Guangdong Xinhui Meida Nylon Co Ltd
Guangdong Highsun Meida New Materials Co., Ltd. produces and sells nylon 6 chips and spinning products in China. The company was formerly known as Guangdong Xinhui Meida Nylon Co., Ltd. and changed its name to Guangdong Highsun Meida New Materials Co., Ltd. in June 2024. The company was founded in 1992 and is based in Jiangmen, China.
Guangdong Xinhui Meida Nylon Co Ltd (000782) - Net Assets
Latest net assets as of September 2025: CN¥1.72 Billion CNY
Based on the latest financial reports, Guangdong Xinhui Meida Nylon Co Ltd (000782) has net assets worth CN¥1.72 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¥3.04 Billion) and total liabilities (CN¥1.32 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¥1.72 Billion |
| % of Total Assets | 56.61% |
| Annual Growth Rate | 4.51% |
| 5-Year Change | 23.36% |
| 10-Year Change | 36.4% |
| Growth Volatility | 16.29 |
Guangdong Xinhui Meida Nylon Co Ltd - Net Assets Trend (1994–2024)
This chart illustrates how Guangdong Xinhui Meida Nylon 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 Guangdong Xinhui Meida Nylon Co Ltd (1994–2024)
The table below shows the annual net assets of Guangdong Xinhui Meida Nylon Co Ltd from 1994 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.78 Billion | +41.02% |
| 2023-12-31 | CN¥1.26 Billion | -11.25% |
| 2022-12-31 | CN¥1.42 Billion | -4.44% |
| 2021-12-31 | CN¥1.49 Billion | +3.15% |
| 2020-12-31 | CN¥1.44 Billion | -1.54% |
| 2019-12-31 | CN¥1.46 Billion | -1.12% |
| 2018-12-31 | CN¥1.48 Billion | +19.53% |
| 2017-12-31 | CN¥1.24 Billion | +2.19% |
| 2016-12-31 | CN¥1.21 Billion | -7.02% |
| 2015-12-31 | CN¥1.30 Billion | +1.78% |
| 2014-12-31 | CN¥1.28 Billion | +17.73% |
| 2013-12-31 | CN¥1.09 Billion | -0.46% |
| 2012-12-31 | CN¥1.09 Billion | +1.24% |
| 2011-12-31 | CN¥1.08 Billion | +11.81% |
| 2010-12-31 | CN¥964.66 Million | +9.52% |
| 2009-12-31 | CN¥880.77 Million | +2.63% |
| 2008-12-31 | CN¥858.23 Million | -20.02% |
| 2007-12-31 | CN¥1.07 Billion | +5.56% |
| 2006-12-31 | CN¥1.02 Billion | +3.75% |
| 2005-12-31 | CN¥979.80 Million | -0.96% |
| 2004-12-31 | CN¥989.28 Million | +14.22% |
| 2003-12-31 | CN¥866.11 Million | +2.72% |
| 2002-12-31 | CN¥843.14 Million | +2.37% |
| 2001-12-31 | CN¥823.60 Million | -11.32% |
| 2000-12-31 | CN¥928.69 Million | +3.80% |
| 1999-12-31 | CN¥894.70 Million | -10.99% |
| 1998-12-31 | CN¥1.01 Billion | +6.74% |
| 1997-12-31 | CN¥941.73 Million | +70.30% |
| 1996-12-31 | CN¥552.98 Million | +5.32% |
| 1995-12-31 | CN¥525.05 Million | +11.11% |
| 1994-12-31 | CN¥472.56 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Guangdong Xinhui Meida Nylon 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 26970.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥686.58 Million | 38.65% |
| Other Comprehensive Income | CN¥100.52 Million | 5.66% |
| Other Components | CN¥1.05 Billion | 59.08% |
| Total Equity | CN¥1.78 Billion | 100.00% |
Guangdong Xinhui Meida Nylon Co Ltd Competitors by Market Cap
The table below lists competitors of Guangdong Xinhui Meida Nylon Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mirle Automation Corp
TW:2464
|
$360.13 Million |
|
Shanghai Morn Electric Equipment Co Ltd
SHE:002451
|
$360.27 Million |
|
E2open Parent Holdings Inc
NYSE:ETWO
|
$360.37 Million |
|
Universal Cement Corp
TW:1104
|
$360.45 Million |
|
Potbelly Co
NASDAQ:PBPB
|
$360.01 Million |
|
PT Berkah Beton Sadaya Tbk
OTCQX:BHBSY
|
$360.00 Million |
|
Vanda Pharmaceuticals Inc
NASDAQ:VNDA
|
$359.97 Million |
|
Kunshan Asia Aroma Corp. Ltd.
SHE:301220
|
$359.93 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Guangdong Xinhui Meida Nylon Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,259,812,625 to 1,776,580,947, a change of 516,768,322 (41.0%).
- Net loss of 70,238,033 reduced equity.
- Dividend payments of 14,865,606 reduced retained earnings.
- Other comprehensive income increased equity by 104,740,584.
- Other factors increased equity by 497,131,377.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-70.24 Million | -3.95% |
| Dividends Paid | CN¥14.87 Million | -0.84% |
| Other Comprehensive Income | CN¥104.74 Million | +5.9% |
| Other Changes | CN¥497.13 Million | +27.98% |
| Total Change | CN¥- | 41.02% |
Book Value vs Market Value Analysis
This analysis compares Guangdong Xinhui Meida Nylon 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: 2.28x
- 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 5.26x to 2.28x 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¥1.09 | CN¥5.76 | x |
| 1995-12-31 | CN¥1.16 | CN¥5.76 | x |
| 1996-12-31 | CN¥1.19 | CN¥5.76 | x |
| 1997-12-31 | CN¥2.05 | CN¥5.76 | x |
| 1998-12-31 | CN¥2.18 | CN¥5.76 | x |
| 1999-12-31 | CN¥2.14 | CN¥5.76 | x |
| 2000-12-31 | CN¥2.13 | CN¥5.76 | x |
| 2001-12-31 | CN¥1.88 | CN¥5.76 | x |
| 2002-12-31 | CN¥1.92 | CN¥5.76 | x |
| 2003-12-31 | CN¥1.96 | CN¥5.76 | x |
| 2004-12-31 | CN¥2.19 | CN¥5.76 | x |
| 2005-12-31 | CN¥2.19 | CN¥5.76 | x |
| 2006-12-31 | CN¥2.21 | CN¥5.76 | x |
| 2007-12-31 | CN¥2.40 | CN¥5.76 | x |
| 2008-12-31 | CN¥1.99 | CN¥5.76 | x |
| 2009-12-31 | CN¥1.99 | CN¥5.76 | x |
| 2010-12-31 | CN¥2.26 | CN¥5.76 | x |
| 2011-12-31 | CN¥2.50 | CN¥5.76 | x |
| 2012-12-31 | CN¥2.64 | CN¥5.76 | x |
| 2013-12-31 | CN¥2.98 | CN¥5.76 | x |
| 2014-12-31 | CN¥2.82 | CN¥5.76 | x |
| 2015-12-31 | CN¥2.33 | CN¥5.76 | x |
| 2016-12-31 | CN¥2.16 | CN¥5.76 | x |
| 2017-12-31 | CN¥2.39 | CN¥5.76 | x |
| 2018-12-31 | CN¥2.70 | CN¥5.76 | x |
| 2019-12-31 | CN¥2.70 | CN¥5.76 | x |
| 2020-12-31 | CN¥2.73 | CN¥5.76 | x |
| 2021-12-31 | CN¥2.81 | CN¥5.76 | x |
| 2022-12-31 | CN¥2.69 | CN¥5.76 | x |
| 2023-12-31 | CN¥2.38 | CN¥5.76 | x |
| 2024-12-31 | CN¥2.53 | CN¥5.76 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Guangdong Xinhui Meida Nylon 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): -3.95%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.16%
- • Asset Turnover: 1.11x
- • Equity Multiplier: 1.64x
- Recent ROE (-3.95%) is below the historical average (2.14%), 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 | 10.86% | 9.17% | 0.54x | 2.20x | CN¥3.91 Million |
| 1995 | 10.00% | 7.58% | 0.53x | 2.51x | CN¥22.25K |
| 1996 | 13.58% | 8.05% | 0.72x | 2.34x | CN¥17.81 Million |
| 1997 | 10.51% | 9.52% | 0.70x | 1.59x | CN¥4.37 Million |
| 1998 | 6.05% | 6.74% | 0.56x | 1.59x | CN¥-35.96 Million |
| 1999 | 2.56% | 4.15% | 0.37x | 1.68x | CN¥-66.55 Million |
| 2000 | 3.05% | 3.18% | 0.52x | 1.84x | CN¥-61.77 Million |
| 2001 | 2.24% | 1.77% | 0.69x | 1.83x | CN¥-60.99 Million |
| 2002 | 4.50% | 3.06% | 0.65x | 2.28x | CN¥-44.13 Million |
| 2003 | 1.67% | 1.09% | 0.63x | 2.44x | CN¥-68.08 Million |
| 2004 | 10.45% | 5.43% | 0.82x | 2.35x | CN¥4.12 Million |
| 2005 | 1.89% | 0.98% | 0.84x | 2.31x | CN¥-73.98 Million |
| 2006 | 3.45% | 1.51% | 0.94x | 2.43x | CN¥-61.68 Million |
| 2007 | 3.75% | 1.38% | 1.07x | 2.53x | CN¥-62.52 Million |
| 2008 | -19.09% | -5.00% | 1.73x | 2.21x | CN¥-233.42 Million |
| 2009 | 1.01% | 0.32% | 1.28x | 2.43x | CN¥-73.64 Million |
| 2010 | 10.62% | 2.48% | 1.60x | 2.67x | CN¥5.60 Million |
| 2011 | 12.78% | 2.84% | 1.94x | 2.32x | CN¥28.30 Million |
| 2012 | 3.42% | 0.93% | 1.81x | 2.03x | CN¥-68.37 Million |
| 2013 | 1.01% | 0.28% | 1.41x | 2.53x | CN¥-93.18 Million |
| 2014 | -18.42% | -6.79% | 1.32x | 2.05x | CN¥-352.19 Million |
| 2015 | 3.86% | 1.71% | 1.24x | 1.82x | CN¥-77.55 Million |
| 2016 | -6.95% | -3.37% | 0.95x | 2.17x | CN¥-198.73 Million |
| 2017 | 2.92% | 0.98% | 1.35x | 2.20x | CN¥-84.69 Million |
| 2018 | 2.59% | 0.98% | 1.32x | 2.01x | CN¥-106.47 Million |
| 2019 | 0.76% | 0.36% | 1.12x | 1.87x | CN¥-131.62 Million |
| 2020 | 2.65% | 1.62% | 0.83x | 1.96x | CN¥-105.91 Million |
| 2021 | 3.79% | 1.69% | 1.05x | 2.12x | CN¥-92.29 Million |
| 2022 | -3.89% | -1.89% | 0.93x | 2.22x | CN¥-197.16 Million |
| 2023 | -11.33% | -5.06% | 0.83x | 2.70x | CN¥-268.66 Million |
| 2024 | -3.95% | -2.16% | 1.11x | 1.64x | CN¥-247.90 Million |
Industry Comparison
This section compares Guangdong Xinhui Meida Nylon Co Ltd's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $2,285,877,526
- Average return on equity (ROE) among peers: 6.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Guangdong Xinhui Meida Nylon Co Ltd (000782) | CN¥1.72 Billion | 10.86% | 0.77x | $360.02 Million |
| Chongqing Sanxia Paints Co Ltd (000565) | $221.32 Million | 10.55% | 0.74x | $286.31 Million |
| Hengyi Petrochemical Co Ltd (000703) | $246.42 Million | -7.64% | 1.62x | $1.42 Billion |
| Luxi Chemical Group Co Ltd (000830) | $11.32 Billion | 15.26% | 1.67x | $2.27 Billion |
| China Minmetals Rare Earth Co Ltd (000831) | $2.57 Billion | -2.17% | 0.02x | $5.40 Billion |
| Anhui Guofeng Plastic Industry Co Ltd (000859) | $1.65 Billion | 5.07% | 0.31x | $873.36 Million |
| Cofco Biochemical Anhui Co Ltd (000930) | $3.09 Billion | 1.64% | 1.12x | $797.07 Million |
| Shandong Link Science and Technology Co Ltd (001207) | $76.39 Million | 0.00% | 0.50x | $339.46 Million |
| Zhejiang Bofay Elec Co Ltd (001255) | $742.80 Million | 1.78% | 0.61x | $172.58 Million |
| Guangdong Decro Film New (001378) | $647.89 Million | 29.53% | 0.22x | $237.12 Million |