Shanghai Lingang Holdings Co Ltd B (900928) - Net Assets
Based on the latest financial reports, Shanghai Lingang Holdings Co Ltd B (900928) has net assets worth $33.56 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 ($86.08 Billion) and total liabilities ($52.52 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 900928 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $33.56 Billion |
| % of Total Assets | 38.98% |
| Annual Growth Rate | 23.83% |
| 5-Year Change | 91.52% |
| 10-Year Change | 639.88% |
| Growth Volatility | 669.97 |
Shanghai Lingang Holdings Co Ltd B - Net Assets Trend (2000–2024)
This chart illustrates how Shanghai Lingang Holdings Co Ltd B's net assets have evolved over time, based on quarterly financial data. Also explore Shanghai Lingang Holdings Co Ltd B total assets for the complete picture of this company's asset base.
Annual Net Assets for Shanghai Lingang Holdings Co Ltd B (2000–2024)
The table below shows the annual net assets of Shanghai Lingang Holdings Co Ltd B from 2000 to 2024. For live valuation and market cap data, see Shanghai Lingang Holdings Co Ltd B market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $33.84 Billion | +5.82% |
| 2023-12-31 | $31.98 Billion | +16.64% |
| 2022-12-31 | $27.42 Billion | +37.24% |
| 2021-12-31 | $19.98 Billion | +13.06% |
| 2020-12-31 | $17.67 Billion | +8.50% |
| 2019-12-31 | $16.29 Billion | +102.39% |
| 2018-12-31 | $8.05 Billion | +7.64% |
| 2017-12-31 | $7.48 Billion | +42.26% |
| 2016-12-31 | $5.25 Billion | +14.89% |
| 2015-12-31 | $4.57 Billion | +3293.13% |
| 2014-12-31 | $134.80 Million | -30.61% |
| 2013-12-31 | $194.26 Million | +6.52% |
| 2012-12-31 | $182.38 Million | +6.19% |
| 2011-12-31 | $171.74 Million | +3.40% |
| 2010-12-31 | $166.10 Million | +2.83% |
| 2009-12-31 | $161.52 Million | +3.41% |
| 2008-12-31 | $156.20 Million | +3.92% |
| 2007-12-31 | $150.31 Million | +6.36% |
| 2006-12-31 | $141.32 Million | +5.97% |
| 2005-12-31 | $133.36 Million | +13.36% |
| 2003-12-31 | $117.64 Million | -13.35% |
| 2002-12-31 | $135.78 Million | +2.16% |
| 2001-12-31 | $132.90 Million | -33.62% |
| 2000-12-31 | $200.21 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shanghai Lingang Holdings 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 552336786960.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $5.52 Billion | 28.86% |
| Other Components | $13.61 Billion | 71.14% |
| Total Equity | $19.14 Billion | 100.00% |
Shanghai Lingang Holdings Co Ltd B Competitors by Market Cap
The table below lists competitors of Shanghai Lingang Holdings Co Ltd B ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Consolidated Finvest & Holdings Limited
NSE:CONSOFINVT
|
$78.69 Million |
|
NWF GROUP PLC LS-25
F:NYY
|
$78.71 Million |
|
DreamCIS Inc
KQ:223250
|
$78.79 Million |
|
Gemfields Group Ltd
JSE:GML
|
$78.81 Million |
|
Weir Group PLC
LSE:WEIR
|
$78.65 Million |
|
Hennessy Ad
NASDAQ:HNNA
|
$78.65 Million |
|
APS Holdings Corporation
KQ:054620
|
$78.64 Million |
|
Sandon Capital Investments Ltd
AU:SNC
|
$78.63 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shanghai Lingang Holdings Co Ltd B's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 18,565,643,731 to 19,136,143,377, a change of 570,499,646 (3.1%).
- Net income of 1,096,574,933 contributed positively to equity growth.
- Dividend payments of 1,446,078,527 reduced retained earnings.
- Other factors increased equity by 920,003,239.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.10 Billion | +5.73% |
| Dividends Paid | $1.45 Billion | -7.56% |
| Other Changes | $920.00 Million | +4.81% |
| Total Change | $- | 3.07% |
Book Value vs Market Value Analysis
This analysis compares Shanghai Lingang Holdings 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: 0.08x
- 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 | $5.81 | $0.61 | x |
| 2018-12-31 | $6.08 | $0.61 | x |
| 2019-12-31 | $6.48 | $0.61 | x |
| 2020-12-31 | $6.91 | $0.61 | x |
| 2021-12-31 | $6.09 | $0.61 | x |
| 2022-12-31 | $6.75 | $0.61 | x |
| 2023-12-31 | $7.36 | $0.61 | x |
| 2024-12-31 | $7.59 | $0.61 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shanghai Lingang Holdings 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): 5.73%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.88%
- • Asset Turnover: 0.13x
- • Equity Multiplier: 4.36x
- Recent ROE (5.73%) is below the historical average (6.33%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 7.59% | 1.39% | 0.60x | 9.05x | $-2.66 Million |
| 2002 | 10.34% | 1.79% | 0.65x | 8.85x | $376.10K |
| 2003 | 1.68% | 0.31% | 0.74x | 7.27x | $-9.55 Million |
| 2005 | 4.26% | 0.71% | 0.83x | 7.22x | $-7.47 Million |
| 2006 | 4.32% | 0.65% | 0.96x | 6.94x | $-7.87 Million |
| 2007 | 6.88% | 1.00% | 1.06x | 6.46x | $-4.61 Million |
| 2008 | 5.26% | 0.74% | 1.01x | 7.05x | $-7.31 Million |
| 2009 | 3.56% | 0.51% | 0.90x | 7.79x | $-10.34 Million |
| 2010 | 3.54% | 0.59% | 0.76x | 7.86x | $-10.72 Million |
| 2011 | 3.65% | 0.60% | 0.69x | 8.80x | $-10.94 Million |
| 2012 | 5.53% | 0.92% | 0.65x | 9.24x | $-8.15 Million |
| 2013 | 6.20% | 1.09% | 0.62x | 9.19x | $-7.38 Million |
| 2015 | 8.06% | 20.91% | 0.16x | 2.35x | $-80.83 Million |
| 2016 | 8.73% | 22.42% | 0.17x | 2.32x | $-58.91 Million |
| 2017 | 6.30% | 19.77% | 0.16x | 2.02x | $-241.10 Million |
| 2018 | 6.39% | 22.56% | 0.12x | 2.28x | $-245.64 Million |
| 2019 | 9.89% | 34.10% | 0.10x | 2.77x | $-15.56 Million |
| 2020 | 9.73% | 35.99% | 0.09x | 2.88x | $-38.98 Million |
| 2021 | 9.99% | 24.48% | 0.13x | 3.20x | $-1.91 Million |
| 2022 | 5.93% | 16.82% | 0.09x | 3.90x | $-692.71 Million |
| 2023 | 5.73% | 15.06% | 0.09x | 4.36x | $-792.67 Million |
| 2024 | 5.73% | 9.88% | 0.13x | 4.36x | $-817.04 Million |
Industry Comparison
This section compares Shanghai Lingang Holdings Co Ltd B's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $1,718,371,481
- Average return on equity (ROE) among peers: 14.03%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shanghai Lingang Holdings Co Ltd B (900928) | $33.56 Billion | 7.59% | 1.57x | $78.69 Million |
| Shenzhen SEG Co Ltd (000058) | $1.17 Billion | 5.05% | 0.25x | $1.18 Billion |
| 5I5j Holding Group Co Ltd (000560) | $10.38 Billion | 3.00% | 0.94x | $1.02 Billion |
| DongGuan Winnerway Industrial Zone Ltd (000573) | $1.39 Billion | 1.05% | 0.57x | $469.80 Million |
| Beijing Mainstreets Investment (000609) | $1.58 Billion | 8.52% | 0.11x | $631.48 Million |
| Rongfeng Holding Group (000668) | $747.23 Million | 0.24% | 1.04x | $340.58 Million |
| Sanxiang Co Ltd (000863) | $26.49 Million | 53.94% | 2.99x | $837.95 Million |
| China Merchants Property Operation & Service Co Ltd (001914) | $239.99 Million | 10.48% | 1.35x | $1.58 Billion |
| Shenzhen Worldunion Properties Consultancy Inc (002285) | $238.74 Million | 27.80% | 0.52x | $909.83 Million |
| Chongqing New Dazheng Property Grp (002968) | $107.01 Million | 25.35% | 1.42x | $407.93 Million |
| Shenzhen SEG Co Ltd (200058) | $1.30 Billion | 4.83% | 0.26x | $56.32 Million |
About Shanghai Lingang Holdings Co Ltd B
Shanghai Lingang Holdings Co.,Ltd. develops and sells industrial carriers in China. The company's portfolio includes research and development technology buildings and industrial plants. It is involved in the park development, management, and operations; and logistics activities. In addition, the company is involved in investment management business. The company was formerly known as Shanghai Auto… Read more