Shenzhen Wongtee International Enterprise Co Ltd (000056) - Net Assets
Based on the latest financial reports, Shenzhen Wongtee International Enterprise Co Ltd (000056) has net assets worth CN¥-2.13 Billion CNY (≈ $-311.70 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¥2.10 Billion ≈ $306.70 Million USD) and total liabilities (CN¥4.23 Billion ≈ $618.40 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 how resilient are Shenzhen Wongtee International Enterpris's assets to evaluate the company's liquid asset resilience ratio.
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. Also explore Shenzhen Wongtee International Enterpris asset portfolio for the complete picture of this company's asset base.
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. For live valuation and market cap data, see market value of Shenzhen Wongtee International Enterpris.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥321.07 Million ≈ $46.98 Million |
-66.90% |
| 2023-12-31 | CN¥970.10 Million ≈ $141.96 Million |
-53.79% |
| 2022-12-31 | CN¥2.10 Billion ≈ $307.19 Million |
-37.97% |
| 2021-12-31 | CN¥3.38 Billion ≈ $495.26 Million |
-29.98% |
| 2020-12-31 | CN¥4.83 Billion ≈ $707.30 Million |
-12.99% |
| 2019-12-31 | CN¥5.55 Billion ≈ $812.86 Million |
-4.33% |
| 2018-12-31 | CN¥5.81 Billion ≈ $849.69 Million |
+17.21% |
| 2017-12-31 | CN¥4.95 Billion ≈ $724.91 Million |
-10.06% |
| 2016-12-31 | CN¥5.51 Billion ≈ $806.02 Million |
+10.17% |
| 2015-12-31 | CN¥5.00 Billion ≈ $731.61 Million |
+70.90% |
| 2014-12-31 | CN¥2.93 Billion ≈ $428.09 Million |
-15.65% |
| 2013-12-31 | CN¥3.47 Billion ≈ $507.52 Million |
+956.31% |
| 2012-12-31 | CN¥-405.03 Million ≈ $-59.27 Million |
-4.44% |
| 2011-12-31 | CN¥-387.81 Million ≈ $-56.75 Million |
-158.46% |
| 2010-12-31 | CN¥-150.05 Million ≈ $-21.96 Million |
-211.07% |
| 2009-12-31 | CN¥135.09 Million ≈ $19.77 Million |
-9.11% |
| 2008-12-31 | CN¥148.63 Million ≈ $21.75 Million |
-25.12% |
| 2007-12-31 | CN¥198.48 Million ≈ $29.04 Million |
+26.95% |
| 2006-12-31 | CN¥156.35 Million ≈ $22.88 Million |
-27.09% |
| 2005-12-31 | CN¥214.45 Million ≈ $31.38 Million |
+25.78% |
| 2004-12-31 | CN¥170.50 Million ≈ $24.95 Million |
-54.55% |
| 2003-12-31 | CN¥375.16 Million ≈ $54.90 Million |
-2.08% |
| 2002-12-31 | CN¥383.14 Million ≈ $56.07 Million |
-12.05% |
| 2001-12-31 | CN¥435.64 Million ≈ $63.75 Million |
+0.01% |
| 2000-12-31 | CN¥435.59 Million ≈ $63.74 Million |
-0.97% |
| 1999-12-31 | CN¥439.87 Million ≈ $64.37 Million |
+3.42% |
| 1998-12-31 | CN¥425.32 Million ≈ $62.24 Million |
+3.95% |
| 1997-12-31 | CN¥409.15 Million ≈ $59.87 Million |
+11.13% |
| 1996-12-31 | CN¥368.18 Million ≈ $53.88 Million |
+61.76% |
| 1995-12-31 | CN¥227.60 Million ≈ $33.31 Million |
+74.07% |
| 1994-12-31 | CN¥130.76 Million ≈ $19.13 Million |
+33.02% |
| 1993-12-31 | CN¥98.30 Million ≈ $14.38 Million |
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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.
| Company | Market Cap |
|---|---|
|
Amaero Ltd
AU:3DA
|
$239.27 Million |
|
Highview Merger Corp. Class A Ordinary Share
NASDAQ:HVMC
|
$239.32 Million |
|
Aeluma, Inc
NASDAQ:ALMU
|
$239.34 Million |
|
Bank Yudha Bhakti Tbk
JK:BBYB
|
$239.38 Million |
|
Innventure, Inc.
NASDAQ:INV
|
$239.11 Million |
|
Taiwan Chinsan Electronic Industrial Co Ltd
TWO:8042
|
$239.02 Million |
|
Ls Networks
KO:000680
|
$238.98 Million |
|
GSR IV Acquisition Corp. Class A ordinary share
NASDAQ:GSRF
|
$238.94 Million |
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: 5.56x
- 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 3.79x to 5.56x 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¥1.74 | x |
| 1996-12-31 | CN¥0.74 | CN¥1.74 | x |
| 1997-12-31 | CN¥0.83 | CN¥1.74 | x |
| 1998-12-31 | CN¥0.80 | CN¥1.74 | x |
| 1999-12-31 | CN¥0.79 | CN¥1.74 | x |
| 2000-12-31 | CN¥0.72 | CN¥1.74 | x |
| 2001-12-31 | CN¥0.73 | CN¥1.74 | x |
| 2002-12-31 | CN¥0.43 | CN¥1.74 | x |
| 2003-12-31 | CN¥0.40 | CN¥1.74 | x |
| 2004-12-31 | CN¥0.23 | CN¥1.74 | x |
| 2005-12-31 | CN¥0.38 | CN¥1.74 | x |
| 2006-12-31 | CN¥0.34 | CN¥1.74 | x |
| 2007-12-31 | CN¥0.47 | CN¥1.74 | x |
| 2008-12-31 | CN¥0.43 | CN¥1.74 | x |
| 2009-12-31 | CN¥0.45 | CN¥1.74 | x |
| 2010-12-31 | CN¥0.07 | CN¥1.74 | x |
| 2011-12-31 | CN¥-0.19 | CN¥1.74 | x |
| 2012-12-31 | CN¥-0.15 | CN¥1.74 | x |
| 2013-12-31 | CN¥4.22 | CN¥1.74 | x |
| 2014-12-31 | CN¥3.78 | CN¥1.74 | x |
| 2015-12-31 | CN¥6.52 | CN¥1.74 | x |
| 2016-12-31 | CN¥4.59 | CN¥1.74 | x |
| 2017-12-31 | CN¥4.46 | CN¥1.74 | x |
| 2018-12-31 | CN¥4.73 | CN¥1.74 | x |
| 2019-12-31 | CN¥4.36 | CN¥1.74 | x |
| 2020-12-31 | CN¥4.28 | CN¥1.74 | x |
| 2021-12-31 | CN¥3.02 | CN¥1.74 | x |
| 2022-12-31 | CN¥1.79 | CN¥1.74 | x |
| 2023-12-31 | CN¥0.86 | CN¥1.74 | x |
| 2024-12-31 | CN¥0.31 | CN¥1.74 | 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: $7,555,234,922
- Average return on equity (ROE) among peers: 12.67%
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 | $239.16 Million |
| China Vanke Co Ltd Class A (000002) | $2.97 Billion | 10.00% | 0.90x | $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) | $3.78 Billion | 21.12% | 2.23x | $623.95 Million |
| Shahe Industry Co Ltd (000014) | $559.79 Million | 12.61% | 1.84x | $467.53 Million |
| Grandjoy Holdings Group Co Ltd (000031) | $52.09 Billion | 0.21% | 3.08x | $1.92 Billion |
| China Union Holdings Ltd (000036) | $851.41 Million | 8.49% | 0.71x | $1.15 Billion |
| Shenzhen Centralcon Investment Holding Co Ltd (000042) | $1.60 Billion | 4.75% | 1.62x | $936.86 Million |
| Financial Street Holdings Co Ltd (000402) | $211.13 Million | 19.01% | 1.84x | $1.39 Billion |
| Chongqing Yukaifa Co Ltd (000514) | $225.67 Million | 23.70% | 1.22x | $608.71 Million |
About Shenzhen Wongtee International Enterprise Co Ltd
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