Hsino Tower Group Co., Ltd.
Hsino Tower Group Co., Ltd. engages research, development, production, and sale of transmission line towers and voltage level structures. The company produces and sells transmission line towers comprising of, steel pipe towers, steel pipe poles, transformer substation supports, communication towers, steel components, and hot-dip galvanizing anti-corrosion structures. It also offers angle steel to… Read more
Hsino Tower Group Co., Ltd. (601096) - Net Assets
Latest net assets as of September 2025: CN¥4.58 Billion CNY
Based on the latest financial reports, Hsino Tower Group Co., Ltd. (601096) has net assets worth CN¥4.58 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¥9.93 Billion) and total liabilities (CN¥5.35 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¥4.58 Billion |
| % of Total Assets | 46.17% |
| Annual Growth Rate | 43.81% |
| 5-Year Change | 55.72% |
| 10-Year Change | N/A |
| Growth Volatility | 113.82 |
Hsino Tower Group Co., Ltd. - Net Assets Trend (2019–2024)
This chart illustrates how Hsino Tower Group 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 Hsino Tower Group Co., Ltd. (2019–2024)
The table below shows the annual net assets of Hsino Tower Group Co., Ltd. from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.40 Billion | +3.94% |
| 2023-12-31 | CN¥4.23 Billion | +37.53% |
| 2022-12-31 | CN¥3.07 Billion | +5.79% |
| 2021-12-31 | CN¥2.91 Billion | +2.97% |
| 2020-12-31 | CN¥2.82 Billion | +295.26% |
| 2019-12-31 | CN¥714.10 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hsino Tower 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 grown by 129502603400.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥609.78 Million | 13.87% |
| Common Stock | CN¥2.68 Billion | 60.86% |
| Other Components | CN¥1.11 Billion | 25.26% |
| Total Equity | CN¥4.40 Billion | 100.00% |
Hsino Tower Group Co., Ltd. Competitors by Market Cap
The table below lists competitors of Hsino Tower Group Co., Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hangzhou XZB Tech Co Ltd
SHG:603040
|
$697.24 Million |
|
Itcen Co. Ltd
KQ:124500
|
$697.59 Million |
|
Service Stream Ltd
AU:SSM
|
$697.79 Million |
|
Korea Kolmar
KO:161890
|
$697.95 Million |
|
Zhejiang Guyuelongshan Shaoxing Wine Co Ltd
SHG:600059
|
$696.96 Million |
|
Castle Biosciences Inc
NASDAQ:CSTL
|
$696.70 Million |
|
AEHR TEST SYSTEMS DL-01
F:AYB
|
$696.69 Million |
|
Regis Healthcare Ltd
AU:REG
|
$696.47 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hsino Tower Group Co., Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,228,781,004 to 4,395,318,787, a change of 166,537,783 (3.9%).
- Net income of 230,123,355 contributed positively to equity growth.
- Dividend payments of 78,332,991 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥230.12 Million | +5.24% |
| Dividends Paid | CN¥78.33 Million | -1.78% |
| Other Changes | CN¥14.75 Million | +0.34% |
| Total Change | CN¥- | 3.94% |
Book Value vs Market Value Analysis
This analysis compares Hsino Tower 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: 3.95x
- 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 24.17x to 3.95x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | CN¥0.27 | CN¥6.49 | x |
| 2020-12-31 | CN¥1.05 | CN¥6.49 | x |
| 2021-12-31 | CN¥1.08 | CN¥6.49 | x |
| 2022-12-31 | CN¥1.15 | CN¥6.49 | x |
| 2023-12-31 | CN¥2.11 | CN¥6.49 | x |
| 2024-12-31 | CN¥1.64 | CN¥6.49 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hsino Tower 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): 5.24%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.27%
- • Asset Turnover: 1.09x
- • Equity Multiplier: 2.12x
- Recent ROE (5.24%) is below the historical average (12.66%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 36.72% | 3.31% | 1.00x | 11.12x | CN¥191.95 Million |
| 2020 | 18.52% | 8.62% | 0.84x | 2.54x | CN¥240.16 Million |
| 2021 | 7.14% | 2.90% | 0.83x | 2.95x | CN¥-83.10 Million |
| 2022 | 5.40% | 1.90% | 1.06x | 2.68x | CN¥-141.00 Million |
| 2023 | 2.93% | 1.33% | 1.03x | 2.14x | CN¥-298.84 Million |
| 2024 | 5.24% | 2.27% | 1.09x | 2.12x | CN¥-209.41 Million |
Industry Comparison
This section compares Hsino Tower Group Co., Ltd.'s net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $2,399,685,798
- Average return on equity (ROE) among peers: -30.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hsino Tower Group Co., Ltd. (601096) | CN¥4.58 Billion | 36.72% | 1.17x | $697.19 Million |
| XJ Electric Co Ltd (000400) | $11.69 Billion | 8.60% | 0.87x | $2.50 Billion |
| Guangdong Macro Co Ltd (000533) | $259.29 Million | -377.39% | 9.44x | $880.32 Million |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.31 Billion | 8.55% | 0.86x | $364.23 Million |
| Huagong Tech Co Ltd (000988) | $3.01 Billion | 5.01% | 0.66x | $9.70 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.62 Billion | 6.74% | 1.87x | $855.32 Million |
| Shijiazhuang Shangtai Technology Co. Ltd. A (001301) | $1.35 Billion | 11.31% | 0.12x | $1.62 Billion |
| Guangdong Xinyaguang Cable Co (001382) | $804.28 Million | 11.99% | 1.13x | $201.71 Million |
| Sieyuan Electric Co Ltd (002028) | $3.44 Billion | 10.09% | 0.45x | $14.61 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $186.07 Million | 7.07% | 0.22x | $217.00 Million |
| Gotion High tech Co Ltd (002074) | $324.01 Million | 7.87% | 0.45x | $5.08 Billion |