Shanghai Xin Nanyang Co Ltd (600661) - Net Assets

Latest as of September 2025: CN¥216.32 Million CNY ≈ $31.65 Million USD

Based on the latest financial reports, Shanghai Xin Nanyang Co Ltd (600661) has net assets worth CN¥216.32 Million CNY (≈ $31.65 Million USD) 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 ≈ $226.94 Million USD) and total liabilities (CN¥1.33 Billion ≈ $195.29 Million 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. Check how resilient are Shanghai Xin Nanyang Co Ltd's assets to evaluate the company's liquid asset resilience ratio.

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. Also explore Shanghai Xin Nanyang Co Ltd asset portfolio for the complete picture of this company's asset base.

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. For live valuation and market cap data, see Shanghai Xin Nanyang Co Ltd stock valuation.

Year	Net Assets	Change
2024-12-31	CN¥128.85 Million ≈ $18.85 Million	-38.02%
2023-12-31	CN¥207.89 Million ≈ $30.42 Million	-51.02%
2022-12-31	CN¥424.42 Million ≈ $62.11 Million	+98.02%
2021-12-31	CN¥214.33 Million ≈ $31.36 Million	-67.18%
2020-12-31	CN¥653.11 Million ≈ $95.57 Million	-34.71%
2019-12-31	CN¥1.00 Billion ≈ $146.38 Million	-23.18%
2018-12-31	CN¥1.30 Billion ≈ $190.56 Million	-19.33%
2017-12-31	CN¥1.61 Billion ≈ $236.23 Million	+60.54%
2016-12-31	CN¥1.01 Billion ≈ $147.14 Million	+10.97%
2015-12-31	CN¥906.11 Million ≈ $132.59 Million	-2.69%
2014-12-31	CN¥931.16 Million ≈ $136.26 Million	+116.27%
2013-12-31	CN¥430.55 Million ≈ $63.00 Million	-7.35%
2012-12-31	CN¥464.72 Million ≈ $68.00 Million	-9.02%
2011-12-31	CN¥510.81 Million ≈ $74.75 Million	+10.18%
2010-12-31	CN¥463.61 Million ≈ $67.84 Million	+8.62%
2009-12-31	CN¥426.80 Million ≈ $62.45 Million	-0.38%
2008-12-31	CN¥428.43 Million ≈ $62.69 Million	-16.93%
2007-12-31	CN¥515.75 Million ≈ $75.47 Million	-0.65%
2006-12-31	CN¥519.12 Million ≈ $75.96 Million	+4.43%
2005-12-31	CN¥497.08 Million ≈ $72.74 Million	-0.78%
2004-12-31	CN¥500.98 Million ≈ $73.31 Million	+4.18%
2003-12-31	CN¥480.89 Million ≈ $70.37 Million	+41.63%
2002-12-31	CN¥339.54 Million ≈ $49.69 Million	-2.29%
2001-12-31	CN¥347.50 Million ≈ $50.85 Million	+7.48%
2000-12-31	CN¥323.32 Million ≈ $47.31 Million	+11.58%
1999-12-31	CN¥289.75 Million ≈ $42.40 Million	+9.24%
1998-12-31	CN¥265.24 Million ≈ $38.81 Million	+3.66%
1997-12-31	CN¥255.87 Million ≈ $37.44 Million	+4.41%
1996-12-31	CN¥245.06 Million ≈ $35.86 Million	-9.40%
1995-12-31	CN¥270.50 Million ≈ $39.58 Million	--
1994-12-31	CN¥0.00 ≈ $0.00	--
1993-12-31	CN¥253.90 Million ≈ $37.15 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.

Company	Market Cap
Topkey Corp TW:4536	$427.77 Million
YTL Hospitality REIT KLSE:5109	$427.92 Million
AfreecaTV Co. Ltd KQ:067160	$428.00 Million
Hangzhou Huaxing Chuangye Communication Technology Co Ltd SHE:300025	$428.10 Million
Citra Putra Realty Tbk PT JK:CLAY	$427.68 Million
Curro Hol JSE:COH	$427.54 Million
Man Industries (India) Limited NSE:MANINDS	$427.22 Million
Donga Socio Holdings KO:000640	$427.15 Million

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: 61.46x
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 7.00x to 61.46x 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¥10.20	x
1994-12-31	CN¥1.54	CN¥10.20	x
1995-12-31	CN¥1.55	CN¥10.20	x
1996-12-31	CN¥1.40	CN¥10.20	x
1997-12-31	CN¥1.46	CN¥10.20	x
1998-12-31	CN¥1.50	CN¥10.20	x
1999-12-31	CN¥1.59	CN¥10.20	x
2000-12-31	CN¥1.64	CN¥10.20	x
2001-12-31	CN¥1.69	CN¥10.20	x
2002-12-31	CN¥1.74	CN¥10.20	x
2003-12-31	CN¥2.03	CN¥10.20	x
2004-12-31	CN¥2.11	CN¥10.20	x
2005-12-31	CN¥2.16	CN¥10.20	x
2006-12-31	CN¥2.22	CN¥10.20	x
2007-12-31	CN¥2.18	CN¥10.20	x
2008-12-31	CN¥1.88	CN¥10.20	x
2009-12-31	CN¥2.13	CN¥10.20	x
2010-12-31	CN¥2.10	CN¥10.20	x
2011-12-31	CN¥2.35	CN¥10.20	x
2012-12-31	CN¥2.14	CN¥10.20	x
2013-12-31	CN¥1.37	CN¥10.20	x
2014-12-31	CN¥3.30	CN¥10.20	x
2015-12-31	CN¥3.20	CN¥10.20	x
2016-12-31	CN¥3.62	CN¥10.20	x
2017-12-31	CN¥5.71	CN¥10.20	x
2018-12-31	CN¥4.43	CN¥10.20	x
2019-12-31	CN¥3.35	CN¥10.20	x
2020-12-31	CN¥1.90	CN¥10.20	x
2021-12-31	CN¥0.65	CN¥10.20	x
2022-12-31	CN¥1.29	CN¥10.20	x
2023-12-31	CN¥0.47	CN¥10.20	x
2024-12-31	CN¥0.17	CN¥10.20	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: $554,871,810
Average return on equity (ROE) among peers: 6.66%

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	$427.70 Million
Xiamen Insight Investment Co Ltd (000526)	$166.83 Million	4.07%	0.38x	$619.84 Million
Offcn Education Technology Co Ltd (002607)	$208.39 Million	19.18%	2.52x	$2.39 Billion
Qtone Education Group Guangdong Ltd (300359)	$2.22 Billion	2.98%	0.29x	$463.38 Million
COL Digital Publishing Group Co Ltd (300364)	$264.11 Million	16.99%	0.21x	$3.07 Billion
Chengdu Jafaantai Technology Co Ltd (300559)	$239.90 Million	24.00%	0.24x	$816.71 Million
Shandong Astro-century Education&Technology Co Ltd (300654)	$215.99 Million	15.71%	1.01x	$587.19 Million
Nanjing University Environmental (300864)	$90.66 Million	49.22%	1.20x	$514.60 Million
China Hi-Tech Group Co Ltd (600730)	$446.81 Million	7.12%	1.86x	$770.04 Million
Eastern Pioneer Auto Driving S (603377)	$1.14 Billion	-79.36%	2.52x	$383.94 Million

About Shanghai Xin Nanyang Co Ltd

SHG:600661 China Education & Training Services

Market Cap

$427.70 Million

CN¥2.92 Billion CNY

Market Cap Rank

#13360 Global

#4211 in China

Share Price

CN¥10.20

Change (1 day)

+1.19%

52-Week Range

CN¥9.02 - CN¥12.24

All Time High

CN¥46.86