Shanghai Hongda New Material Co Ltd (002211) - Net Assets

Latest as of March 2026: CN¥48.27 Million CNY ≈ $7.06 Million USD

Based on the latest financial reports, Shanghai Hongda New Material Co Ltd (002211) has net assets worth CN¥48.27 Million CNY (≈ $7.06 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥436.36 Million ≈ $63.85 Million USD) and total liabilities (CN¥388.09 Million ≈ $56.79 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 002211 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥48.27 Million
% of Total Assets	11.06%
Annual Growth Rate	-4.19%
5-Year Change	-12.58%
10-Year Change	-94.23%
Growth Volatility	58.95

Shanghai Hongda New Material Co Ltd - Net Assets Trend (2004–2025)

This chart illustrates how Shanghai Hongda New Material Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Shanghai Hongda New Material Co Ltd for the complete picture of this company's asset base.

Annual Net Assets for Shanghai Hongda New Material Co Ltd (2004–2025)

The table below shows the annual net assets of Shanghai Hongda New Material Co Ltd from 2004 to 2025. For live valuation and market cap data, see market value of Shanghai Hongda New Material Co Ltd.

Year	Net Assets	Change
2025-12-31	CN¥46.36 Million ≈ $6.78 Million	+91.38%
2024-12-31	CN¥24.22 Million ≈ $3.54 Million	-61.71%
2023-12-31	CN¥63.26 Million ≈ $9.26 Million	-31.70%
2022-12-31	CN¥92.63 Million ≈ $13.55 Million	+74.68%
2021-12-31	CN¥53.03 Million ≈ $7.76 Million	-93.11%
2020-12-31	CN¥769.60 Million ≈ $112.62 Million	+7.00%
2019-12-31	CN¥719.24 Million ≈ $105.25 Million	-9.46%
2018-12-31	CN¥794.42 Million ≈ $116.25 Million	-3.86%
2017-12-31	CN¥826.34 Million ≈ $120.92 Million	+2.79%
2016-12-31	CN¥803.91 Million ≈ $117.64 Million	+1.45%
2015-12-31	CN¥792.44 Million ≈ $115.96 Million	-7.07%
2014-12-31	CN¥852.76 Million ≈ $124.79 Million	+1.59%
2013-12-31	CN¥839.43 Million ≈ $122.84 Million	-51.23%
2012-12-31	CN¥1.72 Billion ≈ $251.88 Million	+0.60%
2011-12-31	CN¥1.71 Billion ≈ $250.38 Million	-1.11%
2010-12-31	CN¥1.73 Billion ≈ $253.19 Million	+77.45%
2009-12-31	CN¥975.07 Million ≈ $142.68 Million	+2.80%
2008-12-31	CN¥948.52 Million ≈ $138.80 Million	+189.29%
2007-12-31	CN¥327.88 Million ≈ $47.98 Million	+55.62%
2006-12-31	CN¥210.69 Million ≈ $30.83 Million	+35.71%
2005-12-31	CN¥155.25 Million ≈ $22.72 Million	+36.24%
2004-12-31	CN¥113.95 Million ≈ $16.67 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Shanghai Hongda New Material 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 decreased by 8068.9% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Other Components	CN¥1.53 Billion	3291.14%
Total Equity	CN¥46.36 Million	100.00%

Shanghai Hongda New Material Co Ltd Competitors by Market Cap

The table below lists competitors of Shanghai Hongda New Material Co Ltd ranked by their market capitalization.

Company	Market Cap
EPACK Durable Limited NSE:EPACK	$242.48 Million
Qinhuangdao Port Co Ltd F:QHD	$242.55 Million
Roda Vivatex Tbk JK:RDTX	$242.56 Million
ASIX Electronics TWO:3169	$242.56 Million
SIMILARWEB LTD IS-01 F:63X	$242.30 Million
Thu Dau Mot Water JSC VN:TDM	$242.29 Million
Cogelec SA PA:ALLEC	$242.29 Million
Roman DBDR Acquisition Corp. II Ordinary shares NASDAQ:DRDB	$242.19 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Shanghai Hongda New Material Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 24,221,676 to 46,355,834, a change of 22,134,158 (91.4%).
Net loss of 14,779,321 reduced equity.
Other comprehensive income decreased equity by 35,028,319.
Other factors increased equity by 71,941,798.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥-14.78 Million	-31.88%
Other Comprehensive Income	CN¥-35.03 Million	-75.56%
Other Changes	CN¥71.94 Million	+155.19%
Total Change	CN¥-	91.38%

Book Value vs Market Value Analysis

This analysis compares Shanghai Hongda New Material 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: 35.73x
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 increased from 4.59x to 35.73x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2004-12-31	CN¥0.84	CN¥3.83	x
2005-12-31	CN¥1.14	CN¥3.83	x
2006-12-31	CN¥0.79	CN¥3.83	x
2007-12-31	CN¥1.15	CN¥3.83	x
2008-12-31	CN¥2.56	CN¥3.83	x
2009-12-31	CN¥2.59	CN¥3.83	x
2010-12-31	CN¥4.59	CN¥3.83	x
2011-12-31	CN¥3.49	CN¥3.83	x
2012-12-31	CN¥3.91	CN¥3.83	x
2013-12-31	CN¥1.88	CN¥3.83	x
2014-12-31	CN¥1.99	CN¥3.83	x
2015-12-31	CN¥1.76	CN¥3.83	x
2016-12-31	CN¥2.11	CN¥3.83	x
2017-12-31	CN¥1.94	CN¥3.83	x
2018-12-31	CN¥2.14	CN¥3.83	x
2019-12-31	CN¥1.66	CN¥3.83	x
2020-12-31	CN¥1.83	CN¥3.83	x
2021-12-31	CN¥0.12	CN¥3.83	x
2022-12-31	CN¥0.21	CN¥3.83	x
2023-12-31	CN¥0.15	CN¥3.83	x
2024-12-31	CN¥0.06	CN¥3.83	x
2025-12-31	CN¥0.11	CN¥3.83	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shanghai Hongda New Material 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): -31.88%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -3.13%
• Asset Turnover: 1.16x
• Equity Multiplier: 8.77x
Recent ROE (-31.88%) is above the historical average (-38.19%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2004	14.37%	5.19%	1.25x	2.21x	CN¥4.62 Million
2005	27.37%	9.02%	1.34x	2.27x	CN¥24.95 Million
2006	25.38%	9.34%	0.97x	2.81x	CN¥29.26 Million
2007	28.45%	13.68%	0.73x	2.84x	CN¥55.35 Million
2008	4.69%	6.77%	0.50x	1.40x	CN¥-49.31 Million
2009	3.86%	5.88%	0.42x	1.57x	CN¥-58.43 Million
2010	5.01%	8.98%	0.39x	1.45x	CN¥-84.76 Million
2011	-1.15%	-2.04%	0.38x	1.47x	CN¥-187.30 Million
2012	0.22%	0.44%	0.31x	1.58x	CN¥-165.30 Million
2013	-107.72%	-109.13%	0.46x	2.14x	CN¥-957.66 Million
2014	1.51%	1.61%	0.61x	1.53x	CN¥-70.08 Million
2015	-7.94%	-9.04%	0.65x	1.35x	CN¥-137.08 Million
2016	1.42%	1.62%	0.64x	1.38x	CN¥-66.46 Million
2017	2.57%	2.16%	0.79x	1.50x	CN¥-58.96 Million
2018	1.40%	1.03%	0.91x	1.49x	CN¥-68.31 Million
2019	-12.23%	-7.97%	1.01x	1.52x	CN¥-159.92 Million
2020	6.54%	5.47%	0.80x	1.49x	CN¥-26.60 Million
2021	-637.22%	-61.02%	1.07x	9.76x	CN¥-343.20 Million
2022	42.75%	10.86%	1.06x	3.73x	CN¥30.34 Million
2023	-46.41%	-12.50%	0.76x	4.89x	CN¥-35.69 Million
2024	-161.19%	-11.23%	0.79x	18.10x	CN¥-41.46 Million
2025	-31.88%	-3.13%	1.16x	8.77x	CN¥-19.41 Million

Industry Comparison

This section compares Shanghai Hongda New Material Co Ltd's net assets metrics with peer companies in the Chemicals industry.

Industry Context

Industry: Chemicals
Average net assets among peers: $4,698,007,071
Average return on equity (ROE) among peers: 1.33%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Shanghai Hongda New Material Co Ltd (002211)	CN¥48.27 Million	14.37%	8.04x	$242.38 Million
North Huajin Chemical Industries Co Ltd (000059)	$14.88 Billion	6.33%	1.16x	$1.10 Billion
Sichuan Chemical Co Ltd (000155)	$13.13 Billion	3.83%	1.12x	$3.86 Billion
Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301)	$3.47 Billion	4.25%	0.43x	$11.99 Billion
Zangge Holding Co Ltd (000408)	$288.25 Million	8.75%	1.44x	$18.60 Billion
Sichuan Jinlu Group Co Ltd (000510)	$1.12 Billion	-10.36%	1.10x	$1.42 Billion
Jilin Gpro Titanium Industry Co Ltd (000545)	$1.77 Billion	7.43%	0.43x	$387.00 Million
Aoyuan Beauty Valley Technology Co Ltd (000615)	$579.06 Million	-28.45%	0.81x	$931.18 Million
Ningxia Younglight Chemicals Co Ltd (000635)	$2.74 Billion	2.81%	0.29x	$433.71 Million
Maoming Petro-Chemical Shihua Co Ltd (000637)	$457.82 Million	16.24%	0.21x	$346.90 Million
Inner Mongolia Yuan Xing Energy Co Ltd (000683)	$8.55 Billion	2.43%	1.28x	$4.08 Billion

About Shanghai Hongda New Material Co Ltd

SHE:002211 China Chemicals

Market Cap

$242.38 Million

CN¥1.66 Billion CNY

Market Cap Rank

#15907 Global

#4632 in China

Share Price

CN¥3.83

Change (1 day)

+1.86%

52-Week Range

CN¥2.81 - CN¥4.03

All Time High

CN¥18.90