XiAn Qujiang Cultural Tourism Co Ltd

SHG:600706 China Travel Services
Market Cap
$354.23 Million
CN¥2.60 Billion CNY
Market Cap Rank
#14502 Global
#3838 in China
Share Price
CN¥10.19
Change (1 day)
-0.68%
52-Week Range
CN¥8.83 - CN¥13.06
All Time High
CN¥22.21
Categories
Companies in China Travel Services
About

Xi'an Qujiang Cultural Tourism Co., Ltd. engages in the tourism business in China. The company's activities include the scenic spot operation and management, accommodation, catering, property management, travel, tourism industry education and training, financial services, and engineering construction, as well as cultural and creative, and leasing, landscaping, and other business services. The com… Read more

XiAn Qujiang Cultural Tourism Co Ltd (600706) - Net Assets

Latest net assets as of September 2025: CN¥651.51 Million CNY

Based on the latest financial reports, XiAn Qujiang Cultural Tourism Co Ltd (600706) has net assets worth CN¥651.51 Million 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¥2.79 Billion) and total liabilities (CN¥2.13 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¥651.51 Million
% of Total Assets 23.39%
Annual Growth Rate 6.44%
5-Year Change -27.82%
10-Year Change -14.71%
Growth Volatility 42.61

XiAn Qujiang Cultural Tourism Co Ltd - Net Assets Trend (1994–2024)

This chart illustrates how XiAn Qujiang Cultural Tourism 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 XiAn Qujiang Cultural Tourism Co Ltd (1994–2024)

The table below shows the annual net assets of XiAn Qujiang Cultural Tourism Co Ltd from 1994 to 2024.

Year Net Assets Change
2024-12-31 CN¥713.01 Million -13.01%
2023-12-31 CN¥819.63 Million -18.53%
2022-12-31 CN¥1.01 Billion -18.41%
2021-12-31 CN¥1.23 Billion +24.83%
2020-12-31 CN¥987.82 Million -6.69%
2019-12-31 CN¥1.06 Billion +3.28%
2018-12-31 CN¥1.03 Billion +7.84%
2017-12-31 CN¥950.49 Million +7.11%
2016-12-31 CN¥887.36 Million +6.15%
2015-12-31 CN¥835.96 Million +6.33%
2014-12-31 CN¥786.22 Million +3.52%
2013-12-31 CN¥759.47 Million +11.49%
2012-12-31 CN¥681.21 Million +963.45%
2011-12-31 CN¥-78.89 Million -39.50%
2010-12-31 CN¥-56.56 Million -14.79%
2009-12-31 CN¥-49.27 Million -144.66%
2008-12-31 CN¥110.33 Million -13.60%
2007-12-31 CN¥127.70 Million -4.56%
2006-12-31 CN¥133.80 Million -53.65%
2005-12-31 CN¥288.69 Million -27.11%
2004-12-31 CN¥396.04 Million +39.48%
2003-12-31 CN¥283.94 Million +57.29%
2002-12-31 CN¥180.52 Million -12.80%
2001-12-31 CN¥207.01 Million +38.37%
2000-12-31 CN¥149.61 Million -20.64%
1999-12-31 CN¥188.52 Million -38.63%
1998-12-31 CN¥307.20 Million +115.66%
1997-12-31 CN¥142.44 Million +13.45%
1996-12-31 CN¥125.56 Million +21.31%
1995-12-31 CN¥103.50 Million -5.53%
1994-12-31 CN¥109.56 Million --

Equity Component Analysis

This analysis shows how different components contribute to XiAn Qujiang Cultural Tourism 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 1075.8% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥255.06 Million 38.68%
Other Comprehensive Income CN¥30.27 Million 4.59%
Other Components CN¥593.84 Million 90.05%
Total Equity CN¥659.47 Million 100.00%

XiAn Qujiang Cultural Tourism Co Ltd Competitors by Market Cap

The table below lists competitors of XiAn Qujiang Cultural Tourism Co Ltd ranked by their market capitalization.

Company Market Cap
Hunan Mendale Hometextile Co Ltd
SHE:002397
 		$221.84 Million
Neogen Chemicals Limited
NSE:NEOGEN
 		$221.87 Million
Turvo International Co Ltd
TW:2233
 		$221.89 Million
Teraplast Bist
RO:TRP
 		$221.89 Million
Tehmag Foods
TWO:1264
 		$221.83 Million
Zhang Jia Jie Tourism Group Co Ltd
SHE:000430
 		$221.75 Million
Henan Provincial Communications Planning & Design Institute Co Ltd Class A
SHE:300732
 		$221.69 Million
China Man-Made Fiber Corp
TW:1718
 		$221.62 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in XiAn Qujiang Cultural Tourism Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 767,256,709 to 659,474,800, a change of -107,781,909 (-14.0%).
  • Net loss of 131,323,615 reduced equity.
  • Dividend payments of 49,042,893 reduced retained earnings.
  • Other comprehensive income increased equity by 30,267,262.
  • Other factors increased equity by 42,317,337.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-131.32 Million -19.91%
Dividends Paid CN¥49.04 Million -7.44%
Other Comprehensive Income CN¥30.27 Million +4.59%
Other Changes CN¥42.32 Million +6.42%
Total Change CN¥- -14.05%

Book Value vs Market Value Analysis

This analysis compares XiAn Qujiang Cultural Tourism 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: 3.94x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 10.34x to 3.94x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1994-12-31 CN¥0.99 CN¥10.19 x
1995-12-31 CN¥0.93 CN¥10.19 x
1996-12-31 CN¥1.13 CN¥10.19 x
1997-12-31 CN¥1.28 CN¥10.19 x
1998-12-31 CN¥2.03 CN¥10.19 x
1999-12-31 CN¥0.99 CN¥10.19 x
2000-12-31 CN¥1.08 CN¥10.19 x
2001-12-31 CN¥1.24 CN¥10.19 x
2002-12-31 CN¥1.42 CN¥10.19 x
2003-12-31 CN¥1.71 CN¥10.19 x
2004-12-31 CN¥1.97 CN¥10.19 x
2005-12-31 CN¥1.16 CN¥10.19 x
2006-12-31 CN¥0.10 CN¥10.19 x
2007-12-31 CN¥0.28 CN¥10.19 x
2008-12-31 CN¥0.26 CN¥10.19 x
2009-12-31 CN¥-0.60 CN¥10.19 x
2010-12-31 CN¥-0.59 CN¥10.19 x
2011-12-31 CN¥-0.77 CN¥10.19 x
2012-12-31 CN¥3.87 CN¥10.19 x
2013-12-31 CN¥3.49 CN¥10.19 x
2014-12-31 CN¥3.60 CN¥10.19 x
2015-12-31 CN¥3.91 CN¥10.19 x
2016-12-31 CN¥4.15 CN¥10.19 x
2017-12-31 CN¥4.43 CN¥10.19 x
2018-12-31 CN¥4.71 CN¥10.19 x
2019-12-31 CN¥4.91 CN¥10.19 x
2020-12-31 CN¥4.56 CN¥10.19 x
2021-12-31 CN¥4.90 CN¥10.19 x
2022-12-31 CN¥3.77 CN¥10.19 x
2023-12-31 CN¥3.02 CN¥10.19 x
2024-12-31 CN¥2.59 CN¥10.19 x

Capital Efficiency Dashboard

This dashboard shows how efficiently XiAn Qujiang Cultural Tourism 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): -19.91%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -10.48%
  • • Asset Turnover: 0.41x
  • • Equity Multiplier: 4.60x
  • Recent ROE (-19.91%) is above the historical average (-38.24%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1994 14.97% 11.35% 0.87x 1.52x CN¥5.45 Million
1995 14.98% 7.56% 0.99x 2.01x CN¥5.18 Million
1996 10.59% 6.91% 0.75x 2.04x CN¥738.04K
1997 11.32% 6.64% 0.71x 2.39x CN¥1.87 Million
1998 3.27% 2.29% 0.69x 2.06x CN¥-15.25 Million
1999 -91.19% -54.64% 0.38x 4.38x CN¥-111.54 Million
2000 9.14% 2.90% 0.52x 6.05x CN¥-1.03 Million
2001 14.36% 3.34% 0.73x 5.91x CN¥6.05 Million
2002 10.70% 10.29% 0.19x 5.58x CN¥1.12 Million
2003 16.05% 10.02% 0.30x 5.36x CN¥11.54 Million
2004 8.60% 5.05% 0.27x 6.42x CN¥-3.08 Million
2005 -60.70% -28.76% 0.19x 10.89x CN¥-91.04 Million
2006 -1153.63% -59.72% 0.15x 126.92x CN¥-119.56 Million
2007 21.82% 2.10% 0.37x 27.83x CN¥3.52 Million
2008 9.07% 1.51% 0.21x 28.20x CN¥-250.81K
2009 0.00% -60.08% 1.14x 0.00x CN¥-83.92 Million
2010 0.00% 9.47% 0.78x 0.00x CN¥8.99 Million
2011 0.00% -258352.31% 0.00x 0.00x CN¥-13.44 Million
2012 10.55% 6.21% 0.65x 2.62x CN¥3.67 Million
2013 11.22% 6.53% 0.66x 2.59x CN¥9.18 Million
2014 3.71% 2.69% 0.62x 2.22x CN¥-49.40 Million
2015 5.76% 4.84% 0.57x 2.08x CN¥-35.35 Million
2016 6.03% 5.09% 0.59x 2.01x CN¥-35.21 Million
2017 6.58% 5.51% 0.60x 1.99x CN¥-32.42 Million
2018 7.43% 5.66% 0.62x 2.11x CN¥-26.36 Million
2019 4.26% 3.45% 0.49x 2.50x CN¥-60.65 Million
2020 -7.27% -6.62% 0.33x 3.28x CN¥-169.44 Million
2021 0.25% 0.23% 0.36x 3.10x CN¥-117.97 Million
2022 -27.87% -30.08% 0.24x 3.80x CN¥-364.20 Million
2023 -25.46% -12.99% 0.41x 4.74x CN¥-272.10 Million
2024 -19.91% -10.48% 0.41x 4.60x CN¥-197.27 Million

Industry Comparison

This section compares XiAn Qujiang Cultural Tourism Co Ltd's net assets metrics with peer companies in the Travel Services industry.

Industry Context

  • Industry: Travel Services
  • Average net assets among peers: $933,819,308
  • Average return on equity (ROE) among peers: 4.01%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
XiAn Qujiang Cultural Tourism Co Ltd (600706) CN¥651.51 Million 14.97% 3.28x $221.83 Million
Guangzhou Dongfang Hotel Co Ltd (000524) $510.65 Million -17.81% 0.54x $373.80 Million
Hna-Caissa Travel Group Co Ltd (000796) $559.01 Million 2.92% 1.14x $653.97 Million
Emei Shan Tourism Co Ltd (000888) $393.21 Million 6.56% 0.14x $601.20 Million
Wuhan Sante Cableway Group Co Ltd (002159) $1.15 Billion -3.25% 0.82x $247.87 Million
Beijing Utour International Travel Service Co Ltd (002707) $1.96 Billion 10.95% 1.04x $618.68 Million
Western Regions Tourism Development (300859) $371.84 Million 13.71% 0.34x $519.53 Million
Changbai Mountain Tourism Co Ltd (603099) $1.01 Billion 6.69% 0.25x $481.31 Million
Anhui Jiuhuashan Tourism Dvlp (603199) $1.51 Billion 12.28% 0.23x $329.78 Million