Yonghui Superstores Co Ltd

SHG:601933 China Department Stores
Market Cap
$4.96 Billion
CN¥36.39 Billion CNY
Market Cap Rank
#4179 Global
#413 in China
Share Price
CN¥4.01
Change (1 day)
-1.23%
52-Week Range
CN¥3.92 - CN¥6.23
All Time High
CN¥11.01
About

Yonghui Superstores Co., Ltd. operates and owns various supermarkets in China. As of December 31, 2024, the company has opened 7 new supermarket stores, closed 232 supermarket stores, and signed 3 new stores.  The company was founded in 2000 and is based in Fuzhou, China.

Yonghui Superstores Co Ltd (601933) - Net Assets

Latest net assets as of September 2025: CN¥3.49 Billion CNY

Based on the latest financial reports, Yonghui Superstores Co Ltd (601933) has net assets worth CN¥3.49 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¥31.62 Billion) and total liabilities (CN¥28.13 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¥3.49 Billion
% of Total Assets 11.04%
Annual Growth Rate 14.44%
5-Year Change -78.77%
10-Year Change -64.75%
Growth Volatility 68.22

Yonghui Superstores Co Ltd - Net Assets Trend (2007–2024)

This chart illustrates how Yonghui Superstores 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 Yonghui Superstores Co Ltd (2007–2024)

The table below shows the annual net assets of Yonghui Superstores Co Ltd from 2007 to 2024.

Year Net Assets Change
2024-12-31 CN¥4.33 Billion -27.05%
2023-12-31 CN¥5.93 Billion -22.49%
2022-12-31 CN¥7.66 Billion -30.88%
2021-12-31 CN¥11.08 Billion -45.68%
2020-12-31 CN¥20.39 Billion -0.30%
2019-12-31 CN¥20.45 Billion +5.26%
2018-12-31 CN¥19.43 Billion -4.78%
2017-12-31 CN¥20.41 Billion +6.06%
2016-12-31 CN¥19.24 Billion +56.67%
2015-12-31 CN¥12.28 Billion +89.99%
2014-12-31 CN¥6.46 Billion +9.28%
2013-12-31 CN¥5.92 Billion +33.76%
2012-12-31 CN¥4.42 Billion +8.58%
2011-12-31 CN¥4.07 Billion +6.69%
2010-12-31 CN¥3.82 Billion +256.68%
2009-12-31 CN¥1.07 Billion +30.23%
2008-12-31 CN¥821.85 Million +88.06%
2007-12-31 CN¥437.02 Million --

Equity Component Analysis

This analysis shows how different components contribute to Yonghui Superstores 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 decreased by 12369.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥9.08 Billion 204.41%
Other Comprehensive Income CN¥29.94 Million 0.67%
Other Components CN¥4.91 Billion 110.57%
Total Equity CN¥4.44 Billion 100.00%

Yonghui Superstores Co Ltd Competitors by Market Cap

The table below lists competitors of Yonghui Superstores Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Yonghui Superstores Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 5,939,070,640 to 4,439,517,489, a change of -1,499,553,151 (-25.2%).
  • Net loss of 1,465,455,919 reduced equity.
  • Dividend payments of 146,759,207 reduced retained earnings.
  • Other comprehensive income increased equity by 24,868,855.
  • Other factors increased equity by 87,793,120.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-1.47 Billion -33.01%
Dividends Paid CN¥146.76 Million -3.31%
Other Comprehensive Income CN¥24.87 Million +0.56%
Other Changes CN¥87.79 Million +1.98%
Total Change CN¥- -25.25%

Book Value vs Market Value Analysis

This analysis compares Yonghui Superstores 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: 8.27x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 48.78x to 8.27x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2007-12-31 CN¥0.08 CN¥4.01 x
2008-12-31 CN¥0.15 CN¥4.01 x
2009-12-31 CN¥0.20 CN¥4.01 x
2010-12-31 CN¥0.72 CN¥4.01 x
2011-12-31 CN¥0.66 CN¥4.01 x
2012-12-31 CN¥0.73 CN¥4.01 x
2013-12-31 CN¥0.94 CN¥4.01 x
2014-12-31 CN¥0.98 CN¥4.01 x
2015-12-31 CN¥1.62 CN¥4.01 x
2016-12-31 CN¥2.16 CN¥4.01 x
2017-12-31 CN¥2.09 CN¥4.01 x
2018-12-31 CN¥1.96 CN¥4.01 x
2019-12-31 CN¥2.06 CN¥4.01 x
2020-12-31 CN¥2.09 CN¥4.01 x
2021-12-31 CN¥1.17 CN¥4.01 x
2022-12-31 CN¥0.83 CN¥4.01 x
2023-12-31 CN¥0.67 CN¥4.01 x
2024-12-31 CN¥0.48 CN¥4.01 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Yonghui Superstores 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): -33.01%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -2.17%
  • • Asset Turnover: 1.58x
  • • Equity Multiplier: 9.63x
  • Recent ROE (-33.01%) is below the historical average (2.95%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2007 30.41% 3.53% 3.91x 2.20x CN¥87.13 Million
2008 26.42% 3.76% 3.11x 2.26x CN¥132.83 Million
2009 24.10% 3.00% 2.67x 3.00x CN¥148.79 Million
2010 8.01% 2.48% 1.86x 1.73x CN¥-75.85 Million
2011 11.48% 2.63% 1.87x 2.33x CN¥60.07 Million
2012 11.37% 2.03% 2.26x 2.47x CN¥60.41 Million
2013 12.19% 2.36% 2.35x 2.20x CN¥129.58 Million
2014 13.23% 2.32% 2.37x 2.40x CN¥207.75 Million
2015 4.95% 1.44% 2.08x 1.66x CN¥-617.44 Million
2016 6.47% 2.52% 1.67x 1.53x CN¥-677.85 Million
2017 9.09% 3.10% 1.78x 1.64x CN¥-182.68 Million
2018 7.65% 2.10% 1.78x 2.05x CN¥-455.14 Million
2019 7.78% 1.84% 1.62x 2.60x CN¥-446.87 Million
2020 9.27% 1.93% 1.66x 2.90x CN¥-140.64 Million
2021 -37.00% -4.33% 1.28x 6.69x CN¥-5.01 Billion
2022 -37.01% -3.07% 1.45x 8.32x CN¥-3.51 Billion
2023 -22.38% -1.69% 1.51x 8.76x CN¥-1.92 Billion
2024 -33.01% -2.17% 1.58x 9.63x CN¥-1.91 Billion

Industry Comparison

This section compares Yonghui Superstores Co Ltd's net assets metrics with peer companies in the Department Stores industry.

Industry Context

  • Industry: Department Stores
  • Average net assets among peers: $1,108,789,683
  • Average return on equity (ROE) among peers: 12.38%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Yonghui Superstores Co Ltd (601933) CN¥3.49 Billion 30.41% 8.06x $2.71 Billion
Hefei Department Store Group Co Ltd (000417) $881.33 Million 5.99% 1.64x $186.03 Million
Changsha Tongcheng Holdings Co Ltd (000419) $895.76 Million 11.76% 2.56x $228.55 Million
Wushang Group Co Ltd (000501) $351.97 Million 7.19% 0.32x $549.14 Million
CCOOP Group Co Ltd (000564) $592.19 Million 4.11% 0.65x $3.78 Billion
Dalian Friendship Group Co Ltd (000679) $2.09 Billion 2.71% 3.27x $232.02 Million
Zhongxing Shenyang Commercial Building Group Co Ltd (000715) $1.01 Billion 6.59% 0.81x $200.17 Million
Easyhome New Retail Group Co Ltd (000785) $152.21 Million 30.40% 1.32x $997.89 Million
Guangzhou Grandbuy Co Ltd (002187) $3.72 Billion 7.01% 1.60x $414.68 Million
Better Life Commercial Chain Share Co Ltd (002251) $246.97 Million 35.41% 3.25x $1.28 Billion
New Huadu Supercenter Co Ltd (002264) $1.16 Billion 12.62% 1.43x $398.10 Million