Danhua Chemical Technology Co Ltd A (600844) - Net Assets
Based on the latest financial reports, Danhua Chemical Technology Co Ltd A (600844) has net assets worth CN¥159.74 Million CNY (≈ $23.38 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.30 Billion ≈ $189.76 Million USD) and total liabilities (CN¥1.14 Billion ≈ $166.39 Million 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. Check 600844 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥159.74 Million |
| % of Total Assets | 12.32% |
| Annual Growth Rate | -1.52% |
| 5-Year Change | -89.64% |
| 10-Year Change | -92.77% |
| Growth Volatility | 92.23 |
Danhua Chemical Technology Co Ltd A - Net Assets Trend (1993–2025)
This chart illustrates how Danhua Chemical Technology Co Ltd A's net assets have evolved over time, based on quarterly financial data. See Danhua Chemical Technology Co Ltd A liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Danhua Chemical Technology Co Ltd A (1993–2025)
The table below shows the annual net assets of Danhua Chemical Technology Co Ltd A from 1993 to 2025. For live valuation and market cap data, see market cap of Danhua Chemical Technology Co Ltd A.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥172.90 Million ≈ $25.30 Million |
-54.65% |
| 2024-12-31 | CN¥381.22 Million ≈ $55.78 Million |
-51.08% |
| 2023-12-31 | CN¥779.34 Million ≈ $114.04 Million |
-39.28% |
| 2022-12-31 | CN¥1.28 Billion ≈ $187.80 Million |
-23.13% |
| 2021-12-31 | CN¥1.67 Billion ≈ $244.31 Million |
-6.48% |
| 2020-12-31 | CN¥1.79 Billion ≈ $261.22 Million |
-20.77% |
| 2019-12-31 | CN¥2.25 Billion ≈ $329.69 Million |
-18.28% |
| 2018-12-31 | CN¥2.76 Billion ≈ $403.47 Million |
+0.41% |
| 2017-12-31 | CN¥2.75 Billion ≈ $401.82 Million |
+14.87% |
| 2016-12-31 | CN¥2.39 Billion ≈ $349.80 Million |
+54.44% |
| 2015-12-31 | CN¥1.55 Billion ≈ $226.50 Million |
-3.08% |
| 2014-12-31 | CN¥1.60 Billion ≈ $233.70 Million |
+2.92% |
| 2013-12-31 | CN¥1.55 Billion ≈ $227.07 Million |
-16.01% |
| 2012-12-31 | CN¥1.85 Billion ≈ $270.35 Million |
-1.45% |
| 2011-12-31 | CN¥1.87 Billion ≈ $274.32 Million |
-17.08% |
| 2010-12-31 | CN¥2.26 Billion ≈ $330.84 Million |
+5.60% |
| 2009-12-31 | CN¥2.14 Billion ≈ $313.29 Million |
+477.77% |
| 2008-12-31 | CN¥370.56 Million ≈ $54.22 Million |
+20.10% |
| 2007-12-31 | CN¥308.54 Million ≈ $45.15 Million |
+129.73% |
| 2006-12-31 | CN¥134.30 Million ≈ $19.65 Million |
+100.41% |
| 2005-12-31 | CN¥67.01 Million ≈ $9.81 Million |
+51.13% |
| 2004-12-31 | CN¥44.34 Million ≈ $6.49 Million |
-90.10% |
| 2003-12-31 | CN¥447.95 Million ≈ $65.55 Million |
-9.85% |
| 2002-12-31 | CN¥496.90 Million ≈ $72.71 Million |
-20.76% |
| 2001-12-31 | CN¥627.08 Million ≈ $91.76 Million |
-7.29% |
| 2000-12-31 | CN¥676.39 Million ≈ $98.98 Million |
+3.89% |
| 1999-12-31 | CN¥651.04 Million ≈ $95.27 Million |
-1.70% |
| 1998-12-31 | CN¥662.30 Million ≈ $96.91 Million |
+6.55% |
| 1997-12-31 | CN¥621.58 Million ≈ $90.96 Million |
+52.38% |
| 1996-12-31 | CN¥407.92 Million ≈ $59.69 Million |
+19.76% |
| 1995-12-31 | CN¥340.60 Million ≈ $49.84 Million |
+2.28% |
| 1994-12-31 | CN¥333.00 Million ≈ $48.73 Million |
+18.12% |
| 1993-12-31 | CN¥281.90 Million ≈ $41.25 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 29906.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥2.83 Billion | 4437.43% |
| Total Equity | CN¥63.74 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 |
|---|---|
|
K&F Growth Acquisition Corp. II Class A Ordinary shares
NASDAQ:KFII
|
$313.05 Million |
|
Deceuninck
BR:DECB
|
$313.07 Million |
|
Shanxi Tond Chemical Co Ltd
SHE:002360
|
$313.36 Million |
|
Mesabi Trust
NYSE:MSB
|
$313.44 Million |
|
Berjaya Land Bhd
KLSE:4219
|
$312.99 Million |
|
Handsome
KO:020000
|
$312.93 Million |
|
Jiangsu Safety Wire Rope
SHG:603028
|
$312.92 Million |
|
B&G Foods Inc
NYSE:BGS
|
$312.80 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 2024 to 2025, total equity changed from 229,034,000 to 63,737,344, a change of -165,296,656 (-72.2%).
- Net loss of 169,400,810 reduced equity.
- Dividend payments of 4,586,985 reduced retained earnings.
- Other factors increased equity by 8,691,140.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-169.40 Million | -265.78% |
| Dividends Paid | CN¥4.59 Million | -7.2% |
| Other Changes | CN¥8.69 Million | +13.64% |
| Total Change | CN¥- | -72.17% |
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: 41.47x
- 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 7.18x to 41.47x 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¥2.60 | x |
| 1994-12-31 | CN¥0.43 | CN¥2.60 | x |
| 1995-12-31 | CN¥0.44 | CN¥2.60 | x |
| 1996-12-31 | CN¥0.52 | CN¥2.60 | x |
| 1997-12-31 | CN¥0.79 | CN¥2.60 | x |
| 1998-12-31 | CN¥0.84 | CN¥2.60 | x |
| 1999-12-31 | CN¥0.83 | CN¥2.60 | x |
| 2000-12-31 | CN¥0.76 | CN¥2.60 | x |
| 2001-12-31 | CN¥0.78 | CN¥2.60 | x |
| 2002-12-31 | CN¥0.62 | CN¥2.60 | x |
| 2003-12-31 | CN¥0.57 | CN¥2.60 | x |
| 2004-12-31 | CN¥0.05 | CN¥2.60 | x |
| 2005-12-31 | CN¥0.10 | CN¥2.60 | x |
| 2006-12-31 | CN¥0.21 | CN¥2.60 | x |
| 2007-12-31 | CN¥0.34 | CN¥2.60 | x |
| 2008-12-31 | CN¥0.57 | CN¥2.60 | x |
| 2009-12-31 | CN¥1.81 | CN¥2.60 | x |
| 2010-12-31 | CN¥1.64 | CN¥2.60 | x |
| 2011-12-31 | CN¥1.26 | CN¥2.60 | x |
| 2012-12-31 | CN¥1.29 | CN¥2.60 | x |
| 2013-12-31 | CN¥1.07 | CN¥2.60 | x |
| 2014-12-31 | CN¥1.09 | CN¥2.60 | x |
| 2015-12-31 | CN¥1.05 | CN¥2.60 | x |
| 2016-12-31 | CN¥2.16 | CN¥2.60 | x |
| 2017-12-31 | CN¥2.09 | CN¥2.60 | x |
| 2018-12-31 | CN¥2.07 | CN¥2.60 | x |
| 2019-12-31 | CN¥1.66 | CN¥2.60 | x |
| 2020-12-31 | CN¥1.30 | CN¥2.60 | x |
| 2021-12-31 | CN¥1.21 | CN¥2.60 | x |
| 2022-12-31 | CN¥0.92 | CN¥2.60 | x |
| 2023-12-31 | CN¥0.53 | CN¥2.60 | x |
| 2024-12-31 | CN¥0.23 | CN¥2.60 | x |
| 2025-12-31 | CN¥0.06 | CN¥2.60 | 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): -265.78%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -20.51%
- • Asset Turnover: 0.62x
- • Equity Multiplier: 20.89x
- Recent ROE (-265.78%) is below the historical average (-42.89%), 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¥-67.51 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 |
| 2025 | -265.78% | -20.51% | 0.62x | 20.89x | CN¥-175.77 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: $4,238,970,200
- Average return on equity (ROE) among peers: 9.03%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Danhua Chemical Technology Co Ltd A (600844) | CN¥159.74 Million | 15.32% | 7.12x | $313.02 Million |
| North Huajin Chemical Industries Co Ltd (000059) | $14.98 Billion | 0.47% | 1.13x | $940.88 Million |
| Sichuan Chemical Co Ltd (000155) | $505.75 Million | 22.40% | 1.18x | $3.48 Billion |
| Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) | $2.69 Billion | 5.91% | 0.33x | $11.21 Billion |
| Zangge Holding Co Ltd (000408) | $6.53 Billion | 18.58% | 0.19x | $17.56 Billion |
| Sichuan Jinlu Group Co Ltd (000510) | $754.79 Million | 9.90% | 0.56x | $2.10 Billion |
| Jilin Gpro Titanium Industry Co Ltd (000545) | $2.05 Billion | 4.97% | 0.52x | $348.02 Million |
| Aoyuan Beauty Valley Technology Co Ltd (000615) | $674.19 Million | 1.08% | 0.85x | $891.94 Million |
| Ningxia Younglight Chemicals Co Ltd (000635) | $2.90 Billion | 3.79% | 0.15x | $376.61 Million |
| Maoming Petro-Chemical Shihua Co Ltd (000637) | $771.01 Million | 16.41% | 0.10x | $286.04 Million |
| Inner Mongolia Yuan Xing Energy Co Ltd (000683) | $10.53 Billion | 6.76% | 1.09x | $3.42 Billion |
About Danhua Chemical Technology Co Ltd A
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