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

Latest as of September 2025: CN¥13.57 Million CNY ≈ $1.99 Million USD

Based on the latest financial reports, Shanghai Hongda New Material Co Ltd (002211) has net assets worth CN¥13.57 Million CNY (≈ $1.99 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¥379.77 Million ≈ $55.57 Million USD) and total liabilities (CN¥366.20 Million ≈ $53.59 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¥13.57 Million
% of Total Assets 3.57%
Annual Growth Rate -7.45%
5-Year Change -96.85%
10-Year Change -96.94%
Growth Volatility 57.82

Shanghai Hongda New Material Co Ltd - Net Assets Trend (2004–2024)

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 (2004–2024)

The table below shows the annual net assets of Shanghai Hongda New Material Co Ltd from 2004 to 2024. For live valuation and market cap data, see market value of Shanghai Hongda New Material Co Ltd.

Year Net Assets Change
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
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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 7989.3% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥432.48 Million 1785.49%
Other Comprehensive Income CN¥35.03 Million 144.62%
Other Components CN¥1.02 Billion 4216.13%
Total Equity CN¥24.22 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
Rackspace Technology Inc
NASDAQ:RXT
$239.95 Million
Hexagon Composites ASA
OL:HEX
$239.96 Million
Export Inv
TA:EXPO
$240.00 Million
Lavipharm S.A
AT:LAVI
$240.04 Million
Victoria Care Indonesia Tbk Pt
JK:VICI
$239.77 Million
Praemium Ltd
AU:PPS
$239.72 Million
Highview Merger Corp. Class A Ordinary Share
NASDAQ:HVMC
$239.68 Million
HUYA Inc
NYSE:HUYA
$239.50 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 2023 to 2024, total equity changed from 63,264,252 to 24,221,676, a change of -39,042,576 (-61.7%).
  • Net loss of 39,042,574 reduced equity.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-39.04 Million -161.19%
Other Changes CN¥-2.00 -0.0%
Total Change CN¥- -61.71%

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: 67.88x
  • 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 4.54x to 67.88x 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¥3.79 x
2005-12-31 CN¥1.14 CN¥3.79 x
2006-12-31 CN¥0.79 CN¥3.79 x
2007-12-31 CN¥1.15 CN¥3.79 x
2008-12-31 CN¥2.56 CN¥3.79 x
2009-12-31 CN¥2.59 CN¥3.79 x
2010-12-31 CN¥4.59 CN¥3.79 x
2011-12-31 CN¥3.49 CN¥3.79 x
2012-12-31 CN¥3.91 CN¥3.79 x
2013-12-31 CN¥1.88 CN¥3.79 x
2014-12-31 CN¥1.99 CN¥3.79 x
2015-12-31 CN¥1.76 CN¥3.79 x
2016-12-31 CN¥2.11 CN¥3.79 x
2017-12-31 CN¥1.94 CN¥3.79 x
2018-12-31 CN¥2.14 CN¥3.79 x
2019-12-31 CN¥1.66 CN¥3.79 x
2020-12-31 CN¥1.83 CN¥3.79 x
2021-12-31 CN¥0.12 CN¥3.79 x
2022-12-31 CN¥0.21 CN¥3.79 x
2023-12-31 CN¥0.15 CN¥3.79 x
2024-12-31 CN¥0.06 CN¥3.79 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): -161.19%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -11.23%
  • • Asset Turnover: 0.79x
  • • Equity Multiplier: 18.10x
  • Recent ROE (-161.19%) is below the historical average (-38.49%), 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 14.37% 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

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: $6,138,789,725
  • Average return on equity (ROE) among peers: 10.33%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shanghai Hongda New Material Co Ltd (002211) CN¥13.57 Million 14.37% 26.99x $239.85 Million
North Huajin Chemical Industries Co Ltd (000059) $7.23 Billion -2.15% 2.93x $1.21 Billion
Sichuan Chemical Co Ltd (000155) $1.91 Billion 7.06% 0.54x $4.43 Billion
Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) $35.70 Billion 1.71% 3.66x $12.52 Billion
Zangge Holding Co Ltd (000408) $54.34 Million 16.98% 1.99x $19.90 Billion
Sichuan Jinlu Group Co Ltd (000510) $341.38 Million 13.56% 0.81x $1.59 Billion
Jilin Gpro Titanium Industry Co Ltd (000545) $24.25 Million 13.70% 13.57x $444.77 Million
Aoyuan Beauty Valley Technology Co Ltd (000615) $638.00 Million 0.68% 1.30x $912.87 Million
Ningxia Younglight Chemicals Co Ltd (000635) $907.04 Million 5.27% 3.14x $477.54 Million
Maoming Petro-Chemical Shihua Co Ltd (000637) $527.87 Million 11.23% 0.11x $362.87 Million
Inner Mongolia Yuan Xing Energy Co Ltd (000683) $14.05 Billion 35.21% 0.86x $4.66 Billion

About Shanghai Hongda New Material Co Ltd

SHE:002211 China Chemicals
Market Cap
$239.85 Million
CN¥1.64 Billion CNY
Market Cap Rank
#15866 Global
#4637 in China
Share Price
CN¥3.79
Change (1 day)
+0.00%
52-Week Range
CN¥2.64 - CN¥3.96
All Time High
CN¥18.90
About

Shanghai Hongda New Material Co., Ltd., together with its subsidiaries, engages in the production and sale of silicone rubber in China. It also offers information security communication equipment. The company was formerly known as Jiangsu Hongda New Material Co., Ltd. And changed its name to Shanghai Hongda New Material Co., Ltd. Shanghai Hongda New Material Co., Ltd. was founded in 2002 and is b… Read more