Shanghai Xinpeng Industry Co Ltd (002328) - Net Assets

Latest as of September 2025: CN¥3.84 Billion CNY ≈ $562.13 Million USD

Based on the latest financial reports, Shanghai Xinpeng Industry Co Ltd (002328) has net assets worth CN¥3.84 Billion CNY (≈ $562.13 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥5.66 Billion ≈ $828.86 Million USD) and total liabilities (CN¥1.82 Billion ≈ $266.73 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 Shanghai Xinpeng Industry Co Ltd liquidity resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥3.84 Billion
% of Total Assets	67.82%
Annual Growth Rate	14.59%
5-Year Change	24.42%
10-Year Change	40.38%
Growth Volatility	57.37

Shanghai Xinpeng Industry Co Ltd - Net Assets Trend (2006–2024)

This chart illustrates how Shanghai Xinpeng Industry Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 002328 total assets for the complete picture of this company's asset base.

Annual Net Assets for Shanghai Xinpeng Industry Co Ltd (2006–2024)

The table below shows the annual net assets of Shanghai Xinpeng Industry Co Ltd from 2006 to 2024. For live valuation and market cap data, see Shanghai Xinpeng Industry Co Ltd market capitalisation.

Year	Net Assets	Change
2024-12-31	CN¥3.83 Billion ≈ $560.60 Million	+1.29%
2023-12-31	CN¥3.78 Billion ≈ $553.48 Million	+3.98%
2022-12-31	CN¥3.64 Billion ≈ $532.28 Million	+7.43%
2021-12-31	CN¥3.39 Billion ≈ $495.47 Million	+9.97%
2020-12-31	CN¥3.08 Billion ≈ $450.57 Million	+2.76%
2019-12-31	CN¥3.00 Billion ≈ $438.45 Million	+1.62%
2018-12-31	CN¥2.95 Billion ≈ $431.46 Million	+3.67%
2017-12-31	CN¥2.84 Billion ≈ $416.17 Million	+4.54%
2016-12-31	CN¥2.72 Billion ≈ $398.09 Million	-0.32%
2015-12-31	CN¥2.73 Billion ≈ $399.35 Million	+2.78%
2014-12-31	CN¥2.66 Billion ≈ $388.57 Million	+1.30%
2013-12-31	CN¥2.62 Billion ≈ $383.59 Million	+3.07%
2012-12-31	CN¥2.54 Billion ≈ $372.16 Million	+5.75%
2011-12-31	CN¥2.40 Billion ≈ $351.92 Million	+9.64%
2010-12-31	CN¥2.19 Billion ≈ $320.97 Million	+0.53%
2009-12-31	CN¥2.18 Billion ≈ $319.26 Million	+253.79%
2008-12-31	CN¥616.69 Million ≈ $90.24 Million	+33.00%
2007-12-31	CN¥463.69 Million ≈ $67.85 Million	+40.53%
2006-12-31	CN¥329.96 Million ≈ $48.28 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Shanghai Xinpeng Industry 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 1027.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥1.43 Billion	43.34%
Common Stock	CN¥771.77 Million	23.46%
Other Comprehensive Income	CN¥160.42 Million	4.88%
Other Components	CN¥931.71 Million	28.32%
Total Equity	CN¥3.29 Billion	100.00%

Shanghai Xinpeng Industry Co Ltd Competitors by Market Cap

The table below lists competitors of Shanghai Xinpeng Industry Co Ltd ranked by their market capitalization.

Company	Market Cap
Genting Plantations Bhd KLSE:2291	$1.17 Billion
Jiangsu Changhai Compos Material SHE:300196	$1.17 Billion
Guangdong Goworld Co Ltd SHE:000823	$1.17 Billion
Edelweiss Financial Services Limited NSE:EDELWEISS	$1.17 Billion
Growthpoint Properties Australia AU:GOZ	$1.17 Billion
TSE Co. Ltd KQ:131290	$1.17 Billion
Opera Limited F:2V8	$1.17 Billion
Lindsay Corporation NYSE:LNN	$1.17 Billion

Equity Growth Attribution

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

Equity Growth Insights

From 2023 to 2024, total equity changed from 3,241,658,386 to 3,289,393,045, a change of 47,734,659 (1.5%).
Net income of 153,924,632 contributed positively to equity growth.
Dividend payments of 134,221,626 reduced retained earnings.
Other comprehensive income increased equity by 161,515,933.
Other factors decreased equity by 133,484,280.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥153.92 Million	+4.68%
Dividends Paid	CN¥134.22 Million	-4.08%
Other Comprehensive Income	CN¥161.52 Million	+4.91%
Other Changes	CN¥-133.48 Million	-4.06%
Total Change	CN¥-	1.47%

Book Value vs Market Value Analysis

This analysis compares Shanghai Xinpeng Industry 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: 2.43x
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 19.12x to 2.43x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2006-12-31	CN¥0.54	CN¥10.35	x
2007-12-31	CN¥0.69	CN¥10.35	x
2008-12-31	CN¥0.87	CN¥10.35	x
2009-12-31	CN¥3.53	CN¥10.35	x
2010-12-31	CN¥2.78	CN¥10.35	x
2011-12-31	CN¥2.72	CN¥10.35	x
2012-12-31	CN¥2.63	CN¥10.35	x
2013-12-31	CN¥2.68	CN¥10.35	x
2014-12-31	CN¥2.87	CN¥10.35	x
2015-12-31	CN¥2.92	CN¥10.35	x
2016-12-31	CN¥3.01	CN¥10.35	x
2017-12-31	CN¥3.22	CN¥10.35	x
2018-12-31	CN¥3.22	CN¥10.35	x
2019-12-31	CN¥3.36	CN¥10.35	x
2020-12-31	CN¥3.42	CN¥10.35	x
2021-12-31	CN¥3.82	CN¥10.35	x
2022-12-31	CN¥4.13	CN¥10.35	x
2023-12-31	CN¥4.29	CN¥10.35	x
2024-12-31	CN¥4.26	CN¥10.35	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shanghai Xinpeng Industry 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): 4.68%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 3.07%
• Asset Turnover: 0.85x
• Equity Multiplier: 1.79x
Recent ROE (4.68%) is below the historical average (9.25%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2006	34.25%	8.93%	1.91x	2.01x	CN¥67.30 Million
2007	28.34%	9.93%	1.39x	2.05x	CN¥70.24 Million
2008	22.92%	8.22%	1.61x	1.74x	CN¥64.20 Million
2009	7.45%	12.78%	0.49x	1.18x	CN¥-51.86 Million
2010	7.48%	12.29%	0.54x	1.14x	CN¥-53.00 Million
2011	3.03%	4.53%	0.52x	1.28x	CN¥-146.91 Million
2012	1.57%	2.06%	0.53x	1.43x	CN¥-176.67 Million
2013	2.19%	1.75%	0.72x	1.74x	CN¥-166.14 Million
2014	3.90%	2.34%	0.95x	1.76x	CN¥-134.40 Million
2015	4.03%	2.30%	1.02x	1.73x	CN¥-134.39 Million
2016	4.10%	2.41%	0.98x	1.73x	CN¥-137.39 Million
2017	3.84%	2.33%	0.99x	1.67x	CN¥-147.87 Million
2018	4.04%	2.46%	1.03x	1.59x	CN¥-147.74 Million
2019	6.79%	4.83%	0.90x	1.56x	CN¥-82.01 Million
2020	7.65%	4.69%	0.90x	1.82x	CN¥-61.12 Million
2021	13.72%	8.46%	0.87x	1.87x	CN¥108.27 Million
2022	9.92%	5.15%	1.04x	1.85x	CN¥-2.63 Million
2023	5.82%	3.24%	0.97x	1.85x	CN¥-135.39 Million
2024	4.68%	3.07%	0.85x	1.79x	CN¥-175.01 Million

Industry Comparison

This section compares Shanghai Xinpeng Industry Co Ltd's net assets metrics with peer companies in the Metal Fabrication industry.

Industry Context

Industry: Metal Fabrication
Average net assets among peers: $4,231,148,550
Average return on equity (ROE) among peers: 4.34%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Shanghai Xinpeng Industry Co Ltd (002328)	CN¥3.84 Billion	34.25%	0.47x	$1.17 Billion
China International Marine Containers Group Ltd (000039)	$15.83 Billion	6.06%	1.36x	$4.17 Billion
Xinjiang Hejin Holding Co Ltd (000633)	$298.88 Million	1.26%	0.34x	$384.89 Million
Guangdong Jingyi Metal Co Ltd (002295)	$841.40 Million	0.43%	0.66x	$411.84 Million
Beijing Lier High Temperature Materials Co Ltd (002392)	$4.97 Billion	5.15%	0.52x	$1.60 Billion
Suzhou Victory Precision Manufacture Co Ltd (002426)	$4.27 Billion	-5.82%	1.00x	$1.85 Billion
Dajin Heavy Industry Corp (002487)	$7.27 Billion	6.52%	0.59x	$7.84 Billion
Jiangsu Boamax Technologies Group Co Ltd (002514)	$643.84 Million	1.92%	1.18x	$358.24 Million
Guangzheng Group Co Ltd (002524)	$113.11 Million	19.77%	0.74x	$332.55 Million
Anhui Honglu Steel Construction Group Co Ltd (002541)	$3.84 Billion	3.80%	1.00x	$1.96 Billion

About Shanghai Xinpeng Industry Co Ltd

SHE:002328 China Metal Fabrication

Market Cap

$1.17 Billion

CN¥7.99 Billion CNY

Market Cap Rank

#8439 Global

#2179 in China

Share Price

CN¥10.35

Change (1 day)

-3.00%

52-Week Range

CN¥5.38 - CN¥13.40

All Time High

CN¥36928.98