Shanghai Yuyuan Tourist Mart Co Ltd (600655) - Net Assets
Based on the latest financial reports, Shanghai Yuyuan Tourist Mart Co Ltd (600655) has net assets worth CN¥37.25 Billion CNY (≈ $5.45 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¥119.82 Billion ≈ $17.53 Billion USD) and total liabilities (CN¥82.56 Billion ≈ $12.08 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 asset resilience ratio of Shanghai Yuyuan Tourist Mart Co Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥37.25 Billion |
| % of Total Assets | 31.09% |
| Annual Growth Rate | 27.24% |
| 5-Year Change | -3.06% |
| 10-Year Change | 361.05% |
| Growth Volatility | 737.58 |
Shanghai Yuyuan Tourist Mart Co Ltd - Net Assets Trend (1990–2024)
This chart illustrates how Shanghai Yuyuan Tourist Mart Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 600655 total assets for the complete picture of this company's asset base.
Annual Net Assets for Shanghai Yuyuan Tourist Mart Co Ltd (1990–2024)
The table below shows the annual net assets of Shanghai Yuyuan Tourist Mart Co Ltd from 1990 to 2024. For live valuation and market cap data, see 600655 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥38.84 Billion ≈ $5.68 Billion |
-2.07% |
| 2023-12-31 | CN¥39.66 Billion ≈ $5.80 Billion |
+0.13% |
| 2022-12-31 | CN¥39.61 Billion ≈ $5.80 Billion |
-5.14% |
| 2021-12-31 | CN¥41.76 Billion ≈ $6.11 Billion |
+4.22% |
| 2020-12-31 | CN¥40.07 Billion ≈ $5.86 Billion |
+9.85% |
| 2019-12-31 | CN¥36.47 Billion ≈ $5.34 Billion |
+13.36% |
| 2018-12-31 | CN¥32.17 Billion ≈ $4.71 Billion |
+182.41% |
| 2017-12-31 | CN¥11.39 Billion ≈ $1.67 Billion |
+4.16% |
| 2016-12-31 | CN¥10.94 Billion ≈ $1.60 Billion |
+29.84% |
| 2015-12-31 | CN¥8.42 Billion ≈ $1.23 Billion |
+4.89% |
| 2014-12-31 | CN¥8.03 Billion ≈ $1.18 Billion |
+12.87% |
| 2013-12-31 | CN¥7.12 Billion ≈ $1.04 Billion |
+11.98% |
| 2012-12-31 | CN¥6.35 Billion ≈ $929.82 Million |
+18.98% |
| 2011-12-31 | CN¥5.34 Billion ≈ $781.48 Million |
+11.68% |
| 2010-12-31 | CN¥4.78 Billion ≈ $699.72 Million |
+16.00% |
| 2009-12-31 | CN¥4.12 Billion ≈ $603.22 Million |
+25.17% |
| 2008-12-31 | CN¥3.29 Billion ≈ $481.93 Million |
+0.79% |
| 2007-12-31 | CN¥3.27 Billion ≈ $478.15 Million |
+37.91% |
| 2006-12-31 | CN¥2.37 Billion ≈ $346.70 Million |
+23.51% |
| 2005-12-31 | CN¥1.92 Billion ≈ $280.72 Million |
+2.94% |
| 2004-12-31 | CN¥1.86 Billion ≈ $272.71 Million |
+1.99% |
| 2003-12-31 | CN¥1.83 Billion ≈ $267.39 Million |
+3.34% |
| 2002-12-31 | CN¥1.77 Billion ≈ $258.74 Million |
+0.57% |
| 2001-12-31 | CN¥1.76 Billion ≈ $257.28 Million |
-1.06% |
| 2000-12-31 | CN¥1.78 Billion ≈ $260.03 Million |
+20.00% |
| 1999-12-31 | CN¥1.48 Billion ≈ $216.68 Million |
+4.35% |
| 1998-12-31 | CN¥1.42 Billion ≈ $207.66 Million |
+5.16% |
| 1997-12-31 | CN¥1.35 Billion ≈ $197.46 Million |
+52.56% |
| 1996-12-31 | CN¥884.53 Million ≈ $129.43 Million |
+11.78% |
| 1995-12-31 | CN¥791.33 Million ≈ $115.80 Million |
-1.26% |
| 1994-12-31 | CN¥801.40 Million ≈ $117.27 Million |
+7.59% |
| 1993-12-31 | CN¥744.87 Million ≈ $109.00 Million |
+42.50% |
| 1992-12-31 | CN¥522.73 Million ≈ $76.49 Million |
+4378.41% |
| 1991-12-31 | CN¥11.67 Million ≈ $1.71 Million |
+8.38% |
| 1990-12-31 | CN¥10.77 Million ≈ $1.58 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Shanghai Yuyuan Tourist Mart 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 grown by 453714.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥19.37 Billion | 54.51% |
| Common Stock | CN¥3.89 Billion | 10.96% |
| Other Comprehensive Income | CN¥3.85 Billion | 10.83% |
| Other Components | CN¥8.43 Billion | 23.71% |
| Total Equity | CN¥35.55 Billion | 100.00% |
Shanghai Yuyuan Tourist Mart Co Ltd Competitors by Market Cap
The table below lists competitors of Shanghai Yuyuan Tourist Mart Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Livzon Pharmaceutical Group Inc
SHE:000513
|
$2.81 Billion |
|
Viscofan
MC:VIS
|
$2.81 Billion |
|
Lotus Health Group Co
SHG:600186
|
$2.81 Billion |
|
Genting Malaysia Bhd
KLSE:4715
|
$2.82 Billion |
|
Axcelis Technologies Inc
NASDAQ:ACLS
|
$2.81 Billion |
|
Vista Energy S.A.B. de C.V.
BA:VIST
|
$2.81 Billion |
|
Shenzhen China Micro Semicon Co. Ltd. A
SHG:688380
|
$2.81 Billion |
|
Posco ICT Company Ltd
KQ:022100
|
$2.80 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shanghai Yuyuan Tourist Mart Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 36,326,966,141 to 35,545,080,000, a change of -781,886,141 (-2.2%).
- Net income of 125,258,124 contributed positively to equity growth.
- Dividend payments of 2,724,216,972 reduced retained earnings.
- Share repurchases of 165,569,654 reduced equity.
- Other comprehensive income increased equity by 261,285,783.
- Other factors increased equity by 1,721,356,578.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥125.26 Million | +0.35% |
| Dividends Paid | CN¥2.72 Billion | -7.66% |
| Share Repurchases | CN¥165.57 Million | -0.47% |
| Other Comprehensive Income | CN¥261.29 Million | +0.74% |
| Other Changes | CN¥1.72 Billion | +4.84% |
| Total Change | CN¥- | -2.15% |
Book Value vs Market Value Analysis
This analysis compares Shanghai Yuyuan Tourist Mart 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: 0.54x
- 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 658.32x to 0.54x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1990-12-31 | CN¥0.01 | CN¥4.93 | x |
| 1991-12-31 | CN¥0.01 | CN¥4.93 | x |
| 1992-12-31 | CN¥0.36 | CN¥4.93 | x |
| 1993-12-31 | CN¥0.52 | CN¥4.93 | x |
| 1994-12-31 | CN¥0.56 | CN¥4.93 | x |
| 1995-12-31 | CN¥0.55 | CN¥4.93 | x |
| 1996-12-31 | CN¥0.61 | CN¥4.93 | x |
| 1997-12-31 | CN¥0.91 | CN¥4.93 | x |
| 1998-12-31 | CN¥0.97 | CN¥4.93 | x |
| 1999-12-31 | CN¥0.99 | CN¥4.93 | x |
| 2000-12-31 | CN¥1.18 | CN¥4.93 | x |
| 2001-12-31 | CN¥1.16 | CN¥4.93 | x |
| 2002-12-31 | CN¥1.19 | CN¥4.93 | x |
| 2003-12-31 | CN¥1.23 | CN¥4.93 | x |
| 2004-12-31 | CN¥1.26 | CN¥4.93 | x |
| 2005-12-31 | CN¥1.29 | CN¥4.93 | x |
| 2006-12-31 | CN¥1.58 | CN¥4.93 | x |
| 2007-12-31 | CN¥2.20 | CN¥4.93 | x |
| 2008-12-31 | CN¥2.20 | CN¥4.93 | x |
| 2009-12-31 | CN¥2.77 | CN¥4.93 | x |
| 2010-12-31 | CN¥3.18 | CN¥4.93 | x |
| 2011-12-31 | CN¥3.54 | CN¥4.93 | x |
| 2012-12-31 | CN¥4.05 | CN¥4.93 | x |
| 2013-12-31 | CN¥4.57 | CN¥4.93 | x |
| 2014-12-31 | CN¥5.23 | CN¥4.93 | x |
| 2015-12-31 | CN¥5.53 | CN¥4.93 | x |
| 2016-12-31 | CN¥7.35 | CN¥4.93 | x |
| 2017-12-31 | CN¥3.20 | CN¥4.93 | x |
| 2018-12-31 | CN¥8.12 | CN¥4.93 | x |
| 2019-12-31 | CN¥8.08 | CN¥4.93 | x |
| 2020-12-31 | CN¥8.52 | CN¥4.93 | x |
| 2021-12-31 | CN¥8.83 | CN¥4.93 | x |
| 2022-12-31 | CN¥9.19 | CN¥4.93 | x |
| 2023-12-31 | CN¥9.35 | CN¥4.93 | x |
| 2024-12-31 | CN¥9.17 | CN¥4.93 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shanghai Yuyuan Tourist Mart 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): 0.35%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.27%
- • Asset Turnover: 0.39x
- • Equity Multiplier: 3.40x
- Recent ROE (0.35%) is below the historical average (12.90%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1990 | 58.26% | 2.79% | 4.82x | 4.33x | CN¥5.20 Million |
| 1991 | 58.30% | 2.36% | 3.54x | 6.97x | CN¥5.64 Million |
| 1992 | 5.48% | 7.90% | 0.52x | 1.32x | CN¥-23.64 Million |
| 1993 | 9.40% | 7.44% | 0.79x | 1.60x | CN¥-4.47 Million |
| 1994 | 8.98% | 5.77% | 0.80x | 1.96x | CN¥-8.16 Million |
| 1995 | 10.73% | 4.73% | 0.91x | 2.48x | CN¥5.71 Million |
| 1996 | 10.18% | 4.17% | 1.12x | 2.17x | CN¥1.58 Million |
| 1997 | 10.09% | 4.90% | 1.07x | 1.92x | CN¥1.19 Million |
| 1998 | 10.08% | 4.29% | 1.17x | 2.02x | CN¥1.18 Million |
| 1999 | 6.73% | 2.69% | 1.11x | 2.26x | CN¥-46.64 Million |
| 2000 | 5.72% | 2.68% | 1.05x | 2.03x | CN¥-72.36 Million |
| 2001 | 5.98% | 3.09% | 0.90x | 2.16x | CN¥-66.71 Million |
| 2002 | 5.49% | 3.63% | 0.85x | 1.78x | CN¥-77.50 Million |
| 2003 | 2.84% | 1.87% | 0.75x | 2.02x | CN¥-126.70 Million |
| 2004 | 4.00% | 2.11% | 0.89x | 2.12x | CN¥-108.27 Million |
| 2005 | 5.74% | 2.81% | 0.98x | 2.10x | CN¥-79.19 Million |
| 2006 | 10.29% | 5.21% | 0.94x | 2.11x | CN¥6.62 Million |
| 2007 | 24.02% | 13.62% | 0.80x | 2.22x | CN¥443.72 Million |
| 2008 | 10.39% | 4.24% | 1.04x | 2.36x | CN¥12.27 Million |
| 2009 | 12.08% | 5.83% | 0.95x | 2.17x | CN¥82.80 Million |
| 2010 | 14.72% | 5.57% | 1.17x | 2.25x | CN¥215.75 Million |
| 2011 | 16.80% | 5.20% | 1.34x | 2.41x | CN¥345.92 Million |
| 2012 | 16.61% | 4.77% | 1.82x | 1.91x | CN¥385.06 Million |
| 2013 | 14.92% | 4.35% | 1.64x | 2.08x | CN¥323.64 Million |
| 2014 | 13.36% | 5.24% | 1.38x | 1.84x | CN¥252.04 Million |
| 2015 | 10.68% | 4.84% | 1.02x | 2.16x | CN¥53.94 Million |
| 2016 | 4.53% | 3.06% | 0.67x | 2.19x | CN¥-578.32 Million |
| 2017 | 26.03% | 9.16% | 1.31x | 2.18x | CN¥1.78 Billion |
| 2018 | 10.57% | 8.94% | 0.40x | 2.97x | CN¥162.78 Million |
| 2019 | 10.20% | 7.28% | 0.44x | 3.17x | CN¥62.37 Million |
| 2020 | 10.94% | 7.93% | 0.41x | 3.40x | CN¥309.93 Million |
| 2021 | 11.00% | 7.25% | 0.40x | 3.84x | CN¥342.16 Million |
| 2022 | 10.32% | 7.33% | 0.39x | 3.60x | CN¥112.48 Million |
| 2023 | 5.57% | 3.48% | 0.47x | 3.41x | CN¥-1.61 Billion |
| 2024 | 0.35% | 0.27% | 0.39x | 3.40x | CN¥-3.43 Billion |
Industry Comparison
This section compares Shanghai Yuyuan Tourist Mart Co Ltd's net assets metrics with peer companies in the Department Stores industry.
Industry Context
- Industry: Department Stores
- Average net assets among peers: $1,784,586,171
- Average return on equity (ROE) among peers: 7.52%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shanghai Yuyuan Tourist Mart Co Ltd (600655) | CN¥37.25 Billion | 58.26% | 2.22x | $2.81 Billion |
| Hefei Department Store Group Co Ltd (000417) | $3.72 Billion | 9.85% | 1.14x | $763.47 Million |
| Changsha Tongcheng Holdings Co Ltd (000419) | $895.76 Million | 11.76% | 2.56x | $463.74 Million |
| Wushang Group Co Ltd (000501) | $1.56 Billion | 15.35% | 2.76x | $942.98 Million |
| CCOOP Group Co Ltd (000564) | $512.88 Million | 0.56% | 1.27x | $4.62 Billion |
| Dalian Friendship Group Co Ltd (000679) | $275.21 Million | -13.50% | 2.47x | $377.58 Million |
| Zhongxing Shenyang Commercial Building Group Co Ltd (000715) | $1.22 Billion | 7.30% | 0.75x | $473.70 Million |
| Easyhome New Retail Group Co Ltd (000785) | $636.92 Million | 1.30% | 2.21x | $2.35 Billion |
| Beijing Hualian Department Store Co Ltd (000882) | $6.26 Billion | 1.85% | 0.72x | $660.93 Million |
| Guangzhou Grandbuy Co Ltd (002187) | $2.38 Billion | 10.01% | 0.90x | $634.86 Million |
| Better Life Commercial Chain Share Co Ltd (002251) | $403.01 Million | 30.68% | 2.74x | $1.63 Billion |
About Shanghai Yuyuan Tourist Mart Co Ltd
Shanghai Yuyuan Tourist Mart (Group) Co., Ltd. engages in the wholesale, retail, and real estate business activities in China. The company is involved wholesale and retail of gold jewelry; real estate development; property leasing and management; catering management and services; food, department stores and crafts. It also provides business management and leasing services; watch movement and fini… Read more