Vohringer Home Technology Co Ltd
Vohringer Home Technology Co.,Ltd. engages in the research, development, design, production, and sales of wood flooring and house furniture products in China. It offers laminate, multi-layer solid wood composite, three-layer solid wood, and pure solid wood floorings, as well as integrated kitchens. The company was founded in 1995 and is headquartered in Shanghai, China.
Vohringer Home Technology Co Ltd (603226) - Net Assets
Latest net assets as of September 2025: CN¥955.86 Million CNY
Based on the latest financial reports, Vohringer Home Technology Co Ltd (603226) has net assets worth CN¥955.86 Million 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¥1.33 Billion) and total liabilities (CN¥374.32 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¥955.86 Million |
| % of Total Assets | 71.86% |
| Annual Growth Rate | 14.23% |
| 5-Year Change | -2.8% |
| 10-Year Change | 303.84% |
| Growth Volatility | 35.56 |
Vohringer Home Technology Co Ltd - Net Assets Trend (2012–2024)
This chart illustrates how Vohringer Home Technology 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 Vohringer Home Technology Co Ltd (2012–2024)
The table below shows the annual net assets of Vohringer Home Technology Co Ltd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.00 Billion | -5.03% |
| 2023-12-31 | CN¥1.06 Billion | -2.12% |
| 2022-12-31 | CN¥1.08 Billion | +0.12% |
| 2021-12-31 | CN¥1.08 Billion | +4.43% |
| 2020-12-31 | CN¥1.03 Billion | +12.17% |
| 2019-12-31 | CN¥920.55 Million | +11.41% |
| 2018-12-31 | CN¥826.24 Million | +13.20% |
| 2017-12-31 | CN¥729.92 Million | +129.03% |
| 2016-12-31 | CN¥318.70 Million | +28.24% |
| 2015-12-31 | CN¥248.51 Million | +29.92% |
| 2014-12-31 | CN¥191.29 Million | -13.09% |
| 2013-12-31 | CN¥220.10 Million | +8.20% |
| 2012-12-31 | CN¥203.42 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Vohringer Home Technology 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 274.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥386.56 Million | 41.00% |
| Common Stock | CN¥355.49 Million | 37.70% |
| Other Components | CN¥200.89 Million | 21.30% |
| Total Equity | CN¥942.95 Million | 100.00% |
Vohringer Home Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Vohringer Home Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Natura &Co Holding S.A.
SA:NTCO3
|
$1.42 Billion |
|
Mack-Cali Realty Corporation
F:WY4
|
$1.42 Billion |
|
Avepoint Inc
NASDAQ:AVPT
|
$1.42 Billion |
|
HMS Networks AB (publ)
OTCGREY:HMNKF
|
$1.42 Billion |
|
BTG Hotels Group Co Ltd
SHG:600258
|
$1.42 Billion |
|
Anhui Wanwei Updated High-tech Material Industry Co Ltd
SHG:600063
|
$1.42 Billion |
|
Bluestar Adisseo Co
SHG:600299
|
$1.42 Billion |
|
Suzhou Recodeal Interconnect System Co Ltd
SHG:688800
|
$1.42 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vohringer Home Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 984,116,142 to 942,945,882, a change of -41,170,260 (-4.2%).
- Net loss of 37,307,068 reduced equity.
- Dividend payments of 4,524,502 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-37.31 Million | -3.96% |
| Dividends Paid | CN¥4.52 Million | -0.48% |
| Other Changes | CN¥661.31K | +0.07% |
| Total Change | CN¥- | -4.18% |
Book Value vs Market Value Analysis
This analysis compares Vohringer Home Technology 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: 15.43x
- 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 51.19x to 15.43x 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¥0.76 | CN¥39.00 | x |
| 2013-12-31 | CN¥0.85 | CN¥39.00 | x |
| 2014-12-31 | CN¥0.74 | CN¥39.00 | x |
| 2015-12-31 | CN¥0.96 | CN¥39.00 | x |
| 2016-12-31 | CN¥1.24 | CN¥39.00 | x |
| 2017-12-31 | CN¥3.13 | CN¥39.00 | x |
| 2018-12-31 | CN¥2.31 | CN¥39.00 | x |
| 2019-12-31 | CN¥2.61 | CN¥39.00 | x |
| 2020-12-31 | CN¥2.81 | CN¥39.00 | x |
| 2021-12-31 | CN¥2.81 | CN¥39.00 | x |
| 2022-12-31 | CN¥2.82 | CN¥39.00 | x |
| 2023-12-31 | CN¥2.85 | CN¥39.00 | x |
| 2024-12-31 | CN¥2.53 | CN¥39.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vohringer Home Technology 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): -3.96%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -11.10%
- • Asset Turnover: 0.23x
- • Equity Multiplier: 1.52x
- Recent ROE (-3.96%) is below the historical average (9.91%), 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 | 8.27% | 2.96% | 1.04x | 2.70x | CN¥-3.36 Million |
| 2013 | 11.80% | 4.22% | 1.01x | 2.78x | CN¥3.95 Million |
| 2014 | 21.81% | 6.37% | 1.15x | 2.99x | CN¥22.58 Million |
| 2015 | 27.05% | 9.47% | 1.31x | 2.18x | CN¥42.38 Million |
| 2016 | 22.02% | 10.10% | 1.21x | 1.80x | CN¥38.31 Million |
| 2017 | 10.97% | 10.05% | 0.81x | 1.34x | CN¥7.08 Million |
| 2018 | 11.96% | 11.84% | 0.78x | 1.29x | CN¥16.19 Million |
| 2019 | 12.25% | 14.16% | 0.70x | 1.24x | CN¥20.72 Million |
| 2020 | 6.09% | 10.12% | 0.46x | 1.30x | CN¥-39.11 Million |
| 2021 | 2.03% | 2.60% | 0.56x | 1.40x | CN¥-79.69 Million |
| 2022 | 0.97% | 1.85% | 0.37x | 1.41x | CN¥-90.57 Million |
| 2023 | -2.46% | -6.12% | 0.28x | 1.43x | CN¥-122.60 Million |
| 2024 | -3.96% | -11.10% | 0.23x | 1.52x | CN¥-131.60 Million |
Industry Comparison
This section compares Vohringer Home Technology Co Ltd's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $21,724,256,275
- Average return on equity (ROE) among peers: 12.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vohringer Home Technology Co Ltd (603226) | CN¥955.86 Million | 8.27% | 0.39x | $1.42 Billion |
| Midea Group Co Ltd (000333) | $174.30 Billion | 19.35% | 1.79x | $52.26 Billion |
| Gree Electric Appliances Inc of Zhuhai (000651) | $18.38 Billion | 28.50% | 3.64x | $20.32 Billion |
| Hisense Kelon Electrical Holdings Co Ltd (000921) | $4.47 Billion | 12.97% | 2.19x | $1.73 Billion |
| Suncha Technology Co Ltd (001211) | $871.29 Million | 3.26% | 1.13x | $140.14 Million |
| Beijing Liven Technology Co. Ltd. (001259) | $147.07 Million | 8.03% | 1.46x | $103.19 Million |
| De Rucci Healthy Sleep Co. Ltd. (001323) | $4.36 Billion | 16.25% | 0.33x | $252.27 Million |
| Tongda Smart Tech (Xiamen) Co. Ltd. A (001368) | $1.41 Billion | 7.18% | 0.18x | $107.70 Million |
| Hefei Snowky Elec Co Ltd (001387) | $243.27 Million | 1.71% | 3.79x | $137.43 Million |
| Elec-Tech International Co Ltd (002005) | $5.99 Billion | 0.33% | 1.24x | $402.60 Million |
| Zhejiang Supor Co Ltd (002032) | $7.07 Billion | 29.23% | 0.83x | $795.41 Million |