XiAn Tourism Co Ltd

SHE:000610 China Lodging
Market Cap
$305.56 Million
CN¥2.24 Billion CNY
Market Cap Rank
#14897 Global
#3968 in China
Share Price
CN¥9.47
Change (1 day)
+0.11%
52-Week Range
CN¥9.18 - CN¥15.58
All Time High
CN¥22.09
About

Xi'an Tourism Co., Ltd. operates in the tourism industry in China. The company engages in the hotel operation and management; catering; and travel agency, tourism, and scenic spots development activities. It is also involved in real estate development and operation, and property management; project investment, land transfer, and decoration and renovation project construction; hotel investment and… Read more

XiAn Tourism Co Ltd (000610) - Net Assets

Latest net assets as of September 2025: CN¥126.35 Million CNY

Based on the latest financial reports, XiAn Tourism Co Ltd (000610) has net assets worth CN¥126.35 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¥1.96 Billion) and total liabilities (CN¥1.83 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¥126.35 Million
% of Total Assets 6.45%
Annual Growth Rate 4.96%
5-Year Change -75.94%
10-Year Change -74.18%
Growth Volatility 32.2

XiAn Tourism Co Ltd - Net Assets Trend (1993–2024)

This chart illustrates how XiAn Tourism 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 XiAn Tourism Co Ltd (1993–2024)

The table below shows the annual net assets of XiAn Tourism Co Ltd from 1993 to 2024.

Year Net Assets Change
2024-12-31 CN¥214.90 Million -54.99%
2023-12-31 CN¥477.49 Million -26.14%
2022-12-31 CN¥646.46 Million -21.50%
2021-12-31 CN¥823.56 Million -7.81%
2020-12-31 CN¥893.29 Million +4.33%
2019-12-31 CN¥856.25 Million -1.62%
2018-12-31 CN¥870.38 Million +6.29%
2017-12-31 CN¥818.90 Million -3.13%
2016-12-31 CN¥845.35 Million +1.58%
2015-12-31 CN¥832.22 Million +90.50%
2014-12-31 CN¥436.86 Million -5.76%
2013-12-31 CN¥463.56 Million +1.00%
2012-12-31 CN¥458.97 Million +5.16%
2011-12-31 CN¥436.44 Million +4.45%
2010-12-31 CN¥417.85 Million -0.55%
2009-12-31 CN¥420.15 Million -0.40%
2008-12-31 CN¥421.82 Million +1.36%
2007-12-31 CN¥416.14 Million +2.85%
2006-12-31 CN¥404.60 Million -0.89%
2005-12-31 CN¥408.22 Million +3.25%
2004-12-31 CN¥395.39 Million +5.58%
2003-12-31 CN¥374.50 Million +0.33%
2002-12-31 CN¥373.26 Million +6.41%
2001-12-31 CN¥350.77 Million -2.55%
2000-12-31 CN¥359.94 Million +51.85%
1999-12-31 CN¥237.03 Million +4.91%
1998-12-31 CN¥225.94 Million +11.79%
1997-12-31 CN¥202.11 Million +1.76%
1996-12-31 CN¥198.62 Million +92.26%
1995-12-31 CN¥103.30 Million +6.32%
1994-12-31 CN¥97.16 Million +102.83%
1993-12-31 CN¥47.91 Million --

Equity Component Analysis

This analysis shows how different components contribute to XiAn Tourism 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 decreased by 44773779740.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥236.75 Million 100.03%
Other Comprehensive Income CN¥53.98 Million 22.81%
Other Components CN¥393.69 Million 166.34%
Total Equity CN¥236.68 Million 100.00%

XiAn Tourism Co Ltd Competitors by Market Cap

The table below lists competitors of XiAn Tourism Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in XiAn Tourism Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 497,019,383 to 236,682,568, a change of -260,336,815 (-52.4%).
  • Net loss of 260,336,814 reduced equity.
  • Dividend payments of 32,129,690 reduced retained earnings.
  • Other factors increased equity by 32,129,689.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-260.34 Million -109.99%
Dividends Paid CN¥32.13 Million -13.58%
Other Changes CN¥32.13 Million +13.58%
Total Change CN¥- -52.38%

Book Value vs Market Value Analysis

This analysis compares XiAn Tourism 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: 9.47x
  • 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 37.48x to 9.47x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1993-12-31 CN¥0.25 CN¥9.47 x
1994-12-31 CN¥0.51 CN¥9.47 x
1995-12-31 CN¥0.54 CN¥9.47 x
1996-12-31 CN¥1.05 CN¥9.47 x
1997-12-31 CN¥1.07 CN¥9.47 x
1998-12-31 CN¥1.19 CN¥9.47 x
1999-12-31 CN¥1.25 CN¥9.47 x
2000-12-31 CN¥1.89 CN¥9.47 x
2001-12-31 CN¥1.83 CN¥9.47 x
2002-12-31 CN¥1.81 CN¥9.47 x
2003-12-31 CN¥1.82 CN¥9.47 x
2004-12-31 CN¥1.93 CN¥9.47 x
2005-12-31 CN¥1.99 CN¥9.47 x
2006-12-31 CN¥2.22 CN¥9.47 x
2007-12-31 CN¥1.95 CN¥9.47 x
2008-12-31 CN¥1.98 CN¥9.47 x
2009-12-31 CN¥1.97 CN¥9.47 x
2010-12-31 CN¥2.10 CN¥9.47 x
2011-12-31 CN¥2.22 CN¥9.47 x
2012-12-31 CN¥2.33 CN¥9.47 x
2013-12-31 CN¥2.35 CN¥9.47 x
2014-12-31 CN¥2.21 CN¥9.47 x
2015-12-31 CN¥3.42 CN¥9.47 x
2016-12-31 CN¥3.39 CN¥9.47 x
2017-12-31 CN¥3.28 CN¥9.47 x
2018-12-31 CN¥3.68 CN¥9.47 x
2019-12-31 CN¥3.61 CN¥9.47 x
2020-12-31 CN¥3.77 CN¥9.47 x
2021-12-31 CN¥3.46 CN¥9.47 x
2022-12-31 CN¥2.75 CN¥9.47 x
2023-12-31 CN¥2.10 CN¥9.47 x
2024-12-31 CN¥1.00 CN¥9.47 x

Capital Efficiency Dashboard

This dashboard shows how efficiently XiAn Tourism 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): -109.99%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -44.72%
  • • Asset Turnover: 0.28x
  • • Equity Multiplier: 8.71x
  • Recent ROE (-109.99%) is below the historical average (-1.18%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1993 20.29% 16.41% 0.55x 2.25x CN¥4.93 Million
1994 12.43% 18.94% 0.38x 1.72x CN¥2.36 Million
1995 15.52% 21.10% 0.42x 1.77x CN¥5.70 Million
1996 11.01% 24.10% 0.32x 1.43x CN¥2.00 Million
1997 11.38% 23.63% 0.33x 1.48x CN¥2.80 Million
1998 10.55% 28.25% 0.27x 1.38x CN¥1.23 Million
1999 6.57% 19.30% 0.23x 1.46x CN¥-8.14 Million
2000 4.62% 15.15% 0.25x 1.23x CN¥-19.31 Million
2001 0.43% 1.61% 0.22x 1.24x CN¥-33.29 Million
2002 1.79% 6.43% 0.20x 1.37x CN¥-28.25 Million
2003 0.37% 1.61% 0.18x 1.25x CN¥-33.25 Million
2004 6.47% 17.63% 0.22x 1.64x CN¥-12.90 Million
2005 6.85% 9.78% 0.47x 1.48x CN¥-11.90 Million
2006 2.18% 2.91% 0.54x 1.39x CN¥-29.07 Million
2007 2.35% 2.82% 0.51x 1.63x CN¥-29.30 Million
2008 2.75% 3.58% 0.41x 1.87x CN¥-28.19 Million
2009 -0.73% -0.88% 0.35x 2.38x CN¥-41.52 Million
2010 6.52% 4.55% 0.61x 2.35x CN¥-14.36 Million
2011 6.31% 3.55% 1.16x 1.53x CN¥-16.11 Million
2012 4.62% 2.48% 1.36x 1.37x CN¥-24.63 Million
2013 1.85% 1.28% 1.04x 1.39x CN¥-37.65 Million
2014 -4.79% -2.99% 1.21x 1.32x CN¥-64.41 Million
2015 1.38% 1.42% 0.66x 1.47x CN¥-67.84 Million
2016 1.34% 1.34% 0.58x 1.73x CN¥-69.36 Million
2017 -2.39% -2.54% 0.52x 1.81x CN¥-96.14 Million
2018 11.06% 10.87% 0.73x 1.39x CN¥9.23 Million
2019 -3.78% -3.74% 0.70x 1.45x CN¥-117.70 Million
2020 4.21% 12.55% 0.23x 1.49x CN¥-51.57 Million
2021 -9.85% -14.37% 0.25x 2.71x CN¥-162.41 Million
2022 -28.02% -46.06% 0.20x 3.12x CN¥-247.46 Million
2023 -30.97% -28.00% 0.24x 4.52x CN¥-203.63 Million
2024 -109.99% -44.72% 0.28x 8.71x CN¥-284.01 Million

Industry Comparison

This section compares XiAn Tourism Co Ltd's net assets metrics with peer companies in the Lodging industry.

Industry Context

  • Industry: Lodging
  • Average net assets among peers: $690,212,543
  • Average return on equity (ROE) among peers: 9.06%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
XiAn Tourism Co Ltd (000610) CN¥126.35 Million 20.29% 14.50x $206.00 Million
ShenZhen Zero-Seven Co Ltd (000007) $102.28 Million -6.19% 2.46x $272.82 Million
Shenzhen Overseas Chinese Town Co Ltd (000069) $679.97 Million 10.73% 0.51x $1.14 Billion
Huatian Hotel Group Co Ltd (000428) $1.80 Billion 5.67% 2.73x $236.60 Million
Zhang Jia Jie Tourism Group Co Ltd (000430) $679.33 Million 9.00% 2.01x $219.42 Million
Guilin Tourism Corp Ltd (000978) $441.09 Million 2.26% 0.29x $233.28 Million
LiJiang YuLong Tourism Co Ltd (002033) $1.14 Billion 13.01% 0.56x $380.14 Million
Yunnan Tourism Co Ltd (002059) $793.37 Million -1.15% 0.43x $249.97 Million
SSAW Hotels & Resorts Group Co.Ltd. (301073) $252.33 Million 28.63% 0.81x $402.71 Million
Huangshan Tourism Development Co Ltd A (600054) $327.60 Million 19.54% 0.32x $784.11 Million