China Fortune Land Development Co Ltd (600340) - Net Assets
Based on the latest financial reports, China Fortune Land Development Co Ltd (600340) has net assets worth CN¥-6.63 Billion CNY (≈ $-970.49 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¥253.30 Billion ≈ $37.07 Billion USD) and total liabilities (CN¥259.93 Billion ≈ $38.04 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 China Fortune Land Development Co Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥-6.63 Billion |
| % of Total Assets | -2.62% |
| Annual Growth Rate | N/A |
| 5-Year Change | -120.28% |
| 10-Year Change | -112.7% |
| Growth Volatility | 271.59 |
China Fortune Land Development Co Ltd - Net Assets Trend (2000–2025)
This chart illustrates how China Fortune Land Development Co Ltd's net assets have evolved over time, based on quarterly financial data. See China Fortune Land Development Co Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for China Fortune Land Development Co Ltd (2000–2025)
The table below shows the annual net assets of China Fortune Land Development Co Ltd from 2000 to 2025. For live valuation and market cap data, see 600340 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥-4.83 Billion ≈ $-706.93 Million |
-125.11% |
| 2024-12-31 | CN¥19.24 Billion ≈ $2.81 Billion |
-11.98% |
| 2023-12-31 | CN¥21.85 Billion ≈ $3.20 Billion |
-10.20% |
| 2022-12-31 | CN¥24.34 Billion ≈ $3.56 Billion |
+2.14% |
| 2021-12-31 | CN¥23.83 Billion ≈ $3.49 Billion |
-73.94% |
| 2020-12-31 | CN¥91.43 Billion ≈ $13.38 Billion |
+24.08% |
| 2019-12-31 | CN¥73.69 Billion ≈ $10.78 Billion |
+34.67% |
| 2018-12-31 | CN¥54.72 Billion ≈ $8.01 Billion |
-22.97% |
| 2017-12-31 | CN¥71.03 Billion ≈ $10.39 Billion |
+86.77% |
| 2016-12-31 | CN¥38.03 Billion ≈ $5.57 Billion |
+48.39% |
| 2015-12-31 | CN¥25.63 Billion ≈ $3.75 Billion |
+47.33% |
| 2014-12-31 | CN¥17.40 Billion ≈ $2.55 Billion |
+74.74% |
| 2013-12-31 | CN¥9.96 Billion ≈ $1.46 Billion |
+100.77% |
| 2012-12-31 | CN¥4.96 Billion ≈ $725.60 Million |
+23.69% |
| 2011-12-31 | CN¥4.01 Billion ≈ $586.62 Million |
+1359.34% |
| 2010-12-31 | CN¥274.70 Million ≈ $40.20 Million |
+0.81% |
| 2009-12-31 | CN¥272.49 Million ≈ $39.87 Million |
+2.53% |
| 2008-12-31 | CN¥265.76 Million ≈ $38.89 Million |
-13.53% |
| 2007-12-31 | CN¥307.35 Million ≈ $44.97 Million |
-9.26% |
| 2006-12-31 | CN¥338.73 Million ≈ $49.57 Million |
-4.69% |
| 2005-12-31 | CN¥355.38 Million ≈ $52.00 Million |
-10.61% |
| 2004-12-31 | CN¥397.56 Million ≈ $58.17 Million |
-0.46% |
| 2003-12-31 | CN¥399.40 Million ≈ $58.44 Million |
+285.93% |
| 2002-12-31 | CN¥103.49 Million ≈ $15.14 Million |
+26.86% |
| 2001-12-31 | CN¥81.58 Million ≈ $11.94 Million |
+35.96% |
| 2000-12-31 | CN¥60.00 Million ≈ $8.78 Million |
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Equity Component Analysis
This analysis shows how different components contribute to China Fortune Land 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 406886.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥15.56 Billion | % |
| Total Equity | CN¥-17.74 Billion | 100.00% |
China Fortune Land Development Co Ltd Competitors by Market Cap
The table below lists competitors of China Fortune Land Development Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shenzhen Hirisun Technology Inc
SHE:300277
|
$735.02 Million |
|
Jiangsu Huaxicun Co Ltd
SHE:000936
|
$735.12 Million |
|
Guangdong Biolight Meditech Co Ltd
SHE:300246
|
$735.30 Million |
|
Shakti Pumps (India) Limited
NSE:SHAKTIPUMP
|
$735.38 Million |
|
Swissquote Group Holding SA
SW:SQN
|
$734.85 Million |
|
Shanghai Fudan-Zhangjiang Bio-Pharmaceutical Co Ltd
SHG:688505
|
$734.50 Million |
|
Baotailong New Materials Co Ltd
SHG:601011
|
$734.44 Million |
|
Hwang Chang General Contractor Co Ltd
TW:2543
|
$734.35 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China Fortune Land Development Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,094,971,000 to -17,743,044,149, a change of -21,838,015,149 (-533.3%).
- Net loss of 22,858,613,248 reduced equity.
- Dividend payments of 134,000,107 reduced retained earnings.
- Other comprehensive income decreased equity by 10,642,637,000.
- Other factors increased equity by 11,797,235,206.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-22.86 Billion | -128.83% |
| Dividends Paid | CN¥134.00 Million | -0.76% |
| Other Comprehensive Income | CN¥-10.64 Billion | -59.98% |
| Other Changes | CN¥11.80 Billion | +66.49% |
| Total Change | CN¥- | -533.29% |
Book Value vs Market Value Analysis
This analysis compares China Fortune Land 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-12-31 | CN¥0.93 | CN¥1.29 | x |
| 2001-12-31 | CN¥1.27 | CN¥1.29 | x |
| 2002-12-31 | CN¥1.61 | CN¥1.29 | x |
| 2003-12-31 | CN¥6.21 | CN¥1.29 | x |
| 2004-12-31 | CN¥6.10 | CN¥1.29 | x |
| 2005-12-31 | CN¥5.44 | CN¥1.29 | x |
| 2006-12-31 | CN¥0.25 | CN¥1.29 | x |
| 2007-12-31 | CN¥0.22 | CN¥1.29 | x |
| 2008-12-31 | CN¥0.20 | CN¥1.29 | x |
| 2009-12-31 | CN¥0.19 | CN¥1.29 | x |
| 2010-12-31 | CN¥0.13 | CN¥1.29 | x |
| 2011-12-31 | CN¥1.15 | CN¥1.29 | x |
| 2012-12-31 | CN¥1.26 | CN¥1.29 | x |
| 2013-12-31 | CN¥1.93 | CN¥1.29 | x |
| 2014-12-31 | CN¥2.85 | CN¥1.29 | x |
| 2015-12-31 | CN¥3.92 | CN¥1.29 | x |
| 2016-12-31 | CN¥6.67 | CN¥1.29 | x |
| 2017-12-31 | CN¥9.20 | CN¥1.29 | x |
| 2018-12-31 | CN¥10.81 | CN¥1.29 | x |
| 2019-12-31 | CN¥12.36 | CN¥1.29 | x |
| 2020-12-31 | CN¥15.94 | CN¥1.29 | x |
| 2021-12-31 | CN¥1.62 | CN¥1.29 | x |
| 2022-12-31 | CN¥2.41 | CN¥1.29 | x |
| 2023-12-31 | CN¥1.84 | CN¥1.29 | x |
| 2024-12-31 | CN¥1.05 | CN¥1.29 | x |
| 2025-12-31 | CN¥-4.53 | CN¥1.29 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China Fortune Land 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -265.70%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-10.95%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 24.03% | 14.44% | 0.74x | 2.25x | CN¥8.42 Million |
| 2001 | 26.45% | 16.37% | 0.81x | 2.00x | CN¥13.42 Million |
| 2002 | 21.17% | 13.49% | 0.82x | 1.92x | CN¥11.56 Million |
| 2003 | 5.41% | 12.37% | 0.35x | 1.25x | CN¥-18.32 Million |
| 2004 | 2.87% | 6.27% | 0.37x | 1.25x | CN¥-28.00 Million |
| 2005 | -6.36% | -13.84% | 0.35x | 1.33x | CN¥-57.29 Million |
| 2006 | 2.10% | 3.16% | 0.51x | 1.30x | CN¥-26.56 Million |
| 2007 | -10.59% | -10.50% | 0.65x | 1.54x | CN¥-62.57 Million |
| 2008 | -14.65% | -12.85% | 0.80x | 1.42x | CN¥-65.32 Million |
| 2009 | 2.74% | 4.07% | 0.54x | 1.25x | CN¥-19.78 Million |
| 2010 | 151.89% | 165.17% | 0.69x | 1.32x | CN¥389.77 Million |
| 2011 | 48.74% | 17.43% | 0.28x | 9.90x | CN¥1.08 Billion |
| 2012 | 41.32% | 14.77% | 0.28x | 10.01x | CN¥1.35 Billion |
| 2013 | 40.82% | 12.89% | 0.28x | 11.14x | CN¥2.05 Billion |
| 2014 | 36.12% | 13.16% | 0.24x | 11.64x | CN¥2.56 Billion |
| 2015 | 35.49% | 12.52% | 0.23x | 12.47x | CN¥3.45 Billion |
| 2016 | 25.60% | 12.06% | 0.22x | 9.85x | CN¥3.96 Billion |
| 2017 | 23.83% | 14.82% | 0.16x | 10.13x | CN¥5.13 Billion |
| 2018 | 26.83% | 14.02% | 0.20x | 9.36x | CN¥7.37 Billion |
| 2019 | 29.20% | 13.89% | 0.23x | 9.15x | CN¥9.61 Billion |
| 2020 | 5.91% | 3.62% | 0.21x | 7.89x | CN¥-2.53 Billion |
| 2021 | -618.79% | -90.39% | 0.10x | 69.91x | CN¥-39.66 Billion |
| 2022 | 16.95% | 4.97% | 0.08x | 43.62x | CN¥651.16 Million |
| 2023 | -84.19% | -16.79% | 0.10x | 49.09x | CN¥-6.74 Billion |
| 2024 | -117.64% | -20.27% | 0.08x | 74.33x | CN¥-5.23 Billion |
| 2025 | 0.00% | -265.70% | 0.03x | 0.00x | CN¥-21.08 Billion |
Industry Comparison
This section compares China Fortune Land 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: $13,842,532,926
- Average return on equity (ROE) among peers: 10.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China Fortune Land Development Co Ltd (600340) | CN¥-6.63 Billion | 24.03% | N/A | $734.94 Million |
| China Vanke Co Ltd Class A (000002) | $105.44 Billion | 14.34% | 3.54x | $4.35 Billion |
| Shenzhen Zhenye Group Co Ltd (000006) | $13.20 Million | 51.68% | 6.55x | $1.62 Billion |
| Shenzhen Properties & Resources Development Group Ltd (000011) | $474.22 Million | 16.24% | 4.14x | $566.74 Million |
| Shahe Industry Co Ltd (000014) | $240.39 Million | -21.34% | 1.43x | $351.71 Million |
| Grandjoy Holdings Group Co Ltd (000031) | $6.13 Billion | 7.57% | 2.29x | $1.46 Billion |
| China Union Holdings Ltd (000036) | $2.88 Billion | 6.70% | 3.16x | $1.01 Billion |
| Shenzhen Centralcon Investment Holding Co Ltd (000042) | $1.60 Billion | 4.75% | 1.62x | $868.76 Million |
| Shenzhen Wongtee International Enterprise Co Ltd (000056) | $5.55 Billion | 0.90% | 1.24x | $229.54 Million |
| Financial Street Holdings Co Ltd (000402) | $15.94 Billion | 8.57% | 1.66x | $1.17 Billion |
| Chongqing Yukaifa Co Ltd (000514) | $143.24 Million | 12.18% | 2.79x | $485.24 Million |
About China Fortune Land Development Co Ltd
China Fortune Land Development Co., Ltd. engages in the investment, development, construction, and operation of new industrial cities and commercial real estate in China. The company was formerly known as China Fortune Real Estate Development Co., Ltd. and changed its name to China Fortune Land Development Co., Ltd. in December 2007. The company was founded in 1993 and is headquartered in Beijing… Read more