Shandong Jincheng Pharmaceutical and Chemical Co Ltd

SHE:300233 China Chemicals
Market Cap
$777.98 Million
CN¥5.71 Billion CNY
Market Cap Rank
#9859 Global
#2093 in China
Share Price
CN¥14.87
Change (1 day)
-1.39%
52-Week Range
CN¥13.99 - CN¥21.80
All Time High
CN¥40.87
About

Shandong Jincheng Pharmaceutical Group Co., Ltd researches and develops, produces, markets, and sells Cephalosporin intermediates in China and internationally. It offers medical intermediate, animal nutrition, health care, CMO, CDMO, pharmaceuticals, API, finished dosage, and fine chemicals. Shandong Jincheng Pharmaceutical Group Co., Ltd was founded in 2004 and is based in Zibo, China.

Shandong Jincheng Pharmaceutical and Chemical Co Ltd (300233) - Net Assets

Latest net assets as of September 2025: CN¥3.72 Billion CNY

Based on the latest financial reports, Shandong Jincheng Pharmaceutical and Chemical Co Ltd (300233) has net assets worth CN¥3.72 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¥5.14 Billion) and total liabilities (CN¥1.42 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¥3.72 Billion
% of Total Assets 72.31%
Annual Growth Rate 19.67%
5-Year Change 10.52%
10-Year Change 192.45%
Growth Volatility 51.15

Shandong Jincheng Pharmaceutical and Chemical Co Ltd - Net Assets Trend (2008–2024)

This chart illustrates how Shandong Jincheng Pharmaceutical and Chemical Co Ltd'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 Jincheng Pharmaceutical and Chemical Co Ltd (2008–2024)

The table below shows the annual net assets of Shandong Jincheng Pharmaceutical and Chemical Co Ltd from 2008 to 2024.

Year Net Assets Change
2024-12-31 CN¥3.83 Billion +1.35%
2023-12-31 CN¥3.78 Billion +3.33%
2022-12-31 CN¥3.66 Billion +6.39%
2021-12-31 CN¥3.44 Billion -0.80%
2020-12-31 CN¥3.47 Billion -15.12%
2019-12-31 CN¥4.08 Billion -0.08%
2018-12-31 CN¥4.09 Billion +3.82%
2017-12-31 CN¥3.94 Billion +161.78%
2016-12-31 CN¥1.50 Billion +14.79%
2015-12-31 CN¥1.31 Billion +17.34%
2014-12-31 CN¥1.12 Billion +9.30%
2013-12-31 CN¥1.02 Billion +4.73%
2012-12-31 CN¥975.57 Million +1.74%
2011-12-31 CN¥958.84 Million +155.46%
2010-12-31 CN¥375.33 Million +33.32%
2009-12-31 CN¥281.53 Million +30.04%
2008-12-31 CN¥216.49 Million --

Equity Component Analysis

This analysis shows how different components contribute to Shandong Jincheng Pharmaceutical and 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 1799.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥904.84 Million 24.02%
Common Stock CN¥383.88 Million 10.19%
Other Comprehensive Income CN¥205.58 Million 5.46%
Other Components CN¥2.27 Billion 60.33%
Total Equity CN¥3.77 Billion 100.00%

Shandong Jincheng Pharmaceutical and Chemical Co Ltd Competitors by Market Cap

The table below lists competitors of Shandong Jincheng Pharmaceutical and Chemical Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Shandong Jincheng Pharmaceutical and Chemical Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 3,714,134,000 to 3,766,982,000, a change of 52,848,000 (1.4%).
  • Net income of 196,781,000 contributed positively to equity growth.
  • Dividend payments of 131,671,000 reduced retained earnings.
  • Share repurchases of 55,009,170 reduced equity.
  • Other comprehensive income increased equity by 205,575,793.
  • Other factors decreased equity by 162,828,623.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥196.78 Million +5.22%
Dividends Paid CN¥131.67 Million -3.5%
Share Repurchases CN¥55.01 Million -1.46%
Other Comprehensive Income CN¥205.58 Million +5.46%
Other Changes CN¥-162.83 Million -4.32%
Total Change CN¥- 1.42%

Book Value vs Market Value Analysis

This analysis compares Shandong Jincheng Pharmaceutical and 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: 1.50x
  • 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 12.50x to 1.50x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2008-12-31 CN¥1.19 CN¥14.87 x
2009-12-31 CN¥1.56 CN¥14.87 x
2010-12-31 CN¥2.08 CN¥14.87 x
2011-12-31 CN¥4.54 CN¥14.87 x
2012-12-31 CN¥3.99 CN¥14.87 x
2013-12-31 CN¥4.19 CN¥14.87 x
2014-12-31 CN¥4.52 CN¥14.87 x
2015-12-31 CN¥5.14 CN¥14.87 x
2016-12-31 CN¥5.68 CN¥14.87 x
2017-12-31 CN¥10.39 CN¥14.87 x
2018-12-31 CN¥10.18 CN¥14.87 x
2019-12-31 CN¥10.40 CN¥14.87 x
2020-12-31 CN¥8.86 CN¥14.87 x
2021-12-31 CN¥8.80 CN¥14.87 x
2022-12-31 CN¥9.37 CN¥14.87 x
2023-12-31 CN¥9.68 CN¥14.87 x
2024-12-31 CN¥9.93 CN¥14.87 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shandong Jincheng Pharmaceutical and 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): 5.22%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 5.83%
  • • Asset Turnover: 0.60x
  • • Equity Multiplier: 1.49x
  • Recent ROE (5.22%) is below the historical average (9.29%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2008 25.22% 9.42% 0.91x 2.94x CN¥32.39 Million
2009 28.90% 13.91% 0.84x 2.46x CN¥53.20 Million
2010 27.87% 13.78% 0.79x 2.55x CN¥67.09 Million
2011 5.84% 7.10% 0.56x 1.46x CN¥-39.89 Million
2012 4.27% 5.21% 0.54x 1.51x CN¥-55.95 Million
2013 6.32% 7.11% 0.58x 1.54x CN¥-37.57 Million
2014 9.73% 10.34% 0.59x 1.60x CN¥-2.97 Million
2015 13.23% 14.51% 0.59x 1.54x CN¥41.73 Million
2016 11.09% 11.22% 0.63x 1.57x CN¥15.72 Million
2017 7.41% 10.27% 0.57x 1.27x CN¥-100.13 Million
2018 6.58% 8.77% 0.57x 1.32x CN¥-137.08 Million
2019 5.00% 7.27% 0.50x 1.38x CN¥-203.13 Million
2020 -14.22% -16.50% 0.59x 1.45x CN¥-832.64 Million
2021 3.18% 3.44% 0.59x 1.55x CN¥-231.46 Million
2022 7.58% 7.80% 0.60x 1.62x CN¥-87.38 Million
2023 4.70% 4.94% 0.60x 1.59x CN¥-196.70 Million
2024 5.22% 5.83% 0.60x 1.49x CN¥-179.92 Million

Industry Comparison

This section compares Shandong Jincheng Pharmaceutical and Chemical Co Ltd's net assets metrics with peer companies in the Chemicals industry.

Industry Context

  • Industry: Chemicals
  • Average net assets among peers: $2,626,916,213
  • Average return on equity (ROE) among peers: 12.41%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shandong Jincheng Pharmaceutical and Chemical Co Ltd (300233) CN¥3.72 Billion 25.22% 0.38x $542.91 Million
North Huajin Chemical Industries Co Ltd (000059) $6.22 Billion 3.15% 2.45x $677.73 Million
Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) $1.22 Billion 8.90% 0.47x $2.89 Billion
Zangge Holding Co Ltd (000408) $13.85 Billion 18.63% 0.09x $11.87 Billion
Sichuan Jinlu Group Co Ltd (000510) $31.03 Million 11.65% 3.42x $1.15 Billion
Jilin Gpro Titanium Industry Co Ltd (000545) $258.76 Million 6.78% 0.30x $423.89 Million
Aoyuan Beauty Valley Technology Co Ltd (000615) $54.68 Million 39.27% 1.16x $225.85 Million
Ningxia Younglight Chemicals Co Ltd (000635) $184.46 Million 13.30% 2.58x $295.21 Million
Maoming Petro-Chemical Shihua Co Ltd (000637) $691.87 Million 1.61% 0.02x $187.22 Million
Shenyang Chemical Industry Co Ltd (000698) $3.01 Billion 7.14% 1.28x $240.44 Million
Hubei Shuanghuan Science and Technology Stock Co Ltd (000707) $759.12 Million 13.65% 0.22x $412.94 Million