Jiangxi Chen Guang New Materials Co Ltd (605399) - Net Assets
Based on the latest financial reports, Jiangxi Chen Guang New Materials Co Ltd (605399) has net assets worth CN¥2.14 Billion CNY (≈ $313.87 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¥3.28 Billion ≈ $480.00 Million USD) and total liabilities (CN¥1.14 Billion ≈ $166.13 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 Jiangxi Chen Guang New Materials Co Ltd tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.14 Billion |
| % of Total Assets | 65.39% |
| Annual Growth Rate | 41.11% |
| 5-Year Change | 94.33% |
| 10-Year Change | N/A |
| Growth Volatility | 45.99 |
Jiangxi Chen Guang New Materials Co Ltd - Net Assets Trend (2016–2024)
This chart illustrates how Jiangxi Chen Guang New Materials Co Ltd's net assets have evolved over time, based on quarterly financial data. See how many days can Jiangxi Chen Guang New Materials Co Ltd fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Jiangxi Chen Guang New Materials Co Ltd (2016–2024)
The table below shows the annual net assets of Jiangxi Chen Guang New Materials Co Ltd from 2016 to 2024. For live valuation and market cap data, see market cap of Jiangxi Chen Guang New Materials Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.20 Billion ≈ $322.47 Million |
+0.85% |
| 2023-12-31 | CN¥2.19 Billion ≈ $319.77 Million |
-0.46% |
| 2022-12-31 | CN¥2.20 Billion ≈ $321.26 Million |
+34.43% |
| 2021-12-31 | CN¥1.63 Billion ≈ $238.99 Million |
+44.02% |
| 2020-12-31 | CN¥1.13 Billion ≈ $165.94 Million |
+154.12% |
| 2019-12-31 | CN¥446.24 Million ≈ $65.30 Million |
+25.81% |
| 2018-12-31 | CN¥354.69 Million ≈ $51.90 Million |
+67.86% |
| 2017-12-31 | CN¥211.30 Million ≈ $30.92 Million |
+50.72% |
| 2016-12-31 | CN¥140.19 Million ≈ $20.51 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Jiangxi Chen Guang New Materials 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 1489.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.27 Billion | 57.56% |
| Common Stock | CN¥313.36 Million | 14.22% |
| Other Comprehensive Income | CN¥161.01 Million | 7.30% |
| Other Components | CN¥461.13 Million | 20.92% |
| Total Equity | CN¥2.20 Billion | 100.00% |
Jiangxi Chen Guang New Materials Co Ltd Competitors by Market Cap
The table below lists competitors of Jiangxi Chen Guang New Materials Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hunan Fangsheng Pharm Co Ltd
SHG:603998
|
$600.75 Million |
|
Carriage Services Inc
NYSE:CSV
|
$600.84 Million |
|
CorMedix Inc
NASDAQ:CRMD
|
$600.87 Million |
|
Korea Investment Holdings Co Ltd
KO:071055
|
$600.87 Million |
|
Caribbean Utilities Company Ltd
TO:CUP-U
|
$600.07 Million |
|
Zhengzhou Qianweiyangchu Food Co Ltd
SHE:001215
|
$599.98 Million |
|
Relmada Therapeutics Inc
NASDAQ:RLMD
|
$599.97 Million |
|
ODDITY Tech Ltd. Class A Ordinary Shares
NASDAQ:ODD
|
$599.81 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiangxi Chen Guang New Materials Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,185,278,055 to 2,204,127,679, a change of 18,849,624 (0.9%).
- Net income of 41,360,061 contributed positively to equity growth.
- Dividend payments of 39,975,312 reduced retained earnings.
- Other comprehensive income decreased equity by 9,504,680.
- Other factors increased equity by 26,969,555.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥41.36 Million | +1.88% |
| Dividends Paid | CN¥39.98 Million | -1.81% |
| Other Comprehensive Income | CN¥-9.50 Million | -0.43% |
| Other Changes | CN¥26.97 Million | +1.22% |
| Total Change | CN¥- | 0.86% |
Book Value vs Market Value Analysis
This analysis compares Jiangxi Chen Guang New Materials 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: 1.90x
- 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 20.46x to 1.90x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | CN¥0.64 | CN¥13.14 | x |
| 2017-12-31 | CN¥0.97 | CN¥13.14 | x |
| 2018-12-31 | CN¥1.56 | CN¥13.14 | x |
| 2019-12-31 | CN¥1.91 | CN¥13.14 | x |
| 2020-12-31 | CN¥4.26 | CN¥13.14 | x |
| 2021-12-31 | CN¥5.24 | CN¥13.14 | x |
| 2022-12-31 | CN¥7.05 | CN¥13.14 | x |
| 2023-12-31 | CN¥6.91 | CN¥13.14 | x |
| 2024-12-31 | CN¥6.93 | CN¥13.14 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiangxi Chen Guang New Materials 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): 1.88%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.57%
- • Asset Turnover: 0.34x
- • Equity Multiplier: 1.54x
- Recent ROE (1.88%) is below the historical average (19.41%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 22.48% | 9.50% | 1.07x | 2.21x | CN¥17.49 Million |
| 2017 | 7.94% | 3.53% | 1.32x | 1.70x | CN¥-4.34 Million |
| 2018 | 37.91% | 20.05% | 1.43x | 1.33x | CN¥98.99 Million |
| 2019 | 26.63% | 17.22% | 1.20x | 1.29x | CN¥74.21 Million |
| 2020 | 11.25% | 17.09% | 0.60x | 1.10x | CN¥14.16 Million |
| 2021 | 32.87% | 31.63% | 0.91x | 1.14x | CN¥373.55 Million |
| 2022 | 29.09% | 32.81% | 0.79x | 1.12x | CN¥419.12 Million |
| 2023 | 4.63% | 8.69% | 0.37x | 1.44x | CN¥-117.30 Million |
| 2024 | 1.88% | 3.57% | 0.34x | 1.54x | CN¥-179.05 Million |
Industry Comparison
This section compares Jiangxi Chen Guang New Materials Co Ltd's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $4,238,970,200
- Average return on equity (ROE) among peers: 9.03%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangxi Chen Guang New Materials Co Ltd (605399) | CN¥2.14 Billion | 22.48% | 0.53x | $600.31 Million |
| North Huajin Chemical Industries Co Ltd (000059) | $14.98 Billion | 0.47% | 1.13x | $940.88 Million |
| Sichuan Chemical Co Ltd (000155) | $505.75 Million | 22.40% | 1.18x | $3.48 Billion |
| Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) | $2.69 Billion | 5.91% | 0.33x | $11.21 Billion |
| Zangge Holding Co Ltd (000408) | $6.53 Billion | 18.58% | 0.19x | $17.56 Billion |
| Sichuan Jinlu Group Co Ltd (000510) | $754.79 Million | 9.90% | 0.56x | $2.10 Billion |
| Jilin Gpro Titanium Industry Co Ltd (000545) | $2.05 Billion | 4.97% | 0.52x | $348.02 Million |
| Aoyuan Beauty Valley Technology Co Ltd (000615) | $674.19 Million | 1.08% | 0.85x | $891.94 Million |
| Ningxia Younglight Chemicals Co Ltd (000635) | $2.90 Billion | 3.79% | 0.15x | $376.61 Million |
| Maoming Petro-Chemical Shihua Co Ltd (000637) | $771.01 Million | 16.41% | 0.10x | $286.04 Million |
| Inner Mongolia Yuan Xing Energy Co Ltd (000683) | $10.53 Billion | 6.76% | 1.09x | $3.42 Billion |
About Jiangxi Chen Guang New Materials Co Ltd
Jiangxi Chenguang New Materials Company Limited, a special chemical company, develops, produces, and sells functional silane basic raw materials, intermediates, and downstream products in China and internationally. The company's products include hydrosilane, chloropropylsilane, alkylsilane, aminosilane, vinylsilane, orthosilicate, sulfursilane, epoxysilane, methacrylsilane, water-based water-proo… Read more