Anhui Andeli Department Store Co Ltd (603031) - Net Assets
Based on the latest financial reports, Anhui Andeli Department Store Co Ltd (603031) has net assets worth CN¥4.16 Billion CNY (≈ $608.53 Million USD) 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 ≈ $1.01 Billion USD) and total liabilities (CN¥2.74 Billion ≈ $401.33 Million 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 603031 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore Anhui Andeli Department Store Co Ltd assets under control for the complete picture of this company's asset base.
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. For live valuation and market cap data, see 603031 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.79 Billion ≈ $554.59 Million |
-5.04% |
| 2023-12-31 | CN¥3.99 Billion ≈ $584.01 Million |
+41.07% |
| 2022-12-31 | CN¥2.83 Billion ≈ $413.97 Million |
+133.48% |
| 2021-12-31 | CN¥1.21 Billion ≈ $177.31 Million |
+97.59% |
| 2020-12-31 | CN¥613.23 Million ≈ $89.73 Million |
-1.08% |
| 2019-12-31 | CN¥619.90 Million ≈ $90.71 Million |
+2.72% |
| 2018-12-31 | CN¥603.48 Million ≈ $88.31 Million |
-1.01% |
| 2017-12-31 | CN¥609.62 Million ≈ $89.21 Million |
+4.27% |
| 2016-12-31 | CN¥584.63 Million ≈ $85.55 Million |
+75.15% |
| 2015-12-31 | CN¥333.80 Million ≈ $48.84 Million |
+15.86% |
| 2014-12-31 | CN¥288.10 Million ≈ $42.16 Million |
+14.32% |
| 2013-12-31 | CN¥252.01 Million ≈ $36.88 Million |
+26.81% |
| 2012-12-31 | CN¥198.73 Million ≈ $29.08 Million |
+31.15% |
| 2011-12-31 | CN¥151.52 Million ≈ $22.17 Million |
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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 |
|---|---|
|
Xiamen Meiya Pico Information
SHE:300188
|
$1.57 Billion |
|
BlackRock Capital Allocation Trust
NYSE:BCAT
|
$1.57 Billion |
|
Cardinal Energy Ltd
TO:CJ
|
$1.57 Billion |
|
Yantai Dongcheng Pharmaceutical Co Ltd
SHE:002675
|
$1.57 Billion |
|
Beijing Jingwei Hirain Technologies Co. Ltd. A
SHG:688326
|
$1.57 Billion |
|
Ircon International Limited
NSE:IRCON
|
$1.57 Billion |
|
Sunvim Group Co Ltd
SHE:002083
|
$1.57 Billion |
|
Semrush Holdings Inc
NYSE:SEMR
|
$1.57 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: 4.77x
- 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 22.91x to 4.77x 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¥41.50 | x |
| 2012-12-31 | CN¥2.38 | CN¥41.50 | x |
| 2013-12-31 | CN¥3.01 | CN¥41.50 | x |
| 2014-12-31 | CN¥3.42 | CN¥41.50 | x |
| 2015-12-31 | CN¥3.97 | CN¥41.50 | x |
| 2016-12-31 | CN¥6.23 | CN¥41.50 | x |
| 2017-12-31 | CN¥7.57 | CN¥41.50 | x |
| 2018-12-31 | CN¥5.15 | CN¥41.50 | x |
| 2019-12-31 | CN¥5.53 | CN¥41.50 | x |
| 2020-12-31 | CN¥5.48 | CN¥41.50 | x |
| 2021-12-31 | CN¥5.02 | CN¥41.50 | x |
| 2022-12-31 | CN¥5.07 | CN¥41.50 | x |
| 2023-12-31 | CN¥16.23 | CN¥41.50 | x |
| 2024-12-31 | CN¥8.70 | CN¥41.50 | 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: $2,638,100,262
- Average return on equity (ROE) among peers: 8.55%
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 | $1.57 Billion |
| XJ Electric Co Ltd (000400) | $8.35 Billion | 2.39% | 0.75x | $3.75 Billion |
| Guangdong Macro Co Ltd (000533) | $1.10 Billion | 6.75% | 1.20x | $1.28 Billion |
| Foshan Electrical and Lighting Co Ltd (000541) | $2.19 Billion | 10.32% | 0.10x | $1.02 Billion |
| Dongfang Electronics Co Ltd (000682) | $1.57 Billion | 1.57% | 0.53x | $2.56 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $174.25 Million | 22.97% | 1.38x | $834.77 Million |
| Huagong Tech Co Ltd (000988) | $3.26 Billion | 7.06% | 0.72x | $17.59 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $434.81 Million | 6.61% | 1.31x | $1.79 Billion |
| Sieyuan Electric Co Ltd (002028) | $65.21 Million | 33.34% | 0.57x | $22.29 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $183.97 Million | -6.05% | 0.22x | $526.87 Million |
| Gotion High tech Co Ltd (002074) | $9.06 Billion | 0.57% | 1.78x | $9.75 Billion |
About 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