Yangmei Chemical Co Ltd

SHG:600691 China Chemicals
Market Cap
$1.43 Billion
CN¥10.53 Billion CNY
Market Cap Rank
#8709 Global
#1685 in China
Share Price
CN¥4.43
Change (1 day)
+9.93%
52-Week Range
CN¥1.90 - CN¥4.43
All Time High
CN¥7.86
Categories
Companies in China Chemicals
About

Yangmei Chemical Co.,Ltd., together with its subsidiaries, engages in the research, development, production, and sale of coal chemical products and chemical equipment in China. The company offers urea, polyvinyl chloride, propylene, ion membrane caustic soda, phosphorus trichloride, hydrogen peroxide, and others for use in the agriculture and chemical industries. It is also involved in the design… Read more

Yangmei Chemical Co Ltd (600691) - Net Assets

Latest net assets as of September 2025: CN¥3.87 Billion CNY

Based on the latest financial reports, Yangmei Chemical Co Ltd (600691) has net assets worth CN¥3.87 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¥16.28 Billion) and total liabilities (CN¥12.42 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¥3.87 Billion
% of Total Assets 23.75%
Annual Growth Rate 11.83%
5-Year Change -41.07%
10-Year Change -40.59%
Growth Volatility 167.23

Yangmei Chemical Co Ltd - Net Assets Trend (1993–2024)

This chart illustrates how Yangmei 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 Yangmei Chemical Co Ltd (1993–2024)

The table below shows the annual net assets of Yangmei Chemical Co Ltd from 1993 to 2024.

Year Net Assets Change
2024-12-31 CN¥3.74 Billion -16.73%
2023-12-31 CN¥4.49 Billion -33.59%
2022-12-31 CN¥6.77 Billion -0.95%
2021-12-31 CN¥6.83 Billion +7.58%
2020-12-31 CN¥6.35 Billion -8.70%
2019-12-31 CN¥6.95 Billion -9.17%
2018-12-31 CN¥7.66 Billion +34.76%
2017-12-31 CN¥5.68 Billion +9.46%
2016-12-31 CN¥5.19 Billion -17.58%
2015-12-31 CN¥6.30 Billion +1.13%
2014-12-31 CN¥6.23 Billion -1.67%
2013-12-31 CN¥6.33 Billion -1.26%
2012-12-31 CN¥6.41 Billion +4.51%
2011-12-31 CN¥6.14 Billion +5043.21%
2010-12-31 CN¥-124.16 Million +2.15%
2009-12-31 CN¥-126.89 Million -511.81%
2008-12-31 CN¥-20.74 Million -825.03%
2007-12-31 CN¥2.86 Million +112.64%
2006-12-31 CN¥-22.63 Million -331.87%
2005-12-31 CN¥9.76 Million -71.80%
2004-12-31 CN¥34.60 Million +90.39%
2003-12-31 CN¥18.18 Million -77.83%
2002-12-31 CN¥81.97 Million -11.89%
2001-12-31 CN¥93.02 Million -7.79%
2000-12-31 CN¥100.88 Million -10.27%
1999-12-31 CN¥112.43 Million +3.09%
1998-12-31 CN¥109.06 Million -32.17%
1997-12-31 CN¥160.78 Million +0.96%
1996-12-31 CN¥159.25 Million +9.07%
1995-12-31 CN¥146.01 Million +9.93%
1994-12-31 CN¥132.81 Million +13.59%
1993-12-31 CN¥116.93 Million --

Equity Component Analysis

This analysis shows how different components contribute to Yangmei 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 decreased by 17498.7% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥2.38 Billion 59.79%
Other Comprehensive Income CN¥31.42 Million 0.79%
Other Components CN¥4.39 Billion 110.60%
Total Equity CN¥3.97 Billion 100.00%

Yangmei Chemical Co Ltd Competitors by Market Cap

The table below lists competitors of Yangmei Chemical Co Ltd ranked by their market capitalization.

Company Market Cap
Guangdong Ellington Electronics Technology Co Ltd
SHG:603328
 		$706.66 Million
SoftwareONE Holding AG
PINK:SWONF
 		$706.77 Million
V-Guard Industries Limited
NSE:VGUARD
 		$706.78 Million
Laurentian Bank of Canada
PINK:LRCDF
 		$706.84 Million
Ningbo Yongxin Optics Co Ltd
SHG:603297
 		$706.38 Million
Shenzhen Sunshine Laser & Electronics Technology Co Ltd
SHE:300227
 		$706.27 Million
Sany Heavy Equipment International Holdings Company Limited
PINK:SNYYF
 		$706.22 Million
GUANGDONG HUICHENG
SHE:301392
 		$705.87 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 4,646,293,000 to 3,973,841,000, a change of -672,452,000 (-14.5%).
  • Net loss of 680,723,000 reduced equity.
  • Dividend payments of 280,810,000 reduced retained earnings.
  • Other comprehensive income increased equity by 20,362,711.
  • Other factors increased equity by 268,718,289.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-680.72 Million -17.13%
Dividends Paid CN¥280.81 Million -7.07%
Other Comprehensive Income CN¥20.36 Million +0.51%
Other Changes CN¥268.72 Million +6.76%
Total Change CN¥- -14.47%

Book Value vs Market Value Analysis

This analysis compares Yangmei 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: 2.65x
  • 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 14.31x to 2.65x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1993-12-31 CN¥0.31 CN¥4.43 x
1994-12-31 CN¥0.35 CN¥4.43 x
1995-12-31 CN¥0.39 CN¥4.43 x
1996-12-31 CN¥0.42 CN¥4.43 x
1997-12-31 CN¥0.40 CN¥4.43 x
1998-12-31 CN¥0.28 CN¥4.43 x
1999-12-31 CN¥0.30 CN¥4.43 x
2000-12-31 CN¥0.24 CN¥4.43 x
2001-12-31 CN¥0.24 CN¥4.43 x
2002-12-31 CN¥0.22 CN¥4.43 x
2003-12-31 CN¥0.05 CN¥4.43 x
2004-12-31 CN¥0.09 CN¥4.43 x
2005-12-31 CN¥0.03 CN¥4.43 x
2006-12-31 CN¥-0.09 CN¥4.43 x
2007-12-31 CN¥0.01 CN¥4.43 x
2008-12-31 CN¥-0.05 CN¥4.43 x
2009-12-31 CN¥-0.34 CN¥4.43 x
2010-12-31 CN¥-0.33 CN¥4.43 x
2011-12-31 CN¥9.24 CN¥4.43 x
2012-12-31 CN¥3.40 CN¥4.43 x
2013-12-31 CN¥2.76 CN¥4.43 x
2014-12-31 CN¥2.59 CN¥4.43 x
2015-12-31 CN¥2.62 CN¥4.43 x
2016-12-31 CN¥2.10 CN¥4.43 x
2017-12-31 CN¥2.88 CN¥4.43 x
2018-12-31 CN¥3.38 CN¥4.43 x
2019-12-31 CN¥2.28 CN¥4.43 x
2020-12-31 CN¥2.33 CN¥4.43 x
2021-12-31 CN¥2.51 CN¥4.43 x
2022-12-31 CN¥2.53 CN¥4.43 x
2023-12-31 CN¥1.96 CN¥4.43 x
2024-12-31 CN¥1.67 CN¥4.43 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Yangmei 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): -17.13%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -6.25%
  • • Asset Turnover: 0.55x
  • • Equity Multiplier: 4.99x
  • Recent ROE (-17.13%) is below the historical average (6.16%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1993 16.36% 16.40% 0.55x 1.80x CN¥7.43 Million
1994 17.49% 26.70% 0.38x 1.72x CN¥9.95 Million
1995 2.29% 5.47% 0.23x 1.82x CN¥-11.26 Million
1996 0.23% 0.67% 0.20x 1.74x CN¥-15.56 Million
1997 -3.97% -9.14% 0.23x 1.89x CN¥-21.05 Million
1998 -43.59% -81.45% 0.22x 2.46x CN¥-56.23 Million
1999 4.08% 7.41% 0.25x 2.24x CN¥-6.65 Million
2000 -12.72% -18.39% 0.26x 2.69x CN¥-20.63 Million
2001 1.83% 2.69% 0.26x 2.59x CN¥-7.31 Million
2002 -14.34% -24.39% 0.21x 2.79x CN¥-19.95 Million
2003 -362.33% -111.73% 0.19x 17.19x CN¥-67.20 Million
2004 8.16% 5.56% 0.16x 9.18x CN¥-634.15K
2005 -256.82% -59.57% 0.14x 31.24x CN¥-25.83 Million
2006 0.00% -70.00% 0.17x 0.00x CN¥-30.26 Million
2007 893.49% 64.26% 0.28x 50.28x CN¥25.27 Million
2008 0.00% -68.04% 0.25x 0.00x CN¥-21.53 Million
2009 0.00% -364.02% 0.32x 0.00x CN¥-93.46 Million
2010 0.00% 8.86% 0.29x 0.00x CN¥15.15 Million
2011 5.95% 637.96% 0.00x 5.01x CN¥-141.12 Million
2012 4.64% 1.19% 0.79x 4.88x CN¥-243.17 Million
2013 -0.06% -0.01% 1.00x 4.87x CN¥-519.31 Million
2014 -0.67% -0.15% 0.57x 7.63x CN¥-485.22 Million
2015 0.94% 0.24% 0.46x 8.49x CN¥-416.12 Million
2016 -24.59% -5.48% 0.41x 11.08x CN¥-1.28 Billion
2017 4.15% 1.03% 0.48x 8.29x CN¥-295.77 Million
2018 2.17% 0.59% 0.52x 7.00x CN¥-464.29 Million
2019 -9.69% -2.92% 0.42x 7.83x CN¥-1.07 Billion
2020 2.33% 0.72% 0.74x 4.38x CN¥-424.35 Million
2021 7.23% 2.30% 0.77x 4.09x CN¥-165.01 Million
2022 1.17% 0.41% 0.69x 4.12x CN¥-530.59 Million
2023 -29.39% -10.03% 0.60x 4.85x CN¥-1.83 Billion
2024 -17.13% -6.25% 0.55x 4.99x CN¥-1.08 Billion

Industry Comparison

This section compares Yangmei Chemical Co Ltd'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
Yangmei Chemical Co Ltd (600691) CN¥3.87 Billion 16.36% 3.21x $706.47 Million
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