Zhejiang XinNong Chemical Co Ltd Class A

SHE:002942 China Agricultural Inputs
Market Cap
$432.28 Million
CN¥3.17 Billion CNY
Market Cap Rank
#17373 Global
#4526 in China
Share Price
CN¥20.35
Change (1 day)
-3.78%
52-Week Range
CN¥14.30 - CN¥26.46
All Time High
CN¥28.24
About

Zhejiang XinNong Chemical Co.,Ltd. researches, develops, produces, and sells chemical pesticide technical, preparations and fine chemical intermediates in China. It operates through two segments: Technical Drugs and Intermediates, and Preparations. The Technical Drugs and Intermediates segment produces triazophos technical, chlorpyrifos technical, zinc thiazole technical, pyraclostrobin technical… Read more

Zhejiang XinNong Chemical Co Ltd Class A (002942) - Net Assets

Latest net assets as of September 2025: CN¥1.23 Billion CNY

Based on the latest financial reports, Zhejiang XinNong Chemical Co Ltd Class A (002942) has net assets worth CN¥1.23 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¥1.69 Billion) and total liabilities (CN¥464.76 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¥1.23 Billion
% of Total Assets 72.57%
Annual Growth Rate 20.53%
5-Year Change 9.34%
10-Year Change 382.7%
Growth Volatility 44.92

Zhejiang XinNong Chemical Co Ltd Class A - Net Assets Trend (2012–2024)

This chart illustrates how Zhejiang XinNong Chemical Co Ltd Class A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Zhejiang XinNong Chemical Co Ltd Class A (2012–2024)

The table below shows the annual net assets of Zhejiang XinNong Chemical Co Ltd Class A from 2012 to 2024.

Year Net Assets Change
2024-12-31 CN¥1.17 Billion +3.90%
2023-12-31 CN¥1.12 Billion -4.22%
2022-12-31 CN¥1.17 Billion +2.80%
2021-12-31 CN¥1.14 Billion +6.88%
2020-12-31 CN¥1.07 Billion +15.23%
2019-12-31 CN¥925.15 Million +23.64%
2018-12-31 CN¥748.28 Million +151.21%
2017-12-31 CN¥297.87 Million +13.54%
2016-12-31 CN¥262.36 Million +8.64%
2015-12-31 CN¥241.49 Million +3.24%
2014-12-31 CN¥233.90 Million +92.07%
2013-12-31 CN¥121.78 Million -1.76%
2012-12-31 CN¥123.96 Million --

Equity Component Analysis

This analysis shows how different components contribute to Zhejiang XinNong Chemical Co Ltd Class A'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 950.3% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥535.60 Million 45.95%
Common Stock CN¥156.00 Million 13.38%
Other Comprehensive Income CN¥198.51 Million 17.03%
Other Components CN¥275.54 Million 23.64%
Total Equity CN¥1.17 Billion 100.00%

Zhejiang XinNong Chemical Co Ltd Class A Competitors by Market Cap

The table below lists competitors of Zhejiang XinNong Chemical Co Ltd Class A ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Zhejiang XinNong Chemical Co Ltd Class A's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,121,841,233 to 1,165,646,952, a change of 43,805,719 (3.9%).
  • Net income of 57,727,596 contributed positively to equity growth.
  • Dividend payments of 30,641,986 reduced retained earnings.
  • Other comprehensive income increased equity by 16,720,109.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥57.73 Million +4.95%
Dividends Paid CN¥30.64 Million -2.63%
Other Comprehensive Income CN¥16.72 Million +1.43%
Total Change CN¥- 3.90%

Book Value vs Market Value Analysis

This analysis compares Zhejiang XinNong Chemical Co Ltd Class A'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: 2.65x
  • 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 12.83x to 2.65x 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¥1.59 CN¥20.35 x
2013-12-31 CN¥1.57 CN¥20.35 x
2014-12-31 CN¥1.99 CN¥20.35 x
2015-12-31 CN¥2.08 CN¥20.35 x
2016-12-31 CN¥2.23 CN¥20.35 x
2017-12-31 CN¥2.53 CN¥20.35 x
2018-12-31 CN¥6.20 CN¥20.35 x
2019-12-31 CN¥5.93 CN¥20.35 x
2020-12-31 CN¥6.83 CN¥20.35 x
2021-12-31 CN¥7.42 CN¥20.35 x
2022-12-31 CN¥7.64 CN¥20.35 x
2023-12-31 CN¥7.52 CN¥20.35 x
2024-12-31 CN¥7.67 CN¥20.35 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Zhejiang XinNong Chemical Co Ltd Class A 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): 4.95%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 6.00%
  • • Asset Turnover: 0.60x
  • • Equity Multiplier: 1.39x
  • Recent ROE (4.95%) is below the historical average (19.91%), 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 31.04% 6.88% 1.52x 2.97x CN¥26.04 Million
2013 35.34% 8.07% 1.43x 3.05x CN¥30.86 Million
2014 62.90% 27.32% 1.05x 2.19x CN¥123.73 Million
2015 15.56% 7.00% 1.14x 1.94x CN¥13.44 Million
2016 14.82% 6.49% 1.26x 1.82x CN¥12.63 Million
2017 25.52% 9.40% 1.40x 1.94x CN¥46.23 Million
2018 17.12% 13.25% 0.87x 1.49x CN¥53.27 Million
2019 16.70% 14.23% 0.83x 1.41x CN¥62.01 Million
2020 16.44% 14.68% 0.88x 1.27x CN¥68.64 Million
2021 12.10% 11.86% 0.75x 1.36x CN¥23.93 Million
2022 8.66% 8.12% 0.76x 1.40x CN¥-15.73 Million
2023 -2.26% -3.09% 0.56x 1.32x CN¥-137.56 Million
2024 4.95% 6.00% 0.60x 1.39x CN¥-58.84 Million

Industry Comparison

This section compares Zhejiang XinNong Chemical Co Ltd Class A'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
Zhejiang XinNong Chemical Co Ltd Class A (002942) CN¥1.23 Billion 31.04% 0.38x $122.21 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