Xinjiang Tianshan Cement Co Ltd

SHE:000877 China Building Materials
Market Cap
$5.10 Billion
CN¥37.40 Billion CNY
Market Cap Rank
#8215 Global
#1514 in China
Share Price
CN¥5.26
Change (1 day)
+0.00%
52-Week Range
CN¥4.49 - CN¥7.24
All Time High
CN¥21.51
Categories
Companies in China Building Materials
About

Tianshan Material Co., Ltd. produces and sells cement, commercial concrete, and aggregates in China and internationally. The company offers Portland cement, ordinary Portland cement, sulphoaluminate cement, oil well cement, hydraulic cement, high-temperature heavy oil cement, sulfate-resistant cement, road, and ultra-fine silicate Portland cement, as well as Portland cement for nuclear power engi… Read more

Xinjiang Tianshan Cement Co Ltd (000877) - Net Assets

Latest net assets as of September 2025: CN¥98.63 Billion CNY

Based on the latest financial reports, Xinjiang Tianshan Cement Co Ltd (000877) has net assets worth CN¥98.63 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¥289.73 Billion) and total liabilities (CN¥191.10 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¥98.63 Billion
% of Total Assets 34.04%
Annual Growth Rate 27.53%
5-Year Change 778.74%
10-Year Change 1238.0%
Growth Volatility 142.04

Xinjiang Tianshan Cement Co Ltd - Net Assets Trend (1995–2024)

This chart illustrates how Xinjiang Tianshan 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 Xinjiang Tianshan Cement Co Ltd (1995–2024)

The table below shows the annual net assets of Xinjiang Tianshan Cement Co Ltd from 1995 to 2024.

Year Net Assets Change
2024-12-31 CN¥99.47 Billion -1.07%
2023-12-31 CN¥100.54 Billion +3.33%
2022-12-31 CN¥97.30 Billion +6.55%
2021-12-31 CN¥91.32 Billion +706.75%
2020-12-31 CN¥11.32 Billion +11.65%
2019-12-31 CN¥10.14 Billion +10.44%
2018-12-31 CN¥9.18 Billion +11.04%
2017-12-31 CN¥8.27 Billion +21.92%
2016-12-31 CN¥6.78 Billion -8.79%
2015-12-31 CN¥7.43 Billion -8.05%
2014-12-31 CN¥8.08 Billion +2.03%
2013-12-31 CN¥7.92 Billion +4.32%
2012-12-31 CN¥7.60 Billion +40.61%
2011-12-31 CN¥5.40 Billion +26.35%
2010-12-31 CN¥4.28 Billion +124.79%
2009-12-31 CN¥1.90 Billion +47.81%
2008-12-31 CN¥1.29 Billion +9.68%
2007-12-31 CN¥1.17 Billion +9.48%
2006-12-31 CN¥1.07 Billion +1.72%
2005-12-31 CN¥1.05 Billion -5.12%
2004-12-31 CN¥1.11 Billion -11.62%
2003-12-31 CN¥1.26 Billion +19.40%
2002-12-31 CN¥1.05 Billion +16.18%
2001-12-31 CN¥905.55 Million +6.04%
2000-12-31 CN¥853.98 Million +86.11%
1999-12-31 CN¥458.86 Million +14.35%
1998-12-31 CN¥401.29 Million +366.84%
1997-12-31 CN¥85.96 Million 0.00%
1996-12-31 CN¥85.96 Million 0.00%
1995-12-31 CN¥85.96 Million --

Equity Component Analysis

This analysis shows how different components contribute to Xinjiang Tianshan 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 3205017800000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥32.05 Billion 38.74%
Common Stock CN¥7.11 Billion 8.60%
Other Comprehensive Income CN¥6.53 Billion 7.89%
Other Components CN¥37.03 Billion 44.77%
Total Equity CN¥82.73 Billion 100.00%

Xinjiang Tianshan Cement Co Ltd Competitors by Market Cap

The table below lists competitors of Xinjiang Tianshan Cement Co Ltd ranked by their market capitalization.

Company Market Cap
Greencoat Renewables PLC
IR:GRP
 		$799.97 Million
Guangzhou KingTeller Technology Co Ltd
SHE:002177
 		$799.98 Million
Datang Telecom Technology Co Ltd
SHG:600198
 		$800.33 Million
IRISH CONTINENTAL GRP UTS
F:IR5B
 		$800.71 Million
Shandong Jinjing Science and Technology Stock Co Ltd
SHG:600586
 		$799.78 Million
CMST Development Co Ltd
SHG:600787
 		$799.78 Million
Acom Co. Ltd
PINK:ACJJF
 		$799.50 Million
Zhejiang Taotao Vehicles Co. Ltd. A
SHE:301345
 		$799.44 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 84,147,177,984 to 82,725,014,000, a change of -1,422,163,984 (-1.7%).
  • Net loss of 598,396,510 reduced equity.
  • Dividend payments of 4,079,741,000 reduced retained earnings.
  • Other comprehensive income increased equity by 308,770,631.
  • Other factors increased equity by 2,947,202,895.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-598.40 Million -0.72%
Dividends Paid CN¥4.08 Billion -4.93%
Other Comprehensive Income CN¥308.77 Million +0.37%
Other Changes CN¥2.95 Billion +3.56%
Total Change CN¥- -1.69%

Book Value vs Market Value Analysis

This analysis compares Xinjiang Tianshan 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: 0.51x
  • 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 34.47x to 0.51x 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¥0.15 CN¥5.26 x
1996-12-31 CN¥0.15 CN¥5.26 x
1997-12-31 CN¥0.15 CN¥5.26 x
1998-12-31 CN¥0.71 CN¥5.26 x
1999-12-31 CN¥0.80 CN¥5.26 x
2000-12-31 CN¥1.19 CN¥5.26 x
2001-12-31 CN¥1.22 CN¥5.26 x
2002-12-31 CN¥1.33 CN¥5.26 x
2003-12-31 CN¥1.45 CN¥5.26 x
2004-12-31 CN¥0.99 CN¥5.26 x
2005-12-31 CN¥0.95 CN¥5.26 x
2006-12-31 CN¥0.98 CN¥5.26 x
2007-12-31 CN¥1.18 CN¥5.26 x
2008-12-31 CN¥1.52 CN¥5.26 x
2009-12-31 CN¥2.45 CN¥5.26 x
2010-12-31 CN¥5.51 CN¥5.26 x
2011-12-31 CN¥5.80 CN¥5.26 x
2012-12-31 CN¥7.51 CN¥5.26 x
2013-12-31 CN¥7.57 CN¥5.26 x
2014-12-31 CN¥7.77 CN¥5.26 x
2015-12-31 CN¥7.31 CN¥5.26 x
2016-12-31 CN¥6.66 CN¥5.26 x
2017-12-31 CN¥8.35 CN¥5.26 x
2018-12-31 CN¥8.01 CN¥5.26 x
2019-12-31 CN¥9.20 CN¥5.26 x
2020-12-31 CN¥10.14 CN¥5.26 x
2021-12-31 CN¥9.10 CN¥5.26 x
2022-12-31 CN¥9.44 CN¥5.26 x
2023-12-31 CN¥9.71 CN¥5.26 x
2024-12-31 CN¥10.31 CN¥5.26 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Xinjiang Tianshan 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): -0.72%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -0.69%
  • • Asset Turnover: 0.30x
  • • Equity Multiplier: 3.48x
  • Recent ROE (-0.72%) is below the historical average (12.78%), 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 22.22% 15.56% 0.86x 1.67x CN¥10.51 Million
1996 25.22% 15.96% 0.84x 1.89x CN¥13.08 Million
1997 23.73% 16.33% 0.77x 1.88x CN¥11.80 Million
1998 10.27% 21.75% 0.27x 1.73x CN¥1.07 Million
1999 10.50% 15.38% 0.38x 1.82x CN¥2.25 Million
2000 10.13% 16.80% 0.26x 2.30x CN¥865.66K
2001 8.78% 8.51% 0.27x 3.86x CN¥-8.39 Million
2002 8.98% 7.63% 0.29x 4.05x CN¥-7.64 Million
2003 8.21% 4.58% 0.33x 5.36x CN¥-14.63 Million
2004 -44.56% -14.13% 0.37x 8.42x CN¥-305.66 Million
2005 1.70% 0.50% 0.41x 8.27x CN¥-44.54 Million
2006 8.00% 2.27% 0.45x 7.74x CN¥-11.06 Million
2007 15.75% 4.16% 0.57x 6.68x CN¥38.26 Million
2008 22.59% 5.50% 0.58x 7.07x CN¥107.00 Million
2009 25.31% 8.53% 0.52x 5.68x CN¥212.34 Million
2010 13.98% 8.86% 0.55x 2.87x CN¥143.95 Million
2011 24.98% 13.65% 0.54x 3.39x CN¥677.75 Million
2012 4.93% 4.14% 0.40x 2.96x CN¥-327.76 Million
2013 4.23% 3.57% 0.37x 3.20x CN¥-385.10 Million
2014 3.69% 3.86% 0.30x 3.16x CN¥-431.36 Million
2015 -8.16% -10.40% 0.25x 3.19x CN¥-1.17 Billion
2016 1.70% 2.00% 0.27x 3.15x CN¥-486.56 Million
2017 3.60% 3.74% 0.38x 2.51x CN¥-470.18 Million
2018 14.77% 15.65% 0.47x 2.03x CN¥401.10 Million
2019 16.96% 16.88% 0.63x 1.58x CN¥671.08 Million
2020 122.17% 8.01% 10.82x 1.41x CN¥11.92 Billion
2021 16.52% 7.38% 0.60x 3.75x CN¥4.95 Billion
2022 5.55% 3.43% 0.46x 3.53x CN¥-3.64 Billion
2023 2.34% 1.83% 0.36x 3.50x CN¥-6.45 Billion
2024 -0.72% -0.69% 0.30x 3.48x CN¥-8.87 Billion

Industry Comparison

This section compares Xinjiang Tianshan 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: $5,437,393,831
  • Average return on equity (ROE) among peers: 49.70%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Xinjiang Tianshan Cement Co Ltd (000877) CN¥98.63 Billion 22.22% 1.94x $799.89 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
Jiangxi Wannianqing Cement Co Ltd (000789) $2.61 Billion 19.37% 1.69x $284.38 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