Shanghai Huafon Aluminium Corp (601702) - Net Assets

Latest as of March 2026: CN¥6.68 Billion CNY ≈ $977.49 Million USD

Based on the latest financial reports, Shanghai Huafon Aluminium Corp (601702) has net assets worth CN¥6.68 Billion CNY (≈ $977.49 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¥10.17 Billion ≈ $1.49 Billion USD) and total liabilities (CN¥3.49 Billion ≈ $510.06 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. Check Shanghai Huafon Aluminium Corp tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥6.68 Billion
% of Total Assets	65.71%
Annual Growth Rate	24.54%
5-Year Change	109.49%
10-Year Change	560.53%
Growth Volatility	24.27

Shanghai Huafon Aluminium Corp - Net Assets Trend (2015–2025)

This chart illustrates how Shanghai Huafon Aluminium Corp's net assets have evolved over time, based on quarterly financial data. See how many days can Shanghai Huafon Aluminium Corp fund operations to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Shanghai Huafon Aluminium Corp (2015–2025)

The table below shows the annual net assets of Shanghai Huafon Aluminium Corp from 2015 to 2025. For live valuation and market cap data, see Shanghai Huafon Aluminium Corp market capitalisation.

Year	Net Assets	Change
2025-12-31	CN¥6.58 Billion ≈ $962.82 Million	+18.92%
2024-12-31	CN¥5.53 Billion ≈ $809.65 Million	+22.29%
2023-12-31	CN¥4.52 Billion ≈ $662.08 Million	+21.22%
2022-12-31	CN¥3.73 Billion ≈ $546.19 Million	+18.84%
2021-12-31	CN¥3.14 Billion ≈ $459.61 Million	+17.89%
2020-12-31	CN¥2.66 Billion ≈ $389.85 Million	+75.72%
2019-12-31	CN¥1.52 Billion ≈ $221.86 Million	+15.03%
2018-12-31	CN¥1.32 Billion ≈ $192.88 Million	+59.75%
2017-12-31	CN¥825.11 Million ≈ $120.74 Million	-17.17%
2016-12-31	CN¥996.12 Million ≈ $145.76 Million	+35.97%
2015-12-31	CN¥732.62 Million ≈ $107.21 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Shanghai Huafon Aluminium Corp'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 4705.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥4.22 Billion	65.60%
Common Stock	CN¥998.53 Million	15.52%
Other Comprehensive Income	CN¥394.69 Million	6.13%
Other Components	CN¥819.84 Million	12.74%
Total Equity	CN¥6.43 Billion	100.00%

Shanghai Huafon Aluminium Corp Competitors by Market Cap

The table below lists competitors of Shanghai Huafon Aluminium Corp ranked by their market capitalization.

Company	Market Cap
Yantai Tayho Advanced Materials Co Ltd SHE:002254	$2.35 Billion
10X Genomics Inc NASDAQ:TXG	$2.35 Billion
Saigon Beer Alcohol Beverage Corp VN:SAB	$2.35 Billion
Shenzhen Lihexing Co. Ltd. SHE:301013	$2.35 Billion
Xinxing Ductile Iron Pipes Co Ltd SHE:000778	$2.34 Billion
LG Household & Healthcare KO:051900	$2.34 Billion
Dongyue Group Limited F:4D3	$2.34 Billion
Songcheng Performance Develop SHE:300144	$2.34 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Shanghai Huafon Aluminium Corp's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 5,532,919,865 to 6,433,852,653, a change of 900,932,788 (16.3%).
Net income of 1,201,860,008 contributed positively to equity growth.
Dividend payments of 299,559,180 reduced retained earnings.
Other comprehensive income increased equity by 394,690,956.
Other factors decreased equity by 396,058,996.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥1.20 Billion	+18.68%
Dividends Paid	CN¥299.56 Million	-4.66%
Other Comprehensive Income	CN¥394.69 Million	+6.13%
Other Changes	CN¥-396.06 Million	-6.16%
Total Change	CN¥-	16.28%

Book Value vs Market Value Analysis

This analysis compares Shanghai Huafon Aluminium Corp'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: 2.49x
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 12.99x to 2.49x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2015-12-31	CN¥1.24	CN¥16.05	x
2016-12-31	CN¥1.67	CN¥16.05	x
2017-12-31	CN¥1.36	CN¥16.05	x
2018-12-31	CN¥1.89	CN¥16.05	x
2019-12-31	CN¥2.24	CN¥16.05	x
2020-12-31	CN¥2.67	CN¥16.05	x
2021-12-31	CN¥3.15	CN¥16.05	x
2022-12-31	CN¥3.74	CN¥16.05	x
2023-12-31	CN¥4.53	CN¥16.05	x
2024-12-31	CN¥5.54	CN¥16.05	x
2025-12-31	CN¥6.44	CN¥16.05	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shanghai Huafon Aluminium Corp 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): 18.68%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 9.64%
• Asset Turnover: 1.28x
• Equity Multiplier: 1.51x
Recent ROE (18.68%) is above the historical average (16.59%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2015	12.14%	5.01%	1.03x	2.36x	CN¥15.66 Million
2016	16.79%	7.51%	0.92x	2.43x	CN¥67.67 Million
2017	25.05%	6.40%	0.91x	4.30x	CN¥124.18 Million
2018	12.72%	4.91%	0.85x	3.04x	CN¥35.89 Million
2019	12.10%	5.11%	0.80x	2.95x	CN¥31.91 Million
2020	9.36%	6.13%	0.81x	1.88x	CN¥-16.94 Million
2021	15.92%	7.76%	1.11x	1.85x	CN¥186.08 Million
2022	17.84%	7.79%	1.36x	1.68x	CN¥292.52 Million
2023	19.87%	9.68%	1.29x	1.59x	CN¥446.76 Million
2024	22.01%	11.20%	1.32x	1.49x	CN¥664.62 Million
2025	18.68%	9.64%	1.28x	1.51x	CN¥558.47 Million

Industry Comparison

This section compares Shanghai Huafon Aluminium Corp's net assets metrics with peer companies in the Aluminum industry.

Industry Context

Industry: Aluminum
Average net assets among peers: $6,149,547,326
Average return on equity (ROE) among peers: 31.64%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Shanghai Huafon Aluminium Corp (601702)	CN¥6.68 Billion	12.14%	0.52x	$2.35 Billion
Jiaozuo Wanfang Aluminum (000612)	$4.73 Billion	7.54%	0.93x	$1.92 Billion
Yunnan Aluminium Co Ltd (000807)	$20.91 Billion	15.94%	0.81x	$12.27 Billion
Henan Shenhuo Coal & Power Co Ltd (000933)	$8.63 Billion	-19.38%	4.86x	$7.81 Billion
Guangdong Hongtu Technology Holdings Co Ltd (002101)	$82.60 Million	22.27%	1.84x	$806.97 Million
Jiangsu Alcha Aluminium Co Ltd (002160)	$635.90 Million	6.31%	1.01x	$658.92 Million
Nanjing Yunhai Special Metals Co Ltd (002182)	$199.46 Million	25.10%	1.23x	$1.97 Billion
ZYF Lopsking Aluminum Co Ltd (002333)	$1.26 Billion	6.91%	0.11x	$482.95 Million
Shandong Hongchuang Aluminum Industry Holding Co Ltd (002379)	$1.67 Billion	0.44%	3.06x	$31.88 Billion
Jilin Liyuan Precision Manufacturing Co Ltd (002501)	$2.11 Billion	233.27%	0.66x	$722.07 Million
Tianshan Aluminum Group Co Ltd (002532)	$21.27 Billion	18.02%	1.51x	$8.16 Billion

About Shanghai Huafon Aluminium Corp

SHG:601702 China Aluminum

Market Cap

$2.35 Billion

CN¥16.03 Billion CNY

Market Cap Rank

#5796 Global

#1173 in China

Share Price

CN¥16.05

Change (1 day)

-2.19%

52-Week Range

CN¥15.28 - CN¥27.83

All Time High

CN¥27.83