Churchill China plc

LSE:CHH UK Furnishings, Fixtures & Appliances
Market Cap
$421.51K
GBX3.46 Billion GBX
Market Cap Rank
#45912 Global
#921 in UK
Share Price
GBX315.00
Change (1 day)
-4.55%
52-Week Range
GBX315.00 - GBX710.00
All Time High
GBX2023.43
Categories
Companies in UK Furnishings, Fixtures & Appliances
About

Churchill China plc manufactures and sells ceramic and related products in the United Kingdom, rest of Europe, the United States, and internationally. The company provides plates, bowls, cups and saucers, mugs, jugs, tea and coffee pots, sugar bowls, dip pots and side dishes, platters, salad bowls, dessert bowls, countertop, wooden boards, cutlery, cookware, condiments, bud vases, and accessories… Read more

Churchill China plc (CHH) - Net Assets

Latest net assets as of June 2025: GBX60.66 Million GBX

Based on the latest financial reports, Churchill China plc (CHH) has net assets worth GBX60.66 Million GBX as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX74.86 Million) and total liabilities (GBX14.20 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 GBX60.66 Million
% of Total Assets 81.03%
Annual Growth Rate 5.85%
5-Year Change 64.95%
10-Year Change 98.1%
Growth Volatility 14.65

Churchill China plc - Net Assets Trend (1991–2024)

This chart illustrates how Churchill China plc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Churchill China plc (1991–2024)

The table below shows the annual net assets of Churchill China plc from 1991 to 2024.

Year Net Assets Change
2024-12-31 GBX61.26 Million +2.21%
2023-12-31 GBX59.94 Million +5.81%
2022-12-31 GBX56.65 Million +32.72%
2021-12-31 GBX42.68 Million +14.92%
2020-12-31 GBX37.14 Million -11.23%
2019-12-31 GBX41.84 Million +10.20%
2018-12-31 GBX37.97 Million +12.02%
2017-12-31 GBX33.89 Million +18.40%
2016-12-31 GBX28.62 Million -7.44%
2015-12-31 GBX30.93 Million +8.87%
2014-12-31 GBX28.41 Million -0.09%
2013-12-31 GBX28.43 Million +7.45%
2012-12-31 GBX26.46 Million -4.31%
2011-12-31 GBX27.65 Million +4.08%
2010-12-31 GBX26.57 Million +8.29%
2009-12-31 GBX24.54 Million -14.24%
2008-12-31 GBX28.61 Million -3.77%
2007-12-31 GBX29.73 Million +15.90%
2006-12-31 GBX25.65 Million +14.29%
2005-12-31 GBX22.45 Million +11.60%
2004-12-31 GBX20.11 Million -24.74%
2003-12-31 GBX26.72 Million -3.97%
2002-12-31 GBX27.83 Million +1.74%
2001-12-31 GBX27.35 Million +5.12%
2000-12-31 GBX26.02 Million +4.44%
1999-12-31 GBX24.91 Million -16.84%
1998-12-31 GBX29.95 Million +2.47%
1997-12-31 GBX29.23 Million +10.51%
1996-12-31 GBX26.45 Million +12.34%
1995-12-31 GBX23.55 Million +10.80%
1994-12-31 GBX21.25 Million +31.26%
1993-12-31 GBX16.19 Million +11.40%
1992-12-31 GBX14.53 Million +54.95%
1991-12-31 GBX9.38 Million --

Equity Component Analysis

This analysis shows how different components contribute to Churchill China plc'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 529.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings GBX57.08 Million 93.18%
Common Stock GBX1.10 Million 1.80%
Other Comprehensive Income GBX1.16 Million 1.89%
Other Components GBX1.92 Million 3.13%
Total Equity GBX61.26 Million 100.00%

Churchill China plc Competitors by Market Cap

The table below lists competitors of Churchill China plc ranked by their market capitalization.

Company Market Cap
Jubilee Life Insurance Company Ltd
KAR:JLICL
 		$5.44K
227420
KO:227420
 		$5.44K
CEO Group JSC
VN:CEO
 		$5.44K
Harvest Power China Clean
SHG:508026
 		$5.45K
ZAMP3F
SA:ZAMP3F
 		$5.42K
GoMax Electronics Co., Ltd.
TWO:6512
 		$5.42K
Triple Point Energy Transition PLC
LSE:TENT
 		$5.42K
Cache Exploration Inc
PINK:CEXPF
 		$5.41K

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Churchill China plc's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 59,941,000 to 61,263,000, a change of 1,322,000 (2.2%).
  • Net income of 6,365,000 contributed positively to equity growth.
  • Dividend payments of 4,014,000 reduced retained earnings.
  • Other comprehensive income decreased equity by 203,001.
  • Other factors decreased equity by 825,999.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income GBX6.37 Million +10.39%
Dividends Paid GBX4.01 Million -6.55%
Other Comprehensive Income GBX-203.00K -0.33%
Other Changes GBX-826.00K -1.35%
Total Change GBX- 2.21%

Book Value vs Market Value Analysis

This analysis compares Churchill China plc'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: 56.55x
  • 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 314.70x to 56.55x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1991-12-31 GBX1.00 GBX315.00 x
1992-12-31 GBX1.55 GBX315.00 x
1993-12-31 GBX1.73 GBX315.00 x
1994-12-31 GBX2.22 GBX315.00 x
1995-12-31 GBX2.22 GBX315.00 x
1996-12-31 GBX2.49 GBX315.00 x
1997-12-31 GBX2.75 GBX315.00 x
1998-12-31 GBX2.81 GBX315.00 x
1999-12-31 GBX2.34 GBX315.00 x
2000-12-31 GBX2.44 GBX315.00 x
2001-12-31 GBX2.53 GBX315.00 x
2002-12-31 GBX2.61 GBX315.00 x
2003-12-31 GBX2.50 GBX315.00 x
2004-12-31 GBX1.86 GBX315.00 x
2005-12-31 GBX2.06 GBX315.00 x
2006-12-31 GBX2.35 GBX315.00 x
2007-12-31 GBX2.70 GBX315.00 x
2008-12-31 GBX2.61 GBX315.00 x
2009-12-31 GBX2.24 GBX315.00 x
2010-12-31 GBX2.42 GBX315.00 x
2011-12-31 GBX2.53 GBX315.00 x
2012-12-31 GBX2.40 GBX315.00 x
2013-12-31 GBX2.57 GBX315.00 x
2014-12-31 GBX2.56 GBX315.00 x
2015-12-31 GBX2.80 GBX315.00 x
2016-12-31 GBX2.59 GBX315.00 x
2017-12-31 GBX3.06 GBX315.00 x
2018-12-31 GBX3.43 GBX315.00 x
2019-12-31 GBX3.78 GBX315.00 x
2020-12-31 GBX3.37 GBX315.00 x
2021-12-31 GBX3.87 GBX315.00 x
2022-12-31 GBX5.15 GBX315.00 x
2023-12-31 GBX5.45 GBX315.00 x
2024-12-31 GBX5.57 GBX315.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Churchill China plc 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): 10.39%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 8.13%
  • • Asset Turnover: 0.99x
  • • Equity Multiplier: 1.29x
  • Recent ROE (10.39%) is above the historical average (10.34%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1991 18.03% 5.37% 1.90x 1.77x GBX753.00K
1992 11.55% 5.30% 1.57x 1.39x GBX225.60K
1993 10.30% 4.63% 1.64x 1.36x GBX47.90K
1994 11.50% 5.76% 1.40x 1.43x GBX318.80K
1995 14.82% 7.42% 1.36x 1.47x GBX1.14 Million
1996 16.20% 7.92% 1.40x 1.46x GBX1.64 Million
1997 14.57% 7.91% 1.31x 1.40x GBX1.34 Million
1998 3.34% 1.97% 1.29x 1.32x GBX-2.00 Million
1999 -16.56% -9.05% 1.34x 1.36x GBX-6.62 Million
2000 7.12% 3.71% 1.40x 1.37x GBX-748.70K
2001 9.08% 4.78% 1.41x 1.34x GBX-252.00K
2002 5.13% 2.81% 1.36x 1.34x GBX-1.35 Million
2003 2.28% 1.23% 1.40x 1.32x GBX-2.06 Million
2004 8.58% 3.52% 1.40x 1.74x GBX-285.30K
2005 11.93% 5.77% 1.32x 1.57x GBX433.40K
2006 16.03% 8.95% 1.26x 1.42x GBX1.55 Million
2007 12.43% 7.87% 1.18x 1.33x GBX721.90K
2008 5.26% 3.59% 1.04x 1.41x GBX-1.36 Million
2009 6.34% 3.73% 1.01x 1.69x GBX-897.60K
2010 6.52% 3.96% 1.09x 1.51x GBX-925.90K
2011 7.58% 4.96% 1.05x 1.45x GBX-669.30K
2012 9.17% 5.86% 1.02x 1.53x GBX-219.10K
2013 9.71% 6.40% 1.04x 1.45x GBX-82.20K
2014 12.03% 7.67% 1.02x 1.53x GBX575.40K
2015 13.21% 8.73% 1.04x 1.46x GBX993.50K
2016 18.46% 10.34% 1.04x 1.72x GBX2.42 Million
2017 18.92% 11.98% 1.04x 1.52x GBX3.02 Million
2018 18.96% 12.52% 1.05x 1.44x GBX3.40 Million
2019 21.66% 13.43% 1.11x 1.45x GBX4.88 Million
2020 0.30% 0.31% 0.67x 1.47x GBX-3.60 Million
2021 9.76% 6.85% 0.95x 1.51x GBX-102.30K
2022 13.94% 9.57% 1.09x 1.34x GBX2.23 Million
2023 12.87% 9.37% 1.02x 1.34x GBX1.72 Million
2024 10.39% 8.13% 0.99x 1.29x GBX238.70K

Industry Comparison

This section compares Churchill China plc's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.

Industry Context

  • Industry: Furnishings, Fixtures & Appliances
  • Average net assets among peers: $9,126,300
  • Average return on equity (ROE) among peers: 13.91%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Churchill China plc (CHH) GBX60.66 Million 18.03% 0.23x $5.43K
Colefax Group (CFX) $11.59 Million 25.77% 1.59x $7.10K
Headlam Group (HEAD) $1.77 Million 0.90% 1.16x $5.57K
Likewise Group PLC (LIKE) $11.59 Million -26.51% 2.20x $7.43K
Ultimate Products Plc (ULTP) $11.55 Million 55.49% 2.96x $4.87K