Nantong Jiangshan Agrochemical & Chemicals Co Ltd (600389) - Net Assets

Latest as of September 2025: CN¥4.37 Billion CNY ≈ $638.81 Million USD

Based on the latest financial reports, Nantong Jiangshan Agrochemical & Chemicals Co Ltd (600389) has net assets worth CN¥4.37 Billion CNY (≈ $638.81 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¥9.44 Billion ≈ $1.38 Billion USD) and total liabilities (CN¥5.07 Billion ≈ $741.90 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 600389 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥4.37 Billion
% of Total Assets	46.27%
Annual Growth Rate	13.12%
5-Year Change	93.59%
10-Year Change	204.55%
Growth Volatility	49.27

Nantong Jiangshan Agrochemical & Chemicals Co Ltd - Net Assets Trend (1997–2024)

This chart illustrates how Nantong Jiangshan Agrochemical & Chemicals Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 600389 total assets for the complete picture of this company's asset base.

Annual Net Assets for Nantong Jiangshan Agrochemical & Chemicals Co Ltd (1997–2024)

The table below shows the annual net assets of Nantong Jiangshan Agrochemical & Chemicals Co Ltd from 1997 to 2024. For live valuation and market cap data, see market value of Nantong Jiangshan Agrochemical & Chemica.

Year	Net Assets	Change
2024-12-31	CN¥3.93 Billion ≈ $575.79 Million	+6.37%
2023-12-31	CN¥3.70 Billion ≈ $541.29 Million	+11.68%
2022-12-31	CN¥3.31 Billion ≈ $484.70 Million	+37.91%
2021-12-31	CN¥2.40 Billion ≈ $351.46 Million	+18.17%
2020-12-31	CN¥2.03 Billion ≈ $297.43 Million	-2.32%
2019-12-31	CN¥2.08 Billion ≈ $304.51 Million	+14.18%
2018-12-31	CN¥1.82 Billion ≈ $266.69 Million	+16.40%
2017-12-31	CN¥1.57 Billion ≈ $229.10 Million	+13.89%
2016-12-31	CN¥1.37 Billion ≈ $201.16 Million	+6.40%
2015-12-31	CN¥1.29 Billion ≈ $189.06 Million	-3.09%
2014-12-31	CN¥1.33 Billion ≈ $195.09 Million	+10.16%
2013-12-31	CN¥1.21 Billion ≈ $177.10 Million	+28.95%
2012-12-31	CN¥938.52 Million ≈ $137.34 Million	+0.52%
2011-12-31	CN¥933.68 Million ≈ $136.63 Million	+0.70%
2010-12-31	CN¥927.15 Million ≈ $135.67 Million	-4.37%
2009-12-31	CN¥969.56 Million ≈ $141.88 Million	-9.61%
2008-12-31	CN¥1.07 Billion ≈ $156.96 Million	+38.41%
2007-12-31	CN¥774.98 Million ≈ $113.40 Million	+13.42%
2006-12-31	CN¥683.26 Million ≈ $99.98 Million	+6.23%
2005-12-31	CN¥643.19 Million ≈ $94.12 Million	+1.58%
2004-12-31	CN¥633.18 Million ≈ $92.65 Million	+7.37%
2003-12-31	CN¥589.70 Million ≈ $86.29 Million	+17.30%
2002-12-31	CN¥502.74 Million ≈ $73.57 Million	+11.30%
2001-12-31	CN¥451.72 Million ≈ $66.10 Million	+6.48%
2000-12-31	CN¥424.23 Million ≈ $62.08 Million	+254.80%
1999-12-31	CN¥119.57 Million ≈ $17.50 Million	-43.15%
1998-12-31	CN¥210.31 Million ≈ $30.77 Million	+48.99%
1997-12-31	CN¥141.15 Million ≈ $20.65 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Nantong Jiangshan Agrochemical & Chemicals Co 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 254574053800.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥2.55 Billion	68.46%
Common Stock	CN¥430.65 Million	11.58%
Other Comprehensive Income	CN¥722.09 Million	19.42%
Other Components	CN¥19.96 Million	0.54%
Total Equity	CN¥3.72 Billion	100.00%

Nantong Jiangshan Agrochemical & Chemicals Co Ltd Competitors by Market Cap

The table below lists competitors of Nantong Jiangshan Agrochemical & Chemicals Co Ltd ranked by their market capitalization.

Company	Market Cap
Blackline Inc NASDAQ:BL	$1.82 Billion
Hap Seng Consolidated Bhd KLSE:3034	$1.83 Billion
AlzChem Group AG XETRA:ACT	$1.83 Billion
Poly Plastic Masterbatch Suzhou Co SHE:300905	$1.83 Billion
Shanghai Weaver Network Co Ltd SHG:603039	$1.82 Billion
Hunan Corun New Energy Co Ltd SHG:600478	$1.82 Billion
Stoke Therapeutics Inc NASDAQ:STOK	$1.82 Billion
Liuzhou Iron & Steel Co Ltd SHG:601003	$1.82 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Nantong Jiangshan Agrochemical & Chemicals Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 3,590,745,015 to 3,718,441,923, a change of 127,696,908 (3.6%).
Net income of 224,399,101 contributed positively to equity growth.
Dividend payments of 116,341,814 reduced retained earnings.
Share repurchases of 190,345,688 reduced equity.
Other comprehensive income increased equity by 722,088,712.
Other factors decreased equity by 512,103,403.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥224.40 Million	+6.03%
Dividends Paid	CN¥116.34 Million	-3.13%
Share Repurchases	CN¥190.35 Million	-5.12%
Other Comprehensive Income	CN¥722.09 Million	+19.42%
Other Changes	CN¥-512.10 Million	-13.77%
Total Change	CN¥-	3.56%

Book Value vs Market Value Analysis

This analysis compares Nantong Jiangshan Agrochemical & Chemicals Co 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: 3.36x
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 61.61x to 3.36x 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¥0.47	CN¥28.95	x
1998-12-31	CN¥0.71	CN¥28.95	x
1999-12-31	CN¥0.40	CN¥28.95	x
2000-12-31	CN¥1.36	CN¥28.95	x
2001-12-31	CN¥1.45	CN¥28.95	x
2002-12-31	CN¥1.53	CN¥28.95	x
2003-12-31	CN¥1.73	CN¥28.95	x
2004-12-31	CN¥1.89	CN¥28.95	x
2005-12-31	CN¥1.89	CN¥28.95	x
2006-12-31	CN¥1.40	CN¥28.95	x
2007-12-31	CN¥1.59	CN¥28.95	x
2008-12-31	CN¥2.26	CN¥28.95	x
2009-12-31	CN¥2.03	CN¥28.95	x
2010-12-31	CN¥2.09	CN¥28.95	x
2011-12-31	CN¥3.04	CN¥28.95	x
2012-12-31	CN¥2.18	CN¥28.95	x
2013-12-31	CN¥2.81	CN¥28.95	x
2014-12-31	CN¥3.10	CN¥28.95	x
2015-12-31	CN¥3.00	CN¥28.95	x
2016-12-31	CN¥3.19	CN¥28.95	x
2017-12-31	CN¥3.64	CN¥28.95	x
2018-12-31	CN¥4.23	CN¥28.95	x
2019-12-31	CN¥4.68	CN¥28.95	x
2020-12-31	CN¥4.59	CN¥28.95	x
2021-12-31	CN¥5.45	CN¥28.95	x
2022-12-31	CN¥7.69	CN¥28.95	x
2023-12-31	CN¥8.25	CN¥28.95	x
2024-12-31	CN¥8.62	CN¥28.95	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Nantong Jiangshan Agrochemical & Chemicals Co 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): 6.03%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 4.13%
• Asset Turnover: 0.63x
• Equity Multiplier: 2.32x
Recent ROE (6.03%) is below the historical average (13.31%), 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	7.00%	2.42%	1.58x	1.84x	CN¥-4.19 Million
1998	10.14%	5.02%	1.19x	1.70x	CN¥297.08K
1999	31.16%	8.17%	1.17x	3.26x	CN¥25.24 Million
2000	6.87%	5.30%	0.72x	1.80x	CN¥-12.65 Million
2001	8.68%	6.36%	0.76x	1.80x	CN¥-5.71 Million
2002	6.95%	4.49%	0.68x	2.26x	CN¥-13.86 Million
2003	8.51%	3.54%	1.01x	2.38x	CN¥-7.66 Million
2004	11.27%	3.43%	1.21x	2.72x	CN¥7.15 Million
2005	10.61%	2.83%	1.16x	3.22x	CN¥3.45 Million
2006	8.61%	2.29%	1.18x	3.19x	CN¥-8.34 Million
2007	15.26%	3.89%	1.16x	3.37x	CN¥36.20 Million
2008	30.55%	9.21%	1.00x	3.30x	CN¥200.23 Million
2009	-8.96%	-3.36%	0.71x	3.76x	CN¥-165.48 Million
2010	3.42%	1.55%	0.63x	3.51x	CN¥-59.32 Million
2011	0.56%	0.19%	0.74x	3.87x	CN¥-85.39 Million
2012	3.55%	1.11%	0.93x	3.46x	CN¥-60.53 Million
2013	24.97%	9.56%	0.97x	2.70x	CN¥181.19 Million
2014	15.13%	6.78%	0.91x	2.47x	CN¥68.44 Million
2015	0.82%	0.39%	0.86x	2.41x	CN¥-118.63 Million
2016	3.81%	1.10%	1.46x	2.37x	CN¥-85.09 Million
2017	15.90%	6.84%	1.23x	1.89x	CN¥92.42 Million
2018	21.51%	10.00%	1.22x	1.76x	CN¥209.85 Million
2019	14.89%	6.28%	1.11x	2.14x	CN¥98.56 Million
2020	16.93%	6.54%	1.11x	2.32x	CN¥137.10 Million
2021	34.78%	12.59%	1.14x	2.42x	CN¥581.67 Million
2022	55.73%	22.09%	1.28x	1.97x	CN¥1.51 Billion
2023	7.88%	5.56%	0.76x	1.86x	CN¥-76.12 Million
2024	6.03%	4.13%	0.63x	2.32x	CN¥-147.45 Million

Industry Comparison

This section compares Nantong Jiangshan Agrochemical & Chemicals Co Ltd's net assets metrics with peer companies in the Agricultural Inputs industry.

Industry Context

Industry: Agricultural Inputs
Average net assets among peers: $1,593,897,380
Average return on equity (ROE) among peers: 0.99%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Nantong Jiangshan Agrochemical & Chemicals Co Ltd (600389)	CN¥4.37 Billion	7.00%	1.16x	$1.82 Billion
Hubei Yihua Chemical Industry Co Ltd (000422)	$944.85 Million	6.92%	1.10x	$2.57 Billion
Nanjing Red Sun Co Ltd (000525)	$745.53 Million	0.49%	4.01x	$1.06 Billion
ADAMA Ltd (000553)	$1.12 Billion	2.13%	0.80x	$2.27 Billion
Grand Industrial Holding Co Ltd (000626)	$311.51 Million	9.88%	3.33x	$699.10 Million
Sichuan Meifeng Chemical Industry Co Ltd (000731)	$2.83 Billion	1.96%	0.80x	$554.14 Million
Qinghai Salt Lake Industry Co.Ltd (000792)	$1.76 Billion	5.54%	1.05x	$29.46 Billion
Asia Potash International Investment Guangzhou Co Ltd (000893)	$4.67 Billion	0.42%	0.11x	$7.17 Billion
Hubei Xinyangfeng Fertilizer Co Ltd (000902)	$452.01 Million	-10.57%	1.67x	$2.88 Billion
Sichuan Lutianhua Co Ltd (000912)	$2.65 Billion	-11.21%	4.03x	$1.03 Billion
Guangxi Hechi Chemical Co Ltd (000953)	$462.27 Million	4.39%	1.64x	$371.28 Million

About Nantong Jiangshan Agrochemical & Chemicals Co Ltd

SHG:600389 China Agricultural Inputs

Market Cap

$1.82 Billion

CN¥12.47 Billion CNY

Market Cap Rank

#6671 Global

#1554 in China

Share Price

CN¥28.95

Change (1 day)

+5.50%

52-Week Range

CN¥16.69 - CN¥31.90

All Time High

CN¥75.06