Tibet Urban Development and Investment Co Ltd (600773) - Net Assets
Based on the latest financial reports, Tibet Urban Development and Investment Co Ltd (600773) has net assets worth CN¥3.81 Billion CNY (≈ $557.57 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥10.50 Billion ≈ $1.54 Billion USD) and total liabilities (CN¥6.69 Billion ≈ $978.91 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 600773 PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.81 Billion |
| % of Total Assets | 36.29% |
| Annual Growth Rate | 14.93% |
| 5-Year Change | 7.36% |
| 10-Year Change | 44.62% |
| Growth Volatility | 58.14 |
Tibet Urban Development and Investment Co Ltd - Net Assets Trend (1993–2025)
This chart illustrates how Tibet Urban Development and Investment Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see 600773 market cap overview.
Annual Net Assets for Tibet Urban Development and Investment Co Ltd (1993–2025)
The table below shows the annual net assets of Tibet Urban Development and Investment Co Ltd from 1993 to 2025. Also explore net asset momentum of Tibet Urban Development and Investment C to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥3.94 Billion ≈ $576.65 Million |
-15.15% |
| 2024-12-31 | CN¥4.64 Billion ≈ $679.59 Million |
+26.47% |
| 2023-12-31 | CN¥3.67 Billion ≈ $537.34 Million |
-0.57% |
| 2022-12-31 | CN¥3.69 Billion ≈ $540.41 Million |
+0.61% |
| 2021-12-31 | CN¥3.67 Billion ≈ $537.11 Million |
+2.48% |
| 2020-12-31 | CN¥3.58 Billion ≈ $524.11 Million |
+2.90% |
| 2019-12-31 | CN¥3.48 Billion ≈ $509.37 Million |
+5.43% |
| 2018-12-31 | CN¥3.30 Billion ≈ $483.14 Million |
+2.77% |
| 2017-12-31 | CN¥3.21 Billion ≈ $470.12 Million |
+17.91% |
| 2016-12-31 | CN¥2.72 Billion ≈ $398.72 Million |
+5.52% |
| 2015-12-31 | CN¥2.58 Billion ≈ $377.85 Million |
+5.88% |
| 2014-12-31 | CN¥2.44 Billion ≈ $356.88 Million |
+94.82% |
| 2013-12-31 | CN¥1.25 Billion ≈ $183.18 Million |
+6.30% |
| 2012-12-31 | CN¥1.18 Billion ≈ $172.33 Million |
-4.60% |
| 2011-12-31 | CN¥1.23 Billion ≈ $180.63 Million |
+32.12% |
| 2010-12-31 | CN¥934.30 Million ≈ $136.72 Million |
+14.75% |
| 2009-12-31 | CN¥814.18 Million ≈ $119.14 Million |
+13151.25% |
| 2008-12-31 | CN¥-6.24 Million ≈ $-912.86K |
-125.42% |
| 2007-12-31 | CN¥24.54 Million ≈ $3.59 Million |
-67.68% |
| 2006-12-31 | CN¥75.95 Million ≈ $11.11 Million |
+185.37% |
| 2005-12-31 | CN¥26.61 Million ≈ $3.89 Million |
-89.24% |
| 2004-12-31 | CN¥247.35 Million ≈ $36.20 Million |
-31.31% |
| 2003-12-31 | CN¥360.12 Million ≈ $52.70 Million |
+2.37% |
| 2002-12-31 | CN¥351.80 Million ≈ $51.48 Million |
+5.10% |
| 2001-12-31 | CN¥334.72 Million ≈ $48.98 Million |
+3.29% |
| 2000-12-31 | CN¥324.07 Million ≈ $47.42 Million |
+46.60% |
| 1999-12-31 | CN¥221.05 Million ≈ $32.35 Million |
+7.69% |
| 1998-12-31 | CN¥205.27 Million ≈ $30.04 Million |
+23.29% |
| 1997-12-31 | CN¥166.50 Million ≈ $24.36 Million |
+12.20% |
| 1996-12-31 | CN¥148.39 Million ≈ $21.71 Million |
+174.77% |
| 1995-12-31 | CN¥54.01 Million ≈ $7.90 Million |
+14.97% |
| 1994-12-31 | CN¥46.97 Million ≈ $6.87 Million |
+2.23% |
| 1993-12-31 | CN¥45.95 Million ≈ $6.72 Million |
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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 61189974499.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥611.90 Million | 14.25% |
| Other Components | CN¥3.68 Billion | 85.75% |
| Total Equity | CN¥4.29 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 |
|---|---|
|
Companhiade Eletricidade do Estado da Bahia - COELBA
SA:CEEB3
|
$1.44 Billion |
|
Sopharma AD
WAR:SPH
|
$1.44 Billion |
|
ShanXi Coking Co Ltd
SHG:600740
|
$1.44 Billion |
|
MeHow Innovative Ltd. A
SHE:301363
|
$1.44 Billion |
|
Fila Holdings Corp
KO:081660
|
$1.44 Billion |
|
GoGold Resources Inc.
TO:GGD
|
$1.44 Billion |
|
Cia Brasileira de Aluminio
SA:CBAV3
|
$1.44 Billion |
|
ERAMET EO 305 ADR 1/10
F:ER70
|
$1.44 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 2024 to 2025, total equity changed from 4,847,305,345 to 4,294,436,632, a change of -552,868,713 (-11.4%).
- Net loss of 552,715,437 reduced equity.
- Dividend payments of 214,786,305 reduced retained earnings.
- Other comprehensive income decreased equity by 225,388,746.
- Other factors increased equity by 440,021,775.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-552.72 Million | -12.87% |
| Dividends Paid | CN¥214.79 Million | -5.0% |
| Other Comprehensive Income | CN¥-225.39 Million | -5.25% |
| Other Changes | CN¥440.02 Million | +10.25% |
| Total Change | CN¥- | -11.41% |
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: 2.30x
- 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 51.60x to 2.30x 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¥10.36 | x |
| 1994-12-31 | CN¥0.21 | CN¥10.36 | x |
| 1995-12-31 | CN¥0.24 | CN¥10.36 | x |
| 1996-12-31 | CN¥0.65 | CN¥10.36 | x |
| 1997-12-31 | CN¥0.73 | CN¥10.36 | x |
| 1998-12-31 | CN¥0.90 | CN¥10.36 | x |
| 1999-12-31 | CN¥0.97 | CN¥10.36 | x |
| 2000-12-31 | CN¥1.42 | CN¥10.36 | x |
| 2001-12-31 | CN¥1.48 | CN¥10.36 | x |
| 2002-12-31 | CN¥1.50 | CN¥10.36 | x |
| 2003-12-31 | CN¥1.52 | CN¥10.36 | x |
| 2004-12-31 | CN¥0.99 | CN¥10.36 | x |
| 2005-12-31 | CN¥0.14 | CN¥10.36 | x |
| 2006-12-31 | CN¥0.37 | CN¥10.36 | x |
| 2007-12-31 | CN¥0.05 | CN¥10.36 | x |
| 2008-12-31 | CN¥-0.05 | CN¥10.36 | x |
| 2009-12-31 | CN¥1.95 | CN¥10.36 | x |
| 2010-12-31 | CN¥1.40 | CN¥10.36 | x |
| 2011-12-31 | CN¥1.92 | CN¥10.36 | x |
| 2012-12-31 | CN¥2.09 | CN¥10.36 | x |
| 2013-12-31 | CN¥2.10 | CN¥10.36 | x |
| 2014-12-31 | CN¥4.11 | CN¥10.36 | x |
| 2015-12-31 | CN¥3.59 | CN¥10.36 | x |
| 2016-12-31 | CN¥3.42 | CN¥10.36 | x |
| 2017-12-31 | CN¥4.31 | CN¥10.36 | x |
| 2018-12-31 | CN¥4.13 | CN¥10.36 | x |
| 2019-12-31 | CN¥4.26 | CN¥10.36 | x |
| 2020-12-31 | CN¥4.38 | CN¥10.36 | x |
| 2021-12-31 | CN¥4.50 | CN¥10.36 | x |
| 2022-12-31 | CN¥4.61 | CN¥10.36 | x |
| 2023-12-31 | CN¥4.94 | CN¥10.36 | x |
| 2024-12-31 | CN¥3.86 | CN¥10.36 | x |
| 2025-12-31 | CN¥4.51 | CN¥10.36 | 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): -12.87%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -60.16%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 2.37x
- Recent ROE (-12.87%) is above the historical average (-25.28%), 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 |
| 2025 | -12.87% | -60.16% | 0.09x | 2.37x | CN¥-982.16 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: $4,498,701,079
- Average return on equity (ROE) among peers: 9.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tibet Urban Development and Investment Co Ltd (600773) | CN¥3.81 Billion | 11.14% | 1.76x | $1.44 Billion |
| China Vanke Co Ltd Class A (000002) | $3.55 Billion | 10.76% | 1.31x | $5.42 Billion |
| Shenzhen Zhenye Group Co Ltd (000006) | $5.71 Billion | 14.12% | 1.30x | $1.44 Billion |
| Shenzhen Properties & Resources Development Group Ltd (000011) | $1.50 Billion | 24.97% | 1.66x | $743.80 Million |
| Shahe Industry Co Ltd (000014) | $800.15 Million | 0.95% | 0.91x | $385.00 Million |
| Grandjoy Holdings Group Co Ltd (000031) | $11.74 Billion | 8.05% | 5.45x | $1.51 Billion |
| China Union Holdings Ltd (000036) | $2.49 Billion | 1.38% | 0.83x | $831.96 Million |
| Shenzhen Centralcon Investment Holding Co Ltd (000042) | $2.53 Billion | 12.62% | 1.83x | $818.17 Million |
| Shenzhen Wongtee International Enterprise Co Ltd (000056) | $435.59 Million | 8.92% | 1.55x | $377.98 Million |
| Financial Street Holdings Co Ltd (000402) | $15.94 Billion | 8.57% | 1.66x | $1.22 Billion |
| Chongqing Yukaifa Co Ltd (000514) | $277.42 Million | 0.39% | 2.69x | $545.74 Million |
About 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 is also involved in the mining investment business; leasing and financing activities; and management of outlets, as well as operates a hotel. In addition, it provides sales agencies, urban renewal, real estate brokerage, catering, gues… Read more