Nacity Property Service Co Ltd Net Assets
Nacity Property Service Co Ltd net assets. Based on the latest financial reports, Nacity Property Service Co Ltd (603506) has net assets worth CN¥1.31 Billion CNY (≈ $192.22 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.86 Billion ≈ $418.81 Million USD) and total liabilities (CN¥1.55 Billion ≈ $226.59 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. Also explore 603506 net assets growth trend to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.31 Billion |
| % of Total Assets | 45.9% |
| Annual Growth Rate | 26.09% |
| 5-Year Change | 27.81% |
| 10-Year Change | 420.32% |
| Growth Volatility | 70.88 |
Net Assets of Nacity Property Service Co Ltd (2013–2025)
Net assets of Nacity Property Service Co Ltd from 2013 to 2025. This chart illustrates how Nacity Property Service Co Ltd's net assets have evolved over time, based on quarterly financial data. See Nacity Property Service Co Ltd balance sheet independence to measure how much of total assets are equity-financed.
Annual Net Assets for Nacity Property Service Co Ltd (2013–2025)
The table below shows the annual net assets of Nacity Property Service Co Ltd from 2013 to 2025. For live market cap and overall valuation, see Nacity Property Service Co Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.23 Billion ≈ $180.10 Million |
+9.39% |
| 2024-12-31 | CN¥1.13 Billion ≈ $164.64 Million |
-4.97% |
| 2023-12-31 | CN¥1.18 Billion ≈ $173.26 Million |
+12.61% |
| 2022-12-31 | CN¥1.05 Billion ≈ $153.86 Million |
+9.19% |
| 2021-12-31 | CN¥962.99 Million ≈ $140.92 Million |
+14.66% |
| 2020-12-31 | CN¥839.84 Million ≈ $122.90 Million |
+14.48% |
| 2019-12-31 | CN¥733.61 Million ≈ $107.35 Million |
+13.50% |
| 2018-12-31 | CN¥646.37 Million ≈ $94.58 Million |
+127.14% |
| 2017-12-31 | CN¥284.56 Million ≈ $41.64 Million |
+20.30% |
| 2016-12-31 | CN¥236.54 Million ≈ $34.61 Million |
+239.97% |
| 2015-12-31 | CN¥69.58 Million ≈ $10.18 Million |
-35.41% |
| 2014-12-31 | CN¥107.72 Million ≈ $15.76 Million |
+41.32% |
| 2013-12-31 | CN¥76.22 Million ≈ $11.15 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Nacity Property Service 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 879.7% over the analyzed period, indicating profitable operations and earnings retention.
Nacity Property Service Co Ltd Net Assets Breakdown (December 2025)
Nacity Property Service Co Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥670.99 Million | 56.34% |
| Other Components | CN¥519.88 Million | 43.66% |
| Total Equity | CN¥1.19 Billion | 100.00% |
Nacity Property Service Co Ltd Competitors by Market Cap
The table below lists competitors of Nacity Property Service Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cosmos Group Co Ltd
SHE:002133
|
$280.94 Million |
|
Canopy Growth Corp
TO:WEED
|
$280.95 Million |
|
Hubtown Limited
NSE:HUBTOWN
|
$280.95 Million |
|
AfreecaTV Co. Ltd
KQ:067160
|
$281.06 Million |
|
Sichuan Huiyuan Optical Com
SHE:000586
|
$280.80 Million |
|
Corby Spirit and Wine Limited
TO:CSW-A
|
$280.78 Million |
|
Federal-Mogul Goetze (India) Limited.
NSE:FMGOETZE
|
$280.61 Million |
|
Career Technology MFG Co Ltd
TW:6153
|
$280.60 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nacity Property Service Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,092,191,541 to 1,190,877,110, a change of 98,685,569 (9.0%).
- Net income of 99,249,594 contributed positively to equity growth.
- Dividend payments of 1,199,611 reduced retained earnings.
- Other comprehensive income decreased equity by 89,914,204.
- Other factors increased equity by 90,549,791.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥99.25 Million | +8.33% |
| Dividends Paid | CN¥1.20 Million | -0.1% |
| Other Comprehensive Income | CN¥-89.91 Million | -7.55% |
| Other Changes | CN¥90.55 Million | +7.6% |
| Total Change | CN¥- | 9.04% |
Book Value vs Market Value Analysis
This analysis compares Nacity Property Service 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: 1.61x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 14.07x to 1.61x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | CN¥0.73 | CN¥10.22 | x |
| 2014-12-31 | CN¥1.03 | CN¥10.22 | x |
| 2015-12-31 | CN¥0.66 | CN¥10.22 | x |
| 2016-12-31 | CN¥1.79 | CN¥10.22 | x |
| 2017-12-31 | CN¥2.02 | CN¥10.22 | x |
| 2018-12-31 | CN¥3.48 | CN¥10.22 | x |
| 2019-12-31 | CN¥3.84 | CN¥10.22 | x |
| 2020-12-31 | CN¥4.40 | CN¥10.22 | x |
| 2021-12-31 | CN¥5.04 | CN¥10.22 | x |
| 2022-12-31 | CN¥5.47 | CN¥10.22 | x |
| 2023-12-31 | CN¥6.16 | CN¥10.22 | x |
| 2024-12-31 | CN¥5.82 | CN¥10.22 | x |
| 2025-12-31 | CN¥6.34 | CN¥10.22 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nacity Property Service 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): 8.33%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.33%
- • Asset Turnover: 0.70x
- • Equity Multiplier: 2.22x
- Recent ROE (8.33%) is below the historical average (18.18%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 17.63% | 4.56% | 1.20x | 3.22x | CN¥5.80 Million |
| 2014 | 29.32% | 8.06% | 1.21x | 3.00x | CN¥20.77 Million |
| 2015 | 31.78% | 4.70% | 1.38x | 4.89x | CN¥15.15 Million |
| 2016 | 26.62% | 10.90% | 1.01x | 2.42x | CN¥39.31 Million |
| 2017 | 26.41% | 9.13% | 1.01x | 2.86x | CN¥46.50 Million |
| 2018 | 14.37% | 8.67% | 0.79x | 2.10x | CN¥27.93 Million |
| 2019 | 15.78% | 9.15% | 0.77x | 2.23x | CN¥41.74 Million |
| 2020 | 16.70% | 9.75% | 0.80x | 2.13x | CN¥55.30 Million |
| 2021 | 17.19% | 10.22% | 0.75x | 2.23x | CN¥68.06 Million |
| 2022 | 14.16% | 7.88% | 0.81x | 2.23x | CN¥42.75 Million |
| 2023 | 16.08% | 10.04% | 0.70x | 2.30x | CN¥70.22 Million |
| 2024 | 2.01% | 1.21% | 0.74x | 2.24x | CN¥-87.31 Million |
| 2025 | 8.33% | 5.33% | 0.70x | 2.22x | CN¥-19.84 Million |
Industry Comparison
This section compares Nacity Property Service Co Ltd's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $1,456,582,989
- Average return on equity (ROE) among peers: 4.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nacity Property Service Co Ltd (603506) | CN¥1.31 Billion | 17.63% | 1.18x | $280.82 Million |
| Shenzhen SEG Co Ltd (000058) | $2.00 Billion | 6.68% | 0.49x | $945.29 Million |
| 5I5j Holding Group Co Ltd (000560) | $268.19 Million | 4.57% | 2.17x | $1.01 Billion |
| DongGuan Winnerway Industrial Zone Ltd (000573) | $1.67 Billion | 8.40% | 0.50x | $333.44 Million |
| Beijing Mainstreets Investment (000609) | $216.43 Million | 22.90% | 0.30x | $418.65 Million |
| Rongfeng Holding Group (000668) | $682.87 Million | -5.99% | 1.97x | $312.00 Million |
| Sanxiang Co Ltd (000863) | $4.23 Billion | 0.65% | 0.68x | $704.92 Million |
| China Merchants Property Operation & Service Co Ltd (001914) | $337.75 Million | 8.42% | 1.38x | $1.32 Billion |
| Shenzhen Worldunion Properties Consultancy Inc (002285) | $3.78 Billion | -29.87% | 1.37x | $685.29 Million |
| Chongqing New Dazheng Property Grp (002968) | $853.24 Million | 15.38% | 0.44x | $288.07 Million |
| Shenzhen SEG Co Ltd (200058) | $529.79 Million | 16.65% | 1.88x | $50.65 Million |
About Nacity Property Service Co Ltd
Nacity Property Service Group Co.,Ltd. offers real estate property management services in China. The company operates through two segments, Basic Property Services and Value-Added Property Services. It provides value-added services for residential properties, including multi-story buildings, high-rise buildings, townhouses, and villas; commercial properties, such as office buildings, commercial c… Read more