Shanghai Jinqiao Export Processing Zone Development Co Ltd B (900911) - Net Assets
Based on the latest financial reports, Shanghai Jinqiao Export Processing Zone Development Co Ltd B (900911) has net assets worth $18.41 Billion USD as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($50.68 Billion) and total liabilities ($32.26 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. Check asset resilience ratio of Shanghai Jinqiao Export Processing Zone to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $18.41 Billion |
| % of Total Assets | 36.34% |
| Annual Growth Rate | 8.45% |
| 5-Year Change | 71.11% |
| 10-Year Change | 106.52% |
| Growth Volatility | 10.87 |
Shanghai Jinqiao Export Processing Zone Development Co Ltd B - Net Assets Trend (1993–2024)
This chart illustrates how Shanghai Jinqiao Export Processing Zone Development Co Ltd B's net assets have evolved over time, based on quarterly financial data. Also explore how large is Shanghai Jinqiao Export Processing Zone 's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Shanghai Jinqiao Export Processing Zone Development Co Ltd B (1993–2024)
The table below shows the annual net assets of Shanghai Jinqiao Export Processing Zone Development Co Ltd B from 1993 to 2024. For live valuation and market cap data, see market cap of Shanghai Jinqiao Export Processing Zone .
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $18.79 Billion | +10.67% |
| 2023-12-31 | $16.98 Billion | +11.28% |
| 2022-12-31 | $15.26 Billion | +21.93% |
| 2021-12-31 | $12.51 Billion | +13.95% |
| 2020-12-31 | $10.98 Billion | +8.15% |
| 2019-12-31 | $10.15 Billion | +11.94% |
| 2018-12-31 | $9.07 Billion | -1.14% |
| 2017-12-31 | $9.18 Billion | +4.68% |
| 2016-12-31 | $8.77 Billion | -3.66% |
| 2015-12-31 | $9.10 Billion | +45.20% |
| 2014-12-31 | $6.27 Billion | +25.74% |
| 2013-12-31 | $4.98 Billion | +4.61% |
| 2012-12-31 | $4.76 Billion | +6.69% |
| 2011-12-31 | $4.47 Billion | +10.02% |
| 2010-12-31 | $4.06 Billion | +9.62% |
| 2009-12-31 | $3.70 Billion | +8.54% |
| 2008-12-31 | $3.41 Billion | +4.54% |
| 2007-12-31 | $3.26 Billion | +10.41% |
| 2006-12-31 | $2.96 Billion | +8.81% |
| 2005-12-31 | $2.72 Billion | +6.17% |
| 2004-12-31 | $2.56 Billion | +30.47% |
| 2003-12-31 | $1.96 Billion | +10.76% |
| 2002-12-31 | $1.77 Billion | +6.61% |
| 2001-12-31 | $1.66 Billion | -3.37% |
| 2000-12-31 | $1.72 Billion | +5.58% |
| 1999-12-31 | $1.63 Billion | -12.05% |
| 1998-12-31 | $1.85 Billion | +2.70% |
| 1997-12-31 | $1.80 Billion | -2.40% |
| 1996-12-31 | $1.85 Billion | +3.97% |
| 1995-12-31 | $1.78 Billion | -2.59% |
| 1994-12-31 | $1.82 Billion | +19.85% |
| 1993-12-31 | $1.52 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shanghai Jinqiao Export Processing Zone Development 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 4563.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $9.22 Billion | 63.51% |
| Common Stock | $1.12 Billion | 7.73% |
| Other Comprehensive Income | $772.29 Million | 5.32% |
| Other Components | $3.41 Billion | 23.45% |
| Total Equity | $14.52 Billion | 100.00% |
Shanghai Jinqiao Export Processing Zone Development Co Ltd B Competitors by Market Cap
The table below lists competitors of Shanghai Jinqiao Export Processing Zone Development Co Ltd B ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Selan Exploration Technology Limited
NSE:SELAN
|
$210.95 Million |
|
Chicago Atlantic BDC, Inc.
NASDAQ:LIEN
|
$211.09 Million |
|
Black Rock Coffee Bar, Inc. Class A Common Stock
NASDAQ:BRCB
|
$211.14 Million |
|
Ocean Plastics Co Ltd
TW:1321
|
$211.37 Million |
|
VietinBank Securities JSC
VN:CTS
|
$210.92 Million |
|
Digital Aria Co Ltd
KQ:115450
|
$210.89 Million |
|
SHANGH.DAZ.PUBL.UTIL.YC 1
F:6WL
|
$210.87 Million |
|
Heron Therapeuti
NASDAQ:HRTX
|
$210.87 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shanghai Jinqiao Export Processing Zone Development Co Ltd B's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 14,113,202,978 to 14,523,957,029, a change of 410,754,051 (2.9%).
- Net income of 1,001,950,138 contributed positively to equity growth.
- Dividend payments of 1,185,049,827 reduced retained earnings.
- Other comprehensive income increased equity by 198,563,689.
- Other factors increased equity by 395,290,051.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.00 Billion | +6.9% |
| Dividends Paid | $1.19 Billion | -8.16% |
| Other Comprehensive Income | $198.56 Million | +1.37% |
| Other Changes | $395.29 Million | +2.72% |
| Total Change | $- | 2.91% |
Book Value vs Market Value Analysis
This analysis compares Shanghai Jinqiao Export Processing Zone Development 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: 0.06x
- 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.
- The price-to-book ratio has decreased from 0.88x to 0.06x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-12-31 | $0.89 | $0.78 | x |
| 1994-12-31 | $1.23 | $0.78 | x |
| 1995-12-31 | $1.13 | $0.78 | x |
| 1996-12-31 | $1.20 | $0.78 | x |
| 1997-12-31 | $1.92 | $0.78 | x |
| 1998-12-31 | $1.97 | $0.78 | x |
| 1999-12-31 | $1.74 | $0.78 | x |
| 2000-12-31 | $1.83 | $0.78 | x |
| 2001-12-31 | $1.76 | $0.78 | x |
| 2002-12-31 | $1.88 | $0.78 | x |
| 2003-12-31 | $2.08 | $0.78 | x |
| 2004-12-31 | $2.46 | $0.78 | x |
| 2005-12-31 | $2.62 | $0.78 | x |
| 2006-12-31 | $2.88 | $0.78 | x |
| 2007-12-31 | $3.17 | $0.78 | x |
| 2008-12-31 | $3.32 | $0.78 | x |
| 2009-12-31 | $3.61 | $0.78 | x |
| 2010-12-31 | $3.96 | $0.78 | x |
| 2011-12-31 | $4.35 | $0.78 | x |
| 2012-12-31 | $4.63 | $0.78 | x |
| 2013-12-31 | $4.97 | $0.78 | x |
| 2014-12-31 | $6.26 | $0.78 | x |
| 2015-12-31 | $9.08 | $0.78 | x |
| 2016-12-31 | $7.70 | $0.78 | x |
| 2017-12-31 | $7.96 | $0.78 | x |
| 2018-12-31 | $7.87 | $0.78 | x |
| 2019-12-31 | $8.84 | $0.78 | x |
| 2020-12-31 | $9.59 | $0.78 | x |
| 2021-12-31 | $10.99 | $0.78 | x |
| 2022-12-31 | $11.41 | $0.78 | x |
| 2023-12-31 | $12.57 | $0.78 | x |
| 2024-12-31 | $12.95 | $0.78 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shanghai Jinqiao Export Processing Zone Development 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): 6.90%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 36.77%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 3.35x
- Recent ROE (6.90%) is below the historical average (10.01%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 35.32% | 38.20% | 0.27x | 3.46x | $208.21 Million |
| 1994 | 34.16% | 39.00% | 0.23x | 3.73x | $275.51 Million |
| 1995 | 10.10% | 20.62% | 0.10x | 4.89x | $1.06 Million |
| 1996 | 10.14% | 19.13% | 0.11x | 4.75x | $1.62 Million |
| 1997 | 4.04% | 11.66% | 0.23x | 1.50x | $-106.37 Million |
| 1998 | 2.40% | 14.49% | 0.10x | 1.65x | $-139.01 Million |
| 1999 | 2.93% | 7.55% | 0.22x | 1.80x | $-114.59 Million |
| 2000 | 4.14% | 12.33% | 0.21x | 1.62x | $-99.34 Million |
| 2001 | 5.95% | 24.52% | 0.13x | 1.85x | $-66.45 Million |
| 2002 | 6.18% | 15.91% | 0.21x | 1.85x | $-66.77 Million |
| 2003 | 6.57% | 20.82% | 0.20x | 1.61x | $-66.51 Million |
| 2004 | 7.71% | 28.52% | 0.13x | 2.04x | $-52.27 Million |
| 2005 | 7.78% | 23.10% | 0.17x | 1.99x | $-54.07 Million |
| 2006 | 7.95% | 21.46% | 0.20x | 1.85x | $-54.80 Million |
| 2007 | 7.04% | 25.80% | 0.14x | 1.89x | $-87.05 Million |
| 2008 | 9.02% | 24.63% | 0.19x | 1.94x | $-30.18 Million |
| 2009 | 10.74% | 42.89% | 0.11x | 2.21x | $24.89 Million |
| 2010 | 14.39% | 35.70% | 0.18x | 2.29x | $161.69 Million |
| 2011 | 11.21% | 21.69% | 0.24x | 2.18x | $49.01 Million |
| 2012 | 7.77% | 29.75% | 0.12x | 2.18x | $-95.98 Million |
| 2013 | 9.25% | 29.91% | 0.14x | 2.23x | $-34.40 Million |
| 2014 | 7.39% | 22.45% | 0.15x | 2.14x | $-151.38 Million |
| 2015 | 5.18% | 31.44% | 0.08x | 1.95x | $-438.32 Million |
| 2016 | 7.13% | 41.98% | 0.08x | 2.10x | $-247.87 Million |
| 2017 | 8.25% | 44.06% | 0.08x | 2.29x | $-156.47 Million |
| 2018 | 11.06% | 35.38% | 0.14x | 2.30x | $93.31 Million |
| 2019 | 10.93% | 32.36% | 0.14x | 2.48x | $92.38 Million |
| 2020 | 10.30% | 30.83% | 0.12x | 2.79x | $31.76 Million |
| 2021 | 13.15% | 35.15% | 0.14x | 2.70x | $389.08 Million |
| 2022 | 12.36% | 31.34% | 0.15x | 2.70x | $302.40 Million |
| 2023 | 12.89% | 27.62% | 0.17x | 2.82x | $407.47 Million |
| 2024 | 6.90% | 36.77% | 0.06x | 3.35x | $-450.45 Million |
Industry Comparison
This section compares Shanghai Jinqiao Export Processing Zone Development Co Ltd B's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $1,681,055,904
- Average return on equity (ROE) among peers: 10.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shanghai Jinqiao Export Processing Zone Development Co Ltd B (900911) | $18.41 Billion | 35.32% | 1.75x | $210.94 Million |
| China Vanke Co Ltd Class A (000002) | $2.15 Billion | 10.68% | 1.09x | $5.56 Billion |
| Shenzhen Zhenye Group Co Ltd (000006) | $347.86 Million | 16.58% | 0.44x | $1.92 Billion |
| Shenzhen Properties & Resources Development Group Ltd (000011) | $566.75 Million | -4.83% | 2.33x | $623.95 Million |
| Shahe Industry Co Ltd (000014) | $1.68 Billion | 0.98% | 0.31x | $467.53 Million |
| Grandjoy Holdings Group Co Ltd (000031) | $7.12 Billion | 5.93% | 3.58x | $1.92 Billion |
| China Union Holdings Ltd (000036) | $2.30 Billion | 3.02% | 0.68x | $1.15 Billion |
| Shenzhen Centralcon Investment Holding Co Ltd (000042) | $167.35 Million | 57.44% | 2.45x | $936.86 Million |
| Shenzhen Wongtee International Enterprise Co Ltd (000056) | $214.45 Million | 3.27% | 2.40x | $239.16 Million |
| Financial Street Holdings Co Ltd (000402) | $167.24 Million | 2.28% | 0.98x | $1.39 Billion |
| Chongqing Yukaifa Co Ltd (000514) | $2.11 Billion | 6.12% | 0.46x | $608.71 Million |
About Shanghai Jinqiao Export Processing Zone Development Co Ltd B
Shanghai Jinqiao Export Processing Zone Development Co.,Ltd engages in the development and construction, investment promotion, industrial development, and carrier operation management in China. Its property portfolio comprises industrial parks, serviced apartments, residential buildings, and office buildings. Shanghai Jinqiao Export Processing Zone Development Co.,Ltd was founded in 1992 and is h… Read more