Xinxiang Richful Lube Additive Co. Ltd (300910) - Net Assets
Based on the latest financial reports, Xinxiang Richful Lube Additive Co. Ltd (300910) has net assets worth CN¥3.99 Billion CNY (≈ $583.34 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¥5.39 Billion ≈ $788.48 Million USD) and total liabilities (CN¥1.40 Billion ≈ $205.14 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 Xinxiang Richful Lube Additive Co. Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.99 Billion |
| % of Total Assets | 73.98% |
| Annual Growth Rate | 37.01% |
| 5-Year Change | 78.67% |
| 10-Year Change | N/A |
| Growth Volatility | 44.96 |
Xinxiang Richful Lube Additive Co. Ltd - Net Assets Trend (2016–2025)
This chart illustrates how Xinxiang Richful Lube Additive Co. Ltd's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Xinxiang Richful Lube Additive Co. Ltd to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Xinxiang Richful Lube Additive Co. Ltd (2016–2025)
The table below shows the annual net assets of Xinxiang Richful Lube Additive Co. Ltd from 2016 to 2025. For live valuation and market cap data, see 300910 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥3.86 Billion ≈ $564.21 Million |
+14.55% |
| 2024-12-31 | CN¥3.37 Billion ≈ $492.55 Million |
+6.73% |
| 2023-12-31 | CN¥3.15 Billion ≈ $461.48 Million |
+14.57% |
| 2022-12-31 | CN¥2.75 Billion ≈ $402.81 Million |
+27.56% |
| 2021-12-31 | CN¥2.16 Billion ≈ $315.77 Million |
+3.90% |
| 2020-12-31 | CN¥2.08 Billion ≈ $303.92 Million |
+136.83% |
| 2019-12-31 | CN¥876.99 Million ≈ $128.33 Million |
+99.94% |
| 2018-12-31 | CN¥438.63 Million ≈ $64.19 Million |
+14.82% |
| 2017-12-31 | CN¥382.02 Million ≈ $55.90 Million |
+68.49% |
| 2016-12-31 | CN¥226.74 Million ≈ $33.18 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Xinxiang Richful Lube Additive 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 5601.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.80 Billion | 47.02% |
| Common Stock | CN¥295.94 Million | 7.74% |
| Other Comprehensive Income | CN¥147.64 Million | 3.86% |
| Other Components | CN¥1.58 Billion | 41.37% |
| Total Equity | CN¥3.82 Billion | 100.00% |
Xinxiang Richful Lube Additive Co. Ltd Competitors by Market Cap
The table below lists competitors of Xinxiang Richful Lube Additive Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hyundai Green Food Co Ltd
KO:005440
|
$1.47 Billion |
|
Kohl's Corporation
NYSE:KSS
|
$1.47 Billion |
|
Cloetta AB (publ)
ST:CLA-B
|
$1.47 Billion |
|
Shandong Yulong Gold Co Ltd
SHG:601028
|
$1.47 Billion |
|
Grupo Nacional Provincial S.A.B
MX:GNP
|
$1.47 Billion |
|
Yinson Holdings Bhd
KLSE:7293
|
$1.47 Billion |
|
Kolon Industries Inc
KO:120110
|
$1.47 Billion |
|
Zhejiang Windey Co Ltd
SHE:300772
|
$1.47 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Xinxiang Richful Lube Additive Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,344,602,539 to 3,821,231,317, a change of 476,628,778 (14.3%).
- Net income of 736,393,118 contributed positively to equity growth.
- Dividend payments of 348,427,998 reduced retained earnings.
- Other comprehensive income decreased equity by 91,354,088.
- Other factors increased equity by 180,017,746.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥736.39 Million | +19.27% |
| Dividends Paid | CN¥348.43 Million | -9.12% |
| Other Comprehensive Income | CN¥-91.35 Million | -2.39% |
| Other Changes | CN¥180.02 Million | +4.71% |
| Total Change | CN¥- | 14.25% |
Book Value vs Market Value Analysis
This analysis compares Xinxiang Richful Lube Additive 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: 2.61x
- 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 23.00x to 2.61x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | CN¥1.47 | CN¥33.91 | x |
| 2017-12-31 | CN¥2.26 | CN¥33.91 | x |
| 2018-12-31 | CN¥2.57 | CN¥33.91 | x |
| 2019-12-31 | CN¥4.83 | CN¥33.91 | x |
| 2020-12-31 | CN¥9.45 | CN¥33.91 | x |
| 2021-12-31 | CN¥7.57 | CN¥33.91 | x |
| 2022-12-31 | CN¥9.45 | CN¥33.91 | x |
| 2023-12-31 | CN¥13.17 | CN¥33.91 | x |
| 2024-12-31 | CN¥11.62 | CN¥33.91 | x |
| 2025-12-31 | CN¥12.99 | CN¥33.91 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Xinxiang Richful Lube Additive 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): 19.27%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 21.07%
- • Asset Turnover: 0.69x
- • Equity Multiplier: 1.33x
- Recent ROE (19.27%) is above the historical average (15.08%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 15.00% | 10.69% | 1.09x | 1.29x | CN¥11.33 Million |
| 2017 | 11.85% | 9.72% | 1.02x | 1.19x | CN¥7.08 Million |
| 2018 | 12.90% | 10.67% | 1.01x | 1.20x | CN¥12.74 Million |
| 2019 | 11.22% | 14.98% | 0.69x | 1.09x | CN¥10.66 Million |
| 2020 | 8.80% | 21.24% | 0.37x | 1.11x | CN¥-24.83 Million |
| 2021 | 9.32% | 18.60% | 0.44x | 1.14x | CN¥-14.75 Million |
| 2022 | 21.47% | 19.31% | 0.90x | 1.24x | CN¥314.23 Million |
| 2023 | 19.36% | 21.54% | 0.75x | 1.21x | CN¥293.27 Million |
| 2024 | 21.60% | 22.88% | 0.73x | 1.29x | CN¥388.03 Million |
| 2025 | 19.27% | 21.07% | 0.69x | 1.33x | CN¥354.27 Million |
Industry Comparison
This section compares Xinxiang Richful Lube Additive Co. Ltd's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $4,794,481,143
- Average return on equity (ROE) among peers: 6.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Xinxiang Richful Lube Additive Co. Ltd (300910) | CN¥3.99 Billion | 15.00% | 0.35x | $1.47 Billion |
| Chongqing Sanxia Paints Co Ltd (000565) | $390.80 Million | 1.64% | 0.47x | $405.43 Million |
| Hengyi Petrochemical Co Ltd (000703) | $100.39 Million | 21.74% | 0.63x | $6.81 Billion |
| Guangdong Xinhui Meida Nylon Co Ltd (000782) | $928.69 Million | 2.92% | 0.77x | $758.54 Million |
| Luxi Chemical Group Co Ltd (000830) | $18.07 Billion | 25.56% | 0.78x | $3.71 Billion |
| China Minmetals Rare Earth Co Ltd (000831) | $2.17 Billion | -18.33% | 0.03x | $9.07 Billion |
| Anhui Guofeng Plastic Industry Co Ltd (000859) | $1.65 Billion | 5.07% | 0.31x | $1.46 Billion |
| Cofco Biochemical Anhui Co Ltd (000930) | $10.92 Billion | 0.23% | 0.59x | $1.34 Billion |
| Shandong Link Science and Technology Co Ltd (001207) | $242.92 Million | 18.39% | 1.38x | $795.79 Million |
| Zhejiang Transfar Co Ltd (002010) | $11.16 Billion | 4.94% | 0.30x | $2.01 Billion |
| Poly Union Chemical Holding Group Co Ltd (002037) | $2.32 Billion | 3.50% | 2.59x | $486.45 Million |
About Xinxiang Richful Lube Additive Co. Ltd
Xinxiang Richful Lube Additive Co.,Ltd. engages in the research, development, production, and sales of fine chemical products in China and internationally. The company provides lubricant additive-components, such as detergent, dispersant, ZDDP, viscosity index improver, and others; and lubricant oil additive-packages, including automotive engine oil, industrial oil, agricultural machine fluid, an… Read more