Shanghai Lujiazui Finance & Trade Zone Development Co Ltd A (600663) - Net Assets

Latest as of June 2026: CN¥50.19 Billion CNY ≈ $7.34 Billion USD

Based on the latest financial reports, Shanghai Lujiazui Finance & Trade Zone Development Co Ltd A (600663) has net assets worth CN¥50.19 Billion CNY (≈ $7.34 Billion USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥171.84 Billion ≈ $25.15 Billion USD) and total liabilities (CN¥121.65 Billion ≈ $17.80 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 how strategically is Shanghai Lujiazui Finance & Trade Zone D's equity deployed to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥50.19 Billion
% of Total Assets	29.21%
Annual Growth Rate	12.52%
5-Year Change	30.14%
10-Year Change	146.49%
Growth Volatility	23.97

Shanghai Lujiazui Finance & Trade Zone Development Co Ltd A - Net Assets Trend (1993–2025)

This chart illustrates how Shanghai Lujiazui Finance & Trade Zone Development Co Ltd A's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Shanghai Lujiazui Finance & Trade Zone D market cap and net worth.

Annual Net Assets for Shanghai Lujiazui Finance & Trade Zone Development Co Ltd A (1993–2025)

The table below shows the annual net assets of Shanghai Lujiazui Finance & Trade Zone Development Co Ltd A from 1993 to 2025. Also explore Shanghai Lujiazui Finance & Trade Zone D equity growth rate to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2025-12-31	CN¥50.00 Billion ≈ $7.32 Billion	+2.99%
2024-12-31	CN¥48.55 Billion ≈ $7.10 Billion	+3.61%
2023-12-31	CN¥46.86 Billion ≈ $6.86 Billion	+24.42%
2022-12-31	CN¥37.66 Billion ≈ $5.51 Billion	-1.99%
2021-12-31	CN¥38.42 Billion ≈ $5.62 Billion	+13.75%
2020-12-31	CN¥33.78 Billion ≈ $4.94 Billion	+16.25%
2019-12-31	CN¥29.06 Billion ≈ $4.25 Billion	+27.50%
2018-12-31	CN¥22.79 Billion ≈ $3.33 Billion	+12.80%
2017-12-31	CN¥20.20 Billion ≈ $2.96 Billion	-0.41%
2016-12-31	CN¥20.29 Billion ≈ $2.97 Billion	+24.92%
2015-12-31	CN¥16.24 Billion ≈ $2.38 Billion	+6.53%
2014-12-31	CN¥15.24 Billion ≈ $2.23 Billion	+0.38%
2013-12-31	CN¥15.19 Billion ≈ $2.22 Billion	+15.11%
2012-12-31	CN¥13.19 Billion ≈ $1.93 Billion	+5.37%
2011-12-31	CN¥12.52 Billion ≈ $1.83 Billion	+4.80%
2010-12-31	CN¥11.95 Billion ≈ $1.75 Billion	+6.60%
2009-12-31	CN¥11.21 Billion ≈ $1.64 Billion	+19.53%
2008-12-31	CN¥9.38 Billion ≈ $1.37 Billion	+1.38%
2007-12-31	CN¥9.25 Billion ≈ $1.35 Billion	+19.95%
2006-12-31	CN¥7.71 Billion ≈ $1.13 Billion	+10.30%
2005-12-31	CN¥6.99 Billion ≈ $1.02 Billion	+6.75%
2004-12-31	CN¥6.55 Billion ≈ $958.26 Million	+9.11%
2003-12-31	CN¥6.00 Billion ≈ $878.25 Million	+14.58%
2002-12-31	CN¥5.24 Billion ≈ $766.47 Million	+8.78%
2001-12-31	CN¥4.81 Billion ≈ $704.58 Million	+1.58%
2000-12-31	CN¥4.74 Billion ≈ $693.61 Million	+2.01%
1999-12-31	CN¥4.65 Billion ≈ $679.92 Million	+0.29%
1998-12-31	CN¥4.63 Billion ≈ $677.94 Million	-2.38%
1997-12-31	CN¥4.75 Billion ≈ $694.47 Million	+9.23%
1996-12-31	CN¥4.34 Billion ≈ $635.79 Million	+72.29%
1995-12-31	CN¥2.52 Billion ≈ $369.02 Million	--
1994-12-31	CN¥0.00 ≈ $0.00	--
1993-12-31	CN¥1.15 Billion ≈ $167.71 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Shanghai Lujiazui Finance & Trade Zone Development Co Ltd A'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 13148.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥16.02 Billion	63.77%
Other Components	CN¥9.10 Billion	36.23%
Total Equity	CN¥25.12 Billion	100.00%

Shanghai Lujiazui Finance & Trade Zone Development Co Ltd A Competitors by Market Cap

The table below lists competitors of Shanghai Lujiazui Finance & Trade Zone Development Co Ltd A ranked by their market capitalization.

Company	Market Cap
Rigetti Computing Inc NASDAQ:RGTI	$5.10 Billion
MINTH GRP LTD UNSP.ADR/20 F:M3I0	$5.10 Billion
Vipshop Holdings Limited NYSE:VIPS	$5.10 Billion
UPL Limited NSE:UPL	$5.11 Billion
Protagonist Therapeutics Inc NASDAQ:PTGX	$5.09 Billion
ServiceTitan, Inc. Class A Common Stock NASDAQ:TTAN	$5.09 Billion
Scout24 AG XETRA:G24	$5.09 Billion
Shenzhen Salubris Pharmaceuticals Co Ltd SHE:002294	$5.09 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Shanghai Lujiazui Finance & Trade Zone Development Co Ltd A's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 24,619,601,000 to 25,121,568,173, a change of 501,967,173 (2.0%).
Net income of 1,223,393,000 contributed positively to equity growth.
Dividend payments of 2,669,787,137 reduced retained earnings.
Other comprehensive income decreased equity by 753,838,000.
Other factors increased equity by 2,702,199,310.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥1.22 Billion	+4.87%
Dividends Paid	CN¥2.67 Billion	-10.63%
Other Comprehensive Income	CN¥-753.84 Million	-3.0%
Other Changes	CN¥2.70 Billion	+10.76%
Total Change	CN¥-	2.04%

Book Value vs Market Value Analysis

This analysis compares Shanghai Lujiazui Finance & Trade Zone Development Co Ltd A'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: 1.77x
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 36.14x to 1.77x 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¥0.24	CN¥8.85	x
1994-12-31	CN¥0.48	CN¥8.85	x
1995-12-31	CN¥0.50	CN¥8.85	x
1996-12-31	CN¥0.94	CN¥8.85	x
1997-12-31	CN¥1.05	CN¥8.85	x
1998-12-31	CN¥1.02	CN¥8.85	x
1999-12-31	CN¥1.03	CN¥8.85	x
2000-12-31	CN¥1.07	CN¥8.85	x
2001-12-31	CN¥1.10	CN¥8.85	x
2002-12-31	CN¥1.20	CN¥8.85	x
2003-12-31	CN¥1.39	CN¥8.85	x
2004-12-31	CN¥1.49	CN¥8.85	x
2005-12-31	CN¥1.57	CN¥8.85	x
2006-12-31	CN¥1.67	CN¥8.85	x
2007-12-31	CN¥2.03	CN¥8.85	x
2008-12-31	CN¥2.08	CN¥8.85	x
2009-12-31	CN¥2.35	CN¥8.85	x
2010-12-31	CN¥2.55	CN¥8.85	x
2011-12-31	CN¥2.69	CN¥8.85	x
2012-12-31	CN¥2.87	CN¥8.85	x
2013-12-31	CN¥2.79	CN¥8.85	x
2014-12-31	CN¥2.86	CN¥8.85	x
2015-12-31	CN¥3.22	CN¥8.85	x
2016-12-31	CN¥3.39	CN¥8.85	x
2017-12-31	CN¥3.55	CN¥8.85	x
2018-12-31	CN¥3.99	CN¥8.85	x
2019-12-31	CN¥4.49	CN¥8.85	x
2020-12-31	CN¥5.02	CN¥8.85	x
2021-12-31	CN¥5.60	CN¥8.85	x
2022-12-31	CN¥5.34	CN¥8.85	x
2023-12-31	CN¥4.73	CN¥8.85	x
2024-12-31	CN¥5.00	CN¥8.85	x
2025-12-31	CN¥4.99	CN¥8.85	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shanghai Lujiazui Finance & Trade Zone Development Co Ltd A 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): 4.87%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 6.73%
• Asset Turnover: 0.11x
• Equity Multiplier: 6.66x
Recent ROE (4.87%) is below the historical average (12.27%), 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	19.24%	31.46%	0.19x	3.29x	CN¥91.32 Million
1994	22.02%	31.13%	0.26x	2.70x	CN¥233.01 Million
1995	29.12%	76.75%	0.11x	3.57x	CN¥383.75 Million
1996	16.44%	38.82%	0.21x	2.04x	CN¥244.22 Million
1997	7.09%	48.66%	0.08x	1.85x	CN¥-123.38 Million
1998	2.99%	20.69%	0.08x	1.88x	CN¥-287.69 Million
1999	0.53%	3.40%	0.08x	1.89x	CN¥-393.28 Million
2000	8.12%	52.77%	0.09x	1.71x	CN¥-80.79 Million
2001	2.66%	11.76%	0.13x	1.70x	CN¥-324.55 Million
2002	10.57%	23.79%	0.28x	1.59x	CN¥27.84 Million
2003	11.87%	29.31%	0.26x	1.58x	CN¥104.61 Million
2004	8.90%	25.49%	0.22x	1.60x	CN¥-66.13 Million
2005	8.98%	32.65%	0.16x	1.74x	CN¥-64.44 Million
2006	8.98%	21.17%	0.23x	1.83x	CN¥-68.86 Million
2007	9.19%	36.77%	0.14x	1.74x	CN¥-66.79 Million
2008	10.47%	54.02%	0.09x	2.11x	CN¥39.37 Million
2009	11.92%	35.57%	0.16x	2.05x	CN¥182.46 Million
2010	11.59%	43.28%	0.12x	2.29x	CN¥163.50 Million
2011	9.07%	23.64%	0.15x	2.55x	CN¥-100.93 Million
2012	8.73%	28.95%	0.11x	2.66x	CN¥-147.45 Million
2013	12.57%	31.41%	0.12x	3.42x	CN¥289.17 Million
2014	13.89%	31.30%	0.11x	3.96x	CN¥448.65 Million
2015	16.67%	28.63%	0.14x	4.04x	CN¥866.30 Million
2016	19.39%	20.68%	0.16x	5.84x	CN¥1.28 Billion
2017	21.86%	33.57%	0.11x	5.67x	CN¥1.70 Billion
2018	20.82%	26.51%	0.16x	4.85x	CN¥1.74 Billion
2019	20.30%	24.89%	0.16x	5.05x	CN¥1.87 Billion
2020	19.80%	27.72%	0.14x	5.00x	CN¥1.99 Billion
2021	19.10%	31.08%	0.11x	5.36x	CN¥2.05 Billion
2022	4.86%	8.90%	0.09x	5.84x	CN¥-1.11 Billion
2023	6.30%	13.01%	0.07x	7.14x	CN¥-842.00 Million
2024	6.13%	10.30%	0.09x	6.53x	CN¥-953.49 Million
2025	4.87%	6.73%	0.11x	6.66x	CN¥-1.29 Billion

Industry Comparison

This section compares Shanghai Lujiazui Finance & Trade Zone Development Co Ltd A's net assets metrics with peer companies in the Real Estate - Development industry.

Industry Context

Industry: Real Estate - Development
Average net assets among peers: $4,498,701,079
Average return on equity (ROE) among peers: 9.07%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Shanghai Lujiazui Finance & Trade Zone Development Co Ltd A (600663)	CN¥50.19 Billion	19.24%	2.42x	$5.10 Billion
China Vanke Co Ltd Class A (000002)	$3.55 Billion	10.76%	1.31x	$5.42 Billion
Shenzhen Zhenye Group Co Ltd (000006)	$5.71 Billion	14.12%	1.30x	$1.44 Billion
Shenzhen Properties & Resources Development Group Ltd (000011)	$1.50 Billion	24.97%	1.66x	$743.80 Million
Shahe Industry Co Ltd (000014)	$800.15 Million	0.95%	0.91x	$385.00 Million
Grandjoy Holdings Group Co Ltd (000031)	$11.74 Billion	8.05%	5.45x	$1.51 Billion
China Union Holdings Ltd (000036)	$2.49 Billion	1.38%	0.83x	$831.96 Million
Shenzhen Centralcon Investment Holding Co Ltd (000042)	$2.53 Billion	12.62%	1.83x	$818.17 Million
Shenzhen Wongtee International Enterprise Co Ltd (000056)	$435.59 Million	8.92%	1.55x	$377.98 Million
Financial Street Holdings Co Ltd (000402)	$15.94 Billion	8.57%	1.66x	$1.22 Billion
Chongqing Yukaifa Co Ltd (000514)	$277.42 Million	0.39%	2.69x	$545.74 Million

About Shanghai Lujiazui Finance & Trade Zone Development Co Ltd A

SHG:600663 China Real Estate - Development

Market Cap

$5.10 Billion

CN¥34.82 Billion CNY

Market Cap Rank

#3542 Global

#491 in China

Share Price

CN¥8.85

Change (1 day)

-2.75%

52-Week Range

CN¥6.24 - CN¥9.65

All Time High

CN¥21.47