Shanghai Qiangsheng Holding Co Ltd (600662) - Net Assets

Latest as of September 2025: CN¥5.57 Billion CNY ≈ $814.57 Million USD

Based on the latest financial reports, Shanghai Qiangsheng Holding Co Ltd (600662) has net assets worth CN¥5.57 Billion CNY (≈ $814.57 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¥15.27 Billion ≈ $2.23 Billion USD) and total liabilities (CN¥9.70 Billion ≈ $1.42 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. Check 600662 asset resilience ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore Shanghai Qiangsheng Holding Co Ltd (600662) total assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see 600662 company net worth.

Year	Net Assets	Change
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 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.

Company	Market Cap
City Holding Company NASDAQ:CHCO	$1.69 Billion
The Jammu & Kashmir Bank Limited NSE:J&KBANK	$1.69 Billion
Anupam Rasayan India Limited NSE:ANURAS	$1.69 Billion
SLC Agrícola S.A SA:SLCE3	$1.69 Billion
Tien Phong Commercial Joint Stock Bank VN:TPB	$1.69 Billion
Datang Telecom Technology Co Ltd SHG:600198	$1.69 Billion
Camel Group Co Ltd SHG:601311	$1.69 Billion
Modern Times Group Mtg AB ST:MTG-B	$1.69 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 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: 2.26x
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 32.08x to 2.26x 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¥5.05	x
1994-12-31	CN¥0.27	CN¥5.05	x
1995-12-31	CN¥0.28	CN¥5.05	x
1996-12-31	CN¥0.49	CN¥5.05	x
1997-12-31	CN¥0.52	CN¥5.05	x
1998-12-31	CN¥0.86	CN¥5.05	x
1999-12-31	CN¥0.90	CN¥5.05	x
2000-12-31	CN¥1.05	CN¥5.05	x
2001-12-31	CN¥1.15	CN¥5.05	x
2002-12-31	CN¥1.24	CN¥5.05	x
2003-12-31	CN¥1.31	CN¥5.05	x
2004-12-31	CN¥1.44	CN¥5.05	x
2005-12-31	CN¥1.56	CN¥5.05	x
2006-12-31	CN¥1.63	CN¥5.05	x
2007-12-31	CN¥2.25	CN¥5.05	x
2008-12-31	CN¥1.84	CN¥5.05	x
2009-12-31	CN¥1.86	CN¥5.05	x
2010-12-31	CN¥1.49	CN¥5.05	x
2011-12-31	CN¥2.72	CN¥5.05	x
2012-12-31	CN¥2.79	CN¥5.05	x
2013-12-31	CN¥2.82	CN¥5.05	x
2014-12-31	CN¥2.95	CN¥5.05	x
2015-12-31	CN¥3.02	CN¥5.05	x
2016-12-31	CN¥3.09	CN¥5.05	x
2017-12-31	CN¥3.09	CN¥5.05	x
2018-12-31	CN¥3.09	CN¥5.05	x
2019-12-31	CN¥3.06	CN¥5.05	x
2020-12-31	CN¥3.07	CN¥5.05	x
2021-12-31	CN¥2.22	CN¥5.05	x
2022-12-31	CN¥1.73	CN¥5.05	x
2023-12-31	CN¥1.87	CN¥5.05	x
2024-12-31	CN¥2.23	CN¥5.05	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: $3,706,519,058
Average return on equity (ROE) among peers: 20.00%

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	$1.69 Billion
Dazhong Transportation Group Co Ltd A (600611)	$10.20 Billion	3.22%	0.89x	$1.07 Billion
Shanghai Jin Jiang International Industrial Investment Co Ltd A (600650)	$4.47 Billion	4.40%	0.24x	$729.25 Million
Deppon Logistics Co Ltd (603056)	$747.96 Million	26.43%	1.28x	$2.79 Billion
Hengtong Logistic Co Ltd (603223)	$120.45 Million	35.19%	1.08x	$999.10 Million
Beijing Changjiu Logistics Ltd (603569)	$77.73 Million	73.25%	3.41x	$593.46 Million
GuangDong GenSho Logistics Co (603813)	$322.94 Million	12.68%	0.48x	$607.76 Million
Dazhong Transportation Group Co Ltd B (900903)	$10.17 Billion	-2.68%	0.97x	$138.54 Million
Shanghai Jin Jiang International Industrial Investment Co Ltd B (900914)	$3.55 Billion	7.53%	0.27x	$72.96 Million

About Shanghai Qiangsheng Holding Co Ltd

SHG:600662 China Trucking

Market Cap

$1.69 Billion

CN¥11.53 Billion CNY

Market Cap Rank

#6979 Global

#1654 in China

Share Price

CN¥5.05

Change (1 day)

+1.41%

52-Week Range

CN¥4.89 - CN¥6.88

All Time High

CN¥16.79