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

Latest as of March 2026: CN¥3.00 Billion CNY ≈ $439.69 Million USD

Based on the latest financial reports, Heilongjiang Interchina Water Treatment Co Ltd (600187) has net assets worth CN¥3.00 Billion CNY (≈ $439.69 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¥3.31 Billion ≈ $484.46 Million USD) and total liabilities (CN¥305.90 Million ≈ $44.76 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. Also explore Heilongjiang Interchina Water Treatment total assets for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥3.00 Billion
% of Total Assets 90.76%
Annual Growth Rate 14.25%
5-Year Change -10.15%
10-Year Change 9.87%
Growth Volatility 69.06

Heilongjiang Interchina Water Treatment Co Ltd - Net Assets Trend (1995–2025)

This chart illustrates how Heilongjiang Interchina Water Treatment Co Ltd's net assets have evolved over time, based on quarterly financial data. Check Heilongjiang Interchina Water Treatment (600187) tangible net worth to evaluate the tangible quality of the company's equity base.

Annual Net Assets for Heilongjiang Interchina Water Treatment Co Ltd (1995–2025)

The table below shows the annual net assets of Heilongjiang Interchina Water Treatment Co Ltd from 1995 to 2025. For live valuation and market cap data, see Heilongjiang Interchina Water Treatment market cap and net worth.

Year Net Assets Change
2025-12-31 CN¥2.99 Billion
≈ $437.71 Million		 -7.11%
2024-12-31 CN¥3.22 Billion
≈ $471.21 Million		 +1.20%
2023-12-31 CN¥3.18 Billion
≈ $465.65 Million		 +0.05%
2022-12-31 CN¥3.18 Billion
≈ $465.39 Million		 -4.47%
2021-12-31 CN¥3.33 Billion
≈ $487.18 Million		 -3.38%
2020-12-31 CN¥3.45 Billion
≈ $504.21 Million		 -0.19%
2019-12-31 CN¥3.45 Billion
≈ $505.15 Million		 -1.33%
2018-12-31 CN¥3.50 Billion
≈ $511.93 Million		 -4.32%
2017-12-31 CN¥3.66 Billion
≈ $535.06 Million		 +34.30%
2016-12-31 CN¥2.72 Billion
≈ $398.40 Million		 +0.60%
2015-12-31 CN¥2.71 Billion
≈ $396.04 Million		 -4.13%
2014-12-31 CN¥2.82 Billion
≈ $413.10 Million		 +6.02%
2013-12-31 CN¥2.66 Billion
≈ $389.63 Million		 +105.27%
2012-12-31 CN¥1.30 Billion
≈ $189.81 Million		 +7.93%
2011-12-31 CN¥1.20 Billion
≈ $175.87 Million		 +239.39%
2010-12-31 CN¥354.12 Million
≈ $51.82 Million		 +20.21%
2009-12-31 CN¥294.57 Million
≈ $43.11 Million		 +29.51%
2008-12-31 CN¥227.45 Million
≈ $33.28 Million		 +22.15%
2007-12-31 CN¥186.21 Million
≈ $27.25 Million		 +131.95%
2006-12-31 CN¥-582.78 Million
≈ $-85.28 Million		 +3.00%
2005-12-31 CN¥-600.82 Million
≈ $-87.92 Million		 -146.49%
2004-12-31 CN¥-243.75 Million
≈ $-35.67 Million		 -143.02%
2003-12-31 CN¥566.63 Million
≈ $82.92 Million		 -27.27%
2002-12-31 CN¥779.06 Million
≈ $114.00 Million		 +1.67%
2001-12-31 CN¥766.24 Million
≈ $112.12 Million		 -0.03%
2000-12-31 CN¥766.47 Million
≈ $112.16 Million		 +42.86%
1999-12-31 CN¥536.52 Million
≈ $78.51 Million		 +3.22%
1998-12-31 CN¥519.81 Million
≈ $76.06 Million		 +125.86%
1997-12-31 CN¥230.15 Million
≈ $33.68 Million		 +181.10%
1996-12-31 CN¥81.87 Million
≈ $11.98 Million		 +49.03%
1995-12-31 CN¥54.94 Million
≈ $8.04 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 56901417731.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Other Components CN¥3.53 Billion 119.23%
Total Equity CN¥2.96 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
Platinum Capital Ltd
AU:PMC
 $342.65 Million
Q2 METALS CORP.
F:458
 $342.70 Million
Sinosun Tech
SHE:300333
 $342.70 Million
Chen Ke Ming Food Manufacturing Co Ltd
SHE:002661
 $342.70 Million
Filatex India Limited
NSE:FILATEX
 $342.41 Million
Weyco Group Inc
NASDAQ:WEYS
 $342.40 Million
Dhani Services Limited
NSE:DHANI
 $342.32 Million
Agencia Comercial Spirits Ltd Class A Ordinary Shares
NASDAQ:AGCC
 $342.25 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 2024 to 2025, total equity changed from 3,205,272,730 to 2,959,448,119, a change of -245,824,611 (-7.7%).
  • Net loss of 214,907,274 reduced equity.
  • Dividend payments of 2,597,110 reduced retained earnings.
  • Other comprehensive income decreased equity by 262,388,119.
  • Other factors increased equity by 234,067,892.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CN¥-214.91 Million -7.26%
Dividends Paid CN¥2.60 Million -0.09%
Other Comprehensive Income CN¥-262.39 Million -8.87%
Other Changes CN¥234.07 Million +7.91%
Total Change CN¥- -7.67%

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: 0.79x
  • 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 24.60x to 0.79x 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¥1.45 x
1996-12-31 CN¥0.09 CN¥1.45 x
1997-12-31 CN¥0.27 CN¥1.45 x
1998-12-31 CN¥0.62 CN¥1.45 x
1999-12-31 CN¥0.65 CN¥1.45 x
2000-12-31 CN¥0.93 CN¥1.45 x
2001-12-31 CN¥0.93 CN¥1.45 x
2002-12-31 CN¥0.94 CN¥1.45 x
2003-12-31 CN¥0.69 CN¥1.45 x
2004-12-31 CN¥-0.30 CN¥1.45 x
2005-12-31 CN¥-0.73 CN¥1.45 x
2006-12-31 CN¥-0.71 CN¥1.45 x
2007-12-31 CN¥0.22 CN¥1.45 x
2008-12-31 CN¥0.27 CN¥1.45 x
2009-12-31 CN¥0.30 CN¥1.45 x
2010-12-31 CN¥0.36 CN¥1.45 x
2011-12-31 CN¥1.03 CN¥1.45 x
2012-12-31 CN¥1.08 CN¥1.45 x
2013-12-31 CN¥1.82 CN¥1.45 x
2014-12-31 CN¥1.83 CN¥1.45 x
2015-12-31 CN¥1.75 CN¥1.45 x
2016-12-31 CN¥1.76 CN¥1.45 x
2017-12-31 CN¥2.18 CN¥1.45 x
2018-12-31 CN¥2.07 CN¥1.45 x
2019-12-31 CN¥2.12 CN¥1.45 x
2020-12-31 CN¥2.12 CN¥1.45 x
2021-12-31 CN¥2.05 CN¥1.45 x
2022-12-31 CN¥1.96 CN¥1.45 x
2023-12-31 CN¥1.96 CN¥1.45 x
2024-12-31 CN¥1.99 CN¥1.45 x
2025-12-31 CN¥1.83 CN¥1.45 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): -7.26%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -96.45%
  • • Asset Turnover: 0.07x
  • • Equity Multiplier: 1.11x
  • Recent ROE (-7.26%) is below the historical average (18.38%), 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% 2.21% 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 -2.73% -23.55% 0.08x 1.46x CN¥-421.66 Million
2022 -3.66% -39.98% 0.07x 1.27x CN¥-432.33 Million
2023 0.96% 13.43% 0.06x 1.15x CN¥-286.66 Million
2024 1.36% 24.32% 0.05x 1.12x CN¥-276.95 Million
2025 -7.26% -96.45% 0.07x 1.11x CN¥-510.85 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: $2,540,019,570
  • Average return on equity (ROE) among peers: 12.66%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Heilongjiang Interchina Water Treatment Co Ltd (600187) CN¥3.00 Billion 26.25% 0.10x $342.41 Million
Chengdu Xingrong Investment Co Ltd (000598) $7.51 Billion 10.02% 0.62x $3.14 Billion
Bohai Water Industry Co Ltd (000605) $102.91 Million 8.07% 1.05x $272.47 Million
Zhongshan Public Utilities Group Co Ltd (000685) $5.72 Billion 19.13% 0.40x $2.35 Billion
Guangdong Shunkong Development Co Ltd (003039) $1.40 Billion 8.12% 1.09x $1.05 Billion
Gansu Dayu Water saving Group (300021) $1.38 Billion 4.39% 0.81x $556.53 Million
Beijing Water Business Doctor (300055) $173.13 Million 46.83% 1.44x $658.74 Million
BGT Group Co. Ltd. (300774) $1.45 Billion 11.99% 0.37x $534.75 Million
Hynar Water Group Co. Ltd. (300961) $1.03 Billion -3.41% 1.69x $243.85 Million
Shenzhen Water Planning & Design Institute Co. Ltd. (301038) $661.38 Million 14.13% 1.32x $477.58 Million
Wuhan Sanzhen Industry Holding Co Ltd (600168) $5.98 Billion 7.31% 2.02x $611.99 Million

About Heilongjiang Interchina Water Treatment Co Ltd

SHG:600187 China Utilities - Regulated Water
Market Cap
$342.41 Million
CN¥2.34 Billion CNY
Market Cap Rank
#13983 Global
#4048 in China
Share Price
CN¥1.45
Change (1 day)
-2.03%
52-Week Range
CN¥1.23 - CN¥3.18
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