Hunan Friendship&Apollo Commercial Co Ltd
Hunan Friendship&Apollo Commercial Co.,Ltd. operates department stores in China. The operates outlets; shopping centers; convenience stores; specialty stores; and online shopping platforms comprising Youa Overseas Shopping, Youa Micro Store, and Youa Shopping, as well as leases properties. It operates stores and properties under the Friendship Store AB Pavilion, Friendship Mall, Apollo Commercial… Read more
Hunan Friendship&Apollo Commercial Co Ltd (002277) - Net Assets
Latest net assets as of September 2025: CN¥6.89 Billion CNY
Based on the latest financial reports, Hunan Friendship&Apollo Commercial Co Ltd (002277) has net assets worth CN¥6.89 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¥14.75 Billion) and total liabilities (CN¥7.86 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¥6.89 Billion |
| % of Total Assets | 46.7% |
| Annual Growth Rate | 17.79% |
| 5-Year Change | -7.61% |
| 10-Year Change | 83.23% |
| Growth Volatility | 48.55 |
Hunan Friendship&Apollo Commercial Co Ltd - Net Assets Trend (2006–2024)
This chart illustrates how Hunan Friendship&Apollo Commercial 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 Hunan Friendship&Apollo Commercial Co Ltd (2006–2024)
The table below shows the annual net assets of Hunan Friendship&Apollo Commercial Co Ltd from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥6.92 Billion | +0.51% |
| 2023-12-31 | CN¥6.89 Billion | +0.11% |
| 2022-12-31 | CN¥6.88 Billion | -0.61% |
| 2021-12-31 | CN¥6.92 Billion | -7.62% |
| 2020-12-31 | CN¥7.49 Billion | -0.79% |
| 2019-12-31 | CN¥7.55 Billion | -0.38% |
| 2018-12-31 | CN¥7.58 Billion | +23.90% |
| 2017-12-31 | CN¥6.12 Billion | +8.03% |
| 2016-12-31 | CN¥5.66 Billion | +49.92% |
| 2015-12-31 | CN¥3.78 Billion | +7.27% |
| 2014-12-31 | CN¥3.52 Billion | +14.05% |
| 2013-12-31 | CN¥3.09 Billion | +18.42% |
| 2012-12-31 | CN¥2.61 Billion | +30.35% |
| 2011-12-31 | CN¥2.00 Billion | +14.22% |
| 2010-12-31 | CN¥1.75 Billion | +15.23% |
| 2009-12-31 | CN¥1.52 Billion | +215.50% |
| 2008-12-31 | CN¥481.60 Million | +23.44% |
| 2007-12-31 | CN¥390.15 Million | +7.44% |
| 2006-12-31 | CN¥363.15 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hunan Friendship&Apollo Commercial 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 3071.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥3.88 Billion | 57.61% |
| Common Stock | CN¥1.39 Billion | 20.70% |
| Other Comprehensive Income | CN¥753.63 Million | 11.19% |
| Other Components | CN¥707.80 Million | 10.51% |
| Total Equity | CN¥6.74 Billion | 100.00% |
Hunan Friendship&Apollo Commercial Co Ltd Competitors by Market Cap
The table below lists competitors of Hunan Friendship&Apollo Commercial Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zhejiang Wolwo Bio-Pharmaceutical Co Ltd
SHE:300357
|
$893.83 Million |
|
Gray Television Inc
NYSE:GTN-A
|
$894.19 Million |
|
China Suntien Green Energy Corporation Limited
PINK:CSGEF
|
$894.23 Million |
|
Chengdu Haoneng Tech Co Ltd
SHG:603809
|
$894.77 Million |
|
TOWA Corporation
F:TWA
|
$893.35 Million |
|
Harbin Gloria Pharmaceuticals
SHE:002437
|
$893.29 Million |
|
Nippon Light Metal Holdings Company Ltd
F:N9L
|
$893.22 Million |
|
Great Wall Enterprise Co Ltd
TW:1210
|
$893.11 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hunan Friendship&Apollo Commercial Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,679,954,647 to 6,735,985,640, a change of 56,030,993 (0.8%).
- Net income of 28,011,350 contributed positively to equity growth.
- Dividend payments of 262,710,167 reduced retained earnings.
- Other comprehensive income increased equity by 752,499,679.
- Other factors decreased equity by 461,769,869.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥28.01 Million | +0.42% |
| Dividends Paid | CN¥262.71 Million | -3.9% |
| Other Comprehensive Income | CN¥752.50 Million | +11.17% |
| Other Changes | CN¥-461.77 Million | -6.86% |
| Total Change | CN¥- | 0.84% |
Book Value vs Market Value Analysis
This analysis compares Hunan Friendship&Apollo Commercial 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: 1.44x
- 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 15.64x to 1.44x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | CN¥0.44 | CN¥6.92 | x |
| 2007-12-31 | CN¥0.47 | CN¥6.92 | x |
| 2008-12-31 | CN¥0.58 | CN¥6.92 | x |
| 2009-12-31 | CN¥1.57 | CN¥6.92 | x |
| 2010-12-31 | CN¥1.49 | CN¥6.92 | x |
| 2011-12-31 | CN¥1.71 | CN¥6.92 | x |
| 2012-12-31 | CN¥2.02 | CN¥6.92 | x |
| 2013-12-31 | CN¥2.39 | CN¥6.92 | x |
| 2014-12-31 | CN¥2.64 | CN¥6.92 | x |
| 2015-12-31 | CN¥2.86 | CN¥6.92 | x |
| 2016-12-31 | CN¥3.89 | CN¥6.92 | x |
| 2017-12-31 | CN¥3.67 | CN¥6.92 | x |
| 2018-12-31 | CN¥4.80 | CN¥6.92 | x |
| 2019-12-31 | CN¥4.89 | CN¥6.92 | x |
| 2020-12-31 | CN¥4.95 | CN¥6.92 | x |
| 2021-12-31 | CN¥4.72 | CN¥6.92 | x |
| 2022-12-31 | CN¥4.76 | CN¥6.92 | x |
| 2023-12-31 | CN¥4.81 | CN¥6.92 | x |
| 2024-12-31 | CN¥4.81 | CN¥6.92 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hunan Friendship&Apollo Commercial 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): 0.42%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.16%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 2.23x
- Recent ROE (0.42%) is below the historical average (11.30%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 40.18% | 8.69% | 1.33x | 3.49x | CN¥108.72 Million |
| 2007 | 23.68% | 5.60% | 1.37x | 3.09x | CN¥52.96 Million |
| 2008 | 25.10% | 5.41% | 1.44x | 3.22x | CN¥72.25 Million |
| 2009 | 9.94% | 5.49% | 1.04x | 1.75x | CN¥-883.18K |
| 2010 | 13.00% | 6.06% | 1.09x | 1.96x | CN¥49.85 Million |
| 2011 | 15.22% | 6.07% | 0.97x | 2.57x | CN¥99.60 Million |
| 2012 | 16.63% | 6.49% | 1.12x | 2.29x | CN¥149.96 Million |
| 2013 | 15.41% | 6.77% | 0.93x | 2.45x | CN¥144.46 Million |
| 2014 | 11.88% | 5.83% | 0.76x | 2.67x | CN¥55.82 Million |
| 2015 | 9.59% | 4.97% | 0.59x | 3.26x | CN¥-13.11 Million |
| 2016 | 6.08% | 4.78% | 0.53x | 2.40x | CN¥-193.25 Million |
| 2017 | 10.95% | 7.76% | 0.56x | 2.51x | CN¥48.89 Million |
| 2018 | 6.75% | 6.26% | 0.47x | 2.28x | CN¥-217.97 Million |
| 2019 | 4.65% | 5.05% | 0.39x | 2.35x | CN¥-364.89 Million |
| 2020 | 2.01% | 5.97% | 0.14x | 2.37x | CN¥-551.48 Million |
| 2021 | 1.98% | 5.06% | 0.17x | 2.36x | CN¥-527.95 Million |
| 2022 | 0.50% | 1.82% | 0.12x | 2.23x | CN¥-630.91 Million |
| 2023 | 0.73% | 3.62% | 0.09x | 2.23x | CN¥-619.38 Million |
| 2024 | 0.42% | 2.16% | 0.09x | 2.23x | CN¥-645.59 Million |
Industry Comparison
This section compares Hunan Friendship&Apollo Commercial Co Ltd's net assets metrics with peer companies in the Department Stores industry.
Industry Context
- Industry: Department Stores
- Average net assets among peers: $4,209,797,796
- Average return on equity (ROE) among peers: 10.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hunan Friendship&Apollo Commercial Co Ltd (002277) | CN¥6.89 Billion | 40.18% | 1.14x | $893.82 Million |
| 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 |
| Better Life Commercial Chain Share Co Ltd (002251) | $175.99 Million | 42.02% | 3.35x | $1.30 Billion |
| New Huadu Supercenter Co Ltd (002264) | $1.61 Billion | -4.25% | 1.18x | $394.48 Million |