China Union Holdings Ltd (000036) - Net Assets
Based on the latest financial reports, China Union Holdings Ltd (000036) has net assets worth CN¥5.95 Billion CNY (≈ $871.31 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥7.64 Billion ≈ $1.12 Billion USD) and total liabilities (CN¥1.69 Billion ≈ $247.09 Million 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 000036 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥5.95 Billion |
| % of Total Assets | 77.91% |
| Annual Growth Rate | 13.22% |
| 5-Year Change | 2.17% |
| 10-Year Change | 121.83% |
| Growth Volatility | 63.6 |
China Union Holdings Ltd - Net Assets Trend (1993–2024)
This chart illustrates how China Union Holdings Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 000036 total asset value for the complete picture of this company's asset base.
Annual Net Assets for China Union Holdings Ltd (1993–2024)
The table below shows the annual net assets of China Union Holdings Ltd from 1993 to 2024. For live valuation and market cap data, see 000036 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥5.95 Billion ≈ $870.91 Million |
-4.08% |
| 2023-12-31 | CN¥6.20 Billion ≈ $907.96 Million |
-0.88% |
| 2022-12-31 | CN¥6.26 Billion ≈ $915.98 Million |
+4.12% |
| 2021-12-31 | CN¥6.01 Billion ≈ $879.70 Million |
+3.20% |
| 2020-12-31 | CN¥5.83 Billion ≈ $852.45 Million |
+3.18% |
| 2019-12-31 | CN¥5.65 Billion ≈ $826.20 Million |
+3.79% |
| 2018-12-31 | CN¥5.44 Billion ≈ $796.04 Million |
+7.03% |
| 2017-12-31 | CN¥5.08 Billion ≈ $743.75 Million |
+26.29% |
| 2016-12-31 | CN¥4.02 Billion ≈ $588.94 Million |
+50.01% |
| 2015-12-31 | CN¥2.68 Billion ≈ $392.61 Million |
+7.61% |
| 2014-12-31 | CN¥2.49 Billion ≈ $364.85 Million |
-1.70% |
| 2013-12-31 | CN¥2.54 Billion ≈ $371.17 Million |
+4.34% |
| 2012-12-31 | CN¥2.43 Billion ≈ $355.74 Million |
+5.75% |
| 2011-12-31 | CN¥2.30 Billion ≈ $336.41 Million |
+5.70% |
| 2010-12-31 | CN¥2.17 Billion ≈ $318.26 Million |
+24.79% |
| 2009-12-31 | CN¥1.74 Billion ≈ $255.03 Million |
+22.53% |
| 2008-12-31 | CN¥1.42 Billion ≈ $208.14 Million |
-46.64% |
| 2007-12-31 | CN¥2.67 Billion ≈ $390.04 Million |
-7.49% |
| 2006-12-31 | CN¥2.88 Billion ≈ $421.63 Million |
+10.21% |
| 2005-12-31 | CN¥2.61 Billion ≈ $382.58 Million |
+37.57% |
| 2004-12-31 | CN¥1.90 Billion ≈ $278.10 Million |
-15.61% |
| 2003-12-31 | CN¥2.25 Billion ≈ $329.53 Million |
+36.86% |
| 2002-12-31 | CN¥1.65 Billion ≈ $240.77 Million |
+17.20% |
| 2001-12-31 | CN¥1.40 Billion ≈ $205.44 Million |
+28.00% |
| 2000-12-31 | CN¥1.10 Billion ≈ $160.50 Million |
+7.87% |
| 1999-12-31 | CN¥1.02 Billion ≈ $148.78 Million |
+19.42% |
| 1998-12-31 | CN¥851.41 Million ≈ $124.59 Million |
+349.19% |
| 1997-12-31 | CN¥189.54 Million ≈ $27.74 Million |
-17.15% |
| 1996-12-31 | CN¥228.78 Million ≈ $33.48 Million |
-1.11% |
| 1995-12-31 | CN¥231.36 Million ≈ $33.85 Million |
+3.76% |
| 1994-12-31 | CN¥222.96 Million ≈ $32.63 Million |
+75.71% |
| 1993-12-31 | CN¥126.90 Million ≈ $18.57 Million |
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Equity Component Analysis
This analysis shows how different components contribute to China Union Holdings 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 305811356700.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥3.06 Billion | 60.20% |
| Common Stock | CN¥1.48 Billion | 29.21% |
| Other Comprehensive Income | CN¥700.32 Million | 13.79% |
| Total Equity | CN¥5.08 Billion | 100.00% |
China Union Holdings Ltd Competitors by Market Cap
The table below lists competitors of China Union Holdings Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ABOUT YOU Holding AG
F:YOU
|
$1.15 Billion |
|
Beijing Haitian Ruisheng Science Technology Ltd
SHG:688787
|
$1.15 Billion |
|
Cangzhou Dahua Co Ltd
SHG:600230
|
$1.15 Billion |
|
Jiangsu Libert Inc
SHG:605167
|
$1.15 Billion |
|
Olema Pharmaceuticals Inc
NASDAQ:OLMA
|
$1.15 Billion |
|
Isras Investment Company Ltd
TA:ISRS
|
$1.15 Billion |
|
Energy Resources of Australia Ltd
AU:ERA
|
$1.15 Billion |
|
Evotec SE ADR
NASDAQ:EVO
|
$1.15 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China Union Holdings Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,336,409,296 to 5,079,794,132, a change of -256,615,164 (-4.8%).
- Net income of 40,511,986 contributed positively to equity growth.
- Dividend payments of 48,020,860 reduced retained earnings.
- Share repurchases of 297,127,130 reduced equity.
- Other comprehensive income increased equity by 700,323,688.
- Other factors decreased equity by 652,302,848.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥40.51 Million | +0.8% |
| Dividends Paid | CN¥48.02 Million | -0.95% |
| Share Repurchases | CN¥297.13 Million | -5.85% |
| Other Comprehensive Income | CN¥700.32 Million | +13.79% |
| Other Changes | CN¥-652.30 Million | -12.84% |
| Total Change | CN¥- | -4.81% |
Book Value vs Market Value Analysis
This analysis compares China Union Holdings 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: 1.49x
- 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 64.37x to 1.49x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-12-31 | CN¥0.09 | CN¥5.59 | x |
| 1994-12-31 | CN¥0.15 | CN¥5.59 | x |
| 1995-12-31 | CN¥0.15 | CN¥5.59 | x |
| 1996-12-31 | CN¥0.15 | CN¥5.59 | x |
| 1997-12-31 | CN¥0.13 | CN¥5.59 | x |
| 1998-12-31 | CN¥0.49 | CN¥5.59 | x |
| 1999-12-31 | CN¥0.55 | CN¥5.59 | x |
| 2000-12-31 | CN¥0.59 | CN¥5.59 | x |
| 2001-12-31 | CN¥0.67 | CN¥5.59 | x |
| 2002-12-31 | CN¥0.77 | CN¥5.59 | x |
| 2003-12-31 | CN¥1.15 | CN¥5.59 | x |
| 2004-12-31 | CN¥1.17 | CN¥5.59 | x |
| 2005-12-31 | CN¥1.16 | CN¥5.59 | x |
| 2006-12-31 | CN¥1.29 | CN¥5.59 | x |
| 2007-12-31 | CN¥1.13 | CN¥5.59 | x |
| 2008-12-31 | CN¥0.79 | CN¥5.59 | x |
| 2009-12-31 | CN¥1.00 | CN¥5.59 | x |
| 2010-12-31 | CN¥1.15 | CN¥5.59 | x |
| 2011-12-31 | CN¥1.19 | CN¥5.59 | x |
| 2012-12-31 | CN¥1.23 | CN¥5.59 | x |
| 2013-12-31 | CN¥1.28 | CN¥5.59 | x |
| 2014-12-31 | CN¥1.29 | CN¥5.59 | x |
| 2015-12-31 | CN¥1.36 | CN¥5.59 | x |
| 2016-12-31 | CN¥2.27 | CN¥5.59 | x |
| 2017-12-31 | CN¥2.97 | CN¥5.59 | x |
| 2018-12-31 | CN¥4.22 | CN¥5.59 | x |
| 2019-12-31 | CN¥3.33 | CN¥5.59 | x |
| 2020-12-31 | CN¥3.31 | CN¥5.59 | x |
| 2021-12-31 | CN¥3.35 | CN¥5.59 | x |
| 2022-12-31 | CN¥3.58 | CN¥5.59 | x |
| 2023-12-31 | CN¥3.92 | CN¥5.59 | x |
| 2024-12-31 | CN¥3.76 | CN¥5.59 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China Union Holdings 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): 0.80%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.53%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 1.50x
- Recent ROE (0.80%) is below the historical average (6.31%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 10.21% | 9.41% | 0.65x | 1.66x | CN¥270.24K |
| 1994 | 4.67% | 9.11% | 0.42x | 1.22x | CN¥-11.83 Million |
| 1995 | 1.02% | 1.68% | 0.44x | 1.39x | CN¥-19.97 Million |
| 1996 | 1.32% | 2.02% | 0.48x | 1.35x | CN¥-19.35 Million |
| 1997 | -21.43% | -23.66% | 0.65x | 1.38x | CN¥-57.70 Million |
| 1998 | 10.04% | 15.60% | 0.32x | 2.03x | CN¥254.31K |
| 1999 | 10.11% | 6.83% | 0.53x | 2.78x | CN¥883.82K |
| 2000 | 11.02% | 3.88% | 0.93x | 3.06x | CN¥8.73 Million |
| 2001 | 12.70% | 3.95% | 0.78x | 4.10x | CN¥26.55 Million |
| 2002 | 12.04% | 3.61% | 0.93x | 3.58x | CN¥22.83 Million |
| 2003 | 2.04% | 1.25% | 0.60x | 2.72x | CN¥-133.52 Million |
| 2004 | 1.52% | 2.77% | 0.36x | 1.54x | CN¥-145.32 Million |
| 2005 | 0.20% | 0.14% | 0.27x | 5.20x | CN¥-166.29 Million |
| 2006 | 10.22% | 3.60% | 0.45x | 6.35x | CN¥4.08 Million |
| 2007 | -23.10% | -4.66% | 0.61x | 8.12x | CN¥-547.54 Million |
| 2008 | -34.81% | -313.45% | 0.04x | 2.65x | CN¥-518.18 Million |
| 2009 | 19.22% | 14.66% | 0.62x | 2.13x | CN¥135.04 Million |
| 2010 | 13.77% | 20.69% | 0.27x | 2.49x | CN¥63.18 Million |
| 2011 | 3.99% | 13.70% | 0.13x | 2.22x | CN¥-104.40 Million |
| 2012 | 3.27% | 16.95% | 0.08x | 2.37x | CN¥-121.31 Million |
| 2013 | 4.26% | 41.44% | 0.05x | 2.24x | CN¥-107.57 Million |
| 2014 | 1.83% | 16.75% | 0.04x | 2.43x | CN¥-153.29 Million |
| 2015 | 3.39% | 16.94% | 0.06x | 3.17x | CN¥-134.84 Million |
| 2016 | 39.91% | 62.09% | 0.22x | 2.88x | CN¥1.01 Billion |
| 2017 | 30.47% | 33.82% | 0.46x | 1.98x | CN¥902.34 Million |
| 2018 | 20.12% | 29.05% | 0.31x | 2.26x | CN¥487.13 Million |
| 2019 | 16.52% | 25.80% | 0.26x | 2.45x | CN¥322.80 Million |
| 2020 | 15.76% | 28.57% | 0.25x | 2.21x | CN¥282.39 Million |
| 2021 | 8.17% | 21.59% | 0.20x | 1.93x | CN¥-90.72 Million |
| 2022 | 11.30% | 25.57% | 0.25x | 1.74x | CN¥68.72 Million |
| 2023 | 1.53% | 14.44% | 0.07x | 1.57x | CN¥-452.01 Million |
| 2024 | 0.80% | 9.53% | 0.06x | 1.50x | CN¥-467.47 Million |
Industry Comparison
This section compares China Union Holdings 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: $15,648,292,029
- Average return on equity (ROE) among peers: 8.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China Union Holdings Ltd (000036) | CN¥5.95 Billion | 10.21% | 0.28x | $1.15 Billion |
| China Vanke Co Ltd Class A (000002) | $105.44 Billion | 14.34% | 3.54x | $5.56 Billion |
| Shenzhen Zhenye Group Co Ltd (000006) | $5.71 Billion | 14.12% | 1.30x | $1.92 Billion |
| Shenzhen Properties & Resources Development Group Ltd (000011) | $2.41 Billion | 14.72% | 1.76x | $623.95 Million |
| Shahe Industry Co Ltd (000014) | $993.60 Million | 4.93% | 1.56x | $467.53 Million |
| Grandjoy Holdings Group Co Ltd (000031) | $1.05 Billion | 5.59% | 0.57x | $1.92 Billion |
| Shenzhen Centralcon Investment Holding Co Ltd (000042) | $1.91 Billion | 10.58% | 1.82x | $936.86 Million |
| Shenzhen Wongtee International Enterprise Co Ltd (000056) | $5.81 Billion | 1.56% | 1.28x | $239.16 Million |
| Financial Street Holdings Co Ltd (000402) | $17.24 Billion | 10.34% | 2.14x | $1.39 Billion |
| Chongqing Yukaifa Co Ltd (000514) | $280.39 Million | 0.42% | 2.43x | $608.71 Million |
About China Union Holdings Ltd
China Union Holdings Ltd. engages in the real estate development, property management, and service management in China. It provides property services for residential real estate projects and commercial real estate projects. The company was incorporated in 1993 and is headquartered in Shenzhen, China.