CSG Holding Co Ltd (200012) - Net Assets

Latest as of June 2025: HK$13.67 Billion HKD ≈ $1.75 Billion USD

Based on the latest financial reports, CSG Holding Co Ltd (200012) has net assets worth HK$13.67 Billion HKD (≈ $1.75 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (HK$31.68 Billion ≈ $4.04 Billion USD) and total liabilities (HK$18.01 Billion ≈ $2.30 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. Explore how efficiently does CSG Holding Co Ltd generate cash to assess how effectively this company generates cash.

Key Net Assets Metrics

Metric Value
Current Net Assets HK$13.67 Billion
% of Total Assets 43.16%
Annual Growth Rate 17.06%
5-Year Change 31.9%
10-Year Change 83.15%
Growth Volatility 39.18

CSG Holding Co Ltd - Net Assets Trend (1990–2024)

This chart illustrates how CSG Holding Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore 200012 long-term asset investment ratio to see how much of total assets are deployed in long-term investments.

Annual Net Assets for CSG Holding Co Ltd (1990–2024)

The table below shows the annual net assets of CSG Holding Co Ltd from 1990 to 2024. For live valuation and market cap data, see CSG Holding Co Ltd (200012) market capitalisation.

Year Net Assets Change
2024-12-31 HK$14.00 Billion
≈ $1.79 Billion		 -3.67%
2023-12-31 HK$14.54 Billion
≈ $1.86 Billion		 +8.68%
2022-12-31 HK$13.38 Billion
≈ $1.71 Billion		 +12.72%
2021-12-31 HK$11.87 Billion
≈ $1.51 Billion		 +11.78%
2020-12-31 HK$10.62 Billion
≈ $1.36 Billion		 +7.60%
2019-12-31 HK$9.87 Billion
≈ $1.26 Billion		 +4.41%
2018-12-31 HK$9.45 Billion
≈ $1.21 Billion		 +7.63%
2017-12-31 HK$8.78 Billion
≈ $1.12 Billion		 +8.00%
2016-12-31 HK$8.13 Billion
≈ $1.04 Billion		 +6.33%
2015-12-31 HK$7.65 Billion
≈ $975.97 Million		 -10.20%
2014-12-31 HK$8.51 Billion
≈ $1.09 Billion		 +1.34%
2013-12-31 HK$8.40 Billion
≈ $1.07 Billion		 +15.58%
2012-12-31 HK$7.27 Billion
≈ $927.81 Million		 -0.52%
2011-12-31 HK$7.31 Billion
≈ $932.63 Million		 +8.09%
2010-12-31 HK$6.76 Billion
≈ $862.84 Million		 +20.46%
2009-12-31 HK$5.61 Billion
≈ $716.28 Million		 +16.58%
2008-12-31 HK$4.81 Billion
≈ $614.40 Million		 +12.31%
2007-12-31 HK$4.29 Billion
≈ $547.08 Million		 +45.73%
2006-12-31 HK$2.94 Billion
≈ $375.40 Million		 +8.28%
2005-12-31 HK$2.72 Billion
≈ $346.68 Million		 +10.52%
2004-12-31 HK$2.46 Billion
≈ $313.67 Million		 +11.53%
2003-12-31 HK$2.20 Billion
≈ $281.23 Million		 +11.05%
2002-12-31 HK$1.98 Billion
≈ $253.25 Million		 +5.48%
2001-12-31 HK$1.88 Billion
≈ $240.09 Million		 -0.49%
2000-12-31 HK$1.89 Billion
≈ $241.28 Million		 +4.86%
1999-12-31 HK$1.80 Billion
≈ $230.10 Million		 -9.48%
1998-12-31 HK$1.99 Billion
≈ $254.20 Million		 +0.73%
1997-12-31 HK$1.98 Billion
≈ $252.36 Million		 +41.65%
1996-12-31 HK$1.40 Billion
≈ $178.15 Million		 +34.48%
1995-12-31 HK$1.04 Billion
≈ $132.48 Million		 +3.99%
1994-12-31 HK$997.98 Million
≈ $127.40 Million		 +17.28%
1993-12-31 HK$850.96 Million
≈ $108.63 Million		 +185.25%
1992-12-31 HK$298.32 Million
≈ $38.08 Million		 +103.64%
1991-12-31 HK$146.50 Million
≈ $18.70 Million		 +121.32%
1990-12-31 HK$66.19 Million
≈ $8.45 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to CSG Holding 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 56580.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings HK$9.71 Billion 71.73%
Common Stock HK$3.07 Billion 22.69%
Other Comprehensive Income HK$106.38 Million 0.79%
Other Components HK$649.17 Million 4.80%
Total Equity HK$13.54 Billion 100.00%

CSG Holding Co Ltd Competitors by Market Cap

The table below lists competitors of CSG Holding Co Ltd ranked by their market capitalization.

Company Market Cap
Micro Contact Solution Co. Ltd
KQ:098120
 $198.30 Million
Security National Financial
NASDAQ:SNFCA
 $198.43 Million
Great China Metal Industry Co Ltd
TW:9905
 $198.43 Million
FB Bancorp, Inc. Common Stock
NASDAQ:FBLA
 $198.43 Million
BlackRock Investment Quality Municipal Closed Fund
NYSE:BKN
 $198.21 Million
Oando PLC
JSE:OAO
 $198.20 Million
Taiwan Fu Hsing Industrial Co Ltd
TW:9924
 $198.07 Million
Vestel Elektronik Sanayi ve Ticaret AS
IS:VESTL
 $198.05 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in CSG Holding Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 14,050,840,216 to 13,535,949,795, a change of -514,890,421 (-3.7%).
  • Net income of 266,772,318 contributed positively to equity growth.
  • Dividend payments of 1,050,959,870 reduced retained earnings.
  • Other comprehensive income decreased equity by 13,989,713.
  • Other factors increased equity by 283,286,844.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income HK$266.77 Million +1.97%
Dividends Paid HK$1.05 Billion -7.76%
Other Comprehensive Income HK$-13.99 Million -0.1%
Other Changes HK$283.29 Million +2.09%
Total Change HK$- -3.66%

Book Value vs Market Value Analysis

This analysis compares CSG Holding 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: 0.31x
  • The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
  • The price-to-book ratio has decreased from 24.87x to 0.31x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1991-12-31 HK$0.06 HK$1.40 x
1992-12-31 HK$0.11 HK$1.40 x
1993-12-31 HK$0.31 HK$1.40 x
1994-12-31 HK$0.36 HK$1.40 x
1995-12-31 HK$0.37 HK$1.40 x
1996-12-31 HK$0.51 HK$1.40 x
1997-12-31 HK$0.73 HK$1.40 x
1998-12-31 HK$0.74 HK$1.40 x
1999-12-31 HK$0.67 HK$1.40 x
2000-12-31 HK$0.70 HK$1.40 x
2001-12-31 HK$0.71 HK$1.40 x
2002-12-31 HK$0.73 HK$1.40 x
2003-12-31 HK$0.81 HK$1.40 x
2004-12-31 HK$0.89 HK$1.40 x
2005-12-31 HK$0.95 HK$1.40 x
2006-12-31 HK$1.05 HK$1.40 x
2007-12-31 HK$1.54 HK$1.40 x
2008-12-31 HK$1.53 HK$1.40 x
2009-12-31 HK$1.76 HK$1.40 x
2010-12-31 HK$2.11 HK$1.40 x
2011-12-31 HK$2.30 HK$1.40 x
2012-12-31 HK$2.22 HK$1.40 x
2013-12-31 HK$2.67 HK$1.40 x
2014-12-31 HK$2.71 HK$1.40 x
2015-12-31 HK$2.56 HK$1.40 x
2016-12-31 HK$2.55 HK$1.40 x
2017-12-31 HK$2.70 HK$1.40 x
2018-12-31 HK$2.81 HK$1.40 x
2019-12-31 HK$3.01 HK$1.40 x
2020-12-31 HK$3.28 HK$1.40 x
2021-12-31 HK$3.74 HK$1.40 x
2022-12-31 HK$4.16 HK$1.40 x
2023-12-31 HK$4.58 HK$1.40 x
2024-12-31 HK$4.57 HK$1.40 x

Capital Efficiency Dashboard

This dashboard shows how efficiently CSG Holding 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): 1.97%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 1.73%
  • • Asset Turnover: 0.50x
  • • Equity Multiplier: 2.31x
  • Recent ROE (1.97%) is below the historical average (10.85%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1991 17.40% 22.92% 0.28x 2.68x HK$10.85 Million
1992 21.83% 28.77% 0.51x 1.50x HK$32.90 Million
1993 17.73% 30.65% 0.42x 1.37x HK$61.74 Million
1994 17.30% 24.00% 0.50x 1.45x HK$68.00 Million
1995 13.85% 18.79% 0.32x 2.33x HK$37.42 Million
1996 11.50% 21.11% 0.25x 2.14x HK$20.01 Million
1997 5.39% 14.14% 0.23x 1.67x HK$-88.12 Million
1998 0.82% 2.09% 0.23x 1.71x HK$-177.16 Million
1999 -9.71% -17.36% 0.34x 1.64x HK$-344.52 Million
2000 8.97% 14.71% 0.40x 1.54x HK$-18.94 Million
2001 8.19% 14.53% 0.39x 1.46x HK$-33.35 Million
2002 8.56% 15.47% 0.35x 1.56x HK$-27.47 Million
2003 9.66% 15.33% 0.38x 1.66x HK$-7.27 Million
2004 14.56% 18.01% 0.40x 2.04x HK$106.14 Million
2005 12.78% 13.74% 0.42x 2.23x HK$68.82 Million
2006 12.64% 11.25% 0.44x 2.58x HK$69.28 Million
2007 10.77% 10.30% 0.50x 2.11x HK$30.78 Million
2008 9.24% 9.83% 0.41x 2.28x HK$-34.38 Million
2009 15.65% 15.76% 0.48x 2.05x HK$300.39 Million
2010 22.79% 18.79% 0.62x 1.95x HK$816.72 Million
2011 17.05% 14.25% 0.54x 2.21x HK$487.12 Million
2012 4.03% 3.93% 0.49x 2.10x HK$-406.87 Million
2013 19.08% 19.86% 0.51x 1.87x HK$731.14 Million
2014 9.60% 11.19% 0.46x 1.86x HK$-32.94 Million
2015 8.17% 8.41% 0.47x 2.05x HK$-139.49 Million
2016 10.22% 8.89% 0.52x 2.20x HK$16.83 Million
2017 9.76% 7.59% 0.56x 2.31x HK$-20.47 Million
2018 4.98% 4.27% 0.56x 2.10x HK$-457.35 Million
2019 5.65% 5.12% 0.58x 1.92x HK$-413.13 Million
2020 7.63% 7.30% 0.60x 1.75x HK$-241.97 Million
2021 13.35% 11.20% 0.68x 1.74x HK$383.43 Million
2022 15.85% 13.40% 0.59x 2.02x HK$751.71 Million
2023 11.78% 9.10% 0.60x 2.16x HK$250.53 Million
2024 1.97% 1.73% 0.50x 2.31x HK$-1.09 Billion

Industry Comparison

This section compares CSG Holding Co Ltd's net assets metrics with peer companies in the Building Materials industry.

Industry Context

  • Industry: Building Materials
  • Average net assets among peers: $6,150,976,128
  • Average return on equity (ROE) among peers: -30.98%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
CSG Holding Co Ltd (200012) HK$13.67 Billion 17.40% 1.32x $198.26 Million
CSG Holding Co Ltd (000012) $2.94 Billion 11.08% 1.30x $1.28 Billion
Tangshan Jidong Cement Co Ltd (000401) $32.60 Billion 4.16% 0.90x $1.54 Billion
Gansu Shangfeng Cement Co Ltd (000672) $27.95 Million -388.14% 7.38x $2.67 Billion
Jiangxi Wannianqing Cement Co Ltd (000789) $1.69 Billion 2.90% 1.30x $516.92 Million
Xinjiang Tianshan Cement Co Ltd (000877) $5.40 Billion 20.92% 1.84x $4.54 Billion
Sinostone Guangdong Co Ltd (001212) $1.66 Billion 4.78% 0.37x $1.59 Billion
Ruitai Materials Technology Co Ltd (002066) $750.27 Million 6.44% 1.19x $868.98 Million
Guangdong Tapai Group Co Ltd (002233) $10.46 Billion 17.05% 0.21x $1.39 Billion
China West Construction Group Co Ltd (002302) $1.06 Billion 10.16% 0.46x $947.62 Million
Hubei Guochuang Hi-tech Material Co Ltd (002377) $4.92 Billion 0.88% 0.34x $396.90 Million

About CSG Holding Co Ltd

SHE:200012 China Building Materials
Market Cap
$198.26 Million
HK$1.55 Billion HKD
Market Cap Rank
#16683 Global
#4649 in China
Share Price
HK$1.40
Change (1 day)
-2.10%
52-Week Range
HK$1.27 - HK$1.95
All Time High
HK$8.08
Categories
Companies in China Building Materials
About

CSG Holding Co., Ltd. researches, develops, manufactures, and sells glass products in Mainland and internationally. It operates through Glass, Electronic Glass and Display device, and Solar Energy and Other segments. The Glass segment engages in the production and sale of float, photovoltaic, and engineering glass products; and silica sand to produce related glass products. It also offers archite… Read more