Shanghai Lujiazui Finance & Trade Zone Development Co Ltd A (600663) - Net Assets
Based on the latest financial reports, Shanghai Lujiazui Finance & Trade Zone Development Co Ltd A (600663) has net assets worth CN¥49.75 Billion CNY (≈ $7.28 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥167.67 Billion ≈ $24.53 Billion USD) and total liabilities (CN¥117.92 Billion ≈ $17.25 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 asset resilience ratio of Shanghai Lujiazui Finance & Trade Zone D to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥49.75 Billion |
| % of Total Assets | 29.67% |
| Annual Growth Rate | 6.97% |
| 5-Year Change | 43.73% |
| 10-Year Change | N/A |
| Growth Volatility | 14.66 |
Shanghai Lujiazui Finance & Trade Zone Development Co Ltd A - Net Assets Trend (2015–2024)
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. Also explore 600663 total assets for the complete picture of this company's asset base.
Annual Net Assets for Shanghai Lujiazui Finance & Trade Zone Development Co Ltd A (2015–2024)
The table below shows the annual net assets of Shanghai Lujiazui Finance & Trade Zone Development Co Ltd A from 2015 to 2024. For live valuation and market cap data, see Shanghai Lujiazui Finance & Trade Zone D (600663) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥48.55 Billion ≈ $7.10 Billion |
+3.92% |
| 2023-12-31 | CN¥46.72 Billion ≈ $6.84 Billion |
+24.06% |
| 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 |
-23.39% |
| 2015-12-31 | CN¥26.48 Billion ≈ $3.87 Billion |
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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 42.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥15.62 Billion | 63.46% |
| Other Components | CN¥9.00 Billion | 36.54% |
| Total Equity | CN¥24.62 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 |
|---|---|
|
West Fraser Timber Co Ltd
NYSE:WFG
|
$4.74 Billion |
|
NLC India Limited
NSE:NLCINDIA
|
$4.75 Billion |
|
Xian Sunresin New Materials Co Ltd
SHE:300487
|
$4.75 Billion |
|
Shaanxi Sirui Advanced Materials Co. Ltd. A
SHG:688102
|
$4.75 Billion |
|
Energisa S.A
SA:ENGI11
|
$4.74 Billion |
|
Bachem Holding AG
SW:BANB
|
$4.74 Billion |
|
Almonty Industries Inc
TO:AII
|
$4.73 Billion |
|
Jinneng Holding Shanxi Coal Industry Co Ltd
SHG:601001
|
$4.73 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 2023 to 2024, total equity changed from 22,608,128,133 to 24,619,601,435, a change of 2,011,473,303 (8.9%).
- Net income of 1,508,475,026 contributed positively to equity growth.
- Dividend payments of 3,429,755,236 reduced retained earnings.
- Other factors increased equity by 3,932,753,513.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥1.51 Billion | +6.13% |
| Dividends Paid | CN¥3.43 Billion | -13.93% |
| Other Changes | CN¥3.93 Billion | +15.97% |
| Total Change | CN¥- | 8.90% |
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: 1.68x
- 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 2.32x to 1.68x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥3.55 | CN¥8.23 | x |
| 2018-12-31 | CN¥3.99 | CN¥8.23 | x |
| 2019-12-31 | CN¥4.49 | CN¥8.23 | x |
| 2020-12-31 | CN¥5.02 | CN¥8.23 | x |
| 2021-12-31 | CN¥5.60 | CN¥8.23 | x |
| 2022-12-31 | CN¥5.34 | CN¥8.23 | x |
| 2023-12-31 | CN¥4.70 | CN¥8.23 | x |
| 2024-12-31 | CN¥4.89 | CN¥8.23 | 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): 6.13%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.30%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 6.53x
- Recent ROE (6.13%) is below the historical average (14.93%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 10.55% | 28.63% | 0.10x | 3.68x | CN¥112.45 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 | 5.04% | 9.22% | 0.09x | 5.84x | CN¥-1.07 Billion |
| 2023 | 6.34% | 13.01% | 0.07x | 7.18x | CN¥-828.45 Million |
| 2024 | 6.13% | 10.30% | 0.09x | 6.53x | CN¥-953.49 Million |
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: $14,185,137,300
- Average return on equity (ROE) among peers: 8.46%
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¥49.75 Billion | 10.55% | 2.37x | $4.74 Billion |
| China Vanke Co Ltd Class A (000002) | $105.44 Billion | 14.34% | 3.54x | $5.56 Billion |
| Shenzhen Zhenye Group Co Ltd (000006) | $5.71 Billion | 14.12% | 1.30x | $1.92 Billion |
| Shenzhen Properties & Resources Development Group Ltd (000011) | $2.41 Billion | 14.72% | 1.76x | $623.95 Million |
| Shahe Industry Co Ltd (000014) | $993.60 Million | 4.93% | 1.56x | $467.53 Million |
| Grandjoy Holdings Group Co Ltd (000031) | $1.05 Billion | 5.59% | 0.57x | $1.92 Billion |
| China Union Holdings Ltd (000036) | $1.02 Billion | 7.97% | 1.19x | $1.15 Billion |
| Shenzhen Centralcon Investment Holding Co Ltd (000042) | $1.91 Billion | 10.58% | 1.82x | $936.86 Million |
| Shenzhen Wongtee International Enterprise Co Ltd (000056) | $5.81 Billion | 1.56% | 1.28x | $239.16 Million |
| Financial Street Holdings Co Ltd (000402) | $17.24 Billion | 10.34% | 2.14x | $1.39 Billion |
| Chongqing Yukaifa Co Ltd (000514) | $280.39 Million | 0.42% | 2.43x | $608.71 Million |
About Shanghai Lujiazui Finance & Trade Zone Development Co Ltd A
Shanghai Lujiazui Finance & Trade Zone Development Co.,Ltd. operates as a real estate company in Pudong New Area. The company develops, sells, operates, and leases real estate properties. Its property portfolio includes office, residential, business, exhibition, hotel, regional development, and charitable properties. The company was founded in 1992 and is based in Shanghai, China.