Renrenle Commercial Group Co Ltd
Renrenle Commercial Group Co.,Ltd. operates hypermarkets, boutique supermarkets, renrenle department stores, and online shopping supermarkets in China. The companu operates various stores in Guangdong, Shaanxi, Sichuan, Tianjin, Chongqing, Guangxi, Fujian, Hunan, Jiangxi, and other provinces. The company was founded in 1996 and is based in Shenzhen, China
Renrenle Commercial Group Co Ltd (002336) - Net Assets
Latest net assets as of March 2025: CN¥-483.54 Million CNY
Based on the latest financial reports, Renrenle Commercial Group Co Ltd (002336) has net assets worth CN¥-483.54 Million CNY as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.57 Billion) and total liabilities (CN¥2.06 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¥-483.54 Million |
| % of Total Assets | -30.75% |
| Annual Growth Rate | N/A |
| 5-Year Change | -127.65% |
| 10-Year Change | -117.98% |
| Growth Volatility | 123.45 |
Renrenle Commercial Group Co Ltd - Net Assets Trend (2006–2024)
This chart illustrates how Renrenle Commercial Group 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 Renrenle Commercial Group Co Ltd (2006–2024)
The table below shows the annual net assets of Renrenle Commercial Group Co Ltd from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥-403.93 Million | -12.67% |
| 2023-12-31 | CN¥-358.49 Million | -423.30% |
| 2022-12-31 | CN¥110.88 Million | -82.06% |
| 2021-12-31 | CN¥618.06 Million | -57.70% |
| 2020-12-31 | CN¥1.46 Billion | +0.72% |
| 2019-12-31 | CN¥1.45 Billion | +2.47% |
| 2018-12-31 | CN¥1.42 Billion | -19.95% |
| 2017-12-31 | CN¥1.77 Billion | -23.33% |
| 2016-12-31 | CN¥2.31 Billion | +2.69% |
| 2015-12-31 | CN¥2.25 Billion | -17.45% |
| 2014-12-31 | CN¥2.72 Billion | -14.47% |
| 2013-12-31 | CN¥3.18 Billion | +0.23% |
| 2012-12-31 | CN¥3.17 Billion | -10.86% |
| 2011-12-31 | CN¥3.56 Billion | -0.85% |
| 2010-12-31 | CN¥3.59 Billion | +266.38% |
| 2009-12-31 | CN¥980.25 Million | +30.59% |
| 2008-12-31 | CN¥750.64 Million | +12.36% |
| 2007-12-31 | CN¥668.07 Million | +37.49% |
| 2006-12-31 | CN¥485.91 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Renrenle Commercial 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 1763.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥3.08 Billion | % |
| Total Equity | CN¥-404.21 Million | 100.00% |
Renrenle Commercial Group Co Ltd Competitors by Market Cap
The table below lists competitors of Renrenle Commercial Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Acumentis Group Ltd
AU:ACU
|
$5.27 Million |
|
Smart Concrete Public Company Limited
BK:SMART
|
$5.27 Million |
|
Biomedico Hadarim Ltd
OTCGREY:ITGMF
|
$5.27 Million |
|
Surge Components Inc
PINK:SPRS
|
$5.27 Million |
|
Victor Group Holdings Ltd
AU:VIG
|
$5.26 Million |
|
Global IBO Group Ltd
NASDAQ:GIBO
|
$5.26 Million |
|
Kali Metals Ltd
AU:KM1
|
$5.26 Million |
|
Numinus Wellness Inc
OTCQB:NUMIF
|
$5.26 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Renrenle Commercial Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -386,918,467 to -404,214,928, a change of -17,296,461.
- Net loss of 17,296,461 reduced equity.
- Dividend payments of 4,977,995 reduced retained earnings.
- Other comprehensive income decreased equity by 206,267,572.
- Other factors increased equity by 211,245,566.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-17.30 Million | -4.28% |
| Dividends Paid | CN¥4.98 Million | -1.23% |
| Other Comprehensive Income | CN¥-206.27 Million | -51.03% |
| Other Changes | CN¥211.25 Million | +52.26% |
| Total Change | CN¥- | % |
Book Value vs Market Value Analysis
This analysis compares Renrenle Commercial 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥4.02 | CN¥0.36 | x |
| 2018-12-31 | CN¥3.21 | CN¥0.36 | x |
| 2019-12-31 | CN¥3.29 | CN¥0.36 | x |
| 2020-12-31 | CN¥3.32 | CN¥0.36 | x |
| 2021-12-31 | CN¥1.40 | CN¥0.36 | x |
| 2022-12-31 | CN¥0.25 | CN¥0.36 | x |
| 2023-12-31 | CN¥-0.88 | CN¥0.36 | x |
| 2024-12-31 | CN¥-0.92 | CN¥0.36 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Renrenle Commercial 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.21%
- • Asset Turnover: 0.75x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-31.46%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 22.88% | 1.69% | 2.73x | 4.96x | CN¥44.95 Million |
| 2007 | 42.19% | 3.55% | 2.67x | 4.46x | CN¥167.31 Million |
| 2008 | 30.81% | 3.01% | 2.75x | 3.73x | CN¥156.20 Million |
| 2009 | 23.42% | 2.62% | 2.65x | 3.38x | CN¥131.58 Million |
| 2010 | 6.60% | 2.36% | 1.56x | 1.79x | CN¥-122.13 Million |
| 2011 | 4.76% | 1.40% | 1.64x | 2.07x | CN¥-186.68 Million |
| 2013 | 0.74% | 0.19% | 1.74x | 2.30x | CN¥-294.49 Million |
| 2015 | -21.13% | -4.23% | 1.81x | 2.76x | CN¥-699.36 Million |
| 2016 | 2.62% | 0.60% | 1.80x | 2.45x | CN¥-170.20 Million |
| 2017 | -30.45% | -6.08% | 1.69x | 2.97x | CN¥-715.25 Million |
| 2018 | -25.11% | -4.37% | 1.74x | 3.30x | CN¥-496.32 Million |
| 2019 | 2.62% | 0.50% | 1.60x | 3.28x | CN¥-106.92 Million |
| 2020 | 2.42% | 0.59% | 1.27x | 3.22x | CN¥-110.71 Million |
| 2021 | -138.76% | -16.82% | 0.87x | 9.47x | CN¥-919.07 Million |
| 2022 | -458.37% | -12.77% | 0.82x | 43.87x | CN¥-518.24 Million |
| 2023 | 0.00% | -17.44% | 0.73x | 0.00x | CN¥-458.88 Million |
| 2024 | 0.00% | -1.21% | 0.75x | 0.00x | CN¥23.13 Million |
Industry Comparison
This section compares Renrenle Commercial Group Co Ltd's net assets metrics with peer companies in the Grocery Stores industry.
Industry Context
- Industry: Grocery Stores
- Average net assets among peers: $1,713,410,963
- Average return on equity (ROE) among peers: 18.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Renrenle Commercial Group Co Ltd (002336) | CN¥-483.54 Million | 22.88% | N/A | $5.26 Million |
| Sanjiang Shopping Club Co Ltd (601116) | $1.64 Billion | 6.64% | 0.69x | $377.13 Million |
| Shanghai Laiyifen Co Ltd (603777) | $1.74 Billion | -4.34% | 0.82x | $215.35 Million |
| Shenyang Toly Bread Co Ltd (603866) | $3.16 Billion | 16.26% | 0.12x | $504.95 Million |
| Ganso Co Ltd (603886) | $325.57 Million | 54.71% | 1.38x | $175.53 Million |