Beijing Hanjian Heshan Pipeline Co Ltd (603616) - Net Assets
Based on the latest financial reports, Beijing Hanjian Heshan Pipeline Co Ltd (603616) has net assets worth CN¥251.00 Million CNY (≈ $36.73 Million 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¥1.71 Billion ≈ $249.88 Million USD) and total liabilities (CN¥1.46 Billion ≈ $213.15 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. Read debt load of Beijing Hanjian Heshan Pipeline Co Ltd for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥251.00 Million |
| % of Total Assets | 14.7% |
| Annual Growth Rate | -0.78% |
| 5-Year Change | -70.24% |
| 10-Year Change | -72.32% |
| Growth Volatility | 33.76 |
Beijing Hanjian Heshan Pipeline Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Beijing Hanjian Heshan Pipeline Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Beijing Hanjian Heshan Pipeline Co Ltd assets under control for the complete picture of this company's asset base.
Annual Net Assets for Beijing Hanjian Heshan Pipeline Co Ltd (2011–2024)
The table below shows the annual net assets of Beijing Hanjian Heshan Pipeline Co Ltd from 2011 to 2024. For live valuation and market cap data, see Beijing Hanjian Heshan Pipeline Co Ltd (603616) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥231.78 Million ≈ $33.92 Million |
-45.87% |
| 2023-12-31 | CN¥428.17 Million ≈ $62.66 Million |
-41.41% |
| 2022-12-31 | CN¥730.82 Million ≈ $106.94 Million |
-33.61% |
| 2021-12-31 | CN¥1.10 Billion ≈ $161.08 Million |
+41.33% |
| 2020-12-31 | CN¥778.87 Million ≈ $113.97 Million |
+4.51% |
| 2019-12-31 | CN¥745.27 Million ≈ $109.06 Million |
-8.06% |
| 2018-12-31 | CN¥810.58 Million ≈ $118.61 Million |
+2.76% |
| 2017-12-31 | CN¥788.84 Million ≈ $115.43 Million |
-8.10% |
| 2016-12-31 | CN¥858.35 Million ≈ $125.60 Million |
+2.50% |
| 2015-12-31 | CN¥837.37 Million ≈ $122.53 Million |
+82.89% |
| 2014-12-31 | CN¥457.86 Million ≈ $67.00 Million |
+21.21% |
| 2013-12-31 | CN¥377.75 Million ≈ $55.28 Million |
+25.89% |
| 2012-12-31 | CN¥300.07 Million ≈ $43.91 Million |
+17.00% |
| 2011-12-31 | CN¥256.47 Million ≈ $37.53 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Beijing Hanjian Heshan Pipeline 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 decreased by 1290.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥391.32 Million | 168.78% |
| Other Comprehensive Income | CN¥57.61 Million | 24.85% |
| Other Components | CN¥483.30 Million | 208.45% |
| Total Equity | CN¥231.85 Million | 100.00% |
Beijing Hanjian Heshan Pipeline Co Ltd Competitors by Market Cap
The table below lists competitors of Beijing Hanjian Heshan Pipeline Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Huaiji Dengyun Auto-parts Holding Co Ltd
SHE:002715
|
$353.39 Million |
|
Entree Resources Ltd
TO:ETG
|
$353.42 Million |
|
Ningbo United Group Co Ltd
SHG:600051
|
$353.47 Million |
|
Innovative Solutions and Support
NASDAQ:ISSC
|
$353.61 Million |
|
Cyient DLM Limited
NSE:CYIENTDLM
|
$353.23 Million |
|
Aclaris Therapeutics Inc
NASDAQ:ACRS
|
$353.21 Million |
|
Oceana
JSE:OCE
|
$353.19 Million |
|
Ferm. Casino Mun. Canne
PA:FCMC
|
$353.17 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Beijing Hanjian Heshan Pipeline Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 428,172,043 to 231,852,835, a change of -196,319,208 (-45.9%).
- Net loss of 231,156,227 reduced equity.
- Dividend payments of 5,409,589 reduced retained earnings.
- Other comprehensive income increased equity by 15,210,640.
- Other factors increased equity by 25,035,968.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-231.16 Million | -99.7% |
| Dividends Paid | CN¥5.41 Million | -2.33% |
| Other Comprehensive Income | CN¥15.21 Million | +6.56% |
| Other Changes | CN¥25.04 Million | +10.8% |
| Total Change | CN¥- | -45.85% |
Book Value vs Market Value Analysis
This analysis compares Beijing Hanjian Heshan Pipeline 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: 10.15x
- 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 5.21x to 10.15x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥1.18 | CN¥6.17 | x |
| 2012-12-31 | CN¥1.36 | CN¥6.17 | x |
| 2013-12-31 | CN¥1.72 | CN¥6.17 | x |
| 2014-12-31 | CN¥2.08 | CN¥6.17 | x |
| 2015-12-31 | CN¥3.26 | CN¥6.17 | x |
| 2016-12-31 | CN¥2.88 | CN¥6.17 | x |
| 2017-12-31 | CN¥2.64 | CN¥6.17 | x |
| 2018-12-31 | CN¥2.69 | CN¥6.17 | x |
| 2019-12-31 | CN¥2.45 | CN¥6.17 | x |
| 2020-12-31 | CN¥2.55 | CN¥6.17 | x |
| 2021-12-31 | CN¥3.34 | CN¥6.17 | x |
| 2022-12-31 | CN¥1.92 | CN¥6.17 | x |
| 2023-12-31 | CN¥1.12 | CN¥6.17 | x |
| 2024-12-31 | CN¥0.61 | CN¥6.17 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Beijing Hanjian Heshan Pipeline 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): -99.70%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -29.38%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 7.26x
- Recent ROE (-99.70%) is below the historical average (-10.44%), 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 | 25.42% | 13.53% | 0.81x | 2.32x | CN¥39.54 Million |
| 2012 | 14.53% | 9.29% | 0.51x | 3.05x | CN¥13.60 Million |
| 2013 | 20.56% | 8.73% | 0.63x | 3.74x | CN¥39.90 Million |
| 2014 | 17.50% | 6.46% | 0.88x | 3.10x | CN¥34.32 Million |
| 2015 | 2.50% | 3.44% | 0.41x | 1.78x | CN¥-62.83 Million |
| 2016 | 1.55% | 1.88% | 0.39x | 2.13x | CN¥-71.31 Million |
| 2017 | -6.91% | -7.17% | 0.40x | 2.41x | CN¥-131.10 Million |
| 2018 | 2.82% | 2.12% | 0.46x | 2.90x | CN¥-56.57 Million |
| 2019 | -8.56% | -6.28% | 0.43x | 3.20x | CN¥-133.14 Million |
| 2020 | 3.81% | 2.91% | 0.41x | 3.21x | CN¥-46.32 Million |
| 2021 | 2.40% | 1.74% | 0.62x | 2.22x | CN¥-83.69 Million |
| 2022 | -49.54% | -64.96% | 0.27x | 2.80x | CN¥-435.12 Million |
| 2023 | -72.50% | -58.27% | 0.30x | 4.17x | CN¥-353.26 Million |
| 2024 | -99.70% | -29.38% | 0.47x | 7.26x | CN¥-254.34 Million |
Industry Comparison
This section compares Beijing Hanjian Heshan Pipeline Co Ltd's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $12,939,670,535
- Average return on equity (ROE) among peers: 0.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Beijing Hanjian Heshan Pipeline Co Ltd (603616) | CN¥251.00 Million | 25.42% | 5.80x | $353.31 Million |
| CITIC Pacific Special Steel Group Co Ltd (000708) | $1.55 Billion | 1.14% | 1.46x | $11.26 Billion |
| HBIS Co Ltd (000709) | $9.53 Billion | 14.99% | 2.00x | $3.52 Billion |
| Sgis Songshan Co Ltd (000717) | $2.94 Billion | -47.27% | 5.32x | $879.62 Million |
| Bengang Steel Plates Co Ltd (000761) | $13.26 Billion | 5.89% | 3.08x | $1.60 Billion |
| Xinxing Ductile Iron Pipes Co Ltd (000778) | $3.23 Billion | 17.30% | 1.13x | $2.67 Billion |
| Shanxi Taigang Stainless Steel Co Ltd (000825) | $23.13 Billion | 4.97% | 2.14x | $3.54 Billion |
| Jiangsu Fasten Co Ltd (000890) | $1.13 Billion | 0.57% | 1.86x | $961.31 Million |
| Angang Steel Co Ltd Class A (000898) | $52.30 Billion | -4.10% | 0.97x | $2.67 Billion |
| Hunan Valin Steel Co Ltd (000932) | $17.42 Billion | 0.69% | 2.69x | $4.69 Billion |
| Beijing Shougang Co Ltd (000959) | $4.90 Billion | 14.73% | 0.91x | $5.17 Billion |
About Beijing Hanjian Heshan Pipeline Co Ltd
Beijing Hanjian Heshan Pipeline Co.,Ltd manufactures and sells pre-stressed steel cylinder concrete pipes, reinforced concrete drainage pipes, commercial concrete products, concrete admixtures, and environmental protection engineering products and equipment in China. Beijing Hanjian Heshan Pipeline Co.,Ltd was founded in 2004 and is based in Beijing, China.