Xinfengming Group Co Ltd

SHG:603225 China Chemicals
Market Cap
$3.76 Billion
CN¥27.62 Billion CNY
Market Cap Rank
#6705 Global
#1053 in China
Share Price
CN¥17.90
Change (1 day)
-1.65%
52-Week Range
CN¥10.05 - CN¥22.40
All Time High
CN¥24.55
About

Xinfengming Group Co., Ltd. researches, develops, produces, and sells polyester filaments. The company also produces and sells purified terephthalic acid (PTA). Its products consists PTA, polyester pre-oriented yarn, fully drawn yarn, draw textured yarn, staple fiber, polyester chips, and recycled polyester for use in clothing, home textiles, industrial textiles, and other fields. Xinfengming Gro… Read more

Xinfengming Group Co Ltd (603225) - Net Assets

Latest net assets as of September 2025: CN¥17.82 Billion CNY

Based on the latest financial reports, Xinfengming Group Co Ltd (603225) has net assets worth CN¥17.82 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¥59.98 Billion) and total liabilities (CN¥42.16 Billion). 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¥17.82 Billion
% of Total Assets 29.71%
Annual Growth Rate 22.35%
5-Year Change 43.45%
10-Year Change 560.88%
Growth Volatility 27.52

Xinfengming Group Co Ltd - Net Assets Trend (2009–2024)

This chart illustrates how Xinfengming Group 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 Xinfengming Group Co Ltd (2009–2024)

The table below shows the annual net assets of Xinfengming Group Co Ltd from 2009 to 2024.

Year Net Assets Change
2024-12-31 CN¥17.28 Billion +2.85%
2023-12-31 CN¥16.80 Billion +6.99%
2022-12-31 CN¥15.70 Billion -4.41%
2021-12-31 CN¥16.42 Billion +36.39%
2020-12-31 CN¥12.04 Billion +3.28%
2019-12-31 CN¥11.66 Billion +41.47%
2018-12-31 CN¥8.24 Billion +25.64%
2017-12-31 CN¥6.56 Billion +95.85%
2016-12-31 CN¥3.35 Billion +28.14%
2015-12-31 CN¥2.61 Billion +2.90%
2014-12-31 CN¥2.54 Billion +13.88%
2013-12-31 CN¥2.23 Billion +1.32%
2012-12-31 CN¥2.20 Billion +5.33%
2011-12-31 CN¥2.09 Billion +53.61%
2010-12-31 CN¥1.36 Billion +62.35%
2009-12-31 CN¥838.10 Million --

Equity Component Analysis

This analysis shows how different components contribute to Xinfengming Group 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 2025.3% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥9.81 Billion 56.88%
Common Stock CN¥1.52 Billion 8.84%
Other Comprehensive Income CN¥728.18 Million 4.22%
Other Components CN¥5.19 Billion 30.07%
Total Equity CN¥17.26 Billion 100.00%

Xinfengming Group Co Ltd Competitors by Market Cap

The table below lists competitors of Xinfengming Group Co Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Xinfengming Group Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 16,795,663,161 to 17,256,706,218, a change of 461,043,057 (2.7%).
  • Net income of 1,100,475,757 contributed positively to equity growth.
  • Dividend payments of 1,177,638,443 reduced retained earnings.
  • Share repurchases of 278,744,629 reduced equity.
  • Other comprehensive income increased equity by 728,176,830.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥1.10 Billion +6.38%
Dividends Paid CN¥1.18 Billion -6.82%
Share Repurchases CN¥278.74 Million -1.62%
Other Comprehensive Income CN¥728.18 Million +4.22%
Other Changes CN¥88.77 Million +0.51%
Total Change CN¥- 2.75%

Book Value vs Market Value Analysis

This analysis compares Xinfengming Group 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: 1.55x
  • 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 7.79x to 1.55x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2009-12-31 CN¥2.30 CN¥17.90 x
2010-12-31 CN¥3.68 CN¥17.90 x
2011-12-31 CN¥4.50 CN¥17.90 x
2012-12-31 CN¥1.76 CN¥17.90 x
2013-12-31 CN¥1.79 CN¥17.90 x
2014-12-31 CN¥2.09 CN¥17.90 x
2015-12-31 CN¥2.32 CN¥17.90 x
2016-12-31 CN¥3.01 CN¥17.90 x
2017-12-31 CN¥6.36 CN¥17.90 x
2018-12-31 CN¥6.83 CN¥17.90 x
2019-12-31 CN¥9.39 CN¥17.90 x
2020-12-31 CN¥8.70 CN¥17.90 x
2021-12-31 CN¥11.37 CN¥17.90 x
2022-12-31 CN¥10.41 CN¥17.90 x
2023-12-31 CN¥11.13 CN¥17.90 x
2024-12-31 CN¥11.52 CN¥17.90 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Xinfengming Group 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): 6.38%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 1.64%
  • • Asset Turnover: 1.26x
  • • Equity Multiplier: 3.07x
  • Recent ROE (6.38%) is below the historical average (14.78%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2009 21.53% 3.18% 2.40x 2.82x CN¥77.07 Million
2010 38.28% 6.22% 2.05x 3.00x CN¥303.26 Million
2011 33.07% 4.74% 3.49x 2.00x CN¥391.81 Million
2012 9.69% 1.86% 2.24x 2.32x CN¥-5.71 Million
2013 1.98% 0.28% 1.91x 3.65x CN¥-147.94 Million
2014 13.69% 1.97% 2.07x 3.35x CN¥78.56 Million
2015 12.76% 2.08% 1.69x 3.64x CN¥65.79 Million
2016 23.54% 4.19% 2.03x 2.77x CN¥420.75 Million
2017 22.81% 6.52% 2.08x 1.68x CN¥840.55 Million
2018 17.26% 4.36% 1.90x 2.08x CN¥598.81 Million
2019 11.60% 3.96% 1.49x 1.96x CN¥187.01 Million
2020 5.01% 1.63% 1.30x 2.36x CN¥-601.20 Million
2021 13.72% 5.03% 1.19x 2.28x CN¥611.53 Million
2022 -1.31% -0.40% 1.23x 2.63x CN¥-1.78 Billion
2023 6.47% 1.77% 1.36x 2.69x CN¥-593.41 Million
2024 6.38% 1.64% 1.26x 3.07x CN¥-625.19 Million

Industry Comparison

This section compares Xinfengming Group Co Ltd's net assets metrics with peer companies in the Chemicals industry.

Industry Context

  • Industry: Chemicals
  • Average net assets among peers: $2,626,916,213
  • Average return on equity (ROE) among peers: 12.41%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Xinfengming Group Co Ltd (603225) CN¥17.82 Billion 21.53% 2.37x $1.17 Billion
North Huajin Chemical Industries Co Ltd (000059) $6.22 Billion 3.15% 2.45x $677.73 Million
Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) $1.22 Billion 8.90% 0.47x $2.89 Billion
Zangge Holding Co Ltd (000408) $13.85 Billion 18.63% 0.09x $11.87 Billion
Sichuan Jinlu Group Co Ltd (000510) $31.03 Million 11.65% 3.42x $1.15 Billion
Jilin Gpro Titanium Industry Co Ltd (000545) $258.76 Million 6.78% 0.30x $423.89 Million
Aoyuan Beauty Valley Technology Co Ltd (000615) $54.68 Million 39.27% 1.16x $225.85 Million
Ningxia Younglight Chemicals Co Ltd (000635) $184.46 Million 13.30% 2.58x $295.21 Million
Maoming Petro-Chemical Shihua Co Ltd (000637) $691.87 Million 1.61% 0.02x $187.22 Million
Shenyang Chemical Industry Co Ltd (000698) $3.01 Billion 7.14% 1.28x $240.44 Million
Hubei Shuanghuan Science and Technology Stock Co Ltd (000707) $759.12 Million 13.65% 0.22x $412.94 Million