Suli Co Ltd
Suli Co., Ltd. engages in the research, development, production, and sale of pesticides, flame retardants, and other fine chemical products. It offers chlorothalonil, azoxystrobin, diflubenzuron, fluazinam, cymoxanil, and boscalid technical products; pesticide formulations; and decabromodiphenyl ethane. The company also provides brominated, environment-friendly, and halogen-free flame retardants;… Read more
Suli Co Ltd (603585) - Net Assets
Latest net assets as of September 2025: CN¥3.39 Billion CNY
Based on the latest financial reports, Suli Co Ltd (603585) has net assets worth CN¥3.39 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¥5.63 Billion) and total liabilities (CN¥2.24 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¥3.39 Billion |
| % of Total Assets | 60.25% |
| Annual Growth Rate | 17.65% |
| 5-Year Change | 26.56% |
| 10-Year Change | 336.87% |
| Growth Volatility | 32.96 |
Suli Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Suli 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 Suli Co Ltd (2011–2024)
The table below shows the annual net assets of Suli Co Ltd from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.19 Billion | -0.54% |
| 2023-12-31 | CN¥3.21 Billion | -4.05% |
| 2022-12-31 | CN¥3.34 Billion | +23.80% |
| 2021-12-31 | CN¥2.70 Billion | +7.12% |
| 2020-12-31 | CN¥2.52 Billion | -0.67% |
| 2019-12-31 | CN¥2.54 Billion | +13.43% |
| 2018-12-31 | CN¥2.24 Billion | +18.84% |
| 2017-12-31 | CN¥1.88 Billion | +15.09% |
| 2016-12-31 | CN¥1.64 Billion | +124.01% |
| 2015-12-31 | CN¥730.09 Million | +28.58% |
| 2014-12-31 | CN¥567.81 Million | +22.02% |
| 2013-12-31 | CN¥465.34 Million | +40.38% |
| 2012-12-31 | CN¥331.49 Million | -13.96% |
| 2011-12-31 | CN¥385.25 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Suli 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 1061.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.33 Billion | 53.94% |
| Common Stock | CN¥183.85 Million | 7.46% |
| Other Comprehensive Income | CN¥249.68 Million | 10.13% |
| Other Components | CN¥701.76 Million | 28.47% |
| Total Equity | CN¥2.47 Billion | 100.00% |
Suli Co Ltd Competitors by Market Cap
The table below lists competitors of Suli Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Morrow Bank ASA
OL:MOBA
|
$185.34 Million |
|
Nova Technology
TWO:6613
|
$185.35 Million |
|
DreamTech Co Ltd
KO:192650
|
$185.39 Million |
|
Ive Group Ltd
AU:IGL
|
$185.49 Million |
|
Humble Group AB
ST:HUMBLE
|
$185.29 Million |
|
Amplify Energy Corp
NYSE:AMPY
|
$185.26 Million |
|
Ependion AB
ST:EPEN
|
$185.24 Million |
|
The Anup Engineering Limited
NSE:ANUP
|
$185.19 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Suli Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,480,594,818 to 2,465,062,828, a change of -15,531,990 (-0.6%).
- Net loss of 10,846,972 reduced equity.
- Dividend payments of 54,861,663 reduced retained earnings.
- Other comprehensive income decreased equity by 133,066,820.
- Other factors increased equity by 183,243,465.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-10.85 Million | -0.44% |
| Dividends Paid | CN¥54.86 Million | -2.23% |
| Other Comprehensive Income | CN¥-133.07 Million | -5.4% |
| Other Changes | CN¥183.24 Million | +7.43% |
| Total Change | CN¥- | -0.63% |
Book Value vs Market Value Analysis
This analysis compares Suli 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: 1.63x
- 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 14.71x to 1.63x 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¥1.51 | CN¥22.16 | x |
| 2012-12-31 | CN¥2.08 | CN¥22.16 | x |
| 2013-12-31 | CN¥2.56 | CN¥22.16 | x |
| 2014-12-31 | CN¥3.04 | CN¥22.16 | x |
| 2015-12-31 | CN¥3.93 | CN¥22.16 | x |
| 2016-12-31 | CN¥9.68 | CN¥22.16 | x |
| 2017-12-31 | CN¥8.44 | CN¥22.16 | x |
| 2018-12-31 | CN¥9.76 | CN¥22.16 | x |
| 2019-12-31 | CN¥10.89 | CN¥22.16 | x |
| 2020-12-31 | CN¥11.27 | CN¥22.16 | x |
| 2021-12-31 | CN¥12.25 | CN¥22.16 | x |
| 2022-12-31 | CN¥12.36 | CN¥22.16 | x |
| 2023-12-31 | CN¥13.59 | CN¥22.16 | x |
| 2024-12-31 | CN¥13.64 | CN¥22.16 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Suli 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): -0.44%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.47%
- • Asset Turnover: 0.40x
- • Equity Multiplier: 2.33x
- Recent ROE (-0.44%) is below the historical average (14.84%), 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 | 13.08% | 5.22% | 1.02x | 2.45x | CN¥8.36 Million |
| 2012 | 26.72% | 8.39% | 1.06x | 3.00x | CN¥37.59 Million |
| 2013 | 17.78% | 7.31% | 1.07x | 2.27x | CN¥25.99 Million |
| 2014 | 16.80% | 7.73% | 1.00x | 2.18x | CN¥27.85 Million |
| 2015 | 22.18% | 10.52% | 1.13x | 1.86x | CN¥64.86 Million |
| 2016 | 13.78% | 13.72% | 0.71x | 1.41x | CN¥50.79 Million |
| 2017 | 20.36% | 21.20% | 0.71x | 1.34x | CN¥157.11 Million |
| 2018 | 24.21% | 25.89% | 0.67x | 1.40x | CN¥250.14 Million |
| 2019 | 20.81% | 22.51% | 0.64x | 1.46x | CN¥211.94 Million |
| 2020 | 8.61% | 11.21% | 0.51x | 1.51x | CN¥-28.09 Million |
| 2021 | 10.95% | 10.54% | 0.59x | 1.76x | CN¥20.99 Million |
| 2022 | 12.05% | 10.01% | 0.59x | 2.03x | CN¥53.68 Million |
| 2023 | 0.81% | 1.03% | 0.34x | 2.29x | CN¥-227.98 Million |
| 2024 | -0.44% | -0.47% | 0.40x | 2.33x | CN¥-257.35 Million |
Industry Comparison
This section compares Suli 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 |
|---|---|---|---|---|
| Suli Co Ltd (603585) | CN¥3.39 Billion | 13.08% | 0.66x | $185.34 Million |
| 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 |