Shanghai Sanmao Enterprise Group Co Ltd A

SHG:600689 China Textile Manufacturing
Market Cap
$270.09 Million
CN¥1.98 Billion CNY
Market Cap Rank
#13379 Global
#3398 in China
Share Price
CN¥13.02
Change (1 day)
+2.28%
52-Week Range
CN¥9.66 - CN¥16.05
All Time High
CN¥25.81
About

Shanghai Sanmao Enterprise (Group) Co., Ltd. imports and exports textiles and light industrial products in China and internationally. It provides security services, such as human prevention, technical prevention, security risk assessment, and other security services; and labor services. The company is involved in park property leasing, E-commerce, investment consulting, investment management, doo… Read more

Shanghai Sanmao Enterprise Group Co Ltd A (600689) - Net Assets

Latest net assets as of September 2025: CN¥473.58 Million CNY

Based on the latest financial reports, Shanghai Sanmao Enterprise Group Co Ltd A (600689) has net assets worth CN¥473.58 Million CNY as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.05 Billion) and total liabilities (CN¥577.45 Million). 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.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥473.58 Million
% of Total Assets 45.06%
Annual Growth Rate 2.08%
5-Year Change 8.19%
10-Year Change 34.24%
Growth Volatility 21.62

Shanghai Sanmao Enterprise Group Co Ltd A - Net Assets Trend (1993–2024)

This chart illustrates how Shanghai Sanmao Enterprise Group Co Ltd A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Shanghai Sanmao Enterprise Group Co Ltd A (1993–2024)

The table below shows the annual net assets of Shanghai Sanmao Enterprise Group Co Ltd A from 1993 to 2024.

Year Net Assets Change
2024-12-31 CN¥461.37 Million +4.17%
2023-12-31 CN¥442.92 Million +4.14%
2022-12-31 CN¥425.32 Million -2.95%
2021-12-31 CN¥438.23 Million +2.77%
2020-12-31 CN¥426.43 Million -10.20%
2019-12-31 CN¥474.87 Million +0.95%
2018-12-31 CN¥470.41 Million +0.31%
2017-12-31 CN¥468.95 Million +7.40%
2016-12-31 CN¥436.64 Million +27.05%
2015-12-31 CN¥343.68 Million -18.31%
2014-12-31 CN¥420.72 Million +26.39%
2013-12-31 CN¥332.87 Million -11.93%
2012-12-31 CN¥377.94 Million -11.32%
2011-12-31 CN¥426.20 Million +2.38%
2010-12-31 CN¥416.29 Million +2.94%
2009-12-31 CN¥404.39 Million +6.41%
2008-12-31 CN¥380.02 Million -2.80%
2007-12-31 CN¥390.96 Million +80.18%
2006-12-31 CN¥216.99 Million -36.13%
2005-12-31 CN¥339.71 Million -0.44%
2004-12-31 CN¥341.23 Million -37.40%
2003-12-31 CN¥545.05 Million -1.97%
2002-12-31 CN¥556.00 Million +2.54%
2001-12-31 CN¥542.23 Million -10.00%
2000-12-31 CN¥602.47 Million +23.15%
1999-12-31 CN¥489.20 Million +6.66%
1998-12-31 CN¥458.67 Million +51.33%
1997-12-31 CN¥303.09 Million -2.27%
1996-12-31 CN¥310.13 Million +8.61%
1995-12-31 CN¥285.55 Million +3.70%
1994-12-31 CN¥275.36 Million +12.97%
1993-12-31 CN¥243.75 Million --

Equity Component Analysis

This analysis shows how different components contribute to Shanghai Sanmao 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 56.1% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥4.11 Million 0.89%
Common Stock CN¥200.99 Million 43.54%
Other Comprehensive Income CN¥74.97 Million 16.24%
Other Components CN¥181.56 Million 39.33%
Total Equity CN¥461.63 Million 100.00%

Shanghai Sanmao Enterprise Group Co Ltd A Competitors by Market Cap

The table below lists competitors of Shanghai Sanmao Enterprise Group Co Ltd A ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Shanghai Sanmao Enterprise Group Co Ltd A's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 443,183,579 to 461,633,882, a change of 18,450,303 (4.2%).
  • Net income of 18,450,302 contributed positively to equity growth.
  • Other comprehensive income increased equity by 73,973,969.
  • Other factors decreased equity by 73,973,968.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥18.45 Million +4.0%
Other Comprehensive Income CN¥73.97 Million +16.02%
Other Changes CN¥-73.97 Million -16.02%
Total Change CN¥- 4.16%

Book Value vs Market Value Analysis

This analysis compares Shanghai Sanmao 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: 5.78x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 10.72x to 5.78x 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¥1.21 CN¥13.02 x
1994-12-31 CN¥1.38 CN¥13.02 x
1995-12-31 CN¥1.37 CN¥13.02 x
1996-12-31 CN¥1.40 CN¥13.02 x
1997-12-31 CN¥1.43 CN¥13.02 x
1998-12-31 CN¥2.22 CN¥13.02 x
1999-12-31 CN¥2.41 CN¥13.02 x
2000-12-31 CN¥2.44 CN¥13.02 x
2001-12-31 CN¥2.43 CN¥13.02 x
2002-12-31 CN¥2.53 CN¥13.02 x
2003-12-31 CN¥2.58 CN¥13.02 x
2004-12-31 CN¥1.62 CN¥13.02 x
2005-12-31 CN¥1.66 CN¥13.02 x
2006-12-31 CN¥1.09 CN¥13.02 x
2007-12-31 CN¥1.93 CN¥13.02 x
2008-12-31 CN¥1.78 CN¥13.02 x
2009-12-31 CN¥1.99 CN¥13.02 x
2010-12-31 CN¥2.05 CN¥13.02 x
2011-12-31 CN¥1.98 CN¥13.02 x
2012-12-31 CN¥1.84 CN¥13.02 x
2013-12-31 CN¥1.58 CN¥13.02 x
2014-12-31 CN¥2.03 CN¥13.02 x
2015-12-31 CN¥1.61 CN¥13.02 x
2016-12-31 CN¥2.11 CN¥13.02 x
2017-12-31 CN¥2.22 CN¥13.02 x
2018-12-31 CN¥2.14 CN¥13.02 x
2019-12-31 CN¥2.31 CN¥13.02 x
2020-12-31 CN¥2.17 CN¥13.02 x
2021-12-31 CN¥2.18 CN¥13.02 x
2022-12-31 CN¥2.12 CN¥13.02 x
2023-12-31 CN¥2.27 CN¥13.02 x
2024-12-31 CN¥2.25 CN¥13.02 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shanghai Sanmao 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): 4.00%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 1.53%
  • • Asset Turnover: 1.32x
  • • Equity Multiplier: 1.97x
  • Recent ROE (4.00%) is above the historical average (0.24%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1993 11.58% 17.92% 0.41x 1.59x CN¥3.83 Million
1994 12.01% 19.58% 0.41x 1.51x CN¥5.52 Million
1995 7.40% 8.72% 0.51x 1.66x CN¥-7.12 Million
1996 3.67% 3.70% 0.51x 1.96x CN¥-17.66 Million
1997 0.62% 0.69% 0.45x 2.01x CN¥-26.77 Million
1998 7.39% 12.66% 0.35x 1.65x CN¥-11.57 Million
1999 8.49% 14.78% 0.34x 1.68x CN¥-7.28 Million
2000 9.53% 6.98% 0.64x 2.12x CN¥-2.30 Million
2001 0.41% 0.29% 0.61x 2.28x CN¥-46.52 Million
2002 1.03% 0.56% 0.68x 2.71x CN¥-45.33 Million
2003 1.66% 0.67% 1.03x 2.41x CN¥-42.85 Million
2004 -58.71% -13.71% 1.43x 2.98x CN¥-222.51 Million
2005 2.21% 0.50% 1.73x 2.56x CN¥-25.81 Million
2006 -51.74% -7.52% 2.01x 3.42x CN¥-135.63 Million
2007 26.74% 6.50% 1.69x 2.44x CN¥64.95 Million
2008 8.43% 2.10% 1.69x 2.38x CN¥-5.69 Million
2009 3.51% 1.03% 1.46x 2.34x CN¥-25.17 Million
2010 3.91% 0.94% 1.35x 3.07x CN¥-24.35 Million
2011 4.54% 0.75% 2.30x 2.63x CN¥-22.27 Million
2012 -13.08% -1.81% 2.22x 3.26x CN¥-83.67 Million
2013 -14.61% -2.85% 1.87x 2.74x CN¥-79.48 Million
2014 14.78% 4.67% 1.56x 2.03x CN¥19.40 Million
2015 -11.78% -3.44% 1.48x 2.32x CN¥-71.67 Million
2016 21.82% 8.03% 1.45x 1.87x CN¥50.11 Million
2017 4.51% 1.62% 1.70x 1.64x CN¥-25.19 Million
2018 2.34% 0.78% 1.87x 1.60x CN¥-35.25 Million
2019 1.76% 0.60% 1.89x 1.56x CN¥-38.27 Million
2020 -8.30% -3.74% 1.38x 1.61x CN¥-78.07 Million
2021 2.69% 1.35% 1.14x 1.76x CN¥-32.04 Million
2022 -3.03% -1.25% 1.29x 1.88x CN¥-55.47 Million
2023 3.97% 1.61% 1.37x 1.80x CN¥-26.72 Million
2024 4.00% 1.53% 1.32x 1.97x CN¥-27.71 Million

Industry Comparison

This section compares Shanghai Sanmao Enterprise Group Co Ltd A's net assets metrics with peer companies in the Textile Manufacturing industry.

Industry Context

  • Industry: Textile Manufacturing
  • Average net assets among peers: $1,795,982,958
  • Average return on equity (ROE) among peers: 7.16%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shanghai Sanmao Enterprise Group Co Ltd A (600689) CN¥473.58 Million 11.58% 1.22x $262.35 Million
Shijiazhuang Changshan Textile Co Ltd (000158) $1.53 Billion 2.52% 1.22x $2.44 Billion
Jilin Chemical Fibre Co Ltd (000420) $1.16 Billion 6.10% 0.81x $1.19 Billion
Anhui Huamao Textile Co Ltd (000850) $1.63 Billion 4.35% 1.28x $311.51 Million
Xinxiang Chemical Fiber Co Ltd (000949) $6.20 Billion 22.31% 0.81x $1.06 Billion
Xinlong Holding Group Co Ltd (000955) $738.77 Million -3.85% 0.26x $265.62 Million
Jiiangsu Times Textile Technology Co.LTD (001234) $901.49 Million 7.81% 0.35x $99.83 Million
Anhui Guqi Down & Feather (001390) $745.51 Million 16.34% 0.61x $26.11K
Huafu Top Dyed Melange Yarn Co Ltd (002042) $284.04 Million 2.07% 1.02x $564.44 Million
Sunvim Group Co Ltd (002083) $2.99 Billion 10.39% 1.56x $850.10 Million
Hongda High-Tech Holding Co Ltd (002144) $1.77 Billion 3.62% 0.10x $222.31 Million