Yunnan Tourism Co Ltd
Yunnan Tourism Co., Ltd. engages in the tourism business. It constructs real estate projects and operates the Torch Carnival Party and the Museum Wonderful Night centers. The company provides conference hotel and tour group services and sells merchandise and tickets. The company was founded in 2000 and is based in Kunming, China.
Yunnan Tourism Co Ltd (002059) - Net Assets
Latest net assets as of September 2025: CN¥1.36 Billion CNY
Based on the latest financial reports, Yunnan Tourism Co Ltd (002059) has net assets worth CN¥1.36 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¥3.19 Billion) and total liabilities (CN¥1.83 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¥1.36 Billion |
| % of Total Assets | 42.56% |
| Annual Growth Rate | 7.6% |
| 5-Year Change | -42.13% |
| 10-Year Change | -26.64% |
| Growth Volatility | 31.41 |
Yunnan Tourism Co Ltd - Net Assets Trend (2003–2024)
This chart illustrates how Yunnan Tourism 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 Yunnan Tourism Co Ltd (2003–2024)
The table below shows the annual net assets of Yunnan Tourism Co Ltd from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.48 Billion | -5.65% |
| 2023-12-31 | CN¥1.57 Billion | -22.88% |
| 2022-12-31 | CN¥2.04 Billion | -11.12% |
| 2021-12-31 | CN¥2.29 Billion | -10.51% |
| 2020-12-31 | CN¥2.56 Billion | +0.20% |
| 2019-12-31 | CN¥2.56 Billion | +20.67% |
| 2018-12-31 | CN¥2.12 Billion | +13.74% |
| 2017-12-31 | CN¥1.86 Billion | +0.68% |
| 2016-12-31 | CN¥1.85 Billion | -8.44% |
| 2015-12-31 | CN¥2.02 Billion | +5.33% |
| 2014-12-31 | CN¥1.92 Billion | +42.99% |
| 2013-12-31 | CN¥1.34 Billion | +58.49% |
| 2012-12-31 | CN¥846.13 Million | +3.52% |
| 2011-12-31 | CN¥817.36 Million | +3.02% |
| 2010-12-31 | CN¥793.37 Million | -1.61% |
| 2009-12-31 | CN¥806.38 Million | -1.04% |
| 2008-12-31 | CN¥814.83 Million | +4.57% |
| 2007-12-31 | CN¥779.22 Million | +1.41% |
| 2006-12-31 | CN¥768.38 Million | +127.52% |
| 2005-12-31 | CN¥337.72 Million | +9.14% |
| 2004-12-31 | CN¥309.44 Million | -2.66% |
| 2003-12-31 | CN¥317.89 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Yunnan Tourism 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 230.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥80.74 Million | 5.68% |
| Common Stock | CN¥1.01 Billion | 71.26% |
| Other Comprehensive Income | CN¥8.08 Million | 0.57% |
| Other Components | CN¥319.56 Million | 22.49% |
| Total Equity | CN¥1.42 Billion | 100.00% |
Yunnan Tourism Co Ltd Competitors by Market Cap
The table below lists competitors of Yunnan Tourism Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Wuhan Keqian Biology Co Ltd
SHG:688526
|
$250.98 Million |
|
SS Innovations International Inc.
PINK:SSII
|
$250.99 Million |
|
Suzhou Huazhijie Telecom Co
SHG:603400
|
$251.09 Million |
|
CIVMEC LTD CDI 1:1
F:1CV0
|
$251.09 Million |
|
SK Discovery Co Ltd
KO:006125
|
$250.89 Million |
|
Jamna Auto Industries Limited
NSE:JAMNAAUTO
|
$250.73 Million |
|
Shijiazhuang Kelin Elec Co
SHG:603050
|
$250.69 Million |
|
Lumax International Corp Ltd
TW:6192
|
$250.66 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Yunnan Tourism Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,459,485,434 to 1,420,815,752, a change of -38,669,682 (-2.6%).
- Net loss of 28,101,535 reduced equity.
- Dividend payments of 22,585,743 reduced retained earnings.
- Other comprehensive income decreased equity by 5,144,671.
- Other factors increased equity by 17,162,267.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-28.10 Million | -1.98% |
| Dividends Paid | CN¥22.59 Million | -1.59% |
| Other Comprehensive Income | CN¥-5.14 Million | -0.36% |
| Other Changes | CN¥17.16 Million | +1.21% |
| Total Change | CN¥- | -2.65% |
Book Value vs Market Value Analysis
This analysis compares Yunnan Tourism 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: 3.66x
- 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 16.41x to 3.66x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | CN¥0.31 | CN¥5.14 | x |
| 2004-12-31 | CN¥0.31 | CN¥5.14 | x |
| 2005-12-31 | CN¥0.33 | CN¥5.14 | x |
| 2006-12-31 | CN¥1.24 | CN¥5.14 | x |
| 2007-12-31 | CN¥1.25 | CN¥5.14 | x |
| 2008-12-31 | CN¥1.37 | CN¥5.14 | x |
| 2009-12-31 | CN¥1.24 | CN¥5.14 | x |
| 2010-12-31 | CN¥1.29 | CN¥5.14 | x |
| 2011-12-31 | CN¥1.33 | CN¥5.14 | x |
| 2012-12-31 | CN¥1.00 | CN¥5.14 | x |
| 2013-12-31 | CN¥1.83 | CN¥5.14 | x |
| 2014-12-31 | CN¥2.51 | CN¥5.14 | x |
| 2015-12-31 | CN¥2.29 | CN¥5.14 | x |
| 2016-12-31 | CN¥2.05 | CN¥5.14 | x |
| 2017-12-31 | CN¥2.07 | CN¥5.14 | x |
| 2018-12-31 | CN¥2.17 | CN¥5.14 | x |
| 2019-12-31 | CN¥2.28 | CN¥5.14 | x |
| 2020-12-31 | CN¥2.40 | CN¥5.14 | x |
| 2021-12-31 | CN¥2.06 | CN¥5.14 | x |
| 2022-12-31 | CN¥1.84 | CN¥5.14 | x |
| 2023-12-31 | CN¥1.44 | CN¥5.14 | x |
| 2024-12-31 | CN¥1.40 | CN¥5.14 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Yunnan Tourism 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): -1.98%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.04%
- • Asset Turnover: 0.17x
- • Equity Multiplier: 2.29x
- Recent ROE (-1.98%) is below the historical average (1.92%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 8.52% | 25.38% | 0.20x | 1.70x | CN¥-4.68 Million |
| 2004 | 12.57% | 31.95% | 0.22x | 1.77x | CN¥7.95 Million |
| 2005 | 8.37% | 29.66% | 0.20x | 1.44x | CN¥-5.49 Million |
| 2006 | 2.81% | 12.29% | 0.10x | 2.21x | CN¥-38.64 Million |
| 2007 | 6.38% | 7.68% | 0.36x | 2.31x | CN¥-19.67 Million |
| 2008 | 4.73% | 5.42% | 0.40x | 2.17x | CN¥-30.03 Million |
| 2009 | 2.02% | 2.84% | 0.31x | 2.25x | CN¥-45.07 Million |
| 2010 | -1.64% | -3.42% | 0.23x | 2.04x | CN¥-64.63 Million |
| 2011 | 2.93% | 6.57% | 0.24x | 1.85x | CN¥-40.44 Million |
| 2012 | 4.15% | 5.28% | 0.40x | 1.99x | CN¥-34.33 Million |
| 2013 | 5.89% | 9.01% | 0.33x | 1.96x | CN¥-44.15 Million |
| 2014 | 4.09% | 6.91% | 0.24x | 2.44x | CN¥-94.04 Million |
| 2015 | 4.98% | 5.85% | 0.35x | 2.41x | CN¥-84.10 Million |
| 2016 | 4.47% | 4.58% | 0.37x | 2.66x | CN¥-82.64 Million |
| 2017 | 4.73% | 4.41% | 0.34x | 3.16x | CN¥-79.55 Million |
| 2018 | 24.55% | 21.56% | 0.55x | 2.08x | CN¥288.79 Million |
| 2019 | 2.62% | 2.10% | 0.46x | 2.68x | CN¥-170.40 Million |
| 2020 | 4.97% | 6.67% | 0.32x | 2.33x | CN¥-122.22 Million |
| 2021 | -16.93% | -24.94% | 0.30x | 2.29x | CN¥-562.60 Million |
| 2022 | -16.69% | -57.72% | 0.11x | 2.69x | CN¥-497.11 Million |
| 2023 | -29.24% | -59.33% | 0.18x | 2.74x | CN¥-572.65 Million |
| 2024 | -1.98% | -5.04% | 0.17x | 2.29x | CN¥-170.18 Million |
Industry Comparison
This section compares Yunnan Tourism Co Ltd's net assets metrics with peer companies in the Lodging industry.
Industry Context
- Industry: Lodging
- Average net assets among peers: $6,867,547,426
- Average return on equity (ROE) among peers: -17.79%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Yunnan Tourism Co Ltd (002059) | CN¥1.36 Billion | 8.52% | 1.35x | $250.95 Million |
| ShenZhen Zero-Seven Co Ltd (000007) | $296.79 Million | 2.24% | 1.66x | $266.60 Million |
| Shenzhen Overseas Chinese Town Co Ltd (000069) | $48.12 Billion | 14.32% | 2.04x | $1.17 Billion |
| Huatian Hotel Group Co Ltd (000428) | $1.84 Billion | -32.41% | 2.33x | $235.38 Million |
| Zhang Jia Jie Tourism Group Co Ltd (000430) | $289.60 Million | -201.00% | 6.21x | $220.00 Million |
| XiAn Tourism Co Ltd (000610) | $832.22 Million | 1.30% | 0.39x | $205.79 Million |
| Guilin Tourism Corp Ltd (000978) | $1.60 Billion | 2.33% | 0.92x | $234.55 Million |
| LiJiang YuLong Tourism Co Ltd (002033) | $90.60 Million | 22.62% | 0.34x | $384.99 Million |
| SSAW Hotels & Resorts Group Co.Ltd. (301073) | $252.33 Million | 28.63% | 0.81x | $403.13 Million |
| China CYTS Tours Holding Co Ltd (600138) | $8.49 Billion | 1.89% | 1.08x | $711.50 Million |