Shandong Hualu Hengsheng Chemical Co Ltd

SHG:600426 China Chemicals
Market Cap
$11.98 Billion
CN¥87.92 Billion CNY
Market Cap Rank
#1941 Global
#107 in China
Share Price
CN¥41.41
Change (1 day)
+0.44%
52-Week Range
CN¥20.03 - CN¥41.41
All Time High
CN¥41.41
Categories
Companies in China Chemicals
About

Shandong Hualu-Hengsheng Chemical Co., Ltd. manufactures and sells chemical products worldwide. The company provides granular urea, power plant grade ammonium sulfate, caprolactam grade ammonium sulfate, and ammonium bicarbonate for agricultural use; and dimethyl carbonate, ethyl methyl carbonate, diethyl carbonate, and oxalic acid. It also offers glossy nylon 6 slices, caprolactam, adipic acid, … Read more

Shandong Hualu Hengsheng Chemical Co Ltd (600426) - Net Assets

Latest net assets as of September 2025: CN¥34.68 Billion CNY

Based on the latest financial reports, Shandong Hualu Hengsheng Chemical Co Ltd (600426) has net assets worth CN¥34.68 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¥49.26 Billion) and total liabilities (CN¥14.58 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¥34.68 Billion
% of Total Assets 70.4%
Annual Growth Rate 24.58%
5-Year Change 109.78%
10-Year Change 345.15%
Growth Volatility 44.9

Shandong Hualu Hengsheng Chemical Co Ltd - Net Assets Trend (2000–2024)

This chart illustrates how Shandong Hualu Hengsheng Chemical Co 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 Shandong Hualu Hengsheng Chemical Co Ltd (2000–2024)

The table below shows the annual net assets of Shandong Hualu Hengsheng Chemical Co Ltd from 2000 to 2024.

Year Net Assets Change
2024-12-31 CN¥32.83 Billion +7.85%
2023-12-31 CN¥30.44 Billion +9.01%
2022-12-31 CN¥27.92 Billion +22.97%
2021-12-31 CN¥22.71 Billion +45.09%
2020-12-31 CN¥15.65 Billion +9.96%
2019-12-31 CN¥14.23 Billion +17.93%
2018-12-31 CN¥12.07 Billion +29.91%
2017-12-31 CN¥9.29 Billion +13.82%
2016-12-31 CN¥8.16 Billion +10.67%
2015-12-31 CN¥7.37 Billion +11.52%
2014-12-31 CN¥6.61 Billion +12.68%
2013-12-31 CN¥5.87 Billion +6.27%
2012-12-31 CN¥5.52 Billion +8.91%
2011-12-31 CN¥5.07 Billion +6.09%
2010-12-31 CN¥4.78 Billion +73.24%
2009-12-31 CN¥2.76 Billion +15.76%
2008-12-31 CN¥2.38 Billion +19.09%
2007-12-31 CN¥2.00 Billion +16.80%
2006-12-31 CN¥1.71 Billion +85.51%
2005-12-31 CN¥923.63 Million +25.13%
2004-12-31 CN¥738.11 Million +15.91%
2003-12-31 CN¥636.78 Million +14.09%
2002-12-31 CN¥558.15 Million +222.71%
2001-12-31 CN¥172.96 Million +3.00%
2000-12-31 CN¥167.92 Million --

Equity Component Analysis

This analysis shows how different components contribute to Shandong Hualu Hengsheng Chemical 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 2551132520900.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥25.51 Billion 82.25%
Common Stock CN¥2.12 Billion 6.85%
Other Comprehensive Income CN¥19.29 Million 0.06%
Other Components CN¥3.36 Billion 10.85%
Total Equity CN¥31.02 Billion 100.00%

Shandong Hualu Hengsheng Chemical Co Ltd Competitors by Market Cap

The table below lists competitors of Shandong Hualu Hengsheng Chemical Co Ltd ranked by their market capitalization.

Company Market Cap
Masimo Corporation
NASDAQ:MASI
 		$8.09 Billion
Cullen/Frost Bankers Inc
NYSE:CFR
 		$8.09 Billion
UMB Financial Corporation
NASDAQ:UMBF
 		$8.09 Billion
Auckland International Airport Limited
PINK:ACKDF
 		$8.10 Billion
NWOEF
PINK:NWOEF
 		$8.08 Billion
Samsung Biologics Co Ltd
KO:207940
 		$8.08 Billion
Xp Inc
NASDAQ:XP
 		$8.08 Billion
Sanrio Company Ltd
PINK:SNROF
 		$8.07 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Shandong Hualu Hengsheng Chemical Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 28,891,046,805 to 31,018,229,487, a change of 2,127,182,682 (7.4%).
  • Net income of 3,902,593,308 contributed positively to equity growth.
  • Dividend payments of 2,202,930,893 reduced retained earnings.
  • Share repurchases of 910,944 reduced equity.
  • Other comprehensive income increased equity by 14,056,785.
  • Other factors increased equity by 414,374,426.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥3.90 Billion +12.58%
Dividends Paid CN¥2.20 Billion -7.1%
Share Repurchases CN¥910.94K -0.0%
Other Comprehensive Income CN¥14.06 Million +0.05%
Other Changes CN¥414.37 Million +1.34%
Total Change CN¥- 7.36%

Book Value vs Market Value Analysis

This analysis compares Shandong Hualu Hengsheng Chemical 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: 2.82x
  • 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 234.95x to 2.82x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2000-12-31 CN¥0.18 CN¥41.41 x
2001-12-31 CN¥0.18 CN¥41.41 x
2002-12-31 CN¥0.34 CN¥41.41 x
2003-12-31 CN¥0.39 CN¥41.41 x
2004-12-31 CN¥0.45 CN¥41.41 x
2005-12-31 CN¥0.57 CN¥41.41 x
2006-12-31 CN¥1.57 CN¥41.41 x
2007-12-31 CN¥1.23 CN¥41.41 x
2008-12-31 CN¥1.46 CN¥41.41 x
2009-12-31 CN¥1.69 CN¥41.41 x
2010-12-31 CN¥2.93 CN¥41.41 x
2011-12-31 CN¥2.42 CN¥41.41 x
2012-12-31 CN¥2.64 CN¥41.41 x
2013-12-31 CN¥2.80 CN¥41.41 x
2014-12-31 CN¥3.16 CN¥41.41 x
2015-12-31 CN¥3.52 CN¥41.41 x
2016-12-31 CN¥3.87 CN¥41.41 x
2017-12-31 CN¥4.41 CN¥41.41 x
2018-12-31 CN¥5.73 CN¥41.41 x
2019-12-31 CN¥6.76 CN¥41.41 x
2020-12-31 CN¥7.34 CN¥41.41 x
2021-12-31 CN¥10.55 CN¥41.41 x
2022-12-31 CN¥12.76 CN¥41.41 x
2023-12-31 CN¥13.65 CN¥41.41 x
2024-12-31 CN¥14.66 CN¥41.41 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shandong Hualu Hengsheng Chemical 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): 12.58%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 11.40%
  • • Asset Turnover: 0.73x
  • • Equity Multiplier: 1.50x
  • Recent ROE (12.58%) is below the historical average (14.78%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2000 20.48% 8.76% 0.91x 2.57x CN¥17.59 Million
2001 19.41% 8.95% 0.84x 2.59x CN¥16.28 Million
2002 8.26% 10.22% 0.50x 1.61x CN¥-9.72 Million
2003 12.37% 12.08% 0.41x 2.52x CN¥15.08 Million
2004 17.09% 12.70% 0.42x 3.23x CN¥52.33 Million
2005 19.01% 12.98% 0.49x 2.99x CN¥83.18 Million
2006 13.64% 12.93% 0.45x 2.36x CN¥62.31 Million
2007 16.00% 11.17% 0.70x 2.06x CN¥120.16 Million
2008 15.81% 10.94% 0.66x 2.19x CN¥138.56 Million
2009 15.41% 10.63% 0.65x 2.24x CN¥149.21 Million
2010 5.32% 5.36% 0.52x 1.89x CN¥-223.81 Million
2011 7.00% 6.83% 0.49x 2.10x CN¥-152.36 Million
2012 8.18% 6.45% 0.58x 2.18x CN¥-100.65 Million
2013 8.34% 5.78% 0.68x 2.11x CN¥-97.34 Million
2014 12.16% 8.28% 0.74x 1.97x CN¥143.15 Million
2015 12.27% 10.46% 0.75x 1.57x CN¥167.20 Million
2016 10.73% 11.37% 0.58x 1.62x CN¥59.38 Million
2017 13.16% 11.74% 0.65x 1.72x CN¥293.13 Million
2018 25.02% 21.03% 0.77x 1.55x CN¥1.81 Billion
2019 17.24% 17.29% 0.78x 1.28x CN¥1.03 Billion
2020 11.63% 13.71% 0.64x 1.33x CN¥251.51 Million
2021 32.67% 27.19% 0.93x 1.29x CN¥5.05 Billion
2022 23.36% 20.79% 0.86x 1.30x CN¥3.60 Billion
2023 12.38% 13.12% 0.62x 1.52x CN¥686.79 Million
2024 12.58% 11.40% 0.73x 1.50x CN¥800.77 Million

Industry Comparison

This section compares Shandong Hualu Hengsheng Chemical Co Ltd's net assets metrics with peer companies in the Chemicals industry.

Industry Context

  • Industry: Chemicals
  • Average net assets among peers: $3,426,439,570
  • Average return on equity (ROE) among peers: 7.28%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shandong Hualu Hengsheng Chemical Co Ltd (600426) CN¥34.68 Billion 20.48% 0.42x $8.09 Billion
North Huajin Chemical Industries Co Ltd (000059) $14.88 Billion 6.33% 1.16x $685.81 Million
Sichuan Chemical Co Ltd (000155) $10.05 Billion 7.93% 1.17x $2.22 Billion
Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) $2.47 Billion 6.91% 0.55x $2.91 Billion
Zangge Holding Co Ltd (000408) $477.67 Million 1.53% 1.45x $11.89 Billion
Sichuan Jinlu Group Co Ltd (000510) $754.79 Million 9.90% 0.56x $1.16 Billion
Jilin Gpro Titanium Industry Co Ltd (000545) $308.01 Million 5.65% 0.37x $437.84 Million
Aoyuan Beauty Valley Technology Co Ltd (000615) $560.43 Million 4.68% 0.78x $227.24 Million
Ningxia Younglight Chemicals Co Ltd (000635) $2.77 Billion 1.89% 0.12x $300.74 Million
Maoming Petro-Chemical Shihua Co Ltd (000637) $1.17 Billion 7.04% 1.48x $190.70 Million
Inner Mongolia Yuan Xing Energy Co Ltd (000683) $826.34 Million 20.99% 1.92x $3.00 Billion