Shanghai Tianchen Co Ltd

SHG:600620 China Real Estate - Diversified
Market Cap
$619.55 Million
CN¥4.55 Billion CNY
Market Cap Rank
#12025 Global
#2920 in China
Share Price
CN¥6.62
Change (1 day)
+0.46%
52-Week Range
CN¥4.39 - CN¥7.74
All Time High
CN¥19.22
Categories
Companies in China Real Estate - Diversified
About

Shanghai Tianchen Co.,Ltd, together with its subsidiaries, provides taxi passenger transportation services in China. It also engages in real estate decoration business; sales and construction of tianchen health city project; and property management business. The company sells and leases real estate properties. Shanghai Tianchen Co.,Ltd was formerly known as Shanghai Union Agricultural Co., Ltd. T… Read more

Shanghai Tianchen Co Ltd (600620) - Net Assets

Latest net assets as of September 2025: CN¥1.48 Billion CNY

Based on the latest financial reports, Shanghai Tianchen Co Ltd (600620) has net assets worth CN¥1.48 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¥2.84 Billion) and total liabilities (CN¥1.36 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¥1.48 Billion
% of Total Assets 52.25%
Annual Growth Rate 9.14%
5-Year Change -37.48%
10-Year Change -63.23%
Growth Volatility 76.33

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

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

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

Year Net Assets Change
2024-12-31 CN¥1.54 Billion -1.41%
2023-12-31 CN¥1.56 Billion -26.20%
2022-12-31 CN¥2.12 Billion -9.20%
2021-12-31 CN¥2.33 Billion -5.37%
2020-12-31 CN¥2.47 Billion -5.80%
2019-12-31 CN¥2.62 Billion +13.09%
2018-12-31 CN¥2.32 Billion -3.65%
2017-12-31 CN¥2.40 Billion -9.70%
2016-12-31 CN¥2.66 Billion -36.55%
2015-12-31 CN¥4.19 Billion +430.51%
2014-12-31 CN¥790.75 Million +0.22%
2013-12-31 CN¥789.05 Million +12.02%
2012-12-31 CN¥704.38 Million +6.40%
2011-12-31 CN¥662.04 Million -2.78%
2010-12-31 CN¥680.96 Million +8.17%
2009-12-31 CN¥629.51 Million +4.35%
2008-12-31 CN¥603.26 Million +9.22%
2007-12-31 CN¥552.33 Million +9.38%
2006-12-31 CN¥504.96 Million +0.41%
2005-12-31 CN¥502.90 Million +0.26%
2004-12-31 CN¥501.60 Million +0.14%
2003-12-31 CN¥500.92 Million +3.28%
2002-12-31 CN¥485.02 Million +19.67%
2001-12-31 CN¥405.31 Million +5.14%
2000-12-31 CN¥385.51 Million +5.13%
1999-12-31 CN¥366.69 Million +0.13%
1998-12-31 CN¥366.21 Million +34.18%
1997-12-31 CN¥272.93 Million +18.05%
1996-12-31 CN¥231.20 Million +3.42%
1995-12-31 CN¥223.56 Million +3.17%
1994-12-31 CN¥216.68 Million +28.01%
1993-12-31 CN¥169.28 Million +80.35%
1992-12-31 CN¥93.86 Million --

Equity Component Analysis

This analysis shows how different components contribute to Shanghai Tianchen 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 grown by 38388795500.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥383.89 Million 24.88%
Common Stock CN¥686.68 Million 44.51%
Other Comprehensive Income CN¥472.19 Million 30.61%
Total Equity CN¥1.54 Billion 100.00%

Shanghai Tianchen Co Ltd Competitors by Market Cap

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

Company Market Cap
Better Collective A/S
PINK:BTRCF
 		$352.47 Million
CHORUS AVIAT.(VOT.+VAR.)
F:1H0
 		$352.49 Million
Chuzhou Duoli Automotive Technology Co. Ltd. A
SHE:001311
 		$352.50 Million
Shenzhen Genvict Technologies Co Ltd
SHE:002869
 		$352.50 Million
FNEDF
PINK:FNEDF
 		$352.26 Million
Huasu Holdings Co Ltd
SHE:000509
 		$352.09 Million
HYGEIA HC HLDGS DL-00001
F:50I
 		$351.98 Million
Zhejiang Chengbang Landscape
SHG:603316
 		$351.97 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,564,767,586 to 1,542,754,797, a change of -22,012,789 (-1.4%).
  • Net income of 32,077,522 contributed positively to equity growth.
  • Dividend payments of 25,317,057 reduced retained earnings.
  • Other comprehensive income decreased equity by 41,041,257.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥32.08 Million +2.08%
Dividends Paid CN¥25.32 Million -1.64%
Other Comprehensive Income CN¥-41.04 Million -2.66%
Other Changes CN¥12.27 Million +0.8%
Total Change CN¥- -1.41%

Book Value vs Market Value Analysis

This analysis compares Shanghai Tianchen 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: 2.75x
  • 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 48.37x to 2.75x 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¥0.14 CN¥6.62 x
1993-12-31 CN¥0.25 CN¥6.62 x
1994-12-31 CN¥0.32 CN¥6.62 x
1995-12-31 CN¥0.33 CN¥6.62 x
1996-12-31 CN¥0.34 CN¥6.62 x
1997-12-31 CN¥0.40 CN¥6.62 x
1998-12-31 CN¥0.53 CN¥6.62 x
1999-12-31 CN¥0.52 CN¥6.62 x
2000-12-31 CN¥0.55 CN¥6.62 x
2001-12-31 CN¥0.56 CN¥6.62 x
2002-12-31 CN¥0.66 CN¥6.62 x
2003-12-31 CN¥0.71 CN¥6.62 x
2004-12-31 CN¥0.73 CN¥6.62 x
2005-12-31 CN¥0.73 CN¥6.62 x
2006-12-31 CN¥0.73 CN¥6.62 x
2007-12-31 CN¥0.84 CN¥6.62 x
2008-12-31 CN¥0.91 CN¥6.62 x
2009-12-31 CN¥0.91 CN¥6.62 x
2010-12-31 CN¥1.04 CN¥6.62 x
2011-12-31 CN¥1.01 CN¥6.62 x
2012-12-31 CN¥1.09 CN¥6.62 x
2013-12-31 CN¥1.21 CN¥6.62 x
2014-12-31 CN¥1.25 CN¥6.62 x
2015-12-31 CN¥9.38 CN¥6.62 x
2016-12-31 CN¥4.05 CN¥6.62 x
2017-12-31 CN¥3.53 CN¥6.62 x
2018-12-31 CN¥3.38 CN¥6.62 x
2019-12-31 CN¥3.68 CN¥6.62 x
2020-12-31 CN¥3.46 CN¥6.62 x
2021-12-31 CN¥3.20 CN¥6.62 x
2022-12-31 CN¥2.87 CN¥6.62 x
2023-12-31 CN¥2.28 CN¥6.62 x
2024-12-31 CN¥2.40 CN¥6.62 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shanghai Tianchen 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): 2.08%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 9.38%
  • • Asset Turnover: 0.11x
  • • Equity Multiplier: 1.96x
  • Recent ROE (2.08%) is below the historical average (7.13%), 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 4.31% 7.89% 0.28x 1.96x CN¥-5.34 Million
1993 10.54% 9.19% 0.68x 1.68x CN¥920.43K
1994 9.82% 17.24% 0.30x 1.90x CN¥-381.25K
1995 8.06% 16.84% 0.23x 2.12x CN¥-4.34 Million
1996 1.99% 5.57% 0.14x 2.62x CN¥-18.53 Million
1997 15.29% 17.22% 0.34x 2.65x CN¥14.43 Million
1998 26.75% 87.73% 0.12x 2.62x CN¥61.35 Million
1999 10.33% 21.73% 0.15x 3.26x CN¥1.19 Million
2000 8.40% 11.53% 0.28x 2.65x CN¥-6.05 Million
2001 8.92% 17.44% 0.15x 3.38x CN¥-4.15 Million
2002 17.81% 17.15% 0.29x 3.54x CN¥35.35 Million
2003 8.52% 8.63% 0.33x 3.02x CN¥-7.16 Million
2004 4.30% 5.52% 0.29x 2.71x CN¥-28.42 Million
2005 1.19% 1.72% 0.27x 2.59x CN¥-44.17 Million
2006 3.11% 18.55% 0.05x 3.17x CN¥-34.47 Million
2007 7.22% 7.35% 0.40x 2.49x CN¥-15.42 Million
2008 7.29% 7.59% 0.42x 2.28x CN¥-15.60 Million
2009 3.95% 12.10% 0.14x 2.36x CN¥-36.12 Million
2010 23.01% 10.69% 1.33x 1.62x CN¥93.31 Million
2011 1.99% 19.28% 0.08x 1.37x CN¥-56.20 Million
2012 1.84% 25.71% 0.05x 1.34x CN¥-60.80 Million
2013 14.27% 326.46% 0.04x 1.14x CN¥35.45 Million
2014 9.62% 217.82% 0.04x 1.03x CN¥-3.17 Million
2015 1.17% 111.32% 0.01x 1.27x CN¥-374.15 Million
2016 2.22% 124.35% 0.01x 1.23x CN¥-210.64 Million
2017 2.55% 122.15% 0.02x 1.21x CN¥-182.66 Million
2018 2.96% 138.60% 0.02x 1.25x CN¥-160.73 Million
2019 2.66% 135.75% 0.02x 1.25x CN¥-185.30 Million
2020 4.43% 285.54% 0.01x 1.24x CN¥-132.20 Million
2021 5.59% 294.29% 0.02x 1.24x CN¥-96.99 Million
2022 1.82% 14.74% 0.07x 1.70x CN¥-161.46 Million
2023 1.39% 7.33% 0.10x 1.99x CN¥-134.66 Million
2024 2.08% 9.38% 0.11x 1.96x CN¥-122.20 Million

Industry Comparison

This section compares Shanghai Tianchen Co Ltd's net assets metrics with peer companies in the Real Estate - Diversified industry.

Industry Context

  • Industry: Real Estate - Diversified
  • Average net assets among peers: $1,125,789,248
  • Average return on equity (ROE) among peers: -23.22%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shanghai Tianchen Co Ltd (600620) CN¥1.48 Billion 4.31% 0.91x $352.26 Million
ShenZhen Special Economic Zone Real Estate & Properties Group Co Ltd (000029) $1.42 Billion -73.48% 2.43x $1.11 Billion
Fujian Sanmu Group Co Ltd (000632) $534.03 Million 5.92% 1.87x $240.23 Million
Shenzhen New Nanshan Holding Group Co Ltd (002314) $1.99 Billion 1.90% 0.99x $312.21 Million
Zhejiang China Commodities City Group Co Ltd (600415) $1.18 Billion 25.71% 3.25x $4.34 Billion
Hainan HNA Infrastructure Investment Group Co Ltd (600515) $69.42 Million -110.02% 11.86x $3.31 Billion
Everbright Jiabao Co Ltd (600622) $1.56 Billion 10.66% 0.91x $299.85 Million