Horizon Construction Development Limited
Horizon Construction Development Limited, together with its subsidiaries, operates as an investment holding company that provides equipment operation services in the People's Republic of China. It operates through Operating lease services; Engineering and technical services; and Asset management and other services segments. The company also provides operating lease services that cover various typ… Read more
Horizon Construction Development Limited (B7H) - Net Assets
Latest net assets as of June 2025: €11.33 Billion EUR
Based on the latest financial reports, Horizon Construction Development Limited (B7H) has net assets worth €11.33 Billion EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€36.58 Billion) and total liabilities (€25.25 Billion). 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 | €11.33 Billion |
| % of Total Assets | 30.97% |
| Annual Growth Rate | 23.99% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 25.0 |
Horizon Construction Development Limited - Net Assets Trend (2021–2024)
This chart illustrates how Horizon Construction Development Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Horizon Construction Development Limited (2021–2024)
The table below shows the annual net assets of Horizon Construction Development Limited from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €11.46 Billion | +6.32% |
| 2023-12-31 | €10.78 Billion | +61.53% |
| 2022-12-31 | €6.67 Billion | +11.00% |
| 2021-12-31 | €6.01 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Horizon Construction Development Limited'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 188.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €3.47 Billion | 30.27% |
| Other Components | €7.99 Billion | 69.73% |
| Total Equity | €11.46 Billion | 100.00% |
Horizon Construction Development Limited Competitors by Market Cap
The table below lists competitors of Horizon Construction Development Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
EverCommerce Inc
NASDAQ:EVCM
|
$131.08 Million |
|
CoastalSouth Bancshares, Inc.
OTCQX:COSO
|
$131.12 Million |
|
GreenTech Environmental Co Ltd
SHG:688466
|
$131.13 Million |
|
HiVi Acoustics Technology Co Ltd
SHE:002888
|
$131.13 Million |
|
Olympia Financial Group Inc
TO:OLY
|
$130.87 Million |
|
Kg Chemical
KO:001390
|
$130.84 Million |
|
Cairo Communication S.p.A.
LSE:0N7I
|
$130.79 Million |
|
Hangzhou Heatwell Electric Heating Technology Co., Ltd.
SHG:603075
|
$130.78 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Horizon Construction Development Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 10,777,667,000 to 11,458,350,000, a change of 680,683,000 (6.3%).
- Net income of 896,322,000 contributed positively to equity growth.
- Dividend payments of 136,656,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €896.32 Million | +7.82% |
| Dividends Paid | €136.66 Million | -1.19% |
| Other Changes | €10.47 Million | +0.09% |
| Total Change | €- | 6.32% |
Book Value vs Market Value Analysis
This analysis compares Horizon Construction Development Limited'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: 0.02x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | €1.88 | €0.08 | x |
| 2022-12-31 | €2.09 | €0.08 | x |
| 2023-12-31 | €3.37 | €0.08 | x |
| 2024-12-31 | €3.58 | €0.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Horizon Construction Development Limited 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): 7.82%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.74%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 3.18x
- Recent ROE (7.82%) is below the historical average (9.63%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 11.81% | 11.56% | 0.23x | 4.49x | €108.54 Million |
| 2022 | 9.96% | 8.43% | 0.26x | 4.54x | €-2.88 Million |
| 2023 | 8.93% | 10.01% | 0.31x | 2.90x | €-115.36 Million |
| 2024 | 7.82% | 7.74% | 0.32x | 3.18x | €-249.51 Million |
Industry Comparison
This section compares Horizon Construction Development Limited's net assets metrics with peer companies in the Rental & Leasing Services industry.
Industry Context
- Industry: Rental & Leasing Services
- Average net assets among peers: $6,186,166,851
- Average return on equity (ROE) among peers: 16.54%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Horizon Construction Development Limited (B7H) | €11.33 Billion | 11.81% | 2.23x | $130.88 Million |
| Redde Northgate PLC (21W) | $516.62 Million | 11.79% | 0.85x | $985.84 Million |
| China Development Bank Financial Leasing Co. Ltd (2C6) | $22.30 Billion | 7.00% | 6.47x | $341.98 Million |
| AMERCO (AUK) | $1.88 Billion | 18.93% | 2.65x | $4.23 Billion |
| RESERVOIR CAPITAL (R0C) | $42.02 Million | 28.46% | 0.56x | $40.86 Million |