Shanghai Zhonggu Logistics Co Ltd (603565) - Net Assets

Latest as of September 2025: CN¥9.90 Billion CNY ≈ $1.45 Billion USD

Based on the latest financial reports, Shanghai Zhonggu Logistics Co Ltd (603565) has net assets worth CN¥9.90 Billion CNY (≈ $1.45 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥24.36 Billion ≈ $3.56 Billion USD) and total liabilities (CN¥14.45 Billion ≈ $2.11 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 financial resilience of Shanghai Zhonggu Logistics Co Ltd to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥9.90 Billion
% of Total Assets	40.66%
Annual Growth Rate	46.01%
5-Year Change	112.88%
10-Year Change	2858.82%
Growth Volatility	40.91

Shanghai Zhonggu Logistics Co Ltd - Net Assets Trend (2013–2024)

This chart illustrates how Shanghai Zhonggu Logistics Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 603565 current and non-current assets for the complete picture of this company's asset base.

Annual Net Assets for Shanghai Zhonggu Logistics Co Ltd (2013–2024)

The table below shows the annual net assets of Shanghai Zhonggu Logistics Co Ltd from 2013 to 2024. For live valuation and market cap data, see Shanghai Zhonggu Logistics Co Ltd (603565) total market value.

Year	Net Assets	Change
2024-12-31	CN¥11.07 Billion ≈ $1.62 Billion	+2.99%
2023-12-31	CN¥10.75 Billion ≈ $1.57 Billion	+15.18%
2022-12-31	CN¥9.34 Billion ≈ $1.37 Billion	-4.09%
2021-12-31	CN¥9.73 Billion ≈ $1.42 Billion	+87.12%
2020-12-31	CN¥5.20 Billion ≈ $761.25 Million	+75.04%
2019-12-31	CN¥2.97 Billion ≈ $434.90 Million	+34.59%
2018-12-31	CN¥2.21 Billion ≈ $323.14 Million	+27.65%
2017-12-31	CN¥1.73 Billion ≈ $253.14 Million	+104.92%
2016-12-31	CN¥844.17 Million ≈ $123.53 Million	+125.54%
2015-12-31	CN¥374.29 Million ≈ $54.77 Million	+30.89%
2014-12-31	CN¥285.95 Million ≈ $41.84 Million	+66.09%
2013-12-31	CN¥172.17 Million ≈ $25.19 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Shanghai Zhonggu Logistics 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 4456.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥4.59 Billion	41.57%
Common Stock	CN¥2.10 Billion	19.00%
Other Components	CN¥4.36 Billion	39.43%
Total Equity	CN¥11.05 Billion	100.00%

Shanghai Zhonggu Logistics Co Ltd Competitors by Market Cap

The table below lists competitors of Shanghai Zhonggu Logistics Co Ltd ranked by their market capitalization.

Company	Market Cap
Golub Capital BDC Inc NASDAQ:GBDC	$3.50 Billion
nLIGHT Inc NASDAQ:LASR	$3.50 Billion
SUNRISE N SW:SUNN	$3.50 Billion
Hand Enterprise Solutions Co SHE:300170	$3.50 Billion
Xinyi Solar Holdings Ltd F:13X	$3.50 Billion
Beijing BDStar Navigation Co Ltd SHE:002151	$3.50 Billion
Topaz Energy Corp TO:TPZ	$3.50 Billion
CIE Automotive S.A. MC:CIE	$3.50 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Shanghai Zhonggu Logistics Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 10,718,878,887 to 11,051,480,021, a change of 332,601,134 (3.1%).
Net income of 1,835,400,632 contributed positively to equity growth.
Dividend payments of 1,757,361,499 reduced retained earnings.
Other factors increased equity by 254,562,001.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥1.84 Billion	+16.61%
Dividends Paid	CN¥1.76 Billion	-15.9%
Other Changes	CN¥254.56 Million	+2.3%
Total Change	CN¥-	3.10%

Book Value vs Market Value Analysis

This analysis compares Shanghai Zhonggu Logistics 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: 2.17x
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 63.43x to 2.17x 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¥0.18	CN¥11.39	x
2014-12-31	CN¥0.30	CN¥11.39	x
2015-12-31	CN¥2.23	CN¥11.39	x
2016-12-31	CN¥0.54	CN¥11.39	x
2017-12-31	CN¥2.38	CN¥11.39	x
2018-12-31	CN¥2.82	CN¥11.39	x
2019-12-31	CN¥1.56	CN¥11.39	x
2020-12-31	CN¥2.72	CN¥11.39	x
2021-12-31	CN¥4.97	CN¥11.39	x
2022-12-31	CN¥4.43	CN¥11.39	x
2023-12-31	CN¥5.12	CN¥11.39	x
2024-12-31	CN¥5.24	CN¥11.39	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shanghai Zhonggu Logistics 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): 16.61%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 16.30%
• Asset Turnover: 0.45x
• Equity Multiplier: 2.24x
Recent ROE (16.61%) is below the historical average (27.26%), 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	36.23%	3.42%	2.74x	3.86x	CN¥45.16 Million
2014	18.46%	2.18%	2.47x	3.42x	CN¥24.19 Million
2015	35.87%	4.32%	1.73x	4.80x	CN¥96.83 Million
2016	54.02%	11.17%	1.54x	3.14x	CN¥371.64 Million
2017	21.88%	6.74%	1.18x	2.74x	CN¥204.87 Million
2018	25.07%	6.82%	1.21x	3.03x	CN¥331.27 Million
2019	29.01%	8.66%	1.19x	2.81x	CN¥561.99 Million
2020	19.70%	9.78%	0.90x	2.24x	CN¥501.66 Million
2021	24.78%	19.56%	0.71x	1.79x	CN¥1.43 Billion
2022	29.47%	19.29%	0.71x	2.16x	CN¥1.81 Billion
2023	16.02%	13.81%	0.53x	2.18x	CN¥645.39 Million
2024	16.61%	16.30%	0.45x	2.24x	CN¥730.25 Million

Industry Comparison

This section compares Shanghai Zhonggu Logistics Co Ltd's net assets metrics with peer companies in the Integrated Freight & Logistics industry.

Industry Context

Industry: Integrated Freight & Logistics
Average net assets among peers: $4,139,382,052
Average return on equity (ROE) among peers: 18.95%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Shanghai Zhonggu Logistics Co Ltd (603565)	CN¥9.90 Billion	36.23%	1.46x	$3.50 Billion
Citic Offshore Helicopter Co Ltd (000099)	$1.16 Billion	6.99%	0.39x	$2.07 Billion
Guangdong Jushen Logistics Co Ltd (001202)	$51.42 Million	8.12%	0.47x	$425.40 Million
YUNDA Holding Co Ltd (002120)	$5.25 Billion	30.25%	0.79x	$3.35 Billion
S.F. Holding Co. Ltd (002352)	$32.73 Billion	14.59%	0.76x	$26.47 Billion
STO Express Co Ltd (002468)	$242.34 Million	62.69%	1.08x	$3.65 Billion
Hubeiyichang Transportation Group Co Ltd (002627)	$268.43 Million	28.09%	1.38x	$771.91 Million
Shenzhen Prolto Supply Chain Management Co Ltd (002769)	$75.60 Million	23.23%	6.45x	$547.92 Million
Xinjiang Tianshun Supply Chain Co Ltd (002800)	$575.26 Million	2.11%	0.93x	$405.04 Million
Shenzhen Easttop Supply Chain Management Co Ltd (002889)	$679.80 Million	12.04%	17.63x	$741.10 Million
Jiangsu Xinning Modern Logist (300013)	$359.48 Million	1.37%	0.50x	$372.58 Million

About Shanghai Zhonggu Logistics Co Ltd

SHG:603565 China Integrated Freight & Logistics

Market Cap

$3.50 Billion

CN¥23.92 Billion CNY

Market Cap Rank

#4554 Global

#840 in China

Share Price

CN¥11.39

Change (1 day)

+1.42%

52-Week Range

CN¥9.42 - CN¥12.25

All Time High

CN¥15.69