Easyhome New Retail Group Co Ltd

SHE:000785 China Department Stores
Market Cap
$2.44 Billion
CN¥17.93 Billion CNY
Market Cap Rank
#7259 Global
#1215 in China
Share Price
CN¥2.88
Change (1 day)
+1.05%
52-Week Range
CN¥2.77 - CN¥4.75
All Time High
CN¥14.80
Categories
Companies in China Department Stores
About

Easyhome New Retail Group Corporation Limited, together with its subsidiaries, operates and manages chain stores in China. It operates in five segments: Leasing and Franchising Business; Decoration; Merchandise Sales; Financial; and Other. The company offers home furnishing store operation, leasing, management, and franchising services; home decoration services, such as personalized customization… Read more

Easyhome New Retail Group Co Ltd (000785) - Net Assets

Latest net assets as of September 2025: CN¥21.36 Billion CNY

Based on the latest financial reports, Easyhome New Retail Group Co Ltd (000785) has net assets worth CN¥21.36 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¥45.94 Billion) and total liabilities (CN¥24.58 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¥21.36 Billion
% of Total Assets 46.49%
Annual Growth Rate 17.84%
5-Year Change 1.16%
10-Year Change 2209.29%
Growth Volatility 200.95

Easyhome New Retail Group Co Ltd - Net Assets Trend (1994–2024)

This chart illustrates how Easyhome New Retail 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 Easyhome New Retail Group Co Ltd (1994–2024)

The table below shows the annual net assets of Easyhome New Retail Group Co Ltd from 1994 to 2024.

Year Net Assets Change
2024-12-31 CN¥20.96 Billion -0.20%
2023-12-31 CN¥21.00 Billion +1.07%
2022-12-31 CN¥20.78 Billion +2.65%
2021-12-31 CN¥20.24 Billion -2.31%
2020-12-31 CN¥20.72 Billion +28.52%
2019-12-31 CN¥16.12 Billion +1126.42%
2018-12-31 CN¥1.31 Billion +2.05%
2017-12-31 CN¥1.29 Billion +41.19%
2016-12-31 CN¥912.40 Million +0.52%
2015-12-31 CN¥907.68 Million -6.73%
2014-12-31 CN¥973.21 Million +5.50%
2013-12-31 CN¥922.48 Million +6.62%
2012-12-31 CN¥865.17 Million +8.98%
2011-12-31 CN¥793.87 Million +8.90%
2010-12-31 CN¥729.01 Million +10.84%
2009-12-31 CN¥657.71 Million +9.06%
2008-12-31 CN¥603.07 Million +3.13%
2007-12-31 CN¥584.75 Million +4.43%
2006-12-31 CN¥559.96 Million +5.01%
2005-12-31 CN¥533.26 Million -16.27%
2004-12-31 CN¥636.92 Million +0.90%
2003-12-31 CN¥631.20 Million +0.98%
2002-12-31 CN¥625.07 Million -0.43%
2001-12-31 CN¥627.74 Million +8.86%
2000-12-31 CN¥576.63 Million +4.74%
1999-12-31 CN¥550.55 Million +28.00%
1998-12-31 CN¥430.11 Million +16.80%
1997-12-31 CN¥368.25 Million +27.99%
1996-12-31 CN¥287.72 Million +41.23%
1995-12-31 CN¥203.73 Million +33.85%
1994-12-31 CN¥152.21 Million --

Equity Component Analysis

This analysis shows how different components contribute to Easyhome New Retail 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 grown by 479480866200.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥4.79 Billion 23.72%
Common Stock CN¥6.25 Billion 30.93%
Other Comprehensive Income CN¥-1.33 Billion -6.59%
Other Components CN¥10.50 Billion 51.95%
Total Equity CN¥20.22 Billion 100.00%

Easyhome New Retail Group Co Ltd Competitors by Market Cap

The table below lists competitors of Easyhome New Retail Group Co Ltd ranked by their market capitalization.

Company Market Cap
Zhejiang Expressway Co. Ltd
PINK:ZHEXF
 		$1.02 Billion
Lerøy Seafood Group ASA
PINK:LYSFF
 		$1.02 Billion
Wynn Macau Ltd
PINK:WYNMF
 		$1.02 Billion
Kingenta Ecological Engineering Group Co Ltd
SHE:002470
 		$1.02 Billion
Heritage Financial Corporation
NASDAQ:HFWA
 		$1.02 Billion
United States Antimony Corporation
NYSE MKT:UAMY
 		$1.02 Billion
Carborundum Universal Limited
NSE:CARBORUNIV
 		$1.01 Billion
Formula Systems (1985) Ltd
F:FSY
 		$1.01 Billion

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 19,929,678,846 to 20,215,693,483, a change of 286,014,637 (1.4%).
  • Net income of 769,372,454 contributed positively to equity growth.
  • Dividend payments of 388,683,618 reduced retained earnings.
  • Share repurchases of 139,731,029 reduced equity.
  • Other comprehensive income decreased equity by 1,332,004,686.
  • Other factors increased equity by 1,377,061,516.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥769.37 Million +3.81%
Dividends Paid CN¥388.68 Million -1.92%
Share Repurchases CN¥139.73 Million -0.69%
Other Comprehensive Income CN¥-1.33 Billion -6.59%
Other Changes CN¥1.38 Billion +6.81%
Total Change CN¥- 1.44%

Book Value vs Market Value Analysis

This analysis compares Easyhome New Retail 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

  • Current price-to-book ratio: 0.91x
  • 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 5.10x to 0.91x 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¥0.56 CN¥2.88 x
1995-12-31 CN¥0.77 CN¥2.88 x
1996-12-31 CN¥1.07 CN¥2.88 x
1997-12-31 CN¥1.38 CN¥2.88 x
1998-12-31 CN¥1.62 CN¥2.88 x
1999-12-31 CN¥2.10 CN¥2.88 x
2000-12-31 CN¥2.14 CN¥2.88 x
2001-12-31 CN¥2.13 CN¥2.88 x
2002-12-31 CN¥2.15 CN¥2.88 x
2003-12-31 CN¥2.18 CN¥2.88 x
2004-12-31 CN¥2.21 CN¥2.88 x
2005-12-31 CN¥1.82 CN¥2.88 x
2006-12-31 CN¥1.86 CN¥2.88 x
2007-12-31 CN¥2.03 CN¥2.88 x
2008-12-31 CN¥2.15 CN¥2.88 x
2009-12-31 CN¥2.45 CN¥2.88 x
2010-12-31 CN¥2.68 CN¥2.88 x
2011-12-31 CN¥2.86 CN¥2.88 x
2012-12-31 CN¥3.14 CN¥2.88 x
2013-12-31 CN¥3.28 CN¥2.88 x
2014-12-31 CN¥3.24 CN¥2.88 x
2015-12-31 CN¥3.06 CN¥2.88 x
2016-12-31 CN¥3.80 CN¥2.88 x
2017-12-31 CN¥4.50 CN¥2.88 x
2018-12-31 CN¥0.21 CN¥2.88 x
2019-12-31 CN¥2.59 CN¥2.88 x
2020-12-31 CN¥3.19 CN¥2.88 x
2021-12-31 CN¥2.97 CN¥2.88 x
2022-12-31 CN¥3.06 CN¥2.88 x
2023-12-31 CN¥3.22 CN¥2.88 x
2024-12-31 CN¥3.15 CN¥2.88 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Easyhome New Retail 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): 3.81%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 5.93%
  • • Asset Turnover: 0.26x
  • • Equity Multiplier: 2.46x
  • Recent ROE (3.81%) is below the historical average (14.07%), 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 32.40% 5.50% 2.38x 2.48x CN¥31.99 Million
1995 23.30% 4.29% 2.43x 2.24x CN¥25.91 Million
1996 18.85% 5.12% 1.29x 2.85x CN¥23.91 Million
1997 22.61% 5.74% 1.28x 3.07x CN¥44.09 Million
1998 15.28% 3.93% 1.28x 3.03x CN¥21.64 Million
1999 10.69% 2.96% 1.36x 2.65x CN¥3.66 Million
2000 9.28% 2.73% 1.23x 2.76x CN¥-3.91 Million
2001 3.96% 1.27% 0.94x 3.31x CN¥-32.48 Million
2002 2.10% 0.61% 1.01x 3.39x CN¥-43.05 Million
2003 1.46% 0.42% 0.95x 3.64x CN¥-47.17 Million
2004 1.48% 0.38% 1.07x 3.65x CN¥-47.75 Million
2005 -21.37% -4.36% 0.97x 5.07x CN¥-144.83 Million
2006 3.23% 0.65% 1.08x 4.63x CN¥-32.28 Million
2007 6.41% 1.11% 1.27x 4.53x CN¥-18.40 Million
2008 6.97% 1.21% 1.33x 4.32x CN¥-16.65 Million
2009 8.57% 1.54% 1.35x 4.12x CN¥-8.64 Million
2010 10.07% 1.83% 1.40x 3.92x CN¥469.86K
2011 11.18% 2.01% 1.49x 3.74x CN¥8.61 Million
2012 7.32% 1.37% 1.45x 3.69x CN¥-21.05 Million
2013 5.18% 0.99% 1.43x 3.67x CN¥-39.52 Million
2014 3.09% 0.59% 1.54x 3.41x CN¥-58.49 Million
2015 -6.21% -1.10% 1.65x 3.41x CN¥-125.27 Million
2016 0.26% 0.03% 2.27x 3.70x CN¥-75.45 Million
2017 31.57% 4.83% 2.61x 2.50x CN¥244.29 Million
2018 170.01% 23.20% 3.09x 2.37x CN¥1.84 Billion
2019 20.85% 34.18% 0.27x 2.23x CN¥1.64 Billion
2020 6.90% 15.04% 0.23x 2.00x CN¥-610.03 Million
2021 12.00% 17.62% 0.23x 2.93x CN¥383.52 Million
2022 8.34% 12.69% 0.24x 2.70x CN¥-329.18 Million
2023 6.52% 9.62% 0.25x 2.69x CN¥-692.72 Million
2024 3.81% 5.93% 0.26x 2.46x CN¥-1.25 Billion

Industry Comparison

This section compares Easyhome New Retail Group Co Ltd's net assets metrics with peer companies in the Department Stores industry.

Industry Context

  • Industry: Department Stores
  • Average net assets among peers: $2,375,163,381
  • Average return on equity (ROE) among peers: 10.61%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Easyhome New Retail Group Co Ltd (000785) CN¥21.36 Billion 32.40% 1.15x $1.02 Billion
Hefei Department Store Group Co Ltd (000417) $3.72 Billion 9.85% 1.14x $183.52 Million
Changsha Tongcheng Holdings Co Ltd (000419) $216.13 Million 19.44% 0.56x $227.08 Million
Wushang Group Co Ltd (000501) $8.25 Billion 12.73% 1.77x $549.14 Million
CCOOP Group Co Ltd (000564) $648.17 Million 8.80% 0.99x $3.83 Billion
Dalian Friendship Group Co Ltd (000679) $2.09 Billion 2.71% 3.27x $232.35 Million
Zhongxing Shenyang Commercial Building Group Co Ltd (000715) $682.33 Million 7.80% 0.41x $199.18 Million
Guangzhou Grandbuy Co Ltd (002187) $3.99 Billion -3.63% 1.20x $406.04 Million
Better Life Commercial Chain Share Co Ltd (002251) $175.99 Million 42.02% 3.35x $1.30 Billion
New Huadu Supercenter Co Ltd (002264) $1.61 Billion -4.25% 1.18x $394.48 Million