Shandong Hiking International Co Ltd Class A

SHG:600735 China Industrial Distribution
Market Cap
$393.29 Million
CN¥2.89 Billion CNY
Market Cap Rank
#14587 Global
#3851 in China
Share Price
CN¥6.73
Change (1 day)
+0.00%
52-Week Range
CN¥4.35 - CN¥10.17
All Time High
CN¥25.09
Categories
Companies in China Industrial Distribution
About

Shandong Hiking International Co.,Ltd operates in trading business in China and internationally. The company offers textiles, clothing, and garment products. It also provides hair products, including men's hairpieces, women's wigs, hair extensions, wigs, human hair springs, and wig accessories, etc.; and human hair and chemical fiber mixed hair products. In addition, it engages in the cross-borde… Read more

Shandong Hiking International Co Ltd Class A (600735) - Net Assets

Latest net assets as of September 2025: CN¥1.38 Billion CNY

Based on the latest financial reports, Shandong Hiking International Co Ltd Class A (600735) has net assets worth CN¥1.38 Billion 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¥1.80 Billion) and total liabilities (CN¥422.42 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¥1.38 Billion
% of Total Assets 76.52%
Annual Growth Rate 8.44%
5-Year Change 35.43%
10-Year Change 91.84%
Growth Volatility 214.6

Shandong Hiking International Co Ltd Class A - Net Assets Trend (1995–2024)

This chart illustrates how Shandong Hiking International Co Ltd Class 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 Shandong Hiking International Co Ltd Class A (1995–2024)

The table below shows the annual net assets of Shandong Hiking International Co Ltd Class A from 1995 to 2024.

Year Net Assets Change
2024-12-31 CN¥1.39 Billion -8.45%
2023-12-31 CN¥1.52 Billion -1.71%
2022-12-31 CN¥1.54 Billion +35.29%
2021-12-31 CN¥1.14 Billion +11.25%
2020-12-31 CN¥1.02 Billion +0.91%
2019-12-31 CN¥1.02 Billion +8.26%
2018-12-31 CN¥938.20 Million +7.58%
2017-12-31 CN¥872.11 Million +7.95%
2016-12-31 CN¥807.88 Million +11.66%
2015-12-31 CN¥723.49 Million +6.06%
2014-12-31 CN¥682.15 Million +8.88%
2013-12-31 CN¥626.53 Million +5.91%
2012-12-31 CN¥591.57 Million +131.26%
2011-12-31 CN¥255.80 Million +6.70%
2010-12-31 CN¥239.74 Million -15.53%
2009-12-31 CN¥283.82 Million +19.24%
2008-12-31 CN¥238.01 Million +0.37%
2007-12-31 CN¥237.13 Million +1167.14%
2006-12-31 CN¥18.71 Million -61.18%
2005-12-31 CN¥48.21 Million -26.16%
2004-12-31 CN¥65.28 Million +10.30%
2003-12-31 CN¥59.19 Million -75.41%
2002-12-31 CN¥240.72 Million -20.46%
2001-12-31 CN¥302.65 Million -2.90%
2000-12-31 CN¥311.68 Million +53.05%
1999-12-31 CN¥203.64 Million +9.99%
1998-12-31 CN¥185.15 Million +15.80%
1997-12-31 CN¥159.88 Million +19.89%
1996-12-31 CN¥133.36 Million +0.80%
1995-12-31 CN¥132.30 Million --

Equity Component Analysis

This analysis shows how different components contribute to Shandong Hiking International Co Ltd Class 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 687.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥313.04 Million 25.95%
Common Stock CN¥428.78 Million 35.55%
Other Comprehensive Income CN¥283.46 Million 23.50%
Other Components CN¥181.01 Million 15.01%
Total Equity CN¥1.21 Billion 100.00%

Shandong Hiking International Co Ltd Class A Competitors by Market Cap

The table below lists competitors of Shandong Hiking International Co Ltd Class A ranked by their market capitalization.

Company Market Cap
Guangdong Guoli Sci&Tech Co Ltd Class A
SHE:300716
 		$218.29 Million
Caregen Co.Ltd
KQ:214370
 		$218.31 Million
Ser Educacional Sa
SA:SEER3
 		$218.32 Million
China Man-Made Fiber Corp
TW:1718
 		$218.37 Million
Vats Liquor Chain Store Management Joint Stock Co Ltd
SHE:300755
 		$218.25 Million
TA-I Technology Co Ltd
TW:2478
 		$218.24 Million
Shree Renuka Sugars Limited
NSE:RENUKA
 		$218.20 Million
Henan Provincial Communications Planning & Design Institute Co Ltd Class A
SHE:300732
 		$218.19 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Shandong Hiking International Co Ltd Class A's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,338,548,895 to 1,206,288,067, a change of -132,260,828 (-9.9%).
  • Net loss of 133,784,242 reduced equity.
  • Dividend payments of 40,209,365 reduced retained earnings.
  • Other comprehensive income increased equity by 270,244,880.
  • Other factors decreased equity by 228,512,101.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-133.78 Million -11.09%
Dividends Paid CN¥40.21 Million -3.33%
Other Comprehensive Income CN¥270.24 Million +22.4%
Other Changes CN¥-228.51 Million -18.94%
Total Change CN¥- -9.88%

Book Value vs Market Value Analysis

This analysis compares Shandong Hiking International Co Ltd Class 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: 2.39x
  • 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 16.29x to 2.39x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1995-12-31 CN¥0.41 CN¥6.73 x
1996-12-31 CN¥0.42 CN¥6.73 x
1997-12-31 CN¥0.50 CN¥6.73 x
1998-12-31 CN¥0.58 CN¥6.73 x
1999-12-31 CN¥0.64 CN¥6.73 x
2000-12-31 CN¥0.97 CN¥6.73 x
2001-12-31 CN¥0.95 CN¥6.73 x
2002-12-31 CN¥0.75 CN¥6.73 x
2003-12-31 CN¥0.18 CN¥6.73 x
2004-12-31 CN¥0.20 CN¥6.73 x
2005-12-31 CN¥0.15 CN¥6.73 x
2006-12-31 CN¥0.06 CN¥6.73 x
2007-12-31 CN¥0.50 CN¥6.73 x
2008-12-31 CN¥0.54 CN¥6.73 x
2009-12-31 CN¥0.70 CN¥6.73 x
2010-12-31 CN¥0.73 CN¥6.73 x
2011-12-31 CN¥0.64 CN¥6.73 x
2012-12-31 CN¥1.46 CN¥6.73 x
2013-12-31 CN¥1.54 CN¥6.73 x
2014-12-31 CN¥1.67 CN¥6.73 x
2015-12-31 CN¥1.77 CN¥6.73 x
2016-12-31 CN¥2.06 CN¥6.73 x
2017-12-31 CN¥2.19 CN¥6.73 x
2018-12-31 CN¥2.36 CN¥6.73 x
2019-12-31 CN¥2.56 CN¥6.73 x
2020-12-31 CN¥2.49 CN¥6.73 x
2021-12-31 CN¥2.64 CN¥6.73 x
2022-12-31 CN¥3.35 CN¥6.73 x
2023-12-31 CN¥3.12 CN¥6.73 x
2024-12-31 CN¥2.81 CN¥6.73 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shandong Hiking International Co Ltd Class 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): -11.09%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -8.17%
  • • Asset Turnover: 0.86x
  • • Equity Multiplier: 1.57x
  • Recent ROE (-11.09%) is below the historical average (-9.77%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1995 5.85% 2.59% 1.43x 1.59x CN¥-5.49 Million
1996 0.80% 0.58% 0.88x 1.56x CN¥-12.28 Million
1997 16.59% 15.57% 0.57x 1.86x CN¥10.53 Million
1998 13.65% 10.13% 0.78x 1.72x CN¥6.75 Million
1999 10.91% 9.79% 0.72x 1.54x CN¥1.86 Million
2000 6.56% 9.09% 0.53x 1.36x CN¥-10.72 Million
2001 3.99% 6.56% 0.40x 1.51x CN¥-18.20 Million
2002 -25.27% -70.47% 0.22x 1.65x CN¥-84.89 Million
2003 -306.71% -158.28% 0.57x 3.42x CN¥-187.45 Million
2004 3.31% 2.21% 0.61x 2.44x CN¥-4.37 Million
2005 -36.74% -17.08% 0.68x 3.15x CN¥-22.53 Million
2006 -162.95% -39.88% 0.55x 7.37x CN¥-32.37 Million
2007 72.42% 6.08% 1.33x 8.94x CN¥97.20 Million
2008 2.76% 0.21% 1.99x 6.59x CN¥-12.27 Million
2009 11.47% 1.14% 1.89x 5.33x CN¥3.22 Million
2010 -5.95% -0.95% 1.89x 3.33x CN¥-36.66 Million
2011 4.99% 1.18% 1.90x 2.22x CN¥-12.12 Million
2012 10.09% 3.35% 1.82x 1.66x CN¥482.54K
2013 7.81% 3.42% 1.49x 1.53x CN¥-12.85 Million
2014 8.96% 4.30% 1.47x 1.41x CN¥-6.69 Million
2015 5.64% 2.98% 1.44x 1.31x CN¥-30.32 Million
2016 7.27% 4.27% 1.28x 1.33x CN¥-20.88 Million
2017 8.97% 5.44% 1.23x 1.34x CN¥-8.46 Million
2018 8.60% 5.60% 1.18x 1.30x CN¥-12.45 Million
2019 12.62% 8.58% 1.09x 1.34x CN¥25.22 Million
2020 9.06% 6.81% 0.95x 1.40x CN¥-8.77 Million
2021 11.71% 7.39% 0.85x 1.85x CN¥16.95 Million
2022 7.77% 5.80% 0.80x 1.67x CN¥-31.10 Million
2023 3.93% 2.22% 1.05x 1.69x CN¥-81.31 Million
2024 -11.09% -8.17% 0.86x 1.57x CN¥-254.41 Million

Industry Comparison

This section compares Shandong Hiking International Co Ltd Class A's net assets metrics with peer companies in the Industrial Distribution industry.

Industry Context

  • Industry: Industrial Distribution
  • Average net assets among peers: $1,660,628,021
  • Average return on equity (ROE) among peers: 10.31%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shandong Hiking International Co Ltd Class A (600735) CN¥1.38 Billion 5.85% 0.31x $218.27 Million
China National Complete Plant Import & Export Corp Ltd (000151) $1.00 Billion 8.34% 1.16x $293.72 Million
Sichuan Goldstone Orient New Material Equipment Co Ltd (300434) $2.47 Billion 3.72% 0.24x $278.37 Million
Zhe Jiang Dong Ri Ltd Co (600113) $475.63 Million 19.44% 0.85x $1.60 Billion
Orient Group Inc (600811) $3.78 Billion 4.32% 0.87x $129.75 Million
Asian Star Anchor Chain Co Ltd Jiangsu (601890) $577.92 Million 15.75% 2.09x $941.63 Million