Jinan Shengquan Group Share Holding Co Ltd (605589) - Net Assets
Based on the latest financial reports, Jinan Shengquan Group Share Holding Co Ltd (605589) has net assets worth CN¥11.53 Billion CNY (≈ $1.69 Billion 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¥18.10 Billion ≈ $2.65 Billion USD) and total liabilities (CN¥6.57 Billion ≈ $961.91 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 605589 tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥11.53 Billion |
| % of Total Assets | 63.68% |
| Annual Growth Rate | 16.2% |
| 5-Year Change | 38.23% |
| 10-Year Change | 238.75% |
| Growth Volatility | 14.0 |
Jinan Shengquan Group Share Holding Co Ltd - Net Assets Trend (2010–2025)
This chart illustrates how Jinan Shengquan Group Share Holding Co Ltd's net assets have evolved over time, based on quarterly financial data. See Jinan Shengquan Group Share Holding Co L liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Jinan Shengquan Group Share Holding Co Ltd (2010–2025)
The table below shows the annual net assets of Jinan Shengquan Group Share Holding Co Ltd from 2010 to 2025. For live valuation and market cap data, see 605589 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥11.23 Billion ≈ $1.64 Billion |
+6.26% |
| 2024-12-31 | CN¥10.57 Billion ≈ $1.55 Billion |
+10.31% |
| 2023-12-31 | CN¥9.58 Billion ≈ $1.40 Billion |
+9.63% |
| 2022-12-31 | CN¥8.74 Billion ≈ $1.28 Billion |
+7.57% |
| 2021-12-31 | CN¥8.12 Billion ≈ $1.19 Billion |
+41.67% |
| 2020-12-31 | CN¥5.73 Billion ≈ $838.90 Million |
+16.47% |
| 2019-12-31 | CN¥4.92 Billion ≈ $720.26 Million |
+8.19% |
| 2018-12-31 | CN¥4.55 Billion ≈ $665.73 Million |
+26.48% |
| 2017-12-31 | CN¥3.60 Billion ≈ $526.35 Million |
+8.54% |
| 2016-12-31 | CN¥3.31 Billion ≈ $484.95 Million |
+7.55% |
| 2015-12-31 | CN¥3.08 Billion ≈ $450.92 Million |
+56.66% |
| 2014-12-31 | CN¥1.97 Billion ≈ $287.82 Million |
+16.38% |
| 2013-12-31 | CN¥1.69 Billion ≈ $247.31 Million |
+16.64% |
| 2012-12-31 | CN¥1.45 Billion ≈ $212.03 Million |
+15.96% |
| 2011-12-31 | CN¥1.25 Billion ≈ $182.84 Million |
+5.79% |
| 2010-12-31 | CN¥1.18 Billion ≈ $172.83 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Jinan Shengquan Group Share Holding 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 724.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥6.40 Billion | 60.15% |
| Other Components | CN¥4.24 Billion | 39.85% |
| Total Equity | CN¥10.64 Billion | 100.00% |
Jinan Shengquan Group Share Holding Co Ltd Competitors by Market Cap
The table below lists competitors of Jinan Shengquan Group Share Holding Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Adani Total Gas Limited
NSE:ATGL
|
$8.65 Billion |
|
CIG ShangHai Co Ltd Class A
SHG:603083
|
$8.65 Billion |
|
Petronas Gas Bhd
KLSE:6033
|
$8.65 Billion |
|
Grupo Aeroportuario del Sureste S. A. B. de C. V
MX:ASURB
|
$8.65 Billion |
|
NKT A/S
CO:NKT
|
$8.64 Billion |
|
The Federal Bank Limited
NSE:FEDERALBNK
|
$8.64 Billion |
|
StandardAero, Inc.
NYSE:SARO
|
$8.63 Billion |
|
Yes Bank Limited
NSE:YESBANK
|
$8.62 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jinan Shengquan Group Share Holding Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 10,077,284,400 to 10,638,099,784, a change of 560,815,384 (5.6%).
- Net income of 1,006,543,746 contributed positively to equity growth.
- Dividend payments of 492,609,431 reduced retained earnings.
- Other comprehensive income decreased equity by 508,110,941.
- Other factors increased equity by 554,992,011.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥1.01 Billion | +9.46% |
| Dividends Paid | CN¥492.61 Million | -4.63% |
| Other Comprehensive Income | CN¥-508.11 Million | -4.78% |
| Other Changes | CN¥554.99 Million | +5.22% |
| Total Change | CN¥- | 5.57% |
Book Value vs Market Value Analysis
This analysis compares Jinan Shengquan Group Share Holding 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: 5.56x
- 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 19.82x to 5.56x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-12-31 | CN¥3.52 | CN¥69.82 | x |
| 2011-12-31 | CN¥4.82 | CN¥69.82 | x |
| 2012-12-31 | CN¥5.61 | CN¥69.82 | x |
| 2013-12-31 | CN¥6.50 | CN¥69.82 | x |
| 2014-12-31 | CN¥7.56 | CN¥69.82 | x |
| 2015-12-31 | CN¥4.99 | CN¥69.82 | x |
| 2016-12-31 | CN¥5.13 | CN¥69.82 | x |
| 2017-12-31 | CN¥5.56 | CN¥69.82 | x |
| 2018-12-31 | CN¥6.70 | CN¥69.82 | x |
| 2019-12-31 | CN¥6.95 | CN¥69.82 | x |
| 2020-12-31 | CN¥8.05 | CN¥69.82 | x |
| 2021-12-31 | CN¥10.97 | CN¥69.82 | x |
| 2022-12-31 | CN¥10.97 | CN¥69.82 | x |
| 2023-12-31 | CN¥11.79 | CN¥69.82 | x |
| 2024-12-31 | CN¥12.19 | CN¥69.82 | x |
| 2025-12-31 | CN¥12.57 | CN¥69.82 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jinan Shengquan Group Share Holding 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): 9.46%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.20%
- • Asset Turnover: 0.66x
- • Equity Multiplier: 1.57x
- Recent ROE (9.46%) is below the historical average (14.34%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 28.10% | 8.35% | 1.01x | 3.32x | CN¥164.73 Million |
| 2011 | 34.66% | 11.07% | 1.01x | 3.10x | CN¥306.57 Million |
| 2012 | 15.64% | 6.97% | 0.72x | 3.11x | CN¥81.38 Million |
| 2013 | 15.65% | 7.29% | 0.63x | 3.39x | CN¥94.65 Million |
| 2014 | 15.73% | 7.79% | 0.68x | 2.97x | CN¥112.09 Million |
| 2015 | 12.22% | 11.32% | 0.54x | 1.99x | CN¥68.10 Million |
| 2016 | 13.24% | 12.37% | 0.57x | 1.87x | CN¥107.24 Million |
| 2017 | 13.30% | 9.47% | 0.71x | 1.97x | CN¥118.25 Million |
| 2018 | 11.80% | 8.46% | 0.81x | 1.71x | CN¥79.75 Million |
| 2019 | 9.78% | 8.01% | 0.81x | 1.50x | CN¥-10.62 Million |
| 2020 | 15.66% | 10.54% | 0.76x | 1.95x | CN¥316.87 Million |
| 2021 | 8.66% | 7.79% | 0.65x | 1.72x | CN¥-106.75 Million |
| 2022 | 8.30% | 7.33% | 0.77x | 1.47x | CN¥-144.43 Million |
| 2023 | 8.65% | 8.66% | 0.68x | 1.47x | CN¥-123.44 Million |
| 2024 | 8.61% | 8.66% | 0.68x | 1.46x | CN¥-139.88 Million |
| 2025 | 9.46% | 9.20% | 0.66x | 1.57x | CN¥-57.27 Million |
Industry Comparison
This section compares Jinan Shengquan Group Share Holding 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 |
|---|---|---|---|---|
| Jinan Shengquan Group Share Holding Co Ltd (605589) | CN¥11.53 Billion | 28.10% | 0.57x | $8.65 Billion |
| 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 Jinan Shengquan Group Share Holding Co Ltd
Jinan Shengquan Group Share Holding Co., Ltd. engages in the research, development, production, and sales of synthetic resins and composite materials, and biomass chemical materials and related products in China and internationally. The company offers biomass refining, such as cellulose, hemicellulose, and lignin; new energy products, including porous carbon, hard carbon, lithium titanate battery… Read more