Hangzhou Hopechart Iot Technology (688288) - Net Assets

Latest as of September 2025: CN¥774.84 Million CNY ≈ $113.38 Million USD

Based on the latest financial reports, Hangzhou Hopechart Iot Technology (688288) has net assets worth CN¥774.84 Million CNY (≈ $113.38 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.17 Billion ≈ $171.20 Million USD) and total liabilities (CN¥395.13 Million ≈ $57.82 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) tangible net worth to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥774.84 Million
% of Total Assets	66.23%
Annual Growth Rate	29.43%
5-Year Change	-20.76%
10-Year Change	N/A
Growth Volatility	79.45

Hangzhou Hopechart Iot Technology - Net Assets Trend (2016–2024)

This chart illustrates how Hangzhou Hopechart Iot Technology's net assets have evolved over time, based on quarterly financial data. See Hangzhou Hopechart Iot Technology (688288) liquidity interval to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Hangzhou Hopechart Iot Technology (2016–2024)

The table below shows the annual net assets of Hangzhou Hopechart Iot Technology from 2016 to 2024. For live valuation and market cap data, see 688288 stock market capitalisation.

Year	Net Assets	Change
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 197.8% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Common Stock	CN¥100.64 Million	13.86%
Other Components	CN¥672.54 Million	92.61%
Total Equity	CN¥726.21 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
Lagenda Properties Bhd KLSE:7179	$286.32 Million
Zhejiang Benli Technology Co. Ltd. SHE:301065	$286.39 Million
Chia Hsin Cement Corp TW:1103	$286.41 Million
Akebia Ther NASDAQ:AKBA	$286.63 Million
BlackRock Municipal Income Quality Closed Fund NYSE:BYM	$286.23 Million
Oak Valley Bancorp NASDAQ:OVLY	$286.14 Million
BlackRock TCP Capital Corp NASDAQ:TCPC	$286.11 Million
Kina Securities Ltd AU:KSL	$286.06 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 2023 to 2024, total equity changed from 746,375,369 to 726,211,389, a change of -20,163,980 (-2.7%).
Net loss of 2,944,087 reduced equity.
Dividend payments of 5,386,174 reduced retained earnings.
Other factors decreased equity by 11,833,719.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥-2.94 Million	-0.41%
Dividends Paid	CN¥5.39 Million	-0.74%
Other Changes	CN¥-11.83 Million	-1.63%
Total Change	CN¥-	-2.70%

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: 2.35x
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 14.50x to 2.35x 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¥19.60	x
2017-12-31	CN¥2.00	CN¥19.60	x
2018-12-31	CN¥3.38	CN¥19.60	x
2019-12-31	CN¥8.49	CN¥19.60	x
2020-12-31	CN¥9.17	CN¥19.60	x
2021-12-31	CN¥9.10	CN¥19.60	x
2022-12-31	CN¥8.04	CN¥19.60	x
2023-12-31	CN¥7.40	CN¥19.60	x
2024-12-31	CN¥8.34	CN¥19.60	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): -0.41%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -0.56%
• Asset Turnover: 0.49x
• Equity Multiplier: 1.47x
Recent ROE (-0.41%) is below the historical average (10.04%), 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	-13.56%	-45.61%	0.24x	1.22x	CN¥-189.96 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

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: $1,232,018,095
Average return on equity (ROE) among peers: 17.76%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Hangzhou Hopechart Iot Technology (688288)	CN¥774.84 Million	35.03%	0.51x	$286.28 Million
Beijing BDStar Navigation Co Ltd (002151)	$2.78 Billion	1.82%	0.36x	$2.65 Billion
Oriental Times Media Corp (002175)	$170.73 Million	89.68%	2.88x	$383.01 Million
Changchun UP Optotech Co Ltd (002338)	$1.05 Billion	4.44%	0.14x	$1.90 Billion
Nanjing Sciyon Automation Group Co Ltd (002380)	$949.47 Million	4.48%	0.18x	$1.35 Billion
Beijing UniStrong Science & Technology Co Ltd (002383)	$1.95 Billion	24.54%	0.94x	$768.12 Million
Jiangsu Changfa Refrigeration Co Ltd (002413)	$1.19 Billion	4.06%	0.24x	$1.98 Billion
Wuhan Guide Infrared Co Ltd (002414)	$3.30 Billion	1.77%	0.25x	$8.54 Billion
Shenzhen Jieshun Science and Technology Industry Co Ltd (002609)	$148.43 Million	21.43%	0.59x	$697.69 Million
Beijing SDL Technology Co Ltd (002658)	$257.76 Million	13.37%	0.41x	$736.81 Million
Shenzhen Soling Industrial Co Ltd (002766)	$520.86 Million	11.95%	0.90x	$486.93 Million

About Hangzhou Hopechart Iot Technology

SHG:688288 China Scientific & Technical Instruments

Market Cap

$286.28 Million

CN¥1.96 Billion CNY

Market Cap Rank

#15160 Global

#4479 in China

Share Price

CN¥19.60

Change (1 day)

-2.39%

52-Week Range

CN¥19.35 - CN¥32.44

All Time High

CN¥62.29