Hexing Electrical Co Ltd Net Assets
Hexing Electrical Co Ltd net assets. Based on the latest financial reports, Hexing Electrical Co Ltd (603556) has net assets worth CN¥7.48 Billion CNY (≈ $1.09 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¥9.96 Billion ≈ $1.46 Billion USD) and total liabilities (CN¥2.48 Billion ≈ $362.85 Million 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 Hexing Electrical Co Ltd (603556) equity growth momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥7.48 Billion |
| % of Total Assets | 75.1% |
| Annual Growth Rate | 20.39% |
| 5-Year Change | 35.62% |
| 10-Year Change | 76.89% |
| Growth Volatility | 39.75 |
Net Assets of Hexing Electrical Co Ltd (2011–2025)
Net assets of Hexing Electrical Co Ltd from 2011 to 2025. This chart illustrates how Hexing Electrical Co Ltd's net assets have evolved over time, based on quarterly financial data. See Hexing Electrical Co Ltd net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Hexing Electrical Co Ltd (2011–2025)
The table below shows the annual net assets of Hexing Electrical Co Ltd from 2011 to 2025. For live market cap and overall valuation, see 603556 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥7.40 Billion ≈ $1.08 Billion |
+3.64% |
| 2024-12-31 | CN¥7.14 Billion ≈ $1.04 Billion |
+7.64% |
| 2023-12-31 | CN¥6.63 Billion ≈ $970.50 Million |
+11.00% |
| 2022-12-31 | CN¥5.98 Billion ≈ $874.34 Million |
+9.52% |
| 2021-12-31 | CN¥5.46 Billion ≈ $798.35 Million |
+1.16% |
| 2020-12-31 | CN¥5.39 Billion ≈ $789.23 Million |
+3.05% |
| 2019-12-31 | CN¥5.23 Billion ≈ $765.83 Million |
+6.84% |
| 2018-12-31 | CN¥4.90 Billion ≈ $716.82 Million |
+4.62% |
| 2017-12-31 | CN¥4.68 Billion ≈ $685.18 Million |
+11.94% |
| 2016-12-31 | CN¥4.18 Billion ≈ $612.08 Million |
+161.28% |
| 2015-12-31 | CN¥1.60 Billion ≈ $234.26 Million |
+19.33% |
| 2014-12-31 | CN¥1.34 Billion ≈ $196.31 Million |
+28.20% |
| 2013-12-31 | CN¥1.05 Billion ≈ $153.13 Million |
+40.27% |
| 2012-12-31 | CN¥746.00 Million ≈ $109.16 Million |
+35.55% |
| 2011-12-31 | CN¥550.35 Million ≈ $80.53 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Hexing Electrical 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 2817.7% over the analyzed period, indicating profitable operations and earnings retention.
Hexing Electrical Co Ltd Net Assets Breakdown (December 2025)
Hexing Electrical Co Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥4.42 Billion | 59.91% |
| Other Components | CN¥2.96 Billion | 40.09% |
| Total Equity | CN¥7.38 Billion | 100.00% |
Hexing Electrical Co Ltd Competitors by Market Cap
The table below lists competitors of Hexing Electrical Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lotus Pharmaceutical Co Ltd
TW:1795
|
$1.40 Billion |
|
Sitio Royalties Corp.
NYSE:STR
|
$1.41 Billion |
|
Zhongman Petro & Natural Gas
SHG:603619
|
$1.41 Billion |
|
Metrics Master Income Trust
AU:MXT
|
$1.41 Billion |
|
Wam Leaders Ltd
AU:WLE
|
$1.40 Billion |
|
Yulon Finance Corp
TW:9941
|
$1.40 Billion |
|
Castellana Properties Socimi
MC:YCPS
|
$1.40 Billion |
|
Bestway Marine & Energy Technology Co Ltd
SHE:300008
|
$1.40 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hexing Electrical Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 7,121,469,162 to 7,377,169,982, a change of 255,700,820 (3.6%).
- Net income of 729,096,299 contributed positively to equity growth.
- Dividend payments of 346,309,672 reduced retained earnings.
- Other factors decreased equity by 127,085,807.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥729.10 Million | +9.88% |
| Dividends Paid | CN¥346.31 Million | -4.69% |
| Other Changes | CN¥-127.09 Million | -1.72% |
| Total Change | CN¥- | 3.59% |
Book Value vs Market Value Analysis
This analysis compares Hexing Electrical 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: 1.30x
- 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 13.13x to 1.30x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥1.50 | CN¥19.73 | x |
| 2012-12-31 | CN¥2.03 | CN¥19.73 | x |
| 2013-12-31 | CN¥2.87 | CN¥19.73 | x |
| 2014-12-31 | CN¥3.65 | CN¥19.73 | x |
| 2015-12-31 | CN¥4.40 | CN¥19.73 | x |
| 2016-12-31 | CN¥11.46 | CN¥19.73 | x |
| 2017-12-31 | CN¥9.62 | CN¥19.73 | x |
| 2018-12-31 | CN¥10.03 | CN¥19.73 | x |
| 2019-12-31 | CN¥10.78 | CN¥19.73 | x |
| 2020-12-31 | CN¥11.02 | CN¥19.73 | x |
| 2021-12-31 | CN¥11.16 | CN¥19.73 | x |
| 2022-12-31 | CN¥12.23 | CN¥19.73 | x |
| 2023-12-31 | CN¥13.64 | CN¥19.73 | x |
| 2024-12-31 | CN¥14.64 | CN¥19.73 | x |
| 2025-12-31 | CN¥15.17 | CN¥19.73 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hexing Electrical 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): 9.88%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.29%
- • Asset Turnover: 0.48x
- • Equity Multiplier: 1.35x
- Recent ROE (9.88%) is below the historical average (17.08%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 35.75% | 17.94% | 1.06x | 1.87x | CN¥141.08 Million |
| 2012 | 34.44% | 19.44% | 1.00x | 1.77x | CN¥181.13 Million |
| 2013 | 27.36% | 17.41% | 1.05x | 1.50x | CN¥180.90 Million |
| 2014 | 26.56% | 20.60% | 0.80x | 1.62x | CN¥220.79 Million |
| 2015 | 27.07% | 21.67% | 0.84x | 1.49x | CN¥273.32 Million |
| 2016 | 12.15% | 23.48% | 0.41x | 1.26x | CN¥89.87 Million |
| 2017 | 12.04% | 18.60% | 0.47x | 1.38x | CN¥95.33 Million |
| 2018 | 6.74% | 12.92% | 0.40x | 1.31x | CN¥-159.22 Million |
| 2019 | 9.58% | 16.94% | 0.44x | 1.30x | CN¥-22.03 Million |
| 2020 | 8.94% | 17.15% | 0.40x | 1.31x | CN¥-57.31 Million |
| 2021 | 5.76% | 11.66% | 0.37x | 1.32x | CN¥-231.40 Million |
| 2022 | 11.12% | 20.07% | 0.41x | 1.35x | CN¥67.13 Million |
| 2023 | 14.81% | 23.39% | 0.46x | 1.37x | CN¥319.15 Million |
| 2024 | 14.07% | 21.24% | 0.50x | 1.33x | CN¥289.89 Million |
| 2025 | 9.88% | 15.29% | 0.48x | 1.35x | CN¥-8.62 Million |
Industry Comparison
This section compares Hexing Electrical Co Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $2,010,181,231
- Average return on equity (ROE) among peers: 11.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hexing Electrical Co Ltd (603556) | CN¥7.48 Billion | 35.75% | 0.33x | $1.40 Billion |
| XJ Electric Co Ltd (000400) | $169.94 Million | 38.32% | 1.55x | $3.28 Billion |
| Guangdong Macro Co Ltd (000533) | $1.50 Billion | 9.20% | 1.19x | $845.10 Million |
| Foshan Electrical and Lighting Co Ltd (000541) | $6.28 Billion | 4.77% | 0.55x | $867.22 Million |
| Dongfang Electronics Co Ltd (000682) | $1.38 Billion | 1.37% | 0.26x | $1.81 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.08 Billion | 1.60% | 4.43x | $560.80 Million |
| Huagong Tech Co Ltd (000988) | $8.26 Billion | 10.96% | 1.03x | $9.14 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $775.82 Million | 9.79% | 0.91x | $1.16 Billion |
| Sieyuan Electric Co Ltd (002028) | $75.64 Million | 28.40% | 0.62x | $11.68 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $187.63 Million | 2.79% | 0.16x | $366.50 Million |
| Gotion High tech Co Ltd (002074) | $402.05 Million | 9.81% | 0.84x | $6.00 Billion |
About Hexing Electrical Co Ltd
Hexing Electrical Co.,Ltd. engages in smart power distribution, smart water management, and digital energy-related businesses in China and internationally. The company offers smart metering, data acquisition and communication, power distribution equipment, new energy, software and platforms, water treatment, and marine propulsion products. It also provides smart energy metering, energy management… Read more