Rongan Property Co Ltd
Rongan Property Co.,Ltd. develops and sells real estate properties in China. The company develops residential and commercial properties, business stores, and office buildings. It also offers property management services. Rongan Property Co.,Ltd. was founded in 1965 and is headquartered in Ningbo, China.
Rongan Property Co Ltd (000517) - Net Assets
Latest net assets as of September 2025: CN¥6.29 Billion CNY
Based on the latest financial reports, Rongan Property Co Ltd (000517) has net assets worth CN¥6.29 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¥14.02 Billion) and total liabilities (CN¥7.73 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¥6.29 Billion |
| % of Total Assets | 44.87% |
| Annual Growth Rate | 18.93% |
| 5-Year Change | -38.61% |
| 10-Year Change | 78.45% |
| Growth Volatility | 94.45 |
Rongan Property Co Ltd - Net Assets Trend (1992–2024)
This chart illustrates how Rongan Property 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 Rongan Property Co Ltd (1992–2024)
The table below shows the annual net assets of Rongan Property Co Ltd from 1992 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥6.47 Billion | -33.07% |
| 2023-12-31 | CN¥9.66 Billion | -10.46% |
| 2022-12-31 | CN¥10.79 Billion | -27.11% |
| 2021-12-31 | CN¥14.80 Billion | +40.54% |
| 2020-12-31 | CN¥10.53 Billion | +56.05% |
| 2019-12-31 | CN¥6.75 Billion | +41.53% |
| 2018-12-31 | CN¥4.77 Billion | +12.53% |
| 2017-12-31 | CN¥4.24 Billion | +15.26% |
| 2016-12-31 | CN¥3.68 Billion | +1.47% |
| 2015-12-31 | CN¥3.62 Billion | -1.28% |
| 2014-12-31 | CN¥3.67 Billion | +12.75% |
| 2013-12-31 | CN¥3.25 Billion | +16.18% |
| 2012-12-31 | CN¥2.80 Billion | +21.26% |
| 2011-12-31 | CN¥2.31 Billion | +21.24% |
| 2010-12-31 | CN¥1.91 Billion | +14.86% |
| 2009-12-31 | CN¥1.66 Billion | +9903.14% |
| 2008-12-31 | CN¥-16.92 Million | +84.36% |
| 2007-12-31 | CN¥-108.19 Million | +22.06% |
| 2006-12-31 | CN¥-138.80 Million | -20.39% |
| 2005-12-31 | CN¥-115.29 Million | -143.62% |
| 2004-12-31 | CN¥264.28 Million | -67.77% |
| 2003-12-31 | CN¥819.92 Million | +2.29% |
| 2002-12-31 | CN¥801.58 Million | +158.82% |
| 2001-12-31 | CN¥309.71 Million | +16.78% |
| 2000-12-31 | CN¥265.21 Million | +29.99% |
| 1999-12-31 | CN¥204.03 Million | +10.03% |
| 1998-12-31 | CN¥185.43 Million | -6.22% |
| 1997-12-31 | CN¥197.72 Million | +2.61% |
| 1996-12-31 | CN¥192.70 Million | +8.58% |
| 1995-12-31 | CN¥177.47 Million | -2.23% |
| 1994-12-31 | CN¥181.52 Million | +31.01% |
| 1993-12-31 | CN¥138.55 Million | +450.25% |
| 1992-12-31 | CN¥25.18 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Rongan Property 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 345796530100.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥3.46 Billion | 59.43% |
| Common Stock | CN¥3.18 Billion | 54.72% |
| Other Comprehensive Income | CN¥962.66 Million | 16.55% |
| Total Equity | CN¥5.82 Billion | 100.00% |
Rongan Property Co Ltd Competitors by Market Cap
The table below lists competitors of Rongan Property Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ningbo Fangzheng Automobile Mould Co.Ltd.
SHE:300998
|
$214.22 Million |
|
Highbroad Advanced Material (Hefei) Co. Ltd. A
SHE:301321
|
$214.23 Million |
|
Gigastorage Corp
TW:2406
|
$214.24 Million |
|
Enplas Corporation
OTCGREY:ENPSF
|
$214.33 Million |
|
Inveo Yatirim Holding AS
IS:INVEO
|
$214.17 Million |
|
Sino-Ocean Group Holding Limited
PINK:SIOLF
|
$214.06 Million |
|
River Financial Corporation
PINK:RVRF
|
$213.95 Million |
|
HengFeng Information Technology Co Ltd
SHE:300605
|
$213.93 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Rongan Property Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 8,567,965,906 to 5,818,173,969, a change of -2,749,791,937 (-32.1%).
- Net loss of 1,730,936,741 reduced equity.
- Dividend payments of 465,606,697 reduced retained earnings.
- Other comprehensive income increased equity by 962,657,307.
- Other factors decreased equity by 1,515,905,806.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-1.73 Billion | -29.75% |
| Dividends Paid | CN¥465.61 Million | -8.0% |
| Other Comprehensive Income | CN¥962.66 Million | +16.55% |
| Other Changes | CN¥-1.52 Billion | -26.05% |
| Total Change | CN¥- | -32.09% |
Book Value vs Market Value Analysis
This analysis compares Rongan Property 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: 1.17x
- 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 56.94x to 1.17x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1992-12-31 | CN¥0.04 | CN¥2.13 | x |
| 1993-12-31 | CN¥0.21 | CN¥2.13 | x |
| 1994-12-31 | CN¥0.27 | CN¥2.13 | x |
| 1995-12-31 | CN¥0.26 | CN¥2.13 | x |
| 1996-12-31 | CN¥0.28 | CN¥2.13 | x |
| 1997-12-31 | CN¥0.29 | CN¥2.13 | x |
| 1998-12-31 | CN¥0.27 | CN¥2.13 | x |
| 1999-12-31 | CN¥0.30 | CN¥2.13 | x |
| 2000-12-31 | CN¥0.38 | CN¥2.13 | x |
| 2001-12-31 | CN¥0.43 | CN¥2.13 | x |
| 2002-12-31 | CN¥1.16 | CN¥2.13 | x |
| 2003-12-31 | CN¥1.20 | CN¥2.13 | x |
| 2004-12-31 | CN¥0.38 | CN¥2.13 | x |
| 2005-12-31 | CN¥-0.18 | CN¥2.13 | x |
| 2006-12-31 | CN¥-0.21 | CN¥2.13 | x |
| 2007-12-31 | CN¥-0.15 | CN¥2.13 | x |
| 2008-12-31 | CN¥-0.01 | CN¥2.13 | x |
| 2009-12-31 | CN¥0.56 | CN¥2.13 | x |
| 2010-12-31 | CN¥0.60 | CN¥2.13 | x |
| 2011-12-31 | CN¥0.73 | CN¥2.13 | x |
| 2012-12-31 | CN¥0.88 | CN¥2.13 | x |
| 2013-12-31 | CN¥1.02 | CN¥2.13 | x |
| 2014-12-31 | CN¥1.15 | CN¥2.13 | x |
| 2015-12-31 | CN¥1.14 | CN¥2.13 | x |
| 2016-12-31 | CN¥1.16 | CN¥2.13 | x |
| 2017-12-31 | CN¥1.33 | CN¥2.13 | x |
| 2018-12-31 | CN¥1.49 | CN¥2.13 | x |
| 2019-12-31 | CN¥2.11 | CN¥2.13 | x |
| 2020-12-31 | CN¥2.58 | CN¥2.13 | x |
| 2021-12-31 | CN¥2.87 | CN¥2.13 | x |
| 2022-12-31 | CN¥2.88 | CN¥2.13 | x |
| 2023-12-31 | CN¥2.69 | CN¥2.13 | x |
| 2024-12-31 | CN¥1.83 | CN¥2.13 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Rongan Property 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): -29.75%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7.22%
- • Asset Turnover: 1.26x
- • Equity Multiplier: 3.27x
- Recent ROE (-29.75%) is below the historical average (7.19%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1992 | 13.96% | 11.40% | 0.59x | 2.08x | CN¥997.60K |
| 1993 | 9.54% | 21.73% | 0.36x | 1.21x | CN¥-636.51K |
| 1994 | 7.74% | 24.94% | 0.23x | 1.37x | CN¥-4.07 Million |
| 1995 | 9.81% | 24.35% | 0.26x | 1.55x | CN¥-342.14K |
| 1996 | 5.82% | 14.54% | 0.28x | 1.42x | CN¥-7.97 Million |
| 1997 | 2.91% | 7.71% | 0.28x | 1.35x | CN¥-13.92 Million |
| 1998 | -6.70% | -12.57% | 0.32x | 1.68x | CN¥-30.76 Million |
| 1999 | 14.43% | 60.57% | 0.17x | 1.41x | CN¥8.90 Million |
| 2000 | 21.47% | 26.74% | 0.36x | 2.25x | CN¥29.10 Million |
| 2001 | 17.09% | 10.03% | 0.65x | 2.61x | CN¥20.58 Million |
| 2002 | 4.57% | 6.45% | 0.45x | 1.57x | CN¥-42.47 Million |
| 2003 | 2.22% | 2.76% | 0.44x | 1.83x | CN¥-62.90 Million |
| 2004 | -57.26% | -25.01% | 0.48x | 4.73x | CN¥-172.19 Million |
| 2005 | 0.00% | -131.04% | 0.23x | 0.00x | CN¥-233.25 Million |
| 2006 | 0.00% | 35.19% | 0.12x | 0.00x | CN¥39.25 Million |
| 2007 | 0.00% | 189.98% | 0.06x | 0.00x | CN¥37.04 Million |
| 2008 | 0.00% | -2841.68% | 1.79x | 0.00x | CN¥-66.64 Million |
| 2009 | 48.92% | 40.75% | 0.40x | 3.02x | CN¥645.73 Million |
| 2010 | 12.94% | 19.73% | 0.17x | 3.77x | CN¥56.00 Million |
| 2011 | 17.52% | 24.87% | 0.16x | 4.47x | CN¥173.71 Million |
| 2012 | 15.14% | 20.64% | 0.19x | 3.83x | CN¥144.11 Million |
| 2013 | 13.96% | 9.79% | 0.56x | 2.53x | CN¥129.01 Million |
| 2014 | 8.18% | 8.74% | 0.57x | 1.64x | CN¥-66.87 Million |
| 2015 | 2.85% | 9.18% | 0.14x | 2.19x | CN¥-259.06 Million |
| 2016 | 4.05% | 8.62% | 0.16x | 3.02x | CN¥-218.73 Million |
| 2017 | 12.84% | 12.70% | 0.32x | 3.13x | CN¥119.92 Million |
| 2018 | 12.81% | 15.34% | 0.16x | 5.12x | CN¥133.61 Million |
| 2019 | 28.17% | 28.35% | 0.17x | 5.97x | CN¥1.22 Billion |
| 2020 | 21.22% | 15.59% | 0.16x | 8.25x | CN¥921.53 Million |
| 2021 | 11.89% | 5.97% | 0.22x | 9.13x | CN¥172.92 Million |
| 2022 | 6.87% | 4.46% | 0.19x | 7.99x | CN¥-287.35 Million |
| 2023 | 4.17% | 1.60% | 0.46x | 5.64x | CN¥-499.30 Million |
| 2024 | -29.75% | -7.22% | 1.26x | 3.27x | CN¥-2.31 Billion |
Industry Comparison
This section compares Rongan Property 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: $10,998,932,385
- Average return on equity (ROE) among peers: 6.42%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Rongan Property Co Ltd (000517) | CN¥6.29 Billion | 13.96% | 1.23x | $214.19 Million |
| China Vanke Co Ltd Class A (000002) | $2.15 Billion | 10.68% | 1.09x | $5.28 Billion |
| Shenzhen Zhenye Group Co Ltd (000006) | $2.89 Billion | 15.02% | 1.88x | $1.04 Billion |
| Shahe Industry Co Ltd (000014) | $605.85 Million | 8.96% | 1.98x | $312.36 Million |
| Grandjoy Holdings Group Co Ltd (000031) | $52.09 Billion | 0.21% | 3.08x | $571.80 Million |
| China Union Holdings Ltd (000036) | $2.68 Billion | 2.58% | 1.41x | $356.29 Million |
| Shenzhen Centralcon Investment Holding Co Ltd (000042) | $1.74 Billion | 0.39% | 2.19x | $315.70 Million |
| Shenzhen Wongtee International Enterprise Co Ltd (000056) | $5.55 Billion | 0.90% | 1.24x | $213.53 Million |
| Financial Street Holdings Co Ltd (000402) | $31.13 Billion | 9.01% | 2.62x | $785.44 Million |
| Chongqing Yukaifa Co Ltd (000514) | $147.43 Million | 10.06% | 0.84x | $208.71 Million |