Anhui Water Resources Development Co Ltd
Anhui Construction Engineering Group Co., Ltd. engages in the construction works in China. It operates through Building and Construction, Real Estate Development, and Other segments. The company undertakes various project works, such as construction engineering, water conservancy, hydropower engineering, highway engineering, municipal public engineering, port and waterway engineering construction… Read more
Anhui Water Resources Development Co Ltd (600502) - Net Assets
Latest net assets as of September 2025: CN¥22.53 Billion CNY
Based on the latest financial reports, Anhui Water Resources Development Co Ltd (600502) has net assets worth CN¥22.53 Billion CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥205.57 Billion) and total liabilities (CN¥183.04 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥22.53 Billion |
| % of Total Assets | 10.96% |
| Annual Growth Rate | 27.19% |
| 5-Year Change | 57.06% |
| 10-Year Change | 845.33% |
| Growth Volatility | 66.8 |
Anhui Water Resources Development Co Ltd - Net Assets Trend (2000–2024)
This chart illustrates how Anhui Water Resources Development Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Anhui Water Resources Development Co Ltd (2000–2024)
The table below shows the annual net assets of Anhui Water Resources Development Co Ltd from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥27.24 Billion | +13.34% |
| 2023-12-31 | CN¥24.03 Billion | +4.57% |
| 2022-12-31 | CN¥22.98 Billion | +16.98% |
| 2021-12-31 | CN¥19.65 Billion | +13.29% |
| 2020-12-31 | CN¥17.34 Billion | +21.01% |
| 2019-12-31 | CN¥14.33 Billion | +20.83% |
| 2018-12-31 | CN¥11.86 Billion | +34.18% |
| 2017-12-31 | CN¥8.84 Billion | +108.19% |
| 2016-12-31 | CN¥4.25 Billion | +47.35% |
| 2015-12-31 | CN¥2.88 Billion | +42.19% |
| 2014-12-31 | CN¥2.03 Billion | +2.81% |
| 2013-12-31 | CN¥1.97 Billion | +12.66% |
| 2012-12-31 | CN¥1.75 Billion | +7.38% |
| 2011-12-31 | CN¥1.63 Billion | +61.78% |
| 2010-12-31 | CN¥1.01 Billion | +56.91% |
| 2009-12-31 | CN¥641.79 Million | +9.89% |
| 2008-12-31 | CN¥584.04 Million | -2.52% |
| 2007-12-31 | CN¥599.13 Million | -0.17% |
| 2006-12-31 | CN¥600.15 Million | +5.64% |
| 2005-12-31 | CN¥568.09 Million | +6.17% |
| 2004-12-31 | CN¥535.07 Million | +13.83% |
| 2003-12-31 | CN¥470.08 Million | +333.36% |
| 2002-12-31 | CN¥108.48 Million | +19.39% |
| 2001-12-31 | CN¥90.86 Million | +7.20% |
| 2000-12-31 | CN¥84.75 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Anhui 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 86864.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥6.13 Billion | 39.70% |
| Common Stock | CN¥1.72 Billion | 11.11% |
| Other Comprehensive Income | CN¥5.18 Billion | 33.56% |
| Other Components | CN¥2.41 Billion | 15.63% |
| Total Equity | CN¥15.45 Billion | 100.00% |
Anhui Water Resources Development Co Ltd Competitors by Market Cap
The table below lists competitors of Anhui Water Resources Development Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jiangsu Nanfang Bearing Co Ltd
SHE:002553
|
$720.70 Million |
|
Ubisoft Entertainment
PINK:UBSFF
|
$720.80 Million |
|
Taiwan Surface Mounting Technology Corp
TW:6278
|
$720.83 Million |
|
Pason Systems Inc
OTCQX:PSYTF
|
$721.04 Million |
|
Daou Tech
KO:023590
|
$720.57 Million |
|
EIH Limited
NSE:EIHOTEL
|
$720.26 Million |
|
5I5j Holding Group Co Ltd
SHE:000560
|
$719.68 Million |
|
JSW Holdings Limited
NSE:JSWHL
|
$719.28 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Anhui 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 9,967,649,769 to 15,448,307,000, a change of 5,480,657,231 (55.0%).
- Net income of 1,344,871,000 contributed positively to equity growth.
- Dividend payments of 2,724,453,000 reduced retained earnings.
- Other comprehensive income increased equity by 4,002,345,454.
- Other factors increased equity by 2,857,893,777.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥1.34 Billion | +8.71% |
| Dividends Paid | CN¥2.72 Billion | -17.64% |
| Other Comprehensive Income | CN¥4.00 Billion | +25.91% |
| Other Changes | CN¥2.86 Billion | +18.5% |
| Total Change | CN¥- | 54.98% |
Book Value vs Market Value Analysis
This analysis compares Anhui 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: 0.56x
- 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 67.46x to 0.56x 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¥0.07 | CN¥5.00 | x |
| 2001-12-31 | CN¥0.08 | CN¥5.00 | x |
| 2002-12-31 | CN¥0.09 | CN¥5.00 | x |
| 2003-12-31 | CN¥0.39 | CN¥5.00 | x |
| 2004-12-31 | CN¥0.41 | CN¥5.00 | x |
| 2005-12-31 | CN¥0.44 | CN¥5.00 | x |
| 2006-12-31 | CN¥0.54 | CN¥5.00 | x |
| 2007-12-31 | CN¥0.53 | CN¥5.00 | x |
| 2008-12-31 | CN¥0.53 | CN¥5.00 | x |
| 2009-12-31 | CN¥0.62 | CN¥5.00 | x |
| 2010-12-31 | CN¥0.84 | CN¥5.00 | x |
| 2011-12-31 | CN¥1.09 | CN¥5.00 | x |
| 2012-12-31 | CN¥1.31 | CN¥5.00 | x |
| 2013-12-31 | CN¥1.50 | CN¥5.00 | x |
| 2014-12-31 | CN¥1.72 | CN¥5.00 | x |
| 2015-12-31 | CN¥2.38 | CN¥5.00 | x |
| 2016-12-31 | CN¥2.51 | CN¥5.00 | x |
| 2017-12-31 | CN¥4.96 | CN¥5.00 | x |
| 2018-12-31 | CN¥5.21 | CN¥5.00 | x |
| 2019-12-31 | CN¥4.95 | CN¥5.00 | x |
| 2020-12-31 | CN¥5.91 | CN¥5.00 | x |
| 2021-12-31 | CN¥6.50 | CN¥5.00 | x |
| 2022-12-31 | CN¥7.61 | CN¥5.00 | x |
| 2023-12-31 | CN¥5.84 | CN¥5.00 | x |
| 2024-12-31 | CN¥9.00 | CN¥5.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Anhui 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): 8.71%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.39%
- • Asset Turnover: 0.48x
- • Equity Multiplier: 13.07x
- Recent ROE (8.71%) is below the historical average (11.16%), 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 | 9.76% | 2.72% | 1.08x | 3.33x | CN¥-200.65K |
| 2001 | 16.95% | 4.11% | 1.43x | 2.87x | CN¥6.32 Million |
| 2002 | 16.24% | 3.75% | 1.56x | 2.79x | CN¥6.77 Million |
| 2003 | 5.58% | 3.10% | 0.75x | 2.41x | CN¥-19.82 Million |
| 2004 | 6.43% | 3.09% | 0.58x | 3.61x | CN¥-16.74 Million |
| 2005 | 6.14% | 2.36% | 0.71x | 3.67x | CN¥-19.41 Million |
| 2006 | 7.73% | 2.69% | 0.71x | 4.02x | CN¥-12.48 Million |
| 2007 | 4.37% | 1.46% | 0.66x | 4.55x | CN¥-30.84 Million |
| 2008 | 2.07% | 0.63% | 0.65x | 5.04x | CN¥-44.53 Million |
| 2009 | 7.05% | 2.13% | 0.78x | 4.25x | CN¥-18.25 Million |
| 2010 | 23.83% | 5.30% | 0.94x | 4.81x | CN¥117.87 Million |
| 2011 | 22.41% | 4.75% | 0.88x | 5.36x | CN¥139.87 Million |
| 2012 | 19.03% | 3.97% | 0.80x | 6.03x | CN¥122.31 Million |
| 2013 | 13.07% | 2.98% | 0.72x | 6.07x | CN¥47.70 Million |
| 2014 | 13.08% | 2.74% | 0.68x | 7.00x | CN¥54.35 Million |
| 2015 | 9.79% | 2.80% | 0.67x | 5.19x | CN¥-5.61 Million |
| 2016 | 16.97% | 1.82% | 1.99x | 4.70x | CN¥256.13 Million |
| 2017 | 10.08% | 2.20% | 0.56x | 8.19x | CN¥6.02 Million |
| 2018 | 8.83% | 2.06% | 0.51x | 8.34x | CN¥-105.62 Million |
| 2019 | 7.00% | 1.26% | 0.52x | 10.62x | CN¥-255.06 Million |
| 2020 | 8.02% | 1.43% | 0.54x | 10.41x | CN¥-200.91 Million |
| 2021 | 9.79% | 1.54% | 0.56x | 11.34x | CN¥-22.96 Million |
| 2022 | 10.57% | 1.72% | 0.54x | 11.42x | CN¥74.47 Million |
| 2023 | 15.59% | 1.70% | 0.53x | 17.16x | CN¥556.70 Million |
| 2024 | 8.71% | 1.39% | 0.48x | 13.07x | CN¥-199.96 Million |
Industry Comparison
This section compares Anhui Water Resources Development Co Ltd's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $2,293,171,469
- Average return on equity (ROE) among peers: -19.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Anhui Water Resources Development Co Ltd (600502) | CN¥22.53 Billion | 9.76% | 8.12x | $720.65 Million |
| Shenzhen Ecobeauty Co Ltd (000010) | $2.21 Billion | 1.80% | 1.20x | $542.14 Million |
| Shenzhen Sed Industry Co Ltd (000032) | $273.69 Million | 5.51% | 1.09x | $1.18 Billion |
| NORINCO International Cooperation Ltd (000065) | $10.22 Billion | 10.27% | 1.39x | $959.60 Million |
| Shenzhen Tagen Group Co Ltd (000090) | $1.08 Billion | 6.39% | 1.55x | $602.43 Million |
| Shandong Hi-Speed Road&Bridge (000498) | $433.84 Million | -22.79% | 2.88x | $597.20 Million |
| Jinyuan Cement Co Ltd (000546) | $4.61 Billion | 0.86% | 0.22x | $312.99 Million |
| Hunan Investment Group Co Ltd (000548) | $1.41 Billion | 7.29% | 0.50x | $259.03 Million |
| ChengDu Hi-Tech Development Co Ltd (000628) | $134.20 Million | -202.04% | 12.95x | $1.18 Billion |
| Gansu Engineering Consulting Group Co Ltd (000779) | $307.94 Million | -4.18% | 0.33x | $300.46 Million |
| Hainan Expressway Co Ltd (000886) | $2.26 Billion | 1.18% | 0.16x | $593.20 Million |