China Evergrande Group
China Evergrande Group, an investment holding company, primarily engages in the property development business in the People's Republic of China. It operates through Property Development, Property Investment, Property Management Services, and Other Businesses segments. The company offers property development, investment, and management services; and engages in new energy vehicle, cultural tourism,… Read more
China Evergrande Group (EV1) - Net Assets
Latest net assets as of June 2023: €-644.20 Billion EUR
Based on the latest financial reports, China Evergrande Group (EV1) has net assets worth €-644.20 Billion EUR as of June 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€1.74 Trillion) and total liabilities (€2.39 Trillion). 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 | €-644.20 Billion |
| % of Total Assets | -36.94% |
| Annual Growth Rate | N/A |
| 5-Year Change | -294.11% |
| 10-Year Change | N/A |
| Growth Volatility | 86.66 |
China Evergrande Group - Net Assets Trend (2013–2022)
This chart illustrates how China Evergrande Group'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 Evergrande Group (2013–2022)
The table below shows the annual net assets of China Evergrande Group from 2013 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | €-599.07 Billion | -26.64% |
| 2021-12-31 | €-473.05 Billion | -234.99% |
| 2020-12-31 | €350.43 Billion | -2.26% |
| 2019-12-31 | €358.54 Billion | +16.17% |
| 2018-12-31 | €308.63 Billion | +27.42% |
| 2017-12-31 | €242.21 Billion | +25.80% |
| 2016-12-31 | €192.53 Billion | +35.45% |
| 2015-12-31 | €142.14 Billion | +26.49% |
| 2014-12-31 | €112.38 Billion | +41.64% |
| 2013-12-31 | €79.34 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to China Evergrande Group'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 1511.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | €930.00 Million | % |
| Other Components | €105.51 Billion | % |
| Total Equity | €-499.47 Billion | 100.00% |
China Evergrande Group Competitors by Market Cap
The table below lists competitors of China Evergrande Group ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Vizsla Royalties Corp.
V:VROY
|
$116.54 Million |
|
ATRYS HEALTH S.A. EO-01
F:A2T
|
$116.57 Million |
|
Sangoma Technologies Corp
NASDAQ:SANG
|
$116.58 Million |
|
Fonciere Inea
PA:INEA
|
$116.59 Million |
|
Kuo Yang Construction Co Ltd
TW:2505
|
$116.40 Million |
|
CTT Systems AB
ST:CTT
|
$116.33 Million |
|
Unicycive Therapeutics Inc
NASDAQ:UNCY
|
$116.32 Million |
|
GZ4
F:GZ4
|
$116.32 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China Evergrande Group's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from -391,334,000,000 to -499,470,000,000, a change of -108,136,000,000.
- Net loss of 105,914,000,000 reduced equity.
- Other factors decreased equity by 2,222,000,000.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-105.91 Billion | -21.21% |
| Other Changes | €-2.22 Billion | -0.44% |
| Total Change | €- | % |
Book Value vs Market Value Analysis
This analysis compares China Evergrande Group'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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €8.72 | €0.03 | x |
| 2018-12-31 | €10.14 | €0.03 | x |
| 2019-12-31 | €11.02 | €0.03 | x |
| 2020-12-31 | €11.10 | €0.03 | x |
| 2021-12-31 | €-29.64 | €0.03 | x |
| 2022-12-31 | €-37.83 | €0.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China Evergrande Group 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -46.04%
- • Asset Turnover: 0.13x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (12.33%), 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 | 18.02% | 14.16% | 0.27x | 4.73x | €5.91 Billion |
| 2014 | 16.30% | 15.21% | 0.23x | 4.56x | €6.55 Billion |
| 2015 | 12.27% | 11.68% | 0.18x | 5.97x | €2.87 Billion |
| 2016 | 10.01% | 7.44% | 0.16x | 8.59x | €18.60 Million |
| 2017 | 21.24% | 7.84% | 0.18x | 15.35x | €12.89 Billion |
| 2018 | 28.11% | 8.02% | 0.25x | 14.14x | €24.09 Billion |
| 2019 | 11.86% | 3.62% | 0.22x | 15.14x | €2.71 Billion |
| 2020 | 5.50% | 1.59% | 0.22x | 15.66x | €-6.61 Billion |
| 2021 | 0.00% | -190.40% | 0.12x | 0.00x | €-436.90 Billion |
| 2022 | 0.00% | -46.04% | 0.13x | 0.00x | €-55.97 Billion |
Industry Comparison
This section compares China Evergrande Group's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $1,150,334,698,800
- Average return on equity (ROE) among peers: -10.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China Evergrande Group (EV1) | €-644.20 Billion | 18.02% | N/A | $116.41 Million |
| AGUNG PODOMORO (2AG.SG) (2AG) | $11.36 Trillion | -1.20% | 1.68x | $1.33 Million |
| Zhong An Group Limited (35Z) | $7.55 Billion | 5.57% | 1.92x | $17.05 Million |
| Cham Swiss Properties AG (4U3) | $349.67 Million | 1.98% | 0.29x | $848.13 Million |
| CIFI Holdings (Group) Co. Ltd (6CI) | $86.18 Billion | -15.02% | 3.48x | $26.44 Million |
| Agile Group Holdings Limited (A8P) | $44.18 Billion | 14.71% | 2.70x | $45.46 Million |
| Arco Vara AS (AV1) | $17.96 Million | 11.53% | 0.75x | $6.48 Million |
| Bukit Sembawang Estates Limited (B1W1) | $1.23 Billion | 9.03% | 0.08x | $456.38 Million |
| Coastal Greenland Limited (CGR0) | $2.80 Billion | -15.22% | 1.42x | $4.47 Million |
| China Changbaishan International Holdings Limited (CL70) | $44.54 Million | -127.88% | 45.52x | $14.69 Million |
| Cheuk Nang (Holdings) Limited (CQH3) | $5.77 Billion | 7.64% | 0.54x | $21.64 Million |