Yunnan Metropolitan Real Estate Development Co Ltd (600239) - Net Assets
Based on the latest financial reports, Yunnan Metropolitan Real Estate Development Co Ltd (600239) has net assets worth CN¥1.72 Billion CNY (≈ $251.84 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥9.00 Billion ≈ $1.32 Billion USD) and total liabilities (CN¥7.27 Billion ≈ $1.06 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 600239 strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.72 Billion |
| % of Total Assets | 19.13% |
| Annual Growth Rate | 13.18% |
| 5-Year Change | -30.02% |
| 10-Year Change | -74.78% |
| Growth Volatility | 72.69 |
Yunnan Metropolitan Real Estate Development Co Ltd - Net Assets Trend (1996–2025)
This chart illustrates how Yunnan Metropolitan Real Estate Development Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see 600239 company net worth.
Annual Net Assets for Yunnan Metropolitan Real Estate Development Co Ltd (1996–2025)
The table below shows the annual net assets of Yunnan Metropolitan Real Estate Development Co Ltd from 1996 to 2025. Also explore how fast is Yunnan Metropolitan Real Estate Developm growing its equity to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.74 Billion ≈ $255.17 Million |
-16.59% |
| 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 |
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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 63813.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥6.55 Billion | 634.03% |
| Total Equity | CN¥1.03 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 |
|---|---|
|
Beijing YJK Building Software Co.Ltd.
SHE:300935
|
$338.35 Million |
|
BP p.l.c
LSE:BP-A
|
$338.36 Million |
|
Hagag Group
TA:HGG
|
$338.41 Million |
|
Formycon AG
XETRA:FYB
|
$338.61 Million |
|
Wuxi Lihu Corporation Limited Class A
SHE:300694
|
$338.29 Million |
|
BlackRock TCP Capital Corp
NASDAQ:TCPC
|
$338.13 Million |
|
Harbin VITI Electronics Corp
SHG:603023
|
$338.11 Million |
|
StealthGas Inc
NASDAQ:GASS
|
$338.02 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 2024 to 2025, total equity changed from 1,317,805,479 to 1,032,803,965, a change of -285,001,514 (-21.6%).
- Net loss of 285,001,514 reduced equity.
- Dividend payments of 137,891,729 reduced retained earnings.
- Other comprehensive income decreased equity by 3,646,848,435.
- Other factors increased equity by 3,784,740,165.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-285.00 Million | -27.59% |
| Dividends Paid | CN¥137.89 Million | -13.35% |
| Other Comprehensive Income | CN¥-3.65 Billion | -353.1% |
| Other Changes | CN¥3.78 Billion | +366.45% |
| Total Change | CN¥- | -21.63% |
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: 2.24x
- 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 19.04x to 2.24x 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¥1.44 | x |
| 1997-12-31 | CN¥0.09 | CN¥1.44 | x |
| 1998-12-31 | CN¥0.09 | CN¥1.44 | x |
| 1999-12-31 | CN¥0.27 | CN¥1.44 | x |
| 2000-12-31 | CN¥0.29 | CN¥1.44 | x |
| 2001-12-31 | CN¥0.52 | CN¥1.44 | x |
| 2002-12-31 | CN¥0.54 | CN¥1.44 | x |
| 2003-12-31 | CN¥0.51 | CN¥1.44 | x |
| 2004-12-31 | CN¥0.51 | CN¥1.44 | x |
| 2005-12-31 | CN¥0.48 | CN¥1.44 | x |
| 2006-12-31 | CN¥0.38 | CN¥1.44 | x |
| 2007-12-31 | CN¥0.65 | CN¥1.44 | x |
| 2008-12-31 | CN¥0.61 | CN¥1.44 | x |
| 2009-12-31 | CN¥1.98 | CN¥1.44 | x |
| 2010-12-31 | CN¥2.01 | CN¥1.44 | x |
| 2011-12-31 | CN¥2.14 | CN¥1.44 | x |
| 2012-12-31 | CN¥2.27 | CN¥1.44 | x |
| 2013-12-31 | CN¥2.38 | CN¥1.44 | x |
| 2014-12-31 | CN¥2.50 | CN¥1.44 | x |
| 2015-12-31 | CN¥2.67 | CN¥1.44 | x |
| 2016-12-31 | CN¥2.84 | CN¥1.44 | x |
| 2017-12-31 | CN¥3.20 | CN¥1.44 | x |
| 2018-12-31 | CN¥3.22 | CN¥1.44 | x |
| 2019-12-31 | CN¥1.69 | CN¥1.44 | x |
| 2020-12-31 | CN¥-0.24 | CN¥1.44 | x |
| 2021-12-31 | CN¥0.44 | CN¥1.44 | x |
| 2022-12-31 | CN¥0.90 | CN¥1.44 | x |
| 2023-12-31 | CN¥0.90 | CN¥1.44 | x |
| 2024-12-31 | CN¥0.80 | CN¥1.44 | x |
| 2025-12-31 | CN¥0.64 | CN¥1.44 | 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): -27.59%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -16.24%
- • Asset Turnover: 0.18x
- • Equity Multiplier: 9.38x
- Recent ROE (-27.59%) is below the historical average (-4.15%), 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 |
| 2025 | -27.59% | -16.24% | 0.18x | 9.38x | CN¥-388.28 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: $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 |
|---|---|---|---|---|
| Yunnan Metropolitan Real Estate Development Co Ltd (600239) | CN¥1.72 Billion | 22.47% | 4.23x | $338.35 Million |
| 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 Yunnan Metropolitan Real Estate Development Co Ltd
Yunnan Metropolitan Real Estate Development Co., Ltd., together with its subsidiaries, engages in the real estate business in China. The company is involved in real estate development and operation; sale of commercial housing; housing leasing; infrastructure; construction investment; land development; and project investment and management. It also engages in property and hotel management; enterpr… Read more