Huitong Construction Group Co.Ltd. (603176) - Net Assets
Based on the latest financial reports, Huitong Construction Group Co.Ltd. (603176) has net assets worth CN¥1.27 Billion CNY (≈ $186.15 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¥5.98 Billion ≈ $875.06 Million USD) and total liabilities (CN¥4.71 Billion ≈ $688.91 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 Huitong Construction Group Co.Ltd. liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.27 Billion |
| % of Total Assets | 21.27% |
| Annual Growth Rate | 13.85% |
| 5-Year Change | 64.96% |
| 10-Year Change | N/A |
| Growth Volatility | 8.8 |
Huitong Construction Group Co.Ltd. - Net Assets Trend (2019–2024)
This chart illustrates how Huitong Construction Group Co.Ltd.'s net assets have evolved over time, based on quarterly financial data. Also explore 603176 current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Huitong Construction Group Co.Ltd. (2019–2024)
The table below shows the annual net assets of Huitong Construction Group Co.Ltd. from 2019 to 2024. For live valuation and market cap data, see Huitong Construction Group Co.Ltd. stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.25 Billion ≈ $182.51 Million |
+6.76% |
| 2023-12-31 | CN¥1.17 Billion ≈ $170.95 Million |
+4.18% |
| 2022-12-31 | CN¥1.12 Billion ≈ $164.09 Million |
+14.70% |
| 2021-12-31 | CN¥977.69 Million ≈ $143.07 Million |
+29.31% |
| 2020-12-31 | CN¥756.07 Million ≈ $110.64 Million |
+15.96% |
| 2019-12-31 | CN¥652.01 Million ≈ $95.41 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Huitong Construction 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 263.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥342.09 Million | 29.28% |
| Other Components | CN¥826.14 Million | 70.72% |
| Total Equity | CN¥1.17 Billion | 100.00% |
Huitong Construction Group Co.Ltd. Competitors by Market Cap
The table below lists competitors of Huitong Construction Group Co.Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jilin Jlu Communication Design Institute Co Ltd
SHE:300597
|
$394.47 Million |
|
VT GMP Co.Ltd
KQ:018290
|
$394.71 Million |
|
Hanyang ENG Co. Ltd
KQ:045100
|
$394.86 Million |
|
Norske Skog Asa
OL:NSKOG
|
$395.04 Million |
|
Tus-Sound Environmental Resources Co Ltd
SHE:000826
|
$394.20 Million |
|
Foresee Pharmaceuticals Co Ltd
TWO:6576
|
$394.13 Million |
|
Magnera Corp placeholder
NYSE:MAGN
|
$394.09 Million |
|
K & S Corporation Ltd
AU:KSC
|
$393.98 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Huitong Construction Group Co.Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,102,952,773 to 1,168,236,179, a change of 65,283,406 (5.9%).
- Net income of 69,445,780 contributed positively to equity growth.
- Dividend payments of 89,374,142 reduced retained earnings.
- Other factors increased equity by 85,211,768.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥69.45 Million | +5.94% |
| Dividends Paid | CN¥89.37 Million | -7.65% |
| Other Changes | CN¥85.21 Million | +7.29% |
| Total Change | CN¥- | 5.92% |
Book Value vs Market Value Analysis
This analysis compares Huitong Construction 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: 2.26x
- 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 3.12x to 2.26x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | CN¥1.82 | CN¥5.67 | x |
| 2020-12-31 | CN¥2.09 | CN¥5.67 | x |
| 2021-12-31 | CN¥2.05 | CN¥5.67 | x |
| 2022-12-31 | CN¥2.30 | CN¥5.67 | x |
| 2023-12-31 | CN¥2.36 | CN¥5.67 | x |
| 2024-12-31 | CN¥2.50 | CN¥5.67 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Huitong Construction 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): 5.94%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.01%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 5.01x
- Recent ROE (5.94%) is below the historical average (9.07%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 14.26% | 3.77% | 0.77x | 4.93x | CN¥27.12 Million |
| 2020 | 13.14% | 4.02% | 0.72x | 4.57x | CN¥23.05 Million |
| 2021 | 8.77% | 3.54% | 0.65x | 3.81x | CN¥-11.74 Million |
| 2022 | 6.89% | 2.78% | 0.50x | 4.98x | CN¥-33.41 Million |
| 2023 | 5.42% | 2.15% | 0.51x | 4.94x | CN¥-50.49 Million |
| 2024 | 5.94% | 2.01% | 0.59x | 5.01x | CN¥-47.38 Million |
Industry Comparison
This section compares Huitong Construction 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: $2,588,097,512
- Average return on equity (ROE) among peers: 3.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Huitong Construction Group Co.Ltd. (603176) | CN¥1.27 Billion | 14.26% | 3.70x | $394.30 Million |
| Shenzhen Ecobeauty Co Ltd (000010) | $896.43 Million | -59.77% | 3.04x | $462.63 Million |
| Shenzhen Sed Industry Co Ltd (000032) | $556.87 Million | 7.75% | 0.93x | $3.17 Billion |
| NORINCO International Cooperation Ltd (000065) | $10.22 Billion | 10.27% | 1.39x | $2.25 Billion |
| Shenzhen Tagen Group Co Ltd (000090) | $931.40 Million | 11.18% | 1.70x | $967.93 Million |
| Shandong Hi-Speed Road&Bridge (000498) | $162.51 Million | 34.37% | 2.09x | $1.26 Billion |
| Jinyuan Cement Co Ltd (000546) | $4.61 Billion | 0.86% | 0.22x | $889.87 Million |
| Hunan Investment Group Co Ltd (000548) | $1.17 Billion | 6.98% | 0.37x | $387.17 Million |
| ChengDu Hi-Tech Development Co Ltd (000628) | $2.16 Billion | 2.85% | 5.83x | $3.41 Billion |
| Gansu Engineering Consulting Group Co Ltd (000779) | $2.16 Billion | 14.25% | 0.81x | $609.45 Million |
| Hainan Expressway Co Ltd (000886) | $3.03 Billion | 8.26% | 0.11x | $790.04 Million |
About Huitong Construction Group Co.Ltd.
Huitong Construction Group Co.,Ltd. engages in the urban and rural construction business. It is involved in domestic and international highway engineering construction, municipal engineering, highway maintenance, building construction, testing and inspection, environmental governance, ecological restoration, rural revitalization, and labor export. Huitong Construction Group Co.,Ltd.was founded in… Read more