Shanghai Fudan Forward S&T Co Ltd
Shanghai Fudan Forward S&T Co., Ltd engages in the medical and health, digital economy, high-tech, and other businesses. The company is involved in the research and development, production, and sales of computer systems, communication equipment, automation instruments, biotechnology, light source lighting, and other products; and import and export business. It also engages in the research and dev… Read more
Shanghai Fudan Forward S&T Co Ltd (600624) - Net Assets
Latest net assets as of September 2025: CN¥658.31 Million CNY
Based on the latest financial reports, Shanghai Fudan Forward S&T Co Ltd (600624) has net assets worth CN¥658.31 Million 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¥1.53 Billion) and total liabilities (CN¥872.43 Million). 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¥658.31 Million |
| % of Total Assets | 43.01% |
| Annual Growth Rate | 5.78% |
| 5-Year Change | -39.5% |
| 10-Year Change | -40.02% |
| Growth Volatility | 20.33 |
Shanghai Fudan Forward S&T Co Ltd - Net Assets Trend (1992–2024)
This chart illustrates how Shanghai Fudan Forward S&T 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 Fudan Forward S&T Co Ltd (1992–2024)
The table below shows the annual net assets of Shanghai Fudan Forward S&T Co Ltd from 1992 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥677.57 Million | -19.86% |
| 2023-12-31 | CN¥845.50 Million | -14.92% |
| 2022-12-31 | CN¥993.73 Million | -0.57% |
| 2021-12-31 | CN¥999.37 Million | -10.77% |
| 2020-12-31 | CN¥1.12 Billion | -7.06% |
| 2019-12-31 | CN¥1.21 Billion | -1.16% |
| 2018-12-31 | CN¥1.22 Billion | +2.32% |
| 2017-12-31 | CN¥1.19 Billion | +2.78% |
| 2016-12-31 | CN¥1.16 Billion | +2.63% |
| 2015-12-31 | CN¥1.13 Billion | +3.98% |
| 2014-12-31 | CN¥1.09 Billion | +66.20% |
| 2013-12-31 | CN¥653.63 Million | +2.78% |
| 2012-12-31 | CN¥635.94 Million | -0.25% |
| 2011-12-31 | CN¥637.51 Million | +2.42% |
| 2010-12-31 | CN¥622.44 Million | +10.95% |
| 2009-12-31 | CN¥561.02 Million | +2.57% |
| 2008-12-31 | CN¥546.96 Million | +3.12% |
| 2007-12-31 | CN¥530.40 Million | +3.99% |
| 2006-12-31 | CN¥510.05 Million | -2.56% |
| 2005-12-31 | CN¥523.46 Million | +5.62% |
| 2004-12-31 | CN¥495.62 Million | +8.44% |
| 2003-12-31 | CN¥457.05 Million | +4.56% |
| 2002-12-31 | CN¥437.11 Million | -1.21% |
| 2001-12-31 | CN¥442.45 Million | -16.75% |
| 2000-12-31 | CN¥531.49 Million | +5.76% |
| 1999-12-31 | CN¥502.54 Million | +0.43% |
| 1998-12-31 | CN¥500.36 Million | +5.61% |
| 1997-12-31 | CN¥473.78 Million | +56.83% |
| 1996-12-31 | CN¥302.09 Million | +9.51% |
| 1995-12-31 | CN¥275.86 Million | +40.96% |
| 1994-12-31 | CN¥195.70 Million | +6.28% |
| 1993-12-31 | CN¥184.14 Million | +64.03% |
| 1992-12-31 | CN¥112.26 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shanghai Fudan Forward S&T 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 decreased by 71094.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥684.71 Million | 107.41% |
| Other Comprehensive Income | CN¥-8.10 Million | -1.27% |
| Other Components | CN¥121.73 Million | 19.10% |
| Total Equity | CN¥637.45 Million | 100.00% |
Shanghai Fudan Forward S&T Co Ltd Competitors by Market Cap
The table below lists competitors of Shanghai Fudan Forward S&T Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jiangsu Jiangnan Water Co Ltd
SHG:601199
|
$319.96 Million |
|
Mega Lifesciences Public Company Limited
BK:MEGA-R
|
$320.06 Million |
|
Philex Mining Corporation
PINK:PXMFF
|
$320.10 Million |
|
Beijing InterAct Technology Co Ltd
SHE:300419
|
$320.32 Million |
|
Origin Enterprises plc
PINK:ORENF
|
$319.88 Million |
|
UCO Bank
NSE:UCOBANK
|
$319.77 Million |
|
Xiamen Leading Optics Co Ltd
SHG:605118
|
$319.65 Million |
|
Anhui Transport Consulting &
SHG:603357
|
$319.65 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shanghai Fudan Forward S&T Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 804,800,130 to 637,446,077, a change of -167,354,053 (-20.8%).
- Net loss of 133,209,876 reduced equity.
- Dividend payments of 13,915,176 reduced retained earnings.
- Other comprehensive income decreased equity by 6,322,826.
- Other factors decreased equity by 13,906,175.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-133.21 Million | -20.9% |
| Dividends Paid | CN¥13.92 Million | -2.18% |
| Other Comprehensive Income | CN¥-6.32 Million | -0.99% |
| Other Changes | CN¥-13.91 Million | -2.18% |
| Total Change | CN¥- | -20.79% |
Book Value vs Market Value Analysis
This analysis compares Shanghai Fudan Forward S&T 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: 5.48x
- 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 27.27x to 5.48x 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¥0.19 | CN¥5.11 | x |
| 1993-12-31 | CN¥0.31 | CN¥5.11 | x |
| 1994-12-31 | CN¥0.33 | CN¥5.11 | x |
| 1995-12-31 | CN¥0.47 | CN¥5.11 | x |
| 1996-12-31 | CN¥0.52 | CN¥5.11 | x |
| 1997-12-31 | CN¥0.82 | CN¥5.11 | x |
| 1998-12-31 | CN¥0.86 | CN¥5.11 | x |
| 1999-12-31 | CN¥0.86 | CN¥5.11 | x |
| 2000-12-31 | CN¥0.88 | CN¥5.11 | x |
| 2001-12-31 | CN¥0.75 | CN¥5.11 | x |
| 2002-12-31 | CN¥0.74 | CN¥5.11 | x |
| 2003-12-31 | CN¥0.77 | CN¥5.11 | x |
| 2004-12-31 | CN¥0.80 | CN¥5.11 | x |
| 2005-12-31 | CN¥0.83 | CN¥5.11 | x |
| 2006-12-31 | CN¥0.83 | CN¥5.11 | x |
| 2007-12-31 | CN¥0.85 | CN¥5.11 | x |
| 2008-12-31 | CN¥0.87 | CN¥5.11 | x |
| 2009-12-31 | CN¥0.90 | CN¥5.11 | x |
| 2010-12-31 | CN¥0.93 | CN¥5.11 | x |
| 2011-12-31 | CN¥0.97 | CN¥5.11 | x |
| 2012-12-31 | CN¥0.99 | CN¥5.11 | x |
| 2013-12-31 | CN¥1.02 | CN¥5.11 | x |
| 2014-12-31 | CN¥1.64 | CN¥5.11 | x |
| 2015-12-31 | CN¥1.55 | CN¥5.11 | x |
| 2016-12-31 | CN¥1.60 | CN¥5.11 | x |
| 2017-12-31 | CN¥1.63 | CN¥5.11 | x |
| 2018-12-31 | CN¥1.66 | CN¥5.11 | x |
| 2019-12-31 | CN¥1.64 | CN¥5.11 | x |
| 2020-12-31 | CN¥1.52 | CN¥5.11 | x |
| 2021-12-31 | CN¥1.34 | CN¥5.11 | x |
| 2022-12-31 | CN¥1.30 | CN¥5.11 | x |
| 2023-12-31 | CN¥1.18 | CN¥5.11 | x |
| 2024-12-31 | CN¥0.93 | CN¥5.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shanghai Fudan Forward S&T 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): -20.90%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -20.64%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 2.23x
- Recent ROE (-20.90%) is below the historical average (3.09%), 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 | 6.78% | 15.08% | 0.31x | 1.43x | CN¥-3.48 Million |
| 1993 | 11.78% | 16.65% | 0.53x | 1.34x | CN¥3.14 Million |
| 1994 | 14.00% | 18.50% | 0.56x | 1.34x | CN¥7.66 Million |
| 1995 | 10.02% | 17.93% | 0.40x | 1.41x | CN¥54.57K |
| 1996 | 10.21% | 15.13% | 0.43x | 1.58x | CN¥636.55K |
| 1997 | 7.21% | 14.46% | 0.37x | 1.33x | CN¥-13.17 Million |
| 1998 | 3.03% | 6.97% | 0.27x | 1.58x | CN¥-34.73 Million |
| 1999 | 3.81% | 8.42% | 0.26x | 1.72x | CN¥-30.66 Million |
| 2000 | 5.61% | 11.26% | 0.26x | 1.88x | CN¥-22.21 Million |
| 2001 | 0.73% | 1.05% | 0.28x | 2.47x | CN¥-40.12 Million |
| 2002 | 1.46% | 2.39% | 0.26x | 2.35x | CN¥-36.45 Million |
| 2003 | 2.46% | 3.94% | 0.26x | 2.40x | CN¥-33.38 Million |
| 2004 | 3.62% | 5.10% | 0.31x | 2.27x | CN¥-29.26 Million |
| 2005 | 4.06% | 5.49% | 0.34x | 2.21x | CN¥-28.56 Million |
| 2006 | 3.38% | 4.18% | 0.38x | 2.12x | CN¥-31.76 Million |
| 2007 | 4.10% | 4.06% | 0.47x | 2.17x | CN¥-29.27 Million |
| 2008 | 4.44% | 3.97% | 0.53x | 2.13x | CN¥-28.28 Million |
| 2009 | 2.71% | 2.51% | 0.47x | 2.32x | CN¥-38.14 Million |
| 2010 | 3.77% | 3.41% | 0.42x | 2.64x | CN¥-33.84 Million |
| 2011 | 4.21% | 3.26% | 0.48x | 2.69x | CN¥-32.79 Million |
| 2012 | 4.85% | 3.24% | 0.66x | 2.27x | CN¥-29.84 Million |
| 2013 | 5.67% | 3.54% | 0.62x | 2.59x | CN¥-25.73 Million |
| 2014 | 3.95% | 4.02% | 0.61x | 1.61x | CN¥-62.05 Million |
| 2015 | 4.91% | 7.28% | 0.39x | 1.73x | CN¥-54.16 Million |
| 2016 | 3.50% | 5.68% | 0.29x | 2.11x | CN¥-70.94 Million |
| 2017 | 3.80% | 5.77% | 0.31x | 2.14x | CN¥-69.39 Million |
| 2018 | 3.20% | 3.62% | 0.37x | 2.41x | CN¥-77.61 Million |
| 2019 | 0.93% | 0.75% | 0.63x | 1.98x | CN¥-102.09 Million |
| 2020 | -5.26% | -5.83% | 0.45x | 2.01x | CN¥-158.96 Million |
| 2021 | -11.04% | -9.72% | 0.54x | 2.09x | CN¥-192.82 Million |
| 2022 | 0.07% | 0.08% | 0.42x | 2.11x | CN¥-87.58 Million |
| 2023 | 0.74% | 0.88% | 0.38x | 2.23x | CN¥-74.52 Million |
| 2024 | -20.90% | -20.64% | 0.45x | 2.23x | CN¥-196.95 Million |
Industry Comparison
This section compares Shanghai Fudan Forward S&T Co Ltd's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $978,124,373
- Average return on equity (ROE) among peers: 8.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shanghai Fudan Forward S&T Co Ltd (600624) | CN¥658.31 Million | 6.78% | 1.33x | $319.93 Million |
| China Baoan Group Co Ltd (000009) | $1.27 Billion | 1.07% | 2.24x | $1.86 Billion |
| Yunding Technology Co Ltd (000409) | $941.98 Million | 8.55% | 0.27x | $527.49 Million |
| Create Technology & Science Co Ltd (000551) | $251.29 Million | 12.94% | 2.35x | $557.14 Million |
| Sundiro Holding Co Ltd (000571) | $1.77 Billion | 7.65% | 0.23x | $606.69 Million |
| Guangdong Ganhua Science & Industry Co Ltd (000576) | $701.02 Million | 10.07% | 0.54x | $356.12 Million |
| Macrolink Real Estate Co Ltd (000620) | $143.94 Million | 0.00% | 3.19x | $1.86 Billion |
| Tianjin Economic-technological Development Area Co Ltd (000652) | $571.94 Million | 29.23% | 0.30x | $544.91 Million |
| CHTC Helon Co Ltd (000677) | $529.22 Million | 4.03% | 1.82x | $434.09 Million |
| Gansu Yatai Industrial Development Co Ltd (000691) | $673.22 Million | 5.50% | 0.58x | $290.70 Million |
| Hunan Fazhan Industrial Co Ltd (000722) | $2.92 Billion | 3.04% | 0.07x | $393.69 Million |