Shanghai Challenge Textile Co Ltd
Shanghai Challenge Textile Co.,Ltd. engages in the research and development of knitted weft-knitted functional fabrics and garments. It offers sports functional fabrics; fleece fabrics; functional chemical fiber fabrics, wool products, ready-made clothes and other high-end fabrics, and medical protective equipments. Shanghai Challenge Textile Co.,Ltd. was founded in 2001 and is headquartered in S… Read more
Shanghai Challenge Textile Co Ltd (002486) - Net Assets
Latest net assets as of September 2025: CN¥1.09 Billion CNY
Based on the latest financial reports, Shanghai Challenge Textile Co Ltd (002486) has net assets worth CN¥1.09 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¥1.30 Billion) and total liabilities (CN¥210.33 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¥1.09 Billion |
| % of Total Assets | 83.8% |
| Annual Growth Rate | 9.33% |
| 5-Year Change | 9.71% |
| 10-Year Change | 11.57% |
| Growth Volatility | 45.13 |
Shanghai Challenge Textile Co Ltd - Net Assets Trend (2007–2024)
This chart illustrates how Shanghai Challenge Textile 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 Shanghai Challenge Textile Co Ltd (2007–2024)
The table below shows the annual net assets of Shanghai Challenge Textile Co Ltd from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.04 Billion | +0.25% |
| 2023-12-31 | CN¥1.04 Billion | -0.63% |
| 2022-12-31 | CN¥1.04 Billion | +7.48% |
| 2021-12-31 | CN¥970.21 Million | +2.47% |
| 2020-12-31 | CN¥946.85 Million | +2.36% |
| 2019-12-31 | CN¥925.01 Million | -2.82% |
| 2018-12-31 | CN¥951.85 Million | -0.56% |
| 2017-12-31 | CN¥957.25 Million | +2.17% |
| 2016-12-31 | CN¥936.88 Million | +0.63% |
| 2015-12-31 | CN¥931.05 Million | -11.34% |
| 2014-12-31 | CN¥1.05 Billion | +1.50% |
| 2013-12-31 | CN¥1.03 Billion | +8.28% |
| 2012-12-31 | CN¥955.54 Million | +0.85% |
| 2011-12-31 | CN¥947.48 Million | +4.68% |
| 2010-12-31 | CN¥905.09 Million | +192.86% |
| 2009-12-31 | CN¥309.05 Million | +16.44% |
| 2008-12-31 | CN¥265.41 Million | +16.36% |
| 2007-12-31 | CN¥228.09 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shanghai Challenge Textile 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 686.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥271.67 Million | 26.15% |
| Common Stock | CN¥828.13 Million | 79.71% |
| Other Comprehensive Income | CN¥-60.84 Million | -5.86% |
| Total Equity | CN¥1.04 Billion | 100.00% |
Shanghai Challenge Textile Co Ltd Competitors by Market Cap
The table below lists competitors of Shanghai Challenge Textile Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ncs Testing Technology Co Ltd
SHE:300797
|
$268.33 Million |
|
Global Dominion Access S.A
MC:DOM
|
$268.45 Million |
|
Besalco Sa
SN:BESALCO
|
$268.55 Million |
|
Shenzhen Zhongheng Huafa Co Ltd Class A
SHE:000020
|
$268.56 Million |
|
SNT Motiv Co Ltd
KO:064960
|
$268.20 Million |
|
F.I.L.A. - Fabbrica Italiana Lapis ed Affini S.p.A
F:3S0
|
$268.19 Million |
|
Synektik S.A.
WAR:SNT
|
$268.09 Million |
|
Ningbo Ocean Shipping Co. Ltd. A
SHG:601022
|
$268.04 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shanghai Challenge Textile Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,032,625,605 to 1,038,952,769, a change of 6,327,164 (0.6%).
- Net income of 19,114,974 contributed positively to equity growth.
- Dividend payments of 1,389,771 reduced retained earnings.
- Share repurchases of 9,988,722 reduced equity.
- Other comprehensive income increased equity by 41,052,728.
- Other factors decreased equity by 42,462,045.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥19.11 Million | +1.84% |
| Dividends Paid | CN¥1.39 Million | -0.13% |
| Share Repurchases | CN¥9.99 Million | -0.96% |
| Other Comprehensive Income | CN¥41.05 Million | +3.95% |
| Other Changes | CN¥-42.46 Million | -4.09% |
| Total Change | CN¥- | 0.61% |
Book Value vs Market Value Analysis
This analysis compares Shanghai Challenge Textile 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: 2.46x
- 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 8.56x to 2.46x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | CN¥0.36 | CN¥3.07 | x |
| 2008-12-31 | CN¥0.41 | CN¥3.07 | x |
| 2009-12-31 | CN¥0.48 | CN¥3.07 | x |
| 2010-12-31 | CN¥1.32 | CN¥3.07 | x |
| 2011-12-31 | CN¥1.12 | CN¥3.07 | x |
| 2012-12-31 | CN¥1.15 | CN¥3.07 | x |
| 2013-12-31 | CN¥1.24 | CN¥3.07 | x |
| 2014-12-31 | CN¥1.23 | CN¥3.07 | x |
| 2015-12-31 | CN¥1.10 | CN¥3.07 | x |
| 2016-12-31 | CN¥1.12 | CN¥3.07 | x |
| 2017-12-31 | CN¥1.15 | CN¥3.07 | x |
| 2018-12-31 | CN¥1.14 | CN¥3.07 | x |
| 2019-12-31 | CN¥1.11 | CN¥3.07 | x |
| 2020-12-31 | CN¥1.13 | CN¥3.07 | x |
| 2021-12-31 | CN¥1.16 | CN¥3.07 | x |
| 2022-12-31 | CN¥1.25 | CN¥3.07 | x |
| 2023-12-31 | CN¥1.24 | CN¥3.07 | x |
| 2024-12-31 | CN¥1.25 | CN¥3.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shanghai Challenge Textile 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): 1.84%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.62%
- • Asset Turnover: 0.94x
- • Equity Multiplier: 1.22x
- Recent ROE (1.84%) is below the historical average (4.64%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 11.85% | 7.03% | 0.87x | 1.93x | CN¥4.18 Million |
| 2008 | 14.06% | 7.53% | 1.01x | 1.84x | CN¥10.65 Million |
| 2009 | 14.00% | 8.75% | 0.92x | 1.73x | CN¥12.24 Million |
| 2010 | 6.83% | 8.97% | 0.64x | 1.18x | CN¥-28.60 Million |
| 2011 | 7.79% | 8.59% | 0.74x | 1.22x | CN¥-20.85 Million |
| 2012 | 4.15% | 4.89% | 0.73x | 1.16x | CN¥-55.95 Million |
| 2013 | 9.52% | 11.00% | 0.73x | 1.19x | CN¥-4.93 Million |
| 2014 | 2.69% | 3.17% | 0.53x | 1.62x | CN¥-75.03 Million |
| 2015 | -11.19% | -14.60% | 0.44x | 1.76x | CN¥-193.74 Million |
| 2016 | 1.28% | 1.63% | 0.45x | 1.76x | CN¥-81.02 Million |
| 2017 | 2.94% | 3.18% | 0.60x | 1.55x | CN¥-67.44 Million |
| 2018 | 1.85% | 2.00% | 0.79x | 1.17x | CN¥-77.36 Million |
| 2019 | -1.81% | -1.66% | 0.91x | 1.19x | CN¥-108.83 Million |
| 2020 | 1.77% | 1.42% | 0.94x | 1.33x | CN¥-77.55 Million |
| 2021 | 2.06% | 1.72% | 0.94x | 1.27x | CN¥-76.64 Million |
| 2022 | 8.96% | 6.82% | 1.05x | 1.25x | CN¥-10.77 Million |
| 2023 | 4.98% | 5.21% | 0.80x | 1.19x | CN¥-51.80 Million |
| 2024 | 1.84% | 1.62% | 0.94x | 1.22x | CN¥-84.78 Million |
Industry Comparison
This section compares Shanghai Challenge Textile Co Ltd's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $2,087,528,080
- Average return on equity (ROE) among peers: 3.92%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shanghai Challenge Textile Co Ltd (002486) | CN¥1.09 Billion | 11.85% | 0.19x | $268.24 Million |
| Shijiazhuang Changshan Textile Co Ltd (000158) | $6.01 Billion | 5.91% | 1.13x | $2.82 Billion |
| Jilin Chemical Fibre Co Ltd (000420) | $2.78 Billion | 3.08% | 1.22x | $1.35 Billion |
| Anhui Huamao Textile Co Ltd (000850) | $1.46 Billion | 9.44% | 1.18x | $321.50 Million |
| Xinxiang Chemical Fiber Co Ltd (000949) | $5.51 Billion | -7.89% | 1.03x | $1.15 Billion |
| Xinlong Holding Group Co Ltd (000955) | $456.17 Million | 0.57% | 1.07x | $279.03 Million |
| Jiiangsu Times Textile Technology Co.LTD (001234) | $895.28 Million | 7.28% | 0.27x | $106.39 Million |
| Anhui Guqi Down & Feather (001390) | $913.70 Million | 18.41% | 0.55x | $30.69K |
| Huafu Top Dyed Melange Yarn Co Ltd (002042) | $218.05 Million | -26.65% | 0.95x | $570.82 Million |
| Sunvim Group Co Ltd (002083) | $2.51 Billion | 5.50% | 1.43x | $791.11 Million |
| Hongda High-Tech Holding Co Ltd (002144) | $122.66 Million | 23.59% | 1.10x | $232.55 Million |