Xinjiang Tianye Co Ltd (600075) - Net Assets
Based on the latest financial reports, Xinjiang Tianye Co Ltd (600075) has net assets worth CN¥9.31 Billion CNY (≈ $1.36 Billion 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¥21.31 Billion ≈ $3.12 Billion USD) and total liabilities (CN¥12.01 Billion ≈ $1.76 Billion 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 how resilient are Xinjiang Tianye Co Ltd's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥9.31 Billion |
| % of Total Assets | 43.66% |
| Annual Growth Rate | 22.33% |
| 5-Year Change | 23.47% |
| 10-Year Change | 354.88% |
| Growth Volatility | 77.63 |
Xinjiang Tianye Co Ltd - Net Assets Trend (1994–2024)
This chart illustrates how Xinjiang Tianye Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Xinjiang Tianye Co Ltd asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Xinjiang Tianye Co Ltd (1994–2024)
The table below shows the annual net assets of Xinjiang Tianye Co Ltd from 1994 to 2024. For live valuation and market cap data, see Xinjiang Tianye Co Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥9.33 Billion ≈ $1.37 Billion |
+0.76% |
| 2023-12-31 | CN¥9.26 Billion ≈ $1.35 Billion |
-15.27% |
| 2022-12-31 | CN¥10.93 Billion ≈ $1.60 Billion |
+10.25% |
| 2021-12-31 | CN¥9.91 Billion ≈ $1.45 Billion |
+31.17% |
| 2020-12-31 | CN¥7.56 Billion ≈ $1.11 Billion |
+48.57% |
| 2019-12-31 | CN¥5.09 Billion ≈ $744.17 Million |
-1.92% |
| 2018-12-31 | CN¥5.18 Billion ≈ $758.70 Million |
+8.77% |
| 2017-12-31 | CN¥4.77 Billion ≈ $697.55 Million |
+11.02% |
| 2016-12-31 | CN¥4.29 Billion ≈ $628.32 Million |
+109.36% |
| 2015-12-31 | CN¥2.05 Billion ≈ $300.11 Million |
+1.54% |
| 2014-12-31 | CN¥2.02 Billion ≈ $295.56 Million |
+2.07% |
| 2013-12-31 | CN¥1.98 Billion ≈ $289.58 Million |
-10.03% |
| 2012-12-31 | CN¥2.20 Billion ≈ $321.85 Million |
-3.90% |
| 2011-12-31 | CN¥2.29 Billion ≈ $334.91 Million |
+4.57% |
| 2010-12-31 | CN¥2.19 Billion ≈ $320.29 Million |
+5.81% |
| 2009-12-31 | CN¥2.07 Billion ≈ $302.72 Million |
-1.06% |
| 2008-12-31 | CN¥2.09 Billion ≈ $305.96 Million |
-0.36% |
| 2007-12-31 | CN¥2.10 Billion ≈ $307.07 Million |
+18.33% |
| 2006-12-31 | CN¥1.77 Billion ≈ $259.50 Million |
+14.46% |
| 2005-12-31 | CN¥1.55 Billion ≈ $226.71 Million |
+9.52% |
| 2004-12-31 | CN¥1.41 Billion ≈ $207.00 Million |
+7.64% |
| 2003-12-31 | CN¥1.31 Billion ≈ $192.31 Million |
+11.17% |
| 2002-12-31 | CN¥1.18 Billion ≈ $172.98 Million |
+1.90% |
| 2001-12-31 | CN¥1.16 Billion ≈ $169.76 Million |
+3.46% |
| 2000-12-31 | CN¥1.12 Billion ≈ $164.08 Million |
+8.26% |
| 1999-12-31 | CN¥1.04 Billion ≈ $151.56 Million |
+188.55% |
| 1998-12-31 | CN¥358.94 Million ≈ $52.52 Million |
+37.46% |
| 1997-12-31 | CN¥261.12 Million ≈ $38.21 Million |
+391.41% |
| 1996-12-31 | CN¥53.14 Million ≈ $7.78 Million |
+33.69% |
| 1995-12-31 | CN¥39.75 Million ≈ $5.82 Million |
+80.10% |
| 1994-12-31 | CN¥22.07 Million ≈ $3.23 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Xinjiang Tianye 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 442817647100.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥4.43 Billion | 47.50% |
| Common Stock | CN¥1.71 Billion | 18.31% |
| Other Comprehensive Income | CN¥1.54 Billion | 16.53% |
| Other Components | CN¥1.65 Billion | 17.66% |
| Total Equity | CN¥9.32 Billion | 100.00% |
Xinjiang Tianye Co Ltd Competitors by Market Cap
The table below lists competitors of Xinjiang Tianye Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Visionox Technology Inc
SHE:002387
|
$1.66 Billion |
|
SEAZEN GROUP LTD. HD-001
F:6FLA
|
$1.66 Billion |
|
Innoviva Inc
NASDAQ:INVA
|
$1.66 Billion |
|
KSB Ltd
NSE:KSB
|
$1.66 Billion |
|
HAMB.H.U.L. UNSP.ADR/1/2
F:HHFB
|
$1.66 Billion |
|
Shiny Chemical Industrial Co Ltd
TW:1773
|
$1.66 Billion |
|
Doosan Pref Shs
KO:000155
|
$1.66 Billion |
|
Playa Hotels & Resorts BV
NASDAQ:PLYA
|
$1.66 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Xinjiang Tianye Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 9,251,817,594 to 9,322,353,633, a change of 70,536,039 (0.8%).
- Net income of 68,434,984 contributed positively to equity growth.
- Dividend payments of 148,620,118 reduced retained earnings.
- Other comprehensive income increased equity by 1,192,972,206.
- Other factors decreased equity by 1,042,251,033.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥68.43 Million | +0.73% |
| Dividends Paid | CN¥148.62 Million | -1.59% |
| Other Comprehensive Income | CN¥1.19 Billion | +12.8% |
| Other Changes | CN¥-1.04 Billion | -11.18% |
| Total Change | CN¥- | 0.76% |
Book Value vs Market Value Analysis
This analysis compares Xinjiang Tianye 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: 1.22x
- 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 95.62x to 1.22x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1994-12-31 | CN¥0.07 | CN¥6.64 | x |
| 1995-12-31 | CN¥0.13 | CN¥6.64 | x |
| 1996-12-31 | CN¥0.17 | CN¥6.64 | x |
| 1997-12-31 | CN¥0.79 | CN¥6.64 | x |
| 1998-12-31 | CN¥1.12 | CN¥6.64 | x |
| 1999-12-31 | CN¥3.20 | CN¥6.64 | x |
| 2000-12-31 | CN¥3.41 | CN¥6.64 | x |
| 2001-12-31 | CN¥3.43 | CN¥6.64 | x |
| 2002-12-31 | CN¥3.49 | CN¥6.64 | x |
| 2003-12-31 | CN¥3.57 | CN¥6.64 | x |
| 2004-12-31 | CN¥3.74 | CN¥6.64 | x |
| 2005-12-31 | CN¥4.20 | CN¥6.64 | x |
| 2006-12-31 | CN¥2.14 | CN¥6.64 | x |
| 2007-12-31 | CN¥2.59 | CN¥6.64 | x |
| 2008-12-31 | CN¥2.61 | CN¥6.64 | x |
| 2009-12-31 | CN¥2.60 | CN¥6.64 | x |
| 2010-12-31 | CN¥2.74 | CN¥6.64 | x |
| 2011-12-31 | CN¥2.96 | CN¥6.64 | x |
| 2012-12-31 | CN¥2.75 | CN¥6.64 | x |
| 2013-12-31 | CN¥2.44 | CN¥6.64 | x |
| 2014-12-31 | CN¥2.54 | CN¥6.64 | x |
| 2015-12-31 | CN¥2.59 | CN¥6.64 | x |
| 2016-12-31 | CN¥4.66 | CN¥6.64 | x |
| 2017-12-31 | CN¥4.43 | CN¥6.64 | x |
| 2018-12-31 | CN¥4.96 | CN¥6.64 | x |
| 2019-12-31 | CN¥3.66 | CN¥6.64 | x |
| 2020-12-31 | CN¥5.27 | CN¥6.64 | x |
| 2021-12-31 | CN¥6.19 | CN¥6.64 | x |
| 2022-12-31 | CN¥6.23 | CN¥6.64 | x |
| 2023-12-31 | CN¥5.37 | CN¥6.64 | x |
| 2024-12-31 | CN¥5.45 | CN¥6.64 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Xinjiang Tianye 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): 0.73%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.61%
- • Asset Turnover: 0.54x
- • Equity Multiplier: 2.20x
- Recent ROE (0.73%) is below the historical average (11.08%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1994 | 54.65% | 18.47% | 0.78x | 3.77x | CN¥9.85 Million |
| 1995 | 40.23% | 15.28% | 0.90x | 2.93x | CN¥12.01 Million |
| 1996 | 38.79% | 14.50% | 0.89x | 2.99x | CN¥15.30 Million |
| 1997 | 12.97% | 19.04% | 0.42x | 1.63x | CN¥7.50 Million |
| 1998 | 28.40% | 51.07% | 0.34x | 1.61x | CN¥65.27 Million |
| 1999 | 6.20% | 8.68% | 0.45x | 1.58x | CN¥-38.72 Million |
| 2000 | 6.28% | 4.82% | 0.64x | 2.02x | CN¥-40.30 Million |
| 2001 | 3.94% | 3.36% | 0.49x | 2.38x | CN¥-65.99 Million |
| 2002 | 4.26% | 3.28% | 0.51x | 2.54x | CN¥-63.65 Million |
| 2003 | 5.18% | 3.26% | 0.54x | 2.97x | CN¥-54.71 Million |
| 2004 | 5.99% | 2.75% | 0.67x | 3.26x | CN¥-47.67 Million |
| 2005 | 12.00% | 5.26% | 0.65x | 3.53x | CN¥26.72 Million |
| 2006 | 16.20% | 6.71% | 0.64x | 3.76x | CN¥81.30 Million |
| 2007 | 17.08% | 4.75% | 0.99x | 3.64x | CN¥112.49 Million |
| 2008 | 3.59% | 1.56% | 0.69x | 3.34x | CN¥-102.81 Million |
| 2009 | 0.43% | 0.21% | 0.70x | 2.91x | CN¥-152.82 Million |
| 2010 | 6.51% | 3.24% | 0.75x | 2.68x | CN¥-59.70 Million |
| 2011 | 5.30% | 2.65% | 0.81x | 2.47x | CN¥-84.86 Million |
| 2012 | -4.15% | -1.76% | 0.90x | 2.61x | CN¥-243.11 Million |
| 2013 | -14.35% | -5.47% | 0.88x | 3.00x | CN¥-365.94 Million |
| 2014 | 2.53% | 0.91% | 1.16x | 2.38x | CN¥-115.20 Million |
| 2015 | 14.34% | 4.63% | 1.40x | 2.22x | CN¥68.76 Million |
| 2016 | 12.65% | 8.74% | 0.66x | 2.20x | CN¥102.44 Million |
| 2017 | 12.42% | 12.71% | 0.48x | 2.05x | CN¥105.10 Million |
| 2018 | 10.29% | 10.22% | 0.56x | 1.80x | CN¥13.95 Million |
| 2019 | 11.49% | 6.42% | 1.05x | 1.70x | CN¥70.45 Million |
| 2020 | 12.34% | 9.50% | 0.63x | 2.06x | CN¥168.21 Million |
| 2021 | 17.13% | 13.64% | 0.74x | 1.70x | CN¥681.74 Million |
| 2022 | 8.50% | 6.34% | 0.71x | 1.89x | CN¥-159.12 Million |
| 2023 | -8.38% | -6.76% | 0.54x | 2.28x | CN¥-1.70 Billion |
| 2024 | 0.73% | 0.61% | 0.54x | 2.20x | CN¥-863.80 Million |
Industry Comparison
This section compares Xinjiang Tianye Co Ltd's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $2,769,045,563
- Average return on equity (ROE) among peers: 6.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Xinjiang Tianye Co Ltd (600075) | CN¥9.31 Billion | 54.65% | 1.29x | $1.66 Billion |
| North Huajin Chemical Industries Co Ltd (000059) | $1.37 Billion | 0.00% | 0.79x | $1.28 Billion |
| Sichuan Chemical Co Ltd (000155) | $1.46 Billion | 0.78% | 1.16x | $4.82 Billion |
| Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) | $506.50 Million | 16.41% | 1.45x | $12.92 Billion |
| Zangge Holding Co Ltd (000408) | $304.26 Million | 8.29% | 1.38x | $20.72 Billion |
| Sichuan Jinlu Group Co Ltd (000510) | $1.46 Billion | 0.89% | 0.57x | $1.47 Billion |
| Jilin Gpro Titanium Industry Co Ltd (000545) | $269.12 Million | 8.73% | 0.27x | $438.99 Million |
| Aoyuan Beauty Valley Technology Co Ltd (000615) | $728.86 Million | 0.46% | 0.67x | $855.32 Million |
| Ningxia Younglight Chemicals Co Ltd (000635) | $934.64 Million | 13.67% | 2.94x | $472.35 Million |
| Maoming Petro-Chemical Shihua Co Ltd (000637) | $1.03 Billion | 8.78% | 0.45x | $362.87 Million |
| Inner Mongolia Yuan Xing Energy Co Ltd (000683) | $19.62 Billion | 9.23% | 0.83x | $4.87 Billion |
About Xinjiang Tianye Co Ltd
Xinjiang Tianye Co.,Ltd. produces and sells chemical products in China and internationally. The company offers general-purpose polyvinyl chloride resins, special resins, paste resins, caustic soda flakes, caustics soda granules, cement and cement products, ketchup, and citric acid. It is involved in automobile transportation; production and sale of plastic products, and calcium carbide and its by… Read more