Liaoning Shenhua Holdings Co Ltd
Liaoning Shenhua Holdings Co.,Ltd engages in the automobile sales and services business in China. It operates through the Automobile, New Energy, Real Estate, and Others segments. The company operates as a BMW brand car dealer; provides after-sales services through the operation of an automobile culture industrial park; operates photovoltaic power plants; engages in property leasing of financial … Read more
Liaoning Shenhua Holdings Co Ltd (600653) - Net Assets
Latest net assets as of September 2025: CN¥844.29 Million CNY
Based on the latest financial reports, Liaoning Shenhua Holdings Co Ltd (600653) has net assets worth CN¥844.29 Million 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¥2.88 Billion) and total liabilities (CN¥2.03 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¥844.29 Million |
| % of Total Assets | 29.33% |
| Annual Growth Rate | 21.03% |
| 5-Year Change | -42.92% |
| 10-Year Change | -55.68% |
| Growth Volatility | 141.15 |
Liaoning Shenhua Holdings Co Ltd - Net Assets Trend (1990–2024)
This chart illustrates how Liaoning Shenhua Holdings 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 Liaoning Shenhua Holdings Co Ltd (1990–2024)
The table below shows the annual net assets of Liaoning Shenhua Holdings Co Ltd from 1990 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥958.07 Million | +0.91% |
| 2023-12-31 | CN¥949.42 Million | -23.55% |
| 2022-12-31 | CN¥1.24 Billion | -14.26% |
| 2021-12-31 | CN¥1.45 Billion | -13.71% |
| 2020-12-31 | CN¥1.68 Billion | -30.54% |
| 2019-12-31 | CN¥2.42 Billion | -8.33% |
| 2018-12-31 | CN¥2.64 Billion | +9.97% |
| 2017-12-31 | CN¥2.40 Billion | -12.50% |
| 2016-12-31 | CN¥2.74 Billion | +26.72% |
| 2015-12-31 | CN¥2.16 Billion | -5.78% |
| 2014-12-31 | CN¥2.29 Billion | -5.08% |
| 2013-12-31 | CN¥2.42 Billion | +6.99% |
| 2012-12-31 | CN¥2.26 Billion | +2.72% |
| 2011-12-31 | CN¥2.20 Billion | +6.73% |
| 2010-12-31 | CN¥2.06 Billion | -6.14% |
| 2009-12-31 | CN¥2.20 Billion | +15.00% |
| 2008-12-31 | CN¥1.91 Billion | -8.31% |
| 2007-12-31 | CN¥2.08 Billion | +47.48% |
| 2006-12-31 | CN¥1.41 Billion | -1.20% |
| 2005-12-31 | CN¥1.43 Billion | -22.18% |
| 2004-12-31 | CN¥1.84 Billion | -5.51% |
| 2003-12-31 | CN¥1.94 Billion | +4.46% |
| 2002-12-31 | CN¥1.86 Billion | -17.99% |
| 2001-12-31 | CN¥2.27 Billion | +75.46% |
| 2000-12-31 | CN¥1.29 Billion | +58.33% |
| 1999-12-31 | CN¥816.64 Million | +29.97% |
| 1998-12-31 | CN¥628.34 Million | +11.18% |
| 1997-12-31 | CN¥565.14 Million | +16.17% |
| 1996-12-31 | CN¥486.48 Million | +58.63% |
| 1995-12-31 | CN¥306.67 Million | -- |
| 1994-12-31 | CN¥0.00 | -- |
| 1993-12-31 | CN¥160.79 Million | +170.29% |
| 1992-12-31 | CN¥59.49 Million | +413.72% |
| 1991-12-31 | CN¥11.58 Million | +695.88% |
| 1990-12-31 | CN¥1.46 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Liaoning Shenhua Holdings 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 decreased by 321032.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥1.95 Billion | 237.11% |
| Other Comprehensive Income | CN¥5.11 Million | 0.62% |
| Other Components | CN¥329.64 Million | 40.16% |
| Total Equity | CN¥820.89 Million | 100.00% |
Liaoning Shenhua Holdings Co Ltd Competitors by Market Cap
The table below lists competitors of Liaoning Shenhua Holdings Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Great-Sun Foods Co Ltd
SHG:603336
|
$428.52 Million |
|
Shaanxi Provincial Natural Gas Co Ltd
SHE:002267
|
$428.58 Million |
|
EIS Eczacibasi Ilac Sinai ve Finansal Yatirimlar Sanayi ve Ticaret AS
IS:ECILC
|
$428.67 Million |
|
Beijing Dinghan Tech Co
SHE:300011
|
$428.69 Million |
|
Guangzhou Amsky Technology Co Ltd
SHE:300521
|
$428.43 Million |
|
Alpha Tau Medical Ltd
NASDAQ:DRTS
|
$428.43 Million |
|
VISHAY PREC GRP
MU:SV5
|
$428.31 Million |
|
Da-Cin Construction Co Ltd
TW:2535
|
$428.26 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Liaoning Shenhua Holdings Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 783,695,000 to 820,890,000, a change of 37,195,000 (4.7%).
- Net income of 38,599,000 contributed positively to equity growth.
- Dividend payments of 71,258,000 reduced retained earnings.
- Other comprehensive income decreased equity by 1,315,244.
- Other factors increased equity by 71,169,244.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥38.60 Million | +4.7% |
| Dividends Paid | CN¥71.26 Million | -8.68% |
| Other Comprehensive Income | CN¥-1.32 Million | -0.16% |
| Other Changes | CN¥71.17 Million | +8.67% |
| Total Change | CN¥- | 4.75% |
Book Value vs Market Value Analysis
This analysis compares Liaoning Shenhua Holdings 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: 4.55x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 2568.42x to 4.55x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1990-12-31 | CN¥0.00 | CN¥1.92 | x |
| 1991-12-31 | CN¥0.01 | CN¥1.92 | x |
| 1992-12-31 | CN¥0.03 | CN¥1.92 | x |
| 1993-12-31 | CN¥0.08 | CN¥1.92 | x |
| 1994-12-31 | CN¥0.15 | CN¥1.92 | x |
| 1995-12-31 | CN¥0.15 | CN¥1.92 | x |
| 1996-12-31 | CN¥0.28 | CN¥1.92 | x |
| 1997-12-31 | CN¥0.32 | CN¥1.92 | x |
| 1998-12-31 | CN¥0.36 | CN¥1.92 | x |
| 1999-12-31 | CN¥0.47 | CN¥1.92 | x |
| 2000-12-31 | CN¥0.49 | CN¥1.92 | x |
| 2001-12-31 | CN¥1.16 | CN¥1.92 | x |
| 2002-12-31 | CN¥0.92 | CN¥1.92 | x |
| 2003-12-31 | CN¥0.98 | CN¥1.92 | x |
| 2004-12-31 | CN¥0.98 | CN¥1.92 | x |
| 2005-12-31 | CN¥0.76 | CN¥1.92 | x |
| 2006-12-31 | CN¥0.84 | CN¥1.92 | x |
| 2007-12-31 | CN¥1.12 | CN¥1.92 | x |
| 2008-12-31 | CN¥0.89 | CN¥1.92 | x |
| 2009-12-31 | CN¥1.13 | CN¥1.92 | x |
| 2010-12-31 | CN¥0.95 | CN¥1.92 | x |
| 2011-12-31 | CN¥0.98 | CN¥1.92 | x |
| 2012-12-31 | CN¥1.08 | CN¥1.92 | x |
| 2013-12-31 | CN¥1.16 | CN¥1.92 | x |
| 2014-12-31 | CN¥1.07 | CN¥1.92 | x |
| 2015-12-31 | CN¥1.04 | CN¥1.92 | x |
| 2016-12-31 | CN¥1.26 | CN¥1.92 | x |
| 2017-12-31 | CN¥0.93 | CN¥1.92 | x |
| 2018-12-31 | CN¥1.10 | CN¥1.92 | x |
| 2019-12-31 | CN¥0.97 | CN¥1.92 | x |
| 2020-12-31 | CN¥0.56 | CN¥1.92 | x |
| 2021-12-31 | CN¥0.60 | CN¥1.92 | x |
| 2022-12-31 | CN¥0.51 | CN¥1.92 | x |
| 2023-12-31 | CN¥0.40 | CN¥1.92 | x |
| 2024-12-31 | CN¥0.42 | CN¥1.92 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Liaoning Shenhua Holdings 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): 4.70%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.92%
- • Asset Turnover: 1.27x
- • Equity Multiplier: 4.03x
- Recent ROE (4.70%) is above the historical average (0.82%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1990 | 24.56% | 0.71% | 13.41x | 2.60x | CN¥211.90K |
| 1991 | 15.24% | 3.25% | 2.85x | 1.65x | CN¥606.53K |
| 1992 | 12.62% | 23.41% | 0.26x | 2.11x | CN¥1.56 Million |
| 1993 | 10.04% | 13.31% | 0.51x | 1.47x | CN¥71.72K |
| 1994 | 10.98% | 26.81% | 0.30x | 1.38x | CN¥2.90 Million |
| 1995 | 10.99% | 22.74% | 0.20x | 2.46x | CN¥2.99 Million |
| 1996 | 10.35% | 24.59% | 0.19x | 2.20x | CN¥1.69 Million |
| 1997 | 14.26% | 37.33% | 0.20x | 1.89x | CN¥23.89 Million |
| 1998 | 10.13% | 60.17% | 0.10x | 1.76x | CN¥794.30K |
| 1999 | 23.17% | 7.72% | 1.53x | 1.96x | CN¥106.75 Million |
| 2000 | 25.04% | 3.91% | 1.56x | 4.10x | CN¥129.61 Million |
| 2001 | 6.72% | 3.52% | 0.80x | 2.40x | CN¥-66.23 Million |
| 2002 | -25.62% | -13.67% | 0.68x | 2.75x | CN¥-572.42 Million |
| 2003 | 6.11% | 3.17% | 0.69x | 2.78x | CN¥-66.23 Million |
| 2004 | 0.27% | 0.16% | 0.73x | 2.31x | CN¥-165.44 Million |
| 2005 | -28.34% | -16.24% | 0.64x | 2.75x | CN¥-507.04 Million |
| 2006 | 1.09% | 0.67% | 0.80x | 2.02x | CN¥-135.47 Million |
| 2007 | 5.78% | 3.03% | 0.95x | 2.00x | CN¥-83.41 Million |
| 2008 | 1.91% | 1.04% | 0.76x | 2.43x | CN¥-128.51 Million |
| 2009 | 5.41% | 3.86% | 0.53x | 2.65x | CN¥-90.29 Million |
| 2010 | 3.67% | 0.87% | 1.02x | 4.17x | CN¥-105.40 Million |
| 2011 | 5.32% | 0.86% | 1.59x | 3.89x | CN¥-79.32 Million |
| 2012 | 7.84% | 1.12% | 2.21x | 3.15x | CN¥-40.87 Million |
| 2013 | 8.52% | 1.88% | 1.14x | 3.97x | CN¥-30.11 Million |
| 2014 | -10.62% | -3.16% | 0.78x | 4.29x | CN¥-386.35 Million |
| 2015 | 2.93% | 0.74% | 0.83x | 4.78x | CN¥-128.12 Million |
| 2016 | 2.79% | 0.76% | 0.91x | 4.05x | CN¥-171.91 Million |
| 2017 | -31.53% | -9.84% | 0.58x | 5.49x | CN¥-751.82 Million |
| 2018 | 15.88% | 4.77% | 0.86x | 3.89x | CN¥126.31 Million |
| 2019 | -13.45% | -3.43% | 1.00x | 3.92x | CN¥-440.69 Million |
| 2020 | -68.73% | -10.95% | 1.32x | 4.75x | CN¥-865.52 Million |
| 2021 | 3.52% | 0.58% | 1.69x | 3.57x | CN¥-76.20 Million |
| 2022 | -17.33% | -2.90% | 1.57x | 3.80x | CN¥-272.35 Million |
| 2023 | -25.36% | -3.87% | 1.55x | 4.23x | CN¥-277.14 Million |
| 2024 | 4.70% | 0.92% | 1.27x | 4.03x | CN¥-43.49 Million |
Industry Comparison
This section compares Liaoning Shenhua Holdings Co Ltd's net assets metrics with peer companies in the Auto & Truck Dealerships industry.
Industry Context
- Industry: Auto & Truck Dealerships
- Average net assets among peers: $1,467,653,722
- Average return on equity (ROE) among peers: 5.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Liaoning Shenhua Holdings Co Ltd (600653) | CN¥844.29 Million | 24.56% | 2.41x | $428.45 Million |
| Fujian Zhangzhou Development Co Ltd (000753) | $2.87 Billion | 2.67% | 2.12x | $504.34 Million |
| CATARC Automotive Proving Ground Co.Ltd. (301215) | $1.24 Billion | 11.58% | 0.40x | $249.14 Million |
| Sinomach Automobile Co Ltd (600335) | $301.29 Million | 1.42% | 1.67x | $403.62 Million |