Shenzhen Investment Bay Area Co Ltd
Shenzhen Investment Holdings Bay Area Development Company Limited, an investment holding company, initiates, promotes, develops, and operates toll expressways and bridges in the People's Republic of China. It operates through Coastal Expressway (Shenzhen Section), GS Superhighway, GZ West Superhighway, and Xintang Interchange segments. The company operates toll expressway projects comprising Guan… Read more
Shenzhen Investment Bay Area Co Ltd (SIHBY) - Net Assets
Latest net assets as of September 2025: $7.72 Billion USD
Based on the latest financial reports, Shenzhen Investment Bay Area Co Ltd (SIHBY) has net assets worth $7.72 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($13.17 Billion) and total liabilities ($5.45 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 | $7.72 Billion |
| % of Total Assets | 58.64% |
| Annual Growth Rate | 9.78% |
| 5-Year Change | 52.73% |
| 10-Year Change | 13.69% |
| Growth Volatility | 33216068904.12 |
Shenzhen Investment Bay Area Co Ltd - Net Assets Trend (2001–2024)
This chart illustrates how Shenzhen Investment Bay Area Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Shenzhen Investment Bay Area Co Ltd (2001–2024)
The table below shows the annual net assets of Shenzhen Investment Bay Area Co Ltd from 2001 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $7.64 Billion | -0.83% |
| 2023-12-31 | $7.70 Billion | +4.30% |
| 2022-12-31 | $7.39 Billion | +45.43% |
| 2021-12-31 | $5.08 Billion | +1.54% |
| 2020-12-31 | $5.00 Billion | +2.70% |
| 2019-12-31 | $4.87 Billion | +162878862776.25% |
| 2018-12-31 | $2.99 | -100.00% |
| 2017-12-31 | $5.18 Billion | -6.87% |
| 2016-12-31 | $5.56 Billion | -17.29% |
| 2015-12-31 | $6.72 Billion | -7.95% |
| 2014-12-31 | $7.30 Billion | +0.18% |
| 2013-12-31 | $7.29 Billion | -4.39% |
| 2012-12-31 | $7.62 Billion | +3.79% |
| 2011-12-31 | $7.34 Billion | -0.48% |
| 2010-12-31 | $7.38 Billion | +1.01% |
| 2009-12-31 | $7.30 Billion | -1.22% |
| 2008-12-31 | $7.39 Billion | -28.35% |
| 2007-12-31 | $10.32 Billion | -3.00% |
| 2006-12-31 | $10.64 Billion | -0.01% |
| 2005-12-31 | $10.64 Billion | +5.28% |
| 2004-12-31 | $10.11 Billion | +3.37% |
| 2003-12-31 | $9.78 Billion | +569.38% |
| 2002-12-31 | $1.46 Billion | +63.56% |
| 2001-12-31 | $892.92 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Investment Bay Area Co Ltd'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 144471700000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.44 Billion | 31.75% |
| Common Stock | $270.60 Million | 5.95% |
| Other Comprehensive Income | $497.37 Million | 10.93% |
| Other Components | $2.34 Billion | 51.37% |
| Total Equity | $4.55 Billion | 100.00% |
Shenzhen Investment Bay Area Co Ltd Competitors by Market Cap
The table below lists competitors of Shenzhen Investment Bay Area Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Apartment Investment and Management Co
NYSE:AIV
|
$560.76 Million |
|
Wuhan Xianglong Power Industry Co Ltd
SHG:600769
|
$560.89 Million |
|
RVRC Holding AB
ST:RVRC
|
$560.90 Million |
|
Hallador Energy Company
NASDAQ:HNRG
|
$560.98 Million |
|
Fujian Tianma Science and Technology Group Co Ltd
SHG:603668
|
$560.16 Million |
|
Kinco Automation (Shanghai) Co. Ltd. A
SHG:688160
|
$560.07 Million |
|
Kvika banki hf
IC:KVIKA
|
$559.99 Million |
|
Newpark Resources Inc
NYSE:NR
|
$559.95 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Investment Bay Area Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,751,214,000 to 4,550,379,000, a change of -200,835,000 (-4.2%).
- Net income of 460,915,000 contributed positively to equity growth.
- Dividend payments of 608,020,000 reduced retained earnings.
- Other comprehensive income decreased equity by 65,443,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $460.92 Million | +10.13% |
| Dividends Paid | $608.02 Million | -13.36% |
| Other Comprehensive Income | $-65.44 Million | -1.44% |
| Other Changes | $11.71 Million | +0.26% |
| Total Change | $- | -4.23% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Investment Bay Area Co Ltd'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: 0.14x
- 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 |
|---|---|---|---|
| 2001-12-31 | $40.99 | $2.06 | x |
| 2002-12-31 | $57.13 | $2.06 | x |
| 2003-12-31 | $339.09 | $2.06 | x |
| 2004-12-31 | $346.93 | $2.06 | x |
| 2005-12-31 | $362.96 | $2.06 | x |
| 2006-12-31 | $356.95 | $2.06 | x |
| 2007-12-31 | $346.30 | $2.06 | x |
| 2008-12-31 | $247.88 | $2.06 | x |
| 2009-12-31 | $245.10 | $2.06 | x |
| 2010-12-31 | $247.43 | $2.06 | x |
| 2011-12-31 | $246.04 | $2.06 | x |
| 2012-12-31 | $24.57 | $2.06 | x |
| 2013-12-31 | $23.48 | $2.06 | x |
| 2014-12-31 | $23.52 | $2.06 | x |
| 2015-12-31 | $21.65 | $2.06 | x |
| 2016-12-31 | $32.61 | $2.06 | x |
| 2017-12-31 | $167.05 | $2.06 | x |
| 2018-12-31 | $0.00 | $2.06 | x |
| 2019-12-31 | $15.73 | $2.06 | x |
| 2020-12-31 | $16.15 | $2.06 | x |
| 2021-12-31 | $16.41 | $2.06 | x |
| 2022-12-31 | $14.72 | $2.06 | x |
| 2023-12-31 | $15.42 | $2.06 | x |
| 2024-12-31 | $14.77 | $2.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Investment Bay Area Co Ltd 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): 10.13%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 52.41%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 2.81x
- Recent ROE (10.13%) is below the historical average (14.40%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 64.84% | 57.97% | 0.07x | 15.75x | $478.78 Million |
| 2002 | 39.59% | 51.74% | 0.08x | 9.27x | $422.84 Million |
| 2003 | 8.17% | 60.25% | 0.08x | 1.67x | $-178.12 Million |
| 2004 | 9.72% | 60.67% | 0.10x | 1.64x | $-28.25 Million |
| 2005 | 10.96% | 65.05% | 0.11x | 1.56x | $101.37 Million |
| 2006 | 12.38% | 66.55% | 0.12x | 1.60x | $251.90 Million |
| 2007 | 17.09% | 116.33% | 0.10x | 1.50x | $728.41 Million |
| 2008 | 12.70% | 35.02% | 0.21x | 1.75x | $198.59 Million |
| 2009 | 11.52% | 27.62% | 0.22x | 1.94x | $110.11 Million |
| 2010 | 11.56% | 26.72% | 0.20x | 2.17x | $113.96 Million |
| 2011 | 11.52% | 26.25% | 0.18x | 2.42x | $110.56 Million |
| 2012 | 7.94% | 24.16% | 0.15x | 2.15x | $-156.33 Million |
| 2013 | 8.30% | 0.00% | 0.00x | 1.12x | $-122.86 Million |
| 2014 | 7.17% | 0.00% | 0.00x | 1.06x | $-205.09 Million |
| 2015 | 7.66% | 0.00% | 0.00x | 1.03x | $-155.93 Million |
| 2016 | 11.27% | 0.00% | 0.00x | 1.02x | $70.04 Million |
| 2017 | 12.75% | 0.00% | 0.00x | 1.09x | $141.39 Million |
| 2018 | 12.46% | 0.00% | 0.00x | 1.02x | $0.07 |
| 2019 | 12.63% | 0.00% | 0.00x | 1.08x | $127.42 Million |
| 2020 | 13.83% | 0.00% | 0.00x | 1.33x | $190.85 Million |
| 2021 | 14.07% | 115.96% | 0.09x | 1.42x | $205.80 Million |
| 2022 | 6.14% | 35.28% | 0.06x | 2.69x | $-175.03 Million |
| 2023 | 11.12% | 55.94% | 0.08x | 2.61x | $53.36 Million |
| 2024 | 10.13% | 52.41% | 0.07x | 2.81x | $5.88 Million |
Industry Comparison
This section compares Shenzhen Investment Bay Area Co Ltd's net assets metrics with peer companies in the Infrastructure Operations industry.
Industry Context
- Industry: Infrastructure Operations
- Average net assets among peers: $4,335,162,044,234
- Average return on equity (ROE) among peers: 9.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Investment Bay Area Co Ltd (SIHBY) | $7.72 Billion | 64.84% | 0.71x | $560.29 Million |
| Mobile Infrastructure Corporation (BEEP) | $167.61 Million | -4.64% | 0.93x | $36.57 Million |
| Yuexiu Transport Infrastructure Limited (GZITF) | $10.44 Billion | 5.83% | 0.68x | $388.13 Million |
| Jiangsu Expressway Company Limited (JEXYF) | $32.68 Billion | 12.85% | 0.70x | $2.03 Billion |
| Atlas Arteria Limited (MAQAF) | $6.49 Billion | 4.11% | 0.28x | $4.64 Billion |
| PT Jasa Marga (Persero) Tbk (PTJSF) | $38.91 Trillion | 17.46% | 2.32x | $448.70 Million |
| Promotora y Operadora de Infraestructura S. A. B. de C. V (PYOIF) | $33.03 Billion | 14.49% | 0.24x | $1.91 Billion |
| Q-Free ASA (QFREF) | $414.23 Million | -5.00% | 1.58x | $128.29 Million |
| Shenzhen Expressway Company Limited (SHZNF) | $10.87 Billion | 6.30% | 1.23x | $529.41 Million |
| Transurban Group (TRAUF) | $11.15 Billion | 29.62% | 2.20x | $24.79 Billion |