Hangzhou Juheshun New Material Co Ltd (605166) - Net Assets
Based on the latest financial reports, Hangzhou Juheshun New Material Co Ltd (605166) has net assets worth CN¥2.18 Billion CNY (≈ $319.53 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥5.72 Billion ≈ $837.34 Million USD) and total liabilities (CN¥3.54 Billion ≈ $517.81 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 how resilient are Hangzhou Juheshun New Material Co Ltd's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.18 Billion |
| % of Total Assets | 38.16% |
| Annual Growth Rate | 29.74% |
| 5-Year Change | 61.68% |
| 10-Year Change | N/A |
| Growth Volatility | 41.71 |
Hangzhou Juheshun New Material Co Ltd - Net Assets Trend (2015–2024)
This chart illustrates how Hangzhou Juheshun New Material Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 605166 total assets for the complete picture of this company's asset base.
Annual Net Assets for Hangzhou Juheshun New Material Co Ltd (2015–2024)
The table below shows the annual net assets of Hangzhou Juheshun New Material Co Ltd from 2015 to 2024. For live valuation and market cap data, see market value of Hangzhou Juheshun New Material Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.20 Billion ≈ $322.41 Million |
+14.41% |
| 2023-12-31 | CN¥1.93 Billion ≈ $281.82 Million |
+8.49% |
| 2022-12-31 | CN¥1.78 Billion ≈ $259.76 Million |
+13.07% |
| 2021-12-31 | CN¥1.57 Billion ≈ $229.72 Million |
+15.19% |
| 2020-12-31 | CN¥1.36 Billion ≈ $199.42 Million |
+143.85% |
| 2019-12-31 | CN¥558.87 Million ≈ $81.78 Million |
+21.85% |
| 2018-12-31 | CN¥458.66 Million ≈ $67.12 Million |
+63.95% |
| 2017-12-31 | CN¥279.76 Million ≈ $40.94 Million |
+14.00% |
| 2016-12-31 | CN¥245.41 Million ≈ $35.91 Million |
+16.06% |
| 2015-12-31 | CN¥211.44 Million ≈ $30.94 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Hangzhou Juheshun New Material 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 95897931700.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥952.64 Million | 49.53% |
| Common Stock | CN¥315.57 Million | 16.41% |
| Other Comprehensive Income | CN¥152.63 Million | 7.93% |
| Other Components | CN¥502.62 Million | 26.13% |
| Total Equity | CN¥1.92 Billion | 100.00% |
Hangzhou Juheshun New Material Co Ltd Competitors by Market Cap
The table below lists competitors of Hangzhou Juheshun New Material Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tianjin Binhai Energy & Development Co Ltd
SHE:000695
|
$538.87 Million |
|
Maanshan Iron & Steel Company Limited
F:YM9A
|
$538.91 Million |
|
NRJ Group
PA:NRG
|
$538.93 Million |
|
Olympic Steel Inc
NASDAQ:ZEUS
|
$538.98 Million |
|
Liberty Gold Corp
TO:LGD
|
$538.84 Million |
|
Shanghai Kindly Entrp Dvlp Grp
SHG:603987
|
$538.81 Million |
|
Bel Fuse A Inc
NASDAQ:BELFA
|
$538.74 Million |
|
Jamna Auto Industries Limited
NSE:JAMNAAUTO
|
$538.66 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hangzhou Juheshun New Material Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,711,254,116 to 1,923,464,729, a change of 212,210,613 (12.4%).
- Net income of 300,304,358 contributed positively to equity growth.
- Dividend payments of 99,372,969 reduced retained earnings.
- Other comprehensive income increased equity by 152,626,365.
- Other factors decreased equity by 141,347,141.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥300.30 Million | +15.61% |
| Dividends Paid | CN¥99.37 Million | -5.17% |
| Other Comprehensive Income | CN¥152.63 Million | +7.93% |
| Other Changes | CN¥-141.35 Million | -7.35% |
| Total Change | CN¥- | 12.40% |
Book Value vs Market Value Analysis
This analysis compares Hangzhou Juheshun New Material 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: 2.22x
- 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 12.16x to 2.22x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | CN¥0.96 | CN¥11.70 | x |
| 2016-12-31 | CN¥1.16 | CN¥11.70 | x |
| 2017-12-31 | CN¥1.32 | CN¥11.70 | x |
| 2018-12-31 | CN¥2.05 | CN¥11.70 | x |
| 2019-12-31 | CN¥2.42 | CN¥11.70 | x |
| 2020-12-31 | CN¥3.70 | CN¥11.70 | x |
| 2021-12-31 | CN¥4.35 | CN¥11.70 | x |
| 2022-12-31 | CN¥5.01 | CN¥11.70 | x |
| 2023-12-31 | CN¥5.39 | CN¥11.70 | x |
| 2024-12-31 | CN¥5.27 | CN¥11.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hangzhou Juheshun New Material 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): 15.61%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.19%
- • Asset Turnover: 1.18x
- • Equity Multiplier: 3.17x
- Recent ROE (15.61%) is above the historical average (14.35%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -1.05% | -0.57% | 0.84x | 2.21x | CN¥-23.37 Million |
| 2016 | 13.84% | 3.94% | 1.57x | 2.24x | CN¥9.43 Million |
| 2017 | 21.96% | 4.72% | 2.22x | 2.09x | CN¥33.47 Million |
| 2018 | 20.97% | 4.75% | 2.44x | 1.81x | CN¥50.31 Million |
| 2019 | 17.93% | 4.13% | 2.22x | 1.96x | CN¥44.33 Million |
| 2020 | 9.93% | 4.52% | 1.12x | 1.96x | CN¥-853.77K |
| 2021 | 17.50% | 4.45% | 1.57x | 2.50x | CN¥103.03 Million |
| 2022 | 15.32% | 4.01% | 1.51x | 2.53x | CN¥84.12 Million |
| 2023 | 11.50% | 3.27% | 1.28x | 2.74x | CN¥25.59 Million |
| 2024 | 15.61% | 4.19% | 1.18x | 3.17x | CN¥107.96 Million |
Industry Comparison
This section compares Hangzhou Juheshun New Material Co Ltd's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $757,076,135
- Average return on equity (ROE) among peers: 17.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hangzhou Juheshun New Material Co Ltd (605166) | CN¥2.18 Billion | -1.05% | 1.62x | $538.85 Million |
| Chongqing Sanxia Paints Co Ltd (000565) | $132.89 Million | 13.77% | 0.98x | $508.22 Million |
| Hengyi Petrochemical Co Ltd (000703) | $187.55 Million | -10.77% | 0.62x | $9.61 Billion |
| Guangdong Xinhui Meida Nylon Co Ltd (000782) | $1.24 Billion | 2.83% | 1.13x | $754.52 Million |
| Luxi Chemical Group Co Ltd (000830) | $2.59 Billion | 8.19% | 3.36x | $4.71 Billion |
| China Minmetals Rare Earth Co Ltd (000831) | $92.67 Million | 58.60% | 2.88x | $8.64 Billion |
| Anhui Guofeng Plastic Industry Co Ltd (000859) | $158.61 Million | 29.32% | 1.96x | $1.21 Billion |
| Cofco Biochemical Anhui Co Ltd (000930) | $98.99 Million | 29.63% | 2.11x | $1.62 Billion |
| Shandong Link Science and Technology Co Ltd (001207) | $1.77 Billion | 9.55% | 0.33x | $583.32 Million |
| Zhejiang Transfar Co Ltd (002010) | $516.04 Million | 15.39% | 0.20x | $2.36 Billion |
| Poly Union Chemical Holding Group Co Ltd (002037) | $790.80 Million | 14.23% | 1.34x | $604.70 Million |
About Hangzhou Juheshun New Material Co Ltd
Juheshun Advanced Material Co., Ltd., together with its subsidiaries, engages in the research and development, manufacture, and sale of polyamide-6 chips in China, Europe, South America, Oceania, Southeast Asia, and internationally. The company offers fiber-grade chips, engineering plastic-grade chips, film-grade chips, and specialty nylon products. Its products are used in the production of nylo… Read more