Chengzhi Shareholding Co Ltd (000990) - Net Assets
Based on the latest financial reports, Chengzhi Shareholding Co Ltd (000990) has net assets worth CN¥18.97 Billion CNY (≈ $2.78 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥28.15 Billion ≈ $4.12 Billion USD) and total liabilities (CN¥9.17 Billion ≈ $1.34 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. Also explore 000990 asset base for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥18.97 Billion |
| % of Total Assets | 67.41% |
| Annual Growth Rate | 21.08% |
| 5-Year Change | 1.16% |
| 10-Year Change | 20.35% |
| Growth Volatility | 104.74 |
Chengzhi Shareholding Co Ltd - Net Assets Trend (1997–2025)
This chart illustrates how Chengzhi Shareholding Co Ltd's net assets have evolved over time, based on quarterly financial data. Check how tangible is Chengzhi Shareholding Co Ltd's equity to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Chengzhi Shareholding Co Ltd (1997–2025)
The table below shows the annual net assets of Chengzhi Shareholding Co Ltd from 1997 to 2025. For live valuation and market cap data, see 000990 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥18.68 Billion ≈ $2.73 Billion |
-0.30% |
| 2024-12-31 | CN¥18.73 Billion ≈ $2.74 Billion |
+1.46% |
| 2023-12-31 | CN¥18.46 Billion ≈ $2.70 Billion |
-0.27% |
| 2022-12-31 | CN¥18.51 Billion ≈ $2.71 Billion |
+0.27% |
| 2021-12-31 | CN¥18.46 Billion ≈ $2.70 Billion |
+10.57% |
| 2020-12-31 | CN¥16.70 Billion ≈ $2.44 Billion |
+2.16% |
| 2019-12-31 | CN¥16.34 Billion ≈ $2.39 Billion |
+0.13% |
| 2018-12-31 | CN¥16.32 Billion ≈ $2.39 Billion |
+1.60% |
| 2017-12-31 | CN¥16.07 Billion ≈ $2.35 Billion |
+3.53% |
| 2016-12-31 | CN¥15.52 Billion ≈ $2.27 Billion |
+491.62% |
| 2015-12-31 | CN¥2.62 Billion ≈ $383.83 Million |
+11.99% |
| 2014-12-31 | CN¥2.34 Billion ≈ $342.75 Million |
+38.31% |
| 2013-12-31 | CN¥1.69 Billion ≈ $247.82 Million |
+2.61% |
| 2012-12-31 | CN¥1.65 Billion ≈ $241.51 Million |
-0.35% |
| 2011-12-31 | CN¥1.66 Billion ≈ $242.36 Million |
+1.54% |
| 2010-12-31 | CN¥1.63 Billion ≈ $238.68 Million |
-2.49% |
| 2009-12-31 | CN¥1.67 Billion ≈ $244.78 Million |
+24.35% |
| 2008-12-31 | CN¥1.35 Billion ≈ $196.85 Million |
+31.41% |
| 2007-12-31 | CN¥1.02 Billion ≈ $149.80 Million |
+2.60% |
| 2006-12-31 | CN¥997.75 Million ≈ $146.00 Million |
+2.26% |
| 2005-12-31 | CN¥975.70 Million ≈ $142.78 Million |
+4.90% |
| 2004-12-31 | CN¥930.16 Million ≈ $136.11 Million |
+10.79% |
| 2003-12-31 | CN¥839.58 Million ≈ $122.86 Million |
+7.10% |
| 2002-12-31 | CN¥783.92 Million ≈ $114.71 Million |
+8.94% |
| 2001-12-31 | CN¥719.56 Million ≈ $105.29 Million |
+8.44% |
| 2000-12-31 | CN¥663.54 Million ≈ $97.10 Million |
+313.36% |
| 1999-12-31 | CN¥160.52 Million ≈ $23.49 Million |
+24.37% |
| 1998-12-31 | CN¥129.07 Million ≈ $18.89 Million |
+46.42% |
| 1997-12-31 | CN¥88.15 Million ≈ $12.90 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Chengzhi Shareholding 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 343045588629.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥3.43 Billion | 19.38% |
| Other Components | CN¥14.27 Billion | 80.62% |
| Total Equity | CN¥17.70 Billion | 100.00% |
Chengzhi Shareholding Co Ltd Competitors by Market Cap
The table below lists competitors of Chengzhi Shareholding Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Modern Times Group Mtg AB
ST:MTG-B
|
$1.64 Billion |
|
Clover Health Investments Corp
NASDAQ:CLOV
|
$1.64 Billion |
|
Ourpalm
SHE:300315
|
$1.64 Billion |
|
Companhia Siderúrgica Nacional
MX:SIDN
|
$1.64 Billion |
|
IMAX Corporation
F:IMA
|
$1.64 Billion |
|
Hyundai Elevator
KO:017800
|
$1.64 Billion |
|
Global Partners LP
NYSE:GLP
|
$1.64 Billion |
|
Walker & Dunlop Inc
NYSE:WD
|
$1.64 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Chengzhi Shareholding Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 17,832,498,223 to 17,697,440,739, a change of -135,057,484 (-0.8%).
- Net loss of 78,142,676 reduced equity.
- Dividend payments of 221,139,834 reduced retained earnings.
- Other comprehensive income decreased equity by 588,096,514.
- Other factors increased equity by 752,321,540.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-78.14 Million | -0.44% |
| Dividends Paid | CN¥221.14 Million | -1.25% |
| Other Comprehensive Income | CN¥-588.10 Million | -3.32% |
| Other Changes | CN¥752.32 Million | +4.25% |
| Total Change | CN¥- | -0.76% |
Book Value vs Market Value Analysis
This analysis compares Chengzhi Shareholding 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: 0.63x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 17.27x to 0.63x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | CN¥0.53 | CN¥9.22 | x |
| 1998-12-31 | CN¥0.76 | CN¥9.22 | x |
| 1999-12-31 | CN¥0.95 | CN¥9.22 | x |
| 2000-12-31 | CN¥4.24 | CN¥9.22 | x |
| 2001-12-31 | CN¥4.45 | CN¥9.22 | x |
| 2002-12-31 | CN¥4.74 | CN¥9.22 | x |
| 2003-12-31 | CN¥5.12 | CN¥9.22 | x |
| 2004-12-31 | CN¥5.38 | CN¥9.22 | x |
| 2005-12-31 | CN¥5.63 | CN¥9.22 | x |
| 2006-12-31 | CN¥3.59 | CN¥9.22 | x |
| 2007-12-31 | CN¥3.75 | CN¥9.22 | x |
| 2008-12-31 | CN¥4.75 | CN¥9.22 | x |
| 2009-12-31 | CN¥5.51 | CN¥9.22 | x |
| 2010-12-31 | CN¥5.31 | CN¥9.22 | x |
| 2011-12-31 | CN¥5.39 | CN¥9.22 | x |
| 2012-12-31 | CN¥5.43 | CN¥9.22 | x |
| 2013-12-31 | CN¥5.57 | CN¥9.22 | x |
| 2014-12-31 | CN¥7.25 | CN¥9.22 | x |
| 2015-12-31 | CN¥6.35 | CN¥9.22 | x |
| 2016-12-31 | CN¥39.45 | CN¥9.22 | x |
| 2017-12-31 | CN¥12.69 | CN¥9.22 | x |
| 2018-12-31 | CN¥12.91 | CN¥9.22 | x |
| 2019-12-31 | CN¥13.28 | CN¥9.22 | x |
| 2020-12-31 | CN¥13.57 | CN¥9.22 | x |
| 2021-12-31 | CN¥14.53 | CN¥9.22 | x |
| 2022-12-31 | CN¥14.54 | CN¥9.22 | x |
| 2023-12-31 | CN¥14.53 | CN¥9.22 | x |
| 2024-12-31 | CN¥14.67 | CN¥9.22 | x |
| 2025-12-31 | CN¥14.56 | CN¥9.22 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Chengzhi Shareholding 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): -0.44%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.71%
- • Asset Turnover: 0.40x
- • Equity Multiplier: 1.57x
- Recent ROE (-0.44%) is below the historical average (5.62%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 25.29% | 8.93% | 1.52x | 1.86x | CN¥12.22 Million |
| 1998 | 20.51% | 10.00% | 1.09x | 1.89x | CN¥11.92 Million |
| 1999 | 19.90% | 14.07% | 0.75x | 1.90x | CN¥14.01 Million |
| 2000 | 6.37% | 14.73% | 0.35x | 1.24x | CN¥-23.02 Million |
| 2001 | 6.77% | 10.27% | 0.48x | 1.39x | CN¥-21.48 Million |
| 2002 | 7.79% | 6.82% | 0.58x | 1.99x | CN¥-15.68 Million |
| 2003 | 7.31% | 3.85% | 0.91x | 2.08x | CN¥-20.58 Million |
| 2004 | 5.96% | 4.30% | 0.67x | 2.08x | CN¥-32.50 Million |
| 2005 | 5.91% | 3.55% | 0.73x | 2.27x | CN¥-34.50 Million |
| 2006 | 5.87% | 3.61% | 0.63x | 2.57x | CN¥-35.77 Million |
| 2007 | 5.62% | 2.58% | 0.87x | 2.49x | CN¥-39.71 Million |
| 2008 | 2.23% | 1.09% | 0.88x | 2.31x | CN¥-95.81 Million |
| 2009 | 2.58% | 1.43% | 0.77x | 2.35x | CN¥-116.88 Million |
| 2010 | 1.37% | 0.69% | 0.89x | 2.26x | CN¥-135.21 Million |
| 2011 | 1.98% | 1.06% | 0.89x | 2.10x | CN¥-127.93 Million |
| 2012 | 1.69% | 0.81% | 1.12x | 1.89x | CN¥-133.58 Million |
| 2013 | 3.14% | 1.30% | 1.20x | 2.02x | CN¥-113.17 Million |
| 2014 | 3.16% | 1.83% | 1.02x | 1.69x | CN¥-158.62 Million |
| 2015 | 5.67% | 3.41% | 0.82x | 2.03x | CN¥-105.42 Million |
| 2016 | 0.72% | 4.30% | 0.13x | 1.32x | CN¥-1.42 Billion |
| 2017 | 5.08% | 14.20% | 0.27x | 1.32x | CN¥-781.83 Million |
| 2018 | 5.25% | 14.47% | 0.25x | 1.45x | CN¥-768.65 Million |
| 2019 | 2.74% | 6.40% | 0.29x | 1.49x | CN¥-1.17 Billion |
| 2020 | 2.15% | 3.65% | 0.40x | 1.48x | CN¥-1.29 Billion |
| 2021 | 5.71% | 8.28% | 0.50x | 1.38x | CN¥-756.73 Million |
| 2022 | 0.29% | 0.43% | 0.48x | 1.39x | CN¥-1.72 Billion |
| 2023 | 1.01% | 1.43% | 0.48x | 1.46x | CN¥-1.59 Billion |
| 2024 | 1.29% | 2.08% | 0.41x | 1.52x | CN¥-1.55 Billion |
| 2025 | -0.44% | -0.71% | 0.40x | 1.57x | CN¥-1.85 Billion |
Industry Comparison
This section compares Chengzhi Shareholding Co Ltd's net assets metrics with peer companies in the Biotechnology industry.
Industry Context
- Industry: Biotechnology
- Average net assets among peers: $1,054,407,059
- Average return on equity (ROE) among peers: -13.64%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chengzhi Shareholding Co Ltd (000990) | CN¥18.97 Billion | 25.29% | 0.48x | $1.64 Billion |
| Shenzhen CAU Technology Co Ltd (000004) | $72.91 Million | -180.40% | 3.27x | $9.88 Million |
| Pacific Shuanglin Bio pharmacy Co Ltd (000403) | $351.68 Million | 19.98% | 2.38x | $1.33 Billion |
| Nanhua Bio Medicine Co Ltd (000504) | $110.32 Million | -17.34% | 4.98x | $385.38 Million |
| Jiangsu Sihuan Bioengineering Co Ltd (000518) | $611.10 Million | 0.73% | 0.66x | $537.84 Million |
| Hualan Biological EngineeringInc (002007) | $550.80 Million | 9.54% | 0.27x | $3.53 Billion |
| Da An Gene Co Ltd of Sun Yat-Sen University (002030) | $1.94 Billion | 5.22% | 0.57x | $1.05 Billion |
| Shanghai RAAS Blood Products Co Ltd Class A (002252) | $231.70 Million | 22.12% | 0.44x | $4.99 Billion |
| Baolingbao Biology Co Ltd (002286) | $1.51 Billion | 3.27% | 0.28x | $418.78 Million |
| Tibet Cheezheng Tibetan Medicine Co Ltd (002287) | $4.11 Billion | 14.16% | 0.65x | $1.76 Billion |
About Chengzhi Shareholding Co Ltd
Chengzhi Co., Ltd. engages in the clean energy, semiconductor display material, and healthcare and life science businesses in China. The company produces and sells gas products, including carbon monoxide, purified gas, and syngas, as well as industrial chemical products, such as methanol, ethylene, and butanol. It also processes materials comprising TN type, STN type, and TFT type; and glass proc… Read more