Power HF Co Ltd
Power HF Co., Ltd. researches and develops, manufactures, and sells diesel engines in China and internationally. The company also offers gas engines, generator sets, and machining parts. Its products are used in stationary power, power equipment, data center, mobile communication, agricultural machinery, heavy truck, construction machinery, and marine engines. The company was founded in 1920 and … Read more
Power HF Co Ltd (605100) - Net Assets
Latest net assets as of June 2025: CN¥1.82 Billion CNY
Based on the latest financial reports, Power HF Co Ltd (605100) has net assets worth CN¥1.82 Billion CNY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.27 Billion) and total liabilities (CN¥455.28 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¥1.82 Billion |
| % of Total Assets | 79.98% |
| Annual Growth Rate | 19.52% |
| 5-Year Change | 4.71% |
| 10-Year Change | N/A |
| Growth Volatility | 35.57 |
Power HF Co Ltd - Net Assets Trend (2016–2024)
This chart illustrates how Power HF 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 Power HF Co Ltd (2016–2024)
The table below shows the annual net assets of Power HF Co Ltd from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.84 Billion | -1.43% |
| 2023-12-31 | CN¥1.87 Billion | +5.35% |
| 2022-12-31 | CN¥1.77 Billion | -3.16% |
| 2021-12-31 | CN¥1.83 Billion | +4.12% |
| 2020-12-31 | CN¥1.76 Billion | +112.22% |
| 2019-12-31 | CN¥829.17 Million | +15.92% |
| 2018-12-31 | CN¥715.32 Million | +19.39% |
| 2017-12-31 | CN¥599.15 Million | +35.44% |
| 2016-12-31 | CN¥442.37 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Power HF 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 505.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥584.28 Million | 31.71% |
| Other Components | CN¥1.26 Billion | 68.29% |
| Total Equity | CN¥1.84 Billion | 100.00% |
Power HF Co Ltd Competitors by Market Cap
The table below lists competitors of Power HF Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sichuan Jiuyuan Yinhai Software Co Ltd
SHE:002777
|
$601.49 Million |
|
Anhui Sierte Fertilizer Industry Ltd Co
SHE:002538
|
$601.60 Million |
|
BKV Corporation
NYSE:BKV
|
$601.61 Million |
|
AS LHV GROUP EO -10
F:ASU0
|
$601.68 Million |
|
Emei Shan Tourism Co Ltd
SHE:000888
|
$601.20 Million |
|
Shandong Hi-Speed Road&Bridge
SHE:000498
|
$601.09 Million |
|
Union Bank of Taiwan
TW:2838
|
$600.99 Million |
|
POSEIDA THERAP. DL-0001
F:2RZ
|
$600.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Power HF Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,869,231,338 to 1,842,581,642, a change of -26,649,696 (-1.4%).
- Net income of 73,587,983 contributed positively to equity growth.
- Dividend payments of 102,199,415 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥73.59 Million | +3.99% |
| Dividends Paid | CN¥102.20 Million | -5.55% |
| Other Changes | CN¥1.96 Million | +0.11% |
| Total Change | CN¥- | -1.43% |
Book Value vs Market Value Analysis
This analysis compares Power HF 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: 3.89x
- 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 7.20x to 3.89x 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¥5.82 | CN¥41.90 | x |
| 2017-12-31 | CN¥7.11 | CN¥41.90 | x |
| 2018-12-31 | CN¥7.64 | CN¥41.90 | x |
| 2019-12-31 | CN¥6.33 | CN¥41.90 | x |
| 2020-12-31 | CN¥17.19 | CN¥41.90 | x |
| 2021-12-31 | CN¥10.73 | CN¥41.90 | x |
| 2022-12-31 | CN¥10.53 | CN¥41.90 | x |
| 2023-12-31 | CN¥11.00 | CN¥41.90 | x |
| 2024-12-31 | CN¥10.77 | CN¥41.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Power HF 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): 3.99%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.03%
- • Asset Turnover: 0.38x
- • Equity Multiplier: 1.33x
- Recent ROE (3.99%) is below the historical average (10.38%), 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 | 10.55% | 7.51% | 0.74x | 1.90x | CN¥2.38 Million |
| 2017 | 15.77% | 11.91% | 0.80x | 1.65x | CN¥33.71 Million |
| 2018 | 16.64% | 12.49% | 0.79x | 1.68x | CN¥46.28 Million |
| 2019 | 19.35% | 13.50% | 0.86x | 1.67x | CN¥75.46 Million |
| 2020 | 10.97% | 11.97% | 0.72x | 1.28x | CN¥16.84 Million |
| 2021 | 8.94% | 12.10% | 0.58x | 1.27x | CN¥-19.34 Million |
| 2022 | 1.33% | 3.17% | 0.34x | 1.25x | CN¥-153.86 Million |
| 2023 | 5.85% | 8.08% | 0.57x | 1.27x | CN¥-77.63 Million |
| 2024 | 3.99% | 8.03% | 0.38x | 1.33x | CN¥-110.67 Million |
Industry Comparison
This section compares Power HF Co Ltd's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $2,756,582,101
- Average return on equity (ROE) among peers: 3.64%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Power HF Co Ltd (605100) | CN¥1.82 Billion | 10.55% | 0.25x | $601.42 Million |
| Huayi Compressor Co Ltd (000404) | $4.62 Billion | 6.27% | 1.54x | $442.00 Million |
| Shenyang Machine Tool Co Ltd (000410) | $1.64 Billion | 1.42% | 7.02x | $1.49 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $9.01 Billion | 5.39% | 0.56x | $1.99 Billion |
| Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) | $253.05 Million | 8.02% | 1.40x | $521.27 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $2.55 Billion | 0.37% | 0.97x | $25.43 Million |
| Baota Industry Co Ltd (000595) | $746.32 Million | -18.39% | 0.62x | $534.59 Million |
| SUFA Technology Industry Co Ltd CNNC (000777) | $303.55 Million | 4.59% | 0.79x | $1.02 Billion |
| J.S. Corrugating Machinery Co Ltd (000821) | $4.26 Billion | 10.07% | 2.30x | $779.89 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $3.87 Billion | 7.25% | 1.03x | $897.36 Million |
| Ning Xia Yin Xing Energy Co Ltd (000862) | $316.43 Million | 11.36% | 5.88x | $460.99 Million |