Baida Group Co Ltd
Baida Group Co.,Ltd primarily operates department stores under the Hangzhou Department Store name in China. It is involved in the property leasing and hotel management businesses under the Hangzhou Grand Hotel property; and the provision of property services, and cultural industries businesses. The company operates and manages the Hangzhou Collectibles Market, as well as invests in commercial rea… Read more
Baida Group Co Ltd (600865) - Net Assets
Latest net assets as of September 2025: CN¥2.30 Billion CNY
Based on the latest financial reports, Baida Group Co Ltd (600865) has net assets worth CN¥2.30 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¥2.46 Billion) and total liabilities (CN¥159.43 Million). 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¥2.30 Billion |
| % of Total Assets | 93.51% |
| Annual Growth Rate | 6.68% |
| 5-Year Change | 8.49% |
| 10-Year Change | 58.34% |
| Growth Volatility | 12.85 |
Baida Group Co Ltd - Net Assets Trend (1994–2024)
This chart illustrates how Baida Group 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 Baida Group Co Ltd (1994–2024)
The table below shows the annual net assets of Baida Group Co Ltd from 1994 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.34 Billion | +2.10% |
| 2023-12-31 | CN¥2.29 Billion | -3.47% |
| 2022-12-31 | CN¥2.38 Billion | +4.62% |
| 2021-12-31 | CN¥2.27 Billion | +5.21% |
| 2020-12-31 | CN¥2.16 Billion | +13.58% |
| 2019-12-31 | CN¥1.90 Billion | +7.33% |
| 2018-12-31 | CN¥1.77 Billion | +4.69% |
| 2017-12-31 | CN¥1.69 Billion | -0.97% |
| 2016-12-31 | CN¥1.71 Billion | +15.48% |
| 2015-12-31 | CN¥1.48 Billion | +10.51% |
| 2014-12-31 | CN¥1.34 Billion | +9.67% |
| 2013-12-31 | CN¥1.22 Billion | -16.18% |
| 2012-12-31 | CN¥1.46 Billion | -13.14% |
| 2011-12-31 | CN¥1.68 Billion | +52.92% |
| 2010-12-31 | CN¥1.10 Billion | +23.24% |
| 2009-12-31 | CN¥889.29 Million | +13.18% |
| 2008-12-31 | CN¥785.70 Million | +2.71% |
| 2007-12-31 | CN¥764.99 Million | +8.04% |
| 2006-12-31 | CN¥708.05 Million | +1.13% |
| 2005-12-31 | CN¥700.16 Million | +1.01% |
| 2004-12-31 | CN¥693.18 Million | +1.49% |
| 2003-12-31 | CN¥683.01 Million | +2.69% |
| 2002-12-31 | CN¥665.14 Million | +0.10% |
| 2001-12-31 | CN¥664.48 Million | -0.14% |
| 2000-12-31 | CN¥665.40 Million | +1.39% |
| 1999-12-31 | CN¥656.25 Million | +0.31% |
| 1998-12-31 | CN¥654.24 Million | +31.16% |
| 1997-12-31 | CN¥498.81 Million | +4.62% |
| 1996-12-31 | CN¥476.77 Million | +13.58% |
| 1995-12-31 | CN¥419.75 Million | +24.58% |
| 1994-12-31 | CN¥336.93 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Baida 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 3086.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.54 Billion | 65.63% |
| Common Stock | CN¥376.24 Million | 16.07% |
| Other Components | CN¥428.42 Million | 18.30% |
| Total Equity | CN¥2.34 Billion | 100.00% |
Baida Group Co Ltd Competitors by Market Cap
The table below lists competitors of Baida Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
John Marshall Bancorp Inc
NASDAQ:JMSB
|
$233.07 Million |
|
Bold Eagle Acquisition Corp. Units
NASDAQ:BEAGU
|
$233.08 Million |
|
TRANSILVANIA INVESTMENTS ALLIANCE S.A.
RO:TRANSI
|
$233.13 Million |
|
Fox-Wizel Ltd
PINK:FXWZF
|
$233.16 Million |
|
Shanxi Tond Chemical Co Ltd
SHE:002360
|
$233.05 Million |
|
Sichuan Haowu Electromechanical Co Ltd
SHE:000757
|
$233.01 Million |
|
SuperAlloy Industrial Co., Ltd.
TW:1563
|
$232.99 Million |
|
Leedarson IoT Technology Inc
SHG:605365
|
$232.89 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Baida Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,292,878,900 to 2,341,157,246, a change of 48,278,346 (2.1%).
- Net income of 132,756,095 contributed positively to equity growth.
- Dividend payments of 86,535,272 reduced retained earnings.
- Other comprehensive income decreased equity by 262,681,894.
- Other factors increased equity by 264,739,417.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥132.76 Million | +5.67% |
| Dividends Paid | CN¥86.54 Million | -3.7% |
| Other Comprehensive Income | CN¥-262.68 Million | -11.22% |
| Other Changes | CN¥264.74 Million | +11.31% |
| Total Change | CN¥- | 2.11% |
Book Value vs Market Value Analysis
This analysis compares Baida 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: 1.92x
- 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 13.36x to 1.92x 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¥0.90 | CN¥11.96 | x |
| 1995-12-31 | CN¥1.12 | CN¥11.96 | x |
| 1996-12-31 | CN¥1.28 | CN¥11.96 | x |
| 1997-12-31 | CN¥1.32 | CN¥11.96 | x |
| 1998-12-31 | CN¥1.72 | CN¥11.96 | x |
| 1999-12-31 | CN¥1.73 | CN¥11.96 | x |
| 2000-12-31 | CN¥1.75 | CN¥11.96 | x |
| 2001-12-31 | CN¥1.75 | CN¥11.96 | x |
| 2002-12-31 | CN¥1.77 | CN¥11.96 | x |
| 2003-12-31 | CN¥1.83 | CN¥11.96 | x |
| 2004-12-31 | CN¥1.85 | CN¥11.96 | x |
| 2005-12-31 | CN¥1.87 | CN¥11.96 | x |
| 2006-12-31 | CN¥1.89 | CN¥11.96 | x |
| 2007-12-31 | CN¥2.85 | CN¥11.96 | x |
| 2008-12-31 | CN¥2.37 | CN¥11.96 | x |
| 2009-12-31 | CN¥2.32 | CN¥11.96 | x |
| 2010-12-31 | CN¥2.51 | CN¥11.96 | x |
| 2011-12-31 | CN¥3.12 | CN¥11.96 | x |
| 2012-12-31 | CN¥2.90 | CN¥11.96 | x |
| 2013-12-31 | CN¥3.20 | CN¥11.96 | x |
| 2014-12-31 | CN¥3.53 | CN¥11.96 | x |
| 2015-12-31 | CN¥3.89 | CN¥11.96 | x |
| 2016-12-31 | CN¥4.62 | CN¥11.96 | x |
| 2017-12-31 | CN¥4.54 | CN¥11.96 | x |
| 2018-12-31 | CN¥4.71 | CN¥11.96 | x |
| 2019-12-31 | CN¥5.05 | CN¥11.96 | x |
| 2020-12-31 | CN¥5.74 | CN¥11.96 | x |
| 2021-12-31 | CN¥6.03 | CN¥11.96 | x |
| 2022-12-31 | CN¥6.31 | CN¥11.96 | x |
| 2023-12-31 | CN¥6.09 | CN¥11.96 | x |
| 2024-12-31 | CN¥6.22 | CN¥11.96 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Baida 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): 5.67%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 68.28%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 1.10x
- Recent ROE (5.67%) is below the historical average (8.01%), 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 | 14.31% | 5.91% | 1.69x | 1.43x | CN¥14.53 Million |
| 1995 | 11.90% | 5.34% | 1.45x | 1.54x | CN¥7.97 Million |
| 1996 | 11.96% | 6.46% | 1.18x | 1.57x | CN¥9.34 Million |
| 1997 | 11.52% | 6.20% | 1.07x | 1.74x | CN¥7.47 Million |
| 1998 | 10.14% | 6.29% | 0.84x | 1.91x | CN¥929.12K |
| 1999 | 7.57% | 5.93% | 0.59x | 2.16x | CN¥-15.73 Million |
| 2000 | 8.30% | 5.86% | 0.67x | 2.10x | CN¥-11.10 Million |
| 2001 | 6.10% | 3.94% | 0.77x | 2.01x | CN¥-25.57 Million |
| 2002 | 6.20% | 3.62% | 1.30x | 1.31x | CN¥-25.15 Million |
| 2003 | 3.12% | 1.91% | 1.24x | 1.32x | CN¥-47.01 Million |
| 2004 | 3.80% | 2.21% | 1.28x | 1.34x | CN¥-42.96 Million |
| 2005 | 4.08% | 2.18% | 1.36x | 1.38x | CN¥-41.46 Million |
| 2006 | 5.04% | 2.63% | 1.33x | 1.44x | CN¥-35.15 Million |
| 2007 | 9.83% | 4.91% | 1.39x | 1.44x | CN¥-1.31 Million |
| 2008 | 9.71% | 5.82% | 1.31x | 1.28x | CN¥-2.26 Million |
| 2009 | 12.07% | 9.34% | 0.74x | 1.74x | CN¥17.76 Million |
| 2010 | 8.35% | 6.64% | 0.32x | 3.88x | CN¥-15.44 Million |
| 2011 | 6.72% | 6.07% | 0.29x | 3.77x | CN¥-38.44 Million |
| 2012 | 7.92% | 7.10% | 0.25x | 4.41x | CN¥-22.84 Million |
| 2013 | 10.00% | 9.88% | 0.44x | 2.30x | CN¥-53.11K |
| 2014 | 11.63% | 14.79% | 0.57x | 1.39x | CN¥21.79 Million |
| 2015 | 9.51% | 12.75% | 0.62x | 1.21x | CN¥-7.24 Million |
| 2016 | 5.41% | 8.63% | 0.52x | 1.21x | CN¥-78.32 Million |
| 2017 | 2.86% | 5.06% | 0.44x | 1.27x | CN¥-120.74 Million |
| 2018 | 6.58% | 14.34% | 0.39x | 1.17x | CN¥-60.60 Million |
| 2019 | 10.79% | 22.35% | 0.41x | 1.19x | CN¥15.07 Million |
| 2020 | 14.03% | 124.06% | 0.09x | 1.21x | CN¥86.98 Million |
| 2021 | 4.96% | 42.35% | 0.10x | 1.16x | CN¥-114.34 Million |
| 2022 | 7.57% | 79.15% | 0.08x | 1.13x | CN¥-57.76 Million |
| 2023 | 0.59% | 6.26% | 0.09x | 1.11x | CN¥-215.72 Million |
| 2024 | 5.67% | 68.28% | 0.08x | 1.10x | CN¥-101.36 Million |
Industry Comparison
This section compares Baida 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: $1,108,789,683
- Average return on equity (ROE) among peers: 12.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Baida Group Co Ltd (600865) | CN¥2.30 Billion | 14.31% | 0.07x | $233.05 Million |
| Hefei Department Store Group Co Ltd (000417) | $881.33 Million | 5.99% | 1.64x | $186.03 Million |
| Changsha Tongcheng Holdings Co Ltd (000419) | $895.76 Million | 11.76% | 2.56x | $228.55 Million |
| Wushang Group Co Ltd (000501) | $351.97 Million | 7.19% | 0.32x | $549.14 Million |
| CCOOP Group Co Ltd (000564) | $592.19 Million | 4.11% | 0.65x | $3.78 Billion |
| Dalian Friendship Group Co Ltd (000679) | $2.09 Billion | 2.71% | 3.27x | $232.02 Million |
| Zhongxing Shenyang Commercial Building Group Co Ltd (000715) | $1.01 Billion | 6.59% | 0.81x | $200.17 Million |
| Easyhome New Retail Group Co Ltd (000785) | $152.21 Million | 30.40% | 1.32x | $997.89 Million |
| Guangzhou Grandbuy Co Ltd (002187) | $3.72 Billion | 7.01% | 1.60x | $414.68 Million |
| Better Life Commercial Chain Share Co Ltd (002251) | $246.97 Million | 35.41% | 3.25x | $1.28 Billion |
| New Huadu Supercenter Co Ltd (002264) | $1.16 Billion | 12.62% | 1.43x | $398.10 Million |