Hunan Baili Engineering Sci

SHG:603959 China Engineering & Construction
Market Cap
$408.96 Million
CN¥3.00 Billion CNY
Market Cap Rank
#11922 Global
#2882 in China
Share Price
CN¥6.12
Change (1 day)
-2.39%
52-Week Range
CN¥3.27 - CN¥7.80
All Time High
CN¥23.84
About

Hunan Baili Engineering Sci&Tech Co.,Ltd provides professional engineering consultation, engineering design, engineering, procurement, and construction services in China. The company engages in the engineering consulting and design, engineering general contracting, equipment intelligent manufacturing, intelligent production line integrated manufacturing, etc. It also provides study, FEED, licensi… Read more

Hunan Baili Engineering Sci (603959) - Net Assets

Latest net assets as of September 2025: CN¥45.87 Million CNY

Based on the latest financial reports, Hunan Baili Engineering Sci (603959) has net assets worth CN¥45.87 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¥2.49 Billion) and total liabilities (CN¥2.44 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¥45.87 Million
% of Total Assets 1.84%
Annual Growth Rate -0.29%
5-Year Change -75.25%
10-Year Change -65.74%
Growth Volatility 41.75

Hunan Baili Engineering Sci - Net Assets Trend (2011–2024)

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

Annual Net Assets for Hunan Baili Engineering Sci (2011–2024)

The table below shows the annual net assets of Hunan Baili Engineering Sci from 2011 to 2024.

Year Net Assets Change
2024-12-31 CN¥157.93 Million -73.63%
2023-12-31 CN¥598.98 Million -16.48%
2022-12-31 CN¥717.16 Million +5.95%
2021-12-31 CN¥676.90 Million +6.08%
2020-12-31 CN¥638.09 Million +39.17%
2019-12-31 CN¥458.50 Million -58.58%
2018-12-31 CN¥1.11 Billion +15.49%
2017-12-31 CN¥958.50 Million +9.51%
2016-12-31 CN¥875.30 Million +89.87%
2015-12-31 CN¥460.99 Million +19.39%
2014-12-31 CN¥386.12 Million +16.50%
2013-12-31 CN¥331.43 Million +25.61%
2012-12-31 CN¥263.86 Million +60.96%
2011-12-31 CN¥163.93 Million --

Equity Component Analysis

This analysis shows how different components contribute to Hunan Baili Engineering Sci'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 4329.6% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥490.30 Million 352.28%
Other Comprehensive Income CN¥75.92 Million 54.55%
Other Components CN¥264.04 Million 189.71%
Total Equity CN¥139.18 Million 100.00%

Hunan Baili Engineering Sci Competitors by Market Cap

The table below lists competitors of Hunan Baili Engineering Sci ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Hunan Baili Engineering Sci's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 539,917,238 to 139,177,676, a change of -400,739,562 (-74.2%).
  • Net loss of 401,449,354 reduced equity.
  • Dividend payments of 24,940,893 reduced retained earnings.
  • Other comprehensive income increased equity by 74,064,245.
  • Other factors decreased equity by 48,413,560.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-401.45 Million -288.44%
Dividends Paid CN¥24.94 Million -17.92%
Other Comprehensive Income CN¥74.06 Million +53.22%
Other Changes CN¥-48.41 Million -34.79%
Total Change CN¥- -74.22%

Book Value vs Market Value Analysis

This analysis compares Hunan Baili Engineering Sci'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: 21.53x
  • 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 12.39x to 21.53x 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¥0.49 CN¥6.12 x
2012-12-31 CN¥0.79 CN¥6.12 x
2013-12-31 CN¥1.01 CN¥6.12 x
2014-12-31 CN¥1.18 CN¥6.12 x
2015-12-31 CN¥1.41 CN¥6.12 x
2016-12-31 CN¥2.22 CN¥6.12 x
2017-12-31 CN¥2.21 CN¥6.12 x
2018-12-31 CN¥2.50 CN¥6.12 x
2019-12-31 CN¥1.03 CN¥6.12 x
2020-12-31 CN¥1.34 CN¥6.12 x
2021-12-31 CN¥1.32 CN¥6.12 x
2022-12-31 CN¥1.34 CN¥6.12 x
2023-12-31 CN¥1.10 CN¥6.12 x
2024-12-31 CN¥0.28 CN¥6.12 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Hunan Baili Engineering Sci 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): -288.44%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -32.99%
  • • Asset Turnover: 0.43x
  • • Equity Multiplier: 20.24x
  • Recent ROE (-288.44%) is below the historical average (-17.44%), 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 56.88% 32.20% 0.91x 1.95x CN¥76.84 Million
2012 37.87% 22.45% 0.66x 2.57x CN¥73.55 Million
2013 25.88% 11.35% 0.94x 2.42x CN¥52.63 Million
2014 18.51% 10.87% 0.59x 2.86x CN¥32.87 Million
2015 16.24% 16.62% 0.39x 2.52x CN¥28.78 Million
2016 12.16% 13.83% 0.42x 2.11x CN¥18.90 Million
2017 11.32% 18.18% 0.27x 2.33x CN¥12.66 Million
2018 13.58% 12.69% 0.44x 2.44x CN¥39.59 Million
2019 -138.51% -44.72% 0.51x 6.08x CN¥-669.59 Million
2020 3.81% 1.68% 0.50x 4.48x CN¥-38.38 Million
2021 4.52% 2.82% 0.33x 4.92x CN¥-35.62 Million
2022 3.87% 0.79% 0.74x 6.57x CN¥-40.40 Million
2023 -21.85% -5.70% 0.51x 7.49x CN¥-171.96 Million
2024 -288.44% -32.99% 0.43x 20.24x CN¥-415.37 Million

Industry Comparison

This section compares Hunan Baili Engineering Sci'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
Hunan Baili Engineering Sci (603959) CN¥45.87 Million 56.88% 53.28x $359.90 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