Shanghai Qiangsheng Holding Co Ltd (600662) - Net Assets
Based on the latest financial reports, Shanghai Qiangsheng Holding Co Ltd (600662) has net assets worth CN¥5.95 Billion CNY (≈ $871.04 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥15.91 Billion ≈ $2.33 Billion USD) and total liabilities (CN¥9.96 Billion ≈ $1.46 Billion 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. Also explore Shanghai Qiangsheng Holding Co Ltd (600662) total assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥5.95 Billion |
| % of Total Assets | 37.41% |
| Annual Growth Rate | 12.59% |
| 5-Year Change | 43.27% |
| 10-Year Change | 56.3% |
| Growth Volatility | 28.96 |
Shanghai Qiangsheng Holding Co Ltd - Net Assets Trend (1993–2025)
This chart illustrates how Shanghai Qiangsheng Holding Co Ltd's net assets have evolved over time, based on quarterly financial data. Check 600662 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Shanghai Qiangsheng Holding Co Ltd (1993–2025)
The table below shows the annual net assets of Shanghai Qiangsheng Holding Co Ltd from 1993 to 2025. For live valuation and market cap data, see 600662 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥5.69 Billion ≈ $832.05 Million |
+2.40% |
| 2024-12-31 | CN¥5.55 Billion ≈ $812.55 Million |
+19.14% |
| 2023-12-31 | CN¥4.66 Billion ≈ $682.01 Million |
+10.07% |
| 2022-12-31 | CN¥4.23 Billion ≈ $619.62 Million |
+6.69% |
| 2021-12-31 | CN¥3.97 Billion ≈ $580.76 Million |
+11.68% |
| 2020-12-31 | CN¥3.55 Billion ≈ $520.01 Million |
-0.04% |
| 2019-12-31 | CN¥3.56 Billion ≈ $520.23 Million |
-1.35% |
| 2018-12-31 | CN¥3.60 Billion ≈ $527.33 Million |
-0.58% |
| 2017-12-31 | CN¥3.62 Billion ≈ $530.38 Million |
-0.37% |
| 2016-12-31 | CN¥3.64 Billion ≈ $532.33 Million |
+2.09% |
| 2015-12-31 | CN¥3.56 Billion ≈ $521.43 Million |
+10.80% |
| 2014-12-31 | CN¥3.22 Billion ≈ $470.62 Million |
+4.96% |
| 2013-12-31 | CN¥3.06 Billion ≈ $448.39 Million |
-1.76% |
| 2012-12-31 | CN¥3.12 Billion ≈ $456.43 Million |
+0.87% |
| 2011-12-31 | CN¥3.09 Billion ≈ $452.50 Million |
+85.81% |
| 2010-12-31 | CN¥1.66 Billion ≈ $243.53 Million |
+1.16% |
| 2009-12-31 | CN¥1.65 Billion ≈ $240.73 Million |
+0.65% |
| 2008-12-31 | CN¥1.63 Billion ≈ $239.19 Million |
+6.60% |
| 2007-12-31 | CN¥1.53 Billion ≈ $224.37 Million |
+8.33% |
| 2006-12-31 | CN¥1.42 Billion ≈ $207.12 Million |
+3.25% |
| 2005-12-31 | CN¥1.37 Billion ≈ $200.60 Million |
+8.24% |
| 2004-12-31 | CN¥1.27 Billion ≈ $185.33 Million |
+8.38% |
| 2003-12-31 | CN¥1.17 Billion ≈ $171.00 Million |
+5.09% |
| 2002-12-31 | CN¥1.11 Billion ≈ $162.72 Million |
+8.19% |
| 2001-12-31 | CN¥1.03 Billion ≈ $150.40 Million |
+15.60% |
| 2000-12-31 | CN¥889.09 Million ≈ $130.10 Million |
+16.88% |
| 1999-12-31 | CN¥760.70 Million ≈ $111.31 Million |
+7.02% |
| 1998-12-31 | CN¥710.81 Million ≈ $104.01 Million |
+63.91% |
| 1997-12-31 | CN¥433.65 Million ≈ $63.46 Million |
+9.89% |
| 1996-12-31 | CN¥394.62 Million ≈ $57.75 Million |
+73.22% |
| 1995-12-31 | CN¥227.81 Million ≈ $33.34 Million |
-- |
| 1994-12-31 | CN¥0.00 ≈ $0.00 |
-- |
| 1993-12-31 | CN¥128.02 Million ≈ $18.73 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 26960.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.97 Billion | 37.90% |
| Other Components | CN¥3.22 Billion | 62.10% |
| Total Equity | CN¥5.19 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.
| Company | Market Cap |
|---|---|
|
Cardinal Energy Ltd
TO:CJ
|
$1.40 Billion |
|
Tamilnad Mercantile Bank Limited
NSE:TMB
|
$1.40 Billion |
|
Zhejiang Huatie Constr Safety
SHG:603300
|
$1.40 Billion |
|
Parade Technologies Ltd
TWO:4966
|
$1.40 Billion |
|
IRPC Public Company Limited
BK:IRPC
|
$1.40 Billion |
|
Clearway Energy Inc
NYSE:CWEN-A
|
$1.40 Billion |
|
Central Plaza Hotel Public Company Limited
BK:CENTEL-R
|
$1.40 Billion |
|
Richelieu Hardware Ltd.
TO:RCH
|
$1.40 Billion |
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 2024 to 2025, total equity changed from 5,065,348,301 to 5,185,020,321, a change of 119,672,020 (2.4%).
- Net income of 652,305,627 contributed positively to equity growth.
- Dividend payments of 553,237,751 reduced retained earnings.
- Other comprehensive income increased equity by 3,411,449.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥652.31 Million | +12.58% |
| Dividends Paid | CN¥553.24 Million | -10.67% |
| Other Comprehensive Income | CN¥3.41 Million | +0.07% |
| Other Changes | CN¥17.19 Million | +0.33% |
| Total Change | CN¥- | 2.36% |
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: 1.85x
- 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 26.61x to 1.85x 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¥4.19 | x |
| 1994-12-31 | CN¥0.27 | CN¥4.19 | x |
| 1995-12-31 | CN¥0.28 | CN¥4.19 | x |
| 1996-12-31 | CN¥0.49 | CN¥4.19 | x |
| 1997-12-31 | CN¥0.52 | CN¥4.19 | x |
| 1998-12-31 | CN¥0.86 | CN¥4.19 | x |
| 1999-12-31 | CN¥0.90 | CN¥4.19 | x |
| 2000-12-31 | CN¥1.05 | CN¥4.19 | x |
| 2001-12-31 | CN¥1.15 | CN¥4.19 | x |
| 2002-12-31 | CN¥1.24 | CN¥4.19 | x |
| 2003-12-31 | CN¥1.31 | CN¥4.19 | x |
| 2004-12-31 | CN¥1.44 | CN¥4.19 | x |
| 2005-12-31 | CN¥1.56 | CN¥4.19 | x |
| 2006-12-31 | CN¥1.63 | CN¥4.19 | x |
| 2007-12-31 | CN¥2.25 | CN¥4.19 | x |
| 2008-12-31 | CN¥1.84 | CN¥4.19 | x |
| 2009-12-31 | CN¥1.86 | CN¥4.19 | x |
| 2010-12-31 | CN¥1.49 | CN¥4.19 | x |
| 2011-12-31 | CN¥2.72 | CN¥4.19 | x |
| 2012-12-31 | CN¥2.79 | CN¥4.19 | x |
| 2013-12-31 | CN¥2.82 | CN¥4.19 | x |
| 2014-12-31 | CN¥2.95 | CN¥4.19 | x |
| 2015-12-31 | CN¥3.02 | CN¥4.19 | x |
| 2016-12-31 | CN¥3.09 | CN¥4.19 | x |
| 2017-12-31 | CN¥3.09 | CN¥4.19 | x |
| 2018-12-31 | CN¥3.09 | CN¥4.19 | x |
| 2019-12-31 | CN¥3.06 | CN¥4.19 | x |
| 2020-12-31 | CN¥3.07 | CN¥4.19 | x |
| 2021-12-31 | CN¥2.22 | CN¥4.19 | x |
| 2022-12-31 | CN¥1.73 | CN¥4.19 | x |
| 2023-12-31 | CN¥1.87 | CN¥4.19 | x |
| 2024-12-31 | CN¥2.23 | CN¥4.19 | x |
| 2025-12-31 | CN¥2.27 | CN¥4.19 | 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): 12.58%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.70%
- • Asset Turnover: 1.51x
- • Equity Multiplier: 3.09x
- Recent ROE (12.58%) is above the historical average (10.36%), 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 |
| 2025 | 12.58% | 2.70% | 1.51x | 3.09x | CN¥133.80 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: $4,002,100,873
- Average return on equity (ROE) among peers: 10.12%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shanghai Qiangsheng Holding Co Ltd (600662) | CN¥5.95 Billion | 9.29% | 1.67x | $1.40 Billion |
| Dazhong Transportation Group Co Ltd A (600611) | $10.20 Billion | 3.22% | 0.89x | $912.76 Million |
| Shanghai Jin Jiang International Industrial Investment Co Ltd A (600650) | $2.20 Billion | 12.20% | 0.40x | $561.80 Million |
| Deppon Logistics Co Ltd (603056) | $747.96 Million | 26.43% | 1.28x | $2.79 Billion |
| Hengtong Logistic Co Ltd (603223) | $682.07 Million | 8.53% | 0.31x | $1.10 Billion |
| GuangDong GenSho Logistics Co (603813) | $566.65 Million | 9.16% | 0.18x | $445.80 Million |
| Dazhong Transportation Group Co Ltd B (900903) | $9.80 Billion | 5.46% | 0.76x | $140.94 Million |
| Shanghai Jin Jiang International Industrial Investment Co Ltd B (900914) | $3.82 Billion | 5.81% | 0.31x | $69.41 Million |
About Shanghai Qiangsheng Holding Co Ltd
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