CHEMSPEC ORD A (SHH) EQSW Exp:
Shanghai Chemspec Corporation engages in the research, development, production, and sale of fine chemicals. It offers display material, new energy battery material, silicon and organosilicon materials, electronic chemical, functional materials, other special chemicals. The company also provides pharmaceutical and pesticide chemicals. The company was founded in 1996 and is headquartered in Shangha… Read more
CHEMSPEC ORD A (SHH) EQSW Exp: (688602) - Net Assets
Latest net assets as of June 2025: CN¥2.82 Billion CNY
Based on the latest financial reports, CHEMSPEC ORD A (SHH) EQSW Exp: (688602) has net assets worth CN¥2.82 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¥3.24 Billion) and total liabilities (CN¥422.83 Million). 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¥2.82 Billion |
| % of Total Assets | 86.97% |
| Annual Growth Rate | 19.53% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 21.5 |
CHEMSPEC ORD A (SHH) EQSW Exp: - Net Assets Trend (2021–2024)
This chart illustrates how CHEMSPEC ORD A (SHH) EQSW Exp:'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for CHEMSPEC ORD A (SHH) EQSW Exp: (2021–2024)
The table below shows the annual net assets of CHEMSPEC ORD A (SHH) EQSW Exp: from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.78 Billion | +0.02% |
| 2023-12-31 | CN¥2.78 Billion | +50.79% |
| 2022-12-31 | CN¥1.85 Billion | +13.24% |
| 2021-12-31 | CN¥1.63 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to CHEMSPEC ORD A (SHH) EQSW Exp:'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 40.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥658.20 Million | 23.74% |
| Other Components | CN¥2.11 Billion | 76.26% |
| Total Equity | CN¥2.77 Billion | 100.00% |
CHEMSPEC ORD A (SHH) EQSW Exp: Competitors by Market Cap
The table below lists competitors of CHEMSPEC ORD A (SHH) EQSW Exp: ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dare Technology Co Ltd
SHE:000910
|
$294.60 Million |
|
NISSHA CO. LTD.
F:6X8
|
$294.60 Million |
|
Black Diamond Group Limited
OTCQX:BDIMF
|
$294.62 Million |
|
BOE Varitronix Limited
PINK:VARXF
|
$294.68 Million |
|
Kennede Electronics MFG Co Ltd
SHE:002723
|
$294.51 Million |
|
Yorhe Fluid Intelligent Control Co Ltd
SHE:002795
|
$294.49 Million |
|
ZheJiang BangJie Digital Knitting Share Co Ltd
SHE:002634
|
$294.48 Million |
|
FrontView REIT, Inc.
NYSE:FVR
|
$294.35 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CHEMSPEC ORD A (SHH) EQSW Exp:'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,770,328,205 to 2,772,109,591, a change of 1,781,386 (0.1%).
- Net loss of 49,531,648 reduced equity.
- Dividend payments of 40,477,058 reduced retained earnings.
- Other factors increased equity by 91,790,092.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-49.53 Million | -1.79% |
| Dividends Paid | CN¥40.48 Million | -1.46% |
| Other Changes | CN¥91.79 Million | +3.31% |
| Total Change | CN¥- | 0.06% |
Book Value vs Market Value Analysis
This analysis compares CHEMSPEC ORD A (SHH) EQSW Exp:'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: 1.54x
- 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 2.11x to 1.54x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | CN¥3.90 | CN¥8.24 | x |
| 2022-12-31 | CN¥4.41 | CN¥8.24 | x |
| 2023-12-31 | CN¥5.33 | CN¥8.24 | x |
| 2024-12-31 | CN¥5.34 | CN¥8.24 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CHEMSPEC ORD A (SHH) EQSW Exp: 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): -1.79%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7.34%
- • Asset Turnover: 0.21x
- • Equity Multiplier: 1.17x
- Recent ROE (-1.79%) is below the historical average (5.10%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 8.28% | 13.34% | 0.42x | 1.48x | CN¥-27.90 Million |
| 2022 | 9.85% | 14.58% | 0.49x | 1.38x | CN¥-2.78 Million |
| 2023 | 4.07% | 11.50% | 0.30x | 1.19x | CN¥-164.33 Million |
| 2024 | -1.79% | -7.34% | 0.21x | 1.17x | CN¥-326.74 Million |
Industry Comparison
This section compares CHEMSPEC ORD A (SHH) EQSW Exp:'s net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $2,626,916,213
- Average return on equity (ROE) among peers: 12.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CHEMSPEC ORD A (SHH) EQSW Exp: (688602) | CN¥2.82 Billion | 8.28% | 0.15x | $294.58 Million |
| North Huajin Chemical Industries Co Ltd (000059) | $6.22 Billion | 3.15% | 2.45x | $677.73 Million |
| Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) | $1.22 Billion | 8.90% | 0.47x | $2.89 Billion |
| Zangge Holding Co Ltd (000408) | $13.85 Billion | 18.63% | 0.09x | $11.87 Billion |
| Sichuan Jinlu Group Co Ltd (000510) | $31.03 Million | 11.65% | 3.42x | $1.15 Billion |
| Jilin Gpro Titanium Industry Co Ltd (000545) | $258.76 Million | 6.78% | 0.30x | $423.89 Million |
| Aoyuan Beauty Valley Technology Co Ltd (000615) | $54.68 Million | 39.27% | 1.16x | $225.85 Million |
| Ningxia Younglight Chemicals Co Ltd (000635) | $184.46 Million | 13.30% | 2.58x | $295.21 Million |
| Maoming Petro-Chemical Shihua Co Ltd (000637) | $691.87 Million | 1.61% | 0.02x | $187.22 Million |
| Shenyang Chemical Industry Co Ltd (000698) | $3.01 Billion | 7.14% | 1.28x | $240.44 Million |
| Hubei Shuanghuan Science and Technology Stock Co Ltd (000707) | $759.12 Million | 13.65% | 0.22x | $412.94 Million |