Chongqing Road & Bridge Co Ltd (600106) - Net Assets
Based on the latest financial reports, Chongqing Road & Bridge Co Ltd (600106) has net assets worth CN¥5.32 Billion CNY (≈ $778.23 Million 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¥7.06 Billion ≈ $1.03 Billion USD) and total liabilities (CN¥1.74 Billion ≈ $254.45 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 600106 tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥5.32 Billion |
| % of Total Assets | 75.36% |
| Annual Growth Rate | 13.9% |
| 5-Year Change | 16.54% |
| 10-Year Change | 52.42% |
| Growth Volatility | 43.16 |
Chongqing Road & Bridge Co Ltd - Net Assets Trend (1994–2025)
This chart illustrates how Chongqing Road & Bridge Co Ltd's net assets have evolved over time, based on quarterly financial data. See Chongqing Road & Bridge Co Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Chongqing Road & Bridge Co Ltd (1994–2025)
The table below shows the annual net assets of Chongqing Road & Bridge Co Ltd from 1994 to 2025. For live valuation and market cap data, see market value of Chongqing Road & Bridge Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥5.32 Billion ≈ $777.91 Million |
+5.26% |
| 2024-12-31 | CN¥5.05 Billion ≈ $739.07 Million |
+8.06% |
| 2023-12-31 | CN¥4.67 Billion ≈ $683.93 Million |
+4.68% |
| 2022-12-31 | CN¥4.46 Billion ≈ $653.35 Million |
-2.12% |
| 2021-12-31 | CN¥4.56 Billion ≈ $667.50 Million |
+19.08% |
| 2020-12-31 | CN¥3.83 Billion ≈ $560.53 Million |
+2.18% |
| 2019-12-31 | CN¥3.75 Billion ≈ $548.59 Million |
+6.10% |
| 2018-12-31 | CN¥3.53 Billion ≈ $517.07 Million |
-1.31% |
| 2017-12-31 | CN¥3.58 Billion ≈ $523.92 Million |
+2.66% |
| 2016-12-31 | CN¥3.49 Billion ≈ $510.36 Million |
+7.07% |
| 2015-12-31 | CN¥3.26 Billion ≈ $476.68 Million |
+10.63% |
| 2014-12-31 | CN¥2.94 Billion ≈ $430.86 Million |
+29.84% |
| 2013-12-31 | CN¥2.27 Billion ≈ $331.83 Million |
+9.77% |
| 2012-12-31 | CN¥2.07 Billion ≈ $302.29 Million |
+9.51% |
| 2011-12-31 | CN¥1.89 Billion ≈ $276.04 Million |
+22.82% |
| 2010-12-31 | CN¥1.54 Billion ≈ $224.75 Million |
+6.93% |
| 2009-12-31 | CN¥1.44 Billion ≈ $210.19 Million |
+6.67% |
| 2008-12-31 | CN¥1.35 Billion ≈ $197.04 Million |
+5.19% |
| 2007-12-31 | CN¥1.28 Billion ≈ $187.32 Million |
+8.26% |
| 2006-12-31 | CN¥1.18 Billion ≈ $173.03 Million |
+5.06% |
| 2005-12-31 | CN¥1.13 Billion ≈ $164.70 Million |
+4.73% |
| 2004-12-31 | CN¥1.07 Billion ≈ $157.27 Million |
+3.27% |
| 2003-12-31 | CN¥1.04 Billion ≈ $152.29 Million |
+8.17% |
| 2002-12-31 | CN¥962.15 Million ≈ $140.79 Million |
+7.96% |
| 2001-12-31 | CN¥891.23 Million ≈ $130.41 Million |
+4.19% |
| 2000-12-31 | CN¥855.35 Million ≈ $125.16 Million |
+5.12% |
| 1999-12-31 | CN¥813.66 Million ≈ $119.06 Million |
+3.32% |
| 1998-12-31 | CN¥787.50 Million ≈ $115.24 Million |
+6.11% |
| 1997-12-31 | CN¥742.17 Million ≈ $108.60 Million |
+197.43% |
| 1996-12-31 | CN¥249.53 Million ≈ $36.51 Million |
+162.74% |
| 1995-12-31 | CN¥94.97 Million ≈ $13.90 Million |
+0.91% |
| 1994-12-31 | CN¥94.12 Million ≈ $13.77 Million |
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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 194274.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.18 Billion | 40.98% |
| Other Components | CN¥3.14 Billion | 59.02% |
| Total Equity | CN¥5.32 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 |
|---|---|
|
SDIC Zhonglu Fruit Juice Co Ltd
SHG:600962
|
$999.91 Million |
|
Scandi Standard publ AB
ST:SCST
|
$999.99 Million |
|
Hanza AB
ST:HANZA
|
$1.00 Billion |
|
Arbor Realty Trust
NYSE:ABR
|
$1.00 Billion |
|
Hangzhou Cogeneration Group Co Ltd
SHG:605011
|
$999.40 Million |
|
HUANLEJIA Food Group Co. Ltd.
SHE:300997
|
$999.29 Million |
|
Gallant Micro Machining Co Ltd
TWO:6640
|
$998.97 Million |
|
Huafa Industrial Co Ltd Zhuhai
SHG:600325
|
$998.76 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 2024 to 2025, total equity changed from 5,050,651,776 to 5,316,100,130, a change of 265,448,354 (5.3%).
- Net income of 114,007,111 contributed positively to equity growth.
- Dividend payments of 93,559,393 reduced retained earnings.
- Other comprehensive income decreased equity by 1,578,496,276.
- Other factors increased equity by 1,823,496,912.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥114.01 Million | +2.14% |
| Dividends Paid | CN¥93.56 Million | -1.76% |
| Other Comprehensive Income | CN¥-1.58 Billion | -29.69% |
| Other Changes | CN¥1.82 Billion | +34.3% |
| Total Change | CN¥- | 5.26% |
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: 1.29x
- 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 66.04x to 1.29x 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¥5.14 | x |
| 1995-12-31 | CN¥0.08 | CN¥5.14 | x |
| 1996-12-31 | CN¥0.21 | CN¥5.14 | x |
| 1997-12-31 | CN¥0.61 | CN¥5.14 | x |
| 1998-12-31 | CN¥0.65 | CN¥5.14 | x |
| 1999-12-31 | CN¥0.67 | CN¥5.14 | x |
| 2000-12-31 | CN¥0.71 | CN¥5.14 | x |
| 2001-12-31 | CN¥0.74 | CN¥5.14 | x |
| 2002-12-31 | CN¥0.80 | CN¥5.14 | x |
| 2003-12-31 | CN¥0.86 | CN¥5.14 | x |
| 2004-12-31 | CN¥0.89 | CN¥5.14 | x |
| 2005-12-31 | CN¥0.93 | CN¥5.14 | x |
| 2006-12-31 | CN¥0.89 | CN¥5.14 | x |
| 2007-12-31 | CN¥0.96 | CN¥5.14 | x |
| 2008-12-31 | CN¥1.01 | CN¥5.14 | x |
| 2009-12-31 | CN¥1.08 | CN¥5.14 | x |
| 2010-12-31 | CN¥1.16 | CN¥5.14 | x |
| 2011-12-31 | CN¥1.42 | CN¥5.14 | x |
| 2012-12-31 | CN¥1.55 | CN¥5.14 | x |
| 2013-12-31 | CN¥1.71 | CN¥5.14 | x |
| 2014-12-31 | CN¥2.20 | CN¥5.14 | x |
| 2015-12-31 | CN¥2.48 | CN¥5.14 | x |
| 2016-12-31 | CN¥2.66 | CN¥5.14 | x |
| 2017-12-31 | CN¥2.75 | CN¥5.14 | x |
| 2018-12-31 | CN¥2.71 | CN¥5.14 | x |
| 2019-12-31 | CN¥2.85 | CN¥5.14 | x |
| 2020-12-31 | CN¥2.87 | CN¥5.14 | x |
| 2021-12-31 | CN¥3.39 | CN¥5.14 | x |
| 2022-12-31 | CN¥3.30 | CN¥5.14 | x |
| 2023-12-31 | CN¥3.54 | CN¥5.14 | x |
| 2024-12-31 | CN¥3.80 | CN¥5.14 | x |
| 2025-12-31 | CN¥4.00 | CN¥5.14 | 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): 2.14%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 100.99%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 1.33x
- Recent ROE (2.14%) is below the historical average (13.68%), 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 |
| 2025 | 2.14% | 100.99% | 0.02x | 1.33x | CN¥-417.60 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: $6,851,550,524
- Average return on equity (ROE) among peers: 10.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chongqing Road & Bridge Co Ltd (600106) | CN¥5.32 Billion | 76.61% | 0.33x | $999.62 Million |
| Guangdong Provincial Expressway Development Co Ltd (000429) | $4.02 Billion | 4.25% | 0.53x | $3.46 Billion |
| Shanxi Sanwei Group Co Ltd (000755) | $1.16 Billion | -4.33% | 5.98x | $968.36 Million |
| Dongguan Development Holdings Co Ltd (000828) | $575.54 Million | 54.14% | 2.67x | $1.46 Billion |
| City Development Environment Co Ltd (000885) | $2.26 Billion | 2.94% | 1.30x | $1.18 Billion |
| Xiandai Investment Co Ltd (000900) | $14.21 Billion | 3.82% | 3.00x | $804.02 Million |
| Merchant Express Class A (001965) | $25.48 Billion | 9.67% | 0.60x | $9.76 Billion |
| Shandong Sunway Petrochemical Engineering Co Ltd (002469) | $2.87 Billion | 9.16% | 0.26x | $610.52 Million |
| Xinjiang Communications Construction Group Co Ltd Class A (002941) | $5.02 Billion | 6.37% | 2.96x | $1.13 Billion |
| Guangdong Provincial Expressway Development Co Ltd (200429) | $4.01 Billion | 8.27% | 1.22x | $435.40 Million |
| Anhui Expressway Co Ltd (600012) | $8.91 Billion | 10.53% | 0.36x | $2.78 Billion |
About 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