Shanghai New Huang Pu Real Estate Co Ltd Net Assets
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
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