China Quanjude Group Co Ltd (002186) - Net Assets

Latest as of September 2025: CN¥899.48 Million CNY ≈ $131.62 Million USD

Based on the latest financial reports, China Quanjude Group Co Ltd (002186) has net assets worth CN¥899.48 Million CNY (≈ $131.62 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¥1.54 Billion ≈ $225.07 Million USD) and total liabilities (CN¥638.59 Million ≈ $93.45 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 China Quanjude Group Co Ltd (002186) asset resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥899.48 Million
% of Total Assets	58.48%
Annual Growth Rate	7.8%
5-Year Change	-31.41%
10-Year Change	-40.75%
Growth Volatility	37.37

China Quanjude Group Co Ltd - Net Assets Trend (2004–2024)

This chart illustrates how China Quanjude Group Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 002186 total asset value for the complete picture of this company's asset base.

Annual Net Assets for China Quanjude Group Co Ltd (2004–2024)

The table below shows the annual net assets of China Quanjude Group Co Ltd from 2004 to 2024. For live valuation and market cap data, see 002186 market cap overview.

Year	Net Assets	Change
2024-12-31	CN¥869.59 Million ≈ $127.25 Million	+5.49%
2023-12-31	CN¥824.33 Million ≈ $120.63 Million	+7.67%
2022-12-31	CN¥765.58 Million ≈ $112.03 Million	-27.65%
2021-12-31	CN¥1.06 Billion ≈ $154.83 Million	-16.54%
2020-12-31	CN¥1.27 Billion ≈ $185.52 Million	-19.50%
2019-12-31	CN¥1.57 Billion ≈ $230.46 Million	-1.61%
2018-12-31	CN¥1.60 Billion ≈ $234.23 Million	-0.16%
2017-12-31	CN¥1.60 Billion ≈ $234.61 Million	+4.13%
2016-12-31	CN¥1.54 Billion ≈ $225.31 Million	+4.91%
2015-12-31	CN¥1.47 Billion ≈ $214.77 Million	+5.71%
2014-12-31	CN¥1.39 Billion ≈ $203.16 Million	+37.67%
2013-12-31	CN¥1.01 Billion ≈ $147.57 Million	+4.23%
2012-12-31	CN¥967.53 Million ≈ $141.58 Million	+8.54%
2011-12-31	CN¥891.39 Million ≈ $130.44 Million	+7.95%
2010-12-31	CN¥825.72 Million ≈ $120.83 Million	+6.17%
2009-12-31	CN¥777.75 Million ≈ $113.81 Million	+3.13%
2008-12-31	CN¥754.17 Million ≈ $110.36 Million	+4.04%
2007-12-31	CN¥724.91 Million ≈ $106.08 Million	+163.35%
2006-12-31	CN¥275.26 Million ≈ $40.28 Million	+13.52%
2005-12-31	CN¥242.48 Million ≈ $35.48 Million	+25.34%
2004-12-31	CN¥193.46 Million ≈ $28.31 Million	--

Equity Component Analysis

This analysis shows how different components contribute to China Quanjude 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 620.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Common Stock	CN¥306.92 Million	36.59%
Other Components	CN¥690.30 Million	82.30%
Total Equity	CN¥838.81 Million	100.00%

China Quanjude Group Co Ltd Competitors by Market Cap

The table below lists competitors of China Quanjude Group Co Ltd ranked by their market capitalization.

Company	Market Cap
Zen Voce TWO:3581	$437.90 Million
VALNEVA SE SP.ADS/2 F:AYJ0	$438.08 Million
Citra Putra Realty Tbk PT JK:CLAY	$438.22 Million
Zhejiang Xinchai Co. Ltd. SHE:301032	$438.24 Million
OPTHEA LTD F:UKJ	$437.75 Million
Hap Seng Plantations Holdings Bhd KLSE:5138	$437.69 Million
Universal Cables Limited NSE:UNIVCABLES	$437.47 Million
Chongqing Machinery & Electric Co. Ltd F:CE3	$437.32 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2023 to 2024, total equity changed from 804,793,733 to 838,812,461, a change of 34,018,728 (4.2%).
Net income of 34,130,944 contributed positively to equity growth.
Other comprehensive income decreased equity by 112,215.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥34.13 Million	+4.07%
Other Comprehensive Income	CN¥-112.22K	-0.01%
Other Changes	CN¥-1.00	-0.0%
Total Change	CN¥-	4.23%

Book Value vs Market Value Analysis

This analysis compares China Quanjude 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: 3.57x
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 10.69x to 3.57x 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¥0.91	CN¥9.75	x
2005-12-31	CN¥1.14	CN¥9.75	x
2006-12-31	CN¥1.12	CN¥9.75	x
2007-12-31	CN¥3.09	CN¥9.75	x
2008-12-31	CN¥2.46	CN¥9.75	x
2009-12-31	CN¥2.54	CN¥9.75	x
2010-12-31	CN¥2.64	CN¥9.75	x
2011-12-31	CN¥2.85	CN¥9.75	x
2012-12-31	CN¥3.08	CN¥9.75	x
2013-12-31	CN¥3.22	CN¥9.75	x
2014-12-31	CN¥4.42	CN¥9.75	x
2015-12-31	CN¥4.46	CN¥9.75	x
2016-12-31	CN¥4.69	CN¥9.75	x
2017-12-31	CN¥4.89	CN¥9.75	x
2018-12-31	CN¥4.87	CN¥9.75	x
2019-12-31	CN¥4.87	CN¥9.75	x
2020-12-31	CN¥3.94	CN¥9.75	x
2021-12-31	CN¥3.33	CN¥9.75	x
2022-12-31	CN¥2.42	CN¥9.75	x
2023-12-31	CN¥2.62	CN¥9.75	x
2024-12-31	CN¥2.73	CN¥9.75	x

Capital Efficiency Dashboard

This dashboard shows how efficiently China Quanjude 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): 4.07%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 2.43%
• Asset Turnover: 0.94x
• Equity Multiplier: 1.78x
Recent ROE (4.07%) is below the historical average (6.27%), 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	19.55%	8.46%	0.99x	2.33x	CN¥18.39 Million
2005	19.75%	8.53%	1.10x	2.11x	CN¥23.47 Million
2006	23.98%	8.51%	0.98x	2.87x	CN¥33.03 Million
2007	9.59%	7.02%	0.83x	1.65x	CN¥-2.75 Million
2008	10.86%	6.80%	1.02x	1.56x	CN¥5.98 Million
2009	11.74%	7.02%	1.12x	1.49x	CN¥12.52 Million
2010	13.41%	7.49%	1.06x	1.69x	CN¥25.50 Million
2011	16.02%	7.17%	1.42x	1.58x	CN¥48.55 Million
2012	17.41%	7.82%	1.43x	1.56x	CN¥64.72 Million
2013	12.06%	5.79%	1.36x	1.54x	CN¥18.80 Million
2014	9.60%	6.80%	1.07x	1.32x	CN¥-5.22 Million
2015	9.53%	7.08%	1.00x	1.35x	CN¥-6.48 Million
2016	9.64%	7.56%	0.93x	1.37x	CN¥-5.20 Million
2017	9.01%	7.31%	0.90x	1.37x	CN¥-14.99 Million
2018	4.86%	4.11%	0.88x	1.34x	CN¥-77.23 Million
2019	2.97%	2.85%	0.78x	1.33x	CN¥-105.54 Million
2020	-23.38%	-36.30%	0.45x	1.43x	CN¥-405.94 Million
2021	-16.78%	-18.08%	0.53x	1.74x	CN¥-273.51 Million
2022	-39.76%	-41.13%	0.48x	2.03x	CN¥-370.04 Million
2023	7.46%	4.19%	0.94x	1.89x	CN¥-20.44 Million
2024	4.07%	2.43%	0.94x	1.78x	CN¥-49.75 Million

Industry Comparison

This section compares China Quanjude Group Co Ltd's net assets metrics with peer companies in the Restaurants industry.

Industry Context

Industry: Restaurants
Average net assets among peers: $585,622,205
Average return on equity (ROE) among peers: 1.32%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
China Quanjude Group Co Ltd (002186)	CN¥899.48 Million	19.55%	0.71x	$437.89 Million
XiAn Catering Co Ltd (000721)	$147.40 Million	11.55%	0.62x	$545.04 Million
Cloud Live Technology Group Co Ltd (002306)	$143.49 Million	-38.59%	5.21x	$268.55 Million
Xinjiang Baihuacun Co Ltd (600721)	$1.35 Billion	0.15%	2.28x	$432.16 Million
Guangzhou Restaurants Group Co (603043)	$699.49 Million	32.17%	0.39x	$1.18 Billion

About China Quanjude Group Co Ltd

SHE:002186 China Restaurants

Market Cap

$437.89 Million

CN¥2.99 Billion CNY

Market Cap Rank

#13292 Global

#4104 in China

Share Price

CN¥9.75

Change (1 day)

+0.31%

52-Week Range

CN¥9.72 - CN¥14.62

All Time High

CN¥23.27