Shanghai Qiangsheng Holding Co Ltd

SHG:600662 China Trucking
Market Cap
$1.71 Billion
CN¥12.54 Billion CNY
Market Cap Rank
#10456 Global
#2322 in China
Share Price
CN¥5.49
Change (1 day)
-0.18%
52-Week Range
CN¥4.90 - CN¥6.88
All Time High
CN¥16.79
About

Shanghai Foreign Service Holding Group Co., Ltd. engages in the provision of comprehensive human resources services in China. It offers human resource management, personnel management, talent dispatching, salary and benefits, recruiting and flexible employment, and business outsourcing services. The company also provides HR consulting, business consulting, and training and translation services. I… Read more

Shanghai Qiangsheng Holding Co Ltd (600662) - Net Assets

Latest net assets as of September 2025: CN¥5.57 Billion CNY

Based on the latest financial reports, Shanghai Qiangsheng Holding Co Ltd (600662) has net assets worth CN¥5.57 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¥15.27 Billion) and total liabilities (CN¥9.70 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¥5.57 Billion
% of Total Assets 36.45%
Annual Growth Rate 12.93%
5-Year Change 56.26%
10-Year Change 55.83%
Growth Volatility 29.41

Shanghai Qiangsheng Holding Co Ltd - Net Assets Trend (1993–2024)

This chart illustrates how Shanghai Qiangsheng Holding 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 Qiangsheng Holding Co Ltd (1993–2024)

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

Year Net Assets Change
2024-12-31 CN¥5.55 Billion +19.14%
2023-12-31 CN¥4.66 Billion +10.07%
2022-12-31 CN¥4.23 Billion +6.69%
2021-12-31 CN¥3.97 Billion +11.68%
2020-12-31 CN¥3.55 Billion -0.04%
2019-12-31 CN¥3.56 Billion -1.35%
2018-12-31 CN¥3.60 Billion -0.58%
2017-12-31 CN¥3.62 Billion -0.37%
2016-12-31 CN¥3.64 Billion +2.09%
2015-12-31 CN¥3.56 Billion +10.80%
2014-12-31 CN¥3.22 Billion +4.96%
2013-12-31 CN¥3.06 Billion -1.76%
2012-12-31 CN¥3.12 Billion +0.87%
2011-12-31 CN¥3.09 Billion +85.81%
2010-12-31 CN¥1.66 Billion +1.16%
2009-12-31 CN¥1.65 Billion +0.65%
2008-12-31 CN¥1.63 Billion +6.60%
2007-12-31 CN¥1.53 Billion +8.33%
2006-12-31 CN¥1.42 Billion +3.25%
2005-12-31 CN¥1.37 Billion +8.24%
2004-12-31 CN¥1.27 Billion +8.38%
2003-12-31 CN¥1.17 Billion +5.09%
2002-12-31 CN¥1.11 Billion +8.19%
2001-12-31 CN¥1.03 Billion +15.60%
2000-12-31 CN¥889.09 Million +16.88%
1999-12-31 CN¥760.70 Million +7.02%
1998-12-31 CN¥710.81 Million +63.91%
1997-12-31 CN¥433.65 Million +9.89%
1996-12-31 CN¥394.62 Million +73.22%
1995-12-31 CN¥227.81 Million --
1994-12-31 CN¥0.00 --
1993-12-31 CN¥128.02 Million --

Equity Component Analysis

This analysis shows how different components contribute to Shanghai Qiangsheng Holding 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 26271.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥1.92 Billion 37.81%
Common Stock CN¥2.28 Billion 45.08%
Other Comprehensive Income CN¥-3.41 Million -0.07%
Other Components CN¥870.21 Million 17.18%
Total Equity CN¥5.07 Billion 100.00%

Shanghai Qiangsheng Holding Co Ltd Competitors by Market Cap

The table below lists competitors of Shanghai Qiangsheng Holding Co Ltd ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 4,240,915,183 to 5,065,348,301, a change of 824,433,118 (19.4%).
  • Net income of 1,086,471,105 contributed positively to equity growth.
  • Dividend payments of 315,598,569 reduced retained earnings.
  • Share repurchases of 688,942 reduced equity.
  • Other comprehensive income decreased equity by 411,094.
  • Other factors increased equity by 54,660,618.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥1.09 Billion +21.45%
Dividends Paid CN¥315.60 Million -6.23%
Share Repurchases CN¥688.94K -0.01%
Other Comprehensive Income CN¥-411.09K -0.01%
Other Changes CN¥54.66 Million +1.08%
Total Change CN¥- 19.44%

Book Value vs Market Value Analysis

This analysis compares Shanghai Qiangsheng Holding 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: 2.46x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 34.87x to 2.46x 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¥0.16 CN¥5.49 x
1994-12-31 CN¥0.27 CN¥5.49 x
1995-12-31 CN¥0.28 CN¥5.49 x
1996-12-31 CN¥0.49 CN¥5.49 x
1997-12-31 CN¥0.52 CN¥5.49 x
1998-12-31 CN¥0.86 CN¥5.49 x
1999-12-31 CN¥0.90 CN¥5.49 x
2000-12-31 CN¥1.05 CN¥5.49 x
2001-12-31 CN¥1.15 CN¥5.49 x
2002-12-31 CN¥1.24 CN¥5.49 x
2003-12-31 CN¥1.31 CN¥5.49 x
2004-12-31 CN¥1.44 CN¥5.49 x
2005-12-31 CN¥1.56 CN¥5.49 x
2006-12-31 CN¥1.63 CN¥5.49 x
2007-12-31 CN¥2.25 CN¥5.49 x
2008-12-31 CN¥1.84 CN¥5.49 x
2009-12-31 CN¥1.86 CN¥5.49 x
2010-12-31 CN¥1.49 CN¥5.49 x
2011-12-31 CN¥2.72 CN¥5.49 x
2012-12-31 CN¥2.79 CN¥5.49 x
2013-12-31 CN¥2.82 CN¥5.49 x
2014-12-31 CN¥2.95 CN¥5.49 x
2015-12-31 CN¥3.02 CN¥5.49 x
2016-12-31 CN¥3.09 CN¥5.49 x
2017-12-31 CN¥3.09 CN¥5.49 x
2018-12-31 CN¥3.09 CN¥5.49 x
2019-12-31 CN¥3.06 CN¥5.49 x
2020-12-31 CN¥3.07 CN¥5.49 x
2021-12-31 CN¥2.22 CN¥5.49 x
2022-12-31 CN¥1.73 CN¥5.49 x
2023-12-31 CN¥1.87 CN¥5.49 x
2024-12-31 CN¥2.23 CN¥5.49 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shanghai Qiangsheng Holding 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): 21.45%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 4.87%
  • • Asset Turnover: 1.37x
  • • Equity Multiplier: 3.22x
  • Recent ROE (21.45%) is above the historical average (10.29%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1993 9.29% 45.34% 0.19x 1.10x CN¥-904.08K
1994 10.31% 30.08% 0.29x 1.17x CN¥693.20K
1995 13.34% 20.19% 0.55x 1.20x CN¥7.62 Million
1996 10.51% 25.67% 0.36x 1.13x CN¥1.99 Million
1997 18.20% 25.10% 0.56x 1.31x CN¥34.61 Million
1998 13.86% 24.75% 0.41x 1.37x CN¥27.04 Million
1999 12.25% 17.49% 0.42x 1.65x CN¥16.48 Million
2000 10.45% 13.62% 0.47x 1.62x CN¥3.87 Million
2001 10.38% 11.53% 0.49x 1.85x CN¥3.59 Million
2002 11.13% 11.09% 0.56x 1.79x CN¥11.34 Million
2003 10.65% 10.19% 0.58x 1.80x CN¥6.86 Million
2004 10.69% 11.08% 0.48x 2.03x CN¥8.03 Million
2005 8.44% 8.73% 0.45x 2.17x CN¥-19.82 Million
2006 10.86% 10.88% 0.41x 2.43x CN¥11.24 Million
2007 15.12% 11.10% 0.63x 2.16x CN¥72.17 Million
2008 7.61% 8.30% 0.51x 1.80x CN¥-36.45 Million
2009 8.42% 10.03% 0.45x 1.88x CN¥-24.41 Million
2010 14.50% 14.42% 0.54x 1.86x CN¥70.47 Million
2011 7.15% 5.66% 0.61x 2.06x CN¥-81.76 Million
2012 6.22% 4.79% 0.62x 2.08x CN¥-110.94 Million
2013 5.71% 4.19% 0.64x 2.12x CN¥-127.50 Million
2014 6.03% 4.11% 0.73x 2.00x CN¥-123.35 Million
2015 5.67% 3.81% 0.68x 2.17x CN¥-137.69 Million
2016 5.66% 3.68% 0.76x 2.03x CN¥-141.42 Million
2017 3.10% 2.48% 0.66x 1.90x CN¥-224.41 Million
2018 2.18% 1.73% 0.67x 1.88x CN¥-254.42 Million
2019 2.90% 2.43% 0.55x 2.18x CN¥-228.76 Million
2020 15.25% 2.26% 3.19x 2.12x CN¥169.84 Million
2021 14.00% 4.64% 0.84x 3.59x CN¥151.80 Million
2022 13.98% 3.73% 1.00x 3.76x CN¥155.56 Million
2023 13.82% 3.06% 1.20x 3.75x CN¥161.90 Million
2024 21.45% 4.87% 1.37x 3.22x CN¥579.94 Million

Industry Comparison

This section compares Shanghai Qiangsheng Holding Co Ltd's net assets metrics with peer companies in the Trucking industry.

Industry Context

  • Industry: Trucking
  • Average net assets among peers: $1,777,269,290
  • Average return on equity (ROE) among peers: 13.53%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shanghai Qiangsheng Holding Co Ltd (600662) CN¥5.57 Billion 9.29% 1.74x $483.34 Million
Dazhong Transportation Group Co Ltd A (600611) $2.23 Billion 8.42% 1.04x $1.22 Billion
Shanghai Jin Jiang International Industrial Investment Co Ltd A (600650) $3.79 Billion 5.85% 0.31x $655.58 Million
Deppon Logistics Co Ltd (603056) $3.07 Billion 17.80% 1.12x $418.96 Million
Hengtong Logistic Co Ltd (603223) $206.78 Million 24.47% 1.33x $341.37 Million
Beijing Changjiu Logistics Ltd (603569) $785.80 Million 33.72% 1.20x $213.49 Million
GuangDong GenSho Logistics Co (603813) $586.17 Million -9.10% 1.25x $152.27 Million