Polyrocks Chemical Co Ltd Net Assets
Polyrocks Chemical Co Ltd net assets. Based on the latest financial reports, Polyrocks Chemical Co Ltd (688669) has net assets worth CN¥1.30 Billion CNY (≈ $189.83 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥5.18 Billion ≈ $758.13 Million USD) and total liabilities (CN¥3.88 Billion ≈ $568.30 Million USD). 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. Also explore Polyrocks Chemical Co Ltd (688669) net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.30 Billion |
| % of Total Assets | 25.04% |
| Annual Growth Rate | 20.26% |
| 5-Year Change | -18.62% |
| 10-Year Change | 370.61% |
| Growth Volatility | 34.59 |
Net Assets of Polyrocks Chemical Co Ltd (2013–2025)
Net assets of Polyrocks Chemical Co Ltd from 2013 to 2025. This chart illustrates how Polyrocks Chemical Co Ltd's net assets have evolved over time, based on quarterly financial data. See 688669 net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Polyrocks Chemical Co Ltd (2013–2025)
The table below shows the annual net assets of Polyrocks Chemical Co Ltd from 2013 to 2025. For live market cap and overall valuation, see 688669 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.36 Billion ≈ $199.08 Million |
-8.65% |
| 2024-12-31 | CN¥1.49 Billion ≈ $217.93 Million |
-15.16% |
| 2023-12-31 | CN¥1.76 Billion ≈ $256.88 Million |
+1.76% |
| 2022-12-31 | CN¥1.73 Billion ≈ $252.44 Million |
+3.19% |
| 2021-12-31 | CN¥1.67 Billion ≈ $244.64 Million |
+124.18% |
| 2020-12-31 | CN¥745.77 Million ≈ $109.13 Million |
+30.89% |
| 2019-12-31 | CN¥569.79 Million ≈ $83.38 Million |
+34.84% |
| 2018-12-31 | CN¥422.57 Million ≈ $61.84 Million |
+23.71% |
| 2017-12-31 | CN¥341.60 Million ≈ $49.99 Million |
+18.16% |
| 2016-12-31 | CN¥289.09 Million ≈ $42.30 Million |
+45.28% |
| 2015-12-31 | CN¥198.98 Million ≈ $29.12 Million |
+16.09% |
| 2014-12-31 | CN¥171.41 Million ≈ $25.08 Million |
+15.26% |
| 2013-12-31 | CN¥148.71 Million ≈ $21.76 Million |
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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 116.5% over the analyzed period, indicating profitable operations and earnings retention.
Polyrocks Chemical Co Ltd Net Assets Breakdown (December 2025)
Polyrocks Chemical Co Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥103.22 Million | 9.00% |
| Other Components | CN¥1.04 Billion | 91.00% |
| Total Equity | CN¥1.15 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 |
|---|---|
|
Dexterra Group Inc
TO:DXT
|
$810.98 Million |
|
PharmaResources (Shanghai) Co. Ltd. A
SHE:301230
|
$811.00 Million |
|
Hidrovias do Brasil S.A
SA:HBSA3
|
$811.47 Million |
|
Guoguang Electric Co Ltd
SHE:002045
|
$811.57 Million |
|
Republic Airways Holdings Inc
NASDAQ:RJET
|
$810.45 Million |
|
Grocery Outlet Holding Corp
NASDAQ:GO
|
$810.18 Million |
|
PolyPeptide Group AG
SW:PPGN
|
$810.06 Million |
|
Foxsemicon Integrated Technology Inc
TW:3413
|
$809.60 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 2024 to 2025, total equity changed from 1,304,359,416 to 1,146,841,623, a change of -157,517,793 (-12.1%).
- Net loss of 118,587,164 reduced equity.
- Dividend payments of 116,991,137 reduced retained earnings.
- Other comprehensive income decreased equity by 69,036,702.
- Other factors increased equity by 147,097,211.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-118.59 Million | -10.34% |
| Dividends Paid | CN¥116.99 Million | -10.2% |
| Other Comprehensive Income | CN¥-69.04 Million | -6.02% |
| Other Changes | CN¥147.10 Million | +12.83% |
| Total Change | CN¥- | -12.08% |
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: 4.82x
- 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 20.87x to 4.82x 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¥45.66 | x |
| 2014-12-31 | CN¥2.32 | CN¥45.66 | x |
| 2015-12-31 | CN¥2.66 | CN¥45.66 | x |
| 2016-12-31 | CN¥3.88 | CN¥45.66 | x |
| 2017-12-31 | CN¥3.92 | CN¥45.66 | x |
| 2018-12-31 | CN¥4.63 | CN¥45.66 | x |
| 2019-12-31 | CN¥5.70 | CN¥45.66 | x |
| 2020-12-31 | CN¥7.18 | CN¥45.66 | x |
| 2021-12-31 | CN¥12.61 | CN¥45.66 | x |
| 2022-12-31 | CN¥12.80 | CN¥45.66 | x |
| 2023-12-31 | CN¥12.62 | CN¥45.66 | x |
| 2024-12-31 | CN¥10.77 | CN¥45.66 | x |
| 2025-12-31 | CN¥9.48 | CN¥45.66 | 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): -10.34%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.97%
- • Asset Turnover: 0.77x
- • Equity Multiplier: 4.51x
- Recent ROE (-10.34%) 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 |
|---|---|---|---|---|---|
| 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 | 2.88% | 1.14% | 0.96x | 2.64x | CN¥-110.07 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 |
| 2025 | -10.34% | -2.97% | 0.77x | 4.51x | CN¥-233.27 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: $1,249,032,205
- Average return on equity (ROE) among peers: 7.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Polyrocks Chemical Co Ltd (688669) | CN¥1.30 Billion | 21.09% | 2.99x | $810.69 Million |
| Chongqing Sanxia Paints Co Ltd (000565) | $1.05 Billion | 7.76% | 0.50x | $361.65 Million |
| Hengyi Petrochemical Co Ltd (000703) | $288.50 Million | 6.85% | 0.82x | $7.45 Billion |
| Guangdong Xinhui Meida Nylon Co Ltd (000782) | $1.49 Billion | 3.79% | 1.12x | $710.31 Million |
| Luxi Chemical Group Co Ltd (000830) | $979.59 Million | 7.26% | 1.13x | $3.06 Billion |
| China Minmetals Rare Earth Co Ltd (000831) | $2.20 Billion | 4.63% | 0.08x | $7.39 Billion |
| Anhui Guofeng Plastic Industry Co Ltd (000859) | $1.06 Billion | 1.91% | 0.87x | $1.01 Billion |
| Cofco Biochemical Anhui Co Ltd (000930) | $2.03 Billion | 2.67% | 2.54x | $1.30 Billion |
| Shandong Link Science and Technology Co Ltd (001207) | $242.92 Million | 18.39% | 1.38x | $758.53 Million |
| Zhejiang Transfar Co Ltd (002010) | $740.36 Million | 11.17% | 0.60x | $1.85 Billion |
| Poly Union Chemical Holding Group Co Ltd (002037) | $2.41 Billion | 6.28% | 2.25x | $465.20 Million |
About 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