Shunfa Hengye Corp
Shunfa Hengneng Corporation engages in the real estate development and operation business. The company primarily develops residential real estate projects. It also engages in the natural gas power generation and on-grid sales; supporting mechanical and electrical equipment production and sales; and sale of hot water produced by waste heat, as well as power grid auxiliary service project developme… Read more
Shunfa Hengye Corp (000631) - Net Assets
Latest net assets as of September 2025: CN¥6.02 Billion CNY
Based on the latest financial reports, Shunfa Hengye Corp (000631) has net assets worth CN¥6.02 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¥7.68 Billion) and total liabilities (CN¥1.66 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¥6.02 Billion |
| % of Total Assets | 78.35% |
| Annual Growth Rate | 14.39% |
| 5-Year Change | -8.3% |
| 10-Year Change | 54.64% |
| Growth Volatility | 693.49 |
Shunfa Hengye Corp - Net Assets Trend (1993–2024)
This chart illustrates how Shunfa Hengye Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Shunfa Hengye Corp (1993–2024)
The table below shows the annual net assets of Shunfa Hengye Corp from 1993 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥5.82 Billion | -2.13% |
| 2023-12-31 | CN¥5.95 Billion | -4.21% |
| 2022-12-31 | CN¥6.21 Billion | -1.52% |
| 2021-12-31 | CN¥6.30 Billion | -0.68% |
| 2020-12-31 | CN¥6.35 Billion | -3.09% |
| 2019-12-31 | CN¥6.55 Billion | +1.07% |
| 2018-12-31 | CN¥6.48 Billion | +5.98% |
| 2017-12-31 | CN¥6.11 Billion | +8.94% |
| 2016-12-31 | CN¥5.61 Billion | +49.12% |
| 2015-12-31 | CN¥3.76 Billion | +6.63% |
| 2014-12-31 | CN¥3.53 Billion | +17.35% |
| 2013-12-31 | CN¥3.01 Billion | +6.90% |
| 2012-12-31 | CN¥2.81 Billion | +23.95% |
| 2011-12-31 | CN¥2.27 Billion | +29.68% |
| 2010-12-31 | CN¥1.75 Billion | +33.74% |
| 2009-12-31 | CN¥1.31 Billion | +3737.72% |
| 2008-12-31 | CN¥34.10 Million | +120.58% |
| 2007-12-31 | CN¥-165.65 Million | +73.10% |
| 2006-12-31 | CN¥-615.75 Million | -474.93% |
| 2005-12-31 | CN¥-107.10 Million | -159.55% |
| 2004-12-31 | CN¥179.86 Million | -80.38% |
| 2003-12-31 | CN¥916.69 Million | -2.09% |
| 2002-12-31 | CN¥936.29 Million | +21.65% |
| 2001-12-31 | CN¥769.69 Million | -0.34% |
| 2000-12-31 | CN¥772.27 Million | +61.60% |
| 1999-12-31 | CN¥477.88 Million | +9.57% |
| 1998-12-31 | CN¥436.13 Million | +48.95% |
| 1997-12-31 | CN¥292.80 Million | +13.25% |
| 1996-12-31 | CN¥258.56 Million | +112.72% |
| 1995-12-31 | CN¥121.55 Million | +1.67% |
| 1994-12-31 | CN¥119.56 Million | +32.85% |
| 1993-12-31 | CN¥89.99 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shunfa Hengye Corp'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 7269075.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.11 Billion | 36.66% |
| Common Stock | CN¥2.40 Billion | 41.66% |
| Other Comprehensive Income | CN¥697.20 Million | 12.13% |
| Other Components | CN¥549.19 Million | 9.55% |
| Total Equity | CN¥5.75 Billion | 100.00% |
Shunfa Hengye Corp Competitors by Market Cap
The table below lists competitors of Shunfa Hengye Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Leedarson IoT Technology Inc
SHG:605365
|
$232.89 Million |
|
Shenzhen Longtech Smart Control Co. Ltd.
SHE:300916
|
$232.93 Million |
|
SuperAlloy Industrial Co., Ltd.
TW:1563
|
$232.99 Million |
|
Baida Group Co Ltd
SHG:600865
|
$233.05 Million |
|
CoCreation Grass Co Ltd
SHG:605099
|
$232.64 Million |
|
Intracom Holdings S.A.
AT:INTRK
|
$232.64 Million |
|
Cheng Mei Materials Technology Corp
TW:4960
|
$232.59 Million |
|
Shui On Land Limited
F:OL5
|
$232.56 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shunfa Hengye Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,883,156,449 to 5,749,733,974, a change of -133,422,475 (-2.3%).
- Net income of 84,892,000 contributed positively to equity growth.
- Dividend payments of 234,168,447 reduced retained earnings.
- Other comprehensive income increased equity by 60,254,789.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥84.89 Million | +1.48% |
| Dividends Paid | CN¥234.17 Million | -4.07% |
| Other Comprehensive Income | CN¥60.25 Million | +1.05% |
| Other Changes | CN¥-44.40 Million | -0.77% |
| Total Change | CN¥- | -2.27% |
Book Value vs Market Value Analysis
This analysis compares Shunfa Hengye Corp'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: 1.51x
- 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 33.51x to 1.51x 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¥0.12 | CN¥3.96 | x |
| 1996-12-31 | CN¥0.29 | CN¥3.96 | x |
| 1997-12-31 | CN¥0.32 | CN¥3.96 | x |
| 1998-12-31 | CN¥0.51 | CN¥3.96 | x |
| 1999-12-31 | CN¥0.55 | CN¥3.96 | x |
| 2000-12-31 | CN¥0.91 | CN¥3.96 | x |
| 2001-12-31 | CN¥0.90 | CN¥3.96 | x |
| 2002-12-31 | CN¥0.96 | CN¥3.96 | x |
| 2003-12-31 | CN¥0.85 | CN¥3.96 | x |
| 2004-12-31 | CN¥0.10 | CN¥3.96 | x |
| 2005-12-31 | CN¥-0.14 | CN¥3.96 | x |
| 2006-12-31 | CN¥-0.79 | CN¥3.96 | x |
| 2007-12-31 | CN¥-0.26 | CN¥3.96 | x |
| 2008-12-31 | CN¥0.02 | CN¥3.96 | x |
| 2009-12-31 | CN¥0.60 | CN¥3.96 | x |
| 2010-12-31 | CN¥0.82 | CN¥3.96 | x |
| 2011-12-31 | CN¥1.05 | CN¥3.96 | x |
| 2012-12-31 | CN¥1.30 | CN¥3.96 | x |
| 2013-12-31 | CN¥1.38 | CN¥3.96 | x |
| 2014-12-31 | CN¥1.63 | CN¥3.96 | x |
| 2015-12-31 | CN¥1.73 | CN¥3.96 | x |
| 2016-12-31 | CN¥2.44 | CN¥3.96 | x |
| 2017-12-31 | CN¥2.47 | CN¥3.96 | x |
| 2018-12-31 | CN¥2.61 | CN¥3.96 | x |
| 2019-12-31 | CN¥2.68 | CN¥3.96 | x |
| 2020-12-31 | CN¥2.61 | CN¥3.96 | x |
| 2021-12-31 | CN¥2.77 | CN¥3.96 | x |
| 2022-12-31 | CN¥2.66 | CN¥3.96 | x |
| 2023-12-31 | CN¥2.69 | CN¥3.96 | x |
| 2024-12-31 | CN¥2.63 | CN¥3.96 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shunfa Hengye Corp 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): 1.48%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 27.10%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 1.20x
- Recent ROE (1.48%) is below the historical average (34.27%), 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 | 15.35% | 9.95% | 0.65x | 2.36x | CN¥4.99 Million |
| 1996 | 12.35% | 23.03% | 0.31x | 1.74x | CN¥5.34 Million |
| 1997 | 10.50% | 17.29% | 0.33x | 1.82x | CN¥1.28 Million |
| 1998 | 13.66% | 23.20% | 0.36x | 1.62x | CN¥14.76 Million |
| 1999 | 11.05% | 28.14% | 0.27x | 1.44x | CN¥4.56 Million |
| 2000 | 4.76% | 12.75% | 0.23x | 1.63x | CN¥-37.83 Million |
| 2001 | 6.16% | 10.53% | 0.32x | 1.84x | CN¥-27.37 Million |
| 2002 | 5.67% | 8.70% | 0.20x | 3.28x | CN¥-32.64 Million |
| 2003 | -10.11% | -9.24% | 0.23x | 4.74x | CN¥-135.33 Million |
| 2004 | -456.26% | -45.18% | 0.32x | 31.38x | CN¥-373.68 Million |
| 2005 | 0.00% | -31.24% | 0.26x | 0.00x | CN¥-116.06 Million |
| 2006 | 0.00% | 63505.59% | 0.00x | 0.00x | CN¥89.41 Million |
| 2007 | 0.00% | 0.00% | 0.00x | 0.00x | CN¥476.02 Million |
| 2008 | 1219.49% | 17.57% | 8.09x | 8.58x | CN¥412.39 Million |
| 2009 | 21.86% | 17.70% | 0.22x | 5.52x | CN¥155.25 Million |
| 2010 | 24.22% | 22.48% | 0.20x | 5.45x | CN¥248.89 Million |
| 2011 | 23.02% | 24.22% | 0.20x | 4.69x | CN¥295.43 Million |
| 2012 | 20.77% | 21.12% | 0.25x | 3.94x | CN¥302.88 Million |
| 2013 | 20.28% | 21.72% | 0.22x | 4.28x | CN¥309.13 Million |
| 2014 | 16.56% | 11.91% | 0.41x | 3.39x | CN¥231.62 Million |
| 2015 | 8.69% | 9.41% | 0.29x | 3.16x | CN¥-49.39 Million |
| 2016 | 6.56% | 10.08% | 0.22x | 2.98x | CN¥-192.06 Million |
| 2017 | 12.56% | 12.24% | 0.46x | 2.25x | CN¥155.78 Million |
| 2018 | 16.11% | 37.84% | 0.22x | 1.98x | CN¥389.64 Million |
| 2019 | 9.35% | 36.90% | 0.20x | 1.28x | CN¥-42.41 Million |
| 2020 | 4.22% | 40.94% | 0.09x | 1.18x | CN¥-364.19 Million |
| 2021 | 1.54% | 35.13% | 0.03x | 1.46x | CN¥-525.34 Million |
| 2022 | 2.63% | 52.71% | 0.03x | 1.49x | CN¥-453.13 Million |
| 2023 | 5.63% | 14.81% | 0.33x | 1.15x | CN¥-256.99 Million |
| 2024 | 1.48% | 27.10% | 0.05x | 1.20x | CN¥-490.08 Million |
Industry Comparison
This section compares Shunfa Hengye Corp's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $9,981,031,371
- Average return on equity (ROE) among peers: 6.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shunfa Hengye Corp (000631) | CN¥6.02 Billion | 15.35% | 0.28x | $232.85 Million |
| China Vanke Co Ltd Class A (000002) | $2.15 Billion | 10.68% | 1.09x | $5.28 Billion |
| Shenzhen Zhenye Group Co Ltd (000006) | $2.89 Billion | 15.02% | 1.88x | $1.04 Billion |
| Shahe Industry Co Ltd (000014) | $605.85 Million | 8.96% | 1.98x | $312.36 Million |
| Grandjoy Holdings Group Co Ltd (000031) | $52.09 Billion | 0.21% | 3.08x | $571.80 Million |
| China Union Holdings Ltd (000036) | $2.68 Billion | 2.58% | 1.41x | $356.29 Million |
| Shenzhen Centralcon Investment Holding Co Ltd (000042) | $1.74 Billion | 0.39% | 2.19x | $315.70 Million |
| Shenzhen Wongtee International Enterprise Co Ltd (000056) | $5.55 Billion | 0.90% | 1.24x | $213.53 Million |
| Financial Street Holdings Co Ltd (000402) | $31.13 Billion | 9.01% | 2.62x | $785.44 Million |
| Chongqing Yukaifa Co Ltd (000514) | $147.43 Million | 10.06% | 0.84x | $208.71 Million |
| Rongan Property Co Ltd (000517) | $819.92 Million | 2.19% | 0.80x | $214.19 Million |