Ningxia Younglight Chemicals Co Ltd (000635) - Net Assets
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 |
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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
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