Qingdao Hi-Tech Moulds & Plastics Technology Co. Ltd. (301022) - Net Assets
Based on the latest financial reports, Qingdao Hi-Tech Moulds & Plastics Technology Co. Ltd. (301022) has net assets worth CN¥1.40 Billion CNY (≈ $205.13 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¥2.21 Billion ≈ $322.95 Million USD) and total liabilities (CN¥805.15 Million ≈ $117.82 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 301022 tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.40 Billion |
| % of Total Assets | 63.52% |
| Annual Growth Rate | 39.61% |
| 5-Year Change | 64.17% |
| 10-Year Change | N/A |
| Growth Volatility | 53.51 |
Qingdao Hi-Tech Moulds & Plastics Technology Co. Ltd. - Net Assets Trend (2017–2025)
This chart illustrates how Qingdao Hi-Tech Moulds & Plastics Technology Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. See Qingdao Hi-Tech Moulds & Plastics Techno liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Qingdao Hi-Tech Moulds & Plastics Technology Co. Ltd. (2017–2025)
The table below shows the annual net assets of Qingdao Hi-Tech Moulds & Plastics Technology Co. Ltd. from 2017 to 2025. For live valuation and market cap data, see Qingdao Hi-Tech Moulds & Plastics Techno stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.41 Billion ≈ $206.75 Million |
+35.29% |
| 2024-12-31 | CN¥1.04 Billion ≈ $152.82 Million |
+3.80% |
| 2023-12-31 | CN¥1.01 Billion ≈ $147.22 Million |
+11.90% |
| 2022-12-31 | CN¥899.07 Million ≈ $131.56 Million |
+4.46% |
| 2021-12-31 | CN¥860.65 Million ≈ $125.94 Million |
+147.07% |
| 2020-12-31 | CN¥348.35 Million ≈ $50.97 Million |
+24.44% |
| 2019-12-31 | CN¥279.93 Million ≈ $40.96 Million |
+24.48% |
| 2018-12-31 | CN¥224.89 Million ≈ $32.91 Million |
+129.70% |
| 2017-12-31 | CN¥97.91 Million ≈ $14.33 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Qingdao Hi-Tech Moulds & Plastics Technology 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 589.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥282.96 Million | 20.03% |
| Other Components | CN¥1.13 Billion | 79.97% |
| Total Equity | CN¥1.41 Billion | 100.00% |
Qingdao Hi-Tech Moulds & Plastics Technology Co. Ltd. Competitors by Market Cap
The table below lists competitors of Qingdao Hi-Tech Moulds & Plastics Technology Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hiper Global Ltd
TA:HIPR
|
$365.96 Million |
|
Elite Color Environmental Resources
SHE:002998
|
$366.04 Million |
|
Bhakti Multi Artha Pt
JK:BHAT
|
$366.23 Million |
|
Haverty Furniture Companies Inc
NYSE:HVT
|
$366.24 Million |
|
Rocket Pharmaceuticals Inc
NASDAQ:RCKT
|
$365.80 Million |
|
Hyundai Green Food Co. Ltd.
KO:453340
|
$365.76 Million |
|
Shenyang Chemical Industry Co Ltd
SHE:000698
|
$365.76 Million |
|
SNDL Inc.
NASDAQ:SNDL
|
$365.65 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Qingdao Hi-Tech Moulds & Plastics Technology Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,044,372,336 to 1,412,918,596, a change of 368,546,260 (35.3%).
- Net income of 52,736,743 contributed positively to equity growth.
- Dividend payments of 30,415,066 reduced retained earnings.
- Other comprehensive income decreased equity by 99,404,833.
- Other factors increased equity by 445,629,417.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥52.74 Million | +3.73% |
| Dividends Paid | CN¥30.42 Million | -2.15% |
| Other Comprehensive Income | CN¥-99.40 Million | -7.04% |
| Other Changes | CN¥445.63 Million | +31.54% |
| Total Change | CN¥- | 35.29% |
Book Value vs Market Value Analysis
This analysis compares Qingdao Hi-Tech Moulds & Plastics Technology 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: 1.77x
- 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 21.36x to 1.77x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥1.18 | CN¥25.13 | x |
| 2018-12-31 | CN¥2.70 | CN¥25.13 | x |
| 2019-12-31 | CN¥4.49 | CN¥25.13 | x |
| 2020-12-31 | CN¥5.58 | CN¥25.13 | x |
| 2021-12-31 | CN¥11.82 | CN¥25.13 | x |
| 2022-12-31 | CN¥10.81 | CN¥25.13 | x |
| 2023-12-31 | CN¥12.08 | CN¥25.13 | x |
| 2024-12-31 | CN¥12.45 | CN¥25.13 | x |
| 2025-12-31 | CN¥14.20 | CN¥25.13 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Qingdao Hi-Tech Moulds & Plastics Technology 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): 3.73%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.39%
- • Asset Turnover: 0.38x
- • Equity Multiplier: 1.55x
- Recent ROE (3.73%) is below the historical average (10.63%), 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 | 25.89% | 11.44% | 0.59x | 3.86x | CN¥15.55 Million |
| 2018 | 10.19% | 8.42% | 0.51x | 2.36x | CN¥418.64K |
| 2019 | 19.36% | 15.85% | 0.56x | 2.17x | CN¥26.19 Million |
| 2020 | 19.63% | 15.01% | 0.61x | 2.15x | CN¥33.54 Million |
| 2021 | 7.01% | 10.18% | 0.46x | 1.51x | CN¥-25.74 Million |
| 2022 | 6.05% | 10.87% | 0.38x | 1.48x | CN¥-35.54 Million |
| 2023 | 2.31% | 4.07% | 0.31x | 1.84x | CN¥-77.32 Million |
| 2024 | 1.51% | 2.32% | 0.35x | 1.84x | CN¥-88.68 Million |
| 2025 | 3.73% | 6.39% | 0.38x | 1.55x | CN¥-88.56 Million |
Industry Comparison
This section compares Qingdao Hi-Tech Moulds & Plastics Technology Co. Ltd.'s net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $2,140,354,806
- Average return on equity (ROE) among peers: 7.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Qingdao Hi-Tech Moulds & Plastics Technology Co. Ltd. (301022) | CN¥1.40 Billion | 25.89% | 0.57x | $365.83 Million |
| China International Marine Containers Group Ltd (000039) | $1.06 Billion | 17.08% | 1.84x | $2.99 Billion |
| Xinjiang Hejin Holding Co Ltd (000633) | $178.38 Million | -3.56% | 5.25x | $291.35 Million |
| Guangdong Jingyi Metal Co Ltd (002295) | $1.05 Billion | 0.60% | 0.19x | $355.36 Million |
| Shanghai Xinpeng Industry Co Ltd (002328) | $2.18 Billion | 6.94% | 0.10x | $895.57 Million |
| Beijing Lier High Temperature Materials Co Ltd (002392) | $1.90 Billion | 6.32% | 0.24x | $1.53 Billion |
| Suzhou Victory Precision Manufacture Co Ltd (002426) | $8.34 Billion | 5.15% | 0.95x | $2.06 Billion |
| Dajin Heavy Industry Corp (002487) | $1.64 Billion | 5.64% | 0.47x | $5.44 Billion |
| Jiangsu Boamax Technologies Group Co Ltd (002514) | $503.58 Million | 7.56% | 0.10x | $305.55 Million |
| Guangzheng Group Co Ltd (002524) | $113.11 Million | 19.77% | 0.74x | $256.39 Million |
| Anhui Honglu Steel Construction Group Co Ltd (002541) | $4.42 Billion | 9.41% | 1.36x | $1.68 Billion |
About Qingdao Hi-Tech Moulds & Plastics Technology Co. Ltd.
Qingdao Hi-Tech Moulds & Plastics Technology Co., Ltd. designs, manufactures, and sells automotive plastic injection tools in China. It offers IP tools, including lower and upper dashboard body, defrosting duct, defrosting grill, paladin dashboards, and other IP products; console tools comprising console, console base, and console assembly products; door panels; glove boxes; and lower and upper p… Read more