Huarui Electrical Appliance Co Ltd
Huarui Electrical Appliance Co.,Ltd. engages in research, development, design, production, and sale of low-power motors and micro-motor commutators in China. It offers slot, grooved reinforced, hook, and hook-type reinforced commutators. The company also provides coiled c-type, k-type, planar, and micro product commutators. Its products are used in automobile industry, power tools, household appl… Read more
Huarui Electrical Appliance Co Ltd (300626) - Net Assets
Latest net assets as of September 2025: CN¥529.10 Million CNY
Based on the latest financial reports, Huarui Electrical Appliance Co Ltd (300626) has net assets worth CN¥529.10 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¥879.78 Million) and total liabilities (CN¥350.68 Million). 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¥529.10 Million |
| % of Total Assets | 60.14% |
| Annual Growth Rate | 8.99% |
| 5-Year Change | -6.51% |
| 10-Year Change | 119.84% |
| Growth Volatility | 21.6 |
Huarui Electrical Appliance Co Ltd - Net Assets Trend (2012–2024)
This chart illustrates how Huarui Electrical Appliance 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 Huarui Electrical Appliance Co Ltd (2012–2024)
The table below shows the annual net assets of Huarui Electrical Appliance Co Ltd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥515.44 Million | -1.21% |
| 2023-12-31 | CN¥521.77 Million | -14.83% |
| 2022-12-31 | CN¥612.63 Million | +3.28% |
| 2021-12-31 | CN¥593.19 Million | +7.59% |
| 2020-12-31 | CN¥551.35 Million | +1.50% |
| 2019-12-31 | CN¥543.22 Million | +4.66% |
| 2018-12-31 | CN¥519.05 Million | +7.03% |
| 2017-12-31 | CN¥484.97 Million | +77.01% |
| 2016-12-31 | CN¥273.97 Million | +16.85% |
| 2015-12-31 | CN¥234.46 Million | +10.65% |
| 2014-12-31 | CN¥211.90 Million | -0.96% |
| 2013-12-31 | CN¥213.96 Million | +16.62% |
| 2012-12-31 | CN¥183.47 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Huarui Electrical Appliance 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 1943.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥191.00 Million | 37.06% |
| Common Stock | CN¥180.00 Million | 34.92% |
| Other Components | CN¥144.44 Million | 28.02% |
| Total Equity | CN¥515.44 Million | 100.00% |
Huarui Electrical Appliance Co Ltd Competitors by Market Cap
The table below lists competitors of Huarui Electrical Appliance Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dabaco
VN:DBC
|
$292.30 Million |
|
Kosy JSC
VN:KOS
|
$292.33 Million |
|
Natures Sunshine Products Inc
NASDAQ:NATR
|
$292.35 Million |
|
Gemini Space Station, Inc. Class A Common Stock
NASDAQ:GEMI
|
$292.38 Million |
|
Paslin Digital Technology Co Ltd
SHG:600215
|
$292.27 Million |
|
Bajaj Consumer Care Limited
NSE:BAJAJCON
|
$292.15 Million |
|
YungShin Global Holding Corp
TW:3705
|
$292.12 Million |
|
Shandong Cynda Chemcial Co Ltd
SHG:603086
|
$292.08 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Huarui Electrical Appliance Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 521,768,014 to 515,439,957, a change of -6,328,057 (-1.2%).
- Net loss of 3,268,056 reduced equity.
- Dividend payments of 10,465,105 reduced retained earnings.
- Other factors increased equity by 7,405,104.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-3.27 Million | -0.63% |
| Dividends Paid | CN¥10.47 Million | -2.03% |
| Other Changes | CN¥7.41 Million | +1.44% |
| Total Change | CN¥- | -1.21% |
Book Value vs Market Value Analysis
This analysis compares Huarui Electrical Appliance 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: 6.63x
- 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 17.59x to 6.63x 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¥1.19 | CN¥20.90 | x |
| 2013-12-31 | CN¥1.36 | CN¥20.90 | x |
| 2014-12-31 | CN¥1.58 | CN¥20.90 | x |
| 2015-12-31 | CN¥1.73 | CN¥20.90 | x |
| 2016-12-31 | CN¥2.04 | CN¥20.90 | x |
| 2017-12-31 | CN¥5.20 | CN¥20.90 | x |
| 2018-12-31 | CN¥2.83 | CN¥20.90 | x |
| 2019-12-31 | CN¥3.02 | CN¥20.90 | x |
| 2020-12-31 | CN¥3.06 | CN¥20.90 | x |
| 2021-12-31 | CN¥3.30 | CN¥20.90 | x |
| 2022-12-31 | CN¥3.40 | CN¥20.90 | x |
| 2023-12-31 | CN¥2.87 | CN¥20.90 | x |
| 2024-12-31 | CN¥3.15 | CN¥20.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Huarui Electrical Appliance 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): -0.63%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.43%
- • Asset Turnover: 0.77x
- • Equity Multiplier: 1.89x
- Recent ROE (-0.63%) is below the historical average (6.05%), 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 | 11.22% | 2.74% | 1.05x | 3.89x | CN¥1.96 Million |
| 2013 | 12.65% | 3.08% | 0.94x | 4.36x | CN¥4.88 Million |
| 2014 | 10.91% | 2.89% | 1.06x | 3.57x | CN¥1.92 Million |
| 2015 | 9.62% | 3.34% | 0.91x | 3.17x | CN¥-885.16K |
| 2016 | 14.42% | 5.75% | 0.86x | 2.92x | CN¥12.11 Million |
| 2017 | 11.74% | 6.82% | 0.91x | 1.90x | CN¥8.42 Million |
| 2018 | 8.49% | 5.19% | 0.82x | 2.01x | CN¥-7.82 Million |
| 2019 | 4.45% | 3.21% | 0.75x | 1.84x | CN¥-30.15 Million |
| 2020 | 2.13% | 1.61% | 0.73x | 1.80x | CN¥-43.40 Million |
| 2021 | 7.05% | 4.26% | 0.77x | 2.15x | CN¥-17.48 Million |
| 2022 | 4.06% | 3.72% | 0.60x | 1.82x | CN¥-36.41 Million |
| 2023 | -17.42% | -13.65% | 0.70x | 1.84x | CN¥-143.04 Million |
| 2024 | -0.63% | -0.43% | 0.77x | 1.89x | CN¥-54.81 Million |
Industry Comparison
This section compares Huarui Electrical Appliance Co Ltd's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $2,729,724,236
- Average return on equity (ROE) among peers: 9.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Huarui Electrical Appliance Co Ltd (300626) | CN¥529.10 Million | 11.22% | 0.66x | $292.29 Million |
| Shenzhen Zhongheng Huafa Co Ltd Class A (000020) | $232.24 Million | -19.09% | 0.85x | $268.56 Million |
| Shenzhen Desay Battery Technology Co Ltd (000049) | $2.26 Billion | 17.72% | 2.90x | $768.09 Million |
| CPT Technology Group Co Ltd (000536) | $-18.89 Million | 0.00% | 0.00x | $1.06 Billion |
| Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) | $12.01 Billion | 2.72% | 0.32x | $2.22 Billion |
| Xiamen Xindeco Ltd (000701) | $796.35 Million | 5.67% | 2.04x | $315.64 Million |
| BOE Technology Group Co Ltd (000725) | $5.52 Billion | 12.51% | 1.42x | $20.18 Billion |
| China Zhenhua Group Science & Technology Co Ltd (000733) | $5.38 Billion | 5.53% | 0.63x | $2.54 Billion |
| Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) | $451.00 Million | 7.52% | 0.67x | $1.39 Billion |
| Beijing Kingfore HV & Energy Conservation Technology Co.Ltd. (001210) | $389.14 Million | 20.02% | 1.72x | $174.91 Million |
| Shanghai Smart Control Co. Ltd. (001266) | $268.16 Million | 42.89% | 0.50x | $149.46 Million |