Metro Investment Development Co Ltd (600683) - Net Assets
Based on the latest financial reports, Metro Investment Development Co Ltd (600683) has net assets worth CN¥645.29 Million CNY (≈ $94.43 Million 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¥60.37 Billion ≈ $8.83 Billion USD) and total liabilities (CN¥59.73 Billion ≈ $8.74 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 Metro Investment Development Co Ltd (600683) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥645.29 Million |
| % of Total Assets | 1.07% |
| Annual Growth Rate | 9.65% |
| 5-Year Change | -12.54% |
| 10-Year Change | 162.06% |
| Growth Volatility | 46.42 |
Metro Investment Development Co Ltd - Net Assets Trend (1993–2024)
This chart illustrates how Metro Investment Development Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 600683 current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Metro Investment Development Co Ltd (1993–2024)
The table below shows the annual net assets of Metro Investment Development Co Ltd from 1993 to 2024. For live valuation and market cap data, see Metro Investment Development Co Ltd (600683) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥7.36 Billion ≈ $1.08 Billion |
-22.23% |
| 2023-12-31 | CN¥9.46 Billion ≈ $1.38 Billion |
-13.03% |
| 2022-12-31 | CN¥10.88 Billion ≈ $1.59 Billion |
-2.55% |
| 2021-12-31 | CN¥11.16 Billion ≈ $1.63 Billion |
+32.69% |
| 2020-12-31 | CN¥8.41 Billion ≈ $1.23 Billion |
+103.34% |
| 2019-12-31 | CN¥4.14 Billion ≈ $605.23 Million |
-10.39% |
| 2018-12-31 | CN¥4.62 Billion ≈ $675.37 Million |
+8.56% |
| 2017-12-31 | CN¥4.25 Billion ≈ $622.14 Million |
+22.48% |
| 2016-12-31 | CN¥3.47 Billion ≈ $507.93 Million |
+23.67% |
| 2015-12-31 | CN¥2.81 Billion ≈ $410.72 Million |
+29.26% |
| 2014-12-31 | CN¥2.17 Billion ≈ $317.76 Million |
-3.99% |
| 2013-12-31 | CN¥2.26 Billion ≈ $330.96 Million |
-4.15% |
| 2012-12-31 | CN¥2.36 Billion ≈ $345.28 Million |
-4.03% |
| 2011-12-31 | CN¥2.46 Billion ≈ $359.76 Million |
+15.80% |
| 2010-12-31 | CN¥2.12 Billion ≈ $310.67 Million |
+34.62% |
| 2009-12-31 | CN¥1.58 Billion ≈ $230.78 Million |
+158.79% |
| 2008-12-31 | CN¥609.40 Million ≈ $89.18 Million |
-32.56% |
| 2007-12-31 | CN¥903.58 Million ≈ $132.22 Million |
+104.65% |
| 2006-12-31 | CN¥441.53 Million ≈ $64.61 Million |
+6.66% |
| 2005-12-31 | CN¥413.96 Million ≈ $60.58 Million |
+8.11% |
| 2004-12-31 | CN¥382.90 Million ≈ $56.03 Million |
+30.03% |
| 2003-12-31 | CN¥294.47 Million ≈ $43.09 Million |
+6.79% |
| 2002-12-31 | CN¥275.75 Million ≈ $40.35 Million |
+16.55% |
| 2001-12-31 | CN¥236.59 Million ≈ $34.62 Million |
+1.71% |
| 2000-12-31 | CN¥232.62 Million ≈ $34.04 Million |
+17.39% |
| 1999-12-31 | CN¥198.16 Million ≈ $29.00 Million |
-62.65% |
| 1998-12-31 | CN¥530.50 Million ≈ $77.63 Million |
-11.33% |
| 1997-12-31 | CN¥598.30 Million ≈ $87.55 Million |
-1.76% |
| 1996-12-31 | CN¥609.02 Million ≈ $89.12 Million |
+12.86% |
| 1995-12-31 | CN¥539.63 Million ≈ $78.96 Million |
-- |
| 1994-12-31 | CN¥0.00 ≈ $0.00 |
-- |
| 1993-12-31 | CN¥423.16 Million ≈ $61.92 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Metro Investment Development 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 decreased by 3346.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥740.78 Million | 11.54% |
| Other Comprehensive Income | CN¥6.15 Billion | 95.80% |
| Other Components | CN¥597.59 Million | 9.31% |
| Total Equity | CN¥6.42 Billion | 100.00% |
Metro Investment Development Co Ltd Competitors by Market Cap
The table below lists competitors of Metro Investment Development Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Corporativo GBM S.A.B. de C.V
MX:GBMO
|
$1.57 Billion |
|
Taiji Computer Corp Ltd
SHE:002368
|
$1.57 Billion |
|
Adient PLC
NYSE:ADNT
|
$1.57 Billion |
|
Taiwan Secom Co Ltd
TW:9917
|
$1.57 Billion |
|
Bk Harda Internasional Tbk Pt
JK:BBHI
|
$1.57 Billion |
|
Stef SA
PA:STF
|
$1.57 Billion |
|
Vir Biotechnology Inc
NASDAQ:VIR
|
$1.57 Billion |
|
Nongshim
KO:004370
|
$1.57 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Metro Investment Development Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 7,842,582,000 to 6,419,076,000, a change of -1,423,506,000 (-18.2%).
- Net loss of 1,054,632,000 reduced equity.
- Dividend payments of 2,490,638,000 reduced retained earnings.
- Other comprehensive income increased equity by 5,682,907,044.
- Other factors decreased equity by 3,561,143,044.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-1.05 Billion | -16.43% |
| Dividends Paid | CN¥2.49 Billion | -38.8% |
| Other Comprehensive Income | CN¥5.68 Billion | +88.53% |
| Other Changes | CN¥-3.56 Billion | -55.48% |
| Total Change | CN¥- | -18.15% |
Book Value vs Market Value Analysis
This analysis compares Metro Investment Development 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: 1.67x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 12.17x to 1.67x 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¥1.19 | CN¥14.50 | x |
| 1994-12-31 | CN¥1.56 | CN¥14.50 | x |
| 1995-12-31 | CN¥1.51 | CN¥14.50 | x |
| 1996-12-31 | CN¥1.66 | CN¥14.50 | x |
| 1997-12-31 | CN¥1.68 | CN¥14.50 | x |
| 1998-12-31 | CN¥1.43 | CN¥14.50 | x |
| 1999-12-31 | CN¥0.64 | CN¥14.50 | x |
| 2000-12-31 | CN¥0.66 | CN¥14.50 | x |
| 2001-12-31 | CN¥0.70 | CN¥14.50 | x |
| 2002-12-31 | CN¥0.78 | CN¥14.50 | x |
| 2003-12-31 | CN¥0.83 | CN¥14.50 | x |
| 2004-12-31 | CN¥1.08 | CN¥14.50 | x |
| 2005-12-31 | CN¥1.17 | CN¥14.50 | x |
| 2006-12-31 | CN¥1.28 | CN¥14.50 | x |
| 2007-12-31 | CN¥2.13 | CN¥14.50 | x |
| 2008-12-31 | CN¥1.44 | CN¥14.50 | x |
| 2009-12-31 | CN¥2.28 | CN¥14.50 | x |
| 2010-12-31 | CN¥2.29 | CN¥14.50 | x |
| 2011-12-31 | CN¥2.36 | CN¥14.50 | x |
| 2012-12-31 | CN¥2.55 | CN¥14.50 | x |
| 2013-12-31 | CN¥2.50 | CN¥14.50 | x |
| 2014-12-31 | CN¥2.23 | CN¥14.50 | x |
| 2015-12-31 | CN¥2.75 | CN¥14.50 | x |
| 2016-12-31 | CN¥2.92 | CN¥14.50 | x |
| 2017-12-31 | CN¥3.14 | CN¥14.50 | x |
| 2018-12-31 | CN¥3.55 | CN¥14.50 | x |
| 2019-12-31 | CN¥3.50 | CN¥14.50 | x |
| 2020-12-31 | CN¥7.20 | CN¥14.50 | x |
| 2021-12-31 | CN¥12.34 | CN¥14.50 | x |
| 2022-12-31 | CN¥11.98 | CN¥14.50 | x |
| 2023-12-31 | CN¥10.59 | CN¥14.50 | x |
| 2024-12-31 | CN¥8.67 | CN¥14.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Metro Investment Development 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): -16.43%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -74.45%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 9.39x
- Recent ROE (-16.43%) is below the historical average (1.37%), 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 | 9.03% | 4.30% | 1.47x | 1.42x | CN¥-4.09 Million |
| 1994 | 7.42% | 5.42% | 0.90x | 1.52x | CN¥-14.25 Million |
| 1995 | 7.82% | 4.41% | 0.92x | 1.93x | CN¥-11.62 Million |
| 1996 | 3.41% | 2.43% | 0.75x | 1.87x | CN¥-38.68 Million |
| 1997 | 0.63% | 0.57% | 0.50x | 2.23x | CN¥-55.61 Million |
| 1998 | -14.10% | -9.22% | 0.60x | 2.54x | CN¥-122.23 Million |
| 1999 | -123.69% | -38.34% | 0.75x | 4.30x | CN¥-303.32 Million |
| 2000 | 2.29% | 0.81% | 0.75x | 3.79x | CN¥-17.96 Million |
| 2001 | 3.76% | 1.41% | 0.74x | 3.59x | CN¥-15.43 Million |
| 2002 | 10.12% | 3.47% | 0.82x | 3.53x | CN¥325.50K |
| 2003 | 6.35% | 1.66% | 1.09x | 3.50x | CN¥-10.73 Million |
| 2004 | 23.10% | 6.86% | 1.19x | 2.83x | CN¥50.14 Million |
| 2005 | 11.85% | 4.49% | 1.06x | 2.50x | CN¥7.65 Million |
| 2006 | 6.25% | 3.80% | 0.78x | 2.10x | CN¥-16.96 Million |
| 2007 | 2.31% | 3.15% | 0.33x | 2.26x | CN¥-69.46 Million |
| 2008 | 9.74% | 7.47% | 0.52x | 2.51x | CN¥-1.58 Million |
| 2009 | 7.03% | 16.55% | 0.13x | 3.33x | CN¥-45.73 Million |
| 2010 | 15.73% | 18.40% | 0.17x | 5.00x | CN¥97.98 Million |
| 2011 | 6.77% | 7.83% | 0.11x | 7.73x | CN¥-56.65 Million |
| 2012 | 4.70% | 7.71% | 0.07x | 8.15x | CN¥-97.47 Million |
| 2013 | 3.99% | 7.48% | 0.04x | 12.87x | CN¥-112.08 Million |
| 2014 | 1.35% | 0.72% | 0.12x | 15.88x | CN¥-161.68 Million |
| 2015 | 5.82% | 1.37% | 0.31x | 13.90x | CN¥-82.98 Million |
| 2016 | 13.34% | 4.90% | 0.21x | 13.21x | CN¥72.68 Million |
| 2017 | 13.68% | 5.17% | 0.22x | 11.85x | CN¥86.61 Million |
| 2018 | 13.53% | 4.49% | 0.25x | 12.05x | CN¥93.29 Million |
| 2019 | 2.86% | 1.77% | 0.09x | 17.19x | CN¥-191.89 Million |
| 2020 | 7.78% | 5.61% | 0.18x | 7.79x | CN¥-142.11 Million |
| 2021 | 3.59% | 4.86% | 0.14x | 5.12x | CN¥-585.72 Million |
| 2022 | 2.28% | 3.64% | 0.10x | 6.18x | CN¥-685.31 Million |
| 2023 | -8.41% | -6.20% | 0.18x | 7.59x | CN¥-1.44 Billion |
| 2024 | -16.43% | -74.45% | 0.02x | 9.39x | CN¥-1.70 Billion |
Industry Comparison
This section compares Metro Investment Development 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: $5,838,818,240
- Average return on equity (ROE) among peers: 10.64%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Metro Investment Development Co Ltd (600683) | CN¥645.29 Million | 9.03% | 92.56x | $1.57 Billion |
| China Vanke Co Ltd Class A (000002) | $38.82 Billion | 10.39% | 2.07x | $5.56 Billion |
| Shenzhen Zhenye Group Co Ltd (000006) | $4.21 Billion | 12.05% | 1.79x | $1.92 Billion |
| Shenzhen Properties & Resources Development Group Ltd (000011) | $567.13 Million | 15.95% | 3.06x | $623.95 Million |
| Shahe Industry Co Ltd (000014) | $291.46 Million | 9.52% | 3.00x | $467.53 Million |
| Grandjoy Holdings Group Co Ltd (000031) | $1.28 Billion | 1.46% | 0.51x | $1.92 Billion |
| China Union Holdings Ltd (000036) | $231.36 Million | 0.98% | 0.33x | $1.15 Billion |
| Shenzhen Centralcon Investment Holding Co Ltd (000042) | $2.90 Billion | 14.19% | 1.59x | $936.86 Million |
| Shenzhen Wongtee International Enterprise Co Ltd (000056) | $5.00 Billion | 0.77% | 0.60x | $239.16 Million |
| Financial Street Holdings Co Ltd (000402) | $4.90 Billion | 40.83% | 1.83x | $1.39 Billion |
| Chongqing Yukaifa Co Ltd (000514) | $182.12 Million | 0.29% | 1.73x | $608.71 Million |
About Metro Investment Development Co Ltd
Metro Land Corporation Ltd. engages in the real estate development, operation, and leasing in China. It develops and operates self-owned, track, and rail properties and complexes, bungalows, villas, commercial, residential, office, and supporting facilities, housing, hotel, business, and regional development projects. The company was founded in 1992 and is based in Beijing, China.