Hubei Xingfa Chemicals Group Co Ltd (600141) - Net Assets

Latest as of September 2025: CN¥24.33 Billion CNY ≈ $3.56 Billion USD

Based on the latest financial reports, Hubei Xingfa Chemicals Group Co Ltd (600141) has net assets worth CN¥24.33 Billion CNY (≈ $3.56 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¥51.74 Billion ≈ $7.57 Billion USD) and total liabilities (CN¥27.41 Billion ≈ $4.01 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 financial resilience of Hubei Xingfa Chemicals Group Co Ltd to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥24.33 Billion
% of Total Assets	47.02%
Annual Growth Rate	21.01%
5-Year Change	109.08%
10-Year Change	278.66%
Growth Volatility	23.82

Hubei Xingfa Chemicals Group Co Ltd - Net Assets Trend (1996–2024)

This chart illustrates how Hubei Xingfa Chemicals Group Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Hubei Xingfa Chemicals Group Co Ltd for the complete picture of this company's asset base.

Annual Net Assets for Hubei Xingfa Chemicals Group Co Ltd (1996–2024)

The table below shows the annual net assets of Hubei Xingfa Chemicals Group Co Ltd from 1996 to 2024. For live valuation and market cap data, see Hubei Xingfa Chemicals Group Co Ltd (600141) total market value.

Year	Net Assets	Change
2024-12-31	CN¥22.88 Billion ≈ $3.35 Billion	+4.15%
2023-12-31	CN¥21.97 Billion ≈ $3.21 Billion	+2.97%
2022-12-31	CN¥21.34 Billion ≈ $3.12 Billion	+36.84%
2021-12-31	CN¥15.59 Billion ≈ $2.28 Billion	+42.46%
2020-12-31	CN¥10.94 Billion ≈ $1.60 Billion	+12.63%
2019-12-31	CN¥9.72 Billion ≈ $1.42 Billion	+14.87%
2018-12-31	CN¥8.46 Billion ≈ $1.24 Billion	+18.87%
2017-12-31	CN¥7.12 Billion ≈ $1.04 Billion	+7.04%
2016-12-31	CN¥6.65 Billion ≈ $972.91 Million	+10.02%
2015-12-31	CN¥6.04 Billion ≈ $884.28 Million	-0.62%
2014-12-31	CN¥6.08 Billion ≈ $889.82 Million	+42.32%
2013-12-31	CN¥4.27 Billion ≈ $625.24 Million	-6.09%
2012-12-31	CN¥4.55 Billion ≈ $665.81 Million	+81.33%
2011-12-31	CN¥2.51 Billion ≈ $367.19 Million	+27.40%
2010-12-31	CN¥1.97 Billion ≈ $288.20 Million	+53.64%
2009-12-31	CN¥1.28 Billion ≈ $187.58 Million	+8.72%
2008-12-31	CN¥1.18 Billion ≈ $172.53 Million	+32.61%
2007-12-31	CN¥889.11 Million ≈ $130.11 Million	+48.43%
2006-12-31	CN¥599.01 Million ≈ $87.65 Million	+11.33%
2005-12-31	CN¥538.06 Million ≈ $78.73 Million	+6.24%
2004-12-31	CN¥506.44 Million ≈ $74.11 Million	+8.64%
2003-12-31	CN¥466.15 Million ≈ $68.21 Million	+11.38%
2002-12-31	CN¥418.54 Million ≈ $61.25 Million	+0.10%
2001-12-31	CN¥418.14 Million ≈ $61.19 Million	+4.10%
2000-12-31	CN¥401.66 Million ≈ $58.78 Million	+2.65%
1999-12-31	CN¥391.28 Million ≈ $57.26 Million	+82.89%
1998-12-31	CN¥213.94 Million ≈ $31.31 Million	+23.35%
1997-12-31	CN¥173.44 Million ≈ $25.38 Million	+57.94%
1996-12-31	CN¥109.82 Million ≈ $16.07 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Hubei Xingfa Chemicals Group 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 336400.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥12.07 Billion	56.23%
Common Stock	CN¥1.10 Billion	5.14%
Other Components	CN¥8.29 Billion	38.63%
Total Equity	CN¥21.46 Billion	100.00%

Hubei Xingfa Chemicals Group Co Ltd Competitors by Market Cap

The table below lists competitors of Hubei Xingfa Chemicals Group Co Ltd ranked by their market capitalization.

Company	Market Cap
Enpro Industries NYSE:NPO	$5.74 Billion
Addsino Co Ltd SHE:000547	$5.75 Billion
New Hope Liuhe Co Ltd SHE:000876	$5.75 Billion
Qilu Bank Co Ltd SHG:601665	$5.75 Billion
Nice Ltd TA:NICE	$5.74 Billion
Zalando SE XETRA:ZAL	$5.73 Billion
SSR Mining Inc NASDAQ:SSRM	$5.73 Billion
Hanwha Solutions KO:009830	$5.73 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Hubei Xingfa Chemicals Group Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 20,704,948,971 to 21,463,192,101, a change of 758,243,130 (3.7%).
Net income of 1,601,382,112 contributed positively to equity growth.
Dividend payments of 985,410,729 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥1.60 Billion	+7.46%
Dividends Paid	CN¥985.41 Million	-4.59%
Other Changes	CN¥142.27 Million	+0.66%
Total Change	CN¥-	3.66%

Book Value vs Market Value Analysis

This analysis compares Hubei Xingfa Chemicals Group 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: 1.74x
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 88.35x to 1.74x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
1996-12-31	CN¥0.37	CN¥32.64	x
1997-12-31	CN¥0.60	CN¥32.64	x
1998-12-31	CN¥0.74	CN¥32.64	x
1999-12-31	CN¥1.37	CN¥32.64	x
2000-12-31	CN¥1.41	CN¥32.64	x
2001-12-31	CN¥1.44	CN¥32.64	x
2002-12-31	CN¥1.45	CN¥32.64	x
2003-12-31	CN¥1.62	CN¥32.64	x
2004-12-31	CN¥1.76	CN¥32.64	x
2005-12-31	CN¥1.87	CN¥32.64	x
2006-12-31	CN¥1.77	CN¥32.64	x
2007-12-31	CN¥2.56	CN¥32.64	x
2008-12-31	CN¥3.24	CN¥32.64	x
2009-12-31	CN¥2.97	CN¥32.64	x
2010-12-31	CN¥3.91	CN¥32.64	x
2011-12-31	CN¥4.36	CN¥32.64	x
2012-12-31	CN¥7.78	CN¥32.64	x
2013-12-31	CN¥6.26	CN¥32.64	x
2014-12-31	CN¥8.60	CN¥32.64	x
2015-12-31	CN¥7.88	CN¥32.64	x
2016-12-31	CN¥8.17	CN¥32.64	x
2017-12-31	CN¥8.05	CN¥32.64	x
2018-12-31	CN¥9.18	CN¥32.64	x
2019-12-31	CN¥9.04	CN¥32.64	x
2020-12-31	CN¥9.26	CN¥32.64	x
2021-12-31	CN¥12.62	CN¥32.64	x
2022-12-31	CN¥18.07	CN¥32.64	x
2023-12-31	CN¥17.57	CN¥32.64	x
2024-12-31	CN¥18.76	CN¥32.64	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Hubei Xingfa Chemicals Group 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): 7.46%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 5.64%
• Asset Turnover: 0.59x
• Equity Multiplier: 2.23x
Recent ROE (7.46%) is below the historical average (10.44%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
1996	19.35%	13.16%	0.61x	2.42x	CN¥9.66 Million
1997	25.83%	19.02%	0.70x	1.95x	CN¥26.40 Million
1998	19.27%	17.11%	0.66x	1.70x	CN¥19.15 Million
1999	6.85%	13.49%	0.29x	1.78x	CN¥-12.09 Million
2000	6.54%	9.44%	0.41x	1.70x	CN¥-13.66 Million
2001	8.32%	9.39%	0.50x	1.77x	CN¥-6.77 Million
2002	4.39%	3.85%	0.48x	2.36x	CN¥-22.70 Million
2003	4.46%	2.95%	0.47x	3.24x	CN¥-25.10 Million
2004	6.05%	2.97%	0.53x	3.84x	CN¥-19.47 Million
2005	6.38%	2.75%	0.54x	4.32x	CN¥-18.87 Million
2006	7.80%	2.76%	0.65x	4.32x	CN¥-12.42 Million
2007	8.95%	4.61%	0.59x	3.31x	CN¥-8.94 Million
2008	26.18%	11.22%	0.87x	2.69x	CN¥182.42 Million
2009	11.57%	4.62%	0.86x	2.92x	CN¥19.58 Million
2010	10.83%	3.92%	0.76x	3.66x	CN¥14.07 Million
2011	12.24%	3.59%	0.79x	4.34x	CN¥42.55 Million
2012	8.36%	2.98%	0.70x	4.03x	CN¥-56.25 Million
2013	1.73%	0.53%	0.73x	4.45x	CN¥-279.28 Million
2014	10.08%	4.34%	0.58x	4.01x	CN¥3.71 Million
2015	1.59%	0.62%	0.58x	4.39x	CN¥-409.77 Million
2016	1.73%	0.70%	0.68x	3.63x	CN¥-486.35 Million
2017	5.22%	2.02%	0.72x	3.57x	CN¥-291.74 Million
2018	5.34%	2.25%	0.70x	3.40x	CN¥-351.59 Million
2019	3.65%	1.68%	0.62x	3.49x	CN¥-525.71 Million
2020	6.48%	3.39%	0.60x	3.17x	CN¥-338.05 Million
2021	30.51%	17.91%	0.69x	2.46x	CN¥2.88 Billion
2022	28.83%	19.31%	0.73x	2.05x	CN¥3.82 Billion
2023	6.76%	4.95%	0.63x	2.15x	CN¥-669.83 Million
2024	7.46%	5.64%	0.59x	2.23x	CN¥-544.94 Million

Industry Comparison

This section compares Hubei Xingfa Chemicals Group Co Ltd's net assets metrics with peer companies in the Chemicals industry.

Industry Context

Industry: Chemicals
Average net assets among peers: $6,214,115,776
Average return on equity (ROE) among peers: 9.86%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Hubei Xingfa Chemicals Group Co Ltd (600141)	CN¥24.33 Billion	19.35%	1.13x	$5.74 Billion
North Huajin Chemical Industries Co Ltd (000059)	$9.22 Billion	3.57%	2.25x	$1.33 Billion
Sichuan Chemical Co Ltd (000155)	$-1.63 Billion	0.00%	0.00x	$4.71 Billion
Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301)	$29.41 Billion	15.56%	3.49x	$12.84 Billion
Zangge Holding Co Ltd (000408)	$12.12 Billion	46.64%	0.12x	$20.51 Billion
Sichuan Jinlu Group Co Ltd (000510)	$985.98 Million	10.70%	1.81x	$1.34 Billion
Jilin Gpro Titanium Industry Co Ltd (000545)	$-38.74 Million	0.00%	0.00x	$436.10 Million
Aoyuan Beauty Valley Technology Co Ltd (000615)	$2.65 Billion	-5.08%	2.56x	$871.02 Million
Ningxia Younglight Chemicals Co Ltd (000635)	$342.74 Million	13.58%	2.48x	$470.62 Million
Maoming Petro-Chemical Shihua Co Ltd (000637)	$527.87 Million	11.23%	0.11x	$366.68 Million
Inner Mongolia Yuan Xing Energy Co Ltd (000683)	$8.55 Billion	2.43%	1.28x	$4.87 Billion

About Hubei Xingfa Chemicals Group Co Ltd

SHG:600141 China Chemicals

Market Cap

$5.74 Billion

CN¥39.22 Billion CNY

Market Cap Rank

#3282 Global

#485 in China

Share Price

CN¥32.64

Change (1 day)

-2.74%

52-Week Range

CN¥20.09 - CN¥43.75

All Time High

CN¥52.34