Guangzhou Hexin Instrument Co Ltd Net Assets
Guangzhou Hexin Instrument Co Ltd net assets. Based on the latest financial reports, Guangzhou Hexin Instrument Co Ltd (688622) has net assets worth CN¥363.00 Million CNY (≈ $53.12 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¥827.96 Million ≈ $121.16 Million USD) and total liabilities (CN¥464.96 Million ≈ $68.04 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. Also explore how fast is Guangzhou Hexin Instrument Co Ltd growing its equity to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥363.00 Million |
| % of Total Assets | 43.84% |
| Annual Growth Rate | 18.12% |
| 5-Year Change | 46.89% |
| 10-Year Change | N/A |
| Growth Volatility | 48.33 |
Net Assets of Guangzhou Hexin Instrument Co Ltd (2016–2024)
Net assets of Guangzhou Hexin Instrument Co Ltd from 2016 to 2024. This chart illustrates how Guangzhou Hexin Instrument Co Ltd's net assets have evolved over time, based on quarterly financial data. See 688622 equity financing ratio to measure how much of total assets are equity-financed.
Annual Net Assets for Guangzhou Hexin Instrument Co Ltd (2016–2024)
The table below shows the annual net assets of Guangzhou Hexin Instrument Co Ltd from 2016 to 2024. For live market cap and overall valuation, see Guangzhou Hexin Instrument Co Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥362.12 Million ≈ $52.99 Million |
-13.30% |
| 2023-12-31 | CN¥417.69 Million ≈ $61.12 Million |
-18.20% |
| 2022-12-31 | CN¥510.64 Million ≈ $74.72 Million |
-13.93% |
| 2021-12-31 | CN¥593.28 Million ≈ $86.82 Million |
+140.66% |
| 2020-12-31 | CN¥246.52 Million ≈ $36.07 Million |
+39.39% |
| 2019-12-31 | CN¥176.86 Million ≈ $25.88 Million |
+35.72% |
| 2018-12-31 | CN¥130.31 Million ≈ $19.07 Million |
+17.90% |
| 2017-12-31 | CN¥110.53 Million ≈ $16.17 Million |
+15.65% |
| 2016-12-31 | CN¥95.57 Million ≈ $13.99 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Guangzhou Hexin Instrument Co Ltd'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 58.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Guangzhou Hexin Instrument Co Ltd Net Assets Breakdown (December 2024)
Guangzhou Hexin Instrument Co Ltd net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥16.63 Million | 4.33% |
| Other Components | CN¥367.65 Million | 95.67% |
| Total Equity | CN¥384.28 Million | 100.00% |
Guangzhou Hexin Instrument Co Ltd Competitors by Market Cap
The table below lists competitors of Guangzhou Hexin Instrument Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hartalega Holdings Bhd
KLSE:5168
|
$1.09 Billion |
|
Beijing Urban Rural Commercial Group Co Ltd
SHG:600861
|
$1.09 Billion |
|
Beijing Strong Biotechnologies Inc
SHE:300406
|
$1.09 Billion |
|
Shenzhen United Winners Laser Co Ltd
SHG:688518
|
$1.09 Billion |
|
Innovative Medical Management Co Ltd
SHE:002173
|
$1.09 Billion |
|
Elbit Systems Ltd
TA:ESLT
|
$1.09 Billion |
|
AXWAY SOFTWARE EO 2
F:1XV
|
$1.09 Billion |
|
Qingdao Port International Co. Ltd
F:0QP
|
$1.09 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Guangzhou Hexin Instrument Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 435,255,984 to 384,281,897, a change of -50,974,088 (-11.7%).
- Net loss of 45,990,943 reduced equity.
- Dividend payments of 11,493,531 reduced retained earnings.
- Other factors increased equity by 6,510,386.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-45.99 Million | -11.97% |
| Dividends Paid | CN¥11.49 Million | -2.99% |
| Other Changes | CN¥6.51 Million | +1.69% |
| Total Change | CN¥- | -11.71% |
Book Value vs Market Value Analysis
This analysis compares Guangzhou Hexin Instrument Co Ltd'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: 19.19x
- 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 57.45x to 19.19x 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¥1.83 | CN¥105.34 | x |
| 2019-12-31 | CN¥3.41 | CN¥105.34 | x |
| 2020-12-31 | CN¥4.76 | CN¥105.34 | x |
| 2021-12-31 | CN¥10.63 | CN¥105.34 | x |
| 2022-12-31 | CN¥7.54 | CN¥105.34 | x |
| 2023-12-31 | CN¥6.22 | CN¥105.34 | x |
| 2024-12-31 | CN¥5.49 | CN¥105.34 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Guangzhou Hexin Instrument Co Ltd 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): -11.97%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -22.71%
- • Asset Turnover: 0.23x
- • Equity Multiplier: 2.28x
- Recent ROE (-11.97%) is below the historical average (7.82%), 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 | 22.36% | 23.30% | 0.58x | 1.65x | CN¥11.81 Million |
| 2017 | 13.95% | 16.67% | 0.49x | 1.70x | CN¥4.36 Million |
| 2018 | 15.27% | 16.06% | 0.54x | 1.76x | CN¥6.91 Million |
| 2019 | 25.97% | 21.14% | 0.62x | 1.98x | CN¥28.58 Million |
| 2020 | 27.71% | 22.24% | 0.57x | 2.19x | CN¥44.39 Million |
| 2021 | 12.98% | 16.93% | 0.50x | 1.54x | CN¥18.06 Million |
| 2022 | -13.83% | -26.18% | 0.29x | 1.83x | CN¥-126.43 Million |
| 2023 | -22.08% | -26.25% | 0.34x | 2.48x | CN¥-139.63 Million |
| 2024 | -11.97% | -22.71% | 0.23x | 2.28x | CN¥-84.42 Million |
Industry Comparison
This section compares Guangzhou Hexin Instrument Co Ltd's net assets metrics with peer companies in the Scientific & Technical Instruments industry.
Industry Context
- Industry: Scientific & Technical Instruments
- Average net assets among peers: $1,398,847,740
- Average return on equity (ROE) among peers: 8.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Guangzhou Hexin Instrument Co Ltd (688622) | CN¥363.00 Million | 22.36% | 1.28x | $1.09 Billion |
| Beijing BDStar Navigation Co Ltd (002151) | $800.42 Million | 5.76% | 0.80x | $2.10 Billion |
| Oriental Times Media Corp (002175) | $528.13 Million | 2.06% | 0.25x | $431.58 Million |
| Changchun UP Optotech Co Ltd (002338) | $1.05 Billion | 4.44% | 0.14x | $1.32 Billion |
| Nanjing Sciyon Automation Group Co Ltd (002380) | $949.47 Million | 4.48% | 0.18x | $963.65 Million |
| Beijing UniStrong Science & Technology Co Ltd (002383) | $369.67 Million | 22.71% | 0.27x | $709.61 Million |
| Jiangsu Changfa Refrigeration Co Ltd (002413) | $1.21 Billion | 2.77% | 0.33x | $1.40 Billion |
| Wuhan Guide Infrared Co Ltd (002414) | $6.79 Billion | 1.00% | 0.27x | $6.44 Billion |
| Shenzhen Jieshun Science and Technology Industry Co Ltd (002609) | $159.08 Million | 22.65% | 0.54x | $701.46 Million |
| Beijing SDL Technology Co Ltd (002658) | $1.58 Billion | 16.60% | 0.15x | $629.83 Million |
| Shenzhen Soling Industrial Co Ltd (002766) | $557.68 Million | 1.40% | 8.96x | $513.36 Million |
About Guangzhou Hexin Instrument Co Ltd
Guangzhou Hexin Instrument Co.,Ltd. engages in the research and development, production, sell, and technical services of mass spectrometry (MS) products in China. The company offers online VOC analysis MS, PM2.5 online source apportionment MS monitoring systems, on line preconcentrater gas chromatography MS system, two-dimensional gas chromatography time of flight MS, and portable volatile organi… Read more