Sichuan Meifeng Chemical Industry Co Ltd
Sichuan Meifeng Chemical Industry Co., Ltd. manufactures and sells chemical products in China. It offers urea, compound fertilizer, automotive urea, nitrogen oxide reducing agents, melamine, nitric acid, ammonium nitrate, oilfield chemicals, carbon dioxide, and polymer materials; and packaging plastic products, as well as liquefied natural gas. The company was founded in 1994 and is based in Deya… Read more
Sichuan Meifeng Chemical Industry Co Ltd (000731) - Net Assets
Latest net assets as of September 2025: CN¥4.37 Billion CNY
Based on the latest financial reports, Sichuan Meifeng Chemical Industry Co Ltd (000731) has net assets worth CN¥4.37 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¥5.17 Billion) and total liabilities (CN¥797.08 Million). 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¥4.37 Billion |
| % of Total Assets | 84.58% |
| Annual Growth Rate | 15.87% |
| 5-Year Change | 52.12% |
| 10-Year Change | 59.79% |
| Growth Volatility | 34.42 |
Sichuan Meifeng Chemical Industry Co Ltd - Net Assets Trend (1994–2024)
This chart illustrates how Sichuan Meifeng 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 Sichuan Meifeng Chemical Industry Co Ltd (1994–2024)
The table below shows the annual net assets of Sichuan Meifeng Chemical Industry Co Ltd from 1994 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.52 Billion | +0.51% |
| 2023-12-31 | CN¥4.49 Billion | +4.64% |
| 2022-12-31 | CN¥4.30 Billion | +19.11% |
| 2021-12-31 | CN¥3.61 Billion | +21.43% |
| 2020-12-31 | CN¥2.97 Billion | +2.41% |
| 2019-12-31 | CN¥2.90 Billion | +0.11% |
| 2018-12-31 | CN¥2.90 Billion | +6.68% |
| 2017-12-31 | CN¥2.72 Billion | +5.79% |
| 2016-12-31 | CN¥2.57 Billion | -9.22% |
| 2015-12-31 | CN¥2.83 Billion | +2.29% |
| 2014-12-31 | CN¥2.76 Billion | -8.98% |
| 2013-12-31 | CN¥3.04 Billion | +33.08% |
| 2012-12-31 | CN¥2.28 Billion | +7.61% |
| 2011-12-31 | CN¥2.12 Billion | +11.87% |
| 2010-12-31 | CN¥1.90 Billion | +9.50% |
| 2009-12-31 | CN¥1.73 Billion | -4.61% |
| 2008-12-31 | CN¥1.81 Billion | +23.12% |
| 2007-12-31 | CN¥1.47 Billion | +15.88% |
| 2006-12-31 | CN¥1.27 Billion | +11.85% |
| 2005-12-31 | CN¥1.14 Billion | +12.75% |
| 2004-12-31 | CN¥1.01 Billion | +11.72% |
| 2003-12-31 | CN¥902.72 Million | +14.17% |
| 2002-12-31 | CN¥790.66 Million | +25.85% |
| 2001-12-31 | CN¥628.24 Million | -0.31% |
| 2000-12-31 | CN¥630.20 Million | +6.57% |
| 1999-12-31 | CN¥591.33 Million | +41.83% |
| 1998-12-31 | CN¥416.94 Million | +15.07% |
| 1997-12-31 | CN¥362.33 Million | +177.97% |
| 1996-12-31 | CN¥130.35 Million | +85.94% |
| 1995-12-31 | CN¥70.10 Million | +28.78% |
| 1994-12-31 | CN¥54.44 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sichuan Meifeng 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 grown by 899747.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.75 Billion | 65.66% |
| Common Stock | CN¥558.83 Million | 13.35% |
| Other Comprehensive Income | CN¥443.06 Million | 10.58% |
| Other Components | CN¥435.32 Million | 10.40% |
| Total Equity | CN¥4.19 Billion | 100.00% |
Sichuan Meifeng Chemical Industry Co Ltd Competitors by Market Cap
The table below lists competitors of Sichuan Meifeng Chemical Industry Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lee and Man Paper Manufacturing Limited
F:LMP
|
$482.39 Million |
|
TOYO ENGINEERG-6330-
F:6AE
|
$482.77 Million |
|
SCHOTT Pharma AG & Co. KGaA
XETRA:1SXP
|
$482.88 Million |
|
COFCO Joycome Foods Limited
F:0M7
|
$482.93 Million |
|
Cheng Du Sheng Nuo Biotec Co. Ltd. A
SHG:688117
|
$482.15 Million |
|
Fukuyama Transporting Co. Ltd
F:FUY
|
$482.01 Million |
|
Beijing Chieftain Control Engineering Technology Co Ltd
SHE:300430
|
$481.93 Million |
|
Anterix Inc
NASDAQ:ATEX
|
$481.87 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sichuan Meifeng Chemical Industry Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,169,276,137 to 4,185,752,903, a change of 16,476,766 (0.4%).
- Net income of 271,737,845 contributed positively to equity growth.
- Dividend payments of 163,956,243 reduced retained earnings.
- Share repurchases of 100,026,749 reduced equity.
- Other comprehensive income increased equity by 422,548,762.
- Other factors decreased equity by 413,826,849.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥271.74 Million | +6.49% |
| Dividends Paid | CN¥163.96 Million | -3.92% |
| Share Repurchases | CN¥100.03 Million | -2.39% |
| Other Comprehensive Income | CN¥422.55 Million | +10.09% |
| Other Changes | CN¥-413.83 Million | -9.89% |
| Total Change | CN¥- | 0.40% |
Book Value vs Market Value Analysis
This analysis compares Sichuan Meifeng 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: 1.06x
- 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 71.99x to 1.06x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1994-12-31 | CN¥0.11 | CN¥7.84 | x |
| 1995-12-31 | CN¥0.14 | CN¥7.84 | x |
| 1996-12-31 | CN¥0.26 | CN¥7.84 | x |
| 1997-12-31 | CN¥0.72 | CN¥7.84 | x |
| 1998-12-31 | CN¥0.83 | CN¥7.84 | x |
| 1999-12-31 | CN¥1.18 | CN¥7.84 | x |
| 2000-12-31 | CN¥1.26 | CN¥7.84 | x |
| 2001-12-31 | CN¥1.26 | CN¥7.84 | x |
| 2002-12-31 | CN¥1.58 | CN¥7.84 | x |
| 2003-12-31 | CN¥1.81 | CN¥7.84 | x |
| 2004-12-31 | CN¥2.00 | CN¥7.84 | x |
| 2005-12-31 | CN¥2.25 | CN¥7.84 | x |
| 2006-12-31 | CN¥2.51 | CN¥7.84 | x |
| 2007-12-31 | CN¥2.86 | CN¥7.84 | x |
| 2008-12-31 | CN¥3.27 | CN¥7.84 | x |
| 2009-12-31 | CN¥3.40 | CN¥7.84 | x |
| 2010-12-31 | CN¥3.44 | CN¥7.84 | x |
| 2011-12-31 | CN¥3.59 | CN¥7.84 | x |
| 2012-12-31 | CN¥3.91 | CN¥7.84 | x |
| 2013-12-31 | CN¥4.97 | CN¥7.84 | x |
| 2014-12-31 | CN¥4.50 | CN¥7.84 | x |
| 2015-12-31 | CN¥4.59 | CN¥7.84 | x |
| 2016-12-31 | CN¥4.17 | CN¥7.84 | x |
| 2017-12-31 | CN¥4.43 | CN¥7.84 | x |
| 2018-12-31 | CN¥4.73 | CN¥7.84 | x |
| 2019-12-31 | CN¥4.74 | CN¥7.84 | x |
| 2020-12-31 | CN¥4.86 | CN¥7.84 | x |
| 2021-12-31 | CN¥5.84 | CN¥7.84 | x |
| 2022-12-31 | CN¥6.81 | CN¥7.84 | x |
| 2023-12-31 | CN¥7.18 | CN¥7.84 | x |
| 2024-12-31 | CN¥7.38 | CN¥7.84 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sichuan Meifeng 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): 6.49%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.97%
- • Asset Turnover: 0.80x
- • Equity Multiplier: 1.36x
- Recent ROE (6.49%) is below the historical average (12.13%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1994 | 23.24% | 23.14% | 0.42x | 2.37x | CN¥7.21 Million |
| 1995 | 37.25% | 24.42% | 0.64x | 2.37x | CN¥19.10 Million |
| 1996 | 46.22% | 34.04% | 0.75x | 1.80x | CN¥47.21 Million |
| 1997 | 14.03% | 33.74% | 0.32x | 1.29x | CN¥14.60 Million |
| 1998 | 13.10% | 26.02% | 0.45x | 1.11x | CN¥12.91 Million |
| 1999 | 10.35% | 21.22% | 0.42x | 1.16x | CN¥2.07 Million |
| 2000 | 9.70% | 18.06% | 0.44x | 1.23x | CN¥-1.92 Million |
| 2001 | 9.39% | 15.70% | 0.47x | 1.26x | CN¥-3.86 Million |
| 2002 | 10.11% | 15.55% | 0.39x | 1.66x | CN¥897.38K |
| 2003 | 12.41% | 14.14% | 0.61x | 1.43x | CN¥21.78 Million |
| 2004 | 18.32% | 19.72% | 0.64x | 1.45x | CN¥83.25 Million |
| 2005 | 20.83% | 20.86% | 0.69x | 1.44x | CN¥121.76 Million |
| 2006 | 19.83% | 18.27% | 0.60x | 1.80x | CN¥123.48 Million |
| 2007 | 22.06% | 15.33% | 0.82x | 1.75x | CN¥172.13 Million |
| 2008 | 12.33% | 5.86% | 0.89x | 2.37x | CN¥38.01 Million |
| 2009 | 8.10% | 3.76% | 1.26x | 1.70x | CN¥-32.31 Million |
| 2010 | 5.38% | 2.99% | 0.92x | 1.95x | CN¥-86.31 Million |
| 2011 | 13.45% | 5.42% | 1.36x | 1.82x | CN¥72.87 Million |
| 2012 | 13.04% | 4.64% | 1.46x | 1.92x | CN¥70.31 Million |
| 2013 | 5.79% | 2.95% | 1.20x | 1.64x | CN¥-123.58 Million |
| 2014 | -9.18% | -5.13% | 1.05x | 1.70x | CN¥-510.73 Million |
| 2015 | 2.04% | 1.41% | 0.77x | 1.87x | CN¥-216.09 Million |
| 2016 | -10.15% | -10.56% | 0.50x | 1.92x | CN¥-497.05 Million |
| 2017 | 5.93% | 6.16% | 0.58x | 1.67x | CN¥-106.69 Million |
| 2018 | 7.84% | 8.32% | 0.64x | 1.48x | CN¥-60.33 Million |
| 2019 | 3.08% | 2.95% | 0.77x | 1.36x | CN¥-193.77 Million |
| 2020 | 3.61% | 3.56% | 0.73x | 1.39x | CN¥-183.83 Million |
| 2021 | 16.65% | 13.91% | 0.93x | 1.29x | CN¥227.17 Million |
| 2022 | 15.59% | 12.67% | 0.95x | 1.30x | CN¥222.96 Million |
| 2023 | 9.18% | 9.17% | 0.73x | 1.37x | CN¥-34.35 Million |
| 2024 | 6.49% | 5.97% | 0.80x | 1.36x | CN¥-146.84 Million |
Industry Comparison
This section compares Sichuan Meifeng Chemical Industry Co Ltd's net assets metrics with peer companies in the Agricultural Inputs industry.
Industry Context
- Industry: Agricultural Inputs
- Average net assets among peers: $2,483,403,305
- Average return on equity (ROE) among peers: 13.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sichuan Meifeng Chemical Industry Co Ltd (000731) | CN¥4.37 Billion | 23.24% | 0.18x | $482.18 Million |
| Nanjing Red Sun Co Ltd (000525) | $147.47 Million | 1.90% | 0.79x | $845.94 Million |
| ADAMA Ltd (000553) | $924.52 Million | 2.09% | 0.75x | $429.88 Million |
| Grand Industrial Holding Co Ltd (000626) | $2.61 Billion | -11.54% | 1.98x | $221.00 Million |
| Qinghai Salt Lake Industry Co.Ltd (000792) | $5.06 Billion | 26.77% | 0.59x | $16.27 Billion |
| Asia Potash International Investment Guangzhou Co Ltd (000893) | $11.63 Billion | 17.45% | 0.10x | $4.53 Billion |
| Hubei Xinyangfeng Fertilizer Co Ltd (000902) | $409.30 Million | 0.72% | 1.97x | $1.47 Billion |
| Sichuan Lutianhua Co Ltd (000912) | $218.75 Million | 71.83% | 0.84x | $897.13 Million |
| Guangxi Hechi Chemical Co Ltd (000953) | $398.71 Million | 5.82% | 1.87x | $221.44 Million |
| Norsyn Crop Technology Co. Ltd. A (001231) | $952.88 Million | 5.49% | 0.42x | $95.20 Million |