Xinjiang Qingsong Building Materials and Chemicals Group Co Ltd (600425) - Net Assets
Based on the latest financial reports, Xinjiang Qingsong Building Materials and Chemicals Group Co Ltd (600425) has net assets worth CN¥6.75 Billion CNY (≈ $987.85 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¥9.17 Billion ≈ $1.34 Billion USD) and total liabilities (CN¥2.42 Billion ≈ $353.91 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 600425 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥6.75 Billion |
| % of Total Assets | 73.62% |
| Annual Growth Rate | 15.58% |
| 5-Year Change | 33.33% |
| 10-Year Change | 68.8% |
| Growth Volatility | 41.84 |
Xinjiang Qingsong Building Materials and Chemicals Group Co Ltd - Net Assets Trend (2000–2025)
This chart illustrates how Xinjiang Qingsong Building Materials and Chemicals Group Co Ltd's net assets have evolved over time, based on quarterly financial data. See Xinjiang Qingsong Building Materials and liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Xinjiang Qingsong Building Materials and Chemicals Group Co Ltd (2000–2025)
The table below shows the annual net assets of Xinjiang Qingsong Building Materials and Chemicals Group Co Ltd from 2000 to 2025. For live valuation and market cap data, see Xinjiang Qingsong Building Materials and (600425) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥6.97 Billion ≈ $1.02 Billion |
+4.28% |
| 2024-12-31 | CN¥6.69 Billion ≈ $978.40 Million |
+3.40% |
| 2023-12-31 | CN¥6.47 Billion ≈ $946.19 Million |
+17.86% |
| 2022-12-31 | CN¥5.49 Billion ≈ $802.84 Million |
+4.92% |
| 2021-12-31 | CN¥5.23 Billion ≈ $765.17 Million |
+6.62% |
| 2020-12-31 | CN¥4.90 Billion ≈ $717.68 Million |
+7.08% |
| 2019-12-31 | CN¥4.58 Billion ≈ $670.24 Million |
+12.81% |
| 2018-12-31 | CN¥4.06 Billion ≈ $594.14 Million |
-0.43% |
| 2017-12-31 | CN¥4.08 Billion ≈ $596.71 Million |
-1.27% |
| 2016-12-31 | CN¥4.13 Billion ≈ $604.42 Million |
-15.30% |
| 2015-12-31 | CN¥4.88 Billion ≈ $713.60 Million |
-16.94% |
| 2014-12-31 | CN¥5.87 Billion ≈ $859.13 Million |
-3.62% |
| 2013-12-31 | CN¥6.09 Billion ≈ $891.37 Million |
+7.88% |
| 2012-12-31 | CN¥5.65 Billion ≈ $826.29 Million |
+87.05% |
| 2011-12-31 | CN¥3.02 Billion ≈ $441.75 Million |
+14.56% |
| 2010-12-31 | CN¥2.64 Billion ≈ $385.61 Million |
+64.16% |
| 2009-12-31 | CN¥1.61 Billion ≈ $234.90 Million |
+13.05% |
| 2008-12-31 | CN¥1.42 Billion ≈ $207.79 Million |
+7.93% |
| 2007-12-31 | CN¥1.32 Billion ≈ $192.52 Million |
+131.14% |
| 2006-12-31 | CN¥569.20 Million ≈ $83.29 Million |
+5.48% |
| 2005-12-31 | CN¥539.62 Million ≈ $78.96 Million |
-0.22% |
| 2004-12-31 | CN¥540.79 Million ≈ $79.13 Million |
+5.88% |
| 2003-12-31 | CN¥510.76 Million ≈ $74.74 Million |
+154.39% |
| 2002-12-31 | CN¥200.78 Million ≈ $29.38 Million |
+3.85% |
| 2001-12-31 | CN¥193.34 Million ≈ $28.29 Million |
+3.53% |
| 2000-12-31 | CN¥186.75 Million ≈ $27.33 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Xinjiang Qingsong Building Materials and Chemicals Group 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 116895687100.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.17 Billion | 18.05% |
| Common Stock | CN¥1.60 Billion | 24.79% |
| Other Comprehensive Income | CN¥305.75 Million | 4.72% |
| Other Components | CN¥3.39 Billion | 52.43% |
| Total Equity | CN¥6.47 Billion | 100.00% |
Xinjiang Qingsong Building Materials and Chemicals Group Co Ltd Competitors by Market Cap
The table below lists competitors of Xinjiang Qingsong Building Materials and Chemicals Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cascades Inc.
TO:CAS
|
$814.98 Million |
|
Entravision Communications
NYSE:EVC
|
$815.29 Million |
|
Rashtriya Chemicals and Fertilizers Limited
NSE:RCF
|
$815.29 Million |
|
Tongyang Life
KO:082640
|
$815.42 Million |
|
Suzhou Wanxiang Technology Co. Ltd.
SHE:301180
|
$814.79 Million |
|
Bank Sinarmas Tbk
JK:BSIM
|
$814.48 Million |
|
Dazzle Fashion Co Ltd
SHG:603587
|
$814.46 Million |
|
Guangdong LingXiao Pump Industry Co Ltd
SHE:002884
|
$814.41 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Xinjiang Qingsong Building Materials and Chemicals Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 6,390,636,000 to 6,472,492,076, a change of 81,856,076 (1.3%).
- Net income of 276,383,650 contributed positively to equity growth.
- Dividend payments of 160,470,370 reduced retained earnings.
- Other comprehensive income increased equity by 305,748,328.
- Other factors decreased equity by 339,805,532.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥276.38 Million | +4.27% |
| Dividends Paid | CN¥160.47 Million | -2.48% |
| Other Comprehensive Income | CN¥305.75 Million | +4.72% |
| Other Changes | CN¥-339.81 Million | -5.25% |
| Total Change | CN¥- | 1.28% |
Book Value vs Market Value Analysis
This analysis compares Xinjiang Qingsong Building Materials and Chemicals Group 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: 0.86x
- 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 10.49x to 0.86x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-12-31 | CN¥0.33 | CN¥3.47 | x |
| 2001-12-31 | CN¥0.34 | CN¥3.47 | x |
| 2002-12-31 | CN¥0.36 | CN¥3.47 | x |
| 2003-12-31 | CN¥0.84 | CN¥3.47 | x |
| 2004-12-31 | CN¥0.89 | CN¥3.47 | x |
| 2005-12-31 | CN¥0.89 | CN¥3.47 | x |
| 2006-12-31 | CN¥0.96 | CN¥3.47 | x |
| 2007-12-31 | CN¥1.74 | CN¥3.47 | x |
| 2008-12-31 | CN¥1.87 | CN¥3.47 | x |
| 2009-12-31 | CN¥1.85 | CN¥3.47 | x |
| 2010-12-31 | CN¥2.97 | CN¥3.47 | x |
| 2011-12-31 | CN¥2.90 | CN¥3.47 | x |
| 2012-12-31 | CN¥4.58 | CN¥3.47 | x |
| 2013-12-31 | CN¥3.73 | CN¥3.47 | x |
| 2014-12-31 | CN¥3.30 | CN¥3.47 | x |
| 2015-12-31 | CN¥3.29 | CN¥3.47 | x |
| 2016-12-31 | CN¥2.92 | CN¥3.47 | x |
| 2017-12-31 | CN¥3.20 | CN¥3.47 | x |
| 2018-12-31 | CN¥3.14 | CN¥3.47 | x |
| 2019-12-31 | CN¥3.38 | CN¥3.47 | x |
| 2020-12-31 | CN¥3.35 | CN¥3.47 | x |
| 2021-12-31 | CN¥3.68 | CN¥3.47 | x |
| 2022-12-31 | CN¥3.80 | CN¥3.47 | x |
| 2023-12-31 | CN¥3.90 | CN¥3.47 | x |
| 2024-12-31 | CN¥3.98 | CN¥3.47 | x |
| 2025-12-31 | CN¥4.03 | CN¥3.47 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Xinjiang Qingsong Building Materials and Chemicals Group 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): 4.27%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.15%
- • Asset Turnover: 0.42x
- • Equity Multiplier: 1.43x
- Recent ROE (4.27%) is below the historical average (5.92%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 12.36% | 13.86% | 0.57x | 1.56x | CN¥4.41 Million |
| 2001 | 13.75% | 13.92% | 0.59x | 1.69x | CN¥7.25 Million |
| 2002 | 13.67% | 12.40% | 0.63x | 1.74x | CN¥7.36 Million |
| 2003 | 6.48% | 13.05% | 0.31x | 1.60x | CN¥-16.68 Million |
| 2004 | 10.42% | 20.36% | 0.22x | 2.28x | CN¥2.11 Million |
| 2005 | 4.28% | 8.28% | 0.20x | 2.61x | CN¥-28.64 Million |
| 2006 | 9.67% | 10.09% | 0.36x | 2.65x | CN¥-1.74 Million |
| 2007 | 6.04% | 11.23% | 0.33x | 1.61x | CN¥-50.59 Million |
| 2008 | 8.55% | 12.32% | 0.42x | 1.65x | CN¥-19.79 Million |
| 2009 | 13.75% | 16.55% | 0.41x | 2.04x | CN¥56.41 Million |
| 2010 | 12.61% | 17.38% | 0.39x | 1.84x | CN¥63.05 Million |
| 2011 | 16.79% | 20.95% | 0.37x | 2.15x | CN¥188.16 Million |
| 2012 | 2.17% | 5.05% | 0.20x | 2.10x | CN¥-418.96 Million |
| 2013 | 1.61% | 3.57% | 0.20x | 2.20x | CN¥-452.23 Million |
| 2014 | 0.12% | 0.24% | 0.23x | 2.27x | CN¥-524.31 Million |
| 2015 | -14.89% | -38.80% | 0.16x | 2.45x | CN¥-1.14 Billion |
| 2016 | -14.40% | -31.93% | 0.18x | 2.50x | CN¥-975.19 Million |
| 2017 | 1.25% | 2.41% | 0.21x | 2.42x | CN¥-354.10 Million |
| 2018 | 8.27% | 15.13% | 0.29x | 1.89x | CN¥-76.32 Million |
| 2019 | 4.74% | 7.02% | 0.39x | 1.72x | CN¥-244.68 Million |
| 2020 | 5.37% | 8.32% | 0.37x | 1.76x | CN¥-218.06 Million |
| 2021 | 6.26% | 8.05% | 0.46x | 1.69x | CN¥-188.28 Million |
| 2022 | 7.90% | 11.11% | 0.42x | 1.69x | CN¥-110.75 Million |
| 2023 | 7.44% | 10.32% | 0.46x | 1.56x | CN¥-159.48 Million |
| 2024 | 5.53% | 8.17% | 0.45x | 1.49x | CN¥-285.40 Million |
| 2025 | 4.27% | 7.15% | 0.42x | 1.43x | CN¥-370.87 Million |
Industry Comparison
This section compares Xinjiang Qingsong Building Materials and Chemicals Group Co Ltd's net assets metrics with peer companies in the Building Materials industry.
Industry Context
- Industry: Building Materials
- Average net assets among peers: $5,038,679,184
- Average return on equity (ROE) among peers: -0.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Xinjiang Qingsong Building Materials and Chemicals Group Co Ltd (600425) | CN¥6.75 Billion | 12.36% | 0.36x | $814.82 Million |
| CSG Holding Co Ltd (000012) | $8.51 Billion | 10.26% | 0.80x | $1.23 Billion |
| Tangshan Jidong Cement Co Ltd (000401) | $13.16 Billion | 11.59% | 1.89x | $1.42 Billion |
| Gansu Shangfeng Cement Co Ltd (000672) | $1.47 Billion | 17.72% | 1.25x | $2.65 Billion |
| Jiangxi Wannianqing Cement Co Ltd (000789) | $2.86 Billion | 6.66% | 1.52x | $479.58 Million |
| Xinjiang Tianshan Cement Co Ltd (000877) | $8.08 Billion | 3.12% | 1.68x | $4.10 Billion |
| Sinostone Guangdong Co Ltd (001212) | $1.42 Billion | 6.07% | 0.18x | $1.45 Billion |
| Ruitai Materials Technology Co Ltd (002066) | $75.81 Million | 19.08% | 1.16x | $755.55 Million |
| Guangdong Tapai Group Co Ltd (002233) | $3.47 Billion | 5.81% | 0.48x | $1.29 Billion |
| China West Construction Group Co Ltd (002302) | $10.72 Billion | -2.45% | 2.13x | $858.96 Million |
| Hubei Guochuang Hi-tech Material Co Ltd (002377) | $617.79 Million | -83.72% | 1.86x | $362.04 Million |
About Xinjiang Qingsong Building Materials and Chemicals Group Co Ltd
Xinjiang Qingsong Building Materials and Chemicals Group Co., Ltd. produces and sells cement, building materials, and chemical products in China. It also offers cement clinker, prestressed porous slabs, aerated concrete blocks, precast cement components, lime powder, stone materials, and architectural coatings, as well as import and export of general goods and technologies; and transportation of … Read more