Cendes Co Ltd Class A
Huatu Cendes Co., Ltd., an architectural design company, provides professional, designing, consulting, and engineering services to state-owned enterprises, private enterprises, multinational corporations and government agencies in China. The company was formerly known as Cendes Co., Ltd. and changed its name to Huatu Cendes Co., Ltd. in January 2020. Huatu Cendes Co., Ltd. was founded in 1999 and… Read more
Cendes Co Ltd Class A (300492) - Net Assets
Latest net assets as of June 2025: CN¥418.85 Million CNY
Based on the latest financial reports, Cendes Co Ltd Class A (300492) has net assets worth CN¥418.85 Million 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¥2.46 Billion) and total liabilities (CN¥2.05 Billion). 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¥418.85 Million |
| % of Total Assets | 17.0% |
| Annual Growth Rate | 9.01% |
| 5-Year Change | -0.08% |
| 10-Year Change | -1.68% |
| Growth Volatility | 26.72 |
Cendes Co Ltd Class A - Net Assets Trend (2011–2024)
This chart illustrates how Cendes Co Ltd Class A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Cendes Co Ltd Class A (2011–2024)
The table below shows the annual net assets of Cendes Co Ltd Class A from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥287.97 Million | +37.38% |
| 2023-12-31 | CN¥209.61 Million | -31.19% |
| 2022-12-31 | CN¥304.61 Million | +2.78% |
| 2021-12-31 | CN¥296.37 Million | +2.83% |
| 2020-12-31 | CN¥288.20 Million | -1.65% |
| 2019-12-31 | CN¥293.05 Million | -6.95% |
| 2018-12-31 | CN¥314.93 Million | +0.22% |
| 2017-12-31 | CN¥314.24 Million | +4.66% |
| 2016-12-31 | CN¥300.24 Million | +2.51% |
| 2015-12-31 | CN¥292.89 Million | +85.34% |
| 2014-12-31 | CN¥158.03 Million | +6.80% |
| 2013-12-31 | CN¥147.96 Million | +26.60% |
| 2012-12-31 | CN¥116.87 Million | +24.58% |
| 2011-12-31 | CN¥93.82 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Cendes Co Ltd Class A'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 219.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥67.66 Million | 23.49% |
| Other Components | CN¥220.32 Million | 76.51% |
| Total Equity | CN¥287.97 Million | 100.00% |
Cendes Co Ltd Class A Competitors by Market Cap
The table below lists competitors of Cendes Co Ltd Class A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
HIVE Digital Technologies Ltd
NASDAQ:HIVE
|
$523.67 Million |
|
Shanghai Daimay Auto Interior
SHG:603730
|
$523.68 Million |
|
Jiangsu Maixinlin Aviation Science & Technology Corp. A
SHG:688685
|
$523.76 Million |
|
VIRDY
PINK:VIRDY
|
$523.80 Million |
|
Shandong Nanshan Zhishang Sci-Tech Co.Ltd.
SHE:300918
|
$523.45 Million |
|
IP Group Plc
PINK:IPZYF
|
$523.40 Million |
|
indie Semiconductor Inc
NASDAQ:INDI
|
$523.36 Million |
|
Oil Refineries Ltd
PINK:OILRF
|
$523.30 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cendes Co Ltd Class A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 209,614,521 to 287,974,453, a change of 78,359,932 (37.4%).
- Net income of 52,992,080 contributed positively to equity growth.
- Other factors increased equity by 25,367,852.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥52.99 Million | +18.4% |
| Other Changes | CN¥25.37 Million | +8.81% |
| Total Change | CN¥- | 37.38% |
Book Value vs Market Value Analysis
This analysis compares Cendes Co Ltd Class A'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: 44.38x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 29.25x to 44.38x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥2.22 | CN¥64.98 | x |
| 2018-12-31 | CN¥2.23 | CN¥64.98 | x |
| 2019-12-31 | CN¥2.07 | CN¥64.98 | x |
| 2020-12-31 | CN¥2.04 | CN¥64.98 | x |
| 2021-12-31 | CN¥2.10 | CN¥64.98 | x |
| 2022-12-31 | CN¥2.17 | CN¥64.98 | x |
| 2023-12-31 | CN¥1.07 | CN¥64.98 | x |
| 2024-12-31 | CN¥1.46 | CN¥64.98 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cendes Co Ltd Class A 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): 18.40%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.87%
- • Asset Turnover: 1.52x
- • Equity Multiplier: 6.48x
- Recent ROE (18.40%) is above the historical average (2.56%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 9.24% | 14.45% | 0.46x | 1.39x | CN¥-2.21 Million |
| 2016 | 6.77% | 12.78% | 0.46x | 1.15x | CN¥-9.62 Million |
| 2017 | 6.56% | 13.75% | 0.39x | 1.23x | CN¥-10.81 Million |
| 2018 | 8.49% | 12.38% | 0.54x | 1.28x | CN¥-4.75 Million |
| 2019 | 7.20% | 9.87% | 0.57x | 1.27x | CN¥-8.21 Million |
| 2020 | 4.91% | 11.29% | 0.39x | 1.11x | CN¥-14.66 Million |
| 2021 | 4.31% | 11.62% | 0.34x | 1.09x | CN¥-16.86 Million |
| 2022 | 3.59% | 10.23% | 0.31x | 1.14x | CN¥-19.53 Million |
| 2023 | -43.88% | -37.22% | 0.24x | 4.87x | CN¥-112.93 Million |
| 2024 | 18.40% | 1.87% | 1.52x | 6.48x | CN¥24.19 Million |
Industry Comparison
This section compares Cendes Co Ltd Class A's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $2,293,171,469
- Average return on equity (ROE) among peers: -19.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cendes Co Ltd Class A (300492) | CN¥418.85 Million | 9.24% | 4.88x | $523.57 Million |
| Shenzhen Ecobeauty Co Ltd (000010) | $2.21 Billion | 1.80% | 1.20x | $542.14 Million |
| Shenzhen Sed Industry Co Ltd (000032) | $273.69 Million | 5.51% | 1.09x | $1.18 Billion |
| NORINCO International Cooperation Ltd (000065) | $10.22 Billion | 10.27% | 1.39x | $959.60 Million |
| Shenzhen Tagen Group Co Ltd (000090) | $1.08 Billion | 6.39% | 1.55x | $602.43 Million |
| Shandong Hi-Speed Road&Bridge (000498) | $433.84 Million | -22.79% | 2.88x | $597.20 Million |
| Jinyuan Cement Co Ltd (000546) | $4.61 Billion | 0.86% | 0.22x | $312.99 Million |
| Hunan Investment Group Co Ltd (000548) | $1.41 Billion | 7.29% | 0.50x | $259.03 Million |
| ChengDu Hi-Tech Development Co Ltd (000628) | $134.20 Million | -202.04% | 12.95x | $1.18 Billion |
| Gansu Engineering Consulting Group Co Ltd (000779) | $307.94 Million | -4.18% | 0.33x | $300.46 Million |
| Hainan Expressway Co Ltd (000886) | $2.26 Billion | 1.18% | 0.16x | $593.20 Million |