Shenzhen Wongtee International Enterprise Co Ltd

SHE:000056 China Real Estate - Development
Market Cap
$254.75 Million
CN¥1.87 Billion CNY
Market Cap Rank
#14694 Global
#3889 in China
Share Price
CN¥1.99
Change (1 day)
+0.00%
52-Week Range
CN¥1.79 - CN¥3.88
All Time High
CN¥16.92
About

Shenzhen Wongtee International Enterprise Co., Ltd. operates in real estate industry in China. The company invests in and operates commercial real estate properties, such as commercial real estate, industrial parks, tourist attractions, and cultural and creative parks. It also provides property management, asset management, brand incubation investment, Internet big data, financing, and intelligen… Read more

Shenzhen Wongtee International Enterprise Co Ltd (000056) - Net Assets

Latest net assets as of September 2025: CN¥-2.13 Billion CNY

Based on the latest financial reports, Shenzhen Wongtee International Enterprise Co Ltd (000056) has net assets worth CN¥-2.13 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¥2.10 Billion) and total liabilities (CN¥4.23 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¥-2.13 Billion
% of Total Assets -101.63%
Annual Growth Rate 3.89%
5-Year Change -93.36%
10-Year Change -93.58%
Growth Volatility 51.67

Shenzhen Wongtee International Enterprise Co Ltd - Net Assets Trend (1993–2024)

This chart illustrates how Shenzhen Wongtee International Enterprise 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 Wongtee International Enterprise Co Ltd (1993–2024)

The table below shows the annual net assets of Shenzhen Wongtee International Enterprise Co Ltd from 1993 to 2024.

Year Net Assets Change
2024-12-31 CN¥321.07 Million -66.90%
2023-12-31 CN¥970.10 Million -53.79%
2022-12-31 CN¥2.10 Billion -37.97%
2021-12-31 CN¥3.38 Billion -29.98%
2020-12-31 CN¥4.83 Billion -12.99%
2019-12-31 CN¥5.55 Billion -4.33%
2018-12-31 CN¥5.81 Billion +17.21%
2017-12-31 CN¥4.95 Billion -10.06%
2016-12-31 CN¥5.51 Billion +10.17%
2015-12-31 CN¥5.00 Billion +70.90%
2014-12-31 CN¥2.93 Billion -15.65%
2013-12-31 CN¥3.47 Billion +956.31%
2012-12-31 CN¥-405.03 Million -4.44%
2011-12-31 CN¥-387.81 Million -158.46%
2010-12-31 CN¥-150.05 Million -211.07%
2009-12-31 CN¥135.09 Million -9.11%
2008-12-31 CN¥148.63 Million -25.12%
2007-12-31 CN¥198.48 Million +26.95%
2006-12-31 CN¥156.35 Million -27.09%
2005-12-31 CN¥214.45 Million +25.78%
2004-12-31 CN¥170.50 Million -54.55%
2003-12-31 CN¥375.16 Million -2.08%
2002-12-31 CN¥383.14 Million -12.05%
2001-12-31 CN¥435.64 Million +0.01%
2000-12-31 CN¥435.59 Million -0.97%
1999-12-31 CN¥439.87 Million +3.42%
1998-12-31 CN¥425.32 Million +3.95%
1997-12-31 CN¥409.15 Million +11.13%
1996-12-31 CN¥368.18 Million +61.76%
1995-12-31 CN¥227.60 Million +74.07%
1994-12-31 CN¥130.76 Million +33.02%
1993-12-31 CN¥98.30 Million --

Equity Component Analysis

This analysis shows how different components contribute to Shenzhen Wongtee International Enterprise 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 decreased by 226876300000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥1.21 Billion 338.34%
Other Components CN¥1.42 Billion 396.00%
Total Equity CN¥357.66 Million 100.00%

Shenzhen Wongtee International Enterprise Co Ltd Competitors by Market Cap

The table below lists competitors of Shenzhen Wongtee International Enterprise Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Shenzhen Wongtee International Enterprise Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 994,364,000 to 357,656,000, a change of -636,708,000 (-64.0%).
  • Net loss of 640,428,000 reduced equity.
  • Dividend payments of 302,021,000 reduced retained earnings.
  • Share repurchases of 12,873,106 reduced equity.
  • Other comprehensive income increased equity by 260,474,714.
  • Other factors increased equity by 58,139,392.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-640.43 Million -179.06%
Dividends Paid CN¥302.02 Million -84.44%
Share Repurchases CN¥12.87 Million -3.6%
Other Comprehensive Income CN¥260.47 Million +72.83%
Other Changes CN¥58.14 Million +16.26%
Total Change CN¥- -64.03%

Book Value vs Market Value Analysis

This analysis compares Shenzhen Wongtee International Enterprise 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: 6.36x
  • 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 increased from 4.33x to 6.36x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1995-12-31 CN¥0.46 CN¥1.99 x
1996-12-31 CN¥0.74 CN¥1.99 x
1997-12-31 CN¥0.83 CN¥1.99 x
1998-12-31 CN¥0.80 CN¥1.99 x
1999-12-31 CN¥0.79 CN¥1.99 x
2000-12-31 CN¥0.72 CN¥1.99 x
2001-12-31 CN¥0.73 CN¥1.99 x
2002-12-31 CN¥0.43 CN¥1.99 x
2003-12-31 CN¥0.40 CN¥1.99 x
2004-12-31 CN¥0.23 CN¥1.99 x
2005-12-31 CN¥0.38 CN¥1.99 x
2006-12-31 CN¥0.34 CN¥1.99 x
2007-12-31 CN¥0.47 CN¥1.99 x
2008-12-31 CN¥0.43 CN¥1.99 x
2009-12-31 CN¥0.45 CN¥1.99 x
2010-12-31 CN¥0.07 CN¥1.99 x
2011-12-31 CN¥-0.19 CN¥1.99 x
2012-12-31 CN¥-0.15 CN¥1.99 x
2013-12-31 CN¥4.22 CN¥1.99 x
2014-12-31 CN¥3.78 CN¥1.99 x
2015-12-31 CN¥6.52 CN¥1.99 x
2016-12-31 CN¥4.59 CN¥1.99 x
2017-12-31 CN¥4.46 CN¥1.99 x
2018-12-31 CN¥4.73 CN¥1.99 x
2019-12-31 CN¥4.36 CN¥1.99 x
2020-12-31 CN¥4.28 CN¥1.99 x
2021-12-31 CN¥3.02 CN¥1.99 x
2022-12-31 CN¥1.79 CN¥1.99 x
2023-12-31 CN¥0.86 CN¥1.99 x
2024-12-31 CN¥0.31 CN¥1.99 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shenzhen Wongtee International Enterprise 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): -179.06%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -97.36%
  • • Asset Turnover: 0.08x
  • • Equity Multiplier: 22.46x
  • Recent ROE (-179.06%) is below the historical average (-23.39%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1995 18.02% 15.22% 0.48x 2.47x CN¥18.19 Million
1996 13.55% 24.66% 0.26x 2.10x CN¥13.04 Million
1997 10.04% 19.13% 0.24x 2.20x CN¥147.20K
1998 1.53% 1.82% 0.31x 2.68x CN¥-33.63 Million
1999 7.96% 9.84% 0.25x 3.17x CN¥-7.92 Million
2000 11.01% 8.28% 0.42x 3.14x CN¥3.57 Million
2001 1.55% 1.85% 0.25x 3.31x CN¥-30.29 Million
2002 -7.72% -13.69% 0.17x 3.29x CN¥-59.00 Million
2003 0.23% 0.62% 0.11x 3.50x CN¥-29.83 Million
2004 -41.53% -85.02% 0.09x 5.28x CN¥-91.43 Million
2005 3.48% 3.71% 0.26x 3.63x CN¥-13.09 Million
2006 -6.33% -16.16% 0.10x 4.08x CN¥-29.63 Million
2007 27.77% 159.36% 0.04x 4.24x CN¥43.43 Million
2008 -11.65% -94.23% 0.02x 5.15x CN¥-47.38 Million
2009 2.78% 27.17% 0.02x 6.54x CN¥-16.04 Million
2010 -434.28% -934.97% 0.01x 39.08x CN¥-175.15 Million
2011 0.00% -667.39% 0.01x 0.00x CN¥-120.08 Million
2012 0.00% 22.56% 0.04x 0.00x CN¥26.57 Million
2013 103.75% 6575.52% 0.00x 3.49x CN¥2.10 Billion
2014 -19.18% -548.75% 0.01x 2.78x CN¥-826.06 Million
2015 0.77% 14.29% 0.03x 1.60x CN¥-461.63 Million
2016 2.21% 34.83% 0.03x 2.08x CN¥-399.06 Million
2017 2.24% 17.11% 0.05x 2.64x CN¥-415.57 Million
2018 1.69% 9.55% 0.07x 2.47x CN¥-445.42 Million
2019 0.92% 5.26% 0.08x 2.29x CN¥-494.96 Million
2020 -6.07% -42.61% 0.06x 2.44x CN¥-773.63 Million
2021 -33.62% -153.41% 0.07x 3.17x CN¥-1.50 Billion
2022 -58.49% -185.18% 0.07x 4.83x CN¥-1.44 Billion
2023 -113.31% -96.16% 0.13x 8.83x CN¥-1.23 Billion
2024 -179.06% -97.36% 0.08x 22.46x CN¥-676.19 Million

Industry Comparison

This section compares Shenzhen Wongtee International Enterprise 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: $10,472,821,189
  • Average return on equity (ROE) among peers: 6.57%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shenzhen Wongtee International Enterprise Co Ltd (000056) CN¥-2.13 Billion 18.02% N/A $213.53 Million
China Vanke Co Ltd Class A (000002) $2.15 Billion 10.68% 1.09x $5.28 Billion
Shenzhen Zhenye Group Co Ltd (000006) $2.89 Billion 15.02% 1.88x $1.04 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
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