Shandong Weifang Rainbow Chemical Co. Ltd
Shandong Weifang Rainbow Chemical Co., Ltd operates as a crop protection company in China. It offers herbicides, fungicides, insecticides, plant growth regulators, seeds treatments, biostimulants, bio-pesticides, bio-fertilizers, non-crop herbicides, non-crop insecticides, and non-crop fungicides. The company was founded in 2000 and is headquartered in Jinan, China.
Shandong Weifang Rainbow Chemical Co. Ltd (301035) - Net Assets
Latest net assets as of June 2025: CN¥7.52 Billion CNY
Based on the latest financial reports, Shandong Weifang Rainbow Chemical Co. Ltd (301035) has net assets worth CN¥7.52 Billion CNY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥16.47 Billion) and total liabilities (CN¥8.94 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥7.52 Billion |
| % of Total Assets | 45.7% |
| Annual Growth Rate | 22.51% |
| 5-Year Change | 140.78% |
| 10-Year Change | N/A |
| Growth Volatility | 25.08 |
Shandong Weifang Rainbow Chemical Co. Ltd - Net Assets Trend (2019–2024)
This chart illustrates how Shandong Weifang Rainbow Chemical Co. Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Shandong Weifang Rainbow Chemical Co. Ltd (2019–2024)
The table below shows the annual net assets of Shandong Weifang Rainbow Chemical Co. Ltd from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥7.05 Billion | +3.06% |
| 2023-12-31 | CN¥6.84 Billion | +7.09% |
| 2022-12-31 | CN¥6.39 Billion | +26.65% |
| 2021-12-31 | CN¥5.04 Billion | +72.26% |
| 2020-12-31 | CN¥2.93 Billion | +14.67% |
| 2019-12-31 | CN¥2.55 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shandong Weifang Rainbow Chemical 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 205.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥3.86 Billion | 57.99% |
| Other Components | CN¥2.80 Billion | 42.01% |
| Total Equity | CN¥6.66 Billion | 100.00% |
Shandong Weifang Rainbow Chemical Co. Ltd Competitors by Market Cap
The table below lists competitors of Shandong Weifang Rainbow Chemical Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cham Swiss Properties AG
F:4U3
|
$848.13 Million |
|
Ambea AB
ST:AMBEA
|
$848.23 Million |
|
RPTCP
PINK:RPTCP
|
$848.25 Million |
|
Rithm Property Trust Inc.
OTCGREY:RPTCV
|
$848.25 Million |
|
NAKANISHI INC.
F:6SN
|
$847.26 Million |
|
Sun Hung Kai & Company Lt
PINK:SHGKY
|
$847.26 Million |
|
SF Diamond
SHE:300179
|
$847.06 Million |
|
Richinfo Technology Co Ltd Class A
SHE:300634
|
$847.03 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shandong Weifang Rainbow Chemical Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,546,153,851 to 6,660,685,016, a change of 114,531,164 (1.7%).
- Net income of 450,082,509 contributed positively to equity growth.
- Dividend payments of 456,503,423 reduced retained earnings.
- Other factors increased equity by 120,952,078.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥450.08 Million | +6.76% |
| Dividends Paid | CN¥456.50 Million | -6.85% |
| Other Changes | CN¥120.95 Million | +1.82% |
| Total Change | CN¥- | 1.75% |
Book Value vs Market Value Analysis
This analysis compares Shandong Weifang Rainbow Chemical 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: 3.25x
- 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 6.52x to 3.25x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | CN¥11.83 | CN¥77.10 | x |
| 2020-12-31 | CN¥13.53 | CN¥77.10 | x |
| 2021-12-31 | CN¥17.77 | CN¥77.10 | x |
| 2022-12-31 | CN¥22.32 | CN¥77.10 | x |
| 2023-12-31 | CN¥23.49 | CN¥77.10 | x |
| 2024-12-31 | CN¥23.72 | CN¥77.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shandong Weifang Rainbow Chemical 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): 6.76%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.39%
- • Asset Turnover: 0.87x
- • Equity Multiplier: 2.30x
- Recent ROE (6.76%) is below the historical average (14.53%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 13.85% | 5.59% | 1.15x | 2.16x | CN¥94.39 Million |
| 2020 | 15.62% | 6.00% | 1.00x | 2.60x | CN¥157.43 Million |
| 2021 | 16.29% | 8.16% | 0.95x | 2.10x | CN¥308.85 Million |
| 2022 | 22.85% | 9.77% | 1.25x | 1.88x | CN¥794.87 Million |
| 2023 | 11.78% | 6.71% | 0.77x | 2.28x | CN¥116.51 Million |
| 2024 | 6.76% | 3.39% | 0.87x | 2.30x | CN¥-215.99 Million |
Industry Comparison
This section compares Shandong Weifang Rainbow Chemical Co. Ltd's net assets metrics with peer companies in the Agricultural Inputs industry.
Industry Context
- Industry: Agricultural Inputs
- Average net assets among peers: $2,335,915,949
- Average return on equity (ROE) among peers: 13.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shandong Weifang Rainbow Chemical Co. Ltd (301035) | CN¥7.52 Billion | 13.85% | 1.19x | $847.99 Million |
| Nanjing Red Sun Co Ltd (000525) | $147.47 Million | 1.90% | 0.79x | $845.94 Million |
| ADAMA Ltd (000553) | $924.52 Million | 2.09% | 0.75x | $429.88 Million |
| Grand Industrial Holding Co Ltd (000626) | $2.61 Billion | -11.54% | 1.98x | $221.00 Million |
| Sichuan Meifeng Chemical Industry Co Ltd (000731) | $1.01 Billion | 18.17% | 0.44x | $482.18 Million |
| Qinghai Salt Lake Industry Co.Ltd (000792) | $5.06 Billion | 26.77% | 0.59x | $16.27 Billion |
| Asia Potash International Investment Guangzhou Co Ltd (000893) | $11.63 Billion | 17.45% | 0.10x | $4.53 Billion |
| Hubei Xinyangfeng Fertilizer Co Ltd (000902) | $409.30 Million | 0.72% | 1.97x | $1.47 Billion |
| Sichuan Lutianhua Co Ltd (000912) | $218.75 Million | 71.83% | 0.84x | $897.13 Million |
| Guangxi Hechi Chemical Co Ltd (000953) | $398.71 Million | 5.82% | 1.87x | $221.44 Million |
| Norsyn Crop Technology Co. Ltd. A (001231) | $952.88 Million | 5.49% | 0.42x | $95.20 Million |