Hangzhou Haoyue Personal Care Co Ltd (605009) - Net Assets
Based on the latest financial reports, Hangzhou Haoyue Personal Care Co Ltd (605009) has net assets worth CN¥3.39 Billion CNY (≈ $495.46 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¥5.22 Billion ≈ $764.56 Million USD) and total liabilities (CN¥1.84 Billion ≈ $269.10 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 how resilient are Hangzhou Haoyue Personal Care Co Ltd's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.39 Billion |
| % of Total Assets | 64.8% |
| Annual Growth Rate | 63.01% |
| 5-Year Change | 18.43% |
| 10-Year Change | N/A |
| Growth Volatility | 112.84 |
Hangzhou Haoyue Personal Care Co Ltd - Net Assets Trend (2016–2024)
This chart illustrates how Hangzhou Haoyue Personal Care Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 605009 total assets for the complete picture of this company's asset base.
Annual Net Assets for Hangzhou Haoyue Personal Care Co Ltd (2016–2024)
The table below shows the annual net assets of Hangzhou Haoyue Personal Care Co Ltd from 2016 to 2024. For live valuation and market cap data, see 605009 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.30 Billion ≈ $483.06 Million |
+2.60% |
| 2023-12-31 | CN¥3.22 Billion ≈ $470.81 Million |
+6.75% |
| 2022-12-31 | CN¥3.01 Billion ≈ $441.05 Million |
+0.69% |
| 2021-12-31 | CN¥2.99 Billion ≈ $438.04 Million |
+7.40% |
| 2020-12-31 | CN¥2.79 Billion ≈ $407.88 Million |
+336.49% |
| 2019-12-31 | CN¥638.57 Million ≈ $93.44 Million |
+81.38% |
| 2018-12-31 | CN¥352.07 Million ≈ $51.52 Million |
+78.74% |
| 2017-12-31 | CN¥196.97 Million ≈ $28.82 Million |
+197.45% |
| 2016-12-31 | CN¥66.22 Million ≈ $9.69 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Hangzhou Haoyue Personal Care 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 15657.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.71 Billion | 51.74% |
| Common Stock | CN¥155.22 Million | 4.70% |
| Other Components | CN¥1.44 Billion | 43.56% |
| Total Equity | CN¥3.30 Billion | 100.00% |
Hangzhou Haoyue Personal Care Co Ltd Competitors by Market Cap
The table below lists competitors of Hangzhou Haoyue Personal Care Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hangzhou Fortune Gas Cryogenic Group Co. Ltd. A
SHG:603173
|
$917.09 Million |
|
Warom Technology Inc Co
SHG:603855
|
$917.14 Million |
|
Jastrzebska Spotka Weglowa SA
WAR:JSW
|
$917.38 Million |
|
ASA Gold and Precious Metals Ltd
NYSE:ASA
|
$917.38 Million |
|
RHI MAGNESITA INDIA LIMITED
NSE:RHIM
|
$916.63 Million |
|
Hubei Chutian Expressway Co Ltd
SHG:600035
|
$916.53 Million |
|
CRA International Inc
NASDAQ:CRAI
|
$916.51 Million |
|
Double Bond Chemical Ind Co Ltd
TW:4764
|
$916.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hangzhou Haoyue Personal Care Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,217,398,470 to 3,301,136,558, a change of 83,738,088 (2.6%).
- Net income of 387,511,489 contributed positively to equity growth.
- Dividend payments of 272,216,733 reduced retained earnings.
- Share repurchases of 62,830,873 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥387.51 Million | +11.74% |
| Dividends Paid | CN¥272.22 Million | -8.25% |
| Share Repurchases | CN¥62.83 Million | -1.9% |
| Other Changes | CN¥31.27 Million | +0.95% |
| Total Change | CN¥- | 2.60% |
Book Value vs Market Value Analysis
This analysis compares Hangzhou Haoyue Personal Care 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: 1.36x
- 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 52.31x to 1.36x 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¥0.56 | CN¥29.14 | x |
| 2017-12-31 | CN¥1.66 | CN¥29.14 | x |
| 2018-12-31 | CN¥2.95 | CN¥29.14 | x |
| 2019-12-31 | CN¥5.39 | CN¥29.14 | x |
| 2020-12-31 | CN¥17.54 | CN¥29.14 | x |
| 2021-12-31 | CN¥18.82 | CN¥29.14 | x |
| 2022-12-31 | CN¥19.24 | CN¥29.14 | x |
| 2023-12-31 | CN¥20.83 | CN¥29.14 | x |
| 2024-12-31 | CN¥21.37 | CN¥29.14 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hangzhou Haoyue Personal Care 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): 11.74%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.23%
- • Asset Turnover: 0.60x
- • Equity Multiplier: 1.47x
- Recent ROE (11.74%) is below the historical average (26.95%), 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 | 33.47% | 4.77% | 0.88x | 8.00x | CN¥15.54 Million |
| 2017 | 34.02% | 8.81% | 1.15x | 3.37x | CN¥47.32 Million |
| 2018 | 52.57% | 12.77% | 1.58x | 2.61x | CN¥149.89 Million |
| 2019 | 49.38% | 16.14% | 1.56x | 1.96x | CN¥251.46 Million |
| 2020 | 21.60% | 23.23% | 0.77x | 1.21x | CN¥323.22 Million |
| 2021 | 12.12% | 14.73% | 0.62x | 1.32x | CN¥63.32 Million |
| 2022 | 14.03% | 15.09% | 0.67x | 1.38x | CN¥121.48 Million |
| 2023 | 13.63% | 15.91% | 0.59x | 1.44x | CN¥116.86 Million |
| 2024 | 11.74% | 13.23% | 0.60x | 1.47x | CN¥57.40 Million |
Industry Comparison
This section compares Hangzhou Haoyue Personal Care Co Ltd's net assets metrics with peer companies in the Household & Personal Products industry.
Industry Context
- Industry: Household & Personal Products
- Average net assets among peers: $1,364,432,075
- Average return on equity (ROE) among peers: 15.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hangzhou Haoyue Personal Care Co Ltd (605009) | CN¥3.39 Billion | 33.47% | 0.54x | $917.06 Million |
| Lonkey Industrial Co Ltd Guangzhou (000523) | $1.50 Billion | -7.33% | 3.80x | $910.51 Million |
| Tianjin Yiyi Hygiene Products Co Ltd (001206) | $1.83 Billion | 11.73% | 0.20x | $520.28 Million |
| Hunan Resun Co Ltd (001218) | $713.17 Million | 18.43% | 1.00x | $519.47 Million |
| Qingdao Kingking Applied Chemistry Co Ltd (002094) | $117.73 Million | 31.07% | 1.21x | $630.86 Million |
| C&S Paper Co Ltd (002511) | $4.08 Billion | 14.81% | 0.48x | $1.56 Billion |
| Anhui Deli Household Glass Co Ltd (002571) | $1.47 Billion | 0.59% | 0.77x | $677.36 Million |
| Mingchen Health Co Ltd Class A (002919) | $229.96 Million | 18.92% | 1.06x | $952.02 Million |
| Chongqing Baiya Sanitary Products Co (003006) | $1.21 Billion | 18.77% | 0.28x | $1.14 Billion |
| Chengdu Rainbow Appliance Gr (003023) | $1.38 Billion | 8.04% | 0.39x | $489.11 Million |
| Fujian Green Pine Co Ltd (300132) | $1.11 Billion | 36.07% | 0.32x | $675.04 Million |
About Hangzhou Haoyue Personal Care Co Ltd
Hangzhou Haoyue Personal Care Co., Ltd. research, develops, manufactures, and sells women, young, and adult health care products under the haoyue brand name in China. The company sells baby diapers, including tape, and pull-up diaper, and wet tissue; adult diapers; nursing pad; and sanitary napkins products. Hangzhou Haoyue Personal Care Co., Ltd. was founded in 1992 and is headquartered in Hangz… Read more