Qian Jiang Water Resources Development Co Ltd (600283) - Net Assets

Latest as of September 2025: CN¥3.85 Billion CNY ≈ $562.85 Million USD

Based on the latest financial reports, Qian Jiang Water Resources Development Co Ltd (600283) has net assets worth CN¥3.85 Billion CNY (≈ $562.85 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¥9.79 Billion ≈ $1.43 Billion USD) and total liabilities (CN¥5.94 Billion ≈ $869.86 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 600283 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥3.85 Billion
% of Total Assets	39.29%
Annual Growth Rate	10.05%
5-Year Change	48.59%
10-Year Change	104.16%
Growth Volatility	35.24

Qian Jiang Water Resources Development Co Ltd - Net Assets Trend (1998–2024)

This chart illustrates how Qian Jiang Water Resources Development Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Qian Jiang Water Resources Development C balance sheet assets for the complete picture of this company's asset base.

Annual Net Assets for Qian Jiang Water Resources Development Co Ltd (1998–2024)

The table below shows the annual net assets of Qian Jiang Water Resources Development Co Ltd from 1998 to 2024. For live valuation and market cap data, see how much is Qian Jiang Water Resources Development C worth.

Year	Net Assets	Change
2024-12-31	CN¥3.78 Billion ≈ $553.72 Million	+24.81%
2023-12-31	CN¥3.03 Billion ≈ $443.63 Million	+6.13%
2022-12-31	CN¥2.86 Billion ≈ $418.00 Million	+6.72%
2021-12-31	CN¥2.68 Billion ≈ $391.69 Million	+5.11%
2020-12-31	CN¥2.55 Billion ≈ $372.65 Million	+8.26%
2019-12-31	CN¥2.35 Billion ≈ $344.20 Million	+4.02%
2018-12-31	CN¥2.26 Billion ≈ $330.90 Million	+2.68%
2017-12-31	CN¥2.20 Billion ≈ $322.28 Million	+19.70%
2016-12-31	CN¥1.84 Billion ≈ $269.23 Million	-0.73%
2015-12-31	CN¥1.85 Billion ≈ $271.21 Million	+74.22%
2014-12-31	CN¥1.06 Billion ≈ $155.68 Million	+0.86%
2013-12-31	CN¥1.05 Billion ≈ $154.35 Million	-3.03%
2012-12-31	CN¥1.09 Billion ≈ $159.16 Million	-6.10%
2011-12-31	CN¥1.16 Billion ≈ $169.50 Million	-15.33%
2010-12-31	CN¥1.37 Billion ≈ $200.20 Million	+12.18%
2009-12-31	CN¥1.22 Billion ≈ $178.46 Million	-0.25%
2008-12-31	CN¥1.22 Billion ≈ $178.91 Million	+5.91%
2007-12-31	CN¥1.15 Billion ≈ $168.92 Million	-8.58%
2006-12-31	CN¥1.26 Billion ≈ $184.77 Million	+12.55%
2005-12-31	CN¥1.12 Billion ≈ $164.18 Million	+14.83%
2004-12-31	CN¥977.11 Million ≈ $142.98 Million	-1.47%
2003-12-31	CN¥991.72 Million ≈ $145.12 Million	+5.89%
2002-12-31	CN¥936.59 Million ≈ $137.05 Million	+5.56%
2001-12-31	CN¥887.29 Million ≈ $129.84 Million	+5.10%
2000-12-31	CN¥844.20 Million ≈ $123.53 Million	+171.07%
1999-12-31	CN¥311.43 Million ≈ $45.57 Million	-0.77%
1998-12-31	CN¥313.86 Million ≈ $45.93 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Qian Jiang Water Resources Development 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 7240.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥856.88 Million	27.98%
Common Stock	CN¥560.82 Million	18.31%
Other Components	CN¥1.64 Billion	53.70%
Total Equity	CN¥3.06 Billion	100.00%

Qian Jiang Water Resources Development Co Ltd Competitors by Market Cap

The table below lists competitors of Qian Jiang Water Resources Development Co Ltd ranked by their market capitalization.

Company	Market Cap
Jilin Yatai Group Co Ltd SHG:600881	$756.74 Million
Mega First Corporation Bhd KLSE:3069	$757.08 Million
Sumber Tani Agung Resources Tbk PT JK:STAA	$757.09 Million
Jiangsu Alcha Aluminium Co Ltd SHE:002160	$757.15 Million
Cicor Technologies Ltd SW:CICN	$756.65 Million
Alok Industries Limited NSE:ALOKINDS	$756.59 Million
Zhejiang Noblelift Equip SHG:603611	$756.54 Million
Qurient Co. Ltd KQ:115180	$756.47 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Qian Jiang Water Resources Development Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 2,353,343,390 to 3,062,157,342, a change of 708,813,952 (30.1%).
Net income of 215,243,076 contributed positively to equity growth.
Dividend payments of 161,309,224 reduced retained earnings.
Other factors increased equity by 654,880,100.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥215.24 Million	+7.03%
Dividends Paid	CN¥161.31 Million	-5.27%
Other Changes	CN¥654.88 Million	+21.39%
Total Change	CN¥-	30.12%

Book Value vs Market Value Analysis

This analysis compares Qian Jiang Water Resources Development 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: 1.51x
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 8.21x to 1.51x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
1998-12-31	CN¥1.12	CN¥9.22	x
1999-12-31	CN¥1.11	CN¥9.22	x
2000-12-31	CN¥3.02	CN¥9.22	x
2001-12-31	CN¥3.06	CN¥9.22	x
2002-12-31	CN¥3.08	CN¥9.22	x
2003-12-31	CN¥3.18	CN¥9.22	x
2004-12-31	CN¥3.19	CN¥9.22	x
2005-12-31	CN¥3.24	CN¥9.22	x
2006-12-31	CN¥3.15	CN¥9.22	x
2007-12-31	CN¥3.64	CN¥9.22	x
2008-12-31	CN¥3.36	CN¥9.22	x
2009-12-31	CN¥3.48	CN¥9.22	x
2010-12-31	CN¥3.90	CN¥9.22	x
2011-12-31	CN¥3.41	CN¥9.22	x
2012-12-31	CN¥3.05	CN¥9.22	x
2013-12-31	CN¥2.44	CN¥9.22	x
2014-12-31	CN¥2.35	CN¥9.22	x
2015-12-31	CN¥3.69	CN¥9.22	x
2016-12-31	CN¥3.56	CN¥9.22	x
2017-12-31	CN¥3.77	CN¥9.22	x
2018-12-31	CN¥3.57	CN¥9.22	x
2019-12-31	CN¥3.69	CN¥9.22	x
2020-12-31	CN¥3.99	CN¥9.22	x
2021-12-31	CN¥4.24	CN¥9.22	x
2022-12-31	CN¥4.47	CN¥9.22	x
2023-12-31	CN¥4.74	CN¥9.22	x
2024-12-31	CN¥6.12	CN¥9.22	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Qian Jiang Water Resources Development 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): 7.03%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 9.27%
• Asset Turnover: 0.23x
• Equity Multiplier: 3.37x
Recent ROE (7.03%) is above the historical average (5.77%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
1998	17.91%	38.73%	0.30x	1.53x	CN¥24.82 Million
1999	19.80%	39.72%	0.28x	1.80x	CN¥30.51 Million
2000	5.37%	31.08%	0.11x	1.60x	CN¥-39.06 Million
2001	6.15%	31.90%	0.14x	1.39x	CN¥-32.95 Million
2002	5.65%	19.36%	0.16x	1.82x	CN¥-37.41 Million
2003	3.24%	13.21%	0.14x	1.76x	CN¥-60.11 Million
2004	1.85%	10.50%	0.10x	1.84x	CN¥-72.60 Million
2005	2.43%	8.99%	0.13x	2.11x	CN¥-68.51 Million
2006	2.60%	6.67%	0.16x	2.45x	CN¥-68.92 Million
2007	3.30%	8.67%	0.20x	1.94x	CN¥-68.23 Million
2008	4.85%	12.82%	0.15x	2.57x	CN¥-50.43 Million
2009	5.47%	8.63%	0.22x	2.84x	CN¥-44.60 Million
2010	10.53%	19.67%	0.20x	2.63x	CN¥5.88 Million
2011	7.63%	13.09%	0.20x	2.97x	CN¥-23.25 Million
2012	1.96%	2.69%	0.20x	3.59x	CN¥-74.59 Million
2013	2.05%	2.56%	0.20x	3.91x	CN¥-73.03 Million
2014	1.82%	2.20%	0.19x	4.40x	CN¥-79.46 Million
2015	2.32%	5.13%	0.15x	2.95x	CN¥-136.35 Million
2016	3.41%	7.23%	0.15x	3.16x	CN¥-113.79 Million
2017	3.98%	7.40%	0.20x	2.65x	CN¥-109.88 Million
2018	3.20%	5.43%	0.21x	2.79x	CN¥-122.97 Million
2019	2.32%	3.67%	0.23x	2.78x	CN¥-142.52 Million
2020	6.99%	10.54%	0.23x	2.90x	CN¥-59.81 Million
2021	7.24%	9.80%	0.24x	3.07x	CN¥-57.37 Million
2022	7.83%	9.44%	0.27x	3.13x	CN¥-47.65 Million
2023	8.73%	9.25%	0.29x	3.25x	CN¥-29.77 Million
2024	7.03%	9.27%	0.23x	3.37x	CN¥-90.97 Million

Industry Comparison

This section compares Qian Jiang Water Resources Development 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: $2,765,618,484
Average return on equity (ROE) among peers: 4.55%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Qian Jiang Water Resources Development Co Ltd (600283)	CN¥3.85 Billion	17.91%	1.55x	$756.65 Million
Chengdu Xingrong Investment Co Ltd (000598)	$238.12 Million	14.44%	0.09x	$2.94 Billion
Bohai Water Industry Co Ltd (000605)	$2.81 Billion	0.72%	2.09x	$372.59 Million
Zhongshan Public Utilities Group Co Ltd (000685)	$12.35 Billion	8.77%	0.29x	$2.52 Billion
Guangdong Shunkong Development Co Ltd (003039)	$1.62 Billion	3.21%	0.84x	$1.32 Billion
Gansu Dayu Water saving Group (300021)	$426.20 Million	7.03%	1.63x	$671.72 Million
Beijing Water Business Doctor (300055)	$5.47 Billion	-3.49%	0.32x	$1.37 Billion
BGT Group Co. Ltd. (300774)	$1.52 Billion	2.16%	0.65x	$1.06 Billion
Hynar Water Group Co. Ltd. (300961)	$1.03 Billion	-3.41%	1.69x	$357.74 Million
Shenzhen Water Planning & Design Institute Co. Ltd. (301038)	$561.95 Million	12.56%	1.13x	$656.14 Million
Wuhan Sanzhen Industry Holding Co Ltd (600168)	$1.63 Billion	3.49%	0.95x	$735.55 Million

About Qian Jiang Water Resources Development Co Ltd

SHG:600283 China Utilities - Regulated Water

Market Cap

$756.65 Million

CN¥5.17 Billion CNY

Market Cap Rank

#10547 Global

#3096 in China

Share Price

CN¥9.22

Change (1 day)

+0.22%

52-Week Range

CN¥8.89 - CN¥10.84

All Time High

CN¥21.50