Ningbo Henghe Mould Co Ltd (300539) - Net Assets
Based on the latest financial reports, Ningbo Henghe Mould Co Ltd (300539) has net assets worth CN¥1.16 Billion CNY (≈ $169.95 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¥1.78 Billion ≈ $259.99 Million USD) and total liabilities (CN¥615.27 Million ≈ $90.03 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 300539 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.16 Billion |
| % of Total Assets | 65.37% |
| Annual Growth Rate | 13.82% |
| 5-Year Change | 14.3% |
| 10-Year Change | 169.84% |
| Growth Volatility | 17.68 |
Ningbo Henghe Mould Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Ningbo Henghe Mould Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore how large is Ningbo Henghe Mould Co Ltd's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Ningbo Henghe Mould Co Ltd (2011–2024)
The table below shows the annual net assets of Ningbo Henghe Mould Co Ltd from 2011 to 2024. For live valuation and market cap data, see market cap of Ningbo Henghe Mould Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥567.19 Million ≈ $83.00 Million |
+4.75% |
| 2023-12-31 | CN¥541.45 Million ≈ $79.23 Million |
+3.58% |
| 2022-12-31 | CN¥522.73 Million ≈ $76.49 Million |
+2.92% |
| 2021-12-31 | CN¥507.90 Million ≈ $74.32 Million |
+2.35% |
| 2020-12-31 | CN¥496.24 Million ≈ $72.61 Million |
+1.12% |
| 2019-12-31 | CN¥490.72 Million ≈ $71.81 Million |
+20.86% |
| 2018-12-31 | CN¥406.04 Million ≈ $59.42 Million |
+7.14% |
| 2017-12-31 | CN¥378.98 Million ≈ $55.46 Million |
+7.38% |
| 2016-12-31 | CN¥352.92 Million ≈ $51.64 Million |
+67.90% |
| 2015-12-31 | CN¥210.19 Million ≈ $30.76 Million |
+11.15% |
| 2014-12-31 | CN¥189.10 Million ≈ $27.67 Million |
+12.54% |
| 2013-12-31 | CN¥168.02 Million ≈ $24.59 Million |
+19.63% |
| 2012-12-31 | CN¥140.45 Million ≈ $20.55 Million |
+33.30% |
| 2011-12-31 | CN¥105.37 Million ≈ $15.42 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Ningbo Henghe Mould 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 grown by 191.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥185.00 Million | 32.67% |
| Common Stock | CN¥222.25 Million | 39.25% |
| Other Comprehensive Income | CN¥36.67 Million | 6.48% |
| Other Components | CN¥122.28 Million | 21.60% |
| Total Equity | CN¥566.21 Million | 100.00% |
Ningbo Henghe Mould Co Ltd Competitors by Market Cap
The table below lists competitors of Ningbo Henghe Mould Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ZJMI Environmental Energy Co. Ltd.
SHG:603071
|
$1.15 Billion |
|
Nuvoco Vistas Corporation Limited
NSE:NUVOCO
|
$1.15 Billion |
|
JinkoSolar Holding Co. Ltd
F:ZJS1
|
$1.15 Billion |
|
Guangxi Wuzhou Zhongheng Group Co Ltd
SHG:600252
|
$1.15 Billion |
|
Hengkang Medical Group Co Ltd
SHE:002219
|
$1.15 Billion |
|
Jiangxi Xinyu Guoke Technology Co Ltd Class A
SHE:300722
|
$1.14 Billion |
|
Xiamen XGMA Machinery Co Ltd
SHG:600815
|
$1.14 Billion |
|
TravelSky Technology Limited
F:TVL
|
$1.14 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ningbo Henghe Mould Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 541,693,000 to 566,210,000, a change of 24,517,000 (4.5%).
- Net income of 38,000,847 contributed positively to equity growth.
- Dividend payments of 30,656,000 reduced retained earnings.
- Other comprehensive income increased equity by 36,672,243.
- Other factors decreased equity by 19,500,090.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥38.00 Million | +6.71% |
| Dividends Paid | CN¥30.66 Million | -5.41% |
| Other Comprehensive Income | CN¥36.67 Million | +6.48% |
| Other Changes | CN¥-19.50 Million | -3.44% |
| Total Change | CN¥- | 4.53% |
Book Value vs Market Value Analysis
This analysis compares Ningbo Henghe Mould 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: 11.52x
- 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 46.04x to 11.52x 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¥0.63 | CN¥29.19 | x |
| 2012-12-31 | CN¥0.86 | CN¥29.19 | x |
| 2013-12-31 | CN¥1.05 | CN¥29.19 | x |
| 2014-12-31 | CN¥1.18 | CN¥29.19 | x |
| 2015-12-31 | CN¥1.31 | CN¥29.19 | x |
| 2016-12-31 | CN¥3.66 | CN¥29.19 | x |
| 2017-12-31 | CN¥1.80 | CN¥29.19 | x |
| 2018-12-31 | CN¥2.00 | CN¥29.19 | x |
| 2019-12-31 | CN¥2.22 | CN¥29.19 | x |
| 2020-12-31 | CN¥2.26 | CN¥29.19 | x |
| 2021-12-31 | CN¥2.31 | CN¥29.19 | x |
| 2022-12-31 | CN¥2.43 | CN¥29.19 | x |
| 2023-12-31 | CN¥2.40 | CN¥29.19 | x |
| 2024-12-31 | CN¥2.53 | CN¥29.19 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ningbo Henghe Mould 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): 6.71%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.06%
- • Asset Turnover: 0.63x
- • Equity Multiplier: 2.10x
- Recent ROE (6.71%) is below the historical average (10.42%), 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 | 29.92% | 10.56% | 1.15x | 2.46x | CN¥19.65 Million |
| 2012 | 24.32% | 10.03% | 1.21x | 2.00x | CN¥19.15 Million |
| 2013 | 17.77% | 7.17% | 1.01x | 2.46x | CN¥12.63 Million |
| 2014 | 11.92% | 5.86% | 0.89x | 2.29x | CN¥3.54 Million |
| 2015 | 12.88% | 7.11% | 0.84x | 2.16x | CN¥5.93 Million |
| 2016 | 10.65% | 9.42% | 0.77x | 1.47x | CN¥2.28 Million |
| 2017 | 8.34% | 6.40% | 0.65x | 2.01x | CN¥-6.26 Million |
| 2018 | 2.50% | 1.83% | 0.58x | 2.36x | CN¥-30.34 Million |
| 2019 | 2.00% | 1.75% | 0.55x | 2.05x | CN¥-39.15 Million |
| 2020 | 2.92% | 2.51% | 0.55x | 2.12x | CN¥-35.26 Million |
| 2021 | 4.35% | 3.17% | 0.63x | 2.17x | CN¥-28.68 Million |
| 2022 | 5.36% | 4.18% | 0.59x | 2.18x | CN¥-24.25 Million |
| 2023 | 6.25% | 5.00% | 0.60x | 2.07x | CN¥-20.30 Million |
| 2024 | 6.71% | 5.06% | 0.63x | 2.10x | CN¥-18.62 Million |
Industry Comparison
This section compares Ningbo Henghe Mould Co Ltd's net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $2,438,601,019
- Average return on equity (ROE) among peers: 14.97%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ningbo Henghe Mould Co Ltd (300539) | CN¥1.16 Billion | 29.92% | 0.53x | $1.15 Billion |
| China International Marine Containers Group Ltd (000039) | $15.83 Billion | 6.06% | 1.36x | $4.17 Billion |
| Xinjiang Hejin Holding Co Ltd (000633) | $173.81 Million | 3.39% | 0.48x | $384.89 Million |
| Guangdong Jingyi Metal Co Ltd (002295) | $1.31 Billion | 2.26% | 0.75x | $411.84 Million |
| Shanghai Xinpeng Industry Co Ltd (002328) | $2.73 Billion | 3.33% | 0.42x | $1.17 Billion |
| Beijing Lier High Temperature Materials Co Ltd (002392) | $1.81 Billion | 5.91% | 0.16x | $1.60 Billion |
| Suzhou Victory Precision Manufacture Co Ltd (002426) | $613.74 Million | 27.25% | 0.30x | $1.85 Billion |
| Dajin Heavy Industry Corp (002487) | $127.95 Million | 47.21% | 0.98x | $7.84 Billion |
| Jiangsu Boamax Technologies Group Co Ltd (002514) | $1.03 Billion | 6.46% | 0.73x | $358.24 Million |
| Guangzheng Group Co Ltd (002524) | $341.38 Million | 10.82% | 4.36x | $332.55 Million |
| Anhui Honglu Steel Construction Group Co Ltd (002541) | $435.46 Million | 37.06% | 4.62x | $1.96 Billion |
About Ningbo Henghe Mould Co Ltd
Ningbo Henghe Precision Industry Co.,Ltd. engages in the research, development, design, manufacture, and sale of precision injection molds and precision components in China. The company offers injection molding products and metal parts. It also provides air purifier, electric toothbrush; smart sweeping robot; vacuum cleaner; and smart kitchen and smart home mite removal devices. In addition, the … Read more