Hangzhou Binjiang Real Estate Group Co Ltd (002244) - Net Assets
Based on the latest financial reports, Hangzhou Binjiang Real Estate Group Co Ltd (002244) has net assets worth CN¥54.52 Billion CNY (≈ $7.98 Billion 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¥231.34 Billion ≈ $33.85 Billion USD) and total liabilities (CN¥176.82 Billion ≈ $25.87 Billion 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 Hangzhou Binjiang Real Estate Group Co L (002244) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥54.52 Billion |
| % of Total Assets | 23.57% |
| Annual Growth Rate | 30.47% |
| 5-Year Change | 83.82% |
| 10-Year Change | 371.43% |
| Growth Volatility | 45.58 |
Hangzhou Binjiang Real Estate Group Co Ltd - Net Assets Trend (2005–2024)
This chart illustrates how Hangzhou Binjiang Real Estate Group Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 002244 asset base for the complete picture of this company's asset base.
Annual Net Assets for Hangzhou Binjiang Real Estate Group Co Ltd (2005–2024)
The table below shows the annual net assets of Hangzhou Binjiang Real Estate Group Co Ltd from 2005 to 2024. For live valuation and market cap data, see Hangzhou Binjiang Real Estate Group Co L (002244) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥51.55 Billion ≈ $7.54 Billion |
-11.81% |
| 2023-12-31 | CN¥58.45 Billion ≈ $8.55 Billion |
+10.88% |
| 2022-12-31 | CN¥52.72 Billion ≈ $7.71 Billion |
+41.00% |
| 2021-12-31 | CN¥37.39 Billion ≈ $5.47 Billion |
+33.31% |
| 2020-12-31 | CN¥28.04 Billion ≈ $4.10 Billion |
+25.13% |
| 2019-12-31 | CN¥22.41 Billion ≈ $3.28 Billion |
+16.04% |
| 2018-12-31 | CN¥19.31 Billion ≈ $2.83 Billion |
+18.06% |
| 2017-12-31 | CN¥16.36 Billion ≈ $2.39 Billion |
+3.99% |
| 2016-12-31 | CN¥15.73 Billion ≈ $2.30 Billion |
+43.87% |
| 2015-12-31 | CN¥10.94 Billion ≈ $1.60 Billion |
+18.73% |
| 2014-12-31 | CN¥9.21 Billion ≈ $1.35 Billion |
+8.51% |
| 2013-12-31 | CN¥8.49 Billion ≈ $1.24 Billion |
+10.43% |
| 2012-12-31 | CN¥7.69 Billion ≈ $1.12 Billion |
+13.83% |
| 2011-12-31 | CN¥6.75 Billion ≈ $988.10 Million |
+12.84% |
| 2010-12-31 | CN¥5.98 Billion ≈ $875.68 Million |
+42.62% |
| 2009-12-31 | CN¥4.20 Billion ≈ $614.00 Million |
+21.46% |
| 2008-12-31 | CN¥3.45 Billion ≈ $505.52 Million |
+163.02% |
| 2007-12-31 | CN¥1.31 Billion ≈ $192.20 Million |
+159.09% |
| 2006-12-31 | CN¥506.95 Million ≈ $74.18 Million |
+53.96% |
| 2005-12-31 | CN¥329.26 Million ≈ $48.18 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Hangzhou Binjiang Real Estate 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 8554.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥20.97 Billion | 76.18% |
| Common Stock | CN¥3.11 Billion | 11.30% |
| Other Components | CN¥3.45 Billion | 12.52% |
| Total Equity | CN¥27.53 Billion | 100.00% |
Hangzhou Binjiang Real Estate Group Co Ltd Competitors by Market Cap
The table below lists competitors of Hangzhou Binjiang Real Estate Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
1&1 AG
XETRA:1U1
|
$4.35 Billion |
|
Heilongjiang Agriculture Co Ltd
SHG:600598
|
$4.36 Billion |
|
Adata Technology Co Ltd
TWO:3260
|
$4.36 Billion |
|
ServisFirst Bancshares Inc
NYSE:SFBS
|
$4.36 Billion |
|
Shanghai Sinyang Semiconductor
SHE:300236
|
$4.35 Billion |
|
Endeavour Group Ltd
AU:EDV
|
$4.35 Billion |
|
SentinelOne Inc
NYSE:S
|
$4.35 Billion |
|
Western Gold Co Ltd
SHG:601069
|
$4.34 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hangzhou Binjiang Real Estate Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 25,302,261,949 to 27,527,700,825, a change of 2,225,438,876 (8.8%).
- Net income of 2,545,764,974 contributed positively to equity growth.
- Dividend payments of 2,122,398,000 reduced retained earnings.
- Share repurchases of 495,341,000 reduced equity.
- Other comprehensive income decreased equity by 1,338,685,273.
- Other factors increased equity by 3,636,098,175.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥2.55 Billion | +9.25% |
| Dividends Paid | CN¥2.12 Billion | -7.71% |
| Share Repurchases | CN¥495.34 Million | -1.8% |
| Other Comprehensive Income | CN¥-1.34 Billion | -4.86% |
| Other Changes | CN¥3.64 Billion | +13.21% |
| Total Change | CN¥- | 8.80% |
Book Value vs Market Value Analysis
This analysis compares Hangzhou Binjiang Real Estate 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: 1.08x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 9.44x to 1.08x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | CN¥1.01 | CN¥9.55 | x |
| 2006-12-31 | CN¥0.21 | CN¥9.55 | x |
| 2007-12-31 | CN¥0.48 | CN¥9.55 | x |
| 2008-12-31 | CN¥1.12 | CN¥9.55 | x |
| 2009-12-31 | CN¥1.27 | CN¥9.55 | x |
| 2010-12-31 | CN¥1.58 | CN¥9.55 | x |
| 2011-12-31 | CN¥1.82 | CN¥9.55 | x |
| 2012-12-31 | CN¥2.23 | CN¥9.55 | x |
| 2013-12-31 | CN¥2.68 | CN¥9.55 | x |
| 2014-12-31 | CN¥2.98 | CN¥9.55 | x |
| 2015-12-31 | CN¥3.23 | CN¥9.55 | x |
| 2016-12-31 | CN¥4.21 | CN¥9.55 | x |
| 2017-12-31 | CN¥4.59 | CN¥9.55 | x |
| 2018-12-31 | CN¥4.89 | CN¥9.55 | x |
| 2019-12-31 | CN¥5.28 | CN¥9.55 | x |
| 2020-12-31 | CN¥5.90 | CN¥9.55 | x |
| 2021-12-31 | CN¥6.61 | CN¥9.55 | x |
| 2022-12-31 | CN¥7.56 | CN¥9.55 | x |
| 2023-12-31 | CN¥8.10 | CN¥9.55 | x |
| 2024-12-31 | CN¥8.87 | CN¥9.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hangzhou Binjiang Real Estate 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): 9.25%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.68%
- • Asset Turnover: 0.27x
- • Equity Multiplier: 9.41x
- Recent ROE (9.25%) is below the historical average (19.44%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 30.05% | 10.03% | 0.27x | 11.21x | CN¥63.13 Million |
| 2006 | 44.02% | 15.08% | 0.26x | 11.08x | CN¥157.33 Million |
| 2007 | 40.92% | 17.33% | 0.32x | 7.33x | CN¥344.56 Million |
| 2008 | 20.94% | 25.98% | 0.17x | 4.83x | CN¥315.65 Million |
| 2009 | 18.92% | 22.72% | 0.15x | 5.59x | CN¥303.38 Million |
| 2010 | 22.46% | 15.54% | 0.21x | 6.90x | CN¥536.05 Million |
| 2011 | 15.96% | 21.99% | 0.10x | 7.08x | CN¥292.79 Million |
| 2012 | 21.10% | 19.75% | 0.17x | 6.39x | CN¥665.87 Million |
| 2013 | 19.37% | 13.58% | 0.26x | 5.43x | CN¥682.08 Million |
| 2014 | 10.41% | 7.05% | 0.31x | 4.80x | CN¥32.97 Million |
| 2015 | 11.44% | 7.95% | 0.30x | 4.82x | CN¥126.38 Million |
| 2016 | 10.93% | 7.19% | 0.39x | 3.87x | CN¥119.35 Million |
| 2017 | 11.99% | 12.43% | 0.23x | 4.22x | CN¥283.55 Million |
| 2018 | 7.97% | 5.76% | 0.24x | 5.74x | CN¥-309.09 Million |
| 2019 | 23.98% | 15.92% | 0.19x | 7.82x | CN¥2.32 Billion |
| 2020 | 19.31% | 12.41% | 0.17x | 9.36x | CN¥1.71 Billion |
| 2021 | 23.91% | 12.96% | 0.18x | 10.29x | CN¥2.86 Billion |
| 2022 | 15.90% | 9.02% | 0.15x | 11.73x | CN¥1.39 Billion |
| 2023 | 10.00% | 3.59% | 0.24x | 11.46x | CN¥-1.09 Million |
| 2024 | 9.25% | 3.68% | 0.27x | 9.41x | CN¥-207.01 Million |
Industry Comparison
This section compares Hangzhou Binjiang Real Estate 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 |
|---|---|---|---|---|
| Hangzhou Binjiang Real Estate Group Co Ltd (002244) | CN¥54.52 Billion | 30.05% | 3.24x | $4.35 Billion |
| 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 Hangzhou Binjiang Real Estate Group Co Ltd
Hangzhou Binjiang Real Estate Group Co.,Ltd provides real estate development services in China. It involved in the leasing of office buildings, commercial podiums, community basements and apartments. Hangzhou Binjiang Real Estate Group Co.,Ltd was founded in 2006 and is based in Hangzhou, China.