Ningxia Younglight Chemicals Co Ltd (000635) - Net Assets

Latest as of September 2025: CN¥1.54 Billion CNY ≈ $225.84 Million USD

Based on the latest financial reports, Ningxia Younglight Chemicals Co Ltd (000635) has net assets worth CN¥1.54 Billion CNY (≈ $225.84 Million 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¥2.99 Billion ≈ $437.99 Million USD) and total liabilities (CN¥1.45 Billion ≈ $212.16 Million 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 000635 financial resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥1.54 Billion
% of Total Assets 51.56%
Annual Growth Rate 13.03%
5-Year Change -59.22%
10-Year Change -60.61%
Growth Volatility 78.61

Ningxia Younglight Chemicals Co Ltd - Net Assets Trend (1995–2024)

This chart illustrates how Ningxia Younglight Chemicals Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 000635 total assets for the complete picture of this company's asset base.

Annual Net Assets for Ningxia Younglight Chemicals Co Ltd (1995–2024)

The table below shows the annual net assets of Ningxia Younglight Chemicals Co Ltd from 1995 to 2024. For live valuation and market cap data, see 000635 stock market capitalisation.

Year Net Assets Change
2024-12-31 CN¥1.10 Billion
≈ $160.98 Million
-31.30%
2023-12-31 CN¥1.60 Billion
≈ $234.33 Million
-29.43%
2022-12-31 CN¥2.27 Billion
≈ $332.04 Million
-14.62%
2021-12-31 CN¥2.66 Billion
≈ $388.92 Million
-1.47%
2020-12-31 CN¥2.70 Billion
≈ $394.74 Million
+0.97%
2019-12-31 CN¥2.67 Billion
≈ $390.96 Million
+1.01%
2018-12-31 CN¥2.64 Billion
≈ $387.03 Million
-11.41%
2017-12-31 CN¥2.99 Billion
≈ $436.87 Million
+3.12%
2016-12-31 CN¥2.90 Billion
≈ $423.64 Million
+3.65%
2015-12-31 CN¥2.79 Billion
≈ $408.74 Million
+0.91%
2014-12-31 CN¥2.77 Billion
≈ $405.04 Million
+0.87%
2013-12-31 CN¥2.74 Billion
≈ $401.54 Million
+2.38%
2012-12-31 CN¥2.68 Billion
≈ $392.20 Million
+166.63%
2011-12-31 CN¥1.01 Billion
≈ $147.10 Million
+7.55%
2010-12-31 CN¥934.64 Million
≈ $136.77 Million
+3.04%
2009-12-31 CN¥907.04 Million
≈ $132.73 Million
+18.05%
2008-12-31 CN¥768.33 Million
≈ $112.43 Million
+8.16%
2007-12-31 CN¥710.39 Million
≈ $103.95 Million
+16.89%
2006-12-31 CN¥607.74 Million
≈ $88.93 Million
+16.74%
2005-12-31 CN¥520.59 Million
≈ $76.18 Million
+51.89%
2004-12-31 CN¥342.74 Million
≈ $50.15 Million
+85.80%
2003-12-31 CN¥184.46 Million
≈ $26.99 Million
+86.26%
2002-12-31 CN¥99.03 Million
≈ $14.49 Million
-45.95%
2001-12-31 CN¥183.23 Million
≈ $26.81 Million
-61.37%
2000-12-31 CN¥474.34 Million
≈ $69.41 Million
+44.12%
1999-12-31 CN¥329.14 Million
≈ $48.16 Million
+8.88%
1998-12-31 CN¥302.31 Million
≈ $44.24 Million
+74.23%
1997-12-31 CN¥173.51 Million
≈ $25.39 Million
+16.44%
1996-12-31 CN¥149.01 Million
≈ $21.81 Million
+372.57%
1995-12-31 CN¥31.53 Million
≈ $4.61 Million
--

Equity Component Analysis

This analysis shows how different components contribute to Ningxia Younglight Chemicals 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 decreased by 23355.9% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥303.49 Million 27.59%
Other Comprehensive Income CN¥141.54 Million 12.87%
Other Components CN¥1.86 Billion 168.98%
Total Equity CN¥1.10 Billion 100.00%

Ningxia Younglight Chemicals Co Ltd Competitors by Market Cap

The table below lists competitors of Ningxia Younglight Chemicals Co Ltd ranked by their market capitalization.

Company Market Cap
AB Sagax (publ)
ST:SAGA-D
$470.82 Million
Albaraka Turk Katilim Bankasi AS
IS:ALBRK
$470.91 Million
Helgeland Sparebank
OL:HELG
$471.00 Million
Shanghai Huide Science & Technology Co Ltd
SHG:603192
$471.28 Million
Seche Environnem.
PA:SCHP
$470.57 Million
Heung-A Shipping Co. Ltd.
KO:003280
$470.56 Million
Marimekko Oyj
HE:MEKKO
$470.53 Million
Stor-Age Property REIT Ltd
JSE:SSS
$470.52 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Ningxia Younglight Chemicals Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,601,396,592 to 1,100,116,820, a change of -501,279,772 (-31.3%).
  • Net loss of 502,560,250 reduced equity.
  • Dividend payments of 11,232,214 reduced retained earnings.
  • Share repurchases of 2,751,428 reduced equity.
  • Other comprehensive income increased equity by 141,544,395.
  • Other factors decreased equity by 126,280,274.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-502.56 Million -45.68%
Dividends Paid CN¥11.23 Million -1.02%
Share Repurchases CN¥2.75 Million -0.25%
Other Comprehensive Income CN¥141.54 Million +12.87%
Other Changes CN¥-126.28 Million -11.48%
Total Change CN¥- -31.30%

Book Value vs Market Value Analysis

This analysis compares Ningxia Younglight Chemicals 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: 2.26x
  • 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 35.56x to 2.26x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1995-12-31 CN¥0.23 CN¥8.16 x
1996-12-31 CN¥1.08 CN¥8.16 x
1997-12-31 CN¥1.26 CN¥8.16 x
1998-12-31 CN¥2.20 CN¥8.16 x
1999-12-31 CN¥2.39 CN¥8.16 x
2000-12-31 CN¥3.35 CN¥8.16 x
2001-12-31 CN¥1.33 CN¥8.16 x
2002-12-31 CN¥0.72 CN¥8.16 x
2003-12-31 CN¥0.90 CN¥8.16 x
2004-12-31 CN¥1.27 CN¥8.16 x
2005-12-31 CN¥1.54 CN¥8.16 x
2006-12-31 CN¥1.83 CN¥8.16 x
2007-12-31 CN¥2.67 CN¥8.16 x
2008-12-31 CN¥2.83 CN¥8.16 x
2009-12-31 CN¥5.50 CN¥8.16 x
2010-12-31 CN¥5.28 CN¥8.16 x
2011-12-31 CN¥5.68 CN¥8.16 x
2012-12-31 CN¥9.89 CN¥8.16 x
2013-12-31 CN¥8.91 CN¥8.16 x
2014-12-31 CN¥9.16 CN¥8.16 x
2015-12-31 CN¥9.40 CN¥8.16 x
2016-12-31 CN¥9.49 CN¥8.16 x
2017-12-31 CN¥9.92 CN¥8.16 x
2018-12-31 CN¥8.87 CN¥8.16 x
2019-12-31 CN¥8.82 CN¥8.16 x
2020-12-31 CN¥8.90 CN¥8.16 x
2021-12-31 CN¥8.77 CN¥8.16 x
2022-12-31 CN¥7.49 CN¥8.16 x
2023-12-31 CN¥5.25 CN¥8.16 x
2024-12-31 CN¥3.61 CN¥8.16 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Ningxia Younglight Chemicals 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): -45.68%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -27.22%
  • • Asset Turnover: 0.72x
  • • Equity Multiplier: 2.34x
  • Recent ROE (-45.68%) is below the historical average (-2.01%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1995 19.31% 11.48% 0.54x 3.12x CN¥2.94 Million
1996 10.13% 19.45% 0.35x 1.47x CN¥190.25K
1997 14.95% 22.08% 0.43x 1.56x CN¥8.59 Million
1998 10.40% 18.54% 0.41x 1.37x CN¥1.20 Million
1999 8.77% 16.18% 0.37x 1.48x CN¥-4.06 Million
2000 6.26% 14.06% 0.28x 1.58x CN¥-17.23 Million
2001 -107.49% -140.71% 0.25x 3.00x CN¥-215.28 Million
2002 -86.04% -105.19% 0.15x 5.46x CN¥-95.11 Million
2003 19.84% 10.53% 0.35x 5.34x CN¥12.17 Million
2004 26.67% 12.75% 0.31x 6.84x CN¥29.09 Million
2005 19.29% 7.73% 0.26x 9.46x CN¥19.65 Million
2006 15.71% 3.56% 0.35x 12.60x CN¥14.38 Million
2007 26.38% 6.20% 0.42x 10.12x CN¥60.25 Million
2008 10.72% 2.05% 0.51x 10.25x CN¥2.80 Million
2009 5.76% 2.55% 0.50x 4.53x CN¥-35.10 Million
2010 13.67% 5.18% 0.67x 3.94x CN¥34.33 Million
2011 10.39% 3.73% 0.75x 3.73x CN¥3.89 Million
2012 1.13% 1.12% 0.75x 1.35x CN¥-237.66 Million
2013 2.81% 2.81% 0.77x 1.29x CN¥-197.39 Million
2014 1.89% 2.71% 0.62x 1.12x CN¥-224.50 Million
2015 1.06% 1.75% 0.54x 1.13x CN¥-249.61 Million
2016 3.79% 6.88% 0.48x 1.15x CN¥-179.72 Million
2017 3.13% 4.75% 0.57x 1.15x CN¥-205.24 Million
2018 1.02% 1.35% 0.63x 1.19x CN¥-237.64 Million
2019 1.91% 2.45% 0.67x 1.16x CN¥-216.09 Million
2020 2.58% 3.56% 0.62x 1.16x CN¥-200.17 Million
2021 0.16% 0.19% 0.75x 1.15x CN¥-261.49 Million
2022 -17.14% -20.74% 0.69x 1.20x CN¥-615.78 Million
2023 -41.70% -38.22% 0.65x 1.67x CN¥-827.91 Million
2024 -45.68% -27.22% 0.72x 2.34x CN¥-612.57 Million

Industry Comparison

This section compares Ningxia Younglight Chemicals Co Ltd's net assets metrics with peer companies in the Chemicals industry.

Industry Context

  • Industry: Chemicals
  • Average net assets among peers: $2,510,113,732
  • Average return on equity (ROE) among peers: 15.52%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Ningxia Younglight Chemicals Co Ltd (000635) CN¥1.54 Billion 19.31% 0.94x $470.62 Million
North Huajin Chemical Industries Co Ltd (000059) $12.66 Billion 14.57% 1.45x $1.33 Billion
Sichuan Chemical Co Ltd (000155) $7.35 Billion 4.73% 1.50x $4.71 Billion
Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) $246.65 Million 3.47% 1.71x $12.84 Billion
Zangge Holding Co Ltd (000408) $477.67 Million 1.53% 1.45x $20.51 Billion
Sichuan Jinlu Group Co Ltd (000510) $1.17 Billion 5.97% 1.33x $1.34 Billion
Jilin Gpro Titanium Industry Co Ltd (000545) $313.50 Million 0.80% 0.55x $436.10 Million
Aoyuan Beauty Valley Technology Co Ltd (000615) $54.68 Million 39.27% 1.16x $871.02 Million
Maoming Petro-Chemical Shihua Co Ltd (000637) $220.98 Million 19.06% 0.40x $366.68 Million
Inner Mongolia Yuan Xing Energy Co Ltd (000683) $93.73 Million 50.32% 1.49x $4.87 Billion

About Ningxia Younglight Chemicals Co Ltd

SHE:000635 China Chemicals
Market Cap
$470.62 Million
CN¥3.22 Billion CNY
Market Cap Rank
#12833 Global
#4016 in China
Share Price
CN¥8.16
Change (1 day)
-1.09%
52-Week Range
CN¥7.87 - CN¥10.70
All Time High
CN¥29.69
About

Ningxia Yinglite Chemicals Co., Ltd produces hazardous chemicals in China. The company offers calcium carbide, lime nitrogen, dicyandiamide, caustic soda, polyvinyl chloride resin, liquid chlorine, hydrochloric acid, and other related products. It is also involved in power generation, transmission, and distribution; supply of heat production, equipment repair; metal cutting and welding manufactur… Read more