Macrolink Real Estate Co Ltd (000620) - Net Assets
Based on the latest financial reports, Macrolink Real Estate Co Ltd (000620) has net assets worth CN¥4.91 Billion CNY (≈ $718.29 Million USD) 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 ≈ $1.73 Billion USD) and total liabilities (CN¥6.92 Billion ≈ $1.01 Billion 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 how resilient are Macrolink Real Estate Co Ltd's assets to evaluate the company's liquid asset resilience ratio.
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 | -21.4% |
| Growth Volatility | 9409.2 |
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. Also explore 000620 total assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see Macrolink Real Estate Co Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥5.34 Billion ≈ $780.89 Million |
-10.83% |
| 2023-12-31 | CN¥5.98 Billion ≈ $875.70 Million |
+608.61% |
| 2022-12-31 | CN¥844.52 Million ≈ $123.58 Million |
-80.53% |
| 2021-12-31 | CN¥4.34 Billion ≈ $634.73 Million |
-47.99% |
| 2020-12-31 | CN¥8.34 Billion ≈ $1.22 Billion |
-14.19% |
| 2019-12-31 | CN¥9.72 Billion ≈ $1.42 Billion |
-2.62% |
| 2018-12-31 | CN¥9.98 Billion ≈ $1.46 Billion |
+20.20% |
| 2017-12-31 | CN¥8.30 Billion ≈ $1.21 Billion |
+19.18% |
| 2016-12-31 | CN¥6.97 Billion ≈ $1.02 Billion |
+2.61% |
| 2015-12-31 | CN¥6.79 Billion ≈ $993.54 Million |
+81.04% |
| 2014-12-31 | CN¥3.75 Billion ≈ $548.81 Million |
+6.23% |
| 2013-12-31 | CN¥3.53 Billion ≈ $516.62 Million |
+15.31% |
| 2012-12-31 | CN¥3.06 Billion ≈ $448.03 Million |
+10.36% |
| 2011-12-31 | CN¥2.77 Billion ≈ $405.96 Million |
+45.83% |
| 2010-12-31 | CN¥1.90 Billion ≈ $278.37 Million |
+27.49% |
| 2009-12-31 | CN¥1.49 Billion ≈ $218.35 Million |
+51584.76% |
| 2008-12-31 | CN¥2.89 Million ≈ $422.47K |
+19.69% |
| 2007-12-31 | CN¥2.41 Million ≈ $352.98K |
+30.82% |
| 2006-12-31 | CN¥1.84 Million ≈ $269.83K |
+100.38% |
| 2005-12-31 | CN¥-483.12 Million ≈ $-70.70 Million |
-921.96% |
| 2004-12-31 | CN¥-47.27 Million ≈ $-6.92 Million |
-164.33% |
| 2003-12-31 | CN¥73.49 Million ≈ $10.75 Million |
-32.26% |
| 2002-12-31 | CN¥108.49 Million ≈ $15.88 Million |
-63.86% |
| 2001-12-31 | CN¥300.22 Million ≈ $43.93 Million |
-60.65% |
| 2000-12-31 | CN¥763.01 Million ≈ $111.65 Million |
+1.63% |
| 1999-12-31 | CN¥750.79 Million ≈ $109.86 Million |
+6.01% |
| 1998-12-31 | CN¥708.24 Million ≈ $103.64 Million |
+35.06% |
| 1997-12-31 | CN¥524.38 Million ≈ $76.73 Million |
+11.31% |
| 1996-12-31 | CN¥471.10 Million ≈ $68.94 Million |
+60.76% |
| 1995-12-31 | CN¥293.04 Million ≈ $42.88 Million |
+77.06% |
| 1994-12-31 | CN¥165.51 Million ≈ $24.22 Million |
+14.98% |
| 1993-12-31 | CN¥143.94 Million ≈ $21.06 Million |
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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 |
|---|---|
|
By health
SHE:300146
|
$2.61 Billion |
|
Eaglerise Electric & Electronic China Co Ltd Class A
SHE:002922
|
$2.62 Billion |
|
AXT Inc
NASDAQ:AXTI
|
$2.62 Billion |
|
Boise Cascad Llc
NYSE:BCC
|
$2.62 Billion |
|
Daetwyl I
SW:DAE
|
$2.61 Billion |
|
Energi Mega Persada Tbk
JK:ENRG
|
$2.61 Billion |
|
Colbun
SN:COLBUN
|
$2.61 Billion |
|
Yunnan Botanee Bio-Technology Group Co Ltd
SHE:300957
|
$2.61 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: 3.68x
- 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 13.69x to 3.68x 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¥3.04 | x |
| 1996-12-31 | CN¥0.36 | CN¥3.04 | x |
| 1997-12-31 | CN¥0.40 | CN¥3.04 | x |
| 1998-12-31 | CN¥0.54 | CN¥3.04 | x |
| 1999-12-31 | CN¥0.58 | CN¥3.04 | x |
| 2000-12-31 | CN¥0.58 | CN¥3.04 | x |
| 2001-12-31 | CN¥0.23 | CN¥3.04 | x |
| 2002-12-31 | CN¥0.08 | CN¥3.04 | x |
| 2003-12-31 | CN¥0.06 | CN¥3.04 | x |
| 2004-12-31 | CN¥-0.04 | CN¥3.04 | x |
| 2005-12-31 | CN¥-0.37 | CN¥3.04 | x |
| 2006-12-31 | CN¥0.00 | CN¥3.04 | x |
| 2007-12-31 | CN¥0.00 | CN¥3.04 | x |
| 2008-12-31 | CN¥0.00 | CN¥3.04 | x |
| 2009-12-31 | CN¥1.13 | CN¥3.04 | x |
| 2010-12-31 | CN¥1.44 | CN¥3.04 | x |
| 2011-12-31 | CN¥1.88 | CN¥3.04 | x |
| 2012-12-31 | CN¥1.87 | CN¥3.04 | x |
| 2013-12-31 | CN¥2.05 | CN¥3.04 | x |
| 2014-12-31 | CN¥2.17 | CN¥3.04 | x |
| 2015-12-31 | CN¥3.27 | CN¥3.04 | x |
| 2016-12-31 | CN¥3.30 | CN¥3.04 | x |
| 2017-12-31 | CN¥3.47 | CN¥3.04 | x |
| 2018-12-31 | CN¥4.13 | CN¥3.04 | x |
| 2019-12-31 | CN¥4.20 | CN¥3.04 | x |
| 2020-12-31 | CN¥3.50 | CN¥3.04 | x |
| 2021-12-31 | CN¥1.40 | CN¥3.04 | x |
| 2022-12-31 | CN¥-0.39 | CN¥3.04 | x |
| 2023-12-31 | CN¥2.90 | CN¥3.04 | x |
| 2024-12-31 | CN¥0.82 | CN¥3.04 | 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 (-7.78%), 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¥-13.69 Million |
| 1999 | 8.31% | 11.73% | 0.61x | 1.17x | CN¥-12.58 Million |
| 2000 | 6.50% | 35.42% | 0.12x | 1.56x | CN¥-26.36 Million |
| 2001 | -148.41% | -71.46% | 0.94x | 2.21x | CN¥-475.57 Million |
| 2002 | -173.26% | -30.56% | 1.10x | 5.17x | CN¥-198.82 Million |
| 2003 | -47.57% | -5.07% | 1.19x | 7.86x | CN¥-42.30 Million |
| 2004 | 0.00% | -15.71% | 1.61x | 0.00x | CN¥-117.02 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 | 25.58% | 15.52% | 0.70x | 2.36x | CN¥220.43 Million |
| 2010 | 27.77% | 29.97% | 0.30x | 3.10x | CN¥330.13 Million |
| 2011 | 22.21% | 32.49% | 0.26x | 2.68x | CN¥333.51 Million |
| 2012 | 19.76% | 23.57% | 0.24x | 3.52x | CN¥295.37 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 | 5.19% | 6.60% | 0.14x | 5.74x | CN¥-284.75 Million |
| 2016 | 8.49% | 6.97% | 0.17x | 7.23x | CN¥-92.97 Million |
| 2017 | 12.95% | 11.39% | 0.14x | 7.86x | CN¥193.28 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: $3,189,244,631
- Average return on equity (ROE) among peers: 1.65%
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 | $2.61 Billion |
| China Baoan Group Co Ltd (000009) | $21.72 Billion | 0.79% | 1.48x | $3.25 Billion |
| Yunding Technology Co Ltd (000409) | $1.28 Billion | -35.07% | 2.00x | $1.03 Billion |
| Create Technology & Science Co Ltd (000551) | $500.09 Million | 0.51% | 1.08x | $1.21 Billion |
| Sundiro Holding Co Ltd (000571) | $848.57 Million | 1.48% | 0.18x | $672.89 Million |
| Guangdong Ganhua Science & Industry Co Ltd (000576) | $727.38 Million | 0.31% | 1.01x | $576.03 Million |
| Tianjin Economic-technological Development Area Co Ltd (000652) | $267.20 Million | 26.72% | 2.17x | $952.22 Million |
| CHTC Helon Co Ltd (000677) | $691.97 Million | 0.95% | 0.25x | $414.68 Million |
| Gansu Yatai Industrial Development Co Ltd (000691) | $180.32 Million | 11.41% | 0.90x | $569.07 Million |
| Hunan Fazhan Industrial Co Ltd (000722) | $2.49 Billion | 7.77% | 0.22x | $988.25 Million |
About Macrolink Real Estate Co Ltd
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