Beijing SinoHytec Co. Ltd. A (688339) - Net Assets
Based on the latest financial reports, Beijing SinoHytec Co. Ltd. A (688339) has net assets worth CN¥2.64 Billion CNY (≈ $386.79 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¥4.25 Billion ≈ $622.50 Million USD) and total liabilities (CN¥1.61 Billion ≈ $235.71 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 asset resilience ratio of Beijing SinoHytec Co. Ltd. A to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.64 Billion |
| % of Total Assets | 62.13% |
| Annual Growth Rate | 19.92% |
| 5-Year Change | 17.44% |
| 10-Year Change | N/A |
| Growth Volatility | 44.92 |
Beijing SinoHytec Co. Ltd. A - Net Assets Trend (2019–2024)
This chart illustrates how Beijing SinoHytec Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Beijing SinoHytec Co. Ltd. A for the complete picture of this company's asset base.
Annual Net Assets for Beijing SinoHytec Co. Ltd. A (2019–2024)
The table below shows the annual net assets of Beijing SinoHytec Co. Ltd. A from 2019 to 2024. For live valuation and market cap data, see market value of Beijing SinoHytec Co. Ltd. A.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.84 Billion ≈ $416.07 Million |
-16.55% |
| 2023-12-31 | CN¥3.41 Billion ≈ $498.57 Million |
+24.17% |
| 2022-12-31 | CN¥2.74 Billion ≈ $401.52 Million |
-5.15% |
| 2021-12-31 | CN¥2.89 Billion ≈ $423.32 Million |
+19.48% |
| 2020-12-31 | CN¥2.42 Billion ≈ $354.29 Million |
+111.23% |
| 2019-12-31 | CN¥1.15 Billion ≈ $167.73 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Beijing SinoHytec 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 decreased by 968.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥3.51 Billion | 136.87% |
| Total Equity | CN¥2.56 Billion | 100.00% |
Beijing SinoHytec Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Beijing SinoHytec Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Clairvest Group Inc.
TO:CVG
|
$752.07 Million |
|
SZZT Electronics Co Ltd
SHE:002197
|
$752.47 Million |
|
Jiujiang Shanshui Technology Co.Ltd
SHE:301190
|
$753.17 Million |
|
USIMINAS PFD ADR/10000
F:U1S0
|
$753.29 Million |
|
Alpha and Omega Semiconductor Ltd
NASDAQ:AOSL
|
$752.06 Million |
|
Sejin Heavy Industries Co Ltd
KO:075580
|
$752.03 Million |
|
Zhejiang Tianzhen Technology Co. Ltd. A
SHE:301356
|
$751.94 Million |
|
Anhui Coreach Technology Co Ltd
SHE:002983
|
$751.79 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Beijing SinoHytec Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,044,850,300 to 2,561,032,869, a change of -483,817,431 (-15.9%).
- Net loss of 456,432,854 reduced equity.
- Dividend payments of 20,328,087 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-456.43 Million | -17.82% |
| Dividends Paid | CN¥20.33 Million | -0.79% |
| Other Changes | CN¥-7.06 Million | -0.28% |
| Total Change | CN¥- | -15.89% |
Book Value vs Market Value Analysis
This analysis compares Beijing SinoHytec 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: 2.37x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.84x to 2.37x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | CN¥14.25 | CN¥26.25 | x |
| 2020-12-31 | CN¥11.75 | CN¥26.25 | x |
| 2021-12-31 | CN¥12.78 | CN¥26.25 | x |
| 2022-12-31 | CN¥11.96 | CN¥26.25 | x |
| 2023-12-31 | CN¥13.14 | CN¥26.25 | x |
| 2024-12-31 | CN¥11.06 | CN¥26.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Beijing SinoHytec 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): -17.82%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -124.48%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 1.87x
- Recent ROE (-17.82%) is below the historical average (-5.72%), 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 | 6.06% | 11.55% | 0.33x | 1.60x | CN¥-41.58 Million |
| 2020 | -0.99% | -3.94% | 0.19x | 1.35x | CN¥-249.90 Million |
| 2021 | -6.47% | -25.73% | 0.17x | 1.45x | CN¥-412.19 Million |
| 2022 | -7.12% | -22.59% | 0.20x | 1.62x | CN¥-400.94 Million |
| 2023 | -7.99% | -30.37% | 0.16x | 1.62x | CN¥-547.69 Million |
| 2024 | -17.82% | -124.48% | 0.08x | 1.87x | CN¥-712.54 Million |
Industry Comparison
This section compares Beijing SinoHytec Co. Ltd. A's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $2,881,043,646
- Average return on equity (ROE) among peers: 9.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Beijing SinoHytec Co. Ltd. A (688339) | CN¥2.64 Billion | 6.06% | 0.61x | $752.06 Million |
| FAWER Automotive Parts Ltd Co (000030) | $149.16 Million | 41.73% | 4.63x | $1.25 Billion |
| Wanxiang Qianchao Co Ltd (000559) | $8.78 Billion | 7.81% | 0.91x | $8.06 Billion |
| Weifu High-Technology Group Co Ltd (000581) | $15.35 Billion | 16.75% | 0.32x | $2.30 Billion |
| Gui Zhou Tyre Co Ltd (000589) | $36.86 Million | 0.00% | 2.57x | $1.14 Billion |
| Qingdao Doublestar Co Ltd (000599) | $2.50 Billion | 2.32% | 1.02x | $718.30 Million |
| Hengli Industrial Development Group Co Ltd (000622) | $214.90 Million | 5.52% | 0.47x | $9.33 Million |
| Xiangyang Automobile Bearing Co Ltd (000678) | $319.83 Million | -26.00% | 1.36x | $793.62 Million |
| Jiangnan Mould & Plastic Technology Co Ltd (000700) | $436.87 Million | 11.97% | 0.48x | $1.66 Billion |
| Sichuan Haowu Electromechanical Co Ltd (000757) | $498.43 Million | 3.21% | 1.20x | $381.97 Million |
| Anhui Zhongding Sealing Parts Co Ltd (000887) | $515.59 Million | 31.51% | 1.08x | $3.42 Billion |
About Beijing SinoHytec Co. Ltd. A
Beijing SinoHytec Co., Ltd., together with its subsidiaries, engages in the research and development, production, and industrial application of hydrogen fuel cell engine systems and core components in Mainland China and internationally. The company is involved in the research and development, and manufacturing of hydrogen fuel cell systems and related technology development and technical services… Read more