Liaoning Shidai Wanheng Co Ltd

SHG:600241 China Apparel Manufacturing
Market Cap
$371.83 Million
CN¥2.73 Billion CNY
Market Cap Rank
#16009 Global
#4271 in China
Share Price
CN¥9.27
Change (1 day)
+1.53%
52-Week Range
CN¥5.90 - CN¥10.65
All Time High
CN¥22.23
Categories
Companies in China Apparel Manufacturing
About

Liaoning Shidai Wanheng Co.,Ltd., together with its subsidiaries, engages in the research, development, production, and sale of energy batteries. It offers lithium-ion batteries used in electric tools; and nickel-metal hydride batteries used in personal care, consumer goods, electric tools, and other fields. The company is also involved in property leasing business; investment and operation of hi… Read more

Liaoning Shidai Wanheng Co Ltd (600241) - Net Assets

Latest net assets as of September 2025: CN¥1.10 Billion CNY

Based on the latest financial reports, Liaoning Shidai Wanheng Co Ltd (600241) has net assets worth CN¥1.10 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¥1.21 Billion) and total liabilities (CN¥118.79 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¥1.10 Billion
% of Total Assets 90.22%
Annual Growth Rate 9.48%
5-Year Change 26.09%
10-Year Change 47.75%
Growth Volatility 41.68

Liaoning Shidai Wanheng Co Ltd - Net Assets Trend (1997–2024)

This chart illustrates how Liaoning Shidai Wanheng 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 Liaoning Shidai Wanheng Co Ltd (1997–2024)

The table below shows the annual net assets of Liaoning Shidai Wanheng Co Ltd from 1997 to 2024.

Year Net Assets Change
2024-12-31 CN¥1.09 Billion +1.74%
2023-12-31 CN¥1.08 Billion +8.64%
2022-12-31 CN¥990.33 Million +12.33%
2021-12-31 CN¥881.61 Million +1.55%
2020-12-31 CN¥868.12 Million +2.45%
2019-12-31 CN¥847.38 Million -31.95%
2018-12-31 CN¥1.25 Billion -15.92%
2017-12-31 CN¥1.48 Billion +122.36%
2016-12-31 CN¥666.00 Million -10.10%
2015-12-31 CN¥740.86 Million +45.55%
2014-12-31 CN¥508.99 Million -23.12%
2013-12-31 CN¥662.02 Million +10.25%
2012-12-31 CN¥600.48 Million +1.70%
2011-12-31 CN¥590.45 Million +7.96%
2010-12-31 CN¥546.92 Million +3.04%
2009-12-31 CN¥530.77 Million -0.83%
2008-12-31 CN¥535.19 Million -2.61%
2007-12-31 CN¥549.52 Million +0.48%
2006-12-31 CN¥546.92 Million +6.79%
2005-12-31 CN¥512.14 Million +12.34%
2004-12-31 CN¥455.88 Million +5.32%
2003-12-31 CN¥432.86 Million +5.15%
2002-12-31 CN¥411.66 Million +5.64%
2001-12-31 CN¥389.68 Million +10.04%
2000-12-31 CN¥354.11 Million +178.70%
1999-12-31 CN¥127.06 Million +28.65%
1998-12-31 CN¥98.76 Million +4.20%
1997-12-31 CN¥94.78 Million --

Equity Component Analysis

This analysis shows how different components contribute to Liaoning Shidai Wanheng 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 decreased by 35425942100.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥294.30 Million 25.22%
Other Comprehensive Income CN¥116.84 Million 10.01%
Other Components CN¥1.11 Billion 95.12%
Total Equity CN¥1.17 Billion 100.00%

Liaoning Shidai Wanheng Co Ltd Competitors by Market Cap

The table below lists competitors of Liaoning Shidai Wanheng Co Ltd ranked by their market capitalization.

Company Market Cap
Sparebank 1 Ostfold Akershus
OL:SOAG
 		$164.86 Million
ROPEOK Technology Group Co Ltd
SHG:688619
 		$164.96 Million
Ace Hardware Indonesia Tbk
JK:ACES
 		$164.96 Million
Pilani Investment and Industries Corporation Limited
NSE:PILANIINVS
 		$165.00 Million
Solrom Holdings Ltd
TA:SLRM
 		$164.72 Million
Energa SA
F:EN2
 		$164.70 Million
Harbin Medisan Pharmaceutical Co Ltd
SHE:002900
 		$164.68 Million
Sports Gear Co. Ltd
TW:6768
 		$164.67 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Liaoning Shidai Wanheng Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,147,368,118 to 1,166,751,035, a change of 19,382,917 (1.7%).
  • Net income of 19,382,916 contributed positively to equity growth.
  • Other comprehensive income increased equity by 116,842,921.
  • Other factors decreased equity by 116,842,920.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥19.38 Million +1.66%
Other Comprehensive Income CN¥116.84 Million +10.01%
Other Changes CN¥-116.84 Million -10.01%
Total Change CN¥- 1.69%

Book Value vs Market Value Analysis

This analysis compares Liaoning Shidai Wanheng 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: 2.34x
  • 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 18.24x to 2.34x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1997-12-31 CN¥0.51 CN¥9.27 x
1998-12-31 CN¥0.53 CN¥9.27 x
1999-12-31 CN¥0.69 CN¥9.27 x
2000-12-31 CN¥1.97 CN¥9.27 x
2001-12-31 CN¥2.16 CN¥9.27 x
2002-12-31 CN¥2.29 CN¥9.27 x
2003-12-31 CN¥2.44 CN¥9.27 x
2004-12-31 CN¥2.55 CN¥9.27 x
2005-12-31 CN¥2.64 CN¥9.27 x
2006-12-31 CN¥2.68 CN¥9.27 x
2007-12-31 CN¥2.68 CN¥9.27 x
2008-12-31 CN¥2.60 CN¥9.27 x
2009-12-31 CN¥2.59 CN¥9.27 x
2010-12-31 CN¥2.61 CN¥9.27 x
2011-12-31 CN¥2.80 CN¥9.27 x
2012-12-31 CN¥2.99 CN¥9.27 x
2013-12-31 CN¥2.61 CN¥9.27 x
2014-12-31 CN¥1.95 CN¥9.27 x
2015-12-31 CN¥3.85 CN¥9.27 x
2016-12-31 CN¥2.78 CN¥9.27 x
2017-12-31 CN¥6.63 CN¥9.27 x
2018-12-31 CN¥4.25 CN¥9.27 x
2019-12-31 CN¥3.33 CN¥9.27 x
2020-12-31 CN¥3.39 CN¥9.27 x
2021-12-31 CN¥3.38 CN¥9.27 x
2022-12-31 CN¥3.64 CN¥9.27 x
2023-12-31 CN¥3.97 CN¥9.27 x
2024-12-31 CN¥3.96 CN¥9.27 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Liaoning Shidai Wanheng 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): 1.66%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 4.84%
  • • Asset Turnover: 0.32x
  • • Equity Multiplier: 1.06x
  • Recent ROE (1.66%) is below the historical average (2.44%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1997 30.69% 2.62% 3.76x 3.12x CN¥18.55 Million
1998 31.31% 2.75% 3.94x 2.88x CN¥19.93 Million
1999 24.25% 3.23% 3.13x 2.40x CN¥17.34 Million
2000 9.11% 3.06% 1.68x 1.78x CN¥-3.08 Million
2001 8.33% 2.33% 2.20x 1.62x CN¥-6.36 Million
2002 8.25% 2.06% 2.42x 1.66x CN¥-7.06 Million
2003 6.15% 1.71% 2.24x 1.60x CN¥-16.56 Million
2004 5.64% 1.59% 2.22x 1.60x CN¥-19.65 Million
2005 3.98% 1.06% 2.11x 1.78x CN¥-28.05 Million
2006 3.12% 0.78% 2.03x 1.97x CN¥-32.52 Million
2007 2.64% 0.63% 1.98x 2.10x CN¥-35.55 Million
2008 -1.59% -0.48% 1.05x 3.13x CN¥-55.15 Million
2009 2.82% 0.84% 1.04x 3.24x CN¥-34.84 Million
2010 2.25% 0.53% 1.58x 2.71x CN¥-38.01 Million
2011 2.86% 0.87% 1.09x 3.00x CN¥-36.02 Million
2012 2.43% 0.80% 1.18x 2.59x CN¥-39.15 Million
2013 3.06% 0.87% 0.91x 3.86x CN¥-31.32 Million
2014 -24.68% -6.49% 0.65x 5.81x CN¥-122.58 Million
2015 2.34% 1.14% 0.68x 3.02x CN¥-54.61 Million
2016 -12.57% -5.04% 0.70x 3.55x CN¥-141.17 Million
2017 1.36% 1.30% 0.53x 1.98x CN¥-124.20 Million
2018 -13.89% -21.46% 0.44x 1.48x CN¥-300.65 Million
2019 -40.60% -90.63% 0.33x 1.35x CN¥-496.04 Million
2020 -3.94% -7.63% 0.42x 1.25x CN¥-139.12 Million
2021 0.39% 0.49% 0.57x 1.38x CN¥-95.57 Million
2022 7.63% 8.74% 0.64x 1.36x CN¥-25.39 Million
2023 5.28% 9.27% 0.52x 1.09x CN¥-54.11 Million
2024 1.66% 4.84% 0.32x 1.06x CN¥-97.29 Million

Industry Comparison

This section compares Liaoning Shidai Wanheng Co Ltd's net assets metrics with peer companies in the Apparel Manufacturing industry.

Industry Context

  • Industry: Apparel Manufacturing
  • Average net assets among peers: $2,206,313,151
  • Average return on equity (ROE) among peers: 2.45%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Liaoning Shidai Wanheng Co Ltd (600241) CN¥1.10 Billion 30.69% 0.11x $164.81 Million
Zhejiang Weixing Industrial Development Co Ltd (002003) $974.80 Million 17.69% 0.49x $867.77 Million
Fujian Septwolves Industry Co Ltd (002029) $4.64 Billion 8.17% 0.48x $457.54 Million
Fujian SBS Zipper Science Tech (002098) $721.33 Million 4.44% 1.84x $199.49 Million
Shanghai Metersbonwe Fashion&Accessories Co Ltd (002269) $280.23 Million -69.72% 5.77x $372.17 Million
Zhejiang Jiaxin Silk Corp Ltd (002404) $1.35 Billion 5.95% 0.28x $269.75 Million
Cedar Development Co Ltd (002485) $445.93 Million 24.89% 1.15x $114.77 Million
Huasi Agricultural Development Co Ltd (002494) $2.00 Billion 0.75% 0.26x $196.67 Million
Zhejiang Semir Garment Co Ltd (002563) $8.08 Billion 11.16% 0.20x $516.52 Million
Zhejiang Busen Garments Co Ltd (002569) $205.85 Million 20.48% 1.18x $191.63 Million
Lancy Co Ltd (002612) $3.37 Billion 0.63% 1.11x $456.93 Million