DongGuan Winnerway Industrial Zone Ltd

SHE:000573 China Real Estate Services
Market Cap
$380.15 Million
CN¥2.79 Billion CNY
Market Cap Rank
#13089 Global
#3320 in China
Share Price
CN¥4.37
Change (1 day)
-0.91%
52-Week Range
CN¥3.74 - CN¥5.15
All Time High
CN¥9.77
Categories
Companies in China Real Estate Services
About

DongGuan Winnerway Industry Zone LTD. engages in the real estate development business in China. The company engages in the development and operation of various real estate properties, such as houses, villas, apartments, parking spaces, shops, etc. It is also involved in the coal mining business; industrial zone development; environmental protection and recycling of renewable resources business; a… Read more

DongGuan Winnerway Industrial Zone Ltd (000573) - Net Assets

Latest net assets as of September 2025: CN¥1.64 Billion CNY

Based on the latest financial reports, DongGuan Winnerway Industrial Zone Ltd (000573) has net assets worth CN¥1.64 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¥2.14 Billion) and total liabilities (CN¥501.23 Million). 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¥1.64 Billion
% of Total Assets 76.61%
Annual Growth Rate 2.27%
5-Year Change 0.98%
10-Year Change 4.24%
Growth Volatility 8.22

DongGuan Winnerway Industrial Zone Ltd - Net Assets Trend (1994–2024)

This chart illustrates how DongGuan Winnerway Industrial Zone 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 DongGuan Winnerway Industrial Zone Ltd (1994–2024)

The table below shows the annual net assets of DongGuan Winnerway Industrial Zone Ltd from 1994 to 2024.

Year Net Assets Change
2024-12-31 CN¥1.59 Billion -5.18%
2023-12-31 CN¥1.68 Billion +1.99%
2022-12-31 CN¥1.64 Billion -1.77%
2021-12-31 CN¥1.67 Billion +6.29%
2020-12-31 CN¥1.58 Billion -8.97%
2019-12-31 CN¥1.73 Billion +1.39%
2018-12-31 CN¥1.71 Billion -0.62%
2017-12-31 CN¥1.72 Billion -0.09%
2016-12-31 CN¥1.72 Billion +12.65%
2015-12-31 CN¥1.53 Billion -5.50%
2014-12-31 CN¥1.61 Billion +0.39%
2013-12-31 CN¥1.61 Billion +7.25%
2012-12-31 CN¥1.50 Billion +1.24%
2011-12-31 CN¥1.48 Billion +3.86%
2010-12-31 CN¥1.43 Billion +0.97%
2009-12-31 CN¥1.41 Billion +4.00%
2008-12-31 CN¥1.36 Billion -7.81%
2007-12-31 CN¥1.47 Billion +4.48%
2006-12-31 CN¥1.41 Billion -0.12%
2005-12-31 CN¥1.41 Billion +1.84%
2004-12-31 CN¥1.39 Billion +1.71%
2003-12-31 CN¥1.36 Billion +0.70%
2002-12-31 CN¥1.35 Billion +0.27%
2001-12-31 CN¥1.35 Billion -5.00%
2000-12-31 CN¥1.42 Billion -0.87%
1999-12-31 CN¥1.43 Billion -4.00%
1998-12-31 CN¥1.49 Billion +21.55%
1997-12-31 CN¥1.23 Billion +12.06%
1996-12-31 CN¥1.10 Billion +32.37%
1995-12-31 CN¥828.01 Million +2.00%
1994-12-31 CN¥811.78 Million --

Equity Component Analysis

This analysis shows how different components contribute to DongGuan Winnerway Industrial Zone 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 14885005200.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥148.85 Million 9.40%
Common Stock CN¥638.28 Million 40.30%
Other Comprehensive Income CN¥349.21 Million 22.05%
Other Components CN¥447.33 Million 28.25%
Total Equity CN¥1.58 Billion 100.00%

DongGuan Winnerway Industrial Zone Ltd Competitors by Market Cap

The table below lists competitors of DongGuan Winnerway Industrial Zone Ltd ranked by their market capitalization.

Company Market Cap
Velesto Energy Bhd
KLSE:5243
 		$286.32 Million
Hangzhou Dadi Haiyang Environmental Protection Co. Ltd.
SHE:301068
 		$286.32 Million
Capitec Bank Holdings Ltd
JSE:CPI
 		$286.37 Million
Jutze Intelligent Technology Co Ltd
SHE:300802
 		$286.37 Million
Genie Energy Ltd
NYSE:GNE
 		$286.29 Million
ZJBC Information Technology Co Ltd
SHE:000889
 		$286.23 Million
Oriental Union Chemical Corp
TW:1710
 		$286.20 Million
FutureChem Co.Ltd
KQ:220100
 		$286.19 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in DongGuan Winnerway Industrial Zone Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,670,558,706 to 1,583,666,681, a change of -86,892,025 (-5.2%).
  • Net loss of 47,698,354 reduced equity.
  • Dividend payments of 46,792,943 reduced retained earnings.
  • Other comprehensive income increased equity by 347,470,937.
  • Other factors decreased equity by 339,871,665.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-47.70 Million -3.01%
Dividends Paid CN¥46.79 Million -2.95%
Other Comprehensive Income CN¥347.47 Million +21.94%
Other Changes CN¥-339.87 Million -21.46%
Total Change CN¥- -5.20%

Book Value vs Market Value Analysis

This analysis compares DongGuan Winnerway Industrial Zone 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: 1.76x
  • 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 10.17x to 1.76x 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¥0.43 CN¥4.37 x
1993-12-31 CN¥0.45 CN¥4.37 x
1994-12-31 CN¥1.30 CN¥4.37 x
1995-12-31 CN¥1.32 CN¥4.37 x
1996-12-31 CN¥1.75 CN¥4.37 x
1997-12-31 CN¥1.96 CN¥4.37 x
1998-12-31 CN¥2.40 CN¥4.37 x
1999-12-31 CN¥2.25 CN¥4.37 x
2000-12-31 CN¥2.26 CN¥4.37 x
2001-12-31 CN¥2.17 CN¥4.37 x
2002-12-31 CN¥2.18 CN¥4.37 x
2003-12-31 CN¥2.22 CN¥4.37 x
2004-12-31 CN¥2.23 CN¥4.37 x
2005-12-31 CN¥2.27 CN¥4.37 x
2006-12-31 CN¥2.25 CN¥4.37 x
2007-12-31 CN¥2.37 CN¥4.37 x
2008-12-31 CN¥2.18 CN¥4.37 x
2009-12-31 CN¥2.21 CN¥4.37 x
2010-12-31 CN¥2.20 CN¥4.37 x
2011-12-31 CN¥2.29 CN¥4.37 x
2012-12-31 CN¥2.35 CN¥4.37 x
2013-12-31 CN¥2.54 CN¥4.37 x
2014-12-31 CN¥2.56 CN¥4.37 x
2015-12-31 CN¥2.41 CN¥4.37 x
2016-12-31 CN¥2.73 CN¥4.37 x
2017-12-31 CN¥2.69 CN¥4.37 x
2018-12-31 CN¥2.72 CN¥4.37 x
2019-12-31 CN¥2.76 CN¥4.37 x
2020-12-31 CN¥2.47 CN¥4.37 x
2021-12-31 CN¥2.63 CN¥4.37 x
2022-12-31 CN¥2.59 CN¥4.37 x
2023-12-31 CN¥2.62 CN¥4.37 x
2024-12-31 CN¥2.48 CN¥4.37 x

Capital Efficiency Dashboard

This dashboard shows how efficiently DongGuan Winnerway Industrial Zone 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): -3.01%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -9.74%
  • • Asset Turnover: 0.22x
  • • Equity Multiplier: 1.41x
  • Recent ROE (-3.01%) is below the historical average (3.66%), 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 21.86% 28.59% 0.38x 2.03x CN¥31.75 Million
1993 13.56% 18.58% 0.32x 2.31x CN¥9.95 Million
1994 10.99% 23.19% 0.28x 1.66x CN¥8.05 Million
1995 10.88% 19.81% 0.30x 1.86x CN¥7.23 Million
1996 10.70% 26.77% 0.28x 1.43x CN¥7.66 Million
1997 10.39% 27.55% 0.29x 1.31x CN¥4.78 Million
1998 3.22% 28.69% 0.09x 1.25x CN¥-101.20 Million
1999 0.66% 5.98% 0.08x 1.44x CN¥-131.07 Million
2000 0.42% 3.20% 0.08x 1.61x CN¥-135.00 Million
2001 0.30% 1.65% 0.11x 1.68x CN¥-130.82 Million
2002 0.82% 4.16% 0.12x 1.59x CN¥-124.91 Million
2003 0.99% 2.94% 0.21x 1.62x CN¥-124.38 Million
2004 1.05% 3.00% 0.22x 1.57x CN¥-124.05 Million
2005 1.16% 2.91% 0.26x 1.53x CN¥-124.75 Million
2006 0.29% 1.22% 0.15x 1.61x CN¥-136.94 Million
2007 2.21% 7.14% 0.20x 1.51x CN¥-114.75 Million
2008 -8.47% -34.43% 0.14x 1.79x CN¥-250.85 Million
2009 1.48% 4.11% 0.19x 1.86x CN¥-117.49 Million
2010 2.91% 7.53% 0.21x 1.85x CN¥-97.00 Million
2011 4.00% 6.88% 0.33x 1.76x CN¥-85.51 Million
2012 4.34% 7.96% 0.31x 1.78x CN¥-82.84 Million
2013 7.41% 11.41% 0.35x 1.85x CN¥-40.89 Million
2014 0.88% 1.61% 0.26x 2.08x CN¥-145.48 Million
2015 -6.12% -29.74% 0.10x 2.12x CN¥-242.46 Million
2016 11.59% 17.52% 0.41x 1.62x CN¥27.02 Million
2017 2.11% 6.27% 0.19x 1.75x CN¥-132.29 Million
2018 3.07% 5.71% 0.26x 2.05x CN¥-117.37 Million
2019 3.77% 7.14% 0.31x 1.70x CN¥-107.44 Million
2020 -7.64% -14.57% 0.27x 1.97x CN¥-277.85 Million
2021 8.38% 11.61% 0.48x 1.50x CN¥-27.12 Million
2022 2.51% 4.39% 0.37x 1.55x CN¥-123.94 Million
2023 3.96% 18.76% 0.15x 1.41x CN¥-100.97 Million
2024 -3.01% -9.74% 0.22x 1.41x CN¥-206.07 Million

Industry Comparison

This section compares DongGuan Winnerway Industrial Zone Ltd's net assets metrics with peer companies in the Real Estate Services industry.

Industry Context

  • Industry: Real Estate Services
  • Average net assets among peers: $1,560,048,774
  • Average return on equity (ROE) among peers: 7.60%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
DongGuan Winnerway Industrial Zone Ltd (000573) CN¥1.64 Billion 21.86% 0.31x $286.31 Million
Shenzhen SEG Co Ltd (000058) $1.33 Billion 3.66% 0.19x $595.06 Million
5I5j Holding Group Co Ltd (000560) $618.29 Million 4.60% 4.43x $719.68 Million
Beijing Mainstreets Investment (000609) $669.22 Million 21.24% 0.69x $293.27 Million
Rongfeng Holding Group (000668) $740.22 Million 0.45% 0.27x $159.03 Million
Sanxiang Co Ltd (000863) $4.68 Billion 4.46% 1.07x $471.17 Million
Shenzhen Worldunion Properties Consultancy Inc (002285) $65.30 Million 0.00% 1.29x $444.90 Million
Chongqing New Dazheng Property Grp (002968) $754.94 Million 13.84% 0.32x $151.40 Million
Shenzhen SDG Service Co. Ltd. (300917) $968.11 Million 11.79% 0.59x $254.69 Million
China World Trade Center Co Ltd (600007) $4.22 Billion 8.40% 0.93x $517.22 Million