China Haisum Engineering Co Ltd (002116) - Net Assets

Latest as of September 2025: CN¥2.64 Billion CNY ≈ $386.95 Million USD

Based on the latest financial reports, China Haisum Engineering Co Ltd (002116) has net assets worth CN¥2.64 Billion CNY (≈ $386.95 Million USD) 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 ≈ $959.13 Million USD) and total liabilities (CN¥3.91 Billion ≈ $572.18 Million 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 asset resilience ratio of China Haisum Engineering Co Ltd to evaluate the company's liquid asset resilience ratio.

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. Also explore 002116 current and non-current assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see China Haisum Engineering Co Ltd (002116) market capitalisation.

Year Net Assets Change
2024-12-31 CN¥2.55 Billion
≈ $372.86 Million		 +10.71%
2023-12-31 CN¥2.30 Billion
≈ $336.78 Million		 +39.62%
2022-12-31 CN¥1.65 Billion
≈ $241.21 Million		 +9.76%
2021-12-31 CN¥1.50 Billion
≈ $219.76 Million		 +7.14%
2020-12-31 CN¥1.40 Billion
≈ $205.12 Million		 +0.78%
2019-12-31 CN¥1.39 Billion
≈ $203.55 Million		 -2.91%
2018-12-31 CN¥1.43 Billion
≈ $209.65 Million		 +8.68%
2017-12-31 CN¥1.32 Billion
≈ $192.91 Million		 +14.08%
2016-12-31 CN¥1.16 Billion
≈ $169.10 Million		 +4.95%
2015-12-31 CN¥1.10 Billion
≈ $161.13 Million		 +24.34%
2014-12-31 CN¥885.59 Million
≈ $129.59 Million		 +24.78%
2013-12-31 CN¥709.74 Million
≈ $103.86 Million		 +20.61%
2012-12-31 CN¥588.44 Million
≈ $86.11 Million		 +0.37%
2011-12-31 CN¥586.26 Million
≈ $85.79 Million		 +11.06%
2010-12-31 CN¥527.89 Million
≈ $77.25 Million		 +5.59%
2009-12-31 CN¥499.94 Million
≈ $73.16 Million		 +6.05%
2008-12-31 CN¥471.43 Million
≈ $68.99 Million		 +9.43%
2007-12-31 CN¥430.81 Million
≈ $63.04 Million		 +112.39%
2006-12-31 CN¥202.84 Million
≈ $29.68 Million		 +3.96%
2005-12-31 CN¥195.12 Million
≈ $28.55 Million		 +2.92%
2004-12-31 CN¥189.59 Million
≈ $27.74 Million		 +5.53%
2003-12-31 CN¥179.65 Million
≈ $26.29 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 Comprehensive Income CN¥229.11 Million 8.99%
Other Components CN¥488.43 Million 19.17%
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
TPG RE Finance Trust Inc
NYSE:TRTX
 $663.30 Million
Beijing Sanlian Hope Shin-Gosen Technical Service Co Ltd
SHE:300384
 $663.33 Million
Yes Optoelectronics Co Ltd Class A
SHE:002952
 $663.73 Million
Nuveen Churchill Direct Lending Corp.
NYSE:NCDL
 $663.76 Million
Flexium Interconnect Inc
TW:6269
 $663.11 Million
Arjo AB (publ)
ST:ARJO-B
 $662.98 Million
Shijiazhuang Tonhe Electronics Technologies Co Ltd
SHE:300491
 $662.97 Million
Sam Engineering Equipment
KLSE:9822
 $662.88 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 335,354,060 contributed positively to equity growth.
  • Dividend payments of 122,024,216 reduced retained earnings.
  • Share repurchases of 1,485,446 reduced equity.
  • Other comprehensive income increased equity by 20,475,378.

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 Comprehensive Income CN¥20.48 Million +0.8%
Other Changes CN¥14.25 Million +0.56%
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: 1.75x
  • 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 18.18x to 1.75x 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¥9.73 x
2004-12-31 CN¥0.56 CN¥9.73 x
2005-12-31 CN¥0.57 CN¥9.73 x
2006-12-31 CN¥0.60 CN¥9.73 x
2007-12-31 CN¥1.03 CN¥9.73 x
2008-12-31 CN¥1.08 CN¥9.73 x
2009-12-31 CN¥1.14 CN¥9.73 x
2010-12-31 CN¥1.22 CN¥9.73 x
2011-12-31 CN¥1.35 CN¥9.73 x
2012-12-31 CN¥1.47 CN¥9.73 x
2013-12-31 CN¥1.76 CN¥9.73 x
2014-12-31 CN¥2.18 CN¥9.73 x
2015-12-31 CN¥2.61 CN¥9.73 x
2016-12-31 CN¥2.75 CN¥9.73 x
2017-12-31 CN¥3.15 CN¥9.73 x
2018-12-31 CN¥3.44 CN¥9.73 x
2019-12-31 CN¥3.32 CN¥9.73 x
2020-12-31 CN¥3.29 CN¥9.73 x
2021-12-31 CN¥3.64 CN¥9.73 x
2022-12-31 CN¥3.91 CN¥9.73 x
2023-12-31 CN¥5.34 CN¥9.73 x
2024-12-31 CN¥5.55 CN¥9.73 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: $2,659,169,713
  • Average return on equity (ROE) among peers: 4.10%

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 $663.20 Million
Shenzhen Ecobeauty Co Ltd (000010) $86.44 Million 8.33% 1.82x $486.19 Million
Shenzhen Sed Industry Co Ltd (000032) $659.52 Million 6.07% 1.00x $3.08 Billion
NORINCO International Cooperation Ltd (000065) $9.29 Billion 9.88% 1.56x $2.17 Billion
Shenzhen Tagen Group Co Ltd (000090) $3.07 Billion 6.62% 1.44x $962.46 Million
Shandong Hi-Speed Road&Bridge (000498) $518.35 Million -21.04% 2.07x $1.26 Billion
Jinyuan Cement Co Ltd (000546) $6.14 Billion 1.41% 0.76x $878.49 Million
Hunan Investment Group Co Ltd (000548) $1.55 Billion 3.80% 0.54x $389.36 Million
ChengDu Hi-Tech Development Co Ltd (000628) $686.52 Million 6.80% 4.78x $3.41 Billion
Gansu Engineering Consulting Group Co Ltd (000779) $2.16 Billion 14.25% 0.81x $602.65 Million
Hainan Expressway Co Ltd (000886) $2.44 Billion 4.85% 0.21x $800.17 Million

About China Haisum Engineering Co Ltd

SHE:002116 China Engineering & Construction
Market Cap
$663.20 Million
CN¥4.53 Billion CNY
Market Cap Rank
#11102 Global
#3309 in China
Share Price
CN¥9.73
Change (1 day)
-0.51%
52-Week Range
CN¥9.63 - CN¥11.79
All Time High
CN¥17.91
Categories
Companies in China Engineering & Construction
About

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