Hangzhou Wensli Silk Culture Co. Ltd. (301066) - Net Assets
Based on the latest financial reports, Hangzhou Wensli Silk Culture Co. Ltd. (301066) has net assets worth CN¥675.93 Million CNY (≈ $98.91 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¥1.08 Billion ≈ $158.42 Million USD) and total liabilities (CN¥406.70 Million ≈ $59.51 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. Explore how efficiently does Hangzhou Wensli Silk Culture Co. Ltd. generate cash to assess how effectively this company generates cash.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥675.93 Million |
| % of Total Assets | 62.43% |
| Annual Growth Rate | 8.75% |
| 5-Year Change | 38.92% |
| 10-Year Change | N/A |
| Growth Volatility | 12.54 |
Hangzhou Wensli Silk Culture Co. Ltd. - Net Assets Trend (2019–2024)
This chart illustrates how Hangzhou Wensli Silk Culture Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. Also explore Hangzhou Wensli Silk Culture Co. Ltd. total assets for the complete picture of this company's asset base.
Annual Net Assets for Hangzhou Wensli Silk Culture Co. Ltd. (2019–2024)
The table below shows the annual net assets of Hangzhou Wensli Silk Culture Co. Ltd. from 2019 to 2024. For live valuation and market cap data, see Hangzhou Wensli Silk Culture Co. Ltd. market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥683.98 Million ≈ $100.09 Million |
+4.62% |
| 2023-12-31 | CN¥653.79 Million ≈ $95.67 Million |
+2.85% |
| 2022-12-31 | CN¥635.68 Million ≈ $93.02 Million |
-3.05% |
| 2021-12-31 | CN¥655.66 Million ≈ $95.94 Million |
+33.17% |
| 2020-12-31 | CN¥492.34 Million ≈ $72.05 Million |
+9.50% |
| 2019-12-31 | CN¥449.64 Million ≈ $65.80 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Hangzhou Wensli Silk Culture 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 80.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥276.09 Million | 40.76% |
| Other Components | CN¥401.20 Million | 59.24% |
| Total Equity | CN¥677.29 Million | 100.00% |
Hangzhou Wensli Silk Culture Co. Ltd. Competitors by Market Cap
The table below lists competitors of Hangzhou Wensli Silk Culture Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ethan Allen Interiors Inc
NYSE:ETD
|
$499.51 Million |
|
MBM Resources Bhd
KLSE:5983
|
$499.53 Million |
|
Zero One Technology Co Ltd
TW:3029
|
$499.77 Million |
|
Nagarro SE
XETRA:NA9
|
$499.88 Million |
|
Chrysos Corporation Ltd
AU:C79
|
$499.48 Million |
|
Unifique Telecomunicações S.A.
SA:FIQE3
|
$499.48 Million |
|
Akis Gayrimenkul Yatirim Ortakligi AS
IS:AKSGY
|
$499.25 Million |
|
Ca Toulouse 31 CCI
PA:CAT31
|
$499.15 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hangzhou Wensli Silk Culture Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 647,337,140 to 677,289,117, a change of 29,951,978 (4.6%).
- Net income of 35,106,239 contributed positively to equity growth.
- Dividend payments of 13,466,718 reduced retained earnings.
- Other factors increased equity by 8,312,456.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥35.11 Million | +5.18% |
| Dividends Paid | CN¥13.47 Million | -1.99% |
| Other Changes | CN¥8.31 Million | +1.23% |
| Total Change | CN¥- | 4.63% |
Book Value vs Market Value Analysis
This analysis compares Hangzhou Wensli Silk Culture 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: 4.05x
- 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 4.62x to 4.05x 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¥3.14 | CN¥14.53 | x |
| 2020-12-31 | CN¥3.45 | CN¥14.53 | x |
| 2021-12-31 | CN¥3.48 | CN¥14.53 | x |
| 2022-12-31 | CN¥3.34 | CN¥14.53 | x |
| 2023-12-31 | CN¥3.44 | CN¥14.53 | x |
| 2024-12-31 | CN¥3.59 | CN¥14.53 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hangzhou Wensli Silk Culture 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): 5.18%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.26%
- • Asset Turnover: 0.61x
- • Equity Multiplier: 1.61x
- Recent ROE (5.18%) is below the historical average (7.42%), 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 | 13.44% | 8.19% | 1.03x | 1.59x | CN¥15.27 Million |
| 2020 | 13.02% | 8.62% | 1.03x | 1.46x | CN¥14.69 Million |
| 2021 | 7.76% | 7.60% | 0.76x | 1.35x | CN¥-14.66 Million |
| 2022 | -0.25% | -0.29% | 0.66x | 1.31x | CN¥-64.53 Million |
| 2023 | 5.37% | 5.02% | 0.74x | 1.44x | CN¥-29.99 Million |
| 2024 | 5.18% | 5.26% | 0.61x | 1.61x | CN¥-32.62 Million |
Industry Comparison
This section compares Hangzhou Wensli Silk Culture Co. Ltd.'s net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $2,091,242,891
- Average return on equity (ROE) among peers: 0.42%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hangzhou Wensli Silk Culture Co. Ltd. (301066) | CN¥675.93 Million | 13.44% | 0.60x | $499.49 Million |
| Shenzhen Textile Holdings Co Ltd (000045) | $242.62 Million | -49.13% | 1.34x | $782.46 Million |
| Shijiazhuang Changshan Textile Co Ltd (000158) | $6.01 Billion | 5.91% | 1.13x | $3.71 Billion |
| Jilin Chemical Fibre Co Ltd (000420) | $1.07 Billion | 0.77% | 0.84x | $1.60 Billion |
| Lu Thai Textile Co Ltd (000726) | $1.28 Billion | 8.92% | 0.16x | $511.26 Million |
| Anhui Huamao Textile Co Ltd (000850) | $747.53 Million | 12.76% | 0.47x | $555.11 Million |
| Xinxiang Chemical Fiber Co Ltd (000949) | $6.20 Billion | 22.31% | 0.81x | $1.72 Billion |
| Xinlong Holding Group Co Ltd (000955) | $656.03 Million | -11.72% | 0.66x | $335.62 Million |
| Huafu Top Dyed Melange Yarn Co Ltd (002042) | $276.88 Million | 0.28% | 0.93x | $1.08 Billion |
| Sunvim Group Co Ltd (002083) | $2.71 Billion | 6.73% | 1.65x | $1.39 Billion |
| Hongda High-Tech Holding Co Ltd (002144) | $1.71 Billion | 7.32% | 0.21x | $318.41 Million |
About Hangzhou Wensli Silk Culture Co. Ltd.
Hangzhou Wensli Silk Culture Co., Ltd. develops and manufactures Chinese silk cultural, silk ornaments, and silk artworks in China. Its products include silk scarves, pajamas, home textiles, neckties, silk masks, and gifts. The company was founded in 1975 and is based in Hangzhou, China.