Zhejiang He Chuan Technology Corp. Ltd. A (688320) - Net Assets
Based on the latest financial reports, Zhejiang He Chuan Technology Corp. Ltd. A (688320) has net assets worth CN¥1.30 Billion CNY (≈ $189.57 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.08 Billion ≈ $305.08 Million USD) and total liabilities (CN¥789.33 Million ≈ $115.50 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. See 688320 net asset quality index to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.30 Billion |
| % of Total Assets | 62.14% |
| Annual Growth Rate | 27.99% |
| 5-Year Change | 152.67% |
| 10-Year Change | N/A |
| Growth Volatility | 55.37 |
Zhejiang He Chuan Technology Corp. Ltd. A - Net Assets Trend (2019–2024)
This chart illustrates how Zhejiang He Chuan Technology Corp. Ltd. A's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Zhejiang He Chuan Technology Corp. Ltd. market cap and net worth.
Annual Net Assets for Zhejiang He Chuan Technology Corp. Ltd. A (2019–2024)
The table below shows the annual net assets of Zhejiang He Chuan Technology Corp. Ltd. A from 2019 to 2024. Also explore 688320 shareholders equity momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.31 Billion ≈ $191.71 Million |
-16.26% |
| 2023-12-31 | CN¥1.56 Billion ≈ $228.95 Million |
+1.99% |
| 2022-12-31 | CN¥1.53 Billion ≈ $224.48 Million |
+142.11% |
| 2021-12-31 | CN¥633.62 Million ≈ $92.72 Million |
+22.20% |
| 2020-12-31 | CN¥518.51 Million ≈ $75.87 Million |
+35.98% |
| 2019-12-31 | CN¥381.31 Million ≈ $55.80 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Zhejiang He Chuan Technology Corp. 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 97.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥233.54 Million | 17.73% |
| Other Components | CN¥1.08 Billion | 82.27% |
| Total Equity | CN¥1.32 Billion | 100.00% |
Zhejiang He Chuan Technology Corp. Ltd. A Competitors by Market Cap
The table below lists competitors of Zhejiang He Chuan Technology Corp. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sichuan Jiuyuan Yinhai Software Co Ltd
SHE:002777
|
$742.53 Million |
|
Sinodata Co Ltd
SHE:002657
|
$742.92 Million |
|
MidCap Financial Investment Corporation
NASDAQ:MFIC
|
$743.00 Million |
|
V V Food & Beverage Co Ltd
SHG:600300
|
$743.05 Million |
|
Ferrari Group PLC
AS:FERGR
|
$742.27 Million |
|
Zhejiang Whyis Technology Co.Ltd.
SHE:301218
|
$742.10 Million |
|
Harvia Oyj
HE:HARVIA
|
$742.01 Million |
|
Zhejiang Jiaao Enprotech
SHG:603822
|
$741.97 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhejiang He Chuan Technology Corp. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,568,729,125 to 1,317,108,192, a change of -251,620,934 (-16.0%).
- Net loss of 165,094,424 reduced equity.
- Dividend payments of 22,512,162 reduced retained earnings.
- Other factors decreased equity by 64,014,347.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-165.09 Million | -12.53% |
| Dividends Paid | CN¥22.51 Million | -1.71% |
| Other Changes | CN¥-64.01 Million | -4.86% |
| Total Change | CN¥- | -16.04% |
Book Value vs Market Value Analysis
This analysis compares Zhejiang He Chuan Technology Corp. 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: 3.85x
- 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 9.68x to 3.85x 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¥3.47 | CN¥33.60 | x |
| 2020-12-31 | CN¥4.57 | CN¥33.60 | x |
| 2021-12-31 | CN¥5.60 | CN¥33.60 | x |
| 2022-12-31 | CN¥10.18 | CN¥33.60 | x |
| 2023-12-31 | CN¥10.39 | CN¥33.60 | x |
| 2024-12-31 | CN¥8.72 | CN¥33.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhejiang He Chuan Technology Corp. 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): -12.53%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -20.37%
- • Asset Turnover: 0.41x
- • Equity Multiplier: 1.50x
- Recent ROE (-12.53%) is below the historical average (7.87%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 12.49% | 15.22% | 0.64x | 1.29x | CN¥9.48 Million |
| 2020 | 20.63% | 19.64% | 0.70x | 1.51x | CN¥55.05 Million |
| 2021 | 17.35% | 14.64% | 0.77x | 1.53x | CN¥46.62 Million |
| 2022 | 5.88% | 9.57% | 0.45x | 1.38x | CN¥-63.31 Million |
| 2023 | 3.41% | 4.80% | 0.52x | 1.37x | CN¥-103.32 Million |
| 2024 | -12.53% | -20.37% | 0.41x | 1.50x | CN¥-296.81 Million |
Industry Comparison
This section compares Zhejiang He Chuan Technology Corp. Ltd. A's net assets metrics with peer companies in the Computer Hardware industry.
Industry Context
- Industry: Computer Hardware
- Average net assets among peers: $1,433,648,049
- Average return on equity (ROE) among peers: 13.63%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang He Chuan Technology Corp. Ltd. A (688320) | CN¥1.30 Billion | 12.49% | 0.61x | $742.49 Million |
| Shenzhen Kaifa Technology Co Ltd (000021) | $2.51 Billion | 8.88% | 0.75x | $8.51 Billion |
| China Greatwall Computer Shenzhen Co Ltd (000066) | $153.84 Million | 39.79% | 2.32x | $6.67 Billion |
| TPV Technology Co Ltd (000727) | $543.47 Million | 4.37% | 1.00x | $1.48 Billion |
| Inspur Electronic Info Industr (000977) | $1.30 Billion | 2.25% | 0.32x | $15.48 Billion |
| Ninestar Corp (002180) | $354.69 Million | 7.66% | 0.12x | $3.35 Billion |
| Costar Group Co Ltd (002189) | $150.95 Million | 17.03% | 1.60x | $739.59 Million |
| Hangzhou Hikvision Digital Technology Co Ltd (002415) | $1.50 Billion | 47.12% | 0.47x | $44.18 Billion |
| Shenzhen Rapoo Technology (002577) | $1.17 Billion | 0.69% | 0.12x | $899.51 Million |
| Suzhou Anjie Technology Co Ltd (002635) | $5.78 Billion | 3.44% | 0.35x | $1.44 Billion |
| Netac Tech (300042) | $878.09 Million | 5.06% | 0.05x | $1.18 Billion |
About Zhejiang He Chuan Technology Corp. Ltd. A
Zhejiang Hechuan Technology Co., Ltd. engages in the research and development, production, sale, and application integration of industrial automation products in China and internationally. The company offers control technology, such as PLC, PAC, HMI, and IO SYS; motion control, including servo drive and motors; VFDS industrial transmissions; joint actuator and motor humanoid robot; photovoltaic a… Read more