Shanghai Chengdi Constr Co

SHG:603887 China Engineering & Construction
Market Cap
$1.37 Billion
CN¥10.05 Billion CNY
Market Cap Rank
#7036 Global
#1154 in China
Share Price
CN¥16.70
Change (1 day)
-6.13%
52-Week Range
CN¥13.41 - CN¥21.53
All Time High
CN¥30.53
About

Shanghai CDXJ Digital Technology Co.,Ltd, together with its subsidiaries, provides internet data center services in China. It operates in two segments, IDC Investment and Operation Services and IDC Comprehensive Solutions. The company offers high and low voltage cabinets, precision power distribution cabinets, intelligent data busbars, micromodules cabinets and cold aisles, and structured cabling… Read more

Shanghai Chengdi Constr Co (603887) - Net Assets

Latest net assets as of September 2025: CN¥3.57 Billion CNY

Based on the latest financial reports, Shanghai Chengdi Constr Co (603887) has net assets worth CN¥3.57 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¥13.21 Billion) and total liabilities (CN¥9.64 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¥3.57 Billion
% of Total Assets 27.02%
Annual Growth Rate 28.91%
5-Year Change -12.44%
10-Year Change 910.68%
Growth Volatility 75.78

Shanghai Chengdi Constr Co - Net Assets Trend (2011–2024)

This chart illustrates how Shanghai Chengdi Constr Co'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 Chengdi Constr Co (2011–2024)

The table below shows the annual net assets of Shanghai Chengdi Constr Co from 2011 to 2024.

Year Net Assets Change
2024-12-31 CN¥3.55 Billion +27.05%
2023-12-31 CN¥2.80 Billion -18.19%
2022-12-31 CN¥3.42 Billion +0.10%
2021-12-31 CN¥3.41 Billion -15.84%
2020-12-31 CN¥4.06 Billion +22.29%
2019-12-31 CN¥3.32 Billion +285.50%
2018-12-31 CN¥860.42 Million +14.10%
2017-12-31 CN¥754.08 Million +10.42%
2016-12-31 CN¥682.91 Million +94.33%
2015-12-31 CN¥351.42 Million +18.94%
2014-12-31 CN¥295.46 Million +20.14%
2013-12-31 CN¥245.93 Million +22.52%
2012-12-31 CN¥200.72 Million +53.54%
2011-12-31 CN¥130.72 Million --

Equity Component Analysis

This analysis shows how different components contribute to Shanghai Chengdi Constr Co'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 decreased by 1606.5% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥608.94 Million 17.15%
Other Components CN¥3.60 Billion 101.49%
Total Equity CN¥3.55 Billion 100.00%

Shanghai Chengdi Constr Co Competitors by Market Cap

The table below lists competitors of Shanghai Chengdi Constr Co ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 2,795,579,211 to 3,551,729,460, a change of 756,150,249 (27.0%).
  • Net loss of 344,843,715 reduced equity.
  • Dividend payments of 58,788,384 reduced retained earnings.
  • Other factors increased equity by 1,159,782,348.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-344.84 Million -9.71%
Dividends Paid CN¥58.79 Million -1.66%
Other Changes CN¥1.16 Billion +32.65%
Total Change CN¥- 27.05%

Book Value vs Market Value Analysis

This analysis compares Shanghai Chengdi Constr Co'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: 2.33x
  • 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 21.60x to 2.33x 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¥0.77 CN¥16.70 x
2012-12-31 CN¥1.19 CN¥16.70 x
2013-12-31 CN¥1.43 CN¥16.70 x
2014-12-31 CN¥1.70 CN¥16.70 x
2015-12-31 CN¥2.03 CN¥16.70 x
2016-12-31 CN¥3.62 CN¥16.70 x
2017-12-31 CN¥3.25 CN¥16.70 x
2018-12-31 CN¥3.55 CN¥16.70 x
2019-12-31 CN¥7.44 CN¥16.70 x
2020-12-31 CN¥9.04 CN¥16.70 x
2021-12-31 CN¥7.57 CN¥16.70 x
2022-12-31 CN¥7.58 CN¥16.70 x
2023-12-31 CN¥6.20 CN¥16.70 x
2024-12-31 CN¥7.18 CN¥16.70 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shanghai Chengdi Constr Co 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): -9.71%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -21.27%
  • • Asset Turnover: 0.20x
  • • Equity Multiplier: 2.25x
  • Recent ROE (-9.71%) is below the historical average (6.34%), 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 25.73% 10.56% 1.09x 2.24x CN¥20.57 Million
2012 17.91% 9.13% 1.02x 1.93x CN¥15.87 Million
2013 18.38% 8.90% 0.96x 2.15x CN¥20.62 Million
2014 16.76% 8.87% 0.91x 2.08x CN¥19.99 Million
2015 15.92% 10.07% 0.80x 1.97x CN¥20.82 Million
2016 8.10% 9.79% 0.55x 1.50x CN¥-12.95 Million
2017 8.80% 8.17% 0.66x 1.63x CN¥-9.02 Million
2018 8.39% 5.73% 0.75x 1.96x CN¥-13.86 Million
2019 10.00% 11.33% 0.46x 1.92x CN¥39.16K
2020 9.68% 9.98% 0.46x 2.12x CN¥-12.95 Million
2021 -17.73% -20.82% 0.38x 2.26x CN¥-946.62 Million
2022 0.03% 0.04% 0.32x 2.48x CN¥-340.60 Million
2023 -23.48% -26.98% 0.33x 2.64x CN¥-935.84 Million
2024 -9.71% -21.27% 0.20x 2.25x CN¥-700.02 Million

Industry Comparison

This section compares Shanghai Chengdi Constr Co's net assets metrics with peer companies in the Engineering & Construction industry.

Industry Context

  • Industry: Engineering & Construction
  • Average net assets among peers: $2,293,171,469
  • Average return on equity (ROE) among peers: -19.57%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shanghai Chengdi Constr Co (603887) CN¥3.57 Billion 25.73% 2.70x $1.08 Billion
Shenzhen Ecobeauty Co Ltd (000010) $2.21 Billion 1.80% 1.20x $542.14 Million
Shenzhen Sed Industry Co Ltd (000032) $273.69 Million 5.51% 1.09x $1.18 Billion
NORINCO International Cooperation Ltd (000065) $10.22 Billion 10.27% 1.39x $959.60 Million
Shenzhen Tagen Group Co Ltd (000090) $1.08 Billion 6.39% 1.55x $602.43 Million
Shandong Hi-Speed Road&Bridge (000498) $433.84 Million -22.79% 2.88x $597.20 Million
Jinyuan Cement Co Ltd (000546) $4.61 Billion 0.86% 0.22x $312.99 Million
Hunan Investment Group Co Ltd (000548) $1.41 Billion 7.29% 0.50x $259.03 Million
ChengDu Hi-Tech Development Co Ltd (000628) $134.20 Million -202.04% 12.95x $1.18 Billion
Gansu Engineering Consulting Group Co Ltd (000779) $307.94 Million -4.18% 0.33x $300.46 Million
Hainan Expressway Co Ltd (000886) $2.26 Billion 1.18% 0.16x $593.20 Million