Advanced Technology & Materials Co Ltd (000969) - Net Assets
Based on the latest financial reports, Advanced Technology & Materials Co Ltd (000969) has net assets worth CN¥6.45 Billion CNY (≈ $944.26 Million USD) 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 ≈ $1.69 Billion USD) and total liabilities (CN¥5.07 Billion ≈ $741.84 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 000969 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore Advanced Technology & Materials Co Ltd balance sheet assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see Advanced Technology & Materials Co Ltd market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥6.36 Billion ≈ $930.37 Million |
-4.69% |
| 2023-12-31 | CN¥6.67 Billion ≈ $976.14 Million |
+6.67% |
| 2022-12-31 | CN¥6.25 Billion ≈ $915.14 Million |
+3.72% |
| 2021-12-31 | CN¥6.03 Billion ≈ $882.28 Million |
+6.77% |
| 2020-12-31 | CN¥5.65 Billion ≈ $826.34 Million |
+4.81% |
| 2019-12-31 | CN¥5.39 Billion ≈ $788.41 Million |
+0.11% |
| 2018-12-31 | CN¥5.38 Billion ≈ $787.55 Million |
-7.41% |
| 2017-12-31 | CN¥5.81 Billion ≈ $850.57 Million |
-2.61% |
| 2016-12-31 | CN¥5.97 Billion ≈ $873.38 Million |
+31.83% |
| 2015-12-31 | CN¥4.53 Billion ≈ $662.52 Million |
+3.13% |
| 2014-12-31 | CN¥4.39 Billion ≈ $642.41 Million |
-4.46% |
| 2013-12-31 | CN¥4.60 Billion ≈ $672.43 Million |
-1.04% |
| 2012-12-31 | CN¥4.64 Billion ≈ $679.48 Million |
+19.58% |
| 2011-12-31 | CN¥3.88 Billion ≈ $568.22 Million |
+10.43% |
| 2010-12-31 | CN¥3.52 Billion ≈ $514.53 Million |
+30.34% |
| 2009-12-31 | CN¥2.70 Billion ≈ $394.77 Million |
+14.32% |
| 2008-12-31 | CN¥2.36 Billion ≈ $345.33 Million |
+10.27% |
| 2007-12-31 | CN¥2.14 Billion ≈ $313.18 Million |
+10.53% |
| 2006-12-31 | CN¥1.94 Billion ≈ $283.34 Million |
+35.55% |
| 2005-12-31 | CN¥1.43 Billion ≈ $209.03 Million |
+7.71% |
| 2004-12-31 | CN¥1.33 Billion ≈ $194.07 Million |
+3.99% |
| 2003-12-31 | CN¥1.28 Billion ≈ $186.62 Million |
+14.64% |
| 2002-12-31 | CN¥1.11 Billion ≈ $162.79 Million |
+3.96% |
| 2001-12-31 | CN¥1.07 Billion ≈ $156.59 Million |
+2.71% |
| 2000-12-31 | CN¥1.04 Billion ≈ $152.47 Million |
+724.70% |
| 1999-12-31 | CN¥126.34 Million ≈ $18.49 Million |
+11.14% |
| 1998-12-31 | CN¥113.67 Million ≈ $16.63 Million |
+17.36% |
| 1997-12-31 | CN¥96.86 Million ≈ $14.17 Million |
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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 |
|---|---|
|
Beijing Capital Co Ltd
SHG:600008
|
$3.29 Billion |
|
Servyou Software Group Co Ltd
SHG:603171
|
$3.29 Billion |
|
Minera Frisco S.A.B. de C.V
MX:MFRISCOA-1
|
$3.29 Billion |
|
WNS Holdings Ltd
NYSE:WNS
|
$3.29 Billion |
|
Bains Mer Monaco
PA:BAIN
|
$3.29 Billion |
|
Turkiye Sise ve Cam Fabrikalari AS
IS:SISE
|
$3.28 Billion |
|
Aspen Pharmacare Holdings Ltd
JSE:APN
|
$3.28 Billion |
|
NCR Atleos Corporation
NASDAQ:NATL
|
$3.28 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: 4.01x
- 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 183.30x to 4.01x 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¥21.37 | x |
| 1998-12-31 | CN¥0.15 | CN¥21.37 | x |
| 1999-12-31 | CN¥0.16 | CN¥21.37 | x |
| 2000-12-31 | CN¥1.36 | CN¥21.37 | x |
| 2001-12-31 | CN¥1.39 | CN¥21.37 | x |
| 2002-12-31 | CN¥1.44 | CN¥21.37 | x |
| 2003-12-31 | CN¥1.55 | CN¥21.37 | x |
| 2004-12-31 | CN¥1.60 | CN¥21.37 | x |
| 2005-12-31 | CN¥1.66 | CN¥21.37 | x |
| 2006-12-31 | CN¥2.59 | CN¥21.37 | x |
| 2007-12-31 | CN¥2.68 | CN¥21.37 | x |
| 2008-12-31 | CN¥2.63 | CN¥21.37 | x |
| 2009-12-31 | CN¥2.84 | CN¥21.37 | x |
| 2010-12-31 | CN¥3.61 | CN¥21.37 | x |
| 2011-12-31 | CN¥3.83 | CN¥21.37 | x |
| 2012-12-31 | CN¥3.85 | CN¥21.37 | x |
| 2013-12-31 | CN¥3.80 | CN¥21.37 | x |
| 2014-12-31 | CN¥3.56 | CN¥21.37 | x |
| 2015-12-31 | CN¥3.74 | CN¥21.37 | x |
| 2016-12-31 | CN¥4.53 | CN¥21.37 | x |
| 2017-12-31 | CN¥4.46 | CN¥21.37 | x |
| 2018-12-31 | CN¥4.16 | CN¥21.37 | x |
| 2019-12-31 | CN¥4.35 | CN¥21.37 | x |
| 2020-12-31 | CN¥4.49 | CN¥21.37 | x |
| 2021-12-31 | CN¥4.63 | CN¥21.37 | x |
| 2022-12-31 | CN¥4.83 | CN¥21.37 | x |
| 2023-12-31 | CN¥4.91 | CN¥21.37 | x |
| 2024-12-31 | CN¥5.33 | CN¥21.37 | 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: $1,959,266,320
- Average return on equity (ROE) among peers: -2.79%
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 | $3.29 Billion |
| Shenzhen Zhongjin Lingnan Nonfemet Co Ltd (000060) | $3.76 Billion | 32.01% | 1.11x | $4.18 Billion |
| Inner Mongolia Xingye Mining Co Ltd (000426) | $5.38 Billion | 10.51% | 0.74x | $11.01 Billion |
| Shengda Mining Co Ltd (000603) | $137.02 Million | -70.66% | 1.02x | $3.68 Billion |
| Pangang Group Vanadium Titanium & Resources Co Ltd (000629) | $4.41 Billion | 10.92% | 0.64x | $4.95 Billion |
| China Tungsten and Hightech Materials Co Ltd (000657) | $614.81 Million | -14.57% | 0.74x | $19.40 Billion |
| Guocheng Mining Co Ltd (000688) | $511.55 Million | 16.02% | 1.88x | $8.93 Billion |
| Huludao Zinc Industry Co Ltd (000751) | $2.76 Billion | 0.23% | 1.29x | $1.44 Billion |
| China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd (000758) | $804.76 Million | -0.58% | 0.69x | $2.04 Billion |
| Tibet Mineral Development Co Ltd (000762) | $451.19 Million | -13.05% | 0.45x | $2.95 Billion |
| Innuovo Technology Co Ltd Class A (000795) | $768.04 Million | 1.24% | 0.33x | $1.53 Billion |
About Advanced Technology & Materials Co Ltd
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