Beijing Huafeng Test & Control Technology Co Ltd
Beijing Huafeng Test & Control Technology Co.,Ltd. engages in the research and development, production, and sale of semiconductor automated test systems and accessories in China, Taiwan, the United States, Europe, Japan, South Korea, Southeast Asia, and internationally. Its products include STS8200 for use in the testing of analog, hybrid, and power integrated circuits, such as power management, … Read more
Beijing Huafeng Test & Control Technology Co Ltd (688200) - Net Assets
Latest net assets as of June 2025: CN¥3.68 Billion CNY
Based on the latest financial reports, Beijing Huafeng Test & Control Technology Co Ltd (688200) has net assets worth CN¥3.68 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¥3.94 Billion) and total liabilities (CN¥262.22 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¥3.68 Billion |
| % of Total Assets | 93.34% |
| Annual Growth Rate | 49.97% |
| 5-Year Change | 67.25% |
| 10-Year Change | N/A |
| Growth Volatility | 124.52 |
Beijing Huafeng Test & Control Technology Co Ltd - Net Assets Trend (2016–2024)
This chart illustrates how Beijing Huafeng Test & Control Technology 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 Beijing Huafeng Test & Control Technology Co Ltd (2016–2024)
The table below shows the annual net assets of Beijing Huafeng Test & Control Technology Co Ltd from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.57 Billion | +7.14% |
| 2023-12-31 | CN¥3.33 Billion | +6.17% |
| 2022-12-31 | CN¥3.14 Billion | +19.76% |
| 2021-12-31 | CN¥2.62 Billion | +22.78% |
| 2020-12-31 | CN¥2.13 Billion | +398.76% |
| 2019-12-31 | CN¥428.01 Million | +81.63% |
| 2018-12-31 | CN¥235.66 Million | +32.97% |
| 2017-12-31 | CN¥177.23 Million | +27.03% |
| 2016-12-31 | CN¥139.51 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Beijing Huafeng Test & Control 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 1285.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.46 Billion | 40.82% |
| Other Components | CN¥2.11 Billion | 59.18% |
| Total Equity | CN¥3.57 Billion | 100.00% |
Beijing Huafeng Test & Control Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Beijing Huafeng Test & Control Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Liberty Global Ltd.
F:3O41
|
$2.82 Billion |
|
WNS Holdings Ltd
NYSE:WNS
|
$2.82 Billion |
|
Asbury Automotive Group Inc
NYSE:ABG
|
$2.82 Billion |
|
Air Canada
OTCQX:ACDVF
|
$2.83 Billion |
|
NMI Holdings Inc
NASDAQ:NMIH
|
$2.82 Billion |
|
National Storage Affiliates Trust
NYSE:NSA
|
$2.82 Billion |
|
Tidewater Inc
NYSE:TDW
|
$2.82 Billion |
|
Shijiazhuang Changshan Textile Co Ltd
SHE:000158
|
$2.82 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Beijing Huafeng Test & Control Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,332,493,963 to 3,570,280,795, a change of 237,786,832 (7.1%).
- Net income of 333,914,850 contributed positively to equity growth.
- Dividend payments of 106,824,292 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥333.91 Million | +9.35% |
| Dividends Paid | CN¥106.82 Million | -2.99% |
| Other Changes | CN¥10.70 Million | +0.3% |
| Total Change | CN¥- | 7.14% |
Book Value vs Market Value Analysis
This analysis compares Beijing Huafeng Test & Control 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: 9.53x
- 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 59.52x to 9.53x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥4.22 | CN¥251.14 | x |
| 2018-12-31 | CN¥5.61 | CN¥251.14 | x |
| 2019-12-31 | CN¥9.33 | CN¥251.14 | x |
| 2020-12-31 | CN¥34.89 | CN¥251.14 | x |
| 2021-12-31 | CN¥42.74 | CN¥251.14 | x |
| 2022-12-31 | CN¥34.47 | CN¥251.14 | x |
| 2023-12-31 | CN¥24.62 | CN¥251.14 | x |
| 2024-12-31 | CN¥26.36 | CN¥251.14 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Beijing Huafeng Test & Control 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): 9.35%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 36.88%
- • Asset Turnover: 0.24x
- • Equity Multiplier: 1.07x
- Recent ROE (9.35%) is below the historical average (20.16%), 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 | 29.54% | 36.81% | 0.69x | 1.17x | CN¥27.26 Million |
| 2017 | 29.80% | 35.55% | 0.71x | 1.18x | CN¥35.09 Million |
| 2018 | 38.50% | 41.49% | 0.76x | 1.21x | CN¥67.16 Million |
| 2019 | 23.83% | 40.06% | 0.52x | 1.15x | CN¥59.19 Million |
| 2020 | 9.33% | 50.11% | 0.18x | 1.06x | CN¥-14.28 Million |
| 2021 | 16.74% | 49.96% | 0.30x | 1.11x | CN¥176.66 Million |
| 2022 | 16.77% | 49.16% | 0.32x | 1.07x | CN¥212.40 Million |
| 2023 | 7.55% | 36.43% | 0.20x | 1.04x | CN¥-81.60 Million |
| 2024 | 9.35% | 36.88% | 0.24x | 1.07x | CN¥-23.11 Million |
Industry Comparison
This section compares Beijing Huafeng Test & Control Technology Co Ltd's net assets metrics with peer companies in the Semiconductor Equipment & Materials industry.
Industry Context
- Industry: Semiconductor Equipment & Materials
- Average net assets among peers: $20,570,804,952
- Average return on equity (ROE) among peers: 8.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Beijing Huafeng Test & Control Technology Co Ltd (688200) | CN¥3.68 Billion | 29.54% | 0.07x | $2.82 Billion |
| TCL Corp (000100) | $132.14 Billion | 0.20% | 1.72x | $11.00 Billion |
| Inner Mongolia Ojing Science & Technology Co. Ltd. A (001269) | $470.47 Million | 28.36% | 1.12x | $193.39 Million |
| TCL Zhonghuan Renewable Energy Technology Co Ltd (002129) | $47.06 Billion | 14.49% | 1.32x | $3.68 Billion |
| TongFu Microelectronics Co Ltd (002156) | $222.39 Million | 16.98% | 3.34x | $6.97 Billion |
| Tianshui Huatian Technology Co Ltd (002185) | $19.12 Billion | 1.18% | 0.76x | $4.61 Billion |
| NAURA Technology Group Co Ltd (002371) | $3.36 Billion | 2.76% | 0.94x | $23.27 Billion |
| Jiangsu Yoke Technology Co Ltd (002409) | $1.25 Billion | 6.30% | 0.11x | $3.07 Billion |
| Guangdong Huafeng New Energy Technology Co Ltd (002806) | $1.01 Billion | 8.50% | 1.05x | $204.60 Million |
| Zhejiang Mtcn Technology Co Ltd (003026) | $44.34 Million | 1.04% | 0.46x | $308.98 Million |
| Hubei Tech Semiconductors Co (300046) | $1.03 Billion | 4.28% | 0.07x | $823.72 Million |