China Resources and Environment Co Ltd (600217) - Net Assets
Based on the latest financial reports, China Resources and Environment Co Ltd (600217) has net assets worth CN¥3.08 Billion CNY (≈ $450.10 Million 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¥6.64 Billion ≈ $971.52 Million USD) and total liabilities (CN¥3.56 Billion ≈ $521.41 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 how resilient are China Resources and Environment Co Ltd's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.08 Billion |
| % of Total Assets | 46.33% |
| Annual Growth Rate | 11.62% |
| 5-Year Change | 55.7% |
| 10-Year Change | 272.48% |
| Growth Volatility | 151.38 |
China Resources and Environment Co Ltd - Net Assets Trend (1996–2024)
This chart illustrates how China Resources and Environment Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 600217 total asset value for the complete picture of this company's asset base.
Annual Net Assets for China Resources and Environment Co Ltd (1996–2024)
The table below shows the annual net assets of China Resources and Environment Co Ltd from 1996 to 2024. For live valuation and market cap data, see China Resources and Environment Co Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.45 Billion ≈ $505.37 Million |
+31.97% |
| 2023-12-31 | CN¥2.62 Billion ≈ $382.94 Million |
+2.60% |
| 2022-12-31 | CN¥2.55 Billion ≈ $373.23 Million |
+5.04% |
| 2021-12-31 | CN¥2.43 Billion ≈ $355.30 Million |
+9.47% |
| 2020-12-31 | CN¥2.22 Billion ≈ $324.58 Million |
+21.54% |
| 2019-12-31 | CN¥1.82 Billion ≈ $267.05 Million |
+27.41% |
| 2018-12-31 | CN¥1.43 Billion ≈ $209.59 Million |
-15.22% |
| 2017-12-31 | CN¥1.69 Billion ≈ $247.23 Million |
+56.01% |
| 2016-12-31 | CN¥1.08 Billion ≈ $158.47 Million |
+16.80% |
| 2015-12-31 | CN¥927.17 Million ≈ $135.67 Million |
+535.41% |
| 2014-12-31 | CN¥-212.94 Million ≈ $-31.16 Million |
-669.02% |
| 2013-12-31 | CN¥37.42 Million ≈ $5.48 Million |
-68.47% |
| 2012-12-31 | CN¥118.68 Million ≈ $17.37 Million |
+9.69% |
| 2011-12-31 | CN¥108.20 Million ≈ $15.83 Million |
-56.20% |
| 2010-12-31 | CN¥247.03 Million ≈ $36.15 Million |
+212.45% |
| 2009-12-31 | CN¥-219.68 Million ≈ $-32.15 Million |
-320.60% |
| 2008-12-31 | CN¥99.58 Million ≈ $14.57 Million |
-77.86% |
| 2007-12-31 | CN¥449.73 Million ≈ $65.81 Million |
-12.90% |
| 2006-12-31 | CN¥516.34 Million ≈ $75.56 Million |
-26.51% |
| 2005-12-31 | CN¥702.64 Million ≈ $102.82 Million |
-17.97% |
| 2004-12-31 | CN¥856.57 Million ≈ $125.34 Million |
+4.86% |
| 2003-12-31 | CN¥816.84 Million ≈ $119.53 Million |
+9.68% |
| 2002-12-31 | CN¥744.76 Million ≈ $108.98 Million |
+8.00% |
| 2001-12-31 | CN¥689.59 Million ≈ $100.91 Million |
+3.93% |
| 2000-12-31 | CN¥663.54 Million ≈ $97.10 Million |
+8.52% |
| 1999-12-31 | CN¥611.44 Million ≈ $89.47 Million |
+220.89% |
| 1998-12-31 | CN¥190.55 Million ≈ $27.88 Million |
+18.31% |
| 1997-12-31 | CN¥161.06 Million ≈ $23.57 Million |
+1.15% |
| 1996-12-31 | CN¥159.23 Million ≈ $23.30 Million |
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Equity Component Analysis
This analysis shows how different components contribute to China Resources and Environment 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 21510.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.69 Billion | 48.94% |
| Common Stock | CN¥1.11 Billion | 32.14% |
| Other Components | CN¥652.12 Million | 18.92% |
| Total Equity | CN¥3.45 Billion | 100.00% |
China Resources and Environment Co Ltd Competitors by Market Cap
The table below lists competitors of China Resources and Environment Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SKF India Limited
NSE:SKFINDIA
|
$916.93 Million |
|
Sun Create Electronics Co., Ltd
SHG:600990
|
$917.10 Million |
|
Dashang Co Ltd
SHG:600694
|
$917.10 Million |
|
Foshan Saturday Shoes Co Ltd
SHE:002291
|
$917.23 Million |
|
ASRock Inc
TW:3515
|
$916.66 Million |
|
Hunan Jingfeng Pharmaceutical
SHE:000908
|
$916.62 Million |
|
Intelbras S.A. - Indústria de Telecomunicação Eletrônica Brasileira
SA:INTB3
|
$916.53 Million |
|
Changzhou Tenglong Auto Parts
SHG:603158
|
$916.36 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China Resources and Environment Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,603,847,327 to 3,446,789,893, a change of 842,942,566 (32.4%).
- Net income of 22,472,408 contributed positively to equity growth.
- Dividend payments of 161,735,887 reduced retained earnings.
- Other comprehensive income decreased equity by 38,826,167.
- Other factors increased equity by 1,021,032,212.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥22.47 Million | +0.65% |
| Dividends Paid | CN¥161.74 Million | -4.69% |
| Other Comprehensive Income | CN¥-38.83 Million | -1.13% |
| Other Changes | CN¥1.02 Billion | +29.62% |
| Total Change | CN¥- | 32.37% |
Book Value vs Market Value Analysis
This analysis compares China Resources and Environment 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: 1.62x
- 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 15.68x to 1.62x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-12-31 | CN¥0.24 | CN¥3.78 | x |
| 1997-12-31 | CN¥0.24 | CN¥3.78 | x |
| 1998-12-31 | CN¥0.29 | CN¥3.78 | x |
| 1999-12-31 | CN¥0.93 | CN¥3.78 | x |
| 2000-12-31 | CN¥1.00 | CN¥3.78 | x |
| 2001-12-31 | CN¥1.04 | CN¥3.78 | x |
| 2002-12-31 | CN¥1.12 | CN¥3.78 | x |
| 2003-12-31 | CN¥1.21 | CN¥3.78 | x |
| 2004-12-31 | CN¥1.28 | CN¥3.78 | x |
| 2005-12-31 | CN¥1.05 | CN¥3.78 | x |
| 2006-12-31 | CN¥0.77 | CN¥3.78 | x |
| 2007-12-31 | CN¥0.61 | CN¥3.78 | x |
| 2008-12-31 | CN¥0.09 | CN¥3.78 | x |
| 2009-12-31 | CN¥-0.38 | CN¥3.78 | x |
| 2010-12-31 | CN¥0.39 | CN¥3.78 | x |
| 2011-12-31 | CN¥0.17 | CN¥3.78 | x |
| 2012-12-31 | CN¥0.18 | CN¥3.78 | x |
| 2013-12-31 | CN¥0.06 | CN¥3.78 | x |
| 2014-12-31 | CN¥-0.34 | CN¥3.78 | x |
| 2015-12-31 | CN¥0.87 | CN¥3.78 | x |
| 2016-12-31 | CN¥0.76 | CN¥3.78 | x |
| 2017-12-31 | CN¥1.23 | CN¥3.78 | x |
| 2018-12-31 | CN¥1.02 | CN¥3.78 | x |
| 2019-12-31 | CN¥1.30 | CN¥3.78 | x |
| 2020-12-31 | CN¥1.59 | CN¥3.78 | x |
| 2021-12-31 | CN¥1.74 | CN¥3.78 | x |
| 2022-12-31 | CN¥1.83 | CN¥3.78 | x |
| 2023-12-31 | CN¥1.88 | CN¥3.78 | x |
| 2024-12-31 | CN¥2.33 | CN¥3.78 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China Resources and Environment 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): 0.65%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.56%
- • Asset Turnover: 0.52x
- • Equity Multiplier: 2.26x
- Recent ROE (0.65%) is above the historical average (-22.47%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | 16.29% | 16.34% | 0.79x | 1.26x | CN¥10.01 Million |
| 1997 | 25.52% | 21.58% | 0.72x | 1.65x | CN¥24.99 Million |
| 1998 | 26.07% | 21.56% | 0.63x | 1.91x | CN¥30.63 Million |
| 1999 | 9.28% | 22.85% | 0.30x | 1.38x | CN¥-4.39 Million |
| 2000 | 9.34% | 15.63% | 0.40x | 1.49x | CN¥-4.41 Million |
| 2001 | 8.66% | 13.55% | 0.39x | 1.62x | CN¥-9.24 Million |
| 2002 | 6.14% | 9.05% | 0.39x | 1.75x | CN¥-28.56 Million |
| 2003 | 7.66% | 11.23% | 0.35x | 1.95x | CN¥-18.73 Million |
| 2004 | 6.65% | 8.95% | 0.36x | 2.07x | CN¥-28.23 Million |
| 2005 | -20.06% | -25.22% | 0.27x | 2.99x | CN¥-207.89 Million |
| 2006 | -34.60% | -22.10% | 0.41x | 3.80x | CN¥-227.76 Million |
| 2007 | 4.10% | 2.29% | 0.38x | 4.69x | CN¥-23.50 Million |
| 2008 | -534.46% | -48.42% | 0.40x | 27.38x | CN¥-339.64 Million |
| 2009 | 0.00% | -52.40% | 0.34x | 0.00x | CN¥-282.96 Million |
| 2010 | 116.65% | 35.70% | 0.54x | 6.10x | CN¥276.49 Million |
| 2011 | -149.22% | -29.07% | 0.32x | 16.23x | CN¥-176.63 Million |
| 2012 | 9.10% | 1.46% | 0.34x | 18.24x | CN¥-1.10 Million |
| 2013 | -289.00% | -14.67% | 0.36x | 55.12x | CN¥-121.08 Million |
| 2014 | 0.00% | -37.12% | 0.33x | 0.00x | CN¥-229.32 Million |
| 2015 | 19.99% | 10.90% | 0.66x | 2.78x | CN¥87.54 Million |
| 2016 | 14.58% | 10.51% | 0.44x | 3.14x | CN¥46.99 Million |
| 2017 | 12.94% | 9.31% | 0.48x | 2.87x | CN¥49.38 Million |
| 2018 | 22.31% | 10.08% | 0.67x | 3.28x | CN¥174.41 Million |
| 2019 | 22.25% | 12.28% | 0.57x | 3.17x | CN¥221.25 Million |
| 2020 | 19.88% | 13.14% | 0.54x | 2.80x | CN¥217.55 Million |
| 2021 | 12.50% | 8.70% | 0.48x | 2.98x | CN¥60.32 Million |
| 2022 | 2.51% | 2.04% | 0.43x | 2.89x | CN¥-190.00 Million |
| 2023 | 2.54% | 1.79% | 0.49x | 2.90x | CN¥-194.20 Million |
| 2024 | 0.65% | 0.56% | 0.52x | 2.26x | CN¥-322.21 Million |
Industry Comparison
This section compares China Resources and Environment Co Ltd's net assets metrics with peer companies in the Waste Management industry.
Industry Context
- Industry: Waste Management
- Average net assets among peers: $3,067,859,741
- Average return on equity (ROE) among peers: 8.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China Resources and Environment Co Ltd (600217) | CN¥3.08 Billion | 16.29% | 1.16x | $916.90 Million |
| China Tianying Inc (000035) | $2.06 Billion | 10.27% | 1.91x | $2.28 Billion |
| HeiLongJiang Kingland Technology Co Ltd (000711) | $325.53 Million | -9.31% | 0.66x | $2.06 Billion |
| BECE Legend Group Co Ltd (000803) | $152.97 Million | 2.06% | 0.80x | $599.78 Million |
| Tus-Sound Environmental Resources Co Ltd (000826) | $130.73 Million | 28.96% | 1.01x | $408.81 Million |
| Wangneng Environment Co Ltd (002034) | $424.84 Million | 9.00% | 0.73x | $1.11 Billion |
| Beijing Orient Landscape Co Ltd (002310) | $12.65 Billion | 0.13% | 2.35x | $2.69 Billion |
| GEM Co Ltd (002340) | $10.22 Billion | 7.14% | 1.44x | $6.83 Billion |
| Dongjiang Environmental Co Ltd (002672) | $2.45 Billion | 8.50% | 0.33x | $585.42 Million |
| Qiaoyin Environmental Tech Co Ltd (002973) | $462.58 Million | 21.52% | 0.41x | $752.89 Million |
| Tongxing Environmental Protection (003027) | $1.79 Billion | 6.69% | 0.51x | $453.74 Million |
About China Resources and Environment Co Ltd
China Resources and Environment Co.,Ltd., together with its subsidiaries, engages in the recycling and dismantling of waste electrical and electronic products in China. It primarily recycles televisions, washing machines, refrigerators, air conditioners, and computers. The company is also involved recycling and dismantling of waste electricity and the integrated disposal of solid waste in industr… Read more