Sichuan Guoguang Agrochemical Co Ltd

SHE:002749 China Agricultural Inputs
Market Cap
$861.24 Million
CN¥6.32 Billion CNY
Market Cap Rank
#12300 Global
#3025 in China
Share Price
CN¥13.55
Change (1 day)
-1.74%
52-Week Range
CN¥13.16 - CN¥16.28
All Time High
CN¥18.30
About

Sichuan Guoguang Agrochemical Co., Ltd. engages in the research and development, manufacture, marketing, and distribution of agrochemical products and materials in China and internationally. The company offers plant growth regulators, water-soluble fertilizers, fungicides, insecticides, bio-pesticide, and herbicides. It also provides mepiquat chloride, forchlor fenuron, prohexadione-calcium, a-na… Read more

Sichuan Guoguang Agrochemical Co Ltd (002749) - Net Assets

Latest net assets as of September 2025: CN¥2.13 Billion CNY

Based on the latest financial reports, Sichuan Guoguang Agrochemical Co Ltd (002749) has net assets worth CN¥2.13 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¥2.45 Billion) and total liabilities (CN¥325.29 Million). 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¥2.13 Billion
% of Total Assets 86.74%
Annual Growth Rate 23.61%
5-Year Change 79.35%
10-Year Change 176.39%
Growth Volatility 28.64

Sichuan Guoguang Agrochemical Co Ltd - Net Assets Trend (2011–2024)

This chart illustrates how Sichuan Guoguang Agrochemical 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 Sichuan Guoguang Agrochemical Co Ltd (2011–2024)

The table below shows the annual net assets of Sichuan Guoguang Agrochemical Co Ltd from 2011 to 2024.

Year Net Assets Change
2024-12-31 CN¥2.30 Billion +17.34%
2023-12-31 CN¥1.96 Billion +19.07%
2022-12-31 CN¥1.65 Billion +16.17%
2021-12-31 CN¥1.42 Billion +10.50%
2020-12-31 CN¥1.28 Billion +14.95%
2019-12-31 CN¥1.12 Billion +17.58%
2018-12-31 CN¥948.32 Million +10.76%
2017-12-31 CN¥856.21 Million -4.43%
2016-12-31 CN¥895.91 Million +7.73%
2015-12-31 CN¥831.67 Million +101.40%
2014-12-31 CN¥412.93 Million +21.68%
2013-12-31 CN¥339.35 Million +29.86%
2012-12-31 CN¥261.31 Million +78.91%
2011-12-31 CN¥146.06 Million --

Equity Component Analysis

This analysis shows how different components contribute to Sichuan Guoguang Agrochemical 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 1276.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥1.00 Billion 47.61%
Common Stock CN¥468.28 Million 22.27%
Other Comprehensive Income CN¥2.89 Million 0.14%
Other Components CN¥630.43 Million 29.98%
Total Equity CN¥2.10 Billion 100.00%

Sichuan Guoguang Agrochemical Co Ltd Competitors by Market Cap

The table below lists competitors of Sichuan Guoguang Agrochemical Co Ltd ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,774,418,000 to 2,102,769,000, a change of 328,351,000 (18.5%).
  • Net income of 367,032,000 contributed positively to equity growth.
  • Dividend payments of 377,816,000 reduced retained earnings.
  • Share repurchases of 815,525 reduced equity.
  • Other comprehensive income decreased equity by 64,404,160.
  • Other factors increased equity by 404,354,685.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥367.03 Million +17.45%
Dividends Paid CN¥377.82 Million -17.97%
Share Repurchases CN¥815.52K -0.04%
Other Comprehensive Income CN¥-64.40 Million -3.06%
Other Changes CN¥404.35 Million +19.23%
Total Change CN¥- 18.50%

Book Value vs Market Value Analysis

This analysis compares Sichuan Guoguang Agrochemical 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: 2.97x
  • 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 31.57x to 2.97x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2011-12-31 CN¥0.43 CN¥13.55 x
2012-12-31 CN¥0.77 CN¥13.55 x
2013-12-31 CN¥0.99 CN¥13.55 x
2014-12-31 CN¥1.21 CN¥13.55 x
2015-12-31 CN¥2.05 CN¥13.55 x
2016-12-31 CN¥2.10 CN¥13.55 x
2017-12-31 CN¥2.01 CN¥13.55 x
2018-12-31 CN¥2.22 CN¥13.55 x
2019-12-31 CN¥2.61 CN¥13.55 x
2020-12-31 CN¥2.96 CN¥13.55 x
2021-12-31 CN¥3.28 CN¥13.55 x
2022-12-31 CN¥3.43 CN¥13.55 x
2023-12-31 CN¥4.11 CN¥13.55 x
2024-12-31 CN¥4.57 CN¥13.55 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Sichuan Guoguang Agrochemical 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): 17.45%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 18.48%
  • • Asset Turnover: 0.73x
  • • Equity Multiplier: 1.29x
  • Recent ROE (17.45%) is below the historical average (24.80%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2011 69.22% 23.80% 1.59x 1.83x CN¥86.49 Million
2012 44.11% 21.70% 1.44x 1.41x CN¥89.12 Million
2013 37.73% 21.25% 1.26x 1.41x CN¥94.10 Million
2014 29.93% 21.18% 1.18x 1.20x CN¥82.29 Million
2015 16.09% 22.12% 0.66x 1.09x CN¥50.65 Million
2016 15.54% 22.67% 0.62x 1.11x CN¥49.66 Million
2017 21.64% 25.13% 0.75x 1.15x CN¥99.68 Million
2018 24.74% 27.11% 0.77x 1.19x CN¥139.76 Million
2019 18.04% 19.83% 0.76x 1.20x CN¥89.63 Million
2020 13.41% 14.73% 0.66x 1.37x CN¥43.46 Million
2021 14.64% 15.18% 0.69x 1.40x CN¥65.39 Million
2022 7.68% 6.89% 0.73x 1.53x CN¥-34.35 Million
2023 17.02% 16.24% 0.70x 1.50x CN¥124.59 Million
2024 17.45% 18.48% 0.73x 1.29x CN¥156.76 Million

Industry Comparison

This section compares Sichuan Guoguang Agrochemical 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
Sichuan Guoguang Agrochemical Co Ltd (002749) CN¥2.13 Billion 69.22% 0.15x $335.09 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