Shanghai Originaldow Advanced Net Assets
Shanghai Originaldow Advanced net assets. Based on the latest financial reports, Shanghai Originaldow Advanced (603991) has net assets worth CN¥3.54 Billion CNY (≈ $517.67 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¥4.81 Billion ≈ $704.42 Million USD) and total liabilities (CN¥1.28 Billion ≈ $186.75 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 Shanghai Originaldow Advanced net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.54 Billion |
| % of Total Assets | 73.49% |
| Annual Growth Rate | 36.97% |
| 5-Year Change | 1008.77% |
| 10-Year Change | 1330.53% |
| Growth Volatility | 317.72 |
Net Assets of Shanghai Originaldow Advanced (2012–2025)
Net assets of Shanghai Originaldow Advanced from 2012 to 2025. This chart illustrates how Shanghai Originaldow Advanced's net assets have evolved over time, based on quarterly financial data. See 603991 equity financing ratio to measure how much of total assets are equity-financed.
Annual Net Assets for Shanghai Originaldow Advanced (2012–2025)
The table below shows the annual net assets of Shanghai Originaldow Advanced from 2012 to 2025. For live market cap and overall valuation, see market cap of Shanghai Originaldow Advanced.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥3.52 Billion ≈ $515.27 Million |
+1188.86% |
| 2024-12-31 | CN¥273.21 Million ≈ $39.98 Million |
-6.13% |
| 2023-12-31 | CN¥291.06 Million ≈ $42.59 Million |
-3.23% |
| 2022-12-31 | CN¥300.77 Million ≈ $44.01 Million |
-5.30% |
| 2021-12-31 | CN¥317.59 Million ≈ $46.47 Million |
-14.40% |
| 2020-12-31 | CN¥371.02 Million ≈ $54.29 Million |
-11.47% |
| 2019-12-31 | CN¥419.09 Million ≈ $61.33 Million |
-14.13% |
| 2018-12-31 | CN¥488.07 Million ≈ $71.42 Million |
+5.80% |
| 2017-12-31 | CN¥461.32 Million ≈ $67.51 Million |
+87.41% |
| 2016-12-31 | CN¥246.15 Million ≈ $36.02 Million |
+17.95% |
| 2015-12-31 | CN¥208.70 Million ≈ $30.54 Million |
+19.23% |
| 2014-12-31 | CN¥175.03 Million ≈ $25.61 Million |
+250.40% |
| 2013-12-31 | CN¥49.95 Million ≈ $7.31 Million |
-15.33% |
| 2012-12-31 | CN¥59.00 Million ≈ $8.63 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Shanghai Originaldow Advanced'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 1047.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Shanghai Originaldow Advanced Net Assets Breakdown (December 2025)
Shanghai Originaldow Advanced net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥3.66 Billion | 104.58% |
| Total Equity | CN¥3.50 Billion | 100.00% |
Shanghai Originaldow Advanced Competitors by Market Cap
The table below lists competitors of Shanghai Originaldow Advanced ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Krungthai Card PCL
BK:KTC
|
$2.81 Billion |
|
Krungthai Card Public Company Limited
BK:KTC-R
|
$2.81 Billion |
|
Momentum Metropolitan Holdings Ltd
JSE:MTM
|
$2.81 Billion |
|
HLB Co. Ltd
KQ:028300
|
$2.81 Billion |
|
Motherson Sumi Wiring India Limited
NSE:MSUMI
|
$2.81 Billion |
|
AUB Group Ltd
AU:AUB
|
$2.80 Billion |
|
The New India Assurance Company Limited
NSE:NIACL
|
$2.80 Billion |
|
JOYY Inc
NASDAQ:JOYY
|
$2.80 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shanghai Originaldow Advanced's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 225,808,051 to 3,497,357,471, a change of 3,271,549,420 (1448.8%).
- Net loss of 45,839,746 reduced equity.
- Dividend payments of 16,038,581 reduced retained earnings.
- Other comprehensive income decreased equity by 17,336,477.
- Other factors increased equity by 3,350,764,224.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-45.84 Million | -1.31% |
| Dividends Paid | CN¥16.04 Million | -0.46% |
| Other Comprehensive Income | CN¥-17.34 Million | -0.5% |
| Other Changes | CN¥3.35 Billion | +95.81% |
| Total Change | CN¥- | 1448.82% |
Book Value vs Market Value Analysis
This analysis compares Shanghai Originaldow Advanced'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: 2.89x
- 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 82.76x to 2.89x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | CN¥1.52 | CN¥125.66 | x |
| 2013-12-31 | CN¥1.29 | CN¥125.66 | x |
| 2014-12-31 | CN¥4.25 | CN¥125.66 | x |
| 2015-12-31 | CN¥3.72 | CN¥125.66 | x |
| 2016-12-31 | CN¥4.40 | CN¥125.66 | x |
| 2017-12-31 | CN¥6.56 | CN¥125.66 | x |
| 2018-12-31 | CN¥6.56 | CN¥125.66 | x |
| 2019-12-31 | CN¥5.66 | CN¥125.66 | x |
| 2020-12-31 | CN¥5.02 | CN¥125.66 | x |
| 2021-12-31 | CN¥4.26 | CN¥125.66 | x |
| 2022-12-31 | CN¥4.03 | CN¥125.66 | x |
| 2023-12-31 | CN¥3.44 | CN¥125.66 | x |
| 2024-12-31 | CN¥3.03 | CN¥125.66 | x |
| 2025-12-31 | CN¥43.49 | CN¥125.66 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shanghai Originaldow Advanced 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): -1.31%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -8.24%
- • Asset Turnover: 0.10x
- • Equity Multiplier: 1.52x
- Recent ROE (-1.31%) is below the historical average (3.12%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 19.10% | 7.35% | 0.96x | 2.72x | CN¥5.37 Million |
| 2013 | 41.95% | 9.57% | 1.07x | 4.11x | CN¥15.96 Million |
| 2014 | 17.19% | 11.04% | 0.92x | 1.70x | CN¥12.58 Million |
| 2015 | 16.13% | 11.19% | 0.76x | 1.89x | CN¥12.79 Million |
| 2016 | 15.22% | 10.67% | 0.75x | 1.89x | CN¥12.84 Million |
| 2017 | 8.23% | 8.88% | 0.65x | 1.42x | CN¥-8.17 Million |
| 2018 | 7.01% | 6.00% | 0.70x | 1.67x | CN¥-14.60 Million |
| 2019 | -13.61% | -12.35% | 0.67x | 1.65x | CN¥-98.96 Million |
| 2020 | -12.96% | -15.44% | 0.54x | 1.54x | CN¥-85.18 Million |
| 2021 | -16.82% | -41.70% | 0.30x | 1.35x | CN¥-85.19 Million |
| 2022 | -5.59% | -12.99% | 0.32x | 1.34x | CN¥-46.90 Million |
| 2023 | -17.33% | -18.55% | 0.40x | 2.34x | CN¥-70.06 Million |
| 2024 | -13.52% | -8.38% | 0.57x | 2.82x | CN¥-53.11 Million |
| 2025 | -1.31% | -8.24% | 0.10x | 1.52x | CN¥-395.58 Million |
Industry Comparison
This section compares Shanghai Originaldow Advanced's net assets metrics with peer companies in the Semiconductor Equipment & Materials industry.
Industry Context
- Industry: Semiconductor Equipment & Materials
- Average net assets among peers: $7,672,051,902
- Average return on equity (ROE) among peers: 11.29%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shanghai Originaldow Advanced (603991) | CN¥3.54 Billion | 19.10% | 0.36x | $2.81 Billion |
| TCL Corp (000100) | $18.09 Billion | 2.39% | 1.96x | $14.68 Billion |
| TCL Zhonghuan Renewable Energy Technology Co Ltd (002129) | $28.08 Billion | 3.88% | 1.10x | $5.55 Billion |
| TongFu Microelectronics Co Ltd (002156) | $222.39 Million | 16.98% | 3.34x | $9.76 Billion |
| Tianshui Huatian Technology Co Ltd (002185) | $279.37 Million | 22.06% | 1.27x | $7.00 Billion |
| NAURA Technology Group Co Ltd (002371) | $24.82 Billion | 15.71% | 1.16x | $59.47 Billion |
| Jiangsu Yoke Technology Co Ltd (002409) | $79.74 Million | 21.22% | 1.50x | $5.97 Billion |
| Guangdong Huafeng New Energy Technology Co Ltd (002806) | $184.55 Million | 13.53% | 1.17x | $372.49 Million |
| Zhejiang Mtcn Technology Co Ltd (003026) | $43.88 Million | -13.90% | 0.55x | $495.05 Million |
| Hubei Tech Semiconductors Co (300046) | $145.50 Million | 25.47% | 0.37x | $746.93 Million |
| Shanghai Sinyang Semiconductor (300236) | $4.77 Billion | 5.57% | 0.29x | $3.49 Billion |
About Shanghai Originaldow Advanced
Shenzhen Original Advanced Compounds Co., Ltd. engages in the research and development, production, and sale of polymer materials in the China and internationally. The company provides polyolefin polymer materials for optical communication cables and optical cables, as well as electrical equipment wires; and insulating polymer materials for power cables in power grid systems. It also offers semic… Read more