Guizhou Zhenhua E chem Inc

SHG:688707 China Chemicals
Market Cap
$1.01 Billion
CN¥7.40 Billion CNY
Market Cap Rank
#8971 Global
#1780 in China
Share Price
CN¥14.55
Change (1 day)
+0.69%
52-Week Range
CN¥9.88 - CN¥18.36
All Time High
CN¥77.69
About

Guizhou Zhenhua E-chem Inc. engages in the research, development, production, and sale of lithium/sodium-ion battery positive electrode materials, solid electrolytes and their modified ternary, and other materials in the People's Republic of China and internationally. The company offers lithium cobalt oxide, LCO/NCM hybrid cathod, and lithium nickel cobalt manganese oxide, as well as lithium nick… Read more

Guizhou Zhenhua E chem Inc (688707) - Net Assets

Latest net assets as of September 2025: CN¥4.09 Billion CNY

Based on the latest financial reports, Guizhou Zhenhua E chem Inc (688707) has net assets worth CN¥4.09 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¥6.82 Billion) and total liabilities (CN¥2.74 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¥4.09 Billion
% of Total Assets 59.87%
Annual Growth Rate 45.74%
5-Year Change 245.29%
10-Year Change 2385.72%
Growth Volatility 81.91

Guizhou Zhenhua E chem Inc - Net Assets Trend (2014–2024)

This chart illustrates how Guizhou Zhenhua E chem Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Guizhou Zhenhua E chem Inc (2014–2024)

The table below shows the annual net assets of Guizhou Zhenhua E chem Inc from 2014 to 2024.

Year Net Assets Change
2024-12-31 CN¥4.42 Billion +13.82%
2023-12-31 CN¥3.88 Billion -5.06%
2022-12-31 CN¥4.09 Billion +39.68%
2021-12-31 CN¥2.93 Billion +128.77%
2020-12-31 CN¥1.28 Billion -11.70%
2019-12-31 CN¥1.45 Billion +60.50%
2018-12-31 CN¥902.88 Million -0.34%
2017-12-31 CN¥905.92 Million +274.58%
2016-12-31 CN¥241.85 Million +36.06%
2015-12-31 CN¥177.75 Million +74.02%
2014-12-31 CN¥102.14 Million --

Equity Component Analysis

This analysis shows how different components contribute to Guizhou Zhenhua E chem Inc'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 73488336000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥707.73 Million 16.02%
Common Stock CN¥508.74 Million 11.51%
Other Components CN¥3.20 Billion 72.47%
Total Equity CN¥4.42 Billion 100.00%

Guizhou Zhenhua E chem Inc Competitors by Market Cap

The table below lists competitors of Guizhou Zhenhua E chem Inc ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Guizhou Zhenhua E chem Inc's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 3,881,869,675 to 4,418,421,971, a change of 536,552,296 (13.8%).
  • Net loss of 527,706,308 reduced equity.
  • Dividend payments of 88,020,928 reduced retained earnings.
  • Share repurchases of 694,748 reduced equity.
  • Other comprehensive income decreased equity by 63,259,109.
  • Other factors increased equity by 1,216,233,389.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-527.71 Million -11.94%
Dividends Paid CN¥88.02 Million -1.99%
Share Repurchases CN¥694.75K -0.02%
Other Comprehensive Income CN¥-63.26 Million -1.43%
Other Changes CN¥1.22 Billion +27.53%
Total Change CN¥- 13.82%

Book Value vs Market Value Analysis

This analysis compares Guizhou Zhenhua E chem Inc'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: 1.66x
  • 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 10.84x to 1.66x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2014-12-31 CN¥1.34 CN¥14.55 x
2015-12-31 CN¥2.01 CN¥14.55 x
2016-12-31 CN¥2.09 CN¥14.55 x
2017-12-31 CN¥7.27 CN¥14.55 x
2018-12-31 CN¥6.20 CN¥14.55 x
2019-12-31 CN¥3.27 CN¥14.55 x
2020-12-31 CN¥2.89 CN¥14.55 x
2021-12-31 CN¥6.61 CN¥14.55 x
2022-12-31 CN¥9.23 CN¥14.55 x
2023-12-31 CN¥8.70 CN¥14.55 x
2024-12-31 CN¥8.79 CN¥14.55 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Guizhou Zhenhua E chem Inc 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): -11.94%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -26.91%
  • • Asset Turnover: 0.25x
  • • Equity Multiplier: 1.77x
  • Recent ROE (-11.94%) is below the historical average (2.48%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2014 -13.41% -5.49% 0.37x 6.64x CN¥-23.91 Million
2015 0.99% 0.40% 0.53x 4.74x CN¥-16.01 Million
2016 1.68% 0.84% 0.57x 3.48x CN¥-20.13 Million
2017 5.50% 3.56% 0.52x 2.95x CN¥-38.27 Million
2018 7.50% 2.55% 0.76x 3.87x CN¥-22.53 Million
2019 2.33% 1.39% 0.68x 2.46x CN¥-111.15 Million
2020 -13.25% -16.36% 0.24x 3.33x CN¥-297.51 Million
2021 14.09% 7.48% 0.79x 2.37x CN¥119.84 Million
2022 31.11% 9.13% 1.26x 2.71x CN¥863.32 Million
2023 2.65% 1.49% 0.71x 2.48x CN¥-285.51 Million
2024 -11.94% -26.91% 0.25x 1.77x CN¥-969.55 Million

Industry Comparison

This section compares Guizhou Zhenhua E chem Inc'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
Guizhou Zhenhua E chem Inc (688707) CN¥4.09 Billion -13.41% 0.67x $663.90 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