ChengDu Hi-Tech Development Co Ltd

SHE:000628 China Engineering & Construction
Market Cap
$2.64 Billion
CN¥19.36 Billion CNY
Market Cap Rank
#6515 Global
#1008 in China
Share Price
CN¥54.96
Change (1 day)
+2.44%
52-Week Range
CN¥39.49 - CN¥61.33
All Time High
CN¥89.65
Categories
Companies in China Engineering & Construction
About

ChengDu Hi-Tech Development Co., Ltd. primarily engages in the construction business in China and internationally. It is involved in the housing and municipal utility project construction; building decoration and renovation projects; and smart city construction and operation, and urban infrastructure management operations. The company also engages in the digital energy and industrial investment f… Read more

ChengDu Hi-Tech Development Co Ltd (000628) - Net Assets

Latest net assets as of September 2025: CN¥2.21 Billion CNY

Based on the latest financial reports, ChengDu Hi-Tech Development Co Ltd (000628) has net assets worth CN¥2.21 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¥12.49 Billion) and total liabilities (CN¥10.29 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¥2.21 Billion
% of Total Assets 17.67%
Annual Growth Rate 8.41%
5-Year Change 27.56%
10-Year Change 214.04%
Growth Volatility 66.86

ChengDu Hi-Tech Development Co Ltd - Net Assets Trend (1993–2024)

This chart illustrates how ChengDu Hi-Tech Development 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 ChengDu Hi-Tech Development Co Ltd (1993–2024)

The table below shows the annual net assets of ChengDu Hi-Tech Development Co Ltd from 1993 to 2024.

Year Net Assets Change
2024-12-31 CN¥2.16 Billion -1.06%
2023-12-31 CN¥2.18 Billion +10.28%
2022-12-31 CN¥1.98 Billion +18.70%
2021-12-31 CN¥1.66 Billion -1.52%
2020-12-31 CN¥1.69 Billion +52.93%
2019-12-31 CN¥1.11 Billion +26.72%
2018-12-31 CN¥872.17 Million +11.89%
2017-12-31 CN¥779.50 Million +8.07%
2016-12-31 CN¥721.30 Million +5.07%
2015-12-31 CN¥686.52 Million +358.35%
2014-12-31 CN¥149.78 Million -24.21%
2013-12-31 CN¥197.62 Million -0.35%
2012-12-31 CN¥198.31 Million +43.83%
2011-12-31 CN¥137.88 Million -2.42%
2010-12-31 CN¥141.29 Million +2.10%
2009-12-31 CN¥138.38 Million +10.74%
2008-12-31 CN¥124.96 Million -6.88%
2007-12-31 CN¥134.20 Million -67.99%
2006-12-31 CN¥419.24 Million -6.40%
2005-12-31 CN¥447.89 Million +0.18%
2004-12-31 CN¥447.10 Million +1.28%
2003-12-31 CN¥441.44 Million -28.38%
2002-12-31 CN¥616.40 Million +4.45%
2001-12-31 CN¥590.13 Million +4.74%
2000-12-31 CN¥563.45 Million +2.54%
1999-12-31 CN¥549.49 Million -7.64%
1998-12-31 CN¥594.95 Million +13.07%
1997-12-31 CN¥526.18 Million +12.12%
1996-12-31 CN¥469.30 Million +82.02%
1995-12-31 CN¥257.83 Million +26.10%
1994-12-31 CN¥204.47 Million +16.04%
1993-12-31 CN¥176.21 Million --

Equity Component Analysis

This analysis shows how different components contribute to ChengDu Hi-Tech Development 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 82413000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥824.13 Million 38.96%
Common Stock CN¥352.28 Million 16.65%
Other Comprehensive Income CN¥178.31 Million 8.43%
Other Components CN¥760.44 Million 35.95%
Total Equity CN¥2.12 Billion 100.00%

ChengDu Hi-Tech Development Co Ltd Competitors by Market Cap

The table below lists competitors of ChengDu Hi-Tech Development Co Ltd ranked by their market capitalization.

Company Market Cap
Auren Energia S.A.
SA:AURE3
 		$1.22 Billion
Gibraltar Industries Inc
NASDAQ:ROCK
 		$1.22 Billion
Kunshan Kinglai Hygienic Materials Co Ltd
SHE:300260
 		$1.22 Billion
Tamarack Valley Energy Ltd
PINK:TNEYF
 		$1.22 Billion
Lithium Americas Corp
NYSE:LAC
 		$1.22 Billion
Sinch AB
ST:SINCH
 		$1.22 Billion
NORTH WEST CO. (VV+CV.)
F:3NW
 		$1.22 Billion
Invisio Communications AB
ST:IVSO
 		$1.22 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in ChengDu Hi-Tech Development Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 2,107,138,000 to 2,115,162,000, a change of 8,024,000 (0.4%).
  • Net income of 61,369,737 contributed positively to equity growth.
  • Dividend payments of 129,899,593 reduced retained earnings.
  • Other comprehensive income increased equity by 178,308,699.
  • Other factors decreased equity by 101,754,843.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥61.37 Million +2.9%
Dividends Paid CN¥129.90 Million -6.14%
Other Comprehensive Income CN¥178.31 Million +8.43%
Other Changes CN¥-101.75 Million -4.81%
Total Change CN¥- 0.38%

Book Value vs Market Value Analysis

This analysis compares ChengDu Hi-Tech Development 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: 9.15x
  • 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 46.78x to 9.15x 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¥1.17 CN¥54.96 x
1996-12-31 CN¥2.14 CN¥54.96 x
1997-12-31 CN¥2.40 CN¥54.96 x
1998-12-31 CN¥2.33 CN¥54.96 x
1999-12-31 CN¥2.40 CN¥54.96 x
2000-12-31 CN¥2.42 CN¥54.96 x
2001-12-31 CN¥2.41 CN¥54.96 x
2002-12-31 CN¥2.41 CN¥54.96 x
2003-12-31 CN¥1.66 CN¥54.96 x
2004-12-31 CN¥1.67 CN¥54.96 x
2005-12-31 CN¥1.70 CN¥54.96 x
2006-12-31 CN¥1.62 CN¥54.96 x
2007-12-31 CN¥0.42 CN¥54.96 x
2008-12-31 CN¥0.40 CN¥54.96 x
2009-12-31 CN¥0.70 CN¥54.96 x
2010-12-31 CN¥0.77 CN¥54.96 x
2011-12-31 CN¥0.78 CN¥54.96 x
2012-12-31 CN¥0.88 CN¥54.96 x
2013-12-31 CN¥0.96 CN¥54.96 x
2014-12-31 CN¥0.75 CN¥54.96 x
2015-12-31 CN¥2.49 CN¥54.96 x
2016-12-31 CN¥2.34 CN¥54.96 x
2017-12-31 CN¥2.41 CN¥54.96 x
2018-12-31 CN¥2.61 CN¥54.96 x
2019-12-31 CN¥3.25 CN¥54.96 x
2020-12-31 CN¥4.88 CN¥54.96 x
2021-12-31 CN¥4.42 CN¥54.96 x
2022-12-31 CN¥4.97 CN¥54.96 x
2023-12-31 CN¥5.98 CN¥54.96 x
2024-12-31 CN¥6.00 CN¥54.96 x

Capital Efficiency Dashboard

This dashboard shows how efficiently ChengDu Hi-Tech Development 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): 2.90%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 0.86%
  • • Asset Turnover: 0.48x
  • • Equity Multiplier: 6.96x
  • Recent ROE (2.90%) is above the historical average (-7.58%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1995 16.12% 18.27% 0.34x 2.62x CN¥15.78 Million
1996 10.46% 19.80% 0.26x 2.03x CN¥2.15 Million
1997 10.81% 17.16% 0.31x 2.03x CN¥4.26 Million
1998 1.89% 2.62% 0.29x 2.51x CN¥-41.43 Million
1999 2.77% 3.38% 0.30x 2.76x CN¥-38.10 Million
2000 0.71% 0.81% 0.29x 3.07x CN¥-49.30 Million
2001 0.83% 0.64% 0.38x 3.42x CN¥-48.40 Million
2002 0.49% 0.38% 0.35x 3.71x CN¥-50.27 Million
2003 -44.86% -29.19% 0.30x 5.13x CN¥-200.17 Million
2004 0.59% 0.42% 0.28x 5.10x CN¥-34.55 Million
2005 2.79% 1.55% 0.37x 4.92x CN¥-26.89 Million
2006 -44.70% -23.05% 0.40x 4.88x CN¥-194.96 Million
2007 -292.95% -40.89% 0.35x 20.23x CN¥-280.39 Million
2008 7.80% 0.63% 0.58x 21.38x CN¥-1.93 Million
2009 13.32% 1.91% 0.44x 15.90x CN¥5.08 Million
2010 9.07% 1.28% 0.43x 16.35x CN¥-1.56 Million
2011 3.46% 0.42% 0.47x 17.72x CN¥-11.41 Million
2012 4.19% 0.58% 0.49x 14.57x CN¥-11.41 Million
2013 6.64% 0.67% 0.62x 15.88x CN¥-7.07 Million
2014 -25.57% -2.14% 0.53x 22.52x CN¥-58.16 Million
2015 6.67% 2.64% 0.45x 5.67x CN¥-23.34 Million
2016 4.02% 2.64% 0.32x 4.77x CN¥-43.66 Million
2017 3.23% 4.26% 0.19x 3.96x CN¥-51.04 Million
2018 6.74% 5.74% 0.27x 4.33x CN¥-26.53 Million
2019 10.33% 3.16% 0.56x 5.81x CN¥3.32 Million
2020 15.69% 4.35% 0.66x 5.43x CN¥87.32 Million
2021 10.48% 2.47% 0.61x 6.95x CN¥7.53 Million
2022 11.37% 3.03% 0.48x 7.81x CN¥23.96 Million
2023 17.37% 4.57% 0.59x 6.46x CN¥155.22 Million
2024 2.90% 0.86% 0.48x 6.96x CN¥-150.15 Million

Industry Comparison

This section compares ChengDu Hi-Tech Development Co Ltd's net assets metrics with peer companies in the Engineering & Construction industry.

Industry Context

  • Industry: Engineering & Construction
  • Average net assets among peers: $1,528,871,105
  • Average return on equity (ROE) among peers: 5.48%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
ChengDu Hi-Tech Development Co Ltd (000628) CN¥2.21 Billion 16.12% 4.66x $1.22 Billion
Shenzhen Ecobeauty Co Ltd (000010) $58.96 Million 11.62% 0.85x $542.14 Million
Shenzhen Sed Industry Co Ltd (000032) $301.27 Million 5.87% 1.48x $1.18 Billion
NORINCO International Cooperation Ltd (000065) $356.94 Million 7.11% 1.68x $959.60 Million
Shenzhen Tagen Group Co Ltd (000090) $404.64 Million 18.70% 2.33x $603.95 Million
Shandong Hi-Speed Road&Bridge (000498) $-659.23 Million 0.00% 0.00x $601.09 Million
Jinyuan Cement Co Ltd (000546) $6.14 Billion 1.41% 0.76x $316.61 Million
Gansu Engineering Consulting Group Co Ltd (000779) $3.84 Billion 6.00% 0.43x $301.44 Million
Hainan Expressway Co Ltd (000886) $2.23 Billion 0.70% 1.35x $595.13 Million
Sinosteel Engineering and Technology Co Ltd (000928) $1.09 Billion -2.07% 1.62x $707.52 Million