Wushang Group Co Ltd
Wushang Group Co., Ltd. engages in the commercial retail business in Hubei province, China. The company operates shopping malls and supermarket chains. It is also involved in the real estate development and property management; asset management; import and export trading; ice and snow culture management; exhibition design and production; wholesale, diversification, and capital market business; sh… Read more
Wushang Group Co Ltd (000501) - Net Assets
Latest net assets as of September 2025: CN¥10.96 Billion CNY
Based on the latest financial reports, Wushang Group Co Ltd (000501) has net assets worth CN¥10.96 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¥31.05 Billion) and total liabilities (CN¥20.09 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¥10.96 Billion |
| % of Total Assets | 35.29% |
| Annual Growth Rate | 16.49% |
| 5-Year Change | 10.72% |
| 10-Year Change | 165.94% |
| Growth Volatility | 64.22 |
Wushang Group Co Ltd - Net Assets Trend (1989–2024)
This chart illustrates how Wushang Group 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 Wushang Group Co Ltd (1989–2024)
The table below shows the annual net assets of Wushang Group Co Ltd from 1989 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥10.98 Billion | -0.53% |
| 2023-12-31 | CN¥11.04 Billion | +2.08% |
| 2022-12-31 | CN¥10.81 Billion | +1.26% |
| 2021-12-31 | CN¥10.68 Billion | +7.69% |
| 2020-12-31 | CN¥9.92 Billion | +4.26% |
| 2019-12-31 | CN¥9.51 Billion | +15.28% |
| 2018-12-31 | CN¥8.25 Billion | +14.92% |
| 2017-12-31 | CN¥7.18 Billion | +18.57% |
| 2016-12-31 | CN¥6.05 Billion | +46.65% |
| 2015-12-31 | CN¥4.13 Billion | +9.66% |
| 2014-12-31 | CN¥3.76 Billion | +20.41% |
| 2013-12-31 | CN¥3.13 Billion | +18.47% |
| 2012-12-31 | CN¥2.64 Billion | +18.13% |
| 2011-12-31 | CN¥2.23 Billion | +20.78% |
| 2010-12-31 | CN¥1.85 Billion | +18.89% |
| 2009-12-31 | CN¥1.56 Billion | +1.22% |
| 2008-12-31 | CN¥1.54 Billion | +18.44% |
| 2007-12-31 | CN¥1.30 Billion | +21.92% |
| 2006-12-31 | CN¥1.06 Billion | +2.32% |
| 2005-12-31 | CN¥1.04 Billion | +6.69% |
| 2004-12-31 | CN¥974.95 Million | -13.87% |
| 2003-12-31 | CN¥1.13 Billion | -3.45% |
| 2002-12-31 | CN¥1.17 Billion | +0.47% |
| 2001-12-31 | CN¥1.17 Billion | -15.09% |
| 2000-12-31 | CN¥1.37 Billion | +3.26% |
| 1999-12-31 | CN¥1.33 Billion | -12.60% |
| 1998-12-31 | CN¥1.52 Billion | +3.09% |
| 1997-12-31 | CN¥1.48 Billion | +29.33% |
| 1996-12-31 | CN¥1.14 Billion | +13.39% |
| 1995-12-31 | CN¥1.01 Billion | -3.79% |
| 1994-12-31 | CN¥1.05 Billion | +12.94% |
| 1993-12-31 | CN¥927.06 Million | +163.39% |
| 1992-12-31 | CN¥351.97 Million | +356.46% |
| 1991-12-31 | CN¥77.11 Million | +59.59% |
| 1990-12-31 | CN¥48.32 Million | -8.05% |
| 1989-12-31 | CN¥52.55 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Wushang 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 677669947100.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥6.78 Billion | 61.74% |
| Common Stock | CN¥768.99 Million | 7.01% |
| Other Comprehensive Income | CN¥2.14 Billion | 19.54% |
| Other Components | CN¥1.29 Billion | 11.72% |
| Total Equity | CN¥10.98 Billion | 100.00% |
Wushang Group Co Ltd Competitors by Market Cap
The table below lists competitors of Wushang Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Paradise Co. Ltd
KQ:034230
|
$549.25 Million |
|
PCBL LIMITED
NSE:PCBL
|
$549.42 Million |
|
Appier Group Inc.
PINK:APPIF
|
$549.45 Million |
|
HERITAGE IN.HLDGS DL-0001
F:11H
|
$549.70 Million |
|
Grocery Outlet Holding Corp
NASDAQ:GO
|
$549.10 Million |
|
Alerus Financial Corp
NASDAQ:ALRS
|
$549.02 Million |
|
Eastman Kodak Co
NYSE:KODK
|
$548.99 Million |
|
JOHNSON SVC. LS-10
F:5K7
|
$548.86 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wushang Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 11,037,050,361 to 10,976,763,782, a change of -60,286,579 (-0.5%).
- Net income of 215,989,860 contributed positively to equity growth.
- Dividend payments of 498,195,700 reduced retained earnings.
- Share repurchases of 143,587,676 reduced equity.
- Other comprehensive income decreased equity by 18,408,530.
- Other factors increased equity by 383,915,467.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥215.99 Million | +1.97% |
| Dividends Paid | CN¥498.20 Million | -4.54% |
| Share Repurchases | CN¥143.59 Million | -1.31% |
| Other Comprehensive Income | CN¥-18.41 Million | -0.17% |
| Other Changes | CN¥383.92 Million | +3.5% |
| Total Change | CN¥- | -0.55% |
Book Value vs Market Value Analysis
This analysis compares Wushang 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: 0.61x
- 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 76.32x to 0.61x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1991-12-31 | CN¥0.12 | CN¥8.99 | x |
| 1992-12-31 | CN¥0.52 | CN¥8.99 | x |
| 1993-12-31 | CN¥1.27 | CN¥8.99 | x |
| 1994-12-31 | CN¥1.39 | CN¥8.99 | x |
| 1995-12-31 | CN¥1.35 | CN¥8.99 | x |
| 1996-12-31 | CN¥1.52 | CN¥8.99 | x |
| 1997-12-31 | CN¥2.05 | CN¥8.99 | x |
| 1998-12-31 | CN¥2.02 | CN¥8.99 | x |
| 1999-12-31 | CN¥1.75 | CN¥8.99 | x |
| 2000-12-31 | CN¥1.78 | CN¥8.99 | x |
| 2001-12-31 | CN¥1.49 | CN¥8.99 | x |
| 2002-12-31 | CN¥1.51 | CN¥8.99 | x |
| 2003-12-31 | CN¥1.44 | CN¥8.99 | x |
| 2004-12-31 | CN¥1.34 | CN¥8.99 | x |
| 2005-12-31 | CN¥1.35 | CN¥8.99 | x |
| 2006-12-31 | CN¥1.34 | CN¥8.99 | x |
| 2007-12-31 | CN¥1.67 | CN¥8.99 | x |
| 2008-12-31 | CN¥1.96 | CN¥8.99 | x |
| 2009-12-31 | CN¥2.14 | CN¥8.99 | x |
| 2010-12-31 | CN¥2.60 | CN¥8.99 | x |
| 2011-12-31 | CN¥3.08 | CN¥8.99 | x |
| 2012-12-31 | CN¥3.67 | CN¥8.99 | x |
| 2013-12-31 | CN¥4.41 | CN¥8.99 | x |
| 2014-12-31 | CN¥5.39 | CN¥8.99 | x |
| 2015-12-31 | CN¥6.24 | CN¥8.99 | x |
| 2016-12-31 | CN¥8.24 | CN¥8.99 | x |
| 2017-12-31 | CN¥9.54 | CN¥8.99 | x |
| 2018-12-31 | CN¥10.84 | CN¥8.99 | x |
| 2019-12-31 | CN¥12.37 | CN¥8.99 | x |
| 2020-12-31 | CN¥12.89 | CN¥8.99 | x |
| 2021-12-31 | CN¥13.89 | CN¥8.99 | x |
| 2022-12-31 | CN¥14.06 | CN¥8.99 | x |
| 2023-12-31 | CN¥14.25 | CN¥8.99 | x |
| 2024-12-31 | CN¥14.64 | CN¥8.99 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wushang 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): 1.97%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.22%
- • Asset Turnover: 0.22x
- • Equity Multiplier: 2.77x
- Recent ROE (1.97%) is below the historical average (9.01%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1991 | 16.23% | 2.66% | 2.86x | 2.14x | CN¥4.80 Million |
| 1992 | 7.39% | 4.02% | 1.35x | 1.36x | CN¥-8.96 Million |
| 1993 | 14.57% | 9.24% | 1.21x | 1.30x | CN¥37.89 Million |
| 1994 | 15.04% | 10.22% | 1.05x | 1.41x | CN¥45.77 Million |
| 1995 | 9.13% | 5.15% | 1.02x | 1.75x | CN¥-7.68 Million |
| 1996 | 11.81% | 7.54% | 0.74x | 2.12x | CN¥18.01 Million |
| 1997 | 9.68% | 7.70% | 0.70x | 1.79x | CN¥-4.35 Million |
| 1998 | 2.37% | 1.79% | 0.61x | 2.17x | CN¥-101.15 Million |
| 1999 | 2.28% | 1.57% | 0.56x | 2.60x | CN¥-88.38 Million |
| 2000 | 2.01% | 1.18% | 0.61x | 2.79x | CN¥-93.18 Million |
| 2001 | -9.93% | -4.36% | 0.68x | 3.36x | CN¥-194.57 Million |
| 2002 | 0.14% | 0.05% | 0.78x | 3.57x | CN¥-97.34 Million |
| 2003 | 0.21% | 0.06% | 0.94x | 3.81x | CN¥-92.37 Million |
| 2004 | -7.91% | -1.80% | 1.17x | 3.76x | CN¥-156.56 Million |
| 2005 | 1.24% | 0.26% | 1.28x | 3.69x | CN¥-77.65 Million |
| 2006 | 4.32% | 0.85% | 1.37x | 3.72x | CN¥-51.95 Million |
| 2007 | 14.25% | 2.95% | 1.24x | 3.89x | CN¥46.59 Million |
| 2008 | 14.15% | 2.72% | 1.28x | 4.06x | CN¥52.94 Million |
| 2009 | 16.91% | 3.01% | 1.36x | 4.14x | CN¥97.52 Million |
| 2010 | 17.16% | 2.79% | 1.41x | 4.36x | CN¥122.49 Million |
| 2011 | 16.24% | 2.60% | 1.31x | 4.75x | CN¥127.28 Million |
| 2012 | 16.56% | 2.70% | 1.35x | 4.54x | CN¥159.36 Million |
| 2013 | 16.06% | 2.76% | 1.33x | 4.36x | CN¥175.55 Million |
| 2014 | 18.55% | 3.84% | 1.10x | 4.40x | CN¥304.10 Million |
| 2015 | 19.36% | 4.56% | 0.99x | 4.30x | CN¥386.36 Million |
| 2016 | 16.38% | 5.61% | 0.99x | 2.94x | CN¥386.26 Million |
| 2017 | 17.29% | 6.85% | 1.01x | 2.51x | CN¥523.55 Million |
| 2018 | 12.73% | 5.93% | 0.77x | 2.77x | CN¥225.04 Million |
| 2019 | 12.88% | 6.90% | 0.75x | 2.48x | CN¥274.02 Million |
| 2020 | 5.52% | 7.17% | 0.34x | 2.30x | CN¥-444.09 Million |
| 2021 | 7.05% | 10.56% | 0.25x | 2.64x | CN¥-315.34 Million |
| 2022 | 2.79% | 4.76% | 0.21x | 2.84x | CN¥-779.46 Million |
| 2023 | 1.89% | 2.91% | 0.23x | 2.88x | CN¥-894.63 Million |
| 2024 | 1.97% | 3.22% | 0.22x | 2.77x | CN¥-881.69 Million |
Industry Comparison
This section compares Wushang 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: $3,760,986,961
- Average return on equity (ROE) among peers: 9.92%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wushang Group Co Ltd (000501) | CN¥10.96 Billion | 16.23% | 1.83x | $549.14 Million |
| Hefei Department Store Group Co Ltd (000417) | $3.72 Billion | 9.85% | 1.14x | $183.52 Million |
| Changsha Tongcheng Holdings Co Ltd (000419) | $216.13 Million | 19.44% | 0.56x | $227.08 Million |
| CCOOP Group Co Ltd (000564) | $648.17 Million | 8.80% | 0.99x | $3.83 Billion |
| Dalian Friendship Group Co Ltd (000679) | $2.09 Billion | 2.71% | 3.27x | $232.35 Million |
| Zhongxing Shenyang Commercial Building Group Co Ltd (000715) | $682.33 Million | 7.80% | 0.41x | $199.18 Million |
| Easyhome New Retail Group Co Ltd (000785) | $20.72 Billion | 6.55% | 0.90x | $1.02 Billion |
| Guangzhou Grandbuy Co Ltd (002187) | $3.99 Billion | -3.63% | 1.20x | $406.04 Million |
| Better Life Commercial Chain Share Co Ltd (002251) | $175.99 Million | 42.02% | 3.35x | $1.30 Billion |
| New Huadu Supercenter Co Ltd (002264) | $1.61 Billion | -4.25% | 1.18x | $394.48 Million |