Shanghai Kaichuang Marine International Co Ltd
Shanghai Kaichuang Marine International Co., Ltd., together with its subsidiaries, engages in the deep-sea fishing, aquatic product processing, and related trading businesses in China and internationally. The company operates through four segments: Ocean Fishing, Food Processing, Fishery Trading, and Maritime Transportation. It offers raw fish, including tuna, horse mackerel, Alaska pollack, Japa… Read more
Shanghai Kaichuang Marine International Co Ltd (600097) - Net Assets
Latest net assets as of September 2025: CN¥2.35 Billion CNY
Based on the latest financial reports, Shanghai Kaichuang Marine International Co Ltd (600097) has net assets worth CN¥2.35 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¥3.32 Billion) and total liabilities (CN¥968.20 Million). 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¥2.35 Billion |
| % of Total Assets | 70.82% |
| Annual Growth Rate | 13.22% |
| 5-Year Change | 18.48% |
| 10-Year Change | 186.23% |
| Growth Volatility | 97.49 |
Shanghai Kaichuang Marine International Co Ltd - Net Assets Trend (1994–2024)
This chart illustrates how Shanghai Kaichuang Marine International 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 Kaichuang Marine International Co Ltd (1994–2024)
The table below shows the annual net assets of Shanghai Kaichuang Marine International Co Ltd from 1994 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.27 Billion | -1.13% |
| 2023-12-31 | CN¥2.29 Billion | +7.87% |
| 2022-12-31 | CN¥2.13 Billion | +5.51% |
| 2021-12-31 | CN¥2.02 Billion | +5.29% |
| 2020-12-31 | CN¥1.91 Billion | +5.37% |
| 2019-12-31 | CN¥1.82 Billion | +9.11% |
| 2018-12-31 | CN¥1.67 Billion | +8.36% |
| 2017-12-31 | CN¥1.54 Billion | +86.09% |
| 2016-12-31 | CN¥825.83 Million | +4.20% |
| 2015-12-31 | CN¥792.54 Million | -13.72% |
| 2014-12-31 | CN¥918.61 Million | +7.80% |
| 2013-12-31 | CN¥852.18 Million | +7.08% |
| 2012-12-31 | CN¥795.83 Million | +16.42% |
| 2011-12-31 | CN¥683.60 Million | +8.24% |
| 2010-12-31 | CN¥631.56 Million | +5.11% |
| 2009-12-31 | CN¥600.84 Million | +33.88% |
| 2008-12-31 | CN¥448.79 Million | +138.80% |
| 2007-12-31 | CN¥187.93 Million | +0.31% |
| 2006-12-31 | CN¥187.35 Million | +3.66% |
| 2005-12-31 | CN¥180.72 Million | +7.94% |
| 2004-12-31 | CN¥167.42 Million | +6.90% |
| 2003-12-31 | CN¥156.62 Million | +7.34% |
| 2002-12-31 | CN¥145.91 Million | +11.18% |
| 2001-12-31 | CN¥131.24 Million | +405.88% |
| 2000-12-31 | CN¥25.94 Million | -90.84% |
| 1999-12-31 | CN¥283.34 Million | -29.78% |
| 1998-12-31 | CN¥403.51 Million | +11.84% |
| 1997-12-31 | CN¥360.78 Million | +343.34% |
| 1996-12-31 | CN¥81.38 Million | +36.71% |
| 1995-12-31 | CN¥59.52 Million | +8.83% |
| 1994-12-31 | CN¥54.69 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shanghai Kaichuang Marine International 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 105108500000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.05 Billion | 46.87% |
| Common Stock | CN¥410.00 Million | 18.28% |
| Other Comprehensive Income | CN¥199.86 Million | 8.91% |
| Other Components | CN¥581.47 Million | 25.93% |
| Total Equity | CN¥2.24 Billion | 100.00% |
Shanghai Kaichuang Marine International Co Ltd Competitors by Market Cap
The table below lists competitors of Shanghai Kaichuang Marine International Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Forus S.A
SN:FORUS
|
$190.62 Million |
|
ASCOM HLDG NA SF 0,50
F:AH2N
|
$190.62 Million |
|
CoinShares
PINK:CSNRF
|
$190.68 Million |
|
First Western Financial Inc
NASDAQ:MYFW
|
$190.74 Million |
|
Karnell
ST:KARNEL-B
|
$190.51 Million |
|
Frontier Group Holdings Inc
NASDAQ:ULCC
|
$190.48 Million |
|
en-japan inc.
PINK:ENJPY
|
$190.42 Million |
|
Elite Color Environmental Resources
SHE:002998
|
$190.38 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shanghai Kaichuang Marine International Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,242,263,000 to 2,242,412,000, a change of 149,000 (0.0%).
- Net income of 61,191,000 contributed positively to equity growth.
- Dividend payments of 49,477,000 reduced retained earnings.
- Other comprehensive income decreased equity by 10,003,141.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥61.19 Million | +2.73% |
| Dividends Paid | CN¥49.48 Million | -2.21% |
| Other Comprehensive Income | CN¥-10.00 Million | -0.45% |
| Other Changes | CN¥-1.56 Million | -0.07% |
| Total Change | CN¥- | 0.01% |
Book Value vs Market Value Analysis
This analysis compares Shanghai Kaichuang Marine International 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: 1.29x
- 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 25.99x to 1.29x 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¥0.45 | CN¥11.80 | x |
| 1995-12-31 | CN¥0.49 | CN¥11.80 | x |
| 1996-12-31 | CN¥0.67 | CN¥11.80 | x |
| 1997-12-31 | CN¥2.99 | CN¥11.80 | x |
| 1998-12-31 | CN¥3.00 | CN¥11.80 | x |
| 1999-12-31 | CN¥0.53 | CN¥11.80 | x |
| 2000-12-31 | CN¥0.94 | CN¥11.80 | x |
| 2001-12-31 | CN¥1.05 | CN¥11.80 | x |
| 2002-12-31 | CN¥1.16 | CN¥11.80 | x |
| 2003-12-31 | CN¥1.24 | CN¥11.80 | x |
| 2004-12-31 | CN¥1.32 | CN¥11.80 | x |
| 2005-12-31 | CN¥1.43 | CN¥11.80 | x |
| 2006-12-31 | CN¥1.46 | CN¥11.80 | x |
| 2007-12-31 | CN¥0.06 | CN¥11.80 | x |
| 2008-12-31 | CN¥5.14 | CN¥11.80 | x |
| 2009-12-31 | CN¥2.97 | CN¥11.80 | x |
| 2010-12-31 | CN¥3.03 | CN¥11.80 | x |
| 2011-12-31 | CN¥3.33 | CN¥11.80 | x |
| 2012-12-31 | CN¥3.96 | CN¥11.80 | x |
| 2013-12-31 | CN¥4.22 | CN¥11.80 | x |
| 2014-12-31 | CN¥4.50 | CN¥11.80 | x |
| 2015-12-31 | CN¥3.92 | CN¥11.80 | x |
| 2016-12-31 | CN¥4.13 | CN¥11.80 | x |
| 2017-12-31 | CN¥6.33 | CN¥11.80 | x |
| 2018-12-31 | CN¥6.79 | CN¥11.80 | x |
| 2019-12-31 | CN¥7.37 | CN¥11.80 | x |
| 2020-12-31 | CN¥7.80 | CN¥11.80 | x |
| 2021-12-31 | CN¥8.20 | CN¥11.80 | x |
| 2022-12-31 | CN¥8.68 | CN¥11.80 | x |
| 2023-12-31 | CN¥9.37 | CN¥11.80 | x |
| 2024-12-31 | CN¥9.16 | CN¥11.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shanghai Kaichuang Marine International 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): 2.73%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.64%
- • Asset Turnover: 0.69x
- • Equity Multiplier: 1.49x
- Recent ROE (2.73%) is below the historical average (4.28%), 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 | 46.98% | 64.52% | 0.31x | 2.39x | CN¥20.22 Million |
| 1995 | 56.84% | 46.84% | 0.41x | 2.93x | CN¥27.88 Million |
| 1996 | 54.59% | 38.24% | 0.49x | 2.94x | CN¥35.88 Million |
| 1997 | 16.02% | 24.95% | 0.37x | 1.76x | CN¥21.64 Million |
| 1998 | 3.75% | 6.91% | 0.25x | 2.19x | CN¥-22.57 Million |
| 1999 | -297.96% | -316.46% | 0.08x | 11.27x | CN¥-195.54 Million |
| 2000 | 1.32% | 5.50% | 0.04x | 5.50x | CN¥-9.79 Million |
| 2001 | 9.64% | 10.66% | 0.29x | 3.11x | CN¥-456.21K |
| 2002 | 7.29% | 4.88% | 0.51x | 2.94x | CN¥-3.78 Million |
| 2003 | 6.41% | 4.04% | 0.50x | 3.18x | CN¥-5.34 Million |
| 2004 | 6.56% | 3.61% | 0.63x | 2.87x | CN¥-5.49 Million |
| 2005 | 7.37% | 3.75% | 0.68x | 2.88x | CN¥-4.53 Million |
| 2006 | 6.17% | 3.59% | 0.63x | 2.72x | CN¥-6.74 Million |
| 2007 | 49.00% | 40.98% | 0.53x | 2.24x | CN¥70.03 Million |
| 2008 | 34.99% | 15.21% | 1.28x | 1.80x | CN¥112.14 Million |
| 2009 | 25.32% | 18.75% | 0.72x | 1.89x | CN¥92.02 Million |
| 2010 | 4.30% | 4.67% | 0.47x | 1.95x | CN¥-36.03 Million |
| 2011 | 9.62% | 8.95% | 0.55x | 1.95x | CN¥-2.61 Million |
| 2012 | 16.18% | 15.71% | 0.62x | 1.66x | CN¥49.20 Million |
| 2013 | 12.10% | 12.64% | 0.63x | 1.53x | CN¥17.89 Million |
| 2014 | 11.56% | 12.77% | 0.62x | 1.47x | CN¥14.30 Million |
| 2015 | -14.05% | -16.42% | 0.57x | 1.49x | CN¥-189.70 Million |
| 2016 | 0.97% | 0.68% | 0.66x | 2.13x | CN¥-73.45 Million |
| 2017 | 8.06% | 6.86% | 0.99x | 1.18x | CN¥-29.59 Million |
| 2018 | 8.54% | 7.35% | 0.83x | 1.40x | CN¥-24.02 Million |
| 2019 | 9.64% | 7.74% | 0.86x | 1.45x | CN¥-6.40 Million |
| 2020 | 7.51% | 7.17% | 0.70x | 1.50x | CN¥-46.78 Million |
| 2021 | 9.67% | 9.64% | 0.67x | 1.49x | CN¥-6.49 Million |
| 2022 | 5.08% | 5.47% | 0.57x | 1.64x | CN¥-102.95 Million |
| 2023 | 6.62% | 7.36% | 0.59x | 1.52x | CN¥-75.86 Million |
| 2024 | 2.73% | 2.64% | 0.69x | 1.49x | CN¥-163.05 Million |
Industry Comparison
This section compares Shanghai Kaichuang Marine International Co Ltd's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $1,314,559,364
- Average return on equity (ROE) among peers: 7.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shanghai Kaichuang Marine International Co Ltd (600097) | CN¥2.35 Billion | 46.98% | 0.41x | $190.55 Million |
| ShenZhen Kondarl Group Co Ltd (000048) | $493.88 Million | 5.67% | 1.45x | $677.04 Million |
| Hunan Zhenghong Science and Technology Develop Co Ltd (000702) | $473.86 Million | 3.40% | 0.49x | $192.35 Million |
| Hefei Fengle Seed Co Ltd (000713) | $541.01 Million | 5.38% | 1.28x | $460.52 Million |
| Luoniushan Co Ltd (000735) | $1.57 Billion | 5.18% | 0.35x | $939.65 Million |
| New Hope Liuhe Co Ltd (000876) | $4.62 Billion | 8.84% | 0.83x | $3.80 Billion |
| Yuan Longping High-tech Agriculture Co Ltd (000998) | $903.81 Million | 2.44% | 0.22x | $1.92 Billion |
| Dongrui Food Group Co Ltd (001201) | $326.81 Million | 2.47% | 0.90x | $262.05 Million |
| Jiangxi Sunshine Dairy Co Ltd (001318) | $555.07 Million | 18.79% | 0.29x | $164.61 Million |
| Boen Group Co. Ltd. Cl A (001366) | $521.42 Million | 14.80% | 0.42x | $88.79 Million |
| Shandong Denghai Seeds Co Ltd (002041) | $3.14 Billion | 3.25% | 0.20x | $542.58 Million |