Beijing Mainstreets Investment
Beijing Zodi Investment Co., Ltd., together with its subsidiaries, engages in real estate development business in China. It is involved in investment consulting and management; architectural decoration; restaurant management; finance lease; and technical services. The company was formerly known as Beijing Soft Rock Investment Group Corporation and changed its name to Beijing Zodi Investment Co., … Read more
Beijing Mainstreets Investment (000609) - Net Assets
Latest net assets as of September 2025: CN¥-8.52 Million CNY
Based on the latest financial reports, Beijing Mainstreets Investment (000609) has net assets worth CN¥-8.52 Million 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¥1.92 Billion) and total liabilities (CN¥1.93 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¥-8.52 Million |
| % of Total Assets | -0.44% |
| Annual Growth Rate | 3.55% |
| 5-Year Change | -88.57% |
| 10-Year Change | -89.15% |
| Growth Volatility | 39.34 |
Beijing Mainstreets Investment - Net Assets Trend (1993–2024)
This chart illustrates how Beijing Mainstreets Investment's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Beijing Mainstreets Investment (1993–2024)
The table below shows the annual net assets of Beijing Mainstreets Investment from 1993 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥141.56 Million | -63.66% |
| 2023-12-31 | CN¥389.58 Million | -31.87% |
| 2022-12-31 | CN¥571.80 Million | -33.73% |
| 2021-12-31 | CN¥862.82 Million | -30.32% |
| 2020-12-31 | CN¥1.24 Billion | -19.64% |
| 2019-12-31 | CN¥1.54 Billion | +1.69% |
| 2018-12-31 | CN¥1.52 Billion | -3.90% |
| 2017-12-31 | CN¥1.58 Billion | +9.46% |
| 2016-12-31 | CN¥1.44 Billion | +10.46% |
| 2015-12-31 | CN¥1.30 Billion | +1.35% |
| 2014-12-31 | CN¥1.29 Billion | +10.19% |
| 2013-12-31 | CN¥1.17 Billion | +8.64% |
| 2012-12-31 | CN¥1.07 Billion | +7.31% |
| 2011-12-31 | CN¥1.00 Billion | +19.77% |
| 2010-12-31 | CN¥836.31 Million | +0.57% |
| 2009-12-31 | CN¥831.53 Million | +1.84% |
| 2008-12-31 | CN¥816.53 Million | +22.01% |
| 2007-12-31 | CN¥669.22 Million | +30.29% |
| 2006-12-31 | CN¥513.62 Million | +6.63% |
| 2005-12-31 | CN¥481.69 Million | +8.10% |
| 2004-12-31 | CN¥445.59 Million | +3.92% |
| 2003-12-31 | CN¥428.76 Million | +5.59% |
| 2002-12-31 | CN¥406.05 Million | +5.37% |
| 2001-12-31 | CN¥385.35 Million | -6.78% |
| 2000-12-31 | CN¥413.39 Million | +4.11% |
| 1999-12-31 | CN¥397.07 Million | +8.90% |
| 1998-12-31 | CN¥364.63 Million | +68.47% |
| 1997-12-31 | CN¥216.43 Million | +27.72% |
| 1996-12-31 | CN¥169.46 Million | +185.81% |
| 1995-12-31 | CN¥59.29 Million | +21.44% |
| 1994-12-31 | CN¥48.82 Million | +1.73% |
| 1993-12-31 | CN¥47.99 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Beijing Mainstreets Investment'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 decreased by 24795.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥299.27 Million | 211.40% |
| Other Comprehensive Income | CN¥167.65 Million | 118.43% |
| Other Components | CN¥16.95 Million | 11.98% |
| Total Equity | CN¥141.56 Million | 100.00% |
Beijing Mainstreets Investment Competitors by Market Cap
The table below lists competitors of Beijing Mainstreets Investment ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
FREQUENCY EL. INC. DL 1
F:98K
|
$293.29 Million |
|
4iG Nyrt.
BUD:4IG
|
$293.29 Million |
|
Leo Lithium Ltd
AU:LLL
|
$293.32 Million |
|
Jiayin Group Inc
NASDAQ:JFIN
|
$293.47 Million |
|
ION Exchange (India) Limited
NSE:IONEXCHANG
|
$293.23 Million |
|
Panoro Energy ASA
OL:PEN
|
$293.18 Million |
|
International CSRC Investment Holdings Co Ltd
TW:2104
|
$293.17 Million |
|
Shandong Keyuan Pharmaceutical Co. Ltd. A
SHE:301281
|
$293.15 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Beijing Mainstreets Investment's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 389,583,108 to 141,562,817, a change of -248,020,291 (-63.7%).
- Net loss of 249,728,791 reduced equity.
- Dividend payments of 45,372,326 reduced retained earnings.
- Other comprehensive income increased equity by 1,708,501.
- Other factors increased equity by 45,372,325.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-249.73 Million | -176.41% |
| Dividends Paid | CN¥45.37 Million | -32.05% |
| Other Comprehensive Income | CN¥1.71 Million | +1.21% |
| Other Changes | CN¥45.37 Million | +32.05% |
| Total Change | CN¥- | -63.66% |
Book Value vs Market Value Analysis
This analysis compares Beijing Mainstreets Investment'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: 20.72x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 60.07x to 20.72x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1994-12-31 | CN¥0.16 | CN¥9.80 | x |
| 1995-12-31 | CN¥0.19 | CN¥9.80 | x |
| 1996-12-31 | CN¥0.56 | CN¥9.80 | x |
| 1997-12-31 | CN¥0.72 | CN¥9.80 | x |
| 1998-12-31 | CN¥1.22 | CN¥9.80 | x |
| 1999-12-31 | CN¥1.32 | CN¥9.80 | x |
| 2000-12-31 | CN¥1.38 | CN¥9.80 | x |
| 2001-12-31 | CN¥1.29 | CN¥9.80 | x |
| 2002-12-31 | CN¥1.36 | CN¥9.80 | x |
| 2003-12-31 | CN¥1.43 | CN¥9.80 | x |
| 2004-12-31 | CN¥1.49 | CN¥9.80 | x |
| 2005-12-31 | CN¥1.61 | CN¥9.80 | x |
| 2006-12-31 | CN¥1.95 | CN¥9.80 | x |
| 2007-12-31 | CN¥2.26 | CN¥9.80 | x |
| 2008-12-31 | CN¥2.70 | CN¥9.80 | x |
| 2009-12-31 | CN¥2.75 | CN¥9.80 | x |
| 2010-12-31 | CN¥2.76 | CN¥9.80 | x |
| 2011-12-31 | CN¥3.32 | CN¥9.80 | x |
| 2012-12-31 | CN¥3.57 | CN¥9.80 | x |
| 2013-12-31 | CN¥3.89 | CN¥9.80 | x |
| 2014-12-31 | CN¥4.30 | CN¥9.80 | x |
| 2015-12-31 | CN¥4.56 | CN¥9.80 | x |
| 2016-12-31 | CN¥4.86 | CN¥9.80 | x |
| 2017-12-31 | CN¥5.28 | CN¥9.80 | x |
| 2018-12-31 | CN¥4.99 | CN¥9.80 | x |
| 2019-12-31 | CN¥5.16 | CN¥9.80 | x |
| 2020-12-31 | CN¥4.17 | CN¥9.80 | x |
| 2021-12-31 | CN¥2.88 | CN¥9.80 | x |
| 2022-12-31 | CN¥1.91 | CN¥9.80 | x |
| 2023-12-31 | CN¥1.31 | CN¥9.80 | x |
| 2024-12-31 | CN¥0.47 | CN¥9.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Beijing Mainstreets Investment 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): -176.41%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -81.78%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 13.87x
- Recent ROE (-176.41%) is below the historical average (-3.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1994 | 1.70% | 9.46% | 0.09x | 1.97x | CN¥-4.05 Million |
| 1995 | 32.54% | 32.33% | 0.46x | 2.18x | CN¥12.93 Million |
| 1996 | 15.10% | 21.64% | 0.50x | 1.40x | CN¥8.51 Million |
| 1997 | 22.90% | 44.32% | 0.40x | 1.30x | CN¥27.91 Million |
| 1998 | 11.45% | 26.87% | 0.35x | 1.22x | CN¥5.28 Million |
| 1999 | 9.37% | 20.76% | 0.41x | 1.11x | CN¥-2.50 Million |
| 2000 | 8.77% | 19.37% | 0.40x | 1.14x | CN¥-5.09 Million |
| 2001 | 6.08% | 10.27% | 0.54x | 1.10x | CN¥-15.06 Million |
| 2002 | 6.33% | 16.00% | 0.36x | 1.09x | CN¥-14.91 Million |
| 2003 | 6.11% | 14.19% | 0.38x | 1.13x | CN¥-16.69 Million |
| 2004 | 6.69% | 13.65% | 0.45x | 1.09x | CN¥-14.76 Million |
| 2005 | 6.37% | 13.94% | 0.29x | 1.60x | CN¥-17.50 Million |
| 2006 | 6.22% | 14.98% | 0.31x | 1.34x | CN¥-19.41 Million |
| 2007 | 21.24% | 29.90% | 0.42x | 1.69x | CN¥75.23 Million |
| 2008 | 17.23% | 21.16% | 0.63x | 1.29x | CN¥58.20 Million |
| 2009 | 1.81% | 101.57% | 0.01x | 1.29x | CN¥-67.11 Million |
| 2010 | 8.94% | 77.56% | 0.09x | 1.34x | CN¥-8.77 Million |
| 2011 | 16.70% | 2089.29% | 0.01x | 1.46x | CN¥66.30 Million |
| 2012 | 7.95% | 50.65% | 0.11x | 1.49x | CN¥-21.85 Million |
| 2013 | 8.97% | 33.14% | 0.18x | 1.54x | CN¥-12.00 Million |
| 2014 | 9.40% | 19.46% | 0.33x | 1.46x | CN¥-7.68 Million |
| 2015 | 1.75% | 5.01% | 0.23x | 1.52x | CN¥-107.31 Million |
| 2016 | 9.25% | 101.23% | 0.06x | 1.47x | CN¥-10.76 Million |
| 2017 | 8.52% | 49.55% | 0.15x | 1.11x | CN¥-23.26 Million |
| 2018 | -4.01% | -206.15% | 0.01x | 1.96x | CN¥-212.37 Million |
| 2019 | 1.89% | 5.33% | 0.13x | 2.72x | CN¥-125.27 Million |
| 2020 | -23.95% | -281.71% | 0.03x | 3.11x | CN¥-424.08 Million |
| 2021 | -43.54% | -47.88% | 0.27x | 3.38x | CN¥-461.96 Million |
| 2022 | -51.21% | -68.45% | 0.19x | 4.04x | CN¥-350.00 Million |
| 2023 | -47.29% | -319.55% | 0.03x | 5.80x | CN¥-223.18 Million |
| 2024 | -176.41% | -81.78% | 0.16x | 13.87x | CN¥-263.89 Million |
Industry Comparison
This section compares Beijing Mainstreets Investment's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $1,644,161,334
- Average return on equity (ROE) among peers: 5.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Beijing Mainstreets Investment (000609) | CN¥-8.52 Million | 1.70% | N/A | $293.27 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 |
| DongGuan Winnerway Industrial Zone Ltd (000573) | $1.43 Billion | 2.79% | 0.78x | $286.31 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 |