Hong Ri Da Technology Co. Ltd. A (301285) - Net Assets
Based on the latest financial reports, Hong Ri Da Technology Co. Ltd. A (301285) has net assets worth CN¥1.04 Billion CNY (≈ $152.44 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¥2.09 Billion ≈ $305.31 Million USD) and total liabilities (CN¥1.04 Billion ≈ $152.87 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 Hong Ri Da Technology Co. Ltd. A asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.04 Billion |
| % of Total Assets | 49.93% |
| Annual Growth Rate | 35.11% |
| 5-Year Change | 223.5% |
| 10-Year Change | N/A |
| Growth Volatility | 74.81 |
Hong Ri Da Technology Co. Ltd. A - Net Assets Trend (2019–2024)
This chart illustrates how Hong Ri Da Technology Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. Also explore how large is Hong Ri Da Technology Co. Ltd. A's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Hong Ri Da Technology Co. Ltd. A (2019–2024)
The table below shows the annual net assets of Hong Ri Da Technology Co. Ltd. A from 2019 to 2024. For live valuation and market cap data, see Hong Ri Da Technology Co. Ltd. A (301285) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.03 Billion ≈ $150.06 Million |
-4.04% |
| 2023-12-31 | CN¥1.07 Billion ≈ $156.37 Million |
-3.33% |
| 2022-12-31 | CN¥1.11 Billion ≈ $161.76 Million |
+195.23% |
| 2021-12-31 | CN¥374.44 Million ≈ $54.79 Million |
+18.12% |
| 2020-12-31 | CN¥316.99 Million ≈ $46.39 Million |
+39.27% |
| 2019-12-31 | CN¥227.61 Million ≈ $33.31 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Hong Ri Da Technology Co. Ltd. A'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 454.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥153.67 Million | 14.99% |
| Other Components | CN¥871.73 Million | 85.01% |
| Total Equity | CN¥1.03 Billion | 100.00% |
Hong Ri Da Technology Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Hong Ri Da Technology Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Park National Corporation
NYSE MKT:PRK
|
$3.13 Billion |
|
Navinfo Co Ltd
SHE:002405
|
$3.13 Billion |
|
Anhui Conch Cement Company Limited
F:AQE
|
$3.14 Billion |
|
Sparebank 1 SMN
OL:MING
|
$3.14 Billion |
|
Guangdong Jia Yuan Technology Co Ltd
SHG:688388
|
$3.13 Billion |
|
WIENERBERGER ADR 1/5/O.N.
F:WIBA
|
$3.13 Billion |
|
Indah Kiat Pulp & Paper Tbk
JK:INKP
|
$3.13 Billion |
|
Wanda Cinema Line Corp
SHE:002739
|
$3.12 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hong Ri Da Technology Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,068,630,545 to 1,025,400,304, a change of -43,230,242 (-4.0%).
- Net loss of 7,572,835 reduced equity.
- Dividend payments of 31,191,662 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-7.57 Million | -0.74% |
| Dividends Paid | CN¥31.19 Million | -3.04% |
| Other Changes | CN¥-4.47 Million | -0.44% |
| Total Change | CN¥- | -4.05% |
Book Value vs Market Value Analysis
This analysis compares Hong Ri Da Technology Co. Ltd. A'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: 20.86x
- 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 90.58x to 20.86x 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¥1.14 | CN¥103.50 | x |
| 2020-12-31 | CN¥1.71 | CN¥103.50 | x |
| 2021-12-31 | CN¥2.06 | CN¥103.50 | x |
| 2022-12-31 | CN¥5.06 | CN¥103.50 | x |
| 2023-12-31 | CN¥5.17 | CN¥103.50 | x |
| 2024-12-31 | CN¥4.96 | CN¥103.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hong Ri Da Technology Co. Ltd. A 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): -0.74%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.91%
- • Asset Turnover: 0.41x
- • Equity Multiplier: 1.96x
- Recent ROE (-0.74%) is below the historical average (11.75%), 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 | 21.31% | 7.83% | 0.63x | 4.34x | CN¥20.04 Million |
| 2020 | 22.75% | 9.94% | 0.63x | 3.65x | CN¥33.73 Million |
| 2021 | 19.57% | 10.13% | 0.65x | 2.97x | CN¥30.62 Million |
| 2022 | 4.70% | 8.28% | 0.39x | 1.47x | CN¥-55.41 Million |
| 2023 | 2.90% | 4.30% | 0.39x | 1.75x | CN¥-75.86 Million |
| 2024 | -0.74% | -0.91% | 0.41x | 1.96x | CN¥-110.11 Million |
Industry Comparison
This section compares Hong Ri Da Technology Co. Ltd. A's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $2,959,429,291
- Average return on equity (ROE) among peers: 10.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hong Ri Da Technology Co. Ltd. A (301285) | CN¥1.04 Billion | 21.31% | 1.00x | $3.13 Billion |
| Shenzhen Zhongheng Huafa Co Ltd Class A (000020) | $266.56 Million | 3.44% | 1.72x | $423.10 Million |
| Shenzhen Desay Battery Technology Co Ltd (000049) | $2.86 Billion | 17.55% | 2.07x | $1.63 Billion |
| Shenzhen Huakong Seg Co Ltd (000068) | $1.09 Billion | 2.98% | 1.57x | $483.17 Million |
| CPT Technology Group Co Ltd (000536) | $3.32 Billion | 10.43% | 0.37x | $1.59 Billion |
| Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) | $6.06 Billion | 5.92% | 0.45x | $4.25 Billion |
| Xiamen Xindeco Ltd (000701) | $217.53 Million | 0.00% | 0.71x | $586.43 Million |
| BOE Technology Group Co Ltd (000725) | $466.65 Million | 21.84% | 0.74x | $21.70 Billion |
| China Zhenhua Group Science & Technology Co Ltd (000733) | $9.75 Billion | 24.43% | 0.39x | $3.46 Billion |
| Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) | $4.17 Billion | 8.18% | 0.30x | $2.15 Billion |
| Guizhou Space Appliance Co Ltd (002025) | $1.38 Billion | 7.09% | 0.20x | $4.88 Billion |
About Hong Ri Da Technology Co. Ltd. A
HONG RI DA Technology Company Limited manufactures and sells connectors. The company offers mobile phone card, memory card, battery holder, headphone socket, USB, FPC, BTB, and RF connectors; USB type C; and antenna shrapnel series. It also provides K-shaped tee, gear, smart ring, fixed seat, screw positioning column, suction stems, nuts, fingerprint brackets, camera brackets, shaft, sealing brac… Read more