Zhengping Road&Bridge Constr
Zhengping Road & Bridge Construction Co.,Ltd. engages in the design, construction, operation, and consultation of infrastructure development in China. It undertakes projects in transportation, road construction, water conservancy, electric power, manufacturing facilities. The company is also engaged in the cultural tourism industry business and retailing of agricultural and sideline products. In … Read more
Zhengping Road&Bridge Constr (603843) - Net Assets
Latest net assets as of September 2025: CN¥556.81 Million CNY
Based on the latest financial reports, Zhengping Road&Bridge Constr (603843) has net assets worth CN¥556.81 Million 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¥7.41 Billion) and total liabilities (CN¥6.86 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¥556.81 Million |
| % of Total Assets | 7.51% |
| Annual Growth Rate | 4.04% |
| 5-Year Change | -62.64% |
| 10-Year Change | -5.03% |
| Growth Volatility | 28.55 |
Zhengping Road&Bridge Constr - Net Assets Trend (2011–2024)
This chart illustrates how Zhengping Road&Bridge Constr's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Zhengping Road&Bridge Constr (2011–2024)
The table below shows the annual net assets of Zhengping Road&Bridge Constr from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥662.75 Million | -48.78% |
| 2023-12-31 | CN¥1.29 Billion | -31.95% |
| 2022-12-31 | CN¥1.90 Billion | -14.21% |
| 2021-12-31 | CN¥2.22 Billion | +24.93% |
| 2020-12-31 | CN¥1.77 Billion | +11.47% |
| 2019-12-31 | CN¥1.59 Billion | +4.27% |
| 2018-12-31 | CN¥1.53 Billion | +18.94% |
| 2017-12-31 | CN¥1.28 Billion | +5.13% |
| 2016-12-31 | CN¥1.22 Billion | +74.93% |
| 2015-12-31 | CN¥697.82 Million | +11.56% |
| 2014-12-31 | CN¥625.49 Million | +21.23% |
| 2013-12-31 | CN¥515.96 Million | +21.37% |
| 2012-12-31 | CN¥425.12 Million | +7.30% |
| 2011-12-31 | CN¥396.18 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zhengping Road&Bridge Constr'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 1456.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥699.62 Million | 186.72% |
| Other Comprehensive Income | CN¥-186.04 Million | -49.65% |
| Other Components | CN¥529.97 Million | 141.44% |
| Total Equity | CN¥374.69 Million | 100.00% |
Zhengping Road&Bridge Constr Competitors by Market Cap
The table below lists competitors of Zhengping Road&Bridge Constr ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Corporacion America Airports
NYSE:CAAP
|
$462.85 Million |
|
DAILY JOURNAL CORP.DL-01
F:DJ1
|
$463.11 Million |
|
OBiO Technology (Shanghai) Corp. Ltd. A
SHG:688238
|
$463.33 Million |
|
FONDUL PRO.GDR REGS LN-85
F:FP4G
|
$463.37 Million |
|
Chengdu Galaxy Magnets
SHE:300127
|
$462.65 Million |
|
China Yuchai International Limited
NYSE:CYD
|
$462.61 Million |
|
Cantor Equity Partners IV, Inc. Class A Ordinary Shares
NASDAQ:CEPF
|
$462.60 Million |
|
ACNB Corporation
NASDAQ:ACNB
|
$462.57 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhengping Road&Bridge Constr's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 973,137,119 to 374,692,714, a change of -598,444,405 (-61.5%).
- Net loss of 483,930,115 reduced equity.
- Dividend payments of 110,892,245 reduced retained earnings.
- Other comprehensive income decreased equity by 114,514,290.
- Other factors increased equity by 110,892,245.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-483.93 Million | -129.15% |
| Dividends Paid | CN¥110.89 Million | -29.6% |
| Other Comprehensive Income | CN¥-114.51 Million | -30.56% |
| Other Changes | CN¥110.89 Million | +29.6% |
| Total Change | CN¥- | -61.50% |
Book Value vs Market Value Analysis
This analysis compares Zhengping Road&Bridge Constr'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: 12.54x
- 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 4.54x to 12.54x 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¥1.48 | CN¥6.70 | x |
| 2012-12-31 | CN¥1.66 | CN¥6.70 | x |
| 2013-12-31 | CN¥1.21 | CN¥6.70 | x |
| 2014-12-31 | CN¥1.49 | CN¥6.70 | x |
| 2015-12-31 | CN¥1.64 | CN¥6.70 | x |
| 2016-12-31 | CN¥2.59 | CN¥6.70 | x |
| 2017-12-31 | CN¥2.25 | CN¥6.70 | x |
| 2018-12-31 | CN¥2.30 | CN¥6.70 | x |
| 2019-12-31 | CN¥2.49 | CN¥6.70 | x |
| 2020-12-31 | CN¥2.67 | CN¥6.70 | x |
| 2021-12-31 | CN¥2.70 | CN¥6.70 | x |
| 2022-12-31 | CN¥2.25 | CN¥6.70 | x |
| 2023-12-31 | CN¥1.39 | CN¥6.70 | x |
| 2024-12-31 | CN¥0.53 | CN¥6.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhengping Road&Bridge Constr 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): -129.15%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -35.53%
- • Asset Turnover: 0.19x
- • Equity Multiplier: 19.47x
- Recent ROE (-129.15%) is below the historical average (-6.19%), 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 | 15.00% | 4.04% | 1.08x | 3.44x | CN¥18.02 Million |
| 2012 | 12.89% | 4.57% | 0.80x | 3.52x | CN¥12.30 Million |
| 2013 | 15.90% | 4.36% | 0.88x | 4.14x | CN¥30.45 Million |
| 2014 | 18.72% | 4.55% | 1.01x | 4.07x | CN¥54.52 Million |
| 2015 | 12.67% | 3.67% | 0.93x | 3.73x | CN¥18.61 Million |
| 2016 | 7.43% | 4.29% | 0.59x | 2.96x | CN¥-31.32 Million |
| 2017 | 3.76% | 3.18% | 0.39x | 3.06x | CN¥-78.34 Million |
| 2018 | 5.22% | 2.48% | 0.51x | 4.15x | CN¥-64.00 Million |
| 2019 | 6.89% | 2.58% | 0.57x | 4.73x | CN¥-43.30 Million |
| 2020 | 7.21% | 2.20% | 0.68x | 4.80x | CN¥-41.64 Million |
| 2021 | 4.95% | 1.82% | 0.52x | 5.19x | CN¥-95.39 Million |
| 2022 | -13.58% | -9.60% | 0.25x | 5.65x | CN¥-370.46 Million |
| 2023 | -54.63% | -27.90% | 0.23x | 8.46x | CN¥-628.91 Million |
| 2024 | -129.15% | -35.53% | 0.19x | 19.47x | CN¥-521.40 Million |
Industry Comparison
This section compares Zhengping Road&Bridge Constr's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $2,293,171,469
- Average return on equity (ROE) among peers: -19.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhengping Road&Bridge Constr (603843) | CN¥556.81 Million | 15.00% | 12.31x | $462.69 Million |
| Shenzhen Ecobeauty Co Ltd (000010) | $2.21 Billion | 1.80% | 1.20x | $542.14 Million |
| Shenzhen Sed Industry Co Ltd (000032) | $273.69 Million | 5.51% | 1.09x | $1.18 Billion |
| NORINCO International Cooperation Ltd (000065) | $10.22 Billion | 10.27% | 1.39x | $959.60 Million |
| Shenzhen Tagen Group Co Ltd (000090) | $1.08 Billion | 6.39% | 1.55x | $602.43 Million |
| Shandong Hi-Speed Road&Bridge (000498) | $433.84 Million | -22.79% | 2.88x | $597.20 Million |
| Jinyuan Cement Co Ltd (000546) | $4.61 Billion | 0.86% | 0.22x | $312.99 Million |
| Hunan Investment Group Co Ltd (000548) | $1.41 Billion | 7.29% | 0.50x | $259.03 Million |
| ChengDu Hi-Tech Development Co Ltd (000628) | $134.20 Million | -202.04% | 12.95x | $1.18 Billion |
| Gansu Engineering Consulting Group Co Ltd (000779) | $307.94 Million | -4.18% | 0.33x | $300.46 Million |
| Hainan Expressway Co Ltd (000886) | $2.26 Billion | 1.18% | 0.16x | $593.20 Million |