Shanghai Hongda New Material Co Ltd (002211) - Net Assets
Based on the latest financial reports, Shanghai Hongda New Material Co Ltd (002211) has net assets worth CN¥48.40 Million CNY (≈ $7.08 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¥428.93 Million ≈ $62.77 Million USD) and total liabilities (CN¥380.53 Million ≈ $55.68 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 capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥48.40 Million |
| % of Total Assets | 11.28% |
| 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. For live market cap and overall valuation, see market cap of Shanghai Hongda New Material Co Ltd.
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. Also explore Shanghai Hongda New Material Co Ltd (002211) net asset momentum to track the company's year-over-year net asset growth rate.
| 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 |
|---|---|
|
Tredegar Corporation
NYSE:TG
|
$238.66 Million |
|
Zhejiang Haiyan Power System Resources Environmental Technology Co. Ltd. A
SHG:688565
|
$238.82 Million |
|
Hansae Co
KO:105630
|
$238.87 Million |
|
Jantsa Jant Sanayi ve Ticaret AS
IS:JANTS
|
$238.94 Million |
|
HengFeng Information Technology Co Ltd
SHE:300605
|
$238.52 Million |
|
Pacific Current Group Ltd
AU:PAC
|
$238.50 Million |
|
Orrön Energy AB (publ)
ST:ORRON
|
$238.45 Million |
|
First Savings Financial Group Inc
NASDAQ:FSFG
|
$238.37 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: 35.17x
- 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 4.51x to 35.17x 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¥3.77 | x |
| 2005-12-31 | CN¥1.14 | CN¥3.77 | x |
| 2006-12-31 | CN¥0.79 | CN¥3.77 | x |
| 2007-12-31 | CN¥1.15 | CN¥3.77 | x |
| 2008-12-31 | CN¥2.56 | CN¥3.77 | x |
| 2009-12-31 | CN¥2.59 | CN¥3.77 | x |
| 2010-12-31 | CN¥4.59 | CN¥3.77 | x |
| 2011-12-31 | CN¥3.49 | CN¥3.77 | x |
| 2012-12-31 | CN¥3.91 | CN¥3.77 | x |
| 2013-12-31 | CN¥1.88 | CN¥3.77 | x |
| 2014-12-31 | CN¥1.99 | CN¥3.77 | x |
| 2015-12-31 | CN¥1.76 | CN¥3.77 | x |
| 2016-12-31 | CN¥2.11 | CN¥3.77 | x |
| 2017-12-31 | CN¥1.94 | CN¥3.77 | x |
| 2018-12-31 | CN¥2.14 | CN¥3.77 | x |
| 2019-12-31 | CN¥1.66 | CN¥3.77 | x |
| 2020-12-31 | CN¥1.83 | CN¥3.77 | x |
| 2021-12-31 | CN¥0.12 | CN¥3.77 | x |
| 2022-12-31 | CN¥0.21 | CN¥3.77 | x |
| 2023-12-31 | CN¥0.15 | CN¥3.77 | x |
| 2024-12-31 | CN¥0.06 | CN¥3.77 | x |
| 2025-12-31 | CN¥0.11 | CN¥3.77 | 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: $3,406,218,266
- Average return on equity (ROE) among peers: -7.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shanghai Hongda New Material Co Ltd (002211) | CN¥48.40 Million | 14.37% | 7.86x | $238.58 Million |
| North Huajin Chemical Industries Co Ltd (000059) | $11.08 Billion | 16.27% | 1.83x | $1.27 Billion |
| Sichuan Chemical Co Ltd (000155) | $7.35 Billion | 4.73% | 1.50x | $3.16 Billion |
| Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) | $2.69 Billion | 5.91% | 0.33x | $13.19 Billion |
| Zangge Holding Co Ltd (000408) | $54.34 Million | 16.98% | 1.99x | $16.61 Billion |
| Sichuan Jinlu Group Co Ltd (000510) | $1.05 Billion | 5.90% | 0.53x | $1.71 Billion |
| Jilin Gpro Titanium Industry Co Ltd (000545) | $8.60 Million | -181.96% | 26.75x | $314.80 Million |
| Aoyuan Beauty Valley Technology Co Ltd (000615) | $65.84 Million | 34.24% | 0.83x | $844.86 Million |
| Ningxia Younglight Chemicals Co Ltd (000635) | $2.74 Billion | 2.81% | 0.29x | $424.48 Million |
| Maoming Petro-Chemical Shihua Co Ltd (000637) | $744.34 Million | 20.41% | 0.24x | $311.90 Million |
| Inner Mongolia Yuan Xing Energy Co Ltd (000683) | $8.26 Billion | 0.69% | 1.35x | $3.13 Billion |
About Shanghai Hongda New Material Co Ltd
Shanghai Hongda New Material Co., Ltd., together with its subsidiaries, engages in the processing and sale of silicone rubber materials in China and internationally. It offers silicone oil and organosilicon monomer materials. 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.… Read more