Qiaoyin Environmental Tech Co Ltd
QiaoYin City Management Co., Ltd. engages in the environmental protection and sanitation management business in China. The company provides soil remediation, sewage treatment, air purification, sludge, and hazardous waste treatment services. It also offers integrated urban and rural environmental services; sanitation engineering construction; water area, municipal, and landscaping maintenance; co… Read more
Qiaoyin Environmental Tech Co Ltd (002973) - Net Assets
Latest net assets as of September 2025: CN¥2.81 Billion CNY
Based on the latest financial reports, Qiaoyin Environmental Tech Co Ltd (002973) has net assets worth CN¥2.81 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¥8.47 Billion) and total liabilities (CN¥5.67 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¥2.81 Billion |
| % of Total Assets | 33.14% |
| Annual Growth Rate | 31.98% |
| 5-Year Change | 57.13% |
| 10-Year Change | N/A |
| Growth Volatility | 29.67 |
Qiaoyin Environmental Tech Co Ltd - Net Assets Trend (2015–2024)
This chart illustrates how Qiaoyin Environmental Tech Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Qiaoyin Environmental Tech Co Ltd (2015–2024)
The table below shows the annual net assets of Qiaoyin Environmental Tech Co Ltd from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.68 Billion | +9.79% |
| 2023-12-31 | CN¥2.44 Billion | +13.83% |
| 2022-12-31 | CN¥2.14 Billion | +11.03% |
| 2021-12-31 | CN¥1.93 Billion | +13.25% |
| 2020-12-31 | CN¥1.70 Billion | +34.79% |
| 2019-12-31 | CN¥1.26 Billion | +43.99% |
| 2018-12-31 | CN¥878.22 Million | +31.45% |
| 2017-12-31 | CN¥668.08 Million | +44.42% |
| 2016-12-31 | CN¥462.58 Million | +109.89% |
| 2015-12-31 | CN¥220.39 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Qiaoyin Environmental Tech 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 3367.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.60 Billion | 65.56% |
| Common Stock | CN¥408.67 Million | 16.78% |
| Other Comprehensive Income | CN¥171.88 Million | 7.06% |
| Other Components | CN¥258.21 Million | 10.60% |
| Total Equity | CN¥2.44 Billion | 100.00% |
Qiaoyin Environmental Tech Co Ltd Competitors by Market Cap
The table below lists competitors of Qiaoyin Environmental Tech Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nerdwallet Inc
NASDAQ:NRDS
|
$283.80 Million |
|
Privi Speciality Chemicals Limited
NSE:PRIVISCL
|
$283.81 Million |
|
Shuifa Energas Gas Co Ltd
SHG:603318
|
$283.90 Million |
|
Tianjin Jieqiang Power Equipment Co
SHE:300875
|
$283.92 Million |
|
Meitav Trade Inv Ltd
TA:MTRD
|
$283.72 Million |
|
HD Renewable Energy Co. Ltd.
TW:6873
|
$283.60 Million |
|
Medigen Vaccine Biologics
TWO:6547
|
$283.60 Million |
|
Jiangsu Fasten Co Ltd
SHE:000890
|
$283.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Qiaoyin Environmental Tech Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,190,066,702 to 2,435,492,011, a change of 245,425,309 (11.2%).
- Net income of 289,218,593 contributed positively to equity growth.
- Dividend payments of 189,711,243 reduced retained earnings.
- Other comprehensive income increased equity by 59,135,082.
- Other factors increased equity by 86,782,877.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥289.22 Million | +11.88% |
| Dividends Paid | CN¥189.71 Million | -7.79% |
| Other Comprehensive Income | CN¥59.14 Million | +2.43% |
| Other Changes | CN¥86.78 Million | +3.56% |
| Total Change | CN¥- | 11.21% |
Book Value vs Market Value Analysis
This analysis compares Qiaoyin Environmental Tech 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: 2.40x
- 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 26.93x to 2.40x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | CN¥0.53 | CN¥14.34 | x |
| 2016-12-31 | CN¥1.43 | CN¥14.34 | x |
| 2017-12-31 | CN¥1.77 | CN¥14.34 | x |
| 2018-12-31 | CN¥2.03 | CN¥14.34 | x |
| 2019-12-31 | CN¥2.58 | CN¥14.34 | x |
| 2020-12-31 | CN¥3.54 | CN¥14.34 | x |
| 2021-12-31 | CN¥4.08 | CN¥14.34 | x |
| 2022-12-31 | CN¥4.68 | CN¥14.34 | x |
| 2023-12-31 | CN¥5.39 | CN¥14.34 | x |
| 2024-12-31 | CN¥5.98 | CN¥14.34 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Qiaoyin Environmental Tech 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): 11.88%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.39%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 3.39x
- Recent ROE (11.88%) is below the historical average (17.10%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 24.86% | 10.28% | 1.46x | 1.66x | CN¥32.34 Million |
| 2016 | 21.75% | 11.55% | 1.32x | 1.42x | CN¥53.80 Million |
| 2017 | 14.16% | 7.56% | 1.15x | 1.62x | CN¥26.36 Million |
| 2018 | 13.78% | 6.51% | 0.79x | 2.68x | CN¥28.14 Million |
| 2019 | 12.44% | 5.98% | 0.67x | 3.10x | CN¥25.74 Million |
| 2020 | 25.97% | 13.28% | 0.63x | 3.09x | CN¥230.99 Million |
| 2021 | 15.31% | 7.66% | 0.58x | 3.43x | CN¥88.44 Million |
| 2022 | 16.44% | 7.95% | 0.57x | 3.59x | CN¥123.19 Million |
| 2023 | 14.47% | 8.03% | 0.52x | 3.43x | CN¥97.81 Million |
| 2024 | 11.88% | 7.39% | 0.47x | 3.39x | CN¥45.67 Million |
Industry Comparison
This section compares Qiaoyin Environmental Tech Co Ltd's net assets metrics with peer companies in the Waste Management industry.
Industry Context
- Industry: Waste Management
- Average net assets among peers: $1,004,770,393
- Average return on equity (ROE) among peers: 12.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Qiaoyin Environmental Tech Co Ltd (002973) | CN¥2.81 Billion | 24.86% | 2.02x | $283.77 Million |
| China Tianying Inc (000035) | $-1.25 Billion | 0.00% | 0.00x | $1.65 Billion |
| HeiLongJiang Kingland Technology Co Ltd (000711) | $2.99 Billion | 0.40% | 0.36x | $1.02 Billion |
| BECE Legend Group Co Ltd (000803) | $105.39 Million | 5.77% | 1.15x | $440.33 Million |
| Tus-Sound Environmental Resources Co Ltd (000826) | $287.34 Million | 9.00% | 0.41x | $390.57 Million |
| Wangneng Environment Co Ltd (002034) | $95.69 Million | 23.41% | 2.12x | $480.27 Million |
| Beijing Orient Landscape Co Ltd (002310) | $5.15 Billion | 17.26% | 1.33x | $2.05 Billion |
| Tongxing Environmental Protection (003027) | $159.92 Million | 7.49% | 0.83x | $184.18 Million |
| Beijing Originwater Technology (300070) | $163.87 Million | 43.09% | 0.45x | $1.16 Billion |
| Yonker Environmental Protect (300187) | $1.33 Billion | 8.47% | 0.73x | $236.44 Million |