Ningbo Zhongbai Co Ltd (600857) - Net Assets

Latest as of September 2025: CN¥890.79 Million CNY ≈ $130.35 Million USD

Based on the latest financial reports, Ningbo Zhongbai Co Ltd (600857) has net assets worth CN¥890.79 Million CNY (≈ $130.35 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¥978.68 Million ≈ $143.21 Million USD) and total liabilities (CN¥87.89 Million ≈ $12.86 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 Ningbo Zhongbai Co Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥890.79 Million
% of Total Assets 91.02%
Annual Growth Rate 5.03%
5-Year Change 56.73%
10-Year Change 36.47%
Growth Volatility 43.33

Ningbo Zhongbai Co Ltd - Net Assets Trend (1994–2024)

This chart illustrates how Ningbo Zhongbai Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Ningbo Zhongbai Co Ltd (600857) total assets for the complete picture of this company's asset base.

Annual Net Assets for Ningbo Zhongbai Co Ltd (1994–2024)

The table below shows the annual net assets of Ningbo Zhongbai Co Ltd from 1994 to 2024. For live valuation and market cap data, see 600857 stock market capitalisation.

Year Net Assets Change
2024-12-31 CN¥831.39 Million
≈ $121.66 Million		 -2.55%
2023-12-31 CN¥853.12 Million
≈ $124.84 Million		 +8.96%
2022-12-31 CN¥782.97 Million
≈ $114.57 Million		 +64.34%
2021-12-31 CN¥476.44 Million
≈ $69.72 Million		 -10.18%
2020-12-31 CN¥530.45 Million
≈ $77.62 Million		 -17.84%
2019-12-31 CN¥645.63 Million
≈ $94.48 Million		 +218.51%
2018-12-31 CN¥202.70 Million
≈ $29.66 Million		 +22.05%
2017-12-31 CN¥166.08 Million
≈ $24.30 Million		 -73.89%
2016-12-31 CN¥636.14 Million
≈ $93.09 Million		 +4.42%
2015-12-31 CN¥609.20 Million
≈ $89.14 Million		 +5.17%
2014-12-31 CN¥579.22 Million
≈ $84.76 Million		 +5.21%
2013-12-31 CN¥550.53 Million
≈ $80.56 Million		 +4.62%
2012-12-31 CN¥526.22 Million
≈ $77.00 Million		 +5.17%
2011-12-31 CN¥500.36 Million
≈ $73.22 Million		 +14.12%
2010-12-31 CN¥438.44 Million
≈ $64.16 Million		 +3.38%
2009-12-31 CN¥424.11 Million
≈ $62.06 Million		 +0.00%
2008-12-31 CN¥424.10 Million
≈ $62.06 Million		 +2.09%
2007-12-31 CN¥415.43 Million
≈ $60.79 Million		 +6.93%
2006-12-31 CN¥388.49 Million
≈ $56.85 Million		 +4.95%
2005-12-31 CN¥370.19 Million
≈ $54.17 Million		 +1.29%
2004-12-31 CN¥365.49 Million
≈ $53.48 Million		 -0.30%
2003-12-31 CN¥366.59 Million
≈ $53.64 Million		 +7.68%
2002-12-31 CN¥340.45 Million
≈ $49.82 Million		 +4.70%
2001-12-31 CN¥325.17 Million
≈ $47.58 Million		 -4.49%
2000-12-31 CN¥340.47 Million
≈ $49.82 Million		 -1.29%
1999-12-31 CN¥344.93 Million
≈ $50.47 Million		 +25.34%
1998-12-31 CN¥275.20 Million
≈ $40.27 Million		 +0.74%
1997-12-31 CN¥273.19 Million
≈ $39.98 Million		 +5.82%
1996-12-31 CN¥258.15 Million
≈ $37.78 Million		 +11.40%
1995-12-31 CN¥231.73 Million
≈ $33.91 Million		 +21.68%
1994-12-31 CN¥190.45 Million
≈ $27.87 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Ningbo Zhongbai 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 2224.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥350.09 Million 42.11%
Common Stock CN¥224.32 Million 26.98%
Other Comprehensive Income CN¥212.07 Million 25.51%
Other Components CN¥44.91 Million 5.40%
Total Equity CN¥831.39 Million 100.00%

Ningbo Zhongbai Co Ltd Competitors by Market Cap

The table below lists competitors of Ningbo Zhongbai Co Ltd ranked by their market capitalization.

Company Market Cap
Strata Critical Medical, Inc.
NASDAQ:SRTA
 $417.35 Million
D.B.Corp Limited
NSE:DBCORP
 $417.56 Million
BRBI BR Partners S.A. ADSs
NASDAQ:BRBI
 $417.62 Million
Suzhou Kelida Bldg &
SHG:603828
 $417.72 Million
PetroChina Jinhong Energy Investment Co Ltd
SHE:000669
 $417.18 Million
Marcus Corporation
NYSE:MCS
 $417.16 Million
Jiangxi Everbright Measurement Cont
SHE:300906
 $417.10 Million
Chengdu Huasun Group Inc Ltd
SHE:000790
 $417.10 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Ningbo Zhongbai Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 853,122,108 to 831,387,326, a change of -21,734,782 (-2.5%).
  • Net loss of 16,056,730 reduced equity.
  • Dividend payments of 19,067,193 reduced retained earnings.
  • Other comprehensive income increased equity by 13,389,142.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-16.06 Million -1.93%
Dividends Paid CN¥19.07 Million -2.29%
Other Comprehensive Income CN¥13.39 Million +1.61%
Other Changes CN¥-1.00 -0.0%
Total Change CN¥- -2.55%

Book Value vs Market Value Analysis

This analysis compares Ningbo Zhongbai 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: 3.43x
  • 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 16.20x to 3.43x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1994-12-31 CN¥0.78 CN¥12.71 x
1995-12-31 CN¥0.95 CN¥12.71 x
1996-12-31 CN¥1.06 CN¥12.71 x
1997-12-31 CN¥1.13 CN¥12.71 x
1998-12-31 CN¥1.13 CN¥12.71 x
1999-12-31 CN¥1.33 CN¥12.71 x
2000-12-31 CN¥1.40 CN¥12.71 x
2001-12-31 CN¥1.33 CN¥12.71 x
2002-12-31 CN¥1.38 CN¥12.71 x
2003-12-31 CN¥1.48 CN¥12.71 x
2004-12-31 CN¥1.47 CN¥12.71 x
2005-12-31 CN¥1.50 CN¥12.71 x
2006-12-31 CN¥1.56 CN¥12.71 x
2007-12-31 CN¥1.81 CN¥12.71 x
2008-12-31 CN¥1.91 CN¥12.71 x
2009-12-31 CN¥1.76 CN¥12.71 x
2010-12-31 CN¥2.03 CN¥12.71 x
2011-12-31 CN¥2.25 CN¥12.71 x
2012-12-31 CN¥2.34 CN¥12.71 x
2013-12-31 CN¥2.45 CN¥12.71 x
2014-12-31 CN¥2.58 CN¥12.71 x
2015-12-31 CN¥2.71 CN¥12.71 x
2016-12-31 CN¥2.83 CN¥12.71 x
2017-12-31 CN¥0.74 CN¥12.71 x
2018-12-31 CN¥0.89 CN¥12.71 x
2019-12-31 CN¥2.88 CN¥12.71 x
2020-12-31 CN¥2.36 CN¥12.71 x
2021-12-31 CN¥2.12 CN¥12.71 x
2022-12-31 CN¥3.49 CN¥12.71 x
2023-12-31 CN¥3.79 CN¥12.71 x
2024-12-31 CN¥3.71 CN¥12.71 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Ningbo Zhongbai 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): -1.93%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -1.94%
  • • Asset Turnover: 0.91x
  • • Equity Multiplier: 1.09x
  • Recent ROE (-1.93%) is below the historical average (-1.23%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1994 9.84% 4.85% 1.33x 1.53x CN¥-313.27K
1995 6.30% 4.14% 0.95x 1.60x CN¥-8.58 Million
1996 5.68% 3.93% 0.99x 1.47x CN¥-11.14 Million
1997 5.39% 4.17% 0.86x 1.51x CN¥-12.58 Million
1998 5.40% 3.02% 1.30x 1.38x CN¥-12.65 Million
1999 15.80% 9.46% 1.20x 1.39x CN¥18.74 Million
2000 9.68% 4.98% 1.45x 1.34x CN¥-1.09 Million
2001 7.25% 3.93% 1.29x 1.43x CN¥-8.87 Million
2002 6.40% 3.48% 1.08x 1.71x CN¥-12.07 Million
2003 6.66% 3.56% 1.17x 1.60x CN¥-11.97 Million
2004 0.62% 0.31% 1.24x 1.63x CN¥-33.51 Million
2005 1.15% 0.54% 1.40x 1.53x CN¥-32.22 Million
2006 1.27% 0.66% 1.26x 1.54x CN¥-32.94 Million
2007 10.12% 4.26% 1.33x 1.79x CN¥490.08K
2008 2.62% 1.14% 1.61x 1.43x CN¥-30.86 Million
2009 2.27% 1.26% 1.32x 1.37x CN¥-32.76 Million
2010 4.43% 2.02% 1.55x 1.42x CN¥-24.43 Million
2011 13.80% 5.76% 1.76x 1.36x CN¥19.00 Million
2012 7.01% 3.12% 1.68x 1.34x CN¥-15.72 Million
2013 6.48% 2.42% 1.99x 1.34x CN¥-19.36 Million
2014 7.14% 3.51% 1.56x 1.31x CN¥-16.54 Million
2015 7.07% 4.00% 1.39x 1.28x CN¥-17.83 Million
2016 6.68% 4.69% 1.10x 1.29x CN¥-21.12 Million
2017 -274.94% -46.70% 1.19x 4.96x CN¥-473.22 Million
2018 18.07% 3.67% 1.21x 4.07x CN¥16.36 Million
2019 6.39% 4.08% 0.73x 2.14x CN¥-23.33 Million
2020 4.24% 3.05% 0.66x 2.10x CN¥-30.54 Million
2021 7.53% 4.30% 0.87x 2.01x CN¥-11.78 Million
2022 46.26% 39.93% 0.94x 1.23x CN¥283.87 Million
2023 7.12% 5.10% 1.17x 1.19x CN¥-24.61 Million
2024 -1.93% -1.94% 0.91x 1.09x CN¥-99.20 Million

Industry Comparison

This section compares Ningbo Zhongbai Co Ltd's net assets metrics with peer companies in the Department Stores industry.

Industry Context

  • Industry: Department Stores
  • Average net assets among peers: $3,423,601,112
  • Average return on equity (ROE) among peers: 9.12%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Ningbo Zhongbai Co Ltd (600857) CN¥890.79 Million 9.84% 0.10x $417.21 Million
Hefei Department Store Group Co Ltd (000417) $678.42 Million 3.74% 0.95x $763.47 Million
Changsha Tongcheng Holdings Co Ltd (000419) $709.40 Million 4.90% 1.19x $463.74 Million
Wushang Group Co Ltd (000501) $1.48 Billion 8.79% 0.63x $942.98 Million
CCOOP Group Co Ltd (000564) $25.85 Billion -17.56% 0.82x $4.62 Billion
Dalian Friendship Group Co Ltd (000679) $740.14 Million 3.92% 1.00x $377.58 Million
Zhongxing Shenyang Commercial Building Group Co Ltd (000715) $883.51 Million 7.10% 0.52x $473.70 Million
Easyhome New Retail Group Co Ltd (000785) $973.21 Million 2.68% 1.96x $2.35 Billion
Beijing Hualian Department Store Co Ltd (000882) $140.55 Million 36.98% 0.74x $660.93 Million
Guangzhou Grandbuy Co Ltd (002187) $2.38 Billion 10.01% 0.90x $634.86 Million
Better Life Commercial Chain Share Co Ltd (002251) $403.01 Million 30.68% 2.74x $1.63 Billion

About Ningbo Zhongbai Co Ltd

SHG:600857 China Department Stores
Market Cap
$417.21 Million
CN¥2.85 Billion CNY
Market Cap Rank
#13479 Global
#4246 in China
Share Price
CN¥12.71
Change (1 day)
+2.75%
52-Week Range
CN¥9.32 - CN¥18.20
All Time High
CN¥21.01
Categories
Companies in China Department Stores
About

Ningbo Zhongbai Co., Ltd. primarily operates department stores in China. The company is also involved in the wholesale, retail, and online sales of gold, jewelry, textiles, clothing, cosmetics, bags, shoes and hats, glasses, daily necessities, handicrafts, toys, cultural, sports goods and equipment, machinery and equipment, hardware and electrical appliances, household appliances, electronic prod… Read more