Shanghai Lisheng Racing Co Ltd

SHE:002858 China Entertainment
Market Cap
$339.58 Million
CN¥2.49 Billion CNY
Market Cap Rank
#13818 Global
#3579 in China
Share Price
CN¥15.20
Change (1 day)
-5.59%
52-Week Range
CN¥10.06 - CN¥17.39
All Time High
CN¥38.84
About

Lisheng Sports (Shanghai) Co.,Ltd operates as an automotive sports operator in China. The company engages in the racing venue operation; event and club operation; provision of technology R&D and training; and other businesses. It is also involved in the manufacture and sale of sports equipment; and digital sports business. The company was founded in 2002 and is headquartered in Shanghai, China.

Shanghai Lisheng Racing Co Ltd (002858) - Total Assets

Latest total assets as of September 2025: CN¥1.13 Billion CNY

Based on the latest financial reports, Shanghai Lisheng Racing Co Ltd (002858) holds total assets worth CN¥1.13 Billion CNY as of September 2025.

Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.

Shanghai Lisheng Racing Co Ltd - Total Assets Trend (2011–2024)

This chart illustrates how Shanghai Lisheng Racing Co Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Shanghai Lisheng Racing Co Ltd - Asset Composition Analysis

Current Asset Composition (December 2024)

Shanghai Lisheng Racing Co Ltd's total assets of CN¥1.13 Billion consist of 45.6% current assets and 54.4% non-current assets.

Asset Category Amount (CNY) % of Total Assets
Cash & Equivalents CN¥0.00 26.0%
Accounts Receivable CN¥118.39 Million 11.9%
Inventory CN¥38.86 Million 3.9%
Property, Plant & Equipment CN¥0.00 0.0%
Intangible Assets CN¥177.71 Million 17.9%
Goodwill CN¥118.91 Million 12.0%

Asset Composition Trend (2011–2024)

This chart illustrates how Shanghai Lisheng Racing Co Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: Shanghai Lisheng Racing Co Ltd's current assets represent 45.6% of total assets in 2024, an increase from 39.4% in 2011.
  • Cash Position: Cash and equivalents constituted 26.0% of total assets in 2024, up from 3.5% in 2011.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 28.0% of total assets, an increase from 17.0% in 2011.
  • Asset Diversification: The largest asset category is intangible assets at 17.9% of total assets.

Shanghai Lisheng Racing Co Ltd Competitors by Total Assets

Key competitors of Shanghai Lisheng Racing Co Ltd based on total assets are shown below.

Shanghai Lisheng Racing Co Ltd - Asset Efficiency Metrics

Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.

Asset Turnover Ratio

Measures how efficiently a company uses its assets to generate sales

Historical Range: 0.25 - 0.92

Moderate asset utilization - Shanghai Lisheng Racing Co Ltd generates 0.44x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -18.78% - 12.02%

Negative ROA - Shanghai Lisheng Racing Co Ltd is currently not profitable relative to its asset base.

Shanghai Lisheng Racing Co Ltd - Liquidity and Working Capital Analysis

Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.

Key Liquidity Metrics

Metric Current 1 Year Ago 5 Years Ago
Current Ratio 1.69 1.42 1.90
Quick Ratio 1.54 1.25 1.60
Cash Ratio 0.00 0.00 0.00
Working Capital CN¥226.98 Million CN¥ 137.39 Million CN¥ 141.86 Million

Shanghai Lisheng Racing Co Ltd - Advanced Valuation Insights

This section examines the relationship between Shanghai Lisheng Racing Co Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.

Key Valuation Metrics

Current Price-to-Book Ratio 4.93
Latest Market Cap to Assets Ratio 0.25
Asset Growth Rate (YoY) -3.3%
Total Assets CN¥993.22 Million
Market Capitalization $250.22 Million USD

Valuation Analysis

Below Book Valuation: The market values Shanghai Lisheng Racing Co Ltd's assets below their book value (0.25 x), which may indicate investor concerns about asset quality or future growth.

Slight Asset Contraction: Shanghai Lisheng Racing Co Ltd's assets decreased by 3.3% over the past year, which may reflect streamlining or optimization of resources.

Annual Total Assets for Shanghai Lisheng Racing Co Ltd (2011–2024)

The table below shows the annual total assets of Shanghai Lisheng Racing Co Ltd from 2011 to 2024.

Year Total Assets Change
2024-12-31 CN¥993.22 Million -3.33%
2023-12-31 CN¥1.03 Billion -0.26%
2022-12-31 CN¥1.03 Billion -9.31%
2021-12-31 CN¥1.14 Billion +91.38%
2020-12-31 CN¥593.45 Million -19.75%
2019-12-31 CN¥739.46 Million +25.75%
2018-12-31 CN¥588.05 Million +23.19%
2017-12-31 CN¥477.37 Million +75.55%
2016-12-31 CN¥271.92 Million +13.41%
2015-12-31 CN¥239.77 Million +0.47%
2014-12-31 CN¥238.66 Million +28.11%
2013-12-31 CN¥186.30 Million +35.13%
2012-12-31 CN¥137.86 Million +17.78%
2011-12-31 CN¥117.05 Million --