Shanghai Shibei Hi-Tech Co Ltd A
Shanghai Shibei Hi-Tech Co.,Ltd. engages in the development and operation of real estate properties in China. The company develops, constructs, operates, and manages industrial carriers in Shibei High-tech Park. It also engages in the industrial investment incubation and industrial service integration businesses. Shanghai Shibei Hi-Tech Co.,Ltd. was formerly known as Shanghai Erfang Machinery Co.… Read more
Shanghai Shibei Hi-Tech Co Ltd A (600604) - Net Assets
Latest net assets as of September 2025: CN¥8.13 Billion CNY
Based on the latest financial reports, Shanghai Shibei Hi-Tech Co Ltd A (600604) has net assets worth CN¥8.13 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¥20.44 Billion) and total liabilities (CN¥12.31 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¥8.13 Billion |
| % of Total Assets | 39.76% |
| Annual Growth Rate | 7.23% |
| 5-Year Change | 0.09% |
| 10-Year Change | 134.05% |
| Growth Volatility | 103.81 |
Shanghai Shibei Hi-Tech Co Ltd A - Net Assets Trend (1992–2024)
This chart illustrates how Shanghai Shibei Hi-Tech Co Ltd A'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 Shibei Hi-Tech Co Ltd A (1992–2024)
The table below shows the annual net assets of Shanghai Shibei Hi-Tech Co Ltd A from 1992 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥8.39 Billion | +1.03% |
| 2023-12-31 | CN¥8.30 Billion | -2.45% |
| 2022-12-31 | CN¥8.51 Billion | +0.72% |
| 2021-12-31 | CN¥8.45 Billion | +0.83% |
| 2020-12-31 | CN¥8.38 Billion | +10.98% |
| 2019-12-31 | CN¥7.55 Billion | +2.96% |
| 2018-12-31 | CN¥7.33 Billion | +19.71% |
| 2017-12-31 | CN¥6.13 Billion | +4.89% |
| 2016-12-31 | CN¥5.84 Billion | +62.99% |
| 2015-12-31 | CN¥3.58 Billion | +167.98% |
| 2014-12-31 | CN¥1.34 Billion | +2.69% |
| 2013-12-31 | CN¥1.30 Billion | +13.81% |
| 2012-12-31 | CN¥1.14 Billion | +568.80% |
| 2011-12-31 | CN¥171.04 Million | +0.39% |
| 2010-12-31 | CN¥170.38 Million | -37.01% |
| 2009-12-31 | CN¥270.50 Million | -27.80% |
| 2008-12-31 | CN¥374.66 Million | -10.36% |
| 2007-12-31 | CN¥417.96 Million | -31.40% |
| 2006-12-31 | CN¥609.31 Million | -9.55% |
| 2005-12-31 | CN¥673.68 Million | -0.13% |
| 2004-12-31 | CN¥674.54 Million | +1.59% |
| 2003-12-31 | CN¥663.99 Million | +1.53% |
| 2002-12-31 | CN¥653.99 Million | -6.20% |
| 2001-12-31 | CN¥697.19 Million | -20.54% |
| 2000-12-31 | CN¥877.37 Million | -3.59% |
| 1999-12-31 | CN¥910.06 Million | -1.94% |
| 1998-12-31 | CN¥928.11 Million | -4.38% |
| 1997-12-31 | CN¥970.59 Million | -15.20% |
| 1996-12-31 | CN¥1.14 Billion | +7.81% |
| 1995-12-31 | CN¥1.06 Billion | -2.61% |
| 1994-12-31 | CN¥1.09 Billion | +3.66% |
| 1993-12-31 | CN¥1.05 Billion | +17.18% |
| 1992-12-31 | CN¥897.49 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shanghai Shibei Hi-Tech Co Ltd A'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 5523.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.25 Billion | 19.50% |
| Common Stock | CN¥1.87 Billion | 29.16% |
| Other Components | CN¥3.30 Billion | 51.34% |
| Total Equity | CN¥6.42 Billion | 100.00% |
Shanghai Shibei Hi-Tech Co Ltd A Competitors by Market Cap
The table below lists competitors of Shanghai Shibei Hi-Tech Co Ltd A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sichuan Lutianhua Co Ltd
SHE:000912
|
$715.48 Million |
|
Sinopep-Allsino Biopharmaceutical Co. Ltd. A
SHG:688076
|
$715.68 Million |
|
Jiangsu Zhengdan Chemical Industry Co Ltd
SHE:300641
|
$715.84 Million |
|
GrainCorp Limited
PINK:GRCLF
|
$716.36 Million |
|
Srisawad Power 1979 PCL
BK:SAWAD
|
$715.31 Million |
|
Unilumin Group Co Ltd
SHE:300232
|
$714.81 Million |
|
Nanosonics Limited
PINK:NNCSF
|
$714.50 Million |
|
Mavi Giyim Sanayi Ve Ticaret AS
IS:MAVI
|
$714.48 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shanghai Shibei Hi-Tech Co Ltd A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,392,848,018 to 6,423,378,948, a change of 30,530,930 (0.5%).
- Net income of 30,530,930 contributed positively to equity growth.
- Dividend payments of 291,433,172 reduced retained earnings.
- Other factors increased equity by 291,433,172.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥30.53 Million | +0.48% |
| Dividends Paid | CN¥291.43 Million | -4.54% |
| Other Changes | CN¥291.43 Million | +4.54% |
| Total Change | CN¥- | 0.48% |
Book Value vs Market Value Analysis
This analysis compares Shanghai Shibei Hi-Tech Co Ltd A'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: 1.52x
- 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 5.90x to 1.52x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1992-12-31 | CN¥0.88 | CN¥5.20 | x |
| 1993-12-31 | CN¥1.03 | CN¥5.20 | x |
| 1994-12-31 | CN¥1.07 | CN¥5.20 | x |
| 1995-12-31 | CN¥1.04 | CN¥5.20 | x |
| 1996-12-31 | CN¥1.12 | CN¥5.20 | x |
| 1997-12-31 | CN¥0.95 | CN¥5.20 | x |
| 1998-12-31 | CN¥0.90 | CN¥5.20 | x |
| 1999-12-31 | CN¥0.88 | CN¥5.20 | x |
| 2000-12-31 | CN¥0.85 | CN¥5.20 | x |
| 2001-12-31 | CN¥0.67 | CN¥5.20 | x |
| 2002-12-31 | CN¥0.62 | CN¥5.20 | x |
| 2003-12-31 | CN¥0.63 | CN¥5.20 | x |
| 2004-12-31 | CN¥0.64 | CN¥5.20 | x |
| 2005-12-31 | CN¥0.65 | CN¥5.20 | x |
| 2006-12-31 | CN¥0.55 | CN¥5.20 | x |
| 2007-12-31 | CN¥0.36 | CN¥5.20 | x |
| 2008-12-31 | CN¥0.33 | CN¥5.20 | x |
| 2009-12-31 | CN¥0.24 | CN¥5.20 | x |
| 2010-12-31 | CN¥0.15 | CN¥5.20 | x |
| 2011-12-31 | CN¥0.15 | CN¥5.20 | x |
| 2012-12-31 | CN¥1.01 | CN¥5.20 | x |
| 2013-12-31 | CN¥1.13 | CN¥5.20 | x |
| 2014-12-31 | CN¥1.06 | CN¥5.20 | x |
| 2015-12-31 | CN¥2.19 | CN¥5.20 | x |
| 2016-12-31 | CN¥3.33 | CN¥5.20 | x |
| 2017-12-31 | CN¥3.05 | CN¥5.20 | x |
| 2018-12-31 | CN¥3.34 | CN¥5.20 | x |
| 2019-12-31 | CN¥3.35 | CN¥5.20 | x |
| 2020-12-31 | CN¥3.45 | CN¥5.20 | x |
| 2021-12-31 | CN¥3.49 | CN¥5.20 | x |
| 2022-12-31 | CN¥3.52 | CN¥5.20 | x |
| 2023-12-31 | CN¥3.41 | CN¥5.20 | x |
| 2024-12-31 | CN¥3.43 | CN¥5.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shanghai Shibei Hi-Tech Co Ltd A 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): 0.48%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.18%
- • Asset Turnover: 0.12x
- • Equity Multiplier: 3.24x
- Recent ROE (0.48%) is above the historical average (-2.71%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1992 | 11.74% | 15.94% | 0.48x | 1.55x | CN¥15.59 Million |
| 1993 | 15.15% | 16.68% | 0.60x | 1.52x | CN¥54.07 Million |
| 1994 | 8.18% | 16.99% | 0.28x | 1.73x | CN¥-19.85 Million |
| 1995 | 1.71% | 3.63% | 0.26x | 1.83x | CN¥-87.98 Million |
| 1996 | 0.11% | 0.26% | 0.24x | 1.71x | CN¥-112.85 Million |
| 1997 | -17.37% | -40.63% | 0.22x | 1.92x | CN¥-264.57 Million |
| 1998 | 0.31% | 0.91% | 0.18x | 1.92x | CN¥-88.80 Million |
| 1999 | 0.75% | 2.32% | 0.18x | 1.79x | CN¥-82.92 Million |
| 2000 | 0.91% | 1.70% | 0.28x | 1.90x | CN¥-78.39 Million |
| 2001 | -0.90% | -0.75% | 0.57x | 2.10x | CN¥-73.81 Million |
| 2002 | 1.42% | 1.21% | 0.59x | 1.97x | CN¥-54.41 Million |
| 2003 | 1.68% | 1.05% | 0.74x | 2.16x | CN¥-53.69 Million |
| 2004 | 1.50% | 0.83% | 0.90x | 2.01x | CN¥-55.66 Million |
| 2005 | 0.86% | 0.56% | 0.75x | 2.05x | CN¥-60.68 Million |
| 2006 | -10.56% | -6.55% | 0.81x | 1.98x | CN¥-123.52 Million |
| 2007 | -68.15% | -30.02% | 0.91x | 2.50x | CN¥-318.58 Million |
| 2008 | 2.59% | 1.76% | 0.69x | 2.13x | CN¥-27.28 Million |
| 2009 | -44.74% | -41.80% | 0.31x | 3.45x | CN¥-146.69 Million |
| 2010 | -53.41% | -19.49% | 0.56x | 4.89x | CN¥-108.08 Million |
| 2011 | 8.87% | 2.11% | 0.85x | 4.94x | CN¥-1.91 Million |
| 2012 | 12.91% | 47.87% | 0.19x | 1.39x | CN¥33.08 Million |
| 2013 | 13.31% | 40.31% | 0.20x | 1.68x | CN¥42.73 Million |
| 2014 | 1.89% | 14.57% | 0.05x | 2.56x | CN¥-104.41 Million |
| 2015 | 4.56% | 13.28% | 0.11x | 3.05x | CN¥-156.97 Million |
| 2016 | 2.70% | 13.00% | 0.09x | 2.26x | CN¥-414.37 Million |
| 2017 | 3.93% | 10.56% | 0.17x | 2.16x | CN¥-357.62 Million |
| 2018 | 3.89% | 46.79% | 0.03x | 2.67x | CN¥-373.15 Million |
| 2019 | 3.36% | 19.35% | 0.06x | 2.90x | CN¥-416.58 Million |
| 2020 | 2.72% | 14.62% | 0.06x | 2.95x | CN¥-470.95 Million |
| 2021 | 1.76% | 10.32% | 0.05x | 3.24x | CN¥-538.39 Million |
| 2022 | 1.19% | 6.20% | 0.06x | 3.34x | CN¥-581.61 Million |
| 2023 | -2.78% | -17.40% | 0.05x | 3.46x | CN¥-817.03 Million |
| 2024 | 0.48% | 1.18% | 0.12x | 3.24x | CN¥-611.81 Million |
Industry Comparison
This section compares Shanghai Shibei Hi-Tech Co Ltd A's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $893,181,760
- Average return on equity (ROE) among peers: 9.97%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shanghai Shibei Hi-Tech Co Ltd A (600604) | CN¥8.13 Billion | 11.74% | 1.52x | $715.37 Million |
| 5I5j Holding Group Co Ltd (000560) | $290.89 Million | 3.89% | 2.83x | $652.21 Million |
| DongGuan Winnerway Industrial Zone Ltd (000573) | $1.35 Billion | 0.82% | 0.60x | $247.00 Million |
| Beijing Mainstreets Investment (000609) | $397.07 Million | 9.34% | 0.10x | $266.94 Million |
| Rongfeng Holding Group (000668) | $328.77 Million | 5.28% | 2.02x | $141.73 Million |
| Sanxiang Co Ltd (000863) | $26.49 Million | 53.94% | 2.99x | $429.87 Million |
| Shenzhen Worldunion Properties Consultancy Inc (002285) | $2.94 Billion | -6.74% | 0.50x | $394.01 Million |
| Chongqing New Dazheng Property Grp (002968) | $853.24 Million | 15.38% | 0.44x | $132.98 Million |
| Shenzhen SDG Service Co. Ltd. (300917) | $1.13 Billion | 10.65% | 0.59x | $222.07 Million |
| China World Trade Center Co Ltd (600007) | $2.05 Billion | 7.13% | 0.79x | $502.53 Million |
| Guanghui Logistics Co Ltd (600603) | $-431.39 Million | 0.00% | 0.00x | $890.57 Million |