Shanghai Huide Science & Technology Co Ltd (603192) - Net Assets
Based on the latest financial reports, Shanghai Huide Science & Technology Co Ltd (603192) has net assets worth CN¥2.20 Billion CNY (≈ $321.28 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.92 Billion ≈ $427.09 Million USD) and total liabilities (CN¥723.08 Million ≈ $105.81 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 how tangible is Shanghai Huide Science & Technology Co L's equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.20 Billion |
| % of Total Assets | 75.23% |
| Annual Growth Rate | 13.5% |
| 5-Year Change | 17.32% |
| 10-Year Change | 249.48% |
| Growth Volatility | 30.96 |
Shanghai Huide Science & Technology Co Ltd - Net Assets Trend (2014–2025)
This chart illustrates how Shanghai Huide Science & Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. See Shanghai Huide Science & Technology Co L defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Shanghai Huide Science & Technology Co Ltd (2014–2025)
The table below shows the annual net assets of Shanghai Huide Science & Technology Co Ltd from 2014 to 2025. For live valuation and market cap data, see how much is Shanghai Huide Science & Technology Co L worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.60 Billion ≈ $234.70 Million |
+3.33% |
| 2024-12-31 | CN¥1.55 Billion ≈ $227.13 Million |
+7.57% |
| 2023-12-31 | CN¥1.44 Billion ≈ $211.15 Million |
+3.38% |
| 2022-12-31 | CN¥1.40 Billion ≈ $204.24 Million |
+2.09% |
| 2021-12-31 | CN¥1.37 Billion ≈ $200.05 Million |
+5.88% |
| 2020-12-31 | CN¥1.29 Billion ≈ $188.95 Million |
+6.90% |
| 2019-12-31 | CN¥1.21 Billion ≈ $176.75 Million |
+8.16% |
| 2018-12-31 | CN¥1.12 Billion ≈ $163.42 Million |
+110.66% |
| 2017-12-31 | CN¥530.13 Million ≈ $77.57 Million |
+15.51% |
| 2016-12-31 | CN¥458.93 Million ≈ $67.16 Million |
+26.88% |
| 2015-12-31 | CN¥361.70 Million ≈ $52.93 Million |
-9.17% |
| 2014-12-31 | CN¥398.20 Million ≈ $58.27 Million |
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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 272.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥669.69 Million | 41.75% |
| Other Components | CN¥934.17 Million | 58.25% |
| Total Equity | CN¥1.60 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.
| Company | Market Cap |
|---|---|
|
Zhanjiang Guolian Aquatic Products
SHE:300094
|
$437.48 Million |
|
Vishnu Chemicals Limited
NSE:VISHNU
|
$437.52 Million |
|
VALNEVA SE SP.ADS/2
F:AYJ0
|
$438.08 Million |
|
SUNSEA Telecommunications Co Ltd
SHE:002313
|
$438.29 Million |
|
Hunan Haili Chemical Co Ltd
SHG:600731
|
$437.42 Million |
|
KAISA JiaYun Technology Inc
SHE:300242
|
$437.35 Million |
|
Forth Corporation Public Company Limited
BK:FORTH
|
$437.32 Million |
|
GWA Group Ltd
AU:GWA
|
$437.22 Million |
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 2024 to 2025, total equity changed from 1,552,128,788 to 1,603,859,714, a change of 51,730,926 (3.3%).
- Net income of 81,289,194 contributed positively to equity growth.
- Dividend payments of 53,907,849 reduced retained earnings.
- Other factors increased equity by 24,349,582.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥81.29 Million | +5.07% |
| Dividends Paid | CN¥53.91 Million | -3.36% |
| Other Changes | CN¥24.35 Million | +1.52% |
| Total Change | CN¥- | 3.33% |
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: 1.58x
- 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 3.64x to 1.58x 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¥17.88 | x |
| 2015-12-31 | CN¥4.46 | CN¥17.88 | x |
| 2016-12-31 | CN¥4.35 | CN¥17.88 | x |
| 2017-12-31 | CN¥5.05 | CN¥17.88 | x |
| 2018-12-31 | CN¥9.67 | CN¥17.88 | x |
| 2019-12-31 | CN¥8.72 | CN¥17.88 | x |
| 2020-12-31 | CN¥9.28 | CN¥17.88 | x |
| 2021-12-31 | CN¥9.82 | CN¥17.88 | x |
| 2022-12-31 | CN¥11.38 | CN¥17.88 | x |
| 2023-12-31 | CN¥10.39 | CN¥17.88 | x |
| 2024-12-31 | CN¥11.21 | CN¥17.88 | x |
| 2025-12-31 | CN¥11.31 | CN¥17.88 | 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): 5.07%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.29%
- • Asset Turnover: 1.07x
- • Equity Multiplier: 1.44x
- Recent ROE (5.07%) is below the historical average (10.91%), 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 | 14.92% | 4.72% | 1.20x | 2.63x | CN¥17.59 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 |
| 2025 | 5.07% | 3.29% | 1.07x | 1.44x | CN¥-79.10 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: $3,574,587,449
- Average return on equity (ROE) among peers: 9.26%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shanghai Huide Science & Technology Co Ltd (603192) | CN¥2.20 Billion | 11.92% | 0.33x | $437.45 Million |
| Chongqing Sanxia Paints Co Ltd (000565) | $351.19 Million | 0.65% | 0.36x | $390.84 Million |
| Hengyi Petrochemical Co Ltd (000703) | $246.42 Million | -7.64% | 1.62x | $6.57 Billion |
| Guangdong Xinhui Meida Nylon Co Ltd (000782) | $989.28 Million | 9.64% | 1.17x | $737.44 Million |
| Luxi Chemical Group Co Ltd (000830) | $17.02 Billion | 4.81% | 1.07x | $3.51 Billion |
| China Minmetals Rare Earth Co Ltd (000831) | $3.12 Billion | 24.63% | 0.08x | $9.61 Billion |
| Anhui Guofeng Plastic Industry Co Ltd (000859) | $1.08 Billion | 0.46% | 0.67x | $1.50 Billion |
| Cofco Biochemical Anhui Co Ltd (000930) | $10.20 Billion | 5.81% | 0.68x | $1.27 Billion |
| Shandong Link Science and Technology Co Ltd (001207) | $268.26 Million | 17.39% | 2.70x | $751.43 Million |
| Zhejiang Transfar Co Ltd (002010) | $104.13 Million | 34.21% | 0.82x | $1.98 Billion |
| Poly Union Chemical Holding Group Co Ltd (002037) | $2.36 Billion | 2.62% | 2.10x | $468.74 Million |
About Shanghai Huide Science & Technology Co Ltd
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