Chongqing Constr Engineering

SHG:600939 China Engineering & Construction
Market Cap
$855.66 Million
CN¥6.28 Billion CNY
Market Cap Rank
#15242 Global
#4065 in China
Share Price
CN¥3.30
Change (1 day)
+0.92%
52-Week Range
CN¥2.39 - CN¥4.37
All Time High
CN¥20.45
About

Chongqing Construction Engineering Group Corporation Limited engages in construction activities in China. The company engages in housing and infrastructure construction activities. It is also involved in building material production, engineering design, machinery manufacturing, franchising, logistics, and distribution services. In addition, the company engages in the public and civil housing cons… Read more

Chongqing Constr Engineering (600939) - Net Assets

Latest net assets as of September 2025: CN¥7.66 Billion CNY

Based on the latest financial reports, Chongqing Constr Engineering (600939) has net assets worth CN¥7.66 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¥85.38 Billion) and total liabilities (CN¥77.72 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¥7.66 Billion
% of Total Assets 8.97%
Annual Growth Rate 12.86%
5-Year Change -19.63%
10-Year Change 62.0%
Growth Volatility 28.59

Chongqing Constr Engineering - Net Assets Trend (2004–2024)

This chart illustrates how Chongqing Constr Engineering's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Chongqing Constr Engineering (2004–2024)

The table below shows the annual net assets of Chongqing Constr Engineering from 2004 to 2024.

Year Net Assets Change
2024-12-31 CN¥7.95 Billion -9.24%
2023-12-31 CN¥8.76 Billion -5.32%
2022-12-31 CN¥9.25 Billion -14.22%
2021-12-31 CN¥10.79 Billion +9.03%
2020-12-31 CN¥9.89 Billion -4.92%
2019-12-31 CN¥10.40 Billion +20.40%
2018-12-31 CN¥8.64 Billion +23.80%
2017-12-31 CN¥6.98 Billion +54.62%
2016-12-31 CN¥4.51 Billion -8.02%
2015-12-31 CN¥4.91 Billion +27.67%
2014-12-31 CN¥3.84 Billion +0.97%
2013-12-31 CN¥3.81 Billion +4.37%
2012-12-31 CN¥3.65 Billion +5.67%
2011-12-31 CN¥3.45 Billion +4.25%
2010-12-31 CN¥3.31 Billion +21.29%
2009-12-31 CN¥2.73 Billion +89.36%
2008-12-31 CN¥1.44 Billion +2.81%
2007-12-31 CN¥1.40 Billion -1.81%
2006-12-31 CN¥1.43 Billion +86.76%
2005-12-31 CN¥764.82 Million +8.12%
2004-12-31 CN¥707.36 Million --

Equity Component Analysis

This analysis shows how different components contribute to Chongqing Constr Engineering'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 158737218420.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥1.56 Billion 20.02%
Common Stock CN¥1.90 Billion 24.38%
Other Comprehensive Income CN¥3.07 Billion 39.39%
Other Components CN¥1.26 Billion 16.21%
Total Equity CN¥7.80 Billion 100.00%

Chongqing Constr Engineering Competitors by Market Cap

The table below lists competitors of Chongqing Constr Engineering ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Chongqing Constr Engineering's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 8,436,651,839 to 7,802,136,000, a change of -634,515,839 (-7.5%).
  • Net loss of 436,286,318 reduced equity.
  • Dividend payments of 776,450,205 reduced retained earnings.
  • Other comprehensive income increased equity by 3,073,368,000.
  • Other factors decreased equity by 2,495,147,316.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-436.29 Million -5.59%
Dividends Paid CN¥776.45 Million -9.95%
Other Comprehensive Income CN¥3.07 Billion +39.39%
Other Changes CN¥-2.50 Billion -31.98%
Total Change CN¥- -7.52%

Book Value vs Market Value Analysis

This analysis compares Chongqing Constr Engineering'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: 0.77x
  • 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 6.29x to 0.77x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2004-12-31 CN¥0.52 CN¥3.30 x
2005-12-31 CN¥0.47 CN¥3.30 x
2006-12-31 CN¥1.17 CN¥3.30 x
2007-12-31 CN¥0.56 CN¥3.30 x
2008-12-31 CN¥0.56 CN¥3.30 x
2009-12-31 CN¥1.01 CN¥3.30 x
2010-12-31 CN¥1.35 CN¥3.30 x
2011-12-31 CN¥1.91 CN¥3.30 x
2012-12-31 CN¥2.16 CN¥3.30 x
2013-12-31 CN¥2.24 CN¥3.30 x
2014-12-31 CN¥2.44 CN¥3.30 x
2015-12-31 CN¥2.84 CN¥3.30 x
2016-12-31 CN¥2.57 CN¥3.30 x
2017-12-31 CN¥3.65 CN¥3.30 x
2018-12-31 CN¥3.52 CN¥3.30 x
2019-12-31 CN¥4.29 CN¥3.30 x
2020-12-31 CN¥5.23 CN¥3.30 x
2021-12-31 CN¥5.77 CN¥3.30 x
2022-12-31 CN¥4.69 CN¥3.30 x
2023-12-31 CN¥4.44 CN¥3.30 x
2024-12-31 CN¥4.29 CN¥3.30 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Chongqing Constr Engineering 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): -5.59%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -1.60%
  • • Asset Turnover: 0.31x
  • • Equity Multiplier: 11.20x
  • Recent ROE (-5.59%) is below the historical average (6.67%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2004 2.46% 0.26% 1.09x 8.74x CN¥-41.86 Million
2005 4.48% 0.34% 1.24x 10.57x CN¥-27.49 Million
2006 5.43% 0.75% 1.37x 5.31x CN¥-56.80 Million
2007 11.95% 1.26% 1.19x 7.93x CN¥23.88 Million
2008 5.99% 0.48% 1.04x 12.07x CN¥-49.56 Million
2009 10.97% 1.35% 0.85x 9.59x CN¥21.48 Million
2010 11.70% 1.36% 0.91x 9.52x CN¥50.57 Million
2011 15.74% 1.23% 1.05x 12.14x CN¥177.60 Million
2012 14.18% 1.13% 0.95x 13.13x CN¥147.76 Million
2013 9.67% 0.72% 0.90x 14.92x CN¥-12.23 Million
2014 1.58% 0.13% 0.77x 15.35x CN¥-311.00 Million
2015 17.32% 1.73% 0.75x 13.31x CN¥337.73 Million
2016 6.90% 0.68% 0.68x 14.91x CN¥-132.40 Million
2017 5.47% 0.81% 0.67x 10.14x CN¥-300.22 Million
2018 5.69% 0.85% 0.68x 9.95x CN¥-299.00 Million
2019 7.35% 1.21% 0.73x 8.38x CN¥-227.17 Million
2020 3.94% 0.68% 0.75x 7.74x CN¥-575.09 Million
2021 2.61% 0.47% 0.74x 7.45x CN¥-773.55 Million
2022 1.70% 0.31% 0.60x 9.19x CN¥-741.34 Million
2023 0.45% 0.08% 0.51x 10.31x CN¥-806.07 Million
2024 -5.59% -1.60% 0.31x 11.20x CN¥-1.22 Billion

Industry Comparison

This section compares Chongqing Constr Engineering'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
Chongqing Constr Engineering (600939) CN¥7.66 Billion 2.46% 10.15x $192.58 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