Sun Hung Kai & Company Lt
Sun Hung Kai & Co. Limited operates in the alternative investment and wealth management businesses. The company operates through Consumer Finance, Private Credit, Mortgage Loans, Investment Management, Funds Management, and Group Management and Support segments. It offers unsecured loan to individuals and businesses through branches and online platforms; and first mortgage and second mortgage loa… Read more
Sun Hung Kai & Company Lt (SHGKY) - Net Assets
Latest net assets as of June 2025: $25.06 Billion USD
Based on the latest financial reports, Sun Hung Kai & Company Lt (SHGKY) has net assets worth $25.06 Billion USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($37.65 Billion) and total liabilities ($12.59 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 | $25.06 Billion |
| % of Total Assets | 66.56% |
| Annual Growth Rate | 7.41% |
| 5-Year Change | -6.55% |
| 10-Year Change | 12.33% |
| Growth Volatility | 15.22 |
Sun Hung Kai & Company Lt - Net Assets Trend (1997–2024)
This chart illustrates how Sun Hung Kai & Company Lt's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Sun Hung Kai & Company Lt (1997–2024)
The table below shows the annual net assets of Sun Hung Kai & Company Lt from 1997 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $24.25 Billion | -0.58% |
| 2023-12-31 | $24.40 Billion | -4.54% |
| 2022-12-31 | $25.56 Billion | -10.45% |
| 2021-12-31 | $28.54 Billion | +9.97% |
| 2020-12-31 | $25.95 Billion | +10.08% |
| 2019-12-31 | $23.58 Billion | +3.20% |
| 2018-12-31 | $22.85 Billion | -2.37% |
| 2017-12-31 | $23.40 Billion | +8.05% |
| 2016-12-31 | $21.66 Billion | +0.30% |
| 2015-12-31 | $21.59 Billion | +15.66% |
| 2014-12-31 | $18.67 Billion | +10.99% |
| 2013-12-31 | $16.82 Billion | +5.35% |
| 2012-12-31 | $15.97 Billion | +10.85% |
| 2011-12-31 | $14.40 Billion | +8.92% |
| 2010-12-31 | $13.22 Billion | -8.35% |
| 2009-12-31 | $14.43 Billion | +10.75% |
| 2008-12-31 | $13.03 Billion | -7.10% |
| 2007-12-31 | $14.02 Billion | +52.29% |
| 2006-12-31 | $9.21 Billion | +57.64% |
| 2005-12-31 | $5.84 Billion | +16.49% |
| 2004-12-31 | $5.01 Billion | +11.59% |
| 2003-12-31 | $4.49 Billion | -2.48% |
| 2002-12-31 | $4.61 Billion | +2.62% |
| 2001-12-31 | $4.49 Billion | +6.37% |
| 2000-12-31 | $4.22 Billion | +19.38% |
| 1999-12-31 | $3.54 Billion | -0.54% |
| 1998-12-31 | $3.55 Billion | +1.07% |
| 1997-12-31 | $3.52 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sun Hung Kai & Company Lt'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 702.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $12.69 Billion | 60.02% |
| Common Stock | $8.75 Billion | 41.39% |
| Other Comprehensive Income | $-298.10 Million | -1.41% |
| Total Equity | $21.15 Billion | 100.00% |
Sun Hung Kai & Company Lt Competitors by Market Cap
The table below lists competitors of Sun Hung Kai & Company Lt ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NAKANISHI INC.
F:6SN
|
$847.26 Million |
|
KYB CORPORATION
F:60V
|
$847.35 Million |
|
Yankershop Food Co Ltd
SHE:002847
|
$847.59 Million |
|
Universal Insurance Holdings Inc
NYSE:UVE
|
$847.92 Million |
|
United Energy Group Limited
PINK:UNEGF
|
$846.97 Million |
|
Ehang Holdings Ltd
NASDAQ:EH
|
$846.54 Million |
|
SMS Co. Ltd
PINK:SMSZF
|
$846.22 Million |
|
Bank of Qingdao Co. Ltd
F:4BQ
|
$845.63 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sun Hung Kai & Company Lt's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 21,268,000,000 to 21,147,500,000, a change of -120,500,000 (-0.6%).
- Net income of 377,700,000 contributed positively to equity growth.
- Dividend payments of 510,900,000 reduced retained earnings.
- Share repurchases of 500,000 reduced equity.
- Other comprehensive income increased equity by 17,300,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $377.70 Million | +1.79% |
| Dividends Paid | $510.90 Million | -2.42% |
| Share Repurchases | $500.00K | -0.0% |
| Other Comprehensive Income | $17.30 Million | +0.08% |
| Other Changes | $-4.10 Million | -0.02% |
| Total Change | $- | -0.57% |
Book Value vs Market Value Analysis
This analysis compares Sun Hung Kai & Company Lt'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: 0.03x
- 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 |
|---|---|---|---|
| 1997-12-31 | $15.65 | $1.71 | x |
| 1998-12-31 | $15.16 | $1.71 | x |
| 1999-12-31 | $13.60 | $1.71 | x |
| 2000-12-31 | $18.06 | $1.71 | x |
| 2001-12-31 | $14.88 | $1.71 | x |
| 2002-12-31 | $15.27 | $1.71 | x |
| 2003-12-31 | $17.36 | $1.71 | x |
| 2004-12-31 | $20.12 | $1.71 | x |
| 2005-12-31 | $23.42 | $1.71 | x |
| 2006-12-31 | $29.64 | $1.71 | x |
| 2007-12-31 | $37.95 | $1.71 | x |
| 2008-12-31 | $33.43 | $1.71 | x |
| 2009-12-31 | $36.55 | $1.71 | x |
| 2010-12-31 | $29.67 | $1.71 | x |
| 2011-12-31 | $28.59 | $1.71 | x |
| 2012-12-31 | $30.34 | $1.71 | x |
| 2013-12-31 | $31.49 | $1.71 | x |
| 2014-12-31 | $34.67 | $1.71 | x |
| 2015-12-31 | $40.17 | $1.71 | x |
| 2016-12-31 | $40.92 | $1.71 | x |
| 2017-12-31 | $44.69 | $1.71 | x |
| 2018-12-31 | $45.12 | $1.71 | x |
| 2019-12-31 | $50.94 | $1.71 | x |
| 2020-12-31 | $56.85 | $1.71 | x |
| 2021-12-31 | $63.49 | $1.71 | x |
| 2022-12-31 | $56.98 | $1.71 | x |
| 2023-12-31 | $54.29 | $1.71 | x |
| 2024-12-31 | $53.98 | $1.71 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sun Hung Kai & Company Lt 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): 1.79%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.30%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 1.76x
- Recent ROE (1.79%) is below the historical average (7.06%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 8.64% | 34.23% | 0.15x | 1.69x | $-47.53 Million |
| 1998 | 2.39% | 14.55% | 0.11x | 1.49x | $-269.51 Million |
| 1999 | 6.22% | 26.08% | 0.15x | 1.62x | $-133.27 Million |
| 2000 | 2.75% | 13.65% | 0.15x | 1.37x | $-305.81 Million |
| 2001 | 4.90% | 32.94% | 0.12x | 1.27x | $-228.70 Million |
| 2002 | 4.45% | 34.10% | 0.11x | 1.16x | $-255.74 Million |
| 2003 | 5.39% | 32.24% | 0.11x | 1.48x | $-207.28 Million |
| 2004 | 7.67% | 45.41% | 0.13x | 1.26x | $-116.58 Million |
| 2005 | 6.87% | 43.41% | 0.13x | 1.25x | $-182.59 Million |
| 2006 | 7.04% | 25.78% | 0.14x | 1.93x | $-240.18 Million |
| 2007 | 16.58% | 37.08% | 0.25x | 1.79x | $801.79 Million |
| 2008 | 3.05% | 12.44% | 0.14x | 1.71x | $-788.05 Million |
| 2009 | 9.92% | 40.63% | 0.15x | 1.65x | $-9.94 Million |
| 2010 | 9.58% | 34.15% | 0.16x | 1.77x | $-48.20 Million |
| 2011 | 8.54% | 28.73% | 0.16x | 1.86x | $-176.35 Million |
| 2012 | 8.06% | 26.81% | 0.15x | 1.96x | $-249.90 Million |
| 2013 | 7.85% | 24.45% | 0.15x | 2.07x | $-288.61 Million |
| 2014 | 8.90% | 25.61% | 0.16x | 2.19x | $-164.30 Million |
| 2015 | 21.64% | 94.23% | 0.13x | 1.80x | $2.10 Billion |
| 2016 | 6.14% | 29.41% | 0.12x | 1.80x | $-698.10 Million |
| 2017 | 9.39% | 21.60% | 0.23x | 1.93x | $-118.37 Million |
| 2018 | 6.22% | 35.57% | 0.08x | 2.14x | $-720.12 Million |
| 2019 | 10.23% | 49.38% | 0.10x | 2.09x | $47.03 Million |
| 2020 | 11.26% | 117.16% | 0.05x | 1.95x | $285.18 Million |
| 2021 | 11.22% | 93.71% | 0.06x | 1.95x | $306.18 Million |
| 2022 | -6.86% | -63.46% | 0.06x | 1.92x | $-3.77 Billion |
| 2023 | -2.22% | -29.93% | 0.04x | 1.92x | $-2.60 Billion |
| 2024 | 1.79% | 16.30% | 0.06x | 1.76x | $-1.74 Billion |
Industry Comparison
This section compares Sun Hung Kai & Company Lt's net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $53,145,153,302
- Average return on equity (ROE) among peers: -26.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sun Hung Kai & Company Lt (SHGKY) | $25.06 Billion | 8.64% | 0.50x | $847.26 Million |
| Accord Financial Corp (ACCFF) | $21.70 Million | 19.82% | 0.65x | $8.00 Million |
| Acom Co. Ltd (ACJJF) | $306.73 Billion | 3.47% | 2.77x | $799.50 Million |
| Affirm Holdings Inc (AFRM) | $3.07 Billion | 1.70% | 2.63x | $12.41 Billion |
| Federal Agricultural Mortgage Corporation (AGM) | $134.44 Million | 12.11% | 24.42x | $1.44 Billion |
| Aiful Corp (AIFLF) | $201.41 Billion | 10.83% | 5.29x | $852.52 Million |
| Jianpu Technology Inc (AIJTY) | $725.64 Million | -41.91% | 0.93x | $16.37 Million |
| AIOS Tech Inc. (AIOS) | $36.76 Million | -14.00% | 0.54x | $2.57 Million |
| Ally Financial Inc (ALLY) | $19.28 Billion | -0.81% | 8.55x | $10.41 Billion |
| Alpha Investment Inc (ALPC) | $607.43K | -264.75% | 4.98x | $166.69 Million |
| Antalpha Platform Holding Co (ANTA) | $46.38 Million | 9.47% | 26.05x | $14.87 Million |