Shandong Rike Chemical
Shandong Rike Chemical Co.,LTD. engages in the research and development, production, and sale of plastic and rubber modifiers products for plastic processing and the rubber industry in China. The company offers chlorinated polyethylene (CPE), ACM impact modifier, acrylic impact modifier (AIM), PVC processing aid, PVC foaming regulator, AMB impact modifier and PMMA/ASA capstocks, CPVC compounds an… Read more
Shandong Rike Chemical (300214) - Net Assets
Latest net assets as of September 2025: CN¥2.54 Billion CNY
Based on the latest financial reports, Shandong Rike Chemical (300214) has net assets worth CN¥2.54 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¥4.97 Billion) and total liabilities (CN¥2.43 Billion). 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¥2.54 Billion |
| % of Total Assets | 51.17% |
| Annual Growth Rate | 22.94% |
| 5-Year Change | 33.74% |
| 10-Year Change | 94.91% |
| Growth Volatility | 71.71 |
Shandong Rike Chemical - Net Assets Trend (2007–2024)
This chart illustrates how Shandong Rike Chemical's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Shandong Rike Chemical (2007–2024)
The table below shows the annual net assets of Shandong Rike Chemical from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.57 Billion | -0.28% |
| 2023-12-31 | CN¥2.58 Billion | +2.10% |
| 2022-12-31 | CN¥2.53 Billion | +6.99% |
| 2021-12-31 | CN¥2.36 Billion | +22.78% |
| 2020-12-31 | CN¥1.92 Billion | +10.35% |
| 2019-12-31 | CN¥1.74 Billion | +7.46% |
| 2018-12-31 | CN¥1.62 Billion | +2.05% |
| 2017-12-31 | CN¥1.59 Billion | +16.94% |
| 2016-12-31 | CN¥1.36 Billion | +2.99% |
| 2015-12-31 | CN¥1.32 Billion | +6.79% |
| 2014-12-31 | CN¥1.24 Billion | +4.48% |
| 2013-12-31 | CN¥1.18 Billion | +3.03% |
| 2012-12-31 | CN¥1.15 Billion | +3.88% |
| 2011-12-31 | CN¥1.10 Billion | +306.27% |
| 2010-12-31 | CN¥271.98 Million | +35.48% |
| 2009-12-31 | CN¥200.75 Million | +37.04% |
| 2008-12-31 | CN¥146.49 Million | +90.86% |
| 2007-12-31 | CN¥76.76 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shandong Rike Chemical'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 8544.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.13 Billion | 46.16% |
| Common Stock | CN¥465.16 Million | 19.01% |
| Other Components | CN¥852.01 Million | 34.83% |
| Total Equity | CN¥2.45 Billion | 100.00% |
Shandong Rike Chemical Competitors by Market Cap
The table below lists competitors of Shandong Rike Chemical ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dahu Aquaculture Co Ltd
SHG:600257
|
$308.71 Million |
|
Martinrea International Inc
PINK:MRETF
|
$308.73 Million |
|
Thai President Foods Public Company Limited
BK:TFMAMA
|
$308.76 Million |
|
Haixia Envrnmnt
SHG:603817
|
$308.83 Million |
|
Kenmare Resources plc
PINK:KMRPF
|
$308.63 Million |
|
Oneconnect Financial Technology Co
NYSE:OCFT
|
$308.62 Million |
|
Garware Technical Fibres Limited
NSE:GARFIBRES
|
$308.25 Million |
|
Xinjiang Ba Yi Iron & Steel Co Ltd
SHG:600581
|
$308.15 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shandong Rike Chemical's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,579,300,746 to 2,446,368,708, a change of -132,932,038 (-5.2%).
- Net loss of 68,161,215 reduced equity.
- Dividend payments of 53,545,731 reduced retained earnings.
- Share repurchases of 53,267,063 reduced equity.
- Other factors increased equity by 42,041,971.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-68.16 Million | -2.79% |
| Dividends Paid | CN¥53.55 Million | -2.19% |
| Share Repurchases | CN¥53.27 Million | -2.18% |
| Other Changes | CN¥42.04 Million | +1.72% |
| Total Change | CN¥- | -5.15% |
Book Value vs Market Value Analysis
This analysis compares Shandong Rike Chemical'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: 1.46x
- 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 17.93x to 1.46x 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¥0.44 | CN¥7.88 | x |
| 2008-12-31 | CN¥0.84 | CN¥7.88 | x |
| 2009-12-31 | CN¥0.67 | CN¥7.88 | x |
| 2010-12-31 | CN¥0.90 | CN¥7.88 | x |
| 2011-12-31 | CN¥2.84 | CN¥7.88 | x |
| 2012-12-31 | CN¥2.81 | CN¥7.88 | x |
| 2013-12-31 | CN¥2.98 | CN¥7.88 | x |
| 2014-12-31 | CN¥3.01 | CN¥7.88 | x |
| 2015-12-31 | CN¥3.20 | CN¥7.88 | x |
| 2016-12-31 | CN¥3.40 | CN¥7.88 | x |
| 2017-12-31 | CN¥3.84 | CN¥7.88 | x |
| 2018-12-31 | CN¥3.79 | CN¥7.88 | x |
| 2019-12-31 | CN¥4.11 | CN¥7.88 | x |
| 2020-12-31 | CN¥4.58 | CN¥7.88 | x |
| 2021-12-31 | CN¥5.08 | CN¥7.88 | x |
| 2022-12-31 | CN¥5.43 | CN¥7.88 | x |
| 2023-12-31 | CN¥5.49 | CN¥7.88 | x |
| 2024-12-31 | CN¥5.38 | CN¥7.88 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shandong Rike Chemical 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): -2.79%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.94%
- • Asset Turnover: 0.68x
- • Equity Multiplier: 2.12x
- Recent ROE (-2.79%) is below the historical average (9.77%), 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 | 12.89% | 2.87% | 1.84x | 2.44x | CN¥2.22 Million |
| 2008 | 15.42% | 5.57% | 1.55x | 1.79x | CN¥7.95 Million |
| 2009 | 27.03% | 11.28% | 1.40x | 1.71x | CN¥34.18 Million |
| 2010 | 29.87% | 10.36% | 1.76x | 1.64x | CN¥54.03 Million |
| 2011 | 9.47% | 10.28% | 0.79x | 1.16x | CN¥-5.73 Million |
| 2012 | 8.54% | 9.33% | 0.87x | 1.05x | CN¥-16.68 Million |
| 2013 | 4.71% | 5.54% | 0.73x | 1.17x | CN¥-62.40 Million |
| 2014 | 4.32% | 4.08% | 0.94x | 1.13x | CN¥-69.94 Million |
| 2015 | 8.13% | 7.53% | 0.92x | 1.18x | CN¥-24.72 Million |
| 2016 | 5.89% | 5.17% | 1.05x | 1.09x | CN¥-55.91 Million |
| 2017 | 5.98% | 4.52% | 1.21x | 1.09x | CN¥-63.82 Million |
| 2018 | 6.34% | 6.55% | 0.86x | 1.12x | CN¥-59.40 Million |
| 2019 | 10.21% | 7.35% | 1.17x | 1.18x | CN¥3.64 Million |
| 2020 | 10.77% | 9.10% | 1.00x | 1.18x | CN¥14.74 Million |
| 2021 | 8.05% | 6.86% | 0.96x | 1.22x | CN¥-45.93 Million |
| 2022 | 7.78% | 7.12% | 0.91x | 1.21x | CN¥-56.10 Million |
| 2023 | 3.28% | 3.33% | 0.64x | 1.53x | CN¥-173.30 Million |
| 2024 | -2.79% | -1.94% | 0.68x | 2.12x | CN¥-312.80 Million |
Industry Comparison
This section compares Shandong Rike Chemical's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $1,775,158,628
- Average return on equity (ROE) among peers: -19.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shandong Rike Chemical (300214) | CN¥2.54 Billion | 12.89% | 0.95x | $308.68 Million |
| Chongqing Sanxia Paints Co Ltd (000565) | $390.80 Million | 1.64% | 0.47x | $289.82 Million |
| Hengyi Petrochemical Co Ltd (000703) | $246.42 Million | -7.64% | 1.62x | $1.44 Billion |
| Guangdong Xinhui Meida Nylon Co Ltd (000782) | $472.56 Million | 10.49% | 1.13x | $361.89 Million |
| Luxi Chemical Group Co Ltd (000830) | $120.60 Million | 41.32% | 1.30x | $2.28 Billion |
| China Minmetals Rare Earth Co Ltd (000831) | $234.51 Million | -303.65% | 8.65x | $5.40 Billion |
| Anhui Guofeng Plastic Industry Co Ltd (000859) | $2.70 Billion | 10.47% | 0.21x | $884.45 Million |
| Cofco Biochemical Anhui Co Ltd (000930) | $11.76 Billion | 9.61% | 0.54x | $815.97 Million |
| Shandong Link Science and Technology Co Ltd (001207) | $441.43 Million | 14.99% | 1.14x | $330.19 Million |
| Zhejiang Bofay Elec Co Ltd (001255) | $742.80 Million | 1.78% | 0.61x | $169.49 Million |
| Guangdong Decro Film New (001378) | $647.89 Million | 29.53% | 0.22x | $241.78 Million |