Anhui Jiuhuashan Tourism Dvlp
Anhui Jiuhuashan Tourism Development Co., Ltd. provides tourism services in the People's Republic of China. The company is involved in the cable car, hotel, travel agency, and passenger transport businesses. It also provides transport and sightseeing services, and tourist vehicle rental services, as well as operates an online tourism platform. Anhui Jiuhuashan Tourism Development Co., Ltd. was fo… Read more
Anhui Jiuhuashan Tourism Dvlp (603199) - Net Assets
Latest net assets as of September 2025: CN¥1.62 Billion CNY
Based on the latest financial reports, Anhui Jiuhuashan Tourism Dvlp (603199) has net assets worth CN¥1.62 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¥1.92 Billion) and total liabilities (CN¥297.59 Million). 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¥1.62 Billion |
| % of Total Assets | 84.48% |
| Annual Growth Rate | 10.38% |
| 5-Year Change | 22.99% |
| 10-Year Change | 69.03% |
| Growth Volatility | 19.18 |
Anhui Jiuhuashan Tourism Dvlp - Net Assets Trend (2006–2024)
This chart illustrates how Anhui Jiuhuashan Tourism Dvlp'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 Jiuhuashan Tourism Dvlp (2006–2024)
The table below shows the annual net assets of Anhui Jiuhuashan Tourism Dvlp from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.51 Billion | +6.81% |
| 2023-12-31 | CN¥1.42 Billion | +14.02% |
| 2022-12-31 | CN¥1.24 Billion | -2.51% |
| 2021-12-31 | CN¥1.28 Billion | +3.58% |
| 2020-12-31 | CN¥1.23 Billion | +2.60% |
| 2019-12-31 | CN¥1.20 Billion | +9.09% |
| 2018-12-31 | CN¥1.10 Billion | +7.44% |
| 2017-12-31 | CN¥1.02 Billion | +7.11% |
| 2016-12-31 | CN¥956.19 Million | +6.70% |
| 2015-12-31 | CN¥896.12 Million | +67.94% |
| 2014-12-31 | CN¥533.60 Million | +11.79% |
| 2013-12-31 | CN¥477.34 Million | +12.45% |
| 2012-12-31 | CN¥424.49 Million | +14.12% |
| 2011-12-31 | CN¥371.97 Million | +50.92% |
| 2008-12-31 | CN¥246.47 Million | +14.30% |
| 2007-12-31 | CN¥215.63 Million | -15.78% |
| 2006-12-31 | CN¥256.03 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Anhui Jiuhuashan Tourism Dvlp'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 2133.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥975.86 Million | 64.42% |
| Common Stock | CN¥110.68 Million | 7.31% |
| Other Comprehensive Income | CN¥94.92 Million | 6.27% |
| Other Components | CN¥333.29 Million | 22.00% |
| Total Equity | CN¥1.51 Billion | 100.00% |
Anhui Jiuhuashan Tourism Dvlp Competitors by Market Cap
The table below lists competitors of Anhui Jiuhuashan Tourism Dvlp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zedcor Energy
V:ZDC
|
$329.81 Million |
|
Cotec Construction JSC
VN:CTD
|
$329.88 Million |
|
Wuxi Xuelang Environmental Technology Co Ltd
SHE:300385
|
$329.90 Million |
|
Hynar Water Group Co. Ltd.
SHE:300961
|
$330.12 Million |
|
Yalla Group Ltd
NYSE:YALA
|
$329.68 Million |
|
Infomedia Ltd
AU:IFM
|
$329.44 Million |
|
Troax Group AB
ST:TROAX
|
$329.44 Million |
|
Sri Trang Agro-Industry Public Company Limited
BK:STA-R
|
$329.41 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Anhui Jiuhuashan Tourism Dvlp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,418,129,648 to 1,514,746,854, a change of 96,617,206 (6.8%).
- Net income of 186,008,458 contributed positively to equity growth.
- Dividend payments of 87,437,200 reduced retained earnings.
- Other comprehensive income decreased equity by 1,954,054.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥186.01 Million | +12.28% |
| Dividends Paid | CN¥87.44 Million | -5.77% |
| Other Comprehensive Income | CN¥-1.95 Million | -0.13% |
| Other Changes | CN¥2.00 | +0.0% |
| Total Change | CN¥- | 6.81% |
Book Value vs Market Value Analysis
This analysis compares Anhui Jiuhuashan Tourism Dvlp'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: 3.11x
- 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 13.68x to 3.11x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | CN¥3.11 | CN¥42.57 | x |
| 2007-12-31 | CN¥2.62 | CN¥42.57 | x |
| 2008-12-31 | CN¥2.96 | CN¥42.57 | x |
| 2011-12-31 | CN¥4.51 | CN¥42.57 | x |
| 2012-12-31 | CN¥5.13 | CN¥42.57 | x |
| 2013-12-31 | CN¥5.77 | CN¥42.57 | x |
| 2014-12-31 | CN¥6.47 | CN¥42.57 | x |
| 2015-12-31 | CN¥8.62 | CN¥42.57 | x |
| 2016-12-31 | CN¥8.65 | CN¥42.57 | x |
| 2017-12-31 | CN¥9.27 | CN¥42.57 | x |
| 2018-12-31 | CN¥9.92 | CN¥42.57 | x |
| 2019-12-31 | CN¥10.85 | CN¥42.57 | x |
| 2020-12-31 | CN¥11.13 | CN¥42.57 | x |
| 2021-12-31 | CN¥11.53 | CN¥42.57 | x |
| 2022-12-31 | CN¥11.24 | CN¥42.57 | x |
| 2023-12-31 | CN¥12.83 | CN¥42.57 | x |
| 2024-12-31 | CN¥13.69 | CN¥42.57 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Anhui Jiuhuashan Tourism Dvlp 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): 12.28%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 24.33%
- • Asset Turnover: 0.41x
- • Equity Multiplier: 1.23x
- Recent ROE (12.28%) is above the historical average (10.05%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 8.57% | 14.79% | 0.45x | 1.30x | CN¥-3.65 Million |
| 2007 | 15.26% | 18.07% | 0.53x | 1.59x | CN¥11.35 Million |
| 2008 | 16.55% | 18.75% | 0.53x | 1.65x | CN¥16.15 Million |
| 2011 | 15.73% | 16.58% | 0.41x | 2.33x | CN¥21.33 Million |
| 2012 | 14.63% | 16.08% | 0.44x | 2.05x | CN¥19.66 Million |
| 2013 | 13.17% | 16.29% | 0.42x | 1.92x | CN¥15.11 Million |
| 2014 | 12.37% | 16.07% | 0.45x | 1.71x | CN¥12.63 Million |
| 2015 | 7.89% | 17.63% | 0.39x | 1.15x | CN¥-18.94 Million |
| 2016 | 7.74% | 18.46% | 0.37x | 1.13x | CN¥-21.57 Million |
| 2017 | 8.09% | 18.57% | 0.37x | 1.17x | CN¥-19.53 Million |
| 2018 | 8.37% | 18.97% | 0.37x | 1.19x | CN¥-17.95 Million |
| 2019 | 9.75% | 21.78% | 0.37x | 1.20x | CN¥-3.01 Million |
| 2020 | 4.43% | 15.99% | 0.24x | 1.16x | CN¥-68.61 Million |
| 2021 | 4.74% | 14.22% | 0.29x | 1.17x | CN¥-67.05 Million |
| 2022 | -1.10% | -4.13% | 0.22x | 1.19x | CN¥-138.07 Million |
| 2023 | 12.32% | 24.14% | 0.40x | 1.28x | CN¥32.85 Million |
| 2024 | 12.28% | 24.33% | 0.41x | 1.23x | CN¥34.53 Million |
Industry Comparison
This section compares Anhui Jiuhuashan Tourism Dvlp's net assets metrics with peer companies in the Travel Services industry.
Industry Context
- Industry: Travel Services
- Average net assets among peers: $848,971,565
- Average return on equity (ROE) among peers: 3.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Anhui Jiuhuashan Tourism Dvlp (603199) | CN¥1.62 Billion | 8.57% | 0.18x | $329.78 Million |
| Guangzhou Dongfang Hotel Co Ltd (000524) | $510.65 Million | -17.81% | 0.54x | $369.38 Million |
| Hna-Caissa Travel Group Co Ltd (000796) | $559.01 Million | 2.92% | 1.14x | $644.39 Million |
| Emei Shan Tourism Co Ltd (000888) | $393.21 Million | 6.56% | 0.14x | $592.96 Million |
| Wuhan Sante Cableway Group Co Ltd (002159) | $1.15 Billion | -3.25% | 0.82x | $240.66 Million |
| Beijing Utour International Travel Service Co Ltd (002707) | $1.96 Billion | 10.95% | 1.04x | $609.85 Million |
| Western Regions Tourism Development (300859) | $371.84 Million | 13.71% | 0.34x | $496.65 Million |
| XiAn Qujiang Cultural Tourism Co Ltd (600706) | $835.96 Million | 5.73% | 1.07x | $221.83 Million |
| Changbai Mountain Tourism Co Ltd (603099) | $1.01 Billion | 6.69% | 0.25x | $481.31 Million |