Xinjiang Communications Construction Group Co Ltd Class A (002941) - Net Assets
Based on the latest financial reports, Xinjiang Communications Construction Group Co Ltd Class A (002941) has net assets worth CN¥6.47 Billion CNY (≈ $947.02 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¥20.85 Billion ≈ $3.05 Billion USD) and total liabilities (CN¥14.37 Billion ≈ $2.10 Billion 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. Read Xinjiang Communications Construction Gro (002941) total liabilities for a breakdown of total debt and financial obligations.
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. Also explore Xinjiang Communications Construction Gro balance sheet assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see market cap of Xinjiang Communications Construction Gro.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥5.02 Billion ≈ $734.92 Million |
+5.73% |
| 2023-12-31 | CN¥4.75 Billion ≈ $695.06 Million |
+6.48% |
| 2022-12-31 | CN¥4.46 Billion ≈ $652.77 Million |
+7.66% |
| 2021-12-31 | CN¥4.14 Billion ≈ $606.35 Million |
+7.79% |
| 2020-12-31 | CN¥3.84 Billion ≈ $562.55 Million |
+42.02% |
| 2019-12-31 | CN¥2.71 Billion ≈ $396.12 Million |
+8.34% |
| 2018-12-31 | CN¥2.50 Billion ≈ $365.64 Million |
+58.89% |
| 2017-12-31 | CN¥1.57 Billion ≈ $230.12 Million |
+18.61% |
| 2016-12-31 | CN¥1.33 Billion ≈ $194.01 Million |
+6.41% |
| 2015-12-31 | CN¥1.25 Billion ≈ $182.32 Million |
+76.44% |
| 2014-12-31 | CN¥706.16 Million ≈ $103.33 Million |
+44.76% |
| 2013-12-31 | CN¥487.81 Million ≈ $71.38 Million |
+27.47% |
| 2012-12-31 | CN¥382.68 Million ≈ $56.00 Million |
+64.74% |
| 2011-12-31 | CN¥232.30 Million ≈ $33.99 Million |
+42.23% |
| 2010-12-31 | CN¥163.33 Million ≈ $23.90 Million |
-21.99% |
| 2009-12-31 | CN¥209.38 Million ≈ $30.64 Million |
+11.06% |
| 2008-12-31 | CN¥188.53 Million ≈ $27.59 Million |
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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.
| Company | Market Cap |
|---|---|
|
Pebblebrook Hotel Trust
NYSE:PEB
|
$1.48 Billion |
|
Chengdu Haoneng Tech Co Ltd
SHG:603809
|
$1.49 Billion |
|
Kirloskar Brothers Limited
NSE:KIRLOSBROS
|
$1.49 Billion |
|
JiShi Media Co Ltd
SHG:601929
|
$1.49 Billion |
|
LPI Capital Bhd
KLSE:8621
|
$1.48 Billion |
|
Byline Bancorp Inc
NYSE:BY
|
$1.48 Billion |
|
Sunshine Global Circuits Co Ltd Class A
SHE:300739
|
$1.48 Billion |
|
Triumph Financial, Inc.
NYSE:TFIN
|
$1.48 Billion |
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: 2.82x
- 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 30.07x to 2.82x 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¥13.90 | x |
| 2009-12-31 | CN¥0.51 | CN¥13.90 | x |
| 2010-12-31 | CN¥0.40 | CN¥13.90 | x |
| 2011-12-31 | CN¥0.51 | CN¥13.90 | x |
| 2012-12-31 | CN¥0.54 | CN¥13.90 | x |
| 2013-12-31 | CN¥0.71 | CN¥13.90 | x |
| 2014-12-31 | CN¥1.02 | CN¥13.90 | x |
| 2015-12-31 | CN¥2.42 | CN¥13.90 | x |
| 2016-12-31 | CN¥2.13 | CN¥13.90 | x |
| 2017-12-31 | CN¥2.54 | CN¥13.90 | x |
| 2018-12-31 | CN¥3.83 | CN¥13.90 | x |
| 2019-12-31 | CN¥3.69 | CN¥13.90 | x |
| 2020-12-31 | CN¥3.98 | CN¥13.90 | x |
| 2021-12-31 | CN¥4.16 | CN¥13.90 | x |
| 2022-12-31 | CN¥4.43 | CN¥13.90 | x |
| 2023-12-31 | CN¥4.70 | CN¥13.90 | x |
| 2024-12-31 | CN¥4.93 | CN¥13.90 | 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: $7,835,697,830
- Average return on equity (ROE) among peers: 8.35%
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 | $1.48 Billion |
| Guangdong Provincial Expressway Development Co Ltd (000429) | $3.37 Billion | 3.94% | 0.12x | $3.21 Billion |
| Shanxi Sanwei Group Co Ltd (000755) | $160.96 Million | 16.73% | 1.44x | $1.08 Billion |
| Dongguan Development Holdings Co Ltd (000828) | $2.54 Billion | 8.82% | 0.40x | $1.58 Billion |
| City Development Environment Co Ltd (000885) | $2.90 Billion | 16.27% | 1.18x | $1.33 Billion |
| Xiandai Investment Co Ltd (000900) | $7.06 Billion | 8.02% | 1.65x | $937.29 Million |
| Merchant Express Class A (001965) | $46.36 Billion | 7.27% | 0.41x | $9.35 Billion |
| Shandong Sunway Petrochemical Engineering Co Ltd (002469) | $1.27 Billion | 0.93% | 0.20x | $682.68 Million |
| Guangdong Provincial Expressway Development Co Ltd (200429) | $4.25 Billion | 7.65% | 0.60x | $402.45 Million |
| Anhui Expressway Co Ltd (600012) | $2.61 Billion | 5.54% | 0.17x | $2.67 Billion |
About Xinjiang Communications Construction Group Co Ltd Class A
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