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

Latest as of March 2026: CN¥29.09 Billion CNY ≈ $4.26 Billion USD

Based on the latest financial reports, Shanghai Lingang Holdings Co Ltd A (600848) has net assets worth CN¥29.09 Billion CNY (≈ $4.26 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥86.75 Billion ≈ $12.69 Billion USD) and total liabilities (CN¥57.66 Billion ≈ $8.44 Billion 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 Shanghai Lingang Holdings Co Ltd A tangible equity quality to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥29.09 Billion
% of Total Assets	33.53%
Annual Growth Rate	14.31%
5-Year Change	44.93%
10-Year Change	450.99%
Growth Volatility	435.94

Shanghai Lingang Holdings Co Ltd A - Net Assets Trend (1993–2025)

This chart illustrates how Shanghai Lingang Holdings Co Ltd A's net assets have evolved over time, based on quarterly financial data. See how many days can Shanghai Lingang Holdings Co Ltd A fund operations to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Shanghai Lingang Holdings Co Ltd A (1993–2025)

The table below shows the annual net assets of Shanghai Lingang Holdings Co Ltd A from 1993 to 2025. For live valuation and market cap data, see market value of Shanghai Lingang Holdings Co Ltd A.

Year	Net Assets	Change
2025-12-31	CN¥28.95 Billion ≈ $4.24 Billion	-14.44%
2024-12-31	CN¥33.84 Billion ≈ $4.95 Billion	+5.82%
2023-12-31	CN¥31.98 Billion ≈ $4.68 Billion	+16.64%
2022-12-31	CN¥27.42 Billion ≈ $4.01 Billion	+37.24%
2021-12-31	CN¥19.98 Billion ≈ $2.92 Billion	+13.06%
2020-12-31	CN¥17.67 Billion ≈ $2.59 Billion	+8.50%
2019-12-31	CN¥16.29 Billion ≈ $2.38 Billion	+102.39%
2018-12-31	CN¥8.05 Billion ≈ $1.18 Billion	+7.64%
2017-12-31	CN¥7.48 Billion ≈ $1.09 Billion	+42.26%
2016-12-31	CN¥5.25 Billion ≈ $768.97 Million	+49.51%
2015-12-31	CN¥3.51 Billion ≈ $514.32 Million	+2507.45%
2014-12-31	CN¥134.80 Million ≈ $19.73 Million	-30.61%
2013-12-31	CN¥194.27 Million ≈ $28.43 Million	+6.52%
2012-12-31	CN¥182.38 Million ≈ $26.69 Million	+6.19%
2011-12-31	CN¥171.74 Million ≈ $25.13 Million	+3.40%
2010-12-31	CN¥166.10 Million ≈ $24.31 Million	+2.84%
2009-12-31	CN¥161.52 Million ≈ $23.64 Million	+3.41%
2008-12-31	CN¥156.20 Million ≈ $22.86 Million	+3.92%
2007-12-31	CN¥150.31 Million ≈ $21.99 Million	+6.36%
2006-12-31	CN¥141.32 Million ≈ $20.68 Million	+5.97%
2005-12-31	CN¥133.36 Million ≈ $19.51 Million	+5.64%
2004-12-31	CN¥126.23 Million ≈ $18.47 Million	+7.30%
2003-12-31	CN¥117.64 Million ≈ $17.21 Million	-13.35%
2002-12-31	CN¥135.78 Million ≈ $19.87 Million	+2.16%
2001-12-31	CN¥132.90 Million ≈ $19.45 Million	-33.62%
2000-12-31	CN¥200.21 Million ≈ $29.30 Million	-52.46%
1999-12-31	CN¥421.15 Million ≈ $61.63 Million	-45.19%
1998-12-31	CN¥768.37 Million ≈ $112.44 Million	-3.25%
1997-12-31	CN¥794.16 Million ≈ $116.21 Million	+11.40%
1996-12-31	CN¥712.92 Million ≈ $104.32 Million	+15.51%
1995-12-31	CN¥617.19 Million ≈ $90.31 Million	+2.36%
1994-12-31	CN¥602.94 Million ≈ $88.23 Million	+50.59%
1993-12-31	CN¥400.40 Million ≈ $58.59 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 183821.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥5.87 Billion	35.15%
Other Components	CN¥10.82 Billion	64.85%
Total Equity	CN¥16.69 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.

Company	Market Cap
Urban Edge Properties NYSE:UE	$2.81 Billion
TIME Dotcom Bhd KLSE:5031	$2.81 Billion
Keboda Technology Co Ltd SHG:603786	$2.81 Billion
Huaming Power Equipment Co Ltd SHE:002270	$2.81 Billion
Heartflow, Inc. Common Stock NASDAQ:HTFL	$2.81 Billion
Shenzhen hongfuhan Technology Co. Ltd. SHE:301086	$2.81 Billion
Emerald Resources NL AU:EMR	$2.80 Billion
Posco ICT Company Ltd KQ:022100	$2.80 Billion

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 2024 to 2025, total equity changed from 19,136,143,376 to 16,692,775,243, a change of -2,443,368,133 (-12.8%).
Net income of 969,062,997 contributed positively to equity growth.
Dividend payments of 1,618,953,645 reduced retained earnings.
Other comprehensive income decreased equity by 2,850,146,832.
Other factors increased equity by 1,056,669,347.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥969.06 Million	+5.81%
Dividends Paid	CN¥1.62 Billion	-9.7%
Other Comprehensive Income	CN¥-2.85 Billion	-17.07%
Other Changes	CN¥1.06 Billion	+6.33%
Total Change	CN¥-	-12.77%

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: 1.21x
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 8.05x to 1.21x 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¥8.01	x
1994-12-31	CN¥1.48	CN¥8.01	x
1995-12-31	CN¥1.46	CN¥8.01	x
1996-12-31	CN¥1.69	CN¥8.01	x
1997-12-31	CN¥1.88	CN¥8.01	x
1998-12-31	CN¥1.81	CN¥8.01	x
1999-12-31	CN¥1.00	CN¥8.01	x
2000-12-31	CN¥0.45	CN¥8.01	x
2001-12-31	CN¥0.27	CN¥8.01	x
2002-12-31	CN¥0.27	CN¥8.01	x
2003-12-31	CN¥0.29	CN¥8.01	x
2004-12-31	CN¥0.31	CN¥8.01	x
2005-12-31	CN¥0.32	CN¥8.01	x
2006-12-31	CN¥0.29	CN¥8.01	x
2007-12-31	CN¥0.30	CN¥8.01	x
2008-12-31	CN¥0.32	CN¥8.01	x
2009-12-31	CN¥0.33	CN¥8.01	x
2010-12-31	CN¥0.35	CN¥8.01	x
2011-12-31	CN¥0.37	CN¥8.01	x
2012-12-31	CN¥0.38	CN¥8.01	x
2013-12-31	CN¥0.41	CN¥8.01	x
2014-12-31	CN¥0.29	CN¥8.01	x
2015-12-31	CN¥4.17	CN¥8.01	x
2016-12-31	CN¥3.82	CN¥8.01	x
2017-12-31	CN¥4.90	CN¥8.01	x
2018-12-31	CN¥3.02	CN¥8.01	x
2019-12-31	CN¥5.40	CN¥8.01	x
2020-12-31	CN¥5.76	CN¥8.01	x
2021-12-31	CN¥6.09	CN¥8.01	x
2022-12-31	CN¥6.75	CN¥8.01	x
2023-12-31	CN¥7.36	CN¥8.01	x
2024-12-31	CN¥7.50	CN¥8.01	x
2025-12-31	CN¥6.62	CN¥8.01	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): 5.81%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 12.21%
• Asset Turnover: 0.09x
• Equity Multiplier: 5.25x
Recent ROE (5.81%) is above the historical average (3.45%), 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
2025	5.81%	12.21%	0.09x	5.25x	CN¥-700.21 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: $1,282,723,443
Average return on equity (ROE) among peers: 8.53%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Shanghai Lingang Holdings Co Ltd A (600848)	CN¥29.09 Billion	1.07%	1.98x	$2.81 Billion
Shenzhen SEG Co Ltd (000058)	$529.79 Million	16.65%	1.88x	$955.37 Million
5I5j Holding Group Co Ltd (000560)	$605.19 Million	6.50%	3.73x	$758.30 Million
DongGuan Winnerway Industrial Zone Ltd (000573)	$1.60 Billion	4.29%	0.31x	$375.47 Million
Beijing Mainstreets Investment (000609)	$1.54 Billion	1.90%	1.73x	$518.50 Million
Rongfeng Holding Group (000668)	$394.77 Million	6.95%	0.62x	$478.31 Million
Sanxiang Co Ltd (000863)	$4.12 Billion	0.15%	0.68x	$765.39 Million
China Merchants Property Operation & Service Co Ltd (001914)	$471.75 Million	4.13%	1.46x	$1.36 Billion
Shenzhen Worldunion Properties Consultancy Inc (002285)	$238.74 Million	27.80%	0.52x	$656.13 Million
Chongqing New Dazheng Property Grp (002968)	$853.24 Million	15.38%	0.44x	$296.68 Million
Shenzhen SEG Co Ltd (200058)	$2.47 Billion	1.52%	1.05x	$50.65 Million

About Shanghai Lingang Holdings Co Ltd A

SHG:600848 China Real Estate Services

Market Cap

$2.81 Billion

CN¥19.18 Billion CNY

Market Cap Rank

#5229 Global

#992 in China

Share Price

CN¥8.01

Change (1 day)

+0.00%

52-Week Range

CN¥8.00 - CN¥13.45

All Time High

CN¥47.30