Shanxi Huayang New Material Co Ltd

SHG:600281 China Chemicals
Market Cap
$419.95 Million
CN¥3.08 Billion CNY
Market Cap Rank
#14151 Global
#3690 in China
Share Price
CN¥5.99
Change (1 day)
-0.83%
52-Week Range
CN¥3.14 - CN¥8.45
All Time High
CN¥9.66
Categories
Companies in China Chemicals
About

Shanxi Huayang New Material Co.,Ltd., together with its subsidiaries, engages in the production and sale of precious metals, and biodegradable materials and products in China. The company offers platinum-rhodium catalytic products, platinum catalysts for nitric acid, palladium alloy adsorption nets, fine wire meshes, ammonia oxidation platinum, and precious metal catalytic nets. It also provides … Read more

Shanxi Huayang New Material Co Ltd (600281) - Net Assets

Latest net assets as of September 2025: CN¥130.63 Million CNY

Based on the latest financial reports, Shanxi Huayang New Material Co Ltd (600281) has net assets worth CN¥130.63 Million 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¥968.01 Million) and total liabilities (CN¥837.38 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¥130.63 Million
% of Total Assets 13.5%
Annual Growth Rate -4.98%
5-Year Change -88.4%
10-Year Change -88.58%
Growth Volatility 35.79

Shanxi Huayang New Material Co Ltd - Net Assets Trend (1997–2024)

This chart illustrates how Shanxi Huayang New Material 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 Shanxi Huayang New Material Co Ltd (1997–2024)

The table below shows the annual net assets of Shanxi Huayang New Material Co Ltd from 1997 to 2024.

Year Net Assets Change
2024-12-31 CN¥61.08 Million -75.14%
2023-12-31 CN¥245.69 Million -44.76%
2022-12-31 CN¥444.81 Million -7.70%
2021-12-31 CN¥481.91 Million -8.49%
2020-12-31 CN¥526.63 Million +8.58%
2019-12-31 CN¥485.03 Million +11.05%
2018-12-31 CN¥436.77 Million -23.96%
2017-12-31 CN¥574.37 Million +1.30%
2016-12-31 CN¥567.01 Million +6.02%
2015-12-31 CN¥534.79 Million -24.87%
2014-12-31 CN¥711.84 Million +2.84%
2013-12-31 CN¥692.21 Million -28.42%
2012-12-31 CN¥967.08 Million +5.97%
2011-12-31 CN¥912.60 Million +0.48%
2010-12-31 CN¥908.25 Million -22.25%
2009-12-31 CN¥1.17 Billion -17.74%
2008-12-31 CN¥1.42 Billion +1.02%
2007-12-31 CN¥1.41 Billion +11.03%
2006-12-31 CN¥1.27 Billion +5.56%
2005-12-31 CN¥1.20 Billion +6.60%
2004-12-31 CN¥1.13 Billion +4.01%
2003-12-31 CN¥1.08 Billion +2.91%
2002-12-31 CN¥1.05 Billion +1.57%
2001-12-31 CN¥1.03 Billion +4.76%
2000-12-31 CN¥987.91 Million +144.05%
1999-12-31 CN¥404.80 Million +51.38%
1998-12-31 CN¥267.42 Million +10.21%
1997-12-31 CN¥242.64 Million --

Equity Component Analysis

This analysis shows how different components contribute to Shanxi Huayang New Material 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 decreased by 109177964100.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥514.40 Million 842.19%
Other Components CN¥638.46 Million 1045.29%
Total Equity CN¥61.08 Million 100.00%

Shanxi Huayang New Material Co Ltd Competitors by Market Cap

The table below lists competitors of Shanxi Huayang New Material Co Ltd ranked by their market capitalization.

Company Market Cap
Goodwill E Health Info Co Ltd
SHG:688246
 		$235.29 Million
Envipco Holding N.V.
AS:ENVI
 		$235.29 Million
Norwood Financial Corp
NASDAQ:NWFL
 		$235.31 Million
TianJin JinRong TianYu Precision Machinery Inc.
SHE:300988
 		$235.32 Million
Huafang Co Ltd
SHG:600448
 		$235.28 Million
Plover Bay Technologies Limited
PINK:PBTDF
 		$235.28 Million
Aurionpro Solutions Limited
NSE:AURIONPRO
 		$235.28 Million
Shanxi Tond Chemical Co Ltd
SHE:002360
 		$235.21 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Shanxi Huayang New Material Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 245,689,989 to 61,079,299, a change of -184,610,690 (-75.1%).
  • Net loss of 186,168,035 reduced equity.
  • Dividend payments of 23,245,014 reduced retained earnings.
  • Other factors increased equity by 24,802,359.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-186.17 Million -304.8%
Dividends Paid CN¥23.25 Million -38.06%
Other Changes CN¥24.80 Million +40.61%
Total Change CN¥- -75.14%

Book Value vs Market Value Analysis

This analysis compares Shanxi Huayang New Material 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: 50.45x
  • 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 increased from 12.08x to 50.45x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1997-12-31 CN¥0.50 CN¥5.99 x
1998-12-31 CN¥0.55 CN¥5.99 x
1999-12-31 CN¥0.84 CN¥5.99 x
2000-12-31 CN¥2.06 CN¥5.99 x
2001-12-31 CN¥2.16 CN¥5.99 x
2002-12-31 CN¥2.19 CN¥5.99 x
2003-12-31 CN¥2.26 CN¥5.99 x
2004-12-31 CN¥2.35 CN¥5.99 x
2005-12-31 CN¥2.45 CN¥5.99 x
2006-12-31 CN¥2.59 CN¥5.99 x
2007-12-31 CN¥2.53 CN¥5.99 x
2008-12-31 CN¥2.56 CN¥5.99 x
2009-12-31 CN¥2.05 CN¥5.99 x
2010-12-31 CN¥1.64 CN¥5.99 x
2011-12-31 CN¥1.67 CN¥5.99 x
2012-12-31 CN¥1.84 CN¥5.99 x
2013-12-31 CN¥1.32 CN¥5.99 x
2014-12-31 CN¥1.35 CN¥5.99 x
2015-12-31 CN¥1.01 CN¥5.99 x
2016-12-31 CN¥1.07 CN¥5.99 x
2017-12-31 CN¥1.09 CN¥5.99 x
2018-12-31 CN¥0.85 CN¥5.99 x
2019-12-31 CN¥0.94 CN¥5.99 x
2020-12-31 CN¥1.02 CN¥5.99 x
2021-12-31 CN¥0.94 CN¥5.99 x
2022-12-31 CN¥0.86 CN¥5.99 x
2023-12-31 CN¥0.48 CN¥5.99 x
2024-12-31 CN¥0.12 CN¥5.99 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shanxi Huayang New Material 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): -304.80%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -48.12%
  • • Asset Turnover: 0.45x
  • • Equity Multiplier: 14.11x
  • Recent ROE (-304.80%) is below the historical average (-16.12%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1997 15.00% 5.05% 0.85x 3.51x CN¥11.77 Million
1998 15.00% 5.37% 0.78x 3.60x CN¥13.00 Million
1999 9.65% 5.40% 0.65x 2.76x CN¥-1.41 Million
2000 4.72% 5.89% 0.44x 1.81x CN¥-51.68 Million
2001 3.98% 5.75% 0.36x 1.93x CN¥-61.75 Million
2002 2.15% 3.28% 0.34x 1.92x CN¥-81.81 Million
2003 2.81% 3.53% 0.37x 2.14x CN¥-77.08 Million
2004 4.39% 3.70% 0.55x 2.18x CN¥-62.55 Million
2005 4.34% 3.01% 0.63x 2.28x CN¥-65.78 Million
2006 3.53% 2.35% 0.61x 2.48x CN¥-79.50 Million
2007 4.87% 2.03% 0.93x 2.58x CN¥-66.99 Million
2008 1.25% 0.44% 1.00x 2.85x CN¥-115.37 Million
2009 -24.43% -9.30% 0.72x 3.67x CN¥-365.05 Million
2010 -26.63% -7.17% 0.79x 4.71x CN¥-306.90 Million
2011 4.02% 1.09% 0.77x 4.77x CN¥-51.49 Million
2012 1.96% 0.47% 1.15x 3.66x CN¥-76.76 Million
2013 -41.75% -8.92% 1.28x 3.66x CN¥-350.67 Million
2014 2.75% 0.57% 1.33x 3.65x CN¥-50.43 Million
2015 -34.19% -7.69% 1.00x 4.45x CN¥-229.08 Million
2016 5.97% 2.08% 0.75x 3.84x CN¥-22.21 Million
2017 1.36% 0.87% 0.51x 3.06x CN¥-48.31 Million
2018 -26.33% -16.29% 0.61x 2.63x CN¥-158.66 Million
2019 9.95% 8.90% 0.57x 1.96x CN¥-236.32K
2020 7.90% 10.70% 0.46x 1.62x CN¥-11.06 Million
2021 -9.29% -15.98% 0.31x 1.89x CN¥-92.94 Million
2022 -8.34% -11.31% 0.31x 2.41x CN¥-81.58 Million
2023 -81.27% -73.80% 0.28x 3.98x CN¥-224.24 Million
2024 -304.80% -48.12% 0.45x 14.11x CN¥-192.28 Million

Industry Comparison

This section compares Shanxi Huayang New Material 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
Shanxi Huayang New Material Co Ltd (600281) CN¥130.63 Million 15.00% 6.41x $235.29 Million
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