Shanghai AJ Group Co Ltd

SHG:600643 China Asset Management
Market Cap
$1.00 Billion
CN¥7.34 Billion CNY
Market Cap Rank
#10280 Global
#2247 in China
Share Price
CN¥4.61
Change (1 day)
-1.71%
52-Week Range
CN¥4.43 - CN¥8.16
All Time High
CN¥14.32
Categories
Companies in China Asset Management Banking & Financial
About

Shanghai Aj Group Co.,Ltd provides wealth and asset management services primarily for the financial industry in China. It offers investment management, business and technical consulting, technical, property, engineering management, and enterprise management consulting. The company also provides industrial investment; domestic and international freight forwarding; domestic trade agency; parking an… Read more

Shanghai AJ Group Co Ltd (600643) - Net Assets

Latest net assets as of September 2025: CN¥11.96 Billion CNY

Based on the latest financial reports, Shanghai AJ Group Co Ltd (600643) has net assets worth CN¥11.96 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¥23.95 Billion) and total liabilities (CN¥11.99 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¥11.96 Billion
% of Total Assets 49.95%
Annual Growth Rate 10.46%
5-Year Change 0.46%
10-Year Change 104.61%
Growth Volatility 42.6

Shanghai AJ Group Co Ltd - Net Assets Trend (1993–2024)

This chart illustrates how Shanghai AJ Group 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 AJ Group Co Ltd (1993–2024)

The table below shows the annual net assets of Shanghai AJ Group Co Ltd from 1993 to 2024.

Year Net Assets Change
2024-12-31 CN¥11.78 Billion -5.12%
2023-12-31 CN¥12.41 Billion -0.44%
2022-12-31 CN¥12.47 Billion +0.64%
2021-12-31 CN¥12.39 Billion +5.67%
2020-12-31 CN¥11.72 Billion +8.71%
2019-12-31 CN¥10.78 Billion +11.30%
2018-12-31 CN¥9.69 Billion +36.39%
2017-12-31 CN¥7.10 Billion +11.13%
2016-12-31 CN¥6.39 Billion +11.05%
2015-12-31 CN¥5.76 Billion +11.49%
2014-12-31 CN¥5.16 Billion +9.39%
2013-12-31 CN¥4.72 Billion +11.32%
2012-12-31 CN¥4.24 Billion +211.11%
2011-12-31 CN¥1.36 Billion +9.40%
2010-12-31 CN¥1.25 Billion +7.21%
2009-12-31 CN¥1.16 Billion +10.60%
2008-12-31 CN¥1.05 Billion -10.72%
2007-12-31 CN¥1.18 Billion +40.69%
2006-12-31 CN¥836.43 Million +63.23%
2005-12-31 CN¥512.43 Million -66.93%
2004-12-31 CN¥1.55 Billion -0.74%
2003-12-31 CN¥1.56 Billion -15.91%
2002-12-31 CN¥1.86 Billion +0.69%
2001-12-31 CN¥1.84 Billion -11.22%
2000-12-31 CN¥2.08 Billion +4.42%
1999-12-31 CN¥1.99 Billion 0.00%
1998-12-31 CN¥1.99 Billion +51.15%
1997-12-31 CN¥1.32 Billion +60.78%
1996-12-31 CN¥818.27 Million +18.71%
1995-12-31 CN¥689.31 Million +14.89%
1994-12-31 CN¥599.96 Million +11.36%
1993-12-31 CN¥538.75 Million --

Equity Component Analysis

This analysis shows how different components contribute to Shanghai AJ Group 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 6185.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥4.87 Billion 41.37%
Common Stock CN¥1.59 Billion 13.53%
Other Components CN¥5.31 Billion 45.10%
Total Equity CN¥11.77 Billion 100.00%

Shanghai AJ Group Co Ltd Competitors by Market Cap

The table below lists competitors of Shanghai AJ Group Co Ltd ranked by their market capitalization.

Company Market Cap
Akr Corporindo Tbk
JK:AKRA
 		$499.53 Million
Malakoff Corporation Bhd
KLSE:5264
 		$499.60 Million
MKOEF
PINK:MKOEF
 		$499.60 Million
Shanghai Zhongzhou Special Alloy Materials Co. Ltd.
SHE:300963
 		$499.65 Million
Aktia Bank Abp
HE:AKTIA
 		$499.45 Million
Shanghai CEO Environmental Protection Technology Co Ltd
SHG:688335
 		$499.44 Million
Allianz Malaysia Bhd
KLSE:1163PA
 		$499.43 Million
Integra Resources Corp
NYSE MKT:ITRG
 		$499.32 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Shanghai AJ Group Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 12,413,084,986 to 11,774,384,238, a change of -638,700,748 (-5.1%).
  • Net loss of 531,005,490 reduced equity.
  • Dividend payments of 420,278,540 reduced retained earnings.
  • Other factors increased equity by 312,583,282.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-531.01 Million -4.51%
Dividends Paid CN¥420.28 Million -3.57%
Other Changes CN¥312.58 Million +2.65%
Total Change CN¥- -5.15%

Book Value vs Market Value Analysis

This analysis compares Shanghai AJ Group 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: 0.63x
  • 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 13.88x to 0.63x 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¥0.33 CN¥4.61 x
1994-12-31 CN¥0.36 CN¥4.61 x
1995-12-31 CN¥0.42 CN¥4.61 x
1996-12-31 CN¥0.50 CN¥4.61 x
1997-12-31 CN¥1.11 CN¥4.61 x
1998-12-31 CN¥1.68 CN¥4.61 x
1999-12-31 CN¥1.68 CN¥4.61 x
2000-12-31 CN¥1.74 CN¥4.61 x
2001-12-31 CN¥1.53 CN¥4.61 x
2002-12-31 CN¥1.54 CN¥4.61 x
2003-12-31 CN¥1.30 CN¥4.61 x
2004-12-31 CN¥1.31 CN¥4.61 x
2005-12-31 CN¥0.43 CN¥4.61 x
2006-12-31 CN¥0.70 CN¥4.61 x
2007-12-31 CN¥1.95 CN¥4.61 x
2008-12-31 CN¥0.99 CN¥4.61 x
2009-12-31 CN¥1.09 CN¥4.61 x
2010-12-31 CN¥1.17 CN¥4.61 x
2011-12-31 CN¥1.28 CN¥4.61 x
2012-12-31 CN¥3.31 CN¥4.61 x
2013-12-31 CN¥3.28 CN¥4.61 x
2014-12-31 CN¥3.59 CN¥4.61 x
2015-12-31 CN¥4.00 CN¥4.61 x
2016-12-31 CN¥4.42 CN¥4.61 x
2017-12-31 CN¥4.94 CN¥4.61 x
2018-12-31 CN¥6.00 CN¥4.61 x
2019-12-31 CN¥6.65 CN¥4.61 x
2020-12-31 CN¥7.22 CN¥4.61 x
2021-12-31 CN¥7.67 CN¥4.61 x
2022-12-31 CN¥7.73 CN¥4.61 x
2023-12-31 CN¥7.49 CN¥4.61 x
2024-12-31 CN¥7.32 CN¥4.61 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shanghai AJ Group 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): -4.51%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -26.87%
  • • Asset Turnover: 0.08x
  • • Equity Multiplier: 2.03x
  • Recent ROE (-4.51%) is below the historical average (1.95%), 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 14.02% 151.33% 0.08x 1.13x CN¥21.68 Million
1994 22.67% 24.99% 0.49x 1.87x CN¥74.86 Million
1995 23.62% 17.53% 0.72x 1.87x CN¥92.46 Million
1996 20.04% 25.74% 0.54x 1.45x CN¥81.16 Million
1997 13.97% 23.77% 0.45x 1.30x CN¥51.93 Million
1998 5.96% 14.88% 0.34x 1.19x CN¥-79.92 Million
1999 6.30% 19.00% 0.28x 1.19x CN¥-73.29 Million
2000 6.53% 23.62% 0.22x 1.28x CN¥-70.99 Million
2001 5.81% 13.02% 0.27x 1.68x CN¥-75.52 Million
2002 0.62% 0.99% 0.36x 1.74x CN¥-170.03 Million
2003 -18.52% -39.38% 0.21x 2.24x CN¥-435.93 Million
2004 0.66% 0.75% 0.46x 1.92x CN¥-143.63 Million
2005 -202.08% -103.27% 0.31x 6.33x CN¥-1.07 Billion
2006 3.31% 3.23% 0.29x 3.48x CN¥-55.37 Million
2007 31.28% 54.42% 0.25x 2.32x CN¥248.39 Million
2008 1.56% 1.46% 0.52x 2.06x CN¥-88.08 Million
2009 5.52% 12.43% 0.25x 1.80x CN¥-51.80 Million
2010 8.45% 21.47% 0.27x 1.48x CN¥-19.29 Million
2011 8.79% 25.92% 0.24x 1.41x CN¥-16.39 Million
2012 7.58% 49.16% 0.15x 1.05x CN¥-102.28 Million
2013 10.10% 58.79% 0.14x 1.27x CN¥4.52 Million
2014 9.95% 46.20% 0.14x 1.58x CN¥-2.81 Million
2015 9.65% 41.89% 0.12x 1.87x CN¥-19.93 Million
2016 9.72% 38.67% 0.10x 2.45x CN¥-17.77 Million
2017 11.74% 35.55% 0.14x 2.37x CN¥123.23 Million
2018 12.00% 43.64% 0.10x 2.71x CN¥192.64 Million
2019 12.24% 34.68% 0.14x 2.48x CN¥240.98 Million
2020 11.54% 30.89% 0.16x 2.32x CN¥180.22 Million
2021 9.31% 26.65% 0.16x 2.18x CN¥-85.99 Million
2022 3.87% 16.04% 0.11x 2.13x CN¥-763.61 Million
2023 0.80% 4.12% 0.10x 1.98x CN¥-1.14 Billion
2024 -4.51% -26.87% 0.08x 2.03x CN¥-1.71 Billion

Industry Comparison

This section compares Shanghai AJ Group Co Ltd's net assets metrics with peer companies in the Asset Management industry.

Industry Context

  • Industry: Asset Management
  • Average net assets among peers: $4,327,722,758
  • Average return on equity (ROE) among peers: 7.24%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shanghai AJ Group Co Ltd (600643) CN¥11.96 Billion 14.02% 1.00x $499.52 Million
Zhuhai Huajin Capital Co Ltd (000532) $668.28 Million 7.19% 0.33x $345.30 Million
Shaanxi International Trust Co Ltd (000563) $11.80 Billion 5.81% 0.40x $1.38 Billion
Sichuan Shuangma Cement Co Ltd (000935) $7.55 Billion 4.10% 0.19x $1.32 Billion
Kunwu Jiuding Investment Holdings Co Ltd (600053) $2.78 Billion 2.23% 0.19x $258.87 Million
Sinolink Securities Co Ltd (600109) $199.28 Million 6.33% 0.72x $3.03 Billion
Anhui Xinli Finance Co Ltd (600318) $2.10 Billion 1.36% 0.96x $434.82 Million
Shanghai Guijiu Co Ltd (600696) $864.83 Million 10.07% 1.64x $26.88 Million
Anxin Trust Co Ltd (600816) $188.32 Million 4.08% 1.68x $1.81 Billion
Caitong Securities Co Ltd (601108) $12.80 Billion 24.02% 4.01x $3.22 Billion