Hainan Haiqi Transportation Group Co Ltd (603069) - Net Assets

Latest as of June 2025: CN¥833.07 Million CNY ≈ $121.90 Million USD

Based on the latest financial reports, Hainan Haiqi Transportation Group Co Ltd (603069) has net assets worth CN¥833.07 Million CNY (≈ $121.90 Million USD) 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 ≈ $385.15 Million USD) and total liabilities (CN¥1.80 Billion ≈ $263.25 Million 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 603069 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore Hainan Haiqi Transportation Group Co Ltd balance sheet assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see market cap of Hainan Haiqi Transportation Group Co Ltd.

Year	Net Assets	Change
2024-12-31	CN¥815.59 Million ≈ $119.35 Million	-11.14%
2023-12-31	CN¥917.85 Million ≈ $134.31 Million	-7.87%
2022-12-31	CN¥996.30 Million ≈ $145.79 Million	+4.20%
2021-12-31	CN¥956.16 Million ≈ $139.92 Million	-7.45%
2020-12-31	CN¥1.03 Billion ≈ $151.17 Million	-11.96%
2019-12-31	CN¥1.17 Billion ≈ $171.71 Million	+4.52%
2018-12-31	CN¥1.12 Billion ≈ $164.29 Million	+3.95%
2017-12-31	CN¥1.08 Billion ≈ $158.04 Million	+2.84%
2016-12-31	CN¥1.05 Billion ≈ $153.67 Million	+48.69%
2015-12-31	CN¥706.28 Million ≈ $103.35 Million	+11.79%
2014-12-31	CN¥631.80 Million ≈ $92.45 Million	+13.24%
2013-12-31	CN¥557.94 Million ≈ $81.64 Million	+15.11%
2012-12-31	CN¥484.72 Million ≈ $70.93 Million	+16.38%
2011-12-31	CN¥416.51 Million ≈ $60.95 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
Sify Technologies Limited NASDAQ:SIFY	$789.34 Million
Talon Metals Corp TO:TLO	$789.40 Million
Century Iron And Steel Industrial Co Ltd TW:9958	$789.53 Million
Ningbo Solartron Technology Co Ltd SHG:688299	$789.79 Million
Central Reinsurance Corp TW:2851	$789.28 Million
Dongguan Golden Sun Abrasives Co Ltd SHE:300606	$789.14 Million
Fujian Forecam Optics Co Ltd SHG:688010	$788.97 Million
Exmar NV BR:EXM	$788.80 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: 6.65x
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 5.04x to 6.65x 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¥17.07	x
2018-12-31	CN¥3.52	CN¥17.07	x
2019-12-31	CN¥3.62	CN¥17.07	x
2020-12-31	CN¥3.24	CN¥17.07	x
2021-12-31	CN¥2.98	CN¥17.07	x
2022-12-31	CN¥3.10	CN¥17.07	x
2023-12-31	CN¥2.88	CN¥17.07	x
2024-12-31	CN¥2.57	CN¥17.07	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: $1,003,942,129
Average return on equity (ROE) among peers: 8.18%

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	$789.33 Million
China High-Speed Railway Technology (000008)	$161.88 Million	4.69%	0.58x	$1.07 Billion
Nanjing Zhongbei Group Co Ltd (000421)	$264.23 Million	15.10%	0.57x	$532.91 Million
Ningxia Western Venture Industrial Co Ltd (000557)	$-828.52 Million	0.00%	0.00x	$1.00 Billion
Vontron Technology Co Ltd (000920)	$583.83 Million	12.70%	0.57x	$813.31 Million
China Railway Materials Co Ltd (000927)	$3.32 Billion	3.02%	1.22x	$2.49 Billion
HeNan Splendor Science & Technology Co Ltd (002296)	$1.82 Billion	5.72%	0.35x	$669.27 Million
Sichuan Fulin Transportation Group Co Ltd (002357)	$1.39 Billion	4.99%	0.88x	$540.85 Million
Tianjin Keyvia Electric Co Ltd (300407)	$1.81 Billion	5.18%	0.77x	$628.95 Million
Chengdu Yunda Technology Co Ltd (300440)	$1.38 Billion	2.95%	0.85x	$1.20 Billion
Zhejiang Tiantie Industry Co Ltd (300587)	$140.60 Million	27.43%	1.57x	$1.22 Billion

About Hainan Haiqi Transportation Group Co Ltd

SHG:603069 China Railroads

Market Cap

$789.33 Million

CN¥5.39 Billion CNY

Market Cap Rank

#10278 Global

#2960 in China

Share Price

CN¥17.07

Change (1 day)

+0.29%

52-Week Range

CN¥16.54 - CN¥30.38

All Time High

CN¥63.76