Hefei Department Store Group Co Ltd (000417) - Net Assets
Based on the latest financial reports, Hefei Department Store Group Co Ltd (000417) has net assets worth CN¥5.87 Billion CNY (≈ $858.57 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥12.49 Billion ≈ $1.83 Billion USD) and total liabilities (CN¥6.62 Billion ≈ $968.53 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 Hefei Department Store Group Co Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥5.87 Billion |
| % of Total Assets | 46.99% |
| Annual Growth Rate | 9.85% |
| 5-Year Change | 18.6% |
| 10-Year Change | 47.64% |
| Growth Volatility | 12.25 |
Hefei Department Store Group Co Ltd - Net Assets Trend (2000–2024)
This chart illustrates how Hefei Department Store Group Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 000417 total assets for the complete picture of this company's asset base.
Annual Net Assets for Hefei Department Store Group Co Ltd (2000–2024)
The table below shows the annual net assets of Hefei Department Store Group Co Ltd from 2000 to 2024. For live valuation and market cap data, see 000417 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥5.75 Billion ≈ $840.79 Million |
+2.85% |
| 2023-12-31 | CN¥5.59 Billion ≈ $817.52 Million |
+7.26% |
| 2022-12-31 | CN¥5.21 Billion ≈ $762.22 Million |
+3.43% |
| 2021-12-31 | CN¥5.04 Billion ≈ $736.92 Million |
+3.95% |
| 2020-12-31 | CN¥4.84 Billion ≈ $708.92 Million |
+2.40% |
| 2019-12-31 | CN¥4.73 Billion ≈ $692.34 Million |
+6.10% |
| 2018-12-31 | CN¥4.46 Billion ≈ $652.51 Million |
+3.27% |
| 2017-12-31 | CN¥4.32 Billion ≈ $631.83 Million |
+4.38% |
| 2016-12-31 | CN¥4.14 Billion ≈ $605.30 Million |
+6.29% |
| 2015-12-31 | CN¥3.89 Billion ≈ $569.49 Million |
+4.76% |
| 2014-12-31 | CN¥3.72 Billion ≈ $543.63 Million |
+7.64% |
| 2013-12-31 | CN¥3.45 Billion ≈ $505.04 Million |
+12.51% |
| 2012-12-31 | CN¥3.07 Billion ≈ $448.88 Million |
+14.42% |
| 2011-12-31 | CN¥2.68 Billion ≈ $392.33 Million |
+62.40% |
| 2010-12-31 | CN¥1.65 Billion ≈ $241.58 Million |
+26.12% |
| 2009-12-31 | CN¥1.31 Billion ≈ $191.55 Million |
+10.26% |
| 2008-12-31 | CN¥1.19 Billion ≈ $173.73 Million |
+17.77% |
| 2007-12-31 | CN¥1.01 Billion ≈ $147.51 Million |
+14.38% |
| 2006-12-31 | CN¥881.33 Million ≈ $128.97 Million |
+5.34% |
| 2005-12-31 | CN¥836.63 Million ≈ $122.43 Million |
+4.92% |
| 2004-12-31 | CN¥797.40 Million ≈ $116.68 Million |
+11.73% |
| 2003-12-31 | CN¥713.66 Million ≈ $104.43 Million |
+5.20% |
| 2002-12-31 | CN¥678.42 Million ≈ $99.27 Million |
+0.81% |
| 2001-12-31 | CN¥672.94 Million ≈ $98.47 Million |
+11.71% |
| 2000-12-31 | CN¥602.41 Million ≈ $88.15 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Hefei Department Store 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 4499.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.34 Billion | 49.72% |
| Other Components | CN¥2.36 Billion | 50.28% |
| Total Equity | CN¥4.70 Billion | 100.00% |
Hefei Department Store Group Co Ltd Competitors by Market Cap
The table below lists competitors of Hefei Department Store Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dongguan Golden Sun Abrasives Co Ltd
SHE:300606
|
$763.63 Million |
|
Zhejiang Wellsun Intelligent Tech
SHE:300882
|
$763.90 Million |
|
MRV Engenharia e Participações S.A
SA:MRVE3
|
$764.22 Million |
|
Anhui Golden Seed Winery Co Ltd
SHG:600199
|
$764.28 Million |
|
Suntront Tech
SHE:300259
|
$763.46 Million |
|
Jiangsu Canlon Building Materials Co Ltd
SHE:300715
|
$763.44 Million |
|
Clarity Pharmaceuticals Ltd
AU:CU6
|
$763.38 Million |
|
Puyang Refractories Group Co Ltd
SHE:002225
|
$763.35 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hefei Department Store Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,595,250,310 to 4,700,036,882, a change of 104,786,572 (2.3%).
- Net income of 190,573,997 contributed positively to equity growth.
- Dividend payments of 103,406,414 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥190.57 Million | +4.05% |
| Dividends Paid | CN¥103.41 Million | -2.2% |
| Other Changes | CN¥17.62 Million | +0.37% |
| Total Change | CN¥- | 2.28% |
Book Value vs Market Value Analysis
This analysis compares Hefei Department Store 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: 1.11x
- 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 1.42x to 1.11x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥4.70 | CN¥6.69 | x |
| 2018-12-31 | CN¥4.83 | CN¥6.69 | x |
| 2019-12-31 | CN¥5.09 | CN¥6.69 | x |
| 2020-12-31 | CN¥5.18 | CN¥6.69 | x |
| 2021-12-31 | CN¥5.35 | CN¥6.69 | x |
| 2022-12-31 | CN¥5.52 | CN¥6.69 | x |
| 2023-12-31 | CN¥5.89 | CN¥6.69 | x |
| 2024-12-31 | CN¥6.03 | CN¥6.69 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hefei Department Store 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): 4.05%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.71%
- • Asset Turnover: 0.53x
- • Equity Multiplier: 2.81x
- Recent ROE (4.05%) is below the historical average (9.04%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 8.75% | 6.29% | 0.81x | 1.71x | CN¥-7.11 Million |
| 2001 | 8.01% | 4.82% | 0.89x | 1.86x | CN¥-12.01 Million |
| 2002 | 4.12% | 2.16% | 0.89x | 2.14x | CN¥-36.24 Million |
| 2003 | 4.04% | 1.83% | 0.85x | 2.59x | CN¥-38.28 Million |
| 2004 | 4.53% | 1.47% | 1.11x | 2.78x | CN¥-36.91 Million |
| 2005 | 4.84% | 1.33% | 1.20x | 3.02x | CN¥-35.48 Million |
| 2006 | 7.38% | 1.64% | 1.39x | 3.25x | CN¥-18.70 Million |
| 2007 | 12.44% | 2.52% | 1.59x | 3.09x | CN¥19.62 Million |
| 2008 | 13.72% | 2.39% | 1.51x | 3.81x | CN¥32.65 Million |
| 2009 | 19.58% | 3.41% | 1.59x | 3.60x | CN¥98.23 Million |
| 2010 | 22.61% | 4.05% | 1.58x | 3.54x | CN¥159.35 Million |
| 2011 | 21.80% | 5.90% | 1.39x | 2.67x | CN¥273.19 Million |
| 2012 | 15.37% | 4.49% | 1.37x | 2.50x | CN¥142.79 Million |
| 2013 | 14.45% | 4.42% | 1.32x | 2.48x | CN¥134.89 Million |
| 2014 | 11.25% | 3.79% | 1.22x | 2.44x | CN¥40.63 Million |
| 2015 | 7.77% | 2.69% | 1.18x | 2.46x | CN¥-75.39 Million |
| 2016 | 7.94% | 2.91% | 1.06x | 2.58x | CN¥-73.62 Million |
| 2017 | 5.82% | 2.05% | 1.03x | 2.76x | CN¥-153.20 Million |
| 2018 | 5.96% | 2.10% | 1.02x | 2.79x | CN¥-152.41 Million |
| 2019 | 4.02% | 1.46% | 1.01x | 2.73x | CN¥-237.08 Million |
| 2020 | 3.39% | 2.17% | 0.57x | 2.75x | CN¥-267.10 Million |
| 2021 | 4.33% | 2.85% | 0.49x | 3.09x | CN¥-236.71 Million |
| 2022 | 3.97% | 2.71% | 0.48x | 3.04x | CN¥-259.45 Million |
| 2023 | 5.75% | 3.95% | 0.51x | 2.86x | CN¥-195.50 Million |
| 2024 | 4.05% | 2.71% | 0.53x | 2.81x | CN¥-279.43 Million |
Industry Comparison
This section compares Hefei Department Store Group Co Ltd's net assets metrics with peer companies in the Department Stores industry.
Industry Context
- Industry: Department Stores
- Average net assets among peers: $3,728,621,569
- Average return on equity (ROE) among peers: 9.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hefei Department Store Group Co Ltd (000417) | CN¥5.87 Billion | 8.75% | 1.13x | $763.47 Million |
| Changsha Tongcheng Holdings Co Ltd (000419) | $709.40 Million | 4.90% | 1.19x | $463.74 Million |
| Wushang Group Co Ltd (000501) | $1.48 Billion | 8.79% | 0.63x | $942.98 Million |
| CCOOP Group Co Ltd (000564) | $25.85 Billion | -17.56% | 0.82x | $4.62 Billion |
| Dalian Friendship Group Co Ltd (000679) | $740.14 Million | 3.92% | 1.00x | $377.58 Million |
| Zhongxing Shenyang Commercial Building Group Co Ltd (000715) | $883.51 Million | 7.10% | 0.52x | $473.70 Million |
| Easyhome New Retail Group Co Ltd (000785) | $973.21 Million | 2.68% | 1.96x | $2.35 Billion |
| Beijing Hualian Department Store Co Ltd (000882) | $140.55 Million | 36.98% | 0.74x | $660.93 Million |
| Guangzhou Grandbuy Co Ltd (002187) | $2.38 Billion | 10.01% | 0.90x | $634.86 Million |
| Better Life Commercial Chain Share Co Ltd (002251) | $403.01 Million | 30.68% | 2.74x | $1.63 Billion |
About Hefei Department Store Group Co Ltd
Hefei Department Store Group Co.,Ltd, together with its subsidiaries, operates department stores in China. The company operates department store shopping centers, supermarkets under the Jiafu name, electrical appliances stores, chain stores, cross-border direct sales centers under the Tesco name, agricultural product wholesale markets, and standardized vegetable markets. It is also involved in th… Read more