Hisense Electric Co Ltd (600060) - Net Assets

Latest as of December 2025: CN¥26.41 Billion CNY ≈ $3.86 Billion USD

Based on the latest financial reports, Hisense Electric Co Ltd (600060) has net assets worth CN¥26.41 Billion CNY (≈ $3.86 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥44.58 Billion ≈ $6.52 Billion USD) and total liabilities (CN¥18.17 Billion ≈ $2.66 Billion 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 Hisense Electric Co Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥26.41 Billion
% of Total Assets 59.23%
Annual Growth Rate 20.56%
5-Year Change 45.26%
10-Year Change 94.02%
Growth Volatility 42.79

Hisense Electric Co Ltd - Net Assets Trend (1994–2025)

This chart illustrates how Hisense Electric Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 600060 current and non-current assets for the complete picture of this company's asset base.

Annual Net Assets for Hisense Electric Co Ltd (1994–2025)

The table below shows the annual net assets of Hisense Electric Co Ltd from 1994 to 2025. For live valuation and market cap data, see market cap of Hisense Electric Co Ltd.

Year Net Assets Change
2025-12-31 CN¥26.41 Billion
≈ $3.86 Billion		 +5.63%
2024-12-31 CN¥25.00 Billion
≈ $3.66 Billion		 -0.92%
2023-12-31 CN¥25.23 Billion
≈ $3.69 Billion		 +26.80%
2022-12-31 CN¥19.90 Billion
≈ $2.91 Billion		 +9.46%
2021-12-31 CN¥18.18 Billion
≈ $2.66 Billion		 +4.03%
2020-12-31 CN¥17.47 Billion
≈ $2.56 Billion		 +7.43%
2019-12-31 CN¥16.27 Billion
≈ $2.38 Billion		 +5.92%
2018-12-31 CN¥15.36 Billion
≈ $2.25 Billion		 +7.38%
2017-12-31 CN¥14.30 Billion
≈ $2.09 Billion		 +5.08%
2016-12-31 CN¥13.61 Billion
≈ $1.99 Billion		 +11.32%
2015-12-31 CN¥12.23 Billion
≈ $1.79 Billion		 +9.90%
2014-12-31 CN¥11.12 Billion
≈ $1.63 Billion		 +9.40%
2013-12-31 CN¥10.17 Billion
≈ $1.49 Billion		 +13.22%
2012-12-31 CN¥8.98 Billion
≈ $1.31 Billion		 +22.70%
2011-12-31 CN¥7.32 Billion
≈ $1.07 Billion		 +26.15%
2010-12-31 CN¥5.80 Billion
≈ $849.08 Million		 +15.33%
2009-12-31 CN¥5.03 Billion
≈ $736.21 Million		 +63.54%
2008-12-31 CN¥3.08 Billion
≈ $450.18 Million		 +4.50%
2007-12-31 CN¥2.94 Billion
≈ $430.81 Million		 +1.69%
2006-12-31 CN¥2.90 Billion
≈ $423.64 Million		 +9.62%
2005-12-31 CN¥2.64 Billion
≈ $386.46 Million		 +6.23%
2004-12-31 CN¥2.49 Billion
≈ $363.81 Million		 +2.68%
2003-12-31 CN¥2.42 Billion
≈ $354.31 Million		 +1.90%
2002-12-31 CN¥2.38 Billion
≈ $347.72 Million		 +5.48%
2001-12-31 CN¥2.25 Billion
≈ $329.67 Million		 +51.12%
2000-12-31 CN¥1.49 Billion
≈ $218.15 Million		 +4.75%
1999-12-31 CN¥1.42 Billion
≈ $208.26 Million		 +6.61%
1998-12-31 CN¥1.33 Billion
≈ $195.34 Million		 +57.71%
1997-12-31 CN¥846.45 Million
≈ $123.86 Million		 +223.91%
1996-12-31 CN¥261.33 Million
≈ $38.24 Million		 +74.29%
1995-12-31 CN¥149.93 Million
≈ $21.94 Million		 +86.78%
1994-12-31 CN¥80.27 Million
≈ $11.75 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Hisense Electric 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 1622617263641.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings CN¥16.23 Billion 76.32%
Other Components CN¥5.03 Billion 23.68%
Total Equity CN¥21.26 Billion 100.00%

Hisense Electric Co Ltd Competitors by Market Cap

The table below lists competitors of Hisense Electric Co Ltd ranked by their market capitalization.

Company Market Cap
Avnet Inc
NASDAQ:AVT
 $4.89 Billion
Nice Ltd
TA:NICE
 $4.89 Billion
HMT(Xiamen)New Technical
SHG:603306
 $4.89 Billion
Hankook Tire Co.
KO:161390
 $4.89 Billion
Intercorp Financial Services Inc
NYSE:IFS
 $4.89 Billion
Methanex Corporation
TO:MX
 $4.89 Billion
FPT Corp
VN:FPT
 $4.89 Billion
Zhejiang Shuanghuan Driveline Co Ltd
SHE:002472
 $4.88 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Hisense Electric Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 19,578,170,064 to 21,260,164,263, a change of 1,681,994,199 (8.6%).
  • Net income of 2,454,011,405 contributed positively to equity growth.
  • Dividend payments of 1,166,479,502 reduced retained earnings.
  • Other comprehensive income decreased equity by 1,644,831,421.
  • Other factors increased equity by 2,039,293,717.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CN¥2.45 Billion +11.54%
Dividends Paid CN¥1.17 Billion -5.49%
Other Comprehensive Income CN¥-1.64 Billion -7.74%
Other Changes CN¥2.04 Billion +9.59%
Total Change CN¥- 8.59%

Book Value vs Market Value Analysis

This analysis compares Hisense Electric 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: 1.57x
  • 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 354.85x to 1.57x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1994-12-31 CN¥0.07 CN¥25.60 x
1995-12-31 CN¥0.13 CN¥25.60 x
1996-12-31 CN¥0.23 CN¥25.60 x
1997-12-31 CN¥0.75 CN¥25.60 x
1998-12-31 CN¥1.12 CN¥25.60 x
1999-12-31 CN¥1.20 CN¥25.60 x
2000-12-31 CN¥1.27 CN¥25.60 x
2001-12-31 CN¥1.99 CN¥25.60 x
2002-12-31 CN¥2.07 CN¥25.60 x
2003-12-31 CN¥2.11 CN¥25.60 x
2004-12-31 CN¥2.16 CN¥25.60 x
2005-12-31 CN¥2.25 CN¥25.60 x
2006-12-31 CN¥2.38 CN¥25.60 x
2007-12-31 CN¥2.52 CN¥25.60 x
2008-12-31 CN¥2.69 CN¥25.60 x
2009-12-31 CN¥4.41 CN¥25.60 x
2010-12-31 CN¥4.35 CN¥25.60 x
2011-12-31 CN¥5.48 CN¥25.60 x
2012-12-31 CN¥6.71 CN¥25.60 x
2013-12-31 CN¥7.56 CN¥25.60 x
2014-12-31 CN¥8.27 CN¥25.60 x
2015-12-31 CN¥9.10 CN¥25.60 x
2016-12-31 CN¥10.04 CN¥25.60 x
2017-12-31 CN¥10.53 CN¥25.60 x
2018-12-31 CN¥10.77 CN¥25.60 x
2019-12-31 CN¥11.14 CN¥25.60 x
2020-12-31 CN¥11.90 CN¥25.60 x
2021-12-31 CN¥12.30 CN¥25.60 x
2022-12-31 CN¥13.66 CN¥25.60 x
2023-12-31 CN¥14.60 CN¥25.60 x
2024-12-31 CN¥15.00 CN¥25.60 x
2025-12-31 CN¥16.29 CN¥25.60 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Hisense Electric 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): 11.54%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 4.25%
  • • Asset Turnover: 1.29x
  • • Equity Multiplier: 2.10x
  • Recent ROE (11.54%) is below the historical average (13.95%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1994 99.58% 6.88% 2.66x 5.43x CN¥71.91 Million
1995 51.81% 6.32% 2.44x 3.36x CN¥62.69 Million
1996 35.46% 7.42% 1.80x 2.66x CN¥66.54 Million
1997 16.55% 6.59% 1.05x 2.39x CN¥54.31 Million
1998 10.02% 5.19% 1.03x 1.87x CN¥201.28K
1999 8.92% 3.99% 1.21x 1.84x CN¥-14.40 Million
2000 2.29% 0.75% 1.58x 1.93x CN¥-108.58 Million
2001 -1.08% -0.62% 0.97x 1.81x CN¥-245.48 Million
2002 1.52% 0.62% 1.42x 1.72x CN¥-195.66 Million
2003 1.76% 0.72% 1.47x 1.67x CN¥-193.47 Million
2004 2.43% 0.78% 1.71x 1.82x CN¥-182.40 Million
2005 4.09% 1.01% 1.83x 2.21x CN¥-148.05 Million
2006 4.72% 1.06% 2.20x 2.03x CN¥-139.97 Million
2007 7.25% 1.37% 2.36x 2.23x CN¥-77.34 Million
2008 7.60% 1.68% 2.27x 2.00x CN¥-70.95 Million
2009 10.15% 2.71% 1.78x 2.11x CN¥7.52 Million
2010 14.72% 3.93% 1.70x 2.20x CN¥267.59 Million
2011 23.57% 7.18% 1.46x 2.25x CN¥972.32 Million
2012 18.25% 6.35% 1.38x 2.08x CN¥724.72 Million
2013 16.01% 5.56% 1.43x 2.01x CN¥594.07 Million
2014 12.94% 4.83% 1.40x 1.91x CN¥318.02 Million
2015 12.53% 4.93% 1.44x 1.76x CN¥300.36 Million
2016 13.34% 5.53% 1.40x 1.72x CN¥440.44 Million
2017 7.03% 2.94% 1.33x 1.80x CN¥-409.18 Million
2018 2.78% 1.12% 1.19x 2.09x CN¥-1.02 Billion
2019 3.81% 1.63% 1.16x 2.01x CN¥-901.79 Million
2020 7.68% 3.04% 1.25x 2.02x CN¥-361.68 Million
2021 7.07% 2.43% 1.41x 2.07x CN¥-470.87 Million
2022 9.57% 3.67% 1.28x 2.04x CN¥-76.05 Million
2023 11.09% 3.91% 1.19x 2.39x CN¥206.39 Million
2024 11.47% 3.84% 1.25x 2.38x CN¥288.40 Million
2025 11.54% 4.25% 1.29x 2.10x CN¥327.99 Million

Industry Comparison

This section compares Hisense Electric Co Ltd's net assets metrics with peer companies in the Consumer Electronics industry.

Industry Context

  • Industry: Consumer Electronics
  • Average net assets among peers: $1,674,244,189
  • Average return on equity (ROE) among peers: 6.94%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Hisense Electric Co Ltd (600060) CN¥26.41 Billion 99.58% 0.69x $4.89 Billion
Konka Group Co Ltd (000016) $4.30 Billion 1.22% 2.90x $756.97 Million
Tianma Microelectronics Co Ltd (000050) $2.49 Billion 2.83% 2.20x $2.74 Billion
Guangdong Goworld Co Ltd (000823) $1.15 Billion 7.22% 1.30x $1.17 Billion
Soyea Technology Co Ltd (000909) $531.73 Million 0.67% 0.46x $298.48 Million
Guoguang Electric Co Ltd (002045) $1.99 Billion 2.02% 1.43x $928.45 Million
Hengdian Group DMEGC Magnetics Co Ltd (002056) $3.30 Billion 11.56% 0.45x $4.51 Billion
Shenzhen Auto Electric Power Plant Co Ltd (002227) $601.18 Million 4.47% 0.09x $318.38 Million
Goertek Inc (002241) $75.51 Million 19.36% 1.39x $12.71 Billion
Edifier Technology Co Ltd (002351) $1.78 Billion 6.54% 0.13x $1.45 Billion
Guangzhou Echom Sci&Tech Co Ltd (002420) $526.42 Million 13.50% 1.36x $440.55 Million

About Hisense Electric Co Ltd

SHG:600060 China Consumer Electronics
Market Cap
$4.89 Billion
CN¥33.41 Billion CNY
Market Cap Rank
#3645 Global
#565 in China
Share Price
CN¥25.60
Change (1 day)
+2.15%
52-Week Range
CN¥20.78 - CN¥26.46
All Time High
CN¥29.03
Categories
Companies in China Consumer Electronics Technology AI & Machine Learning
About

Hisense Visual Technology Co., Ltd. engages in the research and development, production, and sales of display chips and internet operation services in China and internationally. The company also manufactures and sells of computer, communication, and other electronic equipment. It also provides smart display terminals; laser display, commercial display, cloud service, chip business and other new d… Read more