Huadian Heavy Industries Co
Huadian Heavy Industries Co., Ltd. provides engineering solutions in China. The company offers overland curve belt conveyor system, tubular belt conveyor system, bucket-wheel stacker-reclaimer, ship loader and unloader, car dumper, circular stockyard stacker and reclaimer, gantry crane, hoist and trash raking machine, gantry scraper, and stacker-reclaimer; and port high end equipment, including n… Read more
Huadian Heavy Industries Co (601226) - Net Assets
Latest net assets as of September 2025: CN¥4.54 Billion CNY
Based on the latest financial reports, Huadian Heavy Industries Co (601226) has net assets worth CN¥4.54 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¥11.14 Billion) and total liabilities (CN¥6.60 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¥4.54 Billion |
| % of Total Assets | 40.75% |
| Annual Growth Rate | 11.35% |
| 5-Year Change | 19.7% |
| 10-Year Change | 20.2% |
| Growth Volatility | 27.45 |
Huadian Heavy Industries Co - Net Assets Trend (2011–2024)
This chart illustrates how Huadian Heavy Industries Co's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Huadian Heavy Industries Co (2011–2024)
The table below shows the annual net assets of Huadian Heavy Industries Co from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.46 Billion | +2.19% |
| 2023-12-31 | CN¥4.37 Billion | -0.26% |
| 2022-12-31 | CN¥4.38 Billion | +8.93% |
| 2021-12-31 | CN¥4.02 Billion | +7.81% |
| 2020-12-31 | CN¥3.73 Billion | +2.06% |
| 2019-12-31 | CN¥3.65 Billion | +1.80% |
| 2018-12-31 | CN¥3.59 Billion | +1.34% |
| 2017-12-31 | CN¥3.54 Billion | +1.11% |
| 2016-12-31 | CN¥3.50 Billion | -5.67% |
| 2015-12-31 | CN¥3.71 Billion | +4.17% |
| 2014-12-31 | CN¥3.56 Billion | +103.46% |
| 2013-12-31 | CN¥1.75 Billion | +26.02% |
| 2012-12-31 | CN¥1.39 Billion | +25.99% |
| 2011-12-31 | CN¥1.10 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Huadian Heavy Industries Co'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 1293.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.65 Billion | 38.52% |
| Common Stock | CN¥1.17 Billion | 27.25% |
| Other Comprehensive Income | CN¥229.76 Million | 5.37% |
| Other Components | CN¥1.24 Billion | 28.87% |
| Total Equity | CN¥4.28 Billion | 100.00% |
Huadian Heavy Industries Co Competitors by Market Cap
The table below lists competitors of Huadian Heavy Industries Co ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Titagarh Rail Systems Limited
NSE:TITAGARH
|
$582.75 Million |
|
Hong Ri Da Technology Co. Ltd. A
SHE:301285
|
$582.88 Million |
|
Muangthai Capital Public Company Limited
BK:MTC
|
$582.89 Million |
|
Nanhua Futures Co Ltd
SHG:603093
|
$583.05 Million |
|
China Hi-Tech Group Co Ltd
SHG:600730
|
$582.60 Million |
|
Anhui Golden Seed Winery Co Ltd
SHG:600199
|
$582.57 Million |
|
BRIDGEPOINT AD.LS -00005
F:8XW
|
$582.48 Million |
|
DBAPPSecurity Co Ltd
SHG:688023
|
$582.26 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Huadian Heavy Industries Co's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,189,446,175 to 4,281,496,321, a change of 92,050,146 (2.2%).
- Net income of 115,177,951 contributed positively to equity growth.
- Dividend payments of 31,026,787 reduced retained earnings.
- Other comprehensive income increased equity by 229,759,849.
- Other factors decreased equity by 221,860,867.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥115.18 Million | +2.69% |
| Dividends Paid | CN¥31.03 Million | -0.72% |
| Other Comprehensive Income | CN¥229.76 Million | +5.37% |
| Other Changes | CN¥-221.86 Million | -5.18% |
| Total Change | CN¥- | 2.20% |
Book Value vs Market Value Analysis
This analysis compares Huadian Heavy Industries Co'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: 2.97x
- 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 9.43x to 2.97x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥1.16 | CN¥10.94 | x |
| 2012-12-31 | CN¥1.46 | CN¥10.94 | x |
| 2013-12-31 | CN¥1.86 | CN¥10.94 | x |
| 2014-12-31 | CN¥3.81 | CN¥10.94 | x |
| 2015-12-31 | CN¥3.19 | CN¥10.94 | x |
| 2016-12-31 | CN¥3.01 | CN¥10.94 | x |
| 2017-12-31 | CN¥3.04 | CN¥10.94 | x |
| 2018-12-31 | CN¥3.08 | CN¥10.94 | x |
| 2019-12-31 | CN¥3.14 | CN¥10.94 | x |
| 2020-12-31 | CN¥3.20 | CN¥10.94 | x |
| 2021-12-31 | CN¥3.43 | CN¥10.94 | x |
| 2022-12-31 | CN¥3.64 | CN¥10.94 | x |
| 2023-12-31 | CN¥3.61 | CN¥10.94 | x |
| 2024-12-31 | CN¥3.68 | CN¥10.94 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Huadian Heavy Industries Co 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): 2.69%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.53%
- • Asset Turnover: 0.67x
- • Equity Multiplier: 2.64x
- Recent ROE (2.69%) is below the historical average (7.58%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 21.26% | 6.56% | 0.95x | 3.40x | CN¥120.21 Million |
| 2012 | 21.89% | 6.76% | 1.03x | 3.13x | CN¥162.57 Million |
| 2013 | 20.66% | 7.53% | 0.88x | 3.14x | CN¥184.24 Million |
| 2014 | 10.27% | 5.85% | 0.71x | 2.47x | CN¥9.50 Million |
| 2015 | 7.07% | 5.07% | 0.62x | 2.27x | CN¥-108.13 Million |
| 2016 | -2.64% | -2.25% | 0.52x | 2.26x | CN¥-439.59 Million |
| 2017 | 1.07% | 0.78% | 0.61x | 2.24x | CN¥-313.83 Million |
| 2018 | 1.60% | 0.98% | 0.72x | 2.27x | CN¥-299.08 Million |
| 2019 | 2.27% | 1.15% | 0.78x | 2.53x | CN¥-280.23 Million |
| 2020 | 2.61% | 1.09% | 1.01x | 2.37x | CN¥-273.13 Million |
| 2021 | 7.63% | 2.94% | 0.97x | 2.68x | CN¥-94.16 Million |
| 2022 | 7.38% | 3.78% | 0.73x | 2.69x | CN¥-110.28 Million |
| 2023 | 2.33% | 1.36% | 0.62x | 2.75x | CN¥-321.43 Million |
| 2024 | 2.69% | 1.53% | 0.67x | 2.64x | CN¥-312.97 Million |
Industry Comparison
This section compares Huadian Heavy Industries Co's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $2,293,171,469
- Average return on equity (ROE) among peers: -19.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Huadian Heavy Industries Co (601226) | CN¥4.54 Billion | 21.26% | 1.45x | $582.64 Million |
| Shenzhen Ecobeauty Co Ltd (000010) | $2.21 Billion | 1.80% | 1.20x | $542.14 Million |
| Shenzhen Sed Industry Co Ltd (000032) | $273.69 Million | 5.51% | 1.09x | $1.18 Billion |
| NORINCO International Cooperation Ltd (000065) | $10.22 Billion | 10.27% | 1.39x | $959.60 Million |
| Shenzhen Tagen Group Co Ltd (000090) | $1.08 Billion | 6.39% | 1.55x | $602.43 Million |
| Shandong Hi-Speed Road&Bridge (000498) | $433.84 Million | -22.79% | 2.88x | $597.20 Million |
| Jinyuan Cement Co Ltd (000546) | $4.61 Billion | 0.86% | 0.22x | $312.99 Million |
| Hunan Investment Group Co Ltd (000548) | $1.41 Billion | 7.29% | 0.50x | $259.03 Million |
| ChengDu Hi-Tech Development Co Ltd (000628) | $134.20 Million | -202.04% | 12.95x | $1.18 Billion |
| Gansu Engineering Consulting Group Co Ltd (000779) | $307.94 Million | -4.18% | 0.33x | $300.46 Million |
| Hainan Expressway Co Ltd (000886) | $2.26 Billion | 1.18% | 0.16x | $593.20 Million |