Hoshine Silicon Ind Co Ltd

SHG:603260 China Chemicals
Market Cap
$7.90 Billion
CN¥57.96 Billion CNY
Market Cap Rank
#4809 Global
#538 in China
Share Price
CN¥49.03
Change (1 day)
+0.37%
52-Week Range
CN¥45.19 - CN¥65.50
All Time High
CN¥239.43
About

Hoshine Silicon Industry Co., Ltd. engages in the production and sale of silicon-based materials in China and internationally. It offers silicon metals and metal powders, and graphite carbon electrodes. The company also provides silicone products comprising hydroxyl terminated polydimethylsiloxane linears, tetramethyldisiloxane, silicone oil, acetic silicone and neutral silicone sealants, methyl … Read more

Hoshine Silicon Ind Co Ltd (603260) - Net Assets

Latest net assets as of September 2025: CN¥31.97 Billion CNY

Based on the latest financial reports, Hoshine Silicon Ind Co Ltd (603260) has net assets worth CN¥31.97 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¥86.15 Billion) and total liabilities (CN¥54.18 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¥31.97 Billion
% of Total Assets 37.11%
Annual Growth Rate 32.79%
5-Year Change 235.47%
10-Year Change 1518.02%
Growth Volatility 34.3

Hoshine Silicon Ind Co Ltd - Net Assets Trend (2012–2024)

This chart illustrates how Hoshine Silicon Ind 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 Hoshine Silicon Ind Co Ltd (2012–2024)

The table below shows the annual net assets of Hoshine Silicon Ind Co Ltd from 2012 to 2024.

Year Net Assets Change
2024-12-31 CN¥32.83 Billion +1.25%
2023-12-31 CN¥32.42 Billion +35.22%
2022-12-31 CN¥23.98 Billion +18.46%
2021-12-31 CN¥20.24 Billion +106.84%
2020-12-31 CN¥9.79 Billion +13.77%
2019-12-31 CN¥8.60 Billion +7.14%
2018-12-31 CN¥8.03 Billion +46.89%
2017-12-31 CN¥5.47 Billion +102.31%
2016-12-31 CN¥2.70 Billion +33.15%
2015-12-31 CN¥2.03 Billion +11.12%
2014-12-31 CN¥1.83 Billion +8.20%
2013-12-31 CN¥1.69 Billion +54.52%
2012-12-31 CN¥1.09 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Hoshine Silicon Ind 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 16748.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥20.13 Billion 61.29%
Common Stock CN¥1.18 Billion 3.60%
Other Comprehensive Income CN¥688.00 Million 2.09%
Other Components CN¥10.85 Billion 33.02%
Total Equity CN¥32.85 Billion 100.00%

Hoshine Silicon Ind Co Ltd Competitors by Market Cap

The table below lists competitors of Hoshine Silicon Ind Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Hoshine Silicon Ind Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 32,406,134,238 to 32,851,058,082, a change of 444,923,844 (1.4%).
  • Net income of 1,740,476,559 contributed positively to equity growth.
  • Dividend payments of 1,750,836,691 reduced retained earnings.
  • Share repurchases of 500,087,216 reduced equity.
  • Other comprehensive income increased equity by 27,611,997.
  • Other factors increased equity by 927,759,195.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥1.74 Billion +5.3%
Dividends Paid CN¥1.75 Billion -5.33%
Share Repurchases CN¥500.09 Million -1.52%
Other Comprehensive Income CN¥27.61 Million +0.08%
Other Changes CN¥927.76 Million +2.82%
Total Change CN¥- 1.37%

Book Value vs Market Value Analysis

This analysis compares Hoshine Silicon Ind 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: 1.76x
  • 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 38.21x to 1.76x 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¥1.28 CN¥49.03 x
2013-12-31 CN¥1.97 CN¥49.03 x
2014-12-31 CN¥2.13 CN¥49.03 x
2015-12-31 CN¥2.42 CN¥49.03 x
2016-12-31 CN¥3.16 CN¥49.03 x
2017-12-31 CN¥6.32 CN¥49.03 x
2018-12-31 CN¥8.45 CN¥49.03 x
2019-12-31 CN¥9.06 CN¥49.03 x
2020-12-31 CN¥10.33 CN¥49.03 x
2021-12-31 CN¥18.73 CN¥49.03 x
2022-12-31 CN¥22.19 CN¥49.03 x
2023-12-31 CN¥27.68 CN¥49.03 x
2024-12-31 CN¥27.93 CN¥49.03 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Hoshine Silicon Ind 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): 5.30%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 6.52%
  • • Asset Turnover: 0.29x
  • • Equity Multiplier: 2.76x
  • Recent ROE (5.30%) is below the historical average (17.37%), 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 2.39% 1.31% 0.43x 4.24x CN¥-83.08 Million
2013 10.28% 6.23% 0.51x 3.21x CN¥4.67 Million
2014 9.37% 5.32% 0.55x 3.18x CN¥-11.44 Million
2015 12.40% 6.90% 0.56x 3.19x CN¥48.32 Million
2016 24.65% 14.24% 0.62x 2.80x CN¥387.24 Million
2017 28.01% 21.83% 0.49x 2.62x CN¥975.42 Million
2018 35.37% 25.33% 0.69x 2.02x CN¥2.01 Billion
2019 13.02% 12.38% 0.51x 2.05x CN¥256.54 Million
2020 14.50% 15.66% 0.45x 2.07x CN¥435.72 Million
2021 40.87% 38.45% 0.71x 1.51x CN¥6.21 Billion
2022 21.60% 21.76% 0.44x 2.25x CN¥2.77 Billion
2023 8.09% 9.87% 0.32x 2.57x CN¥-617.78 Million
2024 5.30% 6.52% 0.29x 2.76x CN¥-1.54 Billion

Industry Comparison

This section compares Hoshine Silicon Ind Co Ltd's net assets metrics with peer companies in the Chemicals industry.

Industry Context

  • Industry: Chemicals
  • Average net assets among peers: $2,626,916,213
  • Average return on equity (ROE) among peers: 12.41%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Hoshine Silicon Ind Co Ltd (603260) CN¥31.97 Billion 2.39% 1.69x $2.11 Billion
North Huajin Chemical Industries Co Ltd (000059) $6.22 Billion 3.15% 2.45x $677.73 Million
Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) $1.22 Billion 8.90% 0.47x $2.89 Billion
Zangge Holding Co Ltd (000408) $13.85 Billion 18.63% 0.09x $11.87 Billion
Sichuan Jinlu Group Co Ltd (000510) $31.03 Million 11.65% 3.42x $1.15 Billion
Jilin Gpro Titanium Industry Co Ltd (000545) $258.76 Million 6.78% 0.30x $423.89 Million
Aoyuan Beauty Valley Technology Co Ltd (000615) $54.68 Million 39.27% 1.16x $225.85 Million
Ningxia Younglight Chemicals Co Ltd (000635) $184.46 Million 13.30% 2.58x $295.21 Million
Maoming Petro-Chemical Shihua Co Ltd (000637) $691.87 Million 1.61% 0.02x $187.22 Million
Shenyang Chemical Industry Co Ltd (000698) $3.01 Billion 7.14% 1.28x $240.44 Million
Hubei Shuanghuan Science and Technology Stock Co Ltd (000707) $759.12 Million 13.65% 0.22x $412.94 Million