City Development Environment Co Ltd

SHE:000885 China Infrastructure Operations
Market Cap
$1.27 Billion
CN¥9.31 Billion CNY
Market Cap Rank
#11009 Global
#2537 in China
Share Price
CN¥14.50
Change (1 day)
+0.00%
52-Week Range
CN¥12.22 - CN¥15.94
All Time High
CN¥30.12
About

CEVIA Enviro Inc., together with its subsidiaries, engages in solid waste treatment business in China. The company engages in investment, construction and operation of domestic waste incineration power generation; disposal of hazardous waste, medical waste, and organic waste; and professional operation services. It also provides cleaning and sanitation, domestic waste collection and transportatio… Read more

City Development Environment Co Ltd (000885) - Net Assets

Latest net assets as of September 2025: CN¥10.30 Billion CNY

Based on the latest financial reports, City Development Environment Co Ltd (000885) has net assets worth CN¥10.30 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¥32.60 Billion) and total liabilities (CN¥22.30 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¥10.30 Billion
% of Total Assets 31.6%
Annual Growth Rate 16.89%
5-Year Change 81.73%
10-Year Change 238.63%
Growth Volatility 131.88

City Development Environment Co Ltd - Net Assets Trend (1995–2024)

This chart illustrates how City Development Environment 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 City Development Environment Co Ltd (1995–2024)

The table below shows the annual net assets of City Development Environment Co Ltd from 1995 to 2024.

Year Net Assets Change
2024-12-31 CN¥9.56 Billion +12.65%
2023-12-31 CN¥8.48 Billion +14.36%
2022-12-31 CN¥7.42 Billion +16.89%
2021-12-31 CN¥6.35 Billion +20.68%
2020-12-31 CN¥5.26 Billion +58.03%
2019-12-31 CN¥3.33 Billion +26.15%
2018-12-31 CN¥2.64 Billion +31.16%
2017-12-31 CN¥2.01 Billion -30.56%
2016-12-31 CN¥2.90 Billion +2.62%
2015-12-31 CN¥2.82 Billion +3.72%
2014-12-31 CN¥2.72 Billion +20.33%
2013-12-31 CN¥2.26 Billion +4.04%
2012-12-31 CN¥2.17 Billion +11.93%
2011-12-31 CN¥1.94 Billion +19.40%
2010-12-31 CN¥1.63 Billion +13.10%
2009-12-31 CN¥1.44 Billion +334.52%
2008-12-31 CN¥330.91 Million +19.70%
2007-12-31 CN¥276.45 Million +529.07%
2006-12-31 CN¥43.95 Million +17.37%
2005-12-31 CN¥37.44 Million -61.59%
2004-12-31 CN¥97.48 Million -45.93%
2003-12-31 CN¥180.27 Million +74.35%
2002-12-31 CN¥103.40 Million -66.82%
2001-12-31 CN¥311.66 Million -47.98%
2000-12-31 CN¥599.11 Million -5.66%
1999-12-31 CN¥635.04 Million +3.43%
1998-12-31 CN¥613.96 Million +388.84%
1997-12-31 CN¥125.60 Million +1.45%
1996-12-31 CN¥123.80 Million +19.67%
1995-12-31 CN¥103.46 Million --

Equity Component Analysis

This analysis shows how different components contribute to City Development Environment 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 615899166400.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥6.16 Billion 72.66%
Common Stock CN¥642.08 Million 7.57%
Other Comprehensive Income CN¥712.06 Million 8.40%
Other Components CN¥963.30 Million 11.36%
Total Equity CN¥8.48 Billion 100.00%

City Development Environment Co Ltd Competitors by Market Cap

The table below lists competitors of City Development Environment Co Ltd ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 7,501,741,588 to 8,476,428,196, a change of 974,686,608 (13.0%).
  • Net income of 1,141,468,585 contributed positively to equity growth.
  • Dividend payments of 711,916,733 reduced retained earnings.
  • Other comprehensive income increased equity by 705,789,412.
  • Other factors decreased equity by 160,654,656.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥1.14 Billion +13.47%
Dividends Paid CN¥711.92 Million -8.4%
Other Comprehensive Income CN¥705.79 Million +8.33%
Other Changes CN¥-160.65 Million -1.9%
Total Change CN¥- 12.99%

Book Value vs Market Value Analysis

This analysis compares City Development Environment 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: 1.10x
  • 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 42.10x to 1.10x 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¥0.34 CN¥14.50 x
1996-12-31 CN¥0.41 CN¥14.50 x
1997-12-31 CN¥0.42 CN¥14.50 x
1998-12-31 CN¥2.04 CN¥14.50 x
1999-12-31 CN¥2.11 CN¥14.50 x
2000-12-31 CN¥1.99 CN¥14.50 x
2001-12-31 CN¥1.04 CN¥14.50 x
2002-12-31 CN¥0.34 CN¥14.50 x
2003-12-31 CN¥0.60 CN¥14.50 x
2004-12-31 CN¥0.32 CN¥14.50 x
2005-12-31 CN¥0.12 CN¥14.50 x
2006-12-31 CN¥0.15 CN¥14.50 x
2007-12-31 CN¥0.65 CN¥14.50 x
2008-12-31 CN¥0.52 CN¥14.50 x
2009-12-31 CN¥2.32 CN¥14.50 x
2010-12-31 CN¥2.61 CN¥14.50 x
2011-12-31 CN¥3.14 CN¥14.50 x
2012-12-31 CN¥3.53 CN¥14.50 x
2013-12-31 CN¥3.68 CN¥14.50 x
2014-12-31 CN¥4.39 CN¥14.50 x
2015-12-31 CN¥4.21 CN¥14.50 x
2016-12-31 CN¥4.28 CN¥14.50 x
2017-12-31 CN¥3.46 CN¥14.50 x
2018-12-31 CN¥4.57 CN¥14.50 x
2019-12-31 CN¥5.51 CN¥14.50 x
2020-12-31 CN¥8.62 CN¥14.50 x
2021-12-31 CN¥8.73 CN¥14.50 x
2022-12-31 CN¥10.17 CN¥14.50 x
2023-12-31 CN¥11.68 CN¥14.50 x
2024-12-31 CN¥13.20 CN¥14.50 x

Capital Efficiency Dashboard

This dashboard shows how efficiently City Development Environment 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): 13.47%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 17.27%
  • • Asset Turnover: 0.22x
  • • Equity Multiplier: 3.62x
  • Recent ROE (13.47%) is above the historical average (1.28%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1995 36.02% 5.87% 3.55x 1.73x CN¥26.92 Million
1996 31.95% 6.51% 2.38x 2.06x CN¥27.17 Million
1997 34.27% 7.12% 2.30x 2.09x CN¥30.48 Million
1998 6.64% 8.13% 0.70x 1.16x CN¥-20.60 Million
1999 3.79% 5.28% 0.47x 1.52x CN¥-39.42 Million
2000 -13.92% -28.28% 0.33x 1.48x CN¥-143.31 Million
2001 -96.13% -290.69% 0.18x 1.87x CN¥-330.76 Million
2002 -77.49% -128.13% 0.14x 4.44x CN¥-89.17 Million
2003 14.02% 14.95% 0.44x 2.12x CN¥7.19 Million
2004 -86.72% -64.39% 0.44x 3.05x CN¥-92.98 Million
2005 -163.71% -59.18% 0.39x 7.03x CN¥-63.52 Million
2006 74.17% 7.06% 2.00x 5.24x CN¥27.82 Million
2007 21.86% 7.86% 0.58x 4.76x CN¥22.89 Million
2008 20.37% 7.44% 0.71x 3.83x CN¥25.13 Million
2009 10.44% 4.47% 0.65x 3.60x CN¥4.72 Million
2010 10.55% 4.62% 0.63x 3.60x CN¥6.65 Million
2011 16.40% 6.05% 0.83x 3.28x CN¥93.93 Million
2012 9.94% 3.99% 0.79x 3.16x CN¥-969.17K
2013 3.85% 1.66% 0.77x 3.02x CN¥-105.81 Million
2014 8.28% 4.49% 0.83x 2.22x CN¥-37.42 Million
2015 1.65% 1.12% 0.54x 2.71x CN¥-182.86 Million
2016 21.15% 33.95% 0.22x 2.83x CN¥248.37 Million
2017 32.31% 27.81% 0.27x 4.34x CN¥416.25 Million
2018 23.38% 28.65% 0.25x 3.27x CN¥332.52 Million
2019 20.85% 27.58% 0.25x 3.01x CN¥324.82 Million
2020 13.13% 18.14% 0.26x 2.83x CN¥147.29 Million
2021 17.28% 17.15% 0.26x 3.88x CN¥407.99 Million
2022 16.18% 16.62% 0.25x 3.91x CN¥403.37 Million
2023 14.33% 16.48% 0.22x 3.88x CN¥324.87 Million
2024 13.47% 17.27% 0.22x 3.62x CN¥293.83 Million

Industry Comparison

This section compares City Development Environment Co Ltd's net assets metrics with peer companies in the Infrastructure Operations industry.

Industry Context

  • Industry: Infrastructure Operations
  • Average net assets among peers: $11,334,328,803
  • Average return on equity (ROE) among peers: 7.53%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
City Development Environment Co Ltd (000885) CN¥10.30 Billion 36.02% 2.16x $431.18 Million
Guangdong Provincial Expressway Development Co Ltd (000429) $13.20 Billion 11.84% 0.70x $1.70 Billion
Shanxi Sanwei Group Co Ltd (000755) $539.19 Million 10.13% 0.48x $238.99 Million
Dongguan Development Holdings Co Ltd (000828) $2.49 Billion 8.72% 0.15x $467.27 Million
Xiandai Investment Co Ltd (000900) $2.36 Billion 6.32% 1.08x $469.11 Million
Merchant Express Class A (001965) $67.67 Billion 7.18% 0.70x $2.90 Billion
Shandong Sunway Petrochemical Engineering Co Ltd (002469) $1.29 Billion 4.44% 0.30x $616.07 Million
Xinjiang Communications Construction Group Co Ltd Class A (002941) $5.02 Billion 6.37% 2.96x $825.97 Million
Anhui Expressway Co Ltd (600012) $3.08 Billion 8.07% 0.42x $1.30 Billion
Henan Zhongyuan Expressway Co Ltd (600020) $6.36 Billion 4.68% 3.77x $484.63 Million