Black Peony Group Co Ltd
Black Peony (Group) Co., Ltd. engages in the construction and textile businesses in China. The company is involved in infrastructure and housing construction, real estate development, property services, and other related businesses; and dyeing, weaving, finishing, and clothing, and fabric production. It also develops and operates specialty industrial science and technology parks; and renovation a… Read more
Black Peony Group Co Ltd (600510) - Net Assets
Latest net assets as of September 2025: CN¥11.18 Billion CNY
Based on the latest financial reports, Black Peony Group Co Ltd (600510) has net assets worth CN¥11.18 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¥27.46 Billion) and total liabilities (CN¥16.28 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¥11.18 Billion |
| % of Total Assets | 40.71% |
| Annual Growth Rate | 16.89% |
| 5-Year Change | 8.42% |
| 10-Year Change | 59.32% |
| Growth Volatility | 67.8 |
Black Peony Group Co Ltd - Net Assets Trend (1999–2024)
This chart illustrates how Black Peony Group 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 Black Peony Group Co Ltd (1999–2024)
The table below shows the annual net assets of Black Peony Group Co Ltd from 1999 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥11.12 Billion | +0.99% |
| 2023-12-31 | CN¥11.01 Billion | +1.00% |
| 2022-12-31 | CN¥10.90 Billion | +1.55% |
| 2021-12-31 | CN¥10.73 Billion | +4.67% |
| 2020-12-31 | CN¥10.26 Billion | +7.85% |
| 2019-12-31 | CN¥9.51 Billion | +10.09% |
| 2018-12-31 | CN¥8.64 Billion | +5.73% |
| 2017-12-31 | CN¥8.17 Billion | +1.78% |
| 2016-12-31 | CN¥8.03 Billion | +15.01% |
| 2015-12-31 | CN¥6.98 Billion | +39.66% |
| 2014-12-31 | CN¥5.00 Billion | +4.19% |
| 2013-12-31 | CN¥4.80 Billion | +7.22% |
| 2012-12-31 | CN¥4.47 Billion | +7.64% |
| 2011-12-31 | CN¥4.16 Billion | +4.59% |
| 2010-12-31 | CN¥3.97 Billion | +8.30% |
| 2009-12-31 | CN¥3.67 Billion | +251.61% |
| 2008-12-31 | CN¥1.04 Billion | -3.65% |
| 2007-12-31 | CN¥1.08 Billion | +5.33% |
| 2006-12-31 | CN¥1.03 Billion | -1.87% |
| 2005-12-31 | CN¥1.05 Billion | +5.06% |
| 2004-12-31 | CN¥997.29 Million | +2.46% |
| 2003-12-31 | CN¥973.35 Million | +19.19% |
| 2002-12-31 | CN¥816.61 Million | +256.30% |
| 2001-12-31 | CN¥229.19 Million | -15.19% |
| 2000-12-31 | CN¥270.24 Million | +20.35% |
| 1999-12-31 | CN¥224.54 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Black Peony 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 125881.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥5.04 Billion | 48.59% |
| Common Stock | CN¥1.03 Billion | 9.95% |
| Other Comprehensive Income | CN¥1.53 Billion | 14.73% |
| Other Components | CN¥2.77 Billion | 26.73% |
| Total Equity | CN¥10.37 Billion | 100.00% |
Black Peony Group Co Ltd Competitors by Market Cap
The table below lists competitors of Black Peony Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Petroreconcavo S.A
SA:RECV3
|
$433.71 Million |
|
CareRay Digital Medical Technology Co Ltd
SHG:688607
|
$433.85 Million |
|
Shanghai Baosteel Packaging
SHG:601968
|
$433.98 Million |
|
Bank Sinarmas Tbk
JK:BSIM
|
$434.00 Million |
|
Jiangsu Changhai Compos Material
SHE:300196
|
$433.44 Million |
|
IFCI Limited
NSE:IFCI
|
$433.35 Million |
|
transcosmos inc
PINK:TRCLF
|
$433.28 Million |
|
Atalaya Mining Plc
PINK:ATLMF
|
$433.10 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Black Peony Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 10,073,878,319 to 10,370,841,358, a change of 296,963,039 (2.9%).
- Net income of 120,703,674 contributed positively to equity growth.
- Dividend payments of 570,870,840 reduced retained earnings.
- Share repurchases of 31,042,369 reduced equity.
- Other comprehensive income increased equity by 347,051,221.
- Other factors increased equity by 431,121,353.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥120.70 Million | +1.16% |
| Dividends Paid | CN¥570.87 Million | -5.5% |
| Share Repurchases | CN¥31.04 Million | -0.3% |
| Other Comprehensive Income | CN¥347.05 Million | +3.35% |
| Other Changes | CN¥431.12 Million | +4.16% |
| Total Change | CN¥- | 2.95% |
Book Value vs Market Value Analysis
This analysis compares Black Peony 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: 0.87x
- 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 19.25x to 0.87x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1999-12-31 | CN¥0.46 | CN¥8.94 | x |
| 2000-12-31 | CN¥0.56 | CN¥8.94 | x |
| 2001-12-31 | CN¥0.51 | CN¥8.94 | x |
| 2002-12-31 | CN¥1.85 | CN¥8.94 | x |
| 2003-12-31 | CN¥2.21 | CN¥8.94 | x |
| 2004-12-31 | CN¥2.27 | CN¥8.94 | x |
| 2005-12-31 | CN¥2.38 | CN¥8.94 | x |
| 2006-12-31 | CN¥2.34 | CN¥8.94 | x |
| 2007-12-31 | CN¥2.40 | CN¥8.94 | x |
| 2008-12-31 | CN¥1.29 | CN¥8.94 | x |
| 2009-12-31 | CN¥4.48 | CN¥8.94 | x |
| 2010-12-31 | CN¥4.87 | CN¥8.94 | x |
| 2011-12-31 | CN¥5.01 | CN¥8.94 | x |
| 2012-12-31 | CN¥5.31 | CN¥8.94 | x |
| 2013-12-31 | CN¥5.66 | CN¥8.94 | x |
| 2014-12-31 | CN¥5.80 | CN¥8.94 | x |
| 2015-12-31 | CN¥8.31 | CN¥8.94 | x |
| 2016-12-31 | CN¥7.15 | CN¥8.94 | x |
| 2017-12-31 | CN¥7.40 | CN¥8.94 | x |
| 2018-12-31 | CN¥7.44 | CN¥8.94 | x |
| 2019-12-31 | CN¥8.31 | CN¥8.94 | x |
| 2020-12-31 | CN¥8.77 | CN¥8.94 | x |
| 2021-12-31 | CN¥9.23 | CN¥8.94 | x |
| 2022-12-31 | CN¥9.81 | CN¥8.94 | x |
| 2023-12-31 | CN¥9.68 | CN¥8.94 | x |
| 2024-12-31 | CN¥10.31 | CN¥8.94 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Black Peony 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): 1.16%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.51%
- • Asset Turnover: 0.17x
- • Equity Multiplier: 2.78x
- Recent ROE (1.16%) is below the historical average (10.57%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | 19.33% | 7.18% | 1.08x | 2.50x | CN¥18.99 Million |
| 2000 | 25.73% | 7.13% | 1.20x | 3.00x | CN¥38.32 Million |
| 2001 | 38.96% | 9.88% | 1.16x | 3.41x | CN¥64.71 Million |
| 2002 | 15.53% | 12.50% | 0.86x | 1.44x | CN¥44.80 Million |
| 2003 | 10.92% | 12.87% | 0.68x | 1.26x | CN¥8.90 Million |
| 2004 | 9.73% | 10.79% | 0.74x | 1.22x | CN¥-2.69 Million |
| 2005 | 11.59% | 11.33% | 0.86x | 1.19x | CN¥16.61 Million |
| 2006 | 9.84% | 10.39% | 0.76x | 1.25x | CN¥-1.63 Million |
| 2007 | 7.91% | 8.59% | 0.75x | 1.22x | CN¥-22.31 Million |
| 2008 | 16.27% | 19.54% | 0.61x | 1.36x | CN¥64.66 Million |
| 2009 | 10.27% | 15.22% | 0.40x | 1.69x | CN¥9.48 Million |
| 2010 | 10.28% | 14.98% | 0.29x | 2.37x | CN¥10.59 Million |
| 2011 | 6.39% | 7.54% | 0.34x | 2.52x | CN¥-143.36 Million |
| 2012 | 8.10% | 9.35% | 0.32x | 2.70x | CN¥-80.48 Million |
| 2013 | 8.66% | 8.61% | 0.31x | 3.20x | CN¥-60.46 Million |
| 2014 | 5.17% | 4.56% | 0.33x | 3.45x | CN¥-224.39 Million |
| 2015 | 4.09% | 6.27% | 0.24x | 2.78x | CN¥-391.42 Million |
| 2016 | 4.89% | 6.11% | 0.31x | 2.55x | CN¥-387.50 Million |
| 2017 | 6.36% | 7.85% | 0.28x | 2.84x | CN¥-283.06 Million |
| 2018 | 8.47% | 9.79% | 0.25x | 3.48x | CN¥-119.99 Million |
| 2019 | 9.26% | 10.05% | 0.25x | 3.64x | CN¥-62.41 Million |
| 2020 | 8.96% | 8.66% | 0.27x | 3.79x | CN¥-92.18 Million |
| 2021 | 7.07% | 6.74% | 0.28x | 3.72x | CN¥-274.73 Million |
| 2022 | 6.14% | 5.29% | 0.37x | 3.16x | CN¥-384.62 Million |
| 2023 | 3.62% | 4.96% | 0.25x | 2.97x | CN¥-643.05 Million |
| 2024 | 1.16% | 2.51% | 0.17x | 2.78x | CN¥-916.38 Million |
Industry Comparison
This section compares Black Peony Group 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 |
|---|---|---|---|---|
| Black Peony Group Co Ltd (600510) | CN¥11.18 Billion | 19.33% | 1.46x | $433.47 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 |