Weihai Honglin Electronic Co. Ltd. A (301439) - Net Assets
Based on the latest financial reports, Weihai Honglin Electronic Co. Ltd. A (301439) has net assets worth CN¥3.00 Billion CNY (≈ $438.61 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¥4.68 Billion ≈ $685.19 Million USD) and total liabilities (CN¥1.69 Billion ≈ $246.59 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 Weihai Honglin Electronic Co. Ltd. A (301439) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.00 Billion |
| % of Total Assets | 64.01% |
| Annual Growth Rate | 55.79% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 87.27 |
Weihai Honglin Electronic Co. Ltd. A - Net Assets Trend (2021–2024)
This chart illustrates how Weihai Honglin Electronic Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. See Weihai Honglin Electronic Co. Ltd. A defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Weihai Honglin Electronic Co. Ltd. A (2021–2024)
The table below shows the annual net assets of Weihai Honglin Electronic Co. Ltd. A from 2021 to 2024. For live valuation and market cap data, see market cap of Weihai Honglin Electronic Co. Ltd. A.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.90 Billion ≈ $425.02 Million |
+2.26% |
| 2023-12-31 | CN¥2.84 Billion ≈ $415.62 Million |
+197.45% |
| 2022-12-31 | CN¥954.89 Million ≈ $139.73 Million |
+24.34% |
| 2021-12-31 | CN¥768.00 Million ≈ $112.38 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Weihai Honglin Electronic 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 86.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥712.54 Million | 24.76% |
| Other Components | CN¥2.16 Billion | 75.24% |
| Total Equity | CN¥2.88 Billion | 100.00% |
Weihai Honglin Electronic Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Weihai Honglin Electronic Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ZKTECO Co. Ltd. A
SHE:301330
|
$982.21 Million |
|
Anadolu Hayat Emeklilik AS
IS:ANHYT
|
$982.35 Million |
|
BIRLASOFT LIMITED
NSE:BSOFT
|
$982.78 Million |
|
Guangzhou Hengyun Enterprises Holding Ltd
SHE:000531
|
$982.91 Million |
|
Jiaxing ZMAX Optech Co. Ltd. A
SHG:688307
|
$981.82 Million |
|
CONMED Corporation
NYSE:CNMD
|
$980.96 Million |
|
Alphamin Resources Corp
F:21L
|
$980.92 Million |
|
Cathay Real Estate Development Co Ltd
TW:2501
|
$980.90 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Weihai Honglin Electronic Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,815,492,605 to 2,877,504,514, a change of 62,011,909 (2.2%).
- Net income of 196,500,961 contributed positively to equity growth.
- Dividend payments of 159,999,924 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥196.50 Million | +6.83% |
| Dividends Paid | CN¥160.00 Million | -5.56% |
| Other Changes | CN¥25.51 Million | +0.89% |
| Total Change | CN¥- | 2.20% |
Book Value vs Market Value Analysis
This analysis compares Weihai Honglin Electronic 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: 2.33x
- 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 6.56x to 2.33x 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¥2.63 | CN¥17.25 | x |
| 2022-12-31 | CN¥3.27 | CN¥17.25 | x |
| 2023-12-31 | CN¥7.24 | CN¥17.25 | x |
| 2024-12-31 | CN¥7.40 | CN¥17.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Weihai Honglin Electronic 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): 6.83%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.78%
- • Asset Turnover: 0.78x
- • Equity Multiplier: 1.52x
- Recent ROE (6.83%) is below the historical average (13.59%), 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 | 21.14% | 6.62% | 1.26x | 2.54x | CN¥85.46 Million |
| 2022 | 18.79% | 7.83% | 1.30x | 1.84x | CN¥83.83 Million |
| 2023 | 7.60% | 8.63% | 0.64x | 1.37x | CN¥-67.63 Million |
| 2024 | 6.83% | 5.78% | 0.78x | 1.52x | CN¥-91.25 Million |
Industry Comparison
This section compares Weihai Honglin Electronic Co. Ltd. A's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $1,962,958,871
- Average return on equity (ROE) among peers: 10.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Weihai Honglin Electronic Co. Ltd. A (301439) | CN¥3.00 Billion | 21.14% | 0.56x | $982.18 Million |
| XJ Electric Co Ltd (000400) | $769.50 Million | 13.66% | 0.29x | $3.41 Billion |
| Guangdong Macro Co Ltd (000533) | $656.70 Million | 10.00% | 3.24x | $1.05 Billion |
| Foshan Electrical and Lighting Co Ltd (000541) | $2.39 Billion | 11.14% | 0.11x | $908.69 Million |
| Dongfang Electronics Co Ltd (000682) | $1.32 Billion | 0.16% | 0.16x | $2.52 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.57 Billion | 1.54% | 1.62x | $742.84 Million |
| Huagong Tech Co Ltd (000988) | $684.66 Million | 5.90% | 0.54x | $26.12 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.38 Billion | 9.72% | 0.89x | $1.44 Billion |
| Sieyuan Electric Co Ltd (002028) | $10.67 Billion | 14.62% | 0.76x | $21.78 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $102.42 Million | 12.86% | 0.78x | $468.31 Million |
| Gotion High tech Co Ltd (002074) | $87.88 Million | 21.99% | 1.03x | $7.89 Billion |
About Weihai Honglin Electronic Co. Ltd. A
Weihai Honglin Electronic Co., Ltd., together with its subsidiaries, engages in the research, development, production, and sale of power cord components and special cables for use in 3C, household appliances, and channel markets in China and internationally. The company offers computer and household appliance, smart home, and access power cord assemblies; and precision electrical wiring, rubber w… Read more