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

Latest as of March 2026: CN¥19.27 Billion CNY ≈ $2.82 Billion USD

Based on the latest financial reports, Haohua Chemical Science & Technology Corp Ltd (600378) has net assets worth CN¥19.27 Billion CNY (≈ $2.82 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥32.23 Billion ≈ $4.72 Billion USD) and total liabilities (CN¥12.95 Billion ≈ $1.90 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 600378 tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥19.27 Billion
% of Total Assets 59.8%
Annual Growth Rate 22.74%
5-Year Change 160.25%
10-Year Change 2426.54%
Growth Volatility 106.46

Haohua Chemical Science & Technology Corp Ltd - Net Assets Trend (1997–2025)

This chart illustrates how Haohua Chemical Science & Technology Corp Ltd's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Haohua Chemical Science & Technology Cor to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Haohua Chemical Science & Technology Corp Ltd (1997–2025)

The table below shows the annual net assets of Haohua Chemical Science & Technology Corp Ltd from 1997 to 2025. For live valuation and market cap data, see Haohua Chemical Science & Technology Cor (600378) total market value.

Year Net Assets Change
2025-12-31 CN¥18.84 Billion
≈ $2.76 Billion		 +7.25%
2024-12-31 CN¥17.57 Billion
≈ $2.57 Billion		 +105.33%
2023-12-31 CN¥8.56 Billion
≈ $1.25 Billion		 +4.07%
2022-12-31 CN¥8.22 Billion
≈ $1.20 Billion		 +13.56%
2021-12-31 CN¥7.24 Billion
≈ $1.06 Billion		 +10.96%
2020-12-31 CN¥6.53 Billion
≈ $954.89 Million		 +7.33%
2019-12-31 CN¥6.08 Billion
≈ $889.67 Million		 +22.01%
2018-12-31 CN¥4.98 Billion
≈ $729.15 Million		 +526.41%
2017-12-31 CN¥795.47 Million
≈ $116.40 Million		 +6.65%
2016-12-31 CN¥745.88 Million
≈ $109.15 Million		 -0.67%
2015-12-31 CN¥750.91 Million
≈ $109.88 Million		 +2.17%
2014-12-31 CN¥734.96 Million
≈ $107.55 Million		 +7.25%
2013-12-31 CN¥685.28 Million
≈ $100.28 Million		 +5.77%
2012-12-31 CN¥647.92 Million
≈ $94.81 Million		 +9.74%
2011-12-31 CN¥590.41 Million
≈ $86.40 Million		 +11.61%
2010-12-31 CN¥528.99 Million
≈ $77.41 Million		 +7.61%
2009-12-31 CN¥491.58 Million
≈ $71.93 Million		 +9.14%
2008-12-31 CN¥450.41 Million
≈ $65.91 Million		 +13.47%
2007-12-31 CN¥396.95 Million
≈ $58.09 Million		 +8.10%
2006-12-31 CN¥367.20 Million
≈ $53.73 Million		 -12.96%
2005-12-31 CN¥421.89 Million
≈ $61.74 Million		 +1.98%
2004-12-31 CN¥413.71 Million
≈ $60.54 Million		 -9.41%
2003-12-31 CN¥456.71 Million
≈ $66.83 Million		 +9.39%
2002-12-31 CN¥417.52 Million
≈ $61.10 Million		 +1.26%
2001-12-31 CN¥412.31 Million
≈ $60.33 Million		 +3.14%
2000-12-31 CN¥399.74 Million
≈ $58.49 Million		 +260.04%
1999-12-31 CN¥111.03 Million
≈ $16.25 Million		 +49.97%
1998-12-31 CN¥74.03 Million
≈ $10.83 Million		 +21.92%
1997-12-31 CN¥60.72 Million
≈ $8.89 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 767490230149.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings CN¥7.67 Billion 42.15%
Other Components CN¥10.54 Billion 57.85%
Total Equity CN¥18.21 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
Renaissancere Holdings Ltd
NYSE:RNR
 $12.05 Billion
BUREAU VERITAS ADR EO-12
F:4BV0
 $12.07 Billion
Industrivarden AB ser. C
ST:INDU-C
 $12.08 Billion
Align Technology Inc
NASDAQ:ALGN
 $12.09 Billion
Realtek Semiconductor Corp
TW:2379
 $12.04 Billion
Ionis Pharmaceuticals Inc
NASDAQ:IONS
 $12.04 Billion
TATA CONSUMER PRODUCTS LIMITED
NSE:TATACONSUM
 $12.03 Billion
AVIC Jonhon Optronic Technology Co Ltd
SHE:002179
 $12.03 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 2024 to 2025, total equity changed from 17,118,862,583 to 18,210,386,680, a change of 1,091,524,097 (6.4%).
  • Net income of 1,444,467,040 contributed positively to equity growth.
  • Dividend payments of 552,745,537 reduced retained earnings.
  • Other factors increased equity by 199,802,594.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CN¥1.44 Billion +7.93%
Dividends Paid CN¥552.75 Million -3.04%
Other Changes CN¥199.80 Million +1.1%
Total Change CN¥- 6.38%

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: 4.52x
  • 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 300.48x to 4.52x 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¥63.80 x
1998-12-31 CN¥0.26 CN¥63.80 x
1999-12-31 CN¥0.39 CN¥63.80 x
2000-12-31 CN¥1.40 CN¥63.80 x
2001-12-31 CN¥1.44 CN¥63.80 x
2002-12-31 CN¥1.46 CN¥63.80 x
2003-12-31 CN¥1.58 CN¥63.80 x
2004-12-31 CN¥1.39 CN¥63.80 x
2005-12-31 CN¥1.41 CN¥63.80 x
2006-12-31 CN¥1.21 CN¥63.80 x
2007-12-31 CN¥1.30 CN¥63.80 x
2008-12-31 CN¥1.45 CN¥63.80 x
2009-12-31 CN¥1.56 CN¥63.80 x
2010-12-31 CN¥1.71 CN¥63.80 x
2011-12-31 CN¥1.96 CN¥63.80 x
2012-12-31 CN¥2.10 CN¥63.80 x
2013-12-31 CN¥2.24 CN¥63.80 x
2014-12-31 CN¥2.43 CN¥63.80 x
2015-12-31 CN¥2.55 CN¥63.80 x
2016-12-31 CN¥2.48 CN¥63.80 x
2017-12-31 CN¥0.95 CN¥63.80 x
2018-12-31 CN¥5.81 CN¥63.80 x
2019-12-31 CN¥6.98 CN¥63.80 x
2020-12-31 CN¥7.17 CN¥63.80 x
2021-12-31 CN¥8.04 CN¥63.80 x
2022-12-31 CN¥9.08 CN¥63.80 x
2023-12-31 CN¥9.39 CN¥63.80 x
2024-12-31 CN¥15.48 CN¥63.80 x
2025-12-31 CN¥14.12 CN¥63.80 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): 7.93%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 8.66%
  • • Asset Turnover: 0.53x
  • • Equity Multiplier: 1.74x
  • Recent ROE (7.93%) is below the historical average (9.92%), 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
2025 7.93% 8.66% 0.53x 1.74x CN¥-376.57 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: $3,937,256,453
  • Average return on equity (ROE) among peers: -68.94%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Haohua Chemical Science & Technology Corp Ltd (600378) CN¥19.27 Billion 23.02% 0.67x $12.04 Billion
North Huajin Chemical Industries Co Ltd (000059) $7.23 Billion -2.15% 2.93x $966.62 Million
Sichuan Chemical Co Ltd (000155) $452.40 Million 20.36% 1.97x $3.60 Billion
Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) $15.71 Billion 6.15% 0.89x $11.87 Billion
Zangge Holding Co Ltd (000408) $500.14 Million 2.06% 0.92x $17.73 Billion
Sichuan Jinlu Group Co Ltd (000510) $1.13 Billion -5.69% 1.37x $2.09 Billion
Jilin Gpro Titanium Industry Co Ltd (000545) $1.88 Billion -7.74% 0.64x $359.57 Million
Aoyuan Beauty Valley Technology Co Ltd (000615) $230.01 Million -699.06% 15.25x $886.71 Million
Ningxia Younglight Chemicals Co Ltd (000635) $2.27 Billion -17.14% 0.20x $388.72 Million
Maoming Petro-Chemical Shihua Co Ltd (000637) $220.98 Million 19.06% 0.40x $286.80 Million
Inner Mongolia Yuan Xing Energy Co Ltd (000683) $9.76 Billion -5.25% 1.28x $3.57 Billion

About Haohua Chemical Science & Technology Corp Ltd

SHG:600378 China Chemicals
Market Cap
$12.04 Billion
CN¥82.30 Billion CNY
Market Cap Rank
#1971 Global
#217 in China
Share Price
CN¥63.80
Change (1 day)
+10.00%
52-Week Range
CN¥24.99 - CN¥63.80
All Time High
CN¥63.80
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