Tibet Urban Development and Investment Co Ltd
Tibet Urban Development and Investment Co.,LTD, together with its subsidiaries, develops, operates, manages, and sells real estate properties in China. The company also engages in the mining investment business; leasing and financing activities; and management of outlets, as well as operates a hotel. Tibet Urban Development and Investment Co.,LTD was formerly known as Tibet Jinzhu Co., Ltd. The c… Read more
Tibet Urban Development and Investment Co Ltd (600773) - Net Assets
Latest net assets as of September 2025: CN¥4.47 Billion CNY
Based on the latest financial reports, Tibet Urban Development and Investment Co Ltd (600773) has net assets worth CN¥4.47 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¥10.69 Billion) and total liabilities (CN¥6.23 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¥4.47 Billion |
| % of Total Assets | 41.77% |
| Annual Growth Rate | 16.05% |
| 5-Year Change | 29.67% |
| 10-Year Change | 79.86% |
| Growth Volatility | 58.89 |
Tibet Urban Development and Investment Co Ltd - Net Assets Trend (1993–2024)
This chart illustrates how Tibet Urban Development and Investment 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 Tibet Urban Development and Investment Co Ltd (1993–2024)
The table below shows the annual net assets of Tibet Urban Development and Investment Co Ltd from 1993 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.64 Billion | +26.47% |
| 2023-12-31 | CN¥3.67 Billion | -0.57% |
| 2022-12-31 | CN¥3.69 Billion | +0.61% |
| 2021-12-31 | CN¥3.67 Billion | +2.48% |
| 2020-12-31 | CN¥3.58 Billion | +2.90% |
| 2019-12-31 | CN¥3.48 Billion | +5.43% |
| 2018-12-31 | CN¥3.30 Billion | +2.77% |
| 2017-12-31 | CN¥3.21 Billion | +17.91% |
| 2016-12-31 | CN¥2.72 Billion | +5.52% |
| 2015-12-31 | CN¥2.58 Billion | +5.88% |
| 2014-12-31 | CN¥2.44 Billion | +94.82% |
| 2013-12-31 | CN¥1.25 Billion | +6.30% |
| 2012-12-31 | CN¥1.18 Billion | -4.60% |
| 2011-12-31 | CN¥1.23 Billion | +32.12% |
| 2010-12-31 | CN¥934.30 Million | +14.75% |
| 2009-12-31 | CN¥814.18 Million | +13151.25% |
| 2008-12-31 | CN¥-6.24 Million | -125.42% |
| 2007-12-31 | CN¥24.54 Million | -67.68% |
| 2006-12-31 | CN¥75.95 Million | +185.37% |
| 2005-12-31 | CN¥26.61 Million | -89.24% |
| 2004-12-31 | CN¥247.35 Million | -31.31% |
| 2003-12-31 | CN¥360.12 Million | +2.37% |
| 2002-12-31 | CN¥351.80 Million | +5.10% |
| 2001-12-31 | CN¥334.72 Million | +3.29% |
| 2000-12-31 | CN¥324.07 Million | +46.60% |
| 1999-12-31 | CN¥221.05 Million | +7.69% |
| 1998-12-31 | CN¥205.27 Million | +23.29% |
| 1997-12-31 | CN¥166.50 Million | +12.20% |
| 1996-12-31 | CN¥148.39 Million | +174.77% |
| 1995-12-31 | CN¥54.01 Million | +14.97% |
| 1994-12-31 | CN¥46.97 Million | +2.23% |
| 1993-12-31 | CN¥45.95 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tibet Urban Development and Investment 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 117413105000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.17 Billion | 24.22% |
| Common Stock | CN¥951.59 Million | 19.63% |
| Other Comprehensive Income | CN¥225.39 Million | 4.65% |
| Other Components | CN¥2.50 Billion | 51.50% |
| Total Equity | CN¥4.85 Billion | 100.00% |
Tibet Urban Development and Investment Co Ltd Competitors by Market Cap
The table below lists competitors of Tibet Urban Development and Investment Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
W.T.B. Financial Corporation
PINK:WTBFA
|
$1.38 Billion |
|
ASCENTAGE PHARM. DL-0001
F:36X
|
$1.38 Billion |
|
Kirloskar Oil Engines Limited
NSE:KIRLOSENG
|
$1.38 Billion |
|
BBMG Corp Class A
SHG:601992
|
$1.38 Billion |
|
Kyland Technology Co Ltd
SHE:300353
|
$1.38 Billion |
|
LianChuang Electronic Technology Co Ltd
SHE:002036
|
$1.38 Billion |
|
Kardex Holding AG
PINK:KRDXF
|
$1.38 Billion |
|
Lien Hwa Industrial Corp
TW:1229
|
$1.38 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tibet Urban Development and Investment Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,824,717,287 to 4,847,305,345, a change of 1,022,588,058 (26.7%).
- Net income of 12,549,895 contributed positively to equity growth.
- Dividend payments of 293,410,623 reduced retained earnings.
- Other comprehensive income increased equity by 225,388,746.
- Other factors increased equity by 1,078,060,040.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥12.55 Million | +0.26% |
| Dividends Paid | CN¥293.41 Million | -6.05% |
| Other Comprehensive Income | CN¥225.39 Million | +4.65% |
| Other Changes | CN¥1.08 Billion | +22.24% |
| Total Change | CN¥- | 26.74% |
Book Value vs Market Value Analysis
This analysis compares Tibet Urban Development and Investment 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: 4.73x
- 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 90.89x to 4.73x 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¥0.20 | CN¥18.25 | x |
| 1994-12-31 | CN¥0.21 | CN¥18.25 | x |
| 1995-12-31 | CN¥0.24 | CN¥18.25 | x |
| 1996-12-31 | CN¥0.65 | CN¥18.25 | x |
| 1997-12-31 | CN¥0.73 | CN¥18.25 | x |
| 1998-12-31 | CN¥0.90 | CN¥18.25 | x |
| 1999-12-31 | CN¥0.97 | CN¥18.25 | x |
| 2000-12-31 | CN¥1.42 | CN¥18.25 | x |
| 2001-12-31 | CN¥1.48 | CN¥18.25 | x |
| 2002-12-31 | CN¥1.50 | CN¥18.25 | x |
| 2003-12-31 | CN¥1.52 | CN¥18.25 | x |
| 2004-12-31 | CN¥0.99 | CN¥18.25 | x |
| 2005-12-31 | CN¥0.14 | CN¥18.25 | x |
| 2006-12-31 | CN¥0.37 | CN¥18.25 | x |
| 2007-12-31 | CN¥0.05 | CN¥18.25 | x |
| 2008-12-31 | CN¥-0.05 | CN¥18.25 | x |
| 2009-12-31 | CN¥1.95 | CN¥18.25 | x |
| 2010-12-31 | CN¥1.40 | CN¥18.25 | x |
| 2011-12-31 | CN¥1.92 | CN¥18.25 | x |
| 2012-12-31 | CN¥2.09 | CN¥18.25 | x |
| 2013-12-31 | CN¥2.10 | CN¥18.25 | x |
| 2014-12-31 | CN¥4.11 | CN¥18.25 | x |
| 2015-12-31 | CN¥3.59 | CN¥18.25 | x |
| 2016-12-31 | CN¥3.42 | CN¥18.25 | x |
| 2017-12-31 | CN¥4.31 | CN¥18.25 | x |
| 2018-12-31 | CN¥4.13 | CN¥18.25 | x |
| 2019-12-31 | CN¥4.26 | CN¥18.25 | x |
| 2020-12-31 | CN¥4.38 | CN¥18.25 | x |
| 2021-12-31 | CN¥4.50 | CN¥18.25 | x |
| 2022-12-31 | CN¥4.61 | CN¥18.25 | x |
| 2023-12-31 | CN¥4.94 | CN¥18.25 | x |
| 2024-12-31 | CN¥3.86 | CN¥18.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tibet Urban Development and Investment 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): 0.26%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.06%
- • Asset Turnover: 0.10x
- • Equity Multiplier: 2.44x
- Recent ROE (0.26%) is above the historical average (-25.67%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 11.14% | 6.50% | 0.95x | 1.81x | CN¥524.90K |
| 1994 | 14.52% | 16.36% | 0.46x | 1.91x | CN¥2.12 Million |
| 1995 | 20.19% | 6.83% | 1.65x | 1.79x | CN¥5.50 Million |
| 1996 | 11.44% | 10.91% | 0.87x | 1.21x | CN¥2.13 Million |
| 1997 | 10.85% | 20.32% | 0.46x | 1.16x | CN¥1.41 Million |
| 1998 | 10.95% | 31.28% | 0.32x | 1.11x | CN¥1.96 Million |
| 1999 | 8.34% | 17.01% | 0.43x | 1.15x | CN¥-3.66 Million |
| 2000 | 6.41% | 18.66% | 0.29x | 1.20x | CN¥-11.65 Million |
| 2001 | 7.14% | 13.33% | 0.35x | 1.54x | CN¥-9.69 Million |
| 2002 | 1.07% | 1.76% | 0.36x | 1.69x | CN¥-30.56 Million |
| 2003 | 2.08% | 0.67% | 1.03x | 3.02x | CN¥-27.52 Million |
| 2004 | -47.68% | -24.52% | 0.49x | 3.93x | CN¥-130.58 Million |
| 2005 | -546.97% | -1002.08% | 0.02x | 22.00x | CN¥-179.77 Million |
| 2006 | 6.91% | 11.73% | 0.26x | 2.30x | CN¥-2.04 Million |
| 2007 | -432.33% | -156.25% | 0.27x | 10.41x | CN¥-53.01 Million |
| 2008 | 0.00% | -84.27% | 0.48x | 0.00x | CN¥-26.85 Million |
| 2009 | 11.28% | 18.50% | 0.08x | 7.27x | CN¥8.76 Million |
| 2010 | 14.26% | 13.33% | 0.10x | 10.98x | CN¥34.42 Million |
| 2011 | 26.57% | 10.01% | 0.35x | 7.62x | CN¥182.39 Million |
| 2012 | 8.61% | 13.51% | 0.09x | 7.36x | CN¥-16.31 Million |
| 2013 | 5.24% | 9.55% | 0.08x | 7.19x | CN¥-58.77 Million |
| 2014 | 3.16% | 7.33% | 0.10x | 4.46x | CN¥-166.33 Million |
| 2015 | 2.51% | 8.20% | 0.07x | 4.45x | CN¥-186.37 Million |
| 2016 | 2.93% | 2.70% | 0.30x | 3.62x | CN¥-180.93 Million |
| 2017 | 2.55% | 8.49% | 0.09x | 3.44x | CN¥-239.24 Million |
| 2018 | 3.15% | 8.86% | 0.10x | 3.59x | CN¥-226.49 Million |
| 2019 | 3.05% | 7.92% | 0.10x | 4.00x | CN¥-242.24 Million |
| 2020 | 3.10% | 5.97% | 0.13x | 4.04x | CN¥-247.94 Million |
| 2021 | 3.21% | 4.71% | 0.17x | 3.96x | CN¥-250.30 Million |
| 2022 | 3.10% | 4.77% | 0.18x | 3.69x | CN¥-260.72 Million |
| 2023 | 1.62% | 2.59% | 0.18x | 3.53x | CN¥-320.48 Million |
| 2024 | 0.26% | 1.06% | 0.10x | 2.44x | CN¥-472.18 Million |
Industry Comparison
This section compares Tibet Urban Development and Investment 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: $9,981,031,371
- Average return on equity (ROE) among peers: 6.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tibet Urban Development and Investment Co Ltd (600773) | CN¥4.47 Billion | 11.14% | 1.39x | $1.38 Billion |
| China Vanke Co Ltd Class A (000002) | $2.15 Billion | 10.68% | 1.09x | $5.28 Billion |
| Shenzhen Zhenye Group Co Ltd (000006) | $2.89 Billion | 15.02% | 1.88x | $1.04 Billion |
| Shahe Industry Co Ltd (000014) | $605.85 Million | 8.96% | 1.98x | $312.36 Million |
| Grandjoy Holdings Group Co Ltd (000031) | $52.09 Billion | 0.21% | 3.08x | $571.80 Million |
| China Union Holdings Ltd (000036) | $2.68 Billion | 2.58% | 1.41x | $356.29 Million |
| Shenzhen Centralcon Investment Holding Co Ltd (000042) | $1.74 Billion | 0.39% | 2.19x | $315.70 Million |
| Shenzhen Wongtee International Enterprise Co Ltd (000056) | $5.55 Billion | 0.90% | 1.24x | $213.53 Million |
| Financial Street Holdings Co Ltd (000402) | $31.13 Billion | 9.01% | 2.62x | $785.44 Million |
| Chongqing Yukaifa Co Ltd (000514) | $147.43 Million | 10.06% | 0.84x | $208.71 Million |
| Rongan Property Co Ltd (000517) | $819.92 Million | 2.19% | 0.80x | $214.19 Million |