Danhua Chemical Technology Co Ltd A

SHG:600844 China Chemicals
Market Cap
$467.59 Million
CN¥3.43 Billion CNY
Market Cap Rank
#12367 Global
#3045 in China
Share Price
CN¥4.17
Change (1 day)
+5.84%
52-Week Range
CN¥2.62 - CN¥4.17
All Time High
CN¥9.39
Categories
Companies in China Chemicals
About

Danhua Chemical Technology Co.,Ltd, together with its subsidiaries, engages in the production and sale of coal chemical products in China. The company's products include ethylene glycol and oxalic acid that are primarily used to manufacture polyester, polyester resin, desiccant, surfactant, plasticizer, synthetic fiber, cosmetics, and explosives. It also offers dehydrogenation catalysts, synthesi… Read more

Danhua Chemical Technology Co Ltd A (600844) - Net Assets

Latest net assets as of September 2025: CN¥269.97 Million CNY

Based on the latest financial reports, Danhua Chemical Technology Co Ltd A (600844) has net assets worth CN¥269.97 Million 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¥1.31 Billion) and total liabilities (CN¥1.04 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¥269.97 Million
% of Total Assets 20.61%
Annual Growth Rate 0.98%
5-Year Change -78.64%
10-Year Change -75.37%
Growth Volatility 92.76

Danhua Chemical Technology Co Ltd A - Net Assets Trend (1993–2024)

This chart illustrates how Danhua Chemical Technology 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 Danhua Chemical Technology Co Ltd A (1993–2024)

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

Year Net Assets Change
2024-12-31 CN¥381.22 Million -51.08%
2023-12-31 CN¥779.34 Million -39.28%
2022-12-31 CN¥1.28 Billion -23.13%
2021-12-31 CN¥1.67 Billion -6.48%
2020-12-31 CN¥1.79 Billion -20.77%
2019-12-31 CN¥2.25 Billion -18.28%
2018-12-31 CN¥2.76 Billion +0.41%
2017-12-31 CN¥2.75 Billion +14.87%
2016-12-31 CN¥2.39 Billion +54.44%
2015-12-31 CN¥1.55 Billion -3.08%
2014-12-31 CN¥1.60 Billion +2.92%
2013-12-31 CN¥1.55 Billion -16.01%
2012-12-31 CN¥1.85 Billion -1.45%
2011-12-31 CN¥1.87 Billion -17.08%
2010-12-31 CN¥2.26 Billion +5.60%
2009-12-31 CN¥2.14 Billion +477.77%
2008-12-31 CN¥370.56 Million +20.10%
2007-12-31 CN¥308.54 Million +129.73%
2006-12-31 CN¥134.30 Million +100.41%
2005-12-31 CN¥67.01 Million +51.13%
2004-12-31 CN¥44.34 Million -90.10%
2003-12-31 CN¥447.95 Million -9.85%
2002-12-31 CN¥496.90 Million -20.76%
2001-12-31 CN¥627.08 Million -7.29%
2000-12-31 CN¥676.39 Million +3.89%
1999-12-31 CN¥651.04 Million -1.70%
1998-12-31 CN¥662.30 Million +6.55%
1997-12-31 CN¥621.58 Million +52.38%
1996-12-31 CN¥407.92 Million +19.76%
1995-12-31 CN¥340.60 Million +2.28%
1994-12-31 CN¥333.00 Million +18.12%
1993-12-31 CN¥281.90 Million --

Equity Component Analysis

This analysis shows how different components contribute to Danhua Chemical Technology 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 decreased by 28122.3% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥1.02 Billion 443.83%
Other Components CN¥1.81 Billion 790.97%
Total Equity CN¥229.03 Million 100.00%

Danhua Chemical Technology Co Ltd A Competitors by Market Cap

The table below lists competitors of Danhua Chemical Technology Co Ltd A ranked by their market capitalization.

Company Market Cap
EPIC Suisse AG
SW:EPIC
 		$331.03 Million
NEWRON PHARMACEUT. EO-20
XETRA:NP5
 		$331.04 Million
FIREWEED METALS CORP.
F:M0G
 		$331.62 Million
Storytel AB (publ)
PINK:STRYF
 		$331.65 Million
Hollyland China Electronics Technology Corp Ltd
SHE:002729
 		$330.83 Million
Chongqing Water Group Co Ltd
SHG:601158
 		$330.74 Million
Relmada Therapeutics Inc
NASDAQ:RLMD
 		$330.73 Million
Galatasaray Sportif Sinai ve Ticari Yatirimlar AS
IS:GSRAY
 		$330.71 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 540,194,000 to 229,034,000, a change of -311,160,000 (-57.6%).
  • Net loss of 307,513,000 reduced equity.
  • Dividend payments of 8,290,000 reduced retained earnings.
  • Other comprehensive income decreased equity by 2,585,000.
  • Other factors increased equity by 7,228,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-307.51 Million -134.27%
Dividends Paid CN¥8.29 Million -3.62%
Other Comprehensive Income CN¥-2.58 Million -1.13%
Other Changes CN¥7.23 Million +3.16%
Total Change CN¥- -57.60%

Book Value vs Market Value Analysis

This analysis compares Danhua Chemical Technology 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: 18.51x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has increased from 11.51x to 18.51x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1993-12-31 CN¥0.36 CN¥4.17 x
1994-12-31 CN¥0.43 CN¥4.17 x
1995-12-31 CN¥0.44 CN¥4.17 x
1996-12-31 CN¥0.52 CN¥4.17 x
1997-12-31 CN¥0.79 CN¥4.17 x
1998-12-31 CN¥0.84 CN¥4.17 x
1999-12-31 CN¥0.83 CN¥4.17 x
2000-12-31 CN¥0.76 CN¥4.17 x
2001-12-31 CN¥0.78 CN¥4.17 x
2002-12-31 CN¥0.62 CN¥4.17 x
2003-12-31 CN¥0.57 CN¥4.17 x
2004-12-31 CN¥0.05 CN¥4.17 x
2005-12-31 CN¥0.10 CN¥4.17 x
2006-12-31 CN¥0.21 CN¥4.17 x
2007-12-31 CN¥0.34 CN¥4.17 x
2008-12-31 CN¥0.57 CN¥4.17 x
2009-12-31 CN¥1.81 CN¥4.17 x
2010-12-31 CN¥1.64 CN¥4.17 x
2011-12-31 CN¥1.26 CN¥4.17 x
2012-12-31 CN¥1.29 CN¥4.17 x
2013-12-31 CN¥1.07 CN¥4.17 x
2014-12-31 CN¥1.09 CN¥4.17 x
2015-12-31 CN¥1.05 CN¥4.17 x
2016-12-31 CN¥2.16 CN¥4.17 x
2017-12-31 CN¥2.09 CN¥4.17 x
2018-12-31 CN¥2.07 CN¥4.17 x
2019-12-31 CN¥1.66 CN¥4.17 x
2020-12-31 CN¥1.30 CN¥4.17 x
2021-12-31 CN¥1.21 CN¥4.17 x
2022-12-31 CN¥0.92 CN¥4.17 x
2023-12-31 CN¥0.53 CN¥4.17 x
2024-12-31 CN¥0.23 CN¥4.17 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Danhua Chemical Technology 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): -134.27%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -39.94%
  • • Asset Turnover: 0.60x
  • • Equity Multiplier: 5.56x
  • Recent ROE (-134.27%) is below the historical average (-35.93%), 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 15.32% 19.43% 0.47x 1.66x CN¥15.00 Million
1994 15.34% 20.66% 0.43x 1.73x CN¥17.80 Million
1995 16.60% 17.58% 0.50x 1.90x CN¥22.50 Million
1996 15.28% 15.31% 0.49x 2.04x CN¥21.52 Million
1997 8.99% 11.13% 0.42x 1.92x CN¥-6.25 Million
1998 6.59% 8.30% 0.37x 2.12x CN¥-22.37 Million
1999 2.03% 2.83% 0.28x 2.51x CN¥-51.58 Million
2000 -3.70% -5.03% 0.27x 2.73x CN¥-80.65 Million
2001 0.90% 2.02% 0.18x 2.54x CN¥-54.93 Million
2002 -25.20% -104.56% 0.07x 3.42x CN¥-170.78 Million
2003 -9.58% -24.68% 0.13x 2.93x CN¥-86.70 Million
2004 -921.57% -815.23% 0.08x 14.40x CN¥-397.57 Million
2005 3.50% 22.29% 0.03x 5.93x CN¥-5.22 Million
2006 32.29% 594.51% 0.01x 3.70x CN¥28.70 Million
2007 37.46% 17.51% 0.45x 4.74x CN¥56.55 Million
2008 4.87% 3.43% 0.52x 2.71x CN¥-17.74 Million
2009 -3.56% -17.08% 0.08x 2.74x CN¥-170.86 Million
2010 1.07% 4.40% 0.08x 3.13x CN¥-113.75 Million
2011 -30.08% -52.84% 0.14x 4.04x CN¥-392.31 Million
2012 2.76% 2.52% 0.29x 3.72x CN¥-72.92 Million
2013 -20.94% -23.43% 0.21x 4.30x CN¥-257.45 Million
2014 2.05% 1.70% 0.31x 3.85x CN¥-67.52 Million
2015 -3.75% -2.93% 0.34x 3.74x CN¥-112.55 Million
2016 -8.85% -23.08% 0.22x 1.78x CN¥-349.93 Million
2017 12.54% 19.99% 0.35x 1.79x CN¥53.85 Million
2018 0.10% 0.14% 0.42x 1.60x CN¥-210.38 Million
2019 -25.59% -35.20% 0.41x 1.77x CN¥-601.95 Million
2020 -27.68% -34.14% 0.41x 1.96x CN¥-499.81 Million
2021 -8.44% -9.57% 0.48x 1.83x CN¥-227.37 Million
2022 -31.38% -31.37% 0.50x 1.99x CN¥-386.36 Million
2023 -72.74% -45.64% 0.59x 2.71x CN¥-446.97 Million
2024 -134.27% -39.94% 0.60x 5.56x CN¥-330.42 Million

Industry Comparison

This section compares Danhua Chemical Technology 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
Danhua Chemical Technology Co Ltd A (600844) CN¥269.97 Million 15.32% 3.85x $330.83 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