Shanghai Broadband Technology Co Ltd (600608) - Net Assets
Based on the latest financial reports, Shanghai Broadband Technology Co Ltd (600608) has net assets worth CN¥40.61 Million CNY (≈ $5.94 Million USD) 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 ≈ $17.45 Million USD) and total liabilities (CN¥78.63 Million ≈ $11.51 Million 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 Shanghai Broadband Technology Co Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore Shanghai Broadband Technology Co Ltd total assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see 600608 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥40.37 Million ≈ $5.91 Million |
-15.25% |
| 2023-12-31 | CN¥47.63 Million ≈ $6.97 Million |
-32.84% |
| 2022-12-31 | CN¥70.92 Million ≈ $10.38 Million |
+0.44% |
| 2021-12-31 | CN¥70.61 Million ≈ $10.33 Million |
+4.22% |
| 2020-12-31 | CN¥67.75 Million ≈ $9.91 Million |
+3.52% |
| 2019-12-31 | CN¥65.45 Million ≈ $9.58 Million |
+7.16% |
| 2018-12-31 | CN¥61.08 Million ≈ $8.94 Million |
-4.09% |
| 2017-12-31 | CN¥63.68 Million ≈ $9.32 Million |
+3533.14% |
| 2016-12-31 | CN¥-1.85 Million ≈ $-271.42K |
-107.86% |
| 2015-12-31 | CN¥23.61 Million ≈ $3.45 Million |
+307.71% |
| 2014-12-31 | CN¥-11.37 Million ≈ $-1.66 Million |
-191.45% |
| 2013-12-31 | CN¥12.43 Million ≈ $1.82 Million |
-49.12% |
| 2012-12-31 | CN¥24.43 Million ≈ $3.57 Million |
+286.82% |
| 2011-12-31 | CN¥6.31 Million ≈ $924.06K |
+106.39% |
| 2010-12-31 | CN¥-98.81 Million ≈ $-14.46 Million |
+23.17% |
| 2009-12-31 | CN¥-128.61 Million ≈ $-18.82 Million |
-340.04% |
| 2008-12-31 | CN¥53.58 Million ≈ $7.84 Million |
-56.16% |
| 2007-12-31 | CN¥122.23 Million ≈ $17.89 Million |
-48.64% |
| 2006-12-31 | CN¥237.98 Million ≈ $34.82 Million |
-47.63% |
| 2005-12-31 | CN¥454.41 Million ≈ $66.49 Million |
-38.85% |
| 2004-12-31 | CN¥743.07 Million ≈ $108.74 Million |
-1.51% |
| 2003-12-31 | CN¥754.48 Million ≈ $110.40 Million |
+75.39% |
| 2002-12-31 | CN¥430.18 Million ≈ $62.95 Million |
+20.36% |
| 2001-12-31 | CN¥357.41 Million ≈ $52.30 Million |
+13.87% |
| 2000-12-31 | CN¥313.86 Million ≈ $45.93 Million |
+43.72% |
| 1999-12-31 | CN¥218.38 Million ≈ $31.96 Million |
-1.09% |
| 1998-12-31 | CN¥220.79 Million ≈ $32.31 Million |
+11.35% |
| 1997-12-31 | CN¥198.28 Million ≈ $29.01 Million |
+13.15% |
| 1996-12-31 | CN¥175.24 Million ≈ $25.64 Million |
+14.84% |
| 1995-12-31 | CN¥152.60 Million ≈ $22.33 Million |
+29.13% |
| 1994-12-31 | CN¥118.17 Million ≈ $17.29 Million |
+11.65% |
| 1993-12-31 | CN¥105.84 Million ≈ $15.49 Million |
+79.22% |
| 1992-12-31 | CN¥59.06 Million ≈ $8.64 Million |
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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.
| Company | Market Cap |
|---|---|
|
Maiden Holdings Ltd
F:4OWA
|
$99.64 Million |
|
Wieson Technologies Co Ltd
TWO:6272
|
$99.69 Million |
|
Jasa Armada Indonesia Tbk PT
JK:IPCM
|
$99.71 Million |
|
Intellicheck Mobilisa Inc
NASDAQ:IDN
|
$99.81 Million |
|
SYN-Tech Chem & Pharm Co Ltd
TWO:1777
|
$99.61 Million |
|
Cherry Hill Mortgage Investment Corp
NYSE:CHMI
|
$99.60 Million |
|
Hexa Tradex Limited
NSE:HEXATRADEX
|
$99.58 Million |
|
Emeren Group Ltd
NYSE:SOL
|
$99.56 Million |
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: 17.98x
- 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 11.53x to 17.98x 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¥2.07 | x |
| 1993-12-31 | CN¥0.41 | CN¥2.07 | x |
| 1994-12-31 | CN¥0.46 | CN¥2.07 | x |
| 1995-12-31 | CN¥0.60 | CN¥2.07 | x |
| 1996-12-31 | CN¥0.69 | CN¥2.07 | x |
| 1997-12-31 | CN¥0.76 | CN¥2.07 | x |
| 1998-12-31 | CN¥0.85 | CN¥2.07 | x |
| 1999-12-31 | CN¥0.84 | CN¥2.07 | x |
| 2000-12-31 | CN¥1.21 | CN¥2.07 | x |
| 2001-12-31 | CN¥1.26 | CN¥2.07 | x |
| 2002-12-31 | CN¥0.94 | CN¥2.07 | x |
| 2003-12-31 | CN¥1.81 | CN¥2.07 | x |
| 2004-12-31 | CN¥1.86 | CN¥2.07 | x |
| 2005-12-31 | CN¥1.11 | CN¥2.07 | x |
| 2006-12-31 | CN¥0.87 | CN¥2.07 | x |
| 2007-12-31 | CN¥0.35 | CN¥2.07 | x |
| 2008-12-31 | CN¥0.08 | CN¥2.07 | x |
| 2009-12-31 | CN¥-0.53 | CN¥2.07 | x |
| 2010-12-31 | CN¥-0.45 | CN¥2.07 | x |
| 2011-12-31 | CN¥-0.18 | CN¥2.07 | x |
| 2012-12-31 | CN¥0.02 | CN¥2.07 | x |
| 2013-12-31 | CN¥0.00 | CN¥2.07 | x |
| 2014-12-31 | CN¥-0.08 | CN¥2.07 | x |
| 2015-12-31 | CN¥0.03 | CN¥2.07 | x |
| 2016-12-31 | CN¥-0.04 | CN¥2.07 | x |
| 2017-12-31 | CN¥0.18 | CN¥2.07 | x |
| 2018-12-31 | CN¥0.22 | CN¥2.07 | x |
| 2019-12-31 | CN¥0.18 | CN¥2.07 | x |
| 2020-12-31 | CN¥0.19 | CN¥2.07 | x |
| 2021-12-31 | CN¥0.20 | CN¥2.07 | x |
| 2022-12-31 | CN¥0.20 | CN¥2.07 | x |
| 2023-12-31 | CN¥0.13 | CN¥2.07 | x |
| 2024-12-31 | CN¥0.12 | CN¥2.07 | 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: $5,529,985,490
- Average return on equity (ROE) among peers: -0.98%
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 | $99.61 Million |
| ZTE Corp (000063) | $43.35 Billion | 8.36% | 1.79x | $21.63 Billion |
| Shenzhen SDG Information Co Ltd (000070) | $204.52 Million | 22.76% | 2.18x | $2.38 Billion |
| Addsino Co Ltd (000547) | $459.32 Million | -8.36% | 1.39x | $5.75 Billion |
| Sichuan Huiyuan Optical Com (000586) | $262.65 Million | 0.31% | 1.13x | $501.31 Million |
| PetroChina Jinhong Energy Investment Co Ltd (000669) | $78.54 Million | 4.37% | 0.86x | $417.18 Million |
| Sichuan Jiuzhou Electronic Co Ltd (000801) | $2.80 Billion | 2.74% | 0.79x | $1.90 Billion |
| Skyworth Digital Co Ltd (000810) | $2.01 Billion | 18.94% | 0.94x | $2.14 Billion |
| Gohigh Data Networks Technology Co Ltd (000851) | $2.78 Billion | 2.03% | 1.22x | $64.38 Million |
| Shenzhen Coship Electronics Co Ltd (002052) | $916.66 Million | -66.59% | 1.08x | $1.11 Billion |
| Sunwave Communications Co Ltd (002115) | $2.43 Billion | 5.61% | 0.88x | $1.71 Billion |
About Shanghai Broadband Technology Co Ltd
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