Shandong Hiking International Co Ltd Class A (600735) - Net Assets
Based on the latest financial reports, Shandong Hiking International Co Ltd Class A (600735) has net assets worth CN¥1.38 Billion CNY (≈ $201.40 Million USD) 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 ≈ $263.21 Million USD) and total liabilities (CN¥422.42 Million ≈ $61.81 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 how resilient are Shandong Hiking International Co Ltd Cla's assets to evaluate the company's liquid asset resilience ratio.
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. Also explore 600735 total asset value for the complete picture of this company's asset base.
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. For live valuation and market cap data, see Shandong Hiking International Co Ltd Cla stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.39 Billion ≈ $203.10 Million |
-8.45% |
| 2023-12-31 | CN¥1.52 Billion ≈ $221.85 Million |
-1.71% |
| 2022-12-31 | CN¥1.54 Billion ≈ $225.71 Million |
+35.29% |
| 2021-12-31 | CN¥1.14 Billion ≈ $166.84 Million |
+11.25% |
| 2020-12-31 | CN¥1.02 Billion ≈ $149.97 Million |
+0.91% |
| 2019-12-31 | CN¥1.02 Billion ≈ $148.62 Million |
+8.26% |
| 2018-12-31 | CN¥938.20 Million ≈ $137.29 Million |
+7.58% |
| 2017-12-31 | CN¥872.11 Million ≈ $127.62 Million |
+7.95% |
| 2016-12-31 | CN¥807.88 Million ≈ $118.22 Million |
+11.66% |
| 2015-12-31 | CN¥723.49 Million ≈ $105.87 Million |
+6.06% |
| 2014-12-31 | CN¥682.15 Million ≈ $99.82 Million |
+8.88% |
| 2013-12-31 | CN¥626.53 Million ≈ $91.68 Million |
+5.91% |
| 2012-12-31 | CN¥591.57 Million ≈ $86.57 Million |
+131.26% |
| 2011-12-31 | CN¥255.80 Million ≈ $37.43 Million |
+6.70% |
| 2010-12-31 | CN¥239.74 Million ≈ $35.08 Million |
-15.53% |
| 2009-12-31 | CN¥283.82 Million ≈ $41.53 Million |
+19.24% |
| 2008-12-31 | CN¥238.01 Million ≈ $34.83 Million |
+0.37% |
| 2007-12-31 | CN¥237.13 Million ≈ $34.70 Million |
+1167.14% |
| 2006-12-31 | CN¥18.71 Million ≈ $2.74 Million |
-61.18% |
| 2005-12-31 | CN¥48.21 Million ≈ $7.05 Million |
-26.16% |
| 2004-12-31 | CN¥65.28 Million ≈ $9.55 Million |
+10.30% |
| 2003-12-31 | CN¥59.19 Million ≈ $8.66 Million |
-75.41% |
| 2002-12-31 | CN¥240.72 Million ≈ $35.22 Million |
-20.46% |
| 2001-12-31 | CN¥302.65 Million ≈ $44.29 Million |
-2.90% |
| 2000-12-31 | CN¥311.68 Million ≈ $45.61 Million |
+53.05% |
| 1999-12-31 | CN¥203.64 Million ≈ $29.80 Million |
+9.99% |
| 1998-12-31 | CN¥185.15 Million ≈ $27.09 Million |
+15.80% |
| 1997-12-31 | CN¥159.88 Million ≈ $23.40 Million |
+19.89% |
| 1996-12-31 | CN¥133.36 Million ≈ $19.52 Million |
+0.80% |
| 1995-12-31 | CN¥132.30 Million ≈ $19.36 Million |
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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 |
|---|---|
|
Shenzhen King Brother Electronics Technology Co.Ltd.
SHE:301041
|
$464.42 Million |
|
Shenzhen Kexin Communication Technologies Co Ltd
SHE:300565
|
$464.42 Million |
|
Richtech Robotics Inc. Class B Common Stock
NASDAQ:RR
|
$464.66 Million |
|
Fullink Technology Co. LTD.
SHE:301067
|
$464.71 Million |
|
Sinyi Realty Inc
TW:9940
|
$464.29 Million |
|
Diamond Hill Investment Group Inc
NASDAQ:DHIL
|
$464.19 Million |
|
Texmaco Rail & Engineering Limited
NSE:TEXRAIL
|
$464.08 Million |
|
4D Molecular Therapeutics Inc
NASDAQ:FDMT
|
$464.06 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: 2.63x
- 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 17.91x to 2.63x 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¥7.40 | x |
| 1996-12-31 | CN¥0.42 | CN¥7.40 | x |
| 1997-12-31 | CN¥0.50 | CN¥7.40 | x |
| 1998-12-31 | CN¥0.58 | CN¥7.40 | x |
| 1999-12-31 | CN¥0.64 | CN¥7.40 | x |
| 2000-12-31 | CN¥0.97 | CN¥7.40 | x |
| 2001-12-31 | CN¥0.95 | CN¥7.40 | x |
| 2002-12-31 | CN¥0.75 | CN¥7.40 | x |
| 2003-12-31 | CN¥0.18 | CN¥7.40 | x |
| 2004-12-31 | CN¥0.20 | CN¥7.40 | x |
| 2005-12-31 | CN¥0.15 | CN¥7.40 | x |
| 2006-12-31 | CN¥0.06 | CN¥7.40 | x |
| 2007-12-31 | CN¥0.50 | CN¥7.40 | x |
| 2008-12-31 | CN¥0.54 | CN¥7.40 | x |
| 2009-12-31 | CN¥0.70 | CN¥7.40 | x |
| 2010-12-31 | CN¥0.73 | CN¥7.40 | x |
| 2011-12-31 | CN¥0.64 | CN¥7.40 | x |
| 2012-12-31 | CN¥1.46 | CN¥7.40 | x |
| 2013-12-31 | CN¥1.54 | CN¥7.40 | x |
| 2014-12-31 | CN¥1.67 | CN¥7.40 | x |
| 2015-12-31 | CN¥1.77 | CN¥7.40 | x |
| 2016-12-31 | CN¥2.06 | CN¥7.40 | x |
| 2017-12-31 | CN¥2.19 | CN¥7.40 | x |
| 2018-12-31 | CN¥2.36 | CN¥7.40 | x |
| 2019-12-31 | CN¥2.56 | CN¥7.40 | x |
| 2020-12-31 | CN¥2.49 | CN¥7.40 | x |
| 2021-12-31 | CN¥2.64 | CN¥7.40 | x |
| 2022-12-31 | CN¥3.35 | CN¥7.40 | x |
| 2023-12-31 | CN¥3.12 | CN¥7.40 | x |
| 2024-12-31 | CN¥2.81 | CN¥7.40 | 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: $4,568,286,782
- Average return on equity (ROE) among peers: 8.70%
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 | $464.30 Million |
| China National Complete Plant Import & Export Corp Ltd (000151) | $1.02 Billion | 13.26% | 1.38x | $584.52 Million |
| Sichuan Goldstone Orient New Material Equipment Co Ltd (300434) | $403.06 Million | 6.33% | 0.20x | $672.53 Million |
| Ningbo United Group Co Ltd (600051) | $2.66 Billion | 9.36% | 1.49x | $353.47 Million |
| Zhe Jiang Dong Ri Ltd Co (600113) | $739.16 Million | 14.16% | 0.43x | $2.75 Billion |
| Orient Group Inc (600811) | $19.74 Billion | 3.86% | 1.41x | $192.74 Million |
| Asian Star Anchor Chain Co Ltd Jiangsu (601890) | $2.86 Billion | 5.25% | 0.35x | $1.53 Billion |
About Shandong Hiking International Co Ltd Class A
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