Shunfa Hengye Corp (000631) - Net Assets

Latest as of December 2025: CN¥6.02 Billion CNY ≈ $881.07 Million USD

Based on the latest financial reports, Shunfa Hengye Corp (000631) has net assets worth CN¥6.02 Billion CNY (≈ $881.07 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥7.49 Billion ≈ $1.10 Billion USD) and total liabilities (CN¥1.47 Billion ≈ $215.53 Million 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 000631 financial resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥6.02 Billion
% of Total Assets	80.35%
Annual Growth Rate	14.04%
5-Year Change	-4.46%
10-Year Change	7.31%
Growth Volatility	681.9

Shunfa Hengye Corp - Net Assets Trend (1993–2025)

This chart illustrates how Shunfa Hengye Corp's net assets have evolved over time, based on quarterly financial data. Also explore Shunfa Hengye Corp asset portfolio for the complete picture of this company's asset base.

Annual Net Assets for Shunfa Hengye Corp (1993–2025)

The table below shows the annual net assets of Shunfa Hengye Corp from 1993 to 2025. For live valuation and market cap data, see 000631 stock market capitalisation.

Year	Net Assets	Change
2025-12-31	CN¥6.02 Billion ≈ $881.07 Million	+3.48%
2024-12-31	CN¥5.82 Billion ≈ $851.47 Million	-2.13%
2023-12-31	CN¥5.95 Billion ≈ $870.01 Million	-4.21%
2022-12-31	CN¥6.21 Billion ≈ $908.26 Million	-1.52%
2021-12-31	CN¥6.30 Billion ≈ $922.24 Million	-0.68%
2020-12-31	CN¥6.35 Billion ≈ $928.52 Million	-3.09%
2019-12-31	CN¥6.55 Billion ≈ $958.08 Million	+1.07%
2018-12-31	CN¥6.48 Billion ≈ $947.92 Million	+5.98%
2017-12-31	CN¥6.11 Billion ≈ $894.45 Million	+8.94%
2016-12-31	CN¥5.61 Billion ≈ $821.07 Million	+49.12%
2015-12-31	CN¥3.76 Billion ≈ $550.60 Million	+6.63%
2014-12-31	CN¥3.53 Billion ≈ $516.38 Million	+17.35%
2013-12-31	CN¥3.01 Billion ≈ $440.03 Million	+6.90%
2012-12-31	CN¥2.81 Billion ≈ $411.63 Million	+23.95%
2011-12-31	CN¥2.27 Billion ≈ $332.09 Million	+29.68%
2010-12-31	CN¥1.75 Billion ≈ $256.08 Million	+33.74%
2009-12-31	CN¥1.31 Billion ≈ $191.48 Million	+3737.72%
2008-12-31	CN¥34.10 Million ≈ $4.99 Million	+120.58%
2007-12-31	CN¥-165.65 Million ≈ $-24.24 Million	+73.10%
2006-12-31	CN¥-615.75 Million ≈ $-90.10 Million	-474.93%
2005-12-31	CN¥-107.10 Million ≈ $-15.67 Million	-159.55%
2004-12-31	CN¥179.86 Million ≈ $26.32 Million	-80.38%
2003-12-31	CN¥916.69 Million ≈ $134.14 Million	-2.09%
2002-12-31	CN¥936.29 Million ≈ $137.01 Million	+21.65%
2001-12-31	CN¥769.69 Million ≈ $112.63 Million	-0.34%
2000-12-31	CN¥772.27 Million ≈ $113.01 Million	+61.60%
1999-12-31	CN¥477.88 Million ≈ $69.93 Million	+9.57%
1998-12-31	CN¥436.13 Million ≈ $63.82 Million	+48.95%
1997-12-31	CN¥292.80 Million ≈ $42.85 Million	+13.25%
1996-12-31	CN¥258.56 Million ≈ $37.83 Million	+112.72%
1995-12-31	CN¥121.55 Million ≈ $17.79 Million	+1.67%
1994-12-31	CN¥119.56 Million ≈ $17.49 Million	+32.85%
1993-12-31	CN¥89.99 Million ≈ $13.17 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 7677256.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥2.23 Billion	37.97%
Other Components	CN¥3.64 Billion	62.03%
Total Equity	CN¥5.86 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
Virtus Investment Partners, Inc. NASDAQ:VRTS	$1.08 Billion
MAC Copper Ltd AU:MAC	$1.08 Billion
Xinya Electronic Co Ltd SHG:605277	$1.08 Billion
Shenzhen Laibao High-Technology Co Ltd SHE:002106	$1.08 Billion
REX American Resources Corporation NYSE:REX	$1.08 Billion
Shanxi Sanwei Group Co Ltd SHE:000755	$1.08 Billion
Marten Transport Ltd NASDAQ:MRTN	$1.08 Billion
Nanjing Develop Advanced Manufacturing Co Ltd SHG:688377	$1.08 Billion

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 2024 to 2025, total equity changed from 5,749,733,974 to 5,863,145,441, a change of 113,411,467 (2.0%).
Net income of 58,977,136 contributed positively to equity growth.
Dividend payments of 75,711,335 reduced retained earnings.
Other comprehensive income decreased equity by 697,203,562.
Other factors increased equity by 827,349,228.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥58.98 Million	+1.01%
Dividends Paid	CN¥75.71 Million	-1.29%
Other Comprehensive Income	CN¥-697.20 Million	-11.89%
Other Changes	CN¥827.35 Million	+14.11%
Total Change	CN¥-	1.97%

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: 1.31x
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 27.17x to 1.31x 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¥3.21	x
1996-12-31	CN¥0.29	CN¥3.21	x
1997-12-31	CN¥0.32	CN¥3.21	x
1998-12-31	CN¥0.51	CN¥3.21	x
1999-12-31	CN¥0.55	CN¥3.21	x
2000-12-31	CN¥0.91	CN¥3.21	x
2001-12-31	CN¥0.90	CN¥3.21	x
2002-12-31	CN¥0.96	CN¥3.21	x
2003-12-31	CN¥0.85	CN¥3.21	x
2004-12-31	CN¥0.10	CN¥3.21	x
2005-12-31	CN¥-0.14	CN¥3.21	x
2006-12-31	CN¥-0.79	CN¥3.21	x
2007-12-31	CN¥-0.26	CN¥3.21	x
2008-12-31	CN¥0.02	CN¥3.21	x
2009-12-31	CN¥0.60	CN¥3.21	x
2010-12-31	CN¥0.82	CN¥3.21	x
2011-12-31	CN¥1.05	CN¥3.21	x
2012-12-31	CN¥1.30	CN¥3.21	x
2013-12-31	CN¥1.38	CN¥3.21	x
2014-12-31	CN¥1.63	CN¥3.21	x
2015-12-31	CN¥1.73	CN¥3.21	x
2016-12-31	CN¥2.44	CN¥3.21	x
2017-12-31	CN¥2.47	CN¥3.21	x
2018-12-31	CN¥2.61	CN¥3.21	x
2019-12-31	CN¥2.68	CN¥3.21	x
2020-12-31	CN¥2.61	CN¥3.21	x
2021-12-31	CN¥2.77	CN¥3.21	x
2022-12-31	CN¥2.66	CN¥3.21	x
2023-12-31	CN¥2.69	CN¥3.21	x
2024-12-31	CN¥2.63	CN¥3.21	x
2025-12-31	CN¥2.45	CN¥3.21	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): 1.01%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 11.96%
• Asset Turnover: 0.07x
• Equity Multiplier: 1.28x
Recent ROE (1.01%) is below the historical average (33.20%), 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
2025	1.01%	11.96%	0.07x	1.28x	CN¥-527.34 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: $14,185,137,300
Average return on equity (ROE) among peers: 8.46%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Shunfa Hengye Corp (000631)	CN¥6.02 Billion	15.35%	0.24x	$1.08 Billion
China Vanke Co Ltd Class A (000002)	$105.44 Billion	14.34%	3.54x	$5.56 Billion
Shenzhen Zhenye Group Co Ltd (000006)	$5.71 Billion	14.12%	1.30x	$1.92 Billion
Shenzhen Properties & Resources Development Group Ltd (000011)	$2.41 Billion	14.72%	1.76x	$623.95 Million
Shahe Industry Co Ltd (000014)	$993.60 Million	4.93%	1.56x	$467.53 Million
Grandjoy Holdings Group Co Ltd (000031)	$1.05 Billion	5.59%	0.57x	$1.92 Billion
China Union Holdings Ltd (000036)	$1.02 Billion	7.97%	1.19x	$1.15 Billion
Shenzhen Centralcon Investment Holding Co Ltd (000042)	$1.91 Billion	10.58%	1.82x	$936.86 Million
Shenzhen Wongtee International Enterprise Co Ltd (000056)	$5.81 Billion	1.56%	1.28x	$239.16 Million
Financial Street Holdings Co Ltd (000402)	$17.24 Billion	10.34%	2.14x	$1.39 Billion
Chongqing Yukaifa Co Ltd (000514)	$280.39 Million	0.42%	2.43x	$608.71 Million

About Shunfa Hengye Corp

SHE:000631 China Real Estate - Development

Market Cap

$1.08 Billion

CN¥7.38 Billion CNY

Market Cap Rank

#8773 Global

#2313 in China

Share Price

CN¥3.21

Change (1 day)

-0.31%

52-Week Range

CN¥2.79 - CN¥4.29

All Time High

CN¥5.48