Hunan Nanling Industrial Explosive Materials Co Ltd (002096) - Net Assets

Latest as of March 2026: CN¥8.63 Billion CNY ≈ $1.26 Billion USD

Based on the latest financial reports, Hunan Nanling Industrial Explosive Materials Co Ltd (002096) has net assets worth CN¥8.63 Billion CNY (≈ $1.26 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¥12.50 Billion ≈ $1.83 Billion USD) and total liabilities (CN¥3.87 Billion ≈ $566.75 Million 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 Hunan Nanling Industrial Explosive Mater (002096) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥8.63 Billion
% of Total Assets	69.03%
Annual Growth Rate	24.31%
5-Year Change	350.64%
10-Year Change	306.48%
Growth Volatility	63.68

Hunan Nanling Industrial Explosive Materials Co Ltd - Net Assets Trend (2003–2025)

This chart illustrates how Hunan Nanling Industrial Explosive Materials Co Ltd's net assets have evolved over time, based on quarterly financial data. See Hunan Nanling Industrial Explosive Mater liquidity coverage in days to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Hunan Nanling Industrial Explosive Materials Co Ltd (2003–2025)

The table below shows the annual net assets of Hunan Nanling Industrial Explosive Materials Co Ltd from 2003 to 2025. For live valuation and market cap data, see how much is Hunan Nanling Industrial Explosive Mater worth.

Year	Net Assets	Change
2025-12-31	CN¥8.51 Billion ≈ $1.25 Billion	+9.36%
2024-12-31	CN¥7.78 Billion ≈ $1.14 Billion	+6.89%
2023-12-31	CN¥7.28 Billion ≈ $1.07 Billion	+190.26%
2022-12-31	CN¥2.51 Billion ≈ $367.15 Million	+32.81%
2021-12-31	CN¥1.89 Billion ≈ $276.45 Million	+2.25%
2020-12-31	CN¥1.85 Billion ≈ $270.37 Million	-10.49%
2019-12-31	CN¥2.06 Billion ≈ $302.04 Million	+1.70%
2018-12-31	CN¥2.03 Billion ≈ $297.00 Million	-1.24%
2017-12-31	CN¥2.06 Billion ≈ $300.71 Million	-1.88%
2016-12-31	CN¥2.09 Billion ≈ $306.48 Million	-12.41%
2015-12-31	CN¥2.39 Billion ≈ $349.90 Million	+13.74%
2014-12-31	CN¥2.10 Billion ≈ $307.64 Million	+8.23%
2013-12-31	CN¥1.94 Billion ≈ $284.26 Million	+9.82%
2012-12-31	CN¥1.77 Billion ≈ $258.83 Million	+6.51%
2011-12-31	CN¥1.66 Billion ≈ $243.01 Million	+231.74%
2010-12-31	CN¥500.60 Million ≈ $73.25 Million	+18.20%
2009-12-31	CN¥423.52 Million ≈ $61.97 Million	+27.88%
2008-12-31	CN¥331.19 Million ≈ $48.46 Million	+14.44%
2007-12-31	CN¥289.41 Million ≈ $42.35 Million	+11.69%
2006-12-31	CN¥259.11 Million ≈ $37.92 Million	+142.62%
2005-12-31	CN¥106.80 Million ≈ $15.63 Million	+22.95%
2004-12-31	CN¥86.86 Million ≈ $12.71 Million	+22.45%
2003-12-31	CN¥70.94 Million ≈ $10.38 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Hunan Nanling Industrial Explosive Materials 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 23222.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥2.75 Billion	34.43%
Other Components	CN¥5.24 Billion	65.57%
Total Equity	CN¥7.98 Billion	100.00%

Hunan Nanling Industrial Explosive Materials Co Ltd Competitors by Market Cap

The table below lists competitors of Hunan Nanling Industrial Explosive Materials Co Ltd ranked by their market capitalization.

Company	Market Cap
Fibra Terrafina MX:TERRA13	$1.69 Billion
BCO LATINOAMER.D.COM.EX.E F:D8Q	$1.69 Billion
Nanjing King-friend Biochemical Pharmaceutical Co Ltd SHG:603707	$1.69 Billion
TBO Tek Ltd NSE:TBOTEK	$1.69 Billion
Shenzhen JingQuanHua Electronics Co Ltd SHE:002885	$1.69 Billion
German American Bancorp Inc NASDAQ:GABC	$1.69 Billion
Banpu Public Company Limited BK:BANPU	$1.69 Billion
Amara Raja Batteries Limited NSE:ARE&M	$1.69 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Hunan Nanling Industrial Explosive Materials Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 7,457,647,292 to 7,984,504,287, a change of 526,856,995 (7.1%).
Net income of 792,624,555 contributed positively to equity growth.
Dividend payments of 279,225,098 reduced retained earnings.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥792.62 Million	+9.93%
Dividends Paid	CN¥279.23 Million	-3.5%
Other Changes	CN¥13.46 Million	+0.17%
Total Change	CN¥-	7.06%

Book Value vs Market Value Analysis

This analysis compares Hunan Nanling Industrial Explosive Materials 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: 1.45x
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 25.99x to 1.45x 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¥0.36	CN¥9.31	x
2004-12-31	CN¥0.44	CN¥9.31	x
2005-12-31	CN¥0.54	CN¥9.31	x
2006-12-31	CN¥1.30	CN¥9.31	x
2007-12-31	CN¥1.06	CN¥9.31	x
2008-12-31	CN¥1.16	CN¥9.31	x
2009-12-31	CN¥1.51	CN¥9.31	x
2010-12-31	CN¥1.80	CN¥9.31	x
2011-12-31	CN¥4.21	CN¥9.31	x
2012-12-31	CN¥4.55	CN¥9.31	x
2013-12-31	CN¥5.00	CN¥9.31	x
2014-12-31	CN¥5.37	CN¥9.31	x
2015-12-31	CN¥6.07	CN¥9.31	x
2016-12-31	CN¥5.44	CN¥9.31	x
2017-12-31	CN¥5.20	CN¥9.31	x
2018-12-31	CN¥5.25	CN¥9.31	x
2019-12-31	CN¥5.08	CN¥9.31	x
2020-12-31	CN¥4.99	CN¥9.31	x
2021-12-31	CN¥4.90	CN¥9.31	x
2022-12-31	CN¥6.49	CN¥9.31	x
2023-12-31	CN¥6.16	CN¥9.31	x
2024-12-31	CN¥5.96	CN¥9.31	x
2025-12-31	CN¥6.44	CN¥9.31	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Hunan Nanling Industrial Explosive Materials 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): 9.93%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 8.06%
• Asset Turnover: 0.81x
• Equity Multiplier: 1.53x
Recent ROE (9.93%) is below the historical average (10.03%), 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	18.77%	11.84%	0.93x	1.71x	CN¥6.22 Million
2004	18.33%	10.38%	1.07x	1.66x	CN¥7.24 Million
2005	18.65%	10.39%	1.04x	1.73x	CN¥9.24 Million
2006	11.89%	13.14%	0.71x	1.27x	CN¥4.90 Million
2007	13.88%	12.81%	0.70x	1.55x	CN¥10.87 Million
2008	14.82%	13.04%	0.70x	1.63x	CN¥14.95 Million
2009	27.08%	19.41%	0.88x	1.59x	CN¥68.07 Million
2010	24.73%	18.82%	0.89x	1.48x	CN¥70.26 Million
2011	6.00%	5.87%	0.67x	1.53x	CN¥-62.97 Million
2012	10.50%	11.18%	0.62x	1.52x	CN¥8.49 Million
2013	9.99%	11.05%	0.59x	1.53x	CN¥-154.33K
2014	9.86%	11.01%	0.58x	1.55x	CN¥-2.76 Million
2015	4.78%	4.98%	0.59x	1.61x	CN¥-119.69 Million
2016	1.65%	1.27%	0.60x	2.18x	CN¥-170.91 Million
2017	1.35%	1.03%	0.67x	1.94x	CN¥-173.84 Million
2018	1.14%	1.05%	0.58x	1.87x	CN¥-176.19 Million
2019	1.18%	0.95%	0.68x	1.82x	CN¥-178.27 Million
2020	2.81%	2.53%	0.49x	2.24x	CN¥-129.78 Million
2021	2.65%	2.54%	0.50x	2.11x	CN¥-135.73 Million
2022	2.00%	2.07%	0.50x	1.95x	CN¥-190.46 Million
2023	9.08%	7.52%	0.80x	1.50x	CN¥-63.95 Million
2024	9.56%	8.34%	0.78x	1.48x	CN¥-32.73 Million
2025	9.93%	8.06%	0.81x	1.53x	CN¥-5.83 Million

Industry Comparison

This section compares Hunan Nanling Industrial Explosive Materials Co Ltd's net assets metrics with peer companies in the Specialty Chemicals industry.

Industry Context

Industry: Specialty Chemicals
Average net assets among peers: $6,166,812,577
Average return on equity (ROE) among peers: 6.34%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Hunan Nanling Industrial Explosive Materials Co Ltd (002096)	CN¥8.63 Billion	18.77%	0.45x	$1.69 Billion
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
Poly Union Chemical Holding Group Co Ltd (002037)	$2.36 Billion	2.62%	2.10x	$468.74 Million

About Hunan Nanling Industrial Explosive Materials Co Ltd

SHE:002096 China Specialty Chemicals

Market Cap

$1.69 Billion

CN¥11.55 Billion CNY

Market Cap Rank

#6901 Global

#1544 in China

Share Price

CN¥9.31

Change (1 day)

-3.02%

52-Week Range

CN¥8.96 - CN¥17.06

All Time High

CN¥26.46