Cinda Real Estate Co Ltd (600657) - Net Assets
Based on the latest financial reports, Cinda Real Estate Co Ltd (600657) has net assets worth CN¥21.95 Billion CNY (≈ $3.21 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¥75.24 Billion ≈ $11.01 Billion USD) and total liabilities (CN¥53.30 Billion ≈ $7.80 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 Cinda Real Estate Co Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥21.95 Billion |
| % of Total Assets | 29.17% |
| Annual Growth Rate | 18.69% |
| 5-Year Change | 7.13% |
| 10-Year Change | 196.6% |
| Growth Volatility | 463.01 |
Cinda Real Estate Co Ltd - Net Assets Trend (1993–2024)
This chart illustrates how Cinda Real Estate Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Cinda Real Estate Co Ltd balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Cinda Real Estate Co Ltd (1993–2024)
The table below shows the annual net assets of Cinda Real Estate Co Ltd from 1993 to 2024. For live valuation and market cap data, see Cinda Real Estate Co Ltd (600657) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥25.94 Billion ≈ $3.80 Billion |
+2.63% |
| 2023-12-31 | CN¥25.27 Billion ≈ $3.70 Billion |
+0.70% |
| 2022-12-31 | CN¥25.10 Billion ≈ $3.67 Billion |
+1.83% |
| 2021-12-31 | CN¥24.65 Billion ≈ $3.61 Billion |
+1.80% |
| 2020-12-31 | CN¥24.21 Billion ≈ $3.54 Billion |
+6.37% |
| 2019-12-31 | CN¥22.76 Billion ≈ $3.33 Billion |
+9.03% |
| 2018-12-31 | CN¥20.87 Billion ≈ $3.05 Billion |
+107.36% |
| 2017-12-31 | CN¥10.07 Billion ≈ $1.47 Billion |
+8.04% |
| 2016-12-31 | CN¥9.32 Billion ≈ $1.36 Billion |
+6.55% |
| 2015-12-31 | CN¥8.74 Billion ≈ $1.28 Billion |
+6.24% |
| 2014-12-31 | CN¥8.23 Billion ≈ $1.20 Billion |
+8.15% |
| 2013-12-31 | CN¥7.61 Billion ≈ $1.11 Billion |
+6.82% |
| 2012-12-31 | CN¥7.12 Billion ≈ $1.04 Billion |
+5.94% |
| 2011-12-31 | CN¥6.73 Billion ≈ $984.11 Million |
+7.44% |
| 2010-12-31 | CN¥6.26 Billion ≈ $915.98 Million |
+14.31% |
| 2009-12-31 | CN¥5.48 Billion ≈ $801.34 Million |
+16.17% |
| 2008-12-31 | CN¥4.71 Billion ≈ $689.78 Million |
+2561.28% |
| 2007-12-31 | CN¥177.13 Million ≈ $25.92 Million |
-71.86% |
| 2006-12-31 | CN¥629.54 Million ≈ $92.12 Million |
+9.78% |
| 2005-12-31 | CN¥573.43 Million ≈ $83.91 Million |
-40.11% |
| 2004-12-31 | CN¥957.43 Million ≈ $140.10 Million |
+5.00% |
| 2003-12-31 | CN¥911.86 Million ≈ $133.43 Million |
+3.63% |
| 2002-12-31 | CN¥879.91 Million ≈ $128.76 Million |
-35.45% |
| 2001-12-31 | CN¥1.36 Billion ≈ $199.46 Million |
+2.48% |
| 2000-12-31 | CN¥1.33 Billion ≈ $194.64 Million |
+359.78% |
| 1999-12-31 | CN¥289.29 Million ≈ $42.33 Million |
+14.21% |
| 1998-12-31 | CN¥253.29 Million ≈ $37.06 Million |
+17.56% |
| 1997-12-31 | CN¥215.45 Million ≈ $31.53 Million |
+10.91% |
| 1996-12-31 | CN¥194.25 Million ≈ $28.43 Million |
+0.72% |
| 1995-12-31 | CN¥192.86 Million ≈ $28.22 Million |
-- |
| 1994-12-31 | CN¥0.00 ≈ $0.00 |
-- |
| 1993-12-31 | CN¥128.04 Million ≈ $18.74 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Cinda Real Estate 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 139379.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥12.22 Billion | 51.25% |
| Common Stock | CN¥2.85 Billion | 11.96% |
| Other Comprehensive Income | CN¥529.13 Million | 2.22% |
| Other Components | CN¥8.24 Billion | 34.56% |
| Total Equity | CN¥23.84 Billion | 100.00% |
Cinda Real Estate Co Ltd Competitors by Market Cap
The table below lists competitors of Cinda Real Estate Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Indegene Ltd
NSE:INDGN
|
$1.30 Billion |
|
Hilan Ltd
TA:HLAN
|
$1.30 Billion |
|
Arctech Solar Holding Co Ltd
SHG:688408
|
$1.30 Billion |
|
Shaanxi Ligeance Mineral Resources Co Ltd
SHE:000697
|
$1.30 Billion |
|
Cibus Nordic Real Estate AB (publ)
ST:CIBUS
|
$1.30 Billion |
|
Borusan Yatirim ve Pazarlama AS
IS:BRYAT
|
$1.30 Billion |
|
Cosmoam&T
KO:005070
|
$1.30 Billion |
|
OC Oerlikon Corp AG
SW:OERL
|
$1.30 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cinda Real Estate Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 24,631,784,328 to 23,838,638,882, a change of -793,145,446 (-3.2%).
- Net loss of 783,910,568 reduced equity.
- Dividend payments of 2,138,768,252 reduced retained earnings.
- Other comprehensive income decreased equity by 9,234,876.
- Other factors increased equity by 2,138,768,250.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-783.91 Million | -3.29% |
| Dividends Paid | CN¥2.14 Billion | -8.97% |
| Other Comprehensive Income | CN¥-9.23 Million | -0.04% |
| Other Changes | CN¥2.14 Billion | +8.97% |
| Total Change | CN¥- | -3.22% |
Book Value vs Market Value Analysis
This analysis compares Cinda Real Estate 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: 0.38x
- 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 12.38x to 0.38x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-12-31 | CN¥0.25 | CN¥3.11 | x |
| 1994-12-31 | CN¥0.38 | CN¥3.11 | x |
| 1995-12-31 | CN¥0.38 | CN¥3.11 | x |
| 1996-12-31 | CN¥0.38 | CN¥3.11 | x |
| 1997-12-31 | CN¥0.42 | CN¥3.11 | x |
| 1998-12-31 | CN¥0.50 | CN¥3.11 | x |
| 1999-12-31 | CN¥0.57 | CN¥3.11 | x |
| 2000-12-31 | CN¥1.46 | CN¥3.11 | x |
| 2001-12-31 | CN¥1.46 | CN¥3.11 | x |
| 2002-12-31 | CN¥1.61 | CN¥3.11 | x |
| 2003-12-31 | CN¥1.68 | CN¥3.11 | x |
| 2004-12-31 | CN¥0.95 | CN¥3.11 | x |
| 2005-12-31 | CN¥0.32 | CN¥3.11 | x |
| 2006-12-31 | CN¥0.51 | CN¥3.11 | x |
| 2007-12-31 | CN¥0.07 | CN¥3.11 | x |
| 2008-12-31 | CN¥4.29 | CN¥3.11 | x |
| 2009-12-31 | CN¥3.40 | CN¥3.11 | x |
| 2010-12-31 | CN¥3.71 | CN¥3.11 | x |
| 2011-12-31 | CN¥4.05 | CN¥3.11 | x |
| 2012-12-31 | CN¥4.30 | CN¥3.11 | x |
| 2013-12-31 | CN¥4.67 | CN¥3.11 | x |
| 2014-12-31 | CN¥5.07 | CN¥3.11 | x |
| 2015-12-31 | CN¥5.50 | CN¥3.11 | x |
| 2016-12-31 | CN¥5.94 | CN¥3.11 | x |
| 2017-12-31 | CN¥6.43 | CN¥3.11 | x |
| 2018-12-31 | CN¥9.62 | CN¥3.11 | x |
| 2019-12-31 | CN¥7.67 | CN¥3.11 | x |
| 2020-12-31 | CN¥8.10 | CN¥3.11 | x |
| 2021-12-31 | CN¥8.37 | CN¥3.11 | x |
| 2022-12-31 | CN¥8.49 | CN¥3.11 | x |
| 2023-12-31 | CN¥8.77 | CN¥3.11 | x |
| 2024-12-31 | CN¥8.21 | CN¥3.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cinda Real Estate 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): -3.29%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -9.76%
- • Asset Turnover: 0.11x
- • Equity Multiplier: 3.21x
- Recent ROE (-3.29%) is above the historical average (-4.03%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 6.74% | 3.04% | 1.33x | 1.67x | CN¥-4.17 Million |
| 1994 | 7.86% | 5.30% | 1.20x | 1.23x | CN¥-4.19 Million |
| 1995 | 7.79% | 4.85% | 1.22x | 1.32x | CN¥-4.26 Million |
| 1996 | 5.45% | 4.35% | 0.94x | 1.33x | CN¥-8.83 Million |
| 1997 | 10.01% | 8.61% | 0.94x | 1.24x | CN¥32.13K |
| 1998 | 13.53% | 15.55% | 0.59x | 1.47x | CN¥8.92 Million |
| 1999 | 16.49% | 17.46% | 0.66x | 1.44x | CN¥18.78 Million |
| 2000 | 7.29% | 11.08% | 0.18x | 3.57x | CN¥-20.12 Million |
| 2001 | 6.25% | 4.09% | 0.32x | 4.76x | CN¥-27.93 Million |
| 2002 | 3.21% | 3.47% | 0.29x | 3.22x | CN¥-55.71 Million |
| 2003 | 3.40% | 3.88% | 0.27x | 3.18x | CN¥-56.41 Million |
| 2004 | -82.18% | -33.69% | 0.42x | 5.80x | CN¥-448.23 Million |
| 2005 | -185.82% | -24.57% | 0.49x | 15.38x | CN¥-315.65 Million |
| 2006 | 23.59% | 4.94% | 0.65x | 7.30x | CN¥34.60 Million |
| 2007 | -104.45% | -3.76% | 1.41x | 19.64x | CN¥-83.78 Million |
| 2008 | 11.41% | 18.45% | 0.25x | 2.50x | CN¥62.91 Million |
| 2009 | 12.35% | 16.44% | 0.33x | 2.25x | CN¥123.14 Million |
| 2010 | 7.28% | 10.57% | 0.28x | 2.43x | CN¥-156.28 Million |
| 2011 | 9.14% | 17.02% | 0.22x | 2.45x | CN¥-52.92 Million |
| 2012 | 9.30% | 15.32% | 0.20x | 2.96x | CN¥-46.14 Million |
| 2013 | 9.84% | 15.71% | 0.18x | 3.41x | CN¥-11.12 Million |
| 2014 | 9.85% | 15.83% | 0.13x | 4.84x | CN¥-11.37 Million |
| 2015 | 10.19% | 10.57% | 0.16x | 6.18x | CN¥15.68 Million |
| 2016 | 9.77% | 7.61% | 0.18x | 7.22x | CN¥-20.84 Million |
| 2017 | 10.27% | 6.65% | 0.21x | 7.31x | CN¥26.68 Million |
| 2018 | 10.81% | 11.47% | 0.18x | 5.10x | CN¥161.28 Million |
| 2019 | 10.59% | 11.89% | 0.20x | 4.51x | CN¥128.43 Million |
| 2020 | 6.51% | 5.81% | 0.27x | 4.08x | CN¥-806.64 Million |
| 2021 | 3.42% | 3.69% | 0.25x | 3.64x | CN¥-1.57 Billion |
| 2022 | 2.27% | 3.02% | 0.21x | 3.65x | CN¥-1.87 Billion |
| 2023 | 2.05% | 4.43% | 0.14x | 3.36x | CN¥-1.96 Billion |
| 2024 | -3.29% | -9.76% | 0.11x | 3.21x | CN¥-3.17 Billion |
Industry Comparison
This section compares Cinda Real Estate Co 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: $1,426,875,780
- Average return on equity (ROE) among peers: 7.42%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cinda Real Estate Co Ltd (600657) | CN¥21.95 Billion | 6.74% | 2.43x | $1.30 Billion |
| Shenzhen SEG Co Ltd (000058) | $2.45 Billion | 0.64% | 1.17x | $1.18 Billion |
| 5I5j Holding Group Co Ltd (000560) | $583.55 Million | 6.33% | 3.24x | $1.02 Billion |
| DongGuan Winnerway Industrial Zone Ltd (000573) | $1.41 Billion | 1.44% | 0.81x | $469.80 Million |
| Beijing Mainstreets Investment (000609) | $413.39 Million | 8.75% | 0.14x | $631.48 Million |
| Rongfeng Holding Group (000668) | $740.22 Million | 0.45% | 0.27x | $340.58 Million |
| Sanxiang Co Ltd (000863) | $4.23 Billion | 0.65% | 0.68x | $837.95 Million |
| China Merchants Property Operation & Service Co Ltd (001914) | $571.99 Million | 12.60% | 2.80x | $1.58 Billion |
| Shenzhen Worldunion Properties Consultancy Inc (002285) | $1.22 Billion | 19.87% | 0.31x | $909.83 Million |
| Chongqing New Dazheng Property Grp (002968) | $754.94 Million | 13.84% | 0.32x | $407.93 Million |
| Shenzhen SEG Co Ltd (200058) | $1.89 Billion | 9.60% | 1.07x | $56.32 Million |
About Cinda Real Estate Co Ltd
Cinda Real Estate Co., Ltd. engages in the real estate development business in China. It engages in construction of residential buildings, commercial, and complex buildings. The company also provides project supervision, consulting services, non-residential real estate resource integration, light asset operation management, non-residential real estate investment, and asset management services. Ci… Read more