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¥1.14 Billion CNY (≈ $167.45 Million 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¥1.67 Billion ≈ $243.98 Million USD) and total liabilities (CN¥523.02 Million ≈ $76.53 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 (603615) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.14 Billion |
| % of Total Assets | 68.63% |
| Annual Growth Rate | 7.75% |
| 5-Year Change | -11.42% |
| 10-Year Change | 52.94% |
| Growth Volatility | 17.79 |
Chahua Modern Housewares Co Ltd - Net Assets Trend (2012–2024)
This chart illustrates how Chahua Modern Housewares Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Chahua Modern Housewares Co Ltd total assets for the complete picture of this company's asset base.
Annual Net Assets for Chahua Modern Housewares Co Ltd (2012–2024)
The table below shows the annual net assets of Chahua Modern Housewares Co Ltd from 2012 to 2024. For live valuation and market cap data, see market cap of Chahua Modern Housewares Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 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 |
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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 1289.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥145.00 Million | 12.74% |
| Common Stock | CN¥241.82 Million | 21.24% |
| Other Comprehensive Income | CN¥63.90 Million | 5.61% |
| Other Components | CN¥687.76 Million | 60.41% |
| 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 |
|---|---|
|
Elec-Tech International Co Ltd
SHE:002005
|
$738.53 Million |
|
Samsung Electro Mechanics Pref
KO:009155
|
$738.72 Million |
|
Jiangsu Bioperfectus Technologies Co Ltd
SHG:688399
|
$739.08 Million |
|
Eton Pharmaceuticals Inc
NASDAQ:ETON
|
$739.41 Million |
|
Beijing Jiaxun Feihong Electrical Co Ltd
SHE:300213
|
$738.41 Million |
|
Beijing Yuanlong Yato Culture Dissemination Co Ltd
SHE:002878
|
$738.38 Million |
|
Beibu Gulf Tourism Corp Ltd
SHG:603869
|
$738.23 Million |
|
Atal SA
WAR:1AT
|
$738.17 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 2023 to 2024, total equity changed from 1,188,025,431 to 1,138,478,738, a change of -49,546,693 (-4.2%).
- Net loss of 37,504,740 reduced equity.
- Dividend payments of 12,091,000 reduced retained earnings.
- Other comprehensive income increased equity by 63,897,248.
- Other factors decreased equity by 63,848,201.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-37.50 Million | -3.29% |
| Dividends Paid | CN¥12.09 Million | -1.06% |
| Other Comprehensive Income | CN¥63.90 Million | +5.61% |
| Other Changes | CN¥-63.85 Million | -5.61% |
| Total Change | CN¥- | -4.17% |
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: 4.43x
- 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 7.99x to 4.43x 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¥20.87 | x |
| 2013-12-31 | CN¥3.14 | CN¥20.87 | x |
| 2014-12-31 | CN¥3.63 | CN¥20.87 | x |
| 2015-12-31 | CN¥4.13 | CN¥20.87 | x |
| 2016-12-31 | CN¥4.66 | CN¥20.87 | x |
| 2017-12-31 | CN¥5.86 | CN¥20.87 | x |
| 2018-12-31 | CN¥5.51 | CN¥20.87 | x |
| 2019-12-31 | CN¥5.60 | CN¥20.87 | x |
| 2020-12-31 | CN¥5.31 | CN¥20.87 | x |
| 2021-12-31 | CN¥5.06 | CN¥20.87 | x |
| 2022-12-31 | CN¥4.99 | CN¥20.87 | x |
| 2023-12-31 | CN¥4.81 | CN¥20.87 | x |
| 2024-12-31 | CN¥4.71 | CN¥20.87 | 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): -3.29%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.70%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 1.34x
- Recent ROE (-3.29%) is below the historical average (6.86%), 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 | -1.74% | -2.66% | 0.57x | 1.14x | CN¥-143.56 Million |
| 2022 | -1.56% | -2.78% | 0.49x | 1.14x | CN¥-139.37 Million |
| 2023 | 0.40% | 0.73% | 0.44x | 1.24x | CN¥-114.11 Million |
| 2024 | -3.29% | -6.70% | 0.37x | 1.34x | CN¥-151.35 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: $2,664,311,540
- Average return on equity (ROE) among peers: 7.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chahua Modern Housewares Co Ltd (603615) | CN¥1.14 Billion | 20.69% | 0.46x | $738.50 Million |
| Zhuhai Zhongfu Enterprise Co Ltd (000659) | $499.69 Million | 5.17% | 3.64x | $760.08 Million |
| Huangshan Novel Co Ltd (002014) | $770.86 Million | 15.73% | 0.43x | $1.01 Billion |
| Shenzhen Jinjia Color Printing Group Co Ltd (002191) | $7.68 Billion | 2.57% | 0.23x | $826.40 Million |
| Xiamen Hexing Packaging Printing Co Ltd (002228) | $830.41 Million | 8.56% | 0.96x | $697.80 Million |
| Shenzhen Beauty Star Co Ltd (002243) | $6.95 Billion | 8.47% | 0.52x | $1.50 Billion |
| Zhejiang Great Southeast Co Ltd (002263) | $1.70 Billion | 4.57% | 0.55x | $1.16 Billion |
| Shenzhen MYS Environmental Protection & Technology Co Ltd (002303) | $4.87 Billion | 2.03% | 0.50x | $764.12 Million |
| Shandong Lipeng Co Ltd (002374) | $80.52 Million | 16.87% | 1.96x | $509.75 Million |
| Zhejiang Zhongcheng Packing Material Co Ltd (002522) | $993.26 Million | 7.49% | 0.11x | $858.89 Million |
| Shanghai Luxin Packing Materials Science&Technology Co Ltd (002565) | $2.27 Billion | 4.33% | 0.64x | $2.98 Billion |
About Chahua Modern Housewares Co Ltd
Chahua Modern Housewares Co., Ltd. engages in the design, development, production, and sale of various plastic housewares in China. The company offers kitchen products, such as lunch boxes, food containers, vacuum lunch boxes, microwave products, condiment sets, cooking oil pots, cutting boards, rice buckets, chopsticks boxes, peelers, cupboards, ice cube trays and ice-lolly molds, sifters, trays… Read more