HHC Changzhou Corp. (301061) - Net Assets
Based on the latest financial reports, HHC Changzhou Corp. (301061) has net assets worth CN¥3.92 Billion CNY (≈ $573.02 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥4.95 Billion ≈ $723.79 Million USD) and total liabilities (CN¥1.03 Billion ≈ $150.77 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 HHC Changzhou Corp. liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.92 Billion |
| % of Total Assets | 79.17% |
| Annual Growth Rate | 40.4% |
| 5-Year Change | 321.71% |
| 10-Year Change | N/A |
| Growth Volatility | 71.33 |
HHC Changzhou Corp. - Net Assets Trend (2019–2024)
This chart illustrates how HHC Changzhou Corp.'s net assets have evolved over time, based on quarterly financial data. Also explore HHC Changzhou Corp. (301061) total assets for the complete picture of this company's asset base.
Annual Net Assets for HHC Changzhou Corp. (2019–2024)
The table below shows the annual net assets of HHC Changzhou Corp. from 2019 to 2024. For live valuation and market cap data, see 301061 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.57 Billion ≈ $523.13 Million |
+19.02% |
| 2023-12-31 | CN¥3.00 Billion ≈ $439.54 Million |
+11.29% |
| 2022-12-31 | CN¥2.70 Billion ≈ $394.94 Million |
+8.16% |
| 2021-12-31 | CN¥2.50 Billion ≈ $365.14 Million |
+194.36% |
| 2020-12-31 | CN¥847.72 Million ≈ $124.05 Million |
+29.47% |
| 2019-12-31 | CN¥654.76 Million ≈ $95.81 Million |
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Equity Component Analysis
This analysis shows how different components contribute to HHC Changzhou Corp.'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 698.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.63 Billion | 45.58% |
| Other Components | CN¥1.95 Billion | 54.42% |
| Total Equity | CN¥3.57 Billion | 100.00% |
HHC Changzhou Corp. Competitors by Market Cap
The table below lists competitors of HHC Changzhou Corp. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Spartan Delta Corp
TO:SDE
|
$1.99 Billion |
|
RLX Technology Inc
NYSE:RLX
|
$1.99 Billion |
|
Dynex Capital Inc
NYSE:DX
|
$1.99 Billion |
|
Grifols S.A
F:G0FB
|
$1.99 Billion |
|
Stora Enso Oyj A
HE:STEAV
|
$1.99 Billion |
|
Gränges AB (publ)
ST:GRNG
|
$1.99 Billion |
|
Aarti Industries Limited
NSE:AARTIIND
|
$1.99 Billion |
|
Worthington Steel Inc
NYSE:WS
|
$1.99 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HHC Changzhou Corp.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,003,714,384 to 3,574,934,854, a change of 571,220,470 (19.0%).
- Net income of 682,935,698 contributed positively to equity growth.
- Dividend payments of 148,702,913 reduced retained earnings.
- Other factors increased equity by 36,987,686.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥682.94 Million | +19.1% |
| Dividends Paid | CN¥148.70 Million | -4.16% |
| Other Changes | CN¥36.99 Million | +1.03% |
| Total Change | CN¥- | 19.02% |
Book Value vs Market Value Analysis
This analysis compares HHC Changzhou Corp.'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: 2.91x
- 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 9.12x to 2.91x 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¥6.82 | CN¥62.20 | x |
| 2020-12-31 | CN¥6.79 | CN¥62.20 | x |
| 2021-12-31 | CN¥11.54 | CN¥62.20 | x |
| 2022-12-31 | CN¥12.48 | CN¥62.20 | x |
| 2023-12-31 | CN¥13.89 | CN¥62.20 | x |
| 2024-12-31 | CN¥21.36 | CN¥62.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HHC Changzhou Corp. 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): 19.10%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 26.80%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 1.22x
- Recent ROE (19.10%) is above the historical average (16.42%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 17.25% | 9.61% | 1.11x | 1.61x | CN¥47.46 Million |
| 2020 | 24.25% | 15.60% | 0.92x | 1.69x | CN¥120.83 Million |
| 2021 | 11.96% | 15.50% | 0.62x | 1.24x | CN¥48.91 Million |
| 2022 | 12.40% | 22.88% | 0.47x | 1.15x | CN¥64.70 Million |
| 2023 | 13.56% | 21.20% | 0.54x | 1.19x | CN¥107.02 Million |
| 2024 | 19.10% | 26.80% | 0.59x | 1.22x | CN¥325.44 Million |
Industry Comparison
This section compares HHC Changzhou Corp.'s net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $21,905,636,868
- Average return on equity (ROE) among peers: 14.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| HHC Changzhou Corp. (301061) | CN¥3.92 Billion | 17.25% | 0.26x | $1.99 Billion |
| Midea Group Co Ltd (000333) | $107.50 Billion | 22.52% | 1.81x | $82.47 Billion |
| Changhong Meiling Co Ltd (000521) | $879.37 Million | 0.76% | 1.77x | $730.28 Million |
| Gree Electric Appliances Inc of Zhuhai (000651) | $107.93 Billion | 21.37% | 1.96x | $32.83 Billion |
| Hisense Kelon Electrical Holdings Co Ltd (000921) | $-842.15 Million | 0.00% | 0.00x | $3.25 Billion |
| Suncha Technology Co Ltd (001211) | $929.64 Million | 7.56% | 0.38x | $439.66 Million |
| Elec-Tech International Co Ltd (002005) | $114.44 Million | 40.36% | 2.94x | $741.10 Million |
| Zhejiang Supor Co Ltd (002032) | $905.66 Million | 11.04% | 0.85x | $5.52 Billion |
| Vatti Corp Ltd (002035) | $112.32 Million | 31.19% | 1.62x | $730.59 Million |
| CNlight Co Ltd (002076) | $388.80 Million | 2.76% | 0.26x | $355.44 Million |
| Guangzhou Seagull Kitchen And Bath Products Co Ltd (002084) | $1.15 Billion | 4.02% | 0.60x | $364.92 Million |
About HHC Changzhou Corp.
MotoMotion China Corporation engages in the research, design, development, production, sale, and service of smart electric sofas and beds, chairs, and their accessories in China and internationally. The company operates under the MotoMotion, MotoLiving, and MotoSleep brands. The company was founded in 2002 and is based in Changzhou, the People's Republic of China.