China Resources Chemical Innovative Materials Co. Ltd. (301090) - Net Assets
Based on the latest financial reports, China Resources Chemical Innovative Materials Co. Ltd. (301090) has net assets worth CN¥6.36 Billion CNY (≈ $931.18 Million USD) 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 ≈ $1.24 Billion USD) and total liabilities (CN¥2.13 Billion ≈ $312.17 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 301090 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore 301090 current and non-current assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see 301090 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥6.51 Billion ≈ $952.09 Million |
-9.33% |
| 2023-12-31 | CN¥7.18 Billion ≈ $1.05 Billion |
+0.27% |
| 2022-12-31 | CN¥7.16 Billion ≈ $1.05 Billion |
+12.33% |
| 2021-12-31 | CN¥6.37 Billion ≈ $932.31 Million |
+72.20% |
| 2020-12-31 | CN¥3.70 Billion ≈ $541.41 Million |
+26.79% |
| 2019-12-31 | CN¥2.92 Billion ≈ $427.02 Million |
+20.01% |
| 2018-12-31 | CN¥2.43 Billion ≈ $355.82 Million |
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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 |
|---|---|
|
Anhui Guangxin Agrochemical Co Ltd
SHG:603599
|
$1.98 Billion |
|
WisdomTree Inc.
NYSE:WT
|
$1.98 Billion |
|
Ultragenyx
NASDAQ:RARE
|
$1.98 Billion |
|
Computer Age Management Services Limited
NSE:CAMS
|
$1.98 Billion |
|
Anywhere Real Estate Inc
NYSE:HOUS
|
$1.98 Billion |
|
Aerospace Nanhu Electronic Information Technology Co. Ltd. A
SHG:688552
|
$1.98 Billion |
|
Castrol India Limited
NSE:CASTROLIND
|
$1.98 Billion |
|
Südzucker AG
F:SZU
|
$1.98 Billion |
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: 2.09x
- 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 7.06x to 2.09x 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¥9.18 | x |
| 2019-12-31 | CN¥1.76 | CN¥9.18 | x |
| 2020-12-31 | CN¥2.31 | CN¥9.18 | x |
| 2021-12-31 | CN¥4.14 | CN¥9.18 | x |
| 2022-12-31 | CN¥4.69 | CN¥9.18 | x |
| 2023-12-31 | CN¥4.85 | CN¥9.18 | x |
| 2024-12-31 | CN¥4.40 | CN¥9.18 | 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: $4,145,101,575
- Average return on equity (ROE) among peers: 2.16%
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 | $1.98 Billion |
| Chongqing Sanxia Paints Co Ltd (000565) | $420.42 Million | 6.58% | 1.35x | $499.34 Million |
| Hengyi Petrochemical Co Ltd (000703) | $90.42 Million | 27.06% | 0.87x | $9.30 Billion |
| Guangdong Xinhui Meida Nylon Co Ltd (000782) | $1.09 Billion | 0.96% | 1.41x | $741.46 Million |
| Luxi Chemical Group Co Ltd (000830) | $17.46 Billion | 18.08% | 0.97x | $4.75 Billion |
| China Minmetals Rare Earth Co Ltd (000831) | $2.74 Billion | 9.31% | 0.09x | $8.45 Billion |
| Anhui Guofeng Plastic Industry Co Ltd (000859) | $1.39 Billion | 0.45% | 0.38x | $1.19 Billion |
| Cofco Biochemical Anhui Co Ltd (000930) | $1.57 Billion | -90.11% | 2.59x | $1.65 Billion |
| Shandong Link Science and Technology Co Ltd (001207) | $198.24 Million | 18.03% | 1.03x | $582.05 Million |
| Zhejiang Transfar Co Ltd (002010) | $16.39 Billion | 9.78% | 0.86x | $2.36 Billion |
| Poly Union Chemical Holding Group Co Ltd (002037) | $107.09 Million | 21.41% | 1.19x | $605.40 Million |
About 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