Shanghai Shine-Link Intl
Shanghai Shine-Link International Logistics Co., Ltd. provides lean supply chain management and logistics services in China and internationally. It offers same warehouse online and offline; consignment repair; E-commerce platform management and peak solutions; freight forwarding and special transportation; consumer products; special vehicle imports and export trade solutions; on-line ingredient a… Read more
Shanghai Shine-Link Intl (603648) - Net Assets
Latest net assets as of September 2025: CN¥1.85 Billion CNY
Based on the latest financial reports, Shanghai Shine-Link Intl (603648) has net assets worth CN¥1.85 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¥2.41 Billion) and total liabilities (CN¥562.95 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¥1.85 Billion |
| % of Total Assets | 76.66% |
| Annual Growth Rate | 17.42% |
| 5-Year Change | 6.79% |
| 10-Year Change | 153.59% |
| Growth Volatility | 24.36 |
Shanghai Shine-Link Intl - Net Assets Trend (2012–2024)
This chart illustrates how Shanghai Shine-Link Intl's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Shanghai Shine-Link Intl (2012–2024)
The table below shows the annual net assets of Shanghai Shine-Link Intl from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.87 Billion | +0.40% |
| 2023-12-31 | CN¥1.86 Billion | +1.42% |
| 2022-12-31 | CN¥1.83 Billion | +0.68% |
| 2021-12-31 | CN¥1.82 Billion | +4.17% |
| 2020-12-31 | CN¥1.75 Billion | +2.73% |
| 2019-12-31 | CN¥1.70 Billion | +3.75% |
| 2018-12-31 | CN¥1.64 Billion | +5.92% |
| 2017-12-31 | CN¥1.55 Billion | +78.70% |
| 2016-12-31 | CN¥866.70 Million | +17.71% |
| 2015-12-31 | CN¥736.28 Million | +55.09% |
| 2014-12-31 | CN¥474.73 Million | +28.50% |
| 2013-12-31 | CN¥369.45 Million | +35.92% |
| 2012-12-31 | CN¥271.82 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shanghai Shine-Link Intl'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 1101.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥480.54 Million | 26.00% |
| Common Stock | CN¥362.41 Million | 19.61% |
| Other Comprehensive Income | CN¥149.69 Million | 8.10% |
| Other Components | CN¥855.43 Million | 46.29% |
| Total Equity | CN¥1.85 Billion | 100.00% |
Shanghai Shine-Link Intl Competitors by Market Cap
The table below lists competitors of Shanghai Shine-Link Intl ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Takara Leben Co. Ltd
F:TDI
|
$231.64 Million |
|
BAF Viet Nam Agriculture JSC
VN:BAF
|
$231.66 Million |
|
Hillstone Networks Co Ltd
SHG:688030
|
$231.84 Million |
|
ARTS Group Co Ltd
SHG:603017
|
$231.84 Million |
|
Logo Yazilim Sanayi ve Ticaret AS
IS:LOGO
|
$231.54 Million |
|
Farglory FTZ Investment Holding Co Ltd
TW:5607
|
$231.53 Million |
|
Sjóvá-Almennar tryggingar hf
IC:SJOVA
|
$231.48 Million |
|
Career Technology MFG Co Ltd
TW:6153
|
$231.46 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shanghai Shine-Link Intl's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,843,675,285 to 1,848,070,111, a change of 4,394,826 (0.2%).
- Net income of 130,898,217 contributed positively to equity growth.
- Dividend payments of 127,908,640 reduced retained earnings.
- Other comprehensive income increased equity by 12,417,456.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥130.90 Million | +7.08% |
| Dividends Paid | CN¥127.91 Million | -6.92% |
| Other Comprehensive Income | CN¥12.42 Million | +0.67% |
| Other Changes | CN¥-11.01 Million | -0.6% |
| Total Change | CN¥- | 0.24% |
Book Value vs Market Value Analysis
This analysis compares Shanghai Shine-Link Intl'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: 2.02x
- 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 7.00x to 2.02x 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¥1.47 | CN¥10.29 | x |
| 2013-12-31 | CN¥1.70 | CN¥10.29 | x |
| 2014-12-31 | CN¥2.03 | CN¥10.29 | x |
| 2015-12-31 | CN¥2.90 | CN¥10.29 | x |
| 2016-12-31 | CN¥3.12 | CN¥10.29 | x |
| 2017-12-31 | CN¥5.11 | CN¥10.29 | x |
| 2018-12-31 | CN¥4.46 | CN¥10.29 | x |
| 2019-12-31 | CN¥4.60 | CN¥10.29 | x |
| 2020-12-31 | CN¥4.72 | CN¥10.29 | x |
| 2021-12-31 | CN¥4.92 | CN¥10.29 | x |
| 2022-12-31 | CN¥5.02 | CN¥10.29 | x |
| 2023-12-31 | CN¥5.06 | CN¥10.29 | x |
| 2024-12-31 | CN¥5.08 | CN¥10.29 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shanghai Shine-Link Intl 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): 7.08%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.61%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 1.39x
- Recent ROE (7.08%) is below the historical average (13.13%), 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 | 28.58% | 7.82% | 0.68x | 5.40x | CN¥50.51 Million |
| 2013 | 25.27% | 9.08% | 1.28x | 2.17x | CN¥56.42 Million |
| 2014 | 22.18% | 9.98% | 1.48x | 1.50x | CN¥57.81 Million |
| 2015 | 16.18% | 9.91% | 1.22x | 1.34x | CN¥45.51 Million |
| 2016 | 15.05% | 11.16% | 1.06x | 1.28x | CN¥43.75 Million |
| 2017 | 9.00% | 12.07% | 0.63x | 1.19x | CN¥-15.47 Million |
| 2018 | 8.75% | 11.58% | 0.63x | 1.20x | CN¥-20.39 Million |
| 2019 | 6.99% | 9.14% | 0.66x | 1.16x | CN¥-51.09 Million |
| 2020 | 6.39% | 7.33% | 0.77x | 1.13x | CN¥-62.81 Million |
| 2021 | 8.04% | 9.13% | 0.69x | 1.28x | CN¥-35.47 Million |
| 2022 | 8.91% | 9.90% | 0.71x | 1.26x | CN¥-19.80 Million |
| 2023 | 8.31% | 9.38% | 0.65x | 1.36x | CN¥-31.25 Million |
| 2024 | 7.08% | 8.61% | 0.59x | 1.39x | CN¥-53.91 Million |
Industry Comparison
This section compares Shanghai Shine-Link Intl's net assets metrics with peer companies in the Integrated Freight & Logistics industry.
Industry Context
- Industry: Integrated Freight & Logistics
- Average net assets among peers: $1,640,934,628
- Average return on equity (ROE) among peers: 7.71%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shanghai Shine-Link Intl (603648) | CN¥1.85 Billion | 28.58% | 0.30x | $231.59 Million |
| Citic Offshore Helicopter Co Ltd (000099) | $1.20 Billion | 6.92% | 0.50x | $1.26 Billion |
| Guangdong Jushen Logistics Co Ltd (001202) | $94.35 Million | 19.14% | 0.14x | $126.68 Million |
| Yongtaiyun Chemical Logistics Co.Ltd (001228) | $1.88 Billion | 7.98% | 1.09x | $200.09 Million |
| San Yang Ma (Chongqing) Logistics Co.Ltd. (001317) | $855.70 Million | 2.35% | 0.83x | $210.32 Million |
| YUNDA Holding Co Ltd (002120) | $84.36 Million | 13.68% | 2.05x | $2.57 Billion |
| S.F. Holding Co. Ltd (002352) | $126.48 Million | 32.88% | 1.12x | $10.96 Billion |
| STO Express Co Ltd (002468) | $7.88 Billion | -11.54% | 1.38x | $1.01 Billion |
| Hubeiyichang Transportation Group Co Ltd (002627) | $2.33 Billion | 4.94% | 0.81x | $493.16 Million |
| Shenzhen Prolto Supply Chain Management Co Ltd (002769) | $1.38 Billion | -6.14% | 4.12x | $411.09 Million |
| Xinjiang Tianshun Supply Chain Co Ltd (002800) | $582.68 Million | 6.88% | 0.81x | $234.39 Million |