Hangzhou Gaoxin Rubber & Plastic Materials Co Ltd Net Assets
Hangzhou Gaoxin Rubber & Plastic Materials Co Ltd net assets. Based on the latest financial reports, Hangzhou Gaoxin Rubber & Plastic Materials Co Ltd (300478) has net assets worth CN¥63.64 Million CNY (≈ $9.31 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥332.37 Million ≈ $48.64 Million USD) and total liabilities (CN¥268.73 Million ≈ $39.32 Million USD). 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. Also explore 300478 net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥63.64 Million |
| % of Total Assets | 19.15% |
| Annual Growth Rate | -6.23% |
| 5-Year Change | -37.8% |
| 10-Year Change | -89.97% |
| Growth Volatility | 41.61 |
Net Assets of Hangzhou Gaoxin Rubber & Plastic Materials Co Ltd (2011–2025)
Net assets of Hangzhou Gaoxin Rubber & Plastic Materials Co Ltd from 2011 to 2025. This chart illustrates how Hangzhou Gaoxin Rubber & Plastic Materials Co Ltd's net assets have evolved over time, based on quarterly financial data. See 300478 net asset quality score to measure how much of total assets are equity-financed.
Annual Net Assets for Hangzhou Gaoxin Rubber & Plastic Materials Co Ltd (2011–2025)
The table below shows the annual net assets of Hangzhou Gaoxin Rubber & Plastic Materials Co Ltd from 2011 to 2025. For live market cap and overall valuation, see Hangzhou Gaoxin Rubber & Plastic Materia (300478) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥51.66 Million ≈ $7.56 Million |
-23.96% |
| 2024-12-31 | CN¥67.94 Million ≈ $9.94 Million |
-26.37% |
| 2023-12-31 | CN¥92.27 Million ≈ $13.50 Million |
+34.46% |
| 2022-12-31 | CN¥68.62 Million ≈ $10.04 Million |
-17.38% |
| 2021-12-31 | CN¥83.06 Million ≈ $12.15 Million |
+29.15% |
| 2020-12-31 | CN¥64.31 Million ≈ $9.41 Million |
-77.49% |
| 2019-12-31 | CN¥285.77 Million ≈ $41.82 Million |
-51.34% |
| 2018-12-31 | CN¥587.29 Million ≈ $85.94 Million |
+4.51% |
| 2017-12-31 | CN¥561.97 Million ≈ $82.23 Million |
+9.13% |
| 2016-12-31 | CN¥514.94 Million ≈ $75.35 Million |
+5.17% |
| 2015-12-31 | CN¥489.63 Million ≈ $71.65 Million |
+101.51% |
| 2014-12-31 | CN¥242.98 Million ≈ $35.56 Million |
+18.92% |
| 2013-12-31 | CN¥204.33 Million ≈ $29.90 Million |
+23.75% |
| 2012-12-31 | CN¥165.11 Million ≈ $24.16 Million |
+29.92% |
| 2011-12-31 | CN¥127.09 Million ≈ $18.60 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Hangzhou Gaoxin Rubber & Plastic Materials 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 1223.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Hangzhou Gaoxin Rubber & Plastic Materials Co Ltd Net Assets Breakdown (December 2025)
Hangzhou Gaoxin Rubber & Plastic Materials Co Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥358.63 Million | 883.73% |
| Total Equity | CN¥40.58 Million | 100.00% |
Hangzhou Gaoxin Rubber & Plastic Materials Co Ltd Competitors by Market Cap
The table below lists competitors of Hangzhou Gaoxin Rubber & Plastic Materials Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Onterris
NYSE:ONT
|
$550.99 Million |
|
Tekla Life Sciences Investors
NYSE:HQL
|
$550.99 Million |
|
Zhejiang Netsun Co Ltd
SHE:002095
|
$551.02 Million |
|
Anhui Huaheng Biotechnology Co. Ltd. A
SHG:688639
|
$551.19 Million |
|
China Railway Harbin Group of Technology Corp. A
SHG:688459
|
$550.67 Million |
|
Olvi Oyj A
HE:OLVAS
|
$550.65 Million |
|
LG Chem Ltd
KO:051915
|
$550.33 Million |
|
Henan Taloph Pharmaceutical Stock Co Ltd
SHG:600222
|
$550.05 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hangzhou Gaoxin Rubber & Plastic Materials Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 67,935,420 to 40,581,151, a change of -27,354,269 (-40.3%).
- Net loss of 27,354,269 reduced equity.
- Dividend payments of 7,622,324 reduced retained earnings.
- Other comprehensive income decreased equity by 43,038,103.
- Other factors increased equity by 50,660,428.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-27.35 Million | -67.41% |
| Dividends Paid | CN¥7.62 Million | -18.78% |
| Other Comprehensive Income | CN¥-43.04 Million | -106.05% |
| Other Changes | CN¥50.66 Million | +124.84% |
| Total Change | CN¥- | -40.27% |
Book Value vs Market Value Analysis
This analysis compares Hangzhou Gaoxin Rubber & Plastic Materials 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: 92.77x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 22.08x to 92.77x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥1.35 | CN¥29.72 | x |
| 2012-12-31 | CN¥1.74 | CN¥29.72 | x |
| 2013-12-31 | CN¥2.15 | CN¥29.72 | x |
| 2014-12-31 | CN¥2.55 | CN¥29.72 | x |
| 2015-12-31 | CN¥4.39 | CN¥29.72 | x |
| 2016-12-31 | CN¥4.07 | CN¥29.72 | x |
| 2017-12-31 | CN¥4.27 | CN¥29.72 | x |
| 2018-12-31 | CN¥4.48 | CN¥29.72 | x |
| 2019-12-31 | CN¥2.02 | CN¥29.72 | x |
| 2020-12-31 | CN¥0.53 | CN¥29.72 | x |
| 2021-12-31 | CN¥0.67 | CN¥29.72 | x |
| 2022-12-31 | CN¥0.54 | CN¥29.72 | x |
| 2023-12-31 | CN¥0.73 | CN¥29.72 | x |
| 2024-12-31 | CN¥0.54 | CN¥29.72 | x |
| 2025-12-31 | CN¥0.32 | CN¥29.72 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hangzhou Gaoxin Rubber & Plastic Materials 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): -67.41%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.98%
- • Asset Turnover: 1.14x
- • Equity Multiplier: 8.45x
- Recent ROE (-67.41%) is below the historical average (-24.90%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 26.20% | 7.72% | 1.75x | 1.95x | CN¥20.59 Million |
| 2012 | 23.03% | 7.99% | 1.81x | 1.59x | CN¥21.51 Million |
| 2013 | 21.08% | 7.97% | 1.53x | 1.72x | CN¥22.63 Million |
| 2014 | 18.99% | 8.05% | 1.36x | 1.73x | CN¥21.85 Million |
| 2015 | 8.40% | 7.58% | 0.92x | 1.21x | CN¥-7.85 Million |
| 2016 | 6.86% | 6.29% | 0.91x | 1.20x | CN¥-16.18 Million |
| 2017 | 7.74% | 6.50% | 0.48x | 2.50x | CN¥-12.39 Million |
| 2018 | 3.79% | 2.48% | 0.77x | 1.99x | CN¥-34.67 Million |
| 2019 | -114.23% | -41.95% | 0.86x | 3.18x | CN¥-318.12 Million |
| 2020 | -283.98% | -46.05% | 1.02x | 6.04x | CN¥-196.05 Million |
| 2021 | 17.83% | 3.83% | 0.94x | 4.95x | CN¥6.51 Million |
| 2022 | -31.55% | -5.89% | 1.10x | 4.87x | CN¥-28.52 Million |
| 2023 | 25.63% | 6.09% | 1.14x | 3.70x | CN¥14.42 Million |
| 2024 | -35.82% | -6.34% | 1.17x | 4.85x | CN¥-31.13 Million |
| 2025 | -67.41% | -6.98% | 1.14x | 8.45x | CN¥-31.41 Million |
Industry Comparison
This section compares Hangzhou Gaoxin Rubber & Plastic Materials Co Ltd's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $1,129,490,062
- Average return on equity (ROE) among peers: 1.99%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hangzhou Gaoxin Rubber & Plastic Materials Co Ltd (300478) | CN¥63.64 Million | 26.20% | 4.22x | $550.90 Million |
| Chongqing Sanxia Paints Co Ltd (000565) | $52.85 Million | 22.79% | 1.49x | $354.68 Million |
| Hengyi Petrochemical Co Ltd (000703) | $207.78 Million | -7.69% | 0.69x | $7.74 Billion |
| Guangdong Xinhui Meida Nylon Co Ltd (000782) | $928.69 Million | 2.92% | 0.77x | $682.18 Million |
| Luxi Chemical Group Co Ltd (000830) | $599.53 Million | 12.23% | 0.85x | $3.00 Billion |
| China Minmetals Rare Earth Co Ltd (000831) | $527.61 Million | 8.55% | 0.40x | $7.39 Billion |
| Anhui Guofeng Plastic Industry Co Ltd (000859) | $1.08 Billion | 0.46% | 0.67x | $1.02 Billion |
| Cofco Biochemical Anhui Co Ltd (000930) | $1.79 Billion | 5.66% | 2.30x | $1.29 Billion |
| Shandong Link Science and Technology Co Ltd (001207) | $2.36 Billion | 12.38% | 0.36x | $747.44 Million |
| Zhejiang Transfar Co Ltd (002010) | $1.88 Billion | 8.19% | 0.59x | $1.84 Billion |
| Poly Union Chemical Holding Group Co Ltd (002037) | $1.86 Billion | -45.62% | 7.40x | $458.83 Million |
About Hangzhou Gaoxin Rubber & Plastic Materials Co Ltd
Hangzhou Gaoxin Materials Technology Co., Ltd., together with its subsidiaries, engages in the research, development, production, and sale of polymer rubber and plastic materials in China. It offers specialty PVC cable materials, specialty polyethylene and cross-linked polyethylene cable materials, halogen-free low-smoke flame-retardant cable materials, general-purpose PVC cable materials, chemic… Read more