Zhejiang XinAn Chemical Industrial Group Co Ltd (600596) - Net Assets

Latest as of September 2025: CN¥13.60 Billion CNY ≈ $1.99 Billion USD

Based on the latest financial reports, Zhejiang XinAn Chemical Industrial Group Co Ltd (600596) has net assets worth CN¥13.60 Billion CNY (≈ $1.99 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¥21.88 Billion ≈ $3.20 Billion USD) and total liabilities (CN¥8.28 Billion ≈ $1.21 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 600596 financial resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥13.60 Billion
% of Total Assets	62.14%
Annual Growth Rate	18.62%
5-Year Change	88.07%
10-Year Change	213.0%
Growth Volatility	33.29

Zhejiang XinAn Chemical Industrial Group Co Ltd - Net Assets Trend (1998–2024)

This chart illustrates how Zhejiang XinAn Chemical Industrial Group Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 600596 total asset value for the complete picture of this company's asset base.

Annual Net Assets for Zhejiang XinAn Chemical Industrial Group Co Ltd (1998–2024)

The table below shows the annual net assets of Zhejiang XinAn Chemical Industrial Group Co Ltd from 1998 to 2024. For live valuation and market cap data, see market value of Zhejiang XinAn Chemical Industrial Group.

Year	Net Assets	Change
2024-12-31	CN¥13.61 Billion ≈ $1.99 Billion	-2.17%
2023-12-31	CN¥13.91 Billion ≈ $2.04 Billion	+11.00%
2022-12-31	CN¥12.53 Billion ≈ $1.83 Billion	+27.44%
2021-12-31	CN¥9.84 Billion ≈ $1.44 Billion	+35.91%
2020-12-31	CN¥7.24 Billion ≈ $1.06 Billion	+13.15%
2019-12-31	CN¥6.40 Billion ≈ $935.90 Million	+2.01%
2018-12-31	CN¥6.27 Billion ≈ $917.50 Million	+27.80%
2017-12-31	CN¥4.91 Billion ≈ $717.94 Million	+10.59%
2016-12-31	CN¥4.44 Billion ≈ $649.17 Million	+2.02%
2015-12-31	CN¥4.35 Billion ≈ $636.30 Million	-6.89%
2014-12-31	CN¥4.67 Billion ≈ $683.37 Million	-2.00%
2013-12-31	CN¥4.77 Billion ≈ $697.35 Million	+8.17%
2012-12-31	CN¥4.41 Billion ≈ $644.66 Million	+3.96%
2011-12-31	CN¥4.24 Billion ≈ $620.11 Million	+0.10%
2010-12-31	CN¥4.23 Billion ≈ $619.49 Million	+1.74%
2009-12-31	CN¥4.16 Billion ≈ $608.91 Million	+26.62%
2008-12-31	CN¥3.29 Billion ≈ $480.90 Million	+99.59%
2007-12-31	CN¥1.65 Billion ≈ $240.95 Million	+43.85%
2006-12-31	CN¥1.14 Billion ≈ $167.51 Million	+28.91%
2005-12-31	CN¥887.96 Million ≈ $129.94 Million	+26.29%
2004-12-31	CN¥703.12 Million ≈ $102.89 Million	+25.01%
2003-12-31	CN¥562.46 Million ≈ $82.31 Million	+10.57%
2002-12-31	CN¥508.68 Million ≈ $74.44 Million	+1.88%
2001-12-31	CN¥499.29 Million ≈ $73.06 Million	+151.07%
2000-12-31	CN¥198.87 Million ≈ $29.10 Million	+9.26%
1999-12-31	CN¥182.01 Million ≈ $26.63 Million	+13.45%
1998-12-31	CN¥160.43 Million ≈ $23.48 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Zhejiang XinAn Chemical Industrial Group 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 814043511921.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥8.14 Billion	65.39%
Common Stock	CN¥1.35 Billion	10.84%
Other Comprehensive Income	CN¥934.04 Million	7.50%
Other Components	CN¥2.02 Billion	16.26%
Total Equity	CN¥12.45 Billion	100.00%

Zhejiang XinAn Chemical Industrial Group Co Ltd Competitors by Market Cap

The table below lists competitors of Zhejiang XinAn Chemical Industrial Group Co Ltd ranked by their market capitalization.

Company	Market Cap
Guangdong Advertising Co Ltd SHE:002400	$2.46 Billion
Sendas Distribuidora S.A. SA:ASAI3	$2.46 Billion
Beijing Hualian Hypermarket Co Ltd SHG:600361	$2.46 Billion
Qingdao Rural Commercial Bank Corp Class A SHE:002958	$2.46 Billion
ArcBest Corp NASDAQ:ARCB	$2.46 Billion
West African Resources Ltd AU:WAF	$2.46 Billion
Southchip Semiconductor Technology (Shanghai) Co. Ltd. A SHG:688484	$2.46 Billion
Wallenstam AB (publ) ST:WALL-B	$2.46 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Zhejiang XinAn Chemical Industrial Group Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 12,619,025,838 to 12,445,755,430, a change of -173,270,408 (-1.4%).
Net income of 51,406,928 contributed positively to equity growth.
Dividend payments of 295,960,159 reduced retained earnings.
Other comprehensive income increased equity by 934,042,343.
Other factors decreased equity by 862,759,520.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥51.41 Million	+0.41%
Dividends Paid	CN¥295.96 Million	-2.38%
Other Comprehensive Income	CN¥934.04 Million	+7.5%
Other Changes	CN¥-862.76 Million	-6.93%
Total Change	CN¥-	-1.37%

Book Value vs Market Value Analysis

This analysis compares Zhejiang XinAn Chemical Industrial Group 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: 1.29x
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 39.64x to 1.29x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
1998-12-31	CN¥0.31	CN¥12.45	x
1999-12-31	CN¥0.36	CN¥12.45	x
2000-12-31	CN¥0.39	CN¥12.45	x
2001-12-31	CN¥0.98	CN¥12.45	x
2002-12-31	CN¥1.00	CN¥12.45	x
2003-12-31	CN¥1.08	CN¥12.45	x
2004-12-31	CN¥1.33	CN¥12.45	x
2005-12-31	CN¥1.65	CN¥12.45	x
2006-12-31	CN¥1.21	CN¥12.45	x
2007-12-31	CN¥1.65	CN¥12.45	x
2008-12-31	CN¥3.39	CN¥12.45	x
2009-12-31	CN¥4.15	CN¥12.45	x
2010-12-31	CN¥4.22	CN¥12.45	x
2011-12-31	CN¥4.15	CN¥12.45	x
2012-12-31	CN¥4.25	CN¥12.45	x
2013-12-31	CN¥4.61	CN¥12.45	x
2014-12-31	CN¥4.32	CN¥12.45	x
2015-12-31	CN¥4.14	CN¥12.45	x
2016-12-31	CN¥4.07	CN¥12.45	x
2017-12-31	CN¥4.61	CN¥12.45	x
2018-12-31	CN¥5.86	CN¥12.45	x
2019-12-31	CN¥5.21	CN¥12.45	x
2020-12-31	CN¥5.71	CN¥12.45	x
2021-12-31	CN¥7.79	CN¥12.45	x
2022-12-31	CN¥10.08	CN¥12.45	x
2023-12-31	CN¥10.85	CN¥12.45	x
2024-12-31	CN¥9.68	CN¥12.45	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Zhejiang XinAn Chemical Industrial Group 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): 0.41%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 0.35%
• Asset Turnover: 0.65x
• Equity Multiplier: 1.82x
Recent ROE (0.41%) is below the historical average (12.76%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
1998	4.95%	1.85%	0.99x	2.70x	CN¥-7.95 Million
1999	13.62%	4.97%	0.97x	2.81x	CN¥6.44 Million
2000	11.91%	4.12%	0.94x	3.09x	CN¥3.71 Million
2001	4.15%	3.16%	0.70x	1.89x	CN¥-28.89 Million
2002	6.38%	4.10%	0.85x	1.84x	CN¥-18.20 Million
2003	6.47%	3.45%	0.90x	2.09x	CN¥-19.19 Million
2004	20.51%	8.08%	1.17x	2.17x	CN¥70.36 Million
2005	26.38%	9.16%	1.31x	2.19x	CN¥135.82 Million
2006	30.85%	12.03%	1.32x	1.94x	CN¥222.72 Million
2007	33.99%	13.36%	1.17x	2.17x	CN¥349.09 Million
2008	56.17%	23.27%	1.64x	1.47x	CN¥1.38 Billion
2009	7.46%	7.65%	0.68x	1.44x	CN¥-100.19 Million
2010	4.18%	3.86%	0.71x	1.54x	CN¥-233.14 Million
2011	0.44%	0.36%	0.69x	1.78x	CN¥-377.49 Million
2012	3.25%	2.15%	0.84x	1.79x	CN¥-272.62 Million
2013	9.92%	6.43%	0.93x	1.65x	CN¥-3.60 Million
2014	1.16%	0.64%	0.97x	1.85x	CN¥-380.26 Million
2015	-6.73%	-3.63%	0.94x	1.98x	CN¥-663.46 Million
2016	1.93%	1.14%	0.85x	1.99x	CN¥-324.57 Million
2017	11.85%	7.32%	0.80x	2.02x	CN¥83.12 Million
2018	21.84%	11.21%	1.09x	1.79x	CN¥668.55 Million
2019	8.09%	3.84%	1.10x	1.91x	CN¥-108.59 Million
2020	8.98%	4.66%	1.01x	1.92x	CN¥-66.19 Million
2021	29.68%	13.99%	1.10x	1.92x	CN¥1.76 Billion
2022	25.59%	13.55%	1.13x	1.67x	CN¥1.80 Billion
2023	1.06%	0.92%	0.67x	1.73x	CN¥-1.13 Billion
2024	0.41%	0.35%	0.65x	1.82x	CN¥-1.19 Billion

Industry Comparison

This section compares Zhejiang XinAn Chemical Industrial Group Co Ltd's net assets metrics with peer companies in the Agricultural Inputs industry.

Industry Context

Industry: Agricultural Inputs
Average net assets among peers: $2,123,924,630
Average return on equity (ROE) among peers: 11.07%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Zhejiang XinAn Chemical Industrial Group Co Ltd (600596)	CN¥13.60 Billion	4.95%	0.61x	$2.46 Billion
Hubei Yihua Chemical Industry Co Ltd (000422)	$7.06 Billion	11.58%	2.79x	$2.67 Billion
Nanjing Red Sun Co Ltd (000525)	$5.53 Billion	12.91%	1.22x	$1.03 Billion
ADAMA Ltd (000553)	$2.01 Billion	45.23%	0.46x	$2.39 Billion
Grand Industrial Holding Co Ltd (000626)	$2.66 Billion	-7.24%	2.38x	$682.05 Million
Sichuan Meifeng Chemical Industry Co Ltd (000731)	$790.66 Million	10.11%	0.66x	$572.61 Million
Qinghai Salt Lake Industry Co.Ltd (000792)	$138.79 Million	24.98%	1.61x	$31.28 Billion
Asia Potash International Investment Guangzhou Co Ltd (000893)	$413.91 Million	8.29%	1.31x	$7.51 Billion
Hubei Xinyangfeng Fertilizer Co Ltd (000902)	$452.01 Million	-10.57%	1.67x	$2.83 Billion
Sichuan Lutianhua Co Ltd (000912)	$1.83 Billion	8.54%	0.96x	$1.09 Billion
Guangxi Hechi Chemical Co Ltd (000953)	$362.48 Million	6.90%	1.25x	$372.35 Million

About Zhejiang XinAn Chemical Industrial Group Co Ltd

SHG:600596 China Agricultural Inputs

Market Cap

$2.46 Billion

CN¥16.80 Billion CNY

Market Cap Rank

#5579 Global

#1148 in China

Share Price

CN¥12.45

Change (1 day)

-0.32%

52-Week Range

CN¥7.71 - CN¥13.68

All Time High

CN¥30.25