Shanxi Huhua Group Co Ltd (003002) - Net Assets
Based on the latest financial reports, Shanxi Huhua Group Co Ltd (003002) has net assets worth CN¥1.64 Billion CNY (≈ $239.36 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¥2.36 Billion ≈ $345.63 Million USD) and total liabilities (CN¥726.24 Million ≈ $106.27 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 Shanxi Huhua Group Co Ltd (003002) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.64 Billion |
| % of Total Assets | 69.25% |
| Annual Growth Rate | 15.2% |
| 5-Year Change | 41.31% |
| 10-Year Change | 255.55% |
| Growth Volatility | 16.41 |
Shanxi Huhua Group Co Ltd - Net Assets Trend (2012–2024)
This chart illustrates how Shanxi Huhua Group Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Shanxi Huhua Group Co Ltd (003002) total assets for the complete picture of this company's asset base.
Annual Net Assets for Shanxi Huhua Group Co Ltd (2012–2024)
The table below shows the annual net assets of Shanxi Huhua Group Co Ltd from 2012 to 2024. For live valuation and market cap data, see market cap of Shanxi Huhua Group Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.51 Billion ≈ $221.51 Million |
+4.70% |
| 2023-12-31 | CN¥1.45 Billion ≈ $211.55 Million |
+13.33% |
| 2022-12-31 | CN¥1.28 Billion ≈ $186.66 Million |
+9.60% |
| 2021-12-31 | CN¥1.16 Billion ≈ $170.32 Million |
+8.66% |
| 2020-12-31 | CN¥1.07 Billion ≈ $156.75 Million |
+68.63% |
| 2019-12-31 | CN¥635.21 Million ≈ $92.95 Million |
+12.77% |
| 2018-12-31 | CN¥563.27 Million ≈ $82.42 Million |
+11.79% |
| 2017-12-31 | CN¥503.85 Million ≈ $73.73 Million |
+10.89% |
| 2016-12-31 | CN¥454.37 Million ≈ $66.49 Million |
+6.72% |
| 2015-12-31 | CN¥425.74 Million ≈ $62.30 Million |
+8.63% |
| 2014-12-31 | CN¥391.93 Million ≈ $57.35 Million |
+22.15% |
| 2013-12-31 | CN¥320.86 Million ≈ $46.95 Million |
+15.77% |
| 2012-12-31 | CN¥277.16 Million ≈ $40.56 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shanxi Huhua Group 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 4723.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥709.10 Million | 51.49% |
| Common Stock | CN¥200.00 Million | 14.52% |
| Other Comprehensive Income | CN¥146.80 Million | 10.66% |
| Other Components | CN¥321.18 Million | 23.32% |
| Total Equity | CN¥1.38 Billion | 100.00% |
Shanxi Huhua Group Co Ltd Competitors by Market Cap
The table below lists competitors of Shanxi Huhua Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Carasso
TA:CRSO
|
$808.43 Million |
|
Shanghai Urban Architecture Design Co. Ltd.
SHE:300983
|
$808.65 Million |
|
Zhongyeda Electric Co Ltd
SHE:002441
|
$808.79 Million |
|
Topscore Fashion
SHG:603608
|
$808.87 Million |
|
Shenzhen Prince New Materials Co Ltd
SHE:002735
|
$807.75 Million |
|
Run Long Construction Co Ltd
TW:1808
|
$807.49 Million |
|
Akso Health Group ADR
NASDAQ:AHG
|
$807.33 Million |
|
Tae Kwang Corporation
KQ:023160
|
$807.25 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shanxi Huhua Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,302,379,693 to 1,377,086,843, a change of 74,707,150 (5.7%).
- Net income of 140,018,062 contributed positively to equity growth.
- Dividend payments of 50,113,240 reduced retained earnings.
- Share repurchases of 23,825,256 reduced equity.
- Other comprehensive income increased equity by 17,975,365.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥140.02 Million | +10.17% |
| Dividends Paid | CN¥50.11 Million | -3.64% |
| Share Repurchases | CN¥23.83 Million | -1.73% |
| Other Comprehensive Income | CN¥17.98 Million | +1.31% |
| Other Changes | CN¥-9.35 Million | -0.68% |
| Total Change | CN¥- | 5.74% |
Book Value vs Market Value Analysis
This analysis compares Shanxi Huhua Group 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: 4.01x
- 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 17.14x to 4.01x 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¥1.61 | CN¥27.61 | x |
| 2013-12-31 | CN¥2.02 | CN¥27.61 | x |
| 2014-12-31 | CN¥2.49 | CN¥27.61 | x |
| 2015-12-31 | CN¥2.71 | CN¥27.61 | x |
| 2016-12-31 | CN¥2.90 | CN¥27.61 | x |
| 2017-12-31 | CN¥3.28 | CN¥27.61 | x |
| 2018-12-31 | CN¥3.64 | CN¥27.61 | x |
| 2019-12-31 | CN¥4.22 | CN¥27.61 | x |
| 2020-12-31 | CN¥5.21 | CN¥27.61 | x |
| 2021-12-31 | CN¥5.18 | CN¥27.61 | x |
| 2022-12-31 | CN¥5.67 | CN¥27.61 | x |
| 2023-12-31 | CN¥6.49 | CN¥27.61 | x |
| 2024-12-31 | CN¥6.88 | CN¥27.61 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shanxi Huhua Group 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): 10.17%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.72%
- • Asset Turnover: 0.54x
- • Equity Multiplier: 1.48x
- Recent ROE (10.17%) is below the historical average (11.69%), 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 | 13.66% | 8.10% | 0.59x | 2.86x | CN¥8.88 Million |
| 2013 | 18.84% | 12.07% | 0.67x | 2.34x | CN¥27.04 Million |
| 2014 | 16.06% | 11.61% | 0.68x | 2.02x | CN¥22.66 Million |
| 2015 | 8.12% | 8.58% | 0.50x | 1.88x | CN¥-7.64 Million |
| 2016 | 7.25% | 8.93% | 0.50x | 1.63x | CN¥-12.05 Million |
| 2017 | 9.76% | 10.90% | 0.61x | 1.48x | CN¥-1.17 Million |
| 2018 | 12.08% | 14.40% | 0.61x | 1.38x | CN¥11.32 Million |
| 2019 | 12.45% | 15.26% | 0.61x | 1.33x | CN¥15.02 Million |
| 2020 | 9.30% | 17.42% | 0.44x | 1.21x | CN¥-7.31 Million |
| 2021 | 7.84% | 11.01% | 0.48x | 1.47x | CN¥-22.33 Million |
| 2022 | 10.71% | 12.59% | 0.56x | 1.52x | CN¥7.99 Million |
| 2023 | 15.72% | 15.58% | 0.68x | 1.49x | CN¥74.44 Million |
| 2024 | 10.17% | 12.72% | 0.54x | 1.48x | CN¥2.31 Million |
Industry Comparison
This section compares Shanxi Huhua Group Co Ltd's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $4,145,101,575
- Average return on equity (ROE) among peers: 2.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shanxi Huhua Group Co Ltd (003002) | CN¥1.64 Billion | 13.66% | 0.44x | $808.04 Million |
| Chongqing Sanxia Paints Co Ltd (000565) | $420.42 Million | 6.58% | 1.35x | $499.34 Million |
| Hengyi Petrochemical Co Ltd (000703) | $90.42 Million | 27.06% | 0.87x | $9.30 Billion |
| Guangdong Xinhui Meida Nylon Co Ltd (000782) | $1.09 Billion | 0.96% | 1.41x | $741.46 Million |
| Luxi Chemical Group Co Ltd (000830) | $17.46 Billion | 18.08% | 0.97x | $4.75 Billion |
| China Minmetals Rare Earth Co Ltd (000831) | $2.74 Billion | 9.31% | 0.09x | $8.45 Billion |
| Anhui Guofeng Plastic Industry Co Ltd (000859) | $1.39 Billion | 0.45% | 0.38x | $1.19 Billion |
| Cofco Biochemical Anhui Co Ltd (000930) | $1.57 Billion | -90.11% | 2.59x | $1.65 Billion |
| Shandong Link Science and Technology Co Ltd (001207) | $198.24 Million | 18.03% | 1.03x | $582.05 Million |
| Zhejiang Transfar Co Ltd (002010) | $16.39 Billion | 9.78% | 0.86x | $2.36 Billion |
| Poly Union Chemical Holding Group Co Ltd (002037) | $107.09 Million | 21.41% | 1.19x | $605.40 Million |
About Shanxi Huhua Group Co Ltd
Shanxi Huhua Group Co., Ltd., together with its subsidiaries, engages in the research, development, production, sale, import, and export of civil explosive products in China and internationally. It offers detonators and explosives; engineering blasting solutions; and blasting services. The company exports its products to approximately 20 countries and regions, including Mongolia, Myanmar, Austral… Read more