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

Latest as of March 2026: CN¥19.82 Billion CNY ≈ $2.90 Billion USD

Based on the latest financial reports, Easyhome New Retail Group Co Ltd (000785) has net assets worth CN¥19.82 Billion CNY (≈ $2.90 Billion 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¥42.94 Billion ≈ $6.28 Billion USD) and total liabilities (CN¥23.11 Billion ≈ $3.38 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 000785 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥19.82 Billion
% of Total Assets	46.17%
Annual Growth Rate	17.0%
5-Year Change	-2.41%
10-Year Change	2067.43%
Growth Volatility	144.06

Easyhome New Retail Group Co Ltd - Net Assets Trend (1994–2025)

This chart illustrates how Easyhome New Retail Group Co Ltd's net assets have evolved over time, based on quarterly financial data. See Easyhome New Retail Group Co Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Easyhome New Retail Group Co Ltd (1994–2025)

The table below shows the annual net assets of Easyhome New Retail Group Co Ltd from 1994 to 2025. For live valuation and market cap data, see Easyhome New Retail Group Co Ltd (000785) market capitalisation.

Year	Net Assets	Change
2025-12-31	CN¥19.78 Billion ≈ $2.89 Billion	-5.66%
2024-12-31	CN¥20.96 Billion ≈ $3.07 Billion	-0.20%
2023-12-31	CN¥21.00 Billion ≈ $3.07 Billion	+1.07%
2022-12-31	CN¥20.78 Billion ≈ $3.04 Billion	+2.55%
2021-12-31	CN¥20.26 Billion ≈ $2.97 Billion	+7.63%
2020-12-31	CN¥18.83 Billion ≈ $2.76 Billion	+12.86%
2019-12-31	CN¥16.68 Billion ≈ $2.44 Billion	+40.49%
2018-12-31	CN¥11.87 Billion ≈ $1.74 Billion	+821.72%
2017-12-31	CN¥1.29 Billion ≈ $188.51 Million	+41.19%
2016-12-31	CN¥912.40 Million ≈ $133.51 Million	+0.52%
2015-12-31	CN¥907.68 Million ≈ $132.82 Million	-6.73%
2014-12-31	CN¥973.21 Million ≈ $142.41 Million	+5.50%
2013-12-31	CN¥922.48 Million ≈ $134.99 Million	+6.62%
2012-12-31	CN¥865.17 Million ≈ $126.60 Million	+8.98%
2011-12-31	CN¥793.87 Million ≈ $116.17 Million	+8.90%
2010-12-31	CN¥729.01 Million ≈ $106.68 Million	+10.84%
2009-12-31	CN¥657.71 Million ≈ $96.24 Million	+9.06%
2008-12-31	CN¥603.07 Million ≈ $88.25 Million	+3.13%
2007-12-31	CN¥584.75 Million ≈ $85.57 Million	+2.46%
2006-12-31	CN¥570.69 Million ≈ $83.51 Million	+7.02%
2005-12-31	CN¥533.26 Million ≈ $78.03 Million	-16.27%
2004-12-31	CN¥636.92 Million ≈ $93.20 Million	+0.90%
2003-12-31	CN¥631.20 Million ≈ $92.37 Million	+1.11%
2002-12-31	CN¥624.30 Million ≈ $91.35 Million	+1.65%
2001-12-31	CN¥614.18 Million ≈ $89.87 Million	+12.82%
2000-12-31	CN¥544.37 Million ≈ $79.66 Million	+8.69%
1999-12-31	CN¥500.84 Million ≈ $73.29 Million	+22.23%
1998-12-31	CN¥409.75 Million ≈ $59.96 Million	+12.06%
1997-12-31	CN¥365.65 Million ≈ $53.51 Million	+27.08%
1996-12-31	CN¥287.72 Million ≈ $42.10 Million	+41.23%
1995-12-31	CN¥203.73 Million ≈ $29.81 Million	+33.85%
1994-12-31	CN¥152.21 Million ≈ $22.27 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 379583332618.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥3.80 Billion	19.92%
Other Components	CN¥15.26 Billion	80.08%
Total Equity	CN¥19.05 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
Shenzhen Lihexing Co. Ltd. SHE:301013	$2.06 Billion
Pegasus Hava Tasimaciligi AS IS:PGSUS	$2.06 Billion
Greencore Group plc F:GCG	$2.06 Billion
Redington Limited NSE:REDINGTON	$2.06 Billion
Ningxia Jiaze Renewables Corp SHG:601619	$2.06 Billion
Bayer Cropscience Limited NSE:BAYERCROP	$2.06 Billion
Ola Electric Mobility Ltd NSE:OLAELEC	$2.06 Billion
OCADO GROUP SP.ADR 1/2 F:0OC1	$2.05 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 2024 to 2025, total equity changed from 20,215,693,000 to 19,052,557,271, a change of -1,163,135,729 (-5.8%).
Net loss of 998,975,337 reduced equity.
Dividend payments of 193,711,825 reduced retained earnings.
Other comprehensive income increased equity by 1,332,004,686.
Other factors decreased equity by 1,302,453,253.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥-998.98 Million	-5.24%
Dividends Paid	CN¥193.71 Million	-1.02%
Other Comprehensive Income	CN¥1.33 Billion	+6.99%
Other Changes	CN¥-1.30 Billion	-6.84%
Total Change	CN¥-	-5.75%

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: 0.74x
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 4.00x to 0.74x 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¥2.26	x
1995-12-31	CN¥0.77	CN¥2.26	x
1996-12-31	CN¥1.07	CN¥2.26	x
1997-12-31	CN¥1.37	CN¥2.26	x
1998-12-31	CN¥1.54	CN¥2.26	x
1999-12-31	CN¥1.91	CN¥2.26	x
2000-12-31	CN¥2.02	CN¥2.26	x
2001-12-31	CN¥2.10	CN¥2.26	x
2002-12-31	CN¥2.15	CN¥2.26	x
2003-12-31	CN¥2.18	CN¥2.26	x
2004-12-31	CN¥2.21	CN¥2.26	x
2005-12-31	CN¥1.82	CN¥2.26	x
2006-12-31	CN¥1.87	CN¥2.26	x
2007-12-31	CN¥2.03	CN¥2.26	x
2008-12-31	CN¥2.15	CN¥2.26	x
2009-12-31	CN¥2.45	CN¥2.26	x
2010-12-31	CN¥2.68	CN¥2.26	x
2011-12-31	CN¥2.86	CN¥2.26	x
2012-12-31	CN¥3.14	CN¥2.26	x
2013-12-31	CN¥3.28	CN¥2.26	x
2014-12-31	CN¥3.24	CN¥2.26	x
2015-12-31	CN¥3.06	CN¥2.26	x
2016-12-31	CN¥3.80	CN¥2.26	x
2017-12-31	CN¥4.50	CN¥2.26	x
2018-12-31	CN¥2.10	CN¥2.26	x
2019-12-31	CN¥2.69	CN¥2.26	x
2020-12-31	CN¥2.88	CN¥2.26	x
2021-12-31	CN¥2.97	CN¥2.26	x
2022-12-31	CN¥3.06	CN¥2.26	x
2023-12-31	CN¥3.22	CN¥2.26	x
2024-12-31	CN¥3.15	CN¥2.26	x
2025-12-31	CN¥3.06	CN¥2.26	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): -5.24%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -8.96%
• Asset Turnover: 0.26x
• Equity Multiplier: 2.27x
Recent ROE (-5.24%) is below the historical average (8.77%), 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	22.78%	5.74%	1.29x	3.08x	CN¥44.35 Million
1998	16.07%	3.93%	1.30x	3.14x	CN¥23.65 Million
1999	11.76%	2.96%	1.38x	2.87x	CN¥8.47 Million
2000	9.85%	2.73%	1.32x	2.73x	CN¥-768.65K
2001	4.01%	1.27%	0.94x	3.33x	CN¥-31.88 Million
2002	2.10%	0.61%	1.01x	3.40x	CN¥-42.98 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	3.22%	0.62%	1.12x	4.63x	CN¥-32.51 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¥-8.66 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%	0.05%	1.39x	3.70x	CN¥-75.45 Million
2017	31.57%	9.01%	1.40x	2.50x	CN¥244.29 Million
2018	17.16%	23.20%	0.30x	2.46x	CN¥814.69 Million
2019	20.11%	34.18%	0.26x	2.25x	CN¥1.59 Billion
2020	7.63%	15.04%	0.16x	3.25x	CN¥-421.17 Million
2021	11.98%	17.62%	0.23x	2.93x	CN¥381.39 Million
2022	8.33%	12.69%	0.24x	2.70x	CN¥-329.19 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
2025	-5.24%	-8.96%	0.26x	2.27x	CN¥-2.90 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: $5,843,741,595
Average return on equity (ROE) among peers: 7.12%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Easyhome New Retail Group Co Ltd (000785)	CN¥19.82 Billion	32.40%	1.17x	$2.06 Billion
Hefei Department Store Group Co Ltd (000417)	$4.84 Billion	2.83%	1.30x	$867.32 Million
Changsha Tongcheng Holdings Co Ltd (000419)	$3.35 Billion	4.35%	0.56x	$385.78 Million
Wushang Group Co Ltd (000501)	$8.25 Billion	12.73%	1.77x	$823.70 Million
CCOOP Group Co Ltd (000564)	$15.82 Billion	-10.56%	1.08x	$4.23 Billion
Dalian Friendship Group Co Ltd (000679)	$1.49 Billion	16.73%	4.09x	$348.38 Million
Zhongxing Shenyang Commercial Building Group Co Ltd (000715)	$140.23 Million	37.50%	1.72x	$385.92 Million
Beijing Hualian Department Store Co Ltd (000882)	$8.23 Billion	0.58%	0.69x	$572.80 Million
Guangzhou Grandbuy Co Ltd (002187)	$3.98 Billion	-2.41%	0.85x	$535.38 Million
Better Life Commercial Chain Share Co Ltd (002251)	$6.48 Billion	2.32%	1.47x	$1.61 Billion

About Easyhome New Retail Group Co Ltd

SHE:000785 China Department Stores

Market Cap

$2.06 Billion

CN¥14.07 Billion CNY

Market Cap Rank

#6239 Global

#1313 in China

Share Price

CN¥2.26

Change (1 day)

-2.16%

52-Week Range

CN¥2.26 - CN¥3.61

All Time High

CN¥14.80