Hna-Caissa Travel Group Co Ltd

SHE:000796 China Travel Services
Market Cap
$1.20 Billion
CN¥8.77 Billion CNY
Market Cap Rank
#9021 Global
#1797 in China
Share Price
CN¥5.47
Change (1 day)
+0.18%
52-Week Range
CN¥3.57 - CN¥8.17
All Time High
CN¥27.89
Categories
Companies in China Travel Services
About

Caissa Tourism Group Co., Ltd. engages in outbound tourism, and air and rail catering industries in China and internationally. The company operates through Tourism Business, Catering and Food and Beverage Business Division, and Destination Business segments. It offers outbound, inbound, and domestic tourism, as well as group tours, customized tours, free travel and cruise tours, airline ticketing… Read more

Hna-Caissa Travel Group Co Ltd (000796) - Net Assets

Latest net assets as of September 2025: CN¥961.89 Million CNY

Based on the latest financial reports, Hna-Caissa Travel Group Co Ltd (000796) has net assets worth CN¥961.89 Million 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¥1.93 Billion) and total liabilities (CN¥967.96 Million). 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¥961.89 Million
% of Total Assets 49.84%
Annual Growth Rate 14.0%
5-Year Change -33.78%
10-Year Change -51.4%
Growth Volatility 99.21

Hna-Caissa Travel Group Co Ltd - Net Assets Trend (1994–2024)

This chart illustrates how Hna-Caissa Travel 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 Hna-Caissa Travel Group Co Ltd (1994–2024)

The table below shows the annual net assets of Hna-Caissa Travel Group Co Ltd from 1994 to 2024.

Year Net Assets Change
2024-12-31 CN¥856.14 Million -24.45%
2023-12-31 CN¥1.13 Billion +272.17%
2022-12-31 CN¥-658.18 Million -247.39%
2021-12-31 CN¥446.56 Million -65.46%
2020-12-31 CN¥1.29 Billion -50.07%
2019-12-31 CN¥2.59 Billion +8.53%
2018-12-31 CN¥2.39 Billion +8.96%
2017-12-31 CN¥2.19 Billion +6.06%
2016-12-31 CN¥2.06 Billion +17.18%
2015-12-31 CN¥1.76 Billion +167.28%
2014-12-31 CN¥659.07 Million +5.39%
2013-12-31 CN¥625.37 Million +9.10%
2012-12-31 CN¥573.23 Million +2.54%
2011-12-31 CN¥559.01 Million +4.33%
2010-12-31 CN¥535.79 Million -2.57%
2009-12-31 CN¥549.92 Million +42.90%
2008-12-31 CN¥384.81 Million +1.60%
2007-12-31 CN¥378.74 Million +0.13%
2006-12-31 CN¥378.23 Million +2.34%
2005-12-31 CN¥369.57 Million -22.55%
2004-12-31 CN¥477.19 Million -35.42%
2003-12-31 CN¥738.89 Million +1.82%
2002-12-31 CN¥725.66 Million +3.87%
2001-12-31 CN¥698.62 Million +6.22%
2000-12-31 CN¥657.69 Million +49.72%
1999-12-31 CN¥439.29 Million +17.52%
1998-12-31 CN¥373.81 Million +16.53%
1997-12-31 CN¥320.77 Million +337.80%
1996-12-31 CN¥73.27 Million +279.04%
1995-12-31 CN¥19.33 Million +15.10%
1994-12-31 CN¥16.79 Million --

Equity Component Analysis

This analysis shows how different components contribute to Hna-Caissa Travel 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 249408.7% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥1.60 Billion 214.52%
Other Comprehensive Income CN¥-741.29 Million -99.15%
Other Components CN¥1.05 Billion 140.09%
Total Equity CN¥747.62 Million 100.00%

Hna-Caissa Travel Group Co Ltd Competitors by Market Cap

The table below lists competitors of Hna-Caissa Travel Group Co Ltd ranked by their market capitalization.

Company Market Cap
I-Chiun Precision Industry Co Ltd
TW:2486
 		$655.41 Million
Shinkong Insurance Co Ltd
TW:2850
 		$655.45 Million
Hang Xiao Steel Structure Co Ltd
SHG:600477
 		$655.49 Million
Shanghai Jin Jiang International Industrial Investment Co Ltd A
SHG:600650
 		$655.58 Million
Finolex Cables Limited
NSE:FINCABLES
 		$654.92 Million
STORAGEVAULT CANADA INC.
F:0SV
 		$654.43 Million
Wienerberger Baustoffindustrie
PINK:WBRBY
 		$654.42 Million
Atrium Ljungberg AB (publ)
ST:ATRLJ-B
 		$654.34 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,028,182,189 to 747,622,738, a change of -280,559,451 (-27.3%).
  • Net loss of 103,040,413 reduced equity.
  • Dividend payments of 7,617,698 reduced retained earnings.
  • Other comprehensive income decreased equity by 29,841,344.
  • Other factors decreased equity by 140,059,996.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-103.04 Million -13.78%
Dividends Paid CN¥7.62 Million -1.02%
Other Comprehensive Income CN¥-29.84 Million -3.99%
Other Changes CN¥-140.06 Million -18.73%
Total Change CN¥- -27.29%

Book Value vs Market Value Analysis

This analysis compares Hna-Caissa Travel 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: 11.42x
  • 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 59.73x to 11.42x 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¥0.09 CN¥5.47 x
1995-12-31 CN¥0.11 CN¥5.47 x
1996-12-31 CN¥0.40 CN¥5.47 x
1997-12-31 CN¥1.75 CN¥5.47 x
1998-12-31 CN¥2.04 CN¥5.47 x
1999-12-31 CN¥2.25 CN¥5.47 x
2000-12-31 CN¥3.44 CN¥5.47 x
2001-12-31 CN¥3.61 CN¥5.47 x
2002-12-31 CN¥3.73 CN¥5.47 x
2003-12-31 CN¥3.81 CN¥5.47 x
2004-12-31 CN¥2.40 CN¥5.47 x
2005-12-31 CN¥1.81 CN¥5.47 x
2006-12-31 CN¥1.35 CN¥5.47 x
2007-12-31 CN¥1.35 CN¥5.47 x
2008-12-31 CN¥1.36 CN¥5.47 x
2009-12-31 CN¥1.59 CN¥5.47 x
2010-12-31 CN¥1.77 CN¥5.47 x
2011-12-31 CN¥1.95 CN¥5.47 x
2012-12-31 CN¥1.89 CN¥5.47 x
2013-12-31 CN¥2.07 CN¥5.47 x
2014-12-31 CN¥1.16 CN¥5.47 x
2015-12-31 CN¥2.35 CN¥5.47 x
2016-12-31 CN¥2.33 CN¥5.47 x
2017-12-31 CN¥2.51 CN¥5.47 x
2018-12-31 CN¥2.76 CN¥5.47 x
2019-12-31 CN¥2.98 CN¥5.47 x
2020-12-31 CN¥1.18 CN¥5.47 x
2021-12-31 CN¥0.17 CN¥5.47 x
2022-12-31 CN¥-1.13 CN¥5.47 x
2023-12-31 CN¥0.64 CN¥5.47 x
2024-12-31 CN¥0.48 CN¥5.47 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Hna-Caissa Travel 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): -13.78%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -15.77%
  • • Asset Turnover: 0.35x
  • • Equity Multiplier: 2.46x
  • Recent ROE (-13.78%) is below the historical average (-10.29%), 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 43.03% 2.88% 3.72x 4.01x CN¥5.55 Million
1995 42.25% 1.95% 4.58x 4.72x CN¥6.23 Million
1996 16.24% 2.38% 2.77x 2.47x CN¥4.58 Million
1997 10.65% 4.25% 1.54x 1.62x CN¥2.10 Million
1998 14.19% 5.88% 1.03x 2.33x CN¥15.66 Million
1999 9.95% 5.70% 0.89x 1.97x CN¥-198.91K
2000 7.32% 5.47% 0.81x 1.65x CN¥-16.89 Million
2001 4.89% 5.14% 0.65x 1.46x CN¥-33.86 Million
2002 3.20% 3.92% 0.58x 1.41x CN¥-46.60 Million
2003 1.96% 4.79% 0.27x 1.51x CN¥-56.17 Million
2004 3.26% 3.78% 0.39x 2.22x CN¥-29.67 Million
2005 -32.52% -18.09% 0.65x 2.78x CN¥-141.22 Million
2006 0.27% 0.13% 0.92x 2.32x CN¥-32.42 Million
2007 0.51% 0.23% 0.94x 2.37x CN¥-31.39 Million
2008 1.51% 0.69% 0.82x 2.65x CN¥-28.51 Million
2009 5.92% 8.81% 0.35x 1.90x CN¥-17.20 Million
2010 6.78% 7.41% 0.49x 1.89x CN¥-14.23 Million
2011 3.58% 3.22% 0.42x 2.62x CN¥-29.25 Million
2012 2.71% 2.30% 0.55x 2.13x CN¥-33.99 Million
2013 9.08% 2.16% 1.68x 2.51x CN¥-4.70 Million
2014 16.51% 2.76% 2.56x 2.34x CN¥35.34 Million
2015 12.50% 4.17% 1.40x 2.15x CN¥41.22 Million
2016 11.35% 3.20% 1.23x 2.88x CN¥25.25 Million
2017 10.96% 2.74% 1.32x 3.02x CN¥19.24 Million
2018 8.76% 2.37% 1.34x 2.75x CN¥-27.53 Million
2019 5.25% 2.08% 0.93x 2.72x CN¥-113.51 Million
2020 -74.07% -43.25% 0.36x 4.72x CN¥-792.54 Million
2021 -510.25% -73.38% 0.27x 25.39x CN¥-703.29 Million
2022 0.00% -337.75% 0.12x 0.00x CN¥-944.75 Million
2023 59.08% 104.36% 0.25x 2.29x CN¥504.62 Million
2024 -13.78% -15.77% 0.35x 2.46x CN¥-177.80 Million

Industry Comparison

This section compares Hna-Caissa Travel Group Co Ltd's net assets metrics with peer companies in the Travel Services industry.

Industry Context

  • Industry: Travel Services
  • Average net assets among peers: $968,438,120
  • Average return on equity (ROE) among peers: 4.36%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Hna-Caissa Travel Group Co Ltd (000796) CN¥961.89 Million 43.03% 1.01x $655.16 Million
Guangzhou Dongfang Hotel Co Ltd (000524) $510.65 Million -17.81% 0.54x $366.07 Million
Emei Shan Tourism Co Ltd (000888) $393.21 Million 6.56% 0.14x $595.56 Million
Wuhan Sante Cableway Group Co Ltd (002159) $1.15 Billion -3.25% 0.82x $244.39 Million
Beijing Utour International Travel Service Co Ltd (002707) $1.96 Billion 10.95% 1.04x $610.74 Million
Western Regions Tourism Development (300859) $371.84 Million 13.71% 0.34x $506.08 Million
XiAn Qujiang Cultural Tourism Co Ltd (600706) $835.96 Million 5.73% 1.07x $221.83 Million
Changbai Mountain Tourism Co Ltd (603099) $1.01 Billion 6.69% 0.25x $481.31 Million
Anhui Jiuhuashan Tourism Dvlp (603199) $1.51 Billion 12.28% 0.23x $329.78 Million