ARTS Group Co Ltd

SHG:603017 China Engineering & Construction
Market Cap
$494.24 Million
CN¥3.63 Billion CNY
Market Cap Rank
#14257 Global
#3739 in China
Share Price
CN¥13.13
Change (1 day)
-1.35%
52-Week Range
CN¥7.60 - CN¥14.63
All Time High
CN¥21.84
About

ARTS Group Co., Ltd operates in the engineering technology service industry in China and internationally. It offers engineering supervision and management, engineering design, architectural and planning design consulting business, EPC project general contracting services, as well as investment and financing activities. The company was formerly known as Suzhou Industrial Park Design & Research Ins… Read more

ARTS Group Co Ltd (603017) - Net Assets

Latest net assets as of September 2025: CN¥1.50 Billion CNY

Based on the latest financial reports, ARTS Group Co Ltd (603017) has net assets worth CN¥1.50 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¥3.39 Billion) and total liabilities (CN¥1.89 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¥1.50 Billion
% of Total Assets 44.23%
Annual Growth Rate 15.13%
5-Year Change -26.83%
10-Year Change 68.0%
Growth Volatility 38.81

ARTS Group Co Ltd - Net Assets Trend (2011–2024)

This chart illustrates how ARTS Group Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for ARTS Group Co Ltd (2011–2024)

The table below shows the annual net assets of ARTS Group Co Ltd from 2011 to 2024.

Year Net Assets Change
2024-12-31 CN¥1.48 Billion -0.20%
2023-12-31 CN¥1.48 Billion +3.24%
2022-12-31 CN¥1.44 Billion +0.43%
2021-12-31 CN¥1.43 Billion -29.29%
2020-12-31 CN¥2.02 Billion +4.65%
2019-12-31 CN¥1.93 Billion +5.79%
2018-12-31 CN¥1.83 Billion +4.10%
2017-12-31 CN¥1.76 Billion +11.47%
2016-12-31 CN¥1.58 Billion +78.73%
2015-12-31 CN¥881.74 Million +7.31%
2014-12-31 CN¥821.69 Million +127.89%
2013-12-31 CN¥360.56 Million +19.12%
2012-12-31 CN¥302.69 Million +27.69%
2011-12-31 CN¥237.05 Million --

Equity Component Analysis

This analysis shows how different components contribute to ARTS 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 200.3% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥91.54 Million 6.26%
Common Stock CN¥275.91 Million 18.86%
Other Comprehensive Income CN¥160.51 Million 10.97%
Other Components CN¥935.07 Million 63.91%
Total Equity CN¥1.46 Billion 100.00%

ARTS Group Co Ltd Competitors by Market Cap

The table below lists competitors of ARTS Group Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in ARTS Group Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,460,478,954 to 1,463,023,160, a change of 2,544,206 (0.2%).
  • Net income of 51,317,378 contributed positively to equity growth.
  • Dividend payments of 35,550,214 reduced retained earnings.
  • Share repurchases of 30,056,302 reduced equity.
  • Other comprehensive income increased equity by 3,314,860.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥51.32 Million +3.51%
Dividends Paid CN¥35.55 Million -2.43%
Share Repurchases CN¥30.06 Million -2.05%
Other Comprehensive Income CN¥3.31 Million +0.23%
Other Changes CN¥13.52 Million +0.92%
Total Change CN¥- 0.17%

Book Value vs Market Value Analysis

This analysis compares ARTS 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: 2.46x
  • 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 10.06x to 2.46x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2011-12-31 CN¥1.31 CN¥13.13 x
2012-12-31 CN¥1.66 CN¥13.13 x
2013-12-31 CN¥1.96 CN¥13.13 x
2014-12-31 CN¥4.53 CN¥13.13 x
2015-12-31 CN¥3.61 CN¥13.13 x
2016-12-31 CN¥6.04 CN¥13.13 x
2017-12-31 CN¥6.23 CN¥13.13 x
2018-12-31 CN¥6.52 CN¥13.13 x
2019-12-31 CN¥6.88 CN¥13.13 x
2020-12-31 CN¥7.20 CN¥13.13 x
2021-12-31 CN¥5.10 CN¥13.13 x
2022-12-31 CN¥5.11 CN¥13.13 x
2023-12-31 CN¥5.34 CN¥13.13 x
2024-12-31 CN¥5.34 CN¥13.13 x

Capital Efficiency Dashboard

This dashboard shows how efficiently ARTS 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): 3.51%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 3.85%
  • • Asset Turnover: 0.41x
  • • Equity Multiplier: 2.25x
  • Recent ROE (3.51%) is below the historical average (9.56%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2011 27.87% 17.10% 1.11x 1.47x CN¥41.94 Million
2012 27.61% 18.86% 0.98x 1.49x CN¥52.46 Million
2013 24.10% 17.96% 0.80x 1.69x CN¥49.78 Million
2014 11.26% 16.94% 0.52x 1.29x CN¥10.24 Million
2015 7.76% 10.64% 0.32x 2.30x CN¥-19.51 Million
2016 7.78% 13.28% 0.36x 1.64x CN¥-34.53 Million
2017 8.83% 10.35% 0.51x 1.69x CN¥-19.98 Million
2018 9.51% 9.01% 0.60x 1.76x CN¥-8.58 Million
2019 10.61% 10.27% 0.55x 1.88x CN¥11.53 Million
2020 10.99% 11.94% 0.49x 1.86x CN¥19.76 Million
2021 -29.54% -23.15% 0.54x 2.34x CN¥-555.73 Million
2022 6.17% 4.94% 0.52x 2.41x CN¥-53.96 Million
2023 7.30% 6.16% 0.51x 2.32x CN¥-39.45 Million
2024 3.51% 3.85% 0.41x 2.25x CN¥-94.98 Million

Industry Comparison

This section compares ARTS 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: $3,180,414,454
  • Average return on equity (ROE) among peers: 7.86%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
ARTS Group Co Ltd (603017) CN¥1.50 Billion 27.87% 1.26x $231.84 Million
Shenzhen Ecobeauty Co Ltd (000010) $83.78 Million 8.82% 1.77x $542.14 Million
Shenzhen Sed Industry Co Ltd (000032) $1.81 Billion 11.82% 0.43x $1.21 Billion
NORINCO International Cooperation Ltd (000065) $5.45 Billion 12.95% 1.70x $959.60 Million
Shenzhen Tagen Group Co Ltd (000090) $15.10 Billion 10.04% 3.60x $590.29 Million
Shandong Hi-Speed Road&Bridge (000498) $724.53 Million 0.08% 1.12x $593.30 Million
Jinyuan Cement Co Ltd (000546) $180.30 Million 2.77% 1.35x $309.89 Million
ChengDu Hi-Tech Development Co Ltd (000628) $549.49 Million 2.66% 1.64x $1.19 Billion
Gansu Engineering Consulting Group Co Ltd (000779) $359.90 Million 10.16% 0.28x $308.60 Million
Hainan Expressway Co Ltd (000886) $2.32 Billion 9.03% 0.67x $592.23 Million
Sinosteel Engineering and Technology Co Ltd (000928) $5.22 Billion 10.25% 2.51x $707.52 Million