Seazen Holdings Co Ltd
Seazen Holdings Co., Ltd engages in the development and sale of real estate properties in China. The company involved in the development and investment of residential and commercial properties. It also engages in the property leasing and management business. The company was formerly known as Future Land Holdings Co., Ltd. Seazen Holdings Co., Ltd was founded in 1993 and is headquartered in Shangh… Read more
Seazen Holdings Co Ltd (601155) - Net Assets
Latest net assets as of June 2025: CN¥80.70 Billion CNY
Based on the latest financial reports, Seazen Holdings Co Ltd (601155) has net assets worth CN¥80.70 Billion CNY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥291.18 Billion) and total liabilities (CN¥210.48 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¥80.70 Billion |
| % of Total Assets | 27.71% |
| Annual Growth Rate | 24.17% |
| 5-Year Change | 6.53% |
| 10-Year Change | 544.64% |
| Growth Volatility | 27.17 |
Seazen Holdings Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Seazen Holdings 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 Seazen Holdings Co Ltd (2011–2024)
The table below shows the annual net assets of Seazen Holdings Co Ltd from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥86.79 Billion | -4.11% |
| 2023-12-31 | CN¥90.51 Billion | -2.69% |
| 2022-12-31 | CN¥93.01 Billion | -4.52% |
| 2021-12-31 | CN¥97.42 Billion | +19.58% |
| 2020-12-31 | CN¥81.47 Billion | +40.91% |
| 2019-12-31 | CN¥57.82 Billion | +26.45% |
| 2018-12-31 | CN¥45.72 Billion | +85.61% |
| 2017-12-31 | CN¥24.63 Billion | +62.32% |
| 2016-12-31 | CN¥15.18 Billion | +12.72% |
| 2015-12-31 | CN¥13.46 Billion | +9.01% |
| 2014-12-31 | CN¥12.35 Billion | +16.54% |
| 2013-12-31 | CN¥10.60 Billion | +26.24% |
| 2012-12-31 | CN¥8.40 Billion | +61.38% |
| 2011-12-31 | CN¥5.20 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Seazen Holdings 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 1346.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥43.85 Billion | 94.59% |
| Common Stock | CN¥5.82 Million | 0.01% |
| Other Comprehensive Income | CN¥-461.43 Million | -1.00% |
| Other Components | CN¥2.96 Billion | 6.39% |
| Total Equity | CN¥46.35 Billion | 100.00% |
Seazen Holdings Co Ltd Competitors by Market Cap
The table below lists competitors of Seazen Holdings Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Albany International Corporation
NYSE:AIN
|
$1.50 Billion |
|
StarPower Semiconductor Ltd
SHG:603290
|
$1.50 Billion |
|
Guangdong Zhongsheng Pharmaceutical Co Ltd
SHE:002317
|
$1.50 Billion |
|
Zhongrun Resources Investment
SHE:000506
|
$1.50 Billion |
|
Sims Limited
PINK:SMUPF
|
$1.50 Billion |
|
PPB Group Bhd
KLSE:4065
|
$1.50 Billion |
|
Alexander & Baldwin Holdings Inc
NYSE:ALEX
|
$1.50 Billion |
|
YTL Corporation Berhad
PINK:YTLCF
|
$1.50 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Seazen Holdings Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 45,871,995,000 to 46,353,824,000, a change of 481,829,000 (1.1%).
- Net income of 752,393,000 contributed positively to equity growth.
- Dividend payments of 3,381,973,724 reduced retained earnings.
- Other comprehensive income increased equity by 37,917,000.
- Other factors increased equity by 3,073,492,724.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥752.39 Million | +1.62% |
| Dividends Paid | CN¥3.38 Billion | -7.3% |
| Other Comprehensive Income | CN¥37.92 Million | +0.08% |
| Other Changes | CN¥3.07 Billion | +6.63% |
| Total Change | CN¥- | 1.05% |
Book Value vs Market Value Analysis
This analysis compares Seazen Holdings 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: 2.27x
- 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 26.68x to 2.27x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥0.56 | CN¥14.97 | x |
| 2012-12-31 | CN¥1.32 | CN¥14.97 | x |
| 2013-12-31 | CN¥1.19 | CN¥14.97 | x |
| 2014-12-31 | CN¥1.35 | CN¥14.97 | x |
| 2015-12-31 | CN¥1.44 | CN¥14.97 | x |
| 2016-12-31 | CN¥1.63 | CN¥14.97 | x |
| 2017-12-31 | CN¥2.26 | CN¥14.97 | x |
| 2018-12-31 | CN¥3.13 | CN¥14.97 | x |
| 2019-12-31 | CN¥4.24 | CN¥14.97 | x |
| 2020-12-31 | CN¥5.78 | CN¥14.97 | x |
| 2021-12-31 | CN¥6.81 | CN¥14.97 | x |
| 2022-12-31 | CN¥6.90 | CN¥14.97 | x |
| 2023-12-31 | CN¥6.51 | CN¥14.97 | x |
| 2024-12-31 | CN¥6.58 | CN¥14.97 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Seazen Holdings 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): 1.62%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.85%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 6.67x
- Recent ROE (1.62%) is below the historical average (25.76%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 27.89% | 8.24% | 0.29x | 11.60x | CN¥568.90 Million |
| 2012 | 16.19% | 5.31% | 0.43x | 7.10x | CN¥355.71 Million |
| 2013 | 14.60% | 4.72% | 0.44x | 7.02x | CN¥309.10 Million |
| 2014 | 15.27% | 5.65% | 0.39x | 7.02x | CN¥402.81 Million |
| 2015 | 22.47% | 7.79% | 0.33x | 8.67x | CN¥1.02 Billion |
| 2016 | 32.69% | 10.79% | 0.27x | 11.36x | CN¥2.10 Billion |
| 2017 | 47.17% | 14.88% | 0.21x | 14.82x | CN¥4.75 Billion |
| 2018 | 54.78% | 19.38% | 0.16x | 17.59x | CN¥8.58 Billion |
| 2019 | 50.63% | 14.74% | 0.18x | 18.74x | CN¥10.15 Billion |
| 2020 | 42.65% | 10.49% | 0.27x | 15.22x | CN¥11.68 Billion |
| 2021 | 29.88% | 7.49% | 0.31x | 12.81x | CN¥8.38 Billion |
| 2022 | 3.11% | 1.21% | 0.25x | 10.36x | CN¥-3.08 Billion |
| 2023 | 1.61% | 0.62% | 0.32x | 8.22x | CN¥-3.85 Billion |
| 2024 | 1.62% | 0.85% | 0.29x | 6.67x | CN¥-3.88 Billion |
Industry Comparison
This section compares Seazen Holdings Co Ltd's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $2,460,448,851
- Average return on equity (ROE) among peers: 7.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Seazen Holdings Co Ltd (601155) | CN¥80.70 Billion | 27.89% | 2.61x | $1.50 Billion |
| China Vanke Co Ltd Class A (000002) | $930.31 Million | 16.68% | 1.30x | $5.20 Billion |
| Shenzhen Zhenye Group Co Ltd (000006) | $1.14 Billion | 10.26% | 1.53x | $1.06 Billion |
| Shenzhen Properties & Resources Development Group Ltd (000011) | $2.92 Billion | 21.32% | 0.85x | $294.24 Million |
| Shahe Industry Co Ltd (000014) | $993.60 Million | 4.93% | 1.56x | $312.36 Million |
| Grandjoy Holdings Group Co Ltd (000031) | $1.05 Billion | 5.59% | 0.57x | $555.97 Million |
| China Union Holdings Ltd (000036) | $5.95 Billion | 0.68% | 0.28x | $353.46 Million |
| Shenzhen Centralcon Investment Holding Co Ltd (000042) | $2.53 Billion | 12.62% | 1.83x | $312.04 Million |
| Financial Street Holdings Co Ltd (000402) | $2.48 Billion | 16.49% | 1.95x | $768.61 Million |
| Chongqing Yukaifa Co Ltd (000514) | $143.24 Million | 12.18% | 2.79x | $208.71 Million |
| Rongan Property Co Ltd (000517) | $6.47 Billion | -26.77% | 1.94x | $209.16 Million |