Miracll Chemicals Co Ltd Net Assets
Miracll Chemicals Co Ltd net assets. Based on the latest financial reports, Miracll Chemicals Co Ltd (300848) has net assets worth CN¥1.77 Billion CNY (≈ $258.94 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥4.46 Billion ≈ $652.12 Million USD) and total liabilities (CN¥2.69 Billion ≈ $393.18 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. Also explore Miracll Chemicals Co Ltd net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.77 Billion |
| % of Total Assets | 39.71% |
| Annual Growth Rate | 45.52% |
| 5-Year Change | 83.96% |
| 10-Year Change | 1464.88% |
| Growth Volatility | 93.95 |
Net Assets of Miracll Chemicals Co Ltd (2013–2025)
Net assets of Miracll Chemicals Co Ltd from 2013 to 2025. This chart illustrates how Miracll Chemicals Co Ltd's net assets have evolved over time, based on quarterly financial data. See 300848 equity financing ratio to measure how much of total assets are equity-financed.
Annual Net Assets for Miracll Chemicals Co Ltd (2013–2025)
The table below shows the annual net assets of Miracll Chemicals Co Ltd from 2013 to 2025. For live market cap and overall valuation, see how much is Miracll Chemicals Co Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.77 Billion ≈ $259.51 Million |
+15.20% |
| 2024-12-31 | CN¥1.54 Billion ≈ $225.27 Million |
+2.58% |
| 2023-12-31 | CN¥1.50 Billion ≈ $219.61 Million |
+25.13% |
| 2022-12-31 | CN¥1.20 Billion ≈ $175.51 Million |
+24.41% |
| 2021-12-31 | CN¥964.02 Million ≈ $141.07 Million |
+23.11% |
| 2020-12-31 | CN¥783.03 Million ≈ $114.58 Million |
+201.20% |
| 2019-12-31 | CN¥259.97 Million ≈ $38.04 Million |
+32.23% |
| 2018-12-31 | CN¥196.61 Million ≈ $28.77 Million |
+30.00% |
| 2017-12-31 | CN¥151.24 Million ≈ $22.13 Million |
+33.45% |
| 2016-12-31 | CN¥113.33 Million ≈ $16.58 Million |
+22.38% |
| 2015-12-31 | CN¥92.60 Million ≈ $13.55 Million |
+325.82% |
| 2014-12-31 | CN¥21.75 Million ≈ $3.18 Million |
+10.60% |
| 2013-12-31 | CN¥19.66 Million ≈ $2.88 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Miracll Chemicals 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 8411.8% over the analyzed period, indicating profitable operations and earnings retention.
Miracll Chemicals Co Ltd Net Assets Breakdown (December 2025)
Miracll Chemicals Co Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥550.03 Million | 35.89% |
| Other Components | CN¥982.58 Million | 64.11% |
| Total Equity | CN¥1.53 Billion | 100.00% |
Miracll Chemicals Co Ltd Competitors by Market Cap
The table below lists competitors of Miracll Chemicals Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PIMCO Access Income Fund
NYSE:PAXS
|
$612.45 Million |
|
Taiwan Semiconductor Co Ltd
TWO:5425
|
$612.46 Million |
|
Western Asset Diversified Income Fund
NYSE:WDI
|
$612.56 Million |
|
Kyobo Securiti
KO:030610
|
$612.68 Million |
|
Jiangxi Lianchuang Opto-electronic Science & Technology Co Ltd
SHG:600363
|
$612.29 Million |
|
Zhejiang Entive Smart Kitchen Appliance Co. Ltd.
SHE:300911
|
$612.19 Million |
|
Zhejiang Sunflower Light Energy
SHE:300111
|
$612.17 Million |
|
Youyou Foods Co Ltd
SHG:603697
|
$612.08 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Miracll Chemicals Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,320,361,528 to 1,532,601,918, a change of 212,240,390 (16.1%).
- Net income of 81,927,200 contributed positively to equity growth.
- Dividend payments of 78,802,427 reduced retained earnings.
- Other comprehensive income decreased equity by 77,105,704.
- Other factors increased equity by 286,221,320.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥81.93 Million | +5.35% |
| Dividends Paid | CN¥78.80 Million | -5.14% |
| Other Comprehensive Income | CN¥-77.11 Million | -5.03% |
| Other Changes | CN¥286.22 Million | +18.68% |
| Total Change | CN¥- | 16.07% |
Book Value vs Market Value Analysis
This analysis compares Miracll Chemicals 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: 2.73x
- 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 26.52x to 2.73x 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¥0.37 | CN¥9.78 | x |
| 2014-12-31 | CN¥0.67 | CN¥9.78 | x |
| 2015-12-31 | CN¥1.42 | CN¥9.78 | x |
| 2016-12-31 | CN¥1.12 | CN¥9.78 | x |
| 2017-12-31 | CN¥0.52 | CN¥9.78 | x |
| 2018-12-31 | CN¥0.67 | CN¥9.78 | x |
| 2019-12-31 | CN¥0.89 | CN¥9.78 | x |
| 2020-12-31 | CN¥2.36 | CN¥9.78 | x |
| 2021-12-31 | CN¥2.30 | CN¥9.78 | x |
| 2022-12-31 | CN¥2.49 | CN¥9.78 | x |
| 2023-12-31 | CN¥3.19 | CN¥9.78 | x |
| 2024-12-31 | CN¥3.23 | CN¥9.78 | x |
| 2025-12-31 | CN¥3.58 | CN¥9.78 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Miracll Chemicals 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): 5.35%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.69%
- • Asset Turnover: 0.40x
- • Equity Multiplier: 2.83x
- Recent ROE (5.35%) is below the historical average (16.90%), 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 | 6.59% | 1.18% | 2.52x | 2.21x | CN¥-560.63K |
| 2014 | 25.25% | 2.15% | 1.81x | 6.50x | CN¥2.10 Million |
| 2015 | 18.30% | 7.71% | 1.51x | 1.57x | CN¥7.69 Million |
| 2016 | 24.02% | 8.14% | 1.29x | 2.29x | CN¥15.89 Million |
| 2017 | 29.36% | 8.44% | 1.49x | 2.33x | CN¥29.29 Million |
| 2018 | 28.16% | 9.36% | 1.59x | 1.89x | CN¥35.71 Million |
| 2019 | 32.07% | 12.85% | 1.46x | 1.71x | CN¥57.37 Million |
| 2020 | 13.03% | 13.48% | 0.73x | 1.33x | CN¥23.73 Million |
| 2021 | 13.40% | 9.18% | 0.77x | 1.90x | CN¥30.26 Million |
| 2022 | 11.43% | 7.54% | 0.77x | 1.97x | CN¥13.94 Million |
| 2023 | 6.89% | 5.96% | 0.44x | 2.63x | CN¥-39.60 Million |
| 2024 | 5.88% | 4.68% | 0.43x | 2.92x | CN¥-54.45 Million |
| 2025 | 5.35% | 4.69% | 0.40x | 2.83x | CN¥-71.33 Million |
Industry Comparison
This section compares Miracll Chemicals Co Ltd's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $1,599,973,765
- Average return on equity (ROE) among peers: -19.09%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Miracll Chemicals Co Ltd (300848) | CN¥1.77 Billion | 6.59% | 1.52x | $612.36 Million |
| Chongqing Sanxia Paints Co Ltd (000565) | $68.83 Million | 23.61% | 1.41x | $357.21 Million |
| Hengyi Petrochemical Co Ltd (000703) | $131.47 Million | 16.48% | 0.41x | $7.71 Billion |
| Guangdong Xinhui Meida Nylon Co Ltd (000782) | $1.44 Billion | 2.65% | 0.96x | $715.34 Million |
| Luxi Chemical Group Co Ltd (000830) | $5.11 Billion | 8.29% | 1.58x | $3.03 Billion |
| China Minmetals Rare Earth Co Ltd (000831) | $234.51 Million | -303.65% | 8.65x | $7.39 Billion |
| Anhui Guofeng Plastic Industry Co Ltd (000859) | $1.47 Billion | 1.25% | 0.42x | $1.05 Billion |
| Cofco Biochemical Anhui Co Ltd (000930) | $1.96 Billion | 47.38% | 2.04x | $1.30 Billion |
| Shandong Link Science and Technology Co Ltd (001207) | $76.39 Million | 0.00% | 0.50x | $750.10 Million |
| Zhejiang Transfar Co Ltd (002010) | $1.88 Billion | 8.19% | 0.59x | $1.86 Billion |
| Poly Union Chemical Holding Group Co Ltd (002037) | $3.62 Billion | 4.90% | 2.05x | $459.54 Million |
About Miracll Chemicals Co Ltd
Miracll Chemicals Co.,Ltd researches, develops, manufactures, and sells thermoplastic polyurethane (TPU) in China and internationally. It offers polyester-based, polyether-based, aliphatic, bio-based, adhesive, polycarbonate, polycaprolactone, expanded, and halogen-free flame retardant TPU products; TPU plastic products; thermoplastic silicone polyurethane and olefin plolyurethane products; and P… Read more