ShenZhen Special Economic Zone Real Estate & Properties Group Co Ltd

SHE:000029 China Real Estate - Diversified
Market Cap
$2.56 Billion
CN¥18.76 Billion CNY
Market Cap Rank
#6831 Global
#1101 in China
Share Price
CN¥21.04
Change (1 day)
+1.99%
52-Week Range
CN¥13.27 - CN¥33.58
All Time High
CN¥33.58
Categories
Companies in China Real Estate - Diversified
About

Shenzhen Special Economic Zone Real Estate & Properties (Group) Co., Ltd. develops and sells residential real estate properties in the People's Republic of China and the United States. It engages in the property leasing and management; sale of commercial housing units; retail and trade of commodities; hotel business; equipment installation and maintenance; commercial and office building rental; c… Read more

ShenZhen Special Economic Zone Real Estate & Properties Group Co Ltd (000029) - Net Assets

Latest net assets as of September 2025: CN¥3.55 Billion CNY

Based on the latest financial reports, ShenZhen Special Economic Zone Real Estate & Properties Group Co Ltd (000029) has net assets worth CN¥3.55 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¥5.21 Billion) and total liabilities (CN¥1.66 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¥3.55 Billion
% of Total Assets 68.06%
Annual Growth Rate 6.77%
5-Year Change -7.16%
10-Year Change 54.09%
Growth Volatility 31.85

ShenZhen Special Economic Zone Real Estate & Properties Group Co Ltd - Net Assets Trend (1991–2024)

This chart illustrates how ShenZhen Special Economic Zone Real Estate & Properties 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 Special Economic Zone Real Estate & Properties Group Co Ltd (1991–2024)

The table below shows the annual net assets of ShenZhen Special Economic Zone Real Estate & Properties Group Co Ltd from 1991 to 2024.

Year Net Assets Change
2024-12-31 CN¥3.40 Billion -10.08%
2023-12-31 CN¥3.78 Billion -11.91%
2022-12-31 CN¥4.29 Billion +1.40%
2021-12-31 CN¥4.23 Billion +15.59%
2020-12-31 CN¥3.66 Billion +3.75%
2019-12-31 CN¥3.52 Billion +10.13%
2018-12-31 CN¥3.20 Billion +18.54%
2017-12-31 CN¥2.70 Billion +7.32%
2016-12-31 CN¥2.52 Billion +14.18%
2015-12-31 CN¥2.20 Billion +8.38%
2014-12-31 CN¥2.03 Billion +17.18%
2013-12-31 CN¥1.74 Billion +15.12%
2012-12-31 CN¥1.51 Billion +7.63%
2011-12-31 CN¥1.40 Billion +7.73%
2010-12-31 CN¥1.30 Billion +6.92%
2009-12-31 CN¥1.22 Billion +1.55%
2008-12-31 CN¥1.20 Billion +1.33%
2007-12-31 CN¥1.18 Billion +9.74%
2006-12-31 CN¥1.08 Billion +3.63%
2005-12-31 CN¥1.04 Billion +5.21%
2004-12-31 CN¥987.39 Million -12.74%
2003-12-31 CN¥1.13 Billion +10.19%
2002-12-31 CN¥1.03 Billion +1.33%
2001-12-31 CN¥1.01 Billion -34.58%
2000-12-31 CN¥1.55 Billion +3.16%
1999-12-31 CN¥1.50 Billion +5.69%
1998-12-31 CN¥1.42 Billion -43.13%
1997-12-31 CN¥2.50 Billion +2.04%
1996-12-31 CN¥2.45 Billion -0.60%
1995-12-31 CN¥2.46 Billion +7.36%
1994-12-31 CN¥2.29 Billion +16.11%
1993-12-31 CN¥1.98 Billion +121.86%
1992-12-31 CN¥890.67 Million +127.66%
1991-12-31 CN¥391.23 Million --

Equity Component Analysis

This analysis shows how different components contribute to ShenZhen Special Economic Zone Real Estate & Properties 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 508.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥1.22 Billion 34.85%
Common Stock CN¥1.01 Billion 28.80%
Other Comprehensive Income CN¥719.13 Million 20.48%
Other Components CN¥557.43 Million 15.87%
Total Equity CN¥3.51 Billion 100.00%

ShenZhen Special Economic Zone Real Estate & Properties Group Co Ltd Competitors by Market Cap

The table below lists competitors of ShenZhen Special Economic Zone Real Estate & Properties Group Co Ltd ranked by their market capitalization.

Company Market Cap
Shenzhen Chipscreen Biosciences Co
SHG:688321
 		$1.13 Billion
S-1 Corp
KO:012750
 		$1.13 Billion
Vizsla Silver Corp.
TO:VZLA
 		$1.13 Billion
The Bank of East Asia Limited
PINK:BKEAF
 		$1.13 Billion
Poongsan
KO:103140
 		$1.13 Billion
Birchcliff Energy Ltd.
PINK:BIREF
 		$1.13 Billion
Parade Technologies Ltd
TWO:4966
 		$1.13 Billion
Ladder Capital Corp. Cl A
LSE:0JSZ
 		$1.13 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in ShenZhen Special Economic Zone Real Estate & Properties Group Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 3,691,082,484 to 3,512,112,493, a change of -178,969,991 (-4.8%).
  • Net loss of 176,710,947 reduced equity.
  • Dividend payments of 5,251,186 reduced retained earnings.
  • Other comprehensive income increased equity by 272,994,687.
  • Other factors decreased equity by 270,002,545.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-176.71 Million -5.03%
Dividends Paid CN¥5.25 Million -0.15%
Other Comprehensive Income CN¥272.99 Million +7.77%
Other Changes CN¥-270.00 Million -7.69%
Total Change CN¥- -4.85%

Book Value vs Market Value Analysis

This analysis compares ShenZhen Special Economic Zone Real Estate & Properties 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: 6.06x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 54.40x to 6.06x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1991-12-31 CN¥0.39 CN¥21.04 x
1992-12-31 CN¥0.88 CN¥21.04 x
1993-12-31 CN¥1.95 CN¥21.04 x
1994-12-31 CN¥2.24 CN¥21.04 x
1995-12-31 CN¥2.38 CN¥21.04 x
1996-12-31 CN¥2.38 CN¥21.04 x
1997-12-31 CN¥2.46 CN¥21.04 x
1998-12-31 CN¥1.40 CN¥21.04 x
1999-12-31 CN¥1.50 CN¥21.04 x
2000-12-31 CN¥1.58 CN¥21.04 x
2001-12-31 CN¥1.01 CN¥21.04 x
2002-12-31 CN¥1.02 CN¥21.04 x
2003-12-31 CN¥1.13 CN¥21.04 x
2004-12-31 CN¥0.99 CN¥21.04 x
2005-12-31 CN¥1.05 CN¥21.04 x
2006-12-31 CN¥1.08 CN¥21.04 x
2007-12-31 CN¥1.18 CN¥21.04 x
2008-12-31 CN¥1.19 CN¥21.04 x
2009-12-31 CN¥1.22 CN¥21.04 x
2010-12-31 CN¥1.41 CN¥21.04 x
2011-12-31 CN¥1.51 CN¥21.04 x
2012-12-31 CN¥1.62 CN¥21.04 x
2013-12-31 CN¥1.84 CN¥21.04 x
2014-12-31 CN¥2.14 CN¥21.04 x
2015-12-31 CN¥2.31 CN¥21.04 x
2016-12-31 CN¥2.61 CN¥21.04 x
2017-12-31 CN¥2.80 CN¥21.04 x
2018-12-31 CN¥3.29 CN¥21.04 x
2019-12-31 CN¥3.62 CN¥21.04 x
2020-12-31 CN¥3.75 CN¥21.04 x
2021-12-31 CN¥3.89 CN¥21.04 x
2022-12-31 CN¥3.96 CN¥21.04 x
2023-12-31 CN¥3.65 CN¥21.04 x
2024-12-31 CN¥3.47 CN¥21.04 x

Capital Efficiency Dashboard

This dashboard shows how efficiently ShenZhen Special Economic Zone Real Estate & Properties 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): -5.03%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -43.42%
  • • Asset Turnover: 0.07x
  • • Equity Multiplier: 1.70x
  • Recent ROE (-5.03%) is below the historical average (3.03%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1991 36.52% 47.74% 0.22x 3.42x CN¥103.65 Million
1992 14.41% 43.41% 0.11x 2.99x CN¥39.05 Million
1993 17.30% 38.16% 0.21x 2.12x CN¥143.99 Million
1994 19.81% 28.72% 0.30x 2.26x CN¥222.31 Million
1995 16.30% 32.96% 0.19x 2.67x CN¥151.61 Million
1996 0.07% 0.22% 0.12x 2.63x CN¥-238.64 Million
1997 4.22% 8.86% 0.19x 2.45x CN¥-144.07 Million
1998 -73.80% -142.34% 0.15x 3.45x CN¥-1.19 Billion
1999 6.71% 12.02% 0.20x 2.80x CN¥-49.95 Million
2000 4.78% 8.98% 0.21x 2.57x CN¥-83.61 Million
2001 -52.72% -87.19% 0.18x 3.41x CN¥-639.19 Million
2002 1.36% 1.88% 0.25x 2.90x CN¥-89.26 Million
2003 1.00% 1.18% 0.35x 2.41x CN¥-102.59 Million
2004 -14.20% -24.94% 0.23x 2.51x CN¥-242.51 Million
2005 1.14% 1.42% 0.37x 2.16x CN¥-93.60 Million
2006 1.76% 1.94% 0.41x 2.19x CN¥-90.14 Million
2007 3.28% 4.62% 0.37x 1.94x CN¥-79.81 Million
2008 1.58% 2.71% 0.31x 1.88x CN¥-101.71 Million
2009 1.65% 2.69% 0.22x 2.74x CN¥-102.65 Million
2010 5.94% 8.30% 0.30x 2.37x CN¥-58.03 Million
2011 6.62% 9.86% 0.32x 2.12x CN¥-51.66 Million
2012 6.53% 10.37% 0.28x 2.27x CN¥-56.72 Million
2013 12.25% 10.79% 0.50x 2.26x CN¥41.93 Million
2014 13.79% 13.98% 0.49x 2.02x CN¥81.88 Million
2015 12.91% 13.92% 0.52x 1.79x CN¥67.96 Million
2016 11.78% 13.25% 0.62x 1.43x CN¥47.18 Million
2017 6.54% 13.74% 0.34x 1.41x CN¥-97.84 Million
2018 15.11% 23.15% 0.47x 1.40x CN¥170.27 Million
2019 15.07% 21.68% 0.52x 1.34x CN¥185.76 Million
2020 7.64% 17.97% 0.33x 1.30x CN¥-89.52 Million
2021 5.61% 16.72% 0.21x 1.57x CN¥-172.99 Million
2022 3.84% 24.23% 0.11x 1.42x CN¥-246.71 Million
2023 -6.80% -47.25% 0.08x 1.76x CN¥-619.95 Million
2024 -5.03% -43.42% 0.07x 1.70x CN¥-527.92 Million

Industry Comparison

This section compares ShenZhen Special Economic Zone Real Estate & Properties Group Co Ltd's net assets metrics with peer companies in the Real Estate - Diversified industry.

Industry Context

  • Industry: Real Estate - Diversified
  • Average net assets among peers: $950,004,292
  • Average return on equity (ROE) among peers: -6.51%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
ShenZhen Special Economic Zone Real Estate & Properties Group Co Ltd (000029) CN¥3.55 Billion 36.52% 0.47x $1.13 Billion
Fujian Sanmu Group Co Ltd (000632) $534.03 Million 5.92% 1.87x $240.23 Million
Shenzhen New Nanshan Holding Group Co Ltd (002314) $1.99 Billion 1.90% 0.99x $312.21 Million
Zhejiang China Commodities City Group Co Ltd (600415) $1.18 Billion 25.71% 3.25x $4.34 Billion
Hainan HNA Infrastructure Investment Group Co Ltd (600515) $69.42 Million -110.02% 11.86x $3.31 Billion
Shanghai Tianchen Co Ltd (600620) $366.21 Million 26.75% 1.62x $352.26 Million
Everbright Jiabao Co Ltd (600622) $1.56 Billion 10.66% 0.91x $299.85 Million