Huarong Chemical Co. Ltd.
Huarong Chemical Co., Ltd. develops and sells potassium and chlorine products in China. The company offers potassium series, including potassium hydroxide flakes, food grade potassium hydroxide, reagent grade potassium hydroxide, electronic-grade potassium hydroxide, powdered potassium hydroxide, potassium fluorosilicate, and electronic chemicals. It also provides water treatment chemical, such a… Read more
Huarong Chemical Co. Ltd. (301256) - Net Assets
Latest net assets as of June 2025: CN¥1.71 Billion CNY
Based on the latest financial reports, Huarong Chemical Co. Ltd. (301256) has net assets worth CN¥1.71 Billion CNY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.31 Billion) and total liabilities (CN¥606.19 Million). 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¥1.71 Billion |
| % of Total Assets | 73.79% |
| Annual Growth Rate | 32.62% |
| 5-Year Change | 213.32% |
| 10-Year Change | N/A |
| Growth Volatility | 56.75 |
Huarong Chemical Co. Ltd. - Net Assets Trend (2019–2024)
This chart illustrates how Huarong Chemical 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 Huarong Chemical Co. Ltd. (2019–2024)
The table below shows the annual net assets of Huarong Chemical Co. Ltd. from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.73 Billion | -1.09% |
| 2023-12-31 | CN¥1.75 Billion | +5.87% |
| 2022-12-31 | CN¥1.65 Billion | +152.74% |
| 2021-12-31 | CN¥654.07 Million | +18.39% |
| 2020-12-31 | CN¥552.49 Million | +31.00% |
| 2019-12-31 | CN¥421.73 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Huarong Chemical 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 2207.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥332.64 Million | 19.22% |
| Other Components | CN¥1.40 Billion | 80.78% |
| Total Equity | CN¥1.73 Billion | 100.00% |
Huarong Chemical Co. Ltd. Competitors by Market Cap
The table below lists competitors of Huarong Chemical Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AUSTRALIAN ETHICAL INV.
F:1OP
|
$241.19 Million |
|
ICRA Limited
NSE:ICRA
|
$241.21 Million |
|
Australian Ethical Investment Ltd
AU:AEF
|
$241.24 Million |
|
AP Biosciences Inc
TWO:6945
|
$241.37 Million |
|
Voyager Acquisition Corp
NASDAQ:VACH
|
$241.06 Million |
|
Isras Investment Company Ltd
PINK:IRICF
|
$240.96 Million |
|
Comptech Composites Corp
SHE:301591
|
$240.96 Million |
|
Arteche Lantegi Elkartea SA
MC:ART
|
$240.89 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Huarong Chemical Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,750,091,193 to 1,731,036,406, a change of -19,054,787 (-1.1%).
- Net income of 100,497,783 contributed positively to equity growth.
- Dividend payments of 125,126,611 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥100.50 Million | +5.81% |
| Dividends Paid | CN¥125.13 Million | -7.23% |
| Other Changes | CN¥5.57 Million | +0.32% |
| Total Change | CN¥- | -1.09% |
Book Value vs Market Value Analysis
This analysis compares Huarong Chemical 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: 4.03x
- 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 12.40x to 4.03x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | CN¥1.17 | CN¥14.53 | x |
| 2020-12-31 | CN¥1.53 | CN¥14.53 | x |
| 2021-12-31 | CN¥1.82 | CN¥14.53 | x |
| 2022-12-31 | CN¥3.44 | CN¥14.53 | x |
| 2023-12-31 | CN¥3.65 | CN¥14.53 | x |
| 2024-12-31 | CN¥3.61 | CN¥14.53 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Huarong Chemical 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): 5.81%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.33%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 1.37x
- Recent ROE (5.81%) is below the historical average (13.16%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 23.55% | 9.61% | 1.51x | 1.62x | CN¥57.15 Million |
| 2020 | 18.70% | 10.92% | 1.34x | 1.28x | CN¥48.04 Million |
| 2021 | 15.58% | 15.81% | 0.82x | 1.20x | CN¥36.47 Million |
| 2022 | 7.39% | 10.76% | 0.51x | 1.34x | CN¥-43.16 Million |
| 2023 | 7.92% | 13.09% | 0.42x | 1.43x | CN¥-36.34 Million |
| 2024 | 5.81% | 8.33% | 0.51x | 1.37x | CN¥-72.61 Million |
Industry Comparison
This section compares Huarong Chemical 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 |
|---|---|---|---|---|
| Huarong Chemical Co. Ltd. (301256) | CN¥1.71 Billion | 23.55% | 0.36x | $241.08 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 |