Nanjing Chemical Fibre Co Ltd

SHG:600889 China Chemicals
Market Cap
$801.37 Million
CN¥5.88 Billion CNY
Market Cap Rank
#11547 Global
#2730 in China
Share Price
CN¥16.05
Change (1 day)
-2.85%
52-Week Range
CN¥13.88 - CN¥18.45
All Time High
CN¥24.79
Categories
Companies in China Chemicals
About

Nanjing Chemical Fiber Co., Ltd. engages in the viscose fiber production in China and internationally. The company offers viscose staple fiber, lyocell fibers, and PET foam materials. It is also involved in the urban ecological water supply business. Nanjing Chemical Fiber Co., Ltd. was founded in 1964 and is based in Nanjing, China.

Nanjing Chemical Fibre Co Ltd (600889) - Net Assets

Latest net assets as of September 2025: CN¥360.34 Million CNY

Based on the latest financial reports, Nanjing Chemical Fibre Co Ltd (600889) has net assets worth CN¥360.34 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¥1.25 Billion) and total liabilities (CN¥893.26 Million). 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¥360.34 Million
% of Total Assets 28.74%
Annual Growth Rate 4.22%
5-Year Change -72.95%
10-Year Change -70.36%
Growth Volatility 29.6

Nanjing Chemical Fibre Co Ltd - Net Assets Trend (1995–2024)

This chart illustrates how Nanjing Chemical Fibre 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 Nanjing Chemical Fibre Co Ltd (1995–2024)

The table below shows the annual net assets of Nanjing Chemical Fibre Co Ltd from 1995 to 2024.

Year Net Assets Change
2024-12-31 CN¥417.10 Million -53.89%
2023-12-31 CN¥904.63 Million -20.13%
2022-12-31 CN¥1.13 Billion -15.75%
2021-12-31 CN¥1.34 Billion -12.83%
2020-12-31 CN¥1.54 Billion +10.35%
2019-12-31 CN¥1.40 Billion -8.49%
2018-12-31 CN¥1.53 Billion +32.85%
2017-12-31 CN¥1.15 Billion -22.84%
2016-12-31 CN¥1.49 Billion +5.88%
2015-12-31 CN¥1.41 Billion +33.18%
2014-12-31 CN¥1.06 Billion -4.50%
2013-12-31 CN¥1.11 Billion +3.88%
2012-12-31 CN¥1.07 Billion +7.12%
2011-12-31 CN¥994.29 Million +9.26%
2010-12-31 CN¥910.00 Million +11.44%
2009-12-31 CN¥816.60 Million +16.24%
2008-12-31 CN¥702.50 Million +0.38%
2007-12-31 CN¥699.82 Million +5.16%
2006-12-31 CN¥665.47 Million +3.40%
2005-12-31 CN¥643.60 Million -3.34%
2004-12-31 CN¥665.82 Million +5.87%
2003-12-31 CN¥628.87 Million +18.64%
2002-12-31 CN¥530.08 Million +8.18%
2001-12-31 CN¥490.01 Million +2.05%
2000-12-31 CN¥480.18 Million +7.15%
1999-12-31 CN¥448.14 Million -15.83%
1998-12-31 CN¥532.43 Million +8.87%
1997-12-31 CN¥489.07 Million +105.93%
1996-12-31 CN¥237.49 Million +88.76%
1995-12-31 CN¥125.82 Million --

Equity Component Analysis

This analysis shows how different components contribute to Nanjing Chemical Fibre 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 424679.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥366.35 Million 86.45%
Other Comprehensive Income CN¥354.53 Million 83.67%
Other Components CN¥446.63 Million 105.40%
Total Equity CN¥423.75 Million 100.00%

Nanjing Chemical Fibre Co Ltd Competitors by Market Cap

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

Company Market Cap
Tianjin Keyvia Electric Co Ltd
SHE:300407
 		$387.27 Million
I-Mab
NASDAQ:IMAB
 		$387.37 Million
Zhejiang Dehong Automotive
SHG:603701
 		$387.41 Million
Nanjing Quanxin Cable Technology Co Ltd
SHE:300447
 		$387.47 Million
Tus-Sound Environmental Resources Co Ltd
SHE:000826
 		$387.20 Million
Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft
PINK:SBOEF
 		$387.18 Million
Urban Company Limited
NSE:URBANCO
 		$387.17 Million
Shandong Kexing Bioproducts Co. Ltd. A
SHG:688136
 		$387.13 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 872,459,182 to 423,749,790, a change of -448,709,392 (-51.4%).
  • Net loss of 448,722,188 reduced equity.
  • Dividend payments of 14,308,354 reduced retained earnings.
  • Other comprehensive income increased equity by 354,530,685.
  • Other factors decreased equity by 340,209,535.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-448.72 Million -105.89%
Dividends Paid CN¥14.31 Million -3.38%
Other Comprehensive Income CN¥354.53 Million +83.67%
Other Changes CN¥-340.21 Million -80.29%
Total Change CN¥- -51.43%

Book Value vs Market Value Analysis

This analysis compares Nanjing Chemical Fibre 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: 13.93x
  • 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 decreased from 33.29x to 13.93x 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¥0.48 CN¥16.05 x
1996-12-31 CN¥0.91 CN¥16.05 x
1997-12-31 CN¥1.03 CN¥16.05 x
1998-12-31 CN¥1.15 CN¥16.05 x
1999-12-31 CN¥1.63 CN¥16.05 x
2000-12-31 CN¥1.75 CN¥16.05 x
2001-12-31 CN¥1.78 CN¥16.05 x
2002-12-31 CN¥1.91 CN¥16.05 x
2003-12-31 CN¥2.18 CN¥16.05 x
2004-12-31 CN¥2.31 CN¥16.05 x
2005-12-31 CN¥2.47 CN¥16.05 x
2006-12-31 CN¥2.86 CN¥16.05 x
2007-12-31 CN¥3.43 CN¥16.05 x
2008-12-31 CN¥3.03 CN¥16.05 x
2009-12-31 CN¥3.01 CN¥16.05 x
2010-12-31 CN¥2.81 CN¥16.05 x
2011-12-31 CN¥2.93 CN¥16.05 x
2012-12-31 CN¥3.24 CN¥16.05 x
2013-12-31 CN¥3.06 CN¥16.05 x
2014-12-31 CN¥3.42 CN¥16.05 x
2015-12-31 CN¥4.55 CN¥16.05 x
2016-12-31 CN¥4.88 CN¥16.05 x
2017-12-31 CN¥3.72 CN¥16.05 x
2018-12-31 CN¥4.89 CN¥16.05 x
2019-12-31 CN¥3.78 CN¥16.05 x
2020-12-31 CN¥3.82 CN¥16.05 x
2021-12-31 CN¥3.36 CN¥16.05 x
2022-12-31 CN¥2.87 CN¥16.05 x
2023-12-31 CN¥2.36 CN¥16.05 x
2024-12-31 CN¥1.15 CN¥16.05 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Nanjing Chemical Fibre 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): -105.89%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -67.73%
  • • Asset Turnover: 0.45x
  • • Equity Multiplier: 3.50x
  • Recent ROE (-105.89%) is below the historical average (-0.59%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1995 18.28% 6.17% 1.40x 2.12x CN¥10.42 Million
1996 10.76% 9.44% 0.67x 1.71x CN¥1.80 Million
1997 11.81% 1.49% 1.69x 4.68x CN¥4.88 Million
1998 10.13% 1.59% 1.35x 4.72x CN¥393.12K
1999 8.66% 2.95% 2.40x 1.23x CN¥-5.68 Million
2000 8.72% 13.64% 0.47x 1.36x CN¥-5.85 Million
2001 6.51% 9.06% 0.49x 1.46x CN¥-16.17 Million
2002 6.63% 8.35% 0.51x 1.56x CN¥-16.77 Million
2003 11.51% 9.51% 0.74x 1.63x CN¥8.55 Million
2004 6.80% 6.95% 0.62x 1.58x CN¥-19.32 Million
2005 2.96% 3.40% 0.43x 2.04x CN¥-45.32 Million
2006 3.29% 3.87% 0.36x 2.39x CN¥-44.68 Million
2007 4.90% 4.12% 0.47x 2.56x CN¥-35.67 Million
2008 0.30% 0.44% 0.25x 2.74x CN¥-68.16 Million
2009 8.96% 9.25% 0.24x 4.12x CN¥-8.05 Million
2010 12.01% 10.35% 0.28x 4.13x CN¥17.41 Million
2011 1.71% 1.02% 0.42x 3.94x CN¥-74.63 Million
2012 1.54% 0.93% 0.43x 3.89x CN¥-77.31 Million
2013 2.61% 1.20% 0.58x 3.74x CN¥-69.31 Million
2014 0.58% 0.31% 0.61x 3.13x CN¥-88.01 Million
2015 32.75% 30.13% 0.70x 1.55x CN¥317.83 Million
2016 6.14% 5.46% 0.75x 1.51x CN¥-57.06 Million
2017 -26.60% -18.85% 0.87x 1.62x CN¥-416.86 Million
2018 0.41% 0.63% 0.47x 1.38x CN¥-145.49 Million
2019 -9.41% -19.84% 0.34x 1.39x CN¥-269.13 Million
2020 0.79% 3.01% 0.16x 1.65x CN¥-129.04 Million
2021 -15.55% -40.71% 0.22x 1.72x CN¥-314.10 Million
2022 -17.93% -36.31% 0.27x 1.83x CN¥-294.05 Million
2023 -21.20% -39.01% 0.30x 1.82x CN¥-272.19 Million
2024 -105.89% -67.73% 0.45x 3.50x CN¥-491.10 Million

Industry Comparison

This section compares Nanjing Chemical Fibre 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
Nanjing Chemical Fibre Co Ltd (600889) CN¥360.34 Million 18.28% 2.48x $387.21 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