Shanghai Shenda Co Ltd (600626) - Net Assets
Based on the latest financial reports, Shanghai Shenda Co Ltd (600626) has net assets worth CN¥3.57 Billion CNY (≈ $522.46 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¥10.08 Billion ≈ $1.48 Billion USD) and total liabilities (CN¥6.51 Billion ≈ $952.78 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. Also explore how large is Shanghai Shenda Co Ltd's balance sheet for the complete picture of this company's asset base.
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. Check Shanghai Shenda Co Ltd (600626) tangible equity ratio to evaluate the tangible quality of the company's equity base.
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. For live valuation and market cap data, see market value of Shanghai Shenda Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.53 Billion ≈ $515.94 Million |
+0.49% |
| 2023-12-31 | CN¥3.51 Billion ≈ $513.43 Million |
+6.03% |
| 2022-12-31 | CN¥3.31 Billion ≈ $484.24 Million |
-7.97% |
| 2021-12-31 | CN¥3.60 Billion ≈ $526.17 Million |
+24.97% |
| 2020-12-31 | CN¥2.88 Billion ≈ $421.04 Million |
-27.84% |
| 2019-12-31 | CN¥3.99 Billion ≈ $583.46 Million |
-2.14% |
| 2018-12-31 | CN¥4.07 Billion ≈ $596.19 Million |
+18.94% |
| 2017-12-31 | CN¥3.43 Billion ≈ $501.27 Million |
+16.97% |
| 2016-12-31 | CN¥2.93 Billion ≈ $428.56 Million |
+7.66% |
| 2015-12-31 | CN¥2.72 Billion ≈ $398.06 Million |
+11.27% |
| 2014-12-31 | CN¥2.44 Billion ≈ $357.76 Million |
+5.39% |
| 2013-12-31 | CN¥2.32 Billion ≈ $339.47 Million |
+5.91% |
| 2012-12-31 | CN¥2.19 Billion ≈ $320.53 Million |
+4.83% |
| 2011-12-31 | CN¥2.09 Billion ≈ $305.76 Million |
+8.82% |
| 2010-12-31 | CN¥1.92 Billion ≈ $280.97 Million |
+0.29% |
| 2009-12-31 | CN¥1.91 Billion ≈ $280.16 Million |
+0.52% |
| 2008-12-31 | CN¥1.90 Billion ≈ $278.71 Million |
+0.18% |
| 2007-12-31 | CN¥1.90 Billion ≈ $278.20 Million |
+10.23% |
| 2006-12-31 | CN¥1.72 Billion ≈ $252.38 Million |
+3.93% |
| 2005-12-31 | CN¥1.66 Billion ≈ $242.85 Million |
+1.98% |
| 2004-12-31 | CN¥1.63 Billion ≈ $238.12 Million |
+2.33% |
| 2003-12-31 | CN¥1.59 Billion ≈ $232.70 Million |
+10.36% |
| 2002-12-31 | CN¥1.44 Billion ≈ $210.85 Million |
+11.63% |
| 2001-12-31 | CN¥1.29 Billion ≈ $188.88 Million |
+29.48% |
| 2000-12-31 | CN¥996.89 Million ≈ $145.88 Million |
+11.78% |
| 1999-12-31 | CN¥891.83 Million ≈ $130.50 Million |
+10.70% |
| 1998-12-31 | CN¥805.66 Million ≈ $117.89 Million |
+132.32% |
| 1997-12-31 | CN¥346.79 Million ≈ $50.75 Million |
+4.15% |
| 1996-12-31 | CN¥332.98 Million ≈ $48.73 Million |
+1.70% |
| 1995-12-31 | CN¥327.40 Million ≈ $47.91 Million |
+2.55% |
| 1994-12-31 | CN¥319.25 Million ≈ $46.72 Million |
+7.78% |
| 1993-12-31 | CN¥296.20 Million ≈ $43.34 Million |
+33.74% |
| 1992-12-31 | CN¥221.48 Million ≈ $32.41 Million |
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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 |
|---|---|
|
Personalis Inc
NASDAQ:PSNL
|
$626.23 Million |
|
JDM Jingda Mach(Ningbo)Co Ltd
SHG:603088
|
$626.35 Million |
|
Jiangsu Hengshang Energy Conservation Technology Co. Ltd. A
SHG:603137
|
$626.39 Million |
|
Hangzhou Bio-Sincerity Pharma-Tech Co.Ltd.
SHE:301096
|
$626.39 Million |
|
Hangzhou Minsheng Healthcare Co Ltd
SHE:301507
|
$626.10 Million |
|
Ray Sigorta AS
IS:RAYSG
|
$626.01 Million |
|
Yijiahe Technology Co Ltd
SHG:603666
|
$625.87 Million |
|
Verra Mobility Corp
NASDAQ:VRRM
|
$625.86 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: 1.34x
- 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 10.39x to 1.34x 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¥3.24 | x |
| 1993-12-31 | CN¥0.41 | CN¥3.24 | x |
| 1994-12-31 | CN¥0.45 | CN¥3.24 | x |
| 1995-12-31 | CN¥0.45 | CN¥3.24 | x |
| 1996-12-31 | CN¥0.46 | CN¥3.24 | x |
| 1997-12-31 | CN¥0.48 | CN¥3.24 | x |
| 1998-12-31 | CN¥1.02 | CN¥3.24 | x |
| 1999-12-31 | CN¥1.12 | CN¥3.24 | x |
| 2000-12-31 | CN¥1.26 | CN¥3.24 | x |
| 2001-12-31 | CN¥1.68 | CN¥3.24 | x |
| 2002-12-31 | CN¥1.79 | CN¥3.24 | x |
| 2003-12-31 | CN¥1.99 | CN¥3.24 | x |
| 2004-12-31 | CN¥2.06 | CN¥3.24 | x |
| 2005-12-31 | CN¥2.12 | CN¥3.24 | x |
| 2006-12-31 | CN¥2.20 | CN¥3.24 | x |
| 2007-12-31 | CN¥2.37 | CN¥3.24 | x |
| 2008-12-31 | CN¥2.41 | CN¥3.24 | x |
| 2009-12-31 | CN¥2.48 | CN¥3.24 | x |
| 2010-12-31 | CN¥2.48 | CN¥3.24 | x |
| 2011-12-31 | CN¥2.72 | CN¥3.24 | x |
| 2012-12-31 | CN¥2.85 | CN¥3.24 | x |
| 2013-12-31 | CN¥3.03 | CN¥3.24 | x |
| 2014-12-31 | CN¥3.17 | CN¥3.24 | x |
| 2015-12-31 | CN¥3.32 | CN¥3.24 | x |
| 2016-12-31 | CN¥3.47 | CN¥3.24 | x |
| 2017-12-31 | CN¥3.61 | CN¥3.24 | x |
| 2018-12-31 | CN¥4.63 | CN¥3.24 | x |
| 2019-12-31 | CN¥3.93 | CN¥3.24 | x |
| 2020-12-31 | CN¥2.84 | CN¥3.24 | x |
| 2021-12-31 | CN¥3.42 | CN¥3.24 | x |
| 2022-12-31 | CN¥2.81 | CN¥3.24 | x |
| 2023-12-31 | CN¥2.66 | CN¥3.24 | x |
| 2024-12-31 | CN¥2.41 | CN¥3.24 | 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: $3,153,885,897
- Average return on equity (ROE) among peers: -1.00%
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 | $626.18 Million |
| Shenzhen Textile Holdings Co Ltd (000045) | $242.62 Million | -49.13% | 1.34x | $590.52 Million |
| Shijiazhuang Changshan Textile Co Ltd (000158) | $1.25 Billion | 6.26% | 0.65x | $2.88 Billion |
| Jilin Chemical Fibre Co Ltd (000420) | $1.24 Billion | 1.79% | 0.89x | $1.31 Billion |
| Lu Thai Textile Co Ltd (000726) | $8.30 Billion | 11.48% | 0.43x | $498.29 Million |
| Anhui Huamao Textile Co Ltd (000850) | $2.47 Billion | 12.33% | 1.57x | $544.07 Million |
| Xinxiang Chemical Fiber Co Ltd (000949) | $6.56 Billion | 3.75% | 1.00x | $1.33 Billion |
| Xinlong Holding Group Co Ltd (000955) | $432.59 Million | 0.23% | 1.21x | $289.14 Million |
| Huafu Top Dyed Melange Yarn Co Ltd (002042) | $6.07 Billion | -3.42% | 1.83x | $908.35 Million |
| Sunvim Group Co Ltd (002083) | $2.85 Billion | 4.73% | 1.59x | $1.33 Billion |
| Hongda High-Tech Holding Co Ltd (002144) | $2.13 Billion | 2.03% | 0.08x | $243.14 Million |
About 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