Shanghai Highly Group Co Ltd B (900910) - Net Assets
Based on the latest financial reports, Shanghai Highly Group Co Ltd B (900910) has net assets worth $7.93 Billion USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($23.60 Billion) and total liabilities ($15.67 Billion). 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 total assets of Shanghai Highly Group Co Ltd B for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $7.93 Billion |
| % of Total Assets | 33.6% |
| Annual Growth Rate | 7.55% |
| 5-Year Change | 3.12% |
| 10-Year Change | 64.8% |
| Growth Volatility | 13.25 |
Shanghai Highly Group Co Ltd B - Net Assets Trend (2000–2025)
This chart illustrates how Shanghai Highly Group Co Ltd B's net assets have evolved over time, based on quarterly financial data. Check tangible equity quality of Shanghai Highly Group Co Ltd B to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Shanghai Highly Group Co Ltd B (2000–2025)
The table below shows the annual net assets of Shanghai Highly Group Co Ltd B from 2000 to 2025. For live valuation and market cap data, see Shanghai Highly Group Co Ltd B market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $7.88 Billion | +0.54% |
| 2024-12-31 | $7.84 Billion | +0.28% |
| 2023-12-31 | $7.82 Billion | +5.87% |
| 2022-12-31 | $7.39 Billion | -3.39% |
| 2021-12-31 | $7.64 Billion | +39.86% |
| 2020-12-31 | $5.47 Billion | -0.29% |
| 2019-12-31 | $5.48 Billion | +2.78% |
| 2018-12-31 | $5.33 Billion | +5.65% |
| 2017-12-31 | $5.05 Billion | +5.54% |
| 2016-12-31 | $4.78 Billion | +1.61% |
| 2015-12-31 | $4.71 Billion | +51.11% |
| 2014-12-31 | $3.12 Billion | +1.62% |
| 2013-12-31 | $3.07 Billion | -0.03% |
| 2012-12-31 | $3.07 Billion | +24.43% |
| 2011-12-31 | $2.46 Billion | +12.72% |
| 2010-12-31 | $2.19 Billion | +5.71% |
| 2009-12-31 | $2.07 Billion | +5.13% |
| 2008-12-31 | $1.97 Billion | -2.17% |
| 2007-12-31 | $2.01 Billion | +12.50% |
| 2006-12-31 | $1.79 Billion | +0.25% |
| 2005-12-31 | $1.78 Billion | +2.47% |
| 2004-12-31 | $1.74 Billion | +20.22% |
| 2003-12-31 | $1.45 Billion | +8.01% |
| 2002-12-31 | $1.34 Billion | -9.06% |
| 2001-12-31 | $1.47 Billion | +15.35% |
| 2000-12-31 | $1.28 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shanghai Highly Group Co Ltd B'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 3096.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.28 Billion | 20.91% |
| Other Components | $4.84 Billion | 79.09% |
| Total Equity | $6.12 Billion | 100.00% |
Shanghai Highly Group Co Ltd B Competitors by Market Cap
The table below lists competitors of Shanghai Highly Group Co Ltd B ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Readly International AB
ST:READ
|
$171.68 Million |
|
Companhia Energética de Brasília - CEB
SA:CEBR3
|
$171.70 Million |
|
Bukaka Teknik Utama Tbk Pt
JK:BUKK
|
$171.74 Million |
|
Bank Artha Graha Internasional
JK:INPC
|
$171.83 Million |
|
Black Spade Acquisition III Co
NYSE:BIII
|
$171.64 Million |
|
New England Realty Associates LP
NYSE MKT:NEN
|
$171.60 Million |
|
Southland Holdings Inc.
NASDAQ:SLND
|
$171.54 Million |
|
Mainstreet Bank
NASDAQ:MNSB
|
$171.52 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shanghai Highly Group Co Ltd B's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 6,110,326,184 to 6,124,301,505, a change of 13,975,320 (0.2%).
- Net income of 71,820,885 contributed positively to equity growth.
- Dividend payments of 120,421,771 reduced retained earnings.
- Other factors increased equity by 62,576,206.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $71.82 Million | +1.17% |
| Dividends Paid | $120.42 Million | -1.97% |
| Other Changes | $62.58 Million | +1.02% |
| Total Change | $- | 0.23% |
Book Value vs Market Value Analysis
This analysis compares Shanghai Highly Group Co Ltd B'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: 0.11x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $4.83 | $0.60 | x |
| 2018-12-31 | $5.04 | $0.60 | x |
| 2019-12-31 | $5.11 | $0.60 | x |
| 2020-12-31 | $5.11 | $0.60 | x |
| 2021-12-31 | $5.74 | $0.60 | x |
| 2022-12-31 | $5.62 | $0.60 | x |
| 2023-12-31 | $5.66 | $0.60 | x |
| 2024-12-31 | $5.69 | $0.60 | x |
| 2025-12-31 | $5.71 | $0.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shanghai Highly Group Co Ltd B 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): 1.17%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.35%
- • Asset Turnover: 0.86x
- • Equity Multiplier: 3.91x
- Recent ROE (1.17%) is below the historical average (5.49%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 7.27% | 3.81% | 0.66x | 2.91x | $-25.13 Million |
| 2001 | 12.84% | 5.01% | 0.78x | 3.30x | $28.35 Million |
| 2002 | 1.69% | 0.78% | 0.65x | 3.32x | $-82.19 Million |
| 2003 | 3.96% | 1.58% | 0.80x | 3.15x | $-64.80 Million |
| 2004 | 16.79% | 6.25% | 0.97x | 2.76x | $87.31 Million |
| 2005 | 11.08% | 4.00% | 1.04x | 2.65x | $14.32 Million |
| 2006 | 4.49% | 1.74% | 0.90x | 2.85x | $-74.67 Million |
| 2007 | 8.25% | 2.64% | 0.91x | 3.45x | $-26.87 Million |
| 2008 | 1.10% | 0.34% | 1.15x | 2.84x | $-130.73 Million |
| 2009 | 4.07% | 1.40% | 0.86x | 3.39x | $-91.65 Million |
| 2010 | 8.86% | 2.25% | 0.97x | 4.06x | $-18.53 Million |
| 2011 | 9.75% | 2.13% | 1.15x | 3.98x | $-4.46 Million |
| 2012 | 6.25% | 2.18% | 0.90x | 3.18x | $-88.66 Million |
| 2013 | 4.39% | 1.57% | 0.81x | 3.43x | $-132.88 Million |
| 2014 | 3.90% | 1.43% | 0.75x | 3.61x | $-146.13 Million |
| 2015 | 1.76% | 1.16% | 0.56x | 2.72x | $-320.84 Million |
| 2016 | 4.41% | 2.39% | 0.63x | 2.93x | $-223.02 Million |
| 2017 | 6.73% | 2.69% | 0.77x | 3.26x | $-136.79 Million |
| 2018 | 7.12% | 2.66% | 0.82x | 3.28x | $-125.56 Million |
| 2019 | 6.33% | 2.35% | 0.87x | 3.09x | $-165.63 Million |
| 2020 | 3.60% | 1.47% | 0.74x | 3.31x | $-288.55 Million |
| 2021 | 5.19% | 2.05% | 0.75x | 3.39x | $-299.62 Million |
| 2022 | 0.58% | 0.21% | 0.82x | 3.32x | $-574.24 Million |
| 2023 | 0.50% | 0.18% | 0.80x | 3.49x | $-579.19 Million |
| 2024 | 0.55% | 0.18% | 0.80x | 3.85x | $-577.18 Million |
| 2025 | 1.17% | 0.35% | 0.86x | 3.91x | $-540.61 Million |
Industry Comparison
This section compares Shanghai Highly Group Co Ltd B's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $1,622,572,650
- Average return on equity (ROE) among peers: 5.54%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shanghai Highly Group Co Ltd B (900910) | $7.93 Billion | 7.27% | 1.98x | $171.64 Million |
| Huayi Compressor Co Ltd (000404) | $4.42 Billion | 2.63% | 1.48x | $744.49 Million |
| Shenyang Machine Tool Co Ltd (000410) | $2.74 Billion | 0.93% | 6.35x | $1.76 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $375.74 Million | 7.33% | 0.38x | $2.78 Billion |
| Bingshan Refrigeration & Heat Transfer Technologies Co Ltd (000530) | $1.06 Billion | 6.63% | 0.45x | $421.76 Million |
| Changchai Co Ltd (000570) | $2.09 Billion | 5.76% | 0.64x | $387.87 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $437.03 Million | 6.41% | 1.13x | $32.29 Million |
| Baota Industry Co Ltd (000595) | $559.29 Million | -28.99% | 0.99x | $788.12 Million |
| SUFA Technology Industry Co Ltd CNNC (000777) | $1.47 Billion | 9.22% | 0.64x | $915.65 Million |
| J.S. Corrugating Machinery Co Ltd (000821) | $182.17 Million | 40.19% | 0.77x | $635.29 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $2.89 Billion | 5.30% | 2.21x | $1.34 Billion |
About Shanghai Highly Group Co Ltd B
Shanghai Highly (Group) Co., Ltd., together with its subsidiaries, researches, develops, manufactures, and sells heat and cooling components and automotive parts in China and internationally. It operates through three segments: Compressor and Related Refrigeration Equipment; Automotive Parts; and Trade and Real Estate Leasing. The company offers compressors for household AC, light commercial AC, … Read more