Seazen Holdings Co Ltd (601155) - Net Assets
Based on the latest financial reports, Seazen Holdings Co Ltd (601155) has net assets worth CN¥77.58 Billion CNY (≈ $11.35 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥265.24 Billion ≈ $38.81 Billion USD) and total liabilities (CN¥187.67 Billion ≈ $27.46 Billion 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 how tangible is Seazen Holdings Co Ltd's equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥77.58 Billion |
| % of Total Assets | 29.25% |
| Annual Growth Rate | 21.28% |
| 5-Year Change | -20.42% |
| 10-Year Change | 410.9% |
| Growth Volatility | 27.91 |
Seazen Holdings Co Ltd - Net Assets Trend (2011–2025)
This chart illustrates how Seazen Holdings Co Ltd's net assets have evolved over time, based on quarterly financial data. See 601155 days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Seazen Holdings Co Ltd (2011–2025)
The table below shows the annual net assets of Seazen Holdings Co Ltd from 2011 to 2025. For live valuation and market cap data, see how much is Seazen Holdings Co Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥77.53 Billion ≈ $11.35 Billion |
-10.67% |
| 2024-12-31 | CN¥86.79 Billion ≈ $12.70 Billion |
-4.11% |
| 2023-12-31 | CN¥90.51 Billion ≈ $13.24 Billion |
-2.69% |
| 2022-12-31 | CN¥93.01 Billion ≈ $13.61 Billion |
-4.52% |
| 2021-12-31 | CN¥97.42 Billion ≈ $14.26 Billion |
+19.58% |
| 2020-12-31 | CN¥81.47 Billion ≈ $11.92 Billion |
+40.91% |
| 2019-12-31 | CN¥57.82 Billion ≈ $8.46 Billion |
+26.45% |
| 2018-12-31 | CN¥45.72 Billion ≈ $6.69 Billion |
+85.61% |
| 2017-12-31 | CN¥24.63 Billion ≈ $3.60 Billion |
+62.32% |
| 2016-12-31 | CN¥15.18 Billion ≈ $2.22 Billion |
+12.72% |
| 2015-12-31 | CN¥13.46 Billion ≈ $1.97 Billion |
+9.01% |
| 2014-12-31 | CN¥12.35 Billion ≈ $1.81 Billion |
+16.54% |
| 2013-12-31 | CN¥10.60 Billion ≈ $1.55 Billion |
+26.24% |
| 2012-12-31 | CN¥8.40 Billion ≈ $1.23 Billion |
+61.38% |
| 2011-12-31 | CN¥5.20 Billion ≈ $761.21 Million |
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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 1731.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥55.49 Billion | 90.09% |
| Common Stock | CN¥2.26 Billion | 3.66% |
| Other Comprehensive Income | CN¥2.25 Billion | 3.66% |
| Other Components | CN¥1.59 Billion | 2.59% |
| Total Equity | CN¥61.60 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 |
|---|---|
|
Bel Fuse B Inc
NASDAQ:BELFB
|
$3.59 Billion |
|
Orion Corp
KO:271560
|
$3.59 Billion |
|
York Space Systems Inc.
NYSE:YSS
|
$3.59 Billion |
|
Scorpio Tankers Inc.
F:S0QA
|
$3.59 Billion |
|
TUI AG
XETRA:TUI1
|
$3.59 Billion |
|
Brickworks Ltd
AU:BKW
|
$3.59 Billion |
|
Red Rock Resorts Inc
NASDAQ:RRR
|
$3.59 Billion |
|
Heilongjiang Agriculture Co Ltd
SHG:600598
|
$3.58 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 2024 to 2025, total equity changed from 46,353,824,000 to 61,597,827,000, a change of 15,244,003,000 (32.9%).
- Net income of 680,107,000 contributed positively to equity growth.
- Dividend payments of 3,047,391,697 reduced retained earnings.
- Other comprehensive income increased equity by 2,716,419,000.
- Other factors increased equity by 14,894,868,697.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥680.11 Million | +1.1% |
| Dividends Paid | CN¥3.05 Billion | -4.95% |
| Other Comprehensive Income | CN¥2.72 Billion | +4.41% |
| Other Changes | CN¥14.89 Billion | +24.18% |
| Total Change | CN¥- | 32.89% |
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: 0.40x
- 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 19.38x to 0.40x 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¥10.87 | x |
| 2012-12-31 | CN¥1.32 | CN¥10.87 | x |
| 2013-12-31 | CN¥1.19 | CN¥10.87 | x |
| 2014-12-31 | CN¥1.35 | CN¥10.87 | x |
| 2015-12-31 | CN¥1.44 | CN¥10.87 | x |
| 2016-12-31 | CN¥1.63 | CN¥10.87 | x |
| 2017-12-31 | CN¥2.26 | CN¥10.87 | x |
| 2018-12-31 | CN¥3.13 | CN¥10.87 | x |
| 2019-12-31 | CN¥4.24 | CN¥10.87 | x |
| 2020-12-31 | CN¥5.78 | CN¥10.87 | x |
| 2021-12-31 | CN¥6.81 | CN¥10.87 | x |
| 2022-12-31 | CN¥6.90 | CN¥10.87 | x |
| 2023-12-31 | CN¥6.51 | CN¥10.87 | x |
| 2024-12-31 | CN¥6.58 | CN¥10.87 | x |
| 2025-12-31 | CN¥27.17 | CN¥10.87 | 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): 1.10%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.28%
- • Asset Turnover: 0.20x
- • Equity Multiplier: 4.36x
- Recent ROE (1.10%) is below the historical average (24.11%), 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 |
| 2025 | 1.10% | 1.28% | 0.20x | 4.36x | CN¥-5.48 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: $13,842,532,926
- Average return on equity (ROE) among peers: 10.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Seazen Holdings Co Ltd (601155) | CN¥77.58 Billion | 27.89% | 2.42x | $3.59 Billion |
| China Vanke Co Ltd Class A (000002) | $105.44 Billion | 14.34% | 3.54x | $4.35 Billion |
| Shenzhen Zhenye Group Co Ltd (000006) | $13.20 Million | 51.68% | 6.55x | $1.62 Billion |
| Shenzhen Properties & Resources Development Group Ltd (000011) | $474.22 Million | 16.24% | 4.14x | $566.74 Million |
| Shahe Industry Co Ltd (000014) | $240.39 Million | -21.34% | 1.43x | $351.71 Million |
| Grandjoy Holdings Group Co Ltd (000031) | $6.13 Billion | 7.57% | 2.29x | $1.46 Billion |
| China Union Holdings Ltd (000036) | $2.88 Billion | 6.70% | 3.16x | $1.01 Billion |
| Shenzhen Centralcon Investment Holding Co Ltd (000042) | $1.60 Billion | 4.75% | 1.62x | $868.76 Million |
| Shenzhen Wongtee International Enterprise Co Ltd (000056) | $5.55 Billion | 0.90% | 1.24x | $229.54 Million |
| Financial Street Holdings Co Ltd (000402) | $15.94 Billion | 8.57% | 1.66x | $1.17 Billion |
| Chongqing Yukaifa Co Ltd (000514) | $143.24 Million | 12.18% | 2.79x | $485.24 Million |
About Seazen Holdings Co Ltd
Seazen Holdings Co., Ltd engages in the real estate business in China. The company is involved in the operation and management of commercial complexes; development and sales of real estate; and hotel and eldercare businesses. It also provides agency construction services. The company was formerly known as Future Land Holdings Co., Ltd. Seazen Holdings Co., Ltd was founded in 1993 and is headquart… Read more