Neo Performance Materials Inc
Neo Performance Materials Inc. engages in the manufacture and sale of rare earth, magnetic powders, magnets, and rare metal-based functional materials in China, Japan, Thailand, South Korea, North America, Europe, and internationally. It operates in three segments: Magnequench, Chemicals & Oxides, and Rare Metals. The company manufactures bonded neodymium-iron-boron powders and bonded permanent m… Read more
Neo Performance Materials Inc (NOPMF) - Net Assets
Latest net assets as of December 2024: $404.88 Million USD
Based on the latest financial reports, Neo Performance Materials Inc (NOPMF) has net assets worth $404.88 Million USD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($653.25 Million) and total liabilities ($248.37 Million). 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 | $404.88 Million |
| % of Total Assets | 61.98% |
| Annual Growth Rate | 1.25% |
| 5-Year Change | 11.39% |
| 10-Year Change | N/A |
| Growth Volatility | 10.34 |
Neo Performance Materials Inc - Net Assets Trend (2015–2024)
This chart illustrates how Neo Performance Materials 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 Neo Performance Materials Inc (2015–2024)
The table below shows the annual net assets of Neo Performance Materials Inc from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $404.88 Million | -6.99% |
| 2023-12-31 | $435.31 Million | -8.86% |
| 2022-12-31 | $477.64 Million | +10.95% |
| 2021-12-31 | $430.52 Million | +18.44% |
| 2020-12-31 | $363.49 Million | -15.20% |
| 2019-12-31 | $428.63 Million | -1.95% |
| 2018-12-31 | $437.18 Million | +4.28% |
| 2017-12-31 | $419.25 Million | +3.75% |
| 2016-12-31 | $404.10 Million | +11.65% |
| 2015-12-31 | $361.93 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Neo Performance Materials 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 decreased by 5388700000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $42.00K | 0.01% |
| Other Comprehensive Income | $-16.97 Million | -4.22% |
| Other Components | $472.98 Million | 117.61% |
| Total Equity | $402.17 Million | 100.00% |
Neo Performance Materials Inc Competitors by Market Cap
The table below lists competitors of Neo Performance Materials Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hamilton Thorne Ltd
PINK:HTLZF
|
$180.66 Million |
|
Rukun Raharja Tbk
JK:RAJA
|
$180.68 Million |
|
Goody Science & Technology Co Ltd
SHE:002694
|
$180.71 Million |
|
ScinoPharm Taiwan Ltd
TW:1789
|
$180.77 Million |
|
ButOne Information Corp XiAn
SHG:600455
|
$180.66 Million |
|
Graf Global Corp
NYSE MKT:GRAF
|
$180.65 Million |
|
Shanghai No1 Pharmacy Co Ltd
SHG:600833
|
$180.65 Million |
|
ODAS Elektrik Uretim Sanayi Ticaret AS
IS:ODAS
|
$180.62 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Neo Performance Materials Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 432,147,000 to 402,168,000, a change of -29,979,000 (-6.9%).
- Net loss of 12,946,000 reduced equity.
- Dividend payments of 12,330,000 reduced retained earnings.
- Share repurchases of 2,250,000 reduced equity.
- Other comprehensive income decreased equity by 3,825,901.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-12.95 Million | -3.22% |
| Dividends Paid | $12.33 Million | -3.07% |
| Share Repurchases | $2.25 Million | -0.56% |
| Other Comprehensive Income | $-3.83 Million | -0.95% |
| Other Changes | $1.37 Million | +0.34% |
| Total Change | $- | -6.94% |
Book Value vs Market Value Analysis
This analysis compares Neo Performance Materials 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: 0.58x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $8.96 | $5.61 | x |
| 2016-12-31 | $9.98 | $5.61 | x |
| 2017-12-31 | $10.26 | $5.61 | x |
| 2018-12-31 | $10.71 | $5.61 | x |
| 2019-12-31 | $10.90 | $5.61 | x |
| 2020-12-31 | $9.62 | $5.61 | x |
| 2021-12-31 | $11.09 | $5.61 | x |
| 2022-12-31 | $11.21 | $5.61 | x |
| 2023-12-31 | $9.75 | $5.61 | x |
| 2024-12-31 | $9.63 | $5.61 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Neo Performance Materials 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): -3.22%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.72%
- • Asset Turnover: 0.73x
- • Equity Multiplier: 1.62x
- Recent ROE (-3.22%) is above the historical average (-4.48%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -57.70% | -56.41% | 0.59x | 1.74x | $-241.89 Million |
| 2016 | 0.47% | 0.49% | 0.73x | 1.29x | $-37.93 Million |
| 2017 | 5.96% | 5.67% | 0.81x | 1.30x | $-16.72 Million |
| 2018 | 9.43% | 8.98% | 0.84x | 1.26x | $-2.45 Million |
| 2019 | 5.40% | 5.63% | 0.77x | 1.25x | $-19.54 Million |
| 2020 | -16.89% | -17.64% | 0.71x | 1.34x | $-97.35 Million |
| 2021 | 8.23% | 6.52% | 0.91x | 1.39x | $-7.59 Million |
| 2022 | 5.47% | 4.05% | 0.95x | 1.43x | $-21.50 Million |
| 2023 | -1.95% | -1.45% | 0.93x | 1.45x | $-51.66 Million |
| 2024 | -3.22% | -2.72% | 0.73x | 1.62x | $-53.16 Million |
Industry Comparison
This section compares Neo Performance Materials Inc's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $7,181,833,981
- Average return on equity (ROE) among peers: 7.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Neo Performance Materials Inc (NOPMF) | $404.88 Million | -57.70% | 0.61x | $180.66 Million |
| AirBoss of America Corp (ABSSF) | $197.00 Million | -16.19% | 1.24x | $57.06 Million |
| Asia Carbon Industries Inc (ACRB) | $19.13 Million | 17.11% | 0.33x | $0.98 |
| Aimia Inc (AIMFF) | $1.29 Billion | -4.63% | 2.83x | $103.68 Million |
| L'Air Liquide S.A (AIQUF) | $11.83 Billion | 14.08% | 1.26x | $107.70 Billion |
| Akzo Nobel N.V (AKZOF) | $7.58 Billion | 14.03% | 1.29x | $9.73 Billion |
| Albemarle Corp (ALB) | $545.00 Million | 9.41% | 1.09x | $19.53 Billion |
| ALPEK S.A.B. de C.V (ALPKF) | $49.59 Billion | 15.64% | 1.50x | $214.40 Million |
| Altech Batteries Limited (ALTHF) | $97.54 Million | -5.87% | 0.01x | $27.89 Million |
| Arcadium Lithium plc (ALTM) | $333.00 Million | 14.14% | 0.12x | $6.26 Billion |
| Alto Ingredients Inc (ALTO) | $345.21 Million | 13.35% | 0.40x | $212.84 Million |