China West Construction Group Co Ltd
China West Construction Group Co., Ltd engages in the building materials business in China, Malaysia, Indonesia, Cambodia, and internationally. The company offers ready-mixed concrete, radiating cement, admixtures, commercial mortar, and sand and gravel aggregates. It is also involved in logistics and transportation; technology research and development and services; testing services; resource uti… Read more
China West Construction Group Co Ltd (002302) - Net Assets
Latest net assets as of September 2025: CN¥9.73 Billion CNY
Based on the latest financial reports, China West Construction Group Co Ltd (002302) has net assets worth CN¥9.73 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¥34.41 Billion) and total liabilities (CN¥24.68 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¥9.73 Billion |
| % of Total Assets | 28.27% |
| Annual Growth Rate | 21.04% |
| 5-Year Change | 6.58% |
| 10-Year Change | 145.29% |
| Growth Volatility | 50.66 |
China West Construction Group Co Ltd - Net Assets Trend (2006–2024)
This chart illustrates how China West Construction Group 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 West Construction Group Co Ltd (2006–2024)
The table below shows the annual net assets of China West Construction Group Co Ltd from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥10.72 Billion | -3.23% |
| 2023-12-31 | CN¥11.08 Billion | +6.18% |
| 2022-12-31 | CN¥10.43 Billion | -8.96% |
| 2021-12-31 | CN¥11.46 Billion | +13.94% |
| 2020-12-31 | CN¥10.06 Billion | +9.04% |
| 2019-12-31 | CN¥9.22 Billion | +31.94% |
| 2018-12-31 | CN¥6.99 Billion | +4.16% |
| 2017-12-31 | CN¥6.71 Billion | +44.49% |
| 2016-12-31 | CN¥4.64 Billion | +6.29% |
| 2015-12-31 | CN¥4.37 Billion | +8.59% |
| 2014-12-31 | CN¥4.02 Billion | +8.68% |
| 2013-12-31 | CN¥3.70 Billion | +181.80% |
| 2012-12-31 | CN¥1.31 Billion | +10.22% |
| 2011-12-31 | CN¥1.19 Billion | +12.77% |
| 2010-12-31 | CN¥1.06 Billion | +10.68% |
| 2009-12-31 | CN¥955.12 Million | +149.64% |
| 2008-12-31 | CN¥382.60 Million | +23.07% |
| 2007-12-31 | CN¥310.89 Million | -9.77% |
| 2006-12-31 | CN¥344.53 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to China West Construction Group 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 2401.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥4.65 Billion | 49.01% |
| Common Stock | CN¥1.26 Billion | 13.31% |
| Other Components | CN¥3.57 Billion | 37.68% |
| Total Equity | CN¥9.48 Billion | 100.00% |
China West Construction Group Co Ltd Competitors by Market Cap
The table below lists competitors of China West Construction Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
StoryTel AB
LSE:0GBU
|
$378.11 Million |
|
ENF Technology Co. Ltd
KQ:102710
|
$378.28 Million |
|
Anhui Ronds Science & Technology Inc Co
SHG:688768
|
$378.37 Million |
|
AB S.A. ZY 1
F:8B6
|
$378.38 Million |
|
Xiamen Savings Environmental
SHE:300056
|
$378.09 Million |
|
Hangzhou Star Shuaier Electric Appliance Co Ltd
SHE:002860
|
$378.01 Million |
|
Chengdu JOUAV Automation Tech Co. Ltd. A
SHG:688070
|
$377.98 Million |
|
Tiptree Inc
NASDAQ:TIPT
|
$377.97 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China West Construction Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 9,932,862,502 to 9,481,347,402, a change of -451,515,100 (-4.5%).
- Net loss of 262,525,939 reduced equity.
- Dividend payments of 256,733,741 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-262.53 Million | -2.77% |
| Dividends Paid | CN¥256.73 Million | -2.71% |
| Other Changes | CN¥67.74 Million | +0.71% |
| Total Change | CN¥- | -4.55% |
Book Value vs Market Value Analysis
This analysis compares China West Construction Group 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: 0.77x
- 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 7.85x to 0.77x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | CN¥0.81 | CN¥6.37 | x |
| 2007-12-31 | CN¥0.72 | CN¥6.37 | x |
| 2008-12-31 | CN¥0.89 | CN¥6.37 | x |
| 2009-12-31 | CN¥3.25 | CN¥6.37 | x |
| 2010-12-31 | CN¥1.82 | CN¥6.37 | x |
| 2011-12-31 | CN¥2.03 | CN¥6.37 | x |
| 2012-12-31 | CN¥1.27 | CN¥6.37 | x |
| 2013-12-31 | CN¥3.67 | CN¥6.37 | x |
| 2014-12-31 | CN¥3.58 | CN¥6.37 | x |
| 2015-12-31 | CN¥3.93 | CN¥6.37 | x |
| 2016-12-31 | CN¥4.19 | CN¥6.37 | x |
| 2017-12-31 | CN¥5.96 | CN¥6.37 | x |
| 2018-12-31 | CN¥5.15 | CN¥6.37 | x |
| 2019-12-31 | CN¥5.67 | CN¥6.37 | x |
| 2020-12-31 | CN¥6.20 | CN¥6.37 | x |
| 2021-12-31 | CN¥7.25 | CN¥6.37 | x |
| 2022-12-31 | CN¥7.57 | CN¥6.37 | x |
| 2023-12-31 | CN¥7.55 | CN¥6.37 | x |
| 2024-12-31 | CN¥8.25 | CN¥6.37 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China West Construction Group 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): -2.77%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.29%
- • Asset Turnover: 0.61x
- • Equity Multiplier: 3.53x
- Recent ROE (-2.77%) is below the historical average (10.27%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 17.20% | 13.73% | 0.77x | 1.63x | CN¥23.56 Million |
| 2007 | 21.75% | 14.10% | 0.84x | 1.83x | CN¥34.50 Million |
| 2008 | 18.10% | 8.29% | 1.06x | 2.06x | CN¥29.03 Million |
| 2009 | 8.59% | 8.69% | 0.63x | 1.57x | CN¥-12.97 Million |
| 2010 | 10.87% | 7.87% | 0.88x | 1.57x | CN¥8.63 Million |
| 2011 | 10.12% | 5.29% | 0.86x | 2.21x | CN¥1.28 Million |
| 2012 | 27.24% | 4.73% | 2.24x | 2.57x | CN¥204.72 Million |
| 2013 | 11.85% | 4.73% | 0.96x | 2.61x | CN¥63.46 Million |
| 2014 | 8.95% | 3.26% | 0.94x | 2.92x | CN¥-39.04 Million |
| 2015 | 8.64% | 3.37% | 0.82x | 3.13x | CN¥-54.48 Million |
| 2016 | 7.39% | 2.74% | 0.81x | 3.31x | CN¥-111.59 Million |
| 2017 | 1.68% | 0.71% | 0.82x | 2.89x | CN¥-524.36 Million |
| 2018 | 4.66% | 1.61% | 0.95x | 3.04x | CN¥-347.90 Million |
| 2019 | 9.23% | 2.89% | 1.02x | 3.14x | CN¥-54.77 Million |
| 2020 | 10.02% | 3.35% | 0.98x | 3.04x | CN¥1.35 Million |
| 2021 | 9.23% | 3.14% | 0.90x | 3.28x | CN¥-70.67 Million |
| 2022 | 5.81% | 2.23% | 0.75x | 3.48x | CN¥-400.69 Million |
| 2023 | 6.49% | 2.82% | 0.66x | 3.46x | CN¥-348.38 Million |
| 2024 | -2.77% | -1.29% | 0.61x | 3.53x | CN¥-1.21 Billion |
Industry Comparison
This section compares China West Construction Group Co Ltd's net assets metrics with peer companies in the Building Materials industry.
Industry Context
- Industry: Building Materials
- Average net assets among peers: $5,291,915,171
- Average return on equity (ROE) among peers: 51.85%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China West Construction Group Co Ltd (002302) | CN¥9.73 Billion | 17.20% | 2.54x | $378.10 Million |
| CSG Holding Co Ltd (000012) | $1.98 Billion | 5.22% | 0.62x | $1.58 Billion |
| Tangshan Jidong Cement Co Ltd (000401) | $30.60 Billion | -4.84% | 0.96x | $788.07 Million |
| Gansu Shangfeng Cement Co Ltd (000672) | $26.27 Million | 402.35% | 2.67x | $784.19 Million |
| Jiangxi Wannianqing Cement Co Ltd (000789) | $2.61 Billion | 19.37% | 1.69x | $286.84 Million |
| Xinjiang Tianshan Cement Co Ltd (000877) | $5.40 Billion | 20.92% | 1.84x | $799.89 Million |
| Sinostone Guangdong Co Ltd (001212) | $1.42 Billion | 6.07% | 0.18x | $825.54 Million |
| Ruitai Materials Technology Co Ltd (002066) | $882.60 Million | 6.49% | 1.50x | $392.15 Million |
| Guangdong Tapai Group Co Ltd (002233) | $3.82 Billion | 10.48% | 0.43x | $838.37 Million |
| Hubei Guochuang Hi-tech Material Co Ltd (002377) | $895.70 Million | 0.58% | 0.68x | $324.05 Million |