Guizhou Zhenhua E chem Inc (688707) - Net Assets
Based on the latest financial reports, Guizhou Zhenhua E chem Inc (688707) has net assets worth CN¥4.09 Billion CNY (≈ $597.89 Million USD) 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 ≈ $998.61 Million USD) and total liabilities (CN¥2.74 Billion ≈ $400.72 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. Check Guizhou Zhenhua E chem Inc (688707) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore Guizhou Zhenhua E chem Inc (688707) total assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see Guizhou Zhenhua E chem Inc (688707) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.42 Billion ≈ $646.55 Million |
+13.82% |
| 2023-12-31 | CN¥3.88 Billion ≈ $568.04 Million |
-5.06% |
| 2022-12-31 | CN¥4.09 Billion ≈ $598.33 Million |
+39.68% |
| 2021-12-31 | CN¥2.93 Billion ≈ $428.37 Million |
+128.77% |
| 2020-12-31 | CN¥1.28 Billion ≈ $187.25 Million |
-11.70% |
| 2019-12-31 | CN¥1.45 Billion ≈ $212.06 Million |
+60.50% |
| 2018-12-31 | CN¥902.88 Million ≈ $132.12 Million |
-0.34% |
| 2017-12-31 | CN¥905.92 Million ≈ $132.56 Million |
+274.58% |
| 2016-12-31 | CN¥241.85 Million ≈ $35.39 Million |
+36.06% |
| 2015-12-31 | CN¥177.75 Million ≈ $26.01 Million |
+74.02% |
| 2014-12-31 | CN¥102.14 Million ≈ $14.95 Million |
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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.
| Company | Market Cap |
|---|---|
|
Guardian Pharmacy Services, Inc.
NYSE:GRDN
|
$1.33 Billion |
|
ManpowerGroup Inc
NYSE:MAN
|
$1.33 Billion |
|
Youcare Pharmaceutical Group Co. Ltd. A
SHG:688658
|
$1.33 Billion |
|
Polestar Automotive Holding UK PLC Class A ADS
NASDAQ:PSNY
|
$1.33 Billion |
|
Bank Islam Malaysia Bhd
KLSE:5258
|
$1.33 Billion |
|
Centuria Industrial REIT
AU:CIP
|
$1.33 Billion |
|
Guangdong Sky Dragon Printing Ink Group Co Ltd
SHE:300063
|
$1.33 Billion |
|
Daqo New Energy Corp
F:5DQ2
|
$1.32 Billion |
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: 2.03x
- 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 13.27x to 2.03x 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¥17.81 | x |
| 2015-12-31 | CN¥2.01 | CN¥17.81 | x |
| 2016-12-31 | CN¥2.09 | CN¥17.81 | x |
| 2017-12-31 | CN¥7.27 | CN¥17.81 | x |
| 2018-12-31 | CN¥6.20 | CN¥17.81 | x |
| 2019-12-31 | CN¥3.27 | CN¥17.81 | x |
| 2020-12-31 | CN¥2.89 | CN¥17.81 | x |
| 2021-12-31 | CN¥6.61 | CN¥17.81 | x |
| 2022-12-31 | CN¥9.23 | CN¥17.81 | x |
| 2023-12-31 | CN¥8.70 | CN¥17.81 | x |
| 2024-12-31 | CN¥8.79 | CN¥17.81 | 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: $2,769,045,563
- Average return on equity (ROE) among peers: 6.73%
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 | $1.33 Billion |
| North Huajin Chemical Industries Co Ltd (000059) | $1.37 Billion | 0.00% | 0.79x | $1.28 Billion |
| Sichuan Chemical Co Ltd (000155) | $1.46 Billion | 0.78% | 1.16x | $4.82 Billion |
| Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) | $506.50 Million | 16.41% | 1.45x | $12.92 Billion |
| Zangge Holding Co Ltd (000408) | $304.26 Million | 8.29% | 1.38x | $20.72 Billion |
| Sichuan Jinlu Group Co Ltd (000510) | $1.46 Billion | 0.89% | 0.57x | $1.47 Billion |
| Jilin Gpro Titanium Industry Co Ltd (000545) | $269.12 Million | 8.73% | 0.27x | $438.99 Million |
| Aoyuan Beauty Valley Technology Co Ltd (000615) | $728.86 Million | 0.46% | 0.67x | $855.32 Million |
| Ningxia Younglight Chemicals Co Ltd (000635) | $934.64 Million | 13.67% | 2.94x | $472.35 Million |
| Maoming Petro-Chemical Shihua Co Ltd (000637) | $1.03 Billion | 8.78% | 0.45x | $362.87 Million |
| Inner Mongolia Yuan Xing Energy Co Ltd (000683) | $19.62 Billion | 9.23% | 0.83x | $4.87 Billion |
About Guizhou Zhenhua E chem Inc
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