Renrenle Commercial Group Co Ltd (002336) - Net Assets
Based on the latest financial reports, Renrenle Commercial Group Co Ltd (002336) has net assets worth CN¥-483.54 Million CNY (≈ $-70.76 Million USD) 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 ≈ $230.10 Million USD) and total liabilities (CN¥2.06 Billion ≈ $300.86 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 Renrenle Commercial Group Co Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore how large is Renrenle Commercial Group Co Ltd's balance sheet for the complete picture of this company's asset base.
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. For live valuation and market cap data, see Renrenle Commercial Group Co Ltd (002336) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥-403.93 Million ≈ $-59.11 Million |
-12.67% |
| 2023-12-31 | CN¥-358.49 Million ≈ $-52.46 Million |
-423.30% |
| 2022-12-31 | CN¥110.88 Million ≈ $16.23 Million |
-82.06% |
| 2021-12-31 | CN¥618.06 Million ≈ $90.44 Million |
-57.70% |
| 2020-12-31 | CN¥1.46 Billion ≈ $213.81 Million |
+0.72% |
| 2019-12-31 | CN¥1.45 Billion ≈ $212.28 Million |
+2.47% |
| 2018-12-31 | CN¥1.42 Billion ≈ $207.16 Million |
-19.95% |
| 2017-12-31 | CN¥1.77 Billion ≈ $258.80 Million |
-23.33% |
| 2016-12-31 | CN¥2.31 Billion ≈ $337.56 Million |
+2.69% |
| 2015-12-31 | CN¥2.25 Billion ≈ $328.71 Million |
-17.45% |
| 2014-12-31 | CN¥2.72 Billion ≈ $398.18 Million |
-14.47% |
| 2013-12-31 | CN¥3.18 Billion ≈ $465.56 Million |
+0.23% |
| 2012-12-31 | CN¥3.17 Billion ≈ $464.50 Million |
-10.86% |
| 2011-12-31 | CN¥3.56 Billion ≈ $521.06 Million |
-0.85% |
| 2010-12-31 | CN¥3.59 Billion ≈ $525.54 Million |
+266.38% |
| 2009-12-31 | CN¥980.25 Million ≈ $143.44 Million |
+30.59% |
| 2008-12-31 | CN¥750.64 Million ≈ $109.84 Million |
+12.36% |
| 2007-12-31 | CN¥668.07 Million ≈ $97.76 Million |
+37.49% |
| 2006-12-31 | CN¥485.91 Million ≈ $71.10 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 |
|---|---|
|
Klaria Pharma Holding AB
ST:KLAR
|
$23.19 Million |
|
Alla Public Company Limited
BK:ALLA
|
$23.19 Million |
|
Femasys Inc
NASDAQ:FEMY
|
$23.19 Million |
|
Hua Yang Bhd
KLSE:5062
|
$23.20 Million |
|
Arctic Gold Publ AB
ST:ARCT
|
$23.16 Million |
|
Guardian Exploration Inc
V:GX
|
$23.16 Million |
|
HiTi Digital Inc
TW:3494
|
$23.15 Million |
|
Matching Maximize Solution Public Company Limited
BK:MATCH
|
$23.14 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: $2,163,774,576
- Average return on equity (ROE) among peers: 13.08%
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 | $23.18 Million |
| Sanjiang Shopping Club Co Ltd (601116) | $1.64 Billion | 6.64% | 0.69x | $1.09 Billion |
| Shanghai Laiyifen Co Ltd (603777) | $1.81 Billion | 5.63% | 1.04x | $804.03 Million |
| Shenyang Toly Bread Co Ltd (603866) | $4.83 Billion | 18.27% | 0.18x | $1.17 Billion |
| Ganso Co Ltd (603886) | $374.33 Million | 21.79% | 1.40x | $448.48 Million |
About 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