City Development Environment Co Ltd (000885) - Net Assets
Based on the latest financial reports, City Development Environment Co Ltd (000885) has net assets worth CN¥10.88 Billion CNY (≈ $1.59 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥32.69 Billion ≈ $4.78 Billion USD) and total liabilities (CN¥21.80 Billion ≈ $3.19 Billion USD). 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. Check 000885 PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥10.88 Billion |
| % of Total Assets | 33.29% |
| Annual Growth Rate | 16.68% |
| 5-Year Change | 66.9% |
| 10-Year Change | 265.72% |
| Growth Volatility | 129.83 |
City Development Environment Co Ltd - Net Assets Trend (1995–2025)
This chart illustrates how City Development Environment Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market cap of City Development Environment Co Ltd.
Annual Net Assets for City Development Environment Co Ltd (1995–2025)
The table below shows the annual net assets of City Development Environment Co Ltd from 1995 to 2025. Also explore how fast is City Development Environment Co Ltd growing its equity to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥10.59 Billion ≈ $1.55 Billion |
+10.83% |
| 2024-12-31 | CN¥9.56 Billion ≈ $1.40 Billion |
+12.65% |
| 2023-12-31 | CN¥8.48 Billion ≈ $1.24 Billion |
+14.36% |
| 2022-12-31 | CN¥7.42 Billion ≈ $1.09 Billion |
+16.89% |
| 2021-12-31 | CN¥6.35 Billion ≈ $928.72 Million |
+20.68% |
| 2020-12-31 | CN¥5.26 Billion ≈ $769.56 Million |
+58.03% |
| 2019-12-31 | CN¥3.33 Billion ≈ $486.98 Million |
+26.15% |
| 2018-12-31 | CN¥2.64 Billion ≈ $386.02 Million |
+31.16% |
| 2017-12-31 | CN¥2.01 Billion ≈ $294.31 Million |
-30.56% |
| 2016-12-31 | CN¥2.90 Billion ≈ $423.82 Million |
+2.62% |
| 2015-12-31 | CN¥2.82 Billion ≈ $412.99 Million |
+3.72% |
| 2014-12-31 | CN¥2.72 Billion ≈ $398.16 Million |
+20.33% |
| 2013-12-31 | CN¥2.26 Billion ≈ $330.88 Million |
+4.04% |
| 2012-12-31 | CN¥2.17 Billion ≈ $318.02 Million |
+11.93% |
| 2011-12-31 | CN¥1.94 Billion ≈ $284.13 Million |
+19.40% |
| 2010-12-31 | CN¥1.63 Billion ≈ $237.97 Million |
+13.10% |
| 2009-12-31 | CN¥1.44 Billion ≈ $210.40 Million |
+334.52% |
| 2008-12-31 | CN¥330.91 Million ≈ $48.42 Million |
+19.70% |
| 2007-12-31 | CN¥276.45 Million ≈ $40.45 Million |
+529.07% |
| 2006-12-31 | CN¥43.95 Million ≈ $6.43 Million |
+17.37% |
| 2005-12-31 | CN¥37.44 Million ≈ $5.48 Million |
-61.59% |
| 2004-12-31 | CN¥97.48 Million ≈ $14.26 Million |
-45.93% |
| 2003-12-31 | CN¥180.27 Million ≈ $26.38 Million |
+74.35% |
| 2002-12-31 | CN¥103.40 Million ≈ $15.13 Million |
-66.82% |
| 2001-12-31 | CN¥311.66 Million ≈ $45.61 Million |
-47.98% |
| 2000-12-31 | CN¥599.11 Million ≈ $87.67 Million |
-5.66% |
| 1999-12-31 | CN¥635.04 Million ≈ $92.93 Million |
+3.43% |
| 1998-12-31 | CN¥613.96 Million ≈ $89.84 Million |
+388.84% |
| 1997-12-31 | CN¥125.60 Million ≈ $18.38 Million |
+1.45% |
| 1996-12-31 | CN¥123.80 Million ≈ $18.12 Million |
+19.67% |
| 1995-12-31 | CN¥103.46 Million ≈ $15.14 Million |
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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 716682574442.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥7.17 Billion | 75.54% |
| Other Components | CN¥2.32 Billion | 24.46% |
| Total Equity | CN¥9.49 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.
| Company | Market Cap |
|---|---|
|
Asseco South Eastern Europe S.A.
WAR:ASE
|
$1.14 Billion |
|
Winmark Corporation
NASDAQ:WINA
|
$1.14 Billion |
|
Empresas Lipigas S.A.
SN:LIPIGAS
|
$1.14 Billion |
|
Invisio Communications AB
ST:IVSO
|
$1.14 Billion |
|
KTK Group Co Ltd
SHG:603680
|
$1.14 Billion |
|
Shenzhen Click Technology Co Ltd
SHE:002782
|
$1.14 Billion |
|
Inwido AB
ST:INWI
|
$1.14 Billion |
|
Yeni Gimat Gayrimenkul Yatirim Ortakligi AS
IS:YGGYO
|
$1.14 Billion |
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 2024 to 2025, total equity changed from 8,476,428,196 to 9,487,216,979, a change of 1,010,788,783 (11.9%).
- Net income of 1,236,126,319 contributed positively to equity growth.
- Dividend payments of 735,471,050 reduced retained earnings.
- Other comprehensive income decreased equity by 712,061,458.
- Other factors increased equity by 1,222,194,973.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥1.24 Billion | +13.03% |
| Dividends Paid | CN¥735.47 Million | -7.75% |
| Other Comprehensive Income | CN¥-712.06 Million | -7.51% |
| Other Changes | CN¥1.22 Billion | +12.88% |
| Total Change | CN¥- | 11.92% |
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: 0.82x
- 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 35.31x to 0.82x 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¥12.16 | x |
| 1996-12-31 | CN¥0.41 | CN¥12.16 | x |
| 1997-12-31 | CN¥0.42 | CN¥12.16 | x |
| 1998-12-31 | CN¥2.04 | CN¥12.16 | x |
| 1999-12-31 | CN¥2.11 | CN¥12.16 | x |
| 2000-12-31 | CN¥1.99 | CN¥12.16 | x |
| 2001-12-31 | CN¥1.04 | CN¥12.16 | x |
| 2002-12-31 | CN¥0.34 | CN¥12.16 | x |
| 2003-12-31 | CN¥0.60 | CN¥12.16 | x |
| 2004-12-31 | CN¥0.32 | CN¥12.16 | x |
| 2005-12-31 | CN¥0.12 | CN¥12.16 | x |
| 2006-12-31 | CN¥0.15 | CN¥12.16 | x |
| 2007-12-31 | CN¥0.65 | CN¥12.16 | x |
| 2008-12-31 | CN¥0.52 | CN¥12.16 | x |
| 2009-12-31 | CN¥2.32 | CN¥12.16 | x |
| 2010-12-31 | CN¥2.61 | CN¥12.16 | x |
| 2011-12-31 | CN¥3.14 | CN¥12.16 | x |
| 2012-12-31 | CN¥3.53 | CN¥12.16 | x |
| 2013-12-31 | CN¥3.68 | CN¥12.16 | x |
| 2014-12-31 | CN¥4.39 | CN¥12.16 | x |
| 2015-12-31 | CN¥4.21 | CN¥12.16 | x |
| 2016-12-31 | CN¥4.28 | CN¥12.16 | x |
| 2017-12-31 | CN¥3.46 | CN¥12.16 | x |
| 2018-12-31 | CN¥4.57 | CN¥12.16 | x |
| 2019-12-31 | CN¥5.51 | CN¥12.16 | x |
| 2020-12-31 | CN¥8.62 | CN¥12.16 | x |
| 2021-12-31 | CN¥8.73 | CN¥12.16 | x |
| 2022-12-31 | CN¥10.17 | CN¥12.16 | x |
| 2023-12-31 | CN¥11.68 | CN¥12.16 | x |
| 2024-12-31 | CN¥13.20 | CN¥12.16 | x |
| 2025-12-31 | CN¥14.78 | CN¥12.16 | 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): 13.03%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.83%
- • Asset Turnover: 0.20x
- • Equity Multiplier: 3.43x
- Recent ROE (13.03%) is above the historical average (1.66%), 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 |
| 2025 | 13.03% | 18.83% | 0.20x | 3.43x | CN¥287.40 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: $7,645,472,510
- Average return on equity (ROE) among peers: 11.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| City Development Environment Co Ltd (000885) | CN¥10.88 Billion | 36.02% | 2.00x | $1.14 Billion |
| Guangdong Provincial Expressway Development Co Ltd (000429) | $6.13 Billion | 11.36% | 0.98x | $3.29 Billion |
| Shanxi Sanwei Group Co Ltd (000755) | $5.35 Billion | 8.71% | 1.33x | $1.05 Billion |
| Dongguan Development Holdings Co Ltd (000828) | $14.58 Billion | 5.68% | 0.82x | $1.53 Billion |
| Xiandai Investment Co Ltd (000900) | $125.23 Million | 37.71% | 2.70x | $815.13 Million |
| Merchant Express Class A (001965) | $25.48 Billion | 9.67% | 0.60x | $9.72 Billion |
| Shandong Sunway Petrochemical Engineering Co Ltd (002469) | $1.29 Billion | 4.44% | 0.30x | $610.52 Million |
| Xinjiang Communications Construction Group Co Ltd Class A (002941) | $4.46 Billion | 7.88% | 3.17x | $1.18 Billion |
| Guangdong Provincial Expressway Development Co Ltd (200429) | $5.87 Billion | 5.43% | 1.13x | $410.47 Million |
| Anhui Expressway Co Ltd (600012) | $5.53 Billion | 12.18% | 0.73x | $2.87 Billion |
About City Development Environment Co Ltd
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; hazardous waste, medical waste, and organic waste; and professional operation services. It also provides cleaning and sanitation, domestic waste collection and transportation, construct… Read more