Beijing Caishikou Department Store Co Ltd (605599) - Net Assets
Based on the latest financial reports, Beijing Caishikou Department Store Co Ltd (605599) has net assets worth CN¥4.19 Billion CNY (≈ $612.89 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¥8.67 Billion ≈ $1.27 Billion USD) and total liabilities (CN¥4.48 Billion ≈ $655.43 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 Beijing Caishikou Department Store Co Lt (605599) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥4.19 Billion |
| % of Total Assets | 48.32% |
| Annual Growth Rate | 11.59% |
| 5-Year Change | 85.94% |
| 10-Year Change | N/A |
| Growth Volatility | 15.7 |
Beijing Caishikou Department Store Co Ltd - Net Assets Trend (2017–2024)
This chart illustrates how Beijing Caishikou Department Store Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Beijing Caishikou Department Store Co Lt asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Beijing Caishikou Department Store Co Ltd (2017–2024)
The table below shows the annual net assets of Beijing Caishikou Department Store Co Ltd from 2017 to 2024. For live valuation and market cap data, see Beijing Caishikou Department Store Co Lt market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.99 Billion ≈ $584.46 Million |
+5.38% |
| 2023-12-31 | CN¥3.79 Billion ≈ $554.61 Million |
+11.15% |
| 2022-12-31 | CN¥3.41 Billion ≈ $498.96 Million |
+5.86% |
| 2021-12-31 | CN¥3.22 Billion ≈ $471.32 Million |
+49.95% |
| 2020-12-31 | CN¥2.15 Billion ≈ $314.32 Million |
+0.09% |
| 2019-12-31 | CN¥2.15 Billion ≈ $314.04 Million |
+11.19% |
| 2018-12-31 | CN¥1.93 Billion ≈ $282.43 Million |
+4.12% |
| 2017-12-31 | CN¥1.85 Billion ≈ $271.25 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Beijing Caishikou 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 132.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.41 Billion | 35.44% |
| Common Stock | CN¥777.78 Million | 19.53% |
| Other Comprehensive Income | CN¥1.05 Billion | 26.26% |
| Other Components | CN¥747.85 Million | 18.78% |
| Total Equity | CN¥3.98 Billion | 100.00% |
Beijing Caishikou Department Store Co Ltd Competitors by Market Cap
The table below lists competitors of Beijing Caishikou Department Store Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Chengzhi Shareholding Co Ltd
SHE:000990
|
$2.24 Billion |
|
Electra Ltd
TA:ELTR
|
$2.24 Billion |
|
Sarda Energy & Minerals Limited
NSE:SARDAEN
|
$2.24 Billion |
|
Wilh Wilhelmsen Holding ASA A
OL:WWI
|
$2.24 Billion |
|
Zhuzhou CRRC Times Electric Co. Ltd
F:ZTX
|
$2.24 Billion |
|
Hwa Create Corp Ltd
SHE:300045
|
$2.24 Billion |
|
Huada Automotive Tech Corp Ltd
SHG:603358
|
$2.24 Billion |
|
PACS Group, Inc.
NYSE:PACS
|
$2.24 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Beijing Caishikou Department Store Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,784,280,360 to 3,982,638,116, a change of 198,357,756 (5.2%).
- Net income of 719,008,644 contributed positively to equity growth.
- Dividend payments of 544,521,857 reduced retained earnings.
- Other comprehensive income increased equity by 93,479,529.
- Other factors decreased equity by 69,608,560.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥719.01 Million | +18.05% |
| Dividends Paid | CN¥544.52 Million | -13.67% |
| Other Comprehensive Income | CN¥93.48 Million | +2.35% |
| Other Changes | CN¥-69.61 Million | -1.75% |
| Total Change | CN¥- | 5.24% |
Book Value vs Market Value Analysis
This analysis compares Beijing Caishikou 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: 3.87x
- 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 7.50x to 3.87x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥2.63 | CN¥19.70 | x |
| 2018-12-31 | CN¥2.74 | CN¥19.70 | x |
| 2019-12-31 | CN¥2.75 | CN¥19.70 | x |
| 2020-12-31 | CN¥2.75 | CN¥19.70 | x |
| 2021-12-31 | CN¥4.13 | CN¥19.70 | x |
| 2022-12-31 | CN¥4.38 | CN¥19.70 | x |
| 2023-12-31 | CN¥4.87 | CN¥19.70 | x |
| 2024-12-31 | CN¥5.10 | CN¥19.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Beijing Caishikou 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): 18.05%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.55%
- • Asset Turnover: 2.83x
- • Equity Multiplier: 1.80x
- Recent ROE (18.05%) is above the historical average (16.81%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 17.89% | 4.13% | 2.27x | 1.90x | CN¥145.73 Million |
| 2018 | 19.31% | 4.31% | 2.34x | 1.91x | CN¥179.08 Million |
| 2019 | 18.81% | 4.79% | 2.06x | 1.90x | CN¥188.33 Million |
| 2020 | 16.93% | 5.12% | 1.80x | 1.83x | CN¥148.12 Million |
| 2021 | 11.33% | 3.49% | 1.99x | 1.63x | CN¥42.64 Million |
| 2022 | 13.50% | 4.19% | 2.00x | 1.61x | CN¥119.39 Million |
| 2023 | 18.68% | 4.27% | 2.60x | 1.68x | CN¥328.36 Million |
| 2024 | 18.05% | 3.55% | 2.83x | 1.80x | CN¥320.74 Million |
Industry Comparison
This section compares Beijing Caishikou Department Store Co Ltd's net assets metrics with peer companies in the Luxury Goods industry.
Industry Context
- Industry: Luxury Goods
- Average net assets among peers: $2,009,093,708
- Average return on equity (ROE) among peers: 11.88%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Beijing Caishikou Department Store Co Ltd (605599) | CN¥4.19 Billion | 17.89% | 1.07x | $2.24 Billion |
| Shenzhen Tellus Holding Co Ltd (000025) | $1.34 Billion | 16.40% | 0.23x | $937.43 Million |
| Fiyta Holdings Ltd (000026) | $1.54 Billion | 8.46% | 1.31x | $953.86 Million |
| Innovative Medical Management Co Ltd (002173) | $134.18 Million | 19.54% | 1.80x | $1.54 Billion |
| Guangdong CHJ Industry Co Ltd (002345) | $2.72 Billion | 7.25% | 0.68x | $1.36 Billion |
| Zhejiang Ming Jewelry Co Ltd (002574) | $3.14 Billion | 2.78% | 0.24x | $439.63 Million |
| Beijing Kingee Culture Development Co Ltd (002721) | $5.62 Billion | 3.24% | 2.07x | $1.20 Billion |
| Shenyang Cuihua Gold and Silver Jewelry Co Ltd (002731) | $413.38 Million | 21.08% | 1.54x | $163.05 Million |
| Chow Tai Seng Jewellery Co Ltd (002867) | $1.61 Billion | 26.47% | 0.47x | $2.07 Billion |
| Shenzhen Tellus Holding Co Ltd (200025) | $1.10 Billion | 7.91% | 0.51x | $20.87 Million |
| Fiyta Holdings Ltd (200026) | $2.47 Billion | 5.68% | 0.45x | $36.37 Million |
About Beijing Caishikou Department Store Co Ltd
Beijing Caishikou Department Store Co.,Ltd. operates as a retailer of gold jewelry in China. The company offers gold jewelry, precious metal investment products, precious metal cultural products, diamond and jade jewelry, and other products. It sells its products through offline direct stores, banks, and online e-commerce channels. The company was founded in 1994 and is headquartered in Beijing, … Read more