Shanghai Huayi Group Corp Ltd A

SHG:600623 China Chemicals
Market Cap
$2.51 Billion
CN¥18.38 Billion CNY
Market Cap Rank
#6522 Global
#944 in China
Share Price
CN¥9.78
Change (1 day)
+10.01%
52-Week Range
CN¥6.56 - CN¥12.00
All Time High
CN¥22.85
About

Shanghai Huayi Group Corporation Limited operates as a chemical company in China. The company offers methanol, acetic acid, carbon monoxide, synthesis gas and sulfuric acid, air separation products, etc. for chemical, pharmaceutical, textile printing and dyeing, and rubber industries and other industries. It also provides support services for water, electricity, steam, and other public works, as … Read more

Shanghai Huayi Group Corp Ltd A (600623) - Net Assets

Latest net assets as of September 2025: CN¥30.43 Billion CNY

Based on the latest financial reports, Shanghai Huayi Group Corp Ltd A (600623) has net assets worth CN¥30.43 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¥72.96 Billion) and total liabilities (CN¥42.53 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¥30.43 Billion
% of Total Assets 41.7%
Annual Growth Rate 14.17%
5-Year Change 32.21%
10-Year Change 48.57%
Growth Volatility 78.65

Shanghai Huayi Group Corp Ltd A - Net Assets Trend (1990–2024)

This chart illustrates how Shanghai Huayi Group Corp 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 Huayi Group Corp Ltd A (1990–2024)

The table below shows the annual net assets of Shanghai Huayi Group Corp Ltd A from 1990 to 2024.

Year Net Assets Change
2024-12-31 CN¥27.92 Billion +4.23%
2023-12-31 CN¥26.78 Billion +2.82%
2022-12-31 CN¥26.05 Billion +4.91%
2021-12-31 CN¥24.83 Billion +17.59%
2020-12-31 CN¥21.12 Billion +1.47%
2019-12-31 CN¥20.81 Billion +2.82%
2018-12-31 CN¥20.24 Billion +4.32%
2017-12-31 CN¥19.40 Billion +0.55%
2016-12-31 CN¥19.29 Billion +2.68%
2015-12-31 CN¥18.79 Billion +278.28%
2014-12-31 CN¥4.97 Billion +20.35%
2013-12-31 CN¥4.13 Billion +7.15%
2012-12-31 CN¥3.85 Billion +31.31%
2011-12-31 CN¥2.93 Billion +10.87%
2010-12-31 CN¥2.65 Billion +17.58%
2009-12-31 CN¥2.25 Billion +15.19%
2008-12-31 CN¥1.95 Billion -16.65%
2007-12-31 CN¥2.34 Billion +32.55%
2006-12-31 CN¥1.77 Billion +7.50%
2005-12-31 CN¥1.64 Billion +7.06%
2004-12-31 CN¥1.54 Billion +28.02%
2003-12-31 CN¥1.20 Billion +10.83%
2002-12-31 CN¥1.08 Billion -13.06%
2001-12-31 CN¥1.25 Billion -20.77%
2000-12-31 CN¥1.57 Billion -31.66%
1999-12-31 CN¥2.30 Billion -10.14%
1998-12-31 CN¥2.56 Billion +6.75%
1997-12-31 CN¥2.40 Billion +9.39%
1996-12-31 CN¥2.19 Billion +1.49%
1995-12-31 CN¥2.16 Billion -2.27%
1994-12-31 CN¥2.21 Billion -10.47%
1993-12-31 CN¥2.47 Billion +28.84%
1992-12-31 CN¥1.92 Billion +382.33%
1991-12-31 CN¥397.27 Million +29.02%
1990-12-31 CN¥307.90 Million --

Equity Component Analysis

This analysis shows how different components contribute to Shanghai Huayi Group Corp 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 1052585000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥10.53 Billion 46.51%
Common Stock CN¥2.13 Billion 9.42%
Other Components CN¥9.97 Billion 44.07%
Total Equity CN¥22.63 Billion 100.00%

Shanghai Huayi Group Corp Ltd A Competitors by Market Cap

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

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 22,254,800,000 to 22,629,912,000, a change of 375,112,000 (1.7%).
  • Net income of 910,636,633 contributed positively to equity growth.
  • Dividend payments of 777,231,000 reduced retained earnings.
  • Other factors increased equity by 241,706,367.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥910.64 Million +4.02%
Dividends Paid CN¥777.23 Million -3.43%
Other Changes CN¥241.71 Million +1.07%
Total Change CN¥- 1.69%

Book Value vs Market Value Analysis

This analysis compares Shanghai Huayi Group Corp 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: 0.92x
  • The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
  • The price-to-book ratio has decreased from 4.44x to 0.92x 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¥2.20 CN¥9.78 x
1993-12-31 CN¥2.84 CN¥9.78 x
1994-12-31 CN¥2.54 CN¥9.78 x
1995-12-31 CN¥2.45 CN¥9.78 x
1996-12-31 CN¥2.49 CN¥9.78 x
1997-12-31 CN¥2.72 CN¥9.78 x
1998-12-31 CN¥2.54 CN¥9.78 x
1999-12-31 CN¥2.23 CN¥9.78 x
2000-12-31 CN¥1.30 CN¥9.78 x
2001-12-31 CN¥1.24 CN¥9.78 x
2002-12-31 CN¥1.08 CN¥9.78 x
2003-12-31 CN¥1.25 CN¥9.78 x
2004-12-31 CN¥1.56 CN¥9.78 x
2005-12-31 CN¥1.70 CN¥9.78 x
2006-12-31 CN¥1.73 CN¥9.78 x
2007-12-31 CN¥2.07 CN¥9.78 x
2008-12-31 CN¥1.66 CN¥9.78 x
2009-12-31 CN¥1.94 CN¥9.78 x
2010-12-31 CN¥2.53 CN¥9.78 x
2011-12-31 CN¥2.57 CN¥9.78 x
2012-12-31 CN¥2.82 CN¥9.78 x
2013-12-31 CN¥3.03 CN¥9.78 x
2014-12-31 CN¥6.44 CN¥9.78 x
2015-12-31 CN¥8.68 CN¥9.78 x
2016-12-31 CN¥7.79 CN¥9.78 x
2017-12-31 CN¥7.91 CN¥9.78 x
2018-12-31 CN¥8.50 CN¥9.78 x
2019-12-31 CN¥8.71 CN¥9.78 x
2020-12-31 CN¥8.83 CN¥9.78 x
2021-12-31 CN¥10.09 CN¥9.78 x
2022-12-31 CN¥10.21 CN¥9.78 x
2023-12-31 CN¥10.44 CN¥9.78 x
2024-12-31 CN¥10.69 CN¥9.78 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shanghai Huayi Group Corp 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): 4.02%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 2.04%
  • • Asset Turnover: 0.69x
  • • Equity Multiplier: 2.87x
  • Recent ROE (4.02%) is above the historical average (3.69%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1992 6.74% 15.82% 0.28x 1.52x CN¥-62.40 Million
1993 10.42% 11.34% 0.63x 1.45x CN¥10.45 Million
1994 4.97% 5.21% 0.46x 2.09x CN¥-111.26 Million
1995 0.37% 0.23% 0.66x 2.44x CN¥-205.19 Million
1996 6.47% 3.52% 0.70x 2.64x CN¥-76.53 Million
1997 5.46% 3.01% 0.66x 2.77x CN¥-107.51 Million
1998 0.06% 0.03% 0.62x 3.60x CN¥-220.08 Million
1999 0.68% 0.33% 0.52x 3.96x CN¥-181.15 Million
2000 -65.62% -20.42% 0.54x 5.95x CN¥-853.97 Million
2001 1.45% 0.64% 0.42x 5.48x CN¥-92.52 Million
2002 6.40% 1.78% 0.63x 5.74x CN¥-33.85 Million
2003 7.00% 1.95% 0.76x 4.70x CN¥-32.60 Million
2004 8.35% 2.45% 0.84x 4.07x CN¥-22.37 Million
2005 8.72% 2.59% 0.83x 4.08x CN¥-18.88 Million
2006 3.25% 0.79% 0.96x 4.29x CN¥-103.75 Million
2007 9.18% 2.18% 1.00x 4.20x CN¥-15.13 Million
2008 -9.95% -1.81% 0.94x 5.88x CN¥-294.81 Million
2009 9.68% 2.31% 0.84x 5.01x CN¥-5.49 Million
2010 13.03% 3.20% 1.08x 3.79x CN¥67.54 Million
2011 7.78% 1.62% 1.22x 3.93x CN¥-50.48 Million
2012 11.71% 2.41% 1.13x 4.31x CN¥42.75 Million
2013 11.22% 2.13% 1.26x 4.16x CN¥33.36 Million
2014 10.87% 3.80% 2.35x 1.22x CN¥102.27 Million
2015 4.38% 1.73% 1.24x 2.04x CN¥-903.71 Million
2016 2.57% 1.00% 1.17x 2.20x CN¥-1.21 Billion
2017 3.41% 1.30% 1.12x 2.33x CN¥-1.10 Billion
2018 10.00% 4.08% 0.96x 2.55x CN¥529.08K
2019 3.41% 1.67% 0.77x 2.65x CN¥-1.21 Billion
2020 2.28% 1.51% 0.62x 2.45x CN¥-1.44 Billion
2021 13.82% 7.48% 0.75x 2.45x CN¥820.89 Million
2022 5.89% 3.33% 0.65x 2.72x CN¥-895.44 Million
2023 3.87% 2.11% 0.65x 2.81x CN¥-1.36 Billion
2024 4.02% 2.04% 0.69x 2.87x CN¥-1.35 Billion

Industry Comparison

This section compares Shanghai Huayi Group Corp Ltd A's net assets metrics with peer companies in the Chemicals industry.

Industry Context

  • Industry: Chemicals
  • Average net assets among peers: $5,832,163,606
  • Average return on equity (ROE) among peers: -1.22%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shanghai Huayi Group Corp Ltd A (600623) CN¥30.43 Billion 6.74% 1.40x $1.20 Billion
North Huajin Chemical Industries Co Ltd (000059) $13.73 Billion 8.33% 1.36x $617.69 Million
Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) $12.96 Billion 7.45% 0.69x $2.93 Billion
Zangge Holding Co Ltd (000408) $12.12 Billion 46.64% 0.12x $11.94 Billion
Sichuan Jinlu Group Co Ltd (000510) $876.31 Million 7.71% 0.71x $994.39 Million
Jilin Gpro Titanium Industry Co Ltd (000545) $84.27 Million 0.00% 1.12x $325.16 Million
Aoyuan Beauty Valley Technology Co Ltd (000615) $2.65 Billion -5.08% 2.56x $230.01 Million
Ningxia Younglight Chemicals Co Ltd (000635) $2.68 Billion 1.13% 0.35x $270.80 Million
Maoming Petro-Chemical Shihua Co Ltd (000637) $674.52 Million 3.07% 1.00x $176.00 Million
Inner Mongolia Yuan Xing Energy Co Ltd (000683) $10.53 Billion 6.76% 1.09x $2.90 Billion
Shenyang Chemical Industry Co Ltd (000698) $2.01 Billion -88.23% 2.39x $225.71 Million