Shenzhen Chengxin Lithium Group Co Ltd
Chengxin Lithium Group Co., Ltd. engages in the mining, production, and sale of lithium salt and metal, and timber products in China. It operates through two segments Forestry Planting and Sales Business; and Lithium Product Processing and Sales Business. The company offers lithium concentrate, carbonate, hydroxide, chloride, and other lithium metals. Its products are used in lithium-ion power ba… Read more
Shenzhen Chengxin Lithium Group Co Ltd (002240) - Net Assets
Latest net assets as of September 2025: CN¥10.86 Billion CNY
Based on the latest financial reports, Shenzhen Chengxin Lithium Group Co Ltd (002240) has net assets worth CN¥10.86 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¥21.87 Billion) and total liabilities (CN¥11.01 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¥10.86 Billion |
| % of Total Assets | 49.66% |
| Annual Growth Rate | 22.4% |
| 5-Year Change | 271.13% |
| 10-Year Change | 780.77% |
| Growth Volatility | 55.32 |
Shenzhen Chengxin Lithium Group Co Ltd - Net Assets Trend (2005–2024)
This chart illustrates how Shenzhen Chengxin Lithium Group 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 Shenzhen Chengxin Lithium Group Co Ltd (2005–2024)
The table below shows the annual net assets of Shenzhen Chengxin Lithium Group Co Ltd from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥12.33 Billion | -7.12% |
| 2023-12-31 | CN¥13.28 Billion | +2.13% |
| 2022-12-31 | CN¥13.00 Billion | +154.21% |
| 2021-12-31 | CN¥5.11 Billion | +53.90% |
| 2020-12-31 | CN¥3.32 Billion | +25.54% |
| 2019-12-31 | CN¥2.65 Billion | +21.55% |
| 2018-12-31 | CN¥2.18 Billion | +2.32% |
| 2017-12-31 | CN¥2.13 Billion | +37.79% |
| 2016-12-31 | CN¥1.54 Billion | +10.30% |
| 2015-12-31 | CN¥1.40 Billion | -12.44% |
| 2014-12-31 | CN¥1.60 Billion | +0.65% |
| 2013-12-31 | CN¥1.59 Billion | +1.54% |
| 2012-12-31 | CN¥1.56 Billion | -7.98% |
| 2011-12-31 | CN¥1.70 Billion | +0.71% |
| 2010-12-31 | CN¥1.69 Billion | +1.96% |
| 2009-12-31 | CN¥1.66 Billion | -4.72% |
| 2008-12-31 | CN¥1.74 Billion | +203.19% |
| 2007-12-31 | CN¥573.21 Million | +60.02% |
| 2006-12-31 | CN¥358.21 Million | +35.18% |
| 2005-12-31 | CN¥264.98 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Chengxin Lithium Group 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 5444.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥5.21 Billion | 43.35% |
| Common Stock | CN¥915.29 Million | 7.61% |
| Other Comprehensive Income | CN¥64.42 Million | 0.54% |
| Other Components | CN¥5.83 Billion | 48.50% |
| Total Equity | CN¥12.03 Billion | 100.00% |
Shenzhen Chengxin Lithium Group Co Ltd Competitors by Market Cap
The table below lists competitors of Shenzhen Chengxin Lithium Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Monday.Com Ltd
NASDAQ:MNDY
|
$3.14 Billion |
|
Geovis Technology Co Ltd
SHG:688568
|
$3.14 Billion |
|
HAKUHODO DY HLDG
MU:HDU
|
$3.14 Billion |
|
Freshpet Inc
NASDAQ:FRPT
|
$3.14 Billion |
|
Nexchip Semiconductor Corp. A
SHG:688249
|
$3.14 Billion |
|
Corporate Office Properties Trust
F:WX7
|
$3.14 Billion |
|
Cencosud
SN:CENCOSUD
|
$3.13 Billion |
|
First Bancorp
NYSE:FBP
|
$3.13 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Chengxin Lithium Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 12,960,810,837 to 12,026,312,724, a change of -934,498,113 (-7.2%).
- Net loss of 621,580,676 reduced equity.
- Dividend payments of 431,414,644 reduced retained earnings.
- Share repurchases of 286,316,289 reduced equity.
- Other comprehensive income increased equity by 55,363,764.
- Other factors increased equity by 349,449,732.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-621.58 Million | -5.17% |
| Dividends Paid | CN¥431.41 Million | -3.59% |
| Share Repurchases | CN¥286.32 Million | -2.38% |
| Other Comprehensive Income | CN¥55.36 Million | +0.46% |
| Other Changes | CN¥349.45 Million | +2.91% |
| Total Change | CN¥- | -7.21% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Chengxin Lithium Group 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: 2.85x
- 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 51.30x to 2.85x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | CN¥0.74 | CN¥38.03 | x |
| 2006-12-31 | CN¥1.20 | CN¥38.03 | x |
| 2007-12-31 | CN¥1.56 | CN¥38.03 | x |
| 2008-12-31 | CN¥4.01 | CN¥38.03 | x |
| 2009-12-31 | CN¥3.40 | CN¥38.03 | x |
| 2010-12-31 | CN¥3.88 | CN¥38.03 | x |
| 2011-12-31 | CN¥3.61 | CN¥38.03 | x |
| 2012-12-31 | CN¥3.16 | CN¥38.03 | x |
| 2013-12-31 | CN¥3.28 | CN¥38.03 | x |
| 2014-12-31 | CN¥2.77 | CN¥38.03 | x |
| 2015-12-31 | CN¥2.84 | CN¥38.03 | x |
| 2016-12-31 | CN¥3.02 | CN¥38.03 | x |
| 2017-12-31 | CN¥3.88 | CN¥38.03 | x |
| 2018-12-31 | CN¥3.87 | CN¥38.03 | x |
| 2019-12-31 | CN¥4.71 | CN¥38.03 | x |
| 2020-12-31 | CN¥4.74 | CN¥38.03 | x |
| 2021-12-31 | CN¥6.42 | CN¥38.03 | x |
| 2022-12-31 | CN¥14.65 | CN¥38.03 | x |
| 2023-12-31 | CN¥14.21 | CN¥38.03 | x |
| 2024-12-31 | CN¥13.35 | CN¥38.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Chengxin Lithium Group 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): -5.17%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -13.57%
- • Asset Turnover: 0.21x
- • Equity Multiplier: 1.81x
- Recent ROE (-5.17%) is below the historical average (6.60%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 26.14% | 13.99% | 0.42x | 4.42x | CN¥34.93 Million |
| 2006 | 27.04% | 19.98% | 0.39x | 3.50x | CN¥59.66 Million |
| 2007 | 29.66% | 22.44% | 0.37x | 3.61x | CN¥111.89 Million |
| 2008 | 3.90% | 9.01% | 0.24x | 1.77x | CN¥-105.61 Million |
| 2009 | -3.13% | -5.76% | 0.29x | 1.90x | CN¥-216.45 Million |
| 2010 | 1.03% | 1.12% | 0.46x | 2.01x | CN¥-149.44 Million |
| 2011 | 0.28% | 0.24% | 0.58x | 1.95x | CN¥-162.45 Million |
| 2012 | -7.60% | -6.70% | 0.58x | 1.97x | CN¥-270.75 Million |
| 2013 | 0.61% | 0.54% | 0.64x | 1.77x | CN¥-147.32 Million |
| 2014 | 0.72% | 0.67% | 0.64x | 1.70x | CN¥-146.63 Million |
| 2015 | -14.06% | -13.53% | 0.60x | 1.73x | CN¥-333.39 Million |
| 2016 | 1.65% | 1.67% | 0.56x | 1.78x | CN¥-118.19 Million |
| 2017 | 1.29% | 1.30% | 0.68x | 1.45x | CN¥-177.62 Million |
| 2018 | 5.17% | 4.30% | 0.70x | 1.72x | CN¥-101.11 Million |
| 2019 | -2.33% | -2.60% | 0.47x | 1.92x | CN¥-313.04 Million |
| 2020 | 0.84% | 1.52% | 0.37x | 1.49x | CN¥-294.60 Million |
| 2021 | 16.98% | 28.70% | 0.41x | 1.43x | CN¥356.01 Million |
| 2022 | 43.63% | 46.12% | 0.65x | 1.45x | CN¥4.28 Billion |
| 2023 | 5.42% | 8.83% | 0.38x | 1.60x | CN¥-593.84 Million |
| 2024 | -5.17% | -13.57% | 0.21x | 1.81x | CN¥-1.82 Billion |
Industry Comparison
This section compares Shenzhen Chengxin Lithium Group Co Ltd's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $5,113,169,923
- Average return on equity (ROE) among peers: 134.71%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Chengxin Lithium Group Co Ltd (002240) | CN¥10.86 Billion | 26.14% | 1.01x | $3.14 Billion |
| North Huajin Chemical Industries Co Ltd (000059) | $6.02 Billion | 6.39% | 1.78x | $667.34 Million |
| Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) | $37.47 Billion | -6.13% | 4.45x | $2.93 Billion |
| Zangge Holding Co Ltd (000408) | $77.02 Million | 1290.57% | 5.02x | $11.50 Billion |
| Sichuan Jinlu Group Co Ltd (000510) | $610.23 Million | -19.65% | 0.75x | $1.15 Billion |
| Jilin Gpro Titanium Industry Co Ltd (000545) | $313.50 Million | 0.80% | 0.55x | $406.72 Million |
| Aoyuan Beauty Valley Technology Co Ltd (000615) | $54.68 Million | 39.27% | 1.16x | $222.39 Million |
| Ningxia Younglight Chemicals Co Ltd (000635) | $31.53 Million | 19.31% | 2.12x | $292.93 Million |
| Maoming Petro-Chemical Shihua Co Ltd (000637) | $527.87 Million | 11.23% | 0.11x | $184.51 Million |
| Shenyang Chemical Industry Co Ltd (000698) | $3.87 Billion | 4.85% | 1.49x | $239.27 Million |
| Hubei Shuanghuan Science and Technology Stock Co Ltd (000707) | $2.15 Billion | 0.42% | 2.92x | $403.51 Million |