Chengdu Road & Bridge Engineering Co Ltd (002628) - Net Assets
Based on the latest financial reports, Chengdu Road & Bridge Engineering Co Ltd (002628) has net assets worth CN¥2.90 Billion CNY (≈ $424.34 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¥6.52 Billion ≈ $954.66 Million USD) and total liabilities (CN¥3.62 Billion ≈ $530.32 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 Chengdu Road & Bridge Engineering Co Ltd (002628) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.90 Billion |
| % of Total Assets | 44.45% |
| Annual Growth Rate | 15.64% |
| 5-Year Change | -5.18% |
| 10-Year Change | 8.26% |
| Growth Volatility | 54.08 |
Chengdu Road & Bridge Engineering Co Ltd - Net Assets Trend (2008–2025)
This chart illustrates how Chengdu Road & Bridge Engineering Co Ltd's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Chengdu Road & Bridge Engineering Co Ltd to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Chengdu Road & Bridge Engineering Co Ltd (2008–2025)
The table below shows the annual net assets of Chengdu Road & Bridge Engineering Co Ltd from 2008 to 2025. For live valuation and market cap data, see how much is Chengdu Road & Bridge Engineering Co Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥2.89 Billion ≈ $423.23 Million |
-2.77% |
| 2024-12-31 | CN¥2.97 Billion ≈ $435.27 Million |
-2.93% |
| 2023-12-31 | CN¥3.06 Billion ≈ $448.43 Million |
-0.45% |
| 2022-12-31 | CN¥3.08 Billion ≈ $450.46 Million |
+0.92% |
| 2021-12-31 | CN¥3.05 Billion ≈ $446.33 Million |
+3.06% |
| 2020-12-31 | CN¥2.96 Billion ≈ $433.09 Million |
-4.83% |
| 2019-12-31 | CN¥3.11 Billion ≈ $455.07 Million |
+14.86% |
| 2018-12-31 | CN¥2.71 Billion ≈ $396.20 Million |
+1.15% |
| 2017-12-31 | CN¥2.68 Billion ≈ $391.70 Million |
+0.19% |
| 2016-12-31 | CN¥2.67 Billion ≈ $390.95 Million |
+2.14% |
| 2015-12-31 | CN¥2.62 Billion ≈ $382.77 Million |
-0.64% |
| 2014-12-31 | CN¥2.63 Billion ≈ $385.22 Million |
+2.68% |
| 2013-12-31 | CN¥2.56 Billion ≈ $375.18 Million |
+58.08% |
| 2012-12-31 | CN¥1.62 Billion ≈ $237.34 Million |
+17.82% |
| 2011-12-31 | CN¥1.38 Billion ≈ $201.45 Million |
+228.45% |
| 2010-12-31 | CN¥419.13 Million ≈ $61.33 Million |
+38.20% |
| 2009-12-31 | CN¥303.29 Million ≈ $44.38 Million |
+23.99% |
| 2008-12-31 | CN¥244.61 Million ≈ $35.79 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Chengdu Road & Bridge 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 907.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥974.79 Million | 34.63% |
| Other Components | CN¥1.84 Billion | 65.37% |
| Total Equity | CN¥2.81 Billion | 100.00% |
Chengdu Road & Bridge Engineering Co Ltd Competitors by Market Cap
The table below lists competitors of Chengdu Road & Bridge Engineering Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sam-A Aluminiu
KO:006110
|
$545.36 Million |
|
Grupa Azoty S.A.
WAR:ATT
|
$545.45 Million |
|
Zhejiang Narada Power Source
SHE:300068
|
$545.56 Million |
|
Basler Kantonalbank
SW:BSKP
|
$545.67 Million |
|
Sage Therapeutics Inc
NASDAQ:SAGE
|
$544.94 Million |
|
Thor Explorations Ltd.
V:THX
|
$544.87 Million |
|
G City Ltd
TA:GCT
|
$544.65 Million |
|
Innventure, Inc.
NASDAQ:INV
|
$544.29 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Chengdu Road & Bridge Engineering Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,896,174,000 to 2,814,606,205, a change of -81,567,795 (-2.8%).
- Net loss of 78,598,944 reduced equity.
- Dividend payments of 38,617,881 reduced retained earnings.
- Other factors increased equity by 35,649,030.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-78.60 Million | -2.79% |
| Dividends Paid | CN¥38.62 Million | -1.37% |
| Other Changes | CN¥35.65 Million | +1.27% |
| Total Change | CN¥- | -2.82% |
Book Value vs Market Value Analysis
This analysis compares Chengdu Road & Bridge 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: 1.32x
- 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 9.08x to 1.32x 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¥0.54 | CN¥4.92 | x |
| 2009-12-31 | CN¥0.67 | CN¥4.92 | x |
| 2010-12-31 | CN¥0.93 | CN¥4.92 | x |
| 2011-12-31 | CN¥2.90 | CN¥4.92 | x |
| 2012-12-31 | CN¥2.68 | CN¥4.92 | x |
| 2013-12-31 | CN¥3.91 | CN¥4.92 | x |
| 2014-12-31 | CN¥3.63 | CN¥4.92 | x |
| 2015-12-31 | CN¥3.54 | CN¥4.92 | x |
| 2016-12-31 | CN¥3.63 | CN¥4.92 | x |
| 2017-12-31 | CN¥3.58 | CN¥4.92 | x |
| 2018-12-31 | CN¥3.79 | CN¥4.92 | x |
| 2019-12-31 | CN¥3.84 | CN¥4.92 | x |
| 2020-12-31 | CN¥3.88 | CN¥4.92 | x |
| 2021-12-31 | CN¥3.77 | CN¥4.92 | x |
| 2022-12-31 | CN¥3.30 | CN¥4.92 | x |
| 2023-12-31 | CN¥6.65 | CN¥4.92 | x |
| 2024-12-31 | CN¥3.77 | CN¥4.92 | x |
| 2025-12-31 | CN¥3.72 | CN¥4.92 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Chengdu Road & Bridge 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): -2.79%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -8.75%
- • Asset Turnover: 0.13x
- • Equity Multiplier: 2.38x
- Recent ROE (-2.79%) is below the historical average (7.10%), 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 | 23.01% | 4.96% | 1.00x | 4.65x | CN¥31.64 Million |
| 2009 | 23.45% | 6.12% | 0.88x | 4.34x | CN¥40.63 Million |
| 2010 | 28.32% | 6.93% | 1.03x | 3.95x | CN¥76.68 Million |
| 2011 | 13.93% | 7.51% | 0.89x | 2.09x | CN¥54.03 Million |
| 2012 | 16.05% | 6.61% | 0.75x | 3.22x | CN¥98.17 Million |
| 2013 | 12.28% | 7.37% | 0.54x | 3.08x | CN¥58.55 Million |
| 2014 | 5.24% | 9.21% | 0.24x | 2.39x | CN¥-125.35 Million |
| 2015 | 0.72% | 1.30% | 0.25x | 2.17x | CN¥-242.83 Million |
| 2016 | 1.64% | 2.13% | 0.36x | 2.16x | CN¥-223.25 Million |
| 2017 | 0.84% | 1.13% | 0.35x | 2.09x | CN¥-245.11 Million |
| 2018 | 0.79% | 0.78% | 0.46x | 2.20x | CN¥-247.97 Million |
| 2019 | 1.56% | 1.55% | 0.40x | 2.51x | CN¥-233.25 Million |
| 2020 | 2.83% | 3.76% | 0.28x | 2.68x | CN¥-206.75 Million |
| 2021 | 2.66% | 4.42% | 0.22x | 2.75x | CN¥-218.51 Million |
| 2022 | 0.30% | 0.68% | 0.17x | 2.56x | CN¥-291.10 Million |
| 2023 | 0.15% | 0.39% | 0.16x | 2.45x | CN¥-294.24 Million |
| 2024 | -3.18% | -11.37% | 0.12x | 2.41x | CN¥-381.79 Million |
| 2025 | -2.79% | -8.75% | 0.13x | 2.38x | CN¥-360.06 Million |
Industry Comparison
This section compares Chengdu Road & Bridge 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: $1,684,048,967
- Average return on equity (ROE) among peers: -14.67%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chengdu Road & Bridge Engineering Co Ltd (002628) | CN¥2.90 Billion | 23.01% | 1.25x | $545.07 Million |
| Shenzhen Ecobeauty Co Ltd (000010) | $1.18 Billion | -89.98% | 1.63x | $319.64 Million |
| Shenzhen Sed Industry Co Ltd (000032) | $9.72 Billion | 3.98% | 3.73x | $4.37 Billion |
| NORINCO International Cooperation Ltd (000065) | $119.64 Million | 7.91% | 0.42x | $2.09 Billion |
| Shenzhen Tagen Group Co Ltd (000090) | $3.16 Billion | 5.48% | 1.14x | $926.92 Million |
| Shandong Hi-Speed Road&Bridge (000498) | $400.51 Million | -44.34% | 4.27x | $1.14 Billion |
| Jinyuan Cement Co Ltd (000546) | $199.97 Million | 6.34% | 1.39x | $589.45 Million |
| Hunan Investment Group Co Ltd (000548) | $294.05 Million | -42.13% | 2.67x | $317.04 Million |
| ChengDu Hi-Tech Development Co Ltd (000628) | $198.31 Million | 4.14% | 13.41x | $2.77 Billion |
| Gansu Engineering Consulting Group Co Ltd (000779) | $-1.17 Billion | 0.00% | 0.00x | $524.43 Million |
| Hainan Expressway Co Ltd (000886) | $2.74 Billion | 1.84% | 0.19x | $614.96 Million |
About Chengdu Road & Bridge Engineering Co Ltd
Chengdu Road & Bridge Engineering CO.,LTD engages in the engineering and construction business in China and internationally. The company is involved in highway and bridge construction, project investment, and construction management, as well as the provision of surveying and mapping, and land consolidation services. The company was founded in 1988 and is headquartered in Chengdu, China.