Chiho Environmental Group Limited
Chiho Environmental Group Limited, an investment holding company, engages in the metal recycling business in Asia, Europe, and North America. The company is involved in the recycling of mixed metal into copper, aluminum, and ferrous metals. It also recycles end-of-life vehicles, lithium-ion battery, oil and lubricants, and electrical and electronic equipment wastes; and produces secondary aluminu… Read more
Chiho Environmental Group Limited (T4N) - Net Assets
Latest net assets as of June 2024: €4.79 Billion EUR
Based on the latest financial reports, Chiho Environmental Group Limited (T4N) has net assets worth €4.79 Billion EUR as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€8.92 Billion) and total liabilities (€4.13 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 | €4.79 Billion |
| % of Total Assets | 53.73% |
| Annual Growth Rate | 11.07% |
| 5-Year Change | -1.15% |
| 10-Year Change | 657.67% |
| Growth Volatility | 178.68 |
Chiho Environmental Group Limited - Net Assets Trend (2013–2023)
This chart illustrates how Chiho Environmental Group Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Chiho Environmental Group Limited (2013–2023)
The table below shows the annual net assets of Chiho Environmental Group Limited from 2013 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €4.87 Billion | +1.96% |
| 2022-12-31 | €4.78 Billion | -1.62% |
| 2021-12-31 | €4.86 Billion | +8.85% |
| 2020-12-31 | €4.46 Billion | -9.47% |
| 2019-12-31 | €4.93 Billion | -4.18% |
| 2018-12-31 | €5.15 Billion | +1.96% |
| 2017-12-31 | €5.05 Billion | +23.57% |
| 2016-12-31 | €4.08 Billion | -7.46% |
| 2015-12-31 | €4.41 Billion | +586.06% |
| 2014-12-31 | €643.36 Million | -62.30% |
| 2013-12-31 | €1.71 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Chiho Environmental Group Limited'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 456.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €6.52 Billion | 132.26% |
| Total Equity | €4.93 Billion | 100.00% |
Chiho Environmental Group Limited Competitors by Market Cap
The table below lists competitors of Chiho Environmental Group Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mustgrow Biologics Corp
OTCQB:MGROF
|
$23.82 Million |
|
UNITEKNO Co.Ltd
KQ:241690
|
$23.82 Million |
|
The Ugar Sugar Works Limited
NSE:UGARSUGAR
|
$23.83 Million |
|
Malaysia Steel Works KL Bhd
KLSE:5098
|
$23.83 Million |
|
Eniro AB
ST:ENRO
|
$23.81 Million |
|
Victory New Materials Ltd Co
TW:1340
|
$23.81 Million |
|
Ekarat Engineering Public Company Limited
BK:AKR
|
$23.80 Million |
|
Jin Yang Pharmaceutical Co. Ltd
KQ:007370
|
$23.80 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Chiho Environmental Group Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 4,824,200,000 to 4,931,500,000, a change of 107,300,000 (2.2%).
- Net loss of 9,300,000 reduced equity.
- Other factors increased equity by 116,600,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-9.30 Million | -0.19% |
| Other Changes | €116.60 Million | +2.36% |
| Total Change | €- | 2.22% |
Book Value vs Market Value Analysis
This analysis compares Chiho Environmental Group Limited'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: 0.02x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €3.16 | €0.05 | x |
| 2018-12-31 | €3.22 | €0.05 | x |
| 2019-12-31 | €3.08 | €0.05 | x |
| 2020-12-31 | €2.79 | €0.05 | x |
| 2021-12-31 | €3.04 | €0.05 | x |
| 2022-12-31 | €3.01 | €0.05 | x |
| 2023-12-31 | €3.07 | €0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Chiho Environmental Group Limited 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): -0.19%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.06%
- • Asset Turnover: 1.89x
- • Equity Multiplier: 1.77x
- Recent ROE (-0.19%) is above the historical average (-17.22%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -21.58% | -5.30% | 1.47x | 2.77x | €-560.36 Million |
| 2014 | -146.12% | -18.00% | 1.61x | 5.03x | €-1.13 Billion |
| 2015 | -25.37% | -36.31% | 0.52x | 1.35x | €-1.59 Billion |
| 2016 | -10.68% | -13.70% | 0.27x | 2.88x | €-851.61 Million |
| 2017 | 8.41% | 2.31% | 1.53x | 2.38x | €-80.51 Million |
| 2018 | 7.75% | 1.92% | 1.84x | 2.20x | €-116.33 Million |
| 2019 | -2.60% | -0.84% | 1.51x | 2.06x | €-622.83 Million |
| 2020 | -18.94% | -6.34% | 1.35x | 2.20x | €-1.30 Billion |
| 2021 | 14.40% | 3.20% | 2.20x | 2.04x | €214.61 Million |
| 2022 | 5.48% | 1.35% | 2.28x | 1.78x | €-217.92 Million |
| 2023 | -0.19% | -0.06% | 1.89x | 1.77x | €-502.45 Million |
Industry Comparison
This section compares Chiho Environmental Group Limited's net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $12,088,139,725
- Average return on equity (ROE) among peers: -1.46%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chiho Environmental Group Limited (T4N) | €4.79 Billion | -21.58% | 0.86x | $23.81 Million |
| Hulamin Limited (4H6) | $3.40 Billion | -39.52% | 0.68x | $15.47 Million |
| EVA Precision Industrial Holdings Limited (GZT) | $2.84 Billion | 7.26% | 1.56x | $86.41 Million |
| Ka Shui International Holdings Limited (MI8) | $1.01 Billion | 8.80% | 0.62x | $8.98 Million |
| Norma Group AG NA O.N. (NOEJ) | $629.45 Million | 9.28% | 1.41x | $365.03 Million |
| China International Marine Containers (Group) Co. Ltd (OCM) | $64.63 Billion | 0.65% | 1.50x | $2.65 Billion |
| Schulte-Schlagbaum AG (SSS) | $19.87 Million | 4.77% | 0.69x | $2.20 Million |