Shanghai Haixin Group Co Ltd A

SHG:600851 China Conglomerates
Market Cap
$889.40 Million
CN¥6.53 Billion CNY
Market Cap Rank
#7059 Global
#1162 in China
Share Price
CN¥8.84
Change (1 day)
-0.67%
52-Week Range
CN¥6.07 - CN¥8.98
All Time High
CN¥14.49
Categories
Companies in China Conglomerates
About

Shanghai Haixin Group Co., Ltd. engages in the manufacture and sale of pharmaceutical products in China and internationally. It is also involved in leasing of park properties, financial investment and commodity trading, as well as production and sales of chemical drugs through its sales platform or local distributors; and research and development, production, and sales of plush fabrics and clothi… Read more

Shanghai Haixin Group Co Ltd A (600851) - Net Assets

Latest net assets as of September 2025: CN¥4.84 Billion CNY

Based on the latest financial reports, Shanghai Haixin Group Co Ltd A (600851) has net assets worth CN¥4.84 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¥5.83 Billion) and total liabilities (CN¥985.74 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¥4.84 Billion
% of Total Assets 83.09%
Annual Growth Rate 8.2%
5-Year Change 2.77%
10-Year Change -6.29%
Growth Volatility 37.88

Shanghai Haixin Group Co Ltd A - Net Assets Trend (1993–2024)

This chart illustrates how Shanghai Haixin 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 Shanghai Haixin Group Co Ltd A (1993–2024)

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

Year Net Assets Change
2024-12-31 CN¥4.50 Billion +8.84%
2023-12-31 CN¥4.14 Billion +2.90%
2022-12-31 CN¥4.02 Billion -6.16%
2021-12-31 CN¥4.28 Billion -2.21%
2020-12-31 CN¥4.38 Billion +8.18%
2019-12-31 CN¥4.05 Billion +11.67%
2018-12-31 CN¥3.63 Billion -8.22%
2017-12-31 CN¥3.95 Billion -8.97%
2016-12-31 CN¥4.34 Billion -9.66%
2015-12-31 CN¥4.80 Billion -13.30%
2014-12-31 CN¥5.54 Billion +72.29%
2013-12-31 CN¥3.22 Billion +3.32%
2012-12-31 CN¥3.11 Billion +12.95%
2011-12-31 CN¥2.76 Billion -15.45%
2010-12-31 CN¥3.26 Billion -23.67%
2009-12-31 CN¥4.27 Billion +52.92%
2008-12-31 CN¥2.79 Billion -55.15%
2007-12-31 CN¥6.23 Billion +161.67%
2006-12-31 CN¥2.38 Billion -1.38%
2005-12-31 CN¥2.41 Billion -0.90%
2004-12-31 CN¥2.43 Billion +3.80%
2003-12-31 CN¥2.35 Billion +11.69%
2002-12-31 CN¥2.10 Billion +7.20%
2001-12-31 CN¥1.96 Billion +5.93%
2000-12-31 CN¥1.85 Billion +90.65%
1999-12-31 CN¥970.14 Million +10.77%
1998-12-31 CN¥875.84 Million +2.37%
1997-12-31 CN¥855.56 Million +39.32%
1996-12-31 CN¥614.12 Million +13.76%
1995-12-31 CN¥539.86 Million +22.20%
1994-12-31 CN¥441.79 Million +12.95%
1993-12-31 CN¥391.15 Million --

Equity Component Analysis

This analysis shows how different components contribute to Shanghai Haixin 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 6276.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥868.65 Million 20.04%
Common Stock CN¥1.21 Billion 27.85%
Other Comprehensive Income CN¥1.85 Billion 42.75%
Other Components CN¥405.58 Million 9.36%
Total Equity CN¥4.33 Billion 100.00%

Shanghai Haixin Group Co Ltd A Competitors by Market Cap

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

Company Market Cap
MNYFF
PINK:MNYFF
 		$1.07 Billion
Solar Applied Materials Technology
TWO:1785
 		$1.07 Billion
Shanghai New Vision Microelectronics Co. Ltd. A
SHG:688593
 		$1.07 Billion
The Tel-Aviv Stock Exchange Ltd
OTCGREY:TVAVF
 		$1.07 Billion
IOI Properties Group Bhd
KLSE:5249
 		$1.07 Billion
SPIC Dongfang New Energy Corp
SHE:000958
 		$1.07 Billion
PT Gudang Garam Tbk
PINK:GDNGY
 		$1.07 Billion
TRIUMPH FINANCIAL DL-01
F:2THA
 		$1.07 Billion

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 3,965,055,449 to 4,334,362,916, a change of 369,307,467 (9.3%).
  • Net income of 150,940,806 contributed positively to equity growth.
  • Dividend payments of 79,421,890 reduced retained earnings.
  • Other comprehensive income increased equity by 876,709,253.
  • Other factors decreased equity by 578,920,702.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥150.94 Million +3.48%
Dividends Paid CN¥79.42 Million -1.83%
Other Comprehensive Income CN¥876.71 Million +20.23%
Other Changes CN¥-578.92 Million -13.36%
Total Change CN¥- 9.31%

Book Value vs Market Value Analysis

This analysis compares Shanghai Haixin 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: 2.46x
  • 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 17.33x to 2.46x 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¥0.51 CN¥8.84 x
1995-12-31 CN¥0.49 CN¥8.84 x
1996-12-31 CN¥0.55 CN¥8.84 x
1997-12-31 CN¥0.80 CN¥8.84 x
1998-12-31 CN¥0.84 CN¥8.84 x
1999-12-31 CN¥0.94 CN¥8.84 x
2000-12-31 CN¥1.34 CN¥8.84 x
2001-12-31 CN¥1.41 CN¥8.84 x
2002-12-31 CN¥1.49 CN¥8.84 x
2003-12-31 CN¥1.65 CN¥8.84 x
2004-12-31 CN¥1.74 CN¥8.84 x
2005-12-31 CN¥1.70 CN¥8.84 x
2006-12-31 CN¥1.66 CN¥8.84 x
2007-12-31 CN¥4.88 CN¥8.84 x
2008-12-31 CN¥2.12 CN¥8.84 x
2009-12-31 CN¥3.35 CN¥8.84 x
2010-12-31 CN¥2.51 CN¥8.84 x
2011-12-31 CN¥2.09 CN¥8.84 x
2012-12-31 CN¥2.39 CN¥8.84 x
2013-12-31 CN¥2.48 CN¥8.84 x
2014-12-31 CN¥4.41 CN¥8.84 x
2015-12-31 CN¥3.79 CN¥8.84 x
2016-12-31 CN¥3.43 CN¥8.84 x
2017-12-31 CN¥3.13 CN¥8.84 x
2018-12-31 CN¥2.83 CN¥8.84 x
2019-12-31 CN¥3.19 CN¥8.84 x
2020-12-31 CN¥3.47 CN¥8.84 x
2021-12-31 CN¥3.42 CN¥8.84 x
2022-12-31 CN¥3.18 CN¥8.84 x
2023-12-31 CN¥3.29 CN¥8.84 x
2024-12-31 CN¥3.59 CN¥8.84 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shanghai Haixin 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): 3.48%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 18.97%
  • • Asset Turnover: 0.15x
  • • Equity Multiplier: 1.23x
  • Recent ROE (3.48%) is below the historical average (5.19%), 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 16.75% 19.35% 0.71x 1.22x CN¥29.73 Million
1995 12.68% 12.35% 0.58x 1.77x CN¥11.45 Million
1996 16.09% 12.76% 0.56x 2.26x CN¥28.73 Million
1997 16.77% 13.08% 0.60x 2.14x CN¥46.85 Million
1998 12.51% 11.46% 0.52x 2.09x CN¥18.12 Million
1999 11.59% 12.47% 0.43x 2.15x CN¥12.97 Million
2000 7.23% 12.16% 0.36x 1.65x CN¥-44.88 Million
2001 8.60% 13.39% 0.36x 1.78x CN¥-23.86 Million
2002 8.80% 9.67% 0.49x 1.84x CN¥-21.54 Million
2003 8.76% 9.54% 0.51x 1.79x CN¥-24.59 Million
2004 7.72% 8.39% 0.51x 1.82x CN¥-47.93 Million
2005 2.82% 3.04% 0.50x 1.86x CN¥-147.08 Million
2006 0.18% 0.20% 0.47x 1.97x CN¥-196.24 Million
2007 0.09% 0.33% 0.17x 1.52x CN¥-583.60 Million
2008 -13.45% -24.17% 0.34x 1.63x CN¥-601.18 Million
2009 0.18% 0.62% 0.19x 1.53x CN¥-396.86 Million
2010 0.50% 1.24% 0.26x 1.54x CN¥-288.68 Million
2011 1.51% 3.02% 0.32x 1.57x CN¥-214.70 Million
2012 1.80% 3.95% 0.30x 1.51x CN¥-236.29 Million
2013 2.19% 5.18% 0.29x 1.47x CN¥-233.75 Million
2014 5.46% 26.21% 0.15x 1.36x CN¥-241.81 Million
2015 3.44% 14.97% 0.17x 1.32x CN¥-300.01 Million
2016 2.17% 8.89% 0.19x 1.31x CN¥-324.74 Million
2017 2.78% 10.53% 0.20x 1.29x CN¥-272.87 Million
2018 3.95% 12.31% 0.24x 1.32x CN¥-206.82 Million
2019 2.70% 9.35% 0.22x 1.34x CN¥-280.93 Million
2020 2.85% 12.80% 0.17x 1.34x CN¥-299.52 Million
2021 2.27% 6.20% 0.28x 1.29x CN¥-319.14 Million
2022 4.27% 11.39% 0.29x 1.28x CN¥-220.30 Million
2023 4.19% 14.04% 0.24x 1.24x CN¥-230.47 Million
2024 3.48% 18.97% 0.15x 1.23x CN¥-282.50 Million

Industry Comparison

This section compares Shanghai Haixin Group Co Ltd A's net assets metrics with peer companies in the Conglomerates industry.

Industry Context

  • Industry: Conglomerates
  • Average net assets among peers: $978,124,373
  • Average return on equity (ROE) among peers: 8.21%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shanghai Haixin Group Co Ltd A (600851) CN¥4.84 Billion 16.75% 0.20x $1.07 Billion
China Baoan Group Co Ltd (000009) $1.27 Billion 1.07% 2.24x $1.86 Billion
Yunding Technology Co Ltd (000409) $941.98 Million 8.55% 0.27x $527.49 Million
Create Technology & Science Co Ltd (000551) $251.29 Million 12.94% 2.35x $557.14 Million
Sundiro Holding Co Ltd (000571) $1.77 Billion 7.65% 0.23x $606.69 Million
Guangdong Ganhua Science & Industry Co Ltd (000576) $701.02 Million 10.07% 0.54x $356.12 Million
Macrolink Real Estate Co Ltd (000620) $143.94 Million 0.00% 3.19x $1.86 Billion
Tianjin Economic-technological Development Area Co Ltd (000652) $571.94 Million 29.23% 0.30x $544.91 Million
CHTC Helon Co Ltd (000677) $529.22 Million 4.03% 1.82x $434.09 Million
Gansu Yatai Industrial Development Co Ltd (000691) $673.22 Million 5.50% 0.58x $290.70 Million
Hunan Fazhan Industrial Co Ltd (000722) $2.92 Billion 3.04% 0.07x $393.69 Million