Guangdong Sanhe Pile Co Ltd (003037) - Net Assets
Based on the latest financial reports, Guangdong Sanhe Pile Co Ltd (003037) has net assets worth CN¥2.82 Billion CNY (≈ $412.09 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¥6.91 Billion ≈ $1.01 Billion USD) and total liabilities (CN¥4.09 Billion ≈ $598.40 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 003037 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.82 Billion |
| % of Total Assets | 40.78% |
| Annual Growth Rate | 18.33% |
| 5-Year Change | 63.69% |
| 10-Year Change | N/A |
| Growth Volatility | 21.94 |
Guangdong Sanhe Pile Co Ltd - Net Assets Trend (2016–2025)
This chart illustrates how Guangdong Sanhe Pile Co Ltd's net assets have evolved over time, based on quarterly financial data. See Guangdong Sanhe Pile Co Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Guangdong Sanhe Pile Co Ltd (2016–2025)
The table below shows the annual net assets of Guangdong Sanhe Pile Co Ltd from 2016 to 2025. For live valuation and market cap data, see how much is Guangdong Sanhe Pile Co Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥2.79 Billion ≈ $408.86 Million |
+0.58% |
| 2024-12-31 | CN¥2.78 Billion ≈ $406.48 Million |
-1.04% |
| 2023-12-31 | CN¥2.81 Billion ≈ $410.75 Million |
+56.47% |
| 2022-12-31 | CN¥1.79 Billion ≈ $262.51 Million |
+5.10% |
| 2021-12-31 | CN¥1.71 Billion ≈ $249.78 Million |
+28.62% |
| 2020-12-31 | CN¥1.33 Billion ≈ $194.19 Million |
+33.21% |
| 2019-12-31 | CN¥996.23 Million ≈ $145.78 Million |
-4.65% |
| 2018-12-31 | CN¥1.04 Billion ≈ $152.89 Million |
+52.21% |
| 2017-12-31 | CN¥686.42 Million ≈ $100.45 Million |
+11.72% |
| 2016-12-31 | CN¥614.40 Million ≈ $89.91 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Guangdong Sanhe Pile 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 1486.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥587.32 Million | 21.19% |
| Other Components | CN¥2.18 Billion | 78.81% |
| Total Equity | CN¥2.77 Billion | 100.00% |
Guangdong Sanhe Pile Co Ltd Competitors by Market Cap
The table below lists competitors of Guangdong Sanhe Pile Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Northern Arc Capital Ltd
NSE:NORTHARC
|
$515.52 Million |
|
Veradigm Inc.
NASDAQ:MDRX
|
$515.71 Million |
|
Shandong Astro-century Education&Technology Co Ltd
SHE:300654
|
$515.93 Million |
|
Joyware Electronics Co Ltd
SHE:300270
|
$516.21 Million |
|
Hainan Pearl River Holdings Co Ltd
SHE:000505
|
$515.34 Million |
|
Hangzhou Alltest Biotech Co. Ltd. A
SHG:688606
|
$515.33 Million |
|
Rompetrol Rafi
RO:RRC
|
$515.32 Million |
|
Hinova Pharmaceuticals Inc. A
SHG:688302
|
$515.09 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Guangdong Sanhe Pile Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,755,363,604 to 2,771,028,538, a change of 15,664,934 (0.6%).
- Net income of 47,378,859 contributed positively to equity growth.
- Dividend payments of 83,358,862 reduced retained earnings.
- Other comprehensive income decreased equity by 188,126,289.
- Other factors increased equity by 239,771,226.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥47.38 Million | +1.71% |
| Dividends Paid | CN¥83.36 Million | -3.01% |
| Other Comprehensive Income | CN¥-188.13 Million | -6.79% |
| Other Changes | CN¥239.77 Million | +8.65% |
| Total Change | CN¥- | 0.57% |
Book Value vs Market Value Analysis
This analysis compares Guangdong Sanhe Pile 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: 1.27x
- 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 3.78x to 1.27x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | CN¥1.56 | CN¥5.88 | x |
| 2017-12-31 | CN¥1.74 | CN¥5.88 | x |
| 2018-12-31 | CN¥2.57 | CN¥5.88 | x |
| 2019-12-31 | CN¥2.23 | CN¥5.88 | x |
| 2020-12-31 | CN¥3.02 | CN¥5.88 | x |
| 2021-12-31 | CN¥3.47 | CN¥5.88 | x |
| 2022-12-31 | CN¥3.57 | CN¥5.88 | x |
| 2023-12-31 | CN¥5.28 | CN¥5.88 | x |
| 2024-12-31 | CN¥4.36 | CN¥5.88 | x |
| 2025-12-31 | CN¥4.63 | CN¥5.88 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Guangdong Sanhe Pile 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): 1.71%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.77%
- • Asset Turnover: 0.88x
- • Equity Multiplier: 2.50x
- Recent ROE (1.71%) is below the historical average (12.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 9.63% | 1.94% | 1.10x | 4.49x | CN¥-2.24 Million |
| 2017 | 23.54% | 3.69% | 1.48x | 4.30x | CN¥92.59 Million |
| 2018 | 27.20% | 4.95% | 1.75x | 3.13x | CN¥178.24 Million |
| 2019 | 15.69% | 2.53% | 1.78x | 3.49x | CN¥55.85 Million |
| 2020 | 25.17% | 4.62% | 1.70x | 3.20x | CN¥199.26 Million |
| 2021 | 4.62% | 0.96% | 1.59x | 3.02x | CN¥-91.34 Million |
| 2022 | 8.68% | 2.34% | 1.17x | 3.18x | CN¥-23.72 Million |
| 2023 | 2.84% | 1.18% | 1.02x | 2.37x | CN¥-199.27 Million |
| 2024 | 0.92% | 0.41% | 0.89x | 2.54x | CN¥-250.28 Million |
| 2025 | 1.71% | 0.77% | 0.88x | 2.50x | CN¥-229.72 Million |
Industry Comparison
This section compares Guangdong Sanhe Pile Co Ltd's net assets metrics with peer companies in the Building Materials industry.
Industry Context
- Industry: Building Materials
- Average net assets among peers: $5,911,590,670
- Average return on equity (ROE) among peers: 10.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Guangdong Sanhe Pile Co Ltd (003037) | CN¥2.82 Billion | 9.63% | 1.45x | $515.46 Million |
| CSG Holding Co Ltd (000012) | $2.20 Billion | 9.26% | 0.60x | $1.23 Billion |
| Tangshan Jidong Cement Co Ltd (000401) | $33.78 Billion | 8.32% | 0.79x | $1.42 Billion |
| Gansu Shangfeng Cement Co Ltd (000672) | $25.36 Million | 12.31% | 2.80x | $2.65 Billion |
| Jiangxi Wannianqing Cement Co Ltd (000789) | $4.20 Billion | 13.08% | 1.10x | $479.58 Million |
| Xinjiang Tianshan Cement Co Ltd (000877) | $85.96 Million | 23.73% | 0.88x | $4.10 Billion |
| Sinostone Guangdong Co Ltd (001212) | $438.80 Million | 19.66% | 0.29x | $1.45 Billion |
| Ruitai Materials Technology Co Ltd (002066) | $923.65 Million | 1.64% | 2.97x | $755.55 Million |
| Guangdong Tapai Group Co Ltd (002233) | $12.06 Billion | 5.26% | 0.11x | $1.29 Billion |
| China West Construction Group Co Ltd (002302) | $4.64 Billion | 6.81% | 2.05x | $858.96 Million |
| Hubei Guochuang Hi-tech Material Co Ltd (002377) | $753.41 Million | 2.29% | 1.24x | $362.04 Million |
About Guangdong Sanhe Pile Co Ltd
Guangdong Sanhe Pile Co., Ltd. engages in the research and development, production, and sale of prestressed concrete pipe pile products in China. The company offers pile products, including precast high strength concrete thin-walled steel pipe pile; expanding piles; pre-tensioned prestressed high-strength concrete pipes, high strength concrete corrosion-resistant pipe piles, diamond piles, and hi… Read more