Shanghai Shentong Metro Co Ltd

SHG:600834 China Railroads
Market Cap
$560.19 Million
CN¥4.11 Billion CNY
Market Cap Rank
#14473 Global
#3814 in China
Share Price
CN¥8.61
Change (1 day)
+0.00%
52-Week Range
CN¥7.32 - CN¥9.45
All Time High
CN¥19.65
Categories
Companies in China Railroads
About

Shanghai Shentong Metro Co.,Ltd. engages in the public transportation operation and maintenance management business in China. It operates through Financial Leasing and Commercial Factoring; Photovoltaic and Energy Conservation; Public Transportation Operation and Management; and Comprehensive Property Services segments. The company offers operation and maintenance management services for unmanned… Read more

Shanghai Shentong Metro Co Ltd (600834) - Net Assets

Latest net assets as of September 2025: CN¥1.81 Billion CNY

Based on the latest financial reports, Shanghai Shentong Metro Co Ltd (600834) has net assets worth CN¥1.81 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¥2.08 Billion) and total liabilities (CN¥276.36 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¥1.81 Billion
% of Total Assets 86.73%
Annual Growth Rate 6.9%
5-Year Change 15.0%
10-Year Change 26.73%
Growth Volatility 15.6

Shanghai Shentong Metro Co Ltd - Net Assets Trend (1994–2024)

This chart illustrates how Shanghai Shentong Metro 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 Shentong Metro Co Ltd (1994–2024)

The table below shows the annual net assets of Shanghai Shentong Metro Co Ltd from 1994 to 2024.

Year Net Assets Change
2024-12-31 CN¥1.78 Billion +4.46%
2023-12-31 CN¥1.71 Billion +2.97%
2022-12-31 CN¥1.66 Billion +3.58%
2021-12-31 CN¥1.60 Billion +3.23%
2020-12-31 CN¥1.55 Billion +3.94%
2019-12-31 CN¥1.49 Billion +0.93%
2018-12-31 CN¥1.48 Billion +0.82%
2017-12-31 CN¥1.47 Billion +2.23%
2016-12-31 CN¥1.43 Billion +1.92%
2015-12-31 CN¥1.41 Billion +3.04%
2014-12-31 CN¥1.36 Billion +5.13%
2013-12-31 CN¥1.30 Billion +7.29%
2012-12-31 CN¥1.21 Billion +7.79%
2011-12-31 CN¥1.12 Billion +2.38%
2010-12-31 CN¥1.10 Billion +6.15%
2009-12-31 CN¥1.03 Billion +5.73%
2008-12-31 CN¥976.96 Million +2.96%
2007-12-31 CN¥948.84 Million +9.76%
2006-12-31 CN¥864.50 Million +11.94%
2005-12-31 CN¥772.27 Million +12.01%
2004-12-31 CN¥689.46 Million +4.32%
2003-12-31 CN¥660.93 Million +12.25%
2002-12-31 CN¥588.79 Million +5.74%
2001-12-31 CN¥556.84 Million +16.86%
2000-12-31 CN¥476.48 Million +9.32%
1999-12-31 CN¥435.86 Million +1.56%
1998-12-31 CN¥429.18 Million +3.07%
1997-12-31 CN¥416.40 Million +87.70%
1996-12-31 CN¥221.84 Million +2.75%
1995-12-31 CN¥215.91 Million -10.38%
1994-12-31 CN¥240.92 Million --

Equity Component Analysis

This analysis shows how different components contribute to Shanghai Shentong Metro 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 2810.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥970.24 Million 57.19%
Common Stock CN¥477.38 Million 28.14%
Other Comprehensive Income CN¥248.97 Million 14.67%
Other Components CN¥1.00 0.00%
Total Equity CN¥1.70 Billion 100.00%

Shanghai Shentong Metro Co Ltd Competitors by Market Cap

The table below lists competitors of Shanghai Shentong Metro Co Ltd ranked by their market capitalization.

Company Market Cap
Electrovaya Inc.
NASDAQ:ELVA
 		$223.08 Million
Shenwu Energy Saving Co Ltd
SHE:000820
 		$223.08 Million
Euglena Co. Ltd
F:8EG
 		$223.22 Million
Sinocat Environmental Technology Co Ltd
SHG:688737
 		$223.23 Million
Chongqing Pharscin Pharmaceutical Co Ltd
SHE:002907
 		$223.07 Million
Bharat Bijlee Limited
NSE:BBL
 		$223.06 Million
CFM Indosuez Wealth SA
PA:MLCFM
 		$222.97 Million
Inflection Point Acquisition Corp. III Class A Ordinary Shares
NASDAQ:IPCX
 		$222.91 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,681,229,404 to 1,696,593,724, a change of 15,364,320 (0.9%).
  • Net income of 51,819,000 contributed positively to equity growth.
  • Dividend payments of 43,786,860 reduced retained earnings.
  • Other comprehensive income increased equity by 18,644,159.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥51.82 Million +3.05%
Dividends Paid CN¥43.79 Million -2.58%
Other Comprehensive Income CN¥18.64 Million +1.1%
Other Changes CN¥-11.31 Million -0.67%
Total Change CN¥- 0.91%

Book Value vs Market Value Analysis

This analysis compares Shanghai Shentong Metro 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: 2.39x
  • 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 17.12x to 2.39x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1994-12-31 CN¥0.50 CN¥8.61 x
1995-12-31 CN¥0.45 CN¥8.61 x
1996-12-31 CN¥0.46 CN¥8.61 x
1997-12-31 CN¥0.87 CN¥8.61 x
1998-12-31 CN¥0.90 CN¥8.61 x
1999-12-31 CN¥0.91 CN¥8.61 x
2000-12-31 CN¥0.99 CN¥8.61 x
2001-12-31 CN¥1.16 CN¥8.61 x
2002-12-31 CN¥1.22 CN¥8.61 x
2003-12-31 CN¥1.38 CN¥8.61 x
2004-12-31 CN¥1.44 CN¥8.61 x
2005-12-31 CN¥1.61 CN¥8.61 x
2006-12-31 CN¥1.79 CN¥8.61 x
2007-12-31 CN¥2.01 CN¥8.61 x
2008-12-31 CN¥2.10 CN¥8.61 x
2009-12-31 CN¥2.12 CN¥8.61 x
2010-12-31 CN¥2.34 CN¥8.61 x
2011-12-31 CN¥2.44 CN¥8.61 x
2012-12-31 CN¥2.54 CN¥8.61 x
2013-12-31 CN¥2.69 CN¥8.61 x
2014-12-31 CN¥2.85 CN¥8.61 x
2015-12-31 CN¥2.85 CN¥8.61 x
2016-12-31 CN¥3.04 CN¥8.61 x
2017-12-31 CN¥3.12 CN¥8.61 x
2018-12-31 CN¥3.11 CN¥8.61 x
2019-12-31 CN¥3.10 CN¥8.61 x
2020-12-31 CN¥3.21 CN¥8.61 x
2021-12-31 CN¥3.32 CN¥8.61 x
2022-12-31 CN¥3.42 CN¥8.61 x
2023-12-31 CN¥3.52 CN¥8.61 x
2024-12-31 CN¥3.60 CN¥8.61 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shanghai Shentong Metro 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): 3.05%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 8.84%
  • • Asset Turnover: 0.26x
  • • Equity Multiplier: 1.33x
  • Recent ROE (3.05%) is below the historical average (8.87%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1994 13.53% 56.77% 0.23x 1.04x CN¥8.50 Million
1995 17.55% 52.83% 0.21x 1.62x CN¥16.31 Million
1996 17.44% 40.39% 0.22x 1.95x CN¥16.51 Million
1997 11.07% 35.53% 0.26x 1.22x CN¥4.45 Million
1998 11.10% 40.07% 0.22x 1.26x CN¥4.70 Million
1999 10.26% 43.23% 0.21x 1.11x CN¥1.15 Million
2000 11.38% 50.24% 0.18x 1.25x CN¥6.58 Million
2001 11.82% 23.87% 0.29x 1.71x CN¥10.10 Million
2002 10.86% 12.34% 0.57x 1.55x CN¥5.05 Million
2003 11.60% 15.30% 0.47x 1.60x CN¥10.59 Million
2004 10.43% 12.35% 0.57x 1.47x CN¥2.98 Million
2005 13.53% 15.35% 0.66x 1.33x CN¥27.28 Million
2006 13.98% 14.78% 0.79x 1.20x CN¥34.42 Million
2007 12.95% 14.12% 0.79x 1.16x CN¥28.02 Million
2008 8.09% 8.96% 0.68x 1.32x CN¥-18.62 Million
2009 9.91% 12.18% 0.65x 1.25x CN¥-952.09K
2010 8.54% 11.23% 0.47x 1.62x CN¥-15.97 Million
2011 4.93% 7.10% 0.45x 1.54x CN¥-56.93 Million
2012 9.17% 15.43% 0.41x 1.46x CN¥-9.99 Million
2013 9.29% 16.82% 0.39x 1.42x CN¥-9.28 Million
2014 7.71% 14.13% 0.36x 1.51x CN¥-31.31 Million
2015 4.90% 8.91% 0.31x 1.77x CN¥-71.67 Million
2016 3.62% 6.87% 0.32x 1.63x CN¥-91.39 Million
2017 3.53% 6.87% 0.29x 1.76x CN¥-94.86 Million
2018 2.07% 4.08% 0.28x 1.85x CN¥-117.09 Million
2019 4.60% 10.34% 0.24x 1.87x CN¥-79.94 Million
2020 4.81% 24.50% 0.11x 1.85x CN¥-79.59 Million
2021 4.57% 20.77% 0.12x 1.86x CN¥-85.98 Million
2022 4.47% 21.28% 0.13x 1.60x CN¥-90.39 Million
2023 4.11% 11.08% 0.25x 1.49x CN¥-99.09 Million
2024 3.05% 8.84% 0.26x 1.33x CN¥-117.84 Million

Industry Comparison

This section compares Shanghai Shentong Metro Co Ltd's net assets metrics with peer companies in the Railroads industry.

Industry Context

  • Industry: Railroads
  • Average net assets among peers: $2,596,757,987
  • Average return on equity (ROE) among peers: 9.94%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shanghai Shentong Metro Co Ltd (600834) CN¥1.81 Billion 13.53% 0.15x $223.08 Million
China High-Speed Railway Technology (000008) $68.04 Million -7.74% 0.33x $612.65 Million
Nanjing Zhongbei Group Co Ltd (000421) $979.37 Million 5.20% 1.75x $269.89 Million
Ningxia Western Venture Industrial Co Ltd (000557) $-828.52 Million 0.00% 0.00x $573.05 Million
Vontron Technology Co Ltd (000920) $613.49 Million 15.08% 0.43x $403.89 Million
China Railway Materials Co Ltd (000927) $1.66 Billion 30.22% 2.33x $772.56 Million
China Railway Special Cargo Logistics Co. Ltd. (001213) $19.04 Billion 3.50% 0.09x $419.62 Million
Changzhou Evergreen Technology Co. Ltd. A (001324) $476.64 Million 13.99% 0.55x $175.08 Million
HeNan Splendor Science & Technology Co Ltd (002296) $2.33 Billion 11.76% 0.37x $541.68 Million
Sichuan Fulin Transportation Group Co Ltd (002357) $177.46 Million 22.71% 1.10x $444.30 Million
Tianjin Keyvia Electric Co Ltd (300407) $1.46 Billion 4.63% 0.94x $398.59 Million