Xinjiang Communications Construction Group Co Ltd Class A

SHE:002941 China Infrastructure Operations
Market Cap
$1.59 Billion
CN¥11.63 Billion CNY
Market Cap Rank
#8027 Global
#1458 in China
Share Price
CN¥15.94
Change (1 day)
-1.06%
52-Week Range
CN¥9.90 - CN¥20.59
All Time High
CN¥38.82
About

Xinjiang Communications Construction Group Co., Ltd. engages in the construction of transportation infrastructure in China and internationally. It operates through three segments, Construction Business; Material Sales; And Survey, Design, Testing and Inspection, and Others. The company is involved in contracting and construction of domestic and overseas highway projects; and sales of highway cons… Read more

Xinjiang Communications Construction Group Co Ltd Class A (002941) - Net Assets

Latest net assets as of September 2025: CN¥6.47 Billion CNY

Based on the latest financial reports, Xinjiang Communications Construction Group Co Ltd Class A (002941) has net assets worth CN¥6.47 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¥20.85 Billion) and total liabilities (CN¥14.37 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¥6.47 Billion
% of Total Assets 31.04%
Annual Growth Rate 22.77%
5-Year Change 30.64%
10-Year Change 303.09%
Growth Volatility 25.9

Xinjiang Communications Construction Group Co Ltd Class A - Net Assets Trend (2008–2024)

This chart illustrates how Xinjiang Communications Construction Group Co Ltd Class A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Xinjiang Communications Construction Group Co Ltd Class A (2008–2024)

The table below shows the annual net assets of Xinjiang Communications Construction Group Co Ltd Class A from 2008 to 2024.

Year Net Assets Change
2024-12-31 CN¥5.02 Billion +5.73%
2023-12-31 CN¥4.75 Billion +6.48%
2022-12-31 CN¥4.46 Billion +7.66%
2021-12-31 CN¥4.14 Billion +7.79%
2020-12-31 CN¥3.84 Billion +42.02%
2019-12-31 CN¥2.71 Billion +8.34%
2018-12-31 CN¥2.50 Billion +58.89%
2017-12-31 CN¥1.57 Billion +18.61%
2016-12-31 CN¥1.33 Billion +6.41%
2015-12-31 CN¥1.25 Billion +76.44%
2014-12-31 CN¥706.16 Million +44.76%
2013-12-31 CN¥487.81 Million +27.47%
2012-12-31 CN¥382.68 Million +64.74%
2011-12-31 CN¥232.30 Million +42.23%
2010-12-31 CN¥163.33 Million -21.99%
2009-12-31 CN¥209.38 Million +11.06%
2008-12-31 CN¥188.53 Million --

Equity Component Analysis

This analysis shows how different components contribute to Xinjiang Communications Construction Group Co Ltd Class A'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 3667.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥1.73 Billion 48.43%
Common Stock CN¥645.58 Million 18.04%
Other Components CN¥1.20 Billion 33.53%
Total Equity CN¥3.58 Billion 100.00%

Xinjiang Communications Construction Group Co Ltd Class A Competitors by Market Cap

The table below lists competitors of Xinjiang Communications Construction Group Co Ltd Class A ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Xinjiang Communications Construction Group Co Ltd Class A's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 3,334,988,254 to 3,578,950,927, a change of 243,962,673 (7.3%).
  • Net income of 319,691,397 contributed positively to equity growth.
  • Dividend payments of 345,325,182 reduced retained earnings.
  • Other factors increased equity by 269,596,458.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥319.69 Million +8.93%
Dividends Paid CN¥345.33 Million -9.65%
Other Changes CN¥269.60 Million +7.53%
Total Change CN¥- 7.32%

Book Value vs Market Value Analysis

This analysis compares Xinjiang Communications Construction Group Co Ltd Class A'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: 3.24x
  • 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 34.48x to 3.24x 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¥0.46 CN¥15.94 x
2009-12-31 CN¥0.51 CN¥15.94 x
2010-12-31 CN¥0.40 CN¥15.94 x
2011-12-31 CN¥0.51 CN¥15.94 x
2012-12-31 CN¥0.54 CN¥15.94 x
2013-12-31 CN¥0.71 CN¥15.94 x
2014-12-31 CN¥1.02 CN¥15.94 x
2015-12-31 CN¥2.42 CN¥15.94 x
2016-12-31 CN¥2.13 CN¥15.94 x
2017-12-31 CN¥2.54 CN¥15.94 x
2018-12-31 CN¥3.83 CN¥15.94 x
2019-12-31 CN¥3.69 CN¥15.94 x
2020-12-31 CN¥3.98 CN¥15.94 x
2021-12-31 CN¥4.16 CN¥15.94 x
2022-12-31 CN¥4.43 CN¥15.94 x
2023-12-31 CN¥4.70 CN¥15.94 x
2024-12-31 CN¥4.93 CN¥15.94 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Xinjiang Communications Construction Group Co Ltd Class A 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): 8.93%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 4.66%
  • • Asset Turnover: 0.34x
  • • Equity Multiplier: 5.56x
  • Recent ROE (8.93%) is below the historical average (10.44%), 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 9.86% 0.46% 2.95x 7.32x CN¥-256.90K
2009 -3.11% -0.15% 2.73x 7.41x CN¥-27.44 Million
2010 16.79% 1.90% 1.56x 5.64x CN¥11.07 Million
2011 19.74% 2.16% 1.39x 6.56x CN¥20.11 Million
2012 12.04% 1.73% 1.18x 5.92x CN¥7.16 Million
2013 9.81% 1.04% 1.52x 6.21x CN¥-846.94K
2014 12.38% 2.71% 0.88x 5.19x CN¥15.67 Million
2015 4.14% 2.22% 0.60x 3.12x CN¥-69.91 Million
2016 11.75% 6.47% 0.60x 3.01x CN¥22.02 Million
2017 16.51% 3.45% 0.79x 6.03x CN¥96.96 Million
2018 15.65% 6.60% 0.53x 4.49x CN¥127.48 Million
2019 7.83% 3.13% 0.54x 4.62x CN¥-51.50 Million
2020 4.47% 1.61% 0.49x 5.69x CN¥-142.01 Million
2021 9.13% 2.18% 0.66x 6.40x CN¥-24.23 Million
2022 11.50% 4.45% 0.42x 6.09x CN¥45.99 Million
2023 10.01% 4.13% 0.42x 5.80x CN¥321.62K
2024 8.93% 4.66% 0.34x 5.56x CN¥-38.20 Million

Industry Comparison

This section compares Xinjiang Communications Construction Group Co Ltd Class A's net assets metrics with peer companies in the Infrastructure Operations industry.

Industry Context

  • Industry: Infrastructure Operations
  • Average net assets among peers: $12,766,143,077
  • Average return on equity (ROE) among peers: -0.36%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Xinjiang Communications Construction Group Co Ltd Class A (002941) CN¥6.47 Billion 9.86% 2.22x $839.14 Million
Shanxi Sanwei Group Co Ltd (000755) $4.95 Billion 9.26% 1.57x $239.87 Million
Dongguan Development Holdings Co Ltd (000828) $2.67 Billion 6.91% 0.56x $469.41 Million
City Development Environment Co Ltd (000885) $103.40 Million -76.39% 3.38x $431.18 Million
Xiandai Investment Co Ltd (000900) $5.14 Billion 16.00% 0.56x $475.65 Million
Merchant Express Class A (001965) $63.32 Billion 7.85% 0.55x $2.91 Billion
Shandong Sunway Petrochemical Engineering Co Ltd (002469) $2.87 Billion 9.16% 0.26x $626.47 Million
Guangdong Provincial Expressway Development Co Ltd (200429) $12.41 Billion 13.17% 0.72x $1.13 Billion
Henan Zhongyuan Expressway Co Ltd (600020) $11.21 Billion 7.13% 3.47x $484.63 Million
Fujian Expressway Development Co Ltd (600033) $12.23 Billion 3.70% 0.32x $626.53 Million