Guangdong Huate Gas Co Ltd
Guangdong Huate Gas Co., Ltd produces and supplies gas and gas equipment in China, and internationally. It offers perfluoropropane/octafluoropropane; hexafluoro and butadiene; germane gas; nitrous oxide; hydrofluoric acid; ammonia solution; acetone; liquid helium; xenon; krypton; sulfur hexafluoride; ethylene; carbon monoxide; ethylene oxide; methane; helium; difluoromethane; neon; tetrafluoromet… Read more
Guangdong Huate Gas Co Ltd (688268) - Net Assets
Latest net assets as of September 2025: CN¥2.06 Billion CNY
Based on the latest financial reports, Guangdong Huate Gas Co Ltd (688268) has net assets worth CN¥2.06 Billion CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.53 Billion) and total liabilities (CN¥1.48 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¥2.06 Billion |
| % of Total Assets | 58.16% |
| Annual Growth Rate | 18.51% |
| 5-Year Change | 57.49% |
| 10-Year Change | N/A |
| Growth Volatility | 33.5 |
Guangdong Huate Gas Co Ltd - Net Assets Trend (2015–2024)
This chart illustrates how Guangdong Huate Gas 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 Guangdong Huate Gas Co Ltd (2015–2024)
The table below shows the annual net assets of Guangdong Huate Gas Co Ltd from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.01 Billion | +7.25% |
| 2023-12-31 | CN¥1.87 Billion | +17.96% |
| 2022-12-31 | CN¥1.59 Billion | +14.39% |
| 2021-12-31 | CN¥1.39 Billion | +8.84% |
| 2020-12-31 | CN¥1.27 Billion | +6.52% |
| 2019-12-31 | CN¥1.20 Billion | +116.00% |
| 2018-12-31 | CN¥553.50 Million | +10.23% |
| 2017-12-31 | CN¥502.13 Million | +7.24% |
| 2016-12-31 | CN¥468.24 Million | +7.70% |
| 2015-12-31 | CN¥434.77 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Guangdong Huate Gas 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 562.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥826.27 Million | 42.38% |
| Common Stock | CN¥120.39 Million | 6.17% |
| Other Components | CN¥1.00 Billion | 51.45% |
| Total Equity | CN¥1.95 Billion | 100.00% |
Guangdong Huate Gas Co Ltd Competitors by Market Cap
The table below lists competitors of Guangdong Huate Gas Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bilia AB
LSE:0RQ2
|
$581.20 Million |
|
Cantaloupe Inc
NASDAQ:CTLP
|
$581.32 Million |
|
Nippon Pillar Packing Co., Ltd.
PINK:NLLRF
|
$581.70 Million |
|
ODDITY Tech Ltd. Class A Ordinary Shares
NASDAQ:ODD
|
$581.83 Million |
|
TUHU Car Inc.
F:L83
|
$581.10 Million |
|
Sats ASA
OL:SATS
|
$580.87 Million |
|
Palfinger AG
PINK:PLFRF
|
$580.72 Million |
|
Lexicon Pharmaceuticals Inc
NASDAQ:LXRX
|
$580.60 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Guangdong Huate Gas Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,824,886,289 to 1,949,871,938, a change of 124,985,649 (6.8%).
- Net income of 184,780,307 contributed positively to equity growth.
- Dividend payments of 72,076,376 reduced retained earnings.
- Share repurchases of 9,608,060 reduced equity.
- Other factors increased equity by 21,889,778.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥184.78 Million | +9.48% |
| Dividends Paid | CN¥72.08 Million | -3.7% |
| Share Repurchases | CN¥9.61 Million | -0.49% |
| Other Changes | CN¥21.89 Million | +1.12% |
| Total Change | CN¥- | 6.85% |
Book Value vs Market Value Analysis
This analysis compares Guangdong Huate Gas 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: 4.85x
- 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 16.47x to 4.85x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | CN¥4.78 | CN¥78.80 | x |
| 2016-12-31 | CN¥5.25 | CN¥78.80 | x |
| 2017-12-31 | CN¥5.59 | CN¥78.80 | x |
| 2018-12-31 | CN¥6.12 | CN¥78.80 | x |
| 2019-12-31 | CN¥9.96 | CN¥78.80 | x |
| 2020-12-31 | CN¥10.61 | CN¥78.80 | x |
| 2021-12-31 | CN¥11.52 | CN¥78.80 | x |
| 2022-12-31 | CN¥12.82 | CN¥78.80 | x |
| 2023-12-31 | CN¥15.25 | CN¥78.80 | x |
| 2024-12-31 | CN¥16.25 | CN¥78.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Guangdong Huate Gas 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): 9.48%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.25%
- • Asset Turnover: 0.42x
- • Equity Multiplier: 1.69x
- Recent ROE (9.48%) is below the historical average (9.81%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 11.92% | 7.41% | 1.20x | 1.34x | CN¥8.18 Million |
| 2016 | 8.19% | 5.84% | 0.98x | 1.43x | CN¥-8.45 Million |
| 2017 | 9.66% | 6.17% | 1.11x | 1.41x | CN¥-1.70 Million |
| 2018 | 12.26% | 8.30% | 1.09x | 1.36x | CN¥12.50 Million |
| 2019 | 6.07% | 8.60% | 0.59x | 1.19x | CN¥-46.96 Million |
| 2020 | 8.36% | 10.65% | 0.67x | 1.16x | CN¥-20.84 Million |
| 2021 | 9.36% | 9.60% | 0.76x | 1.28x | CN¥-8.89 Million |
| 2022 | 13.40% | 11.46% | 0.75x | 1.55x | CN¥52.44 Million |
| 2023 | 9.38% | 11.41% | 0.47x | 1.73x | CN¥-11.37 Million |
| 2024 | 9.48% | 13.25% | 0.42x | 1.69x | CN¥-10.21 Million |
Industry Comparison
This section compares Guangdong Huate Gas Co Ltd's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $1,775,158,628
- Average return on equity (ROE) among peers: -19.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Guangdong Huate Gas Co Ltd (688268) | CN¥2.06 Billion | 11.92% | 0.72x | $581.15 Million |
| Chongqing Sanxia Paints Co Ltd (000565) | $390.80 Million | 1.64% | 0.47x | $289.82 Million |
| Hengyi Petrochemical Co Ltd (000703) | $246.42 Million | -7.64% | 1.62x | $1.44 Billion |
| Guangdong Xinhui Meida Nylon Co Ltd (000782) | $472.56 Million | 10.49% | 1.13x | $361.89 Million |
| Luxi Chemical Group Co Ltd (000830) | $120.60 Million | 41.32% | 1.30x | $2.28 Billion |
| China Minmetals Rare Earth Co Ltd (000831) | $234.51 Million | -303.65% | 8.65x | $5.40 Billion |
| Anhui Guofeng Plastic Industry Co Ltd (000859) | $2.70 Billion | 10.47% | 0.21x | $884.45 Million |
| Cofco Biochemical Anhui Co Ltd (000930) | $11.76 Billion | 9.61% | 0.54x | $815.97 Million |
| Shandong Link Science and Technology Co Ltd (001207) | $441.43 Million | 14.99% | 1.14x | $330.19 Million |
| Zhejiang Bofay Elec Co Ltd (001255) | $742.80 Million | 1.78% | 0.61x | $169.49 Million |
| Guangdong Decro Film New (001378) | $647.89 Million | 29.53% | 0.22x | $241.78 Million |