Beijing Changjiu Logistics Ltd
Beijing Changjiu Logistics Co.,Ltd, together with its subsidiaries, provides logistics services for the automobile industry chain in China and internationally. The company offers vehicle logistics services, including road transportation, multimodal transportation, social vehicle, and warehousing solutions; and international services, such as railway, road, ocean shipping, and air, as well as valu… Read more
Beijing Changjiu Logistics Ltd (603569) - Net Assets
Latest net assets as of September 2025: CN¥3.32 Billion CNY
Based on the latest financial reports, Beijing Changjiu Logistics Ltd (603569) has net assets worth CN¥3.32 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¥6.12 Billion) and total liabilities (CN¥2.80 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¥3.32 Billion |
| % of Total Assets | 54.2% |
| Annual Growth Rate | 23.04% |
| 5-Year Change | 27.69% |
| 10-Year Change | 253.49% |
| Growth Volatility | 34.7 |
Beijing Changjiu Logistics Ltd - Net Assets Trend (2006–2024)
This chart illustrates how Beijing Changjiu Logistics 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 Beijing Changjiu Logistics Ltd (2006–2024)
The table below shows the annual net assets of Beijing Changjiu Logistics Ltd from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.25 Billion | +0.95% |
| 2023-12-31 | CN¥3.22 Billion | +24.52% |
| 2022-12-31 | CN¥2.58 Billion | +1.42% |
| 2021-12-31 | CN¥2.55 Billion | +0.17% |
| 2020-12-31 | CN¥2.54 Billion | -9.90% |
| 2019-12-31 | CN¥2.82 Billion | +1.22% |
| 2018-12-31 | CN¥2.79 Billion | +22.26% |
| 2017-12-31 | CN¥2.28 Billion | +19.28% |
| 2016-12-31 | CN¥1.91 Billion | +108.13% |
| 2015-12-31 | CN¥918.55 Million | +16.89% |
| 2014-12-31 | CN¥785.80 Million | +15.91% |
| 2013-12-31 | CN¥677.96 Million | +5.56% |
| 2012-12-31 | CN¥642.25 Million | +20.42% |
| 2011-12-31 | CN¥533.35 Million | +86.69% |
| 2009-12-31 | CN¥285.69 Million | +15.64% |
| 2008-12-31 | CN¥247.05 Million | +72.47% |
| 2007-12-31 | CN¥143.24 Million | +84.27% |
| 2006-12-31 | CN¥77.73 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Beijing Changjiu Logistics 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 3574.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.10 Billion | 37.26% |
| Common Stock | CN¥603.51 Million | 20.42% |
| Other Comprehensive Income | CN¥276.92 Million | 9.37% |
| Other Components | CN¥974.03 Million | 32.96% |
| Total Equity | CN¥2.96 Billion | 100.00% |
Beijing Changjiu Logistics Ltd Competitors by Market Cap
The table below lists competitors of Beijing Changjiu Logistics Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
2Seventy Bio Inc
NASDAQ:TSVT
|
$213.50 Million |
|
CK Life Sciences Int'l. (Holdings) Inc
F:LSI
|
$213.50 Million |
|
Shenzhen Wongtee International Enterprise Co Ltd
SHE:000056
|
$213.53 Million |
|
Lintes Technology Co Ltd
TW:6715
|
$213.62 Million |
|
Movida Participações S.A
SA:MOVI3
|
$213.48 Million |
|
Nanjing Panda Electronics Company Limited
F:NNJ
|
$213.43 Million |
|
Penns Woods Bancorp Inc
NASDAQ:PWOD
|
$213.37 Million |
|
C&F Financial Corporation
NASDAQ:CFFI
|
$213.32 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Beijing Changjiu Logistics Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,943,124,647 to 2,955,555,660, a change of 12,431,013 (0.4%).
- Net income of 79,565,480 contributed positively to equity growth.
- Dividend payments of 99,475,229 reduced retained earnings.
- Other comprehensive income increased equity by 276,924,479.
- Other factors decreased equity by 244,583,717.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥79.57 Million | +2.69% |
| Dividends Paid | CN¥99.48 Million | -3.37% |
| Other Comprehensive Income | CN¥276.92 Million | +9.37% |
| Other Changes | CN¥-244.58 Million | -8.28% |
| Total Change | CN¥- | 0.42% |
Book Value vs Market Value Analysis
This analysis compares Beijing Changjiu Logistics 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: 1.08x
- 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 51.97x to 1.08x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | CN¥0.14 | CN¥7.21 | x |
| 2007-12-31 | CN¥0.26 | CN¥7.21 | x |
| 2008-12-31 | CN¥0.44 | CN¥7.21 | x |
| 2009-12-31 | CN¥0.49 | CN¥7.21 | x |
| 2011-12-31 | CN¥0.93 | CN¥7.21 | x |
| 2012-12-31 | CN¥1.12 | CN¥7.21 | x |
| 2013-12-31 | CN¥1.31 | CN¥7.21 | x |
| 2014-12-31 | CN¥1.53 | CN¥7.21 | x |
| 2015-12-31 | CN¥1.78 | CN¥7.21 | x |
| 2016-12-31 | CN¥3.52 | CN¥7.21 | x |
| 2017-12-31 | CN¥3.82 | CN¥7.21 | x |
| 2018-12-31 | CN¥4.64 | CN¥7.21 | x |
| 2019-12-31 | CN¥4.73 | CN¥7.21 | x |
| 2020-12-31 | CN¥3.94 | CN¥7.21 | x |
| 2021-12-31 | CN¥4.22 | CN¥7.21 | x |
| 2022-12-31 | CN¥4.26 | CN¥7.21 | x |
| 2023-12-31 | CN¥5.02 | CN¥7.21 | x |
| 2024-12-31 | CN¥6.69 | CN¥7.21 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Beijing Changjiu Logistics 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): 2.69%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.91%
- • Asset Turnover: 0.69x
- • Equity Multiplier: 2.05x
- Recent ROE (2.69%) is below the historical average (21.78%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 73.25% | 9.22% | 1.80x | 4.41x | CN¥49.17 Million |
| 2007 | 45.73% | 8.79% | 1.81x | 2.87x | CN¥51.18 Million |
| 2008 | 30.85% | 8.71% | 1.91x | 1.86x | CN¥51.52 Million |
| 2009 | 28.74% | 6.22% | 1.77x | 2.61x | CN¥51.78 Million |
| 2011 | 23.19% | 5.52% | 1.68x | 2.50x | CN¥68.67 Million |
| 2012 | 22.82% | 6.64% | 1.69x | 2.03x | CN¥80.46 Million |
| 2013 | 26.24% | 6.62% | 1.83x | 2.17x | CN¥107.95 Million |
| 2014 | 34.65% | 8.71% | 1.76x | 2.26x | CN¥188.49 Million |
| 2015 | 34.20% | 9.02% | 1.57x | 2.42x | CN¥216.57 Million |
| 2016 | 19.66% | 8.44% | 1.16x | 2.01x | CN¥178.07 Million |
| 2017 | 18.35% | 7.94% | 1.13x | 2.05x | CN¥179.16 Million |
| 2018 | 15.31% | 7.35% | 0.86x | 2.41x | CN¥139.77 Million |
| 2019 | 3.82% | 2.12% | 0.78x | 2.33x | CN¥-163.90 Million |
| 2020 | 5.07% | 2.94% | 0.77x | 2.24x | CN¥-116.42 Million |
| 2021 | 3.64% | 1.92% | 0.80x | 2.36x | CN¥-150.49 Million |
| 2022 | 1.41% | 0.85% | 0.73x | 2.27x | CN¥-205.07 Million |
| 2023 | 2.39% | 1.86% | 0.67x | 1.92x | CN¥-223.97 Million |
| 2024 | 2.69% | 1.91% | 0.69x | 2.05x | CN¥-215.99 Million |
Industry Comparison
This section compares Beijing Changjiu Logistics Ltd's net assets metrics with peer companies in the Trucking industry.
Industry Context
- Industry: Trucking
- Average net assets among peers: $1,923,671,741
- Average return on equity (ROE) among peers: 10.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Beijing Changjiu Logistics Ltd (603569) | CN¥3.32 Billion | 73.25% | 0.84x | $213.49 Million |
| Dazhong Transportation Group Co Ltd A (600611) | $2.23 Billion | 8.42% | 1.04x | $1.22 Billion |
| Shanghai Jin Jiang International Industrial Investment Co Ltd A (600650) | $3.79 Billion | 5.85% | 0.31x | $655.58 Million |
| Shanghai Qiangsheng Holding Co Ltd (600662) | $1.66 Billion | 13.65% | 0.75x | $483.34 Million |
| Deppon Logistics Co Ltd (603056) | $3.07 Billion | 17.80% | 1.12x | $418.96 Million |
| Hengtong Logistic Co Ltd (603223) | $206.78 Million | 24.47% | 1.33x | $341.37 Million |
| GuangDong GenSho Logistics Co (603813) | $586.17 Million | -9.10% | 1.25x | $152.27 Million |