Shandong Yanggu Huatai Chemical Co Ltd (300121) - Net Assets
Based on the latest financial reports, Shandong Yanggu Huatai Chemical Co Ltd (300121) has net assets worth CN¥3.60 Billion CNY (≈ $526.71 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¥4.58 Billion ≈ $670.55 Million USD) and total liabilities (CN¥982.97 Million ≈ $143.84 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 Shandong Yanggu Huatai Chemical Co Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.60 Billion |
| % of Total Assets | 78.55% |
| Annual Growth Rate | 28.05% |
| 5-Year Change | 112.25% |
| 10-Year Change | 604.32% |
| Growth Volatility | 76.21 |
Shandong Yanggu Huatai Chemical Co Ltd - Net Assets Trend (2007–2024)
This chart illustrates how Shandong Yanggu Huatai Chemical Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Shandong Yanggu Huatai Chemical Co Ltd for the complete picture of this company's asset base.
Annual Net Assets for Shandong Yanggu Huatai Chemical Co Ltd (2007–2024)
The table below shows the annual net assets of Shandong Yanggu Huatai Chemical Co Ltd from 2007 to 2024. For live valuation and market cap data, see Shandong Yanggu Huatai Chemical Co Ltd (300121) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.51 Billion ≈ $514.34 Million |
+9.57% |
| 2023-12-31 | CN¥3.21 Billion ≈ $469.43 Million |
+15.42% |
| 2022-12-31 | CN¥2.78 Billion ≈ $406.70 Million |
+44.16% |
| 2021-12-31 | CN¥1.93 Billion ≈ $282.12 Million |
+16.42% |
| 2020-12-31 | CN¥1.66 Billion ≈ $242.33 Million |
-0.98% |
| 2019-12-31 | CN¥1.67 Billion ≈ $244.72 Million |
-1.98% |
| 2018-12-31 | CN¥1.71 Billion ≈ $249.66 Million |
+99.39% |
| 2017-12-31 | CN¥855.66 Million ≈ $125.21 Million |
+31.07% |
| 2016-12-31 | CN¥652.81 Million ≈ $95.53 Million |
+30.81% |
| 2015-12-31 | CN¥499.05 Million ≈ $73.03 Million |
+6.00% |
| 2014-12-31 | CN¥470.82 Million ≈ $68.90 Million |
+3.90% |
| 2013-12-31 | CN¥453.15 Million ≈ $66.31 Million |
+3.64% |
| 2012-12-31 | CN¥437.25 Million ≈ $63.98 Million |
+0.40% |
| 2011-12-31 | CN¥435.51 Million ≈ $63.73 Million |
+3.63% |
| 2010-12-31 | CN¥420.26 Million ≈ $61.50 Million |
+327.77% |
| 2009-12-31 | CN¥98.24 Million ≈ $14.38 Million |
+39.84% |
| 2008-12-31 | CN¥70.25 Million ≈ $10.28 Million |
+33.72% |
| 2007-12-31 | CN¥52.54 Million ≈ $7.69 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shandong Yanggu Huatai Chemical 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 4057.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.42 Billion | 40.51% |
| Common Stock | CN¥448.71 Million | 12.77% |
| Other Components | CN¥1.64 Billion | 46.71% |
| Total Equity | CN¥3.51 Billion | 100.00% |
Shandong Yanggu Huatai Chemical Co Ltd Competitors by Market Cap
The table below lists competitors of Shandong Yanggu Huatai Chemical Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Carlyle Secured Lending Inc
NASDAQ:CGBD
|
$803.39 Million |
|
Amplitude Inc
NASDAQ:AMPL
|
$803.70 Million |
|
Neo Performance Materials Inc
TO:NEO
|
$803.76 Million |
|
Zhejiang Qianjiang Biochemical Co Ltd
SHG:600796
|
$803.97 Million |
|
RHOEN-KLINIK.UNSP.ADR 1/2
F:RHKU
|
$803.26 Million |
|
Shenzhen Textile Holdings Co Ltd
SHE:000045
|
$803.19 Million |
|
SWS Hemodialysis Care Co. Ltd. A
SHG:688410
|
$803.00 Million |
|
Guangzhou Haoyun Security Technologies Co Ltd
SHE:300448
|
$802.86 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shandong Yanggu Huatai Chemical Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,207,966,485 to 3,513,695,821, a change of 305,729,336 (9.5%).
- Net income of 192,126,518 contributed positively to equity growth.
- Dividend payments of 128,966,661 reduced retained earnings.
- Share repurchases of 52,583,101 reduced equity.
- Other factors increased equity by 295,152,580.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥192.13 Million | +5.47% |
| Dividends Paid | CN¥128.97 Million | -3.67% |
| Share Repurchases | CN¥52.58 Million | -1.5% |
| Other Changes | CN¥295.15 Million | +8.4% |
| Total Change | CN¥- | 9.53% |
Book Value vs Market Value Analysis
This analysis compares Shandong Yanggu Huatai Chemical 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: 1.43x
- 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 55.63x to 1.43x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | CN¥0.22 | CN¥12.33 | x |
| 2008-12-31 | CN¥0.30 | CN¥12.33 | x |
| 2009-12-31 | CN¥0.42 | CN¥12.33 | x |
| 2010-12-31 | CN¥2.94 | CN¥12.33 | x |
| 2011-12-31 | CN¥1.35 | CN¥12.33 | x |
| 2012-12-31 | CN¥1.82 | CN¥12.33 | x |
| 2013-12-31 | CN¥2.81 | CN¥12.33 | x |
| 2014-12-31 | CN¥1.55 | CN¥12.33 | x |
| 2015-12-31 | CN¥1.58 | CN¥12.33 | x |
| 2016-12-31 | CN¥2.03 | CN¥12.33 | x |
| 2017-12-31 | CN¥2.69 | CN¥12.33 | x |
| 2018-12-31 | CN¥4.69 | CN¥12.33 | x |
| 2019-12-31 | CN¥4.30 | CN¥12.33 | x |
| 2020-12-31 | CN¥4.48 | CN¥12.33 | x |
| 2021-12-31 | CN¥5.14 | CN¥12.33 | x |
| 2022-12-31 | CN¥6.87 | CN¥12.33 | x |
| 2023-12-31 | CN¥7.70 | CN¥12.33 | x |
| 2024-12-31 | CN¥8.60 | CN¥12.33 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shandong Yanggu Huatai Chemical 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): 5.47%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.60%
- • Asset Turnover: 0.77x
- • Equity Multiplier: 1.28x
- Recent ROE (5.47%) is below the historical average (13.79%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 28.55% | 6.64% | 1.54x | 2.80x | CN¥9.75 Million |
| 2008 | 24.99% | 6.91% | 1.60x | 2.26x | CN¥10.53 Million |
| 2009 | 28.32% | 10.42% | 1.42x | 1.91x | CN¥18.00 Million |
| 2010 | 6.86% | 8.27% | 0.70x | 1.19x | CN¥-13.21 Million |
| 2011 | 3.55% | 4.40% | 0.61x | 1.32x | CN¥-28.10 Million |
| 2012 | 2.68% | 3.02% | 0.47x | 1.89x | CN¥-31.99 Million |
| 2013 | 3.48% | 2.49% | 0.59x | 2.36x | CN¥-29.55 Million |
| 2014 | 5.73% | 3.62% | 0.61x | 2.59x | CN¥-20.12 Million |
| 2015 | 7.88% | 4.57% | 0.69x | 2.49x | CN¥-10.59 Million |
| 2016 | 24.02% | 12.64% | 0.88x | 2.16x | CN¥91.50 Million |
| 2017 | 23.79% | 12.43% | 1.01x | 1.90x | CN¥117.97 Million |
| 2018 | 21.53% | 17.64% | 0.99x | 1.23x | CN¥196.63 Million |
| 2019 | 11.02% | 9.15% | 0.94x | 1.28x | CN¥17.11 Million |
| 2020 | 7.60% | 6.47% | 0.84x | 1.39x | CN¥-39.82 Million |
| 2021 | 14.73% | 10.50% | 1.02x | 1.38x | CN¥91.13 Million |
| 2022 | 18.54% | 14.65% | 0.99x | 1.27x | CN¥237.46 Million |
| 2023 | 9.49% | 8.81% | 0.78x | 1.38x | CN¥-16.49 Million |
| 2024 | 5.47% | 5.60% | 0.77x | 1.28x | CN¥-159.24 Million |
Industry Comparison
This section compares Shandong Yanggu Huatai Chemical Co Ltd's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $2,526,275,526
- Average return on equity (ROE) among peers: 14.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shandong Yanggu Huatai Chemical Co Ltd (300121) | CN¥3.60 Billion | 28.55% | 0.27x | $803.32 Million |
| North Huajin Chemical Industries Co Ltd (000059) | $12.66 Billion | 14.57% | 1.45x | $1.33 Billion |
| Sichuan Chemical Co Ltd (000155) | $7.35 Billion | 4.73% | 1.50x | $4.71 Billion |
| Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) | $246.65 Million | 3.47% | 1.71x | $12.84 Billion |
| Zangge Holding Co Ltd (000408) | $477.67 Million | 1.53% | 1.45x | $20.51 Billion |
| Sichuan Jinlu Group Co Ltd (000510) | $1.17 Billion | 5.97% | 1.33x | $1.34 Billion |
| Jilin Gpro Titanium Industry Co Ltd (000545) | $313.50 Million | 0.80% | 0.55x | $436.10 Million |
| Aoyuan Beauty Valley Technology Co Ltd (000615) | $54.68 Million | 39.27% | 1.16x | $871.02 Million |
| Ningxia Younglight Chemicals Co Ltd (000635) | $2.67 Billion | 1.91% | 0.16x | $470.62 Million |
| Maoming Petro-Chemical Shihua Co Ltd (000637) | $220.98 Million | 19.06% | 0.40x | $366.68 Million |
| Inner Mongolia Yuan Xing Energy Co Ltd (000683) | $93.73 Million | 50.32% | 1.49x | $4.87 Billion |
About Shandong Yanggu Huatai Chemical Co Ltd
Shandong Yanggu Huatai Chemical Co., Ltd. provides rubber chemical products in China and internationally. The company offers standard rubber chemicals, such as retarders, accelerators, and anti-reversion agents; pre-dispersed rubber chemicals; insoluble sulfurs; processing promoters; silane coupling agents; rubber protective waxes; resins; and other products. It also provides adhesion and reinfor… Read more