Shenzhen Wongtee International Enterprise Co Ltd (200056) - Net Assets

Latest as of June 2025: HK$118.65 Million HKD ≈ $15.15 Million USD

Based on the latest financial reports, Shenzhen Wongtee International Enterprise Co Ltd (200056) has net assets worth HK$118.65 Million HKD (≈ $15.15 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (HK$7.93 Billion ≈ $1.01 Billion USD) and total liabilities (HK$7.81 Billion ≈ $997.16 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 asset resilience ratio of Shenzhen Wongtee International Enterpris to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	HK$118.65 Million
% of Total Assets	1.5%
Annual Growth Rate	-29.9%
5-Year Change	-93.36%
10-Year Change	N/A
Growth Volatility	24.74

Shenzhen Wongtee International Enterprise Co Ltd - Net Assets Trend (2016–2024)

This chart illustrates how Shenzhen Wongtee International Enterprise Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 200056 current and non-current assets for the complete picture of this company's asset base.

Annual Net Assets for Shenzhen Wongtee International Enterprise Co Ltd (2016–2024)

The table below shows the annual net assets of Shenzhen Wongtee International Enterprise Co Ltd from 2016 to 2024. For live valuation and market cap data, see Shenzhen Wongtee International Enterpris market capitalisation.

Year	Net Assets	Change
2024-12-31	HK$321.07 Million ≈ $40.99 Million	-66.90%
2023-12-31	HK$970.10 Million ≈ $123.84 Million	-53.79%
2022-12-31	HK$2.10 Billion ≈ $267.98 Million	-37.97%
2021-12-31	HK$3.38 Billion ≈ $432.05 Million	-29.98%
2020-12-31	HK$4.83 Billion ≈ $617.02 Million	-12.99%
2019-12-31	HK$5.55 Billion ≈ $709.11 Million	-4.33%
2018-12-31	HK$5.81 Billion ≈ $741.24 Million	+0.34%
2017-12-31	HK$5.79 Billion ≈ $738.70 Million	+5.06%
2016-12-31	HK$5.51 Billion ≈ $703.14 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Shenzhen Wongtee International Enterprise 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 204.4% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Other Components	HK$2.63 Billion	734.34%
Total Equity	HK$357.66 Million	100.00%

Shenzhen Wongtee International Enterprise Co Ltd Competitors by Market Cap

The table below lists competitors of Shenzhen Wongtee International Enterprise Co Ltd ranked by their market capitalization.

Company	Market Cap
Artego Tg. Jiu RO:ARTE	$19.56 Million
Equippp Social Impact Technologies Limited NSE:EQUIPPP	$19.58 Million
Aqua Corporation Public Company Limited BK:AQUA	$19.59 Million
Mene Inc V:MENE	$19.59 Million
Karsu Tekstil Sanayi ve Ticaret AS IS:KRTEK	$19.56 Million
Taiwan Thick-Film Ind TWO:6246	$19.56 Million
ZOONO Group Ltd AU:ZNO	$19.54 Million
Mhethanol Co. Ltd. KO:023150	$19.54 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Shenzhen Wongtee International Enterprise Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 994,363,806 to 357,655,765, a change of -636,708,041 (-64.0%).
Net loss of 640,428,437 reduced equity.
Dividend payments of 302,021,424 reduced retained earnings.
Other factors increased equity by 305,741,820.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	HK$-640.43 Million	-179.06%
Dividends Paid	HK$302.02 Million	-84.44%
Other Changes	HK$305.74 Million	+85.48%
Total Change	HK$-	-64.03%

Book Value vs Market Value Analysis

This analysis compares Shenzhen Wongtee International Enterprise 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: 2.13x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has increased from 0.14x to 2.13x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2017-12-31	HK$4.51	HK$0.63	x
2018-12-31	HK$4.56	HK$0.63	x
2019-12-31	HK$4.64	HK$0.63	x
2020-12-31	HK$4.05	HK$0.63	x
2021-12-31	HK$2.93	HK$0.63	x
2022-12-31	HK$1.79	HK$0.63	x
2023-12-31	HK$0.82	HK$0.63	x
2024-12-31	HK$0.30	HK$0.63	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shenzhen Wongtee International Enterprise 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): -179.06%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -97.36%
• Asset Turnover: 0.08x
• Equity Multiplier: 22.46x
Recent ROE (-179.06%) is below the historical average (-42.51%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2016	2.21%	34.83%	0.03x	2.08x	HK$-399.06 Million
2017	3.35%	25.32%	0.05x	2.67x	HK$-352.25 Million
2018	1.69%	9.55%	0.07x	2.47x	HK$-445.42 Million
2019	0.93%	5.33%	0.08x	2.29x	HK$-494.30 Million
2020	-6.15%	-42.61%	0.06x	2.47x	HK$-767.72 Million
2021	-33.62%	-153.41%	0.07x	3.17x	HK$-1.50 Billion
2022	-58.62%	-185.61%	0.07x	4.83x	HK$-1.44 Billion
2023	-113.31%	-96.16%	0.13x	8.83x	HK$-1.23 Billion
2024	-179.06%	-97.36%	0.08x	22.46x	HK$-676.19 Million

Industry Comparison

This section compares Shenzhen Wongtee International Enterprise Co Ltd's net assets metrics with peer companies in the Real Estate - Development industry.

Industry Context

Industry: Real Estate - Development
Average net assets among peers: $1,681,055,904
Average return on equity (ROE) among peers: 10.15%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Shenzhen Wongtee International Enterprise Co Ltd (200056)	HK$118.65 Million	2.21%	65.83x	$19.56 Million
China Vanke Co Ltd Class A (000002)	$2.15 Billion	10.68%	1.09x	$5.56 Billion
Shenzhen Zhenye Group Co Ltd (000006)	$347.86 Million	16.58%	0.44x	$1.92 Billion
Shenzhen Properties & Resources Development Group Ltd (000011)	$566.75 Million	-4.83%	2.33x	$623.95 Million
Shahe Industry Co Ltd (000014)	$1.68 Billion	0.98%	0.31x	$467.53 Million
Grandjoy Holdings Group Co Ltd (000031)	$7.12 Billion	5.93%	3.58x	$1.92 Billion
China Union Holdings Ltd (000036)	$2.30 Billion	3.02%	0.68x	$1.15 Billion
Shenzhen Centralcon Investment Holding Co Ltd (000042)	$167.35 Million	57.44%	2.45x	$936.86 Million
Shenzhen Wongtee International Enterprise Co Ltd (000056)	$214.45 Million	3.27%	2.40x	$239.16 Million
Financial Street Holdings Co Ltd (000402)	$167.24 Million	2.28%	0.98x	$1.39 Billion
Chongqing Yukaifa Co Ltd (000514)	$2.11 Billion	6.12%	0.46x	$608.71 Million

About Shenzhen Wongtee International Enterprise Co Ltd

SHE:200056 China Real Estate - Development

Market Cap

$19.56 Million

HK$153.24 Million HKD

Market Cap Rank

#25094 Global

#4747 in China

Share Price

HK$0.63

Change (1 day)

-4.55%

52-Week Range

HK$0.61 - HK$1.02

All Time High

HK$6.46