Hainan Expressway Co Ltd
Hainan Expressway Co., Ltd. engages in the transportation, real estate development, cultural tourism, and other businesses in China. It is involved in the sale of transportation building materials, deep-sea aquaculture products, and real estate properties; investment, construction, operation, and maintenance of expressways; and construction project management, digital economy, hotel, property, ad… Read more
Hainan Expressway Co Ltd (000886) - Net Assets
Latest net assets as of September 2025: CN¥3.07 Billion CNY
Based on the latest financial reports, Hainan Expressway Co Ltd (000886) has net assets worth CN¥3.07 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¥3.95 Billion) and total liabilities (CN¥881.00 Million). 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¥3.07 Billion |
| % of Total Assets | 77.69% |
| Annual Growth Rate | 2.47% |
| 5-Year Change | 8.27% |
| 10-Year Change | 22.62% |
| Growth Volatility | 6.91 |
Hainan Expressway Co Ltd - Net Assets Trend (1994–2024)
This chart illustrates how Hainan Expressway 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 Hainan Expressway Co Ltd (1994–2024)
The table below shows the annual net assets of Hainan Expressway Co Ltd from 1994 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.07 Billion | +0.33% |
| 2023-12-31 | CN¥3.06 Billion | +0.92% |
| 2022-12-31 | CN¥3.03 Billion | +7.15% |
| 2021-12-31 | CN¥2.83 Billion | -0.20% |
| 2020-12-31 | CN¥2.83 Billion | +1.44% |
| 2019-12-31 | CN¥2.79 Billion | +0.46% |
| 2018-12-31 | CN¥2.78 Billion | +4.37% |
| 2017-12-31 | CN¥2.66 Billion | +3.57% |
| 2016-12-31 | CN¥2.57 Billion | +2.82% |
| 2015-12-31 | CN¥2.50 Billion | -8.56% |
| 2014-12-31 | CN¥2.74 Billion | -0.32% |
| 2013-12-31 | CN¥2.75 Billion | +5.18% |
| 2012-12-31 | CN¥2.61 Billion | +3.75% |
| 2011-12-31 | CN¥2.52 Billion | +3.29% |
| 2010-12-31 | CN¥2.44 Billion | +5.14% |
| 2009-12-31 | CN¥2.32 Billion | +2.49% |
| 2008-12-31 | CN¥2.26 Billion | +1.17% |
| 2007-12-31 | CN¥2.23 Billion | +1.50% |
| 2006-12-31 | CN¥2.20 Billion | -1.12% |
| 2005-12-31 | CN¥2.23 Billion | -0.41% |
| 2004-12-31 | CN¥2.23 Billion | -1.06% |
| 2003-12-31 | CN¥2.26 Billion | -4.11% |
| 2002-12-31 | CN¥2.36 Billion | -6.49% |
| 2001-12-31 | CN¥2.52 Billion | -3.06% |
| 2000-12-31 | CN¥2.60 Billion | -3.02% |
| 1999-12-31 | CN¥2.68 Billion | +5.01% |
| 1998-12-31 | CN¥2.55 Billion | +9.89% |
| 1997-12-31 | CN¥2.32 Billion | +31.20% |
| 1996-12-31 | CN¥1.77 Billion | +13.64% |
| 1995-12-31 | CN¥1.56 Billion | +5.47% |
| 1994-12-31 | CN¥1.48 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hainan Expressway 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 3434.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥692.44 Million | 22.84% |
| Common Stock | CN¥988.83 Million | 32.62% |
| Other Components | CN¥1.35 Billion | 44.54% |
| Total Equity | CN¥3.03 Billion | 100.00% |
Hainan Expressway Co Ltd Competitors by Market Cap
The table below lists competitors of Hainan Expressway Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dat Xanh Real Estate Service Contructions Corp
VN:DXG
|
$593.23 Million |
|
Mister Car Wash, Inc. Common Stock
NASDAQ:MCW
|
$593.28 Million |
|
Xiangxue Pharmaceutical
SHE:300147
|
$593.40 Million |
|
VOLEX PLC LS -25
F:64K
|
$593.46 Million |
|
Eramet SA
PA:ERA
|
$593.02 Million |
|
Zhongmin Energy Co Ltd
SHG:600163
|
$592.94 Million |
|
Artis Real Estate Investment Trust
TO:AX-UN
|
$592.67 Million |
|
SANFILIPPOJOHN B. DL-01
F:JO1
|
$592.61 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hainan Expressway Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,052,747,696 to 3,031,618,433, a change of -21,129,263 (-0.7%).
- Net income of 61,503,244 contributed positively to equity growth.
- Dividend payments of 70,357,354 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥61.50 Million | +2.03% |
| Dividends Paid | CN¥70.36 Million | -2.32% |
| Other Changes | CN¥-12.28 Million | -0.4% |
| Total Change | CN¥- | -0.69% |
Book Value vs Market Value Analysis
This analysis compares Hainan Expressway 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: 2.01x
- 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 4.07x to 2.01x 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¥1.51 | CN¥6.15 | x |
| 1995-12-31 | CN¥1.60 | CN¥6.15 | x |
| 1996-12-31 | CN¥1.81 | CN¥6.15 | x |
| 1997-12-31 | CN¥2.38 | CN¥6.15 | x |
| 1998-12-31 | CN¥2.61 | CN¥6.15 | x |
| 1999-12-31 | CN¥2.74 | CN¥6.15 | x |
| 2000-12-31 | CN¥2.65 | CN¥6.15 | x |
| 2001-12-31 | CN¥2.57 | CN¥6.15 | x |
| 2002-12-31 | CN¥2.40 | CN¥6.15 | x |
| 2003-12-31 | CN¥2.30 | CN¥6.15 | x |
| 2004-12-31 | CN¥2.28 | CN¥6.15 | x |
| 2005-12-31 | CN¥2.27 | CN¥6.15 | x |
| 2006-12-31 | CN¥2.15 | CN¥6.15 | x |
| 2007-12-31 | CN¥2.28 | CN¥6.15 | x |
| 2008-12-31 | CN¥2.28 | CN¥6.15 | x |
| 2009-12-31 | CN¥2.34 | CN¥6.15 | x |
| 2010-12-31 | CN¥2.44 | CN¥6.15 | x |
| 2011-12-31 | CN¥2.53 | CN¥6.15 | x |
| 2012-12-31 | CN¥2.63 | CN¥6.15 | x |
| 2013-12-31 | CN¥2.77 | CN¥6.15 | x |
| 2014-12-31 | CN¥2.74 | CN¥6.15 | x |
| 2015-12-31 | CN¥2.52 | CN¥6.15 | x |
| 2016-12-31 | CN¥2.59 | CN¥6.15 | x |
| 2017-12-31 | CN¥2.68 | CN¥6.15 | x |
| 2018-12-31 | CN¥2.84 | CN¥6.15 | x |
| 2019-12-31 | CN¥2.82 | CN¥6.15 | x |
| 2020-12-31 | CN¥2.86 | CN¥6.15 | x |
| 2021-12-31 | CN¥2.86 | CN¥6.15 | x |
| 2022-12-31 | CN¥3.06 | CN¥6.15 | x |
| 2023-12-31 | CN¥3.10 | CN¥6.15 | x |
| 2024-12-31 | CN¥3.07 | CN¥6.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hainan Expressway 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): 2.03%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 26.42%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 1.28x
- Recent ROE (2.03%) is below the historical average (3.45%), 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 | 9.59% | 115.64% | 0.05x | 1.57x | CN¥-6.12 Million |
| 1995 | 10.13% | 75.48% | 0.08x | 1.72x | CN¥2.02 Million |
| 1996 | 12.00% | 80.76% | 0.09x | 1.72x | CN¥35.43 Million |
| 1997 | 9.03% | 78.68% | 0.07x | 1.67x | CN¥-22.59 Million |
| 1998 | 9.00% | 74.35% | 0.07x | 1.77x | CN¥-25.51 Million |
| 1999 | 4.70% | 37.69% | 0.06x | 1.93x | CN¥-141.58 Million |
| 2000 | 2.79% | 20.51% | 0.07x | 2.05x | CN¥-186.57 Million |
| 2001 | 0.91% | 7.95% | 0.05x | 2.27x | CN¥-227.85 Million |
| 2002 | 0.98% | 6.07% | 0.07x | 2.32x | CN¥-211.21 Million |
| 2003 | -2.50% | -24.65% | 0.04x | 2.47x | CN¥-280.49 Million |
| 2004 | 0.44% | 3.01% | 0.06x | 2.43x | CN¥-212.32 Million |
| 2005 | 0.70% | 5.54% | 0.05x | 2.36x | CN¥-205.75 Million |
| 2006 | 0.56% | 3.51% | 0.07x | 2.33x | CN¥-207.27 Million |
| 2007 | 1.14% | 10.23% | 0.05x | 2.34x | CN¥-197.02 Million |
| 2008 | 1.18% | 11.42% | 0.09x | 1.16x | CN¥-198.40 Million |
| 2009 | 2.31% | 25.18% | 0.08x | 1.17x | CN¥-177.26 Million |
| 2010 | 4.87% | 19.87% | 0.20x | 1.22x | CN¥-124.23 Million |
| 2011 | 6.25% | 29.53% | 0.18x | 1.19x | CN¥-93.85 Million |
| 2012 | 3.54% | 26.81% | 0.11x | 1.15x | CN¥-167.85 Million |
| 2013 | 4.83% | 26.62% | 0.15x | 1.17x | CN¥-141.39 Million |
| 2014 | 1.46% | 13.26% | 0.09x | 1.19x | CN¥-232.80 Million |
| 2015 | -9.46% | -110.98% | 0.07x | 1.25x | CN¥-484.66 Million |
| 2016 | 2.47% | 18.02% | 0.11x | 1.21x | CN¥-193.07 Million |
| 2017 | 3.55% | 16.17% | 0.18x | 1.19x | CN¥-171.54 Million |
| 2018 | 5.99% | 35.96% | 0.14x | 1.18x | CN¥-111.41 Million |
| 2019 | 2.24% | 35.86% | 0.05x | 1.17x | CN¥-216.41 Million |
| 2020 | 3.28% | 77.14% | 0.04x | 1.14x | CN¥-190.05 Million |
| 2021 | 1.82% | 40.51% | 0.04x | 1.12x | CN¥-231.08 Million |
| 2022 | 8.27% | 147.88% | 0.05x | 1.12x | CN¥-52.28 Million |
| 2023 | 2.96% | 72.89% | 0.04x | 1.13x | CN¥-214.77 Million |
| 2024 | 2.03% | 26.42% | 0.06x | 1.28x | CN¥-241.66 Million |
Industry Comparison
This section compares Hainan Expressway Co Ltd's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $2,296,853,213
- Average return on equity (ROE) among peers: -21.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hainan Expressway Co Ltd (000886) | CN¥3.07 Billion | 9.59% | 0.29x | $593.20 Million |
| Shenzhen Ecobeauty Co Ltd (000010) | $2.21 Billion | 1.80% | 1.20x | $542.14 Million |
| Shenzhen Sed Industry Co Ltd (000032) | $273.69 Million | 5.51% | 1.09x | $1.18 Billion |
| NORINCO International Cooperation Ltd (000065) | $10.22 Billion | 10.27% | 1.39x | $959.60 Million |
| Shenzhen Tagen Group Co Ltd (000090) | $1.08 Billion | 6.39% | 1.55x | $602.43 Million |
| Shandong Hi-Speed Road&Bridge (000498) | $433.84 Million | -22.79% | 2.88x | $597.20 Million |
| Jinyuan Cement Co Ltd (000546) | $4.61 Billion | 0.86% | 0.22x | $312.99 Million |
| Hunan Investment Group Co Ltd (000548) | $1.41 Billion | 7.29% | 0.50x | $259.03 Million |
| ChengDu Hi-Tech Development Co Ltd (000628) | $134.20 Million | -202.04% | 12.95x | $1.18 Billion |
| Gansu Engineering Consulting Group Co Ltd (000779) | $307.94 Million | -4.18% | 0.33x | $300.46 Million |