Changchun High & New Technology Industries Group Inc (000661) - Net Assets

Latest as of September 2025: CN¥25.94 Billion CNY ≈ $3.80 Billion USD

Based on the latest financial reports, Changchun High & New Technology Industries Group Inc (000661) has net assets worth CN¥25.94 Billion CNY (≈ $3.80 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¥31.46 Billion ≈ $4.60 Billion USD) and total liabilities (CN¥5.52 Billion ≈ $807.78 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 Changchun High & New Technology Industri (000661) asset resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥25.94 Billion
% of Total Assets	82.45%
Annual Growth Rate	18.27%
5-Year Change	111.81%
10-Year Change	971.89%
Growth Volatility	27.1

Changchun High & New Technology Industries Group Inc - Net Assets Trend (1993–2024)

This chart illustrates how Changchun High & New Technology Industries Group Inc's net assets have evolved over time, based on quarterly financial data. Also explore Changchun High & New Technology Industri (000661) total assets for the complete picture of this company's asset base.

Annual Net Assets for Changchun High & New Technology Industries Group Inc (1993–2024)

The table below shows the annual net assets of Changchun High & New Technology Industries Group Inc from 1993 to 2024. For live valuation and market cap data, see 000661 market cap overview.

Year	Net Assets	Change
2024-12-31	CN¥26.10 Billion ≈ $3.82 Billion	+4.28%
2023-12-31	CN¥25.03 Billion ≈ $3.66 Billion	+20.32%
2022-12-31	CN¥20.81 Billion ≈ $3.04 Billion	+20.70%
2021-12-31	CN¥17.24 Billion ≈ $2.52 Billion	+39.87%
2020-12-31	CN¥12.32 Billion ≈ $1.80 Billion	+39.92%
2019-12-31	CN¥8.81 Billion ≈ $1.29 Billion	+38.87%
2018-12-31	CN¥6.34 Billion ≈ $928.06 Million	+21.96%
2017-12-31	CN¥5.20 Billion ≈ $760.97 Million	+16.85%
2016-12-31	CN¥4.45 Billion ≈ $651.24 Million	+82.76%
2015-12-31	CN¥2.44 Billion ≈ $356.34 Million	+19.10%
2014-12-31	CN¥2.04 Billion ≈ $299.19 Million	+20.06%
2013-12-31	CN¥1.70 Billion ≈ $249.19 Million	+30.61%
2012-12-31	CN¥1.30 Billion ≈ $190.80 Million	+37.80%
2011-12-31	CN¥946.20 Million ≈ $138.46 Million	+17.70%
2010-12-31	CN¥803.92 Million ≈ $117.64 Million	+16.35%
2009-12-31	CN¥690.94 Million ≈ $101.11 Million	+20.91%
2008-12-31	CN¥571.43 Million ≈ $83.62 Million	+14.88%
2007-12-31	CN¥497.44 Million ≈ $72.79 Million	+1.83%
2006-12-31	CN¥488.51 Million ≈ $71.49 Million	+16.83%
2005-12-31	CN¥418.13 Million ≈ $61.19 Million	-8.05%
2004-12-31	CN¥454.72 Million ≈ $66.54 Million	+1.84%
2003-12-31	CN¥446.52 Million ≈ $65.34 Million	-21.65%
2002-12-31	CN¥569.90 Million ≈ $83.39 Million	-0.95%
2001-12-31	CN¥575.37 Million ≈ $84.20 Million	+2.76%
2000-12-31	CN¥559.91 Million ≈ $81.93 Million	-28.97%
1999-12-31	CN¥788.30 Million ≈ $115.35 Million	+3.28%
1998-12-31	CN¥763.27 Million ≈ $111.69 Million	+69.23%
1997-12-31	CN¥451.02 Million ≈ $66.00 Million	+27.44%
1996-12-31	CN¥353.90 Million ≈ $51.79 Million	+106.32%
1995-12-31	CN¥171.53 Million ≈ $25.10 Million	+20.48%
1994-12-31	CN¥142.38 Million ≈ $20.83 Million	-0.83%
1993-12-31	CN¥143.57 Million ≈ $21.01 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Changchun High & New Technology Industries Group Inc'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 1748336198500.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥17.48 Billion	76.02%
Common Stock	CN¥407.98 Million	1.77%
Other Components	CN¥5.11 Billion	22.21%
Total Equity	CN¥23.00 Billion	100.00%

Changchun High & New Technology Industries Group Inc Competitors by Market Cap

The table below lists competitors of Changchun High & New Technology Industries Group Inc ranked by their market capitalization.

Company	Market Cap
China Nonferrous Mining Corporation Limited STU:3N4	$5.07 Billion
Greek Organization of Football Prognostics S.A. AT:OPAP	$5.07 Billion
CONVATEC GRP UNSP.ADR /4 F:2CVU	$5.07 Billion
Cathay Biotech Inc SHG:688065	$5.08 Billion
Galenica Sante AG SW:GALE	$5.07 Billion
JYSKE BK. UNS.ADR 1/5 DK1 F:JYS	$5.07 Billion
Ho Chi Minh City Development Joint Stock Commercial Bank VN:HDB	$5.06 Billion
Sam Yang Foods KO:003230	$5.05 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Changchun High & New Technology Industries Group Inc's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 22,074,934,790 to 22,999,514,866, a change of 924,580,076 (4.2%).
Net income of 2,583,058,417 contributed positively to equity growth.
Dividend payments of 1,838,685,300 reduced retained earnings.
Share repurchases of 657,492,035 reduced equity.
Other comprehensive income decreased equity by 2,066,729,310.
Other factors increased equity by 2,904,428,304.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥2.58 Billion	+11.23%
Dividends Paid	CN¥1.84 Billion	-7.99%
Share Repurchases	CN¥657.49 Million	-2.86%
Other Comprehensive Income	CN¥-2.07 Billion	-8.99%
Other Changes	CN¥2.90 Billion	+12.63%
Total Change	CN¥-	4.19%

Book Value vs Market Value Analysis

This analysis compares Changchun High & New Technology Industries Group Inc'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: 1.49x
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 150.78x to 1.49x 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¥0.56	CN¥84.93	x
1996-12-31	CN¥1.16	CN¥84.93	x
1997-12-31	CN¥1.50	CN¥84.93	x
1998-12-31	CN¥2.22	CN¥84.93	x
1999-12-31	CN¥2.27	CN¥84.93	x
2000-12-31	CN¥1.48	CN¥84.93	x
2001-12-31	CN¥1.50	CN¥84.93	x
2002-12-31	CN¥1.51	CN¥84.93	x
2003-12-31	CN¥1.15	CN¥84.93	x
2004-12-31	CN¥1.15	CN¥84.93	x
2005-12-31	CN¥0.99	CN¥84.93	x
2006-12-31	CN¥1.06	CN¥84.93	x
2007-12-31	CN¥1.09	CN¥84.93	x
2008-12-31	CN¥1.18	CN¥84.93	x
2009-12-31	CN¥1.45	CN¥84.93	x
2010-12-31	CN¥1.74	CN¥84.93	x
2011-12-31	CN¥2.08	CN¥84.93	x
2012-12-31	CN¥3.08	CN¥84.93	x
2013-12-31	CN¥3.95	CN¥84.93	x
2014-12-31	CN¥4.84	CN¥84.93	x
2015-12-31	CN¥6.77	CN¥84.93	x
2016-12-31	CN¥11.46	CN¥84.93	x
2017-12-31	CN¥13.00	CN¥84.93	x
2018-12-31	CN¥15.61	CN¥84.93	x
2019-12-31	CN¥23.39	CN¥84.93	x
2020-12-31	CN¥26.77	CN¥84.93	x
2021-12-31	CN¥35.57	CN¥84.93	x
2022-12-31	CN¥44.29	CN¥84.93	x
2023-12-31	CN¥53.87	CN¥84.93	x
2024-12-31	CN¥57.16	CN¥84.93	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Changchun High & New Technology Industries Group Inc 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): 11.23%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 19.18%
• Asset Turnover: 0.43x
• Equity Multiplier: 1.35x
Recent ROE (11.23%) is below the historical average (11.61%), 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	15.90%	19.89%	0.26x	3.03x	CN¥10.02 Million
1996	15.99%	39.69%	0.19x	2.10x	CN¥21.02 Million
1997	11.10%	38.44%	0.15x	1.94x	CN¥4.97 Million
1998	10.65%	27.49%	0.20x	1.94x	CN¥4.37 Million
1999	2.03%	4.56%	0.23x	1.97x	CN¥-54.57 Million
2000	3.76%	5.36%	0.27x	2.58x	CN¥-27.92 Million
2001	0.96%	1.07%	0.32x	2.79x	CN¥-40.79 Million
2002	0.47%	0.46%	0.38x	2.68x	CN¥-43.38 Million
2003	-31.17%	-25.50%	0.27x	4.47x	CN¥-142.87 Million
2004	2.06%	1.96%	0.26x	4.00x	CN¥-27.65 Million
2005	-19.69%	-12.09%	0.34x	4.73x	CN¥-88.76 Million
2006	1.41%	0.78%	0.40x	4.54x	CN¥-27.60 Million
2007	2.28%	1.14%	0.44x	4.59x	CN¥-25.40 Million
2008	5.54%	2.50%	0.52x	4.27x	CN¥-16.18 Million
2009	16.80%	7.15%	0.66x	3.56x	CN¥29.60 Million
2010	16.56%	7.42%	0.66x	3.37x	CN¥34.26 Million
2011	17.40%	8.46%	0.63x	3.27x	CN¥46.60 Million
2012	32.26%	17.02%	0.76x	2.49x	CN¥206.87 Million
2013	23.81%	13.86%	0.73x	2.36x	CN¥164.68 Million
2014	21.79%	14.06%	0.72x	2.16x	CN¥172.15 Million
2015	21.63%	16.01%	0.63x	2.15x	CN¥206.69 Million
2016	12.43%	16.73%	0.47x	1.59x	CN¥94.87 Million
2017	14.96%	16.14%	0.56x	1.66x	CN¥219.36 Million
2018	18.96%	18.73%	0.57x	1.78x	CN¥475.59 Million
2019	21.96%	24.07%	0.58x	1.57x	CN¥966.57 Million
2020	27.87%	35.52%	0.51x	1.55x	CN¥1.95 Billion
2021	25.78%	34.96%	0.48x	1.54x	CN¥2.30 Billion
2022	22.94%	32.79%	0.49x	1.44x	CN¥2.34 Billion
2023	20.53%	31.12%	0.47x	1.39x	CN¥2.32 Billion
2024	11.23%	19.18%	0.43x	1.35x	CN¥283.11 Million

Industry Comparison

This section compares Changchun High & New Technology Industries Group Inc's net assets metrics with peer companies in the Drug Manufacturers - Specialty & Generic industry.

Industry Context

Industry: Drug Manufacturers - Specialty & Generic
Average net assets among peers: $1,347,197,696
Average return on equity (ROE) among peers: 4.46%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Changchun High & New Technology Industries Group Inc (000661)	CN¥25.94 Billion	15.90%	0.21x	$5.07 Billion
Shenzhen Neptunus Bioengineering Co Ltd (000078)	$2.84 Billion	-41.97%	9.13x	$1.22 Billion
Anhui Fengyuan Pharmaceutical Co Ltd (000153)	$638.89 Million	0.88%	0.70x	$438.59 Million
Shan Dong Dong-E E-Jiao Co Ltd (000423)	$1.05 Billion	10.46%	0.19x	$5.18 Billion
Livzon Pharmaceutical Group Inc (000513)	$1.07 Billion	3.83%	0.46x	$2.81 Billion
Wedge Industrial Co Ltd (000534)	$1.29 Billion	11.69%	1.47x	$2.95 Billion
Yunnan Baiyao Group Co Ltd (000538)	$35.11 Million	18.13%	0.80x	$13.85 Billion
Hainan Haiyao Co Ltd (000566)	$5.08 Billion	1.71%	1.08x	$949.23 Million
Tus Pharmaceutical Group Co Ltd (000590)	$141.91 Million	11.01%	0.32x	$391.07 Million
Northeast Pharmaceutical Group Co Ltd (000597)	$994.58 Million	2.01%	2.11x	$1.03 Billion
Jilin Aodong Pharmaceutical Group Co Ltd (000623)	$332.48 Million	26.89%	0.68x	$3.30 Billion

About Changchun High & New Technology Industries Group Inc

SHE:000661 China Drug Manufacturers - Specialty & Generic

Market Cap

$5.07 Billion

CN¥34.65 Billion CNY

Market Cap Rank

#3556 Global

#549 in China

Share Price

CN¥84.93

Change (1 day)

-0.62%

52-Week Range

CN¥83.76 - CN¥136.30

All Time High

CN¥1174.87