HangZhou Radical Energy Saving Technology Co Ltd (300652) - Net Assets
Based on the latest financial reports, HangZhou Radical Energy Saving Technology Co Ltd (300652) has net assets worth CN¥1.59 Billion CNY (≈ $232.75 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¥2.16 Billion ≈ $316.21 Million USD) and total liabilities (CN¥570.30 Million ≈ $83.45 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 HangZhou Radical Energy Saving Technolog asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.59 Billion |
| % of Total Assets | 73.61% |
| Annual Growth Rate | 23.83% |
| 5-Year Change | 46.59% |
| 10-Year Change | 535.12% |
| Growth Volatility | 36.17 |
HangZhou Radical Energy Saving Technology Co Ltd - Net Assets Trend (2012–2024)
This chart illustrates how HangZhou Radical Energy Saving Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 300652 asset base for the complete picture of this company's asset base.
Annual Net Assets for HangZhou Radical Energy Saving Technology Co Ltd (2012–2024)
The table below shows the annual net assets of HangZhou Radical Energy Saving Technology Co Ltd from 2012 to 2024. For live valuation and market cap data, see 300652 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.41 Billion ≈ $205.85 Million |
+6.42% |
| 2023-12-31 | CN¥1.32 Billion ≈ $193.43 Million |
+6.39% |
| 2022-12-31 | CN¥1.24 Billion ≈ $181.82 Million |
+23.20% |
| 2021-12-31 | CN¥1.01 Billion ≈ $147.59 Million |
+5.10% |
| 2020-12-31 | CN¥959.62 Million ≈ $140.42 Million |
+23.73% |
| 2019-12-31 | CN¥775.59 Million ≈ $113.49 Million |
+6.20% |
| 2018-12-31 | CN¥730.29 Million ≈ $106.86 Million |
+11.29% |
| 2017-12-31 | CN¥656.19 Million ≈ $96.02 Million |
+140.03% |
| 2016-12-31 | CN¥273.38 Million ≈ $40.00 Million |
+23.43% |
| 2015-12-31 | CN¥221.49 Million ≈ $32.41 Million |
+38.90% |
| 2014-12-31 | CN¥159.46 Million ≈ $23.33 Million |
+4.03% |
| 2013-12-31 | CN¥153.29 Million ≈ $22.43 Million |
+41.68% |
| 2012-12-31 | CN¥108.19 Million ≈ $15.83 Million |
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Equity Component Analysis
This analysis shows how different components contribute to HangZhou Radical Energy Saving 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 6249.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥562.25 Million | 40.43% |
| Common Stock | CN¥102.61 Million | 7.38% |
| Other Comprehensive Income | CN¥84.32 Million | 6.06% |
| Other Components | CN¥641.53 Million | 46.13% |
| Total Equity | CN¥1.39 Billion | 100.00% |
HangZhou Radical Energy Saving Technology Co Ltd Competitors by Market Cap
The table below lists competitors of HangZhou Radical Energy Saving Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Neto Malinda
TA:NTML
|
$917.89 Million |
|
Sichuan Discovery Dream Science & Technology Co.Ltd
SHE:301213
|
$918.14 Million |
|
Formosa Advanced Technologies Co Ltd
TW:8131
|
$918.15 Million |
|
Shenzhen Heungkong Holding Co Ltd
SHG:600162
|
$918.29 Million |
|
Sagicor Financial Company
TO:SFC
|
$917.51 Million |
|
Jiangsu SINOJIT Wind Energy Technology Co Ltd
SHG:601218
|
$917.45 Million |
|
ASA Gold and Precious Metals Ltd
NYSE:ASA
|
$917.38 Million |
|
Jastrzebska Spotka Weglowa SA
WAR:JSW
|
$917.38 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HangZhou Radical Energy Saving Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,321,852,820 to 1,390,712,865, a change of 68,860,045 (5.2%).
- Net income of 120,164,112 contributed positively to equity growth.
- Dividend payments of 51,778,052 reduced retained earnings.
- Other comprehensive income increased equity by 12,053,981.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥120.16 Million | +8.64% |
| Dividends Paid | CN¥51.78 Million | -3.72% |
| Other Comprehensive Income | CN¥12.05 Million | +0.87% |
| Other Changes | CN¥-11.58 Million | -0.83% |
| Total Change | CN¥- | 5.21% |
Book Value vs Market Value Analysis
This analysis compares HangZhou Radical Energy Saving 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: 3.47x
- 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 28.56x to 3.47x 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¥1.65 | CN¥47.02 | x |
| 2013-12-31 | CN¥2.33 | CN¥47.02 | x |
| 2014-12-31 | CN¥2.43 | CN¥47.02 | x |
| 2015-12-31 | CN¥3.36 | CN¥47.02 | x |
| 2016-12-31 | CN¥4.15 | CN¥47.02 | x |
| 2017-12-31 | CN¥8.32 | CN¥47.02 | x |
| 2018-12-31 | CN¥8.28 | CN¥47.02 | x |
| 2019-12-31 | CN¥8.81 | CN¥47.02 | x |
| 2020-12-31 | CN¥10.84 | CN¥47.02 | x |
| 2021-12-31 | CN¥10.51 | CN¥47.02 | x |
| 2022-12-31 | CN¥12.34 | CN¥47.02 | x |
| 2023-12-31 | CN¥12.85 | CN¥47.02 | x |
| 2024-12-31 | CN¥13.55 | CN¥47.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HangZhou Radical Energy Saving 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): 8.64%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.24%
- • Asset Turnover: 0.40x
- • Equity Multiplier: 1.32x
- Recent ROE (8.64%) is below the historical average (15.08%), 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 | 13.83% | 6.07% | 0.66x | 3.45x | CN¥4.15 Million |
| 2013 | 22.02% | 11.08% | 0.73x | 2.71x | CN¥18.43 Million |
| 2014 | 34.61% | 15.12% | 0.95x | 2.41x | CN¥39.25 Million |
| 2015 | 28.01% | 17.30% | 0.90x | 1.79x | CN¥39.88 Million |
| 2016 | 24.84% | 17.26% | 0.78x | 1.85x | CN¥40.57 Million |
| 2017 | 11.42% | 15.13% | 0.55x | 1.37x | CN¥9.34 Million |
| 2018 | 11.35% | 18.08% | 0.32x | 1.94x | CN¥9.87 Million |
| 2019 | 8.11% | 13.61% | 0.32x | 1.89x | CN¥-14.66 Million |
| 2020 | 6.18% | 13.57% | 0.34x | 1.35x | CN¥-36.62 Million |
| 2021 | 9.51% | 16.23% | 0.41x | 1.43x | CN¥-4.93 Million |
| 2022 | 8.35% | 16.01% | 0.43x | 1.22x | CN¥-20.50 Million |
| 2023 | 9.11% | 18.47% | 0.39x | 1.27x | CN¥-11.81 Million |
| 2024 | 8.64% | 16.24% | 0.40x | 1.32x | CN¥-18.91 Million |
Industry Comparison
This section compares HangZhou Radical Energy Saving Technology Co Ltd's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $2,241,212,649
- Average return on equity (ROE) among peers: 3.92%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| HangZhou Radical Energy Saving Technology Co Ltd (300652) | CN¥1.59 Billion | 13.83% | 0.36x | $917.79 Million |
| FAWER Automotive Parts Ltd Co (000030) | $4.25 Billion | 12.78% | 0.67x | $1.25 Billion |
| Wanxiang Qianchao Co Ltd (000559) | $2.12 Billion | 6.41% | 1.35x | $8.58 Billion |
| Weifu High-Technology Group Co Ltd (000581) | $10.00 Billion | 11.08% | 0.31x | $2.32 Billion |
| Gui Zhou Tyre Co Ltd (000589) | $810.12 Million | -9.29% | 1.97x | $1.14 Billion |
| Qingdao Doublestar Co Ltd (000599) | $2.50 Billion | 2.32% | 1.02x | $707.54 Million |
| Hengli Industrial Development Group Co Ltd (000622) | $176.30 Million | 2.76% | 1.99x | $9.33 Million |
| Xiangyang Automobile Bearing Co Ltd (000678) | $1.10 Billion | 0.29% | 0.96x | $907.28 Million |
| Jiangnan Mould & Plastic Technology Co Ltd (000700) | $941.64 Million | 8.22% | 0.72x | $1.95 Billion |
| Sichuan Haowu Electromechanical Co Ltd (000757) | $572.87 Million | 4.59% | 0.74x | $381.97 Million |
| Anhui Zhongding Sealing Parts Co Ltd (000887) | $-57.93 Million | 0.00% | 0.00x | $3.58 Billion |
About HangZhou Radical Energy Saving Technology Co Ltd
Hang Zhou Radical Energy-Saving Technology Co., Ltd. engages in the research, design, manufacture, and sale of automotive bearings in China and internationally. It offers wheel bearings and hub units, tapered roller bearings, belt tensioners and pulleys, clutch release bearings, tripods for C.V. joints, and other products. The company was founded in 2002 and is based in Hangzhou, China.