Finework (Hu Nan) New Energy Technology Co. Ltd.
Finework (Hu Nan) New Energy Technology Co., Ltd engages in the research, development, manufacture, and sale of fasteners in China and internationally. The company offers wind power offerings, such as bushing products, studs bolts, hex bolts, anchor bolts and flanges; Superalloy Fasteners; metal seals; impeller; fuel nozzle; gas turbine and helicopter drive shafts; thread rolling die; combustion … Read more
Finework (Hu Nan) New Energy Technology Co. Ltd. (301232) - Net Assets
Latest net assets as of June 2025: CN¥1.39 Billion CNY
Based on the latest financial reports, Finework (Hu Nan) New Energy Technology Co. Ltd. (301232) has net assets worth CN¥1.39 Billion CNY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥4.18 Billion) and total liabilities (CN¥2.79 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¥1.39 Billion |
| % of Total Assets | 33.23% |
| Annual Growth Rate | 33.31% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 60.16 |
Finework (Hu Nan) New Energy Technology Co. Ltd. - Net Assets Trend (2021–2024)
This chart illustrates how Finework (Hu Nan) New Energy Technology 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 Finework (Hu Nan) New Energy Technology Co. Ltd. (2021–2024)
The table below shows the annual net assets of Finework (Hu Nan) New Energy Technology Co. Ltd. from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.39 Billion | -10.51% |
| 2023-12-31 | CN¥1.55 Billion | +128.29% |
| 2022-12-31 | CN¥679.23 Million | +15.98% |
| 2021-12-31 | CN¥585.66 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Finework (Hu Nan) New Energy 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 decreased by 21.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥260.05 Million | 18.93% |
| Other Components | CN¥1.11 Billion | 81.07% |
| Total Equity | CN¥1.37 Billion | 100.00% |
Finework (Hu Nan) New Energy Technology Co. Ltd. Competitors by Market Cap
The table below lists competitors of Finework (Hu Nan) New Energy Technology Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Aktia Pankki Oyj
F:2A41
|
$486.03 Million |
|
Guilin Fuda Co Ltd
SHG:603166
|
$486.07 Million |
|
Hippo Holdings Inc
NYSE:HIPO
|
$486.12 Million |
|
NMDC Steel Limited
NSE:NSLNISP
|
$486.20 Million |
|
MeHow Innovative Ltd. A
SHE:301363
|
$485.98 Million |
|
Cybrid Technologies Inc
SHG:603212
|
$485.66 Million |
|
Walton Advanced Engineering Inc
TW:8110
|
$485.51 Million |
|
Shenglan Technology Co Ltd
SHE:300843
|
$485.45 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Finework (Hu Nan) New Energy Technology Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,538,916,768 to 1,374,049,384, a change of -164,867,384 (-10.7%).
- Net loss of 157,342,275 reduced equity.
- Dividend payments of 34,843,561 reduced retained earnings.
- Other factors increased equity by 27,318,452.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-157.34 Million | -11.45% |
| Dividends Paid | CN¥34.84 Million | -2.54% |
| Other Changes | CN¥27.32 Million | +1.99% |
| Total Change | CN¥- | -10.71% |
Book Value vs Market Value Analysis
This analysis compares Finework (Hu Nan) New Energy 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: 8.94x
- 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 15.74x to 8.94x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | CN¥10.39 | CN¥163.48 | x |
| 2022-12-31 | CN¥11.98 | CN¥163.48 | x |
| 2023-12-31 | CN¥20.47 | CN¥163.48 | x |
| 2024-12-31 | CN¥18.28 | CN¥163.48 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Finework (Hu Nan) New Energy 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): -11.45%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -8.77%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 2.62x
- Recent ROE (-11.45%) is below the historical average (4.72%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 13.37% | 6.92% | 0.74x | 2.60x | CN¥19.71 Million |
| 2022 | 13.29% | 6.69% | 0.73x | 2.73x | CN¥22.21 Million |
| 2023 | 3.66% | 3.42% | 0.54x | 1.97x | CN¥-97.64 Million |
| 2024 | -11.45% | -8.77% | 0.50x | 2.62x | CN¥-294.75 Million |
Industry Comparison
This section compares Finework (Hu Nan) New Energy Technology Co. Ltd.'s net assets metrics with peer companies in the Tools & Accessories industry.
Industry Context
- Industry: Tools & Accessories
- Average net assets among peers: $1,647,842,907
- Average return on equity (ROE) among peers: 12.27%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Finework (Hu Nan) New Energy Technology Co. Ltd. (301232) | CN¥1.39 Billion | 13.37% | 2.01x | $485.99 Million |
| Shandong Tengda Fasten Tech (001379) | $1.46 Billion | 5.24% | 0.48x | $185.77 Million |
| Bosun Tools Co Ltd (002282) | $213.66 Million | 25.32% | 0.75x | $216.27 Million |
| Ningbo Ligong Online Monitoring Technology Co Ltd (002322) | $856.94 Million | 8.88% | 0.04x | $386.64 Million |
| Tianjin Saixiang Technology Co Ltd (002337) | $1.31 Billion | 0.60% | 0.21x | $318.26 Million |
| Hangzhou Great Star Industrial Co Ltd (002444) | $3.97 Billion | 12.23% | 0.37x | $2.93 Billion |
| Guangdong Kinlong Hardware Products Co Ltd (002791) | $5.03 Billion | 17.69% | 0.98x | $427.79 Million |
| Shenzhen Kaizhong Precision Technology Co Ltd (002823) | $142.16 Million | 30.39% | 1.69x | $357.28 Million |
| Bichamp Cutting Technology Hunan Co Ltd (002843) | $610.40 Million | 8.30% | 0.14x | $432.29 Million |
| Wafangdian Bearing Co Ltd (200706) | $931.76 Million | 11.83% | 0.98x | $24.70 Million |
| Beijing Dinghan Tech Co (300011) | $1.96 Billion | 2.18% | 0.85x | $428.69 Million |