CIG ShangHai Co Ltd Class A (603083) - Net Assets

Latest as of March 2026: CN¥7.65 Billion CNY ≈ $1.12 Billion USD

Based on the latest financial reports, CIG ShangHai Co Ltd Class A (603083) has net assets worth CN¥7.65 Billion CNY (≈ $1.12 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¥11.25 Billion ≈ $1.65 Billion USD) and total liabilities (CN¥3.60 Billion ≈ $527.02 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 how tangible is CIG ShangHai Co Ltd Class A's equity to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥7.65 Billion
% of Total Assets	67.99%
Annual Growth Rate	28.25%
5-Year Change	333.78%
10-Year Change	1020.64%
Growth Volatility	55.49

CIG ShangHai Co Ltd Class A - Net Assets Trend (2013–2025)

This chart illustrates how CIG ShangHai Co Ltd Class A's net assets have evolved over time, based on quarterly financial data. See 603083 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for CIG ShangHai Co Ltd Class A (2013–2025)

The table below shows the annual net assets of CIG ShangHai Co Ltd Class A from 2013 to 2025. For live valuation and market cap data, see 603083 stock market capitalisation.

Year	Net Assets	Change
2025-12-31	CN¥7.56 Billion ≈ $1.11 Billion	+207.15%
2024-12-31	CN¥2.46 Billion ≈ $360.12 Million	+7.56%
2023-12-31	CN¥2.29 Billion ≈ $334.80 Million	+18.81%
2022-12-31	CN¥1.93 Billion ≈ $281.79 Million	+10.51%
2021-12-31	CN¥1.74 Billion ≈ $254.99 Million	+4.64%
2020-12-31	CN¥1.67 Billion ≈ $243.69 Million	+40.76%
2019-12-31	CN¥1.18 Billion ≈ $173.12 Million	+4.93%
2018-12-31	CN¥1.13 Billion ≈ $164.99 Million	+6.17%
2017-12-31	CN¥1.06 Billion ≈ $155.40 Million	+57.45%
2016-12-31	CN¥674.51 Million ≈ $98.70 Million	+58.39%
2015-12-31	CN¥425.85 Million ≈ $62.32 Million	-6.46%
2014-12-31	CN¥455.28 Million ≈ $66.62 Million	+19.28%
2013-12-31	CN¥381.69 Million ≈ $55.85 Million	--

Equity Component Analysis

This analysis shows how different components contribute to CIG ShangHai Co Ltd Class A'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 1234.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥691.99 Million	9.29%
Other Components	CN¥6.76 Billion	90.71%
Total Equity	CN¥7.45 Billion	100.00%

CIG ShangHai Co Ltd Class A Competitors by Market Cap

The table below lists competitors of CIG ShangHai Co Ltd Class A ranked by their market capitalization.

Company	Market Cap
Founder Securities Co Ltd SHG:601901	$8.22 Billion
Rainbow Robotics Inc. KQ:277810	$8.22 Billion
Core Scientific, Inc. Common Stock NASDAQ:CORZ	$8.22 Billion
Jinan Shengquan Group Share Holding Co Ltd SHG:605589	$8.22 Billion
Itissalat Al-Maghrib PA:IAM	$8.19 Billion
Builders FirstSource Inc NYSE:BLDR	$8.19 Billion
Abivax SA PA:ABVX	$8.19 Billion
OPC Energy Ltd TA:OPCE	$8.18 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in CIG ShangHai Co Ltd Class A's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 2,310,682,033 to 7,449,400,393, a change of 5,138,718,360 (222.4%).
Net income of 263,485,210 contributed positively to equity growth.
Dividend payments of 124,364,500 reduced retained earnings.
Other factors increased equity by 4,999,597,650.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥263.49 Million	+3.54%
Dividends Paid	CN¥124.36 Million	-1.67%
Other Changes	CN¥5.00 Billion	+67.11%
Total Change	CN¥-	222.39%

Book Value vs Market Value Analysis

This analysis compares CIG ShangHai Co Ltd Class A'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: 9.62x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has decreased from 90.96x to 9.62x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2013-12-31	CN¥2.24	CN¥203.29	x
2014-12-31	CN¥2.76	CN¥203.29	x
2015-12-31	CN¥2.82	CN¥203.29	x
2016-12-31	CN¥4.17	CN¥203.29	x
2017-12-31	CN¥6.43	CN¥203.29	x
2018-12-31	CN¥5.20	CN¥203.29	x
2019-12-31	CN¥5.40	CN¥203.29	x
2020-12-31	CN¥7.00	CN¥203.29	x
2021-12-31	CN¥6.88	CN¥203.29	x
2022-12-31	CN¥7.52	CN¥203.29	x
2023-12-31	CN¥8.10	CN¥203.29	x
2024-12-31	CN¥8.72	CN¥203.29	x
2025-12-31	CN¥21.12	CN¥203.29	x

Capital Efficiency Dashboard

This dashboard shows how efficiently CIG ShangHai Co Ltd Class A 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): 3.54%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 5.46%
• Asset Turnover: 0.41x
• Equity Multiplier: 1.60x
Recent ROE (3.54%) is below the historical average (6.32%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2013	1.02%	0.45%	1.35x	1.69x	CN¥-34.28 Million
2014	16.17%	4.19%	1.39x	2.78x	CN¥28.08 Million
2015	28.84%	4.65%	1.96x	3.17x	CN¥80.24 Million
2016	9.83%	3.32%	1.22x	2.44x	CN¥-1.13 Million
2017	5.71%	2.44%	1.06x	2.21x	CN¥-45.60 Million
2018	6.81%	2.43%	1.15x	2.43x	CN¥-35.97 Million
2019	1.84%	0.73%	1.03x	2.45x	CN¥-96.56 Million
2020	-15.99%	-9.83%	0.76x	2.13x	CN¥-432.84 Million
2021	3.86%	2.30%	0.76x	2.21x	CN¥-106.99 Million
2022	8.90%	4.53%	0.72x	2.72x	CN¥-21.10 Million
2023	4.44%	3.08%	0.65x	2.22x	CN¥-118.78 Million
2024	7.21%	4.56%	0.70x	2.25x	CN¥-64.39 Million
2025	3.54%	5.46%	0.41x	1.60x	CN¥-481.45 Million

Industry Comparison

This section compares CIG ShangHai Co Ltd Class A's net assets metrics with peer companies in the Communication Equipment industry.

Industry Context

Industry: Communication Equipment
Average net assets among peers: $6,852,220,766
Average return on equity (ROE) among peers: -12.00%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
CIG ShangHai Co Ltd Class A (603083)	CN¥7.65 Billion	1.02%	0.47x	$8.20 Billion
ZTE Corp (000063)	$59.54 Billion	13.57%	2.04x	$22.19 Billion
Shenzhen SDG Information Co Ltd (000070)	$777.81 Million	0.64%	0.63x	$2.72 Billion
Addsino Co Ltd (000547)	$5.39 Billion	4.52%	0.29x	$4.69 Billion
Sichuan Huiyuan Optical Com (000586)	$448.24 Million	2.88%	0.47x	$438.47 Million
PetroChina Jinhong Energy Investment Co Ltd (000669)	$366.30 Million	-60.83%	6.39x	$413.20 Million
Sichuan Jiuzhou Electronic Co Ltd (000801)	$117.42 Million	3.98%	0.49x	$1.72 Billion
Skyworth Digital Co Ltd (000810)	$301.13 Million	0.65%	1.81x	$2.04 Billion
Gohigh Data Networks Technology Co Ltd (000851)	$397.58 Million	-4.60%	0.35x	$64.38 Million
Shenzhen Coship Electronics Co Ltd (002052)	$231.11 Million	-66.53%	2.00x	$983.24 Million
Sunwave Communications Co Ltd (002115)	$945.20 Million	-14.30%	1.10x	$1.40 Billion

About CIG ShangHai Co Ltd Class A

SHG:603083 China Communication Equipment

Market Cap

$8.20 Billion

CN¥56.02 Billion CNY

Market Cap Rank

#2620 Global

#337 in China

Share Price

CN¥203.29

Change (1 day)

+2.64%

52-Week Range

CN¥43.96 - CN¥209.00

All Time High

CN¥4841.00