Hangzhou Greenda Electronic Materials Co Ltd
Hangzhou Greenda Electronic Materials Co., Ltd. engages in the research and development, production, and servicing of high-purity electronic chemicals in China and internationally. It offers wet electronic chemicals; hydrochloric, nitric, sulphuric, hydrofluoric, acetic, fluosilicic, and phosphoric acid; tetramethylammonium hydroxide; isopropanol; "-butyrolactone; n-methyl pyrrolidone; KOH develo… Read more
Hangzhou Greenda Electronic Materials Co Ltd (603931) - Net Assets
Latest net assets as of September 2025: CN¥1.61 Billion CNY
Based on the latest financial reports, Hangzhou Greenda Electronic Materials Co Ltd (603931) has net assets worth CN¥1.61 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¥1.76 Billion) and total liabilities (CN¥146.37 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¥1.61 Billion |
| % of Total Assets | 91.69% |
| Annual Growth Rate | 23.3% |
| 5-Year Change | 41.73% |
| 10-Year Change | N/A |
| Growth Volatility | 32.6 |
Hangzhou Greenda Electronic Materials Co Ltd - Net Assets Trend (2016–2024)
This chart illustrates how Hangzhou Greenda Electronic Materials Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Hangzhou Greenda Electronic Materials Co Ltd (2016–2024)
The table below shows the annual net assets of Hangzhou Greenda Electronic Materials Co Ltd from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.57 Billion | +6.34% |
| 2023-12-31 | CN¥1.47 Billion | +9.78% |
| 2022-12-31 | CN¥1.34 Billion | +10.02% |
| 2021-12-31 | CN¥1.22 Billion | +10.35% |
| 2020-12-31 | CN¥1.10 Billion | +111.25% |
| 2019-12-31 | CN¥522.98 Million | +18.64% |
| 2018-12-31 | CN¥440.80 Million | +20.22% |
| 2017-12-31 | CN¥366.66 Million | +25.07% |
| 2016-12-31 | CN¥293.16 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hangzhou Greenda Electronic Materials 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 313.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥609.25 Million | 38.94% |
| Common Stock | CN¥199.56 Million | 12.75% |
| Other Comprehensive Income | CN¥140.62 Million | 8.99% |
| Other Components | CN¥615.35 Million | 39.33% |
| Total Equity | CN¥1.56 Billion | 100.00% |
Hangzhou Greenda Electronic Materials Co Ltd Competitors by Market Cap
The table below lists competitors of Hangzhou Greenda Electronic Materials Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mastek Limited
NSE:MASTEK
|
$274.12 Million |
|
GRAINTURK Holding A.S.
IS:GRTHO
|
$274.17 Million |
|
Solusi Sinergi Digital Tbk PT
JK:WIFI
|
$274.20 Million |
|
Shanghai Yongguan Adhesive Products Corp Ltd
SHG:603681
|
$274.27 Million |
|
Hangzhou Electn Soul Network
SHG:603258
|
$273.85 Million |
|
FIRST BK (WILL. NJ) DL-01
F:6UT
|
$273.81 Million |
|
Crystal Growth & Energy Equipment Co. Ltd. A
SHG:688478
|
$273.72 Million |
|
Zhejiang Guangsha Co Ltd
SHG:600052
|
$273.51 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hangzhou Greenda Electronic Materials Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,471,429,747 to 1,564,777,730, a change of 93,347,983 (6.3%).
- Net income of 146,249,645 contributed positively to equity growth.
- Dividend payments of 52,882,971 reduced retained earnings.
- Other comprehensive income increased equity by 140,616,981.
- Other factors decreased equity by 140,635,672.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥146.25 Million | +9.35% |
| Dividends Paid | CN¥52.88 Million | -3.38% |
| Other Comprehensive Income | CN¥140.62 Million | +8.99% |
| Other Changes | CN¥-140.64 Million | -8.99% |
| Total Change | CN¥- | 6.34% |
Book Value vs Market Value Analysis
This analysis compares Hangzhou Greenda Electronic Materials 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: 3.90x
- 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 10.02x to 3.90x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | CN¥3.05 | CN¥30.59 | x |
| 2017-12-31 | CN¥2.73 | CN¥30.59 | x |
| 2018-12-31 | CN¥2.94 | CN¥30.59 | x |
| 2019-12-31 | CN¥2.62 | CN¥30.59 | x |
| 2020-12-31 | CN¥5.54 | CN¥30.59 | x |
| 2021-12-31 | CN¥6.10 | CN¥30.59 | x |
| 2022-12-31 | CN¥6.72 | CN¥30.59 | x |
| 2023-12-31 | CN¥7.37 | CN¥30.59 | x |
| 2024-12-31 | CN¥7.84 | CN¥30.59 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hangzhou Greenda Electronic Materials 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): 9.35%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 22.29%
- • Asset Turnover: 0.38x
- • Equity Multiplier: 1.11x
- Recent ROE (9.35%) is below the historical average (14.52%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 20.94% | 19.82% | 0.60x | 1.77x | CN¥32.08 Million |
| 2017 | 15.71% | 14.28% | 0.76x | 1.45x | CN¥20.93 Million |
| 2018 | 20.30% | 17.45% | 0.84x | 1.39x | CN¥45.39 Million |
| 2019 | 19.59% | 19.54% | 0.77x | 1.31x | CN¥50.18 Million |
| 2020 | 9.13% | 17.28% | 0.47x | 1.13x | CN¥-9.63 Million |
| 2021 | 11.54% | 18.03% | 0.56x | 1.15x | CN¥18.73 Million |
| 2022 | 12.19% | 19.28% | 0.55x | 1.16x | CN¥29.37 Million |
| 2023 | 11.90% | 25.18% | 0.41x | 1.14x | CN¥27.93 Million |
| 2024 | 9.35% | 22.29% | 0.38x | 1.11x | CN¥-10.23 Million |
Industry Comparison
This section compares Hangzhou Greenda Electronic Materials Co Ltd's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $2,626,916,213
- Average return on equity (ROE) among peers: 12.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hangzhou Greenda Electronic Materials Co Ltd (603931) | CN¥1.61 Billion | 20.94% | 0.09x | $274.10 Million |
| North Huajin Chemical Industries Co Ltd (000059) | $6.22 Billion | 3.15% | 2.45x | $677.73 Million |
| Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) | $1.22 Billion | 8.90% | 0.47x | $2.89 Billion |
| Zangge Holding Co Ltd (000408) | $13.85 Billion | 18.63% | 0.09x | $11.87 Billion |
| Sichuan Jinlu Group Co Ltd (000510) | $31.03 Million | 11.65% | 3.42x | $1.15 Billion |
| Jilin Gpro Titanium Industry Co Ltd (000545) | $258.76 Million | 6.78% | 0.30x | $423.89 Million |
| Aoyuan Beauty Valley Technology Co Ltd (000615) | $54.68 Million | 39.27% | 1.16x | $225.85 Million |
| Ningxia Younglight Chemicals Co Ltd (000635) | $184.46 Million | 13.30% | 2.58x | $295.21 Million |
| Maoming Petro-Chemical Shihua Co Ltd (000637) | $691.87 Million | 1.61% | 0.02x | $187.22 Million |
| Shenyang Chemical Industry Co Ltd (000698) | $3.01 Billion | 7.14% | 1.28x | $240.44 Million |
| Hubei Shuanghuan Science and Technology Stock Co Ltd (000707) | $759.12 Million | 13.65% | 0.22x | $412.94 Million |