North Huajin Chemical Industries Co Ltd

SHE:000059 China Chemicals
Market Cap
$1.28 Billion
CN¥9.39 Billion CNY
Market Cap Rank
#8877 Global
#1743 in China
Share Price
CN¥5.87
Change (1 day)
-1.18%
52-Week Range
CN¥4.48 - CN¥6.67
All Time High
CN¥12.55
About

North Huajin Chemical Industries Co.,Ltd engages in the production and sales of petrochemicals and chemical fertilizers. It operates in two segments, Petrochemical Products and Fertilizer Products. The company offers diesel oil products, polypropylene resin, polyethylene resin, ABS resin, chemical fertilizers, mixed aromatics, C9, fuel oil, asphalt, lubricating oil, and other products. It is also… Read more

North Huajin Chemical Industries Co Ltd (000059) - Net Assets

Latest net assets as of September 2025: CN¥10.74 Billion CNY

Based on the latest financial reports, North Huajin Chemical Industries Co Ltd (000059) has net assets worth CN¥10.74 Billion CNY as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥24.47 Billion) and total liabilities (CN¥13.74 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 CN¥10.74 Billion
% of Total Assets 43.87%
Annual Growth Rate 16.36%
5-Year Change -14.1%
10-Year Change 31.51%
Growth Volatility 69.89

North Huajin Chemical Industries Co Ltd - Net Assets Trend (1993–2024)

This chart illustrates how North Huajin Chemical Industries Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for North Huajin Chemical Industries Co Ltd (1993–2024)

The table below shows the annual net assets of North Huajin Chemical Industries Co Ltd from 1993 to 2024.

Year Net Assets Change
2024-12-31 CN¥12.12 Billion -19.06%
2023-12-31 CN¥14.98 Billion -0.84%
2022-12-31 CN¥15.10 Billion +1.47%
2021-12-31 CN¥14.88 Billion +5.47%
2020-12-31 CN¥14.11 Billion -0.24%
2019-12-31 CN¥14.15 Billion +3.01%
2018-12-31 CN¥13.73 Billion +8.44%
2017-12-31 CN¥12.66 Billion +14.26%
2016-12-31 CN¥11.08 Billion +20.25%
2015-12-31 CN¥9.22 Billion +6.69%
2014-12-31 CN¥8.64 Billion +19.48%
2013-12-31 CN¥7.23 Billion -2.13%
2012-12-31 CN¥7.39 Billion -2.09%
2011-12-31 CN¥7.55 Billion +14.04%
2010-12-31 CN¥6.62 Billion +6.43%
2009-12-31 CN¥6.22 Billion +3.26%
2008-12-31 CN¥6.02 Billion +6.12%
2007-12-31 CN¥5.67 Billion +213.99%
2006-12-31 CN¥1.81 Billion +8.63%
2005-12-31 CN¥1.66 Billion +14.57%
2004-12-31 CN¥1.45 Billion +11.53%
2003-12-31 CN¥1.30 Billion +0.59%
2002-12-31 CN¥1.29 Billion -5.42%
2001-12-31 CN¥1.37 Billion -8.59%
2000-12-31 CN¥1.50 Billion -5.48%
1999-12-31 CN¥1.58 Billion -9.61%
1998-12-31 CN¥1.75 Billion +31.18%
1997-12-31 CN¥1.34 Billion +175.40%
1996-12-31 CN¥485.01 Million +305.12%
1995-12-31 CN¥119.72 Million -7.69%
1994-12-31 CN¥129.69 Million +17.15%
1993-12-31 CN¥110.70 Million --

Equity Component Analysis

This analysis shows how different components contribute to North Huajin Chemical Industries Co Ltd'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 274638439400.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥2.75 Billion 23.92%
Common Stock CN¥1.60 Billion 13.93%
Other Components CN¥7.13 Billion 62.15%
Total Equity CN¥11.48 Billion 100.00%

North Huajin Chemical Industries Co Ltd Competitors by Market Cap

The table below lists competitors of North Huajin Chemical Industries Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in North Huajin Chemical Industries Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 14,287,249,843 to 11,480,219,430, a change of -2,807,030,413 (-19.6%).
  • Net loss of 2,794,763,925 reduced equity.
  • Dividend payments of 295,167,210 reduced retained earnings.
  • Other factors increased equity by 282,900,722.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-2.79 Billion -24.34%
Dividends Paid CN¥295.17 Million -2.57%
Other Changes CN¥282.90 Million +2.46%
Total Change CN¥- -19.65%

Book Value vs Market Value Analysis

This analysis compares North Huajin Chemical Industries Co Ltd'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: 0.82x
  • 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 40.55x to 0.82x 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 CN¥0.14 CN¥5.87 x
1994-12-31 CN¥0.17 CN¥5.87 x
1995-12-31 CN¥0.16 CN¥5.87 x
1996-12-31 CN¥0.63 CN¥5.87 x
1997-12-31 CN¥1.70 CN¥5.87 x
1998-12-31 CN¥2.24 CN¥5.87 x
1999-12-31 CN¥2.03 CN¥5.87 x
2000-12-31 CN¥1.92 CN¥5.87 x
2001-12-31 CN¥1.75 CN¥5.87 x
2002-12-31 CN¥1.66 CN¥5.87 x
2003-12-31 CN¥1.66 CN¥5.87 x
2004-12-31 CN¥1.86 CN¥5.87 x
2005-12-31 CN¥2.18 CN¥5.87 x
2006-12-31 CN¥2.73 CN¥5.87 x
2007-12-31 CN¥4.73 CN¥5.87 x
2008-12-31 CN¥5.02 CN¥5.87 x
2009-12-31 CN¥5.18 CN¥5.87 x
2010-12-31 CN¥5.48 CN¥5.87 x
2011-12-31 CN¥6.23 CN¥5.87 x
2012-12-31 CN¥6.08 CN¥5.87 x
2013-12-31 CN¥5.98 CN¥5.87 x
2014-12-31 CN¥7.16 CN¥5.87 x
2015-12-31 CN¥5.65 CN¥5.87 x
2016-12-31 CN¥6.68 CN¥5.87 x
2017-12-31 CN¥7.58 CN¥5.87 x
2018-12-31 CN¥8.29 CN¥5.87 x
2019-12-31 CN¥8.51 CN¥5.87 x
2020-12-31 CN¥8.46 CN¥5.87 x
2021-12-31 CN¥8.93 CN¥5.87 x
2022-12-31 CN¥9.02 CN¥5.87 x
2023-12-31 CN¥8.13 CN¥5.87 x
2024-12-31 CN¥7.18 CN¥5.87 x

Capital Efficiency Dashboard

This dashboard shows how efficiently North Huajin Chemical Industries Co Ltd 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): -24.34%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -8.08%
  • • Asset Turnover: 1.23x
  • • Equity Multiplier: 2.45x
  • Recent ROE (-24.34%) is below the historical average (16.07%), 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 120.32% 31.77% 2.21x 1.71x CN¥122.12 Million
1994 113.83% 28.25% 2.65x 1.52x CN¥134.65 Million
1995 132.73% 26.84% 2.98x 1.66x CN¥146.93 Million
1996 43.10% 30.65% 1.18x 1.20x CN¥160.55 Million
1997 18.93% 18.16% 0.49x 2.15x CN¥116.17 Million
1998 1.33% 1.83% 0.43x 1.71x CN¥-148.72 Million
1999 6.87% 7.63% 0.49x 1.83x CN¥-48.49 Million
2000 0.17% 0.22% 0.44x 1.74x CN¥-144.15 Million
2001 0.00% 0.00% 0.44x 1.82x CN¥-134.02 Million
2002 -4.81% -4.47% 0.54x 1.97x CN¥-187.52 Million
2003 0.37% 0.31% 0.58x 2.11x CN¥-122.51 Million
2004 8.98% 7.67% 0.55x 2.13x CN¥-14.44 Million
2005 14.45% 12.95% 0.45x 2.50x CN¥74.11 Million
2006 5.56% 4.05% 0.55x 2.48x CN¥-80.32 Million
2007 4.23% 7.16% 0.37x 1.58x CN¥-327.32 Million
2008 6.39% 10.49% 0.22x 2.78x CN¥-217.29 Million
2009 3.15% 7.13% 0.13x 3.45x CN¥-425.64 Million
2010 6.27% 1.72% 0.90x 4.04x CN¥-244.97 Million
2011 11.25% 2.36% 1.25x 3.81x CN¥93.86 Million
2012 0.27% 0.05% 1.10x 4.47x CN¥-712.69 Million
2013 -2.16% -0.37% 1.46x 3.97x CN¥-872.38 Million
2014 -17.60% -3.43% 1.43x 3.59x CN¥-2.37 Billion
2015 3.72% 1.06% 1.03x 3.38x CN¥-556.00 Million
2016 16.91% 6.20% 0.93x 2.94x CN¥736.60 Million
2017 15.17% 5.47% 1.09x 2.55x CN¥629.26 Million
2018 8.69% 3.09% 1.14x 2.46x CN¥-173.04 Million
2019 7.30% 2.51% 1.35x 2.16x CN¥-367.95 Million
2020 2.40% 1.07% 1.09x 2.06x CN¥-1.03 Billion
2021 6.60% 2.44% 1.20x 2.25x CN¥-485.60 Million
2022 3.67% 1.08% 1.50x 2.26x CN¥-913.50 Million
2023 0.49% 0.15% 1.45x 2.23x CN¥-1.36 Billion
2024 -24.34% -8.08% 1.23x 2.45x CN¥-3.94 Billion

Industry Comparison

This section compares North Huajin Chemical Industries Co Ltd's net assets metrics with peer companies in the Chemicals industry.

Industry Context

  • Industry: Chemicals
  • Average net assets among peers: $2,227,969,488
  • Average return on equity (ROE) among peers: 13.44%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
North Huajin Chemical Industries Co Ltd (000059) CN¥10.74 Billion 120.32% 1.28x $677.73 Million
Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) $1.22 Billion 8.90% 0.47x $2.89 Billion
Zangge Holding Co Ltd (000408) $13.85 Billion 18.63% 0.09x $11.87 Billion
Sichuan Jinlu Group Co Ltd (000510) $31.03 Million 11.65% 3.42x $1.15 Billion
Jilin Gpro Titanium Industry Co Ltd (000545) $258.76 Million 6.78% 0.30x $423.89 Million
Aoyuan Beauty Valley Technology Co Ltd (000615) $54.68 Million 39.27% 1.16x $225.85 Million
Ningxia Younglight Chemicals Co Ltd (000635) $184.46 Million 13.30% 2.58x $295.21 Million
Maoming Petro-Chemical Shihua Co Ltd (000637) $691.87 Million 1.61% 0.02x $187.22 Million
Shenyang Chemical Industry Co Ltd (000698) $3.01 Billion 7.14% 1.28x $240.44 Million
Hubei Shuanghuan Science and Technology Stock Co Ltd (000707) $759.12 Million 13.65% 0.22x $412.94 Million