Shanghai Moons' Elec Co Ltd (603728) - Net Assets
Based on the latest financial reports, Shanghai Moons' Elec Co Ltd (603728) has net assets worth CN¥2.97 Billion CNY (≈ $435.28 Million 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¥4.42 Billion ≈ $647.14 Million USD) and total liabilities (CN¥1.45 Billion ≈ $211.86 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 financial resilience of Shanghai Moons' Elec Co Ltd to evaluate the company's liquid asset resilience ratio.
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. Also explore balance sheet size of Shanghai Moons' Elec Co Ltd for the complete picture of this company's asset base.
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. For live valuation and market cap data, see 603728 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.92 Billion ≈ $427.53 Million |
+2.33% |
| 2023-12-31 | CN¥2.86 Billion ≈ $417.80 Million |
+5.10% |
| 2022-12-31 | CN¥2.72 Billion ≈ $397.55 Million |
+11.11% |
| 2021-12-31 | CN¥2.45 Billion ≈ $357.80 Million |
+12.06% |
| 2020-12-31 | CN¥2.18 Billion ≈ $319.31 Million |
+8.56% |
| 2019-12-31 | CN¥2.01 Billion ≈ $294.13 Million |
+8.78% |
| 2018-12-31 | CN¥1.85 Billion ≈ $270.39 Million |
+9.33% |
| 2017-12-31 | CN¥1.69 Billion ≈ $247.31 Million |
+118.05% |
| 2016-12-31 | CN¥775.08 Million ≈ $113.42 Million |
+21.57% |
| 2015-12-31 | CN¥637.57 Million ≈ $93.30 Million |
+16.03% |
| 2014-12-31 | CN¥549.51 Million ≈ $80.41 Million |
+15.16% |
| 2013-12-31 | CN¥477.19 Million ≈ $69.83 Million |
+15.88% |
| 2012-12-31 | CN¥411.79 Million ≈ $60.26 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.
| Company | Market Cap |
|---|---|
|
Hubei Zhenhua Chemical Co Ltd
SHG:603067
|
$3.64 Billion |
|
RUBIS
F:BYN
|
$3.64 Billion |
|
StarPower Semiconductor Ltd
SHG:603290
|
$3.64 Billion |
|
United Community Banks, Inc.
NYSE:UCB
|
$3.64 Billion |
|
Golub Capital BDC Inc
NASDAQ:GBDC
|
$3.64 Billion |
|
Solaris Energy Infrastructure, Inc.
NYSE:SEI
|
$3.63 Billion |
|
Jiamei Food Packaging Chuzhou Co
SHE:002969
|
$3.63 Billion |
|
Gitlab Inc
NASDAQ:GTLB
|
$3.63 Billion |
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: 8.53x
- 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 45.26x to 8.53x 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¥59.35 | x |
| 2013-12-31 | CN¥1.52 | CN¥59.35 | x |
| 2014-12-31 | CN¥1.76 | CN¥59.35 | x |
| 2015-12-31 | CN¥2.04 | CN¥59.35 | x |
| 2016-12-31 | CN¥2.48 | CN¥59.35 | x |
| 2017-12-31 | CN¥5.89 | CN¥59.35 | x |
| 2018-12-31 | CN¥4.81 | CN¥59.35 | x |
| 2019-12-31 | CN¥4.83 | CN¥59.35 | x |
| 2020-12-31 | CN¥5.24 | CN¥59.35 | x |
| 2021-12-31 | CN¥5.83 | CN¥59.35 | x |
| 2022-12-31 | CN¥6.43 | CN¥59.35 | x |
| 2023-12-31 | CN¥6.77 | CN¥59.35 | x |
| 2024-12-31 | CN¥6.95 | CN¥59.35 | 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: $2,638,100,262
- Average return on equity (ROE) among peers: 8.55%
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 | $3.64 Billion |
| XJ Electric Co Ltd (000400) | $8.35 Billion | 2.39% | 0.75x | $3.75 Billion |
| Guangdong Macro Co Ltd (000533) | $1.10 Billion | 6.75% | 1.20x | $1.28 Billion |
| Foshan Electrical and Lighting Co Ltd (000541) | $2.19 Billion | 10.32% | 0.10x | $1.02 Billion |
| Dongfang Electronics Co Ltd (000682) | $1.57 Billion | 1.57% | 0.53x | $2.56 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $174.25 Million | 22.97% | 1.38x | $834.77 Million |
| Huagong Tech Co Ltd (000988) | $3.26 Billion | 7.06% | 0.72x | $17.59 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $434.81 Million | 6.61% | 1.31x | $1.79 Billion |
| Sieyuan Electric Co Ltd (002028) | $65.21 Million | 33.34% | 0.57x | $22.29 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $183.97 Million | -6.05% | 0.22x | $526.87 Million |
| Gotion High tech Co Ltd (002074) | $9.06 Billion | 0.57% | 1.78x | $9.75 Billion |
About Shanghai Moons' Elec Co Ltd
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