Shanghai New Huang Pu Real Estate Co Ltd
Shanghai New Huang Pu Industrial Group Co., Ltd., together with its subsidiaries, engages in the real estate business in China. It constructs, develops, and operates rental, affordable, and commercial housing, as well as commercial offices, multi-story houses and villas, science and technology parks, and others. The company is also involved in real estate management; renovation of old and dangero… Read more
Shanghai New Huang Pu Real Estate Co Ltd (600638) - Net Assets
Latest net assets as of September 2025: CN¥4.89 Billion CNY
Based on the latest financial reports, Shanghai New Huang Pu Real Estate Co Ltd (600638) has net assets worth CN¥4.89 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¥21.39 Billion) and total liabilities (CN¥16.50 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¥4.89 Billion |
| % of Total Assets | 22.85% |
| Annual Growth Rate | 8.0% |
| 5-Year Change | 5.32% |
| 10-Year Change | 20.67% |
| Growth Volatility | 18.02 |
Shanghai New Huang Pu Real Estate Co Ltd - Net Assets Trend (1993–2024)
This chart illustrates how Shanghai New Huang Pu Real Estate 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 New Huang Pu Real Estate Co Ltd (1993–2024)
The table below shows the annual net assets of Shanghai New Huang Pu Real Estate Co Ltd from 1993 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.75 Billion | +2.22% |
| 2023-12-31 | CN¥4.64 Billion | +1.26% |
| 2022-12-31 | CN¥4.59 Billion | +1.40% |
| 2021-12-31 | CN¥4.52 Billion | +0.35% |
| 2020-12-31 | CN¥4.51 Billion | +5.58% |
| 2019-12-31 | CN¥4.27 Billion | -9.52% |
| 2018-12-31 | CN¥4.72 Billion | +8.98% |
| 2017-12-31 | CN¥4.33 Billion | +4.18% |
| 2016-12-31 | CN¥4.16 Billion | +5.63% |
| 2015-12-31 | CN¥3.93 Billion | +4.13% |
| 2014-12-31 | CN¥3.78 Billion | +2.45% |
| 2013-12-31 | CN¥3.69 Billion | +3.41% |
| 2012-12-31 | CN¥3.57 Billion | +6.69% |
| 2011-12-31 | CN¥3.34 Billion | +3.67% |
| 2010-12-31 | CN¥3.22 Billion | +9.71% |
| 2009-12-31 | CN¥2.94 Billion | +12.81% |
| 2008-12-31 | CN¥2.61 Billion | +4.67% |
| 2007-12-31 | CN¥2.49 Billion | +6.26% |
| 2006-12-31 | CN¥2.34 Billion | +2.45% |
| 2005-12-31 | CN¥2.29 Billion | +0.99% |
| 2004-12-31 | CN¥2.26 Billion | +1.22% |
| 2003-12-31 | CN¥2.24 Billion | +2.95% |
| 2002-12-31 | CN¥2.17 Billion | +2.71% |
| 2001-12-31 | CN¥2.12 Billion | +17.36% |
| 2000-12-31 | CN¥1.80 Billion | +4.35% |
| 1999-12-31 | CN¥1.73 Billion | -5.79% |
| 1998-12-31 | CN¥1.83 Billion | +9.70% |
| 1997-12-31 | CN¥1.67 Billion | +98.25% |
| 1996-12-31 | CN¥843.14 Million | +25.45% |
| 1995-12-31 | CN¥672.08 Million | +26.62% |
| 1994-12-31 | CN¥530.80 Million | +21.67% |
| 1993-12-31 | CN¥436.26 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shanghai New Huang Pu Real Estate 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 grown by 4559.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.54 Billion | 56.49% |
| Common Stock | CN¥673.40 Million | 14.97% |
| Other Components | CN¥1.28 Billion | 28.54% |
| Total Equity | CN¥4.50 Billion | 100.00% |
Shanghai New Huang Pu Real Estate Co Ltd Competitors by Market Cap
The table below lists competitors of Shanghai New Huang Pu Real Estate Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BHG Group AB (publ)
ST:BHG
|
$372.13 Million |
|
Optimum Communications, Inc.
NYSE:OPTU
|
$372.49 Million |
|
Bridge Investment Group Holdings Inc
NYSE:BRDG
|
$372.55 Million |
|
Zhejiang China Light & Textile Industrial City Group Co Ltd
SHG:600790
|
$372.59 Million |
|
ZJAMP Group Co Ltd
SHE:002758
|
$371.86 Million |
|
BGT Group Co. Ltd.
SHE:300774
|
$371.81 Million |
|
Genusplus Group Ltd
AU:GNP
|
$371.81 Million |
|
Photo-Me International plc
F:PHQ
|
$371.70 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shanghai New Huang Pu Real Estate Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,430,719,021 to 4,496,888,559, a change of 66,169,538 (1.5%).
- Net income of 81,708,479 contributed positively to equity growth.
- Dividend payments of 208,200,192 reduced retained earnings.
- Other factors increased equity by 192,661,251.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥81.71 Million | +1.82% |
| Dividends Paid | CN¥208.20 Million | -4.63% |
| Other Changes | CN¥192.66 Million | +4.28% |
| Total Change | CN¥- | 1.49% |
Book Value vs Market Value Analysis
This analysis compares Shanghai New Huang Pu Real Estate 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: 0.97x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 9.97x to 0.97x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-12-31 | CN¥0.65 | CN¥6.45 | x |
| 1994-12-31 | CN¥0.79 | CN¥6.45 | x |
| 1995-12-31 | CN¥1.00 | CN¥6.45 | x |
| 1996-12-31 | CN¥1.25 | CN¥6.45 | x |
| 1997-12-31 | CN¥2.33 | CN¥6.45 | x |
| 1998-12-31 | CN¥2.51 | CN¥6.45 | x |
| 1999-12-31 | CN¥2.30 | CN¥6.45 | x |
| 2000-12-31 | CN¥2.49 | CN¥6.45 | x |
| 2001-12-31 | CN¥3.09 | CN¥6.45 | x |
| 2002-12-31 | CN¥3.17 | CN¥6.45 | x |
| 2003-12-31 | CN¥3.26 | CN¥6.45 | x |
| 2004-12-31 | CN¥3.30 | CN¥6.45 | x |
| 2005-12-31 | CN¥3.33 | CN¥6.45 | x |
| 2006-12-31 | CN¥3.41 | CN¥6.45 | x |
| 2007-12-31 | CN¥3.60 | CN¥6.45 | x |
| 2008-12-31 | CN¥3.78 | CN¥6.45 | x |
| 2009-12-31 | CN¥3.97 | CN¥6.45 | x |
| 2010-12-31 | CN¥4.39 | CN¥6.45 | x |
| 2011-12-31 | CN¥4.49 | CN¥6.45 | x |
| 2012-12-31 | CN¥4.82 | CN¥6.45 | x |
| 2013-12-31 | CN¥4.99 | CN¥6.45 | x |
| 2014-12-31 | CN¥5.14 | CN¥6.45 | x |
| 2015-12-31 | CN¥5.37 | CN¥6.45 | x |
| 2016-12-31 | CN¥5.42 | CN¥6.45 | x |
| 2017-12-31 | CN¥6.25 | CN¥6.45 | x |
| 2018-12-31 | CN¥6.79 | CN¥6.45 | x |
| 2019-12-31 | CN¥6.04 | CN¥6.45 | x |
| 2020-12-31 | CN¥6.40 | CN¥6.45 | x |
| 2021-12-31 | CN¥6.48 | CN¥6.45 | x |
| 2022-12-31 | CN¥6.51 | CN¥6.45 | x |
| 2023-12-31 | CN¥6.58 | CN¥6.45 | x |
| 2024-12-31 | CN¥6.68 | CN¥6.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shanghai New Huang Pu Real Estate 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): 1.82%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.56%
- • Asset Turnover: 0.17x
- • Equity Multiplier: 4.26x
- Recent ROE (1.82%) is below the historical average (6.30%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 12.52% | 21.56% | 0.40x | 1.47x | CN¥10.98 Million |
| 1994 | 16.11% | 22.87% | 0.32x | 2.19x | CN¥32.43 Million |
| 1995 | 15.27% | 20.92% | 0.38x | 1.92x | CN¥35.42 Million |
| 1996 | 14.33% | 23.66% | 0.37x | 1.63x | CN¥36.49 Million |
| 1997 | 13.19% | 24.04% | 0.37x | 1.49x | CN¥50.22 Million |
| 1998 | 9.37% | 15.46% | 0.34x | 1.77x | CN¥-10.75 Million |
| 1999 | 6.16% | 22.80% | 0.13x | 2.02x | CN¥-59.61 Million |
| 2000 | 7.33% | 25.58% | 0.16x | 1.78x | CN¥-44.84 Million |
| 2001 | 2.64% | 15.88% | 0.11x | 1.50x | CN¥-153.24 Million |
| 2002 | 2.53% | 8.24% | 0.23x | 1.33x | CN¥-159.58 Million |
| 2003 | 2.89% | 12.33% | 0.22x | 1.09x | CN¥-156.43 Million |
| 2004 | 3.60% | 12.03% | 0.27x | 1.12x | CN¥-142.51 Million |
| 2005 | 3.13% | 24.65% | 0.11x | 1.14x | CN¥-154.14 Million |
| 2006 | 2.57% | 10.12% | 0.19x | 1.34x | CN¥-170.66 Million |
| 2007 | 7.27% | 31.59% | 0.15x | 1.50x | CN¥-66.15 Million |
| 2008 | 6.81% | 37.49% | 0.12x | 1.50x | CN¥-81.01 Million |
| 2009 | 5.98% | 30.05% | 0.08x | 2.41x | CN¥-107.24 Million |
| 2010 | 7.21% | 40.43% | 0.08x | 2.30x | CN¥-82.51 Million |
| 2011 | 7.83% | 21.24% | 0.15x | 2.38x | CN¥-65.46 Million |
| 2012 | 6.42% | 19.65% | 0.13x | 2.60x | CN¥-116.14 Million |
| 2013 | 6.80% | 26.63% | 0.09x | 2.81x | CN¥-107.41 Million |
| 2014 | 4.89% | 16.40% | 0.10x | 2.91x | CN¥-177.08 Million |
| 2015 | 6.27% | 18.61% | 0.13x | 2.59x | CN¥-135.00 Million |
| 2016 | 2.80% | 8.78% | 0.11x | 2.89x | CN¥-262.77 Million |
| 2017 | 15.32% | 35.62% | 0.17x | 2.55x | CN¥224.03 Million |
| 2018 | 12.50% | 52.10% | 0.09x | 2.75x | CN¥114.43 Million |
| 2019 | -13.33% | -41.20% | 0.09x | 3.72x | CN¥-949.19 Million |
| 2020 | 6.23% | 20.17% | 0.07x | 4.66x | CN¥-162.52 Million |
| 2021 | 2.52% | 2.79% | 0.18x | 4.91x | CN¥-326.36 Million |
| 2022 | 1.29% | 1.20% | 0.19x | 5.60x | CN¥-381.46 Million |
| 2023 | 1.40% | 1.82% | 0.17x | 4.59x | CN¥-380.98 Million |
| 2024 | 1.82% | 2.56% | 0.17x | 4.26x | CN¥-367.98 Million |
Industry Comparison
This section compares Shanghai New Huang Pu Real Estate Co Ltd's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $9,981,031,371
- Average return on equity (ROE) among peers: 6.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shanghai New Huang Pu Real Estate Co Ltd (600638) | CN¥4.89 Billion | 12.52% | 3.38x | $372.02 Million |
| China Vanke Co Ltd Class A (000002) | $2.15 Billion | 10.68% | 1.09x | $5.28 Billion |
| Shenzhen Zhenye Group Co Ltd (000006) | $2.89 Billion | 15.02% | 1.88x | $1.04 Billion |
| Shahe Industry Co Ltd (000014) | $605.85 Million | 8.96% | 1.98x | $312.36 Million |
| Grandjoy Holdings Group Co Ltd (000031) | $52.09 Billion | 0.21% | 3.08x | $571.80 Million |
| China Union Holdings Ltd (000036) | $2.68 Billion | 2.58% | 1.41x | $356.29 Million |
| Shenzhen Centralcon Investment Holding Co Ltd (000042) | $1.74 Billion | 0.39% | 2.19x | $315.70 Million |
| Shenzhen Wongtee International Enterprise Co Ltd (000056) | $5.55 Billion | 0.90% | 1.24x | $213.53 Million |
| Financial Street Holdings Co Ltd (000402) | $31.13 Billion | 9.01% | 2.62x | $785.44 Million |
| Chongqing Yukaifa Co Ltd (000514) | $147.43 Million | 10.06% | 0.84x | $208.71 Million |
| Rongan Property Co Ltd (000517) | $819.92 Million | 2.19% | 0.80x | $214.19 Million |