Anhui Andeli Department Store Co Ltd
Anhui Anfu Battery Technology Co.,Ltd, together with its subsidiaries, researches, develops, produces, and sells batteries in China and internationally. It offers consumer, commercial small, alkaline, carbon, and other batteries, as well as digital accessories and consumer products. The company is also involved in capital market services; electrical machinery and equipment manufacturing; wholesal… Read more
Anhui Andeli Department Store Co Ltd (603031) - Net Assets
Latest net assets as of September 2025: CN¥4.16 Billion CNY
Based on the latest financial reports, Anhui Andeli Department Store Co Ltd (603031) has net assets worth CN¥4.16 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¥6.90 Billion) and total liabilities (CN¥2.74 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¥4.16 Billion |
| % of Total Assets | 60.26% |
| Annual Growth Rate | 28.1% |
| 5-Year Change | 518.03% |
| 10-Year Change | 1035.41% |
| Growth Volatility | 41.41 |
Anhui Andeli Department Store Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Anhui Andeli Department Store 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 Anhui Andeli Department Store Co Ltd (2011–2024)
The table below shows the annual net assets of Anhui Andeli Department Store Co Ltd from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.79 Billion | -5.04% |
| 2023-12-31 | CN¥3.99 Billion | +41.07% |
| 2022-12-31 | CN¥2.83 Billion | +133.48% |
| 2021-12-31 | CN¥1.21 Billion | +97.59% |
| 2020-12-31 | CN¥613.23 Million | -1.08% |
| 2019-12-31 | CN¥619.90 Million | +2.72% |
| 2018-12-31 | CN¥603.48 Million | -1.01% |
| 2017-12-31 | CN¥609.62 Million | +4.27% |
| 2016-12-31 | CN¥584.63 Million | +75.15% |
| 2015-12-31 | CN¥333.80 Million | +15.86% |
| 2014-12-31 | CN¥288.10 Million | +14.32% |
| 2013-12-31 | CN¥252.01 Million | +26.81% |
| 2012-12-31 | CN¥198.73 Million | +31.15% |
| 2011-12-31 | CN¥151.52 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Anhui Andeli Department Store 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 1255.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥504.47 Million | 27.48% |
| Common Stock | CN¥211.12 Million | 11.50% |
| Other Components | CN¥1.12 Billion | 61.02% |
| Total Equity | CN¥1.84 Billion | 100.00% |
Anhui Andeli Department Store Co Ltd Competitors by Market Cap
The table below lists competitors of Anhui Andeli Department Store Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Indoritel Makmur Internasional
JK:DNET
|
$1.17 Billion |
|
Guangdong Mingyang Electric Co. Ltd. A
SHE:301291
|
$1.17 Billion |
|
Monarch Casino & Resort Inc
NASDAQ:MCRI
|
$1.17 Billion |
|
Rush Street Interactive Inc
NYSE:RSI
|
$1.17 Billion |
|
Youngone
KO:111770
|
$1.17 Billion |
|
J & J Snack Foods Corp
NASDAQ:JJSF
|
$1.17 Billion |
|
Moneysupermarket.com Group PLC
PINK:MNSKY
|
$1.17 Billion |
|
Ningbo Yunsheng Co Ltd
SHG:600366
|
$1.17 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Anhui Andeli Department Store Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,861,081,464 to 1,835,796,092, a change of -25,285,372 (-1.4%).
- Net income of 168,182,058 contributed positively to equity growth.
- Dividend payments of 139,380,195 reduced retained earnings.
- Other factors decreased equity by 54,087,235.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥168.18 Million | +9.16% |
| Dividends Paid | CN¥139.38 Million | -7.59% |
| Other Changes | CN¥-54.09 Million | -2.95% |
| Total Change | CN¥- | -1.36% |
Book Value vs Market Value Analysis
This analysis compares Anhui Andeli Department Store 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: 5.89x
- 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 28.28x to 5.89x 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¥1.81 | CN¥51.22 | x |
| 2012-12-31 | CN¥2.38 | CN¥51.22 | x |
| 2013-12-31 | CN¥3.01 | CN¥51.22 | x |
| 2014-12-31 | CN¥3.42 | CN¥51.22 | x |
| 2015-12-31 | CN¥3.97 | CN¥51.22 | x |
| 2016-12-31 | CN¥6.23 | CN¥51.22 | x |
| 2017-12-31 | CN¥7.57 | CN¥51.22 | x |
| 2018-12-31 | CN¥5.15 | CN¥51.22 | x |
| 2019-12-31 | CN¥5.53 | CN¥51.22 | x |
| 2020-12-31 | CN¥5.48 | CN¥51.22 | x |
| 2021-12-31 | CN¥5.02 | CN¥51.22 | x |
| 2022-12-31 | CN¥5.07 | CN¥51.22 | x |
| 2023-12-31 | CN¥16.23 | CN¥51.22 | x |
| 2024-12-31 | CN¥8.70 | CN¥51.22 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Anhui Andeli Department Store 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): 9.16%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.63%
- • Asset Turnover: 0.65x
- • Equity Multiplier: 3.90x
- Recent ROE (9.16%) is below the historical average (9.78%), 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 | 28.69% | 4.14% | 1.51x | 4.57x | CN¥28.32 Million |
| 2012 | 23.75% | 4.14% | 1.32x | 4.34x | CN¥27.33 Million |
| 2013 | 21.14% | 4.13% | 1.11x | 4.62x | CN¥28.08 Million |
| 2014 | 12.53% | 2.62% | 1.12x | 4.28x | CN¥7.28 Million |
| 2015 | 13.69% | 3.14% | 1.15x | 3.80x | CN¥12.31 Million |
| 2016 | 7.79% | 2.96% | 1.02x | 2.59x | CN¥-12.91 Million |
| 2017 | 6.34% | 2.27% | 1.08x | 2.60x | CN¥-22.29 Million |
| 2018 | 0.97% | 0.32% | 1.04x | 2.88x | CN¥-54.49 Million |
| 2019 | 2.46% | 0.81% | 1.03x | 2.96x | CN¥-46.71 Million |
| 2020 | -1.07% | -0.37% | 1.05x | 2.74x | CN¥-67.91 Million |
| 2021 | -9.13% | -3.06% | 0.54x | 5.58x | CN¥-107.48 Million |
| 2022 | 14.38% | 2.41% | 0.56x | 10.66x | CN¥24.86 Million |
| 2023 | 6.22% | 2.68% | 0.64x | 3.60x | CN¥-70.28 Million |
| 2024 | 9.16% | 3.63% | 0.65x | 3.90x | CN¥-15.40 Million |
Industry Comparison
This section compares Anhui Andeli Department Store Co Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $2,399,685,798
- Average return on equity (ROE) among peers: -30.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Anhui Andeli Department Store Co Ltd (603031) | CN¥4.16 Billion | 28.69% | 0.66x | $1.17 Billion |
| XJ Electric Co Ltd (000400) | $11.69 Billion | 8.60% | 0.87x | $2.50 Billion |
| Guangdong Macro Co Ltd (000533) | $259.29 Million | -377.39% | 9.44x | $880.32 Million |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.31 Billion | 8.55% | 0.86x | $364.23 Million |
| Huagong Tech Co Ltd (000988) | $3.01 Billion | 5.01% | 0.66x | $9.70 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.62 Billion | 6.74% | 1.87x | $855.32 Million |
| Shijiazhuang Shangtai Technology Co. Ltd. A (001301) | $1.35 Billion | 11.31% | 0.12x | $1.62 Billion |
| Guangdong Xinyaguang Cable Co (001382) | $804.28 Million | 11.99% | 1.13x | $201.71 Million |
| Sieyuan Electric Co Ltd (002028) | $3.44 Billion | 10.09% | 0.45x | $14.61 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $186.07 Million | 7.07% | 0.22x | $217.00 Million |
| Gotion High tech Co Ltd (002074) | $324.01 Million | 7.87% | 0.45x | $5.08 Billion |