Huarui Electrical Appliance Co Ltd (300626) - Net Assets
Based on the latest financial reports, Huarui Electrical Appliance Co Ltd (300626) has net assets worth CN¥532.18 Million CNY (≈ $77.87 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥888.63 Million ≈ $130.03 Million USD) and total liabilities (CN¥356.45 Million ≈ $52.16 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 300626 asset base for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥532.18 Million |
| % of Total Assets | 59.89% |
| Annual Growth Rate | 8.43% |
| 5-Year Change | -11.43% |
| 10-Year Change | 91.76% |
| Growth Volatility | 20.89 |
Huarui Electrical Appliance Co Ltd - Net Assets Trend (2012–2025)
This chart illustrates how Huarui Electrical Appliance Co Ltd's net assets have evolved over time, based on quarterly financial data. Check Huarui Electrical Appliance Co Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Huarui Electrical Appliance Co Ltd (2012–2025)
The table below shows the annual net assets of Huarui Electrical Appliance Co Ltd from 2012 to 2025. For live valuation and market cap data, see Huarui Electrical Appliance Co Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥525.37 Million ≈ $76.88 Million |
+1.93% |
| 2024-12-31 | CN¥515.44 Million ≈ $75.43 Million |
-1.21% |
| 2023-12-31 | CN¥521.77 Million ≈ $76.35 Million |
-14.83% |
| 2022-12-31 | CN¥612.63 Million ≈ $89.65 Million |
+3.28% |
| 2021-12-31 | CN¥593.19 Million ≈ $86.80 Million |
+7.59% |
| 2020-12-31 | CN¥551.35 Million ≈ $80.68 Million |
+1.50% |
| 2019-12-31 | CN¥543.22 Million ≈ $79.49 Million |
+4.66% |
| 2018-12-31 | CN¥519.05 Million ≈ $75.95 Million |
+7.03% |
| 2017-12-31 | CN¥484.97 Million ≈ $70.97 Million |
+77.01% |
| 2016-12-31 | CN¥273.97 Million ≈ $40.09 Million |
+16.85% |
| 2015-12-31 | CN¥234.46 Million ≈ $34.31 Million |
+10.65% |
| 2014-12-31 | CN¥211.90 Million ≈ $31.01 Million |
-0.96% |
| 2013-12-31 | CN¥213.96 Million ≈ $31.31 Million |
+16.62% |
| 2012-12-31 | CN¥183.47 Million ≈ $26.85 Million |
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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 2018.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥198.01 Million | 37.69% |
| Other Components | CN¥327.36 Million | 62.31% |
| Total Equity | CN¥525.37 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 |
|---|---|
|
Kempower Oyj
HE:KEMPOWR
|
$705.42 Million |
|
Ethos Technologies Inc. Class A Common Stock
NASDAQ:LIFE
|
$705.79 Million |
|
Tianma Bearing Group Co Ltd
SHE:002122
|
$705.85 Million |
|
Lsb Industries Inc
NYSE:LXU
|
$706.27 Million |
|
Vestis Corporation
NYSE:VSTS
|
$705.34 Million |
|
Minerva S.A
SA:BEEF3
|
$705.26 Million |
|
Mills Estruturas e Serviços de Engenharia S.A
SA:MILS3
|
$705.04 Million |
|
Logistea AB Series B
ST:LOGI-B
|
$704.94 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 2024 to 2025, total equity changed from 515,439,957 to 525,370,716, a change of 9,930,759 (1.9%).
- Net income of 9,930,759 contributed positively to equity growth.
- Dividend payments of 5,650,074 reduced retained earnings.
- Other factors increased equity by 5,650,074.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥9.93 Million | +1.89% |
| Dividends Paid | CN¥5.65 Million | -1.08% |
| Other Changes | CN¥5.65 Million | +1.08% |
| Total Change | CN¥- | 1.93% |
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: 9.18x
- 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 22.53x to 9.18x 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¥26.78 | x |
| 2013-12-31 | CN¥1.36 | CN¥26.78 | x |
| 2014-12-31 | CN¥1.58 | CN¥26.78 | x |
| 2015-12-31 | CN¥1.73 | CN¥26.78 | x |
| 2016-12-31 | CN¥2.04 | CN¥26.78 | x |
| 2017-12-31 | CN¥2.89 | CN¥26.78 | x |
| 2018-12-31 | CN¥2.83 | CN¥26.78 | x |
| 2019-12-31 | CN¥2.92 | CN¥26.78 | x |
| 2020-12-31 | CN¥3.29 | CN¥26.78 | x |
| 2021-12-31 | CN¥3.26 | CN¥26.78 | x |
| 2022-12-31 | CN¥3.45 | CN¥26.78 | x |
| 2023-12-31 | CN¥2.87 | CN¥26.78 | x |
| 2024-12-31 | CN¥3.15 | CN¥26.78 | x |
| 2025-12-31 | CN¥2.92 | CN¥26.78 | 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): 1.89%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.21%
- • Asset Turnover: 0.94x
- • Equity Multiplier: 1.67x
- Recent ROE (1.89%) is below the historical average (5.76%), 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 |
| 2025 | 1.89% | 1.21% | 0.94x | 1.67x | CN¥-42.61 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: $7,019,156,914
- Average return on equity (ROE) among peers: 6.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Huarui Electrical Appliance Co Ltd (300626) | CN¥532.18 Million | 11.22% | 0.67x | $705.38 Million |
| Shenzhen Zhongheng Huafa Co Ltd Class A (000020) | $242.20 Million | 9.11% | 0.54x | $286.84 Million |
| Shenzhen Desay Battery Technology Co Ltd (000049) | $652.37 Million | 31.58% | 4.17x | $1.40 Billion |
| Shenzhen Huakong Seg Co Ltd (000068) | $778.27 Million | -21.34% | 3.77x | $427.19 Million |
| CPT Technology Group Co Ltd (000536) | $3.17 Billion | 11.02% | 0.49x | $1.31 Billion |
| Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) | $12.08 Billion | 1.44% | 0.29x | $8.80 Billion |
| Xiamen Xindeco Ltd (000701) | $796.35 Million | 5.67% | 2.04x | $486.55 Million |
| BOE Technology Group Co Ltd (000725) | $38.15 Billion | 6.17% | 1.43x | $28.83 Billion |
| China Zhenhua Group Science & Technology Co Ltd (000733) | $3.57 Billion | 3.61% | 0.48x | $3.33 Billion |
| Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) | $4.17 Billion | 8.18% | 0.30x | $2.28 Billion |
| Guizhou Space Appliance Co Ltd (002025) | $6.58 Billion | 8.44% | 0.52x | $4.09 Billion |
About 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