Shanghai Xujiahui Commercial Co Ltd

SHE:002561 China Department Stores
Market Cap
$478.82 Million
CN¥3.51 Billion CNY
Market Cap Rank
#13853 Global
#3590 in China
Share Price
CN¥8.45
Change (1 day)
-1.17%
52-Week Range
CN¥7.35 - CN¥9.98
All Time High
CN¥17.43
About

Shanghai Xujiahui Commercial Co., Ltd. operates retail department stores and supermarkets in China. The company also operates commercial buildings, outlets, fashion supermarkets, etc. It operates stores under the Huijin Department Store, Shanghai Liubai, Huilian Department Store, Huijin Outlets, and Huijin Supermarket brands. Shanghai Xujiahui Commercial Co., Ltd. was founded in 1993 and is based… Read more

Shanghai Xujiahui Commercial Co Ltd (002561) - Net Assets

Latest net assets as of September 2025: CN¥2.23 Billion CNY

Based on the latest financial reports, Shanghai Xujiahui Commercial Co Ltd (002561) has net assets worth CN¥2.23 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¥2.62 Billion) and total liabilities (CN¥385.03 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¥2.23 Billion
% of Total Assets 85.29%
Annual Growth Rate 6.78%
5-Year Change 0.21%
10-Year Change 13.4%
Growth Volatility 14.13

Shanghai Xujiahui Commercial Co Ltd - Net Assets Trend (2006–2024)

This chart illustrates how Shanghai Xujiahui Commercial 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 Xujiahui Commercial Co Ltd (2006–2024)

The table below shows the annual net assets of Shanghai Xujiahui Commercial Co Ltd from 2006 to 2024.

Year Net Assets Change
2024-12-31 CN¥2.26 Billion -1.87%
2023-12-31 CN¥2.30 Billion +1.40%
2022-12-31 CN¥2.27 Billion -1.81%
2021-12-31 CN¥2.31 Billion +2.57%
2020-12-31 CN¥2.25 Billion -3.53%
2019-12-31 CN¥2.34 Billion +3.17%
2018-12-31 CN¥2.26 Billion +3.97%
2017-12-31 CN¥2.18 Billion +4.30%
2016-12-31 CN¥2.09 Billion +4.85%
2015-12-31 CN¥1.99 Billion +5.52%
2014-12-31 CN¥1.89 Billion +6.17%
2013-12-31 CN¥1.78 Billion +5.76%
2012-12-31 CN¥1.68 Billion +3.26%
2011-12-31 CN¥1.63 Billion +63.46%
2010-12-31 CN¥995.98 Million +10.89%
2009-12-31 CN¥898.14 Million +9.73%
2008-12-31 CN¥818.53 Million +10.57%
2007-12-31 CN¥740.27 Million +6.73%
2006-12-31 CN¥693.62 Million --

Equity Component Analysis

This analysis shows how different components contribute to Shanghai Xujiahui Commercial 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 239.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥1.06 Billion 47.99%
Common Stock CN¥415.76 Million 18.82%
Other Comprehensive Income CN¥220.09 Million 9.96%
Other Components CN¥513.24 Million 23.23%
Total Equity CN¥2.21 Billion 100.00%

Shanghai Xujiahui Commercial Co Ltd Competitors by Market Cap

The table below lists competitors of Shanghai Xujiahui Commercial Co Ltd ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 2,254,289,502 to 2,209,322,446, a change of -44,967,056 (-2.0%).
  • Net income of 4,225,043 contributed positively to equity growth.
  • Dividend payments of 49,891,560 reduced retained earnings.
  • Other comprehensive income increased equity by 218,865,988.
  • Other factors decreased equity by 218,166,527.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥4.23 Million +0.19%
Dividends Paid CN¥49.89 Million -2.26%
Other Comprehensive Income CN¥218.87 Million +9.91%
Other Changes CN¥-218.17 Million -9.87%
Total Change CN¥- -1.99%

Book Value vs Market Value Analysis

This analysis compares Shanghai Xujiahui Commercial 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: 1.58x
  • 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 4.92x to 1.58x 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¥1.72 CN¥8.45 x
2007-12-31 CN¥1.88 CN¥8.45 x
2008-12-31 CN¥2.02 CN¥8.45 x
2009-12-31 CN¥2.23 CN¥8.45 x
2010-12-31 CN¥2.50 CN¥8.45 x
2011-12-31 CN¥3.96 CN¥8.45 x
2012-12-31 CN¥3.99 CN¥8.45 x
2013-12-31 CN¥4.23 CN¥8.45 x
2014-12-31 CN¥4.48 CN¥8.45 x
2015-12-31 CN¥4.74 CN¥8.45 x
2016-12-31 CN¥4.95 CN¥8.45 x
2017-12-31 CN¥5.16 CN¥8.45 x
2018-12-31 CN¥5.40 CN¥8.45 x
2019-12-31 CN¥5.51 CN¥8.45 x
2020-12-31 CN¥5.33 CN¥8.45 x
2021-12-31 CN¥5.46 CN¥8.45 x
2022-12-31 CN¥5.36 CN¥8.45 x
2023-12-31 CN¥5.39 CN¥8.45 x
2024-12-31 CN¥5.33 CN¥8.45 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shanghai Xujiahui Commercial 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): 0.19%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 0.96%
  • • Asset Turnover: 0.17x
  • • Equity Multiplier: 1.19x
  • Recent ROE (0.19%) is below the historical average (13.50%), 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 26.79% 9.87% 1.41x 1.92x CN¥98.54 Million
2007 32.98% 12.88% 1.06x 2.40x CN¥148.05 Million
2008 25.13% 10.07% 1.16x 2.15x CN¥105.70 Million
2009 23.00% 9.56% 1.20x 2.01x CN¥100.44 Million
2010 22.51% 9.50% 1.30x 1.82x CN¥107.92 Million
2011 15.89% 11.64% 1.04x 1.32x CN¥94.45 Million
2012 14.55% 11.53% 0.97x 1.30x CN¥75.58 Million
2013 13.94% 11.65% 0.94x 1.27x CN¥69.11 Million
2014 13.85% 12.51% 0.89x 1.25x CN¥71.72 Million
2015 12.87% 12.68% 0.83x 1.23x CN¥56.49 Million
2016 11.72% 11.50% 0.82x 1.25x CN¥35.44 Million
2017 11.05% 11.28% 0.79x 1.24x CN¥22.45 Million
2018 10.38% 11.18% 0.76x 1.22x CN¥8.37 Million
2019 9.29% 11.04% 0.70x 1.20x CN¥-16.30 Million
2020 3.40% 12.80% 0.22x 1.19x CN¥-146.41 Million
2021 4.55% 16.68% 0.22x 1.27x CN¥-123.85 Million
2022 1.10% 5.09% 0.17x 1.23x CN¥-198.42 Million
2023 3.34% 13.89% 0.20x 1.23x CN¥-150.20 Million
2024 0.19% 0.96% 0.17x 1.19x CN¥-216.71 Million

Industry Comparison

This section compares Shanghai Xujiahui Commercial Co Ltd's net assets metrics with peer companies in the Department Stores industry.

Industry Context

  • Industry: Department Stores
  • Average net assets among peers: $4,209,797,796
  • Average return on equity (ROE) among peers: 10.20%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shanghai Xujiahui Commercial Co Ltd (002561) CN¥2.23 Billion 26.79% 0.17x $248.72 Million
Hefei Department Store Group Co Ltd (000417) $3.72 Billion 9.85% 1.14x $183.52 Million
Changsha Tongcheng Holdings Co Ltd (000419) $216.13 Million 19.44% 0.56x $227.08 Million
Wushang Group Co Ltd (000501) $8.25 Billion 12.73% 1.77x $549.14 Million
CCOOP Group Co Ltd (000564) $648.17 Million 8.80% 0.99x $3.83 Billion
Dalian Friendship Group Co Ltd (000679) $2.09 Billion 2.71% 3.27x $232.35 Million
Zhongxing Shenyang Commercial Building Group Co Ltd (000715) $682.33 Million 7.80% 0.41x $199.18 Million
Easyhome New Retail Group Co Ltd (000785) $20.72 Billion 6.55% 0.90x $1.02 Billion
Guangzhou Grandbuy Co Ltd (002187) $3.99 Billion -3.63% 1.20x $406.04 Million
Better Life Commercial Chain Share Co Ltd (002251) $175.99 Million 42.02% 3.35x $1.30 Billion
New Huadu Supercenter Co Ltd (002264) $1.61 Billion -4.25% 1.18x $394.48 Million