CASIN Real Estate Development Group Co Ltd (000838) - Net Assets

Latest as of March 2026: CN¥-256.45 Million CNY ≈ $-37.53 Million USD

Based on the latest financial reports, CASIN Real Estate Development Group Co Ltd (000838) has net assets worth CN¥-256.45 Million CNY (≈ $-37.53 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¥1.89 Billion ≈ $276.09 Million USD) and total liabilities (CN¥2.14 Billion ≈ $313.62 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 CASIN Real Estate Development Group Co L (000838) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥-256.45 Million
% of Total Assets -13.59%
Annual Growth Rate N/A
5-Year Change -112.2%
10-Year Change -114.07%
Growth Volatility 71.8

CASIN Real Estate Development Group Co Ltd - Net Assets Trend (1994–2025)

This chart illustrates how CASIN Real Estate Development Group Co Ltd's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of CASIN Real Estate Development Group Co L to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for CASIN Real Estate Development Group Co Ltd (1994–2025)

The table below shows the annual net assets of CASIN Real Estate Development Group Co Ltd from 1994 to 2025. For live valuation and market cap data, see CASIN Real Estate Development Group Co L (000838) total market value.

Year Net Assets Change
2025-12-31 CN¥-234.97 Million
≈ $-34.38 Million		 -142.81%
2024-12-31 CN¥548.80 Million
≈ $80.31 Million		 -37.98%
2023-12-31 CN¥884.94 Million
≈ $129.50 Million		 -37.29%
2022-12-31 CN¥1.41 Billion
≈ $206.51 Million		 -26.71%
2021-12-31 CN¥1.93 Billion
≈ $281.79 Million		 -33.86%
2020-12-31 CN¥2.91 Billion
≈ $426.05 Million		 +3.44%
2019-12-31 CN¥2.81 Billion
≈ $411.86 Million		 +42.32%
2018-12-31 CN¥1.98 Billion
≈ $289.40 Million		 +5.20%
2017-12-31 CN¥1.88 Billion
≈ $275.10 Million		 +12.54%
2016-12-31 CN¥1.67 Billion
≈ $244.45 Million		 +5.46%
2015-12-31 CN¥1.58 Billion
≈ $231.78 Million		 +238.13%
2014-12-31 CN¥468.44 Million
≈ $68.55 Million		 +22.23%
2013-12-31 CN¥383.25 Million
≈ $56.08 Million		 +15.24%
2012-12-31 CN¥332.57 Million
≈ $48.67 Million		 +10.37%
2011-12-31 CN¥301.33 Million
≈ $44.09 Million		 -8.38%
2010-12-31 CN¥328.89 Million
≈ $48.13 Million		 -6.84%
2009-12-31 CN¥353.06 Million
≈ $51.66 Million		 +0.71%
2008-12-31 CN¥350.58 Million
≈ $51.30 Million		 +3.10%
2007-12-31 CN¥340.03 Million
≈ $49.76 Million		 +259.93%
2006-12-31 CN¥94.47 Million
≈ $13.82 Million		 +7.17%
2005-12-31 CN¥88.15 Million
≈ $12.90 Million		 +5.41%
2004-12-31 CN¥83.62 Million
≈ $12.24 Million		 +7.90%
2003-12-31 CN¥77.51 Million
≈ $11.34 Million		 +78.40%
2002-12-31 CN¥43.44 Million
≈ $6.36 Million		 +25.96%
2001-12-31 CN¥34.49 Million
≈ $5.05 Million		 +28.63%
2000-12-31 CN¥26.81 Million
≈ $3.92 Million		 -60.88%
1999-12-31 CN¥68.55 Million
≈ $10.03 Million		 -35.27%
1998-12-31 CN¥105.90 Million
≈ $15.50 Million		 +8.78%
1997-12-31 CN¥97.36 Million
≈ $14.25 Million		 +12.83%
1996-12-31 CN¥86.28 Million
≈ $12.63 Million		 +11.99%
1995-12-31 CN¥77.05 Million
≈ $11.27 Million		 +2.68%
1994-12-31 CN¥75.03 Million
≈ $10.98 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to CASIN Real Estate Development 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 24910.5% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Other Components CN¥1.40 Billion %
Total Equity CN¥-200.13 Million 100.00%

CASIN Real Estate Development Group Co Ltd Competitors by Market Cap

The table below lists competitors of CASIN Real Estate Development Group Co Ltd ranked by their market capitalization.

Company Market Cap
Grupa Azoty Zaklady Chemiczne Police SA
WAR:PCE
 $257.68 Million
Zentalis Pharmaceuticals Llc
NASDAQ:ZNTL
 $257.69 Million
Beacon Lighting Group Ltd
AU:BLX
 $258.02 Million
Soyea Technology Co Ltd
SHE:000909
 $258.13 Million
TechTarget, Inc. Common Stock
NASDAQ:TTGT
 $257.60 Million
Econocom Group SA/NV
BR:ECONB
 $257.59 Million
Drugs Made In America Acquisition Corp. Ordinary Shares
NASDAQ:DMAA
 $257.58 Million
Ever Ohms Technology Co. Ltd.
TW:6834
 $257.55 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in CASIN Real Estate Development Group Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 420,511,016 to -200,131,538, a change of -620,642,554 (-147.6%).
  • Net loss of 630,107,672 reduced equity.
  • Dividend payments of 12,819,271 reduced retained earnings.
  • Other comprehensive income decreased equity by 89,370,900.
  • Other factors increased equity by 111,655,289.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CN¥-630.11 Million -314.85%
Dividends Paid CN¥12.82 Million -6.41%
Other Comprehensive Income CN¥-89.37 Million -44.66%
Other Changes CN¥111.66 Million +55.79%
Total Change CN¥- -147.59%

Book Value vs Market Value Analysis

This analysis compares CASIN Real Estate Development 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

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1994-12-31 CN¥0.24 CN¥1.60 x
1995-12-31 CN¥0.24 CN¥1.60 x
1996-12-31 CN¥0.27 CN¥1.60 x
1997-12-31 CN¥0.31 CN¥1.60 x
1998-12-31 CN¥0.33 CN¥1.60 x
1999-12-31 CN¥0.22 CN¥1.60 x
2000-12-31 CN¥0.08 CN¥1.60 x
2001-12-31 CN¥0.06 CN¥1.60 x
2002-12-31 CN¥0.07 CN¥1.60 x
2003-12-31 CN¥0.13 CN¥1.60 x
2004-12-31 CN¥0.14 CN¥1.60 x
2005-12-31 CN¥0.15 CN¥1.60 x
2006-12-31 CN¥0.15 CN¥1.60 x
2007-12-31 CN¥0.54 CN¥1.60 x
2008-12-31 CN¥0.55 CN¥1.60 x
2009-12-31 CN¥0.56 CN¥1.60 x
2010-12-31 CN¥0.52 CN¥1.60 x
2011-12-31 CN¥0.48 CN¥1.60 x
2012-12-31 CN¥0.52 CN¥1.60 x
2013-12-31 CN¥0.61 CN¥1.60 x
2014-12-31 CN¥0.69 CN¥1.60 x
2015-12-31 CN¥3.74 CN¥1.60 x
2016-12-31 CN¥1.48 CN¥1.60 x
2017-12-31 CN¥1.62 CN¥1.60 x
2018-12-31 CN¥1.71 CN¥1.60 x
2019-12-31 CN¥1.80 CN¥1.60 x
2020-12-31 CN¥1.79 CN¥1.60 x
2021-12-31 CN¥1.10 CN¥1.60 x
2022-12-31 CN¥0.88 CN¥1.60 x
2023-12-31 CN¥0.62 CN¥1.60 x
2024-12-31 CN¥0.38 CN¥1.60 x
2025-12-31 CN¥-0.18 CN¥1.60 x

Capital Efficiency Dashboard

This dashboard shows how efficiently CASIN Real Estate Development 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): 0.00%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -222.38%
  • • Asset Turnover: 0.15x
  • • Equity Multiplier: 0.00x
  • Recent ROE (0.00%) is above the historical average (-4.88%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1994 10.11% 10.15% 0.45x 2.23x CN¥82.17K
1995 10.98% 10.07% 0.48x 2.29x CN¥754.87K
1996 10.71% 11.40% 0.40x 2.32x CN¥609.74K
1997 11.37% 12.82% 0.40x 2.19x CN¥1.34 Million
1998 10.91% 14.55% 0.31x 2.38x CN¥961.81K
1999 -12.85% -10.69% 0.34x 3.49x CN¥-15.66 Million
2000 -123.10% -81.78% 0.18x 8.57x CN¥-35.69 Million
2001 4.85% 2.79% 0.29x 6.02x CN¥-1.78 Million
2002 17.86% 7.47% 0.62x 3.89x CN¥3.41 Million
2003 6.29% 5.50% 0.70x 1.62x CN¥-2.88 Million
2004 7.32% 5.66% 0.73x 1.76x CN¥-2.24 Million
2005 5.13% 3.50% 0.87x 1.68x CN¥-4.29 Million
2006 1.43% 0.90% 1.23x 1.29x CN¥-8.10 Million
2007 17.29% 11.49% 0.56x 2.70x CN¥24.80 Million
2008 3.01% 8.16% 0.20x 1.82x CN¥-24.51 Million
2009 0.70% 5.40% 0.07x 1.77x CN¥-32.83 Million
2010 -7.35% -2171.99% 0.00x 1.94x CN¥-57.06 Million
2011 -9.15% -3640.21% 0.00x 3.87x CN¥-57.70 Million
2012 9.39% 11.20% 0.18x 4.78x CN¥-2.01 Million
2013 15.58% 13.46% 0.22x 5.31x CN¥21.40 Million
2014 16.95% 12.51% 0.22x 6.12x CN¥30.58 Million
2015 5.46% 12.56% 0.13x 3.40x CN¥-69.82 Million
2016 6.82% 6.49% 0.32x 3.25x CN¥-51.82 Million
2017 10.98% 10.86% 0.21x 4.83x CN¥17.53 Million
2018 6.03% 3.73% 0.24x 6.62x CN¥-74.84 Million
2019 4.27% 2.49% 0.19x 8.94x CN¥-113.41 Million
2020 13.16% 4.28% 0.33x 9.24x CN¥62.09 Million
2021 -74.50% -17.76% 0.34x 12.26x CN¥-1.02 Billion
2022 -37.25% -8.59% 0.39x 11.06x CN¥-456.95 Million
2023 -36.75% -6.22% 0.95x 6.23x CN¥-318.19 Million
2024 -61.87% -31.40% 0.29x 6.80x CN¥-302.21 Million
2025 0.00% -222.38% 0.15x 0.00x CN¥-610.09 Million

Industry Comparison

This section compares CASIN Real Estate Development Group 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: $7,444,800,614
  • Average return on equity (ROE) among peers: 5.73%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
CASIN Real Estate Development Group Co Ltd (000838) CN¥-256.45 Million 10.11% N/A $257.65 Million
China Vanke Co Ltd Class A (000002) $3.55 Billion 10.76% 1.31x $4.40 Billion
Shenzhen Zhenye Group Co Ltd (000006) $8.18 Billion 6.62% 1.88x $1.53 Billion
Shenzhen Properties & Resources Development Group Ltd (000011) $4.53 Billion 22.63% 2.22x $575.24 Million
Shahe Industry Co Ltd (000014) $794.59 Million 3.60% 1.36x $350.29 Million
Grandjoy Holdings Group Co Ltd (000031) $47.50 Billion -6.07% 3.51x $1.49 Billion
China Union Holdings Ltd (000036) $1.65 Billion 8.20% 1.44x $1.06 Billion
Shenzhen Centralcon Investment Holding Co Ltd (000042) $3.30 Billion 9.26% 3.91x $884.33 Million
Shenzhen Wongtee International Enterprise Co Ltd (000056) $435.64 Million 1.28% 1.73x $230.91 Million
Financial Street Holdings Co Ltd (000402) $160.02 Million 3.61% 0.89x $1.19 Billion
Chongqing Yukaifa Co Ltd (000514) $4.34 Billion -2.62% 0.79x $492.65 Million

About CASIN Real Estate Development Group Co Ltd

SHE:000838 China Real Estate - Development
Market Cap
$257.65 Million
CN¥1.76 Billion CNY
Market Cap Rank
#15621 Global
#4579 in China
Share Price
CN¥1.60
Change (1 day)
-4.76%
52-Week Range
CN¥1.60 - CN¥3.98
All Time High
CN¥18.49
Categories
Companies in China Real Estate - Development
About

CASIN Real Estate Development Group Co.,Ltd. engages in the real estate businesses in China. It is also involved in real estate development; resource recycling and comprehensive utilization; environmental engineering; energy performance contract; environmental water treatment, sewage treatment; domestic trade; investment in industry; wholesale of hardware product; sale of internet; and provision … Read more