Liaoning Dingjide Petrochemical Co. Ltd.
Liaoning Dingjide Petrochemical Co., Ltd. engages in the research, development, production, and sale of polypropylene catalysts, polyethylene catalysts, electron donors, antioxidants, composite antioxidants, and other polyolefin additives in China. The company also offers deacid, antistatic agents, and compound additives. In addition, it exports its products to Asia, Africa, the United States, an… Read more
Liaoning Dingjide Petrochemical Co. Ltd. (603255) - Net Assets
Latest net assets as of June 2025: CN¥2.07 Billion CNY
Based on the latest financial reports, Liaoning Dingjide Petrochemical Co. Ltd. (603255) has net assets worth CN¥2.07 Billion CNY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥5.49 Billion) and total liabilities (CN¥3.42 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¥2.07 Billion |
| % of Total Assets | 37.78% |
| Annual Growth Rate | 35.9% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 37.91 |
Liaoning Dingjide Petrochemical Co. Ltd. - Net Assets Trend (2020–2024)
This chart illustrates how Liaoning Dingjide Petrochemical 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 Liaoning Dingjide Petrochemical Co. Ltd. (2020–2024)
The table below shows the annual net assets of Liaoning Dingjide Petrochemical Co. Ltd. from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.04 Billion | +27.91% |
| 2023-12-31 | CN¥1.59 Billion | +5.72% |
| 2022-12-31 | CN¥1.51 Billion | +104.43% |
| 2021-12-31 | CN¥737.14 Million | +23.40% |
| 2020-12-31 | CN¥597.37 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Liaoning Dingjide Petrochemical 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 107.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥474.83 Million | 30.05% |
| Other Components | CN¥1.11 Billion | 69.95% |
| Total Equity | CN¥1.58 Billion | 100.00% |
Liaoning Dingjide Petrochemical Co. Ltd. Competitors by Market Cap
The table below lists competitors of Liaoning Dingjide Petrochemical Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TortoiseEcofin Acquisition Corp. III
PINK:TRTLF
|
$157.84 Million |
|
Inhwa Precision Co. Ltd
KQ:101930
|
$157.87 Million |
|
Elme Communities
NYSE:ELME
|
$157.91 Million |
|
UTAH MED. PRODS DL-01
F:UTM
|
$157.91 Million |
|
Solstad Offsho
OL:SOFF
|
$157.76 Million |
|
Valor Estate Limited
NSE:DBREALTY
|
$157.76 Million |
|
Flexsteel Industries Inc
NASDAQ:FLXS
|
$157.72 Million |
|
QuantumSi Inc
NASDAQ:QSI
|
$157.71 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Liaoning Dingjide Petrochemical Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,593,222,061 to 1,580,131,866, a change of -13,090,195 (-0.8%).
- Net loss of 12,132,069 reduced equity.
- Dividend payments of 14,425,570 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-12.13 Million | -0.77% |
| Dividends Paid | CN¥14.43 Million | -0.91% |
| Other Changes | CN¥13.47 Million | +0.85% |
| Total Change | CN¥- | -0.82% |
Book Value vs Market Value Analysis
This analysis compares Liaoning Dingjide Petrochemical 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: 2.59x
- 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 5.10x to 2.59x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | CN¥5.97 | CN¥30.45 | x |
| 2021-12-31 | CN¥7.36 | CN¥30.45 | x |
| 2022-12-31 | CN¥11.29 | CN¥30.45 | x |
| 2023-12-31 | CN¥11.85 | CN¥30.45 | x |
| 2024-12-31 | CN¥11.75 | CN¥30.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Liaoning Dingjide Petrochemical 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): -0.77%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.55%
- • Asset Turnover: 0.19x
- • Equity Multiplier: 2.58x
- Recent ROE (-0.77%) is below the historical average (9.18%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 17.25% | 19.52% | 0.54x | 1.64x | CN¥43.34 Million |
| 2021 | 18.28% | 18.24% | 0.63x | 1.59x | CN¥61.00 Million |
| 2022 | 7.31% | 12.24% | 0.51x | 1.17x | CN¥-40.59 Million |
| 2023 | 3.85% | 8.11% | 0.37x | 1.28x | CN¥-97.96 Million |
| 2024 | -0.77% | -1.55% | 0.19x | 2.58x | CN¥-170.15 Million |
Industry Comparison
This section compares Liaoning Dingjide Petrochemical Co. Ltd.'s net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $2,181,046,641
- Average return on equity (ROE) among peers: 5.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Liaoning Dingjide Petrochemical Co. Ltd. (603255) | CN¥2.07 Billion | 17.25% | 1.65x | $157.76 Million |
| Chongqing Sanxia Paints Co Ltd (000565) | $221.32 Million | 10.55% | 0.74x | $286.31 Million |
| Hengyi Petrochemical Co Ltd (000703) | $246.42 Million | -7.64% | 1.62x | $1.42 Billion |
| Guangdong Xinhui Meida Nylon Co Ltd (000782) | $1.24 Billion | 2.83% | 1.13x | $360.02 Million |
| Luxi Chemical Group Co Ltd (000830) | $11.32 Billion | 15.26% | 1.67x | $2.27 Billion |
| China Minmetals Rare Earth Co Ltd (000831) | $2.57 Billion | -2.17% | 0.02x | $5.40 Billion |
| Anhui Guofeng Plastic Industry Co Ltd (000859) | $1.65 Billion | 5.07% | 0.31x | $873.36 Million |
| Cofco Biochemical Anhui Co Ltd (000930) | $3.09 Billion | 1.64% | 1.12x | $797.07 Million |
| Shandong Link Science and Technology Co Ltd (001207) | $76.39 Million | 0.00% | 0.50x | $339.46 Million |
| Zhejiang Bofay Elec Co Ltd (001255) | $742.80 Million | 1.78% | 0.61x | $172.58 Million |
| Guangdong Decro Film New (001378) | $647.89 Million | 29.53% | 0.22x | $237.12 Million |