Shanghai Emperor of Cleaning Hi-Tech Co Ltd (603200) - Net Assets
Based on the latest financial reports, Shanghai Emperor of Cleaning Hi-Tech Co Ltd (603200) has net assets worth CN¥1.17 Billion CNY (≈ $171.22 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.72 Billion ≈ $251.43 Million USD) and total liabilities (CN¥548.17 Million ≈ $80.21 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 603200 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.17 Billion |
| % of Total Assets | 68.1% |
| Annual Growth Rate | 15.14% |
| 5-Year Change | 23.09% |
| 10-Year Change | 229.48% |
| Growth Volatility | 23.77 |
Shanghai Emperor of Cleaning Hi-Tech Co Ltd - Net Assets Trend (2012–2024)
This chart illustrates how Shanghai Emperor of Cleaning Hi-Tech Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Shanghai Emperor of Cleaning Hi-Tech Co (603200) total assets for the complete picture of this company's asset base.
Annual Net Assets for Shanghai Emperor of Cleaning Hi-Tech Co Ltd (2012–2024)
The table below shows the annual net assets of Shanghai Emperor of Cleaning Hi-Tech Co Ltd from 2012 to 2024. For live valuation and market cap data, see Shanghai Emperor of Cleaning Hi-Tech Co stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.03 Billion ≈ $150.52 Million |
+3.04% |
| 2023-12-31 | CN¥998.29 Million ≈ $146.08 Million |
+4.99% |
| 2022-12-31 | CN¥950.82 Million ≈ $139.14 Million |
+9.25% |
| 2021-12-31 | CN¥870.31 Million ≈ $127.35 Million |
+4.15% |
| 2020-12-31 | CN¥835.66 Million ≈ $122.28 Million |
+3.51% |
| 2019-12-31 | CN¥807.34 Million ≈ $118.14 Million |
+7.08% |
| 2018-12-31 | CN¥753.93 Million ≈ $110.32 Million |
+5.89% |
| 2017-12-31 | CN¥712.02 Million ≈ $104.19 Million |
+93.18% |
| 2016-12-31 | CN¥368.58 Million ≈ $53.93 Million |
+18.06% |
| 2015-12-31 | CN¥312.19 Million ≈ $45.68 Million |
+19.36% |
| 2014-12-31 | CN¥261.55 Million ≈ $38.27 Million |
+18.14% |
| 2013-12-31 | CN¥221.40 Million ≈ $32.40 Million |
+16.81% |
| 2012-12-31 | CN¥189.54 Million ≈ $27.74 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shanghai Emperor of Cleaning Hi-Tech 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 674.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥394.42 Million | 41.05% |
| Other Components | CN¥566.31 Million | 58.95% |
| Total Equity | CN¥960.73 Million | 100.00% |
Shanghai Emperor of Cleaning Hi-Tech Co Ltd Competitors by Market Cap
The table below lists competitors of Shanghai Emperor of Cleaning Hi-Tech Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Klabin S.A
SA:KLBN3
|
$1.59 Billion |
|
Caisse Regionale de Credit Agricole Mutuel du Languedoc
PA:CRLA
|
$1.59 Billion |
|
CPT Technology Group Co Ltd
SHE:000536
|
$1.59 Billion |
|
Shenzhen Hello Tech Energy Co. Ltd. A
SHE:301327
|
$1.59 Billion |
|
Suzhou Anjie Technology Co Ltd
SHE:002635
|
$1.59 Billion |
|
Graubuendner Kantonalbank
SW:GRKP
|
$1.59 Billion |
|
Golden Ocean Group Ltd
NASDAQ:GOGL
|
$1.59 Billion |
|
Shanghai Film Co Ltd
SHG:601595
|
$1.59 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shanghai Emperor of Cleaning Hi-Tech Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 922,447,289 to 960,730,433, a change of 38,283,144 (4.2%).
- Net income of 42,954,122 contributed positively to equity growth.
- Dividend payments of 21,359,374 reduced retained earnings.
- Other factors increased equity by 16,688,397.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥42.95 Million | +4.47% |
| Dividends Paid | CN¥21.36 Million | -2.22% |
| Other Changes | CN¥16.69 Million | +1.74% |
| Total Change | CN¥- | 4.15% |
Book Value vs Market Value Analysis
This analysis compares Shanghai Emperor of Cleaning Hi-Tech 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: 11.33x
- 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 increased from 8.68x to 11.33x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥7.14 | CN¥62.03 | x |
| 2018-12-31 | CN¥7.36 | CN¥62.03 | x |
| 2019-12-31 | CN¥7.64 | CN¥62.03 | x |
| 2020-12-31 | CN¥7.98 | CN¥62.03 | x |
| 2021-12-31 | CN¥6.66 | CN¥62.03 | x |
| 2022-12-31 | CN¥5.07 | CN¥62.03 | x |
| 2023-12-31 | CN¥5.27 | CN¥62.03 | x |
| 2024-12-31 | CN¥5.47 | CN¥62.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shanghai Emperor of Cleaning Hi-Tech 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): 4.47%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.42%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 1.65x
- Recent ROE (4.47%) is below the historical average (6.99%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 16.08% | 20.01% | 0.66x | 1.21x | CN¥22.41 Million |
| 2017 | 8.09% | 19.11% | 0.38x | 1.12x | CN¥-13.60 Million |
| 2018 | 10.74% | 19.36% | 0.45x | 1.24x | CN¥5.51 Million |
| 2019 | 5.26% | 6.97% | 0.54x | 1.39x | CN¥-36.69 Million |
| 2020 | 4.34% | 6.58% | 0.45x | 1.45x | CN¥-45.52 Million |
| 2021 | 4.92% | 7.33% | 0.45x | 1.48x | CN¥-42.42 Million |
| 2022 | 4.80% | 6.99% | 0.44x | 1.56x | CN¥-45.82 Million |
| 2023 | 4.23% | 7.20% | 0.37x | 1.59x | CN¥-53.27 Million |
| 2024 | 4.47% | 8.42% | 0.32x | 1.65x | CN¥-53.12 Million |
Industry Comparison
This section compares Shanghai Emperor of Cleaning Hi-Tech Co Ltd's net assets metrics with peer companies in the Pollution & Treatment Controls industry.
Industry Context
- Industry: Pollution & Treatment Controls
- Average net assets among peers: $1,022,939,160
- Average return on equity (ROE) among peers: 2.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shanghai Emperor of Cleaning Hi-Tech Co Ltd (603200) | CN¥1.17 Billion | 16.08% | 0.47x | $1.59 Billion |
| Central Plains Environment Protection Co Ltd (000544) | $340.22 Million | 6.78% | 1.78x | $1.21 Billion |
| Shenwu Energy Saving Co Ltd (000820) | $299.63 Million | -3.40% | 5.07x | $354.79 Million |
| Hebei Sailhero Environmental (300137) | $156.24 Million | 21.36% | 0.68x | $1.31 Billion |
| Xiongan Kerong Environment Technology Co Ltd (300152) | $716.66 Million | -66.38% | 1.87x | $208.61 Million |
| Nanjing CEC Environmental Protect (300172) | $100.26 Million | 29.74% | 1.76x | $537.70 Million |
| Shanghai Canature Environmental (300272) | $513.34 Million | 11.10% | 0.09x | $670.18 Million |
| Suzhou TA&A Ultra Clean Technology Co Ltd (300390) | $136.74 Million | 19.31% | 0.61x | $13.43 Billion |
| Scimee Sci &Tech Co Ltd (300425) | $2.55 Billion | 3.46% | 0.84x | $497.16 Million |
| Penyao Environmental Protection Co Ltd Class A (300664) | $4.41 Billion | 5.27% | 0.83x | $619.72 Million |
| ShenZhen GAD Environmental Technology Co. Ltd. (300854) | $1.00 Billion | 2.04% | 0.74x | $495.67 Million |
About Shanghai Emperor of Cleaning Hi-Tech Co Ltd
Shanghai Emperor of Cleaning Hi-Tech Co., Ltd provides water treatment and air duct cleaning services in China. The company offers online intelligent air disinfection services for closed spaces and limited spaces; double carbon emission reduction services; and urban river management services. It also provides municipal construction and material supply services; subcontracting services; hazardous … Read more