Nanjing Chemical Fibre Co Ltd Net Assets
Nanjing Chemical Fibre Co Ltd net assets. Based on the latest financial reports, Nanjing Chemical Fibre Co Ltd (600889) has net assets worth CN¥360.34 Million CNY (≈ $52.73 Million USD) 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 ≈ $183.44 Million USD) and total liabilities (CN¥893.26 Million ≈ $130.71 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. Also explore 600889 year-over-year net asset growth to track the company's year-over-year net asset growth rate.
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 |
Net Assets of Nanjing Chemical Fibre Co Ltd (1995–2024)
Net assets of Nanjing Chemical Fibre Co Ltd from 1995 to 2024. This chart illustrates how Nanjing Chemical Fibre Co Ltd's net assets have evolved over time, based on quarterly financial data. See 600889 net asset quality score to measure how much of total assets are equity-financed.
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. For live market cap and overall valuation, see 600889 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥417.10 Million ≈ $61.04 Million |
-53.89% |
| 2023-12-31 | CN¥904.63 Million ≈ $132.38 Million |
-20.13% |
| 2022-12-31 | CN¥1.13 Billion ≈ $165.73 Million |
-15.75% |
| 2021-12-31 | CN¥1.34 Billion ≈ $196.71 Million |
-12.83% |
| 2020-12-31 | CN¥1.54 Billion ≈ $225.67 Million |
+10.35% |
| 2019-12-31 | CN¥1.40 Billion ≈ $204.50 Million |
-8.49% |
| 2018-12-31 | CN¥1.53 Billion ≈ $223.48 Million |
+32.85% |
| 2017-12-31 | CN¥1.15 Billion ≈ $168.22 Million |
-22.84% |
| 2016-12-31 | CN¥1.49 Billion ≈ $218.00 Million |
+5.88% |
| 2015-12-31 | CN¥1.41 Billion ≈ $205.90 Million |
+33.18% |
| 2014-12-31 | CN¥1.06 Billion ≈ $154.60 Million |
-4.50% |
| 2013-12-31 | CN¥1.11 Billion ≈ $161.89 Million |
+3.88% |
| 2012-12-31 | CN¥1.07 Billion ≈ $155.85 Million |
+7.12% |
| 2011-12-31 | CN¥994.29 Million ≈ $145.50 Million |
+9.26% |
| 2010-12-31 | CN¥910.00 Million ≈ $133.16 Million |
+11.44% |
| 2009-12-31 | CN¥816.60 Million ≈ $119.49 Million |
+16.24% |
| 2008-12-31 | CN¥702.50 Million ≈ $102.80 Million |
+0.38% |
| 2007-12-31 | CN¥699.82 Million ≈ $102.41 Million |
+5.16% |
| 2006-12-31 | CN¥665.47 Million ≈ $97.38 Million |
+3.40% |
| 2005-12-31 | CN¥643.60 Million ≈ $94.18 Million |
-3.34% |
| 2004-12-31 | CN¥665.82 Million ≈ $97.43 Million |
+5.87% |
| 2003-12-31 | CN¥628.87 Million ≈ $92.02 Million |
+18.64% |
| 2002-12-31 | CN¥530.08 Million ≈ $77.57 Million |
+8.18% |
| 2001-12-31 | CN¥490.01 Million ≈ $71.70 Million |
+2.05% |
| 2000-12-31 | CN¥480.18 Million ≈ $70.27 Million |
+7.15% |
| 1999-12-31 | CN¥448.14 Million ≈ $65.58 Million |
-15.83% |
| 1998-12-31 | CN¥532.43 Million ≈ $77.91 Million |
+8.87% |
| 1997-12-31 | CN¥489.07 Million ≈ $71.57 Million |
+105.93% |
| 1996-12-31 | CN¥237.49 Million ≈ $34.75 Million |
+88.76% |
| 1995-12-31 | CN¥125.82 Million ≈ $18.41 Million |
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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.
Nanjing Chemical Fibre Co Ltd Net Assets Breakdown (December 2024)
Nanjing Chemical Fibre Co Ltd net assets breakdown by equity component as of 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 |
|---|---|
|
HomeTrust Bancshares, Inc.
NASDAQ:HTB
|
$626.83 Million |
|
Jianmin Pharmaceutical Group Co Ltd
SHG:600976
|
$627.17 Million |
|
Shenzhen Minglida Precision Technology Co. Ltd.
SHE:301268
|
$627.51 Million |
|
Changzhou Galaxy Century Microelectronics Co Ltd
SHG:688689
|
$627.56 Million |
|
Sheela Foam Limited
NSE:SFL
|
$626.63 Million |
|
Marimaca Copper Corp.
AU:MC2
|
$626.39 Million |
|
Lingyuan Iron & Steel Co Ltd
SHG:600231
|
$626.21 Million |
|
Yueyang Xingchang Petro-Chemical Co Ltd
SHE:000819
|
$626.13 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: 10.15x
- 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 24.25x to 10.15x 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¥11.69 | x |
| 1996-12-31 | CN¥0.91 | CN¥11.69 | x |
| 1997-12-31 | CN¥1.03 | CN¥11.69 | x |
| 1998-12-31 | CN¥1.15 | CN¥11.69 | x |
| 1999-12-31 | CN¥1.63 | CN¥11.69 | x |
| 2000-12-31 | CN¥1.75 | CN¥11.69 | x |
| 2001-12-31 | CN¥1.78 | CN¥11.69 | x |
| 2002-12-31 | CN¥1.91 | CN¥11.69 | x |
| 2003-12-31 | CN¥2.18 | CN¥11.69 | x |
| 2004-12-31 | CN¥2.31 | CN¥11.69 | x |
| 2005-12-31 | CN¥2.47 | CN¥11.69 | x |
| 2006-12-31 | CN¥2.86 | CN¥11.69 | x |
| 2007-12-31 | CN¥3.43 | CN¥11.69 | x |
| 2008-12-31 | CN¥3.03 | CN¥11.69 | x |
| 2009-12-31 | CN¥3.01 | CN¥11.69 | x |
| 2010-12-31 | CN¥2.81 | CN¥11.69 | x |
| 2011-12-31 | CN¥2.93 | CN¥11.69 | x |
| 2012-12-31 | CN¥3.24 | CN¥11.69 | x |
| 2013-12-31 | CN¥3.06 | CN¥11.69 | x |
| 2014-12-31 | CN¥3.42 | CN¥11.69 | x |
| 2015-12-31 | CN¥4.55 | CN¥11.69 | x |
| 2016-12-31 | CN¥4.88 | CN¥11.69 | x |
| 2017-12-31 | CN¥3.72 | CN¥11.69 | x |
| 2018-12-31 | CN¥4.89 | CN¥11.69 | x |
| 2019-12-31 | CN¥3.78 | CN¥11.69 | x |
| 2020-12-31 | CN¥3.82 | CN¥11.69 | x |
| 2021-12-31 | CN¥3.36 | CN¥11.69 | x |
| 2022-12-31 | CN¥2.87 | CN¥11.69 | x |
| 2023-12-31 | CN¥2.36 | CN¥11.69 | x |
| 2024-12-31 | CN¥1.15 | CN¥11.69 | 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: $1,931,668,539
- Average return on equity (ROE) among peers: 5.45%
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 | $626.68 Million |
| North Huajin Chemical Industries Co Ltd (000059) | $1.75 Billion | 1.31% | 0.67x | $1.07 Billion |
| Sichuan Chemical Co Ltd (000155) | $10.05 Billion | 7.93% | 1.17x | $2.48 Billion |
| Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) | $479.85 Million | 10.01% | 1.53x | $10.07 Billion |
| Zangge Holding Co Ltd (000408) | $177.18 Million | 2.60% | 1.55x | $15.25 Billion |
| Sichuan Jinlu Group Co Ltd (000510) | $1.17 Billion | 5.97% | 1.33x | $909.16 Million |
| Jilin Gpro Titanium Industry Co Ltd (000545) | $753.99 Million | 12.59% | 0.56x | $277.26 Million |
| Aoyuan Beauty Valley Technology Co Ltd (000615) | $607.17 Million | -6.03% | 0.98x | $779.47 Million |
| Ningxia Younglight Chemicals Co Ltd (000635) | $607.74 Million | 6.51% | 4.22x | $547.90 Million |
| Maoming Petro-Chemical Shihua Co Ltd (000637) | $704.85 Million | 9.92% | 0.58x | $282.23 Million |
| Inner Mongolia Yuan Xing Energy Co Ltd (000683) | $3.01 Billion | 3.69% | 0.89x | $3.33 Billion |
About Nanjing Chemical Fibre Co Ltd
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.