Guangzhou Jointas Chemical Joint Stock Co Ltd Net Assets
Guangzhou Jointas Chemical Joint Stock Co Ltd net assets. Based on the latest financial reports, Guangzhou Jointas Chemical Joint Stock Co Ltd (002909) has net assets worth CN¥856.73 Million CNY (≈ $125.37 Million 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¥2.37 Billion ≈ $346.62 Million USD) and total liabilities (CN¥1.51 Billion ≈ $221.25 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 Guangzhou Jointas Chemical Joint Stock C annual equity growth to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥856.73 Million |
| % of Total Assets | 36.17% |
| Annual Growth Rate | 14.7% |
| 5-Year Change | 2.06% |
| 10-Year Change | 247.09% |
| Growth Volatility | 30.58 |
Net Assets of Guangzhou Jointas Chemical Joint Stock Co Ltd (2012–2025)
Net assets of Guangzhou Jointas Chemical Joint Stock Co Ltd from 2012 to 2025. This chart illustrates how Guangzhou Jointas Chemical Joint Stock Co Ltd's net assets have evolved over time, based on quarterly financial data. See 002909 net asset quality score to measure how much of total assets are equity-financed.
Annual Net Assets for Guangzhou Jointas Chemical Joint Stock Co Ltd (2012–2025)
The table below shows the annual net assets of Guangzhou Jointas Chemical Joint Stock Co Ltd from 2012 to 2025. For live market cap and overall valuation, see Guangzhou Jointas Chemical Joint Stock C market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥862.14 Million ≈ $126.16 Million |
-9.03% |
| 2024-12-31 | CN¥947.76 Million ≈ $138.69 Million |
+11.21% |
| 2023-12-31 | CN¥852.23 Million ≈ $124.71 Million |
-0.28% |
| 2022-12-31 | CN¥854.62 Million ≈ $125.06 Million |
+1.17% |
| 2021-12-31 | CN¥844.72 Million ≈ $123.61 Million |
-2.82% |
| 2020-12-31 | CN¥869.27 Million ≈ $127.20 Million |
+64.84% |
| 2019-12-31 | CN¥527.33 Million ≈ $77.17 Million |
+14.35% |
| 2018-12-31 | CN¥461.15 Million ≈ $67.48 Million |
-4.87% |
| 2017-12-31 | CN¥484.77 Million ≈ $70.94 Million |
+95.16% |
| 2016-12-31 | CN¥248.39 Million ≈ $36.35 Million |
+2.80% |
| 2015-12-31 | CN¥241.62 Million ≈ $35.36 Million |
+26.66% |
| 2014-12-31 | CN¥190.77 Million ≈ $27.91 Million |
+43.42% |
| 2013-12-31 | CN¥133.01 Million ≈ $19.46 Million |
-8.25% |
| 2012-12-31 | CN¥144.97 Million ≈ $21.21 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Guangzhou Jointas Chemical Joint Stock 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 231.9% over the analyzed period, indicating profitable operations and earnings retention.
Guangzhou Jointas Chemical Joint Stock Co Ltd Net Assets Breakdown (December 2025)
Guangzhou Jointas Chemical Joint Stock Co Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥112.04 Million | 12.98% |
| Other Components | CN¥750.84 Million | 87.02% |
| Total Equity | CN¥862.88 Million | 100.00% |
Guangzhou Jointas Chemical Joint Stock Co Ltd Competitors by Market Cap
The table below lists competitors of Guangzhou Jointas Chemical Joint Stock Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cabral Gold Inc
V:CBR
|
$313.02 Million |
|
Websol Energy System Limited
NSE:WEBELSOLAR
|
$313.03 Million |
|
Deceuninck
BR:DECB
|
$313.07 Million |
|
Hai An Transport and Stevedoring JSC
VN:HAH
|
$313.09 Million |
|
Flat Capital AB Series B
ST:FLAT-B
|
$312.68 Million |
|
ADD Industry Zhejiang Co Ltd
SHG:603089
|
$312.61 Million |
|
Blue Moon Metals Inc
NASDAQ:BMM
|
$312.49 Million |
|
Agenus Inc
NASDAQ:AGEN
|
$312.44 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Guangzhou Jointas Chemical Joint Stock Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 947,759,072 to 862,881,278, a change of -84,877,794 (-9.0%).
- Net loss of 27,729,350 reduced equity.
- Dividend payments of 62,859,211 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-27.73 Million | -3.21% |
| Dividends Paid | CN¥62.86 Million | -7.28% |
| Other Changes | CN¥5.71 Million | +0.66% |
| Total Change | CN¥- | -8.96% |
Book Value vs Market Value Analysis
This analysis compares Guangzhou Jointas Chemical Joint Stock 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: 2.48x
- 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 9.40x to 2.48x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | CN¥0.58 | CN¥5.48 | x |
| 2013-12-31 | CN¥0.53 | CN¥5.48 | x |
| 2014-12-31 | CN¥0.77 | CN¥5.48 | x |
| 2015-12-31 | CN¥0.97 | CN¥5.48 | x |
| 2016-12-31 | CN¥1.00 | CN¥5.48 | x |
| 2017-12-31 | CN¥1.86 | CN¥5.48 | x |
| 2018-12-31 | CN¥1.38 | CN¥5.48 | x |
| 2019-12-31 | CN¥1.58 | CN¥5.48 | x |
| 2020-12-31 | CN¥2.63 | CN¥5.48 | x |
| 2021-12-31 | CN¥2.26 | CN¥5.48 | x |
| 2022-12-31 | CN¥2.26 | CN¥5.48 | x |
| 2023-12-31 | CN¥2.25 | CN¥5.48 | x |
| 2024-12-31 | CN¥2.41 | CN¥5.48 | x |
| 2025-12-31 | CN¥2.21 | CN¥5.48 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Guangzhou Jointas Chemical Joint Stock 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): -3.21%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.55%
- • Asset Turnover: 0.49x
- • Equity Multiplier: 2.58x
- Recent ROE (-3.21%) is below the historical average (10.86%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 22.90% | 8.14% | 1.49x | 1.89x | CN¥18.71 Million |
| 2013 | 27.13% | 7.96% | 1.32x | 2.58x | CN¥22.78 Million |
| 2014 | 14.48% | 5.15% | 1.25x | 2.25x | CN¥8.55 Million |
| 2015 | 20.26% | 9.67% | 1.18x | 1.78x | CN¥24.79 Million |
| 2016 | 17.19% | 8.52% | 1.07x | 1.88x | CN¥17.85 Million |
| 2017 | 9.33% | 5.64% | 0.97x | 1.70x | CN¥-3.23 Million |
| 2018 | 4.06% | 2.01% | 1.06x | 1.90x | CN¥-27.37 Million |
| 2019 | 16.43% | 8.41% | 1.02x | 1.92x | CN¥33.43 Million |
| 2020 | 12.98% | 8.88% | 0.76x | 1.92x | CN¥25.67 Million |
| 2021 | 6.02% | 3.03% | 0.89x | 2.24x | CN¥-33.57 Million |
| 2022 | 1.19% | 0.70% | 0.77x | 2.21x | CN¥-75.24 Million |
| 2023 | 1.20% | 0.77% | 0.68x | 2.31x | CN¥-74.95 Million |
| 2024 | 2.03% | 1.50% | 0.57x | 2.38x | CN¥-75.50 Million |
| 2025 | -3.21% | -2.55% | 0.49x | 2.58x | CN¥-114.02 Million |
Industry Comparison
This section compares Guangzhou Jointas Chemical Joint Stock Co Ltd's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $1,599,973,765
- Average return on equity (ROE) among peers: -19.09%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Guangzhou Jointas Chemical Joint Stock Co Ltd (002909) | CN¥856.73 Million | 22.90% | 1.76x | $312.74 Million |
| Chongqing Sanxia Paints Co Ltd (000565) | $68.83 Million | 23.61% | 1.41x | $357.21 Million |
| Hengyi Petrochemical Co Ltd (000703) | $131.47 Million | 16.48% | 0.41x | $7.71 Billion |
| Guangdong Xinhui Meida Nylon Co Ltd (000782) | $1.44 Billion | 2.65% | 0.96x | $715.34 Million |
| Luxi Chemical Group Co Ltd (000830) | $5.11 Billion | 8.29% | 1.58x | $3.03 Billion |
| China Minmetals Rare Earth Co Ltd (000831) | $234.51 Million | -303.65% | 8.65x | $7.39 Billion |
| Anhui Guofeng Plastic Industry Co Ltd (000859) | $1.47 Billion | 1.25% | 0.42x | $1.05 Billion |
| Cofco Biochemical Anhui Co Ltd (000930) | $1.96 Billion | 47.38% | 2.04x | $1.30 Billion |
| Shandong Link Science and Technology Co Ltd (001207) | $76.39 Million | 0.00% | 0.50x | $750.10 Million |
| Zhejiang Transfar Co Ltd (002010) | $1.88 Billion | 8.19% | 0.59x | $1.86 Billion |
| Poly Union Chemical Holding Group Co Ltd (002037) | $3.62 Billion | 4.90% | 2.05x | $459.54 Million |
About Guangzhou Jointas Chemical Joint Stock Co Ltd
Guangzhou Jointas Chemical Co., Ltd. engages in the research, development, production, and sales of adhesives in China. Its products are used in construction, containers, automobiles/electric vehicles, electronics, transportation, petrochemical equipment, steel structures, and engineering equipment. It sells its products under the Antai and Jitai brands. Guangzhou Jointas Chemical Co., Ltd. was f… Read more