Hangzhou Hopechart Iot Technology (688288) - Net Assets
Based on the latest financial reports, Hangzhou Hopechart Iot Technology (688288) has net assets worth CN¥751.85 Million CNY (≈ $110.02 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¥1.23 Billion ≈ $180.67 Million USD) and total liabilities (CN¥482.82 Million ≈ $70.65 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. Check Hangzhou Hopechart Iot Technology (688288) strategic investment index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥751.85 Million |
| % of Total Assets | 60.89% |
| Annual Growth Rate | 26.36% |
| 5-Year Change | -17.44% |
| 10-Year Change | N/A |
| Growth Volatility | 75.97 |
Hangzhou Hopechart Iot Technology - Net Assets Trend (2016–2025)
This chart illustrates how Hangzhou Hopechart Iot Technology's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Hangzhou Hopechart Iot Technology (688288) total market value.
Annual Net Assets for Hangzhou Hopechart Iot Technology (2016–2025)
The table below shows the annual net assets of Hangzhou Hopechart Iot Technology from 2016 to 2025. Also explore 688288 year-over-year net asset growth to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥757.47 Million ≈ $110.84 Million |
+4.24% |
| 2024-12-31 | CN¥726.64 Million ≈ $106.33 Million |
-2.83% |
| 2023-12-31 | CN¥747.80 Million ≈ $109.43 Million |
-7.29% |
| 2022-12-31 | CN¥806.57 Million ≈ $118.03 Million |
-12.09% |
| 2021-12-31 | CN¥917.51 Million ≈ $134.26 Million |
+0.05% |
| 2020-12-31 | CN¥917.03 Million ≈ $134.19 Million |
+8.07% |
| 2019-12-31 | CN¥848.56 Million ≈ $124.17 Million |
+238.16% |
| 2018-12-31 | CN¥250.93 Million ≈ $36.72 Million |
+83.97% |
| 2017-12-31 | CN¥136.40 Million ≈ $19.96 Million |
+47.82% |
| 2016-12-31 | CN¥92.27 Million ≈ $13.50 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Hangzhou Hopechart Iot Technology'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 decreased by 142.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥776.76 Million | 102.68% |
| Total Equity | CN¥756.49 Million | 100.00% |
Hangzhou Hopechart Iot Technology Competitors by Market Cap
The table below lists competitors of Hangzhou Hopechart Iot Technology ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Franklin Financial Services Corp
NASDAQ:FRAF
|
$262.84 Million |
|
Odfjell Technology Ltd
OL:OTL
|
$262.87 Million |
|
Xinjiang Youhao Group Co Ltd
SHG:600778
|
$263.00 Million |
|
Empresas Gasco S.A
SN:GASCO
|
$263.03 Million |
|
Mark Dynamics Indonesia Tbk PT
JK:MARK
|
$262.74 Million |
|
Talon Capital Corp. Class A Ordinary Shares
NASDAQ:TLNC
|
$262.70 Million |
|
Ningbo GQY Video Telecom
SHE:300076
|
$262.45 Million |
|
Bonduelle S.C.A.
PA:BON
|
$262.44 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hangzhou Hopechart Iot Technology's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 726,211,389 to 756,486,814, a change of 30,275,425 (4.2%).
- Net income of 29,425,900 contributed positively to equity growth.
- Dividend payments of 4,672,767 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥29.43 Million | +3.89% |
| Dividends Paid | CN¥4.67 Million | -0.62% |
| Other Changes | CN¥5.52 Million | +0.73% |
| Total Change | CN¥- | 4.17% |
Book Value vs Market Value Analysis
This analysis compares Hangzhou Hopechart Iot Technology'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: 2.41x
- 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 13.31x to 2.41x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | CN¥1.35 | CN¥17.99 | x |
| 2017-12-31 | CN¥2.00 | CN¥17.99 | x |
| 2018-12-31 | CN¥3.38 | CN¥17.99 | x |
| 2019-12-31 | CN¥10.72 | CN¥17.99 | x |
| 2020-12-31 | CN¥9.14 | CN¥17.99 | x |
| 2021-12-31 | CN¥9.27 | CN¥17.99 | x |
| 2022-12-31 | CN¥8.06 | CN¥17.99 | x |
| 2023-12-31 | CN¥7.40 | CN¥17.99 | x |
| 2024-12-31 | CN¥7.40 | CN¥17.99 | x |
| 2025-12-31 | CN¥7.46 | CN¥17.99 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hangzhou Hopechart Iot Technology 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): 3.89%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.22%
- • Asset Turnover: 0.58x
- • Equity Multiplier: 1.58x
- Recent ROE (3.89%) is below the historical average (9.46%), 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 | 35.03% | 21.24% | 0.92x | 1.80x | CN¥23.09 Million |
| 2017 | 35.04% | 17.66% | 1.07x | 1.86x | CN¥34.16 Million |
| 2018 | 22.76% | 23.04% | 0.81x | 1.22x | CN¥32.03 Million |
| 2019 | 8.21% | 22.25% | 0.32x | 1.14x | CN¥-15.17 Million |
| 2020 | 9.63% | 19.36% | 0.40x | 1.24x | CN¥-3.40 Million |
| 2021 | 3.24% | 7.29% | 0.36x | 1.22x | CN¥-61.78 Million |
| 2022 | -13.15% | -44.24% | 0.24x | 1.22x | CN¥-186.68 Million |
| 2023 | -9.59% | -17.49% | 0.40x | 1.37x | CN¥-146.24 Million |
| 2024 | -0.41% | -0.56% | 0.49x | 1.47x | CN¥-75.57 Million |
| 2025 | 3.89% | 4.22% | 0.58x | 1.58x | CN¥-46.22 Million |
Industry Comparison
This section compares Hangzhou Hopechart Iot Technology's net assets metrics with peer companies in the Scientific & Technical Instruments industry.
Industry Context
- Industry: Scientific & Technical Instruments
- Average net assets among peers: $1,906,844,573
- Average return on equity (ROE) among peers: -108.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hangzhou Hopechart Iot Technology (688288) | CN¥751.85 Million | 35.03% | 0.64x | $262.76 Million |
| Beijing BDStar Navigation Co Ltd (002151) | $64.03 Million | 37.36% | 0.85x | $2.29 Billion |
| Oriental Times Media Corp (002175) | $88.05 Million | -1156.14% | 12.07x | $472.69 Million |
| Changchun UP Optotech Co Ltd (002338) | $824.44 Million | 7.12% | 0.17x | $1.50 Billion |
| Nanjing Sciyon Automation Group Co Ltd (002380) | $875.27 Million | 4.78% | 0.09x | $942.58 Million |
| Beijing UniStrong Science & Technology Co Ltd (002383) | $1.52 Billion | 2.92% | 0.10x | $862.37 Million |
| Jiangsu Changfa Refrigeration Co Ltd (002413) | $3.29 Billion | -2.64% | 0.57x | $1.59 Billion |
| Wuhan Guide Infrared Co Ltd (002414) | $7.12 Billion | 7.05% | 0.25x | $7.77 Billion |
| Shenzhen Jieshun Science and Technology Industry Co Ltd (002609) | $2.05 Billion | 4.61% | 0.25x | $718.41 Million |
| Beijing SDL Technology Co Ltd (002658) | $2.67 Billion | 7.60% | 0.18x | $684.71 Million |
| Shenzhen Soling Industrial Co Ltd (002766) | $557.68 Million | 1.40% | 8.96x | $507.06 Million |
About Hangzhou Hopechart Iot Technology
Hangzhou Hopechart IoT Technology Co.,Ltd engages in the development, production, and sale of driving systems and advanced driver assistance systems (ADAS) in the People's Republic of China. The company offers intelligent network products, including intelligent driving systems and vehicle networking terminals; hardware, such as various types of driving recorders and T-BOX, sensors; and ADAS and o… Read more