Beijing Capital Co Ltd (600008) - Net Assets
Based on the latest financial reports, Beijing Capital Co Ltd (600008) has net assets worth CN¥40.15 Billion CNY (≈ $5.87 Billion 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¥109.18 Billion ≈ $15.98 Billion USD) and total liabilities (CN¥69.03 Billion ≈ $10.10 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 600008 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥40.15 Billion |
| % of Total Assets | 36.77% |
| Annual Growth Rate | 14.26% |
| 5-Year Change | 3.46% |
| 10-Year Change | 190.48% |
| Growth Volatility | 45.49 |
Beijing Capital Co Ltd - Net Assets Trend (1997–2025)
This chart illustrates how Beijing Capital Co Ltd's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Beijing Capital Co Ltd to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Beijing Capital Co Ltd (1997–2025)
The table below shows the annual net assets of Beijing Capital Co Ltd from 1997 to 2025. For live valuation and market cap data, see 600008 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥39.55 Billion ≈ $5.79 Billion |
+0.98% |
| 2024-12-31 | CN¥39.16 Billion ≈ $5.73 Billion |
+2.06% |
| 2023-12-31 | CN¥38.37 Billion ≈ $5.62 Billion |
-0.32% |
| 2022-12-31 | CN¥38.50 Billion ≈ $5.63 Billion |
+0.71% |
| 2021-12-31 | CN¥38.23 Billion ≈ $5.59 Billion |
+8.00% |
| 2020-12-31 | CN¥35.39 Billion ≈ $5.18 Billion |
+25.45% |
| 2019-12-31 | CN¥28.21 Billion ≈ $4.13 Billion |
+18.64% |
| 2018-12-31 | CN¥23.78 Billion ≈ $3.48 Billion |
+38.80% |
| 2017-12-31 | CN¥17.13 Billion ≈ $2.51 Billion |
+25.85% |
| 2016-12-31 | CN¥13.61 Billion ≈ $1.99 Billion |
+15.38% |
| 2015-12-31 | CN¥11.80 Billion ≈ $1.73 Billion |
+51.26% |
| 2014-12-31 | CN¥7.80 Billion ≈ $1.14 Billion |
-20.72% |
| 2013-12-31 | CN¥9.84 Billion ≈ $1.44 Billion |
+10.40% |
| 2012-12-31 | CN¥8.91 Billion ≈ $1.30 Billion |
+6.67% |
| 2011-12-31 | CN¥8.36 Billion ≈ $1.22 Billion |
+5.55% |
| 2010-12-31 | CN¥7.92 Billion ≈ $1.16 Billion |
+5.74% |
| 2009-12-31 | CN¥7.49 Billion ≈ $1.10 Billion |
+3.95% |
| 2008-12-31 | CN¥7.20 Billion ≈ $1.05 Billion |
-0.13% |
| 2007-12-31 | CN¥7.21 Billion ≈ $1.06 Billion |
+2.14% |
| 2006-12-31 | CN¥7.06 Billion ≈ $1.03 Billion |
+47.99% |
| 2005-12-31 | CN¥4.77 Billion ≈ $698.14 Million |
+8.82% |
| 2004-12-31 | CN¥4.38 Billion ≈ $641.53 Million |
-3.01% |
| 2003-12-31 | CN¥4.52 Billion ≈ $661.47 Million |
+11.36% |
| 2002-12-31 | CN¥4.06 Billion ≈ $594.01 Million |
+3.03% |
| 2001-12-31 | CN¥3.94 Billion ≈ $576.53 Million |
+1.96% |
| 2000-12-31 | CN¥3.86 Billion ≈ $565.46 Million |
+241.56% |
| 1999-12-31 | CN¥1.13 Billion ≈ $165.55 Million |
+19.36% |
| 1998-12-31 | CN¥947.85 Million ≈ $138.70 Million |
+0.25% |
| 1997-12-31 | CN¥945.52 Million ≈ $138.36 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Beijing Capital 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 794523480886.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥7.94 Billion | 25.84% |
| Other Components | CN¥22.79 Billion | 74.16% |
| Total Equity | CN¥30.74 Billion | 100.00% |
Beijing Capital Co Ltd Competitors by Market Cap
The table below lists competitors of Beijing Capital Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Norte Grande
SN:NORTEGRAN
|
$3.20 Billion |
|
Dolby Laboratories
NYSE:DLB
|
$3.20 Billion |
|
YETI Holdings Inc
NYSE:YETI
|
$3.21 Billion |
|
CSSC Offshore & Marine Engineering Group Co Ltd
SHG:600685
|
$3.21 Billion |
|
Polaris Industries Inc
NYSE:PII
|
$3.20 Billion |
|
Cellebrite DI
NASDAQ:CLBT
|
$3.20 Billion |
|
Dana Inc
NYSE:DAN
|
$3.20 Billion |
|
Ero Copper Corp
TO:ERO
|
$3.19 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Beijing Capital Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 30,784,081,000 to 30,739,137,702, a change of -44,943,298 (-0.1%).
- Net income of 1,771,876,566 contributed positively to equity growth.
- Dividend payments of 3,052,761,429 reduced retained earnings.
- Other factors increased equity by 1,235,941,565.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥1.77 Billion | +5.76% |
| Dividends Paid | CN¥3.05 Billion | -9.93% |
| Other Changes | CN¥1.24 Billion | +4.02% |
| Total Change | CN¥- | -0.15% |
Book Value vs Market Value Analysis
This analysis compares Beijing Capital 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: 0.71x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 13.87x to 0.71x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | CN¥0.21 | CN¥2.98 | x |
| 1998-12-31 | CN¥0.22 | CN¥2.98 | x |
| 1999-12-31 | CN¥0.26 | CN¥2.98 | x |
| 2000-12-31 | CN¥0.88 | CN¥2.98 | x |
| 2001-12-31 | CN¥0.90 | CN¥2.98 | x |
| 2002-12-31 | CN¥0.91 | CN¥2.98 | x |
| 2003-12-31 | CN¥1.01 | CN¥2.98 | x |
| 2004-12-31 | CN¥0.97 | CN¥2.98 | x |
| 2005-12-31 | CN¥1.04 | CN¥2.98 | x |
| 2006-12-31 | CN¥1.05 | CN¥2.98 | x |
| 2007-12-31 | CN¥1.03 | CN¥2.98 | x |
| 2008-12-31 | CN¥1.00 | CN¥2.98 | x |
| 2009-12-31 | CN¥1.04 | CN¥2.98 | x |
| 2010-12-31 | CN¥1.09 | CN¥2.98 | x |
| 2011-12-31 | CN¥1.15 | CN¥2.98 | x |
| 2012-12-31 | CN¥1.21 | CN¥2.98 | x |
| 2013-12-31 | CN¥1.30 | CN¥2.98 | x |
| 2014-12-31 | CN¥1.33 | CN¥2.98 | x |
| 2015-12-31 | CN¥1.66 | CN¥2.98 | x |
| 2016-12-31 | CN¥1.89 | CN¥2.98 | x |
| 2017-12-31 | CN¥2.43 | CN¥2.98 | x |
| 2018-12-31 | CN¥3.31 | CN¥2.98 | x |
| 2019-12-31 | CN¥3.51 | CN¥2.98 | x |
| 2020-12-31 | CN¥4.25 | CN¥2.98 | x |
| 2021-12-31 | CN¥3.73 | CN¥2.98 | x |
| 2022-12-31 | CN¥3.72 | CN¥2.98 | x |
| 2023-12-31 | CN¥3.96 | CN¥2.98 | x |
| 2024-12-31 | CN¥4.19 | CN¥2.98 | x |
| 2025-12-31 | CN¥4.19 | CN¥2.98 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Beijing Capital 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): 5.76%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.38%
- • Asset Turnover: 0.17x
- • Equity Multiplier: 3.55x
- Recent ROE (5.76%) is below the historical average (10.31%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 3.42% | 19.40% | 0.12x | 1.51x | CN¥-62.23 Million |
| 1998 | 42.22% | 233.42% | 0.12x | 1.50x | CN¥305.35 Million |
| 1999 | 34.62% | 242.44% | 0.10x | 1.50x | CN¥278.49 Million |
| 2000 | 10.83% | 251.70% | 0.03x | 1.30x | CN¥32.20 Million |
| 2001 | 12.23% | 271.18% | 0.03x | 1.30x | CN¥88.03 Million |
| 2002 | 11.48% | 226.64% | 0.03x | 1.49x | CN¥59.37 Million |
| 2003 | 1.51% | 28.57% | 0.05x | 1.16x | CN¥-377.34 Million |
| 2004 | 11.55% | 156.82% | 0.04x | 1.69x | CN¥65.79 Million |
| 2005 | 10.47% | 102.26% | 0.06x | 1.82x | CN¥21.81 Million |
| 2006 | 9.76% | 37.56% | 0.11x | 2.39x | CN¥-11.04 Million |
| 2007 | 10.61% | 36.38% | 0.12x | 2.37x | CN¥29.41 Million |
| 2008 | 5.56% | 15.04% | 0.13x | 2.75x | CN¥-208.25 Million |
| 2009 | 9.13% | 17.25% | 0.18x | 2.95x | CN¥-42.59 Million |
| 2010 | 9.41% | 16.13% | 0.18x | 3.28x | CN¥-30.38 Million |
| 2011 | 9.70% | 14.78% | 0.19x | 3.53x | CN¥-16.20 Million |
| 2012 | 10.19% | 17.18% | 0.15x | 3.85x | CN¥10.98 Million |
| 2013 | 9.87% | 14.21% | 0.17x | 3.99x | CN¥-8.05 Million |
| 2014 | 11.74% | 11.04% | 0.26x | 4.03x | CN¥108.61 Million |
| 2015 | 6.28% | 7.59% | 0.20x | 4.23x | CN¥-317.33 Million |
| 2016 | 6.27% | 7.72% | 0.20x | 4.07x | CN¥-362.91 Million |
| 2017 | 4.90% | 6.59% | 0.18x | 4.09x | CN¥-635.90 Million |
| 2018 | 4.10% | 5.78% | 0.18x | 3.93x | CN¥-1.04 Billion |
| 2019 | 4.49% | 6.43% | 0.19x | 3.75x | CN¥-1.17 Billion |
| 2020 | 5.67% | 7.65% | 0.19x | 3.88x | CN¥-1.12 Billion |
| 2021 | 8.55% | 10.26% | 0.21x | 3.91x | CN¥-398.03 Million |
| 2022 | 11.55% | 14.24% | 0.21x | 3.84x | CN¥422.86 Million |
| 2023 | 5.53% | 7.55% | 0.20x | 3.76x | CN¥-1.30 Billion |
| 2024 | 11.46% | 17.60% | 0.18x | 3.61x | CN¥449.65 Million |
| 2025 | 5.76% | 9.38% | 0.17x | 3.55x | CN¥-1.30 Billion |
Industry Comparison
This section compares Beijing Capital Co Ltd's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $1,836,651,313
- Average return on equity (ROE) among peers: 1.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Beijing Capital Co Ltd (600008) | CN¥40.15 Billion | 3.42% | 1.72x | $3.20 Billion |
| China Baoan Group Co Ltd (000009) | $1.71 Billion | 4.19% | 1.86x | $2.58 Billion |
| Yunding Technology Co Ltd (000409) | $570.49 Million | 12.95% | 0.75x | $861.84 Million |
| Create Technology & Science Co Ltd (000551) | $2.78 Billion | 7.06% | 0.96x | $1.11 Billion |
| Sundiro Holding Co Ltd (000571) | $1.66 Billion | 7.68% | 0.23x | $650.79 Million |
| Guangdong Ganhua Science & Industry Co Ltd (000576) | $1.79 Billion | 6.66% | 0.12x | $453.42 Million |
| Macrolink Real Estate Co Ltd (000620) | $2.89 Million | 16.45% | 0.65x | $2.54 Billion |
| Tianjin Economic-technological Development Area Co Ltd (000652) | $6.61 Billion | 2.77% | 5.23x | $755.73 Million |
| CHTC Helon Co Ltd (000677) | $1.11 Billion | 3.96% | 0.48x | $217.45 Million |
| Gansu Yatai Industrial Development Co Ltd (000691) | $195.11 Million | -53.45% | 2.23x | $867.80 Million |
| Hunan Fazhan Industrial Co Ltd (000722) | $1.94 Billion | 4.27% | 0.01x | $1.20 Billion |
About Beijing Capital Co Ltd
Beijing Capital Eco-Environment Protection Group Co., Ltd. engages in the environmental protection business in China and internationally. The company provides urban and rural water supply, sewage treatment and reclaimed water, integrated water supply and drainage, pipe network construction, and operation and maintenance, sludge treatment, and disposal and other urban water integration solutions; … Read more