Tangshan Jidong Cement Co Ltd (000401) - Net Assets
Based on the latest financial reports, Tangshan Jidong Cement Co Ltd (000401) has net assets worth CN¥29.83 Billion CNY (≈ $4.37 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥57.47 Billion ≈ $8.41 Billion USD) and total liabilities (CN¥27.64 Billion ≈ $4.04 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 000401 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥29.83 Billion |
| % of Total Assets | 51.91% |
| Annual Growth Rate | 13.85% |
| 5-Year Change | -11.68% |
| 10-Year Change | 167.13% |
| Growth Volatility | 30.17 |
Tangshan Jidong Cement Co Ltd - Net Assets Trend (1993–2025)
This chart illustrates how Tangshan Jidong Cement Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 000401 current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Tangshan Jidong Cement Co Ltd (1993–2025)
The table below shows the annual net assets of Tangshan Jidong Cement Co Ltd from 1993 to 2025. For live valuation and market cap data, see 000401 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥29.83 Billion ≈ $4.37 Billion |
+1.96% |
| 2024-12-31 | CN¥29.26 Billion ≈ $4.28 Billion |
-4.37% |
| 2023-12-31 | CN¥30.60 Billion ≈ $4.48 Billion |
-6.15% |
| 2022-12-31 | CN¥32.60 Billion ≈ $4.77 Billion |
-3.48% |
| 2021-12-31 | CN¥33.78 Billion ≈ $4.94 Billion |
+5.07% |
| 2020-12-31 | CN¥32.15 Billion ≈ $4.70 Billion |
+11.48% |
| 2019-12-31 | CN¥28.84 Billion ≈ $4.22 Billion |
+21.01% |
| 2018-12-31 | CN¥23.83 Billion ≈ $3.49 Billion |
+111.38% |
| 2017-12-31 | CN¥11.27 Billion ≈ $1.65 Billion |
+0.95% |
| 2016-12-31 | CN¥11.17 Billion ≈ $1.63 Billion |
-1.46% |
| 2015-12-31 | CN¥11.33 Billion ≈ $1.66 Billion |
-15.66% |
| 2014-12-31 | CN¥13.44 Billion ≈ $1.97 Billion |
-3.33% |
| 2013-12-31 | CN¥13.90 Billion ≈ $2.03 Billion |
+3.99% |
| 2012-12-31 | CN¥13.37 Billion ≈ $1.96 Billion |
+1.58% |
| 2011-12-31 | CN¥13.16 Billion ≈ $1.93 Billion |
+41.64% |
| 2010-12-31 | CN¥9.29 Billion ≈ $1.36 Billion |
+20.44% |
| 2009-12-31 | CN¥7.71 Billion ≈ $1.13 Billion |
+22.24% |
| 2008-12-31 | CN¥6.31 Billion ≈ $923.37 Million |
+113.41% |
| 2007-12-31 | CN¥2.96 Billion ≈ $432.67 Million |
+14.43% |
| 2006-12-31 | CN¥2.58 Billion ≈ $378.09 Million |
+7.59% |
| 2005-12-31 | CN¥2.40 Billion ≈ $351.41 Million |
+4.72% |
| 2004-12-31 | CN¥2.29 Billion ≈ $335.56 Million |
+29.45% |
| 2003-12-31 | CN¥1.77 Billion ≈ $259.21 Million |
+10.71% |
| 2002-12-31 | CN¥1.60 Billion ≈ $234.13 Million |
+1.18% |
| 2001-12-31 | CN¥1.58 Billion ≈ $231.39 Million |
+2.43% |
| 2000-12-31 | CN¥1.54 Billion ≈ $225.89 Million |
+17.89% |
| 1999-12-31 | CN¥1.31 Billion ≈ $191.61 Million |
-2.52% |
| 1998-12-31 | CN¥1.34 Billion ≈ $196.57 Million |
+1.51% |
| 1997-12-31 | CN¥1.32 Billion ≈ $193.64 Million |
+25.60% |
| 1996-12-31 | CN¥1.05 Billion ≈ $154.18 Million |
+81.86% |
| 1995-12-31 | CN¥579.35 Million ≈ $84.78 Million |
+4.44% |
| 1994-12-31 | CN¥554.72 Million ≈ $81.17 Million |
+18.12% |
| 1993-12-31 | CN¥469.61 Million ≈ $68.72 Million |
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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 676137600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥6.76 Billion | 24.79% |
| Common Stock | CN¥2.66 Billion | 9.75% |
| Other Comprehensive Income | CN¥972.58 Million | 3.57% |
| Other Components | CN¥16.88 Billion | 61.89% |
| Total Equity | CN¥27.27 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 |
|---|---|
|
Pci-Suntek Technology Co Ltd
SHG:600728
|
$1.67 Billion |
|
Ningbo PIA Automation Holding Corp. A
SHG:688306
|
$1.67 Billion |
|
Kyland Technology Co Ltd
SHE:300353
|
$1.67 Billion |
|
Shandong Gettop Acoustic Co Ltd
SHE:002655
|
$1.67 Billion |
|
Grupo Aval
NYSE:AVAL
|
$1.66 Billion |
|
Television Francaise 1 SA
PA:TFI
|
$1.66 Billion |
|
China Sports Industry Group Co Ltd
SHG:600158
|
$1.66 Billion |
|
Corporate Travel Management Ltd
AU:CTD
|
$1.66 Billion |
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 2024 to 2025, total equity changed from 27,661,747,000 to 27,270,611,000, a change of -391,136,000 (-1.4%).
- Net income of 218,704,132 contributed positively to equity growth.
- Dividend payments of 265,575,026 reduced retained earnings.
- Other comprehensive income increased equity by 966,358,000.
- Other factors decreased equity by 1,310,623,106.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥218.70 Million | +0.8% |
| Dividends Paid | CN¥265.58 Million | -0.97% |
| Other Comprehensive Income | CN¥966.36 Million | +3.54% |
| Other Changes | CN¥-1.31 Billion | -4.81% |
| Total Change | CN¥- | -1.41% |
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: 0.41x
- 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 8.77x to 0.41x 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¥4.28 | x |
| 1994-12-31 | CN¥0.58 | CN¥4.28 | x |
| 1995-12-31 | CN¥0.60 | CN¥4.28 | x |
| 1996-12-31 | CN¥1.09 | CN¥4.28 | x |
| 1997-12-31 | CN¥1.36 | CN¥4.28 | x |
| 1998-12-31 | CN¥1.38 | CN¥4.28 | x |
| 1999-12-31 | CN¥1.36 | CN¥4.28 | x |
| 2000-12-31 | CN¥1.60 | CN¥4.28 | x |
| 2001-12-31 | CN¥1.62 | CN¥4.28 | x |
| 2002-12-31 | CN¥1.63 | CN¥4.28 | x |
| 2003-12-31 | CN¥1.79 | CN¥4.28 | x |
| 2004-12-31 | CN¥2.23 | CN¥4.28 | x |
| 2005-12-31 | CN¥2.26 | CN¥4.28 | x |
| 2006-12-31 | CN¥2.46 | CN¥4.28 | x |
| 2007-12-31 | CN¥2.77 | CN¥4.28 | x |
| 2008-12-31 | CN¥5.44 | CN¥4.28 | x |
| 2009-12-31 | CN¥5.51 | CN¥4.28 | x |
| 2010-12-31 | CN¥6.66 | CN¥4.28 | x |
| 2011-12-31 | CN¥9.28 | CN¥4.28 | x |
| 2012-12-31 | CN¥8.66 | CN¥4.28 | x |
| 2013-12-31 | CN¥8.84 | CN¥4.28 | x |
| 2014-12-31 | CN¥8.83 | CN¥4.28 | x |
| 2015-12-31 | CN¥7.47 | CN¥4.28 | x |
| 2016-12-31 | CN¥7.55 | CN¥4.28 | x |
| 2017-12-31 | CN¥7.47 | CN¥4.28 | x |
| 2018-12-31 | CN¥10.80 | CN¥4.28 | x |
| 2019-12-31 | CN¥10.53 | CN¥4.28 | x |
| 2020-12-31 | CN¥13.14 | CN¥4.28 | x |
| 2021-12-31 | CN¥14.70 | CN¥4.28 | x |
| 2022-12-31 | CN¥11.44 | CN¥4.28 | x |
| 2023-12-31 | CN¥10.70 | CN¥4.28 | x |
| 2024-12-31 | CN¥9.35 | CN¥4.28 | x |
| 2025-12-31 | CN¥10.36 | CN¥4.28 | 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): 0.80%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.90%
- • Asset Turnover: 0.42x
- • Equity Multiplier: 2.11x
- Recent ROE (0.80%) is below the historical average (8.88%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 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 |
| 2025 | 0.80% | 0.90% | 0.42x | 2.11x | CN¥-2.51 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: $2,228,251,250
- Average return on equity (ROE) among peers: -2.37%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tangshan Jidong Cement Co Ltd (000401) | CN¥29.83 Billion | 36.40% | 0.93x | $1.66 Billion |
| CSG Holding Co Ltd (000012) | $1.80 Billion | -9.41% | 0.59x | $1.16 Billion |
| Gansu Shangfeng Cement Co Ltd (000672) | $159.51 Million | -59.25% | 1.64x | $1.99 Billion |
| Jiangxi Wannianqing Cement Co Ltd (000789) | $437.21 Million | 9.48% | 0.62x | $578.76 Million |
| Xinjiang Tianshan Cement Co Ltd (000877) | $1.05 Billion | 0.87% | 3.22x | $4.83 Billion |
| Sinostone Guangdong Co Ltd (001212) | $1.73 Billion | 1.76% | 0.35x | $1.64 Billion |
| Ruitai Materials Technology Co Ltd (002066) | $1.45 Billion | 5.02% | 2.34x | $801.95 Million |
| Guangdong Tapai Group Co Ltd (002233) | $8.19 Billion | 8.81% | 0.20x | $1.47 Billion |
| China West Construction Group Co Ltd (002302) | $310.89 Million | 20.54% | 0.73x | $1.03 Billion |
| Hubei Guochuang Hi-tech Material Co Ltd (002377) | $4.92 Billion | 0.88% | 0.34x | $481.37 Million |
About Tangshan Jidong Cement Co Ltd
BBMG Jidong Cement Group Co., Ltd engages in the production and sale of cement clinker, silicate 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