China Enterprise Co Ltd (600675) - Net Assets
Based on the latest financial reports, China Enterprise Co Ltd (600675) has net assets worth CN¥17.83 Billion CNY (≈ $2.61 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¥51.84 Billion ≈ $7.59 Billion USD) and total liabilities (CN¥34.01 Billion ≈ $4.98 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 China Enterprise Co Ltd (600675) tangible net worth to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥17.83 Billion |
| % of Total Assets | 34.4% |
| Annual Growth Rate | 14.45% |
| 5-Year Change | 6.36% |
| 10-Year Change | 281.08% |
| Growth Volatility | 43.36 |
China Enterprise Co Ltd - Net Assets Trend (1993–2025)
This chart illustrates how China Enterprise Co Ltd's net assets have evolved over time, based on quarterly financial data. See China Enterprise Co Ltd (600675) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for China Enterprise Co Ltd (1993–2025)
The table below shows the annual net assets of China Enterprise Co Ltd from 1993 to 2025. For live valuation and market cap data, see 600675 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥18.10 Billion ≈ $2.65 Billion |
+6.71% |
| 2024-12-31 | CN¥16.96 Billion ≈ $2.48 Billion |
-1.29% |
| 2023-12-31 | CN¥17.18 Billion ≈ $2.51 Billion |
+4.47% |
| 2022-12-31 | CN¥16.45 Billion ≈ $2.41 Billion |
-3.35% |
| 2021-12-31 | CN¥17.02 Billion ≈ $2.49 Billion |
-2.55% |
| 2020-12-31 | CN¥17.46 Billion ≈ $2.56 Billion |
+3.49% |
| 2019-12-31 | CN¥16.87 Billion ≈ $2.47 Billion |
+7.93% |
| 2018-12-31 | CN¥15.64 Billion ≈ $2.29 Billion |
+206.38% |
| 2017-12-31 | CN¥5.10 Billion ≈ $746.75 Million |
+7.44% |
| 2016-12-31 | CN¥4.75 Billion ≈ $695.06 Million |
+11.37% |
| 2015-12-31 | CN¥4.27 Billion ≈ $624.11 Million |
-41.96% |
| 2014-12-31 | CN¥7.35 Billion ≈ $1.08 Billion |
-7.88% |
| 2013-12-31 | CN¥7.98 Billion ≈ $1.17 Billion |
+21.78% |
| 2012-12-31 | CN¥6.55 Billion ≈ $958.69 Million |
+11.34% |
| 2011-12-31 | CN¥5.88 Billion ≈ $861.04 Million |
+18.65% |
| 2010-12-31 | CN¥4.96 Billion ≈ $725.67 Million |
+18.29% |
| 2009-12-31 | CN¥4.19 Billion ≈ $613.48 Million |
+14.44% |
| 2008-12-31 | CN¥3.66 Billion ≈ $536.09 Million |
+7.95% |
| 2007-12-31 | CN¥3.39 Billion ≈ $496.63 Million |
+31.32% |
| 2006-12-31 | CN¥2.58 Billion ≈ $378.19 Million |
+6.75% |
| 2005-12-31 | CN¥2.42 Billion ≈ $354.29 Million |
+21.58% |
| 2004-12-31 | CN¥1.99 Billion ≈ $291.42 Million |
+10.22% |
| 2003-12-31 | CN¥1.81 Billion ≈ $264.38 Million |
+14.42% |
| 2002-12-31 | CN¥1.58 Billion ≈ $231.07 Million |
+7.64% |
| 2001-12-31 | CN¥1.47 Billion ≈ $214.66 Million |
-3.73% |
| 2000-12-31 | CN¥1.52 Billion ≈ $222.98 Million |
+26.77% |
| 1999-12-31 | CN¥1.20 Billion ≈ $175.89 Million |
+0.96% |
| 1998-12-31 | CN¥1.19 Billion ≈ $174.22 Million |
+43.30% |
| 1997-12-31 | CN¥830.86 Million ≈ $121.58 Million |
+51.62% |
| 1996-12-31 | CN¥547.98 Million ≈ $80.19 Million |
+17.21% |
| 1995-12-31 | CN¥467.53 Million ≈ $68.41 Million |
-- |
| 1994-12-31 | CN¥0.00 ≈ $0.00 |
-- |
| 1993-12-31 | CN¥241.29 Million ≈ $35.31 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to China Enterprise 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 33619.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥6.22 Billion | 43.07% |
| Common Stock | CN¥6.05 Billion | 41.85% |
| Other Comprehensive Income | CN¥941.52 Million | 6.52% |
| Other Components | CN¥1.24 Billion | 8.56% |
| Total Equity | CN¥14.45 Billion | 100.00% |
China Enterprise Co Ltd Competitors by Market Cap
The table below lists competitors of China Enterprise Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
COMFORTDELGRO UNSP.ADR/20
F:VZ10
|
$2.07 Billion |
|
China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd
SHE:000758
|
$2.07 Billion |
|
Chongqing Rural Commercial Bank Co. Ltd
F:C3B
|
$2.07 Billion |
|
Shell plc
LSE:SHEL
|
$2.07 Billion |
|
Arena Star Group Ltd
TA:ARNA
|
$2.07 Billion |
|
REMY UNSP.ADR 1/10/EO 16
F:RMC0
|
$2.07 Billion |
|
Grupo Aval
NYSE:AVAL
|
$2.07 Billion |
|
BM EUROP.UNSP.ADR /4
F:BMNU
|
$2.07 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China Enterprise Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 14,333,835,467 to 14,447,728,485, a change of 113,893,018 (0.8%).
- Net income of 118,637,140 contributed positively to equity growth.
- Dividend payments of 769,886,367 reduced retained earnings.
- Other comprehensive income increased equity by 13,240,614.
- Other factors increased equity by 751,901,631.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥118.64 Million | +0.82% |
| Dividends Paid | CN¥769.89 Million | -5.33% |
| Other Comprehensive Income | CN¥13.24 Million | +0.09% |
| Other Changes | CN¥751.90 Million | +5.2% |
| Total Change | CN¥- | 0.79% |
Book Value vs Market Value Analysis
This analysis compares China Enterprise 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: 0.98x
- 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 22.08x to 0.98x 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¥0.11 | CN¥2.34 | x |
| 1994-12-31 | CN¥0.14 | CN¥2.34 | x |
| 1995-12-31 | CN¥0.19 | CN¥2.34 | x |
| 1996-12-31 | CN¥0.23 | CN¥2.34 | x |
| 1997-12-31 | CN¥0.34 | CN¥2.34 | x |
| 1998-12-31 | CN¥0.50 | CN¥2.34 | x |
| 1999-12-31 | CN¥0.53 | CN¥2.34 | x |
| 2000-12-31 | CN¥0.54 | CN¥2.34 | x |
| 2001-12-31 | CN¥0.58 | CN¥2.34 | x |
| 2002-12-31 | CN¥0.62 | CN¥2.34 | x |
| 2003-12-31 | CN¥0.69 | CN¥2.34 | x |
| 2004-12-31 | CN¥0.75 | CN¥2.34 | x |
| 2005-12-31 | CN¥0.87 | CN¥2.34 | x |
| 2006-12-31 | CN¥0.99 | CN¥2.34 | x |
| 2007-12-31 | CN¥1.55 | CN¥2.34 | x |
| 2008-12-31 | CN¥1.45 | CN¥2.34 | x |
| 2009-12-31 | CN¥1.65 | CN¥2.34 | x |
| 2010-12-31 | CN¥1.97 | CN¥2.34 | x |
| 2011-12-31 | CN¥2.23 | CN¥2.34 | x |
| 2012-12-31 | CN¥2.52 | CN¥2.34 | x |
| 2013-12-31 | CN¥2.62 | CN¥2.34 | x |
| 2014-12-31 | CN¥2.25 | CN¥2.34 | x |
| 2015-12-31 | CN¥1.21 | CN¥2.34 | x |
| 2016-12-31 | CN¥1.46 | CN¥2.34 | x |
| 2017-12-31 | CN¥0.64 | CN¥2.34 | x |
| 2018-12-31 | CN¥2.44 | CN¥2.34 | x |
| 2019-12-31 | CN¥2.49 | CN¥2.34 | x |
| 2020-12-31 | CN¥2.58 | CN¥2.34 | x |
| 2021-12-31 | CN¥2.57 | CN¥2.34 | x |
| 2022-12-31 | CN¥2.52 | CN¥2.34 | x |
| 2023-12-31 | CN¥2.40 | CN¥2.34 | x |
| 2024-12-31 | CN¥2.26 | CN¥2.34 | x |
| 2025-12-31 | CN¥2.39 | CN¥2.34 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China Enterprise 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): 0.82%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.13%
- • Asset Turnover: 0.19x
- • Equity Multiplier: 3.81x
- Recent ROE (0.82%) is below the historical average (8.19%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 4.10% | 31.08% | 0.06x | 2.23x | CN¥-13.97 Million |
| 1994 | 22.70% | 24.24% | 0.31x | 2.98x | CN¥38.53 Million |
| 1995 | 12.13% | 31.49% | 0.12x | 3.14x | CN¥9.24 Million |
| 1996 | 11.82% | 12.46% | 0.32x | 2.97x | CN¥9.22 Million |
| 1997 | 10.33% | 15.96% | 0.31x | 2.06x | CN¥2.47 Million |
| 1998 | 9.12% | 26.40% | 0.19x | 1.80x | CN¥-9.80 Million |
| 1999 | 10.27% | 35.90% | 0.17x | 1.64x | CN¥3.21 Million |
| 2000 | 7.01% | 14.41% | 0.16x | 2.95x | CN¥-36.27 Million |
| 2001 | 12.47% | 10.11% | 0.31x | 4.01x | CN¥31.98 Million |
| 2002 | 11.73% | 7.78% | 0.40x | 3.76x | CN¥23.80 Million |
| 2003 | 11.37% | 9.30% | 0.32x | 3.82x | CN¥21.12 Million |
| 2004 | 12.84% | 10.24% | 0.29x | 4.31x | CN¥47.76 Million |
| 2005 | 18.19% | 15.15% | 0.32x | 3.72x | CN¥159.59 Million |
| 2006 | 21.57% | 25.68% | 0.25x | 3.36x | CN¥259.93 Million |
| 2007 | 19.84% | 23.97% | 0.25x | 3.35x | CN¥285.26 Million |
| 2008 | 14.31% | 12.85% | 0.36x | 3.11x | CN¥139.82 Million |
| 2009 | 17.18% | 15.44% | 0.30x | 3.72x | CN¥265.98 Million |
| 2010 | 16.04% | 24.05% | 0.13x | 4.97x | CN¥265.25 Million |
| 2011 | 14.95% | 18.95% | 0.17x | 4.74x | CN¥249.62 Million |
| 2012 | 9.94% | 15.77% | 0.14x | 4.55x | CN¥-3.20 Million |
| 2013 | 7.00% | 5.94% | 0.19x | 6.34x | CN¥-171.88 Million |
| 2014 | -9.62% | -11.07% | 0.11x | 8.03x | CN¥-996.60 Million |
| 2015 | -91.47% | -57.73% | 0.12x | 13.47x | CN¥-2.76 Billion |
| 2016 | 20.01% | 5.25% | 0.41x | 9.34x | CN¥326.24 Million |
| 2017 | 26.19% | 7.23% | 0.47x | 7.72x | CN¥584.42 Million |
| 2018 | 18.87% | 13.44% | 0.34x | 4.12x | CN¥1.22 Billion |
| 2019 | 15.42% | 17.62% | 0.25x | 3.55x | CN¥822.38 Million |
| 2020 | 8.76% | 11.93% | 0.23x | 3.14x | CN¥-194.22 Million |
| 2021 | 5.18% | 8.39% | 0.18x | 3.49x | CN¥-747.97 Million |
| 2022 | -0.37% | -2.23% | 0.04x | 3.85x | CN¥-1.58 Billion |
| 2023 | 3.74% | 4.21% | 0.22x | 4.06x | CN¥-927.91 Million |
| 2024 | -2.21% | -4.55% | 0.12x | 3.96x | CN¥-1.75 Billion |
| 2025 | 0.82% | 1.13% | 0.19x | 3.81x | CN¥-1.33 Billion |
Industry Comparison
This section compares China Enterprise Co Ltd's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $8,646,211,957
- Average return on equity (ROE) among peers: 7.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China Enterprise Co Ltd (600675) | CN¥17.83 Billion | 4.10% | 1.91x | $2.07 Billion |
| China Vanke Co Ltd Class A (000002) | $17.45 Billion | 13.17% | 1.86x | $4.37 Billion |
| Shenzhen Zhenye Group Co Ltd (000006) | $1.14 Billion | 10.26% | 1.53x | $1.57 Billion |
| Shenzhen Properties & Resources Development Group Ltd (000011) | $1.50 Billion | 24.97% | 1.66x | $576.02 Million |
| Shahe Industry Co Ltd (000014) | $260.31 Million | 11.47% | 2.30x | $357.73 Million |
| Grandjoy Holdings Group Co Ltd (000031) | $8.97 Billion | 5.96% | 3.53x | $1.50 Billion |
| China Union Holdings Ltd (000036) | $2.61 Billion | 0.13% | 2.37x | $1.06 Billion |
| Shenzhen Centralcon Investment Holding Co Ltd (000042) | $8.23 Billion | 0.79% | 4.04x | $914.49 Million |
| Shenzhen Wongtee International Enterprise Co Ltd (000056) | $130.76 Million | 0.00% | 2.29x | $240.53 Million |
| Financial Street Holdings Co Ltd (000402) | $42.42 Billion | 2.00% | 2.61x | $1.19 Billion |
| Chongqing Yukaifa Co Ltd (000514) | $3.74 Billion | 7.06% | 0.74x | $501.29 Million |
About China Enterprise Co Ltd
China Enterprise Company Limited engages in real estate development and operational activities in China. The company is involved in commercial housing design, construction, leasing, and sales activities. The company also offers group catering and food delivery services, and engages in municipal infrastructure investment, land reclamation, and related activities. China Enterprise Company Limited w… Read more