China United Travel Co Ltd (600358) - Net Assets
Based on the latest financial reports, China United Travel Co Ltd (600358) has net assets worth CN¥52.71 Million CNY (≈ $7.71 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¥434.98 Million ≈ $63.65 Million USD) and total liabilities (CN¥382.26 Million ≈ $55.94 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 600358 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥52.71 Million |
| % of Total Assets | 12.12% |
| Annual Growth Rate | -2.13% |
| 5-Year Change | -70.26% |
| 10-Year Change | -88.73% |
| Growth Volatility | 44.32 |
China United Travel Co Ltd - Net Assets Trend (1997–2025)
This chart illustrates how China United Travel Co Ltd's net assets have evolved over time, based on quarterly financial data. See China United Travel Co Ltd (600358) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for China United Travel Co Ltd (1997–2025)
The table below shows the annual net assets of China United Travel Co Ltd from 1997 to 2025. For live valuation and market cap data, see China United Travel Co Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥58.41 Million ≈ $8.55 Million |
-36.61% |
| 2024-12-31 | CN¥92.15 Million ≈ $13.48 Million |
-47.75% |
| 2023-12-31 | CN¥176.38 Million ≈ $25.81 Million |
-3.68% |
| 2022-12-31 | CN¥183.13 Million ≈ $26.80 Million |
-6.75% |
| 2021-12-31 | CN¥196.38 Million ≈ $28.74 Million |
+23.01% |
| 2020-12-31 | CN¥159.64 Million ≈ $23.36 Million |
-48.92% |
| 2019-12-31 | CN¥312.53 Million ≈ $45.73 Million |
-42.53% |
| 2018-12-31 | CN¥543.77 Million ≈ $79.57 Million |
-12.68% |
| 2017-12-31 | CN¥622.75 Million ≈ $91.13 Million |
+20.17% |
| 2016-12-31 | CN¥518.23 Million ≈ $75.83 Million |
+64.37% |
| 2015-12-31 | CN¥315.29 Million ≈ $46.14 Million |
+6.53% |
| 2014-12-31 | CN¥295.98 Million ≈ $43.31 Million |
-35.90% |
| 2013-12-31 | CN¥461.73 Million ≈ $67.57 Million |
+2.36% |
| 2012-12-31 | CN¥451.08 Million ≈ $66.01 Million |
-17.88% |
| 2011-12-31 | CN¥549.29 Million ≈ $80.38 Million |
-6.25% |
| 2010-12-31 | CN¥585.89 Million ≈ $85.73 Million |
+3.96% |
| 2009-12-31 | CN¥563.60 Million ≈ $82.47 Million |
+3.68% |
| 2008-12-31 | CN¥543.61 Million ≈ $79.55 Million |
-0.53% |
| 2007-12-31 | CN¥546.49 Million ≈ $79.97 Million |
-0.79% |
| 2006-12-31 | CN¥550.85 Million ≈ $80.61 Million |
-6.68% |
| 2005-12-31 | CN¥590.27 Million ≈ $86.38 Million |
-17.15% |
| 2004-12-31 | CN¥712.42 Million ≈ $104.25 Million |
+23.75% |
| 2003-12-31 | CN¥575.67 Million ≈ $84.24 Million |
+15.04% |
| 2002-12-31 | CN¥500.42 Million ≈ $73.23 Million |
+17.91% |
| 2001-12-31 | CN¥424.42 Million ≈ $62.11 Million |
-3.92% |
| 2000-12-31 | CN¥441.74 Million ≈ $64.64 Million |
+194.07% |
| 1999-12-31 | CN¥150.22 Million ≈ $21.98 Million |
+0.54% |
| 1998-12-31 | CN¥149.41 Million ≈ $21.86 Million |
+40.08% |
| 1997-12-31 | CN¥106.66 Million ≈ $15.61 Million |
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Equity Component Analysis
This analysis shows how different components contribute to China United Travel 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 66789711800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥504.94 Million | 932.35% |
| Other Comprehensive Income | CN¥-32.48 Million | -59.97% |
| Other Components | CN¥249.60 Million | 460.87% |
| Total Equity | CN¥54.16 Million | 100.00% |
China United Travel Co Ltd Competitors by Market Cap
The table below lists competitors of China United Travel Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sk Securities
KO:001510
|
$404.92 Million |
|
Citra Putra Realty Tbk PT
JK:CLAY
|
$405.09 Million |
|
Lux Industries Limited
NSE:LUXIND
|
$405.28 Million |
|
SUNIC SYSTEM Co. Ltd
KQ:171090
|
$405.44 Million |
|
Beijing Kawin Technology Share-holding Co Ltd
SHG:688687
|
$404.74 Million |
|
C4 Therapeutics Inc
NASDAQ:CCCC
|
$404.68 Million |
|
IBEX Ltd
NASDAQ:IBEX
|
$404.62 Million |
|
Shih Her Technologies
TWO:3551
|
$404.57 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China United Travel Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 84,692,180 to 54,157,509, a change of -30,534,671 (-36.1%).
- Net loss of 37,507,805 reduced equity.
- Dividend payments of 13,956,426 reduced retained earnings.
- Other comprehensive income decreased equity by 32,478,570.
- Other factors increased equity by 53,408,130.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-37.51 Million | -69.26% |
| Dividends Paid | CN¥13.96 Million | -25.77% |
| Other Comprehensive Income | CN¥-32.48 Million | -59.97% |
| Other Changes | CN¥53.41 Million | +98.62% |
| Total Change | CN¥- | -36.05% |
Book Value vs Market Value Analysis
This analysis compares China United Travel 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: 50.98x
- 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 increased from 27.66x to 50.98x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | CN¥0.20 | CN¥5.48 | x |
| 1998-12-31 | CN¥0.30 | CN¥5.48 | x |
| 1999-12-31 | CN¥0.31 | CN¥5.48 | x |
| 2000-12-31 | CN¥0.96 | CN¥5.48 | x |
| 2001-12-31 | CN¥0.93 | CN¥5.48 | x |
| 2002-12-31 | CN¥0.94 | CN¥5.48 | x |
| 2003-12-31 | CN¥0.96 | CN¥5.48 | x |
| 2004-12-31 | CN¥1.11 | CN¥5.48 | x |
| 2005-12-31 | CN¥1.08 | CN¥5.48 | x |
| 2006-12-31 | CN¥1.13 | CN¥5.48 | x |
| 2007-12-31 | CN¥1.16 | CN¥5.48 | x |
| 2008-12-31 | CN¥1.30 | CN¥5.48 | x |
| 2009-12-31 | CN¥1.30 | CN¥5.48 | x |
| 2010-12-31 | CN¥1.35 | CN¥5.48 | x |
| 2011-12-31 | CN¥1.24 | CN¥5.48 | x |
| 2012-12-31 | CN¥1.04 | CN¥5.48 | x |
| 2013-12-31 | CN¥0.88 | CN¥5.48 | x |
| 2014-12-31 | CN¥0.67 | CN¥5.48 | x |
| 2015-12-31 | CN¥0.74 | CN¥5.48 | x |
| 2016-12-31 | CN¥1.02 | CN¥5.48 | x |
| 2017-12-31 | CN¥1.05 | CN¥5.48 | x |
| 2018-12-31 | CN¥0.90 | CN¥5.48 | x |
| 2019-12-31 | CN¥0.46 | CN¥5.48 | x |
| 2020-12-31 | CN¥0.29 | CN¥5.48 | x |
| 2021-12-31 | CN¥0.37 | CN¥5.48 | x |
| 2022-12-31 | CN¥0.36 | CN¥5.48 | x |
| 2023-12-31 | CN¥0.33 | CN¥5.48 | x |
| 2024-12-31 | CN¥0.17 | CN¥5.48 | x |
| 2025-12-31 | CN¥0.11 | CN¥5.48 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China United Travel 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): -69.26%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -8.78%
- • Asset Turnover: 0.99x
- • Equity Multiplier: 7.97x
- Recent ROE (-69.26%) is below the historical average (-8.41%), 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 | 21.19% | 15.48% | 0.60x | 2.29x | CN¥9.83 Million |
| 1998 | 18.26% | 20.18% | 0.45x | 2.03x | CN¥11.01 Million |
| 1999 | 14.89% | 13.93% | 0.47x | 2.27x | CN¥6.67 Million |
| 2000 | 4.44% | 12.30% | 0.24x | 1.47x | CN¥-23.75 Million |
| 2001 | 3.12% | 11.84% | 0.19x | 1.39x | CN¥-28.35 Million |
| 2002 | 2.69% | 14.92% | 0.13x | 1.38x | CN¥-30.59 Million |
| 2003 | 2.21% | 3.98% | 0.10x | 5.55x | CN¥-33.26 Million |
| 2004 | 0.76% | 1.14% | 0.09x | 7.26x | CN¥-45.67 Million |
| 2005 | -2.27% | -4.85% | 0.25x | 1.87x | CN¥-58.74 Million |
| 2006 | 3.10% | 17.17% | 0.11x | 1.57x | CN¥-34.44 Million |
| 2007 | 3.46% | 15.06% | 0.16x | 1.48x | CN¥-34.69 Million |
| 2008 | 3.86% | 13.21% | 0.18x | 1.63x | CN¥-33.19 Million |
| 2009 | 3.92% | 11.96% | 0.19x | 1.75x | CN¥-34.16 Million |
| 2010 | 3.79% | 11.81% | 0.18x | 1.74x | CN¥-36.29 Million |
| 2011 | -11.96% | -41.41% | 0.13x | 2.15x | CN¥-114.47 Million |
| 2012 | -12.51% | -37.27% | 0.13x | 2.59x | CN¥-100.87 Million |
| 2013 | 2.28% | 8.82% | 0.11x | 2.30x | CN¥-35.40 Million |
| 2014 | -56.68% | -187.33% | 0.12x | 2.50x | CN¥-195.17 Million |
| 2015 | 4.08% | 14.41% | 0.12x | 2.35x | CN¥-18.47 Million |
| 2016 | -32.01% | -139.07% | 0.13x | 1.79x | CN¥-214.06 Million |
| 2017 | 6.08% | 11.24% | 0.33x | 1.65x | CN¥-20.81 Million |
| 2018 | -18.43% | -30.38% | 0.36x | 1.66x | CN¥-128.95 Million |
| 2019 | -81.36% | -53.55% | 0.64x | 2.39x | CN¥-213.46 Million |
| 2020 | 9.97% | 2.78% | 1.02x | 3.53x | CN¥-39.26K |
| 2021 | 13.66% | 3.07% | 1.46x | 3.05x | CN¥6.77 Million |
| 2022 | 4.12% | 1.34% | 1.19x | 2.58x | CN¥-10.84 Million |
| 2023 | -10.10% | -2.92% | 1.09x | 3.17x | CN¥-33.76 Million |
| 2024 | -75.22% | -17.47% | 0.86x | 5.02x | CN¥-72.17 Million |
| 2025 | -69.26% | -8.78% | 0.99x | 7.97x | CN¥-42.92 Million |
Industry Comparison
This section compares China United Travel Co Ltd's net assets metrics with peer companies in the Leisure industry.
Industry Context
- Industry: Leisure
- Average net assets among peers: $969,842,292
- Average return on equity (ROE) among peers: -3.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China United Travel Co Ltd (600358) | CN¥52.71 Million | 21.19% | 7.25x | $404.91 Million |
| China Bicycle Co Holdings Ltd (000017) | $17.28 Million | 15.07% | 2.13x | $332.21 Million |
| HL Corp Shenzhen (002105) | $597.06 Million | 0.71% | 1.41x | $278.68 Million |
| Goldlok Toys Holdings Guangdong Co Ltd (002348) | $1.06 Billion | -31.03% | 0.36x | $1.57 Billion |
| Guangdong Qunxing Toys Joint-Stock Co Ltd (002575) | $891.41 Million | -2.40% | 0.01x | $532.26 Million |
| Shanghai Yaoji Playing Card Co Ltd (002605) | $965.45 Million | 12.67% | 0.50x | $1.12 Billion |
| Xiamen Comfort Science&Technology Group Co Ltd (002614) | $217.49 Million | 21.16% | 1.94x | $428.07 Million |
| Guangzhou Pearl River Piano Group Co Ltd (002678) | $3.23 Billion | 5.10% | 0.29x | $934.20 Million |
| Shifeng Cultural Development Co Ltd (002862) | $283.43 Million | -61.66% | 1.34x | $345.15 Million |
| Impulse Qingdao Health Tech Co Ltd (002899) | $1.08 Billion | 3.65% | 0.26x | $487.05 Million |
| China Bicycle Co Holdings Ltd (200017) | $1.35 Billion | 2.23% | 1.18x | $51.61 Million |
About China United Travel Co Ltd
China Tourism And Culture Investment Group Co.,Ltd engages in the investment and operation of cultural and sports projects in China. Its also involved in the internet digital marketing business; investment, development, and operation of tourist destination; advertising, investment, and investment management consulting businesses; and provision of other travel services. The company was formerly kn… Read more