Xiangtan Electrochemical Scientific Co Ltd

SHE:002125 China Chemicals
Market Cap
$1.27 Billion
CN¥9.31 Billion CNY
Market Cap Rank
#8569 Global
#1643 in China
Share Price
CN¥14.79
Change (1 day)
-2.25%
52-Week Range
CN¥9.19 - CN¥16.39
All Time High
CN¥23.77
Categories
Companies in China Chemicals
About

Xiangtan Electrochemical Scientific Co.,Ltd engages in the research and development, production, and sale of battery materials. The company offers C-Zn battery grade, mercury-free alkaline manganese, primary lithium manganese, material level for lithium manganese oxide, and high-performance batteries; and new energy battery materials, such as lithium manganate, manganese tetroxide, and manganese … Read more

Xiangtan Electrochemical Scientific Co Ltd (002125) - Net Assets

Latest net assets as of September 2025: CN¥3.12 Billion CNY

Based on the latest financial reports, Xiangtan Electrochemical Scientific Co Ltd (002125) has net assets worth CN¥3.12 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¥5.20 Billion) and total liabilities (CN¥2.08 Billion). 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¥3.12 Billion
% of Total Assets 60.06%
Annual Growth Rate 16.79%
5-Year Change 70.03%
10-Year Change 186.51%
Growth Volatility 52.2

Xiangtan Electrochemical Scientific Co Ltd - Net Assets Trend (2003–2024)

This chart illustrates how Xiangtan Electrochemical Scientific Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Xiangtan Electrochemical Scientific Co Ltd (2003–2024)

The table below shows the annual net assets of Xiangtan Electrochemical Scientific Co Ltd from 2003 to 2024.

Year Net Assets Change
2024-12-31 CN¥3.04 Billion +7.09%
2023-12-31 CN¥2.84 Billion +16.92%
2022-12-31 CN¥2.43 Billion +18.41%
2021-12-31 CN¥2.05 Billion +14.68%
2020-12-31 CN¥1.79 Billion +46.85%
2019-12-31 CN¥1.22 Billion +4.24%
2018-12-31 CN¥1.17 Billion +2.53%
2017-12-31 CN¥1.14 Billion +4.80%
2016-12-31 CN¥1.09 Billion +2.45%
2015-12-31 CN¥1.06 Billion +237.95%
2014-12-31 CN¥313.86 Million -17.65%
2013-12-31 CN¥381.13 Million +2.29%
2012-12-31 CN¥372.62 Million -12.45%
2011-12-31 CN¥425.62 Million +32.26%
2010-12-31 CN¥321.82 Million +10.20%
2009-12-31 CN¥292.03 Million +3.24%
2008-12-31 CN¥282.86 Million -13.91%
2007-12-31 CN¥328.55 Million +75.01%
2006-12-31 CN¥187.74 Million +30.43%
2005-12-31 CN¥143.94 Million +1.83%
2004-12-31 CN¥141.35 Million +21.23%
2003-12-31 CN¥116.60 Million --

Equity Component Analysis

This analysis shows how different components contribute to Xiangtan Electrochemical Scientific 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 5300.9% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥1.17 Billion 39.23%
Common Stock CN¥629.48 Million 21.02%
Other Comprehensive Income CN¥287.69 Million 9.61%
Other Components CN¥902.83 Million 30.15%
Total Equity CN¥2.99 Billion 100.00%

Xiangtan Electrochemical Scientific Co Ltd Competitors by Market Cap

The table below lists competitors of Xiangtan Electrochemical Scientific Co Ltd ranked by their market capitalization.

Company Market Cap
Global Infotech Co Ltd
SHE:300465
 		$733.12 Million
TrustCo Bank Corp NY
NASDAQ:TRST
 		$733.46 Million
USINAS SID.MIN.GER. PFD A
F:U1S1
 		$733.61 Million
Viaplay Group AB Series A
ST:VPLAY-A
 		$733.62 Million
Volaris
NYSE:VLRS
 		$733.06 Million
GQG Partners Inc
AU:GQG
 		$732.62 Million
SOUTHSIDE BANCSHS DL125
F:SU7
 		$732.41 Million
SUPERLOOP LTD
F:9SL
 		$732.38 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Xiangtan Electrochemical Scientific Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 2,783,741,545 to 2,994,895,053, a change of 211,153,508 (7.6%).
  • Net income of 315,007,562 contributed positively to equity growth.
  • Dividend payments of 140,874,046 reduced retained earnings.
  • Other comprehensive income increased equity by 18,990,549.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥315.01 Million +10.52%
Dividends Paid CN¥140.87 Million -4.7%
Other Comprehensive Income CN¥18.99 Million +0.63%
Other Changes CN¥18.03 Million +0.6%
Total Change CN¥- 7.59%

Book Value vs Market Value Analysis

This analysis compares Xiangtan Electrochemical Scientific 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: 3.11x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 31.72x to 3.11x 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¥0.47 CN¥14.79 x
2004-12-31 CN¥0.58 CN¥14.79 x
2005-12-31 CN¥0.60 CN¥14.79 x
2006-12-31 CN¥0.69 CN¥14.79 x
2007-12-31 CN¥1.00 CN¥14.79 x
2008-12-31 CN¥0.77 CN¥14.79 x
2009-12-31 CN¥0.78 CN¥14.79 x
2010-12-31 CN¥0.86 CN¥14.79 x
2011-12-31 CN¥1.09 CN¥14.79 x
2012-12-31 CN¥0.89 CN¥14.79 x
2013-12-31 CN¥0.89 CN¥14.79 x
2014-12-31 CN¥0.72 CN¥14.79 x
2015-12-31 CN¥3.95 CN¥14.79 x
2016-12-31 CN¥1.78 CN¥14.79 x
2017-12-31 CN¥2.04 CN¥14.79 x
2018-12-31 CN¥2.12 CN¥14.79 x
2019-12-31 CN¥2.17 CN¥14.79 x
2020-12-31 CN¥2.81 CN¥14.79 x
2021-12-31 CN¥3.17 CN¥14.79 x
2022-12-31 CN¥3.75 CN¥14.79 x
2023-12-31 CN¥4.42 CN¥14.79 x
2024-12-31 CN¥4.75 CN¥14.79 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Xiangtan Electrochemical Scientific 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): 10.52%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 16.47%
  • • Asset Turnover: 0.39x
  • • Equity Multiplier: 1.64x
  • Recent ROE (10.52%) is above the historical average (5.53%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2003 23.95% 8.52% 0.78x 3.62x CN¥13.50 Million
2004 19.46% 6.95% 0.98x 2.86x CN¥11.36 Million
2005 12.15% 4.89% 0.80x 3.11x CN¥2.67 Million
2006 11.64% 4.72% 0.70x 3.52x CN¥2.34 Million
2007 0.62% 0.56% 0.46x 2.41x CN¥-26.45 Million
2008 -18.53% -11.84% 0.53x 2.97x CN¥-67.86 Million
2009 1.34% 0.64% 0.73x 2.83x CN¥-20.89 Million
2010 9.65% 4.14% 0.81x 2.87x CN¥-921.88K
2011 8.08% 3.93% 0.72x 2.85x CN¥-7.04 Million
2012 -15.60% -7.80% 0.50x 3.96x CN¥-80.80 Million
2013 1.75% 0.80% 0.57x 3.78x CN¥-26.94 Million
2014 -5.43% -1.95% 0.47x 5.87x CN¥-40.57 Million
2015 1.11% 1.83% 0.24x 2.55x CN¥-91.70 Million
2016 2.11% 3.38% 0.30x 2.07x CN¥-83.14 Million
2017 4.28% 6.37% 0.29x 2.32x CN¥-62.99 Million
2018 6.14% 6.56% 0.34x 2.76x CN¥-44.42 Million
2019 5.67% 5.62% 0.34x 2.98x CN¥-51.88 Million
2020 1.43% 2.05% 0.34x 2.07x CN¥-151.67 Million
2021 11.92% 12.70% 0.42x 2.25x CN¥38.30 Million
2022 16.69% 18.77% 0.41x 2.17x CN¥158.03 Million
2023 12.66% 16.29% 0.43x 1.80x CN¥73.96 Million
2024 10.52% 16.47% 0.39x 1.64x CN¥15.52 Million

Industry Comparison

This section compares Xiangtan Electrochemical Scientific Co Ltd'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
Xiangtan Electrochemical Scientific Co Ltd (002125) CN¥3.12 Billion 23.95% 0.66x $733.07 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