Xinjiang Winka Times Dept (603101) - Net Assets
Based on the latest financial reports, Xinjiang Winka Times Dept (603101) has net assets worth CN¥1.42 Billion CNY (≈ $208.12 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¥4.95 Billion ≈ $724.10 Million USD) and total liabilities (CN¥3.53 Billion ≈ $515.98 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. Read Xinjiang Winka Times Dept debt and liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.42 Billion |
| % of Total Assets | 28.74% |
| Annual Growth Rate | 12.06% |
| 5-Year Change | -0.97% |
| 10-Year Change | 118.08% |
| Growth Volatility | 24.22 |
Xinjiang Winka Times Dept - Net Assets Trend (2011–2024)
This chart illustrates how Xinjiang Winka Times Dept's net assets have evolved over time, based on quarterly financial data. Also explore Xinjiang Winka Times Dept (603101) total assets for the complete picture of this company's asset base.
Annual Net Assets for Xinjiang Winka Times Dept (2011–2024)
The table below shows the annual net assets of Xinjiang Winka Times Dept from 2011 to 2024. For live valuation and market cap data, see 603101 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.38 Billion ≈ $202.47 Million |
-4.96% |
| 2023-12-31 | CN¥1.46 Billion ≈ $213.03 Million |
+12.60% |
| 2022-12-31 | CN¥1.29 Billion ≈ $189.19 Million |
-10.79% |
| 2021-12-31 | CN¥1.45 Billion ≈ $212.08 Million |
+3.73% |
| 2020-12-31 | CN¥1.40 Billion ≈ $204.45 Million |
+1.24% |
| 2019-12-31 | CN¥1.38 Billion ≈ $201.95 Million |
+3.05% |
| 2018-12-31 | CN¥1.34 Billion ≈ $195.97 Million |
+3.57% |
| 2017-12-31 | CN¥1.29 Billion ≈ $189.22 Million |
+6.83% |
| 2016-12-31 | CN¥1.21 Billion ≈ $177.12 Million |
+90.77% |
| 2015-12-31 | CN¥634.46 Million ≈ $92.84 Million |
+13.95% |
| 2014-12-31 | CN¥556.79 Million ≈ $81.48 Million |
+16.65% |
| 2013-12-31 | CN¥477.30 Million ≈ $69.84 Million |
+19.31% |
| 2012-12-31 | CN¥400.06 Million ≈ $58.54 Million |
+27.11% |
| 2011-12-31 | CN¥314.73 Million ≈ $46.05 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Xinjiang Winka Times Dept'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 455.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥600.26 Million | 43.38% |
| Common Stock | CN¥470.40 Million | 34.00% |
| Other Comprehensive Income | CN¥120.28 Million | 8.69% |
| Other Components | CN¥192.68 Million | 13.93% |
| Total Equity | CN¥1.38 Billion | 100.00% |
Xinjiang Winka Times Dept Competitors by Market Cap
The table below lists competitors of Xinjiang Winka Times Dept ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
New Trend International Logis-Tech Co Ltd
SHE:300532
|
$761.39 Million |
|
LiJiang YuLong Tourism Co Ltd
SHE:002033
|
$761.46 Million |
|
Nantong Xingqiu Graphite Co. Ltd. A
SHG:688633
|
$761.58 Million |
|
OCI NV
AS:OCI
|
$761.80 Million |
|
LOGAN GROUP HD -10
F:5LP
|
$761.17 Million |
|
Danel (Adir Yeoshua) Ltd
TA:DANE
|
$761.14 Million |
|
Kyung Dong Navien Co Ltd
KO:009450
|
$761.04 Million |
|
GHT Co Ltd Class A
SHE:300711
|
$760.95 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Xinjiang Winka Times Dept's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,459,078,442 to 1,383,620,767, a change of -75,457,675 (-5.2%).
- Net income of 58,362,211 contributed positively to equity growth.
- Dividend payments of 156,795,914 reduced retained earnings.
- Share repurchases of 9,816,675 reduced equity.
- Other comprehensive income increased equity by 120,279,424.
- Other factors decreased equity by 87,486,721.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥58.36 Million | +4.22% |
| Dividends Paid | CN¥156.80 Million | -11.33% |
| Share Repurchases | CN¥9.82 Million | -0.71% |
| Other Comprehensive Income | CN¥120.28 Million | +8.69% |
| Other Changes | CN¥-87.49 Million | -6.32% |
| Total Change | CN¥- | -5.17% |
Book Value vs Market Value Analysis
This analysis compares Xinjiang Winka Times Dept'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: 3.75x
- 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 12.40x to 3.75x 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¥0.89 | CN¥11.06 | x |
| 2012-12-31 | CN¥1.13 | CN¥11.06 | x |
| 2013-12-31 | CN¥1.35 | CN¥11.06 | x |
| 2014-12-31 | CN¥1.58 | CN¥11.06 | x |
| 2015-12-31 | CN¥1.80 | CN¥11.06 | x |
| 2016-12-31 | CN¥2.81 | CN¥11.06 | x |
| 2017-12-31 | CN¥2.75 | CN¥11.06 | x |
| 2018-12-31 | CN¥3.99 | CN¥11.06 | x |
| 2019-12-31 | CN¥2.93 | CN¥11.06 | x |
| 2020-12-31 | CN¥2.98 | CN¥11.06 | x |
| 2021-12-31 | CN¥3.09 | CN¥11.06 | x |
| 2022-12-31 | CN¥2.76 | CN¥11.06 | x |
| 2023-12-31 | CN¥3.10 | CN¥11.06 | x |
| 2024-12-31 | CN¥2.95 | CN¥11.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Xinjiang Winka Times Dept 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): 4.22%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.42%
- • Asset Turnover: 0.52x
- • Equity Multiplier: 3.35x
- Recent ROE (4.22%) is below the historical average (9.57%), 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 | 27.38% | 5.54% | 1.53x | 3.23x | CN¥54.71 Million |
| 2012 | 21.33% | 4.43% | 1.48x | 3.26x | CN¥45.33 Million |
| 2013 | 18.79% | 3.66% | 1.34x | 3.83x | CN¥41.95 Million |
| 2014 | 19.03% | 4.22% | 1.18x | 3.83x | CN¥50.27 Million |
| 2015 | 16.38% | 3.79% | 1.33x | 3.26x | CN¥40.50 Million |
| 2016 | 7.98% | 3.64% | 1.25x | 1.76x | CN¥-24.43 Million |
| 2017 | 7.90% | 3.37% | 1.24x | 1.89x | CN¥-27.16 Million |
| 2018 | 5.24% | 1.92% | 0.88x | 3.11x | CN¥-63.77 Million |
| 2019 | 2.01% | 0.63% | 1.16x | 2.76x | CN¥-110.23 Million |
| 2020 | 1.16% | 0.76% | 0.53x | 2.91x | CN¥-123.75 Million |
| 2021 | 3.61% | 2.19% | 0.53x | 3.11x | CN¥-92.77 Million |
| 2022 | -12.07% | -8.20% | 0.45x | 3.27x | CN¥-286.01 Million |
| 2023 | 11.07% | 6.48% | 0.58x | 2.93x | CN¥15.61 Million |
| 2024 | 4.22% | 2.42% | 0.52x | 3.35x | CN¥-80.00 Million |
Industry Comparison
This section compares Xinjiang Winka Times Dept's net assets metrics with peer companies in the Department Stores industry.
Industry Context
- Industry: Department Stores
- Average net assets among peers: $3,423,601,112
- Average return on equity (ROE) among peers: 9.12%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Xinjiang Winka Times Dept (603101) | CN¥1.42 Billion | 27.38% | 2.48x | $761.31 Million |
| Hefei Department Store Group Co Ltd (000417) | $678.42 Million | 3.74% | 0.95x | $763.47 Million |
| Changsha Tongcheng Holdings Co Ltd (000419) | $709.40 Million | 4.90% | 1.19x | $463.74 Million |
| Wushang Group Co Ltd (000501) | $1.48 Billion | 8.79% | 0.63x | $942.98 Million |
| CCOOP Group Co Ltd (000564) | $25.85 Billion | -17.56% | 0.82x | $4.62 Billion |
| Dalian Friendship Group Co Ltd (000679) | $740.14 Million | 3.92% | 1.00x | $377.58 Million |
| Zhongxing Shenyang Commercial Building Group Co Ltd (000715) | $883.51 Million | 7.10% | 0.52x | $473.70 Million |
| Easyhome New Retail Group Co Ltd (000785) | $973.21 Million | 2.68% | 1.96x | $2.35 Billion |
| Beijing Hualian Department Store Co Ltd (000882) | $140.55 Million | 36.98% | 0.74x | $660.93 Million |
| Guangzhou Grandbuy Co Ltd (002187) | $2.38 Billion | 10.01% | 0.90x | $634.86 Million |
| Better Life Commercial Chain Share Co Ltd (002251) | $403.01 Million | 30.68% | 2.74x | $1.63 Billion |
About Xinjiang Winka Times Dept
Xinjiang Winka Times Department Store Co.,Ltd. operates as a retail and chain supermarket enterprise in China. The company owns and operates department stores, shopping malls, shopping centers, and independent supermarkets, as well as manages shopping centers and department stores for others. It also engages in leasing of commercial properties and property management, etc. The company was founded… Read more