Qingdao Huicheng Environmental Co Ltd (300779) - Net Assets
Based on the latest financial reports, Qingdao Huicheng Environmental Co Ltd (300779) has net assets worth CN¥2.48 Billion CNY (≈ $362.39 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥7.28 Billion ≈ $1.07 Billion USD) and total liabilities (CN¥4.81 Billion ≈ $703.57 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 Qingdao Huicheng Environmental Co Ltd (300779) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.48 Billion |
| % of Total Assets | 34.0% |
| Annual Growth Rate | 21.1% |
| 5-Year Change | 124.62% |
| 10-Year Change | 591.17% |
| Growth Volatility | 31.06 |
Qingdao Huicheng Environmental Co Ltd - Net Assets Trend (2014–2025)
This chart illustrates how Qingdao Huicheng Environmental Co Ltd's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Qingdao Huicheng Environmental Co Ltd to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Qingdao Huicheng Environmental Co Ltd (2014–2025)
The table below shows the annual net assets of Qingdao Huicheng Environmental Co Ltd from 2014 to 2025. For live valuation and market cap data, see 300779 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.63 Billion ≈ $239.02 Million |
+4.59% |
| 2024-12-31 | CN¥1.56 Billion ≈ $228.53 Million |
+14.07% |
| 2023-12-31 | CN¥1.37 Billion ≈ $200.33 Million |
+79.15% |
| 2022-12-31 | CN¥764.21 Million ≈ $111.83 Million |
+5.09% |
| 2021-12-31 | CN¥727.20 Million ≈ $106.41 Million |
+9.20% |
| 2020-12-31 | CN¥665.96 Million ≈ $97.45 Million |
+2.62% |
| 2019-12-31 | CN¥648.94 Million ≈ $94.96 Million |
+97.92% |
| 2018-12-31 | CN¥327.88 Million ≈ $47.98 Million |
+19.11% |
| 2017-12-31 | CN¥275.28 Million ≈ $40.28 Million |
+16.48% |
| 2016-12-31 | CN¥236.33 Million ≈ $34.58 Million |
+15.64% |
| 2015-12-31 | CN¥204.36 Million ≈ $29.90 Million |
+2.80% |
| 2014-12-31 | CN¥198.79 Million ≈ $29.09 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Qingdao Huicheng Environmental 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 1038.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥336.22 Million | 23.69% |
| Other Components | CN¥1.08 Billion | 76.31% |
| Total Equity | CN¥1.42 Billion | 100.00% |
Qingdao Huicheng Environmental Co Ltd Competitors by Market Cap
The table below lists competitors of Qingdao Huicheng Environmental Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shenzhen Jame Technology Corp Ltd
SHE:300868
|
$2.65 Billion |
|
Jiangyin Jianghua Microelectronics Materials Co Ltd
SHG:603078
|
$2.65 Billion |
|
BKV Corporation
NYSE:BKV
|
$2.65 Billion |
|
Beijing BDStar Navigation Co Ltd
SHE:002151
|
$2.65 Billion |
|
Exxaro Resources Ltd
JSE:EXX
|
$2.65 Billion |
|
Marriot Vacations Worldwide
NYSE:VAC
|
$2.65 Billion |
|
Arcutis Biotherapeutics Inc
NASDAQ:ARQT
|
$2.65 Billion |
|
Acer Incorporated
F:AC5G
|
$2.65 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Qingdao Huicheng Environmental Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,336,491,021 to 1,419,437,848, a change of 82,946,827 (6.2%).
- Net income of 58,467,193 contributed positively to equity growth.
- Dividend payments of 88,479,656 reduced retained earnings.
- Other comprehensive income decreased equity by 73,594,248.
- Other factors increased equity by 186,553,538.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥58.47 Million | +4.12% |
| Dividends Paid | CN¥88.48 Million | -6.23% |
| Other Comprehensive Income | CN¥-73.59 Million | -5.18% |
| Other Changes | CN¥186.55 Million | +13.14% |
| Total Change | CN¥- | 6.21% |
Book Value vs Market Value Analysis
This analysis compares Qingdao Huicheng Environmental 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: 8.61x
- 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 decreased from 24.33x to 8.61x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | CN¥2.50 | CN¥60.80 | x |
| 2015-12-31 | CN¥2.57 | CN¥60.80 | x |
| 2016-12-31 | CN¥3.18 | CN¥60.80 | x |
| 2017-12-31 | CN¥3.67 | CN¥60.80 | x |
| 2018-12-31 | CN¥4.37 | CN¥60.80 | x |
| 2019-12-31 | CN¥6.49 | CN¥60.80 | x |
| 2020-12-31 | CN¥6.66 | CN¥60.80 | x |
| 2021-12-31 | CN¥7.27 | CN¥60.80 | x |
| 2022-12-31 | CN¥7.44 | CN¥60.80 | x |
| 2023-12-31 | CN¥7.62 | CN¥60.80 | x |
| 2024-12-31 | CN¥7.24 | CN¥60.80 | x |
| 2025-12-31 | CN¥7.07 | CN¥60.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Qingdao Huicheng Environmental 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): 4.12%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.15%
- • Asset Turnover: 0.18x
- • Equity Multiplier: 4.34x
- Recent ROE (4.12%) is below the historical average (6.97%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -0.67% | -0.73% | 0.53x | 1.72x | CN¥-21.21 Million |
| 2015 | 2.73% | 3.35% | 0.45x | 1.79x | CN¥-14.87 Million |
| 2016 | 13.53% | 16.44% | 0.42x | 1.97x | CN¥8.34 Million |
| 2017 | 18.23% | 18.83% | 0.53x | 1.82x | CN¥22.67 Million |
| 2018 | 19.44% | 18.54% | 0.53x | 1.99x | CN¥30.96 Million |
| 2019 | 6.60% | 12.47% | 0.37x | 1.42x | CN¥-22.03 Million |
| 2020 | 4.06% | 8.34% | 0.34x | 1.45x | CN¥-39.58 Million |
| 2021 | 1.62% | 4.13% | 0.18x | 2.22x | CN¥-60.97 Million |
| 2022 | 0.32% | 0.68% | 0.14x | 3.36x | CN¥-73.74 Million |
| 2023 | 10.50% | 12.94% | 0.33x | 2.49x | CN¥6.56 Million |
| 2024 | 3.19% | 3.71% | 0.23x | 3.70x | CN¥-91.05 Million |
| 2025 | 4.12% | 5.15% | 0.18x | 4.34x | CN¥-83.48 Million |
Industry Comparison
This section compares Qingdao Huicheng Environmental Co Ltd's net assets metrics with peer companies in the Waste Management industry.
Industry Context
- Industry: Waste Management
- Average net assets among peers: $4,054,722,643
- Average return on equity (ROE) among peers: 10.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Qingdao Huicheng Environmental Co Ltd (300779) | CN¥2.48 Billion | -0.67% | 1.94x | $2.65 Billion |
| China Tianying Inc (000035) | $-1.20 Billion | 0.00% | 0.00x | $1.79 Billion |
| BECE Legend Group Co Ltd (000803) | $1.32 Billion | 6.11% | 1.09x | $487.19 Million |
| Tus-Sound Environmental Resources Co Ltd (000826) | $287.34 Million | 9.00% | 0.41x | $454.69 Million |
| Wangneng Environment Co Ltd (002034) | $424.84 Million | 9.00% | 0.73x | $1.28 Billion |
| Beijing Orient Landscape Co Ltd (002310) | $124.67 Million | 30.75% | 1.13x | $2.19 Billion |
| GEM Co Ltd (002340) | $10.22 Billion | 7.14% | 1.44x | $5.70 Billion |
| Dongjiang Environmental Co Ltd (002672) | $5.37 Billion | 5.64% | 0.94x | $515.22 Million |
| Qiaoyin Environmental Tech Co Ltd (002973) | $462.58 Million | 21.52% | 0.41x | $743.32 Million |
| Tongxing Environmental Protection (003027) | $1.69 Billion | 9.63% | 0.34x | $383.34 Million |
| Beijing Originwater Technology (300070) | $21.85 Billion | 5.70% | 1.59x | $1.83 Billion |
About Qingdao Huicheng Environmental Co Ltd
Qingdao Huicheng Environmental Technology Group Co., Ltd. engages in the production and supply of FCC catalyst and additives in China. The company provides various formulations of FCC catalyst under the Essence, Enhance, Excel, Endure, Evoke, Agile, Attain, Extend, and Erudite names; and Y and NaX zeolite, specialty alumina, and aluminosilicates for various applications. It also offers FCC additi… Read more