CHINA RES.LAND UNS.ADR/10 (CHZ0) - Net Assets
Based on the latest financial reports, CHINA RES.LAND UNS.ADR/10 (CHZ0) has net assets worth €419.32 Billion EUR (≈ $490.22 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€1.08 Trillion ≈ $1.26 Trillion USD) and total liabilities (€659.38 Billion ≈ $770.89 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 CHINA RES.LAND UNS.ADR/10 (CHZ0) tangible net worth to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €419.32 Billion |
| % of Total Assets | 38.87% |
| Annual Growth Rate | 9.46% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 5.43 |
CHINA RES.LAND UNS.ADR/10 - Net Assets Trend (2021–2025)
This chart illustrates how CHINA RES.LAND UNS.ADR/10's net assets have evolved over time, based on quarterly financial data. See CHINA RES.LAND UNS.ADR/10 defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for CHINA RES.LAND UNS.ADR/10 (2021–2025)
The table below shows the annual net assets of CHINA RES.LAND UNS.ADR/10 from 2021 to 2025. For live valuation and market cap data, see market value of CHINA RES.LAND UNS.ADR/10.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €419.32 Billion ≈ $490.22 Billion |
+5.69% |
| 2024-12-31 | €396.74 Billion ≈ $463.83 Billion |
+3.28% |
| 2023-12-31 | €384.15 Billion ≈ $449.11 Billion |
+12.42% |
| 2022-12-31 | €341.71 Billion ≈ $399.49 Billion |
+16.99% |
| 2021-12-31 | €292.08 Billion ≈ $341.47 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to CHINA RES.LAND UNS.ADR/10'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 35.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €207.24 Billion | 71.59% |
| Other Components | €82.25 Billion | 28.41% |
| Total Equity | €289.48 Billion | 100.00% |
CHINA RES.LAND UNS.ADR/10 Competitors by Market Cap
The table below lists competitors of CHINA RES.LAND UNS.ADR/10 ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Coles Group Ltd
AU:COL
|
$22.27 Billion |
|
AVIVA PLC SPONS.ADR/2
F:GU80
|
$22.30 Billion |
|
Hangzhou Chang Chuan Technology Co Ltd
SHE:300604
|
$22.32 Billion |
|
CH Robinson Worldwide Inc
NASDAQ:CHRW
|
$22.33 Billion |
|
Telefonica
MC:TEF
|
$22.24 Billion |
|
First Citizens BancShares, Inc.
NASDAQ:FCNCA
|
$22.23 Billion |
|
Hexagon AB (publ)
ST:HEXA-B
|
$22.22 Billion |
|
NiSource Inc
NYSE:NI
|
$22.21 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CHINA RES.LAND UNS.ADR/10's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 272,507,348,000 to 289,483,727,000, a change of 16,976,379,000 (6.2%).
- Net income of 25,417,534,000 contributed positively to equity growth.
- Dividend payments of 9,389,662,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €25.42 Billion | +8.78% |
| Dividends Paid | €9.39 Billion | -3.24% |
| Other Changes | €948.51 Million | +0.33% |
| Total Change | €- | 6.23% |
Book Value vs Market Value Analysis
This analysis compares CHINA RES.LAND UNS.ADR/10'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: 0.84x
- 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 1.08x to 0.84x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | €31.77 | €34.20 | x |
| 2022-12-31 | €34.22 | €34.20 | x |
| 2023-12-31 | €37.14 | €34.20 | x |
| 2024-12-31 | €38.21 | €34.20 | x |
| 2025-12-31 | €40.60 | €34.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CHINA RES.LAND UNS.ADR/10 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): 8.78%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.03%
- • Asset Turnover: 0.26x
- • Equity Multiplier: 3.73x
- Recent ROE (8.78%) is below the historical average (11.16%), 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 | 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 | 9.37% | 9.15% | 0.25x | 4.14x | €-1.72 Billion |
| 2025 | 8.78% | 9.03% | 0.26x | 3.73x | €-3.53 Billion |
Industry Comparison
This section compares CHINA RES.LAND UNS.ADR/10's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $35,040,166,076
- Average return on equity (ROE) among peers: -54.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CHINA RES.LAND UNS.ADR/10 (CHZ0) | €419.32 Billion | 14.30% | 1.57x | $22.25 Billion |
| REDSUN PROPERTIES GROUP (0RJ) | $23.80 Billion | -16.31% | 3.27x | $3.34 Million |
| CHINA VANKE CO.LTD H YC 1 (18V) | $235.86 Billion | -37.55% | 3.33x | $681.03 Million |
| ABITARE IN S.P.A. (1BN) | $96.01 Million | 8.22% | 3.00x | $65.18 Million |
| RONSHINE CH.HLD.HD-00001 (1R7) | $6.87 Billion | -174.60% | 13.49x | $15.74 Million |
| Pruksa Holding Public Company Limited (2PR3) | $38.66 Billion | 14.11% | 0.87x | $181.69 Million |
| Zhong An Group Limited (35Z) | $10.52 Billion | 6.06% | 1.87x | $32.78 Million |
| Sino-Ocean Group Holding Limited (3SD) | $1.90 Billion | 355.79% | 78.50x | $111.59 Million |
| BARKBY GRP PLC LS 000860 (3WY) | $823.00K | -512.03% | 26.44x | $125.67 Million |
| HUIJING HLDG.CO.LTD HD-01 (3XU) | $1.32 Billion | -186.00% | 8.26x | $7.88 Million |
| ZHONGLIANG HLDG HD-01 (3ZH) | $31.37 Billion | -4.29% | 6.58x | $10.40 Million |
About CHINA RES.LAND UNS.ADR/10
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