Shanghai Phoenix Enterprise Group Co Ltd A (600679) - Net Assets
Based on the latest financial reports, Shanghai Phoenix Enterprise Group Co Ltd A (600679) has net assets worth CN¥2.16 Billion CNY (≈ $316.81 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¥3.30 Billion ≈ $483.57 Million USD) and total liabilities (CN¥1.14 Billion ≈ $166.77 Million 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 tangible net worth ratio of Shanghai Phoenix Enterprise Group Co Ltd to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.16 Billion |
| % of Total Assets | 65.51% |
| Annual Growth Rate | 12.19% |
| 5-Year Change | -12.89% |
| 10-Year Change | 66.32% |
| Growth Volatility | 445.89 |
Shanghai Phoenix Enterprise Group Co Ltd A - Net Assets Trend (1990–2025)
This chart illustrates how Shanghai Phoenix Enterprise Group Co Ltd A's net assets have evolved over time, based on quarterly financial data. See 600679 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Shanghai Phoenix Enterprise Group Co Ltd A (1990–2025)
The table below shows the annual net assets of Shanghai Phoenix Enterprise Group Co Ltd A from 1990 to 2025. For live valuation and market cap data, see Shanghai Phoenix Enterprise Group Co Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥2.17 Billion ≈ $316.93 Million |
+5.76% |
| 2024-12-31 | CN¥2.05 Billion ≈ $299.66 Million |
-5.71% |
| 2023-12-31 | CN¥2.17 Billion ≈ $317.80 Million |
+1.97% |
| 2022-12-31 | CN¥2.13 Billion ≈ $311.67 Million |
-14.33% |
| 2021-12-31 | CN¥2.49 Billion ≈ $363.83 Million |
+28.68% |
| 2020-12-31 | CN¥1.93 Billion ≈ $282.74 Million |
+32.44% |
| 2019-12-31 | CN¥1.46 Billion ≈ $213.48 Million |
+3.64% |
| 2018-12-31 | CN¥1.41 Billion ≈ $205.98 Million |
+0.55% |
| 2017-12-31 | CN¥1.40 Billion ≈ $204.86 Million |
+7.50% |
| 2016-12-31 | CN¥1.30 Billion ≈ $190.56 Million |
+4.07% |
| 2015-12-31 | CN¥1.25 Billion ≈ $183.11 Million |
+80.67% |
| 2014-12-31 | CN¥692.61 Million ≈ $101.35 Million |
+7.98% |
| 2013-12-31 | CN¥641.42 Million ≈ $93.86 Million |
-8.39% |
| 2012-12-31 | CN¥700.15 Million ≈ $102.45 Million |
+0.24% |
| 2011-12-31 | CN¥698.44 Million ≈ $102.20 Million |
-5.23% |
| 2010-12-31 | CN¥737.02 Million ≈ $107.85 Million |
+1.29% |
| 2009-12-31 | CN¥727.62 Million ≈ $106.47 Million |
-4.69% |
| 2008-12-31 | CN¥763.45 Million ≈ $111.72 Million |
-8.54% |
| 2007-12-31 | CN¥834.74 Million ≈ $122.15 Million |
+23.83% |
| 2006-12-31 | CN¥674.13 Million ≈ $98.65 Million |
+0.01% |
| 2005-12-31 | CN¥674.08 Million ≈ $98.64 Million |
-37.03% |
| 2004-12-31 | CN¥1.07 Billion ≈ $156.64 Million |
+1.54% |
| 2003-12-31 | CN¥1.05 Billion ≈ $154.27 Million |
+2.52% |
| 2002-12-31 | CN¥1.03 Billion ≈ $150.49 Million |
+8.78% |
| 2001-12-31 | CN¥945.40 Million ≈ $138.34 Million |
+2.13% |
| 2000-12-31 | CN¥925.66 Million ≈ $135.45 Million |
+4.81% |
| 1999-12-31 | CN¥883.20 Million ≈ $129.24 Million |
+0.62% |
| 1998-12-31 | CN¥877.76 Million ≈ $128.44 Million |
-17.61% |
| 1997-12-31 | CN¥1.07 Billion ≈ $155.91 Million |
+0.22% |
| 1996-12-31 | CN¥1.06 Billion ≈ $155.56 Million |
-1.31% |
| 1995-12-31 | CN¥1.08 Billion ≈ $157.63 Million |
-- |
| 1994-12-31 | CN¥0.00 ≈ $0.00 |
-- |
| 1993-12-31 | CN¥1.08 Billion ≈ $157.54 Million |
+2635.45% |
| 1992-12-31 | CN¥39.36 Million ≈ $5.76 Million |
-5.48% |
| 1991-12-31 | CN¥41.64 Million ≈ $6.09 Million |
+7.70% |
| 1990-12-31 | CN¥38.66 Million ≈ $5.66 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Shanghai Phoenix Enterprise Group 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 decreased by 770.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥2.22 Billion | 104.09% |
| Total Equity | CN¥2.13 Billion | 100.00% |
Shanghai Phoenix Enterprise Group Co Ltd A Competitors by Market Cap
The table below lists competitors of Shanghai Phoenix Enterprise Group Co Ltd A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tianjin Jieqiang Power Equipment Co
SHE:300875
|
$469.82 Million |
|
Sinyi Realty Inc
TW:9940
|
$470.10 Million |
|
Nanjing Railway New Technology Co.Ltd.
SHE:301016
|
$470.11 Million |
|
Husqvarna AB (publ)
ST:HUSQ-A
|
$470.16 Million |
|
WHA UTILITIES AND PO
BK:WHAUP-R
|
$469.73 Million |
|
Pansoft Company Limited
SHE:300996
|
$469.65 Million |
|
Oriental Kopi Holdings Berhad
KLSE:0338
|
$469.50 Million |
|
ZRP Printing Group Co. Ltd.
SHE:301223
|
$469.13 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shanghai Phoenix Enterprise Group Co Ltd A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,033,832,956 to 2,133,168,022, a change of 99,335,066 (4.9%).
- Net income of 106,713,802 contributed positively to equity growth.
- Dividend payments of 8,223,830 reduced retained earnings.
- Other comprehensive income decreased equity by 207,927,257.
- Other factors increased equity by 208,772,351.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥106.71 Million | +5.0% |
| Dividends Paid | CN¥8.22 Million | -0.39% |
| Other Comprehensive Income | CN¥-207.93 Million | -9.75% |
| Other Changes | CN¥208.77 Million | +9.79% |
| Total Change | CN¥- | 4.88% |
Book Value vs Market Value Analysis
This analysis compares Shanghai Phoenix Enterprise Group 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: 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 85.26x 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 |
|---|---|---|---|
| 1990-12-31 | CN¥0.11 | CN¥9.34 | x |
| 1991-12-31 | CN¥0.12 | CN¥9.34 | x |
| 1992-12-31 | CN¥0.11 | CN¥9.34 | x |
| 1993-12-31 | CN¥3.05 | CN¥9.34 | x |
| 1994-12-31 | CN¥3.40 | CN¥9.34 | x |
| 1995-12-31 | CN¥3.05 | CN¥9.34 | x |
| 1996-12-31 | CN¥3.01 | CN¥9.34 | x |
| 1997-12-31 | CN¥3.02 | CN¥9.34 | x |
| 1998-12-31 | CN¥2.49 | CN¥9.34 | x |
| 1999-12-31 | CN¥2.50 | CN¥9.34 | x |
| 2000-12-31 | CN¥2.62 | CN¥9.34 | x |
| 2001-12-31 | CN¥2.46 | CN¥9.34 | x |
| 2002-12-31 | CN¥2.47 | CN¥9.34 | x |
| 2003-12-31 | CN¥2.48 | CN¥9.34 | x |
| 2004-12-31 | CN¥2.49 | CN¥9.34 | x |
| 2005-12-31 | CN¥1.38 | CN¥9.34 | x |
| 2006-12-31 | CN¥1.40 | CN¥9.34 | x |
| 2007-12-31 | CN¥1.82 | CN¥9.34 | x |
| 2008-12-31 | CN¥1.58 | CN¥9.34 | x |
| 2009-12-31 | CN¥1.72 | CN¥9.34 | x |
| 2010-12-31 | CN¥1.68 | CN¥9.34 | x |
| 2011-12-31 | CN¥1.63 | CN¥9.34 | x |
| 2012-12-31 | CN¥1.67 | CN¥9.34 | x |
| 2013-12-31 | CN¥1.68 | CN¥9.34 | x |
| 2014-12-31 | CN¥1.88 | CN¥9.34 | x |
| 2015-12-31 | CN¥3.33 | CN¥9.34 | x |
| 2016-12-31 | CN¥3.13 | CN¥9.34 | x |
| 2017-12-31 | CN¥3.33 | CN¥9.34 | x |
| 2018-12-31 | CN¥3.32 | CN¥9.34 | x |
| 2019-12-31 | CN¥3.42 | CN¥9.34 | x |
| 2020-12-31 | CN¥4.73 | CN¥9.34 | x |
| 2021-12-31 | CN¥5.08 | CN¥9.34 | x |
| 2022-12-31 | CN¥4.11 | CN¥9.34 | x |
| 2023-12-31 | CN¥4.19 | CN¥9.34 | x |
| 2024-12-31 | CN¥3.95 | CN¥9.34 | x |
| 2025-12-31 | CN¥4.14 | CN¥9.34 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shanghai Phoenix Enterprise Group 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): 5.00%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.95%
- • Asset Turnover: 0.64x
- • Equity Multiplier: 1.57x
- Recent ROE (5.00%) is below the historical average (20.98%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1990 | 235.00% | 10.65% | 7.51x | 2.94x | CN¥86.98 Million |
| 1991 | 238.51% | 9.80% | 7.86x | 3.10x | CN¥95.14 Million |
| 1992 | 257.32% | 7.63% | 8.72x | 3.87x | CN¥97.34 Million |
| 1993 | 7.83% | 13.68% | 0.36x | 1.58x | CN¥-23.34 Million |
| 1994 | 9.82% | 6.76% | 0.90x | 1.62x | CN¥-2.17 Million |
| 1995 | 3.37% | 2.17% | 0.87x | 1.79x | CN¥-71.41 Million |
| 1996 | -4.64% | -3.19% | 0.77x | 1.88x | CN¥-155.61 Million |
| 1997 | 0.22% | 0.15% | 0.77x | 1.92x | CN¥-104.19 Million |
| 1998 | -21.45% | -17.73% | 0.55x | 2.19x | CN¥-276.07 Million |
| 1999 | 0.62% | 0.75% | 0.39x | 2.11x | CN¥-82.88 Million |
| 2000 | 2.76% | 3.71% | 0.39x | 1.89x | CN¥-66.98 Million |
| 2001 | 2.11% | 2.34% | 0.41x | 2.22x | CN¥-68.39 Million |
| 2002 | 0.89% | 0.58% | 0.65x | 2.37x | CN¥-79.35 Million |
| 2003 | 0.48% | 0.29% | 0.70x | 2.33x | CN¥-83.33 Million |
| 2004 | 0.53% | 0.23% | 0.89x | 2.57x | CN¥-83.32 Million |
| 2005 | 1.50% | 0.44% | 1.09x | 3.10x | CN¥-41.43 Million |
| 2006 | 1.31% | 0.38% | 1.14x | 3.05x | CN¥-42.91 Million |
| 2007 | 0.93% | 0.35% | 1.04x | 2.56x | CN¥-58.23 Million |
| 2008 | 0.76% | 0.29% | 1.06x | 2.52x | CN¥-51.53 Million |
| 2009 | 0.55% | 0.37% | 0.74x | 2.01x | CN¥-57.60 Million |
| 2010 | 1.26% | 0.82% | 0.70x | 2.18x | CN¥-52.00 Million |
| 2011 | 0.71% | 0.40% | 0.88x | 2.02x | CN¥-53.69 Million |
| 2012 | 0.69% | 0.51% | 0.64x | 2.11x | CN¥-54.86 Million |
| 2013 | 1.47% | 1.24% | 0.60x | 1.97x | CN¥-50.75 Million |
| 2014 | 5.80% | 6.33% | 0.50x | 1.82x | CN¥-27.89 Million |
| 2015 | 0.30% | 0.79% | 0.27x | 1.38x | CN¥-118.20 Million |
| 2016 | 4.19% | 8.39% | 0.36x | 1.39x | CN¥-73.41 Million |
| 2017 | 5.74% | 5.38% | 0.75x | 1.42x | CN¥-57.01 Million |
| 2018 | 1.51% | 2.65% | 0.43x | 1.32x | CN¥-113.70 Million |
| 2019 | 1.96% | 2.76% | 0.53x | 1.34x | CN¥-110.54 Million |
| 2020 | 3.19% | 4.41% | 0.51x | 1.41x | CN¥-129.43 Million |
| 2021 | 4.21% | 5.05% | 0.59x | 1.41x | CN¥-142.95 Million |
| 2022 | -14.56% | -19.13% | 0.53x | 1.43x | CN¥-519.61 Million |
| 2023 | 2.10% | 2.60% | 0.53x | 1.51x | CN¥-170.57 Million |
| 2024 | -6.84% | -6.35% | 0.66x | 1.63x | CN¥-342.48 Million |
| 2025 | 5.00% | 4.95% | 0.64x | 1.57x | CN¥-106.60 Million |
Industry Comparison
This section compares Shanghai Phoenix Enterprise Group Co Ltd A's net assets metrics with peer companies in the Leisure industry.
Industry Context
- Industry: Leisure
- Average net assets among peers: $1,080,734,563
- Average return on equity (ROE) among peers: -37.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shanghai Phoenix Enterprise Group Co Ltd A (600679) | CN¥2.16 Billion | 235.00% | 0.53x | $469.74 Million |
| China Bicycle Co Holdings Ltd (000017) | $13.39 Million | -1.03% | 2.43x | $339.95 Million |
| HL Corp Shenzhen (002105) | $871.84 Million | -7.35% | 0.91x | $291.01 Million |
| Goldlok Toys Holdings Guangdong Co Ltd (002348) | $1.16 Billion | 5.62% | 0.01x | $1.71 Billion |
| Guangdong Qunxing Toys Joint-Stock Co Ltd (002575) | $862.71 Million | -7.61% | 0.19x | $537.67 Million |
| Shanghai Yaoji Playing Card Co Ltd (002605) | $2.45 Billion | 23.39% | 0.62x | $1.15 Billion |
| Xiamen Comfort Science&Technology Group Co Ltd (002614) | $2.33 Billion | 7.73% | 0.68x | $435.37 Million |
| Guangzhou Pearl River Piano Group Co Ltd (002678) | $1.81 Billion | 10.88% | 0.26x | $1.03 Billion |
| Shifeng Cultural Development Co Ltd (002862) | $179.37 Million | 19.70% | 0.56x | $360.64 Million |
| Impulse Qingdao Health Tech Co Ltd (002899) | $1.08 Billion | 3.65% | 0.26x | $528.36 Million |
| China Bicycle Co Holdings Ltd (200017) | $41.75 Million | -426.25% | 57.91x | $52.33 Million |
About Shanghai Phoenix Enterprise Group Co Ltd A
Shanghai Phoenix Enterprise (Group) Co., Ltd. produces and sells bicycles under the Phoenix brand in China. It is also involved in real estate development and construction activities and quasi-financial business. The company offers mopeds, two-wheeled motorcycles, baby carriages, fitness equipment, bicycle industrial equipment and molds; operation and management of supporting products, properties… Read more