Shanxi Huaxiang Group Co Ltd
Shanxi Huaxiang Group Co., Ltd. engages in the research and development, production, and sale of customized metal parts in China and internationally. It offers precision products, such as auto parts, compressor castings, power fittings, railway parts, and pump valve pipe castings; and project products for use in logistics handling, construction machinery, aerial work platforms, port machinery, lo… Read more
Shanxi Huaxiang Group Co Ltd (603112) - Net Assets
Latest net assets as of September 2025: CN¥4.59 Billion CNY
Based on the latest financial reports, Shanxi Huaxiang Group Co Ltd (603112) has net assets worth CN¥4.59 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¥6.51 Billion) and total liabilities (CN¥1.92 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¥4.59 Billion |
| % of Total Assets | 70.55% |
| Annual Growth Rate | 20.67% |
| 5-Year Change | 82.65% |
| 10-Year Change | N/A |
| Growth Volatility | 13.88 |
Shanxi Huaxiang Group Co Ltd - Net Assets Trend (2016–2024)
This chart illustrates how Shanxi Huaxiang 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 Shanxi Huaxiang Group Co Ltd (2016–2024)
The table below shows the annual net assets of Shanxi Huaxiang Group Co Ltd from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.26 Billion | +14.11% |
| 2023-12-31 | CN¥2.85 Billion | +12.38% |
| 2022-12-31 | CN¥2.54 Billion | +6.35% |
| 2021-12-31 | CN¥2.39 Billion | +33.94% |
| 2020-12-31 | CN¥1.78 Billion | +52.26% |
| 2019-12-31 | CN¥1.17 Billion | +14.63% |
| 2018-12-31 | CN¥1.02 Billion | +21.15% |
| 2017-12-31 | CN¥843.01 Million | +16.43% |
| 2016-12-31 | CN¥724.08 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shanxi Huaxiang 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 422.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.25 Billion | 39.50% |
| Common Stock | CN¥470.58 Million | 14.84% |
| Other Comprehensive Income | CN¥301.02 Million | 9.49% |
| Other Components | CN¥1.15 Billion | 36.17% |
| Total Equity | CN¥3.17 Billion | 100.00% |
Shanxi Huaxiang Group Co Ltd Competitors by Market Cap
The table below lists competitors of Shanxi Huaxiang Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Supreme Petrochem Limited
NSE:SPLPETRO
|
$478.27 Million |
|
GSP Automotive Group Wenzhou Co Ltd
SHG:605088
|
$478.39 Million |
|
Vatti Corp Ltd
SHE:002035
|
$478.47 Million |
|
Ennis Inc
NYSE:EBF
|
$478.58 Million |
|
MiMedx Group Inc
NASDAQ:MDXG
|
$478.13 Million |
|
BayWa Aktiengesellschaft
F:BYW
|
$478.06 Million |
|
AmRest Holdings SE
OTCGREY:ARHOF
|
$477.90 Million |
|
Happinet Corporation
PINK:HAPYF
|
$477.57 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shanxi Huaxiang Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,751,898,580 to 3,171,815,700, a change of 419,917,120 (15.3%).
- Net income of 470,558,099 contributed positively to equity growth.
- Dividend payments of 314,974,859 reduced retained earnings.
- Other comprehensive income decreased equity by 5,546,910.
- Other factors increased equity by 269,880,790.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥470.56 Million | +14.84% |
| Dividends Paid | CN¥314.97 Million | -9.93% |
| Other Comprehensive Income | CN¥-5.55 Million | -0.17% |
| Other Changes | CN¥269.88 Million | +8.51% |
| Total Change | CN¥- | 15.26% |
Book Value vs Market Value Analysis
This analysis compares Shanxi Huaxiang 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: 2.52x
- 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 9.47x to 2.52x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | CN¥1.83 | CN¥17.35 | x |
| 2017-12-31 | CN¥2.32 | CN¥17.35 | x |
| 2018-12-31 | CN¥2.75 | CN¥17.35 | x |
| 2019-12-31 | CN¥2.74 | CN¥17.35 | x |
| 2020-12-31 | CN¥4.18 | CN¥17.35 | x |
| 2021-12-31 | CN¥5.10 | CN¥17.35 | x |
| 2022-12-31 | CN¥5.62 | CN¥17.35 | x |
| 2023-12-31 | CN¥6.15 | CN¥17.35 | x |
| 2024-12-31 | CN¥6.88 | CN¥17.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shanxi Huaxiang 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): 14.84%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.29%
- • Asset Turnover: 0.63x
- • Equity Multiplier: 1.92x
- Recent ROE (14.84%) is above the historical average (13.86%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 13.27% | 6.72% | 0.77x | 2.58x | CN¥21.65 Million |
| 2017 | 14.20% | 7.08% | 0.94x | 2.14x | CN¥35.34 Million |
| 2018 | 13.80% | 7.03% | 0.93x | 2.12x | CN¥38.68 Million |
| 2019 | 14.90% | 8.48% | 0.91x | 1.94x | CN¥57.11 Million |
| 2020 | 13.80% | 12.57% | 0.74x | 1.48x | CN¥67.44 Million |
| 2021 | 14.91% | 9.99% | 0.68x | 2.19x | CN¥108.04 Million |
| 2022 | 10.92% | 8.17% | 0.63x | 2.11x | CN¥22.15 Million |
| 2023 | 14.14% | 11.92% | 0.62x | 1.92x | CN¥113.87 Million |
| 2024 | 14.84% | 12.29% | 0.63x | 1.92x | CN¥153.38 Million |
Industry Comparison
This section compares Shanxi Huaxiang Group Co Ltd's net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $1,244,978,643
- Average return on equity (ROE) among peers: 9.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shanxi Huaxiang Group Co Ltd (603112) | CN¥4.59 Billion | 13.27% | 0.42x | $478.20 Million |
| Xinjiang Hejin Holding Co Ltd (000633) | $64.30 Million | 0.00% | 1.02x | $276.51 Million |
| Chongqing Changjiang River Moulding Material (Group) Co. Ltd. (001296) | $563.95 Million | 12.68% | 0.31x | $177.83 Million |
| Winstech Precision Hldg Co (001319) | $1.31 Billion | 8.55% | 0.30x | $167.74 Million |
| Guangdong Jingyi Metal Co Ltd (002295) | $785.40 Million | -7.13% | 0.66x | $373.68 Million |
| Shanghai Xinpeng Industry Co Ltd (002328) | $2.40 Billion | 2.65% | 0.12x | $461.37 Million |
| Beijing Lier High Temperature Materials Co Ltd (002392) | $4.13 Billion | 10.98% | 0.50x | $722.14 Million |
| Suzhou Victory Precision Manufacture Co Ltd (002426) | $245.28 Million | 58.16% | 1.15x | $1.78 Billion |
| Dajin Heavy Industry Corp (002487) | $1.51 Billion | 2.42% | 0.28x | $3.72 Billion |
| Jiangsu Boamax Technologies Group Co Ltd (002514) | $966.88 Million | 1.75% | 0.27x | $292.45 Million |
| Guangzheng Group Co Ltd (002524) | $467.88 Million | 4.77% | 0.48x | $226.79 Million |