Jiangsu SOPO Chemical Co Ltd

SHG:600746 China Chemicals
Market Cap
$1.47 Billion
CN¥10.81 Billion CNY
Market Cap Rank
#9603 Global
#2015 in China
Share Price
CN¥9.26
Change (1 day)
+9.98%
52-Week Range
CN¥6.67 - CN¥9.95
All Time High
CN¥22.37
About

Jiangsu SOPO Chemical Co. Ltd. engages in the manufacture and sale of chemical products in China and internationally. The company offers acetic acid and its derivatives for use in dyes, printing and dyeing, film, and solvents, as well as to produce PTA, acetate, vinyl acetate, acetic anhydride, etc.; ADC foaming agents for use in plastic, rubber foam, wallpaper, and artificial leather application… Read more

Jiangsu SOPO Chemical Co Ltd (600746) - Net Assets

Latest net assets as of September 2025: CN¥5.45 Billion CNY

Based on the latest financial reports, Jiangsu SOPO Chemical Co Ltd (600746) has net assets worth CN¥5.45 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¥6.82 Billion) and total liabilities (CN¥1.37 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¥5.45 Billion
% of Total Assets 79.96%
Annual Growth Rate 18.47%
5-Year Change 82.75%
10-Year Change 1191.02%
Growth Volatility 81.37

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

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

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

Year Net Assets Change
2024-12-31 CN¥5.39 Billion +2.31%
2023-12-31 CN¥5.26 Billion -3.92%
2022-12-31 CN¥5.48 Billion -10.86%
2021-12-31 CN¥6.15 Billion +108.57%
2020-12-31 CN¥2.95 Billion +20.90%
2019-12-31 CN¥2.44 Billion +418.50%
2018-12-31 CN¥470.18 Million -6.59%
2017-12-31 CN¥503.37 Million +14.66%
2016-12-31 CN¥439.00 Million +5.22%
2015-12-31 CN¥417.22 Million -4.62%
2014-12-31 CN¥437.45 Million +0.45%
2013-12-31 CN¥435.48 Million +6.90%
2012-12-31 CN¥407.38 Million -9.02%
2011-12-31 CN¥447.78 Million +5.24%
2010-12-31 CN¥425.49 Million +3.60%
2009-12-31 CN¥410.70 Million +7.01%
2008-12-31 CN¥383.80 Million -6.17%
2007-12-31 CN¥409.02 Million +4.30%
2006-12-31 CN¥392.15 Million +4.45%
2005-12-31 CN¥375.43 Million +5.73%
2004-12-31 CN¥355.08 Million +0.75%
2003-12-31 CN¥352.44 Million -5.17%
2002-12-31 CN¥371.65 Million -8.33%
2001-12-31 CN¥405.41 Million +8.34%
2000-12-31 CN¥374.20 Million +65.04%
1999-12-31 CN¥226.73 Million +7.10%
1998-12-31 CN¥211.69 Million +9.70%
1997-12-31 CN¥192.97 Million +12.39%
1996-12-31 CN¥171.70 Million +180.28%
1995-12-31 CN¥61.26 Million +91.29%
1994-12-31 CN¥32.03 Million +13.89%
1993-12-31 CN¥28.12 Million --

Equity Component Analysis

This analysis shows how different components contribute to Jiangsu SOPO 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 grown by 154695216400.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥1.55 Billion 28.69%
Common Stock CN¥1.17 Billion 21.68%
Other Comprehensive Income CN¥411.20 Million 7.63%
Other Components CN¥2.26 Billion 42.00%
Total Equity CN¥5.39 Billion 100.00%

Jiangsu SOPO Chemical Co Ltd Competitors by Market Cap

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

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 5,276,380,533 to 5,386,439,499, a change of 110,058,966 (2.1%).
  • Net income of 212,741,993 contributed positively to equity growth.
  • Dividend payments of 6,769,777 reduced retained earnings.
  • Share repurchases of 86,747,599 reduced equity.
  • Other comprehensive income increased equity by 410,508,197.
  • Other factors decreased equity by 419,673,848.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥212.74 Million +3.95%
Dividends Paid CN¥6.77 Million -0.13%
Share Repurchases CN¥86.75 Million -1.61%
Other Comprehensive Income CN¥410.51 Million +7.62%
Other Changes CN¥-419.67 Million -7.79%
Total Change CN¥- 2.09%

Book Value vs Market Value Analysis

This analysis compares Jiangsu SOPO 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: 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 101.10x 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
1993-12-31 CN¥0.09 CN¥9.26 x
1994-12-31 CN¥0.10 CN¥9.26 x
1995-12-31 CN¥0.20 CN¥9.26 x
1996-12-31 CN¥0.56 CN¥9.26 x
1997-12-31 CN¥0.63 CN¥9.26 x
1998-12-31 CN¥0.69 CN¥9.26 x
1999-12-31 CN¥0.74 CN¥9.26 x
2000-12-31 CN¥1.14 CN¥9.26 x
2001-12-31 CN¥1.20 CN¥9.26 x
2002-12-31 CN¥1.09 CN¥9.26 x
2003-12-31 CN¥1.10 CN¥9.26 x
2004-12-31 CN¥1.15 CN¥9.26 x
2005-12-31 CN¥1.21 CN¥9.26 x
2006-12-31 CN¥1.27 CN¥9.26 x
2007-12-31 CN¥1.33 CN¥9.26 x
2008-12-31 CN¥1.25 CN¥9.26 x
2009-12-31 CN¥1.34 CN¥9.26 x
2010-12-31 CN¥1.39 CN¥9.26 x
2011-12-31 CN¥1.46 CN¥9.26 x
2012-12-31 CN¥1.33 CN¥9.26 x
2013-12-31 CN¥1.42 CN¥9.26 x
2014-12-31 CN¥1.43 CN¥9.26 x
2015-12-31 CN¥1.36 CN¥9.26 x
2016-12-31 CN¥1.43 CN¥9.26 x
2017-12-31 CN¥1.64 CN¥9.26 x
2018-12-31 CN¥1.54 CN¥9.26 x
2019-12-31 CN¥7.95 CN¥9.26 x
2020-12-31 CN¥2.86 CN¥9.26 x
2021-12-31 CN¥5.40 CN¥9.26 x
2022-12-31 CN¥4.69 CN¥9.26 x
2023-12-31 CN¥4.52 CN¥9.26 x
2024-12-31 CN¥4.66 CN¥9.26 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Jiangsu SOPO 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): 3.95%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 3.32%
  • • Asset Turnover: 0.91x
  • • Equity Multiplier: 1.31x
  • Recent ROE (3.95%) is below the historical average (5.84%), 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 10.47% 2.50% 1.30x 3.22x CN¥132.90K
1994 12.23% 3.25% 1.14x 3.32x CN¥713.40K
1995 16.90% 6.05% 1.37x 2.04x CN¥4.23 Million
1996 14.44% 11.88% 0.87x 1.39x CN¥7.62 Million
1997 10.99% 10.26% 0.84x 1.27x CN¥1.92 Million
1998 12.01% 12.00% 0.77x 1.31x CN¥4.25 Million
1999 8.25% 9.16% 0.66x 1.36x CN¥-3.97 Million
2000 10.57% 14.88% 0.46x 1.54x CN¥2.00 Million
2001 6.52% 9.46% 0.44x 1.57x CN¥-12.82 Million
2002 -9.83% -12.78% 0.46x 1.65x CN¥-66.66 Million
2003 3.47% 3.81% 0.33x 2.74x CN¥-22.03 Million
2004 0.68% 0.60% 0.47x 2.38x CN¥-32.80 Million
2005 2.12% 1.66% 0.57x 2.24x CN¥-29.35 Million
2006 1.86% 1.41% 0.88x 1.50x CN¥-31.70 Million
2007 3.56% 1.95% 1.22x 1.49x CN¥-26.18 Million
2008 -5.91% -2.89% 1.39x 1.47x CN¥-61.07 Million
2009 5.83% 3.31% 1.37x 1.28x CN¥-17.12 Million
2010 3.52% 1.91% 1.05x 1.76x CN¥-27.60 Million
2011 4.50% 2.26% 1.10x 1.81x CN¥-24.65 Million
2012 -10.03% -5.52% 1.03x 1.76x CN¥-81.60 Million
2013 6.45% 3.81% 1.18x 1.43x CN¥-15.47 Million
2014 2.39% 1.60% 1.17x 1.28x CN¥-33.28 Million
2015 -4.87% -3.50% 1.12x 1.24x CN¥-62.03 Million
2016 4.96% 3.49% 0.98x 1.45x CN¥-22.12 Million
2017 14.91% 9.65% 1.20x 1.29x CN¥24.69 Million
2018 0.76% 0.76% 0.89x 1.13x CN¥-43.43 Million
2019 -0.23% -0.95% 0.17x 1.47x CN¥-249.42 Million
2020 7.85% 6.09% 1.06x 1.21x CN¥-63.43 Million
2021 39.07% 30.01% 1.13x 1.15x CN¥1.79 Billion
2022 9.22% 7.04% 1.16x 1.13x CN¥-42.84 Million
2023 0.36% 0.35% 0.83x 1.23x CN¥-508.80 Million
2024 3.95% 3.32% 0.91x 1.31x CN¥-325.90 Million

Industry Comparison

This section compares Jiangsu SOPO Chemical Co Ltd's net assets metrics with peer companies in the Chemicals industry.

Industry Context

  • Industry: Chemicals
  • Average net assets among peers: $3,426,439,570
  • Average return on equity (ROE) among peers: 7.28%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Jiangsu SOPO Chemical Co Ltd (600746) CN¥5.45 Billion 10.47% 0.25x $572.71 Million
North Huajin Chemical Industries Co Ltd (000059) $14.88 Billion 6.33% 1.16x $685.81 Million
Sichuan Chemical Co Ltd (000155) $10.05 Billion 7.93% 1.17x $2.22 Billion
Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) $2.47 Billion 6.91% 0.55x $2.91 Billion
Zangge Holding Co Ltd (000408) $477.67 Million 1.53% 1.45x $11.89 Billion
Sichuan Jinlu Group Co Ltd (000510) $754.79 Million 9.90% 0.56x $1.16 Billion
Jilin Gpro Titanium Industry Co Ltd (000545) $308.01 Million 5.65% 0.37x $437.84 Million
Aoyuan Beauty Valley Technology Co Ltd (000615) $560.43 Million 4.68% 0.78x $227.24 Million
Ningxia Younglight Chemicals Co Ltd (000635) $2.77 Billion 1.89% 0.12x $300.74 Million
Maoming Petro-Chemical Shihua Co Ltd (000637) $1.17 Billion 7.04% 1.48x $190.70 Million
Inner Mongolia Yuan Xing Energy Co Ltd (000683) $826.34 Million 20.99% 1.92x $3.00 Billion