Holsin Engineering Consulting (603909) - Net Assets
Based on the latest financial reports, Holsin Engineering Consulting (603909) has net assets worth CN¥1.28 Billion CNY (≈ $187.39 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¥5.56 Billion ≈ $813.20 Million USD) and total liabilities (CN¥4.28 Billion ≈ $625.81 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 financial resilience of Holsin Engineering Consulting to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.28 Billion |
| % of Total Assets | 23.04% |
| Annual Growth Rate | 19.18% |
| 5-Year Change | 35.98% |
| 10-Year Change | 304.74% |
| Growth Volatility | 22.0 |
Holsin Engineering Consulting - Net Assets Trend (2011–2024)
This chart illustrates how Holsin Engineering Consulting's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Holsin Engineering Consulting for the complete picture of this company's asset base.
Annual Net Assets for Holsin Engineering Consulting (2011–2024)
The table below shows the annual net assets of Holsin Engineering Consulting from 2011 to 2024. For live valuation and market cap data, see 603909 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.21 Billion ≈ $177.75 Million |
+8.40% |
| 2023-12-31 | CN¥1.12 Billion ≈ $163.98 Million |
+7.10% |
| 2022-12-31 | CN¥1.05 Billion ≈ $153.10 Million |
+8.69% |
| 2021-12-31 | CN¥962.62 Million ≈ $140.86 Million |
+7.76% |
| 2020-12-31 | CN¥893.30 Million ≈ $130.72 Million |
+6.40% |
| 2019-12-31 | CN¥839.61 Million ≈ $122.86 Million |
+13.52% |
| 2018-12-31 | CN¥739.61 Million ≈ $108.23 Million |
+16.63% |
| 2017-12-31 | CN¥634.13 Million ≈ $92.79 Million |
+9.97% |
| 2016-12-31 | CN¥576.62 Million ≈ $84.38 Million |
+92.13% |
| 2015-12-31 | CN¥300.12 Million ≈ $43.92 Million |
+18.82% |
| 2014-12-31 | CN¥252.58 Million ≈ $36.96 Million |
+22.20% |
| 2013-12-31 | CN¥206.69 Million ≈ $30.25 Million |
+26.97% |
| 2012-12-31 | CN¥162.79 Million ≈ $23.82 Million |
+31.20% |
| 2011-12-31 | CN¥124.07 Million ≈ $18.16 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Holsin Engineering Consulting'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 568.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥644.59 Million | 59.99% |
| Common Stock | CN¥260.67 Million | 24.26% |
| Other Comprehensive Income | CN¥58.72 Million | 5.47% |
| Other Components | CN¥110.49 Million | 10.28% |
| Total Equity | CN¥1.07 Billion | 100.00% |
Holsin Engineering Consulting Competitors by Market Cap
The table below lists competitors of Holsin Engineering Consulting ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lightbridge Corp
NASDAQ:LTBR
|
$463.88 Million |
|
Brait SE
JSE:BAT
|
$463.94 Million |
|
Multiconsult AS
OL:MULTI
|
$463.95 Million |
|
Shahe Industry Co Ltd
SHE:000014
|
$463.99 Million |
|
Malteries Franco-Belges Société Anonyme
PA:MALT
|
$463.75 Million |
|
Sweco AB (publ)
ST:SWEC-A
|
$463.71 Million |
|
Symtek Automation Asia Co Ltd
TW:6438
|
$463.60 Million |
|
CN EVERBRIGHT WATER HD 1
F:BIU2
|
$463.60 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Holsin Engineering Consulting's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 993,666,000 to 1,074,486,937, a change of 80,820,937 (8.1%).
- Net income of 95,607,208 contributed positively to equity growth.
- Dividend payments of 20,853,851 reduced retained earnings.
- Other comprehensive income increased equity by 6,875,222.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥95.61 Million | +8.9% |
| Dividends Paid | CN¥20.85 Million | -1.94% |
| Other Comprehensive Income | CN¥6.88 Million | +0.64% |
| Other Changes | CN¥-807.64K | -0.08% |
| Total Change | CN¥- | 8.13% |
Book Value vs Market Value Analysis
This analysis compares Holsin Engineering Consulting'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: 2.95x
- 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 20.10x to 2.95x 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¥0.61 | CN¥12.16 | x |
| 2012-12-31 | CN¥0.85 | CN¥12.16 | x |
| 2013-12-31 | CN¥1.07 | CN¥12.16 | x |
| 2014-12-31 | CN¥1.31 | CN¥12.16 | x |
| 2015-12-31 | CN¥1.56 | CN¥12.16 | x |
| 2016-12-31 | CN¥2.59 | CN¥12.16 | x |
| 2017-12-31 | CN¥2.48 | CN¥12.16 | x |
| 2018-12-31 | CN¥2.71 | CN¥12.16 | x |
| 2019-12-31 | CN¥3.07 | CN¥12.16 | x |
| 2020-12-31 | CN¥2.33 | CN¥12.16 | x |
| 2021-12-31 | CN¥3.38 | CN¥12.16 | x |
| 2022-12-31 | CN¥3.59 | CN¥12.16 | x |
| 2023-12-31 | CN¥3.81 | CN¥12.16 | x |
| 2024-12-31 | CN¥4.12 | CN¥12.16 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Holsin Engineering Consulting 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): 8.90%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.45%
- • Asset Turnover: 1.43x
- • Equity Multiplier: 4.30x
- Recent ROE (8.90%) is below the historical average (13.28%), 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 | 28.59% | 20.77% | 0.81x | 1.71x | CN¥22.55 Million |
| 2012 | 26.43% | 20.90% | 0.93x | 1.37x | CN¥26.54 Million |
| 2013 | 23.01% | 20.07% | 0.96x | 1.20x | CN¥26.73 Million |
| 2014 | 19.55% | 20.54% | 0.78x | 1.23x | CN¥23.97 Million |
| 2015 | 17.75% | 19.33% | 0.71x | 1.30x | CN¥23.15 Million |
| 2016 | 10.03% | 19.93% | 0.44x | 1.14x | CN¥181.56K |
| 2017 | 9.87% | 18.09% | 0.47x | 1.17x | CN¥-847.16K |
| 2018 | 9.67% | 10.77% | 0.47x | 1.91x | CN¥-2.31 Million |
| 2019 | 9.36% | 9.73% | 0.53x | 1.80x | CN¥-5.07 Million |
| 2020 | 5.53% | 5.92% | 0.53x | 1.75x | CN¥-38.16 Million |
| 2021 | 4.59% | 4.80% | 0.52x | 1.85x | CN¥-47.61 Million |
| 2022 | 6.06% | 4.49% | 0.69x | 1.94x | CN¥-36.80 Million |
| 2023 | 6.63% | 1.67% | 1.32x | 3.02x | CN¥-33.44 Million |
| 2024 | 8.90% | 1.45% | 1.43x | 4.30x | CN¥-11.84 Million |
Industry Comparison
This section compares Holsin Engineering Consulting'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 |
|---|---|---|---|---|
| Holsin Engineering Consulting (603909) | CN¥1.28 Billion | 28.59% | 3.34x | $463.84 Million |
| 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 Holsin Engineering Consulting
C&D Holsin Engineering Consulting Co., Ltd offers engineering and technical services in China. The company provides engineering survey and designing, management, testing and inspection, construction, and maintenance services, as well as engineering materials. It offers project life cycle management consulting and technical services. The company serves transportation, municipal administration, and… Read more