Hoshine Silicon Ind Co Ltd (603260) - Net Assets
Based on the latest financial reports, Hoshine Silicon Ind Co Ltd (603260) has net assets worth CN¥31.97 Billion CNY (≈ $4.68 Billion USD) 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 ≈ $12.61 Billion USD) and total liabilities (CN¥54.18 Billion ≈ $7.93 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. Check Hoshine Silicon Ind Co Ltd (603260) asset resilience to evaluate the company's liquid asset resilience ratio.
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. Also explore how large is Hoshine Silicon Ind Co Ltd's balance sheet for the complete picture of this company's asset base.
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. For live valuation and market cap data, see Hoshine Silicon Ind Co Ltd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 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 |
-- |
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.
| Company | Market Cap |
|---|---|
|
Shanghai Fosun Pharmaceutical Group Co Ltd
SHG:600196
|
$7.72 Billion |
|
Beacon Roofing Supply Inc
NASDAQ:BECN
|
$7.72 Billion |
|
One 97 Communications Limited
NSE:PAYTM
|
$7.72 Billion |
|
Nemetschek AG O.N.
XETRA:NEM
|
$7.73 Billion |
|
Chang Hwa Commercial Bank Ltd
TW:2801
|
$7.71 Billion |
|
Tripod Technology Corp
TW:3044
|
$7.71 Billion |
|
Indutrade AB
ST:INDT
|
$7.71 Billion |
|
Lumen Technologies Inc
NYSE:LUMN
|
$7.71 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 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: 1.60x
- 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 34.76x to 1.60x 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¥44.60 | x |
| 2013-12-31 | CN¥1.97 | CN¥44.60 | x |
| 2014-12-31 | CN¥2.13 | CN¥44.60 | x |
| 2015-12-31 | CN¥2.42 | CN¥44.60 | x |
| 2016-12-31 | CN¥3.16 | CN¥44.60 | x |
| 2017-12-31 | CN¥6.32 | CN¥44.60 | x |
| 2018-12-31 | CN¥8.45 | CN¥44.60 | x |
| 2019-12-31 | CN¥9.06 | CN¥44.60 | x |
| 2020-12-31 | CN¥10.33 | CN¥44.60 | x |
| 2021-12-31 | CN¥18.73 | CN¥44.60 | x |
| 2022-12-31 | CN¥22.19 | CN¥44.60 | x |
| 2023-12-31 | CN¥27.68 | CN¥44.60 | x |
| 2024-12-31 | CN¥27.93 | CN¥44.60 | 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: $1,956,000,589
- Average return on equity (ROE) among peers: 5.11%
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 | $7.72 Billion |
| North Huajin Chemical Industries Co Ltd (000059) | $5.67 Billion | 4.23% | 0.58x | $1.33 Billion |
| Sichuan Chemical Co Ltd (000155) | $1.77 Billion | 7.68% | 0.52x | $4.71 Billion |
| Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) | $312.27 Million | 16.90% | 1.60x | $12.84 Billion |
| Zangge Holding Co Ltd (000408) | $5.99 Billion | 15.23% | 0.23x | $20.51 Billion |
| Sichuan Jinlu Group Co Ltd (000510) | $1.36 Billion | 21.99% | 0.60x | $1.34 Billion |
| Jilin Gpro Titanium Industry Co Ltd (000545) | $1.90 Billion | 6.35% | 0.42x | $436.10 Million |
| Aoyuan Beauty Valley Technology Co Ltd (000615) | $545.03 Million | 6.87% | 0.36x | $871.02 Million |
| Ningxia Younglight Chemicals Co Ltd (000635) | $1.10 Billion | -45.68% | 1.34x | $470.62 Million |
| Maoming Petro-Chemical Shihua Co Ltd (000637) | $223.90 Million | 24.85% | 0.57x | $366.68 Million |
| Inner Mongolia Yuan Xing Energy Co Ltd (000683) | $679.21 Million | -7.29% | 2.63x | $4.87 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 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