Zhejiang XinNong Chemical Co Ltd Class A (002942) - Net Assets
Based on the latest financial reports, Zhejiang XinNong Chemical Co Ltd Class A (002942) has net assets worth CN¥1.23 Billion CNY (≈ $179.93 Million 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¥1.69 Billion ≈ $247.93 Million USD) and total liabilities (CN¥464.76 Million ≈ $68.01 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 Zhejiang XinNong Chemical Co Ltd Class A tangible equity quality to evaluate the tangible quality of the company's equity base.
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. See Zhejiang XinNong Chemical Co Ltd Class A liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
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. For live valuation and market cap data, see 002942 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.17 Billion ≈ $170.57 Million |
+3.90% |
| 2023-12-31 | CN¥1.12 Billion ≈ $164.16 Million |
-4.22% |
| 2022-12-31 | CN¥1.17 Billion ≈ $171.39 Million |
+2.80% |
| 2021-12-31 | CN¥1.14 Billion ≈ $166.73 Million |
+6.88% |
| 2020-12-31 | CN¥1.07 Billion ≈ $156.00 Million |
+15.23% |
| 2019-12-31 | CN¥925.15 Million ≈ $135.38 Million |
+23.64% |
| 2018-12-31 | CN¥748.28 Million ≈ $109.50 Million |
+151.21% |
| 2017-12-31 | CN¥297.87 Million ≈ $43.59 Million |
+13.54% |
| 2016-12-31 | CN¥262.36 Million ≈ $38.39 Million |
+8.64% |
| 2015-12-31 | CN¥241.49 Million ≈ $35.34 Million |
+3.24% |
| 2014-12-31 | CN¥233.90 Million ≈ $34.23 Million |
+92.07% |
| 2013-12-31 | CN¥121.78 Million ≈ $17.82 Million |
-1.76% |
| 2012-12-31 | CN¥123.96 Million ≈ $18.14 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.
| Company | Market Cap |
|---|---|
|
Shanghai Ace Invest&Dvlp Co
SHG:603329
|
$350.17 Million |
|
Beijing Kaiwen Education Technology Co Ltd
SHE:002659
|
$350.19 Million |
|
Paysafe Ltd
NYSE:PSFE
|
$350.37 Million |
|
Metro Mining Ltd
AU:MMI
|
$350.44 Million |
|
EQT Holdings Ltd
AU:EQT
|
$349.95 Million |
|
Akastor ASA
OL:AKAST
|
$349.91 Million |
|
Chongqing Machinery & Electric Co. Ltd
F:CE3
|
$349.86 Million |
|
Xiamen R&T Plumbing Technology Co Ltd
SHE:002790
|
$349.77 Million |
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: 2.00x
- 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 9.68x to 2.00x 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¥15.35 | x |
| 2013-12-31 | CN¥1.57 | CN¥15.35 | x |
| 2014-12-31 | CN¥1.99 | CN¥15.35 | x |
| 2015-12-31 | CN¥2.08 | CN¥15.35 | x |
| 2016-12-31 | CN¥2.23 | CN¥15.35 | x |
| 2017-12-31 | CN¥2.53 | CN¥15.35 | x |
| 2018-12-31 | CN¥6.20 | CN¥15.35 | x |
| 2019-12-31 | CN¥5.93 | CN¥15.35 | x |
| 2020-12-31 | CN¥6.83 | CN¥15.35 | x |
| 2021-12-31 | CN¥7.42 | CN¥15.35 | x |
| 2022-12-31 | CN¥7.64 | CN¥15.35 | x |
| 2023-12-31 | CN¥7.52 | CN¥15.35 | x |
| 2024-12-31 | CN¥7.67 | CN¥15.35 | 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: $3,810,968,802
- Average return on equity (ROE) among peers: 7.30%
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 | $350.09 Million |
| Hubei Yihua Chemical Industry Co Ltd (000422) | $492.29 Million | 7.61% | 0.82x | $2.09 Billion |
| Nanjing Red Sun Co Ltd (000525) | $3.98 Billion | 4.57% | 1.08x | $831.95 Million |
| ADAMA Ltd (000553) | $21.92 Billion | -7.32% | 1.53x | $1.84 Billion |
| Grand Industrial Holding Co Ltd (000626) | $3.10 Billion | 7.17% | 1.46x | $517.47 Million |
| Sichuan Meifeng Chemical Industry Co Ltd (000731) | $3.04 Billion | 5.61% | 0.59x | $440.10 Million |
| Qinghai Salt Lake Industry Co.Ltd (000792) | $634.84 Million | 10.65% | 0.39x | $23.04 Billion |
| Asia Potash International Investment Guangzhou Co Ltd (000893) | $3.93 Billion | 1.06% | 0.07x | $5.53 Billion |
| Hubei Xinyangfeng Fertilizer Co Ltd (000902) | $452.01 Million | -10.57% | 1.67x | $2.23 Billion |
| Sichuan Lutianhua Co Ltd (000912) | $218.75 Million | 71.83% | 0.84x | $782.42 Million |
| Guangxi Hechi Chemical Co Ltd (000953) | $341.44 Million | -17.59% | 1.88x | $297.88 Million |
About Zhejiang XinNong Chemical Co Ltd Class A
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