CHINA RENAISSANCE HLDGS (6RN) - Net Assets
Based on the latest financial reports, CHINA RENAISSANCE HLDGS (6RN) has net assets worth €7.12 Billion EUR (≈ $8.32 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€9.47 Billion ≈ $11.07 Billion USD) and total liabilities (€2.35 Billion ≈ $2.74 Billion 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 how resilient are CHINA RENAISSANCE HLDGS's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €7.12 Billion |
| % of Total Assets | 75.22% |
| Annual Growth Rate | -3.76% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 1.39 |
CHINA RENAISSANCE HLDGS - Net Assets Trend (2021–2024)
This chart illustrates how CHINA RENAISSANCE HLDGS's net assets have evolved over time, based on quarterly financial data. Also explore CHINA RENAISSANCE HLDGS asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for CHINA RENAISSANCE HLDGS (2021–2024)
The table below shows the annual net assets of CHINA RENAISSANCE HLDGS from 2021 to 2024. For live valuation and market cap data, see 6RN company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €7.05 Billion ≈ $8.24 Billion |
-1.79% |
| 2023-12-31 | €7.18 Billion ≈ $8.39 Billion |
-4.81% |
| 2022-12-31 | €7.54 Billion ≈ $8.81 Billion |
-4.66% |
| 2021-12-31 | €7.91 Billion ≈ $9.24 Billion |
-- |
Equity Component Analysis
This analysis shows how different components contribute to CHINA RENAISSANCE HLDGS'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 2216800000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €6.07 Billion | 100.37% |
| Total Equity | €6.04 Billion | 100.00% |
CHINA RENAISSANCE HLDGS Competitors by Market Cap
The table below lists competitors of CHINA RENAISSANCE HLDGS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SharonAI Holdings, Inc. Class A Common Stock
NASDAQ:SHAZ
|
$223.83 Million |
|
Ayen Enerji AS
IS:AYEN
|
$223.87 Million |
|
Fourlis Holdings S.A.
AT:FOYRK
|
$223.95 Million |
|
SHIPPING CORPORATION OF INDIA LAND
NSE:SCILAL
|
$224.01 Million |
|
Shanghai Longyun Advg & Media
SHG:603729
|
$223.59 Million |
|
Kwong Lung Enterprise Co Ltd
TWO:8916
|
$223.56 Million |
|
Chen Full International Co Ltd
TWO:8383
|
$223.55 Million |
|
GD Culture Group Limited
NASDAQ:GDC
|
$223.54 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CHINA RENAISSANCE HLDGS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,139,409,000 to 6,043,575,000, a change of -95,834,000 (-1.6%).
- Net loss of 179,017,000 reduced equity.
- New share issuances of 6,376,000 increased equity.
- Other factors increased equity by 76,807,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-179.02 Million | -2.96% |
| Share Issuances | €6.38 Million | +0.11% |
| Other Changes | €76.81 Million | +1.27% |
| Total Change | €- | -1.56% |
Book Value vs Market Value Analysis
This analysis compares CHINA RENAISSANCE HLDGS'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: 0.03x
- 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 |
|---|---|---|---|
| 2021-12-31 | €12.40 | €0.36 | x |
| 2022-12-31 | €11.44 | €0.36 | x |
| 2023-12-31 | €10.80 | €0.36 | x |
| 2024-12-31 | €10.56 | €0.36 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CHINA RENAISSANCE HLDGS 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): -2.96%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -19.33%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 1.75x
- Recent ROE (-2.96%) is below the historical average (1.63%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 23.80% | 61.14% | 0.19x | 2.08x | €941.76 Million |
| 2022 | -6.61% | -27.53% | 0.12x | 2.01x | €-1.08 Billion |
| 2023 | -7.69% | -55.63% | 0.09x | 1.52x | €-1.09 Billion |
| 2024 | -2.96% | -19.33% | 0.09x | 1.75x | €-783.37 Million |
Industry Comparison
This section compares CHINA RENAISSANCE HLDGS's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $26,026,828,602
- Average return on equity (ROE) among peers: -28.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CHINA RENAISSANCE HLDGS (6RN) | €7.12 Billion | 23.80% | 0.33x | $223.61 Million |
| China Cinda Asset Management Co., Ltd. (0CI) | $223.16 Billion | 1.36% | 6.34x | $1.86 Billion |
| Quinsam Capital Corporation (0Q4) | $34.17 Million | 7.14% | 0.02x | $2.41 Million |
| tokentus investment AG (14D) | $11.34 Million | -20.03% | 0.03x | $7.49 Million |
| HELIOS FAIRFAX PARTNERS (3UD) | $544.31 Million | -9.33% | 0.20x | $92.04 Million |
| ALEXANDRIA PANKKIIRILIIKE (3ZL) | $30.32 Million | 12.70% | 0.32x | $104.59 Million |
| HAMILTON GLB.OPP.LS-0001 (5DS) | $8.86 Million | -3.21% | 0.04x | $26.89 Million |
| EAT WELL INVESTMENT GROUP (6BC0) | $16.23 Million | -72.31% | 3.04x | $18.57 Million |
| Victory Square Technologies Inc (6F6) | $13.25 Million | -182.62% | 0.83x | $47.76 Million |
| Noah Holdings Limited (6NO) | $10.43 Billion | 9.68% | 0.22x | $634.01 Million |
About CHINA RENAISSANCE HLDGS
China Renaissance Holdings Limited provides investment banking and investment management services in Mainland China, Hong Kong, and the United States. It operates through Investment Banking, Investment Management, CR Securities, and Others segments. The company offers financial advisory, and merger and acquisition advisory services; equity underwriting, sales, trading, brokerage, and research ser… Read more