Quechen Silicon Chemical Co. Ltd. (605183) - Net Assets
Based on the latest financial reports, Quechen Silicon Chemical Co. Ltd. (605183) has net assets worth CN¥3.62 Billion CNY (≈ $530.37 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¥4.11 Billion ≈ $600.90 Million USD) and total liabilities (CN¥482.00 Million ≈ $70.53 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 605183 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.62 Billion |
| % of Total Assets | 88.26% |
| Annual Growth Rate | 16.79% |
| 5-Year Change | 38.95% |
| 10-Year Change | 352.86% |
| Growth Volatility | 13.22 |
Quechen Silicon Chemical Co. Ltd. - Net Assets Trend (2013–2024)
This chart illustrates how Quechen Silicon Chemical Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. Also explore Quechen Silicon Chemical Co. Ltd. balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Quechen Silicon Chemical Co. Ltd. (2013–2024)
The table below shows the annual net assets of Quechen Silicon Chemical Co. Ltd. from 2013 to 2024. For live valuation and market cap data, see market cap of Quechen Silicon Chemical Co. Ltd..
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.33 Billion ≈ $487.95 Million |
+11.93% |
| 2023-12-31 | CN¥2.98 Billion ≈ $435.96 Million |
+12.09% |
| 2022-12-31 | CN¥2.66 Billion ≈ $388.92 Million |
+7.67% |
| 2021-12-31 | CN¥2.47 Billion ≈ $361.23 Million |
+2.87% |
| 2020-12-31 | CN¥2.40 Billion ≈ $351.17 Million |
+43.26% |
| 2019-12-31 | CN¥1.68 Billion ≈ $245.12 Million |
+13.82% |
| 2018-12-31 | CN¥1.47 Billion ≈ $215.35 Million |
+18.02% |
| 2017-12-31 | CN¥1.25 Billion ≈ $182.48 Million |
+17.96% |
| 2016-12-31 | CN¥1.06 Billion ≈ $154.70 Million |
+43.57% |
| 2015-12-31 | CN¥736.33 Million ≈ $107.75 Million |
+17.60% |
| 2014-12-31 | CN¥626.15 Million ≈ $91.63 Million |
+3.56% |
| 2013-12-31 | CN¥604.60 Million ≈ $88.47 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Quechen Silicon Chemical 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 1206.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.96 Billion | 58.77% |
| Common Stock | CN¥415.88 Million | 12.47% |
| Other Components | CN¥958.89 Million | 28.76% |
| Total Equity | CN¥3.33 Billion | 100.00% |
Quechen Silicon Chemical Co. Ltd. Competitors by Market Cap
The table below lists competitors of Quechen Silicon Chemical Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MLP Saglik Hizmetleri AS
IS:MPARK
|
$1.04 Billion |
|
Fujian Acetron New Materials Co Ltd
SHE:300706
|
$1.04 Billion |
|
Shelly Group SE
XETRA:SLYG
|
$1.04 Billion |
|
CHERVON HOLDINGS LTD
F:AZ9
|
$1.04 Billion |
|
MYT Netherlands Parent BV
NYSE:MYTE
|
$1.04 Billion |
|
MASTERBRAND INC. DL-001
F:D55
|
$1.04 Billion |
|
Changsha DIALINE New Material Sci & Tech Co Ltd
SHE:300700
|
$1.04 Billion |
|
Hunan New Wellful Co Ltd
SHG:600975
|
$1.04 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Quechen Silicon Chemical Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,978,808,474 to 3,334,385,091, a change of 355,576,617 (11.9%).
- Net income of 540,809,422 contributed positively to equity growth.
- Dividend payments of 145,231,428 reduced retained earnings.
- Share repurchases of 67,944,081 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥540.81 Million | +16.22% |
| Dividends Paid | CN¥145.23 Million | -4.36% |
| Share Repurchases | CN¥67.94 Million | -2.04% |
| Other Changes | CN¥27.94 Million | +0.84% |
| Total Change | CN¥- | 11.94% |
Book Value vs Market Value Analysis
This analysis compares Quechen Silicon Chemical 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: 2.10x
- 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 4.24x to 2.10x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | CN¥4.02 | CN¥17.06 | x |
| 2014-12-31 | CN¥4.17 | CN¥17.06 | x |
| 2015-12-31 | CN¥2.11 | CN¥17.06 | x |
| 2016-12-31 | CN¥2.88 | CN¥17.06 | x |
| 2017-12-31 | CN¥3.41 | CN¥17.06 | x |
| 2018-12-31 | CN¥4.02 | CN¥17.06 | x |
| 2019-12-31 | CN¥4.05 | CN¥17.06 | x |
| 2020-12-31 | CN¥5.80 | CN¥17.06 | x |
| 2021-12-31 | CN¥5.96 | CN¥17.06 | x |
| 2022-12-31 | CN¥6.44 | CN¥17.06 | x |
| 2023-12-31 | CN¥7.15 | CN¥17.06 | x |
| 2024-12-31 | CN¥8.14 | CN¥17.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Quechen Silicon Chemical 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): 16.22%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 24.61%
- • Asset Turnover: 0.58x
- • Equity Multiplier: 1.14x
- Recent ROE (16.22%) is above the historical average (14.83%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 15.16% | 17.99% | 0.58x | 1.45x | CN¥31.20 Million |
| 2014 | 15.60% | 15.97% | 0.61x | 1.61x | CN¥35.08 Million |
| 2015 | 15.17% | 15.46% | 0.68x | 1.45x | CN¥38.05 Million |
| 2016 | 17.69% | 23.29% | 0.63x | 1.20x | CN¥81.35 Million |
| 2017 | 15.24% | 17.82% | 0.65x | 1.32x | CN¥65.29 Million |
| 2018 | 18.41% | 23.01% | 0.66x | 1.22x | CN¥123.71 Million |
| 2019 | 16.11% | 22.65% | 0.59x | 1.20x | CN¥102.29 Million |
| 2020 | 8.06% | 18.33% | 0.39x | 1.13x | CN¥-46.58 Million |
| 2021 | 12.16% | 19.97% | 0.51x | 1.18x | CN¥53.22 Million |
| 2022 | 14.31% | 21.78% | 0.57x | 1.16x | CN¥114.68 Million |
| 2023 | 13.85% | 22.79% | 0.53x | 1.15x | CN¥114.63 Million |
| 2024 | 16.22% | 24.61% | 0.58x | 1.14x | CN¥207.37 Million |
Industry Comparison
This section compares Quechen Silicon Chemical Co. Ltd.'s net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $2,769,045,563
- Average return on equity (ROE) among peers: 6.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Quechen Silicon Chemical Co. Ltd. (605183) | CN¥3.62 Billion | 15.16% | 0.13x | $1.04 Billion |
| North Huajin Chemical Industries Co Ltd (000059) | $1.37 Billion | 0.00% | 0.79x | $1.28 Billion |
| Sichuan Chemical Co Ltd (000155) | $1.46 Billion | 0.78% | 1.16x | $4.82 Billion |
| Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) | $506.50 Million | 16.41% | 1.45x | $12.92 Billion |
| Zangge Holding Co Ltd (000408) | $304.26 Million | 8.29% | 1.38x | $20.72 Billion |
| Sichuan Jinlu Group Co Ltd (000510) | $1.46 Billion | 0.89% | 0.57x | $1.47 Billion |
| Jilin Gpro Titanium Industry Co Ltd (000545) | $269.12 Million | 8.73% | 0.27x | $438.99 Million |
| Aoyuan Beauty Valley Technology Co Ltd (000615) | $728.86 Million | 0.46% | 0.67x | $855.32 Million |
| Ningxia Younglight Chemicals Co Ltd (000635) | $934.64 Million | 13.67% | 2.94x | $472.35 Million |
| Maoming Petro-Chemical Shihua Co Ltd (000637) | $1.03 Billion | 8.78% | 0.45x | $362.87 Million |
| Inner Mongolia Yuan Xing Energy Co Ltd (000683) | $19.62 Billion | 9.23% | 0.83x | $4.87 Billion |
About Quechen Silicon Chemical Co. Ltd.
Quechen Silicon Chemical Co., Ltd., together with its subsidiaries, engages in the manufacture and supply of silica in China and internationally. It provides silica for rubber industry, such as conventional silica, granular silica, easy dispersion silica, and low polymerizing and high dispersion silica; silica for animal nutrition; and dental thickener and dental abrasive silica. The company was … Read more