Shenzhen New Land Co Ltd (300778) - Net Assets
Based on the latest financial reports, Shenzhen New Land Co Ltd (300778) has net assets worth CN¥1.20 Billion CNY (≈ $175.66 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¥1.39 Billion ≈ $203.09 Million USD) and total liabilities (CN¥187.45 Million ≈ $27.43 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 Shenzhen New Land Co Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.20 Billion |
| % of Total Assets | 86.49% |
| Annual Growth Rate | 17.5% |
| 5-Year Change | 19.58% |
| 10-Year Change | 489.95% |
| Growth Volatility | 51.9 |
Shenzhen New Land Co Ltd - Net Assets Trend (2014–2025)
This chart illustrates how Shenzhen New Land Co Ltd's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Shenzhen New Land Co Ltd to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Shenzhen New Land Co Ltd (2014–2025)
The table below shows the annual net assets of Shenzhen New Land Co Ltd from 2014 to 2025. For live valuation and market cap data, see 300778 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.22 Billion ≈ $178.15 Million |
-5.36% |
| 2024-12-31 | CN¥1.29 Billion ≈ $188.23 Million |
-11.64% |
| 2023-12-31 | CN¥1.46 Billion ≈ $213.02 Million |
+23.40% |
| 2022-12-31 | CN¥1.18 Billion ≈ $172.63 Million |
+15.87% |
| 2021-12-31 | CN¥1.02 Billion ≈ $148.98 Million |
+4.20% |
| 2020-12-31 | CN¥977.10 Million ≈ $142.98 Million |
+6.64% |
| 2019-12-31 | CN¥916.30 Million ≈ $134.08 Million |
+178.42% |
| 2018-12-31 | CN¥329.10 Million ≈ $48.16 Million |
+43.98% |
| 2017-12-31 | CN¥228.58 Million ≈ $33.45 Million |
+10.77% |
| 2016-12-31 | CN¥206.36 Million ≈ $30.20 Million |
-23.72% |
| 2015-12-31 | CN¥270.53 Million ≈ $39.59 Million |
+31.05% |
| 2014-12-31 | CN¥206.43 Million ≈ $30.21 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shenzhen New Land 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 56.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥53.94 Million | 4.43% |
| Other Components | CN¥1.16 Billion | 95.57% |
| Total Equity | CN¥1.22 Billion | 100.00% |
Shenzhen New Land Co Ltd Competitors by Market Cap
The table below lists competitors of Shenzhen New Land Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cahya Mata Sarawak Bhd
KLSE:2852
|
$299.67 Million |
|
Propel Funeral Partners Ltd
AU:PFP
|
$299.71 Million |
|
Colonial Coal International Corp
V:CAD
|
$299.82 Million |
|
Guangdong Jialong Food Co Ltd
SHE:002495
|
$299.84 Million |
|
SUNAC SERVIC.HLDGS HD-01
F:65D
|
$299.45 Million |
|
Lineage Cell Therapeutics Inc
NYSE MKT:LCTX
|
$299.43 Million |
|
Amazing Microelectronic
TWO:6411
|
$299.31 Million |
|
Panoro Minerals Ltd.
V:PML
|
$299.26 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen New Land Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,287,474,447 to 1,218,660,812, a change of -68,813,635 (-5.3%).
- Net loss of 28,766,742 reduced equity.
- Dividend payments of 259,741 reduced retained earnings.
- Other comprehensive income decreased equity by 59,083,339.
- Other factors increased equity by 19,296,187.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-28.77 Million | -2.36% |
| Dividends Paid | CN¥259.74K | -0.02% |
| Other Comprehensive Income | CN¥-59.08 Million | -4.85% |
| Other Changes | CN¥19.30 Million | +1.58% |
| Total Change | CN¥- | -5.34% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen New Land 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: 1.68x
- 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 3.19x to 1.68x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | CN¥3.15 | CN¥10.05 | x |
| 2015-12-31 | CN¥4.16 | CN¥10.05 | x |
| 2016-12-31 | CN¥1.60 | CN¥10.05 | x |
| 2017-12-31 | CN¥1.77 | CN¥10.05 | x |
| 2018-12-31 | CN¥2.55 | CN¥10.05 | x |
| 2019-12-31 | CN¥5.94 | CN¥10.05 | x |
| 2020-12-31 | CN¥5.67 | CN¥10.05 | x |
| 2021-12-31 | CN¥5.91 | CN¥10.05 | x |
| 2022-12-31 | CN¥6.67 | CN¥10.05 | x |
| 2023-12-31 | CN¥7.69 | CN¥10.05 | x |
| 2024-12-31 | CN¥6.32 | CN¥10.05 | x |
| 2025-12-31 | CN¥5.98 | CN¥10.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen New Land 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): -2.36%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -19.98%
- • Asset Turnover: 0.10x
- • Equity Multiplier: 1.17x
- Recent ROE (-2.36%) is below the historical average (10.35%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -2.26% | -2.27% | 0.50x | 2.00x | CN¥-24.97 Million |
| 2015 | 24.19% | 29.62% | 0.49x | 1.68x | CN¥38.12 Million |
| 2016 | 23.62% | 17.43% | 0.73x | 1.85x | CN¥28.10 Million |
| 2017 | 31.59% | 19.64% | 0.86x | 1.87x | CN¥49.36 Million |
| 2018 | 30.55% | 22.56% | 0.79x | 1.72x | CN¥67.61 Million |
| 2019 | 11.74% | 24.31% | 0.37x | 1.32x | CN¥15.91 Million |
| 2020 | 10.32% | 24.25% | 0.31x | 1.36x | CN¥3.09 Million |
| 2021 | 8.03% | 20.42% | 0.32x | 1.23x | CN¥-20.04 Million |
| 2022 | 5.17% | 13.11% | 0.25x | 1.57x | CN¥-57.06 Million |
| 2023 | -3.59% | -17.91% | 0.17x | 1.17x | CN¥-198.03 Million |
| 2024 | -12.79% | -82.59% | 0.13x | 1.16x | CN¥-293.42 Million |
| 2025 | -2.36% | -19.98% | 0.10x | 1.17x | CN¥-150.63 Million |
Industry Comparison
This section compares Shenzhen New Land Co Ltd's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $1,322,813,932
- Average return on equity (ROE) among peers: 7.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen New Land Co Ltd (300778) | CN¥1.20 Billion | -2.26% | 0.16x | $299.51 Million |
| Shenzhen Ecobeauty Co Ltd (000010) | $133.69 Million | -21.59% | 1.14x | $336.46 Million |
| Shenzhen Sed Industry Co Ltd (000032) | $273.69 Million | 5.51% | 1.09x | $4.13 Billion |
| NORINCO International Cooperation Ltd (000065) | $119.64 Million | 7.91% | 0.42x | $2.17 Billion |
| Shenzhen Tagen Group Co Ltd (000090) | $6.59 Billion | 9.13% | 2.91x | $943.32 Million |
| Shandong Hi-Speed Road&Bridge (000498) | $-659.23 Million | 0.00% | 0.00x | $1.15 Billion |
| Jinyuan Cement Co Ltd (000546) | $151.26 Million | 12.25% | 1.69x | $607.66 Million |
| Hunan Investment Group Co Ltd (000548) | $1.39 Billion | 2.65% | 0.50x | $319.96 Million |
| ChengDu Hi-Tech Development Co Ltd (000628) | $2.16 Billion | 2.85% | 5.83x | $2.76 Billion |
| Gansu Engineering Consulting Group Co Ltd (000779) | $46.73 Million | 47.46% | 2.25x | $527.15 Million |
| Hainan Expressway Co Ltd (000886) | $3.03 Billion | 8.26% | 0.11x | $616.41 Million |
About Shenzhen New Land Co Ltd
Shenzhen New Land Tool Planning & Architectural Design Co., Ltd. engages in land and space planning in China. It offers urban and rural planning, architectural design, municipal design, rail transit design, landscape engineering design, transportation planning, low-carbon urban construction planning, land preparation, and engineering consulting services. The company was founded in 1993 and is hea… Read more