Anhui Water Resources Development Co Ltd (600502) - Net Assets

Latest as of September 2025: CN¥22.53 Billion CNY ≈ $3.30 Billion USD

Based on the latest financial reports, Anhui Water Resources Development Co Ltd (600502) has net assets worth CN¥22.53 Billion CNY (≈ $3.30 Billion 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¥205.57 Billion ≈ $30.08 Billion USD) and total liabilities (CN¥183.04 Billion ≈ $26.78 Billion 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 Anhui Water Resources Development Co Ltd to evaluate the company's liquid asset resilience ratio.

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. Also explore Anhui Water Resources Development Co Ltd balance sheet assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see 600502 company net worth.

Year	Net Assets	Change
2024-12-31	CN¥27.24 Billion ≈ $3.99 Billion	+13.34%
2023-12-31	CN¥24.03 Billion ≈ $3.52 Billion	+4.57%
2022-12-31	CN¥22.98 Billion ≈ $3.36 Billion	+16.98%
2021-12-31	CN¥19.65 Billion ≈ $2.87 Billion	+13.29%
2020-12-31	CN¥17.34 Billion ≈ $2.54 Billion	+21.01%
2019-12-31	CN¥14.33 Billion ≈ $2.10 Billion	+20.83%
2018-12-31	CN¥11.86 Billion ≈ $1.74 Billion	+34.18%
2017-12-31	CN¥8.84 Billion ≈ $1.29 Billion	+108.19%
2016-12-31	CN¥4.25 Billion ≈ $621.23 Million	+47.35%
2015-12-31	CN¥2.88 Billion ≈ $421.61 Million	+42.19%
2014-12-31	CN¥2.03 Billion ≈ $296.52 Million	+2.81%
2013-12-31	CN¥1.97 Billion ≈ $288.43 Million	+12.66%
2012-12-31	CN¥1.75 Billion ≈ $256.01 Million	+7.38%
2011-12-31	CN¥1.63 Billion ≈ $238.41 Million	+61.78%
2010-12-31	CN¥1.01 Billion ≈ $147.36 Million	+56.91%
2009-12-31	CN¥641.79 Million ≈ $93.91 Million	+9.89%
2008-12-31	CN¥584.04 Million ≈ $85.46 Million	-2.52%
2007-12-31	CN¥599.13 Million ≈ $87.67 Million	-0.17%
2006-12-31	CN¥600.15 Million ≈ $87.82 Million	+5.64%
2005-12-31	CN¥568.09 Million ≈ $83.13 Million	+6.17%
2004-12-31	CN¥535.07 Million ≈ $78.30 Million	+13.83%
2003-12-31	CN¥470.08 Million ≈ $68.79 Million	+333.36%
2002-12-31	CN¥108.48 Million ≈ $15.87 Million	+19.39%
2001-12-31	CN¥90.86 Million ≈ $13.30 Million	+7.20%
2000-12-31	CN¥84.75 Million ≈ $12.40 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
Crombie Real Estate Investment Trust TO:CRR-UN	$1.35 Billion
Xinlei Compressor Co. Ltd. A SHE:301317	$1.35 Billion
Jadard Technology Inc. A SHG:688252	$1.35 Billion
Crayon Group Holding ASA OL:CRAYN	$1.35 Billion
Hubei Jiuzhiyang Infrared System Co Ltd SHE:300516	$1.35 Billion
ICF International Inc NASDAQ:ICFI	$1.35 Billion
Sila Realty Trust, Inc. NYSE:SILA	$1.35 Billion
Wuhan Tianyuan Environmental Protection Co.LTD SHE:301127	$1.35 Billion

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: 0.60x
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 72.72x to 0.60x 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¥5.39	x
2001-12-31	CN¥0.08	CN¥5.39	x
2002-12-31	CN¥0.09	CN¥5.39	x
2003-12-31	CN¥0.39	CN¥5.39	x
2004-12-31	CN¥0.41	CN¥5.39	x
2005-12-31	CN¥0.44	CN¥5.39	x
2006-12-31	CN¥0.54	CN¥5.39	x
2007-12-31	CN¥0.53	CN¥5.39	x
2008-12-31	CN¥0.53	CN¥5.39	x
2009-12-31	CN¥0.62	CN¥5.39	x
2010-12-31	CN¥0.84	CN¥5.39	x
2011-12-31	CN¥1.09	CN¥5.39	x
2012-12-31	CN¥1.31	CN¥5.39	x
2013-12-31	CN¥1.50	CN¥5.39	x
2014-12-31	CN¥1.72	CN¥5.39	x
2015-12-31	CN¥2.38	CN¥5.39	x
2016-12-31	CN¥2.51	CN¥5.39	x
2017-12-31	CN¥4.96	CN¥5.39	x
2018-12-31	CN¥5.21	CN¥5.39	x
2019-12-31	CN¥4.95	CN¥5.39	x
2020-12-31	CN¥5.91	CN¥5.39	x
2021-12-31	CN¥6.50	CN¥5.39	x
2022-12-31	CN¥7.61	CN¥5.39	x
2023-12-31	CN¥5.84	CN¥5.39	x
2024-12-31	CN¥9.00	CN¥5.39	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: $2,043,217,631
Average return on equity (ROE) among peers: 2.63%

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	$1.35 Billion
Shenzhen Ecobeauty Co Ltd (000010)	$58.96 Million	11.62%	0.85x	$486.19 Million
Shenzhen Sed Industry Co Ltd (000032)	$869.50 Million	3.13%	0.81x	$3.08 Billion
NORINCO International Cooperation Ltd (000065)	$8.56 Billion	7.43%	1.58x	$2.17 Billion
Shenzhen Tagen Group Co Ltd (000090)	$931.40 Million	11.18%	1.70x	$962.46 Million
Shandong Hi-Speed Road&Bridge (000498)	$4.07 Billion	14.17%	3.34x	$1.26 Billion
Jinyuan Cement Co Ltd (000546)	$231.60 Million	0.50%	0.86x	$878.49 Million
Hunan Investment Group Co Ltd (000548)	$294.05 Million	-42.13%	2.67x	$389.36 Million
ChengDu Hi-Tech Development Co Ltd (000628)	$198.31 Million	4.14%	13.41x	$3.41 Billion
Gansu Engineering Consulting Group Co Ltd (000779)	$2.16 Billion	14.25%	0.81x	$602.65 Million
Hainan Expressway Co Ltd (000886)	$3.07 Billion	2.00%	0.26x	$800.17 Million

About Anhui Water Resources Development Co Ltd

SHG:600502 China Engineering & Construction

Market Cap

$1.35 Billion

CN¥9.25 Billion CNY

Market Cap Rank

#7808 Global

#1937 in China

Share Price

CN¥5.39

Change (1 day)

-1.46%

52-Week Range

CN¥4.48 - CN¥6.03

All Time High

CN¥7.77