Qingdao Hiron Commercial Cold Chain Co Ltd Net Assets
Qingdao Hiron Commercial Cold Chain Co Ltd net assets. Based on the latest financial reports, Qingdao Hiron Commercial Cold Chain Co Ltd (603187) has net assets worth CN¥4.25 Billion CNY (≈ $621.84 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥6.23 Billion ≈ $911.20 Million USD) and total liabilities (CN¥1.98 Billion ≈ $289.36 Million USD). 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. Also explore 603187 net assets growth trend to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥4.25 Billion |
| % of Total Assets | 68.24% |
| Annual Growth Rate | 35.99% |
| 5-Year Change | 81.0% |
| 10-Year Change | 805.57% |
| Growth Volatility | 40.94 |
Net Assets of Qingdao Hiron Commercial Cold Chain Co Ltd (2012–2025)
Net assets of Qingdao Hiron Commercial Cold Chain Co Ltd from 2012 to 2025. This chart illustrates how Qingdao Hiron Commercial Cold Chain Co Ltd's net assets have evolved over time, based on quarterly financial data. See Qingdao Hiron Commercial Cold Chain Co L balance sheet independence to measure how much of total assets are equity-financed.
Annual Net Assets for Qingdao Hiron Commercial Cold Chain Co Ltd (2012–2025)
The table below shows the annual net assets of Qingdao Hiron Commercial Cold Chain Co Ltd from 2012 to 2025. For live market cap and overall valuation, see 603187 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥4.33 Billion ≈ $633.85 Million |
+4.10% |
| 2024-12-31 | CN¥4.16 Billion ≈ $608.86 Million |
+3.51% |
| 2023-12-31 | CN¥4.02 Billion ≈ $588.19 Million |
+9.30% |
| 2022-12-31 | CN¥3.68 Billion ≈ $538.13 Million |
+53.67% |
| 2021-12-31 | CN¥2.39 Billion ≈ $350.19 Million |
+31.22% |
| 2020-12-31 | CN¥1.82 Billion ≈ $266.87 Million |
+24.40% |
| 2019-12-31 | CN¥1.47 Billion ≈ $214.52 Million |
+13.35% |
| 2018-12-31 | CN¥1.29 Billion ≈ $189.25 Million |
+127.98% |
| 2017-12-31 | CN¥567.26 Million ≈ $83.01 Million |
+18.59% |
| 2016-12-31 | CN¥478.33 Million ≈ $69.99 Million |
+25.10% |
| 2015-12-31 | CN¥382.36 Million ≈ $55.95 Million |
+130.43% |
| 2014-12-31 | CN¥165.93 Million ≈ $24.28 Million |
+58.51% |
| 2013-12-31 | CN¥104.68 Million ≈ $15.32 Million |
+31.41% |
| 2012-12-31 | CN¥79.66 Million ≈ $11.66 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Qingdao Hiron Commercial Cold Chain 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 13214.7% over the analyzed period, indicating profitable operations and earnings retention.
Qingdao Hiron Commercial Cold Chain Co Ltd Net Assets Breakdown (December 2025)
Qingdao Hiron Commercial Cold Chain Co Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.58 Billion | 36.52% |
| Other Components | CN¥2.74 Billion | 63.48% |
| Total Equity | CN¥4.32 Billion | 100.00% |
Qingdao Hiron Commercial Cold Chain Co Ltd Competitors by Market Cap
The table below lists competitors of Qingdao Hiron Commercial Cold Chain Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Haier Smart Home Co Ltd
F:690D
|
$574.50 Million |
|
Zhejiang Jasan Holding Group Co Ltd
SHG:603558
|
$574.59 Million |
|
Gansu Dunhuang Seed Co Ltd
SHG:600354
|
$574.62 Million |
|
Unity Bancorp Inc
NASDAQ:UNTY
|
$574.64 Million |
|
Autohellas S.A.
AT:OTOEL
|
$574.47 Million |
|
Haier Smart Home Co Ltd
XETRA:690D
|
$574.44 Million |
|
Skandinaviska Enskilda Banken AB (publ)
ST:SEB-C
|
$574.42 Million |
|
OmniAb Inc.
NASDAQ:OABI
|
$574.29 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Qingdao Hiron Commercial Cold Chain Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,132,455,441 to 4,320,672,678, a change of 188,217,237 (4.6%).
- Net income of 388,565,017 contributed positively to equity growth.
- Dividend payments of 190,850,592 reduced retained earnings.
- Other comprehensive income decreased equity by 248,108,128.
- Other factors increased equity by 238,610,941.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥388.57 Million | +8.99% |
| Dividends Paid | CN¥190.85 Million | -4.42% |
| Other Comprehensive Income | CN¥-248.11 Million | -5.74% |
| Other Changes | CN¥238.61 Million | +5.52% |
| Total Change | CN¥- | 4.55% |
Book Value vs Market Value Analysis
This analysis compares Qingdao Hiron Commercial Cold Chain 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: 0.91x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 25.35x to 0.91x 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¥0.40 | CN¥10.16 | x |
| 2013-12-31 | CN¥0.53 | CN¥10.16 | x |
| 2014-12-31 | CN¥0.84 | CN¥10.16 | x |
| 2015-12-31 | CN¥1.71 | CN¥10.16 | x |
| 2016-12-31 | CN¥2.08 | CN¥10.16 | x |
| 2017-12-31 | CN¥2.46 | CN¥10.16 | x |
| 2018-12-31 | CN¥5.45 | CN¥10.16 | x |
| 2019-12-31 | CN¥4.74 | CN¥10.16 | x |
| 2020-12-31 | CN¥5.61 | CN¥10.16 | x |
| 2021-12-31 | CN¥7.13 | CN¥10.16 | x |
| 2022-12-31 | CN¥10.23 | CN¥10.16 | x |
| 2023-12-31 | CN¥10.44 | CN¥10.16 | x |
| 2024-12-31 | CN¥10.75 | CN¥10.16 | x |
| 2025-12-31 | CN¥11.18 | CN¥10.16 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Qingdao Hiron Commercial Cold Chain 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): 8.99%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.60%
- • Asset Turnover: 0.55x
- • Equity Multiplier: 1.42x
- Recent ROE (8.99%) is below the historical average (17.06%), 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 | 19.48% | 4.55% | 1.06x | 4.05x | CN¥7.56 Million |
| 2013 | 23.90% | 5.33% | 1.03x | 4.35x | CN¥14.55 Million |
| 2014 | 31.43% | 9.11% | 1.14x | 3.03x | CN¥35.56 Million |
| 2015 | 30.87% | 13.65% | 1.08x | 2.10x | CN¥79.78 Million |
| 2016 | 26.33% | 14.92% | 0.93x | 1.90x | CN¥78.13 Million |
| 2017 | 20.97% | 12.33% | 0.89x | 1.92x | CN¥62.21 Million |
| 2018 | 10.77% | 11.50% | 0.64x | 1.47x | CN¥9.97 Million |
| 2019 | 14.95% | 14.25% | 0.69x | 1.53x | CN¥72.49 Million |
| 2020 | 14.76% | 14.18% | 0.59x | 1.77x | CN¥86.50 Million |
| 2021 | 9.51% | 8.46% | 0.72x | 1.57x | CN¥-11.48 Million |
| 2022 | 8.02% | 10.06% | 0.57x | 1.40x | CN¥-72.29 Million |
| 2023 | 10.35% | 12.89% | 0.57x | 1.41x | CN¥13.91 Million |
| 2024 | 8.56% | 12.49% | 0.51x | 1.35x | CN¥-59.58 Million |
| 2025 | 8.99% | 11.60% | 0.55x | 1.42x | CN¥-43.50 Million |
Industry Comparison
This section compares Qingdao Hiron Commercial Cold Chain Co Ltd's net assets metrics with peer companies in the Business Equipment & Supplies industry.
Industry Context
- Industry: Business Equipment & Supplies
- Average net assets among peers: $5,706,662,166
- Average return on equity (ROE) among peers: 7.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Qingdao Hiron Commercial Cold Chain Co Ltd (603187) | CN¥4.25 Billion | 19.48% | 0.47x | $574.47 Million |
| Shaanxi Fenghuo Electronics Co Ltd (000561) | $899.87 Million | 12.28% | 0.59x | $907.79 Million |
| Guangbo Group Stock Co Ltd (002103) | $723.86 Million | 8.31% | 0.76x | $504.27 Million |
| Hengbao Co Ltd (002104) | $146.35 Million | 26.76% | 0.76x | $963.98 Million |
| GRG Banking Equipment Co Ltd (002152) | $45.16 Billion | 1.90% | -0.34x | $3.18 Billion |
| Guangzhou KingTeller Technology Co Ltd (002177) | $1.61 Billion | 8.20% | 0.15x | $575.87 Million |
| Shenzhen Comix Group Co Ltd (002301) | $2.87 Billion | -19.57% | 2.07x | $720.91 Million |
| Shandong New Beiyang Information Technology Co Ltd (002376) | $3.86 Billion | 3.78% | 0.67x | $791.13 Million |
| Suzhou Goldengreen Technologies Ltd (002808) | $298.08 Million | 14.16% | 0.16x | $8.65 Million |
| Xgd Inc (300130) | $167.78 Million | 26.46% | 0.14x | $1.47 Billion |
| Wuhan Tianyu Info Industry (300205) | $1.33 Billion | -4.58% | 1.12x | $280.04 Million |
About Qingdao Hiron Commercial Cold Chain Co Ltd
Qingdao Hiron Commercial Cold Chain Co., Ltd. engages in the research, development, production, sale, and service of commercial cold chain equipment in China. The company offers commercial freezing display cabinets, commercial refrigerating display cabinets, supermarket display cabinets, commercial smart venting cabinets, and other cold chain equipment, as well as optional accessories. It also pr… Read more