ChampionX Corporation
ChampionX Corporation provides chemistry solutions, artificial lift systems, and engineered equipment and technologies to oil and gas companies worldwide. It operates in four segments: Production Chemical Technologies, Production & Automation Technologies, Drilling Technologies, and Reservoir Chemical Technologies. The Production Chemical Technologies segment offers onshore, offshore, and oil san… Read more
ChampionX Corporation (CHX) - Net Assets
Latest net assets as of March 2025: $1.90 Billion USD
Based on the latest financial reports, ChampionX Corporation (CHX) has net assets worth $1.90 Billion USD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.50 Billion) and total liabilities ($1.60 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.90 Billion |
| % of Total Assets | 54.41% |
| Annual Growth Rate | 1.2% |
| 5-Year Change | 13.56% |
| 10-Year Change | N/A |
| Growth Volatility | 23.26 |
ChampionX Corporation - Net Assets Trend (2015–2024)
This chart illustrates how ChampionX Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for ChampionX Corporation (2015–2024)
The table below shows the annual net assets of ChampionX Corporation from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.83 Billion | +10.24% |
| 2023-12-31 | $1.66 Billion | -0.96% |
| 2022-12-31 | $1.68 Billion | -4.39% |
| 2021-12-31 | $1.75 Billion | +8.79% |
| 2020-12-31 | $1.61 Billion | +55.62% |
| 2019-12-31 | $1.04 Billion | +5.57% |
| 2018-12-31 | $981.53 Million | -40.15% |
| 2017-12-31 | $1.64 Billion | +5.72% |
| 2016-12-31 | $1.55 Billion | -5.69% |
| 2015-12-31 | $1.64 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to ChampionX Corporation'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 decreased by 23904800000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.91 Million | 0.10% |
| Other Comprehensive Income | $-80.52 Million | -4.36% |
| Other Components | $2.16 Billion | 117.20% |
| Total Equity | $1.85 Billion | 100.00% |
ChampionX Corporation Competitors by Market Cap
The table below lists competitors of ChampionX Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
OMRON Corporation
PINK:OMRNF
|
$4.90 Billion |
|
Wex Inc
NYSE:WEX
|
$4.91 Billion |
|
U-Haul Holding Company
NYSE:UHAL
|
$4.91 Billion |
|
Hashicorp Inc
NASDAQ:HCP
|
$4.91 Billion |
|
Home BancShares Inc
NYSE:HOMB
|
$4.88 Billion |
|
Taiwan Mobile Co Ltd
TW:3045
|
$4.88 Billion |
|
Ebara Corporation
PINK:EBCOF
|
$4.88 Billion |
|
Tianfeng Securities Co Ltd
SHG:601162
|
$4.88 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ChampionX Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,676,622,000 to 1,846,437,000, a change of 169,815,000 (10.1%).
- Net income of 320,266,000 contributed positively to equity growth.
- Dividend payments of 70,531,000 reduced retained earnings.
- Share repurchases of 49,399,000 reduced equity.
- Other comprehensive income decreased equity by 43,994,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $320.27 Million | +17.35% |
| Dividends Paid | $70.53 Million | -3.82% |
| Share Repurchases | $49.40 Million | -2.68% |
| Other Comprehensive Income | $-43.99 Million | -2.38% |
| Other Changes | $13.47 Million | +0.73% |
| Total Change | $- | 10.13% |
Book Value vs Market Value Analysis
This analysis compares ChampionX Corporation'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: 2.71x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.24x to 2.71x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $20.79 | $25.81 | x |
| 2016-12-31 | $19.61 | $25.81 | x |
| 2017-12-31 | $20.73 | $25.81 | x |
| 2018-12-31 | $12.60 | $25.81 | x |
| 2019-12-31 | $13.31 | $25.81 | x |
| 2020-12-31 | $10.96 | $25.81 | x |
| 2021-12-31 | $8.50 | $25.81 | x |
| 2022-12-31 | $8.18 | $25.81 | x |
| 2023-12-31 | $8.39 | $25.81 | x |
| 2024-12-31 | $9.54 | $25.81 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ChampionX Corporation 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): 17.35%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.81%
- • Asset Turnover: 1.05x
- • Equity Multiplier: 1.88x
- Recent ROE (17.35%) is above the historical average (2.97%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 3.15% | 4.80% | 0.54x | 1.21x | $-112.29 Million |
| 2016 | -0.82% | -1.70% | 0.41x | 1.20x | $-167.38 Million |
| 2017 | 6.77% | 10.96% | 0.53x | 1.16x | $-52.89 Million |
| 2018 | 9.61% | 7.73% | 0.62x | 2.01x | $-3.87 Million |
| 2019 | 5.05% | 4.61% | 0.59x | 1.86x | $-51.13 Million |
| 2020 | -45.66% | -39.07% | 0.55x | 2.14x | $-904.95 Million |
| 2021 | 6.40% | 3.68% | 0.87x | 2.00x | $-63.77 Million |
| 2022 | 9.15% | 4.07% | 1.12x | 2.00x | $-14.49 Million |
| 2023 | 18.74% | 8.36% | 1.16x | 1.93x | $146.58 Million |
| 2024 | 17.35% | 8.81% | 1.05x | 1.88x | $135.62 Million |
Industry Comparison
This section compares ChampionX Corporation's net assets metrics with peer companies in the Oil & Gas Equipment & Services industry.
Industry Context
- Industry: Oil & Gas Equipment & Services
- Average net assets among peers: $5,464,315,253
- Average return on equity (ROE) among peers: -34.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ChampionX Corporation (CHX) | $1.90 Billion | 3.15% | 0.84x | $4.89 Billion |
| ProFrac Holding Corp. (ACDC) | $1.33 Billion | -7.35% | 1.31x | $222.04 Million |
| Atlas Energy Solutions Inc. (AESI) | $867.82 Million | 18.44% | 0.45x | $1.34 Billion |
| Akastor ASA (AKKVF) | $13.55 Billion | 9.27% | 2.55x | $54.21 Million |
| Andatee China Marine Fuel Services (AMCF) | $18.84 Million | 34.05% | 1.21x | $0.98 |
| Archrock Inc (AROC) | $2.23 Billion | -42.52% | 1.73x | $6.15 Billion |
| Anton Oilfield Services Group (ATONY) | $2.15 Billion | -9.22% | 2.02x | $381.63 Million |
| Auri Inc (AURI) | $-2.74 Million | 0.00% | 0.00x | $1.91 |
| Baker Hughes Co (BKR) | $34.50 Billion | 0.37% | 0.55x | $56.21 Billion |
| Kbridge Energy Corp (BMMCF) | $-341.75K | 0.00% | 0.00x | $880.54 |
| Bri-Chem Corp (BRYFF) | $131.44K | -348.83% | 2.61x | $4.32 Million |