Shanghai Industrial Development Co Ltd
Shanghai Industrial Development Co.,Ltd develops, operates, sells, and manages real estate properties in China. It operates through the Real Estate Business, Property Services, Building and Construction Industry, and Other Business segments. The company also provides real estate information consulting, asset management, engineering management, enterprise management consulting, business consulting… Read more
Shanghai Industrial Development Co Ltd (600748) - Net Assets
Latest net assets as of September 2025: CN¥12.39 Billion CNY
Based on the latest financial reports, Shanghai Industrial Development Co Ltd (600748) has net assets worth CN¥12.39 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¥29.74 Billion) and total liabilities (CN¥17.35 Billion). 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¥12.39 Billion |
| % of Total Assets | 41.66% |
| Annual Growth Rate | 17.83% |
| 5-Year Change | 3.08% |
| 10-Year Change | 134.96% |
| Growth Volatility | 49.45 |
Shanghai Industrial Development Co Ltd - Net Assets Trend (1993–2024)
This chart illustrates how Shanghai Industrial Development Co Ltd'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 Industrial Development Co Ltd (1993–2024)
The table below shows the annual net assets of Shanghai Industrial Development Co Ltd from 1993 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥12.95 Billion | +14.60% |
| 2023-12-31 | CN¥11.30 Billion | +2.65% |
| 2022-12-31 | CN¥11.01 Billion | -1.01% |
| 2021-12-31 | CN¥11.12 Billion | -11.48% |
| 2020-12-31 | CN¥12.57 Billion | +10.61% |
| 2019-12-31 | CN¥11.36 Billion | +5.96% |
| 2018-12-31 | CN¥10.72 Billion | -2.74% |
| 2017-12-31 | CN¥11.02 Billion | +9.61% |
| 2016-12-31 | CN¥10.06 Billion | +82.44% |
| 2015-12-31 | CN¥5.51 Billion | -0.28% |
| 2014-12-31 | CN¥5.53 Billion | -22.39% |
| 2013-12-31 | CN¥7.12 Billion | -0.99% |
| 2012-12-31 | CN¥7.19 Billion | +11.26% |
| 2011-12-31 | CN¥6.47 Billion | +114.39% |
| 2010-12-31 | CN¥3.02 Billion | +11.00% |
| 2009-12-31 | CN¥2.72 Billion | -2.84% |
| 2008-12-31 | CN¥2.80 Billion | +45.15% |
| 2007-12-31 | CN¥1.93 Billion | +12.27% |
| 2006-12-31 | CN¥1.72 Billion | -3.69% |
| 2005-12-31 | CN¥1.78 Billion | +18.87% |
| 2004-12-31 | CN¥1.50 Billion | +6.24% |
| 2003-12-31 | CN¥1.41 Billion | +33.56% |
| 2002-12-31 | CN¥1.06 Billion | +0.46% |
| 2001-12-31 | CN¥1.05 Billion | -1.18% |
| 2000-12-31 | CN¥1.06 Billion | +1.40% |
| 1999-12-31 | CN¥1.05 Billion | -2.39% |
| 1998-12-31 | CN¥1.08 Billion | +51.98% |
| 1997-12-31 | CN¥707.45 Million | +16.17% |
| 1996-12-31 | CN¥608.99 Million | +141.61% |
| 1995-12-31 | CN¥252.05 Million | +215.06% |
| 1994-12-31 | CN¥80.00 Million | 0.00% |
| 1993-12-31 | CN¥80.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shanghai Industrial Development 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 473900539800.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥4.74 Billion | 42.88% |
| Common Stock | CN¥1.84 Billion | 16.69% |
| Other Comprehensive Income | CN¥1.78 Billion | 16.14% |
| Other Components | CN¥2.68 Billion | 24.29% |
| Total Equity | CN¥11.05 Billion | 100.00% |
Shanghai Industrial Development Co Ltd Competitors by Market Cap
The table below lists competitors of Shanghai Industrial Development Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Five Star Bancorp
NASDAQ:FSBC
|
$539.95 Million |
|
Sterlite Technologies Limited
NSE:STLTECH
|
$539.97 Million |
|
Chow Sang Sang Holdings International Limited
F:CJW1
|
$540.05 Million |
|
WELL HEALTH TECHS
F:W7V
|
$540.14 Million |
|
Olvi Oyj A
HE:OLVAS
|
$539.83 Million |
|
Inhibrx Biosciences, Inc.
NASDAQ:INBX
|
$539.70 Million |
|
GZ Port
SHG:601228
|
$539.50 Million |
|
LSI Industries Inc
NASDAQ:LYTS
|
$539.47 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shanghai Industrial Development Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 10,046,071,744 to 11,052,246,134, a change of 1,006,174,390 (10.0%).
- Net loss of 291,286,638 reduced equity.
- Dividend payments of 502,559,654 reduced retained earnings.
- Other comprehensive income increased equity by 1,336,313,644.
- Other factors increased equity by 463,707,038.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-291.29 Million | -2.64% |
| Dividends Paid | CN¥502.56 Million | -4.55% |
| Other Comprehensive Income | CN¥1.34 Billion | +12.09% |
| Other Changes | CN¥463.71 Million | +4.2% |
| Total Change | CN¥- | 10.02% |
Book Value vs Market Value Analysis
This analysis compares Shanghai Industrial Development 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: 0.83x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 70.07x to 0.83x 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¥0.07 | CN¥5.03 | x |
| 1994-12-31 | CN¥0.07 | CN¥5.03 | x |
| 1995-12-31 | CN¥0.23 | CN¥5.03 | x |
| 1996-12-31 | CN¥0.55 | CN¥5.03 | x |
| 1997-12-31 | CN¥0.63 | CN¥5.03 | x |
| 1998-12-31 | CN¥0.96 | CN¥5.03 | x |
| 1999-12-31 | CN¥0.94 | CN¥5.03 | x |
| 2000-12-31 | CN¥0.95 | CN¥5.03 | x |
| 2001-12-31 | CN¥0.94 | CN¥5.03 | x |
| 2002-12-31 | CN¥0.95 | CN¥5.03 | x |
| 2003-12-31 | CN¥1.02 | CN¥5.03 | x |
| 2004-12-31 | CN¥1.06 | CN¥5.03 | x |
| 2005-12-31 | CN¥1.14 | CN¥5.03 | x |
| 2006-12-31 | CN¥1.21 | CN¥5.03 | x |
| 2007-12-31 | CN¥1.58 | CN¥5.03 | x |
| 2008-12-31 | CN¥1.87 | CN¥5.03 | x |
| 2009-12-31 | CN¥1.81 | CN¥5.03 | x |
| 2010-12-31 | CN¥1.84 | CN¥5.03 | x |
| 2011-12-31 | CN¥3.44 | CN¥5.03 | x |
| 2012-12-31 | CN¥3.39 | CN¥5.03 | x |
| 2013-12-31 | CN¥3.51 | CN¥5.03 | x |
| 2014-12-31 | CN¥3.40 | CN¥5.03 | x |
| 2015-12-31 | CN¥4.41 | CN¥5.03 | x |
| 2016-12-31 | CN¥4.93 | CN¥5.03 | x |
| 2017-12-31 | CN¥5.19 | CN¥5.03 | x |
| 2018-12-31 | CN¥5.26 | CN¥5.03 | x |
| 2019-12-31 | CN¥5.43 | CN¥5.03 | x |
| 2020-12-31 | CN¥6.16 | CN¥5.03 | x |
| 2021-12-31 | CN¥5.43 | CN¥5.03 | x |
| 2022-12-31 | CN¥5.41 | CN¥5.03 | x |
| 2023-12-31 | CN¥5.45 | CN¥5.03 | x |
| 2024-12-31 | CN¥6.07 | CN¥5.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shanghai Industrial Development 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): -2.64%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -11.68%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 2.76x
- Recent ROE (-2.64%) is below the historical average (8.70%), 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 | 14.55% | 1.29% | 6.28x | 1.80x | CN¥3.64 Million |
| 1994 | 23.62% | 2.45% | 4.92x | 1.96x | CN¥10.90 Million |
| 1995 | 27.60% | 7.54% | 2.65x | 1.38x | CN¥44.35 Million |
| 1996 | 15.77% | 11.52% | 1.26x | 1.09x | CN¥35.13 Million |
| 1997 | 13.92% | 13.48% | 0.93x | 1.11x | CN¥27.71 Million |
| 1998 | 8.62% | 18.08% | 0.41x | 1.17x | CN¥-14.85 Million |
| 1999 | 2.31% | 7.34% | 0.27x | 1.18x | CN¥-80.71 Million |
| 2000 | -0.08% | -0.17% | 0.43x | 1.14x | CN¥-107.29 Million |
| 2001 | 0.91% | 3.02% | 0.27x | 1.11x | CN¥-95.64 Million |
| 2002 | 0.27% | 0.45% | 0.52x | 1.15x | CN¥-102.82 Million |
| 2003 | 5.97% | 22.02% | 0.12x | 2.25x | CN¥-45.63 Million |
| 2004 | 6.87% | 14.22% | 0.19x | 2.61x | CN¥-37.06 Million |
| 2005 | 10.26% | 10.22% | 0.33x | 3.00x | CN¥3.35 Million |
| 2006 | 10.28% | 11.23% | 0.37x | 2.48x | CN¥3.75 Million |
| 2007 | 6.34% | 3.89% | 0.54x | 3.04x | CN¥-52.51 Million |
| 2008 | 13.99% | 18.07% | 0.17x | 4.45x | CN¥103.54 Million |
| 2009 | 9.77% | 11.41% | 0.17x | 5.18x | CN¥-5.73 Million |
| 2010 | 12.73% | 9.78% | 0.20x | 6.52x | CN¥70.51 Million |
| 2011 | 9.47% | 12.70% | 0.20x | 3.79x | CN¥-25.49 Million |
| 2012 | 13.38% | 17.42% | 0.19x | 4.09x | CN¥161.49 Million |
| 2013 | 8.76% | 11.14% | 0.19x | 4.14x | CN¥-61.64 Million |
| 2014 | 19.22% | 15.18% | 0.32x | 3.92x | CN¥441.05 Million |
| 2015 | 10.89% | 7.85% | 0.24x | 5.72x | CN¥42.54 Million |
| 2016 | 6.58% | 9.13% | 0.19x | 3.86x | CN¥-307.89 Million |
| 2017 | 9.18% | 11.94% | 0.19x | 4.03x | CN¥-78.49 Million |
| 2018 | 6.93% | 7.59% | 0.24x | 3.88x | CN¥-290.98 Million |
| 2019 | 7.59% | 8.74% | 0.22x | 3.91x | CN¥-241.23 Million |
| 2020 | 0.99% | 1.50% | 0.18x | 3.68x | CN¥-1.02 Billion |
| 2021 | 1.83% | 1.83% | 0.25x | 3.94x | CN¥-818.67 Million |
| 2022 | 1.23% | 2.34% | 0.12x | 4.54x | CN¥-875.96 Million |
| 2023 | 1.28% | 1.31% | 0.32x | 3.06x | CN¥-875.58 Million |
| 2024 | -2.64% | -11.68% | 0.08x | 2.76x | CN¥-1.40 Billion |
Industry Comparison
This section compares Shanghai Industrial Development Co Ltd's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $9,981,031,371
- Average return on equity (ROE) among peers: 6.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shanghai Industrial Development Co Ltd (600748) | CN¥12.39 Billion | 14.55% | 1.40x | $539.93 Million |
| China Vanke Co Ltd Class A (000002) | $2.15 Billion | 10.68% | 1.09x | $5.28 Billion |
| Shenzhen Zhenye Group Co Ltd (000006) | $2.89 Billion | 15.02% | 1.88x | $1.04 Billion |
| Shahe Industry Co Ltd (000014) | $605.85 Million | 8.96% | 1.98x | $312.36 Million |
| Grandjoy Holdings Group Co Ltd (000031) | $52.09 Billion | 0.21% | 3.08x | $571.80 Million |
| China Union Holdings Ltd (000036) | $2.68 Billion | 2.58% | 1.41x | $356.29 Million |
| Shenzhen Centralcon Investment Holding Co Ltd (000042) | $1.74 Billion | 0.39% | 2.19x | $315.70 Million |
| Shenzhen Wongtee International Enterprise Co Ltd (000056) | $5.55 Billion | 0.90% | 1.24x | $213.53 Million |
| Financial Street Holdings Co Ltd (000402) | $31.13 Billion | 9.01% | 2.62x | $785.44 Million |
| Chongqing Yukaifa Co Ltd (000514) | $147.43 Million | 10.06% | 0.84x | $208.71 Million |
| Rongan Property Co Ltd (000517) | $819.92 Million | 2.19% | 0.80x | $214.19 Million |