Rongsheng Petrochemical Co Ltd Net Assets
Rongsheng Petrochemical Co Ltd net assets. Based on the latest financial reports, Rongsheng Petrochemical Co Ltd (002493) has net assets worth CN¥104.47 Billion CNY (≈ $15.29 Billion USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥402.82 Billion ≈ $58.95 Billion USD) and total liabilities (CN¥298.36 Billion ≈ $43.66 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. Also explore Rongsheng Petrochemical Co Ltd (002493) equity growth momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥104.47 Billion |
| % of Total Assets | 25.93% |
| Annual Growth Rate | 27.03% |
| 5-Year Change | 0.98% |
| 10-Year Change | 445.53% |
| Growth Volatility | 38.83 |
Net Assets of Rongsheng Petrochemical Co Ltd (2007–2025)
Net assets of Rongsheng Petrochemical Co Ltd from 2007 to 2025. This chart illustrates how Rongsheng Petrochemical Co Ltd's net assets have evolved over time, based on quarterly financial data. See Rongsheng Petrochemical Co Ltd balance sheet independence to measure how much of total assets are equity-financed.
Annual Net Assets for Rongsheng Petrochemical Co Ltd (2007–2025)
The table below shows the annual net assets of Rongsheng Petrochemical Co Ltd from 2007 to 2025. For live market cap and overall valuation, see 002493 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥96.99 Billion ≈ $14.19 Billion |
+2.29% |
| 2024-12-31 | CN¥94.82 Billion ≈ $13.88 Billion |
+0.16% |
| 2023-12-31 | CN¥94.67 Billion ≈ $13.85 Billion |
-2.57% |
| 2022-12-31 | CN¥97.17 Billion ≈ $14.22 Billion |
+1.17% |
| 2021-12-31 | CN¥96.05 Billion ≈ $14.05 Billion |
+37.48% |
| 2020-12-31 | CN¥69.86 Billion ≈ $10.22 Billion |
+68.06% |
| 2019-12-31 | CN¥41.57 Billion ≈ $6.08 Billion |
+16.18% |
| 2018-12-31 | CN¥35.78 Billion ≈ $5.24 Billion |
+38.23% |
| 2017-12-31 | CN¥25.88 Billion ≈ $3.79 Billion |
+45.59% |
| 2016-12-31 | CN¥17.78 Billion ≈ $2.60 Billion |
+38.01% |
| 2015-12-31 | CN¥12.88 Billion ≈ $1.89 Billion |
+48.07% |
| 2014-12-31 | CN¥8.70 Billion ≈ $1.27 Billion |
-7.65% |
| 2013-12-31 | CN¥9.42 Billion ≈ $1.38 Billion |
+5.19% |
| 2012-12-31 | CN¥8.96 Billion ≈ $1.31 Billion |
+1.51% |
| 2011-12-31 | CN¥8.82 Billion ≈ $1.29 Billion |
+21.90% |
| 2010-12-31 | CN¥7.24 Billion ≈ $1.06 Billion |
+162.45% |
| 2009-12-31 | CN¥2.76 Billion ≈ $403.55 Million |
+57.61% |
| 2008-12-31 | CN¥1.75 Billion ≈ $256.04 Million |
+33.93% |
| 2007-12-31 | CN¥1.31 Billion ≈ $191.17 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Rongsheng Petrochemical 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 10411.8% over the analyzed period, indicating profitable operations and earnings retention.
Rongsheng Petrochemical Co Ltd Net Assets Breakdown (December 2025)
Rongsheng Petrochemical Co Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥28.22 Billion | 64.74% |
| Other Components | CN¥15.37 Billion | 35.26% |
| Total Equity | CN¥43.59 Billion | 100.00% |
Rongsheng Petrochemical Co Ltd Competitors by Market Cap
The table below lists competitors of Rongsheng Petrochemical Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Magna International Inc
TO:MG
|
$17.51 Billion |
|
Bank of Beijing Co Ltd
SHG:601169
|
$17.51 Billion |
|
Adani Energy Solutions Limited
NSE:ADANIENSOL
|
$17.53 Billion |
|
Banco Santander (Brasil) S.A.
SA:SANB11
|
$17.55 Billion |
|
Naver Corporation
KO:035420
|
$17.45 Billion |
|
KON. KPN NV ADR/1 O.N.
F:KPNB
|
$17.44 Billion |
|
Industrias Peñoles S.A.B. de C.V
MX:PE&OLES
|
$17.44 Billion |
|
Santander Bank Polska S.A.
WAR:SPL
|
$17.44 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Rongsheng Petrochemical Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 43,859,172,000 to 43,593,522,954, a change of -265,649,046 (-0.6%).
- Net income of 848,314,275 contributed positively to equity growth.
- Dividend payments of 8,380,943,835 reduced retained earnings.
- Other comprehensive income decreased equity by 1,610,533,000.
- Other factors increased equity by 8,877,513,514.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥848.31 Million | +1.95% |
| Dividends Paid | CN¥8.38 Billion | -19.23% |
| Other Comprehensive Income | CN¥-1.61 Billion | -3.69% |
| Other Changes | CN¥8.88 Billion | +20.36% |
| Total Change | CN¥- | -0.61% |
Book Value vs Market Value Analysis
This analysis compares Rongsheng Petrochemical 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: 2.74x
- 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 91.66x to 2.74x 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¥0.13 | CN¥11.95 | x |
| 2008-12-31 | CN¥0.13 | CN¥11.95 | x |
| 2009-12-31 | CN¥0.25 | CN¥11.95 | x |
| 2010-12-31 | CN¥0.87 | CN¥11.95 | x |
| 2011-12-31 | CN¥0.95 | CN¥11.95 | x |
| 2012-12-31 | CN¥0.92 | CN¥11.95 | x |
| 2013-12-31 | CN¥0.95 | CN¥11.95 | x |
| 2014-12-31 | CN¥0.90 | CN¥11.95 | x |
| 2015-12-31 | CN¥1.46 | CN¥11.95 | x |
| 2016-12-31 | CN¥1.64 | CN¥11.95 | x |
| 2017-12-31 | CN¥1.66 | CN¥11.95 | x |
| 2018-12-31 | CN¥2.34 | CN¥11.95 | x |
| 2019-12-31 | CN¥2.39 | CN¥11.95 | x |
| 2020-12-31 | CN¥3.65 | CN¥11.95 | x |
| 2021-12-31 | CN¥4.86 | CN¥11.95 | x |
| 2022-12-31 | CN¥4.72 | CN¥11.95 | x |
| 2023-12-31 | CN¥4.59 | CN¥11.95 | x |
| 2024-12-31 | CN¥4.58 | CN¥11.95 | x |
| 2025-12-31 | CN¥4.36 | CN¥11.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Rongsheng Petrochemical 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): 1.95%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.27%
- • Asset Turnover: 0.80x
- • Equity Multiplier: 8.87x
- Recent ROE (1.95%) is below the historical average (12.93%), 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 | 30.68% | 4.63% | 1.00x | 6.62x | CN¥182.86 Million |
| 2008 | 10.17% | 1.49% | 0.69x | 9.94x | CN¥1.53 Million |
| 2009 | 46.24% | 7.69% | 1.14x | 5.29x | CN¥613.37 Million |
| 2010 | 25.86% | 9.73% | 1.25x | 2.13x | CN¥942.39 Million |
| 2011 | 22.79% | 6.79% | 1.36x | 2.47x | CN¥909.22 Million |
| 2012 | 3.70% | 1.06% | 1.01x | 3.48x | CN¥-428.69 Million |
| 2013 | 3.27% | 0.78% | 1.03x | 4.03x | CN¥-472.97 Million |
| 2014 | -5.29% | -1.09% | 1.04x | 4.67x | CN¥-1.00 Billion |
| 2015 | 3.26% | 1.23% | 0.77x | 3.47x | CN¥-728.83 Million |
| 2016 | 13.52% | 4.22% | 1.04x | 3.09x | CN¥500.53 Million |
| 2017 | 14.05% | 2.80% | 1.14x | 4.39x | CN¥581.09 Million |
| 2018 | 7.68% | 1.76% | 0.75x | 5.80x | CN¥-485.62 Million |
| 2019 | 9.78% | 2.68% | 0.45x | 8.10x | CN¥-48.58 Million |
| 2020 | 19.77% | 6.81% | 0.44x | 6.54x | CN¥3.61 Billion |
| 2021 | 26.87% | 7.23% | 0.54x | 6.87x | CN¥8.31 Billion |
| 2022 | 7.07% | 1.16% | 0.80x | 7.67x | CN¥-1.39 Billion |
| 2023 | 2.61% | 0.36% | 0.87x | 8.46x | CN¥-3.28 Billion |
| 2024 | 1.65% | 0.22% | 0.86x | 8.61x | CN¥-3.66 Billion |
| 2025 | 1.95% | 0.27% | 0.80x | 8.87x | CN¥-3.51 Billion |
Industry Comparison
This section compares Rongsheng Petrochemical Co Ltd's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $2,061,424,853
- Average return on equity (ROE) among peers: -123.54%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Rongsheng Petrochemical Co Ltd (002493) | CN¥104.47 Billion | 30.68% | 2.86x | $17.47 Billion |
| North Huajin Chemical Industries Co Ltd (000059) | $119.72 Million | 132.73% | 0.66x | $1.02 Billion |
| Sichuan Chemical Co Ltd (000155) | $1.70 Billion | -12.30% | 0.98x | $2.37 Billion |
| Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) | $1.37 Billion | 2.21% | 1.55x | $10.24 Billion |
| Zangge Holding Co Ltd (000408) | $193.59 Million | 324.78% | 1.98x | $15.64 Billion |
| Sichuan Jinlu Group Co Ltd (000510) | $955.61 Million | 10.48% | 0.55x | $882.59 Million |
| Jilin Gpro Titanium Industry Co Ltd (000545) | $2.14 Million | -1671.46% | 160.51x | $287.37 Million |
| Aoyuan Beauty Valley Technology Co Ltd (000615) | $579.06 Million | -28.45% | 0.81x | $748.08 Million |
| Ningxia Younglight Chemicals Co Ltd (000635) | $2.77 Billion | 1.89% | 0.12x | $414.68 Million |
| Maoming Petro-Chemical Shihua Co Ltd (000637) | $821.10 Million | 4.19% | 0.15x | $274.63 Million |
| Inner Mongolia Yuan Xing Energy Co Ltd (000683) | $12.10 Billion | 0.56% | 0.92x | $3.08 Billion |
About Rongsheng Petrochemical Co Ltd
Rongsheng Petrochemical Co., Ltd. engages in the research, development, production, and sale of chemical, oil, and polyester products in China. It also provides polyolefins, aromatics, chemical and oil products, etc., which are widely used in covering new energy; new materials; organic chemicals; synthetic fibers, resins, and rubber; oil products, and other fields. The company was founded in 1995… Read more