Chongqing Road & Bridge Co Ltd
Chongqing road & bridge co.,ltd operates as an infrastructure and real estate development and operation company in China. The company engages in the operation of urban roads and bridges. It is also involved in the construction of roads, bridges, and urban infrastructure projects; and real estate development and construction activities. The company was founded in 1997 and is based in Chongqing, Ch… Read more
Chongqing Road & Bridge Co Ltd (600106) - Net Assets
Latest net assets as of September 2025: CN¥5.18 Billion CNY
Based on the latest financial reports, Chongqing Road & Bridge Co Ltd (600106) has net assets worth CN¥5.18 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¥6.88 Billion) and total liabilities (CN¥1.70 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¥5.18 Billion |
| % of Total Assets | 75.25% |
| Annual Growth Rate | 14.2% |
| 5-Year Change | 31.85% |
| 10-Year Change | 55.05% |
| Growth Volatility | 43.8 |
Chongqing Road & Bridge Co Ltd - Net Assets Trend (1994–2024)
This chart illustrates how Chongqing Road & Bridge 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 Chongqing Road & Bridge Co Ltd (1994–2024)
The table below shows the annual net assets of Chongqing Road & Bridge Co Ltd from 1994 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥5.05 Billion | +8.06% |
| 2023-12-31 | CN¥4.67 Billion | +4.68% |
| 2022-12-31 | CN¥4.46 Billion | -2.12% |
| 2021-12-31 | CN¥4.56 Billion | +19.08% |
| 2020-12-31 | CN¥3.83 Billion | +2.18% |
| 2019-12-31 | CN¥3.75 Billion | +6.10% |
| 2018-12-31 | CN¥3.53 Billion | -1.31% |
| 2017-12-31 | CN¥3.58 Billion | +2.66% |
| 2016-12-31 | CN¥3.49 Billion | +7.07% |
| 2015-12-31 | CN¥3.26 Billion | +10.63% |
| 2014-12-31 | CN¥2.94 Billion | +29.84% |
| 2013-12-31 | CN¥2.27 Billion | +9.77% |
| 2012-12-31 | CN¥2.07 Billion | +9.51% |
| 2011-12-31 | CN¥1.89 Billion | +22.82% |
| 2010-12-31 | CN¥1.54 Billion | +6.93% |
| 2009-12-31 | CN¥1.44 Billion | +6.67% |
| 2008-12-31 | CN¥1.35 Billion | +5.19% |
| 2007-12-31 | CN¥1.28 Billion | +8.26% |
| 2006-12-31 | CN¥1.18 Billion | +5.06% |
| 2005-12-31 | CN¥1.13 Billion | +4.73% |
| 2004-12-31 | CN¥1.07 Billion | +3.27% |
| 2003-12-31 | CN¥1.04 Billion | +8.17% |
| 2002-12-31 | CN¥962.15 Million | +7.96% |
| 2001-12-31 | CN¥891.23 Million | +4.19% |
| 2000-12-31 | CN¥855.35 Million | +5.12% |
| 1999-12-31 | CN¥813.66 Million | +3.32% |
| 1998-12-31 | CN¥787.50 Million | +6.11% |
| 1997-12-31 | CN¥742.17 Million | +197.43% |
| 1996-12-31 | CN¥249.53 Million | +162.74% |
| 1995-12-31 | CN¥94.97 Million | +0.91% |
| 1994-12-31 | CN¥94.12 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Chongqing Road & Bridge 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 189323.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.12 Billion | 42.04% |
| Common Stock | CN¥1.33 Billion | 26.31% |
| Other Comprehensive Income | CN¥1.58 Billion | 31.25% |
| Other Components | CN¥20.03 Million | 0.40% |
| Total Equity | CN¥5.05 Billion | 100.00% |
Chongqing Road & Bridge Co Ltd Competitors by Market Cap
The table below lists competitors of Chongqing Road & Bridge Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BYTES TECH.GRP LS -01
F:9NY
|
$756.91 Million |
|
Winner Medical Co Ltd
SHE:300888
|
$757.23 Million |
|
Huaihe Energy Group Co Ltd
SHG:600575
|
$757.91 Million |
|
Actions Technology Co Ltd
SHG:688049
|
$758.09 Million |
|
Nanjing Develop Advanced Manufacturing Co Ltd
SHG:688377
|
$756.65 Million |
|
Collective Mining Ltd.
NYSE:CNL
|
$756.62 Million |
|
MoneyLion Inc
NYSE:ML
|
$755.68 Million |
|
CES Energy Solutions Corp
PINK:CESDF
|
$755.12 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Chongqing Road & Bridge Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,673,859,266 to 5,050,651,776, a change of 376,792,510 (8.1%).
- Net income of 157,451,145 contributed positively to equity growth.
- Dividend payments of 128,261,830 reduced retained earnings.
- Other comprehensive income increased equity by 842,797,107.
- Other factors decreased equity by 495,193,912.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥157.45 Million | +3.12% |
| Dividends Paid | CN¥128.26 Million | -2.54% |
| Other Comprehensive Income | CN¥842.80 Million | +16.69% |
| Other Changes | CN¥-495.19 Million | -9.8% |
| Total Change | CN¥- | 8.06% |
Book Value vs Market Value Analysis
This analysis compares Chongqing Road & Bridge 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: 1.57x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 76.70x to 1.57x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1994-12-31 | CN¥0.08 | CN¥5.97 | x |
| 1995-12-31 | CN¥0.08 | CN¥5.97 | x |
| 1996-12-31 | CN¥0.21 | CN¥5.97 | x |
| 1997-12-31 | CN¥0.61 | CN¥5.97 | x |
| 1998-12-31 | CN¥0.65 | CN¥5.97 | x |
| 1999-12-31 | CN¥0.67 | CN¥5.97 | x |
| 2000-12-31 | CN¥0.71 | CN¥5.97 | x |
| 2001-12-31 | CN¥0.74 | CN¥5.97 | x |
| 2002-12-31 | CN¥0.80 | CN¥5.97 | x |
| 2003-12-31 | CN¥0.86 | CN¥5.97 | x |
| 2004-12-31 | CN¥0.89 | CN¥5.97 | x |
| 2005-12-31 | CN¥0.93 | CN¥5.97 | x |
| 2006-12-31 | CN¥0.89 | CN¥5.97 | x |
| 2007-12-31 | CN¥0.96 | CN¥5.97 | x |
| 2008-12-31 | CN¥1.01 | CN¥5.97 | x |
| 2009-12-31 | CN¥1.08 | CN¥5.97 | x |
| 2010-12-31 | CN¥1.16 | CN¥5.97 | x |
| 2011-12-31 | CN¥1.42 | CN¥5.97 | x |
| 2012-12-31 | CN¥1.55 | CN¥5.97 | x |
| 2013-12-31 | CN¥1.71 | CN¥5.97 | x |
| 2014-12-31 | CN¥2.20 | CN¥5.97 | x |
| 2015-12-31 | CN¥2.47 | CN¥5.97 | x |
| 2016-12-31 | CN¥2.66 | CN¥5.97 | x |
| 2017-12-31 | CN¥2.75 | CN¥5.97 | x |
| 2018-12-31 | CN¥2.71 | CN¥5.97 | x |
| 2019-12-31 | CN¥2.82 | CN¥5.97 | x |
| 2020-12-31 | CN¥2.88 | CN¥5.97 | x |
| 2021-12-31 | CN¥3.43 | CN¥5.97 | x |
| 2022-12-31 | CN¥3.36 | CN¥5.97 | x |
| 2023-12-31 | CN¥3.52 | CN¥5.97 | x |
| 2024-12-31 | CN¥3.80 | CN¥5.97 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Chongqing Road & Bridge 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): 3.12%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 139.29%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 1.40x
- Recent ROE (3.12%) is below the historical average (14.05%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1994 | 76.61% | 91.09% | 0.72x | 1.17x | CN¥62.69 Million |
| 1995 | 92.51% | 89.69% | 0.56x | 1.86x | CN¥78.36 Million |
| 1996 | 38.01% | 91.51% | 0.25x | 1.66x | CN¥69.89 Million |
| 1997 | 11.41% | 92.68% | 0.11x | 1.09x | CN¥10.50 Million |
| 1998 | 11.59% | 81.09% | 0.11x | 1.26x | CN¥12.47 Million |
| 1999 | 11.49% | 81.69% | 0.10x | 1.35x | CN¥12.14 Million |
| 2000 | 9.10% | 63.37% | 0.09x | 1.52x | CN¥-7.72 Million |
| 2001 | 7.86% | 51.19% | 0.10x | 1.49x | CN¥-19.05 Million |
| 2002 | 7.44% | 30.02% | 0.16x | 1.54x | CN¥-24.63 Million |
| 2003 | 7.62% | 45.10% | 0.09x | 1.94x | CN¥-24.74 Million |
| 2004 | 6.05% | 16.14% | 0.18x | 2.09x | CN¥-42.43 Million |
| 2005 | 7.39% | 35.31% | 0.08x | 2.61x | CN¥-29.43 Million |
| 2006 | 7.70% | 39.45% | 0.07x | 2.80x | CN¥-27.18 Million |
| 2007 | 8.90% | 20.86% | 0.13x | 3.33x | CN¥-14.10 Million |
| 2008 | 6.33% | 25.55% | 0.08x | 3.23x | CN¥-49.35 Million |
| 2009 | 6.36% | 29.91% | 0.06x | 3.37x | CN¥-52.33 Million |
| 2010 | 8.72% | 41.22% | 0.06x | 3.68x | CN¥-19.66 Million |
| 2011 | 18.85% | 93.86% | 0.07x | 2.99x | CN¥166.91 Million |
| 2012 | 11.27% | 72.31% | 0.06x | 2.60x | CN¥26.16 Million |
| 2013 | 12.10% | 82.00% | 0.06x | 2.56x | CN¥47.70 Million |
| 2014 | 8.39% | 72.71% | 0.05x | 2.14x | CN¥-47.52 Million |
| 2015 | 6.90% | 70.16% | 0.04x | 2.25x | CN¥-101.00 Million |
| 2016 | 8.47% | 96.79% | 0.04x | 1.96x | CN¥-53.51 Million |
| 2017 | 7.83% | 117.84% | 0.04x | 1.87x | CN¥-77.77 Million |
| 2018 | 6.36% | 93.79% | 0.04x | 1.85x | CN¥-128.45 Million |
| 2019 | 6.67% | 104.61% | 0.04x | 1.72x | CN¥-124.74 Million |
| 2020 | 5.93% | 112.64% | 0.03x | 1.67x | CN¥-155.82 Million |
| 2021 | 5.61% | 155.20% | 0.02x | 1.57x | CN¥-200.44 Million |
| 2022 | 4.54% | 167.24% | 0.02x | 1.55x | CN¥-243.59 Million |
| 2023 | 4.52% | 181.17% | 0.02x | 1.43x | CN¥-255.91 Million |
| 2024 | 3.12% | 139.29% | 0.02x | 1.40x | CN¥-347.61 Million |
Industry Comparison
This section compares Chongqing Road & Bridge Co Ltd's net assets metrics with peer companies in the Infrastructure Operations industry.
Industry Context
- Industry: Infrastructure Operations
- Average net assets among peers: $10,210,644,169
- Average return on equity (ROE) among peers: -1.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chongqing Road & Bridge Co Ltd (600106) | CN¥5.18 Billion | 76.61% | 0.33x | $756.88 Million |
| Guangdong Provincial Expressway Development Co Ltd (000429) | $13.20 Billion | 11.84% | 0.70x | $1.70 Billion |
| Shanxi Sanwei Group Co Ltd (000755) | $539.19 Million | 10.13% | 0.48x | $238.99 Million |
| Dongguan Development Holdings Co Ltd (000828) | $2.49 Billion | 8.72% | 0.15x | $467.27 Million |
| City Development Environment Co Ltd (000885) | $97.48 Million | -85.52% | 2.00x | $431.18 Million |
| Xiandai Investment Co Ltd (000900) | $2.36 Billion | 6.32% | 1.08x | $469.11 Million |
| Merchant Express Class A (001965) | $67.67 Billion | 7.18% | 0.70x | $2.90 Billion |
| Shandong Sunway Petrochemical Engineering Co Ltd (002469) | $1.29 Billion | 4.44% | 0.30x | $616.07 Million |
| Xinjiang Communications Construction Group Co Ltd Class A (002941) | $5.02 Billion | 6.37% | 2.96x | $825.97 Million |
| Anhui Expressway Co Ltd (600012) | $3.08 Billion | 8.07% | 0.42x | $1.30 Billion |
| Henan Zhongyuan Expressway Co Ltd (600020) | $6.36 Billion | 4.68% | 3.77x | $484.63 Million |