Shaoxing Xingxin New Material
Shaoxing Xingxin New Material Co.,Ltd engages in the development of electronic and environment-friendly chemicals, pharmaceutical intermediates, high molecule materials, and other materials. Its products include piperazine anhydrous, 2-methylpiperazine, n-methylpiperazine, n-(2-hydroxyethyl)piperazine, n,n'-di(2-hydroxyethyl)piperazine, n-(2-hydroxypropyl)-1,2-ethylenediamine, n-(2-hydroxyethyl)e… Read more
Shaoxing Xingxin New Material (001358) - Net Assets
Latest net assets as of September 2025: CN¥1.43 Billion CNY
Based on the latest financial reports, Shaoxing Xingxin New Material (001358) has net assets worth CN¥1.43 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¥1.58 Billion) and total liabilities (CN¥146.72 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¥1.43 Billion |
| % of Total Assets | 90.7% |
| Annual Growth Rate | 42.68% |
| 5-Year Change | 431.64% |
| 10-Year Change | N/A |
| Growth Volatility | 60.69 |
Shaoxing Xingxin New Material - Net Assets Trend (2019–2024)
This chart illustrates how Shaoxing Xingxin New Material's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Shaoxing Xingxin New Material (2019–2024)
The table below shows the annual net assets of Shaoxing Xingxin New Material from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-09-30 | CN¥1.46 Billion | -3.83% |
| 2023-09-30 | CN¥1.52 Billion | +166.75% |
| 2022-09-30 | CN¥568.08 Million | +58.18% |
| 2021-09-30 | CN¥359.14 Million | +31.02% |
| 2020-09-30 | CN¥274.11 Million | +11.29% |
| 2019-09-30 | CN¥246.30 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shaoxing Xingxin New Material'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 578.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥465.50 Million | 32.00% |
| Common Stock | CN¥123.20 Million | 8.47% |
| Other Comprehensive Income | CN¥52.48 Million | 3.61% |
| Other Components | CN¥813.52 Million | 55.92% |
| Total Equity | CN¥1.45 Billion | 100.00% |
Shaoxing Xingxin New Material Competitors by Market Cap
The table below lists competitors of Shaoxing Xingxin New Material ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Inner Mongolia Xinhua Distribution Group Co.Ltd.
SHG:603230
|
$142.26 Million |
|
Greystone Housing Impact Investors LP
NYSE:GHI
|
$142.27 Million |
|
STP&I Public Company Limited
BK:STPI
|
$142.29 Million |
|
Pitti Engineering Limited
NSE:PITTIENG
|
$142.30 Million |
|
Reservoir Media Inc
NASDAQ:RSVR
|
$142.22 Million |
|
Autosports Group Ltd
AU:ASG
|
$142.18 Million |
|
Innoviz Technologies
NASDAQ:INVZ
|
$142.17 Million |
|
Translational Development Acquisition Corp. Ordinary Shares
NASDAQ:TDAC
|
$142.14 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shaoxing Xingxin New Material's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,515,334,550 to 1,454,704,370, a change of -60,630,180 (-4.0%).
- Net income of 81,149,928 contributed positively to equity growth.
- Dividend payments of 106,120,399 reduced retained earnings.
- Share repurchases of 36,646,739 reduced equity.
- Other comprehensive income increased equity by 52,483,211.
- Other factors decreased equity by 51,496,181.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥81.15 Million | +5.58% |
| Dividends Paid | CN¥106.12 Million | -7.29% |
| Share Repurchases | CN¥36.65 Million | -2.52% |
| Other Comprehensive Income | CN¥52.48 Million | +3.61% |
| Other Changes | CN¥-51.50 Million | -3.54% |
| Total Change | CN¥- | -4.00% |
Book Value vs Market Value Analysis
This analysis compares Shaoxing Xingxin New Material'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: 2.41x
- 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 14.41x to 2.41x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-09-30 | CN¥2.00 | CN¥28.80 | x |
| 2020-09-30 | CN¥2.21 | CN¥28.80 | x |
| 2021-09-30 | CN¥2.89 | CN¥28.80 | x |
| 2022-09-30 | CN¥4.59 | CN¥28.80 | x |
| 2023-09-30 | CN¥16.44 | CN¥28.80 | x |
| 2024-09-30 | CN¥11.93 | CN¥28.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shaoxing Xingxin New Material 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): 5.58%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.33%
- • Asset Turnover: 0.30x
- • Equity Multiplier: 1.07x
- Recent ROE (5.58%) is below the historical average (21.24%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 24.30% | 19.45% | 0.82x | 1.52x | CN¥35.20 Million |
| 2020 | 18.82% | 13.87% | 0.89x | 1.52x | CN¥24.04 Million |
| 2021 | 32.45% | 22.93% | 0.98x | 1.44x | CN¥79.93 Million |
| 2022 | 36.96% | 27.16% | 1.04x | 1.31x | CN¥152.37 Million |
| 2023 | 9.34% | 22.46% | 0.38x | 1.10x | CN¥-9.96 Million |
| 2024 | 5.58% | 17.33% | 0.30x | 1.07x | CN¥-64.32 Million |
Industry Comparison
This section compares Shaoxing Xingxin New Material'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 |
|---|---|---|---|---|
| Shaoxing Xingxin New Material (001358) | CN¥1.43 Billion | 24.30% | 0.10x | $142.24 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 |