Harbin Hatou Investment Co Ltd

SHG:600864 China Utilities - Regulated Electric
Market Cap
$1.83 Billion
CN¥13.44 Billion CNY
Market Cap Rank
#7497 Global
#1281 in China
Share Price
CN¥6.46
Change (1 day)
-1.97%
52-Week Range
CN¥5.51 - CN¥8.24
All Time High
CN¥13.77
Categories
Companies in China Utilities - Regulated Electric
About

Harbin Hatou Investment Co.,Ltd engages in thermal power and securities business in the People's Republic of China. The company engages in the securities brokerage, securities underwriting and sponsorship, securities investment consulting, and industrial and equity investment; and production and supply of electricity and heat; It is also involved in securities asset management. The company was fo… Read more

Harbin Hatou Investment Co Ltd (600864) - Net Assets

Latest net assets as of September 2025: CN¥13.11 Billion CNY

Based on the latest financial reports, Harbin Hatou Investment Co Ltd (600864) has net assets worth CN¥13.11 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¥47.10 Billion) and total liabilities (CN¥33.99 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¥13.11 Billion
% of Total Assets 27.83%
Annual Growth Rate 14.33%
5-Year Change -6.65%
10-Year Change 219.25%
Growth Volatility 103.37

Harbin Hatou Investment Co Ltd - Net Assets Trend (1994–2024)

This chart illustrates how Harbin Hatou Investment 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 Harbin Hatou Investment Co Ltd (1994–2024)

The table below shows the annual net assets of Harbin Hatou Investment Co Ltd from 1994 to 2024.

Year Net Assets Change
2024-12-31 CN¥12.78 Billion +3.18%
2023-12-31 CN¥12.39 Billion +3.39%
2022-12-31 CN¥11.98 Billion -10.34%
2021-12-31 CN¥13.37 Billion -2.40%
2020-12-31 CN¥13.70 Billion +1.41%
2019-12-31 CN¥13.50 Billion +6.07%
2018-12-31 CN¥12.73 Billion -6.71%
2017-12-31 CN¥13.65 Billion -0.74%
2016-12-31 CN¥13.75 Billion +243.32%
2015-12-31 CN¥4.00 Billion -16.24%
2014-12-31 CN¥4.78 Billion +52.25%
2013-12-31 CN¥3.14 Billion +12.78%
2012-12-31 CN¥2.78 Billion +12.37%
2011-12-31 CN¥2.48 Billion +12.92%
2010-12-31 CN¥2.19 Billion -7.35%
2009-12-31 CN¥2.37 Billion +33.39%
2008-12-31 CN¥1.78 Billion -45.13%
2007-12-31 CN¥3.24 Billion +529.04%
2006-12-31 CN¥514.47 Million +0.17%
2005-12-31 CN¥513.59 Million +0.76%
2004-12-31 CN¥509.74 Million +3.87%
2003-12-31 CN¥490.74 Million +4.57%
2002-12-31 CN¥469.30 Million -2.39%
2001-12-31 CN¥480.80 Million +3.51%
2000-12-31 CN¥464.48 Million +6.11%
1999-12-31 CN¥437.75 Million +21.75%
1998-12-31 CN¥359.55 Million +5.30%
1997-12-31 CN¥341.45 Million +39.18%
1996-12-31 CN¥245.34 Million +9.93%
1995-12-31 CN¥223.18 Million -2.86%
1994-12-31 CN¥229.74 Million --

Equity Component Analysis

This analysis shows how different components contribute to Harbin Hatou Investment 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 grown by 12041.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥1.50 Billion 11.63%
Common Stock CN¥2.08 Billion 16.17%
Other Comprehensive Income CN¥1.79 Billion 13.90%
Other Components CN¥7.50 Billion 58.31%
Total Equity CN¥12.87 Billion 100.00%

Harbin Hatou Investment Co Ltd Competitors by Market Cap

The table below lists competitors of Harbin Hatou Investment Co Ltd ranked by their market capitalization.

Company Market Cap
Etablissementen Franz Colruyt NV
BR:COLR
 		$959.21 Million
Hypoport SE
PINK:HYPOF
 		$959.41 Million
NORINCO International Cooperation Ltd
SHE:000065
 		$959.60 Million
U.S. Physical Therapy Inc
F:UPH
 		$959.81 Million
Kunshan Dongwei Technology Co Ltd
SHG:688700
 		$958.97 Million
Bangkok Expressway and Metro PCL F
F:B4X
 		$958.90 Million
Nippn Corporation
PINK:NPFUF
 		$958.89 Million
ID Logistics Group SA
PA:IDL
 		$958.71 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Harbin Hatou Investment Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 12,416,555,725 to 12,870,062,401, a change of 453,506,676 (3.7%).
  • Net income of 342,503,748 contributed positively to equity growth.
  • Dividend payments of 324,754,888 reduced retained earnings.
  • Other comprehensive income increased equity by 1,788,403,487.
  • Other factors decreased equity by 1,352,645,671.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥342.50 Million +2.66%
Dividends Paid CN¥324.75 Million -2.52%
Other Comprehensive Income CN¥1.79 Billion +13.9%
Other Changes CN¥-1.35 Billion -10.51%
Total Change CN¥- 3.65%

Book Value vs Market Value Analysis

This analysis compares Harbin Hatou Investment 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: 1.07x
  • 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 6.55x to 1.07x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1994-12-31 CN¥0.99 CN¥6.46 x
1995-12-31 CN¥0.96 CN¥6.46 x
1996-12-31 CN¥1.05 CN¥6.46 x
1997-12-31 CN¥1.20 CN¥6.46 x
1998-12-31 CN¥1.29 CN¥6.46 x
1999-12-31 CN¥1.60 CN¥6.46 x
2000-12-31 CN¥1.67 CN¥6.46 x
2001-12-31 CN¥1.71 CN¥6.46 x
2002-12-31 CN¥0.73 CN¥6.46 x
2003-12-31 CN¥0.76 CN¥6.46 x
2004-12-31 CN¥0.79 CN¥6.46 x
2005-12-31 CN¥0.77 CN¥6.46 x
2006-12-31 CN¥1.81 CN¥6.46 x
2007-12-31 CN¥5.78 CN¥6.46 x
2008-12-31 CN¥3.01 CN¥6.46 x
2009-12-31 CN¥4.12 CN¥6.46 x
2010-12-31 CN¥3.82 CN¥6.46 x
2011-12-31 CN¥4.34 CN¥6.46 x
2012-12-31 CN¥4.88 CN¥6.46 x
2013-12-31 CN¥5.50 CN¥6.46 x
2014-12-31 CN¥8.47 CN¥6.46 x
2015-12-31 CN¥3.63 CN¥6.46 x
2016-12-31 CN¥9.50 CN¥6.46 x
2017-12-31 CN¥6.39 CN¥6.46 x
2018-12-31 CN¥6.20 CN¥6.46 x
2019-12-31 CN¥6.42 CN¥6.46 x
2020-12-31 CN¥6.53 CN¥6.46 x
2021-12-31 CN¥6.37 CN¥6.46 x
2022-12-31 CN¥5.74 CN¥6.46 x
2023-12-31 CN¥6.00 CN¥6.46 x
2024-12-31 CN¥6.01 CN¥6.46 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Harbin Hatou Investment 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): 2.66%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 12.69%
  • • Asset Turnover: 0.06x
  • • Equity Multiplier: 3.37x
  • Recent ROE (2.66%) is below the historical average (5.66%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1994 6.71% 14.25% 0.35x 1.35x CN¥-7.56 Million
1995 10.23% 32.45% 0.20x 1.55x CN¥518.07K
1996 9.03% 24.50% 0.23x 1.59x CN¥-2.38 Million
1997 9.03% 12.24% 0.28x 2.62x CN¥-2.71 Million
1998 9.49% 15.01% 0.25x 2.53x CN¥-1.54 Million
1999 5.95% 11.56% 0.23x 2.21x CN¥-15.13 Million
2000 3.15% 5.18% 0.29x 2.13x CN¥-26.62 Million
2001 4.72% 8.77% 0.23x 2.30x CN¥-20.99 Million
2002 2.43% 4.16% 0.25x 2.35x CN¥-30.01 Million
2003 3.95% 6.48% 0.27x 2.26x CN¥-24.94 Million
2004 3.99% 6.21% 0.29x 2.25x CN¥-25.78 Million
2005 0.44% 0.53% 0.35x 2.34x CN¥-40.34 Million
2006 -0.55% -0.53% 0.35x 2.95x CN¥-44.49 Million
2007 10.03% 58.40% 0.11x 1.60x CN¥990.41K
2008 17.58% 47.36% 0.19x 2.00x CN¥124.52 Million
2009 9.46% 28.87% 0.18x 1.81x CN¥-12.12 Million
2010 13.10% 34.76% 0.21x 1.82x CN¥64.97 Million
2011 12.01% 29.79% 0.23x 1.78x CN¥47.71 Million
2012 10.45% 28.76% 0.19x 1.93x CN¥12.09 Million
2013 10.91% 29.32% 0.21x 1.73x CN¥27.50 Million
2014 6.25% 24.46% 0.16x 1.61x CN¥-174.50 Million
2015 11.85% 13.29% 0.55x 1.61x CN¥71.46 Million
2016 2.53% 14.38% 0.08x 2.18x CN¥-1.01 Billion
2017 2.66% 13.98% 0.06x 3.42x CN¥-987.70 Million
2018 -1.13% -5.15% 0.07x 3.09x CN¥-1.40 Billion
2019 1.84% 8.32% 0.07x 3.10x CN¥-1.09 Billion
2020 1.67% 6.85% 0.10x 2.51x CN¥-1.13 Billion
2021 1.79% 8.11% 0.08x 2.80x CN¥-1.09 Billion
2022 -8.48% -39.53% 0.07x 2.87x CN¥-2.21 Billion
2023 1.67% 7.44% 0.07x 3.17x CN¥-1.03 Billion
2024 2.66% 12.69% 0.06x 3.37x CN¥-944.50 Million

Industry Comparison

This section compares Harbin Hatou Investment Co Ltd's net assets metrics with peer companies in the Utilities - Regulated Electric industry.

Industry Context

  • Industry: Utilities - Regulated Electric
  • Average net assets among peers: $2,914,861,497
  • Average return on equity (ROE) among peers: 6.69%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Harbin Hatou Investment Co Ltd (600864) CN¥13.11 Billion 6.71% 2.59x $959.18 Million
Shenzhen Energy Group Co Ltd (000027) $8.19 Billion 8.94% 0.37x $1.14 Billion
Shenzhen Nanshan Power Co Ltd (000037) $606.17 Million 19.16% 0.66x $463.41 Million
Guangzhou Hengyun Enterprises Holding Ltd (000531) $425.31 Million 6.99% 1.07x $362.93 Million
An Hui Wenergy Co Ltd (000543) $2.32 Billion 7.87% 0.16x $1.11 Billion
Jointo Energy Investment Co Ltd Hebei (000600) $875.38 Million 4.87% 2.31x $810.91 Million
Guangdong Shaoneng Group Co Ltd (000601) $2.77 Billion 3.03% 1.64x $561.99 Million
Tianjin Binhai Energy & Development Co Ltd (000695) $345.13 Million 0.89% 2.45x $262.05 Million
Shanxi Zhangze Electric Power Co Ltd (000767) $1.84 Billion 11.37% 1.54x $768.72 Million
Jilin Power Share Co Ltd (000875) $10.34 Billion 1.11% 2.84x $2.25 Billion
Jiangxi Ganneng Co Ltd (000899) $1.43 Billion 2.70% 0.12x $507.45 Million