Holike (603898) - Net Assets
Based on the latest financial reports, Holike (603898) has net assets worth CN¥3.17 Billion CNY (≈ $463.53 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¥3.85 Billion ≈ $563.80 Million USD) and total liabilities (CN¥685.19 Million ≈ $100.27 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 603898 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.17 Billion |
| % of Total Assets | 82.22% |
| Annual Growth Rate | 27.45% |
| 5-Year Change | 9.86% |
| 10-Year Change | 229.94% |
| Growth Volatility | 40.24 |
Holike - Net Assets Trend (2011–2024)
This chart illustrates how Holike's net assets have evolved over time, based on quarterly financial data. Also explore 603898 asset base for the complete picture of this company's asset base.
Annual Net Assets for Holike (2011–2024)
The table below shows the annual net assets of Holike from 2011 to 2024. For live valuation and market cap data, see Holike market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.13 Billion ≈ $457.68 Million |
+0.93% |
| 2023-12-31 | CN¥3.10 Billion ≈ $453.44 Million |
+1.83% |
| 2022-12-31 | CN¥3.04 Billion ≈ $445.31 Million |
+8.40% |
| 2021-12-31 | CN¥2.81 Billion ≈ $410.80 Million |
-1.40% |
| 2020-12-31 | CN¥2.85 Billion ≈ $416.62 Million |
+10.64% |
| 2019-12-31 | CN¥2.57 Billion ≈ $376.56 Million |
+11.40% |
| 2018-12-31 | CN¥2.31 Billion ≈ $338.04 Million |
+12.21% |
| 2017-12-31 | CN¥2.06 Billion ≈ $301.25 Million |
+77.68% |
| 2016-12-31 | CN¥1.16 Billion ≈ $169.55 Million |
+22.23% |
| 2015-12-31 | CN¥947.96 Million ≈ $138.72 Million |
+149.09% |
| 2014-12-31 | CN¥380.56 Million ≈ $55.69 Million |
+36.08% |
| 2013-12-31 | CN¥279.66 Million ≈ $40.92 Million |
+44.30% |
| 2012-12-31 | CN¥193.81 Million ≈ $28.36 Million |
+45.12% |
| 2011-12-31 | CN¥133.55 Million ≈ $19.54 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Holike'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 5167.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.90 Billion | 60.66% |
| Common Stock | CN¥311.28 Million | 9.96% |
| Other Comprehensive Income | CN¥220.99 Million | 7.07% |
| Other Components | CN¥697.75 Million | 22.31% |
| Total Equity | CN¥3.13 Billion | 100.00% |
Holike Competitors by Market Cap
The table below lists competitors of Holike ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Xiamen Xindeco Ltd
SHE:000701
|
$603.24 Million |
|
Cracker Barrel Old Country Store
NASDAQ:CBRL
|
$603.26 Million |
|
Guangzhou Jiacheng
SHG:603535
|
$603.34 Million |
|
Korea Electric Terminal
KO:025540
|
$603.91 Million |
|
HealthStream Inc
NASDAQ:HSTM
|
$603.15 Million |
|
Shenzhen Soling Industrial Co Ltd
SHE:002766
|
$603.06 Million |
|
Yinchuan Xinhua Commercial Group Co Ltd
SHG:600785
|
$602.89 Million |
|
Seah Steel Corp
KO:003030
|
$602.40 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Holike's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,098,741,980 to 3,126,897,104, a change of 28,155,124 (0.9%).
- Net income of 80,521,030 contributed positively to equity growth.
- Dividend payments of 76,221,569 reduced retained earnings.
- Other comprehensive income increased equity by 12,983,027.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥80.52 Million | +2.58% |
| Dividends Paid | CN¥76.22 Million | -2.44% |
| Other Comprehensive Income | CN¥12.98 Million | +0.42% |
| Other Changes | CN¥10.87 Million | +0.35% |
| Total Change | CN¥- | 0.91% |
Book Value vs Market Value Analysis
This analysis compares Holike'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: 1.31x
- 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 21.86x to 1.31x 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¥0.61 | CN¥13.24 | x |
| 2012-12-31 | CN¥0.88 | CN¥13.24 | x |
| 2013-12-31 | CN¥1.27 | CN¥13.24 | x |
| 2014-12-31 | CN¥1.72 | CN¥13.24 | x |
| 2015-12-31 | CN¥3.38 | CN¥13.24 | x |
| 2016-12-31 | CN¥3.90 | CN¥13.24 | x |
| 2017-12-31 | CN¥6.74 | CN¥13.24 | x |
| 2018-12-31 | CN¥7.37 | CN¥13.24 | x |
| 2019-12-31 | CN¥8.11 | CN¥13.24 | x |
| 2020-12-31 | CN¥8.22 | CN¥13.24 | x |
| 2021-12-31 | CN¥8.81 | CN¥13.24 | x |
| 2022-12-31 | CN¥8.19 | CN¥13.24 | x |
| 2023-12-31 | CN¥9.98 | CN¥13.24 | x |
| 2024-12-31 | CN¥10.10 | CN¥13.24 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Holike 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): 2.58%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.22%
- • Asset Turnover: 0.40x
- • Equity Multiplier: 1.52x
- Recent ROE (2.58%) is below the historical average (18.56%), 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 | 34.66% | 12.03% | 1.74x | 1.66x | CN¥32.94 Million |
| 2012 | 31.09% | 13.24% | 1.65x | 1.42x | CN¥40.88 Million |
| 2013 | 35.96% | 15.48% | 1.47x | 1.58x | CN¥72.59 Million |
| 2014 | 37.14% | 15.69% | 1.62x | 1.46x | CN¥103.27 Million |
| 2015 | 17.14% | 15.01% | 0.93x | 1.23x | CN¥67.64 Million |
| 2016 | 21.77% | 17.60% | 0.91x | 1.36x | CN¥136.40 Million |
| 2017 | 16.90% | 18.68% | 0.74x | 1.22x | CN¥142.13 Million |
| 2018 | 16.55% | 17.92% | 0.74x | 1.25x | CN¥151.22 Million |
| 2019 | 14.30% | 16.38% | 0.60x | 1.46x | CN¥109.59 Million |
| 2020 | 10.46% | 12.65% | 0.42x | 1.96x | CN¥12.27 Million |
| 2021 | 0.07% | 0.05% | 0.62x | 2.07x | CN¥-262.71 Million |
| 2022 | 14.16% | 15.27% | 0.64x | 1.44x | CN¥126.75 Million |
| 2023 | 7.01% | 9.59% | 0.50x | 1.47x | CN¥-92.64 Million |
| 2024 | 2.58% | 4.22% | 0.40x | 1.52x | CN¥-232.17 Million |
Industry Comparison
This section compares Holike'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 |
|---|---|---|---|---|
| Holike (603898) | CN¥3.17 Billion | 34.66% | 0.22x | $603.21 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 Holike
Guangzhou Holike Creative Home Co.,Ltd. engages in the research and development, design, production, and sale of home customization solutions in China. It arranges wardrobes, cabinets, wooden doors, wall guards, and finished products. Guangzhou Holike Creative Home Co.,Ltd. was founded in 2002 and is headquartered in Guangzhou, China.