Maoming Petro-Chemical Shihua Co Ltd

SHE:000637 China Chemicals
Market Cap
$342.93 Million
CN¥2.52 Billion CNY
Market Cap Rank
#15370 Global
#4098 in China
Share Price
CN¥4.84
Change (1 day)
-1.83%
52-Week Range
CN¥3.10 - CN¥5.70
All Time High
CN¥8.11
Categories
Companies in China Chemicals
About

Maoming Petro-Chemical Shihua Co., Ltd manufactures and sells petrochemicals in the People's Republic of China. It offers esters, polypropylene, liquefied petroleum gas, light and industrial white oil, commercial propane butane mixture, sec-butyl acetate, methyl tert-butyl ether, ethanolamine, isobutane, refined propane, hydrogen peroxide, carbon nine and five, tar resin, hydrogenated C9, cold po… Read more

Maoming Petro-Chemical Shihua Co Ltd (000637) - Net Assets

Latest net assets as of June 2025: CN¥671.73 Million CNY

Based on the latest financial reports, Maoming Petro-Chemical Shihua Co Ltd (000637) has net assets worth CN¥671.73 Million CNY as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.18 Billion) and total liabilities (CN¥1.51 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¥671.73 Million
% of Total Assets 30.82%
Annual Growth Rate 6.19%
5-Year Change -23.06%
10-Year Change -19.8%
Growth Volatility 21.64

Maoming Petro-Chemical Shihua Co Ltd - Net Assets Trend (1995–2024)

This chart illustrates how Maoming Petro-Chemical Shihua 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 Maoming Petro-Chemical Shihua Co Ltd (1995–2024)

The table below shows the annual net assets of Maoming Petro-Chemical Shihua Co Ltd from 1995 to 2024.

Year Net Assets Change
2024-12-31 CN¥758.08 Million -13.25%
2023-12-31 CN¥873.91 Million -15.29%
2022-12-31 CN¥1.03 Billion -11.46%
2021-12-31 CN¥1.17 Billion +18.25%
2020-12-31 CN¥985.33 Million -4.67%
2019-12-31 CN¥1.03 Billion +9.13%
2018-12-31 CN¥947.14 Million -4.32%
2017-12-31 CN¥989.91 Million +5.10%
2016-12-31 CN¥941.85 Million -0.36%
2015-12-31 CN¥945.21 Million +5.57%
2014-12-31 CN¥895.32 Million +3.74%
2013-12-31 CN¥863.05 Million +5.11%
2012-12-31 CN¥821.10 Million +13.50%
2011-12-31 CN¥723.47 Million -12.25%
2010-12-31 CN¥824.49 Million +10.77%
2009-12-31 CN¥744.34 Million +7.58%
2008-12-31 CN¥691.87 Million -10.26%
2007-12-31 CN¥771.01 Million +9.73%
2006-12-31 CN¥702.67 Million +14.94%
2005-12-31 CN¥611.31 Million -9.37%
2004-12-31 CN¥674.52 Million -4.30%
2003-12-31 CN¥704.85 Million +26.21%
2002-12-31 CN¥558.49 Million +5.80%
2001-12-31 CN¥527.87 Million +7.20%
2000-12-31 CN¥492.40 Million +7.55%
1999-12-31 CN¥457.82 Million +8.12%
1998-12-31 CN¥423.45 Million +89.13%
1997-12-31 CN¥223.90 Million +1.32%
1996-12-31 CN¥220.98 Million +66.56%
1995-12-31 CN¥132.67 Million --

Equity Component Analysis

This analysis shows how different components contribute to Maoming Petro-Chemical Shihua 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 586.6% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥519.88 Million 80.58%
Other Comprehensive Income CN¥235.85 Million 36.56%
Other Components CN¥7.22 Million 1.12%
Total Equity CN¥645.13 Million 100.00%

Maoming Petro-Chemical Shihua Co Ltd Competitors by Market Cap

The table below lists competitors of Maoming Petro-Chemical Shihua Co Ltd ranked by their market capitalization.

Company Market Cap
Rain Industries Limited
NSE:RAIN
 		$187.25 Million
Long Chen Paper Co Ltd
TW:1909
 		$187.28 Million
Weyco Group Inc
NASDAQ:WEYS
 		$187.41 Million
Jiujiang Shanshui Technology Co.Ltd
SHE:301190
 		$187.44 Million
CHINA GLASS HLDGS
MU:C8G1
 		$187.21 Million
Allot Ltd.
LSE:0YI6
 		$187.20 Million
Zhangjiagang Haiguo New Energy Equipment Manufacturing Co. Ltd.
SHE:301063
 		$187.18 Million
Yonyou Auto Information Technology (Shanghai) Co. Ltd.
SHG:688479
 		$187.14 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Maoming Petro-Chemical Shihua Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 728,305,124 to 645,132,659, a change of -83,172,465 (-11.4%).
  • Net loss of 83,383,070 reduced equity.
  • Dividend payments of 32,318,500 reduced retained earnings.
  • Other comprehensive income increased equity by 235,845,759.
  • Other factors decreased equity by 203,316,654.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-83.38 Million -12.92%
Dividends Paid CN¥32.32 Million -5.01%
Other Comprehensive Income CN¥235.85 Million +36.56%
Other Changes CN¥-203.32 Million -31.52%
Total Change CN¥- -11.42%

Book Value vs Market Value Analysis

This analysis compares Maoming Petro-Chemical Shihua 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: 3.91x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 19.13x to 3.91x 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¥0.25 CN¥4.84 x
1996-12-31 CN¥0.42 CN¥4.84 x
1997-12-31 CN¥0.43 CN¥4.84 x
1998-12-31 CN¥0.81 CN¥4.84 x
1999-12-31 CN¥0.88 CN¥4.84 x
2000-12-31 CN¥0.95 CN¥4.84 x
2001-12-31 CN¥1.02 CN¥4.84 x
2002-12-31 CN¥0.67 CN¥4.84 x
2003-12-31 CN¥0.76 CN¥4.84 x
2004-12-31 CN¥0.75 CN¥4.84 x
2005-12-31 CN¥0.69 CN¥4.84 x
2006-12-31 CN¥1.03 CN¥4.84 x
2007-12-31 CN¥1.48 CN¥4.84 x
2008-12-31 CN¥1.08 CN¥4.84 x
2009-12-31 CN¥1.42 CN¥4.84 x
2010-12-31 CN¥1.57 CN¥4.84 x
2011-12-31 CN¥1.75 CN¥4.84 x
2012-12-31 CN¥1.54 CN¥4.84 x
2013-12-31 CN¥1.47 CN¥4.84 x
2014-12-31 CN¥1.58 CN¥4.84 x
2015-12-31 CN¥1.63 CN¥4.84 x
2016-12-31 CN¥1.67 CN¥4.84 x
2017-12-31 CN¥1.72 CN¥4.84 x
2018-12-31 CN¥1.61 CN¥4.84 x
2019-12-31 CN¥1.76 CN¥4.84 x
2020-12-31 CN¥1.87 CN¥4.84 x
2021-12-31 CN¥2.02 CN¥4.84 x
2022-12-31 CN¥1.68 CN¥4.84 x
2023-12-31 CN¥1.42 CN¥4.84 x
2024-12-31 CN¥1.24 CN¥4.84 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Maoming Petro-Chemical Shihua 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): -12.92%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -2.22%
  • • Asset Turnover: 1.57x
  • • Equity Multiplier: 3.71x
  • Recent ROE (-12.92%) is below the historical average (7.67%), 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 24.58% 10.14% 1.16x 2.09x CN¥19.16 Million
1996 19.18% 10.83% 1.25x 1.41x CN¥20.16 Million
1997 24.96% 13.49% 1.18x 1.57x CN¥33.34 Million
1998 10.99% 9.48% 0.93x 1.24x CN¥4.18 Million
1999 16.24% 8.22% 1.63x 1.21x CN¥28.56 Million
2000 10.16% 3.56% 2.49x 1.15x CN¥764.21K
2001 11.23% 4.73% 2.13x 1.11x CN¥6.51 Million
2002 11.37% 4.41% 2.06x 1.25x CN¥7.66 Million
2003 11.00% 3.49% 1.80x 1.75x CN¥6.34 Million
2004 3.29% 0.99% 1.55x 2.15x CN¥-42.16 Million
2005 -5.70% -1.55% 1.23x 3.00x CN¥-90.31 Million
2006 17.21% 3.22% 4.93x 1.08x CN¥50.66 Million
2007 16.41% 3.86% 3.87x 1.10x CN¥49.44 Million
2008 1.61% 0.29% 5.37x 1.02x CN¥-58.03 Million
2009 20.41% 5.60% 2.93x 1.24x CN¥77.49 Million
2010 10.82% 2.48% 4.31x 1.01x CN¥6.75 Million
2011 1.02% 0.18% 5.68x 1.01x CN¥-64.96 Million
2012 4.54% 0.97% 3.76x 1.24x CN¥-41.44 Million
2013 6.14% 1.49% 3.12x 1.32x CN¥-30.39 Million
2014 8.89% 1.80% 3.31x 1.49x CN¥-9.07 Million
2015 10.41% 2.92% 2.41x 1.48x CN¥3.53 Million
2016 7.18% 2.07% 2.31x 1.50x CN¥-24.11 Million
2017 11.02% 2.25% 3.65x 1.34x CN¥9.20 Million
2018 4.34% 0.86% 3.48x 1.44x CN¥-48.61 Million
2019 9.64% 2.11% 2.86x 1.60x CN¥-3.43 Million
2020 -0.04% -0.01% 2.08x 2.11x CN¥-91.27 Million
2021 7.92% 1.47% 1.93x 2.79x CN¥-21.56 Million
2022 -14.31% -2.08% 2.09x 3.29x CN¥-213.83 Million
2023 -17.55% -2.83% 1.81x 3.43x CN¥-200.66 Million
2024 -12.92% -2.22% 1.57x 3.71x CN¥-147.90 Million

Industry Comparison

This section compares Maoming Petro-Chemical Shihua Co Ltd's net assets metrics with peer companies in the Chemicals industry.

Industry Context

  • Industry: Chemicals
  • Average net assets among peers: $2,841,921,024
  • Average return on equity (ROE) among peers: 13.61%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Maoming Petro-Chemical Shihua Co Ltd (000637) CN¥671.73 Million 24.58% 2.24x $187.22 Million
North Huajin Chemical Industries Co Ltd (000059) $6.22 Billion 3.15% 2.45x $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
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