Henan Jindan Lactic Acid Technology (300829) - Net Assets
Based on the latest financial reports, Henan Jindan Lactic Acid Technology (300829) has net assets worth CN¥2.38 Billion CNY (≈ $348.52 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¥3.51 Billion ≈ $513.01 Million USD) and total liabilities (CN¥1.12 Billion ≈ $164.50 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 300829 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.38 Billion |
| % of Total Assets | 67.94% |
| Annual Growth Rate | 18.46% |
| 5-Year Change | 35.24% |
| 10-Year Change | 411.88% |
| Growth Volatility | 24.98 |
Henan Jindan Lactic Acid Technology - Net Assets Trend (2013–2024)
This chart illustrates how Henan Jindan Lactic Acid Technology's net assets have evolved over time, based on quarterly financial data. Also explore Henan Jindan Lactic Acid Technology total assets for the complete picture of this company's asset base.
Annual Net Assets for Henan Jindan Lactic Acid Technology (2013–2024)
The table below shows the annual net assets of Henan Jindan Lactic Acid Technology from 2013 to 2024. For live valuation and market cap data, see market value of Henan Jindan Lactic Acid Technology.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.81 Billion ≈ $264.47 Million |
+6.25% |
| 2023-12-31 | CN¥1.70 Billion ≈ $248.92 Million |
+10.30% |
| 2022-12-31 | CN¥1.54 Billion ≈ $225.67 Million |
+7.32% |
| 2021-12-31 | CN¥1.44 Billion ≈ $210.28 Million |
+7.53% |
| 2020-12-31 | CN¥1.34 Billion ≈ $195.55 Million |
+97.54% |
| 2019-12-31 | CN¥676.49 Million ≈ $98.99 Million |
+26.76% |
| 2018-12-31 | CN¥533.68 Million ≈ $78.09 Million |
+15.98% |
| 2017-12-31 | CN¥460.16 Million ≈ $67.34 Million |
+13.11% |
| 2016-12-31 | CN¥406.83 Million ≈ $59.53 Million |
+15.22% |
| 2015-12-31 | CN¥353.08 Million ≈ $51.67 Million |
+11.31% |
| 2014-12-31 | CN¥317.21 Million ≈ $46.42 Million |
+13.10% |
| 2013-12-31 | CN¥280.48 Million ≈ $41.04 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Henan Jindan Lactic Acid Technology'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 2148.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥718.90 Million | 39.08% |
| Common Stock | CN¥192.25 Million | 10.45% |
| Other Components | CN¥928.38 Million | 50.47% |
| Total Equity | CN¥1.84 Billion | 100.00% |
Henan Jindan Lactic Acid Technology Competitors by Market Cap
The table below lists competitors of Henan Jindan Lactic Acid Technology ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jiangxi Wannianqing Cement Co Ltd
SHE:000789
|
$578.76 Million |
|
PAR Technology Corporation
NYSE:PAR
|
$578.83 Million |
|
Blue Moon Zinc Corp
V:MOON
|
$578.96 Million |
|
Sayona Mining Ltd
AU:SYA
|
$579.50 Million |
|
Shutterstock
NYSE:SSTK
|
$578.35 Million |
|
Chengdu Screen Micro-Electronics Co. Ltd. A
SHG:688053
|
$578.01 Million |
|
Capex S.A
BA:CAPX
|
$577.67 Million |
|
YLZ Information Tech Co
SHE:300096
|
$577.63 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Henan Jindan Lactic Acid Technology's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,704,258,000 to 1,839,530,000, a change of 135,272,000 (7.9%).
- Net income of 37,491,248 contributed positively to equity growth.
- Dividend payments of 39,391,000 reduced retained earnings.
- Share repurchases of 30,047,912 reduced equity.
- Other factors increased equity by 167,219,664.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥37.49 Million | +2.04% |
| Dividends Paid | CN¥39.39 Million | -2.14% |
| Share Repurchases | CN¥30.05 Million | -1.63% |
| Other Changes | CN¥167.22 Million | +9.09% |
| Total Change | CN¥- | 7.94% |
Book Value vs Market Value Analysis
This analysis compares Henan Jindan Lactic Acid Technology'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: 1.77x
- 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 8.39x to 1.77x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | CN¥2.07 | CN¥17.39 | x |
| 2014-12-31 | CN¥2.34 | CN¥17.39 | x |
| 2015-12-31 | CN¥2.61 | CN¥17.39 | x |
| 2016-12-31 | CN¥3.02 | CN¥17.39 | x |
| 2017-12-31 | CN¥3.33 | CN¥17.39 | x |
| 2018-12-31 | CN¥3.89 | CN¥17.39 | x |
| 2019-12-31 | CN¥4.72 | CN¥17.39 | x |
| 2020-12-31 | CN¥7.83 | CN¥17.39 | x |
| 2021-12-31 | CN¥7.86 | CN¥17.39 | x |
| 2022-12-31 | CN¥8.43 | CN¥17.39 | x |
| 2023-12-31 | CN¥9.40 | CN¥17.39 | x |
| 2024-12-31 | CN¥9.81 | CN¥17.39 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Henan Jindan Lactic Acid Technology 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): 2.04%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.49%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 1.88x
- Recent ROE (2.04%) is below the historical average (10.31%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 9.96% | 4.52% | 0.86x | 2.58x | CN¥-115.34K |
| 2014 | 11.75% | 6.07% | 0.87x | 2.22x | CN¥5.53 Million |
| 2015 | 10.30% | 6.37% | 0.82x | 1.97x | CN¥1.07 Million |
| 2016 | 13.23% | 9.17% | 0.78x | 1.84x | CN¥13.12 Million |
| 2017 | 10.50% | 7.31% | 0.81x | 1.77x | CN¥2.27 Million |
| 2018 | 15.91% | 10.41% | 0.79x | 1.92x | CN¥31.02 Million |
| 2019 | 18.00% | 13.12% | 0.72x | 1.90x | CN¥51.22 Million |
| 2020 | 9.19% | 11.65% | 0.59x | 1.35x | CN¥-10.50 Million |
| 2021 | 9.16% | 8.96% | 0.66x | 1.55x | CN¥-11.92 Million |
| 2022 | 8.66% | 8.62% | 0.61x | 1.64x | CN¥-20.41 Million |
| 2023 | 5.00% | 6.01% | 0.42x | 2.00x | CN¥-85.20 Million |
| 2024 | 2.04% | 2.49% | 0.43x | 1.88x | CN¥-146.46 Million |
Industry Comparison
This section compares Henan Jindan Lactic Acid Technology'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 |
|---|---|---|---|---|
| Henan Jindan Lactic Acid Technology (300829) | CN¥2.38 Billion | 9.96% | 0.47x | $578.35 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 Henan Jindan Lactic Acid Technology
Henan Jindan Lactic Acid Technology Co.,Ltd. engages in the research and development, production, and sales of lactic acid and its products in China and internationally. The company provides premium grade lactic acid, food grade lactic acid, feed additive lactic acid, refined lactic acid, refined grade lactic acid, high purity lactic acid, and ultrapure lactic acid. It also offers high quality so… Read more