Valiant Co Ltd (002643) - Net Assets

Latest as of March 2026: CN¥7.99 Billion CNY ≈ $1.17 Billion USD

Based on the latest financial reports, Valiant Co Ltd (002643) has net assets worth CN¥7.99 Billion CNY (≈ $1.17 Billion 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¥11.01 Billion ≈ $1.61 Billion USD) and total liabilities (CN¥3.02 Billion ≈ $441.64 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. Also explore Valiant Co Ltd total assets for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥7.99 Billion
% of Total Assets	72.59%
Annual Growth Rate	24.66%
5-Year Change	31.84%
10-Year Change	106.04%
Growth Volatility	64.06

Valiant Co Ltd - Net Assets Trend (2007–2025)

This chart illustrates how Valiant Co Ltd's net assets have evolved over time, based on quarterly financial data. Check 002643 tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Annual Net Assets for Valiant Co Ltd (2007–2025)

The table below shows the annual net assets of Valiant Co Ltd from 2007 to 2025. For live valuation and market cap data, see 002643 market cap.

Year	Net Assets	Change
2025-12-31	CN¥7.95 Billion ≈ $1.16 Billion	+2.27%
2024-12-31	CN¥7.77 Billion ≈ $1.14 Billion	+1.43%
2023-12-31	CN¥7.66 Billion ≈ $1.12 Billion	+12.94%
2022-12-31	CN¥6.78 Billion ≈ $992.80 Million	+12.53%
2021-12-31	CN¥6.03 Billion ≈ $882.24 Million	+10.20%
2020-12-31	CN¥5.47 Billion ≈ $800.60 Million	+9.12%
2019-12-31	CN¥5.01 Billion ≈ $733.67 Million	+8.82%
2018-12-31	CN¥4.61 Billion ≈ $674.18 Million	+13.19%
2017-12-31	CN¥4.07 Billion ≈ $595.62 Million	+5.51%
2016-12-31	CN¥3.86 Billion ≈ $564.50 Million	+48.41%
2015-12-31	CN¥2.60 Billion ≈ $380.36 Million	+86.75%
2014-12-31	CN¥1.39 Billion ≈ $203.67 Million	+3.54%
2013-12-31	CN¥1.34 Billion ≈ $196.71 Million	+8.02%
2012-12-31	CN¥1.24 Billion ≈ $182.10 Million	+3.36%
2011-12-31	CN¥1.20 Billion ≈ $176.19 Million	+280.31%
2010-12-31	CN¥316.59 Million ≈ $46.33 Million	+16.59%
2009-12-31	CN¥271.53 Million ≈ $39.73 Million	+11.20%
2008-12-31	CN¥244.18 Million ≈ $35.73 Million	+62.49%
2007-12-31	CN¥150.27 Million ≈ $21.99 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Valiant 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 4986.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥3.19 Billion	44.71%
Other Components	CN¥3.95 Billion	55.29%
Total Equity	CN¥7.14 Billion	100.00%

Valiant Co Ltd Competitors by Market Cap

The table below lists competitors of Valiant Co Ltd ranked by their market capitalization.

Company	Market Cap
China-Singapore Suzhou Industrial Park Development Group Co Ltd SHG:601512	$1.74 Billion
Vishay Intertechnology Inc NYSE:VSH	$1.74 Billion
Ourpalm SHE:300315	$1.74 Billion
Xinjiang Zhongtai Chemical Co Ltd SHE:002092	$1.74 Billion
Shandong Dawn Polymer Co Ltd SHE:002838	$1.74 Billion
Bursa Malaysia Bhd KLSE:1818	$1.74 Billion
Suzhou UIGreen Micro & Nano Technologies Co. Ltd. A SHG:688661	$1.74 Billion
Jiangxi Hongcheng Waterworks Co Ltd SHG:600461	$1.74 Billion

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 7,009,426,393 to 7,135,043,060, a change of 125,616,667 (1.8%).
Net income of 284,480,464 contributed positively to equity growth.
Dividend payments of 132,407,493 reduced retained earnings.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥284.48 Million	+3.99%
Dividends Paid	CN¥132.41 Million	-1.86%
Other Changes	CN¥-26.46 Million	-0.37%
Total Change	CN¥-	1.79%

Book Value vs Market Value Analysis

This analysis compares Valiant 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: 1.67x
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 44.09x to 1.67x 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¥0.29	CN¥12.88	x
2008-12-31	CN¥0.47	CN¥12.88	x
2009-12-31	CN¥0.52	CN¥12.88	x
2010-12-31	CN¥0.62	CN¥12.88	x
2011-12-31	CN¥2.32	CN¥12.88	x
2012-12-31	CN¥1.81	CN¥12.88	x
2013-12-31	CN¥1.93	CN¥12.88	x
2014-12-31	CN¥2.00	CN¥12.88	x
2015-12-31	CN¥3.14	CN¥12.88	x
2016-12-31	CN¥4.47	CN¥12.88	x
2017-12-31	CN¥4.43	CN¥12.88	x
2018-12-31	CN¥4.89	CN¥12.88	x
2019-12-31	CN¥5.33	CN¥12.88	x
2020-12-31	CN¥5.73	CN¥12.88	x
2021-12-31	CN¥6.18	CN¥12.88	x
2022-12-31	CN¥6.89	CN¥12.88	x
2023-12-31	CN¥7.70	CN¥12.88	x
2024-12-31	CN¥7.40	CN¥12.88	x
2025-12-31	CN¥7.73	CN¥12.88	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Valiant 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): 3.99%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 7.65%
• Asset Turnover: 0.35x
• Equity Multiplier: 1.51x
Recent ROE (3.99%) is below the historical average (15.00%), 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	57.51%	18.09%	1.14x	2.78x	CN¥71.39 Million
2008	38.34%	14.64%	1.32x	1.98x	CN¥69.21 Million
2009	23.35%	15.66%	0.71x	2.10x	CN¥36.25 Million
2010	31.52%	13.64%	1.06x	2.18x	CN¥68.14 Million
2011	9.99%	14.66%	0.52x	1.31x	CN¥-161.40K
2012	8.78%	13.84%	0.53x	1.20x	CN¥-15.20 Million
2013	9.33%	12.84%	0.62x	1.16x	CN¥-8.84 Million
2014	7.02%	9.03%	0.67x	1.16x	CN¥-41.04 Million
2015	9.95%	15.81%	0.54x	1.16x	CN¥-1.28 Million
2016	8.28%	17.25%	0.43x	1.12x	CN¥-66.31 Million
2017	9.48%	15.68%	0.54x	1.12x	CN¥-20.95 Million
2018	10.02%	16.89%	0.51x	1.15x	CN¥999.32K
2019	10.52%	17.65%	0.49x	1.23x	CN¥24.84 Million
2020	9.78%	17.30%	0.44x	1.29x	CN¥-11.61 Million
2021	11.16%	14.38%	0.55x	1.40x	CN¥65.29 Million
2022	11.47%	14.20%	0.55x	1.47x	CN¥92.67 Million
2023	10.91%	17.72%	0.42x	1.45x	CN¥63.77 Million
2024	3.51%	6.67%	0.35x	1.51x	CN¥-454.66 Million
2025	3.99%	7.65%	0.35x	1.51x	CN¥-429.02 Million

Industry Comparison

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

Industry Context

Industry: Chemicals
Average net assets among peers: $2,409,096,302
Average return on equity (ROE) among peers: 6.39%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Valiant Co Ltd (002643)	CN¥7.99 Billion	57.51%	0.38x	$1.74 Billion
North Huajin Chemical Industries Co Ltd (000059)	$7.39 Billion	0.27%	3.43x	$1.08 Billion
Sichuan Chemical Co Ltd (000155)	$-1.60 Billion	0.00%	0.00x	$3.32 Billion
Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301)	$2.69 Billion	5.91%	0.33x	$11.74 Billion
Zangge Holding Co Ltd (000408)	$7.91 Billion	3.90%	0.22x	$18.37 Billion
Sichuan Jinlu Group Co Ltd (000510)	$451.72 Million	16.44%	0.89x	$1.26 Billion
Jilin Gpro Titanium Industry Co Ltd (000545)	$1.88 Billion	-7.74%	0.64x	$366.79 Million
Aoyuan Beauty Valley Technology Co Ltd (000615)	$365.16 Million	13.94%	0.26x	$829.17 Million
Ningxia Younglight Chemicals Co Ltd (000635)	$2.67 Billion	1.91%	0.16x	$371.42 Million
Maoming Petro-Chemical Shihua Co Ltd (000637)	$132.67 Million	24.35%	1.07x	$286.80 Million
Inner Mongolia Yuan Xing Energy Co Ltd (000683)	$2.21 Billion	4.88%	1.07x	$3.32 Billion

About Valiant Co Ltd

SHE:002643 China Chemicals

Market Cap

$1.74 Billion

CN¥11.89 Billion CNY

Market Cap Rank

#6570 Global

#1317 in China

Share Price

CN¥12.88

Change (1 day)

+0.78%

52-Week Range

CN¥12.39 - CN¥21.82

All Time High

CN¥24.50