Gansu Qilianshan Cement Group Co Ltd (600720) - Net Assets
Based on the latest financial reports, Gansu Qilianshan Cement Group Co Ltd (600720) has net assets worth CN¥16.31 Billion CNY (≈ $2.39 Billion USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥30.61 Billion ≈ $4.48 Billion USD) and total liabilities (CN¥14.30 Billion ≈ $2.09 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 Gansu Qilianshan Cement Group Co Ltd (600720) strategic asset index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥16.31 Billion |
| % of Total Assets | 53.28% |
| Annual Growth Rate | 19.79% |
| 5-Year Change | 80.24% |
| 10-Year Change | 193.92% |
| Growth Volatility | 30.42 |
Gansu Qilianshan Cement Group Co Ltd - Net Assets Trend (1995–2025)
This chart illustrates how Gansu Qilianshan Cement Group Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see how much is Gansu Qilianshan Cement Group Co Ltd worth.
Annual Net Assets for Gansu Qilianshan Cement Group Co Ltd (1995–2025)
The table below shows the annual net assets of Gansu Qilianshan Cement Group Co Ltd from 1995 to 2025. Also explore net asset momentum of Gansu Qilianshan Cement Group Co Ltd to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥16.31 Billion ≈ $2.39 Billion |
+6.16% |
| 2024-12-31 | CN¥15.36 Billion ≈ $2.25 Billion |
+20.03% |
| 2023-12-31 | CN¥12.80 Billion ≈ $1.87 Billion |
+35.26% |
| 2022-12-31 | CN¥9.46 Billion ≈ $1.38 Billion |
+4.59% |
| 2021-12-31 | CN¥9.05 Billion ≈ $1.32 Billion |
+5.34% |
| 2020-12-31 | CN¥8.59 Billion ≈ $1.26 Billion |
+14.76% |
| 2019-12-31 | CN¥7.48 Billion ≈ $1.10 Billion |
+18.26% |
| 2018-12-31 | CN¥6.33 Billion ≈ $926.03 Million |
+7.22% |
| 2017-12-31 | CN¥5.90 Billion ≈ $863.70 Million |
+6.39% |
| 2016-12-31 | CN¥5.55 Billion ≈ $811.82 Million |
-0.26% |
| 2015-12-31 | CN¥5.56 Billion ≈ $813.90 Million |
+5.80% |
| 2014-12-31 | CN¥5.26 Billion ≈ $769.27 Million |
+12.36% |
| 2013-12-31 | CN¥4.68 Billion ≈ $684.63 Million |
+15.16% |
| 2012-12-31 | CN¥4.06 Billion ≈ $594.52 Million |
+31.80% |
| 2011-12-31 | CN¥3.08 Billion ≈ $451.09 Million |
+9.06% |
| 2010-12-31 | CN¥2.83 Billion ≈ $413.60 Million |
+22.26% |
| 2009-12-31 | CN¥2.31 Billion ≈ $338.30 Million |
+92.84% |
| 2008-12-31 | CN¥1.20 Billion ≈ $175.43 Million |
+1.16% |
| 2007-12-31 | CN¥1.19 Billion ≈ $173.41 Million |
+19.18% |
| 2006-12-31 | CN¥994.39 Million ≈ $145.51 Million |
+1.48% |
| 2005-12-31 | CN¥979.91 Million ≈ $143.39 Million |
+4.65% |
| 2004-12-31 | CN¥936.36 Million ≈ $137.02 Million |
+21.27% |
| 2003-12-31 | CN¥772.13 Million ≈ $112.99 Million |
+16.28% |
| 2002-12-31 | CN¥664.03 Million ≈ $97.17 Million |
+9.78% |
| 2001-12-31 | CN¥604.90 Million ≈ $88.52 Million |
+4.03% |
| 2000-12-31 | CN¥581.48 Million ≈ $85.09 Million |
+49.11% |
| 1999-12-31 | CN¥389.96 Million ≈ $57.06 Million |
+9.47% |
| 1998-12-31 | CN¥356.24 Million ≈ $52.13 Million |
+42.74% |
| 1997-12-31 | CN¥249.57 Million ≈ $36.52 Million |
+36.93% |
| 1996-12-31 | CN¥182.26 Million ≈ $26.67 Million |
+151.75% |
| 1995-12-31 | CN¥72.40 Million ≈ $10.59 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Gansu Qilianshan Cement 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 148250.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥4.99 Billion | 31.35% |
| Other Components | CN¥10.94 Billion | 68.65% |
| Total Equity | CN¥15.93 Billion | 100.00% |
Gansu Qilianshan Cement Group Co Ltd Competitors by Market Cap
The table below lists competitors of Gansu Qilianshan Cement Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Emami Limited
NSE:EMAMILTD
|
$1.74 Billion |
|
Graubuendner Kantonalbank
SW:GRKP
|
$1.74 Billion |
|
China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd
SHE:000758
|
$1.74 Billion |
|
ArcSoft Corp Ltd
SHG:688088
|
$1.74 Billion |
|
Inspire Medical Systems Inc
NYSE:INSP
|
$1.74 Billion |
|
CJ Cheiljedang
KO:097950
|
$1.74 Billion |
|
Ola Electric Mobility Ltd
NSE:OLAELEC
|
$1.74 Billion |
|
Ennoconn Corp
TW:6414
|
$1.74 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Gansu Qilianshan Cement Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 15,024,654,959 to 15,931,500,456, a change of 906,845,497 (6.0%).
- Net income of 1,455,068,881 contributed positively to equity growth.
- Dividend payments of 418,984,866 reduced retained earnings.
- Other comprehensive income increased equity by 42,413,767.
- Other factors decreased equity by 171,652,286.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥1.46 Billion | +9.13% |
| Dividends Paid | CN¥418.98 Million | -2.63% |
| Other Comprehensive Income | CN¥42.41 Million | +0.27% |
| Other Changes | CN¥-171.65 Million | -1.08% |
| Total Change | CN¥- | 6.04% |
Book Value vs Market Value Analysis
This analysis compares Gansu Qilianshan Cement 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: 0.75x
- 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 38.75x to 0.75x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1995-12-31 | CN¥0.13 | CN¥5.18 | x |
| 1996-12-31 | CN¥0.34 | CN¥5.18 | x |
| 1997-12-31 | CN¥0.38 | CN¥5.18 | x |
| 1998-12-31 | CN¥0.57 | CN¥5.18 | x |
| 1999-12-31 | CN¥0.63 | CN¥5.18 | x |
| 2000-12-31 | CN¥0.97 | CN¥5.18 | x |
| 2001-12-31 | CN¥1.01 | CN¥5.18 | x |
| 2002-12-31 | CN¥1.12 | CN¥5.18 | x |
| 2003-12-31 | CN¥1.22 | CN¥5.18 | x |
| 2004-12-31 | CN¥1.59 | CN¥5.18 | x |
| 2005-12-31 | CN¥1.60 | CN¥5.18 | x |
| 2006-12-31 | CN¥1.62 | CN¥5.18 | x |
| 2007-12-31 | CN¥1.64 | CN¥5.18 | x |
| 2008-12-31 | CN¥1.92 | CN¥5.18 | x |
| 2009-12-31 | CN¥3.50 | CN¥5.18 | x |
| 2010-12-31 | CN¥3.87 | CN¥5.18 | x |
| 2011-12-31 | CN¥4.62 | CN¥5.18 | x |
| 2012-12-31 | CN¥5.76 | CN¥5.18 | x |
| 2013-12-31 | CN¥5.39 | CN¥5.18 | x |
| 2014-12-31 | CN¥6.17 | CN¥5.18 | x |
| 2015-12-31 | CN¥6.20 | CN¥5.18 | x |
| 2016-12-31 | CN¥6.28 | CN¥5.18 | x |
| 2017-12-31 | CN¥6.88 | CN¥5.18 | x |
| 2018-12-31 | CN¥7.42 | CN¥5.18 | x |
| 2019-12-31 | CN¥8.76 | CN¥5.18 | x |
| 2020-12-31 | CN¥10.07 | CN¥5.18 | x |
| 2021-12-31 | CN¥10.62 | CN¥5.18 | x |
| 2022-12-31 | CN¥11.14 | CN¥5.18 | x |
| 2023-12-31 | CN¥9.25 | CN¥5.18 | x |
| 2024-12-31 | CN¥7.09 | CN¥5.18 | x |
| 2025-12-31 | CN¥6.94 | CN¥5.18 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Gansu Qilianshan Cement 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): 9.13%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.16%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 1.93x
- Recent ROE (9.13%) is below the historical average (10.38%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1995 | 14.86% | 7.21% | 0.87x | 2.36x | CN¥3.52 Million |
| 1996 | 14.00% | 15.20% | 0.54x | 1.69x | CN¥7.29 Million |
| 1997 | 9.36% | 9.16% | 0.50x | 2.04x | CN¥-1.32 Million |
| 1998 | 7.23% | 10.03% | 0.41x | 1.76x | CN¥-8.63 Million |
| 1999 | 11.82% | 16.63% | 0.42x | 1.70x | CN¥6.25 Million |
| 2000 | 10.43% | 20.01% | 0.34x | 1.54x | CN¥2.28 Million |
| 2001 | 9.41% | 19.32% | 0.27x | 1.78x | CN¥-3.24 Million |
| 2002 | 6.89% | 10.91% | 0.33x | 1.91x | CN¥-18.89 Million |
| 2003 | 5.98% | 8.58% | 0.29x | 2.39x | CN¥-26.63 Million |
| 2004 | 3.18% | 3.85% | 0.38x | 2.18x | CN¥-58.61 Million |
| 2005 | 0.67% | 0.76% | 0.35x | 2.53x | CN¥-80.97 Million |
| 2006 | 0.80% | 0.69% | 0.41x | 2.78x | CN¥-80.69 Million |
| 2007 | 0.61% | 0.44% | 0.43x | 3.21x | CN¥-85.61 Million |
| 2008 | 16.66% | 9.68% | 0.55x | 3.14x | CN¥70.54 Million |
| 2009 | 19.31% | 16.60% | 0.53x | 2.19x | CN¥196.74 Million |
| 2010 | 19.15% | 16.45% | 0.46x | 2.54x | CN¥234.72 Million |
| 2011 | 11.66% | 9.17% | 0.42x | 3.06x | CN¥47.29 Million |
| 2012 | 4.68% | 4.09% | 0.42x | 2.73x | CN¥-196.88 Million |
| 2013 | 11.50% | 8.22% | 0.53x | 2.63x | CN¥62.48 Million |
| 2014 | 11.73% | 9.14% | 0.57x | 2.26x | CN¥82.83 Million |
| 2015 | 3.73% | 3.70% | 0.45x | 2.25x | CN¥-301.71 Million |
| 2016 | 3.42% | 3.26% | 0.48x | 2.19x | CN¥-320.83 Million |
| 2017 | 10.76% | 9.63% | 0.59x | 1.90x | CN¥40.83 Million |
| 2018 | 11.37% | 11.34% | 0.60x | 1.68x | CN¥79.01 Million |
| 2019 | 18.14% | 17.81% | 0.65x | 1.57x | CN¥553.90 Million |
| 2020 | 18.39% | 18.40% | 0.71x | 1.41x | CN¥655.56 Million |
| 2021 | 11.50% | 12.35% | 0.66x | 1.41x | CN¥123.44 Million |
| 2022 | 19.57% | 12.82% | 1.13x | 1.35x | CN¥828.77 Million |
| 2023 | 14.14% | 13.07% | 0.49x | 2.20x | CN¥516.85 Million |
| 2024 | 11.66% | 14.08% | 0.40x | 2.05x | CN¥248.73 Million |
| 2025 | 9.13% | 13.16% | 0.36x | 1.93x | CN¥-138.08 Million |
Industry Comparison
This section compares Gansu Qilianshan Cement 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: $3,355,725,444
- Average return on equity (ROE) among peers: 8.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Gansu Qilianshan Cement Group Co Ltd (600720) | CN¥16.31 Billion | 14.86% | 0.88x | $1.74 Billion |
| Shenzhen Ecobeauty Co Ltd (000010) | $118.86 Million | 9.59% | 0.84x | $265.80 Million |
| Shenzhen Sed Industry Co Ltd (000032) | $625.86 Million | 4.13% | 0.98x | $2.60 Billion |
| NORINCO International Cooperation Ltd (000065) | $356.94 Million | 7.11% | 1.68x | $1.66 Billion |
| Shenzhen Tagen Group Co Ltd (000090) | $931.40 Million | 11.18% | 1.70x | $967.93 Million |
| Shandong Hi-Speed Road&Bridge (000498) | $20.01 Billion | 10.67% | 3.17x | $1.15 Billion |
| Jinyuan Cement Co Ltd (000546) | $3.87 Billion | 9.07% | 1.07x | $510.94 Million |
| Hunan Investment Group Co Ltd (000548) | $1.48 Billion | 5.89% | 0.49x | $333.84 Million |
| ChengDu Hi-Tech Development Co Ltd (000628) | $2.16 Billion | 2.85% | 5.83x | $3.12 Billion |
| Gansu Engineering Consulting Group Co Ltd (000779) | $2.45 Billion | 13.33% | 0.71x | $601.29 Million |
| Hainan Expressway Co Ltd (000886) | $1.56 Billion | 10.13% | 0.72x | $677.18 Million |
About Gansu Qilianshan Cement Group Co Ltd
CCCC Design & Consulting Group Co., Ltd., together with its subsidiaries, provides engineering design and consulting services in China and internationally. The company surveying services; specialized engineering construction services, including electromechanical and traffic safety engineering, and photovoltaic installation; supervision and engineering testing services; and process services for hi… Read more