Do-Fluoride Chemicals Co Ltd

SHE:002407 China Chemicals
Market Cap
$4.65 Billion
CN¥34.12 Billion CNY
Market Cap Rank
#3396 Global
#268 in China
Share Price
CN¥28.66
Change (1 day)
-6.19%
52-Week Range
CN¥10.76 - CN¥40.65
All Time High
CN¥134.60
Categories
Companies in China Chemicals
About

Do-Fluoride New Materials Co., Ltd. engages in the development, production, and sale of inorganic fluorides, electronic chemicals, lithium-ion batteries, and related materials in China and internationally. The company offers cryolite, anhydrous aluminum fluoride, sodium fluoride and fluosilicate, white carbon black, and anhydrous hydrogen fluoride; lithium hexafluorophosphate and difluorophosphat… Read more

Do-Fluoride Chemicals Co Ltd (002407) - Net Assets

Latest net assets as of September 2025: CN¥10.86 Billion CNY

Based on the latest financial reports, Do-Fluoride Chemicals Co Ltd (002407) 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¥24.34 Billion) and total liabilities (CN¥13.48 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 44.62%
Annual Growth Rate 28.63%
5-Year Change 212.93%
10-Year Change 369.35%
Growth Volatility 65.51

Do-Fluoride Chemicals Co Ltd - Net Assets Trend (2006–2024)

This chart illustrates how Do-Fluoride Chemicals 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 Do-Fluoride Chemicals Co Ltd (2006–2024)

The table below shows the annual net assets of Do-Fluoride Chemicals Co Ltd from 2006 to 2024.

Year Net Assets Change
2024-12-31 CN¥11.03 Billion -6.25%
2023-12-31 CN¥11.77 Billion +47.21%
2022-12-31 CN¥7.99 Billion +37.35%
2021-12-31 CN¥5.82 Billion +65.09%
2020-12-31 CN¥3.53 Billion +1.68%
2019-12-31 CN¥3.47 Billion -13.73%
2018-12-31 CN¥4.02 Billion +25.65%
2017-12-31 CN¥3.20 Billion +11.14%
2016-12-31 CN¥2.88 Billion +22.44%
2015-12-31 CN¥2.35 Billion +41.97%
2014-12-31 CN¥1.66 Billion +1.15%
2013-12-31 CN¥1.64 Billion +0.53%
2012-12-31 CN¥1.63 Billion +5.08%
2011-12-31 CN¥1.55 Billion +8.70%
2010-12-31 CN¥1.43 Billion +278.54%
2009-12-31 CN¥376.49 Million +20.06%
2008-12-31 CN¥313.58 Million +21.91%
2007-12-31 CN¥257.22 Million +116.74%
2006-12-31 CN¥118.67 Million --

Equity Component Analysis

This analysis shows how different components contribute to Do-Fluoride Chemicals 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 6998.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥2.02 Billion 23.72%
Common Stock CN¥1.19 Billion 13.97%
Other Comprehensive Income CN¥-11.18 Million -0.13%
Other Components CN¥5.32 Billion 62.45%
Total Equity CN¥8.52 Billion 100.00%

Do-Fluoride Chemicals Co Ltd Competitors by Market Cap

The table below lists competitors of Do-Fluoride Chemicals Co Ltd ranked by their market capitalization.

Company Market Cap
Commercial International Bank
OTCQX:CIBEY
 		$3.81 Billion
Regency Centers Corporation 6.25% Series A Cumulative Redeemable Preferred Stock
NASDAQ:REGCP
 		$3.81 Billion
Wingtech Technology Co Ltd
SHG:600745
 		$3.81 Billion
AAK AB
ST:AAK
 		$3.81 Billion
Morningstar Inc
NASDAQ:MORN
 		$3.80 Billion
Independence Realty Trust Inc
NYSE:IRT
 		$3.80 Billion
Hamilton Lane Inc
NASDAQ:HLNE
 		$3.80 Billion
New Hope Liuhe Co Ltd
SHE:000876
 		$3.80 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Do-Fluoride Chemicals Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 9,359,668,154 to 8,522,314,839, a change of -837,353,315 (-8.9%).
  • Net loss of 308,486,748 reduced equity.
  • Dividend payments of 501,907,339 reduced retained earnings.
  • Share repurchases of 120,644,459 reduced equity.
  • Other comprehensive income increased equity by 3,979,066.
  • Other factors increased equity by 89,706,165.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-308.49 Million -3.62%
Dividends Paid CN¥501.91 Million -5.89%
Share Repurchases CN¥120.64 Million -1.42%
Other Comprehensive Income CN¥3.98 Million +0.05%
Other Changes CN¥89.71 Million +1.05%
Total Change CN¥- -8.95%

Book Value vs Market Value Analysis

This analysis compares Do-Fluoride Chemicals 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: 3.99x
  • 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 79.57x to 3.99x 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¥0.36 CN¥28.66 x
2007-12-31 CN¥0.68 CN¥28.66 x
2008-12-31 CN¥0.72 CN¥28.66 x
2009-12-31 CN¥0.86 CN¥28.66 x
2010-12-31 CN¥2.78 CN¥28.66 x
2011-12-31 CN¥1.84 CN¥28.66 x
2012-12-31 CN¥2.64 CN¥28.66 x
2013-12-31 CN¥2.50 CN¥28.66 x
2014-12-31 CN¥1.94 CN¥28.66 x
2015-12-31 CN¥3.71 CN¥28.66 x
2016-12-31 CN¥4.15 CN¥28.66 x
2017-12-31 CN¥4.51 CN¥28.66 x
2018-12-31 CN¥5.26 CN¥28.66 x
2019-12-31 CN¥3.04 CN¥28.66 x
2020-12-31 CN¥4.25 CN¥28.66 x
2021-12-31 CN¥6.95 CN¥28.66 x
2022-12-31 CN¥6.05 CN¥28.66 x
2023-12-31 CN¥8.45 CN¥28.66 x
2024-12-31 CN¥7.18 CN¥28.66 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Do-Fluoride Chemicals 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): -3.62%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -3.76%
  • • Asset Turnover: 0.35x
  • • Equity Multiplier: 2.74x
  • Recent ROE (-3.62%) is below the historical average (9.97%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2006 28.30% 7.48% 1.28x 2.94x CN¥20.23 Million
2007 26.42% 8.68% 1.31x 2.33x CN¥40.35 Million
2008 24.24% 7.74% 1.15x 2.72x CN¥42.56 Million
2009 21.65% 10.08% 0.77x 2.78x CN¥41.90 Million
2010 3.45% 5.80% 0.49x 1.21x CN¥-90.21 Million
2011 5.59% 5.85% 0.59x 1.63x CN¥-63.30 Million
2012 2.87% 2.91% 0.60x 1.65x CN¥-104.29 Million
2013 1.12% 1.05% 0.57x 1.86x CN¥-129.60 Million
2014 0.29% 0.20% 0.68x 2.20x CN¥-139.46 Million
2015 1.89% 1.78% 0.57x 1.84x CN¥-168.36 Million
2016 18.31% 16.64% 0.55x 2.02x CN¥216.88 Million
2017 9.09% 6.81% 0.54x 2.49x CN¥-25.61 Million
2018 1.90% 1.67% 0.48x 2.35x CN¥-280.83 Million
2019 -14.09% -10.27% 0.44x 3.10x CN¥-702.00 Million
2020 1.65% 1.15% 0.44x 3.27x CN¥-246.39 Million
2021 24.81% 16.13% 0.66x 2.33x CN¥751.96 Million
2022 30.02% 15.76% 0.68x 2.81x CN¥1.30 Billion
2023 5.46% 4.28% 0.52x 2.44x CN¥-424.91 Million
2024 -3.62% -3.76% 0.35x 2.74x CN¥-1.16 Billion

Industry Comparison

This section compares Do-Fluoride Chemicals Co Ltd's net assets metrics with peer companies in the Chemicals industry.

Industry Context

  • Industry: Chemicals
  • Average net assets among peers: $2,626,916,213
  • Average return on equity (ROE) among peers: 12.41%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Do-Fluoride Chemicals Co Ltd (002407) CN¥10.86 Billion 28.30% 1.24x $3.81 Billion
North Huajin Chemical Industries Co Ltd (000059) $6.22 Billion 3.15% 2.45x $677.73 Million
Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) $1.22 Billion 8.90% 0.47x $2.89 Billion
Zangge Holding Co Ltd (000408) $13.85 Billion 18.63% 0.09x $11.87 Billion
Sichuan Jinlu Group Co Ltd (000510) $31.03 Million 11.65% 3.42x $1.15 Billion
Jilin Gpro Titanium Industry Co Ltd (000545) $258.76 Million 6.78% 0.30x $423.89 Million
Aoyuan Beauty Valley Technology Co Ltd (000615) $54.68 Million 39.27% 1.16x $225.85 Million
Ningxia Younglight Chemicals Co Ltd (000635) $184.46 Million 13.30% 2.58x $295.21 Million
Maoming Petro-Chemical Shihua Co Ltd (000637) $691.87 Million 1.61% 0.02x $187.22 Million
Shenyang Chemical Industry Co Ltd (000698) $3.01 Billion 7.14% 1.28x $240.44 Million
Hubei Shuanghuan Science and Technology Stock Co Ltd (000707) $759.12 Million 13.65% 0.22x $412.94 Million