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¥3.53 Billion CNY (≈ $517.09 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥5.30 Billion ≈ $775.47 Million USD) and total liabilities (CN¥1.77 Billion ≈ $258.38 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 PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.53 Billion |
| % of Total Assets | 66.68% |
| Annual Growth Rate | 16.23% |
| 5-Year Change | 55.54% |
| 10-Year Change | 193.38% |
| Growth Volatility | 51.15 |
Xiangtan Electrochemical Scientific Co Ltd - Net Assets Trend (2003–2025)
This chart illustrates how Xiangtan Electrochemical Scientific Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see how much is Xiangtan Electrochemical Scientific Co L worth.
Annual Net Assets for Xiangtan Electrochemical Scientific Co Ltd (2003–2025)
The table below shows the annual net assets of Xiangtan Electrochemical Scientific Co Ltd from 2003 to 2025. Also explore 002125 year-over-year net asset growth to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥3.19 Billion ≈ $466.51 Million |
+4.90% |
| 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 |
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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 5757.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.27 Billion | 40.39% |
| Other Components | CN¥1.88 Billion | 59.61% |
| Total Equity | CN¥3.15 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 |
|---|---|
|
Lucky Harvest
SHE:002965
|
$1.10 Billion |
|
Heineken Bhd
KLSE:3255
|
$1.10 Billion |
|
Guomai Technologies Inc
SHE:002093
|
$1.10 Billion |
|
Zhejiang Sanwei Rubber Item Co
SHG:603033
|
$1.10 Billion |
|
Tianjin You Fa Steel Pipe Group Stock Co Ltd
SHG:601686
|
$1.10 Billion |
|
British American Tobacco PLC
LSE:BATS
|
$1.10 Billion |
|
Goldman Sachs BDC Inc
NYSE:GSBD
|
$1.10 Billion |
|
Ircon International Limited
NSE:IRCON
|
$1.10 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 2024 to 2025, total equity changed from 2,994,895,053 to 3,154,557,852, a change of 159,662,799 (5.3%).
- Net income of 225,447,797 contributed positively to equity growth.
- Dividend payments of 129,250,653 reduced retained earnings.
- Other comprehensive income decreased equity by 287,692,539.
- Other factors increased equity by 351,158,194.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥225.45 Million | +7.15% |
| Dividends Paid | CN¥129.25 Million | -4.1% |
| Other Comprehensive Income | CN¥-287.69 Million | -9.12% |
| Other Changes | CN¥351.16 Million | +11.13% |
| Total Change | CN¥- | 5.33% |
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: 2.38x
- 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 25.57x to 2.38x 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¥11.92 | x |
| 2004-12-31 | CN¥0.58 | CN¥11.92 | x |
| 2005-12-31 | CN¥0.60 | CN¥11.92 | x |
| 2006-12-31 | CN¥0.69 | CN¥11.92 | x |
| 2007-12-31 | CN¥1.00 | CN¥11.92 | x |
| 2008-12-31 | CN¥0.77 | CN¥11.92 | x |
| 2009-12-31 | CN¥0.78 | CN¥11.92 | x |
| 2010-12-31 | CN¥0.86 | CN¥11.92 | x |
| 2011-12-31 | CN¥1.09 | CN¥11.92 | x |
| 2012-12-31 | CN¥0.89 | CN¥11.92 | x |
| 2013-12-31 | CN¥0.89 | CN¥11.92 | x |
| 2014-12-31 | CN¥0.72 | CN¥11.92 | x |
| 2015-12-31 | CN¥3.95 | CN¥11.92 | x |
| 2016-12-31 | CN¥1.78 | CN¥11.92 | x |
| 2017-12-31 | CN¥2.04 | CN¥11.92 | x |
| 2018-12-31 | CN¥2.12 | CN¥11.92 | x |
| 2019-12-31 | CN¥2.17 | CN¥11.92 | x |
| 2020-12-31 | CN¥2.81 | CN¥11.92 | x |
| 2021-12-31 | CN¥3.17 | CN¥11.92 | x |
| 2022-12-31 | CN¥3.75 | CN¥11.92 | x |
| 2023-12-31 | CN¥4.42 | CN¥11.92 | x |
| 2024-12-31 | CN¥4.75 | CN¥11.92 | x |
| 2025-12-31 | CN¥5.01 | CN¥11.92 | 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): 7.15%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.73%
- • Asset Turnover: 0.38x
- • Equity Multiplier: 1.59x
- Recent ROE (7.15%) is above the historical average (5.60%), 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 |
| 2025 | 7.15% | 11.73% | 0.38x | 1.59x | CN¥-90.01 Million |
Industry Comparison
This section compares Xiangtan Electrochemical Scientific Co Ltd's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $1,285,472,820
- Average return on equity (ROE) among peers: 7.96%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Xiangtan Electrochemical Scientific Co Ltd (002125) | CN¥3.53 Billion | 23.95% | 0.50x | $1.10 Billion |
| Chongqing Sanxia Paints Co Ltd (000565) | $351.19 Million | 0.65% | 0.36x | $416.85 Million |
| Hengyi Petrochemical Co Ltd (000703) | $214.47 Million | 20.05% | 0.27x | $9.91 Billion |
| Guangdong Xinhui Meida Nylon Co Ltd (000782) | $1.30 Billion | 3.75% | 0.76x | $787.67 Million |
| Luxi Chemical Group Co Ltd (000830) | $599.53 Million | 12.23% | 0.85x | $3.23 Billion |
| China Minmetals Rare Earth Co Ltd (000831) | $1.07 Billion | 6.09% | 3.18x | $8.29 Billion |
| Anhui Guofeng Plastic Industry Co Ltd (000859) | $884.29 Million | 5.97% | 0.85x | $1.24 Billion |
| Cofco Biochemical Anhui Co Ltd (000930) | $3.10 Billion | 1.14% | 1.21x | $1.42 Billion |
| Shandong Link Science and Technology Co Ltd (001207) | $441.43 Million | 14.99% | 1.14x | $797.57 Million |
| Zhejiang Transfar Co Ltd (002010) | $740.36 Million | 11.17% | 0.60x | $1.83 Billion |
| Poly Union Chemical Holding Group Co Ltd (002037) | $4.15 Billion | 3.53% | 2.08x | $482.20 Million |
About Xiangtan Electrochemical Scientific Co Ltd
Xiangtan Electrochemical Scientific Co.,Ltd engages in the research and development, production, and sale of battery materials in China. 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, including lithium manganate, manganese tetroxide, and… Read more