Shanghai Yimin Commerce Group Co Ltd

SHG:600824 China Department Stores
Market Cap
$626.33 Million
CN¥4.60 Billion CNY
Market Cap Rank
#12015 Global
#2934 in China
Share Price
CN¥4.36
Change (1 day)
+1.16%
52-Week Range
CN¥3.76 - CN¥5.16
All Time High
CN¥8.86
Categories
Companies in China Department Stores
About

Shanghai Yimin Commercial Group Co., Ltd. engages in the commercial wholesale and retail, commercial property leasing, and catering and tourism businesses in China. It is involved in the domestic trade, photography, computer rental, self-owned housing rental, real estate sales, industrial investment, self-operation and agency, and import and export business of various commodities and technologies… Read more

Shanghai Yimin Commerce Group Co Ltd (600824) - Net Assets

Latest net assets as of September 2025: CN¥2.41 Billion CNY

Based on the latest financial reports, Shanghai Yimin Commerce Group Co Ltd (600824) has net assets worth CN¥2.41 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¥2.83 Billion) and total liabilities (CN¥419.03 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¥2.41 Billion
% of Total Assets 85.18%
Annual Growth Rate 9.63%
5-Year Change -9.66%
10-Year Change 19.7%
Growth Volatility 16.22

Shanghai Yimin Commerce Group Co Ltd - Net Assets Trend (1993–2024)

This chart illustrates how Shanghai Yimin Commerce Group 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 Yimin Commerce Group Co Ltd (1993–2024)

The table below shows the annual net assets of Shanghai Yimin Commerce Group Co Ltd from 1993 to 2024.

Year Net Assets Change
2024-12-31 CN¥2.41 Billion +0.71%
2023-12-31 CN¥2.39 Billion +0.71%
2022-12-31 CN¥2.37 Billion -12.13%
2021-12-31 CN¥2.70 Billion +1.37%
2020-12-31 CN¥2.66 Billion +6.03%
2019-12-31 CN¥2.51 Billion +11.64%
2018-12-31 CN¥2.25 Billion +2.80%
2017-12-31 CN¥2.19 Billion +4.08%
2016-12-31 CN¥2.10 Billion +4.61%
2015-12-31 CN¥2.01 Billion +7.02%
2014-12-31 CN¥1.88 Billion +12.04%
2013-12-31 CN¥1.68 Billion +7.64%
2012-12-31 CN¥1.56 Billion +7.48%
2011-12-31 CN¥1.45 Billion +6.72%
2010-12-31 CN¥1.36 Billion +6.53%
2009-12-31 CN¥1.27 Billion +6.26%
2008-12-31 CN¥1.20 Billion +9.10%
2007-12-31 CN¥1.10 Billion -1.61%
2006-12-31 CN¥1.12 Billion +39.03%
2005-12-31 CN¥803.57 Million +5.61%
2004-12-31 CN¥760.91 Million +4.90%
2003-12-31 CN¥725.37 Million +7.14%
2002-12-31 CN¥677.04 Million -8.00%
2001-12-31 CN¥735.93 Million +48.19%
2000-12-31 CN¥496.62 Million +4.57%
1999-12-31 CN¥474.91 Million +2.25%
1998-12-31 CN¥464.48 Million +66.74%
1997-12-31 CN¥278.56 Million +5.19%
1996-12-31 CN¥264.83 Million +11.97%
1995-12-31 CN¥236.53 Million +41.27%
1994-12-31 CN¥167.42 Million +20.18%
1993-12-31 CN¥139.32 Million --

Equity Component Analysis

This analysis shows how different components contribute to Shanghai Yimin Commerce Group 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 12490.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥900.64 Million 37.34%
Common Stock CN¥1.05 Billion 43.70%
Other Components CN¥457.06 Million 18.95%
Total Equity CN¥2.41 Billion 100.00%

Shanghai Yimin Commerce Group Co Ltd Competitors by Market Cap

The table below lists competitors of Shanghai Yimin Commerce Group Co Ltd ranked by their market capitalization.

Company Market Cap
Binh Duong Water Environment JSC
VN:BWE
 		$353.45 Million
China Union Holdings Ltd
SHE:000036
 		$353.46 Million
BECLE S.A.B. DE C.V. 001
F:6BE
 		$353.61 Million
Innovative Solutions and Support
NASDAQ:ISSC
 		$353.61 Million
Shanghai Shenda Co Ltd
SHG:600626
 		$353.38 Million
Saimo Electric Co Ltd
SHE:300466
 		$353.29 Million
SAMPYO Cement Co. Ltd
KQ:038500
 		$353.16 Million
Shandong Yuma Sun-shading Technology Corp. Ltd.
SHE:300993
 		$353.13 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 2,394,310,130 to 2,411,719,341, a change of 17,409,211 (0.7%).
  • Net income of 35,327,676 contributed positively to equity growth.
  • Dividend payments of 17,918,465 reduced retained earnings.
  • Other comprehensive income decreased equity by 303,474,504.
  • Other factors increased equity by 303,474,504.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥35.33 Million +1.46%
Dividends Paid CN¥17.92 Million -0.74%
Other Comprehensive Income CN¥-303.47 Million -12.58%
Other Changes CN¥303.47 Million +12.58%
Total Change CN¥- 0.73%

Book Value vs Market Value Analysis

This analysis compares Shanghai Yimin Commerce Group 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: 1.88x
  • 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 33.09x to 1.88x 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¥0.13 CN¥4.36 x
1994-12-31 CN¥0.16 CN¥4.36 x
1995-12-31 CN¥0.22 CN¥4.36 x
1996-12-31 CN¥0.25 CN¥4.36 x
1997-12-31 CN¥0.26 CN¥4.36 x
1998-12-31 CN¥0.44 CN¥4.36 x
1999-12-31 CN¥0.44 CN¥4.36 x
2000-12-31 CN¥0.46 CN¥4.36 x
2001-12-31 CN¥0.62 CN¥4.36 x
2002-12-31 CN¥0.64 CN¥4.36 x
2003-12-31 CN¥0.69 CN¥4.36 x
2004-12-31 CN¥0.72 CN¥4.36 x
2005-12-31 CN¥0.76 CN¥4.36 x
2006-12-31 CN¥1.15 CN¥4.36 x
2007-12-31 CN¥1.25 CN¥4.36 x
2008-12-31 CN¥1.13 CN¥4.36 x
2009-12-31 CN¥1.21 CN¥4.36 x
2010-12-31 CN¥1.28 CN¥4.36 x
2011-12-31 CN¥1.37 CN¥4.36 x
2012-12-31 CN¥1.47 CN¥4.36 x
2013-12-31 CN¥1.58 CN¥4.36 x
2014-12-31 CN¥1.70 CN¥4.36 x
2015-12-31 CN¥1.85 CN¥4.36 x
2016-12-31 CN¥1.94 CN¥4.36 x
2017-12-31 CN¥2.03 CN¥4.36 x
2018-12-31 CN¥2.10 CN¥4.36 x
2019-12-31 CN¥2.35 CN¥4.36 x
2020-12-31 CN¥2.49 CN¥4.36 x
2021-12-31 CN¥2.53 CN¥4.36 x
2022-12-31 CN¥2.22 CN¥4.36 x
2023-12-31 CN¥2.27 CN¥4.36 x
2024-12-31 CN¥2.32 CN¥4.36 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shanghai Yimin Commerce Group 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): 1.46%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 4.13%
  • • Asset Turnover: 0.30x
  • • Equity Multiplier: 1.19x
  • Recent ROE (1.46%) is below the historical average (7.62%), 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 5.13% 19.88% 0.16x 1.64x CN¥-6.78 Million
1994 16.66% 7.45% 1.17x 1.90x CN¥11.14 Million
1995 12.29% 7.38% 1.03x 1.61x CN¥5.42 Million
1996 12.84% 7.15% 1.09x 1.65x CN¥7.52 Million
1997 14.70% 7.75% 0.91x 2.09x CN¥13.08 Million
1998 7.88% 6.66% 0.68x 1.74x CN¥-9.86 Million
1999 8.28% 6.99% 0.67x 1.76x CN¥-8.07 Million
2000 9.02% 7.31% 0.60x 2.07x CN¥-4.76 Million
2001 7.42% 6.68% 0.70x 1.60x CN¥-16.99 Million
2002 6.59% 9.67% 0.45x 1.51x CN¥-22.97 Million
2003 6.90% 11.10% 0.39x 1.59x CN¥-22.43 Million
2004 8.31% 12.19% 0.35x 1.94x CN¥-12.83 Million
2005 9.25% 13.15% 0.33x 2.15x CN¥-6.03 Million
2006 12.74% 18.75% 0.39x 1.73x CN¥30.52 Million
2007 7.15% 9.71% 0.41x 1.79x CN¥-31.32 Million
2008 8.40% 8.50% 0.59x 1.67x CN¥-19.17 Million
2009 8.72% 7.65% 0.71x 1.60x CN¥-16.26 Million
2010 9.10% 6.59% 0.89x 1.55x CN¥-12.12 Million
2011 9.40% 6.20% 0.95x 1.60x CN¥-8.70 Million
2012 9.65% 5.74% 1.10x 1.52x CN¥-5.35 Million
2013 9.90% 5.54% 1.25x 1.44x CN¥-1.59 Million
2014 10.12% 5.82% 1.16x 1.50x CN¥2.12 Million
2015 9.87% 6.13% 1.14x 1.41x CN¥-2.46 Million
2016 7.37% 5.26% 1.01x 1.38x CN¥-53.90 Million
2017 6.54% 7.47% 0.65x 1.34x CN¥-74.09 Million
2018 4.96% 7.31% 0.52x 1.30x CN¥-111.41 Million
2019 3.53% 5.86% 0.47x 1.28x CN¥-160.15 Million
2020 6.68% 16.97% 0.30x 1.30x CN¥-87.09 Million
2021 3.46% 9.06% 0.29x 1.34x CN¥-174.16 Million
2022 -12.80% -36.89% 0.25x 1.38x CN¥-532.83 Million
2023 2.38% 5.52% 0.36x 1.21x CN¥-182.55 Million
2024 1.46% 4.13% 0.30x 1.19x CN¥-205.84 Million

Industry Comparison

This section compares Shanghai Yimin Commerce Group Co Ltd's net assets metrics with peer companies in the Department Stores industry.

Industry Context

  • Industry: Department Stores
  • Average net assets among peers: $1,108,789,683
  • Average return on equity (ROE) among peers: 12.38%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shanghai Yimin Commerce Group Co Ltd (600824) CN¥2.41 Billion 5.13% 0.17x $353.40 Million
Hefei Department Store Group Co Ltd (000417) $881.33 Million 5.99% 1.64x $186.03 Million
Changsha Tongcheng Holdings Co Ltd (000419) $895.76 Million 11.76% 2.56x $228.55 Million
Wushang Group Co Ltd (000501) $351.97 Million 7.19% 0.32x $549.14 Million
CCOOP Group Co Ltd (000564) $592.19 Million 4.11% 0.65x $3.78 Billion
Dalian Friendship Group Co Ltd (000679) $2.09 Billion 2.71% 3.27x $232.02 Million
Zhongxing Shenyang Commercial Building Group Co Ltd (000715) $1.01 Billion 6.59% 0.81x $200.17 Million
Easyhome New Retail Group Co Ltd (000785) $152.21 Million 30.40% 1.32x $997.89 Million
Guangzhou Grandbuy Co Ltd (002187) $3.72 Billion 7.01% 1.60x $414.68 Million
Better Life Commercial Chain Share Co Ltd (002251) $246.97 Million 35.41% 3.25x $1.28 Billion
New Huadu Supercenter Co Ltd (002264) $1.16 Billion 12.62% 1.43x $398.10 Million