Sanjiang Shopping Club Co Ltd
Sanjiang Shopping Club Co.,Ltd operates a chain of food supermarkets in Zhejiang province, the People's Republic of China. The company operates community stores, Hema stores, and neighborhood stores. It also provides online sale, supply chain management, and wholesale, retail, and trading services. In addition, the company engages in the computer software development and consulting, as well as ve… Read more
Sanjiang Shopping Club Co Ltd (601116) - Net Assets
Latest net assets as of September 2025: CN¥3.22 Billion CNY
Based on the latest financial reports, Sanjiang Shopping Club Co Ltd (601116) has net assets worth CN¥3.22 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¥5.07 Billion) and total liabilities (CN¥1.86 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¥3.22 Billion |
| % of Total Assets | 63.39% |
| Annual Growth Rate | 16.42% |
| 5-Year Change | 0.93% |
| 10-Year Change | 102.96% |
| Growth Volatility | 35.74 |
Sanjiang Shopping Club Co Ltd - Net Assets Trend (2007–2024)
This chart illustrates how Sanjiang Shopping Club 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 Sanjiang Shopping Club Co Ltd (2007–2024)
The table below shows the annual net assets of Sanjiang Shopping Club Co Ltd from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.21 Billion | +1.04% |
| 2023-12-31 | CN¥3.18 Billion | +1.03% |
| 2022-12-31 | CN¥3.14 Billion | +1.42% |
| 2021-12-31 | CN¥3.10 Billion | -2.51% |
| 2020-12-31 | CN¥3.18 Billion | +0.40% |
| 2019-12-31 | CN¥3.17 Billion | +1.64% |
| 2018-12-31 | CN¥3.12 Billion | +90.44% |
| 2017-12-31 | CN¥1.64 Billion | +2.23% |
| 2016-12-31 | CN¥1.60 Billion | +1.22% |
| 2015-12-31 | CN¥1.58 Billion | -0.91% |
| 2014-12-31 | CN¥1.60 Billion | +1.85% |
| 2013-12-31 | CN¥1.57 Billion | +4.51% |
| 2012-12-31 | CN¥1.50 Billion | +8.29% |
| 2011-12-31 | CN¥1.38 Billion | +127.08% |
| 2010-12-31 | CN¥609.80 Million | +22.92% |
| 2009-12-31 | CN¥496.10 Million | +50.04% |
| 2008-12-31 | CN¥330.65 Million | +36.51% |
| 2007-12-31 | CN¥242.22 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sanjiang Shopping Club 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 365.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥482.59 Million | 15.03% |
| Common Stock | CN¥547.68 Million | 17.06% |
| Other Comprehensive Income | CN¥198.12 Million | 6.17% |
| Other Components | CN¥1.98 Billion | 61.73% |
| Total Equity | CN¥3.21 Billion | 100.00% |
Sanjiang Shopping Club Co Ltd Competitors by Market Cap
The table below lists competitors of Sanjiang Shopping Club Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sinostar Cable Co. Ltd.
SHE:300933
|
$377.18 Million |
|
Kunshan Asia Aroma Corp. Ltd.
SHE:301220
|
$377.24 Million |
|
Renew Energy Global PLC
NASDAQ:RNW
|
$377.46 Million |
|
Joyware Electronics Co Ltd
SHE:300270
|
$377.47 Million |
|
Mota-Engil SGPS S.A
LS:EGL
|
$376.89 Million |
|
Stratasys Ltd
NASDAQ:SSYS
|
$376.84 Million |
|
Longkou Union Chemical Co. Ltd. A
SHE:301209
|
$376.80 Million |
|
Guangzhou R&F Properties Co. Ltd
PINK:GZUHF
|
$376.74 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sanjiang Shopping Club Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,177,156,753 to 3,210,147,167, a change of 32,990,414 (1.0%).
- Net income of 142,526,099 contributed positively to equity growth.
- Dividend payments of 109,535,680 reduced retained earnings.
- Other comprehensive income increased equity by 198,118,245.
- Other factors decreased equity by 198,118,250.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥142.53 Million | +4.44% |
| Dividends Paid | CN¥109.54 Million | -3.41% |
| Other Comprehensive Income | CN¥198.12 Million | +6.17% |
| Other Changes | CN¥-198.12 Million | -6.17% |
| Total Change | CN¥- | 1.04% |
Book Value vs Market Value Analysis
This analysis compares Sanjiang Shopping Club 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: 2.51x
- 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 19.50x to 2.51x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | CN¥0.75 | CN¥14.68 | x |
| 2008-12-31 | CN¥1.05 | CN¥14.68 | x |
| 2009-12-31 | CN¥1.47 | CN¥14.68 | x |
| 2010-12-31 | CN¥1.74 | CN¥14.68 | x |
| 2011-12-31 | CN¥3.46 | CN¥14.68 | x |
| 2012-12-31 | CN¥3.65 | CN¥14.68 | x |
| 2013-12-31 | CN¥3.86 | CN¥14.68 | x |
| 2014-12-31 | CN¥3.92 | CN¥14.68 | x |
| 2015-12-31 | CN¥3.77 | CN¥14.68 | x |
| 2016-12-31 | CN¥3.96 | CN¥14.68 | x |
| 2017-12-31 | CN¥3.92 | CN¥14.68 | x |
| 2018-12-31 | CN¥6.70 | CN¥14.68 | x |
| 2019-12-31 | CN¥5.78 | CN¥14.68 | x |
| 2020-12-31 | CN¥5.70 | CN¥14.68 | x |
| 2021-12-31 | CN¥5.66 | CN¥14.68 | x |
| 2022-12-31 | CN¥5.74 | CN¥14.68 | x |
| 2023-12-31 | CN¥5.77 | CN¥14.68 | x |
| 2024-12-31 | CN¥5.86 | CN¥14.68 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sanjiang Shopping Club 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): 4.44%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.68%
- • Asset Turnover: 0.76x
- • Equity Multiplier: 1.59x
- Recent ROE (4.44%) is below the historical average (10.69%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 33.22% | 2.51% | 2.21x | 5.99x | CN¥56.23 Million |
| 2008 | 27.66% | 2.30% | 2.70x | 4.46x | CN¥58.38 Million |
| 2009 | 24.49% | 2.73% | 2.71x | 3.31x | CN¥71.87 Million |
| 2010 | 21.55% | 2.72% | 2.58x | 3.06x | CN¥70.43 Million |
| 2011 | 11.04% | 2.99% | 1.75x | 2.11x | CN¥14.46 Million |
| 2012 | 11.75% | 3.44% | 1.68x | 2.03x | CN¥26.20 Million |
| 2013 | 9.58% | 3.20% | 1.52x | 1.97x | CN¥-6.66 Million |
| 2014 | 6.88% | 2.47% | 1.56x | 1.78x | CN¥-49.81 Million |
| 2015 | 4.24% | 1.54% | 1.55x | 1.77x | CN¥-91.07 Million |
| 2016 | 6.32% | 2.47% | 1.53x | 1.67x | CN¥-58.98 Million |
| 2017 | 6.64% | 2.88% | 1.36x | 1.69x | CN¥-54.98 Million |
| 2018 | 3.58% | 2.70% | 0.93x | 1.42x | CN¥-200.06 Million |
| 2019 | 5.07% | 4.03% | 0.87x | 1.44x | CN¥-156.27 Million |
| 2020 | 3.92% | 2.85% | 0.96x | 1.44x | CN¥-189.84 Million |
| 2021 | 2.85% | 2.25% | 0.79x | 1.60x | CN¥-221.78 Million |
| 2022 | 4.95% | 3.81% | 0.81x | 1.61x | CN¥-158.69 Million |
| 2023 | 4.33% | 3.53% | 0.77x | 1.58x | CN¥-180.02 Million |
| 2024 | 4.44% | 3.68% | 0.76x | 1.59x | CN¥-178.49 Million |
Industry Comparison
This section compares Sanjiang Shopping Club Co Ltd's net assets metrics with peer companies in the Grocery Stores industry.
Industry Context
- Industry: Grocery Stores
- Average net assets among peers: $1,746,415,571
- Average return on equity (ROE) among peers: 9.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sanjiang Shopping Club Co Ltd (601116) | CN¥3.22 Billion | 33.22% | 0.58x | $377.13 Million |
| Renrenle Commercial Group Co Ltd (002336) | $1.77 Billion | -30.44% | 1.97x | $5.26 Million |
| Shanghai Laiyifen Co Ltd (603777) | $1.74 Billion | -4.34% | 0.82x | $215.35 Million |
| Shenyang Toly Bread Co Ltd (603866) | $3.16 Billion | 16.26% | 0.12x | $504.95 Million |
| Ganso Co Ltd (603886) | $325.57 Million | 54.71% | 1.38x | $175.53 Million |