Gemdale Corp

SHG:600383 China Real Estate - Development
Market Cap
$1.91 Billion
CN¥14.00 Billion CNY
Market Cap Rank
#6633 Global
#1033 in China
Share Price
CN¥3.10
Change (1 day)
+0.32%
52-Week Range
CN¥3.03 - CN¥5.06
All Time High
CN¥14.81
Categories
Companies in China Real Estate - Development
About

Gemdale Corporation engages in the real estate development business in China and internationally. It is also involved in the development of commercial real estate, industrial park, commercial complex, housing rental; sales of residential properties; real estate finance; sports, management, education, and healthcare business; and property management businesses. Gemdale Corporation was founded in 1… Read more

Gemdale Corp (600383) - Net Assets

Latest net assets as of September 2025: CN¥95.47 Billion CNY

Based on the latest financial reports, Gemdale Corp (600383) has net assets worth CN¥95.47 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¥262.09 Billion) and total liabilities (CN¥166.62 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¥95.47 Billion
% of Total Assets 36.43%
Annual Growth Rate 24.79%
5-Year Change 10.03%
10-Year Change 117.31%
Growth Volatility 57.42

Gemdale Corp - Net Assets Trend (1998–2024)

This chart illustrates how Gemdale Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Gemdale Corp (1998–2024)

The table below shows the annual net assets of Gemdale Corp from 1998 to 2024.

Year Net Assets Change
2024-12-31 CN¥103.47 Billion -11.49%
2023-12-31 CN¥116.90 Billion +0.55%
2022-12-31 CN¥116.26 Billion +5.49%
2021-12-31 CN¥110.21 Billion +17.19%
2020-12-31 CN¥94.04 Billion +14.17%
2019-12-31 CN¥82.37 Billion +23.91%
2018-12-31 CN¥66.48 Billion +14.70%
2017-12-31 CN¥57.96 Billion +9.14%
2016-12-31 CN¥53.10 Billion +11.53%
2015-12-31 CN¥47.62 Billion +17.51%
2014-12-31 CN¥40.52 Billion +6.53%
2013-12-31 CN¥38.04 Billion +22.71%
2012-12-31 CN¥31.00 Billion +18.57%
2011-12-31 CN¥26.14 Billion +24.45%
2010-12-31 CN¥21.01 Billion +24.66%
2009-12-31 CN¥16.85 Billion +61.87%
2008-12-31 CN¥10.41 Billion +13.13%
2007-12-31 CN¥9.20 Billion +158.29%
2006-12-31 CN¥3.56 Billion +16.49%
2005-12-31 CN¥3.06 Billion +12.15%
2004-12-31 CN¥2.73 Billion +71.30%
2003-12-31 CN¥1.59 Billion +9.99%
2002-12-31 CN¥1.45 Billion +5.04%
2001-12-31 CN¥1.38 Billion +271.10%
2000-12-31 CN¥371.33 Million +4.78%
1999-12-31 CN¥354.40 Million +8.51%
1998-12-31 CN¥326.61 Million --

Equity Component Analysis

This analysis shows how different components contribute to Gemdale Corp'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 5109637700000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥51.10 Billion 86.55%
Common Stock CN¥4.51 Billion 7.65%
Other Comprehensive Income CN¥3.27 Billion 5.54%
Other Components CN¥156.44 Million 0.26%
Total Equity CN¥59.04 Billion 100.00%

Gemdale Corp Competitors by Market Cap

The table below lists competitors of Gemdale Corp ranked by their market capitalization.

Company Market Cap
JVCKENWOOD Corporation
OTCGREY:JVCKF
 		$1.18 Billion
Suofeiya Home Collection Co Ltd
SHE:002572
 		$1.18 Billion
Amylyx Pharmaceuticals Inc
NASDAQ:AMLX
 		$1.19 Billion
Nine Entertainment Co. Holdings Limited
PINK:NNMTF
 		$1.19 Billion
Tecnoglass Inc
NYSE:TGLS
 		$1.18 Billion
TriMas Corporation
NASDAQ:TRS
 		$1.18 Billion
CBIZ Inc
NYSE:CBZ
 		$1.18 Billion
GEORGIA CAPITAL LS 001
F:2IX
 		$1.18 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Gemdale Corp's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 65,059,674,812 to 59,039,922,000, a change of -6,019,752,812 (-9.3%).
  • Net loss of 6,115,084,000 reduced equity.
  • Dividend payments of 4,124,241,000 reduced retained earnings.
  • Other comprehensive income increased equity by 187,104,942.
  • Other factors increased equity by 4,032,467,246.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-6.12 Billion -10.36%
Dividends Paid CN¥4.12 Billion -6.99%
Other Comprehensive Income CN¥187.10 Million +0.32%
Other Changes CN¥4.03 Billion +6.83%
Total Change CN¥- -9.25%

Book Value vs Market Value Analysis

This analysis compares Gemdale Corp'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: 0.24x
  • 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 28.94x to 0.24x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1998-12-31 CN¥0.11 CN¥3.10 x
1999-12-31 CN¥0.12 CN¥3.10 x
2000-12-31 CN¥0.12 CN¥3.10 x
2001-12-31 CN¥0.42 CN¥3.10 x
2002-12-31 CN¥0.44 CN¥3.10 x
2003-12-31 CN¥0.50 CN¥3.10 x
2004-12-31 CN¥0.84 CN¥3.10 x
2005-12-31 CN¥0.90 CN¥3.10 x
2006-12-31 CN¥0.99 CN¥3.10 x
2007-12-31 CN¥2.43 CN¥3.10 x
2008-12-31 CN¥2.40 CN¥3.10 x
2009-12-31 CN¥3.63 CN¥3.10 x
2010-12-31 CN¥3.94 CN¥3.10 x
2011-12-31 CN¥4.58 CN¥3.10 x
2012-12-31 CN¥5.25 CN¥3.10 x
2013-12-31 CN¥6.53 CN¥3.10 x
2014-12-31 CN¥7.01 CN¥3.10 x
2015-12-31 CN¥7.45 CN¥3.10 x
2016-12-31 CN¥8.32 CN¥3.10 x
2017-12-31 CN¥9.06 CN¥3.10 x
2018-12-31 CN¥10.27 CN¥3.10 x
2019-12-31 CN¥11.98 CN¥3.10 x
2020-12-31 CN¥12.73 CN¥3.10 x
2021-12-31 CN¥13.95 CN¥3.10 x
2022-12-31 CN¥14.45 CN¥3.10 x
2023-12-31 CN¥14.65 CN¥3.10 x
2024-12-31 CN¥13.03 CN¥3.10 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Gemdale Corp 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): -10.36%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -8.12%
  • • Asset Turnover: 0.26x
  • • Equity Multiplier: 4.98x
  • Recent ROE (-10.36%) is below the historical average (12.56%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1998 19.15% 23.63% 0.50x 1.63x CN¥29.84 Million
1999 14.35% 17.12% 0.45x 1.85x CN¥15.40 Million
2000 22.71% 14.54% 0.51x 3.06x CN¥47.10 Million
2001 9.43% 18.14% 0.29x 1.78x CN¥-7.22 Million
2002 10.27% 14.24% 0.32x 2.29x CN¥3.59 Million
2003 10.96% 10.96% 0.31x 3.19x CN¥14.44 Million
2004 9.67% 7.76% 0.54x 2.30x CN¥-8.38 Million
2005 11.66% 12.43% 0.39x 2.41x CN¥45.68 Million
2006 15.37% 13.35% 0.33x 3.47x CN¥165.77 Million
2007 11.43% 12.89% 0.30x 3.00x CN¥120.75 Million
2008 9.04% 8.61% 0.28x 3.77x CN¥-89.41 Million
2009 11.83% 14.68% 0.22x 3.70x CN¥275.34 Million
2010 15.24% 13.75% 0.27x 4.12x CN¥926.03 Million
2011 14.61% 12.61% 0.26x 4.38x CN¥952.54 Million
2012 15.81% 11.31% 0.32x 4.36x CN¥1.37 Billion
2013 12.40% 10.36% 0.28x 4.26x CN¥697.40 Million
2014 12.70% 8.76% 0.37x 3.96x CN¥849.02 Million
2015 9.53% 9.78% 0.23x 4.15x CN¥-159.52 Million
2016 16.83% 11.39% 0.36x 4.10x CN¥2.56 Billion
2017 16.79% 18.33% 0.18x 5.10x CN¥2.77 Billion
2018 17.43% 16.10% 0.18x 5.99x CN¥3.45 Billion
2019 18.63% 15.97% 0.19x 6.19x CN¥4.67 Billion
2020 18.09% 12.43% 0.21x 6.99x CN¥4.65 Billion
2021 14.94% 9.51% 0.21x 7.35x CN¥3.11 Billion
2022 9.37% 5.09% 0.29x 6.43x CN¥-408.44 Million
2023 1.37% 0.91% 0.26x 5.75x CN¥-5.62 Billion
2024 -10.36% -8.12% 0.26x 4.98x CN¥-12.02 Billion

Industry Comparison

This section compares Gemdale Corp's net assets metrics with peer companies in the Real Estate - Development industry.

Industry Context

  • Industry: Real Estate - Development
  • Average net assets among peers: $9,981,031,371
  • Average return on equity (ROE) among peers: 6.00%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Gemdale Corp (600383) CN¥95.47 Billion 19.15% 1.75x $1.18 Billion
China Vanke Co Ltd Class A (000002) $2.15 Billion 10.68% 1.09x $5.28 Billion
Shenzhen Zhenye Group Co Ltd (000006) $2.89 Billion 15.02% 1.88x $1.04 Billion
Shahe Industry Co Ltd (000014) $605.85 Million 8.96% 1.98x $312.36 Million
Grandjoy Holdings Group Co Ltd (000031) $52.09 Billion 0.21% 3.08x $571.80 Million
China Union Holdings Ltd (000036) $2.68 Billion 2.58% 1.41x $356.29 Million
Shenzhen Centralcon Investment Holding Co Ltd (000042) $1.74 Billion 0.39% 2.19x $315.70 Million
Shenzhen Wongtee International Enterprise Co Ltd (000056) $5.55 Billion 0.90% 1.24x $213.53 Million
Financial Street Holdings Co Ltd (000402) $31.13 Billion 9.01% 2.62x $785.44 Million
Chongqing Yukaifa Co Ltd (000514) $147.43 Million 10.06% 0.84x $208.71 Million
Rongan Property Co Ltd (000517) $819.92 Million 2.19% 0.80x $214.19 Million