Yinchuan Xinhua Commercial Group Co Ltd (600785) - Net Assets
Based on the latest financial reports, Yinchuan Xinhua Commercial Group Co Ltd (600785) has net assets worth CN¥2.00 Billion CNY (≈ $293.32 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¥7.79 Billion ≈ $1.14 Billion USD) and total liabilities (CN¥5.78 Billion ≈ $845.90 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 strategic asset allocation of Yinchuan Xinhua Commercial Group Co Ltd to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.00 Billion |
| % of Total Assets | 25.75% |
| Annual Growth Rate | 15.26% |
| 5-Year Change | 10.8% |
| 10-Year Change | 4.86% |
| Growth Volatility | 42.82 |
Yinchuan Xinhua Commercial Group Co Ltd - Net Assets Trend (1995–2025)
This chart illustrates how Yinchuan Xinhua Commercial Group Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see how much is Yinchuan Xinhua Commercial Group Co Ltd worth.
Annual Net Assets for Yinchuan Xinhua Commercial Group Co Ltd (1995–2025)
The table below shows the annual net assets of Yinchuan Xinhua Commercial Group Co Ltd from 1995 to 2025. Also explore Yinchuan Xinhua Commercial Group Co Ltd net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.96 Billion ≈ $287.37 Million |
-1.51% |
| 2024-12-31 | CN¥1.99 Billion ≈ $291.77 Million |
+3.43% |
| 2023-12-31 | CN¥1.93 Billion ≈ $282.09 Million |
+4.71% |
| 2022-12-31 | CN¥1.84 Billion ≈ $269.39 Million |
+3.86% |
| 2021-12-31 | CN¥1.77 Billion ≈ $259.37 Million |
-20.30% |
| 2020-12-31 | CN¥2.22 Billion ≈ $325.44 Million |
-1.07% |
| 2019-12-31 | CN¥2.25 Billion ≈ $328.95 Million |
+10.89% |
| 2018-12-31 | CN¥2.03 Billion ≈ $296.63 Million |
+5.87% |
| 2017-12-31 | CN¥1.91 Billion ≈ $280.18 Million |
+2.24% |
| 2016-12-31 | CN¥1.87 Billion ≈ $274.05 Million |
+1.91% |
| 2015-12-31 | CN¥1.84 Billion ≈ $268.92 Million |
+6.25% |
| 2014-12-31 | CN¥1.73 Billion ≈ $253.11 Million |
+2.23% |
| 2013-12-31 | CN¥1.69 Billion ≈ $247.60 Million |
+8.27% |
| 2012-12-31 | CN¥1.56 Billion ≈ $228.69 Million |
+21.87% |
| 2011-12-31 | CN¥1.28 Billion ≈ $187.65 Million |
+18.95% |
| 2010-12-31 | CN¥1.08 Billion ≈ $157.75 Million |
+19.67% |
| 2009-12-31 | CN¥900.82 Million ≈ $131.82 Million |
+25.63% |
| 2008-12-31 | CN¥717.03 Million ≈ $104.92 Million |
+4.84% |
| 2007-12-31 | CN¥683.94 Million ≈ $100.08 Million |
-1.23% |
| 2006-12-31 | CN¥692.47 Million ≈ $101.33 Million |
+3.62% |
| 2005-12-31 | CN¥668.25 Million ≈ $97.79 Million |
+3.38% |
| 2004-12-31 | CN¥646.41 Million ≈ $94.59 Million |
+3.04% |
| 2003-12-31 | CN¥627.31 Million ≈ $91.80 Million |
+21.34% |
| 2002-12-31 | CN¥516.98 Million ≈ $75.65 Million |
+8.55% |
| 2001-12-31 | CN¥476.28 Million ≈ $69.70 Million |
+64.30% |
| 2000-12-31 | CN¥289.88 Million ≈ $42.42 Million |
+15.57% |
| 1999-12-31 | CN¥250.82 Million ≈ $36.70 Million |
+34.79% |
| 1998-12-31 | CN¥186.09 Million ≈ $27.23 Million |
+13.66% |
| 1997-12-31 | CN¥163.73 Million ≈ $23.96 Million |
+226.03% |
| 1996-12-31 | CN¥50.22 Million ≈ $7.35 Million |
+81.42% |
| 1995-12-31 | CN¥27.68 Million ≈ $4.05 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Yinchuan Xinhua Commercial Group 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 26294.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.49 Billion | 66.49% |
| Other Components | CN¥752.08 Million | 33.51% |
| Total Equity | CN¥2.24 Billion | 100.00% |
Yinchuan Xinhua Commercial Group Co Ltd Competitors by Market Cap
The table below lists competitors of Yinchuan Xinhua Commercial Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Xiamen Xindeco Ltd
SHE:000701
|
$519.18 Million |
|
Duta Pertiwi Tbk
JK:DUTI
|
$519.25 Million |
|
WashTec AG
XETRA:WSU
|
$519.28 Million |
|
Martinrea International Inc.
TO:MRE
|
$519.35 Million |
|
SandRidge Energy Inc
NYSE:SD
|
$519.07 Million |
|
Wam Global Ltd
AU:WGB
|
$519.06 Million |
|
Shanghai Yongli Belting Co Ltd
SHE:300230
|
$518.83 Million |
|
Bhakti Multi Artha Pt
JK:BHAT
|
$518.57 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Yinchuan Xinhua Commercial Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,248,783,919 to 2,244,302,275, a change of -4,481,644 (-0.2%).
- Net income of 74,489,303 contributed positively to equity growth.
- Dividend payments of 103,976,275 reduced retained earnings.
- Other factors increased equity by 25,005,328.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥74.49 Million | +3.32% |
| Dividends Paid | CN¥103.98 Million | -4.63% |
| Other Changes | CN¥25.01 Million | +1.11% |
| Total Change | CN¥- | -0.20% |
Book Value vs Market Value Analysis
This analysis compares Yinchuan Xinhua Commercial Group 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: 1.13x
- 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 83.72x to 1.13x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1995-12-31 | CN¥0.13 | CN¥11.23 | x |
| 1996-12-31 | CN¥0.24 | CN¥11.23 | x |
| 1997-12-31 | CN¥0.79 | CN¥11.23 | x |
| 1998-12-31 | CN¥0.90 | CN¥11.23 | x |
| 1999-12-31 | CN¥1.22 | CN¥11.23 | x |
| 2000-12-31 | CN¥1.34 | CN¥11.23 | x |
| 2001-12-31 | CN¥2.20 | CN¥11.23 | x |
| 2002-12-31 | CN¥2.32 | CN¥11.23 | x |
| 2003-12-31 | CN¥2.54 | CN¥11.23 | x |
| 2004-12-31 | CN¥2.64 | CN¥11.23 | x |
| 2005-12-31 | CN¥2.76 | CN¥11.23 | x |
| 2006-12-31 | CN¥3.01 | CN¥11.23 | x |
| 2007-12-31 | CN¥3.16 | CN¥11.23 | x |
| 2008-12-31 | CN¥3.31 | CN¥11.23 | x |
| 2009-12-31 | CN¥4.11 | CN¥11.23 | x |
| 2010-12-31 | CN¥4.94 | CN¥11.23 | x |
| 2011-12-31 | CN¥5.86 | CN¥11.23 | x |
| 2012-12-31 | CN¥6.79 | CN¥11.23 | x |
| 2013-12-31 | CN¥7.45 | CN¥11.23 | x |
| 2014-12-31 | CN¥7.71 | CN¥11.23 | x |
| 2015-12-31 | CN¥8.28 | CN¥11.23 | x |
| 2016-12-31 | CN¥8.53 | CN¥11.23 | x |
| 2017-12-31 | CN¥8.74 | CN¥11.23 | x |
| 2018-12-31 | CN¥9.44 | CN¥11.23 | x |
| 2019-12-31 | CN¥10.54 | CN¥11.23 | x |
| 2020-12-31 | CN¥10.40 | CN¥11.23 | x |
| 2021-12-31 | CN¥8.73 | CN¥11.23 | x |
| 2022-12-31 | CN¥8.97 | CN¥11.23 | x |
| 2023-12-31 | CN¥9.52 | CN¥11.23 | x |
| 2024-12-31 | CN¥10.00 | CN¥11.23 | x |
| 2025-12-31 | CN¥9.95 | CN¥11.23 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Yinchuan Xinhua Commercial Group 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): 3.32%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.25%
- • Asset Turnover: 0.72x
- • Equity Multiplier: 3.69x
- Recent ROE (3.32%) is below the historical average (10.12%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1995 | 24.03% | 6.06% | 2.53x | 1.57x | CN¥3.88 Million |
| 1996 | 10.14% | 6.82% | 1.24x | 1.20x | CN¥69.98K |
| 1997 | 12.47% | 36.16% | 0.26x | 1.31x | CN¥4.04 Million |
| 1998 | 12.02% | 11.07% | 0.81x | 1.33x | CN¥3.75 Million |
| 1999 | 8.38% | 8.24% | 0.75x | 1.36x | CN¥-4.06 Million |
| 2000 | 12.62% | 6.87% | 0.99x | 1.85x | CN¥7.23 Million |
| 2001 | 7.85% | 5.78% | 0.85x | 1.61x | CN¥-9.78 Million |
| 2002 | 7.59% | 4.03% | 0.92x | 2.06x | CN¥-11.54 Million |
| 2003 | 7.97% | 3.15% | 1.07x | 2.37x | CN¥-10.60 Million |
| 2004 | 7.70% | 2.62% | 1.26x | 2.34x | CN¥-12.54 Million |
| 2005 | 7.01% | 2.12% | 1.37x | 2.40x | CN¥-17.02 Million |
| 2006 | 8.81% | 2.38% | 1.55x | 2.39x | CN¥-7.43 Million |
| 2007 | 11.61% | 3.04% | 1.89x | 2.02x | CN¥10.61 Million |
| 2008 | 15.86% | 3.83% | 1.92x | 2.16x | CN¥39.90 Million |
| 2009 | 22.40% | 5.93% | 1.81x | 2.09x | CN¥106.14 Million |
| 2010 | 21.06% | 5.40% | 1.77x | 2.20x | CN¥113.02 Million |
| 2011 | 20.83% | 4.77% | 1.92x | 2.27x | CN¥131.18 Million |
| 2012 | 17.21% | 4.04% | 1.75x | 2.44x | CN¥101.45 Million |
| 2013 | 12.21% | 2.86% | 1.67x | 2.56x | CN¥34.26 Million |
| 2014 | 11.28% | 2.84% | 1.72x | 2.30x | CN¥22.03 Million |
| 2015 | 7.37% | 1.85% | 1.70x | 2.35x | CN¥-48.84 Million |
| 2016 | 3.28% | 0.89% | 1.58x | 2.32x | CN¥-128.90 Million |
| 2017 | 5.38% | 1.44% | 1.63x | 2.29x | CN¥-91.86 Million |
| 2018 | 6.46% | 1.80% | 1.54x | 2.32x | CN¥-75.20 Million |
| 2019 | 7.68% | 2.37% | 1.26x | 2.56x | CN¥-54.94 Million |
| 2020 | 1.83% | 0.76% | 0.91x | 2.63x | CN¥-193.57 Million |
| 2021 | 2.64% | 0.90% | 0.70x | 4.19x | CN¥-143.74 Million |
| 2022 | 4.57% | 1.59% | 0.72x | 3.98x | CN¥-111.07 Million |
| 2023 | 6.30% | 2.24% | 0.69x | 4.07x | CN¥-79.80 Million |
| 2024 | 6.00% | 2.21% | 0.73x | 3.70x | CN¥-89.96 Million |
| 2025 | 3.32% | 1.25% | 0.72x | 3.69x | CN¥-149.94 Million |
Industry Comparison
This section compares Yinchuan Xinhua Commercial Group Co Ltd's net assets metrics with peer companies in the Department Stores industry.
Industry Context
- Industry: Department Stores
- Average net assets among peers: $4,085,395,905
- Average return on equity (ROE) among peers: 6.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Yinchuan Xinhua Commercial Group Co Ltd (600785) | CN¥2.00 Billion | 24.03% | 2.88x | $519.09 Million |
| Hefei Department Store Group Co Ltd (000417) | $5.75 Billion | 3.32% | 1.30x | $658.48 Million |
| Changsha Tongcheng Holdings Co Ltd (000419) | $3.79 Billion | 3.96% | 0.57x | $403.28 Million |
| Wushang Group Co Ltd (000501) | $1.33 Billion | 1.96% | 1.24x | $813.58 Million |
| CCOOP Group Co Ltd (000564) | $11.82 Billion | -7.87% | 1.36x | $4.02 Billion |
| Dalian Friendship Group Co Ltd (000679) | $659.87 Million | 8.88% | 0.98x | $344.21 Million |
| Zhongxing Shenyang Commercial Building Group Co Ltd (000715) | $682.33 Million | 7.80% | 0.41x | $428.63 Million |
| Easyhome New Retail Group Co Ltd (000785) | $365.65 Million | 21.62% | 1.92x | $2.08 Billion |
| Beijing Hualian Department Store Co Ltd (000882) | $6.95 Billion | -2.72% | 0.78x | $632.89 Million |
| Guangzhou Grandbuy Co Ltd (002187) | $1.29 Billion | 13.46% | 1.59x | $575.38 Million |
| Better Life Commercial Chain Share Co Ltd (002251) | $8.22 Billion | 14.74% | 1.69x | $1.40 Billion |
About Yinchuan Xinhua Commercial Group Co Ltd
Yinchuan Xinhua Commercial (Group) Co., Ltd. engages in commercial retail, logistics, and commercial property leasing businesses in China. The company operates department stores, shopping malls, supermarket chains, and electronics and telecommunication chains. It offers its products under the Xinbai Department Store, Xinbai Supermarket, and Xinbai Electrical Appliances brand names. The company wa… Read more