Shanghai Construction Group Co Ltd (600170) - Net Assets
Based on the latest financial reports, Shanghai Construction Group Co Ltd (600170) has net assets worth CN¥51.27 Billion CNY (≈ $7.50 Billion 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¥331.59 Billion ≈ $48.52 Billion USD) and total liabilities (CN¥280.32 Billion ≈ $41.02 Billion 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 tangible net worth ratio of Shanghai Construction Group Co Ltd to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥51.27 Billion |
| % of Total Assets | 15.46% |
| Annual Growth Rate | 17.81% |
| 5-Year Change | 0.4% |
| 10-Year Change | 100.97% |
| Growth Volatility | 49.82 |
Shanghai Construction Group Co Ltd - Net Assets Trend (1995–2025)
This chart illustrates how Shanghai Construction Group Co Ltd's net assets have evolved over time, based on quarterly financial data. See 600170 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Shanghai Construction Group Co Ltd (1995–2025)
The table below shows the annual net assets of Shanghai Construction Group Co Ltd from 1995 to 2025. For live valuation and market cap data, see Shanghai Construction Group Co Ltd (600170) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥51.77 Billion ≈ $7.58 Billion |
-0.21% |
| 2024-12-31 | CN¥51.88 Billion ≈ $7.59 Billion |
+1.31% |
| 2023-12-31 | CN¥51.21 Billion ≈ $7.49 Billion |
+0.25% |
| 2022-12-31 | CN¥51.08 Billion ≈ $7.47 Billion |
-0.94% |
| 2021-12-31 | CN¥51.57 Billion ≈ $7.55 Billion |
+17.47% |
| 2020-12-31 | CN¥43.90 Billion ≈ $6.42 Billion |
+21.36% |
| 2019-12-31 | CN¥36.17 Billion ≈ $5.29 Billion |
+2.46% |
| 2018-12-31 | CN¥35.31 Billion ≈ $5.17 Billion |
+16.31% |
| 2017-12-31 | CN¥30.36 Billion ≈ $4.44 Billion |
+17.83% |
| 2016-12-31 | CN¥25.76 Billion ≈ $3.77 Billion |
+8.23% |
| 2015-12-31 | CN¥23.80 Billion ≈ $3.48 Billion |
+24.16% |
| 2014-12-31 | CN¥19.17 Billion ≈ $2.81 Billion |
+35.23% |
| 2013-12-31 | CN¥14.18 Billion ≈ $2.07 Billion |
+10.54% |
| 2012-12-31 | CN¥12.82 Billion ≈ $1.88 Billion |
+12.47% |
| 2011-12-31 | CN¥11.40 Billion ≈ $1.67 Billion |
+33.98% |
| 2010-12-31 | CN¥8.51 Billion ≈ $1.25 Billion |
+90.20% |
| 2009-12-31 | CN¥4.47 Billion ≈ $654.72 Million |
+6.61% |
| 2008-12-31 | CN¥4.20 Billion ≈ $614.10 Million |
+4.26% |
| 2007-12-31 | CN¥4.03 Billion ≈ $589.00 Million |
+6.25% |
| 2006-12-31 | CN¥3.79 Billion ≈ $554.36 Million |
+4.13% |
| 2005-12-31 | CN¥3.64 Billion ≈ $532.38 Million |
+3.09% |
| 2004-12-31 | CN¥3.53 Billion ≈ $516.42 Million |
+3.36% |
| 2003-12-31 | CN¥3.41 Billion ≈ $499.61 Million |
+10.36% |
| 2002-12-31 | CN¥3.09 Billion ≈ $452.72 Million |
+11.60% |
| 2001-12-31 | CN¥2.77 Billion ≈ $405.67 Million |
+30.50% |
| 2000-12-31 | CN¥2.12 Billion ≈ $310.85 Million |
+8.26% |
| 1999-12-31 | CN¥1.96 Billion ≈ $287.15 Million |
+11.46% |
| 1998-12-31 | CN¥1.76 Billion ≈ $257.62 Million |
+274.86% |
| 1997-12-31 | CN¥469.65 Million ≈ $68.72 Million |
+2.95% |
| 1996-12-31 | CN¥456.19 Million ≈ $66.75 Million |
+20.40% |
| 1995-12-31 | CN¥378.90 Million ≈ $55.45 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shanghai Construction Group 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 1697218928326.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥16.97 Billion | 33.63% |
| Other Components | CN¥33.50 Billion | 66.37% |
| Total Equity | CN¥50.47 Billion | 100.00% |
Shanghai Construction Group Co Ltd Competitors by Market Cap
The table below lists competitors of Shanghai Construction Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Central Depository Services (India) Limited
NSE:CDSL
|
$3.10 Billion |
|
SJVN Limited
NSE:SJVN
|
$3.10 Billion |
|
Hpsp Co Ltd
KQ:403870
|
$3.10 Billion |
|
Thinkon Semiconductor Jinzhou Corp
SHG:688233
|
$3.10 Billion |
|
Ningbo Sanxing Medical Electric Co Ltd
SHG:601567
|
$3.09 Billion |
|
Guangzhou Lingwe Technology Co. Ltd. A
SHE:301373
|
$3.09 Billion |
|
Telefonaktiebolaget LM Ericsson (publ)
ST:ERIC-A
|
$3.09 Billion |
|
Bank of Hawaii Corporation
NYSE:BOH
|
$3.09 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shanghai Construction Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 46,061,720,000 to 50,467,300,009, a change of 4,405,580,009 (9.6%).
- Net income of 1,237,139,456 contributed positively to equity growth.
- Dividend payments of 3,807,966,508 reduced retained earnings.
- Other comprehensive income decreased equity by 3,963,209,000.
- Other factors increased equity by 10,939,616,061.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥1.24 Billion | +2.45% |
| Dividends Paid | CN¥3.81 Billion | -7.55% |
| Other Comprehensive Income | CN¥-3.96 Billion | -7.85% |
| Other Changes | CN¥10.94 Billion | +21.68% |
| Total Change | CN¥- | 9.56% |
Book Value vs Market Value Analysis
This analysis compares Shanghai Construction Group 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: 0.42x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 25.92x to 0.42x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1995-12-31 | CN¥0.09 | CN¥2.38 | x |
| 1996-12-31 | CN¥0.11 | CN¥2.38 | x |
| 1997-12-31 | CN¥0.11 | CN¥2.38 | x |
| 1998-12-31 | CN¥0.43 | CN¥2.38 | x |
| 1999-12-31 | CN¥0.46 | CN¥2.38 | x |
| 2000-12-31 | CN¥0.50 | CN¥2.38 | x |
| 2001-12-31 | CN¥0.66 | CN¥2.38 | x |
| 2002-12-31 | CN¥0.68 | CN¥2.38 | x |
| 2003-12-31 | CN¥0.73 | CN¥2.38 | x |
| 2004-12-31 | CN¥0.76 | CN¥2.38 | x |
| 2005-12-31 | CN¥0.78 | CN¥2.38 | x |
| 2006-12-31 | CN¥0.81 | CN¥2.38 | x |
| 2007-12-31 | CN¥0.87 | CN¥2.38 | x |
| 2008-12-31 | CN¥0.91 | CN¥2.38 | x |
| 2009-12-31 | CN¥0.67 | CN¥2.38 | x |
| 2010-12-31 | CN¥1.16 | CN¥2.38 | x |
| 2011-12-31 | CN¥1.56 | CN¥2.38 | x |
| 2012-12-31 | CN¥1.78 | CN¥2.38 | x |
| 2013-12-31 | CN¥1.94 | CN¥2.38 | x |
| 2014-12-31 | CN¥2.10 | CN¥2.38 | x |
| 2015-12-31 | CN¥2.57 | CN¥2.38 | x |
| 2016-12-31 | CN¥2.64 | CN¥2.38 | x |
| 2017-12-31 | CN¥2.93 | CN¥2.38 | x |
| 2018-12-31 | CN¥3.24 | CN¥2.38 | x |
| 2019-12-31 | CN¥3.72 | CN¥2.38 | x |
| 2020-12-31 | CN¥4.13 | CN¥2.38 | x |
| 2021-12-31 | CN¥4.61 | CN¥2.38 | x |
| 2022-12-31 | CN¥4.55 | CN¥2.38 | x |
| 2023-12-31 | CN¥3.43 | CN¥2.38 | x |
| 2024-12-31 | CN¥5.18 | CN¥2.38 | x |
| 2025-12-31 | CN¥5.68 | CN¥2.38 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shanghai Construction Group 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): 2.45%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.60%
- • Asset Turnover: 0.56x
- • Equity Multiplier: 7.33x
- Recent ROE (2.45%) is below the historical average (11.63%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1995 | 36.54% | 2.04% | 4.99x | 3.58x | CN¥100.55 Million |
| 1996 | 32.72% | 2.16% | 4.80x | 3.15x | CN¥103.66 Million |
| 1997 | 38.69% | 2.13% | 5.85x | 3.10x | CN¥134.76 Million |
| 1998 | 12.33% | 2.57% | 1.92x | 2.50x | CN¥40.93 Million |
| 1999 | 10.66% | 2.73% | 1.48x | 2.65x | CN¥12.69 Million |
| 2000 | 10.93% | 2.91% | 1.52x | 2.48x | CN¥19.30 Million |
| 2001 | 6.82% | 2.31% | 1.22x | 2.42x | CN¥-86.33 Million |
| 2002 | 6.85% | 2.13% | 0.99x | 3.24x | CN¥-88.88 Million |
| 2003 | 6.12% | 1.68% | 1.17x | 3.11x | CN¥-116.41 Million |
| 2004 | 6.68% | 1.47% | 1.47x | 3.10x | CN¥-103.64 Million |
| 2005 | 7.16% | 1.26% | 1.60x | 3.53x | CN¥-91.49 Million |
| 2006 | 7.64% | 1.26% | 1.49x | 4.08x | CN¥-79.30 Million |
| 2007 | 8.37% | 1.19% | 1.62x | 4.33x | CN¥-58.70 Million |
| 2008 | 8.00% | 0.99% | 1.61x | 5.03x | CN¥-75.75 Million |
| 2009 | 18.17% | 1.35% | 2.34x | 5.74x | CN¥331.01 Million |
| 2010 | 11.87% | 1.22% | 1.53x | 6.37x | CN¥144.15 Million |
| 2011 | 13.03% | 1.68% | 1.18x | 6.55x | CN¥315.75 Million |
| 2012 | 13.53% | 1.72% | 1.13x | 7.00x | CN¥417.43 Million |
| 2013 | 12.51% | 1.58% | 1.08x | 7.37x | CN¥325.74 Million |
| 2014 | 9.99% | 1.55% | 0.99x | 6.52x | CN¥-1.12 Million |
| 2015 | 8.49% | 1.49% | 0.88x | 6.45x | CN¥-333.02 Million |
| 2016 | 9.08% | 1.57% | 0.77x | 7.56x | CN¥-211.60 Million |
| 2017 | 9.56% | 1.82% | 0.73x | 7.24x | CN¥-117.83 Million |
| 2018 | 8.95% | 1.63% | 0.79x | 6.95x | CN¥-327.81 Million |
| 2019 | 11.89% | 1.91% | 0.80x | 7.78x | CN¥624.79 Million |
| 2020 | 9.14% | 1.45% | 0.72x | 8.76x | CN¥-317.20 Million |
| 2021 | 9.20% | 1.34% | 0.79x | 8.64x | CN¥-327.38 Million |
| 2022 | 3.35% | 0.47% | 0.78x | 9.07x | CN¥-2.69 Billion |
| 2023 | 5.11% | 0.51% | 0.80x | 12.54x | CN¥-1.49 Billion |
| 2024 | 4.71% | 0.72% | 0.78x | 8.40x | CN¥-2.44 Billion |
| 2025 | 2.45% | 0.60% | 0.56x | 7.33x | CN¥-3.81 Billion |
Industry Comparison
This section compares Shanghai Construction Group Co Ltd's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $1,134,746,747
- Average return on equity (ROE) among peers: 162.99%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shanghai Construction Group Co Ltd (600170) | CN¥51.27 Billion | 36.54% | 5.47x | $3.09 Billion |
| Shenzhen Ecobeauty Co Ltd (000010) | $93.42 Million | 5.37% | 1.55x | $319.64 Million |
| Shenzhen Sed Industry Co Ltd (000032) | $297.80 Million | 12.21% | 2.00x | $4.37 Billion |
| NORINCO International Cooperation Ltd (000065) | $6.23 Billion | 12.07% | 1.90x | $2.09 Billion |
| Shenzhen Tagen Group Co Ltd (000090) | $1.04 Billion | 8.97% | 1.99x | $926.92 Million |
| Shandong Hi-Speed Road&Bridge (000498) | $10.28 Million | 1585.07% | 0.04x | $1.14 Billion |
| Jinyuan Cement Co Ltd (000546) | $156.05 Million | 1.43% | 2.11x | $589.45 Million |
| Hunan Investment Group Co Ltd (000548) | $450.96 Million | 9.95% | 1.04x | $317.04 Million |
| ChengDu Hi-Tech Development Co Ltd (000628) | $198.31 Million | 4.14% | 13.41x | $2.77 Billion |
| Gansu Engineering Consulting Group Co Ltd (000779) | $274.69 Million | -12.10% | 0.41x | $524.43 Million |
| Hainan Expressway Co Ltd (000886) | $2.60 Billion | 2.78% | 1.04x | $614.96 Million |
About Shanghai Construction Group Co Ltd
Shanghai Construction Group Co., Ltd. operates as a construction company in China and internationally. It is also involved in the housing construction engineering general contracting; construction, design, decoration, landscaping design and construction engineering general contracting; real estate development and operation; stone mining and concrete processing and manufacturing; municipal enginee… Read more