HAXC Holdings (Beijing) Co. Ltd.
HAXC Holdings (Beijing) Co., Ltd. manufactures and sells automotive cockpit electronics. The company is involved in customization and selection of core display devices, software system development, and sales of supporting devices for automotive central control and LCD instrumentation; and design of human-computer interaction, and user interaction/interface, in-vehicle Ethernet system, and other s… Read more
HAXC Holdings (Beijing) Co. Ltd. (300928) - Net Assets
Latest net assets as of June 2025: CN¥1.13 Billion CNY
Based on the latest financial reports, HAXC Holdings (Beijing) Co. Ltd. (300928) has net assets worth CN¥1.13 Billion CNY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.32 Billion) and total liabilities (CN¥186.17 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¥1.13 Billion |
| % of Total Assets | 85.9% |
| Annual Growth Rate | 16.96% |
| 5-Year Change | -6.19% |
| 10-Year Change | N/A |
| Growth Volatility | 54.08 |
HAXC Holdings (Beijing) Co. Ltd. - Net Assets Trend (2019–2024)
This chart illustrates how HAXC Holdings (Beijing) 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 HAXC Holdings (Beijing) Co. Ltd. (2019–2024)
The table below shows the annual net assets of HAXC Holdings (Beijing) Co. Ltd. from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.17 Billion | -6.54% |
| 2023-12-31 | CN¥1.25 Billion | -4.00% |
| 2022-12-31 | CN¥1.30 Billion | +3.24% |
| 2021-12-31 | CN¥1.26 Billion | +1.27% |
| 2020-12-31 | CN¥1.24 Billion | +133.42% |
| 2019-12-31 | CN¥533.31 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to HAXC Holdings (Beijing) 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 decreased by 38.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥86.43 Million | 7.50% |
| Other Components | CN¥1.07 Billion | 92.50% |
| Total Equity | CN¥1.15 Billion | 100.00% |
HAXC Holdings (Beijing) Co. Ltd. Competitors by Market Cap
The table below lists competitors of HAXC Holdings (Beijing) Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
WESTERN NEW ENGL. (NEW)
F:489
|
$184.57 Million |
|
Hanjia Design Croup Co Ltd Class A
SHE:300746
|
$184.63 Million |
|
REGIONAL MAN.CORP.DL -10
F:46F
|
$184.68 Million |
|
KS Terminals Inc
TW:3003
|
$184.72 Million |
|
Jiangsu Tianmu Lake Tourism Co Ltd
SHG:603136
|
$184.55 Million |
|
Ultra Jaya Milk Industry Tbk
JK:ULTJ
|
$184.55 Million |
|
460930
KQ:460930
|
$184.51 Million |
|
Even Construtora e Incorporadora S.A
SA:EVEN3
|
$184.49 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HAXC Holdings (Beijing) Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,240,942,390 to 1,152,768,830, a change of -88,173,560 (-7.1%).
- Net loss of 76,057,368 reduced equity.
- Dividend payments of 12,315,382 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-76.06 Million | -6.6% |
| Dividends Paid | CN¥12.32 Million | -1.07% |
| Other Changes | CN¥199.19K | +0.02% |
| Total Change | CN¥- | -7.11% |
Book Value vs Market Value Analysis
This analysis compares HAXC Holdings (Beijing) 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: 2.25x
- 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 3.69x to 2.25x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | CN¥8.79 | CN¥32.46 | x |
| 2020-12-31 | CN¥15.47 | CN¥32.46 | x |
| 2021-12-31 | CN¥15.76 | CN¥32.46 | x |
| 2022-12-31 | CN¥16.20 | CN¥32.46 | x |
| 2023-12-31 | CN¥15.51 | CN¥32.46 | x |
| 2024-12-31 | CN¥14.41 | CN¥32.46 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HAXC Holdings (Beijing) 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): -6.60%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7.35%
- • Asset Turnover: 0.77x
- • Equity Multiplier: 1.17x
- Recent ROE (-6.60%) is below the historical average (3.22%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 15.54% | 9.57% | 1.33x | 1.22x | CN¥29.20 Million |
| 2020 | 5.69% | 7.81% | 0.61x | 1.19x | CN¥-53.32 Million |
| 2021 | 4.33% | 7.53% | 0.55x | 1.05x | CN¥-71.51 Million |
| 2022 | 3.59% | 5.23% | 0.66x | 1.05x | CN¥-83.02 Million |
| 2023 | -3.26% | -4.21% | 0.72x | 1.07x | CN¥-164.53 Million |
| 2024 | -6.60% | -7.35% | 0.77x | 1.17x | CN¥-191.33 Million |
Industry Comparison
This section compares HAXC Holdings (Beijing) Co. Ltd.'s net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $2,572,980,621
- Average return on equity (ROE) among peers: 8.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| HAXC Holdings (Beijing) Co. Ltd. (300928) | CN¥1.13 Billion | 15.54% | 0.16x | $184.56 Million |
| Wanxiang Qianchao Co Ltd (000559) | $2.25 Billion | 8.11% | 1.30x | $2.51 Billion |
| Weifu High-Technology Group Co Ltd (000581) | $15.35 Billion | 16.75% | 0.32x | $1.90 Billion |
| Gui Zhou Tyre Co Ltd (000589) | $840.45 Million | 2.86% | 1.85x | $805.35 Million |
| Qingdao Doublestar Co Ltd (000599) | $772.99 Million | 6.94% | 1.69x | $447.80 Million |
| Hengli Industrial Development Group Co Ltd (000622) | $169.93 Million | 0.00% | 0.80x | $7.81 Million |
| Xiangyang Automobile Bearing Co Ltd (000678) | $926.07 Million | -5.80% | 1.58x | $632.55 Million |
| Jiangnan Mould & Plastic Technology Co Ltd (000700) | $415.84 Million | 7.91% | 0.51x | $929.41 Million |
| Sichuan Haowu Electromechanical Co Ltd (000757) | $97.36 Million | 31.38% | 1.32x | $230.79 Million |
| Anhui Zhongding Sealing Parts Co Ltd (000887) | $598.28 Million | 10.29% | 1.20x | $2.06 Billion |
| Aerospace Hi-Tech Holding Group Co Ltd (000901) | $4.31 Billion | 3.73% | 0.63x | $1.62 Billion |