Nanjing Zhongbei Group Co Ltd

SHE:000421 China Railroads
Market Cap
$543.32 Million
CN¥3.99 Billion CNY
Market Cap Rank
#13308 Global
#3418 in China
Share Price
CN¥6.94
Change (1 day)
-1.00%
52-Week Range
CN¥5.39 - CN¥8.00
All Time High
CN¥9.71
Categories
Companies in China Railroads
About

Nanjing Public Utilities Development Co., Ltd. operates in the energy, real estate, and passenger transportation industries in China. It supplies natural gas through pipelines. The company is also involved in real estate development, bus passenger transportation, financial credit, tourism, travel guide, housing rental, electric power, and advertising and media services, as well as car sales, repa… Read more

Nanjing Zhongbei Group Co Ltd (000421) - Net Assets

Latest net assets as of September 2025: CN¥4.00 Billion CNY

Based on the latest financial reports, Nanjing Zhongbei Group Co Ltd (000421) has net assets worth CN¥4.00 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¥10.57 Billion) and total liabilities (CN¥6.57 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¥4.00 Billion
% of Total Assets 37.87%
Annual Growth Rate 14.66%
5-Year Change 0.48%
10-Year Change 10.29%
Growth Volatility 39.23

Nanjing Zhongbei Group Co Ltd - Net Assets Trend (1993–2024)

This chart illustrates how Nanjing Zhongbei Group 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 Nanjing Zhongbei Group Co Ltd (1993–2024)

The table below shows the annual net assets of Nanjing Zhongbei Group Co Ltd from 1993 to 2024.

Year Net Assets Change
2024-12-31 CN¥3.87 Billion +1.08%
2023-12-31 CN¥3.83 Billion -4.55%
2022-12-31 CN¥4.01 Billion -1.37%
2021-12-31 CN¥4.07 Billion +5.59%
2020-12-31 CN¥3.85 Billion +7.78%
2019-12-31 CN¥3.58 Billion +3.39%
2018-12-31 CN¥3.46 Billion +1.09%
2017-12-31 CN¥3.42 Billion -4.38%
2016-12-31 CN¥3.58 Billion +1.90%
2015-12-31 CN¥3.51 Billion +148.35%
2014-12-31 CN¥1.41 Billion +12.46%
2013-12-31 CN¥1.26 Billion +6.97%
2012-12-31 CN¥1.18 Billion +6.11%
2011-12-31 CN¥1.11 Billion +2.31%
2010-12-31 CN¥1.08 Billion +10.55%
2009-12-31 CN¥979.37 Million -0.80%
2008-12-31 CN¥987.23 Million +7.61%
2007-12-31 CN¥917.41 Million +68.06%
2006-12-31 CN¥545.89 Million +33.57%
2005-12-31 CN¥408.70 Million -24.48%
2004-12-31 CN¥541.20 Million +8.09%
2003-12-31 CN¥500.72 Million +14.93%
2002-12-31 CN¥435.66 Million +2.94%
2001-12-31 CN¥423.22 Million -0.02%
2000-12-31 CN¥423.30 Million +2.35%
1999-12-31 CN¥413.58 Million +33.37%
1998-12-31 CN¥310.09 Million +17.36%
1997-12-31 CN¥264.23 Million +76.96%
1996-12-31 CN¥149.32 Million +150.03%
1995-12-31 CN¥59.72 Million +4.83%
1994-12-31 CN¥56.97 Million +2.30%
1993-12-31 CN¥55.69 Million --

Equity Component Analysis

This analysis shows how different components contribute to Nanjing Zhongbei Group 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 152947902000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥1.53 Billion 56.31%
Common Stock CN¥576.06 Million 21.21%
Other Comprehensive Income CN¥242.65 Million 8.93%
Other Components CN¥368.09 Million 13.55%
Total Equity CN¥2.72 Billion 100.00%

Nanjing Zhongbei Group Co Ltd Competitors by Market Cap

The table below lists competitors of Nanjing Zhongbei Group Co Ltd ranked by their market capitalization.

Company Market Cap
Zhejiang Jinfei Kaida Wheel Co Ltd
SHE:002863
 		$274.66 Million
Shanghai ZJ Bio-Tech Co. Ltd. A
SHG:688317
 		$274.67 Million
Everjoy Health Group Co Ltd
SHE:002162
 		$274.70 Million
Rxsight Inc
NASDAQ:RXST
 		$274.75 Million
SUNBELT RENTALS HOLDINGS CDI
LSE:SUNB
 		$274.62 Million
Liuzhou Liangmianzhen Co Ltd
SHG:600249
 		$274.59 Million
Zenner Metering Technology (Shanghai) Ltd. A
SHE:301303
 		$274.58 Million
Dong Fang Offshore Co., Ltd.
TW:7786
 		$274.56 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 2,722,556,119 to 2,716,279,477, a change of -6,276,642 (-0.2%).
  • Net income of 45,922,644 contributed positively to equity growth.
  • Dividend payments of 173,594,952 reduced retained earnings.
  • Other comprehensive income increased equity by 225,349,106.
  • Other factors decreased equity by 103,953,440.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥45.92 Million +1.69%
Dividends Paid CN¥173.59 Million -6.39%
Other Comprehensive Income CN¥225.35 Million +8.3%
Other Changes CN¥-103.95 Million -3.83%
Total Change CN¥- -0.23%

Book Value vs Market Value Analysis

This analysis compares Nanjing Zhongbei Group 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: 1.46x
  • 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 44.54x to 1.46x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1995-12-31 CN¥0.16 CN¥6.94 x
1996-12-31 CN¥0.41 CN¥6.94 x
1997-12-31 CN¥0.74 CN¥6.94 x
1998-12-31 CN¥0.85 CN¥6.94 x
1999-12-31 CN¥1.15 CN¥6.94 x
2000-12-31 CN¥1.17 CN¥6.94 x
2001-12-31 CN¥1.17 CN¥6.94 x
2002-12-31 CN¥1.20 CN¥6.94 x
2003-12-31 CN¥1.28 CN¥6.94 x
2004-12-31 CN¥1.29 CN¥6.94 x
2005-12-31 CN¥0.91 CN¥6.94 x
2006-12-31 CN¥1.24 CN¥6.94 x
2007-12-31 CN¥1.52 CN¥6.94 x
2008-12-31 CN¥1.66 CN¥6.94 x
2009-12-31 CN¥1.81 CN¥6.94 x
2010-12-31 CN¥2.27 CN¥6.94 x
2011-12-31 CN¥2.32 CN¥6.94 x
2012-12-31 CN¥2.50 CN¥6.94 x
2013-12-31 CN¥2.72 CN¥6.94 x
2014-12-31 CN¥2.14 CN¥6.94 x
2015-12-31 CN¥4.00 CN¥6.94 x
2016-12-31 CN¥4.18 CN¥6.94 x
2017-12-31 CN¥4.32 CN¥6.94 x
2018-12-31 CN¥4.46 CN¥6.94 x
2019-12-31 CN¥4.54 CN¥6.94 x
2020-12-31 CN¥4.88 CN¥6.94 x
2021-12-31 CN¥5.00 CN¥6.94 x
2022-12-31 CN¥4.96 CN¥6.94 x
2023-12-31 CN¥4.75 CN¥6.94 x
2024-12-31 CN¥4.75 CN¥6.94 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Nanjing Zhongbei Group 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): 1.69%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 0.70%
  • • Asset Turnover: 0.46x
  • • Equity Multiplier: 5.31x
  • Recent ROE (1.69%) is below the historical average (7.67%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1995 15.93% 12.34% 0.37x 3.47x CN¥3.25 Million
1996 13.20% 26.40% 0.24x 2.07x CN¥4.62 Million
1997 15.33% 35.10% 0.27x 1.59x CN¥13.88 Million
1998 12.57% 19.67% 0.33x 1.95x CN¥7.66 Million
1999 6.75% 9.35% 0.42x 1.73x CN¥-13.09 Million
2000 6.42% 7.70% 0.42x 2.00x CN¥-14.76 Million
2001 6.47% 6.62% 0.42x 2.30x CN¥-14.54 Million
2002 6.72% 4.01% 0.83x 2.02x CN¥-13.84 Million
2003 6.98% 5.43% 0.52x 2.46x CN¥-13.57 Million
2004 3.26% 1.80% 0.37x 4.85x CN¥-30.49 Million
2005 -35.59% -11.62% 0.42x 7.37x CN¥-145.20 Million
2006 22.73% 8.22% 0.51x 5.42x CN¥55.61 Million
2007 17.05% 4.96% 0.64x 5.40x CN¥37.59 Million
2008 8.92% 2.96% 0.59x 5.10x CN¥-6.30 Million
2009 7.99% 3.25% 0.58x 4.22x CN¥-12.79 Million
2010 7.32% 3.35% 0.59x 3.73x CN¥-21.41 Million
2011 10.85% 5.77% 0.53x 3.58x CN¥6.97 Million
2012 10.66% 5.32% 0.68x 2.95x CN¥5.77 Million
2013 6.94% 3.99% 0.69x 2.52x CN¥-29.29 Million
2014 14.47% 10.46% 0.68x 2.03x CN¥50.73 Million
2015 9.97% 5.69% 0.60x 2.92x CN¥-753.00K
2016 8.04% 4.94% 0.55x 2.94x CN¥-46.89 Million
2017 6.00% 4.11% 0.33x 4.41x CN¥-99.06 Million
2018 5.61% 4.08% 0.31x 4.48x CN¥-112.20 Million
2019 7.01% 5.08% 0.30x 4.66x CN¥-77.79 Million
2020 21.18% 8.66% 0.62x 3.93x CN¥312.46 Million
2021 5.86% 4.67% 0.25x 4.95x CN¥-118.63 Million
2022 3.04% 1.22% 0.46x 5.40x CN¥-199.61 Million
2023 -3.32% -1.95% 0.30x 5.76x CN¥-362.53 Million
2024 1.69% 0.70% 0.46x 5.31x CN¥-225.71 Million

Industry Comparison

This section compares Nanjing Zhongbei Group Co Ltd's net assets metrics with peer companies in the Railroads industry.

Industry Context

  • Industry: Railroads
  • Average net assets among peers: $2,706,426,470
  • Average return on equity (ROE) among peers: -202.93%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Nanjing Zhongbei Group Co Ltd (000421) CN¥4.00 Billion 15.93% 1.64x $274.64 Million
China High-Speed Railway Technology (000008) $4.48 Billion -18.89% 1.51x $627.64 Million
Ningxia Western Venture Industrial Co Ltd (000557) $308.30 Million 8.91% 0.86x $573.05 Million
Vontron Technology Co Ltd (000920) $1.19 Billion 4.96% 0.67x $403.89 Million
China Railway Materials Co Ltd (000927) $88.31 Million -1857.66% 54.49x $811.32 Million
China Railway Special Cargo Logistics Co. Ltd. (001213) $14.38 Billion 2.74% 0.13x $422.59 Million
Changzhou Evergreen Technology Co. Ltd. A (001324) $1.09 Billion 6.59% 0.24x $181.39 Million
HeNan Splendor Science & Technology Co Ltd (002296) $1.39 Billion 7.13% 0.39x $569.47 Million
Sichuan Fulin Transportation Group Co Ltd (002357) $691.02 Million 9.89% 0.57x $444.01 Million
Tianjin Keyvia Electric Co Ltd (300407) $736.56 Million 9.96% 0.47x $405.27 Million