Yueyang Xingchang Petro-Chemical Co Ltd (000819) - Net Assets
Based on the latest financial reports, Yueyang Xingchang Petro-Chemical Co Ltd (000819) has net assets worth CN¥2.25 Billion CNY (≈ $328.54 Million 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¥3.41 Billion ≈ $499.34 Million USD) and total liabilities (CN¥1.17 Billion ≈ $170.80 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 Yueyang Xingchang Petro-Chemical Co Ltd liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.25 Billion |
| % of Total Assets | 65.79% |
| Annual Growth Rate | 12.09% |
| 5-Year Change | 161.92% |
| 10-Year Change | 220.0% |
| Growth Volatility | 21.68 |
Yueyang Xingchang Petro-Chemical Co Ltd - Net Assets Trend (1994–2024)
This chart illustrates how Yueyang Xingchang Petro-Chemical Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore how large is Yueyang Xingchang Petro-Chemical Co Ltd's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Yueyang Xingchang Petro-Chemical Co Ltd (1994–2024)
The table below shows the annual net assets of Yueyang Xingchang Petro-Chemical Co Ltd from 1994 to 2024. For live valuation and market cap data, see 000819 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.27 Billion ≈ $332.46 Million |
+3.08% |
| 2023-12-31 | CN¥2.20 Billion ≈ $322.54 Million |
+104.23% |
| 2022-12-31 | CN¥1.08 Billion ≈ $157.92 Million |
+13.65% |
| 2021-12-31 | CN¥949.59 Million ≈ $138.95 Million |
+9.47% |
| 2020-12-31 | CN¥867.42 Million ≈ $126.93 Million |
+3.91% |
| 2019-12-31 | CN¥834.77 Million ≈ $122.15 Million |
+10.20% |
| 2018-12-31 | CN¥757.52 Million ≈ $110.85 Million |
+10.40% |
| 2017-12-31 | CN¥686.14 Million ≈ $100.40 Million |
-3.76% |
| 2016-12-31 | CN¥712.97 Million ≈ $104.33 Million |
+0.42% |
| 2015-12-31 | CN¥709.99 Million ≈ $103.89 Million |
+5.81% |
| 2014-12-31 | CN¥671.00 Million ≈ $98.19 Million |
+4.00% |
| 2013-12-31 | CN¥645.17 Million ≈ $94.41 Million |
+5.83% |
| 2012-12-31 | CN¥609.64 Million ≈ $89.21 Million |
+13.42% |
| 2011-12-31 | CN¥537.52 Million ≈ $78.66 Million |
+7.58% |
| 2010-12-31 | CN¥499.66 Million ≈ $73.12 Million |
+13.61% |
| 2009-12-31 | CN¥439.80 Million ≈ $64.36 Million |
+2.84% |
| 2008-12-31 | CN¥427.63 Million ≈ $62.58 Million |
+29.49% |
| 2007-12-31 | CN¥330.25 Million ≈ $48.33 Million |
-4.11% |
| 2006-12-31 | CN¥344.42 Million ≈ $50.40 Million |
-7.20% |
| 2005-12-31 | CN¥371.15 Million ≈ $54.31 Million |
-10.54% |
| 2004-12-31 | CN¥414.87 Million ≈ $60.71 Million |
+2.45% |
| 2003-12-31 | CN¥404.94 Million ≈ $59.26 Million |
+4.17% |
| 2002-12-31 | CN¥388.73 Million ≈ $56.88 Million |
+1.62% |
| 2001-12-31 | CN¥382.55 Million ≈ $55.98 Million |
+6.33% |
| 2000-12-31 | CN¥359.79 Million ≈ $52.65 Million |
+17.90% |
| 1999-12-31 | CN¥305.17 Million ≈ $44.66 Million |
+46.63% |
| 1998-12-31 | CN¥208.12 Million ≈ $30.46 Million |
+23.05% |
| 1997-12-31 | CN¥169.13 Million ≈ $24.75 Million |
+51.09% |
| 1996-12-31 | CN¥111.94 Million ≈ $16.38 Million |
+26.46% |
| 1995-12-31 | CN¥88.52 Million ≈ $12.95 Million |
+19.60% |
| 1994-12-31 | CN¥74.01 Million ≈ $10.83 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Yueyang Xingchang Petro-Chemical 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 8020.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥514.05 Million | 23.91% |
| Common Stock | CN¥369.70 Million | 17.20% |
| Other Components | CN¥1.27 Billion | 58.89% |
| Total Equity | CN¥2.15 Billion | 100.00% |
Yueyang Xingchang Petro-Chemical Co Ltd Competitors by Market Cap
The table below lists competitors of Yueyang Xingchang Petro-Chemical Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CNB Financial Corporation
NASDAQ:CCNE
|
$883.70 Million |
|
SDI Corp
TW:2351
|
$883.71 Million |
|
Shenzhen Absen Optoelectronic Co Ltd
SHE:300389
|
$884.16 Million |
|
Cementos Pacasmayo SAA ADR
NYSE:CPAC
|
$884.47 Million |
|
Evertz Technologies Limited
TO:ET
|
$882.95 Million |
|
Iress Ltd
AU:IRE
|
$882.87 Million |
|
Lifecome Biochemistry Co Ltd
SHE:002868
|
$882.85 Million |
|
Bangkok Airways Public Company Limited
BK:BA
|
$882.66 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Yueyang Xingchang Petro-Chemical Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,087,248,524 to 2,149,780,588, a change of 62,532,064 (3.0%).
- Net income of 63,125,612 contributed positively to equity growth.
- Dividend payments of 45,560,876 reduced retained earnings.
- Other factors increased equity by 44,967,328.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥63.13 Million | +2.94% |
| Dividends Paid | CN¥45.56 Million | -2.12% |
| Other Changes | CN¥44.97 Million | +2.09% |
| Total Change | CN¥- | 3.00% |
Book Value vs Market Value Analysis
This analysis compares Yueyang Xingchang Petro-Chemical 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: 2.75x
- 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 66.73x to 2.75x 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¥0.24 | CN¥16.34 | x |
| 1995-12-31 | CN¥0.29 | CN¥16.34 | x |
| 1996-12-31 | CN¥0.37 | CN¥16.34 | x |
| 1997-12-31 | CN¥0.56 | CN¥16.34 | x |
| 1998-12-31 | CN¥0.69 | CN¥16.34 | x |
| 1999-12-31 | CN¥1.01 | CN¥16.34 | x |
| 2000-12-31 | CN¥1.16 | CN¥16.34 | x |
| 2001-12-31 | CN¥1.15 | CN¥16.34 | x |
| 2002-12-31 | CN¥1.18 | CN¥16.34 | x |
| 2003-12-31 | CN¥1.22 | CN¥16.34 | x |
| 2004-12-31 | CN¥1.29 | CN¥16.34 | x |
| 2005-12-31 | CN¥1.24 | CN¥16.34 | x |
| 2006-12-31 | CN¥1.21 | CN¥16.34 | x |
| 2007-12-31 | CN¥1.04 | CN¥16.34 | x |
| 2008-12-31 | CN¥1.43 | CN¥16.34 | x |
| 2009-12-31 | CN¥1.46 | CN¥16.34 | x |
| 2010-12-31 | CN¥1.84 | CN¥16.34 | x |
| 2011-12-31 | CN¥1.80 | CN¥16.34 | x |
| 2012-12-31 | CN¥1.93 | CN¥16.34 | x |
| 2013-12-31 | CN¥2.03 | CN¥16.34 | x |
| 2014-12-31 | CN¥2.14 | CN¥16.34 | x |
| 2015-12-31 | CN¥2.27 | CN¥16.34 | x |
| 2016-12-31 | CN¥2.35 | CN¥16.34 | x |
| 2017-12-31 | CN¥2.24 | CN¥16.34 | x |
| 2018-12-31 | CN¥2.46 | CN¥16.34 | x |
| 2019-12-31 | CN¥2.72 | CN¥16.34 | x |
| 2020-12-31 | CN¥2.83 | CN¥16.34 | x |
| 2021-12-31 | CN¥3.01 | CN¥16.34 | x |
| 2022-12-31 | CN¥3.30 | CN¥16.34 | x |
| 2023-12-31 | CN¥7.02 | CN¥16.34 | x |
| 2024-12-31 | CN¥5.94 | CN¥16.34 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Yueyang Xingchang Petro-Chemical 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): 2.94%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.65%
- • Asset Turnover: 1.24x
- • Equity Multiplier: 1.43x
- Recent ROE (2.94%) is below the historical average (10.21%), 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 | 17.85% | 23.59% | 0.61x | 1.24x | CN¥5.81 Million |
| 1995 | 21.09% | 20.81% | 0.59x | 1.71x | CN¥9.82 Million |
| 1996 | 20.82% | 16.28% | 0.93x | 1.37x | CN¥12.11 Million |
| 1997 | 33.81% | 24.48% | 1.29x | 1.07x | CN¥40.28 Million |
| 1998 | 25.46% | 15.14% | 1.51x | 1.11x | CN¥32.18 Million |
| 1999 | 12.03% | 9.39% | 1.16x | 1.10x | CN¥6.21 Million |
| 2000 | 12.43% | 6.25% | 1.78x | 1.12x | CN¥8.51 Million |
| 2001 | 8.16% | 4.10% | 1.28x | 1.56x | CN¥-6.38 Million |
| 2002 | 4.95% | 2.17% | 1.34x | 1.71x | CN¥-18.00 Million |
| 2003 | 3.52% | 1.25% | 1.47x | 1.91x | CN¥-23.95 Million |
| 2004 | 9.65% | 2.50% | 1.80x | 2.14x | CN¥-1.37 Million |
| 2005 | 8.05% | 1.82% | 1.88x | 2.34x | CN¥-7.27 Million |
| 2006 | 11.77% | 2.37% | 1.97x | 2.52x | CN¥6.57 Million |
| 2007 | -0.65% | -0.12% | 1.94x | 2.86x | CN¥-35.07 Million |
| 2008 | 22.29% | 5.16% | 3.66x | 1.18x | CN¥52.54 Million |
| 2009 | 11.61% | 4.43% | 2.18x | 1.20x | CN¥7.04 Million |
| 2010 | 8.69% | 2.67% | 2.79x | 1.17x | CN¥-6.56 Million |
| 2011 | 7.12% | 2.46% | 2.60x | 1.11x | CN¥-15.48 Million |
| 2012 | 10.69% | 3.05% | 3.01x | 1.16x | CN¥4.01 Million |
| 2013 | 10.26% | 3.25% | 2.65x | 1.20x | CN¥1.60 Million |
| 2014 | 6.36% | 2.78% | 1.88x | 1.22x | CN¥-23.27 Million |
| 2015 | 7.16% | 3.28% | 1.81x | 1.21x | CN¥-19.25 Million |
| 2016 | 4.33% | 2.23% | 1.65x | 1.18x | CN¥-39.69 Million |
| 2017 | -1.46% | -0.62% | 1.94x | 1.21x | CN¥-77.46 Million |
| 2018 | 7.10% | 2.59% | 2.33x | 1.18x | CN¥-21.28 Million |
| 2019 | 7.42% | 3.45% | 1.82x | 1.18x | CN¥-20.98 Million |
| 2020 | 3.21% | 1.86% | 1.46x | 1.18x | CN¥-57.39 Million |
| 2021 | 7.08% | 3.27% | 1.64x | 1.32x | CN¥-26.32 Million |
| 2022 | 8.08% | 2.48% | 2.32x | 1.40x | CN¥-18.99 Million |
| 2023 | 4.84% | 3.30% | 0.90x | 1.63x | CN¥-107.65 Million |
| 2024 | 2.94% | 1.65% | 1.24x | 1.43x | CN¥-151.85 Million |
Industry Comparison
This section compares Yueyang Xingchang Petro-Chemical Co Ltd's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $2,526,275,526
- Average return on equity (ROE) among peers: 14.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Yueyang Xingchang Petro-Chemical Co Ltd (000819) | CN¥2.25 Billion | 17.85% | 0.52x | $883.51 Million |
| North Huajin Chemical Industries Co Ltd (000059) | $12.66 Billion | 14.57% | 1.45x | $1.33 Billion |
| Sichuan Chemical Co Ltd (000155) | $7.35 Billion | 4.73% | 1.50x | $4.71 Billion |
| Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) | $246.65 Million | 3.47% | 1.71x | $12.84 Billion |
| Zangge Holding Co Ltd (000408) | $477.67 Million | 1.53% | 1.45x | $20.51 Billion |
| Sichuan Jinlu Group Co Ltd (000510) | $1.17 Billion | 5.97% | 1.33x | $1.34 Billion |
| Jilin Gpro Titanium Industry Co Ltd (000545) | $313.50 Million | 0.80% | 0.55x | $436.10 Million |
| Aoyuan Beauty Valley Technology Co Ltd (000615) | $54.68 Million | 39.27% | 1.16x | $871.02 Million |
| Ningxia Younglight Chemicals Co Ltd (000635) | $2.67 Billion | 1.91% | 0.16x | $470.62 Million |
| Maoming Petro-Chemical Shihua Co Ltd (000637) | $220.98 Million | 19.06% | 0.40x | $366.68 Million |
| Inner Mongolia Yuan Xing Energy Co Ltd (000683) | $93.73 Million | 50.32% | 1.49x | $4.87 Billion |
About Yueyang Xingchang Petro-Chemical Co Ltd
Yueyang Xingchang Petro-Chemical Co., Ltd. engages in the development, production, sales, and retail of petrochemical products in China. It offers methyl tert-butyl ether, liquefied petroleum gas, propylene, industrial isooctane, o-cresol, new chemical materials, energy conservation and environmental protection, energy chemicals, etc. The company was founded in 1989 and is based in Yueyang, China.