Shanghai Broadband Technology Co Ltd

SHG:600608 China Communication Equipment
Market Cap
$135.81 Million
CN¥996.45 Million CNY
Market Cap Rank
#18094 Global
#4588 in China
Share Price
CN¥3.03
Change (1 day)
-3.19%
52-Week Range
CN¥2.90 - CN¥4.75
All Time High
CN¥20.61
About

Shanghai Broadband Technology Co.,Ltd, together with its subsidiaries, engages in commodity trading in the People's Republic of China. The company trades in chemical products include titanium dioxide and plastics grains; and agricultural products, such as sorghum, wheat, and paddy and rice. Shanghai Broadband Technology Co.,Ltd was founded in 1991 and is headquartered in Kunming, the People's Rep… Read more

Shanghai Broadband Technology Co Ltd (600608) - Net Assets

Latest net assets as of September 2025: CN¥40.61 Million CNY

Based on the latest financial reports, Shanghai Broadband Technology Co Ltd (600608) has net assets worth CN¥40.61 Million 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¥119.24 Million) and total liabilities (CN¥78.63 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¥40.61 Million
% of Total Assets 34.06%
Annual Growth Rate -1.18%
5-Year Change -40.42%
10-Year Change 70.97%
Growth Volatility 98.5

Shanghai Broadband Technology Co Ltd - Net Assets Trend (1992–2024)

This chart illustrates how Shanghai Broadband Technology 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 Broadband Technology Co Ltd (1992–2024)

The table below shows the annual net assets of Shanghai Broadband Technology Co Ltd from 1992 to 2024.

Year Net Assets Change
2024-12-31 CN¥40.37 Million -15.25%
2023-12-31 CN¥47.63 Million -32.84%
2022-12-31 CN¥70.92 Million +0.44%
2021-12-31 CN¥70.61 Million +4.22%
2020-12-31 CN¥67.75 Million +3.52%
2019-12-31 CN¥65.45 Million +7.16%
2018-12-31 CN¥61.08 Million -4.09%
2017-12-31 CN¥63.68 Million +3533.14%
2016-12-31 CN¥-1.85 Million -107.86%
2015-12-31 CN¥23.61 Million +307.71%
2014-12-31 CN¥-11.37 Million -191.45%
2013-12-31 CN¥12.43 Million -49.12%
2012-12-31 CN¥24.43 Million +286.82%
2011-12-31 CN¥6.31 Million +106.39%
2010-12-31 CN¥-98.81 Million +23.17%
2009-12-31 CN¥-128.61 Million -340.04%
2008-12-31 CN¥53.58 Million -56.16%
2007-12-31 CN¥122.23 Million -48.64%
2006-12-31 CN¥237.98 Million -47.63%
2005-12-31 CN¥454.41 Million -38.85%
2004-12-31 CN¥743.07 Million -1.51%
2003-12-31 CN¥754.48 Million +75.39%
2002-12-31 CN¥430.18 Million +20.36%
2001-12-31 CN¥357.41 Million +13.87%
2000-12-31 CN¥313.86 Million +43.72%
1999-12-31 CN¥218.38 Million -1.09%
1998-12-31 CN¥220.79 Million +11.35%
1997-12-31 CN¥198.28 Million +13.15%
1996-12-31 CN¥175.24 Million +14.84%
1995-12-31 CN¥152.60 Million +29.13%
1994-12-31 CN¥118.17 Million +11.65%
1993-12-31 CN¥105.84 Million +79.22%
1992-12-31 CN¥59.06 Million --

Equity Component Analysis

This analysis shows how different components contribute to Shanghai Broadband Technology 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 21108.1% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥328.86 Million 869.41%
Other Comprehensive Income CN¥288.37 Million 762.36%
Other Components CN¥207.10 Million 547.50%
Total Equity CN¥37.83 Million 100.00%

Shanghai Broadband Technology Co Ltd Competitors by Market Cap

The table below lists competitors of Shanghai Broadband Technology Co Ltd ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 43,508,593 to 37,825,808, a change of -5,682,785 (-13.1%).
  • Net loss of 5,682,784 reduced equity.
  • Dividend payments of 5,409,548 reduced retained earnings.
  • Other factors increased equity by 5,409,547.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-5.68 Million -15.02%
Dividends Paid CN¥5.41 Million -14.3%
Other Changes CN¥5.41 Million +14.3%
Total Change CN¥- -13.06%

Book Value vs Market Value Analysis

This analysis compares Shanghai Broadband Technology 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: 26.31x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has increased from 16.87x to 26.31x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1992-12-31 CN¥0.18 CN¥3.03 x
1993-12-31 CN¥0.41 CN¥3.03 x
1994-12-31 CN¥0.46 CN¥3.03 x
1995-12-31 CN¥0.60 CN¥3.03 x
1996-12-31 CN¥0.69 CN¥3.03 x
1997-12-31 CN¥0.76 CN¥3.03 x
1998-12-31 CN¥0.85 CN¥3.03 x
1999-12-31 CN¥0.84 CN¥3.03 x
2000-12-31 CN¥1.21 CN¥3.03 x
2001-12-31 CN¥1.26 CN¥3.03 x
2002-12-31 CN¥0.94 CN¥3.03 x
2003-12-31 CN¥1.81 CN¥3.03 x
2004-12-31 CN¥1.86 CN¥3.03 x
2005-12-31 CN¥1.11 CN¥3.03 x
2006-12-31 CN¥0.87 CN¥3.03 x
2007-12-31 CN¥0.35 CN¥3.03 x
2008-12-31 CN¥0.08 CN¥3.03 x
2009-12-31 CN¥-0.53 CN¥3.03 x
2010-12-31 CN¥-0.45 CN¥3.03 x
2011-12-31 CN¥-0.18 CN¥3.03 x
2012-12-31 CN¥0.02 CN¥3.03 x
2013-12-31 CN¥0.00 CN¥3.03 x
2014-12-31 CN¥-0.08 CN¥3.03 x
2015-12-31 CN¥0.03 CN¥3.03 x
2016-12-31 CN¥-0.04 CN¥3.03 x
2017-12-31 CN¥0.18 CN¥3.03 x
2018-12-31 CN¥0.22 CN¥3.03 x
2019-12-31 CN¥0.18 CN¥3.03 x
2020-12-31 CN¥0.19 CN¥3.03 x
2021-12-31 CN¥0.20 CN¥3.03 x
2022-12-31 CN¥0.20 CN¥3.03 x
2023-12-31 CN¥0.13 CN¥3.03 x
2024-12-31 CN¥0.12 CN¥3.03 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shanghai Broadband Technology 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): -15.02%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -32.99%
  • • Asset Turnover: 0.14x
  • • Equity Multiplier: 3.29x
  • Recent ROE (-15.02%) is below the historical average (7.58%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1992 11.15% 9.53% 0.81x 1.44x CN¥681.59K
1993 11.06% 10.13% 0.77x 1.42x CN¥1.09 Million
1994 10.57% 11.66% 0.55x 1.66x CN¥658.60K
1995 7.70% 8.81% 0.52x 1.67x CN¥-3.44 Million
1996 10.09% 16.35% 0.41x 1.50x CN¥152.75K
1997 10.10% 12.12% 0.54x 1.53x CN¥196.16K
1998 10.43% 10.88% 0.60x 1.60x CN¥919.14K
1999 6.17% 7.38% 0.55x 1.53x CN¥-8.11 Million
2000 7.04% 11.83% 0.39x 1.54x CN¥-9.01 Million
2001 9.55% 9.42% 0.49x 2.09x CN¥-1.42 Million
2002 9.54% 3.39% 1.09x 2.58x CN¥-1.59 Million
2003 5.01% 1.71% 1.22x 2.39x CN¥-33.45 Million
2004 2.65% 1.16% 1.08x 2.13x CN¥-50.64 Million
2005 -61.42% -26.81% 0.68x 3.36x CN¥-294.32 Million
2006 -56.61% -14.12% 0.87x 4.62x CN¥-145.28 Million
2007 24.08% 5.19% 0.54x 8.56x CN¥14.89 Million
2008 -356.13% -15.85% 0.73x 30.97x CN¥-92.72 Million
2009 0.00% -68.66% 0.61x 0.00x CN¥-190.15 Million
2010 0.00% 6.55% 0.82x 0.00x CN¥37.10 Million
2011 0.00% 5.33% 0.83x 0.00x CN¥22.29 Million
2012 507.91% 12.05% 0.93x 45.37x CN¥25.73 Million
2013 -302.63% -1.41% 0.98x 219.55x CN¥-3.24 Million
2014 0.00% -2.10% 3.06x 0.00x CN¥-10.13 Million
2015 328.64% 18.40% 0.71x 25.14x CN¥33.93 Million
2016 0.00% -9.05% 1.36x 0.00x CN¥-22.48 Million
2017 105.98% 13.26% 2.48x 3.22x CN¥56.44 Million
2018 -4.49% -0.25% 5.82x 3.07x CN¥-8.15 Million
2019 7.20% 0.37% 6.86x 2.86x CN¥-1.70 Million
2020 3.64% 0.26% 4.27x 3.31x CN¥-4.01 Million
2021 2.26% 0.45% 1.48x 3.36x CN¥-5.00 Million
2022 6.16% 1.10% 1.86x 3.02x CN¥-2.52 Million
2023 -50.60% -12.87% 1.09x 3.60x CN¥-26.37 Million
2024 -15.02% -32.99% 0.14x 3.29x CN¥-9.47 Million

Industry Comparison

This section compares Shanghai Broadband Technology Co Ltd's net assets metrics with peer companies in the Communication Equipment industry.

Industry Context

  • Industry: Communication Equipment
  • Average net assets among peers: $1,522,000,668
  • Average return on equity (ROE) among peers: -3.19%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shanghai Broadband Technology Co Ltd (600608) CN¥40.61 Million 11.15% 1.94x $103.35 Million
Addsino Co Ltd (000547) $1.77 Billion 1.02% 0.25x $3.67 Billion
Sichuan Huiyuan Optical Com (000586) $329.93 Million -2.83% 0.71x $241.69 Million
PetroChina Jinhong Energy Investment Co Ltd (000669) $4.59 Billion 5.22% 1.90x $346.82 Million
Sichuan Jiuzhou Electronic Co Ltd (000801) $1.55 Billion 12.92% 0.93x $1.06 Billion
Skyworth Digital Co Ltd (000810) $140.56 Million 7.13% 1.37x $683.09 Million
Gohigh Data Networks Technology Co Ltd (000851) $336.07 Million -18.04% 0.44x $51.64 Million
Shenzhen Coship Electronics Co Ltd (002052) $231.11 Million -66.53% 2.00x $840.89 Million
Sunwave Communications Co Ltd (002115) $2.18 Billion -12.45% 0.73x $1.17 Billion
Invengo Information Technology Co Ltd (002161) $2.00 Billion 37.19% 0.32x $638.43 Million
Bus Online Co Ltd (002188) $2.09 Billion 4.47% 0.13x $193.28 Million