China Haisum Engineering Co Ltd
China Haisum Engineering Co., Ltd. engages in the engineering EPC, engineering design, consultation, and supervision services in China. It provides general contracting and project management services; and engineering design services in various fields comprising civil construction, pulp and paper making, beverage and brew, food, dairy, sugar, tobacco, cigarette, grain, oil, fruit, vegetable, meat … Read more
China Haisum Engineering Co Ltd (002116) - Net Assets
Latest net assets as of September 2025: CN¥2.64 Billion CNY
Based on the latest financial reports, China Haisum Engineering Co Ltd (002116) has net assets worth CN¥2.64 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¥6.55 Billion) and total liabilities (CN¥3.91 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¥2.64 Billion |
| % of Total Assets | 40.34% |
| Annual Growth Rate | 13.46% |
| 5-Year Change | 81.77% |
| 10-Year Change | 131.41% |
| Growth Volatility | 23.77 |
China Haisum Engineering Co Ltd - Net Assets Trend (2003–2024)
This chart illustrates how China Haisum Engineering 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 China Haisum Engineering Co Ltd (2003–2024)
The table below shows the annual net assets of China Haisum Engineering Co Ltd from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.55 Billion | +10.71% |
| 2023-12-31 | CN¥2.30 Billion | +39.62% |
| 2022-12-31 | CN¥1.65 Billion | +9.76% |
| 2021-12-31 | CN¥1.50 Billion | +7.14% |
| 2020-12-31 | CN¥1.40 Billion | +0.78% |
| 2019-12-31 | CN¥1.39 Billion | -2.91% |
| 2018-12-31 | CN¥1.43 Billion | +8.68% |
| 2017-12-31 | CN¥1.32 Billion | +14.08% |
| 2016-12-31 | CN¥1.16 Billion | +4.95% |
| 2015-12-31 | CN¥1.10 Billion | +24.34% |
| 2014-12-31 | CN¥885.59 Million | +24.78% |
| 2013-12-31 | CN¥709.74 Million | +20.61% |
| 2012-12-31 | CN¥588.44 Million | +0.37% |
| 2011-12-31 | CN¥586.26 Million | +11.06% |
| 2010-12-31 | CN¥527.89 Million | +5.59% |
| 2009-12-31 | CN¥499.94 Million | +6.05% |
| 2008-12-31 | CN¥471.43 Million | +9.43% |
| 2007-12-31 | CN¥430.81 Million | +112.39% |
| 2006-12-31 | CN¥202.84 Million | +3.96% |
| 2005-12-31 | CN¥195.12 Million | +2.92% |
| 2004-12-31 | CN¥189.59 Million | +5.53% |
| 2003-12-31 | CN¥179.65 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to China Haisum Engineering 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 5785.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.36 Billion | 53.55% |
| Common Stock | CN¥466.06 Million | 18.29% |
| Other Components | CN¥717.55 Million | 28.16% |
| Total Equity | CN¥2.55 Billion | 100.00% |
China Haisum Engineering Co Ltd Competitors by Market Cap
The table below lists competitors of China Haisum Engineering Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ADITYA VISION LTD
NSE:AVL
|
$285.13 Million |
|
Heidelberger Druckmaschinen Aktiengesellschaft
PINK:HBGRF
|
$285.30 Million |
|
Denny’s Corp
NASDAQ:DENN
|
$285.37 Million |
|
Marimaca Copper Corp.
OTCQX:MARIF
|
$285.49 Million |
|
HD Renewable Energy Co. Ltd.
TW:6873
|
$285.03 Million |
|
Groupon Inc
NASDAQ:GRPN
|
$285.01 Million |
|
GFT Technologies SE
XETRA:GFT
|
$285.00 Million |
|
Kamux Oyj
PINK:KMUXF
|
$285.00 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China Haisum Engineering Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,301,477,000 to 2,548,049,194, a change of 246,572,194 (10.7%).
- Net income of 335,354,059 contributed positively to equity growth.
- Dividend payments of 122,024,216 reduced retained earnings.
- Share repurchases of 1,485,446 reduced equity.
- Other factors increased equity by 34,727,797.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥335.35 Million | +13.16% |
| Dividends Paid | CN¥122.02 Million | -4.79% |
| Share Repurchases | CN¥1.49 Million | -0.06% |
| Other Changes | CN¥34.73 Million | +1.36% |
| Total Change | CN¥- | 10.71% |
Book Value vs Market Value Analysis
This analysis compares China Haisum Engineering 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: 1.99x
- 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 20.61x to 1.99x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | CN¥0.54 | CN¥11.03 | x |
| 2004-12-31 | CN¥0.56 | CN¥11.03 | x |
| 2005-12-31 | CN¥0.57 | CN¥11.03 | x |
| 2006-12-31 | CN¥0.60 | CN¥11.03 | x |
| 2007-12-31 | CN¥1.03 | CN¥11.03 | x |
| 2008-12-31 | CN¥1.08 | CN¥11.03 | x |
| 2009-12-31 | CN¥1.14 | CN¥11.03 | x |
| 2010-12-31 | CN¥1.22 | CN¥11.03 | x |
| 2011-12-31 | CN¥1.35 | CN¥11.03 | x |
| 2012-12-31 | CN¥1.46 | CN¥11.03 | x |
| 2013-12-31 | CN¥1.78 | CN¥11.03 | x |
| 2014-12-31 | CN¥2.18 | CN¥11.03 | x |
| 2015-12-31 | CN¥2.61 | CN¥11.03 | x |
| 2016-12-31 | CN¥2.75 | CN¥11.03 | x |
| 2017-12-31 | CN¥3.15 | CN¥11.03 | x |
| 2018-12-31 | CN¥3.44 | CN¥11.03 | x |
| 2019-12-31 | CN¥3.32 | CN¥11.03 | x |
| 2020-12-31 | CN¥3.29 | CN¥11.03 | x |
| 2021-12-31 | CN¥3.64 | CN¥11.03 | x |
| 2022-12-31 | CN¥3.98 | CN¥11.03 | x |
| 2023-12-31 | CN¥5.34 | CN¥11.03 | x |
| 2024-12-31 | CN¥5.55 | CN¥11.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China Haisum Engineering 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): 13.16%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.92%
- • Asset Turnover: 1.09x
- • Equity Multiplier: 2.46x
- Recent ROE (13.16%) is below the historical average (14.80%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 17.53% | 6.95% | 1.40x | 1.80x | CN¥12.19 Million |
| 2004 | 17.30% | 5.68% | 1.61x | 1.90x | CN¥12.27 Million |
| 2005 | 17.96% | 5.01% | 1.63x | 2.19x | CN¥13.64 Million |
| 2006 | 17.86% | 4.05% | 1.70x | 2.60x | CN¥13.96 Million |
| 2007 | 11.63% | 3.36% | 1.33x | 2.59x | CN¥6.42 Million |
| 2008 | 13.10% | 3.13% | 1.54x | 2.73x | CN¥13.40 Million |
| 2009 | 13.55% | 2.95% | 1.51x | 3.04x | CN¥16.17 Million |
| 2010 | 13.34% | 2.37% | 1.41x | 3.99x | CN¥16.22 Million |
| 2011 | 16.78% | 2.22% | 1.71x | 4.40x | CN¥36.61 Million |
| 2012 | 20.49% | 2.31% | 1.80x | 4.94x | CN¥61.73 Million |
| 2013 | 22.47% | 2.77% | 1.70x | 4.77x | CN¥88.50 Million |
| 2014 | 22.49% | 3.64% | 1.69x | 3.66x | CN¥110.63 Million |
| 2015 | 20.71% | 4.86% | 1.33x | 3.20x | CN¥117.89 Million |
| 2016 | 11.62% | 3.00% | 1.18x | 3.29x | CN¥18.71 Million |
| 2017 | 15.22% | 4.78% | 1.07x | 2.98x | CN¥68.86 Million |
| 2018 | 14.81% | 4.06% | 1.21x | 3.00x | CN¥68.93 Million |
| 2019 | 4.21% | 1.05% | 1.30x | 3.09x | CN¥-80.49 Million |
| 2020 | 4.55% | 1.25% | 1.13x | 3.22x | CN¥-76.33 Million |
| 2021 | 10.71% | 3.05% | 1.08x | 3.24x | CN¥10.60 Million |
| 2022 | 12.53% | 3.61% | 0.94x | 3.68x | CN¥41.74 Million |
| 2023 | 13.48% | 4.67% | 1.16x | 2.49x | CN¥80.19 Million |
| 2024 | 13.16% | 4.92% | 1.09x | 2.46x | CN¥80.55 Million |
Industry Comparison
This section compares China Haisum Engineering Co Ltd's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $2,293,171,469
- Average return on equity (ROE) among peers: -19.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China Haisum Engineering Co Ltd (002116) | CN¥2.64 Billion | 17.53% | 1.48x | $285.10 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 |
| Hainan Expressway Co Ltd (000886) | $2.26 Billion | 1.18% | 0.16x | $593.20 Million |