Shanghai Yaoji Playing Card Co Ltd

SHE:002605 China Leisure
Market Cap
$1.32 Billion
CN¥9.71 Billion CNY
Market Cap Rank
#8762 Global
#1705 in China
Share Price
CN¥23.25
Change (1 day)
+0.74%
52-Week Range
CN¥22.58 - CN¥32.61
All Time High
CN¥45.44
About

Shanghai Yaoji Technology Co., Ltd., together with its subsidiaries, engages in mobile game, poker, and Internet marketing businesses in China and internationally. It operates through Playing Card Making Industry, Online Gaming Industry, and Internet Advertising Industry segments. The company produces and sells poker playing cards under the Yaoji brand. It also develops and operates mobile game p… Read more

Shanghai Yaoji Playing Card Co Ltd (002605) - Net Assets

Latest net assets as of September 2025: CN¥3.77 Billion CNY

Based on the latest financial reports, Shanghai Yaoji Playing Card Co Ltd (002605) has net assets worth CN¥3.77 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¥5.25 Billion) and total liabilities (CN¥1.47 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¥3.77 Billion
% of Total Assets 71.9%
Annual Growth Rate 21.89%
5-Year Change 71.19%
10-Year Change 234.07%
Growth Volatility 39.51

Shanghai Yaoji Playing Card Co Ltd - Net Assets Trend (2008–2024)

This chart illustrates how Shanghai Yaoji Playing Card 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 Yaoji Playing Card Co Ltd (2008–2024)

The table below shows the annual net assets of Shanghai Yaoji Playing Card Co Ltd from 2008 to 2024.

Year Net Assets Change
2024-12-31 CN¥3.55 Billion +9.02%
2023-12-31 CN¥3.25 Billion +19.24%
2022-12-31 CN¥2.73 Billion +11.21%
2021-12-31 CN¥2.45 Billion +18.42%
2020-12-31 CN¥2.07 Billion +31.89%
2019-12-31 CN¥1.57 Billion -23.27%
2018-12-31 CN¥2.05 Billion +24.41%
2017-12-31 CN¥1.65 Billion +6.49%
2016-12-31 CN¥1.55 Billion +45.55%
2015-12-31 CN¥1.06 Billion +9.99%
2014-12-31 CN¥965.45 Million +12.20%
2013-12-31 CN¥860.45 Million +7.09%
2012-12-31 CN¥803.48 Million +6.17%
2011-12-31 CN¥756.78 Million +166.00%
2010-12-31 CN¥284.50 Million +33.29%
2009-12-31 CN¥213.44 Million +42.93%
2008-12-31 CN¥149.33 Million --

Equity Component Analysis

This analysis shows how different components contribute to Shanghai Yaoji Playing Card 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 5370.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥2.66 Billion 75.75%
Common Stock CN¥414.77 Million 11.81%
Other Comprehensive Income CN¥284.48 Million 8.10%
Other Components CN¥152.14 Million 4.33%
Total Equity CN¥3.51 Billion 100.00%

Shanghai Yaoji Playing Card Co Ltd Competitors by Market Cap

The table below lists competitors of Shanghai Yaoji Playing Card Co Ltd ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 3,221,517,000 to 3,511,183,000, a change of 289,666,000 (9.0%).
  • Net income of 539,010,097 contributed positively to equity growth.
  • Dividend payments of 378,581,000 reduced retained earnings.
  • Other comprehensive income increased equity by 76,906,444.
  • Other factors increased equity by 52,330,459.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥539.01 Million +15.35%
Dividends Paid CN¥378.58 Million -10.78%
Other Comprehensive Income CN¥76.91 Million +2.19%
Other Changes CN¥52.33 Million +1.49%
Total Change CN¥- 8.99%

Book Value vs Market Value Analysis

This analysis compares Shanghai Yaoji Playing Card 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: 2.82x
  • 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 43.70x to 2.82x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2008-12-31 CN¥0.53 CN¥23.25 x
2009-12-31 CN¥0.77 CN¥23.25 x
2010-12-31 CN¥1.02 CN¥23.25 x
2011-12-31 CN¥2.37 CN¥23.25 x
2012-12-31 CN¥2.11 CN¥23.25 x
2013-12-31 CN¥2.26 CN¥23.25 x
2014-12-31 CN¥2.54 CN¥23.25 x
2015-12-31 CN¥2.79 CN¥23.25 x
2016-12-31 CN¥3.98 CN¥23.25 x
2017-12-31 CN¥4.03 CN¥23.25 x
2018-12-31 CN¥4.86 CN¥23.25 x
2019-12-31 CN¥3.71 CN¥23.25 x
2020-12-31 CN¥5.10 CN¥23.25 x
2021-12-31 CN¥6.04 CN¥23.25 x
2022-12-31 CN¥6.63 CN¥23.25 x
2023-12-31 CN¥7.73 CN¥23.25 x
2024-12-31 CN¥8.25 CN¥23.25 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shanghai Yaoji Playing Card 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): 15.35%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 16.48%
  • • Asset Turnover: 0.65x
  • • Equity Multiplier: 1.44x
  • Recent ROE (15.35%) is below the historical average (17.80%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2008 26.32% 10.69% 1.06x 2.33x CN¥24.37 Million
2009 30.04% 14.21% 0.98x 2.16x CN¥42.77 Million
2010 24.98% 12.54% 0.83x 2.39x CN¥42.61 Million
2011 9.59% 11.08% 0.74x 1.17x CN¥-3.13 Million
2012 12.12% 14.85% 0.67x 1.22x CN¥16.73 Million
2013 13.83% 16.46% 0.64x 1.31x CN¥32.37 Million
2014 12.88% 16.27% 0.52x 1.53x CN¥27.33 Million
2015 9.10% 11.70% 0.56x 1.39x CN¥-9.44 Million
2016 6.49% 13.67% 0.36x 1.33x CN¥-52.79 Million
2017 4.80% 11.59% 0.34x 1.22x CN¥-83.12 Million
2018 7.11% 14.00% 0.35x 1.46x CN¥-55.87 Million
2019 23.10% 19.86% 0.57x 2.02x CN¥195.54 Million
2020 53.08% 42.68% 0.66x 1.89x CN¥887.36 Million
2021 23.44% 15.07% 0.96x 1.63x CN¥329.11 Million
2022 12.89% 8.90% 0.89x 1.63x CN¥78.12 Million
2023 17.46% 13.06% 0.91x 1.47x CN¥240.31 Million
2024 15.35% 16.48% 0.65x 1.44x CN¥187.89 Million

Industry Comparison

This section compares Shanghai Yaoji Playing Card Co Ltd's net assets metrics with peer companies in the Leisure industry.

Industry Context

  • Industry: Leisure
  • Average net assets among peers: $749,645,428
  • Average return on equity (ROE) among peers: 7.25%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shanghai Yaoji Playing Card Co Ltd (002605) CN¥3.77 Billion 26.32% 0.39x $695.43 Million
China Bicycle Co Holdings Ltd (000017) $-1.76 Billion 0.00% 0.00x $399.65 Million
Sportsoul Co. Ltd. A (001300) $1.06 Billion 2.11% 0.25x $179.80 Million
HL Corp Shenzhen (002105) $567.28 Million 4.46% 1.51x $173.11 Million
Goldlok Toys Holdings Guangdong Co Ltd (002348) $1.12 Billion 5.75% 0.06x $627.40 Million
Guangdong Qunxing Toys Joint-Stock Co Ltd (002575) $884.00 Million 4.93% 0.13x $533.55 Million
Xiamen Comfort Science&Technology Group Co Ltd (002614) $217.49 Million 21.16% 1.94x $334.52 Million
Guangzhou Pearl River Piano Group Co Ltd (002678) $3.73 Billion 0.16% 0.22x $191.51 Million
Shifeng Cultural Development Co Ltd (002862) $569.17 Million 5.62% 0.07x $192.82 Million
Impulse Qingdao Health Tech Co Ltd (002899) $361.39 Million 21.08% 0.71x $407.33 Million