Henan Ancai Hi-tech Co Ltd
Henan Ancai Hi-Tech Co.,Ltd, together with its subsidiaries, engages in the research, development, production, and sale of photovoltaic module packaging glass products in China and internationally. The company offers electronic glass; and photovoltaic glass products, such as solar photovoltaic coated tempered glass and double-glass photovoltaic glass modules. It also provides float glass products… Read more
Henan Ancai Hi-tech Co Ltd (600207) - Net Assets
Latest net assets as of September 2025: CN¥2.47 Billion CNY
Based on the latest financial reports, Henan Ancai Hi-tech Co Ltd (600207) has net assets worth CN¥2.47 Billion 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¥6.49 Billion) and total liabilities (CN¥4.02 Billion). 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¥2.47 Billion |
| % of Total Assets | 38.11% |
| Annual Growth Rate | 8.38% |
| 5-Year Change | 66.52% |
| 10-Year Change | 229.76% |
| Growth Volatility | 181.57 |
Henan Ancai Hi-tech Co Ltd - Net Assets Trend (1996–2024)
This chart illustrates how Henan Ancai Hi-tech 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 Henan Ancai Hi-tech Co Ltd (1996–2024)
The table below shows the annual net assets of Henan Ancai Hi-tech Co Ltd from 1996 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.88 Billion | -13.08% |
| 2023-12-31 | CN¥3.32 Billion | +1.85% |
| 2022-12-31 | CN¥3.26 Billion | +67.15% |
| 2021-12-31 | CN¥1.95 Billion | +12.53% |
| 2020-12-31 | CN¥1.73 Billion | +6.94% |
| 2019-12-31 | CN¥1.62 Billion | +1.31% |
| 2018-12-31 | CN¥1.60 Billion | -17.54% |
| 2017-12-31 | CN¥1.94 Billion | +0.06% |
| 2016-12-31 | CN¥1.94 Billion | +121.55% |
| 2015-12-31 | CN¥874.85 Million | +2.43% |
| 2014-12-31 | CN¥854.13 Million | -24.01% |
| 2013-12-31 | CN¥1.12 Billion | +914.96% |
| 2012-12-31 | CN¥110.75 Million | -78.04% |
| 2011-12-31 | CN¥504.26 Million | +3.93% |
| 2010-12-31 | CN¥485.17 Million | +8.40% |
| 2009-12-31 | CN¥447.57 Million | -71.15% |
| 2008-12-31 | CN¥1.55 Billion | +3.80% |
| 2007-12-31 | CN¥1.49 Billion | -4.26% |
| 2006-12-31 | CN¥1.56 Billion | -32.01% |
| 2005-12-31 | CN¥2.30 Billion | -10.15% |
| 2004-12-31 | CN¥2.56 Billion | +4.11% |
| 2003-12-31 | CN¥2.45 Billion | +12.81% |
| 2002-12-31 | CN¥2.18 Billion | +0.40% |
| 2001-12-31 | CN¥2.17 Billion | +0.47% |
| 2000-12-31 | CN¥2.16 Billion | +18.35% |
| 1999-12-31 | CN¥1.82 Billion | +334.15% |
| 1998-12-31 | CN¥419.88 Million | +38.39% |
| 1997-12-31 | CN¥303.41 Million | 0.00% |
| 1996-12-31 | CN¥303.41 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Henan Ancai Hi-tech 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 251816486500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥1.09 Billion | 39.60% |
| Other Comprehensive Income | CN¥407.11 Million | 14.80% |
| Other Components | CN¥3.77 Billion | 137.15% |
| Total Equity | CN¥2.75 Billion | 100.00% |
Henan Ancai Hi-tech Co Ltd Competitors by Market Cap
The table below lists competitors of Henan Ancai Hi-tech Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Talant Optronics (Suzhou) Co. Ltd.
SHE:301045
|
$334.33 Million |
|
Shanghai Rongtai Health Tech
SHG:603579
|
$334.36 Million |
|
Cryoport Inc
NASDAQ:CYRX
|
$334.40 Million |
|
Prima Meat Packers, Ltd.
F:83X
|
$334.42 Million |
|
Kossan Rubber Industries Bhd
PINK:KSRBF
|
$334.29 Million |
|
POWERFLEET INC. DL-01
F:3LO
|
$334.13 Million |
|
Nano Dimension Ltd
NASDAQ:NNDM
|
$334.09 Million |
|
BANDWID.INC. CL.A DL-001
F:5XB
|
$334.09 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Henan Ancai Hi-tech Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,110,065,717 to 2,750,664,962, a change of -359,400,755 (-11.6%).
- Net loss of 353,699,414 reduced equity.
- Dividend payments of 61,356,482 reduced retained earnings.
- Other comprehensive income decreased equity by 5,701,341.
- Other factors increased equity by 61,356,482.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-353.70 Million | -12.86% |
| Dividends Paid | CN¥61.36 Million | -2.23% |
| Other Comprehensive Income | CN¥-5.70 Million | -0.21% |
| Other Changes | CN¥61.36 Million | +2.23% |
| Total Change | CN¥- | -11.56% |
Book Value vs Market Value Analysis
This analysis compares Henan Ancai Hi-tech 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: 2.22x
- 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 8.15x to 2.22x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-12-31 | CN¥0.69 | CN¥5.61 | x |
| 1997-12-31 | CN¥0.69 | CN¥5.61 | x |
| 1998-12-31 | CN¥0.95 | CN¥5.61 | x |
| 1999-12-31 | CN¥4.14 | CN¥5.61 | x |
| 2000-12-31 | CN¥4.84 | CN¥5.61 | x |
| 2001-12-31 | CN¥4.88 | CN¥5.61 | x |
| 2002-12-31 | CN¥4.90 | CN¥5.61 | x |
| 2003-12-31 | CN¥5.43 | CN¥5.61 | x |
| 2004-12-31 | CN¥5.66 | CN¥5.61 | x |
| 2005-12-31 | CN¥4.95 | CN¥5.61 | x |
| 2006-12-31 | CN¥3.04 | CN¥5.61 | x |
| 2007-12-31 | CN¥3.13 | CN¥5.61 | x |
| 2008-12-31 | CN¥3.28 | CN¥5.61 | x |
| 2009-12-31 | CN¥0.84 | CN¥5.61 | x |
| 2010-12-31 | CN¥0.92 | CN¥5.61 | x |
| 2011-12-31 | CN¥0.94 | CN¥5.61 | x |
| 2012-12-31 | CN¥0.08 | CN¥5.61 | x |
| 2013-12-31 | CN¥1.78 | CN¥5.61 | x |
| 2014-12-31 | CN¥1.12 | CN¥5.61 | x |
| 2015-12-31 | CN¥1.15 | CN¥5.61 | x |
| 2016-12-31 | CN¥2.49 | CN¥5.61 | x |
| 2017-12-31 | CN¥2.20 | CN¥5.61 | x |
| 2018-12-31 | CN¥1.82 | CN¥5.61 | x |
| 2019-12-31 | CN¥1.85 | CN¥5.61 | x |
| 2020-12-31 | CN¥1.98 | CN¥5.61 | x |
| 2021-12-31 | CN¥2.18 | CN¥5.61 | x |
| 2022-12-31 | CN¥3.62 | CN¥5.61 | x |
| 2023-12-31 | CN¥2.85 | CN¥5.61 | x |
| 2024-12-31 | CN¥2.53 | CN¥5.61 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Henan Ancai Hi-tech 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): -12.86%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -8.15%
- • Asset Turnover: 0.66x
- • Equity Multiplier: 2.38x
- Recent ROE (-12.86%) is above the historical average (-39.96%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | 50.74% | 19.31% | 0.80x | 3.30x | CN¥123.60 Million |
| 1997 | 33.76% | 16.46% | 0.68x | 3.03x | CN¥72.09 Million |
| 1998 | 31.00% | 17.81% | 0.75x | 2.32x | CN¥88.18 Million |
| 1999 | 12.11% | 22.87% | 0.35x | 1.50x | CN¥38.52 Million |
| 2000 | 24.78% | 25.07% | 0.66x | 1.50x | CN¥314.97 Million |
| 2001 | 6.83% | 10.58% | 0.46x | 1.41x | CN¥-68.19 Million |
| 2002 | 4.49% | 5.47% | 0.55x | 1.49x | CN¥-118.96 Million |
| 2003 | 9.63% | 10.77% | 0.57x | 1.58x | CN¥-8.81 Million |
| 2004 | 9.36% | 8.04% | 0.69x | 1.69x | CN¥-15.96 Million |
| 2005 | -8.37% | -7.93% | 0.56x | 1.87x | CN¥-400.48 Million |
| 2006 | -62.83% | -42.95% | 0.59x | 2.46x | CN¥-975.73 Million |
| 2007 | 1.54% | 1.23% | 0.58x | 2.18x | CN¥-116.44 Million |
| 2008 | 4.04% | 3.10% | 0.72x | 1.80x | CN¥-85.95 Million |
| 2009 | -287.65% | -157.54% | 0.37x | 4.91x | CN¥-1.10 Billion |
| 2010 | 8.08% | 2.59% | 0.67x | 4.68x | CN¥-7.73 Million |
| 2011 | 2.34% | 0.84% | 0.47x | 5.89x | CN¥-31.65 Million |
| 2012 | -955.88% | -25.36% | 0.56x | 67.10x | CN¥-349.48 Million |
| 2013 | 0.96% | 0.57% | 0.61x | 2.76x | CN¥-94.18 Million |
| 2014 | -34.89% | -14.11% | 0.66x | 3.76x | CN¥-347.33 Million |
| 2015 | 2.35% | 1.05% | 0.75x | 2.97x | CN¥-60.69 Million |
| 2016 | 0.50% | 0.51% | 0.78x | 1.26x | CN¥-180.20 Million |
| 2017 | 0.48% | 0.46% | 0.85x | 1.22x | CN¥-181.44 Million |
| 2018 | -21.14% | -15.59% | 1.08x | 1.25x | CN¥-489.90 Million |
| 2019 | 1.25% | 0.99% | 0.95x | 1.34x | CN¥-139.49 Million |
| 2020 | 6.51% | 4.85% | 0.93x | 1.44x | CN¥-59.47 Million |
| 2021 | 11.19% | 6.31% | 0.72x | 2.45x | CN¥22.46 Million |
| 2022 | 3.55% | 2.68% | 0.56x | 2.36x | CN¥-201.41 Million |
| 2023 | -0.62% | -0.37% | 0.74x | 2.24x | CN¥-330.29 Million |
| 2024 | -12.86% | -8.15% | 0.66x | 2.38x | CN¥-628.77 Million |
Industry Comparison
This section compares Henan Ancai Hi-tech Co Ltd's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $978,124,373
- Average return on equity (ROE) among peers: 8.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Henan Ancai Hi-tech Co Ltd (600207) | CN¥2.47 Billion | 50.74% | 1.62x | $334.33 Million |
| China Baoan Group Co Ltd (000009) | $1.27 Billion | 1.07% | 2.24x | $1.86 Billion |
| Yunding Technology Co Ltd (000409) | $941.98 Million | 8.55% | 0.27x | $527.49 Million |
| Create Technology & Science Co Ltd (000551) | $251.29 Million | 12.94% | 2.35x | $557.14 Million |
| Sundiro Holding Co Ltd (000571) | $1.77 Billion | 7.65% | 0.23x | $606.69 Million |
| Guangdong Ganhua Science & Industry Co Ltd (000576) | $701.02 Million | 10.07% | 0.54x | $356.12 Million |
| Macrolink Real Estate Co Ltd (000620) | $143.94 Million | 0.00% | 3.19x | $1.86 Billion |
| Tianjin Economic-technological Development Area Co Ltd (000652) | $571.94 Million | 29.23% | 0.30x | $544.91 Million |
| CHTC Helon Co Ltd (000677) | $529.22 Million | 4.03% | 1.82x | $434.09 Million |
| Gansu Yatai Industrial Development Co Ltd (000691) | $673.22 Million | 5.50% | 0.58x | $290.70 Million |
| Hunan Fazhan Industrial Co Ltd (000722) | $2.92 Billion | 3.04% | 0.07x | $393.69 Million |