HLA GROUP CORP LTD

SHG:600398 China Apparel Manufacturing
Market Cap
$4.12 Billion
CN¥30.26 Billion CNY
Market Cap Rank
#5752 Global
#784 in China
Share Price
CN¥6.30
Change (1 day)
-0.32%
52-Week Range
CN¥6.05 - CN¥8.56
All Time High
CN¥10.86
Categories
Companies in China Apparel Manufacturing
About

Hla Group Corp., Ltd. manufactures and sells menswear, womenswear, kids, professional, and home furnishing products in China and internationally. The company offers T-shirts, trousers, shirts, coats, windbreakers, shoes, suits, jackets, down jackets, sweaters, knitwear, home furnishings, accessories, luggage, glasses, vests, skirts, sleeping bag, baby carriage, crib, and other products under the … Read more

HLA GROUP CORP LTD (600398) - Net Assets

Latest net assets as of September 2025: CN¥18.27 Billion CNY

Based on the latest financial reports, HLA GROUP CORP LTD (600398) has net assets worth CN¥18.27 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¥33.09 Billion) and total liabilities (CN¥14.82 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¥18.27 Billion
% of Total Assets 55.21%
Annual Growth Rate 30.31%
5-Year Change 24.42%
10-Year Change 106.94%
Growth Volatility 139.54

HLA GROUP CORP LTD - Net Assets Trend (1997–2024)

This chart illustrates how HLA GROUP CORP 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 HLA GROUP CORP LTD (1997–2024)

The table below shows the annual net assets of HLA GROUP CORP LTD from 1997 to 2024.

Year Net Assets Change
2024-12-31 CN¥17.29 Billion +7.79%
2023-12-31 CN¥16.04 Billion +10.44%
2022-12-31 CN¥14.52 Billion -3.76%
2021-12-31 CN¥15.09 Billion +8.60%
2020-12-31 CN¥13.89 Billion +0.23%
2019-12-31 CN¥13.86 Billion +5.85%
2018-12-31 CN¥13.09 Billion +17.16%
2017-12-31 CN¥11.18 Billion +10.57%
2016-12-31 CN¥10.11 Billion +21.01%
2015-12-31 CN¥8.35 Billion +17.58%
2014-12-31 CN¥7.10 Billion +220.47%
2013-12-31 CN¥2.22 Billion +5.44%
2012-12-31 CN¥2.10 Billion +3.70%
2011-12-31 CN¥2.03 Billion +2.11%
2010-12-31 CN¥1.99 Billion +3.39%
2009-12-31 CN¥1.92 Billion +2.29%
2008-12-31 CN¥1.88 Billion +5.14%
2007-12-31 CN¥1.79 Billion +48.38%
2006-12-31 CN¥1.20 Billion +7.77%
2005-12-31 CN¥1.12 Billion +8.37%
2004-12-31 CN¥1.03 Billion +32.52%
2003-12-31 CN¥777.58 Million +13.24%
2002-12-31 CN¥686.64 Million +14.50%
2001-12-31 CN¥599.67 Million +13.13%
2000-12-31 CN¥530.06 Million +589.54%
1999-12-31 CN¥76.87 Million +458.34%
1998-12-31 CN¥13.77 Million +1.28%
1997-12-31 CN¥13.59 Million --

Equity Component Analysis

This analysis shows how different components contribute to HLA GROUP CORP 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 grown by 1873285.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥9.46 Billion 55.60%
Common Stock CN¥1.48 Billion 8.69%
Other Comprehensive Income CN¥2.23 Billion 13.12%
Other Components CN¥3.84 Billion 22.59%
Total Equity CN¥17.01 Billion 100.00%

HLA GROUP CORP LTD Competitors by Market Cap

The table below lists competitors of HLA GROUP CORP LTD ranked by their market capitalization.

Company Market Cap
PACS Group, Inc.
NYSE:PACS
 		$1.54 Billion
Brookfield Reinsurance Ltd.
NYSE:BNRE
 		$1.54 Billion
Valterra Platinum Limited
PINK:ANGPY
 		$1.54 Billion
BWP Trust
PINK:BUNNF
 		$1.54 Billion
Calibre Mining Corp
OTCQX:CXBMF
 		$1.53 Billion
KENON HLDGS LTD
F:76N
 		$1.53 Billion
Avicopter PLC
SHG:600038
 		$1.53 Billion
Netwealth Group Ltd
AU:NWL
 		$1.53 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in HLA GROUP CORP LTD's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 16,049,615,953 to 17,011,255,052, a change of 961,639,099 (6.0%).
  • Net income of 2,158,602,633 contributed positively to equity growth.
  • Dividend payments of 3,794,188,533 reduced retained earnings.
  • Other comprehensive income increased equity by 207,510,949.
  • Other factors increased equity by 2,389,714,050.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥2.16 Billion +12.69%
Dividends Paid CN¥3.79 Billion -22.3%
Other Comprehensive Income CN¥207.51 Million +1.22%
Other Changes CN¥2.39 Billion +14.05%
Total Change CN¥- 5.99%

Book Value vs Market Value Analysis

This analysis compares HLA GROUP CORP 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: 1.74x
  • 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 302.12x to 1.74x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1997-12-31 CN¥0.02 CN¥6.30 x
1998-12-31 CN¥0.02 CN¥6.30 x
1999-12-31 CN¥0.12 CN¥6.30 x
2000-12-31 CN¥0.81 CN¥6.30 x
2001-12-31 CN¥0.92 CN¥6.30 x
2002-12-31 CN¥1.42 CN¥6.30 x
2003-12-31 CN¥1.60 CN¥6.30 x
2004-12-31 CN¥2.07 CN¥6.30 x
2005-12-31 CN¥2.24 CN¥6.30 x
2006-12-31 CN¥2.47 CN¥6.30 x
2007-12-31 CN¥2.72 CN¥6.30 x
2008-12-31 CN¥2.92 CN¥6.30 x
2009-12-31 CN¥2.84 CN¥6.30 x
2010-12-31 CN¥2.93 CN¥6.30 x
2011-12-31 CN¥3.07 CN¥6.30 x
2012-12-31 CN¥3.14 CN¥6.30 x
2013-12-31 CN¥3.35 CN¥6.30 x
2014-12-31 CN¥1.60 CN¥6.30 x
2015-12-31 CN¥1.85 CN¥6.30 x
2016-12-31 CN¥2.25 CN¥6.30 x
2017-12-31 CN¥2.45 CN¥6.30 x
2018-12-31 CN¥2.85 CN¥6.30 x
2019-12-31 CN¥3.01 CN¥6.30 x
2020-12-31 CN¥3.15 CN¥6.30 x
2021-12-31 CN¥3.31 CN¥6.30 x
2022-12-31 CN¥3.25 CN¥6.30 x
2023-12-31 CN¥3.48 CN¥6.30 x
2024-12-31 CN¥3.63 CN¥6.30 x

Capital Efficiency Dashboard

This dashboard shows how efficiently HLA GROUP CORP 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): 12.69%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 10.30%
  • • Asset Turnover: 0.63x
  • • Equity Multiplier: 1.97x
  • Recent ROE (12.69%) is below the historical average (16.97%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1997 4.37% 8.98% 0.45x 1.08x CN¥-765.39K
1998 15.49% 12.60% 0.60x 2.05x CN¥755.51K
1999 34.06% 19.53% 0.76x 2.31x CN¥18.50 Million
2000 6.39% 12.96% 0.33x 1.48x CN¥-19.05 Million
2001 11.51% 16.31% 0.43x 1.62x CN¥9.00 Million
2002 12.56% 14.71% 0.57x 1.49x CN¥17.49 Million
2003 11.34% 14.26% 0.49x 1.63x CN¥10.31 Million
2004 10.43% 12.55% 0.51x 1.62x CN¥4.28 Million
2005 9.78% 10.84% 0.54x 1.68x CN¥-2.36 Million
2006 8.51% 8.43% 0.48x 2.09x CN¥-17.20 Million
2007 8.44% 11.13% 0.55x 1.39x CN¥-27.07 Million
2008 4.80% 8.56% 0.44x 1.26x CN¥-94.95 Million
2009 4.23% 7.79% 0.45x 1.20x CN¥-108.00 Million
2010 4.44% 7.51% 0.48x 1.24x CN¥-107.72 Million
2011 5.21% 7.38% 0.53x 1.34x CN¥-94.69 Million
2012 5.10% 7.64% 0.46x 1.44x CN¥-100.39 Million
2013 62.57% 18.89% 2.16x 1.54x CN¥1.13 Billion
2014 33.73% 19.25% 0.67x 2.63x CN¥1.67 Billion
2015 35.63% 18.66% 0.68x 2.83x CN¥2.12 Billion
2016 31.09% 18.37% 0.70x 2.43x CN¥2.12 Billion
2017 29.78% 18.29% 0.73x 2.25x CN¥2.21 Billion
2018 26.66% 18.10% 0.65x 2.28x CN¥2.16 Billion
2019 23.60% 14.61% 0.76x 2.13x CN¥1.85 Billion
2020 13.02% 9.94% 0.65x 2.02x CN¥414.43 Million
2021 16.62% 12.34% 0.64x 2.10x CN¥992.58 Million
2022 14.76% 11.61% 0.57x 2.24x CN¥695.15 Million
2023 18.39% 13.71% 0.64x 2.10x CN¥1.35 Billion
2024 12.69% 10.30% 0.63x 1.97x CN¥457.48 Million

Industry Comparison

This section compares HLA GROUP CORP LTD's net assets metrics with peer companies in the Apparel Manufacturing industry.

Industry Context

  • Industry: Apparel Manufacturing
  • Average net assets among peers: $2,325,523,488
  • Average return on equity (ROE) among peers: 10.90%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
HLA GROUP CORP LTD (600398) CN¥18.27 Billion 4.37% 0.81x $1.54 Billion
Zhejiang Weixing Industrial Development Co Ltd (002003) $1.69 Billion 10.00% 0.41x $872.92 Million
Fujian Septwolves Industry Co Ltd (002029) $4.34 Billion 12.93% 0.28x $455.31 Million
Fujian SBS Zipper Science Tech (002098) $907.36 Million 22.11% 1.44x $193.92 Million
Zhejiang Baoxiniao Garment Co Ltd (002154) $4.05 Billion 11.33% 0.48x $465.11 Million
Shanghai Metersbonwe Fashion&Accessories Co Ltd (002269) $451.05 Million 7.04% 5.02x $376.25 Million
Zhejiang Jiaxin Silk Corp Ltd (002404) $1.35 Billion 5.95% 0.28x $265.95 Million
Cedar Development Co Ltd (002485) $1.98 Billion 0.38% 0.24x $115.45 Million
Huasi Agricultural Development Co Ltd (002494) $126.35 Million 16.94% 0.98x $193.25 Million
Zhejiang Semir Garment Co Ltd (002563) $7.76 Billion 15.77% 0.17x $517.45 Million
Zhejiang Busen Garments Co Ltd (002569) $613.00 Million 6.55% 0.44x $191.63 Million