Beijing Capital Development Co Ltd

SHG:600376 China Real Estate - Development
Market Cap
$1.88 Billion
CN¥13.77 Billion CNY
Market Cap Rank
#7714 Global
#1321 in China
Share Price
CN¥5.34
Change (1 day)
-4.64%
52-Week Range
CN¥2.25 - CN¥8.07
All Time High
CN¥10.25
About

Beijing Capital Development Co., Ltd. operates as a real estate development company in China. It also engages in the property management and real estate finance activities; renewal and renovation of old urban areas; and operation and promotion of long-term rental apartments, office buildings, and other formats. The company was founded in 1993 and is based in Beijing, China. Beijing Capital Develo… Read more

Beijing Capital Development Co Ltd (600376) - Net Assets

Latest net assets as of September 2025: CN¥41.18 Billion CNY

Based on the latest financial reports, Beijing Capital Development Co Ltd (600376) has net assets worth CN¥41.18 Billion CNY as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥206.93 Billion) and total liabilities (CN¥165.76 Billion). 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.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥41.18 Billion
% of Total Assets 19.9%
Annual Growth Rate 23.8%
5-Year Change -20.43%
10-Year Change 110.09%
Growth Volatility 80.58

Beijing Capital Development Co Ltd - Net Assets Trend (1997–2024)

This chart illustrates how Beijing Capital Development Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Beijing Capital Development Co Ltd (1997–2024)

The table below shows the annual net assets of Beijing Capital Development Co Ltd from 1997 to 2024.

Year Net Assets Change
2024-12-31 CN¥51.06 Billion -14.69%
2023-12-31 CN¥59.86 Billion -10.71%
2022-12-31 CN¥67.03 Billion +0.01%
2021-12-31 CN¥67.03 Billion +4.44%
2020-12-31 CN¥64.18 Billion +10.85%
2019-12-31 CN¥57.89 Billion +7.87%
2018-12-31 CN¥53.67 Billion +14.98%
2017-12-31 CN¥46.68 Billion +28.06%
2016-12-31 CN¥36.45 Billion +49.96%
2015-12-31 CN¥24.31 Billion +50.67%
2014-12-31 CN¥16.13 Billion +4.32%
2013-12-31 CN¥15.46 Billion +10.86%
2012-12-31 CN¥13.95 Billion +9.39%
2011-12-31 CN¥12.75 Billion +18.06%
2010-12-31 CN¥10.80 Billion +11.34%
2009-12-31 CN¥9.70 Billion +143.09%
2008-12-31 CN¥3.99 Billion +1.45%
2007-12-31 CN¥3.93 Billion +379.78%
2006-12-31 CN¥819.87 Million +4.12%
2005-12-31 CN¥787.45 Million +3.42%
2004-12-31 CN¥761.38 Million +5.22%
2003-12-31 CN¥723.58 Million +6.17%
2002-12-31 CN¥681.52 Million +4.90%
2001-12-31 CN¥649.68 Million +194.35%
2000-12-31 CN¥220.71 Million +12.76%
1999-12-31 CN¥195.74 Million +10.51%
1998-12-31 CN¥177.12 Million +10.60%
1997-12-31 CN¥160.15 Million --

Equity Component Analysis

This analysis shows how different components contribute to Beijing Capital 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 3869.4% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥2.58 Billion 19.01%
Other Comprehensive Income CN¥3.76 Billion 27.72%
Other Components CN¥9.79 Billion 72.11%
Total Equity CN¥13.57 Billion 100.00%

Beijing Capital Development Co Ltd Competitors by Market Cap

The table below lists competitors of Beijing Capital Development Co Ltd ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 17,966,956,000 to 13,571,578,000, a change of -4,395,378,000 (-24.5%).
  • Net loss of 8,140,776,000 reduced equity.
  • Dividend payments of 4,657,461,000 reduced retained earnings.
  • Other comprehensive income increased equity by 1,213,000.
  • Other factors increased equity by 8,401,646,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-8.14 Billion -59.98%
Dividends Paid CN¥4.66 Billion -34.32%
Other Comprehensive Income CN¥1.21 Million +0.01%
Other Changes CN¥8.40 Billion +61.91%
Total Change CN¥- -24.46%

Book Value vs Market Value Analysis

This analysis compares Beijing Capital 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: 0.99x
  • The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
  • The price-to-book ratio has decreased from 52.64x to 0.99x 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¥0.10 CN¥5.34 x
1998-12-31 CN¥0.11 CN¥5.34 x
1999-12-31 CN¥0.12 CN¥5.34 x
2000-12-31 CN¥0.14 CN¥5.34 x
2001-12-31 CN¥0.41 CN¥5.34 x
2002-12-31 CN¥1.34 CN¥5.34 x
2003-12-31 CN¥1.34 CN¥5.34 x
2004-12-31 CN¥1.46 CN¥5.34 x
2005-12-31 CN¥1.47 CN¥5.34 x
2006-12-31 CN¥5.19 CN¥5.34 x
2007-12-31 CN¥8.01 CN¥5.34 x
2008-12-31 CN¥2.34 CN¥5.34 x
2009-12-31 CN¥4.89 CN¥5.34 x
2010-12-31 CN¥6.07 CN¥5.34 x
2011-12-31 CN¥5.37 CN¥5.34 x
2012-12-31 CN¥5.82 CN¥5.34 x
2013-12-31 CN¥6.05 CN¥5.34 x
2014-12-31 CN¥6.50 CN¥5.34 x
2015-12-31 CN¥9.45 CN¥5.34 x
2016-12-31 CN¥9.75 CN¥5.34 x
2017-12-31 CN¥9.45 CN¥5.34 x
2018-12-31 CN¥10.40 CN¥5.34 x
2019-12-31 CN¥10.10 CN¥5.34 x
2020-12-31 CN¥12.25 CN¥5.34 x
2021-12-31 CN¥2.43 CN¥5.34 x
2022-12-31 CN¥15.60 CN¥5.34 x
2023-12-31 CN¥6.97 CN¥5.34 x
2024-12-31 CN¥5.40 CN¥5.34 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Beijing Capital 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): -59.98%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -33.62%
  • • Asset Turnover: 0.11x
  • • Equity Multiplier: 16.94x
  • Recent ROE (-59.98%) is below the historical average (5.69%), 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 6.86% 8.44% 0.23x 3.50x CN¥-5.03 Million
1998 10.53% 25.18% 0.11x 3.69x CN¥937.34K
1999 17.91% 22.18% 0.25x 3.28x CN¥15.48 Million
2000 32.96% 20.73% 0.65x 2.43x CN¥50.68 Million
2001 7.34% 17.43% 0.26x 1.59x CN¥-17.26 Million
2002 9.28% 5.37% 0.91x 1.89x CN¥-5.13 Million
2003 5.17% 9.33% 0.33x 1.69x CN¥-34.72 Million
2004 6.35% 5.70% 0.41x 2.69x CN¥-27.01 Million
2005 3.47% 5.66% 0.16x 3.75x CN¥-48.76 Million
2006 6.21% 3.62% 1.11x 1.55x CN¥-102.37 Million
2007 8.78% 4.37% 0.32x 6.31x CN¥-44.02 Million
2008 15.47% 9.77% 0.26x 6.01x CN¥201.81 Million
2009 9.98% 17.94% 0.16x 3.55x CN¥-1.76 Million
2010 12.84% 17.31% 0.18x 4.08x CN¥297.24 Million
2011 15.60% 20.75% 0.15x 5.14x CN¥673.51 Million
2012 12.38% 12.76% 0.18x 5.43x CN¥311.17 Million
2013 9.47% 9.52% 0.15x 6.79x CN¥-71.41 Million
2014 11.30% 7.90% 0.21x 6.70x CN¥190.09 Million
2015 9.45% 8.82% 0.17x 6.37x CN¥-121.03 Million
2016 6.85% 6.36% 0.16x 6.54x CN¥-874.23 Million
2017 7.54% 6.31% 0.15x 7.83x CN¥-755.93 Million
2018 10.25% 7.97% 0.14x 9.43x CN¥77.93 Million
2019 9.35% 5.79% 0.16x 10.29x CN¥-191.16 Million
2020 9.94% 7.10% 0.13x 10.38x CN¥-19.79 Million
2021 0.86% 0.39% 0.22x 10.26x CN¥-2.80 Billion
2022 -1.66% -0.96% 0.17x 10.01x CN¥-3.24 Billion
2023 -35.28% -13.27% 0.19x 14.09x CN¥-8.14 Billion
2024 -59.98% -33.62% 0.11x 16.94x CN¥-9.50 Billion

Industry Comparison

This section compares Beijing Capital 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: $9,786,701,332
  • Average return on equity (ROE) among peers: 9.79%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Beijing Capital Development Co Ltd (600376) CN¥41.18 Billion 6.86% 4.03x $888.83 Million
China Vanke Co Ltd Class A (000002) $38.82 Billion 10.39% 2.07x $4.87 Billion
Shenzhen Zhenye Group Co Ltd (000006) $1.26 Billion 9.32% 2.00x $1.01 Billion
Shenzhen Properties & Resources Development Group Ltd (000011) $1.13 Billion 22.76% 2.09x $294.24 Million
Shahe Industry Co Ltd (000014) $663.54 Million 4.33% 1.85x $312.36 Million
Grandjoy Holdings Group Co Ltd (000031) $3.66 Billion 12.74% 0.64x $522.54 Million
China Union Holdings Ltd (000036) $5.44 Billion 17.81% 1.00x $340.73 Million
Shenzhen Centralcon Investment Holding Co Ltd (000042) $633.08 Million 22.90% 0.65x $296.76 Million
Shenzhen Wongtee International Enterprise Co Ltd (000056) $383.14 Million -6.71% 1.86x $199.58 Million
Financial Street Holdings Co Ltd (000402) $42.42 Billion 2.00% 2.61x $746.17 Million
Chongqing Yukaifa Co Ltd (000514) $3.46 Billion 2.34% 0.82x $208.71 Million