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

Latest as of September 2025: CN¥442.65 Million CNY ≈ $64.77 Million USD

Based on the latest financial reports, CASIN Real Estate Development Group Co Ltd (000838) has net assets worth CN¥442.65 Million CNY (≈ $64.77 Million 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¥2.49 Billion ≈ $364.91 Million USD) and total liabilities (CN¥2.05 Billion ≈ $300.14 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 financial resilience of CASIN Real Estate Development Group Co L to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥442.65 Million
% of Total Assets 17.75%
Annual Growth Rate 6.86%
5-Year Change -81.15%
10-Year Change -65.35%
Growth Volatility 66.98

CASIN Real Estate Development Group Co Ltd - Net Assets Trend (1994–2024)

This chart illustrates how CASIN Real Estate Development Group Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore CASIN Real Estate Development Group Co L balance sheet assets for the complete picture of this company's asset base.

Annual Net Assets for CASIN Real Estate Development Group Co Ltd (1994–2024)

The table below shows the annual net assets of CASIN Real Estate Development Group Co Ltd from 1994 to 2024. For live valuation and market cap data, see CASIN Real Estate Development Group Co L (000838) total market value.

Year Net Assets Change
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 15138.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥1.10 Billion 261.70%
Other Comprehensive Income CN¥89.37 Million 21.25%
Other Components CN¥200.29 Million 47.63%
Total Equity CN¥420.51 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
Universal Cables Limited
NSE:UNIVCABLES
 $314.23 Million
Morguard Real Estate Investment Trust
TO:MRT-UN
 $314.29 Million
BIGLARI HLDGS CL. A
F:SQ7A
 $314.40 Million
Precious Shipping Public Company Limited
BK:PSL
 $314.68 Million
ADF Foods Limited
NSE:ADFFOODS
 $313.83 Million
Real Matters Inc
TO:REAL
 $313.83 Million
Carindale Property Trust
AU:CDP
 $313.78 Million
Haymaker Acquisition Corp. 4
NYSE:HYAC
 $313.64 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 2023 to 2024, total equity changed from 680,669,522 to 420,511,016, a change of -260,158,506 (-38.2%).
  • Net loss of 260,159,568 reduced equity.
  • Dividend payments of 39,406,465 reduced retained earnings.
  • Other comprehensive income increased equity by 89,370,770.
  • Other factors decreased equity by 49,963,243.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-260.16 Million -61.87%
Dividends Paid CN¥39.41 Million -9.37%
Other Comprehensive Income CN¥89.37 Million +21.25%
Other Changes CN¥-49.96 Million -11.88%
Total Change CN¥- -38.22%

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

  • Current price-to-book ratio: 5.10x
  • 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 8.23x to 5.10x 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¥0.24 CN¥1.95 x
1995-12-31 CN¥0.24 CN¥1.95 x
1996-12-31 CN¥0.27 CN¥1.95 x
1997-12-31 CN¥0.31 CN¥1.95 x
1998-12-31 CN¥0.33 CN¥1.95 x
1999-12-31 CN¥0.22 CN¥1.95 x
2000-12-31 CN¥0.08 CN¥1.95 x
2001-12-31 CN¥0.06 CN¥1.95 x
2002-12-31 CN¥0.07 CN¥1.95 x
2003-12-31 CN¥0.13 CN¥1.95 x
2004-12-31 CN¥0.14 CN¥1.95 x
2005-12-31 CN¥0.15 CN¥1.95 x
2006-12-31 CN¥0.15 CN¥1.95 x
2007-12-31 CN¥0.54 CN¥1.95 x
2008-12-31 CN¥0.55 CN¥1.95 x
2009-12-31 CN¥0.56 CN¥1.95 x
2010-12-31 CN¥0.52 CN¥1.95 x
2011-12-31 CN¥0.48 CN¥1.95 x
2012-12-31 CN¥0.52 CN¥1.95 x
2013-12-31 CN¥0.61 CN¥1.95 x
2014-12-31 CN¥0.69 CN¥1.95 x
2015-12-31 CN¥3.74 CN¥1.95 x
2016-12-31 CN¥1.48 CN¥1.95 x
2017-12-31 CN¥1.62 CN¥1.95 x
2018-12-31 CN¥1.71 CN¥1.95 x
2019-12-31 CN¥1.80 CN¥1.95 x
2020-12-31 CN¥1.79 CN¥1.95 x
2021-12-31 CN¥1.10 CN¥1.95 x
2022-12-31 CN¥0.88 CN¥1.95 x
2023-12-31 CN¥0.62 CN¥1.95 x
2024-12-31 CN¥0.38 CN¥1.95 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): -61.87%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -31.40%
  • • Asset Turnover: 0.29x
  • • Equity Multiplier: 6.80x
  • Recent ROE (-61.87%) is below the historical average (-5.04%), 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 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

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: $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
CASIN Real Estate Development Group Co Ltd (000838) CN¥442.65 Million 10.11% 4.63x $314.01 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 CASIN Real Estate Development Group Co Ltd

SHE:000838 China Real Estate - Development
Market Cap
$314.01 Million
CN¥2.15 Billion CNY
Market Cap Rank
#14761 Global
#4581 in China
Share Price
CN¥1.95
Change (1 day)
+4.84%
52-Week Range
CN¥1.71 - 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