Bluestar Adisseo Co

SHG:600299 China Specialty Chemicals
Market Cap
$6.49 Billion
CN¥47.61 Billion CNY
Market Cap Rank
#6007 Global
#865 in China
Share Price
CN¥15.46
Change (1 day)
+7.74%
52-Week Range
CN¥8.77 - CN¥15.46
All Time High
CN¥17.85
Categories
Companies in China Specialty Chemicals
About

Bluestar Adisseo Company, together with its subsidiaries, engages in the research, development, production, and sale of poultry, ruminant, swine, and aquaculture nutrition additives. The company offers palatability products comprising Delistart, a combination of flavorings, appetizing substances, and sweeteners for piglets and calves; Maxarome, a feed with aroma and uniform taste; Gusti Plus, whi… Read more

Bluestar Adisseo Co (600299) - Net Assets

Latest net assets as of September 2025: CN¥16.94 Billion CNY

Based on the latest financial reports, Bluestar Adisseo Co (600299) has net assets worth CN¥16.94 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¥25.17 Billion) and total liabilities (CN¥8.23 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¥16.94 Billion
% of Total Assets 67.31%
Annual Growth Rate 18.08%
5-Year Change 0.89%
10-Year Change 9.79%
Growth Volatility 244.74

Bluestar Adisseo Co - Net Assets Trend (1997–2024)

This chart illustrates how Bluestar Adisseo Co's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Bluestar Adisseo Co (1997–2024)

The table below shows the annual net assets of Bluestar Adisseo Co from 1997 to 2024.

Year Net Assets Change
2024-12-31 CN¥15.57 Billion +3.35%
2023-12-31 CN¥15.06 Billion +0.75%
2022-12-31 CN¥14.95 Billion -3.07%
2021-12-31 CN¥15.43 Billion -0.04%
2020-12-31 CN¥15.43 Billion -10.35%
2019-12-31 CN¥17.21 Billion -1.06%
2018-12-31 CN¥17.40 Billion +0.82%
2017-12-31 CN¥17.26 Billion +8.62%
2016-12-31 CN¥15.89 Billion +12.02%
2015-12-31 CN¥14.18 Billion +1274.65%
2014-12-31 CN¥1.03 Billion +14.59%
2013-12-31 CN¥900.30 Million -55.55%
2012-12-31 CN¥2.03 Billion -34.91%
2011-12-31 CN¥3.11 Billion +2.05%
2010-12-31 CN¥3.05 Billion +3.17%
2009-12-31 CN¥2.96 Billion -5.78%
2008-12-31 CN¥3.14 Billion -2.10%
2007-12-31 CN¥3.20 Billion +155.11%
2006-12-31 CN¥1.26 Billion +8.14%
2005-12-31 CN¥1.16 Billion +19.42%
2004-12-31 CN¥972.53 Million +5.15%
2003-12-31 CN¥924.88 Million +11.24%
2002-12-31 CN¥831.40 Million +3.55%
2001-12-31 CN¥802.93 Million -0.51%
2000-12-31 CN¥807.08 Million +263.38%
1999-12-31 CN¥222.10 Million +10.56%
1998-12-31 CN¥200.88 Million +14.67%
1997-12-31 CN¥175.19 Million --

Equity Component Analysis

This analysis shows how different components contribute to Bluestar Adisseo Co'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 1212301544500.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥12.12 Billion 78.00%
Common Stock CN¥2.68 Billion 17.26%
Other Components CN¥737.47 Million 4.74%
Total Equity CN¥15.54 Billion 100.00%

Bluestar Adisseo Co Competitors by Market Cap

The table below lists competitors of Bluestar Adisseo Co ranked by their market capitalization.

Company Market Cap
Anhui Wanwei Updated High-tech Material Industry Co Ltd
SHG:600063
 		$1.42 Billion
Kinik Co
TW:1560
 		$1.42 Billion
BTG Hotels Group Co Ltd
SHG:600258
 		$1.42 Billion
Jungheinrich AG O.N.VZO
XETRA:JUN3
 		$1.42 Billion
Suzhou Recodeal Interconnect System Co Ltd
SHG:688800
 		$1.42 Billion
VERITEX HLDGS INC. DL-01
F:47Y
 		$1.42 Billion
LianChuang Electronic Technology Co Ltd
SHE:002036
 		$1.42 Billion
NCINO INC. DL -0005
F:6NCA
 		$1.42 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Bluestar Adisseo Co's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 15,036,928,489 to 15,542,390,570, a change of 505,462,081 (3.4%).
  • Net income of 1,204,325,915 contributed positively to equity growth.
  • Dividend payments of 281,892,783 reduced retained earnings.
  • Other factors decreased equity by 416,971,051.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥1.20 Billion +7.75%
Dividends Paid CN¥281.89 Million -1.81%
Other Changes CN¥-416.97 Million -2.68%
Total Change CN¥- 3.36%

Book Value vs Market Value Analysis

This analysis compares Bluestar Adisseo Co'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: 2.67x
  • 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 41.42x to 2.67x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1997-12-31 CN¥0.37 CN¥15.46 x
1998-12-31 CN¥0.43 CN¥15.46 x
1999-12-31 CN¥0.47 CN¥15.46 x
2000-12-31 CN¥1.63 CN¥15.46 x
2001-12-31 CN¥1.62 CN¥15.46 x
2002-12-31 CN¥1.67 CN¥15.46 x
2003-12-31 CN¥1.86 CN¥15.46 x
2004-12-31 CN¥1.95 CN¥15.46 x
2005-12-31 CN¥2.27 CN¥15.46 x
2006-12-31 CN¥2.60 CN¥15.46 x
2007-12-31 CN¥7.91 CN¥15.46 x
2008-12-31 CN¥5.58 CN¥15.46 x
2009-12-31 CN¥5.40 CN¥15.46 x
2010-12-31 CN¥5.32 CN¥15.46 x
2011-12-31 CN¥5.76 CN¥15.46 x
2012-12-31 CN¥3.64 CN¥15.46 x
2013-12-31 CN¥1.46 CN¥15.46 x
2014-12-31 CN¥0.38 CN¥15.46 x
2015-12-31 CN¥3.87 CN¥15.46 x
2016-12-31 CN¥4.53 CN¥15.46 x
2017-12-31 CN¥4.87 CN¥15.46 x
2018-12-31 CN¥5.14 CN¥15.46 x
2019-12-31 CN¥5.14 CN¥15.46 x
2020-12-31 CN¥5.20 CN¥15.46 x
2021-12-31 CN¥5.26 CN¥15.46 x
2022-12-31 CN¥5.57 CN¥15.46 x
2023-12-31 CN¥5.61 CN¥15.46 x
2024-12-31 CN¥5.80 CN¥15.46 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Bluestar Adisseo Co 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): 7.75%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 7.75%
  • • Asset Turnover: 0.70x
  • • Equity Multiplier: 1.43x
  • Recent ROE (7.75%) is below the historical average (16.70%), 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 15.21% 11.12% 0.70x 1.95x CN¥9.13 Million
1998 17.45% 11.88% 0.73x 2.02x CN¥14.97 Million
1999 27.67% 14.59% 0.86x 2.21x CN¥39.24 Million
2000 8.06% 14.40% 0.35x 1.60x CN¥-14.81 Million
2001 6.41% 8.72% 0.33x 2.26x CN¥-27.24 Million
2002 6.40% 6.70% 0.33x 2.90x CN¥-28.27 Million
2003 6.65% 4.95% 0.46x 2.91x CN¥-29.26 Million
2004 10.90% 5.31% 0.66x 3.10x CN¥8.24 Million
2005 20.28% 8.69% 0.63x 3.71x CN¥109.72 Million
2006 16.89% 3.95% 0.92x 4.64x CN¥83.94 Million
2007 13.57% 5.29% 0.85x 3.02x CN¥109.96 Million
2008 -5.25% -2.08% 0.64x 3.95x CN¥-446.00 Million
2009 -5.75% -2.05% 0.63x 4.46x CN¥-436.96 Million
2010 2.63% 0.78% 0.63x 5.33x CN¥-211.55 Million
2011 2.43% 0.63% 0.63x 6.14x CN¥-223.11 Million
2012 -54.70% -11.44% 0.49x 9.78x CN¥-1.23 Billion
2013 139.20% 12.46% 0.43x 26.20x CN¥986.57 Million
2014 148.33% 7.58% 1.07x 18.30x CN¥1.38 Billion
2015 15.00% 10.07% 0.85x 1.76x CN¥509.72 Million
2016 15.45% 17.45% 0.54x 1.65x CN¥657.76 Million
2017 10.05% 12.73% 0.49x 1.62x CN¥6.89 Million
2018 6.81% 8.11% 0.53x 1.58x CN¥-434.11 Million
2019 7.19% 8.91% 0.53x 1.53x CN¥-387.38 Million
2020 9.69% 11.35% 0.58x 1.48x CN¥-43.69 Million
2021 10.44% 11.44% 0.62x 1.48x CN¥62.22 Million
2022 8.35% 8.58% 0.68x 1.43x CN¥-246.68 Million
2023 0.35% 0.40% 0.61x 1.43x CN¥-1.45 Billion
2024 7.75% 7.75% 0.70x 1.43x CN¥-349.91 Million

Industry Comparison

This section compares Bluestar Adisseo Co's net assets metrics with peer companies in the Specialty Chemicals industry.

Industry Context

  • Industry: Specialty Chemicals
  • Average net assets among peers: $2,201,823,203
  • Average return on equity (ROE) among peers: 6.90%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Bluestar Adisseo Co (600299) CN¥16.94 Billion 15.21% 0.49x $1.42 Billion
Chongqing Sanxia Paints Co Ltd (000565) $577.65 Million 10.01% 0.83x $291.58 Million
Hengyi Petrochemical Co Ltd (000703) $6.99 Billion 4.49% 2.04x $1.50 Billion
Guangdong Xinhui Meida Nylon Co Ltd (000782) $1.46 Billion 0.74% 0.82x $375.65 Million
Luxi Chemical Group Co Ltd (000830) $5.61 Billion 5.45% 2.19x $2.40 Billion
China Minmetals Rare Earth Co Ltd (000831) $191.02 Million 12.96% 1.30x $5.40 Billion
Anhui Guofeng Plastic Industry Co Ltd (000859) $1.65 Billion 5.07% 0.31x $943.36 Million
Cofco Biochemical Anhui Co Ltd (000930) $2.02 Billion -16.67% 2.80x $866.00 Million
Shandong Link Science and Technology Co Ltd (001207) $1.32 Billion 12.34% 0.44x $341.43 Million
Zhejiang Bofay Elec Co Ltd (001255) $293.63 Million 29.71% 0.73x $174.80 Million
Guangdong Decro Film New (001378) $1.89 Billion 4.91% 0.20x $240.59 Million