Shanghai Hi-Road Food Technology Co. Ltd. (300915) - Net Assets
Based on the latest financial reports, Shanghai Hi-Road Food Technology Co. Ltd. (300915) has net assets worth CN¥1.54 Billion CNY (≈ $224.99 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¥1.78 Billion ≈ $260.29 Million USD) and total liabilities (CN¥241.20 Million ≈ $35.29 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 financial resilience of Shanghai Hi-Road Food Technology Co. Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.54 Billion |
| % of Total Assets | 86.44% |
| Annual Growth Rate | 28.33% |
| 5-Year Change | 17.43% |
| 10-Year Change | 1794.57% |
| Growth Volatility | 116.06 |
Shanghai Hi-Road Food Technology Co. Ltd. - Net Assets Trend (2014–2024)
This chart illustrates how Shanghai Hi-Road Food Technology Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. Also explore Shanghai Hi-Road Food Technology Co. Ltd total assets for the complete picture of this company's asset base.
Annual Net Assets for Shanghai Hi-Road Food Technology Co. Ltd. (2014–2024)
The table below shows the annual net assets of Shanghai Hi-Road Food Technology Co. Ltd. from 2014 to 2024. For live valuation and market cap data, see 300915 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.55 Billion ≈ $227.04 Million |
+2.95% |
| 2023-12-31 | CN¥1.51 Billion ≈ $220.54 Million |
+3.71% |
| 2022-12-31 | CN¥1.45 Billion ≈ $212.65 Million |
+4.06% |
| 2021-12-31 | CN¥1.40 Billion ≈ $204.34 Million |
+5.69% |
| 2020-12-31 | CN¥1.32 Billion ≈ $193.34 Million |
+390.36% |
| 2019-12-31 | CN¥269.44 Million ≈ $39.43 Million |
+29.23% |
| 2018-12-31 | CN¥208.49 Million ≈ $30.51 Million |
+11.82% |
| 2017-12-31 | CN¥186.45 Million ≈ $27.28 Million |
+28.87% |
| 2016-12-31 | CN¥144.68 Million ≈ $21.17 Million |
+76.67% |
| 2015-12-31 | CN¥81.90 Million ≈ $11.98 Million |
-36.05% |
| 2014-12-31 | CN¥128.06 Million ≈ $18.74 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shanghai Hi-Road Food Technology 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 1163.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥484.07 Million | 31.20% |
| Common Stock | CN¥90.00 Million | 5.80% |
| Other Comprehensive Income | CN¥59.56 Million | 3.84% |
| Other Components | CN¥918.07 Million | 59.17% |
| Total Equity | CN¥1.55 Billion | 100.00% |
Shanghai Hi-Road Food Technology Co. Ltd. Competitors by Market Cap
The table below lists competitors of Shanghai Hi-Road Food Technology Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Konya Cimento Sanayi AS
IS:KONYA
|
$456.26 Million |
|
Hampidjan hf
IC:HAMP
|
$456.43 Million |
|
Fortune Ng Fung Food Hebei Co Ltd
SHG:600965
|
$456.44 Million |
|
I-Mab
NASDAQ:IMAB
|
$456.45 Million |
|
KAISA JiaYun Technology Inc
SHE:300242
|
$455.92 Million |
|
Ningxia Xiaoming Agriculture & Animal Husbandry Co.Ltd
SHE:300967
|
$455.90 Million |
|
Symtek Automation Asia Co Ltd
TW:6438
|
$455.83 Million |
|
Orange County Bancorp Inc
NASDAQ:OBT
|
$455.81 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shanghai Hi-Road Food Technology Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,507,110,201 to 1,551,693,084, a change of 44,582,883 (3.0%).
- Net income of 110,793,750 contributed positively to equity growth.
- Dividend payments of 36,186,281 reduced retained earnings.
- Share repurchases of 35,378,184 reduced equity.
- Other comprehensive income increased equity by 63,897,842.
- Other factors decreased equity by 58,544,244.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥110.79 Million | +7.14% |
| Dividends Paid | CN¥36.19 Million | -2.33% |
| Share Repurchases | CN¥35.38 Million | -2.28% |
| Other Comprehensive Income | CN¥63.90 Million | +4.12% |
| Other Changes | CN¥-58.54 Million | -3.77% |
| Total Change | CN¥- | 2.96% |
Book Value vs Market Value Analysis
This analysis compares Shanghai Hi-Road Food Technology 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: 1.42x
- 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 10.63x to 1.42x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | CN¥2.33 | CN¥24.76 | x |
| 2015-12-31 | CN¥1.26 | CN¥24.76 | x |
| 2016-12-31 | CN¥2.14 | CN¥24.76 | x |
| 2017-12-31 | CN¥2.77 | CN¥24.76 | x |
| 2018-12-31 | CN¥3.09 | CN¥24.76 | x |
| 2019-12-31 | CN¥2.99 | CN¥24.76 | x |
| 2020-12-31 | CN¥14.68 | CN¥24.76 | x |
| 2021-12-31 | CN¥15.52 | CN¥24.76 | x |
| 2022-12-31 | CN¥16.15 | CN¥24.76 | x |
| 2023-12-31 | CN¥16.75 | CN¥24.76 | x |
| 2024-12-31 | CN¥17.41 | CN¥24.76 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shanghai Hi-Road Food Technology 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): 7.14%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.19%
- • Asset Turnover: 0.58x
- • Equity Multiplier: 1.20x
- Recent ROE (7.14%) is below the historical average (19.92%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 17.30% | 7.93% | 1.15x | 1.90x | CN¥8.47 Million |
| 2015 | 24.44% | 5.83% | 1.46x | 2.87x | CN¥11.82 Million |
| 2016 | 42.48% | 14.93% | 1.34x | 2.12x | CN¥46.99 Million |
| 2017 | 37.33% | 14.77% | 1.27x | 1.99x | CN¥50.95 Million |
| 2018 | 34.98% | 13.48% | 1.52x | 1.71x | CN¥52.08 Million |
| 2019 | 28.47% | 13.15% | 1.39x | 1.56x | CN¥49.77 Million |
| 2020 | 6.57% | 15.19% | 0.38x | 1.13x | CN¥-45.29 Million |
| 2021 | 8.05% | 15.05% | 0.47x | 1.15x | CN¥-27.21 Million |
| 2022 | 6.42% | 10.75% | 0.50x | 1.19x | CN¥-52.01 Million |
| 2023 | 5.94% | 9.38% | 0.54x | 1.18x | CN¥-61.20 Million |
| 2024 | 7.14% | 10.19% | 0.58x | 1.20x | CN¥-44.38 Million |
Industry Comparison
This section compares Shanghai Hi-Road Food Technology Co. Ltd.'s net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $845,529,743
- Average return on equity (ROE) among peers: 0.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shanghai Hi-Road Food Technology Co. Ltd. (300915) | CN¥1.54 Billion | 17.30% | 0.16x | $455.94 Million |
| Shenzhen Shenbao Industrial Co Ltd (000019) | $957.14 Million | -3.68% | 0.11x | $1.24 Billion |
| Hainan Pearl River Holdings Co Ltd (000505) | $254.16 Million | -54.32% | 1.61x | $640.30 Million |
| Xiwang Foodstuffs Co Ltd (000639) | $92.89 Million | 11.89% | 1.23x | $320.65 Million |
| Nanfang Black Sesame Group Co Ltd (000716) | $2.53 Billion | -5.73% | 0.85x | $566.73 Million |
| CNFC Overseas Fishery Co Ltd (000798) | $838.81 Million | 6.47% | 0.11x | $498.43 Million |
| Henan Shuanghui Investment & Development Co Ltd (000895) | $290.51 Million | 13.20% | 1.80x | $14.06 Billion |
| Xinjiang Chalkis Co Ltd (000972) | $180.97 Million | 14.05% | 2.24x | $435.65 Million |
| Zhengzhou Qianweiyangchu Food Co Ltd (001215) | $953.19 Million | 9.28% | 0.41x | $666.24 Million |
| Qingdao Foods Co Ltd (001219) | $1.03 Billion | 9.49% | 0.12x | $450.52 Million |
| Shandong Oriental Ocean Sci-Tech Co Ltd (002086) | $1.33 Billion | 7.43% | 0.75x | $587.64 Million |
About Shanghai Hi-Road Food Technology Co. Ltd.
Shanghai Hi-Road Food Technology Co., Ltd. engages in the research, development, production, and sale of baking, catering, and other food raw materials in China and internationally. The company's products include cream series, jam series, chocolate series, edible oil products, compound bechamel sauce, premix series, catering series, and walrus food ingredients. It also offers baking, catering, an… Read more