Aba Chemicals Corp
ABA Chemicals Corporation engages in the research and development, and production of plant protection, pharmaceutical intermediates, and nutritional and health products worldwide. The company offers plant protection products, such as plant growth regulator, herbicides, insecticide, and bactericide; pharmaceutical products, including pesticide and pharmaceutical intermediates; and nutrition produc… Read more
Aba Chemicals Corp (300261) - Net Assets
Latest net assets as of September 2025: CN¥2.13 Billion CNY
Based on the latest financial reports, Aba Chemicals Corp (300261) has net assets worth CN¥2.13 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¥4.15 Billion) and total liabilities (CN¥2.01 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¥2.13 Billion |
| % of Total Assets | 51.47% |
| Annual Growth Rate | 28.06% |
| 5-Year Change | -0.95% |
| 10-Year Change | 183.56% |
| Growth Volatility | 105.59 |
Aba Chemicals Corp - Net Assets Trend (2008–2024)
This chart illustrates how Aba Chemicals Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Aba Chemicals Corp (2008–2024)
The table below shows the annual net assets of Aba Chemicals Corp from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.14 Billion | -11.70% |
| 2023-12-31 | CN¥2.43 Billion | -3.27% |
| 2022-12-31 | CN¥2.51 Billion | +9.70% |
| 2021-12-31 | CN¥2.29 Billion | +5.70% |
| 2020-12-31 | CN¥2.16 Billion | +4.18% |
| 2019-12-31 | CN¥2.08 Billion | -0.03% |
| 2018-12-31 | CN¥2.08 Billion | +6.44% |
| 2017-12-31 | CN¥1.95 Billion | +85.64% |
| 2016-12-31 | CN¥1.05 Billion | +39.12% |
| 2015-12-31 | CN¥756.00 Million | +6.70% |
| 2014-12-31 | CN¥708.55 Million | +11.47% |
| 2013-12-31 | CN¥635.64 Million | +2.40% |
| 2012-12-31 | CN¥620.73 Million | +3.70% |
| 2011-12-31 | CN¥598.57 Million | +440.16% |
| 2010-12-31 | CN¥110.81 Million | +55.75% |
| 2009-12-31 | CN¥71.15 Million | +73.58% |
| 2008-12-31 | CN¥40.99 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Aba Chemicals Corp'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 2517.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥284.76 Million | 14.19% |
| Common Stock | CN¥963.31 Million | 48.00% |
| Other Comprehensive Income | CN¥74.05 Million | 3.69% |
| Other Components | CN¥684.77 Million | 34.12% |
| Total Equity | CN¥2.01 Billion | 100.00% |
Aba Chemicals Corp Competitors by Market Cap
The table below lists competitors of Aba Chemicals Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fujian Rongji Software Co Ltd
SHE:002474
|
$562.36 Million |
|
BELRISE INDUSTRIES LTD
NSE:BELRISE
|
$562.62 Million |
|
Nanjing Sciyon Automation Group Co Ltd
SHE:002380
|
$563.18 Million |
|
Shanghai Huitong Energy Co Ltd
SHG:600605
|
$563.19 Million |
|
Green Cross Corp
KO:006280
|
$561.92 Million |
|
LandOcean Energy Services Co
SHE:300157
|
$561.90 Million |
|
SZZT Electronics Co Ltd
SHE:002197
|
$561.55 Million |
|
ITMAX System Berhad
KLSE:5309
|
$561.42 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Aba Chemicals Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,274,817,267 to 2,006,889,890, a change of -267,927,377 (-11.8%).
- Net loss of 257,702,742 reduced equity.
- Dividend payments of 82,467,909 reduced retained earnings.
- Other comprehensive income increased equity by 271,816.
- Other factors increased equity by 71,971,458.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-257.70 Million | -12.84% |
| Dividends Paid | CN¥82.47 Million | -4.11% |
| Other Comprehensive Income | CN¥271.82K | +0.01% |
| Other Changes | CN¥71.97 Million | +3.59% |
| Total Change | CN¥- | -11.78% |
Book Value vs Market Value Analysis
This analysis compares Aba Chemicals Corp'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: 3.37x
- 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 42.17x to 3.37x 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¥0.17 | CN¥7.09 | x |
| 2009-12-31 | CN¥0.29 | CN¥7.09 | x |
| 2010-12-31 | CN¥0.19 | CN¥7.09 | x |
| 2011-12-31 | CN¥0.96 | CN¥7.09 | x |
| 2012-12-31 | CN¥0.81 | CN¥7.09 | x |
| 2013-12-31 | CN¥0.83 | CN¥7.09 | x |
| 2014-12-31 | CN¥1.15 | CN¥7.09 | x |
| 2015-12-31 | CN¥0.93 | CN¥7.09 | x |
| 2016-12-31 | CN¥1.26 | CN¥7.09 | x |
| 2017-12-31 | CN¥2.23 | CN¥7.09 | x |
| 2018-12-31 | CN¥2.06 | CN¥7.09 | x |
| 2019-12-31 | CN¥2.05 | CN¥7.09 | x |
| 2020-12-31 | CN¥2.15 | CN¥7.09 | x |
| 2021-12-31 | CN¥2.28 | CN¥7.09 | x |
| 2022-12-31 | CN¥2.50 | CN¥7.09 | x |
| 2023-12-31 | CN¥2.38 | CN¥7.09 | x |
| 2024-12-31 | CN¥2.10 | CN¥7.09 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Aba Chemicals Corp 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): -12.84%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -21.44%
- • Asset Turnover: 0.30x
- • Equity Multiplier: 2.00x
- Recent ROE (-12.84%) is below the historical average (9.84%), 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 | 30.89% | 13.65% | 0.81x | 2.80x | CN¥8.56 Million |
| 2009 | 36.33% | 15.80% | 1.04x | 2.21x | CN¥18.73 Million |
| 2010 | 35.80% | 21.53% | 0.96x | 1.72x | CN¥28.59 Million |
| 2011 | 7.41% | 19.28% | 0.36x | 1.07x | CN¥-15.48 Million |
| 2012 | 7.95% | 16.38% | 0.45x | 1.07x | CN¥-12.70 Million |
| 2013 | 6.91% | 10.69% | 0.46x | 1.39x | CN¥-19.63 Million |
| 2014 | 7.49% | 9.60% | 0.40x | 1.95x | CN¥-16.94 Million |
| 2015 | 8.50% | 9.76% | 0.40x | 2.19x | CN¥-10.84 Million |
| 2016 | 1.60% | 2.45% | 0.35x | 1.87x | CN¥-84.92 Million |
| 2017 | 3.83% | 6.06% | 0.38x | 1.67x | CN¥-117.90 Million |
| 2018 | 8.09% | 8.90% | 0.50x | 1.83x | CN¥-38.03 Million |
| 2019 | 4.14% | 4.91% | 0.47x | 1.82x | CN¥-115.53 Million |
| 2020 | 7.85% | 8.04% | 0.51x | 1.93x | CN¥-44.08 Million |
| 2021 | 8.36% | 8.78% | 0.54x | 1.75x | CN¥-35.59 Million |
| 2022 | 8.50% | 10.14% | 0.50x | 1.68x | CN¥-35.81 Million |
| 2023 | -3.62% | -6.43% | 0.31x | 1.82x | CN¥-309.78 Million |
| 2024 | -12.84% | -21.44% | 0.30x | 2.00x | CN¥-458.39 Million |
Industry Comparison
This section compares Aba Chemicals Corp's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $5,113,169,923
- Average return on equity (ROE) among peers: 134.71%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Aba Chemicals Corp (300261) | CN¥2.13 Billion | 30.89% | 0.94x | $562.07 Million |
| North Huajin Chemical Industries Co Ltd (000059) | $6.02 Billion | 6.39% | 1.78x | $667.34 Million |
| Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) | $37.47 Billion | -6.13% | 4.45x | $2.93 Billion |
| Zangge Holding Co Ltd (000408) | $77.02 Million | 1290.57% | 5.02x | $11.50 Billion |
| Sichuan Jinlu Group Co Ltd (000510) | $610.23 Million | -19.65% | 0.75x | $1.15 Billion |
| Jilin Gpro Titanium Industry Co Ltd (000545) | $313.50 Million | 0.80% | 0.55x | $406.72 Million |
| Aoyuan Beauty Valley Technology Co Ltd (000615) | $54.68 Million | 39.27% | 1.16x | $222.39 Million |
| Ningxia Younglight Chemicals Co Ltd (000635) | $31.53 Million | 19.31% | 2.12x | $292.93 Million |
| Maoming Petro-Chemical Shihua Co Ltd (000637) | $527.87 Million | 11.23% | 0.11x | $184.51 Million |
| Shenyang Chemical Industry Co Ltd (000698) | $3.87 Billion | 4.85% | 1.49x | $239.27 Million |
| Hubei Shuanghuan Science and Technology Stock Co Ltd (000707) | $2.15 Billion | 0.42% | 2.92x | $403.51 Million |