Sinochem International Corp (600500) - Net Assets
Based on the latest financial reports, Sinochem International Corp (600500) has net assets worth CN¥16.93 Billion CNY (≈ $2.48 Billion 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¥51.78 Billion ≈ $7.58 Billion USD) and total liabilities (CN¥34.85 Billion ≈ $5.10 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 600500 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥16.93 Billion |
| % of Total Assets | 32.7% |
| Annual Growth Rate | 16.06% |
| 5-Year Change | -34.69% |
| 10-Year Change | -6.82% |
| Growth Volatility | 52.9 |
Sinochem International Corp - Net Assets Trend (1996–2024)
This chart illustrates how Sinochem International Corp's net assets have evolved over time, based on quarterly financial data. See Sinochem International Corp defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Sinochem International Corp (1996–2024)
The table below shows the annual net assets of Sinochem International Corp from 1996 to 2024. For live valuation and market cap data, see market cap of Sinochem International Corp.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥18.29 Billion ≈ $2.68 Billion |
-15.33% |
| 2023-12-31 | CN¥21.60 Billion ≈ $3.16 Billion |
-18.63% |
| 2022-12-31 | CN¥26.54 Billion ≈ $3.88 Billion |
+33.18% |
| 2021-12-31 | CN¥19.93 Billion ≈ $2.92 Billion |
-28.82% |
| 2020-12-31 | CN¥28.00 Billion ≈ $4.10 Billion |
+10.78% |
| 2019-12-31 | CN¥25.27 Billion ≈ $3.70 Billion |
+5.31% |
| 2018-12-31 | CN¥24.00 Billion ≈ $3.51 Billion |
+14.06% |
| 2017-12-31 | CN¥21.04 Billion ≈ $3.08 Billion |
+4.91% |
| 2016-12-31 | CN¥20.06 Billion ≈ $2.94 Billion |
+2.20% |
| 2015-12-31 | CN¥19.63 Billion ≈ $2.87 Billion |
+36.34% |
| 2014-12-31 | CN¥14.40 Billion ≈ $2.11 Billion |
+1.75% |
| 2013-12-31 | CN¥14.15 Billion ≈ $2.07 Billion |
+39.32% |
| 2012-12-31 | CN¥10.15 Billion ≈ $1.49 Billion |
+15.01% |
| 2011-12-31 | CN¥8.83 Billion ≈ $1.29 Billion |
+7.71% |
| 2010-12-31 | CN¥8.20 Billion ≈ $1.20 Billion |
+1.35% |
| 2009-12-31 | CN¥8.09 Billion ≈ $1.18 Billion |
+10.97% |
| 2008-12-31 | CN¥7.29 Billion ≈ $1.07 Billion |
+11.32% |
| 2007-12-31 | CN¥6.55 Billion ≈ $958.02 Million |
+77.18% |
| 2006-12-31 | CN¥3.70 Billion ≈ $540.70 Million |
+3.85% |
| 2005-12-31 | CN¥3.56 Billion ≈ $520.67 Million |
+23.13% |
| 2004-12-31 | CN¥2.89 Billion ≈ $422.85 Million |
+38.70% |
| 2003-12-31 | CN¥2.08 Billion ≈ $304.87 Million |
+18.26% |
| 2002-12-31 | CN¥1.76 Billion ≈ $257.80 Million |
+8.78% |
| 2001-12-31 | CN¥1.62 Billion ≈ $237.00 Million |
+12.17% |
| 2000-12-31 | CN¥1.44 Billion ≈ $211.28 Million |
+2.66% |
| 1999-12-31 | CN¥1.41 Billion ≈ $205.80 Million |
+276.81% |
| 1998-12-31 | CN¥373.24 Million ≈ $54.62 Million |
+3.59% |
| 1997-12-31 | CN¥360.30 Million ≈ $52.72 Million |
+27.51% |
| 1996-12-31 | CN¥282.57 Million ≈ $41.35 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Sinochem International Corp'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 278601218700.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.79 Billion | 22.14% |
| Common Stock | CN¥3.59 Billion | 28.52% |
| Other Comprehensive Income | CN¥-373.89 Million | -2.97% |
| Other Components | CN¥6.58 Billion | 52.31% |
| Total Equity | CN¥12.58 Billion | 100.00% |
Sinochem International Corp Competitors by Market Cap
The table below lists competitors of Sinochem International Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Taiwan High Speed Rail Corp
TW:2633
|
$4.64 Billion |
|
Jinneng Holding Shanxi Coal Industry Co Ltd
SHG:601001
|
$4.64 Billion |
|
Spirit Aerosystems Holdings Inc
NYSE:SPR
|
$4.64 Billion |
|
ADT Inc
NYSE:ADT
|
$4.64 Billion |
|
Shanghai Wanye Enterprises Co Ltd
SHG:600641
|
$4.63 Billion |
|
Dottikon Es Holding AG
SW:DESN
|
$4.63 Billion |
|
FPT Corp
VN:FPT
|
$4.63 Billion |
|
Bumrungrad Hospital PCL
BK:BH
|
$4.62 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sinochem International Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 15,517,546,938 to 12,583,209,953, a change of -2,934,336,985 (-18.9%).
- Net loss of 2,836,615,732 reduced equity.
- Dividend payments of 694,013,655 reduced retained earnings.
- Share repurchases of 2,269,353 reduced equity.
- Other comprehensive income increased equity by 139,279,294.
- Other factors increased equity by 459,282,461.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-2.84 Billion | -22.54% |
| Dividends Paid | CN¥694.01 Million | -5.52% |
| Share Repurchases | CN¥2.27 Million | -0.02% |
| Other Comprehensive Income | CN¥139.28 Million | +1.11% |
| Other Changes | CN¥459.28 Million | +3.65% |
| Total Change | CN¥- | -18.91% |
Book Value vs Market Value Analysis
This analysis compares Sinochem International Corp'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: 2.52x
- 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 52.02x to 2.52x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-12-31 | CN¥0.17 | CN¥8.83 | x |
| 1997-12-31 | CN¥0.22 | CN¥8.83 | x |
| 1998-12-31 | CN¥0.22 | CN¥8.83 | x |
| 1999-12-31 | CN¥0.87 | CN¥8.83 | x |
| 2000-12-31 | CN¥0.89 | CN¥8.83 | x |
| 2001-12-31 | CN¥0.89 | CN¥8.83 | x |
| 2002-12-31 | CN¥0.96 | CN¥8.83 | x |
| 2003-12-31 | CN¥1.13 | CN¥8.83 | x |
| 2004-12-31 | CN¥1.60 | CN¥8.83 | x |
| 2005-12-31 | CN¥1.91 | CN¥8.83 | x |
| 2006-12-31 | CN¥1.87 | CN¥8.83 | x |
| 2007-12-31 | CN¥3.23 | CN¥8.83 | x |
| 2008-12-31 | CN¥2.85 | CN¥8.83 | x |
| 2009-12-31 | CN¥3.12 | CN¥8.83 | x |
| 2010-12-31 | CN¥3.15 | CN¥8.83 | x |
| 2011-12-31 | CN¥3.38 | CN¥8.83 | x |
| 2012-12-31 | CN¥3.57 | CN¥8.83 | x |
| 2013-12-31 | CN¥5.39 | CN¥8.83 | x |
| 2014-12-31 | CN¥4.06 | CN¥8.83 | x |
| 2015-12-31 | CN¥4.23 | CN¥8.83 | x |
| 2016-12-31 | CN¥4.13 | CN¥8.83 | x |
| 2017-12-31 | CN¥3.98 | CN¥8.83 | x |
| 2018-12-31 | CN¥4.20 | CN¥8.83 | x |
| 2019-12-31 | CN¥4.85 | CN¥8.83 | x |
| 2020-12-31 | CN¥4.79 | CN¥8.83 | x |
| 2021-12-31 | CN¥4.48 | CN¥8.83 | x |
| 2022-12-31 | CN¥6.46 | CN¥8.83 | x |
| 2023-12-31 | CN¥4.35 | CN¥8.83 | x |
| 2024-12-31 | CN¥3.50 | CN¥8.83 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sinochem International Corp 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): -22.54%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.36%
- • Asset Turnover: 1.03x
- • Equity Multiplier: 4.07x
- Recent ROE (-22.54%) is below the historical average (10.13%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | 19.44% | 1.41% | 3.24x | 4.26x | CN¥25.95 Million |
| 1997 | 25.98% | 2.29% | 3.41x | 3.33x | CN¥56.09 Million |
| 1998 | 28.09% | 2.43% | 3.57x | 3.24x | CN¥65.39 Million |
| 1999 | 8.40% | 3.35% | 1.80x | 1.39x | CN¥-22.51 Million |
| 2000 | 8.73% | 2.21% | 2.72x | 1.45x | CN¥-18.25 Million |
| 2001 | 6.28% | 1.38% | 2.60x | 1.75x | CN¥-53.73 Million |
| 2002 | 16.65% | 3.25% | 2.59x | 1.97x | CN¥103.95 Million |
| 2003 | 14.34% | 2.39% | 3.35x | 1.79x | CN¥79.28 Million |
| 2004 | 30.81% | 6.13% | 2.44x | 2.06x | CN¥538.79 Million |
| 2005 | 23.01% | 4.47% | 2.51x | 2.05x | CN¥402.28 Million |
| 2006 | 11.92% | 2.34% | 1.94x | 2.62x | CN¥58.28 Million |
| 2007 | 10.95% | 3.24% | 1.42x | 2.38x | CN¥54.60 Million |
| 2008 | 13.23% | 2.58% | 1.76x | 2.92x | CN¥172.42 Million |
| 2009 | 10.60% | 2.72% | 1.14x | 3.42x | CN¥35.07 Million |
| 2010 | 11.48% | 1.69% | 1.60x | 4.25x | CN¥86.62 Million |
| 2011 | 12.31% | 1.40% | 2.16x | 4.06x | CN¥145.28 Million |
| 2012 | 8.83% | 1.07% | 1.80x | 4.56x | CN¥-77.26 Million |
| 2013 | 6.13% | 1.34% | 1.67x | 2.74x | CN¥-407.88 Million |
| 2014 | 10.42% | 2.53% | 1.49x | 2.76x | CN¥46.02 Million |
| 2015 | 4.18% | 1.08% | 1.08x | 3.57x | CN¥-657.53 Million |
| 2016 | 1.68% | 0.35% | 1.08x | 4.48x | CN¥-929.86 Million |
| 2017 | 6.00% | 1.17% | 0.99x | 5.16x | CN¥-432.68 Million |
| 2018 | 8.10% | 1.52% | 1.19x | 4.48x | CN¥-213.20 Million |
| 2019 | 3.63% | 0.89% | 1.01x | 4.01x | CN¥-836.22 Million |
| 2020 | 2.37% | 0.57% | 0.97x | 4.32x | CN¥-989.06 Million |
| 2021 | 17.58% | 2.67% | 1.39x | 4.73x | CN¥928.82 Million |
| 2022 | 7.22% | 1.50% | 1.24x | 3.87x | CN¥-503.94 Million |
| 2023 | -11.91% | -3.40% | 1.01x | 3.47x | CN¥-3.40 Billion |
| 2024 | -22.54% | -5.36% | 1.03x | 4.07x | CN¥-4.09 Billion |
Industry Comparison
This section compares Sinochem International Corp's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $1,507,571,874
- Average return on equity (ROE) among peers: 0.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sinochem International Corp (600500) | CN¥16.93 Billion | 19.44% | 2.06x | $4.64 Billion |
| China Baoan Group Co Ltd (000009) | $1.30 Billion | -37.64% | 2.76x | $2.58 Billion |
| Yunding Technology Co Ltd (000409) | $126.42 Million | 0.00% | 0.40x | $861.84 Million |
| Create Technology & Science Co Ltd (000551) | $3.24 Billion | 8.41% | 0.95x | $1.11 Billion |
| Sundiro Holding Co Ltd (000571) | $1.40 Billion | 10.67% | 0.83x | $650.79 Million |
| Guangdong Ganhua Science & Industry Co Ltd (000576) | $386.02 Million | -12.49% | 1.48x | $453.42 Million |
| Macrolink Real Estate Co Ltd (000620) | $2.41 Million | 23.56% | 1.36x | $2.54 Billion |
| Tianjin Economic-technological Development Area Co Ltd (000652) | $6.61 Billion | 2.77% | 5.23x | $755.73 Million |
| CHTC Helon Co Ltd (000677) | $579.94 Million | 7.44% | 2.36x | $217.45 Million |
| Gansu Yatai Industrial Development Co Ltd (000691) | $639.11 Million | 0.03% | 0.36x | $867.80 Million |
| Hunan Fazhan Industrial Co Ltd (000722) | $797.34 Million | 6.11% | 0.50x | $1.20 Billion |
About Sinochem International Corp
Sinochem International Corporation engages in the intermediates, new materials, polymer additives, and natural rubber businesses worldwide. The company offers pesticide intermediates, electronic chemicals, and pharmaceutical intermediates; and ultraviolet absorbent, light stabilizers, polymerization inhibitors, and antioxidants. It also offers epoxy resin, including fibers, membrane, and lightwei… Read more