Yaxing Chem (600319) - Net Assets
Based on the latest financial reports, Yaxing Chem (600319) has net assets worth CN¥407.20 Million CNY (≈ $59.59 Million 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¥2.74 Billion ≈ $401.26 Million USD) and total liabilities (CN¥2.33 Billion ≈ $341.68 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 Yaxing Chem (600319) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore Yaxing Chem asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Yaxing Chem (1997–2024)
The table below shows the annual net assets of Yaxing Chem from 1997 to 2024. For live valuation and market cap data, see Yaxing Chem (600319) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥551.54 Million ≈ $80.71 Million |
-14.82% |
| 2023-12-31 | CN¥647.48 Million ≈ $94.75 Million |
+1.53% |
| 2022-12-31 | CN¥637.75 Million ≈ $93.32 Million |
+175.09% |
| 2021-12-31 | CN¥231.84 Million ≈ $33.92 Million |
+497.05% |
| 2020-12-31 | CN¥38.83 Million ≈ $5.68 Million |
-39.88% |
| 2019-12-31 | CN¥64.58 Million ≈ $9.45 Million |
+75.63% |
| 2018-12-31 | CN¥36.77 Million ≈ $5.38 Million |
+12.72% |
| 2017-12-31 | CN¥32.62 Million ≈ $4.77 Million |
+343.88% |
| 2016-12-31 | CN¥7.35 Million ≈ $1.08 Million |
+104.49% |
| 2015-12-31 | CN¥-163.69 Million ≈ $-23.95 Million |
-176.09% |
| 2014-12-31 | CN¥215.11 Million ≈ $31.48 Million |
-50.45% |
| 2013-12-31 | CN¥434.10 Million ≈ $63.52 Million |
-4.84% |
| 2012-12-31 | CN¥456.18 Million ≈ $66.75 Million |
-51.85% |
| 2011-12-31 | CN¥947.34 Million ≈ $138.63 Million |
-5.66% |
| 2010-12-31 | CN¥1.00 Billion ≈ $146.94 Million |
-6.61% |
| 2009-12-31 | CN¥1.08 Billion ≈ $157.35 Million |
-9.98% |
| 2008-12-31 | CN¥1.19 Billion ≈ $174.79 Million |
+1.71% |
| 2007-12-31 | CN¥1.17 Billion ≈ $171.86 Million |
+3.01% |
| 2006-12-31 | CN¥1.14 Billion ≈ $166.84 Million |
+1.30% |
| 2005-12-31 | CN¥1.13 Billion ≈ $164.70 Million |
+1.60% |
| 2004-12-31 | CN¥1.11 Billion ≈ $162.10 Million |
+4.78% |
| 2003-12-31 | CN¥1.06 Billion ≈ $154.71 Million |
+5.24% |
| 2002-12-31 | CN¥1.00 Billion ≈ $147.01 Million |
+1.64% |
| 2001-12-31 | CN¥988.37 Million ≈ $144.63 Million |
+262.03% |
| 2000-12-31 | CN¥273.01 Million ≈ $39.95 Million |
+9.71% |
| 1999-12-31 | CN¥248.83 Million ≈ $36.41 Million |
-14.75% |
| 1998-12-31 | CN¥291.88 Million ≈ $42.71 Million |
+27.17% |
| 1997-12-31 | CN¥229.53 Million ≈ $33.59 Million |
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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.
| Company | Market Cap |
|---|---|
|
Village Super Market Inc
NASDAQ:VLGEA
|
$460.89 Million |
|
Guangdong Jinming Machinery Co Ltd
SHE:300281
|
$460.99 Million |
|
European Lithium Ltd
AU:EUR
|
$460.99 Million |
|
Alandsbanken Abp B
HE:ALBBV
|
$460.99 Million |
|
Corem Property Group AB (publ)
ST:CORE-B
|
$460.60 Million |
|
Shenzhen Bioeasy Biotechnology Co. Ltd.
SHE:300942
|
$460.56 Million |
|
Robostar Co.Ltd
KQ:090360
|
$460.54 Million |
|
Zhejiang Kan Specialities Material Co Ltd
SHE:002012
|
$460.52 Million |
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 97,034,673 reduced equity.
- Dividend payments of 62,722,367 reduced retained earnings.
- Other factors increased equity by 62,535,363.
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: 5.76x
- 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 11.25x to 5.76x 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¥8.12 | x |
| 1998-12-31 | CN¥0.92 | CN¥8.12 | x |
| 1999-12-31 | CN¥0.78 | CN¥8.12 | x |
| 2000-12-31 | CN¥0.86 | CN¥8.12 | x |
| 2001-12-31 | CN¥3.11 | CN¥8.12 | x |
| 2002-12-31 | CN¥3.16 | CN¥8.12 | x |
| 2003-12-31 | CN¥3.33 | CN¥8.12 | x |
| 2004-12-31 | CN¥3.35 | CN¥8.12 | x |
| 2005-12-31 | CN¥3.35 | CN¥8.12 | x |
| 2006-12-31 | CN¥3.36 | CN¥8.12 | x |
| 2007-12-31 | CN¥3.40 | CN¥8.12 | x |
| 2008-12-31 | CN¥3.43 | CN¥8.12 | x |
| 2009-12-31 | CN¥3.06 | CN¥8.12 | x |
| 2010-12-31 | CN¥2.57 | CN¥8.12 | x |
| 2011-12-31 | CN¥2.81 | CN¥8.12 | x |
| 2012-12-31 | CN¥1.17 | CN¥8.12 | x |
| 2013-12-31 | CN¥1.80 | CN¥8.12 | x |
| 2014-12-31 | CN¥0.56 | CN¥8.12 | x |
| 2015-12-31 | CN¥-0.49 | CN¥8.12 | x |
| 2016-12-31 | CN¥0.02 | CN¥8.12 | x |
| 2017-12-31 | CN¥0.10 | CN¥8.12 | x |
| 2018-12-31 | CN¥0.12 | CN¥8.12 | x |
| 2019-12-31 | CN¥0.20 | CN¥8.12 | x |
| 2020-12-31 | CN¥0.12 | CN¥8.12 | x |
| 2021-12-31 | CN¥0.73 | CN¥8.12 | x |
| 2022-12-31 | CN¥1.82 | CN¥8.12 | x |
| 2023-12-31 | CN¥2.02 | CN¥8.12 | x |
| 2024-12-31 | CN¥1.41 | CN¥8.12 | 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 (13.28%), 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 | 0.55% | 0.13% | 0.76x | 5.69x | CN¥-35.56 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 | 45.24% | 1.77% | 1.29x | 19.80x | CN¥22.76 Million |
| 2020 | -66.12% | -52.08% | 0.03x | 46.59x | CN¥-29.56 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: $2,769,045,563
- Average return on equity (ROE) among peers: 6.73%
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 | $460.68 Million |
| North Huajin Chemical Industries Co Ltd (000059) | $1.37 Billion | 0.00% | 0.79x | $1.28 Billion |
| Sichuan Chemical Co Ltd (000155) | $1.46 Billion | 0.78% | 1.16x | $4.82 Billion |
| Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) | $506.50 Million | 16.41% | 1.45x | $12.92 Billion |
| Zangge Holding Co Ltd (000408) | $304.26 Million | 8.29% | 1.38x | $20.72 Billion |
| Sichuan Jinlu Group Co Ltd (000510) | $1.46 Billion | 0.89% | 0.57x | $1.47 Billion |
| Jilin Gpro Titanium Industry Co Ltd (000545) | $269.12 Million | 8.73% | 0.27x | $438.99 Million |
| Aoyuan Beauty Valley Technology Co Ltd (000615) | $728.86 Million | 0.46% | 0.67x | $855.32 Million |
| Ningxia Younglight Chemicals Co Ltd (000635) | $934.64 Million | 13.67% | 2.94x | $472.35 Million |
| Maoming Petro-Chemical Shihua Co Ltd (000637) | $1.03 Billion | 8.78% | 0.45x | $362.87 Million |
| Inner Mongolia Yuan Xing Energy Co Ltd (000683) | $19.62 Billion | 9.23% | 0.83x | $4.87 Billion |
About Yaxing Chem
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