Shanghai Dragon Corp
Shanghai Dragon Corporation industry in China. It engages in the knitting, home textile, apparel, international trade, e-commerce, and brand management businesses. The company also offers knitted underwear, home series, operates in textile leisure series, underwear, bras, and socks; home textile products, including bed sheets, quilt covers, pillowcases, cushion covers, quilt cores, blankets, towe… Read more
Shanghai Dragon Corp (600630) - Net Assets
Latest net assets as of September 2025: CN¥788.94 Million CNY
Based on the latest financial reports, Shanghai Dragon Corp (600630) has net assets worth CN¥788.94 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¥1.65 Billion) and total liabilities (CN¥860.73 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¥788.94 Million |
| % of Total Assets | 47.82% |
| Annual Growth Rate | 2.84% |
| 5-Year Change | -50.02% |
| 10-Year Change | -54.38% |
| Growth Volatility | 40.2 |
Shanghai Dragon Corp - Net Assets Trend (1992–2024)
This chart illustrates how Shanghai Dragon Corp'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 Dragon Corp (1992–2024)
The table below shows the annual net assets of Shanghai Dragon Corp from 1992 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥773.68 Million | +5.48% |
| 2023-12-31 | CN¥733.50 Million | +2.18% |
| 2022-12-31 | CN¥717.83 Million | -42.13% |
| 2021-12-31 | CN¥1.24 Billion | -19.87% |
| 2020-12-31 | CN¥1.55 Billion | -15.95% |
| 2019-12-31 | CN¥1.84 Billion | +0.74% |
| 2018-12-31 | CN¥1.83 Billion | -0.21% |
| 2017-12-31 | CN¥1.83 Billion | +7.07% |
| 2016-12-31 | CN¥1.71 Billion | +0.89% |
| 2015-12-31 | CN¥1.70 Billion | +3.86% |
| 2014-12-31 | CN¥1.63 Billion | +4.06% |
| 2013-12-31 | CN¥1.57 Billion | +3.48% |
| 2012-12-31 | CN¥1.52 Billion | +3.62% |
| 2011-12-31 | CN¥1.46 Billion | +2.40% |
| 2010-12-31 | CN¥1.43 Billion | +4.15% |
| 2009-12-31 | CN¥1.37 Billion | +0.98% |
| 2008-12-31 | CN¥1.36 Billion | -0.09% |
| 2007-12-31 | CN¥1.36 Billion | -4.53% |
| 2006-12-31 | CN¥1.42 Billion | +0.45% |
| 2005-12-31 | CN¥1.42 Billion | -0.43% |
| 2004-12-31 | CN¥1.42 Billion | -19.39% |
| 2003-12-31 | CN¥1.77 Billion | +0.99% |
| 2002-12-31 | CN¥1.75 Billion | +3.31% |
| 2001-12-31 | CN¥1.69 Billion | +25.37% |
| 2000-12-31 | CN¥1.35 Billion | +10.84% |
| 1999-12-31 | CN¥1.22 Billion | -0.44% |
| 1998-12-31 | CN¥1.22 Billion | +221.90% |
| 1997-12-31 | CN¥380.23 Million | -0.22% |
| 1996-12-31 | CN¥381.07 Million | +1.81% |
| 1995-12-31 | CN¥374.30 Million | -1.34% |
| 1994-12-31 | CN¥379.37 Million | +6.25% |
| 1993-12-31 | CN¥357.04 Million | +13.06% |
| 1992-12-31 | CN¥315.80 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shanghai Dragon Corp'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 5825.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥424.86 Million | 56.27% |
| Other Comprehensive Income | CN¥40.45 Million | 5.36% |
| Other Components | CN¥921.95 Million | 122.10% |
| Total Equity | CN¥755.08 Million | 100.00% |
Shanghai Dragon Corp Competitors by Market Cap
The table below lists competitors of Shanghai Dragon Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Infomedia Ltd
AU:IFM
|
$329.44 Million |
|
Fujian Longzhou Transportation Co Ltd
SHE:002682
|
$329.58 Million |
|
Shanxi Huhua Group Co Ltd
SHE:003002
|
$329.71 Million |
|
Anhui Jiuhuashan Tourism Dvlp
SHG:603199
|
$329.78 Million |
|
Banco di Desio e della Brianza S.p.A.
LSE:0O5V
|
$328.93 Million |
|
World Acceptance Corporation
NASDAQ:WRLD
|
$328.81 Million |
|
Beijing Jingxi Culture&Tourism Co Ltd
SHE:000802
|
$328.72 Million |
|
Investment AB Oresund
ST:ORES
|
$328.69 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shanghai Dragon Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 713,080,753 to 755,077,420, a change of 41,996,667 (5.9%).
- Net income of 39,991,769 contributed positively to equity growth.
- Dividend payments of 15,199,839 reduced retained earnings.
- Other comprehensive income increased equity by 43,358,427.
- Other factors decreased equity by 26,153,690.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥39.99 Million | +5.3% |
| Dividends Paid | CN¥15.20 Million | -2.01% |
| Other Comprehensive Income | CN¥43.36 Million | +5.74% |
| Other Changes | CN¥-26.15 Million | -3.46% |
| Total Change | CN¥- | 5.89% |
Book Value vs Market Value Analysis
This analysis compares Shanghai Dragon Corp'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: 4.92x
- 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 11.30x to 4.92x 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¥0.74 | CN¥8.36 | x |
| 1993-12-31 | CN¥0.84 | CN¥8.36 | x |
| 1994-12-31 | CN¥0.89 | CN¥8.36 | x |
| 1995-12-31 | CN¥0.88 | CN¥8.36 | x |
| 1996-12-31 | CN¥0.88 | CN¥8.36 | x |
| 1997-12-31 | CN¥0.88 | CN¥8.36 | x |
| 1998-12-31 | CN¥2.87 | CN¥8.36 | x |
| 1999-12-31 | CN¥2.78 | CN¥8.36 | x |
| 2000-12-31 | CN¥3.02 | CN¥8.36 | x |
| 2001-12-31 | CN¥3.81 | CN¥8.36 | x |
| 2002-12-31 | CN¥3.87 | CN¥8.36 | x |
| 2003-12-31 | CN¥3.88 | CN¥8.36 | x |
| 2004-12-31 | CN¥3.16 | CN¥8.36 | x |
| 2005-12-31 | CN¥3.20 | CN¥8.36 | x |
| 2006-12-31 | CN¥3.25 | CN¥8.36 | x |
| 2007-12-31 | CN¥3.11 | CN¥8.36 | x |
| 2008-12-31 | CN¥3.15 | CN¥8.36 | x |
| 2009-12-31 | CN¥3.21 | CN¥8.36 | x |
| 2010-12-31 | CN¥3.45 | CN¥8.36 | x |
| 2011-12-31 | CN¥3.49 | CN¥8.36 | x |
| 2012-12-31 | CN¥3.65 | CN¥8.36 | x |
| 2013-12-31 | CN¥3.60 | CN¥8.36 | x |
| 2014-12-31 | CN¥3.86 | CN¥8.36 | x |
| 2015-12-31 | CN¥3.98 | CN¥8.36 | x |
| 2016-12-31 | CN¥4.08 | CN¥8.36 | x |
| 2017-12-31 | CN¥4.24 | CN¥8.36 | x |
| 2018-12-31 | CN¥4.32 | CN¥8.36 | x |
| 2019-12-31 | CN¥4.29 | CN¥8.36 | x |
| 2020-12-31 | CN¥3.59 | CN¥8.36 | x |
| 2021-12-31 | CN¥2.87 | CN¥8.36 | x |
| 2022-12-31 | CN¥1.64 | CN¥8.36 | x |
| 2023-12-31 | CN¥1.79 | CN¥8.36 | x |
| 2024-12-31 | CN¥1.70 | CN¥8.36 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shanghai Dragon Corp 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): 5.30%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.26%
- • Asset Turnover: 1.06x
- • Equity Multiplier: 2.20x
- Recent ROE (5.30%) is above the historical average (-0.95%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1992 | 5.83% | 8.30% | 0.56x | 1.26x | CN¥-13.18 Million |
| 1993 | 3.54% | 2.84% | 1.03x | 1.22x | CN¥-23.08 Million |
| 1994 | 5.74% | 4.32% | 1.04x | 1.28x | CN¥-16.15 Million |
| 1995 | 1.95% | 1.33% | 1.02x | 1.45x | CN¥-30.12 Million |
| 1996 | 0.06% | 0.06% | 0.73x | 1.43x | CN¥-37.21 Million |
| 1997 | 0.14% | 0.16% | 0.55x | 1.54x | CN¥-36.99 Million |
| 1998 | 10.17% | 7.55% | 0.51x | 2.63x | CN¥2.11 Million |
| 1999 | 10.01% | 6.61% | 0.51x | 3.00x | CN¥105.04K |
| 2000 | 11.76% | 7.79% | 0.49x | 3.08x | CN¥22.74 Million |
| 2001 | 5.95% | 4.66% | 0.47x | 2.70x | CN¥-65.77 Million |
| 2002 | 3.06% | 2.25% | 0.52x | 2.60x | CN¥-114.68 Million |
| 2003 | 1.03% | 0.52% | 0.73x | 2.73x | CN¥-148.42 Million |
| 2004 | -21.91% | -8.91% | 0.82x | 3.01x | CN¥-430.79 Million |
| 2005 | 0.96% | 0.39% | 0.91x | 2.70x | CN¥-123.52 Million |
| 2006 | 1.78% | 0.70% | 1.08x | 2.34x | CN¥-113.68 Million |
| 2007 | 1.41% | 0.50% | 1.24x | 2.31x | CN¥-114.10 Million |
| 2008 | 1.52% | 0.55% | 1.28x | 2.16x | CN¥-112.59 Million |
| 2009 | 3.15% | 1.44% | 1.19x | 1.84x | CN¥-93.14 Million |
| 2010 | 4.06% | 1.63% | 1.37x | 1.82x | CN¥-84.15 Million |
| 2011 | 3.16% | 1.02% | 1.77x | 1.75x | CN¥-100.11 Million |
| 2012 | 3.01% | 0.97% | 1.84x | 1.70x | CN¥-105.89 Million |
| 2013 | 3.33% | 1.25% | 1.66x | 1.61x | CN¥-104.59 Million |
| 2014 | 3.89% | 1.54% | 1.79x | 1.41x | CN¥-99.70 Million |
| 2015 | 4.77% | 1.90% | 1.78x | 1.42x | CN¥-88.55 Million |
| 2016 | 1.23% | 0.49% | 1.65x | 1.52x | CN¥-148.72 Million |
| 2017 | 7.08% | 2.91% | 1.63x | 1.50x | CN¥-52.90 Million |
| 2018 | 2.08% | 0.86% | 1.48x | 1.63x | CN¥-143.25 Million |
| 2019 | 1.05% | 0.47% | 1.38x | 1.62x | CN¥-163.12 Million |
| 2020 | -19.09% | -8.96% | 1.24x | 1.72x | CN¥-444.13 Million |
| 2021 | -24.87% | -10.28% | 1.25x | 1.94x | CN¥-425.11 Million |
| 2022 | -74.91% | -23.79% | 1.29x | 2.44x | CN¥-591.76 Million |
| 2023 | 2.24% | 0.90% | 1.02x | 2.45x | CN¥-55.36 Million |
| 2024 | 5.30% | 2.26% | 1.06x | 2.20x | CN¥-35.52 Million |
Industry Comparison
This section compares Shanghai Dragon Corp'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 Dragon Corp (600630) | CN¥788.94 Million | 5.83% | 1.09x | $329.05 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 |