Zhejiang China Light & Textile Industrial City Group Co Ltd (600790) - Net Assets
Based on the latest financial reports, Zhejiang China Light & Textile Industrial City Group Co Ltd (600790) has net assets worth CN¥6.69 Billion CNY (≈ $979.21 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¥12.94 Billion ≈ $1.89 Billion USD) and total liabilities (CN¥6.25 Billion ≈ $914.56 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 Zhejiang China Light & Textile Industria (600790) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥6.69 Billion |
| % of Total Assets | 51.71% |
| Annual Growth Rate | 15.52% |
| 5-Year Change | 12.99% |
| 10-Year Change | 76.9% |
| Growth Volatility | 39.54 |
Zhejiang China Light & Textile Industrial City Group Co Ltd - Net Assets Trend (1993–2024)
This chart illustrates how Zhejiang China Light & Textile Industrial City Group Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 600790 total asset value for the complete picture of this company's asset base.
Annual Net Assets for Zhejiang China Light & Textile Industrial City Group Co Ltd (1993–2024)
The table below shows the annual net assets of Zhejiang China Light & Textile Industrial City Group Co Ltd from 1993 to 2024. For live valuation and market cap data, see Zhejiang China Light & Textile Industria market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥6.57 Billion ≈ $961.31 Million |
+5.17% |
| 2023-12-31 | CN¥6.25 Billion ≈ $914.09 Million |
-1.75% |
| 2022-12-31 | CN¥6.36 Billion ≈ $930.39 Million |
+7.38% |
| 2021-12-31 | CN¥5.92 Billion ≈ $866.47 Million |
+1.84% |
| 2020-12-31 | CN¥5.81 Billion ≈ $850.82 Million |
-2.70% |
| 2019-12-31 | CN¥5.98 Billion ≈ $874.45 Million |
+8.06% |
| 2018-12-31 | CN¥5.53 Billion ≈ $809.24 Million |
+8.99% |
| 2017-12-31 | CN¥5.07 Billion ≈ $742.49 Million |
+6.97% |
| 2016-12-31 | CN¥4.74 Billion ≈ $694.09 Million |
+27.72% |
| 2015-12-31 | CN¥3.71 Billion ≈ $543.43 Million |
+9.04% |
| 2014-12-31 | CN¥3.41 Billion ≈ $498.36 Million |
+5.82% |
| 2013-12-31 | CN¥3.22 Billion ≈ $470.94 Million |
+6.07% |
| 2012-12-31 | CN¥3.03 Billion ≈ $444.00 Million |
+113.16% |
| 2011-12-31 | CN¥1.42 Billion ≈ $208.29 Million |
+9.81% |
| 2010-12-31 | CN¥1.30 Billion ≈ $189.68 Million |
-4.27% |
| 2009-12-31 | CN¥1.35 Billion ≈ $198.15 Million |
+9.68% |
| 2008-12-31 | CN¥1.23 Billion ≈ $180.66 Million |
+2.40% |
| 2007-12-31 | CN¥1.21 Billion ≈ $176.43 Million |
+9.49% |
| 2006-12-31 | CN¥1.10 Billion ≈ $161.14 Million |
-11.92% |
| 2005-12-31 | CN¥1.25 Billion ≈ $182.94 Million |
+3.56% |
| 2004-12-31 | CN¥1.21 Billion ≈ $176.66 Million |
+3.58% |
| 2003-12-31 | CN¥1.17 Billion ≈ $170.55 Million |
+1.77% |
| 2002-12-31 | CN¥1.15 Billion ≈ $167.59 Million |
+1.18% |
| 2001-12-31 | CN¥1.13 Billion ≈ $165.65 Million |
-2.81% |
| 2000-12-31 | CN¥1.16 Billion ≈ $170.44 Million |
+67.03% |
| 1999-12-31 | CN¥697.35 Million ≈ $102.04 Million |
+4.70% |
| 1998-12-31 | CN¥666.03 Million ≈ $97.46 Million |
+74.09% |
| 1997-12-31 | CN¥382.58 Million ≈ $55.98 Million |
+185.30% |
| 1996-12-31 | CN¥134.09 Million ≈ $19.62 Million |
+26.40% |
| 1995-12-31 | CN¥106.09 Million ≈ $15.52 Million |
+6.22% |
| 1994-12-31 | CN¥99.88 Million ≈ $14.62 Million |
+33.00% |
| 1993-12-31 | CN¥75.10 Million ≈ $10.99 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Zhejiang China Light & Textile Industrial City 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 301983700000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥3.02 Billion | 48.77% |
| Common Stock | CN¥1.47 Billion | 23.67% |
| Other Comprehensive Income | CN¥1.31 Billion | 21.17% |
| Other Components | CN¥395.69 Million | 6.39% |
| Total Equity | CN¥6.19 Billion | 100.00% |
Zhejiang China Light & Textile Industrial City Group Co Ltd Competitors by Market Cap
The table below lists competitors of Zhejiang China Light & Textile Industrial City Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jiangsu Baichuan HighTech New Materials Co Ltd
SHE:002455
|
$900.89 Million |
|
Ningbo Runhe High-Tech Materials Co Ltd Class A
SHE:300727
|
$900.97 Million |
|
LGI Homes
NASDAQ:LGIH
|
$901.03 Million |
|
R&G PharmaStudies Co. Ltd. A
SHE:301333
|
$901.11 Million |
|
Orient International Enterprise Ltd
SHG:600278
|
$900.78 Million |
|
PT Bukalapak.com
JK:BUKA
|
$900.57 Million |
|
Nanjing Vishee Medical Technology Co Ltd
SHG:688580
|
$900.56 Million |
|
Korea SPAC 3
KQ:222080
|
$900.19 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhejiang China Light & Textile Industrial City Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,989,485,000 to 6,192,173,000, a change of 202,688,000 (3.4%).
- Net income of 140,834,000 contributed positively to equity growth.
- Dividend payments of 236,384,000 reduced retained earnings.
- Other comprehensive income increased equity by 968,432,533.
- Other factors decreased equity by 670,194,533.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥140.83 Million | +2.27% |
| Dividends Paid | CN¥236.38 Million | -3.82% |
| Other Comprehensive Income | CN¥968.43 Million | +15.64% |
| Other Changes | CN¥-670.19 Million | -10.82% |
| Total Change | CN¥- | 3.38% |
Book Value vs Market Value Analysis
This analysis compares Zhejiang China Light & Textile Industrial City 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: 0.96x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 61.84x to 0.96x 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¥0.07 | CN¥4.20 | x |
| 1994-12-31 | CN¥0.09 | CN¥4.20 | x |
| 1995-12-31 | CN¥0.10 | CN¥4.20 | x |
| 1996-12-31 | CN¥0.10 | CN¥4.20 | x |
| 1997-12-31 | CN¥0.33 | CN¥4.20 | x |
| 1998-12-31 | CN¥0.50 | CN¥4.20 | x |
| 1999-12-31 | CN¥0.52 | CN¥4.20 | x |
| 2000-12-31 | CN¥0.92 | CN¥4.20 | x |
| 2001-12-31 | CN¥0.87 | CN¥4.20 | x |
| 2002-12-31 | CN¥0.88 | CN¥4.20 | x |
| 2003-12-31 | CN¥0.88 | CN¥4.20 | x |
| 2004-12-31 | CN¥0.90 | CN¥4.20 | x |
| 2005-12-31 | CN¥0.93 | CN¥4.20 | x |
| 2006-12-31 | CN¥0.90 | CN¥4.20 | x |
| 2007-12-31 | CN¥0.99 | CN¥4.20 | x |
| 2008-12-31 | CN¥1.04 | CN¥4.20 | x |
| 2009-12-31 | CN¥1.18 | CN¥4.20 | x |
| 2010-12-31 | CN¥1.23 | CN¥4.20 | x |
| 2011-12-31 | CN¥1.27 | CN¥4.20 | x |
| 2012-12-31 | CN¥2.60 | CN¥4.20 | x |
| 2013-12-31 | CN¥2.18 | CN¥4.20 | x |
| 2014-12-31 | CN¥2.36 | CN¥4.20 | x |
| 2015-12-31 | CN¥2.51 | CN¥4.20 | x |
| 2016-12-31 | CN¥3.27 | CN¥4.20 | x |
| 2017-12-31 | CN¥3.36 | CN¥4.20 | x |
| 2018-12-31 | CN¥3.65 | CN¥4.20 | x |
| 2019-12-31 | CN¥4.00 | CN¥4.20 | x |
| 2020-12-31 | CN¥3.90 | CN¥4.20 | x |
| 2021-12-31 | CN¥3.97 | CN¥4.20 | x |
| 2022-12-31 | CN¥4.49 | CN¥4.20 | x |
| 2023-12-31 | CN¥4.47 | CN¥4.20 | x |
| 2024-12-31 | CN¥4.40 | CN¥4.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhejiang China Light & Textile Industrial City 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): 2.27%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.83%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 2.10x
- Recent ROE (2.27%) is below the historical average (9.81%), 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 | 17.33% | 180.25% | 0.03x | 3.34x | CN¥5.50 Million |
| 1994 | 25.60% | 111.75% | 0.09x | 2.68x | CN¥15.58 Million |
| 1995 | 36.23% | 101.98% | 0.12x | 3.03x | CN¥27.82 Million |
| 1996 | 46.50% | 82.94% | 0.13x | 4.29x | CN¥41.65 Million |
| 1997 | 19.49% | 56.46% | 0.16x | 2.14x | CN¥34.35 Million |
| 1998 | 14.88% | 28.49% | 0.16x | 3.27x | CN¥26.76 Million |
| 1999 | 13.91% | 9.90% | 0.42x | 3.36x | CN¥22.35 Million |
| 2000 | 7.89% | 8.12% | 0.37x | 2.64x | CN¥-21.36 Million |
| 2001 | -4.86% | -4.49% | 0.38x | 2.81x | CN¥-143.00 Million |
| 2002 | 0.89% | 0.62% | 0.50x | 2.88x | CN¥-88.38 Million |
| 2003 | 0.54% | 0.38% | 0.43x | 3.32x | CN¥-92.49 Million |
| 2004 | 2.15% | 2.10% | 0.27x | 3.84x | CN¥-78.44 Million |
| 2005 | 1.08% | 1.33% | 0.18x | 4.45x | CN¥-91.73 Million |
| 2006 | -8.89% | -9.06% | 0.21x | 4.63x | CN¥-188.72 Million |
| 2007 | 12.17% | 16.27% | 0.20x | 3.67x | CN¥24.81 Million |
| 2008 | 6.35% | 12.47% | 0.14x | 3.60x | CN¥-41.39 Million |
| 2009 | 5.60% | 25.50% | 0.07x | 3.26x | CN¥-56.32 Million |
| 2010 | 3.13% | 12.12% | 0.08x | 3.18x | CN¥-88.86 Million |
| 2011 | 8.68% | 35.71% | 0.10x | 2.53x | CN¥-18.77 Million |
| 2012 | 5.91% | 41.34% | 0.07x | 2.16x | CN¥-127.20 Million |
| 2013 | 11.36% | 53.72% | 0.09x | 2.41x | CN¥43.83 Million |
| 2014 | 9.70% | 40.74% | 0.11x | 2.11x | CN¥-10.15 Million |
| 2015 | 7.97% | 37.37% | 0.11x | 1.90x | CN¥-75.06 Million |
| 2016 | 7.88% | 45.89% | 0.10x | 1.72x | CN¥-100.52 Million |
| 2017 | 7.73% | 41.16% | 0.11x | 1.78x | CN¥-111.47 Million |
| 2018 | 9.59% | 52.43% | 0.09x | 1.93x | CN¥-21.77 Million |
| 2019 | 5.79% | 34.56% | 0.09x | 1.78x | CN¥-246.93 Million |
| 2020 | 6.94% | 48.48% | 0.09x | 1.66x | CN¥-174.78 Million |
| 2021 | 7.43% | 46.59% | 0.10x | 1.58x | CN¥-149.67 Million |
| 2022 | 19.05% | 144.70% | 0.08x | 1.68x | CN¥563.98 Million |
| 2023 | 3.58% | 25.08% | 0.07x | 2.07x | CN¥-384.53 Million |
| 2024 | 2.27% | 14.83% | 0.07x | 2.10x | CN¥-478.38 Million |
Industry Comparison
This section compares Zhejiang China Light & Textile Industrial City Group Co Ltd's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $1,467,598,052
- Average return on equity (ROE) among peers: 3.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang China Light & Textile Industrial City Group Co Ltd (600790) | CN¥6.69 Billion | 17.33% | 0.93x | $900.86 Million |
| Shenzhen SEG Co Ltd (000058) | $2.48 Billion | 1.04% | 1.35x | $1.18 Billion |
| 5I5j Holding Group Co Ltd (000560) | $305.32 Million | -15.39% | 3.29x | $1.02 Billion |
| DongGuan Winnerway Industrial Zone Ltd (000573) | $1.50 Billion | 4.23% | 0.73x | $469.80 Million |
| Beijing Mainstreets Investment (000609) | $1.29 Billion | 9.36% | 0.46x | $631.48 Million |
| Rongfeng Holding Group (000668) | $356.74 Million | 13.23% | 1.51x | $340.58 Million |
| Sanxiang Co Ltd (000863) | $3.01 Billion | 3.47% | 3.47x | $837.95 Million |
| China Merchants Property Operation & Service Co Ltd (001914) | $411.15 Million | 6.55% | 2.24x | $1.58 Billion |
| Shenzhen Worldunion Properties Consultancy Inc (002285) | $3.44 Billion | -9.88% | 0.96x | $909.83 Million |
| Chongqing New Dazheng Property Grp (002968) | $754.94 Million | 13.84% | 0.32x | $407.93 Million |
| Shenzhen SEG Co Ltd (200058) | $1.13 Billion | 12.65% | 0.92x | $56.32 Million |
About Zhejiang China Light & Textile Industrial City Group Co Ltd
Zhejiang China Light&Textile Industrial City Group Co.,Ltd, together with its subsidiary, Shaoxing China Textile City International Logistics Center Co., Ltd., provides property management and leasing services in China. It also provides market leasing, business, and supporting services for the textile fabric trading business. In addition, it engages in investment activities. Zhejiang China Light&… Read more