Nanjing CEC Environmental Protect (300172) - Net Assets
Based on the latest financial reports, Nanjing CEC Environmental Protect (300172) has net assets worth CN¥1.98 Billion CNY (≈ $289.34 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.91 Billion ≈ $425.62 Million USD) and total liabilities (CN¥931.29 Million ≈ $136.28 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 Nanjing CEC Environmental Protect (300172) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.98 Billion |
| % of Total Assets | 67.98% |
| Annual Growth Rate | 18.01% |
| 5-Year Change | 10.08% |
| 10-Year Change | 73.09% |
| Growth Volatility | 65.8 |
Nanjing CEC Environmental Protect - Net Assets Trend (2007–2025)
This chart illustrates how Nanjing CEC Environmental Protect's net assets have evolved over time, based on quarterly financial data. Also explore 300172 total asset value for the complete picture of this company's asset base.
Annual Net Assets for Nanjing CEC Environmental Protect (2007–2025)
The table below shows the annual net assets of Nanjing CEC Environmental Protect from 2007 to 2025. For live valuation and market cap data, see 300172 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.98 Billion ≈ $289.34 Million |
+2.34% |
| 2024-12-31 | CN¥1.93 Billion ≈ $282.74 Million |
+2.92% |
| 2023-12-31 | CN¥1.88 Billion ≈ $274.71 Million |
+2.53% |
| 2022-12-31 | CN¥1.83 Billion ≈ $267.92 Million |
+1.93% |
| 2021-12-31 | CN¥1.80 Billion ≈ $262.86 Million |
+5.62% |
| 2020-12-31 | CN¥1.70 Billion ≈ $248.87 Million |
+11.09% |
| 2019-12-31 | CN¥1.53 Billion ≈ $224.02 Million |
+11.53% |
| 2018-12-31 | CN¥1.37 Billion ≈ $200.86 Million |
+10.43% |
| 2017-12-31 | CN¥1.24 Billion ≈ $181.89 Million |
+8.81% |
| 2016-12-31 | CN¥1.14 Billion ≈ $167.16 Million |
+9.82% |
| 2015-12-31 | CN¥1.04 Billion ≈ $152.22 Million |
+9.25% |
| 2014-12-31 | CN¥952.17 Million ≈ $139.33 Million |
+8.36% |
| 2013-12-31 | CN¥878.73 Million ≈ $128.59 Million |
+5.96% |
| 2012-12-31 | CN¥829.27 Million ≈ $121.35 Million |
+6.85% |
| 2011-12-31 | CN¥776.12 Million ≈ $113.57 Million |
+295.08% |
| 2010-12-31 | CN¥196.45 Million ≈ $28.75 Million |
+23.87% |
| 2009-12-31 | CN¥158.59 Million ≈ $23.21 Million |
+14.08% |
| 2008-12-31 | CN¥139.03 Million ≈ $20.34 Million |
+38.66% |
| 2007-12-31 | CN¥100.26 Million ≈ $14.67 Million |
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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 8212.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.08 Billion | 55.97% |
| Other Components | CN¥850.38 Million | 44.03% |
| Total Equity | CN¥1.93 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 |
|---|---|
|
Hunan Chen Dian International Development Co Ltd
SHG:600969
|
$537.71 Million |
|
Neosem Inc
KQ:253590
|
$537.71 Million |
|
IS Dongseo
KO:010780
|
$537.84 Million |
|
Nanjing Well Pharmaceutical Co Ltd
SHG:603351
|
$537.89 Million |
|
Sichuan Fulin Transportation Group Co Ltd
SHE:002357
|
$537.64 Million |
|
Tianjin Saixiang Technology Co Ltd
SHE:002337
|
$537.47 Million |
|
Probe Gold Inc.
TO:PRB
|
$537.15 Million |
|
San Shing Fastech Corp
TW:5007
|
$537.09 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 2024 to 2025, total equity changed from 1,883,181,193 to 1,931,276,529, a change of 48,095,336 (2.6%).
- Net income of 81,690,836 contributed positively to equity growth.
- Dividend payments of 36,066,521 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥81.69 Million | +4.23% |
| Dividends Paid | CN¥36.07 Million | -1.87% |
| Other Changes | CN¥2.47 Million | +0.13% |
| Total Change | CN¥- | 2.55% |
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: 1.90x
- 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 2.98x to 1.90x 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¥5.43 | x |
| 2018-12-31 | CN¥1.94 | CN¥5.43 | x |
| 2019-12-31 | CN¥2.17 | CN¥5.43 | x |
| 2020-12-31 | CN¥2.42 | CN¥5.43 | x |
| 2021-12-31 | CN¥2.56 | CN¥5.43 | x |
| 2022-12-31 | CN¥2.63 | CN¥5.43 | x |
| 2023-12-31 | CN¥2.70 | CN¥5.43 | x |
| 2024-12-31 | CN¥2.78 | CN¥5.43 | x |
| 2025-12-31 | CN¥2.85 | CN¥5.43 | 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): 4.23%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.40%
- • Asset Turnover: 0.25x
- • Equity Multiplier: 1.51x
- Recent ROE (4.23%) is below the historical average (11.27%), 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 |
| 2025 | 4.23% | 11.40% | 0.25x | 1.51x | CN¥-111.44 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: $1,125,458,844
- Average return on equity (ROE) among peers: -0.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nanjing CEC Environmental Protect (300172) | CN¥1.98 Billion | 30.71% | 0.47x | $537.70 Million |
| Central Plains Environment Protection Co Ltd (000544) | $340.22 Million | 6.78% | 1.78x | $1.21 Billion |
| Shenwu Energy Saving Co Ltd (000820) | $299.63 Million | -3.40% | 5.07x | $354.79 Million |
| Hebei Sailhero Environmental (300137) | $156.24 Million | 21.36% | 0.68x | $1.31 Billion |
| Xiongan Kerong Environment Technology Co Ltd (300152) | $716.66 Million | -66.38% | 1.87x | $208.61 Million |
| Shanghai Canature Environmental (300272) | $513.34 Million | 11.10% | 0.09x | $670.18 Million |
| Suzhou TA&A Ultra Clean Technology Co Ltd (300390) | $136.74 Million | 19.31% | 0.61x | $13.43 Billion |
| Scimee Sci &Tech Co Ltd (300425) | $2.55 Billion | 3.46% | 0.84x | $497.16 Million |
| Penyao Environmental Protection Co Ltd Class A (300664) | $4.41 Billion | 5.27% | 0.83x | $619.72 Million |
| ShenZhen GAD Environmental Technology Co. Ltd. (300854) | $1.00 Billion | 2.04% | 0.74x | $495.67 Million |
About 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