Sanxiang Co Ltd

SHE:000863 China Real Estate Services
Market Cap
$899.54 Million
CN¥6.60 Billion CNY
Market Cap Rank
#10566 Global
#2364 in China
Share Price
CN¥5.59
Change (1 day)
-1.24%
52-Week Range
CN¥3.28 - CN¥6.71
All Time High
CN¥11.20
Categories
Companies in China Real Estate Services
About

Sanxiang Impression Co., Ltd. engages in the development of real estate properties in China. It develops residential, commercial, office, and apartments. The company is also involved in the building materials processing; decoration design; real estate brokerage; and property management services, as well as building materials processing and installation business. In addition, it manufactures and i… Read more

Sanxiang Co Ltd (000863) - Net Assets

Latest net assets as of September 2025: CN¥4.04 Billion CNY

Based on the latest financial reports, Sanxiang Co Ltd (000863) has net assets worth CN¥4.04 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¥5.88 Billion) and total liabilities (CN¥1.84 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¥4.04 Billion
% of Total Assets 68.75%
Annual Growth Rate 18.25%
5-Year Change -13.43%
10-Year Change 34.29%
Growth Volatility 90.99

Sanxiang Co Ltd - Net Assets Trend (1994–2024)

This chart illustrates how Sanxiang 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 Sanxiang Co Ltd (1994–2024)

The table below shows the annual net assets of Sanxiang Co Ltd from 1994 to 2024.

Year Net Assets Change
2024-12-31 CN¥4.05 Billion -0.72%
2023-12-31 CN¥4.08 Billion -1.03%
2022-12-31 CN¥4.12 Billion -2.63%
2021-12-31 CN¥4.23 Billion -9.52%
2020-12-31 CN¥4.68 Billion -17.98%
2019-12-31 CN¥5.70 Billion +2.26%
2018-12-31 CN¥5.57 Billion -12.25%
2017-12-31 CN¥6.35 Billion -4.07%
2016-12-31 CN¥6.62 Billion +119.73%
2015-12-31 CN¥3.01 Billion -1.87%
2014-12-31 CN¥3.07 Billion +58.06%
2013-12-31 CN¥1.94 Billion +39.62%
2012-12-31 CN¥1.39 Billion +42.36%
2011-12-31 CN¥977.50 Million +195.38%
2010-12-31 CN¥-1.02 Billion +0.48%
2009-12-31 CN¥-1.03 Billion +0.72%
2008-12-31 CN¥-1.04 Billion +0.31%
2007-12-31 CN¥-1.04 Billion +3.09%
2006-12-31 CN¥-1.07 Billion -256.66%
2005-12-31 CN¥-301.00 Million -311.07%
2004-12-31 CN¥142.61 Million -55.69%
2003-12-31 CN¥321.86 Million -0.73%
2002-12-31 CN¥324.21 Million +5.45%
2001-12-31 CN¥307.46 Million +3.77%
2000-12-31 CN¥296.30 Million +14.03%
1999-12-31 CN¥259.84 Million +69.85%
1998-12-31 CN¥152.98 Million +15.51%
1997-12-31 CN¥132.44 Million +272.11%
1996-12-31 CN¥35.59 Million +15.70%
1995-12-31 CN¥30.76 Million +16.13%
1994-12-31 CN¥26.49 Million --

Equity Component Analysis

This analysis shows how different components contribute to Sanxiang 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 21649.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥945.02 Million 21.05%
Common Stock CN¥677.73 Million 15.10%
Other Comprehensive Income CN¥368.10K 0.01%
Other Components CN¥2.87 Billion 63.85%
Total Equity CN¥4.49 Billion 100.00%

Sanxiang Co Ltd Competitors by Market Cap

The table below lists competitors of Sanxiang Co Ltd ranked by their market capitalization.

Company Market Cap
Jupiter Wagons Limited
NSE:JWL
 		$471.39 Million
Central Plaza Hotel Public Company Limited
BK:CENTEL
 		$471.57 Million
Zhejiang Yongjin Metal Technology Co Ltd
SHG:603995
 		$471.63 Million
Dexus Industria REIT
AU:DXI
 		$471.85 Million
Jianmin Pharmaceutical Group Co Ltd
SHG:600976
 		$471.12 Million
Klöckner & Co SE
PINK:KLKNF
 		$471.12 Million
Jilin Yatai Group Co Ltd
SHG:600881
 		$470.97 Million
INVESTIS HOLDING SF-,10
F:IYP
 		$470.95 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 4,470,393,889 to 4,489,770,562, a change of 19,376,673 (0.4%).
  • Net income of 19,277,902 contributed positively to equity growth.
  • Dividend payments of 19,022,116 reduced retained earnings.
  • Other comprehensive income increased equity by 98,770.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥19.28 Million +0.43%
Dividends Paid CN¥19.02 Million -0.42%
Other Comprehensive Income CN¥98.77K +0.0%
Other Changes CN¥19.02 Million +0.42%
Total Change CN¥- 0.43%

Book Value vs Market Value Analysis

This analysis compares Sanxiang 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: 1.20x
  • 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 37.71x to 1.20x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1994-12-31 CN¥0.15 CN¥5.59 x
1995-12-31 CN¥0.17 CN¥5.59 x
1996-12-31 CN¥0.20 CN¥5.59 x
1997-12-31 CN¥0.67 CN¥5.59 x
1998-12-31 CN¥0.77 CN¥5.59 x
1999-12-31 CN¥1.26 CN¥5.59 x
2000-12-31 CN¥1.42 CN¥5.59 x
2001-12-31 CN¥1.58 CN¥5.59 x
2002-12-31 CN¥1.68 CN¥5.59 x
2003-12-31 CN¥1.79 CN¥5.59 x
2004-12-31 CN¥0.78 CN¥5.59 x
2005-12-31 CN¥-1.70 CN¥5.59 x
2006-12-31 CN¥-6.15 CN¥5.59 x
2007-12-31 CN¥-5.84 CN¥5.59 x
2008-12-31 CN¥-6.36 CN¥5.59 x
2009-12-31 CN¥-6.46 CN¥5.59 x
2010-12-31 CN¥-1.84 CN¥5.59 x
2011-12-31 CN¥1.66 CN¥5.59 x
2012-12-31 CN¥1.85 CN¥5.59 x
2013-12-31 CN¥2.49 CN¥5.59 x
2014-12-31 CN¥3.88 CN¥5.59 x
2015-12-31 CN¥3.13 CN¥5.59 x
2016-12-31 CN¥5.23 CN¥5.59 x
2017-12-31 CN¥4.58 CN¥5.59 x
2018-12-31 CN¥4.09 CN¥5.59 x
2019-12-31 CN¥4.35 CN¥5.59 x
2020-12-31 CN¥4.16 CN¥5.59 x
2021-12-31 CN¥3.86 CN¥5.59 x
2022-12-31 CN¥3.79 CN¥5.59 x
2023-12-31 CN¥3.62 CN¥5.59 x
2024-12-31 CN¥4.66 CN¥5.59 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Sanxiang 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): 0.43%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 1.59%
  • • Asset Turnover: 0.20x
  • • Equity Multiplier: 1.36x
  • Recent ROE (0.43%) is below the historical average (6.09%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1994 53.94% 19.85% 0.68x 3.99x CN¥11.64 Million
1995 54.53% 18.80% 0.75x 3.86x CN¥13.70 Million
1996 36.65% 18.35% 0.79x 2.54x CN¥9.48 Million
1997 11.59% 22.55% 0.33x 1.56x CN¥1.91 Million
1998 12.17% 23.21% 0.35x 1.51x CN¥2.98 Million
1999 7.56% 16.77% 0.31x 1.46x CN¥-5.50 Million
2000 13.18% 16.90% 0.43x 1.82x CN¥8.10 Million
2001 11.26% 3.89% 0.94x 3.09x CN¥3.58 Million
2002 5.75% 1.73% 1.03x 3.23x CN¥-12.77 Million
2003 5.92% 2.19% 0.81x 3.34x CN¥-13.08 Million
2004 -131.51% -22.71% 0.69x 8.42x CN¥-195.94 Million
2005 0.00% -199.91% 0.34x 0.00x CN¥-412.19 Million
2006 0.00% -339.53% 0.89x 0.00x CN¥-664.12 Million
2007 0.00% 11.00% 1.03x 0.00x CN¥134.69 Million
2008 0.00% 16.53% 0.15x 0.00x CN¥108.72 Million
2009 0.00% 329.97% 0.01x 0.00x CN¥110.71 Million
2010 0.00% 281.98% 0.01x 0.00x CN¥108.02 Million
2011 25.27% 25.76% 0.19x 5.13x CN¥141.81 Million
2012 31.86% 22.96% 0.36x 3.84x CN¥297.17 Million
2013 26.10% 17.29% 0.34x 4.39x CN¥296.19 Million
2014 4.90% 11.50% 0.11x 3.86x CN¥-152.33 Million
2015 3.52% 20.14% 0.04x 4.53x CN¥-192.75 Million
2016 11.10% 10.52% 0.48x 2.18x CN¥69.90 Million
2017 4.15% 10.72% 0.19x 2.05x CN¥-373.66 Million
2018 -8.06% -27.90% 0.13x 2.31x CN¥-1.02 Billion
2019 3.61% 10.61% 0.15x 2.19x CN¥-373.98 Million
2020 4.24% 4.27% 0.51x 1.97x CN¥-283.00 Million
2021 0.60% 0.92% 0.42x 1.56x CN¥-428.16 Million
2022 0.14% 0.45% 0.19x 1.55x CN¥-440.81 Million
2023 0.03% 0.11% 0.16x 1.57x CN¥-445.80 Million
2024 0.43% 1.59% 0.20x 1.36x CN¥-429.70 Million

Industry Comparison

This section compares Sanxiang Co Ltd's net assets metrics with peer companies in the Real Estate Services industry.

Industry Context

  • Industry: Real Estate Services
  • Average net assets among peers: $1,199,067,579
  • Average return on equity (ROE) among peers: 7.42%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Sanxiang Co Ltd (000863) CN¥4.04 Billion 53.94% 0.45x $471.17 Million
Shenzhen SEG Co Ltd (000058) $1.33 Billion 3.66% 0.19x $595.06 Million
5I5j Holding Group Co Ltd (000560) $618.29 Million 4.60% 4.43x $719.68 Million
DongGuan Winnerway Industrial Zone Ltd (000573) $1.43 Billion 2.79% 0.78x $286.31 Million
Beijing Mainstreets Investment (000609) $669.22 Million 21.24% 0.69x $293.27 Million
Rongfeng Holding Group (000668) $740.22 Million 0.45% 0.27x $159.03 Million
Shenzhen Worldunion Properties Consultancy Inc (002285) $65.30 Million 0.00% 1.29x $444.90 Million
Chongqing New Dazheng Property Grp (002968) $754.94 Million 13.84% 0.32x $151.40 Million
Shenzhen SDG Service Co. Ltd. (300917) $968.11 Million 11.79% 0.59x $254.69 Million
China World Trade Center Co Ltd (600007) $4.22 Billion 8.40% 0.93x $517.22 Million