Guangdong Hotata Technology Group Co Ltd Class A

SHG:603848 China Furnishings, Fixtures & Appliances
Market Cap
$913.71 Million
CN¥6.70 Billion CNY
Market Cap Rank
#17829 Global
#4572 in China
Share Price
CN¥16.66
Change (1 day)
-0.18%
52-Week Range
CN¥13.03 - CN¥32.61
All Time High
CN¥32.61
About

Guangdong Hotata Technology Group Co.,Ltd. engages in the research and development, production, sale, and service of smart home products in China. The company offers smart home products, including smart clothes drying machines, smart door locks, and other smart products. It also provides clothes drying rack products, such as hand-crank drying racks, floor-standing drying racks, and hanging drying… Read more

Guangdong Hotata Technology Group Co Ltd Class A (603848) - Net Assets

Latest net assets as of September 2025: CN¥2.90 Billion CNY

Based on the latest financial reports, Guangdong Hotata Technology Group Co Ltd Class A (603848) has net assets worth CN¥2.90 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¥3.45 Billion) and total liabilities (CN¥550.49 Million). 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¥2.90 Billion
% of Total Assets 84.06%
Annual Growth Rate 26.51%
5-Year Change 70.48%
10-Year Change 518.96%
Growth Volatility 21.02

Guangdong Hotata Technology Group Co Ltd Class A - Net Assets Trend (2013–2024)

This chart illustrates how Guangdong Hotata Technology Group Co Ltd Class 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 Guangdong Hotata Technology Group Co Ltd Class A (2013–2024)

The table below shows the annual net assets of Guangdong Hotata Technology Group Co Ltd Class A from 2013 to 2024.

Year Net Assets Change
2024-12-31 CN¥2.84 Billion +5.39%
2023-12-31 CN¥2.69 Billion +10.25%
2022-12-31 CN¥2.44 Billion +30.09%
2021-12-31 CN¥1.88 Billion +12.79%
2020-12-31 CN¥1.67 Billion +13.25%
2019-12-31 CN¥1.47 Billion +14.34%
2018-12-31 CN¥1.29 Billion +18.24%
2017-12-31 CN¥1.09 Billion +78.15%
2016-12-31 CN¥610.81 Million +33.12%
2015-12-31 CN¥458.83 Million +40.97%
2014-12-31 CN¥325.47 Million +52.32%
2013-12-31 CN¥213.68 Million --

Equity Component Analysis

This analysis shows how different components contribute to Guangdong Hotata Technology Group Co Ltd Class 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 758.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥1.36 Billion 55.62%
Common Stock CN¥404.01 Million 16.55%
Other Comprehensive Income CN¥321.20 Million 13.15%
Other Components CN¥358.44 Million 14.68%
Total Equity CN¥2.44 Billion 100.00%

Guangdong Hotata Technology Group Co Ltd Class A Competitors by Market Cap

The table below lists competitors of Guangdong Hotata Technology Group Co Ltd Class A ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Guangdong Hotata Technology Group Co Ltd Class A's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 2,296,282,493 to 2,441,766,739, a change of 145,484,246 (6.3%).
  • Net income of 248,485,290 contributed positively to equity growth.
  • Dividend payments of 121,870,180 reduced retained earnings.
  • Share repurchases of 1,542,000 reduced equity.
  • Other comprehensive income increased equity by 24,061,903.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥248.49 Million +10.18%
Dividends Paid CN¥121.87 Million -4.99%
Share Repurchases CN¥1.54 Million -0.06%
Other Comprehensive Income CN¥24.06 Million +0.99%
Other Changes CN¥-3.65 Million -0.15%
Total Change CN¥- 6.34%

Book Value vs Market Value Analysis

This analysis compares Guangdong Hotata Technology Group Co Ltd Class 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: 2.73x
  • 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 28.21x to 2.73x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2013-12-31 CN¥0.59 CN¥16.66 x
2014-12-31 CN¥0.90 CN¥16.66 x
2015-12-31 CN¥1.27 CN¥16.66 x
2016-12-31 CN¥1.69 CN¥16.66 x
2017-12-31 CN¥3.01 CN¥16.66 x
2018-12-31 CN¥3.21 CN¥16.66 x
2019-12-31 CN¥3.66 CN¥16.66 x
2020-12-31 CN¥4.14 CN¥16.66 x
2021-12-31 CN¥4.69 CN¥16.66 x
2022-12-31 CN¥5.10 CN¥16.66 x
2023-12-31 CN¥5.75 CN¥16.66 x
2024-12-31 CN¥6.09 CN¥16.66 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Guangdong Hotata Technology Group Co Ltd Class 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): 10.18%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 15.96%
  • • Asset Turnover: 0.46x
  • • Equity Multiplier: 1.38x
  • Recent ROE (10.18%) is below the historical average (21.09%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2013 39.41% 16.57% 1.79x 1.33x CN¥62.83 Million
2014 34.35% 18.81% 1.25x 1.46x CN¥79.24 Million
2015 29.07% 19.65% 1.07x 1.38x CN¥87.48 Million
2016 24.88% 18.81% 1.03x 1.28x CN¥90.90 Million
2017 18.92% 18.50% 0.81x 1.26x CN¥97.01 Million
2018 20.25% 19.89% 0.80x 1.27x CN¥131.92 Million
2019 19.07% 22.18% 0.65x 1.33x CN¥132.89 Million
2020 16.02% 22.91% 0.55x 1.27x CN¥99.87 Million
2021 15.98% 21.06% 0.61x 1.25x CN¥112.32 Million
2022 10.69% 15.82% 0.49x 1.38x CN¥14.04 Million
2023 14.25% 19.38% 0.53x 1.38x CN¥97.63 Million
2024 10.18% 15.96% 0.46x 1.38x CN¥4.31 Million

Industry Comparison

This section compares Guangdong Hotata Technology Group Co Ltd Class A's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.

Industry Context

  • Industry: Furnishings, Fixtures & Appliances
  • Average net assets among peers: $21,724,256,275
  • Average return on equity (ROE) among peers: 12.68%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Guangdong Hotata Technology Group Co Ltd Class A (603848) CN¥2.90 Billion 39.41% 0.19x $110.58 Million
Midea Group Co Ltd (000333) $174.30 Billion 19.35% 1.79x $52.26 Billion
Gree Electric Appliances Inc of Zhuhai (000651) $18.38 Billion 28.50% 3.64x $20.32 Billion
Hisense Kelon Electrical Holdings Co Ltd (000921) $4.47 Billion 12.97% 2.19x $1.73 Billion
Suncha Technology Co Ltd (001211) $871.29 Million 3.26% 1.13x $140.14 Million
Beijing Liven Technology Co. Ltd. (001259) $147.07 Million 8.03% 1.46x $103.19 Million
De Rucci Healthy Sleep Co. Ltd. (001323) $4.36 Billion 16.25% 0.33x $252.27 Million
Tongda Smart Tech (Xiamen) Co. Ltd. A (001368) $1.41 Billion 7.18% 0.18x $107.70 Million
Hefei Snowky Elec Co Ltd (001387) $243.27 Million 1.71% 3.79x $137.43 Million
Elec-Tech International Co Ltd (002005) $5.99 Billion 0.33% 1.24x $402.60 Million
Zhejiang Supor Co Ltd (002032) $7.07 Billion 29.23% 0.83x $795.41 Million