Huafang Co Ltd
Huafang Co.,Ltd engages in the printing and dyeing, clothing, textile products, spinning, thermal, chemical, information and financial services, real estate, and other fields in China and internationally. The company offers home textiles, fabrics, clothing line, bedding, fiber, printed and dyed fabrics, and blue platinum series products. It is also involved in the real estate; manufacturing of el… Read more
Huafang Co Ltd (600448) - Net Assets
Latest net assets as of September 2025: CN¥1.13 Billion CNY
Based on the latest financial reports, Huafang Co Ltd (600448) has net assets worth CN¥1.13 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¥3.70 Billion) and total liabilities (CN¥2.57 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¥1.13 Billion |
| % of Total Assets | 30.59% |
| Annual Growth Rate | 7.77% |
| 5-Year Change | -15.43% |
| 10-Year Change | 44.31% |
| Growth Volatility | 38.14 |
Huafang Co Ltd - Net Assets Trend (1998–2024)
This chart illustrates how Huafang 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 Huafang Co Ltd (1998–2024)
The table below shows the annual net assets of Huafang Co Ltd from 1998 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.21 Billion | -3.83% |
| 2023-12-31 | CN¥1.26 Billion | -0.82% |
| 2022-12-31 | CN¥1.27 Billion | -6.60% |
| 2021-12-31 | CN¥1.36 Billion | -5.07% |
| 2020-12-31 | CN¥1.43 Billion | -3.70% |
| 2019-12-31 | CN¥1.48 Billion | +0.90% |
| 2018-12-31 | CN¥1.47 Billion | +1.57% |
| 2017-12-31 | CN¥1.45 Billion | +71.01% |
| 2016-12-31 | CN¥847.09 Million | +1.11% |
| 2015-12-31 | CN¥837.83 Million | +1.44% |
| 2014-12-31 | CN¥825.95 Million | +96.11% |
| 2013-12-31 | CN¥421.18 Million | +4.09% |
| 2012-12-31 | CN¥404.62 Million | -7.40% |
| 2011-12-31 | CN¥436.97 Million | +3.69% |
| 2010-12-31 | CN¥421.41 Million | +5.04% |
| 2009-12-31 | CN¥401.20 Million | -23.78% |
| 2008-12-31 | CN¥526.39 Million | -0.63% |
| 2007-12-31 | CN¥529.75 Million | -13.70% |
| 2006-12-31 | CN¥613.83 Million | +1.19% |
| 2005-12-31 | CN¥606.64 Million | +1.40% |
| 2004-12-31 | CN¥598.27 Million | -16.96% |
| 2003-12-31 | CN¥720.45 Million | +0.85% |
| 2002-12-31 | CN¥714.40 Million | -7.90% |
| 2001-12-31 | CN¥775.70 Million | +152.17% |
| 2000-12-31 | CN¥307.61 Million | +17.17% |
| 1999-12-31 | CN¥262.53 Million | +51.86% |
| 1998-12-31 | CN¥172.88 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Huafang 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 36822773100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥629.82 Million | 52.23% |
| Other Components | CN¥944.28 Million | 78.31% |
| Total Equity | CN¥1.21 Billion | 100.00% |
Huafang Co Ltd Competitors by Market Cap
The table below lists competitors of Huafang Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shanxi Huayang New Material Co Ltd
SHG:600281
|
$235.29 Million |
|
Goodwill E Health Info Co Ltd
SHG:688246
|
$235.29 Million |
|
Envipco Holding N.V.
AS:ENVI
|
$235.29 Million |
|
Norwood Financial Corp
NASDAQ:NWFL
|
$235.31 Million |
|
Plover Bay Technologies Limited
PINK:PBTDF
|
$235.28 Million |
|
Aurionpro Solutions Limited
NSE:AURIONPRO
|
$235.28 Million |
|
Shanxi Tond Chemical Co Ltd
SHE:002360
|
$235.21 Million |
|
DB Financial Investment Co Ltd
KO:016610
|
$235.18 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Huafang Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,253,446,477 to 1,205,873,257, a change of -47,573,220 (-3.8%).
- Net loss of 55,515,530 reduced equity.
- Dividend payments of 77,137,454 reduced retained earnings.
- Other factors increased equity by 85,079,764.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-55.52 Million | -4.6% |
| Dividends Paid | CN¥77.14 Million | -6.4% |
| Other Changes | CN¥85.08 Million | +7.06% |
| Total Change | CN¥- | -3.80% |
Book Value vs Market Value Analysis
This analysis compares Huafang 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: 1.80x
- 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 8.11x to 1.80x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-12-31 | CN¥0.43 | CN¥3.45 | x |
| 1999-12-31 | CN¥0.62 | CN¥3.45 | x |
| 2000-12-31 | CN¥0.69 | CN¥3.45 | x |
| 2001-12-31 | CN¥1.90 | CN¥3.45 | x |
| 2002-12-31 | CN¥1.74 | CN¥3.45 | x |
| 2003-12-31 | CN¥1.77 | CN¥3.45 | x |
| 2004-12-31 | CN¥1.50 | CN¥3.45 | x |
| 2005-12-31 | CN¥1.52 | CN¥3.45 | x |
| 2006-12-31 | CN¥1.75 | CN¥3.45 | x |
| 2007-12-31 | CN¥1.33 | CN¥3.45 | x |
| 2008-12-31 | CN¥1.32 | CN¥3.45 | x |
| 2009-12-31 | CN¥1.02 | CN¥3.45 | x |
| 2010-12-31 | CN¥1.02 | CN¥3.45 | x |
| 2011-12-31 | CN¥1.14 | CN¥3.45 | x |
| 2012-12-31 | CN¥1.22 | CN¥3.45 | x |
| 2013-12-31 | CN¥1.03 | CN¥3.45 | x |
| 2014-12-31 | CN¥1.70 | CN¥3.45 | x |
| 2015-12-31 | CN¥1.67 | CN¥3.45 | x |
| 2016-12-31 | CN¥2.70 | CN¥3.45 | x |
| 2017-12-31 | CN¥1.96 | CN¥3.45 | x |
| 2018-12-31 | CN¥2.33 | CN¥3.45 | x |
| 2019-12-31 | CN¥2.35 | CN¥3.45 | x |
| 2020-12-31 | CN¥2.26 | CN¥3.45 | x |
| 2021-12-31 | CN¥2.15 | CN¥3.45 | x |
| 2022-12-31 | CN¥2.01 | CN¥3.45 | x |
| 2023-12-31 | CN¥1.99 | CN¥3.45 | x |
| 2024-12-31 | CN¥1.91 | CN¥3.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Huafang 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): -4.60%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.89%
- • Asset Turnover: 0.80x
- • Equity Multiplier: 3.03x
- Recent ROE (-4.60%) is below the historical average (-0.50%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | 15.34% | 3.20% | 1.29x | 3.72x | CN¥8.85 Million |
| 1999 | 12.53% | 3.47% | 1.19x | 3.04x | CN¥6.11 Million |
| 2000 | 12.18% | 3.16% | 1.27x | 3.04x | CN¥5.88 Million |
| 2001 | 3.84% | 2.81% | 0.77x | 1.77x | CN¥-45.56 Million |
| 2002 | -6.96% | -4.19% | 0.92x | 1.81x | CN¥-114.94 Million |
| 2003 | 0.33% | 0.18% | 0.98x | 1.90x | CN¥-66.59 Million |
| 2004 | -17.61% | -6.96% | 1.44x | 1.76x | CN¥-161.66 Million |
| 2005 | 1.42% | 0.52% | 1.32x | 2.05x | CN¥-50.97 Million |
| 2006 | 2.48% | 0.83% | 1.35x | 2.20x | CN¥-45.29 Million |
| 2007 | -15.05% | -4.23% | 1.40x | 2.54x | CN¥-129.71 Million |
| 2008 | 0.63% | 0.18% | 1.30x | 2.69x | CN¥-48.29 Million |
| 2009 | -31.97% | -8.95% | 1.13x | 3.15x | CN¥-163.92 Million |
| 2010 | 4.92% | 1.01% | 1.58x | 3.09x | CN¥-20.87 Million |
| 2011 | 3.64% | 0.74% | 1.52x | 3.26x | CN¥-27.11 Million |
| 2012 | 2.05% | 0.39% | 1.54x | 3.45x | CN¥-32.09 Million |
| 2013 | 4.04% | 0.77% | 1.30x | 4.05x | CN¥-25.08 Million |
| 2014 | 2.94% | 1.08% | 1.06x | 2.57x | CN¥-58.28 Million |
| 2015 | 1.50% | 0.55% | 0.94x | 2.90x | CN¥-71.25 Million |
| 2016 | 1.21% | 0.44% | 0.87x | 3.22x | CN¥-74.43 Million |
| 2017 | 0.47% | 0.24% | 0.83x | 2.38x | CN¥-138.00 Million |
| 2018 | 1.43% | 0.64% | 0.90x | 2.48x | CN¥-125.93 Million |
| 2019 | 0.78% | 0.38% | 0.90x | 2.32x | CN¥-136.48 Million |
| 2020 | 1.25% | 0.53% | 0.89x | 2.63x | CN¥-124.63 Million |
| 2021 | -4.22% | -1.58% | 0.94x | 2.85x | CN¥-192.28 Million |
| 2022 | -6.84% | -2.48% | 0.93x | 2.96x | CN¥-212.71 Million |
| 2023 | 0.75% | 0.34% | 0.80x | 2.78x | CN¥-115.90 Million |
| 2024 | -4.60% | -1.89% | 0.80x | 3.03x | CN¥-176.10 Million |
Industry Comparison
This section compares Huafang Co Ltd's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $2,087,528,080
- Average return on equity (ROE) among peers: 3.92%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Huafang Co Ltd (600448) | CN¥1.13 Billion | 15.34% | 2.27x | $235.28 Million |
| Shijiazhuang Changshan Textile Co Ltd (000158) | $6.01 Billion | 5.91% | 1.13x | $2.82 Billion |
| Jilin Chemical Fibre Co Ltd (000420) | $2.78 Billion | 3.08% | 1.22x | $1.35 Billion |
| Anhui Huamao Textile Co Ltd (000850) | $1.46 Billion | 9.44% | 1.18x | $321.50 Million |
| Xinxiang Chemical Fiber Co Ltd (000949) | $5.51 Billion | -7.89% | 1.03x | $1.15 Billion |
| Xinlong Holding Group Co Ltd (000955) | $456.17 Million | 0.57% | 1.07x | $279.03 Million |
| Jiiangsu Times Textile Technology Co.LTD (001234) | $895.28 Million | 7.28% | 0.27x | $106.39 Million |
| Anhui Guqi Down & Feather (001390) | $913.70 Million | 18.41% | 0.55x | $30.69K |
| Huafu Top Dyed Melange Yarn Co Ltd (002042) | $218.05 Million | -26.65% | 0.95x | $570.82 Million |
| Sunvim Group Co Ltd (002083) | $2.51 Billion | 5.50% | 1.43x | $791.11 Million |
| Hongda High-Tech Holding Co Ltd (002144) | $122.66 Million | 23.59% | 1.10x | $232.55 Million |