HengFeng Information Technology Co Ltd (300605) - Net Assets
Based on the latest financial reports, HengFeng Information Technology Co Ltd (300605) has net assets worth CN¥499.20 Million CNY (≈ $73.05 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¥1.31 Billion ≈ $191.01 Million USD) and total liabilities (CN¥806.11 Million ≈ $117.96 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 300605 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥499.20 Million |
| % of Total Assets | 38.24% |
| Annual Growth Rate | 20.56% |
| 5-Year Change | 1.32% |
| 10-Year Change | 152.51% |
| Growth Volatility | 36.14 |
HengFeng Information Technology Co Ltd - Net Assets Trend (2012–2024)
This chart illustrates how HengFeng Information Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 300605 asset base for the complete picture of this company's asset base.
Annual Net Assets for HengFeng Information Technology Co Ltd (2012–2024)
The table below shows the annual net assets of HengFeng Information Technology Co Ltd from 2012 to 2024. For live valuation and market cap data, see 300605 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥489.45 Million ≈ $71.62 Million |
-16.41% |
| 2023-12-31 | CN¥585.56 Million ≈ $85.69 Million |
+6.11% |
| 2022-12-31 | CN¥551.86 Million ≈ $80.75 Million |
+6.13% |
| 2021-12-31 | CN¥519.97 Million ≈ $76.09 Million |
+7.64% |
| 2020-12-31 | CN¥483.08 Million ≈ $70.69 Million |
-13.04% |
| 2019-12-31 | CN¥555.54 Million ≈ $81.29 Million |
+12.02% |
| 2018-12-31 | CN¥495.94 Million ≈ $72.57 Million |
+11.52% |
| 2017-12-31 | CN¥444.72 Million ≈ $65.08 Million |
+92.11% |
| 2016-12-31 | CN¥231.50 Million ≈ $33.88 Million |
+19.43% |
| 2015-12-31 | CN¥193.84 Million ≈ $28.36 Million |
+22.16% |
| 2014-12-31 | CN¥158.68 Million ≈ $23.22 Million |
+101.85% |
| 2013-12-31 | CN¥78.61 Million ≈ $11.50 Million |
+51.43% |
| 2012-12-31 | CN¥51.91 Million ≈ $7.60 Million |
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Equity Component Analysis
This analysis shows how different components contribute to HengFeng Information 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 grown by 730.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥109.65 Million | 22.40% |
| Common Stock | CN¥164.49 Million | 33.61% |
| Other Components | CN¥215.34 Million | 43.99% |
| Total Equity | CN¥489.48 Million | 100.00% |
HengFeng Information Technology Co Ltd Competitors by Market Cap
The table below lists competitors of HengFeng Information Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ser Educacional Sa
SA:SEER3
|
$318.26 Million |
|
Shenzhen Auto Electric Power Plant Co Ltd
SHE:002227
|
$318.38 Million |
|
Myer Holdings Ltd
AU:MYR
|
$318.40 Million |
|
Orion Engineered Carbons SA
F:0OE
|
$318.41 Million |
|
Kung Long Batteries Industrial Co Ltd
TW:1537
|
$318.00 Million |
|
Samyang Holdings
KO:000070
|
$317.93 Million |
|
Cerence Inc
NASDAQ:CRNC
|
$317.83 Million |
|
Churchill Capital Corp IX
NASDAQ:CCIX
|
$317.74 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HengFeng Information Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 582,675,795 to 489,482,536, a change of -93,193,259 (-16.0%).
- Net loss of 86,804,860 reduced equity.
- Dividend payments of 14,430,096 reduced retained earnings.
- Other factors increased equity by 8,041,697.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-86.80 Million | -17.73% |
| Dividends Paid | CN¥14.43 Million | -2.95% |
| Other Changes | CN¥8.04 Million | +1.64% |
| Total Change | CN¥- | -15.99% |
Book Value vs Market Value Analysis
This analysis compares HengFeng Information 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: 4.41x
- 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 29.66x to 4.41x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | CN¥0.44 | CN¥13.17 | x |
| 2013-12-31 | CN¥0.67 | CN¥13.17 | x |
| 2014-12-31 | CN¥1.36 | CN¥13.17 | x |
| 2015-12-31 | CN¥1.58 | CN¥13.17 | x |
| 2016-12-31 | CN¥1.89 | CN¥13.17 | x |
| 2017-12-31 | CN¥2.77 | CN¥13.17 | x |
| 2018-12-31 | CN¥3.01 | CN¥13.17 | x |
| 2019-12-31 | CN¥3.32 | CN¥13.17 | x |
| 2020-12-31 | CN¥2.92 | CN¥13.17 | x |
| 2021-12-31 | CN¥3.14 | CN¥13.17 | x |
| 2022-12-31 | CN¥3.33 | CN¥13.17 | x |
| 2023-12-31 | CN¥3.45 | CN¥13.17 | x |
| 2024-12-31 | CN¥2.99 | CN¥13.17 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HengFeng Information 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): -17.73%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -38.19%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 2.97x
- Recent ROE (-17.73%) is below the historical average (11.80%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 20.74% | 6.30% | 0.98x | 3.37x | CN¥5.58 Million |
| 2013 | 33.72% | 10.12% | 1.15x | 2.90x | CN¥18.57 Million |
| 2014 | 19.27% | 10.59% | 0.90x | 2.02x | CN¥14.70 Million |
| 2015 | 18.18% | 11.32% | 0.80x | 2.00x | CN¥15.84 Million |
| 2016 | 16.26% | 11.39% | 0.82x | 1.75x | CN¥14.49 Million |
| 2017 | 9.72% | 10.68% | 0.62x | 1.47x | CN¥-1.22 Million |
| 2018 | 10.84% | 10.20% | 0.63x | 1.68x | CN¥4.16 Million |
| 2019 | 10.99% | 10.72% | 0.64x | 1.60x | CN¥5.45 Million |
| 2020 | 12.27% | 11.74% | 0.50x | 2.10x | CN¥10.91 Million |
| 2021 | 9.10% | 7.68% | 0.56x | 2.11x | CN¥-4.67 Million |
| 2022 | 7.17% | 7.63% | 0.45x | 2.11x | CN¥-15.52 Million |
| 2023 | 2.90% | 3.48% | 0.35x | 2.38x | CN¥-41.39 Million |
| 2024 | -17.73% | -38.19% | 0.16x | 2.97x | CN¥-135.75 Million |
Industry Comparison
This section compares HengFeng Information Technology Co Ltd's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $1,192,409,576
- Average return on equity (ROE) among peers: -56.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| HengFeng Information Technology Co Ltd (300605) | CN¥499.20 Million | 20.74% | 1.61x | $318.25 Million |
| Digital China Group Co Ltd (000034) | $-806.39 Million | 0.00% | 0.00x | $4.00 Billion |
| ZJBC Information Technology Co Ltd (000889) | $338.44 Million | -592.41% | 3.36x | $605.58 Million |
| Yunnan Nantian Electronics Information Co Ltd (000948) | $516.76 Million | 0.60% | 0.37x | $826.70 Million |
| Guomai Technologies Inc (002093) | $1.28 Billion | 8.47% | 0.78x | $1.23 Billion |
| Shanghai HiTech Control System (002184) | $1.27 Billion | 1.14% | 0.70x | $601.98 Million |
| SZZT Electronics Co Ltd (002197) | $2.42 Billion | -9.95% | 1.15x | $723.70 Million |
| Talkweb Information System Co Ltd (002261) | $3.78 Billion | 5.60% | 0.12x | $6.53 Billion |
| Westone Information Industry Inc (002268) | $378.26 Million | 9.09% | 0.20x | $1.94 Billion |
| Taiji Computer Corp Ltd (002368) | $2.03 Billion | 9.66% | 1.05x | $1.57 Billion |
| COSCO SHIPPING Technology Co Ltd (002401) | $715.73 Million | 7.66% | 0.70x | $771.75 Million |
About HengFeng Information Technology Co Ltd
Hengfeng Information Technology Co., Ltd. operates as a smart city information technology service provider in China. The company provides smart city industry solutions for customers in the fields of urban services, public safety, and people's livelihood. It offers design consultation, software development, system integration and management, and operation and maintenance services to customers in a… Read more