Xtep International Holdings Limited
Xtep International Holdings Limited, together with its subsidiaries, designs, develops, manufactures, markets, and sells sports footwear, apparel, and accessories for adults and children in Mainland China. It operates through two segments, Mass Market and Professional Sports. The company sells its products under the Xtep, Saucony, and Merrell brands. It sells its products through online channels … Read more
Xtep International Holdings Limited (4QI) - Net Assets
Latest net assets as of June 2025: €9.88 Billion EUR
Based on the latest financial reports, Xtep International Holdings Limited (4QI) has net assets worth €9.88 Billion EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€17.17 Billion) and total liabilities (€7.30 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 | €9.88 Billion |
| % of Total Assets | 57.51% |
| Annual Growth Rate | 6.16% |
| 5-Year Change | 19.23% |
| 10-Year Change | 78.63% |
| Growth Volatility | 8.22 |
Xtep International Holdings Limited - Net Assets Trend (2013–2024)
This chart illustrates how Xtep International Holdings 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 Xtep International Holdings Limited (2013–2024)
The table below shows the annual net assets of Xtep International Holdings Limited from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €8.70 Billion | -2.47% |
| 2023-12-31 | €8.92 Billion | +7.42% |
| 2022-12-31 | €8.31 Billion | +4.06% |
| 2021-12-31 | €7.98 Billion | +9.37% |
| 2020-12-31 | €7.30 Billion | +4.86% |
| 2019-12-31 | €6.96 Billion | +30.56% |
| 2018-12-31 | €5.33 Billion | +0.04% |
| 2017-12-31 | €5.33 Billion | +6.09% |
| 2016-12-31 | €5.02 Billion | +3.10% |
| 2015-12-31 | €4.87 Billion | +3.43% |
| 2014-12-31 | €4.71 Billion | +4.50% |
| 2013-12-31 | €4.51 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Xtep International Holdings 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 grown by 16.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €4.77 Billion | 54.84% |
| Other Components | €3.93 Billion | 45.16% |
| Total Equity | €8.70 Billion | 100.00% |
Xtep International Holdings Limited Competitors by Market Cap
The table below lists competitors of Xtep International Holdings Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Maanshan Iron & Steel Company Limited
PINK:MAANF
|
$751.18 Million |
|
Lin BioScience Inc.
TWO:6696
|
$751.39 Million |
|
Maharashtra Scooters Limited
NSE:MAHSCOOTER
|
$751.61 Million |
|
Northwest Healthcare Properties REIT
PINK:NWHUF
|
$751.83 Million |
|
Shaanxi Fenghuo Electronics Co Ltd
SHE:000561
|
$750.86 Million |
|
Stevanato Group SpA
NYSE:STVN
|
$750.79 Million |
|
Shenzhen Beauty Star Co Ltd
SHE:002243
|
$750.65 Million |
|
Tamilnad Mercantile Bank Limited
NSE:TMB
|
$750.26 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Xtep International Holdings Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 8,862,566,000 to 8,702,568,000, a change of -159,998,000 (-1.8%).
- Net income of 1,238,402,000 contributed positively to equity growth.
- Dividend payments of 1,443,604,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €1.24 Billion | +14.23% |
| Dividends Paid | €1.44 Billion | -16.59% |
| Other Changes | €45.20 Million | +0.52% |
| Total Change | €- | -1.81% |
Book Value vs Market Value Analysis
This analysis compares Xtep International Holdings 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: 0.16x
- 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 | €2.35 | €0.55 | x |
| 2018-12-31 | €2.37 | €0.55 | x |
| 2019-12-31 | €2.74 | €0.55 | x |
| 2020-12-31 | €2.84 | €0.55 | x |
| 2021-12-31 | €3.01 | €0.55 | x |
| 2022-12-31 | €3.27 | €0.55 | x |
| 2023-12-31 | €3.50 | €0.55 | x |
| 2024-12-31 | €3.38 | €0.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Xtep International Holdings 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): 14.23%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.12%
- • Asset Turnover: 0.85x
- • Equity Multiplier: 1.83x
- Recent ROE (14.23%) is above the historical average (11.12%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 13.45% | 13.95% | 0.59x | 1.62x | €155.39 Million |
| 2014 | 10.17% | 10.01% | 0.61x | 1.67x | €7.96 Million |
| 2015 | 12.83% | 11.76% | 0.65x | 1.67x | €137.41 Million |
| 2016 | 10.66% | 9.78% | 0.66x | 1.65x | €32.51 Million |
| 2017 | 7.82% | 7.98% | 0.57x | 1.71x | €-113.95 Million |
| 2018 | 12.33% | 10.29% | 0.69x | 1.73x | €123.89 Million |
| 2019 | 10.56% | 8.89% | 0.66x | 1.79x | €38.60 Million |
| 2020 | 7.10% | 6.28% | 0.65x | 1.74x | €-209.30 Million |
| 2021 | 11.46% | 9.07% | 0.69x | 1.84x | €115.41 Million |
| 2022 | 11.18% | 7.13% | 0.78x | 2.00x | €97.28 Million |
| 2023 | 11.62% | 8.08% | 0.74x | 1.95x | €143.75 Million |
| 2024 | 14.23% | 9.12% | 0.85x | 1.83x | €368.15 Million |
Industry Comparison
This section compares Xtep International Holdings Limited's net assets metrics with peer companies in the Apparel Retail industry.
Industry Context
- Industry: Apparel Retail
- Average net assets among peers: $3,242,277,750
- Average return on equity (ROE) among peers: -6.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Xtep International Holdings Limited (4QI) | €9.88 Billion | 13.45% | 0.74x | $751.12 Million |
| The Buckle Inc (BK2) | $413.22 Million | 53.22% | 1.15x | $1.35 Billion |
| The Cato Corporation (CO2A) | $192.32 Million | -12.45% | 1.53x | $36.50 Million |
| ESH (ESH) | $1.97 Billion | -118.97% | 1.93x | $18.78 Million |
| Step One Clothing Limited (J6H) | $57.07 Million | 15.10% | 0.16x | $7.15 Million |
| RIGHT ON Co. Ltd (RGH) | $22.64 Billion | -27.14% | 1.06x | $24.86 Million |
| Stockmann Oyj Abp (SOMB) | $394.00 Million | 3.35% | 2.34x | $279.83 Million |
| Tom Tailor Holding SE (TTI) | $212.95 Million | 5.95% | 2.03x | $5.05K |
| APB Apranga (WHX) | $63.66 Million | 26.35% | 1.51x | $48.25 Million |