Nanjing Gaoke Co Ltd

SHG:600064 China Real Estate - Development
Market Cap
$2.10 Billion
CN¥15.38 Billion CNY
Market Cap Rank
#6325 Global
#950 in China
Share Price
CN¥8.89
Change (1 day)
+0.91%
52-Week Range
CN¥6.65 - CN¥9.22
All Time High
CN¥17.20
Categories
Companies in China Real Estate - Development
About

Nanjing Gaoke Company Limited, together with its subsidiaries, engages in the development of real estate properties in China. The company designs and develops mid-to-high-end commercial housing, municipal, and landscape projects; provides sewage treatment and tap water supply services; and grants loans to technology-based small and medium-sized enterprises, as well as provides financing guarantee… Read more

Nanjing Gaoke Co Ltd (600064) - Net Assets

Latest net assets as of September 2025: CN¥20.88 Billion CNY

Based on the latest financial reports, Nanjing Gaoke Co Ltd (600064) has net assets worth CN¥20.88 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¥40.32 Billion) and total liabilities (CN¥19.44 Billion). 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¥20.88 Billion
% of Total Assets 51.79%
Annual Growth Rate 19.24%
5-Year Change 41.58%
10-Year Change 110.83%
Growth Volatility 87.12

Nanjing Gaoke Co Ltd - Net Assets Trend (1994–2024)

This chart illustrates how Nanjing Gaoke Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Nanjing Gaoke Co Ltd (1994–2024)

The table below shows the annual net assets of Nanjing Gaoke Co Ltd from 1994 to 2024.

Year Net Assets Change
2024-12-31 CN¥19.98 Billion +7.66%
2023-12-31 CN¥18.55 Billion +5.08%
2022-12-31 CN¥17.66 Billion +10.51%
2021-12-31 CN¥15.98 Billion +13.23%
2020-12-31 CN¥14.11 Billion +12.00%
2019-12-31 CN¥12.60 Billion +24.96%
2018-12-31 CN¥10.08 Billion -6.31%
2017-12-31 CN¥10.76 Billion +3.12%
2016-12-31 CN¥10.43 Billion +10.13%
2015-12-31 CN¥9.47 Billion +8.85%
2014-12-31 CN¥8.70 Billion +61.57%
2013-12-31 CN¥5.39 Billion -3.53%
2012-12-31 CN¥5.58 Billion +10.53%
2011-12-31 CN¥5.05 Billion -4.28%
2010-12-31 CN¥5.28 Billion -20.82%
2009-12-31 CN¥6.67 Billion +84.84%
2008-12-31 CN¥3.61 Billion -50.62%
2007-12-31 CN¥7.30 Billion +415.15%
2006-12-31 CN¥1.42 Billion +9.37%
2005-12-31 CN¥1.30 Billion +0.28%
2004-12-31 CN¥1.29 Billion +3.35%
2003-12-31 CN¥1.25 Billion +3.27%
2002-12-31 CN¥1.21 Billion +3.20%
2001-12-31 CN¥1.17 Billion +6.57%
2000-12-31 CN¥1.10 Billion +11.44%
1999-12-31 CN¥988.20 Million -8.77%
1998-12-31 CN¥1.08 Billion +79.77%
1997-12-31 CN¥602.55 Million +254.93%
1996-12-31 CN¥169.77 Million +27.71%
1995-12-31 CN¥132.93 Million +30.56%
1994-12-31 CN¥101.81 Million --

Equity Component Analysis

This analysis shows how different components contribute to Nanjing Gaoke 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 1222895.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥14.62 Billion 77.71%
Common Stock CN¥1.73 Billion 9.20%
Other Comprehensive Income CN¥2.40 Billion 12.76%
Other Components CN¥62.17 Million 0.33%
Total Equity CN¥18.81 Billion 100.00%

Nanjing Gaoke Co Ltd Competitors by Market Cap

The table below lists competitors of Nanjing Gaoke Co Ltd ranked by their market capitalization.

Company Market Cap
Universal Corporation
NYSE:UVV
 		$1.30 Billion
Orbia Advance Corp
PINK:MXCHY
 		$1.30 Billion
Electric Connector Technology Co Ltd
SHE:300679
 		$1.30 Billion
Better Life Commercial Chain Share Co Ltd
SHE:002251
 		$1.30 Billion
NV Bekaert SA
PINK:BEKSF
 		$1.30 Billion
Kimbell Royalty Partners LP
NYSE:KRP
 		$1.30 Billion
AIA Engineering Limited
NSE:AIAENG
 		$1.30 Billion
Nanjing Hanrui Cobalt Co Ltd
SHE:300618
 		$1.29 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Nanjing Gaoke Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 17,538,216,515 to 18,807,328,135, a change of 1,269,111,620 (7.2%).
  • Net income of 1,725,229,895 contributed positively to equity growth.
  • Dividend payments of 764,147,922 reduced retained earnings.
  • Other comprehensive income increased equity by 298,002,956.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥1.73 Billion +9.17%
Dividends Paid CN¥764.15 Million -4.06%
Other Comprehensive Income CN¥298.00 Million +1.58%
Other Changes CN¥10.03 Million +0.05%
Total Change CN¥- 7.24%

Book Value vs Market Value Analysis

This analysis compares Nanjing Gaoke 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: 0.82x
  • 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 108.09x to 0.82x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1994-12-31 CN¥0.08 CN¥8.89 x
1995-12-31 CN¥0.11 CN¥8.89 x
1996-12-31 CN¥0.14 CN¥8.89 x
1997-12-31 CN¥0.49 CN¥8.89 x
1998-12-31 CN¥0.87 CN¥8.89 x
1999-12-31 CN¥0.79 CN¥8.89 x
2000-12-31 CN¥0.88 CN¥8.89 x
2001-12-31 CN¥0.94 CN¥8.89 x
2002-12-31 CN¥0.99 CN¥8.89 x
2003-12-31 CN¥1.03 CN¥8.89 x
2004-12-31 CN¥1.09 CN¥8.89 x
2005-12-31 CN¥1.11 CN¥8.89 x
2006-12-31 CN¥0.82 CN¥8.89 x
2007-12-31 CN¥4.13 CN¥8.89 x
2008-12-31 CN¥2.02 CN¥8.89 x
2009-12-31 CN¥3.66 CN¥8.89 x
2010-12-31 CN¥2.86 CN¥8.89 x
2011-12-31 CN¥2.70 CN¥8.89 x
2012-12-31 CN¥2.99 CN¥8.89 x
2013-12-31 CN¥2.87 CN¥8.89 x
2014-12-31 CN¥4.76 CN¥8.89 x
2015-12-31 CN¥5.19 CN¥8.89 x
2016-12-31 CN¥5.69 CN¥8.89 x
2017-12-31 CN¥5.85 CN¥8.89 x
2018-12-31 CN¥5.39 CN¥8.89 x
2019-12-31 CN¥6.83 CN¥8.89 x
2020-12-31 CN¥7.66 CN¥8.89 x
2021-12-31 CN¥8.71 CN¥8.89 x
2022-12-31 CN¥9.57 CN¥8.89 x
2023-12-31 CN¥10.14 CN¥8.89 x
2024-12-31 CN¥10.87 CN¥8.89 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Nanjing Gaoke 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): 9.17%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 87.12%
  • • Asset Turnover: 0.05x
  • • Equity Multiplier: 2.04x
  • Recent ROE (9.17%) is below the historical average (12.54%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1994 33.04% 39.35% 0.38x 2.21x CN¥23.46 Million
1995 45.07% 34.36% 0.61x 2.16x CN¥46.63 Million
1996 39.79% 24.64% 0.72x 2.23x CN¥50.58 Million
1997 13.11% 21.35% 0.34x 1.82x CN¥18.74 Million
1998 20.22% 24.82% 0.46x 1.77x CN¥109.93 Million
1999 21.13% 19.88% 0.49x 2.17x CN¥109.38 Million
2000 10.28% 12.78% 0.41x 1.95x CN¥3.09 Million
2001 6.08% 13.80% 0.21x 2.12x CN¥-45.63 Million
2002 6.72% 9.78% 0.29x 2.37x CN¥-40.07 Million
2003 6.29% 7.28% 0.37x 2.36x CN¥-47.32 Million
2004 6.19% 5.96% 0.44x 2.38x CN¥-51.27 Million
2005 6.80% 5.69% 0.52x 2.30x CN¥-43.81 Million
2006 7.10% 5.92% 0.59x 2.04x CN¥-41.04 Million
2007 2.27% 15.14% 0.08x 1.91x CN¥-554.80 Million
2008 5.48% 12.64% 0.14x 3.09x CN¥-158.19 Million
2009 4.02% 12.11% 0.14x 2.40x CN¥-379.43 Million
2010 6.36% 11.71% 0.18x 2.95x CN¥-179.97 Million
2011 7.80% 15.01% 0.16x 3.20x CN¥-102.84 Million
2012 7.42% 17.62% 0.13x 3.16x CN¥-133.69 Million
2013 8.66% 12.20% 0.23x 3.13x CN¥-66.74 Million
2014 7.38% 18.56% 0.16x 2.47x CN¥-216.14 Million
2015 9.43% 21.85% 0.17x 2.52x CN¥-51.46 Million
2016 9.41% 17.75% 0.21x 2.55x CN¥-57.94 Million
2017 9.35% 26.09% 0.14x 2.58x CN¥-66.12 Million
2018 10.27% 27.99% 0.13x 2.78x CN¥25.30 Million
2019 15.59% 62.86% 0.10x 2.46x CN¥660.31 Million
2020 15.21% 68.95% 0.09x 2.46x CN¥690.36 Million
2021 15.61% 47.67% 0.15x 2.19x CN¥844.97 Million
2022 14.50% 53.50% 0.12x 2.26x CN¥746.04 Million
2023 8.90% 32.96% 0.13x 2.13x CN¥-193.68 Million
2024 9.17% 87.12% 0.05x 2.04x CN¥-155.50 Million

Industry Comparison

This section compares Nanjing Gaoke 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: $9,981,031,371
  • Average return on equity (ROE) among peers: 6.00%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Nanjing Gaoke Co Ltd (600064) CN¥20.88 Billion 33.04% 0.93x $1.30 Billion
China Vanke Co Ltd Class A (000002) $2.15 Billion 10.68% 1.09x $5.28 Billion
Shenzhen Zhenye Group Co Ltd (000006) $2.89 Billion 15.02% 1.88x $1.04 Billion
Shahe Industry Co Ltd (000014) $605.85 Million 8.96% 1.98x $312.36 Million
Grandjoy Holdings Group Co Ltd (000031) $52.09 Billion 0.21% 3.08x $571.80 Million
China Union Holdings Ltd (000036) $2.68 Billion 2.58% 1.41x $356.29 Million
Shenzhen Centralcon Investment Holding Co Ltd (000042) $1.74 Billion 0.39% 2.19x $315.70 Million
Shenzhen Wongtee International Enterprise Co Ltd (000056) $5.55 Billion 0.90% 1.24x $213.53 Million
Financial Street Holdings Co Ltd (000402) $31.13 Billion 9.01% 2.62x $785.44 Million
Chongqing Yukaifa Co Ltd (000514) $147.43 Million 10.06% 0.84x $208.71 Million
Rongan Property Co Ltd (000517) $819.92 Million 2.19% 0.80x $214.19 Million