Shanghai New Huang Pu Real Estate Co Ltd Net Assets

Latest as of March 2026: CN¥4.95 Billion CNY ≈ $723.97 Million USD

Shanghai New Huang Pu Real Estate Co Ltd net assets. Based on the latest financial reports, Shanghai New Huang Pu Real Estate Co Ltd (600638) has net assets worth CN¥4.95 Billion CNY (≈ $723.97 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥20.77 Billion ≈ $3.04 Billion USD) and total liabilities (CN¥15.82 Billion ≈ $2.32 Billion 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 net asset growth rate of Shanghai New Huang Pu Real Estate Co Ltd to track the company's year-over-year net asset growth rate.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥4.95 Billion
% of Total Assets 23.82%
Annual Growth Rate 7.79%
5-Year Change 6.34%
10-Year Change 15.74%
Growth Volatility 17.78

Net Assets of Shanghai New Huang Pu Real Estate Co Ltd (1993–2025)

Net assets of Shanghai New Huang Pu Real Estate Co Ltd from 1993 to 2025. This chart illustrates how Shanghai New Huang Pu Real Estate Co Ltd's net assets have evolved over time, based on quarterly financial data. See 600638 equity to assets ratio to measure how much of total assets are equity-financed.

Annual Net Assets for Shanghai New Huang Pu Real Estate Co Ltd (1993–2025)

The table below shows the annual net assets of Shanghai New Huang Pu Real Estate Co Ltd from 1993 to 2025. For live market cap and overall valuation, see 600638 market cap.

Year Net Assets Change
2025-12-31 CN¥4.81 Billion
≈ $703.85 Million
+1.31%
2024-12-31 CN¥4.75 Billion
≈ $694.72 Million
+2.22%
2023-12-31 CN¥4.64 Billion
≈ $679.61 Million
+1.26%
2022-12-31 CN¥4.59 Billion
≈ $671.14 Million
+1.40%
2021-12-31 CN¥4.52 Billion
≈ $661.90 Million
+0.35%
2020-12-31 CN¥4.51 Billion
≈ $659.60 Million
+5.58%
2019-12-31 CN¥4.27 Billion
≈ $624.72 Million
-9.52%
2018-12-31 CN¥4.72 Billion
≈ $690.46 Million
+8.98%
2017-12-31 CN¥4.33 Billion
≈ $633.57 Million
+4.18%
2016-12-31 CN¥4.16 Billion
≈ $608.15 Million
+5.63%
2015-12-31 CN¥3.93 Billion
≈ $575.73 Million
+4.13%
2014-12-31 CN¥3.78 Billion
≈ $552.87 Million
+2.45%
2013-12-31 CN¥3.69 Billion
≈ $539.65 Million
+3.41%
2012-12-31 CN¥3.57 Billion
≈ $521.88 Million
+6.69%
2011-12-31 CN¥3.34 Billion
≈ $489.17 Million
+3.67%
2010-12-31 CN¥3.22 Billion
≈ $471.84 Million
+9.71%
2009-12-31 CN¥2.94 Billion
≈ $430.07 Million
+12.81%
2008-12-31 CN¥2.61 Billion
≈ $381.24 Million
+4.67%
2007-12-31 CN¥2.49 Billion
≈ $364.24 Million
+6.26%
2006-12-31 CN¥2.34 Billion
≈ $342.78 Million
+2.45%
2005-12-31 CN¥2.29 Billion
≈ $334.58 Million
+0.99%
2004-12-31 CN¥2.26 Billion
≈ $331.29 Million
+1.22%
2003-12-31 CN¥2.24 Billion
≈ $327.29 Million
+2.95%
2002-12-31 CN¥2.17 Billion
≈ $317.93 Million
+2.71%
2001-12-31 CN¥2.12 Billion
≈ $309.55 Million
+17.36%
2000-12-31 CN¥1.80 Billion
≈ $263.76 Million
+4.35%
1999-12-31 CN¥1.73 Billion
≈ $252.78 Million
-5.79%
1998-12-31 CN¥1.83 Billion
≈ $268.32 Million
+9.70%
1997-12-31 CN¥1.67 Billion
≈ $244.60 Million
+98.25%
1996-12-31 CN¥843.14 Million
≈ $123.38 Million
+25.45%
1995-12-31 CN¥672.08 Million
≈ $98.35 Million
+26.62%
1994-12-31 CN¥530.80 Million
≈ $77.67 Million
+21.67%
1993-12-31 CN¥436.26 Million
≈ $63.84 Million
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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 4635.2% over the analyzed period, indicating profitable operations and earnings retention.

Shanghai New Huang Pu Real Estate Co Ltd Net Assets Breakdown (December 2025)

Shanghai New Huang Pu Real Estate Co Ltd net assets breakdown by equity component as of December 2025.

Component Amount Percentage
Retained Earnings CN¥2.58 Billion 56.89%
Other Components CN¥1.96 Billion 43.11%
Total Equity CN¥4.54 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
American Coastal Insurance Corp
NASDAQ:ACIC
$441.50 Million
WideOpenWest Inc
NYSE:WOW
$441.57 Million
China Chippacking Technology Co. Ltd. A
SHG:688216
$441.73 Million
Hunan Chen Dian International Development Co Ltd
SHG:600969
$441.86 Million
PSK HOLDINGS Inc
KQ:031980
$441.39 Million
Tengda Construction Group Co Ltd
SHG:600512
$441.35 Million
Nuveen Multi-Asset Income Fund
NYSE:NMAI
$441.22 Million
YeaShin International Development Co Ltd
TWO:5213
$441.15 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 2024 to 2025, total equity changed from 4,496,888,559 to 4,538,071,523, a change of 41,182,964 (0.9%).
  • Net income of 67,609,744 contributed positively to equity growth.
  • Dividend payments of 189,691,324 reduced retained earnings.
  • Other factors increased equity by 163,264,545.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CN¥67.61 Million +1.49%
Dividends Paid CN¥189.69 Million -4.18%
Other Changes CN¥163.26 Million +3.6%
Total Change CN¥- 0.92%

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: 0.66x
  • 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 6.92x to 0.66x 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¥4.48 x
1994-12-31 CN¥0.79 CN¥4.48 x
1995-12-31 CN¥1.00 CN¥4.48 x
1996-12-31 CN¥1.25 CN¥4.48 x
1997-12-31 CN¥2.33 CN¥4.48 x
1998-12-31 CN¥2.51 CN¥4.48 x
1999-12-31 CN¥2.30 CN¥4.48 x
2000-12-31 CN¥2.49 CN¥4.48 x
2001-12-31 CN¥3.09 CN¥4.48 x
2002-12-31 CN¥3.17 CN¥4.48 x
2003-12-31 CN¥3.26 CN¥4.48 x
2004-12-31 CN¥3.30 CN¥4.48 x
2005-12-31 CN¥3.33 CN¥4.48 x
2006-12-31 CN¥3.41 CN¥4.48 x
2007-12-31 CN¥3.60 CN¥4.48 x
2008-12-31 CN¥3.78 CN¥4.48 x
2009-12-31 CN¥3.97 CN¥4.48 x
2010-12-31 CN¥4.39 CN¥4.48 x
2011-12-31 CN¥4.49 CN¥4.48 x
2012-12-31 CN¥4.82 CN¥4.48 x
2013-12-31 CN¥4.99 CN¥4.48 x
2014-12-31 CN¥5.14 CN¥4.48 x
2015-12-31 CN¥5.37 CN¥4.48 x
2016-12-31 CN¥5.42 CN¥4.48 x
2017-12-31 CN¥6.25 CN¥4.48 x
2018-12-31 CN¥6.79 CN¥4.48 x
2019-12-31 CN¥6.04 CN¥4.48 x
2020-12-31 CN¥6.40 CN¥4.48 x
2021-12-31 CN¥6.48 CN¥4.48 x
2022-12-31 CN¥6.51 CN¥4.48 x
2023-12-31 CN¥6.58 CN¥4.48 x
2024-12-31 CN¥6.68 CN¥4.48 x
2025-12-31 CN¥6.74 CN¥4.48 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): 1.49%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 2.68%
  • • Asset Turnover: 0.13x
  • • Equity Multiplier: 4.41x
  • Recent ROE (1.49%) is below the historical average (6.16%), 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
2025 1.49% 2.68% 0.13x 4.41x CN¥-386.20 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: $9,514,896,614
  • Average return on equity (ROE) among peers: 9.36%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shanghai New Huang Pu Real Estate Co Ltd (600638) CN¥4.95 Billion 12.52% 3.20x $441.46 Million
China Vanke Co Ltd Class A (000002) $33.92 Billion 14.28% 1.95x $4.61 Billion
Shenzhen Zhenye Group Co Ltd (000006) $294.00 Million 23.60% 0.89x $1.21 Billion
Shenzhen Properties & Resources Development Group Ltd (000011) $1.34 Billion 19.41% 1.83x $691.22 Million
Shahe Industry Co Ltd (000014) $955.92 Million 3.36% 1.06x $318.06 Million
Grandjoy Holdings Group Co Ltd (000031) $46.10 Billion -3.18% 3.30x $1.34 Billion
China Union Holdings Ltd (000036) $4.02 Billion 33.51% 1.42x $675.84 Million
Shenzhen Centralcon Investment Holding Co Ltd (000042) $5.58 Billion -33.08% 4.55x $620.68 Million
Shenzhen Wongtee International Enterprise Co Ltd (000056) $435.59 Million 8.92% 1.55x $251.53 Million
Financial Street Holdings Co Ltd (000402) $50.33 Million 21.29% 2.26x $966.60 Million
Chongqing Yukaifa Co Ltd (000514) $2.45 Billion 5.50% 0.88x $470.42 Million

About Shanghai New Huang Pu Real Estate Co Ltd

SHG:600638 China Real Estate - Development
Market Cap
$441.46 Million
CN¥3.02 Billion CNY
Market Cap Rank
#12531 Global
#3655 in China
Share Price
CN¥4.48
Change (1 day)
-1.54%
52-Week Range
CN¥4.37 - CN¥7.49
All Time High
CN¥15.38
About

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 housing, ordinary commercial housing, multi-story apartments and villas, affordable housing, high-end office buildings, and science and technology parks. The company is also involved in real estate management; renovation of ol… Read more