Black Peony Group Co Ltd (600510) - Net Assets

Latest as of September 2025: CN¥11.18 Billion CNY ≈ $1.64 Billion USD

Based on the latest financial reports, Black Peony Group Co Ltd (600510) has net assets worth CN¥11.18 Billion CNY (≈ $1.64 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¥27.46 Billion ≈ $4.02 Billion USD) and total liabilities (CN¥16.28 Billion ≈ $2.38 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 Black Peony Group Co Ltd liquidity resilience to evaluate the company's liquid asset resilience ratio.

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. Also explore 600510 total assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see 600510 market cap overview.

Year	Net Assets	Change
2024-12-31	CN¥11.12 Billion ≈ $1.63 Billion	+0.99%
2023-12-31	CN¥11.01 Billion ≈ $1.61 Billion	+1.00%
2022-12-31	CN¥10.90 Billion ≈ $1.60 Billion	+1.55%
2021-12-31	CN¥10.73 Billion ≈ $1.57 Billion	+4.67%
2020-12-31	CN¥10.26 Billion ≈ $1.50 Billion	+7.85%
2019-12-31	CN¥9.51 Billion ≈ $1.39 Billion	+10.09%
2018-12-31	CN¥8.64 Billion ≈ $1.26 Billion	+5.73%
2017-12-31	CN¥8.17 Billion ≈ $1.20 Billion	+1.78%
2016-12-31	CN¥8.03 Billion ≈ $1.17 Billion	+15.01%
2015-12-31	CN¥6.98 Billion ≈ $1.02 Billion	+39.66%
2014-12-31	CN¥5.00 Billion ≈ $731.23 Million	+4.19%
2013-12-31	CN¥4.80 Billion ≈ $701.80 Million	+7.22%
2012-12-31	CN¥4.47 Billion ≈ $654.53 Million	+7.64%
2011-12-31	CN¥4.16 Billion ≈ $608.08 Million	+4.59%
2010-12-31	CN¥3.97 Billion ≈ $581.41 Million	+8.30%
2009-12-31	CN¥3.67 Billion ≈ $536.85 Million	+251.61%
2008-12-31	CN¥1.04 Billion ≈ $152.68 Million	-3.65%
2007-12-31	CN¥1.08 Billion ≈ $158.47 Million	+5.33%
2006-12-31	CN¥1.03 Billion ≈ $150.45 Million	-1.87%
2005-12-31	CN¥1.05 Billion ≈ $153.31 Million	+5.06%
2004-12-31	CN¥997.29 Million ≈ $145.93 Million	+2.46%
2003-12-31	CN¥973.35 Million ≈ $142.43 Million	+19.19%
2002-12-31	CN¥816.61 Million ≈ $119.50 Million	+256.30%
2001-12-31	CN¥229.19 Million ≈ $33.54 Million	-15.19%
2000-12-31	CN¥270.24 Million ≈ $39.54 Million	+20.35%
1999-12-31	CN¥224.54 Million ≈ $32.86 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
Shandong Bailong Chuangyuan Bio-Tech Co. Ltd. SHG:605016	$1.67 Billion
Lakshmi Machine Works Limited NSE:LAXMIMACH	$1.67 Billion
LMW Limited NSE:LMW	$1.67 Billion
IBF Financial Holdings Co Ltd TW:2889	$1.67 Billion
Cohu Inc NASDAQ:COHU	$1.67 Billion
Predictive Discovery Ltd AU:PDI	$1.67 Billion
Shandong Gettop Acoustic Co Ltd SHE:002655	$1.67 Billion
Kyland Technology Co Ltd SHE:300353	$1.67 Billion

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: 1.07x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 23.81x to 1.07x 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¥11.06	x
2000-12-31	CN¥0.56	CN¥11.06	x
2001-12-31	CN¥0.51	CN¥11.06	x
2002-12-31	CN¥1.85	CN¥11.06	x
2003-12-31	CN¥2.21	CN¥11.06	x
2004-12-31	CN¥2.27	CN¥11.06	x
2005-12-31	CN¥2.38	CN¥11.06	x
2006-12-31	CN¥2.34	CN¥11.06	x
2007-12-31	CN¥2.40	CN¥11.06	x
2008-12-31	CN¥1.29	CN¥11.06	x
2009-12-31	CN¥4.48	CN¥11.06	x
2010-12-31	CN¥4.87	CN¥11.06	x
2011-12-31	CN¥5.01	CN¥11.06	x
2012-12-31	CN¥5.31	CN¥11.06	x
2013-12-31	CN¥5.66	CN¥11.06	x
2014-12-31	CN¥5.80	CN¥11.06	x
2015-12-31	CN¥8.31	CN¥11.06	x
2016-12-31	CN¥7.15	CN¥11.06	x
2017-12-31	CN¥7.40	CN¥11.06	x
2018-12-31	CN¥7.44	CN¥11.06	x
2019-12-31	CN¥8.31	CN¥11.06	x
2020-12-31	CN¥8.77	CN¥11.06	x
2021-12-31	CN¥9.23	CN¥11.06	x
2022-12-31	CN¥9.81	CN¥11.06	x
2023-12-31	CN¥9.68	CN¥11.06	x
2024-12-31	CN¥10.31	CN¥11.06	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: $2,043,217,631
Average return on equity (ROE) among peers: 2.63%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Black Peony Group Co Ltd (600510)	CN¥11.18 Billion	19.33%	1.46x	$1.67 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 Black Peony Group Co Ltd

SHG:600510 China Engineering & Construction

Market Cap

$1.67 Billion

CN¥11.41 Billion CNY

Market Cap Rank

#6934 Global

#1605 in China

Share Price

CN¥11.06

Change (1 day)

+0.73%

52-Week Range

CN¥4.84 - CN¥11.19

All Time High

CN¥16.04