HOB Biotech Group Corp Ltd
HOB Biotech Group Corp.,Ltd. operates as a in vitro diagnostic company in China and internationally. It provides diagnostic tools, such as line immune, enzyme-linked immunosorbent, and chemiluminescent paramagnetic microparticle immuno assays to laboratories and hospitals for the improvement of allergy and autoimmune disease patient care. The company was founded in 2009 and is based in Suzhou, Ch… Read more
HOB Biotech Group Corp Ltd (688656) - Net Assets
Latest net assets as of September 2025: CN¥829.05 Million CNY
Based on the latest financial reports, HOB Biotech Group Corp Ltd (688656) has net assets worth CN¥829.05 Million CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥965.27 Million) and total liabilities (CN¥136.22 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥829.05 Million |
| % of Total Assets | 85.89% |
| Annual Growth Rate | 39.47% |
| 5-Year Change | 293.5% |
| 10-Year Change | N/A |
| Growth Volatility | 85.58 |
HOB Biotech Group Corp Ltd - Net Assets Trend (2016–2024)
This chart illustrates how HOB Biotech Group Corp Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for HOB Biotech Group Corp Ltd (2016–2024)
The table below shows the annual net assets of HOB Biotech Group Corp Ltd from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥812.14 Million | +0.17% |
| 2023-12-31 | CN¥810.73 Million | +4.00% |
| 2022-12-31 | CN¥779.57 Million | +1.24% |
| 2021-12-31 | CN¥770.00 Million | +273.09% |
| 2020-12-31 | CN¥206.39 Million | +37.93% |
| 2019-12-31 | CN¥149.64 Million | +12.41% |
| 2018-12-31 | CN¥133.12 Million | +68.45% |
| 2017-12-31 | CN¥79.03 Million | +39.35% |
| 2016-12-31 | CN¥56.71 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to HOB Biotech Group Corp 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 grown by 886.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥174.03 Million | 21.43% |
| Common Stock | CN¥63.06 Million | 7.76% |
| Other Components | CN¥575.05 Million | 70.81% |
| Total Equity | CN¥812.14 Million | 100.00% |
HOB Biotech Group Corp Ltd Competitors by Market Cap
The table below lists competitors of HOB Biotech Group Corp Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Taiheiyo Cement Corp
PINK:THYCY
|
$668.21 Million |
|
Toyo Ink SC Holdings Co. Ltd
F:TO5
|
$668.39 Million |
|
Shenzhen Das Intellitech Co Ltd
SHE:002421
|
$668.47 Million |
|
Jiangsu LiXing General Steel Ball Co Ltd
SHE:300421
|
$668.60 Million |
|
NB Bancorp, Inc. Common Stock
NASDAQ:NBBK
|
$667.93 Million |
|
Youcare Pharmaceutical Group Co. Ltd. A
SHG:688658
|
$667.79 Million |
|
Investors Real Estate Trust
F:WXC1
|
$667.49 Million |
|
Guangzhou Wondfo Biotech Co Ltd
SHE:300482
|
$667.47 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HOB Biotech Group Corp Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 810,733,083 to 812,137,037, a change of 1,403,954 (0.2%).
- Net income of 36,803,804 contributed positively to equity growth.
- Dividend payments of 28,170,266 reduced retained earnings.
- Share repurchases of 20,010,500 reduced equity.
- Other factors increased equity by 12,780,916.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥36.80 Million | +4.53% |
| Dividends Paid | CN¥28.17 Million | -3.47% |
| Share Repurchases | CN¥20.01 Million | -2.46% |
| Other Changes | CN¥12.78 Million | +1.57% |
| Total Change | CN¥- | 0.17% |
Book Value vs Market Value Analysis
This analysis compares HOB Biotech Group Corp 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: 10.79x
- 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 110.59x to 10.79x 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¥1.25 | CN¥138.04 | x |
| 2017-12-31 | CN¥1.74 | CN¥138.04 | x |
| 2018-12-31 | CN¥2.92 | CN¥138.04 | x |
| 2019-12-31 | CN¥2.37 | CN¥138.04 | x |
| 2020-12-31 | CN¥3.27 | CN¥138.04 | x |
| 2021-12-31 | CN¥12.21 | CN¥138.04 | x |
| 2022-12-31 | CN¥12.36 | CN¥138.04 | x |
| 2023-12-31 | CN¥12.68 | CN¥138.04 | x |
| 2024-12-31 | CN¥12.80 | CN¥138.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HOB Biotech Group Corp 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): 4.53%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.15%
- • Asset Turnover: 0.39x
- • Equity Multiplier: 1.27x
- Recent ROE (4.53%) is below the historical average (17.98%), 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 | 7.64% | 3.88% | 0.90x | 2.20x | CN¥-1.34 Million |
| 2017 | 27.02% | 14.59% | 1.01x | 1.82x | CN¥13.45 Million |
| 2018 | 30.16% | 19.93% | 0.89x | 1.69x | CN¥26.84 Million |
| 2019 | 42.66% | 24.64% | 0.92x | 1.89x | CN¥48.87 Million |
| 2020 | 27.43% | 25.52% | 0.75x | 1.44x | CN¥35.98 Million |
| 2021 | 11.19% | 27.13% | 0.37x | 1.12x | CN¥9.19 Million |
| 2022 | 5.34% | 13.00% | 0.34x | 1.21x | CN¥-36.31 Million |
| 2023 | 5.84% | 12.00% | 0.42x | 1.17x | CN¥-33.74 Million |
| 2024 | 4.53% | 9.15% | 0.39x | 1.27x | CN¥-44.41 Million |
Industry Comparison
This section compares HOB Biotech Group Corp Ltd's net assets metrics with peer companies in the Medical Devices industry.
Industry Context
- Industry: Medical Devices
- Average net assets among peers: $1,879,733,462
- Average return on equity (ROE) among peers: 24.67%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| HOB Biotech Group Corp Ltd (688656) | CN¥829.05 Million | 7.64% | 0.16x | $667.97 Million |
| Shanghai Kehua Bio-Engineering Co Ltd (002022) | $792.82 Million | 25.77% | 0.17x | $318.98 Million |
| Jiangsu Yuyue Medical Equipment & Supply Co Ltd (002223) | $482.51 Million | 20.84% | 0.32x | $2.79 Billion |
| Double Medical Technology Inc (002901) | $224.61 Million | 43.10% | 0.32x | $404.40 Million |
| Wuhan Easy Diagnosis Biomedicine Co Ltd Class A (002932) | $1.42 Million | 98.49% | 2.27x | $281.14 Million |
| Lepu Medical Tech Beijing (300003) | $12.27 Billion | 14.01% | 0.69x | $2.71 Billion |
| INKON Life Technology Co Ltd (300143) | $1.81 Billion | -20.17% | 0.37x | $637.77 Million |
| Edan Instruments Inc (300206) | $1.26 Billion | 7.37% | 0.15x | $501.55 Million |
| Guangdong Biolight Meditech Co Ltd (300246) | $504.27 Million | 13.31% | 0.36x | $360.97 Million |
| Beijing Leadman Biochemistry Co Ltd (300289) | $1.44 Billion | 2.82% | 0.20x | $267.10 Million |
| Sinocare Inc (300298) | $17.42 Million | 41.15% | 0.68x | $952.60 Million |