Rongan Property Co Ltd (000517) - Net Assets
Based on the latest financial reports, Rongan Property Co Ltd (000517) has net assets worth CN¥4.61 Billion CNY (≈ $675.12 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥11.19 Billion ≈ $1.64 Billion USD) and total liabilities (CN¥6.58 Billion ≈ $962.56 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 Rongan Property Co Ltd PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥4.61 Billion |
| % of Total Assets | 41.22% |
| Annual Growth Rate | 17.48% |
| 5-Year Change | -65.34% |
| 10-Year Change | 39.51% |
| Growth Volatility | 93.17 |
Rongan Property Co Ltd - Net Assets Trend (1992–2025)
This chart illustrates how Rongan Property Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Rongan Property Co Ltd stock valuation.
Annual Net Assets for Rongan Property Co Ltd (1992–2025)
The table below shows the annual net assets of Rongan Property Co Ltd from 1992 to 2025. Also explore net asset momentum of Rongan Property Co Ltd to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥5.13 Billion ≈ $750.60 Million |
-20.67% |
| 2024-12-31 | CN¥6.47 Billion ≈ $946.11 Million |
-33.07% |
| 2023-12-31 | CN¥9.66 Billion ≈ $1.41 Billion |
-10.46% |
| 2022-12-31 | CN¥10.79 Billion ≈ $1.58 Billion |
-27.11% |
| 2021-12-31 | CN¥14.80 Billion ≈ $2.17 Billion |
+40.54% |
| 2020-12-31 | CN¥10.53 Billion ≈ $1.54 Billion |
+56.05% |
| 2019-12-31 | CN¥6.75 Billion ≈ $987.58 Million |
+41.53% |
| 2018-12-31 | CN¥4.77 Billion ≈ $697.80 Million |
+12.53% |
| 2017-12-31 | CN¥4.24 Billion ≈ $620.12 Million |
+15.26% |
| 2016-12-31 | CN¥3.68 Billion ≈ $538.01 Million |
+1.47% |
| 2015-12-31 | CN¥3.62 Billion ≈ $530.19 Million |
-1.28% |
| 2014-12-31 | CN¥3.67 Billion ≈ $537.04 Million |
+12.75% |
| 2013-12-31 | CN¥3.25 Billion ≈ $476.31 Million |
+16.18% |
| 2012-12-31 | CN¥2.80 Billion ≈ $409.96 Million |
+21.26% |
| 2011-12-31 | CN¥2.31 Billion ≈ $338.08 Million |
+21.24% |
| 2010-12-31 | CN¥1.91 Billion ≈ $278.85 Million |
+14.86% |
| 2009-12-31 | CN¥1.66 Billion ≈ $242.77 Million |
+9903.14% |
| 2008-12-31 | CN¥-16.92 Million ≈ $-2.48 Million |
+84.36% |
| 2007-12-31 | CN¥-108.19 Million ≈ $-15.83 Million |
+22.06% |
| 2006-12-31 | CN¥-138.80 Million ≈ $-20.31 Million |
-20.39% |
| 2005-12-31 | CN¥-115.29 Million ≈ $-16.87 Million |
-143.62% |
| 2004-12-31 | CN¥264.28 Million ≈ $38.67 Million |
-67.77% |
| 2003-12-31 | CN¥819.92 Million ≈ $119.98 Million |
+2.29% |
| 2002-12-31 | CN¥801.58 Million ≈ $117.30 Million |
+158.82% |
| 2001-12-31 | CN¥309.71 Million ≈ $45.32 Million |
+16.78% |
| 2000-12-31 | CN¥265.21 Million ≈ $38.81 Million |
+29.99% |
| 1999-12-31 | CN¥204.03 Million ≈ $29.86 Million |
+10.03% |
| 1998-12-31 | CN¥185.43 Million ≈ $27.13 Million |
-6.22% |
| 1997-12-31 | CN¥197.72 Million ≈ $28.93 Million |
+2.61% |
| 1996-12-31 | CN¥192.70 Million ≈ $28.20 Million |
+8.58% |
| 1995-12-31 | CN¥177.47 Million ≈ $25.97 Million |
-2.23% |
| 1994-12-31 | CN¥181.52 Million ≈ $26.56 Million |
+31.01% |
| 1993-12-31 | CN¥138.55 Million ≈ $20.27 Million |
+450.25% |
| 1992-12-31 | CN¥25.18 Million ≈ $3.68 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 220370326473.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.20 Billion | 47.16% |
| Other Components | CN¥2.47 Billion | 52.84% |
| Total Equity | CN¥4.67 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 |
|---|---|
|
Prodea Real Estate Investment Co.
AT:PRODEA
|
$931.94 Million |
|
Dios Fastigheter AB
ST:DIOS
|
$932.10 Million |
|
Guararapes Confecções S.A
SA:GUAR3
|
$932.14 Million |
|
PharmaResources (Shanghai) Co. Ltd. A
SHE:301230
|
$932.27 Million |
|
Chengdu Hongqi Chain Co Ltd
SHE:002697
|
$931.37 Million |
|
Ningbo Runhe High-Tech Materials Co Ltd Class A
SHE:300727
|
$931.29 Million |
|
NCC Limited
NSE:NCC
|
$931.10 Million |
|
Suzhou Shihua New Material Technology Co Ltd
SHG:688093
|
$930.94 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 2024 to 2025, total equity changed from 5,818,173,969 to 4,672,467,954, a change of -1,145,706,015 (-19.7%).
- Net loss of 1,145,706,015 reduced equity.
- Dividend payments of 154,286,959 reduced retained earnings.
- Other comprehensive income decreased equity by 962,657,307.
- Other factors increased equity by 1,116,944,266.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-1.15 Billion | -24.52% |
| Dividends Paid | CN¥154.29 Million | -3.3% |
| Other Comprehensive Income | CN¥-962.66 Million | -20.6% |
| Other Changes | CN¥1.12 Billion | +23.9% |
| Total Change | CN¥- | -19.69% |
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: 1.36x
- 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 53.47x to 1.36x 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¥2.00 | x |
| 1993-12-31 | CN¥0.21 | CN¥2.00 | x |
| 1994-12-31 | CN¥0.27 | CN¥2.00 | x |
| 1995-12-31 | CN¥0.26 | CN¥2.00 | x |
| 1996-12-31 | CN¥0.28 | CN¥2.00 | x |
| 1997-12-31 | CN¥0.29 | CN¥2.00 | x |
| 1998-12-31 | CN¥0.27 | CN¥2.00 | x |
| 1999-12-31 | CN¥0.30 | CN¥2.00 | x |
| 2000-12-31 | CN¥0.38 | CN¥2.00 | x |
| 2001-12-31 | CN¥0.43 | CN¥2.00 | x |
| 2002-12-31 | CN¥1.16 | CN¥2.00 | x |
| 2003-12-31 | CN¥1.20 | CN¥2.00 | x |
| 2004-12-31 | CN¥0.38 | CN¥2.00 | x |
| 2005-12-31 | CN¥-0.18 | CN¥2.00 | x |
| 2006-12-31 | CN¥-0.21 | CN¥2.00 | x |
| 2007-12-31 | CN¥-0.15 | CN¥2.00 | x |
| 2008-12-31 | CN¥-0.01 | CN¥2.00 | x |
| 2009-12-31 | CN¥0.56 | CN¥2.00 | x |
| 2010-12-31 | CN¥0.60 | CN¥2.00 | x |
| 2011-12-31 | CN¥0.73 | CN¥2.00 | x |
| 2012-12-31 | CN¥0.88 | CN¥2.00 | x |
| 2013-12-31 | CN¥1.02 | CN¥2.00 | x |
| 2014-12-31 | CN¥1.15 | CN¥2.00 | x |
| 2015-12-31 | CN¥1.14 | CN¥2.00 | x |
| 2016-12-31 | CN¥1.16 | CN¥2.00 | x |
| 2017-12-31 | CN¥1.33 | CN¥2.00 | x |
| 2018-12-31 | CN¥1.49 | CN¥2.00 | x |
| 2019-12-31 | CN¥2.11 | CN¥2.00 | x |
| 2020-12-31 | CN¥2.58 | CN¥2.00 | x |
| 2021-12-31 | CN¥2.87 | CN¥2.00 | x |
| 2022-12-31 | CN¥2.88 | CN¥2.00 | x |
| 2023-12-31 | CN¥2.69 | CN¥2.00 | x |
| 2024-12-31 | CN¥1.83 | CN¥2.00 | x |
| 2025-12-31 | CN¥1.47 | CN¥2.00 | 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): -24.52%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -20.59%
- • Asset Turnover: 0.48x
- • Equity Multiplier: 2.51x
- Recent ROE (-24.52%) is below the historical average (6.26%), 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 |
| 2025 | -24.52% | -20.59% | 0.48x | 2.51x | CN¥-1.61 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: $25,714,478,382
- Average return on equity (ROE) among peers: 11.92%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Rongan Property Co Ltd (000517) | CN¥4.61 Billion | 13.96% | 1.43x | $931.82 Million |
| China Vanke Co Ltd Class A (000002) | $235.62 Billion | 14.33% | 5.59x | $4.72 Billion |
| Shenzhen Zhenye Group Co Ltd (000006) | $7.84 Billion | 11.03% | 0.97x | $1.39 Billion |
| Shenzhen Properties & Resources Development Group Ltd (000011) | $299.95 Million | 17.91% | 7.89x | $706.68 Million |
| Shahe Industry Co Ltd (000014) | $1.22 Billion | 20.39% | 1.45x | $370.13 Million |
| Grandjoy Holdings Group Co Ltd (000031) | $77.10 Million | 44.85% | 2.84x | $1.40 Billion |
| China Union Holdings Ltd (000036) | $5.44 Billion | 17.81% | 1.00x | $801.15 Million |
| Shenzhen Centralcon Investment Holding Co Ltd (000042) | $3.07 Billion | -65.94% | 8.98x | $802.61 Million |
| Shenzhen Wongtee International Enterprise Co Ltd (000056) | $198.48 Million | 34.19% | 4.22x | $343.62 Million |
| Financial Street Holdings Co Ltd (000402) | $17.75 Million | 20.96% | 3.79x | $1.10 Billion |
| Chongqing Yukaifa Co Ltd (000514) | $3.36 Billion | 3.65% | 0.96x | $518.57 Million |
About 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.