Argus Shanghai Textile Chemicals Co Ltd (603790) - Net Assets
Based on the latest financial reports, Argus Shanghai Textile Chemicals Co Ltd (603790) has net assets worth CN¥1.36 Billion CNY (≈ $199.38 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¥1.80 Billion ≈ $264.12 Million USD) and total liabilities (CN¥442.43 Million ≈ $64.74 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 Argus Shanghai Textile Chemicals Co Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.36 Billion |
| % of Total Assets | 75.49% |
| Annual Growth Rate | 8.34% |
| 5-Year Change | 6.68% |
| 10-Year Change | 144.59% |
| Growth Volatility | 20.03 |
Argus Shanghai Textile Chemicals Co Ltd - Net Assets Trend (2014–2025)
This chart illustrates how Argus Shanghai Textile Chemicals Co Ltd's net assets have evolved over time, based on quarterly financial data. See 603790 days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Argus Shanghai Textile Chemicals Co Ltd (2014–2025)
The table below shows the annual net assets of Argus Shanghai Textile Chemicals Co Ltd from 2014 to 2025. For live valuation and market cap data, see Argus Shanghai Textile Chemicals Co Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.33 Billion ≈ $193.92 Million |
+4.54% |
| 2024-12-31 | CN¥1.27 Billion ≈ $185.50 Million |
-2.08% |
| 2023-12-31 | CN¥1.29 Billion ≈ $189.44 Million |
+2.94% |
| 2022-12-31 | CN¥1.26 Billion ≈ $184.02 Million |
+1.24% |
| 2021-12-31 | CN¥1.24 Billion ≈ $181.77 Million |
+2.20% |
| 2020-12-31 | CN¥1.22 Billion ≈ $177.86 Million |
+1.85% |
| 2019-12-31 | CN¥1.19 Billion ≈ $174.63 Million |
+9.29% |
| 2018-12-31 | CN¥1.09 Billion ≈ $159.78 Million |
+69.02% |
| 2017-12-31 | CN¥646.02 Million ≈ $94.53 Million |
+19.24% |
| 2016-12-31 | CN¥541.79 Million ≈ $79.28 Million |
+10.10% |
| 2015-12-31 | CN¥492.09 Million ≈ $72.01 Million |
-10.41% |
| 2014-12-31 | CN¥549.25 Million ≈ $80.37 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Argus Shanghai Textile Chemicals 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 269.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥747.29 Million | 58.92% |
| Other Components | CN¥520.98 Million | 41.08% |
| Total Equity | CN¥1.27 Billion | 100.00% |
Argus Shanghai Textile Chemicals Co Ltd Competitors by Market Cap
The table below lists competitors of Argus Shanghai Textile Chemicals Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jiangsu Transimage Technology Co Ltd
SHE:002866
|
$761.32 Million |
|
Shaanxi Construction Machinery Co Ltd
SHG:600984
|
$761.53 Million |
|
JDM Jingda Mach(Ningbo)Co Ltd
SHG:603088
|
$761.62 Million |
|
OCI NV
AS:OCI
|
$761.80 Million |
|
Resurs Holding AB
ST:RESURS
|
$760.84 Million |
|
Compass Diversified Holdings
NYSE:CODI
|
$760.64 Million |
|
Guanghui Logistics Co Ltd
SHG:600603
|
$760.58 Million |
|
Guangdong Senssun Weighing Apparatus Group Ltd
SHE:002870
|
$760.32 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Argus Shanghai Textile Chemicals Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,211,201,920 to 1,268,268,180, a change of 57,066,260 (4.7%).
- Net income of 71,997,155 contributed positively to equity growth.
- Dividend payments of 28,094,150 reduced retained earnings.
- Other comprehensive income increased equity by 494,748.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥72.00 Million | +5.68% |
| Dividends Paid | CN¥28.09 Million | -2.22% |
| Other Comprehensive Income | CN¥494.75K | +0.04% |
| Other Changes | CN¥12.67 Million | +1.0% |
| Total Change | CN¥- | 4.71% |
Book Value vs Market Value Analysis
This analysis compares Argus Shanghai Textile Chemicals 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: 4.10x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 8.89x to 4.10x 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¥3.06 | CN¥27.18 | x |
| 2015-12-31 | CN¥3.01 | CN¥27.18 | x |
| 2016-12-31 | CN¥3.50 | CN¥27.18 | x |
| 2017-12-31 | CN¥4.19 | CN¥27.18 | x |
| 2018-12-31 | CN¥6.74 | CN¥27.18 | x |
| 2019-12-31 | CN¥5.84 | CN¥27.18 | x |
| 2020-12-31 | CN¥5.94 | CN¥27.18 | x |
| 2021-12-31 | CN¥6.09 | CN¥27.18 | x |
| 2022-12-31 | CN¥6.28 | CN¥27.18 | x |
| 2023-12-31 | CN¥6.39 | CN¥27.18 | x |
| 2024-12-31 | CN¥6.38 | CN¥27.18 | x |
| 2025-12-31 | CN¥6.63 | CN¥27.18 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Argus Shanghai Textile Chemicals 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): 5.68%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.69%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 1.39x
- Recent ROE (5.68%) is below the historical average (10.21%), 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 | 17.36% | 10.33% | 1.18x | 1.42x | CN¥36.48 Million |
| 2015 | 16.35% | 9.31% | 1.16x | 1.51x | CN¥28.00 Million |
| 2016 | 18.92% | 11.25% | 1.12x | 1.51x | CN¥44.54 Million |
| 2017 | 18.90% | 12.89% | 1.06x | 1.38x | CN¥53.61 Million |
| 2018 | 12.32% | 13.73% | 0.75x | 1.20x | CN¥24.30 Million |
| 2019 | 10.45% | 12.26% | 0.72x | 1.18x | CN¥5.07 Million |
| 2020 | 4.88% | 6.85% | 0.57x | 1.25x | CN¥-57.81 Million |
| 2021 | 5.91% | 7.36% | 0.55x | 1.45x | CN¥-47.38 Million |
| 2022 | 3.50% | 5.37% | 0.47x | 1.38x | CN¥-76.56 Million |
| 2023 | 3.60% | 5.66% | 0.45x | 1.43x | CN¥-77.87 Million |
| 2024 | 4.70% | 6.64% | 0.51x | 1.38x | CN¥-64.18 Million |
| 2025 | 5.68% | 8.69% | 0.47x | 1.39x | CN¥-54.83 Million |
Industry Comparison
This section compares Argus Shanghai Textile Chemicals 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 |
|---|---|---|---|---|
| Argus Shanghai Textile Chemicals Co Ltd (603790) | CN¥1.36 Billion | 17.36% | 0.32x | $761.09 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 Argus Shanghai Textile Chemicals Co Ltd
Argus (Shanghai) Textile Chemicals Co.,Ltd. engages in the research and development, manufacture, and marketing of textile chemicals in China. The company offers dyes for cellulose, polyamide, wool, polyester, and printing; and pre-treatment, dyeing, finishing, and printing auxiliaries. In addition, the company provides technical support and color services. The company also exports its products t… Read more