Wenfeng Great World Chain Development Corp (601010) - Net Assets

Latest as of September 2025: CN¥4.27 Billion CNY ≈ $625.31 Million USD

Based on the latest financial reports, Wenfeng Great World Chain Development Corp (601010) has net assets worth CN¥4.27 Billion CNY (≈ $625.31 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¥6.29 Billion ≈ $920.86 Million USD) and total liabilities (CN¥2.02 Billion ≈ $295.55 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 601010 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore total assets of Wenfeng Great World Chain Development Co for the complete picture of this company's asset base.

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. For live valuation and market cap data, see market cap of Wenfeng Great World Chain Development Co.

Year	Net Assets	Change
2024-12-31	CN¥4.42 Billion ≈ $647.42 Million	-0.06%
2023-12-31	CN¥4.43 Billion ≈ $647.80 Million	+1.79%
2022-12-31	CN¥4.35 Billion ≈ $636.42 Million	-9.13%
2021-12-31	CN¥4.79 Billion ≈ $700.40 Million	-1.57%
2020-12-31	CN¥4.86 Billion ≈ $711.56 Million	+2.15%
2019-12-31	CN¥4.76 Billion ≈ $696.59 Million	+5.80%
2018-12-31	CN¥4.50 Billion ≈ $658.38 Million	+3.47%
2017-12-31	CN¥4.35 Billion ≈ $636.27 Million	+5.33%
2016-12-31	CN¥4.13 Billion ≈ $604.05 Million	+4.27%
2015-12-31	CN¥3.96 Billion ≈ $579.29 Million	+0.30%
2014-12-31	CN¥3.95 Billion ≈ $577.55 Million	+4.74%
2013-12-31	CN¥3.77 Billion ≈ $551.43 Million	+3.76%
2012-12-31	CN¥3.63 Billion ≈ $531.43 Million	+9.68%
2011-12-31	CN¥3.31 Billion ≈ $484.53 Million	+221.82%
2010-12-31	CN¥1.03 Billion ≈ $150.56 Million	+17.68%
2009-12-31	CN¥874.29 Million ≈ $127.94 Million	+12.02%
2008-12-31	CN¥780.50 Million ≈ $114.21 Million	+21.58%
2007-12-31	CN¥641.96 Million ≈ $93.94 Million	+58.22%
2006-12-31	CN¥405.74 Million ≈ $59.37 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
BOKU INC. REG S DL-0001 F:B04	$597.76 Million
Hingham Institution for Savings NASDAQ:HIFS	$597.84 Million
Zhejiang Netsun Co Ltd SHE:002095	$597.98 Million
NORVA24 GROUP AB (PUBL.) F:WG0	$598.00 Million
Forum Energy Technologies Inc NYSE:FET	$597.54 Million
Newtechwood Corp SHE:301588	$597.49 Million
Royce Micro Cap Closed Fund NYSE:RMT	$597.45 Million
Matas A/S CO:MATAS	$597.33 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: 0.88x
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 7.70x to 0.88x 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¥2.21	x
2007-12-31	CN¥0.46	CN¥2.21	x
2008-12-31	CN¥0.54	CN¥2.21	x
2009-12-31	CN¥0.61	CN¥2.21	x
2010-12-31	CN¥0.71	CN¥2.21	x
2011-12-31	CN¥1.97	CN¥2.21	x
2012-12-31	CN¥1.98	CN¥2.21	x
2013-12-31	CN¥2.04	CN¥2.21	x
2014-12-31	CN¥2.14	CN¥2.21	x
2015-12-31	CN¥2.16	CN¥2.21	x
2016-12-31	CN¥2.29	CN¥2.21	x
2017-12-31	CN¥2.32	CN¥2.21	x
2018-12-31	CN¥2.42	CN¥2.21	x
2019-12-31	CN¥2.58	CN¥2.21	x
2020-12-31	CN¥2.64	CN¥2.21	x
2021-12-31	CN¥2.62	CN¥2.21	x
2022-12-31	CN¥2.40	CN¥2.21	x
2023-12-31	CN¥2.35	CN¥2.21	x
2024-12-31	CN¥2.51	CN¥2.21	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: $1,784,586,171
Average return on equity (ROE) among peers: 7.52%

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	$597.63 Million
Hefei Department Store Group Co Ltd (000417)	$3.72 Billion	9.85%	1.14x	$763.47 Million
Changsha Tongcheng Holdings Co Ltd (000419)	$895.76 Million	11.76%	2.56x	$463.74 Million
Wushang Group Co Ltd (000501)	$1.56 Billion	15.35%	2.76x	$942.98 Million
CCOOP Group Co Ltd (000564)	$512.88 Million	0.56%	1.27x	$4.62 Billion
Dalian Friendship Group Co Ltd (000679)	$275.21 Million	-13.50%	2.47x	$377.58 Million
Zhongxing Shenyang Commercial Building Group Co Ltd (000715)	$1.22 Billion	7.30%	0.75x	$473.70 Million
Easyhome New Retail Group Co Ltd (000785)	$636.92 Million	1.30%	2.21x	$2.35 Billion
Beijing Hualian Department Store Co Ltd (000882)	$6.26 Billion	1.85%	0.72x	$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 Wenfeng Great World Chain Development Corp

SHG:601010 China Department Stores

Market Cap

$597.63 Million

CN¥4.08 Billion CNY

Market Cap Rank

#11625 Global

#3549 in China

Share Price

CN¥2.21

Change (1 day)

-5.15%

52-Week Range

CN¥2.12 - CN¥3.13

All Time High

CN¥7.56