Taihe Technologies (300801) - Net Assets
Based on the latest financial reports, Taihe Technologies (300801) has net assets worth CN¥2.59 Billion CNY (≈ $378.42 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.13 Billion ≈ $458.35 Million USD) and total liabilities (CN¥546.18 Million ≈ $79.92 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 Taihe Technologies PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.59 Billion |
| % of Total Assets | 82.56% |
| Annual Growth Rate | 23.61% |
| 5-Year Change | 18.0% |
| 10-Year Change | 459.52% |
| Growth Volatility | 35.16 |
Taihe Technologies - Net Assets Trend (2012–2025)
This chart illustrates how Taihe Technologies's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Taihe Technologies market cap and net worth.
Annual Net Assets for Taihe Technologies (2012–2025)
The table below shows the annual net assets of Taihe Technologies from 2012 to 2025. Also explore Taihe Technologies (300801) equity growth momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥2.50 Billion ≈ $365.33 Million |
+3.10% |
| 2024-12-31 | CN¥2.42 Billion ≈ $354.35 Million |
+2.12% |
| 2023-12-31 | CN¥2.37 Billion ≈ $347.01 Million |
-0.12% |
| 2022-12-31 | CN¥2.37 Billion ≈ $347.43 Million |
+12.22% |
| 2021-12-31 | CN¥2.12 Billion ≈ $309.61 Million |
+13.23% |
| 2020-12-31 | CN¥1.87 Billion ≈ $273.44 Million |
+7.78% |
| 2019-12-31 | CN¥1.73 Billion ≈ $253.70 Million |
+141.37% |
| 2018-12-31 | CN¥718.32 Million ≈ $105.11 Million |
+31.89% |
| 2017-12-31 | CN¥544.62 Million ≈ $79.70 Million |
+22.06% |
| 2016-12-31 | CN¥446.21 Million ≈ $65.29 Million |
+17.68% |
| 2015-12-31 | CN¥379.16 Million ≈ $55.48 Million |
+33.94% |
| 2014-12-31 | CN¥283.08 Million ≈ $41.42 Million |
+30.72% |
| 2013-12-31 | CN¥216.56 Million ≈ $31.69 Million |
+36.38% |
| 2012-12-31 | CN¥158.79 Million ≈ $23.24 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Taihe Technologies'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 1571.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.23 Billion | 49.30% |
| Other Components | CN¥1.27 Billion | 50.70% |
| Total Equity | CN¥2.50 Billion | 100.00% |
Taihe Technologies Competitors by Market Cap
The table below lists competitors of Taihe Technologies ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Diagnósticos da América S.A
SA:DASA3
|
$696.45 Million |
|
Manitou BF S.A.
PA:MTU
|
$696.47 Million |
|
Admie Holding S.A
AT:ADMIE
|
$696.51 Million |
|
Sunmax Biotechnology Co Ltd
TWO:4728
|
$696.65 Million |
|
Oscotec Inc
KQ:039200
|
$696.07 Million |
|
Interfor Corp
TO:IFP
|
$696.02 Million |
|
PennantPark Floating Rate Capital Ltd
NYSE:PFLT
|
$695.52 Million |
|
V-Mart Retail Limited
NSE:VMART
|
$695.48 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Taihe Technologies's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,421,576,301 to 2,496,606,086, a change of 75,029,785 (3.1%).
- Net income of 74,861,813 contributed positively to equity growth.
- Dividend payments of 21,530,410 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥74.86 Million | +3.0% |
| Dividends Paid | CN¥21.53 Million | -0.86% |
| Other Changes | CN¥21.70 Million | +0.87% |
| Total Change | CN¥- | 3.10% |
Book Value vs Market Value Analysis
This analysis compares Taihe Technologies'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: 1.91x
- 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 18.66x to 1.91x 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¥1.17 | CN¥21.78 | x |
| 2013-12-31 | CN¥1.59 | CN¥21.78 | x |
| 2014-12-31 | CN¥2.08 | CN¥21.78 | x |
| 2015-12-31 | CN¥2.54 | CN¥21.78 | x |
| 2016-12-31 | CN¥2.75 | CN¥21.78 | x |
| 2017-12-31 | CN¥3.36 | CN¥21.78 | x |
| 2018-12-31 | CN¥4.43 | CN¥21.78 | x |
| 2019-12-31 | CN¥10.41 | CN¥21.78 | x |
| 2020-12-31 | CN¥8.65 | CN¥21.78 | x |
| 2021-12-31 | CN¥9.80 | CN¥21.78 | x |
| 2022-12-31 | CN¥10.97 | CN¥21.78 | x |
| 2023-12-31 | CN¥11.18 | CN¥21.78 | x |
| 2024-12-31 | CN¥11.40 | CN¥21.78 | x |
| 2025-12-31 | CN¥11.43 | CN¥21.78 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Taihe Technologies 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): 3.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.66%
- • Asset Turnover: 0.90x
- • Equity Multiplier: 1.25x
- Recent ROE (3.00%) is below the historical average (14.47%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 26.36% | 7.56% | 2.18x | 1.60x | CN¥25.97 Million |
| 2013 | 17.35% | 6.01% | 2.07x | 1.39x | CN¥15.91 Million |
| 2014 | 23.65% | 7.37% | 1.89x | 1.70x | CN¥38.65 Million |
| 2015 | 12.06% | 5.07% | 1.51x | 1.58x | CN¥7.79 Million |
| 2016 | 14.99% | 7.46% | 1.39x | 1.45x | CN¥22.25 Million |
| 2017 | 18.11% | 8.83% | 1.47x | 1.40x | CN¥44.20 Million |
| 2018 | 25.91% | 14.95% | 1.29x | 1.34x | CN¥114.29 Million |
| 2019 | 9.90% | 13.78% | 0.64x | 1.12x | CN¥-1.76 Million |
| 2020 | 10.45% | 12.77% | 0.72x | 1.14x | CN¥8.33 Million |
| 2021 | 13.16% | 12.61% | 0.86x | 1.21x | CN¥66.89 Million |
| 2022 | 16.74% | 14.58% | 0.94x | 1.22x | CN¥160.17 Million |
| 2023 | 5.98% | 6.43% | 0.71x | 1.31x | CN¥-95.30 Million |
| 2024 | 4.98% | 5.11% | 0.71x | 1.37x | CN¥-121.58 Million |
| 2025 | 3.00% | 2.66% | 0.90x | 1.25x | CN¥-174.80 Million |
Industry Comparison
This section compares Taihe Technologies's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $818,406,996
- Average return on equity (ROE) among peers: -0.71%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Taihe Technologies (300801) | CN¥2.59 Billion | 26.36% | 0.21x | $696.16 Million |
| North Huajin Chemical Industries Co Ltd (000059) | $1.81 Billion | 5.56% | 1.48x | $1.26 Billion |
| Sichuan Chemical Co Ltd (000155) | $1.94 Billion | 4.27% | 0.66x | $3.19 Billion |
| Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) | $254.65 Million | 12.48% | 1.65x | $13.23 Billion |
| Zangge Holding Co Ltd (000408) | $353.51 Million | 9.73% | 1.04x | $16.58 Billion |
| Sichuan Jinlu Group Co Ltd (000510) | $34.68 Million | 0.00% | 2.05x | $1.77 Billion |
| Jilin Gpro Titanium Industry Co Ltd (000545) | $1.88 Billion | -7.74% | 0.64x | $317.69 Million |
| Aoyuan Beauty Valley Technology Co Ltd (000615) | $365.16 Million | 13.94% | 0.26x | $844.86 Million |
| Ningxia Younglight Chemicals Co Ltd (000635) | $302.31 Million | 10.40% | 0.37x | $420.44 Million |
| Maoming Petro-Chemical Shihua Co Ltd (000637) | $758.08 Million | -11.00% | 2.16x | $312.66 Million |
| Inner Mongolia Yuan Xing Energy Co Ltd (000683) | $491.34 Million | -44.74% | 3.10x | $3.10 Billion |
About Taihe Technologies
Shandong Taihe Technologies Co., Ltd. manufactures and sells water treatment chemicals in China and internationally. The company offers phosphonates antiscalants, corrosion inhibitors, and chelating agents; salts of phosphonates; polycarboxylic antiscalants and dispersants; biodegradable antiscalants and dispersants; biocide and algicide; built scale and corrosion inhibitors, and pretreatment fil… Read more