XinJiang GuoTong Pipeline Co Ltd (002205) - Net Assets
Based on the latest financial reports, XinJiang GuoTong Pipeline Co Ltd (002205) has net assets worth CN¥350.35 Million CNY (≈ $51.27 Million 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¥3.75 Billion ≈ $548.51 Million USD) and total liabilities (CN¥3.40 Billion ≈ $497.25 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 how strategically is XinJiang GuoTong Pipeline Co Ltd's equity deployed to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥350.35 Million |
| % of Total Assets | 9.35% |
| Annual Growth Rate | 7.95% |
| 5-Year Change | -50.65% |
| 10-Year Change | -46.6% |
| Growth Volatility | 37.33 |
XinJiang GuoTong Pipeline Co Ltd - Net Assets Trend (2004–2024)
This chart illustrates how XinJiang GuoTong Pipeline Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see 002205 market cap.
Annual Net Assets for XinJiang GuoTong Pipeline Co Ltd (2004–2024)
The table below shows the annual net assets of XinJiang GuoTong Pipeline Co Ltd from 2004 to 2024. Also explore XinJiang GuoTong Pipeline Co Ltd equity growth rate to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥512.29 Million ≈ $74.96 Million |
-33.19% |
| 2023-12-31 | CN¥766.82 Million ≈ $112.21 Million |
-17.81% |
| 2022-12-31 | CN¥932.97 Million ≈ $136.52 Million |
-10.94% |
| 2021-12-31 | CN¥1.05 Billion ≈ $153.29 Million |
+0.92% |
| 2020-12-31 | CN¥1.04 Billion ≈ $151.90 Million |
+2.21% |
| 2019-12-31 | CN¥1.02 Billion ≈ $148.62 Million |
-5.40% |
| 2018-12-31 | CN¥1.07 Billion ≈ $157.09 Million |
-4.78% |
| 2017-12-31 | CN¥1.13 Billion ≈ $164.98 Million |
+16.99% |
| 2016-12-31 | CN¥963.77 Million ≈ $141.03 Million |
+0.46% |
| 2015-12-31 | CN¥959.33 Million ≈ $140.38 Million |
-7.85% |
| 2014-12-31 | CN¥1.04 Billion ≈ $152.35 Million |
+3.68% |
| 2013-12-31 | CN¥1.00 Billion ≈ $146.94 Million |
+5.86% |
| 2012-12-31 | CN¥948.58 Million ≈ $138.81 Million |
+0.46% |
| 2011-12-31 | CN¥944.20 Million ≈ $138.17 Million |
+2.21% |
| 2010-12-31 | CN¥923.77 Million ≈ $135.18 Million |
+119.84% |
| 2009-12-31 | CN¥420.20 Million ≈ $61.49 Million |
+22.35% |
| 2008-12-31 | CN¥343.44 Million ≈ $50.26 Million |
+115.56% |
| 2007-12-31 | CN¥159.32 Million ≈ $23.31 Million |
+26.46% |
| 2006-12-31 | CN¥125.99 Million ≈ $18.44 Million |
+7.74% |
| 2005-12-31 | CN¥116.93 Million ≈ $17.11 Million |
+5.43% |
| 2004-12-31 | CN¥110.91 Million ≈ $16.23 Million |
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Equity Component Analysis
This analysis shows how different components contribute to XinJiang GuoTong Pipeline 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 decreased by 1671.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥185.84 Million | 48.77% |
| Other Comprehensive Income | CN¥170.27 Million | 44.69% |
| Other Components | CN¥436.44 Million | 114.54% |
| Total Equity | CN¥381.04 Million | 100.00% |
XinJiang GuoTong Pipeline Co Ltd Competitors by Market Cap
The table below lists competitors of XinJiang GuoTong Pipeline Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Alvopetro Energy
V:ALV
|
$289.11 Million |
|
Medios AG
XETRA:ILM1
|
$289.23 Million |
|
Shandong Swan Cotton
SHG:603029
|
$289.25 Million |
|
Sysage Technology Co Ltd
TW:6112
|
$289.30 Million |
|
Médica Sur S.A.B. de C.V
MX:MEDICAB
|
$289.08 Million |
|
Izertis Sa
MC:IZER
|
$289.06 Million |
|
Ring Energy Inc
NYSE MKT:REI
|
$288.98 Million |
|
Seohee Construction Co. Ltd
KQ:035890
|
$288.93 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in XinJiang GuoTong Pipeline Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 625,955,724 to 381,035,622, a change of -244,920,102 (-39.1%).
- Net loss of 249,110,643 reduced equity.
- Dividend payments of 73,833,299 reduced retained earnings.
- Other comprehensive income increased equity by 170,271,012.
- Other factors decreased equity by 92,247,172.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-249.11 Million | -65.38% |
| Dividends Paid | CN¥73.83 Million | -19.38% |
| Other Comprehensive Income | CN¥170.27 Million | +44.69% |
| Other Changes | CN¥-92.25 Million | -24.21% |
| Total Change | CN¥- | -39.13% |
Book Value vs Market Value Analysis
This analysis compares XinJiang GuoTong Pipeline 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: 5.18x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 13.17x to 5.18x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | CN¥0.81 | CN¥10.63 | x |
| 2005-12-31 | CN¥0.80 | CN¥10.63 | x |
| 2006-12-31 | CN¥0.92 | CN¥10.63 | x |
| 2007-12-31 | CN¥1.20 | CN¥10.63 | x |
| 2008-12-31 | CN¥1.99 | CN¥10.63 | x |
| 2009-12-31 | CN¥2.30 | CN¥10.63 | x |
| 2010-12-31 | CN¥5.26 | CN¥10.63 | x |
| 2011-12-31 | CN¥4.63 | CN¥10.63 | x |
| 2012-12-31 | CN¥4.67 | CN¥10.63 | x |
| 2013-12-31 | CN¥5.02 | CN¥10.63 | x |
| 2014-12-31 | CN¥5.25 | CN¥10.63 | x |
| 2015-12-31 | CN¥4.86 | CN¥10.63 | x |
| 2016-12-31 | CN¥4.93 | CN¥10.63 | x |
| 2017-12-31 | CN¥5.01 | CN¥10.63 | x |
| 2018-12-31 | CN¥5.03 | CN¥10.63 | x |
| 2019-12-31 | CN¥4.58 | CN¥10.63 | x |
| 2020-12-31 | CN¥4.65 | CN¥10.63 | x |
| 2021-12-31 | CN¥4.70 | CN¥10.63 | x |
| 2022-12-31 | CN¥4.15 | CN¥10.63 | x |
| 2023-12-31 | CN¥3.37 | CN¥10.63 | x |
| 2024-12-31 | CN¥2.05 | CN¥10.63 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently XinJiang GuoTong Pipeline 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): -65.38%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -36.74%
- • Asset Turnover: 0.17x
- • Equity Multiplier: 10.42x
- Recent ROE (-65.38%) is below the historical average (-0.14%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 12.39% | 7.81% | 0.61x | 2.62x | CN¥2.29 Million |
| 2005 | 12.45% | 8.71% | 0.50x | 2.86x | CN¥2.41 Million |
| 2006 | 12.46% | 8.92% | 0.44x | 3.18x | CN¥2.77 Million |
| 2007 | 21.25% | 9.03% | 0.68x | 3.44x | CN¥16.08 Million |
| 2008 | 16.44% | 13.13% | 0.58x | 2.14x | CN¥20.48 Million |
| 2009 | 14.03% | 12.10% | 0.47x | 2.49x | CN¥14.84 Million |
| 2010 | 6.18% | 9.58% | 0.37x | 1.74x | CN¥-32.14 Million |
| 2011 | 3.31% | 4.45% | 0.41x | 1.82x | CN¥-57.50 Million |
| 2012 | 1.85% | 3.40% | 0.30x | 1.81x | CN¥-70.64 Million |
| 2013 | 7.59% | 8.13% | 0.44x | 2.13x | CN¥-22.43 Million |
| 2014 | 6.89% | 8.37% | 0.46x | 1.80x | CN¥-30.36 Million |
| 2015 | -5.86% | -13.47% | 0.23x | 1.86x | CN¥-143.16 Million |
| 2016 | 1.46% | 2.22% | 0.28x | 2.34x | CN¥-78.24 Million |
| 2017 | 2.28% | 2.69% | 0.31x | 2.71x | CN¥-71.91 Million |
| 2018 | 0.36% | 0.42% | 0.24x | 3.50x | CN¥-90.20 Million |
| 2019 | 0.49% | 0.50% | 0.24x | 4.18x | CN¥-80.83 Million |
| 2020 | 1.90% | 1.89% | 0.23x | 4.40x | CN¥-70.01 Million |
| 2021 | 0.98% | 0.75% | 0.29x | 4.58x | CN¥-78.90 Million |
| 2022 | -13.32% | -16.55% | 0.15x | 5.54x | CN¥-179.66 Million |
| 2023 | -40.74% | -71.22% | 0.09x | 6.50x | CN¥-317.62 Million |
| 2024 | -65.38% | -36.74% | 0.17x | 10.42x | CN¥-287.21 Million |
Industry Comparison
This section compares XinJiang GuoTong Pipeline Co Ltd's net assets metrics with peer companies in the Building Products & Equipment industry.
Industry Context
- Industry: Building Products & Equipment
- Average net assets among peers: $4,426,528,966
- Average return on equity (ROE) among peers: -0.63%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| XinJiang GuoTong Pipeline Co Ltd (002205) | CN¥350.35 Million | 12.39% | 9.70x | $289.08 Million |
| China Fangda Group Co Ltd (000055) | $848.90 Million | -20.42% | 0.52x | $366.03 Million |
| Huasu Holdings Co Ltd (000509) | $-97.01 Million | 0.00% | 0.00x | $538.62 Million |
| Wuhu Conch Profiles and Science Co Ltd (000619) | $1.55 Billion | 8.86% | 0.55x | $320.20 Million |
| Beijing New Building Materials Public Ltd Co (000786) | $26.72 Billion | 13.65% | 0.32x | $3.91 Billion |
| Yantai Moon Co Ltd (000811) | $4.48 Billion | 4.97% | 0.83x | $5.61 Billion |
| Tangshan Jidong Equipment Engineering Co Ltd (000856) | $436.84 Million | 5.27% | 3.74x | $287.33 Million |
| Shandong Luyang Share Co Ltd (002088) | $2.03 Billion | 15.12% | 0.38x | $594.68 Million |
| Everjoy Health Group Co Ltd (002162) | $517.64 Million | -39.97% | 2.60x | $534.29 Million |
| Puyang Refractories Group Co Ltd (002225) | $3.35 Billion | 6.85% | 1.25x | $598.80 Million |
About XinJiang GuoTong Pipeline Co Ltd
XinJiang GuoTong Pipeline CO.,Ltd engages in the manufacture, transportation, related technical development, and consulting service provision of prestressed concrete cylinder pipes (PCCP) and other concrete products in China. The company offers various water transmission pipes and their pipe fittings, subway pipes, PC components, railway track plates, and wind power towers. Its products are used … Read more