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¥2.43 Billion CNY (≈ $355.30 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥4.22 Billion ≈ $616.79 Million USD) and total liabilities (CN¥1.79 Billion ≈ $261.49 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. Also explore Shandong Longhua New Material Co. Ltd. balance sheet assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.43 Billion |
| % of Total Assets | 57.6% |
| Annual Growth Rate | 27.94% |
| 5-Year Change | 54.63% |
| 10-Year Change | 787.07% |
| Growth Volatility | 33.81 |
Shandong Longhua New Material Co. Ltd. - Net Assets Trend (2015–2025)
This chart illustrates how Shandong Longhua New Material Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. Check Shandong Longhua New Material Co. Ltd. (301149) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Shandong Longhua New Material Co. Ltd. (2015–2025)
The table below shows the annual net assets of Shandong Longhua New Material Co. Ltd. from 2015 to 2025. For live valuation and market cap data, see 301149 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥2.38 Billion ≈ $348.09 Million |
+23.96% |
| 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 8111.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥868.69 Million | 42.13% |
| Other Components | CN¥1.19 Billion | 57.87% |
| Total Equity | CN¥2.06 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 |
|---|---|
|
Wuhan Sanzhen Industry Holding Co Ltd
SHG:600168
|
$630.89 Million |
|
Flytech Technology Co Ltd
TW:6206
|
$631.01 Million |
|
Bestlink Tech Co Ltd
SHG:603206
|
$631.05 Million |
|
Wereldhav B-Sicafi
BR:WEHB
|
$631.16 Million |
|
Alltop Technology Co Ltd
TWO:3526
|
$630.57 Million |
|
Happiest Minds Technologies Limited
NSE:HAPPSTMNDS
|
$630.54 Million |
|
Südwestdeutsche Salzwerke AG
F:SSH
|
$630.45 Million |
|
Canny Elevator Co Ltd
SHE:002367
|
$630.37 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 2024 to 2025, total equity changed from 1,918,903,208 to 2,062,062,875, a change of 143,159,667 (7.5%).
- Net income of 142,518,700 contributed positively to equity growth.
- Dividend payments of 83,554,807 reduced retained earnings.
- Other comprehensive income decreased equity by 152,263,949.
- Other factors increased equity by 236,459,724.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥142.52 Million | +6.91% |
| Dividends Paid | CN¥83.55 Million | -4.05% |
| Other Comprehensive Income | CN¥-152.26 Million | -7.38% |
| Other Changes | CN¥236.46 Million | +11.47% |
| Total Change | CN¥- | 7.46% |
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: 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 6.13x 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 |
|---|---|---|---|
| 2015-12-31 | CN¥1.26 | CN¥7.71 | x |
| 2016-12-31 | CN¥1.51 | CN¥7.71 | x |
| 2017-12-31 | CN¥2.35 | CN¥7.71 | x |
| 2018-12-31 | CN¥1.36 | CN¥7.71 | x |
| 2019-12-31 | CN¥1.61 | CN¥7.71 | x |
| 2020-12-31 | CN¥1.95 | CN¥7.71 | x |
| 2021-12-31 | CN¥4.20 | CN¥7.71 | x |
| 2022-12-31 | CN¥3.86 | CN¥7.71 | x |
| 2023-12-31 | CN¥4.31 | CN¥7.71 | x |
| 2024-12-31 | CN¥4.48 | CN¥7.71 | x |
| 2025-12-31 | CN¥3.69 | CN¥7.71 | 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): 6.91%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.25%
- • Asset Turnover: 1.61x
- • Equity Multiplier: 1.90x
- Recent ROE (6.91%) is below the historical average (13.27%), 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 |
| 2025 | 6.91% | 2.25% | 1.61x | 1.90x | CN¥-63.69 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: $1,330,731,252
- Average return on equity (ROE) among peers: 5.74%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shandong Longhua New Material Co. Ltd. (301149) | CN¥2.43 Billion | 15.90% | 0.74x | $630.67 Million |
| Chongqing Sanxia Paints Co Ltd (000565) | $631.81 Million | 6.70% | 0.50x | $374.98 Million |
| Hengyi Petrochemical Co Ltd (000703) | $167.41 Million | 20.56% | 0.29x | $8.31 Billion |
| Guangdong Xinhui Meida Nylon Co Ltd (000782) | $1.09 Billion | 3.25% | 0.93x | $699.26 Million |
| Luxi Chemical Group Co Ltd (000830) | $5.30 Billion | 6.40% | 2.00x | $3.57 Billion |
| China Minmetals Rare Earth Co Ltd (000831) | $527.61 Million | 8.55% | 0.40x | $7.63 Billion |
| Anhui Guofeng Plastic Industry Co Ltd (000859) | $1.51 Billion | 3.99% | 0.42x | $1.10 Billion |
| Cofco Biochemical Anhui Co Ltd (000930) | $1.91 Billion | 1.35% | 3.00x | $1.30 Billion |
| Shandong Link Science and Technology Co Ltd (001207) | $198.24 Million | 18.03% | 1.03x | $687.11 Million |
| Zhejiang Transfar Co Ltd (002010) | $104.13 Million | 34.21% | 0.82x | $2.02 Billion |
| Poly Union Chemical Holding Group Co Ltd (002037) | $1.86 Billion | -45.62% | 7.40x | $485.03 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