Shanghai Sanyou Medical Co Ltd

SHG:688085 China Medical Devices
Market Cap
$931.23 Million
CN¥6.83 Billion CNY
Market Cap Rank
#9644 Global
#2030 in China
Share Price
CN¥20.49
Change (1 day)
-1.87%
52-Week Range
CN¥16.27 - CN¥25.70
All Time High
CN¥70.68
About

Shanghai Sanyou Medical Co., Ltd. researches, develops, manufactures, and sells orthopedics implants in China. The company offers spinal and trauma implants under Tytus and Sanyou brand. Its spinal products comprise anterior cervical plate, anterior thoracolumbar, posterior cervical, posterior thoracolumbar, and minimally invasive products; and trauma implants, including shoulder and elbow system… Read more

Shanghai Sanyou Medical Co Ltd (688085) - Net Assets

Latest net assets as of September 2025: CN¥2.10 Billion CNY

Based on the latest financial reports, Shanghai Sanyou Medical Co Ltd (688085) has net assets worth CN¥2.10 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¥2.34 Billion) and total liabilities (CN¥247.79 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¥2.10 Billion
% of Total Assets 89.43%
Annual Growth Rate 37.73%
5-Year Change 33.52%
10-Year Change N/A
Growth Volatility 79.08

Shanghai Sanyou Medical Co Ltd - Net Assets Trend (2016–2024)

This chart illustrates how Shanghai Sanyou Medical 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 Sanyou Medical Co Ltd (2016–2024)

The table below shows the annual net assets of Shanghai Sanyou Medical Co Ltd from 2016 to 2024.

Year Net Assets Change
2024-12-31 CN¥2.05 Billion +0.30%
2023-12-31 CN¥2.04 Billion +6.78%
2022-12-31 CN¥1.91 Billion +10.18%
2021-12-31 CN¥1.74 Billion +13.15%
2020-12-31 CN¥1.53 Billion +250.48%
2019-12-31 CN¥437.81 Million +28.67%
2018-12-31 CN¥340.24 Million +17.71%
2017-12-31 CN¥289.06 Million +82.73%
2016-12-31 CN¥158.19 Million --

Equity Component Analysis

This analysis shows how different components contribute to Shanghai Sanyou Medical 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 26470.3% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥572.18 Million 29.93%
Common Stock CN¥248.45 Million 13.00%
Other Comprehensive Income CN¥80.60 Million 4.22%
Other Components CN¥1.01 Billion 52.86%
Total Equity CN¥1.91 Billion 100.00%

Shanghai Sanyou Medical Co Ltd Competitors by Market Cap

The table below lists competitors of Shanghai Sanyou Medical Co Ltd ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,916,191,204 to 1,911,797,444, a change of -4,393,760 (-0.2%).
  • Net income of 11,468,618 contributed positively to equity growth.
  • Dividend payments of 22,650,683 reduced retained earnings.
  • Other comprehensive income increased equity by 80,494,620.
  • Other factors decreased equity by 73,706,315.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥11.47 Million +0.6%
Dividends Paid CN¥22.65 Million -1.18%
Other Comprehensive Income CN¥80.49 Million +4.21%
Other Changes CN¥-73.71 Million -3.86%
Total Change CN¥- -0.23%

Book Value vs Market Value Analysis

This analysis compares Shanghai Sanyou Medical 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: 2.91x
  • 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 29.43x to 2.91x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2016-12-31 CN¥0.70 CN¥20.49 x
2017-12-31 CN¥1.53 CN¥20.49 x
2018-12-31 CN¥1.51 CN¥20.49 x
2019-12-31 CN¥1.97 CN¥20.49 x
2020-12-31 CN¥5.62 CN¥20.49 x
2021-12-31 CN¥5.69 CN¥20.49 x
2022-12-31 CN¥6.19 CN¥20.49 x
2023-12-31 CN¥6.35 CN¥20.49 x
2024-12-31 CN¥7.05 CN¥20.49 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shanghai Sanyou Medical 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): 0.60%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 2.53%
  • • Asset Turnover: 0.20x
  • • Equity Multiplier: 1.21x
  • Recent ROE (0.60%) is below the historical average (8.79%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2016 1.98% 4.16% 0.42x 1.12x CN¥-12.69 Million
2017 1.80% 3.72% 0.42x 1.16x CN¥-23.71 Million
2018 18.25% 27.95% 0.57x 1.14x CN¥28.09 Million
2019 22.34% 27.61% 0.64x 1.26x CN¥54.04 Million
2020 7.73% 30.37% 0.23x 1.09x CN¥-34.88 Million
2021 11.05% 31.41% 0.30x 1.18x CN¥17.78 Million
2022 10.37% 29.39% 0.30x 1.19x CN¥6.84 Million
2023 4.99% 21.04% 0.20x 1.18x CN¥-96.04 Million
2024 0.60% 2.53% 0.20x 1.21x CN¥-179.71 Million

Industry Comparison

This section compares Shanghai Sanyou Medical Co Ltd's net assets metrics with peer companies in the Medical Devices industry.

Industry Context

  • Industry: Medical Devices
  • Average net assets among peers: $2,121,810,098
  • Average return on equity (ROE) among peers: 128.89%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shanghai Sanyou Medical Co Ltd (688085) CN¥2.10 Billion 1.98% 0.12x $567.57 Million
Shanghai Kehua Bio-Engineering Co Ltd (002022) $1.03 Billion 22.10% 0.17x $320.58 Million
Jiangsu Yuyue Medical Equipment & Supply Co Ltd (002223) $6.16 Billion 12.22% 0.29x $2.80 Billion
Double Medical Technology Inc (002901) $3.11 Billion 2.98% 0.27x $405.66 Million
Wuhan Easy Diagnosis Biomedicine Co Ltd Class A (002932) $21.45K 1180.66% 90.26x $283.55 Million
Lepu Medical Tech Beijing (300003) $7.03 Billion 12.79% 0.82x $2.80 Billion
INKON Life Technology Co Ltd (300143) $74.89 Million 13.27% 0.87x $630.90 Million
Edan Instruments Inc (300206) $152.19 Million 30.16% 0.31x $509.86 Million
Guangdong Biolight Meditech Co Ltd (300246) $1.29 Billion -5.53% 0.94x $378.42 Million
Beijing Leadman Biochemistry Co Ltd (300289) $1.44 Billion 2.82% 0.20x $269.46 Million
Sinocare Inc (300298) $946.01 Million 17.47% 0.11x $952.60 Million