Puyang Huicheng Electronic Material Co Ltd (300481) - Net Assets
Based on the latest financial reports, Puyang Huicheng Electronic Material Co Ltd (300481) has net assets worth CN¥2.40 Billion CNY (≈ $351.66 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¥2.99 Billion ≈ $438.01 Million USD) and total liabilities (CN¥590.11 Million ≈ $86.35 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 how resilient are Puyang Huicheng Electronic Material Co L's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.40 Billion |
| % of Total Assets | 80.29% |
| Annual Growth Rate | 26.29% |
| 5-Year Change | 140.82% |
| 10-Year Change | 457.83% |
| Growth Volatility | 30.44 |
Puyang Huicheng Electronic Material Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Puyang Huicheng Electronic Material Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Puyang Huicheng Electronic Material Co L for the complete picture of this company's asset base.
Annual Net Assets for Puyang Huicheng Electronic Material Co Ltd (2011–2024)
The table below shows the annual net assets of Puyang Huicheng Electronic Material Co Ltd from 2011 to 2024. For live valuation and market cap data, see Puyang Huicheng Electronic Material Co L (300481) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.41 Billion ≈ $352.89 Million |
-1.40% |
| 2023-12-31 | CN¥2.45 Billion ≈ $357.91 Million |
+5.43% |
| 2022-12-31 | CN¥2.32 Billion ≈ $339.46 Million |
+16.30% |
| 2021-12-31 | CN¥1.99 Billion ≈ $291.89 Million |
+99.19% |
| 2020-12-31 | CN¥1.00 Billion ≈ $146.54 Million |
+15.30% |
| 2019-12-31 | CN¥868.54 Million ≈ $127.09 Million |
+12.98% |
| 2018-12-31 | CN¥768.79 Million ≈ $112.50 Million |
+49.08% |
| 2017-12-31 | CN¥515.70 Million ≈ $75.46 Million |
+12.64% |
| 2016-12-31 | CN¥457.81 Million ≈ $66.99 Million |
+5.90% |
| 2015-12-31 | CN¥432.31 Million ≈ $63.26 Million |
+88.54% |
| 2014-12-31 | CN¥229.30 Million ≈ $33.55 Million |
+13.30% |
| 2013-12-31 | CN¥202.38 Million ≈ $29.61 Million |
+28.84% |
| 2012-12-31 | CN¥157.07 Million ≈ $22.98 Million |
+35.39% |
| 2011-12-31 | CN¥116.02 Million ≈ $16.98 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Puyang Huicheng Electronic Material 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 5020.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.01 Billion | 41.99% |
| Common Stock | CN¥295.70 Million | 12.26% |
| Other Components | CN¥1.10 Billion | 45.75% |
| Total Equity | CN¥2.41 Billion | 100.00% |
Puyang Huicheng Electronic Material Co Ltd Competitors by Market Cap
The table below lists competitors of Puyang Huicheng Electronic Material Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CTO Realty Growth Inc
NYSE:CTO
|
$623.55 Million |
|
SÜSS MicroTec SE
F:SMHN
|
$623.55 Million |
|
Phat Dat Real Estate Development Corp
VN:PDR
|
$623.63 Million |
|
Hangzhou Huasu Technology Co. Ltd. A
SHE:301157
|
$623.64 Million |
|
Kura Sushi USA Inc
NASDAQ:KRUS
|
$623.46 Million |
|
Himalaya Shipping Ltd
OL:HSHP
|
$623.43 Million |
|
HANSEN TECHNOLOGIES LTD.
F:H2T
|
$623.43 Million |
|
Performant Healthcare, Inc
NASDAQ:PHLT
|
$623.41 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Puyang Huicheng Electronic Material Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,446,231,927 to 2,411,952,179, a change of -34,279,748 (-1.4%).
- Net income of 191,551,964 contributed positively to equity growth.
- Dividend payments of 180,960,439 reduced retained earnings.
- Share repurchases of 59,019,726 reduced equity.
- Other comprehensive income decreased equity by 132,036,297.
- Other factors increased equity by 146,184,750.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥191.55 Million | +7.94% |
| Dividends Paid | CN¥180.96 Million | -7.5% |
| Share Repurchases | CN¥59.02 Million | -2.45% |
| Other Comprehensive Income | CN¥-132.04 Million | -5.47% |
| Other Changes | CN¥146.18 Million | +6.06% |
| Total Change | CN¥- | -1.40% |
Book Value vs Market Value Analysis
This analysis compares Puyang Huicheng Electronic Material 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: 1.78x
- 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 21.88x to 1.78x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥0.67 | CN¥14.60 | x |
| 2012-12-31 | CN¥0.88 | CN¥14.60 | x |
| 2013-12-31 | CN¥1.12 | CN¥14.60 | x |
| 2014-12-31 | CN¥1.27 | CN¥14.60 | x |
| 2015-12-31 | CN¥2.06 | CN¥14.60 | x |
| 2016-12-31 | CN¥1.93 | CN¥14.60 | x |
| 2017-12-31 | CN¥2.14 | CN¥14.60 | x |
| 2018-12-31 | CN¥3.04 | CN¥14.60 | x |
| 2019-12-31 | CN¥3.40 | CN¥14.60 | x |
| 2020-12-31 | CN¥3.90 | CN¥14.60 | x |
| 2021-12-31 | CN¥7.18 | CN¥14.60 | x |
| 2022-12-31 | CN¥7.86 | CN¥14.60 | x |
| 2023-12-31 | CN¥8.32 | CN¥14.60 | x |
| 2024-12-31 | CN¥8.22 | CN¥14.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Puyang Huicheng Electronic Material 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): 7.94%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.58%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 1.17x
- Recent ROE (7.94%) is below the historical average (16.62%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 26.97% | 11.60% | 1.87x | 1.24x | CN¥19.69 Million |
| 2012 | 29.28% | 12.30% | 1.89x | 1.26x | CN¥30.28 Million |
| 2013 | 23.54% | 12.14% | 1.48x | 1.31x | CN¥27.41 Million |
| 2014 | 13.88% | 8.47% | 1.17x | 1.40x | CN¥8.89 Million |
| 2015 | 13.30% | 16.42% | 0.76x | 1.07x | CN¥14.26 Million |
| 2016 | 14.19% | 17.27% | 0.72x | 1.14x | CN¥19.17 Million |
| 2017 | 14.48% | 13.71% | 0.85x | 1.24x | CN¥22.96 Million |
| 2018 | 13.80% | 16.61% | 0.70x | 1.19x | CN¥29.11 Million |
| 2019 | 16.77% | 21.35% | 0.70x | 1.13x | CN¥58.67 Million |
| 2020 | 17.97% | 19.68% | 0.85x | 1.08x | CN¥79.65 Million |
| 2021 | 12.67% | 18.14% | 0.66x | 1.06x | CN¥53.18 Million |
| 2022 | 18.20% | 26.44% | 0.57x | 1.21x | CN¥190.29 Million |
| 2023 | 9.61% | 17.05% | 0.49x | 1.15x | CN¥-9.50 Million |
| 2024 | 7.94% | 13.58% | 0.50x | 1.17x | CN¥-49.64 Million |
Industry Comparison
This section compares Puyang Huicheng Electronic Material 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 |
|---|---|---|---|---|
| Puyang Huicheng Electronic Material Co Ltd (300481) | CN¥2.40 Billion | 26.97% | 0.25x | $623.53 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 Puyang Huicheng Electronic Material Co Ltd
Puyang Huicheng Electronic Material Co., Ltd. engages in the research, production, and trade of acid anhydrides and other functional material intermediates in China. The company offers acid anhydride products, including tetrahydrophthalic, hexahydrophthalic, methyltrahydrophthalic, methylhexahydrophthalic, nadic, methyl nadic, and other anhydrides. It also provides esters, acids, amines, and othe… Read more