Shenyang Cuihua Gold and Silver Jewelry Co Ltd (002731) - Net Assets
Based on the latest financial reports, Shenyang Cuihua Gold and Silver Jewelry Co Ltd (002731) has net assets worth CN¥1.96 Billion CNY (≈ $286.15 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¥6.26 Billion ≈ $916.42 Million USD) and total liabilities (CN¥4.31 Billion ≈ $630.27 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 Shenyang Cuihua Gold and Silver Jewelry liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.96 Billion |
| % of Total Assets | 31.22% |
| Annual Growth Rate | 13.86% |
| 5-Year Change | 44.54% |
| 10-Year Change | 65.05% |
| Growth Volatility | 25.02 |
Shenyang Cuihua Gold and Silver Jewelry Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Shenyang Cuihua Gold and Silver Jewelry Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore how large is Shenyang Cuihua Gold and Silver Jewelry 's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Shenyang Cuihua Gold and Silver Jewelry Co Ltd (2011–2024)
The table below shows the annual net assets of Shenyang Cuihua Gold and Silver Jewelry Co Ltd from 2011 to 2024. For live valuation and market cap data, see how much is Shenyang Cuihua Gold and Silver Jewelry worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.78 Billion ≈ $260.95 Million |
+9.92% |
| 2023-12-31 | CN¥1.62 Billion ≈ $237.40 Million |
+24.03% |
| 2022-12-31 | CN¥1.31 Billion ≈ $191.41 Million |
+3.51% |
| 2021-12-31 | CN¥1.26 Billion ≈ $184.92 Million |
+2.43% |
| 2020-12-31 | CN¥1.23 Billion ≈ $180.53 Million |
+2.43% |
| 2019-12-31 | CN¥1.20 Billion ≈ $176.25 Million |
+2.04% |
| 2018-12-31 | CN¥1.18 Billion ≈ $172.73 Million |
+1.76% |
| 2017-12-31 | CN¥1.16 Billion ≈ $169.74 Million |
+3.84% |
| 2016-12-31 | CN¥1.12 Billion ≈ $163.47 Million |
+3.39% |
| 2015-12-31 | CN¥1.08 Billion ≈ $158.10 Million |
+4.68% |
| 2014-12-31 | CN¥1.03 Billion ≈ $151.03 Million |
+96.43% |
| 2013-12-31 | CN¥525.45 Million ≈ $76.89 Million |
+27.11% |
| 2012-12-31 | CN¥413.38 Million ≈ $60.49 Million |
+25.40% |
| 2011-12-31 | CN¥329.65 Million ≈ $48.24 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shenyang Cuihua Gold and Silver Jewelry 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 526.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.07 Billion | 62.51% |
| Common Stock | CN¥256.16 Million | 14.97% |
| Other Comprehensive Income | CN¥89.06 Million | 5.20% |
| Other Components | CN¥296.48 Million | 17.32% |
| Total Equity | CN¥1.71 Billion | 100.00% |
Shenyang Cuihua Gold and Silver Jewelry Co Ltd Competitors by Market Cap
The table below lists competitors of Shenyang Cuihua Gold and Silver Jewelry Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Immunic Inc
NASDAQ:IMUX
|
$163.08 Million |
|
Precision Camshafts Limited
NSE:PRECAM
|
$163.09 Million |
|
Adairs Ltd
AU:ADH
|
$163.12 Million |
|
Samart Corporation Public Company Limited
BK:SAMART
|
$163.13 Million |
|
Eightco Holdings Inc.
NASDAQ:ORBS
|
$163.01 Million |
|
Vivozon Healthcare Inc
KQ:082800
|
$162.99 Million |
|
Empresas Iansa S.A
SN:IANSA
|
$162.84 Million |
|
Enea AB
ST:ENEA
|
$162.84 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenyang Cuihua Gold and Silver Jewelry Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,516,098,000 to 1,711,593,000, a change of 195,495,000 (12.9%).
- Net income of 216,692,000 contributed positively to equity growth.
- Dividend payments of 109,104,000 reduced retained earnings.
- Other comprehensive income increased equity by 16,665,164.
- Other factors increased equity by 71,241,836.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥216.69 Million | +12.66% |
| Dividends Paid | CN¥109.10 Million | -6.37% |
| Other Comprehensive Income | CN¥16.67 Million | +0.97% |
| Other Changes | CN¥71.24 Million | +4.16% |
| Total Change | CN¥- | 12.89% |
Book Value vs Market Value Analysis
This analysis compares Shenyang Cuihua Gold and Silver Jewelry 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: 0.65x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 2.54x to 0.65x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥1.71 | CN¥4.35 | x |
| 2012-12-31 | CN¥2.14 | CN¥4.35 | x |
| 2013-12-31 | CN¥2.72 | CN¥4.35 | x |
| 2014-12-31 | CN¥5.05 | CN¥4.35 | x |
| 2015-12-31 | CN¥4.21 | CN¥4.35 | x |
| 2016-12-31 | CN¥4.44 | CN¥4.35 | x |
| 2017-12-31 | CN¥4.65 | CN¥4.35 | x |
| 2018-12-31 | CN¥4.86 | CN¥4.35 | x |
| 2019-12-31 | CN¥4.93 | CN¥4.35 | x |
| 2020-12-31 | CN¥4.81 | CN¥4.35 | x |
| 2021-12-31 | CN¥5.04 | CN¥4.35 | x |
| 2022-12-31 | CN¥5.21 | CN¥4.35 | x |
| 2023-12-31 | CN¥5.88 | CN¥4.35 | x |
| 2024-12-31 | CN¥6.68 | CN¥4.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenyang Cuihua Gold and Silver Jewelry 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): 12.66%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.88%
- • Asset Turnover: 0.76x
- • Equity Multiplier: 3.41x
- Recent ROE (12.66%) is above the historical average (9.24%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 23.38% | 3.17% | 3.03x | 2.44x | CN¥44.03 Million |
| 2012 | 21.12% | 3.09% | 2.68x | 2.55x | CN¥45.88 Million |
| 2013 | 21.17% | 3.01% | 2.96x | 2.37x | CN¥58.48 Million |
| 2014 | 9.55% | 2.97% | 1.69x | 1.90x | CN¥-4.64 Million |
| 2015 | 5.59% | 2.01% | 1.31x | 2.12x | CN¥-47.72 Million |
| 2016 | 5.16% | 2.62% | 0.87x | 2.26x | CN¥-54.54 Million |
| 2017 | 5.31% | 2.28% | 1.05x | 2.23x | CN¥-55.25 Million |
| 2018 | 2.47% | 1.10% | 0.88x | 2.54x | CN¥-90.41 Million |
| 2019 | 3.04% | 1.65% | 0.67x | 2.77x | CN¥-85.58 Million |
| 2020 | 2.29% | 1.37% | 0.59x | 2.83x | CN¥-97.16 Million |
| 2021 | 2.64% | 0.93% | 1.14x | 2.50x | CN¥-94.94 Million |
| 2022 | 3.53% | 1.12% | 1.35x | 2.34x | CN¥-86.47 Million |
| 2023 | 11.39% | 3.78% | 0.87x | 3.45x | CN¥21.11 Million |
| 2024 | 12.66% | 4.88% | 0.76x | 3.41x | CN¥45.53 Million |
Industry Comparison
This section compares Shenyang Cuihua Gold and Silver Jewelry Co Ltd's net assets metrics with peer companies in the Luxury Goods industry.
Industry Context
- Industry: Luxury Goods
- Average net assets among peers: $1,600,694,703
- Average return on equity (ROE) among peers: 12.60%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenyang Cuihua Gold and Silver Jewelry Co Ltd (002731) | CN¥1.96 Billion | 23.38% | 2.20x | $163.05 Million |
| Shenzhen Tellus Holding Co Ltd (000025) | $201.38 Million | 1.07% | 1.83x | $954.10 Million |
| Fiyta Holdings Ltd (000026) | $570.21 Million | 5.13% | 0.35x | $968.83 Million |
| Innovative Medical Management Co Ltd (002173) | $1.87 Billion | -1.83% | 0.22x | $1.50 Billion |
| Guangdong CHJ Industry Co Ltd (002345) | $350.15 Million | 24.14% | 0.47x | $1.37 Billion |
| Zhejiang Ming Jewelry Co Ltd (002574) | $686.54 Million | 31.58% | 2.07x | $441.17 Million |
| Beijing Kingee Culture Development Co Ltd (002721) | $420.44 Million | 16.87% | 1.46x | $1.19 Billion |
| Chow Tai Seng Jewellery Co Ltd (002867) | $6.38 Billion | 20.61% | 0.25x | $2.11 Billion |
| Shenzhen Tellus Holding Co Ltd (200025) | $908.54 Million | 2.99% | 0.31x | $21.50 Million |
| Fiyta Holdings Ltd (200026) | $3.01 Billion | 12.87% | 0.36x | $36.57 Million |
About Shenyang Cuihua Gold and Silver Jewelry Co Ltd
Shenyang Cuihua Gold and Silver Jewelry Co., Ltd. engages in the production, processing, wholesale, retail of gold and silver jewelry products in China. The company also offers handicrafts, electrical products, stone steel jade pieces, clocks, stainless steel products, textiles, silk products, and luggage and leather products; purchases and exchanges old jewelry; imports and exports various commo… Read more