China Resources Chemical Innovative Materials Co. Ltd.
China Resources Chemical Innovative Materials Co., Ltd. engages in the production and sale of non-fiber grade polyester chips in China and internationally. The company offers polyester bottle flakes. Its products are used in drinking water, hot-filled beverages, carbonated beverages, edible oil and beer, alcohol packaging, medical blood collection tubes, films, sheets, condiment packaging, and ot… Read more
China Resources Chemical Innovative Materials Co. Ltd. (301090) - Net Assets
Latest net assets as of September 2025: CN¥6.36 Billion CNY
Based on the latest financial reports, China Resources Chemical Innovative Materials Co. Ltd. (301090) has net assets worth CN¥6.36 Billion CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥8.50 Billion) and total liabilities (CN¥2.13 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¥6.36 Billion |
| % of Total Assets | 74.89% |
| Annual Growth Rate | 17.82% |
| 5-Year Change | 75.85% |
| 10-Year Change | N/A |
| Growth Volatility | 26.07 |
China Resources Chemical Innovative Materials Co. Ltd. - Net Assets Trend (2018–2024)
This chart illustrates how China Resources Chemical Innovative Materials 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 China Resources Chemical Innovative Materials Co. Ltd. (2018–2024)
The table below shows the annual net assets of China Resources Chemical Innovative Materials Co. Ltd. from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥6.51 Billion | -9.33% |
| 2023-12-31 | CN¥7.18 Billion | +0.27% |
| 2022-12-31 | CN¥7.16 Billion | +12.33% |
| 2021-12-31 | CN¥6.37 Billion | +72.20% |
| 2020-12-31 | CN¥3.70 Billion | +26.79% |
| 2019-12-31 | CN¥2.92 Billion | +20.01% |
| 2018-12-31 | CN¥2.43 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to China Resources Chemical Innovative Materials 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 142.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.51 Billion | 23.26% |
| Common Stock | CN¥1.49 Billion | 22.84% |
| Other Components | CN¥3.51 Billion | 53.91% |
| Total Equity | CN¥6.51 Billion | 100.00% |
China Resources Chemical Innovative Materials Co. Ltd. Competitors by Market Cap
The table below lists competitors of China Resources Chemical Innovative Materials Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dencare (Chongqing) Oral Care Co. Ltd. A
SHE:001328
|
$209.36 Million |
|
Hefei Kewell Power System Co Ltd
SHG:688551
|
$209.39 Million |
|
GENERAL Elevator Co. Ltd.
SHE:300931
|
$209.42 Million |
|
OVH Groupe SAS
PA:OVH
|
$209.44 Million |
|
Perma-Pipe International Holdings Inc
NASDAQ:PPIH
|
$209.32 Million |
|
ESSA Bancorp Inc
NASDAQ:ESSA
|
$209.29 Million |
|
LCNB Corporation
NASDAQ:LCNB
|
$209.28 Million |
|
INVESTAR HLDG CORP. DL 1
F:7ZH
|
$209.27 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China Resources Chemical Innovative Materials Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 7,173,666,556 to 6,509,106,579, a change of -664,559,977 (-9.3%).
- Net loss of 569,561,866 reduced equity.
- Dividend payments of 59,731,582 reduced retained earnings.
- Share repurchases of 4,999,836 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-569.56 Million | -8.75% |
| Dividends Paid | CN¥59.73 Million | -0.92% |
| Share Repurchases | CN¥5.00 Million | -0.08% |
| Other Changes | CN¥-30.27 Million | -0.46% |
| Total Change | CN¥- | -9.26% |
Book Value vs Market Value Analysis
This analysis compares China Resources Chemical Innovative Materials 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: 2.00x
- 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 6.75x to 2.00x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | CN¥1.30 | CN¥8.78 | x |
| 2019-12-31 | CN¥1.76 | CN¥8.78 | x |
| 2020-12-31 | CN¥2.31 | CN¥8.78 | x |
| 2021-12-31 | CN¥4.14 | CN¥8.78 | x |
| 2022-12-31 | CN¥4.69 | CN¥8.78 | x |
| 2023-12-31 | CN¥4.85 | CN¥8.78 | x |
| 2024-12-31 | CN¥4.40 | CN¥8.78 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China Resources Chemical Innovative Materials 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): -8.75%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.15%
- • Asset Turnover: 2.00x
- • Equity Multiplier: 1.39x
- Recent ROE (-8.75%) is below the historical average (10.37%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 22.90% | 3.04% | 2.35x | 3.21x | CN¥248.21 Million |
| 2019 | 15.87% | 3.34% | 2.49x | 1.91x | CN¥153.09 Million |
| 2020 | 18.37% | 5.08% | 2.09x | 1.73x | CN¥286.52 Million |
| 2021 | 7.06% | 3.27% | 1.48x | 1.46x | CN¥-180.32 Million |
| 2022 | 11.86% | 4.75% | 1.66x | 1.51x | CN¥129.19 Million |
| 2023 | 5.31% | 2.21% | 1.64x | 1.46x | CN¥-336.23 Million |
| 2024 | -8.75% | -3.15% | 2.00x | 1.39x | CN¥-1.22 Billion |
Industry Comparison
This section compares China Resources Chemical Innovative Materials Co. Ltd.'s net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $1,775,158,628
- Average return on equity (ROE) among peers: -19.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China Resources Chemical Innovative Materials Co. Ltd. (301090) | CN¥6.36 Billion | 22.90% | 0.34x | $209.36 Million |
| Chongqing Sanxia Paints Co Ltd (000565) | $390.80 Million | 1.64% | 0.47x | $289.82 Million |
| Hengyi Petrochemical Co Ltd (000703) | $246.42 Million | -7.64% | 1.62x | $1.44 Billion |
| Guangdong Xinhui Meida Nylon Co Ltd (000782) | $472.56 Million | 10.49% | 1.13x | $361.89 Million |
| Luxi Chemical Group Co Ltd (000830) | $120.60 Million | 41.32% | 1.30x | $2.28 Billion |
| China Minmetals Rare Earth Co Ltd (000831) | $234.51 Million | -303.65% | 8.65x | $5.40 Billion |
| Anhui Guofeng Plastic Industry Co Ltd (000859) | $2.70 Billion | 10.47% | 0.21x | $884.45 Million |
| Cofco Biochemical Anhui Co Ltd (000930) | $11.76 Billion | 9.61% | 0.54x | $815.97 Million |
| Shandong Link Science and Technology Co Ltd (001207) | $441.43 Million | 14.99% | 1.14x | $330.19 Million |
| Zhejiang Bofay Elec Co Ltd (001255) | $742.80 Million | 1.78% | 0.61x | $169.49 Million |
| Guangdong Decro Film New (001378) | $647.89 Million | 29.53% | 0.22x | $241.78 Million |