Haixia Envrnmnt

SHG:603817 China Utilities - Regulated Water
Market Cap
$598.27 Million
CN¥4.39 Billion CNY
Market Cap Rank
#12683 Global
#3181 in China
Share Price
CN¥7.70
Change (1 day)
+0.65%
52-Week Range
CN¥5.10 - CN¥8.92
All Time High
CN¥27.10
Categories
Companies in China Utilities - Regulated Water
About

Fujian Haixia Environmental Protection Group Co.,Ltd. provides sewage treatment services in China. It offers urban domestic sewage treatment, industrial wastewater treatment, rural agricultural pollution treatment, and garbage leachate treatment; collection, classified, transportation, and classified treatment of the solid waste industry chain; and smart operations, environmental monitoring, and … Read more

Haixia Envrnmnt (603817) - Net Assets

Latest net assets as of September 2025: CN¥3.27 Billion CNY

Based on the latest financial reports, Haixia Envrnmnt (603817) has net assets worth CN¥3.27 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¥7.00 Billion) and total liabilities (CN¥3.73 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¥3.27 Billion
% of Total Assets 46.76%
Annual Growth Rate 15.21%
5-Year Change 41.91%
10-Year Change 251.29%
Growth Volatility 19.84

Haixia Envrnmnt - Net Assets Trend (2012–2024)

This chart illustrates how Haixia Envrnmnt's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Haixia Envrnmnt (2012–2024)

The table below shows the annual net assets of Haixia Envrnmnt from 2012 to 2024.

Year Net Assets Change
2024-12-31 CN¥2.92 Billion +3.78%
2023-12-31 CN¥2.81 Billion +0.76%
2022-12-31 CN¥2.79 Billion +28.47%
2021-12-31 CN¥2.17 Billion +5.63%
2020-12-31 CN¥2.06 Billion +10.81%
2019-12-31 CN¥1.86 Billion +11.90%
2018-12-31 CN¥1.66 Billion +14.07%
2017-12-31 CN¥1.45 Billion +56.80%
2016-12-31 CN¥927.46 Million +11.61%
2015-12-31 CN¥830.96 Million +11.45%
2014-12-31 CN¥745.59 Million +56.30%
2013-12-31 CN¥477.02 Million -10.63%
2012-12-31 CN¥533.78 Million --

Equity Component Analysis

This analysis shows how different components contribute to Haixia Envrnmnt'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 614.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥1.02 Billion 36.12%
Common Stock CN¥534.36 Million 18.94%
Other Components CN¥1.27 Billion 44.94%
Total Equity CN¥2.82 Billion 100.00%

Haixia Envrnmnt Competitors by Market Cap

The table below lists competitors of Haixia Envrnmnt ranked by their market capitalization.

Company Market Cap
Ninebot Ltd
SHG:689009
 		$308.93 Million
Zhejiang Mtcn Technology Co Ltd
SHE:003026
 		$308.98 Million
QuantaSing Group Limited American Depositary Shares
NASDAQ:QSG
 		$309.06 Million
Wuhan Nusun Landscape Co Ltd
SHE:300536
 		$309.20 Million
Thai President Foods Public Company Limited
BK:TFMAMA
 		$308.76 Million
Martinrea International Inc
PINK:MRETF
 		$308.73 Million
Dahu Aquaculture Co Ltd
SHG:600257
 		$308.71 Million
Shandong Rike Chemical
SHE:300214
 		$308.68 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Haixia Envrnmnt's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 2,682,643,281 to 2,820,962,953, a change of 138,319,672 (5.2%).
  • Net income of 191,750,265 contributed positively to equity growth.
  • Dividend payments of 126,375,045 reduced retained earnings.
  • Other factors increased equity by 72,944,452.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥191.75 Million +6.8%
Dividends Paid CN¥126.38 Million -4.48%
Other Changes CN¥72.94 Million +2.59%
Total Change CN¥- 5.16%

Book Value vs Market Value Analysis

This analysis compares Haixia Envrnmnt'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: 1.52x
  • 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 4.80x to 1.52x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2012-12-31 CN¥1.61 CN¥7.70 x
2013-12-31 CN¥1.44 CN¥7.70 x
2014-12-31 CN¥2.24 CN¥7.70 x
2015-12-31 CN¥2.43 CN¥7.70 x
2016-12-31 CN¥2.75 CN¥7.70 x
2017-12-31 CN¥3.28 CN¥7.70 x
2018-12-31 CN¥3.39 CN¥7.70 x
2019-12-31 CN¥3.76 CN¥7.70 x
2020-12-31 CN¥4.02 CN¥7.70 x
2021-12-31 CN¥4.26 CN¥7.70 x
2022-12-31 CN¥4.79 CN¥7.70 x
2023-12-31 CN¥5.02 CN¥7.70 x
2024-12-31 CN¥5.07 CN¥7.70 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Haixia Envrnmnt 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): 6.80%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 15.77%
  • • Asset Turnover: 0.18x
  • • Equity Multiplier: 2.40x
  • Recent ROE (6.80%) is below the historical average (8.91%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2012 10.92% 38.18% 0.23x 1.25x CN¥4.93 Million
2013 16.74% 44.29% 0.21x 1.81x CN¥32.14 Million
2014 12.48% 37.28% 0.21x 1.59x CN¥18.51 Million
2015 10.27% 30.43% 0.17x 2.02x CN¥2.28 Million
2016 10.40% 29.21% 0.19x 1.89x CN¥3.75 Million
2017 7.02% 28.51% 0.17x 1.42x CN¥-42.11 Million
2018 7.67% 24.17% 0.15x 2.12x CN¥-35.50 Million
2019 7.60% 20.32% 0.16x 2.32x CN¥-41.03 Million
2020 7.16% 17.75% 0.16x 2.48x CN¥-51.53 Million
2021 7.56% 16.46% 0.18x 2.55x CN¥-47.26 Million
2022 5.78% 14.16% 0.18x 2.28x CN¥-107.88 Million
2023 5.38% 13.69% 0.17x 2.31x CN¥-123.94 Million
2024 6.80% 15.77% 0.18x 2.40x CN¥-90.35 Million

Industry Comparison

This section compares Haixia Envrnmnt's net assets metrics with peer companies in the Utilities - Regulated Water industry.

Industry Context

  • Industry: Utilities - Regulated Water
  • Average net assets among peers: $3,359,023,908
  • Average return on equity (ROE) among peers: 7.45%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Haixia Envrnmnt (603817) CN¥3.27 Billion 10.92% 1.14x $308.83 Million
Chengdu Xingrong Investment Co Ltd (000598) $11.99 Billion 9.01% 1.11x $1.21 Billion
Bohai Water Industry Co Ltd (000605) $164.13 Million 2.53% 1.04x $171.74 Million
Zhongshan Public Utilities Group Co Ltd (000685) $11.04 Billion 13.53% 0.25x $1.16 Billion
Guangdong Shunkong Development Co Ltd (003039) $1.68 Billion 11.76% 1.49x $276.18 Million
Gansu Dayu Water saving Group (300021) $2.33 Billion 3.48% 3.01x $349.89 Million
Beijing Water Business Doctor (300055) $1.60 Billion 3.85% 0.13x $355.06 Million
BGT Group Co. Ltd. (300774) $1.52 Billion 2.16% 0.65x $371.81 Million
Hynar Water Group Co. Ltd. (300961) $695.55 Million 13.29% 1.35x $339.95 Million
Shenzhen Water Planning & Design Institute Co. Ltd. (301038) $942.31 Million 11.26% 0.90x $202.63 Million
Wuhan Sanzhen Industry Holding Co Ltd (600168) $1.63 Billion 3.60% 0.65x $316.91 Million