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¥945.37 Million CNY (≈ $138.34 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.00 Billion ≈ $292.09 Million USD) and total liabilities (CN¥1.05 Billion ≈ $153.75 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 tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥945.37 Million |
| % of Total Assets | 47.36% |
| Annual Growth Rate | 27.15% |
| 5-Year Change | 156.97% |
| 10-Year Change | N/A |
| Growth Volatility | 71.33 |
Hong Ri Da Technology Co. Ltd. A - Net Assets Trend (2019–2025)
This chart illustrates how Hong Ri Da Technology Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Hong Ri Da Technology Co. Ltd. A to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Hong Ri Da Technology Co. Ltd. A (2019–2025)
The table below shows the annual net assets of Hong Ri Da Technology Co. Ltd. A from 2019 to 2025. For live valuation and market cap data, see Hong Ri Da Technology Co. Ltd. A (301285) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥962.20 Million ≈ $140.80 Million |
-6.17% |
| 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 |
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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 174.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥76.13 Million | 7.92% |
| Other Components | CN¥885.71 Million | 92.08% |
| Total Equity | CN¥961.84 Million | 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 |
|---|---|
|
Persimmon Plc
F:OHP
|
$4.09 Billion |
|
Western Metal Materials Co Ltd
SHE:002149
|
$4.09 Billion |
|
Xinjiang Tianshan Cement Co Ltd
SHE:000877
|
$4.10 Billion |
|
Zeta Global Holdings Corp
NYSE:ZETA
|
$4.10 Billion |
|
Merdeka Copper Gold PT
JK:MDKA
|
$4.09 Billion |
|
Galenica Sante AG
SW:GALE
|
$4.09 Billion |
|
Shanghai Daimay Auto Interior
SHG:603730
|
$4.09 Billion |
|
SIASUN Robot Automation Co
SHE:300024
|
$4.09 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 2024 to 2025, total equity changed from 1,025,400,304 to 961,835,088, a change of -63,565,215 (-6.2%).
- Net loss of 67,226,702 reduced equity.
- Dividend payments of 24,691,279 reduced retained earnings.
- Other factors increased equity by 28,352,766.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-67.23 Million | -6.99% |
| Dividends Paid | CN¥24.69 Million | -2.57% |
| Other Changes | CN¥28.35 Million | +2.95% |
| Total Change | CN¥- | -6.20% |
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: 29.07x
- 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 118.41x to 29.07x 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¥135.30 | x |
| 2020-12-31 | CN¥1.71 | CN¥135.30 | x |
| 2021-12-31 | CN¥2.06 | CN¥135.30 | x |
| 2022-12-31 | CN¥5.06 | CN¥135.30 | x |
| 2023-12-31 | CN¥5.17 | CN¥135.30 | x |
| 2024-12-31 | CN¥4.96 | CN¥135.30 | x |
| 2025-12-31 | CN¥4.65 | CN¥135.30 | 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): -6.99%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.60%
- • Asset Turnover: 0.52x
- • Equity Multiplier: 2.05x
- Recent ROE (-6.99%) is below the historical average (9.07%), 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 |
| 2025 | -6.99% | -6.60% | 0.52x | 2.05x | CN¥-163.41 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: $21,404,927,234
- Average return on equity (ROE) among peers: 44.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hong Ri Da Technology Co. Ltd. A (301285) | CN¥945.37 Million | 21.31% | 1.11x | $4.09 Billion |
| Shenzhen Zhongheng Huafa Co Ltd Class A (000020) | $276.94 Million | 3.75% | 1.41x | $305.93 Million |
| Shenzhen Desay Battery Technology Co Ltd (000049) | $202.23 Million | 1.58% | 1.20x | $1.35 Billion |
| Shenzhen Huakong Seg Co Ltd (000068) | $116.44 Million | -93.06% | 2.61x | $481.70 Million |
| CPT Technology Group Co Ltd (000536) | $52.05 Million | 490.89% | 0.65x | $1.46 Billion |
| Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) | $5.53 Billion | 18.40% | 0.27x | $12.63 Billion |
| Xiamen Xindeco Ltd (000701) | $920.35 Million | 5.21% | 1.79x | $491.49 Million |
| BOE Technology Group Co Ltd (000725) | $197.80 Billion | 1.29% | 1.12x | $34.84 Billion |
| China Zhenhua Group Science & Technology Co Ltd (000733) | $2.43 Billion | 3.50% | 0.53x | $4.85 Billion |
| Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) | $5.48 Billion | 2.36% | 0.29x | $2.66 Billion |
| Guizhou Space Appliance Co Ltd (002025) | $1.25 Billion | 7.05% | 0.10x | $4.23 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