Shanghai Hugong Elec(Group)
Shanghai Hugong Electric Group Co.,Ltd. manufactures and sells welding and cutting equipment in China and internationally. The company offers welding machines, including stick welders, MIG/MAG welders, TIG welders, plasma cutters, submerged arc welders, engine driven welders, and laser welders; laser cutting machines; and plasma cutting machines comprising CNC flame and plasma cutting machines, a… Read more
Shanghai Hugong Elec(Group) (603131) - Net Assets
Latest net assets as of September 2025: CN¥1.23 Billion CNY
Based on the latest financial reports, Shanghai Hugong Elec(Group) (603131) has net assets worth CN¥1.23 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¥2.10 Billion) and total liabilities (CN¥870.11 Million). 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¥1.23 Billion |
| % of Total Assets | 58.49% |
| Annual Growth Rate | 16.24% |
| 5-Year Change | -7.43% |
| 10-Year Change | 266.2% |
| Growth Volatility | 24.74 |
Shanghai Hugong Elec(Group) - Net Assets Trend (2011–2024)
This chart illustrates how Shanghai Hugong Elec(Group)'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 Hugong Elec(Group) (2011–2024)
The table below shows the annual net assets of Shanghai Hugong Elec(Group) from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.23 Billion | +1.36% |
| 2023-12-31 | CN¥1.21 Billion | -4.18% |
| 2022-12-31 | CN¥1.27 Billion | -9.94% |
| 2021-12-31 | CN¥1.40 Billion | +5.83% |
| 2020-12-31 | CN¥1.33 Billion | +7.60% |
| 2019-12-31 | CN¥1.23 Billion | +20.35% |
| 2018-12-31 | CN¥1.03 Billion | +54.54% |
| 2017-12-31 | CN¥663.40 Million | +6.69% |
| 2016-12-31 | CN¥621.80 Million | +85.28% |
| 2015-12-31 | CN¥335.60 Million | +13.19% |
| 2014-12-31 | CN¥296.49 Million | +10.68% |
| 2013-12-31 | CN¥267.87 Million | +22.93% |
| 2012-12-31 | CN¥217.91 Million | +25.41% |
| 2011-12-31 | CN¥173.76 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shanghai Hugong Elec(Group)'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 2153.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥311.29 Million | 25.43% |
| Common Stock | CN¥317.99 Million | 25.98% |
| Other Comprehensive Income | CN¥103.73 Million | 8.47% |
| Other Components | CN¥491.06 Million | 40.12% |
| Total Equity | CN¥1.22 Billion | 100.00% |
Shanghai Hugong Elec(Group) Competitors by Market Cap
The table below lists competitors of Shanghai Hugong Elec(Group) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shanghai Anoky Group
SHE:300067
|
$491.80 Million |
|
Rayonier Advanced Materials
NYSE:RYAM
|
$491.82 Million |
|
Jiangsu Lianhuan Pharmaceutical Co Ltd
SHG:600513
|
$491.98 Million |
|
Dianguang Explosion-proof Technology Co Ltd
SHE:002730
|
$491.99 Million |
|
Ingram Micro Holding Corporation
NYSE:INGM
|
$491.62 Million |
|
Mutares SE & Co. KGaA
XETRA:MUX
|
$491.41 Million |
|
Vgi Partners Global Investments Ltd
AU:VG1
|
$491.32 Million |
|
Mcmillan Shakespeare Ltd
AU:MMS
|
$491.30 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shanghai Hugong Elec(Group)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,210,341,907 to 1,224,080,681, a change of 13,738,774 (1.1%).
- Net income of 12,555,961 contributed positively to equity growth.
- Dividend payments of 8,774,399 reduced retained earnings.
- Other comprehensive income increased equity by 103,731,366.
- Other factors decreased equity by 93,774,154.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥12.56 Million | +1.03% |
| Dividends Paid | CN¥8.77 Million | -0.72% |
| Other Comprehensive Income | CN¥103.73 Million | +8.47% |
| Other Changes | CN¥-93.77 Million | -7.66% |
| Total Change | CN¥- | 1.14% |
Book Value vs Market Value Analysis
This analysis compares Shanghai Hugong Elec(Group)'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: 5.78x
- 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 27.12x to 5.78x 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¥0.83 | CN¥22.54 | x |
| 2012-12-31 | CN¥1.03 | CN¥22.54 | x |
| 2013-12-31 | CN¥1.27 | CN¥22.54 | x |
| 2014-12-31 | CN¥1.42 | CN¥22.54 | x |
| 2015-12-31 | CN¥1.61 | CN¥22.54 | x |
| 2016-12-31 | CN¥2.57 | CN¥22.54 | x |
| 2017-12-31 | CN¥2.32 | CN¥22.54 | x |
| 2018-12-31 | CN¥3.53 | CN¥22.54 | x |
| 2019-12-31 | CN¥3.85 | CN¥22.54 | x |
| 2020-12-31 | CN¥4.24 | CN¥22.54 | x |
| 2021-12-31 | CN¥4.35 | CN¥22.54 | x |
| 2022-12-31 | CN¥4.00 | CN¥22.54 | x |
| 2023-12-31 | CN¥3.79 | CN¥22.54 | x |
| 2024-12-31 | CN¥3.90 | CN¥22.54 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shanghai Hugong Elec(Group) 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): 1.03%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.16%
- • Asset Turnover: 0.48x
- • Equity Multiplier: 1.82x
- Recent ROE (1.03%) is below the historical average (9.76%), 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 | 24.06% | 9.95% | 1.36x | 1.78x | CN¥24.37 Million |
| 2012 | 19.78% | 9.39% | 1.36x | 1.55x | CN¥21.28 Million |
| 2013 | 18.86% | 10.33% | 1.27x | 1.44x | CN¥23.75 Million |
| 2014 | 17.11% | 10.59% | 1.10x | 1.47x | CN¥21.09 Million |
| 2015 | 14.45% | 10.55% | 1.01x | 1.36x | CN¥14.92 Million |
| 2016 | 11.14% | 13.85% | 0.64x | 1.26x | CN¥7.08 Million |
| 2017 | 10.48% | 9.60% | 0.78x | 1.39x | CN¥3.14 Million |
| 2018 | 7.37% | 8.59% | 0.64x | 1.34x | CN¥-26.49 Million |
| 2019 | 7.78% | 10.49% | 0.56x | 1.32x | CN¥-27.12 Million |
| 2020 | 9.19% | 11.19% | 0.47x | 1.76x | CN¥-10.66 Million |
| 2021 | 10.34% | 11.01% | 0.54x | 1.73x | CN¥4.72 Million |
| 2022 | -10.47% | -13.37% | 0.43x | 1.83x | CN¥-259.07 Million |
| 2023 | -4.48% | -5.15% | 0.49x | 1.79x | CN¥-175.28 Million |
| 2024 | 1.03% | 1.16% | 0.48x | 1.82x | CN¥-109.85 Million |
Industry Comparison
This section compares Shanghai Hugong Elec(Group)'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 |
|---|---|---|---|---|
| Shanghai Hugong Elec(Group) (603131) | CN¥1.23 Billion | 24.06% | 0.71x | $491.70 Million |
| 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 |