Gansu Shangfeng Cement Co Ltd

SHE:000672 China Building Materials
Market Cap
$1.82 Billion
CN¥13.38 Billion CNY
Market Cap Rank
#8322 Global
#1561 in China
Share Price
CN¥13.80
Change (1 day)
-0.22%
52-Week Range
CN¥7.56 - CN¥15.80
All Time High
CN¥29.01
Categories
Companies in China Building Materials
About

Gansu Shangfeng Cement Co.,Ltd manufactures and sells building materials, and cement and cement clinker products in China. It offers dry powder mortar; clinker, concrete, sand and gravel aggregates, and other building materials; and oil well special cement, which are used in railways, highways, machinery, farms, water conservancy projects, oil wells, or large-scale heavy industrial facilities, as… Read more

Gansu Shangfeng Cement Co Ltd (000672) - Net Assets

Latest net assets as of September 2025: CN¥9.68 Billion CNY

Based on the latest financial reports, Gansu Shangfeng Cement Co Ltd (000672) has net assets worth CN¥9.68 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¥16.88 Billion) and total liabilities (CN¥7.20 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¥9.68 Billion
% of Total Assets 57.35%
Annual Growth Rate 17.91%
5-Year Change 34.76%
10-Year Change 417.8%
Growth Volatility 986.73

Gansu Shangfeng Cement Co Ltd - Net Assets Trend (1993–2024)

This chart illustrates how Gansu Shangfeng Cement 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 Gansu Shangfeng Cement Co Ltd (1993–2024)

The table below shows the annual net assets of Gansu Shangfeng Cement Co Ltd from 1993 to 2024.

Year Net Assets Change
2024-12-31 CN¥9.66 Billion +0.70%
2023-12-31 CN¥9.59 Billion +4.23%
2022-12-31 CN¥9.20 Billion +1.84%
2021-12-31 CN¥9.03 Billion +26.06%
2020-12-31 CN¥7.16 Billion +23.96%
2019-12-31 CN¥5.78 Billion +62.05%
2018-12-31 CN¥3.57 Billion +51.70%
2017-12-31 CN¥2.35 Billion +46.65%
2016-12-31 CN¥1.60 Billion -14.02%
2015-12-31 CN¥1.86 Billion +4.99%
2014-12-31 CN¥1.78 Billion +20.69%
2013-12-31 CN¥1.47 Billion +5501.05%
2012-12-31 CN¥26.27 Million +3.60%
2011-12-31 CN¥25.36 Million +14.04%
2010-12-31 CN¥22.24 Million +26.34%
2009-12-31 CN¥17.60 Million +42.77%
2008-12-31 CN¥12.33 Million +84.29%
2007-12-31 CN¥6.69 Million +135.67%
2006-12-31 CN¥-18.75 Million -167.09%
2005-12-31 CN¥27.95 Million -82.47%
2004-12-31 CN¥159.51 Million -38.18%
2003-12-31 CN¥258.03 Million +10.86%
2002-12-31 CN¥232.75 Million -14.81%
2001-12-31 CN¥273.22 Million +113.07%
2000-12-31 CN¥128.23 Million +13.46%
1999-12-31 CN¥113.02 Million +9.26%
1998-12-31 CN¥103.44 Million +11.14%
1997-12-31 CN¥93.07 Million +12.05%
1996-12-31 CN¥83.06 Million +15.04%
1995-12-31 CN¥72.21 Million +12.26%
1994-12-31 CN¥64.32 Million +10.04%
1993-12-31 CN¥58.46 Million --

Equity Component Analysis

This analysis shows how different components contribute to Gansu Shangfeng Cement 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 3097122.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥8.79 Billion 98.27%
Common Stock CN¥969.40 Million 10.83%
Other Comprehensive Income CN¥39.53 Million 0.44%
Total Equity CN¥8.95 Billion 100.00%

Gansu Shangfeng Cement Co Ltd Competitors by Market Cap

The table below lists competitors of Gansu Shangfeng Cement Co Ltd ranked by their market capitalization.

Company Market Cap
Guangdong Goworld Co Ltd
SHE:000823
 		$782.76 Million
Hainan Strait Shipping Co Ltd
SHE:002320
 		$782.78 Million
Schiehallion Fund Ltd
LSE:MNTN
 		$782.78 Million
China Railway Materials Co Ltd
SHE:000927
 		$782.90 Million
Jilin OLED Material Tech Co Ltd
SHG:688378
 		$782.07 Million
Elite Semiconductor Memory Technology Inc
TW:3006
 		$781.48 Million
Pursuit Attractions and Hospitality, Inc.
NYSE:PRSU
 		$781.31 Million
Sprinklr Inc
NYSE:CXM
 		$781.23 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Gansu Shangfeng Cement Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 8,839,507,428 to 8,948,861,025, a change of 109,353,597 (1.2%).
  • Net income of 627,453,458 contributed positively to equity growth.
  • Dividend payments of 525,470,220 reduced retained earnings.
  • Share repurchases of 100,016,018 reduced equity.
  • Other comprehensive income decreased equity by 35,667,995.
  • Other factors increased equity by 143,054,372.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥627.45 Million +7.01%
Dividends Paid CN¥525.47 Million -5.87%
Share Repurchases CN¥100.02 Million -1.12%
Other Comprehensive Income CN¥-35.67 Million -0.4%
Other Changes CN¥143.05 Million +1.6%
Total Change CN¥- 1.24%

Book Value vs Market Value Analysis

This analysis compares Gansu Shangfeng Cement 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: 1.46x
  • 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 50.87x to 1.46x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1993-12-31 CN¥0.27 CN¥13.80 x
1994-12-31 CN¥0.30 CN¥13.80 x
1995-12-31 CN¥0.34 CN¥13.80 x
1996-12-31 CN¥0.39 CN¥13.80 x
1997-12-31 CN¥0.43 CN¥13.80 x
1998-12-31 CN¥0.48 CN¥13.80 x
1999-12-31 CN¥0.52 CN¥13.80 x
2000-12-31 CN¥0.56 CN¥13.80 x
2001-12-31 CN¥1.19 CN¥13.80 x
2002-12-31 CN¥1.01 CN¥13.80 x
2003-12-31 CN¥1.03 CN¥13.80 x
2004-12-31 CN¥0.52 CN¥13.80 x
2005-12-31 CN¥0.13 CN¥13.80 x
2006-12-31 CN¥-0.07 CN¥13.80 x
2007-12-31 CN¥0.03 CN¥13.80 x
2008-12-31 CN¥0.05 CN¥13.80 x
2009-12-31 CN¥0.07 CN¥13.80 x
2010-12-31 CN¥0.09 CN¥13.80 x
2011-12-31 CN¥0.10 CN¥13.80 x
2012-12-31 CN¥0.04 CN¥13.80 x
2013-12-31 CN¥1.63 CN¥13.80 x
2014-12-31 CN¥1.80 CN¥13.80 x
2015-12-31 CN¥1.49 CN¥13.80 x
2016-12-31 CN¥1.52 CN¥13.80 x
2017-12-31 CN¥2.29 CN¥13.80 x
2018-12-31 CN¥3.54 CN¥13.80 x
2019-12-31 CN¥5.64 CN¥13.80 x
2020-12-31 CN¥7.04 CN¥13.80 x
2021-12-31 CN¥8.60 CN¥13.80 x
2022-12-31 CN¥8.78 CN¥13.80 x
2023-12-31 CN¥9.26 CN¥13.80 x
2024-12-31 CN¥9.44 CN¥13.80 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Gansu Shangfeng Cement 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): 7.01%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 11.52%
  • • Asset Turnover: 0.31x
  • • Equity Multiplier: 1.96x
  • Recent ROE (7.01%) is below the historical average (24.62%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1993 1.60% 2.16% 0.52x 1.42x CN¥-4.91 Million
1994 7.19% 6.27% 0.54x 2.11x CN¥-1.81 Million
1995 8.61% 6.01% 0.63x 2.26x CN¥-1.01 Million
1996 10.30% 8.44% 0.48x 2.56x CN¥251.23K
1997 11.07% 8.74% 0.47x 2.68x CN¥997.82K
1998 7.31% 29.30% 0.08x 2.98x CN¥-2.78 Million
1999 12.46% 20.21% 0.23x 2.68x CN¥2.76 Million
2000 9.15% 11.99% 0.25x 3.04x CN¥-1.02 Million
2001 3.24% 6.76% 0.16x 3.02x CN¥-17.37 Million
2002 -23.86% -149.98% 0.09x 1.82x CN¥-73.84 Million
2003 0.48% 7.89% 0.03x 1.84x CN¥-21.15 Million
2004 -85.15% -334.44% 0.07x 3.80x CN¥-105.61 Million
2005 -388.14% -704.69% 0.07x 8.38x CN¥-111.30 Million
2006 0.00% -474.73% 0.05x 0.00x CN¥-42.77 Million
2007 454.86% 325.59% 0.07x 20.68x CN¥29.76 Million
2008 45.74% 58.51% 0.06x 12.17x CN¥4.41 Million
2009 20.30% 26.32% 0.11x 7.03x CN¥1.81 Million
2010 20.85% 22.88% 0.21x 4.26x CN¥2.41 Million
2011 12.31% 15.39% 0.21x 3.80x CN¥585.24K
2012 402.35% 5.03% 21.78x 3.67x CN¥103.08 Million
2013 17.87% 10.25% 0.77x 2.27x CN¥114.83 Million
2014 21.33% 13.54% 0.71x 2.22x CN¥196.80 Million
2015 4.48% 3.62% 0.46x 2.69x CN¥-95.98 Million
2016 9.90% 4.98% 0.50x 3.96x CN¥-1.46 Million
2017 35.28% 17.26% 0.77x 2.67x CN¥567.37 Million
2018 42.62% 27.76% 0.76x 2.03x CN¥1.13 Billion
2019 42.94% 31.46% 0.75x 1.82x CN¥1.79 Billion
2020 29.90% 31.49% 0.57x 1.67x CN¥1.35 Billion
2021 26.24% 26.16% 0.55x 1.82x CN¥1.35 Billion
2022 11.28% 13.30% 0.44x 1.93x CN¥107.49 Million
2023 8.42% 11.63% 0.36x 2.03x CN¥-139.67 Million
2024 7.01% 11.52% 0.31x 1.96x CN¥-267.43 Million

Industry Comparison

This section compares Gansu Shangfeng Cement Co Ltd's net assets metrics with peer companies in the Building Materials industry.

Industry Context

  • Industry: Building Materials
  • Average net assets among peers: $6,034,664,957
  • Average return on equity (ROE) among peers: 7.32%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Gansu Shangfeng Cement Co Ltd (000672) CN¥9.68 Billion 1.60% 0.74x $782.48 Million
CSG Holding Co Ltd (000012) $1.98 Billion 5.22% 0.62x $1.58 Billion
Tangshan Jidong Cement Co Ltd (000401) $30.60 Billion -4.84% 0.96x $788.07 Million
Jiangxi Wannianqing Cement Co Ltd (000789) $2.61 Billion 19.37% 1.69x $284.38 Million
Xinjiang Tianshan Cement Co Ltd (000877) $5.40 Billion 20.92% 1.84x $799.89 Million
Sinostone Guangdong Co Ltd (001212) $1.42 Billion 6.07% 0.18x $798.00 Million
Ruitai Materials Technology Co Ltd (002066) $882.60 Million 6.49% 1.50x $387.51 Million
Guangdong Tapai Group Co Ltd (002233) $3.82 Billion 10.48% 0.43x $830.46 Million
China West Construction Group Co Ltd (002302) $6.71 Billion 1.58% 1.72x $381.07 Million
Hubei Guochuang Hi-tech Material Co Ltd (002377) $895.70 Million 0.58% 0.68x $309.88 Million