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

Latest as of March 2026: CN¥3.94 Billion CNY ≈ $576.99 Million USD

Based on the latest financial reports, Qian Jiang Water Resources Development Co Ltd (600283) has net assets worth CN¥3.94 Billion CNY (≈ $576.99 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¥9.58 Billion ≈ $1.40 Billion USD) and total liabilities (CN¥5.63 Billion ≈ $824.33 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 Qian Jiang Water Resources Development C (600283) total assets for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥3.94 Billion
% of Total Assets	41.17%
Annual Growth Rate	9.77%
5-Year Change	45.21%
10-Year Change	111.26%
Growth Volatility	34.64

Qian Jiang Water Resources Development Co Ltd - Net Assets Trend (1998–2025)

This chart illustrates how Qian Jiang Water Resources Development Co Ltd's net assets have evolved over time, based on quarterly financial data. Check Qian Jiang Water Resources Development C (600283) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Annual Net Assets for Qian Jiang Water Resources Development Co Ltd (1998–2025)

The table below shows the annual net assets of Qian Jiang Water Resources Development Co Ltd from 1998 to 2025. For live valuation and market cap data, see 600283 company net worth.

Year	Net Assets	Change
2025-12-31	CN¥3.89 Billion ≈ $568.76 Million	+2.72%
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 7730.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥914.11 Million	29.10%
Other Components	CN¥2.23 Billion	70.90%
Total Equity	CN¥3.14 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
Guoguang Electric Co Ltd SHE:002045	$624.73 Million
Climb Bio Inc NASDAQ:CLYM	$624.74 Million
Hainan Shennong Technology Co Ltd SHE:300189	$624.85 Million
Hindustan Construction Company Limited NSE:HCC	$624.93 Million
AMN Healthcare Services Inc NYSE:AMN	$624.22 Million
UWM Holdings Corp NYSE:UWMC	$624.17 Million
CTO Realty Growth Inc NYSE:CTO	$623.55 Million
Hunan Yussen Energy Technology SHE:002986	$623.54 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 2024 to 2025, total equity changed from 3,062,157,342 to 3,140,904,828, a change of 78,747,486 (2.6%).
Net income of 216,072,346 contributed positively to equity growth.
Dividend payments of 235,714,088 reduced retained earnings.
Other factors increased equity by 98,389,228.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥216.07 Million	+6.88%
Dividends Paid	CN¥235.71 Million	-7.5%
Other Changes	CN¥98.39 Million	+3.13%
Total Change	CN¥-	2.57%

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: 1.36x
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 6.78x to 1.36x 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¥7.61	x
1999-12-31	CN¥1.11	CN¥7.61	x
2000-12-31	CN¥3.02	CN¥7.61	x
2001-12-31	CN¥3.06	CN¥7.61	x
2002-12-31	CN¥3.08	CN¥7.61	x
2003-12-31	CN¥3.18	CN¥7.61	x
2004-12-31	CN¥3.19	CN¥7.61	x
2005-12-31	CN¥3.24	CN¥7.61	x
2006-12-31	CN¥3.15	CN¥7.61	x
2007-12-31	CN¥3.64	CN¥7.61	x
2008-12-31	CN¥3.36	CN¥7.61	x
2009-12-31	CN¥3.48	CN¥7.61	x
2010-12-31	CN¥3.90	CN¥7.61	x
2011-12-31	CN¥3.41	CN¥7.61	x
2012-12-31	CN¥3.05	CN¥7.61	x
2013-12-31	CN¥2.44	CN¥7.61	x
2014-12-31	CN¥2.35	CN¥7.61	x
2015-12-31	CN¥3.69	CN¥7.61	x
2016-12-31	CN¥3.56	CN¥7.61	x
2017-12-31	CN¥3.77	CN¥7.61	x
2018-12-31	CN¥3.57	CN¥7.61	x
2019-12-31	CN¥3.69	CN¥7.61	x
2020-12-31	CN¥3.99	CN¥7.61	x
2021-12-31	CN¥4.24	CN¥7.61	x
2022-12-31	CN¥4.47	CN¥7.61	x
2023-12-31	CN¥4.74	CN¥7.61	x
2024-12-31	CN¥6.12	CN¥7.61	x
2025-12-31	CN¥5.60	CN¥7.61	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): 6.88%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 8.46%
• Asset Turnover: 0.27x
• Equity Multiplier: 3.05x
Recent ROE (6.88%) is above the historical average (5.81%), 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
2025	6.88%	8.46%	0.27x	3.05x	CN¥-98.02 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: $1,412,643,001
Average return on equity (ROE) among peers: 1.98%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Qian Jiang Water Resources Development Co Ltd (600283)	CN¥3.94 Billion	17.91%	1.43x	$624.52 Million
Chengdu Xingrong Investment Co Ltd (000598)	$802.49 Million	7.22%	0.31x	$3.17 Billion
Bohai Water Industry Co Ltd (000605)	$114.09 Million	10.21%	0.69x	$268.35 Million
Zhongshan Public Utilities Group Co Ltd (000685)	$333.75 Million	3.46%	0.14x	$2.30 Billion
Guangdong Shunkong Development Co Ltd (003039)	$3.66 Billion	7.33%	0.97x	$1.03 Billion
Gansu Dayu Water saving Group (300021)	$542.67 Million	11.31%	2.12x	$549.05 Million
Beijing Water Business Doctor (300055)	$1.67 Billion	4.52%	0.26x	$648.95 Million
BGT Group Co. Ltd. (300774)	$1.52 Billion	2.16%	0.65x	$535.34 Million
Hynar Water Group Co. Ltd. (300961)	$598.01 Million	-29.77%	3.14x	$237.63 Million
Shenzhen Water Planning & Design Institute Co. Ltd. (301038)	$870.50 Million	-3.37%	1.10x	$471.70 Million
Wuhan Sanzhen Industry Holding Co Ltd (600168)	$4.01 Billion	6.78%	0.79x	$607.63 Million

About Qian Jiang Water Resources Development Co Ltd

SHG:600283 China Utilities - Regulated Water

Market Cap

$624.52 Million

CN¥4.27 Billion CNY

Market Cap Rank

#10898 Global

#2877 in China

Share Price

CN¥7.61

Change (1 day)

-0.52%

52-Week Range

CN¥7.57 - CN¥10.55

All Time High

CN¥21.50