Beijing Hezong Science&Technology Co Ltd
Hezong Science&Technology Co., Ltd. engages in the research and development, manufacturing, and sales of power distribution systems in China and internationally. The company offers ring main units, pillar switches, high and low voltage switchgear, box-type substation, intelligent prefabricated cabin substation, energy storage equipment, distribution transformer, electric power automation, and com… Read more
Beijing Hezong Science&Technology Co Ltd (300477) - Net Assets
Latest net assets as of September 2025: CN¥377.73 Million CNY
Based on the latest financial reports, Beijing Hezong Science&Technology Co Ltd (300477) has net assets worth CN¥377.73 Million CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥4.87 Billion) and total liabilities (CN¥4.49 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥377.73 Million |
| % of Total Assets | 7.76% |
| Annual Growth Rate | 12.61% |
| 5-Year Change | -46.26% |
| 10-Year Change | -9.17% |
| Growth Volatility | 41.14 |
Beijing Hezong Science&Technology Co Ltd - Net Assets Trend (2005–2024)
This chart illustrates how Beijing Hezong Science&Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Beijing Hezong Science&Technology Co Ltd (2005–2024)
The table below shows the annual net assets of Beijing Hezong Science&Technology Co Ltd from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥668.08 Million | -71.08% |
| 2023-12-31 | CN¥2.31 Billion | -22.74% |
| 2022-12-31 | CN¥2.99 Billion | +28.05% |
| 2021-12-31 | CN¥2.33 Billion | +87.81% |
| 2020-12-31 | CN¥1.24 Billion | -38.01% |
| 2019-12-31 | CN¥2.01 Billion | +3.34% |
| 2018-12-31 | CN¥1.94 Billion | +0.81% |
| 2017-12-31 | CN¥1.92 Billion | +118.46% |
| 2016-12-31 | CN¥881.13 Million | +19.80% |
| 2015-12-31 | CN¥735.52 Million | +74.88% |
| 2014-12-31 | CN¥420.59 Million | +16.18% |
| 2013-12-31 | CN¥362.02 Million | +26.75% |
| 2012-12-31 | CN¥285.62 Million | +25.03% |
| 2011-12-31 | CN¥228.45 Million | +32.34% |
| 2010-12-31 | CN¥172.62 Million | +31.08% |
| 2009-12-31 | CN¥131.69 Million | +9.96% |
| 2008-12-31 | CN¥119.76 Million | +31.87% |
| 2007-12-31 | CN¥90.82 Million | +16.16% |
| 2006-12-31 | CN¥78.18 Million | +11.82% |
| 2005-12-31 | CN¥69.92 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Beijing Hezong Science&Technology Co Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 9168.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥1.07 Billion | 95.60% |
| Other Comprehensive Income | CN¥-261.62K | -0.02% |
| Other Components | CN¥1.47 Billion | 130.92% |
| Total Equity | CN¥1.12 Billion | 100.00% |
Beijing Hezong Science&Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Beijing Hezong Science&Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Maxell Holdings Ltd
F:0H2
|
$368.08 Million |
|
Zhejiang Great Shengda Packaging Co Ltd
SHG:603687
|
$368.21 Million |
|
Run Long Construction Co Ltd
TW:1808
|
$368.38 Million |
|
Betagro PCL
BK:BTG
|
$368.54 Million |
|
THARISA NON LIST. DL-001
F:7YZ
|
$367.88 Million |
|
Lontrue Co Ltd
SHE:300175
|
$367.80 Million |
|
Infund Holding Co Ltd
SHE:002141
|
$367.71 Million |
|
NewRiver REIT plc
PINK:NRWRF
|
$367.70 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Beijing Hezong Science&Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,838,629,431 to 1,121,343,835, a change of -717,285,596 (-39.0%).
- Net loss of 631,249,596 reduced equity.
- Dividend payments of 114,008,337 reduced retained earnings.
- Share repurchases of 15,000,000 reduced equity.
- Other comprehensive income increased equity by 898,949.
- Other factors increased equity by 42,073,388.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-631.25 Million | -56.29% |
| Dividends Paid | CN¥114.01 Million | -10.17% |
| Share Repurchases | CN¥15.00 Million | -1.34% |
| Other Comprehensive Income | CN¥898.95K | +0.08% |
| Other Changes | CN¥42.07 Million | +3.75% |
| Total Change | CN¥- | -39.01% |
Book Value vs Market Value Analysis
This analysis compares Beijing Hezong Science&Technology Co Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.75x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 20.49x to 2.75x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | CN¥0.14 | CN¥2.88 | x |
| 2006-12-31 | CN¥0.16 | CN¥2.88 | x |
| 2007-12-31 | CN¥0.18 | CN¥2.88 | x |
| 2008-12-31 | CN¥0.24 | CN¥2.88 | x |
| 2009-12-31 | CN¥0.25 | CN¥2.88 | x |
| 2010-12-31 | CN¥0.33 | CN¥2.88 | x |
| 2011-12-31 | CN¥0.43 | CN¥2.88 | x |
| 2012-12-31 | CN¥0.55 | CN¥2.88 | x |
| 2013-12-31 | CN¥0.69 | CN¥2.88 | x |
| 2014-12-31 | CN¥0.81 | CN¥2.88 | x |
| 2015-12-31 | CN¥1.23 | CN¥2.88 | x |
| 2016-12-31 | CN¥1.27 | CN¥2.88 | x |
| 2017-12-31 | CN¥2.51 | CN¥2.88 | x |
| 2018-12-31 | CN¥3.42 | CN¥2.88 | x |
| 2019-12-31 | CN¥2.46 | CN¥2.88 | x |
| 2020-12-31 | CN¥1.53 | CN¥2.88 | x |
| 2021-12-31 | CN¥2.42 | CN¥2.88 | x |
| 2022-12-31 | CN¥2.21 | CN¥2.88 | x |
| 2023-12-31 | CN¥1.71 | CN¥2.88 | x |
| 2024-12-31 | CN¥1.05 | CN¥2.88 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Beijing Hezong Science&Technology Co Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -56.29%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -23.82%
- • Asset Turnover: 0.49x
- • Equity Multiplier: 4.83x
- Recent ROE (-56.29%) is below the historical average (3.27%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 7.98% | 8.06% | 0.57x | 1.73x | CN¥-1.39 Million |
| 2006 | 10.61% | 10.27% | 0.60x | 1.72x | CN¥473.68K |
| 2007 | 13.17% | 11.81% | 0.68x | 1.65x | CN¥2.84 Million |
| 2008 | 12.83% | 11.46% | 0.68x | 1.65x | CN¥3.26 Million |
| 2009 | 22.43% | 13.74% | 0.87x | 1.88x | CN¥15.98 Million |
| 2010 | 24.13% | 15.42% | 0.79x | 1.97x | CN¥23.93 Million |
| 2011 | 24.51% | 15.30% | 0.80x | 2.00x | CN¥32.63 Million |
| 2012 | 24.65% | 13.46% | 0.83x | 2.21x | CN¥41.32 Million |
| 2013 | 21.35% | 10.72% | 0.88x | 2.27x | CN¥40.70 Million |
| 2014 | 18.03% | 8.26% | 0.92x | 2.38x | CN¥33.53 Million |
| 2015 | 11.94% | 7.83% | 0.71x | 2.13x | CN¥14.22 Million |
| 2016 | 9.99% | 6.96% | 0.63x | 2.29x | CN¥-110.90K |
| 2017 | 6.83% | 6.22% | 0.53x | 2.05x | CN¥-61.03 Million |
| 2018 | 2.63% | 2.54% | 0.43x | 2.41x | CN¥-142.96 Million |
| 2019 | 3.19% | 3.37% | 0.41x | 2.31x | CN¥-136.60 Million |
| 2020 | -62.36% | -59.70% | 0.31x | 3.34x | CN¥-900.25 Million |
| 2021 | 4.55% | 4.37% | 0.48x | 2.19x | CN¥-127.31 Million |
| 2022 | 0.30% | 0.24% | 0.41x | 3.07x | CN¥-229.69 Million |
| 2023 | -34.99% | -21.77% | 0.31x | 5.27x | CN¥-827.22 Million |
| 2024 | -56.29% | -23.82% | 0.49x | 4.83x | CN¥-743.38 Million |
Industry Comparison
This section compares Beijing Hezong Science&Technology Co Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $2,399,685,798
- Average return on equity (ROE) among peers: -30.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Beijing Hezong Science&Technology Co Ltd (300477) | CN¥377.73 Million | 7.98% | 11.89x | $368.00 Million |
| XJ Electric Co Ltd (000400) | $11.69 Billion | 8.60% | 0.87x | $2.50 Billion |
| Guangdong Macro Co Ltd (000533) | $259.29 Million | -377.39% | 9.44x | $880.32 Million |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.31 Billion | 8.55% | 0.86x | $364.23 Million |
| Huagong Tech Co Ltd (000988) | $3.01 Billion | 5.01% | 0.66x | $9.70 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.62 Billion | 6.74% | 1.87x | $855.32 Million |
| Shijiazhuang Shangtai Technology Co. Ltd. A (001301) | $1.35 Billion | 11.31% | 0.12x | $1.62 Billion |
| Guangdong Xinyaguang Cable Co (001382) | $804.28 Million | 11.99% | 1.13x | $201.71 Million |
| Sieyuan Electric Co Ltd (002028) | $3.44 Billion | 10.09% | 0.45x | $14.61 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $186.07 Million | 7.07% | 0.22x | $217.00 Million |
| Gotion High tech Co Ltd (002074) | $324.01 Million | 7.87% | 0.45x | $5.08 Billion |