Shenzhen Asiantime International Construction Co Ltd (002811) - Net Assets
Based on the latest financial reports, Shenzhen Asiantime International Construction Co Ltd (002811) has net assets worth CN¥1.40 Billion CNY (≈ $205.48 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.58 Billion ≈ $377.31 Million USD) and total liabilities (CN¥1.17 Billion ≈ $171.83 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 002811 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.40 Billion |
| % of Total Assets | 54.46% |
| Annual Growth Rate | 12.09% |
| 5-Year Change | -30.36% |
| 10-Year Change | 89.9% |
| Growth Volatility | 30.46 |
Shenzhen Asiantime International Construction Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Shenzhen Asiantime International Construction Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 002811 total assets for the complete picture of this company's asset base.
Annual Net Assets for Shenzhen Asiantime International Construction Co Ltd (2011–2024)
The table below shows the annual net assets of Shenzhen Asiantime International Construction Co Ltd from 2011 to 2024. For live valuation and market cap data, see 002811 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.12 Billion ≈ $163.60 Million |
-4.10% |
| 2023-12-31 | CN¥1.17 Billion ≈ $170.59 Million |
-3.66% |
| 2022-12-31 | CN¥1.21 Billion ≈ $177.07 Million |
-19.08% |
| 2021-12-31 | CN¥1.50 Billion ≈ $218.81 Million |
-6.86% |
| 2020-12-31 | CN¥1.61 Billion ≈ $234.92 Million |
-1.82% |
| 2019-12-31 | CN¥1.64 Billion ≈ $239.29 Million |
+16.72% |
| 2018-12-31 | CN¥1.40 Billion ≈ $205.01 Million |
+7.09% |
| 2017-12-31 | CN¥1.31 Billion ≈ $191.43 Million |
+6.22% |
| 2016-12-31 | CN¥1.23 Billion ≈ $180.23 Million |
+109.21% |
| 2015-12-31 | CN¥588.73 Million ≈ $86.15 Million |
+17.87% |
| 2014-12-31 | CN¥499.47 Million ≈ $73.09 Million |
+22.72% |
| 2013-12-31 | CN¥407.02 Million ≈ $59.56 Million |
+21.30% |
| 2012-12-31 | CN¥335.54 Million ≈ $49.10 Million |
+32.36% |
| 2011-12-31 | CN¥253.50 Million ≈ $37.10 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Asiantime International Construction 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 19.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥105.52 Million | 9.44% |
| Common Stock | CN¥273.68 Million | 24.48% |
| Other Comprehensive Income | CN¥140.82 Million | 12.60% |
| Other Components | CN¥598.00 Million | 53.49% |
| Total Equity | CN¥1.12 Billion | 100.00% |
Shenzhen Asiantime International Construction Co Ltd Competitors by Market Cap
The table below lists competitors of Shenzhen Asiantime International Construction Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dap Gayrimenkul Gelistirme AS
IS:DAPGM
|
$625.58 Million |
|
Zhongjin Irradiation Incorporated Company
SHE:300962
|
$625.83 Million |
|
Zhejiang Sunrise Garment Group Co Ltd
SHG:605138
|
$625.99 Million |
|
Aubay Société Anonyme
PA:AUB
|
$626.10 Million |
|
S.J.S. Enterprises Limited
NSE:SJS
|
$625.50 Million |
|
RaySearch Laboratories AB (publ)
ST:RAY-B
|
$625.45 Million |
|
Zhongrui Co Ltd
SHE:301587
|
$625.20 Million |
|
Shanghai Metersbonwe Fashion&Accessories Co Ltd
SHE:002269
|
$625.02 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Asiantime International Construction Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,165,797,000 to 1,118,021,000, a change of -47,776,000 (-4.1%).
- Net income of 95,422,000 contributed positively to equity growth.
- Dividend payments of 115,245,000 reduced retained earnings.
- Share repurchases of 50,013,904 reduced equity.
- Other comprehensive income decreased equity by 1,774,178.
- Other factors increased equity by 23,835,082.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥95.42 Million | +8.53% |
| Dividends Paid | CN¥115.25 Million | -10.31% |
| Share Repurchases | CN¥50.01 Million | -4.47% |
| Other Comprehensive Income | CN¥-1.77 Million | -0.16% |
| Other Changes | CN¥23.84 Million | +2.13% |
| Total Change | CN¥- | -4.10% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Asiantime International Construction 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: 3.29x
- 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 11.08x to 3.29x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥1.25 | CN¥13.88 | x |
| 2012-12-31 | CN¥1.66 | CN¥13.88 | x |
| 2013-12-31 | CN¥2.01 | CN¥13.88 | x |
| 2014-12-31 | CN¥2.46 | CN¥13.88 | x |
| 2015-12-31 | CN¥2.90 | CN¥13.88 | x |
| 2016-12-31 | CN¥5.58 | CN¥13.88 | x |
| 2017-12-31 | CN¥4.86 | CN¥13.88 | x |
| 2018-12-31 | CN¥5.15 | CN¥13.88 | x |
| 2019-12-31 | CN¥5.97 | CN¥13.88 | x |
| 2020-12-31 | CN¥5.91 | CN¥13.88 | x |
| 2021-12-31 | CN¥5.54 | CN¥13.88 | x |
| 2022-12-31 | CN¥4.45 | CN¥13.88 | x |
| 2023-12-31 | CN¥4.33 | CN¥13.88 | x |
| 2024-12-31 | CN¥4.22 | CN¥13.88 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Asiantime International Construction 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): 8.53%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.04%
- • Asset Turnover: 0.46x
- • Equity Multiplier: 2.29x
- Recent ROE (8.53%) is below the historical average (9.84%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 22.17% | 5.61% | 1.52x | 2.59x | CN¥30.85 Million |
| 2012 | 24.92% | 7.27% | 1.28x | 2.67x | CN¥50.08 Million |
| 2013 | 25.59% | 6.65% | 1.67x | 2.30x | CN¥63.47 Million |
| 2014 | 22.45% | 6.26% | 1.35x | 2.66x | CN¥62.18 Million |
| 2015 | 18.61% | 6.07% | 1.10x | 2.78x | CN¥50.70 Million |
| 2016 | 6.57% | 4.86% | 0.74x | 1.83x | CN¥-42.24 Million |
| 2017 | 8.24% | 5.90% | 0.70x | 1.98x | CN¥-23.07 Million |
| 2018 | 8.15% | 4.97% | 0.83x | 1.98x | CN¥-25.86 Million |
| 2019 | 8.21% | 5.31% | 0.73x | 2.11x | CN¥-29.15 Million |
| 2020 | 1.72% | 1.45% | 0.61x | 1.96x | CN¥-132.14 Million |
| 2021 | 1.18% | 0.93% | 0.64x | 2.00x | CN¥-131.87 Million |
| 2022 | -14.46% | -15.96% | 0.41x | 2.19x | CN¥-295.95 Million |
| 2023 | -4.16% | -4.43% | 0.42x | 2.23x | CN¥-165.04 Million |
| 2024 | 8.53% | 8.04% | 0.46x | 2.29x | CN¥-16.38 Million |
Industry Comparison
This section compares Shenzhen Asiantime International Construction Co Ltd's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $2,659,169,713
- Average return on equity (ROE) among peers: 4.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Asiantime International Construction Co Ltd (002811) | CN¥1.40 Billion | 22.17% | 0.84x | $625.51 Million |
| Shenzhen Ecobeauty Co Ltd (000010) | $86.44 Million | 8.33% | 1.82x | $486.19 Million |
| Shenzhen Sed Industry Co Ltd (000032) | $659.52 Million | 6.07% | 1.00x | $3.08 Billion |
| NORINCO International Cooperation Ltd (000065) | $9.29 Billion | 9.88% | 1.56x | $2.17 Billion |
| Shenzhen Tagen Group Co Ltd (000090) | $3.07 Billion | 6.62% | 1.44x | $962.46 Million |
| Shandong Hi-Speed Road&Bridge (000498) | $518.35 Million | -21.04% | 2.07x | $1.26 Billion |
| Jinyuan Cement Co Ltd (000546) | $6.14 Billion | 1.41% | 0.76x | $878.49 Million |
| Hunan Investment Group Co Ltd (000548) | $1.55 Billion | 3.80% | 0.54x | $389.36 Million |
| ChengDu Hi-Tech Development Co Ltd (000628) | $686.52 Million | 6.80% | 4.78x | $3.41 Billion |
| Gansu Engineering Consulting Group Co Ltd (000779) | $2.16 Billion | 14.25% | 0.81x | $602.65 Million |
| Hainan Expressway Co Ltd (000886) | $2.44 Billion | 4.85% | 0.21x | $800.17 Million |
About Shenzhen Asiantime International Construction Co Ltd
Shenzhen Cheng Chung Design Co., Ltd. provides decoration design, consulting, and construction services in China and internationally. It offers its services to hotels, high-end residences and office buildings, luxury clubhouses, commercial complexes, and other decoration and design fields. The company was formerly known as Shenzhen Asiantime International Construction Co., Ltd. Shenzhen Cheng Chu… Read more