Huali Industrial Group Company Limited (300979) - Net Assets
Based on the latest financial reports, Huali Industrial Group Company Limited (300979) has net assets worth CN¥15.60 Billion CNY (≈ $2.28 Billion 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¥23.54 Billion ≈ $3.45 Billion USD) and total liabilities (CN¥7.95 Billion ≈ $1.16 Billion 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 300979 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥15.60 Billion |
| % of Total Assets | 66.24% |
| Annual Growth Rate | 24.13% |
| 5-Year Change | 203.81% |
| 10-Year Change | N/A |
| Growth Volatility | 70.48 |
Huali Industrial Group Company Limited - Net Assets Trend (2017–2024)
This chart illustrates how Huali Industrial Group Company Limited's net assets have evolved over time, based on quarterly financial data. Also explore 300979 current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Huali Industrial Group Company Limited (2017–2024)
The table below shows the annual net assets of Huali Industrial Group Company Limited from 2017 to 2024. For live valuation and market cap data, see Huali Industrial Group Company Limited market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥17.44 Billion ≈ $2.55 Billion |
+15.39% |
| 2023-12-31 | CN¥15.12 Billion ≈ $2.21 Billion |
+14.56% |
| 2022-12-31 | CN¥13.20 Billion ≈ $1.93 Billion |
+20.76% |
| 2021-12-31 | CN¥10.93 Billion ≈ $1.60 Billion |
+90.32% |
| 2020-12-31 | CN¥5.74 Billion ≈ $840.15 Million |
+37.74% |
| 2019-12-31 | CN¥4.17 Billion ≈ $609.95 Million |
+182.62% |
| 2018-12-31 | CN¥1.47 Billion ≈ $215.82 Million |
-61.61% |
| 2017-12-31 | CN¥3.84 Billion ≈ $562.19 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Huali Industrial Group Company Limited'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 513.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥10.43 Billion | 59.86% |
| Common Stock | CN¥1.17 Billion | 6.69% |
| Other Comprehensive Income | CN¥1.36 Billion | 7.82% |
| Other Components | CN¥4.47 Billion | 25.63% |
| Total Equity | CN¥17.43 Billion | 100.00% |
Huali Industrial Group Company Limited Competitors by Market Cap
The table below lists competitors of Huali Industrial Group Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Technology One Ltd
AU:TNE
|
$6.48 Billion |
|
Porto Seguro S.A
SA:PSSA3
|
$6.49 Billion |
|
FRAPORT AG ADR 2/1 O.N.
F:FRAS
|
$6.49 Billion |
|
Covivio SA
PA:COV
|
$6.50 Billion |
|
Tsingtao Brewery Co Ltd
SHG:600600
|
$6.48 Billion |
|
Fraport AG
XETRA:FRA
|
$6.48 Billion |
|
Haohua Chemical Science & Technology Corp Ltd
SHG:600378
|
$6.48 Billion |
|
Halyk Bank of Kazakhstan Joint Stock Company
IL:HSBK
|
$6.48 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Huali Industrial Group Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 15,109,006,673 to 17,431,850,169, a change of 2,322,843,496 (15.4%).
- Net income of 3,840,329,036 contributed positively to equity growth.
- Dividend payments of 1,427,021,104 reduced retained earnings.
- Other comprehensive income decreased equity by 117,085,542.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥3.84 Billion | +22.03% |
| Dividends Paid | CN¥1.43 Billion | -8.19% |
| Other Comprehensive Income | CN¥-117.09 Million | -0.67% |
| Other Changes | CN¥26.62 Million | +0.15% |
| Total Change | CN¥- | 15.37% |
Book Value vs Market Value Analysis
This analysis compares Huali Industrial Group Company Limited'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: 2.54x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.39x to 2.54x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥98.08 | CN¥37.96 | x |
| 2018-12-31 | CN¥38.22 | CN¥37.96 | x |
| 2019-12-31 | CN¥7.83 | CN¥37.96 | x |
| 2020-12-31 | CN¥4.92 | CN¥37.96 | x |
| 2021-12-31 | CN¥9.36 | CN¥37.96 | x |
| 2022-12-31 | CN¥11.31 | CN¥37.96 | x |
| 2023-12-31 | CN¥12.94 | CN¥37.96 | x |
| 2024-12-31 | CN¥14.94 | CN¥37.96 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Huali Industrial Group Company Limited 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): 22.03%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.00%
- • Asset Turnover: 1.05x
- • Equity Multiplier: 1.31x
- Recent ROE (22.03%) is below the historical average (37.83%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 29.32% | 11.09% | 1.45x | 1.82x | CN¥731.19 Million |
| 2018 | 103.91% | 12.37% | 1.63x | 5.14x | CN¥1.38 Billion |
| 2019 | 43.69% | 12.01% | 1.58x | 2.31x | CN¥1.40 Billion |
| 2020 | 32.72% | 13.48% | 1.43x | 1.70x | CN¥1.30 Billion |
| 2021 | 25.33% | 15.84% | 1.08x | 1.48x | CN¥1.68 Billion |
| 2022 | 24.46% | 15.69% | 1.20x | 1.30x | CN¥1.91 Billion |
| 2023 | 21.18% | 15.91% | 1.03x | 1.29x | CN¥1.69 Billion |
| 2024 | 22.03% | 16.00% | 1.05x | 1.31x | CN¥2.10 Billion |
Industry Comparison
This section compares Huali Industrial Group Company Limited's net assets metrics with peer companies in the Footwear & Accessories industry.
Industry Context
- Industry: Footwear & Accessories
- Average net assets among peers: $622,726,563
- Average return on equity (ROE) among peers: 23.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Huali Industrial Group Company Limited (300979) | CN¥15.60 Billion | 29.32% | 0.51x | $6.48 Billion |
| Wuxi Double Elephant Micro Fibre Material Co Ltd (002395) | $868.21 Million | 0.92% | 0.32x | $790.84 Million |
| Anhui ANLI Artificial Leather (300218) | $1.14 Billion | 6.21% | 0.79x | $485.17 Million |
| Shandong Tongda Island New Materials Co Ltd (300321) | $650.46 Million | 6.07% | 0.17x | $570.71 Million |
| Anhui Korrun Co Ltd (300577) | $111.60 Million | 20.42% | 1.59x | $750.34 Million |
| Guangdong Wanlima Industry Co Ltd (300591) | $603.38 Million | 3.98% | 1.11x | $498.05 Million |
| Zhejiang Zoenn Design Co Ltd (300901) | $82.36 Million | 64.79% | 1.00x | $640.93 Million |
| Zhejiang Aokang Shoes Co Ltd (603001) | $290.65 Million | 72.09% | 3.90x | $574.44 Million |
| Zhejiang Red Dragonfly Footwear Co Ltd (603116) | $1.16 Billion | 25.64% | 1.18x | $639.96 Million |
| Topscore Fashion (603608) | $697.19 Million | 14.92% | 0.88x | $840.20 Million |
About Huali Industrial Group Company Limited
Huali Industrial Group Company Limited engages in the design, development, production, and sale of sports shoes in China and internationally. It offers sports casual shoes, outdoor boots, and sports sandals/slippers for running, walking, cross-country, hiking, basketball, skateboarding, snowboarding, mass sports, daily commuting, and other sports, as well as for daily commuting, fashion wear, and… Read more