Xiamen C&D Inc (600153) - Net Assets
Based on the latest financial reports, Xiamen C&D Inc (600153) has net assets worth CN¥183.67 Billion CNY (≈ $26.88 Billion 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¥822.66 Billion ≈ $120.38 Billion USD) and total liabilities (CN¥638.99 Billion ≈ $93.50 Billion 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 Xiamen C&D Inc 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¥183.67 Billion |
| % of Total Assets | 22.33% |
| Annual Growth Rate | 27.82% |
| 5-Year Change | 34.66% |
| 10-Year Change | 465.04% |
| Growth Volatility | 35.2 |
Xiamen C&D Inc - Net Assets Trend (1995–2025)
This chart illustrates how Xiamen C&D Inc's net assets have evolved over time, based on quarterly financial data. See Xiamen C&D Inc liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Xiamen C&D Inc (1995–2025)
The table below shows the annual net assets of Xiamen C&D Inc from 1995 to 2025. For live valuation and market cap data, see Xiamen C&D Inc (600153) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥184.37 Billion ≈ $26.98 Billion |
-19.19% |
| 2024-12-31 | CN¥228.16 Billion ≈ $33.39 Billion |
+1.57% |
| 2023-12-31 | CN¥224.64 Billion ≈ $32.87 Billion |
+35.86% |
| 2022-12-31 | CN¥165.34 Billion ≈ $24.20 Billion |
+20.76% |
| 2021-12-31 | CN¥136.92 Billion ≈ $20.04 Billion |
+59.10% |
| 2020-12-31 | CN¥86.06 Billion ≈ $12.59 Billion |
+30.19% |
| 2019-12-31 | CN¥66.10 Billion ≈ $9.67 Billion |
+21.48% |
| 2018-12-31 | CN¥54.42 Billion ≈ $7.96 Billion |
+24.42% |
| 2017-12-31 | CN¥43.74 Billion ≈ $6.40 Billion |
+34.04% |
| 2016-12-31 | CN¥32.63 Billion ≈ $4.77 Billion |
+22.35% |
| 2015-12-31 | CN¥26.67 Billion ≈ $3.90 Billion |
+20.25% |
| 2014-12-31 | CN¥22.18 Billion ≈ $3.25 Billion |
+35.62% |
| 2013-12-31 | CN¥16.35 Billion ≈ $2.39 Billion |
+26.24% |
| 2012-12-31 | CN¥12.96 Billion ≈ $1.90 Billion |
+28.31% |
| 2011-12-31 | CN¥10.10 Billion ≈ $1.48 Billion |
+33.61% |
| 2010-12-31 | CN¥7.56 Billion ≈ $1.11 Billion |
+31.79% |
| 2009-12-31 | CN¥5.73 Billion ≈ $839.13 Million |
+6.41% |
| 2008-12-31 | CN¥5.39 Billion ≈ $788.62 Million |
+4.50% |
| 2007-12-31 | CN¥5.16 Billion ≈ $754.65 Million |
+74.02% |
| 2006-12-31 | CN¥2.96 Billion ≈ $433.66 Million |
+3.26% |
| 2005-12-31 | CN¥2.87 Billion ≈ $419.97 Million |
-0.04% |
| 2004-12-31 | CN¥2.87 Billion ≈ $420.15 Million |
+4.97% |
| 2003-12-31 | CN¥2.74 Billion ≈ $400.27 Million |
+66.50% |
| 2002-12-31 | CN¥1.64 Billion ≈ $240.40 Million |
+2.04% |
| 2001-12-31 | CN¥1.61 Billion ≈ $235.59 Million |
+9.03% |
| 2000-12-31 | CN¥1.48 Billion ≈ $216.07 Million |
+87.72% |
| 1999-12-31 | CN¥786.60 Million ≈ $115.10 Million |
+28.58% |
| 1998-12-31 | CN¥611.77 Million ≈ $89.52 Million |
+173.47% |
| 1997-12-31 | CN¥223.71 Million ≈ $32.74 Million |
+21.40% |
| 1996-12-31 | CN¥184.27 Million ≈ $26.96 Million |
+57.75% |
| 1995-12-31 | CN¥116.81 Million ≈ $17.09 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Xiamen C&D Inc'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 3400673268844.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥34.01 Billion | 55.38% |
| Other Components | CN¥27.40 Billion | 44.62% |
| Total Equity | CN¥61.40 Billion | 100.00% |
Xiamen C&D Inc Competitors by Market Cap
The table below lists competitors of Xiamen C&D Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Caesars Entertainment Corporation
NASDAQ:CZR
|
$3.95 Billion |
|
Hangzhou Binjiang Real Estate Group Co Ltd
SHE:002244
|
$3.95 Billion |
|
Nice Ltd
TA:NICE
|
$3.95 Billion |
|
Cosan SA ADR
NYSE:CSAN
|
$3.96 Billion |
|
Hebei Changshan Biochem Pharma
SHE:300255
|
$3.95 Billion |
|
Anxin Trust Co Ltd
SHG:600816
|
$3.95 Billion |
|
Trex Company Inc
NYSE:TREX
|
$3.95 Billion |
|
StubHub Holdings, Inc.
NYSE:STUB
|
$3.95 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Xiamen C&D Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 71,985,902,000 to 61,403,665,243, a change of -10,582,236,757 (-14.7%).
- Net loss of 10,814,732,169 reduced equity.
- Dividend payments of 10,560,934,172 reduced retained earnings.
- Other comprehensive income decreased equity by 16,136,877,000.
- Other factors increased equity by 26,930,306,584.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-10.81 Billion | -17.61% |
| Dividends Paid | CN¥10.56 Billion | -17.2% |
| Other Comprehensive Income | CN¥-16.14 Billion | -26.28% |
| Other Changes | CN¥26.93 Billion | +43.86% |
| Total Change | CN¥- | -14.70% |
Book Value vs Market Value Analysis
This analysis compares Xiamen C&D Inc'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: 0.44x
- 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 166.37x to 0.44x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1995-12-31 | CN¥0.06 | CN¥9.31 | x |
| 1996-12-31 | CN¥0.09 | CN¥9.31 | x |
| 1997-12-31 | CN¥0.11 | CN¥9.31 | x |
| 1998-12-31 | CN¥0.29 | CN¥9.31 | x |
| 1999-12-31 | CN¥0.34 | CN¥9.31 | x |
| 2000-12-31 | CN¥0.66 | CN¥9.31 | x |
| 2001-12-31 | CN¥0.72 | CN¥9.31 | x |
| 2002-12-31 | CN¥0.73 | CN¥9.31 | x |
| 2003-12-31 | CN¥1.20 | CN¥9.31 | x |
| 2004-12-31 | CN¥1.25 | CN¥9.31 | x |
| 2005-12-31 | CN¥1.25 | CN¥9.31 | x |
| 2006-12-31 | CN¥1.34 | CN¥9.31 | x |
| 2007-12-31 | CN¥2.26 | CN¥9.31 | x |
| 2008-12-31 | CN¥2.18 | CN¥9.31 | x |
| 2009-12-31 | CN¥2.01 | CN¥9.31 | x |
| 2010-12-31 | CN¥2.58 | CN¥9.31 | x |
| 2011-12-31 | CN¥3.46 | CN¥9.31 | x |
| 2012-12-31 | CN¥4.27 | CN¥9.31 | x |
| 2013-12-31 | CN¥5.36 | CN¥9.31 | x |
| 2014-12-31 | CN¥6.40 | CN¥9.31 | x |
| 2015-12-31 | CN¥6.72 | CN¥9.31 | x |
| 2016-12-31 | CN¥7.61 | CN¥9.31 | x |
| 2017-12-31 | CN¥8.30 | CN¥9.31 | x |
| 2018-12-31 | CN¥9.73 | CN¥9.31 | x |
| 2019-12-31 | CN¥10.90 | CN¥9.31 | x |
| 2020-12-31 | CN¥13.54 | CN¥9.31 | x |
| 2021-12-31 | CN¥17.93 | CN¥9.31 | x |
| 2022-12-31 | CN¥20.56 | CN¥9.31 | x |
| 2023-12-31 | CN¥24.36 | CN¥9.31 | x |
| 2024-12-31 | CN¥24.83 | CN¥9.31 | x |
| 2025-12-31 | CN¥21.18 | CN¥9.31 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Xiamen C&D Inc 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): -17.61%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.61%
- • Asset Turnover: 0.92x
- • Equity Multiplier: 11.94x
- Recent ROE (-17.61%) is below the historical average (15.20%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1995 | 32.00% | 4.83% | 2.22x | 2.99x | CN¥25.70 Million |
| 1996 | 27.37% | 5.02% | 2.80x | 1.95x | CN¥32.01 Million |
| 1997 | 26.11% | 3.97% | 3.22x | 2.04x | CN¥36.04 Million |
| 1998 | 12.37% | 3.50% | 2.25x | 1.57x | CN¥14.43 Million |
| 1999 | 15.87% | 3.32% | 1.69x | 2.83x | CN¥41.67 Million |
| 2000 | 7.14% | 1.91% | 1.56x | 2.40x | CN¥-39.43 Million |
| 2001 | 9.50% | 2.39% | 1.63x | 2.44x | CN¥-7.49 Million |
| 2002 | 10.84% | 2.21% | 1.81x | 2.71x | CN¥12.85 Million |
| 2003 | 7.82% | 2.13% | 1.46x | 2.52x | CN¥-54.32 Million |
| 2004 | 11.84% | 2.15% | 2.14x | 2.57x | CN¥48.18 Million |
| 2005 | 8.15% | 1.35% | 2.14x | 2.82x | CN¥-48.23 Million |
| 2006 | 16.28% | 2.17% | 2.32x | 3.22x | CN¥175.83 Million |
| 2007 | 14.55% | 2.40% | 1.93x | 3.14x | CN¥222.27 Million |
| 2008 | 20.49% | 2.84% | 2.34x | 3.09x | CN¥537.52 Million |
| 2009 | 22.89% | 2.62% | 1.51x | 5.79x | CN¥599.01 Million |
| 2010 | 28.96% | 2.65% | 1.60x | 6.81x | CN¥1.15 Billion |
| 2011 | 27.89% | 2.84% | 1.51x | 6.48x | CN¥1.44 Billion |
| 2012 | 21.51% | 2.36% | 1.49x | 6.10x | CN¥1.15 Billion |
| 2013 | 21.45% | 2.64% | 1.28x | 6.38x | CN¥1.44 Billion |
| 2014 | 14.69% | 2.07% | 1.29x | 5.48x | CN¥799.89 Million |
| 2015 | 13.83% | 2.06% | 1.29x | 5.21x | CN¥731.86 Million |
| 2016 | 13.27% | 1.96% | 1.15x | 5.87x | CN¥703.94 Million |
| 2017 | 14.10% | 1.52% | 1.25x | 7.42x | CN¥968.56 Million |
| 2018 | 16.95% | 1.67% | 1.29x | 7.89x | CN¥1.92 Billion |
| 2019 | 15.41% | 1.41% | 1.14x | 9.56x | CN¥1.67 Billion |
| 2020 | 11.73% | 1.04% | 1.12x | 10.09x | CN¥665.18 Million |
| 2021 | 12.08% | 0.87% | 1.17x | 11.85x | CN¥1.06 Billion |
| 2022 | 10.73% | 0.75% | 1.25x | 11.37x | CN¥427.06 Million |
| 2023 | 18.85% | 1.72% | 0.93x | 11.81x | CN¥6.15 Billion |
| 2024 | 4.09% | 0.42% | 0.91x | 10.67x | CN¥-4.25 Billion |
| 2025 | -17.61% | -1.61% | 0.92x | 11.94x | CN¥-16.96 Billion |
Industry Comparison
This section compares Xiamen C&D Inc's net assets metrics with peer companies in the Specialty Business Services industry.
Industry Context
- Industry: Specialty Business Services
- Average net assets among peers: $1,953,306,522
- Average return on equity (ROE) among peers: 0.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Xiamen C&D Inc (600153) | CN¥183.67 Billion | 32.00% | 3.48x | $3.95 Billion |
| Shaanxi Jinye Science Technology and Education Group Co Ltd (000812) | $385.12 Million | 6.26% | 0.80x | $384.69 Million |
| Tungkong Inc (002117) | $1.01 Billion | 7.84% | 0.32x | $675.94 Million |
| Eternal Asia Supply Chain Management Ltd (002183) | $10.57 Billion | 1.33% | 4.13x | $2.15 Billion |
| Hongbo Co Ltd (002229) | $889.84 Million | 5.52% | 0.35x | $937.37 Million |
| Beijing Shengtong Printing Co Ltd (002599) | $1.40 Billion | 4.82% | 0.86x | $452.88 Million |
| Shanghai Nar Industrial Co Ltd (002825) | $1.40 Billion | 25.19% | 0.41x | $473.29 Million |
| Xuchang Ketop Testing Research Ins (003008) | $1.08 Billion | 7.94% | 0.07x | $280.17 Million |
| Suzhou Electrical Apparatus Sci (300215) | $2.00 Billion | 0.95% | 0.43x | $793.62 Million |
| Trust Alliance Information Development Inc Ltd Shanghai (300469) | $362.85 Million | -41.50% | 2.61x | $1.94 Billion |
| Hunan Huakai Cultural and Creative Co Ltd (300592) | $438.67 Million | -14.24% | 1.08x | $744.37 Million |
About Xiamen C&D Inc
Xiamen C&D Inc. engages in the supply chain and real estate development businesses in China and internationally. It operates through Supply Chain Operation, Real Estate Business, and Home Furnishing Mall Operation segments. The company offers supply chain services, including logistics, information, finance, trading, and business services. It also provides commercial real estate development, prope… Read more