Wushang Group Co Ltd (000501) - Net Assets

Latest as of September 2025: CN¥10.96 Billion CNY ≈ $1.60 Billion USD

Based on the latest financial reports, Wushang Group Co Ltd (000501) has net assets worth CN¥10.96 Billion CNY (≈ $1.60 Billion 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¥31.05 Billion ≈ $4.54 Billion USD) and total liabilities (CN¥20.09 Billion ≈ $2.94 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 financial resilience of Wushang Group Co Ltd to evaluate the company's liquid asset resilience ratio.

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. Also explore 000501 total asset value for the complete picture of this company's asset base.

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. For live valuation and market cap data, see Wushang Group Co Ltd (000501) total market value.

Year Net Assets Change
2024-12-31 CN¥10.98 Billion
≈ $1.61 Billion		 -0.53%
2023-12-31 CN¥11.04 Billion
≈ $1.62 Billion		 +2.08%
2022-12-31 CN¥10.81 Billion
≈ $1.58 Billion		 +1.26%
2021-12-31 CN¥10.68 Billion
≈ $1.56 Billion		 +7.69%
2020-12-31 CN¥9.92 Billion
≈ $1.45 Billion		 +4.26%
2019-12-31 CN¥9.51 Billion
≈ $1.39 Billion		 +15.28%
2018-12-31 CN¥8.25 Billion
≈ $1.21 Billion		 +14.92%
2017-12-31 CN¥7.18 Billion
≈ $1.05 Billion		 +18.57%
2016-12-31 CN¥6.05 Billion
≈ $885.85 Million		 +46.65%
2015-12-31 CN¥4.13 Billion
≈ $604.07 Million		 +9.66%
2014-12-31 CN¥3.76 Billion
≈ $550.87 Million		 +20.41%
2013-12-31 CN¥3.13 Billion
≈ $457.51 Million		 +18.47%
2012-12-31 CN¥2.64 Billion
≈ $386.18 Million		 +18.13%
2011-12-31 CN¥2.23 Billion
≈ $326.91 Million		 +20.78%
2010-12-31 CN¥1.85 Billion
≈ $270.66 Million		 +18.89%
2009-12-31 CN¥1.56 Billion
≈ $227.65 Million		 +1.22%
2008-12-31 CN¥1.54 Billion
≈ $224.90 Million		 +18.44%
2007-12-31 CN¥1.30 Billion
≈ $189.88 Million		 +21.92%
2006-12-31 CN¥1.06 Billion
≈ $155.74 Million		 +2.32%
2005-12-31 CN¥1.04 Billion
≈ $152.21 Million		 +6.69%
2004-12-31 CN¥974.95 Million
≈ $142.67 Million		 -13.87%
2003-12-31 CN¥1.13 Billion
≈ $165.64 Million		 -3.45%
2002-12-31 CN¥1.17 Billion
≈ $171.57 Million		 +0.47%
2001-12-31 CN¥1.17 Billion
≈ $170.76 Million		 -15.09%
2000-12-31 CN¥1.37 Billion
≈ $201.12 Million		 +3.26%
1999-12-31 CN¥1.33 Billion
≈ $194.77 Million		 -12.60%
1998-12-31 CN¥1.52 Billion
≈ $222.85 Million		 +3.09%
1997-12-31 CN¥1.48 Billion
≈ $216.17 Million		 +29.33%
1996-12-31 CN¥1.14 Billion
≈ $167.14 Million		 +13.39%
1995-12-31 CN¥1.01 Billion
≈ $147.40 Million		 -3.79%
1994-12-31 CN¥1.05 Billion
≈ $153.21 Million		 +12.94%
1993-12-31 CN¥927.06 Million
≈ $135.66 Million		 +163.39%
1992-12-31 CN¥351.97 Million
≈ $51.50 Million		 +356.46%
1991-12-31 CN¥77.11 Million
≈ $11.28 Million		 +59.59%
1990-12-31 CN¥48.32 Million
≈ $7.07 Million		 -8.05%
1989-12-31 CN¥52.55 Million
≈ $7.69 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
Hubei Huitian New Materials
SHE:300041
 $943.06 Million
Zhejiang Xiantong Rubber&Plastic Co Ltd
SHG:603239
 $943.23 Million
Ategrity Specialty Insurance Company Holdings
NYSE:ASIC
 $943.55 Million
Standard Lithium Ltd
NYSE MKT:SLI
 $943.58 Million
HDC Holdings Co Ltd
KO:012630
 $942.66 Million
Rainbow Department Store Co Ltd
SHE:002419
 $942.43 Million
Accel Entertainment Inc
NYSE:ACEL
 $941.91 Million
Graham Corporation
NYSE:GHM
 $941.85 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: 0.57x
  • 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 71.14x to 0.57x 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¥8.38 x
1992-12-31 CN¥0.52 CN¥8.38 x
1993-12-31 CN¥1.27 CN¥8.38 x
1994-12-31 CN¥1.39 CN¥8.38 x
1995-12-31 CN¥1.35 CN¥8.38 x
1996-12-31 CN¥1.52 CN¥8.38 x
1997-12-31 CN¥2.05 CN¥8.38 x
1998-12-31 CN¥2.02 CN¥8.38 x
1999-12-31 CN¥1.75 CN¥8.38 x
2000-12-31 CN¥1.78 CN¥8.38 x
2001-12-31 CN¥1.49 CN¥8.38 x
2002-12-31 CN¥1.51 CN¥8.38 x
2003-12-31 CN¥1.44 CN¥8.38 x
2004-12-31 CN¥1.34 CN¥8.38 x
2005-12-31 CN¥1.35 CN¥8.38 x
2006-12-31 CN¥1.34 CN¥8.38 x
2007-12-31 CN¥1.67 CN¥8.38 x
2008-12-31 CN¥1.96 CN¥8.38 x
2009-12-31 CN¥2.14 CN¥8.38 x
2010-12-31 CN¥2.60 CN¥8.38 x
2011-12-31 CN¥3.08 CN¥8.38 x
2012-12-31 CN¥3.67 CN¥8.38 x
2013-12-31 CN¥4.41 CN¥8.38 x
2014-12-31 CN¥5.39 CN¥8.38 x
2015-12-31 CN¥6.24 CN¥8.38 x
2016-12-31 CN¥8.24 CN¥8.38 x
2017-12-31 CN¥9.54 CN¥8.38 x
2018-12-31 CN¥10.84 CN¥8.38 x
2019-12-31 CN¥12.37 CN¥8.38 x
2020-12-31 CN¥12.89 CN¥8.38 x
2021-12-31 CN¥13.89 CN¥8.38 x
2022-12-31 CN¥14.06 CN¥8.38 x
2023-12-31 CN¥14.25 CN¥8.38 x
2024-12-31 CN¥14.64 CN¥8.38 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: $4,503,502,984
  • Average return on equity (ROE) among peers: 8.23%

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 $942.98 Million
Hefei Department Store Group Co Ltd (000417) $5.59 Billion 4.73% 1.35x $763.47 Million
Changsha Tongcheng Holdings Co Ltd (000419) $709.40 Million 4.90% 1.19x $463.74 Million
CCOOP Group Co Ltd (000564) $252.99 Million 13.64% 0.97x $4.62 Billion
Dalian Friendship Group Co Ltd (000679) $689.75 Million 6.78% 0.97x $377.58 Million
Zhongxing Shenyang Commercial Building Group Co Ltd (000715) $403.23 Million 13.19% 0.64x $473.70 Million
Easyhome New Retail Group Co Ltd (000785) $20.24 Billion 11.38% 1.78x $2.35 Billion
Beijing Hualian Department Store Co Ltd (000882) $390.36 Million 3.81% 0.51x $660.93 Million
Guangzhou Grandbuy Co Ltd (002187) $4.04 Billion 0.90% 1.43x $634.86 Million
Better Life Commercial Chain Share Co Ltd (002251) $8.22 Billion 14.74% 1.69x $1.63 Billion

About Wushang Group Co Ltd

SHE:000501 China Department Stores
Market Cap
$942.98 Million
CN¥6.44 Billion CNY
Market Cap Rank
#9354 Global
#2550 in China
Share Price
CN¥8.38
Change (1 day)
-0.12%
52-Week Range
CN¥7.98 - CN¥12.56
All Time High
CN¥25.05
Categories
Companies in China Department Stores
About

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