Hangzhou Fortune Gas Cryogenic Group Co. Ltd. A
Hangzhou Fortune Gas Cryogenic Group Co., Ltd. engages in the research, design, and complete service of various industrial gas cryogenic technologies, natural gas treatment and liquefaction technologies, and technologies related to syngas and hydrogen. It offers turnkey; spare parts, remote support, and personnel dispatch; and installation supervision, commissioning, and operation grantee service… Read more
Hangzhou Fortune Gas Cryogenic Group Co. Ltd. A (603173) - Net Assets
Latest net assets as of June 2025: CN¥1.80 Billion CNY
Based on the latest financial reports, Hangzhou Fortune Gas Cryogenic Group Co. Ltd. A (603173) has net assets worth CN¥1.80 Billion CNY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥5.72 Billion) and total liabilities (CN¥3.92 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¥1.80 Billion |
| % of Total Assets | 31.47% |
| Annual Growth Rate | 48.26% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 54.43 |
Hangzhou Fortune Gas Cryogenic Group Co. Ltd. A - Net Assets Trend (2021–2024)
This chart illustrates how Hangzhou Fortune Gas Cryogenic Group Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Hangzhou Fortune Gas Cryogenic Group Co. Ltd. A (2021–2024)
The table below shows the annual net assets of Hangzhou Fortune Gas Cryogenic Group Co. Ltd. A from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.63 Billion | +11.91% |
| 2023-12-31 | CN¥1.45 Billion | +133.30% |
| 2022-12-31 | CN¥623.03 Million | +24.85% |
| 2021-12-31 | CN¥499.03 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hangzhou Fortune Gas Cryogenic Group Co. Ltd. A'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 294.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥591.69 Million | 36.37% |
| Other Components | CN¥1.04 Billion | 63.63% |
| Total Equity | CN¥1.63 Billion | 100.00% |
Hangzhou Fortune Gas Cryogenic Group Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Hangzhou Fortune Gas Cryogenic Group Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Blue Water Acquisition Corp. III Class A Ordinary Shares
NASDAQ:BLUW
|
$264.73 Million |
|
CAPITAL BANCORP. DL-01
F:316
|
$264.76 Million |
|
Orange Belgium SA
BR:OBEL
|
$264.79 Million |
|
Perpetual Equity Investment Company Ltd
AU:PIC
|
$264.79 Million |
|
Zhejiang Wellsun Intelligent Tech
SHE:300882
|
$264.71 Million |
|
Tellgen Corp
SHE:300642
|
$264.70 Million |
|
B.Grimm Power Public Company Limited
BK:BGRIM
|
$264.68 Million |
|
PYC Therapeutics Ltd
AU:PYC
|
$264.67 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hangzhou Fortune Gas Cryogenic Group Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,453,554,801 to 1,626,709,295, a change of 173,154,494 (11.9%).
- Net income of 261,162,962 contributed positively to equity growth.
- Dividend payments of 60,722,542 reduced retained earnings.
- Other factors decreased equity by 27,285,926.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥261.16 Million | +16.05% |
| Dividends Paid | CN¥60.72 Million | -3.73% |
| Other Changes | CN¥-27.29 Million | -1.68% |
| Total Change | CN¥- | 11.91% |
Book Value vs Market Value Analysis
This analysis compares Hangzhou Fortune Gas Cryogenic Group Co. Ltd. A'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: 4.20x
- 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 10.27x to 4.20x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | CN¥4.16 | CN¥42.70 | x |
| 2022-12-31 | CN¥5.19 | CN¥42.70 | x |
| 2023-12-31 | CN¥9.08 | CN¥42.70 | x |
| 2024-12-31 | CN¥10.17 | CN¥42.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hangzhou Fortune Gas Cryogenic Group Co. Ltd. A 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): 16.05%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.80%
- • Asset Turnover: 0.46x
- • Equity Multiplier: 3.26x
- Recent ROE (16.05%) is below the historical average (21.02%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 32.10% | 11.07% | 0.71x | 4.07x | CN¥110.27 Million |
| 2022 | 22.78% | 7.53% | 0.65x | 4.67x | CN¥79.64 Million |
| 2023 | 13.15% | 8.87% | 0.49x | 3.03x | CN¥45.79 Million |
| 2024 | 16.05% | 10.80% | 0.46x | 3.26x | CN¥98.49 Million |
Industry Comparison
This section compares Hangzhou Fortune Gas Cryogenic Group Co. Ltd. A'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 |
|---|---|---|---|---|
| Hangzhou Fortune Gas Cryogenic Group Co. Ltd. A (603173) | CN¥1.80 Billion | 32.10% | 2.18x | $264.71 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 |