Hunan Huasheng Co Ltd

SHG:600156 China Textile Manufacturing
Market Cap
$457.61 Million
CN¥3.36 Billion CNY
Market Cap Rank
#13542 Global
#3507 in China
Share Price
CN¥8.35
Change (1 day)
-1.88%
52-Week Range
CN¥4.45 - CN¥10.09
All Time High
CN¥13.87
About

Hunan Huasheng CO.,Ltd engages in the research, development, production, and sale of textile and chemical fiber products in China. The company provides ramie, flax, hemp yarn, fabrics and clothing; and professional clothing, home textiles, and industrial textiles. It also offers blended yarn, cloth, printed and dyed cloth, and garments products. The company sells its products under the Xuesong, D… Read more

Hunan Huasheng Co Ltd (600156) - Net Assets

Latest net assets as of September 2025: CN¥385.25 Million CNY

Based on the latest financial reports, Hunan Huasheng Co Ltd (600156) has net assets worth CN¥385.25 Million CNY as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥824.61 Million) and total liabilities (CN¥439.35 Million). 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¥385.25 Million
% of Total Assets 46.72%
Annual Growth Rate 3.16%
5-Year Change -42.47%
10-Year Change -46.83%
Growth Volatility 34.96

Hunan Huasheng Co Ltd - Net Assets Trend (1995–2024)

This chart illustrates how Hunan Huasheng 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 Hunan Huasheng Co Ltd (1995–2024)

The table below shows the annual net assets of Hunan Huasheng Co Ltd from 1995 to 2024.

Year Net Assets Change
2024-12-31 CN¥410.24 Million -11.88%
2023-12-31 CN¥465.53 Million +11.90%
2022-12-31 CN¥416.04 Million -34.85%
2021-12-31 CN¥638.55 Million -10.45%
2020-12-31 CN¥713.10 Million +2.65%
2019-12-31 CN¥694.69 Million +4.08%
2018-12-31 CN¥667.44 Million +2.09%
2017-12-31 CN¥653.79 Million -13.70%
2016-12-31 CN¥757.56 Million -1.81%
2015-12-31 CN¥771.51 Million +3.13%
2014-12-31 CN¥748.07 Million -3.16%
2013-12-31 CN¥772.49 Million +19.48%
2012-12-31 CN¥646.54 Million -0.76%
2011-12-31 CN¥651.51 Million +1.41%
2010-12-31 CN¥642.46 Million +0.66%
2009-12-31 CN¥638.23 Million +0.59%
2008-12-31 CN¥634.49 Million +1.17%
2007-12-31 CN¥627.16 Million +7.15%
2006-12-31 CN¥585.32 Million -10.46%
2005-12-31 CN¥653.71 Million -26.68%
2004-12-31 CN¥891.56 Million +9.06%
2003-12-31 CN¥817.49 Million -22.90%
2002-12-31 CN¥1.06 Billion -12.63%
2001-12-31 CN¥1.21 Billion +1.91%
2000-12-31 CN¥1.19 Billion +25.11%
1999-12-31 CN¥951.86 Million +7.33%
1998-12-31 CN¥886.86 Million +158.06%
1997-12-31 CN¥343.66 Million +84.83%
1996-12-31 CN¥185.93 Million +11.73%
1995-12-31 CN¥166.41 Million --

Equity Component Analysis

This analysis shows how different components contribute to Hunan Huasheng 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 382.6% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥402.11 Million 97.03%
Other Components CN¥184.04 Million 44.41%
Total Equity CN¥414.42 Million 100.00%

Hunan Huasheng Co Ltd Competitors by Market Cap

The table below lists competitors of Hunan Huasheng Co Ltd ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 463,751,525 to 414,415,498, a change of -49,336,027 (-10.6%).
  • Net loss of 49,336,026 reduced equity.
  • Dividend payments of 6,096,896 reduced retained earnings.
  • Other factors increased equity by 6,096,895.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-49.34 Million -11.9%
Dividends Paid CN¥6.10 Million -1.47%
Other Changes CN¥6.10 Million +1.47%
Total Change CN¥- -10.64%

Book Value vs Market Value Analysis

This analysis compares Hunan Huasheng 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: 8.10x
  • 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 21.56x to 8.10x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1995-12-31 CN¥0.39 CN¥8.35 x
1996-12-31 CN¥0.43 CN¥8.35 x
1997-12-31 CN¥0.80 CN¥8.35 x
1998-12-31 CN¥2.06 CN¥8.35 x
1999-12-31 CN¥2.22 CN¥8.35 x
2000-12-31 CN¥2.76 CN¥8.35 x
2001-12-31 CN¥2.81 CN¥8.35 x
2002-12-31 CN¥2.46 CN¥8.35 x
2003-12-31 CN¥1.90 CN¥8.35 x
2004-12-31 CN¥1.92 CN¥8.35 x
2005-12-31 CN¥1.46 CN¥8.35 x
2006-12-31 CN¥1.27 CN¥8.35 x
2007-12-31 CN¥1.46 CN¥8.35 x
2008-12-31 CN¥1.48 CN¥8.35 x
2009-12-31 CN¥1.51 CN¥8.35 x
2010-12-31 CN¥1.50 CN¥8.35 x
2011-12-31 CN¥1.51 CN¥8.35 x
2012-12-31 CN¥1.39 CN¥8.35 x
2013-12-31 CN¥1.75 CN¥8.35 x
2014-12-31 CN¥1.70 CN¥8.35 x
2015-12-31 CN¥1.74 CN¥8.35 x
2016-12-31 CN¥1.75 CN¥8.35 x
2017-12-31 CN¥1.55 CN¥8.35 x
2018-12-31 CN¥1.62 CN¥8.35 x
2019-12-31 CN¥1.71 CN¥8.35 x
2020-12-31 CN¥1.79 CN¥8.35 x
2021-12-31 CN¥1.62 CN¥8.35 x
2022-12-31 CN¥1.10 CN¥8.35 x
2023-12-31 CN¥1.15 CN¥8.35 x
2024-12-31 CN¥1.03 CN¥8.35 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Hunan Huasheng 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): -11.90%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -6.35%
  • • Asset Turnover: 0.87x
  • • Equity Multiplier: 2.16x
  • Recent ROE (-11.90%) is below the historical average (0.91%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1995 65.26% 17.53% 1.52x 2.44x CN¥91.97 Million
1996 48.47% 15.27% 1.20x 2.65x CN¥71.53 Million
1997 21.58% 11.22% 0.92x 2.09x CN¥39.80 Million
1998 11.39% 12.56% 0.61x 1.49x CN¥12.28 Million
1999 10.61% 11.19% 0.69x 1.37x CN¥5.81 Million
2000 6.51% 9.30% 0.55x 1.28x CN¥-41.46 Million
2001 5.53% 8.97% 0.50x 1.24x CN¥-53.89 Million
2002 -14.00% -20.90% 0.46x 1.46x CN¥-253.39 Million
2003 -27.43% -29.90% 0.56x 1.65x CN¥-305.83 Million
2004 0.99% 0.97% 0.69x 1.49x CN¥-74.36 Million
2005 -31.21% -27.57% 0.84x 1.35x CN¥-259.38 Million
2006 1.70% 1.20% 0.90x 1.57x CN¥-45.15 Million
2007 2.51% 1.84% 0.87x 1.57x CN¥-43.84 Million
2008 1.72% 1.19% 0.91x 1.59x CN¥-49.18 Million
2009 0.93% 0.74% 0.87x 1.45x CN¥-54.37 Million
2010 0.60% 0.47% 0.79x 1.63x CN¥-56.64 Million
2011 0.71% 0.47% 0.84x 1.81x CN¥-56.40 Million
2012 0.70% 0.54% 0.71x 1.82x CN¥-56.12 Million
2013 10.04% 7.21% 0.83x 1.68x CN¥284.54K
2014 -4.65% -3.49% 0.82x 1.63x CN¥-99.88 Million
2015 1.34% 1.23% 0.64x 1.69x CN¥-60.69 Million
2016 1.35% 1.60% 0.51x 1.65x CN¥-60.92 Million
2017 -13.91% -12.15% 0.69x 1.67x CN¥-148.81 Million
2018 4.25% 2.72% 0.98x 1.60x CN¥-37.39 Million
2019 -9.72% -6.44% 0.94x 1.60x CN¥-135.72 Million
2020 2.69% 2.13% 0.71x 1.78x CN¥-52.70 Million
2021 -12.98% -9.09% 0.73x 1.95x CN¥-149.67 Million
2022 -50.30% -24.46% 0.93x 2.20x CN¥-266.98 Million
2023 4.53% 3.62% 0.62x 2.03x CN¥-25.35 Million
2024 -11.90% -6.35% 0.87x 2.16x CN¥-90.78 Million

Industry Comparison

This section compares Hunan Huasheng Co Ltd's net assets metrics with peer companies in the Textile Manufacturing industry.

Industry Context

  • Industry: Textile Manufacturing
  • Average net assets among peers: $2,392,451,351
  • Average return on equity (ROE) among peers: 8.50%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Hunan Huasheng Co Ltd (600156) CN¥385.25 Million 65.26% 1.14x $264.36 Million
Shenzhen Textile Holdings Co Ltd (000045) $2.17 Billion 0.39% 0.37x $452.68 Million
Shijiazhuang Changshan Textile Co Ltd (000158) $1.19 Billion 7.88% 0.59x $2.85 Billion
Jilin Chemical Fibre Co Ltd (000420) $4.36 Billion 0.74% 1.45x $1.24 Billion
Lu Thai Textile Co Ltd (000726) $7.02 Billion 13.66% 0.23x $567.55 Million
Anhui Huamao Textile Co Ltd (000850) $2.47 Billion 12.33% 1.57x $323.37 Million
Xinxiang Chemical Fiber Co Ltd (000949) $1.42 Billion 7.00% 1.71x $1.13 Billion
Xinlong Holding Group Co Ltd (000955) $642.48 Million -17.63% 0.77x $282.25 Million
Jiiangsu Times Textile Technology Co.LTD (001234) $263.70 Million 37.38% 0.88x $109.12 Million
Anhui Guqi Down & Feather (001390) $913.70 Million 18.41% 0.55x $29.70K
Huafu Top Dyed Melange Yarn Co Ltd (002042) $3.47 Billion 4.86% 1.55x $581.04 Million