Financial Street Holdings Co Ltd (000402) - Net Assets

Latest as of March 2026: CN¥21.62 Billion CNY ≈ $3.16 Billion USD

Based on the latest financial reports, Financial Street Holdings Co Ltd (000402) has net assets worth CN¥21.62 Billion CNY (≈ $3.16 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥103.89 Billion ≈ $15.20 Billion USD) and total liabilities (CN¥82.27 Billion ≈ $12.04 Billion 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 tangible equity quality of Financial Street Holdings Co Ltd to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥21.62 Billion
% of Total Assets 20.81%
Annual Growth Rate 24.8%
5-Year Change -49.98%
10-Year Change -31.56%
Growth Volatility 58.54

Financial Street Holdings Co Ltd - Net Assets Trend (1993–2025)

This chart illustrates how Financial Street Holdings Co Ltd's net assets have evolved over time, based on quarterly financial data. See Financial Street Holdings Co Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Financial Street Holdings Co Ltd (1993–2025)

The table below shows the annual net assets of Financial Street Holdings Co Ltd from 1993 to 2025. For live valuation and market cap data, see Financial Street Holdings Co Ltd market capitalisation.

Year Net Assets Change
2025-12-31 CN¥21.30 Billion
≈ $3.12 Billion		 -22.81%
2024-12-31 CN¥27.60 Billion
≈ $4.04 Billion		 -31.36%
2023-12-31 CN¥40.21 Billion
≈ $5.88 Billion		 -5.21%
2022-12-31 CN¥42.42 Billion
≈ $6.21 Billion		 -0.41%
2021-12-31 CN¥42.60 Billion
≈ $6.23 Billion		 +7.01%
2020-12-31 CN¥39.81 Billion
≈ $5.82 Billion		 +2.11%
2019-12-31 CN¥38.98 Billion
≈ $5.70 Billion		 +4.79%
2018-12-31 CN¥37.20 Billion
≈ $5.44 Billion		 +10.36%
2017-12-31 CN¥33.71 Billion
≈ $4.93 Billion		 +8.27%
2016-12-31 CN¥31.13 Billion
≈ $4.56 Billion		 +7.34%
2015-12-31 CN¥29.00 Billion
≈ $4.24 Billion		 +8.21%
2014-12-31 CN¥26.80 Billion
≈ $3.92 Billion		 +9.60%
2013-12-31 CN¥24.46 Billion
≈ $3.58 Billion		 +16.20%
2012-12-31 CN¥21.05 Billion
≈ $3.08 Billion		 +13.79%
2011-12-31 CN¥18.50 Billion
≈ $2.71 Billion		 +7.26%
2010-12-31 CN¥17.24 Billion
≈ $2.52 Billion		 +8.15%
2009-12-31 CN¥15.94 Billion
≈ $2.33 Billion		 +7.59%
2008-12-31 CN¥14.82 Billion
≈ $2.17 Billion		 +202.17%
2007-12-31 CN¥4.90 Billion
≈ $717.66 Million		 +22.80%
2006-12-31 CN¥3.99 Billion
≈ $584.43 Million		 +61.10%
2005-12-31 CN¥2.48 Billion
≈ $362.76 Million		 +22.45%
2004-12-31 CN¥2.02 Billion
≈ $296.25 Million		 +83.31%
2003-12-31 CN¥1.10 Billion
≈ $161.61 Million		 +23.12%
2002-12-31 CN¥897.02 Million
≈ $131.26 Million		 +151.55%
2001-12-31 CN¥356.60 Million
≈ $52.18 Million		 +68.90%
2000-12-31 CN¥211.13 Million
≈ $30.89 Million		 +21.23%
1999-12-31 CN¥174.15 Million
≈ $25.48 Million		 +4.13%
1998-12-31 CN¥167.24 Million
≈ $24.47 Million		 -3.48%
1997-12-31 CN¥173.27 Million
≈ $25.35 Million		 +8.28%
1996-12-31 CN¥160.02 Million
≈ $23.42 Million		 +217.92%
1995-12-31 CN¥50.33 Million
≈ $7.37 Million		 +30.18%
1994-12-31 CN¥38.66 Million
≈ $5.66 Million		 +117.84%
1993-12-31 CN¥17.75 Million
≈ $2.60 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Financial Street Holdings 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 729936853954.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings CN¥7.30 Billion 37.41%
Other Components CN¥12.21 Billion 62.59%
Total Equity CN¥19.51 Billion 100.00%

Financial Street Holdings Co Ltd Competitors by Market Cap

The table below lists competitors of Financial Street Holdings Co Ltd ranked by their market capitalization.

Company Market Cap
Unilever PLC
LSE:ULVR
 $1.17 Billion
TTW Public Company Limited
BK:TTW
 $1.17 Billion
First Mid Illinois Bancshares Inc
NASDAQ:FMBH
 $1.17 Billion
Sinosteel Engineering and Technology Co Ltd
SHE:000928
 $1.17 Billion
Anhui Hwasu Co.Ltd.
SHG:600935
 $1.17 Billion
Polyrocks Chemical Co Ltd
SHG:688669
 $1.17 Billion
Northwest Pipe Company
NASDAQ:NWPX
 $1.17 Billion
MapLight Therapeutics, Inc. Common Stock
NASDAQ:MPLT
 $1.17 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Financial Street Holdings Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 24,882,849,000 to 19,510,336,555, a change of -5,372,512,445 (-21.6%).
  • Net loss of 5,384,226,185 reduced equity.
  • Dividend payments of 2,328,850,168 reduced retained earnings.
  • Other comprehensive income decreased equity by 2,283,789,000.
  • Other factors increased equity by 4,624,352,908.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CN¥-5.38 Billion -27.6%
Dividends Paid CN¥2.33 Billion -11.94%
Other Comprehensive Income CN¥-2.28 Billion -11.71%
Other Changes CN¥4.62 Billion +23.7%
Total Change CN¥- -21.59%

Book Value vs Market Value Analysis

This analysis compares Financial Street Holdings 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: 0.41x
  • The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
  • The price-to-book ratio has decreased from 354.72x to 0.41x 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¥0.01 CN¥2.67 x
1994-12-31 CN¥0.02 CN¥2.67 x
1995-12-31 CN¥0.02 CN¥2.67 x
1996-12-31 CN¥0.07 CN¥2.67 x
1997-12-31 CN¥0.07 CN¥2.67 x
1998-12-31 CN¥0.07 CN¥2.67 x
1999-12-31 CN¥0.07 CN¥2.67 x
2000-12-31 CN¥0.09 CN¥2.67 x
2001-12-31 CN¥0.15 CN¥2.67 x
2002-12-31 CN¥0.38 CN¥2.67 x
2003-12-31 CN¥0.46 CN¥2.67 x
2004-12-31 CN¥0.84 CN¥2.67 x
2005-12-31 CN¥0.96 CN¥2.67 x
2006-12-31 CN¥1.95 CN¥2.67 x
2007-12-31 CN¥1.99 CN¥2.67 x
2008-12-31 CN¥4.94 CN¥2.67 x
2009-12-31 CN¥5.11 CN¥2.67 x
2010-12-31 CN¥5.59 CN¥2.67 x
2011-12-31 CN¥6.02 CN¥2.67 x
2012-12-31 CN¥6.54 CN¥2.67 x
2013-12-31 CN¥7.40 CN¥2.67 x
2014-12-31 CN¥8.02 CN¥2.67 x
2015-12-31 CN¥8.48 CN¥2.67 x
2016-12-31 CN¥9.30 CN¥2.67 x
2017-12-31 CN¥9.93 CN¥2.67 x
2018-12-31 CN¥10.66 CN¥2.67 x
2019-12-31 CN¥11.60 CN¥2.67 x
2020-12-31 CN¥12.18 CN¥2.67 x
2021-12-31 CN¥12.42 CN¥2.67 x
2022-12-31 CN¥12.69 CN¥2.67 x
2023-12-31 CN¥12.01 CN¥2.67 x
2024-12-31 CN¥8.33 CN¥2.67 x
2025-12-31 CN¥6.53 CN¥2.67 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Financial Street Holdings 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): -27.60%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -67.32%
  • • Asset Turnover: 0.07x
  • • Equity Multiplier: 5.90x
  • Recent ROE (-27.60%) is below the historical average (10.01%), 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 20.96% 6.28% 0.70x 4.79x CN¥1.95 Million
1994 18.68% 8.84% 0.65x 3.23x CN¥3.36 Million
1995 21.29% 9.46% 0.69x 3.26x CN¥5.68 Million
1996 3.61% 5.63% 0.34x 1.89x CN¥-10.23 Million
1997 5.46% 7.18% 0.38x 2.03x CN¥-7.68 Million
1998 2.34% 2.40% 0.48x 2.03x CN¥-12.50 Million
1999 7.11% 9.97% 0.38x 1.87x CN¥-4.92 Million
2000 19.90% 18.20% 0.37x 2.97x CN¥19.96 Million
2001 43.59% 17.62% 0.75x 3.28x CN¥116.40 Million
2002 18.87% 18.08% 0.32x 3.25x CN¥78.54 Million
2003 18.99% 14.43% 0.40x 3.32x CN¥98.21 Million
2004 15.67% 17.87% 0.30x 2.89x CN¥112.47 Million
2005 18.10% 20.45% 0.27x 3.24x CN¥183.04 Million
2006 13.99% 15.39% 0.31x 2.93x CN¥152.83 Million
2007 42.51% 50.00% 0.29x 2.94x CN¥1.53 Billion
2008 7.14% 19.55% 0.19x 1.89x CN¥-415.93 Million
2009 8.80% 21.92% 0.15x 2.73x CN¥-185.90 Million
2010 10.55% 23.13% 0.14x 3.21x CN¥92.38 Million
2011 11.14% 23.27% 0.15x 3.30x CN¥206.23 Million
2012 11.46% 13.17% 0.25x 3.54x CN¥289.79 Million
2013 12.98% 14.54% 0.26x 3.41x CN¥663.36 Million
2014 12.09% 13.28% 0.25x 3.62x CN¥505.75 Million
2015 8.84% 14.48% 0.15x 4.15x CN¥-295.54 Million
2016 10.11% 14.13% 0.18x 4.07x CN¥30.07 Million
2017 10.17% 11.78% 0.20x 4.24x CN¥50.89 Million
2018 10.23% 14.78% 0.15x 4.65x CN¥72.32 Million
2019 9.92% 13.14% 0.16x 4.67x CN¥-29.15 Million
2020 6.86% 13.79% 0.11x 4.65x CN¥-1.14 Billion
2021 4.43% 6.80% 0.15x 4.44x CN¥-2.07 Billion
2022 2.23% 4.13% 0.13x 4.04x CN¥-2.95 Billion
2023 -5.41% -15.48% 0.09x 4.02x CN¥-5.54 Billion
2024 -44.54% -58.11% 0.16x 4.89x CN¥-13.57 Billion
2025 -27.60% -67.32% 0.07x 5.90x CN¥-7.34 Billion

Industry Comparison

This section compares Financial Street Holdings 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: $10,835,959,534
  • Average return on equity (ROE) among peers: 8.78%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Financial Street Holdings Co Ltd (000402) CN¥21.62 Billion 20.96% 3.81x $1.17 Billion
China Vanke Co Ltd Class A (000002) $33.92 Billion 14.28% 1.95x $4.35 Billion
Shenzhen Zhenye Group Co Ltd (000006) $4.21 Billion 12.05% 1.79x $1.62 Billion
Shenzhen Properties & Resources Development Group Ltd (000011) $474.22 Million 16.24% 4.14x $566.74 Million
Shahe Industry Co Ltd (000014) $377.25 Million 8.22% 1.72x $351.71 Million
Grandjoy Holdings Group Co Ltd (000031) $52.09 Billion 0.21% 3.08x $1.46 Billion
China Union Holdings Ltd (000036) $1.74 Billion 16.15% 0.79x $1.01 Billion
Shenzhen Centralcon Investment Holding Co Ltd (000042) $1.24 Billion 8.47% 1.44x $868.76 Million
Shenzhen Wongtee International Enterprise Co Ltd (000056) $425.32 Million 1.42% 1.50x $229.54 Million
Chongqing Yukaifa Co Ltd (000514) $3.04 Billion 1.95% 1.23x $485.24 Million

About Financial Street Holdings Co Ltd

SHE:000402 China Real Estate - Development
Market Cap
$1.17 Billion
CN¥7.98 Billion CNY
Market Cap Rank
#8392 Global
#2055 in China
Share Price
CN¥2.67
Change (1 day)
-1.48%
52-Week Range
CN¥2.46 - CN¥3.49
All Time High
CN¥11.22
Categories
Companies in China Real Estate - Development
About

Financial Street Holdings Co., Ltd., together with its subsidiaries, engages in the development and operation of real estate properties in China. The company develops commercial properties comprising business and boutique business complexes, and hotels; characteristic town properties, including tourist areas; and residential properties, as well as leases properties. It is also involved in housing… Read more