Shanghai Laiyifen Co Ltd

SHG:603777 China Grocery Stores
Market Cap
$587.97 Million
CN¥4.31 Billion CNY
Market Cap Rank
#14658 Global
#3877 in China
Share Price
CN¥12.90
Change (1 day)
-3.15%
52-Week Range
CN¥12.13 - CN¥15.64
All Time High
CN¥51.43
Categories
Companies in China Grocery Stores
About

Shanghai Laiyifen Co.,Ltd operates snack food stores in China. The company's product categories include, ready-to-eat, puffed food, legumes, seeds and nuts, cake and pastries, meat-based, fruits and veggie, sweets, dried fruits, and seafoods. It also offers imported goods. In addition, the company provides its products through its online platform. It operates approximately 3,000 stores. The compa… Read more

Shanghai Laiyifen Co Ltd (603777) - Net Assets

Latest net assets as of September 2025: CN¥1.60 Billion CNY

Based on the latest financial reports, Shanghai Laiyifen Co Ltd (603777) has net assets worth CN¥1.60 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¥3.04 Billion) and total liabilities (CN¥1.44 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¥1.60 Billion
% of Total Assets 52.68%
Annual Growth Rate 17.71%
5-Year Change 4.23%
10-Year Change 60.93%
Growth Volatility 82.35

Shanghai Laiyifen Co Ltd - Net Assets Trend (2009–2024)

This chart illustrates how Shanghai Laiyifen 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 Laiyifen Co Ltd (2009–2024)

The table below shows the annual net assets of Shanghai Laiyifen Co Ltd from 2009 to 2024.

Year Net Assets Change
2024-12-31 CN¥1.74 Billion -5.79%
2023-12-31 CN¥1.84 Billion +1.71%
2022-12-31 CN¥1.81 Billion +6.83%
2021-12-31 CN¥1.70 Billion +1.83%
2020-12-31 CN¥1.67 Billion -5.57%
2019-12-31 CN¥1.76 Billion -4.86%
2018-12-31 CN¥1.85 Billion -2.79%
2017-12-31 CN¥1.91 Billion +1.71%
2016-12-31 CN¥1.87 Billion +73.81%
2015-12-31 CN¥1.08 Billion +13.90%
2014-12-31 CN¥946.99 Million +11.68%
2013-12-31 CN¥847.93 Million +10.57%
2012-12-31 CN¥766.89 Million -0.44%
2011-12-31 CN¥770.25 Million +19.14%
2010-12-31 CN¥646.50 Million +330.05%
2009-12-31 CN¥150.33 Million --

Equity Component Analysis

This analysis shows how different components contribute to Shanghai Laiyifen 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 199.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥426.46 Million 24.60%
Common Stock CN¥336.56 Million 19.42%
Other Components CN¥970.43 Million 55.98%
Total Equity CN¥1.73 Billion 100.00%

Shanghai Laiyifen Co Ltd Competitors by Market Cap

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

Company Market Cap
HomeStreet Inc
NASDAQ:HMST
 		$215.35 Million
Weebit Nano Limited
PINK:WBTNF
 		$215.35 Million
Qingdao Copton Technology Co Ltd
SHG:603798
 		$215.37 Million
Ningbo Water Meter Co Ltd
SHG:603700
 		$215.41 Million
Shofu Inc.
F:69W
 		$215.32 Million
Regional Management Corp
NYSE:RM
 		$215.32 Million
GIGAVIS LTD (PROPOSED)
KQ:420770
 		$215.32 Million
NACCO Industries Inc
NYSE:NC
 		$215.30 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,839,959,821 to 1,733,448,502, a change of -106,511,319 (-5.8%).
  • Net loss of 75,267,602 reduced equity.
  • Dividend payments of 17,155,250 reduced retained earnings.
  • Share repurchases of 35,024,961 reduced equity.
  • Other factors increased equity by 20,936,494.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-75.27 Million -4.34%
Dividends Paid CN¥17.16 Million -0.99%
Share Repurchases CN¥35.02 Million -2.02%
Other Changes CN¥20.94 Million +1.21%
Total Change CN¥- -5.79%

Book Value vs Market Value Analysis

This analysis compares Shanghai Laiyifen 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: 2.44x
  • 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 15.32x to 2.44x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2009-12-31 CN¥0.84 CN¥12.90 x
2010-12-31 CN¥3.48 CN¥12.90 x
2011-12-31 CN¥3.69 CN¥12.90 x
2012-12-31 CN¥3.00 CN¥12.90 x
2013-12-31 CN¥3.34 CN¥12.90 x
2014-12-31 CN¥3.74 CN¥12.90 x
2015-12-31 CN¥4.27 CN¥12.90 x
2016-12-31 CN¥6.89 CN¥12.90 x
2017-12-31 CN¥5.64 CN¥12.90 x
2018-12-31 CN¥5.50 CN¥12.90 x
2019-12-31 CN¥5.20 CN¥12.90 x
2020-12-31 CN¥4.94 CN¥12.90 x
2021-12-31 CN¥5.03 CN¥12.90 x
2022-12-31 CN¥5.38 CN¥12.90 x
2023-12-31 CN¥5.48 CN¥12.90 x
2024-12-31 CN¥5.30 CN¥12.90 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shanghai Laiyifen 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): -4.34%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -2.23%
  • • Asset Turnover: 1.07x
  • • Equity Multiplier: 1.83x
  • Recent ROE (-4.34%) is below the historical average (8.76%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2009 50.06% 6.94% 2.64x 2.74x CN¥60.23 Million
2010 16.02% 5.77% 1.65x 1.68x CN¥38.94 Million
2011 16.07% 4.91% 1.69x 1.93x CN¥46.73 Million
2012 4.04% 1.12% 1.92x 1.87x CN¥-45.69 Million
2013 11.54% 3.56% 1.79x 1.81x CN¥13.07 Million
2014 14.34% 4.75% 1.75x 1.72x CN¥41.06 Million
2015 12.20% 4.21% 1.67x 1.74x CN¥23.73 Million
2016 7.15% 4.14% 1.17x 1.48x CN¥-53.35 Million
2017 5.32% 2.79% 1.21x 1.57x CN¥-89.29 Million
2018 0.55% 0.26% 1.37x 1.53x CN¥-175.24 Million
2019 0.59% 0.26% 1.40x 1.63x CN¥-165.98 Million
2020 -3.92% -1.62% 1.49x 1.63x CN¥-231.72 Million
2021 1.83% 0.74% 1.23x 2.00x CN¥-138.56 Million
2022 5.63% 2.33% 1.19x 2.04x CN¥-79.04 Million
2023 3.10% 1.43% 1.18x 1.83x CN¥-126.95 Million
2024 -4.34% -2.23% 1.07x 1.83x CN¥-248.61 Million

Industry Comparison

This section compares Shanghai Laiyifen Co Ltd's net assets metrics with peer companies in the Grocery Stores industry.

Industry Context

  • Industry: Grocery Stores
  • Average net assets among peers: $1,721,626,866
  • Average return on equity (ROE) among peers: 11.79%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shanghai Laiyifen Co Ltd (603777) CN¥1.60 Billion 50.06% 0.90x $215.35 Million
Renrenle Commercial Group Co Ltd (002336) $1.77 Billion -30.44% 1.97x $5.26 Million
Sanjiang Shopping Club Co Ltd (601116) $1.64 Billion 6.64% 0.69x $377.13 Million
Shenyang Toly Bread Co Ltd (603866) $3.16 Billion 16.26% 0.12x $504.95 Million
Ganso Co Ltd (603886) $325.57 Million 54.71% 1.38x $175.53 Million