Nanjing Xinjiekou Department Store Co Ltd

SHG:600682 China Department Stores
Market Cap
$1.32 Billion
CN¥9.66 Billion CNY
Market Cap Rank
#10351 Global
#2273 in China
Share Price
CN¥7.18
Change (1 day)
-1.24%
52-Week Range
CN¥5.90 - CN¥9.26
All Time High
CN¥39.36
About

Nanjing Xinjiekou Department Store Co., Ltd. operates department stores in China. It also provides health and elderly care, property rental, and hotel and catering services, as well as develops and sells real estate properties. The company was founded in 1952 and is headquartered in Nanjing, China.

Nanjing Xinjiekou Department Store Co Ltd (600682) - Net Assets

Latest net assets as of September 2025: CN¥19.40 Billion CNY

Based on the latest financial reports, Nanjing Xinjiekou Department Store Co Ltd (600682) has net assets worth CN¥19.40 Billion CNY as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥26.38 Billion) and total liabilities (CN¥6.98 Billion). 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.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥19.40 Billion
% of Total Assets 73.53%
Annual Growth Rate 14.83%
5-Year Change 12.65%
10-Year Change 781.05%
Growth Volatility 48.4

Nanjing Xinjiekou Department Store Co Ltd - Net Assets Trend (1993–2024)

This chart illustrates how Nanjing Xinjiekou Department Store Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Nanjing Xinjiekou Department Store Co Ltd (1993–2024)

The table below shows the annual net assets of Nanjing Xinjiekou Department Store Co Ltd from 1993 to 2024.

Year Net Assets Change
2024-12-31 CN¥19.09 Billion +2.09%
2023-12-31 CN¥18.70 Billion +2.91%
2022-12-31 CN¥18.17 Billion +0.14%
2021-12-31 CN¥18.15 Billion +7.06%
2020-12-31 CN¥16.95 Billion +4.46%
2019-12-31 CN¥16.23 Billion +18.62%
2018-12-31 CN¥13.68 Billion +67.93%
2017-12-31 CN¥8.15 Billion +233.47%
2016-12-31 CN¥2.44 Billion +12.71%
2015-12-31 CN¥2.17 Billion +37.71%
2014-12-31 CN¥1.57 Billion +11.47%
2013-12-31 CN¥1.41 Billion +9.07%
2012-12-31 CN¥1.29 Billion +15.99%
2011-12-31 CN¥1.12 Billion +3.93%
2010-12-31 CN¥1.07 Billion +3.04%
2009-12-31 CN¥1.04 Billion +8.75%
2008-12-31 CN¥958.33 Million +3.99%
2007-12-31 CN¥921.54 Million +5.43%
2006-12-31 CN¥874.11 Million -14.43%
2005-12-31 CN¥1.02 Billion -1.64%
2004-12-31 CN¥1.04 Billion +6.02%
2003-12-31 CN¥979.57 Million +7.73%
2002-12-31 CN¥909.30 Million +1.74%
2001-12-31 CN¥893.78 Million +4.68%
2000-12-31 CN¥853.85 Million +65.59%
1999-12-31 CN¥515.64 Million -3.69%
1998-12-31 CN¥535.39 Million +5.14%
1997-12-31 CN¥509.24 Million +3.28%
1996-12-31 CN¥493.07 Million +17.41%
1995-12-31 CN¥419.94 Million --
1994-12-31 CN¥0.00 --
1993-12-31 CN¥262.56 Million --

Equity Component Analysis

This analysis shows how different components contribute to Nanjing Xinjiekou Department Store 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 21946.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥6.47 Billion 36.82%
Common Stock CN¥1.35 Billion 7.66%
Other Comprehensive Income CN¥913.49 Million 5.20%
Other Components CN¥8.84 Billion 50.31%
Total Equity CN¥17.56 Billion 100.00%

Nanjing Xinjiekou Department Store Co Ltd Competitors by Market Cap

The table below lists competitors of Nanjing Xinjiekou Department Store Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Nanjing Xinjiekou Department Store Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 17,316,561,908 to 17,562,857,384, a change of 246,295,476 (1.4%).
  • Net income of 230,073,454 contributed positively to equity growth.
  • Dividend payments of 58,684,253 reduced retained earnings.
  • Other comprehensive income increased equity by 67,525,777.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥230.07 Million +1.31%
Dividends Paid CN¥58.68 Million -0.33%
Other Comprehensive Income CN¥67.53 Million +0.38%
Other Changes CN¥7.38 Million +0.04%
Total Change CN¥- 1.42%

Book Value vs Market Value Analysis

This analysis compares Nanjing Xinjiekou Department Store 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: 0.55x
  • 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 23.03x to 0.55x 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¥0.31 CN¥7.18 x
1994-12-31 CN¥0.49 CN¥7.18 x
1995-12-31 CN¥0.46 CN¥7.18 x
1996-12-31 CN¥0.59 CN¥7.18 x
1997-12-31 CN¥0.60 CN¥7.18 x
1998-12-31 CN¥0.64 CN¥7.18 x
1999-12-31 CN¥0.61 CN¥7.18 x
2000-12-31 CN¥1.01 CN¥7.18 x
2001-12-31 CN¥0.98 CN¥7.18 x
2002-12-31 CN¥1.00 CN¥7.18 x
2003-12-31 CN¥1.07 CN¥7.18 x
2004-12-31 CN¥1.09 CN¥7.18 x
2005-12-31 CN¥1.09 CN¥7.18 x
2006-12-31 CN¥1.04 CN¥7.18 x
2007-12-31 CN¥1.27 CN¥7.18 x
2008-12-31 CN¥1.36 CN¥7.18 x
2009-12-31 CN¥1.47 CN¥7.18 x
2010-12-31 CN¥1.48 CN¥7.18 x
2011-12-31 CN¥1.54 CN¥7.18 x
2012-12-31 CN¥1.76 CN¥7.18 x
2013-12-31 CN¥1.95 CN¥7.18 x
2014-12-31 CN¥2.18 CN¥7.18 x
2015-12-31 CN¥2.92 CN¥7.18 x
2016-12-31 CN¥2.93 CN¥7.18 x
2017-12-31 CN¥6.79 CN¥7.18 x
2018-12-31 CN¥10.24 CN¥7.18 x
2019-12-31 CN¥11.83 CN¥7.18 x
2020-12-31 CN¥11.99 CN¥7.18 x
2021-12-31 CN¥12.77 CN¥7.18 x
2022-12-31 CN¥12.66 CN¥7.18 x
2023-12-31 CN¥12.98 CN¥7.18 x
2024-12-31 CN¥12.98 CN¥7.18 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Nanjing Xinjiekou Department Store 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): 1.31%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 3.43%
  • • Asset Turnover: 0.26x
  • • Equity Multiplier: 1.49x
  • Recent ROE (1.31%) is below the historical average (8.39%), 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 13.10% 3.57% 2.33x 1.57x CN¥8.14 Million
1994 11.99% 4.80% 1.39x 1.79x CN¥8.19 Million
1995 11.12% 4.30% 1.11x 2.32x CN¥4.35 Million
1996 6.65% 3.43% 0.98x 1.98x CN¥-16.53 Million
1997 12.56% 6.72% 0.91x 2.06x CN¥13.04 Million
1998 8.57% 3.70% 1.13x 2.05x CN¥-7.66 Million
1999 10.65% 4.29% 1.13x 2.20x CN¥3.33 Million
2000 7.77% 4.91% 0.96x 1.65x CN¥-19.01 Million
2001 7.55% 4.30% 0.88x 2.00x CN¥-20.22 Million
2002 6.38% 2.62% 1.09x 2.23x CN¥-30.54 Million
2003 7.55% 2.28% 1.42x 2.32x CN¥-22.14 Million
2004 4.38% 1.22% 1.41x 2.54x CN¥-51.66 Million
2005 3.36% 1.03% 1.18x 2.76x CN¥-61.07 Million
2006 4.73% 1.56% 1.46x 2.07x CN¥-46.02 Million
2007 6.68% 3.87% 0.78x 2.20x CN¥-30.56 Million
2008 7.73% 4.49% 0.66x 2.61x CN¥-21.72 Million
2009 8.51% 6.29% 0.54x 2.53x CN¥-15.54 Million
2010 6.75% 4.71% 0.53x 2.70x CN¥-34.87 Million
2011 7.47% 4.54% 0.59x 2.77x CN¥-28.21 Million
2012 15.02% 6.68% 0.76x 2.95x CN¥63.65 Million
2013 9.72% 4.03% 0.76x 3.18x CN¥-3.89 Million
2014 22.53% 5.09% 0.56x 7.95x CN¥221.42 Million
2015 15.40% 2.31% 0.90x 7.39x CN¥128.56 Million
2016 17.76% 2.73% 0.92x 7.08x CN¥202.82 Million
2017 11.78% 11.17% 0.34x 3.06x CN¥142.74 Million
2018 -6.74% -8.66% 0.47x 1.66x CN¥-2.22 Billion
2019 10.82% 17.76% 0.41x 1.48x CN¥127.77 Million
2020 4.66% 13.29% 0.23x 1.53x CN¥-862.82 Million
2021 6.14% 16.52% 0.25x 1.47x CN¥-663.58 Million
2022 4.27% 11.25% 0.26x 1.49x CN¥-972.21 Million
2023 2.46% 6.50% 0.26x 1.49x CN¥-1.30 Billion
2024 1.31% 3.43% 0.26x 1.49x CN¥-1.53 Billion

Industry Comparison

This section compares Nanjing Xinjiekou Department Store Co Ltd's net assets metrics with peer companies in the Department Stores industry.

Industry Context

  • Industry: Department Stores
  • Average net assets among peers: $4,209,797,796
  • Average return on equity (ROE) among peers: 10.20%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Nanjing Xinjiekou Department Store Co Ltd (600682) CN¥19.40 Billion 13.10% 0.36x $492.92 Million
Hefei Department Store Group Co Ltd (000417) $3.72 Billion 9.85% 1.14x $183.52 Million
Changsha Tongcheng Holdings Co Ltd (000419) $216.13 Million 19.44% 0.56x $227.08 Million
Wushang Group Co Ltd (000501) $8.25 Billion 12.73% 1.77x $549.14 Million
CCOOP Group Co Ltd (000564) $648.17 Million 8.80% 0.99x $3.83 Billion
Dalian Friendship Group Co Ltd (000679) $2.09 Billion 2.71% 3.27x $232.35 Million
Zhongxing Shenyang Commercial Building Group Co Ltd (000715) $682.33 Million 7.80% 0.41x $199.18 Million
Easyhome New Retail Group Co Ltd (000785) $20.72 Billion 6.55% 0.90x $1.02 Billion
Guangzhou Grandbuy Co Ltd (002187) $3.99 Billion -3.63% 1.20x $406.04 Million
Better Life Commercial Chain Share Co Ltd (002251) $175.99 Million 42.02% 3.35x $1.30 Billion
New Huadu Supercenter Co Ltd (002264) $1.61 Billion -4.25% 1.18x $394.48 Million