Shanghai Chlor-Alkali Chemical Co Ltd A

SHG:600618 China Chemicals
Market Cap
$1.53 Billion
CN¥11.22 Billion CNY
Market Cap Rank
#6419 Global
#977 in China
Share Price
CN¥14.96
Change (1 day)
-1.51%
52-Week Range
CN¥8.85 - CN¥17.70
All Time High
CN¥19.46
About

Shanghai Chlor-Alkali Chemical Co., Ltd. manufactures and sells chemical products in China and internationally. The company offers caustic soda, chlorine, and chlorine products, as well as polyvinyl chloride plastic resins and products. Shanghai Chlor-Alkali Chemical Co., Ltd. was founded in 1992 and is headquartered in Shanghai, China.

Shanghai Chlor-Alkali Chemical Co Ltd A (600618) - Net Assets

Latest net assets as of September 2025: CN¥9.06 Billion CNY

Based on the latest financial reports, Shanghai Chlor-Alkali Chemical Co Ltd A (600618) has net assets worth CN¥9.06 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¥13.80 Billion) and total liabilities (CN¥4.75 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¥9.06 Billion
% of Total Assets 65.62%
Annual Growth Rate 4.26%
5-Year Change 64.59%
10-Year Change 282.52%
Growth Volatility 14.26

Shanghai Chlor-Alkali Chemical Co Ltd A - Net Assets Trend (1992–2024)

This chart illustrates how Shanghai Chlor-Alkali Chemical Co Ltd A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Shanghai Chlor-Alkali Chemical Co Ltd A (1992–2024)

The table below shows the annual net assets of Shanghai Chlor-Alkali Chemical Co Ltd A from 1992 to 2024.

Year Net Assets Change
2024-12-31 CN¥8.68 Billion -0.60%
2023-12-31 CN¥8.74 Billion +5.47%
2022-12-31 CN¥8.28 Billion +16.59%
2021-12-31 CN¥7.10 Billion +34.65%
2020-12-31 CN¥5.28 Billion +13.34%
2019-12-31 CN¥4.65 Billion +19.03%
2018-12-31 CN¥3.91 Billion +34.13%
2017-12-31 CN¥2.92 Billion +50.18%
2016-12-31 CN¥1.94 Billion -14.48%
2015-12-31 CN¥2.27 Billion +0.61%
2014-12-31 CN¥2.26 Billion -23.30%
2013-12-31 CN¥2.94 Billion +1.13%
2012-12-31 CN¥2.91 Billion +5.84%
2011-12-31 CN¥2.75 Billion +9.24%
2010-12-31 CN¥2.52 Billion +6.77%
2009-12-31 CN¥2.36 Billion -13.97%
2008-12-31 CN¥2.74 Billion -7.43%
2007-12-31 CN¥2.96 Billion +7.31%
2006-12-31 CN¥2.76 Billion -7.56%
2005-12-31 CN¥2.98 Billion +0.09%
2004-12-31 CN¥2.98 Billion +1.62%
2003-12-31 CN¥2.93 Billion +1.37%
2002-12-31 CN¥2.89 Billion +1.83%
2001-12-31 CN¥2.84 Billion -7.96%
2000-12-31 CN¥3.09 Billion +2.46%
1999-12-31 CN¥3.01 Billion -1.56%
1998-12-31 CN¥3.06 Billion -0.29%
1997-12-31 CN¥3.07 Billion +6.45%
1996-12-31 CN¥2.88 Billion +6.34%
1995-12-31 CN¥2.71 Billion -0.23%
1994-12-31 CN¥2.72 Billion +12.69%
1993-12-31 CN¥2.41 Billion +5.50%
1992-12-31 CN¥2.29 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Shanghai Chlor-Alkali Chemical Co Ltd A'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 9320.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥5.20 Billion 59.82%
Common Stock CN¥1.16 Billion 13.31%
Other Components CN¥2.34 Billion 26.87%
Total Equity CN¥8.69 Billion 100.00%

Shanghai Chlor-Alkali Chemical Co Ltd A Competitors by Market Cap

The table below lists competitors of Shanghai Chlor-Alkali Chemical Co Ltd A ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Shanghai Chlor-Alkali Chemical Co Ltd A's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 8,128,830,209 to 8,691,248,994, a change of 562,418,785 (6.9%).
  • Net income of 787,385,774 contributed positively to equity growth.
  • Dividend payments of 265,817,391 reduced retained earnings.
  • Share repurchases of 685,082,000 reduced equity.
  • Other factors increased equity by 725,932,402.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥787.39 Million +9.06%
Dividends Paid CN¥265.82 Million -3.06%
Share Repurchases CN¥685.08 Million -7.88%
Other Changes CN¥725.93 Million +8.35%
Total Change CN¥- 6.92%

Book Value vs Market Value Analysis

This analysis compares Shanghai Chlor-Alkali Chemical Co Ltd A'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: 1.99x
  • 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 7.58x to 1.99x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1992-12-31 CN¥1.97 CN¥14.96 x
1993-12-31 CN¥2.08 CN¥14.96 x
1994-12-31 CN¥2.35 CN¥14.96 x
1995-12-31 CN¥2.34 CN¥14.96 x
1996-12-31 CN¥2.49 CN¥14.96 x
1997-12-31 CN¥2.64 CN¥14.96 x
1998-12-31 CN¥2.63 CN¥14.96 x
1999-12-31 CN¥2.59 CN¥14.96 x
2000-12-31 CN¥2.64 CN¥14.96 x
2001-12-31 CN¥2.42 CN¥14.96 x
2002-12-31 CN¥2.44 CN¥14.96 x
2003-12-31 CN¥2.47 CN¥14.96 x
2004-12-31 CN¥2.52 CN¥14.96 x
2005-12-31 CN¥2.53 CN¥14.96 x
2006-12-31 CN¥2.33 CN¥14.96 x
2007-12-31 CN¥2.50 CN¥14.96 x
2008-12-31 CN¥2.33 CN¥14.96 x
2009-12-31 CN¥1.99 CN¥14.96 x
2010-12-31 CN¥2.17 CN¥14.96 x
2011-12-31 CN¥2.36 CN¥14.96 x
2012-12-31 CN¥2.45 CN¥14.96 x
2013-12-31 CN¥2.47 CN¥14.96 x
2014-12-31 CN¥1.87 CN¥14.96 x
2015-12-31 CN¥1.96 CN¥14.96 x
2016-12-31 CN¥1.68 CN¥14.96 x
2017-12-31 CN¥2.52 CN¥14.96 x
2018-12-31 CN¥3.39 CN¥14.96 x
2019-12-31 CN¥4.02 CN¥14.96 x
2020-12-31 CN¥4.45 CN¥14.96 x
2021-12-31 CN¥5.94 CN¥14.96 x
2022-12-31 CN¥6.74 CN¥14.96 x
2023-12-31 CN¥7.03 CN¥14.96 x
2024-12-31 CN¥7.52 CN¥14.96 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shanghai Chlor-Alkali Chemical Co Ltd A 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): 9.06%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 9.62%
  • • Asset Turnover: 0.69x
  • • Equity Multiplier: 1.36x
  • Recent ROE (9.06%) is above the historical average (4.77%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1992 5.71% 20.40% 0.16x 1.76x CN¥-97.97 Million
1993 7.96% 13.75% 0.33x 1.77x CN¥-49.10 Million
1994 7.38% 11.23% 0.38x 1.72x CN¥-71.07 Million
1995 8.45% 9.63% 0.52x 1.70x CN¥-41.89 Million
1996 8.14% 10.45% 0.46x 1.68x CN¥-53.67 Million
1997 5.38% 7.31% 0.42x 1.74x CN¥-141.37 Million
1998 0.01% 0.02% 0.38x 1.74x CN¥-304.40 Million
1999 1.19% 1.61% 0.44x 1.67x CN¥-264.29 Million
2000 0.85% 0.88% 0.60x 1.61x CN¥-279.16 Million
2001 0.25% 0.26% 0.59x 1.64x CN¥-273.22 Million
2002 0.23% 0.20% 0.66x 1.69x CN¥-275.69 Million
2003 0.87% 0.64% 0.79x 1.72x CN¥-261.18 Million
2004 1.84% 1.08% 0.96x 1.77x CN¥-238.16 Million
2005 0.14% 0.10% 0.82x 1.73x CN¥-288.43 Million
2006 -6.69% -4.82% 0.74x 1.88x CN¥-449.00 Million
2007 1.92% 1.09% 0.76x 2.33x CN¥-234.06 Million
2008 0.40% 0.19% 0.84x 2.50x CN¥-258.04 Million
2009 -16.77% -7.87% 0.86x 2.48x CN¥-616.98 Million
2010 5.64% 2.46% 1.02x 2.24x CN¥-109.15 Million
2011 8.43% 3.99% 0.96x 2.20x CN¥-42.85 Million
2012 3.63% 1.62% 1.00x 2.24x CN¥-180.30 Million
2013 0.58% 0.24% 1.16x 2.10x CN¥-268.20 Million
2014 -27.37% -8.45% 1.22x 2.66x CN¥-808.97 Million
2015 4.23% 1.55% 1.27x 2.14x CN¥-130.54 Million
2016 -16.90% -4.86% 1.50x 2.31x CN¥-522.26 Million
2017 34.01% 13.74% 1.59x 1.56x CN¥700.76 Million
2018 26.90% 14.69% 1.42x 1.29x CN¥661.54 Million
2019 17.42% 12.55% 1.13x 1.23x CN¥345.50 Million
2020 11.80% 12.41% 0.79x 1.21x CN¥92.62 Million
2021 25.81% 26.59% 0.72x 1.35x CN¥1.09 Billion
2022 17.60% 21.53% 0.57x 1.43x CN¥591.61 Million
2023 9.36% 10.54% 0.59x 1.51x CN¥-52.37 Million
2024 9.06% 9.62% 0.69x 1.36x CN¥-81.74 Million

Industry Comparison

This section compares Shanghai Chlor-Alkali Chemical Co Ltd A's net assets metrics with peer companies in the Chemicals industry.

Industry Context

  • Industry: Chemicals
  • Average net assets among peers: $2,626,916,213
  • Average return on equity (ROE) among peers: 12.41%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shanghai Chlor-Alkali Chemical Co Ltd A (600618) CN¥9.06 Billion 5.71% 0.52x $1.26 Billion
North Huajin Chemical Industries Co Ltd (000059) $6.22 Billion 3.15% 2.45x $677.73 Million
Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) $1.22 Billion 8.90% 0.47x $2.89 Billion
Zangge Holding Co Ltd (000408) $13.85 Billion 18.63% 0.09x $11.87 Billion
Sichuan Jinlu Group Co Ltd (000510) $31.03 Million 11.65% 3.42x $1.15 Billion
Jilin Gpro Titanium Industry Co Ltd (000545) $258.76 Million 6.78% 0.30x $423.89 Million
Aoyuan Beauty Valley Technology Co Ltd (000615) $54.68 Million 39.27% 1.16x $225.85 Million
Ningxia Younglight Chemicals Co Ltd (000635) $184.46 Million 13.30% 2.58x $295.21 Million
Maoming Petro-Chemical Shihua Co Ltd (000637) $691.87 Million 1.61% 0.02x $187.22 Million
Shenyang Chemical Industry Co Ltd (000698) $3.01 Billion 7.14% 1.28x $240.44 Million
Hubei Shuanghuan Science and Technology Stock Co Ltd (000707) $759.12 Million 13.65% 0.22x $412.94 Million