Hubei Chutian Expressway Co Ltd (600035) - Net Assets

Latest as of September 2025: CN¥10.63 Billion CNY ≈ $1.56 Billion USD

Based on the latest financial reports, Hubei Chutian Expressway Co Ltd (600035) has net assets worth CN¥10.63 Billion CNY (≈ $1.56 Billion 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¥21.89 Billion ≈ $3.20 Billion USD) and total liabilities (CN¥11.26 Billion ≈ $1.65 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 Hubei Chutian Expressway Co Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore 600035 total asset value for the complete picture of this company's asset base.

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. For live valuation and market cap data, see 600035 company net worth.

Year	Net Assets	Change
2024-12-31	CN¥10.13 Billion ≈ $1.48 Billion	+6.26%
2023-12-31	CN¥9.53 Billion ≈ $1.39 Billion	+12.92%
2022-12-31	CN¥8.44 Billion ≈ $1.24 Billion	+6.52%
2021-12-31	CN¥7.92 Billion ≈ $1.16 Billion	+9.29%
2020-12-31	CN¥7.25 Billion ≈ $1.06 Billion	+10.56%
2019-12-31	CN¥6.56 Billion ≈ $959.64 Million	+5.22%
2018-12-31	CN¥6.23 Billion ≈ $912.02 Million	+3.41%
2017-12-31	CN¥6.03 Billion ≈ $881.90 Million	+38.71%
2016-12-31	CN¥4.34 Billion ≈ $635.80 Million	+6.26%
2015-12-31	CN¥4.09 Billion ≈ $598.32 Million	+9.11%
2014-12-31	CN¥3.75 Billion ≈ $548.35 Million	-4.96%
2013-12-31	CN¥3.94 Billion ≈ $576.96 Million	+5.07%
2012-12-31	CN¥3.75 Billion ≈ $549.13 Million	+5.20%
2011-12-31	CN¥3.57 Billion ≈ $522.01 Million	+12.34%
2010-12-31	CN¥3.18 Billion ≈ $464.68 Million	+19.14%
2009-12-31	CN¥2.67 Billion ≈ $390.03 Million	+7.16%
2008-12-31	CN¥2.49 Billion ≈ $363.97 Million	+6.54%
2007-12-31	CN¥2.33 Billion ≈ $341.63 Million	+7.27%
2006-12-31	CN¥2.18 Billion ≈ $318.47 Million	+1.89%
2005-12-31	CN¥2.14 Billion ≈ $312.57 Million	+1.48%
2004-12-31	CN¥2.10 Billion ≈ $308.01 Million	+77.76%
2003-12-31	CN¥1.18 Billion ≈ $173.27 Million	+10.99%
2002-12-31	CN¥1.07 Billion ≈ $156.11 Million	+0.52%
2001-12-31	CN¥1.06 Billion ≈ $155.30 Million	--

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
AIC Inc TWO:3693	$904.77 Million
Zhejiang Zhaofeng Mechanical and Electronic Co Ltd SHE:300695	$904.84 Million
Lingyuan Iron & Steel Co Ltd SHG:600231	$904.87 Million
Wenzhou Hongfeng Electrical Alloy Co Ltd SHE:300283	$905.41 Million
Plazza AG SW:PLAN	$904.59 Million
Beijing Utour International Travel Service Co Ltd SHE:002707	$904.52 Million
ASGN Inc NYSE:ASGN	$904.39 Million
Shenzhen Fuanna Bedding and Furnishing Co Ltd SHE:002327	$904.02 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: 0.72x
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 5.26x to 0.72x 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¥3.84	x
2002-12-31	CN¥0.73	CN¥3.84	x
2003-12-31	CN¥0.81	CN¥3.84	x
2004-12-31	CN¥1.45	CN¥3.84	x
2005-12-31	CN¥1.47	CN¥3.84	x
2006-12-31	CN¥1.50	CN¥3.84	x
2007-12-31	CN¥1.62	CN¥3.84	x
2008-12-31	CN¥1.69	CN¥3.84	x
2009-12-31	CN¥1.83	CN¥3.84	x
2010-12-31	CN¥2.06	CN¥3.84	x
2011-12-31	CN¥2.23	CN¥3.84	x
2012-12-31	CN¥2.30	CN¥3.84	x
2013-12-31	CN¥2.41	CN¥3.84	x
2014-12-31	CN¥2.62	CN¥3.84	x
2015-12-31	CN¥2.84	CN¥3.84	x
2016-12-31	CN¥2.99	CN¥3.84	x
2017-12-31	CN¥3.55	CN¥3.84	x
2018-12-31	CN¥3.64	CN¥3.84	x
2019-12-31	CN¥3.80	CN¥3.84	x
2020-12-31	CN¥3.95	CN¥3.84	x
2021-12-31	CN¥4.35	CN¥3.84	x
2022-12-31	CN¥4.65	CN¥3.84	x
2023-12-31	CN¥5.13	CN¥3.84	x
2024-12-31	CN¥5.36	CN¥3.84	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: $7,070,981,300
Average return on equity (ROE) among peers: 8.50%

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	$904.74 Million
Guangdong Provincial Expressway Development Co Ltd (000429)	$3.37 Billion	3.94%	0.12x	$3.21 Billion
Shanxi Sanwei Group Co Ltd (000755)	$160.96 Million	16.73%	1.44x	$1.08 Billion
Dongguan Development Holdings Co Ltd (000828)	$2.54 Billion	8.82%	0.40x	$1.58 Billion
City Development Environment Co Ltd (000885)	$2.90 Billion	16.27%	1.18x	$1.33 Billion
Xiandai Investment Co Ltd (000900)	$7.06 Billion	8.02%	1.65x	$937.29 Million
Merchant Express Class A (001965)	$46.36 Billion	7.27%	0.41x	$9.35 Billion
Shandong Sunway Petrochemical Engineering Co Ltd (002469)	$1.27 Billion	0.93%	0.20x	$682.68 Million
Xinjiang Communications Construction Group Co Ltd Class A (002941)	$188.53 Million	9.86%	6.32x	$1.48 Billion
Guangdong Provincial Expressway Development Co Ltd (200429)	$4.25 Billion	7.65%	0.60x	$402.45 Million
Anhui Expressway Co Ltd (600012)	$2.61 Billion	5.54%	0.17x	$2.67 Billion

About Hubei Chutian Expressway Co Ltd

SHG:600035 China Infrastructure Operations

Market Cap

$904.74 Million

CN¥6.18 Billion CNY

Market Cap Rank

#9558 Global

#2659 in China

Share Price

CN¥3.84

Change (1 day)

+0.52%

52-Week Range

CN¥3.72 - CN¥4.58

All Time High

CN¥5.22