Hnac Technology Co Ltd (300490) - Net Assets

Latest as of September 2025: CN¥2.20 Billion CNY ≈ $322.02 Million USD

Based on the latest financial reports, Hnac Technology Co Ltd (300490) has net assets worth CN¥2.20 Billion CNY (≈ $322.02 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥7.00 Billion ≈ $1.02 Billion USD) and total liabilities (CN¥4.80 Billion ≈ $702.45 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. Check asset resilience ratio of Hnac Technology Co Ltd to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥2.20 Billion
% of Total Assets	31.43%
Annual Growth Rate	20.51%
5-Year Change	33.85%
10-Year Change	334.17%
Growth Volatility	33.29

Hnac Technology Co Ltd - Net Assets Trend (2011–2024)

This chart illustrates how Hnac Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 300490 asset base for the complete picture of this company's asset base.

Annual Net Assets for Hnac Technology Co Ltd (2011–2024)

The table below shows the annual net assets of Hnac Technology Co Ltd from 2011 to 2024. For live valuation and market cap data, see Hnac Technology Co Ltd market cap and net worth.

Year	Net Assets	Change
2024-12-31	CN¥2.40 Billion ≈ $350.72 Million	-15.40%
2023-12-31	CN¥2.83 Billion ≈ $414.56 Million	+30.99%
2022-12-31	CN¥2.16 Billion ≈ $316.48 Million	-15.09%
2021-12-31	CN¥2.55 Billion ≈ $372.73 Million	+42.24%
2020-12-31	CN¥1.79 Billion ≈ $262.03 Million	-0.67%
2019-12-31	CN¥1.80 Billion ≈ $263.80 Million	+5.55%
2018-12-31	CN¥1.71 Billion ≈ $249.92 Million	+36.92%
2017-12-31	CN¥1.25 Billion ≈ $182.54 Million	+106.86%
2016-12-31	CN¥603.02 Million ≈ $88.24 Million	+9.24%
2015-12-31	CN¥552.04 Million ≈ $80.78 Million	+73.67%
2014-12-31	CN¥317.87 Million ≈ $46.51 Million	+13.01%
2013-12-31	CN¥281.29 Million ≈ $41.16 Million	+14.59%
2012-12-31	CN¥245.48 Million ≈ $35.92 Million	+15.83%
2011-12-31	CN¥211.92 Million ≈ $31.01 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Hnac 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 5187.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Common Stock	CN¥398.67 Million	16.70%
Other Components	CN¥2.60 Billion	109.14%
Total Equity	CN¥2.39 Billion	100.00%

Hnac Technology Co Ltd Competitors by Market Cap

The table below lists competitors of Hnac Technology Co Ltd ranked by their market capitalization.

Company	Market Cap
Radware Ltd NASDAQ:RDWR	$1.16 Billion
Nanjing Vazyme Biotech Co Ltd SHG:688105	$1.16 Billion
Kelington Group Bhd KLSE:0151	$1.16 Billion
RLJ Lodging Trust NYSE:RLJ	$1.16 Billion
Tong Oil Tools SHE:300164	$1.16 Billion
Shenzhen Feima International Supply Chain Co Ltd SHE:002210	$1.16 Billion
Sumavision Technologies SHE:300079	$1.16 Billion
OVH GROUPE UNSP.ADR/1/2 F:7U70	$1.16 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Hnac Technology Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 2,772,516,000 to 2,386,632,000, a change of -385,884,000 (-13.9%).
Net loss of 393,106,000 reduced equity.
Dividend payments of 37,501,000 reduced retained earnings.
Share repurchases of 11,001,000 reduced equity.
Other comprehensive income increased equity by 2,131,332.
Other factors increased equity by 53,592,668.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥-393.11 Million	-16.47%
Dividends Paid	CN¥37.50 Million	-1.57%
Share Repurchases	CN¥11.00 Million	-0.46%
Other Comprehensive Income	CN¥2.13 Million	+0.09%
Other Changes	CN¥53.59 Million	+2.25%
Total Change	CN¥-	-13.92%

Book Value vs Market Value Analysis

This analysis compares Hnac 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: 3.25x
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 decreased from 13.96x to 3.25x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2011-12-31	CN¥1.43	CN¥19.90	x
2012-12-31	CN¥1.64	CN¥19.90	x
2013-12-31	CN¥1.86	CN¥19.90	x
2014-12-31	CN¥2.13	CN¥19.90	x
2015-12-31	CN¥3.66	CN¥19.90	x
2016-12-31	CN¥2.89	CN¥19.90	x
2017-12-31	CN¥5.94	CN¥19.90	x
2018-12-31	CN¥7.12	CN¥19.90	x
2019-12-31	CN¥6.78	CN¥19.90	x
2020-12-31	CN¥6.40	CN¥19.90	x
2021-12-31	CN¥9.07	CN¥19.90	x
2022-12-31	CN¥6.32	CN¥19.90	x
2023-12-31	CN¥7.25	CN¥19.90	x
2024-12-31	CN¥6.13	CN¥19.90	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Hnac 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): -16.47%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -20.59%
• Asset Turnover: 0.31x
• Equity Multiplier: 2.62x
Recent ROE (-16.47%) is below the historical average (3.60%), 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	13.33%	10.32%	0.71x	1.81x	CN¥7.06 Million
2012	16.73%	12.40%	0.72x	1.86x	CN¥16.51 Million
2013	14.77%	12.14%	0.67x	1.80x	CN¥13.41 Million
2014	13.87%	12.30%	0.52x	2.18x	CN¥12.30 Million
2015	8.19%	10.78%	0.42x	1.79x	CN¥-9.99 Million
2016	8.31%	9.36%	0.56x	1.57x	CN¥-9.81 Million
2017	4.71%	9.20%	0.27x	1.90x	CN¥-64.07 Million
2018	6.04%	7.32%	0.50x	1.65x	CN¥-66.36 Million
2019	4.98%	6.11%	0.46x	1.78x	CN¥-88.54 Million
2020	1.72%	2.59%	0.33x	2.00x	CN¥-144.73 Million
2021	0.99%	1.11%	0.46x	1.94x	CN¥-227.83 Million
2022	-20.24%	-24.19%	0.31x	2.72x	CN¥-628.88 Million
2023	-6.49%	-7.59%	0.34x	2.53x	CN¥-457.07 Million
2024	-16.47%	-20.59%	0.31x	2.62x	CN¥-631.77 Million

Industry Comparison

This section compares Hnac 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: $2,126,582,124
Average return on equity (ROE) among peers: 8.28%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Hnac Technology Co Ltd (300490)	CN¥2.20 Billion	13.33%	2.18x	$1.16 Billion
XJ Electric Co Ltd (000400)	$2.20 Billion	5.89%	1.09x	$3.75 Billion
Guangdong Macro Co Ltd (000533)	$874.93 Million	-1.17%	1.71x	$1.28 Billion
Foshan Electrical and Lighting Co Ltd (000541)	$2.71 Billion	7.84%	0.11x	$1.02 Billion
Dongfang Electronics Co Ltd (000682)	$86.35 Million	23.75%	0.85x	$2.56 Billion
Shandong Xinneng Taishan Power Generation Co Ltd (000720)	$1.31 Billion	8.55%	0.86x	$834.77 Million
Huagong Tech Co Ltd (000988)	$1.22 Billion	3.70%	0.93x	$17.59 Billion
Hunan Valin Wire & Cable Co Ltd (001208)	$1.54 Billion	5.61%	1.58x	$1.79 Billion
Sieyuan Electric Co Ltd (002028)	$65.21 Million	33.34%	0.57x	$22.29 Billion
Shanghai Welltech Automation Co Ltd (002058)	$183.97 Million	-6.05%	0.22x	$526.87 Million
Gotion High tech Co Ltd (002074)	$11.08 Billion	1.35%	1.51x	$9.75 Billion

About Hnac Technology Co Ltd

SHE:300490 China Electrical Equipment & Parts

Market Cap

$1.16 Billion

CN¥7.93 Billion CNY

Market Cap Rank

#8470 Global

#2190 in China

Share Price

CN¥19.90

Change (1 day)

-0.30%

52-Week Range

CN¥7.50 - CN¥20.75

All Time High

CN¥33.43