Shenyang Chemical Industry Co Ltd

SHE:000698 China Chemicals
Market Cap
$455.71 Million
CN¥3.34 Billion CNY
Market Cap Rank
#14039 Global
#3658 in China
Share Price
CN¥4.08
Change (1 day)
-0.97%
52-Week Range
CN¥2.96 - CN¥4.40
All Time High
CN¥10.34
Categories
Companies in China Chemicals
About

Shenyang Chemical Co., Ltd provides chlor-alkali chemicals, deep oil processing and new chemical materials in China and internationally. The company offers chlorine and alkali chemicals, including diaphragm and membrane process sodium hydroxide, sodium hypochlorite, industrial liquid chlorine, and industrial synthetic hydrochloric acid. It also provides petrochemical products, such as liquefied p… Read more

Shenyang Chemical Industry Co Ltd (000698) - Net Assets

Latest net assets as of September 2025: CN¥1.48 Billion CNY

Based on the latest financial reports, Shenyang Chemical Industry Co Ltd (000698) has net assets worth CN¥1.48 Billion CNY as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥5.20 Billion) and total liabilities (CN¥3.72 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¥1.48 Billion
% of Total Assets 28.41%
Annual Growth Rate 5.99%
5-Year Change -66.27%
10-Year Change -64.42%
Growth Volatility 39.47

Shenyang Chemical Industry Co Ltd - Net Assets Trend (1993–2024)

This chart illustrates how Shenyang Chemical Industry 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 Shenyang Chemical Industry Co Ltd (1993–2024)

The table below shows the annual net assets of Shenyang Chemical Industry Co Ltd from 1993 to 2024.

Year Net Assets Change
2024-12-31 CN¥1.38 Billion -11.30%
2023-12-31 CN¥1.55 Billion -22.67%
2022-12-31 CN¥2.01 Billion -51.25%
2021-12-31 CN¥4.12 Billion +0.86%
2020-12-31 CN¥4.09 Billion +9.74%
2019-12-31 CN¥3.72 Billion -17.36%
2018-12-31 CN¥4.51 Billion +2.70%
2017-12-31 CN¥4.39 Billion +4.15%
2016-12-31 CN¥4.21 Billion +8.76%
2015-12-31 CN¥3.87 Billion +24.78%
2014-12-31 CN¥3.10 Billion +0.53%
2013-12-31 CN¥3.09 Billion +0.99%
2012-12-31 CN¥3.06 Billion -5.08%
2011-12-31 CN¥3.22 Billion +7.01%
2010-12-31 CN¥3.01 Billion +7.53%
2009-12-31 CN¥2.80 Billion -0.34%
2008-12-31 CN¥2.81 Billion +66.95%
2007-12-31 CN¥1.68 Billion +8.69%
2006-12-31 CN¥1.55 Billion +6.37%
2005-12-31 CN¥1.45 Billion -14.73%
2004-12-31 CN¥1.71 Billion +0.41%
2003-12-31 CN¥1.70 Billion +4.13%
2002-12-31 CN¥1.63 Billion -2.58%
2001-12-31 CN¥1.68 Billion -1.38%
2000-12-31 CN¥1.70 Billion +12.52%
1999-12-31 CN¥1.51 Billion +6.92%
1998-12-31 CN¥1.41 Billion +57.71%
1997-12-31 CN¥895.24 Million +196.45%
1996-12-31 CN¥301.99 Million +14.45%
1995-12-31 CN¥263.86 Million +7.94%
1994-12-31 CN¥244.44 Million +7.69%
1993-12-31 CN¥226.99 Million --

Equity Component Analysis

This analysis shows how different components contribute to Shenyang Chemical Industry 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 115327717200.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥819.51 Million 59.48%
Other Comprehensive Income CN¥424.50 Million 30.81%
Other Components CN¥1.29 Billion 93.41%
Total Equity CN¥1.38 Billion 100.00%

Shenyang Chemical Industry Co Ltd Competitors by Market Cap

The table below lists competitors of Shenyang Chemical Industry Co Ltd ranked by their market capitalization.

Company Market Cap
Zhejiang Goldensea Envi Tech C
SHG:603311
 		$240.57 Million
CyberPower Systems Inc
TW:3617
 		$240.62 Million
Hibiscus Petroleum BHD
KLSE:5199
 		$240.67 Million
ZheJiang Haers Vacuum Containers Co Ltd
SHE:002615
 		$240.71 Million
PNC Infratech Limited
NSE:PNCINFRA
 		$240.32 Million
Radiant Logistics Inc
NYSE MKT:RLGT
 		$240.28 Million
Fujian Sanmu Group Co Ltd
SHE:000632
 		$240.23 Million
Hoang Anh Gia Lai Agricultural JSC
VN:HNG
 		$240.20 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,542,432,318 to 1,377,888,524, a change of -164,543,794 (-10.7%).
  • Net loss of 168,029,551 reduced equity.
  • Dividend payments of 58,665,994 reduced retained earnings.
  • Other comprehensive income increased equity by 415,618,290.
  • Other factors decreased equity by 353,466,539.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-168.03 Million -12.19%
Dividends Paid CN¥58.67 Million -4.26%
Other Comprehensive Income CN¥415.62 Million +30.16%
Other Changes CN¥-353.47 Million -25.65%
Total Change CN¥- -10.67%

Book Value vs Market Value Analysis

This analysis compares Shenyang Chemical Industry 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: 2.37x
  • 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 9.87x to 2.37x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1993-12-31 CN¥0.41 CN¥4.08 x
1994-12-31 CN¥0.45 CN¥4.08 x
1995-12-31 CN¥0.48 CN¥4.08 x
1996-12-31 CN¥0.55 CN¥4.08 x
1997-12-31 CN¥1.61 CN¥4.08 x
1998-12-31 CN¥2.22 CN¥4.08 x
1999-12-31 CN¥2.38 CN¥4.08 x
2000-12-31 CN¥2.73 CN¥4.08 x
2001-12-31 CN¥2.65 CN¥4.08 x
2002-12-31 CN¥2.56 CN¥4.08 x
2003-12-31 CN¥2.61 CN¥4.08 x
2004-12-31 CN¥2.66 CN¥4.08 x
2005-12-31 CN¥2.40 CN¥4.08 x
2006-12-31 CN¥2.56 CN¥4.08 x
2007-12-31 CN¥2.95 CN¥4.08 x
2008-12-31 CN¥4.51 CN¥4.08 x
2009-12-31 CN¥4.08 CN¥4.08 x
2010-12-31 CN¥4.63 CN¥4.08 x
2011-12-31 CN¥4.92 CN¥4.08 x
2012-12-31 CN¥4.56 CN¥4.08 x
2013-12-31 CN¥4.69 CN¥4.08 x
2014-12-31 CN¥3.76 CN¥4.08 x
2015-12-31 CN¥4.76 CN¥4.08 x
2016-12-31 CN¥5.21 CN¥4.08 x
2017-12-31 CN¥5.28 CN¥4.08 x
2018-12-31 CN¥5.36 CN¥4.08 x
2019-12-31 CN¥4.53 CN¥4.08 x
2020-12-31 CN¥4.97 CN¥4.08 x
2021-12-31 CN¥5.02 CN¥4.08 x
2022-12-31 CN¥2.44 CN¥4.08 x
2023-12-31 CN¥1.88 CN¥4.08 x
2024-12-31 CN¥1.72 CN¥4.08 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shenyang Chemical Industry 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): -12.19%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -3.35%
  • • Asset Turnover: 1.01x
  • • Equity Multiplier: 3.60x
  • Recent ROE (-12.19%) is below the historical average (1.10%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1993 20.99% 9.27% 0.91x 2.49x CN¥24.94 Million
1994 12.98% 6.41% 0.84x 2.42x CN¥7.29 Million
1995 13.38% 5.27% 0.78x 3.25x CN¥8.92 Million
1996 22.52% 9.65% 0.79x 2.96x CN¥37.81 Million
1997 9.44% 12.27% 0.41x 1.89x CN¥-4.97 Million
1998 9.06% 17.00% 0.23x 2.29x CN¥-11.53 Million
1999 8.86% 9.60% 0.38x 2.41x CN¥-14.92 Million
2000 12.82% 9.13% 0.68x 2.07x CN¥42.28 Million
2001 3.11% 2.50% 0.57x 2.17x CN¥-100.13 Million
2002 -0.99% -0.74% 0.68x 1.96x CN¥-154.59 Million
2003 2.94% 1.70% 0.77x 2.26x CN¥-100.98 Million
2004 3.11% 1.44% 0.94x 2.31x CN¥-100.72 Million
2005 4.08% 1.56% 1.01x 2.60x CN¥-78.15 Million
2006 6.09% 2.07% 1.04x 2.83x CN¥-54.97 Million
2007 9.51% 2.81% 1.19x 2.84x CN¥-8.01 Million
2008 3.49% 1.63% 0.89x 2.40x CN¥-179.78 Million
2009 2.45% 1.52% 0.64x 2.52x CN¥-211.11 Million
2010 7.13% 2.87% 1.09x 2.28x CN¥-86.40 Million
2011 6.51% 2.08% 1.48x 2.12x CN¥-112.55 Million
2012 -5.26% -1.57% 1.46x 2.29x CN¥-467.12 Million
2013 1.19% 0.35% 1.50x 2.27x CN¥-272.83 Million
2014 0.60% 0.18% 1.40x 2.42x CN¥-292.89 Million
2015 4.84% 1.94% 1.00x 2.48x CN¥-200.53 Million
2016 8.06% 3.85% 0.83x 2.51x CN¥-81.94 Million
2017 5.11% 1.89% 1.21x 2.24x CN¥-214.74 Million
2018 2.61% 1.09% 1.18x 2.03x CN¥-333.47 Million
2019 -20.06% -6.76% 1.24x 2.39x CN¥-1.12 Billion
2020 8.77% 3.73% 0.92x 2.56x CN¥-50.30 Million
2021 2.58% 1.05% 1.00x 2.45x CN¥-305.11 Million
2022 -88.67% -29.83% 0.87x 3.41x CN¥-1.97 Billion
2023 -29.71% -8.68% 0.87x 3.94x CN¥-612.49 Million
2024 -12.19% -3.35% 1.01x 3.60x CN¥-305.82 Million

Industry Comparison

This section compares Shenyang Chemical Industry Co Ltd's net assets metrics with peer companies in the Chemicals industry.

Industry Context

  • Industry: Chemicals
  • Average net assets among peers: $2,584,390,156
  • Average return on equity (ROE) among peers: 13.00%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shenyang Chemical Industry Co Ltd (000698) CN¥1.48 Billion 20.99% 2.52x $240.44 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
Maoming Petro-Chemical Shihua Co Ltd (000637) $691.87 Million 1.61% 0.02x $187.22 Million
Hubei Shuanghuan Science and Technology Stock Co Ltd (000707) $759.12 Million 13.65% 0.22x $412.94 Million