Shaanxi Huaqin Technology Industry Co. Ltd. A

SHG:688281 China Aerospace & Defense
Market Cap
$3.02 Billion
CN¥22.19 Billion CNY
Market Cap Rank
#6582 Global
#1016 in China
Share Price
CN¥81.40
Change (1 day)
-3.10%
52-Week Range
CN¥54.00 - CN¥109.58
All Time High
CN¥158.66
About

Shaanxi Huaqin Technology Industry Co.,Ltd. engages in the research and development, production, and sale of special functional materials. The company was founded in 1992 and is based in Xi'an, China.

Shaanxi Huaqin Technology Industry Co. Ltd. A (688281) - Net Assets

Latest net assets as of June 2025: CN¥4.86 Billion CNY

Based on the latest financial reports, Shaanxi Huaqin Technology Industry Co. Ltd. A (688281) has net assets worth CN¥4.86 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¥6.52 Billion) and total liabilities (CN¥1.66 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¥4.86 Billion
% of Total Assets 74.48%
Annual Growth Rate 104.95%
5-Year Change 1443.59%
10-Year Change N/A
Growth Volatility 229.82

Shaanxi Huaqin Technology Industry Co. Ltd. A - Net Assets Trend (2019–2024)

This chart illustrates how Shaanxi Huaqin Technology Industry 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 Shaanxi Huaqin Technology Industry Co. Ltd. A (2019–2024)

The table below shows the annual net assets of Shaanxi Huaqin Technology Industry Co. Ltd. A from 2019 to 2024.

Year Net Assets Change
2024-12-31 CN¥4.67 Billion +8.46%
2023-12-31 CN¥4.31 Billion +11.58%
2022-12-31 CN¥3.86 Billion +620.56%
2021-12-31 CN¥535.94 Million +77.01%
2020-12-31 CN¥302.77 Million +134.59%
2019-12-31 CN¥129.06 Million --

Equity Component Analysis

This analysis shows how different components contribute to Shaanxi Huaqin Technology Industry 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 131030859328.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥1.22 Billion 26.67%
Other Components CN¥3.35 Billion 73.33%
Total Equity CN¥4.57 Billion 100.00%

Shaanxi Huaqin Technology Industry Co. Ltd. A Competitors by Market Cap

The table below lists competitors of Shaanxi Huaqin Technology Industry Co. Ltd. A ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Shaanxi Huaqin Technology Industry Co. Ltd. A's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 4,202,613,669 to 4,572,914,632, a change of 370,300,962 (8.8%).
  • Net income of 413,922,409 contributed positively to equity growth.
  • Dividend payments of 57,474,915 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥413.92 Million +9.05%
Dividends Paid CN¥57.47 Million -1.26%
Other Changes CN¥13.85 Million +0.3%
Total Change CN¥- 8.81%

Book Value vs Market Value Analysis

This analysis compares Shaanxi Huaqin Technology Industry 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: 3.47x
  • 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 44.15x to 3.47x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2019-12-31 CN¥1.84 CN¥81.40 x
2020-12-31 CN¥2.07 CN¥81.40 x
2021-12-31 CN¥2.62 CN¥81.40 x
2022-12-31 CN¥13.96 CN¥81.40 x
2023-12-31 CN¥15.42 CN¥81.40 x
2024-12-31 CN¥23.49 CN¥81.40 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shaanxi Huaqin Technology Industry 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): 9.05%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 36.33%
  • • Asset Turnover: 0.19x
  • • Equity Multiplier: 1.32x
  • Recent ROE (9.05%) is above the historical average (6.44%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2019 -81.81% -90.42% 0.39x 2.33x CN¥-118.49 Million
2020 51.13% 37.41% 0.73x 1.86x CN¥124.54 Million
2021 43.51% 45.55% 0.67x 1.43x CN¥179.58 Million
2022 8.76% 49.59% 0.16x 1.11x CN¥-47.01 Million
2023 7.97% 36.52% 0.18x 1.23x CN¥-85.25 Million
2024 9.05% 36.33% 0.19x 1.32x CN¥-43.37 Million

Industry Comparison

This section compares Shaanxi Huaqin Technology Industry Co. Ltd. A's net assets metrics with peer companies in the Aerospace & Defense industry.

Industry Context

  • Industry: Aerospace & Defense
  • Average net assets among peers: $1,905,739,972
  • Average return on equity (ROE) among peers: 11.22%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shaanxi Huaqin Technology Industry Co. Ltd. A (688281) CN¥4.86 Billion -81.81% 0.34x $1.20 Billion
Shaanxi Ligeance Mineral Resources Co Ltd (000697) $102.23 Million 20.95% 1.61x $576.57 Million
Aecc Aero Engine Control Co Ltd (000738) $5.67 Billion 4.58% 0.28x $1.93 Billion
Zhejiang XiaSha Precision (001316) $476.25 Million 27.15% 0.22x $218.15 Million
Sichuan Haite High-tech Co Ltd (002023) $175.19 Million 19.07% 0.67x $850.82 Million
Aerospace CH UAV Co Ltd (002389) $6.37 Billion 3.80% 0.25x $1.81 Billion
Kuang Chi Technologies Co Ltd (002625) $602.65 Million 10.94% 0.23x $8.62 Billion
Beijing Emerging Eastern Aviation Equipment Co Ltd Class A (002933) $1.43 Billion -4.03% 0.22x $429.19 Million
Beijing Bei Mo Gao Ke Friction Mate (002985) $910.30 Million 16.48% 0.19x $833.21 Million
Shaanxi Zhongtian Rocket Technology  (003009) $421.86 Million 7.68% 1.25x $416.06 Million
Bestway Marine & Energy Technology Co Ltd (300008) $2.90 Billion 5.59% 0.31x $1.63 Billion