Yunnan Tourism Co Ltd (002059) - Net Assets
Based on the latest financial reports, Yunnan Tourism Co Ltd (002059) has net assets worth CN¥1.04 Billion CNY (≈ $152.75 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¥2.90 Billion ≈ $423.79 Million USD) and total liabilities (CN¥1.85 Billion ≈ $271.04 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. Explore 002059 operating cash flow to assess how effectively this company generates cash.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.04 Billion |
| % of Total Assets | 36.04% |
| Annual Growth Rate | 5.73% |
| 5-Year Change | -52.68% |
| 10-Year Change | -41.37% |
| Growth Volatility | 31.67 |
Yunnan Tourism Co Ltd - Net Assets Trend (2003–2025)
This chart illustrates how Yunnan Tourism Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore 002059 long-term asset investment ratio to see how much of total assets are deployed in long-term investments.
Annual Net Assets for Yunnan Tourism Co Ltd (2003–2025)
The table below shows the annual net assets of Yunnan Tourism Co Ltd from 2003 to 2025. For live valuation and market cap data, see 002059 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.08 Billion ≈ $158.65 Million |
-26.83% |
| 2024-12-31 | CN¥1.48 Billion ≈ $216.83 Million |
-5.65% |
| 2023-12-31 | CN¥1.57 Billion ≈ $229.82 Million |
-22.88% |
| 2022-12-31 | CN¥2.04 Billion ≈ $298.00 Million |
-11.12% |
| 2021-12-31 | CN¥2.29 Billion ≈ $335.30 Million |
-10.51% |
| 2020-12-31 | CN¥2.56 Billion ≈ $374.68 Million |
+0.20% |
| 2019-12-31 | CN¥2.56 Billion ≈ $373.93 Million |
+20.67% |
| 2018-12-31 | CN¥2.12 Billion ≈ $309.88 Million |
+13.74% |
| 2017-12-31 | CN¥1.86 Billion ≈ $272.45 Million |
+0.68% |
| 2016-12-31 | CN¥1.85 Billion ≈ $270.61 Million |
-8.44% |
| 2015-12-31 | CN¥2.02 Billion ≈ $295.56 Million |
+5.33% |
| 2014-12-31 | CN¥1.92 Billion ≈ $280.61 Million |
+42.99% |
| 2013-12-31 | CN¥1.34 Billion ≈ $196.24 Million |
+58.49% |
| 2012-12-31 | CN¥846.13 Million ≈ $123.82 Million |
+3.52% |
| 2011-12-31 | CN¥817.36 Million ≈ $119.61 Million |
+3.02% |
| 2010-12-31 | CN¥793.37 Million ≈ $116.09 Million |
-1.61% |
| 2009-12-31 | CN¥806.38 Million ≈ $118.00 Million |
-1.04% |
| 2008-12-31 | CN¥814.83 Million ≈ $119.23 Million |
+4.57% |
| 2007-12-31 | CN¥779.22 Million ≈ $114.02 Million |
+1.41% |
| 2006-12-31 | CN¥768.38 Million ≈ $112.44 Million |
+127.52% |
| 2005-12-31 | CN¥337.72 Million ≈ $49.42 Million |
+9.14% |
| 2004-12-31 | CN¥309.44 Million ≈ $45.28 Million |
-2.66% |
| 2003-12-31 | CN¥317.89 Million ≈ $46.52 Million |
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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 decreased by 1118.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥1.34 Billion | 122.81% |
| Total Equity | CN¥1.09 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 |
|---|---|
|
Keystone Technology Co Ltd
SHG:605588
|
$665.44 Million |
|
Ichia Technologies Inc
TW:2402
|
$665.64 Million |
|
Levinstein Eng
TA:LEVI
|
$665.74 Million |
|
Hanwha REIT Co. Ltd.
KO:451800
|
$665.77 Million |
|
Shenzhen Deren Electronic Co Ltd
SHE:002055
|
$665.19 Million |
|
Shenzhen Sunwin Intelligent
SHE:300044
|
$665.08 Million |
|
Tianjin Lisheng Pharmaceutical Co Ltd
SHE:002393
|
$665.06 Million |
|
Assure Tech Hangzhou Co Ltd
SHG:688075
|
$665.00 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 2024 to 2025, total equity changed from 1,420,815,752 to 1,091,314,186, a change of -329,501,566 (-23.2%).
- Net loss of 329,644,062 reduced equity.
- Dividend payments of 20,036,951 reduced retained earnings.
- Other comprehensive income decreased equity by 8,080,202.
- Other factors increased equity by 28,259,649.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-329.64 Million | -30.21% |
| Dividends Paid | CN¥20.04 Million | -1.84% |
| Other Comprehensive Income | CN¥-8.08 Million | -0.74% |
| Other Changes | CN¥28.26 Million | +2.59% |
| Total Change | CN¥- | -23.19% |
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: 4.17x
- 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 14.33x to 4.17x 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¥4.49 | x |
| 2004-12-31 | CN¥0.31 | CN¥4.49 | x |
| 2005-12-31 | CN¥0.33 | CN¥4.49 | x |
| 2006-12-31 | CN¥1.24 | CN¥4.49 | x |
| 2007-12-31 | CN¥1.25 | CN¥4.49 | x |
| 2008-12-31 | CN¥1.37 | CN¥4.49 | x |
| 2009-12-31 | CN¥1.24 | CN¥4.49 | x |
| 2010-12-31 | CN¥1.29 | CN¥4.49 | x |
| 2011-12-31 | CN¥1.33 | CN¥4.49 | x |
| 2012-12-31 | CN¥1.00 | CN¥4.49 | x |
| 2013-12-31 | CN¥1.83 | CN¥4.49 | x |
| 2014-12-31 | CN¥2.51 | CN¥4.49 | x |
| 2015-12-31 | CN¥2.29 | CN¥4.49 | x |
| 2016-12-31 | CN¥2.05 | CN¥4.49 | x |
| 2017-12-31 | CN¥2.07 | CN¥4.49 | x |
| 2018-12-31 | CN¥2.17 | CN¥4.49 | x |
| 2019-12-31 | CN¥2.28 | CN¥4.49 | x |
| 2020-12-31 | CN¥2.40 | CN¥4.49 | x |
| 2021-12-31 | CN¥2.06 | CN¥4.49 | x |
| 2022-12-31 | CN¥1.85 | CN¥4.49 | x |
| 2023-12-31 | CN¥1.44 | CN¥4.49 | x |
| 2024-12-31 | CN¥1.41 | CN¥4.49 | x |
| 2025-12-31 | CN¥1.08 | CN¥4.49 | 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): -30.21%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -93.88%
- • Asset Turnover: 0.12x
- • Equity Multiplier: 2.71x
- Recent ROE (-30.21%) is below the historical average (1.23%), 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 | 9.01% | 7.44% | 0.61x | 1.99x | CN¥-5.81 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 | 4.88% | 5.73% | 0.35x | 2.41x | CN¥-85.83 Million |
| 2016 | 4.32% | 4.41% | 0.37x | 2.66x | CN¥-84.94 Million |
| 2017 | 4.74% | 3.53% | 0.42x | 3.16x | CN¥-79.48 Million |
| 2018 | 30.06% | 20.21% | 0.71x | 2.08x | CN¥398.21 Million |
| 2019 | 4.10% | 3.29% | 0.46x | 2.68x | CN¥-136.24 Million |
| 2020 | 6.55% | 8.79% | 0.32x | 2.33x | CN¥-83.79 Million |
| 2021 | -15.59% | -22.97% | 0.30x | 2.29x | CN¥-534.58 Million |
| 2022 | -15.10% | -52.21% | 0.11x | 2.69x | CN¥-467.40 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 |
| 2025 | -30.21% | -93.88% | 0.12x | 2.71x | CN¥-438.78 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: $1,677,414,802
- Average return on equity (ROE) among peers: 1.67%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Yunnan Tourism Co Ltd (002059) | CN¥1.04 Billion | 8.52% | 1.77x | $665.20 Million |
| ShenZhen Zero-Seven Co Ltd (000007) | $-54.45 Million | 0.00% | 0.00x | $607.34 Million |
| Shenzhen Overseas Chinese Town Co Ltd (000069) | $3.66 Billion | 15.14% | 0.92x | $2.20 Billion |
| Huatian Hotel Group Co Ltd (000428) | $3.41 Billion | 0.38% | 1.79x | $538.25 Million |
| Zhang Jia Jie Tourism Group Co Ltd (000430) | $1.59 Billion | 1.66% | 0.57x | $894.49 Million |
| XiAn Tourism Co Ltd (000610) | $832.22 Million | 1.30% | 0.39x | $250.13 Million |
| Guilin Tourism Corp Ltd (000978) | $1.28 Billion | -23.68% | 0.84x | $450.74 Million |
| LiJiang YuLong Tourism Co Ltd (002033) | $2.69 Billion | 7.56% | 0.06x | $692.31 Million |
| SSAW Hotels & Resorts Group Co.Ltd. (301073) | $975.86 Million | 3.13% | 1.48x | $662.13 Million |
| Huangshan Tourism Development Co Ltd A (600054) | $720.64 Million | 9.55% | 0.34x | $820.22 Million |
About Yunnan Tourism Co Ltd
Yunnan Tourism Co., Ltd. provides tourism services in China. The company operates through three segments: Tourism Culture and Technology, Cultural Tourism Complexes, and Comprehensive Tourism Services. The Tourism Culture and Technology segment engages in tourism park planning and design; research, development, and production of high-tech amusement equipment; theme park construction; and system s… Read more