Guizhou Zhenhua E chem Inc (688707) - Net Assets

Latest as of March 2026: CN¥3.89 Billion CNY ≈ $569.51 Million USD

Based on the latest financial reports, Guizhou Zhenhua E chem Inc (688707) has net assets worth CN¥3.89 Billion CNY (≈ $569.51 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¥6.57 Billion ≈ $960.80 Million USD) and total liabilities (CN¥2.67 Billion ≈ $391.29 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 tangible equity quality to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥3.89 Billion
% of Total Assets	59.27%
Annual Growth Rate	52.57%
5-Year Change	263.91%
10-Year Change	4304.84%
Growth Volatility	81.42

Guizhou Zhenhua E chem Inc - Net Assets Trend (2014–2025)

This chart illustrates how Guizhou Zhenhua E chem Inc's net assets have evolved over time, based on quarterly financial data. See Guizhou Zhenhua E chem Inc defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Guizhou Zhenhua E chem Inc (2014–2025)

The table below shows the annual net assets of Guizhou Zhenhua E chem Inc from 2014 to 2025. For live valuation and market cap data, see Guizhou Zhenhua E chem Inc (688707) market capitalisation.

Year	Net Assets	Change
2025-12-31	CN¥10.65 Billion ≈ $1.56 Billion	+141.11%
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	--

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 30244506016.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥275.29 Million	6.74%
Other Comprehensive Income	CN¥4.09 Billion	100.00%
Total Equity	CN¥4.09 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
Net263 Ltd SHE:002467	$1.04 Billion
BlackRock Technology and Private Equity Term Trust NYSE:BTX	$1.04 Billion
Leshan Giantstar Farming & Husbandry Corp Ltd SHG:603477	$1.04 Billion
NatureCell Co.Ltd KQ:007390	$1.04 Billion
Dongguan Golden Sun Abrasives Co Ltd SHE:300606	$1.04 Billion
Bittium Oyj HE:BITTI	$1.04 Billion
AVI Global Trust PLC LSE:AGT	$1.04 Billion
Agesa Hayat ve Emeklilik AS IS:AGESA	$1.04 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 2024 to 2025, total equity changed from 4,418,421,971 to 4,085,870,000, a change of -332,551,971 (-7.5%).
Net loss of 432,385,100 reduced equity.
Dividend payments of 55,532,667 reduced retained earnings.
Other comprehensive income increased equity by 4,085,870,000.
Other factors decreased equity by 3,930,504,204.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥-432.39 Million	-10.58%
Dividends Paid	CN¥55.53 Million	-1.36%
Other Comprehensive Income	CN¥4.09 Billion	+100.0%
Other Changes	CN¥-3.93 Billion	-96.2%
Total Change	CN¥-	-7.53%

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: 1.75x
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 10.45x to 1.75x 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¥14.03	x
2015-12-31	CN¥2.01	CN¥14.03	x
2016-12-31	CN¥2.09	CN¥14.03	x
2017-12-31	CN¥7.27	CN¥14.03	x
2018-12-31	CN¥6.20	CN¥14.03	x
2019-12-31	CN¥3.27	CN¥14.03	x
2020-12-31	CN¥3.85	CN¥14.03	x
2021-12-31	CN¥7.93	CN¥14.03	x
2022-12-31	CN¥9.22	CN¥14.03	x
2023-12-31	CN¥8.70	CN¥14.03	x
2024-12-31	CN¥8.79	CN¥14.03	x
2025-12-31	CN¥8.03	CN¥14.03	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): -10.58%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -30.27%
• Asset Turnover: 0.22x
• Equity Multiplier: 1.61x
Recent ROE (-10.58%) is below the historical average (1.39%), 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
2025	-10.58%	-30.27%	0.22x	1.61x	CN¥-840.97 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: $4,238,970,200
Average return on equity (ROE) among peers: 9.03%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Guizhou Zhenhua E chem Inc (688707)	CN¥3.89 Billion	-13.41%	0.69x	$1.04 Billion
North Huajin Chemical Industries Co Ltd (000059)	$14.98 Billion	0.47%	1.13x	$940.88 Million
Sichuan Chemical Co Ltd (000155)	$505.75 Million	22.40%	1.18x	$3.48 Billion
Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301)	$2.69 Billion	5.91%	0.33x	$11.21 Billion
Zangge Holding Co Ltd (000408)	$6.53 Billion	18.58%	0.19x	$17.56 Billion
Sichuan Jinlu Group Co Ltd (000510)	$754.79 Million	9.90%	0.56x	$2.10 Billion
Jilin Gpro Titanium Industry Co Ltd (000545)	$2.05 Billion	4.97%	0.52x	$348.02 Million
Aoyuan Beauty Valley Technology Co Ltd (000615)	$674.19 Million	1.08%	0.85x	$891.94 Million
Ningxia Younglight Chemicals Co Ltd (000635)	$2.90 Billion	3.79%	0.15x	$376.61 Million
Maoming Petro-Chemical Shihua Co Ltd (000637)	$771.01 Million	16.41%	0.10x	$286.04 Million
Inner Mongolia Yuan Xing Energy Co Ltd (000683)	$10.53 Billion	6.76%	1.09x	$3.42 Billion

About Guizhou Zhenhua E chem Inc

SHG:688707 China Chemicals

Market Cap

$1.04 Billion

CN¥7.14 Billion CNY

Market Cap Rank

#8875 Global

#2226 in China

Share Price

CN¥14.03

Change (1 day)

-1.61%

52-Week Range

CN¥12.39 - CN¥18.36

All Time High

CN¥77.69