Jiangsu Zhengdan Chemical Industry Co Ltd (300641) - Net Assets
Based on the latest financial reports, Jiangsu Zhengdan Chemical Industry Co Ltd (300641) has net assets worth CN¥3.16 Billion CNY (≈ $462.56 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¥3.23 Billion ≈ $473.22 Million USD) and total liabilities (CN¥72.83 Million ≈ $10.66 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 Jiangsu Zhengdan Chemical Industry Co Lt's assets to evaluate the company's liquid asset resilience ratio.
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. Also explore Jiangsu Zhengdan Chemical Industry Co Lt (300641) total assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see Jiangsu Zhengdan Chemical Industry Co Lt stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.80 Billion ≈ $409.73 Million |
+82.63% |
| 2023-12-31 | CN¥1.53 Billion ≈ $224.35 Million |
-0.65% |
| 2022-12-31 | CN¥1.54 Billion ≈ $225.82 Million |
+2.55% |
| 2021-12-31 | CN¥1.50 Billion ≈ $220.21 Million |
+10.74% |
| 2020-12-31 | CN¥1.36 Billion ≈ $198.85 Million |
+2.51% |
| 2019-12-31 | CN¥1.33 Billion ≈ $193.99 Million |
+1.59% |
| 2018-12-31 | CN¥1.30 Billion ≈ $190.95 Million |
-0.45% |
| 2017-12-31 | CN¥1.31 Billion ≈ $191.81 Million |
+141.48% |
| 2016-12-31 | CN¥542.83 Million ≈ $79.43 Million |
+32.92% |
| 2015-12-31 | CN¥408.38 Million ≈ $59.76 Million |
+19.74% |
| 2014-12-31 | CN¥341.06 Million ≈ $49.91 Million |
+18.02% |
| 2013-12-31 | CN¥288.97 Million ≈ $42.29 Million |
+7.21% |
| 2012-12-31 | CN¥269.54 Million ≈ $39.44 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.
| Company | Market Cap |
|---|---|
|
HBM HLDGS LTD DL-000025
F:6XY
|
$1.35 Billion |
|
Wolverine World Wide Inc
NYSE:WWW
|
$1.35 Billion |
|
FERRETTI S.P.A. O.N.
F:F3T1
|
$1.35 Billion |
|
Shenzhen Minglida Precision Technology Co. Ltd.
SHE:301268
|
$1.35 Billion |
|
TheRealReal Inc
NASDAQ:REAL
|
$1.35 Billion |
|
Haima Automobile Group Co Ltd
SHE:000572
|
$1.35 Billion |
|
Supreme Electronics Co Ltd
TW:8112
|
$1.34 Billion |
|
Altus Group Limited
TO:AIF
|
$1.34 Billion |
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: 3.18x
- 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 22.83x to 3.18x 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¥17.50 | x |
| 2013-12-31 | CN¥0.80 | CN¥17.50 | x |
| 2014-12-31 | CN¥0.93 | CN¥17.50 | x |
| 2015-12-31 | CN¥1.11 | CN¥17.50 | x |
| 2016-12-31 | CN¥1.47 | CN¥17.50 | x |
| 2017-12-31 | CN¥2.91 | CN¥17.50 | x |
| 2018-12-31 | CN¥2.60 | CN¥17.50 | x |
| 2019-12-31 | CN¥2.62 | CN¥17.50 | x |
| 2020-12-31 | CN¥2.84 | CN¥17.50 | x |
| 2021-12-31 | CN¥3.02 | CN¥17.50 | x |
| 2022-12-31 | CN¥3.04 | CN¥17.50 | x |
| 2023-12-31 | CN¥3.11 | CN¥17.50 | x |
| 2024-12-31 | CN¥5.51 | CN¥17.50 | 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: $2,526,275,526
- Average return on equity (ROE) among peers: 14.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangsu Zhengdan Chemical Industry Co Ltd (300641) | CN¥3.16 Billion | 5.37% | 0.02x | $1.35 Billion |
| 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 Jiangsu Zhengdan Chemical Industry Co Ltd
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