Suzhou Hesheng Special Material Co Ltd (002290) - Net Assets
Based on the latest financial reports, Suzhou Hesheng Special Material Co Ltd (002290) has net assets worth CN¥1.01 Billion CNY (≈ $147.74 Million 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¥2.14 Billion ≈ $313.09 Million USD) and total liabilities (CN¥1.13 Billion ≈ $165.35 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 002290 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.01 Billion |
| % of Total Assets | 47.19% |
| Annual Growth Rate | 17.37% |
| 5-Year Change | 84.65% |
| 10-Year Change | -19.12% |
| Growth Volatility | 80.35 |
Suzhou Hesheng Special Material Co Ltd - Net Assets Trend (2006–2025)
This chart illustrates how Suzhou Hesheng Special Material Co Ltd's net assets have evolved over time, based on quarterly financial data. See Suzhou Hesheng Special Material Co Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Suzhou Hesheng Special Material Co Ltd (2006–2025)
The table below shows the annual net assets of Suzhou Hesheng Special Material Co Ltd from 2006 to 2025. For live valuation and market cap data, see market cap of Suzhou Hesheng Special Material Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥974.92 Million ≈ $142.66 Million |
+20.51% |
| 2024-12-31 | CN¥808.97 Million ≈ $118.38 Million |
+14.58% |
| 2023-12-31 | CN¥706.04 Million ≈ $103.32 Million |
+14.90% |
| 2022-12-31 | CN¥614.47 Million ≈ $89.92 Million |
+16.38% |
| 2021-12-31 | CN¥528.00 Million ≈ $77.26 Million |
+19.68% |
| 2020-12-31 | CN¥441.17 Million ≈ $64.56 Million |
+14.27% |
| 2019-12-31 | CN¥386.09 Million ≈ $56.50 Million |
-68.91% |
| 2018-12-31 | CN¥1.24 Billion ≈ $181.72 Million |
+2.79% |
| 2017-12-31 | CN¥1.21 Billion ≈ $176.79 Million |
+0.23% |
| 2016-12-31 | CN¥1.21 Billion ≈ $176.38 Million |
+44.13% |
| 2015-12-31 | CN¥836.28 Million ≈ $122.37 Million |
-0.40% |
| 2014-12-31 | CN¥839.61 Million ≈ $122.86 Million |
-13.65% |
| 2013-12-31 | CN¥972.37 Million ≈ $142.29 Million |
+0.93% |
| 2012-12-31 | CN¥963.43 Million ≈ $140.98 Million |
+1.02% |
| 2011-12-31 | CN¥953.68 Million ≈ $139.55 Million |
+4.28% |
| 2010-12-31 | CN¥914.56 Million ≈ $133.83 Million |
+9.36% |
| 2009-12-31 | CN¥836.28 Million ≈ $122.37 Million |
+301.73% |
| 2008-12-31 | CN¥208.17 Million ≈ $30.46 Million |
+47.01% |
| 2007-12-31 | CN¥141.60 Million ≈ $20.72 Million |
+204.47% |
| 2006-12-31 | CN¥46.51 Million ≈ $6.81 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Suzhou Hesheng Special 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 grown by 3088.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥617.14 Million | 63.75% |
| Common Stock | CN¥248.11 Million | 25.63% |
| Other Comprehensive Income | CN¥6.80 Million | 0.70% |
| Other Components | CN¥95.97 Million | 9.91% |
| Total Equity | CN¥968.02 Million | 100.00% |
Suzhou Hesheng Special Material Co Ltd Competitors by Market Cap
The table below lists competitors of Suzhou Hesheng Special Material Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
KAR Auction Services Inc
NYSE:KAR
|
$3.03 Billion |
|
Xiamen Bank Co Ltd
SHG:601187
|
$3.03 Billion |
|
Shinsung E&G Co. Ltd
KO:011930
|
$3.03 Billion |
|
Wienerberger AG
VI:WIE
|
$3.03 Billion |
|
SHAND.GOLD MNG LTD H HD 1
F:188H
|
$3.03 Billion |
|
Netweb Technologies India Limited
NSE:NETWEB
|
$3.02 Billion |
|
Highwealth Construction Corp
TW:2542
|
$3.02 Billion |
|
OceanaGold Corporation
F:RQQ
|
$3.02 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Suzhou Hesheng Special Material Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 804,645,702 to 968,018,569, a change of 163,372,867 (20.3%).
- Net income of 163,372,866 contributed positively to equity growth.
- Dividend payments of 3,768,048 reduced retained earnings.
- Other comprehensive income decreased equity by 37,445,872.
- Other factors increased equity by 41,213,921.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥163.37 Million | +16.88% |
| Dividends Paid | CN¥3.77 Million | -0.39% |
| Other Comprehensive Income | CN¥-37.45 Million | -3.87% |
| Other Changes | CN¥41.21 Million | +4.26% |
| Total Change | CN¥- | 20.30% |
Book Value vs Market Value Analysis
This analysis compares Suzhou Hesheng Special 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: 21.37x
- 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 decreased from 113.13x to 21.37x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | CN¥0.74 | CN¥83.38 | x |
| 2007-12-31 | CN¥1.15 | CN¥83.38 | x |
| 2008-12-31 | CN¥1.32 | CN¥83.38 | x |
| 2009-12-31 | CN¥4.75 | CN¥83.38 | x |
| 2010-12-31 | CN¥4.33 | CN¥83.38 | x |
| 2011-12-31 | CN¥4.48 | CN¥83.38 | x |
| 2012-12-31 | CN¥4.66 | CN¥83.38 | x |
| 2013-12-31 | CN¥4.54 | CN¥83.38 | x |
| 2014-12-31 | CN¥3.98 | CN¥83.38 | x |
| 2015-12-31 | CN¥3.85 | CN¥83.38 | x |
| 2016-12-31 | CN¥5.60 | CN¥83.38 | x |
| 2017-12-31 | CN¥5.10 | CN¥83.38 | x |
| 2018-12-31 | CN¥5.14 | CN¥83.38 | x |
| 2019-12-31 | CN¥1.59 | CN¥83.38 | x |
| 2020-12-31 | CN¥1.84 | CN¥83.38 | x |
| 2021-12-31 | CN¥2.13 | CN¥83.38 | x |
| 2022-12-31 | CN¥2.52 | CN¥83.38 | x |
| 2023-12-31 | CN¥2.81 | CN¥83.38 | x |
| 2024-12-31 | CN¥3.21 | CN¥83.38 | x |
| 2025-12-31 | CN¥3.90 | CN¥83.38 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Suzhou Hesheng Special 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): 16.88%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.41%
- • Asset Turnover: 1.26x
- • Equity Multiplier: 2.09x
- Recent ROE (16.88%) is above the historical average (-5.13%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 37.15% | 7.48% | 1.60x | 3.11x | CN¥12.63 Million |
| 2007 | 30.94% | 9.71% | 1.61x | 1.98x | CN¥29.66 Million |
| 2008 | 31.98% | 9.34% | 1.85x | 1.85x | CN¥45.75 Million |
| 2009 | 9.33% | 11.72% | 0.67x | 1.19x | CN¥-5.64 Million |
| 2010 | 10.39% | 8.96% | 0.93x | 1.25x | CN¥3.55 Million |
| 2011 | 6.47% | 5.43% | 0.90x | 1.32x | CN¥-33.67 Million |
| 2012 | 2.57% | 2.16% | 0.85x | 1.40x | CN¥-71.55 Million |
| 2013 | 3.09% | 2.75% | 0.81x | 1.38x | CN¥-67.23 Million |
| 2014 | -14.56% | -10.32% | 0.83x | 1.70x | CN¥-206.18 Million |
| 2015 | 3.38% | 2.61% | 0.81x | 1.60x | CN¥-55.36 Million |
| 2016 | 2.32% | 2.66% | 0.54x | 1.62x | CN¥-92.57 Million |
| 2017 | 0.20% | 0.17% | 0.44x | 2.68x | CN¥-118.44 Million |
| 2018 | 5.06% | 3.62% | 0.51x | 2.72x | CN¥-61.35 Million |
| 2019 | -310.32% | -69.42% | 1.13x | 3.94x | CN¥-1.24 Billion |
| 2020 | 12.48% | 3.02% | 1.26x | 3.28x | CN¥10.96 Million |
| 2021 | 15.53% | 3.61% | 1.39x | 3.10x | CN¥29.18 Million |
| 2022 | 10.73% | 3.09% | 1.40x | 2.49x | CN¥4.49 Million |
| 2023 | 11.72% | 3.54% | 1.33x | 2.50x | CN¥12.17 Million |
| 2024 | 12.17% | 3.88% | 1.41x | 2.22x | CN¥17.45 Million |
| 2025 | 16.88% | 6.41% | 1.26x | 2.09x | CN¥66.57 Million |
Industry Comparison
This section compares Suzhou Hesheng Special Material Co Ltd's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $3,937,256,453
- Average return on equity (ROE) among peers: -68.94%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Suzhou Hesheng Special Material Co Ltd (002290) | CN¥1.01 Billion | 37.15% | 1.12x | $3.03 Billion |
| North Huajin Chemical Industries Co Ltd (000059) | $7.23 Billion | -2.15% | 2.93x | $966.62 Million |
| Sichuan Chemical Co Ltd (000155) | $452.40 Million | 20.36% | 1.97x | $3.60 Billion |
| Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) | $15.71 Billion | 6.15% | 0.89x | $11.87 Billion |
| Zangge Holding Co Ltd (000408) | $500.14 Million | 2.06% | 0.92x | $17.73 Billion |
| Sichuan Jinlu Group Co Ltd (000510) | $1.13 Billion | -5.69% | 1.37x | $2.09 Billion |
| Jilin Gpro Titanium Industry Co Ltd (000545) | $1.88 Billion | -7.74% | 0.64x | $359.57 Million |
| Aoyuan Beauty Valley Technology Co Ltd (000615) | $230.01 Million | -699.06% | 15.25x | $886.71 Million |
| Ningxia Younglight Chemicals Co Ltd (000635) | $2.27 Billion | -17.14% | 0.20x | $388.72 Million |
| Maoming Petro-Chemical Shihua Co Ltd (000637) | $220.98 Million | 19.06% | 0.40x | $286.80 Million |
| Inner Mongolia Yuan Xing Energy Co Ltd (000683) | $9.76 Billion | -5.25% | 1.28x | $3.57 Billion |
About Suzhou Hesheng Special Material Co Ltd
Suzhou Hesheng Special Material Co., Ltd. engages in the production and sale of composite materials for home appliances in China and internationally. It operates through Home Appliance Composite Materials; Investment and Commercial Factoring; and Artificial Intelligence and System Integration segments. The company offers PCM/VCM composite materials for use in refrigerators, washing machines, and … Read more