Rendong Holdings Co Ltd (002647) - Net Assets
Based on the latest financial reports, Rendong Holdings Co Ltd (002647) has net assets worth CN¥669.16 Million CNY (≈ $97.92 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥4.47 Billion ≈ $653.67 Million USD) and total liabilities (CN¥3.80 Billion ≈ $555.75 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 Rendong Holdings Co Ltd (002647) strategic investment index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥669.16 Million |
| % of Total Assets | 14.98% |
| Annual Growth Rate | 2.9% |
| 5-Year Change | 52.94% |
| 10-Year Change | -47.22% |
| Growth Volatility | 165.23 |
Rendong Holdings Co Ltd - Net Assets Trend (2008–2025)
This chart illustrates how Rendong Holdings Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Rendong Holdings Co Ltd stock valuation.
Annual Net Assets for Rendong Holdings Co Ltd (2008–2025)
The table below shows the annual net assets of Rendong Holdings Co Ltd from 2008 to 2025. Also explore Rendong Holdings Co Ltd net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥606.48 Million ≈ $88.75 Million |
+193.44% |
| 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 3801.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥1.13 Billion | 201.21% |
| Other Comprehensive Income | CN¥-259.94 Million | -46.27% |
| Other Components | CN¥1.01 Billion | 180.56% |
| Total Equity | CN¥561.74 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 |
|---|---|
|
Devyani International Limited
NSE:DEVYANI
|
$1.82 Billion |
|
Stoke Therapeutics Inc
NASDAQ:STOK
|
$1.82 Billion |
|
Ola Electric Mobility Ltd
NSE:OLAELEC
|
$1.82 Billion |
|
Stanmore Resources Ltd
AU:SMR
|
$1.82 Billion |
|
City Union Bank Limited
NSE:CUB
|
$1.81 Billion |
|
Dalian Zeus Entertainment
SHE:002354
|
$1.81 Billion |
|
Region Group
AU:RGN
|
$1.81 Billion |
|
Megaport Ltd
AU:MP1
|
$1.81 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 2024 to 2025, total equity changed from -704,843,133 to 561,740,584, a change of 1,266,583,717.
- Net income of 359,567,236 contributed positively to equity growth.
- Dividend payments of 52,904,332 reduced retained earnings.
- Other comprehensive income decreased equity by 489,916,554.
- Other factors increased equity by 1,449,837,367.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥359.57 Million | +64.01% |
| Dividends Paid | CN¥52.90 Million | -9.42% |
| Other Comprehensive Income | CN¥-489.92 Million | -87.21% |
| Other Changes | CN¥1.45 Billion | +258.1% |
| Total Change | CN¥- | % |
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
- Current price-to-book ratio: 22.09x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 18.13x to 22.09x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | CN¥0.61 | CN¥10.98 | x |
| 2009-12-31 | CN¥0.70 | CN¥10.98 | x |
| 2010-12-31 | CN¥0.90 | CN¥10.98 | x |
| 2011-12-31 | CN¥2.29 | CN¥10.98 | x |
| 2012-12-31 | CN¥1.79 | CN¥10.98 | x |
| 2013-12-31 | CN¥2.42 | CN¥10.98 | x |
| 2014-12-31 | CN¥1.79 | CN¥10.98 | x |
| 2015-12-31 | CN¥1.81 | CN¥10.98 | x |
| 2016-12-31 | CN¥2.03 | CN¥10.98 | x |
| 2017-12-31 | CN¥1.37 | CN¥10.98 | x |
| 2018-12-31 | CN¥1.65 | CN¥10.98 | x |
| 2019-12-31 | CN¥1.67 | CN¥10.98 | x |
| 2020-12-31 | CN¥0.72 | CN¥10.98 | x |
| 2021-12-31 | CN¥0.62 | CN¥10.98 | x |
| 2022-12-31 | CN¥0.33 | CN¥10.98 | x |
| 2023-12-31 | CN¥0.11 | CN¥10.98 | x |
| 2024-12-31 | CN¥-1.26 | CN¥10.98 | x |
| 2025-12-31 | CN¥0.50 | CN¥10.98 | 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): 64.01%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 43.70%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 9.80x
- Recent ROE (64.01%) is above the historical average (-24.79%), 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 |
| 2025 | 64.01% | 43.70% | 0.15x | 9.80x | CN¥303.39 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: $5,563,554,228
- Average return on equity (ROE) among peers: 13.12%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Rendong Holdings Co Ltd (002647) | CN¥669.16 Million | 8.22% | 5.68x | $1.82 Billion |
| CNPC Capital Co Ltd (000617) | $74.25 Million | 19.63% | 2.22x | $12.41 Billion |
| Guangzhou Friendship Group Co Ltd (000987) | $1.96 Billion | 19.44% | 0.81x | $5.36 Billion |
| Guosheng Financial Holding Inc (002670) | $11.37 Billion | 0.68% | 1.76x | $3.20 Billion |
| Guosen Securities Co Ltd (002736) | $3.54 Billion | 44.62% | 3.05x | $14.81 Billion |
| First Capital Securities Co Ltd Class A (002797) | $9.12 Billion | 6.16% | 2.48x | $3.84 Billion |
| Minmetals Capital Co Ltd (600390) | $765.59 Million | -0.77% | 0.52x | $3.17 Billion |
| Shanghai Chinafortune Co Ltd (600621) | $110.02 Million | 7.11% | 1.01x | $1.98 Billion |
| China Galaxy Securities Co Ltd Class A (601881) | $17.56 Billion | 8.09% | 2.66x | $12.83 Billion |
About Rendong Holdings Co Ltd
Rendong Holdings Co., Ltd. provides financial services in China. The company offers transformed into fintech-related businesses such as third-party payment, financial leasing, factoring, and supply chain management, and other financial technology-related services. It focuses on industries such as smart retail, fintech, cross-border e-commerce, e-commerce, travel, and education/examination. The co… Read more