MeiHua Holdings Group Co Ltd

SHG:600873 China Specialty Chemicals
Market Cap
$4.90 Billion
CN¥35.92 Billion CNY
Market Cap Rank
#4061 Global
#381 in China
Share Price
CN¥12.81
Change (1 day)
+0.87%
52-Week Range
CN¥9.95 - CN¥12.81
All Time High
CN¥12.81
Categories
Companies in China Specialty Chemicals
About

MeiHua Holdings Group Co.,Ltd, together with its subsidiaries, manufactures nutritional products and solutions in China and internationally. The company offers amino acids; l-threonine and l-lysine for livestock; umami agents comprising monosodium glutamate and I+G; food ingredients consisting of l-glutamine, l-proline, l-valine, isoleucine, adenosine, guanosine, and inosine; and colloids and pol… Read more

MeiHua Holdings Group Co Ltd (600873) - Net Assets

Latest net assets as of September 2025: CN¥16.12 Billion CNY

Based on the latest financial reports, MeiHua Holdings Group Co Ltd (600873) has net assets worth CN¥16.12 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¥25.99 Billion) and total liabilities (CN¥9.88 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¥16.12 Billion
% of Total Assets 62.0%
Annual Growth Rate 15.57%
5-Year Change 56.44%
10-Year Change 70.28%
Growth Volatility 300.31

MeiHua Holdings Group Co Ltd - Net Assets Trend (1995–2024)

This chart illustrates how MeiHua Holdings Group 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 MeiHua Holdings Group Co Ltd (1995–2024)

The table below shows the annual net assets of MeiHua Holdings Group Co Ltd from 1995 to 2024.

Year Net Assets Change
2024-12-31 CN¥14.57 Billion +2.91%
2023-12-31 CN¥14.16 Billion +4.79%
2022-12-31 CN¥13.52 Billion +27.25%
2021-12-31 CN¥10.62 Billion +14.01%
2020-12-31 CN¥9.32 Billion +1.09%
2019-12-31 CN¥9.22 Billion -1.67%
2018-12-31 CN¥9.37 Billion +0.13%
2017-12-31 CN¥9.36 Billion +0.68%
2016-12-31 CN¥9.30 Billion +8.61%
2015-12-31 CN¥8.56 Billion +2.12%
2014-12-31 CN¥8.38 Billion +4.42%
2013-12-31 CN¥8.03 Billion +46.45%
2012-12-31 CN¥5.48 Billion +6.55%
2011-12-31 CN¥5.14 Billion +4.37%
2010-12-31 CN¥4.93 Billion +1650.04%
2009-12-31 CN¥281.65 Million +8.36%
2008-12-31 CN¥259.92 Million +2.87%
2007-12-31 CN¥252.67 Million +13.97%
2006-12-31 CN¥221.71 Million +4.41%
2005-12-31 CN¥212.34 Million +7.90%
2004-12-31 CN¥196.80 Million +7.29%
2003-12-31 CN¥183.43 Million -6.42%
2002-12-31 CN¥196.02 Million -8.62%
2001-12-31 CN¥214.50 Million -16.96%
2000-12-31 CN¥258.32 Million +1.94%
1999-12-31 CN¥253.42 Million -16.79%
1998-12-31 CN¥304.56 Million -0.24%
1997-12-31 CN¥305.31 Million +31.85%
1996-12-31 CN¥231.56 Million +5.59%
1995-12-31 CN¥219.30 Million --

Equity Component Analysis

This analysis shows how different components contribute to MeiHua Holdings Group 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 1070075.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥10.37 Billion 71.15%
Common Stock CN¥2.85 Billion 19.57%
Other Comprehensive Income CN¥-50.26 Million -0.34%
Other Components CN¥1.40 Billion 9.62%
Total Equity CN¥14.57 Billion 100.00%

MeiHua Holdings Group Co Ltd Competitors by Market Cap

The table below lists competitors of MeiHua Holdings Group Co Ltd ranked by their market capitalization.

Company Market Cap
Balfour Beatty plc
PINK:BAFBF
 		$2.85 Billion
Inchcape plc
PINK:IHCPF
 		$2.85 Billion
Aritzia Inc
PINK:ATZAF
 		$2.85 Billion
Graphic Packaging Holding Company
NYSE:GPK
 		$2.85 Billion
Aura Minerals Inc. Common Shares
NASDAQ:AUGO
 		$2.85 Billion
Geo-Jade Petroleum Corp
SHG:600759
 		$2.85 Billion
Pony AI Inc. American Depositary Shares
NASDAQ:PONY
 		$2.85 Billion
ALMONTY INDUSTRIES CDIS/1
F:ALI0
 		$2.85 Billion

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 14,163,014,813 to 14,574,945,300, a change of 411,930,487 (2.9%).
  • Net income of 2,740,427,216 contributed positively to equity growth.
  • Dividend payments of 1,789,239,618 reduced retained earnings.
  • Share repurchases of 571,185,981 reduced equity.
  • Other comprehensive income decreased equity by 809,420,164.
  • Other factors increased equity by 841,349,034.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥2.74 Billion +18.8%
Dividends Paid CN¥1.79 Billion -12.28%
Share Repurchases CN¥571.19 Million -3.92%
Other Comprehensive Income CN¥-809.42 Million -5.55%
Other Changes CN¥841.35 Million +5.77%
Total Change CN¥- 2.91%

Book Value vs Market Value Analysis

This analysis compares MeiHua Holdings Group 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: 2.56x
  • 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 16.98x to 2.56x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1995-12-31 CN¥0.75 CN¥12.81 x
1996-12-31 CN¥0.80 CN¥12.81 x
1997-12-31 CN¥1.05 CN¥12.81 x
1998-12-31 CN¥1.05 CN¥12.81 x
1999-12-31 CN¥0.87 CN¥12.81 x
2000-12-31 CN¥0.89 CN¥12.81 x
2001-12-31 CN¥0.74 CN¥12.81 x
2002-12-31 CN¥0.67 CN¥12.81 x
2003-12-31 CN¥0.58 CN¥12.81 x
2004-12-31 CN¥0.61 CN¥12.81 x
2005-12-31 CN¥0.64 CN¥12.81 x
2006-12-31 CN¥0.66 CN¥12.81 x
2007-12-31 CN¥0.75 CN¥12.81 x
2008-12-31 CN¥0.76 CN¥12.81 x
2009-12-31 CN¥0.10 CN¥12.81 x
2010-12-31 CN¥2.06 CN¥12.81 x
2011-12-31 CN¥1.93 CN¥12.81 x
2012-12-31 CN¥1.98 CN¥12.81 x
2013-12-31 CN¥2.58 CN¥12.81 x
2014-12-31 CN¥2.63 CN¥12.81 x
2015-12-31 CN¥2.74 CN¥12.81 x
2016-12-31 CN¥2.96 CN¥12.81 x
2017-12-31 CN¥2.95 CN¥12.81 x
2018-12-31 CN¥2.91 CN¥12.81 x
2019-12-31 CN¥2.91 CN¥12.81 x
2020-12-31 CN¥2.96 CN¥12.81 x
2021-12-31 CN¥3.45 CN¥12.81 x
2022-12-31 CN¥4.39 CN¥12.81 x
2023-12-31 CN¥4.72 CN¥12.81 x
2024-12-31 CN¥5.00 CN¥12.81 x

Capital Efficiency Dashboard

This dashboard shows how efficiently MeiHua Holdings Group 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): 18.80%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 10.93%
  • • Asset Turnover: 1.05x
  • • Equity Multiplier: 1.63x
  • Recent ROE (18.80%) is above the historical average (6.68%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1995 11.21% 54.09% 0.16x 1.32x CN¥2.66 Million
1996 11.03% 53.30% 0.14x 1.49x CN¥2.39 Million
1997 0.33% 2.30% 0.11x 1.26x CN¥-29.53 Million
1998 -0.86% -7.56% 0.08x 1.45x CN¥-33.09 Million
1999 -18.09% -122.94% 0.09x 1.58x CN¥-71.18 Million
2000 2.01% 10.21% 0.12x 1.70x CN¥-20.63 Million
2001 -16.54% -70.33% 0.12x 1.93x CN¥-56.93 Million
2002 -9.43% -52.86% 0.08x 2.21x CN¥-38.09 Million
2003 -16.91% -56.99% 0.09x 3.26x CN¥-45.51 Million
2004 4.64% 2.04% 0.69x 3.28x CN¥-9.56 Million
2005 3.59% 1.64% 0.60x 3.63x CN¥-11.83 Million
2006 5.08% 1.88% 0.72x 3.74x CN¥-9.37 Million
2007 5.35% 1.67% 0.83x 3.85x CN¥-10.09 Million
2008 3.42% 0.87% 1.05x 3.74x CN¥-14.46 Million
2009 4.65% 1.12% 0.95x 4.37x CN¥-12.62 Million
2010 16.03% 15.75% 0.53x 1.91x CN¥297.11 Million
2011 13.99% 10.48% 0.50x 2.69x CN¥205.07 Million
2012 11.09% 8.14% 0.44x 3.12x CN¥59.70 Million
2013 5.03% 5.19% 0.42x 2.33x CN¥-399.01 Million
2014 6.09% 5.07% 0.48x 2.51x CN¥-321.39 Million
2015 5.11% 3.59% 0.65x 2.18x CN¥-407.86 Million
2016 11.49% 9.39% 0.65x 1.87x CN¥135.29 Million
2017 12.89% 10.54% 0.65x 1.88x CN¥263.09 Million
2018 10.99% 7.92% 0.66x 2.09x CN¥90.52 Million
2019 11.01% 6.79% 0.75x 2.15x CN¥90.72 Million
2020 10.81% 5.76% 0.90x 2.09x CN¥73.47 Million
2021 22.62% 10.42% 1.10x 1.97x CN¥1.34 Billion
2022 32.60% 15.77% 1.14x 1.81x CN¥3.05 Billion
2023 22.46% 11.46% 1.20x 1.64x CN¥1.76 Billion
2024 18.80% 10.93% 1.05x 1.63x CN¥1.28 Billion

Industry Comparison

This section compares MeiHua Holdings Group Co Ltd's net assets metrics with peer companies in the Specialty Chemicals industry.

Industry Context

  • Industry: Specialty Chemicals
  • Average net assets among peers: $1,775,158,628
  • Average return on equity (ROE) among peers: -19.15%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
MeiHua Holdings Group Co Ltd (600873) CN¥16.12 Billion 11.21% 0.61x $2.85 Billion
Chongqing Sanxia Paints Co Ltd (000565) $390.80 Million 1.64% 0.47x $289.82 Million
Hengyi Petrochemical Co Ltd (000703) $246.42 Million -7.64% 1.62x $1.44 Billion
Guangdong Xinhui Meida Nylon Co Ltd (000782) $472.56 Million 10.49% 1.13x $361.89 Million
Luxi Chemical Group Co Ltd (000830) $120.60 Million 41.32% 1.30x $2.28 Billion
China Minmetals Rare Earth Co Ltd (000831) $234.51 Million -303.65% 8.65x $5.40 Billion
Anhui Guofeng Plastic Industry Co Ltd (000859) $2.70 Billion 10.47% 0.21x $884.45 Million
Cofco Biochemical Anhui Co Ltd (000930) $11.76 Billion 9.61% 0.54x $815.97 Million
Shandong Link Science and Technology Co Ltd (001207) $441.43 Million 14.99% 1.14x $330.19 Million
Zhejiang Bofay Elec Co Ltd (001255) $742.80 Million 1.78% 0.61x $169.49 Million
Guangdong Decro Film New (001378) $647.89 Million 29.53% 0.22x $241.78 Million