Heilongjiang Interchina Water Treatment Co Ltd

SHG:600187 China Utilities - Regulated Water
Market Cap
$450.88 Million
CN¥3.31 Billion CNY
Market Cap Rank
#12152 Global
#2978 in China
Share Price
CN¥2.05
Change (1 day)
-0.49%
52-Week Range
CN¥2.00 - CN¥4.23
All Time High
CN¥7.29
Categories
Companies in China Utilities - Regulated Water
About

Heilongjiang Interchina Water Treatment Co.,Ltd, together with its subsidiaries, engages in the water supply, drainage, and sewage treatment businesses in China. It operates through Sewage Treatment, Heating, and Others segments. The company engages in sewage and water treatment; clean energy heating; and environmental protection engineering EPC activities. It is also involved in environmental en… Read more

Heilongjiang Interchina Water Treatment Co Ltd (600187) - Net Assets

Latest net assets as of September 2025: CN¥3.20 Billion CNY

Based on the latest financial reports, Heilongjiang Interchina Water Treatment Co Ltd (600187) has net assets worth CN¥3.20 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¥3.48 Billion) and total liabilities (CN¥284.59 Million). 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¥3.20 Billion
% of Total Assets 91.83%
Annual Growth Rate 15.07%
5-Year Change -6.55%
10-Year Change 18.98%
Growth Volatility 70.08

Heilongjiang Interchina Water Treatment Co Ltd - Net Assets Trend (1995–2024)

This chart illustrates how Heilongjiang Interchina Water Treatment 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 Heilongjiang Interchina Water Treatment Co Ltd (1995–2024)

The table below shows the annual net assets of Heilongjiang Interchina Water Treatment Co Ltd from 1995 to 2024.

Year Net Assets Change
2024-12-31 CN¥3.22 Billion +1.20%
2023-12-31 CN¥3.18 Billion +0.05%
2022-12-31 CN¥3.18 Billion -4.47%
2021-12-31 CN¥3.33 Billion -3.38%
2020-12-31 CN¥3.45 Billion -0.19%
2019-12-31 CN¥3.45 Billion -1.33%
2018-12-31 CN¥3.50 Billion -4.32%
2017-12-31 CN¥3.66 Billion +34.30%
2016-12-31 CN¥2.72 Billion +0.60%
2015-12-31 CN¥2.71 Billion -4.13%
2014-12-31 CN¥2.82 Billion +6.02%
2013-12-31 CN¥2.66 Billion +105.27%
2012-12-31 CN¥1.30 Billion +7.93%
2011-12-31 CN¥1.20 Billion +239.39%
2010-12-31 CN¥354.12 Million +20.21%
2009-12-31 CN¥294.57 Million +29.51%
2008-12-31 CN¥227.45 Million +22.15%
2007-12-31 CN¥186.21 Million +131.95%
2006-12-31 CN¥-582.78 Million +3.00%
2005-12-31 CN¥-600.82 Million -146.49%
2004-12-31 CN¥-243.75 Million -143.02%
2003-12-31 CN¥566.63 Million -27.27%
2002-12-31 CN¥779.06 Million +1.67%
2001-12-31 CN¥766.24 Million -0.03%
2000-12-31 CN¥766.47 Million +42.86%
1999-12-31 CN¥536.52 Million +3.22%
1998-12-31 CN¥519.81 Million +125.86%
1997-12-31 CN¥230.15 Million +181.10%
1996-12-31 CN¥81.87 Million +49.03%
1995-12-31 CN¥54.94 Million --

Equity Component Analysis

This analysis shows how different components contribute to Heilongjiang Interchina Water Treatment 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 decreased by 34382861100.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥1.61 Billion 50.35%
Other Comprehensive Income CN¥262.39 Million 8.19%
Other Components CN¥1.67 Billion 52.19%
Total Equity CN¥3.21 Billion 100.00%

Heilongjiang Interchina Water Treatment Co Ltd Competitors by Market Cap

The table below lists competitors of Heilongjiang Interchina Water Treatment Co Ltd ranked by their market capitalization.

Company Market Cap
W olf Photoelectric Technology Ltd
SHE:002962
 		$344.43 Million
Guangdong Dongpeng Holdings
SHE:003012
 		$344.43 Million
Shin-Etsu Polymer Co.,Ltd.
PINK:SETUF
 		$344.55 Million
2G Energy AG
XETRA:2GB
 		$344.59 Million
AT & S Austria Technologie & Systemtechnik Aktiengesellschaft
PINK:ASAAF
 		$344.33 Million
Fiverr International Ltd
NYSE:FVRR
 		$344.33 Million
Ermenegildo Zegna NV
NYSE:ZGN
 		$344.28 Million
Ningbo Baosi Energy Equipment Co Ltd
SHE:300441
 		$344.27 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Heilongjiang Interchina Water Treatment Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 3,170,125,179 to 3,205,272,730, a change of 35,147,551 (1.1%).
  • Net income of 43,579,164 contributed positively to equity growth.
  • Dividend payments of 5,602,393 reduced retained earnings.
  • Other comprehensive income increased equity by 7,205,578.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥43.58 Million +1.36%
Dividends Paid CN¥5.60 Million -0.17%
Other Comprehensive Income CN¥7.21 Million +0.22%
Other Changes CN¥-10.03 Million -0.31%
Total Change CN¥- 1.11%

Book Value vs Market Value Analysis

This analysis compares Heilongjiang Interchina Water Treatment 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: 1.03x
  • 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 34.78x to 1.03x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1995-12-31 CN¥0.06 CN¥2.05 x
1996-12-31 CN¥0.09 CN¥2.05 x
1997-12-31 CN¥0.27 CN¥2.05 x
1998-12-31 CN¥0.62 CN¥2.05 x
1999-12-31 CN¥0.65 CN¥2.05 x
2000-12-31 CN¥0.93 CN¥2.05 x
2001-12-31 CN¥0.93 CN¥2.05 x
2002-12-31 CN¥0.94 CN¥2.05 x
2003-12-31 CN¥0.69 CN¥2.05 x
2004-12-31 CN¥-0.30 CN¥2.05 x
2005-12-31 CN¥-0.73 CN¥2.05 x
2006-12-31 CN¥-0.71 CN¥2.05 x
2007-12-31 CN¥0.22 CN¥2.05 x
2008-12-31 CN¥0.27 CN¥2.05 x
2009-12-31 CN¥0.30 CN¥2.05 x
2010-12-31 CN¥0.36 CN¥2.05 x
2011-12-31 CN¥1.03 CN¥2.05 x
2012-12-31 CN¥1.08 CN¥2.05 x
2013-12-31 CN¥1.82 CN¥2.05 x
2014-12-31 CN¥1.83 CN¥2.05 x
2015-12-31 CN¥1.75 CN¥2.05 x
2016-12-31 CN¥1.76 CN¥2.05 x
2017-12-31 CN¥2.18 CN¥2.05 x
2018-12-31 CN¥2.07 CN¥2.05 x
2019-12-31 CN¥2.12 CN¥2.05 x
2020-12-31 CN¥2.12 CN¥2.05 x
2021-12-31 CN¥2.05 CN¥2.05 x
2022-12-31 CN¥1.96 CN¥2.05 x
2023-12-31 CN¥1.96 CN¥2.05 x
2024-12-31 CN¥1.99 CN¥2.05 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Heilongjiang Interchina Water Treatment 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): 1.36%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 24.32%
  • • Asset Turnover: 0.05x
  • • Equity Multiplier: 1.12x
  • Recent ROE (1.36%) is below the historical average (19.23%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1995 26.25% 22.95% 0.35x 3.26x CN¥7.84 Million
1996 32.67% 27.97% 0.36x 3.23x CN¥16.50 Million
1997 25.51% 14.01% 0.66x 2.76x CN¥34.26 Million
1998 11.25% 14.33% 0.43x 1.81x CN¥6.36 Million
1999 11.08% 16.12% 0.38x 1.83x CN¥5.72 Million
2000 9.07% 15.71% 0.24x 2.45x CN¥-7.02 Million
2001 8.58% 10.75% 0.31x 2.59x CN¥-10.74 Million
2002 0.50% 0.53% 0.34x 2.82x CN¥-73.30 Million
2003 -36.16% -40.47% 0.25x 3.63x CN¥-261.58 Million
2004 0.00% -384.74% 0.17x 0.00x CN¥-786.07 Million
2005 0.00% -28776426.36% 0.00x 0.00x CN¥-297.41 Million
2006 0.00% 420.26% 0.00x 0.00x CN¥76.15 Million
2007 430.16% 81835.36% 0.00x 10.04x CN¥773.03 Million
2008 17.63% 45.63% 0.17x 2.23x CN¥17.16 Million
2009 8.06% 23.14% 0.16x 2.18x CN¥-4.71 Million
2010 14.45% 27.88% 0.17x 2.99x CN¥13.11 Million
2011 6.10% 21.55% 0.16x 1.72x CN¥-41.99 Million
2012 6.40% 20.78% 0.17x 1.78x CN¥-41.58 Million
2013 5.68% 24.22% 0.17x 1.41x CN¥-108.43 Million
2014 5.64% 20.86% 0.18x 1.48x CN¥-116.04 Million
2015 -4.63% -24.83% 0.12x 1.60x CN¥-372.33 Million
2016 0.63% 4.52% 0.09x 1.62x CN¥-240.03 Million
2017 0.51% 4.06% 0.10x 1.31x CN¥-332.68 Million
2018 0.30% 2.22% 0.09x 1.49x CN¥-331.54 Million
2019 0.58% 3.67% 0.11x 1.40x CN¥-322.57 Million
2020 0.89% 8.06% 0.08x 1.37x CN¥-311.90 Million
2021 -2.83% -24.33% 0.08x 1.46x CN¥-424.65 Million
2022 -3.78% -41.58% 0.07x 1.27x CN¥-436.17 Million
2023 0.95% 13.29% 0.06x 1.15x CN¥-286.97 Million
2024 1.36% 24.32% 0.05x 1.12x CN¥-276.95 Million

Industry Comparison

This section compares Heilongjiang Interchina Water Treatment Co Ltd's net assets metrics with peer companies in the Utilities - Regulated Water industry.

Industry Context

  • Industry: Utilities - Regulated Water
  • Average net assets among peers: $3,359,023,908
  • Average return on equity (ROE) among peers: 7.45%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Heilongjiang Interchina Water Treatment Co Ltd (600187) CN¥3.20 Billion 26.25% 0.09x $344.36 Million
Chengdu Xingrong Investment Co Ltd (000598) $11.99 Billion 9.01% 1.11x $1.21 Billion
Bohai Water Industry Co Ltd (000605) $164.13 Million 2.53% 1.04x $171.74 Million
Zhongshan Public Utilities Group Co Ltd (000685) $11.04 Billion 13.53% 0.25x $1.16 Billion
Guangdong Shunkong Development Co Ltd (003039) $1.68 Billion 11.76% 1.49x $276.18 Million
Gansu Dayu Water saving Group (300021) $2.33 Billion 3.48% 3.01x $349.89 Million
Beijing Water Business Doctor (300055) $1.60 Billion 3.85% 0.13x $355.06 Million
BGT Group Co. Ltd. (300774) $1.52 Billion 2.16% 0.65x $371.81 Million
Hynar Water Group Co. Ltd. (300961) $695.55 Million 13.29% 1.35x $339.95 Million
Shenzhen Water Planning & Design Institute Co. Ltd. (301038) $942.31 Million 11.26% 0.90x $202.63 Million
Wuhan Sanzhen Industry Holding Co Ltd (600168) $1.63 Billion 3.60% 0.65x $316.91 Million