Hubei Chutian Expressway Co Ltd
Hubei Chutian Smart Communication Co.,Ltd. engages in the investment, construction, charging, maintenance and service management of roads, bridges, and other transportation infrastructure in China. It is also involved in the advertising media; technical research and development; construction; investment, development, and operation of energy; and operation and service of intelligent transportation… Read more
Hubei Chutian Expressway Co Ltd (600035) - Net Assets
Latest net assets as of September 2025: CN¥10.63 Billion CNY
Based on the latest financial reports, Hubei Chutian Expressway Co Ltd (600035) has net assets worth CN¥10.63 Billion CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥21.89 Billion) and total liabilities (CN¥11.26 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¥10.63 Billion |
| % of Total Assets | 48.55% |
| Annual Growth Rate | 10.31% |
| 5-Year Change | 39.7% |
| 10-Year Change | 147.73% |
| Growth Volatility | 16.3 |
Hubei Chutian Expressway Co Ltd - Net Assets Trend (2001–2024)
This chart illustrates how Hubei Chutian Expressway Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Hubei Chutian Expressway Co Ltd (2001–2024)
The table below shows the annual net assets of Hubei Chutian Expressway Co Ltd from 2001 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥10.13 Billion | +6.26% |
| 2023-12-31 | CN¥9.53 Billion | +12.92% |
| 2022-12-31 | CN¥8.44 Billion | +6.52% |
| 2021-12-31 | CN¥7.92 Billion | +9.29% |
| 2020-12-31 | CN¥7.25 Billion | +10.56% |
| 2019-12-31 | CN¥6.56 Billion | +5.22% |
| 2018-12-31 | CN¥6.23 Billion | +3.41% |
| 2017-12-31 | CN¥6.03 Billion | +38.71% |
| 2016-12-31 | CN¥4.34 Billion | +6.26% |
| 2015-12-31 | CN¥4.09 Billion | +9.11% |
| 2014-12-31 | CN¥3.75 Billion | -4.96% |
| 2013-12-31 | CN¥3.94 Billion | +5.07% |
| 2012-12-31 | CN¥3.75 Billion | +5.20% |
| 2011-12-31 | CN¥3.57 Billion | +12.34% |
| 2010-12-31 | CN¥3.18 Billion | +19.14% |
| 2009-12-31 | CN¥2.67 Billion | +7.16% |
| 2008-12-31 | CN¥2.49 Billion | +6.54% |
| 2007-12-31 | CN¥2.33 Billion | +7.27% |
| 2006-12-31 | CN¥2.18 Billion | +1.89% |
| 2005-12-31 | CN¥2.14 Billion | +1.48% |
| 2004-12-31 | CN¥2.10 Billion | +77.76% |
| 2003-12-31 | CN¥1.18 Billion | +10.99% |
| 2002-12-31 | CN¥1.07 Billion | +0.52% |
| 2001-12-31 | CN¥1.06 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hubei Chutian Expressway 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 12133.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥4.26 Billion | 49.33% |
| Common Stock | CN¥1.61 Billion | 18.66% |
| Other Components | CN¥2.76 Billion | 32.02% |
| Total Equity | CN¥8.63 Billion | 100.00% |
Hubei Chutian Expressway Co Ltd Competitors by Market Cap
The table below lists competitors of Hubei Chutian Expressway Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jiangsu Transimage Technology Co Ltd
SHE:002866
|
$389.57 Million |
|
Stark Technology Inc
TW:2480
|
$389.58 Million |
|
Pierre et Vacances SA
PA:VAC
|
$389.62 Million |
|
Tianjin Jinbin Development
SHE:000897
|
$389.72 Million |
|
SIMPAR S.A
SA:SIMH3
|
$389.49 Million |
|
Beijing Deep Glint Technology Co. Ltd. A
SHG:688207
|
$389.49 Million |
|
Inox Wind Limited
NSE:INOXWIND
|
$389.47 Million |
|
Asseco South Eastern Europe S.A.
WAR:ASE
|
$389.34 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hubei Chutian Expressway Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 8,191,286,000 to 8,630,904,000, a change of 439,618,000 (5.4%).
- Net income of 767,634,000 contributed positively to equity growth.
- Dividend payments of 556,104,000 reduced retained earnings.
- Other factors increased equity by 228,088,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥767.63 Million | +8.89% |
| Dividends Paid | CN¥556.10 Million | -6.44% |
| Other Changes | CN¥228.09 Million | +2.64% |
| Total Change | CN¥- | 5.37% |
Book Value vs Market Value Analysis
This analysis compares Hubei Chutian Expressway 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: 0.75x
- 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 5.51x to 0.75x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | CN¥0.73 | CN¥4.02 | x |
| 2002-12-31 | CN¥0.73 | CN¥4.02 | x |
| 2003-12-31 | CN¥0.81 | CN¥4.02 | x |
| 2004-12-31 | CN¥1.45 | CN¥4.02 | x |
| 2005-12-31 | CN¥1.47 | CN¥4.02 | x |
| 2006-12-31 | CN¥1.50 | CN¥4.02 | x |
| 2007-12-31 | CN¥1.62 | CN¥4.02 | x |
| 2008-12-31 | CN¥1.69 | CN¥4.02 | x |
| 2009-12-31 | CN¥1.83 | CN¥4.02 | x |
| 2010-12-31 | CN¥2.06 | CN¥4.02 | x |
| 2011-12-31 | CN¥2.23 | CN¥4.02 | x |
| 2012-12-31 | CN¥2.30 | CN¥4.02 | x |
| 2013-12-31 | CN¥2.41 | CN¥4.02 | x |
| 2014-12-31 | CN¥2.62 | CN¥4.02 | x |
| 2015-12-31 | CN¥2.84 | CN¥4.02 | x |
| 2016-12-31 | CN¥2.99 | CN¥4.02 | x |
| 2017-12-31 | CN¥3.55 | CN¥4.02 | x |
| 2018-12-31 | CN¥3.64 | CN¥4.02 | x |
| 2019-12-31 | CN¥3.80 | CN¥4.02 | x |
| 2020-12-31 | CN¥3.95 | CN¥4.02 | x |
| 2021-12-31 | CN¥4.35 | CN¥4.02 | x |
| 2022-12-31 | CN¥4.65 | CN¥4.02 | x |
| 2023-12-31 | CN¥5.13 | CN¥4.02 | x |
| 2024-12-31 | CN¥5.36 | CN¥4.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hubei Chutian Expressway 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): 8.89%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.50%
- • Asset Turnover: 0.21x
- • Equity Multiplier: 2.39x
- Recent ROE (8.89%) is below the historical average (9.10%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 7.85% | 37.28% | 0.17x | 1.22x | CN¥-22.78 Million |
| 2002 | 9.05% | 38.04% | 0.18x | 1.30x | CN¥-10.10 Million |
| 2003 | 9.90% | 39.63% | 0.21x | 1.20x | CN¥-1.16 Million |
| 2004 | 5.50% | 29.69% | 0.17x | 1.09x | CN¥-94.77 Million |
| 2005 | 4.27% | 17.73% | 0.16x | 1.46x | CN¥-122.33 Million |
| 2006 | 11.90% | 41.70% | 0.20x | 1.42x | CN¥41.39 Million |
| 2007 | 11.48% | 36.91% | 0.25x | 1.26x | CN¥34.52 Million |
| 2008 | 12.13% | 42.08% | 0.24x | 1.20x | CN¥53.01 Million |
| 2009 | 11.22% | 38.77% | 0.21x | 1.40x | CN¥32.59 Million |
| 2010 | 13.37% | 41.36% | 0.16x | 2.01x | CN¥100.81 Million |
| 2011 | 9.20% | 31.11% | 0.10x | 2.97x | CN¥-25.61 Million |
| 2012 | 5.86% | 20.47% | 0.08x | 3.54x | CN¥-137.87 Million |
| 2013 | 7.25% | 25.26% | 0.08x | 3.72x | CN¥-96.90 Million |
| 2014 | 7.63% | 25.11% | 0.13x | 2.42x | CN¥-88.38 Million |
| 2015 | 10.56% | 34.91% | 0.14x | 2.19x | CN¥22.93 Million |
| 2016 | 9.02% | 30.68% | 0.14x | 2.05x | CN¥-42.23 Million |
| 2017 | 9.58% | 21.41% | 0.25x | 1.77x | CN¥-25.55 Million |
| 2018 | 7.14% | 14.47% | 0.28x | 1.75x | CN¥-177.80 Million |
| 2019 | 9.73% | 22.19% | 0.21x | 2.04x | CN¥-17.65 Million |
| 2020 | 5.10% | 13.05% | 0.16x | 2.49x | CN¥-311.58 Million |
| 2021 | 10.58% | 22.68% | 0.19x | 2.51x | CN¥40.42 Million |
| 2022 | 9.65% | 24.77% | 0.16x | 2.41x | CN¥-26.40 Million |
| 2023 | 11.50% | 29.48% | 0.16x | 2.39x | CN¥123.12 Million |
| 2024 | 8.89% | 17.50% | 0.21x | 2.39x | CN¥-95.46 Million |
Industry Comparison
This section compares Hubei Chutian Expressway Co Ltd's net assets metrics with peer companies in the Infrastructure Operations industry.
Industry Context
- Industry: Infrastructure Operations
- Average net assets among peers: $11,739,398,796
- Average return on equity (ROE) among peers: 1.09%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hubei Chutian Expressway Co Ltd (600035) | CN¥10.63 Billion | 7.85% | 1.06x | $389.55 Million |
| Shanxi Sanwei Group Co Ltd (000755) | $4.95 Billion | 9.26% | 1.57x | $239.87 Million |
| Dongguan Development Holdings Co Ltd (000828) | $2.67 Billion | 6.91% | 0.56x | $469.41 Million |
| City Development Environment Co Ltd (000885) | $103.40 Million | -76.39% | 3.38x | $431.18 Million |
| Xiandai Investment Co Ltd (000900) | $5.14 Billion | 16.00% | 0.56x | $475.65 Million |
| Merchant Express Class A (001965) | $63.32 Billion | 7.85% | 0.55x | $2.91 Billion |
| Shandong Sunway Petrochemical Engineering Co Ltd (002469) | $2.87 Billion | 9.16% | 0.26x | $626.47 Million |
| Xinjiang Communications Construction Group Co Ltd Class A (002941) | $2.50 Billion | 14.14% | 3.06x | $839.14 Million |
| Guangdong Provincial Expressway Development Co Ltd (200429) | $12.41 Billion | 13.17% | 0.72x | $1.13 Billion |
| Henan Zhongyuan Expressway Co Ltd (600020) | $11.21 Billion | 7.13% | 3.47x | $484.63 Million |
| Fujian Expressway Development Co Ltd (600033) | $12.23 Billion | 3.70% | 0.32x | $626.53 Million |