Guangzhou Haoyang Electronic Co Ltd (300833) - Net Assets
Based on the latest financial reports, Guangzhou Haoyang Electronic Co Ltd (300833) has net assets worth CN¥2.44 Billion CNY (≈ $357.16 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¥2.70 Billion ≈ $395.30 Million USD) and total liabilities (CN¥260.63 Million ≈ $38.14 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 Guangzhou Haoyang Electronic Co Ltd liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.44 Billion |
| % of Total Assets | 90.35% |
| Annual Growth Rate | 29.03% |
| 5-Year Change | 37.63% |
| 10-Year Change | N/A |
| Growth Volatility | 45.48 |
Guangzhou Haoyang Electronic Co Ltd - Net Assets Trend (2015–2024)
This chart illustrates how Guangzhou Haoyang Electronic Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 300833 total assets for the complete picture of this company's asset base.
Annual Net Assets for Guangzhou Haoyang Electronic Co Ltd (2015–2024)
The table below shows the annual net assets of Guangzhou Haoyang Electronic Co Ltd from 2015 to 2024. For live valuation and market cap data, see 300833 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.44 Billion ≈ $357.63 Million |
+3.84% |
| 2023-12-31 | CN¥2.35 Billion ≈ $344.39 Million |
+8.64% |
| 2022-12-31 | CN¥2.17 Billion ≈ $317.00 Million |
+15.61% |
| 2021-12-31 | CN¥1.87 Billion ≈ $274.20 Million |
+5.53% |
| 2020-12-31 | CN¥1.78 Billion ≈ $259.84 Million |
+158.45% |
| 2019-12-31 | CN¥687.06 Million ≈ $100.54 Million |
+40.82% |
| 2018-12-31 | CN¥487.92 Million ≈ $71.40 Million |
+31.17% |
| 2017-12-31 | CN¥371.98 Million ≈ $54.43 Million |
+14.80% |
| 2016-12-31 | CN¥324.03 Million ≈ $47.42 Million |
+31.46% |
| 2015-12-31 | CN¥246.49 Million ≈ $36.07 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Guangzhou Haoyang Electronic 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 679.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.14 Billion | 47.27% |
| Common Stock | CN¥126.49 Million | 5.22% |
| Other Comprehensive Income | CN¥58.63 Million | 2.42% |
| Other Components | CN¥1.09 Billion | 45.08% |
| Total Equity | CN¥2.42 Billion | 100.00% |
Guangzhou Haoyang Electronic Co Ltd Competitors by Market Cap
The table below lists competitors of Guangzhou Haoyang Electronic Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shandong Binzhou Bohai Piston Co Ltd
SHG:600960
|
$691.28 Million |
|
Jinxiandai Information Industry Co
SHE:300830
|
$691.29 Million |
|
Cannae Holdings Inc
NYSE:CNNE
|
$691.40 Million |
|
Max Estates Limited
NSE:MAXESTATES
|
$691.68 Million |
|
Shenzhen Bestek Technology Co Ltd
SHE:300822
|
$690.65 Million |
|
Independent Bank Corporation
NASDAQ:IBCP
|
$690.65 Million |
|
Lexicon Pharmaceuticals Inc
NASDAQ:LXRX
|
$690.60 Million |
|
Beijing Fengshangshiji Culture Medi
SHE:300860
|
$690.51 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Guangzhou Haoyang Electronic Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,331,828,556 to 2,420,980,223, a change of 89,151,667 (3.8%).
- Net income of 301,687,665 contributed positively to equity growth.
- Dividend payments of 202,384,800 reduced retained earnings.
- Other comprehensive income increased equity by 10,930,552.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥301.69 Million | +12.46% |
| Dividends Paid | CN¥202.38 Million | -8.36% |
| Other Comprehensive Income | CN¥10.93 Million | +0.45% |
| Other Changes | CN¥-21.08 Million | -0.87% |
| Total Change | CN¥- | 3.82% |
Book Value vs Market Value Analysis
This analysis compares Guangzhou Haoyang Electronic 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: 1.95x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 10.03x to 1.95x 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¥3.72 | CN¥37.32 | x |
| 2016-12-31 | CN¥4.96 | CN¥37.32 | x |
| 2017-12-31 | CN¥5.72 | CN¥37.32 | x |
| 2018-12-31 | CN¥7.45 | CN¥37.32 | x |
| 2019-12-31 | CN¥7.92 | CN¥37.32 | x |
| 2020-12-31 | CN¥20.84 | CN¥37.32 | x |
| 2021-12-31 | CN¥21.99 | CN¥37.32 | x |
| 2022-12-31 | CN¥25.44 | CN¥37.32 | x |
| 2023-12-31 | CN¥27.65 | CN¥37.32 | x |
| 2024-12-31 | CN¥19.14 | CN¥37.32 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Guangzhou Haoyang Electronic 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): 12.46%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 24.89%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 1.12x
- Recent ROE (12.46%) is below the historical average (18.11%), 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 | 27.80% | 14.66% | 1.22x | 1.55x | CN¥40.61 Million |
| 2016 | 28.22% | 16.98% | 1.11x | 1.50x | CN¥55.43 Million |
| 2017 | 14.52% | 9.00% | 1.10x | 1.46x | CN¥16.22 Million |
| 2018 | 24.04% | 16.53% | 1.06x | 1.38x | CN¥66.25 Million |
| 2019 | 29.39% | 23.22% | 1.07x | 1.18x | CN¥129.49 Million |
| 2020 | 5.01% | 22.05% | 0.22x | 1.05x | CN¥-87.64 Million |
| 2021 | 7.33% | 21.99% | 0.30x | 1.12x | CN¥-49.50 Million |
| 2022 | 16.60% | 29.13% | 0.50x | 1.14x | CN¥141.63 Million |
| 2023 | 15.70% | 28.06% | 0.50x | 1.12x | CN¥132.99 Million |
| 2024 | 12.46% | 24.89% | 0.45x | 1.12x | CN¥59.59 Million |
Industry Comparison
This section compares Guangzhou Haoyang Electronic Co Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $2,126,582,124
- Average return on equity (ROE) among peers: 8.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Guangzhou Haoyang Electronic Co Ltd (300833) | CN¥2.44 Billion | 27.80% | 0.11x | $690.78 Million |
| XJ Electric Co Ltd (000400) | $2.20 Billion | 5.89% | 1.09x | $3.75 Billion |
| Guangdong Macro Co Ltd (000533) | $874.93 Million | -1.17% | 1.71x | $1.28 Billion |
| Foshan Electrical and Lighting Co Ltd (000541) | $2.71 Billion | 7.84% | 0.11x | $1.02 Billion |
| Dongfang Electronics Co Ltd (000682) | $86.35 Million | 23.75% | 0.85x | $2.56 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.31 Billion | 8.55% | 0.86x | $834.77 Million |
| Huagong Tech Co Ltd (000988) | $1.22 Billion | 3.70% | 0.93x | $17.59 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.54 Billion | 5.61% | 1.58x | $1.79 Billion |
| Sieyuan Electric Co Ltd (002028) | $65.21 Million | 33.34% | 0.57x | $22.29 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $183.97 Million | -6.05% | 0.22x | $526.87 Million |
| Gotion High tech Co Ltd (002074) | $11.08 Billion | 1.35% | 1.51x | $9.75 Billion |
About Guangzhou Haoyang Electronic Co Ltd
Guangzhou Haoyang Electronic Co.,Ltd. engages research and development, production , and sales of stage entertainment lighting equipment worldwide. The company provides architectural lighting equipment, trusses. and other products. It also offers entertainment HID products, such as moving heads, platinum series, and accessories; entertainment LED products, comprising moving heads, theatre/film/st… Read more