Wolong Real Estate Group Co Ltd (600173) - Net Assets

Latest as of September 2025: CN¥4.73 Billion CNY

Based on the latest financial reports, Wolong Real Estate Group Co Ltd (600173) has net assets worth CN¥4.73 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¥8.55 Billion) and total liabilities (CN¥3.83 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¥4.73 Billion
% of Total Assets	55.26%
Annual Growth Rate	11.0%
5-Year Change	19.39%
10-Year Change	131.15%
Growth Volatility	29.77

Wolong Real Estate Group Co Ltd - Net Assets Trend (1996–2024)

This chart illustrates how Wolong Real Estate Group 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 Wolong Real Estate Group Co Ltd (1996–2024)

The table below shows the annual net assets of Wolong Real Estate Group Co Ltd from 1996 to 2024.

Year	Net Assets	Change
2024-12-31	CN¥3.77 Billion	-0.90%
2023-12-31	CN¥3.80 Billion	+2.81%
2022-12-31	CN¥3.70 Billion	+4.82%
2021-12-31	CN¥3.53 Billion	+11.79%
2020-12-31	CN¥3.16 Billion	+14.27%
2019-12-31	CN¥2.76 Billion	+19.14%
2018-12-31	CN¥2.32 Billion	+13.60%
2017-12-31	CN¥2.04 Billion	+21.84%
2016-12-31	CN¥1.68 Billion	+2.74%
2015-12-31	CN¥1.63 Billion	+1.51%
2014-12-31	CN¥1.61 Billion	+2.41%
2013-12-31	CN¥1.57 Billion	+1.73%
2012-12-31	CN¥1.54 Billion	-9.88%
2011-12-31	CN¥1.71 Billion	+0.32%
2010-12-31	CN¥1.71 Billion	+24.23%
2009-12-31	CN¥1.37 Billion	+87.03%
2008-12-31	CN¥734.24 Million	+35.72%
2007-12-31	CN¥541.01 Million	+25.93%
2006-12-31	CN¥429.60 Million	+2.42%
2005-12-31	CN¥419.43 Million	-23.84%
2004-12-31	CN¥550.69 Million	-12.33%
2003-12-31	CN¥628.17 Million	+2.03%
2002-12-31	CN¥615.69 Million	+0.51%
2001-12-31	CN¥612.56 Million	-2.76%
2000-12-31	CN¥629.97 Million	+2.49%
1999-12-31	CN¥614.66 Million	+131.80%
1998-12-31	CN¥265.17 Million	+10.32%
1997-12-31	CN¥240.37 Million	+18.44%
1996-12-31	CN¥202.95 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 10634.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥2.77 Billion	73.64%
Common Stock	CN¥700.51 Million	18.64%
Other Comprehensive Income	CN¥325.07 Million	8.65%
Total Equity	CN¥3.76 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
Greenfire Resources Ltd. NYSE:GFR	$741.28 Million
Shandong Binzhou Bohai Piston Co Ltd SHG:600960	$741.35 Million
Controladora Vuela Compañía de Aviación S.A.B. de C.V F:2CDA	$741.53 Million
Xinyaqiang Silicon Chemistry Co Ltd SHG:603155	$741.66 Million
Aeon Credit Service Bhd KLSE:5139	$740.99 Million
Jinyuan Cement Co Ltd SHE:000546	$740.80 Million
SG Mart Limited NSE:SGMART	$740.80 Million
Getein Biotech Inc SHG:603387	$740.64 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 2023 to 2024, total equity changed from 3,792,060,989 to 3,757,730,583, a change of -34,330,406 (-0.9%).
Net income of 40,862,860 contributed positively to equity growth.
Dividend payments of 49,542,544 reduced retained earnings.
Share repurchases of 34,995,092 reduced equity.
Other comprehensive income increased equity by 1,228,719.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥40.86 Million	+1.09%
Dividends Paid	CN¥49.54 Million	-1.32%
Share Repurchases	CN¥35.00 Million	-0.93%
Other Comprehensive Income	CN¥1.23 Million	+0.03%
Other Changes	CN¥8.12 Million	+0.22%
Total Change	CN¥-	-0.91%

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: 1.31x
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 14.64x to 1.31x 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¥7.23	x
1997-12-31	CN¥0.58	CN¥7.23	x
1998-12-31	CN¥0.65	CN¥7.23	x
1999-12-31	CN¥1.50	CN¥7.23	x
2000-12-31	CN¥1.53	CN¥7.23	x
2001-12-31	CN¥1.49	CN¥7.23	x
2002-12-31	CN¥1.50	CN¥7.23	x
2003-12-31	CN¥1.53	CN¥7.23	x
2004-12-31	CN¥1.34	CN¥7.23	x
2005-12-31	CN¥1.02	CN¥7.23	x
2006-12-31	CN¥1.05	CN¥7.23	x
2007-12-31	CN¥0.72	CN¥7.23	x
2008-12-31	CN¥0.85	CN¥7.23	x
2009-12-31	CN¥2.12	CN¥7.23	x
2010-12-31	CN¥1.93	CN¥7.23	x
2011-12-31	CN¥2.02	CN¥7.23	x
2012-12-31	CN¥1.93	CN¥7.23	x
2013-12-31	CN¥2.02	CN¥7.23	x
2014-12-31	CN¥2.22	CN¥7.23	x
2015-12-31	CN¥2.16	CN¥7.23	x
2016-12-31	CN¥2.31	CN¥7.23	x
2017-12-31	CN¥2.62	CN¥7.23	x
2018-12-31	CN¥3.22	CN¥7.23	x
2019-12-31	CN¥3.94	CN¥7.23	x
2020-12-31	CN¥4.51	CN¥7.23	x
2021-12-31	CN¥5.04	CN¥7.23	x
2022-12-31	CN¥5.28	CN¥7.23	x
2023-12-31	CN¥5.31	CN¥7.23	x
2024-12-31	CN¥5.52	CN¥7.23	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): 1.09%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 1.13%
• Asset Turnover: 0.61x
• Equity Multiplier: 1.56x
Recent ROE (1.09%) is below the historical average (8.93%), 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

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: $6,675,067,707
Average return on equity (ROE) among peers: 15.30%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Wolong Real Estate Group Co Ltd (600173)	CN¥4.73 Billion	17.68%	0.81x	$741.12 Million
China Vanke Co Ltd Class A (000002)	$54.59 Billion	13.34%	2.95x	$5.56 Billion
Shenzhen Zhenye Group Co Ltd (000006)	$13.20 Million	51.68%	6.55x	$1.69 Billion
Shenzhen Properties & Resources Development Group Ltd (000011)	$1.45 Billion	14.83%	1.75x	$647.92 Million
Shahe Industry Co Ltd (000014)	$348.51 Million	4.02%	1.56x	$470.01 Million
Grandjoy Holdings Group Co Ltd (000031)	$6.13 Billion	7.57%	2.29x	$1.86 Billion
China Union Holdings Ltd (000036)	$1.40 Billion	8.91%	1.88x	$1.06 Billion
Shenzhen Centralcon Investment Holding Co Ltd (000042)	$1.50 Billion	4.56%	1.93x	$853.20 Million
Financial Street Holdings Co Ltd (000402)	$897.02 Million	18.63%	2.21x	$1.34 Billion
Chongqing Yukaifa Co Ltd (000514)	$225.67 Million	23.70%	1.22x	$592.66 Million
Rongan Property Co Ltd (000517)	$192.70 Million	5.77%	0.41x	$917.84 Million

About Wolong Real Estate Group Co Ltd

SHG:600173 China Real Estate - Development

Market Cap

$741.12 Million

CN¥5.06 Billion CNY

Market Cap Rank

#11386 Global

#2943 in China

Share Price

CN¥7.23

Change (1 day)

+0.42%

52-Week Range

CN¥5.59 - CN¥10.32

All Time High

CN¥10.32