Chahua Modern Housewares Co Ltd (603615) - Net Assets
Based on the latest financial reports, Chahua Modern Housewares Co Ltd (603615) has net assets worth CN¥1.15 Billion CNY (≈ $168.54 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.78 Billion ≈ $261.01 Million USD) and total liabilities (CN¥631.90 Million ≈ $92.47 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. Check Chahua Modern Housewares Co Ltd PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.15 Billion |
| % of Total Assets | 64.57% |
| Annual Growth Rate | 7.18% |
| 5-Year Change | -6.54% |
| 10-Year Change | 36.95% |
| Growth Volatility | 17.24 |
Chahua Modern Housewares Co Ltd - Net Assets Trend (2012–2025)
This chart illustrates how Chahua Modern Housewares Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see 603615 market cap.
Annual Net Assets for Chahua Modern Housewares Co Ltd (2012–2025)
The table below shows the annual net assets of Chahua Modern Housewares Co Ltd from 2012 to 2025. Also explore Chahua Modern Housewares Co Ltd net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.14 Billion ≈ $167.51 Million |
+0.55% |
| 2024-12-31 | CN¥1.14 Billion ≈ $166.60 Million |
-4.17% |
| 2023-12-31 | CN¥1.19 Billion ≈ $173.85 Million |
-1.45% |
| 2022-12-31 | CN¥1.21 Billion ≈ $176.40 Million |
-1.58% |
| 2021-12-31 | CN¥1.22 Billion ≈ $179.23 Million |
-4.70% |
| 2020-12-31 | CN¥1.29 Billion ≈ $188.07 Million |
-6.69% |
| 2019-12-31 | CN¥1.38 Billion ≈ $201.54 Million |
+2.27% |
| 2018-12-31 | CN¥1.35 Billion ≈ $197.07 Million |
+0.63% |
| 2017-12-31 | CN¥1.34 Billion ≈ $195.85 Million |
+60.13% |
| 2016-12-31 | CN¥835.83 Million ≈ $122.31 Million |
+12.28% |
| 2015-12-31 | CN¥744.39 Million ≈ $108.93 Million |
+13.78% |
| 2014-12-31 | CN¥654.25 Million ≈ $95.74 Million |
+15.63% |
| 2013-12-31 | CN¥565.81 Million ≈ $82.80 Million |
+21.74% |
| 2012-12-31 | CN¥464.75 Million ≈ $68.01 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Chahua Modern Housewares 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 1336.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥149.82 Million | 13.09% |
| Other Components | CN¥994.89 Million | 86.91% |
| Total Equity | CN¥1.14 Billion | 100.00% |
Chahua Modern Housewares Co Ltd Competitors by Market Cap
The table below lists competitors of Chahua Modern Housewares Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Keeson Technology Corp Ltd
SHG:603610
|
$708.17 Million |
|
Sunyard System Engineering Co Ltd
SHG:600571
|
$708.30 Million |
|
Acrel Co LTD
SHE:300286
|
$708.63 Million |
|
Bergman & Beving AB (publ)
ST:BERG-B
|
$708.71 Million |
|
Jiangxi Sanchuan Water Meter
SHE:300066
|
$707.68 Million |
|
Doctorglasses Chain Co Ltd
SHE:300622
|
$707.66 Million |
|
Shengyuan Environmental Protection
SHE:300867
|
$707.41 Million |
|
Anhui Huilong Agricultural Means of Production Co Ltd
SHE:002556
|
$707.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Chahua Modern Housewares Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,138,478,738 to 1,144,710,337, a change of 6,231,599 (0.5%).
- Net income of 6,405,830 contributed positively to equity growth.
- Other comprehensive income decreased equity by 63,897,248.
- Other factors increased equity by 63,723,018.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥6.41 Million | +0.56% |
| Other Comprehensive Income | CN¥-63.90 Million | -5.58% |
| Other Changes | CN¥63.72 Million | +5.57% |
| Total Change | CN¥- | 0.55% |
Book Value vs Market Value Analysis
This analysis compares Chahua Modern Housewares 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: 4.22x
- 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 7.66x to 4.22x 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¥2.61 | CN¥20.00 | x |
| 2013-12-31 | CN¥3.14 | CN¥20.00 | x |
| 2014-12-31 | CN¥3.63 | CN¥20.00 | x |
| 2015-12-31 | CN¥4.13 | CN¥20.00 | x |
| 2016-12-31 | CN¥4.66 | CN¥20.00 | x |
| 2017-12-31 | CN¥5.86 | CN¥20.00 | x |
| 2018-12-31 | CN¥5.51 | CN¥20.00 | x |
| 2019-12-31 | CN¥5.60 | CN¥20.00 | x |
| 2020-12-31 | CN¥5.36 | CN¥20.00 | x |
| 2021-12-31 | CN¥4.78 | CN¥20.00 | x |
| 2022-12-31 | CN¥5.18 | CN¥20.00 | x |
| 2023-12-31 | CN¥4.81 | CN¥20.00 | x |
| 2024-12-31 | CN¥4.71 | CN¥20.00 | x |
| 2025-12-31 | CN¥4.73 | CN¥20.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Chahua Modern Housewares 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): 0.56%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.50%
- • Asset Turnover: 0.74x
- • Equity Multiplier: 1.49x
- Recent ROE (0.56%) is below the historical average (6.41%), 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 | 20.69% | 17.15% | 1.06x | 1.14x | CN¥49.66 Million |
| 2013 | 17.86% | 16.49% | 0.91x | 1.19x | CN¥44.48 Million |
| 2014 | 13.52% | 14.21% | 0.83x | 1.15x | CN¥23.02 Million |
| 2015 | 12.11% | 13.26% | 0.82x | 1.11x | CN¥15.70 Million |
| 2016 | 10.94% | 13.63% | 0.73x | 1.10x | CN¥7.85 Million |
| 2017 | 7.00% | 13.00% | 0.50x | 1.07x | CN¥-40.22 Million |
| 2018 | 5.08% | 8.97% | 0.52x | 1.09x | CN¥-66.29 Million |
| 2019 | 5.00% | 8.75% | 0.50x | 1.13x | CN¥-68.90 Million |
| 2020 | 3.17% | 5.90% | 0.47x | 1.15x | CN¥-87.61 Million |
| 2021 | -1.67% | -2.56% | 0.57x | 1.14x | CN¥-142.79 Million |
| 2022 | -1.54% | -2.75% | 0.49x | 1.14x | CN¥-139.15 Million |
| 2023 | 0.40% | 0.71% | 0.45x | 1.24x | CN¥-114.11 Million |
| 2024 | -3.29% | -6.70% | 0.37x | 1.34x | CN¥-151.35 Million |
| 2025 | 0.56% | 0.50% | 0.74x | 1.49x | CN¥-108.07 Million |
Industry Comparison
This section compares Chahua Modern Housewares Co Ltd's net assets metrics with peer companies in the Packaging & Containers industry.
Industry Context
- Industry: Packaging & Containers
- Average net assets among peers: $1,873,319,552
- Average return on equity (ROE) among peers: 9.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chahua Modern Housewares Co Ltd (603615) | CN¥1.15 Billion | 20.69% | 0.55x | $707.72 Million |
| Zhuhai Zhongfu Enterprise Co Ltd (000659) | $2.96 Billion | 4.89% | 1.01x | $526.79 Million |
| Huangshan Novel Co Ltd (002014) | $1.56 Billion | 9.90% | 0.26x | $983.21 Million |
| Shenzhen Jinjia Color Printing Group Co Ltd (002191) | $7.68 Billion | 2.57% | 0.23x | $751.08 Million |
| Xiamen Hexing Packaging Printing Co Ltd (002228) | $109.30 Million | 18.57% | 2.20x | $562.85 Million |
| Shenzhen Beauty Star Co Ltd (002243) | $145.05 Million | 30.37% | 2.00x | $1.25 Billion |
| Zhejiang Great Southeast Co Ltd (002263) | $2.65 Billion | 9.19% | 0.12x | $885.06 Million |
| Shenzhen MYS Environmental Protection & Technology Co Ltd (002303) | $104.31 Million | 32.09% | 1.08x | $1.28 Billion |
| Shandong Lipeng Co Ltd (002374) | $881.97 Million | -29.08% | 2.90x | $492.28 Million |
| Zhejiang Zhongcheng Packing Material Co Ltd (002522) | $1.13 Billion | 9.04% | 0.17x | $807.19 Million |
| Shanghai Luxin Packing Materials Science&Technology Co Ltd (002565) | $1.51 Billion | 9.06% | 0.23x | $1.37 Billion |
About Chahua Modern Housewares Co Ltd
Chahua Modern Housewares Co., Ltd. engages in the design, development, production, and sale of various plastic household products in China and internationally. The company offers kitchenware products, such as lunch boxes, food containers, vacuum lunch boxes, microwave, condiment sets, cooking oil pots, cutting boards, rice buckets, chopsticks boxes, peelers, cupboards, ice cube trays and ice-loll… Read more