Beijing Capital Development Co Ltd (600376) - Net Assets
Based on the latest financial reports, Beijing Capital Development Co Ltd (600376) has net assets worth CN¥39.95 Billion CNY (≈ $5.85 Billion 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¥188.67 Billion ≈ $27.61 Billion USD) and total liabilities (CN¥148.72 Billion ≈ $21.76 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 tangible net worth ratio of Beijing Capital Development Co Ltd to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥39.95 Billion |
| % of Total Assets | 21.18% |
| Annual Growth Rate | 22.07% |
| 5-Year Change | -36.37% |
| 10-Year Change | 17.02% |
| Growth Volatility | 79.72 |
Beijing Capital Development Co Ltd - Net Assets Trend (1997–2025)
This chart illustrates how Beijing Capital Development Co Ltd's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Beijing Capital Development Co Ltd to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Beijing Capital Development Co Ltd (1997–2025)
The table below shows the annual net assets of Beijing Capital Development Co Ltd from 1997 to 2025. For live valuation and market cap data, see how much is Beijing Capital Development Co Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥42.65 Billion ≈ $6.24 Billion |
-16.47% |
| 2024-12-31 | CN¥51.06 Billion ≈ $7.47 Billion |
-14.69% |
| 2023-12-31 | CN¥59.86 Billion ≈ $8.76 Billion |
-10.71% |
| 2022-12-31 | CN¥67.03 Billion ≈ $9.81 Billion |
+0.01% |
| 2021-12-31 | CN¥67.03 Billion ≈ $9.81 Billion |
+4.44% |
| 2020-12-31 | CN¥64.18 Billion ≈ $9.39 Billion |
+10.85% |
| 2019-12-31 | CN¥57.89 Billion ≈ $8.47 Billion |
+7.87% |
| 2018-12-31 | CN¥53.67 Billion ≈ $7.85 Billion |
+14.98% |
| 2017-12-31 | CN¥46.68 Billion ≈ $6.83 Billion |
+28.06% |
| 2016-12-31 | CN¥36.45 Billion ≈ $5.33 Billion |
+49.96% |
| 2015-12-31 | CN¥24.31 Billion ≈ $3.56 Billion |
+50.67% |
| 2014-12-31 | CN¥16.13 Billion ≈ $2.36 Billion |
+4.32% |
| 2013-12-31 | CN¥15.46 Billion ≈ $2.26 Billion |
+10.86% |
| 2012-12-31 | CN¥13.95 Billion ≈ $2.04 Billion |
+9.39% |
| 2011-12-31 | CN¥12.75 Billion ≈ $1.87 Billion |
+18.06% |
| 2010-12-31 | CN¥10.80 Billion ≈ $1.58 Billion |
+11.34% |
| 2009-12-31 | CN¥9.70 Billion ≈ $1.42 Billion |
+143.09% |
| 2008-12-31 | CN¥3.99 Billion ≈ $583.95 Million |
+1.45% |
| 2007-12-31 | CN¥3.93 Billion ≈ $575.61 Million |
+379.78% |
| 2006-12-31 | CN¥819.87 Million ≈ $119.97 Million |
+4.12% |
| 2005-12-31 | CN¥787.45 Million ≈ $115.23 Million |
+3.42% |
| 2004-12-31 | CN¥761.38 Million ≈ $111.41 Million |
+5.22% |
| 2003-12-31 | CN¥723.58 Million ≈ $105.88 Million |
+6.17% |
| 2002-12-31 | CN¥681.52 Million ≈ $99.73 Million |
+4.90% |
| 2001-12-31 | CN¥649.68 Million ≈ $95.07 Million |
+194.35% |
| 2000-12-31 | CN¥220.71 Million ≈ $32.30 Million |
+12.76% |
| 1999-12-31 | CN¥195.74 Million ≈ $28.64 Million |
+10.51% |
| 1998-12-31 | CN¥177.12 Million ≈ $25.92 Million |
+10.60% |
| 1997-12-31 | CN¥160.15 Million ≈ $23.43 Million |
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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 13962.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥19.31 Billion | 194.85% |
| Total Equity | CN¥9.91 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.
| Company | Market Cap |
|---|---|
|
IDT Corporation
NYSE:IDT
|
$1.30 Billion |
|
Fugro N.V.
AS:FUR
|
$1.30 Billion |
|
Wam Leaders Ltd
AU:WLE
|
$1.30 Billion |
|
Mitra Keluarga Karyasehat Tbk PT
JK:MIKA
|
$1.30 Billion |
|
Zhejiang Wanliyang Transmission Co Ltd
SHE:002434
|
$1.30 Billion |
|
Westamerica Bancorporation
NASDAQ:WABC
|
$1.30 Billion |
|
Pulse Biosciences Inc
NASDAQ:PLSE
|
$1.30 Billion |
|
Afry AB
ST:AFRY
|
$1.30 Billion |
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 2024 to 2025, total equity changed from 13,571,578,000 to 9,910,741,141, a change of -3,660,836,859 (-27.0%).
- Net loss of 6,624,696,171 reduced equity.
- Dividend payments of 4,295,384,903 reduced retained earnings.
- Other comprehensive income decreased equity by 3,761,600,000.
- Other factors increased equity by 11,020,844,214.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-6.62 Billion | -66.84% |
| Dividends Paid | CN¥4.30 Billion | -43.34% |
| Other Comprehensive Income | CN¥-3.76 Billion | -37.95% |
| Other Changes | CN¥11.02 Billion | +111.2% |
| Total Change | CN¥- | -26.97% |
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: 0.90x
- 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 34.01x to 0.90x 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¥3.45 | x |
| 1998-12-31 | CN¥0.11 | CN¥3.45 | x |
| 1999-12-31 | CN¥0.12 | CN¥3.45 | x |
| 2000-12-31 | CN¥0.14 | CN¥3.45 | x |
| 2001-12-31 | CN¥0.41 | CN¥3.45 | x |
| 2002-12-31 | CN¥1.34 | CN¥3.45 | x |
| 2003-12-31 | CN¥1.34 | CN¥3.45 | x |
| 2004-12-31 | CN¥1.46 | CN¥3.45 | x |
| 2005-12-31 | CN¥1.47 | CN¥3.45 | x |
| 2006-12-31 | CN¥5.19 | CN¥3.45 | x |
| 2007-12-31 | CN¥8.01 | CN¥3.45 | x |
| 2008-12-31 | CN¥2.34 | CN¥3.45 | x |
| 2009-12-31 | CN¥4.89 | CN¥3.45 | x |
| 2010-12-31 | CN¥4.67 | CN¥3.45 | x |
| 2011-12-31 | CN¥5.37 | CN¥3.45 | x |
| 2012-12-31 | CN¥5.82 | CN¥3.45 | x |
| 2013-12-31 | CN¥6.05 | CN¥3.45 | x |
| 2014-12-31 | CN¥6.50 | CN¥3.45 | x |
| 2015-12-31 | CN¥9.83 | CN¥3.45 | x |
| 2016-12-31 | CN¥11.51 | CN¥3.45 | x |
| 2017-12-31 | CN¥11.91 | CN¥3.45 | x |
| 2018-12-31 | CN¥11.97 | CN¥3.45 | x |
| 2019-12-31 | CN¥11.43 | CN¥3.45 | x |
| 2020-12-31 | CN¥12.25 | CN¥3.45 | x |
| 2021-12-31 | CN¥11.87 | CN¥3.45 | x |
| 2022-12-31 | CN¥10.78 | CN¥3.45 | x |
| 2023-12-31 | CN¥6.97 | CN¥3.45 | x |
| 2024-12-31 | CN¥5.26 | CN¥3.45 | x |
| 2025-12-31 | CN¥3.84 | CN¥3.45 | 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): -66.84%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -22.01%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 19.65x
- Recent ROE (-66.84%) is below the historical average (3.19%), 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 |
| 2025 | -66.84% | -22.01% | 0.15x | 19.65x | CN¥-7.62 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: $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 |
|---|---|---|---|---|
| Beijing Capital Development Co Ltd (600376) | CN¥39.95 Billion | 6.86% | 3.72x | $1.30 Billion |
| 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 Beijing Capital Development Co Ltd
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