China Petrochemical Development Corp
China Petrochemical Development Corporation, together with its subsidiaries, produces and sells of petroleum, alkali-chlorine, phosphoric acid, and other petrochemical products and by-products in Taiwan, rest of Asia, and internationally. It also provides caprolactam for use as a raw material for making nylon-6 fibers and resin; acrylonitrile, a raw material for acrylic fibers and ABS plastic; ny… Read more
China Petrochemical Development Corp (1314) - Net Assets
Latest net assets as of September 2025: NT$76.02 Billion TWD
Based on the latest financial reports, China Petrochemical Development Corp (1314) has net assets worth NT$76.02 Billion TWD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (NT$130.05 Billion) and total liabilities (NT$54.02 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 | NT$76.02 Billion |
| % of Total Assets | 58.46% |
| Annual Growth Rate | 6.3% |
| 5-Year Change | 12.29% |
| 10-Year Change | 49.41% |
| Growth Volatility | 18.66 |
China Petrochemical Development Corp - Net Assets Trend (2000–2024)
This chart illustrates how China Petrochemical Development Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for China Petrochemical Development Corp (2000–2024)
The table below shows the annual net assets of China Petrochemical Development Corp from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | NT$79.57 Billion | +1.03% |
| 2023-12-31 | NT$78.77 Billion | -0.95% |
| 2022-12-31 | NT$79.52 Billion | -1.25% |
| 2021-12-31 | NT$80.53 Billion | +13.63% |
| 2020-12-31 | NT$70.87 Billion | +5.47% |
| 2019-12-31 | NT$67.19 Billion | +0.00% |
| 2018-12-31 | NT$67.19 Billion | +7.42% |
| 2017-12-31 | NT$62.55 Billion | +22.49% |
| 2016-12-31 | NT$51.06 Billion | -4.12% |
| 2015-12-31 | NT$53.26 Billion | -0.30% |
| 2014-12-31 | NT$53.42 Billion | +67.59% |
| 2013-12-31 | NT$31.87 Billion | -10.11% |
| 2012-12-31 | NT$35.46 Billion | -7.88% |
| 2011-12-31 | NT$38.49 Billion | +33.11% |
| 2010-12-31 | NT$28.92 Billion | +29.52% |
| 2009-12-31 | NT$22.33 Billion | +13.01% |
| 2008-12-31 | NT$19.76 Billion | -22.49% |
| 2007-12-31 | NT$25.49 Billion | +15.59% |
| 2006-12-31 | NT$22.05 Billion | +21.38% |
| 2005-12-31 | NT$18.17 Billion | +16.43% |
| 2004-12-31 | NT$15.60 Billion | +5.62% |
| 2003-12-31 | NT$14.77 Billion | +12.27% |
| 2002-12-31 | NT$13.16 Billion | -12.81% |
| 2001-12-31 | NT$15.09 Billion | -17.85% |
| 2000-12-31 | NT$18.37 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to China Petrochemical Development Corp'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 3704.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | NT$3.48 Billion | 4.37% |
| Common Stock | NT$37.85 Billion | 47.61% |
| Other Components | NT$38.17 Billion | 48.02% |
| Total Equity | NT$79.49 Billion | 100.00% |
China Petrochemical Development Corp Competitors by Market Cap
The table below lists competitors of China Petrochemical Development Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Xinjiang Tecon Animal Husbandry Bio-Technology Co Ltd
SHE:002100
|
$903.18 Million |
|
Wuxi Huaguang Boiler Co Ltd
SHG:600475
|
$903.37 Million |
|
Tamburi Investment Partners S.p.A.
LSE:0G9J
|
$903.38 Million |
|
Anhui Jinhe Industrial Co Ltd
SHE:002597
|
$903.94 Million |
|
Alsea S.A.B. de C.V
PINK:ALSSF
|
$902.51 Million |
|
Goldsun Building Materials Co Ltd
TW:2504
|
$902.17 Million |
|
Plymouth Industrial REIT Inc
NYSE:PLYM
|
$902.07 Million |
|
Huaku Development Co Ltd
TW:2548
|
$902.07 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China Petrochemical Development Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 78,658,590,000 to 79,494,691,000, a change of 836,101,000 (1.1%).
- Net income of 247,675,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 39,857,532,000.
- Other factors increased equity by 40,445,958,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | NT$247.68 Million | +0.31% |
| Other Comprehensive Income | NT$-39.86 Billion | -50.14% |
| Other Changes | NT$40.45 Billion | +50.88% |
| Total Change | NT$- | 1.06% |
Book Value vs Market Value Analysis
This analysis compares China Petrochemical Development Corp'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: 0.41x
- 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 1.03x to 0.41x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | NT$8.27 | NT$8.51 | x |
| 2007-12-31 | NT$10.11 | NT$8.51 | x |
| 2008-12-31 | NT$7.99 | NT$8.51 | x |
| 2009-12-31 | NT$9.03 | NT$8.51 | x |
| 2010-12-31 | NT$11.63 | NT$8.51 | x |
| 2011-12-31 | NT$15.43 | NT$8.51 | x |
| 2012-12-31 | NT$14.25 | NT$8.51 | x |
| 2013-12-31 | NT$12.79 | NT$8.51 | x |
| 2014-12-31 | NT$21.51 | NT$8.51 | x |
| 2015-12-31 | NT$18.41 | NT$8.51 | x |
| 2016-12-31 | NT$20.55 | NT$8.51 | x |
| 2017-12-31 | NT$24.31 | NT$8.51 | x |
| 2018-12-31 | NT$24.28 | NT$8.51 | x |
| 2019-12-31 | NT$23.27 | NT$8.51 | x |
| 2020-12-31 | NT$21.28 | NT$8.51 | x |
| 2021-12-31 | NT$24.33 | NT$8.51 | x |
| 2022-12-31 | NT$20.94 | NT$8.51 | x |
| 2023-12-31 | NT$20.78 | NT$8.51 | x |
| 2024-12-31 | NT$20.99 | NT$8.51 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China Petrochemical Development Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.31%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.84%
- • Asset Turnover: 0.21x
- • Equity Multiplier: 1.79x
- Recent ROE (0.31%) is below the historical average (4.25%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 0.50% | 0.45% | 0.37x | 3.02x | NT$-1.73 Billion |
| 2003 | 1.89% | 1.54% | 0.38x | 3.25x | NT$-1.20 Billion |
| 2004 | 4.48% | 2.96% | 0.50x | 3.03x | NT$-860.64 Million |
| 2005 | 6.63% | 3.63% | 0.74x | 2.45x | NT$-612.00 Million |
| 2006 | 8.71% | 4.00% | 0.89x | 2.44x | NT$-263.03 Million |
| 2007 | 12.18% | 5.80% | 0.96x | 2.19x | NT$512.45 Million |
| 2008 | -16.20% | -9.70% | 0.78x | 2.15x | NT$-5.18 Billion |
| 2009 | 9.25% | 7.66% | 0.63x | 1.93x | NT$-168.06 Million |
| 2010 | 21.92% | 15.61% | 0.89x | 1.57x | NT$3.44 Billion |
| 2011 | 28.43% | 24.91% | 0.81x | 1.41x | NT$7.08 Billion |
| 2012 | 4.00% | 3.70% | 0.84x | 1.28x | NT$-2.12 Billion |
| 2013 | -4.52% | -4.05% | 0.78x | 1.44x | NT$-4.60 Billion |
| 2014 | 0.57% | 0.92% | 0.43x | 1.46x | NT$-5.01 Billion |
| 2015 | 0.18% | 0.37% | 0.35x | 1.43x | NT$-5.21 Billion |
| 2016 | -3.68% | -7.37% | 0.33x | 1.50x | NT$-6.95 Billion |
| 2017 | 9.78% | 18.27% | 0.41x | 1.31x | NT$-139.12 Million |
| 2018 | 6.41% | 11.14% | 0.43x | 1.34x | NT$-2.40 Billion |
| 2019 | 2.59% | 5.87% | 0.31x | 1.44x | NT$-4.97 Billion |
| 2020 | 0.96% | 3.87% | 0.17x | 1.48x | NT$-6.40 Billion |
| 2021 | 4.34% | 9.93% | 0.26x | 1.68x | NT$-4.56 Billion |
| 2022 | 0.29% | 0.93% | 0.18x | 1.78x | NT$-7.71 Billion |
| 2023 | -1.35% | -4.01% | 0.18x | 1.85x | NT$-8.93 Billion |
| 2024 | 0.31% | 0.84% | 0.21x | 1.79x | NT$-7.70 Billion |
Industry Comparison
This section compares China Petrochemical Development Corp's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $47,477,084,778
- Average return on equity (ROE) among peers: 12.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China Petrochemical Development Corp (1314) | NT$76.02 Billion | 0.50% | 0.71x | $902.62 Million |
| Formosa Plastics Corp (1301) | $225.33 Billion | 12.22% | 0.47x | $5.82 Billion |
| Nan Ya Plastics Corp (1303) | $142.47 Billion | 14.77% | 1.15x | $13.36 Billion |
| USI Corp (1304) | $29.40 Billion | 10.91% | 0.90x | $220.86 Million |
| China General Plastics Corp (1305) | $4.97 Billion | 0.94% | 1.40x | $160.91 Million |
| Asia Polymer Corp (1308) | $9.82 Billion | 5.76% | 0.52x | $156.91 Million |
| Taita Chemical Co Ltd (1309) | $3.69 Billion | 0.65% | 0.67x | $113.99 Million |
| Ocean Plastics Co Ltd (1321) | $2.93 Billion | 13.39% | 0.47x | $168.69 Million |
| Asia Plastic Recycling Holding Ltd (1337) | $2.63 Billion | 37.56% | 0.24x | $42.00 Million |
| Everlight Chemical Industrial Corp (1711) | $6.07 Billion | 11.90% | 0.51x | $317.86 Million |