CSG Holding Co Ltd

SHE:000012 China Building Materials
Market Cap
$1.29 Billion
CN¥9.43 Billion CNY
Market Cap Rank
#5661 Global
#760 in China
Share Price
CN¥4.81
Change (1 day)
-0.21%
52-Week Range
CN¥4.43 - CN¥5.18
All Time High
CN¥17.87
Categories
Companies in China Building Materials
About

CSG Holding Co., Ltd. researches, develops, manufactures, and sells glass products in Mainland and internationally. It operates through Glass, Electronic Glass and Display device, and Solar Energy and Other segments. The Glass segment engages in the production and sale of float, photovoltaic, and engineering glass products; and silica sand to produce related glass products. It also offers archite… Read more

CSG Holding Co Ltd (000012) - Net Assets

Latest net assets as of September 2025: CN¥13.71 Billion CNY

Based on the latest financial reports, CSG Holding Co Ltd (000012) has net assets worth CN¥13.71 Billion CNY as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥31.27 Billion) and total liabilities (CN¥17.56 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 CN¥13.71 Billion
% of Total Assets 43.83%
Annual Growth Rate 17.06%
5-Year Change 31.9%
10-Year Change 83.15%
Growth Volatility 39.18

CSG Holding Co Ltd - Net Assets Trend (1990–2024)

This chart illustrates how CSG Holding 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 CSG Holding Co Ltd (1990–2024)

The table below shows the annual net assets of CSG Holding Co Ltd from 1990 to 2024.

Year Net Assets Change
2024-12-31 CN¥14.00 Billion -3.67%
2023-12-31 CN¥14.54 Billion +8.68%
2022-12-31 CN¥13.38 Billion +12.72%
2021-12-31 CN¥11.87 Billion +11.78%
2020-12-31 CN¥10.62 Billion +7.60%
2019-12-31 CN¥9.87 Billion +4.41%
2018-12-31 CN¥9.45 Billion +7.63%
2017-12-31 CN¥8.78 Billion +8.00%
2016-12-31 CN¥8.13 Billion +6.33%
2015-12-31 CN¥7.65 Billion -10.20%
2014-12-31 CN¥8.51 Billion +1.34%
2013-12-31 CN¥8.40 Billion +15.58%
2012-12-31 CN¥7.27 Billion -0.52%
2011-12-31 CN¥7.31 Billion +8.09%
2010-12-31 CN¥6.76 Billion +20.46%
2009-12-31 CN¥5.61 Billion +16.58%
2008-12-31 CN¥4.81 Billion +12.31%
2007-12-31 CN¥4.29 Billion +45.73%
2006-12-31 CN¥2.94 Billion +8.28%
2005-12-31 CN¥2.72 Billion +10.52%
2004-12-31 CN¥2.46 Billion +11.53%
2003-12-31 CN¥2.20 Billion +11.05%
2002-12-31 CN¥1.98 Billion +5.48%
2001-12-31 CN¥1.88 Billion -0.49%
2000-12-31 CN¥1.89 Billion +4.86%
1999-12-31 CN¥1.80 Billion -9.48%
1998-12-31 CN¥1.99 Billion +0.73%
1997-12-31 CN¥1.98 Billion +41.65%
1996-12-31 CN¥1.40 Billion +34.48%
1995-12-31 CN¥1.04 Billion +3.99%
1994-12-31 CN¥997.98 Million +17.28%
1993-12-31 CN¥850.96 Million +185.25%
1992-12-31 CN¥298.32 Million +103.64%
1991-12-31 CN¥146.50 Million +121.32%
1990-12-31 CN¥66.19 Million --

Equity Component Analysis

This analysis shows how different components contribute to CSG Holding 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 47909.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥8.22 Billion 60.76%
Common Stock CN¥3.07 Billion 22.69%
Other Comprehensive Income CN¥1.59 Billion 11.76%
Other Components CN¥649.17 Million 4.80%
Total Equity CN¥13.54 Billion 100.00%

CSG Holding Co Ltd Competitors by Market Cap

The table below lists competitors of CSG Holding Co Ltd ranked by their market capitalization.

Company Market Cap
Taisei Corporation
PINK:TISCY
 		$1.58 Billion
SARTORIUS (UNSP.ADS)/1/5
F:SRT0
 		$1.58 Billion
Tsumura & Co
MU:TSUA
 		$1.58 Billion
PNB Housing Finance Limited
NSE:PNBHOUSING
 		$1.58 Billion
Highwealth Construction Corp
TW:2542
 		$1.58 Billion
Shaanxi Aerospace Power Hi-Tech Co Ltd
SHG:600343
 		$1.58 Billion
First Merchants Corporation Depository Shares
NASDAQ:FRMEP
 		$1.58 Billion
Livzon Pharmaceutical Group Inc
PINK:LVZPF
 		$1.58 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in CSG Holding Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 14,050,840,217 to 13,535,949,795, a change of -514,890,422 (-3.7%).
  • Net income of 266,772,317 contributed positively to equity growth.
  • Dividend payments of 1,050,959,870 reduced retained earnings.
  • Other comprehensive income increased equity by 67,461,170.
  • Other factors increased equity by 201,835,961.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥266.77 Million +1.97%
Dividends Paid CN¥1.05 Billion -7.76%
Other Comprehensive Income CN¥67.46 Million +0.5%
Other Changes CN¥201.84 Million +1.49%
Total Change CN¥- -3.66%

Book Value vs Market Value Analysis

This analysis compares CSG Holding 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: 1.05x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 85.45x to 1.05x 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 CN¥0.06 CN¥4.81 x
1992-12-31 CN¥0.11 CN¥4.81 x
1993-12-31 CN¥0.31 CN¥4.81 x
1994-12-31 CN¥0.36 CN¥4.81 x
1995-12-31 CN¥0.37 CN¥4.81 x
1996-12-31 CN¥0.51 CN¥4.81 x
1997-12-31 CN¥0.73 CN¥4.81 x
1998-12-31 CN¥0.74 CN¥4.81 x
1999-12-31 CN¥0.67 CN¥4.81 x
2000-12-31 CN¥0.70 CN¥4.81 x
2001-12-31 CN¥0.71 CN¥4.81 x
2002-12-31 CN¥0.73 CN¥4.81 x
2003-12-31 CN¥0.81 CN¥4.81 x
2004-12-31 CN¥0.89 CN¥4.81 x
2005-12-31 CN¥0.95 CN¥4.81 x
2006-12-31 CN¥1.05 CN¥4.81 x
2007-12-31 CN¥1.54 CN¥4.81 x
2008-12-31 CN¥1.53 CN¥4.81 x
2009-12-31 CN¥1.76 CN¥4.81 x
2010-12-31 CN¥2.11 CN¥4.81 x
2011-12-31 CN¥2.30 CN¥4.81 x
2012-12-31 CN¥2.22 CN¥4.81 x
2013-12-31 CN¥2.67 CN¥4.81 x
2014-12-31 CN¥2.71 CN¥4.81 x
2015-12-31 CN¥2.56 CN¥4.81 x
2016-12-31 CN¥2.55 CN¥4.81 x
2017-12-31 CN¥2.70 CN¥4.81 x
2018-12-31 CN¥2.81 CN¥4.81 x
2019-12-31 CN¥3.06 CN¥4.81 x
2020-12-31 CN¥3.33 CN¥4.81 x
2021-12-31 CN¥3.72 CN¥4.81 x
2022-12-31 CN¥4.19 CN¥4.81 x
2023-12-31 CN¥4.58 CN¥4.81 x
2024-12-31 CN¥4.57 CN¥4.81 x

Capital Efficiency Dashboard

This dashboard shows how efficiently CSG Holding 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): 1.97%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 1.73%
  • • Asset Turnover: 0.50x
  • • Equity Multiplier: 2.31x
  • Recent ROE (1.97%) is below the historical average (10.88%), 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 17.40% 22.92% 0.28x 2.68x CN¥10.85 Million
1992 21.83% 28.77% 0.51x 1.50x CN¥32.90 Million
1993 17.73% 30.65% 0.42x 1.37x CN¥61.74 Million
1994 17.30% 24.00% 0.50x 1.45x CN¥68.00 Million
1995 13.85% 18.79% 0.32x 2.33x CN¥37.42 Million
1996 11.50% 21.11% 0.25x 2.14x CN¥20.01 Million
1997 5.39% 14.14% 0.23x 1.67x CN¥-88.12 Million
1998 0.82% 2.09% 0.23x 1.71x CN¥-177.16 Million
1999 -9.71% -17.36% 0.34x 1.64x CN¥-344.52 Million
2000 10.10% 16.57% 0.40x 1.54x CN¥1.83 Million
2001 8.19% 14.53% 0.39x 1.46x CN¥-33.35 Million
2002 8.56% 15.47% 0.35x 1.56x CN¥-27.47 Million
2003 9.66% 15.33% 0.38x 1.66x CN¥-7.27 Million
2004 14.56% 18.01% 0.40x 2.04x CN¥106.14 Million
2005 12.78% 13.74% 0.42x 2.23x CN¥68.82 Million
2006 12.40% 11.04% 0.44x 2.58x CN¥63.09 Million
2007 10.77% 10.30% 0.50x 2.11x CN¥30.78 Million
2008 9.24% 9.83% 0.41x 2.28x CN¥-34.38 Million
2009 15.65% 15.76% 0.48x 2.05x CN¥300.39 Million
2010 22.79% 18.79% 0.62x 1.95x CN¥816.72 Million
2011 17.05% 14.34% 0.54x 2.21x CN¥487.12 Million
2012 4.03% 3.93% 0.49x 2.10x CN¥-406.87 Million
2013 19.08% 19.86% 0.51x 1.87x CN¥731.14 Million
2014 10.64% 12.40% 0.46x 1.86x CN¥52.78 Million
2015 6.97% 7.17% 0.47x 2.05x CN¥-231.59 Million
2016 10.22% 8.89% 0.52x 2.20x CN¥16.83 Million
2017 9.76% 7.59% 0.56x 2.31x CN¥-20.47 Million
2018 4.98% 4.27% 0.56x 2.10x CN¥-457.35 Million
2019 5.65% 5.12% 0.58x 1.92x CN¥-413.13 Million
2020 7.63% 7.30% 0.60x 1.75x CN¥-241.97 Million
2021 13.35% 11.16% 0.69x 1.74x CN¥383.43 Million
2022 15.85% 13.40% 0.59x 2.02x CN¥751.71 Million
2023 11.78% 9.10% 0.60x 2.16x CN¥250.53 Million
2024 1.97% 1.73% 0.50x 2.31x CN¥-1.09 Billion

Industry Comparison

This section compares CSG Holding Co Ltd's net assets metrics with peer companies in the Building Materials industry.

Industry Context

  • Industry: Building Materials
  • Average net assets among peers: $5,817,930,868
  • Average return on equity (ROE) among peers: 51.44%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
CSG Holding Co Ltd (000012) CN¥13.71 Billion 17.40% 1.28x $1.58 Billion
Tangshan Jidong Cement Co Ltd (000401) $30.60 Billion -4.84% 0.96x $788.07 Million
Gansu Shangfeng Cement Co Ltd (000672) $26.27 Million 402.35% 2.67x $782.48 Million
Jiangxi Wannianqing Cement Co Ltd (000789) $2.61 Billion 19.37% 1.69x $284.38 Million
Xinjiang Tianshan Cement Co Ltd (000877) $5.40 Billion 20.92% 1.84x $799.89 Million
Sinostone Guangdong Co Ltd (001212) $1.42 Billion 6.07% 0.18x $798.00 Million
Ruitai Materials Technology Co Ltd (002066) $882.60 Million 6.49% 1.50x $387.51 Million
Guangdong Tapai Group Co Ltd (002233) $3.82 Billion 10.48% 0.43x $830.46 Million
China West Construction Group Co Ltd (002302) $6.71 Billion 1.58% 1.72x $381.07 Million
Hubei Guochuang Hi-tech Material Co Ltd (002377) $895.70 Million 0.58% 0.68x $309.88 Million