CN EVERBRIGHT WATER HD 1 (BIU2) - Net Assets
Based on the latest financial reports, CN EVERBRIGHT WATER HD 1 (BIU2) has net assets worth €15.03 Billion EUR (≈ $17.58 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€38.22 Billion ≈ $44.68 Billion USD) and total liabilities (€23.18 Billion ≈ $27.10 Billion 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 BIU2 tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €15.03 Billion |
| % of Total Assets | 39.34% |
| Annual Growth Rate | 3.38% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 3.09 |
CN EVERBRIGHT WATER HD 1 - Net Assets Trend (2021–2025)
This chart illustrates how CN EVERBRIGHT WATER HD 1's net assets have evolved over time, based on quarterly financial data. See BIU2 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for CN EVERBRIGHT WATER HD 1 (2021–2025)
The table below shows the annual net assets of CN EVERBRIGHT WATER HD 1 from 2021 to 2025. For live valuation and market cap data, see CN EVERBRIGHT WATER HD 1 (BIU2) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €15.03 Billion ≈ $17.58 Billion |
+7.45% |
| 2024-12-31 | €13.99 Billion ≈ $16.36 Billion |
+4.01% |
| 2023-12-31 | €13.45 Billion ≈ $15.73 Billion |
+3.47% |
| 2022-12-31 | €13.00 Billion ≈ $15.20 Billion |
-1.23% |
| 2021-12-31 | €13.16 Billion ≈ $15.39 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to CN EVERBRIGHT WATER HD 1'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 45.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €7.24 Billion | 53.31% |
| Other Components | €6.35 Billion | 46.69% |
| Total Equity | €13.59 Billion | 100.00% |
CN EVERBRIGHT WATER HD 1 Competitors by Market Cap
The table below lists competitors of CN EVERBRIGHT WATER HD 1 ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shanghai W Ibeda High Tech Group Co Ltd
SHG:688071
|
$420.61 Million |
|
Benitec Biopharma Ltd ADR
NASDAQ:BNTC
|
$420.65 Million |
|
Attica Holdings S.A.
AT:ATTICA
|
$420.67 Million |
|
Zhengzhou Coal Mining Machinery Group Company Limited
F:ZGC
|
$420.86 Million |
|
Guangdong Jinming Machinery Co Ltd
SHE:300281
|
$420.53 Million |
|
Konya Cimento Sanayi AS
IS:KONYA
|
$420.51 Million |
|
Aic Mines Ltd
AU:A1M
|
$420.45 Million |
|
Junhe Pumps Holding Co Ltd
SHG:603617
|
$420.40 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CN EVERBRIGHT WATER HD 1's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 12,642,102,000 to 13,591,173,000, a change of 949,071,000 (7.5%).
- Net income of 842,475,000 contributed positively to equity growth.
- Dividend payments of 341,782,000 reduced retained earnings.
- Other factors increased equity by 448,378,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €842.48 Million | +6.2% |
| Dividends Paid | €341.78 Million | -2.51% |
| Other Changes | €448.38 Million | +3.3% |
| Total Change | €- | 7.51% |
Book Value vs Market Value Analysis
This analysis compares CN EVERBRIGHT WATER HD 1'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: 0.03x
- 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 | €4.15 | €0.14 | x |
| 2022-12-31 | €4.12 | €0.14 | x |
| 2023-12-31 | €4.27 | €0.14 | x |
| 2024-12-31 | €4.42 | €0.14 | x |
| 2025-12-31 | €4.75 | €0.14 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CN EVERBRIGHT WATER HD 1 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): 6.20%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.73%
- • Asset Turnover: 0.14x
- • Equity Multiplier: 2.81x
- Recent ROE (6.20%) is below the historical average (8.54%), 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 | 10.11% | 17.36% | 0.21x | 2.78x | €13.32 Million |
| 2022 | 8.58% | 15.02% | 0.20x | 2.84x | €-166.88 Million |
| 2023 | 9.72% | 17.71% | 0.20x | 2.80x | €-33.90 Million |
| 2024 | 8.07% | 14.88% | 0.19x | 2.84x | €-244.60 Million |
| 2025 | 6.20% | 15.73% | 0.14x | 2.81x | €-516.64 Million |
Industry Comparison
This section compares CN EVERBRIGHT WATER HD 1's net assets metrics with peer companies in the Utilities - Regulated Water industry.
Industry Context
- Industry: Utilities - Regulated Water
- Average net assets among peers: $3,715,578,256
- Average return on equity (ROE) among peers: -22.27%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CN EVERBRIGHT WATER HD 1 (BIU2) | €15.03 Billion | 10.11% | 1.54x | $420.55 Million |
| Kangda International Environmental Company Limited (27K) | $6.02 Billion | 2.79% | 2.18x | $173.03 Million |
| Yunnan Water Investment Co. Limited (2WI) | $6.69 Billion | 7.60% | 3.05x | $2.98 Million |
| PENNON GROUP PLC UNS.ADR2 (3PN0) | $1.27 Billion | 1.21% | 3.19x | $3.04 Billion |
| Eastern Water Resources Development and Management Public Company Limited (7ES1) | $11.64 Billion | 2.67% | 1.50x | $119.79 Million |
| MEMIONTEC HOLDINGS LTD (8900) | $7.17 Million | -132.10% | 4.12x | $2.01 Million |
| CLEAN TEQ WATER LTD (9NK) | $8.74 Million | -126.61% | 0.44x | $20.35 Million |
| AQUA SA ZY 16 (9S0) | $392.03 Million | 2.72% | 0.31x | $30.13 Million |
| AS Tallinna Vesi (A1T) | $115.52 Million | 24.03% | 1.28x | $227.00 Million |
| American Water Works Company Inc. (AWC) | $7.30 Billion | 17.31% | 2.57x | $20.87 Billion |
About CN EVERBRIGHT WATER HD 1
China Everbright Water Limited engages in the water environment management business in Mainland China and Germany. It is involved in municipal wastewater treatment, industrial wastewater treatment, water supply, reusable water, sludge treatment and disposal, sponge city construction, river-basin ecological restoration, livestock and poultry manure resources utilization, and research and developme… Read more