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¥13.78 Billion CNY (≈ $2.02 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¥30.85 Billion ≈ $4.51 Billion USD) and total liabilities (CN¥17.07 Billion ≈ $2.50 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 how strategically is Shanghai Environment Group Co Ltd's equity deployed to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥13.78 Billion |
| % of Total Assets | 44.67% |
| Annual Growth Rate | 10.2% |
| 5-Year Change | 14.58% |
| 10-Year Change | 133.04% |
| Growth Volatility | 20.24 |
Shanghai Environment Group Co Ltd - Net Assets Trend (2005–2025)
This chart illustrates how Shanghai Environment Group Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Shanghai Environment Group Co Ltd stock valuation.
Annual Net Assets for Shanghai Environment Group Co Ltd (2005–2025)
The table below shows the annual net assets of Shanghai Environment Group Co Ltd from 2005 to 2025. Also explore Shanghai Environment Group Co Ltd annual equity growth to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥13.60 Billion ≈ $1.99 Billion |
+3.14% |
| 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 607001773867.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥5.98 Billion | 51.25% |
| Other Components | CN¥5.69 Billion | 48.75% |
| Total Equity | CN¥11.67 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 |
|---|---|
|
Changzhou NRB Corp
SHE:002708
|
$1.35 Billion |
|
Chacha Food Co Ltd
SHE:002557
|
$1.35 Billion |
|
Maze Therapeutics, Inc. Common Stock
NASDAQ:MAZE
|
$1.35 Billion |
|
CONSUN PHARMAC.GR.HD -10
F:C1P
|
$1.35 Billion |
|
Resilient Property Income Fund Ltd
JSE:RES
|
$1.35 Billion |
|
Borr Drilling Ltd
NYSE:BORR
|
$1.35 Billion |
|
Guangzhou Ruoyuchen Information Tec
SHE:003010
|
$1.35 Billion |
|
Absci Corp
NASDAQ:ABSI
|
$1.35 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 2024 to 2025, total equity changed from 11,197,939,351 to 11,667,260,032, a change of 469,320,681 (4.2%).
- Net income of 603,141,347 contributed positively to equity growth.
- Dividend payments of 394,244,847 reduced retained earnings.
- Other comprehensive income decreased equity by 856,777,397.
- Other factors increased equity by 1,117,201,578.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥603.14 Million | +5.17% |
| Dividends Paid | CN¥394.24 Million | -3.38% |
| Other Comprehensive Income | CN¥-856.78 Million | -7.34% |
| Other Changes | CN¥1.12 Billion | +9.58% |
| Total Change | CN¥- | 4.19% |
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: 0.79x
- 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 6.22x to 0.79x 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¥6.83 | x |
| 2006-12-31 | CN¥1.14 | CN¥6.83 | x |
| 2007-12-31 | CN¥0.81 | CN¥6.83 | x |
| 2008-12-31 | CN¥0.95 | CN¥6.83 | x |
| 2009-12-31 | CN¥0.95 | CN¥6.83 | x |
| 2010-12-31 | CN¥0.98 | CN¥6.83 | x |
| 2011-12-31 | CN¥1.93 | CN¥6.83 | x |
| 2012-12-31 | CN¥2.01 | CN¥6.83 | x |
| 2013-12-31 | CN¥2.10 | CN¥6.83 | x |
| 2014-12-31 | CN¥3.73 | CN¥6.83 | x |
| 2015-12-31 | CN¥4.07 | CN¥6.83 | x |
| 2016-12-31 | CN¥5.36 | CN¥6.83 | x |
| 2017-12-31 | CN¥5.91 | CN¥6.83 | x |
| 2018-12-31 | CN¥6.48 | CN¥6.83 | x |
| 2019-12-31 | CN¥7.06 | CN¥6.83 | x |
| 2020-12-31 | CN¥9.53 | CN¥6.83 | x |
| 2021-12-31 | CN¥8.77 | CN¥6.83 | x |
| 2022-12-31 | CN¥9.16 | CN¥6.83 | x |
| 2023-12-31 | CN¥9.54 | CN¥6.83 | x |
| 2024-12-31 | CN¥8.32 | CN¥6.83 | x |
| 2025-12-31 | CN¥8.67 | CN¥6.83 | 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): 5.17%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.64%
- • Asset Turnover: 0.20x
- • Equity Multiplier: 2.66x
- Recent ROE (5.17%) is below the historical average (6.58%), 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 |
| 2025 | 5.17% | 9.64% | 0.20x | 2.66x | CN¥-563.58 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: $3,885,238,896
- Average return on equity (ROE) among peers: 8.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shanghai Environment Group Co Ltd (601200) | CN¥13.78 Billion | 2.73% | 1.24x | $1.35 Billion |
| China Tianying Inc (000035) | $-1.22 Billion | 0.00% | 0.00x | $1.69 Billion |
| BECE Legend Group Co Ltd (000803) | $131.44 Million | 1.88% | 0.75x | $494.69 Million |
| Tus-Sound Environmental Resources Co Ltd (000826) | $6.28 Billion | 14.81% | 1.52x | $385.86 Million |
| City Development Environment Co Ltd (000885) | $5.26 Billion | 11.74% | 1.53x | $1.10 Billion |
| Wangneng Environment Co Ltd (002034) | $446.65 Million | 6.86% | 0.89x | $1.05 Billion |
| Beijing Orient Landscape Co Ltd (002310) | $11.37 Billion | 19.15% | 2.09x | $2.01 Billion |
| GEM Co Ltd (002340) | $11.07 Billion | 6.64% | 1.42x | $4.65 Billion |
| Dongjiang Environmental Co Ltd (002672) | $2.84 Billion | 8.86% | 0.76x | $474.16 Million |
| Qiaoyin Environmental Tech Co Ltd (002973) | $878.22 Million | 11.69% | 1.27x | $748.11 Million |
| Tongxing Environmental Protection (003027) | $1.80 Billion | 2.17% | 0.37x | $302.24 Million |
About Shanghai Environment Group Co Ltd
Shanghai Environment Group Co., Ltd., engages in the domestic waste and wastewater treatment businesses in China. The company offers incineration of municipal solid waste; generation of electricity to reduce municipal solid waste; sanitary landfill treatment of domestic waste; and pre-treating collected waste. It also provides planning consulting, ecological restoration, hazardous and medical was… Read more