CIG ShangHai Co Ltd Class A (603083) - Net Assets
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 CIG ShangHai Co Ltd Class A PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.
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. For live market cap and overall valuation, see 603083 market cap overview.
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. Also explore how fast is CIG ShangHai Co Ltd Class A growing its equity to track the company's year-over-year net asset growth rate.
| 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 |
|---|---|
|
Pandora A/S
CO:PNDORA
|
$9.21 Billion |
|
Pentair plc
STU:PNT
|
$9.21 Billion |
|
Inner Mongolia Xingye Mining Co Ltd
SHE:000426
|
$9.22 Billion |
|
Autoliv Inc
ST:ALIV-SDB
|
$9.22 Billion |
|
Voya Financial Inc
NYSE:VOYA
|
$9.19 Billion |
|
Xinjiang Goldwind Science & Technology Co Ltd Class A
SHE:002202
|
$9.19 Billion |
|
Avantor Inc
NYSE:AVTR
|
$9.19 Billion |
|
Arrowhead Pharmaceuticals Inc
NASDAQ:ARWR
|
$9.19 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: 10.79x
- 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 102.00x to 10.79x 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¥227.98 | x |
| 2014-12-31 | CN¥2.76 | CN¥227.98 | x |
| 2015-12-31 | CN¥2.82 | CN¥227.98 | x |
| 2016-12-31 | CN¥4.17 | CN¥227.98 | x |
| 2017-12-31 | CN¥6.43 | CN¥227.98 | x |
| 2018-12-31 | CN¥5.20 | CN¥227.98 | x |
| 2019-12-31 | CN¥5.40 | CN¥227.98 | x |
| 2020-12-31 | CN¥7.00 | CN¥227.98 | x |
| 2021-12-31 | CN¥6.88 | CN¥227.98 | x |
| 2022-12-31 | CN¥7.52 | CN¥227.98 | x |
| 2023-12-31 | CN¥8.10 | CN¥227.98 | x |
| 2024-12-31 | CN¥8.72 | CN¥227.98 | x |
| 2025-12-31 | CN¥21.12 | CN¥227.98 | 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: $1,234,019,388
- Average return on equity (ROE) among peers: 7.58%
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 | $9.19 Billion |
| ZTE Corp (000063) | $701.40 Million | 16.69% | 0.94x | $19.12 Billion |
| Shenzhen SDG Information Co Ltd (000070) | $777.81 Million | 0.64% | 0.63x | $2.33 Billion |
| Addsino Co Ltd (000547) | $483.41 Million | 1.94% | 1.23x | $3.49 Billion |
| Sichuan Huiyuan Optical Com (000586) | $310.66 Million | 7.41% | 1.42x | $385.53 Million |
| PetroChina Jinhong Energy Investment Co Ltd (000669) | $4.33 Billion | 4.40% | 1.81x | $414.19 Million |
| Sichuan Jiuzhou Electronic Co Ltd (000801) | $2.95 Billion | 4.92% | 0.86x | $1.81 Billion |
| Skyworth Digital Co Ltd (000810) | $152.08 Million | 7.57% | 1.53x | $1.63 Billion |
| Gohigh Data Networks Technology Co Ltd (000851) | $1.09 Billion | 1.30% | 1.15x | $64.38 Million |
| Shenzhen Coship Electronics Co Ltd (002052) | $1.49 Billion | 4.51% | 1.03x | $923.79 Million |
| Sunwave Communications Co Ltd (002115) | $60.20 Million | 26.45% | 1.69x | $1.19 Billion |
About CIG ShangHai Co Ltd Class A
CIG Shanghai Co., Ltd., together with its subsidiaries, engages in the research and development, production, and sale of edge computing, industrial interconnection, and high-speed optical module products in China and internationally. The company offers terminal equipment, including telecom broadband, wireless networks, and small base stations for telecommunications, data communications, and enter… Read more