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

Latest as of March 2026: CN¥19.80 Billion CNY ≈ $2.90 Billion USD

Based on the latest financial reports, Shanghai Zhangjiang Hi-Tech Park Development Co Ltd (600895) has net assets worth CN¥19.80 Billion CNY (≈ $2.90 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¥63.21 Billion ≈ $9.25 Billion USD) and total liabilities (CN¥43.41 Billion ≈ $6.35 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 600895 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥19.80 Billion
% of Total Assets 31.33%
Annual Growth Rate 18.98%
5-Year Change 35.85%
10-Year Change 132.49%
Growth Volatility 39.13

Shanghai Zhangjiang Hi-Tech Park Development Co Ltd - Net Assets Trend (1993–2025)

This chart illustrates how Shanghai Zhangjiang Hi-Tech Park Development Co Ltd's net assets have evolved over time, based on quarterly financial data. See Shanghai Zhangjiang Hi-Tech Park Develop (600895) defensive interval to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Shanghai Zhangjiang Hi-Tech Park Development Co Ltd (1993–2025)

The table below shows the annual net assets of Shanghai Zhangjiang Hi-Tech Park Development Co Ltd from 1993 to 2025. For live valuation and market cap data, see 600895 market cap overview.

Year Net Assets Change
2025-12-31 CN¥19.71 Billion
≈ $2.88 Billion		 +7.15%
2024-12-31 CN¥18.39 Billion
≈ $2.69 Billion		 +14.85%
2023-12-31 CN¥16.01 Billion
≈ $2.34 Billion		 +4.74%
2022-12-31 CN¥15.29 Billion
≈ $2.24 Billion		 +5.40%
2021-12-31 CN¥14.51 Billion
≈ $2.12 Billion		 -0.03%
2020-12-31 CN¥14.51 Billion
≈ $2.12 Billion		 +10.76%
2019-12-31 CN¥13.10 Billion
≈ $1.92 Billion		 +46.60%
2018-12-31 CN¥8.94 Billion
≈ $1.31 Billion		 +3.49%
2017-12-31 CN¥8.64 Billion
≈ $1.26 Billion		 +1.87%
2016-12-31 CN¥8.48 Billion
≈ $1.24 Billion		 +7.00%
2015-12-31 CN¥7.92 Billion
≈ $1.16 Billion		 +5.94%
2014-12-31 CN¥7.48 Billion
≈ $1.09 Billion		 +2.61%
2013-12-31 CN¥7.29 Billion
≈ $1.07 Billion		 +6.93%
2012-12-31 CN¥6.81 Billion
≈ $997.24 Million		 +2.91%
2011-12-31 CN¥6.62 Billion
≈ $969.05 Million		 +0.94%
2010-12-31 CN¥6.56 Billion
≈ $959.98 Million		 +8.42%
2009-12-31 CN¥6.05 Billion
≈ $885.46 Million		 +11.48%
2008-12-31 CN¥5.43 Billion
≈ $794.29 Million		 +74.24%
2007-12-31 CN¥3.12 Billion
≈ $455.86 Million		 +11.96%
2006-12-31 CN¥2.78 Billion
≈ $407.18 Million		 +4.36%
2005-12-31 CN¥2.67 Billion
≈ $390.16 Million		 +3.98%
2004-12-31 CN¥2.56 Billion
≈ $375.24 Million		 +3.88%
2003-12-31 CN¥2.47 Billion
≈ $361.21 Million		 +2.89%
2002-12-31 CN¥2.40 Billion
≈ $351.05 Million		 +12.97%
2001-12-31 CN¥2.12 Billion
≈ $310.75 Million		 +143.13%
2000-12-31 CN¥873.43 Million
≈ $127.81 Million		 +15.44%
1999-12-31 CN¥756.60 Million
≈ $110.71 Million		 +10.91%
1998-12-31 CN¥682.17 Million
≈ $99.82 Million		 +84.98%
1997-12-31 CN¥368.78 Million
≈ $53.96 Million		 +17.07%
1996-12-31 CN¥315.02 Million
≈ $46.10 Million		 +162.55%
1995-12-31 CN¥119.98 Million
≈ $17.56 Million		 +52.23%
1994-12-31 CN¥78.82 Million
≈ $11.53 Million		 +4.01%
1993-12-31 CN¥75.78 Million
≈ $11.09 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 1115857.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings CN¥8.67 Billion 54.20%
Other Components CN¥7.33 Billion 45.80%
Total Equity CN¥16.00 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.

Company Market Cap
Zhuzhou CRRC Times Electric Co Ltd
SHG:688187
 $7.46 Billion
National Aluminium Company Limited
NSE:NATIONALUM
 $7.47 Billion
Pearson plc
F:PESA
 $7.47 Billion
Ormat Technologies Inc
NYSE:ORA
 $7.48 Billion
Jackson Financial Inc
NYSE:JXN
 $7.45 Billion
Chifeng Jilong Gold Mining Co Ltd
SHG:600988
 $7.45 Billion
AURUBIS AG UNSP.ADR 1/2
F:NDA1
 $7.45 Billion
Public Power Corporation S.A.
AT:PPC
 $7.44 Billion

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 2024 to 2025, total equity changed from 14,755,365,370 to 16,000,681,264, a change of 1,245,315,894 (8.4%).
  • Net income of 985,344,000 contributed positively to equity growth.
  • Dividend payments of 1,160,311,314 reduced retained earnings.
  • Other factors increased equity by 1,420,283,208.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CN¥985.34 Million +6.16%
Dividends Paid CN¥1.16 Billion -7.25%
Other Changes CN¥1.42 Billion +8.88%
Total Change CN¥- 8.44%

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: 3.32x
  • 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 543.20x to 3.32x 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¥0.06 CN¥32.89 x
1994-12-31 CN¥0.06 CN¥32.89 x
1995-12-31 CN¥0.10 CN¥32.89 x
1996-12-31 CN¥0.25 CN¥32.89 x
1997-12-31 CN¥0.29 CN¥32.89 x
1998-12-31 CN¥0.54 CN¥32.89 x
1999-12-31 CN¥0.59 CN¥32.89 x
2000-12-31 CN¥0.68 CN¥32.89 x
2001-12-31 CN¥1.68 CN¥32.89 x
2002-12-31 CN¥1.82 CN¥32.89 x
2003-12-31 CN¥1.96 CN¥32.89 x
2004-12-31 CN¥2.04 CN¥32.89 x
2005-12-31 CN¥2.11 CN¥32.89 x
2006-12-31 CN¥2.21 CN¥32.89 x
2007-12-31 CN¥2.00 CN¥32.89 x
2008-12-31 CN¥3.74 CN¥32.89 x
2009-12-31 CN¥3.77 CN¥32.89 x
2010-12-31 CN¥4.02 CN¥32.89 x
2011-12-31 CN¥4.04 CN¥32.89 x
2012-12-31 CN¥4.18 CN¥32.89 x
2013-12-31 CN¥4.45 CN¥32.89 x
2014-12-31 CN¥4.58 CN¥32.89 x
2015-12-31 CN¥4.87 CN¥32.89 x
2016-12-31 CN¥5.34 CN¥32.89 x
2017-12-31 CN¥5.40 CN¥32.89 x
2018-12-31 CN¥5.64 CN¥32.89 x
2019-12-31 CN¥6.01 CN¥32.89 x
2020-12-31 CN¥6.98 CN¥32.89 x
2021-12-31 CN¥7.03 CN¥32.89 x
2022-12-31 CN¥7.56 CN¥32.89 x
2023-12-31 CN¥8.01 CN¥32.89 x
2024-12-31 CN¥9.46 CN¥32.89 x
2025-12-31 CN¥9.91 CN¥32.89 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): 6.16%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 23.52%
  • • Asset Turnover: 0.07x
  • • Equity Multiplier: 3.94x
  • Recent ROE (6.16%) is below the historical average (8.80%), 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
2025 6.16% 23.52% 0.07x 3.94x CN¥-614.72 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: $45,889,397,120
  • Average return on equity (ROE) among peers: -0.33%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shanghai Zhangjiang Hi-Tech Park Development Co Ltd (600895) CN¥19.80 Billion 0.94% 2.19x $7.45 Billion
China Vanke Co Ltd Class A (000002) $392.77 Billion 5.73% 3.94x $4.35 Billion
Shenzhen Zhenye Group Co Ltd (000006) $1.31 Billion 8.54% 2.20x $1.62 Billion
Shenzhen Properties & Resources Development Group Ltd (000011) $662.30 Million 14.64% 3.28x $566.74 Million
Shahe Industry Co Ltd (000014) $351.64 Million 8.97% 1.85x $351.71 Million
Grandjoy Holdings Group Co Ltd (000031) $11.09 Billion 5.86% 3.99x $1.46 Billion
China Union Holdings Ltd (000036) $5.95 Billion 0.68% 0.28x $1.01 Billion
Shenzhen Centralcon Investment Holding Co Ltd (000042) $1.74 Billion 0.39% 2.19x $868.76 Million
Shenzhen Wongtee International Enterprise Co Ltd (000056) $2.10 Billion -58.50% 3.83x $229.54 Million
Financial Street Holdings Co Ltd (000402) $39.81 Billion 6.28% 3.25x $1.17 Billion
Chongqing Yukaifa Co Ltd (000514) $3.11 Billion 4.07% 1.45x $485.24 Million

About Shanghai Zhangjiang Hi-Tech Park Development Co Ltd

SHG:600895 China Real Estate - Development
Market Cap
$7.45 Billion
CN¥50.94 Billion CNY
Market Cap Rank
#2791 Global
#367 in China
Share Price
CN¥32.89
Change (1 day)
-1.14%
52-Week Range
CN¥24.40 - CN¥54.95
All Time High
CN¥54.95
Categories
Companies in China Real Estate - Development
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