Shanghai Chinafortune Co Ltd
Shanghai Chinafortune Co., Ltd., through its subsidiaries, engages in the securities business in China. The company is also involved in the securities and futures brokerage business, agency sales of financial products business, investment consulting business, investment transactions in securities and derivative financial instruments, collective and targeted asset management, and asset management … Read more
Shanghai Chinafortune Co Ltd (600621) - Net Assets
Latest net assets as of September 2025: CN¥8.95 Billion CNY
Based on the latest financial reports, Shanghai Chinafortune Co Ltd (600621) has net assets worth CN¥8.95 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¥57.78 Billion) and total liabilities (CN¥48.83 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¥8.95 Billion |
| % of Total Assets | 15.5% |
| Annual Growth Rate | 14.52% |
| 5-Year Change | 20.14% |
| 10-Year Change | 338.94% |
| Growth Volatility | 41.82 |
Shanghai Chinafortune Co Ltd - Net Assets Trend (1992–2024)
This chart illustrates how Shanghai Chinafortune 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 Chinafortune Co Ltd (1992–2024)
The table below shows the annual net assets of Shanghai Chinafortune Co Ltd from 1992 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥8.44 Billion | +7.21% |
| 2023-12-31 | CN¥7.87 Billion | +4.46% |
| 2022-12-31 | CN¥7.53 Billion | +2.38% |
| 2021-12-31 | CN¥7.36 Billion | +4.78% |
| 2020-12-31 | CN¥7.02 Billion | +6.61% |
| 2019-12-31 | CN¥6.59 Billion | -0.60% |
| 2018-12-31 | CN¥6.63 Billion | -3.91% |
| 2017-12-31 | CN¥6.90 Billion | +236.27% |
| 2016-12-31 | CN¥2.05 Billion | +6.70% |
| 2015-12-31 | CN¥1.92 Billion | +4.32% |
| 2014-12-31 | CN¥1.84 Billion | +10.16% |
| 2013-12-31 | CN¥1.67 Billion | +16.12% |
| 2012-12-31 | CN¥1.44 Billion | +10.01% |
| 2011-12-31 | CN¥1.31 Billion | +5.62% |
| 2010-12-31 | CN¥1.24 Billion | +10.74% |
| 2009-12-31 | CN¥1.12 Billion | +5.64% |
| 2008-12-31 | CN¥1.06 Billion | -7.66% |
| 2007-12-31 | CN¥1.15 Billion | +7.68% |
| 2006-12-31 | CN¥1.07 Billion | -5.62% |
| 2005-12-31 | CN¥1.13 Billion | +3.25% |
| 2004-12-31 | CN¥1.09 Billion | +6.57% |
| 2003-12-31 | CN¥1.03 Billion | +14.55% |
| 2002-12-31 | CN¥896.08 Million | +2.80% |
| 2001-12-31 | CN¥871.69 Million | -12.11% |
| 2000-12-31 | CN¥991.84 Million | +27.13% |
| 1999-12-31 | CN¥780.15 Million | +47.89% |
| 1998-12-31 | CN¥527.53 Million | +21.47% |
| 1997-12-31 | CN¥434.28 Million | +59.02% |
| 1996-12-31 | CN¥273.09 Million | +20.13% |
| 1995-12-31 | CN¥227.33 Million | +26.49% |
| 1994-12-31 | CN¥179.72 Million | +21.65% |
| 1993-12-31 | CN¥147.74 Million | +34.28% |
| 1992-12-31 | CN¥110.02 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shanghai Chinafortune 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 74694.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥4.68 Billion | 55.50% |
| Common Stock | CN¥1.06 Billion | 12.57% |
| Other Comprehensive Income | CN¥856.24 Million | 10.15% |
| Other Components | CN¥1.84 Billion | 21.78% |
| Total Equity | CN¥8.44 Billion | 100.00% |
Shanghai Chinafortune Co Ltd Competitors by Market Cap
The table below lists competitors of Shanghai Chinafortune Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Yunnan Botanee Bio-Technology Group Co Ltd
SHE:300957
|
$969.48 Million |
|
IRB Infrastructure Developers Limited
NSE:IRB
|
$969.73 Million |
|
Guangxi Wuzhou Zhongheng Group Co Ltd
SHG:600252
|
$969.96 Million |
|
Brookline Bancorp Inc
NASDAQ:BRKL
|
$970.23 Million |
|
Shanghai Waigaoqiao Free Trade Zone Group Co Ltd A
SHG:600648
|
$969.35 Million |
|
BNP PARIBAS BK POLSKA ZY1
F:82MA
|
$968.68 Million |
|
Techwing Inc
KQ:089030
|
$968.44 Million |
|
Aya Gold & Silver Inc.
PINK:AYASF
|
$968.26 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shanghai Chinafortune Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 7,748,276,000 to 8,438,769,000, a change of 690,493,000 (8.9%).
- Net income of 365,389,000 contributed positively to equity growth.
- Dividend payments of 434,250,029 reduced retained earnings.
- Other comprehensive income increased equity by 499,289,024.
- Other factors increased equity by 260,065,005.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥365.39 Million | +4.33% |
| Dividends Paid | CN¥434.25 Million | -5.15% |
| Other Comprehensive Income | CN¥499.29 Million | +5.92% |
| Other Changes | CN¥260.07 Million | +3.08% |
| Total Change | CN¥- | 8.91% |
Book Value vs Market Value Analysis
This analysis compares Shanghai Chinafortune 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: 1.96x
- 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 73.47x to 1.96x 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¥0.21 | CN¥15.38 | x |
| 1993-12-31 | CN¥0.28 | CN¥15.38 | x |
| 1994-12-31 | CN¥0.33 | CN¥15.38 | x |
| 1995-12-31 | CN¥0.39 | CN¥15.38 | x |
| 1996-12-31 | CN¥0.49 | CN¥15.38 | x |
| 1997-12-31 | CN¥0.79 | CN¥15.38 | x |
| 1998-12-31 | CN¥0.94 | CN¥15.38 | x |
| 1999-12-31 | CN¥1.46 | CN¥15.38 | x |
| 2000-12-31 | CN¥1.84 | CN¥15.38 | x |
| 2001-12-31 | CN¥1.60 | CN¥15.38 | x |
| 2002-12-31 | CN¥1.74 | CN¥15.38 | x |
| 2003-12-31 | CN¥1.77 | CN¥15.38 | x |
| 2004-12-31 | CN¥1.76 | CN¥15.38 | x |
| 2005-12-31 | CN¥1.81 | CN¥15.38 | x |
| 2006-12-31 | CN¥1.84 | CN¥15.38 | x |
| 2007-12-31 | CN¥1.99 | CN¥15.38 | x |
| 2008-12-31 | CN¥1.96 | CN¥15.38 | x |
| 2009-12-31 | CN¥2.09 | CN¥15.38 | x |
| 2010-12-31 | CN¥2.33 | CN¥15.38 | x |
| 2011-12-31 | CN¥2.48 | CN¥15.38 | x |
| 2012-12-31 | CN¥2.74 | CN¥15.38 | x |
| 2013-12-31 | CN¥3.16 | CN¥15.38 | x |
| 2014-12-31 | CN¥3.40 | CN¥15.38 | x |
| 2015-12-31 | CN¥3.55 | CN¥15.38 | x |
| 2016-12-31 | CN¥5.43 | CN¥15.38 | x |
| 2017-12-31 | CN¥6.66 | CN¥15.38 | x |
| 2018-12-31 | CN¥5.68 | CN¥15.38 | x |
| 2019-12-31 | CN¥5.85 | CN¥15.38 | x |
| 2020-12-31 | CN¥6.51 | CN¥15.38 | x |
| 2021-12-31 | CN¥6.82 | CN¥15.38 | x |
| 2022-12-31 | CN¥6.99 | CN¥15.38 | x |
| 2023-12-31 | CN¥7.22 | CN¥15.38 | x |
| 2024-12-31 | CN¥7.85 | CN¥15.38 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shanghai Chinafortune 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): 4.33%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.07%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 5.20x
- Recent ROE (4.33%) is below the historical average (8.85%), 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 | 7.13% | 10.42% | 0.34x | 2.01x | CN¥-3.14 Million |
| 1993 | 11.68% | 11.15% | 0.54x | 1.92x | CN¥2.48 Million |
| 1994 | 13.90% | 11.55% | 0.55x | 2.18x | CN¥6.69 Million |
| 1995 | 14.22% | 12.30% | 0.47x | 2.45x | CN¥8.64 Million |
| 1996 | 11.62% | 11.15% | 0.48x | 2.18x | CN¥4.15 Million |
| 1997 | 9.76% | 12.14% | 0.47x | 1.71x | CN¥-988.93K |
| 1998 | 17.86% | 23.25% | 0.42x | 1.83x | CN¥38.71 Million |
| 1999 | 14.21% | 19.31% | 0.44x | 1.68x | CN¥32.22 Million |
| 2000 | 20.80% | 23.13% | 0.48x | 1.88x | CN¥104.44 Million |
| 2001 | -15.05% | -13.95% | 0.64x | 1.68x | CN¥-209.98 Million |
| 2002 | 7.91% | 8.62% | 0.60x | 1.53x | CN¥-18.99 Million |
| 2003 | 7.75% | 7.63% | 0.56x | 1.80x | CN¥-20.88 Million |
| 2004 | 7.87% | 7.01% | 0.58x | 1.94x | CN¥-19.72 Million |
| 2005 | 8.01% | 7.18% | 0.55x | 2.01x | CN¥-18.86 Million |
| 2006 | 8.29% | 6.93% | 0.65x | 1.84x | CN¥-16.50 Million |
| 2007 | 9.16% | 6.33% | 0.76x | 1.91x | CN¥-8.79 Million |
| 2008 | 9.41% | 7.39% | 0.77x | 1.66x | CN¥-6.08 Million |
| 2009 | 9.24% | 10.07% | 0.57x | 1.61x | CN¥-8.31 Million |
| 2010 | 9.21% | 8.01% | 0.62x | 1.87x | CN¥-9.68 Million |
| 2011 | 10.48% | 15.37% | 0.43x | 1.59x | CN¥6.23 Million |
| 2012 | 12.76% | 19.36% | 0.34x | 1.97x | CN¥39.63 Million |
| 2013 | 17.70% | 26.51% | 0.33x | 2.02x | CN¥128.74 Million |
| 2014 | 8.83% | 25.90% | 0.16x | 2.09x | CN¥-20.58 Million |
| 2015 | 7.05% | 35.69% | 0.10x | 1.95x | CN¥-54.66 Million |
| 2016 | 7.92% | 16.34% | 0.56x | 0.87x | CN¥-104.27 Million |
| 2017 | 11.55% | 21.32% | 0.21x | 2.58x | CN¥104.59 Million |
| 2018 | 0.35% | 1.85% | 0.06x | 3.20x | CN¥-598.07 Million |
| 2019 | 1.03% | 5.01% | 0.06x | 3.65x | CN¥-556.58 Million |
| 2020 | 10.25% | 39.53% | 0.07x | 3.95x | CN¥17.61 Million |
| 2021 | 6.83% | 21.39% | 0.07x | 4.73x | CN¥-229.30 Million |
| 2022 | 4.75% | 14.41% | 0.07x | 4.73x | CN¥-389.33 Million |
| 2023 | 5.13% | 19.74% | 0.05x | 4.80x | CN¥-377.52 Million |
| 2024 | 4.33% | 16.07% | 0.05x | 5.20x | CN¥-478.49 Million |
Industry Comparison
This section compares Shanghai Chinafortune Co Ltd's net assets metrics with peer companies in the Financial Conglomerates industry.
Industry Context
- Industry: Financial Conglomerates
- Average net assets among peers: $14,956,566,702
- Average return on equity (ROE) among peers: 11.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shanghai Chinafortune Co Ltd (600621) | CN¥8.95 Billion | 7.13% | 5.45x | $969.43 Million |
| CNPC Capital Co Ltd (000617) | $835.83 Million | 6.31% | 1.65x | $3.22 Billion |
| Guangzhou Friendship Group Co Ltd (000987) | $18.34 Billion | 3.45% | 3.18x | $1.40 Billion |
| Rendong Holdings Co Ltd (002647) | $-649.07 Million | 0.00% | 0.00x | $1.34 Billion |
| Guosheng Financial Holding Inc (002670) | $11.13 Billion | 1.50% | 3.10x | $1.14 Billion |
| First Capital Securities Co Ltd Class A (002797) | $6.57 Billion | 15.53% | 4.06x | $3.31 Billion |
| Minmetals Capital Co Ltd (600390) | $57.11 Billion | 5.96% | 1.57x | $1.49 Billion |
| China Galaxy Securities Co Ltd Class A (601881) | $11.35 Billion | 45.14% | 7.32x | $10.64 Billion |