Guangdong Hotata Technology Group Co Ltd Class A (603848) - Net Assets
Based on the latest financial reports, Guangdong Hotata Technology Group Co Ltd Class A (603848) has net assets worth CN¥2.90 Billion CNY (≈ $424.71 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¥3.45 Billion ≈ $505.27 Million USD) and total liabilities (CN¥550.49 Million ≈ $80.55 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 603848 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore Guangdong Hotata Technology Group Co Ltd total assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see 603848 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.84 Billion ≈ $415.58 Million |
+5.39% |
| 2023-12-31 | CN¥2.69 Billion ≈ $394.34 Million |
+10.25% |
| 2022-12-31 | CN¥2.44 Billion ≈ $357.69 Million |
+30.09% |
| 2021-12-31 | CN¥1.88 Billion ≈ $274.96 Million |
+12.79% |
| 2020-12-31 | CN¥1.67 Billion ≈ $243.77 Million |
+13.25% |
| 2019-12-31 | CN¥1.47 Billion ≈ $215.25 Million |
+14.34% |
| 2018-12-31 | CN¥1.29 Billion ≈ $188.27 Million |
+18.24% |
| 2017-12-31 | CN¥1.09 Billion ≈ $159.23 Million |
+78.15% |
| 2016-12-31 | CN¥610.81 Million ≈ $89.38 Million |
+33.12% |
| 2015-12-31 | CN¥458.83 Million ≈ $67.14 Million |
+40.97% |
| 2014-12-31 | CN¥325.47 Million ≈ $47.63 Million |
+52.32% |
| 2013-12-31 | CN¥213.68 Million ≈ $31.27 Million |
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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.
| Company | Market Cap |
|---|---|
|
Hengtong Logistic Co Ltd
SHG:603223
|
$964.61 Million |
|
Yunnan QuakeSafe Seismic Isolation Technologies Co Ltd Class A
SHE:300767
|
$964.66 Million |
|
Hangzhou Youngsun Intelligent
SHG:603901
|
$964.77 Million |
|
Major Drilling Group International
TO:MDI
|
$964.89 Million |
|
Zhengping Road&Bridge Constr
SHG:603843
|
$964.39 Million |
|
Suzhou Kingswood Printing Ink Co Ltd
SHE:300192
|
$964.24 Million |
|
Graincorp Ltd
AU:GNC
|
$964.20 Million |
|
Mission Produce Inc
NASDAQ:AVO
|
$964.12 Million |
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: 2.69x
- 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 27.74x to 2.69x 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¥16.38 | x |
| 2014-12-31 | CN¥0.90 | CN¥16.38 | x |
| 2015-12-31 | CN¥1.27 | CN¥16.38 | x |
| 2016-12-31 | CN¥1.69 | CN¥16.38 | x |
| 2017-12-31 | CN¥3.01 | CN¥16.38 | x |
| 2018-12-31 | CN¥3.21 | CN¥16.38 | x |
| 2019-12-31 | CN¥3.66 | CN¥16.38 | x |
| 2020-12-31 | CN¥4.14 | CN¥16.38 | x |
| 2021-12-31 | CN¥4.69 | CN¥16.38 | x |
| 2022-12-31 | CN¥5.10 | CN¥16.38 | x |
| 2023-12-31 | CN¥5.75 | CN¥16.38 | x |
| 2024-12-31 | CN¥6.09 | CN¥16.38 | 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: $17,549,251,672
- Average return on equity (ROE) among peers: 11.21%
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 | $964.53 Million |
| Midea Group Co Ltd (000333) | $134.83 Billion | 21.19% | 1.88x | $81.80 Billion |
| Changhong Meiling Co Ltd (000521) | $6.19 Billion | 11.96% | 2.13x | $734.15 Million |
| Gree Electric Appliances Inc of Zhuhai (000651) | $7.73 Billion | 25.45% | 2.99x | $32.75 Billion |
| Hisense Kelon Electrical Holdings Co Ltd (000921) | $12.48 Billion | 14.37% | 1.72x | $3.28 Billion |
| Suncha Technology Co Ltd (001211) | $477.06 Million | 18.82% | 0.71x | $452.94 Million |
| Elec-Tech International Co Ltd (002005) | $6.45 Billion | -15.06% | 1.16x | $738.53 Million |
| Zhejiang Supor Co Ltd (002032) | $5.01 Billion | 17.75% | 0.48x | $5.54 Billion |
| Vatti Corp Ltd (002035) | $1.27 Billion | 17.60% | 0.86x | $736.79 Million |
| CNlight Co Ltd (002076) | $259.28 Million | -5.05% | 1.04x | $355.44 Million |
| Guangzhou Seagull Kitchen And Bath Products Co Ltd (002084) | $797.95 Million | 5.06% | 1.07x | $363.03 Million |
About Guangdong Hotata Technology Group Co Ltd Class A
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