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¥1.56 Billion CNY (≈ $227.92 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥6.02 Billion ≈ $880.22 Million USD) and total liabilities (CN¥4.46 Billion ≈ $652.30 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) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.56 Billion |
| % of Total Assets | 25.89% |
| Annual Growth Rate | 22.89% |
| 5-Year Change | 134.51% |
| 10-Year Change | 664.22% |
| Growth Volatility | 31.92 |
Qingdao Huicheng Environmental Co Ltd - Net Assets Trend (2014–2024)
This chart illustrates how Qingdao Huicheng Environmental Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Qingdao Huicheng Environmental Co Ltd total assets for the complete picture of this company's asset base.
Annual Net Assets for Qingdao Huicheng Environmental Co Ltd (2014–2024)
The table below shows the annual net assets of Qingdao Huicheng Environmental Co Ltd from 2014 to 2024. For live valuation and market cap data, see 300779 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 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 907.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥297.70 Million | 22.27% |
| Common Stock | CN¥196.04 Million | 14.67% |
| Other Comprehensive Income | CN¥73.59 Million | 5.51% |
| Other Components | CN¥769.15 Million | 57.55% |
| Total Equity | CN¥1.34 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 |
|---|---|
|
Arion banki hf
IC:ARION
|
$2.16 Billion |
|
Forvia SE
PA:FRVIA
|
$2.16 Billion |
|
Shanghai Hanbell Precise Machinery Co Ltd
SHE:002158
|
$2.16 Billion |
|
Affle (India) Limited
NSE:AFFLE
|
$2.16 Billion |
|
AQ Group AB
ST:AQ
|
$2.16 Billion |
|
Embotelladora Andina S.A
F:AKOB
|
$2.16 Billion |
|
EIH Limited
NSE:EIHOTEL
|
$2.16 Billion |
|
Park Hotels & Resorts Inc
NYSE:PK
|
$2.16 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 2023 to 2024, total equity changed from 1,319,482,914 to 1,336,491,021, a change of 17,008,107 (1.3%).
- Net income of 42,599,720 contributed positively to equity growth.
- Dividend payments of 20,784,441 reduced retained earnings.
- Share repurchases of 45,527,138 reduced equity.
- Other comprehensive income increased equity by 73,594,248.
- Other factors decreased equity by 32,874,282.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥42.60 Million | +3.19% |
| Dividends Paid | CN¥20.78 Million | -1.56% |
| Share Repurchases | CN¥45.53 Million | -3.41% |
| Other Comprehensive Income | CN¥73.59 Million | +5.51% |
| Other Changes | CN¥-32.87 Million | -2.46% |
| Total Change | CN¥- | 1.29% |
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: 9.64x
- 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 27.94x to 9.64x 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¥69.82 | x |
| 2015-12-31 | CN¥2.57 | CN¥69.82 | x |
| 2016-12-31 | CN¥3.18 | CN¥69.82 | x |
| 2017-12-31 | CN¥3.67 | CN¥69.82 | x |
| 2018-12-31 | CN¥4.37 | CN¥69.82 | x |
| 2019-12-31 | CN¥6.49 | CN¥69.82 | x |
| 2020-12-31 | CN¥6.66 | CN¥69.82 | x |
| 2021-12-31 | CN¥7.27 | CN¥69.82 | x |
| 2022-12-31 | CN¥7.44 | CN¥69.82 | x |
| 2023-12-31 | CN¥7.62 | CN¥69.82 | x |
| 2024-12-31 | CN¥7.24 | CN¥69.82 | 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): 3.19%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.71%
- • Asset Turnover: 0.23x
- • Equity Multiplier: 3.70x
- Recent ROE (3.19%) is below the historical average (7.23%), 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 |
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: $3,067,859,741
- Average return on equity (ROE) among peers: 8.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Qingdao Huicheng Environmental Co Ltd (300779) | CN¥1.56 Billion | -0.67% | 2.86x | $2.16 Billion |
| China Tianying Inc (000035) | $2.06 Billion | 10.27% | 1.91x | $2.28 Billion |
| HeiLongJiang Kingland Technology Co Ltd (000711) | $325.53 Million | -9.31% | 0.66x | $2.06 Billion |
| BECE Legend Group Co Ltd (000803) | $152.97 Million | 2.06% | 0.80x | $599.78 Million |
| Tus-Sound Environmental Resources Co Ltd (000826) | $130.73 Million | 28.96% | 1.01x | $408.81 Million |
| Wangneng Environment Co Ltd (002034) | $424.84 Million | 9.00% | 0.73x | $1.11 Billion |
| Beijing Orient Landscape Co Ltd (002310) | $12.65 Billion | 0.13% | 2.35x | $2.69 Billion |
| GEM Co Ltd (002340) | $10.22 Billion | 7.14% | 1.44x | $6.83 Billion |
| Dongjiang Environmental Co Ltd (002672) | $2.45 Billion | 8.50% | 0.33x | $585.42 Million |
| Qiaoyin Environmental Tech Co Ltd (002973) | $462.58 Million | 21.52% | 0.41x | $752.89 Million |
| Tongxing Environmental Protection (003027) | $1.79 Billion | 6.69% | 0.51x | $453.74 Million |
About Qingdao Huicheng Environmental Co Ltd
Qingdao Huicheng Environmental Technology Group Co., Ltd. produces and supplies FCC catalyst and additives in China. It 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. The company also offers FCC additives, such as HCSP,… Read more