Hubei Zhenhua Chemical Co Ltd (603067) - Net Assets
Based on the latest financial reports, Hubei Zhenhua Chemical Co Ltd (603067) has net assets worth CN¥3.38 Billion CNY (≈ $494.57 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥5.21 Billion ≈ $762.69 Million USD) and total liabilities (CN¥1.83 Billion ≈ $268.13 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 603067 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.38 Billion |
| % of Total Assets | 64.84% |
| Annual Growth Rate | 17.94% |
| 5-Year Change | 121.01% |
| 10-Year Change | 383.21% |
| Growth Volatility | 15.91 |
Hubei Zhenhua Chemical Co Ltd - Net Assets Trend (2012–2024)
This chart illustrates how Hubei Zhenhua Chemical Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 603067 total assets for the complete picture of this company's asset base.
Annual Net Assets for Hubei Zhenhua Chemical Co Ltd (2012–2024)
The table below shows the annual net assets of Hubei Zhenhua Chemical Co Ltd from 2012 to 2024. For live valuation and market cap data, see 603067 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.21 Billion ≈ $469.35 Million |
+11.83% |
| 2023-12-31 | CN¥2.87 Billion ≈ $419.68 Million |
+12.19% |
| 2022-12-31 | CN¥2.56 Billion ≈ $374.06 Million |
+17.86% |
| 2021-12-31 | CN¥2.17 Billion ≈ $317.39 Million |
+49.46% |
| 2020-12-31 | CN¥1.45 Billion ≈ $212.36 Million |
+8.27% |
| 2019-12-31 | CN¥1.34 Billion ≈ $196.14 Million |
+8.14% |
| 2018-12-31 | CN¥1.24 Billion ≈ $181.38 Million |
+10.71% |
| 2017-12-31 | CN¥1.12 Billion ≈ $163.83 Million |
+7.10% |
| 2016-12-31 | CN¥1.05 Billion ≈ $152.97 Million |
+57.49% |
| 2015-12-31 | CN¥663.77 Million ≈ $97.13 Million |
+10.35% |
| 2014-12-31 | CN¥601.49 Million ≈ $88.02 Million |
+16.64% |
| 2013-12-31 | CN¥515.68 Million ≈ $75.46 Million |
+16.48% |
| 2012-12-31 | CN¥442.71 Million ≈ $64.78 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Hubei Zhenhua 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 1769.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.85 Billion | 58.67% |
| Other Components | CN¥1.31 Billion | 41.33% |
| Total Equity | CN¥3.16 Billion | 100.00% |
Hubei Zhenhua Chemical Co Ltd Competitors by Market Cap
The table below lists competitors of Hubei Zhenhua Chemical Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Motor Oil (Hellas) Corinth Refineries S.A
AT:MOH
|
$3.85 Billion |
|
Kadant Inc
NYSE:KAI
|
$3.85 Billion |
|
XJ Electric Co Ltd
SHE:000400
|
$3.86 Billion |
|
Huaihe Energy Group Co Ltd
SHG:600575
|
$3.86 Billion |
|
Ypsomed Holding AG
SW:YPSN
|
$3.85 Billion |
|
Seaboard Corporation
NYSE MKT:SEB
|
$3.85 Billion |
|
Asbury Automotive Group Inc
NYSE:ABG
|
$3.84 Billion |
|
BancFirst Corporation
NASDAQ:BANF
|
$3.84 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hubei Zhenhua Chemical Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,805,629,663 to 3,158,994,050, a change of 353,364,387 (12.6%).
- Net income of 472,876,416 contributed positively to equity growth.
- Dividend payments of 120,503,472 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥472.88 Million | +14.97% |
| Dividends Paid | CN¥120.50 Million | -3.81% |
| Other Changes | CN¥991.44K | +0.03% |
| Total Change | CN¥- | 12.59% |
Book Value vs Market Value Analysis
This analysis compares Hubei Zhenhua 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: 5.96x
- 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 14.26x to 5.96x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥2.59 | CN¥37.00 | x |
| 2018-12-31 | CN¥2.87 | CN¥37.00 | x |
| 2019-12-31 | CN¥3.10 | CN¥37.00 | x |
| 2020-12-31 | CN¥3.35 | CN¥37.00 | x |
| 2021-12-31 | CN¥4.25 | CN¥37.00 | x |
| 2022-12-31 | CN¥4.95 | CN¥37.00 | x |
| 2023-12-31 | CN¥3.94 | CN¥37.00 | x |
| 2024-12-31 | CN¥6.21 | CN¥37.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hubei Zhenhua 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): 14.97%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.63%
- • Asset Turnover: 0.80x
- • Equity Multiplier: 1.60x
- Recent ROE (14.97%) is above the historical average (11.75%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 9.41% | 8.05% | 0.81x | 1.45x | CN¥-3.89 Million |
| 2016 | 7.62% | 9.11% | 0.76x | 1.10x | CN¥-24.83 Million |
| 2017 | 8.95% | 8.45% | 0.97x | 1.10x | CN¥-11.72 Million |
| 2018 | 11.81% | 10.40% | 1.04x | 1.09x | CN¥22.39 Million |
| 2019 | 10.24% | 9.82% | 0.94x | 1.11x | CN¥3.21 Million |
| 2020 | 10.38% | 11.72% | 0.64x | 1.39x | CN¥5.46 Million |
| 2021 | 14.38% | 10.38% | 0.85x | 1.64x | CN¥94.64 Million |
| 2022 | 16.56% | 11.80% | 0.89x | 1.58x | CN¥165.18 Million |
| 2023 | 13.22% | 10.03% | 0.87x | 1.51x | CN¥90.25 Million |
| 2024 | 14.97% | 11.63% | 0.80x | 1.60x | CN¥156.98 Million |
Industry Comparison
This section compares Hubei Zhenhua Chemical Co Ltd's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $2,769,045,563
- Average return on equity (ROE) among peers: 6.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hubei Zhenhua Chemical Co Ltd (603067) | CN¥3.38 Billion | 9.41% | 0.54x | $3.85 Billion |
| North Huajin Chemical Industries Co Ltd (000059) | $1.37 Billion | 0.00% | 0.79x | $1.28 Billion |
| Sichuan Chemical Co Ltd (000155) | $1.46 Billion | 0.78% | 1.16x | $4.82 Billion |
| Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) | $506.50 Million | 16.41% | 1.45x | $12.92 Billion |
| Zangge Holding Co Ltd (000408) | $304.26 Million | 8.29% | 1.38x | $20.72 Billion |
| Sichuan Jinlu Group Co Ltd (000510) | $1.46 Billion | 0.89% | 0.57x | $1.47 Billion |
| Jilin Gpro Titanium Industry Co Ltd (000545) | $269.12 Million | 8.73% | 0.27x | $438.99 Million |
| Aoyuan Beauty Valley Technology Co Ltd (000615) | $728.86 Million | 0.46% | 0.67x | $855.32 Million |
| Ningxia Younglight Chemicals Co Ltd (000635) | $934.64 Million | 13.67% | 2.94x | $472.35 Million |
| Maoming Petro-Chemical Shihua Co Ltd (000637) | $1.03 Billion | 8.78% | 0.45x | $362.87 Million |
| Inner Mongolia Yuan Xing Energy Co Ltd (000683) | $19.62 Billion | 9.23% | 0.83x | $4.87 Billion |
About Hubei Zhenhua Chemical Co Ltd
Hubei Zhenhua Chemical Co.,Ltd. engages in the research, development, manufacture, and sale of chromium salt and other related products primarily in China. The company's products portfolio includes sodium bichromate, chromic acid anhydride, crystal chromic acid anhydride, liquid chromic anhydride, chrome oxide green, potassium dichromate, chrome sulphate, vitamin K3, sodium sulphate, aluminium hy… Read more