Jiangsu Zhengdan Chemical Industry Co Ltd

SHE:300641 China Chemicals
Market Cap
$1.66 Billion
CN¥12.16 Billion CNY
Market Cap Rank
#8442 Global
#1604 in China
Share Price
CN¥23.13
Change (1 day)
+2.66%
52-Week Range
CN¥17.52 - CN¥28.82
All Time High
CN¥934363.57
About

Jiangsu Zhengdan Chemical Industry Co., Ltd. engages in the research, development, manufacture, and sale of environment-friendly materials and fine chemicals in China. Its products include vinyltoluene, a mixture of m-methylstyrene and p-methylstyrene, which is used in impregnating insulation paint, coating, and composite industries; and high-flash aromatic naphthas, used as a solvent and diluent… Read more

Jiangsu Zhengdan Chemical Industry Co Ltd (300641) - Net Assets

Latest net assets as of September 2025: CN¥3.16 Billion CNY

Based on the latest financial reports, Jiangsu Zhengdan Chemical Industry Co Ltd (300641) has net assets worth CN¥3.16 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¥3.23 Billion) and total liabilities (CN¥72.83 Million). 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¥3.16 Billion
% of Total Assets 97.75%
Annual Growth Rate 21.54%
5-Year Change 106.05%
10-Year Change 585.65%
Growth Volatility 41.21

Jiangsu Zhengdan Chemical Industry Co Ltd - Net Assets Trend (2012–2024)

This chart illustrates how Jiangsu Zhengdan Chemical Industry 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 Jiangsu Zhengdan Chemical Industry Co Ltd (2012–2024)

The table below shows the annual net assets of Jiangsu Zhengdan Chemical Industry Co Ltd from 2012 to 2024.

Year Net Assets Change
2024-12-31 CN¥2.80 Billion +82.63%
2023-12-31 CN¥1.53 Billion -0.65%
2022-12-31 CN¥1.54 Billion +2.55%
2021-12-31 CN¥1.50 Billion +10.74%
2020-12-31 CN¥1.36 Billion +2.51%
2019-12-31 CN¥1.33 Billion +1.59%
2018-12-31 CN¥1.30 Billion -0.45%
2017-12-31 CN¥1.31 Billion +141.48%
2016-12-31 CN¥542.83 Million +32.92%
2015-12-31 CN¥408.38 Million +19.74%
2014-12-31 CN¥341.06 Million +18.02%
2013-12-31 CN¥288.97 Million +7.21%
2012-12-31 CN¥269.54 Million --

Equity Component Analysis

This analysis shows how different components contribute to Jiangsu Zhengdan Chemical Industry 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 10584.3% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥1.30 Billion 46.60%
Common Stock CN¥532.68 Million 19.03%
Other Components CN¥962.41 Million 34.37%
Total Equity CN¥2.80 Billion 100.00%

Jiangsu Zhengdan Chemical Industry Co Ltd Competitors by Market Cap

The table below lists competitors of Jiangsu Zhengdan Chemical Industry Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Jiangsu Zhengdan Chemical Industry Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,533,180,342 to 2,799,876,256, a change of 1,266,695,914 (82.6%).
  • Net income of 1,189,892,500 contributed positively to equity growth.
  • Dividend payments of 227,912,329 reduced retained earnings.
  • Share repurchases of 28,409,732 reduced equity.
  • Other comprehensive income decreased equity by 1,545,941,513.
  • Other factors increased equity by 1,879,066,988.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥1.19 Billion +42.5%
Dividends Paid CN¥227.91 Million -8.14%
Share Repurchases CN¥28.41 Million -1.01%
Other Comprehensive Income CN¥-1.55 Billion -55.21%
Other Changes CN¥1.88 Billion +67.11%
Total Change CN¥- 82.62%

Book Value vs Market Value Analysis

This analysis compares Jiangsu Zhengdan Chemical Industry 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: 4.21x
  • 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 30.18x to 4.21x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2012-12-31 CN¥0.77 CN¥23.13 x
2013-12-31 CN¥0.80 CN¥23.13 x
2014-12-31 CN¥0.92 CN¥23.13 x
2015-12-31 CN¥1.11 CN¥23.13 x
2016-12-31 CN¥1.47 CN¥23.13 x
2017-12-31 CN¥2.91 CN¥23.13 x
2018-12-31 CN¥2.60 CN¥23.13 x
2019-12-31 CN¥2.73 CN¥23.13 x
2020-12-31 CN¥2.80 CN¥23.13 x
2021-12-31 CN¥3.10 CN¥23.13 x
2022-12-31 CN¥3.16 CN¥23.13 x
2023-12-31 CN¥3.11 CN¥23.13 x
2024-12-31 CN¥5.50 CN¥23.13 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Jiangsu Zhengdan Chemical Industry 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): 42.50%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 34.19%
  • • Asset Turnover: 1.13x
  • • Equity Multiplier: 1.10x
  • Recent ROE (42.50%) is above the historical average (12.20%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2012 5.37% 2.27% 1.03x 2.29x CN¥-12.47 Million
2013 6.59% 3.01% 0.88x 2.48x CN¥-9.86 Million
2014 15.29% 6.17% 1.23x 2.01x CN¥18.06 Million
2015 33.79% 12.53% 1.38x 1.95x CN¥97.17 Million
2016 24.77% 13.60% 1.16x 1.57x CN¥80.17 Million
2017 8.24% 9.24% 0.76x 1.18x CN¥-23.02 Million
2018 4.62% 4.99% 0.75x 1.23x CN¥-70.15 Million
2019 3.05% 3.09% 0.77x 1.27x CN¥-92.12 Million
2020 3.16% 3.26% 0.79x 1.23x CN¥-92.89 Million
2021 6.94% 5.94% 0.78x 1.50x CN¥-46.01 Million
2022 3.62% 2.90% 0.87x 1.44x CN¥-98.49 Million
2023 0.64% 0.64% 0.70x 1.44x CN¥-143.44 Million
2024 42.50% 34.19% 1.13x 1.10x CN¥909.90 Million

Industry Comparison

This section compares Jiangsu Zhengdan Chemical Industry 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
Jiangsu Zhengdan Chemical Industry Co Ltd (300641) CN¥3.16 Billion 5.37% 0.02x $759.51 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