Shenzhen Zhenye Group Co Ltd
Shenzhen Zhenye (Group) Co.,Ltd. engages in the development, management, and rental of real estate properties in China. The company develops villas, ordinary houses, apartments, office buildings, and commercial complexes. Shenzhen Zhenye (Group) Co.,Ltd. was incorporated in 1989 and is based in Shenzhen, China.
Shenzhen Zhenye Group Co Ltd (000006) - Net Assets
Latest net assets as of September 2025: CN¥6.18 Billion CNY
Based on the latest financial reports, Shenzhen Zhenye Group Co Ltd (000006) has net assets worth CN¥6.18 Billion CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥17.27 Billion) and total liabilities (CN¥11.09 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 | CN¥6.18 Billion |
| % of Total Assets | 35.78% |
| Annual Growth Rate | 19.53% |
| 5-Year Change | -27.4% |
| 10-Year Change | 26.6% |
| Growth Volatility | 66.73 |
Shenzhen Zhenye Group Co Ltd - Net Assets Trend (1990–2024)
This chart illustrates how Shenzhen Zhenye Group Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Shenzhen Zhenye Group Co Ltd (1990–2024)
The table below shows the annual net assets of Shenzhen Zhenye Group Co Ltd from 1990 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥5.69 Billion | -23.53% |
| 2023-12-31 | CN¥7.44 Billion | -12.13% |
| 2022-12-31 | CN¥8.47 Billion | +3.48% |
| 2021-12-31 | CN¥8.18 Billion | +4.42% |
| 2020-12-31 | CN¥7.84 Billion | +9.31% |
| 2019-12-31 | CN¥7.17 Billion | +12.28% |
| 2018-12-31 | CN¥6.39 Billion | +11.89% |
| 2017-12-31 | CN¥5.71 Billion | +11.26% |
| 2016-12-31 | CN¥5.13 Billion | +14.12% |
| 2015-12-31 | CN¥4.50 Billion | +6.66% |
| 2014-12-31 | CN¥4.21 Billion | +0.66% |
| 2013-12-31 | CN¥4.19 Billion | +17.98% |
| 2012-12-31 | CN¥3.55 Billion | +22.85% |
| 2011-12-31 | CN¥2.89 Billion | +12.92% |
| 2010-12-31 | CN¥2.56 Billion | +16.71% |
| 2009-12-31 | CN¥2.19 Billion | +30.65% |
| 2008-12-31 | CN¥1.68 Billion | -6.60% |
| 2007-12-31 | CN¥1.80 Billion | +36.60% |
| 2006-12-31 | CN¥1.31 Billion | +17.61% |
| 2005-12-31 | CN¥1.12 Billion | -0.02% |
| 2004-12-31 | CN¥1.12 Billion | +6.01% |
| 2003-12-31 | CN¥1.05 Billion | -15.84% |
| 2002-12-31 | CN¥1.25 Billion | -4.54% |
| 2001-12-31 | CN¥1.31 Billion | +3.88% |
| 2000-12-31 | CN¥1.26 Billion | +6.50% |
| 1999-12-31 | CN¥1.19 Billion | -4.17% |
| 1998-12-31 | CN¥1.24 Billion | +8.19% |
| 1997-12-31 | CN¥1.14 Billion | +150.11% |
| 1996-12-31 | CN¥457.67 Million | +6.55% |
| 1995-12-31 | CN¥429.54 Million | +23.48% |
| 1994-12-31 | CN¥347.86 Million | +18.32% |
| 1993-12-31 | CN¥294.00 Million | +216.84% |
| 1992-12-31 | CN¥92.79 Million | +69.64% |
| 1991-12-31 | CN¥54.70 Million | +314.37% |
| 1990-12-31 | CN¥13.20 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Zhenye Group Co Ltd'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 139119368300.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.39 Billion | 25.74% |
| Common Stock | CN¥1.35 Billion | 24.98% |
| Other Comprehensive Income | CN¥2.20 Billion | 40.78% |
| Other Components | CN¥458.72 Million | 8.49% |
| Total Equity | CN¥5.40 Billion | 100.00% |
Shenzhen Zhenye Group Co Ltd Competitors by Market Cap
The table below lists competitors of Shenzhen Zhenye Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ramaco Resources, Inc. 8.375% Senior Notes due 2029
NASDAQ:METCZ
|
$1.04 Billion |
|
Suzhou Hengmingda Electronic Technology Co Ltd
SHE:002947
|
$1.04 Billion |
|
YUEXIU PPTY CO.LTD.
F:GUZA
|
$1.04 Billion |
|
Societatea Nationala de Gaze Naturale Romgaz SA GDR (Sponsored) Reg S
PINK:SLTQY
|
$1.04 Billion |
|
Guangdong Yizumi Precision Machinery Co Ltd
SHE:300415
|
$1.04 Billion |
|
Helix Energy Solutions Group Inc
NYSE:HLX
|
$1.04 Billion |
|
OEM INTERN.(POST SPLIT) B
F:OEA1
|
$1.04 Billion |
|
Amplifon S.p.A.
LSE:0N61
|
$1.04 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Zhenye Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,972,141,077 to 5,403,775,698, a change of -1,568,365,379 (-22.5%).
- Net loss of 1,568,365,376 reduced equity.
- Dividend payments of 215,243,946 reduced retained earnings.
- Other factors increased equity by 215,243,943.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-1.57 Billion | -29.02% |
| Dividends Paid | CN¥215.24 Million | -3.98% |
| Other Changes | CN¥215.24 Million | +3.98% |
| Total Change | CN¥- | -22.49% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Zhenye Group Co Ltd'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: 2.26x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 922.17x to 2.26x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1990-12-31 | CN¥0.01 | CN¥9.05 | x |
| 1991-12-31 | CN¥0.04 | CN¥9.05 | x |
| 1992-12-31 | CN¥0.07 | CN¥9.05 | x |
| 1993-12-31 | CN¥0.22 | CN¥9.05 | x |
| 1994-12-31 | CN¥0.26 | CN¥9.05 | x |
| 1995-12-31 | CN¥0.32 | CN¥9.05 | x |
| 1996-12-31 | CN¥0.34 | CN¥9.05 | x |
| 1997-12-31 | CN¥0.77 | CN¥9.05 | x |
| 1998-12-31 | CN¥0.82 | CN¥9.05 | x |
| 1999-12-31 | CN¥0.79 | CN¥9.05 | x |
| 2000-12-31 | CN¥0.83 | CN¥9.05 | x |
| 2001-12-31 | CN¥0.87 | CN¥9.05 | x |
| 2002-12-31 | CN¥0.83 | CN¥9.05 | x |
| 2003-12-31 | CN¥0.69 | CN¥9.05 | x |
| 2004-12-31 | CN¥0.74 | CN¥9.05 | x |
| 2005-12-31 | CN¥0.81 | CN¥9.05 | x |
| 2006-12-31 | CN¥0.93 | CN¥9.05 | x |
| 2007-12-31 | CN¥1.27 | CN¥9.05 | x |
| 2008-12-31 | CN¥1.20 | CN¥9.05 | x |
| 2009-12-31 | CN¥1.56 | CN¥9.05 | x |
| 2010-12-31 | CN¥1.82 | CN¥9.05 | x |
| 2011-12-31 | CN¥2.07 | CN¥9.05 | x |
| 2012-12-31 | CN¥2.56 | CN¥9.05 | x |
| 2013-12-31 | CN¥3.03 | CN¥9.05 | x |
| 2014-12-31 | CN¥3.06 | CN¥9.05 | x |
| 2015-12-31 | CN¥3.25 | CN¥9.05 | x |
| 2016-12-31 | CN¥3.71 | CN¥9.05 | x |
| 2017-12-31 | CN¥4.12 | CN¥9.05 | x |
| 2018-12-31 | CN¥4.59 | CN¥9.05 | x |
| 2019-12-31 | CN¥4.99 | CN¥9.05 | x |
| 2020-12-31 | CN¥5.46 | CN¥9.05 | x |
| 2021-12-31 | CN¥5.66 | CN¥9.05 | x |
| 2022-12-31 | CN¥5.85 | CN¥9.05 | x |
| 2023-12-31 | CN¥5.16 | CN¥9.05 | x |
| 2024-12-31 | CN¥4.00 | CN¥9.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Zhenye Group Co Ltd 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): -29.02%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -25.86%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 3.19x
- Recent ROE (-29.02%) is below the historical average (12.09%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1990 | 51.68% | 21.45% | 0.32x | 7.55x | CN¥5.50 Million |
| 1991 | 34.36% | 22.42% | 0.70x | 2.19x | CN¥13.32 Million |
| 1992 | 48.78% | 41.66% | 0.47x | 2.48x | CN¥35.83 Million |
| 1993 | 23.64% | 45.94% | 0.27x | 1.89x | CN¥40.03 Million |
| 1994 | 16.58% | 42.44% | 0.27x | 1.44x | CN¥22.90 Million |
| 1995 | 10.56% | 41.18% | 0.16x | 1.61x | CN¥2.39 Million |
| 1996 | 15.36% | 37.96% | 0.24x | 1.70x | CN¥24.55 Million |
| 1997 | 11.39% | 9.01% | 0.45x | 2.81x | CN¥14.30 Million |
| 1998 | 11.02% | 7.43% | 0.48x | 3.08x | CN¥11.22 Million |
| 1999 | 8.45% | 4.79% | 0.53x | 3.30x | CN¥-16.40 Million |
| 2000 | 10.49% | 6.25% | 0.50x | 3.37x | CN¥5.49 Million |
| 2001 | 9.56% | 5.54% | 0.48x | 3.58x | CN¥-5.16 Million |
| 2002 | -0.66% | -0.35% | 0.47x | 3.96x | CN¥-118.32 Million |
| 2003 | -31.49% | -14.68% | 0.50x | 4.27x | CN¥-384.78 Million |
| 2004 | 5.42% | 2.86% | 0.47x | 4.05x | CN¥-45.33 Million |
| 2005 | 10.12% | 7.70% | 0.56x | 2.33x | CN¥1.28 Million |
| 2006 | 17.13% | 17.24% | 0.43x | 2.30x | CN¥90.04 Million |
| 2007 | 14.66% | 24.63% | 0.18x | 3.24x | CN¥80.16 Million |
| 2008 | 9.38% | 14.70% | 0.17x | 3.70x | CN¥-9.98 Million |
| 2009 | 15.48% | 17.65% | 0.25x | 3.45x | CN¥115.57 Million |
| 2010 | 19.58% | 20.59% | 0.27x | 3.48x | CN¥235.67 Million |
| 2011 | 15.51% | 16.76% | 0.31x | 2.97x | CN¥154.10 Million |
| 2012 | 17.86% | 20.06% | 0.33x | 2.70x | CN¥271.59 Million |
| 2013 | 17.01% | 15.10% | 0.46x | 2.44x | CN¥286.79 Million |
| 2014 | 12.29% | 21.82% | 0.20x | 2.84x | CN¥94.59 Million |
| 2015 | 9.49% | 11.40% | 0.29x | 2.89x | CN¥-22.56 Million |
| 2016 | 15.56% | 23.18% | 0.26x | 2.63x | CN¥278.07 Million |
| 2017 | 14.47% | 27.22% | 0.23x | 2.36x | CN¥248.86 Million |
| 2018 | 14.11% | 34.80% | 0.19x | 2.18x | CN¥254.48 Million |
| 2019 | 11.89% | 21.47% | 0.24x | 2.34x | CN¥127.60 Million |
| 2020 | 11.74% | 29.46% | 0.19x | 2.10x | CN¥128.20 Million |
| 2021 | 7.09% | 17.54% | 0.13x | 3.09x | CN¥-222.87 Million |
| 2022 | 5.31% | 11.34% | 0.14x | 3.34x | CN¥-370.57 Million |
| 2023 | -11.51% | -28.56% | 0.11x | 3.72x | CN¥-1.50 Billion |
| 2024 | -29.02% | -25.86% | 0.35x | 3.19x | CN¥-2.11 Billion |
Industry Comparison
This section compares Shenzhen Zhenye Group Co Ltd's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $10,769,042,668
- Average return on equity (ROE) among peers: 5.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Zhenye Group Co Ltd (000006) | CN¥6.18 Billion | 51.68% | 1.79x | $1.04 Billion |
| China Vanke Co Ltd Class A (000002) | $2.15 Billion | 10.68% | 1.09x | $5.28 Billion |
| Shahe Industry Co Ltd (000014) | $605.85 Million | 8.96% | 1.98x | $312.36 Million |
| Grandjoy Holdings Group Co Ltd (000031) | $52.09 Billion | 0.21% | 3.08x | $571.80 Million |
| China Union Holdings Ltd (000036) | $2.68 Billion | 2.58% | 1.41x | $356.29 Million |
| Shenzhen Centralcon Investment Holding Co Ltd (000042) | $1.74 Billion | 0.39% | 2.19x | $315.70 Million |
| Shenzhen Wongtee International Enterprise Co Ltd (000056) | $5.55 Billion | 0.90% | 1.24x | $213.53 Million |
| Financial Street Holdings Co Ltd (000402) | $31.13 Billion | 9.01% | 2.62x | $785.44 Million |
| Chongqing Yukaifa Co Ltd (000514) | $147.43 Million | 10.06% | 0.84x | $208.71 Million |
| Rongan Property Co Ltd (000517) | $819.92 Million | 2.19% | 0.80x | $214.19 Million |