Beijing Qianjing Landscape Co (603778) - Net Assets
Based on the latest financial reports, Beijing Qianjing Landscape Co (603778) has net assets worth CN¥1.06 Billion CNY (≈ $155.27 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¥3.60 Billion ≈ $526.75 Million USD) and total liabilities (CN¥2.54 Billion ≈ $371.48 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 603778 financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.06 Billion |
| % of Total Assets | 29.48% |
| Annual Growth Rate | 14.11% |
| 5-Year Change | -18.34% |
| 10-Year Change | 44.02% |
| Growth Volatility | 28.68 |
Beijing Qianjing Landscape Co - Net Assets Trend (2011–2024)
This chart illustrates how Beijing Qianjing Landscape Co's net assets have evolved over time, based on quarterly financial data. Also explore Beijing Qianjing Landscape Co balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Beijing Qianjing Landscape Co (2011–2024)
The table below shows the annual net assets of Beijing Qianjing Landscape Co from 2011 to 2024. For live valuation and market cap data, see Beijing Qianjing Landscape Co market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.25 Billion ≈ $183.64 Million |
-8.36% |
| 2023-12-31 | CN¥1.37 Billion ≈ $200.38 Million |
+10.06% |
| 2022-12-31 | CN¥1.24 Billion ≈ $182.07 Million |
-5.40% |
| 2021-12-31 | CN¥1.32 Billion ≈ $192.47 Million |
-14.41% |
| 2020-12-31 | CN¥1.54 Billion ≈ $224.88 Million |
+52.61% |
| 2019-12-31 | CN¥1.01 Billion ≈ $147.36 Million |
-3.00% |
| 2018-12-31 | CN¥1.04 Billion ≈ $151.92 Million |
+1.94% |
| 2017-12-31 | CN¥1.02 Billion ≈ $149.03 Million |
+7.91% |
| 2016-12-31 | CN¥943.74 Million ≈ $138.10 Million |
+8.31% |
| 2015-12-31 | CN¥871.37 Million ≈ $127.51 Million |
+95.96% |
| 2014-12-31 | CN¥444.67 Million ≈ $65.07 Million |
+22.37% |
| 2013-12-31 | CN¥363.38 Million ≈ $53.17 Million |
+26.27% |
| 2012-12-31 | CN¥287.79 Million ≈ $42.11 Million |
+27.53% |
| 2011-12-31 | CN¥225.67 Million ≈ $33.02 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Beijing Qianjing Landscape Co'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 703.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥656.64 Million | 76.01% |
| Other Comprehensive Income | CN¥49.32 Million | 5.71% |
| Other Components | CN¥353.54 Million | 40.93% |
| Total Equity | CN¥863.85 Million | 100.00% |
Beijing Qianjing Landscape Co Competitors by Market Cap
The table below lists competitors of Beijing Qianjing Landscape Co ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ansell Limited
F:PD1A
|
$2.68 Billion |
|
Regional S.A.B. de C.V
MX:RA
|
$2.68 Billion |
|
Scorpio Tankers Inc.
F:S0QA
|
$2.68 Billion |
|
Cargotec Oyj
HE:CGCBV
|
$2.68 Billion |
|
Seadrill Limited
NYSE:SDRL
|
$2.68 Billion |
|
Worthington Industries Inc
NYSE:WOR
|
$2.68 Billion |
|
Bitdeer Technologies Group Class A Ordinary Shares
NASDAQ:BTDR
|
$2.68 Billion |
|
Fabege AB
ST:FABG
|
$2.68 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Beijing Qianjing Landscape Co's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 946,808,270 to 863,853,894, a change of -82,954,376 (-8.8%).
- Net loss of 105,526,287 reduced equity.
- Dividend payments of 18,112,322 reduced retained earnings.
- Other comprehensive income increased equity by 1,071,911.
- Other factors increased equity by 39,612,322.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-105.53 Million | -12.22% |
| Dividends Paid | CN¥18.11 Million | -2.1% |
| Other Comprehensive Income | CN¥1.07 Million | +0.12% |
| Other Changes | CN¥39.61 Million | +4.59% |
| Total Change | CN¥- | -8.76% |
Book Value vs Market Value Analysis
This analysis compares Beijing Qianjing Landscape Co'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: 21.31x
- 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 decreased from 43.82x to 21.31x 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¥0.64 | CN¥27.91 | x |
| 2012-12-31 | CN¥0.77 | CN¥27.91 | x |
| 2013-12-31 | CN¥0.97 | CN¥27.91 | x |
| 2014-12-31 | CN¥1.18 | CN¥27.91 | x |
| 2015-12-31 | CN¥1.99 | CN¥27.91 | x |
| 2016-12-31 | CN¥2.37 | CN¥27.91 | x |
| 2017-12-31 | CN¥2.55 | CN¥27.91 | x |
| 2018-12-31 | CN¥2.79 | CN¥27.91 | x |
| 2019-12-31 | CN¥2.01 | CN¥27.91 | x |
| 2020-12-31 | CN¥2.84 | CN¥27.91 | x |
| 2021-12-31 | CN¥1.91 | CN¥27.91 | x |
| 2022-12-31 | CN¥1.61 | CN¥27.91 | x |
| 2023-12-31 | CN¥1.51 | CN¥27.91 | x |
| 2024-12-31 | CN¥1.31 | CN¥27.91 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Beijing Qianjing Landscape Co 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): -12.22%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.04%
- • Asset Turnover: 0.55x
- • Equity Multiplier: 4.40x
- Recent ROE (-12.22%) is below the historical average (3.76%), 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 | 22.61% | 11.78% | 1.52x | 1.26x | CN¥28.45 Million |
| 2012 | 21.59% | 13.36% | 0.96x | 1.67x | CN¥33.34 Million |
| 2013 | 20.80% | 12.91% | 0.81x | 1.99x | CN¥39.25 Million |
| 2014 | 18.28% | 13.48% | 0.66x | 2.05x | CN¥36.83 Million |
| 2015 | 10.71% | 15.36% | 0.42x | 1.66x | CN¥6.19 Million |
| 2016 | 8.49% | 15.10% | 0.34x | 1.63x | CN¥-14.21 Million |
| 2017 | 8.80% | 16.33% | 0.30x | 1.77x | CN¥-12.25 Million |
| 2018 | -0.62% | -1.77% | 0.19x | 1.80x | CN¥-106.58 Million |
| 2019 | 2.33% | 6.48% | 0.21x | 1.71x | CN¥-77.03 Million |
| 2020 | -5.66% | -31.20% | 0.12x | 1.52x | CN¥-223.25 Million |
| 2021 | -17.94% | -123.81% | 0.10x | 1.50x | CN¥-340.93 Million |
| 2022 | -17.31% | -89.22% | 0.08x | 2.34x | CN¥-278.47 Million |
| 2023 | -7.27% | -6.97% | 0.31x | 3.41x | CN¥-163.56 Million |
| 2024 | -12.22% | -5.04% | 0.55x | 4.40x | CN¥-191.91 Million |
Industry Comparison
This section compares Beijing Qianjing Landscape Co'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 |
|---|---|---|---|---|
| Beijing Qianjing Landscape Co (603778) | CN¥1.06 Billion | 22.61% | 2.39x | $2.68 Billion |
| 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 Beijing Qianjing Landscape Co
Guosheng Shian Technology Co., Ltd. engages in the research and development, production, and sales of photovoltaic cells and other battery components in China and internationally. It is involved in photovoltaic power station EPC business which provide owners feasibility studies, scheme design, material procurement, equipment installation, engineering construction, operation and maintenance servic… Read more