Suning Universal Co Ltd (000718) - Net Assets
Based on the latest financial reports, Suning Universal Co Ltd (000718) has net assets worth CN¥9.43 Billion CNY (≈ $1.38 Billion 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¥13.39 Billion ≈ $1.96 Billion USD) and total liabilities (CN¥3.96 Billion ≈ $579.02 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 Suning Universal Co Ltd (000718) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥9.43 Billion |
| % of Total Assets | 70.45% |
| Annual Growth Rate | 12.87% |
| 5-Year Change | 11.3% |
| 10-Year Change | 1.24% |
| Growth Volatility | 51.24 |
Suning Universal Co Ltd - Net Assets Trend (1994–2024)
This chart illustrates how Suning Universal Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Suning Universal Co Ltd balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Suning Universal Co Ltd (1994–2024)
The table below shows the annual net assets of Suning Universal Co Ltd from 1994 to 2024. For live valuation and market cap data, see Suning Universal Co Ltd (000718) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥9.68 Billion ≈ $1.42 Billion |
+0.25% |
| 2023-12-31 | CN¥9.66 Billion ≈ $1.41 Billion |
-1.24% |
| 2022-12-31 | CN¥9.78 Billion ≈ $1.43 Billion |
+7.62% |
| 2021-12-31 | CN¥9.09 Billion ≈ $1.33 Billion |
+4.46% |
| 2020-12-31 | CN¥8.70 Billion ≈ $1.27 Billion |
+2.22% |
| 2019-12-31 | CN¥8.51 Billion ≈ $1.25 Billion |
-4.24% |
| 2018-12-31 | CN¥8.89 Billion ≈ $1.30 Billion |
-1.87% |
| 2017-12-31 | CN¥9.06 Billion ≈ $1.33 Billion |
+10.02% |
| 2016-12-31 | CN¥8.23 Billion ≈ $1.20 Billion |
-13.93% |
| 2015-12-31 | CN¥9.56 Billion ≈ $1.40 Billion |
+96.19% |
| 2014-12-31 | CN¥4.87 Billion ≈ $713.30 Million |
+12.61% |
| 2013-12-31 | CN¥4.33 Billion ≈ $633.40 Million |
-16.06% |
| 2012-12-31 | CN¥5.16 Billion ≈ $754.56 Million |
+17.79% |
| 2011-12-31 | CN¥4.38 Billion ≈ $640.62 Million |
+16.57% |
| 2010-12-31 | CN¥3.76 Billion ≈ $549.56 Million |
+23.48% |
| 2009-12-31 | CN¥3.04 Billion ≈ $445.07 Million |
+53.37% |
| 2008-12-31 | CN¥1.98 Billion ≈ $290.20 Million |
+144.86% |
| 2007-12-31 | CN¥809.90 Million ≈ $118.51 Million |
+66.74% |
| 2006-12-31 | CN¥485.73 Million ≈ $71.08 Million |
+18.22% |
| 2005-12-31 | CN¥410.87 Million ≈ $60.12 Million |
+276.11% |
| 2004-12-31 | CN¥-233.31 Million ≈ $-34.14 Million |
-152.44% |
| 2003-12-31 | CN¥444.92 Million ≈ $65.11 Million |
-53.28% |
| 2002-12-31 | CN¥952.39 Million ≈ $139.36 Million |
-21.95% |
| 2001-12-31 | CN¥1.22 Billion ≈ $178.56 Million |
-8.65% |
| 2000-12-31 | CN¥1.34 Billion ≈ $195.47 Million |
+19.51% |
| 1999-12-31 | CN¥1.12 Billion ≈ $163.56 Million |
+12.52% |
| 1998-12-31 | CN¥993.35 Million ≈ $145.36 Million |
+15.65% |
| 1997-12-31 | CN¥858.95 Million ≈ $125.69 Million |
+116.40% |
| 1996-12-31 | CN¥396.93 Million ≈ $58.08 Million |
+29.56% |
| 1995-12-31 | CN¥306.37 Million ≈ $44.83 Million |
+19.75% |
| 1994-12-31 | CN¥255.85 Million ≈ $37.44 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Suning Universal 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 grown by 466665334900.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥4.67 Billion | 49.58% |
| Common Stock | CN¥3.03 Billion | 32.24% |
| Other Comprehensive Income | CN¥992.80 Million | 10.55% |
| Other Components | CN¥718.11 Million | 7.63% |
| Total Equity | CN¥9.41 Billion | 100.00% |
Suning Universal Co Ltd Competitors by Market Cap
The table below lists competitors of Suning Universal Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Vulcabras Azaleia S.A
SA:VULC3
|
$972.59 Million |
|
Guangxi Liuzhou Pharm Co Ltd
SHG:603368
|
$973.00 Million |
|
SmartStop Self Storage REIT, Inc.
NYSE:SMA
|
$973.11 Million |
|
Guangdong Hongtu Technology Holdings Co Ltd
SHE:002101
|
$973.16 Million |
|
Hbt Financial Inc
NASDAQ:HBT
|
$972.40 Million |
|
Shanghai Hajime Advanced Material Technology Co. Ltd.
SHE:301000
|
$972.39 Million |
|
MA Financial Group Ltd
AU:MAF
|
$972.06 Million |
|
LG Chem Ltd
KO:051915
|
$972.05 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Suning Universal Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 9,388,695,628 to 9,412,197,584, a change of 23,501,956 (0.3%).
- Net income of 165,179,674 contributed positively to equity growth.
- Dividend payments of 332,270,238 reduced retained earnings.
- Share repurchases of 249,280,780 reduced equity.
- Other comprehensive income increased equity by 985,582,557.
- Other factors decreased equity by 545,709,257.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥165.18 Million | +1.75% |
| Dividends Paid | CN¥332.27 Million | -3.53% |
| Share Repurchases | CN¥249.28 Million | -2.65% |
| Other Comprehensive Income | CN¥985.58 Million | +10.47% |
| Other Changes | CN¥-545.71 Million | -5.8% |
| Total Change | CN¥- | 0.25% |
Book Value vs Market Value Analysis
This analysis compares Suning Universal 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: 0.71x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 13.48x to 0.71x 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¥0.16 | CN¥2.19 | x |
| 1995-12-31 | CN¥0.19 | CN¥2.19 | x |
| 1996-12-31 | CN¥0.25 | CN¥2.19 | x |
| 1997-12-31 | CN¥0.55 | CN¥2.19 | x |
| 1998-12-31 | CN¥0.61 | CN¥2.19 | x |
| 1999-12-31 | CN¥0.66 | CN¥2.19 | x |
| 2000-12-31 | CN¥0.83 | CN¥2.19 | x |
| 2001-12-31 | CN¥0.77 | CN¥2.19 | x |
| 2002-12-31 | CN¥0.60 | CN¥2.19 | x |
| 2003-12-31 | CN¥0.28 | CN¥2.19 | x |
| 2004-12-31 | CN¥-0.15 | CN¥2.19 | x |
| 2005-12-31 | CN¥0.25 | CN¥2.19 | x |
| 2006-12-31 | CN¥0.30 | CN¥2.19 | x |
| 2007-12-31 | CN¥0.35 | CN¥2.19 | x |
| 2008-12-31 | CN¥0.86 | CN¥2.19 | x |
| 2009-12-31 | CN¥1.18 | CN¥2.19 | x |
| 2010-12-31 | CN¥1.35 | CN¥2.19 | x |
| 2011-12-31 | CN¥1.58 | CN¥2.19 | x |
| 2012-12-31 | CN¥1.87 | CN¥2.19 | x |
| 2013-12-31 | CN¥1.62 | CN¥2.19 | x |
| 2014-12-31 | CN¥1.83 | CN¥2.19 | x |
| 2015-12-31 | CN¥3.42 | CN¥2.19 | x |
| 2016-12-31 | CN¥2.49 | CN¥2.19 | x |
| 2017-12-31 | CN¥2.67 | CN¥2.19 | x |
| 2018-12-31 | CN¥2.84 | CN¥2.19 | x |
| 2019-12-31 | CN¥2.71 | CN¥2.19 | x |
| 2020-12-31 | CN¥3.07 | CN¥2.19 | x |
| 2021-12-31 | CN¥3.21 | CN¥2.19 | x |
| 2022-12-31 | CN¥3.13 | CN¥2.19 | x |
| 2023-12-31 | CN¥3.09 | CN¥2.19 | x |
| 2024-12-31 | CN¥3.10 | CN¥2.19 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Suning Universal 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): 1.75%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.79%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 1.53x
- Recent ROE (1.75%) is below the historical average (7.65%), 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 | 15.85% | 7.82% | 0.88x | 2.31x | CN¥14.96 Million |
| 1995 | 27.33% | 11.86% | 0.96x | 2.39x | CN¥53.08 Million |
| 1996 | 22.82% | 11.87% | 0.79x | 2.43x | CN¥50.87 Million |
| 1997 | 10.29% | 19.22% | 0.32x | 1.66x | CN¥2.52 Million |
| 1998 | 9.94% | 14.74% | 0.32x | 2.09x | CN¥-565.93K |
| 1999 | 11.06% | 10.55% | 0.47x | 2.23x | CN¥11.04 Million |
| 2000 | 0.55% | 0.65% | 0.40x | 2.11x | CN¥-123.74 Million |
| 2001 | 0.97% | 1.37% | 0.31x | 2.32x | CN¥-109.94 Million |
| 2002 | -23.96% | -220.49% | 0.04x | 2.94x | CN¥-323.41 Million |
| 2003 | -114.07% | -1555.26% | 0.01x | 5.58x | CN¥-552.01 Million |
| 2004 | 0.00% | -49332.61% | 0.00x | 0.00x | CN¥-654.90 Million |
| 2005 | 3.92% | 5520.25% | 0.00x | 3.82x | CN¥-24.18 Million |
| 2006 | 16.45% | 7.24% | 0.52x | 4.36x | CN¥30.31 Million |
| 2007 | 27.25% | 16.67% | 0.37x | 4.47x | CN¥134.79 Million |
| 2008 | 26.81% | 22.75% | 0.36x | 3.29x | CN¥326.05 Million |
| 2009 | 24.85% | 25.56% | 0.31x | 3.18x | CN¥426.67 Million |
| 2010 | 21.67% | 23.36% | 0.22x | 4.27x | CN¥415.61 Million |
| 2011 | 19.00% | 23.57% | 0.19x | 4.19x | CN¥372.74 Million |
| 2012 | 17.24% | 19.59% | 0.23x | 3.82x | CN¥362.53 Million |
| 2013 | 11.29% | 7.25% | 0.32x | 4.79x | CN¥55.59 Million |
| 2014 | 15.64% | 13.97% | 0.26x | 4.39x | CN¥275.05 Million |
| 2015 | 9.87% | 12.19% | 0.30x | 2.72x | CN¥-11.73 Million |
| 2016 | 14.20% | 12.99% | 0.39x | 2.81x | CN¥316.97 Million |
| 2017 | 14.16% | 19.90% | 0.29x | 2.43x | CN¥337.48 Million |
| 2018 | 11.86% | 31.46% | 0.17x | 2.20x | CN¥160.23 Million |
| 2019 | 14.99% | 31.37% | 0.22x | 2.19x | CN¥409.94 Million |
| 2020 | 12.57% | 23.97% | 0.28x | 1.90x | CN¥216.70 Million |
| 2021 | 7.00% | 20.66% | 0.19x | 1.75x | CN¥-264.95 Million |
| 2022 | 3.77% | 15.99% | 0.15x | 1.62x | CN¥-592.62 Million |
| 2023 | 1.94% | 8.62% | 0.14x | 1.59x | CN¥-756.75 Million |
| 2024 | 1.75% | 7.79% | 0.15x | 1.53x | CN¥-776.04 Million |
Industry Comparison
This section compares Suning Universal 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: $1,681,055,904
- Average return on equity (ROE) among peers: 10.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Suning Universal Co Ltd (000718) | CN¥9.43 Billion | 15.85% | 0.42x | $972.50 Million |
| China Vanke Co Ltd Class A (000002) | $2.15 Billion | 10.68% | 1.09x | $5.56 Billion |
| Shenzhen Zhenye Group Co Ltd (000006) | $347.86 Million | 16.58% | 0.44x | $1.92 Billion |
| Shenzhen Properties & Resources Development Group Ltd (000011) | $566.75 Million | -4.83% | 2.33x | $623.95 Million |
| Shahe Industry Co Ltd (000014) | $1.68 Billion | 0.98% | 0.31x | $467.53 Million |
| Grandjoy Holdings Group Co Ltd (000031) | $7.12 Billion | 5.93% | 3.58x | $1.92 Billion |
| China Union Holdings Ltd (000036) | $2.30 Billion | 3.02% | 0.68x | $1.15 Billion |
| Shenzhen Centralcon Investment Holding Co Ltd (000042) | $167.35 Million | 57.44% | 2.45x | $936.86 Million |
| Shenzhen Wongtee International Enterprise Co Ltd (000056) | $214.45 Million | 3.27% | 2.40x | $239.16 Million |
| Financial Street Holdings Co Ltd (000402) | $167.24 Million | 2.28% | 0.98x | $1.39 Billion |
| Chongqing Yukaifa Co Ltd (000514) | $2.11 Billion | 6.12% | 0.46x | $608.71 Million |
About Suning Universal Co Ltd
Suning Universal Co.,Ltd operates as a real estate development company in China. The company also engages in the project investment business; commercial retail; culture business; hotel dining; yacht rental. It also offers financial services; health investment; and pledging and financial leasing. In addition, the company engages in commercial operations; film and television; cultural creativity; e… Read more