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¥33.05 Billion CNY (≈ $4.84 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¥112.38 Billion ≈ $16.44 Billion USD) and total liabilities (CN¥79.32 Billion ≈ $11.61 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 600655 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥33.05 Billion |
| % of Total Assets | 29.41% |
| Annual Growth Rate | 25.79% |
| 5-Year Change | -20.63% |
| 10-Year Change | 202.98% |
| Growth Volatility | 727.46 |
Shanghai Yuyuan Tourist Mart Co Ltd - Net Assets Trend (1990–2025)
This chart illustrates how Shanghai Yuyuan Tourist Mart Co Ltd's net assets have evolved over time, based on quarterly financial data. See how many days can Shanghai Yuyuan Tourist Mart Co Ltd fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Shanghai Yuyuan Tourist Mart Co Ltd (1990–2025)
The table below shows the annual net assets of Shanghai Yuyuan Tourist Mart Co Ltd from 1990 to 2025. For live valuation and market cap data, see 600655 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥33.14 Billion ≈ $4.85 Billion |
-14.67% |
| 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 |
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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 321975.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥13.75 Billion | 45.82% |
| Common Stock | CN¥3.89 Billion | 12.97% |
| Other Comprehensive Income | CN¥3.73 Billion | 12.44% |
| Other Components | CN¥8.63 Billion | 28.77% |
| Total Equity | CN¥30.01 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 |
|---|---|
|
Petrosea Tbk
JK:PTRO
|
$2.52 Billion |
|
Guangdong Dowstone Technology Co Ltd
SHE:300409
|
$2.52 Billion |
|
Vera Therapeutics Inc
NASDAQ:VERA
|
$2.52 Billion |
|
SIMS LTD. ADR
F:I8MA
|
$2.52 Billion |
|
Clas Ohlson AB (publ)
ST:CLAS-B
|
$2.52 Billion |
|
LuxNet
TWO:4979
|
$2.52 Billion |
|
TAG IMMOBILIEN ADR 1/2
F:TEG0
|
$2.51 Billion |
|
Roshow Technology Co Ltd
SHE:002617
|
$2.51 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 2024 to 2025, total equity changed from 35,545,080,000 to 30,011,294,000, a change of -5,533,786,000 (-15.6%).
- Net loss of 4,896,660,000 reduced equity.
- Dividend payments of 735,489,732 reduced retained earnings.
- Share repurchases of 231,569,511 reduced equity.
- Other comprehensive income decreased equity by 116,028,000.
- Other factors increased equity by 445,961,243.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-4.90 Billion | -16.32% |
| Dividends Paid | CN¥735.49 Million | -2.45% |
| Share Repurchases | CN¥231.57 Million | -0.77% |
| Other Comprehensive Income | CN¥-116.03 Million | -0.39% |
| Other Changes | CN¥445.96 Million | +1.49% |
| Total Change | CN¥- | -15.57% |
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: 0.57x
- 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 590.22x to 0.57x 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¥4.42 | x |
| 1991-12-31 | CN¥0.01 | CN¥4.42 | x |
| 1992-12-31 | CN¥0.36 | CN¥4.42 | x |
| 1993-12-31 | CN¥0.52 | CN¥4.42 | x |
| 1994-12-31 | CN¥0.56 | CN¥4.42 | x |
| 1995-12-31 | CN¥0.55 | CN¥4.42 | x |
| 1996-12-31 | CN¥0.61 | CN¥4.42 | x |
| 1997-12-31 | CN¥0.91 | CN¥4.42 | x |
| 1998-12-31 | CN¥0.97 | CN¥4.42 | x |
| 1999-12-31 | CN¥0.99 | CN¥4.42 | x |
| 2000-12-31 | CN¥1.18 | CN¥4.42 | x |
| 2001-12-31 | CN¥1.16 | CN¥4.42 | x |
| 2002-12-31 | CN¥1.19 | CN¥4.42 | x |
| 2003-12-31 | CN¥1.23 | CN¥4.42 | x |
| 2004-12-31 | CN¥1.26 | CN¥4.42 | x |
| 2005-12-31 | CN¥1.29 | CN¥4.42 | x |
| 2006-12-31 | CN¥1.58 | CN¥4.42 | x |
| 2007-12-31 | CN¥2.20 | CN¥4.42 | x |
| 2008-12-31 | CN¥2.20 | CN¥4.42 | x |
| 2009-12-31 | CN¥2.77 | CN¥4.42 | x |
| 2010-12-31 | CN¥3.18 | CN¥4.42 | x |
| 2011-12-31 | CN¥3.54 | CN¥4.42 | x |
| 2012-12-31 | CN¥4.05 | CN¥4.42 | x |
| 2013-12-31 | CN¥4.57 | CN¥4.42 | x |
| 2014-12-31 | CN¥5.23 | CN¥4.42 | x |
| 2015-12-31 | CN¥5.53 | CN¥4.42 | x |
| 2016-12-31 | CN¥7.35 | CN¥4.42 | x |
| 2017-12-31 | CN¥3.20 | CN¥4.42 | x |
| 2018-12-31 | CN¥8.12 | CN¥4.42 | x |
| 2019-12-31 | CN¥8.08 | CN¥4.42 | x |
| 2020-12-31 | CN¥8.52 | CN¥4.42 | x |
| 2021-12-31 | CN¥8.83 | CN¥4.42 | x |
| 2022-12-31 | CN¥9.19 | CN¥4.42 | x |
| 2023-12-31 | CN¥9.35 | CN¥4.42 | x |
| 2024-12-31 | CN¥9.17 | CN¥4.42 | x |
| 2025-12-31 | CN¥7.75 | CN¥4.42 | 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): -16.32%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -13.54%
- • Asset Turnover: 0.31x
- • Equity Multiplier: 3.83x
- Recent ROE (-16.32%) is below the historical average (12.09%), 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 |
| 2025 | -16.32% | -13.54% | 0.31x | 3.83x | CN¥-7.90 Billion |
Industry Comparison
This section compares Shanghai Yuyuan Tourist Mart Co Ltd's net assets metrics with peer companies in the Luxury Goods industry.
Industry Context
- Industry: Luxury Goods
- Average net assets among peers: $1,767,813,503
- Average return on equity (ROE) among peers: 11.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shanghai Yuyuan Tourist Mart Co Ltd (600655) | CN¥33.05 Billion | 58.26% | 2.40x | $2.52 Billion |
| Shenzhen Tellus Holding Co Ltd (000025) | $1.10 Billion | 7.91% | 0.51x | $883.40 Million |
| Fiyta Holdings Ltd (000026) | $2.30 Billion | 5.28% | 0.84x | $1.14 Billion |
| Innovative Medical Management Co Ltd (002173) | $520.22 Million | 7.34% | 0.95x | $1.10 Billion |
| Guangdong CHJ Industry Co Ltd (002345) | $2.72 Billion | 7.25% | 0.68x | $1.25 Billion |
| Zhejiang Ming Jewelry Co Ltd (002574) | $686.54 Million | 31.58% | 2.07x | $351.55 Million |
| Beijing Kingee Culture Development Co Ltd (002721) | $500.89 Million | 15.59% | 2.33x | $906.72 Million |
| Shenyang Cuihua Gold and Silver Jewelry Co Ltd (002731) | $1.62 Billion | 10.65% | 2.23x | $163.05 Million |
| Chow Tai Seng Jewellery Co Ltd (002867) | $4.74 Billion | 20.90% | 0.25x | $1.88 Billion |
| Shenzhen Tellus Holding Co Ltd (200025) | $908.54 Million | 2.99% | 0.31x | $19.55 Million |
| Fiyta Holdings Ltd (200026) | $2.57 Billion | 7.15% | 0.40x | $40.20 Million |
About Shanghai Yuyuan Tourist Mart Co Ltd
Shanghai Yuyuan Tourist Mart (Group) Co., Ltd. engages in wholesale, retail, and real estate business activities in China. The company is involved in the wholesale and retail of gold jewelry; real estate development; property leasing and management; catering management and services; and food, general merchandise, and crafts business. It also provides business management and leasing services; watc… Read more