Bohai Water Industry Co Ltd
Bohai Water Industry Co.,Ltd engages in the sewage treatment and solid and hazardous waste treatment business in China. It operates through Water Supply Services; Heating Services; and Environmental Governance and Solid Waste and Hazardous Waste segments. The company is involved in sale of raw water and tap water; heating; raw water development and supply; inter-regional water transfer; coarse wa… Read more
Bohai Water Industry Co Ltd (000605) - Net Assets
Latest net assets as of September 2025: CN¥2.67 Billion CNY
Based on the latest financial reports, Bohai Water Industry Co Ltd (000605) has net assets worth CN¥2.67 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¥7.89 Billion) and total liabilities (CN¥5.21 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¥2.67 Billion |
| % of Total Assets | 33.91% |
| Annual Growth Rate | 17.15% |
| 5-Year Change | -3.45% |
| 10-Year Change | 138.16% |
| Growth Volatility | 112.24 |
Bohai Water Industry Co Ltd - Net Assets Trend (1993–2024)
This chart illustrates how Bohai Water Industry 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 Bohai Water Industry Co Ltd (1993–2024)
The table below shows the annual net assets of Bohai Water Industry Co Ltd from 1993 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.71 Billion | +2.40% |
| 2023-12-31 | CN¥2.65 Billion | +0.88% |
| 2022-12-31 | CN¥2.63 Billion | +0.96% |
| 2021-12-31 | CN¥2.60 Billion | -7.43% |
| 2020-12-31 | CN¥2.81 Billion | +0.66% |
| 2019-12-31 | CN¥2.79 Billion | +6.54% |
| 2018-12-31 | CN¥2.62 Billion | +5.81% |
| 2017-12-31 | CN¥2.48 Billion | +109.12% |
| 2016-12-31 | CN¥1.18 Billion | +3.95% |
| 2015-12-31 | CN¥1.14 Billion | +5.01% |
| 2014-12-31 | CN¥1.08 Billion | +215.35% |
| 2013-12-31 | CN¥343.85 Million | +458.92% |
| 2012-12-31 | CN¥61.52 Million | +9.47% |
| 2011-12-31 | CN¥56.20 Million | -3.16% |
| 2010-12-31 | CN¥58.03 Million | -10.44% |
| 2009-12-31 | CN¥64.80 Million | +0.28% |
| 2008-12-31 | CN¥64.62 Million | +167.34% |
| 2007-12-31 | CN¥-95.96 Million | -275.90% |
| 2006-12-31 | CN¥54.56 Million | -55.21% |
| 2005-12-31 | CN¥121.80 Million | -17.35% |
| 2004-12-31 | CN¥147.38 Million | +5.82% |
| 2003-12-31 | CN¥139.28 Million | +10.45% |
| 2002-12-31 | CN¥126.11 Million | +22.53% |
| 2001-12-31 | CN¥102.91 Million | +0.86% |
| 2000-12-31 | CN¥102.04 Million | +0.17% |
| 1999-12-31 | CN¥101.86 Million | -37.94% |
| 1998-12-31 | CN¥164.13 Million | +28.18% |
| 1997-12-31 | CN¥128.04 Million | +12.24% |
| 1996-12-31 | CN¥114.09 Million | +208.34% |
| 1995-12-31 | CN¥37.00 Million | +38.94% |
| 1994-12-31 | CN¥26.63 Million | +32.75% |
| 1993-12-31 | CN¥20.06 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bohai Water Industry 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 60928182100.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥609.28 Million | 28.68% |
| Common Stock | CN¥352.66 Million | 16.60% |
| Other Comprehensive Income | CN¥172.93 Million | 8.14% |
| Other Components | CN¥989.47 Million | 46.58% |
| Total Equity | CN¥2.12 Billion | 100.00% |
Bohai Water Industry Co Ltd Competitors by Market Cap
The table below lists competitors of Bohai Water Industry Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ECHO INVESTMENT ZY 005
F:4I3
|
$171.78 Million |
|
Idorsia Ltd
PINK:IDRSF
|
$171.80 Million |
|
Shandong Weigao Orthopaedic Device Co. Ltd. A
SHG:688161
|
$171.85 Million |
|
Capital Futures Corp
TW:6024
|
$171.88 Million |
|
29METALS Ltd
AU:29M
|
$171.73 Million |
|
Mahindra Logistics Limited
NSE:MAHLOG
|
$171.72 Million |
|
Com2uS Corporation
KQ:078340
|
$171.71 Million |
|
Acacia Research Corporation
NASDAQ:ACTG
|
$171.69 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bohai Water Industry Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,115,300,409 to 2,124,338,428, a change of 9,038,019 (0.4%).
- Net income of 16,091,190 contributed positively to equity growth.
- Dividend payments of 116,178,116 reduced retained earnings.
- Other comprehensive income increased equity by 172,930,934.
- Other factors decreased equity by 63,805,989.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥16.09 Million | +0.76% |
| Dividends Paid | CN¥116.18 Million | -5.47% |
| Other Comprehensive Income | CN¥172.93 Million | +8.14% |
| Other Changes | CN¥-63.81 Million | -3.0% |
| Total Change | CN¥- | 0.43% |
Book Value vs Market Value Analysis
This analysis compares Bohai Water Industry 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: 1.19x
- 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 56.57x to 1.19x 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¥0.13 | CN¥7.18 | x |
| 1994-12-31 | CN¥0.17 | CN¥7.18 | x |
| 1995-12-31 | CN¥0.23 | CN¥7.18 | x |
| 1996-12-31 | CN¥0.72 | CN¥7.18 | x |
| 1997-12-31 | CN¥0.81 | CN¥7.18 | x |
| 1998-12-31 | CN¥0.84 | CN¥7.18 | x |
| 1999-12-31 | CN¥0.64 | CN¥7.18 | x |
| 2000-12-31 | CN¥0.65 | CN¥7.18 | x |
| 2001-12-31 | CN¥0.65 | CN¥7.18 | x |
| 2002-12-31 | CN¥0.74 | CN¥7.18 | x |
| 2003-12-31 | CN¥0.84 | CN¥7.18 | x |
| 2004-12-31 | CN¥0.89 | CN¥7.18 | x |
| 2005-12-31 | CN¥0.73 | CN¥7.18 | x |
| 2006-12-31 | CN¥0.35 | CN¥7.18 | x |
| 2007-12-31 | CN¥-0.77 | CN¥7.18 | x |
| 2008-12-31 | CN¥0.46 | CN¥7.18 | x |
| 2009-12-31 | CN¥0.47 | CN¥7.18 | x |
| 2010-12-31 | CN¥0.41 | CN¥7.18 | x |
| 2011-12-31 | CN¥0.40 | CN¥7.18 | x |
| 2012-12-31 | CN¥0.44 | CN¥7.18 | x |
| 2013-12-31 | CN¥3.39 | CN¥7.18 | x |
| 2014-12-31 | CN¥3.90 | CN¥7.18 | x |
| 2015-12-31 | CN¥3.64 | CN¥7.18 | x |
| 2016-12-31 | CN¥3.86 | CN¥7.18 | x |
| 2017-12-31 | CN¥8.28 | CN¥7.18 | x |
| 2018-12-31 | CN¥6.04 | CN¥7.18 | x |
| 2019-12-31 | CN¥5.68 | CN¥7.18 | x |
| 2020-12-31 | CN¥5.72 | CN¥7.18 | x |
| 2021-12-31 | CN¥5.94 | CN¥7.18 | x |
| 2022-12-31 | CN¥5.96 | CN¥7.18 | x |
| 2023-12-31 | CN¥6.00 | CN¥7.18 | x |
| 2024-12-31 | CN¥6.02 | CN¥7.18 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bohai Water Industry 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): 0.76%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.91%
- • Asset Turnover: 0.22x
- • Equity Multiplier: 3.84x
- Recent ROE (0.76%) is above the historical average (-1.16%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 28.83% | 6.14% | 1.55x | 3.03x | CN¥3.78 Million |
| 1994 | 34.17% | 7.87% | 1.12x | 3.86x | CN¥6.44 Million |
| 1995 | 28.61% | 9.08% | 1.01x | 3.11x | CN¥6.89 Million |
| 1996 | 10.21% | 10.39% | 0.58x | 1.69x | CN¥240.37K |
| 1997 | 10.90% | 12.21% | 0.47x | 1.92x | CN¥1.15 Million |
| 1998 | 3.14% | 6.04% | 0.21x | 2.53x | CN¥-9.07 Million |
| 1999 | -17.63% | -33.03% | 0.19x | 2.77x | CN¥-28.14 Million |
| 2000 | 1.09% | 2.06% | 0.18x | 2.95x | CN¥-9.09 Million |
| 2001 | 8.07% | 23.19% | 0.17x | 2.05x | CN¥-1.98 Million |
| 2002 | 14.23% | 23.04% | 0.33x | 1.89x | CN¥4.95 Million |
| 2003 | 11.86% | 15.86% | 0.27x | 2.75x | CN¥2.48 Million |
| 2004 | 6.48% | 9.31% | 0.25x | 2.78x | CN¥-4.96 Million |
| 2005 | -21.71% | -40.58% | 0.17x | 3.18x | CN¥-36.76 Million |
| 2006 | -133.54% | -311.04% | 0.06x | 6.77x | CN¥-71.23 Million |
| 2007 | 0.00% | 15.15% | 0.09x | 0.00x | CN¥14.24 Million |
| 2008 | -42.36% | -70.82% | 0.28x | 2.14x | CN¥-31.33 Million |
| 2009 | 0.56% | 0.94% | 0.26x | 2.23x | CN¥-5.68 Million |
| 2010 | -12.19% | -19.38% | 0.26x | 2.43x | CN¥-11.90 Million |
| 2011 | -3.54% | -4.74% | 0.29x | 2.56x | CN¥-7.01 Million |
| 2012 | 9.15% | 8.96% | 0.42x | 2.42x | CN¥-482.08K |
| 2013 | -3.58% | -17.01% | 0.15x | 1.40x | CN¥-46.10 Million |
| 2014 | 4.40% | 5.79% | 0.31x | 2.48x | CN¥-53.70 Million |
| 2015 | 4.52% | 5.96% | 0.31x | 2.43x | CN¥-55.03 Million |
| 2016 | 4.07% | 5.33% | 0.23x | 3.31x | CN¥-62.10 Million |
| 2017 | 5.55% | 6.80% | 0.29x | 2.77x | CN¥-90.58 Million |
| 2018 | 2.87% | 3.82% | 0.25x | 3.04x | CN¥-148.56 Million |
| 2019 | 2.51% | 2.65% | 0.22x | 4.22x | CN¥-149.99 Million |
| 2020 | 1.00% | 1.07% | 0.22x | 4.31x | CN¥-181.49 Million |
| 2021 | 1.71% | 1.98% | 0.23x | 3.72x | CN¥-173.55 Million |
| 2022 | 1.71% | 2.05% | 0.22x | 3.84x | CN¥-174.40 Million |
| 2023 | 0.95% | 1.09% | 0.23x | 3.78x | CN¥-191.41 Million |
| 2024 | 0.76% | 0.91% | 0.22x | 3.84x | CN¥-196.34 Million |
Industry Comparison
This section compares Bohai Water Industry Co Ltd's net assets metrics with peer companies in the Utilities - Regulated Water industry.
Industry Context
- Industry: Utilities - Regulated Water
- Average net assets among peers: $3,714,012,021
- Average return on equity (ROE) among peers: 8.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bohai Water Industry Co Ltd (000605) | CN¥2.67 Billion | 28.83% | 1.95x | $171.74 Million |
| Chengdu Xingrong Investment Co Ltd (000598) | $11.99 Billion | 9.01% | 1.11x | $1.21 Billion |
| Zhongshan Public Utilities Group Co Ltd (000685) | $11.04 Billion | 13.53% | 0.25x | $1.16 Billion |
| Guangdong Shunkong Development Co Ltd (003039) | $1.68 Billion | 11.76% | 1.49x | $276.18 Million |
| Gansu Dayu Water saving Group (300021) | $2.33 Billion | 3.48% | 3.01x | $349.89 Million |
| Beijing Water Business Doctor (300055) | $1.60 Billion | 3.85% | 0.13x | $355.06 Million |
| BGT Group Co. Ltd. (300774) | $1.52 Billion | 2.16% | 0.65x | $371.81 Million |
| Hynar Water Group Co. Ltd. (300961) | $695.55 Million | 13.29% | 1.35x | $339.95 Million |
| Shenzhen Water Planning & Design Institute Co. Ltd. (301038) | $942.31 Million | 11.26% | 0.90x | $202.63 Million |
| Wuhan Sanzhen Industry Holding Co Ltd (600168) | $1.63 Billion | 3.60% | 0.65x | $316.91 Million |