Shanghai Dragon Corp (600630) - Net Assets

Latest as of September 2025: CN¥788.94 Million CNY ≈ $115.45 Million USD

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

SHG:600630 China Textile Manufacturing
Market Cap
$519.12 Million
CN¥3.55 Billion CNY
Market Cap Rank
#12391 Global
#3841 in China
Share Price
CN¥8.35
Change (1 day)
+0.24%
52-Week Range
CN¥7.48 - CN¥10.84
All Time High
CN¥31.58
About

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