Sanjiang Shopping Club Co Ltd (601116) - Net Assets

Latest as of March 2026: CN¥3.35 Billion CNY ≈ $490.01 Million USD

Based on the latest financial reports, Sanjiang Shopping Club Co Ltd (601116) has net assets worth CN¥3.35 Billion CNY (≈ $490.01 Million 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¥5.12 Billion ≈ $749.07 Million USD) and total liabilities (CN¥1.77 Billion ≈ $259.06 Million 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. Also explore Sanjiang Shopping Club Co Ltd balance sheet assets for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥3.35 Billion
% of Total Assets	65.42%
Annual Growth Rate	15.59%
5-Year Change	6.06%
10-Year Change	105.41%
Growth Volatility	34.98

Sanjiang Shopping Club Co Ltd - Net Assets Trend (2007–2025)

This chart illustrates how Sanjiang Shopping Club Co Ltd's net assets have evolved over time, based on quarterly financial data. Check Sanjiang Shopping Club Co Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.

Annual Net Assets for Sanjiang Shopping Club Co Ltd (2007–2025)

The table below shows the annual net assets of Sanjiang Shopping Club Co Ltd from 2007 to 2025. For live valuation and market cap data, see market value of Sanjiang Shopping Club Co Ltd.

Year	Net Assets	Change
2025-12-31	CN¥3.29 Billion ≈ $481.21 Million	+2.44%
2024-12-31	CN¥3.21 Billion ≈ $469.75 Million	+1.04%
2023-12-31	CN¥3.18 Billion ≈ $464.92 Million	+1.03%
2022-12-31	CN¥3.14 Billion ≈ $460.17 Million	+1.42%
2021-12-31	CN¥3.10 Billion ≈ $453.73 Million	-2.51%
2020-12-31	CN¥3.18 Billion ≈ $465.40 Million	+0.40%
2019-12-31	CN¥3.17 Billion ≈ $463.53 Million	+1.64%
2018-12-31	CN¥3.12 Billion ≈ $456.07 Million	+90.44%
2017-12-31	CN¥1.64 Billion ≈ $239.48 Million	+2.23%
2016-12-31	CN¥1.60 Billion ≈ $234.27 Million	+1.22%
2015-12-31	CN¥1.58 Billion ≈ $231.45 Million	-0.91%
2014-12-31	CN¥1.60 Billion ≈ $233.57 Million	+1.85%
2013-12-31	CN¥1.57 Billion ≈ $229.33 Million	+4.51%
2012-12-31	CN¥1.50 Billion ≈ $219.44 Million	+8.29%
2011-12-31	CN¥1.38 Billion ≈ $202.63 Million	+127.08%
2010-12-31	CN¥609.80 Million ≈ $89.23 Million	+22.92%
2009-12-31	CN¥496.10 Million ≈ $72.60 Million	+50.04%
2008-12-31	CN¥330.65 Million ≈ $48.38 Million	+36.51%
2007-12-31	CN¥242.22 Million ≈ $35.44 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 430.3% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥549.76 Million	16.72%
Other Components	CN¥2.74 Billion	83.28%
Total Equity	CN¥3.29 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
Bergman & Beving AB (publ) ST:BERG-B	$758.25 Million
Kuros Biosciences AG SW:KURN	$758.37 Million
Shanghai Anoky Group SHE:300067	$758.46 Million
Beijing E Hualu Info Tech SHE:300212	$758.47 Million
First Watch Restaurant Group Inc NASDAQ:FWRG	$758.02 Million
Jilin Expressway Co Ltd SHG:601518	$758.01 Million
Pick N Pay Stores Ltd JSE:PIK	$757.82 Million
Shenzhen Infinova Ltd SHE:002528	$757.74 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 2024 to 2025, total equity changed from 3,210,147,167 to 3,288,460,810, a change of 78,313,643 (2.4%).
Net income of 187,399,322 contributed positively to equity growth.
Dividend payments of 109,535,680 reduced retained earnings.
Other comprehensive income decreased equity by 198,118,245.
Other factors increased equity by 198,568,246.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥187.40 Million	+5.7%
Dividends Paid	CN¥109.54 Million	-3.33%
Other Comprehensive Income	CN¥-198.12 Million	-6.02%
Other Changes	CN¥198.57 Million	+6.04%
Total Change	CN¥-	2.44%

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: 1.58x
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 12.57x to 1.58x 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¥9.46	x
2008-12-31	CN¥1.05	CN¥9.46	x
2009-12-31	CN¥1.47	CN¥9.46	x
2010-12-31	CN¥1.74	CN¥9.46	x
2011-12-31	CN¥3.46	CN¥9.46	x
2012-12-31	CN¥3.65	CN¥9.46	x
2013-12-31	CN¥3.82	CN¥9.46	x
2014-12-31	CN¥3.89	CN¥9.46	x
2015-12-31	CN¥3.85	CN¥9.46	x
2016-12-31	CN¥3.90	CN¥9.46	x
2017-12-31	CN¥3.98	CN¥9.46	x
2018-12-31	CN¥6.83	CN¥9.46	x
2019-12-31	CN¥5.78	CN¥9.46	x
2020-12-31	CN¥5.70	CN¥9.46	x
2021-12-31	CN¥5.66	CN¥9.46	x
2022-12-31	CN¥5.65	CN¥9.46	x
2023-12-31	CN¥5.80	CN¥9.46	x
2024-12-31	CN¥5.86	CN¥9.46	x
2025-12-31	CN¥6.00	CN¥9.46	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): 5.70%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 4.77%
• Asset Turnover: 0.77x
• Equity Multiplier: 1.55x
Recent ROE (5.70%) is below the historical average (10.43%), 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
2025	5.70%	4.77%	0.77x	1.55x	CN¥-141.45 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: $2,295,258,856
Average return on equity (ROE) among peers: -27.61%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Sanjiang Shopping Club Co Ltd (601116)	CN¥3.35 Billion	33.22%	0.53x	$758.15 Million
Renrenle Commercial Group Co Ltd (002336)	$618.06 Million	-138.71%	8.47x	$23.18 Million
Shanghai Laiyifen Co Ltd (603777)	$1.85 Billion	0.55%	0.53x	$582.84 Million
Shenyang Toly Bread Co Ltd (603866)	$5.09 Billion	11.28%	0.39x	$931.68 Million
Ganso Co Ltd (603886)	$1.62 Billion	16.42%	0.94x	$351.20 Million

About Sanjiang Shopping Club Co Ltd

SHG:601116 China Grocery Stores

Market Cap

$758.15 Million

CN¥5.18 Billion CNY

Market Cap Rank

#9960 Global

#2510 in China

Share Price

CN¥9.46

Change (1 day)

+0.42%

52-Week Range

CN¥9.42 - CN¥21.73

All Time High

CN¥46.99