Zhuzhou Hongda Electronics Corp Ltd Class A (300726) - Net Assets
Based on the latest financial reports, Zhuzhou Hongda Electronics Corp Ltd Class A (300726) has net assets worth CN¥5.39 Billion CNY (≈ $789.45 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¥6.10 Billion ≈ $892.68 Million USD) and total liabilities (CN¥705.47 Million ≈ $103.23 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 Zhuzhou Hongda Electronics Corp Ltd Clas liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥5.39 Billion |
| % of Total Assets | 88.44% |
| Annual Growth Rate | 27.61% |
| 5-Year Change | 137.47% |
| 10-Year Change | 808.74% |
| Growth Volatility | 25.25 |
Zhuzhou Hongda Electronics Corp Ltd Class A - Net Assets Trend (2013–2024)
This chart illustrates how Zhuzhou Hongda Electronics Corp Ltd Class A's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Zhuzhou Hongda Electronics Corp Ltd Clas for the complete picture of this company's asset base.
Annual Net Assets for Zhuzhou Hongda Electronics Corp Ltd Class A (2013–2024)
The table below shows the annual net assets of Zhuzhou Hongda Electronics Corp Ltd Class A from 2013 to 2024. For live valuation and market cap data, see market value of Zhuzhou Hongda Electronics Corp Ltd Clas.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥5.23 Billion ≈ $765.97 Million |
+3.73% |
| 2023-12-31 | CN¥5.05 Billion ≈ $738.42 Million |
+7.24% |
| 2022-12-31 | CN¥4.71 Billion ≈ $688.53 Million |
+17.01% |
| 2021-12-31 | CN¥4.02 Billion ≈ $588.44 Million |
+82.43% |
| 2020-12-31 | CN¥2.20 Billion ≈ $322.56 Million |
+22.67% |
| 2019-12-31 | CN¥1.80 Billion ≈ $262.96 Million |
+13.60% |
| 2018-12-31 | CN¥1.58 Billion ≈ $231.48 Million |
+13.16% |
| 2017-12-31 | CN¥1.40 Billion ≈ $204.56 Million |
+67.73% |
| 2016-12-31 | CN¥833.44 Million ≈ $121.96 Million |
+44.69% |
| 2015-12-31 | CN¥576.02 Million ≈ $84.29 Million |
+10.25% |
| 2014-12-31 | CN¥522.44 Million ≈ $76.45 Million |
+45.90% |
| 2013-12-31 | CN¥358.08 Million ≈ $52.40 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Zhuzhou Hongda Electronics Corp Ltd Class A'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 989.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.46 Billion | 49.92% |
| Common Stock | CN¥411.84 Million | 8.36% |
| Other Comprehensive Income | CN¥429.61 Million | 8.72% |
| Other Components | CN¥1.63 Billion | 33.00% |
| Total Equity | CN¥4.92 Billion | 100.00% |
Zhuzhou Hongda Electronics Corp Ltd Class A Competitors by Market Cap
The table below lists competitors of Zhuzhou Hongda Electronics Corp Ltd Class A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hand Enterprise Solutions Co
SHE:300170
|
$2.96 Billion |
|
Applied Opt
NASDAQ:AAOI
|
$2.97 Billion |
|
Honeywell Automation India Limited
NSE:HONAUT
|
$2.97 Billion |
|
Shanxi Securities Co Ltd
SHE:002500
|
$2.97 Billion |
|
Hercules Capital Inc
NYSE:HTGC
|
$2.96 Billion |
|
Solvay SA
BR:SOLB
|
$2.96 Billion |
|
Patrick Industries Inc
NASDAQ:PATK
|
$2.96 Billion |
|
Risen Energy
SHE:300118
|
$2.96 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhuzhou Hongda Electronics Corp Ltd Class A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,771,479,811 to 4,924,925,113, a change of 153,445,302 (3.2%).
- Net income of 279,239,214 contributed positively to equity growth.
- Dividend payments of 123,965,885 reduced retained earnings.
- Other comprehensive income increased equity by 429,614,984.
- Other factors decreased equity by 431,443,011.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥279.24 Million | +5.67% |
| Dividends Paid | CN¥123.97 Million | -2.52% |
| Other Comprehensive Income | CN¥429.61 Million | +8.72% |
| Other Changes | CN¥-431.44 Million | -8.76% |
| Total Change | CN¥- | 3.22% |
Book Value vs Market Value Analysis
This analysis compares Zhuzhou Hongda Electronics Corp Ltd Class A'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: 4.11x
- 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 8.16x to 4.11x 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¥6.02 | CN¥49.16 | x |
| 2014-12-31 | CN¥8.60 | CN¥49.16 | x |
| 2015-12-31 | CN¥1.72 | CN¥49.16 | x |
| 2016-12-31 | CN¥2.24 | CN¥49.16 | x |
| 2017-12-31 | CN¥3.77 | CN¥49.16 | x |
| 2018-12-31 | CN¥3.88 | CN¥49.16 | x |
| 2019-12-31 | CN¥4.39 | CN¥49.16 | x |
| 2020-12-31 | CN¥5.28 | CN¥49.16 | x |
| 2021-12-31 | CN¥9.38 | CN¥49.16 | x |
| 2022-12-31 | CN¥10.81 | CN¥49.16 | x |
| 2023-12-31 | CN¥11.59 | CN¥49.16 | x |
| 2024-12-31 | CN¥11.96 | CN¥49.16 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhuzhou Hongda Electronics Corp Ltd Class A 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): 5.67%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.61%
- • Asset Turnover: 0.27x
- • Equity Multiplier: 1.20x
- Recent ROE (5.67%) is below the historical average (17.69%), 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 | 22.30% | 37.55% | 0.48x | 1.24x | CN¥44.05 Million |
| 2014 | 27.70% | 42.98% | 0.53x | 1.21x | CN¥90.47 Million |
| 2015 | 13.62% | 19.00% | 0.58x | 1.23x | CN¥19.91 Million |
| 2016 | 24.35% | 43.75% | 0.49x | 1.13x | CN¥115.69 Million |
| 2017 | 14.58% | 38.11% | 0.35x | 1.08x | CN¥62.80 Million |
| 2018 | 14.36% | 35.04% | 0.38x | 1.08x | CN¥67.66 Million |
| 2019 | 16.69% | 34.71% | 0.43x | 1.12x | CN¥117.44 Million |
| 2020 | 22.89% | 34.53% | 0.47x | 1.40x | CN¥272.47 Million |
| 2021 | 21.13% | 40.80% | 0.41x | 1.27x | CN¥429.82 Million |
| 2022 | 19.12% | 39.46% | 0.37x | 1.29x | CN¥406.35 Million |
| 2023 | 9.89% | 27.65% | 0.30x | 1.21x | CN¥-5.41 Million |
| 2024 | 5.67% | 17.61% | 0.27x | 1.20x | CN¥-213.25 Million |
Industry Comparison
This section compares Zhuzhou Hongda Electronics Corp Ltd Class A's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $2,959,429,291
- Average return on equity (ROE) among peers: 10.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhuzhou Hongda Electronics Corp Ltd Class A (300726) | CN¥5.39 Billion | 22.30% | 0.13x | $2.96 Billion |
| Shenzhen Zhongheng Huafa Co Ltd Class A (000020) | $266.56 Million | 3.44% | 1.72x | $423.10 Million |
| Shenzhen Desay Battery Technology Co Ltd (000049) | $2.86 Billion | 17.55% | 2.07x | $1.63 Billion |
| Shenzhen Huakong Seg Co Ltd (000068) | $1.09 Billion | 2.98% | 1.57x | $483.17 Million |
| CPT Technology Group Co Ltd (000536) | $3.32 Billion | 10.43% | 0.37x | $1.59 Billion |
| Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) | $6.06 Billion | 5.92% | 0.45x | $4.25 Billion |
| Xiamen Xindeco Ltd (000701) | $217.53 Million | 0.00% | 0.71x | $586.43 Million |
| BOE Technology Group Co Ltd (000725) | $466.65 Million | 21.84% | 0.74x | $21.70 Billion |
| China Zhenhua Group Science & Technology Co Ltd (000733) | $9.75 Billion | 24.43% | 0.39x | $3.46 Billion |
| Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) | $4.17 Billion | 8.18% | 0.30x | $2.15 Billion |
| Guizhou Space Appliance Co Ltd (002025) | $1.38 Billion | 7.09% | 0.20x | $4.88 Billion |
About Zhuzhou Hongda Electronics Corp Ltd Class A
Zhuzhou Hongda Electronics Corp.,Ltd. engages in the research and development, manufacturing, sale, and servicing of electronic components and circuit modules in China. The company offers multilayer and single layer ceramic, polymer chip aluminum, tantalum, film, and super capacitors; inductors; magnetic beads; transformers; resistors; microwave device components; circulators and isolators; power… Read more