Jiangxi Ganyue Expressway Co Ltd

SHG:600269 China Infrastructure Operations
Market Cap
$1.59 Billion
CN¥11.68 Billion CNY
Market Cap Rank
#8485 Global
#1619 in China
Share Price
CN¥5.00
Change (1 day)
-0.40%
52-Week Range
CN¥4.70 - CN¥5.56
All Time High
CN¥5.69
Categories
Companies in China Infrastructure Operations
About

Jiangxi Ganyue Expressway CO.,LTD., together with its subsidiaries, engages in highway operations, smart transportation, and industrial and financial investment in China. It operates through Expressway Toll Service, Engineering Construction, Refined Oil Sales, Property Development, and Other Operations segments. The company operates eight expressways, including Changjiu Expressway, Changzhang Exp… Read more

Jiangxi Ganyue Expressway Co Ltd (600269) - Net Assets

Latest net assets as of September 2025: CN¥21.80 Billion CNY

Based on the latest financial reports, Jiangxi Ganyue Expressway Co Ltd (600269) has net assets worth CN¥21.80 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¥38.30 Billion) and total liabilities (CN¥16.49 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¥21.80 Billion
% of Total Assets 56.94%
Annual Growth Rate 12.21%
5-Year Change 15.89%
10-Year Change 42.66%
Growth Volatility 26.03

Jiangxi Ganyue Expressway Co Ltd - Net Assets Trend (1997–2024)

This chart illustrates how Jiangxi Ganyue Expressway 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 Jiangxi Ganyue Expressway Co Ltd (1997–2024)

The table below shows the annual net assets of Jiangxi Ganyue Expressway Co Ltd from 1997 to 2024.

Year Net Assets Change
2024-12-31 CN¥20.57 Billion +5.34%
2023-12-31 CN¥19.52 Billion +4.34%
2022-12-31 CN¥18.71 Billion +3.21%
2021-12-31 CN¥18.13 Billion +2.16%
2020-12-31 CN¥17.75 Billion +4.01%
2019-12-31 CN¥17.06 Billion +5.43%
2018-12-31 CN¥16.18 Billion +0.98%
2017-12-31 CN¥16.03 Billion +2.19%
2016-12-31 CN¥15.68 Billion +8.79%
2015-12-31 CN¥14.42 Billion +1.70%
2014-12-31 CN¥14.18 Billion +6.36%
2013-12-31 CN¥13.33 Billion +2.28%
2012-12-31 CN¥13.03 Billion +21.90%
2011-12-31 CN¥10.69 Billion +7.13%
2010-12-31 CN¥9.98 Billion +6.60%
2009-12-31 CN¥9.36 Billion +21.40%
2008-12-31 CN¥7.71 Billion +14.05%
2007-12-31 CN¥6.76 Billion +16.15%
2006-12-31 CN¥5.82 Billion +37.68%
2005-12-31 CN¥4.23 Billion -14.39%
2004-12-31 CN¥4.94 Billion +8.94%
2003-12-31 CN¥4.53 Billion +33.53%
2002-12-31 CN¥3.39 Billion +16.23%
2001-12-31 CN¥2.92 Billion +3.87%
2000-12-31 CN¥2.81 Billion +134.75%
1999-12-31 CN¥1.20 Billion +2.31%
1998-12-31 CN¥1.17 Billion +27.62%
1997-12-31 CN¥917.44 Million --

Equity Component Analysis

This analysis shows how different components contribute to Jiangxi Ganyue Expressway 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 1250164808800.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥12.50 Billion 66.99%
Common Stock CN¥2.34 Billion 12.51%
Other Comprehensive Income CN¥2.95 Billion 15.79%
Other Components CN¥877.39 Million 4.70%
Total Equity CN¥18.66 Billion 100.00%

Jiangxi Ganyue Expressway Co Ltd Competitors by Market Cap

The table below lists competitors of Jiangxi Ganyue Expressway Co Ltd ranked by their market capitalization.

Company Market Cap
Nagarro SE
PINK:NGRRF
 		$749.34 Million
Jinzi Ham Co Ltd
SHE:002515
 		$749.68 Million
Core Laboratories NV
NYSE:CLB
 		$750.49 Million
Maanshan Iron & Steel Company Limited
PINK:MAANF
 		$751.18 Million
ZWSOFT Guangzhou Co Ltd
SHG:688083
 		$748.47 Million
Mitchells & Butlers plc
PINK:MBPFF
 		$748.30 Million
Parex Resources Inc
PINK:PARXF
 		$748.26 Million
Chemtrade Logistics Income Fund
PINK:CGIFF
 		$748.14 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Jiangxi Ganyue Expressway Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 17,659,653,075 to 18,661,459,855, a change of 1,001,806,780 (5.7%).
  • Net income of 1,279,193,041 contributed positively to equity growth.
  • Dividend payments of 699,125,050 reduced retained earnings.
  • Other comprehensive income increased equity by 2,944,476,585.
  • Other factors decreased equity by 2,522,737,796.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥1.28 Billion +6.85%
Dividends Paid CN¥699.13 Million -3.75%
Other Comprehensive Income CN¥2.94 Billion +15.78%
Other Changes CN¥-2.52 Billion -13.52%
Total Change CN¥- 5.67%

Book Value vs Market Value Analysis

This analysis compares Jiangxi Ganyue Expressway 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: 0.62x
  • 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 8.50x to 0.62x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1997-12-31 CN¥0.59 CN¥5.00 x
1998-12-31 CN¥0.75 CN¥5.00 x
1999-12-31 CN¥0.77 CN¥5.00 x
2000-12-31 CN¥1.62 CN¥5.00 x
2001-12-31 CN¥1.69 CN¥5.00 x
2002-12-31 CN¥1.99 CN¥5.00 x
2003-12-31 CN¥2.11 CN¥5.00 x
2004-12-31 CN¥2.30 CN¥5.00 x
2005-12-31 CN¥2.45 CN¥5.00 x
2006-12-31 CN¥2.32 CN¥5.00 x
2007-12-31 CN¥2.68 CN¥5.00 x
2008-12-31 CN¥3.07 CN¥5.00 x
2009-12-31 CN¥3.78 CN¥5.00 x
2010-12-31 CN¥4.02 CN¥5.00 x
2011-12-31 CN¥4.24 CN¥5.00 x
2012-12-31 CN¥4.69 CN¥5.00 x
2013-12-31 CN¥4.89 CN¥5.00 x
2014-12-31 CN¥5.33 CN¥5.00 x
2015-12-31 CN¥5.41 CN¥5.00 x
2016-12-31 CN¥6.02 CN¥5.00 x
2017-12-31 CN¥6.25 CN¥5.00 x
2018-12-31 CN¥6.31 CN¥5.00 x
2019-12-31 CN¥6.73 CN¥5.00 x
2020-12-31 CN¥6.81 CN¥5.00 x
2021-12-31 CN¥6.98 CN¥5.00 x
2022-12-31 CN¥7.21 CN¥5.00 x
2023-12-31 CN¥7.50 CN¥5.00 x
2024-12-31 CN¥8.02 CN¥5.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Jiangxi Ganyue Expressway 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): 6.85%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 21.37%
  • • Asset Turnover: 0.16x
  • • Equity Multiplier: 1.99x
  • Recent ROE (6.85%) is below the historical average (9.23%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1997 15.28% 71.49% 0.13x 1.62x CN¥48.48 Million
1998 13.32% 69.51% 0.13x 1.46x CN¥38.92 Million
1999 13.93% 70.91% 0.14x 1.44x CN¥47.04 Million
2000 6.97% 62.18% 0.07x 1.58x CN¥-76.37 Million
2001 6.81% 46.29% 0.09x 1.55x CN¥-84.08 Million
2002 6.11% 40.75% 0.10x 1.46x CN¥-120.62 Million
2003 5.67% 30.24% 0.10x 1.94x CN¥-142.48 Million
2004 10.29% 35.81% 0.16x 1.85x CN¥10.54 Million
2005 10.42% 30.45% 0.20x 1.72x CN¥16.12 Million
2006 15.27% 45.14% 0.16x 2.12x CN¥284.35 Million
2007 17.44% 45.91% 0.21x 1.85x CN¥467.89 Million
2008 15.30% 35.52% 0.25x 1.70x CN¥379.69 Million
2009 14.04% 37.78% 0.22x 1.68x CN¥353.54 Million
2010 13.44% 31.58% 0.21x 1.99x CN¥321.48 Million
2011 11.08% 28.07% 0.17x 2.30x CN¥108.26 Million
2012 10.66% 32.88% 0.14x 2.34x CN¥72.03 Million
2013 5.72% 16.70% 0.14x 2.46x CN¥-489.03 Million
2014 5.63% 17.04% 0.13x 2.50x CN¥-539.14 Million
2015 5.55% 12.94% 0.18x 2.42x CN¥-571.32 Million
2016 7.31% 22.78% 0.14x 2.25x CN¥-382.43 Million
2017 6.72% 22.70% 0.13x 2.33x CN¥-479.45 Million
2018 7.92% 25.70% 0.14x 2.22x CN¥-308.42 Million
2019 7.08% 22.08% 0.14x 2.23x CN¥-459.42 Million
2020 3.31% 10.40% 0.14x 2.22x CN¥-1.06 Billion
2021 5.48% 13.88% 0.18x 2.15x CN¥-736.84 Million
2022 4.14% 10.30% 0.20x 2.06x CN¥-987.07 Million
2023 6.67% 15.71% 0.21x 2.03x CN¥-588.66 Million
2024 6.85% 21.37% 0.16x 1.99x CN¥-586.95 Million

Industry Comparison

This section compares Jiangxi Ganyue Expressway Co Ltd's net assets metrics with peer companies in the Infrastructure Operations industry.

Industry Context

  • Industry: Infrastructure Operations
  • Average net assets among peers: $11,739,398,796
  • Average return on equity (ROE) among peers: 1.09%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Jiangxi Ganyue Expressway Co Ltd (600269) CN¥21.80 Billion 15.28% 0.76x $749.09 Million
Shanxi Sanwei Group Co Ltd (000755) $4.95 Billion 9.26% 1.57x $239.87 Million
Dongguan Development Holdings Co Ltd (000828) $2.67 Billion 6.91% 0.56x $469.41 Million
City Development Environment Co Ltd (000885) $103.40 Million -76.39% 3.38x $431.18 Million
Xiandai Investment Co Ltd (000900) $5.14 Billion 16.00% 0.56x $475.65 Million
Merchant Express Class A (001965) $63.32 Billion 7.85% 0.55x $2.91 Billion
Shandong Sunway Petrochemical Engineering Co Ltd (002469) $2.87 Billion 9.16% 0.26x $626.47 Million
Xinjiang Communications Construction Group Co Ltd Class A (002941) $2.50 Billion 14.14% 3.06x $839.14 Million
Guangdong Provincial Expressway Development Co Ltd (200429) $12.41 Billion 13.17% 0.72x $1.13 Billion
Henan Zhongyuan Expressway Co Ltd (600020) $11.21 Billion 7.13% 3.47x $484.63 Million
Fujian Expressway Development Co Ltd (600033) $12.23 Billion 3.70% 0.32x $626.53 Million