Jiangsu Maysta Chemical Co Ltd (603041) - Net Assets
Based on the latest financial reports, Jiangsu Maysta Chemical Co Ltd (603041) has net assets worth CN¥1.53 Billion CNY (≈ $223.87 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.82 Billion ≈ $266.23 Million USD) and total liabilities (CN¥289.47 Million ≈ $42.36 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 Jiangsu Maysta Chemical Co Ltd strategic capital allocation to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.53 Billion |
| % of Total Assets | 84.09% |
| Annual Growth Rate | 16.74% |
| 5-Year Change | 63.87% |
| 10-Year Change | 272.7% |
| Growth Volatility | 20.36 |
Jiangsu Maysta Chemical Co Ltd - Net Assets Trend (2012–2025)
This chart illustrates how Jiangsu Maysta Chemical Co Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see 603041 company net worth.
Annual Net Assets for Jiangsu Maysta Chemical Co Ltd (2012–2025)
The table below shows the annual net assets of Jiangsu Maysta Chemical Co Ltd from 2012 to 2025. Also explore 603041 shareholders equity momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.51 Billion ≈ $221.62 Million |
+1.84% |
| 2024-12-31 | CN¥1.49 Billion ≈ $217.61 Million |
+1.81% |
| 2023-12-31 | CN¥1.46 Billion ≈ $213.74 Million |
+6.18% |
| 2022-12-31 | CN¥1.38 Billion ≈ $201.29 Million |
+48.84% |
| 2021-12-31 | CN¥924.19 Million ≈ $135.24 Million |
+3.76% |
| 2020-12-31 | CN¥890.67 Million ≈ $130.33 Million |
+11.93% |
| 2019-12-31 | CN¥795.71 Million ≈ $116.44 Million |
+8.32% |
| 2018-12-31 | CN¥734.57 Million ≈ $107.49 Million |
+3.71% |
| 2017-12-31 | CN¥708.32 Million ≈ $103.65 Million |
+74.31% |
| 2016-12-31 | CN¥406.36 Million ≈ $59.46 Million |
+13.41% |
| 2015-12-31 | CN¥358.30 Million ≈ $52.43 Million |
+17.88% |
| 2014-12-31 | CN¥303.96 Million ≈ $44.48 Million |
+20.60% |
| 2013-12-31 | CN¥252.04 Million ≈ $36.88 Million |
+24.39% |
| 2012-12-31 | CN¥202.62 Million ≈ $29.65 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Jiangsu Maysta Chemical 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 1063.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥626.29 Million | 41.35% |
| Other Components | CN¥888.21 Million | 58.65% |
| Total Equity | CN¥1.51 Billion | 100.00% |
Jiangsu Maysta Chemical Co Ltd Competitors by Market Cap
The table below lists competitors of Jiangsu Maysta Chemical Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Centurion Acquisition Corp.
NASDAQ:ALF
|
$313.95 Million |
|
British American Tobacco Malaysia Bhd
KLSE:4162
|
$313.99 Million |
|
Artesian Resources Corporation
NASDAQ:ARTNA
|
$314.07 Million |
|
Beijing Jiaoda Signal Technology
SHE:300851
|
$314.08 Million |
|
All For One Steeb AG
F:A1OS
|
$313.83 Million |
|
Bystronic AG
SW:BYS
|
$313.80 Million |
|
Laser Tek Taiwan Co Ltd
TWO:6207
|
$313.79 Million |
|
Haymaker Acquisition Corp. 4
NYSE:HYAC
|
$313.64 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiangsu Maysta Chemical Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,486,870,272 to 1,514,497,942, a change of 27,627,670 (1.9%).
- Net income of 56,672,705 contributed positively to equity growth.
- Dividend payments of 24,329,099 reduced retained earnings.
- Other comprehensive income decreased equity by 69,817,335.
- Other factors increased equity by 65,101,399.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥56.67 Million | +3.74% |
| Dividends Paid | CN¥24.33 Million | -1.61% |
| Other Comprehensive Income | CN¥-69.82 Million | -4.61% |
| Other Changes | CN¥65.10 Million | +4.3% |
| Total Change | CN¥- | 1.86% |
Book Value vs Market Value Analysis
This analysis compares Jiangsu Maysta Chemical 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: 1.42x
- 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 6.09x to 1.42x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | CN¥1.92 | CN¥11.71 | x |
| 2013-12-31 | CN¥2.39 | CN¥11.71 | x |
| 2014-12-31 | CN¥2.88 | CN¥11.71 | x |
| 2015-12-31 | CN¥3.42 | CN¥11.71 | x |
| 2016-12-31 | CN¥3.87 | CN¥11.71 | x |
| 2017-12-31 | CN¥5.40 | CN¥11.71 | x |
| 2018-12-31 | CN¥5.27 | CN¥11.71 | x |
| 2019-12-31 | CN¥5.63 | CN¥11.71 | x |
| 2020-12-31 | CN¥6.33 | CN¥11.71 | x |
| 2021-12-31 | CN¥6.50 | CN¥11.71 | x |
| 2022-12-31 | CN¥8.18 | CN¥11.71 | x |
| 2023-12-31 | CN¥8.09 | CN¥11.71 | x |
| 2024-12-31 | CN¥8.11 | CN¥11.71 | x |
| 2025-12-31 | CN¥8.27 | CN¥11.71 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiangsu Maysta Chemical 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): 3.74%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.17%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 1.16x
- Recent ROE (3.74%) is below the historical average (12.67%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 30.82% | 24.18% | 0.97x | 1.31x | CN¥42.19 Million |
| 2013 | 25.96% | 23.49% | 0.77x | 1.43x | CN¥40.22 Million |
| 2014 | 22.54% | 23.46% | 0.64x | 1.50x | CN¥38.12 Million |
| 2015 | 18.79% | 25.04% | 0.63x | 1.18x | CN¥31.51 Million |
| 2016 | 16.80% | 24.19% | 0.58x | 1.19x | CN¥27.62 Million |
| 2017 | 7.14% | 16.79% | 0.38x | 1.13x | CN¥-20.26 Million |
| 2018 | 5.56% | 13.38% | 0.37x | 1.13x | CN¥-32.63 Million |
| 2019 | 9.05% | 21.28% | 0.39x | 1.10x | CN¥-7.53 Million |
| 2020 | 12.49% | 28.49% | 0.39x | 1.12x | CN¥22.10 Million |
| 2021 | 6.92% | 12.89% | 0.46x | 1.17x | CN¥-28.40 Million |
| 2022 | 5.75% | 15.89% | 0.31x | 1.15x | CN¥-58.43 Million |
| 2023 | 7.54% | 21.96% | 0.29x | 1.20x | CN¥-35.89 Million |
| 2024 | 4.31% | 10.67% | 0.33x | 1.21x | CN¥-84.54 Million |
| 2025 | 3.74% | 9.17% | 0.35x | 1.16x | CN¥-94.78 Million |
Industry Comparison
This section compares Jiangsu Maysta Chemical Co Ltd's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $2,516,935,765
- Average return on equity (ROE) among peers: 10.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangsu Maysta Chemical Co Ltd (603041) | CN¥1.53 Billion | 30.82% | 0.19x | $313.83 Million |
| Chongqing Sanxia Paints Co Ltd (000565) | $1.30 Billion | 0.62% | 0.29x | $407.97 Million |
| Hengyi Petrochemical Co Ltd (000703) | $7.37 Billion | 5.79% | 2.23x | $10.37 Billion |
| Guangdong Xinhui Meida Nylon Co Ltd (000782) | $1.01 Billion | 5.49% | 0.44x | $824.85 Million |
| Luxi Chemical Group Co Ltd (000830) | $1.14 Billion | 6.96% | 1.67x | $3.22 Billion |
| China Minmetals Rare Earth Co Ltd (000831) | $191.02 Million | 12.96% | 1.30x | $8.37 Billion |
| Anhui Guofeng Plastic Industry Co Ltd (000859) | $923.46 Million | 4.58% | 0.60x | $1.18 Billion |
| Cofco Biochemical Anhui Co Ltd (000930) | $12.51 Billion | 8.46% | 0.45x | $1.43 Billion |
| Shandong Link Science and Technology Co Ltd (001207) | $96.46 Million | 22.88% | 0.50x | $822.85 Million |
| Zhejiang Transfar Co Ltd (002010) | $137.65 Million | 28.59% | 0.58x | $1.82 Billion |
| Poly Union Chemical Holding Group Co Ltd (002037) | $490.45 Million | 7.95% | 0.50x | $483.61 Million |
About Jiangsu Maysta Chemical Co Ltd
Jiangsu Maysta Chemical Co., Ltd., together with its subsidiaries, engages in the research, development, production, and sale of polyurethane additives in China and internationally. The company offers polyurethane silicone surfactants under the MATESTAB brand and organic amine catalysts under the MAYCAT brand for rigid foams, flexible foams, HR molded foams, shoe soles, and OCFs. It also provides… Read more