Xiangtan Electrochemical Scientific Co Ltd (002125) - Net Assets
Based on the latest financial reports, Xiangtan Electrochemical Scientific Co Ltd (002125) has net assets worth CN¥3.12 Billion CNY (≈ $457.13 Million 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¥5.20 Billion ≈ $761.06 Million USD) and total liabilities (CN¥2.08 Billion ≈ $303.93 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 Xiangtan Electrochemical Scientific Co L liquid asset ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore how large is Xiangtan Electrochemical Scientific Co L's balance sheet for the complete picture of this company's asset base.
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. For live valuation and market cap data, see Xiangtan Electrochemical Scientific Co L market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.04 Billion ≈ $444.70 Million |
+7.09% |
| 2023-12-31 | CN¥2.84 Billion ≈ $415.26 Million |
+16.92% |
| 2022-12-31 | CN¥2.43 Billion ≈ $355.16 Million |
+18.41% |
| 2021-12-31 | CN¥2.05 Billion ≈ $299.94 Million |
+14.68% |
| 2020-12-31 | CN¥1.79 Billion ≈ $261.54 Million |
+46.85% |
| 2019-12-31 | CN¥1.22 Billion ≈ $178.10 Million |
+4.24% |
| 2018-12-31 | CN¥1.17 Billion ≈ $170.86 Million |
+2.53% |
| 2017-12-31 | CN¥1.14 Billion ≈ $166.65 Million |
+4.80% |
| 2016-12-31 | CN¥1.09 Billion ≈ $159.01 Million |
+2.45% |
| 2015-12-31 | CN¥1.06 Billion ≈ $155.21 Million |
+237.95% |
| 2014-12-31 | CN¥313.86 Million ≈ $45.93 Million |
-17.65% |
| 2013-12-31 | CN¥381.13 Million ≈ $55.77 Million |
+2.29% |
| 2012-12-31 | CN¥372.62 Million ≈ $54.53 Million |
-12.45% |
| 2011-12-31 | CN¥425.62 Million ≈ $62.28 Million |
+32.26% |
| 2010-12-31 | CN¥321.82 Million ≈ $47.09 Million |
+10.20% |
| 2009-12-31 | CN¥292.03 Million ≈ $42.73 Million |
+3.24% |
| 2008-12-31 | CN¥282.86 Million ≈ $41.39 Million |
-13.91% |
| 2007-12-31 | CN¥328.55 Million ≈ $48.08 Million |
+75.01% |
| 2006-12-31 | CN¥187.74 Million ≈ $27.47 Million |
+30.43% |
| 2005-12-31 | CN¥143.94 Million ≈ $21.06 Million |
+1.83% |
| 2004-12-31 | CN¥141.35 Million ≈ $20.68 Million |
+21.23% |
| 2003-12-31 | CN¥116.60 Million ≈ $17.06 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 |
|---|---|
|
IRB Infrastructure Developers Limited
NSE:IRB
|
$1.41 Billion |
|
Hotel101 Global Holdings Corp. Class A Ordinary Shares
NASDAQ:HBNB
|
$1.41 Billion |
|
ZWSOFT Guangzhou Co Ltd
SHG:688083
|
$1.41 Billion |
|
Great Wall Enterprise Co Ltd
TW:1210
|
$1.41 Billion |
|
Genertec Universal Medical Group Company Limited
F:5UM
|
$1.41 Billion |
|
Iluka Resources Limited
F:ILZ
|
$1.41 Billion |
|
Sitio Royalties Corp.
NYSE:STR
|
$1.41 Billion |
|
Shanghai GenTech Co Ltd
SHG:688596
|
$1.41 Billion |
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: 3.21x
- 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 32.75x to 3.21x 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¥15.27 | x |
| 2004-12-31 | CN¥0.58 | CN¥15.27 | x |
| 2005-12-31 | CN¥0.60 | CN¥15.27 | x |
| 2006-12-31 | CN¥0.69 | CN¥15.27 | x |
| 2007-12-31 | CN¥1.00 | CN¥15.27 | x |
| 2008-12-31 | CN¥0.77 | CN¥15.27 | x |
| 2009-12-31 | CN¥0.78 | CN¥15.27 | x |
| 2010-12-31 | CN¥0.86 | CN¥15.27 | x |
| 2011-12-31 | CN¥1.09 | CN¥15.27 | x |
| 2012-12-31 | CN¥0.89 | CN¥15.27 | x |
| 2013-12-31 | CN¥0.89 | CN¥15.27 | x |
| 2014-12-31 | CN¥0.72 | CN¥15.27 | x |
| 2015-12-31 | CN¥3.95 | CN¥15.27 | x |
| 2016-12-31 | CN¥1.78 | CN¥15.27 | x |
| 2017-12-31 | CN¥2.04 | CN¥15.27 | x |
| 2018-12-31 | CN¥2.12 | CN¥15.27 | x |
| 2019-12-31 | CN¥2.17 | CN¥15.27 | x |
| 2020-12-31 | CN¥2.81 | CN¥15.27 | x |
| 2021-12-31 | CN¥3.17 | CN¥15.27 | x |
| 2022-12-31 | CN¥3.75 | CN¥15.27 | x |
| 2023-12-31 | CN¥4.42 | CN¥15.27 | x |
| 2024-12-31 | CN¥4.75 | CN¥15.27 | 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: $2,526,275,526
- Average return on equity (ROE) among peers: 14.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Xiangtan Electrochemical Scientific Co Ltd (002125) | CN¥3.12 Billion | 23.95% | 0.66x | $1.41 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 Xiangtan Electrochemical Scientific Co Ltd
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