Beijing Cuiwei Tower Co Ltd
Beijing Cuiwei Tower Co., Ltd., together with its subsidiaries, engages in the operation of department stores and third-party payment related businesses in China. It operates contemporary malls, road stores, and supermarkets. The company was founded in 2003 and is headquartered in Beijing, China.
Beijing Cuiwei Tower Co Ltd (603123) - Net Assets
Latest net assets as of September 2025: CN¥1.83 Billion CNY
Based on the latest financial reports, Beijing Cuiwei Tower Co Ltd (603123) has net assets worth CN¥1.83 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¥6.48 Billion) and total liabilities (CN¥4.65 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¥1.83 Billion |
| % of Total Assets | 28.2% |
| Annual Growth Rate | 11.52% |
| 5-Year Change | -40.25% |
| 10-Year Change | -25.89% |
| Growth Volatility | 47.94 |
Beijing Cuiwei Tower Co Ltd - Net Assets Trend (2008–2024)
This chart illustrates how Beijing Cuiwei Tower 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 Beijing Cuiwei Tower Co Ltd (2008–2024)
The table below shows the annual net assets of Beijing Cuiwei Tower Co Ltd from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.15 Billion | -24.63% |
| 2023-12-31 | CN¥2.85 Billion | -17.03% |
| 2022-12-31 | CN¥3.43 Billion | -12.60% |
| 2021-12-31 | CN¥3.93 Billion | +9.31% |
| 2020-12-31 | CN¥3.59 Billion | +10.61% |
| 2019-12-31 | CN¥3.25 Billion | +3.61% |
| 2018-12-31 | CN¥3.13 Billion | +3.49% |
| 2017-12-31 | CN¥3.03 Billion | +2.76% |
| 2016-12-31 | CN¥2.95 Billion | +1.79% |
| 2015-12-31 | CN¥2.90 Billion | +3.54% |
| 2014-12-31 | CN¥2.80 Billion | +64.44% |
| 2013-12-31 | CN¥1.70 Billion | +4.53% |
| 2012-12-31 | CN¥1.63 Billion | +87.85% |
| 2011-12-31 | CN¥866.17 Million | +169.15% |
| 2010-12-31 | CN¥321.82 Million | +4.78% |
| 2009-12-31 | CN¥307.13 Million | -18.07% |
| 2008-12-31 | CN¥374.86 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Beijing Cuiwei Tower 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 558.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥798.74 Million | 37.34% |
| Other Comprehensive Income | CN¥190.97 Million | 8.93% |
| Other Components | CN¥1.98 Billion | 92.76% |
| Total Equity | CN¥2.14 Billion | 100.00% |
Beijing Cuiwei Tower Co Ltd Competitors by Market Cap
The table below lists competitors of Beijing Cuiwei Tower Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Xinjiang Qingsong Building Materials and Chemicals Group Co Ltd
SHG:600425
|
$619.45 Million |
|
ROMANDE ENERGIE SA
SW:REHN
|
$619.59 Million |
|
Arafura Rare EARTHS Ltd
AU:ARU
|
$619.60 Million |
|
AcadeMedia AB (publ)
ST:ACAD
|
$620.06 Million |
|
First Hi-tec Enterprise Co Ltd
TWO:5439
|
$619.12 Million |
|
China High-Speed Railway Technology
SHE:000008
|
$619.07 Million |
|
Unipar Carbocloro S.A
SA:UNIP3
|
$618.91 Million |
|
Beijing Caishikou Department Store Co Ltd
SHG:605599
|
$618.89 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Beijing Cuiwei Tower Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,828,908,616 to 2,138,817,023, a change of -690,091,593 (-24.4%).
- Net loss of 686,817,531 reduced equity.
- Dividend payments of 54,806,312 reduced retained earnings.
- Share repurchases of 1,384 reduced equity.
- Other comprehensive income increased equity by 171,873,941.
- Other factors decreased equity by 120,340,306.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-686.82 Million | -32.11% |
| Dividends Paid | CN¥54.81 Million | -2.56% |
| Share Repurchases | CN¥1.38K | -0.0% |
| Other Comprehensive Income | CN¥171.87 Million | +8.04% |
| Other Changes | CN¥-120.34 Million | -5.63% |
| Total Change | CN¥- | -24.39% |
Book Value vs Market Value Analysis
This analysis compares Beijing Cuiwei Tower 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: 4.64x
- 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 5.29x to 4.64x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | CN¥2.49 | CN¥13.16 | x |
| 2009-12-31 | CN¥2.03 | CN¥13.16 | x |
| 2010-12-31 | CN¥2.10 | CN¥13.16 | x |
| 2011-12-31 | CN¥5.03 | CN¥13.16 | x |
| 2012-12-31 | CN¥5.68 | CN¥13.16 | x |
| 2013-12-31 | CN¥5.45 | CN¥13.16 | x |
| 2014-12-31 | CN¥5.87 | CN¥13.16 | x |
| 2015-12-31 | CN¥5.55 | CN¥13.16 | x |
| 2016-12-31 | CN¥5.50 | CN¥13.16 | x |
| 2017-12-31 | CN¥5.85 | CN¥13.16 | x |
| 2018-12-31 | CN¥5.92 | CN¥13.16 | x |
| 2019-12-31 | CN¥6.19 | CN¥13.16 | x |
| 2020-12-31 | CN¥8.53 | CN¥13.16 | x |
| 2021-12-31 | CN¥4.95 | CN¥13.16 | x |
| 2022-12-31 | CN¥4.27 | CN¥13.16 | x |
| 2023-12-31 | CN¥3.53 | CN¥13.16 | x |
| 2024-12-31 | CN¥2.83 | CN¥13.16 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Beijing Cuiwei Tower 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): -32.11%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -30.81%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 3.00x
- Recent ROE (-32.11%) is below the historical average (6.56%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 36.21% | 4.96% | 1.94x | 3.76x | CN¥97.65 Million |
| 2009 | 32.49% | 3.25% | 1.93x | 5.18x | CN¥68.17 Million |
| 2010 | 32.79% | 2.70% | 2.14x | 5.66x | CN¥72.38 Million |
| 2011 | 15.31% | 2.74% | 1.60x | 3.49x | CN¥45.58 Million |
| 2012 | 9.15% | 2.99% | 1.44x | 2.12x | CN¥-13.73 Million |
| 2013 | 11.37% | 2.80% | 2.09x | 1.95x | CN¥23.17 Million |
| 2014 | 5.96% | 2.70% | 1.31x | 1.68x | CN¥-112.36 Million |
| 2015 | 5.76% | 2.88% | 1.18x | 1.70x | CN¥-122.14 Million |
| 2016 | 3.82% | 2.08% | 1.05x | 1.75x | CN¥-181.35 Million |
| 2017 | 4.79% | 2.84% | 0.99x | 1.69x | CN¥-157.18 Million |
| 2018 | 5.57% | 3.49% | 0.90x | 1.78x | CN¥-138.67 Million |
| 2019 | 7.42% | 3.03% | 1.47x | 1.66x | CN¥-83.89 Million |
| 2020 | 2.28% | 1.99% | 0.58x | 1.97x | CN¥-275.50 Million |
| 2021 | 4.24% | 4.73% | 0.45x | 1.99x | CN¥-224.45 Million |
| 2022 | -12.88% | -11.07% | 0.50x | 2.34x | CN¥-779.94 Million |
| 2023 | -20.66% | -15.97% | 0.53x | 2.43x | CN¥-867.33 Million |
| 2024 | -32.11% | -30.81% | 0.35x | 3.00x | CN¥-900.70 Million |
Industry Comparison
This section compares Beijing Cuiwei Tower Co Ltd's net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $3,098,653,321
- Average return on equity (ROE) among peers: 13.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Beijing Cuiwei Tower Co Ltd (603123) | CN¥1.83 Billion | 36.21% | 2.55x | $619.29 Million |
| AVIC Capital Co Ltd (600705) | $807.70 Million | 12.48% | 0.82x | $1.97 Billion |
| Jiangsu Financial Leasing Co Ltd Class A (600901) | $5.39 Billion | 15.25% | 6.75x | $1.86 Billion |