Haohua Chemical Science & Technology Corp Ltd

SHG:600378 China Chemicals
Market Cap
$6.05 Billion
CN¥44.38 Billion CNY
Market Cap Rank
#4955 Global
#579 in China
Share Price
CN¥34.40
Change (1 day)
-1.21%
52-Week Range
CN¥23.65 - CN¥39.74
All Time High
CN¥50.75
Categories
Companies in China Chemicals
About

Haohua Chemical Science & Technology Corp., Ltd. engages in the research and development, production, and sales of manufactures and sells fluorine materials, electronic gases, high-end manufacturing chemical materials, and carbon emission reduction products in China and internationally. The company offers Grease, new fluorine rubber and fluorine compound rubber, tetrafluoropropanol, perfluoroprop… Read more

Haohua Chemical Science & Technology Corp Ltd (600378) - Net Assets

Latest net assets as of September 2025: CN¥18.58 Billion CNY

Based on the latest financial reports, Haohua Chemical Science & Technology Corp Ltd (600378) has net assets worth CN¥18.58 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¥30.81 Billion) and total liabilities (CN¥12.23 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¥18.58 Billion
% of Total Assets 60.31%
Annual Growth Rate 23.36%
5-Year Change 169.28%
10-Year Change 2240.06%
Growth Volatility 108.23

Haohua Chemical Science & Technology Corp Ltd - Net Assets Trend (1997–2024)

This chart illustrates how Haohua Chemical Science & Technology Corp 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 Haohua Chemical Science & Technology Corp Ltd (1997–2024)

The table below shows the annual net assets of Haohua Chemical Science & Technology Corp Ltd from 1997 to 2024.

Year Net Assets Change
2024-12-31 CN¥17.57 Billion +105.33%
2023-12-31 CN¥8.56 Billion +4.07%
2022-12-31 CN¥8.22 Billion +13.56%
2021-12-31 CN¥7.24 Billion +10.96%
2020-12-31 CN¥6.53 Billion +7.33%
2019-12-31 CN¥6.08 Billion +22.01%
2018-12-31 CN¥4.98 Billion +526.41%
2017-12-31 CN¥795.47 Million +6.65%
2016-12-31 CN¥745.88 Million -0.67%
2015-12-31 CN¥750.91 Million +2.17%
2014-12-31 CN¥734.96 Million +7.25%
2013-12-31 CN¥685.28 Million +5.77%
2012-12-31 CN¥647.92 Million +9.74%
2011-12-31 CN¥590.41 Million +11.61%
2010-12-31 CN¥528.99 Million +7.61%
2009-12-31 CN¥491.58 Million +9.14%
2008-12-31 CN¥450.41 Million +13.47%
2007-12-31 CN¥396.95 Million +8.10%
2006-12-31 CN¥367.20 Million -12.96%
2005-12-31 CN¥421.89 Million +1.98%
2004-12-31 CN¥413.71 Million -9.41%
2003-12-31 CN¥456.71 Million +9.39%
2002-12-31 CN¥417.52 Million +1.26%
2001-12-31 CN¥412.31 Million +3.14%
2000-12-31 CN¥399.74 Million +260.04%
1999-12-31 CN¥111.03 Million +49.97%
1998-12-31 CN¥74.03 Million +21.92%
1997-12-31 CN¥60.72 Million --

Equity Component Analysis

This analysis shows how different components contribute to Haohua Chemical Science & Technology Corp 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 grown by 661837946900.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥6.62 Billion 38.66%
Common Stock CN¥1.29 Billion 7.54%
Other Components CN¥9.21 Billion 53.80%
Total Equity CN¥17.12 Billion 100.00%

Haohua Chemical Science & Technology Corp Ltd Competitors by Market Cap

The table below lists competitors of Haohua Chemical Science & Technology Corp Ltd ranked by their market capitalization.

Company Market Cap
Open House Group Co., Ltd.
PINK:OPPPF
 		$2.01 Billion
SEB SA
PINK:SEBYF
 		$2.01 Billion
Alpha Metallurgical Resources Inc
NYSE:AMR
 		$2.01 Billion
Chimera Investment Corporation
NYSE:CIMO
 		$2.01 Billion
Hub Group Inc
NASDAQ:HUBG
 		$2.01 Billion
Ta Chen Stainless Pipe Co Ltd
TW:2027
 		$2.01 Billion
Heijmans N.V
F:HJN1
 		$2.01 Billion
Huaibei Mining Holdings Co Ltd
SHG:600985
 		$2.00 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Haohua Chemical Science & Technology Corp Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 8,534,529,226 to 17,118,862,583, a change of 8,584,333,357 (100.6%).
  • Net income of 1,053,796,311 contributed positively to equity growth.
  • Dividend payments of 458,632,341 reduced retained earnings.
  • Other factors increased equity by 7,989,169,387.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥1.05 Billion +6.16%
Dividends Paid CN¥458.63 Million -2.68%
Other Changes CN¥7.99 Billion +46.67%
Total Change CN¥- 100.58%

Book Value vs Market Value Analysis

This analysis compares Haohua Chemical Science & Technology Corp 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: 2.22x
  • 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 162.02x to 2.22x 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¥0.21 CN¥34.40 x
1998-12-31 CN¥0.26 CN¥34.40 x
1999-12-31 CN¥0.39 CN¥34.40 x
2000-12-31 CN¥1.40 CN¥34.40 x
2001-12-31 CN¥1.44 CN¥34.40 x
2002-12-31 CN¥1.46 CN¥34.40 x
2003-12-31 CN¥1.58 CN¥34.40 x
2004-12-31 CN¥1.39 CN¥34.40 x
2005-12-31 CN¥1.41 CN¥34.40 x
2006-12-31 CN¥1.21 CN¥34.40 x
2007-12-31 CN¥1.30 CN¥34.40 x
2008-12-31 CN¥1.45 CN¥34.40 x
2009-12-31 CN¥1.56 CN¥34.40 x
2010-12-31 CN¥1.71 CN¥34.40 x
2011-12-31 CN¥1.96 CN¥34.40 x
2012-12-31 CN¥2.10 CN¥34.40 x
2013-12-31 CN¥2.24 CN¥34.40 x
2014-12-31 CN¥2.43 CN¥34.40 x
2015-12-31 CN¥2.55 CN¥34.40 x
2016-12-31 CN¥2.48 CN¥34.40 x
2017-12-31 CN¥0.95 CN¥34.40 x
2018-12-31 CN¥5.81 CN¥34.40 x
2019-12-31 CN¥6.98 CN¥34.40 x
2020-12-31 CN¥7.17 CN¥34.40 x
2021-12-31 CN¥8.04 CN¥34.40 x
2022-12-31 CN¥9.08 CN¥34.40 x
2023-12-31 CN¥9.39 CN¥34.40 x
2024-12-31 CN¥15.48 CN¥34.40 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Haohua Chemical Science & Technology Corp 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): 6.16%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 7.55%
  • • Asset Turnover: 0.46x
  • • Equity Multiplier: 1.76x
  • Recent ROE (6.16%) is below the historical average (9.99%), 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 23.02% 11.91% 0.97x 1.99x CN¥7.90 Million
1998 25.18% 20.07% 0.63x 1.98x CN¥11.24 Million
1999 18.54% 16.03% 0.69x 1.67x CN¥9.48 Million
2000 5.49% 15.82% 0.28x 1.23x CN¥-18.03 Million
2001 5.72% 16.52% 0.27x 1.27x CN¥-17.62 Million
2002 3.17% 8.68% 0.29x 1.25x CN¥-28.54 Million
2003 7.46% 17.42% 0.35x 1.24x CN¥-11.46 Million
2004 -8.29% -11.79% 0.51x 1.37x CN¥-72.91 Million
2005 0.91% 1.25% 0.50x 1.44x CN¥-36.56 Million
2006 -8.85% -8.34% 0.67x 1.59x CN¥-65.46 Million
2007 6.34% 4.80% 0.76x 1.73x CN¥-13.73 Million
2008 13.08% 9.36% 0.87x 1.61x CN¥13.30 Million
2009 8.76% 8.20% 0.73x 1.47x CN¥-5.87 Million
2010 8.53% 8.93% 0.64x 1.49x CN¥-7.51 Million
2011 10.70% 9.95% 0.66x 1.62x CN¥3.99 Million
2012 10.93% 10.48% 0.62x 1.67x CN¥5.88 Million
2013 11.18% 10.91% 0.61x 1.67x CN¥7.90 Million
2014 10.68% 12.61% 0.54x 1.58x CN¥4.90 Million
2015 5.89% 9.12% 0.48x 1.35x CN¥-30.17 Million
2016 3.63% 6.92% 0.40x 1.33x CN¥-47.48 Million
2017 40.96% 8.94% 3.45x 1.33x CN¥246.30 Million
2018 10.87% 12.44% 0.51x 1.70x CN¥42.45 Million
2019 9.15% 11.06% 0.56x 1.47x CN¥-50.31 Million
2020 10.08% 11.95% 0.54x 1.56x CN¥5.04 Million
2021 12.37% 12.01% 0.64x 1.62x CN¥170.80 Million
2022 14.21% 12.85% 0.59x 1.88x CN¥344.96 Million
2023 13.86% 8.15% 0.92x 1.85x CN¥329.82 Million
2024 6.16% 7.55% 0.46x 1.76x CN¥-658.09 Million

Industry Comparison

This section compares Haohua Chemical Science & Technology Corp 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
Haohua Chemical Science & Technology Corp Ltd (600378) CN¥18.58 Billion 23.02% 0.66x $2.01 Billion
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