Shandong Haihua Co Ltd

SHE:000822 China Chemicals
Market Cap
$822.23 Million
CN¥6.03 Billion CNY
Market Cap Rank
#10400 Global
#2294 in China
Share Price
CN¥6.74
Change (1 day)
+2.74%
52-Week Range
CN¥5.06 - CN¥7.24
All Time High
CN¥14.87
Categories
Companies in China Chemicals
About

Shandong Haihua Co.,Ltd, together with its subsidiaries, engages in the production and sale of chemical products in China and internationally. It offers soda ash, caustic soda, alkali, industrial bromine and bromine, industrial salt, calcium chloride, baking soda, chlorine, sodium hydroxide, hydrochloric acid, dilute sulfuric acid, sodium hypochlorite, hydrogen, hydrogen peroxide, and feed additi… Read more

Shandong Haihua Co Ltd (000822) - Net Assets

Latest net assets as of September 2025: CN¥4.78 Billion CNY

Based on the latest financial reports, Shandong Haihua Co Ltd (000822) has net assets worth CN¥4.78 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¥9.28 Billion) and total liabilities (CN¥4.50 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¥4.78 Billion
% of Total Assets 51.48%
Annual Growth Rate 9.44%
5-Year Change 71.94%
10-Year Change 128.74%
Growth Volatility 36.02

Shandong Haihua Co Ltd - Net Assets Trend (1995–2024)

This chart illustrates how Shandong Haihua 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 Shandong Haihua Co Ltd (1995–2024)

The table below shows the annual net assets of Shandong Haihua Co Ltd from 1995 to 2024.

Year Net Assets Change
2024-12-31 CN¥5.18 Billion +0.38%
2023-12-31 CN¥5.16 Billion +25.07%
2022-12-31 CN¥4.13 Billion +17.27%
2021-12-31 CN¥3.52 Billion +16.78%
2020-12-31 CN¥3.01 Billion -9.55%
2019-12-31 CN¥3.33 Billion -0.37%
2018-12-31 CN¥3.34 Billion +19.36%
2017-12-31 CN¥2.80 Billion +30.79%
2016-12-31 CN¥2.14 Billion -5.43%
2015-12-31 CN¥2.26 Billion +5.70%
2014-12-31 CN¥2.14 Billion +2.87%
2013-12-31 CN¥2.08 Billion -37.30%
2012-12-31 CN¥3.32 Billion -16.17%
2011-12-31 CN¥3.96 Billion +10.74%
2010-12-31 CN¥3.58 Billion +2.14%
2009-12-31 CN¥3.50 Billion -17.41%
2008-12-31 CN¥4.24 Billion +6.48%
2007-12-31 CN¥3.98 Billion +32.05%
2006-12-31 CN¥3.02 Billion +14.18%
2005-12-31 CN¥2.64 Billion +23.54%
2004-12-31 CN¥2.14 Billion +10.39%
2003-12-31 CN¥1.94 Billion +8.56%
2002-12-31 CN¥1.78 Billion +5.70%
2001-12-31 CN¥1.69 Billion +40.72%
2000-12-31 CN¥1.20 Billion +5.13%
1999-12-31 CN¥1.14 Billion -1.26%
1998-12-31 CN¥1.16 Billion +184.69%
1997-12-31 CN¥406.09 Million +7.17%
1996-12-31 CN¥378.91 Million 0.00%
1995-12-31 CN¥378.91 Million --

Equity Component Analysis

This analysis shows how different components contribute to Shandong Haihua 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 269905370400.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥2.70 Billion 51.91%
Common Stock CN¥895.09 Million 17.22%
Other Components CN¥1.61 Billion 30.87%
Total Equity CN¥5.20 Billion 100.00%

Shandong Haihua Co Ltd Competitors by Market Cap

The table below lists competitors of Shandong Haihua Co Ltd ranked by their market capitalization.

Company Market Cap
Eit Environmental Development Group
SHE:300815
 		$488.05 Million
Qinghai Jinrui Mineral Development Co Ltd
SHG:600714
 		$488.14 Million
BAKKAVOR GRP PLC LS -1
F:5I4
 		$488.16 Million
Shipping Corporation Of India Limited
NSE:SCI
 		$488.30 Million
Guangdong Xinbao Electrical Appliances Holdings Co Ltd
SHE:002705
 		$487.77 Million
SCG PACKAGING -FGN- BA 1
F:5Y7A
 		$487.47 Million
Tianjin You Fa Steel Pipe Group Stock Co Ltd
SHG:601686
 		$487.39 Million
Cimsa Cimento Sanayi ve Ticaret AS
IS:CIMSA
 		$487.35 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 5,179,480,972 to 5,199,161,903, a change of 19,680,931 (0.4%).
  • Net income of 39,216,729 contributed positively to equity growth.
  • Dividend payments of 96,102,000 reduced retained earnings.
  • Other comprehensive income decreased equity by 523,614,133.
  • Other factors increased equity by 600,180,335.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥39.22 Million +0.75%
Dividends Paid CN¥96.10 Million -1.85%
Other Comprehensive Income CN¥-523.61 Million -10.07%
Other Changes CN¥600.18 Million +11.54%
Total Change CN¥- 0.38%

Book Value vs Market Value Analysis

This analysis compares Shandong Haihua 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: 1.27x
  • 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 14.52x to 1.27x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1995-12-31 CN¥0.46 CN¥6.74 x
1996-12-31 CN¥0.46 CN¥6.74 x
1997-12-31 CN¥0.50 CN¥6.74 x
1998-12-31 CN¥1.40 CN¥6.74 x
1999-12-31 CN¥1.38 CN¥6.74 x
2000-12-31 CN¥1.45 CN¥6.74 x
2001-12-31 CN¥2.02 CN¥6.74 x
2002-12-31 CN¥2.13 CN¥6.74 x
2003-12-31 CN¥2.33 CN¥6.74 x
2004-12-31 CN¥2.51 CN¥6.74 x
2005-12-31 CN¥3.06 CN¥6.74 x
2006-12-31 CN¥3.35 CN¥6.74 x
2007-12-31 CN¥4.28 CN¥6.74 x
2008-12-31 CN¥4.37 CN¥6.74 x
2009-12-31 CN¥3.68 CN¥6.74 x
2010-12-31 CN¥3.84 CN¥6.74 x
2011-12-31 CN¥4.14 CN¥6.74 x
2012-12-31 CN¥3.49 CN¥6.74 x
2013-12-31 CN¥2.24 CN¥6.74 x
2014-12-31 CN¥2.34 CN¥6.74 x
2015-12-31 CN¥2.59 CN¥6.74 x
2016-12-31 CN¥2.44 CN¥6.74 x
2017-12-31 CN¥3.18 CN¥6.74 x
2018-12-31 CN¥3.80 CN¥6.74 x
2019-12-31 CN¥3.76 CN¥6.74 x
2020-12-31 CN¥3.40 CN¥6.74 x
2021-12-31 CN¥4.43 CN¥6.74 x
2022-12-31 CN¥4.64 CN¥6.74 x
2023-12-31 CN¥5.80 CN¥6.74 x
2024-12-31 CN¥5.30 CN¥6.74 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shandong Haihua 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): 0.75%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 0.65%
  • • Asset Turnover: 0.70x
  • • Equity Multiplier: 1.65x
  • Recent ROE (0.75%) is below the historical average (7.37%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1995 27.74% 12.30% 0.89x 2.54x CN¥67.21 Million
1996 29.17% 11.31% 1.00x 2.59x CN¥72.65 Million
1997 26.44% 10.38% 0.98x 2.60x CN¥66.74 Million
1998 12.72% 13.48% 0.52x 1.83x CN¥31.16 Million
1999 10.11% 11.66% 0.42x 2.05x CN¥1.22 Million
2000 13.11% 13.28% 0.51x 1.96x CN¥36.80 Million
2001 11.02% 12.65% 0.47x 1.84x CN¥16.87 Million
2002 7.79% 7.21% 0.63x 1.72x CN¥-38.47 Million
2003 8.41% 6.03% 0.64x 2.19x CN¥-30.22 Million
2004 8.99% 4.17% 0.72x 3.01x CN¥-20.64 Million
2005 11.39% 4.11% 0.98x 2.84x CN¥34.81 Million
2006 10.41% 3.54% 1.03x 2.86x CN¥11.63 Million
2007 9.18% 3.98% 1.02x 2.27x CN¥-30.52 Million
2008 5.20% 2.42% 1.01x 2.12x CN¥-191.34 Million
2009 -21.47% -12.91% 0.71x 2.36x CN¥-1.03 Billion
2010 1.30% 0.63% 0.97x 2.13x CN¥-290.58 Million
2011 10.38% 5.16% 1.11x 1.81x CN¥14.16 Million
2012 -16.60% -10.52% 0.82x 1.91x CN¥-833.35 Million
2013 -56.33% -26.16% 0.79x 2.71x CN¥-1.33 Billion
2014 7.70% 3.40% 1.26x 1.80x CN¥-49.27 Million
2015 5.41% 3.48% 0.95x 1.64x CN¥-104.15 Million
2016 -5.74% -3.66% 0.89x 1.75x CN¥-337.61 Million
2017 24.19% 14.22% 1.12x 1.52x CN¥401.96 Million
2018 17.38% 11.15% 1.15x 1.36x CN¥249.12 Million
2019 4.85% 3.53% 1.02x 1.34x CN¥-173.09 Million
2020 -8.27% -6.83% 0.86x 1.42x CN¥-556.01 Million
2021 18.92% 11.18% 1.20x 1.40x CN¥353.99 Million
2022 26.67% 11.41% 1.41x 1.66x CN¥692.66 Million
2023 20.16% 12.24% 1.06x 1.55x CN¥526.16 Million
2024 0.75% 0.65% 0.70x 1.65x CN¥-480.70 Million

Industry Comparison

This section compares Shandong Haihua Co Ltd's net assets metrics with peer companies in the Chemicals industry.

Industry Context

  • Industry: Chemicals
  • Average net assets among peers: $2,626,916,213
  • Average return on equity (ROE) among peers: 12.41%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shandong Haihua Co Ltd (000822) CN¥4.78 Billion 27.74% 0.94x $487.81 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
Shenyang Chemical Industry Co Ltd (000698) $3.01 Billion 7.14% 1.28x $240.44 Million
Hubei Shuanghuan Science and Technology Stock Co Ltd (000707) $759.12 Million 13.65% 0.22x $412.94 Million