Yunnan Metropolitan Real Estate Development Co Ltd (600239) - Net Assets

Latest as of September 2025: CN¥2.04 Billion CNY ≈ $298.16 Million USD

Based on the latest financial reports, Yunnan Metropolitan Real Estate Development Co Ltd (600239) has net assets worth CN¥2.04 Billion CNY (≈ $298.16 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¥10.36 Billion ≈ $1.52 Billion USD) and total liabilities (CN¥8.32 Billion ≈ $1.22 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 resilient are Yunnan Metropolitan Real Estate Developm's assets to evaluate the company's liquid asset resilience ratio.

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. Also explore Yunnan Metropolitan Real Estate Developm (600239) total assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see market value of Yunnan Metropolitan Real Estate Developm.

Year	Net Assets	Change
2024-12-31	CN¥2.09 Billion ≈ $305.91 Million	-10.03%
2023-12-31	CN¥2.32 Billion ≈ $340.02 Million	-8.82%
2022-12-31	CN¥2.55 Billion ≈ $372.93 Million	+2.27%
2021-12-31	CN¥2.49 Billion ≈ $364.65 Million	+33.81%
2020-12-31	CN¥1.86 Billion ≈ $272.52 Million	-66.48%
2019-12-31	CN¥5.56 Billion ≈ $813.02 Million	-38.41%
2018-12-31	CN¥9.02 Billion ≈ $1.32 Billion	+2.35%
2017-12-31	CN¥8.81 Billion ≈ $1.29 Billion	+27.45%
2016-12-31	CN¥6.92 Billion ≈ $1.01 Billion	+23.81%
2015-12-31	CN¥5.59 Billion ≈ $817.34 Million	+12.91%
2014-12-31	CN¥4.95 Billion ≈ $723.89 Million	+1.38%
2013-12-31	CN¥4.88 Billion ≈ $714.01 Million	+19.59%
2012-12-31	CN¥4.08 Billion ≈ $597.05 Million	+3.84%
2011-12-31	CN¥3.93 Billion ≈ $574.98 Million	+4.29%
2010-12-31	CN¥3.77 Billion ≈ $551.35 Million	+6.01%
2009-12-31	CN¥3.55 Billion ≈ $520.09 Million	+317.03%
2008-12-31	CN¥852.26 Million ≈ $124.71 Million	+13.84%
2007-12-31	CN¥748.66 Million ≈ $109.55 Million	+141.25%
2006-12-31	CN¥310.33 Million ≈ $45.41 Million	+0.60%
2005-12-31	CN¥308.47 Million ≈ $45.14 Million	-5.96%
2004-12-31	CN¥328.02 Million ≈ $48.00 Million	+0.67%
2003-12-31	CN¥325.85 Million ≈ $47.68 Million	-5.68%
2002-12-31	CN¥345.46 Million ≈ $50.55 Million	+3.22%
2001-12-31	CN¥334.70 Million ≈ $48.98 Million	+81.02%
2000-12-31	CN¥184.89 Million ≈ $27.06 Million	+9.48%
1999-12-31	CN¥168.88 Million ≈ $24.71 Million	+190.36%
1998-12-31	CN¥58.16 Million ≈ $8.51 Million	+4.18%
1997-12-31	CN¥55.83 Million ≈ $8.17 Million	+16.04%
1996-12-31	CN¥48.11 Million ≈ $7.04 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
Nanjing Huamai Tech Co Ltd SHG:603042	$453.54 Million
Dongguan Chitwing Technology Co Ltd SHE:002855	$453.62 Million
Miller Industries Inc NYSE:MLR	$453.63 Million
Yunnan Jianzhijia Health-Chain Co Ltd SHG:605266	$453.65 Million
Guangdong New Grand Long Packing Co Ltd SHE:002836	$453.46 Million
Leenos Corp KQ:039980	$453.43 Million
Shanghai Tianyong Engineering Co Ltd SHG:603895	$453.43 Million
Inst Diagnosti SN:INDISA	$453.40 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: 2.41x
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 25.52x to 2.41x 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¥1.93	x
1997-12-31	CN¥0.09	CN¥1.93	x
1998-12-31	CN¥0.09	CN¥1.93	x
1999-12-31	CN¥0.27	CN¥1.93	x
2000-12-31	CN¥0.29	CN¥1.93	x
2001-12-31	CN¥0.52	CN¥1.93	x
2002-12-31	CN¥0.54	CN¥1.93	x
2003-12-31	CN¥0.51	CN¥1.93	x
2004-12-31	CN¥0.51	CN¥1.93	x
2005-12-31	CN¥0.48	CN¥1.93	x
2006-12-31	CN¥0.38	CN¥1.93	x
2007-12-31	CN¥0.65	CN¥1.93	x
2008-12-31	CN¥0.61	CN¥1.93	x
2009-12-31	CN¥1.98	CN¥1.93	x
2010-12-31	CN¥2.01	CN¥1.93	x
2011-12-31	CN¥2.14	CN¥1.93	x
2012-12-31	CN¥2.27	CN¥1.93	x
2013-12-31	CN¥2.38	CN¥1.93	x
2014-12-31	CN¥2.50	CN¥1.93	x
2015-12-31	CN¥2.67	CN¥1.93	x
2016-12-31	CN¥2.84	CN¥1.93	x
2017-12-31	CN¥3.20	CN¥1.93	x
2018-12-31	CN¥3.22	CN¥1.93	x
2019-12-31	CN¥1.69	CN¥1.93	x
2020-12-31	CN¥-0.24	CN¥1.93	x
2021-12-31	CN¥0.44	CN¥1.93	x
2022-12-31	CN¥0.90	CN¥1.93	x
2023-12-31	CN¥0.90	CN¥1.93	x
2024-12-31	CN¥0.80	CN¥1.93	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: $1,681,055,904
Average return on equity (ROE) among peers: 10.15%

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	$453.48 Million
China Vanke Co Ltd Class A (000002)	$2.15 Billion	10.68%	1.09x	$5.56 Billion
Shenzhen Zhenye Group Co Ltd (000006)	$347.86 Million	16.58%	0.44x	$1.92 Billion
Shenzhen Properties & Resources Development Group Ltd (000011)	$566.75 Million	-4.83%	2.33x	$623.95 Million
Shahe Industry Co Ltd (000014)	$1.68 Billion	0.98%	0.31x	$467.53 Million
Grandjoy Holdings Group Co Ltd (000031)	$7.12 Billion	5.93%	3.58x	$1.92 Billion
China Union Holdings Ltd (000036)	$2.30 Billion	3.02%	0.68x	$1.15 Billion
Shenzhen Centralcon Investment Holding Co Ltd (000042)	$167.35 Million	57.44%	2.45x	$936.86 Million
Shenzhen Wongtee International Enterprise Co Ltd (000056)	$214.45 Million	3.27%	2.40x	$239.16 Million
Financial Street Holdings Co Ltd (000402)	$167.24 Million	2.28%	0.98x	$1.39 Billion
Chongqing Yukaifa Co Ltd (000514)	$2.11 Billion	6.12%	0.46x	$608.71 Million

About Yunnan Metropolitan Real Estate Development Co Ltd

SHG:600239 China Real Estate - Development

Market Cap

$453.48 Million

CN¥3.10 Billion CNY

Market Cap Rank

#13053 Global

#4103 in China

Share Price

CN¥1.93

Change (1 day)

-4.93%

52-Week Range

CN¥1.93 - CN¥2.99

All Time High

CN¥6.07