Ningbo Homelink Eco-iTech Co. Ltd.
Ningbo Homelink Eco-iTech Co., Ltd. engages in the research, development, production, and sale of plastic daily necessities and biodegradable products in China and internationally. The company offers knives, chopsticks, forks, bowls, spoons, cups, plates, lids, straws, etc.; fully degradable film bags, etc.; disposable plastic products; plant fiber products, such as paper bowls, paper cups and st… Read more
Ningbo Homelink Eco-iTech Co. Ltd. (301193) - Net Assets
Latest net assets as of September 2025: CN¥1.81 Billion CNY
Based on the latest financial reports, Ningbo Homelink Eco-iTech Co. Ltd. (301193) has net assets worth CN¥1.81 Billion CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥5.33 Billion) and total liabilities (CN¥3.52 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.81 Billion |
| % of Total Assets | 34.01% |
| Annual Growth Rate | 31.88% |
| 5-Year Change | 298.51% |
| 10-Year Change | N/A |
| Growth Volatility | 63.99 |
Ningbo Homelink Eco-iTech Co. Ltd. - Net Assets Trend (2017–2024)
This chart illustrates how Ningbo Homelink Eco-iTech Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Ningbo Homelink Eco-iTech Co. Ltd. (2017–2024)
The table below shows the annual net assets of Ningbo Homelink Eco-iTech Co. Ltd. from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.83 Billion | -0.52% |
| 2023-12-31 | CN¥1.84 Billion | +9.54% |
| 2022-12-31 | CN¥1.68 Billion | +23.58% |
| 2021-12-31 | CN¥1.36 Billion | +195.90% |
| 2020-12-31 | CN¥458.88 Million | +32.67% |
| 2019-12-31 | CN¥345.87 Million | +26.05% |
| 2018-12-31 | CN¥274.40 Million | +4.12% |
| 2017-12-31 | CN¥263.53 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ningbo Homelink Eco-iTech 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 38462757024.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥373.00 Million | 22.06% |
| Common Stock | CN¥192.00 Million | 11.36% |
| Other Comprehensive Income | CN¥271.59 Million | 16.06% |
| Other Components | CN¥854.24 Million | 50.52% |
| Total Equity | CN¥1.69 Billion | 100.00% |
Ningbo Homelink Eco-iTech Co. Ltd. Competitors by Market Cap
The table below lists competitors of Ningbo Homelink Eco-iTech Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Rolex Rings Limited
NSE:ROLEXRINGS
|
$171.09 Million |
|
United Faith Auto-Engineering Co. Ltd.
SHE:301112
|
$171.12 Million |
|
ADD Industry Zhejiang Co Ltd
SHG:603089
|
$171.22 Million |
|
SILOAM INTL HOS. RP 125
F:2LS
|
$171.24 Million |
|
BEGBIES TRAYNOR LS -05
F:BTA
|
$171.04 Million |
|
Guangdong Liantai Environmental Protection Co Ltd
SHG:603797
|
$171.03 Million |
|
SAMCO Inc
F:SMU
|
$170.96 Million |
|
Sichuan Hezong Medicine Easy-to-buy Pharmaceutical Co. Ltd.
SHE:300937
|
$170.91 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ningbo Homelink Eco-iTech Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,688,405,750 to 1,690,825,428, a change of 2,419,678 (0.1%).
- Net income of 57,000,521 contributed positively to equity growth.
- Dividend payments of 60,123,086 reduced retained earnings.
- Other comprehensive income increased equity by 271,586,814.
- Other factors decreased equity by 266,044,571.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥57.00 Million | +3.37% |
| Dividends Paid | CN¥60.12 Million | -3.56% |
| Other Comprehensive Income | CN¥271.59 Million | +16.06% |
| Other Changes | CN¥-266.04 Million | -15.73% |
| Total Change | CN¥- | 0.14% |
Book Value vs Market Value Analysis
This analysis compares Ningbo Homelink Eco-iTech 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: 2.68x
- 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 12.94x to 2.68x 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¥1.83 | CN¥23.68 | x |
| 2018-12-31 | CN¥1.91 | CN¥23.68 | x |
| 2019-12-31 | CN¥2.40 | CN¥23.68 | x |
| 2020-12-31 | CN¥3.19 | CN¥23.68 | x |
| 2021-12-31 | CN¥9.42 | CN¥23.68 | x |
| 2022-12-31 | CN¥7.85 | CN¥23.68 | x |
| 2023-12-31 | CN¥8.79 | CN¥23.68 | x |
| 2024-12-31 | CN¥8.84 | CN¥23.68 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ningbo Homelink Eco-iTech 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): 3.37%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.45%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 2.69x
- Recent ROE (3.37%) is below the historical average (10.05%), 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 | 6.81% | 2.22% | 1.00x | 3.06x | CN¥-8.42 Million |
| 2018 | 3.84% | 1.11% | 1.12x | 3.10x | CN¥-16.89 Million |
| 2019 | 21.64% | 7.33% | 1.15x | 2.56x | CN¥40.26 Million |
| 2020 | 24.92% | 11.14% | 0.91x | 2.46x | CN¥68.45 Million |
| 2021 | 5.24% | 5.77% | 0.60x | 1.52x | CN¥-64.58 Million |
| 2022 | 11.86% | 9.07% | 0.68x | 1.93x | CN¥28.17 Million |
| 2023 | 2.69% | 2.64% | 0.42x | 2.44x | CN¥-123.49 Million |
| 2024 | 3.37% | 2.45% | 0.51x | 2.69x | CN¥-112.08 Million |
Industry Comparison
This section compares Ningbo Homelink Eco-iTech Co. Ltd.'s net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $1,775,158,628
- Average return on equity (ROE) among peers: -19.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ningbo Homelink Eco-iTech Co. Ltd. (301193) | CN¥1.81 Billion | 6.81% | 1.94x | $171.08 Million |
| Chongqing Sanxia Paints Co Ltd (000565) | $390.80 Million | 1.64% | 0.47x | $289.82 Million |
| Hengyi Petrochemical Co Ltd (000703) | $246.42 Million | -7.64% | 1.62x | $1.44 Billion |
| Guangdong Xinhui Meida Nylon Co Ltd (000782) | $472.56 Million | 10.49% | 1.13x | $361.89 Million |
| Luxi Chemical Group Co Ltd (000830) | $120.60 Million | 41.32% | 1.30x | $2.28 Billion |
| China Minmetals Rare Earth Co Ltd (000831) | $234.51 Million | -303.65% | 8.65x | $5.40 Billion |
| Anhui Guofeng Plastic Industry Co Ltd (000859) | $2.70 Billion | 10.47% | 0.21x | $884.45 Million |
| Cofco Biochemical Anhui Co Ltd (000930) | $11.76 Billion | 9.61% | 0.54x | $815.97 Million |
| Shandong Link Science and Technology Co Ltd (001207) | $441.43 Million | 14.99% | 1.14x | $330.19 Million |
| Zhejiang Bofay Elec Co Ltd (001255) | $742.80 Million | 1.78% | 0.61x | $169.49 Million |
| Guangdong Decro Film New (001378) | $647.89 Million | 29.53% | 0.22x | $241.78 Million |