Jinke Property Group Co Ltd

SHE:000656 China Real Estate - Development
Market Cap
$2.01 Billion
CN¥14.78 Billion CNY
Market Cap Rank
#5224 Global
#645 in China
Share Price
CN¥1.39
Change (1 day)
+0.72%
52-Week Range
CN¥1.21 - CN¥1.64
All Time High
CN¥10.09
About

Jinke Property Group Co., Ltd. engages in the real estate development business primarily in China. The company was formerly known as Chongqing Dongyuan Industrial Development Co., Ltd. and changed its name to Jinke Property Group Co., Ltd. in June 2011. Jinke Property Group Co., Ltd. was founded in 1987 and is based in Chongqing, China.

Jinke Property Group Co Ltd (000656) - Net Assets

Latest net assets as of September 2025: CN¥-26.00 Billion CNY

Based on the latest financial reports, Jinke Property Group Co Ltd (000656) has net assets worth CN¥-26.00 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¥170.30 Billion) and total liabilities (CN¥196.30 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¥-26.00 Billion
% of Total Assets -15.27%
Annual Growth Rate N/A
5-Year Change -123.52%
10-Year Change -212.7%
Growth Volatility 192.89

Jinke Property Group Co Ltd - Net Assets Trend (1993–2024)

This chart illustrates how Jinke Property Group 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 Jinke Property Group Co Ltd (1993–2024)

The table below shows the annual net assets of Jinke Property Group Co Ltd from 1993 to 2024.

Year Net Assets Change
2024-12-31 CN¥-17.29 Billion -183.80%
2023-12-31 CN¥20.63 Billion -46.95%
2022-12-31 CN¥38.89 Billion -49.97%
2021-12-31 CN¥77.73 Billion +5.76%
2020-12-31 CN¥73.50 Billion +40.93%
2019-12-31 CN¥52.15 Billion +38.09%
2018-12-31 CN¥37.77 Billion +68.85%
2017-12-31 CN¥22.37 Billion -0.74%
2016-12-31 CN¥22.53 Billion +46.90%
2015-12-31 CN¥15.34 Billion +16.50%
2014-12-31 CN¥13.17 Billion +32.62%
2013-12-31 CN¥9.93 Billion +24.73%
2012-12-31 CN¥7.96 Billion +47.03%
2011-12-31 CN¥5.41 Billion +1069.73%
2010-12-31 CN¥462.77 Million +5.43%
2009-12-31 CN¥438.92 Million +3.94%
2008-12-31 CN¥422.29 Million +2.21%
2007-12-31 CN¥413.15 Million +4.62%
2006-12-31 CN¥394.91 Million -4.40%
2005-12-31 CN¥413.08 Million -2.11%
2004-12-31 CN¥421.99 Million +9.39%
2003-12-31 CN¥385.78 Million +32.53%
2002-12-31 CN¥291.08 Million +0.54%
2001-12-31 CN¥289.51 Million -0.54%
2000-12-31 CN¥291.09 Million -1.14%
1999-12-31 CN¥294.44 Million -2.39%
1998-12-31 CN¥301.65 Million -0.66%
1997-12-31 CN¥303.65 Million +12.85%
1996-12-31 CN¥269.08 Million +12.43%
1995-12-31 CN¥239.32 Million +0.43%
1994-12-31 CN¥238.29 Million +1.69%
1993-12-31 CN¥234.33 Million --

Equity Component Analysis

This analysis shows how different components contribute to Jinke Property Group 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 601312.8% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥5.34 Billion %
Other Comprehensive Income CN¥3.46 Billion %
Other Components CN¥6.90 Billion %
Total Equity CN¥-28.68 Billion 100.00%

Jinke Property Group Co Ltd Competitors by Market Cap

The table below lists competitors of Jinke Property Group Co Ltd ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 3,508,436,211 to -28,682,918,000, a change of -32,191,354,211 (-917.5%).
  • Net loss of 31,969,609,000 reduced equity.
  • Dividend payments of 634,839,367 reduced retained earnings.
  • Other comprehensive income increased equity by 2,142,997,637.
  • Other factors decreased equity by 1,729,903,481.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-31.97 Billion -111.46%
Dividends Paid CN¥634.84 Million -2.21%
Other Comprehensive Income CN¥2.14 Billion +7.47%
Other Changes CN¥-1.73 Billion -6.03%
Total Change CN¥- -917.54%

Book Value vs Market Value Analysis

This analysis compares Jinke Property Group 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

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1995-12-31 CN¥0.33 CN¥1.39 x
1996-12-31 CN¥0.37 CN¥1.39 x
1997-12-31 CN¥0.41 CN¥1.39 x
1998-12-31 CN¥0.41 CN¥1.39 x
1999-12-31 CN¥0.40 CN¥1.39 x
2000-12-31 CN¥0.40 CN¥1.39 x
2001-12-31 CN¥0.40 CN¥1.39 x
2002-12-31 CN¥0.40 CN¥1.39 x
2003-12-31 CN¥0.51 CN¥1.39 x
2004-12-31 CN¥0.54 CN¥1.39 x
2005-12-31 CN¥0.52 CN¥1.39 x
2006-12-31 CN¥0.58 CN¥1.39 x
2007-12-31 CN¥0.56 CN¥1.39 x
2008-12-31 CN¥0.57 CN¥1.39 x
2009-12-31 CN¥0.62 CN¥1.39 x
2010-12-31 CN¥0.13 CN¥1.39 x
2011-12-31 CN¥1.49 CN¥1.39 x
2012-12-31 CN¥1.99 CN¥1.39 x
2013-12-31 CN¥2.26 CN¥1.39 x
2014-12-31 CN¥2.67 CN¥1.39 x
2015-12-31 CN¥2.74 CN¥1.39 x
2016-12-31 CN¥4.01 CN¥1.39 x
2017-12-31 CN¥3.45 CN¥1.39 x
2018-12-31 CN¥4.30 CN¥1.39 x
2019-12-31 CN¥5.06 CN¥1.39 x
2020-12-31 CN¥6.91 CN¥1.39 x
2021-12-31 CN¥7.33 CN¥1.39 x
2022-12-31 CN¥2.35 CN¥1.39 x
2023-12-31 CN¥0.68 CN¥1.39 x
2024-12-31 CN¥-5.42 CN¥1.39 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Jinke Property Group 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): 0.00%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -116.02%
  • • Asset Turnover: 0.16x
  • • Equity Multiplier: 0.00x
  • Recent ROE (0.00%) is above the historical average (-0.82%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1995 12.16% 6.19% 0.75x 2.61x CN¥5.17 Million
1996 11.06% 5.71% 0.93x 2.08x CN¥2.84 Million
1997 11.39% 7.99% 0.82x 1.74x CN¥4.21 Million
1998 9.02% 6.98% 0.76x 1.69x CN¥-2.95 Million
1999 -8.48% -6.72% 0.77x 1.63x CN¥-54.41 Million
2000 6.28% 3.87% 0.67x 2.41x CN¥-10.83 Million
2001 -5.62% -4.27% 0.54x 2.43x CN¥-45.34 Million
2002 1.17% 0.77% 0.63x 2.40x CN¥-25.84 Million
2003 0.84% 1.76% 0.34x 1.39x CN¥-34.38 Million
2004 -4.87% -16781.29% 0.00x 1.26x CN¥-59.12 Million
2005 -3.42% -104.52% 0.02x 1.34x CN¥-51.42 Million
2006 2.31% 47.14% 0.04x 1.17x CN¥-29.88 Million
2007 5.34% 288.97% 0.02x 1.13x CN¥-19.11 Million
2008 2.33% 3016.43% 0.00x 1.04x CN¥-32.41 Million
2009 3.79% 2298.60% 0.00x 1.01x CN¥-27.26 Million
2010 199.98% 16.32% 12.05x 1.02x CN¥879.19 Million
2011 20.58% 10.84% 0.26x 7.19x CN¥549.49 Million
2012 18.42% 12.36% 0.20x 7.49x CN¥584.77 Million
2013 12.53% 6.12% 0.26x 7.95x CN¥198.86 Million
2014 8.62% 5.24% 0.21x 7.79x CN¥-145.11 Million
2015 9.86% 6.53% 0.20x 7.43x CN¥-18.44 Million
2016 6.97% 4.33% 0.30x 5.46x CN¥-605.38 Million
2017 10.14% 5.77% 0.22x 7.96x CN¥27.70 Million
2018 16.76% 9.42% 0.18x 9.95x CN¥1.57 Billion
2019 20.74% 8.37% 0.21x 11.75x CN¥2.94 Billion
2020 19.04% 8.02% 0.23x 10.32x CN¥3.34 Billion
2021 9.25% 3.21% 0.30x 9.54x CN¥-291.19 Million
2022 -171.82% -38.99% 0.18x 24.06x CN¥-22.64 Billion
2023 -248.89% -13.81% 0.28x 63.91x CN¥-9.08 Billion
2024 0.00% -116.02% 0.16x 0.00x CN¥-29.10 Billion

Industry Comparison

This section compares Jinke Property Group Co Ltd's net assets metrics with peer companies in the Real Estate - Development industry.

Industry Context

  • Industry: Real Estate - Development
  • Average net assets among peers: $9,981,031,371
  • Average return on equity (ROE) among peers: 6.00%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Jinke Property Group Co Ltd (000656) CN¥-26.00 Billion 12.16% N/A $1.83 Billion
China Vanke Co Ltd Class A (000002) $2.15 Billion 10.68% 1.09x $5.28 Billion
Shenzhen Zhenye Group Co Ltd (000006) $2.89 Billion 15.02% 1.88x $1.04 Billion
Shahe Industry Co Ltd (000014) $605.85 Million 8.96% 1.98x $312.36 Million
Grandjoy Holdings Group Co Ltd (000031) $52.09 Billion 0.21% 3.08x $571.80 Million
China Union Holdings Ltd (000036) $2.68 Billion 2.58% 1.41x $356.29 Million
Shenzhen Centralcon Investment Holding Co Ltd (000042) $1.74 Billion 0.39% 2.19x $315.70 Million
Shenzhen Wongtee International Enterprise Co Ltd (000056) $5.55 Billion 0.90% 1.24x $213.53 Million
Financial Street Holdings Co Ltd (000402) $31.13 Billion 9.01% 2.62x $785.44 Million
Chongqing Yukaifa Co Ltd (000514) $147.43 Million 10.06% 0.84x $208.71 Million
Rongan Property Co Ltd (000517) $819.92 Million 2.19% 0.80x $214.19 Million