Wenfeng Great World Chain Development Corp
Wenfeng Great World Chain Development Corporation operates commercial retail chain in China. It primarily operates retail businesses, which includes department stores, supermarkets, and electrical appliances stores and shopping centers. The company also offers catering services; and engages in sale of alcohol, tobacco retail, books, newspapers, and audio-visual products, as well as operates value… Read more
Wenfeng Great World Chain Development Corp (601010) - Net Assets
Latest net assets as of September 2025: CN¥4.27 Billion CNY
Based on the latest financial reports, Wenfeng Great World Chain Development Corp (601010) has net assets worth CN¥4.27 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¥6.29 Billion) and total liabilities (CN¥2.02 Billion). 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¥4.27 Billion |
| % of Total Assets | 67.9% |
| Annual Growth Rate | 14.19% |
| 5-Year Change | -9.01% |
| 10-Year Change | 11.76% |
| Growth Volatility | 50.86 |
Wenfeng Great World Chain Development Corp - Net Assets Trend (2006–2024)
This chart illustrates how Wenfeng Great World Chain Development Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Wenfeng Great World Chain Development Corp (2006–2024)
The table below shows the annual net assets of Wenfeng Great World Chain Development Corp from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.42 Billion | -0.06% |
| 2023-12-31 | CN¥4.43 Billion | +1.79% |
| 2022-12-31 | CN¥4.35 Billion | -9.13% |
| 2021-12-31 | CN¥4.79 Billion | -1.57% |
| 2020-12-31 | CN¥4.86 Billion | +2.15% |
| 2019-12-31 | CN¥4.76 Billion | +5.80% |
| 2018-12-31 | CN¥4.50 Billion | +3.47% |
| 2017-12-31 | CN¥4.35 Billion | +5.33% |
| 2016-12-31 | CN¥4.13 Billion | +4.27% |
| 2015-12-31 | CN¥3.96 Billion | +0.30% |
| 2014-12-31 | CN¥3.95 Billion | +4.74% |
| 2013-12-31 | CN¥3.77 Billion | +3.76% |
| 2012-12-31 | CN¥3.63 Billion | +9.68% |
| 2011-12-31 | CN¥3.31 Billion | +221.82% |
| 2010-12-31 | CN¥1.03 Billion | +17.68% |
| 2009-12-31 | CN¥874.29 Million | +12.02% |
| 2008-12-31 | CN¥780.50 Million | +21.58% |
| 2007-12-31 | CN¥641.96 Million | +58.22% |
| 2006-12-31 | CN¥405.74 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Wenfeng Great World Chain Development Corp'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 626.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.37 Billion | 30.93% |
| Common Stock | CN¥1.85 Billion | 41.70% |
| Other Comprehensive Income | CN¥703.81 Million | 15.88% |
| Other Components | CN¥509.03 Million | 11.49% |
| Total Equity | CN¥4.43 Billion | 100.00% |
Wenfeng Great World Chain Development Corp Competitors by Market Cap
The table below lists competitors of Wenfeng Great World Chain Development Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zydus Wellness Limited
NSE:ZYDUSWELL
|
$418.00 Million |
|
Feitian Technologies Co Ltd
SHE:300386
|
$418.01 Million |
|
Gresgying Digital Energy Technology Co Ltd
SHG:600212
|
$418.02 Million |
|
Shenyang Blue Silver Ind Auto
SHE:300293
|
$418.09 Million |
|
Cannae Holdings Inc
NYSE:CNNE
|
$417.92 Million |
|
Inter & Co Inc
SA:INBR32
|
$417.84 Million |
|
Zhongzhu Medical Holdings Co Ltd
SHG:600568
|
$417.81 Million |
|
Hexatronic Group AB (publ)
PINK:HTROF
|
$417.76 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wenfeng Great World Chain Development Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,447,756,527 to 4,431,584,123, a change of -16,172,404 (-0.4%).
- Net income of 159,088,046 contributed positively to equity growth.
- Dividend payments of 158,727,713 reduced retained earnings.
- Share repurchases of 25,960,280 reduced equity.
- Other comprehensive income increased equity by 703,808,560.
- Other factors decreased equity by 694,381,017.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥159.09 Million | +3.59% |
| Dividends Paid | CN¥158.73 Million | -3.58% |
| Share Repurchases | CN¥25.96 Million | -0.59% |
| Other Comprehensive Income | CN¥703.81 Million | +15.88% |
| Other Changes | CN¥-694.38 Million | -15.67% |
| Total Change | CN¥- | -0.36% |
Book Value vs Market Value Analysis
This analysis compares Wenfeng Great World Chain Development Corp'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 8.39x 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 |
|---|---|---|---|
| 2006-12-31 | CN¥0.29 | CN¥2.41 | x |
| 2007-12-31 | CN¥0.46 | CN¥2.41 | x |
| 2008-12-31 | CN¥0.54 | CN¥2.41 | x |
| 2009-12-31 | CN¥0.61 | CN¥2.41 | x |
| 2010-12-31 | CN¥0.71 | CN¥2.41 | x |
| 2011-12-31 | CN¥1.97 | CN¥2.41 | x |
| 2012-12-31 | CN¥1.98 | CN¥2.41 | x |
| 2013-12-31 | CN¥2.04 | CN¥2.41 | x |
| 2014-12-31 | CN¥2.14 | CN¥2.41 | x |
| 2015-12-31 | CN¥2.16 | CN¥2.41 | x |
| 2016-12-31 | CN¥2.29 | CN¥2.41 | x |
| 2017-12-31 | CN¥2.32 | CN¥2.41 | x |
| 2018-12-31 | CN¥2.42 | CN¥2.41 | x |
| 2019-12-31 | CN¥2.58 | CN¥2.41 | x |
| 2020-12-31 | CN¥2.64 | CN¥2.41 | x |
| 2021-12-31 | CN¥2.62 | CN¥2.41 | x |
| 2022-12-31 | CN¥2.40 | CN¥2.41 | x |
| 2023-12-31 | CN¥2.35 | CN¥2.41 | x |
| 2024-12-31 | CN¥2.51 | CN¥2.41 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wenfeng Great World Chain Development Corp 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): 3.59%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.41%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 1.45x
- Recent ROE (3.59%) is below the historical average (14.45%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 45.15% | 4.67% | 2.68x | 3.61x | CN¥139.86 Million |
| 2007 | 34.34% | 5.29% | 2.32x | 2.80x | CN¥154.53 Million |
| 2008 | 34.77% | 5.85% | 2.48x | 2.40x | CN¥191.70 Million |
| 2009 | 33.75% | 6.00% | 2.17x | 2.59x | CN¥206.11 Million |
| 2010 | 34.53% | 6.31% | 2.06x | 2.66x | CN¥250.62 Million |
| 2011 | 13.12% | 6.73% | 1.22x | 1.60x | CN¥103.12 Million |
| 2012 | 11.53% | 6.51% | 1.00x | 1.78x | CN¥55.44 Million |
| 2013 | 10.21% | 5.36% | 1.03x | 1.85x | CN¥7.99 Million |
| 2014 | 11.24% | 5.69% | 1.14x | 1.73x | CN¥48.92 Million |
| 2015 | 6.49% | 3.56% | 1.04x | 1.75x | CN¥-138.97 Million |
| 2016 | 6.11% | 3.73% | 1.02x | 1.61x | CN¥-160.82 Million |
| 2017 | 6.89% | 4.47% | 1.03x | 1.49x | CN¥-135.35 Million |
| 2018 | 5.37% | 3.80% | 1.01x | 1.40x | CN¥-208.65 Million |
| 2019 | 7.01% | 5.58% | 0.91x | 1.38x | CN¥-142.73 Million |
| 2020 | 5.50% | 11.42% | 0.35x | 1.38x | CN¥-219.09 Million |
| 2021 | 4.93% | 9.56% | 0.34x | 1.54x | CN¥-243.27 Million |
| 2022 | -3.86% | -7.05% | 0.36x | 1.52x | CN¥-605.55 Million |
| 2023 | 3.84% | 7.88% | 0.33x | 1.47x | CN¥-274.20 Million |
| 2024 | 3.59% | 8.41% | 0.29x | 1.45x | CN¥-284.07 Million |
Industry Comparison
This section compares Wenfeng Great World Chain Development Corp's net assets metrics with peer companies in the Department Stores industry.
Industry Context
- Industry: Department Stores
- Average net assets among peers: $4,209,797,796
- Average return on equity (ROE) among peers: 10.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wenfeng Great World Chain Development Corp (601010) | CN¥4.27 Billion | 45.15% | 0.47x | $417.93 Million |
| Hefei Department Store Group Co Ltd (000417) | $3.72 Billion | 9.85% | 1.14x | $183.52 Million |
| Changsha Tongcheng Holdings Co Ltd (000419) | $216.13 Million | 19.44% | 0.56x | $227.08 Million |
| Wushang Group Co Ltd (000501) | $8.25 Billion | 12.73% | 1.77x | $549.14 Million |
| CCOOP Group Co Ltd (000564) | $648.17 Million | 8.80% | 0.99x | $3.83 Billion |
| Dalian Friendship Group Co Ltd (000679) | $2.09 Billion | 2.71% | 3.27x | $232.35 Million |
| Zhongxing Shenyang Commercial Building Group Co Ltd (000715) | $682.33 Million | 7.80% | 0.41x | $199.18 Million |
| Easyhome New Retail Group Co Ltd (000785) | $20.72 Billion | 6.55% | 0.90x | $1.02 Billion |
| Guangzhou Grandbuy Co Ltd (002187) | $3.99 Billion | -3.63% | 1.20x | $406.04 Million |
| Better Life Commercial Chain Share Co Ltd (002251) | $175.99 Million | 42.02% | 3.35x | $1.30 Billion |
| New Huadu Supercenter Co Ltd (002264) | $1.61 Billion | -4.25% | 1.18x | $394.48 Million |