Parkson Retail Group Limited (P5IB) - Net Assets
Based on the latest financial reports, Parkson Retail Group Limited (P5IB) has net assets worth €3.14 Billion EUR (≈ $3.67 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 (€11.04 Billion ≈ $12.90 Billion USD) and total liabilities (€7.90 Billion ≈ $9.23 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 P5IB financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €3.14 Billion |
| % of Total Assets | 28.45% |
| Annual Growth Rate | -5.39% |
| 5-Year Change | -26.52% |
| 10-Year Change | -38.74% |
| Growth Volatility | 4.32 |
Parkson Retail Group Limited - Net Assets Trend (2013–2024)
This chart illustrates how Parkson Retail Group Limited's net assets have evolved over time, based on quarterly financial data. Also explore P5IB total assets for the complete picture of this company's asset base.
Annual Net Assets for Parkson Retail Group Limited (2013–2024)
The table below shows the annual net assets of Parkson Retail Group Limited from 2013 to 2024. For live valuation and market cap data, see Parkson Retail Group Limited market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €3.09 Billion ≈ $3.61 Billion |
-6.94% |
| 2023-12-31 | €3.32 Billion ≈ $3.88 Billion |
-3.84% |
| 2022-12-31 | €3.45 Billion ≈ $4.03 Billion |
-14.97% |
| 2021-12-31 | €4.06 Billion ≈ $4.74 Billion |
-3.44% |
| 2020-12-31 | €4.20 Billion ≈ $4.91 Billion |
-3.34% |
| 2019-12-31 | €4.35 Billion ≈ $5.08 Billion |
-6.02% |
| 2018-12-31 | €4.62 Billion ≈ $5.41 Billion |
-5.98% |
| 2017-12-31 | €4.92 Billion ≈ $5.75 Billion |
+0.89% |
| 2016-12-31 | €4.88 Billion ≈ $5.70 Billion |
-3.24% |
| 2015-12-31 | €5.04 Billion ≈ $5.89 Billion |
-10.95% |
| 2014-12-31 | €5.66 Billion ≈ $6.62 Billion |
-0.41% |
| 2013-12-31 | €5.68 Billion ≈ $6.64 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Parkson Retail Group 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 decreased by 43.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €2.98 Billion | 98.82% |
| Other Components | €35.45 Million | 1.18% |
| Total Equity | €3.02 Billion | 100.00% |
Parkson Retail Group Limited Competitors by Market Cap
The table below lists competitors of Parkson Retail Group Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
IT Link
PA:ALITL
|
$30.81 Million |
|
HLscience Co. Ltd
KQ:239610
|
$30.82 Million |
|
NTG Clarity Networks Inc.
V:NCI
|
$30.83 Million |
|
GRITEE Inc
KQ:204020
|
$30.84 Million |
|
Commerce Resources Corp.
V:CCE
|
$30.80 Million |
|
Big Camera Corporation Public Company Limited
BK:BIG
|
$30.80 Million |
|
BCWORLD PHARM. Co. Ltd
KQ:200780
|
$30.80 Million |
|
Italy Innovazioni SpA
PA:MLITN
|
$30.78 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Parkson Retail Group Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,244,942,000 to 3,015,374,000, a change of -229,568,000 (-7.1%).
- Net loss of 174,759,000 reduced equity.
- Dividend payments of 52,690,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-174.76 Million | -5.8% |
| Dividends Paid | €52.69 Million | -1.75% |
| Other Changes | €-2.12 Million | -0.07% |
| Total Change | €- | -7.07% |
Book Value vs Market Value Analysis
This analysis compares Parkson Retail Group 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: 0.01x
- 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 | €1.85 | €0.01 | x |
| 2018-12-31 | €1.71 | €0.01 | x |
| 2019-12-31 | €1.61 | €0.01 | x |
| 2020-12-31 | €1.56 | €0.01 | x |
| 2021-12-31 | €1.51 | €0.01 | x |
| 2022-12-31 | €1.28 | €0.01 | x |
| 2023-12-31 | €1.23 | €0.01 | x |
| 2024-12-31 | €1.14 | €0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Parkson Retail Group 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): -5.80%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.40%
- • Asset Turnover: 0.28x
- • Equity Multiplier: 3.77x
- Recent ROE (-5.80%) is below the historical average (-2.20%), 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 | 6.32% | 6.93% | 0.37x | 2.45x | €-206.07 Million |
| 2014 | 4.21% | 4.70% | 0.36x | 2.49x | €-323.66 Million |
| 2015 | -3.74% | -3.93% | 0.36x | 2.66x | €-683.38 Million |
| 2016 | 3.05% | 3.56% | 0.31x | 2.73x | €-334.85 Million |
| 2017 | -2.79% | -3.23% | 0.32x | 2.66x | €-623.35 Million |
| 2018 | -1.76% | -1.81% | 0.35x | 2.79x | €-530.28 Million |
| 2019 | -5.27% | -4.88% | 0.29x | 3.67x | €-645.82 Million |
| 2020 | -6.07% | -6.24% | 0.28x | 3.50x | €-662.38 Million |
| 2021 | -4.42% | -4.20% | 0.34x | 3.09x | €-574.37 Million |
| 2022 | -12.22% | -12.52% | 0.28x | 3.43x | €-751.25 Million |
| 2023 | 2.05% | 1.82% | 0.33x | 3.41x | €-258.08 Million |
| 2024 | -5.80% | -5.40% | 0.28x | 3.77x | €-476.30 Million |
Industry Comparison
This section compares Parkson Retail Group Limited's net assets metrics with peer companies in the Department Stores industry.
Industry Context
- Industry: Department Stores
- Average net assets among peers: $10,351,770,833
- Average return on equity (ROE) among peers: -2.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Parkson Retail Group Limited (P5IB) | €3.14 Billion | 6.32% | 2.51x | $30.80 Million |
| Maoye International Holdings Limited (5MIA) | $16.34 Billion | 1.40% | 2.07x | $46.26 Million |
| Companhia Brasileira de Distribuição (C1B2) | $16.38 Billion | 4.90% | 2.02x | $287.63 Million |
| LUDWIG BECK am Rathauseck - Textilhaus Feldmeier AG (ECK) | $44.27 Million | 0.94% | 1.56x | $65.86 Million |
| Lianhua Supermarket Holdings Co. Ltd (LSJ) | $1.25 Billion | -33.70% | 17.20x | $7.19 Million |
| Sun Art Retail Group Limited (SRI) | $27.85 Billion | 0.00% | 1.49x | $1.70 Billion |
| Tallinna Kaubamaja Grupp AS (UE8) | $239.87 Million | 13.35% | 1.65x | $378.88 Million |
About Parkson Retail Group Limited
Parkson Retail Group Limited, an investment holding company, operates as a lifestyle retail operator in the People's Republic of China. The company operates and manages department stores, shopping malls, city outlets, concept stores, and supermarkets. It offers fashion and lifestyle related merchandise focusing on four categories, including fashion and apparel, cosmetics and accessories, househol… Read more