Shanghai Jinqiao Export Processing Zone Development Co Ltd A
Shanghai Jinqiao Export Processing Zone Development Co.,Ltd engages in the development and construction, investment promotion, industrial development, and carrier operation management in China. Its property portfolio comprises industrial parks, serviced apartments, residential buildings, and office buildings. Shanghai Jinqiao Export Processing Zone Development Co.,Ltd was founded in 1992 and is h… Read more
Shanghai Jinqiao Export Processing Zone Development Co Ltd A (600639) - Net Assets
Latest net assets as of September 2025: CN¥18.72 Billion CNY
Based on the latest financial reports, Shanghai Jinqiao Export Processing Zone Development Co Ltd A (600639) has net assets worth CN¥18.72 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¥50.09 Billion) and total liabilities (CN¥31.37 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¥18.72 Billion |
| % of Total Assets | 37.38% |
| Annual Growth Rate | 8.45% |
| 5-Year Change | 71.11% |
| 10-Year Change | 106.52% |
| Growth Volatility | 10.87 |
Shanghai Jinqiao Export Processing Zone Development Co Ltd A - Net Assets Trend (1993–2024)
This chart illustrates how Shanghai Jinqiao Export Processing Zone Development Co Ltd A'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 Jinqiao Export Processing Zone Development Co Ltd A (1993–2024)
The table below shows the annual net assets of Shanghai Jinqiao Export Processing Zone Development Co Ltd A from 1993 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥18.79 Billion | +10.67% |
| 2023-12-31 | CN¥16.98 Billion | +11.28% |
| 2022-12-31 | CN¥15.26 Billion | +21.93% |
| 2021-12-31 | CN¥12.51 Billion | +13.95% |
| 2020-12-31 | CN¥10.98 Billion | +8.15% |
| 2019-12-31 | CN¥10.15 Billion | +11.94% |
| 2018-12-31 | CN¥9.07 Billion | -1.14% |
| 2017-12-31 | CN¥9.18 Billion | +4.68% |
| 2016-12-31 | CN¥8.77 Billion | -3.66% |
| 2015-12-31 | CN¥9.10 Billion | +45.20% |
| 2014-12-31 | CN¥6.27 Billion | +25.74% |
| 2013-12-31 | CN¥4.98 Billion | +4.61% |
| 2012-12-31 | CN¥4.76 Billion | +6.69% |
| 2011-12-31 | CN¥4.47 Billion | +10.02% |
| 2010-12-31 | CN¥4.06 Billion | +9.62% |
| 2009-12-31 | CN¥3.70 Billion | +8.54% |
| 2008-12-31 | CN¥3.41 Billion | +4.54% |
| 2007-12-31 | CN¥3.26 Billion | +10.41% |
| 2006-12-31 | CN¥2.96 Billion | +8.81% |
| 2005-12-31 | CN¥2.72 Billion | +6.17% |
| 2004-12-31 | CN¥2.56 Billion | +30.47% |
| 2003-12-31 | CN¥1.96 Billion | +10.76% |
| 2002-12-31 | CN¥1.77 Billion | +6.61% |
| 2001-12-31 | CN¥1.66 Billion | -3.37% |
| 2000-12-31 | CN¥1.72 Billion | +5.58% |
| 1999-12-31 | CN¥1.63 Billion | -12.05% |
| 1998-12-31 | CN¥1.85 Billion | +2.70% |
| 1997-12-31 | CN¥1.80 Billion | -2.40% |
| 1996-12-31 | CN¥1.85 Billion | +3.97% |
| 1995-12-31 | CN¥1.78 Billion | -2.59% |
| 1994-12-31 | CN¥1.82 Billion | +19.85% |
| 1993-12-31 | CN¥1.52 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shanghai Jinqiao Export Processing Zone Development Co Ltd A'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 4563.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥9.22 Billion | 63.51% |
| Common Stock | CN¥1.12 Billion | 7.73% |
| Other Comprehensive Income | CN¥2.61 Billion | 17.95% |
| Other Components | CN¥1.57 Billion | 10.81% |
| Total Equity | CN¥14.52 Billion | 100.00% |
Shanghai Jinqiao Export Processing Zone Development Co Ltd A Competitors by Market Cap
The table below lists competitors of Shanghai Jinqiao Export Processing Zone Development Co Ltd A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
POET Technologies Inc
NASDAQ:POET
|
$850.60 Million |
|
Sichuan Haite High-tech Co Ltd
SHE:002023
|
$850.82 Million |
|
Hunan Yujing Machinery Co Ltd Class A
SHE:002943
|
$851.24 Million |
|
CEAT Limited
NSE:CEATLTD
|
$851.32 Million |
|
SMART Global Holdings Inc
STU:850
|
$850.45 Million |
|
Shanghai GenTech Co Ltd
SHG:688596
|
$850.11 Million |
|
Yutong Optical
SHE:300790
|
$850.06 Million |
|
Chengzhi Shareholding Co Ltd
SHE:000990
|
$850.04 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shanghai Jinqiao Export Processing Zone Development Co Ltd A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 14,113,202,980 to 14,523,957,029, a change of 410,754,049 (2.9%).
- Net income of 1,001,950,138 contributed positively to equity growth.
- Dividend payments of 1,185,049,827 reduced retained earnings.
- Share repurchases of 149,984,430 reduced equity.
- Other comprehensive income increased equity by 2,033,712,228.
- Other factors decreased equity by 1,289,874,060.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥1.00 Billion | +6.9% |
| Dividends Paid | CN¥1.19 Billion | -8.16% |
| Share Repurchases | CN¥149.98 Million | -1.03% |
| Other Comprehensive Income | CN¥2.03 Billion | +14.0% |
| Other Changes | CN¥-1.29 Billion | -8.88% |
| Total Change | CN¥- | 2.91% |
Book Value vs Market Value Analysis
This analysis compares Shanghai Jinqiao Export Processing Zone Development Co Ltd A'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: 0.85x
- 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 12.41x to 0.85x 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¥0.89 | CN¥10.98 | x |
| 1994-12-31 | CN¥1.23 | CN¥10.98 | x |
| 1995-12-31 | CN¥1.13 | CN¥10.98 | x |
| 1996-12-31 | CN¥1.20 | CN¥10.98 | x |
| 1997-12-31 | CN¥1.92 | CN¥10.98 | x |
| 1998-12-31 | CN¥1.97 | CN¥10.98 | x |
| 1999-12-31 | CN¥1.74 | CN¥10.98 | x |
| 2000-12-31 | CN¥1.83 | CN¥10.98 | x |
| 2001-12-31 | CN¥1.76 | CN¥10.98 | x |
| 2002-12-31 | CN¥1.88 | CN¥10.98 | x |
| 2003-12-31 | CN¥2.08 | CN¥10.98 | x |
| 2004-12-31 | CN¥2.46 | CN¥10.98 | x |
| 2005-12-31 | CN¥2.62 | CN¥10.98 | x |
| 2006-12-31 | CN¥2.88 | CN¥10.98 | x |
| 2007-12-31 | CN¥3.17 | CN¥10.98 | x |
| 2008-12-31 | CN¥3.32 | CN¥10.98 | x |
| 2009-12-31 | CN¥3.61 | CN¥10.98 | x |
| 2010-12-31 | CN¥3.96 | CN¥10.98 | x |
| 2011-12-31 | CN¥4.35 | CN¥10.98 | x |
| 2012-12-31 | CN¥4.63 | CN¥10.98 | x |
| 2013-12-31 | CN¥4.97 | CN¥10.98 | x |
| 2014-12-31 | CN¥6.26 | CN¥10.98 | x |
| 2015-12-31 | CN¥9.08 | CN¥10.98 | x |
| 2016-12-31 | CN¥7.70 | CN¥10.98 | x |
| 2017-12-31 | CN¥7.96 | CN¥10.98 | x |
| 2018-12-31 | CN¥7.87 | CN¥10.98 | x |
| 2019-12-31 | CN¥8.84 | CN¥10.98 | x |
| 2020-12-31 | CN¥9.59 | CN¥10.98 | x |
| 2021-12-31 | CN¥10.99 | CN¥10.98 | x |
| 2022-12-31 | CN¥11.41 | CN¥10.98 | x |
| 2023-12-31 | CN¥12.57 | CN¥10.98 | x |
| 2024-12-31 | CN¥12.95 | CN¥10.98 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shanghai Jinqiao Export Processing Zone Development Co Ltd A 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): 6.90%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 36.77%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 3.35x
- Recent ROE (6.90%) is below the historical average (9.99%), 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 | 35.32% | 38.20% | 0.27x | 3.46x | CN¥208.21 Million |
| 1994 | 34.16% | 39.00% | 0.23x | 3.73x | CN¥275.51 Million |
| 1995 | 10.10% | 20.62% | 0.10x | 4.89x | CN¥1.06 Million |
| 1996 | 10.14% | 19.13% | 0.11x | 4.75x | CN¥1.62 Million |
| 1997 | 3.87% | 11.15% | 0.23x | 1.50x | CN¥-109.49 Million |
| 1998 | 1.83% | 11.05% | 0.10x | 1.65x | CN¥-149.42 Million |
| 1999 | 2.93% | 7.55% | 0.22x | 1.80x | CN¥-114.59 Million |
| 2000 | 4.14% | 12.33% | 0.21x | 1.62x | CN¥-99.34 Million |
| 2001 | 5.95% | 24.52% | 0.13x | 1.85x | CN¥-66.45 Million |
| 2002 | 6.18% | 15.91% | 0.21x | 1.85x | CN¥-66.77 Million |
| 2003 | 6.66% | 21.13% | 0.20x | 1.61x | CN¥-64.60 Million |
| 2004 | 7.71% | 28.52% | 0.13x | 2.04x | CN¥-52.27 Million |
| 2005 | 7.78% | 23.10% | 0.17x | 1.99x | CN¥-54.07 Million |
| 2006 | 7.95% | 21.46% | 0.20x | 1.85x | CN¥-54.80 Million |
| 2007 | 7.04% | 25.80% | 0.14x | 1.89x | CN¥-87.05 Million |
| 2008 | 9.02% | 24.63% | 0.19x | 1.94x | CN¥-30.18 Million |
| 2009 | 10.74% | 42.89% | 0.11x | 2.21x | CN¥24.89 Million |
| 2010 | 14.39% | 37.58% | 0.17x | 2.29x | CN¥161.69 Million |
| 2011 | 11.21% | 21.69% | 0.24x | 2.18x | CN¥49.01 Million |
| 2012 | 7.77% | 29.75% | 0.12x | 2.18x | CN¥-95.98 Million |
| 2013 | 9.25% | 29.91% | 0.14x | 2.23x | CN¥-34.40 Million |
| 2014 | 7.39% | 22.45% | 0.15x | 2.14x | CN¥-151.38 Million |
| 2015 | 5.18% | 31.44% | 0.08x | 1.95x | CN¥-438.32 Million |
| 2016 | 7.13% | 41.98% | 0.08x | 2.10x | CN¥-247.87 Million |
| 2017 | 8.25% | 44.06% | 0.08x | 2.29x | CN¥-156.47 Million |
| 2018 | 11.06% | 35.38% | 0.14x | 2.30x | CN¥93.31 Million |
| 2019 | 10.93% | 32.36% | 0.14x | 2.48x | CN¥92.38 Million |
| 2020 | 10.30% | 30.83% | 0.12x | 2.79x | CN¥31.76 Million |
| 2021 | 13.15% | 35.15% | 0.14x | 2.70x | CN¥389.08 Million |
| 2022 | 12.36% | 31.34% | 0.15x | 2.70x | CN¥302.40 Million |
| 2023 | 12.89% | 27.62% | 0.17x | 2.82x | CN¥407.47 Million |
| 2024 | 6.90% | 36.77% | 0.06x | 3.35x | CN¥-450.45 Million |
Industry Comparison
This section compares Shanghai Jinqiao Export Processing Zone Development Co Ltd A'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 Jinqiao Export Processing Zone Development Co Ltd A (600639) | CN¥18.72 Billion | 35.32% | 1.68x | $850.48 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 |