Xinhu Zhongbao Co Ltd (600208) - Net Assets
Based on the latest financial reports, Xinhu Zhongbao Co Ltd (600208) has net assets worth CN¥42.11 Billion CNY (≈ $6.16 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¥93.62 Billion ≈ $13.70 Billion USD) and total liabilities (CN¥51.51 Billion ≈ $7.54 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 how strategically is Xinhu Zhongbao Co Ltd's equity deployed to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥42.11 Billion |
| % of Total Assets | 44.98% |
| Annual Growth Rate | 25.89% |
| 5-Year Change | 2.18% |
| 10-Year Change | 39.31% |
| Growth Volatility | 61.73 |
Xinhu Zhongbao Co Ltd - Net Assets Trend (1996–2025)
This chart illustrates how Xinhu Zhongbao Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market value of Xinhu Zhongbao Co Ltd.
Annual Net Assets for Xinhu Zhongbao Co Ltd (1996–2025)
The table below shows the annual net assets of Xinhu Zhongbao Co Ltd from 1996 to 2025. Also explore Xinhu Zhongbao Co Ltd equity growth rate to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥41.65 Billion ≈ $6.09 Billion |
-1.87% |
| 2024-12-31 | CN¥42.44 Billion ≈ $6.21 Billion |
-2.85% |
| 2023-12-31 | CN¥43.69 Billion ≈ $6.39 Billion |
+4.09% |
| 2022-12-31 | CN¥41.97 Billion ≈ $6.14 Billion |
+2.96% |
| 2021-12-31 | CN¥40.76 Billion ≈ $5.96 Billion |
+5.80% |
| 2020-12-31 | CN¥38.53 Billion ≈ $5.64 Billion |
+9.57% |
| 2019-12-31 | CN¥35.16 Billion ≈ $5.15 Billion |
+2.26% |
| 2018-12-31 | CN¥34.39 Billion ≈ $5.03 Billion |
+4.52% |
| 2017-12-31 | CN¥32.90 Billion ≈ $4.81 Billion |
+10.04% |
| 2016-12-31 | CN¥29.90 Billion ≈ $4.38 Billion |
+17.71% |
| 2015-12-31 | CN¥25.40 Billion ≈ $3.72 Billion |
+23.87% |
| 2014-12-31 | CN¥20.51 Billion ≈ $3.00 Billion |
+44.76% |
| 2013-12-31 | CN¥14.17 Billion ≈ $2.07 Billion |
+1.82% |
| 2012-12-31 | CN¥13.91 Billion ≈ $2.04 Billion |
+22.57% |
| 2011-12-31 | CN¥11.35 Billion ≈ $1.66 Billion |
+26.42% |
| 2010-12-31 | CN¥8.98 Billion ≈ $1.31 Billion |
+34.23% |
| 2009-12-31 | CN¥6.69 Billion ≈ $978.87 Million |
+31.68% |
| 2008-12-31 | CN¥5.08 Billion ≈ $743.38 Million |
+21.46% |
| 2007-12-31 | CN¥4.18 Billion ≈ $612.03 Million |
+74.50% |
| 2006-12-31 | CN¥2.40 Billion ≈ $350.73 Million |
+223.05% |
| 2005-12-31 | CN¥741.95 Million ≈ $108.57 Million |
-5.60% |
| 2004-12-31 | CN¥785.94 Million ≈ $115.01 Million |
-4.15% |
| 2003-12-31 | CN¥819.96 Million ≈ $119.99 Million |
-21.74% |
| 2002-12-31 | CN¥1.05 Billion ≈ $153.32 Million |
-0.27% |
| 2001-12-31 | CN¥1.05 Billion ≈ $153.73 Million |
+8.58% |
| 2000-12-31 | CN¥967.59 Million ≈ $141.59 Million |
+66.28% |
| 1999-12-31 | CN¥581.89 Million ≈ $85.15 Million |
+163.86% |
| 1998-12-31 | CN¥220.53 Million ≈ $32.27 Million |
+28.67% |
| 1997-12-31 | CN¥171.39 Million ≈ $25.08 Million |
+226.50% |
| 1996-12-31 | CN¥52.49 Million ≈ $7.68 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Xinhu Zhongbao 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 2481614304835.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥24.81 Billion | 60.06% |
| Other Components | CN¥16.50 Billion | 39.94% |
| Total Equity | CN¥41.31 Billion | 100.00% |
Xinhu Zhongbao Co Ltd Competitors by Market Cap
The table below lists competitors of Xinhu Zhongbao Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
General de Galerias Comerciales SOCIMI S.A.
MC:GGC
|
$3.61 Billion |
|
ASSECO POLAND GDR/1 ZY 1
F:SFBG
|
$3.61 Billion |
|
Hisense Kelon Electrical Holdings Co Ltd
SHE:000921
|
$3.62 Billion |
|
Ningbo Orient Wires and Cables Co Ltd
SHG:603606
|
$3.62 Billion |
|
Dorman Products Inc
NASDAQ:DORM
|
$3.61 Billion |
|
Tel Aviv Stock Exchange
TA:TASE
|
$3.61 Billion |
|
M/I Homes Inc
NYSE:MHO
|
$3.61 Billion |
|
CRISIL Limited
NSE:CRISIL
|
$3.61 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Xinhu Zhongbao Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 41,896,593,000 to 41,313,878,581, a change of -582,714,419 (-1.4%).
- Net income of 261,125,936 contributed positively to equity growth.
- Dividend payments of 1,853,375,340 reduced retained earnings.
- Other comprehensive income increased equity by 491,766,000.
- Other factors increased equity by 517,768,985.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥261.13 Million | +0.63% |
| Dividends Paid | CN¥1.85 Billion | -4.49% |
| Other Comprehensive Income | CN¥491.77 Million | +1.19% |
| Other Changes | CN¥517.77 Million | +1.25% |
| Total Change | CN¥- | -1.39% |
Book Value vs Market Value Analysis
This analysis compares Xinhu Zhongbao 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: 0.60x
- 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 271.93x to 0.60x 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¥0.01 | CN¥2.90 | x |
| 1997-12-31 | CN¥0.03 | CN¥2.90 | x |
| 1998-12-31 | CN¥0.04 | CN¥2.90 | x |
| 1999-12-31 | CN¥0.12 | CN¥2.90 | x |
| 2000-12-31 | CN¥0.12 | CN¥2.90 | x |
| 2001-12-31 | CN¥0.12 | CN¥2.90 | x |
| 2002-12-31 | CN¥0.22 | CN¥2.90 | x |
| 2003-12-31 | CN¥0.22 | CN¥2.90 | x |
| 2004-12-31 | CN¥0.22 | CN¥2.90 | x |
| 2005-12-31 | CN¥0.22 | CN¥2.90 | x |
| 2006-12-31 | CN¥0.41 | CN¥2.90 | x |
| 2007-12-31 | CN¥0.75 | CN¥2.90 | x |
| 2008-12-31 | CN¥0.73 | CN¥2.90 | x |
| 2009-12-31 | CN¥1.04 | CN¥2.90 | x |
| 2010-12-31 | CN¥1.41 | CN¥2.90 | x |
| 2011-12-31 | CN¥1.60 | CN¥2.90 | x |
| 2012-12-31 | CN¥2.01 | CN¥2.90 | x |
| 2013-12-31 | CN¥2.10 | CN¥2.90 | x |
| 2014-12-31 | CN¥3.02 | CN¥2.90 | x |
| 2015-12-31 | CN¥2.91 | CN¥2.90 | x |
| 2016-12-31 | CN¥3.28 | CN¥2.90 | x |
| 2017-12-31 | CN¥3.78 | CN¥2.90 | x |
| 2018-12-31 | CN¥3.89 | CN¥2.90 | x |
| 2019-12-31 | CN¥4.07 | CN¥2.90 | x |
| 2020-12-31 | CN¥4.49 | CN¥2.90 | x |
| 2021-12-31 | CN¥4.75 | CN¥2.90 | x |
| 2022-12-31 | CN¥4.88 | CN¥2.90 | x |
| 2023-12-31 | CN¥4.98 | CN¥2.90 | x |
| 2024-12-31 | CN¥4.95 | CN¥2.90 | x |
| 2025-12-31 | CN¥4.86 | CN¥2.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Xinhu Zhongbao 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): 0.63%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.28%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 2.26x
- Recent ROE (0.63%) is below the historical average (8.90%), 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 | 9.83% | 2.93% | 0.49x | 6.90x | CN¥-86.56K |
| 1997 | 13.56% | 12.85% | 0.32x | 3.25x | CN¥6.06 Million |
| 1998 | 16.50% | 5.54% | 0.83x | 3.58x | CN¥13.30 Million |
| 1999 | 9.75% | 8.21% | 0.57x | 2.10x | CN¥-1.44 Million |
| 2000 | 6.59% | 3.30% | 0.52x | 3.85x | CN¥-19.70 Million |
| 2001 | 6.74% | 4.77% | 0.39x | 3.63x | CN¥-19.66 Million |
| 2002 | 2.46% | 3.80% | 0.15x | 4.29x | CN¥-46.87 Million |
| 2003 | 0.69% | 0.78% | 0.21x | 4.17x | CN¥-57.48 Million |
| 2004 | 1.06% | 0.77% | 0.34x | 4.07x | CN¥-55.44 Million |
| 2005 | 1.13% | 0.63% | 0.42x | 4.28x | CN¥-54.86 Million |
| 2006 | 11.88% | 10.96% | 0.29x | 3.70x | CN¥37.15 Million |
| 2007 | 11.05% | 13.85% | 0.29x | 2.75x | CN¥39.41 Million |
| 2008 | 18.73% | 23.98% | 0.25x | 3.08x | CN¥391.66 Million |
| 2009 | 18.24% | 18.03% | 0.29x | 3.48x | CN¥519.53 Million |
| 2010 | 18.40% | 19.16% | 0.29x | 3.36x | CN¥711.93 Million |
| 2011 | 14.39% | 21.04% | 0.19x | 3.61x | CN¥429.23 Million |
| 2012 | 18.37% | 23.31% | 0.21x | 3.70x | CN¥1.05 Billion |
| 2013 | 7.62% | 10.68% | 0.16x | 4.54x | CN¥-306.88 Million |
| 2014 | 5.63% | 9.80% | 0.16x | 3.69x | CN¥-840.16 Million |
| 2015 | 4.81% | 9.98% | 0.13x | 3.69x | CN¥-1.25 Billion |
| 2016 | 20.10% | 42.85% | 0.12x | 3.84x | CN¥2.93 Billion |
| 2017 | 10.31% | 18.98% | 0.14x | 3.87x | CN¥101.20 Million |
| 2018 | 7.45% | 14.55% | 0.12x | 4.16x | CN¥-855.72 Million |
| 2019 | 6.25% | 14.54% | 0.10x | 4.18x | CN¥-1.29 Billion |
| 2020 | 8.36% | 22.94% | 0.10x | 3.59x | CN¥-619.22 Million |
| 2021 | 5.59% | 13.24% | 0.13x | 3.31x | CN¥-1.77 Billion |
| 2022 | 4.51% | 14.40% | 0.10x | 3.02x | CN¥-2.26 Billion |
| 2023 | 3.82% | 9.48% | 0.16x | 2.59x | CN¥-2.64 Billion |
| 2024 | 2.42% | 6.16% | 0.17x | 2.32x | CN¥-3.17 Billion |
| 2025 | 0.63% | 7.28% | 0.04x | 2.26x | CN¥-3.87 Billion |
Industry Comparison
This section compares Xinhu Zhongbao 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: $4,498,701,079
- Average return on equity (ROE) among peers: 9.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Xinhu Zhongbao Co Ltd (600208) | CN¥42.11 Billion | 9.83% | 1.22x | $3.61 Billion |
| China Vanke Co Ltd Class A (000002) | $3.55 Billion | 10.76% | 1.31x | $5.42 Billion |
| Shenzhen Zhenye Group Co Ltd (000006) | $5.71 Billion | 14.12% | 1.30x | $1.44 Billion |
| Shenzhen Properties & Resources Development Group Ltd (000011) | $1.50 Billion | 24.97% | 1.66x | $743.80 Million |
| Shahe Industry Co Ltd (000014) | $800.15 Million | 0.95% | 0.91x | $385.00 Million |
| Grandjoy Holdings Group Co Ltd (000031) | $11.74 Billion | 8.05% | 5.45x | $1.51 Billion |
| China Union Holdings Ltd (000036) | $2.49 Billion | 1.38% | 0.83x | $831.96 Million |
| Shenzhen Centralcon Investment Holding Co Ltd (000042) | $2.53 Billion | 12.62% | 1.83x | $818.17 Million |
| Shenzhen Wongtee International Enterprise Co Ltd (000056) | $435.59 Million | 8.92% | 1.55x | $377.98 Million |
| Financial Street Holdings Co Ltd (000402) | $15.94 Billion | 8.57% | 1.66x | $1.22 Billion |
| Chongqing Yukaifa Co Ltd (000514) | $277.42 Million | 0.39% | 2.69x | $545.74 Million |
About Xinhu Zhongbao Co Ltd
Quzhou Xin'an Development Co., Ltd. engages in the real estate development and investment in China. It is also involved in technology investment business. The company was formerly known as Xinhu Zhongbao Co.,Ltd. and changed its name to Quzhou Xin'an Development Co., Ltd. in August 2023. Quzhou Xin'an Development Co., Ltd. was founded in 1993 and is based in Hangzhou, China.