Shanghai Yanhua Smartech Group

SHE:002178 China Engineering & Construction
Market Cap
$629.92 Million
CN¥4.62 Billion CNY
Market Cap Rank
#11017 Global
#2533 in China
Share Price
CN¥6.49
Change (1 day)
-4.14%
52-Week Range
CN¥5.31 - CN¥7.79
All Time High
CN¥15.90
About

Shanghai Yanhua Smartech Group Co., Ltd. engages in the construction and operation of smart cities. The company is involved in smart parks, energy saving, environmental protection, healthcare, tourism, building, hotels, public security, data centers, and smart solutions. It also provides software platform. Shanghai Yanhua Smartech Group Co., Ltd. was founded in 2006 and is headquartered in Shangh… Read more

Shanghai Yanhua Smartech Group (002178) - Net Assets

Latest net assets as of September 2025: CN¥548.52 Million CNY

Based on the latest financial reports, Shanghai Yanhua Smartech Group (002178) has net assets worth CN¥548.52 Million 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¥1.37 Billion) and total liabilities (CN¥821.83 Million). 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¥548.52 Million
% of Total Assets 40.03%
Annual Growth Rate 16.48%
5-Year Change -22.08%
10-Year Change -54.98%
Growth Volatility 47.71

Shanghai Yanhua Smartech Group - Net Assets Trend (2004–2024)

This chart illustrates how Shanghai Yanhua Smartech Group's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Shanghai Yanhua Smartech Group (2004–2024)

The table below shows the annual net assets of Shanghai Yanhua Smartech Group from 2004 to 2024.

Year Net Assets Change
2024-12-31 CN¥570.28 Million -10.05%
2023-12-31 CN¥633.97 Million +9.30%
2022-12-31 CN¥580.05 Million -21.20%
2021-12-31 CN¥736.11 Million +0.58%
2020-12-31 CN¥731.88 Million -29.71%
2019-12-31 CN¥1.04 Billion +1.07%
2018-12-31 CN¥1.03 Billion -20.03%
2017-12-31 CN¥1.29 Billion +0.61%
2016-12-31 CN¥1.28 Billion +1.08%
2015-12-31 CN¥1.27 Billion +58.72%
2014-12-31 CN¥798.11 Million +15.21%
2013-12-31 CN¥692.76 Million +87.71%
2012-12-31 CN¥369.05 Million +7.07%
2011-12-31 CN¥344.69 Million +5.38%
2010-12-31 CN¥327.11 Million +11.12%
2009-12-31 CN¥294.38 Million +5.77%
2008-12-31 CN¥278.31 Million +3.35%
2007-12-31 CN¥269.30 Million +144.56%
2006-12-31 CN¥110.12 Million +126.79%
2005-12-31 CN¥48.56 Million +79.97%
2004-12-31 CN¥26.98 Million --

Equity Component Analysis

This analysis shows how different components contribute to Shanghai Yanhua Smartech Group'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 decreased by 6652.1% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥712.15 Million 166.05%
Other Comprehensive Income CN¥30.20 Million 7.04%
Other Components CN¥232.08 Million 54.11%
Total Equity CN¥428.88 Million 100.00%

Shanghai Yanhua Smartech Group Competitors by Market Cap

The table below lists competitors of Shanghai Yanhua Smartech Group ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Shanghai Yanhua Smartech Group's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 450,173,540 to 428,878,378, a change of -21,295,162 (-4.7%).
  • Net loss of 21,295,162 reduced equity.
  • Dividend payments of 4,601,141 reduced retained earnings.
  • Other comprehensive income increased equity by 30,201,790.
  • Other factors decreased equity by 25,600,649.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-21.30 Million -4.97%
Dividends Paid CN¥4.60 Million -1.07%
Other Comprehensive Income CN¥30.20 Million +7.04%
Other Changes CN¥-25.60 Million -5.97%
Total Change CN¥- -4.73%

Book Value vs Market Value Analysis

This analysis compares Shanghai Yanhua Smartech Group'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: 10.74x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 17.10x to 10.74x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2004-12-31 CN¥0.38 CN¥6.49 x
2005-12-31 CN¥0.63 CN¥6.49 x
2006-12-31 CN¥0.34 CN¥6.49 x
2007-12-31 CN¥0.67 CN¥6.49 x
2008-12-31 CN¥0.54 CN¥6.49 x
2009-12-31 CN¥0.59 CN¥6.49 x
2010-12-31 CN¥0.62 CN¥6.49 x
2011-12-31 CN¥0.59 CN¥6.49 x
2012-12-31 CN¥0.62 CN¥6.49 x
2013-12-31 CN¥1.18 CN¥6.49 x
2014-12-31 CN¥1.18 CN¥6.49 x
2015-12-31 CN¥1.69 CN¥6.49 x
2016-12-31 CN¥2.35 CN¥6.49 x
2017-12-31 CN¥2.33 CN¥6.49 x
2018-12-31 CN¥1.18 CN¥6.49 x
2019-12-31 CN¥1.21 CN¥6.49 x
2020-12-31 CN¥0.79 CN¥6.49 x
2021-12-31 CN¥0.80 CN¥6.49 x
2022-12-31 CN¥0.59 CN¥6.49 x
2023-12-31 CN¥0.60 CN¥6.49 x
2024-12-31 CN¥0.60 CN¥6.49 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shanghai Yanhua Smartech Group 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): -4.97%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -3.88%
  • • Asset Turnover: 0.39x
  • • Equity Multiplier: 3.29x
  • Recent ROE (-4.97%) is below the historical average (2.38%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2004 50.20% 9.49% 1.33x 3.99x CN¥9.70 Million
2005 42.07% 9.85% 1.15x 3.72x CN¥12.89 Million
2006 21.15% 9.83% 1.21x 1.78x CN¥12.21 Million
2007 9.23% 12.14% 0.51x 1.49x CN¥-2.08 Million
2008 4.71% 6.09% 0.56x 1.39x CN¥-14.70 Million
2009 5.48% 5.38% 0.68x 1.49x CN¥-13.29 Million
2010 5.10% 4.07% 0.75x 1.67x CN¥-15.19 Million
2011 -3.12% -1.96% 0.64x 2.50x CN¥-39.49 Million
2012 5.52% 2.92% 0.72x 2.61x CN¥-14.26 Million
2013 5.65% 4.85% 0.65x 1.80x CN¥-28.94 Million
2014 7.64% 7.03% 0.61x 1.79x CN¥-17.89 Million
2015 8.86% 9.15% 0.53x 1.83x CN¥-13.12 Million
2016 3.83% 4.04% 0.48x 1.98x CN¥-71.71 Million
2017 2.18% 2.12% 0.53x 1.93x CN¥-90.22 Million
2018 -33.95% -25.15% 0.57x 2.38x CN¥-369.87 Million
2019 1.32% 1.24% 0.45x 2.36x CN¥-74.94 Million
2020 -50.86% -43.58% 0.38x 3.05x CN¥-344.19 Million
2021 1.58% 1.10% 0.46x 3.10x CN¥-48.14 Million
2022 -36.66% -24.71% 0.38x 3.87x CN¥-196.84 Million
2023 5.00% 3.33% 0.42x 3.57x CN¥-22.51 Million
2024 -4.97% -3.88% 0.39x 3.29x CN¥-64.18 Million

Industry Comparison

This section compares Shanghai Yanhua Smartech Group's net assets metrics with peer companies in the Engineering & Construction industry.

Industry Context

  • Industry: Engineering & Construction
  • Average net assets among peers: $2,293,171,469
  • Average return on equity (ROE) among peers: -19.57%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shanghai Yanhua Smartech Group (002178) CN¥548.52 Million 50.20% 1.50x $429.69 Million
Shenzhen Ecobeauty Co Ltd (000010) $2.21 Billion 1.80% 1.20x $542.14 Million
Shenzhen Sed Industry Co Ltd (000032) $273.69 Million 5.51% 1.09x $1.18 Billion
NORINCO International Cooperation Ltd (000065) $10.22 Billion 10.27% 1.39x $959.60 Million
Shenzhen Tagen Group Co Ltd (000090) $1.08 Billion 6.39% 1.55x $602.43 Million
Shandong Hi-Speed Road&Bridge (000498) $433.84 Million -22.79% 2.88x $597.20 Million
Jinyuan Cement Co Ltd (000546) $4.61 Billion 0.86% 0.22x $312.99 Million
Hunan Investment Group Co Ltd (000548) $1.41 Billion 7.29% 0.50x $259.03 Million
ChengDu Hi-Tech Development Co Ltd (000628) $134.20 Million -202.04% 12.95x $1.18 Billion
Gansu Engineering Consulting Group Co Ltd (000779) $307.94 Million -4.18% 0.33x $300.46 Million
Hainan Expressway Co Ltd (000886) $2.26 Billion 1.18% 0.16x $593.20 Million