Hengerda New Materials (Fujian) Co. Ltd.
Hengerda New Materials (Fujian) Co., Ltd. engages in the research and development, production, and sale of metal cutting tools, intelligent numerical control equipment, and high precision rolling functional components in China and internationally. It offers die cutting tools, including rule die steel and steel rules; sawing tools comprising bi-metal, carbide, and wood working band saw blades; and… Read more
Hengerda New Materials (Fujian) Co. Ltd. (300946) - Net Assets
Latest net assets as of June 2025: CN¥1.21 Billion CNY
Based on the latest financial reports, Hengerda New Materials (Fujian) Co. Ltd. (300946) has net assets worth CN¥1.21 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¥1.65 Billion) and total liabilities (CN¥436.68 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¥1.21 Billion |
| % of Total Assets | 73.46% |
| Annual Growth Rate | 25.38% |
| 5-Year Change | 149.11% |
| 10-Year Change | N/A |
| Growth Volatility | 40.25 |
Hengerda New Materials (Fujian) Co. Ltd. - Net Assets Trend (2019–2024)
This chart illustrates how Hengerda New Materials (Fujian) 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 Hengerda New Materials (Fujian) Co. Ltd. (2019–2024)
The table below shows the annual net assets of Hengerda New Materials (Fujian) Co. Ltd. from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.18 Billion | +5.32% |
| 2023-12-31 | CN¥1.12 Billion | +5.65% |
| 2022-12-31 | CN¥1.06 Billion | +6.83% |
| 2021-12-31 | CN¥993.15 Million | +109.56% |
| 2020-12-31 | CN¥473.92 Million | +24.43% |
| 2019-12-31 | CN¥380.88 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hengerda New Materials (Fujian) 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 326.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥407.54 Million | 34.54% |
| Other Components | CN¥772.25 Million | 65.46% |
| Total Equity | CN¥1.18 Billion | 100.00% |
Hengerda New Materials (Fujian) Co. Ltd. Competitors by Market Cap
The table below lists competitors of Hengerda New Materials (Fujian) Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zhuhai Rundu Pharmaceutical Co Ltd Class A
SHE:002923
|
$264.01 Million |
|
US Century Bank
NASDAQ:USCB
|
$264.06 Million |
|
Moso Power Supply Technology Co Ltd
SHE:002660
|
$264.10 Million |
|
Guangdong Huiyun Titanium Industry
SHE:300891
|
$264.10 Million |
|
CLS Holdings plc
PINK:CLIHF
|
$263.93 Million |
|
PT Hanjaya Mandala Sampoerna Tbk
PINK:PHJMF
|
$263.84 Million |
|
Firstrand Ltd
JSE:FSR
|
$263.83 Million |
|
Delpha Construction Co Ltd
TW:2530
|
$263.82 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hengerda New Materials (Fujian) Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,120,076,161 to 1,179,787,118, a change of 59,710,957 (5.3%).
- Net income of 87,312,337 contributed positively to equity growth.
- Dividend payments of 30,554,017 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥87.31 Million | +7.4% |
| Dividends Paid | CN¥30.55 Million | -2.59% |
| Other Changes | CN¥2.95 Million | +0.25% |
| Total Change | CN¥- | 5.33% |
Book Value vs Market Value Analysis
This analysis compares Hengerda New Materials (Fujian) 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: 4.79x
- 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 11.13x to 4.79x 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¥4.23 | CN¥47.10 | x |
| 2020-12-31 | CN¥5.27 | CN¥47.10 | x |
| 2021-12-31 | CN¥6.37 | CN¥47.10 | x |
| 2022-12-31 | CN¥6.80 | CN¥47.10 | x |
| 2023-12-31 | CN¥7.18 | CN¥47.10 | x |
| 2024-12-31 | CN¥9.83 | CN¥47.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hengerda New Materials (Fujian) 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): 7.40%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.92%
- • Asset Turnover: 0.39x
- • Equity Multiplier: 1.26x
- Recent ROE (7.40%) is below the historical average (12.26%), 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 | 18.91% | 19.11% | 0.74x | 1.34x | CN¥33.92 Million |
| 2020 | 19.63% | 24.46% | 0.61x | 1.31x | CN¥45.65 Million |
| 2021 | 10.84% | 23.65% | 0.40x | 1.16x | CN¥8.39 Million |
| 2022 | 8.98% | 19.72% | 0.39x | 1.16x | CN¥-10.80 Million |
| 2023 | 7.79% | 16.09% | 0.37x | 1.30x | CN¥-24.72 Million |
| 2024 | 7.40% | 14.92% | 0.39x | 1.26x | CN¥-30.67 Million |
Industry Comparison
This section compares Hengerda New Materials (Fujian) Co. Ltd.'s net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $1,244,978,643
- Average return on equity (ROE) among peers: 9.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hengerda New Materials (Fujian) Co. Ltd. (300946) | CN¥1.21 Billion | 18.91% | 0.36x | $264.00 Million |
| Xinjiang Hejin Holding Co Ltd (000633) | $64.30 Million | 0.00% | 1.02x | $276.51 Million |
| Chongqing Changjiang River Moulding Material (Group) Co. Ltd. (001296) | $563.95 Million | 12.68% | 0.31x | $177.83 Million |
| Winstech Precision Hldg Co (001319) | $1.31 Billion | 8.55% | 0.30x | $167.74 Million |
| Guangdong Jingyi Metal Co Ltd (002295) | $785.40 Million | -7.13% | 0.66x | $373.68 Million |
| Shanghai Xinpeng Industry Co Ltd (002328) | $2.40 Billion | 2.65% | 0.12x | $461.37 Million |
| Beijing Lier High Temperature Materials Co Ltd (002392) | $4.13 Billion | 10.98% | 0.50x | $722.14 Million |
| Suzhou Victory Precision Manufacture Co Ltd (002426) | $245.28 Million | 58.16% | 1.15x | $1.78 Billion |
| Dajin Heavy Industry Corp (002487) | $1.51 Billion | 2.42% | 0.28x | $3.72 Billion |
| Jiangsu Boamax Technologies Group Co Ltd (002514) | $966.88 Million | 1.75% | 0.27x | $292.45 Million |
| Guangzheng Group Co Ltd (002524) | $467.88 Million | 4.77% | 0.48x | $226.79 Million |