Shandong Longhua New Material Co. Ltd. (301149) - Net Assets
Based on the latest financial reports, Shandong Longhua New Material Co. Ltd. (301149) has net assets worth CN¥2.36 Billion CNY (≈ $345.42 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¥3.58 Billion ≈ $523.48 Million USD) and total liabilities (CN¥1.22 Billion ≈ $178.06 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 financial resilience of Shandong Longhua New Material Co. Ltd. to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.36 Billion |
| % of Total Assets | 65.99% |
| Annual Growth Rate | 28.39% |
| 5-Year Change | 176.97% |
| 10-Year Change | N/A |
| Growth Volatility | 35.54 |
Shandong Longhua New Material Co. Ltd. - Net Assets Trend (2015–2024)
This chart illustrates how Shandong Longhua New Material Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. Also explore Shandong Longhua New Material Co. Ltd. total assets for the complete picture of this company's asset base.
Annual Net Assets for Shandong Longhua New Material Co. Ltd. (2015–2024)
The table below shows the annual net assets of Shandong Longhua New Material Co. Ltd. from 2015 to 2024. For live valuation and market cap data, see 301149 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.92 Billion ≈ $280.80 Million |
+4.08% |
| 2023-12-31 | CN¥1.84 Billion ≈ $269.79 Million |
+12.82% |
| 2022-12-31 | CN¥1.63 Billion ≈ $239.13 Million |
+6.23% |
| 2021-12-31 | CN¥1.54 Billion ≈ $225.10 Million |
+122.04% |
| 2020-12-31 | CN¥692.82 Million ≈ $101.38 Million |
+19.64% |
| 2019-12-31 | CN¥579.10 Million ≈ $84.74 Million |
+20.49% |
| 2018-12-31 | CN¥480.62 Million ≈ $70.33 Million |
+12.17% |
| 2017-12-31 | CN¥428.46 Million ≈ $62.70 Million |
+59.78% |
| 2016-12-31 | CN¥268.16 Million ≈ $39.24 Million |
+32.51% |
| 2015-12-31 | CN¥202.38 Million ≈ $29.61 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shandong Longhua New Material 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 7104.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥762.20 Million | 39.72% |
| Common Stock | CN¥430.00 Million | 22.41% |
| Other Comprehensive Income | CN¥152.26 Million | 7.93% |
| Other Components | CN¥574.44 Million | 29.94% |
| Total Equity | CN¥1.92 Billion | 100.00% |
Shandong Longhua New Material Co. Ltd. Competitors by Market Cap
The table below lists competitors of Shandong Longhua New Material Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cheng Du Sheng Nuo Biotec Co. Ltd. A
SHG:688117
|
$861.57 Million |
|
Shenzhen Strongteam Decoration Engineering Co Ltd
SHE:002989
|
$861.74 Million |
|
Rezolve AI Limited Ordinary Shares
NASDAQ:RZLV
|
$861.78 Million |
|
Navigator Global Investments Ltd
AU:NGI
|
$861.79 Million |
|
Shenyu Communication Technology Inc
SHE:300563
|
$861.40 Million |
|
Imperial Metals Corporation
TO:III
|
$860.96 Million |
|
Gryphon Capital Income Trust
AU:GCI
|
$860.70 Million |
|
Quidel Corporation
NASDAQ:QDEL
|
$860.55 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shandong Longhua New Material Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,843,722,946 to 1,918,903,208, a change of 75,180,262 (4.1%).
- Net income of 171,380,097 contributed positively to equity growth.
- Dividend payments of 116,036,896 reduced retained earnings.
- Other comprehensive income increased equity by 152,263,949.
- Other factors decreased equity by 132,426,888.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥171.38 Million | +8.93% |
| Dividends Paid | CN¥116.04 Million | -6.05% |
| Other Comprehensive Income | CN¥152.26 Million | +7.93% |
| Other Changes | CN¥-132.43 Million | -6.9% |
| Total Change | CN¥- | 4.08% |
Book Value vs Market Value Analysis
This analysis compares Shandong Longhua New Material 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: 3.06x
- 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 10.88x to 3.06x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | CN¥1.26 | CN¥13.69 | x |
| 2016-12-31 | CN¥1.51 | CN¥13.69 | x |
| 2017-12-31 | CN¥2.35 | CN¥13.69 | x |
| 2018-12-31 | CN¥1.36 | CN¥13.69 | x |
| 2019-12-31 | CN¥1.61 | CN¥13.69 | x |
| 2020-12-31 | CN¥1.95 | CN¥13.69 | x |
| 2021-12-31 | CN¥4.20 | CN¥13.69 | x |
| 2022-12-31 | CN¥3.86 | CN¥13.69 | x |
| 2023-12-31 | CN¥4.31 | CN¥13.69 | x |
| 2024-12-31 | CN¥4.48 | CN¥13.69 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shandong Longhua New Material 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): 8.93%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.05%
- • Asset Turnover: 1.74x
- • Equity Multiplier: 1.68x
- Recent ROE (8.93%) is below the historical average (13.90%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 15.90% | 2.79% | 2.54x | 2.24x | CN¥11.94 Million |
| 2016 | 23.78% | 5.13% | 2.66x | 1.74x | CN¥36.95 Million |
| 2017 | 14.03% | 4.21% | 2.43x | 1.37x | CN¥17.27 Million |
| 2018 | 11.05% | 2.96% | 2.69x | 1.39x | CN¥5.03 Million |
| 2019 | 16.11% | 4.61% | 2.97x | 1.18x | CN¥35.41 Million |
| 2020 | 15.39% | 4.42% | 2.77x | 1.25x | CN¥37.37 Million |
| 2021 | 12.61% | 4.54% | 2.46x | 1.13x | CN¥40.18 Million |
| 2022 | 7.77% | 4.01% | 1.67x | 1.16x | CN¥-36.44 Million |
| 2023 | 13.45% | 4.94% | 1.90x | 1.43x | CN¥63.66 Million |
| 2024 | 8.93% | 3.05% | 1.74x | 1.68x | CN¥-20.51 Million |
Industry Comparison
This section compares Shandong Longhua New Material 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 |
|---|---|---|---|---|
| Shandong Longhua New Material Co. Ltd. (301149) | CN¥2.36 Billion | 15.90% | 0.52x | $861.41 Million |
| 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 Shandong Longhua New Material Co. Ltd.
ShanDong Longhua New Material Co.,Ltd. engages in the research and development, production, and sale of polyether series products in China. The company offers polymer polyols (POP), polyether for CASE, amine-terminated polyether, and nylon 66, as well as general purpose soft foam polyether series products. It also provides foam for furniture, shoes, automobiles, coating, adhesives, sealant, and e… Read more