Shanghai Moons' Elec Co Ltd

SHG:603728 China Electrical Equipment & Parts
Market Cap
$3.51 Billion
CN¥25.77 Billion CNY
Market Cap Rank
#6794 Global
#1081 in China
Share Price
CN¥61.52
Change (1 day)
-1.68%
52-Week Range
CN¥53.49 - CN¥84.64
All Time High
CN¥90.74
About

Shanghai Moons' Electric Co., Ltd. engages in the research and development, production, operation, and sale of motion control, LED intelligent lighting control, and industrial equipment in the Asia Pacific, the Americas, and Europe. The company offers motion control products, such as stepper motors, slotless and coreless motors, motion controller, stepper drives and motors, step- servo drives and… Read more

Shanghai Moons' Elec Co Ltd (603728) - Net Assets

Latest net assets as of September 2025: CN¥2.97 Billion CNY

Based on the latest financial reports, Shanghai Moons' Elec Co Ltd (603728) has net assets worth CN¥2.97 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¥4.42 Billion) and total liabilities (CN¥1.45 Billion). 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¥2.97 Billion
% of Total Assets 67.26%
Annual Growth Rate 17.74%
5-Year Change 33.89%
10-Year Change 358.24%
Growth Volatility 29.89

Shanghai Moons' Elec Co Ltd - Net Assets Trend (2012–2024)

This chart illustrates how Shanghai Moons' Elec 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 Shanghai Moons' Elec Co Ltd (2012–2024)

The table below shows the annual net assets of Shanghai Moons' Elec Co Ltd from 2012 to 2024.

Year Net Assets Change
2024-12-31 CN¥2.92 Billion +2.33%
2023-12-31 CN¥2.86 Billion +5.10%
2022-12-31 CN¥2.72 Billion +11.11%
2021-12-31 CN¥2.45 Billion +12.06%
2020-12-31 CN¥2.18 Billion +8.56%
2019-12-31 CN¥2.01 Billion +8.78%
2018-12-31 CN¥1.85 Billion +9.33%
2017-12-31 CN¥1.69 Billion +118.05%
2016-12-31 CN¥775.08 Million +21.57%
2015-12-31 CN¥637.57 Million +16.03%
2014-12-31 CN¥549.51 Million +15.16%
2013-12-31 CN¥477.19 Million +15.88%
2012-12-31 CN¥411.79 Million --

Equity Component Analysis

This analysis shows how different components contribute to Shanghai Moons' Elec 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 2919.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥1.57 Billion 53.79%
Common Stock CN¥418.88 Million 14.38%
Other Components CN¥927.19 Million 31.83%
Total Equity CN¥2.91 Billion 100.00%

Shanghai Moons' Elec Co Ltd Competitors by Market Cap

The table below lists competitors of Shanghai Moons' Elec Co Ltd ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 2,848,107,316 to 2,913,071,675, a change of 64,964,359 (2.3%).
  • Net income of 77,906,965 contributed positively to equity growth.
  • Dividend payments of 28,264,943 reduced retained earnings.
  • Share repurchases of 10,320,120 reduced equity.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥77.91 Million +2.67%
Dividends Paid CN¥28.26 Million -0.97%
Share Repurchases CN¥10.32 Million -0.35%
Other Changes CN¥25.64 Million +0.88%
Total Change CN¥- 2.28%

Book Value vs Market Value Analysis

This analysis compares Shanghai Moons' Elec 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: 8.85x
  • 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 46.92x to 8.85x 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¥1.31 CN¥61.52 x
2013-12-31 CN¥1.52 CN¥61.52 x
2014-12-31 CN¥1.76 CN¥61.52 x
2015-12-31 CN¥2.04 CN¥61.52 x
2016-12-31 CN¥2.48 CN¥61.52 x
2017-12-31 CN¥5.89 CN¥61.52 x
2018-12-31 CN¥4.81 CN¥61.52 x
2019-12-31 CN¥4.83 CN¥61.52 x
2020-12-31 CN¥5.24 CN¥61.52 x
2021-12-31 CN¥5.83 CN¥61.52 x
2022-12-31 CN¥6.43 CN¥61.52 x
2023-12-31 CN¥6.77 CN¥61.52 x
2024-12-31 CN¥6.95 CN¥61.52 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shanghai Moons' Elec 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): 2.67%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 3.22%
  • • Asset Turnover: 0.59x
  • • Equity Multiplier: 1.40x
  • Recent ROE (2.67%) is below the historical average (11.33%), 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 14.20% 6.46% 1.35x 1.63x CN¥17.19 Million
2013 15.63% 7.92% 1.26x 1.57x CN¥26.64 Million
2014 16.91% 8.28% 1.27x 1.60x CN¥37.98 Million
2015 15.38% 8.36% 1.11x 1.66x CN¥34.29 Million
2016 20.24% 10.63% 1.21x 1.57x CN¥79.33 Million
2017 9.82% 10.19% 0.75x 1.28x CN¥-2.98 Million
2018 9.04% 8.81% 0.77x 1.33x CN¥-17.81 Million
2019 8.69% 8.49% 0.78x 1.32x CN¥-26.26 Million
2020 9.21% 9.07% 0.80x 1.27x CN¥-17.22 Million
2021 11.45% 10.30% 0.83x 1.33x CN¥35.50 Million
2022 9.12% 8.35% 0.77x 1.43x CN¥-23.87 Million
2023 4.93% 5.52% 0.66x 1.35x CN¥-144.37 Million
2024 2.67% 3.22% 0.59x 1.40x CN¥-213.40 Million

Industry Comparison

This section compares Shanghai Moons' Elec Co Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.

Industry Context

  • Industry: Electrical Equipment & Parts
  • Average net assets among peers: $2,399,685,798
  • Average return on equity (ROE) among peers: -30.02%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shanghai Moons' Elec Co Ltd (603728) CN¥2.97 Billion 14.20% 0.49x $1.14 Billion
XJ Electric Co Ltd (000400) $11.69 Billion 8.60% 0.87x $2.50 Billion
Guangdong Macro Co Ltd (000533) $259.29 Million -377.39% 9.44x $880.32 Million
Shandong Xinneng Taishan Power Generation Co Ltd (000720) $1.31 Billion 8.55% 0.86x $364.23 Million
Huagong Tech Co Ltd (000988) $3.01 Billion 5.01% 0.66x $9.70 Billion
Hunan Valin Wire & Cable Co Ltd (001208) $1.62 Billion 6.74% 1.87x $855.32 Million
Shijiazhuang Shangtai Technology Co. Ltd. A (001301) $1.35 Billion 11.31% 0.12x $1.62 Billion
Guangdong Xinyaguang Cable Co (001382) $804.28 Million 11.99% 1.13x $201.71 Million
Sieyuan Electric Co Ltd (002028) $3.44 Billion 10.09% 0.45x $14.61 Billion
Shanghai Welltech Automation Co Ltd (002058) $186.07 Million 7.07% 0.22x $217.00 Million
Gotion High tech Co Ltd (002074) $324.01 Million 7.87% 0.45x $5.08 Billion