Shandong Gold Phoenix Co Ltd
Shandong Gold Phoenix Co.,Ltd engages in the research, development, production, and sale of friction materials and brake products in China and internationally. The company offers brake pads, discs, and shoes for passenger and commercial vehicles, as well as brake products for line hanging and washing machines. It exports its products to approximately 70 countries. The company was founded in 1999 … Read more
Shandong Gold Phoenix Co Ltd (603586) - Net Assets
Latest net assets as of September 2025: CN¥2.32 Billion CNY
Based on the latest financial reports, Shandong Gold Phoenix Co Ltd (603586) has net assets worth CN¥2.32 Billion CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.69 Billion) and total liabilities (CN¥372.76 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.32 Billion |
| % of Total Assets | 86.16% |
| Annual Growth Rate | 15.64% |
| 5-Year Change | 4.84% |
| 10-Year Change | 173.5% |
| Growth Volatility | 32.14 |
Shandong Gold Phoenix Co Ltd - Net Assets Trend (2012–2024)
This chart illustrates how Shandong Gold Phoenix Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Shandong Gold Phoenix Co Ltd (2012–2024)
The table below shows the annual net assets of Shandong Gold Phoenix Co Ltd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.28 Billion | +0.83% |
| 2023-12-31 | CN¥2.26 Billion | +1.68% |
| 2022-12-31 | CN¥2.22 Billion | +10.84% |
| 2021-12-31 | CN¥2.00 Billion | -7.74% |
| 2020-12-31 | CN¥2.17 Billion | -0.79% |
| 2019-12-31 | CN¥2.19 Billion | +2.06% |
| 2018-12-31 | CN¥2.14 Billion | +1.26% |
| 2017-12-31 | CN¥2.12 Billion | +113.40% |
| 2016-12-31 | CN¥992.18 Million | +19.22% |
| 2015-12-31 | CN¥832.20 Million | +18.50% |
| 2014-12-31 | CN¥702.26 Million | +16.24% |
| 2013-12-31 | CN¥604.15 Million | +51.77% |
| 2012-12-31 | CN¥398.06 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shandong Gold Phoenix 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 818.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥807.70 Million | 35.49% |
| Common Stock | CN¥196.05 Million | 8.61% |
| Other Comprehensive Income | CN¥176.75 Million | 7.77% |
| Other Components | CN¥1.10 Billion | 48.13% |
| Total Equity | CN¥2.28 Billion | 100.00% |
Shandong Gold Phoenix Co Ltd Competitors by Market Cap
The table below lists competitors of Shandong Gold Phoenix Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ecogas Inversiones S.A.
BA:ECOG
|
$180.51 Million |
|
Talgo SA
MC:TLGO
|
$180.54 Million |
|
ODAS Elektrik Uretim Sanayi Ticaret AS
IS:ODAS
|
$180.62 Million |
|
Shanghai No1 Pharmacy Co Ltd
SHG:600833
|
$180.65 Million |
|
Vátryggingafélag Íslands hf
IC:SKAGI
|
$180.45 Million |
|
FACT II Acquisition Corp. Unit
NASDAQ:FACTU
|
$180.37 Million |
|
TSH Resources Bhd
KLSE:9059
|
$180.35 Million |
|
Fujian Tendering Co. Ltd.
SHE:301136
|
$180.34 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shandong Gold Phoenix Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,257,366,951 to 2,276,049,014, a change of 18,682,063 (0.8%).
- Net income of 92,170,149 contributed positively to equity growth.
- Dividend payments of 91,041,362 reduced retained earnings.
- Other comprehensive income increased equity by 128,817,229.
- Other factors decreased equity by 111,263,953.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥92.17 Million | +4.05% |
| Dividends Paid | CN¥91.04 Million | -4.0% |
| Other Comprehensive Income | CN¥128.82 Million | +5.66% |
| Other Changes | CN¥-111.26 Million | -4.89% |
| Total Change | CN¥- | 0.83% |
Book Value vs Market Value Analysis
This analysis compares Shandong Gold Phoenix 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: 1.55x
- 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 6.57x to 1.55x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | CN¥2.74 | CN¥17.97 | x |
| 2013-12-31 | CN¥4.07 | CN¥17.97 | x |
| 2014-12-31 | CN¥4.44 | CN¥17.97 | x |
| 2015-12-31 | CN¥5.29 | CN¥17.97 | x |
| 2016-12-31 | CN¥6.31 | CN¥17.97 | x |
| 2017-12-31 | CN¥7.09 | CN¥17.97 | x |
| 2018-12-31 | CN¥9.94 | CN¥17.97 | x |
| 2019-12-31 | CN¥10.76 | CN¥17.97 | x |
| 2020-12-31 | CN¥10.90 | CN¥17.97 | x |
| 2021-12-31 | CN¥10.27 | CN¥17.97 | x |
| 2022-12-31 | CN¥11.14 | CN¥17.97 | x |
| 2023-12-31 | CN¥11.52 | CN¥17.97 | x |
| 2024-12-31 | CN¥11.61 | CN¥17.97 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shandong Gold Phoenix 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): 4.05%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.30%
- • Asset Turnover: 0.64x
- • Equity Multiplier: 1.20x
- Recent ROE (4.05%) is below the historical average (11.97%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 27.04% | 12.55% | 0.65x | 3.32x | CN¥67.35 Million |
| 2013 | 22.58% | 14.09% | 0.57x | 2.82x | CN¥75.68 Million |
| 2014 | 20.28% | 13.41% | 0.59x | 2.56x | CN¥71.94 Million |
| 2015 | 19.46% | 14.39% | 0.65x | 2.07x | CN¥78.46 Million |
| 2016 | 20.93% | 16.05% | 0.72x | 1.81x | CN¥108.21 Million |
| 2017 | 8.22% | 11.59% | 0.53x | 1.33x | CN¥-37.66 Million |
| 2018 | 4.13% | 6.31% | 0.49x | 1.34x | CN¥-125.81 Million |
| 2019 | 9.29% | 12.52% | 0.58x | 1.28x | CN¥-15.45 Million |
| 2020 | 7.52% | 12.68% | 0.49x | 1.20x | CN¥-53.75 Million |
| 2021 | -2.53% | -3.64% | 0.51x | 1.37x | CN¥-251.03 Million |
| 2022 | 8.70% | 10.57% | 0.64x | 1.28x | CN¥-28.76 Million |
| 2023 | 5.90% | 8.31% | 0.61x | 1.17x | CN¥-92.53 Million |
| 2024 | 4.05% | 5.30% | 0.64x | 1.20x | CN¥-135.43 Million |
Industry Comparison
This section compares Shandong Gold Phoenix Co Ltd's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $2,572,980,621
- Average return on equity (ROE) among peers: 8.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shandong Gold Phoenix Co Ltd (603586) | CN¥2.32 Billion | 27.04% | 0.16x | $180.50 Million |
| Wanxiang Qianchao Co Ltd (000559) | $2.25 Billion | 8.11% | 1.30x | $2.51 Billion |
| Weifu High-Technology Group Co Ltd (000581) | $15.35 Billion | 16.75% | 0.32x | $1.90 Billion |
| Gui Zhou Tyre Co Ltd (000589) | $840.45 Million | 2.86% | 1.85x | $805.35 Million |
| Qingdao Doublestar Co Ltd (000599) | $772.99 Million | 6.94% | 1.69x | $447.80 Million |
| Hengli Industrial Development Group Co Ltd (000622) | $169.93 Million | 0.00% | 0.80x | $7.81 Million |
| Xiangyang Automobile Bearing Co Ltd (000678) | $926.07 Million | -5.80% | 1.58x | $632.55 Million |
| Jiangnan Mould & Plastic Technology Co Ltd (000700) | $415.84 Million | 7.91% | 0.51x | $929.41 Million |
| Sichuan Haowu Electromechanical Co Ltd (000757) | $97.36 Million | 31.38% | 1.32x | $230.79 Million |
| Anhui Zhongding Sealing Parts Co Ltd (000887) | $598.28 Million | 10.29% | 1.20x | $2.06 Billion |
| Aerospace Hi-Tech Holding Group Co Ltd (000901) | $4.31 Billion | 3.73% | 0.63x | $1.62 Billion |