Advanced Technology & Materials Co Ltd

SHE:000969 China Other Industrial Metals & Mining
Market Cap
$3.07 Billion
CN¥22.51 Billion CNY
Market Cap Rank
#5053 Global
#601 in China
Share Price
CN¥21.42
Change (1 day)
-2.55%
52-Week Range
CN¥11.09 - CN¥29.27
All Time High
CN¥29.27
Categories
Companies in China Other Industrial Metals & Mining
About

Advanced Technology & Materials Co., Ltd. engages in providing metal materials, products, and solutions in the People's Republic of China and internationally. It offers rare earth permanent magnets; special alloys; amorphous and nano-crystalline materials; refractory materials; diamond tools, superhard materials; atomized alloy powders; injection molded products; hot isostatic pressed products; s… Read more

Advanced Technology & Materials Co Ltd (000969) - Net Assets

Latest net assets as of September 2025: CN¥6.45 Billion CNY

Based on the latest financial reports, Advanced Technology & Materials Co Ltd (000969) has net assets worth CN¥6.45 Billion CNY as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥11.52 Billion) and total liabilities (CN¥5.07 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 CN¥6.45 Billion
% of Total Assets 56.0%
Annual Growth Rate 16.76%
5-Year Change 12.59%
10-Year Change 40.43%
Growth Volatility 135.62

Advanced Technology & Materials Co Ltd - Net Assets Trend (1997–2024)

This chart illustrates how Advanced Technology & Materials Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Advanced Technology & Materials Co Ltd (1997–2024)

The table below shows the annual net assets of Advanced Technology & Materials Co Ltd from 1997 to 2024.

Year Net Assets Change
2024-12-31 CN¥6.36 Billion -4.69%
2023-12-31 CN¥6.67 Billion +6.67%
2022-12-31 CN¥6.25 Billion +3.72%
2021-12-31 CN¥6.03 Billion +6.77%
2020-12-31 CN¥5.65 Billion +4.81%
2019-12-31 CN¥5.39 Billion +0.11%
2018-12-31 CN¥5.38 Billion -7.41%
2017-12-31 CN¥5.81 Billion -2.61%
2016-12-31 CN¥5.97 Billion +31.83%
2015-12-31 CN¥4.53 Billion +3.13%
2014-12-31 CN¥4.39 Billion -4.46%
2013-12-31 CN¥4.60 Billion -1.04%
2012-12-31 CN¥4.64 Billion +19.58%
2011-12-31 CN¥3.88 Billion +10.43%
2010-12-31 CN¥3.52 Billion +30.34%
2009-12-31 CN¥2.70 Billion +14.32%
2008-12-31 CN¥2.36 Billion +10.27%
2007-12-31 CN¥2.14 Billion +10.53%
2006-12-31 CN¥1.94 Billion +35.55%
2005-12-31 CN¥1.43 Billion +7.71%
2004-12-31 CN¥1.33 Billion +3.99%
2003-12-31 CN¥1.28 Billion +14.64%
2002-12-31 CN¥1.11 Billion +3.96%
2001-12-31 CN¥1.07 Billion +2.71%
2000-12-31 CN¥1.04 Billion +724.70%
1999-12-31 CN¥126.34 Million +11.14%
1998-12-31 CN¥113.67 Million +17.36%
1997-12-31 CN¥96.86 Million --

Equity Component Analysis

This analysis shows how different components contribute to Advanced Technology & Materials Co Ltd'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 114667969200.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥1.15 Billion 20.74%
Common Stock CN¥1.05 Billion 19.01%
Other Comprehensive Income CN¥7.39 Million 0.13%
Other Components CN¥3.32 Billion 60.11%
Total Equity CN¥5.53 Billion 100.00%

Advanced Technology & Materials Co Ltd Competitors by Market Cap

The table below lists competitors of Advanced Technology & Materials Co Ltd ranked by their market capitalization.

Company Market Cap
Extreme Networks Inc
NASDAQ:EXTR
 		$1.95 Billion
AvidXchange Holdings Inc
NASDAQ:AVDX
 		$1.95 Billion
LandBridge Company LLC
NYSE:LB
 		$1.95 Billion
Wacoal Holdings Corp
PINK:WACLY
 		$1.95 Billion
Meta Financial Group Inc
NASDAQ:CASH
 		$1.95 Billion
Park Hotels & Resorts Inc
NYSE:PK
 		$1.95 Billion
Bandhan Bank Limited
NSE:BANDHANBNK
 		$1.95 Billion
Yifeng Pharmacy
SHG:603939
 		$1.94 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Advanced Technology & Materials Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 5,123,883,927 to 5,527,570,669, a change of 403,686,742 (7.9%).
  • Net income of 372,396,423 contributed positively to equity growth.
  • Dividend payments of 103,653,095 reduced retained earnings.
  • Share repurchases of 135,714,647 reduced equity.
  • Other comprehensive income increased equity by 8,972,858.
  • Other factors increased equity by 261,685,203.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥372.40 Million +6.74%
Dividends Paid CN¥103.65 Million -1.88%
Share Repurchases CN¥135.71 Million -2.46%
Other Comprehensive Income CN¥8.97 Million +0.16%
Other Changes CN¥261.69 Million +4.73%
Total Change CN¥- 7.88%

Book Value vs Market Value Analysis

This analysis compares Advanced Technology & Materials Co Ltd'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: 4.02x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 183.73x to 4.02x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1997-12-31 CN¥0.12 CN¥21.42 x
1998-12-31 CN¥0.15 CN¥21.42 x
1999-12-31 CN¥0.16 CN¥21.42 x
2000-12-31 CN¥1.36 CN¥21.42 x
2001-12-31 CN¥1.39 CN¥21.42 x
2002-12-31 CN¥1.44 CN¥21.42 x
2003-12-31 CN¥1.55 CN¥21.42 x
2004-12-31 CN¥1.60 CN¥21.42 x
2005-12-31 CN¥1.66 CN¥21.42 x
2006-12-31 CN¥2.59 CN¥21.42 x
2007-12-31 CN¥2.68 CN¥21.42 x
2008-12-31 CN¥2.63 CN¥21.42 x
2009-12-31 CN¥2.84 CN¥21.42 x
2010-12-31 CN¥3.61 CN¥21.42 x
2011-12-31 CN¥3.83 CN¥21.42 x
2012-12-31 CN¥3.85 CN¥21.42 x
2013-12-31 CN¥3.80 CN¥21.42 x
2014-12-31 CN¥3.56 CN¥21.42 x
2015-12-31 CN¥3.74 CN¥21.42 x
2016-12-31 CN¥4.53 CN¥21.42 x
2017-12-31 CN¥4.46 CN¥21.42 x
2018-12-31 CN¥4.16 CN¥21.42 x
2019-12-31 CN¥4.35 CN¥21.42 x
2020-12-31 CN¥4.49 CN¥21.42 x
2021-12-31 CN¥4.63 CN¥21.42 x
2022-12-31 CN¥4.83 CN¥21.42 x
2023-12-31 CN¥4.91 CN¥21.42 x
2024-12-31 CN¥5.33 CN¥21.42 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Advanced Technology & Materials Co Ltd 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): 6.74%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 4.92%
  • • Asset Turnover: 0.68x
  • • Equity Multiplier: 2.01x
  • Recent ROE (6.74%) is below the historical average (7.60%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1997 38.91% 17.31% 0.75x 2.99x CN¥25.61 Million
1998 32.57% 17.36% 0.92x 2.04x CN¥25.18 Million
1999 32.15% 17.97% 0.83x 2.15x CN¥26.80 Million
2000 6.28% 18.17% 0.24x 1.44x CN¥-38.34 Million
2001 6.39% 15.53% 0.35x 1.18x CN¥-38.21 Million
2002 6.35% 13.44% 0.38x 1.23x CN¥-39.93 Million
2003 6.94% 10.66% 0.38x 1.70x CN¥-35.92 Million
2004 6.83% 6.92% 0.53x 1.87x CN¥-38.58 Million
2005 6.85% 5.15% 0.66x 2.03x CN¥-39.62 Million
2006 6.19% 5.14% 0.64x 1.87x CN¥-66.24 Million
2007 7.46% 5.31% 0.73x 1.92x CN¥-47.00 Million
2008 7.52% 4.94% 0.73x 2.08x CN¥-48.82 Million
2009 7.57% 5.47% 0.64x 2.15x CN¥-54.87 Million
2010 7.19% 6.22% 0.65x 1.77x CN¥-85.56 Million
2011 9.54% 6.94% 0.65x 2.10x CN¥-15.34 Million
2012 2.22% 1.93% 0.50x 2.29x CN¥-258.23 Million
2013 1.92% 1.64% 0.51x 2.29x CN¥-264.66 Million
2014 -6.18% -4.57% 0.54x 2.52x CN¥-497.00 Million
2015 2.71% 2.33% 0.45x 2.58x CN¥-235.03 Million
2016 1.74% 2.02% 0.40x 2.18x CN¥-375.66 Million
2017 1.29% 1.27% 0.47x 2.19x CN¥-397.80 Million
2018 -5.10% -4.31% 0.52x 2.28x CN¥-644.63 Million
2019 3.69% 3.45% 0.52x 2.08x CN¥-281.90 Million
2020 2.25% 2.08% 0.54x 2.02x CN¥-356.81 Million
2021 3.65% 2.74% 0.62x 2.13x CN¥-301.69 Million
2022 4.26% 2.85% 0.68x 2.20x CN¥-284.13 Million
2023 4.87% 3.05% 0.72x 2.22x CN¥-262.90 Million
2024 6.74% 4.92% 0.68x 2.01x CN¥-180.36 Million

Industry Comparison

This section compares Advanced Technology & Materials Co Ltd's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.

Industry Context

  • Industry: Other Industrial Metals & Mining
  • Average net assets among peers: $4,050,550,397
  • Average return on equity (ROE) among peers: -2.15%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Advanced Technology & Materials Co Ltd (000969) CN¥6.45 Billion 38.91% 0.79x $1.95 Billion
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd (000060) $12.84 Billion 7.75% 0.90x $2.31 Billion
Shengda Mining Co Ltd (000603) $137.02 Million -70.66% 1.02x $2.08 Billion
Pangang Group Vanadium Titanium & Resources Co Ltd (000629) $8.87 Billion 10.35% 1.29x $2.61 Billion
China Tungsten and Hightech Materials Co Ltd (000657) $5.63 Billion 9.36% 0.74x $11.02 Billion
Guocheng Mining Co Ltd (000688) $1.04 Billion 2.34% 0.72x $1.64 Billion
Huludao Zinc Industry Co Ltd (000751) $-3.38 Billion 0.00% 0.00x $885.40 Million
China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd (000758) $8.99 Billion 0.24% 1.46x $1.24 Billion
Tibet Mineral Development Co Ltd (000762) $2.60 Billion 5.40% 0.11x $1.57 Billion
Innuovo Technology Co Ltd Class A (000795) $2.00 Billion 1.73% 0.26x $694.51 Million
Yunnan Tin Co Ltd (000960) $1.77 Billion 11.99% 1.41x $4.62 Billion