Shanghai Environment Group Co Ltd (601200) - Net Assets
Based on the latest financial reports, Shanghai Environment Group Co Ltd (601200) has net assets worth CN¥13.50 Billion CNY (≈ $1.98 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥31.51 Billion ≈ $4.61 Billion USD) and total liabilities (CN¥18.00 Billion ≈ $2.63 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 601200 financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥13.50 Billion |
| % of Total Assets | 42.86% |
| Annual Growth Rate | 10.59% |
| 5-Year Change | 18.71% |
| 10-Year Change | 220.48% |
| Growth Volatility | 20.66 |
Shanghai Environment Group Co Ltd - Net Assets Trend (2005–2024)
This chart illustrates how Shanghai Environment Group Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Shanghai Environment Group Co Ltd asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Shanghai Environment Group Co Ltd (2005–2024)
The table below shows the annual net assets of Shanghai Environment Group Co Ltd from 2005 to 2024. For live valuation and market cap data, see Shanghai Environment Group Co Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥13.18 Billion ≈ $1.93 Billion |
+4.11% |
| 2023-12-31 | CN¥12.66 Billion ≈ $1.85 Billion |
+5.22% |
| 2022-12-31 | CN¥12.03 Billion ≈ $1.76 Billion |
+1.41% |
| 2021-12-31 | CN¥11.87 Billion ≈ $1.74 Billion |
+6.85% |
| 2020-12-31 | CN¥11.11 Billion ≈ $1.63 Billion |
+29.40% |
| 2019-12-31 | CN¥8.58 Billion ≈ $1.26 Billion |
+17.06% |
| 2018-12-31 | CN¥7.33 Billion ≈ $1.07 Billion |
+16.20% |
| 2017-12-31 | CN¥6.31 Billion ≈ $923.19 Million |
+8.13% |
| 2016-12-31 | CN¥5.83 Billion ≈ $853.78 Million |
+41.84% |
| 2015-12-31 | CN¥4.11 Billion ≈ $601.93 Million |
+8.47% |
| 2014-12-31 | CN¥3.79 Billion ≈ $554.95 Million |
+78.27% |
| 2013-12-31 | CN¥2.13 Billion ≈ $311.30 Million |
+3.78% |
| 2012-12-31 | CN¥2.05 Billion ≈ $299.96 Million |
+2.13% |
| 2011-12-31 | CN¥2.01 Billion ≈ $293.69 Million |
+4.07% |
| 2010-12-31 | CN¥1.93 Billion ≈ $282.21 Million |
+3.68% |
| 2009-12-31 | CN¥1.86 Billion ≈ $272.20 Million |
+1.05% |
| 2008-12-31 | CN¥1.84 Billion ≈ $269.36 Million |
+25.24% |
| 2007-12-31 | CN¥1.47 Billion ≈ $215.07 Million |
-27.38% |
| 2006-12-31 | CN¥2.02 Billion ≈ $296.17 Million |
+3.93% |
| 2005-12-31 | CN¥1.95 Billion ≈ $284.99 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shanghai Environment Group 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 564282669321.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥5.55 Billion | 49.58% |
| Common Stock | CN¥1.35 Billion | 12.02% |
| Other Comprehensive Income | CN¥856.78 Million | 7.65% |
| Other Components | CN¥3.44 Billion | 30.75% |
| Total Equity | CN¥11.20 Billion | 100.00% |
Shanghai Environment Group Co Ltd Competitors by Market Cap
The table below lists competitors of Shanghai Environment Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
U-Ming Marine Transport Corp
TW:2606
|
$1.61 Billion |
|
Six Flags Entertainment Corporation
NYSE:FUN
|
$1.61 Billion |
|
Kernel Holding SA
WAR:KER
|
$1.61 Billion |
|
Jolywood Suzhou Sunwatt Co Ltd
SHE:300393
|
$1.61 Billion |
|
Southern Publishing&Media Co
SHG:601900
|
$1.61 Billion |
|
Jiangsu Bide Science and Technology Co. Ltd.
SHG:605298
|
$1.61 Billion |
|
Century Communities Inc
NYSE:CCS
|
$1.61 Billion |
|
ShanXi Coking Co Ltd
SHG:600740
|
$1.61 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shanghai Environment Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 10,705,011,427 to 11,197,939,351, a change of 492,927,924 (4.6%).
- Net income of 575,397,958 contributed positively to equity growth.
- Dividend payments of 422,784,629 reduced retained earnings.
- Other comprehensive income increased equity by 856,777,397.
- Other factors decreased equity by 516,462,802.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥575.40 Million | +5.14% |
| Dividends Paid | CN¥422.78 Million | -3.78% |
| Other Comprehensive Income | CN¥856.78 Million | +7.65% |
| Other Changes | CN¥-516.46 Million | -4.61% |
| Total Change | CN¥- | 4.60% |
Book Value vs Market Value Analysis
This analysis compares Shanghai Environment Group 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: 0.98x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 7.46x to 0.98x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | CN¥1.10 | CN¥8.19 | x |
| 2006-12-31 | CN¥1.14 | CN¥8.19 | x |
| 2007-12-31 | CN¥0.81 | CN¥8.19 | x |
| 2008-12-31 | CN¥0.95 | CN¥8.19 | x |
| 2009-12-31 | CN¥0.95 | CN¥8.19 | x |
| 2010-12-31 | CN¥0.98 | CN¥8.19 | x |
| 2011-12-31 | CN¥1.93 | CN¥8.19 | x |
| 2012-12-31 | CN¥2.01 | CN¥8.19 | x |
| 2013-12-31 | CN¥2.10 | CN¥8.19 | x |
| 2014-12-31 | CN¥3.73 | CN¥8.19 | x |
| 2015-12-31 | CN¥4.07 | CN¥8.19 | x |
| 2016-12-31 | CN¥5.36 | CN¥8.19 | x |
| 2017-12-31 | CN¥5.91 | CN¥8.19 | x |
| 2018-12-31 | CN¥6.48 | CN¥8.19 | x |
| 2019-12-31 | CN¥7.06 | CN¥8.19 | x |
| 2020-12-31 | CN¥9.53 | CN¥8.19 | x |
| 2021-12-31 | CN¥8.77 | CN¥8.19 | x |
| 2022-12-31 | CN¥9.16 | CN¥8.19 | x |
| 2023-12-31 | CN¥9.54 | CN¥8.19 | x |
| 2024-12-31 | CN¥8.32 | CN¥8.19 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shanghai Environment Group 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): 5.14%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.19%
- • Asset Turnover: 0.21x
- • Equity Multiplier: 2.68x
- Recent ROE (5.14%) is below the historical average (6.65%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 2.73% | 10.89% | 0.06x | 3.94x | CN¥-132.60 Million |
| 2006 | 3.36% | 6.64% | 0.14x | 3.56x | CN¥-126.15 Million |
| 2007 | 7.00% | 12.13% | 0.15x | 3.90x | CN¥-40.41 Million |
| 2008 | 15.43% | 30.00% | 0.18x | 2.84x | CN¥86.36 Million |
| 2009 | 4.25% | 18.26% | 0.11x | 2.20x | CN¥-94.54 Million |
| 2010 | 1.97% | 7.89% | 0.13x | 1.91x | CN¥-136.75 Million |
| 2011 | 3.99% | 17.55% | 0.11x | 2.16x | CN¥-106.05 Million |
| 2012 | 3.63% | 15.58% | 0.10x | 2.42x | CN¥-116.75 Million |
| 2013 | 7.78% | 11.98% | 0.29x | 2.27x | CN¥-42.72 Million |
| 2014 | 6.81% | 21.11% | 0.14x | 2.29x | CN¥-108.90 Million |
| 2015 | 9.20% | 16.99% | 0.22x | 2.42x | CN¥-29.86 Million |
| 2016 | 9.50% | 18.23% | 0.21x | 2.43x | CN¥-24.24 Million |
| 2017 | 9.37% | 19.72% | 0.21x | 2.29x | CN¥-33.95 Million |
| 2018 | 9.76% | 22.37% | 0.17x | 2.54x | CN¥-14.21 Million |
| 2019 | 9.02% | 16.90% | 0.17x | 3.06x | CN¥-66.77 Million |
| 2020 | 6.76% | 13.86% | 0.17x | 2.92x | CN¥-299.78 Million |
| 2021 | 7.24% | 9.90% | 0.25x | 2.97x | CN¥-271.65 Million |
| 2022 | 5.06% | 8.27% | 0.22x | 2.82x | CN¥-507.53 Million |
| 2023 | 5.11% | 8.57% | 0.21x | 2.79x | CN¥-523.99 Million |
| 2024 | 5.14% | 9.19% | 0.21x | 2.68x | CN¥-544.40 Million |
Industry Comparison
This section compares Shanghai Environment Group Co Ltd's net assets metrics with peer companies in the Waste Management industry.
Industry Context
- Industry: Waste Management
- Average net assets among peers: $3,067,859,741
- Average return on equity (ROE) among peers: 8.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shanghai Environment Group Co Ltd (601200) | CN¥13.50 Billion | 2.73% | 1.33x | $1.61 Billion |
| China Tianying Inc (000035) | $2.06 Billion | 10.27% | 1.91x | $2.28 Billion |
| HeiLongJiang Kingland Technology Co Ltd (000711) | $325.53 Million | -9.31% | 0.66x | $2.06 Billion |
| BECE Legend Group Co Ltd (000803) | $152.97 Million | 2.06% | 0.80x | $599.78 Million |
| Tus-Sound Environmental Resources Co Ltd (000826) | $130.73 Million | 28.96% | 1.01x | $408.81 Million |
| Wangneng Environment Co Ltd (002034) | $424.84 Million | 9.00% | 0.73x | $1.11 Billion |
| Beijing Orient Landscape Co Ltd (002310) | $12.65 Billion | 0.13% | 2.35x | $2.69 Billion |
| GEM Co Ltd (002340) | $10.22 Billion | 7.14% | 1.44x | $6.83 Billion |
| Dongjiang Environmental Co Ltd (002672) | $2.45 Billion | 8.50% | 0.33x | $585.42 Million |
| Qiaoyin Environmental Tech Co Ltd (002973) | $462.58 Million | 21.52% | 0.41x | $752.89 Million |
| Tongxing Environmental Protection (003027) | $1.79 Billion | 6.69% | 0.51x | $453.74 Million |
About Shanghai Environment Group Co Ltd
Shanghai Environment Group Co., Ltd., engages in domestic waste, hazardous waste, medical waste, and sewage treatment services in China. The company operates through solid waste treatment; investment, construction and management of projects, waste collection and transfer; environmental services; sewage treatment; and engineering contracting and design planning segments. It engages in the investme… Read more