Zhongfu Shenying Carbon Fiber Co. Ltd. A

SHG:688295 China Specialty Chemicals
Market Cap
$5.52 Billion
CN¥40.52 Billion CNY
Market Cap Rank
#3422 Global
#274 in China
Share Price
CN¥45.02
Change (1 day)
+4.09%
52-Week Range
CN¥17.59 - CN¥45.02
All Time High
CN¥51.09
About

Zhongfu Shenying Carbon Fiber Co.,Ltd. engages in the research, development, manufacturing and sales of carbon fiber precursor, carbon fiber and carbon fiber products. Its products are used in aerospace, pressure vessels, carbon/carbon composites, electronic 3C, electronic products, new energy vehicles, sports and leisure, wind turbine blades, building reinforcement and other fields. The company … Read more

Zhongfu Shenying Carbon Fiber Co. Ltd. A (688295) - Net Assets

Latest net assets as of June 2025: CN¥4.64 Billion CNY

Based on the latest financial reports, Zhongfu Shenying Carbon Fiber Co. Ltd. A (688295) has net assets worth CN¥4.64 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¥9.37 Billion) and total liabilities (CN¥4.73 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¥4.64 Billion
% of Total Assets 49.51%
Annual Growth Rate 47.08%
5-Year Change 383.52%
10-Year Change N/A
Growth Volatility 103.66

Zhongfu Shenying Carbon Fiber Co. Ltd. A - Net Assets Trend (2019–2024)

This chart illustrates how Zhongfu Shenying Carbon Fiber 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 Zhongfu Shenying Carbon Fiber Co. Ltd. A (2019–2024)

The table below shows the annual net assets of Zhongfu Shenying Carbon Fiber Co. Ltd. A from 2019 to 2024.

Year Net Assets Change
2024-12-31 CN¥4.63 Billion -4.54%
2023-12-31 CN¥4.85 Billion +4.94%
2022-12-31 CN¥4.62 Billion +273.76%
2021-12-31 CN¥1.24 Billion +29.14%
2020-12-31 CN¥956.59 Million +42.49%
2019-12-31 CN¥671.36 Million --

Equity Component Analysis

This analysis shows how different components contribute to Zhongfu Shenying Carbon Fiber 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 150990522313.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥922.43 Million 19.94%
Other Components CN¥3.70 Billion 80.06%
Total Equity CN¥4.63 Billion 100.00%

Zhongfu Shenying Carbon Fiber Co. Ltd. A Competitors by Market Cap

The table below lists competitors of Zhongfu Shenying Carbon Fiber Co. Ltd. A ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Zhongfu Shenying Carbon Fiber Co. Ltd. A's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 4,845,063,569 to 4,625,279,704, a change of -219,783,865 (-4.5%).
  • Net loss of 124,383,865 reduced equity.
  • Dividend payments of 162,573,671 reduced retained earnings.
  • Other factors increased equity by 67,173,671.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-124.38 Million -2.69%
Dividends Paid CN¥162.57 Million -3.51%
Other Changes CN¥67.17 Million +1.45%
Total Change CN¥- -4.54%

Book Value vs Market Value Analysis

This analysis compares Zhongfu Shenying Carbon Fiber 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: 8.76x
  • 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 53.65x to 8.76x 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¥0.84 CN¥45.02 x
2020-12-31 CN¥1.20 CN¥45.02 x
2021-12-31 CN¥1.54 CN¥45.02 x
2022-12-31 CN¥5.13 CN¥45.02 x
2023-12-31 CN¥5.38 CN¥45.02 x
2024-12-31 CN¥5.14 CN¥45.02 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Zhongfu Shenying Carbon Fiber 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): -2.69%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -7.99%
  • • Asset Turnover: 0.17x
  • • Equity Multiplier: 2.02x
  • Recent ROE (-2.69%) is below the historical average (8.72%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2019 3.90% 6.30% 0.36x 1.74x CN¥-40.99 Million
2020 8.91% 16.01% 0.25x 2.25x CN¥-10.43 Million
2021 22.56% 23.75% 0.32x 3.01x CN¥155.19 Million
2022 13.11% 30.33% 0.28x 1.57x CN¥143.38 Million
2023 6.56% 14.08% 0.24x 1.97x CN¥-166.53 Million
2024 -2.69% -7.99% 0.17x 2.02x CN¥-586.91 Million

Industry Comparison

This section compares Zhongfu Shenying Carbon Fiber 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
Zhongfu Shenying Carbon Fiber Co. Ltd. A (688295) CN¥4.64 Billion 3.90% 1.02x $3.76 Billion
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