Yaxing Chem

SHG:600319 China Chemicals
Market Cap
$463.42 Million
CN¥3.40 Billion CNY
Market Cap Rank
#14496 Global
#3820 in China
Share Price
CN¥8.77
Change (1 day)
+0.23%
52-Week Range
CN¥4.73 - CN¥10.77
All Time High
CN¥13.81
About

Weifang Yaxing Chemical Co., Ltd. engages in the research, production, operation, import, and sale of chemical materials in China and internationally. It offers chlorinated polyethylene, polyvinylidene chloride, ion-exchange membrane caustic soda, hydrazine hydrate, ADC foaming agent, sodium hypochlorite solution, hydrogen, waste sulfuric acid, hydrogen peroxide, high purity sodium hydroxide, liq… Read more

Yaxing Chem (600319) - Net Assets

Latest net assets as of September 2025: CN¥407.20 Million CNY

Based on the latest financial reports, Yaxing Chem (600319) has net assets worth CN¥407.20 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¥2.74 Billion) and total liabilities (CN¥2.33 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¥407.20 Million
% of Total Assets 14.85%
Annual Growth Rate 3.3%
5-Year Change 1320.39%
10-Year Change N/A
Growth Volatility 134.1

Yaxing Chem - Net Assets Trend (1997–2024)

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

Annual Net Assets for Yaxing Chem (1997–2024)

The table below shows the annual net assets of Yaxing Chem from 1997 to 2024.

Year Net Assets Change
2024-12-31 CN¥551.54 Million -14.82%
2023-12-31 CN¥647.48 Million +1.53%
2022-12-31 CN¥637.75 Million +175.09%
2021-12-31 CN¥231.84 Million +497.05%
2020-12-31 CN¥38.83 Million -39.88%
2019-12-31 CN¥64.58 Million +75.63%
2018-12-31 CN¥36.77 Million +12.72%
2017-12-31 CN¥32.62 Million +343.88%
2016-12-31 CN¥7.35 Million +104.49%
2015-12-31 CN¥-163.69 Million -176.09%
2014-12-31 CN¥215.11 Million -50.45%
2013-12-31 CN¥434.10 Million -4.84%
2012-12-31 CN¥456.18 Million -51.85%
2011-12-31 CN¥947.34 Million -5.66%
2010-12-31 CN¥1.00 Billion -6.61%
2009-12-31 CN¥1.08 Billion -9.98%
2008-12-31 CN¥1.19 Billion +1.71%
2007-12-31 CN¥1.17 Billion +3.01%
2006-12-31 CN¥1.14 Billion +1.30%
2005-12-31 CN¥1.13 Billion +1.60%
2004-12-31 CN¥1.11 Billion +4.78%
2003-12-31 CN¥1.06 Billion +5.24%
2002-12-31 CN¥1.00 Billion +1.64%
2001-12-31 CN¥988.37 Million +262.03%
2000-12-31 CN¥273.01 Million +9.71%
1999-12-31 CN¥248.83 Million -14.75%
1998-12-31 CN¥291.88 Million +27.17%
1997-12-31 CN¥229.53 Million --

Equity Component Analysis

This analysis shows how different components contribute to Yaxing Chem'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 1374.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥387.71 Million 70.90%
Other Components CN¥1.13 Billion 206.30%
Total Equity CN¥546.85 Million 100.00%

Yaxing Chem Competitors by Market Cap

The table below lists competitors of Yaxing Chem ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 644,067,887 to 546,846,210, a change of -97,221,677 (-15.1%).
  • Net loss of 97,034,677 reduced equity.
  • Dividend payments of 62,722,367 reduced retained earnings.
  • Other factors increased equity by 62,535,367.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-97.03 Million -17.74%
Dividends Paid CN¥62.72 Million -11.47%
Other Changes CN¥62.54 Million +11.44%
Total Change CN¥- -15.09%

Book Value vs Market Value Analysis

This analysis compares Yaxing Chem'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: 6.22x
  • 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 decreased from 12.15x to 6.22x 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¥0.72 CN¥8.77 x
1998-12-31 CN¥0.92 CN¥8.77 x
1999-12-31 CN¥0.78 CN¥8.77 x
2000-12-31 CN¥0.86 CN¥8.77 x
2001-12-31 CN¥3.11 CN¥8.77 x
2002-12-31 CN¥3.16 CN¥8.77 x
2003-12-31 CN¥3.33 CN¥8.77 x
2004-12-31 CN¥3.35 CN¥8.77 x
2005-12-31 CN¥3.35 CN¥8.77 x
2006-12-31 CN¥3.36 CN¥8.77 x
2007-12-31 CN¥3.40 CN¥8.77 x
2008-12-31 CN¥3.43 CN¥8.77 x
2009-12-31 CN¥3.06 CN¥8.77 x
2010-12-31 CN¥2.57 CN¥8.77 x
2011-12-31 CN¥2.81 CN¥8.77 x
2012-12-31 CN¥1.16 CN¥8.77 x
2013-12-31 CN¥1.16 CN¥8.77 x
2014-12-31 CN¥0.56 CN¥8.77 x
2015-12-31 CN¥-0.49 CN¥8.77 x
2016-12-31 CN¥0.02 CN¥8.77 x
2017-12-31 CN¥0.10 CN¥8.77 x
2018-12-31 CN¥0.12 CN¥8.77 x
2019-12-31 CN¥0.20 CN¥8.77 x
2020-12-31 CN¥0.12 CN¥8.77 x
2021-12-31 CN¥0.73 CN¥8.77 x
2022-12-31 CN¥1.82 CN¥8.77 x
2023-12-31 CN¥2.02 CN¥8.77 x
2024-12-31 CN¥1.41 CN¥8.77 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Yaxing Chem 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): -17.74%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -10.66%
  • • Asset Turnover: 0.38x
  • • Equity Multiplier: 4.36x
  • Recent ROE (-17.74%) is below the historical average (9.49%), 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 10.41% 7.29% 0.50x 2.84x CN¥952.30K
1998 12.51% 10.29% 0.52x 2.34x CN¥7.34 Million
1999 24.02% 13.45% 0.60x 2.98x CN¥34.88 Million
2000 25.75% 13.99% 0.70x 2.63x CN¥43.00 Million
2001 6.18% 10.22% 0.45x 1.33x CN¥-37.75 Million
2002 4.74% 7.85% 0.44x 1.37x CN¥-52.84 Million
2003 4.98% 7.82% 0.46x 1.37x CN¥-53.03 Million
2004 3.72% 4.01% 0.61x 1.53x CN¥-66.88 Million
2005 3.50% 3.08% 0.59x 1.94x CN¥-69.24 Million
2006 3.04% 1.97% 0.67x 2.29x CN¥-74.00 Million
2007 1.88% 1.03% 0.71x 2.55x CN¥-86.76 Million
2008 1.46% 0.75% 0.66x 2.91x CN¥-91.79 Million
2009 -11.44% -6.42% 0.49x 3.65x CN¥-207.32 Million
2010 0.78% 0.34% 0.60x 3.79x CN¥-85.54 Million
2011 -6.38% -2.63% 0.61x 3.98x CN¥-142.41 Million
2012 -129.75% -27.85% 0.65x 7.13x CN¥-513.94 Million
2013 2.34% 0.54% 0.76x 5.69x CN¥-28.86 Million
2014 -101.29% -12.03% 0.65x 12.94x CN¥-196.87 Million
2015 0.00% -25.30% 0.65x 0.00x CN¥-316.20 Million
2016 364.40% 1.84% 0.85x 232.65x CN¥26.05 Million
2017 81.58% 1.37% 1.28x 46.62x CN¥23.35 Million
2018 8.45% 0.15% 1.57x 34.74x CN¥-569.68K
2019 -83.90% -3.27% 1.29x 19.80x CN¥-60.64 Million
2020 -44.86% -35.34% 0.03x 46.59x CN¥-21.30 Million
2021 83.26% 100.17% 0.11x 7.69x CN¥169.84 Million
2022 17.07% 12.86% 0.44x 3.00x CN¥45.07 Million
2023 0.99% 0.77% 0.39x 3.28x CN¥-58.04 Million
2024 -17.74% -10.66% 0.38x 4.36x CN¥-151.72 Million

Industry Comparison

This section compares Yaxing Chem'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
Yaxing Chem (600319) CN¥407.20 Million 10.41% 5.73x $221.19 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