Shanghai Chlor-Alkali Chemical Co Ltd B (900908) - Net Assets
Based on the latest financial reports, Shanghai Chlor-Alkali Chemical Co Ltd B (900908) has net assets worth $9.40 Billion USD as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($15.12 Billion) and total liabilities ($5.72 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. Check 900908 PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $9.40 Billion |
| % of Total Assets | 62.18% |
| Annual Growth Rate | 4.4% |
| 5-Year Change | 64.59% |
| 10-Year Change | 282.52% |
| Growth Volatility | 16.25 |
Shanghai Chlor-Alkali Chemical Co Ltd B - Net Assets Trend (2000–2024)
This chart illustrates how Shanghai Chlor-Alkali Chemical Co Ltd B's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market value of Shanghai Chlor-Alkali Chemical Co Ltd B.
Annual Net Assets for Shanghai Chlor-Alkali Chemical Co Ltd B (2000–2024)
The table below shows the annual net assets of Shanghai Chlor-Alkali Chemical Co Ltd B from 2000 to 2024. Also explore 900908 shareholders equity momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $8.68 Billion | -0.60% |
| 2023-12-31 | $8.74 Billion | +5.47% |
| 2022-12-31 | $8.28 Billion | +16.59% |
| 2021-12-31 | $7.10 Billion | +34.65% |
| 2020-12-31 | $5.28 Billion | +13.34% |
| 2019-12-31 | $4.65 Billion | +19.03% |
| 2018-12-31 | $3.91 Billion | +34.13% |
| 2017-12-31 | $2.92 Billion | +50.18% |
| 2016-12-31 | $1.94 Billion | -14.48% |
| 2015-12-31 | $2.27 Billion | +0.61% |
| 2014-12-31 | $2.26 Billion | -23.30% |
| 2013-12-31 | $2.94 Billion | +1.13% |
| 2012-12-31 | $2.91 Billion | +5.84% |
| 2011-12-31 | $2.75 Billion | +9.24% |
| 2010-12-31 | $2.52 Billion | +6.77% |
| 2009-12-31 | $2.36 Billion | -13.97% |
| 2008-12-31 | $2.74 Billion | -7.43% |
| 2007-12-31 | $2.96 Billion | +7.31% |
| 2006-12-31 | $2.76 Billion | -7.56% |
| 2005-12-31 | $2.98 Billion | +0.09% |
| 2004-12-31 | $2.98 Billion | +1.62% |
| 2003-12-31 | $2.93 Billion | +1.37% |
| 2002-12-31 | $2.89 Billion | +1.83% |
| 2001-12-31 | $2.84 Billion | -7.96% |
| 2000-12-31 | $3.09 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shanghai Chlor-Alkali Chemical Co Ltd B'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 7175.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $5.20 Billion | 59.82% |
| Other Components | $3.49 Billion | 40.18% |
| Total Equity | $8.69 Billion | 100.00% |
Shanghai Chlor-Alkali Chemical Co Ltd B Competitors by Market Cap
The table below lists competitors of Shanghai Chlor-Alkali Chemical Co Ltd B ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sino AG
XETRA:XTP
|
$241.93 Million |
|
GULF MARINE SVCS LS -02
F:G0M
|
$241.95 Million |
|
GSR IV Acquisition Corp. Class A ordinary share
NASDAQ:GSRF
|
$242.00 Million |
|
Vine Hill Capital Investment Corp. Class A Ordinary Shares
NASDAQ:VCIC
|
$242.00 Million |
|
C&F Financial Corporation
NASDAQ:CFFI
|
$241.89 Million |
|
Uxin Ltd
NASDAQ:UXIN
|
$241.83 Million |
|
Shanghai Hongda New Material Co Ltd
SHE:002211
|
$241.75 Million |
|
Repco Home Finance Limited
NSE:REPCOHOME
|
$241.71 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shanghai Chlor-Alkali Chemical Co Ltd B's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 8,128,830,210 to 8,691,248,994, a change of 562,418,784 (6.9%).
- Net income of 787,385,770 contributed positively to equity growth.
- Dividend payments of 265,817,391 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $787.39 Million | +9.06% |
| Dividends Paid | $265.82 Million | -3.06% |
| Other Changes | $40.85 Million | +0.47% |
| Total Change | $- | 6.92% |
Book Value vs Market Value Analysis
This analysis compares Shanghai Chlor-Alkali Chemical Co Ltd B'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: 0.08x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.24x to 0.08x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $2.52 | $0.60 | x |
| 2018-12-31 | $3.39 | $0.60 | x |
| 2019-12-31 | $4.02 | $0.60 | x |
| 2020-12-31 | $4.45 | $0.60 | x |
| 2021-12-31 | $5.94 | $0.60 | x |
| 2022-12-31 | $6.74 | $0.60 | x |
| 2023-12-31 | $7.03 | $0.60 | x |
| 2024-12-31 | $7.52 | $0.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shanghai Chlor-Alkali Chemical Co Ltd B 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): 9.06%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.62%
- • Asset Turnover: 0.69x
- • Equity Multiplier: 1.36x
- Recent ROE (9.06%) is above the historical average (7.49%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 1.66% | 1.72% | 0.60x | 1.61x | $-254.45 Million |
| 2001 | 0.18% | 0.19% | 0.59x | 1.64x | $-275.17 Million |
| 2002 | 0.23% | 0.20% | 0.66x | 1.69x | $-275.69 Million |
| 2003 | 0.87% | 0.64% | 0.79x | 1.72x | $-261.18 Million |
| 2004 | 1.84% | 1.08% | 0.96x | 1.77x | $-238.16 Million |
| 2005 | 0.14% | 0.10% | 0.82x | 1.73x | $-288.43 Million |
| 2007 | 1.92% | 1.09% | 0.76x | 2.33x | $-234.06 Million |
| 2008 | 0.40% | 0.19% | 0.84x | 2.50x | $-258.04 Million |
| 2010 | 5.64% | 2.46% | 1.02x | 2.24x | $-109.15 Million |
| 2011 | 8.43% | 3.99% | 0.96x | 2.20x | $-42.85 Million |
| 2012 | 3.63% | 1.62% | 1.00x | 2.24x | $-180.30 Million |
| 2013 | 0.58% | 0.24% | 1.16x | 2.10x | $-268.20 Million |
| 2015 | 4.23% | 1.56% | 1.26x | 2.14x | $-130.54 Million |
| 2016 | -16.90% | -4.86% | 1.50x | 2.31x | $-522.26 Million |
| 2017 | 34.01% | 13.74% | 1.59x | 1.56x | $700.76 Million |
| 2018 | 26.90% | 14.69% | 1.42x | 1.29x | $661.54 Million |
| 2019 | 17.42% | 12.55% | 1.13x | 1.23x | $345.50 Million |
| 2020 | 11.80% | 12.41% | 0.79x | 1.21x | $92.62 Million |
| 2021 | 25.81% | 26.59% | 0.72x | 1.35x | $1.09 Billion |
| 2022 | 17.60% | 21.53% | 0.57x | 1.43x | $591.61 Million |
| 2023 | 9.36% | 10.54% | 0.59x | 1.51x | $-52.37 Million |
| 2024 | 9.06% | 9.62% | 0.69x | 1.36x | $-81.74 Million |
Industry Comparison
This section compares Shanghai Chlor-Alkali Chemical Co Ltd B's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $7,879,981,222
- Average return on equity (ROE) among peers: -31.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shanghai Chlor-Alkali Chemical Co Ltd B (900908) | $9.40 Billion | 1.66% | 0.61x | $241.90 Million |
| North Huajin Chemical Industries Co Ltd (000059) | $14.88 Billion | 6.33% | 1.16x | $1.33 Billion |
| Sichuan Chemical Co Ltd (000155) | $13.13 Billion | 3.83% | 1.12x | $3.13 Billion |
| Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) | $37.47 Billion | -6.13% | 4.45x | $13.25 Billion |
| Zangge Holding Co Ltd (000408) | $5.99 Billion | 15.23% | 0.23x | $16.89 Billion |
| Sichuan Jinlu Group Co Ltd (000510) | $985.98 Million | 10.70% | 1.81x | $1.81 Billion |
| Jilin Gpro Titanium Industry Co Ltd (000545) | $38.72 Million | -326.47% | 8.38x | $322.02 Million |
| Aoyuan Beauty Valley Technology Co Ltd (000615) | $1.95 Billion | -22.71% | 0.65x | $850.09 Million |
| Ningxia Younglight Chemicals Co Ltd (000635) | $2.68 Billion | 1.13% | 0.35x | $430.25 Million |
| Maoming Petro-Chemical Shihua Co Ltd (000637) | $723.47 Million | 1.02% | 0.01x | $319.51 Million |
| Inner Mongolia Yuan Xing Energy Co Ltd (000683) | $945.90 Million | 2.34% | 1.22x | $3.11 Billion |
About Shanghai Chlor-Alkali Chemical Co Ltd B
Shanghai Chlor-Alkali Chemical Co., Ltd. manufactures and sells chemical products in China and internationally. The company offers chlor-alkali products comprising caustic soda, chlorine, and chlorine products, as well as polyvinyl chloride plastic resins and products. Shanghai Chlor-Alkali Chemical Co., Ltd. was founded in 1992 and is headquartered in Shanghai, China.