WPG (Shanghai) Smart Water Public Co. Ltd Net Assets
WPG (Shanghai) Smart Water Public Co. Ltd net assets. Based on the latest financial reports, WPG (Shanghai) Smart Water Public Co. Ltd (603956) has net assets worth CN¥1.86 Billion CNY (≈ $272.73 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.11 Billion ≈ $454.61 Million USD) and total liabilities (CN¥1.24 Billion ≈ $181.88 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. Also explore 603956 shareholders equity momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.86 Billion |
| % of Total Assets | 59.99% |
| Annual Growth Rate | 21.2% |
| 5-Year Change | 44.21% |
| 10-Year Change | 209.84% |
| Growth Volatility | 30.12 |
Net Assets of WPG (Shanghai) Smart Water Public Co. Ltd (2014–2025)
Net assets of WPG (Shanghai) Smart Water Public Co. Ltd from 2014 to 2025. This chart illustrates how WPG (Shanghai) Smart Water Public Co. Ltd's net assets have evolved over time, based on quarterly financial data. See WPG (Shanghai) Smart Water Public Co. Lt balance sheet independence to measure how much of total assets are equity-financed.
Annual Net Assets for WPG (Shanghai) Smart Water Public Co. Ltd (2014–2025)
The table below shows the annual net assets of WPG (Shanghai) Smart Water Public Co. Ltd from 2014 to 2025. For live market cap and overall valuation, see how much is WPG (Shanghai) Smart Water Public Co. Lt worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.92 Billion ≈ $281.49 Million |
+11.48% |
| 2024-12-31 | CN¥1.73 Billion ≈ $252.50 Million |
-17.05% |
| 2023-12-31 | CN¥2.08 Billion ≈ $304.41 Million |
-1.61% |
| 2022-12-31 | CN¥2.11 Billion ≈ $309.38 Million |
+58.50% |
| 2021-12-31 | CN¥1.33 Billion ≈ $195.19 Million |
+1.02% |
| 2020-12-31 | CN¥1.32 Billion ≈ $193.23 Million |
+17.65% |
| 2019-12-31 | CN¥1.12 Billion ≈ $164.24 Million |
+32.88% |
| 2018-12-31 | CN¥844.65 Million ≈ $123.60 Million |
+15.87% |
| 2017-12-31 | CN¥728.98 Million ≈ $106.67 Million |
+17.42% |
| 2016-12-31 | CN¥620.85 Million ≈ $90.85 Million |
+97.50% |
| 2015-12-31 | CN¥314.36 Million ≈ $46.00 Million |
+35.52% |
| 2014-12-31 | CN¥231.96 Million ≈ $33.94 Million |
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Equity Component Analysis
This analysis shows how different components contribute to WPG (Shanghai) Smart Water Public 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 decreased by 174.9% over the analyzed period, potentially due to dividend distributions or operating losses.
WPG (Shanghai) Smart Water Public Co. Ltd Net Assets Breakdown (December 2025)
WPG (Shanghai) Smart Water Public Co. Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥2.03 Billion | 107.01% |
| Total Equity | CN¥1.90 Billion | 100.00% |
WPG (Shanghai) Smart Water Public Co. Ltd Competitors by Market Cap
The table below lists competitors of WPG (Shanghai) Smart Water Public Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Wuhan Hvsen Biotechnology Co Ltd
SHE:300871
|
$499.60 Million |
|
Shandong Shuangyi Technology Co Ltd
SHE:300690
|
$499.64 Million |
|
Shenyu Communication Technology Inc
SHE:300563
|
$499.73 Million |
|
Beijing Changjiu Logistics Ltd
SHG:603569
|
$499.85 Million |
|
Invesco Trust For Inv Grade Munis
NYSE:VGM
|
$499.48 Million |
|
Kambi Group PLC Series B
IL:0EAW
|
$499.45 Million |
|
Veken Elite
SHG:600152
|
$499.37 Million |
|
Greaves Cotton Limited
NSE:GREAVESCOT
|
$499.22 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in WPG (Shanghai) Smart Water Public Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,681,375,794 to 1,897,725,665, a change of 216,349,871 (12.9%).
- Net loss of 152,620,709 reduced equity.
- Dividend payments of 9,099,165 reduced retained earnings.
- Other comprehensive income decreased equity by 188,483,995.
- Other factors increased equity by 566,553,740.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-152.62 Million | -8.04% |
| Dividends Paid | CN¥9.10 Million | -0.48% |
| Other Comprehensive Income | CN¥-188.48 Million | -9.93% |
| Other Changes | CN¥566.55 Million | +29.85% |
| Total Change | CN¥- | 12.87% |
Book Value vs Market Value Analysis
This analysis compares WPG (Shanghai) Smart Water Public 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: 1.80x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.31x to 1.80x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | CN¥4.56 | CN¥5.99 | x |
| 2015-12-31 | CN¥0.93 | CN¥5.99 | x |
| 2016-12-31 | CN¥1.81 | CN¥5.99 | x |
| 2017-12-31 | CN¥1.86 | CN¥5.99 | x |
| 2018-12-31 | CN¥2.18 | CN¥5.99 | x |
| 2019-12-31 | CN¥2.70 | CN¥5.99 | x |
| 2020-12-31 | CN¥3.09 | CN¥5.99 | x |
| 2021-12-31 | CN¥3.06 | CN¥5.99 | x |
| 2022-12-31 | CN¥4.28 | CN¥5.99 | x |
| 2023-12-31 | CN¥4.35 | CN¥5.99 | x |
| 2024-12-31 | CN¥3.41 | CN¥5.99 | x |
| 2025-12-31 | CN¥3.33 | CN¥5.99 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently WPG (Shanghai) Smart Water Public 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): -8.04%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -13.15%
- • Asset Turnover: 0.38x
- • Equity Multiplier: 1.63x
- Recent ROE (-8.04%) is below the historical average (9.80%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 30.61% | 16.48% | 0.89x | 2.08x | CN¥47.00 Million |
| 2015 | 29.19% | 19.35% | 0.79x | 1.90x | CN¥60.52 Million |
| 2016 | 17.16% | 20.28% | 0.60x | 1.41x | CN¥44.38 Million |
| 2017 | 15.04% | 18.36% | 0.59x | 1.39x | CN¥36.49 Million |
| 2018 | 13.76% | 17.72% | 0.61x | 1.26x | CN¥31.58 Million |
| 2019 | 10.72% | 14.00% | 0.58x | 1.31x | CN¥8.11 Million |
| 2020 | 12.95% | 17.04% | 0.45x | 1.69x | CN¥38.95 Million |
| 2021 | 14.73% | 15.49% | 0.53x | 1.80x | CN¥62.87 Million |
| 2022 | -7.01% | -13.65% | 0.30x | 1.68x | CN¥-350.13 Million |
| 2023 | 1.15% | 1.65% | 0.42x | 1.65x | CN¥-179.57 Million |
| 2024 | -12.61% | -17.09% | 0.38x | 1.96x | CN¥-380.09 Million |
| 2025 | -8.04% | -13.15% | 0.38x | 1.63x | CN¥-342.39 Million |
Industry Comparison
This section compares WPG (Shanghai) Smart Water Public Co. Ltd's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $1,610,457,623
- Average return on equity (ROE) among peers: -20.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| WPG (Shanghai) Smart Water Public Co. Ltd (603956) | CN¥1.86 Billion | 30.61% | 0.67x | $499.54 Million |
| Huayi Compressor Co Ltd (000404) | $3.96 Billion | 2.45% | 1.52x | $646.72 Million |
| Shenyang Machine Tool Co Ltd (000410) | $347.22 Million | -208.15% | 15.00x | $2.26 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $362.41 Million | 3.17% | 0.33x | $2.79 Billion |
| Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) | $3.21 Billion | 1.93% | 1.36x | $757.23 Million |
| Changchai Co Ltd (000570) | $2.29 Billion | 2.29% | 0.72x | $399.26 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $1.83 Billion | 2.42% | 1.03x | $32.29 Million |
| Baota Industry Co Ltd (000595) | $369.61 Million | -32.34% | 1.35x | $779.79 Million |
| SUFA Technology Industry Co Ltd CNNC (000777) | $544.26 Million | 41.46% | 0.41x | $823.64 Million |
| J.S. Corrugating Machinery Co Ltd (000821) | $2.30 Billion | -22.46% | 1.14x | $579.69 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $873.67 Million | 7.43% | 0.68x | $1.40 Billion |
About WPG (Shanghai) Smart Water Public Co. Ltd
WPG (Shanghai) Smart Water Public Co.,Ltd. engages in water resources equipment manufacturing and sales in China. The company offers water plants, water management, rural water supply, direct drinking water, drainage, wastewater, engineering design and EPC, and water conservancy solutions, as well as secondary water supply, pump room component series, network metering series, water plant series, … Read more