Macrolink Real Estate Co Ltd

SHE:000620 China Conglomerates
Market Cap
$2.71 Billion
CN¥19.91 Billion CNY
Market Cap Rank
#5186 Global
#636 in China
Share Price
CN¥3.39
Change (1 day)
+2.42%
52-Week Range
CN¥1.52 - CN¥3.83
All Time High
CN¥11.17
Categories
Companies in China Conglomerates
About

Winnovation Culturaltainment Development Limited, together with its subsidiaries, engages in real estate development activities in China. It operates through Real Estate Business, Cultural Tourism Business, and Other Businesses segments. The company is also involved in the development and operation of cultural and tourism scenic spots covering museums, cultural performances, entertainment experie… Read more

Macrolink Real Estate Co Ltd (000620) - Net Assets

Latest net assets as of September 2025: CN¥4.91 Billion CNY

Based on the latest financial reports, Macrolink Real Estate Co Ltd (000620) has net assets worth CN¥4.91 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¥11.83 Billion) and total liabilities (CN¥6.92 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¥4.91 Billion
% of Total Assets 41.51%
Annual Growth Rate 12.36%
5-Year Change -36.01%
10-Year Change -21.33%
Growth Volatility 1139.48

Macrolink Real Estate Co Ltd - Net Assets Trend (1993–2024)

This chart illustrates how Macrolink Real Estate 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 Macrolink Real Estate Co Ltd (1993–2024)

The table below shows the annual net assets of Macrolink Real Estate Co Ltd from 1993 to 2024.

Year Net Assets Change
2024-12-31 CN¥5.34 Billion -10.83%
2023-12-31 CN¥5.98 Billion +608.61%
2022-12-31 CN¥844.52 Million -80.53%
2021-12-31 CN¥4.34 Billion -47.99%
2020-12-31 CN¥8.34 Billion -14.19%
2019-12-31 CN¥9.72 Billion -2.62%
2018-12-31 CN¥9.98 Billion +21.82%
2017-12-31 CN¥8.19 Billion +17.59%
2016-12-31 CN¥6.97 Billion +2.71%
2015-12-31 CN¥6.78 Billion +80.86%
2014-12-31 CN¥3.75 Billion +6.23%
2013-12-31 CN¥3.53 Billion +16.08%
2012-12-31 CN¥3.04 Billion +0.43%
2011-12-31 CN¥3.03 Billion +6128.57%
2010-12-31 CN¥48.62 Million +1344.01%
2009-12-31 CN¥3.37 Million +16.63%
2008-12-31 CN¥2.89 Million +19.69%
2007-12-31 CN¥2.41 Million +30.82%
2006-12-31 CN¥1.84 Million +100.38%
2005-12-31 CN¥-483.12 Million -347.84%
2004-12-31 CN¥-107.88 Million -246.79%
2003-12-31 CN¥73.49 Million -71.27%
2002-12-31 CN¥255.80 Million -62.50%
2001-12-31 CN¥682.05 Million -14.91%
2000-12-31 CN¥801.59 Million -0.03%
1999-12-31 CN¥801.82 Million +13.09%
1998-12-31 CN¥708.98 Million +35.20%
1997-12-31 CN¥524.38 Million +11.31%
1996-12-31 CN¥471.10 Million +60.76%
1995-12-31 CN¥293.04 Million +77.06%
1994-12-31 CN¥165.51 Million +14.98%
1993-12-31 CN¥143.94 Million --

Equity Component Analysis

This analysis shows how different components contribute to Macrolink Real Estate 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 952729.6% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥1.66 Billion 33.94%
Other Components CN¥6.97 Billion 142.56%
Total Equity CN¥4.89 Billion 100.00%

Macrolink Real Estate Co Ltd Competitors by Market Cap

The table below lists competitors of Macrolink Real Estate Co Ltd ranked by their market capitalization.

Company Market Cap
Marriot Vacations Worldwide
NYSE:VAC
 		$1.86 Billion
HARBOUR ENERGY LS 000002
F:PQQ0
 		$1.86 Billion
VALIF
PINK:VALIF
 		$1.86 Billion
Aurinia Pharmaceuticals Inc
NASDAQ:AUPH
 		$1.86 Billion
COUNTRY GARDEN SVDL-0001
F:75H
 		$1.86 Billion
China Baoan Group Co Ltd
SHE:000009
 		$1.86 Billion
WisdomTree Inc.
NYSE:WT
 		$1.85 Billion
Atlas Corp
NASDAQ:ATCOL
 		$1.85 Billion

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 5,377,364,355 to 4,887,127,060, a change of -490,237,295 (-9.1%).
  • Net loss of 533,142,256 reduced equity.
  • Dividend payments of 56,975,164 reduced retained earnings.
  • Other factors increased equity by 99,880,125.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-533.14 Million -10.91%
Dividends Paid CN¥56.98 Million -1.17%
Other Changes CN¥99.88 Million +2.04%
Total Change CN¥- -9.12%

Book Value vs Market Value Analysis

This analysis compares Macrolink Real Estate 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: 4.11x
  • 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 15.27x to 4.11x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1995-12-31 CN¥0.22 CN¥3.39 x
1996-12-31 CN¥0.36 CN¥3.39 x
1997-12-31 CN¥0.40 CN¥3.39 x
1998-12-31 CN¥0.54 CN¥3.39 x
1999-12-31 CN¥0.62 CN¥3.39 x
2000-12-31 CN¥0.61 CN¥3.39 x
2001-12-31 CN¥0.52 CN¥3.39 x
2002-12-31 CN¥0.20 CN¥3.39 x
2003-12-31 CN¥0.06 CN¥3.39 x
2004-12-31 CN¥-0.08 CN¥3.39 x
2005-12-31 CN¥-0.37 CN¥3.39 x
2006-12-31 CN¥0.00 CN¥3.39 x
2007-12-31 CN¥0.00 CN¥3.39 x
2008-12-31 CN¥0.00 CN¥3.39 x
2009-12-31 CN¥0.00 CN¥3.39 x
2010-12-31 CN¥0.00 CN¥3.39 x
2011-12-31 CN¥2.05 CN¥3.39 x
2012-12-31 CN¥1.86 CN¥3.39 x
2013-12-31 CN¥2.05 CN¥3.39 x
2014-12-31 CN¥2.17 CN¥3.39 x
2015-12-31 CN¥3.27 CN¥3.39 x
2016-12-31 CN¥3.30 CN¥3.39 x
2017-12-31 CN¥3.42 CN¥3.39 x
2018-12-31 CN¥4.13 CN¥3.39 x
2019-12-31 CN¥4.20 CN¥3.39 x
2020-12-31 CN¥3.50 CN¥3.39 x
2021-12-31 CN¥1.40 CN¥3.39 x
2022-12-31 CN¥-0.39 CN¥3.39 x
2023-12-31 CN¥2.90 CN¥3.39 x
2024-12-31 CN¥0.82 CN¥3.39 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Macrolink Real Estate 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): -10.91%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -17.52%
  • • Asset Turnover: 0.25x
  • • Equity Multiplier: 2.50x
  • Recent ROE (-10.91%) is below the historical average (788.76%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1995 11.44% 4.44% 0.94x 2.73x CN¥4.14 Million
1996 10.07% 6.34% 0.76x 2.10x CN¥347.19K
1997 10.35% 6.84% 0.79x 1.91x CN¥1.83 Million
1998 8.05% 9.22% 0.50x 1.74x CN¥-13.77 Million
1999 7.76% 11.73% 0.56x 1.17x CN¥-17.93 Million
2000 6.18% 35.42% 0.11x 1.53x CN¥-30.22 Million
2001 -66.34% -71.46% 0.54x 1.73x CN¥-512.70 Million
2002 -73.49% -30.56% 0.95x 2.54x CN¥-213.56 Million
2003 -47.57% -5.07% 1.19x 7.86x CN¥-42.30 Million
2004 0.00% -15.71% 1.61x 0.00x CN¥-110.96 Million
2005 0.00% -133.17% 1.16x 0.00x CN¥-326.93 Million
2006 36.65% 13.70% 1.61x 1.67x CN¥491.47K
2007 23.56% 10.31% 0.97x 2.36x CN¥327.00K
2008 16.45% 23.45% 0.43x 1.65x CN¥186.16K
2009 10749.19% 15.52% 446.71x 1.55x CN¥361.60 Million
2010 13020.70% 29.97% 34.02x 12.77x CN¥515.50 Million
2011 20.32% 24.64% 0.32x 2.57x CN¥308.09 Million
2012 19.89% 23.57% 0.24x 3.52x CN¥297.40 Million
2013 15.59% 19.55% 0.14x 5.60x CN¥182.33 Million
2014 12.00% 12.04% 0.14x 7.03x CN¥70.15 Million
2015 5.20% 6.60% 0.14x 5.74x CN¥-284.30 Million
2016 8.49% 6.97% 0.17x 7.23x CN¥-92.97 Million
2017 13.18% 11.39% 0.15x 7.97x CN¥204.32 Million
2018 15.26% 8.47% 0.26x 6.89x CN¥408.71 Million
2019 10.23% 6.76% 0.23x 6.70x CN¥17.94 Million
2020 -19.44% -18.15% 0.14x 7.62x CN¥-1.95 Billion
2021 -146.70% -45.27% 0.20x 16.25x CN¥-4.16 Billion
2022 0.00% -65.03% 0.13x 0.00x CN¥-3.34 Billion
2023 6.54% 9.08% 0.26x 2.75x CN¥-185.84 Million
2024 -10.91% -17.52% 0.25x 2.50x CN¥-1.02 Billion

Industry Comparison

This section compares Macrolink Real Estate Co Ltd's net assets metrics with peer companies in the Conglomerates industry.

Industry Context

  • Industry: Conglomerates
  • Average net assets among peers: $1,070,811,068
  • Average return on equity (ROE) among peers: 9.12%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Macrolink Real Estate Co Ltd (000620) CN¥4.91 Billion 11.44% 1.41x $1.86 Billion
China Baoan Group Co Ltd (000009) $1.27 Billion 1.07% 2.24x $1.86 Billion
Yunding Technology Co Ltd (000409) $941.98 Million 8.55% 0.27x $527.49 Million
Create Technology & Science Co Ltd (000551) $251.29 Million 12.94% 2.35x $557.14 Million
Sundiro Holding Co Ltd (000571) $1.77 Billion 7.65% 0.23x $606.69 Million
Guangdong Ganhua Science & Industry Co Ltd (000576) $701.02 Million 10.07% 0.54x $356.12 Million
Tianjin Economic-technological Development Area Co Ltd (000652) $571.94 Million 29.23% 0.30x $544.91 Million
CHTC Helon Co Ltd (000677) $529.22 Million 4.03% 1.82x $434.09 Million
Gansu Yatai Industrial Development Co Ltd (000691) $673.22 Million 5.50% 0.58x $290.70 Million
Hunan Fazhan Industrial Co Ltd (000722) $2.92 Billion 3.04% 0.07x $393.69 Million