Hainan RuiZe New Building Material Co Ltd (002596) - Net Assets
Based on the latest financial reports, Hainan RuiZe New Building Material Co Ltd (002596) has net assets worth CN¥484.20 Million CNY (≈ $70.85 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¥3.03 Billion ≈ $444.08 Million USD) and total liabilities (CN¥2.55 Billion ≈ $373.23 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 Hainan RuiZe New Building Material Co Lt strategic capital allocation to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥484.20 Million |
| % of Total Assets | 15.96% |
| Annual Growth Rate | 7.92% |
| 5-Year Change | -76.29% |
| 10-Year Change | -77.65% |
| Growth Volatility | 48.24 |
Hainan RuiZe New Building Material Co Ltd - Net Assets Trend (2008–2025)
This chart illustrates how Hainan RuiZe New Building Material Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see 002596 stock market capitalisation.
Annual Net Assets for Hainan RuiZe New Building Material Co Ltd (2008–2025)
The table below shows the annual net assets of Hainan RuiZe New Building Material Co Ltd from 2008 to 2025. Also explore Hainan RuiZe New Building Material Co Lt annual equity growth to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥485.36 Million ≈ $71.02 Million |
-31.85% |
| 2024-12-31 | CN¥712.23 Million ≈ $104.22 Million |
-26.47% |
| 2023-12-31 | CN¥968.68 Million ≈ $141.75 Million |
-34.80% |
| 2022-12-31 | CN¥1.49 Billion ≈ $217.41 Million |
-27.43% |
| 2021-12-31 | CN¥2.05 Billion ≈ $299.60 Million |
-36.32% |
| 2020-12-31 | CN¥3.22 Billion ≈ $470.50 Million |
+0.96% |
| 2019-12-31 | CN¥3.18 Billion ≈ $466.02 Million |
+1.07% |
| 2018-12-31 | CN¥3.15 Billion ≈ $461.09 Million |
+35.45% |
| 2017-12-31 | CN¥2.33 Billion ≈ $340.42 Million |
+7.13% |
| 2016-12-31 | CN¥2.17 Billion ≈ $317.78 Million |
+3.49% |
| 2015-12-31 | CN¥2.10 Billion ≈ $307.05 Million |
+25.37% |
| 2014-12-31 | CN¥1.67 Billion ≈ $244.91 Million |
+80.80% |
| 2013-12-31 | CN¥925.67 Million ≈ $135.45 Million |
+2.48% |
| 2012-12-31 | CN¥903.25 Million ≈ $132.17 Million |
+8.25% |
| 2011-12-31 | CN¥834.43 Million ≈ $122.10 Million |
+112.75% |
| 2010-12-31 | CN¥392.20 Million ≈ $57.39 Million |
+28.02% |
| 2009-12-31 | CN¥306.37 Million ≈ $44.83 Million |
+130.78% |
| 2008-12-31 | CN¥132.75 Million ≈ $19.43 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 10044.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥2.86 Billion | 535.13% |
| Total Equity | CN¥534.73 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 |
|---|---|
|
ForFarmers NV
AS:FFARM
|
$564.30 Million |
|
Jiangsu Liba Enterprise Joint-Stock Co Ltd
SHG:603519
|
$564.32 Million |
|
XMax Inc.
NASDAQ:XMAX
|
$564.47 Million |
|
Newcapec Electronics Co Ltd
SHE:300248
|
$564.61 Million |
|
Rongcheer Industrial Technology (Suzhou) Co. Ltd. A
SHE:301360
|
$564.10 Million |
|
Shandong Sunway Petrochemical Engineering Co Ltd
SHE:002469
|
$564.00 Million |
|
Jiangsu Feymer Technology Co Ltd
SHG:688350
|
$563.82 Million |
|
Taiwan Sakura Corp
TW:9911
|
$563.70 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 2024 to 2025, total equity changed from 749,459,000 to 534,725,350, a change of -214,733,650 (-28.7%).
- Net loss of 214,723,813 reduced equity.
- Dividend payments of 27,159,016 reduced retained earnings.
- Other comprehensive income decreased equity by 350,431,536.
- Other factors increased equity by 377,580,714.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-214.72 Million | -40.16% |
| Dividends Paid | CN¥27.16 Million | -5.08% |
| Other Comprehensive Income | CN¥-350.43 Million | -65.53% |
| Other Changes | CN¥377.58 Million | +70.61% |
| Total Change | CN¥- | -28.65% |
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: 7.21x
- 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 8.81x to 7.21x 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¥3.36 | x |
| 2009-12-31 | CN¥0.86 | CN¥3.36 | x |
| 2010-12-31 | CN¥0.82 | CN¥3.36 | x |
| 2011-12-31 | CN¥1.48 | CN¥3.36 | x |
| 2012-12-31 | CN¥1.35 | CN¥3.36 | x |
| 2013-12-31 | CN¥1.39 | CN¥3.36 | x |
| 2014-12-31 | CN¥2.51 | CN¥3.36 | x |
| 2015-12-31 | CN¥2.53 | CN¥3.36 | x |
| 2016-12-31 | CN¥2.14 | CN¥3.36 | x |
| 2017-12-31 | CN¥2.35 | CN¥3.36 | x |
| 2018-12-31 | CN¥3.02 | CN¥3.36 | x |
| 2019-12-31 | CN¥2.72 | CN¥3.36 | x |
| 2020-12-31 | CN¥3.03 | CN¥3.36 | x |
| 2021-12-31 | CN¥1.73 | CN¥3.36 | x |
| 2022-12-31 | CN¥1.31 | CN¥3.36 | x |
| 2023-12-31 | CN¥0.86 | CN¥3.36 | x |
| 2024-12-31 | CN¥0.65 | CN¥3.36 | x |
| 2025-12-31 | CN¥0.47 | CN¥3.36 | 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): -40.16%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -18.42%
- • Asset Turnover: 0.38x
- • Equity Multiplier: 5.74x
- Recent ROE (-40.16%) is below the historical average (-5.65%), 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% | 2.81% | 0.54x | 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 | -13.24% | -15.99% | 0.42x | 1.98x | CN¥-723.10 Million |
| 2020 | 1.32% | 1.43% | 0.45x | 2.07x | CN¥-272.66 Million |
| 2021 | -57.23% | -41.05% | 0.50x | 2.79x | CN¥-1.34 Billion |
| 2022 | -32.90% | -25.52% | 0.42x | 3.03x | CN¥-643.16 Million |
| 2023 | -51.14% | -29.58% | 0.43x | 3.98x | CN¥-605.94 Million |
| 2024 | -32.23% | -18.53% | 0.38x | 4.59x | CN¥-316.47 Million |
| 2025 | -40.16% | -18.42% | 0.38x | 5.74x | CN¥-268.20 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: $3,946,147,223
- Average return on equity (ROE) among peers: 12.95%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hainan RuiZe New Building Material Co Ltd (002596) | CN¥484.20 Million | 38.77% | 5.27x | $564.24 Million |
| CSG Holding Co Ltd (000012) | $4.29 Billion | 10.07% | 0.97x | $1.06 Billion |
| Tangshan Jidong Cement Co Ltd (000401) | $579.35 Million | 25.97% | 1.14x | $1.35 Billion |
| Gansu Shangfeng Cement Co Ltd (000672) | $93.07 Million | 11.07% | 1.68x | $2.06 Billion |
| Jiangxi Wannianqing Cement Co Ltd (000789) | $10.46 Billion | 3.72% | 0.74x | $473.74 Million |
| Xinjiang Tianshan Cement Co Ltd (000877) | $4.28 Billion | 11.82% | 1.42x | $3.86 Billion |
| Sinostone Guangdong Co Ltd (001212) | $438.80 Million | 19.66% | 0.29x | $1.04 Billion |
| Ruitai Materials Technology Co Ltd (002066) | $971.41 Million | 1.78% | 2.80x | $686.45 Million |
| Guangdong Tapai Group Co Ltd (002233) | $8.98 Billion | 19.18% | 0.22x | $1.22 Billion |
| China West Construction Group Co Ltd (002302) | $9.22 Billion | 7.16% | 1.43x | $855.26 Million |
| Hubei Guochuang Hi-tech Material Co Ltd (002377) | $154.17 Million | 19.09% | 2.00x | $415.67 Million |
About 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