Beijing GeoEnviron Engineering (603588) - Net Assets
Based on the latest financial reports, Beijing GeoEnviron Engineering (603588) has net assets worth CN¥10.44 Billion CNY (≈ $1.53 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥27.16 Billion ≈ $3.97 Billion USD) and total liabilities (CN¥16.72 Billion ≈ $2.45 Billion 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 financial resilience of Beijing GeoEnviron Engineering to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥10.44 Billion |
| % of Total Assets | 38.43% |
| Annual Growth Rate | 23.39% |
| 5-Year Change | 85.51% |
| 10-Year Change | 433.25% |
| Growth Volatility | 23.9 |
Beijing GeoEnviron Engineering - Net Assets Trend (2011–2024)
This chart illustrates how Beijing GeoEnviron Engineering's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Beijing GeoEnviron Engineering for the complete picture of this company's asset base.
Annual Net Assets for Beijing GeoEnviron Engineering (2011–2024)
The table below shows the annual net assets of Beijing GeoEnviron Engineering from 2011 to 2024. For live valuation and market cap data, see Beijing GeoEnviron Engineering market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥9.90 Billion ≈ $1.45 Billion |
-2.25% |
| 2023-12-31 | CN¥10.12 Billion ≈ $1.48 Billion |
+4.51% |
| 2022-12-31 | CN¥9.69 Billion ≈ $1.42 Billion |
+55.92% |
| 2021-12-31 | CN¥6.21 Billion ≈ $909.14 Million |
+16.47% |
| 2020-12-31 | CN¥5.33 Billion ≈ $780.59 Million |
+45.73% |
| 2019-12-31 | CN¥3.66 Billion ≈ $535.66 Million |
+20.02% |
| 2018-12-31 | CN¥3.05 Billion ≈ $446.32 Million |
+23.17% |
| 2017-12-31 | CN¥2.48 Billion ≈ $362.37 Million |
+17.03% |
| 2016-12-31 | CN¥2.12 Billion ≈ $309.64 Million |
+14.02% |
| 2015-12-31 | CN¥1.86 Billion ≈ $271.56 Million |
+5.54% |
| 2014-12-31 | CN¥1.76 Billion ≈ $257.32 Million |
+89.44% |
| 2013-12-31 | CN¥928.25 Million ≈ $135.83 Million |
+17.53% |
| 2012-12-31 | CN¥789.77 Million ≈ $115.57 Million |
+22.76% |
| 2011-12-31 | CN¥643.32 Million ≈ $94.14 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Beijing GeoEnviron Engineering'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 1717.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥3.37 Billion | 37.20% |
| Common Stock | CN¥1.52 Billion | 16.84% |
| Other Comprehensive Income | CN¥396.02 Million | 4.38% |
| Other Components | CN¥3.76 Billion | 41.58% |
| Total Equity | CN¥9.05 Billion | 100.00% |
Beijing GeoEnviron Engineering Competitors by Market Cap
The table below lists competitors of Beijing GeoEnviron Engineering ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fattal 1998 Holdings Ltd
TA:FTAL
|
$3.25 Billion |
|
Hisense Kelon Electrical Holdings Co Ltd
SHE:000921
|
$3.25 Billion |
|
First Hawaiian Inc
NASDAQ:FHB
|
$3.25 Billion |
|
Lotte Chemical Corp
KO:011170
|
$3.25 Billion |
|
KB Home
NYSE:KBH
|
$3.25 Billion |
|
Beijing BDStar Navigation Co Ltd
SHE:002151
|
$3.25 Billion |
|
Enerjisa Enerji AS
IS:ENJSA
|
$3.25 Billion |
|
Legend Biotech Corp
NASDAQ:LEGN
|
$3.25 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Beijing GeoEnviron Engineering's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 9,299,886,923 to 9,046,113,014, a change of -253,773,909 (-2.7%).
- Net income of 481,817,197 contributed positively to equity growth.
- Dividend payments of 1,037,088,246 reduced retained earnings.
- Share repurchases of 65,426,561 reduced equity.
- Other comprehensive income increased equity by 392,500,021.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥481.82 Million | +5.33% |
| Dividends Paid | CN¥1.04 Billion | -11.46% |
| Share Repurchases | CN¥65.43 Million | -0.72% |
| Other Comprehensive Income | CN¥392.50 Million | +4.34% |
| Other Changes | CN¥-25.58 Million | -0.28% |
| Total Change | CN¥- | -2.73% |
Book Value vs Market Value Analysis
This analysis compares Beijing GeoEnviron Engineering'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: 2.43x
- 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 9.68x to 2.43x 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¥1.51 | CN¥14.58 | x |
| 2012-12-31 | CN¥1.59 | CN¥14.58 | x |
| 2013-12-31 | CN¥1.87 | CN¥14.58 | x |
| 2014-12-31 | CN¥2.28 | CN¥14.58 | x |
| 2015-12-31 | CN¥1.80 | CN¥14.58 | x |
| 2016-12-31 | CN¥1.95 | CN¥14.58 | x |
| 2017-12-31 | CN¥2.16 | CN¥14.58 | x |
| 2018-12-31 | CN¥2.55 | CN¥14.58 | x |
| 2019-12-31 | CN¥2.87 | CN¥14.58 | x |
| 2020-12-31 | CN¥4.13 | CN¥14.58 | x |
| 2021-12-31 | CN¥4.35 | CN¥14.58 | x |
| 2022-12-31 | CN¥6.54 | CN¥14.58 | x |
| 2023-12-31 | CN¥6.08 | CN¥14.58 | x |
| 2024-12-31 | CN¥6.01 | CN¥14.58 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Beijing GeoEnviron Engineering 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): 5.33%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.32%
- • Asset Turnover: 0.53x
- • Equity Multiplier: 3.01x
- Recent ROE (5.33%) is below the historical average (10.84%), 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 | 19.92% | 21.58% | 0.62x | 1.49x | CN¥62.02 Million |
| 2012 | 18.58% | 21.88% | 0.54x | 1.59x | CN¥66.04 Million |
| 2013 | 15.34% | 17.86% | 0.50x | 1.73x | CN¥48.61 Million |
| 2014 | 6.70% | 14.88% | 0.26x | 1.74x | CN¥-56.95 Million |
| 2015 | 5.86% | 10.45% | 0.31x | 1.80x | CN¥-75.14 Million |
| 2016 | 7.94% | 10.00% | 0.35x | 2.25x | CN¥-40.56 Million |
| 2017 | 8.78% | 8.33% | 0.39x | 2.73x | CN¥-26.79 Million |
| 2018 | 12.07% | 8.63% | 0.44x | 3.16x | CN¥55.74 Million |
| 2019 | 13.16% | 8.12% | 0.44x | 3.66x | CN¥99.02 Million |
| 2020 | 11.63% | 8.06% | 0.44x | 3.26x | CN¥77.04 Million |
| 2021 | 13.22% | 9.28% | 0.45x | 3.16x | CN¥176.91 Million |
| 2022 | 7.80% | 7.89% | 0.39x | 2.55x | CN¥-195.33 Million |
| 2023 | 5.43% | 4.77% | 0.40x | 2.87x | CN¥-425.35 Million |
| 2024 | 5.33% | 3.32% | 0.53x | 3.01x | CN¥-422.79 Million |
Industry Comparison
This section compares Beijing GeoEnviron Engineering's net assets metrics with peer companies in the Waste Management industry.
Industry Context
- Industry: Waste Management
- Average net assets among peers: $3,067,859,741
- Average return on equity (ROE) among peers: 8.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Beijing GeoEnviron Engineering (603588) | CN¥10.44 Billion | 19.92% | 1.60x | $3.25 Billion |
| China Tianying Inc (000035) | $2.06 Billion | 10.27% | 1.91x | $2.28 Billion |
| HeiLongJiang Kingland Technology Co Ltd (000711) | $325.53 Million | -9.31% | 0.66x | $2.06 Billion |
| BECE Legend Group Co Ltd (000803) | $152.97 Million | 2.06% | 0.80x | $599.78 Million |
| Tus-Sound Environmental Resources Co Ltd (000826) | $130.73 Million | 28.96% | 1.01x | $408.81 Million |
| Wangneng Environment Co Ltd (002034) | $424.84 Million | 9.00% | 0.73x | $1.11 Billion |
| Beijing Orient Landscape Co Ltd (002310) | $12.65 Billion | 0.13% | 2.35x | $2.69 Billion |
| GEM Co Ltd (002340) | $10.22 Billion | 7.14% | 1.44x | $6.83 Billion |
| Dongjiang Environmental Co Ltd (002672) | $2.45 Billion | 8.50% | 0.33x | $585.42 Million |
| Qiaoyin Environmental Tech Co Ltd (002973) | $462.58 Million | 21.52% | 0.41x | $752.89 Million |
| Tongxing Environmental Protection (003027) | $1.79 Billion | 6.69% | 0.51x | $453.74 Million |
About Beijing GeoEnviron Engineering
Beijing GeoEnviron Engineering & Technology, Inc. provides resource utilization/environmental governance system solutions for government and corporate in China. It offers solid and hazardous waste recycling; domestic waste treatment, including sanitation, waste sorting, waste collection and transportation, sanitary landfill, power generation by waste incineration, and treatment of leachate, fly a… Read more