Hoshine Silicon Ind Co Ltd Net Assets
Hoshine Silicon Ind Co Ltd net assets. Based on the latest financial reports, Hoshine Silicon Ind Co Ltd (603260) has net assets worth CN¥29.82 Billion CNY (≈ $4.36 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥81.75 Billion ≈ $11.96 Billion USD) and total liabilities (CN¥51.93 Billion ≈ $7.60 Billion 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 net asset momentum of Hoshine Silicon Ind Co Ltd to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥29.82 Billion |
| % of Total Assets | 36.48% |
| Annual Growth Rate | 28.79% |
| 5-Year Change | 44.74% |
| 10-Year Change | 984.49% |
| Growth Volatility | 35.28 |
Net Assets of Hoshine Silicon Ind Co Ltd (2012–2025)
Net assets of Hoshine Silicon Ind Co Ltd from 2012 to 2025. This chart illustrates how Hoshine Silicon Ind Co Ltd's net assets have evolved over time, based on quarterly financial data. See debt-free asset ratio of Hoshine Silicon Ind Co Ltd to measure how much of total assets are equity-financed.
Annual Net Assets for Hoshine Silicon Ind Co Ltd (2012–2025)
The table below shows the annual net assets of Hoshine Silicon Ind Co Ltd from 2012 to 2025. For live market cap and overall valuation, see 603260 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥29.30 Billion ≈ $4.29 Billion |
-10.76% |
| 2024-12-31 | CN¥32.83 Billion ≈ $4.80 Billion |
+1.25% |
| 2023-12-31 | CN¥32.42 Billion ≈ $4.74 Billion |
+35.22% |
| 2022-12-31 | CN¥23.98 Billion ≈ $3.51 Billion |
+18.46% |
| 2021-12-31 | CN¥20.24 Billion ≈ $2.96 Billion |
+106.84% |
| 2020-12-31 | CN¥9.79 Billion ≈ $1.43 Billion |
+13.77% |
| 2019-12-31 | CN¥8.60 Billion ≈ $1.26 Billion |
+7.14% |
| 2018-12-31 | CN¥8.03 Billion ≈ $1.17 Billion |
+46.89% |
| 2017-12-31 | CN¥5.47 Billion ≈ $799.76 Million |
+102.31% |
| 2016-12-31 | CN¥2.70 Billion ≈ $395.32 Million |
+33.15% |
| 2015-12-31 | CN¥2.03 Billion ≈ $296.91 Million |
+11.12% |
| 2014-12-31 | CN¥1.83 Billion ≈ $267.18 Million |
+8.20% |
| 2013-12-31 | CN¥1.69 Billion ≈ $246.94 Million |
+54.52% |
| 2012-12-31 | CN¥1.09 Billion ≈ $159.81 Million |
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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 13804.1% over the analyzed period, indicating profitable operations and earnings retention.
Hoshine Silicon Ind Co Ltd Net Assets Breakdown (December 2025)
Hoshine Silicon Ind Co Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥16.61 Billion | 56.81% |
| Other Components | CN¥12.63 Billion | 43.19% |
| Total Equity | CN¥29.25 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.
| Company | Market Cap |
|---|---|
|
Chartwell Retirement Residences
TO:CSH-UN
|
$5.19 Billion |
|
Glanbia PLC
IR:GL9
|
$5.20 Billion |
|
Budimex S.A.
WAR:BDX
|
$5.20 Billion |
|
AAC Technologies Holdings Inc
F:A2XN
|
$5.21 Billion |
|
EVN AG
VI:EVN
|
$5.18 Billion |
|
Yancoal Australia Ltd
AU:YAL
|
$5.18 Billion |
|
INTERCORP FIN.SERV. O.N.
F:9IFA
|
$5.18 Billion |
|
Intercorp Financial Services Inc
NYSE:IFS
|
$5.17 Billion |
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 2024 to 2025, total equity changed from 32,851,058,082 to 29,248,564,861, a change of -3,602,493,221 (-11.0%).
- Net loss of 2,990,853,048 reduced equity.
- Dividend payments of 1,296,500,503 reduced retained earnings.
- Other comprehensive income decreased equity by 688,003,612.
- Other factors increased equity by 1,372,863,942.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-2.99 Billion | -10.23% |
| Dividends Paid | CN¥1.30 Billion | -4.43% |
| Other Comprehensive Income | CN¥-688.00 Million | -2.35% |
| Other Changes | CN¥1.37 Billion | +4.69% |
| Total Change | CN¥- | -10.97% |
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: 1.21x
- 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 23.39x to 1.21x 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¥30.01 | x |
| 2013-12-31 | CN¥1.97 | CN¥30.01 | x |
| 2014-12-31 | CN¥2.13 | CN¥30.01 | x |
| 2015-12-31 | CN¥2.42 | CN¥30.01 | x |
| 2016-12-31 | CN¥3.16 | CN¥30.01 | x |
| 2017-12-31 | CN¥6.32 | CN¥30.01 | x |
| 2018-12-31 | CN¥8.45 | CN¥30.01 | x |
| 2019-12-31 | CN¥9.06 | CN¥30.01 | x |
| 2020-12-31 | CN¥10.33 | CN¥30.01 | x |
| 2021-12-31 | CN¥18.73 | CN¥30.01 | x |
| 2022-12-31 | CN¥22.19 | CN¥30.01 | x |
| 2023-12-31 | CN¥27.68 | CN¥30.01 | x |
| 2024-12-31 | CN¥27.93 | CN¥30.01 | x |
| 2025-12-31 | CN¥24.74 | CN¥30.01 | 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): -10.23%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -14.59%
- • Asset Turnover: 0.25x
- • Equity Multiplier: 2.86x
- Recent ROE (-10.23%) is below the historical average (15.40%), 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 |
| 2025 | -10.23% | -14.59% | 0.25x | 2.86x | CN¥-5.92 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: $4,847,026,607
- Average return on equity (ROE) among peers: -26.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hoshine Silicon Ind Co Ltd (603260) | CN¥29.82 Billion | 2.39% | 1.74x | $5.19 Billion |
| North Huajin Chemical Industries Co Ltd (000059) | $11.08 Billion | 16.27% | 1.83x | $1.07 Billion |
| Sichuan Chemical Co Ltd (000155) | $6.60 Billion | 4.04% | 1.40x | $2.48 Billion |
| Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) | $15.30 Billion | 10.55% | 1.29x | $10.07 Billion |
| Zangge Holding Co Ltd (000408) | $467.64 Million | 3.25% | 0.88x | $15.25 Billion |
| Sichuan Jinlu Group Co Ltd (000510) | $795.87 Million | 1.77% | 0.94x | $909.16 Million |
| Jilin Gpro Titanium Industry Co Ltd (000545) | $38.72 Million | -326.47% | 8.38x | $277.26 Million |
| Aoyuan Beauty Valley Technology Co Ltd (000615) | $728.86 Million | 0.46% | 0.67x | $779.47 Million |
| Ningxia Younglight Chemicals Co Ltd (000635) | $474.34 Million | 6.08% | 0.53x | $547.90 Million |
| Maoming Petro-Chemical Shihua Co Ltd (000637) | $824.49 Million | 10.82% | 0.01x | $282.23 Million |
| Inner Mongolia Yuan Xing Energy Co Ltd (000683) | $12.16 Billion | 5.54% | 0.93x | $3.33 Billion |
About Hoshine Silicon Ind Co Ltd
Hoshine Silicon Industry Co., Ltd. engages in the production and sale of silicon-based materials in China and internationally. It offers solar panels, including N-type monocrystalline high-efficiency bifacial modules; silicon metals, silicon metal powders, and fine silicon metal powders; and graphitized carbon electrodes. The company also provides silicone monomers comprising methyltrichlorosilan… Read more