Shimao Services Holdings Limited
Shimao Services Holdings Limited, an investment holding company, provides property management and city services in the People's Republic of China. The company offers security, cleaning, greening and gardening, repair, and maintenance services to construction, and other property management companies. It also provides community value-added services, such as community asset management, carpark asset… Read more
Shimao Services Holdings Limited (SHMSF) - Net Assets
Latest net assets as of June 2025: $7.92 Billion USD
Based on the latest financial reports, Shimao Services Holdings Limited (SHMSF) has net assets worth $7.92 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 ($13.36 Billion) and total liabilities ($5.44 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 | $7.92 Billion |
| % of Total Assets | 59.27% |
| Annual Growth Rate | 53.44% |
| 5-Year Change | 19.26% |
| 10-Year Change | N/A |
| Growth Volatility | 968.57 |
Shimao Services Holdings Limited - Net Assets Trend (2017–2024)
This chart illustrates how Shimao Services Holdings Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Shimao Services Holdings Limited (2017–2024)
The table below shows the annual net assets of Shimao Services Holdings Limited from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $8.04 Billion | -7.02% |
| 2023-12-31 | $8.65 Billion | +3.33% |
| 2022-12-31 | $8.37 Billion | -9.32% |
| 2021-12-31 | $9.23 Billion | +36.88% |
| 2020-12-31 | $6.74 Billion | +2783.23% |
| 2019-12-31 | $233.79 Million | -81.26% |
| 2018-12-31 | $1.25 Billion | +210.86% |
| 2017-12-31 | $401.31 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shimao Services Holdings 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 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $21.36 Million | 0.28% |
| Other Comprehensive Income | $-1.69 Billion | -22.12% |
| Other Components | $9.33 Billion | 121.84% |
| Total Equity | $7.66 Billion | 100.00% |
Shimao Services Holdings Limited Competitors by Market Cap
The table below lists competitors of Shimao Services Holdings Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tullow Oil plc
PINK:TUWLF
|
$132.75 Million |
|
CHC Resources Corp
TW:9930
|
$132.80 Million |
|
Acme United Corporation
NYSE MKT:ACU
|
$132.86 Million |
|
Varia US Properties AG
LSE:0RKW
|
$132.88 Million |
|
China Lilang Limited
F:5LX
|
$132.67 Million |
|
CJ Freshway Corporation
KQ:051500
|
$132.66 Million |
|
Boyaa Interactive International Limited
F:1BY
|
$132.61 Million |
|
Kingfa Science & Technology (India) Limited
NSE:KINGFA
|
$132.61 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shimao Services Holdings Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 7,916,440,000 to 7,658,752,000, a change of -257,688,000 (-3.3%).
- Net loss of 272,363,000 reduced equity.
- Other comprehensive income increased equity by 12,772,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-272.36 Million | -3.56% |
| Other Comprehensive Income | $12.77 Million | +0.17% |
| Other Changes | $1.90 Million | +0.02% |
| Total Change | $- | -3.26% |
Book Value vs Market Value Analysis
This analysis compares Shimao Services Holdings 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: 0.04x
- 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.
- The price-to-book ratio has decreased from 0.73x to 0.04x 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 | $0.17 | $0.12 | x |
| 2018-12-31 | $0.53 | $0.12 | x |
| 2019-12-31 | $0.12 | $0.12 | x |
| 2020-12-31 | $3.13 | $0.12 | x |
| 2021-12-31 | $3.57 | $0.12 | x |
| 2022-12-31 | $3.07 | $0.12 | x |
| 2023-12-31 | $3.19 | $0.12 | x |
| 2024-12-31 | $3.12 | $0.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shimao Services Holdings 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): -3.56%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.45%
- • Asset Turnover: 0.61x
- • Equity Multiplier: 1.70x
- Recent ROE (-3.56%) is below the historical average (26.84%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 27.11% | 10.43% | 0.49x | 5.29x | $68.65 Million |
| 2018 | 11.72% | 11.00% | 0.42x | 2.56x | $21.44 Million |
| 2019 | 164.47% | 15.45% | 0.70x | 15.29x | $361.15 Million |
| 2020 | 10.75% | 13.79% | 0.46x | 1.69x | $48.15 Million |
| 2021 | 13.02% | 13.31% | 0.46x | 2.13x | $257.74 Million |
| 2022 | -12.25% | -10.73% | 0.59x | 1.93x | $-1.68 Billion |
| 2023 | 3.45% | 3.33% | 0.58x | 1.80x | $-518.40 Million |
| 2024 | -3.56% | -3.45% | 0.61x | 1.70x | $-1.04 Billion |
Industry Comparison
This section compares Shimao Services Holdings Limited's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $860,434,363
- Average return on equity (ROE) among peers: -17.79%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shimao Services Holdings Limited (SHMSF) | $7.92 Billion | 27.11% | 0.69x | $132.69 Million |
| Aroundtown SA (AANNF) | $2.43 Billion | 28.32% | 0.83x | $1.42 Billion |
| AAP Inc (AAPJ) | $-1.00 Million | 0.00% | 0.00x | $1.97 |
| Ambase Corp (ABCP) | $-4.12 Million | 0.00% | 0.00x | $6.43 Million |
| Americann Inc (ACAN) | $1.31 Million | -131.48% | 2.04x | $2.44K |
| Ascendas India Trust (ACNDF) | $1.32 Billion | 9.88% | 1.00x | $831.45 Million |
| Adler Group S.A (ADPPF) | $2.20 Billion | 17.61% | 0.90x | $41.80 Million |
| Agritek Holdings Inc (AGTK) | $487.65K | -21.43% | -0.50x | $5.39K |
| reAlpha Tech Corp. Common Stock (AIRE) | $13.17 Million | -41.42% | 0.60x | $32.30 Million |
| Avalon GloboCare Corp. (ALBT) | $7.31 Million | -47.40% | 0.73x | $2.25 Million |
| Allreal (ALRHF) | $2.64 Billion | 8.00% | 1.23x | $2.39 Billion |