Shanghai Tianchen Co Ltd (600620) - Net Assets
Based on the latest financial reports, Shanghai Tianchen Co Ltd (600620) has net assets worth CN¥1.48 Billion CNY (≈ $217.05 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¥2.84 Billion ≈ $415.45 Million USD) and total liabilities (CN¥1.36 Billion ≈ $198.39 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 Tianchen Co Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore Shanghai Tianchen Co Ltd balance sheet assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see 600620 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.54 Billion ≈ $225.71 Million |
-1.41% |
| 2023-12-31 | CN¥1.56 Billion ≈ $228.93 Million |
-26.20% |
| 2022-12-31 | CN¥2.12 Billion ≈ $310.21 Million |
-9.20% |
| 2021-12-31 | CN¥2.33 Billion ≈ $341.63 Million |
-5.37% |
| 2020-12-31 | CN¥2.47 Billion ≈ $361.03 Million |
-5.80% |
| 2019-12-31 | CN¥2.62 Billion ≈ $383.24 Million |
+13.09% |
| 2018-12-31 | CN¥2.32 Billion ≈ $338.88 Million |
-3.65% |
| 2017-12-31 | CN¥2.40 Billion ≈ $351.74 Million |
-9.70% |
| 2016-12-31 | CN¥2.66 Billion ≈ $389.51 Million |
-36.55% |
| 2015-12-31 | CN¥4.19 Billion ≈ $613.86 Million |
+430.51% |
| 2014-12-31 | CN¥790.75 Million ≈ $115.71 Million |
+0.22% |
| 2013-12-31 | CN¥789.05 Million ≈ $115.46 Million |
+12.02% |
| 2012-12-31 | CN¥704.38 Million ≈ $103.07 Million |
+6.40% |
| 2011-12-31 | CN¥662.04 Million ≈ $96.88 Million |
-2.78% |
| 2010-12-31 | CN¥680.96 Million ≈ $99.65 Million |
+8.17% |
| 2009-12-31 | CN¥629.51 Million ≈ $92.12 Million |
+4.35% |
| 2008-12-31 | CN¥603.26 Million ≈ $88.28 Million |
+9.22% |
| 2007-12-31 | CN¥552.33 Million ≈ $80.82 Million |
+9.38% |
| 2006-12-31 | CN¥504.96 Million ≈ $73.89 Million |
+0.41% |
| 2005-12-31 | CN¥502.90 Million ≈ $73.59 Million |
+0.26% |
| 2004-12-31 | CN¥501.60 Million ≈ $73.40 Million |
+0.14% |
| 2003-12-31 | CN¥500.92 Million ≈ $73.30 Million |
+3.28% |
| 2002-12-31 | CN¥485.02 Million ≈ $70.97 Million |
+19.67% |
| 2001-12-31 | CN¥405.31 Million ≈ $59.31 Million |
+5.14% |
| 2000-12-31 | CN¥385.51 Million ≈ $56.41 Million |
+5.13% |
| 1999-12-31 | CN¥366.69 Million ≈ $53.66 Million |
+0.13% |
| 1998-12-31 | CN¥366.21 Million ≈ $53.59 Million |
+34.18% |
| 1997-12-31 | CN¥272.93 Million ≈ $39.94 Million |
+18.05% |
| 1996-12-31 | CN¥231.20 Million ≈ $33.83 Million |
+3.42% |
| 1995-12-31 | CN¥223.56 Million ≈ $32.71 Million |
+3.17% |
| 1994-12-31 | CN¥216.68 Million ≈ $31.71 Million |
+28.01% |
| 1993-12-31 | CN¥169.28 Million ≈ $24.77 Million |
+80.35% |
| 1992-12-31 | CN¥93.86 Million ≈ $13.73 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 |
|---|---|
|
Universal Health Realty Income Trust
NYSE:UHT
|
$548.70 Million |
|
HAIT.UT.INT.FIN.L. H YC 1
F:HA6
|
$548.72 Million |
|
Hyperliquid Strategies Inc Common Stock
NASDAQ:PURR
|
$548.75 Million |
|
BW OFFSHORE LTD. DL 050
F:XY81
|
$548.80 Million |
|
Shenzhen Genvict Technologies Co Ltd
SHE:002869
|
$548.57 Million |
|
Jahen Household Products Co. Ltd.
SHE:300955
|
$548.56 Million |
|
Blumar
SN:BLUMAR
|
$548.43 Million |
|
CHC Resources Corp
TW:9930
|
$548.13 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: 2.27x
- 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 39.90x to 2.27x 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¥5.46 | x |
| 1993-12-31 | CN¥0.25 | CN¥5.46 | x |
| 1994-12-31 | CN¥0.32 | CN¥5.46 | x |
| 1995-12-31 | CN¥0.33 | CN¥5.46 | x |
| 1996-12-31 | CN¥0.34 | CN¥5.46 | x |
| 1997-12-31 | CN¥0.40 | CN¥5.46 | x |
| 1998-12-31 | CN¥0.53 | CN¥5.46 | x |
| 1999-12-31 | CN¥0.52 | CN¥5.46 | x |
| 2000-12-31 | CN¥0.55 | CN¥5.46 | x |
| 2001-12-31 | CN¥0.56 | CN¥5.46 | x |
| 2002-12-31 | CN¥0.66 | CN¥5.46 | x |
| 2003-12-31 | CN¥0.71 | CN¥5.46 | x |
| 2004-12-31 | CN¥0.73 | CN¥5.46 | x |
| 2005-12-31 | CN¥0.73 | CN¥5.46 | x |
| 2006-12-31 | CN¥0.73 | CN¥5.46 | x |
| 2007-12-31 | CN¥0.84 | CN¥5.46 | x |
| 2008-12-31 | CN¥0.91 | CN¥5.46 | x |
| 2009-12-31 | CN¥0.91 | CN¥5.46 | x |
| 2010-12-31 | CN¥1.04 | CN¥5.46 | x |
| 2011-12-31 | CN¥1.01 | CN¥5.46 | x |
| 2012-12-31 | CN¥1.09 | CN¥5.46 | x |
| 2013-12-31 | CN¥1.21 | CN¥5.46 | x |
| 2014-12-31 | CN¥1.25 | CN¥5.46 | x |
| 2015-12-31 | CN¥9.38 | CN¥5.46 | x |
| 2016-12-31 | CN¥4.05 | CN¥5.46 | x |
| 2017-12-31 | CN¥3.53 | CN¥5.46 | x |
| 2018-12-31 | CN¥3.38 | CN¥5.46 | x |
| 2019-12-31 | CN¥3.68 | CN¥5.46 | x |
| 2020-12-31 | CN¥3.46 | CN¥5.46 | x |
| 2021-12-31 | CN¥3.20 | CN¥5.46 | x |
| 2022-12-31 | CN¥2.87 | CN¥5.46 | x |
| 2023-12-31 | CN¥2.28 | CN¥5.46 | x |
| 2024-12-31 | CN¥2.40 | CN¥5.46 | 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: $5,153,953,106
- Average return on equity (ROE) among peers: 11.58%
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 | $548.63 Million |
| ShenZhen Special Economic Zone Real Estate & Properties Group Co Ltd (000029) | $3.78 Billion | -6.64% | 0.72x | $2.76 Billion |
| Fujian Sanmu Group Co Ltd (000632) | $194.69 Million | 12.76% | 1.06x | $252.73 Million |
| Shenzhen New Nanshan Holding Group Co Ltd (002314) | $576.30 Million | 25.56% | 1.72x | $1.01 Billion |
| Zhejiang China Commodities City Group Co Ltd (600415) | $1.01 Billion | 19.39% | 3.82x | $10.64 Billion |
| Hainan HNA Infrastructure Investment Group Co Ltd (600515) | $23.81 Billion | 7.78% | 1.36x | $5.87 Billion |
| Everbright Jiabao Co Ltd (600622) | $1.56 Billion | 10.66% | 0.91x | $592.52 Million |
About Shanghai Tianchen Co Ltd
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