Shandong Shengli Co Ltd
Shandong Shengli Co., Ltd. engages in the natural gas, plastic pipeline, and other industrial businesses in China. The company invests in, constructs, and operates gas transmission and distribution pipelines, natural gas urban pipeline networks, liquefied natural gas (LNG), compressed natural gas (CNG), and natural gas distributed energy. It also provides natural gas application services for indu… Read more
Shandong Shengli Co Ltd (000407) - Net Assets
Latest net assets as of September 2025: CN¥3.37 Billion CNY
Based on the latest financial reports, Shandong Shengli Co Ltd (000407) has net assets worth CN¥3.37 Billion CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥6.05 Billion) and total liabilities (CN¥2.67 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 | CN¥3.37 Billion |
| % of Total Assets | 55.78% |
| Annual Growth Rate | 17.13% |
| 5-Year Change | 13.98% |
| 10-Year Change | 57.52% |
| Growth Volatility | 37.09 |
Shandong Shengli Co Ltd - Net Assets Trend (1993–2024)
This chart illustrates how Shandong Shengli Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Shandong Shengli Co Ltd (1993–2024)
The table below shows the annual net assets of Shandong Shengli Co Ltd from 1993 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.31 Billion | +1.66% |
| 2023-12-31 | CN¥3.25 Billion | +5.08% |
| 2022-12-31 | CN¥3.10 Billion | +2.44% |
| 2021-12-31 | CN¥3.02 Billion | +4.15% |
| 2020-12-31 | CN¥2.90 Billion | -0.36% |
| 2019-12-31 | CN¥2.91 Billion | +6.38% |
| 2018-12-31 | CN¥2.74 Billion | +1.44% |
| 2017-12-31 | CN¥2.70 Billion | +7.12% |
| 2016-12-31 | CN¥2.52 Billion | +19.99% |
| 2015-12-31 | CN¥2.10 Billion | +3.63% |
| 2014-12-31 | CN¥2.03 Billion | +51.06% |
| 2013-12-31 | CN¥1.34 Billion | +1.97% |
| 2012-12-31 | CN¥1.32 Billion | -6.24% |
| 2011-12-31 | CN¥1.40 Billion | -3.68% |
| 2010-12-31 | CN¥1.46 Billion | +27.43% |
| 2009-12-31 | CN¥1.14 Billion | +19.95% |
| 2008-12-31 | CN¥952.65 Million | +27.45% |
| 2007-12-31 | CN¥747.49 Million | +11.28% |
| 2006-12-31 | CN¥671.69 Million | +5.86% |
| 2005-12-31 | CN¥634.51 Million | +4.60% |
| 2004-12-31 | CN¥606.58 Million | +0.05% |
| 2003-12-31 | CN¥606.30 Million | +3.49% |
| 2002-12-31 | CN¥585.87 Million | -2.39% |
| 2001-12-31 | CN¥600.20 Million | -8.16% |
| 2000-12-31 | CN¥653.55 Million | +46.48% |
| 1999-12-31 | CN¥446.15 Million | +13.62% |
| 1998-12-31 | CN¥392.68 Million | +27.44% |
| 1997-12-31 | CN¥308.11 Million | +70.96% |
| 1996-12-31 | CN¥180.22 Million | +119.32% |
| 1995-12-31 | CN¥82.18 Million | +24.78% |
| 1994-12-31 | CN¥65.86 Million | +167.60% |
| 1993-12-31 | CN¥24.61 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shandong Shengli 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 15500.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥843.89 Million | 28.53% |
| Common Stock | CN¥880.08 Million | 29.75% |
| Other Comprehensive Income | CN¥283.68 Million | 9.59% |
| Other Components | CN¥950.38 Million | 32.13% |
| Total Equity | CN¥2.96 Billion | 100.00% |
Shandong Shengli Co Ltd Competitors by Market Cap
The table below lists competitors of Shandong Shengli Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TSF INVESTMENTS LTD
NSE:TSFINV
|
$441.38 Million |
|
WideOpenWest Inc
NYSE:WOW
|
$441.57 Million |
|
GDH Supertime Group Co. Ltd. A
SHE:001338
|
$441.60 Million |
|
Sichuan Fulin Transportation Group Co Ltd
SHE:002357
|
$441.62 Million |
|
HERTZ GL. HOLD. INC. NEW
F:AZK0
|
$441.23 Million |
|
FEHTF
PINK:FEHTF
|
$441.13 Million |
|
Holy Stone Enterprise Co Ltd
TW:3026
|
$440.95 Million |
|
Dongguan Golden Sun Abrasives Co Ltd
SHE:300606
|
$440.75 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shandong Shengli Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,883,948,739 to 2,958,035,331, a change of 74,086,592 (2.6%).
- Net income of 117,241,568 contributed positively to equity growth.
- Dividend payments of 142,473,494 reduced retained earnings.
- Other comprehensive income increased equity by 17,083,325.
- Other factors increased equity by 82,235,193.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥117.24 Million | +3.96% |
| Dividends Paid | CN¥142.47 Million | -4.82% |
| Other Comprehensive Income | CN¥17.08 Million | +0.58% |
| Other Changes | CN¥82.24 Million | +2.78% |
| Total Change | CN¥- | 2.57% |
Book Value vs Market Value Analysis
This analysis compares Shandong Shengli 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: 1.50x
- 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 50.90x to 1.50x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1995-12-31 | CN¥0.10 | CN¥5.05 | x |
| 1996-12-31 | CN¥0.24 | CN¥5.05 | x |
| 1997-12-31 | CN¥0.41 | CN¥5.05 | x |
| 1998-12-31 | CN¥0.49 | CN¥5.05 | x |
| 1999-12-31 | CN¥0.54 | CN¥5.05 | x |
| 2000-12-31 | CN¥0.85 | CN¥5.05 | x |
| 2001-12-31 | CN¥0.79 | CN¥5.05 | x |
| 2002-12-31 | CN¥0.78 | CN¥5.05 | x |
| 2003-12-31 | CN¥0.82 | CN¥5.05 | x |
| 2004-12-31 | CN¥0.83 | CN¥5.05 | x |
| 2005-12-31 | CN¥0.86 | CN¥5.05 | x |
| 2006-12-31 | CN¥1.05 | CN¥5.05 | x |
| 2007-12-31 | CN¥0.95 | CN¥5.05 | x |
| 2008-12-31 | CN¥1.31 | CN¥5.05 | x |
| 2009-12-31 | CN¥1.53 | CN¥5.05 | x |
| 2010-12-31 | CN¥1.95 | CN¥5.05 | x |
| 2011-12-31 | CN¥1.69 | CN¥5.05 | x |
| 2012-12-31 | CN¥1.72 | CN¥5.05 | x |
| 2013-12-31 | CN¥1.46 | CN¥5.05 | x |
| 2014-12-31 | CN¥2.40 | CN¥5.05 | x |
| 2015-12-31 | CN¥2.50 | CN¥5.05 | x |
| 2016-12-31 | CN¥2.53 | CN¥5.05 | x |
| 2017-12-31 | CN¥2.44 | CN¥5.05 | x |
| 2018-12-31 | CN¥2.66 | CN¥5.05 | x |
| 2019-12-31 | CN¥2.75 | CN¥5.05 | x |
| 2020-12-31 | CN¥2.79 | CN¥5.05 | x |
| 2021-12-31 | CN¥2.97 | CN¥5.05 | x |
| 2022-12-31 | CN¥3.10 | CN¥5.05 | x |
| 2023-12-31 | CN¥3.20 | CN¥5.05 | x |
| 2024-12-31 | CN¥3.36 | CN¥5.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shandong Shengli 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): 3.96%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.77%
- • Asset Turnover: 0.64x
- • Equity Multiplier: 2.25x
- Recent ROE (3.96%) is below the historical average (6.85%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1995 | 23.81% | 5.97% | 1.61x | 2.47x | CN¥9.27 Million |
| 1996 | 15.31% | 7.67% | 1.07x | 1.86x | CN¥8.75 Million |
| 1997 | 11.33% | 6.91% | 0.83x | 1.97x | CN¥3.70 Million |
| 1998 | 13.08% | 4.80% | 1.17x | 2.32x | CN¥10.19 Million |
| 1999 | 14.98% | 5.11% | 1.30x | 2.26x | CN¥18.36 Million |
| 2000 | 7.21% | 4.35% | 0.92x | 1.80x | CN¥-16.09 Million |
| 2001 | 6.44% | 4.19% | 0.75x | 2.05x | CN¥-19.13 Million |
| 2002 | 3.49% | 2.61% | 0.62x | 2.17x | CN¥-34.20 Million |
| 2003 | 5.24% | 4.02% | 0.65x | 2.02x | CN¥-26.40 Million |
| 2004 | 3.11% | 2.08% | 0.70x | 2.13x | CN¥-38.60 Million |
| 2005 | 3.71% | 1.97% | 0.78x | 2.43x | CN¥-36.59 Million |
| 2006 | 6.45% | 3.89% | 0.60x | 2.78x | CN¥-22.01 Million |
| 2007 | 3.47% | 1.79% | 0.54x | 3.59x | CN¥-42.08 Million |
| 2008 | 24.17% | 11.32% | 0.86x | 2.48x | CN¥119.43 Million |
| 2009 | 20.56% | 14.13% | 0.61x | 2.40x | CN¥105.94 Million |
| 2010 | 20.00% | 11.64% | 0.69x | 2.49x | CN¥125.34 Million |
| 2011 | 0.59% | 0.32% | 0.73x | 2.55x | CN¥-115.84 Million |
| 2012 | -12.81% | -6.41% | 0.69x | 2.90x | CN¥-249.49 Million |
| 2013 | 1.85% | 0.92% | 0.64x | 3.13x | CN¥-90.83 Million |
| 2014 | 2.08% | 1.28% | 0.70x | 2.33x | CN¥-139.73 Million |
| 2015 | 1.60% | 1.15% | 0.60x | 2.31x | CN¥-150.91 Million |
| 2016 | -13.82% | -11.05% | 0.62x | 2.03x | CN¥-504.42 Million |
| 2017 | 2.86% | 1.63% | 0.76x | 2.32x | CN¥-155.17 Million |
| 2018 | 4.51% | 2.19% | 0.73x | 2.83x | CN¥-124.62 Million |
| 2019 | 8.42% | 3.81% | 0.82x | 2.69x | CN¥-38.25 Million |
| 2020 | 8.77% | 4.69% | 0.68x | 2.75x | CN¥-30.13 Million |
| 2021 | 4.21% | 2.42% | 0.65x | 2.69x | CN¥-151.30 Million |
| 2022 | 5.60% | 3.29% | 0.65x | 2.62x | CN¥-119.99 Million |
| 2023 | 5.32% | 3.28% | 0.67x | 2.41x | CN¥-135.00 Million |
| 2024 | 3.96% | 2.77% | 0.64x | 2.25x | CN¥-178.56 Million |
Industry Comparison
This section compares Shandong Shengli Co Ltd's net assets metrics with peer companies in the Oil & Gas Refining & Marketing industry.
Industry Context
- Industry: Oil & Gas Refining & Marketing
- Average net assets among peers: $1,048,400,772
- Average return on equity (ROE) among peers: 6.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shandong Shengli Co Ltd (000407) | CN¥3.37 Billion | 23.81% | 0.79x | $441.24 Million |
| Sinopec Shandong Taishan Petroleum Co Ltd (000554) | $861.32 Million | 8.86% | 0.07x | $422.57 Million |
| Jiangsu Gaoke Petrochemical Co (002778) | $648.37 Million | 19.37% | 1.53x | $205.21 Million |
| Ningbo Bohui Chemical Technology (300839) | $-4.85 Million | 0.00% | 0.00x | $262.66 Million |
| HY Energy Group Co Ltd (600387) | $275.82 Million | 13.33% | 2.55x | $37.68 Million |
| Lonyer Fuels (603003) | $3.32 Billion | -9.98% | 0.19x | $74.96 Million |
| Jiangsu Lopal Tech Co Ltd (603906) | $1.19 Billion | 7.78% | 0.40x | $1.12 Billion |