CNNC Hua Yuan Titanium Dioxide Co Ltd
Tinergy Chemical Co., Ltd., together with its subsidiaries, engages in the research, development, production, and sale of titanium dioxide and other products in China and internationally. The company also offers inorganic chemical products; ferrous sulfate, phosphate rock, yellow phosphorus, ferrous phosphate, and other chemical products; modified polyacrylamide and sulfuric acid slag; chemical e… Read more
CNNC Hua Yuan Titanium Dioxide Co Ltd (002145) - Net Assets
Latest net assets as of September 2025: CN¥12.21 Billion CNY
Based on the latest financial reports, CNNC Hua Yuan Titanium Dioxide Co Ltd (002145) has net assets worth CN¥12.21 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¥19.62 Billion) and total liabilities (CN¥7.41 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¥12.21 Billion |
| % of Total Assets | 62.23% |
| Annual Growth Rate | 20.35% |
| 5-Year Change | 107.82% |
| 10-Year Change | 413.64% |
| Growth Volatility | 128.36 |
CNNC Hua Yuan Titanium Dioxide Co Ltd - Net Assets Trend (2004–2024)
This chart illustrates how CNNC Hua Yuan Titanium Dioxide 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 CNNC Hua Yuan Titanium Dioxide Co Ltd (2004–2024)
The table below shows the annual net assets of CNNC Hua Yuan Titanium Dioxide Co Ltd from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥12.11 Billion | +0.71% |
| 2023-12-31 | CN¥12.02 Billion | +71.99% |
| 2022-12-31 | CN¥6.99 Billion | +0.45% |
| 2021-12-31 | CN¥6.96 Billion | +19.44% |
| 2020-12-31 | CN¥5.83 Billion | +77.68% |
| 2019-12-31 | CN¥3.28 Billion | +2.10% |
| 2018-12-31 | CN¥3.21 Billion | +7.18% |
| 2017-12-31 | CN¥3.00 Billion | +16.89% |
| 2016-12-31 | CN¥2.56 Billion | +8.75% |
| 2015-12-31 | CN¥2.36 Billion | +48.86% |
| 2014-12-31 | CN¥1.58 Billion | +33.13% |
| 2013-12-31 | CN¥1.19 Billion | +577.35% |
| 2012-12-31 | CN¥175.62 Million | +90.36% |
| 2011-12-31 | CN¥92.25 Million | -68.19% |
| 2010-12-31 | CN¥289.97 Million | +3.93% |
| 2009-12-31 | CN¥279.01 Million | -34.81% |
| 2008-12-31 | CN¥427.98 Million | -38.46% |
| 2007-12-31 | CN¥695.41 Million | +89.96% |
| 2006-12-31 | CN¥366.09 Million | +11.75% |
| 2005-12-31 | CN¥327.60 Million | +9.95% |
| 2004-12-31 | CN¥297.96 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to CNNC Hua Yuan Titanium Dioxide 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 6261.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥3.74 Billion | 31.03% |
| Common Stock | CN¥3.87 Billion | 32.11% |
| Other Components | CN¥4.44 Billion | 36.86% |
| Total Equity | CN¥12.06 Billion | 100.00% |
CNNC Hua Yuan Titanium Dioxide Co Ltd Competitors by Market Cap
The table below lists competitors of CNNC Hua Yuan Titanium Dioxide Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
China Great Wall Securities Co Ltd Class A
SHE:002939
|
$1.52 Billion |
|
Harbour Energy plc
PINK:PMOIF
|
$1.52 Billion |
|
Red Avenue New Materials Group Co Ltd
SHG:603650
|
$1.52 Billion |
|
ZYMEWORKS DL-00001
F:ZA8
|
$1.52 Billion |
|
Innergex Renewable Energy Inc.
PINK:INGXF
|
$1.52 Billion |
|
Hunan TV & Broadcast Intermediary Co Ltd
SHE:000917
|
$1.52 Billion |
|
Hangjin Technology Co Ltd
SHE:000818
|
$1.52 Billion |
|
Jeudan
CO:JDAN
|
$1.52 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CNNC Hua Yuan Titanium Dioxide Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 11,886,117,790 to 12,055,373,224, a change of 169,255,434 (1.4%).
- Net income of 565,074,911 contributed positively to equity growth.
- Dividend payments of 306,831,910 reduced retained earnings.
- Share repurchases of 210,006,974 reduced equity.
- Other factors increased equity by 121,019,407.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥565.07 Million | +4.69% |
| Dividends Paid | CN¥306.83 Million | -2.55% |
| Share Repurchases | CN¥210.01 Million | -1.74% |
| Other Changes | CN¥121.02 Million | +1.0% |
| Total Change | CN¥- | 1.42% |
Book Value vs Market Value Analysis
This analysis compares CNNC Hua Yuan Titanium Dioxide 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: 1.60x
- 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 10.36x to 1.60x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | CN¥0.51 | CN¥5.26 | x |
| 2005-12-31 | CN¥0.52 | CN¥5.26 | x |
| 2006-12-31 | CN¥0.64 | CN¥5.26 | x |
| 2007-12-31 | CN¥1.00 | CN¥5.26 | x |
| 2008-12-31 | CN¥0.51 | CN¥5.26 | x |
| 2009-12-31 | CN¥0.33 | CN¥5.26 | x |
| 2010-12-31 | CN¥0.36 | CN¥5.26 | x |
| 2011-12-31 | CN¥0.10 | CN¥5.26 | x |
| 2012-12-31 | CN¥0.21 | CN¥5.26 | x |
| 2013-12-31 | CN¥0.65 | CN¥5.26 | x |
| 2014-12-31 | CN¥0.83 | CN¥5.26 | x |
| 2015-12-31 | CN¥1.16 | CN¥5.26 | x |
| 2016-12-31 | CN¥1.05 | CN¥5.26 | x |
| 2017-12-31 | CN¥1.30 | CN¥5.26 | x |
| 2018-12-31 | CN¥1.40 | CN¥5.26 | x |
| 2019-12-31 | CN¥1.54 | CN¥5.26 | x |
| 2020-12-31 | CN¥2.31 | CN¥5.26 | x |
| 2021-12-31 | CN¥2.34 | CN¥5.26 | x |
| 2022-12-31 | CN¥2.40 | CN¥5.26 | x |
| 2023-12-31 | CN¥3.26 | CN¥5.26 | x |
| 2024-12-31 | CN¥3.29 | CN¥5.26 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CNNC Hua Yuan Titanium Dioxide 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): 4.69%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.22%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 1.62x
- Recent ROE (4.69%) is above the historical average (-10.29%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 10.87% | 11.46% | 0.29x | 3.31x | CN¥2.46 Million |
| 2005 | 11.53% | 7.91% | 0.48x | 3.01x | CN¥4.86 Million |
| 2006 | 11.88% | 7.87% | 0.53x | 2.86x | CN¥6.72 Million |
| 2007 | 2.54% | 3.71% | 0.42x | 1.63x | CN¥-51.27 Million |
| 2008 | -63.91% | -92.45% | 0.32x | 2.19x | CN¥-309.86 Million |
| 2009 | -55.28% | -107.16% | 0.20x | 2.60x | CN¥-176.24 Million |
| 2010 | 3.86% | 3.10% | 0.57x | 2.19x | CN¥-17.23 Million |
| 2011 | -237.72% | -47.18% | 0.72x | 6.95x | CN¥-205.98 Million |
| 2012 | 17.20% | 2.62% | 2.21x | 2.97x | CN¥12.65 Million |
| 2013 | 1.41% | 1.03% | 0.53x | 2.59x | CN¥-99.65 Million |
| 2014 | 1.93% | 1.76% | 0.45x | 2.45x | CN¥-127.78 Million |
| 2015 | -5.36% | -7.76% | 0.34x | 2.03x | CN¥-362.11 Million |
| 2016 | 3.28% | 4.11% | 0.39x | 2.04x | CN¥-172.29 Million |
| 2017 | 12.97% | 11.93% | 0.57x | 1.90x | CN¥88.87 Million |
| 2018 | 12.55% | 13.05% | 0.56x | 1.70x | CN¥81.84 Million |
| 2019 | 13.14% | 12.76% | 0.59x | 1.75x | CN¥103.00 Million |
| 2020 | 8.16% | 12.79% | 0.45x | 1.40x | CN¥-107.48 Million |
| 2021 | 17.48% | 22.64% | 0.48x | 1.61x | CN¥520.72 Million |
| 2022 | 9.27% | 11.73% | 0.47x | 1.68x | CN¥-50.36 Million |
| 2023 | 3.53% | 8.47% | 0.27x | 1.56x | CN¥-769.53 Million |
| 2024 | 4.69% | 8.22% | 0.35x | 1.62x | CN¥-640.46 Million |
Industry Comparison
This section compares CNNC Hua Yuan Titanium Dioxide 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 |
|---|---|---|---|---|
| CNNC Hua Yuan Titanium Dioxide Co Ltd (002145) | CN¥12.21 Billion | 10.87% | 0.61x | $1.52 Billion |
| 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 |