Shanghai Originaldow Advanced
Shenzhen Original Advanced Compounds Co., Ltd. engages in the research and development, production, and sale of polymer materials in the China and internationally. The company provides polyolefin polymer materials for optical communication cables and optical cables, as well as electrical equipment wires; and insulating polymer materials for power cables in power grid systems. It also offers semic… Read more
Shanghai Originaldow Advanced (603991) - Net Assets
Latest net assets as of September 2025: CN¥238.15 Million CNY
Based on the latest financial reports, Shanghai Originaldow Advanced (603991) has net assets worth CN¥238.15 Million 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¥568.89 Million) and total liabilities (CN¥330.74 Million). 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¥238.15 Million |
| % of Total Assets | 41.86% |
| Annual Growth Rate | 13.62% |
| 5-Year Change | -26.36% |
| 10-Year Change | 30.91% |
| Growth Volatility | 72.95 |
Shanghai Originaldow Advanced - Net Assets Trend (2012–2024)
This chart illustrates how Shanghai Originaldow Advanced's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Shanghai Originaldow Advanced (2012–2024)
The table below shows the annual net assets of Shanghai Originaldow Advanced from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥273.21 Million | -6.13% |
| 2023-12-31 | CN¥291.06 Million | -3.23% |
| 2022-12-31 | CN¥300.77 Million | -5.30% |
| 2021-12-31 | CN¥317.59 Million | -14.40% |
| 2020-12-31 | CN¥371.02 Million | -11.47% |
| 2019-12-31 | CN¥419.09 Million | -14.13% |
| 2018-12-31 | CN¥488.07 Million | +5.80% |
| 2017-12-31 | CN¥461.32 Million | +87.41% |
| 2016-12-31 | CN¥246.15 Million | +17.95% |
| 2015-12-31 | CN¥208.70 Million | +19.23% |
| 2014-12-31 | CN¥175.03 Million | +250.40% |
| 2013-12-31 | CN¥49.95 Million | -15.33% |
| 2012-12-31 | CN¥59.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shanghai Originaldow Advanced'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 decreased by 772.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥74.53 Million | 33.01% |
| Other Comprehensive Income | CN¥17.34 Million | 7.68% |
| Other Components | CN¥247.64 Million | 109.67% |
| Total Equity | CN¥225.81 Million | 100.00% |
Shanghai Originaldow Advanced Competitors by Market Cap
The table below lists competitors of Shanghai Originaldow Advanced ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Geron Corporation
NASDAQ:GERN
|
$868.81 Million |
|
Fujian Longma Envi Sanitation
SHG:603686
|
$869.10 Million |
|
Elders Limited
F:FTZ
|
$869.15 Million |
|
STARLUX Airlines Co. Ltd.
TWO:2646
|
$869.57 Million |
|
Canadian Solar Inc
NASDAQ:CSIQ
|
$868.69 Million |
|
MasterBrand Inc.
NYSE:MBC
|
$868.53 Million |
|
Via Transportation, Inc.
NASDAQ:VIA
|
$868.44 Million |
|
Bank of Qingdao Co. Ltd
F:4BQ
|
$867.69 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shanghai Originaldow Advanced's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 256,341,831 to 225,808,051, a change of -30,533,780 (-11.9%).
- Net loss of 30,533,780 reduced equity.
- Dividend payments of 9,872,082 reduced retained earnings.
- Other factors increased equity by 9,872,082.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-30.53 Million | -13.52% |
| Dividends Paid | CN¥9.87 Million | -4.37% |
| Other Changes | CN¥9.87 Million | +4.37% |
| Total Change | CN¥- | -11.91% |
Book Value vs Market Value Analysis
This analysis compares Shanghai Originaldow Advanced'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: 33.26x
- 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 66.37x to 33.26x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | CN¥1.52 | CN¥100.77 | x |
| 2013-12-31 | CN¥1.29 | CN¥100.77 | x |
| 2014-12-31 | CN¥4.25 | CN¥100.77 | x |
| 2015-12-31 | CN¥3.72 | CN¥100.77 | x |
| 2016-12-31 | CN¥4.40 | CN¥100.77 | x |
| 2017-12-31 | CN¥6.56 | CN¥100.77 | x |
| 2018-12-31 | CN¥6.56 | CN¥100.77 | x |
| 2019-12-31 | CN¥5.62 | CN¥100.77 | x |
| 2020-12-31 | CN¥4.98 | CN¥100.77 | x |
| 2021-12-31 | CN¥4.26 | CN¥100.77 | x |
| 2022-12-31 | CN¥4.04 | CN¥100.77 | x |
| 2023-12-31 | CN¥3.44 | CN¥100.77 | x |
| 2024-12-31 | CN¥3.03 | CN¥100.77 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shanghai Originaldow Advanced 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): -13.52%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -8.38%
- • Asset Turnover: 0.57x
- • Equity Multiplier: 2.82x
- Recent ROE (-13.52%) is below the historical average (3.46%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 19.10% | 7.35% | 0.96x | 2.72x | CN¥5.37 Million |
| 2013 | 41.95% | 9.57% | 1.07x | 4.11x | CN¥15.96 Million |
| 2014 | 17.19% | 11.04% | 0.92x | 1.70x | CN¥12.58 Million |
| 2015 | 16.13% | 11.19% | 0.76x | 1.89x | CN¥12.79 Million |
| 2016 | 15.22% | 10.67% | 0.75x | 1.89x | CN¥12.84 Million |
| 2017 | 8.23% | 8.88% | 0.65x | 1.42x | CN¥-8.17 Million |
| 2018 | 7.01% | 6.00% | 0.70x | 1.67x | CN¥-14.60 Million |
| 2019 | -13.61% | -12.35% | 0.67x | 1.65x | CN¥-98.96 Million |
| 2020 | -12.96% | -15.44% | 0.54x | 1.54x | CN¥-85.18 Million |
| 2021 | -16.82% | -41.70% | 0.30x | 1.35x | CN¥-85.19 Million |
| 2022 | -5.59% | -12.99% | 0.32x | 1.34x | CN¥-46.90 Million |
| 2023 | -17.33% | -18.55% | 0.40x | 2.34x | CN¥-70.06 Million |
| 2024 | -13.52% | -8.38% | 0.57x | 2.82x | CN¥-53.11 Million |
Industry Comparison
This section compares Shanghai Originaldow Advanced's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $1,775,158,628
- Average return on equity (ROE) among peers: -19.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shanghai Originaldow Advanced (603991) | CN¥238.15 Million | 19.10% | 1.39x | $868.78 Million |
| Chongqing Sanxia Paints Co Ltd (000565) | $390.80 Million | 1.64% | 0.47x | $289.82 Million |
| Hengyi Petrochemical Co Ltd (000703) | $246.42 Million | -7.64% | 1.62x | $1.44 Billion |
| Guangdong Xinhui Meida Nylon Co Ltd (000782) | $472.56 Million | 10.49% | 1.13x | $361.89 Million |
| Luxi Chemical Group Co Ltd (000830) | $120.60 Million | 41.32% | 1.30x | $2.28 Billion |
| China Minmetals Rare Earth Co Ltd (000831) | $234.51 Million | -303.65% | 8.65x | $5.40 Billion |
| Anhui Guofeng Plastic Industry Co Ltd (000859) | $2.70 Billion | 10.47% | 0.21x | $884.45 Million |
| Cofco Biochemical Anhui Co Ltd (000930) | $11.76 Billion | 9.61% | 0.54x | $815.97 Million |
| Shandong Link Science and Technology Co Ltd (001207) | $441.43 Million | 14.99% | 1.14x | $330.19 Million |
| Zhejiang Bofay Elec Co Ltd (001255) | $742.80 Million | 1.78% | 0.61x | $169.49 Million |
| Guangdong Decro Film New (001378) | $647.89 Million | 29.53% | 0.22x | $241.78 Million |