Shanghai Huide Science & Technology Co Ltd

SHG:603192 China Specialty Chemicals
Market Cap
$501.35 Million
CN¥3.68 Billion CNY
Market Cap Rank
#17405 Global
#4533 in China
Share Price
CN¥25.95
Change (1 day)
+0.23%
52-Week Range
CN¥14.97 - CN¥35.75
All Time High
CN¥44.70
About

Shanghai Huide Science & Technology Co.,Ltd engages in the research, production, sale, and service of polyurethane resin for leather and polyurethane elastomer related products in China and internationally. It also provides polyester polyol, polyurethane stock, waterborne polyurethane, polyurethane adhesive potting adhesive, and thermoplastic polyurethane elastomer, as well as new energy vehicle … Read more

Shanghai Huide Science & Technology Co Ltd (603192) - Net Assets

Latest net assets as of September 2025: CN¥1.59 Billion CNY

Based on the latest financial reports, Shanghai Huide Science & Technology Co Ltd (603192) has net assets worth CN¥1.59 Billion 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¥2.28 Billion) and total liabilities (CN¥682.27 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¥1.59 Billion
% of Total Assets 70.03%
Annual Growth Rate 14.57%
5-Year Change 20.2%
10-Year Change 329.12%
Growth Volatility 32.17

Shanghai Huide Science & Technology Co Ltd - Net Assets Trend (2014–2024)

This chart illustrates how Shanghai Huide Science & Technology 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 Shanghai Huide Science & Technology Co Ltd (2014–2024)

The table below shows the annual net assets of Shanghai Huide Science & Technology Co Ltd from 2014 to 2024.

Year Net Assets Change
2024-12-31 CN¥1.55 Billion +7.57%
2023-12-31 CN¥1.44 Billion +3.38%
2022-12-31 CN¥1.40 Billion +2.09%
2021-12-31 CN¥1.37 Billion +5.88%
2020-12-31 CN¥1.29 Billion +6.90%
2019-12-31 CN¥1.21 Billion +8.16%
2018-12-31 CN¥1.12 Billion +110.66%
2017-12-31 CN¥530.13 Million +15.51%
2016-12-31 CN¥458.93 Million +26.88%
2015-12-31 CN¥361.70 Million -9.17%
2014-12-31 CN¥398.20 Million --

Equity Component Analysis

This analysis shows how different components contribute to Shanghai Huide Science & Technology 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 254.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥638.25 Million 41.12%
Common Stock CN¥141.15 Million 9.09%
Other Components CN¥772.72 Million 49.78%
Total Equity CN¥1.55 Billion 100.00%

Shanghai Huide Science & Technology Co Ltd Competitors by Market Cap

The table below lists competitors of Shanghai Huide Science & Technology Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Shanghai Huide Science & Technology Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,442,964,403 to 1,552,128,788, a change of 109,164,385 (7.6%).
  • Net income of 124,559,757 contributed positively to equity growth.
  • Dividend payments of 25,593,857 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥124.56 Million +8.03%
Dividends Paid CN¥25.59 Million -1.65%
Other Changes CN¥10.20 Million +0.66%
Total Change CN¥- 7.57%

Book Value vs Market Value Analysis

This analysis compares Shanghai Huide Science & Technology 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: 2.31x
  • 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 5.28x to 2.31x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2014-12-31 CN¥4.92 CN¥25.95 x
2015-12-31 CN¥4.46 CN¥25.95 x
2016-12-31 CN¥4.35 CN¥25.95 x
2017-12-31 CN¥5.05 CN¥25.95 x
2018-12-31 CN¥9.67 CN¥25.95 x
2019-12-31 CN¥8.71 CN¥25.95 x
2020-12-31 CN¥9.31 CN¥25.95 x
2021-12-31 CN¥9.86 CN¥25.95 x
2022-12-31 CN¥10.07 CN¥25.95 x
2023-12-31 CN¥10.41 CN¥25.95 x
2024-12-31 CN¥11.21 CN¥25.95 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shanghai Huide Science & Technology 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): 8.03%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 4.66%
  • • Asset Turnover: 1.19x
  • • Equity Multiplier: 1.44x
  • Recent ROE (8.03%) is below the historical average (10.82%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2014 11.92% 3.17% 1.29x 2.92x CN¥7.56 Million
2015 8.07% 2.55% 1.20x 2.63x CN¥-6.91 Million
2016 21.56% 8.34% 1.11x 2.32x CN¥52.53 Million
2017 21.03% 7.73% 1.27x 2.13x CN¥57.79 Million
2018 10.34% 7.25% 0.97x 1.46x CN¥3.78 Million
2019 10.94% 9.18% 0.84x 1.41x CN¥11.37 Million
2020 9.62% 8.29% 0.74x 1.56x CN¥-4.90 Million
2021 8.62% 3.69% 1.24x 1.88x CN¥-18.88 Million
2022 4.44% 2.05% 1.32x 1.64x CN¥-77.66 Million
2023 4.43% 2.36% 1.16x 1.62x CN¥-80.42 Million
2024 8.03% 4.66% 1.19x 1.44x CN¥-30.65 Million

Industry Comparison

This section compares Shanghai Huide Science & Technology Co Ltd's net assets metrics with peer companies in the Specialty Chemicals industry.

Industry Context

  • Industry: Specialty Chemicals
  • Average net assets among peers: $1,775,158,628
  • Average return on equity (ROE) among peers: -19.15%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shanghai Huide Science & Technology Co Ltd (603192) CN¥1.59 Billion 11.92% 0.43x $121.29 Million
Chongqing Sanxia Paints Co Ltd (000565) $390.80 Million 1.64% 0.47x $289.82 Million
Hengyi Petrochemical Co Ltd (000703) $246.42 Million -7.64% 1.62x $1.44 Billion
Guangdong Xinhui Meida Nylon Co Ltd (000782) $472.56 Million 10.49% 1.13x $361.89 Million
Luxi Chemical Group Co Ltd (000830) $120.60 Million 41.32% 1.30x $2.28 Billion
China Minmetals Rare Earth Co Ltd (000831) $234.51 Million -303.65% 8.65x $5.40 Billion
Anhui Guofeng Plastic Industry Co Ltd (000859) $2.70 Billion 10.47% 0.21x $884.45 Million
Cofco Biochemical Anhui Co Ltd (000930) $11.76 Billion 9.61% 0.54x $815.97 Million
Shandong Link Science and Technology Co Ltd (001207) $441.43 Million 14.99% 1.14x $330.19 Million
Zhejiang Bofay Elec Co Ltd (001255) $742.80 Million 1.78% 0.61x $169.49 Million
Guangdong Decro Film New (001378) $647.89 Million 29.53% 0.22x $241.78 Million