Qingdao Liqun Department Store Group Co Ltd
Liqun Commercial Group Co.,Ltd. engages in the commercial retail chain business in China. The company operates shopping malls and centers, supermarkets, convenience stores, fresh food community stores, category collection stores, electrical appliances stores, and other offline business formats, as well as online platform for hotels, canteens, restaurants, and large and medium-sized enterprises. I… Read more
Qingdao Liqun Department Store Group Co Ltd (601366) - Net Assets
Latest net assets as of September 2025: CN¥4.14 Billion CNY
Based on the latest financial reports, Qingdao Liqun Department Store Group Co Ltd (601366) has net assets worth CN¥4.14 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¥15.50 Billion) and total liabilities (CN¥11.36 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¥4.14 Billion |
| % of Total Assets | 26.72% |
| Annual Growth Rate | 8.44% |
| 5-Year Change | -8.89% |
| 10-Year Change | 75.96% |
| Growth Volatility | 17.75 |
Qingdao Liqun Department Store Group Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Qingdao Liqun Department Store 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 Qingdao Liqun Department Store Group Co Ltd (2011–2024)
The table below shows the annual net assets of Qingdao Liqun Department Store Group Co Ltd from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.34 Billion | +2.60% |
| 2023-12-31 | CN¥4.23 Billion | -0.43% |
| 2022-12-31 | CN¥4.25 Billion | -5.96% |
| 2021-12-31 | CN¥4.52 Billion | -5.16% |
| 2020-12-31 | CN¥4.77 Billion | +1.78% |
| 2019-12-31 | CN¥4.68 Billion | +2.47% |
| 2018-12-31 | CN¥4.57 Billion | +0.73% |
| 2017-12-31 | CN¥4.54 Billion | +66.39% |
| 2016-12-31 | CN¥2.73 Billion | +10.50% |
| 2015-12-31 | CN¥2.47 Billion | +10.55% |
| 2014-12-31 | CN¥2.23 Billion | +11.56% |
| 2013-12-31 | CN¥2.00 Billion | +12.98% |
| 2012-12-31 | CN¥1.77 Billion | +17.04% |
| 2011-12-31 | CN¥1.51 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Qingdao Liqun Department Store 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 283.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥973.16 Million | 22.55% |
| Common Stock | CN¥913.93 Million | 21.18% |
| Other Components | CN¥2.43 Billion | 56.27% |
| Total Equity | CN¥4.32 Billion | 100.00% |
Qingdao Liqun Department Store Group Co Ltd Competitors by Market Cap
The table below lists competitors of Qingdao Liqun Department Store Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SG Mart Limited
NSE:SGMART
|
$179.22 Million |
|
PROTEAN EGOV TECHNOLOGIES LTD
NSE:PROTEAN
|
$179.24 Million |
|
Talgo S.A.
LSE:0R99
|
$179.27 Million |
|
FOURLIS HLDGS NAM.EO 1
F:2FH
|
$179.31 Million |
|
Higen RNM
KQ:160190
|
$179.16 Million |
|
Alok Industries Limited
NSE:ALOKINDS
|
$179.15 Million |
|
Ellomay Capital Ltd
NYSE MKT:ELLO
|
$179.12 Million |
|
Tong-Tai Machine Tool Co Ltd
TW:4526
|
$179.11 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Qingdao Liqun Department Store Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,198,968,451 to 4,315,652,648, a change of 116,684,197 (2.8%).
- Net income of 27,238,166 contributed positively to equity growth.
- Dividend payments of 201,186,884 reduced retained earnings.
- Share repurchases of 409,464,108 reduced equity.
- Other factors increased equity by 700,097,023.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥27.24 Million | +0.63% |
| Dividends Paid | CN¥201.19 Million | -4.66% |
| Share Repurchases | CN¥409.46 Million | -9.49% |
| Other Changes | CN¥700.10 Million | +16.22% |
| Total Change | CN¥- | 2.78% |
Book Value vs Market Value Analysis
This analysis compares Qingdao Liqun Department Store 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: 0.89x
- 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 1.70x to 0.89x 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¥2.62 | CN¥4.45 | x |
| 2012-12-31 | CN¥2.60 | CN¥4.45 | x |
| 2013-12-31 | CN¥2.95 | CN¥4.45 | x |
| 2014-12-31 | CN¥3.28 | CN¥4.45 | x |
| 2015-12-31 | CN¥3.58 | CN¥4.45 | x |
| 2016-12-31 | CN¥3.99 | CN¥4.45 | x |
| 2017-12-31 | CN¥5.63 | CN¥4.45 | x |
| 2018-12-31 | CN¥5.20 | CN¥4.45 | x |
| 2019-12-31 | CN¥5.43 | CN¥4.45 | x |
| 2020-12-31 | CN¥5.00 | CN¥4.45 | x |
| 2021-12-31 | CN¥4.47 | CN¥4.45 | x |
| 2022-12-31 | CN¥5.05 | CN¥4.45 | x |
| 2023-12-31 | CN¥5.01 | CN¥4.45 | x |
| 2024-12-31 | CN¥5.01 | CN¥4.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Qingdao Liqun Department Store 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): 0.63%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.37%
- • Asset Turnover: 0.46x
- • Equity Multiplier: 3.76x
- Recent ROE (0.63%) is below the historical average (8.41%), 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 | 19.44% | 3.23% | 1.80x | 3.34x | CN¥142.76 Million |
| 2012 | 18.82% | 3.45% | 1.67x | 3.26x | CN¥156.27 Million |
| 2013 | 16.62% | 3.12% | 1.66x | 3.21x | CN¥132.45 Million |
| 2014 | 14.96% | 3.15% | 1.59x | 2.99x | CN¥110.72 Million |
| 2015 | 13.70% | 3.19% | 1.57x | 2.74x | CN¥91.42 Million |
| 2016 | 13.27% | 3.52% | 1.46x | 2.59x | CN¥89.20 Million |
| 2017 | 8.70% | 3.74% | 1.35x | 1.72x | CN¥-59.01 Million |
| 2018 | 4.42% | 1.77% | 0.89x | 2.82x | CN¥-254.76 Million |
| 2019 | 5.72% | 2.15% | 1.03x | 2.57x | CN¥-200.29 Million |
| 2020 | 3.00% | 1.70% | 0.64x | 2.75x | CN¥-333.05 Million |
| 2021 | 1.79% | 0.99% | 0.48x | 3.78x | CN¥-367.89 Million |
| 2022 | -4.11% | -2.20% | 0.45x | 4.14x | CN¥-594.64 Million |
| 2023 | 0.71% | 0.39% | 0.46x | 3.95x | CN¥-390.12 Million |
| 2024 | 0.63% | 0.37% | 0.46x | 3.76x | CN¥-404.33 Million |
Industry Comparison
This section compares Qingdao Liqun Department Store 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: $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 |
|---|---|---|---|---|
| Qingdao Liqun Department Store Group Co Ltd (601366) | CN¥4.14 Billion | 19.44% | 2.74x | $179.21 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 |