Cosmos Group Co Ltd (002133) - Net Assets
Based on the latest financial reports, Cosmos Group Co Ltd (002133) has net assets worth CN¥3.10 Billion CNY (≈ $454.25 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¥7.56 Billion ≈ $1.11 Billion USD) and total liabilities (CN¥4.45 Billion ≈ $651.71 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 Cosmos Group Co Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.10 Billion |
| % of Total Assets | 41.07% |
| Annual Growth Rate | 13.33% |
| 5-Year Change | -25.05% |
| 10-Year Change | -2.07% |
| Growth Volatility | 44.31 |
Cosmos Group Co Ltd - Net Assets Trend (2004–2024)
This chart illustrates how Cosmos Group Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Cosmos Group Co Ltd total assets for the complete picture of this company's asset base.
Annual Net Assets for Cosmos Group Co Ltd (2004–2024)
The table below shows the annual net assets of Cosmos Group Co Ltd from 2004 to 2024. For live valuation and market cap data, see 002133 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.13 Billion ≈ $457.86 Million |
-32.57% |
| 2023-12-31 | CN¥4.64 Billion ≈ $679.03 Million |
+2.38% |
| 2022-12-31 | CN¥4.53 Billion ≈ $663.23 Million |
-4.35% |
| 2021-12-31 | CN¥4.74 Billion ≈ $693.42 Million |
+13.50% |
| 2020-12-31 | CN¥4.17 Billion ≈ $610.92 Million |
+9.90% |
| 2019-12-31 | CN¥3.80 Billion ≈ $555.91 Million |
+7.19% |
| 2018-12-31 | CN¥3.54 Billion ≈ $518.62 Million |
+6.48% |
| 2017-12-31 | CN¥3.33 Billion ≈ $487.07 Million |
+4.64% |
| 2016-12-31 | CN¥3.18 Billion ≈ $465.48 Million |
-0.44% |
| 2015-12-31 | CN¥3.20 Billion ≈ $467.54 Million |
-4.36% |
| 2014-12-31 | CN¥3.34 Billion ≈ $488.84 Million |
+35.40% |
| 2013-12-31 | CN¥2.47 Billion ≈ $361.03 Million |
+6.88% |
| 2012-12-31 | CN¥2.31 Billion ≈ $337.79 Million |
+7.67% |
| 2011-12-31 | CN¥2.14 Billion ≈ $313.71 Million |
+10.66% |
| 2010-12-31 | CN¥1.94 Billion ≈ $283.50 Million |
+8.29% |
| 2009-12-31 | CN¥1.79 Billion ≈ $261.80 Million |
+15.98% |
| 2008-12-31 | CN¥1.54 Billion ≈ $225.73 Million |
+11.25% |
| 2007-12-31 | CN¥1.39 Billion ≈ $202.91 Million |
+195.82% |
| 2006-12-31 | CN¥468.75 Million ≈ $68.59 Million |
+10.95% |
| 2005-12-31 | CN¥422.49 Million ≈ $61.82 Million |
+65.05% |
| 2004-12-31 | CN¥255.98 Million ≈ $37.46 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Cosmos 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 grown by 6280.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.01 Billion | 34.62% |
| Common Stock | CN¥774.14 Million | 26.58% |
| Other Comprehensive Income | CN¥286.67 Million | 9.84% |
| Other Components | CN¥843.05 Million | 28.95% |
| Total Equity | CN¥2.91 Billion | 100.00% |
Cosmos Group Co Ltd Competitors by Market Cap
The table below lists competitors of Cosmos Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Swancor Holding Co Ltd
TW:3708
|
$393.17 Million |
|
Xinjiang Tianshun Supply Chain Co Ltd
SHE:002800
|
$393.23 Million |
|
Ambac Financial Group Inc
NYSE:AMBC
|
$393.43 Million |
|
Acacia Research Corporation
NASDAQ:ACTG
|
$393.56 Million |
|
Centuria Office REIT
AU:COF
|
$393.07 Million |
|
Autocanada Inc
TO:ACQ
|
$393.00 Million |
|
PetroVietnam Transportation Corp
VN:PVT
|
$392.80 Million |
|
Holtek Semiconductor Inc
TW:6202
|
$392.78 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cosmos Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,962,599,714 to 2,912,066,621, a change of -1,050,533,093 (-26.5%).
- Net loss of 1,008,975,023 reduced equity.
- Dividend payments of 218,699,704 reduced retained earnings.
- Other comprehensive income increased equity by 286,674,423.
- Other factors decreased equity by 109,532,789.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-1.01 Billion | -34.65% |
| Dividends Paid | CN¥218.70 Million | -7.51% |
| Other Comprehensive Income | CN¥286.67 Million | +9.84% |
| Other Changes | CN¥-109.53 Million | -3.76% |
| Total Change | CN¥- | -26.51% |
Book Value vs Market Value Analysis
This analysis compares Cosmos 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: 0.92x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 6.96x to 0.92x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | CN¥0.50 | CN¥3.47 | x |
| 2005-12-31 | CN¥0.68 | CN¥3.47 | x |
| 2006-12-31 | CN¥0.83 | CN¥3.47 | x |
| 2007-12-31 | CN¥2.04 | CN¥3.47 | x |
| 2008-12-31 | CN¥1.88 | CN¥3.47 | x |
| 2009-12-31 | CN¥2.04 | CN¥3.47 | x |
| 2010-12-31 | CN¥2.34 | CN¥3.47 | x |
| 2011-12-31 | CN¥2.69 | CN¥3.47 | x |
| 2012-12-31 | CN¥3.06 | CN¥3.47 | x |
| 2013-12-31 | CN¥3.35 | CN¥3.47 | x |
| 2014-12-31 | CN¥4.56 | CN¥3.47 | x |
| 2015-12-31 | CN¥3.39 | CN¥3.47 | x |
| 2016-12-31 | CN¥3.73 | CN¥3.47 | x |
| 2017-12-31 | CN¥3.88 | CN¥3.47 | x |
| 2018-12-31 | CN¥4.13 | CN¥3.47 | x |
| 2019-12-31 | CN¥4.40 | CN¥3.47 | x |
| 2020-12-31 | CN¥4.70 | CN¥3.47 | x |
| 2021-12-31 | CN¥5.04 | CN¥3.47 | x |
| 2022-12-31 | CN¥5.15 | CN¥3.47 | x |
| 2023-12-31 | CN¥5.12 | CN¥3.47 | x |
| 2024-12-31 | CN¥3.76 | CN¥3.47 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cosmos 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): -34.65%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -21.68%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 3.43x
- Recent ROE (-34.65%) is below the historical average (9.36%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 25.56% | 12.74% | 0.24x | 8.52x | CN¥34.22 Million |
| 2005 | 28.38% | 12.59% | 0.31x | 7.24x | CN¥54.86 Million |
| 2006 | 24.40% | 19.46% | 0.20x | 6.37x | CN¥53.31 Million |
| 2007 | 13.50% | 11.65% | 0.29x | 3.93x | CN¥39.45 Million |
| 2008 | 10.62% | 12.44% | 0.18x | 4.87x | CN¥6.86 Million |
| 2009 | 13.46% | 12.69% | 0.20x | 5.29x | CN¥42.71 Million |
| 2010 | 15.67% | 10.18% | 0.31x | 4.97x | CN¥79.36 Million |
| 2011 | 17.86% | 15.06% | 0.29x | 4.16x | CN¥126.86 Million |
| 2012 | 13.71% | 12.67% | 0.28x | 3.92x | CN¥67.33 Million |
| 2013 | 11.06% | 13.23% | 0.21x | 4.04x | CN¥20.97 Million |
| 2014 | 4.60% | 7.80% | 0.20x | 3.00x | CN¥-153.89 Million |
| 2015 | -2.36% | -3.75% | 0.20x | 3.20x | CN¥-336.97 Million |
| 2016 | 5.37% | 3.61% | 0.51x | 2.90x | CN¥-130.61 Million |
| 2017 | 6.44% | 5.48% | 0.42x | 2.78x | CN¥-104.88 Million |
| 2018 | 10.41% | 10.61% | 0.27x | 3.58x | CN¥13.22 Million |
| 2019 | 12.37% | 10.98% | 0.29x | 3.84x | CN¥80.82 Million |
| 2020 | 8.10% | 5.63% | 0.33x | 4.30x | CN¥-69.26 Million |
| 2021 | 8.36% | 4.43% | 0.37x | 5.07x | CN¥-64.16 Million |
| 2022 | 2.84% | 1.88% | 0.30x | 5.03x | CN¥-285.42 Million |
| 2023 | 0.96% | 0.41% | 0.66x | 3.55x | CN¥-358.25 Million |
| 2024 | -34.65% | -21.68% | 0.47x | 3.43x | CN¥-1.30 Billion |
Industry Comparison
This section compares Cosmos 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: $6,813,220,830
- Average return on equity (ROE) among peers: 11.86%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cosmos Group Co Ltd (002133) | CN¥3.10 Billion | 25.56% | 1.43x | $393.09 Million |
| China Vanke Co Ltd Class A (000002) | $2.97 Billion | 10.00% | 0.90x | $5.56 Billion |
| Shenzhen Zhenye Group Co Ltd (000006) | $5.71 Billion | 14.12% | 1.30x | $1.92 Billion |
| Shenzhen Properties & Resources Development Group Ltd (000011) | $3.78 Billion | 21.12% | 2.23x | $623.95 Million |
| Shahe Industry Co Ltd (000014) | $559.79 Million | 12.61% | 1.84x | $467.53 Million |
| Grandjoy Holdings Group Co Ltd (000031) | $52.09 Billion | 0.21% | 3.08x | $1.92 Billion |
| China Union Holdings Ltd (000036) | $851.41 Million | 8.49% | 0.71x | $1.15 Billion |
| Shenzhen Centralcon Investment Holding Co Ltd (000042) | $1.60 Billion | 4.75% | 1.62x | $936.86 Million |
| Shenzhen Wongtee International Enterprise Co Ltd (000056) | $135.09 Million | 4.56% | 9.75x | $239.16 Million |
| Financial Street Holdings Co Ltd (000402) | $211.13 Million | 19.01% | 1.84x | $1.39 Billion |
| Chongqing Yukaifa Co Ltd (000514) | $225.67 Million | 23.70% | 1.22x | $608.71 Million |
About Cosmos Group Co Ltd
Cosmos Group Co., Ltd. engages in the real estate development and trading business in China. The company was founded in 1984 and is headquartered in Hangzhou, China.