Hiecise Precision Equipment Co Ltd
Hiecise Precision Equipment Co.,Ltd. engages in the research and development, manufacture, sale, and support of roll grinders in China and internationally. It offers roll and cylindrical grinders for applications steel industry, nonferrous metal, papermaking, light skill textile, and equipment manufacturing industries. The company was founded in 2007 and is based in Kunshan, China.
Hiecise Precision Equipment Co Ltd (300809) - Net Assets
Latest net assets as of September 2025: CN¥1.65 Billion CNY
Based on the latest financial reports, Hiecise Precision Equipment Co Ltd (300809) has net assets worth CN¥1.65 Billion 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¥2.22 Billion) and total liabilities (CN¥570.43 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¥1.65 Billion |
| % of Total Assets | 74.29% |
| Annual Growth Rate | 10.82% |
| 5-Year Change | 15.41% |
| 10-Year Change | N/A |
| Growth Volatility | 49.26 |
Hiecise Precision Equipment Co Ltd - Net Assets Trend (2015–2024)
This chart illustrates how Hiecise Precision Equipment 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 Hiecise Precision Equipment Co Ltd (2015–2024)
The table below shows the annual net assets of Hiecise Precision Equipment Co Ltd from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.61 Billion | +2.61% |
| 2023-12-31 | CN¥1.57 Billion | +5.74% |
| 2022-12-31 | CN¥1.48 Billion | +2.21% |
| 2021-12-31 | CN¥1.45 Billion | +4.06% |
| 2020-12-31 | CN¥1.39 Billion | +0.32% |
| 2019-12-31 | CN¥1.39 Billion | +150.52% |
| 2018-12-31 | CN¥553.98 Million | +32.86% |
| 2017-12-31 | CN¥416.98 Million | -6.15% |
| 2016-12-31 | CN¥444.28 Million | -30.28% |
| 2015-12-31 | CN¥637.26 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hiecise Precision Equipment 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 18.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥429.07 Million | 26.70% |
| Common Stock | CN¥253.54 Million | 15.78% |
| Other Comprehensive Income | CN¥101.18 Million | 6.30% |
| Other Components | CN¥822.93 Million | 51.22% |
| Total Equity | CN¥1.61 Billion | 100.00% |
Hiecise Precision Equipment Co Ltd Competitors by Market Cap
The table below lists competitors of Hiecise Precision Equipment Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ICHOR HLDGS LTD DL-0001
F:4IH
|
$423.53 Million |
|
Beken Corp
SHG:603068
|
$423.58 Million |
|
Guangxi Wuzhou Communications Co Ltd
SHG:600368
|
$423.86 Million |
|
Jilin Gpro Titanium Industry Co Ltd
SHE:000545
|
$423.89 Million |
|
Regencell Bioscience Holdings Ltd
NASDAQ:RGC
|
$423.44 Million |
|
Vina Concha To
SN:CONCHATORO
|
$423.33 Million |
|
DYNAGREEN EN.PR.GR.H YC 1
F:DYN
|
$423.31 Million |
|
Intracom Constructions Societe Anonyme Technical and Steel Constructions
AT:INKAT
|
$423.20 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hiecise Precision Equipment Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,563,920,012 to 1,606,720,368, a change of 42,800,356 (2.7%).
- Net income of 61,980,628 contributed positively to equity growth.
- Dividend payments of 30,273,343 reduced retained earnings.
- Other comprehensive income increased equity by 99,594,164.
- Other factors decreased equity by 88,501,093.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥61.98 Million | +3.86% |
| Dividends Paid | CN¥30.27 Million | -1.88% |
| Other Comprehensive Income | CN¥99.59 Million | +6.2% |
| Other Changes | CN¥-88.50 Million | -5.51% |
| Total Change | CN¥- | 2.74% |
Book Value vs Market Value Analysis
This analysis compares Hiecise Precision Equipment 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: 5.48x
- 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 18.73x to 5.48x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | CN¥1.82 | CN¥34.08 | x |
| 2016-12-31 | CN¥1.77 | CN¥34.08 | x |
| 2017-12-31 | CN¥2.36 | CN¥34.08 | x |
| 2018-12-31 | CN¥2.93 | CN¥34.08 | x |
| 2019-12-31 | CN¥5.52 | CN¥34.08 | x |
| 2020-12-31 | CN¥5.54 | CN¥34.08 | x |
| 2021-12-31 | CN¥5.75 | CN¥34.08 | x |
| 2022-12-31 | CN¥5.82 | CN¥34.08 | x |
| 2023-12-31 | CN¥6.24 | CN¥34.08 | x |
| 2024-12-31 | CN¥6.22 | CN¥34.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hiecise Precision Equipment 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): 3.86%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.90%
- • Asset Turnover: 0.21x
- • Equity Multiplier: 1.32x
- Recent ROE (3.86%) is below the historical average (8.97%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 9.39% | 27.14% | 0.24x | 1.42x | CN¥-3.56 Million |
| 2016 | 9.65% | 21.13% | 0.32x | 1.44x | CN¥-1.57 Million |
| 2017 | 13.22% | 21.85% | 0.34x | 1.77x | CN¥13.34 Million |
| 2018 | 24.92% | 34.29% | 0.46x | 1.58x | CN¥82.43 Million |
| 2019 | 10.19% | 33.26% | 0.25x | 1.21x | CN¥2.70 Million |
| 2020 | 2.41% | 14.54% | 0.12x | 1.35x | CN¥-105.59 Million |
| 2021 | 5.30% | 18.70% | 0.22x | 1.31x | CN¥-67.78 Million |
| 2022 | 3.22% | 14.04% | 0.16x | 1.41x | CN¥-99.59 Million |
| 2023 | 7.53% | 24.57% | 0.23x | 1.33x | CN¥-38.64 Million |
| 2024 | 3.86% | 13.90% | 0.21x | 1.32x | CN¥-98.69 Million |
Industry Comparison
This section compares Hiecise Precision Equipment 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 |
|---|---|---|---|---|
| Hiecise Precision Equipment Co Ltd (300809) | CN¥1.65 Billion | 9.39% | 0.35x | $423.53 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 |