Shandong Cynda Chemcial Co Ltd (603086) - Net Assets
Based on the latest financial reports, Shandong Cynda Chemcial Co Ltd (603086) has net assets worth CN¥2.17 Billion CNY (≈ $317.31 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¥3.98 Billion ≈ $582.34 Million USD) and total liabilities (CN¥1.81 Billion ≈ $265.03 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 asset resilience ratio of Shandong Cynda Chemcial Co Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.17 Billion |
| % of Total Assets | 54.49% |
| Annual Growth Rate | 15.45% |
| 5-Year Change | 15.95% |
| 10-Year Change | 212.77% |
| Growth Volatility | 15.47 |
Shandong Cynda Chemcial Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Shandong Cynda Chemcial Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Shandong Cynda Chemcial Co Ltd assets under control for the complete picture of this company's asset base.
Annual Net Assets for Shandong Cynda Chemcial Co Ltd (2011–2024)
The table below shows the annual net assets of Shandong Cynda Chemcial Co Ltd from 2011 to 2024. For live valuation and market cap data, see Shandong Cynda Chemcial Co Ltd market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.98 Billion ≈ $289.09 Million |
-1.77% |
| 2023-12-31 | CN¥2.01 Billion ≈ $294.30 Million |
-7.79% |
| 2022-12-31 | CN¥2.18 Billion ≈ $319.16 Million |
+18.67% |
| 2021-12-31 | CN¥1.84 Billion ≈ $268.94 Million |
+7.87% |
| 2020-12-31 | CN¥1.70 Billion ≈ $249.32 Million |
+9.41% |
| 2019-12-31 | CN¥1.56 Billion ≈ $227.86 Million |
+14.73% |
| 2018-12-31 | CN¥1.36 Billion ≈ $198.61 Million |
+21.39% |
| 2017-12-31 | CN¥1.12 Billion ≈ $163.62 Million |
+59.43% |
| 2016-12-31 | CN¥701.35 Million ≈ $102.63 Million |
+11.04% |
| 2015-12-31 | CN¥631.63 Million ≈ $92.43 Million |
+15.33% |
| 2014-12-31 | CN¥547.66 Million ≈ $80.14 Million |
+28.43% |
| 2013-12-31 | CN¥426.44 Million ≈ $62.40 Million |
+20.56% |
| 2012-12-31 | CN¥353.72 Million ≈ $51.76 Million |
+15.89% |
| 2011-12-31 | CN¥305.22 Million ≈ $44.66 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shandong Cynda Chemcial 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 5066.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.25 Billion | 63.67% |
| Common Stock | CN¥434.81 Million | 22.10% |
| Other Components | CN¥280.10 Million | 14.23% |
| Total Equity | CN¥1.97 Billion | 100.00% |
Shandong Cynda Chemcial Co Ltd Competitors by Market Cap
The table below lists competitors of Shandong Cynda Chemcial Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Beijing Transtrue Technology Inc
SHE:002771
|
$469.02 Million |
|
Fulcrum Therapeutics Inc
NASDAQ:FULC
|
$469.05 Million |
|
Magnum Bhd
KLSE:3859
|
$469.08 Million |
|
Panin Financial Tbk
JK:PNLF
|
$469.09 Million |
|
Shinhan Alpha REIT Co Ltd
KO:293940
|
$468.81 Million |
|
Huchems
KO:069260
|
$468.58 Million |
|
Dolphin Drilling AS
OL:DDRIL
|
$468.17 Million |
|
Sinopec Oilfield Service Corporation
F:YIZH
|
$468.04 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shandong Cynda Chemcial Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,003,780,750 to 1,967,903,236, a change of -35,877,514 (-1.8%).
- Net loss of 25,875,516 reduced equity.
- Dividend payments of 10,936,244 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-25.88 Million | -1.31% |
| Dividends Paid | CN¥10.94 Million | -0.56% |
| Other Changes | CN¥934.25K | +0.05% |
| Total Change | CN¥- | -1.79% |
Book Value vs Market Value Analysis
This analysis compares Shandong Cynda Chemcial 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: 1.62x
- 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 7.78x to 1.62x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥0.95 | CN¥7.37 | x |
| 2012-12-31 | CN¥1.09 | CN¥7.37 | x |
| 2013-12-31 | CN¥1.32 | CN¥7.37 | x |
| 2014-12-31 | CN¥1.70 | CN¥7.37 | x |
| 2015-12-31 | CN¥1.96 | CN¥7.37 | x |
| 2016-12-31 | CN¥2.18 | CN¥7.37 | x |
| 2017-12-31 | CN¥2.80 | CN¥7.37 | x |
| 2018-12-31 | CN¥3.15 | CN¥7.37 | x |
| 2019-12-31 | CN¥3.61 | CN¥7.37 | x |
| 2020-12-31 | CN¥3.95 | CN¥7.37 | x |
| 2021-12-31 | CN¥4.22 | CN¥7.37 | x |
| 2022-12-31 | CN¥5.02 | CN¥7.37 | x |
| 2023-12-31 | CN¥4.62 | CN¥7.37 | x |
| 2024-12-31 | CN¥4.56 | CN¥7.37 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shandong Cynda Chemcial 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): -1.31%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.07%
- • Asset Turnover: 0.64x
- • Equity Multiplier: 1.93x
- Recent ROE (-1.31%) is below the historical average (12.14%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 16.69% | 10.30% | 1.08x | 1.50x | CN¥20.41 Million |
| 2012 | 12.96% | 8.26% | 1.08x | 1.45x | CN¥10.47 Million |
| 2013 | 16.43% | 10.14% | 1.24x | 1.31x | CN¥27.40 Million |
| 2014 | 21.71% | 14.45% | 1.13x | 1.33x | CN¥64.15 Million |
| 2015 | 15.63% | 12.29% | 1.08x | 1.18x | CN¥35.58 Million |
| 2016 | 14.01% | 11.35% | 0.96x | 1.29x | CN¥28.09 Million |
| 2017 | 9.85% | 9.84% | 0.81x | 1.23x | CN¥-1.71 Million |
| 2018 | 18.50% | 15.35% | 0.95x | 1.27x | CN¥115.32 Million |
| 2019 | 13.14% | 13.00% | 0.68x | 1.48x | CN¥48.90 Million |
| 2020 | 10.33% | 9.29% | 0.81x | 1.37x | CN¥5.66 Million |
| 2021 | 9.65% | 8.05% | 0.81x | 1.48x | CN¥-6.41 Million |
| 2022 | 17.52% | 12.19% | 0.93x | 1.54x | CN¥163.57 Million |
| 2023 | -5.20% | -4.23% | 0.74x | 1.66x | CN¥-304.48 Million |
| 2024 | -1.31% | -1.07% | 0.64x | 1.93x | CN¥-222.67 Million |
Industry Comparison
This section compares Shandong Cynda Chemcial Co Ltd's net assets metrics with peer companies in the Agricultural Inputs industry.
Industry Context
- Industry: Agricultural Inputs
- Average net assets among peers: $2,123,924,630
- Average return on equity (ROE) among peers: 11.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shandong Cynda Chemcial Co Ltd (603086) | CN¥2.17 Billion | 16.69% | 0.84x | $468.93 Million |
| Hubei Yihua Chemical Industry Co Ltd (000422) | $7.06 Billion | 11.58% | 2.79x | $2.67 Billion |
| Nanjing Red Sun Co Ltd (000525) | $5.53 Billion | 12.91% | 1.22x | $1.03 Billion |
| ADAMA Ltd (000553) | $2.01 Billion | 45.23% | 0.46x | $2.39 Billion |
| Grand Industrial Holding Co Ltd (000626) | $2.66 Billion | -7.24% | 2.38x | $682.05 Million |
| Sichuan Meifeng Chemical Industry Co Ltd (000731) | $790.66 Million | 10.11% | 0.66x | $572.61 Million |
| Qinghai Salt Lake Industry Co.Ltd (000792) | $138.79 Million | 24.98% | 1.61x | $31.28 Billion |
| Asia Potash International Investment Guangzhou Co Ltd (000893) | $413.91 Million | 8.29% | 1.31x | $7.51 Billion |
| Hubei Xinyangfeng Fertilizer Co Ltd (000902) | $452.01 Million | -10.57% | 1.67x | $2.83 Billion |
| Sichuan Lutianhua Co Ltd (000912) | $1.83 Billion | 8.54% | 0.96x | $1.09 Billion |
| Guangxi Hechi Chemical Co Ltd (000953) | $362.48 Million | 6.90% | 1.25x | $372.35 Million |
About Shandong Cynda Chemcial Co Ltd
Shandong Cynda Chemical Co.,Ltd. engages in the manufacture and sale of chemical pesticides in China. The company offers herbicides, fungicides, and intermediates. It also engages in the wholesale and retail activities; and scientific research and technology businesses, as well as provides technology development and services. The company was founded in 1998 and is headquartered in Jinan, China.