China Communications Construction Co Ltd (601800) - Net Assets
Based on the latest financial reports, China Communications Construction Co Ltd (601800) has net assets worth CN¥449.43 Billion CNY (≈ $65.77 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¥2.04 Trillion ≈ $298.47 Billion USD) and total liabilities (CN¥1.59 Trillion ≈ $232.70 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 how resilient are China Communications Construction Co Ltd's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥449.43 Billion |
| % of Total Assets | 22.03% |
| Annual Growth Rate | 23.5% |
| 5-Year Change | 30.75% |
| 10-Year Change | 175.9% |
| Growth Volatility | 49.43 |
China Communications Construction Co Ltd - Net Assets Trend (2003–2024)
This chart illustrates how China Communications Construction Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore China Communications Construction Co Ltd total assets for the complete picture of this company's asset base.
Annual Net Assets for China Communications Construction Co Ltd (2003–2024)
The table below shows the annual net assets of China Communications Construction Co Ltd from 2003 to 2024. For live valuation and market cap data, see market value of China Communications Construction Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥467.82 Billion ≈ $68.46 Billion |
+1.89% |
| 2023-12-31 | CN¥459.12 Billion ≈ $67.18 Billion |
+7.73% |
| 2022-12-31 | CN¥426.18 Billion ≈ $62.36 Billion |
+8.90% |
| 2021-12-31 | CN¥391.35 Billion ≈ $57.27 Billion |
+9.38% |
| 2020-12-31 | CN¥357.80 Billion ≈ $52.36 Billion |
+20.72% |
| 2019-12-31 | CN¥296.38 Billion ≈ $43.37 Billion |
+23.66% |
| 2018-12-31 | CN¥239.68 Billion ≈ $35.07 Billion |
+16.38% |
| 2017-12-31 | CN¥205.94 Billion ≈ $30.14 Billion |
+10.15% |
| 2016-12-31 | CN¥186.96 Billion ≈ $27.36 Billion |
+10.26% |
| 2015-12-31 | CN¥169.56 Billion ≈ $24.81 Billion |
+28.27% |
| 2014-12-31 | CN¥132.20 Billion ≈ $19.34 Billion |
+25.25% |
| 2013-12-31 | CN¥105.55 Billion ≈ $15.44 Billion |
+8.61% |
| 2012-12-31 | CN¥97.18 Billion ≈ $14.22 Billion |
+18.46% |
| 2011-12-31 | CN¥82.04 Billion ≈ $12.00 Billion |
+9.35% |
| 2010-12-31 | CN¥75.02 Billion ≈ $10.98 Billion |
+6.49% |
| 2009-12-31 | CN¥70.45 Billion ≈ $10.31 Billion |
+24.86% |
| 2008-12-31 | CN¥56.42 Billion ≈ $8.26 Billion |
-5.43% |
| 2007-12-31 | CN¥59.66 Billion ≈ $8.73 Billion |
+49.20% |
| 2006-12-31 | CN¥39.99 Billion ≈ $5.85 Billion |
+240.61% |
| 2005-12-31 | CN¥11.74 Billion ≈ $1.72 Billion |
+47.16% |
| 2004-12-31 | CN¥7.98 Billion ≈ $1.17 Billion |
+43.62% |
| 2003-12-31 | CN¥5.55 Billion ≈ $812.81 Million |
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Equity Component Analysis
This analysis shows how different components contribute to China Communications Construction 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 19508200000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥195.08 Billion | 62.24% |
| Common Stock | CN¥16.28 Billion | 5.19% |
| Other Components | CN¥102.06 Billion | 32.56% |
| Total Equity | CN¥313.43 Billion | 100.00% |
China Communications Construction Co Ltd Competitors by Market Cap
The table below lists competitors of China Communications Construction Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AGNC Investment Corp
NASDAQ:AGNC
|
$12.12 Billion |
|
Insulet Corporation
NASDAQ:PODD
|
$12.12 Billion |
|
ageas SA/NV
BR:AGS
|
$12.13 Billion |
|
Banco Comercial Portugues
LS:BCP
|
$12.14 Billion |
|
Hecla Mining Company
NYSE:HL
|
$12.11 Billion |
|
Check Point Software Technologies Ltd
NASDAQ:CHKP
|
$12.09 Billion |
|
CP ALL Public Company Limited
BK:CPALL
|
$12.09 Billion |
|
Axa Equitable Holdings Inc
NYSE:EQH
|
$12.08 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China Communications Construction Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 266,734,895,000 to 313,425,000,000, a change of 46,690,105,000 (17.5%).
- Net income of 22,106,072,000 contributed positively to equity growth.
- Dividend payments of 7,042,241,000 reduced retained earnings.
- Share repurchases of 7,995,000 reduced equity.
- Other comprehensive income decreased equity by 49,930,667,000.
- Other factors increased equity by 81,564,936,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥22.11 Billion | +7.05% |
| Dividends Paid | CN¥7.04 Billion | -2.25% |
| Share Repurchases | CN¥8.00 Million | -0.0% |
| Other Comprehensive Income | CN¥-49.93 Billion | -15.93% |
| Other Changes | CN¥81.56 Billion | +26.02% |
| Total Change | CN¥- | 17.50% |
Book Value vs Market Value Analysis
This analysis compares China Communications Construction 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: 0.36x
- 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 26.02x to 0.36x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | CN¥0.27 | CN¥7.01 | x |
| 2004-12-31 | CN¥0.36 | CN¥7.01 | x |
| 2005-12-31 | CN¥0.56 | CN¥7.01 | x |
| 2006-12-31 | CN¥3.19 | CN¥7.01 | x |
| 2007-12-31 | CN¥3.37 | CN¥7.01 | x |
| 2008-12-31 | CN¥3.09 | CN¥7.01 | x |
| 2009-12-31 | CN¥3.96 | CN¥7.01 | x |
| 2010-12-31 | CN¥4.34 | CN¥7.01 | x |
| 2011-12-31 | CN¥4.79 | CN¥7.01 | x |
| 2012-12-31 | CN¥5.49 | CN¥7.01 | x |
| 2013-12-31 | CN¥5.90 | CN¥7.01 | x |
| 2014-12-31 | CN¥7.25 | CN¥7.01 | x |
| 2015-12-31 | CN¥8.91 | CN¥7.01 | x |
| 2016-12-31 | CN¥9.25 | CN¥7.01 | x |
| 2017-12-31 | CN¥10.66 | CN¥7.01 | x |
| 2018-12-31 | CN¥11.52 | CN¥7.01 | x |
| 2019-12-31 | CN¥14.23 | CN¥7.01 | x |
| 2020-12-31 | CN¥15.16 | CN¥7.01 | x |
| 2021-12-31 | CN¥16.10 | CN¥7.01 | x |
| 2022-12-31 | CN¥17.44 | CN¥7.01 | x |
| 2023-12-31 | CN¥16.50 | CN¥7.01 | x |
| 2024-12-31 | CN¥19.39 | CN¥7.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China Communications Construction 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): 7.05%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.86%
- • Asset Turnover: 0.42x
- • Equity Multiplier: 5.93x
- Recent ROE (7.05%) is below the historical average (10.75%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 6.42% | 0.52% | 0.94x | 12.97x | CN¥-140.88 Million |
| 2004 | 20.36% | 1.63% | 1.03x | 12.12x | CN¥544.97 Million |
| 2005 | 22.64% | 2.24% | 1.07x | 9.42x | CN¥1.04 Billion |
| 2006 | 9.13% | 2.79% | 0.90x | 3.66x | CN¥-302.97 Million |
| 2007 | 9.52% | 3.20% | 0.87x | 3.41x | CN¥-242.57 Million |
| 2008 | 12.96% | 3.26% | 0.81x | 4.89x | CN¥1.34 Billion |
| 2009 | 0.21% | 1.31% | 0.03x | 4.56x | CN¥-5.75 Billion |
| 2010 | 14.75% | 3.45% | 0.88x | 4.86x | CN¥3.04 Billion |
| 2011 | 16.29% | 4.04% | 0.80x | 5.05x | CN¥4.48 Billion |
| 2012 | 13.66% | 4.04% | 0.68x | 4.95x | CN¥3.21 Billion |
| 2013 | 12.71% | 3.65% | 0.64x | 5.42x | CN¥2.59 Billion |
| 2014 | 11.86% | 3.79% | 0.58x | 5.38x | CN¥2.18 Billion |
| 2015 | 10.66% | 3.88% | 0.55x | 4.97x | CN¥972.53 Million |
| 2016 | 10.49% | 4.10% | 0.51x | 5.02x | CN¥776.43 Million |
| 2017 | 11.35% | 4.26% | 0.57x | 4.69x | CN¥2.45 Billion |
| 2018 | 9.83% | 3.95% | 0.51x | 4.87x | CN¥-337.38 Million |
| 2019 | 8.70% | 3.60% | 0.50x | 4.87x | CN¥-3.00 Billion |
| 2020 | 6.26% | 2.44% | 0.48x | 5.32x | CN¥-9.17 Billion |
| 2021 | 6.32% | 2.40% | 0.49x | 5.34x | CN¥-9.57 Billion |
| 2022 | 6.83% | 2.67% | 0.48x | 5.36x | CN¥-8.93 Billion |
| 2023 | 8.43% | 2.96% | 0.45x | 6.31x | CN¥-4.18 Billion |
| 2024 | 7.05% | 2.86% | 0.42x | 5.93x | CN¥-9.24 Billion |
Industry Comparison
This section compares China Communications Construction Co Ltd's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $3,463,807,177
- Average return on equity (ROE) among peers: -7.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China Communications Construction Co Ltd (601800) | CN¥449.43 Billion | 6.42% | 3.54x | $12.11 Billion |
| Shenzhen Ecobeauty Co Ltd (000010) | $141.82 Million | 9.21% | 1.39x | $486.19 Million |
| Shenzhen Sed Industry Co Ltd (000032) | $869.50 Million | 3.13% | 0.81x | $3.08 Billion |
| NORINCO International Cooperation Ltd (000065) | $536.55 Million | 10.55% | 3.36x | $2.17 Billion |
| Shenzhen Tagen Group Co Ltd (000090) | $15.02 Billion | 4.13% | 3.25x | $962.46 Million |
| Shandong Hi-Speed Road&Bridge (000498) | $12.89 Billion | 10.38% | 3.27x | $1.26 Billion |
| Jinyuan Cement Co Ltd (000546) | $175.97 Million | 11.17% | 1.41x | $878.49 Million |
| Hunan Investment Group Co Ltd (000548) | $1.50 Billion | 0.71% | 0.30x | $389.36 Million |
| ChengDu Hi-Tech Development Co Ltd (000628) | $419.24 Million | -38.00% | 3.15x | $3.41 Billion |
| Gansu Engineering Consulting Group Co Ltd (000779) | $413.25 Million | -88.03% | 0.77x | $602.65 Million |
| Hainan Expressway Co Ltd (000886) | $2.66 Billion | 3.54% | 0.19x | $800.17 Million |
About China Communications Construction Co Ltd
China Communications Construction Company Limited, together with its subsidiaries, engages in the infrastructure construction, infrastructure design, and dredging businesses in Mainland China, Australia, Hong Kong, Africa, the Middle East, and Southeast Asia. It operates through four segments: Construction, Design, Dredging, and Others. The company is involved in the infrastructure construction b… Read more