Yunnan Metropolitan Real Estate Development Co Ltd
Yunnan Metropolitan RealEstate Development Co.Ltd engages in the real estate development and management businesses in China. It is also involved in the commercial operation management; commercial housing sales; housing leasing; infrastructure construction investment; land development; and project investment and management activities, as well as hotel operations management. Yunnan Metropolitan Rea… Read more
Yunnan Metropolitan Real Estate Development Co Ltd (600239) - Net Assets
Latest net assets as of September 2025: CN¥2.04 Billion CNY
Based on the latest financial reports, Yunnan Metropolitan Real Estate Development Co Ltd (600239) has net assets worth CN¥2.04 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¥10.36 Billion) and total liabilities (CN¥8.32 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¥2.04 Billion |
| % of Total Assets | 19.66% |
| Annual Growth Rate | 14.42% |
| 5-Year Change | 12.25% |
| 10-Year Change | -62.57% |
| Growth Volatility | 73.52 |
Yunnan Metropolitan Real Estate Development Co Ltd - Net Assets Trend (1996–2024)
This chart illustrates how Yunnan Metropolitan Real Estate Development 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 Yunnan Metropolitan Real Estate Development Co Ltd (1996–2024)
The table below shows the annual net assets of Yunnan Metropolitan Real Estate Development Co Ltd from 1996 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.09 Billion | -10.03% |
| 2023-12-31 | CN¥2.32 Billion | -8.82% |
| 2022-12-31 | CN¥2.55 Billion | +2.27% |
| 2021-12-31 | CN¥2.49 Billion | +33.81% |
| 2020-12-31 | CN¥1.86 Billion | -66.48% |
| 2019-12-31 | CN¥5.56 Billion | -38.41% |
| 2018-12-31 | CN¥9.02 Billion | +2.35% |
| 2017-12-31 | CN¥8.81 Billion | +27.45% |
| 2016-12-31 | CN¥6.92 Billion | +23.81% |
| 2015-12-31 | CN¥5.59 Billion | +12.91% |
| 2014-12-31 | CN¥4.95 Billion | +1.38% |
| 2013-12-31 | CN¥4.88 Billion | +19.59% |
| 2012-12-31 | CN¥4.08 Billion | +3.84% |
| 2011-12-31 | CN¥3.93 Billion | +4.29% |
| 2010-12-31 | CN¥3.77 Billion | +6.01% |
| 2009-12-31 | CN¥3.55 Billion | +317.03% |
| 2008-12-31 | CN¥852.26 Million | +13.84% |
| 2007-12-31 | CN¥748.66 Million | +141.25% |
| 2006-12-31 | CN¥310.33 Million | +0.60% |
| 2005-12-31 | CN¥308.47 Million | -5.96% |
| 2004-12-31 | CN¥328.02 Million | +0.67% |
| 2003-12-31 | CN¥325.85 Million | -5.68% |
| 2002-12-31 | CN¥345.46 Million | +3.22% |
| 2001-12-31 | CN¥334.70 Million | +81.02% |
| 2000-12-31 | CN¥184.89 Million | +9.48% |
| 1999-12-31 | CN¥168.88 Million | +190.36% |
| 1998-12-31 | CN¥58.16 Million | +4.18% |
| 1997-12-31 | CN¥55.83 Million | +16.04% |
| 1996-12-31 | CN¥48.11 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Yunnan Metropolitan Real Estate Development 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 decreased by 60521.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥1.61 Billion | 121.85% |
| Other Comprehensive Income | CN¥3.65 Billion | 276.74% |
| Other Components | CN¥1.30 Billion | 98.32% |
| Total Equity | CN¥1.32 Billion | 100.00% |
Yunnan Metropolitan Real Estate Development Co Ltd Competitors by Market Cap
The table below lists competitors of Yunnan Metropolitan Real Estate Development Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Everbright Jiabao Co Ltd
SHG:600622
|
$299.85 Million |
|
Jiangsu Jujie Microfiber Technology
SHE:300819
|
$299.85 Million |
|
Seobu T&D Co. Ltd
KQ:006730
|
$299.85 Million |
|
Beijing Zhongkehaixun Digital S T
SHE:300810
|
$300.03 Million |
|
Guotai Epoint Software Co Ltd
SHG:688232
|
$299.75 Million |
|
Xiamen International Airport Co Ltd
SHG:600897
|
$299.71 Million |
|
California BanCorp
F:KZ9
|
$299.69 Million |
|
Vulcabras Azaleia S.A
SA:VULC3
|
$299.63 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Yunnan Metropolitan Real Estate Development Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,367,264,662 to 1,317,805,479, a change of -49,459,183 (-3.6%).
- Net loss of 49,459,183 reduced equity.
- Dividend payments of 144,832,631 reduced retained earnings.
- Other factors increased equity by 144,832,631.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-49.46 Million | -3.75% |
| Dividends Paid | CN¥144.83 Million | -10.99% |
| Other Changes | CN¥144.83 Million | +10.99% |
| Total Change | CN¥- | -3.62% |
Book Value vs Market Value Analysis
This analysis compares Yunnan Metropolitan Real Estate Development 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: 2.88x
- 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 30.41x to 2.88x 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¥0.08 | CN¥2.30 | x |
| 1997-12-31 | CN¥0.09 | CN¥2.30 | x |
| 1998-12-31 | CN¥0.09 | CN¥2.30 | x |
| 1999-12-31 | CN¥0.27 | CN¥2.30 | x |
| 2000-12-31 | CN¥0.29 | CN¥2.30 | x |
| 2001-12-31 | CN¥0.52 | CN¥2.30 | x |
| 2002-12-31 | CN¥0.54 | CN¥2.30 | x |
| 2003-12-31 | CN¥0.51 | CN¥2.30 | x |
| 2004-12-31 | CN¥0.51 | CN¥2.30 | x |
| 2005-12-31 | CN¥0.48 | CN¥2.30 | x |
| 2006-12-31 | CN¥0.38 | CN¥2.30 | x |
| 2007-12-31 | CN¥0.65 | CN¥2.30 | x |
| 2008-12-31 | CN¥0.61 | CN¥2.30 | x |
| 2009-12-31 | CN¥1.98 | CN¥2.30 | x |
| 2010-12-31 | CN¥2.01 | CN¥2.30 | x |
| 2011-12-31 | CN¥2.14 | CN¥2.30 | x |
| 2012-12-31 | CN¥2.27 | CN¥2.30 | x |
| 2013-12-31 | CN¥2.38 | CN¥2.30 | x |
| 2014-12-31 | CN¥2.50 | CN¥2.30 | x |
| 2015-12-31 | CN¥2.67 | CN¥2.30 | x |
| 2016-12-31 | CN¥2.84 | CN¥2.30 | x |
| 2017-12-31 | CN¥3.20 | CN¥2.30 | x |
| 2018-12-31 | CN¥3.22 | CN¥2.30 | x |
| 2019-12-31 | CN¥1.69 | CN¥2.30 | x |
| 2020-12-31 | CN¥-0.24 | CN¥2.30 | x |
| 2021-12-31 | CN¥0.44 | CN¥2.30 | x |
| 2022-12-31 | CN¥0.90 | CN¥2.30 | x |
| 2023-12-31 | CN¥0.90 | CN¥2.30 | x |
| 2024-12-31 | CN¥0.80 | CN¥2.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Yunnan Metropolitan Real Estate Development 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): -3.75%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.56%
- • Asset Turnover: 0.18x
- • Equity Multiplier: 8.34x
- Recent ROE (-3.75%) is below the historical average (-3.34%), 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 | 22.47% | 23.28% | 0.70x | 1.39x | CN¥6.00 Million |
| 1997 | 21.56% | 25.09% | 0.55x | 1.55x | CN¥6.45 Million |
| 1998 | 19.78% | 23.50% | 0.59x | 1.43x | CN¥5.69 Million |
| 1999 | 6.60% | 27.74% | 0.21x | 1.12x | CN¥-5.75 Million |
| 2000 | 11.40% | 37.33% | 0.26x | 1.16x | CN¥2.58 Million |
| 2001 | 6.09% | 29.11% | 0.19x | 1.12x | CN¥-12.96 Million |
| 2002 | 3.14% | 17.06% | 0.18x | 1.03x | CN¥-23.49 Million |
| 2003 | -5.48% | -33.44% | 0.16x | 1.06x | CN¥-50.05 Million |
| 2004 | 0.16% | 0.88% | 0.17x | 1.03x | CN¥-31.94 Million |
| 2005 | -5.35% | -38.08% | 0.13x | 1.06x | CN¥-46.88 Million |
| 2006 | 1.75% | 12.91% | 0.12x | 1.13x | CN¥-25.43 Million |
| 2007 | 6.66% | 12.68% | 0.39x | 1.34x | CN¥-23.88 Million |
| 2008 | 7.50% | 13.48% | 0.29x | 1.93x | CN¥-19.28 Million |
| 2009 | 7.14% | 10.08% | 0.22x | 3.15x | CN¥-84.65 Million |
| 2010 | 10.22% | 100.52% | 0.03x | 3.73x | CN¥7.00 Million |
| 2011 | 5.76% | 119.07% | 0.01x | 4.07x | CN¥-143.85 Million |
| 2012 | 6.10% | 61.57% | 0.02x | 6.22x | CN¥-139.31 Million |
| 2013 | 8.42% | 10.80% | 0.12x | 6.37x | CN¥-60.04 Million |
| 2014 | 10.93% | 11.17% | 0.12x | 8.31x | CN¥37.67 Million |
| 2015 | 6.48% | 6.94% | 0.09x | 10.51x | CN¥-151.26 Million |
| 2016 | 5.27% | 2.50% | 0.15x | 13.86x | CN¥-218.78 Million |
| 2017 | 5.00% | 1.83% | 0.18x | 14.92x | CN¥-264.11 Million |
| 2018 | 8.70% | 5.15% | 0.11x | 15.02x | CN¥-73.69 Million |
| 2019 | -128.03% | -55.73% | 0.07x | 32.68x | CN¥-3.75 Billion |
| 2020 | 0.00% | -58.87% | 0.05x | 0.00x | CN¥-2.55 Billion |
| 2021 | -71.85% | -8.38% | 0.15x | 57.02x | CN¥-577.33 Million |
| 2022 | -57.90% | -32.62% | 0.19x | 9.35x | CN¥-982.54 Million |
| 2023 | -5.55% | -3.89% | 0.16x | 9.00x | CN¥-212.56 Million |
| 2024 | -3.75% | -2.56% | 0.18x | 8.34x | CN¥-181.24 Million |
Industry Comparison
This section compares Yunnan Metropolitan Real Estate Development 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: $9,981,031,371
- Average return on equity (ROE) among peers: 6.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Yunnan Metropolitan Real Estate Development Co Ltd (600239) | CN¥2.04 Billion | 22.47% | 4.09x | $299.82 Million |
| China Vanke Co Ltd Class A (000002) | $2.15 Billion | 10.68% | 1.09x | $5.28 Billion |
| Shenzhen Zhenye Group Co Ltd (000006) | $2.89 Billion | 15.02% | 1.88x | $1.04 Billion |
| Shahe Industry Co Ltd (000014) | $605.85 Million | 8.96% | 1.98x | $312.36 Million |
| Grandjoy Holdings Group Co Ltd (000031) | $52.09 Billion | 0.21% | 3.08x | $571.80 Million |
| China Union Holdings Ltd (000036) | $2.68 Billion | 2.58% | 1.41x | $356.29 Million |
| Shenzhen Centralcon Investment Holding Co Ltd (000042) | $1.74 Billion | 0.39% | 2.19x | $315.70 Million |
| Shenzhen Wongtee International Enterprise Co Ltd (000056) | $5.55 Billion | 0.90% | 1.24x | $213.53 Million |
| Financial Street Holdings Co Ltd (000402) | $31.13 Billion | 9.01% | 2.62x | $785.44 Million |
| Chongqing Yukaifa Co Ltd (000514) | $147.43 Million | 10.06% | 0.84x | $208.71 Million |
| Rongan Property Co Ltd (000517) | $819.92 Million | 2.19% | 0.80x | $214.19 Million |