Rendong Holdings Co Ltd (002647) - Net Assets

Latest as of September 2025: CN¥700.94 Million CNY ≈ $102.57 Million USD

Based on the latest financial reports, Rendong Holdings Co Ltd (002647) has net assets worth CN¥700.94 Million CNY (≈ $102.57 Million USD) 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 ≈ $755.11 Million USD) and total liabilities (CN¥4.46 Billion ≈ $652.54 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 how resilient are Rendong Holdings Co Ltd's assets to evaluate the company's liquid asset resilience ratio.

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. Also explore balance sheet size of Rendong Holdings Co Ltd for the complete picture of this company's asset base.

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. For live valuation and market cap data, see 002647 stock market capitalisation.

Year	Net Assets	Change
2024-12-31	CN¥-649.07 Million ≈ $-94.98 Million	-663.85%
2023-12-31	CN¥115.11 Million ≈ $16.84 Million	-51.99%
2022-12-31	CN¥239.77 Million ≈ $35.09 Million	-39.54%
2021-12-31	CN¥396.56 Million ≈ $58.03 Million	-10.42%
2020-12-31	CN¥442.70 Million ≈ $64.78 Million	-54.34%
2019-12-31	CN¥969.62 Million ≈ $141.89 Million	-3.35%
2018-12-31	CN¥1.00 Billion ≈ $146.80 Million	+27.86%
2017-12-31	CN¥784.59 Million ≈ $114.81 Million	-31.72%
2016-12-31	CN¥1.15 Billion ≈ $168.16 Million	+2.01%
2015-12-31	CN¥1.13 Billion ≈ $164.84 Million	+0.55%
2014-12-31	CN¥1.12 Billion ≈ $163.93 Million	-6.21%
2013-12-31	CN¥1.19 Billion ≈ $174.78 Million	+8.62%
2012-12-31	CN¥1.10 Billion ≈ $160.92 Million	+1.45%
2011-12-31	CN¥1.08 Billion ≈ $158.61 Million	+120.48%
2010-12-31	CN¥491.62 Million ≈ $71.94 Million	+18.34%
2009-12-31	CN¥415.41 Million ≈ $60.79 Million	+11.28%
2008-12-31	CN¥373.32 Million ≈ $54.63 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
NORINCO International Cooperation Ltd SHE:000065	$2.28 Billion
Now Inc NYSE:DNOW	$2.28 Billion
Northern Oil & Gas Inc NYSE:NOG	$2.28 Billion
Triumph Science & Technology Co Ltd SHG:600552	$2.28 Billion
Verra Mobility Corp NASDAQ:VRRM	$2.28 Billion
Micro Tech Nanjing Co Ltd SHG:688029	$2.28 Billion
Hefei Chipmore Technology Co. Ltd. A SHG:688352	$2.28 Billion
CJ Cheiljedang KO:097950	$2.28 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¥13.80	x
2009-12-31	CN¥0.70	CN¥13.80	x
2010-12-31	CN¥0.90	CN¥13.80	x
2011-12-31	CN¥2.29	CN¥13.80	x
2012-12-31	CN¥1.79	CN¥13.80	x
2013-12-31	CN¥2.42	CN¥13.80	x
2014-12-31	CN¥1.79	CN¥13.80	x
2015-12-31	CN¥1.81	CN¥13.80	x
2016-12-31	CN¥2.03	CN¥13.80	x
2017-12-31	CN¥1.37	CN¥13.80	x
2018-12-31	CN¥1.65	CN¥13.80	x
2019-12-31	CN¥1.67	CN¥13.80	x
2020-12-31	CN¥0.72	CN¥13.80	x
2021-12-31	CN¥0.62	CN¥13.80	x
2022-12-31	CN¥0.33	CN¥13.80	x
2023-12-31	CN¥0.11	CN¥13.80	x
2024-12-31	CN¥-1.26	CN¥13.80	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: $7,412,407,666
Average return on equity (ROE) among peers: 13.60%

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	$2.28 Billion
CNPC Capital Co Ltd (000617)	$203.26 Million	12.70%	0.78x	$17.30 Billion
Guangzhou Friendship Group Co Ltd (000987)	$751.62 Million	12.70%	0.59x	$6.52 Billion
Guosheng Financial Holding Inc (002670)	$11.30 Billion	-3.24%	1.79x	$3.65 Billion
Guosen Securities Co Ltd (002736)	$32.78 Billion	15.03%	3.92x	$16.11 Billion
First Capital Securities Co Ltd Class A (002797)	$917.31 Million	14.01%	1.58x	$4.81 Billion
Minmetals Capital Co Ltd (600390)	$753.06 Million	3.36%	0.15x	$3.48 Billion
Shanghai Chinafortune Co Ltd (600621)	$1.24 Billion	9.09%	0.84x	$2.22 Billion
China Galaxy Securities Co Ltd Class A (601881)	$11.35 Billion	45.14%	7.32x	$13.61 Billion

About Rendong Holdings Co Ltd

SHE:002647 China Financial Conglomerates

Market Cap

$2.28 Billion

CN¥15.60 Billion CNY

Market Cap Rank

#5863 Global

#1266 in China

Share Price

CN¥13.80

Change (1 day)

+0.36%

52-Week Range

CN¥4.92 - CN¥13.80

All Time High

CN¥64.25