Longkou Union Chemical Co. Ltd. A (301209) - Net Assets
Based on the latest financial reports, Longkou Union Chemical Co. Ltd. A (301209) has net assets worth CN¥763.33 Million CNY (≈ $111.70 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¥968.45 Million ≈ $141.71 Million USD) and total liabilities (CN¥205.12 Million ≈ $30.02 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 301209 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥763.33 Million |
| % of Total Assets | 78.82% |
| Annual Growth Rate | 27.33% |
| 5-Year Change | 162.29% |
| 10-Year Change | N/A |
| Growth Volatility | 30.17 |
Longkou Union Chemical Co. Ltd. A - Net Assets Trend (2018–2024)
This chart illustrates how Longkou Union Chemical Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. Also explore Longkou Union Chemical Co. Ltd. A asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Longkou Union Chemical Co. Ltd. A (2018–2024)
The table below shows the annual net assets of Longkou Union Chemical Co. Ltd. A from 2018 to 2024. For live valuation and market cap data, see Longkou Union Chemical Co. Ltd. A market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥728.83 Million ≈ $106.65 Million |
+5.95% |
| 2023-12-31 | CN¥687.92 Million ≈ $100.67 Million |
+2.96% |
| 2022-12-31 | CN¥668.17 Million ≈ $97.77 Million |
+93.62% |
| 2021-12-31 | CN¥345.09 Million ≈ $50.50 Million |
+24.19% |
| 2020-12-31 | CN¥277.87 Million ≈ $40.66 Million |
+33.02% |
| 2019-12-31 | CN¥208.90 Million ≈ $30.57 Million |
+22.16% |
| 2018-12-31 | CN¥171.00 Million ≈ $25.02 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Longkou Union Chemical Co. Ltd. A'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 331.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥185.38 Million | 25.44% |
| Common Stock | CN¥80.00 Million | 10.98% |
| Other Comprehensive Income | CN¥29.49 Million | 4.05% |
| Other Components | CN¥433.96 Million | 59.54% |
| Total Equity | CN¥728.83 Million | 100.00% |
Longkou Union Chemical Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Longkou Union Chemical Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Three's Company Media Group Co Ltd
SHG:605168
|
$1.45 Billion |
|
Akzo Nobel India Limited
NSE:AKZOINDIA
|
$1.45 Billion |
|
Telecom Argentina SA ADR
NYSE:TEO
|
$1.45 Billion |
|
Elite Semiconductor Memory Technology Inc
TW:3006
|
$1.45 Billion |
|
Eyebright Medical Technology Beijing Co Ltd
SHG:688050
|
$1.45 Billion |
|
Nektar Therapeutics
NASDAQ:NKTR
|
$1.45 Billion |
|
NCAB Group
ST:NCAB
|
$1.45 Billion |
|
TGS ASA SP.ADR/1
F:TGC0
|
$1.45 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Longkou Union Chemical Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 687,924,786 to 728,829,645, a change of 40,904,859 (5.9%).
- Net income of 56,432,141 contributed positively to equity growth.
- Dividend payments of 16,000,000 reduced retained earnings.
- Other comprehensive income increased equity by 28,556,861.
- Other factors decreased equity by 28,084,143.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥56.43 Million | +7.74% |
| Dividends Paid | CN¥16.00 Million | -2.2% |
| Other Comprehensive Income | CN¥28.56 Million | +3.92% |
| Other Changes | CN¥-28.08 Million | -3.85% |
| Total Change | CN¥- | 5.95% |
Book Value vs Market Value Analysis
This analysis compares Longkou Union Chemical Co. Ltd. A'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: 9.72x
- 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 41.44x to 9.72x 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¥2.14 | CN¥88.57 | x |
| 2019-12-31 | CN¥2.61 | CN¥88.57 | x |
| 2020-12-31 | CN¥3.47 | CN¥88.57 | x |
| 2021-12-31 | CN¥5.79 | CN¥88.57 | x |
| 2022-12-31 | CN¥8.35 | CN¥88.57 | x |
| 2023-12-31 | CN¥8.60 | CN¥88.57 | x |
| 2024-12-31 | CN¥9.11 | CN¥88.57 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Longkou Union Chemical Co. Ltd. A 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): 7.74%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.56%
- • Asset Turnover: 0.61x
- • Equity Multiplier: 1.20x
- Recent ROE (7.74%) is below the historical average (14.03%), 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 | 16.84% | 6.28% | 1.26x | 2.13x | CN¥11.69 Million |
| 2019 | 18.33% | 8.62% | 1.10x | 1.94x | CN¥17.39 Million |
| 2020 | 21.31% | 12.53% | 1.18x | 1.44x | CN¥31.42 Million |
| 2021 | 19.48% | 12.18% | 1.12x | 1.43x | CN¥32.70 Million |
| 2022 | 9.60% | 11.84% | 0.69x | 1.17x | CN¥-2.66 Million |
| 2023 | 4.92% | 7.90% | 0.53x | 1.18x | CN¥-34.96 Million |
| 2024 | 7.74% | 10.56% | 0.61x | 1.20x | CN¥-16.45 Million |
Industry Comparison
This section compares Longkou Union Chemical Co. Ltd. A'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 |
|---|---|---|---|---|
| Longkou Union Chemical Co. Ltd. A (301209) | CN¥763.33 Million | 16.84% | 0.27x | $1.45 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 Longkou Union Chemical Co. Ltd. A
Longkou Union Chemical Co., Ltd. engages in the production and sale of organic pigments in China and internationally. It offers squeeze base ink. The company's products are used in ink, plastic, coating, and cultural and educational supplies. Longkou Union Chemical Co., Ltd. was founded in 2007 and is based in Longkou, China.