Shanghai Highly Group Co Ltd A

SHG:600619 China Specialty Industrial Machinery
Market Cap
$1.92 Billion
CN¥14.11 Billion CNY
Market Cap Rank
#5197 Global
#640 in China
Share Price
CN¥17.88
Change (1 day)
-0.11%
52-Week Range
CN¥10.44 - CN¥27.58
All Time High
CN¥27.58
Categories
Companies in China Specialty Industrial Machinery
About

Shanghai Highly (Group) Co., Ltd., together with its subsidiaries, researches, develops, manufactures, and sells heat and cooling components and automotive parts in China and internationally. It operates through three segments: Compressor and Related Refrigeration Equipment; Auto Parts; and Trade and Property Leasing. The company offers compressors for household AC, light commercial AC, and home … Read more

Shanghai Highly Group Co Ltd A (600619) - Net Assets

Latest net assets as of September 2025: CN¥7.90 Billion CNY

Based on the latest financial reports, Shanghai Highly Group Co Ltd A (600619) has net assets worth CN¥7.90 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¥23.74 Billion) and total liabilities (CN¥15.84 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¥7.90 Billion
% of Total Assets 33.28%
Annual Growth Rate 10.78%
5-Year Change 43.45%
10-Year Change 66.56%
Growth Volatility 22.02

Shanghai Highly Group Co Ltd A - Net Assets Trend (1992–2024)

This chart illustrates how Shanghai Highly Group 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 Highly Group Co Ltd A (1992–2024)

The table below shows the annual net assets of Shanghai Highly Group Co Ltd A from 1992 to 2024.

Year Net Assets Change
2024-12-31 CN¥7.84 Billion +0.28%
2023-12-31 CN¥7.82 Billion +5.87%
2022-12-31 CN¥7.39 Billion -3.39%
2021-12-31 CN¥7.64 Billion +39.86%
2020-12-31 CN¥5.47 Billion -0.29%
2019-12-31 CN¥5.48 Billion +2.78%
2018-12-31 CN¥5.33 Billion +5.65%
2017-12-31 CN¥5.05 Billion +5.54%
2016-12-31 CN¥4.78 Billion +1.61%
2015-12-31 CN¥4.71 Billion +51.11%
2014-12-31 CN¥3.12 Billion +1.62%
2013-12-31 CN¥3.07 Billion -0.03%
2012-12-31 CN¥3.07 Billion +24.43%
2011-12-31 CN¥2.46 Billion +12.72%
2010-12-31 CN¥2.19 Billion +5.71%
2009-12-31 CN¥2.07 Billion +5.13%
2008-12-31 CN¥1.97 Billion -2.17%
2007-12-31 CN¥2.01 Billion +12.50%
2006-12-31 CN¥1.79 Billion +0.20%
2005-12-31 CN¥1.78 Billion +2.52%
2004-12-31 CN¥1.74 Billion +20.22%
2003-12-31 CN¥1.45 Billion +8.01%
2002-12-31 CN¥1.34 Billion -9.06%
2001-12-31 CN¥1.47 Billion +15.35%
2000-12-31 CN¥1.28 Billion +3.52%
1999-12-31 CN¥1.23 Billion +1.35%
1998-12-31 CN¥1.22 Billion -5.11%
1997-12-31 CN¥1.28 Billion +15.19%
1996-12-31 CN¥1.11 Billion +54.88%
1995-12-31 CN¥719.34 Million +21.46%
1994-12-31 CN¥592.24 Million -1.51%
1993-12-31 CN¥601.33 Million +103.24%
1992-12-31 CN¥295.87 Million --

Equity Component Analysis

This analysis shows how different components contribute to Shanghai Highly Group 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 3039485.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥1.23 Billion 20.10%
Common Stock CN¥1.07 Billion 17.57%
Other Comprehensive Income CN¥439.73 Million 7.20%
Other Components CN¥3.37 Billion 55.14%
Total Equity CN¥6.11 Billion 100.00%

Shanghai Highly Group Co Ltd A Competitors by Market Cap

The table below lists competitors of Shanghai Highly Group Co Ltd A ranked by their market capitalization.

Company Market Cap
Grandblue Environment Co Ltd
SHG:600323
 		$1.85 Billion
KRUK SA ZY 1
F:83I
 		$1.85 Billion
Sims Ltd
AU:SGM
 		$1.85 Billion
Navitas Semiconductor Corp
NASDAQ:NVTS
 		$1.85 Billion
Jiangsu Boqian New Materials Stock Co Ltd
SHG:605376
 		$1.85 Billion
CENTRAL RETAIL CORP PCL-NVDR
BK:CRC-R
 		$1.85 Billion
Far East Horizon Limited
PINK:FEZHF
 		$1.85 Billion
K92 Mining Inc
OTCQX:KNTNF
 		$1.85 Billion

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 6,097,010,619 to 6,110,326,184, a change of 13,315,565 (0.2%).
  • Net income of 33,848,558 contributed positively to equity growth.
  • Dividend payments of 141,611,942 reduced retained earnings.
  • Share repurchases of 18,325,499 reduced equity.
  • Other comprehensive income increased equity by 439,729,524.
  • Other factors decreased equity by 300,325,076.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥33.85 Million +0.55%
Dividends Paid CN¥141.61 Million -2.32%
Share Repurchases CN¥18.33 Million -0.3%
Other Comprehensive Income CN¥439.73 Million +7.2%
Other Changes CN¥-300.33 Million -4.92%
Total Change CN¥- 0.22%

Book Value vs Market Value Analysis

This analysis compares Shanghai Highly Group 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: 3.30x
  • 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 decreased from 36.43x to 3.30x 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¥0.49 CN¥17.88 x
1993-12-31 CN¥0.88 CN¥17.88 x
1994-12-31 CN¥0.90 CN¥17.88 x
1995-12-31 CN¥0.96 CN¥17.88 x
1996-12-31 CN¥1.53 CN¥17.88 x
1997-12-31 CN¥1.72 CN¥17.88 x
1998-12-31 CN¥1.59 CN¥17.88 x
1999-12-31 CN¥1.59 CN¥17.88 x
2000-12-31 CN¥1.53 CN¥17.88 x
2001-12-31 CN¥1.65 CN¥17.88 x
2002-12-31 CN¥1.64 CN¥17.88 x
2003-12-31 CN¥1.78 CN¥17.88 x
2004-12-31 CN¥2.13 CN¥17.88 x
2005-12-31 CN¥2.20 CN¥17.88 x
2006-12-31 CN¥2.25 CN¥17.88 x
2007-12-31 CN¥2.53 CN¥17.88 x
2008-12-31 CN¥2.49 CN¥17.88 x
2009-12-31 CN¥2.46 CN¥17.88 x
2010-12-31 CN¥2.71 CN¥17.88 x
2011-12-31 CN¥2.93 CN¥17.88 x
2012-12-31 CN¥3.68 CN¥17.88 x
2013-12-31 CN¥3.64 CN¥17.88 x
2014-12-31 CN¥3.59 CN¥17.88 x
2015-12-31 CN¥5.12 CN¥17.88 x
2016-12-31 CN¥4.53 CN¥17.88 x
2017-12-31 CN¥4.83 CN¥17.88 x
2018-12-31 CN¥5.05 CN¥17.88 x
2019-12-31 CN¥5.21 CN¥17.88 x
2020-12-31 CN¥5.21 CN¥17.88 x
2021-12-31 CN¥6.55 CN¥17.88 x
2022-12-31 CN¥5.71 CN¥17.88 x
2023-12-31 CN¥5.68 CN¥17.88 x
2024-12-31 CN¥5.42 CN¥17.88 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shanghai Highly Group 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): 0.55%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 0.18%
  • • Asset Turnover: 0.80x
  • • Equity Multiplier: 3.85x
  • Recent ROE (0.55%) is below the historical average (6.28%), 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 3.56% 9.64% 0.28x 1.30x CN¥-19.04 Million
1993 10.84% 28.59% 0.20x 1.93x CN¥4.41 Million
1994 12.88% 13.32% 0.45x 2.17x CN¥15.54 Million
1995 18.99% 14.91% 0.44x 2.88x CN¥51.80 Million
1996 15.85% 12.59% 0.50x 2.51x CN¥54.07 Million
1997 2.82% 3.38% 0.32x 2.58x CN¥-74.37 Million
1998 0.14% 0.11% 0.43x 2.94x CN¥-94.78 Million
1999 1.20% 0.88% 0.52x 2.65x CN¥-84.44 Million
2000 7.27% 3.81% 0.66x 2.91x CN¥-25.13 Million
2001 12.28% 4.78% 0.78x 3.30x CN¥22.71 Million
2002 1.69% 0.78% 0.65x 3.32x CN¥-82.19 Million
2003 3.96% 1.58% 0.80x 3.15x CN¥-64.79 Million
2004 16.79% 6.02% 1.01x 2.76x CN¥87.31 Million
2005 11.07% 4.00% 1.04x 2.65x CN¥14.23 Million
2006 4.49% 1.61% 0.98x 2.85x CN¥-74.67 Million
2007 8.25% 2.64% 0.91x 3.45x CN¥-26.87 Million
2008 1.10% 0.34% 1.15x 2.84x CN¥-130.73 Million
2009 4.07% 1.40% 0.86x 3.39x CN¥-91.65 Million
2010 8.86% 2.25% 0.97x 4.06x CN¥-18.53 Million
2011 9.75% 2.13% 1.15x 3.98x CN¥-4.46 Million
2012 6.25% 2.18% 0.90x 3.18x CN¥-88.66 Million
2013 4.39% 1.57% 0.81x 3.43x CN¥-132.88 Million
2014 3.90% 1.37% 0.79x 3.61x CN¥-146.13 Million
2015 1.76% 1.16% 0.56x 2.72x CN¥-320.84 Million
2016 4.41% 2.39% 0.63x 2.93x CN¥-223.02 Million
2017 6.73% 2.69% 0.77x 3.26x CN¥-136.79 Million
2018 7.12% 2.66% 0.82x 3.28x CN¥-125.56 Million
2019 6.33% 2.35% 0.87x 3.09x CN¥-165.63 Million
2020 3.60% 1.47% 0.74x 3.31x CN¥-288.55 Million
2021 5.19% 2.05% 0.75x 3.39x CN¥-299.62 Million
2022 0.58% 0.21% 0.82x 3.32x CN¥-574.24 Million
2023 0.50% 0.18% 0.80x 3.49x CN¥-579.19 Million
2024 0.55% 0.18% 0.80x 3.85x CN¥-577.18 Million

Industry Comparison

This section compares Shanghai Highly Group Co Ltd A's net assets metrics with peer companies in the Specialty Industrial Machinery industry.

Industry Context

  • Industry: Specialty Industrial Machinery
  • Average net assets among peers: $1,242,592,243
  • Average return on equity (ROE) among peers: 0.43%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shanghai Highly Group Co Ltd A (600619) CN¥7.90 Billion 3.56% 2.00x $1.85 Billion
Huayi Compressor Co Ltd (000404) $83.42 Million 0.00% 1.93x $437.73 Million
Shenyang Machine Tool Co Ltd (000410) $973.75 Million 2.65% 2.70x $1.49 Billion
North Industries Group Red Arrow Co Ltd (000519) $351.55 Million 1.05% 0.46x $1.93 Billion
Changchai Co Ltd (000570) $1.42 Billion 15.77% 1.09x $381.98 Million
Jiangsu Youli Investment Holding Co Ltd (000584) $654.39 Million 0.62% 0.63x $25.43 Million
Baota Industry Co Ltd (000595) $374.06 Million -44.66% 1.53x $540.37 Million
SUFA Technology Industry Co Ltd CNNC (000777) $2.16 Billion 10.62% 0.70x $970.60 Million
J.S. Corrugating Machinery Co Ltd (000821) $1.86 Billion 4.58% 0.58x $763.60 Million
Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) $316.88 Million 9.87% 0.41x $876.35 Million
Ning Xia Yin Xing Energy Co Ltd (000862) $4.23 Billion 3.79% 1.25x $459.10 Million