Chongqing New Dazheng Property Grp
New DaZheng Property Group Co., LTD, together with its subsidiaries, engages in the operation and management of public buildings and facilities in smart cities in China. The company offers property services for various urban and smart city public buildings. It also provides cleaning, security, food and beverages, aviation management, business, enterprise management consulting, parking, and proper… Read more
Chongqing New Dazheng Property Grp (002968) - Net Assets
Latest net assets as of September 2025: CN¥1.32 Billion CNY
Based on the latest financial reports, Chongqing New Dazheng Property Grp (002968) has net assets worth CN¥1.32 Billion 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¥2.03 Billion) and total liabilities (CN¥711.39 Million). 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¥1.32 Billion |
| % of Total Assets | 64.95% |
| Annual Growth Rate | 30.38% |
| 5-Year Change | 47.38% |
| 10-Year Change | N/A |
| Growth Volatility | 58.59 |
Chongqing New Dazheng Property Grp - Net Assets Trend (2015–2024)
This chart illustrates how Chongqing New Dazheng Property Grp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Chongqing New Dazheng Property Grp (2015–2024)
The table below shows the annual net assets of Chongqing New Dazheng Property Grp from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.26 Billion | +3.05% |
| 2023-12-31 | CN¥1.22 Billion | +7.91% |
| 2022-12-31 | CN¥1.13 Billion | +14.53% |
| 2021-12-31 | CN¥987.39 Million | +15.72% |
| 2020-12-31 | CN¥853.24 Million | +13.02% |
| 2019-12-31 | CN¥754.94 Million | +180.30% |
| 2018-12-31 | CN¥269.33 Million | +22.40% |
| 2017-12-31 | CN¥220.04 Million | +105.63% |
| 2016-12-31 | CN¥107.01 Million | -7.30% |
| 2015-12-31 | CN¥115.44 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Chongqing New Dazheng Property Grp'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 357.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥501.82 Million | 41.59% |
| Common Stock | CN¥226.28 Million | 18.75% |
| Other Components | CN¥478.62 Million | 39.66% |
| Total Equity | CN¥1.21 Billion | 100.00% |
Chongqing New Dazheng Property Grp Competitors by Market Cap
The table below lists competitors of Chongqing New Dazheng Property Grp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bergbahnen Engelberg Truebsee Titlis Bet AG
SW:TIBN
|
$152.41 Million |
|
PENN Entertainment, Inc.
SA:P2EN34
|
$152.42 Million |
|
GTL Infrastructure Limited
NSE:GTLINFRA
|
$152.44 Million |
|
Esprinet
LSE:0NFS
|
$152.48 Million |
|
Ategrity Specialty Insurance Company Holdings
NYSE:ASIC
|
$152.35 Million |
|
Ligitek Electronics Co Ltd
TWO:8111
|
$152.34 Million |
|
3onedata Co. Ltd. A
SHG:688618
|
$152.32 Million |
|
Net Holding AS
IS:NTHOL
|
$152.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Chongqing New Dazheng Property Grp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,193,720,733 to 1,206,718,501, a change of 12,997,768 (1.1%).
- Net income of 113,774,585 contributed positively to equity growth.
- Dividend payments of 64,870,922 reduced retained earnings.
- Share repurchases of 9,898,365 reduced equity.
- Other factors decreased equity by 26,007,530.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥113.77 Million | +9.43% |
| Dividends Paid | CN¥64.87 Million | -5.38% |
| Share Repurchases | CN¥9.90 Million | -0.82% |
| Other Changes | CN¥-26.01 Million | -2.16% |
| Total Change | CN¥- | 1.09% |
Book Value vs Market Value Analysis
This analysis compares Chongqing New Dazheng Property Grp'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: 2.31x
- 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 16.88x to 2.31x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | CN¥0.74 | CN¥12.49 | x |
| 2016-12-31 | CN¥0.68 | CN¥12.49 | x |
| 2017-12-31 | CN¥1.34 | CN¥12.49 | x |
| 2018-12-31 | CN¥1.58 | CN¥12.49 | x |
| 2019-12-31 | CN¥3.34 | CN¥12.49 | x |
| 2020-12-31 | CN¥3.77 | CN¥12.49 | x |
| 2021-12-31 | CN¥6.08 | CN¥12.49 | x |
| 2022-12-31 | CN¥4.94 | CN¥12.49 | x |
| 2023-12-31 | CN¥5.28 | CN¥12.49 | x |
| 2024-12-31 | CN¥5.41 | CN¥12.49 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Chongqing New Dazheng Property Grp 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): 9.43%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.36%
- • Asset Turnover: 1.62x
- • Equity Multiplier: 1.74x
- Recent ROE (9.43%) is below the historical average (21.84%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 42.48% | 9.45% | 2.16x | 2.08x | CN¥37.90 Million |
| 2016 | 25.17% | 4.36% | 2.40x | 2.40x | CN¥16.35 Million |
| 2017 | 32.06% | 9.21% | 1.99x | 1.75x | CN¥48.62 Million |
| 2018 | 32.85% | 9.94% | 1.78x | 1.86x | CN¥61.27 Million |
| 2019 | 13.86% | 9.91% | 1.06x | 1.32x | CN¥29.11 Million |
| 2020 | 15.43% | 9.95% | 1.07x | 1.45x | CN¥46.18 Million |
| 2021 | 17.05% | 7.95% | 1.44x | 1.49x | CN¥68.66 Million |
| 2022 | 16.64% | 7.15% | 1.56x | 1.50x | CN¥74.16 Million |
| 2023 | 13.41% | 5.12% | 1.52x | 1.72x | CN¥40.76 Million |
| 2024 | 9.43% | 3.36% | 1.62x | 1.74x | CN¥-6.90 Million |
Industry Comparison
This section compares Chongqing New Dazheng Property Grp's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $1,901,704,594
- Average return on equity (ROE) among peers: 8.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chongqing New Dazheng Property Grp (002968) | CN¥1.32 Billion | 42.48% | 0.54x | $152.38 Million |
| 5I5j Holding Group Co Ltd (000560) | $290.89 Million | 3.89% | 2.83x | $719.68 Million |
| DongGuan Winnerway Industrial Zone Ltd (000573) | $1.59 Billion | -3.00% | 0.40x | $285.00 Million |
| Beijing Mainstreets Investment (000609) | $481.69 Million | 6.37% | 0.60x | $299.85 Million |
| Rongfeng Holding Group (000668) | $728.10 Million | 3.50% | 0.98x | $161.59 Million |
| Sanxiang Co Ltd (000863) | $-301.00 Million | 0.00% | 0.00x | $472.85 Million |
| China Merchants Property Operation & Service Co Ltd (001914) | $10.57 Billion | 7.95% | 0.80x | $534.54 Million |
| Shenzhen Worldunion Properties Consultancy Inc (002285) | $174.14 Million | 46.33% | 0.77x | $455.33 Million |
| Shenzhen SEG Co Ltd (200058) | $2.45 Billion | 1.63% | 1.17x | $124.44 Million |
| Shenzhen SDG Service Co. Ltd. (300917) | $1.13 Billion | 10.65% | 0.59x | $248.07 Million |