Hangzhou Huning Elevator Parts Co Ltd
Hangzhou Huning Elevator Parts Co., Ltd. designs, develops, manufactures, and sells various elevator components in China and internationally. It offers safety clamps, speed limiters, buffers, rope clamps, roller guide shoes, etc. The company was founded in 1996 and is based in Hangzhou, China.
Hangzhou Huning Elevator Parts Co Ltd (300669) - Net Assets
Latest net assets as of September 2025: CN¥874.04 Million CNY
Based on the latest financial reports, Hangzhou Huning Elevator Parts Co Ltd (300669) has net assets worth CN¥874.04 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¥998.44 Million) and total liabilities (CN¥124.40 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¥874.04 Million |
| % of Total Assets | 87.54% |
| Annual Growth Rate | 24.43% |
| 5-Year Change | 56.38% |
| 10-Year Change | 394.17% |
| Growth Volatility | 31.77 |
Hangzhou Huning Elevator Parts Co Ltd - Net Assets Trend (2013–2024)
This chart illustrates how Hangzhou Huning Elevator Parts 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 Hangzhou Huning Elevator Parts Co Ltd (2013–2024)
The table below shows the annual net assets of Hangzhou Huning Elevator Parts Co Ltd from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥878.53 Million | -0.92% |
| 2023-12-31 | CN¥886.69 Million | +2.90% |
| 2022-12-31 | CN¥861.69 Million | +2.91% |
| 2021-12-31 | CN¥837.31 Million | +49.05% |
| 2020-12-31 | CN¥561.78 Million | +9.66% |
| 2019-12-31 | CN¥512.31 Million | +10.01% |
| 2018-12-31 | CN¥465.67 Million | +5.14% |
| 2017-12-31 | CN¥442.89 Million | +100.08% |
| 2016-12-31 | CN¥221.35 Million | +24.51% |
| 2015-12-31 | CN¥177.78 Million | +74.66% |
| 2014-12-31 | CN¥101.79 Million | +28.27% |
| 2013-12-31 | CN¥79.35 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hangzhou Huning Elevator Parts 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 252.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥212.74 Million | 24.22% |
| Common Stock | CN¥192.71 Million | 21.94% |
| Other Components | CN¥473.08 Million | 53.85% |
| Total Equity | CN¥878.53 Million | 100.00% |
Hangzhou Huning Elevator Parts Co Ltd Competitors by Market Cap
The table below lists competitors of Hangzhou Huning Elevator Parts Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Luoxin Pharmaceuticals Group Stock Co Ltd
SHE:002793
|
$409.31 Million |
|
Bandwidth Inc
NASDAQ:BAND
|
$409.33 Million |
|
Zhangjiagang Freetrade Science and Technology Co Ltd
SHG:600794
|
$409.46 Million |
|
Alto Neuroscience, Inc.
NYSE:ANRO
|
$409.58 Million |
|
Soho House & Co Inc.
NYSE:SHCO
|
$409.12 Million |
|
Fubotv Inc
NYSE:FUBO
|
$409.09 Million |
|
HEALTHCARE TR.PFD SH DL25
F:4ON
|
$408.87 Million |
|
Shutterstock
NYSE:SSTK
|
$408.77 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hangzhou Huning Elevator Parts Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 886,690,751 to 878,527,226, a change of -8,163,525 (-0.9%).
- Net income of 27,707,609 contributed positively to equity growth.
- Dividend payments of 23,124,653 reduced retained earnings.
- Share repurchases of 13,728,378 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥27.71 Million | +3.15% |
| Dividends Paid | CN¥23.12 Million | -2.63% |
| Share Repurchases | CN¥13.73 Million | -1.56% |
| Other Changes | CN¥981.90K | +0.11% |
| Total Change | CN¥- | -0.92% |
Book Value vs Market Value Analysis
This analysis compares Hangzhou Huning Elevator Parts 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: 6.99x
- 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 51.05x to 6.99x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | CN¥0.63 | CN¥32.00 | x |
| 2014-12-31 | CN¥0.82 | CN¥32.00 | x |
| 2015-12-31 | CN¥1.44 | CN¥32.00 | x |
| 2016-12-31 | CN¥1.80 | CN¥32.00 | x |
| 2017-12-31 | CN¥3.06 | CN¥32.00 | x |
| 2018-12-31 | CN¥2.83 | CN¥32.00 | x |
| 2019-12-31 | CN¥3.12 | CN¥32.00 | x |
| 2020-12-31 | CN¥3.38 | CN¥32.00 | x |
| 2021-12-31 | CN¥4.98 | CN¥32.00 | x |
| 2022-12-31 | CN¥4.48 | CN¥32.00 | x |
| 2023-12-31 | CN¥4.60 | CN¥32.00 | x |
| 2024-12-31 | CN¥4.58 | CN¥32.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hangzhou Huning Elevator Parts 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): 3.15%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.56%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 1.15x
- Recent ROE (3.15%) is below the historical average (12.68%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 31.59% | 11.71% | 1.17x | 2.30x | CN¥16.65 Million |
| 2014 | 29.47% | 12.47% | 1.20x | 1.97x | CN¥19.65 Million |
| 2015 | 13.49% | 9.59% | 0.99x | 1.42x | CN¥6.20 Million |
| 2016 | 19.69% | 17.15% | 0.98x | 1.17x | CN¥21.44 Million |
| 2017 | 8.72% | 14.90% | 0.53x | 1.10x | CN¥-5.65 Million |
| 2018 | 8.15% | 13.62% | 0.54x | 1.12x | CN¥-8.63 Million |
| 2019 | 10.72% | 15.79% | 0.61x | 1.12x | CN¥3.71 Million |
| 2020 | 9.65% | 15.22% | 0.57x | 1.12x | CN¥-1.95 Million |
| 2021 | 6.02% | 12.46% | 0.44x | 1.11x | CN¥-33.29 Million |
| 2022 | 6.01% | 12.81% | 0.42x | 1.13x | CN¥-34.35 Million |
| 2023 | 5.48% | 12.93% | 0.36x | 1.17x | CN¥-40.08 Million |
| 2024 | 3.15% | 8.56% | 0.32x | 1.15x | CN¥-60.15 Million |
Industry Comparison
This section compares Hangzhou Huning Elevator Parts Co Ltd's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $1,242,592,243
- Average return on equity (ROE) among peers: 0.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hangzhou Huning Elevator Parts Co Ltd (300669) | CN¥874.04 Million | 31.59% | 0.14x | $409.29 Million |
| Huayi Compressor Co Ltd (000404) | $83.42 Million | 0.00% | 1.93x | $437.73 Million |
| Shenyang Machine Tool Co Ltd (000410) | $973.75 Million | 2.65% | 2.70x | $1.49 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $351.55 Million | 1.05% | 0.46x | $1.93 Billion |
| Changchai Co Ltd (000570) | $1.42 Billion | 15.77% | 1.09x | $381.98 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $654.39 Million | 0.62% | 0.63x | $25.43 Million |
| Baota Industry Co Ltd (000595) | $374.06 Million | -44.66% | 1.53x | $540.37 Million |
| SUFA Technology Industry Co Ltd CNNC (000777) | $2.16 Billion | 10.62% | 0.70x | $970.60 Million |
| J.S. Corrugating Machinery Co Ltd (000821) | $1.86 Billion | 4.58% | 0.58x | $763.60 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $316.88 Million | 9.87% | 0.41x | $876.35 Million |
| Ning Xia Yin Xing Energy Co Ltd (000862) | $4.23 Billion | 3.79% | 1.25x | $459.10 Million |