Shanghai Haixin Group Co Ltd B (900917) - Net Assets
Based on the latest financial reports, Shanghai Haixin Group Co Ltd B (900917) has net assets worth $4.58 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 ($5.51 Billion) and total liabilities ($924.91 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. Check Shanghai Haixin Group Co Ltd B (900917) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $4.58 Billion |
| % of Total Assets | 83.2% |
| Annual Growth Rate | -0.72% |
| 5-Year Change | 2.77% |
| 10-Year Change | N/A |
| Growth Volatility | 7.98 |
Shanghai Haixin Group Co Ltd B - Net Assets Trend (2015–2024)
This chart illustrates how Shanghai Haixin Group Co Ltd B's net assets have evolved over time, based on quarterly financial data. Also explore Shanghai Haixin Group Co Ltd B (900917) total assets for the complete picture of this company's asset base.
Annual Net Assets for Shanghai Haixin Group Co Ltd B (2015–2024)
The table below shows the annual net assets of Shanghai Haixin Group Co Ltd B from 2015 to 2024. For live valuation and market cap data, see 900917 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $4.50 Billion | +8.84% |
| 2023-12-31 | $4.14 Billion | +2.90% |
| 2022-12-31 | $4.02 Billion | -6.16% |
| 2021-12-31 | $4.28 Billion | -2.21% |
| 2020-12-31 | $4.38 Billion | +8.18% |
| 2019-12-31 | $4.05 Billion | +11.67% |
| 2018-12-31 | $3.63 Billion | -8.22% |
| 2017-12-31 | $3.95 Billion | -8.97% |
| 2016-12-31 | $4.34 Billion | -9.66% |
| 2015-12-31 | $4.80 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shanghai Haixin 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 23.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $868.65 Million | 20.04% |
| Other Components | $3.47 Billion | 79.96% |
| Total Equity | $4.33 Billion | 100.00% |
Shanghai Haixin Group Co Ltd B Competitors by Market Cap
The table below lists competitors of Shanghai Haixin Group Co Ltd B ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Macauto Industrial Co Ltd
TWO:9951
|
$123.33 Million |
|
Gabelli Global Small and Mid Cap Value Closed Fund
NYSE:GGZ
|
$123.33 Million |
|
Shanghai Diesel Engine Co Ltd B
SHG:900920
|
$123.44 Million |
|
Mitrajaya Holdings Bhd
KLSE:9571
|
$123.45 Million |
|
Moens Bank A/S
CO:MNBA
|
$123.29 Million |
|
Kirana Megatara Tbk PT
JK:KMTR
|
$123.24 Million |
|
Mincon Group plc
IR:MIO
|
$123.23 Million |
|
Hwa Fong Rubber Ind Co Ltd
TW:2109
|
$123.21 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shanghai Haixin Group Co Ltd B's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,965,055,449 to 4,334,362,917, a change of 369,307,468 (9.3%).
- Net income of 150,940,806 contributed positively to equity growth.
- Dividend payments of 79,421,891 reduced retained earnings.
- Other factors increased equity by 297,788,552.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $150.94 Million | +3.48% |
| Dividends Paid | $79.42 Million | -1.83% |
| Other Changes | $297.79 Million | +6.87% |
| Total Change | $- | 9.31% |
Book Value vs Market Value Analysis
This analysis compares Shanghai Haixin 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: 0.07x
- 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 | $3.13 | $0.26 | x |
| 2018-12-31 | $2.83 | $0.26 | x |
| 2019-12-31 | $3.19 | $0.26 | x |
| 2020-12-31 | $3.47 | $0.26 | x |
| 2021-12-31 | $3.42 | $0.26 | x |
| 2022-12-31 | $3.18 | $0.26 | x |
| 2023-12-31 | $3.28 | $0.26 | x |
| 2024-12-31 | $3.59 | $0.26 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shanghai Haixin 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): 3.48%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.97%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 1.23x
- Recent ROE (3.48%) is above the historical average (3.30%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 3.44% | 14.97% | 0.17x | 1.32x | $-300.01 Million |
| 2016 | 2.17% | 8.89% | 0.19x | 1.31x | $-324.74 Million |
| 2017 | 2.78% | 10.53% | 0.20x | 1.29x | $-272.87 Million |
| 2018 | 3.95% | 12.31% | 0.24x | 1.32x | $-206.82 Million |
| 2019 | 2.70% | 9.35% | 0.22x | 1.34x | $-280.93 Million |
| 2020 | 2.85% | 12.80% | 0.17x | 1.34x | $-299.52 Million |
| 2021 | 3.20% | 8.74% | 0.28x | 1.29x | $-280.74 Million |
| 2022 | 4.27% | 11.39% | 0.29x | 1.28x | $-220.30 Million |
| 2023 | 4.19% | 14.04% | 0.24x | 1.24x | $-230.47 Million |
| 2024 | 3.48% | 18.97% | 0.15x | 1.23x | $-282.50 Million |
Industry Comparison
This section compares Shanghai Haixin Group Co Ltd B's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $1,399,616,772
- Average return on equity (ROE) among peers: -22.96%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shanghai Haixin Group Co Ltd B (900917) | $4.58 Billion | 3.44% | 0.20x | $123.31 Million |
| China Baoan Group Co Ltd (000009) | $4.69 Billion | 3.42% | 1.81x | $3.30 Billion |
| Yunding Technology Co Ltd (000409) | $289.46 Million | 10.54% | 0.08x | $1.01 Billion |
| Create Technology & Science Co Ltd (000551) | $500.09 Million | 0.51% | 1.08x | $1.16 Billion |
| Sundiro Holding Co Ltd (000571) | $874.38 Million | 0.93% | 1.10x | $680.26 Million |
| Guangdong Ganhua Science & Industry Co Ltd (000576) | $728.12 Million | -33.79% | 1.17x | $561.98 Million |
| Macrolink Real Estate Co Ltd (000620) | $108.49 Million | -173.26% | 4.17x | $2.65 Billion |
| Tianjin Economic-technological Development Area Co Ltd (000652) | $6.41 Billion | 2.47% | 4.81x | $939.26 Million |
| CHTC Helon Co Ltd (000677) | $-804.27 Million | 0.00% | 0.00x | $458.93 Million |
| Gansu Yatai Industrial Development Co Ltd (000691) | $103.03 Million | -40.99% | 1.73x | $547.08 Million |
| Hunan Fazhan Industrial Co Ltd (000722) | $1.09 Billion | 0.55% | 0.99x | $978.06 Million |
About Shanghai Haixin Group Co Ltd B
Shanghai Haixin Group Co., Ltd. engages in the manufacture and sale of pharmaceutical products in China and internationally. It is also involved in leasing of park properties, financial investment and commodity trading, as well as production and sales of chemical drugs through its sales platform or local distributors; and research and development, production, and sales of plush fabrics and clothi… Read more