Qingdao Liqun Department Store Group Co Ltd (601366) - Net Assets

Latest as of March 2026: CN¥4.38 Billion CNY ≈ $640.33 Million USD

Based on the latest financial reports, Qingdao Liqun Department Store Group Co Ltd (601366) has net assets worth CN¥4.38 Billion CNY (≈ $640.33 Million 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¥14.51 Billion ≈ $2.12 Billion USD) and total liabilities (CN¥10.13 Billion ≈ $1.48 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 601366 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥4.38 Billion
% of Total Assets	30.16%
Annual Growth Rate	7.24%
5-Year Change	-10.93%
10-Year Change	47.64%
Growth Volatility	17.65

Qingdao Liqun Department Store Group Co Ltd - Net Assets Trend (2011–2025)

This chart illustrates how Qingdao Liqun Department Store Group Co Ltd's net assets have evolved over time, based on quarterly financial data. See Qingdao Liqun Department Store Group Co defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Qingdao Liqun Department Store Group Co Ltd (2011–2025)

The table below shows the annual net assets of Qingdao Liqun Department Store Group Co Ltd from 2011 to 2025. For live valuation and market cap data, see market value of Qingdao Liqun Department Store Group Co .

Year	Net Assets	Change
2025-12-31	CN¥4.03 Billion ≈ $589.17 Million	-7.28%
2024-12-31	CN¥4.34 Billion ≈ $635.45 Million	+2.60%
2023-12-31	CN¥4.23 Billion ≈ $619.33 Million	-0.43%
2022-12-31	CN¥4.25 Billion ≈ $622.04 Million	-5.96%
2021-12-31	CN¥4.52 Billion ≈ $661.47 Million	-5.16%
2020-12-31	CN¥4.77 Billion ≈ $697.49 Million	+1.78%
2019-12-31	CN¥4.68 Billion ≈ $685.30 Million	+2.47%
2018-12-31	CN¥4.57 Billion ≈ $668.80 Million	+0.73%
2017-12-31	CN¥4.54 Billion ≈ $663.98 Million	+66.39%
2016-12-31	CN¥2.73 Billion ≈ $399.06 Million	+10.50%
2015-12-31	CN¥2.47 Billion ≈ $361.12 Million	+10.55%
2014-12-31	CN¥2.23 Billion ≈ $326.66 Million	+11.56%
2013-12-31	CN¥2.00 Billion ≈ $292.82 Million	+12.98%
2012-12-31	CN¥1.77 Billion ≈ $259.19 Million	+17.04%
2011-12-31	CN¥1.51 Billion ≈ $221.46 Million	--

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 149.3% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥632.35 Million	15.74%
Other Components	CN¥3.39 Billion	84.26%
Total Equity	CN¥4.02 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
Taiyuan Lionhead Cement Co Ltd SHG:600539	$486.00 Million
Soho House & Co Inc. NYSE:SHCO	$486.07 Million
Daou Data Corp KQ:032190	$486.14 Million
Lu Thai Textile Co Ltd SHE:000726	$486.18 Million
Shanghai New Huang Pu Real Estate Co Ltd SHG:600638	$485.80 Million
D I Corp KO:003160	$485.74 Million
Prime Energy PE Ltd TA:PRIM	$485.56 Million
Holtek Semiconductor Inc TW:6202	$485.54 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 2024 to 2025, total equity changed from 4,315,652,648 to 4,017,722,416, a change of -297,930,232 (-6.9%).
Net loss of 321,932,135 reduced equity.
Dividend payments of 167,033,967 reduced retained earnings.
Other factors increased equity by 191,035,870.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥-321.93 Million	-8.01%
Dividends Paid	CN¥167.03 Million	-4.16%
Other Changes	CN¥191.04 Million	+4.75%
Total Change	CN¥-	-6.90%

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: 0.80x
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 1.32x to 0.80x 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¥3.46	x
2012-12-31	CN¥2.60	CN¥3.46	x
2013-12-31	CN¥2.95	CN¥3.46	x
2014-12-31	CN¥3.28	CN¥3.46	x
2015-12-31	CN¥3.58	CN¥3.46	x
2016-12-31	CN¥3.99	CN¥3.46	x
2017-12-31	CN¥5.63	CN¥3.46	x
2018-12-31	CN¥5.20	CN¥3.46	x
2019-12-31	CN¥5.42	CN¥3.46	x
2020-12-31	CN¥5.00	CN¥3.46	x
2021-12-31	CN¥4.47	CN¥3.46	x
2022-12-31	CN¥4.88	CN¥3.46	x
2023-12-31	CN¥2.82	CN¥3.46	x
2024-12-31	CN¥3.17	CN¥3.46	x
2025-12-31	CN¥4.31	CN¥3.46	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): -8.01%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -4.76%
• Asset Turnover: 0.46x
• Equity Multiplier: 3.66x
Recent ROE (-8.01%) is below the historical average (7.31%), 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¥-254.73 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	-4.10%	-2.20%	0.45x	4.14x	CN¥-594.40 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
2025	-8.01%	-4.76%	0.46x	3.66x	CN¥-723.70 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: $1,803,753,330
Average return on equity (ROE) among peers: 10.75%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Qingdao Liqun Department Store Group Co Ltd (601366)	CN¥4.38 Billion	19.44%	2.32x	$485.92 Million
Hefei Department Store Group Co Ltd (000417)	$672.94 Million	7.19%	0.67x	$900.42 Million
Changsha Tongcheng Holdings Co Ltd (000419)	$1.67 Billion	12.96%	1.14x	$371.47 Million
Wushang Group Co Ltd (000501)	$10.81 Billion	2.79%	1.84x	$784.32 Million
CCOOP Group Co Ltd (000564)	$543.52 Million	6.29%	0.80x	$3.86 Billion
Dalian Friendship Group Co Ltd (000679)	$931.02 Million	14.16%	4.22x	$395.32 Million
Zhongxing Shenyang Commercial Building Group Co Ltd (000715)	$682.33 Million	7.80%	0.41x	$374.85 Million
Easyhome New Retail Group Co Ltd (000785)	$203.73 Million	22.29%	1.14x	$1.97 Billion
Beijing Hualian Department Store Co Ltd (000882)	$477.03 Million	-4.94%	2.10x	$532.75 Million
Guangzhou Grandbuy Co Ltd (002187)	$300.21 Million	24.01%	2.03x	$513.84 Million
Better Life Commercial Chain Share Co Ltd (002251)	$1.74 Billion	14.91%	1.97x	$1.51 Billion

About Qingdao Liqun Department Store Group Co Ltd

SHG:601366 China Department Stores

Market Cap

$485.92 Million

CN¥3.32 Billion CNY

Market Cap Rank

#12548 Global

#3705 in China

Share Price

CN¥3.46

Change (1 day)

-0.57%

52-Week Range

CN¥3.46 - CN¥6.04

All Time High

CN¥17.99