Hanma Technology Group Co Ltd (600375) - Net Assets
Based on the latest financial reports, Hanma Technology Group Co Ltd (600375) has net assets worth CN¥3.38 Billion CNY (≈ $494.25 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥8.98 Billion ≈ $1.31 Billion USD) and total liabilities (CN¥5.60 Billion ≈ $819.87 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 Hanma Technology Group Co Ltd (600375) strategic asset index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.38 Billion |
| % of Total Assets | 37.61% |
| Annual Growth Rate | 19.78% |
| 5-Year Change | 96.14% |
| 10-Year Change | 21.34% |
| Growth Volatility | 116.14 |
Hanma Technology Group Co Ltd - Net Assets Trend (2000–2025)
This chart illustrates how Hanma Technology Group Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market cap of Hanma Technology Group Co Ltd.
Annual Net Assets for Hanma Technology Group Co Ltd (2000–2025)
The table below shows the annual net assets of Hanma Technology Group Co Ltd from 2000 to 2025. Also explore Hanma Technology Group Co Ltd net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥3.35 Billion ≈ $490.53 Million |
+2.35% |
| 2024-12-31 | CN¥3.28 Billion ≈ $479.28 Million |
+531.97% |
| 2023-12-31 | CN¥-758.21 Million ≈ $-110.95 Million |
-428.51% |
| 2022-12-31 | CN¥230.80 Million ≈ $33.77 Million |
-86.50% |
| 2021-12-31 | CN¥1.71 Billion ≈ $250.09 Million |
-30.25% |
| 2020-12-31 | CN¥2.45 Billion ≈ $358.56 Million |
-15.94% |
| 2019-12-31 | CN¥2.92 Billion ≈ $426.56 Million |
+0.99% |
| 2018-12-31 | CN¥2.89 Billion ≈ $422.37 Million |
+2.03% |
| 2017-12-31 | CN¥2.83 Billion ≈ $413.99 Million |
+2.41% |
| 2016-12-31 | CN¥2.76 Billion ≈ $404.25 Million |
+2.39% |
| 2015-12-31 | CN¥2.70 Billion ≈ $394.81 Million |
-26.06% |
| 2014-12-31 | CN¥3.65 Billion ≈ $533.94 Million |
-13.44% |
| 2013-12-31 | CN¥4.22 Billion ≈ $616.87 Million |
+54.98% |
| 2012-12-31 | CN¥2.72 Billion ≈ $398.04 Million |
+1.09% |
| 2011-12-31 | CN¥2.69 Billion ≈ $393.74 Million |
+222.72% |
| 2010-12-31 | CN¥833.77 Million ≈ $122.01 Million |
+51.61% |
| 2009-12-31 | CN¥549.96 Million ≈ $80.48 Million |
+13.19% |
| 2008-12-31 | CN¥485.88 Million ≈ $71.10 Million |
+0.81% |
| 2007-12-31 | CN¥481.96 Million ≈ $70.53 Million |
+6.33% |
| 2006-12-31 | CN¥453.28 Million ≈ $66.33 Million |
+1.55% |
| 2005-12-31 | CN¥446.37 Million ≈ $65.32 Million |
-2.11% |
| 2004-12-31 | CN¥455.98 Million ≈ $66.72 Million |
-6.97% |
| 2003-12-31 | CN¥490.13 Million ≈ $71.72 Million |
+239.03% |
| 2002-12-31 | CN¥144.57 Million ≈ $21.16 Million |
+100.44% |
| 2001-12-31 | CN¥72.13 Million ≈ $10.55 Million |
+96.20% |
| 2000-12-31 | CN¥36.76 Million ≈ $5.38 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Hanma Technology Group 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 47079.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥7.91 Billion | 234.72% |
| Total Equity | CN¥3.37 Billion | 100.00% |
Hanma Technology Group Co Ltd Competitors by Market Cap
The table below lists competitors of Hanma Technology Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nufarm Ltd
AU:NUF
|
$875.48 Million |
|
Marimaca Copper Corp.
AU:MC2
|
$875.80 Million |
|
Yotrio Group Co Ltd
SHE:002489
|
$876.01 Million |
|
Railtel Corporation Of India Limited
NSE:RAILTEL
|
$876.04 Million |
|
Blacksky Technology Inc
NYSE:BKSY
|
$874.97 Million |
|
CH. Karnchang Public Company Limited
BK:CK-R
|
$874.67 Million |
|
Zhejiang Kingland Pipeline and Technologies Co Ltd
SHE:002443
|
$874.44 Million |
|
Eletromidia S.A
SA:ELMD3
|
$874.17 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hanma Technology Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,298,382,000 to 3,368,860,956, a change of 70,478,956 (2.1%).
- Net income of 47,579,098 contributed positively to equity growth.
- Dividend payments of 31,821,491 reduced retained earnings.
- Other factors increased equity by 54,721,349.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥47.58 Million | +1.41% |
| Dividends Paid | CN¥31.82 Million | -0.94% |
| Other Changes | CN¥54.72 Million | +1.62% |
| Total Change | CN¥- | 2.14% |
Book Value vs Market Value Analysis
This analysis compares Hanma Technology Group 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: 1.77x
- 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 18.62x to 1.77x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-12-31 | CN¥0.20 | CN¥3.73 | x |
| 2001-12-31 | CN¥0.39 | CN¥3.73 | x |
| 2002-12-31 | CN¥0.79 | CN¥3.73 | x |
| 2003-12-31 | CN¥2.67 | CN¥3.73 | x |
| 2004-12-31 | CN¥2.48 | CN¥3.73 | x |
| 2005-12-31 | CN¥2.43 | CN¥3.73 | x |
| 2006-12-31 | CN¥2.46 | CN¥3.73 | x |
| 2007-12-31 | CN¥2.56 | CN¥3.73 | x |
| 2008-12-31 | CN¥2.57 | CN¥3.73 | x |
| 2009-12-31 | CN¥2.92 | CN¥3.73 | x |
| 2010-12-31 | CN¥5.37 | CN¥3.73 | x |
| 2011-12-31 | CN¥6.54 | CN¥3.73 | x |
| 2012-12-31 | CN¥6.55 | CN¥3.73 | x |
| 2013-12-31 | CN¥8.62 | CN¥3.73 | x |
| 2014-12-31 | CN¥6.44 | CN¥3.73 | x |
| 2015-12-31 | CN¥4.73 | CN¥3.73 | x |
| 2016-12-31 | CN¥4.99 | CN¥3.73 | x |
| 2017-12-31 | CN¥4.92 | CN¥3.73 | x |
| 2018-12-31 | CN¥5.19 | CN¥3.73 | x |
| 2019-12-31 | CN¥5.13 | CN¥3.73 | x |
| 2020-12-31 | CN¥4.30 | CN¥3.73 | x |
| 2021-12-31 | CN¥2.66 | CN¥3.73 | x |
| 2022-12-31 | CN¥0.22 | CN¥3.73 | x |
| 2023-12-31 | CN¥-1.24 | CN¥3.73 | x |
| 2024-12-31 | CN¥2.11 | CN¥3.73 | x |
| 2025-12-31 | CN¥2.10 | CN¥3.73 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hanma Technology Group 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): 1.41%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.73%
- • Asset Turnover: 0.79x
- • Equity Multiplier: 2.46x
- Recent ROE (1.41%) is above the historical average (-36.61%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 33.67% | 4.94% | 2.13x | 3.19x | CN¥8.70 Million |
| 2001 | 47.96% | 6.69% | 2.65x | 2.70x | CN¥27.38 Million |
| 2002 | 53.84% | 6.57% | 2.54x | 3.22x | CN¥63.39 Million |
| 2003 | 9.43% | 2.73% | 1.71x | 2.02x | CN¥-2.81 Million |
| 2004 | 2.86% | 0.96% | 1.07x | 2.77x | CN¥-32.47 Million |
| 2005 | 4.86% | 1.85% | 1.01x | 2.60x | CN¥-22.88 Million |
| 2006 | 6.90% | 1.81% | 1.18x | 3.22x | CN¥-14.03 Million |
| 2007 | 8.21% | 1.90% | 1.29x | 3.36x | CN¥-8.64 Million |
| 2008 | 4.67% | 1.22% | 1.17x | 3.25x | CN¥-25.92 Million |
| 2009 | 15.06% | 3.16% | 1.51x | 3.16x | CN¥27.83 Million |
| 2010 | 12.26% | 6.74% | 1.92x | 0.95x | CN¥49.31 Million |
| 2011 | 18.95% | 7.37% | 1.16x | 2.23x | CN¥238.44 Million |
| 2012 | 6.26% | 3.75% | 0.65x | 2.58x | CN¥-100.32 Million |
| 2013 | 6.04% | 3.78% | 0.78x | 2.04x | CN¥-162.86 Million |
| 2014 | -10.56% | -7.53% | 0.57x | 2.47x | CN¥-732.85 Million |
| 2015 | -35.97% | -26.62% | 0.40x | 3.35x | CN¥-1.21 Billion |
| 2016 | 2.81% | 1.87% | 0.41x | 3.63x | CN¥-193.68 Million |
| 2017 | 2.03% | 0.93% | 0.56x | 3.87x | CN¥-219.07 Million |
| 2018 | 2.12% | 0.82% | 0.58x | 4.45x | CN¥-221.31 Million |
| 2019 | 1.52% | 0.68% | 0.51x | 4.36x | CN¥-242.10 Million |
| 2020 | -20.55% | -7.63% | 0.51x | 5.29x | CN¥-729.37 Million |
| 2021 | -80.76% | -25.12% | 0.46x | 6.97x | CN¥-1.50 Billion |
| 2022 | -1049.61% | -43.56% | 0.39x | 61.80x | CN¥-1.51 Billion |
| 2023 | 0.00% | -24.83% | 0.49x | 0.00x | CN¥-881.23 Million |
| 2024 | 4.77% | 3.72% | 0.57x | 2.25x | CN¥-172.61 Million |
| 2025 | 1.41% | 0.73% | 0.79x | 2.46x | CN¥-289.31 Million |
Industry Comparison
This section compares Hanma Technology Group Co Ltd's net assets metrics with peer companies in the Farm & Heavy Construction Machinery industry.
Industry Context
- Industry: Farm & Heavy Construction Machinery
- Average net assets among peers: $8,904,072,814
- Average return on equity (ROE) among peers: 4.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hanma Technology Group Co Ltd (600375) | CN¥3.38 Billion | 33.67% | 1.66x | $874.98 Million |
| Zoomlion Heavy Industry Science and Technology Co Ltd (000157) | $38.23 Billion | 3.48% | 1.18x | $6.71 Billion |
| XCMG Construction Machinery Co Ltd (000425) | $380.10 Million | 12.31% | 2.33x | $13.43 Billion |
| Guangxi Liugong Machinery Co Ltd (000528) | $714.13 Million | 3.36% | 0.59x | $2.44 Billion |
| Shantui Construction Machinery Co Ltd (000680) | $547.58 Million | 3.33% | 1.17x | $2.18 Billion |
| Faw Car Co Ltd (000800) | $25.05 Billion | 3.22% | 1.72x | $4.31 Billion |
| JiangSu JiangHuai Engine Co Ltd (000816) | $1.18 Billion | 7.08% | 1.44x | $586.53 Million |
| HBIS Resources Co Ltd (000923) | $530.23 Million | 2.08% | 0.88x | $1.51 Billion |
| Sinotruk Jinan Truck Co Ltd (000951) | $4.22 Billion | 1.10% | 2.26x | $3.64 Billion |
| Zhongtong Bus Holding Co Ltd (000957) | $461.59 Million | 1.83% | 1.80x | $878.02 Million |
| Infore Environment Technology Group Co Ltd (000967) | $17.74 Billion | 2.36% | 0.65x | $3.93 Billion |
About Hanma Technology Group Co Ltd
Hanma Technology Group Co.,Ltd. engages in the research and development, manufacture, and sale of heavy trucks, special vehicles, and auto parts in the People's Republic of China. It offers electric and new energy tractors, dump trucks, mixer trucks, and port tractors; alcohol hydrogen electric mixer trucks, dump trucks, and tractors; truck-mounted cranes; engines; and axles products. The company… Read more