Shanghai AtHub Co Ltd
Shanghai @hub Co.,Ltd. provides internet data center services in China and internationally. The company offers server hosting, leasing, operation management, and network access services; cloud services; and engineering procurement construction. The company was founded in 2009 and is headquartered in Shanghai, China.
Shanghai AtHub Co Ltd (603881) - Net Assets
Latest net assets as of September 2025: CN¥3.30 Billion CNY
Based on the latest financial reports, Shanghai AtHub Co Ltd (603881) has net assets worth CN¥3.30 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¥8.02 Billion) and total liabilities (CN¥4.71 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¥3.30 Billion |
| % of Total Assets | 41.22% |
| Annual Growth Rate | 43.41% |
| 5-Year Change | 11.54% |
| 10-Year Change | 856.99% |
| Growth Volatility | 67.24 |
Shanghai AtHub Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Shanghai AtHub 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 AtHub Co Ltd (2011–2024)
The table below shows the annual net assets of Shanghai AtHub Co Ltd from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.23 Billion | +3.00% |
| 2023-12-31 | CN¥3.13 Billion | +3.73% |
| 2022-12-31 | CN¥3.02 Billion | +1.27% |
| 2021-12-31 | CN¥2.98 Billion | +3.09% |
| 2020-12-31 | CN¥2.89 Billion | +162.40% |
| 2019-12-31 | CN¥1.10 Billion | +9.49% |
| 2018-12-31 | CN¥1.01 Billion | +12.52% |
| 2017-12-31 | CN¥895.25 Million | +115.44% |
| 2016-12-31 | CN¥415.54 Million | +23.19% |
| 2015-12-31 | CN¥337.32 Million | +25.61% |
| 2014-12-31 | CN¥268.55 Million | +217.48% |
| 2013-12-31 | CN¥84.59 Million | +76.98% |
| 2012-12-31 | CN¥47.80 Million | +60.83% |
| 2011-12-31 | CN¥29.72 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shanghai AtHub 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 19252.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥906.06 Million | 28.10% |
| Common Stock | CN¥598.65 Million | 18.57% |
| Other Comprehensive Income | CN¥58.99 Million | 1.83% |
| Other Components | CN¥1.66 Billion | 51.51% |
| Total Equity | CN¥3.22 Billion | 100.00% |
Shanghai AtHub Co Ltd Competitors by Market Cap
The table below lists competitors of Shanghai AtHub Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jiangxi Hongdu Aviation Industry Co Ltd
SHG:600316
|
$1.96 Billion |
|
Chung-Hsin Electric & Machinery Mfg Corp
TW:1513
|
$1.96 Billion |
|
Intouch Holdings Public Company Limited
BK:INTUCH
|
$1.96 Billion |
|
National HealthCare Corporation
NYSE MKT:NHC
|
$1.96 Billion |
|
Geo Group Inc
NYSE:GEO
|
$1.96 Billion |
|
Guangxi Liugong Machinery Co Ltd
SHE:000528
|
$1.96 Billion |
|
Oberoi Realty Limited
NSE:OBEROIRLTY
|
$1.96 Billion |
|
L E Lundbergföretagen AB (publ)
PINK:LBGUF
|
$1.96 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shanghai AtHub Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,129,975,036 to 3,224,495,130, a change of 94,520,094 (3.0%).
- Net income of 132,190,211 contributed positively to equity growth.
- Dividend payments of 114,350,093 reduced retained earnings.
- Other comprehensive income increased equity by 4,538,378.
- Other factors increased equity by 72,141,598.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥132.19 Million | +4.1% |
| Dividends Paid | CN¥114.35 Million | -3.55% |
| Other Comprehensive Income | CN¥4.54 Million | +0.14% |
| Other Changes | CN¥72.14 Million | +2.24% |
| Total Change | CN¥- | 3.02% |
Book Value vs Market Value Analysis
This analysis compares Shanghai AtHub 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: 6.62x
- 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 278.54x to 6.62x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥0.13 | CN¥35.52 | x |
| 2012-12-31 | CN¥0.21 | CN¥35.52 | x |
| 2013-12-31 | CN¥0.25 | CN¥35.52 | x |
| 2014-12-31 | CN¥0.87 | CN¥35.52 | x |
| 2015-12-31 | CN¥1.10 | CN¥35.52 | x |
| 2016-12-31 | CN¥1.36 | CN¥35.52 | x |
| 2017-12-31 | CN¥2.23 | CN¥35.52 | x |
| 2018-12-31 | CN¥2.43 | CN¥35.52 | x |
| 2019-12-31 | CN¥2.66 | CN¥35.52 | x |
| 2020-12-31 | CN¥6.28 | CN¥35.52 | x |
| 2021-12-31 | CN¥6.49 | CN¥35.52 | x |
| 2022-12-31 | CN¥6.55 | CN¥35.52 | x |
| 2023-12-31 | CN¥6.80 | CN¥35.52 | x |
| 2024-12-31 | CN¥5.37 | CN¥35.52 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shanghai AtHub 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): 4.10%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.68%
- • Asset Turnover: 0.23x
- • Equity Multiplier: 2.29x
- Recent ROE (4.10%) is below the historical average (15.74%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 21.09% | 9.77% | 0.64x | 3.37x | CN¥3.30 Million |
| 2012 | 37.82% | 17.26% | 0.26x | 8.43x | CN¥13.30 Million |
| 2013 | 41.06% | 16.64% | 0.34x | 7.27x | CN¥25.18 Million |
| 2014 | 22.28% | 20.77% | 0.43x | 2.49x | CN¥32.57 Million |
| 2015 | 21.39% | 21.32% | 0.36x | 2.78x | CN¥38.41 Million |
| 2016 | 18.83% | 19.27% | 0.34x | 2.84x | CN¥36.67 Million |
| 2017 | 12.83% | 22.09% | 0.31x | 1.89x | CN¥25.37 Million |
| 2018 | 14.25% | 15.70% | 0.34x | 2.65x | CN¥42.62 Million |
| 2019 | 10.05% | 15.18% | 0.19x | 3.40x | CN¥506.58K |
| 2020 | 4.72% | 14.99% | 0.12x | 2.65x | CN¥-152.80 Million |
| 2021 | 4.07% | 9.76% | 0.15x | 2.76x | CN¥-177.33 Million |
| 2022 | 3.90% | 8.07% | 0.20x | 2.47x | CN¥-184.14 Million |
| 2023 | 3.93% | 7.97% | 0.22x | 2.24x | CN¥-190.02 Million |
| 2024 | 4.10% | 7.68% | 0.23x | 2.29x | CN¥-190.26 Million |
Industry Comparison
This section compares Shanghai AtHub Co Ltd's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $1,406,142,259
- Average return on equity (ROE) among peers: 7.27%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shanghai AtHub Co Ltd (603881) | CN¥3.30 Billion | 21.09% | 1.43x | $1.96 Billion |
| ZJBC Information Technology Co Ltd (000889) | $2.34 Billion | 0.86% | 0.59x | $286.23 Million |
| Yunnan Nantian Electronics Information Co Ltd (000948) | $544.17 Million | 2.19% | 1.16x | $554.08 Million |
| Guomai Technologies Inc (002093) | $128.76 Million | 18.12% | 0.86x | $675.52 Million |
| Shanghai HiTech Control System (002184) | $597.99 Million | 8.70% | 0.45x | $320.48 Million |
| SZZT Electronics Co Ltd (002197) | $1.08 Billion | 5.10% | 0.54x | $534.28 Million |
| Talkweb Information System Co Ltd (002261) | $2.58 Billion | -3.89% | 1.09x | $5.05 Billion |
| Westone Information Industry Inc (002268) | $615.76 Million | 14.05% | 0.27x | $1.36 Billion |
| Taiji Computer Corp Ltd (002368) | $3.42 Billion | 9.80% | 2.11x | $1.05 Billion |
| Shenzhen Das Intellitech Co Ltd (002421) | $118.90 Million | 16.46% | 0.87x | $668.47 Million |
| Ronglian Group Ltd (002642) | $2.63 Billion | 1.35% | 0.41x | $574.03 Million |