Poly Union Chemical Holding Group Co Ltd (002037) - Net Assets

Latest as of March 2026: CN¥1.75 Billion CNY ≈ $255.48 Million USD

Based on the latest financial reports, Poly Union Chemical Holding Group Co Ltd (002037) has net assets worth CN¥1.75 Billion CNY (≈ $255.48 Million 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¥14.79 Billion ≈ $2.16 Billion USD) and total liabilities (CN¥13.04 Billion ≈ $1.91 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. Check Poly Union Chemical Holding Group Co Ltd (002037) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥1.75 Billion
% of Total Assets	11.81%
Annual Growth Rate	14.97%
5-Year Change	-62.49%
10-Year Change	-21.16%
Growth Volatility	42.13

Poly Union Chemical Holding Group Co Ltd - Net Assets Trend (2001–2025)

This chart illustrates how Poly Union Chemical Holding Group Co Ltd's net assets have evolved over time, based on quarterly financial data. See Poly Union Chemical Holding Group Co Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Poly Union Chemical Holding Group Co Ltd (2001–2025)

The table below shows the annual net assets of Poly Union Chemical Holding Group Co Ltd from 2001 to 2025. For live valuation and market cap data, see market value of Poly Union Chemical Holding Group Co Ltd.

Year	Net Assets	Change
2025-12-31	CN¥1.86 Billion ≈ $272.37 Million	-34.74%
2024-12-31	CN¥2.85 Billion ≈ $417.36 Million	-2.61%
2023-12-31	CN¥2.93 Billion ≈ $428.54 Million	-22.36%
2022-12-31	CN¥3.77 Billion ≈ $551.99 Million	-23.99%
2021-12-31	CN¥4.96 Billion ≈ $726.17 Million	+12.72%
2020-12-31	CN¥4.40 Billion ≈ $644.25 Million	+6.05%
2019-12-31	CN¥4.15 Billion ≈ $607.50 Million	+14.65%
2018-12-31	CN¥3.62 Billion ≈ $529.89 Million	+50.21%
2017-12-31	CN¥2.41 Billion ≈ $352.77 Million	+2.11%
2016-12-31	CN¥2.36 Billion ≈ $345.48 Million	+1.89%
2015-12-31	CN¥2.32 Billion ≈ $339.08 Million	+2.20%
2014-12-31	CN¥2.27 Billion ≈ $331.77 Million	+10.86%
2013-12-31	CN¥2.05 Billion ≈ $299.26 Million	+12.84%
2012-12-31	CN¥1.81 Billion ≈ $265.22 Million	+84.75%
2011-12-31	CN¥981.02 Million ≈ $143.55 Million	+24.05%
2010-12-31	CN¥790.80 Million ≈ $115.72 Million	+17.50%
2009-12-31	CN¥673.00 Million ≈ $98.48 Million	+16.99%
2008-12-31	CN¥575.26 Million ≈ $84.18 Million	+11.93%
2007-12-31	CN¥513.93 Million ≈ $75.20 Million	+4.79%
2006-12-31	CN¥490.45 Million ≈ $71.77 Million	+5.16%
2005-12-31	CN¥466.37 Million ≈ $68.24 Million	+1.93%
2004-12-31	CN¥457.55 Million ≈ $66.95 Million	+178.03%
2003-12-31	CN¥164.57 Million ≈ $24.08 Million	+53.67%
2002-12-31	CN¥107.09 Million ≈ $15.67 Million	+63.71%
2001-12-31	CN¥65.41 Million ≈ $9.57 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Poly Union Chemical Holding Group 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 95887648640.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Other Components	CN¥2.06 Billion	187.34%
Total Equity	CN¥1.10 Billion	100.00%

Poly Union Chemical Holding Group Co Ltd Competitors by Market Cap

The table below lists competitors of Poly Union Chemical Holding Group Co Ltd ranked by their market capitalization.

Company	Market Cap
Amex Exploration Inc V:AMX	$468.88 Million
Zhejiang Yilida Ventilator Co Ltd SHE:002686	$468.98 Million
Sichuan Shengda Forestry Industry Co Ltd SHE:002259	$468.98 Million
Grand Korea Leisure Co. Ltd KO:114090	$469.07 Million
Shanghai Guangdian Electric Group Co Ltd SHG:601616	$468.45 Million
Sikarin Public Company Limited BK:SKR	$468.32 Million
Shanghai Welltech Automation Co Ltd SHE:002058	$468.31 Million
Yext Inc NYSE:YEXT	$468.30 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Poly Union Chemical Holding Group Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 1,928,037,170 to 1,097,828,402, a change of -830,208,768 (-43.1%).
Net loss of 849,165,333 reduced equity.
Dividend payments of 240,501,368 reduced retained earnings.
Other comprehensive income decreased equity by 238,402,313.
Other factors increased equity by 497,860,246.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥-849.17 Million	-77.35%
Dividends Paid	CN¥240.50 Million	-21.91%
Other Comprehensive Income	CN¥-238.40 Million	-21.72%
Other Changes	CN¥497.86 Million	+45.35%
Total Change	CN¥-	-43.06%

Book Value vs Market Value Analysis

This analysis compares Poly Union Chemical Holding Group 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: 2.92x
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 28.64x to 2.92x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2001-12-31	CN¥0.23	CN¥6.62	x
2002-12-31	CN¥0.37	CN¥6.62	x
2003-12-31	CN¥0.48	CN¥6.62	x
2004-12-31	CN¥1.50	CN¥6.62	x
2005-12-31	CN¥1.48	CN¥6.62	x
2006-12-31	CN¥1.52	CN¥6.62	x
2007-12-31	CN¥1.54	CN¥6.62	x
2008-12-31	CN¥1.72	CN¥6.62	x
2009-12-31	CN¥1.98	CN¥6.62	x
2010-12-31	CN¥2.35	CN¥6.62	x
2011-12-31	CN¥2.97	CN¥6.62	x
2012-12-31	CN¥5.09	CN¥6.62	x
2013-12-31	CN¥5.39	CN¥6.62	x
2014-12-31	CN¥5.91	CN¥6.62	x
2015-12-31	CN¥6.07	CN¥6.62	x
2016-12-31	CN¥6.18	CN¥6.62	x
2017-12-31	CN¥4.22	CN¥6.62	x
2018-12-31	CN¥6.64	CN¥6.62	x
2019-12-31	CN¥6.91	CN¥6.62	x
2020-12-31	CN¥7.15	CN¥6.62	x
2021-12-31	CN¥7.35	CN¥6.62	x
2022-12-31	CN¥5.32	CN¥6.62	x
2023-12-31	CN¥4.04	CN¥6.62	x
2024-12-31	CN¥3.98	CN¥6.62	x
2025-12-31	CN¥2.27	CN¥6.62	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Poly Union Chemical Holding Group 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): -77.35%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -12.69%
• Asset Turnover: 0.43x
• Equity Multiplier: 14.24x
Recent ROE (-77.35%) is below the historical average (3.30%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2001	17.68%	7.49%	0.91x	2.60x	CN¥4.93 Million
2002	22.33%	11.58%	0.85x	2.28x	CN¥12.66 Million
2003	22.94%	8.87%	1.04x	2.49x	CN¥17.24 Million
2004	7.36%	7.70%	0.66x	1.45x	CN¥-11.01 Million
2005	8.56%	7.36%	0.72x	1.63x	CN¥-5.90 Million
2006	9.20%	6.44%	0.82x	1.74x	CN¥-3.37 Million
2007	8.67%	5.73%	0.83x	1.83x	CN¥-5.74 Million
2008	7.99%	4.40%	0.92x	1.98x	CN¥-9.49 Million
2009	13.91%	6.50%	0.90x	2.38x	CN¥21.30 Million
2010	17.28%	7.21%	0.84x	2.84x	CN¥47.40 Million
2011	24.40%	8.27%	0.86x	3.43x	CN¥118.32 Million
2012	12.59%	6.48%	0.67x	2.90x	CN¥41.29 Million
2013	11.68%	6.05%	0.56x	3.45x	CN¥29.63 Million
2014	11.34%	5.63%	0.50x	4.01x	CN¥25.99 Million
2015	4.12%	2.57%	0.38x	4.22x	CN¥-116.01 Million
2016	3.07%	1.83%	0.46x	3.63x	CN¥-139.58 Million
2017	7.34%	2.83%	0.68x	3.80x	CN¥-54.88 Million
2018	5.42%	2.94%	0.55x	3.38x	CN¥-149.82 Million
2019	4.34%	2.91%	0.39x	3.79x	CN¥-190.56 Million
2020	3.64%	2.10%	0.39x	4.39x	CN¥-220.25 Million
2021	-1.63%	-0.98%	0.37x	4.47x	CN¥-422.04 Million
2022	-30.43%	-12.35%	0.39x	6.30x	CN¥-1.04 Billion
2023	-33.90%	-9.77%	0.41x	8.46x	CN¥-857.68 Million
2024	2.04%	0.61%	0.38x	8.84x	CN¥-153.54 Million
2025	-77.35%	-12.69%	0.43x	14.24x	CN¥-958.95 Million

Industry Comparison

This section compares Poly Union Chemical Holding Group Co Ltd's net assets metrics with peer companies in the Specialty Chemicals industry.

Industry Context

Industry: Specialty Chemicals
Average net assets among peers: $6,589,688,302
Average return on equity (ROE) among peers: 6.75%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Poly Union Chemical Holding Group Co Ltd (002037)	CN¥1.75 Billion	17.68%	7.47x	$468.74 Million
Chongqing Sanxia Paints Co Ltd (000565)	$1.30 Billion	0.62%	0.29x	$390.84 Million
Hengyi Petrochemical Co Ltd (000703)	$32.94 Billion	10.26%	2.20x	$6.57 Billion
Guangdong Xinhui Meida Nylon Co Ltd (000782)	$552.98 Million	12.21%	1.11x	$737.44 Million
Luxi Chemical Group Co Ltd (000830)	$5.61 Billion	5.45%	2.19x	$3.51 Billion
China Minmetals Rare Earth Co Ltd (000831)	$1.07 Billion	6.09%	3.18x	$9.61 Billion
Anhui Guofeng Plastic Industry Co Ltd (000859)	$1.39 Billion	0.45%	0.38x	$1.50 Billion
Cofco Biochemical Anhui Co Ltd (000930)	$1.51 Billion	7.32%	1.02x	$1.27 Billion
Shandong Link Science and Technology Co Ltd (001207)	$1.32 Billion	12.34%	0.44x	$751.43 Million
Zhejiang Transfar Co Ltd (002010)	$13.62 Billion	6.01%	1.21x	$1.98 Billion

About Poly Union Chemical Holding Group Co Ltd

SHE:002037 China Specialty Chemicals

Market Cap

$468.74 Million

CN¥3.20 Billion CNY

Market Cap Rank

#12742 Global

#3773 in China

Share Price

CN¥6.62

Change (1 day)

+0.46%

52-Week Range

CN¥6.59 - CN¥16.06

All Time High

CN¥29.66