Zhejiang Jiahua Energy Chemical Industry Co Ltd

SHG:600273 China Chemicals
Market Cap
$1.90 Billion
CN¥13.95 Billion CNY
Market Cap Rank
#7096 Global
#1173 in China
Share Price
CN¥10.28
Change (1 day)
-2.47%
52-Week Range
CN¥7.44 - CN¥12.16
All Time High
CN¥13.72
Categories
Companies in China Chemicals
About

Zhejiang Jiahua Energy Chemical Industry Co.,Ltd. manufactures and sells chemicals in China. The company offers chlor-alkali products, including industrial Hydrochloric acid, industrial liquid chlorine, sodium hypochlorite, industrial sodium hydroxide, and hydrogen; sulfuric acid, which includes sulfuric acid, fuming sulfuric acid, liquid SO3, AR acid, and chlorosulfonic acid; and hot supply prod… Read more

Zhejiang Jiahua Energy Chemical Industry Co Ltd (600273) - Net Assets

Latest net assets as of September 2025: CN¥10.08 Billion CNY

Based on the latest financial reports, Zhejiang Jiahua Energy Chemical Industry Co Ltd (600273) has net assets worth CN¥10.08 Billion CNY as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥13.60 Billion) and total liabilities (CN¥3.52 Billion). 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¥10.08 Billion
% of Total Assets 74.09%
Annual Growth Rate 19.94%
5-Year Change 30.45%
10-Year Change 194.6%
Growth Volatility 94.18

Zhejiang Jiahua Energy Chemical Industry Co Ltd - Net Assets Trend (2000–2024)

This chart illustrates how Zhejiang Jiahua Energy Chemical Industry 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 Zhejiang Jiahua Energy Chemical Industry Co Ltd (2000–2024)

The table below shows the annual net assets of Zhejiang Jiahua Energy Chemical Industry Co Ltd from 2000 to 2024.

Year Net Assets Change
2024-12-31 CN¥10.14 Billion +2.28%
2023-12-31 CN¥9.92 Billion +1.28%
2022-12-31 CN¥9.79 Billion +8.51%
2021-12-31 CN¥9.02 Billion +16.06%
2020-12-31 CN¥7.78 Billion +11.33%
2019-12-31 CN¥6.98 Billion +6.50%
2018-12-31 CN¥6.56 Billion +1.18%
2017-12-31 CN¥6.48 Billion +62.84%
2016-12-31 CN¥3.98 Billion +15.60%
2015-12-31 CN¥3.44 Billion +19.90%
2014-12-31 CN¥2.87 Billion +403.63%
2013-12-31 CN¥570.24 Million -5.78%
2012-12-31 CN¥605.24 Million +2.36%
2011-12-31 CN¥591.31 Million -37.30%
2010-12-31 CN¥943.02 Million +16.84%
2009-12-31 CN¥807.13 Million -3.74%
2008-12-31 CN¥838.52 Million +1.93%
2007-12-31 CN¥822.63 Million +31.71%
2006-12-31 CN¥624.58 Million +0.82%
2005-12-31 CN¥619.52 Million +0.77%
2004-12-31 CN¥614.77 Million +0.68%
2003-12-31 CN¥610.64 Million +268.13%
2002-12-31 CN¥165.88 Million +22.84%
2001-12-31 CN¥135.03 Million +4.57%
2000-12-31 CN¥129.13 Million --

Equity Component Analysis

This analysis shows how different components contribute to Zhejiang Jiahua Energy Chemical Industry 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 620735692435.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥6.21 Billion 61.36%
Common Stock CN¥1.39 Billion 13.75%
Other Comprehensive Income CN¥744.82 Million 7.36%
Other Components CN¥1.77 Billion 17.53%
Total Equity CN¥10.11 Billion 100.00%

Zhejiang Jiahua Energy Chemical Industry Co Ltd Competitors by Market Cap

The table below lists competitors of Zhejiang Jiahua Energy Chemical Industry Co Ltd ranked by their market capitalization.

Company Market Cap
Sichuan Jiuzhou Electronic Co Ltd
SHE:000801
 		$1.06 Billion
Mesoblast Limited
F:LWB
 		$1.06 Billion
Chengdu Olymvax Biopharmaceuticals Inc. A
SHG:688319
 		$1.06 Billion
K.P.R. Mill Limited
NSE:KPRMILL
 		$1.06 Billion
GMéxico Transportes S.A.B. de C.V
PINK:GMXTF
 		$1.06 Billion
CAPITAL STHWEST CORP.DL 1
F:SFW
 		$1.06 Billion
Relay Therapeutics Inc
NASDAQ:RLAY
 		$1.06 Billion
Cosan S.A
SA:CSAN3
 		$1.06 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Zhejiang Jiahua Energy Chemical Industry Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 9,886,123,704 to 10,114,750,747, a change of 228,627,043 (2.3%).
  • Net income of 1,007,763,750 contributed positively to equity growth.
  • Dividend payments of 572,293,618 reduced retained earnings.
  • Share repurchases of 197,222,890 reduced equity.
  • Other comprehensive income increased equity by 744,815,222.
  • Other factors decreased equity by 754,435,421.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥1.01 Billion +9.96%
Dividends Paid CN¥572.29 Million -5.66%
Share Repurchases CN¥197.22 Million -1.95%
Other Comprehensive Income CN¥744.82 Million +7.36%
Other Changes CN¥-754.44 Million -7.46%
Total Change CN¥- 2.31%

Book Value vs Market Value Analysis

This analysis compares Zhejiang Jiahua Energy Chemical Industry 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: 1.38x
  • 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 24.66x to 1.38x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2000-12-31 CN¥0.42 CN¥10.28 x
2001-12-31 CN¥0.44 CN¥10.28 x
2002-12-31 CN¥0.54 CN¥10.28 x
2003-12-31 CN¥2.90 CN¥10.28 x
2004-12-31 CN¥2.92 CN¥10.28 x
2005-12-31 CN¥2.94 CN¥10.28 x
2006-12-31 CN¥2.02 CN¥10.28 x
2007-12-31 CN¥2.54 CN¥10.28 x
2008-12-31 CN¥2.71 CN¥10.28 x
2009-12-31 CN¥2.53 CN¥10.28 x
2010-12-31 CN¥2.86 CN¥10.28 x
2011-12-31 CN¥1.86 CN¥10.28 x
2012-12-31 CN¥1.95 CN¥10.28 x
2013-12-31 CN¥0.60 CN¥10.28 x
2014-12-31 CN¥2.82 CN¥10.28 x
2015-12-31 CN¥2.60 CN¥10.28 x
2016-12-31 CN¥3.06 CN¥10.28 x
2017-12-31 CN¥4.67 CN¥10.28 x
2018-12-31 CN¥4.46 CN¥10.28 x
2019-12-31 CN¥5.00 CN¥10.28 x
2020-12-31 CN¥5.57 CN¥10.28 x
2021-12-31 CN¥6.48 CN¥10.28 x
2022-12-31 CN¥7.02 CN¥10.28 x
2023-12-31 CN¥7.12 CN¥10.28 x
2024-12-31 CN¥7.43 CN¥10.28 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Zhejiang Jiahua Energy Chemical Industry 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): 9.96%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 11.01%
  • • Asset Turnover: 0.70x
  • • Equity Multiplier: 1.30x
  • Recent ROE (9.96%) is below the historical average (11.89%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2000 19.31% 8.62% 1.39x 1.61x CN¥12.02 Million
2001 19.18% 11.96% 1.01x 1.59x CN¥12.40 Million
2002 18.59% 13.19% 0.85x 1.67x CN¥14.26 Million
2003 4.47% 5.64% 0.65x 1.23x CN¥-33.77 Million
2004 2.36% 2.61% 0.63x 1.44x CN¥-46.94 Million
2005 2.47% 2.90% 0.64x 1.34x CN¥-46.63 Million
2006 2.44% 2.33% 0.72x 1.45x CN¥-47.22 Million
2007 6.30% 2.92% 1.09x 1.99x CN¥-30.45 Million
2008 0.37% 0.17% 1.10x 1.94x CN¥-77.96 Million
2009 -5.14% -2.74% 0.82x 2.29x CN¥-116.56 Million
2010 15.39% 6.94% 0.83x 2.66x CN¥49.03 Million
2011 -50.51% -16.87% 0.97x 3.09x CN¥-353.25 Million
2012 2.56% 0.97% 1.10x 2.42x CN¥-44.58 Million
2013 76.35% 18.42% 1.93x 2.15x CN¥372.98 Million
2014 20.22% 17.11% 0.68x 1.75x CN¥292.63 Million
2015 19.58% 19.83% 0.58x 1.71x CN¥328.96 Million
2016 18.65% 16.44% 0.66x 1.71x CN¥343.35 Million
2017 14.98% 17.37% 0.65x 1.34x CN¥321.84 Million
2018 16.82% 19.63% 0.69x 1.25x CN¥446.11 Million
2019 17.62% 22.85% 0.60x 1.28x CN¥530.50 Million
2020 16.81% 23.42% 0.56x 1.28x CN¥527.97 Million
2021 20.08% 19.97% 0.75x 1.33x CN¥908.61 Million
2022 16.37% 13.90% 0.94x 1.26x CN¥622.32 Million
2023 11.93% 13.44% 0.75x 1.19x CN¥191.04 Million
2024 9.96% 11.01% 0.70x 1.30x CN¥-3.71 Million

Industry Comparison

This section compares Zhejiang Jiahua Energy Chemical Industry Co Ltd's net assets metrics with peer companies in the Chemicals industry.

Industry Context

  • Industry: Chemicals
  • Average net assets among peers: $2,626,916,213
  • Average return on equity (ROE) among peers: 12.41%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Zhejiang Jiahua Energy Chemical Industry Co Ltd (600273) CN¥10.08 Billion 19.31% 0.35x $1.06 Billion
North Huajin Chemical Industries Co Ltd (000059) $6.22 Billion 3.15% 2.45x $677.73 Million
Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) $1.22 Billion 8.90% 0.47x $2.89 Billion
Zangge Holding Co Ltd (000408) $13.85 Billion 18.63% 0.09x $11.87 Billion
Sichuan Jinlu Group Co Ltd (000510) $31.03 Million 11.65% 3.42x $1.15 Billion
Jilin Gpro Titanium Industry Co Ltd (000545) $258.76 Million 6.78% 0.30x $423.89 Million
Aoyuan Beauty Valley Technology Co Ltd (000615) $54.68 Million 39.27% 1.16x $225.85 Million
Ningxia Younglight Chemicals Co Ltd (000635) $184.46 Million 13.30% 2.58x $295.21 Million
Maoming Petro-Chemical Shihua Co Ltd (000637) $691.87 Million 1.61% 0.02x $187.22 Million
Shenyang Chemical Industry Co Ltd (000698) $3.01 Billion 7.14% 1.28x $240.44 Million
Hubei Shuanghuan Science and Technology Stock Co Ltd (000707) $759.12 Million 13.65% 0.22x $412.94 Million