Shanghai Zhangjiang Hi-Tech Park Development Co Ltd

SHG:600895 China Real Estate - Development
Market Cap
$7.86 Billion
CN¥57.67 Billion CNY
Market Cap Rank
#3266 Global
#243 in China
Share Price
CN¥37.24
Change (1 day)
-1.14%
52-Week Range
CN¥22.28 - CN¥54.95
All Time High
CN¥54.95
About

Shanghai Zhangjiang Hi-Tech Park Development Co., Ltd., together with its subsidiaries, engages in the investment, development, management, and operation of real estate properties in the People's Republic of China. The company also invests in municipal infrastructure facilities, commercial high-tech projects, communication and information, and biomedicine sectors. In addition, it involves in the … Read more

Shanghai Zhangjiang Hi-Tech Park Development Co Ltd (600895) - Net Assets

Latest net assets as of September 2025: CN¥17.03 Billion CNY

Based on the latest financial reports, Shanghai Zhangjiang Hi-Tech Park Development Co Ltd (600895) has net assets worth CN¥17.03 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¥60.42 Billion) and total liabilities (CN¥43.40 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¥17.03 Billion
% of Total Assets 28.18%
Annual Growth Rate 19.38%
5-Year Change 26.75%
10-Year Change 132.18%
Growth Volatility 39.65

Shanghai Zhangjiang Hi-Tech Park Development Co Ltd - Net Assets Trend (1993–2024)

This chart illustrates how Shanghai Zhangjiang Hi-Tech Park Development 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 Zhangjiang Hi-Tech Park Development Co Ltd (1993–2024)

The table below shows the annual net assets of Shanghai Zhangjiang Hi-Tech Park Development Co Ltd from 1993 to 2024.

Year Net Assets Change
2024-12-31 CN¥18.39 Billion +14.85%
2023-12-31 CN¥16.01 Billion +4.74%
2022-12-31 CN¥15.29 Billion +5.40%
2021-12-31 CN¥14.51 Billion -0.03%
2020-12-31 CN¥14.51 Billion +10.76%
2019-12-31 CN¥13.10 Billion +46.60%
2018-12-31 CN¥8.94 Billion +3.49%
2017-12-31 CN¥8.64 Billion +1.87%
2016-12-31 CN¥8.48 Billion +7.00%
2015-12-31 CN¥7.92 Billion +5.94%
2014-12-31 CN¥7.48 Billion +2.61%
2013-12-31 CN¥7.29 Billion +6.93%
2012-12-31 CN¥6.81 Billion +2.91%
2011-12-31 CN¥6.62 Billion +0.94%
2010-12-31 CN¥6.56 Billion +8.42%
2009-12-31 CN¥6.05 Billion +11.48%
2008-12-31 CN¥5.43 Billion +74.24%
2007-12-31 CN¥3.12 Billion +11.96%
2006-12-31 CN¥2.78 Billion +4.36%
2005-12-31 CN¥2.67 Billion +3.98%
2004-12-31 CN¥2.56 Billion +3.88%
2003-12-31 CN¥2.47 Billion +2.89%
2002-12-31 CN¥2.40 Billion +12.97%
2001-12-31 CN¥2.12 Billion +143.13%
2000-12-31 CN¥873.43 Million +15.44%
1999-12-31 CN¥756.60 Million +10.91%
1998-12-31 CN¥682.17 Million +84.98%
1997-12-31 CN¥368.78 Million +17.07%
1996-12-31 CN¥315.02 Million +162.55%
1995-12-31 CN¥119.98 Million +52.23%
1994-12-31 CN¥78.82 Million +4.01%
1993-12-31 CN¥75.78 Million --

Equity Component Analysis

This analysis shows how different components contribute to Shanghai Zhangjiang Hi-Tech Park Development 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 1038338.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥8.07 Billion 54.70%
Common Stock CN¥1.55 Billion 10.50%
Other Components CN¥5.14 Billion 34.81%
Total Equity CN¥14.76 Billion 100.00%

Shanghai Zhangjiang Hi-Tech Park Development Co Ltd Competitors by Market Cap

The table below lists competitors of Shanghai Zhangjiang Hi-Tech Park Development Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Shanghai Zhangjiang Hi-Tech Park Development Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 12,442,363,469 to 14,755,365,370, a change of 2,313,001,901 (18.6%).
  • Net income of 982,421,582 contributed positively to equity growth.
  • Dividend payments of 1,224,819,000 reduced retained earnings.
  • Other factors increased equity by 2,555,399,319.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥982.42 Million +6.66%
Dividends Paid CN¥1.22 Billion -8.3%
Other Changes CN¥2.56 Billion +17.32%
Total Change CN¥- 18.59%

Book Value vs Market Value Analysis

This analysis compares Shanghai Zhangjiang Hi-Tech Park Development 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: 3.94x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 615.04x to 3.94x 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¥0.06 CN¥37.24 x
1994-12-31 CN¥0.06 CN¥37.24 x
1995-12-31 CN¥0.10 CN¥37.24 x
1996-12-31 CN¥0.25 CN¥37.24 x
1997-12-31 CN¥0.29 CN¥37.24 x
1998-12-31 CN¥0.54 CN¥37.24 x
1999-12-31 CN¥0.59 CN¥37.24 x
2000-12-31 CN¥0.68 CN¥37.24 x
2001-12-31 CN¥1.68 CN¥37.24 x
2002-12-31 CN¥1.82 CN¥37.24 x
2003-12-31 CN¥1.96 CN¥37.24 x
2004-12-31 CN¥2.04 CN¥37.24 x
2005-12-31 CN¥2.11 CN¥37.24 x
2006-12-31 CN¥2.21 CN¥37.24 x
2007-12-31 CN¥2.00 CN¥37.24 x
2008-12-31 CN¥3.74 CN¥37.24 x
2009-12-31 CN¥3.77 CN¥37.24 x
2010-12-31 CN¥4.02 CN¥37.24 x
2011-12-31 CN¥4.04 CN¥37.24 x
2012-12-31 CN¥4.18 CN¥37.24 x
2013-12-31 CN¥4.45 CN¥37.24 x
2014-12-31 CN¥4.58 CN¥37.24 x
2015-12-31 CN¥4.87 CN¥37.24 x
2016-12-31 CN¥5.34 CN¥37.24 x
2017-12-31 CN¥5.40 CN¥37.24 x
2018-12-31 CN¥5.64 CN¥37.24 x
2019-12-31 CN¥6.01 CN¥37.24 x
2020-12-31 CN¥6.98 CN¥37.24 x
2021-12-31 CN¥7.03 CN¥37.24 x
2022-12-31 CN¥7.56 CN¥37.24 x
2023-12-31 CN¥8.01 CN¥37.24 x
2024-12-31 CN¥9.46 CN¥37.24 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shanghai Zhangjiang Hi-Tech Park Development 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): 6.66%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 49.53%
  • • Asset Turnover: 0.03x
  • • Equity Multiplier: 4.03x
  • Recent ROE (6.66%) is below the historical average (8.88%), 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 0.94% 12.75% 0.03x 2.18x CN¥-6.87 Million
1994 3.86% 14.81% 0.12x 2.26x CN¥-4.84 Million
1995 25.49% 33.73% 0.33x 2.26x CN¥18.59 Million
1996 15.05% 33.41% 0.28x 1.59x CN¥15.90 Million
1997 14.11% 39.05% 0.26x 1.36x CN¥15.07 Million
1998 7.68% 48.17% 0.14x 1.12x CN¥-15.80 Million
1999 8.60% 37.95% 0.18x 1.25x CN¥-10.38 Million
2000 15.07% 70.20% 0.13x 1.69x CN¥43.05 Million
2001 9.64% 32.92% 0.22x 1.31x CN¥-7.60 Million
2002 7.64% 49.34% 0.11x 1.40x CN¥-53.77 Million
2003 7.17% 21.39% 0.25x 1.35x CN¥-69.23 Million
2004 6.96% 31.63% 0.18x 1.24x CN¥-77.66 Million
2005 6.61% 32.37% 0.16x 1.28x CN¥-89.52 Million
2006 8.05% 38.74% 0.14x 1.51x CN¥-53.80 Million
2007 14.46% 31.62% 0.15x 3.13x CN¥117.15 Million
2008 10.17% 30.06% 0.16x 2.05x CN¥8.77 Million
2009 12.20% 32.74% 0.15x 2.46x CN¥127.53 Million
2010 7.71% 35.13% 0.08x 2.77x CN¥-142.40 Million
2011 7.42% 26.01% 0.10x 2.83x CN¥-162.52 Million
2012 5.74% 16.34% 0.12x 2.83x CN¥-274.55 Million
2013 5.39% 19.41% 0.10x 2.65x CN¥-318.35 Million
2014 6.12% 14.52% 0.17x 2.48x CN¥-276.38 Million
2015 6.37% 19.91% 0.13x 2.45x CN¥-274.57 Million
2016 8.81% 34.81% 0.11x 2.31x CN¥-98.60 Million
2017 5.56% 37.31% 0.07x 2.26x CN¥-374.06 Million
2018 6.21% 47.40% 0.06x 2.24x CN¥-332.11 Million
2019 6.26% 39.47% 0.06x 2.75x CN¥-347.74 Million
2020 16.86% 233.84% 0.02x 3.04x CN¥741.57 Million
2021 6.80% 35.32% 0.06x 3.42x CN¥-348.72 Million
2022 7.02% 43.12% 0.04x 3.65x CN¥-348.87 Million
2023 7.62% 46.79% 0.04x 4.10x CN¥-296.34 Million
2024 6.66% 49.53% 0.03x 4.03x CN¥-493.11 Million

Industry Comparison

This section compares Shanghai Zhangjiang Hi-Tech Park Development Co Ltd's net assets metrics with peer companies in the Real Estate - Development industry.

Industry Context

  • Industry: Real Estate - Development
  • Average net assets among peers: $9,981,031,371
  • Average return on equity (ROE) among peers: 6.00%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shanghai Zhangjiang Hi-Tech Park Development Co Ltd (600895) CN¥17.03 Billion 0.94% 2.55x $4.01 Billion
China Vanke Co Ltd Class A (000002) $2.15 Billion 10.68% 1.09x $5.28 Billion
Shenzhen Zhenye Group Co Ltd (000006) $2.89 Billion 15.02% 1.88x $1.04 Billion
Shahe Industry Co Ltd (000014) $605.85 Million 8.96% 1.98x $312.36 Million
Grandjoy Holdings Group Co Ltd (000031) $52.09 Billion 0.21% 3.08x $571.80 Million
China Union Holdings Ltd (000036) $2.68 Billion 2.58% 1.41x $356.29 Million
Shenzhen Centralcon Investment Holding Co Ltd (000042) $1.74 Billion 0.39% 2.19x $315.70 Million
Shenzhen Wongtee International Enterprise Co Ltd (000056) $5.55 Billion 0.90% 1.24x $213.53 Million
Financial Street Holdings Co Ltd (000402) $31.13 Billion 9.01% 2.62x $785.44 Million
Chongqing Yukaifa Co Ltd (000514) $147.43 Million 10.06% 0.84x $208.71 Million
Rongan Property Co Ltd (000517) $819.92 Million 2.19% 0.80x $214.19 Million