China Cyts Tours Holding Co., Ltd. operates as a tourism company in Mainland China and internationally. The company's Tourism Products and Services segment provides tourism services, such as group tours and free travel. Its Integrated Marketing Services segment mainly offers public relations, sports marketing, conference management, expositions, and, etc. The company's Hotel Business segment engages in the investment, operation, and management of domestic mid- to high-end boutique hotel chains. Its Scenic Spot Operation and Real Esta… Read more
China CYTS Tours Holding Co Ltd (600138) - Net Assets
Latest net assets as of March 2025: CN¥8.45 Billion CNY
Based on the latest financial reports, China CYTS Tours Holding Co Ltd (600138) has net assets worth CN¥8.45 Billion CNY as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥17.57 Billion) and total liabilities (CN¥9.13 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
| Current Net Assets | CN¥8.45 Billion | % of Total Assets | 48.07% |
|---|---|---|---|
| Annual Growth Rate | 9.06% | 5-Year Change | -0.91% |
| 10-Year Change | 41.57% | Growth Volatility | 13.8 |
China CYTS Tours Holding Co Ltd - Net Assets Trend (2000–2024)
This chart illustrates how China CYTS Tours Holding 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 China CYTS Tours Holding Co Ltd (2000–2024)
The table below shows the annual net assets of China CYTS Tours Holding Co Ltd from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥8.49 Billion | +1.76% |
| 2023-12-31 | CN¥8.35 Billion | +3.02% |
| 2022-12-31 | CN¥8.10 Billion | -6.04% |
| 2021-12-31 | CN¥8.62 Billion | +0.59% |
| 2020-12-31 | CN¥8.57 Billion | -4.17% |
| 2019-12-31 | CN¥8.95 Billion | +9.65% |
| 2018-12-31 | CN¥8.16 Billion | +8.98% |
| 2017-12-31 | CN¥7.49 Billion | +11.59% |
| 2016-12-31 | CN¥6.71 Billion | +11.82% |
| 2015-12-31 | CN¥6.00 Billion | +6.54% |
| 2014-12-31 | CN¥5.63 Billion | +39.11% |
| 2013-12-31 | CN¥4.05 Billion | -7.22% |
| 2012-12-31 | CN¥4.36 Billion | +3.94% |
| 2011-12-31 | CN¥4.20 Billion | +29.97% |
| 2010-12-31 | CN¥3.23 Billion | +5.07% |
| 2009-12-31 | CN¥3.07 Billion | +19.92% |
| 2008-12-31 | CN¥2.56 Billion | +6.08% |
| 2007-12-31 | CN¥2.42 Billion | +54.87% |
| 2006-12-31 | CN¥1.56 Billion | +0.99% |
| 2005-12-31 | CN¥1.55 Billion | +11.10% |
| 2004-12-31 | CN¥1.39 Billion | +7.04% |
| 2003-12-31 | CN¥1.30 Billion | +4.00% |
| 2002-12-31 | CN¥1.25 Billion | +5.05% |
| 2001-12-31 | CN¥1.19 Billion | +12.17% |
| 2000-12-31 | CN¥1.06 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to China CYTS Tours Holding 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 3050.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥3.63 Billion | 57.58% |
| Other Components | CN¥2.68 Billion | 42.42% |
| Total Equity | CN¥6.31 Billion | 100.00% |
China CYTS Tours Holding Co Ltd Competitors by Market Cap
The table below lists competitors of China CYTS Tours Holding Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Actions Technology Co Ltd
SHG:688049
|
$711.99 Million |
|
Corporación Interamericana de Entretenimiento S.A.B. de C.V
MX:CIEB
|
$712.02 Million |
|
Astronics Corp Cl B
PINK:ATROB
|
$712.08 Million |
|
El Al Israel Airlines Ltd
PINK:ELALF
|
$712.45 Million |
|
XD Inc
PINK:XDNCF
|
$711.96 Million |
|
Foran Mining Corporation
OTCQX:FMCXF
|
$711.78 Million |
|
REX American Resources Corporation
NYSE:REX
|
$711.72 Million |
|
BIOGAIA AB B O.N.
F:BGLA
|
$711.67 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China CYTS Tours Holding Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,214,054,394 to 6,308,173,517, a change of 94,119,123 (1.5%).
- Net income of 160,449,901 contributed positively to equity growth.
- Dividend payments of 244,695,555 reduced retained earnings.
- Other factors increased equity by 178,364,777.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥160.45 Million | +2.54% |
| Dividends Paid | CN¥244.70 Million | -3.88% |
| Other Changes | CN¥178.36 Million | +2.83% |
| Total Change | CN¥ 94.12 Million | +1.51% |
Book Value vs Market Value Analysis
This analysis compares China CYTS Tours Holding Co Ltd's book value (net assets per share) with its market price over time, revealing how the market values the company relative to its accounting value.
Valuation Insights
- Current price-to-book ratio: 1.10x
- 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 1.24x to 1.10x over the analyzed period, indicating reduced market premium.
Price-to-Book Ratio History
| Year | Book Value Per Share | Market Price | Price-to-Book Ratio |
|---|---|---|---|
| 2017 | CN¥7.73 | CN¥9.56 | 1.24x |
| 2018 | CN¥8.45 | CN¥9.56 | 1.13x |
| 2019 | CN¥9.11 | CN¥9.56 | 1.05x |
| 2020 | CN¥8.74 | CN¥9.56 | 1.09x |
| 2021 | CN¥8.77 | CN¥9.56 | 1.09x |
| 2022 | CN¥8.32 | CN¥9.56 | 1.15x |
| 2023 | CN¥8.58 | CN¥9.56 | 1.11x |
| 2024 | CN¥8.71 | CN¥9.56 | 1.10x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China CYTS Tours Holding 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): 2.54%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.61%
- • Asset Turnover: 0.56x
- • Equity Multiplier: 2.80x
- Recent ROE (2.54%) is below the historical average (6.76%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 11.85% | 11.73% | 0.62x | 1.64x | CN¥18.78 Million |
| 2001 | 9.51% | 7.87% | 0.75x | 1.61x | CN¥-5.30 Million |
| 2002 | 7.35% | 4.90% | 0.93x | 1.61x | CN¥-30.05 Million |
| 2003 | 2.80% | 2.96% | 0.64x | 1.47x | CN¥-83.74 Million |
| 2004 | 5.84% | 4.14% | 0.95x | 1.49x | CN¥-51.48 Million |
| 2005 | 4.94% | 2.68% | 0.76x | 2.43x | CN¥-63.26 Million |
| 2006 | 6.98% | 3.18% | 0.86x | 2.56x | CN¥-39.44 Million |
| 2007 | 8.69% | 3.59% | 0.99x | 2.45x | CN¥-24.51 Million |
| 2008 | 6.64% | 2.83% | 0.99x | 2.36x | CN¥-65.74 Million |
| 2009 | 11.77% | 4.08% | 1.10x | 2.63x | CN¥37.99 Million |
| 2010 | 11.40% | 4.36% | 0.80x | 3.26x | CN¥32.68 Million |
| 2011 | 10.48% | 3.17% | 0.99x | 3.34x | CN¥12.14 Million |
| 2012 | 10.30% | 2.87% | 1.32x | 2.71x | CN¥8.68 Million |
| 2013 | 10.95% | 3.44% | 1.13x | 2.82x | CN¥27.89 Million |
| 2014 | 8.23% | 3.43% | 1.19x | 2.01x | CN¥-78.04 Million |
| 2015 | 6.34% | 2.79% | 1.11x | 2.05x | CN¥-170.13 Million |
| 2016 | 9.49% | 4.68% | 0.94x | 2.15x | CN¥-25.94 Million |
| 2017 | 10.22% | 5.19% | 0.85x | 2.33x | CN¥12.49 Million |
| 2018 | 9.76% | 4.87% | 0.84x | 2.38x | CN¥-14.54 Million |
| 2019 | 8.62% | 4.04% | 0.86x | 2.49x | CN¥-91.07 Million |
| 2020 | -3.67% | -3.25% | 0.42x | 2.70x | CN¥-864.73 Million |
| 2021 | 0.33% | 0.25% | 0.49x | 2.75x | CN¥-613.59 Million |
| 2022 | -5.54% | -5.20% | 0.37x | 2.92x | CN¥-935.51 Million |
| 2023 | 3.12% | 2.01% | 0.56x | 2.78x | CN¥-427.41 Million |
| 2024 | 2.54% | 1.61% | 0.56x | 2.80x | CN¥-470.37 Million |
Industry Comparison
This section compares China CYTS Tours Holding Co Ltd's net assets metrics with peer companies in the Lodging industry.
Industry Context
- Industry: Lodging
- Average net assets among peers: $1,251,382,941
- Average return on equity (ROE) among peers: -2.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China CYTS Tours Holding Co Ltd (600138) | CN¥8.45 Billion | 11.85% | 1.08x | $711.96 Million |
| ShenZhen Zero-Seven Co Ltd (000007) | $32.45 Million | 0.00% | 1.33x | $189.19 Million |
| Shenzhen Overseas Chinese Town Co Ltd (000069) | $5.71 Billion | 13.15% | 1.19x | $1.08 Billion |
| Huatian Hotel Group Co Ltd (000428) | $1.90 Billion | 6.28% | 3.23x | $198.16 Million |
| Zhang Jia Jie Tourism Group Co Ltd (000430) | $84.23 Million | 0.00% | 5.59x | $229.87 Million |
| XiAn Tourism Co Ltd (000610) | $214.90 Million | -121.15% | 8.60x | $268.22 Million |
| Guilin Tourism Corp Ltd (000978) | $88.55 Million | 37.08% | 1.47x | $188.47 Million |
| LiJiang YuLong Tourism Co Ltd (002033) | $2.67 Billion | 2.64% | 0.06x | $340.55 Million |
| Yunnan Tourism Co Ltd (002059) | $317.89 Million | 8.51% | 0.70x | $244.67 Million |
| SSAW Hotels & Resorts Group Co.Ltd. (301073) | $252.33 Million | 28.63% | 0.81x | $224.35 Million |