Better Life Commercial Chain Share Co Ltd
Better Life Commercial Chain Share Co.,Ltd engages in commercial retail business in China. The company involved in e-commerce, including fresh food, imported food, beauty and personal care, kitchen and bath, maternity products and toys, electrical equipment and appliances, home and sports, nutrition and health care, watches and jewelry, clothing, shoes and hats, air tickets, and products of brand… Read more
Better Life Commercial Chain Share Co Ltd (002251) - Net Assets
Latest net assets as of September 2025: CN¥8.57 Billion CNY
Based on the latest financial reports, Better Life Commercial Chain Share Co Ltd (002251) has net assets worth CN¥8.57 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¥22.01 Billion) and total liabilities (CN¥13.44 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¥8.57 Billion |
| % of Total Assets | 38.93% |
| Annual Growth Rate | 22.42% |
| 5-Year Change | 8.16% |
| 10-Year Change | 64.43% |
| Growth Volatility | 65.86 |
Better Life Commercial Chain Share Co Ltd - Net Assets Trend (2005–2024)
This chart illustrates how Better Life Commercial Chain Share 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 Better Life Commercial Chain Share Co Ltd (2005–2024)
The table below shows the annual net assets of Better Life Commercial Chain Share Co Ltd from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥8.22 Billion | +157.10% |
| 2023-12-31 | CN¥3.20 Billion | -38.36% |
| 2022-12-31 | CN¥5.19 Billion | -31.94% |
| 2021-12-31 | CN¥7.62 Billion | +0.28% |
| 2020-12-31 | CN¥7.60 Billion | -3.01% |
| 2019-12-31 | CN¥7.83 Billion | +0.97% |
| 2018-12-31 | CN¥7.76 Billion | +19.69% |
| 2017-12-31 | CN¥6.48 Billion | +1.21% |
| 2016-12-31 | CN¥6.40 Billion | +28.15% |
| 2015-12-31 | CN¥5.00 Billion | +47.79% |
| 2014-12-31 | CN¥3.38 Billion | +1.39% |
| 2013-12-31 | CN¥3.34 Billion | +70.81% |
| 2012-12-31 | CN¥1.95 Billion | +11.90% |
| 2011-12-31 | CN¥1.74 Billion | +11.43% |
| 2010-12-31 | CN¥1.57 Billion | +0.32% |
| 2009-12-31 | CN¥1.56 Billion | +10.71% |
| 2008-12-31 | CN¥1.41 Billion | +249.85% |
| 2007-12-31 | CN¥403.01 Million | +63.18% |
| 2006-12-31 | CN¥246.97 Million | +40.33% |
| 2005-12-31 | CN¥175.99 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Better Life Commercial Chain Share 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 5085.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥2.69 Billion | 34.17% |
| Other Comprehensive Income | CN¥2.99 Billion | 38.04% |
| Other Components | CN¥5.31 Billion | 67.49% |
| Total Equity | CN¥7.87 Billion | 100.00% |
Better Life Commercial Chain Share Co Ltd Competitors by Market Cap
The table below lists competitors of Better Life Commercial Chain Share Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Up Fintech Holding Ltd
NASDAQ:TIGR
|
$1.30 Billion |
|
Wondershare Technology Co Ltd Class A
SHE:300624
|
$1.30 Billion |
|
Asker Healthcare
ST:ASKER
|
$1.30 Billion |
|
Chemring Group PLC
PINK:CMGMF
|
$1.30 Billion |
|
Electric Connector Technology Co Ltd
SHE:300679
|
$1.30 Billion |
|
Orbia Advance Corp
PINK:MXCHY
|
$1.30 Billion |
|
Universal Corporation
NYSE:UVV
|
$1.30 Billion |
|
Nanjing Gaoke Co Ltd
SHG:600064
|
$1.30 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Better Life Commercial Chain Share Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,862,017,224 to 7,869,179,872, a change of 5,007,162,648 (175.0%).
- Net income of 1,211,693,652 contributed positively to equity growth.
- Dividend payments of 157,541,245 reduced retained earnings.
- Other comprehensive income decreased equity by 32,888,269.
- Other factors increased equity by 3,985,898,510.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥1.21 Billion | +15.4% |
| Dividends Paid | CN¥157.54 Million | -2.0% |
| Other Comprehensive Income | CN¥-32.89 Million | -0.42% |
| Other Changes | CN¥3.99 Billion | +50.65% |
| Total Change | CN¥- | 174.95% |
Book Value vs Market Value Analysis
This analysis compares Better Life Commercial Chain Share 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: 0.48x
- 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 9.64x to 0.48x 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¥0.48 | CN¥4.62 | x |
| 2006-12-31 | CN¥0.67 | CN¥4.62 | x |
| 2007-12-31 | CN¥1.05 | CN¥4.62 | x |
| 2008-12-31 | CN¥2.97 | CN¥4.62 | x |
| 2009-12-31 | CN¥2.87 | CN¥4.62 | x |
| 2010-12-31 | CN¥2.88 | CN¥4.62 | x |
| 2011-12-31 | CN¥3.21 | CN¥4.62 | x |
| 2012-12-31 | CN¥3.59 | CN¥4.62 | x |
| 2013-12-31 | CN¥5.30 | CN¥4.62 | x |
| 2014-12-31 | CN¥5.15 | CN¥4.62 | x |
| 2015-12-31 | CN¥6.40 | CN¥4.62 | x |
| 2016-12-31 | CN¥7.85 | CN¥4.62 | x |
| 2017-12-31 | CN¥7.21 | CN¥4.62 | x |
| 2018-12-31 | CN¥8.67 | CN¥4.62 | x |
| 2019-12-31 | CN¥8.75 | CN¥4.62 | x |
| 2020-12-31 | CN¥8.51 | CN¥4.62 | x |
| 2021-12-31 | CN¥8.73 | CN¥4.62 | x |
| 2022-12-31 | CN¥5.74 | CN¥4.62 | x |
| 2023-12-31 | CN¥3.41 | CN¥4.62 | x |
| 2024-12-31 | CN¥9.64 | CN¥4.62 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Better Life Commercial Chain Share 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): 15.40%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 35.24%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 2.81x
- Recent ROE (15.40%) is above the historical average (5.30%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 42.15% | 3.46% | 2.79x | 4.36x | CN¥56.40 Million |
| 2006 | 35.47% | 2.76% | 3.02x | 4.26x | CN¥62.79 Million |
| 2007 | 30.96% | 2.96% | 2.78x | 3.77x | CN¥83.72 Million |
| 2008 | 11.58% | 3.13% | 1.95x | 1.90x | CN¥22.27 Million |
| 2009 | 10.61% | 2.89% | 1.88x | 1.95x | CN¥9.47 Million |
| 2010 | 10.91% | 2.52% | 1.77x | 2.44x | CN¥14.29 Million |
| 2011 | 14.91% | 3.08% | 1.63x | 2.97x | CN¥85.60 Million |
| 2012 | 17.56% | 3.43% | 1.65x | 3.11x | CN¥147.63 Million |
| 2013 | 12.46% | 3.65% | 1.35x | 2.53x | CN¥82.11 Million |
| 2014 | 10.22% | 2.81% | 1.40x | 2.60x | CN¥7.29 Million |
| 2015 | 4.35% | 1.38% | 1.26x | 2.50x | CN¥-278.20 Million |
| 2016 | 2.15% | 0.86% | 1.07x | 2.36x | CN¥-484.03 Million |
| 2017 | 2.42% | 0.87% | 1.08x | 2.57x | CN¥-472.26 Million |
| 2018 | 2.09% | 0.85% | 0.88x | 2.79x | CN¥-592.48 Million |
| 2019 | 2.29% | 0.88% | 0.81x | 3.23x | CN¥-583.07 Million |
| 2020 | 1.53% | 0.71% | 0.64x | 3.36x | CN¥-619.71 Million |
| 2021 | -2.54% | -1.38% | 0.41x | 4.45x | CN¥-910.45 Million |
| 2022 | -52.58% | -28.99% | 0.31x | 5.79x | CN¥-3.02 Billion |
| 2023 | -65.99% | -60.90% | 0.13x | 8.44x | CN¥-2.17 Billion |
| 2024 | 15.40% | 35.24% | 0.16x | 2.81x | CN¥424.78 Million |
Industry Comparison
This section compares Better Life Commercial Chain Share Co Ltd's net assets metrics with peer companies in the Department Stores industry.
Industry Context
- Industry: Department Stores
- Average net assets among peers: $4,657,998,871
- Average return on equity (ROE) among peers: 6.67%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Better Life Commercial Chain Share Co Ltd (002251) | CN¥8.57 Billion | 42.15% | 1.57x | $1.30 Billion |
| Hefei Department Store Group Co Ltd (000417) | $3.72 Billion | 9.85% | 1.14x | $183.52 Million |
| Changsha Tongcheng Holdings Co Ltd (000419) | $216.13 Million | 19.44% | 0.56x | $227.08 Million |
| Wushang Group Co Ltd (000501) | $8.25 Billion | 12.73% | 1.77x | $549.14 Million |
| CCOOP Group Co Ltd (000564) | $648.17 Million | 8.80% | 0.99x | $3.83 Billion |
| Dalian Friendship Group Co Ltd (000679) | $2.09 Billion | 2.71% | 3.27x | $232.35 Million |
| Zhongxing Shenyang Commercial Building Group Co Ltd (000715) | $682.33 Million | 7.80% | 0.41x | $199.18 Million |
| Easyhome New Retail Group Co Ltd (000785) | $20.72 Billion | 6.55% | 0.90x | $1.02 Billion |
| Guangzhou Grandbuy Co Ltd (002187) | $3.99 Billion | -3.63% | 1.20x | $406.04 Million |
| New Huadu Supercenter Co Ltd (002264) | $1.61 Billion | -4.25% | 1.18x | $394.48 Million |