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

Latest as of March 2026: CN¥33.03 Billion CNY ≈ $4.83 Billion USD

Based on the latest financial reports, Anhui Water Resources Development Co Ltd (600502) has net assets worth CN¥33.03 Billion CNY (≈ $4.83 Billion 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¥226.32 Billion ≈ $33.12 Billion USD) and total liabilities (CN¥193.30 Billion ≈ $28.29 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. Also explore Anhui Water Resources Development Co Ltd total assets for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥33.03 Billion
% of Total Assets	14.59%
Annual Growth Rate	26.6%
5-Year Change	57.02%
10-Year Change	626.68%
Growth Volatility	65.59

Anhui Water Resources Development Co Ltd - Net Assets Trend (2000–2025)

This chart illustrates how Anhui Water Resources Development Co Ltd's net assets have evolved over time, based on quarterly financial data. Check Anhui Water Resources Development Co Ltd (600502) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Annual Net Assets for Anhui Water Resources Development Co Ltd (2000–2025)

The table below shows the annual net assets of Anhui Water Resources Development Co Ltd from 2000 to 2025. For live valuation and market cap data, see how much is Anhui Water Resources Development Co Ltd worth.

Year	Net Assets	Change
2025-12-31	CN¥30.85 Billion ≈ $4.51 Billion	+13.26%
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 98232.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥6.93 Billion	36.30%
Other Components	CN¥12.17 Billion	63.70%
Total Equity	CN¥19.10 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
Macquarie Technology Group Ltd AU:MAQ	$1.16 Billion
Sunward Intelligent Equipment Co Ltd SHE:002097	$1.16 Billion
Artivion Inc NYSE:AORT	$1.16 Billion
West China Cement Limited F:WFG1	$1.16 Billion
Shenzhen Hello Tech Energy Co. Ltd. A SHE:301327	$1.15 Billion
Trupanion Inc NASDAQ:TRUP	$1.15 Billion
PSMC CO. Ltd KQ:024850	$1.15 Billion
Bk Harda Internasional Tbk Pt JK:BBHI	$1.15 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 2024 to 2025, total equity changed from 15,448,307,000 to 19,101,969,823, a change of 3,653,662,823 (23.7%).
Net income of 1,525,783,433 contributed positively to equity growth.
Dividend payments of 3,107,509,611 reduced retained earnings.
Other comprehensive income decreased equity by 5,184,575,000.
Other factors increased equity by 10,419,964,001.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥1.53 Billion	+7.99%
Dividends Paid	CN¥3.11 Billion	-16.27%
Other Comprehensive Income	CN¥-5.18 Billion	-27.14%
Other Changes	CN¥10.42 Billion	+54.55%
Total Change	CN¥-	23.65%

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: 0.41x
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 62.06x to 0.41x 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¥4.60	x
2001-12-31	CN¥0.08	CN¥4.60	x
2002-12-31	CN¥0.09	CN¥4.60	x
2003-12-31	CN¥0.39	CN¥4.60	x
2004-12-31	CN¥0.41	CN¥4.60	x
2005-12-31	CN¥0.44	CN¥4.60	x
2006-12-31	CN¥0.54	CN¥4.60	x
2007-12-31	CN¥0.53	CN¥4.60	x
2008-12-31	CN¥0.53	CN¥4.60	x
2009-12-31	CN¥0.62	CN¥4.60	x
2010-12-31	CN¥0.84	CN¥4.60	x
2011-12-31	CN¥1.09	CN¥4.60	x
2012-12-31	CN¥1.31	CN¥4.60	x
2013-12-31	CN¥1.50	CN¥4.60	x
2014-12-31	CN¥1.72	CN¥4.60	x
2015-12-31	CN¥2.38	CN¥4.60	x
2016-12-31	CN¥2.51	CN¥4.60	x
2017-12-31	CN¥4.96	CN¥4.60	x
2018-12-31	CN¥5.21	CN¥4.60	x
2019-12-31	CN¥4.95	CN¥4.60	x
2020-12-31	CN¥5.91	CN¥4.60	x
2021-12-31	CN¥6.50	CN¥4.60	x
2022-12-31	CN¥7.61	CN¥4.60	x
2023-12-31	CN¥5.84	CN¥4.60	x
2024-12-31	CN¥9.00	CN¥4.60	x
2025-12-31	CN¥11.13	CN¥4.60	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): 7.99%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 1.83%
• Asset Turnover: 0.36x
• Equity Multiplier: 11.96x
Recent ROE (7.99%) is below the historical average (11.04%), 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
2025	7.99%	1.83%	0.36x	11.96x	CN¥-384.41 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: $2,417,165,140
Average return on equity (ROE) among peers: -70.88%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Anhui Water Resources Development Co Ltd (600502)	CN¥33.03 Billion	9.76%	5.85x	$1.16 Billion
Shenzhen Ecobeauty Co Ltd (000010)	$1.18 Billion	-89.98%	1.63x	$264.12 Million
Shenzhen Sed Industry Co Ltd (000032)	$252.65 Million	13.77%	0.79x	$2.59 Billion
NORINCO International Cooperation Ltd (000065)	$9.29 Billion	9.88%	1.56x	$1.56 Billion
Shenzhen Tagen Group Co Ltd (000090)	$1.14 Billion	4.71%	1.20x	$935.12 Million
Shandong Hi-Speed Road&Bridge (000498)	$58.67 Million	-627.04%	25.37x	$1.14 Billion
Jinyuan Cement Co Ltd (000546)	$4.90 Billion	10.27%	0.87x	$531.42 Million
Hunan Investment Group Co Ltd (000548)	$488.91 Million	12.85%	0.27x	$320.69 Million
ChengDu Hi-Tech Development Co Ltd (000628)	$419.24 Million	-38.00%	3.15x	$2.03 Billion
Gansu Engineering Consulting Group Co Ltd (000779)	$3.93 Billion	3.79%	0.40x	$971.31 Million
Hainan Expressway Co Ltd (000886)	$2.50 Billion	-9.06%	0.24x	$662.71 Million

About Anhui Water Resources Development Co Ltd

SHG:600502 China Engineering & Construction

Market Cap

$1.16 Billion

CN¥7.90 Billion CNY

Market Cap Rank

#8292 Global

#1933 in China

Share Price

CN¥4.60

Change (1 day)

-0.86%

52-Week Range

CN¥4.35 - CN¥6.03

All Time High

CN¥7.77