Shanghai Material Trading Co Ltd A (600822) - Net Assets
Based on the latest financial reports, Shanghai Material Trading Co Ltd A (600822) has net assets worth CN¥1.24 Billion CNY (≈ $181.58 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¥1.79 Billion ≈ $262.24 Million USD) and total liabilities (CN¥551.18 Million ≈ $80.65 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 600822 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.24 Billion |
| % of Total Assets | 69.24% |
| Annual Growth Rate | 5.56% |
| 5-Year Change | 45.75% |
| 10-Year Change | 269.55% |
| Growth Volatility | 32.01 |
Shanghai Material Trading Co Ltd A - Net Assets Trend (1993–2024)
This chart illustrates how Shanghai Material Trading Co Ltd A's net assets have evolved over time, based on quarterly financial data. Also explore Shanghai Material Trading Co Ltd A total assets for the complete picture of this company's asset base.
Annual Net Assets for Shanghai Material Trading Co Ltd A (1993–2024)
The table below shows the annual net assets of Shanghai Material Trading Co Ltd A from 1993 to 2024. For live valuation and market cap data, see 600822 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.23 Billion ≈ $179.78 Million |
+2.94% |
| 2023-12-31 | CN¥1.19 Billion ≈ $174.65 Million |
+11.55% |
| 2022-12-31 | CN¥1.07 Billion ≈ $156.57 Million |
+8.16% |
| 2021-12-31 | CN¥989.24 Million ≈ $144.76 Million |
+17.35% |
| 2020-12-31 | CN¥842.98 Million ≈ $123.35 Million |
+14.76% |
| 2019-12-31 | CN¥734.57 Million ≈ $107.49 Million |
+10.96% |
| 2018-12-31 | CN¥662.00 Million ≈ $96.87 Million |
+7.41% |
| 2017-12-31 | CN¥616.31 Million ≈ $90.19 Million |
+4.60% |
| 2016-12-31 | CN¥589.22 Million ≈ $86.22 Million |
+77.23% |
| 2015-12-31 | CN¥332.46 Million ≈ $48.65 Million |
-72.48% |
| 2014-12-31 | CN¥1.21 Billion ≈ $176.77 Million |
+2.75% |
| 2013-12-31 | CN¥1.18 Billion ≈ $172.03 Million |
+2.89% |
| 2012-12-31 | CN¥1.14 Billion ≈ $167.21 Million |
-36.68% |
| 2011-12-31 | CN¥1.80 Billion ≈ $264.08 Million |
+7.24% |
| 2010-12-31 | CN¥1.68 Billion ≈ $246.25 Million |
+2.80% |
| 2009-12-31 | CN¥1.64 Billion ≈ $239.55 Million |
+99.27% |
| 2008-12-31 | CN¥821.53 Million ≈ $120.22 Million |
-9.33% |
| 2007-12-31 | CN¥906.07 Million ≈ $132.59 Million |
+34.02% |
| 2006-12-31 | CN¥676.07 Million ≈ $98.93 Million |
+14.90% |
| 2005-12-31 | CN¥588.38 Million ≈ $86.10 Million |
+81.06% |
| 2004-12-31 | CN¥324.97 Million ≈ $47.55 Million |
-0.43% |
| 2003-12-31 | CN¥326.39 Million ≈ $47.76 Million |
+6.38% |
| 2002-12-31 | CN¥306.82 Million ≈ $44.90 Million |
+1.04% |
| 2001-12-31 | CN¥303.67 Million ≈ $44.44 Million |
-12.66% |
| 2000-12-31 | CN¥347.69 Million ≈ $50.88 Million |
+1.25% |
| 1999-12-31 | CN¥343.38 Million ≈ $50.25 Million |
-9.96% |
| 1998-12-31 | CN¥381.37 Million ≈ $55.81 Million |
+0.40% |
| 1997-12-31 | CN¥379.85 Million ≈ $55.58 Million |
+2.09% |
| 1996-12-31 | CN¥372.08 Million ≈ $54.45 Million |
+3.31% |
| 1995-12-31 | CN¥360.17 Million ≈ $52.70 Million |
-1.45% |
| 1994-12-31 | CN¥365.47 Million ≈ $53.48 Million |
+59.29% |
| 1993-12-31 | CN¥229.43 Million ≈ $33.57 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shanghai Material Trading Co Ltd 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 decreased by 13535.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥495.97 Million | 41.13% |
| Other Comprehensive Income | CN¥1.30 Billion | 108.06% |
| Other Components | CN¥539.02 Million | 44.70% |
| Total Equity | CN¥1.21 Billion | 100.00% |
Shanghai Material Trading Co Ltd A Competitors by Market Cap
The table below lists competitors of Shanghai Material Trading Co Ltd A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zhejiang Extek Technology Co. Ltd. A
SHE:301399
|
$581.55 Million |
|
YeaShin International Development Co Ltd
TWO:5213
|
$581.77 Million |
|
JL MAG RARE-EARTH H YC1
F:3KLA
|
$581.86 Million |
|
Dezhou United Petroleum Technology Co.Ltd.
SHE:301158
|
$582.00 Million |
|
Beijing Changjiu Logistics Ltd
SHG:603569
|
$581.09 Million |
|
Fujian Minfa Aluminium Co Ltd
SHE:002578
|
$581.00 Million |
|
Guangdong Hybribio Biotech Co Ltd
SHE:300639
|
$580.86 Million |
|
Opthea Ltd
AU:OPT
|
$580.76 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shanghai Material Trading Co Ltd A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,154,148,000 to 1,205,759,000, a change of 51,611,000 (4.5%).
- Net income of 50,537,000 contributed positively to equity growth.
- Dividend payments of 3,494,000 reduced retained earnings.
- Other comprehensive income increased equity by 1,072,988.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥50.54 Million | +4.19% |
| Dividends Paid | CN¥3.49 Million | -0.29% |
| Other Comprehensive Income | CN¥1.07 Million | +0.09% |
| Other Changes | CN¥3.50 Million | +0.29% |
| Total Change | CN¥- | 4.47% |
Book Value vs Market Value Analysis
This analysis compares Shanghai Material Trading Co Ltd 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: 4.20x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 16.63x to 4.20x 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¥0.60 | CN¥10.03 | x |
| 1994-12-31 | CN¥0.96 | CN¥10.03 | x |
| 1995-12-31 | CN¥0.95 | CN¥10.03 | x |
| 1996-12-31 | CN¥0.98 | CN¥10.03 | x |
| 1997-12-31 | CN¥1.00 | CN¥10.03 | x |
| 1998-12-31 | CN¥0.92 | CN¥10.03 | x |
| 1999-12-31 | CN¥0.89 | CN¥10.03 | x |
| 2000-12-31 | CN¥0.73 | CN¥10.03 | x |
| 2001-12-31 | CN¥0.79 | CN¥10.03 | x |
| 2002-12-31 | CN¥0.80 | CN¥10.03 | x |
| 2003-12-31 | CN¥0.80 | CN¥10.03 | x |
| 2004-12-31 | CN¥0.81 | CN¥10.03 | x |
| 2005-12-31 | CN¥1.29 | CN¥10.03 | x |
| 2006-12-31 | CN¥1.65 | CN¥10.03 | x |
| 2007-12-31 | CN¥2.07 | CN¥10.03 | x |
| 2008-12-31 | CN¥1.93 | CN¥10.03 | x |
| 2009-12-31 | CN¥3.63 | CN¥10.03 | x |
| 2010-12-31 | CN¥3.20 | CN¥10.03 | x |
| 2011-12-31 | CN¥3.38 | CN¥10.03 | x |
| 2012-12-31 | CN¥1.97 | CN¥10.03 | x |
| 2013-12-31 | CN¥2.12 | CN¥10.03 | x |
| 2014-12-31 | CN¥2.04 | CN¥10.03 | x |
| 2015-12-31 | CN¥0.56 | CN¥10.03 | x |
| 2016-12-31 | CN¥1.08 | CN¥10.03 | x |
| 2017-12-31 | CN¥1.21 | CN¥10.03 | x |
| 2018-12-31 | CN¥1.23 | CN¥10.03 | x |
| 2019-12-31 | CN¥1.35 | CN¥10.03 | x |
| 2020-12-31 | CN¥1.65 | CN¥10.03 | x |
| 2021-12-31 | CN¥1.87 | CN¥10.03 | x |
| 2022-12-31 | CN¥2.05 | CN¥10.03 | x |
| 2023-12-31 | CN¥2.31 | CN¥10.03 | x |
| 2024-12-31 | CN¥2.39 | CN¥10.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shanghai Material Trading Co Ltd 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): 4.19%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.12%
- • Asset Turnover: 2.22x
- • Equity Multiplier: 1.69x
- Recent ROE (4.19%) is above the historical average (-15.08%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 3.67% | 4.22% | 0.39x | 2.23x | CN¥-14.52 Million |
| 1994 | 8.76% | 3.18% | 1.27x | 2.16x | CN¥-4.53 Million |
| 1995 | 2.67% | 1.02% | 1.38x | 1.90x | CN¥-26.41 Million |
| 1996 | 2.97% | 1.54% | 1.17x | 1.65x | CN¥-26.17 Million |
| 1997 | 1.22% | 0.64% | 1.17x | 1.63x | CN¥-33.35 Million |
| 1998 | -5.48% | -1.82% | 1.48x | 2.03x | CN¥-54.10 Million |
| 1999 | -2.84% | -0.88% | 1.45x | 2.23x | CN¥-43.65 Million |
| 2000 | -8.23% | -1.80% | 1.50x | 3.04x | CN¥-50.52 Million |
| 2001 | 9.18% | 0.86% | 4.58x | 2.32x | CN¥-2.44 Million |
| 2002 | 0.87% | 0.06% | 4.91x | 3.01x | CN¥-27.61 Million |
| 2003 | 0.85% | 0.04% | 6.62x | 3.40x | CN¥-27.81 Million |
| 2004 | 1.18% | 0.04% | 7.04x | 3.95x | CN¥-27.16 Million |
| 2005 | 6.98% | 0.18% | 7.39x | 5.35x | CN¥-14.88 Million |
| 2006 | 10.48% | 0.24% | 10.02x | 4.40x | CN¥2.97 Million |
| 2007 | 9.33% | 0.24% | 7.60x | 5.02x | CN¥-5.24 Million |
| 2008 | 9.67% | 0.21% | 7.54x | 5.97x | CN¥-2.41 Million |
| 2009 | 4.69% | 0.16% | 7.76x | 3.87x | CN¥-81.09 Million |
| 2010 | 6.56% | 0.18% | 7.11x | 5.20x | CN¥-53.91 Million |
| 2011 | 6.20% | 0.13% | 8.92x | 5.41x | CN¥-63.39 Million |
| 2012 | -60.83% | -0.62% | 8.01x | 12.19x | CN¥-690.80 Million |
| 2013 | 1.88% | 0.02% | 9.31x | 10.85x | CN¥-78.34 Million |
| 2014 | 1.47% | 0.02% | 8.06x | 8.88x | CN¥-82.97 Million |
| 2015 | -571.40% | -2.78% | 10.59x | 19.43x | CN¥-1.61 Billion |
| 2016 | 2.78% | 0.09% | 7.90x | 3.92x | CN¥-38.29 Million |
| 2017 | 5.81% | 0.53% | 2.99x | 3.65x | CN¥-23.45 Million |
| 2018 | 7.30% | 0.71% | 3.62x | 2.83x | CN¥-16.27 Million |
| 2019 | 9.15% | 0.84% | 4.56x | 2.38x | CN¥-5.69 Million |
| 2020 | 14.01% | 1.46% | 3.58x | 2.68x | CN¥32.81 Million |
| 2021 | 16.17% | 2.29% | 3.27x | 2.16x | CN¥57.32 Million |
| 2022 | 5.91% | 1.20% | 1.45x | 3.41x | CN¥-41.59 Million |
| 2023 | 12.13% | 1.78% | 2.51x | 2.71x | CN¥24.60 Million |
| 2024 | 4.19% | 1.12% | 2.22x | 1.69x | CN¥-70.04 Million |
Industry Comparison
This section compares Shanghai Material Trading Co Ltd A's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $1,399,616,772
- Average return on equity (ROE) among peers: -22.96%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shanghai Material Trading Co Ltd A (600822) | CN¥1.24 Billion | 3.67% | 0.44x | $581.43 Million |
| China Baoan Group Co Ltd (000009) | $4.69 Billion | 3.42% | 1.81x | $3.30 Billion |
| Yunding Technology Co Ltd (000409) | $289.46 Million | 10.54% | 0.08x | $1.01 Billion |
| Create Technology & Science Co Ltd (000551) | $500.09 Million | 0.51% | 1.08x | $1.16 Billion |
| Sundiro Holding Co Ltd (000571) | $874.38 Million | 0.93% | 1.10x | $680.26 Million |
| Guangdong Ganhua Science & Industry Co Ltd (000576) | $728.12 Million | -33.79% | 1.17x | $561.98 Million |
| Macrolink Real Estate Co Ltd (000620) | $108.49 Million | -173.26% | 4.17x | $2.65 Billion |
| Tianjin Economic-technological Development Area Co Ltd (000652) | $6.41 Billion | 2.47% | 4.81x | $939.26 Million |
| CHTC Helon Co Ltd (000677) | $-804.27 Million | 0.00% | 0.00x | $458.93 Million |
| Gansu Yatai Industrial Development Co Ltd (000691) | $103.03 Million | -40.99% | 1.73x | $547.08 Million |
| Hunan Fazhan Industrial Co Ltd (000722) | $1.09 Billion | 0.55% | 0.99x | $978.06 Million |
About Shanghai Material Trading Co Ltd A
Shanghai Material Trading Co., Ltd. engages in the wholesale and retail of production materials for automobile and chemicals in China and internationally. The company offers metal materials, mineral products, chemical raw materials, and automobiles and accessories. It is also involved in owning trading centers; used car transactions; new energy shopping malls; and delivery centers. In addition, t… Read more