Shanghai Tunnel Engineering Co Ltd (600820) - Net Assets

Latest as of June 2026: CN¥50.16 Billion CNY ≈ $7.34 Billion USD

Based on the latest financial reports, Shanghai Tunnel Engineering Co Ltd (600820) has net assets worth CN¥50.16 Billion CNY (≈ $7.34 Billion USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥184.69 Billion ≈ $27.03 Billion USD) and total liabilities (CN¥134.52 Billion ≈ $19.69 Billion 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 Shanghai Tunnel Engineering Co Ltd PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥50.16 Billion
% of Total Assets 27.16%
Annual Growth Rate 18.66%
5-Year Change 49.81%
10-Year Change 141.07%
Growth Volatility 29.42

Shanghai Tunnel Engineering Co Ltd - Net Assets Trend (1993–2025)

This chart illustrates how Shanghai Tunnel Engineering Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market cap of Shanghai Tunnel Engineering Co Ltd.

Annual Net Assets for Shanghai Tunnel Engineering Co Ltd (1993–2025)

The table below shows the annual net assets of Shanghai Tunnel Engineering Co Ltd from 1993 to 2025. Also explore Shanghai Tunnel Engineering Co Ltd annual equity growth to track the company's year-over-year net asset growth rate.

Year Net Assets Change
2025-12-31 CN¥44.00 Billion
≈ $6.44 Billion		 +11.69%
2024-12-31 CN¥39.39 Billion
≈ $5.76 Billion		 +10.48%
2023-12-31 CN¥35.65 Billion
≈ $5.22 Billion		 +5.31%
2022-12-31 CN¥33.86 Billion
≈ $4.95 Billion		 +15.28%
2021-12-31 CN¥29.37 Billion
≈ $4.30 Billion		 +16.47%
2020-12-31 CN¥25.21 Billion
≈ $3.69 Billion		 +8.07%
2019-12-31 CN¥23.33 Billion
≈ $3.41 Billion		 +8.38%
2018-12-31 CN¥21.53 Billion
≈ $3.15 Billion		 +7.13%
2017-12-31 CN¥20.10 Billion
≈ $2.94 Billion		 +10.11%
2016-12-31 CN¥18.25 Billion
≈ $2.67 Billion		 +8.08%
2015-12-31 CN¥16.89 Billion
≈ $2.47 Billion		 +5.80%
2014-12-31 CN¥15.96 Billion
≈ $2.34 Billion		 +27.61%
2013-12-31 CN¥12.51 Billion
≈ $1.83 Billion		 +12.20%
2012-12-31 CN¥11.15 Billion
≈ $1.63 Billion		 +128.43%
2011-12-31 CN¥4.88 Billion
≈ $714.11 Million		 +9.40%
2010-12-31 CN¥4.46 Billion
≈ $652.77 Million		 +11.92%
2009-12-31 CN¥3.99 Billion
≈ $583.23 Million		 +6.75%
2008-12-31 CN¥3.73 Billion
≈ $546.33 Million		 +61.32%
2007-12-31 CN¥2.31 Billion
≈ $338.67 Million		 +9.59%
2006-12-31 CN¥2.11 Billion
≈ $309.03 Million		 +5.07%
2005-12-31 CN¥2.01 Billion
≈ $294.13 Million		 +4.47%
2004-12-31 CN¥1.92 Billion
≈ $281.54 Million		 +4.98%
2003-12-31 CN¥1.83 Billion
≈ $268.19 Million		 +6.41%
2002-12-31 CN¥1.72 Billion
≈ $252.04 Million		 +5.33%
2001-12-31 CN¥1.64 Billion
≈ $239.28 Million		 +22.79%
2000-12-31 CN¥1.33 Billion
≈ $194.87 Million		 +9.72%
1999-12-31 CN¥1.21 Billion
≈ $177.61 Million		 +118.27%
1998-12-31 CN¥556.07 Million
≈ $81.37 Million		 +9.99%
1997-12-31 CN¥505.55 Million
≈ $73.98 Million		 +51.74%
1996-12-31 CN¥333.17 Million
≈ $48.75 Million		 +13.34%
1995-12-31 CN¥293.97 Million
≈ $43.02 Million		 +39.12%
1994-12-31 CN¥211.30 Million
≈ $30.92 Million		 +14.56%
1993-12-31 CN¥184.44 Million
≈ $26.99 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Shanghai Tunnel Engineering 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 454817.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings CN¥19.75 Billion 48.23%
Other Components CN¥21.20 Billion 51.77%
Total Equity CN¥40.95 Billion 100.00%

Shanghai Tunnel Engineering Co Ltd Competitors by Market Cap

The table below lists competitors of Shanghai Tunnel Engineering Co Ltd ranked by their market capitalization.

Company Market Cap
Eutelsat Communications SA
PA:ETL
 $2.43 Billion
Greif Inc
NYSE:GEF-B
 $2.43 Billion
Legend Holdings Corporation
F:1PC
 $2.43 Billion
Sellas Life Sciences Group Inc
NASDAQ:SLS
 $2.43 Billion
Sociedad Punta del Cobre S.A
SN:PUCOBRE
 $2.42 Billion
Tecnicas Reunidas
MC:TRE
 $2.42 Billion
Sinbon Electronics Co Ltd
TW:3023
 $2.42 Billion
Hand Enterprise Solutions Co
SHE:300170
 $2.42 Billion

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 34,636,261,000 to 40,953,058,354, a change of 6,316,797,354 (18.2%).
  • Net income of 2,213,961,159 contributed positively to equity growth.
  • Dividend payments of 2,606,438,193 reduced retained earnings.
  • Other factors increased equity by 6,709,274,388.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CN¥2.21 Billion +5.41%
Dividends Paid CN¥2.61 Billion -6.36%
Other Changes CN¥6.71 Billion +16.38%
Total Change CN¥- 18.24%

Book Value vs Market Value Analysis

This analysis compares Shanghai Tunnel Engineering 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: 0.40x
  • 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 33.78x to 0.40x 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¥0.16 CN¥5.27 x
1994-12-31 CN¥0.18 CN¥5.27 x
1995-12-31 CN¥0.25 CN¥5.27 x
1996-12-31 CN¥0.28 CN¥5.27 x
1997-12-31 CN¥0.43 CN¥5.27 x
1998-12-31 CN¥0.47 CN¥5.27 x
1999-12-31 CN¥1.00 CN¥5.27 x
2000-12-31 CN¥1.10 CN¥5.27 x
2001-12-31 CN¥1.33 CN¥5.27 x
2002-12-31 CN¥1.39 CN¥5.27 x
2003-12-31 CN¥1.48 CN¥5.27 x
2004-12-31 CN¥1.54 CN¥5.27 x
2005-12-31 CN¥1.64 CN¥5.27 x
2006-12-31 CN¥1.74 CN¥5.27 x
2007-12-31 CN¥1.87 CN¥5.27 x
2008-12-31 CN¥2.73 CN¥5.27 x
2009-12-31 CN¥2.68 CN¥5.27 x
2010-12-31 CN¥3.00 CN¥5.27 x
2011-12-31 CN¥1.87 CN¥5.27 x
2012-12-31 CN¥4.26 CN¥5.27 x
2013-12-31 CN¥4.63 CN¥5.27 x
2014-12-31 CN¥5.72 CN¥5.27 x
2015-12-31 CN¥5.29 CN¥5.27 x
2016-12-31 CN¥5.71 CN¥5.27 x
2017-12-31 CN¥6.11 CN¥5.27 x
2018-12-31 CN¥6.51 CN¥5.27 x
2019-12-31 CN¥6.98 CN¥5.27 x
2020-12-31 CN¥7.37 CN¥5.27 x
2021-12-31 CN¥7.92 CN¥5.27 x
2022-12-31 CN¥8.68 CN¥5.27 x
2023-12-31 CN¥9.16 CN¥5.27 x
2024-12-31 CN¥10.97 CN¥5.27 x
2025-12-31 CN¥13.03 CN¥5.27 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shanghai Tunnel Engineering 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): 5.41%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 3.82%
  • • Asset Turnover: 0.32x
  • • Equity Multiplier: 4.44x
  • Recent ROE (5.41%) is below the historical average (9.04%), 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 2.51% 5.00% 0.23x 2.14x CN¥-13.82 Million
1994 12.83% 4.71% 1.30x 2.09x CN¥5.98 Million
1995 12.42% 4.34% 1.25x 2.30x CN¥7.10 Million
1996 13.04% 3.55% 1.18x 3.13x CN¥10.12 Million
1997 13.07% 3.68% 1.25x 2.85x CN¥15.50 Million
1998 14.24% 4.17% 1.06x 3.21x CN¥23.55 Million
1999 8.01% 4.37% 0.55x 3.36x CN¥-23.43 Million
2000 7.04% 3.30% 0.62x 3.42x CN¥-38.42 Million
2001 6.10% 2.42% 0.66x 3.80x CN¥-61.31 Million
2002 6.51% 2.42% 0.72x 3.73x CN¥-57.41 Million
2003 6.16% 2.05% 0.76x 3.96x CN¥-67.44 Million
2004 5.26% 1.51% 0.78x 4.43x CN¥-86.33 Million
2005 5.44% 1.64% 0.73x 4.51x CN¥-88.08 Million
2006 5.99% 2.07% 0.62x 4.68x CN¥-82.44 Million
2007 8.57% 2.22% 0.77x 5.03x CN¥-31.75 Million
2008 8.03% 2.40% 0.82x 4.07x CN¥-71.71 Million
2009 9.13% 2.46% 0.82x 4.52x CN¥-34.34 Million
2010 12.50% 3.74% 0.73x 4.54x CN¥110.56 Million
2011 10.68% 3.75% 0.61x 4.66x CN¥32.75 Million
2012 10.44% 5.23% 0.45x 4.48x CN¥48.48 Million
2013 10.38% 5.49% 0.41x 4.59x CN¥46.83 Million
2014 8.91% 5.48% 0.43x 3.76x CN¥-170.25 Million
2015 8.89% 5.52% 0.43x 3.78x CN¥-184.31 Million
2016 9.28% 5.73% 0.43x 3.76x CN¥-127.46 Million
2017 9.50% 5.74% 0.46x 3.56x CN¥-95.54 Million
2018 9.68% 5.31% 0.48x 3.81x CN¥-65.08 Million
2019 10.10% 4.76% 0.52x 4.12x CN¥22.51 Million
2020 9.76% 4.18% 0.49x 4.72x CN¥-55.66 Million
2021 9.61% 3.85% 0.48x 5.21x CN¥-98.16 Million
2022 10.47% 3.95% 0.49x 5.37x CN¥127.08 Million
2023 10.17% 3.97% 0.46x 5.59x CN¥50.20 Million
2024 8.20% 4.13% 0.40x 4.99x CN¥-622.60 Million
2025 5.41% 3.82% 0.32x 4.44x CN¥-1.88 Billion

Industry Comparison

This section compares Shanghai Tunnel Engineering Co Ltd's net assets metrics with peer companies in the Engineering & Construction industry.

Industry Context

  • Industry: Engineering & Construction
  • Average net assets among peers: $4,217,274,030
  • Average return on equity (ROE) among peers: 3.90%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shanghai Tunnel Engineering Co Ltd (600820) CN¥50.16 Billion 2.51% 2.68x $2.42 Billion
Shenzhen Ecobeauty Co Ltd (000010) $93.42 Million 5.37% 1.55x $264.12 Million
Shenzhen Sed Industry Co Ltd (000032) $823.36 Million 10.59% 1.23x $2.58 Billion
NORINCO International Cooperation Ltd (000065) $513.50 Million 2.74% 1.86x $1.71 Billion
Shenzhen Tagen Group Co Ltd (000090) $1.81 Billion 6.18% 1.19x $984.34 Million
Shandong Hi-Speed Road&Bridge (000498) $32.67 Billion 7.00% 3.27x $1.16 Billion
Jinyuan Cement Co Ltd (000546) $1.71 Billion 7.57% 1.39x $506.39 Million
Hunan Investment Group Co Ltd (000548) $436.88 Million -21.31% 1.34x $338.96 Million
ChengDu Hi-Tech Development Co Ltd (000628) $1.69 Billion 14.25% 3.93x $3.10 Billion
Gansu Engineering Consulting Group Co Ltd (000779) $218.83 Million 6.01% 2.28x $620.33 Million
Hainan Expressway Co Ltd (000886) $2.20 Billion 0.56% 1.33x $681.52 Million

About Shanghai Tunnel Engineering Co Ltd

SHG:600820 China Engineering & Construction
Market Cap
$2.42 Billion
CN¥16.57 Billion CNY
Market Cap Rank
#5580 Global
#1034 in China
Share Price
CN¥5.27
Change (1 day)
+0.00%
52-Week Range
CN¥5.21 - CN¥7.14
All Time High
CN¥10.44
Categories
Companies in China Engineering & Construction
About

Shanghai Tunnel Engineering Co., Ltd. consults, plans, designs, invests, constructs, and operates urban infrastructure in China, Hong Kong, India, Singapore, Macau, and internationally. It undertakes tunnels, rail transit, roads and bridges, gas and new energy, water and environment, underground space, and urban public space; and provides operation and maintenance services. The company also offer… Read more