Shang Gong Group Co Ltd A
Shang Gong Group Co., Ltd. engages in the research, development, production, and sales of various material joining and processing equipment in China and internationally. It offers sewing, embroidery, and cutting equipment; ultrasonic welding equipment; automotive interior and exterior parts; and carbon fiber composite light sport aircraft. The company also develops CAD software, and manufactures … Read more
Shang Gong Group Co Ltd A (600843) - Net Assets
Latest net assets as of September 2025: CN¥3.36 Billion CNY
Based on the latest financial reports, Shang Gong Group Co Ltd A (600843) has net assets worth CN¥3.36 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¥6.91 Billion) and total liabilities (CN¥3.55 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¥3.36 Billion |
| % of Total Assets | 48.6% |
| Annual Growth Rate | 8.02% |
| 5-Year Change | 19.97% |
| 10-Year Change | 55.28% |
| Growth Volatility | 29.1 |
Shang Gong Group Co Ltd A - Net Assets Trend (1993–2024)
This chart illustrates how Shang Gong Group Co Ltd A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Shang Gong Group Co Ltd A (1993–2024)
The table below shows the annual net assets of Shang Gong Group Co Ltd A from 1993 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.18 Billion | -11.08% |
| 2023-12-31 | CN¥3.58 Billion | +3.84% |
| 2022-12-31 | CN¥3.45 Billion | +3.49% |
| 2021-12-31 | CN¥3.33 Billion | +25.55% |
| 2020-12-31 | CN¥2.65 Billion | +2.29% |
| 2019-12-31 | CN¥2.59 Billion | +3.29% |
| 2018-12-31 | CN¥2.51 Billion | +2.26% |
| 2017-12-31 | CN¥2.46 Billion | +11.23% |
| 2016-12-31 | CN¥2.21 Billion | +7.70% |
| 2015-12-31 | CN¥2.05 Billion | +25.33% |
| 2014-12-31 | CN¥1.64 Billion | +75.97% |
| 2013-12-31 | CN¥929.79 Million | +7.58% |
| 2012-12-31 | CN¥864.25 Million | +7.43% |
| 2011-12-31 | CN¥804.45 Million | +15.39% |
| 2010-12-31 | CN¥697.15 Million | +18.19% |
| 2009-12-31 | CN¥589.83 Million | +4.40% |
| 2008-12-31 | CN¥564.98 Million | -12.23% |
| 2007-12-31 | CN¥643.68 Million | -6.80% |
| 2006-12-31 | CN¥690.62 Million | +8.49% |
| 2005-12-31 | CN¥636.60 Million | -30.00% |
| 2004-12-31 | CN¥909.44 Million | +2.86% |
| 2003-12-31 | CN¥884.17 Million | +66.20% |
| 2002-12-31 | CN¥531.99 Million | +2.35% |
| 2001-12-31 | CN¥519.79 Million | -23.16% |
| 2000-12-31 | CN¥676.44 Million | +5.57% |
| 1999-12-31 | CN¥640.74 Million | -2.19% |
| 1998-12-31 | CN¥655.06 Million | +0.26% |
| 1997-12-31 | CN¥653.34 Million | +1.38% |
| 1996-12-31 | CN¥644.46 Million | +2.34% |
| 1995-12-31 | CN¥629.71 Million | -4.13% |
| 1994-12-31 | CN¥656.82 Million | +125.17% |
| 1993-12-31 | CN¥291.70 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shang Gong Group 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 grown by 27734.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥831.58 Million | 28.17% |
| Common Stock | CN¥713.17 Million | 24.16% |
| Other Components | CN¥1.41 Billion | 47.68% |
| Total Equity | CN¥2.95 Billion | 100.00% |
Shang Gong Group Co Ltd A Competitors by Market Cap
The table below lists competitors of Shang Gong Group Co Ltd A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
KRUNGTHAI CARD FGN BA 1
F:KRTA
|
$753.17 Million |
|
Per Aarsleff B
LSE:0REQ
|
$753.20 Million |
|
Banque Cantonale du Valais
SW:WKBN
|
$753.37 Million |
|
Kier Group plc
PINK:KIERF
|
$753.42 Million |
|
GQG Partners Inc
AU:GQG
|
$752.66 Million |
|
Hangzhou Zhongtai Cryogenic Technology Corp
SHE:300435
|
$752.63 Million |
|
Haynes International Inc
NASDAQ:HAYN
|
$752.59 Million |
|
Jiangsu Shentong Valve Co Ltd
SHE:002438
|
$752.56 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shang Gong Group Co Ltd A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,355,735,262 to 2,952,376,536, a change of -403,358,726 (-12.0%).
- Net loss of 244,231,334 reduced equity.
- Dividend payments of 81,101,993 reduced retained earnings.
- Share repurchases of 62,850,892 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-244.23 Million | -8.27% |
| Dividends Paid | CN¥81.10 Million | -2.75% |
| Share Repurchases | CN¥62.85 Million | -2.13% |
| Other Changes | CN¥-15.17 Million | -0.51% |
| Total Change | CN¥- | -12.02% |
Book Value vs Market Value Analysis
This analysis compares Shang Gong Group 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: 2.32x
- 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 15.14x to 2.32x 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¥0.64 | CN¥9.69 | x |
| 1994-12-31 | CN¥1.46 | CN¥9.69 | x |
| 1995-12-31 | CN¥1.40 | CN¥9.69 | x |
| 1996-12-31 | CN¥1.43 | CN¥9.69 | x |
| 1997-12-31 | CN¥1.45 | CN¥9.69 | x |
| 1998-12-31 | CN¥1.44 | CN¥9.69 | x |
| 1999-12-31 | CN¥1.41 | CN¥9.69 | x |
| 2000-12-31 | CN¥1.48 | CN¥9.69 | x |
| 2001-12-31 | CN¥1.12 | CN¥9.69 | x |
| 2002-12-31 | CN¥1.14 | CN¥9.69 | x |
| 2003-12-31 | CN¥1.91 | CN¥9.69 | x |
| 2004-12-31 | CN¥1.90 | CN¥9.69 | x |
| 2005-12-31 | CN¥1.26 | CN¥9.69 | x |
| 2006-12-31 | CN¥1.31 | CN¥9.69 | x |
| 2007-12-31 | CN¥1.30 | CN¥9.69 | x |
| 2008-12-31 | CN¥1.13 | CN¥9.69 | x |
| 2009-12-31 | CN¥1.23 | CN¥9.69 | x |
| 2010-12-31 | CN¥1.34 | CN¥9.69 | x |
| 2011-12-31 | CN¥1.56 | CN¥9.69 | x |
| 2012-12-31 | CN¥1.63 | CN¥9.69 | x |
| 2013-12-31 | CN¥1.77 | CN¥9.69 | x |
| 2014-12-31 | CN¥3.05 | CN¥9.69 | x |
| 2015-12-31 | CN¥3.23 | CN¥9.69 | x |
| 2016-12-31 | CN¥3.49 | CN¥9.69 | x |
| 2017-12-31 | CN¥3.91 | CN¥9.69 | x |
| 2018-12-31 | CN¥4.03 | CN¥9.69 | x |
| 2019-12-31 | CN¥4.22 | CN¥9.69 | x |
| 2020-12-31 | CN¥4.33 | CN¥9.69 | x |
| 2021-12-31 | CN¥4.40 | CN¥9.69 | x |
| 2022-12-31 | CN¥4.52 | CN¥9.69 | x |
| 2023-12-31 | CN¥4.71 | CN¥9.69 | x |
| 2024-12-31 | CN¥4.18 | CN¥9.69 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shang Gong Group 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): -8.27%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.54%
- • Asset Turnover: 0.70x
- • Equity Multiplier: 2.14x
- Recent ROE (-8.27%) is below the historical average (3.22%), 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 | 25.08% | 10.21% | 0.78x | 3.16x | CN¥43.44 Million |
| 1994 | 7.79% | 8.12% | 0.51x | 1.87x | CN¥-14.53 Million |
| 1995 | 0.70% | 0.86% | 0.40x | 2.04x | CN¥-58.57 Million |
| 1996 | 1.04% | 1.57% | 0.32x | 2.06x | CN¥-57.58 Million |
| 1997 | 1.15% | 1.64% | 0.35x | 2.00x | CN¥-57.60 Million |
| 1998 | 0.44% | 0.89% | 0.24x | 2.09x | CN¥-62.19 Million |
| 1999 | 0.90% | 1.51% | 0.29x | 2.06x | CN¥-57.57 Million |
| 2000 | 5.24% | 6.26% | 0.42x | 1.98x | CN¥-31.78 Million |
| 2001 | 9.12% | 5.00% | 0.70x | 2.62x | CN¥-4.42 Million |
| 2002 | 2.56% | 1.50% | 0.65x | 2.63x | CN¥-38.34 Million |
| 2003 | 1.70% | 1.68% | 0.50x | 2.02x | CN¥-71.39 Million |
| 2004 | 0.44% | 0.38% | 0.56x | 2.08x | CN¥-81.96 Million |
| 2005 | -48.88% | -18.66% | 0.61x | 4.32x | CN¥-333.20 Million |
| 2006 | 0.83% | 0.21% | 0.95x | 4.23x | CN¥-53.85 Million |
| 2007 | 4.80% | 1.10% | 1.07x | 4.07x | CN¥-30.42 Million |
| 2008 | -6.34% | -1.44% | 1.09x | 4.01x | CN¥-83.14 Million |
| 2009 | 6.05% | 2.05% | 0.82x | 3.58x | CN¥-21.84 Million |
| 2010 | 7.52% | 2.69% | 1.03x | 2.71x | CN¥-14.93 Million |
| 2011 | 16.14% | 7.14% | 1.03x | 2.19x | CN¥42.85 Million |
| 2012 | 5.71% | 2.77% | 0.94x | 2.20x | CN¥-31.26 Million |
| 2013 | 10.00% | 4.39% | 0.89x | 2.57x | CN¥-37.39K |
| 2014 | 12.38% | 10.02% | 0.72x | 1.71x | CN¥38.01 Million |
| 2015 | 8.87% | 6.80% | 0.74x | 1.77x | CN¥-20.05 Million |
| 2016 | 7.53% | 5.23% | 0.79x | 1.83x | CN¥-47.40 Million |
| 2017 | 9.21% | 6.44% | 0.83x | 1.73x | CN¥-17.03 Million |
| 2018 | 6.36% | 4.40% | 0.77x | 1.87x | CN¥-80.46 Million |
| 2019 | 3.71% | 2.67% | 0.72x | 1.94x | CN¥-145.40 Million |
| 2020 | 3.60% | 2.76% | 0.66x | 1.99x | CN¥-150.40 Million |
| 2021 | 2.67% | 2.66% | 0.57x | 1.75x | CN¥-227.96 Million |
| 2022 | 2.29% | 2.20% | 0.57x | 1.83x | CN¥-246.57 Million |
| 2023 | 2.70% | 2.39% | 0.64x | 1.76x | CN¥-244.83 Million |
| 2024 | -8.27% | -5.54% | 0.70x | 2.14x | CN¥-539.47 Million |
Industry Comparison
This section compares Shang Gong Group Co Ltd A's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $2,067,710,897
- Average return on equity (ROE) among peers: -1.92%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shang Gong Group Co Ltd A (600843) | CN¥3.36 Billion | 25.08% | 1.06x | $753.03 Million |
| Huayi Compressor Co Ltd (000404) | $648.27 Million | 0.14% | 0.77x | $420.05 Million |
| Shenyang Machine Tool Co Ltd (000410) | $1.01 Billion | 1.69% | 1.82x | $1.49 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $8.52 Billion | 3.22% | 0.43x | $1.83 Billion |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $654.39 Million | 0.62% | 0.63x | $25.43 Million |
| Baota Industry Co Ltd (000595) | $275.96 Million | -43.35% | 2.83x | $511.45 Million |
| SUFA Technology Industry Co Ltd CNNC (000777) | $2.16 Billion | 10.62% | 0.70x | $870.61 Million |
| J.S. Corrugating Machinery Co Ltd (000821) | $1.11 Billion | 3.64% | 0.40x | $758.95 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $3.46 Billion | -6.83% | 0.95x | $814.07 Million |
| Ning Xia Yin Xing Energy Co Ltd (000862) | $1.73 Billion | -6.78% | 4.43x | $531.53 Million |
| Weichai Heavy Machinery Co Ltd (000880) | $1.12 Billion | 17.82% | 1.49x | $760.29 Million |