Changsha Tongcheng Holdings Co Ltd (000419) - Net Assets

Latest as of September 2025: CN¥3.82 Billion CNY ≈ $559.40 Million USD

Based on the latest financial reports, Changsha Tongcheng Holdings Co Ltd (000419) has net assets worth CN¥3.82 Billion CNY (≈ $559.40 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¥5.69 Billion ≈ $833.09 Million USD) and total liabilities (CN¥1.87 Billion ≈ $273.69 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 Changsha Tongcheng Holdings Co Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥3.82 Billion
% of Total Assets 67.15%
Annual Growth Rate 18.4%
5-Year Change 9.19%
10-Year Change 92.42%
Growth Volatility 39.38

Changsha Tongcheng Holdings Co Ltd - Net Assets Trend (1993–2024)

This chart illustrates how Changsha Tongcheng Holdings Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Changsha Tongcheng Holdings Co Ltd balance sheet assets for the complete picture of this company's asset base.

Annual Net Assets for Changsha Tongcheng Holdings Co Ltd (1993–2024)

The table below shows the annual net assets of Changsha Tongcheng Holdings Co Ltd from 1993 to 2024. For live valuation and market cap data, see 000419 stock market capitalisation.

Year Net Assets Change
2024-12-31 CN¥3.79 Billion
≈ $555.05 Million		 +8.56%
2023-12-31 CN¥3.49 Billion
≈ $511.30 Million		 +4.28%
2022-12-31 CN¥3.35 Billion
≈ $490.31 Million		 +0.49%
2021-12-31 CN¥3.33 Billion
≈ $487.92 Million		 -4.01%
2020-12-31 CN¥3.47 Billion
≈ $508.32 Million		 +8.83%
2019-12-31 CN¥3.19 Billion
≈ $467.08 Million		 +6.97%
2018-12-31 CN¥2.98 Billion
≈ $436.66 Million		 +35.63%
2017-12-31 CN¥2.20 Billion
≈ $321.95 Million		 +5.39%
2016-12-31 CN¥2.09 Billion
≈ $305.49 Million		 +5.90%
2015-12-31 CN¥1.97 Billion
≈ $288.46 Million		 +1.83%
2014-12-31 CN¥1.94 Billion
≈ $283.28 Million		 +5.77%
2013-12-31 CN¥1.83 Billion
≈ $267.81 Million		 +5.23%
2012-12-31 CN¥1.74 Billion
≈ $254.51 Million		 +4.20%
2011-12-31 CN¥1.67 Billion
≈ $244.26 Million		 +86.35%
2010-12-31 CN¥895.76 Million
≈ $131.08 Million		 +10.92%
2009-12-31 CN¥807.58 Million
≈ $118.17 Million		 -10.44%
2008-12-31 CN¥901.68 Million
≈ $131.94 Million		 +8.31%
2007-12-31 CN¥832.52 Million
≈ $121.82 Million		 +8.62%
2006-12-31 CN¥766.42 Million
≈ $112.15 Million		 +8.04%
2005-12-31 CN¥709.40 Million
≈ $103.81 Million		 +3.25%
2004-12-31 CN¥687.07 Million
≈ $100.54 Million		 +4.64%
2003-12-31 CN¥656.63 Million
≈ $96.08 Million		 +4.35%
2002-12-31 CN¥629.25 Million
≈ $92.08 Million		 +0.68%
2001-12-31 CN¥624.99 Million
≈ $91.46 Million		 +2.49%
2000-12-31 CN¥609.81 Million
≈ $89.23 Million		 +61.98%
1999-12-31 CN¥376.48 Million
≈ $55.09 Million		 +6.30%
1998-12-31 CN¥354.15 Million
≈ $51.82 Million		 +63.86%
1997-12-31 CN¥216.13 Million
≈ $31.63 Million		 +24.13%
1996-12-31 CN¥174.12 Million
≈ $25.48 Million		 +187.84%
1995-12-31 CN¥60.49 Million
≈ $8.85 Million		 +78.54%
1994-12-31 CN¥33.88 Million
≈ $4.96 Million		 +67.69%
1993-12-31 CN¥20.20 Million
≈ $2.96 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Changsha Tongcheng 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 139747498600.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥1.40 Billion 40.39%
Common Stock CN¥543.58 Million 15.71%
Other Comprehensive Income CN¥1.11 Billion 32.07%
Other Components CN¥409.31 Million 11.83%
Total Equity CN¥3.46 Billion 100.00%

Changsha Tongcheng Holdings Co Ltd Competitors by Market Cap

The table below lists competitors of Changsha Tongcheng Holdings Co Ltd ranked by their market capitalization.

Company Market Cap
Malteries Franco-Belges Société Anonyme
PA:MALT
 $463.75 Million
Minto Apartment Real Estate Investment Trust
TO:MI-UN
 $463.75 Million
NIIT LEARNING SYSTEMS LTD
NSE:NIITMTS
 $463.86 Million
Huons Global Co. Ltd
KQ:084110
 $463.90 Million
CN EVERBRIGHT WATER HD 1
F:BIU2
 $463.60 Million
Holsin Engineering Consulting
SHG:603909
 $463.46 Million
Qtone Education Group Guangdong Ltd
SHE:300359
 $463.38 Million
Banco Santander Brasil SA
BA:BSBR
 $463.35 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 3,183,078,089 to 3,460,072,712, a change of 276,994,623 (8.7%).
  • Net income of 150,257,586 contributed positively to equity growth.
  • Dividend payments of 72,442,807 reduced retained earnings.
  • Other comprehensive income increased equity by 419,593,711.
  • Other factors decreased equity by 220,413,867.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥150.26 Million +4.34%
Dividends Paid CN¥72.44 Million -2.09%
Other Comprehensive Income CN¥419.59 Million +12.13%
Other Changes CN¥-220.41 Million -6.37%
Total Change CN¥- 8.70%

Book Value vs Market Value Analysis

This analysis compares Changsha Tongcheng 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: 0.92x
  • 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 44.88x to 0.92x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1995-12-31 CN¥0.13 CN¥5.83 x
1996-12-31 CN¥0.37 CN¥5.83 x
1997-12-31 CN¥0.46 CN¥5.83 x
1998-12-31 CN¥0.69 CN¥5.83 x
1999-12-31 CN¥0.73 CN¥5.83 x
2000-12-31 CN¥1.22 CN¥5.83 x
2001-12-31 CN¥1.18 CN¥5.83 x
2002-12-31 CN¥1.23 CN¥5.83 x
2003-12-31 CN¥1.28 CN¥5.83 x
2004-12-31 CN¥1.33 CN¥5.83 x
2005-12-31 CN¥1.37 CN¥5.83 x
2006-12-31 CN¥1.47 CN¥5.83 x
2007-12-31 CN¥1.55 CN¥5.83 x
2008-12-31 CN¥1.61 CN¥5.83 x
2009-12-31 CN¥1.65 CN¥5.83 x
2010-12-31 CN¥1.80 CN¥5.83 x
2011-12-31 CN¥3.20 CN¥5.83 x
2012-12-31 CN¥3.08 CN¥5.83 x
2013-12-31 CN¥3.26 CN¥5.83 x
2014-12-31 CN¥3.43 CN¥5.83 x
2015-12-31 CN¥3.39 CN¥5.83 x
2016-12-31 CN¥3.58 CN¥5.83 x
2017-12-31 CN¥3.69 CN¥5.83 x
2018-12-31 CN¥5.09 CN¥5.83 x
2019-12-31 CN¥5.36 CN¥5.83 x
2020-12-31 CN¥5.83 CN¥5.83 x
2021-12-31 CN¥5.56 CN¥5.83 x
2022-12-31 CN¥5.61 CN¥5.83 x
2023-12-31 CN¥5.86 CN¥5.83 x
2024-12-31 CN¥6.37 CN¥5.83 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Changsha Tongcheng 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): 4.34%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 7.22%
  • • Asset Turnover: 0.35x
  • • Equity Multiplier: 1.72x
  • Recent ROE (4.34%) is below the historical average (8.07%), 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 22.56% 2.89% 2.88x 2.71x CN¥7.60 Million
1996 16.81% 5.80% 1.79x 1.62x CN¥11.86 Million
1997 19.44% 8.39% 1.49x 1.56x CN¥20.40 Million
1998 14.46% 7.78% 0.67x 2.76x CN¥14.41 Million
1999 11.21% 5.88% 0.72x 2.64x CN¥4.11 Million
2000 6.31% 5.42% 0.59x 1.96x CN¥-20.92 Million
2001 3.53% 2.99% 0.59x 1.99x CN¥-35.50 Million
2002 3.78% 3.13% 0.61x 1.97x CN¥-35.61 Million
2003 3.85% 3.28% 0.53x 2.22x CN¥-36.60 Million
2004 3.78% 2.65% 0.53x 2.69x CN¥-38.51 Million
2005 5.47% 3.57% 0.63x 2.44x CN¥-28.83 Million
2006 7.68% 4.58% 0.65x 2.59x CN¥-15.94 Million
2007 7.41% 3.36% 0.83x 2.65x CN¥-18.78 Million
2008 5.16% 2.14% 0.78x 3.07x CN¥-36.34 Million
2009 7.40% 2.36% 0.84x 3.72x CN¥-20.02 Million
2010 12.58% 3.20% 1.03x 3.81x CN¥21.63 Million
2011 13.42% 5.75% 1.05x 2.22x CN¥55.17 Million
2012 9.27% 3.97% 1.05x 2.21x CN¥-12.26 Million
2013 8.56% 3.52% 1.13x 2.15x CN¥-25.60 Million
2014 7.69% 3.29% 1.15x 2.03x CN¥-43.06 Million
2015 5.55% 2.42% 1.10x 2.08x CN¥-81.98 Million
2016 5.25% 2.65% 0.97x 2.04x CN¥-92.37 Million
2017 6.37% 3.16% 0.97x 2.07x CN¥-72.96 Million
2018 5.12% 3.59% 0.80x 1.78x CN¥-135.04 Million
2019 5.99% 4.79% 0.71x 1.75x CN¥-116.93 Million
2020 5.71% 7.81% 0.43x 1.68x CN¥-135.89 Million
2021 4.58% 5.95% 0.40x 1.92x CN¥-163.80 Million
2022 4.78% 6.84% 0.41x 1.72x CN¥-159.00 Million
2023 4.07% 6.08% 0.40x 1.69x CN¥-188.70 Million
2024 4.34% 7.22% 0.35x 1.72x CN¥-195.75 Million

Industry Comparison

This section compares Changsha Tongcheng Holdings Co Ltd's net assets metrics with peer companies in the Department Stores industry.

Industry Context

  • Industry: Department Stores
  • Average net assets among peers: $3,725,179,094
  • Average return on equity (ROE) among peers: 9.59%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Changsha Tongcheng Holdings Co Ltd (000419) CN¥3.82 Billion 22.56% 0.49x $463.74 Million
Hefei Department Store Group Co Ltd (000417) $678.42 Million 3.74% 0.95x $763.47 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 Changsha Tongcheng Holdings Co Ltd

SHE:000419 China Department Stores
Market Cap
$463.74 Million
CN¥3.17 Billion CNY
Market Cap Rank
#12921 Global
#4051 in China
Share Price
CN¥5.83
Change (1 day)
+1.22%
52-Week Range
CN¥5.34 - CN¥7.05
All Time High
CN¥8.11
Categories
Companies in China Department Stores
About

Changsha Tongcheng Holdings Co.Ltd, together with its subsidiaries, engages in the commercial retail, business in China. It operates through Commercial Retail, Hotel Tourism, and Comprehensive Investment segments. The company operates shopping centers, department stores, electrical appliances chains, second-hand luxury goods franchises, and online professional platforms; and offers professional w… Read more