Orinko Advanced Plastics Co. Ltd. A

SHG:688219 China Specialty Chemicals
Market Cap
$864.41 Million
CN¥6.34 Billion CNY
Market Cap Rank
#10852 Global
#2461 in China
Share Price
CN¥11.54
Change (1 day)
-0.60%
52-Week Range
CN¥9.69 - CN¥14.86
All Time High
CN¥38.41
About

Orinko Advanced Plastics Co.,LTD., together with its subsidiaries, researches, develops, produces, and sells polymer modified materials in China. The company offers modified new materials, special engineering materials, environmentally friendly high-performance PCR materials, and multifunctional membrane materials; and polyolefin, polystyrene, engineering plastics, and other products. It also pro… Read more

Orinko Advanced Plastics Co. Ltd. A (688219) - Net Assets

Latest net assets as of June 2025: CN¥2.30 Billion CNY

Based on the latest financial reports, Orinko Advanced Plastics Co. Ltd. A (688219) has net assets worth CN¥2.30 Billion CNY as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥6.90 Billion) and total liabilities (CN¥4.60 Billion). 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¥2.30 Billion
% of Total Assets 33.33%
Annual Growth Rate 12.86%
5-Year Change 27.83%
10-Year Change N/A
Growth Volatility 15.27

Orinko Advanced Plastics Co. Ltd. A - Net Assets Trend (2019–2024)

This chart illustrates how Orinko Advanced Plastics Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Orinko Advanced Plastics Co. Ltd. A (2019–2024)

The table below shows the annual net assets of Orinko Advanced Plastics Co. Ltd. A from 2019 to 2024.

Year Net Assets Change
2024-12-31 CN¥2.16 Billion +13.01%
2023-12-31 CN¥1.91 Billion +7.15%
2022-12-31 CN¥1.78 Billion +5.07%
2021-12-31 CN¥1.70 Billion +0.48%
2020-12-31 CN¥1.69 Billion +43.24%
2019-12-31 CN¥1.18 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Orinko Advanced Plastics Co. Ltd. A'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 474.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥616.16 Million 28.56%
Other Components CN¥1.54 Billion 71.44%
Total Equity CN¥2.16 Billion 100.00%

Orinko Advanced Plastics Co. Ltd. A Competitors by Market Cap

The table below lists competitors of Orinko Advanced Plastics Co. Ltd. A ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Orinko Advanced Plastics Co. Ltd. A's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,916,457,780 to 2,157,735,387, a change of 241,277,607 (12.6%).
  • Net income of 194,054,633 contributed positively to equity growth.
  • Dividend payments of 93,483,148 reduced retained earnings.
  • Other factors increased equity by 140,706,122.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥194.05 Million +8.99%
Dividends Paid CN¥93.48 Million -4.33%
Other Changes CN¥140.71 Million +6.52%
Total Change CN¥- 12.59%

Book Value vs Market Value Analysis

This analysis compares Orinko Advanced Plastics Co. Ltd. A'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: 2.48x
  • 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 4.04x to 2.48x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2019-12-31 CN¥2.85 CN¥11.54 x
2020-12-31 CN¥3.68 CN¥11.54 x
2021-12-31 CN¥3.70 CN¥11.54 x
2022-12-31 CN¥3.89 CN¥11.54 x
2023-12-31 CN¥4.17 CN¥11.54 x
2024-12-31 CN¥4.66 CN¥11.54 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Orinko Advanced Plastics Co. Ltd. A 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): 8.99%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 3.19%
  • • Asset Turnover: 0.87x
  • • Equity Multiplier: 3.24x
  • Recent ROE (8.99%) is above the historical average (7.20%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2019 9.23% 2.70% 0.95x 3.58x CN¥-9.09 Million
2020 10.78% 4.42% 0.95x 2.56x CN¥13.26 Million
2021 3.18% 1.10% 0.95x 3.04x CN¥-115.71 Million
2022 3.31% 1.14% 0.80x 3.61x CN¥-119.38 Million
2023 7.67% 2.75% 0.82x 3.42x CN¥-44.68 Million
2024 8.99% 3.19% 0.87x 3.24x CN¥-21.72 Million

Industry Comparison

This section compares Orinko Advanced Plastics Co. Ltd. A'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
Orinko Advanced Plastics Co. Ltd. A (688219) CN¥2.30 Billion 9.23% 2.00x $443.53 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