Hainan Haiqi Transportation Group Co Ltd
Hainan Haiqi Transportation Group Co.,Ltd. provides passenger bus transportation services in China. The company offers road passenger transport service system, including shuttle bus passenger transport, urban and rural bus integration, school bus service, car rental, taxi passenger transport, tourist passenger transport, etc. It is also involved in the commercial development and operation of bus … Read more
Hainan Haiqi Transportation Group Co Ltd (603069) - Net Assets
Latest net assets as of June 2025: CN¥833.07 Million CNY
Based on the latest financial reports, Hainan Haiqi Transportation Group Co Ltd (603069) has net assets worth CN¥833.07 Million CNY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.63 Billion) and total liabilities (CN¥1.80 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¥833.07 Million |
| % of Total Assets | 31.65% |
| Annual Growth Rate | 5.3% |
| 5-Year Change | -21.05% |
| 10-Year Change | 15.48% |
| Growth Volatility | 15.46 |
Hainan Haiqi Transportation Group Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Hainan Haiqi Transportation 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 Hainan Haiqi Transportation Group Co Ltd (2011–2024)
The table below shows the annual net assets of Hainan Haiqi Transportation Group Co Ltd from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥815.59 Million | -11.14% |
| 2023-12-31 | CN¥917.85 Million | -7.87% |
| 2022-12-31 | CN¥996.30 Million | +4.20% |
| 2021-12-31 | CN¥956.16 Million | -7.45% |
| 2020-12-31 | CN¥1.03 Billion | -11.96% |
| 2019-12-31 | CN¥1.17 Billion | +4.52% |
| 2018-12-31 | CN¥1.12 Billion | +3.95% |
| 2017-12-31 | CN¥1.08 Billion | +2.84% |
| 2016-12-31 | CN¥1.05 Billion | +48.69% |
| 2015-12-31 | CN¥706.28 Million | +11.79% |
| 2014-12-31 | CN¥631.80 Million | +13.24% |
| 2013-12-31 | CN¥557.94 Million | +15.11% |
| 2012-12-31 | CN¥484.72 Million | +16.38% |
| 2011-12-31 | CN¥416.51 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hainan Haiqi Transportation 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 1244.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥76.77 Million | 9.47% |
| Other Components | CN¥734.14 Million | 90.53% |
| Total Equity | CN¥810.91 Million | 100.00% |
Hainan Haiqi Transportation Group Co Ltd Competitors by Market Cap
The table below lists competitors of Hainan Haiqi Transportation Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dymatic Chemicals Inc
SHE:002054
|
$343.32 Million |
|
Funeng Oriental Equipment Technology Co Ltd
SHE:300173
|
$343.39 Million |
|
Sk Securities
KO:001510
|
$343.46 Million |
|
Ambac Financial Group Inc
NYSE:AMBC
|
$343.48 Million |
|
Jadard Technology Inc. A
SHG:688252
|
$342.97 Million |
|
Beijing Jingpin Tezhuang Technology Co. Ltd. A
SHG:688084
|
$342.87 Million |
|
Investors Title Company
NASDAQ:ITIC
|
$342.86 Million |
|
Sinopec Oilfield Service Corporation
PINK:YZCFF
|
$342.85 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hainan Haiqi Transportation Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 908,866,304 to 810,906,606, a change of -97,959,698 (-10.8%).
- Net loss of 97,696,233 reduced equity.
- Dividend payments of 24,289,978 reduced retained earnings.
- Other factors increased equity by 24,026,513.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-97.70 Million | -12.05% |
| Dividends Paid | CN¥24.29 Million | -3.0% |
| Other Changes | CN¥24.03 Million | +2.96% |
| Total Change | CN¥- | -10.78% |
Book Value vs Market Value Analysis
This analysis compares Hainan Haiqi Transportation 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: 7.48x
- 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 increased from 5.67x to 7.48x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥3.39 | CN¥19.20 | x |
| 2018-12-31 | CN¥3.52 | CN¥19.20 | x |
| 2019-12-31 | CN¥3.62 | CN¥19.20 | x |
| 2020-12-31 | CN¥3.24 | CN¥19.20 | x |
| 2021-12-31 | CN¥2.98 | CN¥19.20 | x |
| 2022-12-31 | CN¥3.10 | CN¥19.20 | x |
| 2023-12-31 | CN¥2.88 | CN¥19.20 | x |
| 2024-12-31 | CN¥2.57 | CN¥19.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hainan Haiqi Transportation 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): -12.05%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -11.67%
- • Asset Turnover: 0.31x
- • Equity Multiplier: 3.33x
- Recent ROE (-12.05%) is below the historical average (-0.28%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 9.86% | 5.56% | 0.85x | 2.08x | CN¥-988.32K |
| 2016 | 6.03% | 5.76% | 0.62x | 1.69x | CN¥-41.39 Million |
| 2017 | 4.74% | 4.59% | 0.60x | 1.73x | CN¥-56.36 Million |
| 2018 | 5.29% | 5.27% | 0.57x | 1.76x | CN¥-52.38 Million |
| 2019 | 4.43% | 4.87% | 0.50x | 1.80x | CN¥-63.67 Million |
| 2020 | -9.87% | -16.06% | 0.32x | 1.89x | CN¥-203.13 Million |
| 2021 | -7.63% | -9.81% | 0.39x | 1.99x | CN¥-165.83 Million |
| 2022 | 4.01% | 5.30% | 0.36x | 2.12x | CN¥-58.72 Million |
| 2023 | -7.59% | -8.19% | 0.33x | 2.85x | CN¥-159.86 Million |
| 2024 | -12.05% | -11.67% | 0.31x | 3.33x | CN¥-178.79 Million |
Industry Comparison
This section compares Hainan Haiqi Transportation Group Co Ltd's net assets metrics with peer companies in the Railroads industry.
Industry Context
- Industry: Railroads
- Average net assets among peers: $2,677,457,496
- Average return on equity (ROE) among peers: 7.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hainan Haiqi Transportation Group Co Ltd (603069) | CN¥833.07 Million | 9.86% | 2.16x | $343.04 Million |
| China High-Speed Railway Technology (000008) | $540.83 Million | 7.24% | 0.13x | $619.07 Million |
| Nanjing Zhongbei Group Co Ltd (000421) | $545.89 Million | 18.19% | 3.34x | $269.49 Million |
| Ningxia Western Venture Industrial Co Ltd (000557) | $-280.00 Million | 0.00% | 0.00x | $573.05 Million |
| Vontron Technology Co Ltd (000920) | $120.66 Million | 30.91% | 1.29x | $402.70 Million |
| China Railway Materials Co Ltd (000927) | $3.21 Billion | -14.95% | 1.55x | $782.90 Million |
| China Railway Special Cargo Logistics Co. Ltd. (001213) | $17.98 Billion | 2.17% | 0.09x | $419.62 Million |
| Changzhou Evergreen Technology Co. Ltd. A (001324) | $1.09 Billion | 6.59% | 0.24x | $169.48 Million |
| HeNan Splendor Science & Technology Co Ltd (002296) | $723.83 Million | 13.20% | 0.36x | $539.03 Million |
| Sichuan Fulin Transportation Group Co Ltd (002357) | $1.39 Billion | 4.26% | 0.96x | $441.62 Million |
| Tianjin Keyvia Electric Co Ltd (300407) | $1.45 Billion | 5.88% | 0.85x | $387.27 Million |