Hunan Baili Engineering Sci (603959) - Net Assets
Based on the latest financial reports, Hunan Baili Engineering Sci (603959) has net assets worth CN¥18.45 Million CNY (≈ $2.70 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.18 Billion ≈ $318.37 Million USD) and total liabilities (CN¥2.16 Billion ≈ $315.67 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 Hunan Baili Engineering Sci tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥18.45 Million |
| % of Total Assets | 0.85% |
| Annual Growth Rate | -6.03% |
| 5-Year Change | -89.87% |
| 10-Year Change | -92.16% |
| Growth Volatility | 43.8 |
Hunan Baili Engineering Sci - Net Assets Trend (2011–2025)
This chart illustrates how Hunan Baili Engineering Sci's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Hunan Baili Engineering Sci to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Hunan Baili Engineering Sci (2011–2025)
The table below shows the annual net assets of Hunan Baili Engineering Sci from 2011 to 2025. For live valuation and market cap data, see Hunan Baili Engineering Sci (603959) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥68.59 Million ≈ $10.04 Million |
-56.57% |
| 2024-12-31 | CN¥157.93 Million ≈ $23.11 Million |
-73.63% |
| 2023-12-31 | CN¥598.98 Million ≈ $87.65 Million |
-16.48% |
| 2022-12-31 | CN¥717.16 Million ≈ $104.94 Million |
+5.95% |
| 2021-12-31 | CN¥676.90 Million ≈ $99.05 Million |
+6.08% |
| 2020-12-31 | CN¥638.09 Million ≈ $93.37 Million |
+39.17% |
| 2019-12-31 | CN¥458.50 Million ≈ $67.09 Million |
-58.58% |
| 2018-12-31 | CN¥1.11 Billion ≈ $161.99 Million |
+15.49% |
| 2017-12-31 | CN¥958.50 Million ≈ $140.26 Million |
+9.51% |
| 2016-12-31 | CN¥875.30 Million ≈ $128.08 Million |
+89.87% |
| 2015-12-31 | CN¥460.99 Million ≈ $67.46 Million |
+19.39% |
| 2014-12-31 | CN¥386.12 Million ≈ $56.50 Million |
+16.50% |
| 2013-12-31 | CN¥331.43 Million ≈ $48.50 Million |
+25.61% |
| 2012-12-31 | CN¥263.86 Million ≈ $38.61 Million |
+60.96% |
| 2011-12-31 | CN¥163.93 Million ≈ $23.99 Million |
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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 5274.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥893.66 Million | 1854.26% |
| Total Equity | CN¥48.19 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.
| Company | Market Cap |
|---|---|
|
Formosan Union Chemical Corp
TW:1709
|
$319.36 Million |
|
SUNDARAM CLAYTON LTD
NSE:SUNCLAY
|
$319.36 Million |
|
Shoper S.A.
WAR:SHO
|
$319.40 Million |
|
Alandsbanken Abp A
HE:ALBAV
|
$319.51 Million |
|
Hisem Co Ltd
KQ:200470
|
$319.23 Million |
|
Shinsegae Inte
KO:031430
|
$319.16 Million |
|
TECHPOINT INC. JDR/1
F:R46
|
$318.93 Million |
|
enCore Energy Corp.
V:EU
|
$318.92 Million |
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 2024 to 2025, total equity changed from 139,177,676 to 48,194,901, a change of -90,982,775 (-65.4%).
- Net loss of 154,385,559 reduced equity.
- Dividend payments of 23,327,022 reduced retained earnings.
- Other comprehensive income decreased equity by 75,917,245.
- Other factors increased equity by 162,647,051.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-154.39 Million | -320.34% |
| Dividends Paid | CN¥23.33 Million | -48.4% |
| Other Comprehensive Income | CN¥-75.92 Million | -157.52% |
| Other Changes | CN¥162.65 Million | +337.48% |
| Total Change | CN¥- | -65.37% |
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: 45.27x
- 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 9.01x to 45.27x 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¥4.45 | x |
| 2012-12-31 | CN¥0.79 | CN¥4.45 | x |
| 2013-12-31 | CN¥1.01 | CN¥4.45 | x |
| 2014-12-31 | CN¥1.19 | CN¥4.45 | x |
| 2015-12-31 | CN¥1.41 | CN¥4.45 | x |
| 2016-12-31 | CN¥2.22 | CN¥4.45 | x |
| 2017-12-31 | CN¥2.21 | CN¥4.45 | x |
| 2018-12-31 | CN¥2.50 | CN¥4.45 | x |
| 2019-12-31 | CN¥1.03 | CN¥4.45 | x |
| 2020-12-31 | CN¥1.34 | CN¥4.45 | x |
| 2021-12-31 | CN¥1.32 | CN¥4.45 | x |
| 2022-12-31 | CN¥1.34 | CN¥4.45 | x |
| 2023-12-31 | CN¥1.10 | CN¥4.45 | x |
| 2024-12-31 | CN¥0.28 | CN¥4.45 | x |
| 2025-12-31 | CN¥0.10 | CN¥4.45 | 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): -320.34%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -20.83%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 47.01x
- Recent ROE (-320.34%) is below the historical average (-37.82%), 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 | -138.75% | -44.80% | 0.51x | 6.08x | CN¥-670.63 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 | 1.30% | 0.27% | 0.74x | 6.57x | CN¥-57.35 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 |
| 2025 | -320.34% | -20.83% | 0.33x | 47.01x | CN¥-159.21 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: $5,337,506,041
- Average return on equity (ROE) among peers: 2.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hunan Baili Engineering Sci (603959) | CN¥18.45 Million | 56.88% | 116.90x | $319.27 Million |
| Shenzhen Ecobeauty Co Ltd (000010) | $85.43 Million | -1.22% | 1.48x | $319.64 Million |
| Shenzhen Sed Industry Co Ltd (000032) | $1.02 Billion | 0.84% | 0.48x | $4.37 Billion |
| NORINCO International Cooperation Ltd (000065) | $5.45 Billion | 12.95% | 1.70x | $2.09 Billion |
| Shenzhen Tagen Group Co Ltd (000090) | $2.08 Billion | -5.51% | 1.59x | $926.92 Million |
| Shandong Hi-Speed Road&Bridge (000498) | $35.37 Billion | 6.57% | 3.62x | $1.14 Billion |
| Jinyuan Cement Co Ltd (000546) | $3.87 Billion | 9.07% | 1.07x | $589.45 Million |
| Hunan Investment Group Co Ltd (000548) | $1.79 Billion | 4.84% | 0.26x | $317.04 Million |
| ChengDu Hi-Tech Development Co Ltd (000628) | $447.10 Million | 0.48% | 3.19x | $2.77 Billion |
| Gansu Engineering Consulting Group Co Ltd (000779) | $755.13 Million | 2.68% | 0.20x | $524.43 Million |
| Hainan Expressway Co Ltd (000886) | $2.50 Billion | -9.06% | 0.24x | $614.96 Million |
About Hunan Baili Engineering Sci
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