Gemdale Corp (600383) - Net Assets

Latest as of September 2025: CN¥95.47 Billion CNY ≈ $13.97 Billion USD

Based on the latest financial reports, Gemdale Corp (600383) has net assets worth CN¥95.47 Billion CNY (≈ $13.97 Billion USD) 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 ≈ $38.35 Billion USD) and total liabilities (CN¥166.62 Billion ≈ $24.38 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 financial resilience of Gemdale Corp to evaluate the company's liquid asset resilience ratio.

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. Also explore Gemdale Corp asset portfolio for the complete picture of this company's asset base.

Annual Net Assets for Gemdale Corp (1998–2024)

The table below shows the annual net assets of Gemdale Corp from 1998 to 2024. For live valuation and market cap data, see how much is Gemdale Corp worth.

Year	Net Assets	Change
2024-12-31	CN¥103.47 Billion ≈ $15.14 Billion	-11.49%
2023-12-31	CN¥116.90 Billion ≈ $17.11 Billion	+0.55%
2022-12-31	CN¥116.26 Billion ≈ $17.01 Billion	+5.49%
2021-12-31	CN¥110.21 Billion ≈ $16.13 Billion	+17.19%
2020-12-31	CN¥94.04 Billion ≈ $13.76 Billion	+14.17%
2019-12-31	CN¥82.37 Billion ≈ $12.05 Billion	+23.91%
2018-12-31	CN¥66.48 Billion ≈ $9.73 Billion	+14.70%
2017-12-31	CN¥57.96 Billion ≈ $8.48 Billion	+9.14%
2016-12-31	CN¥53.10 Billion ≈ $7.77 Billion	+11.53%
2015-12-31	CN¥47.62 Billion ≈ $6.97 Billion	+17.51%
2014-12-31	CN¥40.52 Billion ≈ $5.93 Billion	+6.53%
2013-12-31	CN¥38.04 Billion ≈ $5.57 Billion	+22.71%
2012-12-31	CN¥31.00 Billion ≈ $4.54 Billion	+18.57%
2011-12-31	CN¥26.14 Billion ≈ $3.83 Billion	+24.45%
2010-12-31	CN¥21.01 Billion ≈ $3.07 Billion	+24.66%
2009-12-31	CN¥16.85 Billion ≈ $2.47 Billion	+61.87%
2008-12-31	CN¥10.41 Billion ≈ $1.52 Billion	+13.13%
2007-12-31	CN¥9.20 Billion ≈ $1.35 Billion	+158.29%
2006-12-31	CN¥3.56 Billion ≈ $521.32 Million	+16.49%
2005-12-31	CN¥3.06 Billion ≈ $447.54 Million	+12.15%
2004-12-31	CN¥2.73 Billion ≈ $399.05 Million	+71.30%
2003-12-31	CN¥1.59 Billion ≈ $232.95 Million	+9.99%
2002-12-31	CN¥1.45 Billion ≈ $211.80 Million	+5.04%
2001-12-31	CN¥1.38 Billion ≈ $201.65 Million	+271.10%
2000-12-31	CN¥371.33 Million ≈ $54.34 Million	+4.78%
1999-12-31	CN¥354.40 Million ≈ $51.86 Million	+8.51%
1998-12-31	CN¥326.61 Million ≈ $47.79 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
C*Core Technology Co Ltd SHG:688262	$1.92 Billion
Shenzhen Zhenye Group Co Ltd SHE:000006	$1.92 Billion
Shanghai SK Automation Technology Co. Ltd. A SHG:688155	$1.92 Billion
Nexwise Intelligence China Limited SHE:301248	$1.92 Billion
Vardhman Textiles Limited NSE:VTL	$1.91 Billion
Getac Technology Corp TW:3005	$1.91 Billion
Pitney Bowes Inc NYSE:PBI	$1.91 Billion
Neinor Homes SLU MC:HOME	$1.91 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: 0.22x
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 27.08x to 0.22x 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¥2.90	x
1999-12-31	CN¥0.12	CN¥2.90	x
2000-12-31	CN¥0.12	CN¥2.90	x
2001-12-31	CN¥0.42	CN¥2.90	x
2002-12-31	CN¥0.44	CN¥2.90	x
2003-12-31	CN¥0.50	CN¥2.90	x
2004-12-31	CN¥0.84	CN¥2.90	x
2005-12-31	CN¥0.90	CN¥2.90	x
2006-12-31	CN¥0.99	CN¥2.90	x
2007-12-31	CN¥2.43	CN¥2.90	x
2008-12-31	CN¥2.40	CN¥2.90	x
2009-12-31	CN¥3.63	CN¥2.90	x
2010-12-31	CN¥3.94	CN¥2.90	x
2011-12-31	CN¥4.58	CN¥2.90	x
2012-12-31	CN¥5.25	CN¥2.90	x
2013-12-31	CN¥6.53	CN¥2.90	x
2014-12-31	CN¥7.01	CN¥2.90	x
2015-12-31	CN¥7.45	CN¥2.90	x
2016-12-31	CN¥8.32	CN¥2.90	x
2017-12-31	CN¥9.06	CN¥2.90	x
2018-12-31	CN¥10.27	CN¥2.90	x
2019-12-31	CN¥11.98	CN¥2.90	x
2020-12-31	CN¥12.73	CN¥2.90	x
2021-12-31	CN¥13.95	CN¥2.90	x
2022-12-31	CN¥14.45	CN¥2.90	x
2023-12-31	CN¥14.65	CN¥2.90	x
2024-12-31	CN¥13.03	CN¥2.90	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: $1,681,055,904
Average return on equity (ROE) among peers: 10.15%

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	$1.92 Billion
China Vanke Co Ltd Class A (000002)	$2.15 Billion	10.68%	1.09x	$5.56 Billion
Shenzhen Zhenye Group Co Ltd (000006)	$347.86 Million	16.58%	0.44x	$1.92 Billion
Shenzhen Properties & Resources Development Group Ltd (000011)	$566.75 Million	-4.83%	2.33x	$623.95 Million
Shahe Industry Co Ltd (000014)	$1.68 Billion	0.98%	0.31x	$467.53 Million
Grandjoy Holdings Group Co Ltd (000031)	$7.12 Billion	5.93%	3.58x	$1.92 Billion
China Union Holdings Ltd (000036)	$2.30 Billion	3.02%	0.68x	$1.15 Billion
Shenzhen Centralcon Investment Holding Co Ltd (000042)	$167.35 Million	57.44%	2.45x	$936.86 Million
Shenzhen Wongtee International Enterprise Co Ltd (000056)	$214.45 Million	3.27%	2.40x	$239.16 Million
Financial Street Holdings Co Ltd (000402)	$167.24 Million	2.28%	0.98x	$1.39 Billion
Chongqing Yukaifa Co Ltd (000514)	$2.11 Billion	6.12%	0.46x	$608.71 Million

About Gemdale Corp

SHG:600383 China Real Estate - Development

Market Cap

$1.92 Billion

CN¥13.09 Billion CNY

Market Cap Rank

#6432 Global

#1452 in China

Share Price

CN¥2.90

Change (1 day)

+1.05%

52-Week Range

CN¥2.59 - CN¥4.38

All Time High

CN¥14.81