Huida Sanitary Ware Co Ltd
Huida Sanitary Ware Co.,Ltd produces and sells sanitary ceramic products in China and Internationally. It offers intelligent mirrors, smart toilets, toilets, taps and mixers, bathroom furniture, washbasins, bathtubs, bidets, urinals, squatting pans, kitchen sinks, shower rooms, showers, unit bathroom, tiles, and bathroom accessories. Huida Sanitary Ware Co.,Ltd was founded in 1982 and is based in… Read more
Huida Sanitary Ware Co Ltd (603385) - Net Assets
Latest net assets as of September 2025: CN¥3.84 Billion CNY
Based on the latest financial reports, Huida Sanitary Ware Co Ltd (603385) has net assets worth CN¥3.84 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¥5.12 Billion) and total liabilities (CN¥1.28 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¥3.84 Billion |
| % of Total Assets | 75.06% |
| Annual Growth Rate | 6.47% |
| 5-Year Change | 1.2% |
| 10-Year Change | 92.82% |
| Growth Volatility | 13.48 |
Huida Sanitary Ware Co Ltd - Net Assets Trend (2012–2024)
This chart illustrates how Huida Sanitary Ware 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 Huida Sanitary Ware Co Ltd (2012–2024)
The table below shows the annual net assets of Huida Sanitary Ware Co Ltd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.89 Billion | +1.45% |
| 2023-12-31 | CN¥3.84 Billion | -6.23% |
| 2022-12-31 | CN¥4.09 Billion | +0.99% |
| 2021-12-31 | CN¥4.05 Billion | +5.33% |
| 2020-12-31 | CN¥3.85 Billion | +8.33% |
| 2019-12-31 | CN¥3.55 Billion | +7.10% |
| 2018-12-31 | CN¥3.31 Billion | +5.41% |
| 2017-12-31 | CN¥3.14 Billion | +50.22% |
| 2016-12-31 | CN¥2.09 Billion | +3.70% |
| 2015-12-31 | CN¥2.02 Billion | +0.70% |
| 2014-12-31 | CN¥2.00 Billion | +4.21% |
| 2013-12-31 | CN¥1.92 Billion | +4.82% |
| 2012-12-31 | CN¥1.83 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Huida Sanitary Ware 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 79.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.28 Billion | 60.22% |
| Common Stock | CN¥380.66 Million | 10.06% |
| Other Comprehensive Income | CN¥153.18 Million | 4.05% |
| Other Components | CN¥970.60 Million | 25.66% |
| Total Equity | CN¥3.78 Billion | 100.00% |
Huida Sanitary Ware Co Ltd Competitors by Market Cap
The table below lists competitors of Huida Sanitary Ware Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bms Birlesik Metal Sanayi ve Ticaret AS
IS:BMSTL
|
$122.56 Million |
|
Xiangpiaopiao Food Co Ltd
SHG:603711
|
$122.56 Million |
|
AVRUPAKENT GMYO
IS:AVPGY
|
$122.57 Million |
|
Yunnan Jinggu Forestry Co Ltd
SHG:600265
|
$122.59 Million |
|
Oriental Precision & Engineering Co.Ltd
KQ:014940
|
$122.46 Million |
|
Nacity Property Service Co Ltd
SHG:603506
|
$122.40 Million |
|
Spritzer Bhd
KLSE:7103
|
$122.39 Million |
|
Allied Energy Inc
PINK:AGGI
|
$122.37 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Huida Sanitary Ware Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,646,842,685 to 3,782,147,050, a change of 135,304,365 (3.7%).
- Net income of 138,941,666 contributed positively to equity growth.
- Dividend payments of 14,106,490 reduced retained earnings.
- Other comprehensive income decreased equity by 3,714,252.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥138.94 Million | +3.67% |
| Dividends Paid | CN¥14.11 Million | -0.37% |
| Other Comprehensive Income | CN¥-3.71 Million | -0.1% |
| Other Changes | CN¥14.18 Million | +0.38% |
| Total Change | CN¥- | 3.71% |
Book Value vs Market Value Analysis
This analysis compares Huida Sanitary Ware 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: 0.73x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.14x to 0.73x 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¥6.33 | CN¥7.20 | x |
| 2013-12-31 | CN¥6.68 | CN¥7.20 | x |
| 2014-12-31 | CN¥6.68 | CN¥7.20 | x |
| 2015-12-31 | CN¥6.76 | CN¥7.20 | x |
| 2016-12-31 | CN¥7.01 | CN¥7.20 | x |
| 2017-12-31 | CN¥8.46 | CN¥7.20 | x |
| 2018-12-31 | CN¥8.57 | CN¥7.20 | x |
| 2019-12-31 | CN¥9.16 | CN¥7.20 | x |
| 2020-12-31 | CN¥9.96 | CN¥7.20 | x |
| 2021-12-31 | CN¥10.02 | CN¥7.20 | x |
| 2022-12-31 | CN¥10.17 | CN¥7.20 | x |
| 2023-12-31 | CN¥9.46 | CN¥7.20 | x |
| 2024-12-31 | CN¥9.80 | CN¥7.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Huida Sanitary Ware 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): 3.67%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.01%
- • Asset Turnover: 0.63x
- • Equity Multiplier: 1.46x
- Recent ROE (3.67%) is below the historical average (5.79%), 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 | 6.80% | 6.44% | 0.61x | 1.73x | CN¥-53.71 Million |
| 2013 | 5.18% | 5.04% | 0.60x | 1.71x | CN¥-87.07 Million |
| 2014 | 7.25% | 6.46% | 0.65x | 1.74x | CN¥-51.21 Million |
| 2015 | 4.32% | 3.62% | 0.72x | 1.66x | CN¥-106.06 Million |
| 2016 | 10.86% | 9.23% | 0.69x | 1.71x | CN¥16.64 Million |
| 2017 | 7.57% | 8.25% | 0.67x | 1.36x | CN¥-72.89 Million |
| 2018 | 7.58% | 8.24% | 0.66x | 1.40x | CN¥-76.05 Million |
| 2019 | 9.72% | 10.25% | 0.67x | 1.41x | CN¥-9.49 Million |
| 2020 | 8.33% | 9.55% | 0.57x | 1.53x | CN¥-61.57 Million |
| 2021 | 6.11% | 6.05% | 0.62x | 1.64x | CN¥-149.85 Million |
| 2022 | 3.29% | 3.75% | 0.57x | 1.53x | CN¥-261.70 Million |
| 2023 | -5.39% | -5.46% | 0.62x | 1.60x | CN¥-561.33 Million |
| 2024 | 3.67% | 4.01% | 0.63x | 1.46x | CN¥-239.27 Million |
Industry Comparison
This section compares Huida Sanitary Ware Co Ltd's net assets metrics with peer companies in the Building Products & Equipment industry.
Industry Context
- Industry: Building Products & Equipment
- Average net assets among peers: $3,967,149,242
- Average return on equity (ROE) among peers: 7.85%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Huida Sanitary Ware Co Ltd (603385) | CN¥3.84 Billion | 6.80% | 0.33x | $122.54 Million |
| Huasu Holdings Co Ltd (000509) | $288.95 Million | -10.72% | 2.54x | $352.09 Million |
| Wuhu Conch Profiles and Science Co Ltd (000619) | $2.57 Billion | -0.72% | 0.99x | $204.74 Million |
| Beijing New Building Materials Public Ltd Co (000786) | $21.44 Billion | 14.66% | 0.33x | $3.58 Billion |
| Yantai Moon Co Ltd (000811) | $6.21 Billion | 10.11% | 0.91x | $1.56 Billion |
| Tangshan Jidong Equipment Engineering Co Ltd (000856) | $436.84 Million | 5.27% | 3.74x | $232.37 Million |
| Arrow Home Group Co. Ltd. A (001322) | $5.01 Billion | 8.48% | 1.12x | $113.50 Million |
| Shandong Luyang Share Co Ltd (002088) | $2.03 Billion | 15.12% | 0.38x | $250.45 Million |
| Everjoy Health Group Co Ltd (002162) | $479.30 Million | 13.65% | 1.19x | $267.02 Million |
| XinJiang GuoTong Pipeline Co Ltd (002205) | $923.77 Million | 5.63% | 0.58x | $237.09 Million |
| Puyang Refractories Group Co Ltd (002225) | $277.05 Million | 17.03% | 0.92x | $602.85 Million |