China Security & Fire Co Ltd Class A

SHG:600654 China Security & Protection Services
Market Cap
$1.37 Billion
CN¥10.04 Billion CNY
Market Cap Rank
#7787 Global
#1378 in China
Share Price
CN¥3.49
Change (1 day)
-2.51%
52-Week Range
CN¥2.77 - CN¥4.50
All Time High
CN¥38.85
Categories
Companies in China Security & Protection Services
About

China Security Co., Ltd. provides security services in China. The company offers intelligent building alarm systems, perimeter prevention and alarms, indoor security systems, smart all in one card platforms, intelligent access controls, intelligent parking lot processing systems, on line monitoring equipment for transmission, power safety operation monitoring, and monitoring equipment for mountai… Read more

China Security & Fire Co Ltd Class A (600654) - Net Assets

Latest net assets as of September 2025: CN¥1.73 Billion CNY

Based on the latest financial reports, China Security & Fire Co Ltd Class A (600654) has net assets worth CN¥1.73 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¥3.66 Billion) and total liabilities (CN¥1.93 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¥1.73 Billion
% of Total Assets 47.22%
Annual Growth Rate 13.09%
5-Year Change 1689.89%
10-Year Change -42.98%
Growth Volatility 310.82

China Security & Fire Co Ltd Class A - Net Assets Trend (1990–2024)

This chart illustrates how China Security & Fire Co Ltd Class A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for China Security & Fire Co Ltd Class A (1990–2024)

The table below shows the annual net assets of China Security & Fire Co Ltd Class A from 1990 to 2024.

Year Net Assets Change
2024-12-31 CN¥1.66 Billion +4.24%
2023-12-31 CN¥1.59 Billion +8.93%
2022-12-31 CN¥1.46 Billion +201.02%
2021-12-31 CN¥-1.45 Billion -1660.41%
2020-12-31 CN¥92.61 Million -70.44%
2019-12-31 CN¥313.34 Million +45.99%
2018-12-31 CN¥214.64 Million -90.10%
2017-12-31 CN¥2.17 Billion -27.12%
2016-12-31 CN¥2.98 Billion +2.36%
2015-12-31 CN¥2.91 Billion +10.52%
2014-12-31 CN¥2.63 Billion +66.30%
2013-12-31 CN¥1.58 Billion +6.31%
2012-12-31 CN¥1.49 Billion +10.51%
2011-12-31 CN¥1.35 Billion +11.71%
2010-12-31 CN¥1.21 Billion +8.76%
2009-12-31 CN¥1.11 Billion +1.23%
2008-12-31 CN¥1.09 Billion -1.84%
2007-12-31 CN¥1.12 Billion -17.89%
2006-12-31 CN¥1.36 Billion -0.89%
2005-12-31 CN¥1.37 Billion +3.61%
2004-12-31 CN¥1.32 Billion +2.91%
2003-12-31 CN¥1.28 Billion +0.38%
2002-12-31 CN¥1.28 Billion -0.36%
2001-12-31 CN¥1.28 Billion +73.29%
2000-12-31 CN¥741.35 Million +5.56%
1999-12-31 CN¥702.33 Million +0.49%
1998-12-31 CN¥698.90 Million +16.01%
1997-12-31 CN¥602.43 Million +49.37%
1996-12-31 CN¥403.32 Million +11.16%
1995-12-31 CN¥362.82 Million +2.98%
1994-12-31 CN¥352.34 Million +39.85%
1993-12-31 CN¥251.94 Million +39.03%
1992-12-31 CN¥181.21 Million +646.71%
1991-12-31 CN¥24.27 Million -3.92%
1990-12-31 CN¥25.26 Million --

Equity Component Analysis

This analysis shows how different components contribute to China Security & Fire Co Ltd Class A'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 decreased by 97010.9% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥2.88 Billion 173.52%
Other Comprehensive Income CN¥229.77 Million 13.86%
Other Components CN¥2.67 Billion 161.03%
Total Equity CN¥1.66 Billion 100.00%

China Security & Fire Co Ltd Class A Competitors by Market Cap

The table below lists competitors of China Security & Fire Co Ltd Class A ranked by their market capitalization.

Company Market Cap
Hanwha Corp Preferred
KO:00088K
 		$892.93 Million
Great Wall Enterprise Co Ltd
TW:1210
 		$893.11 Million
Nippon Light Metal Holdings Company Ltd
F:N9L
 		$893.22 Million
Harbin Gloria Pharmaceuticals
SHE:002437
 		$893.29 Million
Guobang Pharma Ltd
SHG:605507
 		$892.06 Million
Hanwha Life
KO:088350
 		$891.63 Million
Zibo Qixiang Tengda Chemical Co Ltd
SHE:002408
 		$891.48 Million
Bank Handlowy w Warszawie SA
WAR:BHW
 		$891.34 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in China Security & Fire Co Ltd Class A's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,589,445,000 to 1,657,653,000, a change of 68,208,000 (4.3%).
  • Net income of 20,029,341 contributed positively to equity growth.
  • Dividend payments of 16,195,000 reduced retained earnings.
  • Share repurchases of 1,832,187 reduced equity.
  • Other comprehensive income decreased equity by 9,749,776.
  • Other factors increased equity by 75,955,622.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥20.03 Million +1.21%
Dividends Paid CN¥16.20 Million -0.98%
Share Repurchases CN¥1.83 Million -0.11%
Other Comprehensive Income CN¥-9.75 Million -0.59%
Other Changes CN¥75.96 Million +4.58%
Total Change CN¥- 4.29%

Book Value vs Market Value Analysis

This analysis compares China Security & Fire Co Ltd Class A'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: 6.02x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 177.27x to 6.02x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1990-12-31 CN¥0.02 CN¥3.49 x
1991-12-31 CN¥0.02 CN¥3.49 x
1992-12-31 CN¥0.14 CN¥3.49 x
1993-12-31 CN¥0.19 CN¥3.49 x
1994-12-31 CN¥0.27 CN¥3.49 x
1995-12-31 CN¥0.28 CN¥3.49 x
1996-12-31 CN¥0.31 CN¥3.49 x
1997-12-31 CN¥0.87 CN¥3.49 x
1998-12-31 CN¥0.85 CN¥3.49 x
1999-12-31 CN¥0.96 CN¥3.49 x
2000-12-31 CN¥0.98 CN¥3.49 x
2001-12-31 CN¥1.79 CN¥3.49 x
2002-12-31 CN¥1.81 CN¥3.49 x
2003-12-31 CN¥1.82 CN¥3.49 x
2004-12-31 CN¥1.85 CN¥3.49 x
2005-12-31 CN¥1.90 CN¥3.49 x
2006-12-31 CN¥1.86 CN¥3.49 x
2007-12-31 CN¥1.39 CN¥3.49 x
2008-12-31 CN¥1.50 CN¥3.49 x
2009-12-31 CN¥1.42 CN¥3.49 x
2010-12-31 CN¥1.48 CN¥3.49 x
2011-12-31 CN¥1.76 CN¥3.49 x
2012-12-31 CN¥1.87 CN¥3.49 x
2013-12-31 CN¥0.85 CN¥3.49 x
2014-12-31 CN¥6.62 CN¥3.49 x
2015-12-31 CN¥2.42 CN¥3.49 x
2016-12-31 CN¥2.23 CN¥3.49 x
2017-12-31 CN¥1.68 CN¥3.49 x
2018-12-31 CN¥0.17 CN¥3.49 x
2019-12-31 CN¥0.24 CN¥3.49 x
2020-12-31 CN¥0.07 CN¥3.49 x
2021-12-31 CN¥-1.13 CN¥3.49 x
2022-12-31 CN¥0.52 CN¥3.49 x
2023-12-31 CN¥0.56 CN¥3.49 x
2024-12-31 CN¥0.58 CN¥3.49 x

Capital Efficiency Dashboard

This dashboard shows how efficiently China Security & Fire Co Ltd Class A 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): 1.21%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 0.66%
  • • Asset Turnover: 0.81x
  • • Equity Multiplier: 2.28x
  • Recent ROE (1.21%) is above the historical average (-27.40%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1990 1.41% 0.71% 0.44x 4.52x CN¥-2.17 Million
1991 7.27% 3.25% 0.36x 6.13x CN¥-662.29K
1992 4.94% 14.26% 0.23x 1.53x CN¥-9.17 Million
1993 9.38% 15.16% 0.34x 1.83x CN¥-1.54 Million
1994 9.80% 12.54% 0.47x 1.65x CN¥-678.70K
1995 11.10% 12.93% 0.42x 2.05x CN¥3.89 Million
1996 10.38% 13.54% 0.32x 2.40x CN¥1.51 Million
1997 10.04% 13.82% 0.34x 2.11x CN¥246.80K
1998 11.51% 13.17% 0.33x 2.64x CN¥8.54 Million
1999 11.78% 14.28% 0.34x 2.43x CN¥11.34 Million
2000 11.79% 13.99% 0.33x 2.54x CN¥11.62 Million
2001 4.42% 11.62% 0.21x 1.85x CN¥-66.08 Million
2002 1.28% 2.48% 0.26x 1.97x CN¥-104.29 Million
2003 1.80% 2.38% 0.42x 1.79x CN¥-98.71 Million
2004 2.70% 4.31% 0.36x 1.75x CN¥-89.57 Million
2005 2.80% 2.85% 0.51x 1.93x CN¥-90.28 Million
2006 1.61% 1.39% 0.62x 1.89x CN¥-103.12 Million
2007 -20.18% -14.19% 0.69x 2.05x CN¥-316.70 Million
2008 0.40% 0.30% 0.65x 2.00x CN¥-98.86 Million
2009 1.02% 0.87% 0.65x 1.80x CN¥-94.03 Million
2010 9.43% 9.35% 0.67x 1.50x CN¥-6.50 Million
2011 7.97% 7.79% 0.61x 1.67x CN¥-26.17 Million
2012 7.50% 5.19% 0.93x 1.55x CN¥-35.04 Million
2013 41.40% 17.21% 0.37x 6.42x CN¥105.98 Million
2014 9.81% 16.35% 0.37x 1.60x CN¥-4.94 Million
2015 9.54% 15.15% 0.30x 2.11x CN¥-14.08 Million
2016 8.50% 7.20% 0.32x 3.70x CN¥-43.57 Million
2017 -33.90% -24.76% 0.32x 4.27x CN¥-951.88 Million
2018 -922.80% -54.62% 0.65x 26.10x CN¥-2.00 Billion
2019 21.34% 2.31% 0.53x 17.29x CN¥35.52 Million
2020 -196.88% -6.05% 0.65x 49.99x CN¥-191.60 Million
2021 0.00% -59.37% 0.63x 0.00x CN¥-1.35 Billion
2022 -23.04% -13.22% 0.59x 2.96x CN¥-482.09 Million
2023 5.67% 3.15% 0.73x 2.48x CN¥-68.87 Million
2024 1.21% 0.66% 0.81x 2.28x CN¥-145.74 Million

Industry Comparison

This section compares China Security & Fire Co Ltd Class A's net assets metrics with peer companies in the Security & Protection Services industry.

Industry Context

  • Industry: Security & Protection Services
  • Average net assets among peers: $1,822,978,152
  • Average return on equity (ROE) among peers: 12.91%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
China Security & Fire Co Ltd Class A (600654) CN¥1.73 Billion 1.41% 1.12x $892.88 Million
Zhejiang Dahua Technology Co Ltd (002236) $8.43 Billion 21.66% 0.82x $3.97 Billion
Shenzhen Infinova Ltd (002528) $3.67 Billion 3.78% 0.49x $240.84 Million
Shenzhen TVT Digital Technology Co Ltd (002835) $1.19 Billion 16.91% 0.26x $194.68 Million
Jade Bird Fire Alarm (002960) $312.42 Million 39.55% 0.76x $669.57 Million
Beijing Telesound Electronics Co Ltd (003004) $227.69 Million 31.85% 0.74x $135.61 Million
Guangdong Anjubao Digital Tech (300155) $1.33 Billion -2.95% 0.14x $178.64 Million
Xiamen Meiya Pico Information (300188) $850.91 Million 6.61% 0.23x $820.69 Million
Joyware Electronics Co Ltd (300270) $526.66 Million 7.96% 0.26x $365.57 Million
Chongqing Mas Sci&Tech (300275) $894.00 Million 6.22% 0.51x $378.98 Million
Sinosun Tech (300333) $807.95 Million -2.48% 0.08x $392.33 Million