Beijing Vantone Real Estate Co Ltd (600246) - Net Assets

Latest as of March 2026: CN¥4.77 Billion CNY ≈ $697.78 Million USD

Based on the latest financial reports, Beijing Vantone Real Estate Co Ltd (600246) has net assets worth CN¥4.77 Billion CNY (≈ $697.78 Million 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¥7.39 Billion ≈ $1.08 Billion USD) and total liabilities (CN¥2.62 Billion ≈ $382.94 Million 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 tangible equity quality of Beijing Vantone Real Estate Co Ltd to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥4.77 Billion
% of Total Assets	64.57%
Annual Growth Rate	16.98%
5-Year Change	-34.11%
10-Year Change	-28.78%
Growth Volatility	56.78

Beijing Vantone Real Estate Co Ltd - Net Assets Trend (1997–2025)

This chart illustrates how Beijing Vantone Real Estate Co Ltd's net assets have evolved over time, based on quarterly financial data. See 600246 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Beijing Vantone Real Estate Co Ltd (1997–2025)

The table below shows the annual net assets of Beijing Vantone Real Estate Co Ltd from 1997 to 2025. For live valuation and market cap data, see Beijing Vantone Real Estate Co Ltd market capitalisation.

Year	Net Assets	Change
2025-12-31	CN¥4.88 Billion ≈ $714.26 Million	-10.43%
2024-12-31	CN¥5.45 Billion ≈ $797.45 Million	-9.22%
2023-12-31	CN¥6.00 Billion ≈ $878.40 Million	-6.04%
2022-12-31	CN¥6.39 Billion ≈ $934.86 Million	-13.77%
2021-12-31	CN¥7.41 Billion ≈ $1.08 Billion	-2.58%
2020-12-31	CN¥7.60 Billion ≈ $1.11 Billion	-7.27%
2019-12-31	CN¥8.20 Billion ≈ $1.20 Billion	+6.78%
2018-12-31	CN¥7.68 Billion ≈ $1.12 Billion	+6.70%
2017-12-31	CN¥7.20 Billion ≈ $1.05 Billion	+5.02%
2016-12-31	CN¥6.85 Billion ≈ $1.00 Billion	+114.54%
2015-12-31	CN¥3.19 Billion ≈ $467.43 Million	-16.21%
2014-12-31	CN¥3.81 Billion ≈ $557.88 Million	-9.36%
2013-12-31	CN¥4.21 Billion ≈ $615.51 Million	+4.49%
2012-12-31	CN¥4.03 Billion ≈ $589.04 Million	+6.59%
2011-12-31	CN¥3.78 Billion ≈ $552.63 Million	+4.16%
2010-12-31	CN¥3.63 Billion ≈ $530.59 Million	+8.51%
2009-12-31	CN¥3.34 Billion ≈ $489.00 Million	+0.47%
2008-12-31	CN¥3.33 Billion ≈ $486.72 Million	+25.80%
2007-12-31	CN¥2.64 Billion ≈ $386.91 Million	+150.25%
2006-12-31	CN¥1.06 Billion ≈ $154.61 Million	+104.48%
2005-12-31	CN¥516.72 Million ≈ $75.61 Million	+15.13%
2004-12-31	CN¥448.79 Million ≈ $65.67 Million	+12.24%
2003-12-31	CN¥399.85 Million ≈ $58.51 Million	+18.66%
2002-12-31	CN¥336.96 Million ≈ $49.31 Million	+0.86%
2001-12-31	CN¥334.11 Million ≈ $48.89 Million	+14.18%
2000-12-31	CN¥292.61 Million ≈ $42.82 Million	+239.88%
1999-12-31	CN¥86.09 Million ≈ $12.60 Million	+7.23%
1998-12-31	CN¥80.29 Million ≈ $11.75 Million	+32.75%
1997-12-31	CN¥60.48 Million ≈ $8.85 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Beijing Vantone Real Estate 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 690.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥40.88 Million	0.88%
Other Components	CN¥4.61 Billion	99.12%
Total Equity	CN¥4.65 Billion	100.00%

Beijing Vantone Real Estate Co Ltd Competitors by Market Cap

The table below lists competitors of Beijing Vantone Real Estate Co Ltd ranked by their market capitalization.

Company	Market Cap
Getinge AB ser. B ST:GETI-B	$5.30 Billion
Sandfire Resources Limited F:S2Z	$5.31 Billion
Baic Bluepark New Energy Technology SHG:600733	$5.31 Billion
Grupo Catalana Occidente MC:GCO	$5.31 Billion
Credito Emiliano S.p.A F:EAO	$5.30 Billion
Atlantic Union Bankshares Corp NYSE:AUB	$5.29 Billion
Shanxi Xishan Coal and Electricity Power Co Ltd SHE:000983	$5.29 Billion
Versant Media Group, Inc. NASDAQ:VSNTV	$5.29 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Beijing Vantone Real Estate Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 5,176,555,970 to 4,648,804,027, a change of -527,751,943 (-10.2%).
Net loss of 654,815,519 reduced equity.
Dividend payments of 73,538,808 reduced retained earnings.
Other comprehensive income decreased equity by 383,835,263.
Other factors increased equity by 584,437,646.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥-654.82 Million	-14.09%
Dividends Paid	CN¥73.54 Million	-1.58%
Other Comprehensive Income	CN¥-383.84 Million	-8.26%
Other Changes	CN¥584.44 Million	+12.57%
Total Change	CN¥-	-10.20%

Book Value vs Market Value Analysis

This analysis compares Beijing Vantone Real Estate 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: 7.58x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has decreased from 333.61x to 7.58x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
1997-12-31	CN¥0.06	CN¥18.65	x
1998-12-31	CN¥0.07	CN¥18.65	x
1999-12-31	CN¥0.08	CN¥18.65	x
2000-12-31	CN¥0.27	CN¥18.65	x
2001-12-31	CN¥0.27	CN¥18.65	x
2002-12-31	CN¥0.29	CN¥18.65	x
2003-12-31	CN¥0.33	CN¥18.65	x
2004-12-31	CN¥0.35	CN¥18.65	x
2005-12-31	CN¥0.38	CN¥18.65	x
2006-12-31	CN¥2.56	CN¥18.65	x
2007-12-31	CN¥2.25	CN¥18.65	x
2008-12-31	CN¥2.37	CN¥18.65	x
2009-12-31	CN¥2.45	CN¥18.65	x
2010-12-31	CN¥2.62	CN¥18.65	x
2011-12-31	CN¥2.71	CN¥18.65	x
2012-12-31	CN¥2.90	CN¥18.65	x
2013-12-31	CN¥3.07	CN¥18.65	x
2014-12-31	CN¥2.90	CN¥18.65	x
2015-12-31	CN¥2.40	CN¥18.65	x
2016-12-31	CN¥4.22	CN¥18.65	x
2017-12-31	CN¥3.38	CN¥18.65	x
2018-12-31	CN¥3.51	CN¥18.65	x
2019-12-31	CN¥3.79	CN¥18.65	x
2020-12-31	CN¥3.53	CN¥18.65	x
2021-12-31	CN¥3.59	CN¥18.65	x
2022-12-31	CN¥3.18	CN¥18.65	x
2023-12-31	CN¥3.01	CN¥18.65	x
2024-12-31	CN¥2.77	CN¥18.65	x
2025-12-31	CN¥2.46	CN¥18.65	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Beijing Vantone Real Estate 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): -14.09%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -141.35%
• Asset Turnover: 0.06x
• Equity Multiplier: 1.58x
Recent ROE (-14.09%) is below the historical average (6.33%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
1997	36.68%	20.61%	1.15x	1.55x	CN¥16.14 Million
1998	25.19%	19.73%	0.77x	1.66x	CN¥12.20 Million
1999	22.65%	16.09%	0.60x	2.35x	CN¥10.89 Million
2000	6.42%	9.91%	0.46x	1.42x	CN¥-10.48 Million
2001	5.35%	11.20%	0.20x	2.33x	CN¥-13.84 Million
2002	9.53%	6.15%	0.30x	5.11x	CN¥-1.51 Million
2003	10.27%	3.84%	0.49x	5.44x	CN¥977.64K
2004	9.02%	3.60%	0.52x	4.78x	CN¥-3.71 Million
2005	9.93%	4.71%	0.45x	4.71x	CN¥-279.24K
2006	3.32%	11.72%	0.05x	5.24x	CN¥-59.11 Million
2007	6.78%	7.58%	0.27x	3.32x	CN¥-78.50 Million
2008	18.28%	10.90%	0.66x	2.56x	CN¥238.86 Million
2009	9.21%	11.14%	0.26x	3.18x	CN¥-23.70 Million
2010	12.96%	11.51%	0.30x	3.72x	CN¥94.44 Million
2011	9.46%	6.46%	0.43x	3.43x	CN¥-17.94 Million
2012	10.64%	9.21%	0.38x	3.05x	CN¥22.55 Million
2013	10.20%	11.54%	0.28x	3.20x	CN¥7.59 Million
2014	1.28%	2.36%	0.13x	4.03x	CN¥-307.81 Million
2015	-20.95%	-23.38%	0.19x	4.68x	CN¥-904.43 Million
2016	1.67%	4.72%	0.16x	2.15x	CN¥-549.26 Million
2017	5.13%	10.81%	0.25x	1.92x	CN¥-338.58 Million
2018	4.54%	8.98%	0.28x	1.81x	CN¥-393.04 Million
2019	7.84%	54.84%	0.09x	1.63x	CN¥-166.37 Million
2020	0.71%	3.73%	0.12x	1.62x	CN¥-662.56 Million
2021	2.63%	22.73%	0.07x	1.55x	CN¥-517.06 Million
2022	-5.37%	-76.54%	0.04x	1.58x	CN¥-925.29 Million
2023	-6.93%	-80.08%	0.06x	1.57x	CN¥-953.41 Million
2024	-8.83%	-92.35%	0.06x	1.52x	CN¥-974.70 Million
2025	-14.09%	-141.35%	0.06x	1.58x	CN¥-1.12 Billion

Industry Comparison

This section compares Beijing Vantone Real Estate 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: $45,889,397,120
Average return on equity (ROE) among peers: -0.33%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Beijing Vantone Real Estate Co Ltd (600246)	CN¥4.77 Billion	36.68%	0.55x	$5.30 Billion
China Vanke Co Ltd Class A (000002)	$392.77 Billion	5.73%	3.94x	$4.35 Billion
Shenzhen Zhenye Group Co Ltd (000006)	$1.31 Billion	8.54%	2.20x	$1.62 Billion
Shenzhen Properties & Resources Development Group Ltd (000011)	$662.30 Million	14.64%	3.28x	$566.74 Million
Shahe Industry Co Ltd (000014)	$351.64 Million	8.97%	1.85x	$351.71 Million
Grandjoy Holdings Group Co Ltd (000031)	$11.09 Billion	5.86%	3.99x	$1.46 Billion
China Union Holdings Ltd (000036)	$5.95 Billion	0.68%	0.28x	$1.01 Billion
Shenzhen Centralcon Investment Holding Co Ltd (000042)	$1.74 Billion	0.39%	2.19x	$868.76 Million
Shenzhen Wongtee International Enterprise Co Ltd (000056)	$2.10 Billion	-58.50%	3.83x	$229.54 Million
Financial Street Holdings Co Ltd (000402)	$39.81 Billion	6.28%	3.25x	$1.17 Billion
Chongqing Yukaifa Co Ltd (000514)	$3.11 Billion	4.07%	1.45x	$485.24 Million

About Beijing Vantone Real Estate Co Ltd

SHG:600246 China Real Estate - Development

Market Cap

$5.30 Billion

CN¥36.24 Billion CNY

Market Cap Rank

#3483 Global

#510 in China

Share Price

CN¥18.65

Change (1 day)

+5.91%

52-Week Range

CN¥6.04 - CN¥18.87

All Time High

CN¥18.87