Tangshan Jidong Cement Co Ltd
BBMG Jidong Cement Group Co., Ltd engages in the production and sale of cement clinker, Portland cement, and related building material products in China. It is also involved in sand and gravel aggregates, environmental protection, mineral powder, admixtures and new materials business. In addition, the company offers silicate cement that are used in municipal and infrastructure projects and the re… Read more
Tangshan Jidong Cement Co Ltd (000401) - Net Assets
Latest net assets as of September 2025: CN¥29.28 Billion CNY
Based on the latest financial reports, Tangshan Jidong Cement Co Ltd (000401) has net assets worth CN¥29.28 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¥58.66 Billion) and total liabilities (CN¥29.38 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¥29.28 Billion |
| % of Total Assets | 49.91% |
| Annual Growth Rate | 14.26% |
| 5-Year Change | -8.99% |
| 10-Year Change | 158.17% |
| Growth Volatility | 30.53 |
Tangshan Jidong Cement Co Ltd - Net Assets Trend (1993–2024)
This chart illustrates how Tangshan Jidong Cement 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 Tangshan Jidong Cement Co Ltd (1993–2024)
The table below shows the annual net assets of Tangshan Jidong Cement Co Ltd from 1993 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥29.26 Billion | -4.37% |
| 2023-12-31 | CN¥30.60 Billion | -6.15% |
| 2022-12-31 | CN¥32.60 Billion | -3.48% |
| 2021-12-31 | CN¥33.78 Billion | +5.07% |
| 2020-12-31 | CN¥32.15 Billion | +11.48% |
| 2019-12-31 | CN¥28.84 Billion | +21.01% |
| 2018-12-31 | CN¥23.83 Billion | +111.38% |
| 2017-12-31 | CN¥11.27 Billion | +0.95% |
| 2016-12-31 | CN¥11.17 Billion | -1.46% |
| 2015-12-31 | CN¥11.33 Billion | -15.66% |
| 2014-12-31 | CN¥13.44 Billion | -3.33% |
| 2013-12-31 | CN¥13.90 Billion | +3.99% |
| 2012-12-31 | CN¥13.37 Billion | +1.58% |
| 2011-12-31 | CN¥13.16 Billion | +41.64% |
| 2010-12-31 | CN¥9.29 Billion | +20.44% |
| 2009-12-31 | CN¥7.71 Billion | +22.24% |
| 2008-12-31 | CN¥6.31 Billion | +113.41% |
| 2007-12-31 | CN¥2.96 Billion | +14.43% |
| 2006-12-31 | CN¥2.58 Billion | +7.59% |
| 2005-12-31 | CN¥2.40 Billion | +4.72% |
| 2004-12-31 | CN¥2.29 Billion | +29.45% |
| 2003-12-31 | CN¥1.77 Billion | +10.71% |
| 2002-12-31 | CN¥1.60 Billion | +1.18% |
| 2001-12-31 | CN¥1.58 Billion | +2.43% |
| 2000-12-31 | CN¥1.54 Billion | +17.89% |
| 1999-12-31 | CN¥1.31 Billion | -2.52% |
| 1998-12-31 | CN¥1.34 Billion | +1.51% |
| 1997-12-31 | CN¥1.32 Billion | +25.60% |
| 1996-12-31 | CN¥1.05 Billion | +81.86% |
| 1995-12-31 | CN¥579.35 Million | +4.44% |
| 1994-12-31 | CN¥554.72 Million | +18.12% |
| 1993-12-31 | CN¥469.61 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tangshan Jidong Cement 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 680824600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥6.81 Billion | 24.61% |
| Common Stock | CN¥2.66 Billion | 9.61% |
| Other Comprehensive Income | CN¥6.22 Million | 0.02% |
| Other Components | CN¥18.19 Billion | 65.76% |
| Total Equity | CN¥27.66 Billion | 100.00% |
Tangshan Jidong Cement Co Ltd Competitors by Market Cap
The table below lists competitors of Tangshan Jidong Cement Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
HBM HLDGS LTD DL-000025
F:6XY
|
$788.14 Million |
|
Kainos Group plc
PINK:KNNNF
|
$788.17 Million |
|
PharmaBlock Sciences Nanjing Inc Class A
SHE:300725
|
$788.29 Million |
|
Wuhan Yangtze Communication Industry Group Co Ltd
SHG:600345
|
$788.48 Million |
|
EXEDY CORP.
F:64M
|
$787.84 Million |
|
International Petroleum Corporation
PINK:IPCFF
|
$787.64 Million |
|
C Sun Manufacturing Ltd
TW:2467
|
$787.59 Million |
|
Suzhou Jinfu New Material Co
SHE:300128
|
$787.52 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tangshan Jidong Cement Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 28,427,407,890 to 27,661,747,000, a change of -765,660,890 (-2.7%).
- Net loss of 991,024,258 reduced equity.
- Dividend payments of 581,563,212 reduced retained earnings.
- Other comprehensive income decreased equity by 1,130,559,805.
- Other factors increased equity by 1,937,486,385.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-991.02 Million | -3.58% |
| Dividends Paid | CN¥581.56 Million | -2.1% |
| Other Comprehensive Income | CN¥-1.13 Billion | -4.09% |
| Other Changes | CN¥1.94 Billion | +7.0% |
| Total Change | CN¥- | -2.69% |
Book Value vs Market Value Analysis
This analysis compares Tangshan Jidong Cement 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: 0.55x
- 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.
- The price-to-book ratio has decreased from 10.58x to 0.55x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-12-31 | CN¥0.49 | CN¥5.16 | x |
| 1994-12-31 | CN¥0.58 | CN¥5.16 | x |
| 1995-12-31 | CN¥0.60 | CN¥5.16 | x |
| 1996-12-31 | CN¥1.09 | CN¥5.16 | x |
| 1997-12-31 | CN¥1.36 | CN¥5.16 | x |
| 1998-12-31 | CN¥1.38 | CN¥5.16 | x |
| 1999-12-31 | CN¥1.36 | CN¥5.16 | x |
| 2000-12-31 | CN¥1.60 | CN¥5.16 | x |
| 2001-12-31 | CN¥1.62 | CN¥5.16 | x |
| 2002-12-31 | CN¥1.63 | CN¥5.16 | x |
| 2003-12-31 | CN¥1.79 | CN¥5.16 | x |
| 2004-12-31 | CN¥2.23 | CN¥5.16 | x |
| 2005-12-31 | CN¥2.26 | CN¥5.16 | x |
| 2006-12-31 | CN¥2.46 | CN¥5.16 | x |
| 2007-12-31 | CN¥2.77 | CN¥5.16 | x |
| 2008-12-31 | CN¥5.44 | CN¥5.16 | x |
| 2009-12-31 | CN¥5.51 | CN¥5.16 | x |
| 2010-12-31 | CN¥6.66 | CN¥5.16 | x |
| 2011-12-31 | CN¥9.28 | CN¥5.16 | x |
| 2012-12-31 | CN¥8.66 | CN¥5.16 | x |
| 2013-12-31 | CN¥8.84 | CN¥5.16 | x |
| 2014-12-31 | CN¥8.83 | CN¥5.16 | x |
| 2015-12-31 | CN¥7.47 | CN¥5.16 | x |
| 2016-12-31 | CN¥7.55 | CN¥5.16 | x |
| 2017-12-31 | CN¥7.47 | CN¥5.16 | x |
| 2018-12-31 | CN¥10.80 | CN¥5.16 | x |
| 2019-12-31 | CN¥10.53 | CN¥5.16 | x |
| 2020-12-31 | CN¥13.14 | CN¥5.16 | x |
| 2021-12-31 | CN¥14.70 | CN¥5.16 | x |
| 2022-12-31 | CN¥11.44 | CN¥5.16 | x |
| 2023-12-31 | CN¥10.70 | CN¥5.16 | x |
| 2024-12-31 | CN¥9.35 | CN¥5.16 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tangshan Jidong Cement 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): -3.58%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.92%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 2.14x
- Recent ROE (-3.58%) is below the historical average (9.14%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 36.40% | 36.33% | 0.79x | 1.27x | CN¥123.96 Million |
| 1994 | 29.07% | 38.33% | 0.41x | 1.84x | CN¥105.78 Million |
| 1995 | 25.97% | 36.24% | 0.33x | 2.14x | CN¥92.50 Million |
| 1996 | 15.42% | 35.51% | 0.24x | 1.80x | CN¥57.13 Million |
| 1997 | 12.03% | 31.12% | 0.22x | 1.75x | CN¥26.50 Million |
| 1998 | 10.09% | 32.42% | 0.19x | 1.61x | CN¥1.23 Million |
| 1999 | 8.06% | 19.16% | 0.27x | 1.56x | CN¥-25.45 Million |
| 2000 | 6.04% | 14.22% | 0.29x | 1.45x | CN¥-61.17 Million |
| 2001 | 7.39% | 11.47% | 0.35x | 1.83x | CN¥-40.56 Million |
| 2002 | 6.73% | 9.68% | 0.33x | 2.12x | CN¥-51.51 Million |
| 2003 | 2.75% | 3.32% | 0.30x | 2.72x | CN¥-124.71 Million |
| 2004 | 6.67% | 7.80% | 0.34x | 2.55x | CN¥-71.40 Million |
| 2005 | 5.87% | 5.56% | 0.35x | 3.03x | CN¥-89.86 Million |
| 2006 | 8.85% | 7.22% | 0.44x | 2.79x | CN¥-27.32 Million |
| 2007 | 13.78% | 9.53% | 0.43x | 3.37x | CN¥100.95 Million |
| 2008 | 7.53% | 9.76% | 0.36x | 2.15x | CN¥-146.51 Million |
| 2009 | 14.71% | 14.18% | 0.32x | 3.23x | CN¥315.11 Million |
| 2010 | 17.31% | 12.64% | 0.37x | 3.74x | CN¥590.23 Million |
| 2011 | 13.31% | 9.76% | 0.41x | 3.32x | CN¥379.01 Million |
| 2012 | 1.55% | 1.23% | 0.35x | 3.56x | CN¥-984.14 Million |
| 2013 | 2.89% | 2.19% | 0.36x | 3.62x | CN¥-845.59 Million |
| 2014 | 0.29% | 0.22% | 0.36x | 3.74x | CN¥-1.14 Billion |
| 2015 | -17.05% | -15.44% | 0.27x | 4.10x | CN¥-2.72 Billion |
| 2016 | 0.53% | 0.43% | 0.30x | 4.15x | CN¥-945.66 Million |
| 2017 | 5.00% | 2.00% | 0.61x | 4.07x | CN¥-503.45 Million |
| 2018 | 13.06% | 6.05% | 0.51x | 4.25x | CN¥445.72 Million |
| 2019 | 17.59% | 7.83% | 0.57x | 3.96x | CN¥1.17 Billion |
| 2020 | 16.09% | 8.03% | 0.60x | 3.33x | CN¥1.08 Billion |
| 2021 | 8.83% | 7.73% | 0.60x | 1.90x | CN¥-370.64 Million |
| 2022 | 4.42% | 3.93% | 0.56x | 2.02x | CN¥-1.71 Billion |
| 2023 | -5.21% | -5.25% | 0.47x | 2.11x | CN¥-4.32 Billion |
| 2024 | -3.58% | -3.92% | 0.43x | 2.14x | CN¥-3.76 Billion |
Industry Comparison
This section compares Tangshan Jidong Cement Co Ltd's net assets metrics with peer companies in the Building Materials industry.
Industry Context
- Industry: Building Materials
- Average net assets among peers: $2,637,947,474
- Average return on equity (ROE) among peers: 52.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tangshan Jidong Cement Co Ltd (000401) | CN¥29.28 Billion | 36.40% | 1.00x | $788.07 Million |
| CSG Holding Co Ltd (000012) | $1.98 Billion | 5.22% | 0.62x | $1.58 Billion |
| 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 |