Chow Tai Seng Jewellery Co Ltd (002867) - Net Assets

Latest as of September 2025: CN¥6.25 Billion CNY ≈ $915.18 Million USD

Based on the latest financial reports, Chow Tai Seng Jewellery Co Ltd (002867) has net assets worth CN¥6.25 Billion CNY (≈ $915.18 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¥8.19 Billion ≈ $1.20 Billion USD) and total liabilities (CN¥1.94 Billion ≈ $283.51 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 002867 asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥6.25 Billion
% of Total Assets	76.35%
Annual Growth Rate	17.84%
5-Year Change	17.83%
10-Year Change	345.4%
Growth Volatility	27.34

Chow Tai Seng Jewellery Co Ltd - Net Assets Trend (2011–2024)

This chart illustrates how Chow Tai Seng Jewellery Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Chow Tai Seng Jewellery Co Ltd total assets for the complete picture of this company's asset base.

Annual Net Assets for Chow Tai Seng Jewellery Co Ltd (2011–2024)

The table below shows the annual net assets of Chow Tai Seng Jewellery Co Ltd from 2011 to 2024. For live valuation and market cap data, see market value of Chow Tai Seng Jewellery Co Ltd.

Year	Net Assets	Change
2024-12-31	CN¥6.35 Billion ≈ $929.37 Million	-0.53%
2023-12-31	CN¥6.38 Billion ≈ $934.28 Million	+5.55%
2022-12-31	CN¥6.05 Billion ≈ $885.14 Million	+4.34%
2021-12-31	CN¥5.80 Billion ≈ $848.32 Million	+7.55%
2020-12-31	CN¥5.39 Billion ≈ $788.75 Million	+13.64%
2019-12-31	CN¥4.74 Billion ≈ $694.11 Million	+19.52%
2018-12-31	CN¥3.97 Billion ≈ $580.72 Million	+17.36%
2017-12-31	CN¥3.38 Billion ≈ $494.84 Million	+109.78%
2016-12-31	CN¥1.61 Billion ≈ $235.89 Million	+13.05%
2015-12-31	CN¥1.43 Billion ≈ $208.66 Million	+11.98%
2014-12-31	CN¥1.27 Billion ≈ $186.33 Million	+10.78%
2013-12-31	CN¥1.15 Billion ≈ $168.20 Million	+11.26%
2012-12-31	CN¥1.03 Billion ≈ $151.18 Million	+37.43%
2011-12-31	CN¥751.71 Million ≈ $110.00 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Chow Tai Seng Jewellery 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 1120.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥3.87 Billion	60.96%
Common Stock	CN¥1.10 Billion	17.24%
Other Components	CN¥1.39 Billion	21.80%
Total Equity	CN¥6.36 Billion	100.00%

Chow Tai Seng Jewellery Co Ltd Competitors by Market Cap

The table below lists competitors of Chow Tai Seng Jewellery Co Ltd ranked by their market capitalization.

Company	Market Cap
Hunan Zhongke Electric SHE:300035	$2.11 Billion
Compania Cervecerias Unidas SA SN:CCU	$2.11 Billion
Ruentex Development Co Ltd TW:9945	$2.11 Billion
TietoEVRY Corp HE:TIETO	$2.11 Billion
Organon & Co NYSE:OGN	$2.11 Billion
Russel Metals Inc. TO:RUS	$2.10 Billion
Elekta AB (publ) ST:EKTA-B	$2.10 Billion
AUB Group Ltd AU:AUB	$2.10 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Chow Tai Seng Jewellery Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 6,381,299,956 to 6,355,976,644, a change of -25,323,312 (-0.4%).
Net income of 1,010,106,030 contributed positively to equity growth.
Dividend payments of 1,062,909,814 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥1.01 Billion	+15.89%
Dividends Paid	CN¥1.06 Billion	-16.72%
Other Changes	CN¥27.48 Million	+0.43%
Total Change	CN¥-	-0.40%

Book Value vs Market Value Analysis

This analysis compares Chow Tai Seng Jewellery 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: 2.27x
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 15.95x to 2.27x 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¥0.83	CN¥13.26	x
2012-12-31	CN¥1.14	CN¥13.26	x
2013-12-31	CN¥1.27	CN¥13.26	x
2014-12-31	CN¥1.41	CN¥13.26	x
2015-12-31	CN¥1.58	CN¥13.26	x
2016-12-31	CN¥1.78	CN¥13.26	x
2017-12-31	CN¥3.33	CN¥13.26	x
2018-12-31	CN¥3.65	CN¥13.26	x
2019-12-31	CN¥4.36	CN¥13.26	x
2020-12-31	CN¥4.94	CN¥13.26	x
2021-12-31	CN¥5.29	CN¥13.26	x
2022-12-31	CN¥5.60	CN¥13.26	x
2023-12-31	CN¥5.87	CN¥13.26	x
2024-12-31	CN¥5.85	CN¥13.26	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Chow Tai Seng Jewellery 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): 15.89%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 7.27%
• Asset Turnover: 1.77x
• Equity Multiplier: 1.23x
Recent ROE (15.89%) is below the historical average (22.14%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2011	31.13%	12.80%	1.34x	1.81x	CN¥158.85 Million
2012	27.24%	13.42%	1.27x	1.59x	CN¥178.08 Million
2013	21.28%	9.13%	1.41x	1.65x	CN¥129.69 Million
2014	25.48%	12.18%	1.23x	1.70x	CN¥197.11 Million
2015	24.76%	12.94%	1.26x	1.52x	CN¥210.48 Million
2016	26.47%	14.70%	1.22x	1.47x	CN¥265.47 Million
2017	17.51%	15.56%	0.87x	1.30x	CN¥253.91 Million
2018	20.45%	16.55%	0.83x	1.49x	CN¥411.98 Million
2019	21.05%	18.23%	0.92x	1.26x	CN¥520.39 Million
2020	18.81%	19.93%	0.76x	1.24x	CN¥474.75 Million
2021	21.16%	13.38%	1.30x	1.21x	CN¥645.90 Million
2022	18.05%	9.81%	1.46x	1.26x	CN¥486.37 Million
2023	20.62%	8.08%	2.03x	1.26x	CN¥677.92 Million
2024	15.89%	7.27%	1.77x	1.23x	CN¥374.51 Million

Industry Comparison

This section compares Chow Tai Seng Jewellery Co Ltd's net assets metrics with peer companies in the Luxury Goods industry.

Industry Context

Industry: Luxury Goods
Average net assets among peers: $1,031,698,489
Average return on equity (ROE) among peers: 10.61%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Chow Tai Seng Jewellery Co Ltd (002867)	CN¥6.25 Billion	31.13%	0.31x	$2.11 Billion
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
Shenyang Cuihua Gold and Silver Jewelry Co Ltd (002731)	$1.26 Billion	2.70%	1.56x	$163.05 Million
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 Chow Tai Seng Jewellery Co Ltd

SHE:002867 China Luxury Goods

Market Cap

$2.11 Billion

CN¥14.39 Billion CNY

Market Cap Rank

#6069 Global

#1312 in China

Share Price

CN¥13.26

Change (1 day)

-0.90%

52-Week Range

CN¥11.36 - CN¥16.34

All Time High

CN¥27.19