Shenzhen Hopewind Elec Co Ltd

SHG:603063 China Specialty Industrial Machinery
Market Cap
$2.01 Billion
CN¥14.74 Billion CNY
Market Cap Rank
#5875 Global
#823 in China
Share Price
CN¥32.20
Change (1 day)
-3.01%
52-Week Range
CN¥25.60 - CN¥40.30
All Time High
CN¥45.27
About

Shenzhen Hopewind Electric Co., Ltd. provides green power solutions worldwide. It engages in the research and development, manufacture, sale, and service of energy and electrical transmission fields. The company also provides solar inverters, including PV grid-tied inverters and turnkey solutions; energy storage systems, such as power conversion system and PCS turkey station products; and wind po… Read more

Shenzhen Hopewind Elec Co Ltd (603063) - Net Assets

Latest net assets as of September 2025: CN¥5.06 Billion CNY

Based on the latest financial reports, Shenzhen Hopewind Elec Co Ltd (603063) has net assets worth CN¥5.06 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¥9.09 Billion) and total liabilities (CN¥4.03 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¥5.06 Billion
% of Total Assets 55.63%
Annual Growth Rate 22.09%
5-Year Change 57.32%
10-Year Change 279.1%
Growth Volatility 22.09

Shenzhen Hopewind Elec Co Ltd - Net Assets Trend (2012–2024)

This chart illustrates how Shenzhen Hopewind Elec 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 Shenzhen Hopewind Elec Co Ltd (2012–2024)

The table below shows the annual net assets of Shenzhen Hopewind Elec Co Ltd from 2012 to 2024.

Year Net Assets Change
2024-12-31 CN¥4.40 Billion +9.51%
2023-12-31 CN¥4.02 Billion +17.46%
2022-12-31 CN¥3.42 Billion +8.15%
2021-12-31 CN¥3.16 Billion +13.09%
2020-12-31 CN¥2.80 Billion +8.94%
2019-12-31 CN¥2.57 Billion +4.55%
2018-12-31 CN¥2.46 Billion +3.02%
2017-12-31 CN¥2.38 Billion +71.14%
2016-12-31 CN¥1.39 Billion +20.00%
2015-12-31 CN¥1.16 Billion +40.12%
2014-12-31 CN¥828.69 Million +25.08%
2013-12-31 CN¥662.52 Million +65.09%
2012-12-31 CN¥401.30 Million --

Equity Component Analysis

This analysis shows how different components contribute to Shenzhen Hopewind Elec 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 633.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥2.44 Billion 56.62%
Common Stock CN¥443.99 Million 10.32%
Other Comprehensive Income CN¥281.36 Million 6.54%
Other Components CN¥1.14 Billion 26.52%
Total Equity CN¥4.30 Billion 100.00%

Shenzhen Hopewind Elec Co Ltd Competitors by Market Cap

The table below lists competitors of Shenzhen Hopewind Elec Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Shenzhen Hopewind Elec Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 3,938,314,699 to 4,301,600,979, a change of 363,286,280 (9.2%).
  • Net income of 440,578,962 contributed positively to equity growth.
  • Dividend payments of 88,490,980 reduced retained earnings.
  • Share repurchases of 24,799,005 reduced equity.
  • Other comprehensive income increased equity by 280,144,996.
  • Other factors decreased equity by 244,147,693.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥440.58 Million +10.24%
Dividends Paid CN¥88.49 Million -2.06%
Share Repurchases CN¥24.80 Million -0.58%
Other Comprehensive Income CN¥280.14 Million +6.51%
Other Changes CN¥-244.15 Million -5.68%
Total Change CN¥- 9.22%

Book Value vs Market Value Analysis

This analysis compares Shenzhen Hopewind Elec 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: 3.30x
  • 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 28.86x to 3.30x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2012-12-31 CN¥1.12 CN¥32.20 x
2013-12-31 CN¥1.84 CN¥32.20 x
2014-12-31 CN¥2.30 CN¥32.20 x
2015-12-31 CN¥3.21 CN¥32.20 x
2016-12-31 CN¥3.88 CN¥32.20 x
2017-12-31 CN¥6.15 CN¥32.20 x
2018-12-31 CN¥5.75 CN¥32.20 x
2019-12-31 CN¥5.89 CN¥32.20 x
2020-12-31 CN¥6.40 CN¥32.20 x
2021-12-31 CN¥7.11 CN¥32.20 x
2022-12-31 CN¥7.69 CN¥32.20 x
2023-12-31 CN¥8.86 CN¥32.20 x
2024-12-31 CN¥9.76 CN¥32.20 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shenzhen Hopewind Elec 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): 10.24%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 11.80%
  • • Asset Turnover: 0.47x
  • • Equity Multiplier: 1.85x
  • Recent ROE (10.24%) is below the historical average (14.70%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2012 31.14% 35.52% 0.53x 1.66x CN¥84.85 Million
2013 19.06% 29.71% 0.42x 1.51x CN¥60.01 Million
2014 29.52% 33.62% 0.58x 1.51x CN¥161.75 Million
2015 28.63% 34.94% 0.58x 1.42x CN¥216.37 Million
2016 18.81% 32.45% 0.45x 1.30x CN¥122.77 Million
2017 9.76% 26.49% 0.31x 1.18x CN¥-5.81 Million
2018 2.26% 4.55% 0.32x 1.54x CN¥-184.10 Million
2019 2.68% 3.71% 0.42x 1.72x CN¥-181.04 Million
2020 9.54% 11.40% 0.55x 1.52x CN¥-12.98 Million
2021 8.86% 13.31% 0.40x 1.65x CN¥-36.15 Million
2022 7.81% 9.50% 0.48x 1.72x CN¥-74.90 Million
2023 12.75% 13.39% 0.52x 1.84x CN¥108.42 Million
2024 10.24% 11.80% 0.47x 1.85x CN¥10.42 Million

Industry Comparison

This section compares Shenzhen Hopewind Elec Co Ltd's net assets metrics with peer companies in the Specialty Industrial Machinery industry.

Industry Context

  • Industry: Specialty Industrial Machinery
  • Average net assets among peers: $1,242,592,243
  • Average return on equity (ROE) among peers: 0.43%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shenzhen Hopewind Elec Co Ltd (603063) CN¥5.06 Billion 31.14% 0.80x $1.48 Billion
Huayi Compressor Co Ltd (000404) $83.42 Million 0.00% 1.93x $437.73 Million
Shenyang Machine Tool Co Ltd (000410) $973.75 Million 2.65% 2.70x $1.49 Billion
North Industries Group Red Arrow Co Ltd (000519) $351.55 Million 1.05% 0.46x $1.93 Billion
Changchai Co Ltd (000570) $1.42 Billion 15.77% 1.09x $381.98 Million
Jiangsu Youli Investment Holding Co Ltd (000584) $654.39 Million 0.62% 0.63x $25.43 Million
Baota Industry Co Ltd (000595) $374.06 Million -44.66% 1.53x $540.37 Million
SUFA Technology Industry Co Ltd CNNC (000777) $2.16 Billion 10.62% 0.70x $970.60 Million
J.S. Corrugating Machinery Co Ltd (000821) $1.86 Billion 4.58% 0.58x $763.60 Million
Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) $316.88 Million 9.87% 0.41x $876.35 Million
Ning Xia Yin Xing Energy Co Ltd (000862) $4.23 Billion 3.79% 1.25x $459.10 Million