Shanghai Dragon Corp (600630) - Net Assets
Based on the latest financial reports, Shanghai Dragon Corp (600630) has net assets worth CN¥788.94 Million CNY (≈ $115.45 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¥1.65 Billion ≈ $241.40 Million USD) and total liabilities (CN¥860.73 Million ≈ $125.95 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. Check Shanghai Dragon Corp (600630) asset resilience to evaluate the company's liquid asset resilience ratio.
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. Also explore Shanghai Dragon Corp assets under control for the complete picture of this company's asset base.
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. For live valuation and market cap data, see Shanghai Dragon Corp stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥773.68 Million ≈ $113.21 Million |
+5.48% |
| 2023-12-31 | CN¥733.50 Million ≈ $107.33 Million |
+2.18% |
| 2022-12-31 | CN¥717.83 Million ≈ $105.04 Million |
-42.13% |
| 2021-12-31 | CN¥1.24 Billion ≈ $181.50 Million |
-19.87% |
| 2020-12-31 | CN¥1.55 Billion ≈ $226.51 Million |
-15.95% |
| 2019-12-31 | CN¥1.84 Billion ≈ $269.50 Million |
+0.74% |
| 2018-12-31 | CN¥1.83 Billion ≈ $267.52 Million |
-0.21% |
| 2017-12-31 | CN¥1.83 Billion ≈ $268.08 Million |
+7.07% |
| 2016-12-31 | CN¥1.71 Billion ≈ $250.38 Million |
+0.89% |
| 2015-12-31 | CN¥1.70 Billion ≈ $248.16 Million |
+3.86% |
| 2014-12-31 | CN¥1.63 Billion ≈ $238.93 Million |
+4.06% |
| 2013-12-31 | CN¥1.57 Billion ≈ $229.61 Million |
+3.48% |
| 2012-12-31 | CN¥1.52 Billion ≈ $221.89 Million |
+3.62% |
| 2011-12-31 | CN¥1.46 Billion ≈ $214.14 Million |
+2.40% |
| 2010-12-31 | CN¥1.43 Billion ≈ $209.12 Million |
+4.15% |
| 2009-12-31 | CN¥1.37 Billion ≈ $200.78 Million |
+0.98% |
| 2008-12-31 | CN¥1.36 Billion ≈ $198.83 Million |
-0.09% |
| 2007-12-31 | CN¥1.36 Billion ≈ $199.00 Million |
-4.53% |
| 2006-12-31 | CN¥1.42 Billion ≈ $208.44 Million |
+0.45% |
| 2005-12-31 | CN¥1.42 Billion ≈ $207.50 Million |
-0.43% |
| 2004-12-31 | CN¥1.42 Billion ≈ $208.41 Million |
-19.39% |
| 2003-12-31 | CN¥1.77 Billion ≈ $258.53 Million |
+0.99% |
| 2002-12-31 | CN¥1.75 Billion ≈ $255.99 Million |
+3.31% |
| 2001-12-31 | CN¥1.69 Billion ≈ $247.79 Million |
+25.37% |
| 2000-12-31 | CN¥1.35 Billion ≈ $197.64 Million |
+10.84% |
| 1999-12-31 | CN¥1.22 Billion ≈ $178.31 Million |
-0.44% |
| 1998-12-31 | CN¥1.22 Billion ≈ $179.11 Million |
+221.90% |
| 1997-12-31 | CN¥380.23 Million ≈ $55.64 Million |
-0.22% |
| 1996-12-31 | CN¥381.07 Million ≈ $55.76 Million |
+1.81% |
| 1995-12-31 | CN¥374.30 Million ≈ $54.77 Million |
-1.34% |
| 1994-12-31 | CN¥379.37 Million ≈ $55.51 Million |
+6.25% |
| 1993-12-31 | CN¥357.04 Million ≈ $52.25 Million |
+13.06% |
| 1992-12-31 | CN¥315.80 Million ≈ $46.21 Million |
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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 |
|---|---|
|
Mesa Laboratories Inc
NASDAQ:MLAB
|
$519.17 Million |
|
Wuxi Commercial Mansion Grand Orient Co Ltd
SHG:600327
|
$519.18 Million |
|
Core Lithium Ltd
AU:CXO
|
$519.19 Million |
|
Titan International Inc
NYSE:TWI
|
$519.24 Million |
|
TSRC Corp
TW:2103
|
$518.99 Million |
|
Lungteh Shipbldg Co Ltd
TW:6753
|
$518.96 Million |
|
Jiangsu WELLE Environmental Co Ltd
SHE:300190
|
$518.83 Million |
|
Shenzhen Kingsun Science Tech
SHE:300235
|
$518.69 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: 4.91x
- 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 11.29x to 4.91x 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¥8.35 | x |
| 1993-12-31 | CN¥0.84 | CN¥8.35 | x |
| 1994-12-31 | CN¥0.89 | CN¥8.35 | x |
| 1995-12-31 | CN¥0.88 | CN¥8.35 | x |
| 1996-12-31 | CN¥0.88 | CN¥8.35 | x |
| 1997-12-31 | CN¥0.88 | CN¥8.35 | x |
| 1998-12-31 | CN¥2.87 | CN¥8.35 | x |
| 1999-12-31 | CN¥2.78 | CN¥8.35 | x |
| 2000-12-31 | CN¥3.02 | CN¥8.35 | x |
| 2001-12-31 | CN¥3.81 | CN¥8.35 | x |
| 2002-12-31 | CN¥3.87 | CN¥8.35 | x |
| 2003-12-31 | CN¥3.88 | CN¥8.35 | x |
| 2004-12-31 | CN¥3.16 | CN¥8.35 | x |
| 2005-12-31 | CN¥3.20 | CN¥8.35 | x |
| 2006-12-31 | CN¥3.25 | CN¥8.35 | x |
| 2007-12-31 | CN¥3.11 | CN¥8.35 | x |
| 2008-12-31 | CN¥3.15 | CN¥8.35 | x |
| 2009-12-31 | CN¥3.21 | CN¥8.35 | x |
| 2010-12-31 | CN¥3.45 | CN¥8.35 | x |
| 2011-12-31 | CN¥3.49 | CN¥8.35 | x |
| 2012-12-31 | CN¥3.65 | CN¥8.35 | x |
| 2013-12-31 | CN¥3.60 | CN¥8.35 | x |
| 2014-12-31 | CN¥3.86 | CN¥8.35 | x |
| 2015-12-31 | CN¥3.98 | CN¥8.35 | x |
| 2016-12-31 | CN¥4.08 | CN¥8.35 | x |
| 2017-12-31 | CN¥4.24 | CN¥8.35 | x |
| 2018-12-31 | CN¥4.32 | CN¥8.35 | x |
| 2019-12-31 | CN¥4.29 | CN¥8.35 | x |
| 2020-12-31 | CN¥3.59 | CN¥8.35 | x |
| 2021-12-31 | CN¥2.87 | CN¥8.35 | x |
| 2022-12-31 | CN¥1.64 | CN¥8.35 | x |
| 2023-12-31 | CN¥1.79 | CN¥8.35 | x |
| 2024-12-31 | CN¥1.70 | CN¥8.35 | 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: $2,534,008,807
- Average return on equity (ROE) among peers: 0.13%
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 | $519.12 Million |
| Shenzhen Textile Holdings Co Ltd (000045) | $242.62 Million | -49.13% | 1.34x | $811.88 Million |
| Shijiazhuang Changshan Textile Co Ltd (000158) | $535.08 Million | 15.38% | 1.49x | $4.15 Billion |
| Jilin Chemical Fibre Co Ltd (000420) | $2.78 Billion | 3.08% | 1.22x | $1.92 Billion |
| Lu Thai Textile Co Ltd (000726) | $1.75 Billion | 16.03% | 1.28x | $567.49 Million |
| Anhui Huamao Textile Co Ltd (000850) | $4.67 Billion | 2.23% | 0.69x | $631.06 Million |
| Xinxiang Chemical Fiber Co Ltd (000949) | $3.78 Billion | 3.43% | 1.15x | $2.01 Billion |
| Xinlong Holding Group Co Ltd (000955) | $731.21 Million | 0.09% | 0.45x | $408.10 Million |
| Huafu Top Dyed Melange Yarn Co Ltd (002042) | $6.45 Billion | 1.04% | 1.64x | $1.27 Billion |
| Sunvim Group Co Ltd (002083) | $2.55 Billion | 4.83% | 1.56x | $1.58 Billion |
| Hongda High-Tech Holding Co Ltd (002144) | $1.86 Billion | 4.36% | 0.17x | $363.16 Million |
About 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