Jiangsu Huachang Chemical Co Ltd (002274) - Net Assets
Based on the latest financial reports, Jiangsu Huachang Chemical Co Ltd (002274) has net assets worth CN¥5.51 Billion CNY (≈ $806.46 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¥7.79 Billion ≈ $1.14 Billion USD) and total liabilities (CN¥2.28 Billion ≈ $334.04 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. Also explore total assets of Jiangsu Huachang Chemical Co Ltd for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥5.51 Billion |
| % of Total Assets | 70.71% |
| Annual Growth Rate | 15.75% |
| 5-Year Change | 99.26% |
| 10-Year Change | 108.58% |
| Growth Volatility | 28.59 |
Jiangsu Huachang Chemical Co Ltd - Net Assets Trend (2005–2024)
This chart illustrates how Jiangsu Huachang Chemical Co Ltd's net assets have evolved over time, based on quarterly financial data. For live valuation and market cap data, see 002274 market cap overview.
Annual Net Assets for Jiangsu Huachang Chemical Co Ltd (2005–2024)
The table below shows the annual net assets of Jiangsu Huachang Chemical Co Ltd from 2005 to 2024. Explore Jiangsu Huachang Chemical Co Ltd (002274) cash conversion ratio to assess how effectively this company generates cash.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥5.78 Billion ≈ $846.00 Million |
+4.25% |
| 2023-12-31 | CN¥5.55 Billion ≈ $811.55 Million |
+8.93% |
| 2022-12-31 | CN¥5.09 Billion ≈ $745.02 Million |
+16.57% |
| 2021-12-31 | CN¥4.37 Billion ≈ $639.13 Million |
+50.54% |
| 2020-12-31 | CN¥2.90 Billion ≈ $424.57 Million |
+4.03% |
| 2019-12-31 | CN¥2.79 Billion ≈ $408.11 Million |
+4.29% |
| 2018-12-31 | CN¥2.67 Billion ≈ $391.32 Million |
+0.01% |
| 2017-12-31 | CN¥2.67 Billion ≈ $391.26 Million |
-4.24% |
| 2016-12-31 | CN¥2.79 Billion ≈ $408.58 Million |
+0.73% |
| 2015-12-31 | CN¥2.77 Billion ≈ $405.60 Million |
+48.09% |
| 2014-12-31 | CN¥1.87 Billion ≈ $273.89 Million |
-0.20% |
| 2013-12-31 | CN¥1.88 Billion ≈ $274.45 Million |
+39.62% |
| 2012-12-31 | CN¥1.34 Billion ≈ $196.57 Million |
-3.58% |
| 2011-12-31 | CN¥1.39 Billion ≈ $203.88 Million |
+6.09% |
| 2010-12-31 | CN¥1.31 Billion ≈ $192.16 Million |
+0.82% |
| 2009-12-31 | CN¥1.30 Billion ≈ $190.60 Million |
-10.81% |
| 2008-12-31 | CN¥1.46 Billion ≈ $213.69 Million |
+89.12% |
| 2007-12-31 | CN¥772.18 Million ≈ $112.99 Million |
+82.90% |
| 2006-12-31 | CN¥422.19 Million ≈ $61.78 Million |
+17.63% |
| 2005-12-31 | CN¥358.90 Million ≈ $52.52 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Jiangsu Huachang Chemical 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 1642.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.99 Billion | 52.23% |
| Common Stock | CN¥952.36 Million | 16.63% |
| Other Comprehensive Income | CN¥777.70 Million | 13.58% |
| Other Components | CN¥1.01 Billion | 17.56% |
| Total Equity | CN¥5.73 Billion | 100.00% |
Jiangsu Huachang Chemical Co Ltd Competitors by Market Cap
The table below lists competitors of Jiangsu Huachang Chemical Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Rongan Property Co Ltd
SHE:000517
|
$941.13 Million |
|
Yunnan QuakeSafe Seismic Isolation Technologies Co Ltd Class A
SHE:300767
|
$941.21 Million |
|
Clean Science and Technology Limited
NSE:CLEAN
|
$941.37 Million |
|
Life Healthcare
JSE:LHC
|
$941.52 Million |
|
Hunan Jiudian Pharmaceutical Co Ltd
SHE:300705
|
$940.58 Million |
|
AMG Advanced Metallurgical Group NV
AS:AMG
|
$940.26 Million |
|
Insperity Inc
NYSE:NSP
|
$940.19 Million |
|
Sino-High (China) Co. Ltd.
SHE:301076
|
$939.69 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiangsu Huachang Chemical Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,479,765,109 to 5,725,640,461, a change of 245,875,352 (4.5%).
- Net income of 521,372,138 contributed positively to equity growth.
- Dividend payments of 295,253,198 reduced retained earnings.
- Other comprehensive income increased equity by 59,420,950.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥521.37 Million | +9.11% |
| Dividends Paid | CN¥295.25 Million | -5.16% |
| Other Comprehensive Income | CN¥59.42 Million | +1.04% |
| Other Changes | CN¥-39.66 Million | -0.69% |
| Total Change | CN¥- | 4.49% |
Book Value vs Market Value Analysis
This analysis compares Jiangsu Huachang Chemical 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: 1.12x
- 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 8.22x to 1.12x 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¥0.82 | CN¥6.75 | x |
| 2006-12-31 | CN¥0.96 | CN¥6.75 | x |
| 2007-12-31 | CN¥1.75 | CN¥6.75 | x |
| 2008-12-31 | CN¥3.06 | CN¥6.75 | x |
| 2009-12-31 | CN¥2.21 | CN¥6.75 | x |
| 2010-12-31 | CN¥2.25 | CN¥6.75 | x |
| 2011-12-31 | CN¥2.39 | CN¥6.75 | x |
| 2012-12-31 | CN¥2.25 | CN¥6.75 | x |
| 2013-12-31 | CN¥2.50 | CN¥6.75 | x |
| 2014-12-31 | CN¥2.49 | CN¥6.75 | x |
| 2015-12-31 | CN¥3.39 | CN¥6.75 | x |
| 2016-12-31 | CN¥2.90 | CN¥6.75 | x |
| 2017-12-31 | CN¥2.77 | CN¥6.75 | x |
| 2018-12-31 | CN¥2.76 | CN¥6.75 | x |
| 2019-12-31 | CN¥2.87 | CN¥6.75 | x |
| 2020-12-31 | CN¥2.98 | CN¥6.75 | x |
| 2021-12-31 | CN¥4.58 | CN¥6.75 | x |
| 2022-12-31 | CN¥5.24 | CN¥6.75 | x |
| 2023-12-31 | CN¥5.75 | CN¥6.75 | x |
| 2024-12-31 | CN¥6.01 | CN¥6.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiangsu Huachang Chemical 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): 9.11%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.57%
- • Asset Turnover: 1.02x
- • Equity Multiplier: 1.36x
- Recent ROE (9.11%) is above the historical average (8.50%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 31.64% | 10.17% | 0.64x | 4.86x | CN¥77.53 Million |
| 2006 | 15.03% | 4.23% | 0.60x | 5.94x | CN¥21.22 Million |
| 2007 | 21.07% | 7.15% | 0.87x | 3.40x | CN¥85.42 Million |
| 2008 | 13.86% | 6.82% | 0.93x | 2.19x | CN¥56.32 Million |
| 2009 | -7.64% | -4.23% | 0.72x | 2.52x | CN¥-229.53 Million |
| 2010 | 0.79% | 0.32% | 0.98x | 2.56x | CN¥-120.77 Million |
| 2011 | 5.76% | 1.94% | 1.10x | 2.70x | CN¥-59.03 Million |
| 2012 | -5.92% | -1.99% | 0.98x | 3.04x | CN¥-213.60 Million |
| 2013 | 0.70% | 0.31% | 0.82x | 2.75x | CN¥-174.20 Million |
| 2014 | -6.62% | -2.92% | 0.67x | 3.36x | CN¥-310.90 Million |
| 2015 | 1.06% | 0.73% | 0.65x | 2.26x | CN¥-247.67 Million |
| 2016 | 1.11% | 0.76% | 0.65x | 2.23x | CN¥-245.41 Million |
| 2017 | 2.17% | 1.08% | 0.85x | 2.37x | CN¥-206.44 Million |
| 2018 | 5.41% | 2.45% | 0.89x | 2.49x | CN¥-120.64 Million |
| 2019 | 7.38% | 3.19% | 0.95x | 2.43x | CN¥-71.45 Million |
| 2020 | 6.44% | 2.99% | 0.82x | 2.61x | CN¥-100.99 Million |
| 2021 | 37.87% | 17.35% | 1.16x | 1.88x | CN¥1.20 Billion |
| 2022 | 17.46% | 9.64% | 1.09x | 1.66x | CN¥372.76 Million |
| 2023 | 13.32% | 8.88% | 0.99x | 1.52x | CN¥181.71 Million |
| 2024 | 9.11% | 6.57% | 1.02x | 1.36x | CN¥-51.19 Million |
Industry Comparison
This section compares Jiangsu Huachang Chemical Co Ltd's net assets metrics with peer companies in the Agricultural Inputs industry.
Industry Context
- Industry: Agricultural Inputs
- Average net assets among peers: $1,276,155,862
- Average return on equity (ROE) among peers: 5.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangsu Huachang Chemical Co Ltd (002274) | CN¥5.51 Billion | 31.64% | 0.41x | $940.69 Million |
| Hubei Yihua Chemical Industry Co Ltd (000422) | $93.02 Million | 20.86% | 0.74x | $2.69 Billion |
| Nanjing Red Sun Co Ltd (000525) | $199.50 Million | 23.03% | 0.63x | $1.05 Billion |
| ADAMA Ltd (000553) | $99.68 Million | 16.22% | 1.47x | $2.17 Billion |
| Grand Industrial Holding Co Ltd (000626) | $180.83 Million | 2.09% | 2.62x | $693.17 Million |
| Sichuan Meifeng Chemical Industry Co Ltd (000731) | $2.90 Billion | 2.98% | 0.32x | $581.45 Million |
| Qinghai Salt Lake Industry Co.Ltd (000792) | $5.12 Billion | 24.03% | 0.85x | $30.42 Billion |
| Asia Potash International Investment Guangzhou Co Ltd (000893) | $293.69 Million | -13.39% | 1.84x | $7.31 Billion |
| Hubei Xinyangfeng Fertilizer Co Ltd (000902) | $365.51 Million | -37.08% | 1.64x | $2.80 Billion |
| Sichuan Lutianhua Co Ltd (000912) | $3.05 Billion | 14.89% | 0.74x | $1.12 Billion |
| Guangxi Hechi Chemical Co Ltd (000953) | $462.27 Million | 4.39% | 1.64x | $374.49 Million |
About Jiangsu Huachang Chemical Co Ltd
Jiangsu Huachang Chemical Co., Ltd manufactures and sells agrochemicals, basic chemicals, fine chemicals, and biochemical products in China. It offers chemical products, such as industrial methanol, ammonium chloride, urea, sodium carbonate, anhydrous ammonia, nitric acid, and medicinal urea; and new material products, including n-butyraldehyde, isobutyraldehyde, n-butyl and isooctyl alcohol, pro… Read more