Polyrocks Chemical Co Ltd
Polyrocks Chemical Co.,LTD researches, produces, and distributes environmental halogen-free flame retardant plastics in China and internationally. The company offers flame retardant; degradable plastics products, including blown film, extrusion, injection, and 3D printing materials; and glass filled and mineral filled PP products. It also provides polyolefin materials, engineering plastics, funct… Read more
Polyrocks Chemical Co Ltd (688669) - Net Assets
Latest net assets as of September 2025: CN¥1.50 Billion CNY
Based on the latest financial reports, Polyrocks Chemical Co Ltd (688669) has net assets worth CN¥1.50 Billion CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥5.39 Billion) and total liabilities (CN¥3.88 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¥1.50 Billion |
| % of Total Assets | 27.9% |
| Annual Growth Rate | 23.3% |
| 5-Year Change | 99.7% |
| 10-Year Change | 648.43% |
| Growth Volatility | 34.62 |
Polyrocks Chemical Co Ltd - Net Assets Trend (2013–2024)
This chart illustrates how Polyrocks Chemical Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Polyrocks Chemical Co Ltd (2013–2024)
The table below shows the annual net assets of Polyrocks Chemical Co Ltd from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.49 Billion | -15.16% |
| 2023-12-31 | CN¥1.76 Billion | +1.76% |
| 2022-12-31 | CN¥1.73 Billion | +3.19% |
| 2021-12-31 | CN¥1.67 Billion | +124.18% |
| 2020-12-31 | CN¥745.77 Million | +30.89% |
| 2019-12-31 | CN¥569.79 Million | +34.84% |
| 2018-12-31 | CN¥422.57 Million | +23.71% |
| 2017-12-31 | CN¥341.60 Million | +18.16% |
| 2016-12-31 | CN¥289.09 Million | +45.28% |
| 2015-12-31 | CN¥198.98 Million | +16.09% |
| 2014-12-31 | CN¥171.41 Million | +15.26% |
| 2013-12-31 | CN¥148.71 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Polyrocks Chemical 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 441.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥258.10 Million | 19.79% |
| Common Stock | CN¥121.33 Million | 9.30% |
| Other Comprehensive Income | CN¥69.04 Million | 5.29% |
| Other Components | CN¥855.89 Million | 65.62% |
| Total Equity | CN¥1.30 Billion | 100.00% |
Polyrocks Chemical Co Ltd Competitors by Market Cap
The table below lists competitors of Polyrocks Chemical Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Eastnine AB (publ)
ST:EAST
|
$216.83 Million |
|
Alphamin Resources Corp
PINK:AFMJF
|
$216.87 Million |
|
Amper S.A.
PINK:APMRF
|
$216.95 Million |
|
D-Link Corp
TW:2332
|
$217.00 Million |
|
LOG Commercial Properties e Participações S.A
SA:LOGG3
|
$216.64 Million |
|
Lever Global Corporation
OTCQB:LVER
|
$216.61 Million |
|
KT Submarine Co. Ltd
KQ:060370
|
$216.61 Million |
|
Universal Vision Biotechnology Co Ltd
TWO:3218
|
$216.57 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Polyrocks Chemical Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,567,684,666 to 1,304,359,416, a change of -263,325,250 (-16.8%).
- Net loss of 236,146,833 reduced equity.
- Dividend payments of 128,730,192 reduced retained earnings.
- Other comprehensive income decreased equity by 2,911,746.
- Other factors increased equity by 104,463,521.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-236.15 Million | -18.1% |
| Dividends Paid | CN¥128.73 Million | -9.87% |
| Other Comprehensive Income | CN¥-2.91 Million | -0.22% |
| Other Changes | CN¥104.46 Million | +8.01% |
| Total Change | CN¥- | -16.80% |
Book Value vs Market Value Analysis
This analysis compares Polyrocks Chemical 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: 2.54x
- 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 12.53x to 2.54x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | CN¥2.19 | CN¥27.41 | x |
| 2014-12-31 | CN¥2.32 | CN¥27.41 | x |
| 2015-12-31 | CN¥2.66 | CN¥27.41 | x |
| 2016-12-31 | CN¥3.88 | CN¥27.41 | x |
| 2017-12-31 | CN¥3.92 | CN¥27.41 | x |
| 2018-12-31 | CN¥4.63 | CN¥27.41 | x |
| 2019-12-31 | CN¥5.70 | CN¥27.41 | x |
| 2020-12-31 | CN¥7.18 | CN¥27.41 | x |
| 2021-12-31 | CN¥12.61 | CN¥27.41 | x |
| 2022-12-31 | CN¥12.68 | CN¥27.41 | x |
| 2023-12-31 | CN¥12.62 | CN¥27.41 | x |
| 2024-12-31 | CN¥10.77 | CN¥27.41 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Polyrocks Chemical 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): -18.10%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.79%
- • Asset Turnover: 0.80x
- • Equity Multiplier: 3.92x
- Recent ROE (-18.10%) is below the historical average (10.44%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 21.09% | 5.24% | 1.84x | 2.19x | CN¥16.50 Million |
| 2014 | 13.24% | 3.66% | 1.57x | 2.30x | CN¥5.55 Million |
| 2015 | 13.86% | 3.90% | 1.83x | 1.94x | CN¥7.68 Million |
| 2016 | 16.45% | 6.50% | 1.46x | 1.73x | CN¥18.65 Million |
| 2017 | 11.96% | 4.45% | 1.39x | 1.93x | CN¥6.44 Million |
| 2018 | 11.16% | 4.10% | 1.07x | 2.55x | CN¥4.55 Million |
| 2019 | 19.44% | 6.72% | 1.16x | 2.50x | CN¥48.08 Million |
| 2020 | 24.31% | 8.25% | 1.15x | 2.57x | CN¥93.44 Million |
| 2021 | 5.55% | 3.27% | 0.71x | 2.40x | CN¥-66.58 Million |
| 2022 | 4.45% | 1.74% | 0.97x | 2.64x | CN¥-85.84 Million |
| 2023 | 1.82% | 0.78% | 0.75x | 3.12x | CN¥-128.19 Million |
| 2024 | -18.10% | -5.79% | 0.80x | 3.92x | CN¥-366.58 Million |
Industry Comparison
This section compares Polyrocks Chemical Co Ltd'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 |
|---|---|---|---|---|
| Polyrocks Chemical Co Ltd (688669) | CN¥1.50 Billion | 21.09% | 2.58x | $216.79 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 |