Greenland Holdings Corp Ltd (600606) - Net Assets

Latest as of June 2026: CN¥84.04 Billion CNY ≈ $12.30 Billion USD

Based on the latest financial reports, Greenland Holdings Corp Ltd (600606) has net assets worth CN¥84.04 Billion CNY (≈ $12.30 Billion USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.05 Trillion ≈ $153.66 Billion USD) and total liabilities (CN¥966.05 Billion ≈ $141.36 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 600606 strategic asset allocation to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥84.04 Billion
% of Total Assets 8.0%
Annual Growth Rate 22.14%
5-Year Change -48.29%
10-Year Change 9.39%
Growth Volatility 638.18

Greenland Holdings Corp Ltd - Net Assets Trend (1992–2025)

This chart illustrates how Greenland Holdings Corp Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Greenland Holdings Corp Ltd (600606) market capitalisation.

Annual Net Assets for Greenland Holdings Corp Ltd (1992–2025)

The table below shows the annual net assets of Greenland Holdings Corp Ltd from 1992 to 2025. Also explore 600606 year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Year Net Assets Change
2025-12-31 CN¥84.75 Billion
≈ $12.40 Billion		 -28.90%
2024-12-31 CN¥119.20 Billion
≈ $17.44 Billion		 -17.88%
2023-12-31 CN¥145.15 Billion
≈ $21.24 Billion		 -11.64%
2022-12-31 CN¥164.27 Billion
≈ $24.04 Billion		 +0.24%
2021-12-31 CN¥163.88 Billion
≈ $23.98 Billion		 +5.54%
2020-12-31 CN¥155.27 Billion
≈ $22.72 Billion		 +18.18%
2019-12-31 CN¥131.39 Billion
≈ $19.23 Billion		 +20.63%
2018-12-31 CN¥108.93 Billion
≈ $15.94 Billion		 +16.56%
2017-12-31 CN¥93.45 Billion
≈ $13.67 Billion		 +20.62%
2016-12-31 CN¥77.48 Billion
≈ $11.34 Billion		 +7.86%
2015-12-31 CN¥71.83 Billion
≈ $10.51 Billion		 +3730.37%
2014-12-31 CN¥1.88 Billion
≈ $274.42 Million		 -14.81%
2013-12-31 CN¥2.20 Billion
≈ $322.14 Million		 +0.04%
2012-12-31 CN¥2.20 Billion
≈ $322.03 Million		 +4.19%
2011-12-31 CN¥2.11 Billion
≈ $309.08 Million		 +6.77%
2010-12-31 CN¥1.98 Billion
≈ $289.49 Million		 +6.45%
2009-12-31 CN¥1.86 Billion
≈ $271.94 Million		 +17.52%
2008-12-31 CN¥1.58 Billion
≈ $231.39 Million		 -10.07%
2007-12-31 CN¥1.76 Billion
≈ $257.30 Million		 +35.01%
2006-12-31 CN¥1.30 Billion
≈ $190.58 Million		 +5.51%
2005-12-31 CN¥1.23 Billion
≈ $180.64 Million		 +3.50%
2004-12-31 CN¥1.19 Billion
≈ $174.53 Million		 +7.80%
2003-12-31 CN¥1.11 Billion
≈ $161.89 Million		 +8.87%
2002-12-31 CN¥1.02 Billion
≈ $148.70 Million		 +196.00%
2001-12-31 CN¥343.31 Million
≈ $50.24 Million		 +17.33%
2000-12-31 CN¥292.60 Million
≈ $42.82 Million		 +15.70%
1999-12-31 CN¥252.88 Million
≈ $37.00 Million		 +44.09%
1998-12-31 CN¥175.51 Million
≈ $25.68 Million		 +24.51%
1997-12-31 CN¥140.96 Million
≈ $20.63 Million		 -6.49%
1996-12-31 CN¥150.74 Million
≈ $22.06 Million		 -8.33%
1995-12-31 CN¥164.44 Million
≈ $24.06 Million		 +3.61%
1994-12-31 CN¥158.70 Million
≈ $23.22 Million		 +1.55%
1993-12-31 CN¥156.28 Million
≈ $22.87 Million		 +35.53%
1992-12-31 CN¥115.31 Million
≈ $16.87 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Greenland Holdings Corp 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 grown by 161909.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings CN¥9.14 Billion 23.90%
Other Components CN¥29.11 Billion 76.10%
Total Equity CN¥38.25 Billion 100.00%

Greenland Holdings Corp Ltd Competitors by Market Cap

The table below lists competitors of Greenland Holdings Corp Ltd ranked by their market capitalization.

Company Market Cap
Exponent Inc
NASDAQ:EXPO
 $3.15 Billion
Huaneng Power International Inc
F:HUP1
 $3.15 Billion
ABCELLERA BIOLOGICS
F:8QQ
 $3.15 Billion
China Communications Construction Company Limited
F:CYY
 $3.15 Billion
Shanghai Phichem Material Co Ltd Class A
SHE:300398
 $3.15 Billion
HSBC Holdings PLC
LSE:HSBA
 $3.14 Billion
Shenzhen Senior Technology Material Co Ltd
SHE:300568
 $3.14 Billion
Steven Madden Ltd
NASDAQ:SHOO
 $3.14 Billion

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 64,021,535,000 to 38,248,649,377, a change of -25,772,885,623 (-40.3%).
  • Net loss of 26,212,737,206 reduced equity.
  • Dividend payments of 3,754,173,061 reduced retained earnings.
  • Other comprehensive income decreased equity by 5,410,227,000.
  • Other factors increased equity by 9,604,251,645.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CN¥-26.21 Billion -68.53%
Dividends Paid CN¥3.75 Billion -9.82%
Other Comprehensive Income CN¥-5.41 Billion -14.14%
Other Changes CN¥9.60 Billion +25.11%
Total Change CN¥- -40.26%

Book Value vs Market Value Analysis

This analysis compares Greenland Holdings Corp 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: 0.56x
  • 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 6.30x to 0.56x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1992-12-31 CN¥0.24 CN¥1.53 x
1993-12-31 CN¥0.30 CN¥1.53 x
1994-12-31 CN¥0.33 CN¥1.53 x
1995-12-31 CN¥0.35 CN¥1.53 x
1996-12-31 CN¥0.32 CN¥1.53 x
1997-12-31 CN¥0.30 CN¥1.53 x
1998-12-31 CN¥0.34 CN¥1.53 x
1999-12-31 CN¥0.43 CN¥1.53 x
2000-12-31 CN¥0.49 CN¥1.53 x
2001-12-31 CN¥0.60 CN¥1.53 x
2002-12-31 CN¥2.02 CN¥1.53 x
2003-12-31 CN¥2.17 CN¥1.53 x
2004-12-31 CN¥2.31 CN¥1.53 x
2005-12-31 CN¥2.44 CN¥1.53 x
2006-12-31 CN¥2.86 CN¥1.53 x
2007-12-31 CN¥3.07 CN¥1.53 x
2008-12-31 CN¥2.86 CN¥1.53 x
2009-12-31 CN¥3.01 CN¥1.53 x
2010-12-31 CN¥3.20 CN¥1.53 x
2011-12-31 CN¥3.50 CN¥1.53 x
2012-12-31 CN¥3.60 CN¥1.53 x
2013-12-31 CN¥3.54 CN¥1.53 x
2014-12-31 CN¥0.14 CN¥1.53 x
2015-12-31 CN¥3.87 CN¥1.53 x
2016-12-31 CN¥3.99 CN¥1.53 x
2017-12-31 CN¥4.43 CN¥1.53 x
2018-12-31 CN¥4.96 CN¥1.53 x
2019-12-31 CN¥5.61 CN¥1.53 x
2020-12-31 CN¥6.03 CN¥1.53 x
2021-12-31 CN¥6.40 CN¥1.53 x
2022-12-31 CN¥6.45 CN¥1.53 x
2023-12-31 CN¥5.72 CN¥1.53 x
2024-12-31 CN¥4.57 CN¥1.53 x
2025-12-31 CN¥2.72 CN¥1.53 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Greenland Holdings Corp 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): -68.53%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -14.52%
  • • Asset Turnover: 0.17x
  • • Equity Multiplier: 28.05x
  • Recent ROE (-68.53%) is below the historical average (25.08%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1992 9.79% 8.17% 0.38x 3.15x CN¥-245.13K
1993 5.33% 3.58% 0.49x 3.03x CN¥-6.73 Million
1994 8.79% 5.83% 0.49x 3.06x CN¥-1.92 Million
1995 2.34% 1.07% 0.71x 3.06x CN¥-12.59 Million
1996 -15.29% -9.23% 0.57x 2.91x CN¥-38.12 Million
1997 2.53% 1.45% 0.56x 3.09x CN¥-10.53 Million
1998 13.40% 11.45% 0.32x 3.61x CN¥5.54 Million
1999 20.37% 29.78% 0.18x 3.75x CN¥21.27 Million
2000 15.21% 14.64% 0.22x 4.75x CN¥12.05 Million
2001 26.49% 11.80% 0.44x 5.08x CN¥47.07 Million
2002 6.33% 5.60% 0.49x 2.28x CN¥-35.26 Million
2003 7.23% 9.27% 0.34x 2.26x CN¥-28.46 Million
2004 7.93% 8.33% 0.37x 2.57x CN¥-22.61 Million
2005 7.00% 11.89% 0.25x 2.36x CN¥-34.79 Million
2006 8.74% 29.55% 0.13x 2.24x CN¥-15.45 Million
2007 8.86% 12.28% 0.42x 1.73x CN¥-19.19 Million
2008 9.78% 25.84% 0.20x 1.90x CN¥-3.47 Million
2009 11.19% 31.49% 0.17x 2.12x CN¥21.54 Million
2010 11.66% 17.41% 0.29x 2.31x CN¥32.12 Million
2011 9.65% 24.04% 0.15x 2.68x CN¥-7.37 Million
2012 4.80% 23.84% 0.07x 2.73x CN¥-113.54 Million
2013 375.22% 3.25% 40.95x 2.82x CN¥7.99 Billion
2014 298.64% 2.13% 35.17x 3.99x CN¥5.38 Billion
2015 12.97% 3.32% 0.35x 11.31x CN¥1.58 Billion
2016 12.81% 2.91% 0.34x 13.03x CN¥1.58 Billion
2017 15.01% 3.23% 0.34x 13.57x CN¥3.13 Billion
2018 16.23% 3.26% 0.34x 14.79x CN¥4.36 Billion
2019 18.69% 3.44% 0.37x 14.52x CN¥6.85 Billion
2020 17.69% 3.29% 0.33x 16.48x CN¥6.52 Billion
2021 6.87% 1.13% 0.37x 16.33x CN¥-2.82 Billion
2022 1.13% 0.24% 0.32x 15.06x CN¥-8.04 Billion
2023 -11.89% -2.65% 0.30x 14.86x CN¥-17.59 Billion
2024 -24.29% -6.46% 0.22x 17.18x CN¥-21.95 Billion
2025 -68.53% -14.52% 0.17x 28.05x CN¥-30.04 Billion

Industry Comparison

This section compares Greenland Holdings Corp Ltd's net assets metrics with peer companies in the Real Estate Services industry.

Industry Context

  • Industry: Real Estate Services
  • Average net assets among peers: $1,456,961,330
  • Average return on equity (ROE) among peers: 2.69%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Greenland Holdings Corp Ltd (600606) CN¥84.04 Billion 9.79% 11.49x $3.15 Billion
Shenzhen SEG Co Ltd (000058) $1.11 Billion -28.21% 0.23x $1.06 Billion
5I5j Holding Group Co Ltd (000560) $8.04 Billion 0.91% 1.13x $1.21 Billion
DongGuan Winnerway Industrial Zone Ltd (000573) $1.47 Billion 2.21% 0.51x $356.79 Million
Beijing Mainstreets Investment (000609) $1.54 Billion 1.90% 1.73x $430.04 Million
Rongfeng Holding Group (000668) $162.29 Million 18.51% 0.98x $374.31 Million
Sanxiang Co Ltd (000863) $-1.03 Billion 0.00% 0.00x $808.58 Million
China Merchants Property Operation & Service Co Ltd (001914) $0.00 0.00% 0.00x $1.41 Billion
Shenzhen Worldunion Properties Consultancy Inc (002285) $1.51 Billion 13.99% 0.55x $933.16 Million
Chongqing New Dazheng Property Grp (002968) $107.01 Million 25.35% 1.42x $321.18 Million
Shenzhen SEG Co Ltd (200058) $1.66 Billion -7.79% 1.09x $50.02 Million

About Greenland Holdings Corp Ltd

SHG:600606 China Real Estate Services
Market Cap
$3.15 Billion
CN¥21.50 Billion CNY
Market Cap Rank
#4809 Global
#797 in China
Share Price
CN¥1.53
Change (1 day)
-4.38%
52-Week Range
CN¥1.21 - CN¥1.90
All Time High
CN¥13.22
Categories
Companies in China Real Estate Services
About

Greenland Holdings Corporation Limited, together with its subsidiaries, engages in the real estate development business in China, Hong Kong, Macau, Taiwan, and internationally. It operates through the Real Estate and Related Industries; Consumer and Producer Services Industries; Financial Investment Industry; Large Infrastructure Industry; and Other Business segments. The company develops residen… Read more