Sino-High (China) Co. Ltd.
Sino-High (China) Co., Ltd. engages in the research and development, production, and sale of aromatic ketone products in China and internationally. The company offers acetophenone and benzophenone derivatives, propiophenone, and others. Its products are used in pharma and agrochem intermediates, photo initiators, plastic monomer, and cosmetic raw material applications. Sino-High (China) Co., Ltd.… Read more
Sino-High (China) Co. Ltd. (301076) - Net Assets
Latest net assets as of June 2025: CN¥1.17 Billion CNY
Based on the latest financial reports, Sino-High (China) Co. Ltd. (301076) has net assets worth CN¥1.17 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¥1.28 Billion) and total liabilities (CN¥111.59 Million). 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¥1.17 Billion |
| % of Total Assets | 91.3% |
| Annual Growth Rate | 29.25% |
| 5-Year Change | 193.5% |
| 10-Year Change | N/A |
| Growth Volatility | 60.54 |
Sino-High (China) Co. Ltd. - Net Assets Trend (2019–2024)
This chart illustrates how Sino-High (China) 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 Sino-High (China) Co. Ltd. (2019–2024)
The table below shows the annual net assets of Sino-High (China) Co. Ltd. from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.15 Billion | +2.99% |
| 2023-12-31 | CN¥1.11 Billion | +3.03% |
| 2022-12-31 | CN¥1.08 Billion | +6.72% |
| 2021-12-31 | CN¥1.01 Billion | +159.17% |
| 2020-12-31 | CN¥390.97 Million | +22.98% |
| 2019-12-31 | CN¥317.91 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sino-High (China) 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 160.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥381.59 Million | 33.25% |
| Other Components | CN¥765.93 Million | 66.75% |
| Total Equity | CN¥1.15 Billion | 100.00% |
Sino-High (China) Co. Ltd. Competitors by Market Cap
The table below lists competitors of Sino-High (China) Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jing Jin Electric Technologies Co Ltd
SHG:688280
|
$463.92 Million |
|
Kunming Yunnei Power Co Ltd
SHE:000903
|
$463.94 Million |
|
Shenzhen Qingyi Photomask Ltd
SHG:688138
|
$464.08 Million |
|
Plejd AB (publ)
F:3CA
|
$464.11 Million |
|
Jubilant Ingrevia Limited
NSE:JUBLINGREA
|
$463.89 Million |
|
SP GROUP AS NAM. DK 2
F:1PU2
|
$463.76 Million |
|
Century Plyboards (India) Limited
NSE:CENTURYPLY
|
$463.69 Million |
|
Quick Intelligent Equipment Co Ltd
SHG:603203
|
$463.63 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sino-High (China) Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,114,216,003 to 1,147,513,723, a change of 33,297,720 (3.0%).
- Net income of 55,966,075 contributed positively to equity growth.
- Dividend payments of 20,178,600 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥55.97 Million | +4.88% |
| Dividends Paid | CN¥20.18 Million | -1.76% |
| Other Changes | CN¥-2.49 Million | -0.22% |
| Total Change | CN¥- | 2.99% |
Book Value vs Market Value Analysis
This analysis compares Sino-High (China) 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: 6.07x
- 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 12.61x to 6.07x 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¥3.16 | CN¥39.81 | x |
| 2020-12-31 | CN¥3.88 | CN¥39.81 | x |
| 2021-12-31 | CN¥5.79 | CN¥39.81 | x |
| 2022-12-31 | CN¥6.18 | CN¥39.81 | x |
| 2023-12-31 | CN¥8.28 | CN¥39.81 | x |
| 2024-12-31 | CN¥6.56 | CN¥39.81 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sino-High (China) 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): 4.88%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.34%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 1.09x
- Recent ROE (4.88%) is below the historical average (11.90%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 23.40% | 25.50% | 0.76x | 1.21x | CN¥42.61 Million |
| 2020 | 18.28% | 24.83% | 0.61x | 1.20x | CN¥32.38 Million |
| 2021 | 6.54% | 19.38% | 0.31x | 1.08x | CN¥-35.03 Million |
| 2022 | 9.89% | 26.87% | 0.32x | 1.16x | CN¥-1.19 Million |
| 2023 | 8.38% | 21.44% | 0.36x | 1.09x | CN¥-18.08 Million |
| 2024 | 4.88% | 13.34% | 0.33x | 1.09x | CN¥-58.79 Million |
Industry Comparison
This section compares Sino-High (China) Co. Ltd.'s net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $2,626,916,213
- Average return on equity (ROE) among peers: 12.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sino-High (China) Co. Ltd. (301076) | CN¥1.17 Billion | 23.40% | 0.10x | $463.89 Million |
| North Huajin Chemical Industries Co Ltd (000059) | $6.22 Billion | 3.15% | 2.45x | $677.73 Million |
| Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) | $1.22 Billion | 8.90% | 0.47x | $2.89 Billion |
| Zangge Holding Co Ltd (000408) | $13.85 Billion | 18.63% | 0.09x | $11.87 Billion |
| Sichuan Jinlu Group Co Ltd (000510) | $31.03 Million | 11.65% | 3.42x | $1.15 Billion |
| Jilin Gpro Titanium Industry Co Ltd (000545) | $258.76 Million | 6.78% | 0.30x | $423.89 Million |
| Aoyuan Beauty Valley Technology Co Ltd (000615) | $54.68 Million | 39.27% | 1.16x | $225.85 Million |
| Ningxia Younglight Chemicals Co Ltd (000635) | $184.46 Million | 13.30% | 2.58x | $295.21 Million |
| Maoming Petro-Chemical Shihua Co Ltd (000637) | $691.87 Million | 1.61% | 0.02x | $187.22 Million |
| Shenyang Chemical Industry Co Ltd (000698) | $3.01 Billion | 7.14% | 1.28x | $240.44 Million |
| Hubei Shuanghuan Science and Technology Stock Co Ltd (000707) | $759.12 Million | 13.65% | 0.22x | $412.94 Million |