Anhui Expressway Company Limited (HU7) - Net Assets
Based on the latest financial reports, Anhui Expressway Company Limited (HU7) has net assets worth €13.36 Billion EUR (≈ $15.62 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€30.14 Billion ≈ $35.23 Billion USD) and total liabilities (€16.78 Billion ≈ $19.61 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 Anhui Expressway Company Limited asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €13.36 Billion |
| % of Total Assets | 44.34% |
| Annual Growth Rate | 5.92% |
| 5-Year Change | 24.73% |
| 10-Year Change | 66.85% |
| Growth Volatility | 3.13 |
Anhui Expressway Company Limited - Net Assets Trend (2013–2024)
This chart illustrates how Anhui Expressway Company Limited's net assets have evolved over time, based on quarterly financial data. Also explore HU7 total assets for the complete picture of this company's asset base.
Annual Net Assets for Anhui Expressway Company Limited (2013–2024)
The table below shows the annual net assets of Anhui Expressway Company Limited from 2013 to 2024. For live valuation and market cap data, see Anhui Expressway Company Limited market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €14.86 Billion ≈ $17.37 Billion |
+5.29% |
| 2023-12-31 | €14.11 Billion ≈ $16.50 Billion |
+4.52% |
| 2022-12-31 | €13.50 Billion ≈ $15.79 Billion |
+13.06% |
| 2021-12-31 | €11.95 Billion ≈ $13.96 Billion |
+0.25% |
| 2020-12-31 | €11.91 Billion ≈ $13.93 Billion |
+2.98% |
| 2019-12-31 | €11.57 Billion ≈ $13.53 Billion |
+9.34% |
| 2018-12-31 | €10.58 Billion ≈ $12.37 Billion |
+5.49% |
| 2017-12-31 | €10.03 Billion ≈ $11.73 Billion |
+6.47% |
| 2016-12-31 | €9.42 Billion ≈ $11.01 Billion |
+5.76% |
| 2015-12-31 | €8.91 Billion ≈ $10.41 Billion |
+5.41% |
| 2014-12-31 | €8.45 Billion ≈ $9.88 Billion |
+7.04% |
| 2013-12-31 | €7.89 Billion ≈ $9.23 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Anhui Expressway Company 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 120.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €11.20 Billion | 83.99% |
| Other Components | €2.13 Billion | 16.01% |
| Total Equity | €13.34 Billion | 100.00% |
Anhui Expressway Company Limited Competitors by Market Cap
The table below lists competitors of Anhui Expressway Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Corbion N.V.
F:CSU
|
$1.06 Billion |
|
Green Cross Corp
KO:006280
|
$1.06 Billion |
|
Elsight Ltd
AU:ELS
|
$1.06 Billion |
|
Anhui Xinlong Electrical Co Ltd
SHE:002298
|
$1.06 Billion |
|
Bank Artos Indonesia Tbk PT
JK:ARTO
|
$1.06 Billion |
|
Baota Industry Co Ltd
SHE:000595
|
$1.06 Billion |
|
Guangxi Guidong Eletric Power Co Ltd
SHG:600310
|
$1.06 Billion |
|
Fujian Furi Electronics Co Ltd
SHG:600203
|
$1.06 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Anhui Expressway Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 12,656,911,594 to 13,335,168,274, a change of 678,256,680 (5.4%).
- Net income of 1,668,981,126 contributed positively to equity growth.
- Dividend payments of 1,215,833,752 reduced retained earnings.
- Other factors increased equity by 225,109,306.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €1.67 Billion | +12.52% |
| Dividends Paid | €1.22 Billion | -9.12% |
| Other Changes | €225.11 Million | +1.69% |
| Total Change | €- | 5.36% |
Book Value vs Market Value Analysis
This analysis compares Anhui Expressway Company 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: 0.21x
- 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 |
|---|---|---|---|
| 2017-12-31 | €5.65 | €1.67 | x |
| 2018-12-31 | €6.07 | €1.67 | x |
| 2019-12-31 | €6.47 | €1.67 | x |
| 2020-12-31 | €6.80 | €1.67 | x |
| 2021-12-31 | €6.87 | €1.67 | x |
| 2022-12-31 | €7.19 | €1.67 | x |
| 2023-12-31 | €7.63 | €1.67 | x |
| 2024-12-31 | €8.04 | €1.67 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Anhui Expressway Company 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): 12.52%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 23.53%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 1.83x
- Recent ROE (12.52%) is above the historical average (11.49%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 12.01% | 36.39% | 0.19x | 1.73x | €141.96 Million |
| 2014 | 11.32% | 36.80% | 0.20x | 1.52x | €100.67 Million |
| 2015 | 11.55% | 38.64% | 0.20x | 1.50x | €126.21 Million |
| 2016 | 10.75% | 37.34% | 0.19x | 1.51x | €65.36 Million |
| 2017 | 11.64% | 38.14% | 0.20x | 1.51x | €153.43 Million |
| 2018 | 11.15% | 37.85% | 0.20x | 1.47x | €116.04 Million |
| 2019 | 10.22% | 37.25% | 0.19x | 1.48x | €23.76 Million |
| 2020 | 8.14% | 34.89% | 0.16x | 1.44x | €-209.19 Million |
| 2021 | 13.29% | 38.62% | 0.20x | 1.75x | €375.26 Million |
| 2022 | 12.12% | 27.75% | 0.24x | 1.79x | €252.54 Million |
| 2023 | 13.11% | 25.03% | 0.31x | 1.72x | €394.24 Million |
| 2024 | 12.52% | 23.53% | 0.29x | 1.83x | €335.46 Million |
Industry Comparison
This section compares Anhui Expressway Company Limited's net assets metrics with peer companies in the Infrastructure Operations industry.
Industry Context
- Industry: Infrastructure Operations
- Average net assets among peers: $20,479,257,243
- Average return on equity (ROE) among peers: 9.60%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Anhui Expressway Company Limited (HU7) | €13.36 Billion | 12.01% | 1.26x | $1.06 Billion |
| Sichuan Expressway Company Limited (EXF1) | $11.53 Billion | 8.76% | 1.08x | $654.20 Million |
| Jiangsu Expressway Company Limited (JE2) | $21.19 Billion | 11.83% | 0.72x | $1.59 Billion |
| Shenzhen Expressway Company Limited (SHZH) | $27.20 Billion | 4.21% | 1.48x | $690.39 Million |
| Zhejiang Expressway Co. Ltd (ZHJ) | $22.00 Billion | 13.59% | 2.36x | $2.00 Billion |
About Anhui Expressway Company Limited
Anhui Expressway Company Limited engages in the construction, operation, management, and development of the toll roads and associated service sections in the People's Republic of China. It owns interests in the Hening Expressway, New Tianchang Section of National Trunk 205, Gaojie Expressway, Xuanguang Expressway, Ninghuai Expressway Tianchang Section, Lianhuo Highway Anhui Section, Guangci Expre… Read more