HUAQIN TECHNOLOGY LTD A
Huaqin Technology Co., Ltd. engages in the development, manufacturing, and operation service of software, hardware, systems for tech companies worldwide. The company offers mobile phones, tablets, laptops, smart wearables, AIoT products, IDC products, and automotive electronics, as well as provides processes and solutions for smart products in mold manufacturing, structural parts molding, and sur… Read more
HUAQIN TECHNOLOGY LTD A (603296) - Net Assets
Latest net assets as of June 2025: CN¥24.09 Billion CNY
Based on the latest financial reports, HUAQIN TECHNOLOGY LTD A (603296) has net assets worth CN¥24.09 Billion CNY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥94.99 Billion) and total liabilities (CN¥70.89 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¥24.09 Billion |
| % of Total Assets | 25.36% |
| Annual Growth Rate | 33.38% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 24.17 |
HUAQIN TECHNOLOGY LTD A - Net Assets Trend (2021–2024)
This chart illustrates how HUAQIN TECHNOLOGY LTD A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for HUAQIN TECHNOLOGY LTD A (2021–2024)
The table below shows the annual net assets of HUAQIN TECHNOLOGY LTD A from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥22.92 Billion | +9.98% |
| 2023-12-31 | CN¥20.84 Billion | +67.94% |
| 2022-12-31 | CN¥12.41 Billion | +28.48% |
| 2021-12-31 | CN¥9.66 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to HUAQIN TECHNOLOGY LTD A'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 176.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥10.95 Billion | 48.59% |
| Other Components | CN¥11.59 Billion | 51.41% |
| Total Equity | CN¥22.54 Billion | 100.00% |
HUAQIN TECHNOLOGY LTD A Competitors by Market Cap
The table below lists competitors of HUAQIN TECHNOLOGY LTD A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SM Energy Co
NYSE:SM
|
$3.04 Billion |
|
ADT Inc
NYSE:ADT
|
$3.04 Billion |
|
Chongqing Rural Commercial Bank Co. Ltd
OTCGREY:COGQF
|
$3.04 Billion |
|
Standex International Corporation
NYSE:SXI
|
$3.04 Billion |
|
LandMark Optoelectronics
TWO:3081
|
$3.03 Billion |
|
Boyd Group Services Inc
PINK:BYDGF
|
$3.03 Billion |
|
Bosch Limited
NSE:BOSCHLTD
|
$3.03 Billion |
|
ICU Medical Inc
NASDAQ:ICUI
|
$3.03 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HUAQIN TECHNOLOGY LTD A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 20,866,331,547 to 22,543,257,912, a change of 1,676,926,365 (8.0%).
- Net income of 2,926,223,274 contributed positively to equity growth.
- Dividend payments of 1,065,565,242 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥2.93 Billion | +12.98% |
| Dividends Paid | CN¥1.07 Billion | -4.73% |
| Other Changes | CN¥-183.73 Million | -0.82% |
| Total Change | CN¥- | 8.04% |
Book Value vs Market Value Analysis
This analysis compares HUAQIN TECHNOLOGY LTD A'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: 4.08x
- 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 8.65x to 4.08x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | CN¥10.48 | CN¥90.63 | x |
| 2022-12-31 | CN¥13.57 | CN¥90.63 | x |
| 2023-12-31 | CN¥20.58 | CN¥90.63 | x |
| 2024-12-31 | CN¥22.19 | CN¥90.63 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HUAQIN TECHNOLOGY LTD A 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): 12.98%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.66%
- • Asset Turnover: 1.44x
- • Equity Multiplier: 3.38x
- Recent ROE (12.98%) is below the historical average (16.61%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 19.80% | 2.26% | 1.85x | 4.73x | CN¥936.66 Million |
| 2022 | 20.70% | 2.77% | 2.11x | 3.54x | CN¥1.33 Billion |
| 2023 | 12.97% | 3.17% | 1.66x | 2.47x | CN¥620.24 Million |
| 2024 | 12.98% | 2.66% | 1.44x | 3.38x | CN¥671.90 Million |
Industry Comparison
This section compares HUAQIN TECHNOLOGY LTD A's net assets metrics with peer companies in the Consumer Electronics industry.
Industry Context
- Industry: Consumer Electronics
- Average net assets among peers: $2,560,308,086
- Average return on equity (ROE) among peers: 4.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| HUAQIN TECHNOLOGY LTD A (603296) | CN¥24.09 Billion | 19.80% | 2.94x | $3.03 Billion |
| Konka Group Co Ltd (000016) | $5.91 Billion | -36.63% | 5.07x | $832.37 Million |
| Tianma Microelectronics Co Ltd (000050) | $336.16 Million | 6.55% | 0.55x | $1.50 Billion |
| Guangdong Goworld Co Ltd (000823) | $1.59 Billion | 6.78% | 1.05x | $820.66 Million |
| Soyea Technology Co Ltd (000909) | $1.14 Billion | -5.78% | 1.16x | $204.62 Million |
| Guangdong AVCiT Tech Hldg Co (001229) | $332.60 Million | 29.11% | 0.18x | $166.00 Million |
| Emdoor Information Co. Ltd. A (001314) | $183.39 Million | 3.34% | 1.39x | $350.02 Million |
| Guoguang Electric Co Ltd (002045) | $3.95 Billion | 9.13% | 0.77x | $724.82 Million |
| Hengdian Group DMEGC Magnetics Co Ltd (002056) | $4.74 Billion | 14.54% | 0.43x | $2.35 Billion |
| Shenzhen Auto Electric Power Plant Co Ltd (002227) | $1.00 Billion | -5.27% | 0.61x | $154.92 Million |
| Goertek Inc (002241) | $6.42 Billion | 20.36% | 0.96x | $8.02 Billion |