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¥3.32 Billion CNY (≈ $486.25 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¥8.26 Billion ≈ $1.21 Billion USD) and total liabilities (CN¥4.94 Billion ≈ $722.36 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 asset resilience ratio of Hanma Technology Group Co Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.32 Billion |
| % of Total Assets | 40.23% |
| Annual Growth Rate | 20.57% |
| 5-Year Change | 33.67% |
| 10-Year Change | 21.39% |
| Growth Volatility | 118.63 |
Hanma Technology Group Co Ltd - Net Assets Trend (2000–2024)
This chart illustrates how Hanma Technology Group Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Hanma Technology Group Co Ltd assets under control for the complete picture of this company's asset base.
Annual Net Assets for Hanma Technology Group Co Ltd (2000–2024)
The table below shows the annual net assets of Hanma Technology Group Co Ltd from 2000 to 2024. For live valuation and market cap data, see Hanma Technology Group Co Ltd (600375) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 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 47571.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥1.60 Billion | 48.60% |
| Other Components | CN¥6.28 Billion | 190.44% |
| Total Equity | CN¥3.30 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 |
|---|---|
|
Cultural Investment Holdings Co Ltd
SHG:600715
|
$1.24 Billion |
|
Fujian Aonong Biological Technology Group Incorporation Ltd
SHG:603363
|
$1.24 Billion |
|
Henan Yicheng New Energy Co Ltd
SHE:300080
|
$1.24 Billion |
|
Kontron AG
VI:KTN
|
$1.24 Billion |
|
Dowlais Group Plc
LSE:DWL
|
$1.24 Billion |
|
HannStar Board Corp
TW:5469
|
$1.24 Billion |
|
Shen Zhen Bauing Construction Holding Group Co Ltd
SHE:002047
|
$1.24 Billion |
|
Vimeo Inc
NASDAQ:VMEO
|
$1.24 Billion |
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 2023 to 2024, total equity changed from -814,580,000 to 3,298,382,000, a change of 4,112,962,000.
- Net income of 157,232,832 contributed positively to equity growth.
- Dividend payments of 25,974,000 reduced retained earnings.
- Other factors increased equity by 3,981,703,168.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥157.23 Million | +4.77% |
| Dividends Paid | CN¥25.97 Million | -0.79% |
| Other Changes | CN¥3.98 Billion | +120.72% |
| Total Change | CN¥- | % |
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: 2.51x
- 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 26.41x to 2.51x 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¥5.29 | x |
| 2001-12-31 | CN¥0.39 | CN¥5.29 | x |
| 2002-12-31 | CN¥0.79 | CN¥5.29 | x |
| 2003-12-31 | CN¥2.67 | CN¥5.29 | x |
| 2004-12-31 | CN¥2.48 | CN¥5.29 | x |
| 2005-12-31 | CN¥2.43 | CN¥5.29 | x |
| 2006-12-31 | CN¥2.46 | CN¥5.29 | x |
| 2007-12-31 | CN¥2.56 | CN¥5.29 | x |
| 2008-12-31 | CN¥2.57 | CN¥5.29 | x |
| 2009-12-31 | CN¥2.92 | CN¥5.29 | x |
| 2010-12-31 | CN¥5.37 | CN¥5.29 | x |
| 2011-12-31 | CN¥6.54 | CN¥5.29 | x |
| 2012-12-31 | CN¥6.55 | CN¥5.29 | x |
| 2013-12-31 | CN¥8.62 | CN¥5.29 | x |
| 2014-12-31 | CN¥6.44 | CN¥5.29 | x |
| 2015-12-31 | CN¥4.73 | CN¥5.29 | x |
| 2016-12-31 | CN¥4.99 | CN¥5.29 | x |
| 2017-12-31 | CN¥4.92 | CN¥5.29 | x |
| 2018-12-31 | CN¥5.19 | CN¥5.29 | x |
| 2019-12-31 | CN¥5.13 | CN¥5.29 | x |
| 2020-12-31 | CN¥4.30 | CN¥5.29 | x |
| 2021-12-31 | CN¥2.66 | CN¥5.29 | x |
| 2022-12-31 | CN¥0.22 | CN¥5.29 | x |
| 2023-12-31 | CN¥-1.24 | CN¥5.29 | x |
| 2024-12-31 | CN¥2.11 | CN¥5.29 | 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): 4.77%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.72%
- • Asset Turnover: 0.57x
- • Equity Multiplier: 2.25x
- Recent ROE (4.77%) is above the historical average (-38.13%), 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 |
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: $9,733,165,066
- Average return on equity (ROE) among peers: 19.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hanma Technology Group Co Ltd (600375) | CN¥3.32 Billion | 33.67% | 1.49x | $1.24 Billion |
| Zoomlion Heavy Industry Science and Technology Co Ltd (000157) | $47.89 Billion | 15.20% | 1.43x | $8.08 Billion |
| XCMG Construction Machinery Co Ltd (000425) | $24.06 Billion | 4.24% | 1.07x | $17.15 Billion |
| Guangxi Liugong Machinery Co Ltd (000528) | $9.34 Billion | 14.14% | 1.44x | $2.90 Billion |
| Shantui Construction Machinery Co Ltd (000680) | $3.82 Billion | 2.64% | 1.54x | $2.65 Billion |
| JiangSu JiangHuai Engine Co Ltd (000816) | $134.40 Million | 73.87% | 1.44x | $652.17 Million |
| HBIS Resources Co Ltd (000923) | $391.17 Million | 6.47% | 0.75x | $1.72 Billion |
| Sinotruk Jinan Truck Co Ltd (000951) | $4.00 Billion | 16.83% | 3.93x | $3.84 Billion |
| Zhongtong Bus Holding Co Ltd (000957) | $2.59 Billion | 22.66% | 2.13x | $1.04 Billion |
| Sunward Intelligent Equipment Co Ltd (002097) | $5.05 Billion | 9.96% | 2.11x | $1.60 Billion |
| Weihai Guangtai Airport Equipment Co Ltd (002111) | $66.65 Million | 25.70% | 1.46x | $906.17 Million |
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 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 provides chass… Read more