Nanning Department Store Co Ltd (600712) - Net Assets
Based on the latest financial reports, Nanning Department Store Co Ltd (600712) has net assets worth CN¥797.00 Million CNY (≈ $116.63 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¥1.37 Billion ≈ $200.39 Million USD) and total liabilities (CN¥572.43 Million ≈ $83.76 Million 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 Nanning Department Store Co Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥797.00 Million |
| % of Total Assets | 58.2% |
| Annual Growth Rate | 7.19% |
| 5-Year Change | -10.81% |
| 10-Year Change | -27.89% |
| Growth Volatility | 48.13 |
Nanning Department Store Co Ltd - Net Assets Trend (1993–2024)
This chart illustrates how Nanning Department Store Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Nanning Department Store Co Ltd balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Nanning Department Store Co Ltd (1993–2024)
The table below shows the annual net assets of Nanning Department Store Co Ltd from 1993 to 2024. For live valuation and market cap data, see how much is Nanning Department Store Co Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥796.71 Million ≈ $116.58 Million |
-3.82% |
| 2023-12-31 | CN¥828.34 Million ≈ $121.21 Million |
+0.88% |
| 2022-12-31 | CN¥821.09 Million ≈ $120.15 Million |
-7.28% |
| 2021-12-31 | CN¥885.58 Million ≈ $129.59 Million |
-0.86% |
| 2020-12-31 | CN¥893.24 Million ≈ $130.71 Million |
-12.87% |
| 2019-12-31 | CN¥1.03 Billion ≈ $150.01 Million |
+0.79% |
| 2018-12-31 | CN¥1.02 Billion ≈ $148.84 Million |
-4.37% |
| 2017-12-31 | CN¥1.06 Billion ≈ $155.64 Million |
+0.17% |
| 2016-12-31 | CN¥1.06 Billion ≈ $155.38 Million |
-3.89% |
| 2015-12-31 | CN¥1.10 Billion ≈ $161.67 Million |
+2.10% |
| 2014-12-31 | CN¥1.08 Billion ≈ $158.34 Million |
+1.01% |
| 2013-12-31 | CN¥1.07 Billion ≈ $156.76 Million |
-0.02% |
| 2012-12-31 | CN¥1.07 Billion ≈ $156.79 Million |
+3.94% |
| 2011-12-31 | CN¥1.03 Billion ≈ $150.85 Million |
+212.39% |
| 2010-12-31 | CN¥330.00 Million ≈ $48.29 Million |
+32.10% |
| 2009-12-31 | CN¥249.81 Million ≈ $36.56 Million |
+2.07% |
| 2008-12-31 | CN¥244.74 Million ≈ $35.81 Million |
+17.17% |
| 2007-12-31 | CN¥208.88 Million ≈ $30.57 Million |
+30.35% |
| 2006-12-31 | CN¥160.25 Million ≈ $23.45 Million |
-1.51% |
| 2005-12-31 | CN¥162.71 Million ≈ $23.81 Million |
+0.36% |
| 2004-12-31 | CN¥162.13 Million ≈ $23.72 Million |
+0.52% |
| 2003-12-31 | CN¥161.30 Million ≈ $23.60 Million |
-38.45% |
| 2002-12-31 | CN¥262.04 Million ≈ $38.34 Million |
-0.97% |
| 2001-12-31 | CN¥264.61 Million ≈ $38.72 Million |
-4.50% |
| 2000-12-31 | CN¥277.08 Million ≈ $40.55 Million |
-1.90% |
| 1999-12-31 | CN¥282.45 Million ≈ $41.33 Million |
-19.43% |
| 1998-12-31 | CN¥350.58 Million ≈ $51.30 Million |
+6.91% |
| 1997-12-31 | CN¥327.91 Million ≈ $47.98 Million |
+5.72% |
| 1996-12-31 | CN¥310.16 Million ≈ $45.39 Million |
+164.66% |
| 1995-12-31 | CN¥117.19 Million ≈ $17.15 Million |
+6.00% |
| 1994-12-31 | CN¥110.56 Million ≈ $16.18 Million |
+19.54% |
| 1993-12-31 | CN¥92.49 Million ≈ $13.53 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Nanning 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 decreased by 28688.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥544.66 Million | 68.36% |
| Other Comprehensive Income | CN¥66.22 Million | 8.31% |
| Other Components | CN¥362.77 Million | 45.53% |
| Total Equity | CN¥796.71 Million | 100.00% |
Nanning Department Store Co Ltd Competitors by Market Cap
The table below lists competitors of Nanning Department Store Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BlackRock MIT II
NYSE:BLE
|
$503.04 Million |
|
Kocaer Celik Sanayi ve Ticaret A.S.
IS:KCAER
|
$503.11 Million |
|
Zhejiang Liming Intelligent Manufacturing Co Ltd
SHG:603048
|
$503.15 Million |
|
Jiangsu Apon Medical Technology Co Ltd Class A
SHE:300753
|
$503.17 Million |
|
Jinhong Fashion Group Co Ltd
SHG:603518
|
$502.83 Million |
|
More Provident Funds
TA:MPP
|
$502.82 Million |
|
Bank Net Indonesia Syariah Tbk PT
JK:BANK
|
$502.76 Million |
|
TPI Polene Power Public Company Limited
BK:TPIPP
|
$502.70 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nanning Department Store Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 828,341,598 to 796,708,765, a change of -31,632,833 (-3.8%).
- Net loss of 31,632,832 reduced equity.
- Dividend payments of 8,840,367 reduced retained earnings.
- Other comprehensive income increased equity by 66,222,673.
- Other factors decreased equity by 57,382,307.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-31.63 Million | -3.97% |
| Dividends Paid | CN¥8.84 Million | -1.11% |
| Other Comprehensive Income | CN¥66.22 Million | +8.31% |
| Other Changes | CN¥-57.38 Million | -7.2% |
| Total Change | CN¥- | -3.82% |
Book Value vs Market Value Analysis
This analysis compares Nanning 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: 4.31x
- 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 27.31x to 4.31x 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¥0.23 | CN¥6.31 | x |
| 1994-12-31 | CN¥0.25 | CN¥6.31 | x |
| 1995-12-31 | CN¥0.27 | CN¥6.31 | x |
| 1996-12-31 | CN¥0.74 | CN¥6.31 | x |
| 1997-12-31 | CN¥0.78 | CN¥6.31 | x |
| 1998-12-31 | CN¥0.84 | CN¥6.31 | x |
| 1999-12-31 | CN¥0.67 | CN¥6.31 | x |
| 2000-12-31 | CN¥0.69 | CN¥6.31 | x |
| 2001-12-31 | CN¥0.66 | CN¥6.31 | x |
| 2002-12-31 | CN¥0.65 | CN¥6.31 | x |
| 2003-12-31 | CN¥0.39 | CN¥6.31 | x |
| 2004-12-31 | CN¥0.40 | CN¥6.31 | x |
| 2005-12-31 | CN¥0.41 | CN¥6.31 | x |
| 2006-12-31 | CN¥0.32 | CN¥6.31 | x |
| 2007-12-31 | CN¥0.50 | CN¥6.31 | x |
| 2008-12-31 | CN¥0.68 | CN¥6.31 | x |
| 2009-12-31 | CN¥0.58 | CN¥6.31 | x |
| 2010-12-31 | CN¥0.78 | CN¥6.31 | x |
| 2011-12-31 | CN¥2.30 | CN¥6.31 | x |
| 2012-12-31 | CN¥1.97 | CN¥6.31 | x |
| 2013-12-31 | CN¥1.89 | CN¥6.31 | x |
| 2014-12-31 | CN¥2.00 | CN¥6.31 | x |
| 2015-12-31 | CN¥2.00 | CN¥6.31 | x |
| 2016-12-31 | CN¥1.86 | CN¥6.31 | x |
| 2017-12-31 | CN¥1.98 | CN¥6.31 | x |
| 2018-12-31 | CN¥1.81 | CN¥6.31 | x |
| 2019-12-31 | CN¥1.88 | CN¥6.31 | x |
| 2020-12-31 | CN¥1.64 | CN¥6.31 | x |
| 2021-12-31 | CN¥1.63 | CN¥6.31 | x |
| 2022-12-31 | CN¥1.51 | CN¥6.31 | x |
| 2023-12-31 | CN¥1.52 | CN¥6.31 | x |
| 2024-12-31 | CN¥1.46 | CN¥6.31 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nanning 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): -3.97%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.13%
- • Asset Turnover: 0.44x
- • Equity Multiplier: 1.74x
- Recent ROE (-3.97%) is below the historical average (3.11%), 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 | 26.08% | 7.10% | 0.96x | 3.84x | CN¥14.87 Million |
| 1994 | 21.29% | 6.26% | 0.88x | 3.86x | CN¥11.35 Million |
| 1995 | 21.27% | 7.25% | 0.81x | 3.64x | CN¥12.08 Million |
| 1996 | 12.25% | 10.18% | 0.55x | 2.21x | CN¥6.66 Million |
| 1997 | 5.72% | 4.98% | 0.60x | 1.93x | CN¥-13.42 Million |
| 1998 | 6.88% | 5.82% | 0.60x | 1.98x | CN¥-10.49 Million |
| 1999 | 6.54% | 4.47% | 0.66x | 2.21x | CN¥-9.23 Million |
| 2000 | 6.50% | 3.83% | 0.75x | 2.28x | CN¥-9.66 Million |
| 2001 | 6.24% | 2.95% | 0.91x | 2.32x | CN¥-9.94 Million |
| 2002 | 3.34% | 1.47% | 0.96x | 2.37x | CN¥-17.44 Million |
| 2003 | -69.26% | -16.12% | 1.01x | 4.27x | CN¥-122.70 Million |
| 2004 | 2.56% | 0.48% | 0.86x | 6.15x | CN¥-11.82 Million |
| 2005 | 3.61% | 0.64% | 0.96x | 5.88x | CN¥-10.39 Million |
| 2006 | 1.53% | 0.25% | 1.09x | 5.69x | CN¥-13.56 Million |
| 2007 | 6.65% | 1.22% | 1.29x | 4.21x | CN¥-6.99 Million |
| 2008 | 11.76% | 2.06% | 1.48x | 3.84x | CN¥4.16 Million |
| 2009 | 11.85% | 1.95% | 1.65x | 3.67x | CN¥4.50 Million |
| 2010 | 29.58% | 5.25% | 1.71x | 3.30x | CN¥64.60 Million |
| 2011 | 5.66% | 2.54% | 1.24x | 1.80x | CN¥-44.75 Million |
| 2012 | 6.01% | 2.44% | 1.26x | 1.96x | CN¥-42.73 Million |
| 2013 | 1.58% | 0.59% | 1.32x | 2.04x | CN¥-90.16 Million |
| 2014 | 1.50% | 0.65% | 1.20x | 1.92x | CN¥-91.95 Million |
| 2015 | 2.51% | 1.17% | 1.07x | 2.01x | CN¥-82.81 Million |
| 2016 | -3.23% | -1.55% | 0.98x | 2.11x | CN¥-140.46 Million |
| 2017 | 0.17% | 0.08% | 1.01x | 2.10x | CN¥-104.59 Million |
| 2018 | -4.41% | -2.14% | 1.02x | 2.01x | CN¥-146.58 Million |
| 2019 | 0.46% | 0.26% | 0.98x | 1.85x | CN¥-97.76 Million |
| 2020 | -14.58% | -16.71% | 0.43x | 2.02x | CN¥-219.58 Million |
| 2021 | 0.30% | 0.33% | 0.47x | 1.94x | CN¥-85.92 Million |
| 2022 | -7.85% | -9.84% | 0.41x | 1.95x | CN¥-146.60 Million |
| 2023 | 0.88% | 1.07% | 0.45x | 1.82x | CN¥-75.58 Million |
| 2024 | -3.97% | -5.13% | 0.44x | 1.74x | CN¥-111.30 Million |
Industry Comparison
This section compares Nanning 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: $3,423,601,112
- Average return on equity (ROE) among peers: 9.12%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nanning Department Store Co Ltd (600712) | CN¥797.00 Million | 26.08% | 0.72x | $502.91 Million |
| Hefei Department Store Group Co Ltd (000417) | $678.42 Million | 3.74% | 0.95x | $763.47 Million |
| Changsha Tongcheng Holdings Co Ltd (000419) | $709.40 Million | 4.90% | 1.19x | $463.74 Million |
| Wushang Group Co Ltd (000501) | $1.48 Billion | 8.79% | 0.63x | $942.98 Million |
| CCOOP Group Co Ltd (000564) | $25.85 Billion | -17.56% | 0.82x | $4.62 Billion |
| Dalian Friendship Group Co Ltd (000679) | $740.14 Million | 3.92% | 1.00x | $377.58 Million |
| Zhongxing Shenyang Commercial Building Group Co Ltd (000715) | $883.51 Million | 7.10% | 0.52x | $473.70 Million |
| Easyhome New Retail Group Co Ltd (000785) | $973.21 Million | 2.68% | 1.96x | $2.35 Billion |
| Beijing Hualian Department Store Co Ltd (000882) | $140.55 Million | 36.98% | 0.74x | $660.93 Million |
| Guangzhou Grandbuy Co Ltd (002187) | $2.38 Billion | 10.01% | 0.90x | $634.86 Million |
| Better Life Commercial Chain Share Co Ltd (002251) | $403.01 Million | 30.68% | 2.74x | $1.63 Billion |
About Nanning Department Store Co Ltd
Nanning Department Store Co., Ltd. engages in commercial retail business in the People's Republic of China. It is involved in department stores, home appliances, supermarkets, automobiles, and e-commerce business. The company was founded in 1956 and is headquartered in Nanning, China.