Wolong Real Estate Group Co Ltd (600173) - Net Assets
Based on the latest financial reports, Wolong Real Estate Group Co Ltd (600173) has net assets worth CN¥4.49 Billion CNY (≈ $657.68 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¥8.63 Billion ≈ $1.26 Billion USD) and total liabilities (CN¥4.13 Billion ≈ $604.49 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. Explore 600173 cash generation efficiency to assess how effectively this company generates cash.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥4.49 Billion |
| % of Total Assets | 52.11% |
| Annual Growth Rate | 11.25% |
| 5-Year Change | 26.62% |
| 10-Year Change | 166.72% |
| Growth Volatility | 29.26 |
Wolong Real Estate Group Co Ltd - Net Assets Trend (1996–2025)
This chart illustrates how Wolong Real Estate Group Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore Wolong Real Estate Group Co Ltd long-term investment intensity to see how much of total assets are deployed in long-term investments.
Annual Net Assets for Wolong Real Estate Group Co Ltd (1996–2025)
The table below shows the annual net assets of Wolong Real Estate Group Co Ltd from 1996 to 2025. For live valuation and market cap data, see 600173 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥4.47 Billion ≈ $654.08 Million |
+18.55% |
| 2024-12-31 | CN¥3.77 Billion ≈ $551.72 Million |
-0.90% |
| 2023-12-31 | CN¥3.80 Billion ≈ $556.72 Million |
+2.81% |
| 2022-12-31 | CN¥3.70 Billion ≈ $541.48 Million |
+4.82% |
| 2021-12-31 | CN¥3.53 Billion ≈ $516.58 Million |
+11.79% |
| 2020-12-31 | CN¥3.16 Billion ≈ $462.11 Million |
+14.27% |
| 2019-12-31 | CN¥2.76 Billion ≈ $404.39 Million |
+19.14% |
| 2018-12-31 | CN¥2.32 Billion ≈ $339.43 Million |
+13.60% |
| 2017-12-31 | CN¥2.04 Billion ≈ $298.80 Million |
+21.84% |
| 2016-12-31 | CN¥1.68 Billion ≈ $245.23 Million |
+2.74% |
| 2015-12-31 | CN¥1.63 Billion ≈ $238.68 Million |
+1.51% |
| 2014-12-31 | CN¥1.61 Billion ≈ $235.13 Million |
+2.41% |
| 2013-12-31 | CN¥1.57 Billion ≈ $229.60 Million |
+1.73% |
| 2012-12-31 | CN¥1.54 Billion ≈ $225.70 Million |
-9.88% |
| 2011-12-31 | CN¥1.71 Billion ≈ $250.44 Million |
+0.32% |
| 2010-12-31 | CN¥1.71 Billion ≈ $249.64 Million |
+24.23% |
| 2009-12-31 | CN¥1.37 Billion ≈ $200.95 Million |
+87.03% |
| 2008-12-31 | CN¥734.24 Million ≈ $107.44 Million |
+35.72% |
| 2007-12-31 | CN¥541.01 Million ≈ $79.17 Million |
+25.93% |
| 2006-12-31 | CN¥429.60 Million ≈ $62.86 Million |
+2.42% |
| 2005-12-31 | CN¥419.43 Million ≈ $61.38 Million |
-23.84% |
| 2004-12-31 | CN¥550.69 Million ≈ $80.58 Million |
-12.33% |
| 2003-12-31 | CN¥628.17 Million ≈ $91.92 Million |
+2.03% |
| 2002-12-31 | CN¥615.69 Million ≈ $90.09 Million |
+0.51% |
| 2001-12-31 | CN¥612.56 Million ≈ $89.64 Million |
-2.76% |
| 2000-12-31 | CN¥629.97 Million ≈ $92.18 Million |
+2.49% |
| 1999-12-31 | CN¥614.66 Million ≈ $89.94 Million |
+131.80% |
| 1998-12-31 | CN¥265.17 Million ≈ $38.80 Million |
+10.32% |
| 1997-12-31 | CN¥240.37 Million ≈ $35.17 Million |
+18.44% |
| 1996-12-31 | CN¥202.95 Million ≈ $29.70 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Wolong Real Estate Group 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 9907.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.58 Billion | 72.35% |
| Common Stock | CN¥700.51 Million | 19.65% |
| Other Comprehensive Income | CN¥320.29 Million | 8.98% |
| Total Equity | CN¥3.57 Billion | 100.00% |
Wolong Real Estate Group Co Ltd Competitors by Market Cap
The table below lists competitors of Wolong Real Estate Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Polyrocks Chemical Co Ltd
SHG:688669
|
$715.52 Million |
|
Harbin Jiuzhou Electrical Co Ltd
SHE:300040
|
$715.55 Million |
|
EZTEC Empreendimentos e Participações S.A
SA:EZTC3
|
$715.66 Million |
|
AP (Thailand) Public Company Limited
BK:AP
|
$715.80 Million |
|
Beijing Telesound Electronics Co Ltd
SHE:003004
|
$715.27 Million |
|
BCI Minerals Ltd
AU:BCI
|
$715.08 Million |
|
Green Dot Corporation
NYSE:GDOT
|
$715.07 Million |
|
Minerva S.A
SA:BEEF3
|
$714.95 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wolong Real Estate Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,757,730,583 to 3,565,357,631, a change of -192,372,952 (-5.1%).
- Net loss of 186,972,128 reduced equity.
- Dividend payments of 37,914,623 reduced retained earnings.
- Other comprehensive income decreased equity by 4,784,109.
- Other factors increased equity by 37,297,908.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-186.97 Million | -5.24% |
| Dividends Paid | CN¥37.91 Million | -1.06% |
| Other Comprehensive Income | CN¥-4.78 Million | -0.13% |
| Other Changes | CN¥37.30 Million | +1.05% |
| Total Change | CN¥- | -5.12% |
Book Value vs Market Value Analysis
This analysis compares Wolong Real Estate Group 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: 1.36x
- 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 14.13x to 1.36x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-12-31 | CN¥0.49 | CN¥6.98 | x |
| 1997-12-31 | CN¥0.58 | CN¥6.98 | x |
| 1998-12-31 | CN¥0.65 | CN¥6.98 | x |
| 1999-12-31 | CN¥1.50 | CN¥6.98 | x |
| 2000-12-31 | CN¥1.53 | CN¥6.98 | x |
| 2001-12-31 | CN¥1.49 | CN¥6.98 | x |
| 2002-12-31 | CN¥1.50 | CN¥6.98 | x |
| 2003-12-31 | CN¥1.53 | CN¥6.98 | x |
| 2004-12-31 | CN¥1.34 | CN¥6.98 | x |
| 2005-12-31 | CN¥1.02 | CN¥6.98 | x |
| 2006-12-31 | CN¥1.05 | CN¥6.98 | x |
| 2007-12-31 | CN¥0.72 | CN¥6.98 | x |
| 2008-12-31 | CN¥0.85 | CN¥6.98 | x |
| 2009-12-31 | CN¥2.12 | CN¥6.98 | x |
| 2010-12-31 | CN¥1.93 | CN¥6.98 | x |
| 2011-12-31 | CN¥2.02 | CN¥6.98 | x |
| 2012-12-31 | CN¥1.93 | CN¥6.98 | x |
| 2013-12-31 | CN¥2.02 | CN¥6.98 | x |
| 2014-12-31 | CN¥2.22 | CN¥6.98 | x |
| 2015-12-31 | CN¥2.16 | CN¥6.98 | x |
| 2016-12-31 | CN¥2.31 | CN¥6.98 | x |
| 2017-12-31 | CN¥2.62 | CN¥6.98 | x |
| 2018-12-31 | CN¥3.22 | CN¥6.98 | x |
| 2019-12-31 | CN¥3.94 | CN¥6.98 | x |
| 2020-12-31 | CN¥4.51 | CN¥6.98 | x |
| 2021-12-31 | CN¥5.04 | CN¥6.98 | x |
| 2022-12-31 | CN¥5.28 | CN¥6.98 | x |
| 2023-12-31 | CN¥5.31 | CN¥6.98 | x |
| 2024-12-31 | CN¥5.52 | CN¥6.98 | x |
| 2025-12-31 | CN¥5.15 | CN¥6.98 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wolong Real Estate Group 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): -5.24%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.17%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 2.41x
- Recent ROE (-5.24%) is below the historical average (8.45%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | 17.68% | 9.81% | 0.82x | 2.20x | CN¥15.59 Million |
| 1997 | 15.57% | 10.42% | 0.78x | 1.93x | CN¥13.38 Million |
| 1998 | 20.67% | 14.08% | 0.69x | 2.14x | CN¥28.29 Million |
| 1999 | 9.03% | 14.00% | 0.44x | 1.47x | CN¥-5.97 Million |
| 2000 | 9.26% | 14.10% | 0.43x | 1.53x | CN¥-4.63 Million |
| 2001 | 6.18% | 9.74% | 0.33x | 1.90x | CN¥-23.39 Million |
| 2002 | 0.54% | 0.81% | 0.36x | 1.88x | CN¥-58.24 Million |
| 2003 | 0.21% | 0.32% | 0.37x | 1.76x | CN¥-61.50 Million |
| 2004 | -14.76% | -20.98% | 0.38x | 1.85x | CN¥-136.35 Million |
| 2005 | -31.99% | -54.78% | 0.27x | 2.14x | CN¥-176.10 Million |
| 2006 | 2.12% | 5.10% | 0.19x | 2.20x | CN¥-33.85 Million |
| 2007 | 27.83% | 15.70% | 0.35x | 5.13x | CN¥76.96 Million |
| 2008 | 20.30% | 12.31% | 0.39x | 4.18x | CN¥51.97 Million |
| 2009 | 10.86% | 13.08% | 0.33x | 2.52x | CN¥10.82 Million |
| 2010 | 19.19% | 12.29% | 0.60x | 2.60x | CN¥129.41 Million |
| 2011 | 9.40% | 14.19% | 0.31x | 2.12x | CN¥-8.98 Million |
| 2012 | 5.17% | 9.68% | 0.23x | 2.35x | CN¥-69.25 Million |
| 2013 | 4.47% | 6.43% | 0.29x | 2.41x | CN¥-81.00 Million |
| 2014 | 16.19% | 13.38% | 0.44x | 2.77x | CN¥99.38 Million |
| 2015 | 3.71% | 3.95% | 0.35x | 2.70x | CN¥-102.63 Million |
| 2016 | 4.82% | 5.76% | 0.34x | 2.46x | CN¥-86.74 Million |
| 2017 | 16.38% | 20.20% | 0.27x | 3.00x | CN¥122.68 Million |
| 2018 | 24.88% | 20.38% | 0.46x | 2.64x | CN¥345.00 Million |
| 2019 | 18.48% | 26.58% | 0.25x | 2.78x | CN¥234.24 Million |
| 2020 | 15.34% | 21.23% | 0.29x | 2.49x | CN¥168.62 Million |
| 2021 | 13.45% | 18.96% | 0.34x | 2.09x | CN¥121.78 Million |
| 2022 | 8.43% | 5.95% | 0.81x | 1.75x | CN¥-58.21 Million |
| 2023 | 4.34% | 3.46% | 0.77x | 1.64x | CN¥-214.80 Million |
| 2024 | 1.09% | 1.13% | 0.61x | 1.56x | CN¥-334.91 Million |
| 2025 | -5.24% | -6.17% | 0.35x | 2.41x | CN¥-543.51 Million |
Industry Comparison
This section compares Wolong Real Estate Group 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: $6,927,965,120
- Average return on equity (ROE) among peers: 7.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wolong Real Estate Group Co Ltd (600173) | CN¥4.49 Billion | 17.68% | 0.92x | $715.49 Million |
| China Vanke Co Ltd Class A (000002) | $45.41 Billion | 11.74% | 2.03x | $5.05 Billion |
| Shenzhen Zhenye Group Co Ltd (000006) | $7.44 Billion | -10.79% | 2.48x | $1.80 Billion |
| Shenzhen Properties & Resources Development Group Ltd (000011) | $1.80 Billion | 16.68% | 1.15x | $568.29 Million |
| Shahe Industry Co Ltd (000014) | $1.71 Billion | 30.50% | 0.47x | $377.92 Million |
| Grandjoy Holdings Group Co Ltd (000031) | $1.05 Billion | 5.59% | 0.57x | $1.64 Billion |
| China Union Holdings Ltd (000036) | $126.90 Million | 10.21% | 0.66x | $1.07 Billion |
| Shenzhen Centralcon Investment Holding Co Ltd (000042) | $8.23 Billion | 0.79% | 4.04x | $953.40 Million |
| Shenzhen Wongtee International Enterprise Co Ltd (000056) | $-387.81 Million | 0.00% | 0.00x | $219.92 Million |
| Financial Street Holdings Co Ltd (000402) | $167.24 Million | 2.28% | 0.98x | $1.35 Billion |
| Chongqing Yukaifa Co Ltd (000514) | $3.74 Billion | 7.06% | 0.74x | $549.44 Million |
About Wolong Real Estate Group Co Ltd
Wolong New Energy Group Co., Ltd. engages in the development and sale of real estate properties in China. It also provides equipment and energy storage system solutions for new energy storage to customers on the grid side and in industrial and commercial sectors. The company was formerly known as Wolong Resources Group Co., Ltd. and changed its name to Wolong New Energy Group Co., Ltd. in April 2… Read more