Churchill China plc (CHH) - Net Assets
Based on the latest financial reports, Churchill China plc (CHH) has net assets worth GBX61.54 Million GBX (≈ $7.49K USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX80.33 Million ≈ $9.77K USD) and total liabilities (GBX18.79 Million ≈ $2.29K 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 Churchill China plc liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX61.54 Million |
| % of Total Assets | 76.61% |
| Annual Growth Rate | 5.69% |
| 5-Year Change | 44.18% |
| 10-Year Change | 114.98% |
| Growth Volatility | 14.47 |
Churchill China plc - Net Assets Trend (1991–2025)
This chart illustrates how Churchill China plc's net assets have evolved over time, based on quarterly financial data. Also explore CHH total asset value for the complete picture of this company's asset base.
Annual Net Assets for Churchill China plc (1991–2025)
The table below shows the annual net assets of Churchill China plc from 1991 to 2025. For live valuation and market cap data, see CHH stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | GBX61.54 Million ≈ $7.49K |
+0.45% |
| 2024-12-31 | GBX61.26 Million ≈ $7.45K |
+2.21% |
| 2023-12-31 | GBX59.94 Million ≈ $7.29K |
+5.81% |
| 2022-12-31 | GBX56.65 Million ≈ $6.89K |
+32.72% |
| 2021-12-31 | GBX42.68 Million ≈ $5.19K |
+14.92% |
| 2020-12-31 | GBX37.14 Million ≈ $4.52K |
-11.23% |
| 2019-12-31 | GBX41.84 Million ≈ $5.09K |
+10.20% |
| 2018-12-31 | GBX37.97 Million ≈ $4.62K |
+12.02% |
| 2017-12-31 | GBX33.89 Million ≈ $4.12K |
+18.40% |
| 2016-12-31 | GBX28.62 Million ≈ $3.48K |
-7.44% |
| 2015-12-31 | GBX30.93 Million ≈ $3.76K |
+8.87% |
| 2014-12-31 | GBX28.41 Million ≈ $3.46K |
-0.09% |
| 2013-12-31 | GBX28.43 Million ≈ $3.46K |
+7.45% |
| 2012-12-31 | GBX26.46 Million ≈ $3.22K |
-4.31% |
| 2011-12-31 | GBX27.65 Million ≈ $3.36K |
+4.08% |
| 2010-12-31 | GBX26.57 Million ≈ $3.23K |
+8.29% |
| 2009-12-31 | GBX24.54 Million ≈ $2.99K |
-14.24% |
| 2008-12-31 | GBX28.61 Million ≈ $3.48K |
-3.77% |
| 2007-12-31 | GBX29.73 Million ≈ $3.62K |
+15.90% |
| 2006-12-31 | GBX25.65 Million ≈ $3.12K |
+14.29% |
| 2005-12-31 | GBX22.45 Million ≈ $2.73K |
+11.60% |
| 2004-12-31 | GBX20.11 Million ≈ $2.45K |
-24.74% |
| 2003-12-31 | GBX26.72 Million ≈ $3.25K |
-3.97% |
| 2002-12-31 | GBX27.83 Million ≈ $3.39K |
+1.74% |
| 2001-12-31 | GBX27.35 Million ≈ $3.33K |
+5.12% |
| 2000-12-31 | GBX26.02 Million ≈ $3.17K |
+4.44% |
| 1999-12-31 | GBX24.91 Million ≈ $3.03K |
-16.84% |
| 1998-12-31 | GBX29.95 Million ≈ $3.64K |
+2.47% |
| 1997-12-31 | GBX29.23 Million ≈ $3.56K |
+10.51% |
| 1996-12-31 | GBX26.45 Million ≈ $3.22K |
+12.34% |
| 1995-12-31 | GBX23.55 Million ≈ $2.86K |
+10.80% |
| 1994-12-31 | GBX21.25 Million ≈ $2.59K |
+31.26% |
| 1993-12-31 | GBX16.19 Million ≈ $1.97K |
+11.40% |
| 1992-12-31 | GBX14.53 Million ≈ $1.77K |
+54.95% |
| 1991-12-31 | GBX9.38 Million ≈ $1.14K |
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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 532.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX57.32 Million | 93.15% |
| Common Stock | GBX1.10 Million | 1.79% |
| Other Comprehensive Income | GBX1.20 Million | 1.94% |
| Other Components | GBX1.92 Million | 3.12% |
| Total Equity | GBX61.54 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 |
|---|---|
|
Corcel PLC
LSE:CRCL
|
$445.52K |
|
Henderson Diversified Income Trust PLC
LSE:HDIV
|
$448.16K |
|
Global Gas Corporation
NASDAQ:HGAS
|
$448.70K |
|
Hemogenyx Pharmaceuticals PLC
LSE:HEMO
|
$450.09K |
|
System1 Group PLC
LSE:SYS1
|
$444.64K |
|
Imperial Ginseng Products Ltd
V:IGP
|
$442.86K |
|
GetBusy PLC
LSE:GETB
|
$440.99K |
|
RT Minerals Corp
V:RTM
|
$440.16K |
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 2024 to 2025, total equity changed from 61,263,000 to 61,539,000, a change of 276,000 (0.5%).
- Net income of 4,361,000 contributed positively to equity growth.
- Dividend payments of 3,684,000 reduced retained earnings.
- Other comprehensive income increased equity by 35,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX4.36 Million | +7.09% |
| Dividends Paid | GBX3.68 Million | -5.99% |
| Other Comprehensive Income | GBX35.00K | +0.06% |
| Other Changes | GBX-436.00K | -0.71% |
| Total Change | GBX- | 0.45% |
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: 59.42x
- 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 332.18x to 59.42x 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 | GBX332.50 | x |
| 1992-12-31 | GBX1.55 | GBX332.50 | x |
| 1993-12-31 | GBX1.73 | GBX332.50 | x |
| 1994-12-31 | GBX2.22 | GBX332.50 | x |
| 1995-12-31 | GBX2.22 | GBX332.50 | x |
| 1996-12-31 | GBX2.49 | GBX332.50 | x |
| 1997-12-31 | GBX2.75 | GBX332.50 | x |
| 1998-12-31 | GBX2.81 | GBX332.50 | x |
| 1999-12-31 | GBX2.34 | GBX332.50 | x |
| 2000-12-31 | GBX2.44 | GBX332.50 | x |
| 2001-12-31 | GBX2.53 | GBX332.50 | x |
| 2002-12-31 | GBX2.61 | GBX332.50 | x |
| 2003-12-31 | GBX2.50 | GBX332.50 | x |
| 2004-12-31 | GBX1.86 | GBX332.50 | x |
| 2005-12-31 | GBX2.06 | GBX332.50 | x |
| 2006-12-31 | GBX2.35 | GBX332.50 | x |
| 2007-12-31 | GBX2.70 | GBX332.50 | x |
| 2008-12-31 | GBX2.61 | GBX332.50 | x |
| 2009-12-31 | GBX2.24 | GBX332.50 | x |
| 2010-12-31 | GBX2.42 | GBX332.50 | x |
| 2011-12-31 | GBX2.53 | GBX332.50 | x |
| 2012-12-31 | GBX2.40 | GBX332.50 | x |
| 2013-12-31 | GBX2.57 | GBX332.50 | x |
| 2014-12-31 | GBX2.56 | GBX332.50 | x |
| 2015-12-31 | GBX2.80 | GBX332.50 | x |
| 2016-12-31 | GBX2.59 | GBX332.50 | x |
| 2017-12-31 | GBX3.06 | GBX332.50 | x |
| 2018-12-31 | GBX3.43 | GBX332.50 | x |
| 2019-12-31 | GBX3.78 | GBX332.50 | x |
| 2020-12-31 | GBX3.37 | GBX332.50 | x |
| 2021-12-31 | GBX3.87 | GBX332.50 | x |
| 2022-12-31 | GBX5.15 | GBX332.50 | x |
| 2023-12-31 | GBX5.45 | GBX332.50 | x |
| 2024-12-31 | GBX5.57 | GBX332.50 | x |
| 2025-12-31 | GBX5.60 | GBX332.50 | 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): 7.09%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.72%
- • Asset Turnover: 0.95x
- • Equity Multiplier: 1.31x
- Recent ROE (7.09%) is below the historical average (10.24%), suggesting potential challenges in 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 |
| 2025 | 7.09% | 5.72% | 0.95x | 1.31x | GBX-1.79 Million |
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: $168,691,111
- Average return on equity (ROE) among peers: 14.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Churchill China plc (CHH) | GBX61.54 Million | 18.03% | 0.31x | $444.92K |
| Colefax Group (CFX) | $9.48 Million | 2.12% | 1.09x | $826.48K |
| Headlam Group (HEAD) | $119.45 Million | 16.10% | 1.50x | $410.26K |
| Howden Joinery Group Plc (HWDN) | $991.50 Million | 31.72% | 1.07x | $50.30 Million |
| Likewise Group PLC (LIKE) | $2.69 Million | 28.55% | 1.44x | $758.17K |
| Portmeirion Group PLC (PMP) | $18.20 Million | 5.84% | 0.33x | $160.20K |
| Sanderson Design Group PLC (SDG) | $21.39 Million | 14.15% | 1.37x | $633.06K |
| Victoria PLC (VCP) | $18.12 Million | 0.00% | 0.76x | $491.23K |
About Churchill China plc
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