Jiangxi Wannianqing Cement Co Ltd

SHE:000789 China Building Materials
Market Cap
$627.08 Million
CN¥4.60 Billion CNY
Market Cap Rank
#13129 Global
#3328 in China
Share Price
CN¥5.77
Change (1 day)
-0.86%
52-Week Range
CN¥4.86 - CN¥7.10
All Time High
CN¥30.64
Categories
Companies in China Building Materials
About

Jiangxi Wannianqing Cement Co., Ltd., together with its subsidiaries, produces and sells cement in China. It operates through Clinker Cement, Commercial Cement, and Other segments. The company offers ordinary Portland cement and composite Portland cement; commercial clinkers; commercial concrete; aggregates; and wall materials. Its products are used in the construction of airports, high-rise buil… Read more

Jiangxi Wannianqing Cement Co Ltd (000789) - Net Assets

Latest net assets as of September 2025: CN¥9.94 Billion CNY

Based on the latest financial reports, Jiangxi Wannianqing Cement Co Ltd (000789) has net assets worth CN¥9.94 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¥15.80 Billion) and total liabilities (CN¥5.86 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¥9.94 Billion
% of Total Assets 62.93%
Annual Growth Rate 18.53%
5-Year Change 9.75%
10-Year Change 151.04%
Growth Volatility 34.3

Jiangxi Wannianqing Cement Co Ltd - Net Assets Trend (1994–2024)

This chart illustrates how Jiangxi Wannianqing 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 Jiangxi Wannianqing Cement Co Ltd (1994–2024)

The table below shows the annual net assets of Jiangxi Wannianqing Cement Co Ltd from 1994 to 2024.

Year Net Assets Change
2024-12-31 CN¥10.26 Billion -1.26%
2023-12-31 CN¥10.39 Billion -0.67%
2022-12-31 CN¥10.46 Billion -4.05%
2021-12-31 CN¥10.90 Billion +16.62%
2020-12-31 CN¥9.35 Billion +24.24%
2019-12-31 CN¥7.52 Billion +23.45%
2018-12-31 CN¥6.09 Billion +31.53%
2017-12-31 CN¥4.63 Billion +5.58%
2016-12-31 CN¥4.39 Billion +7.39%
2015-12-31 CN¥4.09 Billion -2.79%
2014-12-31 CN¥4.20 Billion +18.46%
2013-12-31 CN¥3.55 Billion +24.12%
2012-12-31 CN¥2.86 Billion +9.56%
2011-12-31 CN¥2.61 Billion +11.79%
2010-12-31 CN¥2.33 Billion +13.08%
2009-12-31 CN¥2.06 Billion +22.08%
2008-12-31 CN¥1.69 Billion +36.42%
2007-12-31 CN¥1.24 Billion +79.32%
2006-12-31 CN¥691.24 Million +2.09%
2005-12-31 CN¥677.08 Million -4.91%
2004-12-31 CN¥712.04 Million -9.29%
2003-12-31 CN¥784.94 Million +5.92%
2002-12-31 CN¥741.06 Million +1.06%
2001-12-31 CN¥733.27 Million +13.05%
2000-12-31 CN¥648.64 Million +48.36%
1999-12-31 CN¥437.21 Million +0.10%
1998-12-31 CN¥436.78 Million +12.55%
1997-12-31 CN¥388.07 Million +146.08%
1996-12-31 CN¥157.70 Million +16.47%
1995-12-31 CN¥135.40 Million +116.49%
1994-12-31 CN¥62.54 Million --

Equity Component Analysis

This analysis shows how different components contribute to Jiangxi Wannianqing 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 549715448000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥5.50 Billion 79.74%
Common Stock CN¥797.41 Million 11.57%
Other Comprehensive Income CN¥598.87 Million 8.69%
Other Components CN¥428.36K 0.01%
Total Equity CN¥6.89 Billion 100.00%

Jiangxi Wannianqing Cement Co Ltd Competitors by Market Cap

The table below lists competitors of Jiangxi Wannianqing Cement Co Ltd ranked by their market capitalization.

Company Market Cap
Allscripts Healthcare Solutions Inc
STU:AL21
 		$284.46 Million
CTOS Digital Bhd
KLSE:5301
 		$284.50 Million
GHT Co Ltd Class A
SHE:300711
 		$284.50 Million
Formosa Advanced Technologies Co Ltd
TW:8131
 		$284.51 Million
Southern Cable Group Bhd
KLSE:0225
 		$284.31 Million
Black Rock Coffee Bar, Inc. Class A Common Stock
NASDAQ:BRCB
 		$284.31 Million
Stockmann Oyj Abp
F:SOMB
 		$284.27 Million
3D Systems Corporation
NYSE:DDD
 		$284.23 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Jiangxi Wannianqing Cement Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 6,978,913,582 to 6,893,856,333, a change of -85,057,249 (-1.2%).
  • Net income of 13,168,260 contributed positively to equity growth.
  • Dividend payments of 130,781,929 reduced retained earnings.
  • Other comprehensive income decreased equity by 26,592,169.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥13.17 Million +0.19%
Dividends Paid CN¥130.78 Million -1.9%
Other Comprehensive Income CN¥-26.59 Million -0.39%
Other Changes CN¥59.15 Million +0.86%
Total Change CN¥- -1.22%

Book Value vs Market Value Analysis

This analysis compares Jiangxi Wannianqing 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: 0.67x
  • 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 62.68x to 0.67x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1994-12-31 CN¥0.09 CN¥5.77 x
1995-12-31 CN¥0.20 CN¥5.77 x
1996-12-31 CN¥0.23 CN¥5.77 x
1997-12-31 CN¥0.57 CN¥5.77 x
1998-12-31 CN¥0.64 CN¥5.77 x
1999-12-31 CN¥0.64 CN¥5.77 x
2000-12-31 CN¥0.95 CN¥5.77 x
2001-12-31 CN¥1.05 CN¥5.77 x
2002-12-31 CN¥0.73 CN¥5.77 x
2003-12-31 CN¥0.77 CN¥5.77 x
2004-12-31 CN¥0.70 CN¥5.77 x
2005-12-31 CN¥0.56 CN¥5.77 x
2006-12-31 CN¥0.86 CN¥5.77 x
2007-12-31 CN¥1.42 CN¥5.77 x
2008-12-31 CN¥1.29 CN¥5.77 x
2009-12-31 CN¥1.38 CN¥5.77 x
2010-12-31 CN¥1.58 CN¥5.77 x
2011-12-31 CN¥1.98 CN¥5.77 x
2012-12-31 CN¥2.19 CN¥5.77 x
2013-12-31 CN¥2.63 CN¥5.77 x
2014-12-31 CN¥3.15 CN¥5.77 x
2015-12-31 CN¥3.31 CN¥5.77 x
2016-12-31 CN¥3.52 CN¥5.77 x
2017-12-31 CN¥3.90 CN¥5.77 x
2018-12-31 CN¥5.05 CN¥5.77 x
2019-12-31 CN¥6.35 CN¥5.77 x
2020-12-31 CN¥7.63 CN¥5.77 x
2021-12-31 CN¥8.88 CN¥5.77 x
2022-12-31 CN¥8.50 CN¥5.77 x
2023-12-31 CN¥8.75 CN¥5.77 x
2024-12-31 CN¥8.64 CN¥5.77 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Jiangxi Wannianqing 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): 0.19%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 0.22%
  • • Asset Turnover: 0.36x
  • • Equity Multiplier: 2.40x
  • Recent ROE (0.19%) is below the historical average (14.08%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1994 68.13% 13.34% 2.22x 2.30x CN¥36.36 Million
1995 30.12% 13.31% 1.33x 1.70x CN¥27.25 Million
1996 24.42% 12.36% 1.17x 1.68x CN¥22.73 Million
1997 10.96% 13.80% 0.59x 1.34x CN¥3.71 Million
1998 11.15% 17.85% 0.47x 1.34x CN¥5.03 Million
1999 9.48% 13.75% 0.43x 1.62x CN¥-2.27 Million
2000 6.52% 14.59% 0.34x 1.33x CN¥-22.53 Million
2001 4.25% 8.11% 0.36x 1.46x CN¥-41.10 Million
2002 2.17% 4.01% 0.34x 1.61x CN¥-56.43 Million
2003 5.52% 7.27% 0.36x 2.10x CN¥-34.24 Million
2004 -6.92% -7.23% 0.35x 2.73x CN¥-117.27 Million
2005 -24.39% -20.96% 0.33x 3.56x CN¥-191.42 Million
2006 2.13% 1.51% 0.39x 3.62x CN¥-45.10 Million
2007 3.44% 2.62% 0.48x 2.73x CN¥-63.06 Million
2008 4.92% 2.55% 0.49x 3.91x CN¥-50.68 Million
2009 6.20% 2.31% 0.49x 5.44x CN¥-40.47 Million
2010 12.58% 3.98% 0.58x 5.41x CN¥31.45 Million
2011 33.12% 8.95% 0.80x 4.60x CN¥352.90 Million
2012 11.18% 4.09% 0.65x 4.22x CN¥20.17 Million
2013 20.87% 7.09% 0.79x 3.74x CN¥228.36 Million
2014 21.91% 8.23% 0.76x 3.52x CN¥298.90 Million
2015 9.43% 4.45% 0.62x 3.42x CN¥-15.01 Million
2016 8.18% 4.05% 0.67x 3.02x CN¥-51.16 Million
2017 14.89% 6.52% 0.85x 2.70x CN¥151.92 Million
2018 28.23% 11.14% 1.02x 2.49x CN¥734.56 Million
2019 40.57% 18.04% 0.96x 2.33x CN¥1.55 Billion
2020 34.37% 17.53% 0.83x 2.37x CN¥1.56 Billion
2021 31.07% 16.24% 0.81x 2.35x CN¥1.56 Billion
2022 8.41% 5.18% 0.62x 2.62x CN¥-110.47 Million
2023 3.28% 2.79% 0.48x 2.44x CN¥-469.30 Million
2024 0.19% 0.22% 0.36x 2.40x CN¥-676.22 Million

Industry Comparison

This section compares Jiangxi Wannianqing 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: $5,747,645,286
  • Average return on equity (ROE) among peers: 49.87%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Jiangxi Wannianqing Cement Co Ltd (000789) CN¥9.94 Billion 68.13% 0.59x $284.38 Million
CSG Holding Co Ltd (000012) $1.98 Billion 5.22% 0.62x $1.58 Billion
Tangshan Jidong Cement Co Ltd (000401) $30.60 Billion -4.84% 0.96x $788.07 Million
Gansu Shangfeng Cement Co Ltd (000672) $26.27 Million 402.35% 2.67x $782.48 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