Hangzhou Chinastars Reflective Material Co.Ltd. (301077) - Net Assets
Based on the latest financial reports, Hangzhou Chinastars Reflective Material Co.Ltd. (301077) has net assets worth CN¥1.17 Billion CNY (≈ $170.61 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¥1.85 Billion ≈ $270.55 Million USD) and total liabilities (CN¥682.93 Million ≈ $99.93 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 cash flow conversion of Hangzhou Chinastars Reflective Material to assess how effectively this company generates cash.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.17 Billion |
| % of Total Assets | 63.06% |
| Annual Growth Rate | 48.25% |
| 5-Year Change | 355.11% |
| 10-Year Change | N/A |
| Growth Volatility | 140.56 |
Hangzhou Chinastars Reflective Material Co.Ltd. - Net Assets Trend (2019–2024)
This chart illustrates how Hangzhou Chinastars Reflective Material Co.Ltd.'s net assets have evolved over time, based on quarterly financial data. Also explore 301077 asset base for the complete picture of this company's asset base.
Annual Net Assets for Hangzhou Chinastars Reflective Material Co.Ltd. (2019–2024)
The table below shows the annual net assets of Hangzhou Chinastars Reflective Material Co.Ltd. from 2019 to 2024. For live valuation and market cap data, see 301077 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.22 Billion ≈ $179.22 Million |
-0.56% |
| 2023-12-31 | CN¥1.23 Billion ≈ $180.23 Million |
+1.02% |
| 2022-12-31 | CN¥1.22 Billion ≈ $178.41 Million |
-1.71% |
| 2021-12-31 | CN¥1.24 Billion ≈ $181.51 Million |
+360.94% |
| 2020-12-31 | CN¥269.11 Million ≈ $39.38 Million |
+57.49% |
| 2019-12-31 | CN¥170.88 Million ≈ $25.00 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Hangzhou Chinastars Reflective Material 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 197.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥331.39 Million | 27.06% |
| Other Components | CN¥893.34 Million | 72.94% |
| Total Equity | CN¥1.22 Billion | 100.00% |
Hangzhou Chinastars Reflective Material Co.Ltd. Competitors by Market Cap
The table below lists competitors of Hangzhou Chinastars Reflective Material Co.Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
REVO INSURANCE SPA O.N.
F:H0O
|
$683.94 Million |
|
Sinclair Broadcast Group Inc
NASDAQ:SBGI
|
$684.04 Million |
|
Ray Sigorta AS
IS:RAYSG
|
$684.08 Million |
|
Shandong Ruifeng Chemical Co Ltd
SHE:300243
|
$684.17 Million |
|
AFYA LTD. CL.A DL-00005
F:1AY
|
$683.63 Million |
|
Hunan Yussen Energy Technology
SHE:002986
|
$683.62 Million |
|
Guangdong SACA Precision Manufacturing Co Ltd
SHE:300464
|
$683.33 Million |
|
Liberty Financial Group
AU:LFG
|
$683.12 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hangzhou Chinastars Reflective Material Co.Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,231,653,136 to 1,224,736,753, a change of -6,916,383 (-0.6%).
- Net income of 148,089,288 contributed positively to equity growth.
- Dividend payments of 107,230,061 reduced retained earnings.
- Other factors decreased equity by 47,775,610.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥148.09 Million | +12.09% |
| Dividends Paid | CN¥107.23 Million | -8.76% |
| Other Changes | CN¥-47.78 Million | -3.9% |
| Total Change | CN¥- | -0.56% |
Book Value vs Market Value Analysis
This analysis compares Hangzhou Chinastars Reflective Material 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: 3.93x
- 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 14.47x to 3.93x 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¥1.90 | CN¥27.48 | x |
| 2020-12-31 | CN¥2.99 | CN¥27.48 | x |
| 2021-12-31 | CN¥7.08 | CN¥27.48 | x |
| 2022-12-31 | CN¥6.96 | CN¥27.48 | x |
| 2023-12-31 | CN¥7.03 | CN¥27.48 | x |
| 2024-12-31 | CN¥6.99 | CN¥27.48 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hangzhou Chinastars Reflective Material 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): 12.09%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.69%
- • Asset Turnover: 0.42x
- • Equity Multiplier: 1.54x
- Recent ROE (12.09%) is below the historical average (18.94%), 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 | 38.22% | 12.12% | 1.40x | 2.25x | CN¥48.23 Million |
| 2020 | 36.50% | 15.79% | 1.19x | 1.95x | CN¥71.32 Million |
| 2021 | 10.88% | 17.05% | 0.52x | 1.24x | CN¥10.95 Million |
| 2022 | 8.05% | 13.38% | 0.45x | 1.35x | CN¥-23.78 Million |
| 2023 | 7.91% | 13.97% | 0.39x | 1.44x | CN¥-25.69 Million |
| 2024 | 12.09% | 18.69% | 0.42x | 1.54x | CN¥25.62 Million |
Industry Comparison
This section compares Hangzhou Chinastars Reflective Material 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 Chinastars Reflective Material Co.Ltd. (301077) | CN¥1.17 Billion | 38.22% | 0.59x | $683.92 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 Chinastars Reflective Material Co.Ltd.
Zhejiang Chinastars New Materials Group Co., Ltd. engages in production, designing, research and development, and sales of reflective materials and their products. It offers reflective materials, such as reflective fabrics for PPE, industrial washing tapes, reflective tapes, heat transfer vinyl and logo, reflective ribbons and piping, reflective yarns, and prismatic tapes. The company also provid… Read more