Shanghai Huafon Aluminium Corp
Shanghai Huafon Aluminium Corporation engages in the research and development, production, and sales of aluminum sheets, strips, and foils. Its products include aluminum heat transfer materials comprising composite and non-composite materials are used in the automobile and construction machinery; power stations and heat exchange systems for household and commercial air conditioners; battery mater… Read more
Shanghai Huafon Aluminium Corp (601702) - Net Assets
Latest net assets as of September 2025: CN¥6.13 Billion CNY
Based on the latest financial reports, Shanghai Huafon Aluminium Corp (601702) has net assets worth CN¥6.13 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¥9.24 Billion) and total liabilities (CN¥3.11 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¥6.13 Billion |
| % of Total Assets | 66.34% |
| Annual Growth Rate | 25.18% |
| 5-Year Change | 107.68% |
| 10-Year Change | N/A |
| Growth Volatility | 25.43 |
Shanghai Huafon Aluminium Corp - Net Assets Trend (2015–2024)
This chart illustrates how Shanghai Huafon Aluminium Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Shanghai Huafon Aluminium Corp (2015–2024)
The table below shows the annual net assets of Shanghai Huafon Aluminium Corp from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥5.53 Billion | +22.29% |
| 2023-12-31 | CN¥4.52 Billion | +21.22% |
| 2022-12-31 | CN¥3.73 Billion | +18.84% |
| 2021-12-31 | CN¥3.14 Billion | +17.89% |
| 2020-12-31 | CN¥2.66 Billion | +75.72% |
| 2019-12-31 | CN¥1.52 Billion | +15.03% |
| 2018-12-31 | CN¥1.32 Billion | +59.75% |
| 2017-12-31 | CN¥825.11 Million | -17.17% |
| 2016-12-31 | CN¥996.12 Million | +35.97% |
| 2015-12-31 | CN¥732.62 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shanghai Huafon Aluminium Corp'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 3756.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥3.39 Billion | 61.23% |
| Common Stock | CN¥998.53 Million | 18.05% |
| Other Components | CN¥1.15 Billion | 20.73% |
| Total Equity | CN¥5.53 Billion | 100.00% |
Shanghai Huafon Aluminium Corp Competitors by Market Cap
The table below lists competitors of Shanghai Huafon Aluminium Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BUNKA SHUTTER
F:7VK
|
$528.67 Million |
|
SMA Solar Technology AG
PINK:SMTGF
|
$528.72 Million |
|
Shandong Shuangyi Technology Co Ltd
SHE:300690
|
$529.02 Million |
|
Shriram Pistons & Rings Limited
NSE:SHRIPISTON
|
$529.12 Million |
|
Hunan Jiudian Pharmaceutical Co Ltd
SHE:300705
|
$528.55 Million |
|
Energy Recovery Inc
NASDAQ:ERII
|
$528.34 Million |
|
Vallourec SA
PINK:VLOWY
|
$528.21 Million |
|
Tianshui Zhongxing Bio-technology Co Ltd
SHE:002772
|
$528.19 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shanghai Huafon Aluminium Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,524,458,860 to 5,532,919,865, a change of 1,008,461,005 (22.3%).
- Net income of 1,217,907,429 contributed positively to equity growth.
- Dividend payments of 237,114,596 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥1.22 Billion | +22.01% |
| Dividends Paid | CN¥237.11 Million | -4.29% |
| Other Changes | CN¥27.67 Million | +0.5% |
| Total Change | CN¥- | 22.29% |
Book Value vs Market Value Analysis
This analysis compares Shanghai Huafon Aluminium Corp'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: 3.90x
- 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 17.48x to 3.90x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | CN¥1.24 | CN¥21.60 | x |
| 2016-12-31 | CN¥1.67 | CN¥21.60 | x |
| 2017-12-31 | CN¥1.36 | CN¥21.60 | x |
| 2018-12-31 | CN¥1.89 | CN¥21.60 | x |
| 2019-12-31 | CN¥2.24 | CN¥21.60 | x |
| 2020-12-31 | CN¥2.67 | CN¥21.60 | x |
| 2021-12-31 | CN¥3.15 | CN¥21.60 | x |
| 2022-12-31 | CN¥3.74 | CN¥21.60 | x |
| 2023-12-31 | CN¥4.53 | CN¥21.60 | x |
| 2024-12-31 | CN¥5.54 | CN¥21.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shanghai Huafon Aluminium Corp 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): 22.01%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.20%
- • Asset Turnover: 1.32x
- • Equity Multiplier: 1.49x
- Recent ROE (22.01%) is above the historical average (16.38%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 12.14% | 5.01% | 1.03x | 2.36x | CN¥15.66 Million |
| 2016 | 16.79% | 7.51% | 0.92x | 2.43x | CN¥67.67 Million |
| 2017 | 25.05% | 6.40% | 0.91x | 4.30x | CN¥124.18 Million |
| 2018 | 12.72% | 4.91% | 0.85x | 3.04x | CN¥35.89 Million |
| 2019 | 12.10% | 5.11% | 0.80x | 2.95x | CN¥31.91 Million |
| 2020 | 9.36% | 6.13% | 0.81x | 1.88x | CN¥-16.94 Million |
| 2021 | 15.92% | 7.76% | 1.11x | 1.85x | CN¥186.08 Million |
| 2022 | 17.84% | 7.79% | 1.36x | 1.68x | CN¥292.52 Million |
| 2023 | 19.87% | 9.68% | 1.29x | 1.59x | CN¥446.76 Million |
| 2024 | 22.01% | 11.20% | 1.32x | 1.49x | CN¥664.62 Million |
Industry Comparison
This section compares Shanghai Huafon Aluminium Corp's net assets metrics with peer companies in the Aluminum industry.
Industry Context
- Industry: Aluminum
- Average net assets among peers: $4,846,992,485
- Average return on equity (ROE) among peers: 5.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shanghai Huafon Aluminium Corp (601702) | CN¥6.13 Billion | 12.14% | 0.51x | $528.59 Million |
| Jiaozuo Wanfang Aluminum (000612) | $5.30 Billion | 5.72% | 0.48x | $1.56 Billion |
| Yunnan Aluminium Co Ltd (000807) | $20.91 Billion | 15.94% | 0.81x | $8.73 Billion |
| Henan Shenhuo Coal & Power Co Ltd (000933) | $10.42 Billion | -3.52% | 3.91x | $6.78 Billion |
| Guangdong Hongtu Technology Holdings Co Ltd (002101) | $1.35 Billion | 8.74% | 0.89x | $589.47 Million |
| Jiangsu Alcha Aluminium Co Ltd (002160) | $2.90 Billion | -14.82% | 1.20x | $644.16 Million |
| Nanjing Yunhai Special Metals Co Ltd (002182) | $1.09 Billion | 0.35% | 1.17x | $1.49 Billion |
| ZYF Lopsking Aluminum Co Ltd (002333) | $146.13 Million | 24.51% | 1.53x | $135.36 Million |
| Shandong Hongchuang Aluminum Industry Holding Co Ltd (002379) | $1.96 Billion | -3.52% | 0.60x | $3.60 Billion |
| Jilin Liyuan Precision Manufacturing Co Ltd (002501) | $3.44 Billion | 11.58% | 0.95x | $703.83 Million |
| Tianshan Aluminum Group Co Ltd (002532) | $958.82 Million | 9.00% | 0.33x | $5.67 Billion |