Hainan RuiZe New Building Material Co Ltd
Hainan RuiZe New Building Material Co.,Ltd engages in the production and sale of commercial concrete and municipal sanitation business in China. The company operates through two segments, Commercial Concrete Business and Municipal Environmental Management Business. It provides concrete and concrete products; garden design and construction; and seedlings. The company also offers solid waste dispos… Read more
Hainan RuiZe New Building Material Co Ltd (002596) - Net Assets
Latest net assets as of September 2025: CN¥633.17 Million CNY
Based on the latest financial reports, Hainan RuiZe New Building Material Co Ltd (002596) has net assets worth CN¥633.17 Million 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¥3.22 Billion) and total liabilities (CN¥2.58 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¥633.17 Million |
| % of Total Assets | 19.68% |
| Annual Growth Rate | 11.07% |
| 5-Year Change | -77.85% |
| 10-Year Change | -66.06% |
| Growth Volatility | 48.15 |
Hainan RuiZe New Building Material Co Ltd - Net Assets Trend (2008–2024)
This chart illustrates how Hainan RuiZe New Building Material 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 Hainan RuiZe New Building Material Co Ltd (2008–2024)
The table below shows the annual net assets of Hainan RuiZe New Building Material Co Ltd from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥712.23 Million | -26.47% |
| 2023-12-31 | CN¥968.68 Million | -34.80% |
| 2022-12-31 | CN¥1.49 Billion | -27.43% |
| 2021-12-31 | CN¥2.05 Billion | -36.32% |
| 2020-12-31 | CN¥3.22 Billion | +0.96% |
| 2019-12-31 | CN¥3.18 Billion | +1.07% |
| 2018-12-31 | CN¥3.15 Billion | +35.45% |
| 2017-12-31 | CN¥2.33 Billion | +7.13% |
| 2016-12-31 | CN¥2.17 Billion | +3.49% |
| 2015-12-31 | CN¥2.10 Billion | +25.37% |
| 2014-12-31 | CN¥1.67 Billion | +80.80% |
| 2013-12-31 | CN¥925.67 Million | +2.48% |
| 2012-12-31 | CN¥903.25 Million | +8.25% |
| 2011-12-31 | CN¥834.43 Million | +112.75% |
| 2010-12-31 | CN¥392.20 Million | +28.02% |
| 2009-12-31 | CN¥306.37 Million | +130.78% |
| 2008-12-31 | CN¥132.75 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hainan RuiZe New Building Material 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 9126.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥1.15 Billion | 153.12% |
| Other Comprehensive Income | CN¥350.43 Million | 46.76% |
| Other Components | CN¥1.36 Billion | 181.93% |
| Total Equity | CN¥749.46 Million | 100.00% |
Hainan RuiZe New Building Material Co Ltd Competitors by Market Cap
The table below lists competitors of Hainan RuiZe New Building Material Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shandong Xiantan Co Ltd
SHE:002746
|
$397.10 Million |
|
Guangzhou Restaurants Group Co
SHG:603043
|
$397.15 Million |
|
Amsterdam Commodities NV
OTCGREY:ACNFF
|
$397.21 Million |
|
Crossamerica Partners LP
NYSE:CAPL
|
$397.24 Million |
|
Jiangsu Hanvo Safety Product Co. Ltd.
SHE:300952
|
$396.70 Million |
|
LINK MOB.GRP.HLDG.NK-005
F:L1N
|
$396.69 Million |
|
Guizhou Guihang Automotive Components Co Ltd
SHG:600523
|
$396.62 Million |
|
PT. Mitra Adiperkasa Tbk
F:QGI
|
$396.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hainan RuiZe New Building Material Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 990,987,000 to 749,459,000, a change of -241,528,000 (-24.4%).
- Net loss of 241,528,000 reduced equity.
- Dividend payments of 64,337,000 reduced retained earnings.
- Other comprehensive income increased equity by 350,431,536.
- Other factors decreased equity by 286,094,536.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-241.53 Million | -32.23% |
| Dividends Paid | CN¥64.34 Million | -8.58% |
| Other Comprehensive Income | CN¥350.43 Million | +46.76% |
| Other Changes | CN¥-286.09 Million | -38.17% |
| Total Change | CN¥- | -24.37% |
Book Value vs Market Value Analysis
This analysis compares Hainan RuiZe New Building Material 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: 6.14x
- 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 10.51x to 6.14x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | CN¥0.38 | CN¥4.01 | x |
| 2009-12-31 | CN¥0.86 | CN¥4.01 | x |
| 2010-12-31 | CN¥0.82 | CN¥4.01 | x |
| 2011-12-31 | CN¥1.48 | CN¥4.01 | x |
| 2012-12-31 | CN¥1.37 | CN¥4.01 | x |
| 2013-12-31 | CN¥1.39 | CN¥4.01 | x |
| 2014-12-31 | CN¥2.51 | CN¥4.01 | x |
| 2015-12-31 | CN¥2.53 | CN¥4.01 | x |
| 2016-12-31 | CN¥2.14 | CN¥4.01 | x |
| 2017-12-31 | CN¥2.35 | CN¥4.01 | x |
| 2018-12-31 | CN¥3.02 | CN¥4.01 | x |
| 2019-12-31 | CN¥2.72 | CN¥4.01 | x |
| 2020-12-31 | CN¥2.74 | CN¥4.01 | x |
| 2021-12-31 | CN¥1.74 | CN¥4.01 | x |
| 2022-12-31 | CN¥1.31 | CN¥4.01 | x |
| 2023-12-31 | CN¥0.86 | CN¥4.01 | x |
| 2024-12-31 | CN¥0.65 | CN¥4.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hainan RuiZe New Building Material 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): -32.23%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -18.53%
- • Asset Turnover: 0.38x
- • Equity Multiplier: 4.59x
- Recent ROE (-32.23%) is below the historical average (-3.65%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 38.77% | 11.10% | 1.52x | 2.30x | CN¥38.19 Million |
| 2009 | 22.98% | 13.30% | 1.12x | 1.55x | CN¥39.77 Million |
| 2010 | 21.89% | 12.13% | 1.34x | 1.35x | CN¥46.62 Million |
| 2011 | 7.34% | 8.57% | 0.67x | 1.28x | CN¥-22.23 Million |
| 2012 | 7.30% | 6.06% | 0.78x | 1.54x | CN¥-23.52 Million |
| 2013 | 4.33% | 3.52% | 0.68x | 1.81x | CN¥-50.85 Million |
| 2014 | 2.52% | 3.70% | 0.41x | 1.67x | CN¥-123.20 Million |
| 2015 | 3.83% | 4.45% | 0.56x | 1.54x | CN¥-127.36 Million |
| 2016 | 3.27% | 3.81% | 0.47x | 1.83x | CN¥-144.46 Million |
| 2017 | 7.65% | 6.12% | 0.58x | 2.16x | CN¥-54.09 Million |
| 2018 | 3.97% | 3.91% | 0.48x | 2.13x | CN¥-185.55 Million |
| 2019 | -13.21% | -15.95% | 0.42x | 1.98x | CN¥-722.29 Million |
| 2020 | 1.32% | 1.43% | 0.45x | 2.07x | CN¥-272.67 Million |
| 2021 | -57.80% | -41.46% | 0.50x | 2.79x | CN¥-1.35 Billion |
| 2022 | -32.90% | -25.52% | 0.42x | 3.03x | CN¥-643.16 Million |
| 2023 | -51.14% | -29.83% | 0.43x | 3.98x | CN¥-605.94 Million |
| 2024 | -32.23% | -18.53% | 0.38x | 4.59x | CN¥-316.47 Million |
Industry Comparison
This section compares Hainan RuiZe New Building Material Co Ltd's net assets metrics with peer companies in the Building Materials industry.
Industry Context
- Industry: Building Materials
- Average net assets among peers: $5,433,825,727
- Average return on equity (ROE) among peers: 46.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hainan RuiZe New Building Material Co Ltd (002596) | CN¥633.17 Million | 38.77% | 4.08x | $397.00 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 | $800.06 Million |
| Jiangxi Wannianqing Cement Co Ltd (000789) | $2.61 Billion | 19.37% | 1.69x | $288.81 Million |
| Xinjiang Tianshan Cement Co Ltd (000877) | $5.40 Billion | 20.92% | 1.84x | $783.16 Million |
| Sinostone Guangdong Co Ltd (001212) | $1.42 Billion | 6.07% | 0.18x | $814.06 Million |
| Ruitai Materials Technology Co Ltd (002066) | $882.60 Million | 6.49% | 1.50x | $391.14 Million |
| Guangdong Tapai Group Co Ltd (002233) | $3.82 Billion | 10.48% | 0.43x | $832.22 Million |
| China West Construction Group Co Ltd (002302) | $6.71 Billion | 1.58% | 1.72x | $378.10 Million |
| Hubei Guochuang Hi-tech Material Co Ltd (002377) | $895.70 Million | 0.58% | 0.68x | $314.31 Million |