Shanghai Golden Bridge
Shanghai Golden Bridge InfoTech Co.,Ltd provides smart space information solutions and services in China. The company offers smart scene solutions, smart building solutions and big data solutions. It also involved in the procurement and sale of conference systems, intelligent court systems, emergency command systems, and other products; technical research and development of computer hardware and … Read more
Shanghai Golden Bridge (603918) - Net Assets
Latest net assets as of September 2025: CN¥997.72 Million CNY
Based on the latest financial reports, Shanghai Golden Bridge (603918) has net assets worth CN¥997.72 Million 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¥1.44 Billion) and total liabilities (CN¥445.81 Million). 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¥997.72 Million |
| % of Total Assets | 69.12% |
| Annual Growth Rate | 14.81% |
| 5-Year Change | 47.28% |
| 10-Year Change | 129.57% |
| Growth Volatility | 22.12 |
Shanghai Golden Bridge - Net Assets Trend (2011–2024)
This chart illustrates how Shanghai Golden Bridge'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 Golden Bridge (2011–2024)
The table below shows the annual net assets of Shanghai Golden Bridge from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.06 Billion | -4.78% |
| 2023-12-31 | CN¥1.12 Billion | +3.51% |
| 2022-12-31 | CN¥1.08 Billion | -4.26% |
| 2021-12-31 | CN¥1.13 Billion | +56.07% |
| 2020-12-31 | CN¥722.96 Million | +13.00% |
| 2019-12-31 | CN¥639.77 Million | +11.67% |
| 2018-12-31 | CN¥572.94 Million | +11.30% |
| 2017-12-31 | CN¥514.77 Million | +6.87% |
| 2016-12-31 | CN¥481.68 Million | +3.85% |
| 2015-12-31 | CN¥463.82 Million | +74.70% |
| 2014-12-31 | CN¥265.49 Million | +11.90% |
| 2013-12-31 | CN¥237.26 Million | +12.92% |
| 2012-12-31 | CN¥210.12 Million | +18.86% |
| 2011-12-31 | CN¥176.79 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shanghai Golden Bridge'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 488.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥272.20 Million | 25.51% |
| Common Stock | CN¥366.52 Million | 34.35% |
| Other Comprehensive Income | CN¥455.11K | 0.04% |
| Other Components | CN¥427.90 Million | 40.10% |
| Total Equity | CN¥1.07 Billion | 100.00% |
Shanghai Golden Bridge Competitors by Market Cap
The table below lists competitors of Shanghai Golden Bridge ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
China World Trade Center Co Ltd
SHG:600007
|
$517.22 Million |
|
Bar Harbor Bankshares Inc
NYSE MKT:BHB
|
$517.25 Million |
|
Deep Yellow Ltd
OTCQX:DYLLF
|
$517.38 Million |
|
Zhejiang Semir Garment Co Ltd
SHE:002563
|
$517.45 Million |
|
Golden Entertainment Inc
NASDAQ:GDEN
|
$517.17 Million |
|
PAR Technology Corporation
NYSE:PAR
|
$517.02 Million |
|
Koza Anadolu Metal Madencilik Isletmeleri AS
IS:KOZAA
|
$516.98 Million |
|
Salvatore Ferragamo S.p.A
PINK:SFRGF
|
$516.81 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shanghai Golden Bridge's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,120,497,486 to 1,067,073,661, a change of -53,423,825 (-4.8%).
- Net loss of 60,834,976 reduced equity.
- Dividend payments of 14,774,264 reduced retained earnings.
- Share repurchases of 2,543,150 reduced equity.
- Other comprehensive income increased equity by 108,486.
- Other factors increased equity by 24,620,079.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-60.83 Million | -5.7% |
| Dividends Paid | CN¥14.77 Million | -1.38% |
| Share Repurchases | CN¥2.54 Million | -0.24% |
| Other Comprehensive Income | CN¥108.49K | +0.01% |
| Other Changes | CN¥24.62 Million | +2.31% |
| Total Change | CN¥- | -4.77% |
Book Value vs Market Value Analysis
This analysis compares Shanghai Golden Bridge'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: 4.86x
- 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 18.23x to 4.86x 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¥0.80 | CN¥14.50 | x |
| 2012-12-31 | CN¥0.95 | CN¥14.50 | x |
| 2013-12-31 | CN¥1.06 | CN¥14.50 | x |
| 2014-12-31 | CN¥1.20 | CN¥14.50 | x |
| 2015-12-31 | CN¥1.79 | CN¥14.50 | x |
| 2016-12-31 | CN¥1.58 | CN¥14.50 | x |
| 2017-12-31 | CN¥1.75 | CN¥14.50 | x |
| 2018-12-31 | CN¥1.89 | CN¥14.50 | x |
| 2019-12-31 | CN¥2.08 | CN¥14.50 | x |
| 2020-12-31 | CN¥2.39 | CN¥14.50 | x |
| 2021-12-31 | CN¥3.18 | CN¥14.50 | x |
| 2022-12-31 | CN¥3.02 | CN¥14.50 | x |
| 2023-12-31 | CN¥3.06 | CN¥14.50 | x |
| 2024-12-31 | CN¥2.98 | CN¥14.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shanghai Golden Bridge 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): -5.70%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -8.70%
- • Asset Turnover: 0.44x
- • Equity Multiplier: 1.51x
- Recent ROE (-5.70%) is below the historical average (9.66%), 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 | 25.66% | 8.15% | 1.23x | 2.57x | CN¥27.69 Million |
| 2012 | 22.15% | 7.01% | 1.28x | 2.46x | CN¥25.52 Million |
| 2013 | 15.68% | 6.41% | 1.04x | 2.35x | CN¥13.48 Million |
| 2014 | 14.35% | 6.48% | 0.99x | 2.24x | CN¥11.56 Million |
| 2015 | 7.93% | 5.75% | 0.82x | 1.67x | CN¥-9.61 Million |
| 2016 | 5.99% | 4.93% | 0.73x | 1.67x | CN¥-19.30 Million |
| 2017 | 6.77% | 5.18% | 0.70x | 1.87x | CN¥-16.64 Million |
| 2018 | 8.94% | 6.15% | 0.72x | 2.02x | CN¥-6.07 Million |
| 2019 | 9.96% | 6.75% | 0.71x | 2.07x | CN¥-234.35K |
| 2020 | 12.25% | 8.82% | 0.73x | 1.91x | CN¥16.25 Million |
| 2021 | 7.87% | 7.90% | 0.65x | 1.53x | CN¥-23.99 Million |
| 2022 | 1.07% | 1.34% | 0.52x | 1.54x | CN¥-96.63 Million |
| 2023 | 2.29% | 2.75% | 0.56x | 1.48x | CN¥-86.43 Million |
| 2024 | -5.70% | -8.70% | 0.44x | 1.51x | CN¥-167.54 Million |
Industry Comparison
This section compares Shanghai Golden Bridge'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 Golden Bridge (603918) | CN¥997.72 Million | 25.66% | 0.45x | $517.22 Million |
| 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 |