Limin Chemical Co Ltd
Limin Group Co.,Ltd. engages in the research and development, production, and sale of fungicides, insecticides, herbicides, and biopesticides in China. The company offers various pesticides, including mancozeb, cymoxanil, fosetyl-aluminum, propineb, pyrimethanil, difenoconazole, m-phenylenediamine, chlorothalonil, thiacloprid, metiram, famoxadone, azoxystrobin, cyprodinil, folpet, captan, etc.; a… Read more
Limin Chemical Co Ltd (002734) - Net Assets
Latest net assets as of September 2025: CN¥3.69 Billion CNY
Based on the latest financial reports, Limin Chemical Co Ltd (002734) has net assets worth CN¥3.69 Billion CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥6.76 Billion) and total liabilities (CN¥3.06 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.69 Billion |
| % of Total Assets | 54.66% |
| Annual Growth Rate | 21.28% |
| 5-Year Change | 7.13% |
| 10-Year Change | 248.65% |
| Growth Volatility | 32.88 |
Limin Chemical Co Ltd - Net Assets Trend (2008–2024)
This chart illustrates how Limin Chemical Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Limin Chemical Co Ltd (2008–2024)
The table below shows the annual net assets of Limin Chemical Co Ltd from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.70 Billion | -4.25% |
| 2023-12-31 | CN¥2.82 Billion | -0.88% |
| 2022-12-31 | CN¥2.84 Billion | -1.35% |
| 2021-12-31 | CN¥2.88 Billion | +14.42% |
| 2020-12-31 | CN¥2.52 Billion | +9.62% |
| 2019-12-31 | CN¥2.30 Billion | +22.30% |
| 2018-12-31 | CN¥1.88 Billion | +8.50% |
| 2017-12-31 | CN¥1.73 Billion | +8.77% |
| 2016-12-31 | CN¥1.59 Billion | +105.69% |
| 2015-12-31 | CN¥773.13 Million | +52.27% |
| 2014-12-31 | CN¥507.74 Million | +13.32% |
| 2013-12-31 | CN¥448.08 Million | +4.38% |
| 2012-12-31 | CN¥429.27 Million | +14.47% |
| 2011-12-31 | CN¥375.02 Million | +12.04% |
| 2010-12-31 | CN¥334.73 Million | +34.43% |
| 2009-12-31 | CN¥249.00 Million | +102.47% |
| 2008-12-31 | CN¥122.98 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Limin Chemical 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 1929.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.21 Billion | 45.63% |
| Common Stock | CN¥366.87 Million | 13.88% |
| Other Components | CN¥1.07 Billion | 40.49% |
| Total Equity | CN¥2.64 Billion | 100.00% |
Limin Chemical Co Ltd Competitors by Market Cap
The table below lists competitors of Limin Chemical Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Longwell Co
TWO:6290
|
$906.71 Million |
|
Natco Pharma Limited
NSE:NATCOPHARM
|
$906.95 Million |
|
Zhejiang DunAn Artificial Environment Co Ltd
SHE:002011
|
$907.14 Million |
|
Jiangsu Changbao Steeltube Co Ltd
SHE:002478
|
$907.31 Million |
|
Hanwa Co., Ltd.
PINK:HNWAF
|
$906.63 Million |
|
YFY Inc
TW:1907
|
$906.16 Million |
|
Arcadyan Technology Corp
TW:3596
|
$906.04 Million |
|
Krungthai Card PCL
BK:KTC
|
$905.79 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Limin Chemical Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,773,342,821 to 2,642,805,549, a change of -130,537,272 (-4.7%).
- Net income of 81,357,612 contributed positively to equity growth.
- Dividend payments of 159,162,760 reduced retained earnings.
- Share repurchases of 100,001,505 reduced equity.
- Other factors increased equity by 47,269,381.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥81.36 Million | +3.08% |
| Dividends Paid | CN¥159.16 Million | -6.02% |
| Share Repurchases | CN¥100.00 Million | -3.78% |
| Other Changes | CN¥47.27 Million | +1.79% |
| Total Change | CN¥- | -4.71% |
Book Value vs Market Value Analysis
This analysis compares Limin Chemical 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: 3.05x
- 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 28.51x to 3.05x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | CN¥0.76 | CN¥21.77 | x |
| 2009-12-31 | CN¥1.56 | CN¥21.77 | x |
| 2010-12-31 | CN¥1.54 | CN¥21.77 | x |
| 2011-12-31 | CN¥1.73 | CN¥21.77 | x |
| 2012-12-31 | CN¥1.98 | CN¥21.77 | x |
| 2013-12-31 | CN¥2.07 | CN¥21.77 | x |
| 2014-12-31 | CN¥2.37 | CN¥21.77 | x |
| 2015-12-31 | CN¥2.74 | CN¥21.77 | x |
| 2016-12-31 | CN¥5.28 | CN¥21.77 | x |
| 2017-12-31 | CN¥4.59 | CN¥21.77 | x |
| 2018-12-31 | CN¥5.02 | CN¥21.77 | x |
| 2019-12-31 | CN¥5.73 | CN¥21.77 | x |
| 2020-12-31 | CN¥6.44 | CN¥21.77 | x |
| 2021-12-31 | CN¥7.25 | CN¥21.77 | x |
| 2022-12-31 | CN¥7.51 | CN¥21.77 | x |
| 2023-12-31 | CN¥7.60 | CN¥21.77 | x |
| 2024-12-31 | CN¥7.15 | CN¥21.77 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Limin Chemical 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): 3.08%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.92%
- • Asset Turnover: 0.64x
- • Equity Multiplier: 2.52x
- Recent ROE (3.08%) is below the historical average (13.82%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 37.83% | 9.36% | 1.35x | 2.99x | CN¥33.66 Million |
| 2009 | 24.30% | 12.74% | 1.13x | 1.69x | CN¥35.35 Million |
| 2010 | 27.60% | 17.71% | 0.98x | 1.59x | CN¥58.53 Million |
| 2011 | 17.31% | 11.24% | 0.92x | 1.68x | CN¥27.33 Million |
| 2012 | 14.75% | 10.33% | 0.84x | 1.70x | CN¥20.31 Million |
| 2013 | 11.75% | 7.87% | 0.85x | 1.75x | CN¥7.80 Million |
| 2014 | 9.56% | 6.38% | 0.81x | 1.84x | CN¥-2.21 Million |
| 2015 | 8.75% | 8.08% | 0.72x | 1.49x | CN¥-9.65 Million |
| 2016 | 7.12% | 9.74% | 0.56x | 1.31x | CN¥-45.78 Million |
| 2017 | 8.21% | 9.65% | 0.60x | 1.43x | CN¥-29.89 Million |
| 2018 | 11.35% | 13.57% | 0.56x | 1.51x | CN¥24.46 Million |
| 2019 | 15.54% | 11.36% | 0.59x | 2.30x | CN¥114.80 Million |
| 2020 | 16.30% | 8.80% | 0.85x | 2.19x | CN¥149.19 Million |
| 2021 | 11.36% | 6.48% | 0.69x | 2.55x | CN¥36.78 Million |
| 2022 | 7.83% | 4.37% | 0.71x | 2.52x | CN¥-60.80 Million |
| 2023 | 2.24% | 1.47% | 0.62x | 2.46x | CN¥-215.28 Million |
| 2024 | 3.08% | 1.92% | 0.64x | 2.52x | CN¥-182.92 Million |
Industry Comparison
This section compares Limin Chemical Co Ltd's net assets metrics with peer companies in the Agricultural Inputs industry.
Industry Context
- Industry: Agricultural Inputs
- Average net assets among peers: $2,335,915,949
- Average return on equity (ROE) among peers: 13.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Limin Chemical Co Ltd (002734) | CN¥3.69 Billion | 37.83% | 0.83x | $906.65 Million |
| Nanjing Red Sun Co Ltd (000525) | $147.47 Million | 1.90% | 0.79x | $845.94 Million |
| ADAMA Ltd (000553) | $924.52 Million | 2.09% | 0.75x | $429.88 Million |
| Grand Industrial Holding Co Ltd (000626) | $2.61 Billion | -11.54% | 1.98x | $221.00 Million |
| Sichuan Meifeng Chemical Industry Co Ltd (000731) | $1.01 Billion | 18.17% | 0.44x | $482.18 Million |
| Qinghai Salt Lake Industry Co.Ltd (000792) | $5.06 Billion | 26.77% | 0.59x | $16.27 Billion |
| Asia Potash International Investment Guangzhou Co Ltd (000893) | $11.63 Billion | 17.45% | 0.10x | $4.53 Billion |
| Hubei Xinyangfeng Fertilizer Co Ltd (000902) | $409.30 Million | 0.72% | 1.97x | $1.47 Billion |
| Sichuan Lutianhua Co Ltd (000912) | $218.75 Million | 71.83% | 0.84x | $897.13 Million |
| Guangxi Hechi Chemical Co Ltd (000953) | $398.71 Million | 5.82% | 1.87x | $221.44 Million |
| Norsyn Crop Technology Co. Ltd. A (001231) | $952.88 Million | 5.49% | 0.42x | $95.20 Million |