Xinjiang Zhongtai Chemical Co Ltd (002092) - Net Assets

Latest as of September 2025: CN¥27.63 Billion CNY ≈ $4.04 Billion USD

Based on the latest financial reports, Xinjiang Zhongtai Chemical Co Ltd (002092) has net assets worth CN¥27.63 Billion CNY (≈ $4.04 Billion 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¥78.31 Billion ≈ $11.46 Billion USD) and total liabilities (CN¥50.68 Billion ≈ $7.42 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 Xinjiang Zhongtai Chemical Co Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥27.63 Billion
% of Total Assets	35.29%
Annual Growth Rate	26.06%
5-Year Change	31.36%
10-Year Change	134.4%
Growth Volatility	46.31

Xinjiang Zhongtai Chemical Co Ltd - Net Assets Trend (2003–2024)

This chart illustrates how Xinjiang Zhongtai Chemical Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Xinjiang Zhongtai Chemical Co Ltd for the complete picture of this company's asset base.

Annual Net Assets for Xinjiang Zhongtai Chemical Co Ltd (2003–2024)

The table below shows the annual net assets of Xinjiang Zhongtai Chemical Co Ltd from 2003 to 2024. For live valuation and market cap data, see 002092 stock market capitalisation.

Year	Net Assets	Change
2024-12-31	CN¥28.05 Billion ≈ $4.10 Billion	-4.62%
2023-12-31	CN¥29.40 Billion ≈ $4.30 Billion	-10.74%
2022-12-31	CN¥32.94 Billion ≈ $4.82 Billion	+5.37%
2021-12-31	CN¥31.26 Billion ≈ $4.58 Billion	+46.43%
2020-12-31	CN¥21.35 Billion ≈ $3.12 Billion	-1.56%
2019-12-31	CN¥21.69 Billion ≈ $3.17 Billion	+9.84%
2018-12-31	CN¥19.75 Billion ≈ $2.89 Billion	+3.14%
2017-12-31	CN¥19.15 Billion ≈ $2.80 Billion	+14.78%
2016-12-31	CN¥16.68 Billion ≈ $2.44 Billion	+39.42%
2015-12-31	CN¥11.96 Billion ≈ $1.75 Billion	+17.04%
2014-12-31	CN¥10.22 Billion ≈ $1.50 Billion	+18.19%
2013-12-31	CN¥8.65 Billion ≈ $1.27 Billion	+20.40%
2012-12-31	CN¥7.18 Billion ≈ $1.05 Billion	-5.25%
2011-12-31	CN¥7.58 Billion ≈ $1.11 Billion	+14.46%
2010-12-31	CN¥6.62 Billion ≈ $969.31 Million	+156.43%
2009-12-31	CN¥2.58 Billion ≈ $377.99 Million	+3.51%
2008-12-31	CN¥2.50 Billion ≈ $365.17 Million	+4.77%
2007-12-31	CN¥2.38 Billion ≈ $348.56 Million	+92.37%
2006-12-31	CN¥1.24 Billion ≈ $181.20 Million	+147.96%
2005-12-31	CN¥499.39 Million ≈ $73.08 Million	+32.39%
2004-12-31	CN¥377.22 Million ≈ $55.20 Million	+74.11%
2003-12-31	CN¥216.66 Million ≈ $31.70 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Xinjiang Zhongtai 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 14200.3% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥5.34 Billion	24.53%
Common Stock	CN¥2.59 Billion	11.89%
Other Components	CN¥13.85 Billion	63.58%
Total Equity	CN¥21.78 Billion	100.00%

Xinjiang Zhongtai Chemical Co Ltd Competitors by Market Cap

The table below lists competitors of Xinjiang Zhongtai Chemical Co Ltd ranked by their market capitalization.

Company	Market Cap
Photronics Inc NASDAQ:PLAB	$2.62 Billion
AMP Ltd AU:AMP	$2.62 Billion
Energi Mega Persada Tbk JK:ENRG	$2.62 Billion
Array Digital Infrastructure, Inc. NYSE:AD	$2.63 Billion
Ermenegildo Zegna NV NYSE:ZGN	$2.62 Billion
Lojas Renner S.A. SA:LREN3	$2.62 Billion
Power Integrations Inc NASDAQ:POWI	$2.62 Billion
Kodiak Sciences Inc NASDAQ:KOD	$2.62 Billion

Equity Growth Attribution

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

Equity Growth Insights

From 2023 to 2024, total equity changed from 22,699,569,787 to 21,783,601,000, a change of -915,968,787 (-4.0%).
Net loss of 976,515,440 reduced equity.
Dividend payments of 827,061,143 reduced retained earnings.
Other factors increased equity by 887,607,796.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥-976.52 Million	-4.48%
Dividends Paid	CN¥827.06 Million	-3.8%
Other Changes	CN¥887.61 Million	+4.07%
Total Change	CN¥-	-4.04%

Book Value vs Market Value Analysis

This analysis compares Xinjiang Zhongtai 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: 0.82x
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 14.36x to 0.82x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2003-12-31	CN¥0.48	CN¥6.92	x
2004-12-31	CN¥0.80	CN¥6.92	x
2005-12-31	CN¥1.04	CN¥6.92	x
2006-12-31	CN¥2.75	CN¥6.92	x
2007-12-31	CN¥3.33	CN¥6.92	x
2008-12-31	CN¥3.07	CN¥6.92	x
2009-12-31	CN¥3.17	CN¥6.92	x
2010-12-31	CN¥6.13	CN¥6.92	x
2011-12-31	CN¥6.19	CN¥6.92	x
2012-12-31	CN¥6.21	CN¥6.92	x
2013-12-31	CN¥6.99	CN¥6.92	x
2014-12-31	CN¥6.61	CN¥6.92	x
2015-12-31	CN¥6.82	CN¥6.92	x
2016-12-31	CN¥8.38	CN¥6.92	x
2017-12-31	CN¥8.19	CN¥6.92	x
2018-12-31	CN¥8.44	CN¥6.92	x
2019-12-31	CN¥8.80	CN¥6.92	x
2020-12-31	CN¥8.78	CN¥6.92	x
2021-12-31	CN¥10.85	CN¥6.92	x
2022-12-31	CN¥10.00	CN¥6.92	x
2023-12-31	CN¥8.81	CN¥6.92	x
2024-12-31	CN¥8.46	CN¥6.92	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Xinjiang Zhongtai 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): -4.48%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -3.24%
• Asset Turnover: 0.39x
• Equity Multiplier: 3.54x
Recent ROE (-4.48%) is below the historical average (7.97%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2003	21.64%	11.31%	0.56x	3.41x	CN¥23.81 Million
2004	39.52%	13.33%	0.98x	3.02x	CN¥100.03 Million
2005	27.53%	11.66%	0.65x	3.65x	CN¥77.68 Million
2006	10.71%	7.72%	0.79x	1.75x	CN¥8.45 Million
2007	9.74%	9.59%	0.57x	1.77x	CN¥-6.13 Million
2008	4.94%	3.55%	0.72x	1.92x	CN¥-124.81 Million
2009	4.04%	3.10%	0.44x	2.93x	CN¥-152.26 Million
2010	4.42%	7.14%	0.42x	1.47x	CN¥-367.97 Million
2011	6.85%	6.88%	0.47x	2.13x	CN¥-225.62 Million
2012	3.78%	3.81%	0.32x	3.06x	CN¥-445.19 Million
2013	1.35%	0.94%	0.48x	2.96x	CN¥-732.06 Million
2014	3.81%	2.97%	0.35x	3.64x	CN¥-538.64 Million
2015	0.30%	0.18%	0.44x	3.64x	CN¥-987.12 Million
2016	11.32%	7.89%	0.50x	2.87x	CN¥215.22 Million
2017	13.07%	5.85%	0.74x	3.03x	CN¥564.36 Million
2018	12.83%	3.46%	1.20x	3.10x	CN¥535.83 Million
2019	2.03%	0.46%	1.38x	3.18x	CN¥-1.51 Billion
2020	0.77%	0.17%	1.32x	3.39x	CN¥-1.74 Billion
2021	10.89%	4.37%	0.86x	2.90x	CN¥224.96 Million
2022	3.02%	1.50%	0.64x	3.12x	CN¥-1.80 Billion
2023	-12.62%	-7.72%	0.51x	3.20x	CN¥-5.13 Billion
2024	-4.48%	-3.24%	0.39x	3.54x	CN¥-3.15 Billion

Industry Comparison

This section compares Xinjiang Zhongtai 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
Xinjiang Zhongtai Chemical Co Ltd (002092)	CN¥27.63 Billion	21.64%	1.83x	$2.62 Billion
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 Xinjiang Zhongtai Chemical Co Ltd

SHE:002092 China Chemicals

Market Cap

$2.62 Billion

CN¥17.92 Billion CNY

Market Cap Rank

#5352 Global

#1072 in China

Share Price

CN¥6.92

Change (1 day)

-0.14%

52-Week Range

CN¥4.48 - CN¥8.51

All Time High

CN¥17.45