Shenzhen Capchem Tech (300037) - Net Assets
Based on the latest financial reports, Shenzhen Capchem Tech (300037) has net assets worth CN¥11.59 Billion CNY (≈ $1.70 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥21.76 Billion ≈ $3.18 Billion USD) and total liabilities (CN¥10.17 Billion ≈ $1.49 Billion 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 300037 tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥11.59 Billion |
| % of Total Assets | 53.27% |
| Annual Growth Rate | 32.12% |
| 5-Year Change | 65.86% |
| 10-Year Change | 425.33% |
| Growth Volatility | 117.38 |
Shenzhen Capchem Tech - Net Assets Trend (2006–2025)
This chart illustrates how Shenzhen Capchem Tech's net assets have evolved over time, based on quarterly financial data. See 300037 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Shenzhen Capchem Tech (2006–2025)
The table below shows the annual net assets of Shenzhen Capchem Tech from 2006 to 2025. For live valuation and market cap data, see market cap of Shenzhen Capchem Tech.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥11.60 Billion ≈ $1.70 Billion |
+13.48% |
| 2024-12-31 | CN¥10.22 Billion ≈ $1.50 Billion |
+6.13% |
| 2023-12-31 | CN¥9.63 Billion ≈ $1.41 Billion |
+10.14% |
| 2022-12-31 | CN¥8.75 Billion ≈ $1.28 Billion |
+25.04% |
| 2021-12-31 | CN¥6.99 Billion ≈ $1.02 Billion |
+36.31% |
| 2020-12-31 | CN¥5.13 Billion ≈ $750.85 Million |
+53.36% |
| 2019-12-31 | CN¥3.35 Billion ≈ $489.61 Million |
+16.56% |
| 2018-12-31 | CN¥2.87 Billion ≈ $420.06 Million |
+16.82% |
| 2017-12-31 | CN¥2.46 Billion ≈ $359.57 Million |
+11.27% |
| 2016-12-31 | CN¥2.21 Billion ≈ $323.14 Million |
+10.97% |
| 2015-12-31 | CN¥1.99 Billion ≈ $291.21 Million |
+47.27% |
| 2014-12-31 | CN¥1.35 Billion ≈ $197.73 Million |
+7.94% |
| 2013-12-31 | CN¥1.25 Billion ≈ $183.18 Million |
+7.03% |
| 2012-12-31 | CN¥1.17 Billion ≈ $171.16 Million |
+8.04% |
| 2011-12-31 | CN¥1.08 Billion ≈ $158.43 Million |
+9.19% |
| 2010-12-31 | CN¥991.56 Million ≈ $145.10 Million |
+6.86% |
| 2009-12-31 | CN¥927.88 Million ≈ $135.78 Million |
+541.81% |
| 2008-12-31 | CN¥144.57 Million ≈ $21.16 Million |
+57.35% |
| 2007-12-31 | CN¥91.88 Million ≈ $13.44 Million |
+57.46% |
| 2006-12-31 | CN¥58.35 Million ≈ $8.54 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Capchem Tech'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 16800.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥6.45 Billion | 59.85% |
| Common Stock | CN¥751.79 Million | 6.98% |
| Other Comprehensive Income | CN¥1.01 Billion | 9.34% |
| Other Components | CN¥2.57 Billion | 23.83% |
| Total Equity | CN¥10.78 Billion | 100.00% |
Shenzhen Capchem Tech Competitors by Market Cap
The table below lists competitors of Shenzhen Capchem Tech ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Doosan
KO:000150
|
$9.19 Billion |
|
Arrowhead Pharmaceuticals Inc
NASDAQ:ARWR
|
$9.19 Billion |
|
Petronas Chemicals Group Bhd
KLSE:5183
|
$9.20 Billion |
|
News Corp A
NASDAQ:NWSA
|
$9.22 Billion |
|
Anker Innovations Technology Co Ltd
SHE:300866
|
$9.19 Billion |
|
Eastroc Beverage Group Co Ltd
SHG:605499
|
$9.18 Billion |
|
MOL Nyrt.
BUD:MOL
|
$9.18 Billion |
|
Futu Holdings Limited
F:6FHA
|
$9.18 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Capchem Tech's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 9,751,174,225 to 10,776,995,000, a change of 1,025,820,775 (10.5%).
- Net income of 1,098,042,000 contributed positively to equity growth.
- Dividend payments of 298,095,716 reduced retained earnings.
- Share repurchases of 99,911,697 reduced equity.
- Other comprehensive income increased equity by 1,006,829,000.
- Other factors decreased equity by 681,042,812.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥1.10 Billion | +10.19% |
| Dividends Paid | CN¥298.10 Million | -2.77% |
| Share Repurchases | CN¥99.91 Million | -0.93% |
| Other Comprehensive Income | CN¥1.01 Billion | +9.34% |
| Other Changes | CN¥-681.04 Million | -6.32% |
| Total Change | CN¥- | 10.52% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Capchem Tech'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: 5.81x
- 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 277.87x to 5.81x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | CN¥0.30 | CN¥83.29 | x |
| 2007-12-31 | CN¥0.43 | CN¥83.29 | x |
| 2008-12-31 | CN¥0.64 | CN¥83.29 | x |
| 2009-12-31 | CN¥4.02 | CN¥83.29 | x |
| 2010-12-31 | CN¥3.23 | CN¥83.29 | x |
| 2011-12-31 | CN¥3.50 | CN¥83.29 | x |
| 2012-12-31 | CN¥1.90 | CN¥83.29 | x |
| 2013-12-31 | CN¥2.02 | CN¥83.29 | x |
| 2014-12-31 | CN¥2.19 | CN¥83.29 | x |
| 2015-12-31 | CN¥3.10 | CN¥83.29 | x |
| 2016-12-31 | CN¥3.31 | CN¥83.29 | x |
| 2017-12-31 | CN¥3.60 | CN¥83.29 | x |
| 2018-12-31 | CN¥4.17 | CN¥83.29 | x |
| 2019-12-31 | CN¥4.77 | CN¥83.29 | x |
| 2020-12-31 | CN¥6.89 | CN¥83.29 | x |
| 2021-12-31 | CN¥9.12 | CN¥83.29 | x |
| 2022-12-31 | CN¥11.08 | CN¥83.29 | x |
| 2023-12-31 | CN¥11.71 | CN¥83.29 | x |
| 2024-12-31 | CN¥12.52 | CN¥83.29 | x |
| 2025-12-31 | CN¥14.33 | CN¥83.29 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Capchem Tech 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): 10.19%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.39%
- • Asset Turnover: 0.49x
- • Equity Multiplier: 1.84x
- Recent ROE (10.19%) is below the historical average (13.91%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 34.75% | 14.73% | 1.48x | 1.59x | CN¥14.44 Million |
| 2007 | 30.40% | 13.87% | 1.48x | 1.49x | CN¥18.74 Million |
| 2008 | 21.87% | 13.56% | 1.14x | 1.41x | CN¥17.16 Million |
| 2009 | 6.48% | 18.86% | 0.32x | 1.08x | CN¥-32.65 Million |
| 2010 | 9.47% | 19.68% | 0.43x | 1.11x | CN¥-5.23 Million |
| 2011 | 11.43% | 19.03% | 0.53x | 1.13x | CN¥15.45 Million |
| 2012 | 11.10% | 19.63% | 0.49x | 1.16x | CN¥12.85 Million |
| 2013 | 10.02% | 18.33% | 0.47x | 1.16x | CN¥286.43K |
| 2014 | 9.89% | 17.54% | 0.46x | 1.22x | CN¥-1.51 Million |
| 2015 | 6.46% | 13.67% | 0.40x | 1.17x | CN¥-69.95 Million |
| 2016 | 11.75% | 16.10% | 0.57x | 1.28x | CN¥38.11 Million |
| 2017 | 11.58% | 15.42% | 0.49x | 1.53x | CN¥38.18 Million |
| 2018 | 11.46% | 14.78% | 0.49x | 1.59x | CN¥40.71 Million |
| 2019 | 10.02% | 13.98% | 0.47x | 1.53x | CN¥606.96K |
| 2020 | 10.40% | 17.49% | 0.40x | 1.49x | CN¥19.91 Million |
| 2021 | 19.30% | 18.80% | 0.62x | 1.65x | CN¥629.69 Million |
| 2022 | 21.02% | 18.20% | 0.63x | 1.84x | CN¥922.04 Million |
| 2023 | 11.02% | 13.51% | 0.42x | 1.92x | CN¥93.63 Million |
| 2024 | 9.66% | 12.01% | 0.45x | 1.81x | CN¥-33.06 Million |
| 2025 | 10.19% | 11.39% | 0.49x | 1.84x | CN¥20.34 Million |
Industry Comparison
This section compares Shenzhen Capchem Tech's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $6,166,812,577
- Average return on equity (ROE) among peers: 6.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Capchem Tech (300037) | CN¥11.59 Billion | 34.75% | 0.88x | $9.19 Billion |
| Chongqing Sanxia Paints Co Ltd (000565) | $1.30 Billion | 0.62% | 0.29x | $390.84 Million |
| Hengyi Petrochemical Co Ltd (000703) | $32.94 Billion | 10.26% | 2.20x | $6.57 Billion |
| Guangdong Xinhui Meida Nylon Co Ltd (000782) | $552.98 Million | 12.21% | 1.11x | $737.44 Million |
| Luxi Chemical Group Co Ltd (000830) | $5.61 Billion | 5.45% | 2.19x | $3.51 Billion |
| China Minmetals Rare Earth Co Ltd (000831) | $1.07 Billion | 6.09% | 3.18x | $9.61 Billion |
| Anhui Guofeng Plastic Industry Co Ltd (000859) | $1.39 Billion | 0.45% | 0.38x | $1.50 Billion |
| Cofco Biochemical Anhui Co Ltd (000930) | $1.51 Billion | 7.32% | 1.02x | $1.27 Billion |
| Shandong Link Science and Technology Co Ltd (001207) | $1.32 Billion | 12.34% | 0.44x | $751.43 Million |
| Zhejiang Transfar Co Ltd (002010) | $13.62 Billion | 6.01% | 1.21x | $1.98 Billion |
| Poly Union Chemical Holding Group Co Ltd (002037) | $2.36 Billion | 2.62% | 2.10x | $468.74 Million |
About Shenzhen Capchem Tech
Shenzhen Capchem Technology Co., Ltd., together with its subsidiaries, engages in the research, development, production, sale, and service of new electronic chemicals and functional materials in China and internationally. It operates through three segments: Battery Chemicals, Organofluorine Chemicals, and Electronic Information Chemicals. The company offers battery chemicals, such as electrolytes… Read more