Hengyi Petrochemical Co Ltd (000703) - Net Assets

Latest as of June 2026: CN¥39.71 Billion CNY ≈ $5.81 Billion USD

Based on the latest financial reports, Hengyi Petrochemical Co Ltd (000703) has net assets worth CN¥39.71 Billion CNY (≈ $5.81 Billion USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥122.44 Billion ≈ $17.92 Billion USD) and total liabilities (CN¥82.73 Billion ≈ $12.11 Billion 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 Hengyi Petrochemical Co Ltd (000703) strategic asset index to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥39.71 Billion
% of Total Assets	32.43%
Annual Growth Rate	19.94%
5-Year Change	-7.65%
10-Year Change	129.99%
Growth Volatility	418.43

Hengyi Petrochemical Co Ltd - Net Assets Trend (1993–2025)

This chart illustrates how Hengyi Petrochemical Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see 000703 market cap.

Annual Net Assets for Hengyi Petrochemical Co Ltd (1993–2025)

The table below shows the annual net assets of Hengyi Petrochemical Co Ltd from 1993 to 2025. Also explore net asset momentum of Hengyi Petrochemical Co Ltd to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2025-12-31	CN¥30.39 Billion ≈ $4.45 Billion	-1.12%
2024-12-31	CN¥30.73 Billion ≈ $4.50 Billion	-3.85%
2023-12-31	CN¥31.96 Billion ≈ $4.68 Billion	-2.13%
2022-12-31	CN¥32.66 Billion ≈ $4.78 Billion	-0.75%
2021-12-31	CN¥32.91 Billion ≈ $4.82 Billion	+8.63%
2020-12-31	CN¥30.29 Billion ≈ $4.43 Billion	+2.50%
2019-12-31	CN¥29.55 Billion ≈ $4.32 Billion	+29.46%
2018-12-31	CN¥22.83 Billion ≈ $3.34 Billion	+29.27%
2017-12-31	CN¥17.66 Billion ≈ $2.58 Billion	+33.64%
2016-12-31	CN¥13.21 Billion ≈ $1.93 Billion	+58.66%
2015-12-31	CN¥8.33 Billion ≈ $1.22 Billion	+18.72%
2014-12-31	CN¥7.01 Billion ≈ $1.03 Billion	-4.86%
2013-12-31	CN¥7.37 Billion ≈ $1.08 Billion	+5.51%
2012-12-31	CN¥6.99 Billion ≈ $1.02 Billion	-3.04%
2011-12-31	CN¥7.21 Billion ≈ $1.05 Billion	+52.93%
2010-12-31	CN¥4.71 Billion ≈ $689.60 Million	+2412.74%
2009-12-31	CN¥187.55 Million ≈ $27.44 Million	-9.74%
2008-12-31	CN¥207.78 Million ≈ $30.40 Million	-7.13%
2007-12-31	CN¥223.73 Million ≈ $32.74 Million	+4.50%
2006-12-31	CN¥214.09 Million ≈ $31.33 Million	-13.12%
2005-12-31	CN¥246.42 Million ≈ $36.06 Million	+1.28%
2004-12-31	CN¥243.31 Million ≈ $35.60 Million	+7.14%
2003-12-31	CN¥227.09 Million ≈ $33.23 Million	-18.95%
2002-12-31	CN¥280.19 Million ≈ $41.00 Million	-11.81%
2001-12-31	CN¥317.69 Million ≈ $46.49 Million	+10.12%
2000-12-31	CN¥288.50 Million ≈ $42.22 Million	-4.01%
1999-12-31	CN¥300.56 Million ≈ $43.98 Million	+33.74%
1998-12-31	CN¥224.74 Million ≈ $32.89 Million	+4.79%
1997-12-31	CN¥214.47 Million ≈ $31.38 Million	+28.11%
1996-12-31	CN¥167.41 Million ≈ $24.50 Million	+27.34%
1995-12-31	CN¥131.47 Million ≈ $19.24 Million	+30.95%
1994-12-31	CN¥100.39 Million ≈ $14.69 Million	+11.03%
1993-12-31	CN¥90.42 Million ≈ $13.23 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Hengyi Petrochemical 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 grown by 8150638.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥12.17 Billion	49.90%
Other Components	CN¥12.22 Billion	50.10%
Total Equity	CN¥24.39 Billion	100.00%

Hengyi Petrochemical Co Ltd Competitors by Market Cap

The table below lists competitors of Hengyi Petrochemical Co Ltd ranked by their market capitalization.

Company	Market Cap
Rentokil Initial PLC NYSE:RTO	$10.39 Billion
Modine Manufacturing Company NYSE:MOD	$10.39 Billion
YARA INTL ASA ADR NK170 F:IU20	$10.39 Billion
Regal Beloit Corporation NYSE:RRX	$10.40 Billion
Walgreens Boots Alliance Inc NASDAQ:WBA	$10.37 Billion
Zhangzhou Pientzehuang Pharmaceutical Co Ltd SHG:600436	$10.36 Billion
Knight Transportation Inc NYSE:KNX	$10.36 Billion
Arrow Electronics Inc NYSE:ARW	$10.36 Billion

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 24,742,052,000 to 24,386,894,833, a change of -355,157,167 (-1.4%).
Net income of 258,331,586 contributed positively to equity growth.
Dividend payments of 2,027,025,088 reduced retained earnings.
Other factors increased equity by 1,413,536,335.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥258.33 Million	+1.06%
Dividends Paid	CN¥2.03 Billion	-8.31%
Other Changes	CN¥1.41 Billion	+5.8%
Total Change	CN¥-	-1.44%

Book Value vs Market Value Analysis

This analysis compares Hengyi Petrochemical 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: 2.55x
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 104.88x to 2.55x 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¥0.16	CN¥17.24	x
1994-12-31	CN¥0.18	CN¥17.24	x
1995-12-31	CN¥0.22	CN¥17.24	x
1996-12-31	CN¥0.28	CN¥17.24	x
1997-12-31	CN¥0.36	CN¥17.24	x
1998-12-31	CN¥0.41	CN¥17.24	x
1999-12-31	CN¥0.48	CN¥17.24	x
2000-12-31	CN¥0.45	CN¥17.24	x
2001-12-31	CN¥0.48	CN¥17.24	x
2002-12-31	CN¥0.41	CN¥17.24	x
2003-12-31	CN¥0.36	CN¥17.24	x
2004-12-31	CN¥0.37	CN¥17.24	x
2005-12-31	CN¥0.34	CN¥17.24	x
2006-12-31	CN¥0.47	CN¥17.24	x
2007-12-31	CN¥0.40	CN¥17.24	x
2008-12-31	CN¥0.37	CN¥17.24	x
2009-12-31	CN¥0.34	CN¥17.24	x
2010-12-31	CN¥1.97	CN¥17.24	x
2011-12-31	CN¥2.76	CN¥17.24	x
2012-12-31	CN¥2.33	CN¥17.24	x
2013-12-31	CN¥2.61	CN¥17.24	x
2014-12-31	CN¥2.43	CN¥17.24	x
2015-12-31	CN¥2.98	CN¥17.24	x
2016-12-31	CN¥4.41	CN¥17.24	x
2017-12-31	CN¥4.34	CN¥17.24	x
2018-12-31	CN¥5.73	CN¥17.24	x
2019-12-31	CN¥8.41	CN¥17.24	x
2020-12-31	CN¥6.57	CN¥17.24	x
2021-12-31	CN¥7.17	CN¥17.24	x
2022-12-31	CN¥7.23	CN¥17.24	x
2023-12-31	CN¥7.53	CN¥17.24	x
2024-12-31	CN¥7.40	CN¥17.24	x
2025-12-31	CN¥6.77	CN¥17.24	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Hengyi Petrochemical 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): 1.06%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 0.23%
• Asset Turnover: 1.04x
• Equity Multiplier: 4.50x
Recent ROE (1.06%) is below the historical average (7.28%), 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	27.06%	42.42%	0.34x	1.87x	CN¥15.43 Million
1994	21.74%	36.78%	0.36x	1.63x	CN¥11.78 Million
1995	17.75%	28.09%	0.42x	1.51x	CN¥9.47 Million
1996	21.99%	22.55%	0.71x	1.38x	CN¥18.76 Million
1997	21.55%	21.62%	0.73x	1.37x	CN¥23.05 Million
1998	11.11%	34.18%	0.31x	1.05x	CN¥2.50 Million
1999	8.57%	22.18%	0.19x	2.04x	CN¥-3.75 Million
2000	7.91%	7.49%	0.50x	2.10x	CN¥-5.23 Million
2001	5.69%	5.74%	0.37x	2.69x	CN¥-11.49 Million
2002	4.50%	3.41%	0.33x	3.99x	CN¥-12.30 Million
2003	-13.60%	-16.53%	0.29x	2.83x	CN¥-46.44 Million
2004	3.28%	6.64%	0.20x	2.42x	CN¥-13.65 Million
2005	-10.17%	-10.57%	0.28x	3.48x	CN¥-37.35 Million
2006	1.23%	0.78%	0.77x	2.04x	CN¥-16.63 Million
2007	16.33%	12.55%	0.76x	1.72x	CN¥14.06 Million
2008	-7.75%	-6.43%	0.71x	1.71x	CN¥-36.58 Million
2009	-10.87%	-10.98%	0.61x	1.63x	CN¥-38.79 Million
2010	0.07%	0.01%	1.35x	4.24x	CN¥-323.38 Million
2011	35.32%	6.09%	1.41x	4.12x	CN¥1.38 Billion
2012	6.08%	0.96%	1.54x	4.11x	CN¥-202.57 Million
2013	7.80%	1.39%	1.29x	4.35x	CN¥-120.75 Million
2014	-7.01%	-1.26%	1.05x	5.32x	CN¥-855.56 Million
2015	2.95%	0.61%	1.20x	4.03x	CN¥-440.63 Million
2016	7.60%	2.56%	1.18x	2.52x	CN¥-262.07 Million
2017	12.23%	2.55%	1.84x	2.60x	CN¥307.14 Million
2018	10.20%	2.13%	1.42x	3.37x	CN¥36.19 Million
2019	13.44%	4.01%	0.93x	3.61x	CN¥816.00 Million
2020	12.80%	3.55%	0.93x	3.86x	CN¥671.34 Million
2021	13.06%	2.61%	1.23x	4.08x	CN¥791.98 Million
2022	-4.24%	-0.71%	1.36x	4.40x	CN¥-3.62 Billion
2023	1.73%	0.32%	1.26x	4.29x	CN¥-2.09 Billion
2024	0.95%	0.19%	1.17x	4.35x	CN¥-2.24 Billion
2025	1.06%	0.23%	1.04x	4.50x	CN¥-2.18 Billion

Industry Comparison

This section compares Hengyi Petrochemical Co Ltd's net assets metrics with peer companies in the Specialty Chemicals industry.

Industry Context

Industry: Specialty Chemicals
Average net assets among peers: $1,562,150,794
Average return on equity (ROE) among peers: 7.21%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Hengyi Petrochemical Co Ltd (000703)	CN¥39.71 Billion	27.06%	2.08x	$10.37 Billion
Chongqing Sanxia Paints Co Ltd (000565)	$364.46 Million	0.77%	0.32x	$407.97 Million
Guangdong Xinhui Meida Nylon Co Ltd (000782)	$1.49 Billion	3.79%	1.12x	$824.85 Million
Luxi Chemical Group Co Ltd (000830)	$5.30 Billion	6.40%	2.00x	$3.22 Billion
China Minmetals Rare Earth Co Ltd (000831)	$2.06 Billion	0.90%	0.06x	$8.37 Billion
Anhui Guofeng Plastic Industry Co Ltd (000859)	$1.47 Billion	0.65%	0.32x	$1.18 Billion
Cofco Biochemical Anhui Co Ltd (000930)	$592.08 Million	13.66%	1.28x	$1.43 Billion
Shandong Link Science and Technology Co Ltd (001207)	$96.46 Million	22.88%	0.50x	$822.85 Million
Zhejiang Transfar Co Ltd (002010)	$2.20 Billion	7.86%	0.81x	$1.82 Billion
Poly Union Chemical Holding Group Co Ltd (002037)	$490.45 Million	7.95%	0.50x	$483.61 Million

About Hengyi Petrochemical Co Ltd

SHE:000703 China Specialty Chemicals

Market Cap

$10.37 Billion

CN¥70.88 Billion CNY

Market Cap Rank

#2164 Global

#219 in China

Share Price

CN¥17.24

Change (1 day)

-0.86%

52-Week Range

CN¥6.36 - CN¥20.80

All Time High

CN¥20.80