Nanjing Hongbaoli Corp Ltd (002165) - Net Assets
Based on the latest financial reports, Nanjing Hongbaoli Corp Ltd (002165) has net assets worth CN¥2.05 Billion CNY (≈ $299.60 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¥5.40 Billion ≈ $790.57 Million USD) and total liabilities (CN¥3.36 Billion ≈ $490.96 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 strategic asset allocation of Nanjing Hongbaoli Corp Ltd to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.05 Billion |
| % of Total Assets | 37.9% |
| Annual Growth Rate | 17.28% |
| 5-Year Change | 21.86% |
| 10-Year Change | 86.03% |
| Growth Volatility | 40.61 |
Nanjing Hongbaoli Corp Ltd - Net Assets Trend (2004–2024)
This chart illustrates how Nanjing Hongbaoli Corp Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market value of Nanjing Hongbaoli Corp Ltd.
Annual Net Assets for Nanjing Hongbaoli Corp Ltd (2004–2024)
The table below shows the annual net assets of Nanjing Hongbaoli Corp Ltd from 2004 to 2024. Also explore net asset momentum of Nanjing Hongbaoli Corp Ltd to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.03 Billion ≈ $297.64 Million |
-0.64% |
| 2023-12-31 | CN¥2.05 Billion ≈ $299.54 Million |
+0.64% |
| 2022-12-31 | CN¥2.03 Billion ≈ $297.65 Million |
-4.82% |
| 2021-12-31 | CN¥2.14 Billion ≈ $312.72 Million |
+28.04% |
| 2020-12-31 | CN¥1.67 Billion ≈ $244.24 Million |
+6.04% |
| 2019-12-31 | CN¥1.57 Billion ≈ $230.32 Million |
+4.39% |
| 2018-12-31 | CN¥1.51 Billion ≈ $220.64 Million |
-5.14% |
| 2017-12-31 | CN¥1.59 Billion ≈ $232.59 Million |
+0.02% |
| 2016-12-31 | CN¥1.59 Billion ≈ $232.55 Million |
+45.35% |
| 2015-12-31 | CN¥1.09 Billion ≈ $159.99 Million |
+5.54% |
| 2014-12-31 | CN¥1.04 Billion ≈ $151.60 Million |
+4.24% |
| 2013-12-31 | CN¥993.85 Million ≈ $145.43 Million |
-0.42% |
| 2012-12-31 | CN¥998.01 Million ≈ $146.04 Million |
+8.10% |
| 2011-12-31 | CN¥923.23 Million ≈ $135.10 Million |
+50.69% |
| 2010-12-31 | CN¥612.68 Million ≈ $89.65 Million |
+14.56% |
| 2009-12-31 | CN¥534.82 Million ≈ $78.26 Million |
+15.40% |
| 2008-12-31 | CN¥463.43 Million ≈ $67.81 Million |
+11.76% |
| 2007-12-31 | CN¥414.68 Million ≈ $60.68 Million |
+176.42% |
| 2006-12-31 | CN¥150.02 Million ≈ $21.95 Million |
+71.56% |
| 2005-12-31 | CN¥87.44 Million ≈ $12.80 Million |
+4.26% |
| 2004-12-31 | CN¥83.87 Million ≈ $12.27 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Nanjing Hongbaoli Corp 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 2505.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥494.34 Million | 24.33% |
| Common Stock | CN¥735.27 Million | 36.19% |
| Other Comprehensive Income | CN¥145.01 Million | 7.14% |
| Other Components | CN¥657.06 Million | 32.34% |
| Total Equity | CN¥2.03 Billion | 100.00% |
Nanjing Hongbaoli Corp Ltd Competitors by Market Cap
The table below lists competitors of Nanjing Hongbaoli Corp Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DNA Link Inc
KQ:127120
|
$759.82 Million |
|
Shanghai Maling Aquarius Co Ltd
SHG:600073
|
$760.19 Million |
|
CTO Realty Growth Inc
NYSE:CTO
|
$760.21 Million |
|
Alpha and Omega Semiconductor Ltd
NASDAQ:AOSL
|
$760.21 Million |
|
Jaya Sukses Makmur Sentosa Tbk PT
JK:RISE
|
$759.34 Million |
|
Newgen Software Technologies Limited
NSE:NEWGEN
|
$759.17 Million |
|
Guangdong Super Telecom
SHG:603322
|
$759.13 Million |
|
Chong Hong Construction Co Ltd
TW:5534
|
$759.00 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nanjing Hongbaoli Corp Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,045,152,189 to 2,031,685,546, a change of -13,466,643 (-0.7%).
- Net income of 58,495,396 contributed positively to equity growth.
- Dividend payments of 161,367,252 reduced retained earnings.
- Other comprehensive income increased equity by 13,494,339.
- Other factors increased equity by 75,910,874.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥58.50 Million | +2.88% |
| Dividends Paid | CN¥161.37 Million | -7.94% |
| Other Comprehensive Income | CN¥13.49 Million | +0.66% |
| Other Changes | CN¥75.91 Million | +3.74% |
| Total Change | CN¥- | -0.66% |
Book Value vs Market Value Analysis
This analysis compares Nanjing Hongbaoli Corp 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: 2.55x
- 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 23.55x to 2.55x 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¥0.30 | CN¥7.06 | x |
| 2005-12-31 | CN¥0.31 | CN¥7.06 | x |
| 2006-12-31 | CN¥0.53 | CN¥7.06 | x |
| 2007-12-31 | CN¥1.08 | CN¥7.06 | x |
| 2008-12-31 | CN¥1.00 | CN¥7.06 | x |
| 2009-12-31 | CN¥1.12 | CN¥7.06 | x |
| 2010-12-31 | CN¥1.29 | CN¥7.06 | x |
| 2011-12-31 | CN¥1.76 | CN¥7.06 | x |
| 2012-12-31 | CN¥1.86 | CN¥7.06 | x |
| 2013-12-31 | CN¥1.71 | CN¥7.06 | x |
| 2014-12-31 | CN¥1.84 | CN¥7.06 | x |
| 2015-12-31 | CN¥1.98 | CN¥7.06 | x |
| 2016-12-31 | CN¥2.71 | CN¥7.06 | x |
| 2017-12-31 | CN¥2.66 | CN¥7.06 | x |
| 2018-12-31 | CN¥2.58 | CN¥7.06 | x |
| 2019-12-31 | CN¥2.60 | CN¥7.06 | x |
| 2020-12-31 | CN¥2.76 | CN¥7.06 | x |
| 2021-12-31 | CN¥3.23 | CN¥7.06 | x |
| 2022-12-31 | CN¥2.77 | CN¥7.06 | x |
| 2023-12-31 | CN¥2.78 | CN¥7.06 | x |
| 2024-12-31 | CN¥2.76 | CN¥7.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nanjing Hongbaoli Corp 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): 2.88%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.15%
- • Asset Turnover: 0.57x
- • Equity Multiplier: 2.36x
- Recent ROE (2.88%) is below the historical average (8.83%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 14.89% | 5.52% | 0.93x | 2.90x | CN¥3.84 Million |
| 2005 | 17.88% | 4.04% | 1.11x | 3.98x | CN¥6.49 Million |
| 2006 | 21.72% | 5.57% | 1.45x | 2.68x | CN¥16.71 Million |
| 2007 | 13.83% | 7.58% | 1.15x | 1.59x | CN¥15.46 Million |
| 2008 | 14.97% | 7.53% | 1.38x | 1.44x | CN¥22.25 Million |
| 2009 | 19.34% | 10.76% | 1.21x | 1.49x | CN¥47.98 Million |
| 2010 | 15.54% | 6.61% | 1.21x | 1.94x | CN¥32.67 Million |
| 2011 | 8.53% | 4.51% | 1.11x | 1.71x | CN¥-13.20 Million |
| 2012 | 8.05% | 4.74% | 0.94x | 1.81x | CN¥-19.00 Million |
| 2013 | 4.09% | 2.07% | 1.04x | 1.89x | CN¥-57.48 Million |
| 2014 | 9.25% | 4.39% | 1.19x | 1.77x | CN¥-7.54 Million |
| 2015 | 9.61% | 5.61% | 1.02x | 1.68x | CN¥-4.12 Million |
| 2016 | 8.12% | 6.91% | 0.73x | 1.60x | CN¥-29.37 Million |
| 2017 | 2.63% | 1.88% | 0.74x | 1.89x | CN¥-114.51 Million |
| 2018 | 1.94% | 1.18% | 0.68x | 2.42x | CN¥-120.95 Million |
| 2019 | 5.70% | 3.75% | 0.62x | 2.44x | CN¥-67.31 Million |
| 2020 | 7.23% | 4.60% | 0.60x | 2.61x | CN¥-46.07 Million |
| 2021 | 1.39% | 0.87% | 0.63x | 2.55x | CN¥-183.55 Million |
| 2022 | -4.08% | -3.30% | 0.45x | 2.75x | CN¥-286.57 Million |
| 2023 | 1.87% | 1.45% | 0.54x | 2.39x | CN¥-166.23 Million |
| 2024 | 2.88% | 2.15% | 0.57x | 2.36x | CN¥-144.67 Million |
Industry Comparison
This section compares Nanjing Hongbaoli Corp Ltd's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $818,406,996
- Average return on equity (ROE) among peers: -0.71%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nanjing Hongbaoli Corp Ltd (002165) | CN¥2.05 Billion | 14.89% | 1.64x | $759.61 Million |
| North Huajin Chemical Industries Co Ltd (000059) | $1.81 Billion | 5.56% | 1.48x | $1.26 Billion |
| Sichuan Chemical Co Ltd (000155) | $1.94 Billion | 4.27% | 0.66x | $3.19 Billion |
| Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) | $254.65 Million | 12.48% | 1.65x | $13.23 Billion |
| Zangge Holding Co Ltd (000408) | $353.51 Million | 9.73% | 1.04x | $16.58 Billion |
| Sichuan Jinlu Group Co Ltd (000510) | $34.68 Million | 0.00% | 2.05x | $1.77 Billion |
| Jilin Gpro Titanium Industry Co Ltd (000545) | $1.88 Billion | -7.74% | 0.64x | $317.69 Million |
| Aoyuan Beauty Valley Technology Co Ltd (000615) | $365.16 Million | 13.94% | 0.26x | $844.86 Million |
| Ningxia Younglight Chemicals Co Ltd (000635) | $302.31 Million | 10.40% | 0.37x | $420.44 Million |
| Maoming Petro-Chemical Shihua Co Ltd (000637) | $758.08 Million | -11.00% | 2.16x | $312.66 Million |
| Inner Mongolia Yuan Xing Energy Co Ltd (000683) | $491.34 Million | -44.74% | 3.10x | $3.10 Billion |
About Nanjing Hongbaoli Corp Ltd
Hongbaoli Group Corporation, Ltd. researches, develops, produces, and markets polyol and isopropanolamine series of products in China. It offers monomer polyether; formulated polyol for use in refrigerators, freezers, water heaters, containers, construction panels, and pipelines; and isopropanolamines for use in surfactant, pharmaceutical and pesticide intermediates, metal working fluids, gas tre… Read more