Hygon Information Technology Co. Ltd. A
Hygon Information Technology Co., Ltd. engages in the research and development of computing chip products and systems in China. The company offers high-performance processors for data centers; mid-range processors for industry customers; and other processors for various scenarios, as well as deep computing processors. Its products are used in various applications, including commercial workstation… Read more
Hygon Information Technology Co. Ltd. A (688041) - Net Assets
Latest net assets as of June 2025: CN¥23.95 Billion CNY
Based on the latest financial reports, Hygon Information Technology Co. Ltd. A (688041) has net assets worth CN¥23.95 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¥32.30 Billion) and total liabilities (CN¥8.35 Billion). 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¥23.95 Billion |
| % of Total Assets | 74.15% |
| Annual Growth Rate | 41.96% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 77.69 |
Hygon Information Technology Co. Ltd. A - Net Assets Trend (2020–2024)
This chart illustrates how Hygon Information Technology Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Hygon Information Technology Co. Ltd. A (2020–2024)
The table below shows the annual net assets of Hygon Information Technology Co. Ltd. A from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥22.65 Billion | +11.48% |
| 2023-12-31 | CN¥20.32 Billion | +11.46% |
| 2022-12-31 | CN¥18.23 Billion | +191.15% |
| 2021-12-31 | CN¥6.26 Billion | +12.27% |
| 2020-12-31 | CN¥5.58 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hygon Information Technology Co. Ltd. A'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 387443318672.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥3.63 Billion | 17.94% |
| Other Components | CN¥16.62 Billion | 82.06% |
| Total Equity | CN¥20.25 Billion | 100.00% |
Hygon Information Technology Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Hygon Information Technology Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
China CSSC Holdings Ltd
SHG:600150
|
$24.93 Billion |
|
BRPSF
PINK:BRPSF
|
$24.98 Billion |
|
Sompo Holdings Inc
PINK:NHOLF
|
$25.00 Billion |
|
Hubbell Inc
NYSE:HUBB
|
$25.01 Billion |
|
Wuliangye Yibin Co Ltd
SHE:000858
|
$24.84 Billion |
|
Amadeus IT Holding SA PK
PINK:AMADY
|
$24.80 Billion |
|
Mahindra & Mahindra Limited
PINK:MAHMF
|
$24.80 Billion |
|
Transurban Group
PINK:TRAUF
|
$24.79 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hygon Information Technology Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 18,705,083,963 to 20,250,959,180, a change of 1,545,875,217 (8.3%).
- Net income of 1,930,990,511 contributed positively to equity growth.
- Dividend payments of 281,957,343 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥1.93 Billion | +9.54% |
| Dividends Paid | CN¥281.96 Million | -1.39% |
| Other Changes | CN¥-103.16 Million | -0.51% |
| Total Change | CN¥- | 8.26% |
Book Value vs Market Value Analysis
This analysis compares Hygon Information Technology Co. Ltd. A'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: 27.06x
- 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 98.79x to 27.06x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | CN¥2.39 | CN¥235.74 | x |
| 2021-12-31 | CN¥2.67 | CN¥235.74 | x |
| 2022-12-31 | CN¥7.34 | CN¥235.74 | x |
| 2023-12-31 | CN¥8.05 | CN¥235.74 | x |
| 2024-12-31 | CN¥8.71 | CN¥235.74 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hygon Information Technology Co. Ltd. A 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): 9.54%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 21.08%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 1.41x
- Recent ROE (9.54%) is above the historical average (5.25%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -0.81% | -3.83% | 0.11x | 1.88x | CN¥-522.21 Million |
| 2021 | 6.05% | 14.16% | 0.22x | 1.93x | CN¥-213.46 Million |
| 2022 | 4.71% | 15.68% | 0.23x | 1.29x | CN¥-901.62 Million |
| 2023 | 6.75% | 21.01% | 0.26x | 1.22x | CN¥-607.33 Million |
| 2024 | 9.54% | 21.08% | 0.32x | 1.41x | CN¥-94.11 Million |
Industry Comparison
This section compares Hygon Information Technology Co. Ltd. A's net assets metrics with peer companies in the Computer Hardware industry.
Industry Context
- Industry: Computer Hardware
- Average net assets among peers: $4,086,417,795
- Average return on equity (ROE) among peers: 8.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hygon Information Technology Co. Ltd. A (688041) | CN¥23.95 Billion | -0.81% | 0.35x | $24.92 Billion |
| Shenzhen Kaifa Technology Co Ltd (000021) | $2.51 Billion | 8.88% | 0.75x | $4.32 Billion |
| China Greatwall Computer Shenzhen Co Ltd (000066) | $8.65 Billion | 12.89% | 1.51x | $4.29 Billion |
| TPV Technology Co Ltd (000727) | $999.58 Million | -17.15% | 1.01x | $917.87 Million |
| Inspur Electronic Info Industr (000977) | $2.34 Billion | 14.51% | 1.55x | $8.33 Billion |
| JWIPC Technology Co Ltd (001339) | $2.19 Billion | 5.71% | 1.34x | $695.05 Million |
| Shandong Senter Electn Co Ltd (001388) | $586.50 Million | 20.03% | 0.78x | $57.95K |
| Ninestar Corp (002180) | $4.45 Billion | 1.37% | 10.84x | $2.19 Billion |
| Hangzhou Hikvision Digital Technology Co Ltd (002415) | $11.20 Billion | 27.37% | 0.26x | $15.39 Billion |
| Shenzhen Rapoo Technology (002577) | $1.17 Billion | 0.69% | 0.12x | $271.44 Million |
| Suzhou Anjie Technology Co Ltd (002635) | $6.77 Billion | 5.78% | 0.29x | $623.88 Million |