M Grass Ecology and Environment Group Co Ltd (300355) - Net Assets
Based on the latest financial reports, M Grass Ecology and Environment Group Co Ltd (300355) has net assets worth CN¥5.07 Billion CNY (≈ $742.21 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥15.14 Billion ≈ $2.22 Billion USD) and total liabilities (CN¥10.06 Billion ≈ $1.47 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. Check 300355 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥5.07 Billion |
| % of Total Assets | 33.51% |
| Annual Growth Rate | 28.11% |
| 5-Year Change | -8.9% |
| 10-Year Change | 125.38% |
| Growth Volatility | 42.94 |
M Grass Ecology and Environment Group Co Ltd - Net Assets Trend (2009–2024)
This chart illustrates how M Grass Ecology and Environment Group Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore M Grass Ecology and Environment Group Co total assets for the complete picture of this company's asset base.
Annual Net Assets for M Grass Ecology and Environment Group Co Ltd (2009–2024)
The table below shows the annual net assets of M Grass Ecology and Environment Group Co Ltd from 2009 to 2024. For live valuation and market cap data, see market cap of M Grass Ecology and Environment Group Co.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥5.00 Billion ≈ $732.36 Million |
-15.39% |
| 2023-12-31 | CN¥5.92 Billion ≈ $865.61 Million |
+2.99% |
| 2022-12-31 | CN¥5.74 Billion ≈ $840.47 Million |
-0.23% |
| 2021-12-31 | CN¥5.76 Billion ≈ $842.44 Million |
+4.79% |
| 2020-12-31 | CN¥5.49 Billion ≈ $803.90 Million |
+2.73% |
| 2019-12-31 | CN¥5.35 Billion ≈ $782.54 Million |
+28.01% |
| 2018-12-31 | CN¥4.18 Billion ≈ $611.34 Million |
+6.48% |
| 2017-12-31 | CN¥3.92 Billion ≈ $574.12 Million |
+27.52% |
| 2016-12-31 | CN¥3.08 Billion ≈ $450.23 Million |
+38.56% |
| 2015-12-31 | CN¥2.22 Billion ≈ $324.95 Million |
+40.12% |
| 2014-12-31 | CN¥1.58 Billion ≈ $231.90 Million |
+69.32% |
| 2013-12-31 | CN¥936.00 Million ≈ $136.97 Million |
+14.18% |
| 2012-12-31 | CN¥819.74 Million ≈ $119.95 Million |
+156.69% |
| 2011-12-31 | CN¥319.35 Million ≈ $46.73 Million |
+34.79% |
| 2010-12-31 | CN¥236.93 Million ≈ $34.67 Million |
+94.53% |
| 2009-12-31 | CN¥121.80 Million ≈ $17.82 Million |
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Equity Component Analysis
This analysis shows how different components contribute to M Grass Ecology and Environment Group 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 6251.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.87 Billion | 43.98% |
| Other Components | CN¥2.38 Billion | 56.02% |
| Total Equity | CN¥4.25 Billion | 100.00% |
M Grass Ecology and Environment Group Co Ltd Competitors by Market Cap
The table below lists competitors of M Grass Ecology and Environment Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Theravance Biopharma Inc
NASDAQ:TBPH
|
$854.78 Million |
|
SHENWAN HONGYUAN GR.H YC1
F:2X2A
|
$854.81 Million |
|
Scandinavian Tobacco Group A/S
CO:STG
|
$854.90 Million |
|
Shanghai Kelai Mechatronics
SHG:603960
|
$855.22 Million |
|
Yatharth Hospital & Trauma Care Services Limited
NSE:YATHARTH
|
$854.47 Million |
|
Shinkong Synthetic Fiber Corp
TW:1409
|
$854.13 Million |
|
Shenzhen Weiguang Biological Products Co Ltd
SHE:002880
|
$853.26 Million |
|
Tsakos Energy Navigation Ltd
NYSE:TEN
|
$853.21 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in M Grass Ecology and Environment Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,158,458,382 to 4,245,917,549, a change of -912,540,833 (-17.7%).
- Net income of 35,381,832 contributed positively to equity growth.
- Dividend payments of 458,969,963 reduced retained earnings.
- Other factors decreased equity by 488,952,702.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥35.38 Million | +0.83% |
| Dividends Paid | CN¥458.97 Million | -10.81% |
| Other Changes | CN¥-488.95 Million | -11.52% |
| Total Change | CN¥- | -17.69% |
Book Value vs Market Value Analysis
This analysis compares M Grass Ecology and Environment Group 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: 1.38x
- 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 1.62x to 1.38x 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¥2.25 | CN¥3.64 | x |
| 2018-12-31 | CN¥2.29 | CN¥3.64 | x |
| 2019-12-31 | CN¥2.78 | CN¥3.64 | x |
| 2020-12-31 | CN¥3.00 | CN¥3.64 | x |
| 2021-12-31 | CN¥3.12 | CN¥3.64 | x |
| 2022-12-31 | CN¥3.12 | CN¥3.64 | x |
| 2023-12-31 | CN¥3.22 | CN¥3.64 | x |
| 2024-12-31 | CN¥2.65 | CN¥3.64 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently M Grass Ecology and Environment Group 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): 0.83%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.65%
- • Asset Turnover: 0.14x
- • Equity Multiplier: 3.65x
- Recent ROE (0.83%) is below the historical average (11.88%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 26.99% | 13.38% | 0.87x | 2.32x | CN¥20.70 Million |
| 2010 | 28.03% | 17.83% | 0.84x | 1.87x | CN¥42.10 Million |
| 2011 | 25.88% | 16.31% | 0.71x | 2.23x | CN¥50.01 Million |
| 2012 | 15.60% | 20.26% | 0.47x | 1.62x | CN¥45.67 Million |
| 2013 | 11.58% | 13.93% | 0.42x | 1.97x | CN¥14.21 Million |
| 2014 | 11.57% | 10.27% | 0.46x | 2.43x | CN¥22.63 Million |
| 2015 | 7.74% | 9.00% | 0.39x | 2.21x | CN¥-46.43 Million |
| 2016 | 12.04% | 11.86% | 0.41x | 2.49x | CN¥57.48 Million |
| 2017 | 23.43% | 15.13% | 0.45x | 3.46x | CN¥483.75 Million |
| 2018 | 5.56% | 5.33% | 0.26x | 3.96x | CN¥-162.79 Million |
| 2019 | 1.37% | 2.14% | 0.18x | 3.63x | CN¥-384.63 Million |
| 2020 | 4.82% | 9.13% | 0.17x | 3.16x | CN¥-249.51 Million |
| 2021 | 6.18% | 10.62% | 0.18x | 3.20x | CN¥-191.23 Million |
| 2022 | 3.70% | 8.32% | 0.14x | 3.21x | CN¥-315.09 Million |
| 2023 | 4.83% | 13.15% | 0.12x | 3.09x | CN¥-266.72 Million |
| 2024 | 0.83% | 1.65% | 0.14x | 3.65x | CN¥-389.21 Million |
Industry Comparison
This section compares M Grass Ecology and Environment Group Co Ltd's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $2,659,169,713
- Average return on equity (ROE) among peers: 4.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| M Grass Ecology and Environment Group Co Ltd (300355) | CN¥5.07 Billion | 26.99% | 1.98x | $854.49 Million |
| Shenzhen Ecobeauty Co Ltd (000010) | $86.44 Million | 8.33% | 1.82x | $486.19 Million |
| Shenzhen Sed Industry Co Ltd (000032) | $659.52 Million | 6.07% | 1.00x | $3.08 Billion |
| NORINCO International Cooperation Ltd (000065) | $9.29 Billion | 9.88% | 1.56x | $2.17 Billion |
| Shenzhen Tagen Group Co Ltd (000090) | $3.07 Billion | 6.62% | 1.44x | $962.46 Million |
| Shandong Hi-Speed Road&Bridge (000498) | $518.35 Million | -21.04% | 2.07x | $1.26 Billion |
| Jinyuan Cement Co Ltd (000546) | $6.14 Billion | 1.41% | 0.76x | $878.49 Million |
| Hunan Investment Group Co Ltd (000548) | $1.55 Billion | 3.80% | 0.54x | $389.36 Million |
| ChengDu Hi-Tech Development Co Ltd (000628) | $686.52 Million | 6.80% | 4.78x | $3.41 Billion |
| Gansu Engineering Consulting Group Co Ltd (000779) | $2.16 Billion | 14.25% | 0.81x | $602.65 Million |
| Hainan Expressway Co Ltd (000886) | $2.44 Billion | 4.85% | 0.21x | $800.17 Million |
About M Grass Ecology and Environment Group Co Ltd
M-Grass Ecology And Environment (Group) Co., Ltd. engages in the seed industry technology and ecological restoration businesses. The company is involved in grassland restoration, mine and barren mountain/slope restoration, desert and sand land control, saline land improvement and soil rehabilitation, dump/wasteland rehabilitation, water- efficient landscaping and sponge cities, and sports turf pl… Read more