Shenzhen Chengxin Lithium Group Co Ltd (002240) - Net Assets
Based on the latest financial reports, Shenzhen Chengxin Lithium Group Co Ltd (002240) has net assets worth CN¥12.37 Billion CNY (≈ $1.81 Billion 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¥25.50 Billion ≈ $3.73 Billion USD) and total liabilities (CN¥13.13 Billion ≈ $1.92 Billion 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 how strategically is Shenzhen Chengxin Lithium Group Co Ltd's equity deployed to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥12.37 Billion |
| % of Total Assets | 48.51% |
| Annual Growth Rate | 20.82% |
| 5-Year Change | 127.12% |
| 10-Year Change | 654.27% |
| Growth Volatility | 54.48 |
Shenzhen Chengxin Lithium Group Co Ltd - Net Assets Trend (2005–2025)
This chart illustrates how Shenzhen Chengxin Lithium Group Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Shenzhen Chengxin Lithium Group Co Ltd market cap and net worth.
Annual Net Assets for Shenzhen Chengxin Lithium Group Co Ltd (2005–2025)
The table below shows the annual net assets of Shenzhen Chengxin Lithium Group Co Ltd from 2005 to 2025. Also explore Shenzhen Chengxin Lithium Group Co Ltd (002240) net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥11.65 Billion ≈ $1.70 Billion |
-5.54% |
| 2024-12-31 | CN¥12.33 Billion ≈ $1.80 Billion |
-7.12% |
| 2023-12-31 | CN¥13.28 Billion ≈ $1.94 Billion |
+2.13% |
| 2022-12-31 | CN¥13.00 Billion ≈ $1.90 Billion |
+153.46% |
| 2021-12-31 | CN¥5.13 Billion ≈ $750.44 Million |
+54.36% |
| 2020-12-31 | CN¥3.32 Billion ≈ $486.17 Million |
+25.54% |
| 2019-12-31 | CN¥2.65 Billion ≈ $387.27 Million |
-2.06% |
| 2018-12-31 | CN¥2.70 Billion ≈ $395.41 Million |
+28.41% |
| 2017-12-31 | CN¥2.10 Billion ≈ $307.94 Million |
+36.28% |
| 2016-12-31 | CN¥1.54 Billion ≈ $225.96 Million |
+10.30% |
| 2015-12-31 | CN¥1.40 Billion ≈ $204.86 Million |
-12.44% |
| 2014-12-31 | CN¥1.60 Billion ≈ $233.96 Million |
+0.65% |
| 2013-12-31 | CN¥1.59 Billion ≈ $232.46 Million |
+0.04% |
| 2012-12-31 | CN¥1.59 Billion ≈ $232.37 Million |
-6.61% |
| 2011-12-31 | CN¥1.70 Billion ≈ $248.81 Million |
+0.71% |
| 2010-12-31 | CN¥1.69 Billion ≈ $247.06 Million |
+1.96% |
| 2009-12-31 | CN¥1.66 Billion ≈ $242.32 Million |
-4.72% |
| 2008-12-31 | CN¥1.74 Billion ≈ $254.32 Million |
+203.19% |
| 2007-12-31 | CN¥573.21 Million ≈ $83.88 Million |
+60.02% |
| 2006-12-31 | CN¥358.21 Million ≈ $52.42 Million |
+35.18% |
| 2005-12-31 | CN¥264.98 Million ≈ $38.77 Million |
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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 4567.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥4.39 Billion | 42.82% |
| Common Stock | CN¥915.29 Million | 8.93% |
| Other Comprehensive Income | CN¥-10.85 Million | -0.11% |
| Other Components | CN¥4.96 Billion | 48.36% |
| Total Equity | CN¥10.25 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 |
|---|---|
|
Charoen Pokphand Foods Public Company Limited
F:NVAV
|
$3.63 Billion |
|
Chunghwa Precision Test Tech Co Ltd
TWO:6510
|
$3.64 Billion |
|
Athabasca Oil Corp
TO:ATH
|
$3.64 Billion |
|
Lemonade Inc
NYSE:LMND
|
$3.64 Billion |
|
BancFirst Corporation
NASDAQ:BANF
|
$3.63 Billion |
|
Shenzhen Goodix Technology Co Ltd Class A
SHG:603160
|
$3.63 Billion |
|
Sino-American Silicon Products
TWO:5483
|
$3.63 Billion |
|
Xiangcai Co Ltd
SHG:600095
|
$3.63 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 2024 to 2025, total equity changed from 12,026,312,724 to 10,249,763,462, a change of -1,776,549,262 (-14.8%).
- Net loss of 888,079,510 reduced equity.
- Dividend payments of 199,011,995 reduced retained earnings.
- Share repurchases of 444,989,107 reduced equity.
- Other comprehensive income decreased equity by 75,273,885.
- Other factors decreased equity by 169,194,765.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-888.08 Million | -8.66% |
| Dividends Paid | CN¥199.01 Million | -1.94% |
| Share Repurchases | CN¥444.99 Million | -4.34% |
| Other Comprehensive Income | CN¥-75.27 Million | -0.73% |
| Other Changes | CN¥-169.19 Million | -1.65% |
| Total Change | CN¥- | -14.77% |
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: 2.40x
- 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 36.58x to 2.40x 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¥27.12 | x |
| 2006-12-31 | CN¥1.20 | CN¥27.12 | x |
| 2007-12-31 | CN¥1.56 | CN¥27.12 | x |
| 2008-12-31 | CN¥4.01 | CN¥27.12 | x |
| 2009-12-31 | CN¥3.40 | CN¥27.12 | x |
| 2010-12-31 | CN¥3.88 | CN¥27.12 | x |
| 2011-12-31 | CN¥3.61 | CN¥27.12 | x |
| 2012-12-31 | CN¥3.21 | CN¥27.12 | x |
| 2013-12-31 | CN¥3.28 | CN¥27.12 | x |
| 2014-12-31 | CN¥2.77 | CN¥27.12 | x |
| 2015-12-31 | CN¥2.84 | CN¥27.12 | x |
| 2016-12-31 | CN¥3.02 | CN¥27.12 | x |
| 2017-12-31 | CN¥3.84 | CN¥27.12 | x |
| 2018-12-31 | CN¥4.22 | CN¥27.12 | x |
| 2019-12-31 | CN¥4.71 | CN¥27.12 | x |
| 2020-12-31 | CN¥4.74 | CN¥27.12 | x |
| 2021-12-31 | CN¥6.44 | CN¥27.12 | x |
| 2022-12-31 | CN¥14.65 | CN¥27.12 | x |
| 2023-12-31 | CN¥14.21 | CN¥27.12 | x |
| 2024-12-31 | CN¥13.35 | CN¥27.12 | x |
| 2025-12-31 | CN¥11.31 | CN¥27.12 | 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): -8.66%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -17.63%
- • Asset Turnover: 0.22x
- • Equity Multiplier: 2.19x
- Recent ROE (-8.66%) is below the historical average (5.87%), 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 | 0.56% | 0.49% | 0.58x | 1.95x | CN¥-157.70 Million |
| 2012 | -7.48% | -6.70% | 0.57x | 1.95x | CN¥-273.09 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 | 1.30% | 1.30% | 0.69x | 1.46x | CN¥-175.28 Million |
| 2018 | 4.73% | 4.30% | 0.61x | 1.81x | CN¥-120.56 Million |
| 2019 | -2.33% | -2.60% | 0.47x | 1.92x | CN¥-313.04 Million |
| 2020 | 0.84% | 1.52% | 0.37x | 1.51x | CN¥-294.60 Million |
| 2021 | 16.93% | 28.70% | 0.41x | 1.43x | CN¥354.49 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 |
| 2025 | -8.66% | -17.63% | 0.22x | 2.19x | CN¥-1.91 Billion |
Industry Comparison
This section compares Shenzhen Chengxin Lithium Group Co Ltd's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $2,295,542,691
- Average return on equity (ROE) among peers: 6.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Chengxin Lithium Group Co Ltd (002240) | CN¥12.37 Billion | 26.14% | 1.06x | $3.63 Billion |
| Chongqing Sanxia Paints Co Ltd (000565) | $420.42 Million | 6.58% | 1.35x | $421.30 Million |
| Hengyi Petrochemical Co Ltd (000703) | $317.69 Million | 4.78% | 1.26x | $9.48 Billion |
| Guangdong Xinhui Meida Nylon Co Ltd (000782) | $964.66 Million | 9.99% | 1.51x | $815.80 Million |
| Luxi Chemical Group Co Ltd (000830) | $8.64 Billion | 2.92% | 1.90x | $3.27 Billion |
| China Minmetals Rare Earth Co Ltd (000831) | $2.57 Billion | -2.17% | 0.02x | $8.29 Billion |
| Anhui Guofeng Plastic Industry Co Ltd (000859) | $2.91 Billion | 7.90% | 0.27x | $1.24 Billion |
| Cofco Biochemical Anhui Co Ltd (000930) | $1.91 Billion | 1.35% | 3.00x | $1.40 Billion |
| Shandong Link Science and Technology Co Ltd (001207) | $96.46 Million | 22.88% | 0.50x | $798.90 Million |
| Zhejiang Transfar Co Ltd (002010) | $1.50 Billion | 9.56% | 0.29x | $1.84 Billion |
| Poly Union Chemical Holding Group Co Ltd (002037) | $3.62 Billion | 4.90% | 2.05x | $477.95 Million |
About 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 and internationally. It operates through Timber planting and sales, and Lithium product processing and sales segments. The company offers lithium chloride, carbonate, hydroxide, spodumene, and other lithium metals. Its products are used in lithium-ion power batterie… Read more