Henan Ancai Hi-tech Co Ltd

SHG:600207 China Conglomerates
Market Cap
$832.88 Million
CN¥6.11 Billion CNY
Market Cap Rank
#12319 Global
#3033 in China
Share Price
CN¥5.61
Change (1 day)
-2.43%
52-Week Range
CN¥3.66 - CN¥6.07
All Time High
CN¥16.65
About

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.

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