Shanghai Shenda Co Ltd
Shanghai Shenda Co., Ltd engages in the research and development, and manufacturing of industrial textiles in China. It offers automobile Interior decoration and acoustic components; carpets and accessory pads; sound insulation front wall, general sound insulation materials, and wheel arch linings; trunk decoration, packaging trays, and other interior parts. The company also provides technical se… Read more
Shanghai Shenda Co Ltd (600626) - Net Assets
Latest net assets as of September 2025: CN¥3.57 Billion CNY
Based on the latest financial reports, Shanghai Shenda Co Ltd (600626) has net assets worth CN¥3.57 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¥10.08 Billion) and total liabilities (CN¥6.51 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¥3.57 Billion |
| % of Total Assets | 35.42% |
| Annual Growth Rate | 9.03% |
| 5-Year Change | 22.54% |
| 10-Year Change | 29.61% |
| Growth Volatility | 24.32 |
Shanghai Shenda Co Ltd - Net Assets Trend (1992–2024)
This chart illustrates how Shanghai Shenda 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 Shenda Co Ltd (1992–2024)
The table below shows the annual net assets of Shanghai Shenda Co Ltd from 1992 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.53 Billion | +0.49% |
| 2023-12-31 | CN¥3.51 Billion | +6.03% |
| 2022-12-31 | CN¥3.31 Billion | -7.97% |
| 2021-12-31 | CN¥3.60 Billion | +24.97% |
| 2020-12-31 | CN¥2.88 Billion | -27.84% |
| 2019-12-31 | CN¥3.99 Billion | -2.14% |
| 2018-12-31 | CN¥4.07 Billion | +18.94% |
| 2017-12-31 | CN¥3.43 Billion | +16.97% |
| 2016-12-31 | CN¥2.93 Billion | +7.66% |
| 2015-12-31 | CN¥2.72 Billion | +11.27% |
| 2014-12-31 | CN¥2.44 Billion | +5.39% |
| 2013-12-31 | CN¥2.32 Billion | +5.91% |
| 2012-12-31 | CN¥2.19 Billion | +4.83% |
| 2011-12-31 | CN¥2.09 Billion | +8.82% |
| 2010-12-31 | CN¥1.92 Billion | +0.29% |
| 2009-12-31 | CN¥1.91 Billion | +0.52% |
| 2008-12-31 | CN¥1.90 Billion | +0.18% |
| 2007-12-31 | CN¥1.90 Billion | +10.23% |
| 2006-12-31 | CN¥1.72 Billion | +3.93% |
| 2005-12-31 | CN¥1.66 Billion | +1.98% |
| 2004-12-31 | CN¥1.63 Billion | +2.33% |
| 2003-12-31 | CN¥1.59 Billion | +10.36% |
| 2002-12-31 | CN¥1.44 Billion | +11.63% |
| 2001-12-31 | CN¥1.29 Billion | +29.48% |
| 2000-12-31 | CN¥996.89 Million | +11.78% |
| 1999-12-31 | CN¥891.83 Million | +10.70% |
| 1998-12-31 | CN¥805.66 Million | +132.32% |
| 1997-12-31 | CN¥346.79 Million | +4.15% |
| 1996-12-31 | CN¥332.98 Million | +1.70% |
| 1995-12-31 | CN¥327.40 Million | +2.55% |
| 1994-12-31 | CN¥319.25 Million | +7.78% |
| 1993-12-31 | CN¥296.20 Million | +33.74% |
| 1992-12-31 | CN¥221.48 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shanghai Shenda 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 3023.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥1.32 Billion | 41.44% |
| Other Comprehensive Income | CN¥585.37 Million | 18.37% |
| Other Components | CN¥1.54 Billion | 48.41% |
| Total Equity | CN¥3.19 Billion | 100.00% |
Shanghai Shenda Co Ltd Competitors by Market Cap
The table below lists competitors of Shanghai Shenda Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shanghai Yimin Commerce Group Co Ltd
SHG:600824
|
$353.40 Million |
|
Binh Duong Water Environment JSC
VN:BWE
|
$353.45 Million |
|
Lightbridge Corp
NASDAQ:LTBR
|
$353.47 Million |
|
BECLE S.A.B. DE C.V. 001
F:6BE
|
$353.61 Million |
|
Sichuan Kexin Mechanic Electric
SHE:300092
|
$353.13 Million |
|
Guangzhou Anyka Microelectronics Co. Ltd. A
SHG:688620
|
$353.08 Million |
|
GH Research PLC
NASDAQ:GHRS
|
$353.01 Million |
|
Pegavision
TW:6491
|
$352.97 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shanghai Shenda Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,183,577,222 to 3,187,333,480, a change of 3,756,258 (0.1%).
- Net income of 57,571,027 contributed positively to equity growth.
- Dividend payments of 132,187,375 reduced retained earnings.
- Other comprehensive income increased equity by 729,392,392.
- Other factors decreased equity by 651,019,786.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥57.57 Million | +1.81% |
| Dividends Paid | CN¥132.19 Million | -4.15% |
| Other Comprehensive Income | CN¥729.39 Million | +22.88% |
| Other Changes | CN¥-651.02 Million | -20.43% |
| Total Change | CN¥- | 0.12% |
Book Value vs Market Value Analysis
This analysis compares Shanghai Shenda 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: 1.86x
- 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 14.40x to 1.86x 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¥0.31 | CN¥4.49 | x |
| 1993-12-31 | CN¥0.41 | CN¥4.49 | x |
| 1994-12-31 | CN¥0.45 | CN¥4.49 | x |
| 1995-12-31 | CN¥0.45 | CN¥4.49 | x |
| 1996-12-31 | CN¥0.46 | CN¥4.49 | x |
| 1997-12-31 | CN¥0.48 | CN¥4.49 | x |
| 1998-12-31 | CN¥1.02 | CN¥4.49 | x |
| 1999-12-31 | CN¥1.12 | CN¥4.49 | x |
| 2000-12-31 | CN¥1.26 | CN¥4.49 | x |
| 2001-12-31 | CN¥1.68 | CN¥4.49 | x |
| 2002-12-31 | CN¥1.79 | CN¥4.49 | x |
| 2003-12-31 | CN¥1.99 | CN¥4.49 | x |
| 2004-12-31 | CN¥2.06 | CN¥4.49 | x |
| 2005-12-31 | CN¥2.12 | CN¥4.49 | x |
| 2006-12-31 | CN¥2.20 | CN¥4.49 | x |
| 2007-12-31 | CN¥2.37 | CN¥4.49 | x |
| 2008-12-31 | CN¥2.41 | CN¥4.49 | x |
| 2009-12-31 | CN¥2.48 | CN¥4.49 | x |
| 2010-12-31 | CN¥2.48 | CN¥4.49 | x |
| 2011-12-31 | CN¥2.72 | CN¥4.49 | x |
| 2012-12-31 | CN¥2.85 | CN¥4.49 | x |
| 2013-12-31 | CN¥3.03 | CN¥4.49 | x |
| 2014-12-31 | CN¥3.17 | CN¥4.49 | x |
| 2015-12-31 | CN¥3.32 | CN¥4.49 | x |
| 2016-12-31 | CN¥3.47 | CN¥4.49 | x |
| 2017-12-31 | CN¥3.61 | CN¥4.49 | x |
| 2018-12-31 | CN¥4.63 | CN¥4.49 | x |
| 2019-12-31 | CN¥3.93 | CN¥4.49 | x |
| 2020-12-31 | CN¥2.84 | CN¥4.49 | x |
| 2021-12-31 | CN¥3.42 | CN¥4.49 | x |
| 2022-12-31 | CN¥2.81 | CN¥4.49 | x |
| 2023-12-31 | CN¥2.66 | CN¥4.49 | x |
| 2024-12-31 | CN¥2.41 | CN¥4.49 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shanghai Shenda 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): 1.81%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.49%
- • Asset Turnover: 1.16x
- • Equity Multiplier: 3.21x
- Recent ROE (1.81%) is below the historical average (5.10%), 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 | 6.74% | 3.79% | 0.63x | 2.83x | CN¥-7.22 Million |
| 1993 | 11.04% | 3.80% | 1.11x | 2.62x | CN¥3.06 Million |
| 1994 | 12.91% | 3.20% | 1.48x | 2.72x | CN¥9.28 Million |
| 1995 | 4.67% | 0.95% | 1.53x | 3.21x | CN¥-16.95 Million |
| 1996 | 1.55% | 0.41% | 1.21x | 3.09x | CN¥-27.39 Million |
| 1997 | 10.02% | 3.04% | 1.24x | 2.66x | CN¥65.46K |
| 1998 | 11.50% | 5.36% | 0.88x | 2.45x | CN¥10.82 Million |
| 1999 | 13.10% | 4.36% | 1.20x | 2.51x | CN¥24.76 Million |
| 2000 | 13.84% | 4.40% | 1.25x | 2.52x | CN¥34.23 Million |
| 2001 | 12.06% | 4.60% | 1.37x | 1.91x | CN¥24.53 Million |
| 2002 | 10.58% | 3.50% | 1.41x | 2.15x | CN¥7.35 Million |
| 2003 | 9.50% | 2.71% | 1.64x | 2.15x | CN¥-7.03 Million |
| 2004 | 5.61% | 1.69% | 1.90x | 1.76x | CN¥-64.17 Million |
| 2005 | 5.18% | 1.57% | 1.90x | 1.74x | CN¥-72.46 Million |
| 2006 | 7.03% | 2.30% | 1.91x | 1.60x | CN¥-46.54 Million |
| 2007 | 10.14% | 3.46% | 1.79x | 1.63x | CN¥2.35 Million |
| 2008 | 6.04% | 2.14% | 1.78x | 1.59x | CN¥-67.67 Million |
| 2009 | 5.76% | 1.96% | 1.81x | 1.62x | CN¥-74.58 Million |
| 2010 | 11.42% | 3.38% | 2.06x | 1.64x | CN¥25.02 Million |
| 2011 | 11.17% | 3.25% | 2.10x | 1.64x | CN¥22.57 Million |
| 2012 | 8.13% | 2.42% | 1.88x | 1.79x | CN¥-38.00 Million |
| 2013 | 8.96% | 2.77% | 1.83x | 1.76x | CN¥-22.40 Million |
| 2014 | 6.55% | 2.10% | 1.77x | 1.76x | CN¥-77.84 Million |
| 2015 | 7.21% | 2.21% | 1.60x | 2.04x | CN¥-65.61 Million |
| 2016 | 7.87% | 2.24% | 1.61x | 2.18x | CN¥-52.45 Million |
| 2017 | 7.53% | 1.74% | 1.03x | 4.22x | CN¥-63.34 Million |
| 2018 | 3.80% | 0.77% | 1.47x | 3.38x | CN¥-203.91 Million |
| 2019 | -2.12% | -0.48% | 1.38x | 3.18x | CN¥-406.11 Million |
| 2020 | -40.19% | -9.00% | 1.15x | 3.88x | CN¥-1.22 Billion |
| 2021 | -2.10% | -0.65% | 1.09x | 2.95x | CN¥-397.08 Million |
| 2022 | -8.18% | -2.26% | 1.08x | 3.33x | CN¥-565.43 Million |
| 2023 | -10.90% | -2.98% | 1.08x | 3.40x | CN¥-665.51 Million |
| 2024 | 1.81% | 0.49% | 1.16x | 3.21x | CN¥-261.16 Million |
Industry Comparison
This section compares Shanghai Shenda Co Ltd's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $2,087,528,080
- Average return on equity (ROE) among peers: 3.92%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shanghai Shenda Co Ltd (600626) | CN¥3.57 Billion | 6.74% | 1.82x | $353.38 Million |
| Shijiazhuang Changshan Textile Co Ltd (000158) | $6.01 Billion | 5.91% | 1.13x | $2.82 Billion |
| Jilin Chemical Fibre Co Ltd (000420) | $2.78 Billion | 3.08% | 1.22x | $1.35 Billion |
| Anhui Huamao Textile Co Ltd (000850) | $1.46 Billion | 9.44% | 1.18x | $321.50 Million |
| Xinxiang Chemical Fiber Co Ltd (000949) | $5.51 Billion | -7.89% | 1.03x | $1.15 Billion |
| Xinlong Holding Group Co Ltd (000955) | $456.17 Million | 0.57% | 1.07x | $279.03 Million |
| Jiiangsu Times Textile Technology Co.LTD (001234) | $895.28 Million | 7.28% | 0.27x | $106.39 Million |
| Anhui Guqi Down & Feather (001390) | $913.70 Million | 18.41% | 0.55x | $30.69K |
| Huafu Top Dyed Melange Yarn Co Ltd (002042) | $218.05 Million | -26.65% | 0.95x | $570.82 Million |
| Sunvim Group Co Ltd (002083) | $2.51 Billion | 5.50% | 1.43x | $791.11 Million |
| Hongda High-Tech Holding Co Ltd (002144) | $122.66 Million | 23.59% | 1.10x | $232.55 Million |