Zhejiang XinAn Chemical Industrial Group Co Ltd Net Assets
Zhejiang XinAn Chemical Industrial Group Co Ltd net assets. 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. Also explore net asset momentum of Zhejiang XinAn Chemical Industrial Group to track the company's year-over-year net asset growth rate.
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 |
Net Assets of Zhejiang XinAn Chemical Industrial Group Co Ltd (1998–2024)
Net assets of Zhejiang XinAn Chemical Industrial Group Co Ltd from 1998 to 2024. This chart illustrates how Zhejiang XinAn Chemical Industrial Group Co Ltd's net assets have evolved over time, based on quarterly financial data. See Zhejiang XinAn Chemical Industrial Group (600596) net asset quality to measure how much of total assets are equity-financed.
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 market cap and overall valuation, see Zhejiang XinAn Chemical Industrial Group stock valuation.
| 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 |
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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.
Zhejiang XinAn Chemical Industrial Group Co Ltd Net Assets Breakdown (December 2024)
Zhejiang XinAn Chemical Industrial Group Co Ltd net assets breakdown by equity component as of 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 |
|---|---|
|
China-Singapore Suzhou Industrial Park Development Group Co Ltd
SHG:601512
|
$1.71 Billion |
|
Yifan Xinfu Pharmaceutical Co Ltd
SHE:002019
|
$1.71 Billion |
|
BioLife Solutions Inc
NASDAQ:BLFS
|
$1.71 Billion |
|
ADEIA CORP
NASDAQ:ADEA
|
$1.71 Billion |
|
Essity AB (publ)
ST:ESSITY-A
|
$1.71 Billion |
|
Asana Inc
NYSE:ASAN
|
$1.71 Billion |
|
Ivanhoe Electric Inc.
NYSE MKT:IE
|
$1.71 Billion |
|
Bank of Chongqing Co Ltd
F:CQN
|
$1.71 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: 0.89x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 27.54x to 0.89x 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¥8.65 | x |
| 1999-12-31 | CN¥0.36 | CN¥8.65 | x |
| 2000-12-31 | CN¥0.39 | CN¥8.65 | x |
| 2001-12-31 | CN¥0.98 | CN¥8.65 | x |
| 2002-12-31 | CN¥1.00 | CN¥8.65 | x |
| 2003-12-31 | CN¥1.08 | CN¥8.65 | x |
| 2004-12-31 | CN¥1.33 | CN¥8.65 | x |
| 2005-12-31 | CN¥1.65 | CN¥8.65 | x |
| 2006-12-31 | CN¥1.21 | CN¥8.65 | x |
| 2007-12-31 | CN¥1.65 | CN¥8.65 | x |
| 2008-12-31 | CN¥3.39 | CN¥8.65 | x |
| 2009-12-31 | CN¥4.15 | CN¥8.65 | x |
| 2010-12-31 | CN¥4.22 | CN¥8.65 | x |
| 2011-12-31 | CN¥4.15 | CN¥8.65 | x |
| 2012-12-31 | CN¥4.25 | CN¥8.65 | x |
| 2013-12-31 | CN¥4.61 | CN¥8.65 | x |
| 2014-12-31 | CN¥4.32 | CN¥8.65 | x |
| 2015-12-31 | CN¥4.14 | CN¥8.65 | x |
| 2016-12-31 | CN¥4.07 | CN¥8.65 | x |
| 2017-12-31 | CN¥4.61 | CN¥8.65 | x |
| 2018-12-31 | CN¥5.86 | CN¥8.65 | x |
| 2019-12-31 | CN¥5.21 | CN¥8.65 | x |
| 2020-12-31 | CN¥5.71 | CN¥8.65 | x |
| 2021-12-31 | CN¥7.79 | CN¥8.65 | x |
| 2022-12-31 | CN¥10.08 | CN¥8.65 | x |
| 2023-12-31 | CN¥10.85 | CN¥8.65 | x |
| 2024-12-31 | CN¥9.68 | CN¥8.65 | 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: $1,645,813,772
- Average return on equity (ROE) among peers: 8.86%
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 | $1.71 Billion |
| Hubei Yihua Chemical Industry Co Ltd (000422) | $2.07 Billion | 10.66% | 1.64x | $1.56 Billion |
| Nanjing Red Sun Co Ltd (000525) | $440.13 Million | 9.02% | 0.44x | $953.51 Million |
| ADAMA Ltd (000553) | $2.01 Billion | 18.41% | 0.49x | $1.47 Billion |
| Grand Industrial Holding Co Ltd (000626) | $2.61 Billion | -11.54% | 1.98x | $523.40 Million |
| Sichuan Meifeng Chemical Industry Co Ltd (000731) | $902.72 Million | 12.41% | 0.43x | $501.94 Million |
| Qinghai Salt Lake Industry Co.Ltd (000792) | $5.27 Billion | 38.73% | 2.82x | $17.93 Billion |
| Asia Potash International Investment Guangzhou Co Ltd (000893) | $330.55 Million | 1.85% | 1.50x | $4.96 Billion |
| Hubei Xinyangfeng Fertilizer Co Ltd (000902) | $505.67 Million | 0.43% | 0.95x | $2.73 Billion |
| Sichuan Lutianhua Co Ltd (000912) | $1.96 Billion | 5.29% | 0.74x | $766.36 Million |
| Guangxi Hechi Chemical Co Ltd (000953) | $360.37 Million | 3.35% | 1.61x | $259.84 Million |
About Zhejiang XinAn Chemical Industrial Group Co Ltd
Zhejiang Xinan Chemical Industrial Group Co.,Ltd develops, manufactures, and sells chemical products for plant protection in China and internationally. It provide crop protection system of seeds and seedlings, herbicides, insecticides, fungicides, crop nutrition and others products; silicon-based materials, such as industrial chain from mining and smelting upstream silicon, organic silicon monome… Read more