Sichuan Chemical Co Ltd (000155) - Net Assets
Based on the latest financial reports, Sichuan Chemical Co Ltd (000155) has net assets worth CN¥12.69 Billion CNY (≈ $1.86 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥28.26 Billion ≈ $4.14 Billion USD) and total liabilities (CN¥15.57 Billion ≈ $2.28 Billion USD). 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 asset resilience ratio of Sichuan Chemical Co Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥12.69 Billion |
| % of Total Assets | 44.91% |
| Annual Growth Rate | 12.66% |
| 5-Year Change | 177.61% |
| 10-Year Change | N/A |
| Growth Volatility | 54.54 |
Sichuan Chemical Co Ltd - Net Assets Trend (1997–2024)
This chart illustrates how Sichuan Chemical Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Sichuan Chemical Co Ltd balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Sichuan Chemical Co Ltd (1997–2024)
The table below shows the annual net assets of Sichuan Chemical Co Ltd from 1997 to 2024. For live valuation and market cap data, see 000155 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥12.63 Billion ≈ $1.85 Billion |
+25.64% |
| 2023-12-31 | CN¥10.05 Billion ≈ $1.47 Billion |
+14.53% |
| 2022-12-31 | CN¥8.78 Billion ≈ $1.28 Billion |
+19.47% |
| 2021-12-31 | CN¥7.35 Billion ≈ $1.08 Billion |
+61.49% |
| 2020-12-31 | CN¥4.55 Billion ≈ $665.84 Million |
+7.77% |
| 2019-12-31 | CN¥4.22 Billion ≈ $617.82 Million |
+11.45% |
| 2018-12-31 | CN¥3.79 Billion ≈ $554.37 Million |
+3.05% |
| 2017-12-31 | CN¥3.68 Billion ≈ $537.96 Million |
+5.98% |
| 2016-12-31 | CN¥3.47 Billion ≈ $507.58 Million |
+313.05% |
| 2015-12-31 | CN¥-1.63 Billion ≈ $-238.25 Million |
-85.58% |
| 2014-12-31 | CN¥-877.31 Million ≈ $-128.38 Million |
-215.99% |
| 2013-12-31 | CN¥756.39 Million ≈ $110.68 Million |
-48.30% |
| 2012-12-31 | CN¥1.46 Billion ≈ $214.10 Million |
-2.28% |
| 2011-12-31 | CN¥1.50 Billion ≈ $219.09 Million |
-12.13% |
| 2010-12-31 | CN¥1.70 Billion ≈ $249.34 Million |
-12.18% |
| 2009-12-31 | CN¥1.94 Billion ≈ $283.93 Million |
+1.38% |
| 2008-12-31 | CN¥1.91 Billion ≈ $280.07 Million |
+5.87% |
| 2007-12-31 | CN¥1.81 Billion ≈ $264.53 Million |
+2.04% |
| 2006-12-31 | CN¥1.77 Billion ≈ $259.26 Million |
+6.50% |
| 2005-12-31 | CN¥1.66 Billion ≈ $243.43 Million |
+12.80% |
| 2004-12-31 | CN¥1.47 Billion ≈ $215.80 Million |
-1.34% |
| 2003-12-31 | CN¥1.49 Billion ≈ $218.74 Million |
+5.82% |
| 2002-12-31 | CN¥1.41 Billion ≈ $206.72 Million |
+2.18% |
| 2001-12-31 | CN¥1.38 Billion ≈ $202.31 Million |
+5.13% |
| 2000-12-31 | CN¥1.32 Billion ≈ $192.44 Million |
+137.82% |
| 1999-12-31 | CN¥553.00 Million ≈ $80.92 Million |
+22.24% |
| 1998-12-31 | CN¥452.40 Million ≈ $66.20 Million |
-10.55% |
| 1997-12-31 | CN¥505.75 Million ≈ $74.01 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Sichuan Chemical 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 18450.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.10 Billion | 10.72% |
| Common Stock | CN¥1.85 Billion | 17.96% |
| Other Comprehensive Income | CN¥311.13 Million | 3.03% |
| Other Components | CN¥7.02 Billion | 68.28% |
| Total Equity | CN¥10.28 Billion | 100.00% |
Sichuan Chemical Co Ltd Competitors by Market Cap
The table below lists competitors of Sichuan Chemical Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
RLI Corp
NYSE:RLI
|
$4.51 Billion |
|
Page Industries Limited
NSE:PAGEIND
|
$4.51 Billion |
|
Liberty Broadband Srs C
NASDAQ:LBRDK
|
$4.51 Billion |
|
Grand Canyon Education Inc
NASDAQ:LOPE
|
$4.51 Billion |
|
Thunder Software Technology Co Ltd
SHE:300496
|
$4.50 Billion |
|
RadNet Inc
NASDAQ:RDNT
|
$4.50 Billion |
|
Akero Therapeutics Inc
NASDAQ:AKRO
|
$4.50 Billion |
|
Companhia Energética de Minas Gerais
F:CID
|
$4.50 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sichuan Chemical Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 7,387,846,886 to 10,276,598,592, a change of 2,888,751,706 (39.1%).
- Net income of 726,889,576 contributed positively to equity growth.
- Dividend payments of 614,543,169 reduced retained earnings.
- Other comprehensive income increased equity by 305,788,049.
- Other factors increased equity by 2,470,617,250.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥726.89 Million | +7.07% |
| Dividends Paid | CN¥614.54 Million | -5.98% |
| Other Comprehensive Income | CN¥305.79 Million | +2.98% |
| Other Changes | CN¥2.47 Billion | +24.04% |
| Total Change | CN¥- | 39.10% |
Book Value vs Market Value Analysis
This analysis compares Sichuan Chemical 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: 2.81x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 15.33x to 2.81x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | CN¥1.09 | CN¥16.68 | x |
| 1998-12-31 | CN¥0.97 | CN¥16.68 | x |
| 1999-12-31 | CN¥1.19 | CN¥16.68 | x |
| 2000-12-31 | CN¥2.83 | CN¥16.68 | x |
| 2001-12-31 | CN¥2.97 | CN¥16.68 | x |
| 2002-12-31 | CN¥3.04 | CN¥16.68 | x |
| 2003-12-31 | CN¥3.21 | CN¥16.68 | x |
| 2004-12-31 | CN¥3.11 | CN¥16.68 | x |
| 2005-12-31 | CN¥3.51 | CN¥16.68 | x |
| 2006-12-31 | CN¥3.57 | CN¥16.68 | x |
| 2007-12-31 | CN¥3.51 | CN¥16.68 | x |
| 2008-12-31 | CN¥3.73 | CN¥16.68 | x |
| 2009-12-31 | CN¥3.89 | CN¥16.68 | x |
| 2010-12-31 | CN¥3.36 | CN¥16.68 | x |
| 2011-12-31 | CN¥2.93 | CN¥16.68 | x |
| 2012-12-31 | CN¥2.38 | CN¥16.68 | x |
| 2013-12-31 | CN¥1.56 | CN¥16.68 | x |
| 2014-12-31 | CN¥-1.75 | CN¥16.68 | x |
| 2015-12-31 | CN¥-3.02 | CN¥16.68 | x |
| 2016-12-31 | CN¥6.09 | CN¥16.68 | x |
| 2017-12-31 | CN¥2.41 | CN¥16.68 | x |
| 2018-12-31 | CN¥2.60 | CN¥16.68 | x |
| 2019-12-31 | CN¥2.77 | CN¥16.68 | x |
| 2020-12-31 | CN¥2.90 | CN¥16.68 | x |
| 2021-12-31 | CN¥3.26 | CN¥16.68 | x |
| 2022-12-31 | CN¥3.63 | CN¥16.68 | x |
| 2023-12-31 | CN¥5.00 | CN¥16.68 | x |
| 2024-12-31 | CN¥5.94 | CN¥16.68 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sichuan Chemical 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): 7.07%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 23.79%
- • Asset Turnover: 0.12x
- • Equity Multiplier: 2.45x
- Recent ROE (7.07%) is above the historical average (4.11%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 22.40% | 11.45% | 0.90x | 2.18x | CN¥62.70 Million |
| 1998 | 20.36% | 8.49% | 0.81x | 2.97x | CN¥46.86 Million |
| 1999 | 18.19% | 9.74% | 0.79x | 2.35x | CN¥45.30 Million |
| 2000 | 7.09% | 8.94% | 0.59x | 1.35x | CN¥-38.26 Million |
| 2001 | 4.20% | 6.11% | 0.49x | 1.41x | CN¥-80.20 Million |
| 2002 | 4.26% | 5.99% | 0.55x | 1.30x | CN¥-81.07 Million |
| 2003 | 5.66% | 7.69% | 0.58x | 1.26x | CN¥-64.93 Million |
| 2004 | 0.21% | 0.32% | 0.44x | 1.54x | CN¥-141.54 Million |
| 2005 | 14.35% | 14.41% | 0.68x | 1.47x | CN¥71.16 Million |
| 2006 | 8.13% | 8.13% | 0.62x | 1.60x | CN¥-31.36 Million |
| 2007 | 8.26% | 7.15% | 0.70x | 1.66x | CN¥-29.22 Million |
| 2008 | 7.72% | 5.12% | 0.89x | 1.69x | CN¥-39.94 Million |
| 2009 | 4.63% | 3.68% | 0.70x | 1.80x | CN¥-96.00 Million |
| 2010 | -13.41% | -10.45% | 0.59x | 2.16x | CN¥-366.07 Million |
| 2011 | -15.20% | -10.44% | 0.64x | 2.28x | CN¥-343.91 Million |
| 2012 | 0.84% | 0.54% | 0.67x | 2.32x | CN¥-124.69 Million |
| 2013 | -85.80% | -34.74% | 0.62x | 4.00x | CN¥-702.44 Million |
| 2014 | 0.00% | -186.40% | 0.62x | 0.00x | CN¥-1.49 Billion |
| 2015 | 0.00% | -176.88% | 0.44x | 0.00x | CN¥-423.03 Million |
| 2016 | 31.55% | 44.71% | 0.57x | 1.25x | CN¥614.93 Million |
| 2017 | 10.77% | 4.99% | 0.96x | 2.25x | CN¥23.13 Million |
| 2018 | 9.23% | 7.04% | 0.59x | 2.22x | CN¥-25.04 Million |
| 2019 | 6.10% | 10.47% | 0.28x | 2.06x | CN¥-137.32 Million |
| 2020 | 7.23% | 7.17% | 0.40x | 2.51x | CN¥-102.15 Million |
| 2021 | 7.22% | 7.15% | 0.27x | 3.82x | CN¥-133.58 Million |
| 2022 | 13.23% | 18.67% | 0.20x | 3.61x | CN¥173.30 Million |
| 2023 | 10.79% | 24.07% | 0.15x | 2.95x | CN¥58.64 Million |
| 2024 | 7.07% | 23.79% | 0.12x | 2.45x | CN¥-300.77 Million |
Industry Comparison
This section compares Sichuan Chemical Co Ltd's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $2,359,665,632
- Average return on equity (ROE) among peers: 42.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sichuan Chemical Co Ltd (000155) | CN¥12.69 Billion | 22.40% | 1.23x | $4.51 Billion |
| North Huajin Chemical Industries Co Ltd (000059) | $1.75 Billion | 1.31% | 0.67x | $1.22 Billion |
| Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) | $3.23 Billion | 19.53% | 0.36x | $12.43 Billion |
| Zangge Holding Co Ltd (000408) | $193.59 Million | 324.78% | 1.98x | $20.15 Billion |
| Sichuan Jinlu Group Co Ltd (000510) | $1.10 Billion | 7.29% | 1.92x | $1.56 Billion |
| Jilin Gpro Titanium Industry Co Ltd (000545) | $753.99 Million | 12.59% | 0.56x | $449.10 Million |
| Aoyuan Beauty Valley Technology Co Ltd (000615) | $671.47 Million | 0.77% | 1.87x | $881.48 Million |
| Ningxia Younglight Chemicals Co Ltd (000635) | $710.39 Million | 13.66% | 4.24x | $484.46 Million |
| Maoming Petro-Chemical Shihua Co Ltd (000637) | $723.47 Million | 1.02% | 0.01x | $363.63 Million |
| Inner Mongolia Yuan Xing Energy Co Ltd (000683) | $12.10 Billion | 0.56% | 0.92x | $4.71 Billion |
About Sichuan Chemical Co Ltd
Sichuan New Energy Power Company Limited produces and sells chemical fertilizers, basic chemical raw materials, and organic chemical products in China. It focuses on the construction, operation, and management of new energy projects, including wind farms and large-scale photovoltaic installations; and develops new energy power businesses, such as biomass energy, solar heat, and geothermal energy.… Read more