Rainbow Department Store Co Ltd
Rainbow Digital Commercial Co., Ltd. operates a chain of department stores, shopping centers, and supermarkets in China. It operates is online and offline retails and services under Rainbow, Jun Shang, and sp@ce brands. The company was formerly known as Rainbow Department Store Co., Ltd. and changed its name to Rainbow Digital Commercial Co., Ltd. in 2020. Rainbow Digital Commercial Co., Ltd. was… Read more
Rainbow Department Store Co Ltd (002419) - Net Assets
Latest net assets as of December 2025: CN¥4.08 Billion CNY
Based on the latest financial reports, Rainbow Department Store Co Ltd (002419) has net assets worth CN¥4.08 Billion CNY as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥25.77 Billion) and total liabilities (CN¥21.69 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¥4.08 Billion |
| % of Total Assets | 15.82% |
| Annual Growth Rate | 14.67% |
| 5-Year Change | -0.96% |
| 10-Year Change | -27.16% |
| Growth Volatility | 59.03 |
Rainbow Department Store Co Ltd - Net Assets Trend (2005–2025)
This chart illustrates how Rainbow Department Store 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 Rainbow Department Store Co Ltd (2005–2025)
The table below shows the annual net assets of Rainbow Department Store Co Ltd from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥4.08 Billion | -0.66% |
| 2024-12-31 | CN¥4.10 Billion | -2.69% |
| 2023-12-31 | CN¥4.22 Billion | +4.16% |
| 2022-12-31 | CN¥4.05 Billion | -1.63% |
| 2021-12-31 | CN¥4.12 Billion | -38.57% |
| 2020-12-31 | CN¥6.70 Billion | -3.64% |
| 2019-12-31 | CN¥6.96 Billion | +5.85% |
| 2018-12-31 | CN¥6.57 Billion | +9.03% |
| 2017-12-31 | CN¥6.03 Billion | +7.66% |
| 2016-12-31 | CN¥5.60 Billion | +1.53% |
| 2015-12-31 | CN¥5.51 Billion | +20.70% |
| 2014-12-31 | CN¥4.57 Billion | +5.77% |
| 2013-12-31 | CN¥4.32 Billion | +8.82% |
| 2012-12-31 | CN¥3.97 Billion | +8.87% |
| 2011-12-31 | CN¥3.65 Billion | +10.13% |
| 2010-12-31 | CN¥3.31 Billion | +266.49% |
| 2009-12-31 | CN¥903.17 Million | +31.42% |
| 2008-12-31 | CN¥687.22 Million | +25.59% |
| 2007-12-31 | CN¥547.21 Million | +62.58% |
| 2006-12-31 | CN¥336.58 Million | +27.44% |
| 2005-12-31 | CN¥264.10 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Rainbow Department Store 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 840.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.23 Billion | 30.12% |
| Other Components | CN¥2.84 Billion | 69.88% |
| Total Equity | CN¥4.07 Billion | 100.00% |
Rainbow Department Store Co Ltd Competitors by Market Cap
The table below lists competitors of Rainbow Department Store Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shenzhen Sunxing Light Alloys
SHG:603978
|
$435.68 Million |
|
Cytek Biosciences Inc
NASDAQ:CTKB
|
$435.69 Million |
|
Bank Tabungan Negara Persero
JK:BBTN
|
$435.78 Million |
|
LAMDA Development S.A.
AT:LAMDA
|
$435.82 Million |
|
Beijing Vastdata Technology Co Ltd
SHG:603138
|
$435.49 Million |
|
Grandtop Yongxing Group Co.,Ltd
SHG:601033
|
$435.46 Million |
|
Atea ASA
PINK:ATEAY
|
$435.40 Million |
|
Jiangsu Wuyang Parking Industry Group Co Ltd
SHE:300420
|
$435.39 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Rainbow Department Store Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,098,327,920 to 4,070,709,884, a change of -27,618,036 (-0.7%).
- Net income of 83,187,111 contributed positively to equity growth.
- Dividend payments of 77,173,029 reduced retained earnings.
- Other comprehensive income decreased equity by 580,305,961.
- Other factors increased equity by 546,673,842.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥83.19 Million | +2.04% |
| Dividends Paid | CN¥77.17 Million | -1.9% |
| Other Comprehensive Income | CN¥-580.31 Million | -14.26% |
| Other Changes | CN¥546.67 Million | +13.43% |
| Total Change | CN¥- | -0.67% |
Book Value vs Market Value Analysis
This analysis compares Rainbow Department Store 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: 1.66x
- 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 5.76x to 1.66x 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¥1.00 | CN¥5.77 | x |
| 2006-12-31 | CN¥0.85 | CN¥5.77 | x |
| 2007-12-31 | CN¥0.73 | CN¥5.77 | x |
| 2008-12-31 | CN¥0.66 | CN¥5.77 | x |
| 2009-12-31 | CN¥0.86 | CN¥5.77 | x |
| 2010-12-31 | CN¥2.95 | CN¥5.77 | x |
| 2011-12-31 | CN¥3.05 | CN¥5.77 | x |
| 2012-12-31 | CN¥3.29 | CN¥5.77 | x |
| 2013-12-31 | CN¥3.60 | CN¥5.77 | x |
| 2014-12-31 | CN¥3.79 | CN¥5.77 | x |
| 2015-12-31 | CN¥4.59 | CN¥5.77 | x |
| 2016-12-31 | CN¥4.66 | CN¥5.77 | x |
| 2017-12-31 | CN¥5.02 | CN¥5.77 | x |
| 2018-12-31 | CN¥5.47 | CN¥5.77 | x |
| 2019-12-31 | CN¥5.79 | CN¥5.77 | x |
| 2020-12-31 | CN¥5.58 | CN¥5.77 | x |
| 2021-12-31 | CN¥3.45 | CN¥5.77 | x |
| 2022-12-31 | CN¥3.46 | CN¥5.77 | x |
| 2023-12-31 | CN¥3.60 | CN¥5.77 | x |
| 2024-12-31 | CN¥3.50 | CN¥5.77 | x |
| 2025-12-31 | CN¥3.48 | CN¥5.77 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Rainbow Department Store 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): 2.04%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.72%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 6.33x
- Recent ROE (2.04%) is below the historical average (20.08%), 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 | 55.94% | 5.21% | 2.42x | 4.44x | CN¥121.10 Million |
| 2006 | 61.20% | 5.70% | 2.42x | 4.45x | CN¥172.18 Million |
| 2007 | 57.15% | 5.65% | 2.20x | 4.60x | CN¥258.03 Million |
| 2008 | 45.63% | 4.57% | 2.25x | 4.43x | CN¥244.88 Million |
| 2009 | 39.41% | 4.42% | 2.05x | 4.35x | CN¥265.64 Million |
| 2010 | 14.65% | 4.77% | 1.42x | 2.16x | CN¥154.00 Million |
| 2011 | 15.75% | 4.40% | 1.48x | 2.42x | CN¥209.52 Million |
| 2012 | 14.81% | 4.09% | 1.52x | 2.39x | CN¥190.92 Million |
| 2013 | 14.25% | 3.84% | 1.53x | 2.43x | CN¥183.56 Million |
| 2014 | 11.78% | 3.17% | 1.48x | 2.52x | CN¥81.50 Million |
| 2015 | 21.93% | 6.95% | 1.25x | 2.52x | CN¥657.27 Million |
| 2016 | 9.37% | 3.03% | 1.17x | 2.64x | CN¥-35.20 Million |
| 2017 | 11.92% | 3.87% | 1.20x | 2.56x | CN¥115.89 Million |
| 2018 | 13.77% | 4.73% | 1.18x | 2.47x | CN¥247.63 Million |
| 2019 | 12.36% | 4.43% | 1.17x | 2.39x | CN¥164.35 Million |
| 2020 | 3.79% | 2.15% | 0.66x | 2.66x | CN¥-415.95 Million |
| 2021 | 5.65% | 1.89% | 0.38x | 7.81x | CN¥-178.82 Million |
| 2022 | 2.97% | 0.99% | 0.40x | 7.53x | CN¥-284.20 Million |
| 2023 | 5.39% | 1.88% | 0.42x | 6.77x | CN¥-194.17 Million |
| 2024 | 1.87% | 0.65% | 0.42x | 6.91x | CN¥-333.12 Million |
| 2025 | 2.04% | 0.72% | 0.45x | 6.33x | CN¥-323.88 Million |
Industry Comparison
This section compares Rainbow Department Store 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 |
|---|---|---|---|---|
| Rainbow Department Store Co Ltd (002419) | CN¥4.08 Billion | 55.94% | 5.32x | $435.54 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 |