Greenland Hong Kong Holdings Limited (QFRA) - Net Assets
Based on the latest financial reports, Greenland Hong Kong Holdings Limited (QFRA) has net assets worth €14.65 Billion EUR (≈ $17.12 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 (€108.42 Billion ≈ $126.75 Billion USD) and total liabilities (€93.77 Billion ≈ $109.63 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 Greenland Hong Kong Holdings Limited tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €14.65 Billion |
| % of Total Assets | 13.51% |
| Annual Growth Rate | 6.66% |
| 5-Year Change | -37.95% |
| 10-Year Change | 50.63% |
| Growth Volatility | 17.22 |
Greenland Hong Kong Holdings Limited - Net Assets Trend (2015–2025)
This chart illustrates how Greenland Hong Kong Holdings Limited's net assets have evolved over time, based on quarterly financial data. See Greenland Hong Kong Holdings Limited (QFRA) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Greenland Hong Kong Holdings Limited (2015–2025)
The table below shows the annual net assets of Greenland Hong Kong Holdings Limited from 2015 to 2025. For live valuation and market cap data, see QFRA market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €14.65 Billion ≈ $17.12 Billion |
-14.60% |
| 2024-12-31 | €17.15 Billion ≈ $20.05 Billion |
-14.49% |
| 2023-12-31 | €20.06 Billion ≈ $23.45 Billion |
-13.59% |
| 2022-12-31 | €23.21 Billion ≈ $27.14 Billion |
-1.66% |
| 2021-12-31 | €23.60 Billion ≈ $27.59 Billion |
+6.60% |
| 2020-12-31 | €22.14 Billion ≈ $25.89 Billion |
+33.45% |
| 2019-12-31 | €16.59 Billion ≈ $19.40 Billion |
+18.98% |
| 2018-12-31 | €13.94 Billion ≈ $16.30 Billion |
+20.37% |
| 2017-12-31 | €11.58 Billion ≈ $13.54 Billion |
+19.14% |
| 2016-12-31 | €9.72 Billion ≈ $11.37 Billion |
+26.48% |
| 2015-12-31 | €7.69 Billion ≈ $8.99 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Greenland Hong Kong Holdings 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 24.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €2.42 Billion | 26.72% |
| Other Components | €6.63 Billion | 73.28% |
| Total Equity | €9.04 Billion | 100.00% |
Greenland Hong Kong Holdings Limited Competitors by Market Cap
The table below lists competitors of Greenland Hong Kong Holdings Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
374Water Inc. Common Stock
NASDAQ:SCWO
|
$37.23 Million |
|
Agrometal S.A.I.
BA:AGRO
|
$37.25 Million |
|
Electromagnetica SA
RO:ELMA
|
$37.26 Million |
|
HYUNDAI BIOLAND Co.Ltd
KQ:052260
|
$37.26 Million |
|
Greenland Mines Ltd
NASDAQ:GRML
|
$37.22 Million |
|
Century Lithium Corp.
V:LCE
|
$37.22 Million |
|
Virtualware 2007 S.A.
PA:MLVIR
|
$37.22 Million |
|
Saeron Auto
KO:075180
|
$37.21 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Greenland Hong Kong Holdings Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 11,194,792,000 to 9,040,166,000, a change of -2,154,626,000 (-19.2%).
- Net loss of 2,194,290,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-2.19 Billion | -24.27% |
| Other Changes | €39.66 Million | +0.44% |
| Total Change | €- | -19.25% |
Book Value vs Market Value Analysis
This analysis compares Greenland Hong Kong Holdings 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: 0.00x
- 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 | €3.56 | €0.01 | x |
| 2018-12-31 | €4.03 | €0.01 | x |
| 2019-12-31 | €4.74 | €0.01 | x |
| 2020-12-31 | €4.81 | €0.01 | x |
| 2021-12-31 | €5.36 | €0.01 | x |
| 2022-12-31 | €5.30 | €0.01 | x |
| 2023-12-31 | €4.69 | €0.01 | x |
| 2024-12-31 | €4.04 | €0.01 | x |
| 2025-12-31 | €3.26 | €0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Greenland Hong Kong Holdings 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): -24.27%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -17.81%
- • Asset Turnover: 0.11x
- • Equity Multiplier: 11.99x
- Recent ROE (-24.27%) is below the historical average (4.28%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 3.18% | 3.87% | 0.11x | 7.21x | €-472.70 Million |
| 2016 | 12.60% | 6.58% | 0.31x | 6.13x | €229.56 Million |
| 2017 | 13.38% | 9.02% | 0.21x | 6.97x | €333.40 Million |
| 2018 | 15.43% | 11.24% | 0.17x | 8.02x | €611.27 Million |
| 2019 | 19.03% | 14.27% | 0.18x | 7.49x | €1.20 Billion |
| 2020 | 19.77% | 7.87% | 0.20x | 12.28x | €1.31 Billion |
| 2021 | 14.81% | 6.53% | 0.20x | 11.29x | €718.65 Million |
| 2022 | 3.80% | 2.12% | 0.18x | 10.11x | €-917.47 Million |
| 2023 | -12.71% | -6.68% | 0.19x | 9.79x | €-2.98 Billion |
| 2024 | -17.90% | -13.12% | 0.13x | 10.23x | €-3.12 Billion |
| 2025 | -24.27% | -17.81% | 0.11x | 11.99x | €-3.10 Billion |
Industry Comparison
This section compares Greenland Hong Kong Holdings 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: $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 |
|---|---|---|---|---|
| Greenland Hong Kong Holdings Limited (QFRA) | €14.65 Billion | 3.18% | 6.40x | $37.23 Million |
| 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 Greenland Hong Kong Holdings Limited
Greenland Hong Kong Holdings Limited, an investment holding company, engages development for sale and rental of properties, and related services in the People's Republic of China. It operates in four segments: Sales of Properties; Lease of Properties; Hotel and Related Services; and Property Management and Other Services. The company develops and sells residential properties; leases commercial an… Read more