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

Latest as of September 2025: CN¥10.86 Billion CNY ≈ $1.59 Billion USD

Based on the latest financial reports, Do-Fluoride Chemicals Co Ltd (002407) has net assets worth CN¥10.86 Billion CNY (≈ $1.59 Billion 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¥24.34 Billion ≈ $3.56 Billion USD) and total liabilities (CN¥13.48 Billion ≈ $1.97 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 Do-Fluoride Chemicals Co Ltd (002407) liquid assets ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore 002407 total asset value for the complete picture of this company's asset base.

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. For live valuation and market cap data, see Do-Fluoride Chemicals Co Ltd stock valuation.

Year	Net Assets	Change
2024-12-31	CN¥11.03 Billion ≈ $1.61 Billion	-6.25%
2023-12-31	CN¥11.77 Billion ≈ $1.72 Billion	+47.21%
2022-12-31	CN¥7.99 Billion ≈ $1.17 Billion	+37.35%
2021-12-31	CN¥5.82 Billion ≈ $851.55 Million	+65.09%
2020-12-31	CN¥3.53 Billion ≈ $515.82 Million	+1.68%
2019-12-31	CN¥3.47 Billion ≈ $507.28 Million	-13.73%
2018-12-31	CN¥4.02 Billion ≈ $588.04 Million	+25.65%
2017-12-31	CN¥3.20 Billion ≈ $468.01 Million	+11.14%
2016-12-31	CN¥2.88 Billion ≈ $421.09 Million	+22.44%
2015-12-31	CN¥2.35 Billion ≈ $343.91 Million	+41.97%
2014-12-31	CN¥1.66 Billion ≈ $242.24 Million	+1.15%
2013-12-31	CN¥1.64 Billion ≈ $239.48 Million	+0.53%
2012-12-31	CN¥1.63 Billion ≈ $238.22 Million	+5.08%
2011-12-31	CN¥1.55 Billion ≈ $226.70 Million	+8.70%
2010-12-31	CN¥1.43 Billion ≈ $208.54 Million	+278.54%
2009-12-31	CN¥376.49 Million ≈ $55.09 Million	+20.06%
2008-12-31	CN¥313.58 Million ≈ $45.89 Million	+21.91%
2007-12-31	CN¥257.22 Million ≈ $37.64 Million	+116.74%
2006-12-31	CN¥118.67 Million ≈ $17.37 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
Pharmaron Beijing Co Ltd SHE:300759	$6.33 Billion
Rayonier Inc NYSE:RYN	$6.33 Billion
Archrock Inc NYSE:AROC	$6.33 Billion
Guangzhou Great Power Energy&Technology Co Ltd SHE:300438	$6.34 Billion
Kymera Therapeutics Inc NASDAQ:KYMR	$6.32 Billion
The Swatch Group AG F:UHRA	$6.32 Billion
Coromandel International Limited NSE:COROMANDEL	$6.32 Billion
Figure Technology Solutions, Inc. Class A Common Stock NASDAQ:FIGR	$6.31 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: 5.06x
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 100.81x to 5.06x 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¥36.31	x
2007-12-31	CN¥0.68	CN¥36.31	x
2008-12-31	CN¥0.72	CN¥36.31	x
2009-12-31	CN¥0.86	CN¥36.31	x
2010-12-31	CN¥2.78	CN¥36.31	x
2011-12-31	CN¥1.84	CN¥36.31	x
2012-12-31	CN¥2.64	CN¥36.31	x
2013-12-31	CN¥2.50	CN¥36.31	x
2014-12-31	CN¥1.94	CN¥36.31	x
2015-12-31	CN¥3.71	CN¥36.31	x
2016-12-31	CN¥4.15	CN¥36.31	x
2017-12-31	CN¥4.51	CN¥36.31	x
2018-12-31	CN¥5.26	CN¥36.31	x
2019-12-31	CN¥3.04	CN¥36.31	x
2020-12-31	CN¥4.25	CN¥36.31	x
2021-12-31	CN¥6.95	CN¥36.31	x
2022-12-31	CN¥6.05	CN¥36.31	x
2023-12-31	CN¥8.45	CN¥36.31	x
2024-12-31	CN¥7.18	CN¥36.31	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: $1,178,306,039
Average return on equity (ROE) among peers: 10.00%

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	$6.33 Billion
North Huajin Chemical Industries Co Ltd (000059)	$1.81 Billion	5.56%	1.48x	$1.33 Billion
Sichuan Chemical Co Ltd (000155)	$505.75 Million	22.40%	1.18x	$4.71 Billion
Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301)	$2.48 Billion	3.69%	0.56x	$12.84 Billion
Zangge Holding Co Ltd (000408)	$54.34 Million	16.98%	1.99x	$20.51 Billion
Sichuan Jinlu Group Co Ltd (000510)	$610.23 Million	-19.65%	0.75x	$1.34 Billion
Jilin Gpro Titanium Industry Co Ltd (000545)	$2.00 Billion	8.28%	0.37x	$436.10 Million
Aoyuan Beauty Valley Technology Co Ltd (000615)	$176.24 Million	15.53%	0.23x	$871.02 Million
Ningxia Younglight Chemicals Co Ltd (000635)	$768.33 Million	5.42%	4.18x	$470.62 Million
Maoming Petro-Chemical Shihua Co Ltd (000637)	$423.45 Million	10.96%	0.24x	$366.68 Million
Inner Mongolia Yuan Xing Energy Co Ltd (000683)	$2.95 Billion	30.81%	1.19x	$4.87 Billion

About Do-Fluoride Chemicals Co Ltd

SHE:002407 China Chemicals

Market Cap

$6.33 Billion

CN¥43.22 Billion CNY

Market Cap Rank

#3065 Global

#426 in China

Share Price

CN¥36.31

Change (1 day)

+1.23%

52-Week Range

CN¥11.26 - CN¥40.65

All Time High

CN¥134.60