Shanghai Xin Nanyang Co Ltd

SHG:600661 China Education & Training Services
Market Cap
$395.23 Million
CN¥2.90 Billion CNY
Market Cap Rank
#15143 Global
#4029 in China
Share Price
CN¥10.12
Change (1 day)
-1.36%
52-Week Range
CN¥9.10 - CN¥12.24
All Time High
CN¥46.86
About

Shanghai Xinnanyang Only Education & Technology Co.,Ltd operates in the education and training sector in the People's Republic of China. The company offers quality education, vocational education, adult education, and international and basic education services. It provides K12 literacy education services, as well as summer camps and science, and innovation courses. The company was founded in 1992… Read more

Shanghai Xin Nanyang Co Ltd (600661) - Net Assets

Latest net assets as of September 2025: CN¥216.32 Million CNY

Based on the latest financial reports, Shanghai Xin Nanyang Co Ltd (600661) has net assets worth CN¥216.32 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¥1.55 Billion) and total liabilities (CN¥1.33 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¥216.32 Million
% of Total Assets 13.95%
Annual Growth Rate -2.16%
5-Year Change -80.27%
10-Year Change -85.78%
Growth Volatility 40.98

Shanghai Xin Nanyang Co Ltd - Net Assets Trend (1993–2024)

This chart illustrates how Shanghai Xin Nanyang 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 Xin Nanyang Co Ltd (1993–2024)

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

Year Net Assets Change
2024-12-31 CN¥128.85 Million -38.02%
2023-12-31 CN¥207.89 Million -51.02%
2022-12-31 CN¥424.42 Million +98.02%
2021-12-31 CN¥214.33 Million -67.18%
2020-12-31 CN¥653.11 Million -34.71%
2019-12-31 CN¥1.00 Billion -23.18%
2018-12-31 CN¥1.30 Billion -19.33%
2017-12-31 CN¥1.61 Billion +60.54%
2016-12-31 CN¥1.01 Billion +10.97%
2015-12-31 CN¥906.11 Million -2.69%
2014-12-31 CN¥931.16 Million +116.27%
2013-12-31 CN¥430.55 Million -7.35%
2012-12-31 CN¥464.72 Million -9.02%
2011-12-31 CN¥510.81 Million +10.18%
2010-12-31 CN¥463.61 Million +8.62%
2009-12-31 CN¥426.80 Million -0.38%
2008-12-31 CN¥428.43 Million -16.93%
2007-12-31 CN¥515.75 Million -0.65%
2006-12-31 CN¥519.12 Million +4.43%
2005-12-31 CN¥497.08 Million -0.78%
2004-12-31 CN¥500.98 Million +4.18%
2003-12-31 CN¥480.89 Million +41.63%
2002-12-31 CN¥339.54 Million -2.29%
2001-12-31 CN¥347.50 Million +7.48%
2000-12-31 CN¥323.32 Million +11.58%
1999-12-31 CN¥289.75 Million +9.24%
1998-12-31 CN¥265.24 Million +3.66%
1997-12-31 CN¥255.87 Million +4.41%
1996-12-31 CN¥245.06 Million -9.40%
1995-12-31 CN¥270.50 Million --
1994-12-31 CN¥0.00 --
1993-12-31 CN¥253.90 Million --

Equity Component Analysis

This analysis shows how different components contribute to Shanghai Xin Nanyang 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 2481.2% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥286.55 Million 639.64%
Other Comprehensive Income CN¥-14.06 Million -31.38%
Other Components CN¥225.88 Million 504.22%
Total Equity CN¥44.80 Million 100.00%

Shanghai Xin Nanyang Co Ltd Competitors by Market Cap

The table below lists competitors of Shanghai Xin Nanyang Co Ltd ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 128,577,956 to 44,798,462, a change of -83,779,494 (-65.2%).
  • Net loss of 48,584,665 reduced equity.
  • Share repurchases of 80,813,934 reduced equity.
  • Other comprehensive income increased equity by 63,516,598.
  • Other factors decreased equity by 17,897,493.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-48.58 Million -108.45%
Share Repurchases CN¥80.81 Million -180.39%
Other Comprehensive Income CN¥63.52 Million +141.78%
Other Changes CN¥-17.90 Million -39.95%
Total Change CN¥- -65.16%

Book Value vs Market Value Analysis

This analysis compares Shanghai Xin Nanyang 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: 60.97x
  • 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 increased from 6.95x to 60.97x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1993-12-31 CN¥1.46 CN¥10.12 x
1994-12-31 CN¥1.54 CN¥10.12 x
1995-12-31 CN¥1.55 CN¥10.12 x
1996-12-31 CN¥1.40 CN¥10.12 x
1997-12-31 CN¥1.46 CN¥10.12 x
1998-12-31 CN¥1.50 CN¥10.12 x
1999-12-31 CN¥1.59 CN¥10.12 x
2000-12-31 CN¥1.64 CN¥10.12 x
2001-12-31 CN¥1.69 CN¥10.12 x
2002-12-31 CN¥1.74 CN¥10.12 x
2003-12-31 CN¥2.03 CN¥10.12 x
2004-12-31 CN¥2.11 CN¥10.12 x
2005-12-31 CN¥2.16 CN¥10.12 x
2006-12-31 CN¥2.22 CN¥10.12 x
2007-12-31 CN¥2.18 CN¥10.12 x
2008-12-31 CN¥1.88 CN¥10.12 x
2009-12-31 CN¥2.13 CN¥10.12 x
2010-12-31 CN¥2.10 CN¥10.12 x
2011-12-31 CN¥2.35 CN¥10.12 x
2012-12-31 CN¥2.14 CN¥10.12 x
2013-12-31 CN¥1.37 CN¥10.12 x
2014-12-31 CN¥3.30 CN¥10.12 x
2015-12-31 CN¥3.20 CN¥10.12 x
2016-12-31 CN¥3.62 CN¥10.12 x
2017-12-31 CN¥5.71 CN¥10.12 x
2018-12-31 CN¥4.43 CN¥10.12 x
2019-12-31 CN¥3.35 CN¥10.12 x
2020-12-31 CN¥1.90 CN¥10.12 x
2021-12-31 CN¥0.65 CN¥10.12 x
2022-12-31 CN¥1.29 CN¥10.12 x
2023-12-31 CN¥0.47 CN¥10.12 x
2024-12-31 CN¥0.17 CN¥10.12 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shanghai Xin Nanyang 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): -108.45%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -3.95%
  • • Asset Turnover: 0.73x
  • • Equity Multiplier: 37.81x
  • Recent ROE (-108.45%) is below the historical average (-8.97%), 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 6.86% 9.44% 0.49x 1.48x CN¥-7.94 Million
1994 8.24% 13.55% 0.45x 1.35x CN¥-4.71 Million
1995 5.61% 7.53% 0.46x 1.61x CN¥-11.80 Million
1996 -10.46% -38.80% 0.15x 1.83x CN¥-49.81 Million
1997 4.17% 5.57% 0.45x 1.66x CN¥-14.79 Million
1998 3.17% 6.31% 0.32x 1.59x CN¥-17.78 Million
1999 9.05% 17.66% 0.31x 1.65x CN¥-2.61 Million
2000 10.60% 7.26% 0.81x 1.81x CN¥1.72 Million
2001 10.68% 8.92% 0.53x 2.26x CN¥1.99 Million
2002 6.31% 5.42% 0.68x 1.71x CN¥-11.15 Million
2003 6.04% 4.05% 0.55x 2.73x CN¥-13.93 Million
2004 4.10% 2.78% 0.53x 2.80x CN¥-21.65 Million
2005 4.47% 2.62% 0.62x 2.73x CN¥-20.77 Million
2006 4.79% 3.34% 0.54x 2.66x CN¥-20.11 Million
2007 4.92% 3.22% 0.53x 2.89x CN¥-19.25 Million
2008 -10.10% -5.44% 0.61x 3.07x CN¥-64.90 Million
2009 0.94% 0.82% 0.39x 2.95x CN¥-29.66 Million
2010 1.78% 1.16% 0.56x 2.75x CN¥-29.96 Million
2011 0.86% 0.67% 0.52x 2.49x CN¥-37.38 Million
2012 -13.43% -9.98% 0.49x 2.72x CN¥-86.90 Million
2013 4.26% 2.65% 0.57x 2.81x CN¥-20.12 Million
2014 7.59% 5.41% 0.68x 2.07x CN¥-20.03 Million
2015 7.18% 5.16% 0.63x 2.22x CN¥-23.60 Million
2016 19.52% 13.16% 0.62x 2.40x CN¥89.18 Million
2017 7.89% 7.14% 0.55x 2.02x CN¥-32.97 Million
2018 -21.00% -12.73% 0.66x 2.49x CN¥-393.83 Million
2019 0.89% 0.34% 0.88x 2.96x CN¥-83.39 Million
2020 -48.50% -13.74% 0.72x 4.88x CN¥-299.70 Million
2021 -118.63% -12.80% 1.07x 8.66x CN¥-220.33 Million
2022 49.86% 22.08% 0.62x 3.65x CN¥134.23 Million
2023 -146.11% -19.45% 0.66x 11.31x CN¥-200.72 Million
2024 -108.45% -3.95% 0.73x 37.81x CN¥-53.06 Million

Industry Comparison

This section compares Shanghai Xin Nanyang Co Ltd's net assets metrics with peer companies in the Education & Training Services industry.

Industry Context

  • Industry: Education & Training Services
  • Average net assets among peers: $562,838,792
  • Average return on equity (ROE) among peers: 12.83%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shanghai Xin Nanyang Co Ltd (600661) CN¥216.32 Million 6.86% 6.17x $196.28 Million
Xiamen Insight Investment Co Ltd (000526) $144.51 Million 3.45% 0.42x $408.37 Million
Offcn Education Technology Co Ltd (002607) $208.39 Million 19.18% 2.52x $2.32 Billion
Qtone Education Group Guangdong Ltd (300359) $184.77 Million 23.65% 0.09x $272.91 Million
COL Digital Publishing Group Co Ltd (300364) $301.91 Million 15.29% 0.43x $2.20 Billion
Shandong Astro-century Education&Technology Co Ltd (300654) $215.99 Million 15.71% 1.01x $259.11 Million
Nanjing University Environmental (300864) $1.35 Billion 12.35% 0.48x $128.47 Million
China Hi-Tech Group Co Ltd (600730) $152.21 Million 10.73% 1.31x $582.60 Million
Eastern Pioneer Auto Driving S (603377) $2.37 Billion -2.39% 1.14x $248.54 Million
Shanghai Action Education Technology CO.LTD. (605098) $134.62 Million 17.48% 1.58x $330.20 Million