Longxing Chemical Stock Co Ltd (002442) - Net Assets
Based on the latest financial reports, Longxing Chemical Stock Co Ltd (002442) has net assets worth CN¥1.85 Billion CNY (≈ $270.33 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¥4.62 Billion ≈ $676.42 Million USD) and total liabilities (CN¥2.78 Billion ≈ $406.09 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 002442 strategic asset allocation to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.85 Billion |
| % of Total Assets | 39.96% |
| Annual Growth Rate | 10.47% |
| 5-Year Change | 21.74% |
| 10-Year Change | 65.37% |
| Growth Volatility | 37.54 |
Longxing Chemical Stock Co Ltd - Net Assets Trend (2007–2025)
This chart illustrates how Longxing Chemical Stock Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see 002442 market cap.
Annual Net Assets for Longxing Chemical Stock Co Ltd (2007–2025)
The table below shows the annual net assets of Longxing Chemical Stock Co Ltd from 2007 to 2025. Also explore net asset momentum of Longxing Chemical Stock Co Ltd to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.83 Billion ≈ $268.43 Million |
-0.39% |
| 2024-12-31 | CN¥1.84 Billion ≈ $269.48 Million |
+6.97% |
| 2023-12-31 | CN¥1.72 Billion ≈ $251.93 Million |
+8.36% |
| 2022-12-31 | CN¥1.59 Billion ≈ $232.50 Million |
+5.44% |
| 2021-12-31 | CN¥1.51 Billion ≈ $220.50 Million |
+14.62% |
| 2020-12-31 | CN¥1.31 Billion ≈ $192.38 Million |
+6.26% |
| 2019-12-31 | CN¥1.24 Billion ≈ $181.04 Million |
-2.28% |
| 2018-12-31 | CN¥1.27 Billion ≈ $185.27 Million |
+11.70% |
| 2017-12-31 | CN¥1.13 Billion ≈ $165.87 Million |
+2.19% |
| 2016-12-31 | CN¥1.11 Billion ≈ $162.32 Million |
+5.22% |
| 2015-12-31 | CN¥1.05 Billion ≈ $154.27 Million |
-7.31% |
| 2014-12-31 | CN¥1.14 Billion ≈ $166.44 Million |
-0.21% |
| 2013-12-31 | CN¥1.14 Billion ≈ $166.80 Million |
-5.06% |
| 2012-12-31 | CN¥1.20 Billion ≈ $175.68 Million |
-1.83% |
| 2011-12-31 | CN¥1.22 Billion ≈ $178.95 Million |
+15.46% |
| 2010-12-31 | CN¥1.06 Billion ≈ $154.99 Million |
+166.16% |
| 2009-12-31 | CN¥397.95 Million ≈ $58.23 Million |
+18.37% |
| 2008-12-31 | CN¥336.18 Million ≈ $49.19 Million |
+10.03% |
| 2007-12-31 | CN¥305.52 Million ≈ $44.71 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Longxing Chemical Stock 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 401.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥727.66 Million | 39.68% |
| Other Components | CN¥1.11 Billion | 60.32% |
| Total Equity | CN¥1.83 Billion | 100.00% |
Longxing Chemical Stock Co Ltd Competitors by Market Cap
The table below lists competitors of Longxing Chemical Stock Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Altimmune Inc
NASDAQ:ALT
|
$413.26 Million |
|
PEPPER MONEY LTD.
F:X95
|
$413.28 Million |
|
Promotora de Informaciones SA
MC:PRS
|
$413.34 Million |
|
Beijing Bohui Science & Technology Co Ltd
SHG:688004
|
$413.34 Million |
|
SHELF DRILLING LTD
F:6SD
|
$413.20 Million |
|
Guangdong Provincial Expressway Development Co Ltd
SHE:200429
|
$413.14 Million |
|
Korea Petro Chemical Ind
KO:006650
|
$413.10 Million |
|
Suzhou Weizhixiang Food Co. Ltd.
SHG:605089
|
$412.96 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Longxing Chemical Stock Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,840,990,566 to 1,834,024,331, a change of -6,966,235 (-0.4%).
- Net income of 39,566,737 contributed positively to equity growth.
- Dividend payments of 99,995,721 reduced retained earnings.
- Other factors increased equity by 53,462,749.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥39.57 Million | +2.16% |
| Dividends Paid | CN¥100.00 Million | -5.45% |
| Other Changes | CN¥53.46 Million | +2.92% |
| Total Change | CN¥- | -0.38% |
Book Value vs Market Value Analysis
This analysis compares Longxing Chemical Stock 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: 1.54x
- 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 6.63x to 1.54x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | CN¥0.85 | CN¥5.61 | x |
| 2008-12-31 | CN¥0.91 | CN¥5.61 | x |
| 2009-12-31 | CN¥1.10 | CN¥5.61 | x |
| 2010-12-31 | CN¥2.43 | CN¥5.61 | x |
| 2011-12-31 | CN¥2.33 | CN¥5.61 | x |
| 2012-12-31 | CN¥2.34 | CN¥5.61 | x |
| 2013-12-31 | CN¥2.37 | CN¥5.61 | x |
| 2014-12-31 | CN¥2.37 | CN¥5.61 | x |
| 2015-12-31 | CN¥2.20 | CN¥5.61 | x |
| 2016-12-31 | CN¥2.26 | CN¥5.61 | x |
| 2017-12-31 | CN¥2.36 | CN¥5.61 | x |
| 2018-12-31 | CN¥2.64 | CN¥5.61 | x |
| 2019-12-31 | CN¥2.57 | CN¥5.61 | x |
| 2020-12-31 | CN¥2.74 | CN¥5.61 | x |
| 2021-12-31 | CN¥3.14 | CN¥5.61 | x |
| 2022-12-31 | CN¥3.30 | CN¥5.61 | x |
| 2023-12-31 | CN¥3.55 | CN¥5.61 | x |
| 2024-12-31 | CN¥3.28 | CN¥5.61 | x |
| 2025-12-31 | CN¥3.64 | CN¥5.61 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Longxing Chemical Stock 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): 2.16%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.92%
- • Asset Turnover: 1.01x
- • Equity Multiplier: 2.31x
- Recent ROE (2.16%) is below the historical average (7.19%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 34.00% | 16.57% | 0.84x | 2.45x | CN¥73.31 Million |
| 2008 | 9.12% | 3.43% | 0.96x | 2.76x | CN¥-2.96 Million |
| 2009 | 17.41% | 7.16% | 1.08x | 2.26x | CN¥29.47 Million |
| 2010 | 6.85% | 5.44% | 0.77x | 1.63x | CN¥-33.41 Million |
| 2011 | 10.71% | 5.98% | 0.93x | 1.93x | CN¥8.09 Million |
| 2012 | 3.92% | 2.27% | 0.74x | 2.34x | CN¥-68.20 Million |
| 2013 | 1.71% | 0.83% | 0.75x | 2.75x | CN¥-94.47 Million |
| 2014 | 1.32% | 0.62% | 0.77x | 2.78x | CN¥-98.74 Million |
| 2015 | -7.82% | -4.75% | 0.61x | 2.68x | CN¥-187.86 Million |
| 2016 | 2.85% | 1.67% | 0.71x | 2.41x | CN¥-77.50 Million |
| 2017 | 4.41% | 1.85% | 0.91x | 2.62x | CN¥-63.40 Million |
| 2018 | 10.48% | 4.30% | 1.06x | 2.30x | CN¥6.11 Million |
| 2019 | 1.55% | 0.69% | 1.05x | 2.15x | CN¥-104.50 Million |
| 2020 | 5.89% | 3.37% | 0.91x | 1.91x | CN¥-54.01 Million |
| 2021 | 11.39% | 4.99% | 1.23x | 1.86x | CN¥20.95 Million |
| 2022 | 6.53% | 2.27% | 1.35x | 2.13x | CN¥-55.20 Million |
| 2023 | 6.41% | 2.58% | 1.12x | 2.21x | CN¥-61.76 Million |
| 2024 | 7.72% | 3.26% | 0.99x | 2.40x | CN¥-42.01 Million |
| 2025 | 2.16% | 0.92% | 1.01x | 2.31x | CN¥-143.84 Million |
Industry Comparison
This section compares Longxing Chemical Stock 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 |
|---|---|---|---|---|
| Longxing Chemical Stock Co Ltd (002442) | CN¥1.85 Billion | 34.00% | 1.50x | $413.23 Million |
| 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 Longxing Chemical Stock Co Ltd
Longxing Technology Group Co., Ltd. engages in the research and development, production, and sale of carbon-based and silicon-based nanomaterials in China and internationally. It offers rubber carbon blacks, such as standard grades and semi-reinforcing, as well as customized products with low polycyclic aromatic hydrocarbons and high purity; plastics and MB grade products; and nano-grade carbon b… Read more