Rendong Holdings Co Ltd

SHE:002647 China Financial Conglomerates
Market Cap
$1.43 Billion
CN¥10.50 Billion CNY
Market Cap Rank
#6204 Global
#917 in China
Share Price
CN¥9.29
Change (1 day)
-4.13%
52-Week Range
CN¥4.92 - CN¥10.55
All Time High
CN¥64.25
Categories
Companies in China Financial Conglomerates Banking & Financial
About

Rendong Holdings Co., Ltd. provides financial services in China. It offers third-party payment, financial leasing, factoring, supply chain management, and other financial technology-related services. The company was formerly known as Meson Fintech Co., Ltd. and changed its name to Rendong Holdings Co., Ltd. in August 2018. Rendong Holdings Co., Ltd. was founded in 1998 and is headquartered in Bei… Read more

Rendong Holdings Co Ltd (002647) - Net Assets

Latest net assets as of September 2025: CN¥700.94 Million CNY

Based on the latest financial reports, Rendong Holdings Co Ltd (002647) has net assets worth CN¥700.94 Million 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¥5.16 Billion) and total liabilities (CN¥4.46 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¥700.94 Million
% of Total Assets 13.58%
Annual Growth Rate N/A
5-Year Change -246.62%
10-Year Change -157.62%
Growth Volatility 165.23

Rendong Holdings Co Ltd - Net Assets Trend (2008–2024)

This chart illustrates how Rendong Holdings 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 Rendong Holdings Co Ltd (2008–2024)

The table below shows the annual net assets of Rendong Holdings Co Ltd from 2008 to 2024.

Year Net Assets Change
2024-12-31 CN¥-649.07 Million -663.85%
2023-12-31 CN¥115.11 Million -51.99%
2022-12-31 CN¥239.77 Million -39.54%
2021-12-31 CN¥396.56 Million -10.42%
2020-12-31 CN¥442.70 Million -54.34%
2019-12-31 CN¥969.62 Million -3.35%
2018-12-31 CN¥1.00 Billion +27.86%
2017-12-31 CN¥784.59 Million -31.72%
2016-12-31 CN¥1.15 Billion +2.01%
2015-12-31 CN¥1.13 Billion +0.55%
2014-12-31 CN¥1.12 Billion -6.21%
2013-12-31 CN¥1.19 Billion +8.62%
2012-12-31 CN¥1.10 Billion +1.45%
2011-12-31 CN¥1.08 Billion +120.48%
2010-12-31 CN¥491.62 Million +18.34%
2009-12-31 CN¥415.41 Million +11.28%
2008-12-31 CN¥373.32 Million --

Equity Component Analysis

This analysis shows how different components contribute to Rendong Holdings 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 4396.4% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥559.94 Million %
Other Comprehensive Income CN¥229.98 Million %
Other Components CN¥40.76 Million %
Total Equity CN¥-704.84 Million 100.00%

Rendong Holdings Co Ltd Competitors by Market Cap

The table below lists competitors of Rendong Holdings Co Ltd ranked by their market capitalization.

Company Market Cap
Phu Nhuan Jewelry JSC
VN:PNJ
 		$1.34 Billion
Stoke Therapeutics Inc
NASDAQ:STOK
 		$1.34 Billion
Zhongli Science and Technology Group Co Ltd
SHE:002309
 		$1.34 Billion
Sparebanken Vest
OL:SVEG
 		$1.35 Billion
Guobo Electronics Co. Ltd. A
SHG:688375
 		$1.34 Billion
AEORF
PINK:AEORF
 		$1.34 Billion
Unitech Printed Circuit Board Corp
TW:2367
 		$1.34 Billion
Ingenia Communities Group
PINK:INGEF
 		$1.34 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Rendong Holdings Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 60,476,978 to -704,843,133, a change of -765,320,111 (-1265.5%).
  • Net loss of 832,988,321 reduced equity.
  • Other comprehensive income increased equity by 229,976,164.
  • Other factors decreased equity by 162,307,954.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-832.99 Million -118.18%
Other Comprehensive Income CN¥229.98 Million +32.63%
Other Changes CN¥-162.31 Million -23.03%
Total Change CN¥- -1265.47%

Book Value vs Market Value Analysis

This analysis compares Rendong Holdings 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
2008-12-31 CN¥0.61 CN¥9.29 x
2009-12-31 CN¥0.70 CN¥9.29 x
2010-12-31 CN¥0.90 CN¥9.29 x
2011-12-31 CN¥2.29 CN¥9.29 x
2012-12-31 CN¥1.79 CN¥9.29 x
2013-12-31 CN¥2.42 CN¥9.29 x
2014-12-31 CN¥1.79 CN¥9.29 x
2015-12-31 CN¥1.81 CN¥9.29 x
2016-12-31 CN¥2.03 CN¥9.29 x
2017-12-31 CN¥1.37 CN¥9.29 x
2018-12-31 CN¥1.65 CN¥9.29 x
2019-12-31 CN¥1.67 CN¥9.29 x
2020-12-31 CN¥0.72 CN¥9.29 x
2021-12-31 CN¥0.62 CN¥9.29 x
2022-12-31 CN¥0.33 CN¥9.29 x
2023-12-31 CN¥0.11 CN¥9.29 x
2024-12-31 CN¥-1.26 CN¥9.29 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Rendong Holdings 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: -71.87%
  • • Asset Turnover: 0.25x
  • • Equity Multiplier: 0.00x
  • Recent ROE (0.00%) is above the historical average (-30.02%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2008 8.22% 0.70% 1.72x 6.80x CN¥-4.54 Million
2009 13.60% 1.52% 1.47x 6.06x CN¥10.60 Million
2010 21.17% 2.05% 2.39x 4.33x CN¥41.84 Million
2011 8.81% 2.12% 1.81x 2.30x CN¥-11.42 Million
2012 3.21% 0.84% 1.35x 2.82x CN¥-67.00 Million
2013 7.13% 2.02% 1.40x 2.52x CN¥-30.20 Million
2014 -4.82% -1.03% 1.74x 2.70x CN¥-146.74 Million
2015 0.87% 0.19% 2.10x 2.12x CN¥-91.19 Million
2016 9.86% 4.18% 1.17x 2.01x CN¥-1.53 Million
2017 -27.79% -22.63% 0.33x 3.67x CN¥-293.37 Million
2018 5.47% 3.57% 0.30x 5.18x CN¥-43.89 Million
2019 -2.73% -1.42% 0.50x 3.86x CN¥-118.67 Million
2020 -107.14% -20.41% 0.57x 9.19x CN¥-470.86 Million
2021 -15.00% -3.03% 0.46x 10.75x CN¥-87.32 Million
2022 -75.09% -8.48% 0.34x 25.75x CN¥-159.26 Million
2023 -356.07% -11.96% 0.41x 73.22x CN¥-221.39 Million
2024 0.00% -71.87% 0.25x 0.00x CN¥-762.50 Million

Industry Comparison

This section compares Rendong Holdings Co Ltd's net assets metrics with peer companies in the Financial Conglomerates industry.

Industry Context

  • Industry: Financial Conglomerates
  • Average net assets among peers: $15,173,818,937
  • Average return on equity (ROE) among peers: 9.06%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Rendong Holdings Co Ltd (002647) CN¥700.94 Million 8.22% 6.36x $1.34 Billion
CNPC Capital Co Ltd (000617) $835.83 Million 6.31% 1.65x $3.22 Billion
Guangzhou Friendship Group Co Ltd (000987) $18.34 Billion 3.45% 3.18x $1.40 Billion
Guosheng Financial Holding Inc (002670) $11.13 Billion 1.50% 3.10x $1.14 Billion
First Capital Securities Co Ltd Class A (002797) $6.57 Billion 15.53% 4.06x $3.31 Billion
Minmetals Capital Co Ltd (600390) $57.11 Billion 5.96% 1.57x $1.49 Billion
Shanghai Chinafortune Co Ltd (600621) $871.69 Million -14.47% 0.62x $969.43 Million
China Galaxy Securities Co Ltd Class A (601881) $11.35 Billion 45.14% 7.32x $10.64 Billion