Zhejiang Jiahua Energy Chemical Industry Co Ltd (600273) - Net Assets
Based on the latest financial reports, Zhejiang Jiahua Energy Chemical Industry Co Ltd (600273) has net assets worth CN¥10.19 Billion CNY (≈ $1.49 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥13.84 Billion ≈ $2.03 Billion USD) and total liabilities (CN¥3.66 Billion ≈ $535.08 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 how tangible is Zhejiang Jiahua Energy Chemical Industry's equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥10.19 Billion |
| % of Total Assets | 73.58% |
| Annual Growth Rate | 19.09% |
| 5-Year Change | 12.78% |
| 10-Year Change | 155.7% |
| Growth Volatility | 92.54 |
Zhejiang Jiahua Energy Chemical Industry Co Ltd - Net Assets Trend (2000–2025)
This chart illustrates how Zhejiang Jiahua Energy Chemical Industry Co Ltd's net assets have evolved over time, based on quarterly financial data. See Zhejiang Jiahua Energy Chemical Industry (600273) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Zhejiang Jiahua Energy Chemical Industry Co Ltd (2000–2025)
The table below shows the annual net assets of Zhejiang Jiahua Energy Chemical Industry Co Ltd from 2000 to 2025. For live valuation and market cap data, see Zhejiang Jiahua Energy Chemical Industry (600273) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥10.18 Billion ≈ $1.49 Billion |
+0.33% |
| 2024-12-31 | CN¥10.14 Billion ≈ $1.48 Billion |
+2.28% |
| 2023-12-31 | CN¥9.92 Billion ≈ $1.45 Billion |
+1.28% |
| 2022-12-31 | CN¥9.79 Billion ≈ $1.43 Billion |
+8.51% |
| 2021-12-31 | CN¥9.02 Billion ≈ $1.32 Billion |
+16.06% |
| 2020-12-31 | CN¥7.78 Billion ≈ $1.14 Billion |
+11.33% |
| 2019-12-31 | CN¥6.98 Billion ≈ $1.02 Billion |
+6.50% |
| 2018-12-31 | CN¥6.56 Billion ≈ $959.71 Million |
+1.18% |
| 2017-12-31 | CN¥6.48 Billion ≈ $948.53 Million |
+62.84% |
| 2016-12-31 | CN¥3.98 Billion ≈ $582.47 Million |
+15.60% |
| 2015-12-31 | CN¥3.44 Billion ≈ $503.87 Million |
+19.90% |
| 2014-12-31 | CN¥2.87 Billion ≈ $420.25 Million |
+403.63% |
| 2013-12-31 | CN¥570.24 Million ≈ $83.44 Million |
-5.78% |
| 2012-12-31 | CN¥605.24 Million ≈ $88.57 Million |
+2.36% |
| 2011-12-31 | CN¥591.31 Million ≈ $86.53 Million |
-37.30% |
| 2010-12-31 | CN¥943.02 Million ≈ $137.99 Million |
+16.84% |
| 2009-12-31 | CN¥807.13 Million ≈ $118.11 Million |
-3.74% |
| 2008-12-31 | CN¥838.52 Million ≈ $122.70 Million |
+1.93% |
| 2007-12-31 | CN¥822.63 Million ≈ $120.38 Million |
+31.71% |
| 2006-12-31 | CN¥624.58 Million ≈ $91.40 Million |
+0.82% |
| 2005-12-31 | CN¥619.52 Million ≈ $90.66 Million |
+0.77% |
| 2004-12-31 | CN¥614.77 Million ≈ $89.96 Million |
+0.68% |
| 2003-12-31 | CN¥610.64 Million ≈ $89.36 Million |
+268.13% |
| 2002-12-31 | CN¥165.88 Million ≈ $24.27 Million |
+22.84% |
| 2001-12-31 | CN¥135.03 Million ≈ $19.76 Million |
+4.57% |
| 2000-12-31 | CN¥129.13 Million ≈ $18.90 Million |
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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 666210866090.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥6.66 Billion | 65.49% |
| Other Components | CN¥3.51 Billion | 34.51% |
| Total Equity | CN¥10.17 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 |
|---|---|
|
Couchbase Inc
NASDAQ:BASE
|
$1.31 Billion |
|
GuoChuang Software Co Ltd
SHE:300520
|
$1.31 Billion |
|
Jade Bird Fire Alarm
SHE:002960
|
$1.31 Billion |
|
Grupo Aeroméxico S.A.B. de C.V
MX:AEROMEX
|
$1.31 Billion |
|
Karooooo Ltd
JSE:KRO
|
$1.31 Billion |
|
Chemtrade Logistics Income Fund
TO:CHE-UN
|
$1.31 Billion |
|
Home First Finance Company India Limited
NSE:HOMEFIRST
|
$1.31 Billion |
|
Chengdu CORPRO Technology Co Ltd
SHE:300101
|
$1.31 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 2024 to 2025, total equity changed from 10,114,750,747 to 10,171,003,017, a change of 56,252,270 (0.6%).
- Net income of 987,752,105 contributed positively to equity growth.
- Dividend payments of 570,258,817 reduced retained earnings.
- Other comprehensive income decreased equity by 744,815,222.
- Other factors increased equity by 383,574,203.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥987.75 Million | +9.71% |
| Dividends Paid | CN¥570.26 Million | -5.61% |
| Other Comprehensive Income | CN¥-744.82 Million | -7.32% |
| Other Changes | CN¥383.57 Million | +3.77% |
| Total Change | CN¥- | 0.56% |
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: 0.91x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 16.39x to 0.91x 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¥6.83 | x |
| 2001-12-31 | CN¥0.44 | CN¥6.83 | x |
| 2002-12-31 | CN¥0.54 | CN¥6.83 | x |
| 2003-12-31 | CN¥2.90 | CN¥6.83 | x |
| 2004-12-31 | CN¥2.92 | CN¥6.83 | x |
| 2005-12-31 | CN¥2.94 | CN¥6.83 | x |
| 2006-12-31 | CN¥2.02 | CN¥6.83 | x |
| 2007-12-31 | CN¥2.54 | CN¥6.83 | x |
| 2008-12-31 | CN¥2.71 | CN¥6.83 | x |
| 2009-12-31 | CN¥2.53 | CN¥6.83 | x |
| 2010-12-31 | CN¥2.86 | CN¥6.83 | x |
| 2011-12-31 | CN¥1.86 | CN¥6.83 | x |
| 2012-12-31 | CN¥1.95 | CN¥6.83 | x |
| 2013-12-31 | CN¥0.60 | CN¥6.83 | x |
| 2014-12-31 | CN¥2.82 | CN¥6.83 | x |
| 2015-12-31 | CN¥2.60 | CN¥6.83 | x |
| 2016-12-31 | CN¥3.06 | CN¥6.83 | x |
| 2017-12-31 | CN¥4.67 | CN¥6.83 | x |
| 2018-12-31 | CN¥4.46 | CN¥6.83 | x |
| 2019-12-31 | CN¥5.00 | CN¥6.83 | x |
| 2020-12-31 | CN¥5.57 | CN¥6.83 | x |
| 2021-12-31 | CN¥6.48 | CN¥6.83 | x |
| 2022-12-31 | CN¥7.02 | CN¥6.83 | x |
| 2023-12-31 | CN¥7.12 | CN¥6.83 | x |
| 2024-12-31 | CN¥7.43 | CN¥6.83 | x |
| 2025-12-31 | CN¥7.50 | CN¥6.83 | 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): 9.71%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.70%
- • Asset Turnover: 0.76x
- • Equity Multiplier: 1.31x
- Recent ROE (9.71%) is below the historical average (11.80%), 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 |
| 2025 | 9.71% | 9.70% | 0.76x | 1.31x | CN¥-29.35 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: $1,250,006,260
- Average return on equity (ROE) among peers: 2.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang Jiahua Energy Chemical Industry Co Ltd (600273) | CN¥10.19 Billion | 19.31% | 0.36x | $1.31 Billion |
| North Huajin Chemical Industries Co Ltd (000059) | $1.34 Billion | 18.43% | 1.09x | $933.85 Million |
| Sichuan Chemical Co Ltd (000155) | $4.12 Billion | 21.84% | 0.44x | $3.54 Billion |
| Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) | $2.47 Billion | 6.91% | 0.55x | $11.64 Billion |
| Zangge Holding Co Ltd (000408) | $164.61 Million | 21.11% | 1.68x | $16.82 Billion |
| Sichuan Jinlu Group Co Ltd (000510) | $985.98 Million | 10.70% | 1.81x | $2.33 Billion |
| Jilin Gpro Titanium Industry Co Ltd (000545) | $1.63 Billion | -10.73% | 0.80x | $384.12 Million |
| Aoyuan Beauty Valley Technology Co Ltd (000615) | $671.47 Million | 0.77% | 1.87x | $842.24 Million |
| Ningxia Younglight Chemicals Co Ltd (000635) | $99.03 Million | -86.04% | 4.46x | $367.38 Million |
| Maoming Petro-Chemical Shihua Co Ltd (000637) | $989.91 Million | 10.04% | 0.22x | $280.71 Million |
| Inner Mongolia Yuan Xing Energy Co Ltd (000683) | $35.88 Million | 31.04% | 3.02x | $3.41 Billion |
About Zhejiang Jiahua Energy Chemical Industry Co Ltd
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