Valiant Co Ltd (002643) - Net Assets
Based on the latest financial reports, Valiant Co Ltd (002643) has net assets worth CN¥8.00 Billion CNY (≈ $1.17 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¥10.85 Billion ≈ $1.59 Billion USD) and total liabilities (CN¥2.85 Billion ≈ $417.34 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 financial resilience of Valiant Co Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥8.00 Billion |
| % of Total Assets | 73.72% |
| Annual Growth Rate | 26.12% |
| 5-Year Change | 42.06% |
| 10-Year Change | 199.01% |
| Growth Volatility | 65.46 |
Valiant Co Ltd - Net Assets Trend (2007–2024)
This chart illustrates how Valiant Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 002643 total assets for the complete picture of this company's asset base.
Annual Net Assets for Valiant Co Ltd (2007–2024)
The table below shows the annual net assets of Valiant Co Ltd from 2007 to 2024. For live valuation and market cap data, see market value of Valiant Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 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 |
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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 4680.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥3.00 Billion | 42.77% |
| Common Stock | CN¥930.11 Million | 13.27% |
| Other Components | CN¥3.08 Billion | 43.97% |
| Total Equity | CN¥7.01 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 |
|---|---|
|
Visual China Group Co Ltd
SHE:000681
|
$2.24 Billion |
|
Melexis NV
BR:MELE
|
$2.24 Billion |
|
JHT Design Co. Ltd. Cl A
SHG:603061
|
$2.24 Billion |
|
PACS Group, Inc.
NYSE:PACS
|
$2.24 Billion |
|
Gansu Qilianshan Cement Group Co Ltd
SHG:600720
|
$2.24 Billion |
|
Huaxia Eye Hospital Group Co. Ltd. A
SHE:301267
|
$2.24 Billion |
|
DXP Enterprises Inc
NASDAQ:DXPE
|
$2.23 Billion |
|
Calumet Specialty Products Partners
NASDAQ:CLMT
|
$2.23 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 2023 to 2024, total equity changed from 6,992,419,506 to 7,009,426,393, a change of 17,006,887 (0.2%).
- Net income of 246,278,008 contributed positively to equity growth.
- Dividend payments of 326,419,160 reduced retained earnings.
- Other factors increased equity by 97,148,039.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥246.28 Million | +3.51% |
| Dividends Paid | CN¥326.42 Million | -4.66% |
| Other Changes | CN¥97.15 Million | +1.39% |
| Total Change | CN¥- | 0.24% |
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: 2.24x
- 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 56.69x to 2.24x 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¥16.56 | x |
| 2008-12-31 | CN¥0.47 | CN¥16.56 | x |
| 2009-12-31 | CN¥0.52 | CN¥16.56 | x |
| 2010-12-31 | CN¥0.62 | CN¥16.56 | x |
| 2011-12-31 | CN¥2.32 | CN¥16.56 | x |
| 2012-12-31 | CN¥1.82 | CN¥16.56 | x |
| 2013-12-31 | CN¥1.93 | CN¥16.56 | x |
| 2014-12-31 | CN¥2.00 | CN¥16.56 | x |
| 2015-12-31 | CN¥3.14 | CN¥16.56 | x |
| 2016-12-31 | CN¥4.47 | CN¥16.56 | x |
| 2017-12-31 | CN¥4.43 | CN¥16.56 | x |
| 2018-12-31 | CN¥4.89 | CN¥16.56 | x |
| 2019-12-31 | CN¥5.30 | CN¥16.56 | x |
| 2020-12-31 | CN¥5.68 | CN¥16.56 | x |
| 2021-12-31 | CN¥6.17 | CN¥16.56 | x |
| 2022-12-31 | CN¥6.91 | CN¥16.56 | x |
| 2023-12-31 | CN¥7.70 | CN¥16.56 | x |
| 2024-12-31 | CN¥7.40 | CN¥16.56 | 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): 3.51%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.67%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 1.51x
- Recent ROE (3.51%) is below the historical average (15.61%), 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 |
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: $2,526,275,526
- Average return on equity (ROE) among peers: 14.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Valiant Co Ltd (002643) | CN¥8.00 Billion | 57.51% | 0.36x | $2.24 Billion |
| North Huajin Chemical Industries Co Ltd (000059) | $12.66 Billion | 14.57% | 1.45x | $1.33 Billion |
| Sichuan Chemical Co Ltd (000155) | $7.35 Billion | 4.73% | 1.50x | $4.71 Billion |
| Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) | $246.65 Million | 3.47% | 1.71x | $12.84 Billion |
| Zangge Holding Co Ltd (000408) | $477.67 Million | 1.53% | 1.45x | $20.51 Billion |
| Sichuan Jinlu Group Co Ltd (000510) | $1.17 Billion | 5.97% | 1.33x | $1.34 Billion |
| Jilin Gpro Titanium Industry Co Ltd (000545) | $313.50 Million | 0.80% | 0.55x | $436.10 Million |
| Aoyuan Beauty Valley Technology Co Ltd (000615) | $54.68 Million | 39.27% | 1.16x | $871.02 Million |
| Ningxia Younglight Chemicals Co Ltd (000635) | $2.67 Billion | 1.91% | 0.16x | $470.62 Million |
| Maoming Petro-Chemical Shihua Co Ltd (000637) | $220.98 Million | 19.06% | 0.40x | $366.68 Million |
| Inner Mongolia Yuan Xing Energy Co Ltd (000683) | $93.73 Million | 50.32% | 1.49x | $4.87 Billion |
About Valiant Co Ltd
Valiant Co.,Ltd. research, develops, produces and sells chemical materials worldwide. The company provides LCD, OLED, cyclohexane materials, photoresist monomer, PAG, polymers, specialty chemicals, and polyimide monomer; and environmental protection materials, including automobile exhausts purification materials, flue gas denitrification, VOCs adsorption, methanol to olefin, petroleum cracking ma… Read more