Shanghai Maling Aquarius Co Ltd

SHG:600073 China Packaged Foods
Market Cap
$839.67 Million
CN¥6.16 Billion CNY
Market Cap Rank
#10117 Global
#2179 in China
Share Price
CN¥6.57
Change (1 day)
-1.35%
52-Week Range
CN¥6.36 - CN¥8.52
All Time High
CN¥13.43
About

Shanghai Bright Meat Group Co., Ltd. engages in the production, manufacture, and distribution of food products in China. The company offers pork, beef, mutton, canned food, health wine, monosodium glutamate, baked food, meat products, candy, honey, drinking water, noodles, snacks foods, etc., as well as engages in the breeding and slaughtering activities. It also provides semi-finished meat prepa… Read more

Shanghai Maling Aquarius Co Ltd (600073) - Net Assets

Latest net assets as of September 2025: CN¥6.81 Billion CNY

Based on the latest financial reports, Shanghai Maling Aquarius Co Ltd (600073) has net assets worth CN¥6.81 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¥13.79 Billion) and total liabilities (CN¥6.98 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¥6.81 Billion
% of Total Assets 49.37%
Annual Growth Rate 15.15%
5-Year Change -6.98%
10-Year Change 87.32%
Growth Volatility 40.84

Shanghai Maling Aquarius Co Ltd - Net Assets Trend (1994–2024)

This chart illustrates how Shanghai Maling Aquarius 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 Maling Aquarius Co Ltd (1994–2024)

The table below shows the annual net assets of Shanghai Maling Aquarius Co Ltd from 1994 to 2024.

Year Net Assets Change
2024-12-31 CN¥6.71 Billion -0.60%
2023-12-31 CN¥6.75 Billion -5.33%
2022-12-31 CN¥7.13 Billion +6.44%
2021-12-31 CN¥6.70 Billion -7.13%
2020-12-31 CN¥7.22 Billion +10.63%
2019-12-31 CN¥6.52 Billion +13.56%
2018-12-31 CN¥5.75 Billion +4.54%
2017-12-31 CN¥5.50 Billion +6.85%
2016-12-31 CN¥5.14 Billion +43.50%
2015-12-31 CN¥3.58 Billion +12.96%
2014-12-31 CN¥3.17 Billion +40.75%
2013-12-31 CN¥2.25 Billion +9.08%
2012-12-31 CN¥2.07 Billion +5.26%
2011-12-31 CN¥1.96 Billion +130.99%
2010-12-31 CN¥850.04 Million -1.65%
2009-12-31 CN¥864.31 Million -4.91%
2008-12-31 CN¥908.91 Million -9.11%
2007-12-31 CN¥1.00 Billion +7.23%
2006-12-31 CN¥932.59 Million +0.24%
2005-12-31 CN¥930.38 Million +5.83%
2004-12-31 CN¥879.10 Million -2.74%
2003-12-31 CN¥903.82 Million +1.25%
2002-12-31 CN¥892.68 Million +3.17%
2001-12-31 CN¥865.23 Million +2.96%
2000-12-31 CN¥840.33 Million -2.68%
1999-12-31 CN¥863.45 Million -4.67%
1998-12-31 CN¥905.71 Million +15.83%
1997-12-31 CN¥781.91 Million +151.91%
1996-12-31 CN¥310.39 Million +42.79%
1995-12-31 CN¥217.37 Million +123.16%
1994-12-31 CN¥97.41 Million --

Equity Component Analysis

This analysis shows how different components contribute to Shanghai Maling Aquarius 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 30520.9% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥2.15 Billion 43.82%
Common Stock CN¥937.73 Million 19.15%
Other Components CN¥1.81 Billion 37.03%
Total Equity CN¥4.90 Billion 100.00%

Shanghai Maling Aquarius Co Ltd Competitors by Market Cap

The table below lists competitors of Shanghai Maling Aquarius Co Ltd ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 4,949,498,401 to 4,895,490,164, a change of -54,008,237 (-1.1%).
  • Net income of 216,058,780 contributed positively to equity growth.
  • Dividend payments of 204,375,826 reduced retained earnings.
  • Other factors decreased equity by 65,691,191.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥216.06 Million +4.41%
Dividends Paid CN¥204.38 Million -4.17%
Other Changes CN¥-65.69 Million -1.34%
Total Change CN¥- -1.09%

Book Value vs Market Value Analysis

This analysis compares Shanghai Maling Aquarius 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: 1.26x
  • 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 17.40x to 1.26x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1994-12-31 CN¥0.38 CN¥6.57 x
1995-12-31 CN¥0.66 CN¥6.57 x
1996-12-31 CN¥1.10 CN¥6.57 x
1997-12-31 CN¥3.59 CN¥6.57 x
1998-12-31 CN¥3.84 CN¥6.57 x
1999-12-31 CN¥3.67 CN¥6.57 x
2000-12-31 CN¥3.74 CN¥6.57 x
2001-12-31 CN¥3.79 CN¥6.57 x
2002-12-31 CN¥0.74 CN¥6.57 x
2003-12-31 CN¥0.75 CN¥6.57 x
2004-12-31 CN¥0.75 CN¥6.57 x
2005-12-31 CN¥0.76 CN¥6.57 x
2006-12-31 CN¥0.85 CN¥6.57 x
2007-12-31 CN¥0.83 CN¥6.57 x
2008-12-31 CN¥0.76 CN¥6.57 x
2009-12-31 CN¥0.70 CN¥6.57 x
2010-12-31 CN¥0.72 CN¥6.57 x
2011-12-31 CN¥1.72 CN¥6.57 x
2012-12-31 CN¥2.28 CN¥6.57 x
2013-12-31 CN¥2.41 CN¥6.57 x
2014-12-31 CN¥3.40 CN¥6.57 x
2015-12-31 CN¥3.09 CN¥6.57 x
2016-12-31 CN¥3.37 CN¥6.57 x
2017-12-31 CN¥3.80 CN¥6.57 x
2018-12-31 CN¥4.11 CN¥6.57 x
2019-12-31 CN¥4.29 CN¥6.57 x
2020-12-31 CN¥4.62 CN¥6.57 x
2021-12-31 CN¥4.69 CN¥6.57 x
2022-12-31 CN¥5.17 CN¥6.57 x
2023-12-31 CN¥5.28 CN¥6.57 x
2024-12-31 CN¥5.22 CN¥6.57 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shanghai Maling Aquarius 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): 4.41%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 0.98%
  • • Asset Turnover: 1.48x
  • • Equity Multiplier: 3.04x
  • Recent ROE (4.41%) is below the historical average (6.92%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1994 16.75% 5.77% 0.72x 4.04x CN¥5.32 Million
1995 15.24% 4.48% 0.64x 5.33x CN¥7.16 Million
1996 34.55% 14.40% 0.79x 3.06x CN¥56.22 Million
1997 10.24% 13.19% 0.57x 1.37x CN¥1.82 Million
1998 6.81% 9.45% 0.50x 1.44x CN¥-25.55 Million
1999 13.34% 18.17% 0.40x 1.82x CN¥25.56 Million
2000 10.24% 14.87% 0.40x 1.71x CN¥1.87 Million
2001 4.36% 6.94% 0.39x 1.62x CN¥-44.61 Million
2002 1.32% 1.67% 0.43x 1.82x CN¥-69.28 Million
2003 0.29% 0.34% 0.43x 1.93x CN¥-77.79 Million
2004 0.83% 1.05% 0.39x 2.03x CN¥-74.14 Million
2005 0.76% 0.71% 0.53x 2.04x CN¥-75.35 Million
2006 0.55% 0.51% 0.48x 2.25x CN¥-77.50 Million
2007 0.41% 0.31% 0.54x 2.44x CN¥-83.32 Million
2008 0.59% 0.53% 0.43x 2.59x CN¥-78.47 Million
2009 -9.00% -3.45% 0.85x 3.08x CN¥-144.38 Million
2010 8.28% 2.85% 1.02x 2.85x CN¥-13.04 Million
2011 7.92% 2.50% 1.35x 2.35x CN¥-37.58 Million
2012 7.29% 1.74% 1.49x 2.80x CN¥-50.76 Million
2013 4.49% 0.86% 1.87x 2.80x CN¥-109.32 Million
2014 1.60% 0.44% 1.66x 2.20x CN¥-242.86 Million
2015 5.51% 1.34% 1.59x 2.59x CN¥-133.30 Million
2016 8.02% 1.85% 1.20x 3.61x CN¥-63.41 Million
2017 7.90% 1.26% 1.97x 3.18x CN¥-74.52 Million
2018 8.03% 1.38% 1.92x 3.03x CN¥-74.94 Million
2019 13.95% 2.40% 1.70x 3.42x CN¥158.93 Million
2020 17.36% 3.15% 1.61x 3.41x CN¥318.78 Million
2021 -2.32% -0.43% 1.58x 3.41x CN¥-541.90 Million
2022 10.38% 2.01% 1.58x 3.26x CN¥18.19 Million
2023 4.56% 1.01% 1.46x 3.10x CN¥-269.38 Million
2024 4.41% 0.98% 1.48x 3.04x CN¥-273.49 Million

Industry Comparison

This section compares Shanghai Maling Aquarius Co Ltd's net assets metrics with peer companies in the Packaged Foods industry.

Industry Context

  • Industry: Packaged Foods
  • Average net assets among peers: $2,496,572,190
  • Average return on equity (ROE) among peers: -3.76%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shanghai Maling Aquarius Co Ltd (600073) CN¥6.81 Billion 16.75% 1.03x $516.26 Million
Xiwang Foodstuffs Co Ltd (000639) $65.61 Million -62.17% 1.91x $345.26 Million
Nanfang Black Sesame Group Co Ltd (000716) $199.49 Million -32.62% 2.81x $346.21 Million
CNFC Overseas Fishery Co Ltd (000798) $727.64 Million 8.49% 0.27x $430.25 Million
Henan Shuanghui Investment & Development Co Ltd (000895) $16.36 Billion 24.69% 0.34x $3.98 Billion
Xinjiang Chalkis Co Ltd (000972) $760.28 Million -33.42% 2.17x $202.97 Million
Zhengzhou Qianweiyangchu Food Co Ltd (001215) $332.95 Million 17.62% 0.88x $266.09 Million
Wenzhou Yuanfei Pet Toy Products Co. Ltd. A (001222) $1.35 Billion 9.31% 0.15x $160.97 Million
Guangdong Yuehai Feeds Group Co.Ltd. (001313) $2.07 Billion 7.87% 0.47x $169.20 Million
Shandong Oriental Ocean Sci-Tech Co Ltd (002086) $393.72 Million 8.08% 0.70x $460.31 Million
Xinjiang Tecon Animal Husbandry Bio-Technology Co Ltd (002100) $2.70 Billion 14.52% 0.66x $903.18 Million