Shang Hai Ya Tong Co Ltd (600692) - Net Assets
Based on the latest financial reports, Shang Hai Ya Tong Co Ltd (600692) has net assets worth CN¥1.25 Billion CNY (≈ $183.14 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¥4.77 Billion ≈ $697.47 Million USD) and total liabilities (CN¥3.51 Billion ≈ $514.33 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 Shang Hai Ya Tong Co Ltd (600692) tangible net worth to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.25 Billion |
| % of Total Assets | 26.26% |
| Annual Growth Rate | 9.3% |
| 5-Year Change | 51.16% |
| 10-Year Change | 110.97% |
| Growth Volatility | 14.49 |
Shang Hai Ya Tong Co Ltd - Net Assets Trend (1993–2025)
This chart illustrates how Shang Hai Ya Tong Co Ltd's net assets have evolved over time, based on quarterly financial data. See Shang Hai Ya Tong Co Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Shang Hai Ya Tong Co Ltd (1993–2025)
The table below shows the annual net assets of Shang Hai Ya Tong Co Ltd from 1993 to 2025. For live valuation and market cap data, see 600692 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.48 Billion ≈ $216.83 Million |
+3.97% |
| 2024-12-31 | CN¥1.43 Billion ≈ $208.56 Million |
+0.13% |
| 2023-12-31 | CN¥1.42 Billion ≈ $208.29 Million |
+43.97% |
| 2022-12-31 | CN¥988.71 Million ≈ $144.68 Million |
+0.86% |
| 2021-12-31 | CN¥980.25 Million ≈ $143.44 Million |
+3.44% |
| 2020-12-31 | CN¥947.63 Million ≈ $138.67 Million |
+8.16% |
| 2019-12-31 | CN¥876.10 Million ≈ $128.20 Million |
+6.08% |
| 2018-12-31 | CN¥825.91 Million ≈ $120.86 Million |
+6.69% |
| 2017-12-31 | CN¥774.15 Million ≈ $113.28 Million |
+10.22% |
| 2016-12-31 | CN¥702.35 Million ≈ $102.78 Million |
+7.22% |
| 2015-12-31 | CN¥655.07 Million ≈ $95.86 Million |
+14.75% |
| 2014-12-31 | CN¥570.86 Million ≈ $83.53 Million |
+8.01% |
| 2013-12-31 | CN¥528.50 Million ≈ $77.34 Million |
+4.09% |
| 2012-12-31 | CN¥507.75 Million ≈ $74.30 Million |
-3.71% |
| 2011-12-31 | CN¥527.29 Million ≈ $77.16 Million |
+2.49% |
| 2010-12-31 | CN¥514.46 Million ≈ $75.28 Million |
-12.09% |
| 2009-12-31 | CN¥585.20 Million ≈ $85.63 Million |
+0.65% |
| 2008-12-31 | CN¥581.42 Million ≈ $85.08 Million |
+15.52% |
| 2007-12-31 | CN¥503.32 Million ≈ $73.65 Million |
+8.91% |
| 2006-12-31 | CN¥462.12 Million ≈ $67.62 Million |
+9.35% |
| 2005-12-31 | CN¥422.61 Million ≈ $61.84 Million |
+4.54% |
| 2004-12-31 | CN¥404.25 Million ≈ $59.15 Million |
+7.71% |
| 2003-12-31 | CN¥375.30 Million ≈ $54.92 Million |
+9.92% |
| 2002-12-31 | CN¥341.44 Million ≈ $49.96 Million |
+5.33% |
| 2001-12-31 | CN¥324.16 Million ≈ $47.43 Million |
-4.39% |
| 2000-12-31 | CN¥339.05 Million ≈ $49.61 Million |
+8.18% |
| 1999-12-31 | CN¥313.42 Million ≈ $45.86 Million |
+2.48% |
| 1998-12-31 | CN¥305.85 Million ≈ $44.75 Million |
+11.54% |
| 1997-12-31 | CN¥274.20 Million ≈ $40.12 Million |
+66.47% |
| 1996-12-31 | CN¥164.71 Million ≈ $24.10 Million |
+29.50% |
| 1995-12-31 | CN¥127.19 Million ≈ $18.61 Million |
+31.33% |
| 1994-12-31 | CN¥96.84 Million ≈ $14.17 Million |
+12.46% |
| 1993-12-31 | CN¥86.11 Million ≈ $12.60 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shang Hai Ya Tong 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 12447.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥438.72 Million | 45.34% |
| Other Components | CN¥528.99 Million | 54.66% |
| Total Equity | CN¥967.71 Million | 100.00% |
Shang Hai Ya Tong Co Ltd Competitors by Market Cap
The table below lists competitors of Shang Hai Ya Tong Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Portillo's Inc
NASDAQ:PTLO
|
$308.34 Million |
|
Zhejiang Zhenyuan Share Co Ltd
SHE:000705
|
$308.51 Million |
|
Austindo Nusantara Jaya Tbk
JK:ANJT
|
$308.57 Million |
|
D. Boral Acquisition I Corp. Class A Ordinary Shares
NASDAQ:DBCA
|
$308.57 Million |
|
Logo Yazilim Sanayi ve Ticaret AS
IS:LOGO
|
$308.31 Million |
|
High Liner Foods Incorporated
TO:HLF
|
$308.29 Million |
|
StealthGas Inc
NASDAQ:GASS
|
$308.27 Million |
|
Nanjing OLO Home Furnishing
SHG:603326
|
$308.26 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shang Hai Ya Tong Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 937,724,723 to 967,707,905, a change of 29,983,182 (3.2%).
- Net income of 14,393,013 contributed positively to equity growth.
- Dividend payments of 9,603,968 reduced retained earnings.
- Other comprehensive income decreased equity by 116,502,225.
- Other factors increased equity by 141,696,363.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥14.39 Million | +1.49% |
| Dividends Paid | CN¥9.60 Million | -0.99% |
| Other Comprehensive Income | CN¥-116.50 Million | -12.04% |
| Other Changes | CN¥141.70 Million | +14.64% |
| Total Change | CN¥- | 3.20% |
Book Value vs Market Value Analysis
This analysis compares Shang Hai Ya Tong 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: 2.18x
- 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 22.15x to 2.18x 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¥0.27 | CN¥5.99 | x |
| 1994-12-31 | CN¥0.30 | CN¥5.99 | x |
| 1995-12-31 | CN¥0.40 | CN¥5.99 | x |
| 1996-12-31 | CN¥0.52 | CN¥5.99 | x |
| 1997-12-31 | CN¥0.86 | CN¥5.99 | x |
| 1998-12-31 | CN¥0.96 | CN¥5.99 | x |
| 1999-12-31 | CN¥0.98 | CN¥5.99 | x |
| 2000-12-31 | CN¥1.06 | CN¥5.99 | x |
| 2001-12-31 | CN¥1.01 | CN¥5.99 | x |
| 2002-12-31 | CN¥1.07 | CN¥5.99 | x |
| 2003-12-31 | CN¥1.16 | CN¥5.99 | x |
| 2004-12-31 | CN¥1.25 | CN¥5.99 | x |
| 2005-12-31 | CN¥1.32 | CN¥5.99 | x |
| 2006-12-31 | CN¥1.45 | CN¥5.99 | x |
| 2007-12-31 | CN¥1.56 | CN¥5.99 | x |
| 2008-12-31 | CN¥1.64 | CN¥5.99 | x |
| 2009-12-31 | CN¥1.50 | CN¥5.99 | x |
| 2010-12-31 | CN¥1.30 | CN¥5.99 | x |
| 2011-12-31 | CN¥1.31 | CN¥5.99 | x |
| 2012-12-31 | CN¥1.37 | CN¥5.99 | x |
| 2013-12-31 | CN¥1.44 | CN¥5.99 | x |
| 2014-12-31 | CN¥1.55 | CN¥5.99 | x |
| 2015-12-31 | CN¥1.67 | CN¥5.99 | x |
| 2016-12-31 | CN¥1.80 | CN¥5.99 | x |
| 2017-12-31 | CN¥1.98 | CN¥5.99 | x |
| 2018-12-31 | CN¥2.11 | CN¥5.99 | x |
| 2019-12-31 | CN¥2.33 | CN¥5.99 | x |
| 2020-12-31 | CN¥2.50 | CN¥5.99 | x |
| 2021-12-31 | CN¥2.63 | CN¥5.99 | x |
| 2022-12-31 | CN¥2.63 | CN¥5.99 | x |
| 2023-12-31 | CN¥2.62 | CN¥5.99 | x |
| 2024-12-31 | CN¥2.67 | CN¥5.99 | x |
| 2025-12-31 | CN¥2.75 | CN¥5.99 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shang Hai Ya Tong 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): 1.49%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.04%
- • Asset Turnover: 0.26x
- • Equity Multiplier: 5.61x
- Recent ROE (1.49%) is below the historical average (5.48%), 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 | 10.93% | 30.71% | 0.28x | 1.26x | CN¥798.19K |
| 1994 | 11.10% | 27.93% | 0.26x | 1.50x | CN¥1.07 Million |
| 1995 | 12.57% | 24.33% | 0.32x | 1.64x | CN¥3.26 Million |
| 1996 | 14.88% | 28.65% | 0.32x | 1.62x | CN¥8.04 Million |
| 1997 | 10.08% | 26.97% | 0.27x | 1.37x | CN¥226.58K |
| 1998 | 10.35% | 25.76% | 0.30x | 1.34x | CN¥1.07 Million |
| 1999 | 6.22% | 12.77% | 0.31x | 1.58x | CN¥-11.86 Million |
| 2000 | 7.56% | 15.10% | 0.32x | 1.58x | CN¥-8.27 Million |
| 2001 | 4.94% | 8.54% | 0.35x | 1.67x | CN¥-16.36 Million |
| 2002 | 4.96% | 8.22% | 0.38x | 1.59x | CN¥-17.15 Million |
| 2003 | 8.08% | 12.38% | 0.36x | 1.80x | CN¥-7.11 Million |
| 2004 | 6.86% | 9.67% | 0.37x | 1.92x | CN¥-12.48 Million |
| 2005 | 5.64% | 6.29% | 0.46x | 1.95x | CN¥-18.34 Million |
| 2006 | 5.50% | 6.23% | 0.51x | 1.74x | CN¥-20.77 Million |
| 2007 | 5.99% | 6.80% | 0.46x | 1.91x | CN¥-20.02 Million |
| 2008 | 4.83% | 5.02% | 0.47x | 2.05x | CN¥-27.14 Million |
| 2009 | 0.75% | 0.90% | 0.42x | 1.96x | CN¥-48.92 Million |
| 2010 | -15.45% | -29.38% | 0.17x | 3.14x | CN¥-116.50 Million |
| 2011 | 0.80% | 1.35% | 0.20x | 2.89x | CN¥-42.48 Million |
| 2012 | 4.10% | 3.21% | 0.45x | 2.83x | CN¥-28.38 Million |
| 2013 | 5.15% | 5.63% | 0.40x | 2.31x | CN¥-24.62 Million |
| 2014 | 7.02% | 8.10% | 0.24x | 3.65x | CN¥-16.27 Million |
| 2015 | 7.02% | 7.88% | 0.21x | 4.28x | CN¥-17.47 Million |
| 2016 | 7.43% | 5.10% | 0.36x | 4.02x | CN¥-16.28 Million |
| 2017 | 9.15% | 5.26% | 0.58x | 3.00x | CN¥-5.90 Million |
| 2018 | 5.81% | 5.86% | 0.38x | 2.61x | CN¥-31.06 Million |
| 2019 | 4.16% | 3.97% | 0.33x | 3.14x | CN¥-47.92 Million |
| 2020 | 6.66% | 5.85% | 0.36x | 3.20x | CN¥-29.42 Million |
| 2021 | 4.93% | 3.03% | 0.57x | 2.84x | CN¥-46.97 Million |
| 2022 | 0.49% | 0.37% | 0.41x | 3.19x | CN¥-88.06 Million |
| 2023 | 0.26% | 0.19% | 0.44x | 3.20x | CN¥-90.23 Million |
| 2024 | 0.68% | 0.96% | 0.13x | 5.53x | CN¥-87.42 Million |
| 2025 | 1.49% | 1.04% | 0.26x | 5.61x | CN¥-82.38 Million |
Industry Comparison
This section compares Shang Hai Ya Tong Co Ltd's net assets metrics with peer companies in the Marine Shipping industry.
Industry Context
- Industry: Marine Shipping
- Average net assets among peers: $14,869,905,731
- Average return on equity (ROE) among peers: 8.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shang Hai Ya Tong Co Ltd (600692) | CN¥1.25 Billion | 10.93% | 2.81x | $308.33 Million |
| Shenzhen Yan Tian Port Holdings Co Ltd (000088) | $10.85 Billion | 4.35% | 0.51x | $3.27 Billion |
| Zhuhai Port Co Ltd (000507) | $1.15 Billion | 12.24% | 1.26x | $639.28 Million |
| Chang Jiang Shipping Group Phoenix Co Ltd (000520) | $103.67 Million | 26.54% | 0.09x | $650.16 Million |
| Beibuwan Port Co Ltd (000582) | $434.40 Million | -10.35% | 0.66x | $4.23 Billion |
| Xiamen Port Development Co Ltd (000905) | $1.02 Billion | 3.73% | 1.77x | $1.93 Billion |
| Nanjing Shenghang Shipping Co Ltd (001205) | $96.85 Million | 23.13% | 2.01x | $388.45 Million |
| China Merchants Port Group Co Ltd (001872) | $131.30 Billion | 3.51% | 0.56x | $6.55 Billion |
| Nanjing Port Co Ltd (002040) | $659.56 Million | 3.10% | 0.60x | $596.21 Million |
| Hainan Strait Shipping Co Ltd (002320) | $1.89 Billion | 7.01% | 0.04x | $2.21 Billion |
| Guangdong Great River Smarter Logistics Co Ltd Class A (002930) | $1.19 Billion | 7.77% | 0.57x | $623.26 Million |
About Shang Hai Ya Tong Co Ltd
Shang Hai Ya Tong Co.,Ltd. engages in real estate development business in China. The company focuses on commercial housing and affordable housing projects. It is also involved in the construction and operation of photovoltaic power plants and wind farms, communication network construction, construction and maintenance business, and production and sales of concrete products, as well as undertaking… Read more