HAXC Holdings (Beijing) Co. Ltd. (300928) - Net Assets
Based on the latest financial reports, HAXC Holdings (Beijing) Co. Ltd. (300928) has net assets worth CN¥1.03 Billion CNY (≈ $151.16 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.18 Billion ≈ $172.34 Million USD) and total liabilities (CN¥144.77 Million ≈ $21.18 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. Also explore 300928 total asset value for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.03 Billion |
| % of Total Assets | 87.71% |
| Annual Growth Rate | 11.94% |
| 5-Year Change | -16.75% |
| 10-Year Change | N/A |
| Growth Volatility | 51.12 |
HAXC Holdings (Beijing) Co. Ltd. - Net Assets Trend (2019–2025)
This chart illustrates how HAXC Holdings (Beijing) Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. Check HAXC Holdings (Beijing) Co. Ltd. (300928) tangible net worth to evaluate the tangible quality of the company's equity base.
Annual Net Assets for HAXC Holdings (Beijing) Co. Ltd. (2019–2025)
The table below shows the annual net assets of HAXC Holdings (Beijing) Co. Ltd. from 2019 to 2025. For live valuation and market cap data, see HAXC Holdings (Beijing) Co. Ltd. (300928) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.05 Billion ≈ $153.57 Million |
-10.13% |
| 2024-12-31 | CN¥1.17 Billion ≈ $170.87 Million |
-6.54% |
| 2023-12-31 | CN¥1.25 Billion ≈ $182.84 Million |
-4.00% |
| 2022-12-31 | CN¥1.30 Billion ≈ $190.45 Million |
+3.24% |
| 2021-12-31 | CN¥1.26 Billion ≈ $184.47 Million |
+1.27% |
| 2020-12-31 | CN¥1.24 Billion ≈ $182.16 Million |
+133.42% |
| 2019-12-31 | CN¥533.31 Million ≈ $78.04 Million |
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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 125.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥1.07 Billion | 103.42% |
| Total Equity | CN¥1.03 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 |
|---|---|
|
Rishabh Instruments Limited
NSE:RISHABH
|
$272.09 Million |
|
Jiangsu Holly Corp
SHG:600128
|
$272.18 Million |
|
Valid Soluções S.A
SA:VLID3
|
$272.21 Million |
|
Talon Metals Corp
F:TAO
|
$272.24 Million |
|
Egetis Therapeutics AB (publ)
ST:EGTX
|
$272.02 Million |
|
Neosem Inc
KQ:253590
|
$271.93 Million |
|
Pix Transmissions Limited
NSE:PIXTRANS
|
$271.91 Million |
|
Rane Holdings Limited
NSE:RANEHOLDIN
|
$271.90 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 2024 to 2025, total equity changed from 1,152,768,830 to 1,030,142,309, a change of -122,626,522 (-10.6%).
- Net loss of 121,627,745 reduced equity.
- Dividend payments of 1,758,937 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-121.63 Million | -11.81% |
| Dividends Paid | CN¥1.76 Million | -0.17% |
| Other Changes | CN¥760.16K | +0.07% |
| Total Change | CN¥- | -10.64% |
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: 1.80x
- 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 2.64x to 1.80x 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¥23.24 | x |
| 2020-12-31 | CN¥15.47 | CN¥23.24 | x |
| 2021-12-31 | CN¥15.76 | CN¥23.24 | x |
| 2022-12-31 | CN¥16.20 | CN¥23.24 | x |
| 2023-12-31 | CN¥15.51 | CN¥23.24 | x |
| 2024-12-31 | CN¥14.41 | CN¥23.24 | x |
| 2025-12-31 | CN¥12.88 | CN¥23.24 | 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): -11.81%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -13.44%
- • Asset Turnover: 0.74x
- • Equity Multiplier: 1.19x
- Recent ROE (-11.81%) is below the historical average (1.07%), 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 |
| 2025 | -11.81% | -13.44% | 0.74x | 1.19x | CN¥-224.64 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: $2,362,600,779
- Average return on equity (ROE) among peers: 5.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| HAXC Holdings (Beijing) Co. Ltd. (300928) | CN¥1.03 Billion | 15.54% | 0.14x | $272.06 Million |
| FAWER Automotive Parts Ltd Co (000030) | $-1.52 Billion | 0.00% | 0.00x | $1.03 Billion |
| Wanxiang Qianchao Co Ltd (000559) | $9.35 Billion | 10.17% | 1.39x | $5.17 Billion |
| Weifu High-Technology Group Co Ltd (000581) | $8.96 Billion | 9.92% | 0.23x | $1.98 Billion |
| Gui Zhou Tyre Co Ltd (000589) | $36.86 Million | 0.00% | 2.57x | $969.11 Million |
| Qingdao Doublestar Co Ltd (000599) | $2.50 Billion | 2.32% | 1.02x | $1.46 Billion |
| Hengli Industrial Development Group Co Ltd (000622) | $201.35 Million | -6.58% | 0.62x | $9.33 Million |
| Xiangyang Automobile Bearing Co Ltd (000678) | $1.26 Billion | -4.75% | 1.19x | $521.23 Million |
| Jiangnan Mould & Plastic Technology Co Ltd (000700) | $941.64 Million | 8.22% | 0.72x | $1.53 Billion |
| Sichuan Haowu Electromechanical Co Ltd (000757) | $1.79 Billion | 4.84% | 0.58x | $263.48 Million |
| Anhui Zhongding Sealing Parts Co Ltd (000887) | $104.29 Million | 30.51% | 2.23x | $3.34 Billion |
About 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