Shanghai Medicilon Inc

SHG:688202 China Biotechnology
Market Cap
$1.19 Billion
CN¥8.71 Billion CNY
Market Cap Rank
#8582 Global
#1647 in China
Share Price
CN¥64.84
Change (1 day)
-6.10%
52-Week Range
CN¥26.65 - CN¥81.10
All Time High
CN¥394.88
About

Shanghai Medicilon Inc., a contract research organization, provides drug discovery and development services to pharmaceutical and biotechnology companies in China and internationally. The company operates in Drug Discovery and Pharmaceutical Research, and Preclinical Research segments. It offers medicinal and analytical chemistry; process development; custom and zoom in synthesis; structural, in … Read more

Shanghai Medicilon Inc (688202) - Net Assets

Latest net assets as of June 2025: CN¥2.08 Billion CNY

Based on the latest financial reports, Shanghai Medicilon Inc (688202) has net assets worth CN¥2.08 Billion CNY as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.83 Billion) and total liabilities (CN¥749.64 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¥2.08 Billion
% of Total Assets 73.55%
Annual Growth Rate 31.04%
5-Year Change 88.45%
10-Year Change N/A
Growth Volatility 58.71

Shanghai Medicilon Inc - Net Assets Trend (2016–2024)

This chart illustrates how Shanghai Medicilon Inc'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 Medicilon Inc (2016–2024)

The table below shows the annual net assets of Shanghai Medicilon Inc from 2016 to 2024.

Year Net Assets Change
2024-12-31 CN¥2.14 Billion -14.76%
2023-12-31 CN¥2.51 Billion +56.65%
2022-12-31 CN¥1.60 Billion +20.74%
2021-12-31 CN¥1.33 Billion +16.89%
2020-12-31 CN¥1.14 Billion +13.50%
2019-12-31 CN¥1.00 Billion +187.62%
2018-12-31 CN¥347.89 Million +21.08%
2017-12-31 CN¥287.32 Million +16.75%
2016-12-31 CN¥246.09 Million --

Equity Component Analysis

This analysis shows how different components contribute to Shanghai Medicilon Inc'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 5567.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥359.54 Million 16.80%
Other Components CN¥1.78 Billion 83.20%
Total Equity CN¥2.14 Billion 100.00%

Shanghai Medicilon Inc Competitors by Market Cap

The table below lists competitors of Shanghai Medicilon Inc ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 2,510,779,364 to 2,140,157,223, a change of -370,622,141 (-14.8%).
  • Net loss of 330,845,822 reduced equity.
  • Dividend payments of 6,974,697 reduced retained earnings.
  • Other factors decreased equity by 32,801,622.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-330.85 Million -15.46%
Dividends Paid CN¥6.97 Million -0.33%
Other Changes CN¥-32.80 Million -1.53%
Total Change CN¥- -14.76%

Book Value vs Market Value Analysis

This analysis compares Shanghai Medicilon Inc'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: 4.08x
  • 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 10.64x to 4.08x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2017-12-31 CN¥6.10 CN¥64.84 x
2018-12-31 CN¥7.36 CN¥64.84 x
2019-12-31 CN¥16.02 CN¥64.84 x
2020-12-31 CN¥18.12 CN¥64.84 x
2021-12-31 CN¥21.38 CN¥64.84 x
2022-12-31 CN¥18.42 CN¥64.84 x
2023-12-31 CN¥18.64 CN¥64.84 x
2024-12-31 CN¥15.89 CN¥64.84 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shanghai Medicilon Inc 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): -15.46%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -31.88%
  • • Asset Turnover: 0.37x
  • • Equity Multiplier: 1.32x
  • Recent ROE (-15.46%) is below the historical average (10.45%), 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 17.85% 18.68% 0.67x 1.42x CN¥19.08 Million
2017 14.69% 16.70% 0.64x 1.37x CN¥13.28 Million
2018 17.75% 18.70% 0.69x 1.38x CN¥26.53 Million
2019 6.70% 14.81% 0.40x 1.14x CN¥-32.73 Million
2020 11.52% 19.43% 0.49x 1.21x CN¥17.06 Million
2021 21.26% 24.18% 0.65x 1.35x CN¥149.47 Million
2022 21.10% 20.39% 0.71x 1.45x CN¥177.96 Million
2023 -1.32% -2.43% 0.42x 1.30x CN¥-284.29 Million
2024 -15.46% -31.88% 0.37x 1.32x CN¥-544.86 Million

Industry Comparison

This section compares Shanghai Medicilon Inc's net assets metrics with peer companies in the Biotechnology industry.

Industry Context

  • Industry: Biotechnology
  • Average net assets among peers: $1,043,310,248
  • Average return on equity (ROE) among peers: 14.20%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shanghai Medicilon Inc (688202) CN¥2.08 Billion 17.85% 0.36x $730.34 Million
Shenzhen CAU Technology Co Ltd (000004) $124.02 Million 4.50% 1.13x $80.66 Million
Pacific Shuanglin Bio pharmacy Co Ltd (000403) $525.49 Million 14.76% 1.41x $1.02 Billion
Nanhua Bio Medicine Co Ltd (000504) $174.34 Million 36.11% 1.61x $288.51 Million
Jiangsu Sihuan Bioengineering Co Ltd (000518) $642.80 Million -4.58% 0.44x $244.62 Million
Chengzhi Shareholding Co Ltd (000990) $1.69 Billion 3.06% 0.97x $850.04 Million
Hualan Biological EngineeringInc (002007) $1.86 Billion 32.78% 0.08x $2.00 Billion
Da An Gene Co Ltd of Sun Yat-Sen University (002030) $2.09 Billion 4.42% 0.71x $784.18 Million
Shanghai RAAS Blood Products Co Ltd Class A (002252) $831.21 Million 22.32% 0.12x $3.76 Billion
Baolingbao Biology Co Ltd (002286) $2.04 Billion 5.44% 0.31x $398.99 Million
Tibet Cheezheng Tibetan Medicine Co Ltd (002287) $456.61 Million 23.20% 0.29x $347.95 Million