Guangdong Skychem Technology Co. Ltd. A
Shanghai Skychem Technology Co., Ltd. engages in research and development, production, and sales of functional wet electronic chemicals. The company offers carrier board specialty chemicals, electroless Cu for touch panel and blackening for touch panels, hole metallization, plating, copper surface treatments, and advance packaging products. It serves electronic circuit, semiconductor packaging, d… Read more
Guangdong Skychem Technology Co. Ltd. A (688603) - Net Assets
Latest net assets as of June 2025: CN¥1.14 Billion CNY
Based on the latest financial reports, Guangdong Skychem Technology Co. Ltd. A (688603) has net assets worth CN¥1.14 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¥1.26 Billion) and total liabilities (CN¥120.83 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¥1.14 Billion |
| % of Total Assets | 90.42% |
| Annual Growth Rate | 61.86% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 105.38 |
Guangdong Skychem Technology Co. Ltd. A - Net Assets Trend (2021–2024)
This chart illustrates how Guangdong Skychem Technology 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 Guangdong Skychem Technology Co. Ltd. A (2021–2024)
The table below shows the annual net assets of Guangdong Skychem Technology Co. Ltd. A from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.12 Billion | +2.25% |
| 2023-12-31 | CN¥1.10 Billion | +235.69% |
| 2022-12-31 | CN¥326.83 Million | +23.58% |
| 2021-12-31 | CN¥264.48 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Guangdong Skychem Technology 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 162.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥241.76 Million | 21.55% |
| Other Components | CN¥880.04 Million | 78.45% |
| Total Equity | CN¥1.12 Billion | 100.00% |
Guangdong Skychem Technology Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Guangdong Skychem Technology Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Universal Stainless & Alloy
NASDAQ:USAP
|
$392.63 Million |
|
Qingdao Kutesmart Co Ltd
SHE:300840
|
$392.90 Million |
|
PT Semen Indonesia (Persero) Tbk
PINK:PSGTF
|
$392.99 Million |
|
Nexity
PA:NXI
|
$393.06 Million |
|
Sinosun Tech
SHE:300333
|
$392.33 Million |
|
Pulse Biosciences Inc
NASDAQ:PLSE
|
$392.21 Million |
|
LINK MOB.GRP.HLDG.NK-005
F:L1N
|
$392.15 Million |
|
IGNITIS GRUPE AB EO 2233
F:IGV0
|
$392.02 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Guangdong Skychem Technology Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,097,127,654 to 1,121,806,996, a change of 24,679,342 (2.2%).
- Net income of 74,679,913 contributed positively to equity growth.
- Dividend payments of 19,508,646 reduced retained earnings.
- Other factors decreased equity by 30,491,926.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥74.68 Million | +6.66% |
| Dividends Paid | CN¥19.51 Million | -1.74% |
| Other Changes | CN¥-30.49 Million | -2.72% |
| Total Change | CN¥- | 2.25% |
Book Value vs Market Value Analysis
This analysis compares Guangdong Skychem Technology 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: 6.29x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | CN¥0.00 | CN¥83.65 | x |
| 2022-12-31 | CN¥5.17 | CN¥83.65 | x |
| 2023-12-31 | CN¥13.01 | CN¥83.65 | x |
| 2024-12-31 | CN¥13.31 | CN¥83.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Guangdong Skychem Technology 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): 6.66%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.62%
- • Asset Turnover: 0.31x
- • Equity Multiplier: 1.11x
- Recent ROE (6.66%) is below the historical average (7.18%), 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 | 0.00% | 11.98% | 1.11x | 0.00x | CN¥44.98 Million |
| 2022 | 16.71% | 14.59% | 0.95x | 1.21x | CN¥21.93 Million |
| 2023 | 5.34% | 17.28% | 0.29x | 1.07x | CN¥-51.14 Million |
| 2024 | 6.66% | 19.62% | 0.31x | 1.11x | CN¥-37.50 Million |
Industry Comparison
This section compares Guangdong Skychem Technology 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 |
|---|---|---|---|---|
| Guangdong Skychem Technology Co. Ltd. A (688603) | CN¥1.14 Billion | 0.00% | 0.11x | $392.62 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 |