Xiandai Investment Co Ltd

SHE:000900 China Infrastructure Operations
Market Cap
$901.94 Million
CN¥6.62 Billion CNY
Market Cap Rank
#10527 Global
#2350 in China
Share Price
CN¥4.36
Change (1 day)
+0.23%
52-Week Range
CN¥3.69 - CN¥4.65
All Time High
CN¥5.09
Categories
Companies in China Infrastructure Operations
About

Xiandai Investment Co.,Ltd engages in the construction, operation, maintenance, and management of roads, tunnels, bridges, and ferries in China. It is involved in the investment, development, and operation of real estate; investment and management of hotels; toll collection; construction, charging, and maintenance of highways; car cleaning and parking services; advertising activities; and sale of… Read more

Xiandai Investment Co Ltd (000900) - Net Assets

Latest net assets as of June 2025: CN¥14.41 Billion CNY

Based on the latest financial reports, Xiandai Investment Co Ltd (000900) has net assets worth CN¥14.41 Billion CNY as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥58.87 Billion) and total liabilities (CN¥44.46 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¥14.41 Billion
% of Total Assets 24.48%
Annual Growth Rate 17.75%
5-Year Change 22.4%
10-Year Change 102.57%
Growth Volatility 72.86

Xiandai Investment Co Ltd - Net Assets Trend (1995–2024)

This chart illustrates how Xiandai Investment 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 Xiandai Investment Co Ltd (1995–2024)

The table below shows the annual net assets of Xiandai Investment Co Ltd from 1995 to 2024.

Year Net Assets Change
2024-12-31 CN¥14.31 Billion +0.72%
2023-12-31 CN¥14.21 Billion +3.27%
2022-12-31 CN¥13.76 Billion +9.20%
2021-12-31 CN¥12.60 Billion +7.76%
2020-12-31 CN¥11.69 Billion +7.74%
2019-12-31 CN¥10.85 Billion +12.08%
2018-12-31 CN¥9.68 Billion +9.33%
2017-12-31 CN¥8.85 Billion +11.52%
2016-12-31 CN¥7.94 Billion +12.41%
2015-12-31 CN¥7.06 Billion +6.86%
2014-12-31 CN¥6.61 Billion +7.17%
2013-12-31 CN¥6.17 Billion +10.12%
2012-12-31 CN¥5.60 Billion +9.02%
2011-12-31 CN¥5.14 Billion +17.79%
2010-12-31 CN¥4.36 Billion +17.39%
2009-12-31 CN¥3.72 Billion +9.47%
2008-12-31 CN¥3.39 Billion +8.00%
2007-12-31 CN¥3.14 Billion +19.37%
2006-12-31 CN¥2.63 Billion -0.77%
2005-12-31 CN¥2.65 Billion +0.54%
2004-12-31 CN¥2.64 Billion +2.60%
2003-12-31 CN¥2.57 Billion +2.07%
2002-12-31 CN¥2.52 Billion +1.73%
2001-12-31 CN¥2.48 Billion +4.98%
2000-12-31 CN¥2.36 Billion +86.53%
1999-12-31 CN¥1.27 Billion +11.15%
1998-12-31 CN¥1.14 Billion +401.95%
1997-12-31 CN¥226.75 Million +40.10%
1996-12-31 CN¥161.85 Million +29.24%
1995-12-31 CN¥125.23 Million --

Equity Component Analysis

This analysis shows how different components contribute to Xiandai Investment 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 449810.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥7.73 Billion 62.00%
Common Stock CN¥1.52 Billion 12.17%
Other Components CN¥3.22 Billion 25.83%
Total Equity CN¥12.47 Billion 100.00%

Xiandai Investment Co Ltd Competitors by Market Cap

The table below lists competitors of Xiandai Investment Co Ltd ranked by their market capitalization.

Company Market Cap
Gujarat Pipavav Port Limited
NSE:GPPL
 		$475.75 Million
NORMA Group SE
OTCGREY:NOEJF
 		$475.81 Million
MORIMATSU INT.H.C. (HK)
F:1S5
 		$475.81 Million
Cisen Pharmaceutical Co Ltd
SHG:603367
 		$475.84 Million
Chengdu XGimi Technology Co. Ltd. A
SHG:688696
 		$475.58 Million
Georgia Capital PLC
PINK:GRGCF
 		$475.57 Million
Fulgent Sun International Holding Co Ltd
TW:9802
 		$475.45 Million
Chongqing Lummy Pharmaceutical
SHE:300006
 		$475.43 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 12,338,182,316 to 12,471,658,116, a change of 133,475,800 (1.1%).
  • Net income of 340,816,179 contributed positively to equity growth.
  • Dividend payments of 1,209,782,815 reduced retained earnings.
  • Share repurchases of 1,000,402,379 reduced equity.
  • Other factors increased equity by 2,002,844,815.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥340.82 Million +2.73%
Dividends Paid CN¥1.21 Billion -9.7%
Share Repurchases CN¥1.00 Billion -8.02%
Other Changes CN¥2.00 Billion +16.06%
Total Change CN¥- 1.08%

Book Value vs Market Value Analysis

This analysis compares Xiandai Investment 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: 0.53x
  • 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 52.77x to 0.53x 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¥0.08 CN¥4.36 x
1996-12-31 CN¥0.11 CN¥4.36 x
1997-12-31 CN¥0.15 CN¥4.36 x
1998-12-31 CN¥0.75 CN¥4.36 x
1999-12-31 CN¥0.83 CN¥4.36 x
2000-12-31 CN¥1.56 CN¥4.36 x
2001-12-31 CN¥1.63 CN¥4.36 x
2002-12-31 CN¥1.66 CN¥4.36 x
2003-12-31 CN¥1.69 CN¥4.36 x
2004-12-31 CN¥1.73 CN¥4.36 x
2005-12-31 CN¥1.74 CN¥4.36 x
2006-12-31 CN¥1.73 CN¥4.36 x
2007-12-31 CN¥2.07 CN¥4.36 x
2008-12-31 CN¥2.23 CN¥4.36 x
2009-12-31 CN¥2.44 CN¥4.36 x
2010-12-31 CN¥2.86 CN¥4.36 x
2011-12-31 CN¥3.37 CN¥4.36 x
2012-12-31 CN¥3.69 CN¥4.36 x
2013-12-31 CN¥3.98 CN¥4.36 x
2014-12-31 CN¥4.33 CN¥4.36 x
2015-12-31 CN¥4.59 CN¥4.36 x
2016-12-31 CN¥5.08 CN¥4.36 x
2017-12-31 CN¥5.62 CN¥4.36 x
2018-12-31 CN¥6.08 CN¥4.36 x
2019-12-31 CN¥6.65 CN¥4.36 x
2020-12-31 CN¥7.16 CN¥4.36 x
2021-12-31 CN¥7.13 CN¥4.36 x
2022-12-31 CN¥7.87 CN¥4.36 x
2023-12-31 CN¥8.13 CN¥4.36 x
2024-12-31 CN¥8.22 CN¥4.36 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Xiandai Investment 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): 2.73%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 4.16%
  • • Asset Turnover: 0.14x
  • • Equity Multiplier: 4.66x
  • Recent ROE (2.73%) is below the historical average (11.65%), 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 37.71% 67.29% 0.15x 3.70x CN¥34.71 Million
1996 40.63% 64.77% 0.21x 2.92x CN¥49.57 Million
1997 28.18% 55.40% 0.25x 2.07x CN¥41.23 Million
1998 8.14% 50.05% 0.10x 1.67x CN¥-21.20 Million
1999 10.39% 53.00% 0.16x 1.26x CN¥4.94 Million
2000 6.32% 51.97% 0.06x 2.08x CN¥-86.69 Million
2001 7.10% 35.01% 0.11x 1.87x CN¥-71.55 Million
2002 3.58% 16.80% 0.12x 1.76x CN¥-160.93 Million
2003 2.13% 11.07% 0.11x 1.77x CN¥-201.69 Million
2004 4.15% 12.27% 0.17x 2.05x CN¥-153.69 Million
2005 6.64% 16.64% 0.21x 1.92x CN¥-88.80 Million
2006 10.70% 24.99% 0.19x 2.28x CN¥18.34 Million
2007 18.80% 37.11% 0.32x 1.56x CN¥276.20 Million
2008 16.85% 37.71% 0.29x 1.52x CN¥232.09 Million
2009 17.03% 35.80% 0.31x 1.52x CN¥260.77 Million
2010 18.21% 43.42% 0.28x 1.49x CN¥357.48 Million
2011 16.01% 42.18% 0.24x 1.57x CN¥308.75 Million
2012 11.55% 38.36% 0.14x 2.09x CN¥86.76 Million
2013 8.88% 30.76% 0.11x 2.65x CN¥-68.29 Million
2014 6.31% 9.46% 0.25x 2.67x CN¥-239.42 Million
2015 8.14% 8.70% 0.35x 2.68x CN¥-129.73 Million
2016 10.63% 8.63% 0.43x 2.85x CN¥49.04 Million
2017 10.14% 8.17% 0.46x 2.70x CN¥11.59 Million
2018 10.36% 8.12% 0.48x 2.66x CN¥33.54 Million
2019 9.66% 7.77% 0.35x 3.52x CN¥-33.85 Million
2020 4.83% 3.67% 0.31x 4.19x CN¥-561.81 Million
2021 5.77% 3.88% 0.28x 5.27x CN¥-458.05 Million
2022 3.62% 2.64% 0.28x 4.85x CN¥-761.48 Million
2023 4.40% 6.41% 0.15x 4.61x CN¥-691.13 Million
2024 2.73% 4.16% 0.14x 4.66x CN¥-906.35 Million

Industry Comparison

This section compares Xiandai Investment Co Ltd's net assets metrics with peer companies in the Infrastructure Operations industry.

Industry Context

  • Industry: Infrastructure Operations
  • Average net assets among peers: $12,472,837,971
  • Average return on equity (ROE) among peers: -0.56%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Xiandai Investment Co Ltd (000900) CN¥14.41 Billion 37.71% 3.08x $475.65 Million
Shanxi Sanwei Group Co Ltd (000755) $4.95 Billion 9.26% 1.57x $239.87 Million
Dongguan Development Holdings Co Ltd (000828) $2.67 Billion 6.91% 0.56x $469.41 Million
City Development Environment Co Ltd (000885) $103.40 Million -76.39% 3.38x $431.18 Million
Merchant Express Class A (001965) $63.32 Billion 7.85% 0.55x $2.91 Billion
Shandong Sunway Petrochemical Engineering Co Ltd (002469) $2.87 Billion 9.16% 0.26x $626.47 Million
Xinjiang Communications Construction Group Co Ltd Class A (002941) $2.50 Billion 14.14% 3.06x $839.14 Million
Guangdong Provincial Expressway Development Co Ltd (200429) $12.41 Billion 13.17% 0.72x $1.13 Billion
Henan Zhongyuan Expressway Co Ltd (600020) $11.21 Billion 7.13% 3.47x $484.63 Million
Fujian Expressway Development Co Ltd (600033) $12.23 Billion 3.70% 0.32x $626.53 Million