Guangdong Hec Technology Holding Co Ltd Class A
Guangdong HEC Technology Holding Co., Ltd, together with its subsidiaries, manufactures and sells electronic components, aluminum foil, new chemical materials, energy materials, and liquid cooling technology in China and internationally. The company offers aluminum electrolytic capacitors, multilayer foil capacitors, supercapacitors, electronic optical foil, and electrode foils, including corrosi… Read more
Guangdong Hec Technology Holding Co Ltd Class A (600673) - Net Assets
Latest net assets as of September 2025: CN¥10.07 Billion CNY
Based on the latest financial reports, Guangdong Hec Technology Holding Co Ltd Class A (600673) has net assets worth CN¥10.07 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¥29.20 Billion) and total liabilities (CN¥19.13 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¥10.07 Billion |
| % of Total Assets | 34.48% |
| Annual Growth Rate | 14.34% |
| 5-Year Change | -4.49% |
| 10-Year Change | 126.2% |
| Growth Volatility | 125.8 |
Guangdong Hec Technology Holding Co Ltd Class A - Net Assets Trend (1993–2024)
This chart illustrates how Guangdong Hec Technology Holding Co Ltd Class A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Guangdong Hec Technology Holding Co Ltd Class A (1993–2024)
The table below shows the annual net assets of Guangdong Hec Technology Holding Co Ltd Class A from 1993 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥9.46 Billion | -6.77% |
| 2023-12-31 | CN¥10.14 Billion | -0.38% |
| 2022-12-31 | CN¥10.18 Billion | +12.44% |
| 2021-12-31 | CN¥9.06 Billion | -8.54% |
| 2020-12-31 | CN¥9.90 Billion | +1.25% |
| 2019-12-31 | CN¥9.78 Billion | +5.85% |
| 2018-12-31 | CN¥9.24 Billion | +92.03% |
| 2017-12-31 | CN¥4.81 Billion | +14.38% |
| 2016-12-31 | CN¥4.21 Billion | +0.60% |
| 2015-12-31 | CN¥4.18 Billion | -0.09% |
| 2014-12-31 | CN¥4.18 Billion | +24.86% |
| 2013-12-31 | CN¥3.35 Billion | -1.58% |
| 2012-12-31 | CN¥3.40 Billion | +4.14% |
| 2011-12-31 | CN¥3.27 Billion | +10.65% |
| 2010-12-31 | CN¥2.95 Billion | +28.03% |
| 2009-12-31 | CN¥2.31 Billion | +0.46% |
| 2008-12-31 | CN¥2.30 Billion | +3.48% |
| 2007-12-31 | CN¥2.22 Billion | +686.73% |
| 2006-12-31 | CN¥282.20 Million | +27.42% |
| 2005-12-31 | CN¥221.47 Million | +10.24% |
| 2004-12-31 | CN¥200.90 Million | +15.57% |
| 2003-12-31 | CN¥173.83 Million | +35.98% |
| 2002-12-31 | CN¥127.83 Million | +1.89% |
| 2001-12-31 | CN¥125.46 Million | -3.90% |
| 2000-12-31 | CN¥130.55 Million | -10.55% |
| 1999-12-31 | CN¥145.95 Million | -33.75% |
| 1998-12-31 | CN¥220.31 Million | -14.22% |
| 1997-12-31 | CN¥256.82 Million | +1.07% |
| 1996-12-31 | CN¥254.10 Million | +0.99% |
| 1995-12-31 | CN¥251.62 Million | -- |
| 1994-12-31 | CN¥0.00 | -- |
| 1993-12-31 | CN¥148.40 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Guangdong Hec Technology Holding Co Ltd Class A'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 16113.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥4.20 Billion | 45.98% |
| Common Stock | CN¥3.01 Billion | 32.97% |
| Other Components | CN¥1.92 Billion | 21.05% |
| Total Equity | CN¥9.14 Billion | 100.00% |
Guangdong Hec Technology Holding Co Ltd Class A Competitors by Market Cap
The table below lists competitors of Guangdong Hec Technology Holding Co Ltd Class A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PSP Swiss Property AG
PINK:PSPSF
|
$6.77 Billion |
|
Liberty Broadband Srs C
NASDAQ:LBRDK
|
$6.78 Billion |
|
Henan Shenhuo Coal & Power Co Ltd
SHE:000933
|
$6.78 Billion |
|
Sartorius AG VZO O.N.
XETRA:SRT
|
$6.78 Billion |
|
BrightSpring Health Services, Inc. Common Stock
NASDAQ:BTSG
|
$6.77 Billion |
|
Evolution Gaming Group AB
LSE:0RQ6
|
$6.76 Billion |
|
Sasol Ltd
NYSE:SSL
|
$6.76 Billion |
|
Square Enix Holdings Co. Ltd
PINK:SQNXF
|
$6.75 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Guangdong Hec Technology Holding Co Ltd Class A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 9,802,127,234 to 9,140,365,997, a change of -661,761,237 (-6.8%).
- Net income of 374,988,011 contributed positively to equity growth.
- Dividend payments of 1,369,877,059 reduced retained earnings.
- Share repurchases of 54,954,596 reduced equity.
- Other factors increased equity by 388,082,407.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥374.99 Million | +4.1% |
| Dividends Paid | CN¥1.37 Billion | -14.99% |
| Share Repurchases | CN¥54.95 Million | -0.6% |
| Other Changes | CN¥388.08 Million | +4.25% |
| Total Change | CN¥- | -6.75% |
Book Value vs Market Value Analysis
This analysis compares Guangdong Hec Technology Holding Co Ltd Class A'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: 10.99x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 164.85x to 10.99x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-12-31 | CN¥0.21 | CN¥34.82 | x |
| 1994-12-31 | CN¥0.34 | CN¥34.82 | x |
| 1995-12-31 | CN¥0.35 | CN¥34.82 | x |
| 1996-12-31 | CN¥0.35 | CN¥34.82 | x |
| 1997-12-31 | CN¥0.36 | CN¥34.82 | x |
| 1998-12-31 | CN¥0.30 | CN¥34.82 | x |
| 1999-12-31 | CN¥0.20 | CN¥34.82 | x |
| 2000-12-31 | CN¥0.18 | CN¥34.82 | x |
| 2001-12-31 | CN¥0.18 | CN¥34.82 | x |
| 2002-12-31 | CN¥0.18 | CN¥34.82 | x |
| 2003-12-31 | CN¥0.25 | CN¥34.82 | x |
| 2004-12-31 | CN¥0.29 | CN¥34.82 | x |
| 2005-12-31 | CN¥0.32 | CN¥34.82 | x |
| 2006-12-31 | CN¥0.37 | CN¥34.82 | x |
| 2007-12-31 | CN¥2.42 | CN¥34.82 | x |
| 2008-12-31 | CN¥0.86 | CN¥34.82 | x |
| 2009-12-31 | CN¥0.91 | CN¥34.82 | x |
| 2010-12-31 | CN¥1.02 | CN¥34.82 | x |
| 2011-12-31 | CN¥1.16 | CN¥34.82 | x |
| 2012-12-31 | CN¥1.23 | CN¥34.82 | x |
| 2013-12-31 | CN¥1.16 | CN¥34.82 | x |
| 2014-12-31 | CN¥1.37 | CN¥34.82 | x |
| 2015-12-31 | CN¥1.45 | CN¥34.82 | x |
| 2016-12-31 | CN¥1.33 | CN¥34.82 | x |
| 2017-12-31 | CN¥1.42 | CN¥34.82 | x |
| 2018-12-31 | CN¥2.24 | CN¥34.82 | x |
| 2019-12-31 | CN¥2.37 | CN¥34.82 | x |
| 2020-12-31 | CN¥2.41 | CN¥34.82 | x |
| 2021-12-31 | CN¥2.99 | CN¥34.82 | x |
| 2022-12-31 | CN¥3.36 | CN¥34.82 | x |
| 2023-12-31 | CN¥3.33 | CN¥34.82 | x |
| 2024-12-31 | CN¥3.17 | CN¥34.82 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Guangdong Hec Technology Holding Co Ltd Class A 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): 4.10%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.07%
- • Asset Turnover: 0.48x
- • Equity Multiplier: 2.77x
- Recent ROE (4.10%) is below the historical average (6.32%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 17.47% | 14.78% | 0.49x | 2.42x | CN¥11.08 Million |
| 1994 | 7.74% | 13.26% | 0.29x | 2.05x | CN¥-5.46 Million |
| 1995 | 3.33% | 5.01% | 0.32x | 2.06x | CN¥-16.37 Million |
| 1996 | 0.91% | 1.86% | 0.25x | 1.99x | CN¥-22.53 Million |
| 1997 | 1.09% | 2.22% | 0.25x | 1.96x | CN¥-22.35 Million |
| 1998 | -17.17% | -34.12% | 0.23x | 2.16x | CN¥-58.16 Million |
| 1999 | 1.76% | 2.65% | 0.25x | 2.62x | CN¥-11.53 Million |
| 2000 | 0.98% | 1.10% | 0.34x | 2.64x | CN¥-11.59 Million |
| 2001 | 2.11% | 1.98% | 0.39x | 2.69x | CN¥-9.76 Million |
| 2002 | 1.87% | 1.55% | 0.49x | 2.49x | CN¥-10.24 Million |
| 2003 | 7.70% | 5.96% | 0.68x | 1.91x | CN¥-4.00 Million |
| 2004 | 13.48% | 5.56% | 1.50x | 1.62x | CN¥6.98 Million |
| 2005 | 11.79% | 5.19% | 1.37x | 1.66x | CN¥3.96 Million |
| 2006 | 10.05% | 3.83% | 1.11x | 2.37x | CN¥119.20K |
| 2007 | 2.39% | 4.14% | 0.21x | 2.70x | CN¥-140.27 Million |
| 2008 | 6.27% | 4.82% | 0.49x | 2.67x | CN¥-70.69 Million |
| 2009 | 3.80% | 2.99% | 0.47x | 2.71x | CN¥-116.97 Million |
| 2010 | 11.36% | 6.59% | 0.65x | 2.67x | CN¥29.65 Million |
| 2011 | 11.62% | 6.03% | 0.68x | 2.83x | CN¥40.03 Million |
| 2012 | 5.92% | 3.48% | 0.57x | 2.97x | CN¥-105.78 Million |
| 2013 | 5.96% | 3.01% | 0.48x | 4.12x | CN¥-99.10 Million |
| 2014 | 4.38% | 3.06% | 0.46x | 3.11x | CN¥-200.49 Million |
| 2015 | 2.76% | 2.12% | 0.43x | 3.04x | CN¥-260.25 Million |
| 2016 | 3.01% | 2.15% | 0.46x | 3.08x | CN¥-253.97 Million |
| 2017 | 19.69% | 9.41% | 0.67x | 3.12x | CN¥416.86 Million |
| 2018 | 16.04% | 9.34% | 0.60x | 2.89x | CN¥410.58 Million |
| 2019 | 16.06% | 7.53% | 0.56x | 3.81x | CN¥419.96 Million |
| 2020 | 5.95% | 4.01% | 0.37x | 3.98x | CN¥-282.95 Million |
| 2021 | 10.08% | 6.83% | 0.58x | 2.56x | CN¥7.09 Million |
| 2022 | 12.75% | 10.63% | 0.48x | 2.51x | CN¥268.34 Million |
| 2023 | -3.00% | -2.71% | 0.43x | 2.55x | CN¥-1.27 Billion |
| 2024 | 4.10% | 3.07% | 0.48x | 2.77x | CN¥-539.05 Million |
Industry Comparison
This section compares Guangdong Hec Technology Holding Co Ltd Class A's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $2,729,724,236
- Average return on equity (ROE) among peers: 9.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Guangdong Hec Technology Holding Co Ltd Class A (600673) | CN¥10.07 Billion | 17.47% | 1.90x | $6.77 Billion |
| Shenzhen Zhongheng Huafa Co Ltd Class A (000020) | $232.24 Million | -19.09% | 0.85x | $268.56 Million |
| Shenzhen Desay Battery Technology Co Ltd (000049) | $2.26 Billion | 17.72% | 2.90x | $768.09 Million |
| CPT Technology Group Co Ltd (000536) | $-18.89 Million | 0.00% | 0.00x | $1.06 Billion |
| Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) | $12.01 Billion | 2.72% | 0.32x | $2.22 Billion |
| Xiamen Xindeco Ltd (000701) | $796.35 Million | 5.67% | 2.04x | $315.64 Million |
| BOE Technology Group Co Ltd (000725) | $5.52 Billion | 12.51% | 1.42x | $20.18 Billion |
| China Zhenhua Group Science & Technology Co Ltd (000733) | $5.38 Billion | 5.53% | 0.63x | $2.54 Billion |
| Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) | $451.00 Million | 7.52% | 0.67x | $1.39 Billion |
| Beijing Kingfore HV & Energy Conservation Technology Co.Ltd. (001210) | $389.14 Million | 20.02% | 1.72x | $174.91 Million |
| Shanghai Smart Control Co. Ltd. (001266) | $268.16 Million | 42.89% | 0.50x | $149.46 Million |