Shanghai Lingang Holdings Co Ltd A

SHG:600848 China Real Estate Services
Market Cap
$3.46 Billion
CN¥25.38 Billion CNY
Market Cap Rank
#6807 Global
#1087 in China
Share Price
CN¥10.60
Change (1 day)
-0.19%
52-Week Range
CN¥8.70 - CN¥13.45
All Time High
CN¥47.30
About

Shanghai Lingang Holdings Co.,Ltd. develops and sells industrial carriers in China. The company's portfolio includes research and development technology buildings and industrial plants. It is involved in the park development, management, and operations; and logistics activities. In addition, the company is involved in investment management business. The company was formerly known as Shanghai Auto… Read more

Shanghai Lingang Holdings Co Ltd A (600848) - Net Assets

Latest net assets as of September 2025: CN¥34.30 Billion CNY

Based on the latest financial reports, Shanghai Lingang Holdings Co Ltd A (600848) has net assets worth CN¥34.30 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¥86.52 Billion) and total liabilities (CN¥52.22 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¥34.30 Billion
% of Total Assets 39.64%
Annual Growth Rate 15.39%
5-Year Change 91.52%
10-Year Change 862.83%
Growth Volatility 442.54

Shanghai Lingang Holdings Co Ltd A - Net Assets Trend (1993–2024)

This chart illustrates how Shanghai Lingang Holdings 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 Shanghai Lingang Holdings Co Ltd A (1993–2024)

The table below shows the annual net assets of Shanghai Lingang Holdings Co Ltd A from 1993 to 2024.

Year Net Assets Change
2024-12-31 CN¥33.84 Billion +5.82%
2023-12-31 CN¥31.98 Billion +16.64%
2022-12-31 CN¥27.42 Billion +37.24%
2021-12-31 CN¥19.98 Billion +13.06%
2020-12-31 CN¥17.67 Billion +8.50%
2019-12-31 CN¥16.29 Billion +102.39%
2018-12-31 CN¥8.05 Billion +7.64%
2017-12-31 CN¥7.48 Billion +42.26%
2016-12-31 CN¥5.25 Billion +49.51%
2015-12-31 CN¥3.51 Billion +2507.45%
2014-12-31 CN¥134.80 Million -30.61%
2013-12-31 CN¥194.27 Million +6.52%
2012-12-31 CN¥182.38 Million +6.19%
2011-12-31 CN¥171.74 Million +3.40%
2010-12-31 CN¥166.10 Million +2.84%
2009-12-31 CN¥161.52 Million +3.41%
2008-12-31 CN¥156.20 Million +3.92%
2007-12-31 CN¥150.31 Million +6.36%
2006-12-31 CN¥141.32 Million +5.97%
2005-12-31 CN¥133.36 Million +5.64%
2004-12-31 CN¥126.23 Million +7.30%
2003-12-31 CN¥117.64 Million -13.35%
2002-12-31 CN¥135.78 Million +2.16%
2001-12-31 CN¥132.90 Million -33.62%
2000-12-31 CN¥200.21 Million -52.46%
1999-12-31 CN¥421.15 Million -45.19%
1998-12-31 CN¥768.37 Million -3.25%
1997-12-31 CN¥794.16 Million +11.40%
1996-12-31 CN¥712.92 Million +15.51%
1995-12-31 CN¥617.19 Million +2.36%
1994-12-31 CN¥602.94 Million +50.59%
1993-12-31 CN¥400.40 Million --

Equity Component Analysis

This analysis shows how different components contribute to Shanghai Lingang Holdings 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 173022.3% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥5.52 Billion 28.86%
Common Stock CN¥2.52 Billion 13.18%
Other Comprehensive Income CN¥2.85 Billion 14.89%
Other Components CN¥8.24 Billion 43.06%
Total Equity CN¥19.14 Billion 100.00%

Shanghai Lingang Holdings Co Ltd A Competitors by Market Cap

The table below lists competitors of Shanghai Lingang Holdings Co Ltd A ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 18,565,643,730 to 19,136,143,376, a change of 570,499,646 (3.1%).
  • Net income of 1,096,574,933 contributed positively to equity growth.
  • Dividend payments of 1,446,078,527 reduced retained earnings.
  • Other comprehensive income increased equity by 2,850,146,832.
  • Other factors decreased equity by 1,930,143,592.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥1.10 Billion +5.73%
Dividends Paid CN¥1.45 Billion -7.56%
Other Comprehensive Income CN¥2.85 Billion +14.89%
Other Changes CN¥-1.93 Billion -10.09%
Total Change CN¥- 3.07%

Book Value vs Market Value Analysis

This analysis compares Shanghai Lingang Holdings 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: 1.41x
  • 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 10.66x to 1.41x 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¥0.99 CN¥10.60 x
1994-12-31 CN¥1.48 CN¥10.60 x
1995-12-31 CN¥1.46 CN¥10.60 x
1996-12-31 CN¥1.69 CN¥10.60 x
1997-12-31 CN¥1.88 CN¥10.60 x
1998-12-31 CN¥1.81 CN¥10.60 x
1999-12-31 CN¥1.00 CN¥10.60 x
2000-12-31 CN¥0.45 CN¥10.60 x
2001-12-31 CN¥0.27 CN¥10.60 x
2002-12-31 CN¥0.27 CN¥10.60 x
2003-12-31 CN¥0.29 CN¥10.60 x
2004-12-31 CN¥0.31 CN¥10.60 x
2005-12-31 CN¥0.32 CN¥10.60 x
2006-12-31 CN¥0.29 CN¥10.60 x
2007-12-31 CN¥0.30 CN¥10.60 x
2008-12-31 CN¥0.32 CN¥10.60 x
2009-12-31 CN¥0.33 CN¥10.60 x
2010-12-31 CN¥0.35 CN¥10.60 x
2011-12-31 CN¥0.37 CN¥10.60 x
2012-12-31 CN¥0.38 CN¥10.60 x
2013-12-31 CN¥0.41 CN¥10.60 x
2014-12-31 CN¥0.29 CN¥10.60 x
2015-12-31 CN¥4.17 CN¥10.60 x
2016-12-31 CN¥3.82 CN¥10.60 x
2017-12-31 CN¥4.90 CN¥10.60 x
2018-12-31 CN¥3.02 CN¥10.60 x
2019-12-31 CN¥5.40 CN¥10.60 x
2020-12-31 CN¥5.76 CN¥10.60 x
2021-12-31 CN¥6.09 CN¥10.60 x
2022-12-31 CN¥6.75 CN¥10.60 x
2023-12-31 CN¥7.36 CN¥10.60 x
2024-12-31 CN¥7.50 CN¥10.60 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shanghai Lingang Holdings 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): 5.73%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 9.88%
  • • Asset Turnover: 0.13x
  • • Equity Multiplier: 4.36x
  • Recent ROE (5.73%) is above the historical average (3.38%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1993 1.07% 6.87% 0.05x 3.11x CN¥-35.76 Million
1994 9.38% 7.85% 0.47x 2.53x CN¥-3.70 Million
1995 10.16% 5.49% 0.63x 2.94x CN¥949.14K
1996 7.09% 4.00% 0.66x 2.67x CN¥-19.81 Million
1997 9.92% 5.79% 0.64x 2.67x CN¥-621.37K
1998 -2.21% -1.91% 0.47x 2.49x CN¥-89.05 Million
1999 -34.92% -29.16% 0.33x 3.68x CN¥-180.29 Million
2000 -138.96% -46.25% 0.48x 6.20x CN¥-268.69 Million
2001 7.59% 1.44% 0.58x 9.05x CN¥-2.66 Million
2002 9.27% 1.77% 0.59x 8.85x CN¥-811.36K
2003 1.68% 0.32% 0.72x 7.27x CN¥-9.55 Million
2004 6.51% 1.18% 0.79x 6.98x CN¥-4.29 Million
2005 4.26% 0.73% 0.81x 7.22x CN¥-7.47 Million
2006 4.32% 0.63% 0.99x 6.94x CN¥-7.87 Million
2007 6.88% 1.01% 1.05x 6.46x CN¥-4.61 Million
2008 5.26% 0.74% 1.00x 7.05x CN¥-7.31 Million
2009 3.56% 0.51% 0.89x 7.79x CN¥-10.34 Million
2010 3.54% 0.60% 0.75x 7.86x CN¥-10.72 Million
2011 3.65% 0.62% 0.67x 8.80x CN¥-10.94 Million
2012 5.53% 0.97% 0.62x 9.24x CN¥-8.15 Million
2013 6.20% 1.12% 0.60x 9.19x CN¥-7.38 Million
2014 87.71% 14.09% 0.49x 12.75x CN¥104.75 Million
2015 10.78% 20.91% 0.23x 2.24x CN¥24.24 Million
2016 8.73% 22.42% 0.17x 2.32x CN¥-58.91 Million
2017 6.30% 19.77% 0.16x 2.02x CN¥-241.10 Million
2018 17.96% 25.48% 0.31x 2.28x CN¥542.12 Million
2019 9.89% 34.10% 0.10x 2.77x CN¥-15.56 Million
2020 9.72% 35.88% 0.09x 2.88x CN¥-40.68 Million
2021 9.80% 23.95% 0.13x 3.20x CN¥-30.78 Million
2022 5.93% 16.82% 0.09x 3.90x CN¥-692.74 Million
2023 5.73% 15.06% 0.09x 4.36x CN¥-792.67 Million
2024 5.73% 9.88% 0.13x 4.36x CN¥-817.04 Million

Industry Comparison

This section compares Shanghai Lingang Holdings Co Ltd A's net assets metrics with peer companies in the Real Estate Services industry.

Industry Context

  • Industry: Real Estate Services
  • Average net assets among peers: $1,546,667,079
  • Average return on equity (ROE) among peers: 7.12%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shanghai Lingang Holdings Co Ltd A (600848) CN¥34.30 Billion 1.07% 1.52x $1.14 Billion
Shenzhen SEG Co Ltd (000058) $1.33 Billion 3.66% 0.19x $595.06 Million
5I5j Holding Group Co Ltd (000560) $618.29 Million 4.60% 4.43x $719.68 Million
DongGuan Winnerway Industrial Zone Ltd (000573) $1.43 Billion 2.79% 0.78x $286.31 Million
Beijing Mainstreets Investment (000609) $669.22 Million 21.24% 0.69x $293.27 Million
Rongfeng Holding Group (000668) $740.22 Million 0.45% 0.27x $159.03 Million
Sanxiang Co Ltd (000863) $4.68 Billion 4.46% 1.07x $471.17 Million
Shenzhen Worldunion Properties Consultancy Inc (002285) $65.30 Million 0.00% 1.29x $444.90 Million
Chongqing New Dazheng Property Grp (002968) $754.94 Million 13.84% 0.32x $151.40 Million
Shenzhen SDG Service Co. Ltd. (300917) $968.11 Million 11.79% 0.59x $254.69 Million
China World Trade Center Co Ltd (600007) $4.22 Billion 8.40% 0.93x $517.22 Million