Shanghai HIUV New Materials Co Ltd (688680) - Net Assets
Based on the latest financial reports, Shanghai HIUV New Materials Co Ltd (688680) has net assets worth CN¥1.41 Billion CNY (≈ $207.05 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¥2.89 Billion ≈ $423.47 Million USD) and total liabilities (CN¥1.48 Billion ≈ $216.42 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 688680 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.41 Billion |
| % of Total Assets | 48.89% |
| Annual Growth Rate | 35.95% |
| 5-Year Change | 113.49% |
| 10-Year Change | 723.07% |
| Growth Volatility | 61.99 |
Shanghai HIUV New Materials Co Ltd - Net Assets Trend (2012–2024)
This chart illustrates how Shanghai HIUV New Materials Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Shanghai HIUV New Materials Co Ltd for the complete picture of this company's asset base.
Annual Net Assets for Shanghai HIUV New Materials Co Ltd (2012–2024)
The table below shows the annual net assets of Shanghai HIUV New Materials Co Ltd from 2012 to 2024. For live valuation and market cap data, see market value of Shanghai HIUV New Materials Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.61 Billion ≈ $235.16 Million |
-26.90% |
| 2023-12-31 | CN¥2.20 Billion ≈ $321.71 Million |
-11.42% |
| 2022-12-31 | CN¥2.48 Billion ≈ $363.16 Million |
+7.60% |
| 2021-12-31 | CN¥2.31 Billion ≈ $337.50 Million |
+206.40% |
| 2020-12-31 | CN¥752.73 Million ≈ $110.15 Million |
+38.66% |
| 2019-12-31 | CN¥542.86 Million ≈ $79.44 Million |
+20.67% |
| 2018-12-31 | CN¥449.88 Million ≈ $65.83 Million |
+5.38% |
| 2017-12-31 | CN¥426.91 Million ≈ $62.47 Million |
+6.00% |
| 2016-12-31 | CN¥402.74 Million ≈ $58.93 Million |
+106.27% |
| 2015-12-31 | CN¥195.25 Million ≈ $28.57 Million |
+63.09% |
| 2014-12-31 | CN¥119.72 Million ≈ $17.52 Million |
+52.30% |
| 2013-12-31 | CN¥78.61 Million ≈ $11.50 Million |
+94.97% |
| 2012-12-31 | CN¥40.32 Million ≈ $5.90 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shanghai HIUV New Materials 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 1686.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥84.02 Million | 5.23% |
| Other Comprehensive Income | CN¥178.36 Million | 11.10% |
| Other Components | CN¥1.60 Billion | 99.30% |
| Total Equity | CN¥1.61 Billion | 100.00% |
Shanghai HIUV New Materials Co Ltd Competitors by Market Cap
The table below lists competitors of Shanghai HIUV New Materials Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shenzhen Jasic Tech Co
SHE:300193
|
$614.67 Million |
|
Haier Smart Home Co Ltd
F:690D
|
$614.68 Million |
|
Alpha Tau Medical Ltd
NASDAQ:DRTS
|
$614.75 Million |
|
Baramulti Suksessarana Tbk
JK:BSSR
|
$614.80 Million |
|
Anhui Ankai Automobile Co Ltd
SHE:000868
|
$614.54 Million |
|
Cheng Loong Corp
TW:1904
|
$614.53 Million |
|
SurModics Inc
NASDAQ:SRDX
|
$614.51 Million |
|
MarineMax Inc
NYSE:HZO
|
$614.34 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shanghai HIUV New Materials Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,198,477,839 to 1,607,035,005, a change of -591,442,834 (-26.9%).
- Net loss of 558,435,934 reduced equity.
- Dividend payments of 38,777,361 reduced retained earnings.
- Share repurchases of 26,185,822 reduced equity.
- Other comprehensive income decreased equity by 39,993,653.
- Other factors increased equity by 71,949,936.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-558.44 Million | -34.75% |
| Dividends Paid | CN¥38.78 Million | -2.41% |
| Share Repurchases | CN¥26.19 Million | -1.63% |
| Other Comprehensive Income | CN¥-39.99 Million | -2.49% |
| Other Changes | CN¥71.95 Million | +4.48% |
| Total Change | CN¥- | -26.90% |
Book Value vs Market Value Analysis
This analysis compares Shanghai HIUV New Materials 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: 2.58x
- 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 23.73x to 2.58x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | CN¥2.11 | CN¥49.99 | x |
| 2013-12-31 | CN¥4.48 | CN¥49.99 | x |
| 2014-12-31 | CN¥2.75 | CN¥49.99 | x |
| 2015-12-31 | CN¥4.21 | CN¥49.99 | x |
| 2016-12-31 | CN¥7.46 | CN¥49.99 | x |
| 2017-12-31 | CN¥6.99 | CN¥49.99 | x |
| 2018-12-31 | CN¥7.33 | CN¥49.99 | x |
| 2019-12-31 | CN¥6.46 | CN¥49.99 | x |
| 2020-12-31 | CN¥8.96 | CN¥49.99 | x |
| 2021-12-31 | CN¥27.45 | CN¥49.99 | x |
| 2022-12-31 | CN¥28.24 | CN¥49.99 | x |
| 2023-12-31 | CN¥26.26 | CN¥49.99 | x |
| 2024-12-31 | CN¥19.37 | CN¥49.99 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shanghai HIUV New Materials 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): -34.75%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -21.55%
- • Asset Turnover: 0.80x
- • Equity Multiplier: 2.01x
- Recent ROE (-34.75%) is below the historical average (7.60%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 19.94% | 6.68% | 0.84x | 3.56x | CN¥3.50 Million |
| 2013 | 10.05% | 7.35% | 0.70x | 1.95x | CN¥35.41K |
| 2014 | 16.36% | 8.32% | 0.94x | 2.08x | CN¥6.91 Million |
| 2015 | 17.81% | 9.60% | 1.06x | 1.74x | CN¥15.06 Million |
| 2016 | 10.46% | 7.28% | 0.82x | 1.74x | CN¥1.84 Million |
| 2017 | 8.30% | 5.49% | 0.90x | 1.69x | CN¥-7.25 Million |
| 2018 | 6.14% | 3.86% | 0.87x | 1.82x | CN¥-17.37 Million |
| 2019 | 12.32% | 6.29% | 1.02x | 1.92x | CN¥12.59 Million |
| 2020 | 29.66% | 15.07% | 0.97x | 2.03x | CN¥147.96 Million |
| 2021 | 10.93% | 8.12% | 0.85x | 1.59x | CN¥21.54 Million |
| 2022 | 2.02% | 0.94% | 0.82x | 2.61x | CN¥-198.08 Million |
| 2023 | -10.40% | -4.69% | 0.90x | 2.45x | CN¥-448.42 Million |
| 2024 | -34.75% | -21.55% | 0.80x | 2.01x | CN¥-719.14 Million |
Industry Comparison
This section compares Shanghai HIUV New Materials Co Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $2,542,980,118
- Average return on equity (ROE) among peers: 6.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shanghai HIUV New Materials Co Ltd (688680) | CN¥1.41 Billion | 19.94% | 1.05x | $614.64 Million |
| XJ Electric Co Ltd (000400) | $1.49 Billion | 11.47% | 0.73x | $3.86 Billion |
| Guangdong Macro Co Ltd (000533) | $598.74 Million | 0.58% | 4.38x | $1.35 Billion |
| Foshan Electrical and Lighting Co Ltd (000541) | $2.84 Billion | 10.28% | 0.11x | $1.03 Billion |
| Dongfang Electronics Co Ltd (000682) | $1.27 Billion | 0.84% | 0.19x | $2.58 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.05 Billion | -0.83% | 4.35x | $864.19 Million |
| Huagong Tech Co Ltd (000988) | $7.43 Billion | 10.24% | 0.87x | $18.42 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.48 Billion | 7.41% | 1.41x | $1.82 Billion |
| Sieyuan Electric Co Ltd (002028) | $8.60 Billion | 13.93% | 0.62x | $23.55 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $175.70 Million | 4.41% | 0.38x | $525.19 Million |
| Gotion High tech Co Ltd (002074) | $497.13 Million | 7.34% | 0.88x | $10.24 Billion |
About Shanghai HIUV New Materials Co Ltd
Shanghai HIUV New Materials Co.,Ltd engages in the research and development, manufacture, and sale of polymer films in China. It provides transparent and white ethylene-vinyl acetate, color dimming film, PVE interlayer for laminated glass, eco-friendlyPOE Lightweight Eco Leather and PVE color glass adhesive film. The company also offers technical solutions for customers in various fields. Shangha… Read more