Nanjing CEC Environmental Protect
Cec Environmental Protection Co.,Ltd provides ecological environmental management services in China. The company provides industrial water treatment, sewage treatment and water environment comprehensive treatment, solid and hazardous waste disposal, soil remediation, kitchen and food waste co-treatment, flue gas and VOCs treatment; smart environmental protection; and high-end equipment, etc. It a… Read more
Nanjing CEC Environmental Protect (300172) - Net Assets
Latest net assets as of June 2025: CN¥1.95 Billion CNY
Based on the latest financial reports, Nanjing CEC Environmental Protect (300172) has net assets worth CN¥1.95 Billion CNY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.76 Billion) and total liabilities (CN¥809.26 Million). 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¥1.95 Billion |
| % of Total Assets | 70.65% |
| Annual Growth Rate | 19.01% |
| 5-Year Change | 13.61% |
| 10-Year Change | 85.74% |
| Growth Volatility | 67.45 |
Nanjing CEC Environmental Protect - Net Assets Trend (2007–2024)
This chart illustrates how Nanjing CEC Environmental Protect's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Nanjing CEC Environmental Protect (2007–2024)
The table below shows the annual net assets of Nanjing CEC Environmental Protect from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.93 Billion | +2.92% |
| 2023-12-31 | CN¥1.88 Billion | +2.53% |
| 2022-12-31 | CN¥1.83 Billion | +1.93% |
| 2021-12-31 | CN¥1.80 Billion | +5.62% |
| 2020-12-31 | CN¥1.70 Billion | +11.09% |
| 2019-12-31 | CN¥1.53 Billion | +11.53% |
| 2018-12-31 | CN¥1.37 Billion | +10.43% |
| 2017-12-31 | CN¥1.24 Billion | +8.81% |
| 2016-12-31 | CN¥1.14 Billion | +9.82% |
| 2015-12-31 | CN¥1.04 Billion | +9.25% |
| 2014-12-31 | CN¥952.17 Million | +8.36% |
| 2013-12-31 | CN¥878.73 Million | +5.96% |
| 2012-12-31 | CN¥829.27 Million | +6.85% |
| 2011-12-31 | CN¥776.12 Million | +295.08% |
| 2010-12-31 | CN¥196.45 Million | +23.87% |
| 2009-12-31 | CN¥158.59 Million | +14.08% |
| 2008-12-31 | CN¥139.03 Million | +38.66% |
| 2007-12-31 | CN¥100.26 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nanjing CEC Environmental Protect'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 7876.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.04 Billion | 55.08% |
| Other Components | CN¥846.00 Million | 44.92% |
| Total Equity | CN¥1.88 Billion | 100.00% |
Nanjing CEC Environmental Protect Competitors by Market Cap
The table below lists competitors of Nanjing CEC Environmental Protect ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Chengdu Xiling Power Science & Technology Incorporated Co Class A
SHE:300733
|
$349.04 Million |
|
Community West Bancshares
NASDAQ:CWBC
|
$349.14 Million |
|
Cia Brasileira de Aluminio
SA:CBAV3
|
$349.16 Million |
|
Beijing InHand Networks Technology Co Ltd
SHG:688080
|
$349.18 Million |
|
ChemPartner PharmaTech Co Ltd
SHE:300149
|
$349.03 Million |
|
SFA Semicon Co. Ltd
KQ:036540
|
$348.99 Million |
|
Giti Tire Corp
SHG:600182
|
$348.97 Million |
|
Hangzhou Raycloud Technology Co Ltd
SHG:688365
|
$348.93 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nanjing CEC Environmental Protect's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,830,123,422 to 1,883,181,193, a change of 53,057,770 (2.9%).
- Net income of 74,158,440 contributed positively to equity growth.
- Dividend payments of 25,629,031 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥74.16 Million | +3.94% |
| Dividends Paid | CN¥25.63 Million | -1.36% |
| Other Changes | CN¥4.53 Million | +0.24% |
| Total Change | CN¥- | 2.90% |
Book Value vs Market Value Analysis
This analysis compares Nanjing CEC Environmental Protect'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: 2.11x
- 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 3.23x to 2.11x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥1.82 | CN¥5.88 | x |
| 2018-12-31 | CN¥1.94 | CN¥5.88 | x |
| 2019-12-31 | CN¥2.17 | CN¥5.88 | x |
| 2020-12-31 | CN¥2.42 | CN¥5.88 | x |
| 2021-12-31 | CN¥2.56 | CN¥5.88 | x |
| 2022-12-31 | CN¥2.63 | CN¥5.88 | x |
| 2023-12-31 | CN¥2.70 | CN¥5.88 | x |
| 2024-12-31 | CN¥2.78 | CN¥5.88 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nanjing CEC Environmental Protect 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): 3.94%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.86%
- • Asset Turnover: 0.31x
- • Equity Multiplier: 1.44x
- Recent ROE (3.94%) is below the historical average (11.66%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 30.71% | 14.02% | 0.77x | 2.85x | CN¥20.11 Million |
| 2008 | 23.30% | 13.11% | 0.76x | 2.33x | CN¥17.91 Million |
| 2009 | 24.39% | 14.63% | 0.95x | 1.76x | CN¥22.83 Million |
| 2010 | 23.09% | 16.12% | 0.85x | 1.68x | CN¥25.71 Million |
| 2011 | 5.99% | 19.17% | 0.26x | 1.22x | CN¥-30.91 Million |
| 2012 | 7.00% | 15.73% | 0.35x | 1.29x | CN¥-24.53 Million |
| 2013 | 7.96% | 12.78% | 0.44x | 1.41x | CN¥-17.75 Million |
| 2014 | 8.95% | 14.15% | 0.44x | 1.42x | CN¥-9.81 Million |
| 2015 | 9.93% | 16.60% | 0.40x | 1.49x | CN¥-716.04K |
| 2016 | 9.84% | 16.82% | 0.38x | 1.55x | CN¥-1.78 Million |
| 2017 | 9.84% | 17.37% | 0.34x | 1.68x | CN¥-1.94 Million |
| 2018 | 9.29% | 15.31% | 0.35x | 1.75x | CN¥-9.28 Million |
| 2019 | 9.72% | 15.76% | 0.36x | 1.71x | CN¥-4.12 Million |
| 2020 | 10.79% | 19.24% | 0.34x | 1.63x | CN¥12.91 Million |
| 2021 | 6.14% | 12.19% | 0.31x | 1.60x | CN¥-67.02 Million |
| 2022 | 4.29% | 7.45% | 0.36x | 1.62x | CN¥-101.57 Million |
| 2023 | 4.69% | 8.53% | 0.35x | 1.58x | CN¥-97.20 Million |
| 2024 | 3.94% | 8.86% | 0.31x | 1.44x | CN¥-114.16 Million |
Industry Comparison
This section compares Nanjing CEC Environmental Protect's net assets metrics with peer companies in the Pollution & Treatment Controls industry.
Industry Context
- Industry: Pollution & Treatment Controls
- Average net assets among peers: $745,958,891
- Average return on equity (ROE) among peers: 14.09%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nanjing CEC Environmental Protect (300172) | CN¥1.95 Billion | 30.71% | 0.42x | $349.04 Million |
| Central Plains Environment Protection Co Ltd (000544) | $588.07 Million | 12.54% | 0.70x | $260.65 Million |
| Shenwu Energy Saving Co Ltd (000820) | $401.85 Million | 22.49% | 3.36x | $220.56 Million |
| Jinglv Envi Science & Tech Co (001230) | $1.94 Billion | 7.24% | 0.63x | $175.09 Million |
| Hebei Sailhero Environmental (300137) | $83.77 Million | 28.22% | 1.13x | $746.77 Million |
| Xiongan Kerong Environment Technology Co Ltd (300152) | $112.38 Million | 16.52% | 0.62x | $215.47 Million |
| Shanghai Canature Environmental (300272) | $124.35 Million | 9.83% | 0.11x | $415.36 Million |
| Suzhou TA&A Ultra Clean Technology Co Ltd (300390) | $844.27 Million | 3.78% | 0.22x | $3.98 Billion |
| Scimee Sci &Tech Co Ltd (300425) | $321.78 Million | 16.64% | 0.35x | $280.96 Million |
| Penyao Environmental Protection Co Ltd Class A (300664) | $2.29 Billion | 9.56% | 0.71x | $396.01 Million |