Bluestar Adisseo Co (600299) - Net Assets

Latest as of September 2025: CN¥16.94 Billion CNY ≈ $2.48 Billion USD

Based on the latest financial reports, Bluestar Adisseo Co (600299) has net assets worth CN¥16.94 Billion CNY (≈ $2.48 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¥25.17 Billion ≈ $3.68 Billion USD) and total liabilities (CN¥8.23 Billion ≈ $1.20 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 Bluestar Adisseo Co asset resilience ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore how large is Bluestar Adisseo Co's balance sheet for the complete picture of this company's asset base.

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. For live valuation and market cap data, see how much is Bluestar Adisseo Co worth.

Year	Net Assets	Change
2024-12-31	CN¥15.57 Billion ≈ $2.28 Billion	+3.35%
2023-12-31	CN¥15.06 Billion ≈ $2.20 Billion	+0.75%
2022-12-31	CN¥14.95 Billion ≈ $2.19 Billion	-3.07%
2021-12-31	CN¥15.43 Billion ≈ $2.26 Billion	-0.04%
2020-12-31	CN¥15.43 Billion ≈ $2.26 Billion	-10.35%
2019-12-31	CN¥17.21 Billion ≈ $2.52 Billion	-1.06%
2018-12-31	CN¥17.40 Billion ≈ $2.55 Billion	+0.82%
2017-12-31	CN¥17.26 Billion ≈ $2.53 Billion	+8.62%
2016-12-31	CN¥15.89 Billion ≈ $2.32 Billion	+12.02%
2015-12-31	CN¥14.18 Billion ≈ $2.08 Billion	+1274.65%
2014-12-31	CN¥1.03 Billion ≈ $150.97 Million	+14.59%
2013-12-31	CN¥900.30 Million ≈ $131.74 Million	-55.55%
2012-12-31	CN¥2.03 Billion ≈ $296.36 Million	-34.91%
2011-12-31	CN¥3.11 Billion ≈ $455.33 Million	+2.05%
2010-12-31	CN¥3.05 Billion ≈ $446.20 Million	+3.17%
2009-12-31	CN¥2.96 Billion ≈ $432.48 Million	-5.78%
2008-12-31	CN¥3.14 Billion ≈ $459.03 Million	-2.10%
2007-12-31	CN¥3.20 Billion ≈ $468.86 Million	+155.11%
2006-12-31	CN¥1.26 Billion ≈ $183.78 Million	+8.14%
2005-12-31	CN¥1.16 Billion ≈ $169.95 Million	+19.42%
2004-12-31	CN¥972.53 Million ≈ $142.31 Million	+5.15%
2003-12-31	CN¥924.88 Million ≈ $135.34 Million	+11.24%
2002-12-31	CN¥831.40 Million ≈ $121.66 Million	+3.55%
2001-12-31	CN¥802.93 Million ≈ $117.49 Million	-0.51%
2000-12-31	CN¥807.08 Million ≈ $118.10 Million	+263.38%
1999-12-31	CN¥222.10 Million ≈ $32.50 Million	+10.56%
1998-12-31	CN¥200.88 Million ≈ $29.40 Million	+14.67%
1997-12-31	CN¥175.19 Million ≈ $25.64 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
Open Text Corp NASDAQ:OTEX	$5.77 Billion
Bank of Changsha Co Ltd SHG:601577	$5.77 Billion
Eva Airways Corp TW:2618	$5.78 Billion
Vipshop Holdings Limited F:1VPA	$5.78 Billion
The People's Insurance Company (Group) of China Limited F:PIR	$5.76 Billion
Genpact Limited NYSE:G	$5.76 Billion
Hindustan Copper Limited NSE:HINDCOPPER	$5.76 Billion
Venture Global, Inc. NYSE:VG	$5.75 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: 2.21x
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 34.29x to 2.21x 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¥12.80	x
1998-12-31	CN¥0.43	CN¥12.80	x
1999-12-31	CN¥0.47	CN¥12.80	x
2000-12-31	CN¥1.63	CN¥12.80	x
2001-12-31	CN¥1.62	CN¥12.80	x
2002-12-31	CN¥1.67	CN¥12.80	x
2003-12-31	CN¥1.86	CN¥12.80	x
2004-12-31	CN¥1.95	CN¥12.80	x
2005-12-31	CN¥2.27	CN¥12.80	x
2006-12-31	CN¥2.60	CN¥12.80	x
2007-12-31	CN¥7.91	CN¥12.80	x
2008-12-31	CN¥5.58	CN¥12.80	x
2009-12-31	CN¥5.40	CN¥12.80	x
2010-12-31	CN¥5.32	CN¥12.80	x
2011-12-31	CN¥5.76	CN¥12.80	x
2012-12-31	CN¥3.64	CN¥12.80	x
2013-12-31	CN¥1.46	CN¥12.80	x
2014-12-31	CN¥0.38	CN¥12.80	x
2015-12-31	CN¥3.87	CN¥12.80	x
2016-12-31	CN¥4.53	CN¥12.80	x
2017-12-31	CN¥4.87	CN¥12.80	x
2018-12-31	CN¥5.14	CN¥12.80	x
2019-12-31	CN¥5.14	CN¥12.80	x
2020-12-31	CN¥5.20	CN¥12.80	x
2021-12-31	CN¥5.26	CN¥12.80	x
2022-12-31	CN¥5.57	CN¥12.80	x
2023-12-31	CN¥5.61	CN¥12.80	x
2024-12-31	CN¥5.80	CN¥12.80	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: $757,076,135
Average return on equity (ROE) among peers: 17.07%

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	$5.77 Billion
Chongqing Sanxia Paints Co Ltd (000565)	$132.89 Million	13.77%	0.98x	$508.22 Million
Hengyi Petrochemical Co Ltd (000703)	$187.55 Million	-10.77%	0.62x	$9.61 Billion
Guangdong Xinhui Meida Nylon Co Ltd (000782)	$1.24 Billion	2.83%	1.13x	$754.52 Million
Luxi Chemical Group Co Ltd (000830)	$2.59 Billion	8.19%	3.36x	$4.71 Billion
China Minmetals Rare Earth Co Ltd (000831)	$92.67 Million	58.60%	2.88x	$8.64 Billion
Anhui Guofeng Plastic Industry Co Ltd (000859)	$158.61 Million	29.32%	1.96x	$1.21 Billion
Cofco Biochemical Anhui Co Ltd (000930)	$98.99 Million	29.63%	2.11x	$1.62 Billion
Shandong Link Science and Technology Co Ltd (001207)	$1.77 Billion	9.55%	0.33x	$583.32 Million
Zhejiang Transfar Co Ltd (002010)	$516.04 Million	15.39%	0.20x	$2.36 Billion
Poly Union Chemical Holding Group Co Ltd (002037)	$790.80 Million	14.23%	1.34x	$604.70 Million

About Bluestar Adisseo Co

SHG:600299 China Specialty Chemicals

Market Cap

$5.77 Billion

CN¥39.42 Billion CNY

Market Cap Rank

#3290 Global

#493 in China

Share Price

CN¥12.80

Change (1 day)

-3.69%

52-Week Range

CN¥8.77 - CN¥15.46

All Time High

CN¥17.85