Rongfeng Holding Group (000668) - Net Assets
Based on the latest financial reports, Rongfeng Holding Group (000668) has net assets worth CN¥756.23 Million CNY (≈ $110.66 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.21 Billion ≈ $176.61 Million USD) and total liabilities (CN¥450.66 Million ≈ $65.95 Million 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 Rongfeng Holding Group tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥756.23 Million |
| % of Total Assets | 62.66% |
| Annual Growth Rate | 7.33% |
| 5-Year Change | -58.67% |
| 10-Year Change | 12.56% |
| Growth Volatility | 22.55 |
Rongfeng Holding Group - Net Assets Trend (1993–2025)
This chart illustrates how Rongfeng Holding Group's net assets have evolved over time, based on quarterly financial data. See Rongfeng Holding Group (000668) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Rongfeng Holding Group (1993–2025)
The table below shows the annual net assets of Rongfeng Holding Group from 1993 to 2025. For live valuation and market cap data, see Rongfeng Holding Group market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥768.62 Million ≈ $112.47 Million |
+3.40% |
| 2024-12-31 | CN¥743.35 Million ≈ $108.78 Million |
-32.52% |
| 2023-12-31 | CN¥1.10 Billion ≈ $161.19 Million |
-16.11% |
| 2022-12-31 | CN¥1.31 Billion ≈ $192.14 Million |
-29.39% |
| 2021-12-31 | CN¥1.86 Billion ≈ $272.13 Million |
+78.49% |
| 2020-12-31 | CN¥1.04 Billion ≈ $152.46 Million |
-5.30% |
| 2019-12-31 | CN¥1.10 Billion ≈ $160.99 Million |
+14.76% |
| 2018-12-31 | CN¥958.64 Million ≈ $140.28 Million |
+37.59% |
| 2017-12-31 | CN¥696.76 Million ≈ $101.96 Million |
+2.03% |
| 2016-12-31 | CN¥682.87 Million ≈ $99.92 Million |
-6.21% |
| 2015-12-31 | CN¥728.10 Million ≈ $106.54 Million |
+4.17% |
| 2014-12-31 | CN¥698.97 Million ≈ $102.28 Million |
-6.46% |
| 2013-12-31 | CN¥747.23 Million ≈ $109.34 Million |
+0.52% |
| 2012-12-31 | CN¥743.38 Million ≈ $108.78 Million |
+0.43% |
| 2011-12-31 | CN¥740.22 Million ≈ $108.32 Million |
-0.63% |
| 2010-12-31 | CN¥744.92 Million ≈ $109.01 Million |
+7.88% |
| 2009-12-31 | CN¥690.53 Million ≈ $101.05 Million |
+18.56% |
| 2008-12-31 | CN¥582.42 Million ≈ $85.23 Million |
+19.21% |
| 2007-12-31 | CN¥488.57 Million ≈ $71.49 Million |
+17.03% |
| 2006-12-31 | CN¥417.46 Million ≈ $61.09 Million |
+5.75% |
| 2005-12-31 | CN¥394.77 Million ≈ $57.77 Million |
+4.28% |
| 2004-12-31 | CN¥378.55 Million ≈ $55.39 Million |
+5.39% |
| 2003-12-31 | CN¥359.18 Million ≈ $52.56 Million |
+6.16% |
| 2002-12-31 | CN¥338.35 Million ≈ $49.51 Million |
+2.91% |
| 2001-12-31 | CN¥328.77 Million ≈ $48.11 Million |
-7.84% |
| 2000-12-31 | CN¥356.74 Million ≈ $52.20 Million |
+13.33% |
| 1999-12-31 | CN¥314.77 Million ≈ $46.06 Million |
+9.93% |
| 1998-12-31 | CN¥286.33 Million ≈ $41.90 Million |
+76.43% |
| 1997-12-31 | CN¥162.29 Million ≈ $23.75 Million |
+22.61% |
| 1996-12-31 | CN¥132.36 Million ≈ $19.37 Million |
+21.86% |
| 1995-12-31 | CN¥108.62 Million ≈ $15.89 Million |
+22.95% |
| 1994-12-31 | CN¥88.35 Million ≈ $12.93 Million |
+10.56% |
| 1993-12-31 | CN¥79.91 Million ≈ $11.69 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Rongfeng Holding Group'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 grown by 8599.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥410.73 Million | 54.05% |
| Other Components | CN¥349.19 Million | 45.95% |
| Total Equity | CN¥759.92 Million | 100.00% |
Rongfeng Holding Group Competitors by Market Cap
The table below lists competitors of Rongfeng Holding Group ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BlackRock Limited Duration Income Trust
NYSE:BLW
|
$478.39 Million |
|
Hexagon Purus As
OL:HPUR
|
$478.40 Million |
|
Beijing Andawell Science & Technology Co Ltd Class A
SHE:300719
|
$478.41 Million |
|
Kyverna Therapeutics, Inc. Common Stock
NASDAQ:KYTX
|
$478.46 Million |
|
Bingshan Refrigeration & Heat Transfer Technologies Co Ltd
SHE:000530
|
$478.11 Million |
|
Shanghai Lianming Machinery Co Ltd
SHG:603006
|
$478.09 Million |
|
Icon Offshore Bhd
KLSE:5255
|
$478.04 Million |
|
EQV Ventures Acquisition Corp. II
NYSE:EVAC
|
$477.93 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Rongfeng Holding Group's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 733,772,795 to 759,919,644, a change of 26,146,848 (3.6%).
- Net income of 26,146,848 contributed positively to equity growth.
- Dividend payments of 12,982,168 reduced retained earnings.
- Other comprehensive income decreased equity by 202,343,716.
- Other factors increased equity by 215,325,885.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥26.15 Million | +3.44% |
| Dividends Paid | CN¥12.98 Million | -1.71% |
| Other Comprehensive Income | CN¥-202.34 Million | -26.63% |
| Other Changes | CN¥215.33 Million | +28.34% |
| Total Change | CN¥- | 3.56% |
Book Value vs Market Value Analysis
This analysis compares Rongfeng Holding Group'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: 4.30x
- 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 51.29x to 4.30x 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¥0.43 | CN¥22.26 | x |
| 1995-12-31 | CN¥0.48 | CN¥22.26 | x |
| 1996-12-31 | CN¥0.60 | CN¥22.26 | x |
| 1997-12-31 | CN¥0.75 | CN¥22.26 | x |
| 1998-12-31 | CN¥1.35 | CN¥22.26 | x |
| 1999-12-31 | CN¥1.50 | CN¥22.26 | x |
| 2000-12-31 | CN¥1.69 | CN¥22.26 | x |
| 2001-12-31 | CN¥1.62 | CN¥22.26 | x |
| 2002-12-31 | CN¥1.66 | CN¥22.26 | x |
| 2003-12-31 | CN¥1.76 | CN¥22.26 | x |
| 2004-12-31 | CN¥1.86 | CN¥22.26 | x |
| 2005-12-31 | CN¥1.94 | CN¥22.26 | x |
| 2006-12-31 | CN¥2.02 | CN¥22.26 | x |
| 2007-12-31 | CN¥2.37 | CN¥22.26 | x |
| 2008-12-31 | CN¥3.63 | CN¥22.26 | x |
| 2009-12-31 | CN¥4.27 | CN¥22.26 | x |
| 2010-12-31 | CN¥4.54 | CN¥22.26 | x |
| 2011-12-31 | CN¥4.00 | CN¥22.26 | x |
| 2012-12-31 | CN¥6.30 | CN¥22.26 | x |
| 2013-12-31 | CN¥5.62 | CN¥22.26 | x |
| 2014-12-31 | CN¥4.19 | CN¥22.26 | x |
| 2015-12-31 | CN¥4.32 | CN¥22.26 | x |
| 2016-12-31 | CN¥4.13 | CN¥22.26 | x |
| 2017-12-31 | CN¥4.14 | CN¥22.26 | x |
| 2018-12-31 | CN¥5.77 | CN¥22.26 | x |
| 2019-12-31 | CN¥6.64 | CN¥22.26 | x |
| 2020-12-31 | CN¥6.43 | CN¥22.26 | x |
| 2021-12-31 | CN¥8.03 | CN¥22.26 | x |
| 2022-12-31 | CN¥8.30 | CN¥22.26 | x |
| 2023-12-31 | CN¥7.55 | CN¥22.26 | x |
| 2024-12-31 | CN¥4.99 | CN¥22.26 | x |
| 2025-12-31 | CN¥5.18 | CN¥22.26 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Rongfeng Holding Group 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): 3.44%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.44%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 1.67x
- Recent ROE (3.44%) is below the historical average (5.62%), 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 | 11.55% | 2.76% | 1.56x | 2.68x | CN¥1.37 Million |
| 1995 | 10.35% | 1.60% | 2.39x | 2.72x | CN¥348.20K |
| 1996 | 19.20% | 3.28% | 2.44x | 2.40x | CN¥11.22 Million |
| 1997 | 19.76% | 3.43% | 2.72x | 2.12x | CN¥14.84 Million |
| 1998 | 10.37% | 3.09% | 1.85x | 1.82x | CN¥1.02 Million |
| 1999 | 13.08% | 4.29% | 1.42x | 2.14x | CN¥9.41 Million |
| 2000 | 13.72% | 4.06% | 1.30x | 2.60x | CN¥12.79 Million |
| 2001 | 5.28% | 1.37% | 1.28x | 3.02x | CN¥-15.51 Million |
| 2002 | 6.71% | 1.87% | 1.23x | 2.92x | CN¥-11.12 Million |
| 2003 | 8.66% | 1.96% | 1.79x | 2.47x | CN¥-4.81 Million |
| 2004 | 8.99% | 1.62% | 2.89x | 1.91x | CN¥-3.83 Million |
| 2005 | 6.95% | 1.02% | 4.21x | 1.62x | CN¥-12.03 Million |
| 2006 | 9.57% | 1.21% | 5.42x | 1.46x | CN¥-1.78 Million |
| 2007 | 13.99% | 2.00% | 5.36x | 1.30x | CN¥19.48 Million |
| 2008 | 34.70% | 6.47% | 2.59x | 2.07x | CN¥131.38 Million |
| 2009 | 17.79% | 31.36% | 0.34x | 1.67x | CN¥48.86 Million |
| 2010 | 8.58% | 34.50% | 0.18x | 1.41x | CN¥-9.57 Million |
| 2011 | 0.50% | 3.49% | 0.10x | 1.41x | CN¥-63.61 Million |
| 2012 | 0.26% | 2.52% | 0.06x | 1.66x | CN¥-65.22 Million |
| 2013 | 0.26% | 1.49% | 0.08x | 2.27x | CN¥-65.25 Million |
| 2014 | -7.40% | -425.80% | 0.01x | 2.71x | CN¥-108.35 Million |
| 2015 | 3.93% | 23.91% | 0.07x | 2.22x | CN¥-39.32 Million |
| 2016 | -6.77% | -314.84% | 0.01x | 3.35x | CN¥-101.36 Million |
| 2017 | 1.69% | 3.85% | 0.12x | 3.68x | CN¥-51.08 Million |
| 2018 | 1.04% | 3.55% | 0.09x | 3.32x | CN¥-76.07 Million |
| 2019 | 3.76% | 8.75% | 0.15x | 2.78x | CN¥-60.80 Million |
| 2020 | -2.47% | -21.25% | 0.04x | 2.77x | CN¥-117.69 Million |
| 2021 | 19.97% | 93.40% | 0.07x | 3.26x | CN¥117.63 Million |
| 2022 | -3.11% | -5.94% | 0.27x | 1.91x | CN¥-159.76 Million |
| 2023 | -4.51% | -42.35% | 0.06x | 1.68x | CN¥-159.79 Million |
| 2024 | -50.12% | -275.57% | 0.10x | 1.88x | CN¥-441.15 Million |
| 2025 | 3.44% | 6.44% | 0.32x | 1.67x | CN¥-49.85 Million |
Industry Comparison
This section compares Rongfeng Holding Group's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $3,274,293,055
- Average return on equity (ROE) among peers: 7.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Rongfeng Holding Group (000668) | CN¥756.23 Million | 11.55% | 0.60x | $478.31 Million |
| Shenzhen SEG Co Ltd (000058) | $1.52 Billion | -22.36% | 1.28x | $955.37 Million |
| 5I5j Holding Group Co Ltd (000560) | $10.71 Billion | 1.55% | 2.08x | $758.30 Million |
| DongGuan Winnerway Industrial Zone Ltd (000573) | $1.35 Billion | 0.30% | 0.68x | $375.47 Million |
| Beijing Mainstreets Investment (000609) | $406.05 Million | 6.33% | 0.09x | $518.50 Million |
| Sanxiang Co Ltd (000863) | $4.12 Billion | 0.15% | 0.68x | $765.39 Million |
| China Merchants Property Operation & Service Co Ltd (001914) | $9.31 Billion | 6.37% | 0.91x | $1.36 Billion |
| Shenzhen Worldunion Properties Consultancy Inc (002285) | $174.14 Million | 46.33% | 0.77x | $656.13 Million |
| Chongqing New Dazheng Property Grp (002968) | $754.94 Million | 13.84% | 0.32x | $296.68 Million |
| Shenzhen SEG Co Ltd (200058) | $1.13 Billion | 12.65% | 0.92x | $50.65 Million |
About Rongfeng Holding Group
Rongfeng Holding Group Co.,Ltd. engages in the real estate development, commercial housing sales, and property management. It operates through three segments: Real Estate Development, Sales And Leasing Segment; The E-Commerce Live Broadcast Segment; And The Cross-Border Logistics Segment. Its real estate development, sales and leasing segment engages in development, construction, leasing, and sal… Read more