Henan Huanghe Whirlwind Co Ltd (600172) - Net Assets

Latest as of September 2025: CN¥1.03 Billion CNY ≈ $150.86 Million USD

Based on the latest financial reports, Henan Huanghe Whirlwind Co Ltd (600172) has net assets worth CN¥1.03 Billion CNY (≈ $150.86 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥7.77 Billion ≈ $1.14 Billion USD) and total liabilities (CN¥6.74 Billion ≈ $985.76 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 Henan Huanghe Whirlwind Co Ltd (600172) liquid assets ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥1.03 Billion
% of Total Assets	13.27%
Annual Growth Rate	11.39%
5-Year Change	-52.74%
10-Year Change	-66.36%
Growth Volatility	67.01

Henan Huanghe Whirlwind Co Ltd - Net Assets Trend (1995–2024)

This chart illustrates how Henan Huanghe Whirlwind Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Henan Huanghe Whirlwind Co Ltd balance sheet assets for the complete picture of this company's asset base.

Annual Net Assets for Henan Huanghe Whirlwind Co Ltd (1995–2024)

The table below shows the annual net assets of Henan Huanghe Whirlwind Co Ltd from 1995 to 2024. For live valuation and market cap data, see 600172 market cap overview.

Year	Net Assets	Change
2024-12-31	CN¥1.52 Billion ≈ $222.55 Million	-39.01%
2023-12-31	CN¥2.49 Billion ≈ $364.86 Million	-24.26%
2022-12-31	CN¥3.29 Billion ≈ $481.71 Million	+0.94%
2021-12-31	CN¥3.26 Billion ≈ $477.24 Million	+1.34%
2020-12-31	CN¥3.22 Billion ≈ $470.93 Million	-23.35%
2019-12-31	CN¥4.20 Billion ≈ $614.38 Million	-7.30%
2018-12-31	CN¥4.53 Billion ≈ $662.78 Million	-5.26%
2017-12-31	CN¥4.78 Billion ≈ $699.59 Million	-1.67%
2016-12-31	CN¥4.86 Billion ≈ $711.49 Million	+7.54%
2015-12-31	CN¥4.52 Billion ≈ $661.62 Million	+87.67%
2014-12-31	CN¥2.41 Billion ≈ $352.54 Million	+8.90%
2013-12-31	CN¥2.21 Billion ≈ $323.72 Million	+9.30%
2012-12-31	CN¥2.02 Billion ≈ $296.18 Million	+8.32%
2011-12-31	CN¥1.87 Billion ≈ $273.44 Million	+68.11%
2010-12-31	CN¥1.11 Billion ≈ $162.66 Million	+2.77%
2009-12-31	CN¥1.08 Billion ≈ $158.27 Million	+1.82%
2008-12-31	CN¥1.06 Billion ≈ $155.44 Million	+5.93%
2007-12-31	CN¥1.00 Billion ≈ $146.74 Million	+3.50%
2006-12-31	CN¥968.90 Million ≈ $141.78 Million	+6.19%
2005-12-31	CN¥912.44 Million ≈ $133.52 Million	+6.44%
2004-12-31	CN¥857.26 Million ≈ $125.44 Million	-1.70%
2003-12-31	CN¥872.12 Million ≈ $127.62 Million	+14.04%
2002-12-31	CN¥764.72 Million ≈ $111.90 Million	+1.60%
2001-12-31	CN¥752.70 Million ≈ $110.14 Million	+72.14%
2000-12-31	CN¥437.27 Million ≈ $63.99 Million	+1.77%
1999-12-31	CN¥429.69 Million ≈ $62.88 Million	+17.13%
1998-12-31	CN¥366.85 Million ≈ $53.68 Million	+347.37%
1997-12-31	CN¥82.00 Million ≈ $12.00 Million	+0.52%
1996-12-31	CN¥81.58 Million ≈ $11.94 Million	+22.40%
1995-12-31	CN¥66.65 Million ≈ $9.75 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Henan Huanghe Whirlwind 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 15448.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Common Stock	CN¥1.44 Billion	95.50%
Other Comprehensive Income	CN¥-83.61K	-0.01%
Other Components	CN¥1.84 Billion	121.61%
Total Equity	CN¥1.51 Billion	100.00%

Henan Huanghe Whirlwind Co Ltd Competitors by Market Cap

The table below lists competitors of Henan Huanghe Whirlwind Co Ltd ranked by their market capitalization.

Company	Market Cap
Dong Yi Ri Sheng Home Decoration Group Co Ltd SHE:002713	$1.78 Billion
Premier Inc NASDAQ:PINC	$1.78 Billion
Bank Ocbc Nisp Tbk JK:NISP	$1.78 Billion
Monadelphous Group Ltd F:8MP	$1.78 Billion
Guangzhou Fangbang Electronics Co Ltd SHG:688020	$1.78 Billion
ONESPAWORLD HLDGS DL-0001 F:ORW	$1.78 Billion
Enliven Therapeutics Inc. NASDAQ:ELVN	$1.78 Billion
Capricor Therapeutics Inc NASDAQ:CAPR	$1.78 Billion

Equity Growth Attribution

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

Equity Growth Insights

From 2023 to 2024, total equity changed from 2,493,388,060 to 1,510,104,218, a change of -983,283,842 (-39.4%).
Net loss of 983,241,220 reduced equity.
Dividend payments of 127,736,545 reduced retained earnings.
Other comprehensive income decreased equity by 42,620.
Other factors increased equity by 127,736,543.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥-983.24 Million	-65.11%
Dividends Paid	CN¥127.74 Million	-8.46%
Other Comprehensive Income	CN¥-42.62K	-0.0%
Other Changes	CN¥127.74 Million	+8.46%
Total Change	CN¥-	-39.44%

Book Value vs Market Value Analysis

This analysis compares Henan Huanghe Whirlwind 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: 7.77x
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 103.81x to 7.77x 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¥0.08	CN¥8.43	x
1996-12-31	CN¥0.10	CN¥8.43	x
1997-12-31	CN¥0.10	CN¥8.43	x
1998-12-31	CN¥0.45	CN¥8.43	x
1999-12-31	CN¥0.52	CN¥8.43	x
2000-12-31	CN¥0.53	CN¥8.43	x
2001-12-31	CN¥0.92	CN¥8.43	x
2002-12-31	CN¥0.93	CN¥8.43	x
2003-12-31	CN¥0.97	CN¥8.43	x
2004-12-31	CN¥1.04	CN¥8.43	x
2005-12-31	CN¥1.11	CN¥8.43	x
2006-12-31	CN¥1.18	CN¥8.43	x
2007-12-31	CN¥1.23	CN¥8.43	x
2008-12-31	CN¥1.27	CN¥8.43	x
2009-12-31	CN¥1.29	CN¥8.43	x
2010-12-31	CN¥1.36	CN¥8.43	x
2011-12-31	CN¥2.05	CN¥8.43	x
2012-12-31	CN¥2.11	CN¥8.43	x
2013-12-31	CN¥2.30	CN¥8.43	x
2014-12-31	CN¥2.51	CN¥8.43	x
2015-12-31	CN¥3.66	CN¥8.43	x
2016-12-31	CN¥3.40	CN¥8.43	x
2017-12-31	CN¥3.35	CN¥8.43	x
2018-12-31	CN¥3.07	CN¥8.43	x
2019-12-31	CN¥3.02	CN¥8.43	x
2020-12-31	CN¥2.31	CN¥8.43	x
2021-12-31	CN¥2.34	CN¥8.43	x
2022-12-31	CN¥2.36	CN¥8.43	x
2023-12-31	CN¥1.79	CN¥8.43	x
2024-12-31	CN¥1.08	CN¥8.43	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Henan Huanghe Whirlwind 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): -65.11%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -75.56%
• Asset Turnover: 0.17x
• Equity Multiplier: 5.15x
Recent ROE (-65.11%) is below the historical average (3.52%), 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	30.18%	12.67%	0.78x	3.05x	CN¥13.45 Million
1996	29.06%	13.73%	0.75x	2.82x	CN¥15.55 Million
1997	39.97%	17.55%	0.76x	2.99x	CN¥24.58 Million
1998	11.22%	23.20%	0.40x	1.21x	CN¥4.49 Million
1999	17.17%	31.68%	0.44x	1.24x	CN¥30.80 Million
2000	11.18%	15.33%	0.46x	1.58x	CN¥5.15 Million
2001	3.88%	10.29%	0.30x	1.26x	CN¥-46.10 Million
2002	3.93%	10.00%	0.29x	1.37x	CN¥-46.45 Million
2003	4.07%	9.30%	0.27x	1.61x	CN¥-47.31 Million
2004	7.01%	11.17%	0.38x	1.64x	CN¥-25.63 Million
2005	7.81%	11.44%	0.39x	1.74x	CN¥-20.01 Million
2006	5.83%	8.63%	0.35x	1.91x	CN¥-40.43 Million
2007	5.68%	8.33%	0.36x	1.91x	CN¥-43.33 Million
2008	3.72%	5.93%	0.33x	1.90x	CN¥-65.26 Million
2009	2.07%	3.67%	0.28x	1.99x	CN¥-84.21 Million
2010	5.69%	7.70%	0.35x	2.13x	CN¥-47.91 Million
2011	7.00%	12.84%	0.32x	1.70x	CN¥-56.04 Million
2012	8.45%	13.62%	0.33x	1.90x	CN¥-31.33 Million
2013	9.47%	13.46%	0.34x	2.05x	CN¥-11.67 Million
2014	9.28%	13.45%	0.33x	2.06x	CN¥-17.32 Million
2015	6.08%	15.13%	0.24x	1.68x	CN¥-177.27 Million
2016	5.51%	12.29%	0.25x	1.79x	CN¥-217.95 Million
2017	1.08%	1.74%	0.28x	2.18x	CN¥-426.22 Million
2018	-5.23%	-7.51%	0.28x	2.45x	CN¥-691.64 Million
2019	0.93%	1.34%	0.27x	2.59x	CN¥-380.79 Million
2020	-30.46%	-40.01%	0.25x	3.10x	CN¥-1.30 Billion
2021	1.32%	1.62%	0.25x	3.28x	CN¥-283.11 Million
2022	0.94%	1.28%	0.25x	2.93x	CN¥-298.37 Million
2023	-32.02%	-50.71%	0.17x	3.61x	CN¥-1.05 Billion
2024	-65.11%	-75.56%	0.17x	5.15x	CN¥-1.13 Billion

Industry Comparison

This section compares Henan Huanghe Whirlwind Co Ltd's net assets metrics with peer companies in the Other Precious Metals & Mining industry.

Industry Context

Industry: Other Precious Metals & Mining
Average net assets among peers: $645,170,427
Average return on equity (ROE) among peers: -9.68%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Henan Huanghe Whirlwind Co Ltd (600172)	CN¥1.03 Billion	30.18%	6.53x	$1.78 Billion
Zhongrun Resources Investment (000506)	$401.54 Million	-32.15%	3.20x	$2.18 Billion
Yintai Resources Co Ltd (000975)	$931.72 Million	1.61%	0.22x	$10.58 Billion
Sino-Platinum Metals Co Ltd (600459)	$602.25 Million	1.52%	0.63x	$2.23 Billion

About Henan Huanghe Whirlwind Co Ltd

SHG:600172 China Other Precious Metals & Mining

Market Cap

$1.78 Billion

CN¥12.16 Billion CNY

Market Cap Rank

#6709 Global

#1547 in China

Share Price

CN¥8.43

Change (1 day)

+1.32%

52-Week Range

CN¥3.81 - CN¥11.09

All Time High

CN¥14.91