Shenzhen Heungkong Holding Co Ltd (600162) - Net Assets

Latest as of September 2025: CN¥5.52 Billion CNY ≈ $807.22 Million USD

Based on the latest financial reports, Shenzhen Heungkong Holding Co Ltd (600162) has net assets worth CN¥5.52 Billion CNY (≈ $807.22 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥16.28 Billion ≈ $2.38 Billion USD) and total liabilities (CN¥10.77 Billion ≈ $1.58 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 Shenzhen Heungkong Holding Co Ltd liquidity resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥5.52 Billion
% of Total Assets	33.88%
Annual Growth Rate	14.46%
5-Year Change	0.9%
10-Year Change	17.69%
Growth Volatility	36.92

Shenzhen Heungkong Holding Co Ltd - Net Assets Trend (1995–2024)

This chart illustrates how Shenzhen Heungkong Holding Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Shenzhen Heungkong Holding Co Ltd asset portfolio for the complete picture of this company's asset base.

Annual Net Assets for Shenzhen Heungkong Holding Co Ltd (1995–2024)

The table below shows the annual net assets of Shenzhen Heungkong Holding Co Ltd from 1995 to 2024. For live valuation and market cap data, see 600162 market cap overview.

Year	Net Assets	Change
2024-12-31	CN¥5.72 Billion ≈ $837.66 Million	-9.42%
2023-12-31	CN¥6.32 Billion ≈ $924.77 Million	-6.53%
2022-12-31	CN¥6.76 Billion ≈ $989.34 Million	-11.09%
2021-12-31	CN¥7.60 Billion ≈ $1.11 Billion	+34.03%
2020-12-31	CN¥5.67 Billion ≈ $830.22 Million	-0.01%
2019-12-31	CN¥5.67 Billion ≈ $830.31 Million	+4.88%
2018-12-31	CN¥5.41 Billion ≈ $791.71 Million	-33.08%
2017-12-31	CN¥8.09 Billion ≈ $1.18 Billion	+52.73%
2016-12-31	CN¥5.29 Billion ≈ $774.66 Million	+8.84%
2015-12-31	CN¥4.86 Billion ≈ $711.75 Million	+108.19%
2014-12-31	CN¥2.34 Billion ≈ $341.88 Million	+6.91%
2013-12-31	CN¥2.19 Billion ≈ $319.77 Million	+17.36%
2012-12-31	CN¥1.86 Billion ≈ $272.46 Million	+2.47%
2011-12-31	CN¥1.82 Billion ≈ $265.90 Million	+2.38%
2010-12-31	CN¥1.77 Billion ≈ $259.71 Million	+0.21%
2009-12-31	CN¥1.77 Billion ≈ $259.16 Million	+15.25%
2008-12-31	CN¥1.54 Billion ≈ $224.87 Million	+140.25%
2007-12-31	CN¥639.63 Million ≈ $93.60 Million	-27.31%
2006-12-31	CN¥880.00 Million ≈ $128.77 Million	+9.21%
2005-12-31	CN¥805.76 Million ≈ $117.91 Million	+2.53%
2004-12-31	CN¥785.89 Million ≈ $115.00 Million	+16.56%
2003-12-31	CN¥674.22 Million ≈ $98.66 Million	+6.03%
2002-12-31	CN¥635.91 Million ≈ $93.05 Million	+4.07%
2001-12-31	CN¥611.02 Million ≈ $89.41 Million	-1.49%
2000-12-31	CN¥620.25 Million ≈ $90.76 Million	+47.13%
1999-12-31	CN¥421.57 Million ≈ $61.69 Million	+16.06%
1998-12-31	CN¥363.22 Million ≈ $53.15 Million	+79.85%
1997-12-31	CN¥201.96 Million ≈ $29.55 Million	+19.30%
1996-12-31	CN¥169.29 Million ≈ $24.77 Million	+48.51%
1995-12-31	CN¥113.99 Million ≈ $16.68 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Shenzhen Heungkong 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 23386.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥740.77 Million	12.56%
Common Stock	CN¥3.27 Billion	55.40%
Other Components	CN¥1.89 Billion	32.04%
Total Equity	CN¥5.90 Billion	100.00%

Shenzhen Heungkong Holding Co Ltd Competitors by Market Cap

The table below lists competitors of Shenzhen Heungkong Holding Co Ltd ranked by their market capitalization.

Company	Market Cap
Shenzhen Chengtian Weiye Technology Co Ltd SHE:300689	$918.53 Million
Lonkey Industrial Co Ltd Guangzhou SHE:000523	$918.57 Million
Guangxi Wuzhou Communications Co Ltd SHG:600368	$918.62 Million
Zhejiang Zomax Transmission SHG:603767	$919.06 Million
Blue Jet Healthcare Limited NSE:BLUEJET	$918.19 Million
Vaudoise Assurances Holding SA SW:VAHN	$917.82 Million
Hunan Airbluer Environmental Protection Technology Co. Ltd. SHE:301259	$917.45 Million
ASA Gold and Precious Metals Ltd NYSE:ASA	$917.38 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2023 to 2024, total equity changed from 6,318,253,000 to 5,899,236,000, a change of -419,017,000 (-6.6%).
Net income of 61,797,000 contributed positively to equity growth.
Dividend payments of 488,034,000 reduced retained earnings.
Share repurchases of 2,376,300 reduced equity.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥61.80 Million	+1.05%
Dividends Paid	CN¥488.03 Million	-8.27%
Share Repurchases	CN¥2.38 Million	-0.04%
Other Changes	CN¥9.60 Million	+0.16%
Total Change	CN¥-	-6.63%

Book Value vs Market Value Analysis

This analysis compares Shenzhen Heungkong Holding 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: 1.06x
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 14.15x to 1.06x 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¥0.14	CN¥1.92	x
1996-12-31	CN¥0.20	CN¥1.92	x
1997-12-31	CN¥0.24	CN¥1.92	x
1998-12-31	CN¥0.42	CN¥1.92	x
1999-12-31	CN¥0.47	CN¥1.92	x
2000-12-31	CN¥0.68	CN¥1.92	x
2001-12-31	CN¥0.70	CN¥1.92	x
2002-12-31	CN¥0.73	CN¥1.92	x
2003-12-31	CN¥0.78	CN¥1.92	x
2004-12-31	CN¥0.89	CN¥1.92	x
2005-12-31	CN¥0.91	CN¥1.92	x
2006-12-31	CN¥1.06	CN¥1.92	x
2007-12-31	CN¥0.45	CN¥1.92	x
2008-12-31	CN¥0.93	CN¥1.92	x
2009-12-31	CN¥1.16	CN¥1.92	x
2010-12-31	CN¥1.21	CN¥1.92	x
2011-12-31	CN¥1.22	CN¥1.92	x
2012-12-31	CN¥1.26	CN¥1.92	x
2013-12-31	CN¥1.40	CN¥1.92	x
2014-12-31	CN¥1.17	CN¥1.92	x
2015-12-31	CN¥1.85	CN¥1.92	x
2016-12-31	CN¥1.75	CN¥1.92	x
2017-12-31	CN¥2.29	CN¥1.92	x
2018-12-31	CN¥1.51	CN¥1.92	x
2019-12-31	CN¥1.57	CN¥1.92	x
2020-12-31	CN¥1.57	CN¥1.92	x
2021-12-31	CN¥2.18	CN¥1.92	x
2022-12-31	CN¥2.03	CN¥1.92	x
2023-12-31	CN¥1.94	CN¥1.92	x
2024-12-31	CN¥1.80	CN¥1.92	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shenzhen Heungkong 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): 1.05%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 1.64%
• Asset Turnover: 0.22x
• Equity Multiplier: 2.85x
Recent ROE (1.05%) 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
1995	24.34%	15.27%	0.53x	3.01x	CN¥16.34 Million
1996	20.43%	17.13%	0.63x	1.90x	CN¥17.66 Million
1997	16.18%	14.27%	0.67x	1.68x	CN¥12.48 Million
1998	8.19%	12.70%	0.41x	1.58x	CN¥-6.37 Million
1999	10.18%	10.26%	0.54x	1.83x	CN¥706.46K
2000	2.43%	3.13%	0.36x	2.13x	CN¥-43.20 Million
2001	3.29%	3.64%	0.44x	2.03x	CN¥-39.61 Million
2002	4.15%	2.49%	0.77x	2.18x	CN¥-36.02 Million
2003	5.71%	2.11%	1.21x	2.24x	CN¥-28.12 Million
2004	11.52%	3.91%	0.95x	3.10x	CN¥11.43 Million
2005	1.93%	0.59%	0.97x	3.33x	CN¥-61.96 Million
2006	13.26%	4.92%	1.89x	1.42x	CN¥29.05 Million
2007	38.60%	26.02%	0.38x	3.94x	CN¥147.14 Million
2008	19.33%	10.70%	0.37x	4.93x	CN¥101.71 Million
2009	18.99%	11.79%	0.35x	4.55x	CN¥120.99 Million
2010	10.49%	7.50%	0.26x	5.33x	CN¥6.67 Million
2011	3.14%	3.38%	0.16x	5.92x	CN¥-96.14 Million
2012	2.12%	1.14%	0.22x	8.63x	CN¥-114.10 Million
2013	11.92%	6.59%	0.22x	8.25x	CN¥31.06 Million
2014	17.65%	8.22%	0.32x	6.71x	CN¥157.08 Million
2015	9.71%	10.18%	0.24x	3.90x	CN¥-12.90 Million
2016	14.12%	12.76%	0.34x	3.27x	CN¥201.50 Million
2017	10.87%	19.32%	0.23x	2.40x	CN¥66.96 Million
2018	9.87%	12.30%	0.19x	4.23x	CN¥-6.68 Million
2019	8.53%	9.23%	0.21x	4.36x	CN¥-78.60 Million
2020	5.30%	5.65%	0.19x	4.82x	CN¥-250.00 Million
2021	2.58%	3.29%	0.19x	4.07x	CN¥-540.94 Million
2022	3.66%	4.02%	0.25x	3.67x	CN¥-420.75 Million
2023	1.10%	2.11%	0.16x	3.19x	CN¥-562.34 Million
2024	1.05%	1.64%	0.22x	2.85x	CN¥-528.13 Million

Industry Comparison

This section compares Shenzhen Heungkong Holding 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: $20,188,936,151
Average return on equity (ROE) among peers: 6.83%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Shenzhen Heungkong Holding Co Ltd (600162)	CN¥5.52 Billion	24.34%	1.95x	$918.29 Million
China Vanke Co Ltd Class A (000002)	$161.68 Billion	13.00%	4.14x	$5.71 Billion
Shenzhen Zhenye Group Co Ltd (000006)	$1.24 Billion	9.78%	1.73x	$1.87 Billion
Shenzhen Properties & Resources Development Group Ltd (000011)	$566.75 Million	-4.83%	2.33x	$618.54 Million
Shahe Industry Co Ltd (000014)	$270.25 Million	10.37%	1.36x	$463.99 Million
Grandjoy Holdings Group Co Ltd (000031)	$912.52 Million	11.14%	0.63x	$1.94 Billion
China Union Holdings Ltd (000036)	$1.90 Billion	1.37%	0.39x	$1.15 Billion
Shenzhen Centralcon Investment Holding Co Ltd (000042)	$5.86 Billion	4.45%	3.98x	$949.51 Million
Shenzhen Wongtee International Enterprise Co Ltd (000056)	$4.83 Billion	-6.05%	1.43x	$246.03 Million
Financial Street Holdings Co Ltd (000402)	$24.46 Billion	11.82%	2.11x	$1.53 Billion
Chongqing Yukaifa Co Ltd (000514)	$174.08 Million	17.29%	1.07x	$637.11 Million

About Shenzhen Heungkong Holding Co Ltd

SHG:600162 China Real Estate - Development

Market Cap

$918.29 Million

CN¥6.28 Billion CNY

Market Cap Rank

#9539 Global

#2651 in China

Share Price

CN¥1.92

Change (1 day)

+1.59%

52-Week Range

CN¥1.57 - CN¥2.99

All Time High

CN¥5.11