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¥1.84 Billion CNY (≈ $268.88 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¥3.74 Billion ≈ $547.28 Million USD) and total liabilities (CN¥1.90 Billion ≈ $278.40 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 600293 strategic asset allocation to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.84 Billion |
| % of Total Assets | 49.13% |
| Annual Growth Rate | 7.61% |
| 5-Year Change | -12.71% |
| 10-Year Change | -45.51% |
| Growth Volatility | 82.11 |
Hubei Sanxia New Building Materials Co Ltd - Net Assets Trend (1997–2025)
This chart illustrates how Hubei Sanxia New Building Materials Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see 600293 market cap overview.
Annual Net Assets for Hubei Sanxia New Building Materials Co Ltd (1997–2025)
The table below shows the annual net assets of Hubei Sanxia New Building Materials Co Ltd from 1997 to 2025. Also explore 600293 shareholders equity momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.86 Billion ≈ $272.61 Million |
-0.54% |
| 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 163374715546.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥3.37 Billion | 194.58% |
| Total Equity | CN¥1.73 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 |
|---|---|
|
Csd Water Service Co Ltd
SHG:603903
|
$570.51 Million |
|
Nanfang Black Sesame Group Co Ltd
SHE:000716
|
$570.68 Million |
|
Sinosun Tech
SHE:300333
|
$570.83 Million |
|
Sinoma Energy Conservation Ltd
SHG:603126
|
$570.85 Million |
|
Changhong Meiling Co Ltd
SHE:000521
|
$570.29 Million |
|
Clarity Pharmaceuticals Ltd
AU:CU6
|
$570.19 Million |
|
Shinsung Delta Tech Co.Ltd
KQ:065350
|
$570.17 Million |
|
BlackRock Health Sciences Trust
NYSE:BME
|
$570.08 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 2024 to 2025, total equity changed from 1,744,164,082 to 1,729,975,037, a change of -14,189,045 (-0.8%).
- Net loss of 30,415,688 reduced equity.
- Dividend payments of 19,520,443 reduced retained earnings.
- Other comprehensive income decreased equity by 163,126,745.
- Other factors increased equity by 198,873,831.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-30.42 Million | -1.76% |
| Dividends Paid | CN¥19.52 Million | -1.13% |
| Other Comprehensive Income | CN¥-163.13 Million | -9.43% |
| Other Changes | CN¥198.87 Million | +11.5% |
| Total Change | CN¥- | -0.81% |
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: 2.25x
- 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 7.67x to 2.25x 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¥3.36 | x |
| 1998-12-31 | CN¥0.45 | CN¥3.36 | x |
| 1999-12-31 | CN¥0.48 | CN¥3.36 | x |
| 2000-12-31 | CN¥1.40 | CN¥3.36 | x |
| 2001-12-31 | CN¥1.39 | CN¥3.36 | x |
| 2002-12-31 | CN¥2.31 | CN¥3.36 | x |
| 2003-12-31 | CN¥2.26 | CN¥3.36 | x |
| 2004-12-31 | CN¥2.31 | CN¥3.36 | x |
| 2005-12-31 | CN¥2.32 | CN¥3.36 | x |
| 2006-12-31 | CN¥1.45 | CN¥3.36 | x |
| 2007-12-31 | CN¥1.46 | CN¥3.36 | x |
| 2008-12-31 | CN¥1.30 | CN¥3.36 | x |
| 2009-12-31 | CN¥1.35 | CN¥3.36 | x |
| 2010-12-31 | CN¥1.45 | CN¥3.36 | x |
| 2011-12-31 | CN¥1.37 | CN¥3.36 | x |
| 2012-12-31 | CN¥1.08 | CN¥3.36 | x |
| 2013-12-31 | CN¥1.42 | CN¥3.36 | x |
| 2014-12-31 | CN¥1.31 | CN¥3.36 | x |
| 2015-12-31 | CN¥1.30 | CN¥3.36 | x |
| 2016-12-31 | CN¥4.63 | CN¥3.36 | x |
| 2017-12-31 | CN¥3.23 | CN¥3.36 | x |
| 2018-12-31 | CN¥3.33 | CN¥3.36 | x |
| 2019-12-31 | CN¥3.62 | CN¥3.36 | x |
| 2020-12-31 | CN¥1.60 | CN¥3.36 | x |
| 2021-12-31 | CN¥1.75 | CN¥3.36 | x |
| 2022-12-31 | CN¥1.43 | CN¥3.36 | x |
| 2023-12-31 | CN¥1.57 | CN¥3.36 | x |
| 2024-12-31 | CN¥1.39 | CN¥3.36 | x |
| 2025-12-31 | CN¥1.49 | CN¥3.36 | 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): -1.76%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.56%
- • Asset Turnover: 0.31x
- • Equity Multiplier: 2.20x
- Recent ROE (-1.76%) is below the historical average (-1.50%), 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 | 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 | -111.22% | -80.10% | 0.55x | 2.53x | CN¥-2.25 Billion |
| 2021 | 4.57% | 2.90% | 0.83x | 1.91x | CN¥-107.05 Million |
| 2022 | -17.50% | -15.53% | 0.51x | 2.19x | CN¥-461.00 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 |
| 2025 | -1.76% | -2.56% | 0.31x | 2.20x | CN¥-203.41 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: $11,717,945,949
- Average return on equity (ROE) among peers: -4.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hubei Sanxia New Building Materials Co Ltd (600293) | CN¥1.84 Billion | 14.22% | 1.04x | $570.41 Million |
| CSG Holding Co Ltd (000012) | $4.81 Billion | 8.73% | 1.16x | $1.08 Billion |
| Tangshan Jidong Cement Co Ltd (000401) | $1.60 Billion | 6.61% | 1.09x | $1.38 Billion |
| Gansu Shangfeng Cement Co Ltd (000672) | $93.07 Million | 11.07% | 1.68x | $2.19 Billion |
| Jiangxi Wannianqing Cement Co Ltd (000789) | $4.09 Billion | 6.08% | 1.20x | $481.91 Million |
| Xinjiang Tianshan Cement Co Ltd (000877) | $93.58 Billion | 13.88% | 1.77x | $3.84 Billion |
| Sinostone Guangdong Co Ltd (001212) | $1.36 Billion | 10.39% | 0.16x | $1.14 Billion |
| Ruitai Materials Technology Co Ltd (002066) | $242.36 Million | 9.92% | 1.02x | $697.80 Million |
| Guangdong Tapai Group Co Ltd (002233) | $8.19 Billion | 8.81% | 0.20x | $1.23 Billion |
| China West Construction Group Co Ltd (002302) | $955.12 Million | 8.30% | 0.52x | $870.04 Million |
| Hubei Guochuang Hi-tech Material Co Ltd (002377) | $2.27 Billion | -131.26% | 0.51x | $408.97 Million |
About Hubei Sanxia New Building Materials Co Ltd
Hubei Sanxia New Building Materials Co., Ltd. engages in the production and sale of flat glass and special functional glass in Mainland China. It offers float film system products, such as colorless transparent glass, body-tinted glass, European grey, ford blue, emerald, green, and other common coloring; coating substrate systems, including high-transparency LOW-E glass, Low-E coated glass, sunsh… Read more