Shanghai Yaoji Playing Card Co Ltd (002605) - Net Assets
Based on the latest financial reports, Shanghai Yaoji Playing Card Co Ltd (002605) has net assets worth CN¥4.00 Billion CNY (≈ $585.10 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥5.57 Billion ≈ $815.37 Million USD) and total liabilities (CN¥1.57 Billion ≈ $230.27 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 Yaoji Playing Card Co Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥4.00 Billion |
| % of Total Assets | 71.76% |
| Annual Growth Rate | 21.07% |
| 5-Year Change | 56.92% |
| 10-Year Change | 149.14% |
| Growth Volatility | 38.56 |
Shanghai Yaoji Playing Card Co Ltd - Net Assets Trend (2008–2025)
This chart illustrates how Shanghai Yaoji Playing Card Co Ltd's net assets have evolved over time, based on quarterly financial data. See Shanghai Yaoji Playing Card Co Ltd (002605) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Shanghai Yaoji Playing Card Co Ltd (2008–2025)
The table below shows the annual net assets of Shanghai Yaoji Playing Card Co Ltd from 2008 to 2025. For live valuation and market cap data, see 002605 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥3.85 Billion ≈ $563.47 Million |
+8.55% |
| 2024-12-31 | CN¥3.55 Billion ≈ $519.10 Million |
+9.02% |
| 2023-12-31 | CN¥3.25 Billion ≈ $476.14 Million |
+19.24% |
| 2022-12-31 | CN¥2.73 Billion ≈ $399.33 Million |
+11.21% |
| 2021-12-31 | CN¥2.45 Billion ≈ $359.08 Million |
+18.42% |
| 2020-12-31 | CN¥2.07 Billion ≈ $303.24 Million |
+31.89% |
| 2019-12-31 | CN¥1.57 Billion ≈ $229.91 Million |
-23.27% |
| 2018-12-31 | CN¥2.05 Billion ≈ $299.63 Million |
+24.41% |
| 2017-12-31 | CN¥1.65 Billion ≈ $240.84 Million |
+6.49% |
| 2016-12-31 | CN¥1.55 Billion ≈ $226.17 Million |
+45.55% |
| 2015-12-31 | CN¥1.06 Billion ≈ $155.39 Million |
+9.99% |
| 2014-12-31 | CN¥965.45 Million ≈ $141.28 Million |
+12.20% |
| 2013-12-31 | CN¥860.45 Million ≈ $125.91 Million |
+7.09% |
| 2012-12-31 | CN¥803.48 Million ≈ $117.57 Million |
+6.17% |
| 2011-12-31 | CN¥756.78 Million ≈ $110.74 Million |
+166.00% |
| 2010-12-31 | CN¥284.50 Million ≈ $41.63 Million |
+33.29% |
| 2009-12-31 | CN¥213.44 Million ≈ $31.23 Million |
+42.93% |
| 2008-12-31 | CN¥149.33 Million ≈ $21.85 Million |
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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 5903.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.92 Billion | 76.45% |
| Other Components | CN¥899.19 Million | 23.55% |
| Total Equity | CN¥3.82 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.
| Company | Market Cap |
|---|---|
|
Norbit ASA
OL:NORBT
|
$1.16 Billion |
|
Guangdong South New Media Co Ltd
SHE:300770
|
$1.16 Billion |
|
Orient Semiconductor Electronics Ltd
TW:2329
|
$1.16 Billion |
|
Stepan Company
NYSE:SCL
|
$1.16 Billion |
|
Shandong Intco Recycling Resources Co Ltd
SHG:688087
|
$1.16 Billion |
|
Unilever PLC
LSE:ULVR
|
$1.16 Billion |
|
Guangdong Lvtong New Energy Electric Vehicle Technology Co. Ltd. Cl A
SHE:301322
|
$1.16 Billion |
|
Ramkrishna Forgings Limited
NSE:RKFORGE
|
$1.16 Billion |
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 2024 to 2025, total equity changed from 3,511,183,000 to 3,817,944,641, a change of 306,761,641 (8.7%).
- Net income of 467,130,453 contributed positively to equity growth.
- Dividend payments of 213,133,058 reduced retained earnings.
- Other comprehensive income decreased equity by 284,478,444.
- Other factors increased equity by 337,242,690.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥467.13 Million | +12.24% |
| Dividends Paid | CN¥213.13 Million | -5.58% |
| Other Comprehensive Income | CN¥-284.48 Million | -7.45% |
| Other Changes | CN¥337.24 Million | +8.83% |
| Total Change | CN¥- | 8.74% |
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: 2.07x
- 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 35.57x to 2.07x 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¥18.92 | x |
| 2009-12-31 | CN¥0.77 | CN¥18.92 | x |
| 2010-12-31 | CN¥1.02 | CN¥18.92 | x |
| 2011-12-31 | CN¥2.37 | CN¥18.92 | x |
| 2012-12-31 | CN¥2.11 | CN¥18.92 | x |
| 2013-12-31 | CN¥2.26 | CN¥18.92 | x |
| 2014-12-31 | CN¥2.54 | CN¥18.92 | x |
| 2015-12-31 | CN¥2.79 | CN¥18.92 | x |
| 2016-12-31 | CN¥3.98 | CN¥18.92 | x |
| 2017-12-31 | CN¥4.03 | CN¥18.92 | x |
| 2018-12-31 | CN¥4.86 | CN¥18.92 | x |
| 2019-12-31 | CN¥3.71 | CN¥18.92 | x |
| 2020-12-31 | CN¥5.10 | CN¥18.92 | x |
| 2021-12-31 | CN¥6.04 | CN¥18.92 | x |
| 2022-12-31 | CN¥6.63 | CN¥18.92 | x |
| 2023-12-31 | CN¥7.73 | CN¥18.92 | x |
| 2024-12-31 | CN¥8.25 | CN¥18.92 | x |
| 2025-12-31 | CN¥9.14 | CN¥18.92 | 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): 12.24%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.37%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 1.42x
- Recent ROE (12.24%) is below the historical average (17.49%), 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 |
| 2025 | 12.24% | 17.37% | 0.50x | 1.42x | CN¥85.34 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: $572,807,045
- Average return on equity (ROE) among peers: 7.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shanghai Yaoji Playing Card Co Ltd (002605) | CN¥4.00 Billion | 26.32% | 0.39x | $1.16 Billion |
| China Bicycle Co Holdings Ltd (000017) | $368.14 Million | 4.58% | 0.18x | $334.79 Million |
| HL Corp Shenzhen (002105) | $983.84 Million | 2.21% | 0.72x | $293.69 Million |
| Goldlok Toys Holdings Guangdong Co Ltd (002348) | $653.92 Million | -16.62% | 0.42x | $1.72 Billion |
| Guangdong Qunxing Toys Joint-Stock Co Ltd (002575) | $884.00 Million | 4.93% | 0.13x | $556.62 Million |
| Xiamen Comfort Science&Technology Group Co Ltd (002614) | $397.50 Million | 38.51% | 1.66x | $440.85 Million |
| Guangzhou Pearl River Piano Group Co Ltd (002678) | $1.85 Billion | 7.63% | 0.28x | $1.08 Billion |
| Shifeng Cultural Development Co Ltd (002862) | $179.37 Million | 19.70% | 0.56x | $362.36 Million |
| Impulse Qingdao Health Tech Co Ltd (002899) | $1.70 Billion | 6.41% | 0.74x | $524.25 Million |
| China Bicycle Co Holdings Ltd (200017) | $-1.86 Billion | 0.00% | 0.00x | $51.61 Million |
About Shanghai Yaoji Playing Card Co Ltd
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