Shanghai Conglin Environmental Protection Technology Co. Ltd. A (688370) - Net Assets
Based on the latest financial reports, Shanghai Conglin Environmental Protection Technology Co. Ltd. A (688370) has net assets worth CN¥2.62 Billion CNY (≈ $383.82 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.10 Billion ≈ $453.96 Million USD) and total liabilities (CN¥479.28 Million ≈ $70.13 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. Check Shanghai Conglin Environmental Protectio liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.62 Billion |
| % of Total Assets | 84.55% |
| Annual Growth Rate | 25.37% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 54.09 |
Shanghai Conglin Environmental Protection Technology Co. Ltd. A - Net Assets Trend (2020–2024)
This chart illustrates how Shanghai Conglin Environmental Protection Technology Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. Also explore 688370 asset base for the complete picture of this company's asset base.
Annual Net Assets for Shanghai Conglin Environmental Protection Technology Co. Ltd. A (2020–2024)
The table below shows the annual net assets of Shanghai Conglin Environmental Protection Technology Co. Ltd. A from 2020 to 2024. For live valuation and market cap data, see Shanghai Conglin Environmental Protectio (688370) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.67 Billion ≈ $390.10 Million |
-0.02% |
| 2023-12-31 | CN¥2.67 Billion ≈ $390.18 Million |
-8.00% |
| 2022-12-31 | CN¥2.90 Billion ≈ $424.11 Million |
+126.44% |
| 2021-12-31 | CN¥1.28 Billion ≈ $187.29 Million |
+18.62% |
| 2020-12-31 | CN¥1.08 Billion ≈ $157.90 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shanghai Conglin Environmental Protection Technology Co. Ltd. A'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 43.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥533.11 Million | 19.99% |
| Other Components | CN¥2.13 Billion | 80.01% |
| Total Equity | CN¥2.67 Billion | 100.00% |
Shanghai Conglin Environmental Protection Technology Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Shanghai Conglin Environmental Protection Technology Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BlackRock Health Sciences Trust
NYSE:BME
|
$509.08 Million |
|
Hubei Shuanghuan Science and Technology Stock Co Ltd
SHE:000707
|
$509.10 Million |
|
SEALSQ Corp
NASDAQ:LAES
|
$509.14 Million |
|
Duniec
TA:DUNI
|
$509.28 Million |
|
Hanssem
KO:009240
|
$508.49 Million |
|
F&F Holdings Co. Ltd
KO:007700
|
$508.36 Million |
|
Perfect Group Corp Ltd Class A
SHG:603059
|
$508.28 Million |
|
Neuropace Inc
NASDAQ:NPCE
|
$508.28 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shanghai Conglin Environmental Protection Technology Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,660,914,243 to 2,667,172,487, a change of 6,258,244 (0.2%).
- Net income of 90,020,759 contributed positively to equity growth.
- Dividend payments of 63,426,229 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥90.02 Million | +3.38% |
| Dividends Paid | CN¥63.43 Million | -2.38% |
| Other Changes | CN¥-20.34 Million | -0.76% |
| Total Change | CN¥- | 0.24% |
Book Value vs Market Value Analysis
This analysis compares Shanghai Conglin Environmental Protection Technology Co. Ltd. A'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: 1.30x
- 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 2.55x to 1.30x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | CN¥9.93 | CN¥25.36 | x |
| 2021-12-31 | CN¥11.86 | CN¥25.36 | x |
| 2022-12-31 | CN¥20.65 | CN¥25.36 | x |
| 2023-12-31 | CN¥19.24 | CN¥25.36 | x |
| 2024-12-31 | CN¥19.45 | CN¥25.36 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shanghai Conglin Environmental Protection Technology Co. Ltd. A 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): 3.38%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.12%
- • Asset Turnover: 0.19x
- • Equity Multiplier: 1.19x
- Recent ROE (3.38%) is below the historical average (10.14%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 22.47% | 34.57% | 0.37x | 1.77x | CN¥128.47 Million |
| 2021 | 15.38% | 28.39% | 0.31x | 1.77x | CN¥66.23 Million |
| 2022 | 6.13% | 23.87% | 0.20x | 1.31x | CN¥-110.69 Million |
| 2023 | 3.32% | 13.92% | 0.19x | 1.24x | CN¥-177.73 Million |
| 2024 | 3.38% | 15.12% | 0.19x | 1.19x | CN¥-176.70 Million |
Industry Comparison
This section compares Shanghai Conglin Environmental Protection Technology Co. Ltd. A's net assets metrics with peer companies in the Waste Management industry.
Industry Context
- Industry: Waste Management
- Average net assets among peers: $3,067,859,741
- Average return on equity (ROE) among peers: 8.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shanghai Conglin Environmental Protection Technology Co. Ltd. A (688370) | CN¥2.62 Billion | 22.47% | 0.18x | $508.80 Million |
| China Tianying Inc (000035) | $2.06 Billion | 10.27% | 1.91x | $2.28 Billion |
| HeiLongJiang Kingland Technology Co Ltd (000711) | $325.53 Million | -9.31% | 0.66x | $2.06 Billion |
| BECE Legend Group Co Ltd (000803) | $152.97 Million | 2.06% | 0.80x | $599.78 Million |
| Tus-Sound Environmental Resources Co Ltd (000826) | $130.73 Million | 28.96% | 1.01x | $408.81 Million |
| Wangneng Environment Co Ltd (002034) | $424.84 Million | 9.00% | 0.73x | $1.11 Billion |
| Beijing Orient Landscape Co Ltd (002310) | $12.65 Billion | 0.13% | 2.35x | $2.69 Billion |
| GEM Co Ltd (002340) | $10.22 Billion | 7.14% | 1.44x | $6.83 Billion |
| Dongjiang Environmental Co Ltd (002672) | $2.45 Billion | 8.50% | 0.33x | $585.42 Million |
| Qiaoyin Environmental Tech Co Ltd (002973) | $462.58 Million | 21.52% | 0.41x | $752.89 Million |
| Tongxing Environmental Protection (003027) | $1.79 Billion | 6.69% | 0.51x | $453.74 Million |
About Shanghai Conglin Environmental Protection Technology Co. Ltd. A
Shanghai Conglin Environmental Protection Technology Co., Ltd. engages in the disposal and resource utilization of hazardous waste. The company offers technical services and technical consulting, as well as environmental protection equipment, mechanical equipment, metal products, and plastic products. It is also involved in technology development; technology transfer in the field of environmental… Read more