China Resources Land Limited (CHZ) - Net Assets
Based on the latest financial reports, China Resources Land Limited (CHZ) has net assets worth €410.41 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 (€1.15 Trillion) and total liabilities (€738.25 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 | €410.41 Billion |
| % of Total Assets | 35.73% |
| Annual Growth Rate | 14.03% |
| 5-Year Change | 54.83% |
| 10-Year Change | 199.45% |
| Growth Volatility | 9.67 |
China Resources Land Limited - Net Assets Trend (2013–2024)
This chart illustrates how China Resources Land 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 China Resources Land Limited (2013–2024)
The table below shows the annual net assets of China Resources Land Limited from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €396.74 Billion | +3.28% |
| 2023-12-31 | €384.15 Billion | +12.42% |
| 2022-12-31 | €341.71 Billion | +16.99% |
| 2021-12-31 | €292.08 Billion | +13.98% |
| 2020-12-31 | €256.24 Billion | +9.75% |
| 2019-12-31 | €233.47 Billion | +29.20% |
| 2018-12-31 | €180.70 Billion | +25.42% |
| 2017-12-31 | €144.08 Billion | +15.63% |
| 2016-12-31 | €124.60 Billion | -5.95% |
| 2015-12-31 | €132.49 Billion | +13.12% |
| 2014-12-31 | €117.12 Billion | +25.15% |
| 2013-12-31 | €93.59 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to China Resources Land 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 374.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €195.47 Billion | 71.73% |
| Other Components | €77.04 Billion | 28.27% |
| Total Equity | €272.51 Billion | 100.00% |
China Resources Land Limited Competitors by Market Cap
The table below lists competitors of China Resources Land Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Omnicom Group Inc
NYSE:OMC
|
$22.42 Billion |
|
Laboratory Corporation of America Holdings
NYSE:LH
|
$22.44 Billion |
|
Amadeus IT Group S.A.
MC:AMS
|
$22.44 Billion |
|
Labcorp Holdings Inc.
MX:LH
|
$22.45 Billion |
|
Stellantis NV
NYSE:STLA
|
$22.39 Billion |
|
Reddit
F:6VO
|
$22.37 Billion |
|
Volkswagen AG VZO O.N.
XETRA:VOW3
|
$22.35 Billion |
|
WSP Global Inc
TO:WSP
|
$22.32 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China Resources Land Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 264,867,183,000 to 272,507,348,000, a change of 7,640,165,000 (2.9%).
- Net income of 25,577,359,000 contributed positively to equity growth.
- Dividend payments of 10,283,076,000 reduced retained earnings.
- Other factors decreased equity by 7,654,118,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €25.58 Billion | +9.39% |
| Dividends Paid | €10.28 Billion | -3.77% |
| Other Changes | €-7.65 Billion | -2.81% |
| Total Change | €- | 2.88% |
Book Value vs Market Value Analysis
This analysis compares China Resources Land 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: 0.09x
- 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.
- The price-to-book ratio has decreased from 0.19x to 0.09x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €17.25 | €3.30 | x |
| 2018-12-31 | €20.69 | €3.30 | x |
| 2019-12-31 | €25.74 | €3.30 | x |
| 2020-12-31 | €28.53 | €3.30 | x |
| 2021-12-31 | €31.77 | €3.30 | x |
| 2022-12-31 | €34.22 | €3.30 | x |
| 2023-12-31 | €37.14 | €3.30 | x |
| 2024-12-31 | €38.21 | €3.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China Resources Land 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): 9.39%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.17%
- • Asset Turnover: 0.25x
- • Equity Multiplier: 4.14x
- Recent ROE (9.39%) is below the historical average (14.54%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 17.33% | 20.59% | 0.25x | 3.32x | €6.22 Billion |
| 2014 | 14.33% | 16.88% | 0.25x | 3.43x | €4.58 Billion |
| 2015 | 15.31% | 17.03% | 0.26x | 3.44x | €6.14 Billion |
| 2016 | 16.75% | 17.84% | 0.26x | 3.67x | €7.04 Billion |
| 2017 | 16.09% | 19.41% | 0.21x | 4.02x | €7.28 Billion |
| 2018 | 17.11% | 20.24% | 0.18x | 4.57x | €10.19 Billion |
| 2019 | 15.78% | 19.60% | 0.19x | 4.15x | €10.60 Billion |
| 2020 | 14.76% | 16.72% | 0.21x | 4.27x | €9.68 Billion |
| 2021 | 14.30% | 15.28% | 0.22x | 4.19x | €9.75 Billion |
| 2022 | 11.51% | 13.57% | 0.19x | 4.43x | €3.69 Billion |
| 2023 | 11.84% | 12.49% | 0.21x | 4.50x | €4.88 Billion |
| 2024 | 9.39% | 9.17% | 0.25x | 4.14x | €-1.67 Billion |
Industry Comparison
This section compares China Resources Land Limited's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $1,443,117,399,015
- Average return on equity (ROE) among peers: -8.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China Resources Land Limited (CHZ) | €410.41 Billion | 17.33% | 1.80x | $22.39 Billion |
| CK Asset Holdings Limited (1CK) | $400.20 Billion | 3.48% | 0.25x | $17.68 Billion |
| RONSHINE CH.HLD.HD-00001 (1R7) | $52.28 Billion | 2.48% | 3.69x | $19.02 Million |
| AGUNG PODOMORO (2AG.SG) (2AG) | $13.78 Trillion | 4.60% | 0.89x | $13.27 Million |
| Pruksa Holding Public Company Limited (2PR3) | $43.79 Billion | 6.33% | 0.79x | $181.69 Million |
| Zhong An Group Limited (35Z) | $10.52 Billion | 6.06% | 1.87x | $32.94 Million |
| China Jinmao Holdings Group Limited (3F5) | $56.33 Billion | 9.40% | 1.45x | $2.37 Billion |
| Sino-Ocean Group Holding Limited (3SD) | $76.45 Billion | 3.57% | 2.68x | $158.20 Million |
| HUIJING HLDG.CO.LTD HD-01 (3XU) | $525.42 Million | -132.60% | 18.83x | $5.25 Million |
| ZHONGLIANG HLDG HD-01 (3ZH) | $35.48 Billion | 7.62% | 6.53x | $8.69 Million |
| China Aoyuan Group Limited (47C) | $-28.08 Billion | 0.00% | 0.00x | $27.52 Million |
About China Resources Land Limited
China Resources Land Limited, an investment holding company, engages in the investment, development, management, and sale of properties in the People's Republic of China. The company operates through four segments: Development Property Business, Investment Property Business, Asset-light Management Business, and Eco-system Elementary Business. It engages in development and sale of residential prop… Read more