Hubei Sanxia New Building Materials Co Ltd (600293) - Net Assets
Based on the latest financial reports, Hubei Sanxia New Building Materials Co Ltd (600293) has net assets worth CN¥1.83 Billion CNY (≈ $267.15 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¥3.30 Billion ≈ $483.23 Million USD) and total liabilities (CN¥1.48 Billion ≈ $216.08 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 financial resilience of Hubei Sanxia New Building Materials Co L to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.83 Billion |
| % of Total Assets | 55.28% |
| Annual Growth Rate | 7.93% |
| 5-Year Change | -6.84% |
| 10-Year Change | 173.53% |
| Growth Volatility | 83.52 |
Hubei Sanxia New Building Materials Co Ltd - Net Assets Trend (1997–2024)
This chart illustrates how Hubei Sanxia New Building Materials Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Hubei Sanxia New Building Materials Co L (600293) total assets for the complete picture of this company's asset base.
Annual Net Assets for Hubei Sanxia New Building Materials Co Ltd (1997–2024)
The table below shows the annual net assets of Hubei Sanxia New Building Materials Co Ltd from 1997 to 2024. For live valuation and market cap data, see market cap of Hubei Sanxia New Building Materials Co L.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.87 Billion ≈ $274.10 Million |
+1.57% |
| 2023-12-31 | CN¥1.84 Billion ≈ $269.85 Million |
+2.02% |
| 2022-12-31 | CN¥1.81 Billion ≈ $264.52 Million |
-15.30% |
| 2021-12-31 | CN¥2.13 Billion ≈ $312.31 Million |
+6.15% |
| 2020-12-31 | CN¥2.01 Billion ≈ $294.22 Million |
-50.02% |
| 2019-12-31 | CN¥4.02 Billion ≈ $588.68 Million |
+1.88% |
| 2018-12-31 | CN¥3.95 Billion ≈ $577.79 Million |
+4.05% |
| 2017-12-31 | CN¥3.79 Billion ≈ $555.30 Million |
+11.00% |
| 2016-12-31 | CN¥3.42 Billion ≈ $500.29 Million |
+399.25% |
| 2015-12-31 | CN¥684.80 Million ≈ $100.21 Million |
-9.19% |
| 2014-12-31 | CN¥754.08 Million ≈ $110.35 Million |
+1.52% |
| 2013-12-31 | CN¥742.76 Million ≈ $108.69 Million |
+3.37% |
| 2012-12-31 | CN¥718.53 Million ≈ $105.14 Million |
+0.15% |
| 2011-12-31 | CN¥717.42 Million ≈ $104.98 Million |
-5.72% |
| 2010-12-31 | CN¥760.96 Million ≈ $111.35 Million |
+7.73% |
| 2009-12-31 | CN¥706.35 Million ≈ $103.36 Million |
+3.17% |
| 2008-12-31 | CN¥684.63 Million ≈ $100.18 Million |
-10.42% |
| 2007-12-31 | CN¥764.27 Million ≈ $111.84 Million |
+0.86% |
| 2006-12-31 | CN¥757.78 Million ≈ $110.89 Million |
-4.13% |
| 2005-12-31 | CN¥790.42 Million ≈ $115.66 Million |
+5.61% |
| 2004-12-31 | CN¥748.44 Million ≈ $109.52 Million |
+2.41% |
| 2003-12-31 | CN¥730.81 Million ≈ $106.94 Million |
-2.02% |
| 2002-12-31 | CN¥745.88 Million ≈ $109.15 Million |
+3.44% |
| 2001-12-31 | CN¥721.11 Million ≈ $105.52 Million |
-5.76% |
| 2000-12-31 | CN¥765.17 Million ≈ $111.97 Million |
+192.05% |
| 1999-12-31 | CN¥262.00 Million ≈ $38.34 Million |
+6.48% |
| 1998-12-31 | CN¥246.06 Million ≈ $36.01 Million |
+3.08% |
| 1997-12-31 | CN¥238.72 Million ≈ $34.93 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Hubei Sanxia New Building Materials 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 160333146634.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥1.16 Billion | 66.52% |
| Other Comprehensive Income | CN¥163.13 Million | 9.35% |
| Other Components | CN¥2.03 Billion | 116.20% |
| Total Equity | CN¥1.74 Billion | 100.00% |
Hubei Sanxia New Building Materials Co Ltd Competitors by Market Cap
The table below lists competitors of Hubei Sanxia New Building Materials Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Octopus Apollo VCT PLC
LSE:OAP3
|
$543.26 Million |
|
Martinrea International Inc.
TO:MRE
|
$543.39 Million |
|
Tianjin Pengling Rubber Hose Co Ltd
SHE:300375
|
$543.64 Million |
|
Cars.com Inc
NYSE:CARS
|
$543.70 Million |
|
Shanghai Shen Lian Biomedical Corp
SHG:688098
|
$543.21 Million |
|
Cytek Biosciences Inc
NASDAQ:CTKB
|
$542.48 Million |
|
Hangzhou Guotai Environmental Protection Technology Co. Ltd. A
SHE:301203
|
$542.48 Million |
|
Vinci Partners Investments Ltd
NASDAQ:VINP
|
$542.42 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hubei Sanxia New Building Materials Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,718,595,706 to 1,744,164,082, a change of 25,568,376 (1.5%).
- Net income of 12,563,659 contributed positively to equity growth.
- Dividend payments of 32,082,260 reduced retained earnings.
- Other comprehensive income increased equity by 15,468,666.
- Other factors increased equity by 29,618,311.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥12.56 Million | +0.72% |
| Dividends Paid | CN¥32.08 Million | -1.84% |
| Other Comprehensive Income | CN¥15.47 Million | +0.89% |
| Other Changes | CN¥29.62 Million | +1.7% |
| Total Change | CN¥- | 1.49% |
Book Value vs Market Value Analysis
This analysis compares Hubei Sanxia New Building Materials 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: 2.31x
- 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 7.30x to 2.31x 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¥0.44 | CN¥3.20 | x |
| 1998-12-31 | CN¥0.45 | CN¥3.20 | x |
| 1999-12-31 | CN¥0.48 | CN¥3.20 | x |
| 2000-12-31 | CN¥1.40 | CN¥3.20 | x |
| 2001-12-31 | CN¥1.39 | CN¥3.20 | x |
| 2002-12-31 | CN¥2.31 | CN¥3.20 | x |
| 2003-12-31 | CN¥2.26 | CN¥3.20 | x |
| 2004-12-31 | CN¥2.31 | CN¥3.20 | x |
| 2005-12-31 | CN¥2.32 | CN¥3.20 | x |
| 2006-12-31 | CN¥1.45 | CN¥3.20 | x |
| 2007-12-31 | CN¥1.46 | CN¥3.20 | x |
| 2008-12-31 | CN¥1.30 | CN¥3.20 | x |
| 2009-12-31 | CN¥1.35 | CN¥3.20 | x |
| 2010-12-31 | CN¥1.45 | CN¥3.20 | x |
| 2011-12-31 | CN¥1.37 | CN¥3.20 | x |
| 2012-12-31 | CN¥1.08 | CN¥3.20 | x |
| 2013-12-31 | CN¥1.42 | CN¥3.20 | x |
| 2014-12-31 | CN¥1.31 | CN¥3.20 | x |
| 2015-12-31 | CN¥1.30 | CN¥3.20 | x |
| 2016-12-31 | CN¥6.94 | CN¥3.20 | x |
| 2017-12-31 | CN¥3.23 | CN¥3.20 | x |
| 2018-12-31 | CN¥3.33 | CN¥3.20 | x |
| 2019-12-31 | CN¥3.38 | CN¥3.20 | x |
| 2020-12-31 | CN¥1.60 | CN¥3.20 | x |
| 2021-12-31 | CN¥1.70 | CN¥3.20 | x |
| 2022-12-31 | CN¥1.44 | CN¥3.20 | x |
| 2023-12-31 | CN¥1.57 | CN¥3.20 | x |
| 2024-12-31 | CN¥1.39 | CN¥3.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hubei Sanxia New Building Materials 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): 0.72%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.72%
- • Asset Turnover: 0.52x
- • Equity Multiplier: 1.91x
- Recent ROE (0.72%) is above the historical average (-1.57%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 14.22% | 15.78% | 0.30x | 3.02x | CN¥9.55 Million |
| 1998 | 18.33% | 17.50% | 0.34x | 3.04x | CN¥19.46 Million |
| 1999 | 18.82% | 14.34% | 0.47x | 2.79x | CN¥21.98 Million |
| 2000 | 6.06% | 10.88% | 0.31x | 1.79x | CN¥-28.50 Million |
| 2001 | 4.48% | 12.38% | 0.24x | 1.52x | CN¥-39.76 Million |
| 2002 | 1.15% | 2.39% | 0.31x | 1.53x | CN¥-65.86 Million |
| 2003 | 1.11% | 2.13% | 0.29x | 1.78x | CN¥-64.83 Million |
| 2004 | 2.36% | 4.23% | 0.27x | 2.08x | CN¥-57.03 Million |
| 2005 | 0.28% | 0.44% | 0.28x | 2.19x | CN¥-72.82 Million |
| 2006 | 0.51% | 0.68% | 0.29x | 2.62x | CN¥-70.97 Million |
| 2007 | 0.92% | 0.91% | 0.39x | 2.62x | CN¥-68.52 Million |
| 2008 | -10.89% | -9.88% | 0.37x | 3.01x | CN¥-140.68 Million |
| 2009 | 3.13% | 3.00% | 0.33x | 3.16x | CN¥-47.77 Million |
| 2010 | 6.45% | 5.20% | 0.41x | 3.00x | CN¥-26.61 Million |
| 2011 | -6.42% | -4.17% | 0.43x | 3.56x | CN¥-116.05 Million |
| 2012 | 0.19% | 0.13% | 0.34x | 4.30x | CN¥-69.48 Million |
| 2013 | 4.24% | 2.76% | 0.39x | 3.94x | CN¥-42.19 Million |
| 2014 | 1.53% | 0.87% | 0.51x | 3.45x | CN¥-63.00 Million |
| 2015 | -9.82% | -6.58% | 0.39x | 3.86x | CN¥-133.73 Million |
| 2016 | 5.29% | 5.35% | 0.54x | 1.85x | CN¥-159.43 Million |
| 2017 | 10.74% | 3.35% | 1.68x | 1.91x | CN¥27.86 Million |
| 2018 | 6.21% | 2.55% | 1.35x | 1.81x | CN¥-146.96 Million |
| 2019 | 0.28% | 0.34% | 0.46x | 1.75x | CN¥-381.36 Million |
| 2020 | -111.49% | -80.30% | 0.55x | 2.53x | CN¥-2.26 Billion |
| 2021 | 4.57% | 2.90% | 0.83x | 1.91x | CN¥-107.05 Million |
| 2022 | -19.33% | -17.16% | 0.51x | 2.19x | CN¥-491.71 Million |
| 2023 | 2.56% | 2.02% | 0.62x | 2.05x | CN¥-127.94 Million |
| 2024 | 0.72% | 0.72% | 0.52x | 1.91x | CN¥-161.85 Million |
Industry Comparison
This section compares Hubei Sanxia New Building Materials Co Ltd's net assets metrics with peer companies in the Building Materials industry.
Industry Context
- Industry: Building Materials
- Average net assets among peers: $1,947,737,856
- Average return on equity (ROE) among peers: 5.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hubei Sanxia New Building Materials Co Ltd (600293) | CN¥1.83 Billion | 14.22% | 0.81x | $543.25 Million |
| CSG Holding Co Ltd (000012) | $6.76 Billion | 21.53% | 0.84x | $1.16 Billion |
| Tangshan Jidong Cement Co Ltd (000401) | $1.32 Billion | 11.88% | 0.72x | $1.65 Billion |
| Gansu Shangfeng Cement Co Ltd (000672) | $-18.75 Million | 0.00% | 0.00x | $2.05 Billion |
| Jiangxi Wannianqing Cement Co Ltd (000789) | $2.33 Billion | 6.57% | 1.82x | $578.76 Million |
| Xinjiang Tianshan Cement Co Ltd (000877) | $905.55 Million | 6.65% | 1.93x | $4.80 Billion |
| Sinostone Guangdong Co Ltd (001212) | $1.73 Billion | 1.76% | 0.35x | $1.63 Billion |
| Ruitai Materials Technology Co Ltd (002066) | $929.49 Million | -14.56% | 2.32x | $775.48 Million |
| Guangdong Tapai Group Co Ltd (002233) | $3.82 Billion | 10.48% | 0.43x | $1.51 Billion |
| China West Construction Group Co Ltd (002302) | $955.12 Million | 8.30% | 0.52x | $1.03 Billion |
| Hubei Guochuang Hi-tech Material Co Ltd (002377) | $736.36 Million | 2.86% | 1.12x | $482.71 Million |
About Hubei Sanxia New Building Materials Co Ltd
Hubei Sanxia New Building Materials Co., Ltd. engages in the research, production, and sale of float glass, glass deep-processing products, and building materials in Mainland China. The company offers titanium dioxide film self-cleaning, tempered, laminated, and insulating glasses, as well as tempered glass covers. Hubei Sanxia New Building Materials Co., Ltd. was founded in 1993 and is headquart… Read more