Shijiazhuang Changshan Textile Co Ltd
Shijiazhuang ChangShan BeiMing Technology Co.,Ltd, together with its subsidiaries, engages in the textile, and software and IT services businesses in China and internationally. The company engages in the production and sale of pure cotton and blended yarns; import and export of self-produced products and technologies; and wholesale and retail of cotton. It also provides software and information t… Read more
Shijiazhuang Changshan Textile Co Ltd (000158) - Net Assets
Latest net assets as of September 2025: CN¥5.26 Billion CNY
Based on the latest financial reports, Shijiazhuang Changshan Textile Co Ltd (000158) has net assets worth CN¥5.26 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¥17.37 Billion) and total liabilities (CN¥12.11 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¥5.26 Billion |
| % of Total Assets | 30.28% |
| Annual Growth Rate | 9.37% |
| 5-Year Change | -10.28% |
| 10-Year Change | -0.29% |
| Growth Volatility | 31.81 |
Shijiazhuang Changshan Textile Co Ltd - Net Assets Trend (1997–2024)
This chart illustrates how Shijiazhuang Changshan Textile 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 Shijiazhuang Changshan Textile Co Ltd (1997–2024)
The table below shows the annual net assets of Shijiazhuang Changshan Textile Co Ltd from 1997 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥5.42 Billion | -6.90% |
| 2023-12-31 | CN¥5.82 Billion | -2.10% |
| 2022-12-31 | CN¥5.94 Billion | -3.70% |
| 2021-12-31 | CN¥6.17 Billion | +2.22% |
| 2020-12-31 | CN¥6.04 Billion | +1.98% |
| 2019-12-31 | CN¥5.92 Billion | -2.82% |
| 2018-12-31 | CN¥6.09 Billion | +1.33% |
| 2017-12-31 | CN¥6.01 Billion | +4.68% |
| 2016-12-31 | CN¥5.74 Billion | +5.73% |
| 2015-12-31 | CN¥5.43 Billion | +119.61% |
| 2014-12-31 | CN¥2.47 Billion | +1.28% |
| 2013-12-31 | CN¥2.44 Billion | +0.61% |
| 2012-12-31 | CN¥2.43 Billion | +0.53% |
| 2011-12-31 | CN¥2.41 Billion | +1.73% |
| 2010-12-31 | CN¥2.37 Billion | +2.06% |
| 2009-12-31 | CN¥2.33 Billion | +3.55% |
| 2008-12-31 | CN¥2.25 Billion | +38.52% |
| 2007-12-31 | CN¥1.62 Billion | +3.78% |
| 2006-12-31 | CN¥1.56 Billion | +2.13% |
| 2005-12-31 | CN¥1.53 Billion | +3.66% |
| 2004-12-31 | CN¥1.48 Billion | +0.86% |
| 2003-12-31 | CN¥1.46 Billion | +13.72% |
| 2002-12-31 | CN¥1.29 Billion | +3.06% |
| 2001-12-31 | CN¥1.25 Billion | +5.15% |
| 2000-12-31 | CN¥1.19 Billion | +121.94% |
| 1999-12-31 | CN¥535.08 Million | -6.45% |
| 1998-12-31 | CN¥571.99 Million | +18.69% |
| 1997-12-31 | CN¥481.91 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shijiazhuang Changshan Textile 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 59500974600.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥595.01 Million | 11.07% |
| Common Stock | CN¥1.60 Billion | 29.75% |
| Other Components | CN¥3.18 Billion | 59.18% |
| Total Equity | CN¥5.37 Billion | 100.00% |
Shijiazhuang Changshan Textile Co Ltd Competitors by Market Cap
The table below lists competitors of Shijiazhuang Changshan Textile Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tidewater Inc
NYSE:TDW
|
$2.82 Billion |
|
National Storage Affiliates Trust
NYSE:NSA
|
$2.82 Billion |
|
NMI Holdings Inc
NASDAQ:NMIH
|
$2.82 Billion |
|
Beijing Huafeng Test & Control Technology Co Ltd
SHG:688200
|
$2.82 Billion |
|
New York Community Bancorp Inc
NYSE:NYCB
|
$2.82 Billion |
|
Banca Mediolanum SpA
OTCGREY:BNMDF
|
$2.82 Billion |
|
Varonis Systems, Inc.
LSE:0VOU
|
$2.82 Billion |
|
Kennametal Inc
NYSE:KMT
|
$2.81 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shijiazhuang Changshan Textile Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,854,752,581 to 5,373,836,896, a change of -480,915,685 (-8.2%).
- Net loss of 593,467,183 reduced equity.
- Dividend payments of 269,472,038 reduced retained earnings.
- Other comprehensive income decreased equity by 383,215,657.
- Other factors increased equity by 765,239,193.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-593.47 Million | -11.04% |
| Dividends Paid | CN¥269.47 Million | -5.01% |
| Other Comprehensive Income | CN¥-383.22 Million | -7.13% |
| Other Changes | CN¥765.24 Million | +14.24% |
| Total Change | CN¥- | -8.21% |
Book Value vs Market Value Analysis
This analysis compares Shijiazhuang Changshan Textile 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: 5.98x
- 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 45.83x to 5.98x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | CN¥0.44 | CN¥20.03 | x |
| 1998-12-31 | CN¥0.56 | CN¥20.03 | x |
| 1999-12-31 | CN¥0.61 | CN¥20.03 | x |
| 2000-12-31 | CN¥1.44 | CN¥20.03 | x |
| 2001-12-31 | CN¥1.51 | CN¥20.03 | x |
| 2002-12-31 | CN¥1.56 | CN¥20.03 | x |
| 2003-12-31 | CN¥1.85 | CN¥20.03 | x |
| 2004-12-31 | CN¥1.86 | CN¥20.03 | x |
| 2005-12-31 | CN¥1.93 | CN¥20.03 | x |
| 2006-12-31 | CN¥1.95 | CN¥20.03 | x |
| 2007-12-31 | CN¥2.10 | CN¥20.03 | x |
| 2008-12-31 | CN¥2.47 | CN¥20.03 | x |
| 2009-12-31 | CN¥2.38 | CN¥20.03 | x |
| 2010-12-31 | CN¥2.67 | CN¥20.03 | x |
| 2011-12-31 | CN¥2.59 | CN¥20.03 | x |
| 2012-12-31 | CN¥2.54 | CN¥20.03 | x |
| 2013-12-31 | CN¥2.61 | CN¥20.03 | x |
| 2014-12-31 | CN¥2.35 | CN¥20.03 | x |
| 2015-12-31 | CN¥4.02 | CN¥20.03 | x |
| 2016-12-31 | CN¥3.44 | CN¥20.03 | x |
| 2017-12-31 | CN¥3.55 | CN¥20.03 | x |
| 2018-12-31 | CN¥3.60 | CN¥20.03 | x |
| 2019-12-31 | CN¥3.51 | CN¥20.03 | x |
| 2020-12-31 | CN¥3.76 | CN¥20.03 | x |
| 2021-12-31 | CN¥3.85 | CN¥20.03 | x |
| 2022-12-31 | CN¥3.72 | CN¥20.03 | x |
| 2023-12-31 | CN¥3.66 | CN¥20.03 | x |
| 2024-12-31 | CN¥3.35 | CN¥20.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shijiazhuang Changshan Textile 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): -11.04%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.73%
- • Asset Turnover: 0.54x
- • Equity Multiplier: 3.05x
- Recent ROE (-11.04%) is below the historical average (3.44%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 10.46% | 2.24% | 1.00x | 4.69x | CN¥1.58 Million |
| 1998 | 6.39% | 2.02% | 0.83x | 3.81x | CN¥-15.91 Million |
| 1999 | 17.19% | 5.01% | 1.23x | 2.78x | CN¥34.43 Million |
| 2000 | 8.22% | 5.11% | 0.97x | 1.66x | CN¥-20.20 Million |
| 2001 | 6.54% | 4.52% | 0.84x | 1.73x | CN¥-41.25 Million |
| 2002 | 6.71% | 4.36% | 0.91x | 1.70x | CN¥-40.55 Million |
| 2003 | 4.96% | 3.51% | 0.81x | 1.75x | CN¥-73.39 Million |
| 2004 | 2.62% | 1.66% | 0.75x | 2.10x | CN¥-108.14 Million |
| 2005 | 2.54% | 1.66% | 0.69x | 2.23x | CN¥-113.30 Million |
| 2006 | 3.32% | 1.93% | 0.80x | 2.16x | CN¥-103.87 Million |
| 2007 | 3.30% | 1.82% | 0.81x | 2.23x | CN¥-108.13 Million |
| 2008 | 5.29% | 3.94% | 0.69x | 1.94x | CN¥-105.63 Million |
| 2009 | 3.23% | 2.42% | 0.72x | 1.84x | CN¥-157.47 Million |
| 2010 | 2.30% | 1.48% | 0.78x | 2.00x | CN¥-182.62 Million |
| 2011 | 2.37% | 1.22% | 0.89x | 2.19x | CN¥-184.13 Million |
| 2012 | 0.48% | 0.23% | 0.88x | 2.36x | CN¥-230.94 Million |
| 2013 | 0.72% | 0.30% | 1.01x | 2.36x | CN¥-226.63 Million |
| 2014 | 0.98% | 0.37% | 1.18x | 2.25x | CN¥-223.05 Million |
| 2015 | 4.59% | 2.80% | 0.81x | 2.02x | CN¥-293.55 Million |
| 2016 | 6.10% | 3.19% | 0.86x | 2.23x | CN¥-224.01 Million |
| 2017 | 5.91% | 3.16% | 0.88x | 2.13x | CN¥-245.71 Million |
| 2018 | 3.06% | 1.93% | 0.68x | 2.32x | CN¥-422.47 Million |
| 2019 | 1.71% | 1.07% | 0.67x | 2.39x | CN¥-490.15 Million |
| 2020 | 1.68% | 1.02% | 0.66x | 2.48x | CN¥-500.29 Million |
| 2021 | 2.13% | 1.20% | 0.66x | 2.70x | CN¥-484.39 Million |
| 2022 | -3.49% | -2.15% | 0.58x | 2.78x | CN¥-802.80 Million |
| 2023 | -1.99% | -1.29% | 0.52x | 2.95x | CN¥-702.10 Million |
| 2024 | -11.04% | -6.73% | 0.54x | 3.05x | CN¥-1.13 Billion |
Industry Comparison
This section compares Shijiazhuang Changshan Textile Co Ltd's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $1,651,409,985
- Average return on equity (ROE) among peers: 3.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shijiazhuang Changshan Textile Co Ltd (000158) | CN¥5.26 Billion | 10.46% | 2.30x | $2.82 Billion |
| Jilin Chemical Fibre Co Ltd (000420) | $2.78 Billion | 3.08% | 1.22x | $1.35 Billion |
| Anhui Huamao Textile Co Ltd (000850) | $1.46 Billion | 9.44% | 1.18x | $321.50 Million |
| Xinxiang Chemical Fiber Co Ltd (000949) | $5.51 Billion | -7.89% | 1.03x | $1.15 Billion |
| Xinlong Holding Group Co Ltd (000955) | $456.17 Million | 0.57% | 1.07x | $279.03 Million |
| Jiiangsu Times Textile Technology Co.LTD (001234) | $895.28 Million | 7.28% | 0.27x | $106.39 Million |
| Anhui Guqi Down & Feather (001390) | $913.70 Million | 18.41% | 0.55x | $30.69K |
| Huafu Top Dyed Melange Yarn Co Ltd (002042) | $218.05 Million | -26.65% | 0.95x | $570.82 Million |
| Sunvim Group Co Ltd (002083) | $2.51 Billion | 5.50% | 1.43x | $791.11 Million |
| Hongda High-Tech Holding Co Ltd (002144) | $122.66 Million | 23.59% | 1.10x | $232.55 Million |