Shandong Nanshan Zhishang Sci-Tech Co.Ltd. (300918) - Net Assets
Based on the latest financial reports, Shandong Nanshan Zhishang Sci-Tech Co.Ltd. (300918) has net assets worth CN¥3.80 Billion CNY (≈ $556.69 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¥5.05 Billion ≈ $739.43 Million USD) and total liabilities (CN¥1.25 Billion ≈ $182.74 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 Shandong Nanshan Zhishang Sci-Tech Co.Lt liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.80 Billion |
| % of Total Assets | 75.29% |
| Annual Growth Rate | 14.47% |
| 5-Year Change | 43.32% |
| 10-Year Change | N/A |
| Growth Volatility | 11.93 |
Shandong Nanshan Zhishang Sci-Tech Co.Ltd. - Net Assets Trend (2016–2024)
This chart illustrates how Shandong Nanshan Zhishang Sci-Tech Co.Ltd.'s net assets have evolved over time, based on quarterly financial data. Also explore Shandong Nanshan Zhishang Sci-Tech Co.Lt total assets for the complete picture of this company's asset base.
Annual Net Assets for Shandong Nanshan Zhishang Sci-Tech Co.Ltd. (2016–2024)
The table below shows the annual net assets of Shandong Nanshan Zhishang Sci-Tech Co.Ltd. from 2016 to 2024. For live valuation and market cap data, see market cap of Shandong Nanshan Zhishang Sci-Tech Co.Lt.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.20 Billion ≈ $322.05 Million |
+8.54% |
| 2023-12-31 | CN¥2.03 Billion ≈ $296.72 Million |
+11.87% |
| 2022-12-31 | CN¥1.81 Billion ≈ $265.23 Million |
+8.80% |
| 2021-12-31 | CN¥1.67 Billion ≈ $243.77 Million |
+8.49% |
| 2020-12-31 | CN¥1.54 Billion ≈ $224.70 Million |
+45.77% |
| 2019-12-31 | CN¥1.05 Billion ≈ $154.15 Million |
+12.96% |
| 2018-12-31 | CN¥932.52 Million ≈ $136.46 Million |
+16.00% |
| 2017-12-31 | CN¥803.91 Million ≈ $117.64 Million |
+7.66% |
| 2016-12-31 | CN¥746.74 Million ≈ $109.27 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Shandong Nanshan Zhishang Sci-Tech 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 102.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥785.63 Million | 35.79% |
| Common Stock | CN¥365.90 Million | 16.67% |
| Other Comprehensive Income | CN¥206.84 Million | 9.42% |
| Other Components | CN¥836.98 Million | 38.13% |
| Total Equity | CN¥2.20 Billion | 100.00% |
Shandong Nanshan Zhishang Sci-Tech Co.Ltd. Competitors by Market Cap
The table below lists competitors of Shandong Nanshan Zhishang Sci-Tech Co.Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LuxExperience B.V.
NYSE:LUXE
|
$1.16 Billion |
|
Shenzhen Jiang and Associates Creative Design Co Ltd
SHE:300668
|
$1.16 Billion |
|
LX International Corp
KO:001120
|
$1.16 Billion |
|
MapLight Therapeutics, Inc. Common Stock
NASDAQ:MPLT
|
$1.16 Billion |
|
RLJ Lodging Trust
NYSE:RLJ
|
$1.16 Billion |
|
Ningbo Changhong Polymer Scientific & Technical Inc
SHG:605008
|
$1.16 Billion |
|
Sunflower Pharmaceuticals Group Co Ltd
SHE:002737
|
$1.16 Billion |
|
Srisawad Power 1979 PCL
BK:SAWAD
|
$1.16 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shandong Nanshan Zhishang Sci-Tech Co.Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,021,971,057 to 2,195,352,569, a change of 173,381,512 (8.6%).
- Net income of 190,843,573 contributed positively to equity growth.
- Dividend payments of 73,403,617 reduced retained earnings.
- Other comprehensive income increased equity by 206,841,549.
- Other factors decreased equity by 150,899,993.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥190.84 Million | +8.69% |
| Dividends Paid | CN¥73.40 Million | -3.34% |
| Other Comprehensive Income | CN¥206.84 Million | +9.42% |
| Other Changes | CN¥-150.90 Million | -6.87% |
| Total Change | CN¥- | 8.57% |
Book Value vs Market Value Analysis
This analysis compares Shandong Nanshan Zhishang Sci-Tech 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: 2.73x
- 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 5.95x to 2.73x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | CN¥2.64 | CN¥15.69 | x |
| 2017-12-31 | CN¥2.97 | CN¥15.69 | x |
| 2018-12-31 | CN¥3.43 | CN¥15.69 | x |
| 2019-12-31 | CN¥3.96 | CN¥15.69 | x |
| 2020-12-31 | CN¥4.25 | CN¥15.69 | x |
| 2021-12-31 | CN¥4.61 | CN¥15.69 | x |
| 2022-12-31 | CN¥5.02 | CN¥15.69 | x |
| 2023-12-31 | CN¥4.99 | CN¥15.69 | x |
| 2024-12-31 | CN¥5.75 | CN¥15.69 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shandong Nanshan Zhishang Sci-Tech 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): 8.69%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.81%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 2.11x
- Recent ROE (8.69%) is below the historical average (10.21%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 11.76% | 5.30% | 0.81x | 2.74x | CN¥12.38 Million |
| 2017 | 11.45% | 5.53% | 0.73x | 2.83x | CN¥11.66 Million |
| 2018 | 13.11% | 6.07% | 0.88x | 2.44x | CN¥28.72 Million |
| 2019 | 11.64% | 6.88% | 0.87x | 1.94x | CN¥17.16 Million |
| 2020 | 5.72% | 6.44% | 0.56x | 1.59x | CN¥-65.46 Million |
| 2021 | 9.18% | 10.22% | 0.55x | 1.63x | CN¥-13.59 Million |
| 2022 | 10.34% | 11.43% | 0.51x | 1.77x | CN¥6.06 Million |
| 2023 | 10.02% | 12.66% | 0.43x | 1.82x | CN¥450.61K |
| 2024 | 8.69% | 11.81% | 0.35x | 2.11x | CN¥-28.69 Million |
Industry Comparison
This section compares Shandong Nanshan Zhishang Sci-Tech Co.Ltd.'s net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $2,441,338,212
- Average return on equity (ROE) among peers: 7.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shandong Nanshan Zhishang Sci-Tech Co.Ltd. (300918) | CN¥3.80 Billion | 11.76% | 0.33x | $1.16 Billion |
| Shenzhen Textile Holdings Co Ltd (000045) | $3.46 Billion | -0.66% | 0.34x | $820.58 Million |
| Shijiazhuang Changshan Textile Co Ltd (000158) | $6.17 Billion | 2.12% | 1.69x | $4.19 Billion |
| Jilin Chemical Fibre Co Ltd (000420) | $1.07 Billion | 0.77% | 0.84x | $1.98 Billion |
| Lu Thai Textile Co Ltd (000726) | $161.07 Million | 16.98% | 1.99x | $570.96 Million |
| Anhui Huamao Textile Co Ltd (000850) | $5.43 Billion | 1.49% | 0.58x | $621.40 Million |
| Xinxiang Chemical Fiber Co Ltd (000949) | $1.62 Billion | 16.10% | 1.25x | $1.86 Billion |
| Xinlong Holding Group Co Ltd (000955) | $231.52 Million | 1.10% | 1.77x | $412.04 Million |
| Huafu Top Dyed Melange Yarn Co Ltd (002042) | $4.24 Billion | 11.31% | 1.60x | $1.29 Billion |
| Sunvim Group Co Ltd (002083) | $311.49 Million | 21.16% | 2.91x | $1.53 Billion |
| Hongda High-Tech Holding Co Ltd (002144) | $1.72 Billion | 6.83% | 0.27x | $368.33 Million |
About Shandong Nanshan Zhishang Sci-Tech Co.Ltd.
Shandong Nanshan Fashion Sci-Tech Co., Ltd. engages in research, development, design, production, and sale of worsted woolen fabrics, formal professional wear, and textile fibers in China. The company offers chemical textiles/fiber products. It also offers business suits, school uniforms, and work clothes under DELLMA brand name. in addition, the company provides online and offline marketing serv… Read more