Hangzhou Huawang New Material Technology Co.Ltd. (605377) - Net Assets
Based on the latest financial reports, Hangzhou Huawang New Material Technology Co.Ltd. (605377) has net assets worth CN¥3.97 Billion CNY (≈ $581.13 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥5.94 Billion ≈ $869.25 Million USD) and total liabilities (CN¥1.97 Billion ≈ $288.13 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. Also explore Hangzhou Huawang New Material Technology assets under control for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.97 Billion |
| % of Total Assets | 66.85% |
| Annual Growth Rate | 34.64% |
| 5-Year Change | 52.81% |
| 10-Year Change | 687.93% |
| Growth Volatility | 33.57 |
Hangzhou Huawang New Material Technology Co.Ltd. - Net Assets Trend (2013–2025)
This chart illustrates how Hangzhou Huawang New Material Technology Co.Ltd.'s net assets have evolved over time, based on quarterly financial data. Check Hangzhou Huawang New Material Technology (605377) tangible net worth to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Hangzhou Huawang New Material Technology Co.Ltd. (2013–2025)
The table below shows the annual net assets of Hangzhou Huawang New Material Technology Co.Ltd. from 2013 to 2025. For live valuation and market cap data, see how much is Hangzhou Huawang New Material Technology worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥3.91 Billion ≈ $571.49 Million |
-1.48% |
| 2024-12-31 | CN¥3.96 Billion ≈ $580.09 Million |
-1.26% |
| 2023-12-31 | CN¥4.01 Billion ≈ $587.49 Million |
+11.09% |
| 2022-12-31 | CN¥3.61 Billion ≈ $528.83 Million |
+41.40% |
| 2021-12-31 | CN¥2.56 Billion ≈ $374.00 Million |
+14.75% |
| 2020-12-31 | CN¥2.23 Billion ≈ $325.92 Million |
+105.20% |
| 2019-12-31 | CN¥1.09 Billion ≈ $158.83 Million |
+19.87% |
| 2018-12-31 | CN¥905.46 Million ≈ $132.50 Million |
+15.06% |
| 2017-12-31 | CN¥786.94 Million ≈ $115.15 Million |
+58.77% |
| 2016-12-31 | CN¥495.66 Million ≈ $72.53 Million |
+72.32% |
| 2015-12-31 | CN¥287.65 Million ≈ $42.09 Million |
+84.47% |
| 2014-12-31 | CN¥155.93 Million ≈ $22.82 Million |
+41.74% |
| 2013-12-31 | CN¥110.01 Million ≈ $16.10 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Hangzhou Huawang New Material Technology 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 3538.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.44 Billion | 36.91% |
| Other Components | CN¥2.46 Billion | 63.09% |
| Total Equity | CN¥3.91 Billion | 100.00% |
Hangzhou Huawang New Material Technology Co.Ltd. Competitors by Market Cap
The table below lists competitors of Hangzhou Huawang New Material Technology Co.Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jiangxi GETO New Materials Corporation Limited
SHE:300986
|
$743.31 Million |
|
Zhejiang Zhaofeng Mechanical and Electronic Co Ltd
SHE:300695
|
$743.38 Million |
|
Pick N Pay Stores Ltd
JSE:PIK
|
$743.42 Million |
|
Weihai Guangtai Airport Equipment Co Ltd
SHE:002111
|
$743.47 Million |
|
Sinopec Oilfield Equipment Corp
SHE:000852
|
$742.81 Million |
|
Zhejiang Zanyu Technology Co Ltd
SHE:002637
|
$742.72 Million |
|
Stx Engine
KO:077970
|
$742.60 Million |
|
Changzhou Tenglong Auto Parts
SHG:603158
|
$742.57 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hangzhou Huawang New Material Technology Co.Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,964,206,797 to 3,905,470,610, a change of -58,736,187 (-1.5%).
- Net income of 270,885,367 contributed positively to equity growth.
- Dividend payments of 341,220,912 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥270.89 Million | +6.94% |
| Dividends Paid | CN¥341.22 Million | -8.74% |
| Other Changes | CN¥11.60 Million | +0.3% |
| Total Change | CN¥- | -1.48% |
Book Value vs Market Value Analysis
This analysis compares Hangzhou Huawang New Material Technology 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: 1.30x
- 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 15.00x to 1.30x 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¥0.61 | CN¥9.12 | x |
| 2014-12-31 | CN¥0.72 | CN¥9.12 | x |
| 2015-12-31 | CN¥1.23 | CN¥9.12 | x |
| 2016-12-31 | CN¥1.66 | CN¥9.12 | x |
| 2017-12-31 | CN¥2.36 | CN¥9.12 | x |
| 2018-12-31 | CN¥2.52 | CN¥9.12 | x |
| 2019-12-31 | CN¥3.00 | CN¥9.12 | x |
| 2020-12-31 | CN¥6.15 | CN¥9.12 | x |
| 2021-12-31 | CN¥5.31 | CN¥9.12 | x |
| 2022-12-31 | CN¥6.71 | CN¥9.12 | x |
| 2023-12-31 | CN¥7.26 | CN¥9.12 | x |
| 2024-12-31 | CN¥7.12 | CN¥9.12 | x |
| 2025-12-31 | CN¥7.02 | CN¥9.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hangzhou Huawang New Material Technology 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): 6.94%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.46%
- • Asset Turnover: 0.53x
- • Equity Multiplier: 1.55x
- Recent ROE (6.94%) is below the historical average (16.72%), 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 | 18.59% | 4.03% | 1.13x | 4.07x | CN¥9.45 Million |
| 2014 | 29.45% | 7.72% | 1.14x | 3.33x | CN¥30.33 Million |
| 2015 | 21.44% | 10.26% | 0.90x | 2.32x | CN¥32.40 Million |
| 2016 | 20.40% | 7.51% | 1.15x | 2.37x | CN¥51.55 Million |
| 2017 | 22.55% | 9.70% | 1.22x | 1.91x | CN¥98.76 Million |
| 2018 | 13.84% | 6.51% | 1.13x | 1.88x | CN¥34.81 Million |
| 2019 | 15.87% | 10.33% | 0.84x | 1.83x | CN¥63.15 Million |
| 2020 | 11.72% | 16.13% | 0.47x | 1.54x | CN¥38.08 Million |
| 2021 | 17.61% | 15.26% | 0.73x | 1.58x | CN¥193.79 Million |
| 2022 | 12.95% | 13.60% | 0.62x | 1.53x | CN¥106.56 Million |
| 2023 | 14.12% | 14.24% | 0.64x | 1.55x | CN¥165.12 Million |
| 2024 | 11.83% | 12.44% | 0.62x | 1.54x | CN¥72.44 Million |
| 2025 | 6.94% | 8.46% | 0.53x | 1.55x | CN¥-119.66 Million |
Industry Comparison
This section compares Hangzhou Huawang New Material Technology Co.Ltd.'s net assets metrics with peer companies in the Paper & Paper Products industry.
Industry Context
- Industry: Paper & Paper Products
- Average net assets among peers: $6,064,974,306
- Average return on equity (ROE) among peers: -3.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hangzhou Huawang New Material Technology Co.Ltd. (605377) | CN¥3.97 Billion | 18.59% | 0.50x | $742.90 Million |
| Shandong Chenming Paper Holdings Ltd (000488) | $14.35 Billion | 3.52% | 2.96x | $477.03 Million |
| MCC Meili Paper Industry Co Ltd (000815) | $1.92 Billion | -12.13% | 0.62x | $1.86 Billion |
| Zhejiang Kan Specialities Material Co Ltd (002012) | $1.70 Billion | 2.80% | 0.15x | $447.52 Million |
| Zhejiang Jingxing Paper Joint Stock Co Ltd (002067) | $1.94 Billion | 4.26% | 0.89x | $971.18 Million |
| Shan Dong Sun Paper Industry Joint Stock Co Ltd (002078) | $7.39 Billion | 9.02% | 1.67x | $5.68 Billion |
| Xiamen Anne Corp Ltd (002235) | $1.24 Billion | -50.18% | 0.30x | $709.86 Million |
| Qifeng New Material Co Ltd (002521) | $3.35 Billion | 8.06% | 0.22x | $565.49 Million |
| Shandong Chenming Paper Holdings Ltd Class B (200488) | $26.34 Billion | 6.29% | 2.72x | $50.50 Million |
| Cre8 Direct Ningbo Co Ltd (300703) | $952.34 Million | 11.33% | 1.00x | $352.93 Million |
| Fujian Qingshan Paper Industry Co Ltd (600103) | $1.47 Billion | -21.71% | 1.39x | $980.43 Million |
About Hangzhou Huawang New Material Technology Co.Ltd.
Hangzhou Huawang New Material Technology Co.,Ltd. engages in the research and development, production, and sales of decorative base papers. It also engages in the wood pulp trade; thermal energy; and import & export business. The company was formerly known as Hangzhou Huatian Paper Co. Ltd. The company was founded in 1994 and is headquartered in Hangzhou, China.