Xiamen ITG Group Corp Ltd (600755) - Net Assets
Based on the latest financial reports, Xiamen ITG Group Corp Ltd (600755) has net assets worth CN¥23.47 Billion CNY (≈ $3.44 Billion 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¥126.39 Billion ≈ $18.50 Billion USD) and total liabilities (CN¥102.92 Billion ≈ $15.06 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. Also explore Xiamen ITG Group Corp Ltd total assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥23.47 Billion |
| % of Total Assets | 18.57% |
| Annual Growth Rate | 16.27% |
| 5-Year Change | 9.68% |
| 10-Year Change | 324.26% |
| Growth Volatility | 29.14 |
Xiamen ITG Group Corp Ltd - Net Assets Trend (1993–2024)
This chart illustrates how Xiamen ITG Group Corp Ltd's net assets have evolved over time, based on quarterly financial data. Check 600755 tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Xiamen ITG Group Corp Ltd (1993–2024)
The table below shows the annual net assets of Xiamen ITG Group Corp Ltd from 1993 to 2024. For live valuation and market cap data, see Xiamen ITG Group Corp Ltd (600755) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥38.24 Billion ≈ $5.60 Billion |
-1.00% |
| 2023-12-31 | CN¥38.62 Billion ≈ $5.65 Billion |
+1.47% |
| 2022-12-31 | CN¥38.07 Billion ≈ $5.57 Billion |
+7.09% |
| 2021-12-31 | CN¥35.54 Billion ≈ $5.20 Billion |
+1.96% |
| 2020-12-31 | CN¥34.86 Billion ≈ $5.10 Billion |
+26.81% |
| 2019-12-31 | CN¥27.49 Billion ≈ $4.02 Billion |
+5.83% |
| 2018-12-31 | CN¥25.98 Billion ≈ $3.80 Billion |
-0.09% |
| 2017-12-31 | CN¥26.00 Billion ≈ $3.80 Billion |
+45.12% |
| 2016-12-31 | CN¥17.92 Billion ≈ $2.62 Billion |
+98.78% |
| 2015-12-31 | CN¥9.01 Billion ≈ $1.32 Billion |
+7.10% |
| 2014-12-31 | CN¥8.42 Billion ≈ $1.23 Billion |
+29.42% |
| 2013-12-31 | CN¥6.50 Billion ≈ $951.48 Million |
+14.56% |
| 2012-12-31 | CN¥5.68 Billion ≈ $830.54 Million |
+10.01% |
| 2011-12-31 | CN¥5.16 Billion ≈ $754.96 Million |
+8.70% |
| 2010-12-31 | CN¥4.75 Billion ≈ $694.55 Million |
-2.37% |
| 2009-12-31 | CN¥4.86 Billion ≈ $711.40 Million |
+67.91% |
| 2008-12-31 | CN¥2.90 Billion ≈ $423.68 Million |
-1.75% |
| 2007-12-31 | CN¥2.95 Billion ≈ $431.23 Million |
+116.67% |
| 2006-12-31 | CN¥1.36 Billion ≈ $199.03 Million |
+19.40% |
| 2005-12-31 | CN¥1.14 Billion ≈ $166.69 Million |
+17.37% |
| 2004-12-31 | CN¥970.50 Million ≈ $142.01 Million |
+13.20% |
| 2003-12-31 | CN¥857.30 Million ≈ $125.45 Million |
+18.00% |
| 2002-12-31 | CN¥726.51 Million ≈ $106.31 Million |
+4.02% |
| 2001-12-31 | CN¥698.46 Million ≈ $102.21 Million |
+4.29% |
| 2000-12-31 | CN¥669.74 Million ≈ $98.00 Million |
-7.81% |
| 1999-12-31 | CN¥726.43 Million ≈ $106.30 Million |
-6.72% |
| 1998-12-31 | CN¥778.73 Million ≈ $113.95 Million |
+57.58% |
| 1997-12-31 | CN¥494.17 Million ≈ $72.31 Million |
+26.90% |
| 1996-12-31 | CN¥389.41 Million ≈ $56.98 Million |
-3.95% |
| 1995-12-31 | CN¥405.41 Million ≈ $59.32 Million |
+8.63% |
| 1994-12-31 | CN¥373.21 Million ≈ $54.61 Million |
+4.43% |
| 1993-12-31 | CN¥357.38 Million ≈ $52.30 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Xiamen ITG Group Corp 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 1232880200000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥12.33 Billion | 37.33% |
| Common Stock | CN¥2.17 Billion | 6.56% |
| Other Comprehensive Income | CN¥1.21 Billion | 3.68% |
| Other Components | CN¥17.32 Billion | 52.44% |
| Total Equity | CN¥33.03 Billion | 100.00% |
Xiamen ITG Group Corp Ltd Competitors by Market Cap
The table below lists competitors of Xiamen ITG Group Corp Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Karooooo Ltd
NASDAQ:KARO
|
$1.79 Billion |
|
NagaCorp Ltd
F:N9J
|
$1.80 Billion |
|
SJW Group Common Stock
NYSE:SJW
|
$1.80 Billion |
|
Devyani International Limited
NSE:DEVYANI
|
$1.80 Billion |
|
BGF Retail Co Ltd
KO:282330
|
$1.79 Billion |
|
Storskogen Group AB Series B
ST:STOR-B
|
$1.79 Billion |
|
Tianjin Port Co Ltd
SHG:600717
|
$1.79 Billion |
|
SVG Optronics Co Ltd
SHE:300331
|
$1.79 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Xiamen ITG Group Corp Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 32,636,224,820 to 33,029,525,000, a change of 393,300,180 (1.2%).
- Net income of 625,662,760 contributed positively to equity growth.
- Dividend payments of 2,670,968,000 reduced retained earnings.
- Share repurchases of 157,742,000 reduced equity.
- Other comprehensive income decreased equity by 10,393,758,503.
- Other factors increased equity by 12,990,105,923.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥625.66 Million | +1.89% |
| Dividends Paid | CN¥2.67 Billion | -8.09% |
| Share Repurchases | CN¥157.74 Million | -0.48% |
| Other Comprehensive Income | CN¥-10.39 Billion | -31.47% |
| Other Changes | CN¥12.99 Billion | +39.33% |
| Total Change | CN¥- | 1.21% |
Book Value vs Market Value Analysis
This analysis compares Xiamen ITG Group Corp 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: 3.62x
- 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 181.32x to 3.62x 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¥0.03 | CN¥5.73 | x |
| 1994-12-31 | CN¥0.03 | CN¥5.73 | x |
| 1995-12-31 | CN¥0.04 | CN¥5.73 | x |
| 1996-12-31 | CN¥0.03 | CN¥5.73 | x |
| 1997-12-31 | CN¥0.04 | CN¥5.73 | x |
| 1998-12-31 | CN¥0.07 | CN¥5.73 | x |
| 1999-12-31 | CN¥0.06 | CN¥5.73 | x |
| 2000-12-31 | CN¥0.06 | CN¥5.73 | x |
| 2001-12-31 | CN¥0.06 | CN¥5.73 | x |
| 2002-12-31 | CN¥0.06 | CN¥5.73 | x |
| 2003-12-31 | CN¥0.07 | CN¥5.73 | x |
| 2004-12-31 | CN¥0.08 | CN¥5.73 | x |
| 2005-12-31 | CN¥0.09 | CN¥5.73 | x |
| 2006-12-31 | CN¥0.10 | CN¥5.73 | x |
| 2007-12-31 | CN¥0.23 | CN¥5.73 | x |
| 2008-12-31 | CN¥0.25 | CN¥5.73 | x |
| 2009-12-31 | CN¥0.41 | CN¥5.73 | x |
| 2010-12-31 | CN¥0.31 | CN¥5.73 | x |
| 2011-12-31 | CN¥0.34 | CN¥5.73 | x |
| 2012-12-31 | CN¥0.35 | CN¥5.73 | x |
| 2013-12-31 | CN¥0.40 | CN¥5.73 | x |
| 2014-12-31 | CN¥0.50 | CN¥5.73 | x |
| 2015-12-31 | CN¥0.48 | CN¥5.73 | x |
| 2016-12-31 | CN¥0.81 | CN¥5.73 | x |
| 2017-12-31 | CN¥1.04 | CN¥5.73 | x |
| 2018-12-31 | CN¥0.84 | CN¥5.73 | x |
| 2019-12-31 | CN¥1.34 | CN¥5.73 | x |
| 2020-12-31 | CN¥1.04 | CN¥5.73 | x |
| 2021-12-31 | CN¥1.39 | CN¥5.73 | x |
| 2022-12-31 | CN¥1.38 | CN¥5.73 | x |
| 2023-12-31 | CN¥1.09 | CN¥5.73 | x |
| 2024-12-31 | CN¥1.58 | CN¥5.73 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Xiamen ITG Group Corp 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): 1.89%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.18%
- • Asset Turnover: 3.56x
- • Equity Multiplier: 3.02x
- Recent ROE (1.89%) is below the historical average (10.63%), 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 | 14.23% | 2.12% | 3.44x | 1.95x | CN¥14.94 Million |
| 1994 | 19.74% | 3.26% | 3.12x | 1.94x | CN¥36.01 Million |
| 1995 | 18.26% | 3.16% | 3.15x | 1.83x | CN¥33.23 Million |
| 1996 | 22.27% | 3.53% | 2.09x | 3.03x | CN¥47.09 Million |
| 1997 | 21.64% | 3.28% | 2.08x | 3.18x | CN¥56.81 Million |
| 1998 | -3.44% | -1.03% | 1.29x | 2.58x | CN¥-101.61 Million |
| 1999 | 7.18% | 2.19% | 1.42x | 2.32x | CN¥-20.15 Million |
| 2000 | 1.22% | 0.35% | 1.53x | 2.28x | CN¥-57.33 Million |
| 2001 | 4.00% | 1.35% | 1.21x | 2.43x | CN¥-41.00 Million |
| 2002 | 4.47% | 0.91% | 1.51x | 3.25x | CN¥-38.64 Million |
| 2003 | 9.15% | 1.36% | 1.43x | 4.73x | CN¥-6.70 Million |
| 2004 | 13.99% | 1.21% | 2.70x | 4.28x | CN¥34.86 Million |
| 2005 | 14.15% | 1.03% | 3.25x | 4.23x | CN¥40.57 Million |
| 2006 | 17.91% | 1.40% | 3.13x | 4.08x | CN¥92.36 Million |
| 2007 | 11.89% | 1.83% | 1.75x | 3.70x | CN¥50.88 Million |
| 2008 | 10.66% | 1.62% | 1.96x | 3.36x | CN¥17.30 Million |
| 2009 | 8.59% | 1.85% | 1.25x | 3.73x | CN¥-61.00 Million |
| 2010 | 12.26% | 1.55% | 1.67x | 4.74x | CN¥96.71 Million |
| 2011 | 11.77% | 1.19% | 2.15x | 4.62x | CN¥81.49 Million |
| 2012 | 8.13% | 0.92% | 1.73x | 5.07x | CN¥-89.11 Million |
| 2013 | 17.02% | 1.90% | 1.74x | 5.14x | CN¥387.57 Million |
| 2014 | 11.45% | 1.54% | 1.61x | 4.65x | CN¥107.82 Million |
| 2015 | 8.09% | 1.00% | 1.64x | 4.92x | CN¥-151.59 Million |
| 2016 | 6.79% | 1.06% | 1.79x | 3.56x | CN¥-494.08 Million |
| 2017 | 8.82% | 1.23% | 2.32x | 3.10x | CN¥-271.88 Million |
| 2018 | 9.32% | 1.06% | 2.72x | 3.23x | CN¥-158.68 Million |
| 2019 | 9.32% | 1.06% | 2.44x | 3.61x | CN¥-168.05 Million |
| 2020 | 9.97% | 0.74% | 3.10x | 4.33x | CN¥-7.03 Million |
| 2021 | 11.82% | 0.74% | 4.75x | 3.36x | CN¥528.43 Million |
| 2022 | 11.89% | 0.69% | 4.62x | 3.74x | CN¥572.41 Million |
| 2023 | 5.87% | 0.41% | 4.14x | 3.47x | CN¥-1.35 Billion |
| 2024 | 1.89% | 0.18% | 3.56x | 3.02x | CN¥-2.68 Billion |
Industry Comparison
This section compares Xiamen ITG Group Corp Ltd's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $952,866,136
- Average return on equity (ROE) among peers: -2.99%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Xiamen ITG Group Corp Ltd (600755) | CN¥23.47 Billion | 14.23% | 4.38x | $1.79 Billion |
| China Baoan Group Co Ltd (000009) | $2.49 Billion | 8.03% | 1.44x | $3.06 Billion |
| Yunding Technology Co Ltd (000409) | $1.54 Billion | 6.30% | 2.68x | $867.79 Million |
| Create Technology & Science Co Ltd (000551) | $1.72 Billion | 2.39% | 0.99x | $962.54 Million |
| Sundiro Holding Co Ltd (000571) | $943.25 Million | -35.25% | 2.11x | $904.97 Million |
| Guangdong Ganhua Science & Industry Co Ltd (000576) | $728.01 Million | 0.84% | 1.05x | $458.53 Million |
| Macrolink Real Estate Co Ltd (000620) | $73.49 Million | -47.57% | 6.86x | $2.39 Billion |
| Tianjin Economic-technological Development Area Co Ltd (000652) | $571.94 Million | 29.23% | 0.30x | $744.93 Million |
| CHTC Helon Co Ltd (000677) | $317.87 Million | 10.11% | 2.32x | $214.93 Million |
| Gansu Yatai Industrial Development Co Ltd (000691) | $180.32 Million | 11.41% | 0.90x | $697.51 Million |
| Hunan Fazhan Industrial Co Ltd (000722) | $955.43 Million | -15.37% | 1.66x | $1.13 Billion |
About Xiamen ITG Group Corp Ltd
Xiamen ITG Group Corp.,Ltd engages in the supply chain management, real estate, and financial service businesses. It operates through the Supply Chain Management Business, Health Technology Business, and Other Business segments. The company trades iron and steel; coal, polyester, liquefaction, oil products, crude oil, LNG, fuel oil, finished oil, asphalt, and LPG; chemical fibers, man-made fibers… Read more