Shanghai Electric Group Company Limited (USR) - Net Assets
Based on the latest financial reports, Shanghai Electric Group Company Limited (USR) has net assets worth €80.30 Billion EUR (≈ $93.87 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€327.72 Billion ≈ $383.13 Billion USD) and total liabilities (€247.42 Billion ≈ $289.26 Billion 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 USR tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €80.30 Billion |
| % of Total Assets | 24.5% |
| Annual Growth Rate | 5.36% |
| 5-Year Change | -18.58% |
| 10-Year Change | 38.61% |
| Growth Volatility | 12.1 |
Shanghai Electric Group Company Limited - Net Assets Trend (2013–2025)
This chart illustrates how Shanghai Electric Group Company Limited's net assets have evolved over time, based on quarterly financial data. See Shanghai Electric Group Company Limited defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Shanghai Electric Group Company Limited (2013–2025)
The table below shows the annual net assets of Shanghai Electric Group Company Limited from 2013 to 2025. For live valuation and market cap data, see Shanghai Electric Group Company Limited (USR) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €79.91 Billion ≈ $93.42 Billion |
+3.26% |
| 2024-12-31 | €77.38 Billion ≈ $90.47 Billion |
+0.59% |
| 2023-12-31 | €76.93 Billion ≈ $89.94 Billion |
-18.33% |
| 2022-12-31 | €94.19 Billion ≈ $110.12 Billion |
-4.02% |
| 2021-12-31 | €98.14 Billion ≈ $114.74 Billion |
-8.15% |
| 2020-12-31 | €106.85 Billion ≈ $124.92 Billion |
+16.66% |
| 2019-12-31 | €91.59 Billion ≈ $107.08 Billion |
+24.38% |
| 2018-12-31 | €73.64 Billion ≈ $86.09 Billion |
+4.12% |
| 2017-12-31 | €70.72 Billion ≈ $82.68 Billion |
+22.68% |
| 2016-12-31 | €57.65 Billion ≈ $67.40 Billion |
+10.89% |
| 2015-12-31 | €51.99 Billion ≈ $60.78 Billion |
+14.45% |
| 2014-12-31 | €45.43 Billion ≈ $53.11 Billion |
+6.36% |
| 2013-12-31 | €42.71 Billion ≈ $49.93 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Shanghai Electric Group Company Limited'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 7.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €13.85 Billion | 25.32% |
| Other Components | €40.85 Billion | 74.68% |
| Total Equity | €54.69 Billion | 100.00% |
Shanghai Electric Group Company Limited Competitors by Market Cap
The table below lists competitors of Shanghai Electric Group Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Origin Bancorp, Inc.
NYSE:OBK
|
$1.43 Billion |
|
Capital Southwest Corporation
NASDAQ:CSWC
|
$1.43 Billion |
|
Clariane SE
PA:CLARI
|
$1.43 Billion |
|
Paradox Interactive AB (publ)
ST:PDX
|
$1.43 Billion |
|
Changsha DIALINE New Material Sci & Tech Co Ltd
SHE:300700
|
$1.43 Billion |
|
Chengdu Galaxy Magnets
SHE:300127
|
$1.43 Billion |
|
VIA Technologies Inc
TW:2388
|
$1.43 Billion |
|
Cpi Fim SA
WAR:OPG
|
$1.43 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shanghai Electric Group Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 53,189,916,000 to 54,694,720,000, a change of 1,504,804,000 (2.8%).
- Net income of 1,206,219,000 contributed positively to equity growth.
- Dividend payments of 1,444,368,000 reduced retained earnings.
- Other factors increased equity by 1,742,953,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €1.21 Billion | +2.21% |
| Dividends Paid | €1.44 Billion | -2.64% |
| Other Changes | €1.74 Billion | +3.19% |
| Total Change | €- | 2.83% |
Book Value vs Market Value Analysis
This analysis compares Shanghai Electric Group Company Limited'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: 0.12x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €3.77 | €0.42 | x |
| 2018-12-31 | €3.89 | €0.42 | x |
| 2019-12-31 | €4.18 | €0.42 | x |
| 2020-12-31 | €4.37 | €0.42 | x |
| 2021-12-31 | €3.70 | €0.42 | x |
| 2022-12-31 | €3.52 | €0.42 | x |
| 2023-12-31 | €3.39 | €0.42 | x |
| 2024-12-31 | €3.41 | €0.42 | x |
| 2025-12-31 | €3.52 | €0.42 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shanghai Electric Group Company Limited 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): 2.21%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.95%
- • Asset Turnover: 0.39x
- • Equity Multiplier: 5.95x
- Recent ROE (2.21%) is above the historical average (2.14%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 7.65% | 3.11% | 0.61x | 4.01x | €-757.80 Million |
| 2014 | 7.46% | 3.33% | 0.53x | 4.19x | €-869.15 Million |
| 2015 | 5.46% | 2.70% | 0.48x | 4.21x | €-1.78 Billion |
| 2016 | 4.57% | 2.61% | 0.45x | 3.89x | €-2.45 Billion |
| 2017 | 4.79% | 3.34% | 0.40x | 3.59x | €-2.89 Billion |
| 2018 | 5.27% | 2.98% | 0.46x | 3.81x | €-2.71 Billion |
| 2019 | 5.53% | 2.76% | 0.45x | 4.43x | €-2.83 Billion |
| 2020 | 5.66% | 2.74% | 0.44x | 4.75x | €-2.88 Billion |
| 2021 | -17.18% | -7.60% | 0.44x | 5.17x | €-15.80 Billion |
| 2022 | -6.50% | -3.03% | 0.41x | 5.25x | €-9.05 Billion |
| 2023 | 1.52% | 0.70% | 0.41x | 5.37x | €-4.48 Billion |
| 2024 | 1.41% | 0.65% | 0.38x | 5.69x | €-4.57 Billion |
| 2025 | 2.21% | 0.95% | 0.39x | 5.95x | €-4.26 Billion |
Industry Comparison
This section compares Shanghai Electric Group Company Limited's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $7,847,905,349
- Average return on equity (ROE) among peers: 9.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shanghai Electric Group Company Limited (USR) | €80.30 Billion | 7.65% | 3.08x | $1.43 Billion |
| DB ENERGY S.A. ZY -10 (0CJ) | $25.54 Million | -27.39% | 1.77x | $6.87 Million |
| MORIMATSU INT.H.C. (HK) (1S5) | $2.01 Billion | 19.02% | 1.84x | $983.88 Million |
| 2G Energy AG (2GB) | $24.57 Million | 26.33% | 1.01x | $670.96 Million |
| Eaton Corporation PLC (3EC) | $14.97 Billion | 9.42% | 1.13x | $131.40 Billion |
| M+S HIDRAVLIK AD BW 1 (8Q3) | $130.35 Million | 27.36% | 0.27x | $197.17 Million |
| MERUS POWER OYJ EO 1 (99H) | $10.40 Million | -10.72% | 1.77x | $35.09 Million |
| Aumann AG (AAG) | $203.16 Million | 5.41% | 0.61x | $174.31 Million |
| Atlas Copco A ADR (ACO) | $53.53 Billion | 27.61% | 1.12x | $64.34 Billion |
| ATS CORP. (ATO0) | $1.68 Billion | 11.50% | 1.43x | $2.77 Billion |
| Chongqing Machinery & Electric Co. Ltd (CE3) | $5.89 Billion | 8.61% | 1.18x | $349.86 Million |
About Shanghai Electric Group Company Limited
Shanghai Electric Group Co., Ltd. manufactures and sells industrial and energy equipment in Mainland China and internationally. The company operates through Energy Equipment Business, Industrial Equipment Business, and Integrated Service Business segments. It offers designs, manufactures, and sells nuclear power, energy storage, coal-fired power generation and auxiliary, gas power generation, win… Read more