CSG Holding Co Ltd (000012) - Net Assets

Latest as of March 2026: CN¥13.44 Billion CNY ≈ $1.97 Billion USD

Based on the latest financial reports, CSG Holding Co Ltd (000012) has net assets worth CN¥13.44 Billion CNY (≈ $1.97 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥31.69 Billion ≈ $4.64 Billion USD) and total liabilities (CN¥18.25 Billion ≈ $2.67 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 CSG Holding Co Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥13.44 Billion
% of Total Assets 42.41%
Annual Growth Rate 16.42%
5-Year Change 14.23%
10-Year Change 66.74%
Growth Volatility 38.83

CSG Holding Co Ltd - Net Assets Trend (1990–2025)

This chart illustrates how CSG Holding Co Ltd's net assets have evolved over time, based on quarterly financial data. See CSG Holding Co Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for CSG Holding Co Ltd (1990–2025)

The table below shows the annual net assets of CSG Holding Co Ltd from 1990 to 2025. For live valuation and market cap data, see 000012 stock market capitalisation.

Year Net Assets Change
2025-12-31 CN¥13.55 Billion
≈ $1.98 Billion		 -3.20%
2024-12-31 CN¥14.00 Billion
≈ $2.05 Billion		 -3.67%
2023-12-31 CN¥14.54 Billion
≈ $2.13 Billion		 +8.68%
2022-12-31 CN¥13.38 Billion
≈ $1.96 Billion		 +12.72%
2021-12-31 CN¥11.87 Billion
≈ $1.74 Billion		 +11.78%
2020-12-31 CN¥10.62 Billion
≈ $1.55 Billion		 +7.60%
2019-12-31 CN¥9.87 Billion
≈ $1.44 Billion		 +4.41%
2018-12-31 CN¥9.45 Billion
≈ $1.38 Billion		 +7.63%
2017-12-31 CN¥8.78 Billion
≈ $1.28 Billion		 +8.00%
2016-12-31 CN¥8.13 Billion
≈ $1.19 Billion		 +6.33%
2015-12-31 CN¥7.65 Billion
≈ $1.12 Billion		 -10.20%
2014-12-31 CN¥8.51 Billion
≈ $1.25 Billion		 +1.34%
2013-12-31 CN¥8.40 Billion
≈ $1.23 Billion		 +15.58%
2012-12-31 CN¥7.27 Billion
≈ $1.06 Billion		 -0.52%
2011-12-31 CN¥7.31 Billion
≈ $1.07 Billion		 +8.09%
2010-12-31 CN¥6.76 Billion
≈ $989.09 Million		 +20.46%
2009-12-31 CN¥5.61 Billion
≈ $821.08 Million		 +16.58%
2008-12-31 CN¥4.81 Billion
≈ $704.30 Million		 +12.31%
2007-12-31 CN¥4.29 Billion
≈ $627.12 Million		 +45.73%
2006-12-31 CN¥2.94 Billion
≈ $430.32 Million		 +8.28%
2005-12-31 CN¥2.72 Billion
≈ $397.40 Million		 +10.52%
2004-12-31 CN¥2.46 Billion
≈ $359.56 Million		 +11.53%
2003-12-31 CN¥2.20 Billion
≈ $322.38 Million		 +11.05%
2002-12-31 CN¥1.98 Billion
≈ $290.30 Million		 +5.48%
2001-12-31 CN¥1.88 Billion
≈ $275.22 Million		 -0.49%
2000-12-31 CN¥1.89 Billion
≈ $276.59 Million		 +4.86%
1999-12-31 CN¥1.80 Billion
≈ $263.76 Million		 -9.48%
1998-12-31 CN¥1.99 Billion
≈ $291.40 Million		 +0.73%
1997-12-31 CN¥1.98 Billion
≈ $289.28 Million		 +41.65%
1996-12-31 CN¥1.40 Billion
≈ $204.21 Million		 +34.48%
1995-12-31 CN¥1.04 Billion
≈ $151.86 Million		 +3.99%
1994-12-31 CN¥997.98 Million
≈ $146.04 Million		 +17.28%
1993-12-31 CN¥850.96 Million
≈ $124.52 Million		 +185.25%
1992-12-31 CN¥298.32 Million
≈ $43.65 Million		 +103.64%
1991-12-31 CN¥146.50 Million
≈ $21.44 Million		 +121.32%
1990-12-31 CN¥66.19 Million
≈ $9.69 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 47119.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings CN¥8.09 Billion 61.53%
Other Components CN¥5.06 Billion 38.47%
Total Equity CN¥13.15 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
Bank Pan Indonesia Tbk
JK:PNBN
 $1.30 Billion
Celltrion Pharm Inc
KQ:068760
 $1.30 Billion
Changsha DIALINE New Material Sci & Tech Co Ltd
SHE:300700
 $1.30 Billion
Shenzhen Beauty Star Co Ltd
SHE:002243
 $1.30 Billion
OC Oerlikon Corp AG
SW:OERL
 $1.30 Billion
Karooooo Ltd
JSE:KRO
 $1.30 Billion
Sunward Intelligent Equipment Co Ltd
SHE:002097
 $1.30 Billion
Guangdong Marubi Biotechnology Co
SHG:603983
 $1.30 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 2024 to 2025, total equity changed from 13,535,949,795 to 13,145,488,958, a change of -390,460,837 (-2.9%).
  • Net income of 125,668,291 contributed positively to equity growth.
  • Dividend payments of 478,086,065 reduced retained earnings.
  • Other comprehensive income decreased equity by 1,591,892,903.
  • Other factors increased equity by 1,553,849,840.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CN¥125.67 Million +0.96%
Dividends Paid CN¥478.09 Million -3.64%
Other Comprehensive Income CN¥-1.59 Billion -12.11%
Other Changes CN¥1.55 Billion +11.82%
Total Change CN¥- -2.88%

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: 1.06x
  • 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 80.30x to 1.06x 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¥4.52 x
1992-12-31 CN¥0.11 CN¥4.52 x
1993-12-31 CN¥0.31 CN¥4.52 x
1994-12-31 CN¥0.36 CN¥4.52 x
1995-12-31 CN¥0.37 CN¥4.52 x
1996-12-31 CN¥0.51 CN¥4.52 x
1997-12-31 CN¥0.73 CN¥4.52 x
1998-12-31 CN¥0.74 CN¥4.52 x
1999-12-31 CN¥0.67 CN¥4.52 x
2000-12-31 CN¥0.70 CN¥4.52 x
2001-12-31 CN¥0.71 CN¥4.52 x
2002-12-31 CN¥0.73 CN¥4.52 x
2003-12-31 CN¥0.81 CN¥4.52 x
2004-12-31 CN¥0.89 CN¥4.52 x
2005-12-31 CN¥0.95 CN¥4.52 x
2006-12-31 CN¥1.05 CN¥4.52 x
2007-12-31 CN¥1.54 CN¥4.52 x
2008-12-31 CN¥1.53 CN¥4.52 x
2009-12-31 CN¥1.76 CN¥4.52 x
2010-12-31 CN¥2.11 CN¥4.52 x
2011-12-31 CN¥2.30 CN¥4.52 x
2012-12-31 CN¥2.22 CN¥4.52 x
2013-12-31 CN¥2.67 CN¥4.52 x
2014-12-31 CN¥2.71 CN¥4.52 x
2015-12-31 CN¥2.56 CN¥4.52 x
2016-12-31 CN¥2.55 CN¥4.52 x
2017-12-31 CN¥2.70 CN¥4.52 x
2018-12-31 CN¥2.81 CN¥4.52 x
2019-12-31 CN¥3.06 CN¥4.52 x
2020-12-31 CN¥3.33 CN¥4.52 x
2021-12-31 CN¥3.72 CN¥4.52 x
2022-12-31 CN¥4.19 CN¥4.52 x
2023-12-31 CN¥4.58 CN¥4.52 x
2024-12-31 CN¥4.57 CN¥4.52 x
2025-12-31 CN¥4.28 CN¥4.52 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): 0.96%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 0.92%
  • • Asset Turnover: 0.44x
  • • Equity Multiplier: 2.38x
  • Recent ROE (0.96%) is below the historical average (10.59%), 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
2025 0.96% 0.92% 0.44x 2.38x CN¥-1.19 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: $5,020,662,947
  • Average return on equity (ROE) among peers: 11.65%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
CSG Holding Co Ltd (000012) CN¥13.44 Billion 17.40% 1.36x $1.30 Billion
Tangshan Jidong Cement Co Ltd (000401) $13.37 Billion 1.35% 2.11x $1.48 Billion
Gansu Shangfeng Cement Co Ltd (000672) $1.86 Billion 4.17% 1.51x $2.45 Billion
Jiangxi Wannianqing Cement Co Ltd (000789) $6.09 Billion 18.67% 0.65x $491.25 Million
Xinjiang Tianshan Cement Co Ltd (000877) $9.19 Billion 13.50% 0.85x $4.20 Billion
Sinostone Guangdong Co Ltd (001212) $1.36 Billion 10.39% 0.16x $1.41 Billion
Ruitai Materials Technology Co Ltd (002066) $1.09 Billion 2.54% 2.42x $766.55 Million
Guangdong Tapai Group Co Ltd (002233) $11.75 Billion 15.63% 0.18x $1.30 Billion
China West Construction Group Co Ltd (002302) $344.53 Million 16.34% 0.55x $888.51 Million
Hubei Guochuang Hi-tech Material Co Ltd (002377) $124.22 Million 22.26% 2.77x $366.06 Million

About CSG Holding Co Ltd

SHE:000012 China Building Materials
Market Cap
$1.30 Billion
CN¥8.87 Billion CNY
Market Cap Rank
#7972 Global
#1909 in China
Share Price
CN¥4.52
Change (1 day)
+9.98%
52-Week Range
CN¥3.64 - 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