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¥6.71 Billion CNY (≈ $981.71 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥11.86 Billion ≈ $1.74 Billion USD) and total liabilities (CN¥5.15 Billion ≈ $753.99 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. Also explore balance sheet size of Advanced Technology & Materials Co Ltd for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥6.71 Billion |
| % of Total Assets | 56.56% |
| Annual Growth Rate | 16.27% |
| 5-Year Change | 8.7% |
| 10-Year Change | 10.43% |
| Growth Volatility | 132.26 |
Advanced Technology & Materials Co Ltd - Net Assets Trend (1997–2025)
This chart illustrates how Advanced Technology & Materials Co Ltd's net assets have evolved over time, based on quarterly financial data. Check Advanced Technology & Materials Co Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Advanced Technology & Materials Co Ltd (1997–2025)
The table below shows the annual net assets of Advanced Technology & Materials Co Ltd from 1997 to 2025. For live valuation and market cap data, see market value of Advanced Technology & Materials Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥6.59 Billion ≈ $964.45 Million |
+3.66% |
| 2024-12-31 | CN¥6.36 Billion ≈ $930.37 Million |
-4.69% |
| 2023-12-31 | CN¥6.67 Billion ≈ $976.14 Million |
+6.66% |
| 2022-12-31 | CN¥6.25 Billion ≈ $915.14 Million |
+3.14% |
| 2021-12-31 | CN¥6.06 Billion ≈ $887.28 Million |
+7.37% |
| 2020-12-31 | CN¥5.65 Billion ≈ $826.34 Million |
+4.81% |
| 2019-12-31 | CN¥5.39 Billion ≈ $788.41 Million |
+0.45% |
| 2018-12-31 | CN¥5.36 Billion ≈ $784.89 Million |
-7.72% |
| 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 |
-0.88% |
| 2012-12-31 | CN¥4.64 Billion ≈ $678.43 Million |
+19.39% |
| 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 |
+10.11% |
| 2006-12-31 | CN¥1.94 Billion ≈ $284.43 Million |
+36.07% |
| 2005-12-31 | CN¥1.43 Billion ≈ $209.03 Million |
+7.77% |
| 2004-12-31 | CN¥1.33 Billion ≈ $193.96 Million |
+3.93% |
| 2003-12-31 | CN¥1.28 Billion ≈ $186.62 Million |
+10.46% |
| 2002-12-31 | CN¥1.15 Billion ≈ $168.95 Million |
+7.89% |
| 2001-12-31 | CN¥1.07 Billion ≈ $156.59 Million |
+3.41% |
| 2000-12-31 | CN¥1.03 Billion ≈ $151.43 Million |
+719.11% |
| 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 128094655720.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.28 Billion | 22.16% |
| Other Components | CN¥4.50 Billion | 77.84% |
| Total Equity | CN¥5.78 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 |
|---|---|
|
DHT Holdings Inc
NYSE:DHT
|
$2.56 Billion |
|
iRay Technology Co Ltd
SHG:688301
|
$2.56 Billion |
|
Quaker Chemical Corporation
NYSE:KWR
|
$2.56 Billion |
|
JOYY Inc
NASDAQ:JOYY
|
$2.56 Billion |
|
Wallenstam AB (publ)
ST:WALL-B
|
$2.56 Billion |
|
By health
SHE:300146
|
$2.55 Billion |
|
JTC PLC LS-01
F:2N9
|
$2.55 Billion |
|
Levi Strauss & Co Class A
NYSE:LEVI
|
$2.55 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 2024 to 2025, total equity changed from 5,527,570,669 to 5,779,440,087, a change of 251,869,418 (4.6%).
- Net income of 364,875,767 contributed positively to equity growth.
- Dividend payments of 226,210,561 reduced retained earnings.
- Other comprehensive income decreased equity by 7,392,493.
- Other factors increased equity by 120,596,705.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥364.88 Million | +6.31% |
| Dividends Paid | CN¥226.21 Million | -3.91% |
| Other Comprehensive Income | CN¥-7.39 Million | -0.13% |
| Other Changes | CN¥120.60 Million | +2.09% |
| Total Change | CN¥- | 4.56% |
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: 3.02x
- 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 142.64x to 3.02x 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¥16.63 | x |
| 1998-12-31 | CN¥0.15 | CN¥16.63 | x |
| 1999-12-31 | CN¥0.16 | CN¥16.63 | x |
| 2000-12-31 | CN¥1.35 | CN¥16.63 | x |
| 2001-12-31 | CN¥1.39 | CN¥16.63 | x |
| 2002-12-31 | CN¥1.49 | CN¥16.63 | x |
| 2003-12-31 | CN¥1.55 | CN¥16.63 | x |
| 2004-12-31 | CN¥1.60 | CN¥16.63 | x |
| 2005-12-31 | CN¥1.66 | CN¥16.63 | x |
| 2006-12-31 | CN¥2.60 | CN¥16.63 | x |
| 2007-12-31 | CN¥2.68 | CN¥16.63 | x |
| 2008-12-31 | CN¥2.63 | CN¥16.63 | x |
| 2009-12-31 | CN¥2.84 | CN¥16.63 | x |
| 2010-12-31 | CN¥3.61 | CN¥16.63 | x |
| 2011-12-31 | CN¥3.83 | CN¥16.63 | x |
| 2012-12-31 | CN¥3.85 | CN¥16.63 | x |
| 2013-12-31 | CN¥3.80 | CN¥16.63 | x |
| 2014-12-31 | CN¥3.56 | CN¥16.63 | x |
| 2015-12-31 | CN¥3.74 | CN¥16.63 | x |
| 2016-12-31 | CN¥4.53 | CN¥16.63 | x |
| 2017-12-31 | CN¥4.46 | CN¥16.63 | x |
| 2018-12-31 | CN¥4.15 | CN¥16.63 | x |
| 2019-12-31 | CN¥4.35 | CN¥16.63 | x |
| 2020-12-31 | CN¥4.49 | CN¥16.63 | x |
| 2021-12-31 | CN¥4.66 | CN¥16.63 | x |
| 2022-12-31 | CN¥4.83 | CN¥16.63 | x |
| 2023-12-31 | CN¥4.91 | CN¥16.63 | x |
| 2024-12-31 | CN¥5.33 | CN¥16.63 | x |
| 2025-12-31 | CN¥5.50 | CN¥16.63 | 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): 6.31%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.60%
- • Asset Turnover: 0.70x
- • Equity Multiplier: 1.97x
- Recent ROE (6.31%) is below the historical average (7.55%), 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 | 6.32% | 18.17% | 0.24x | 1.44x | CN¥-37.68 Million |
| 2001 | 6.39% | 15.53% | 0.35x | 1.18x | CN¥-38.21 Million |
| 2002 | 6.13% | 13.44% | 0.38x | 1.19x | CN¥-43.83 Million |
| 2003 | 6.94% | 10.66% | 0.38x | 1.70x | CN¥-35.92 Million |
| 2004 | 6.84% | 6.92% | 0.53x | 1.87x | CN¥-38.51 Million |
| 2005 | 6.85% | 5.15% | 0.66x | 2.03x | CN¥-39.62 Million |
| 2006 | 6.17% | 5.14% | 0.64x | 1.87x | CN¥-66.90 Million |
| 2007 | 7.46% | 5.31% | 0.73x | 1.92x | CN¥-47.00 Million |
| 2008 | 7.52% | 4.99% | 0.72x | 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 | 2.30x | CN¥-258.04 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 | -5.11% | -4.31% | 0.52x | 2.28x | CN¥-643.74 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 | 3.62% | 2.74% | 0.62x | 2.14x | CN¥-305.11 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 |
| 2025 | 6.31% | 4.60% | 0.70x | 1.97x | CN¥-213.07 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: $2,168,107,788
- Average return on equity (ROE) among peers: 13.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Advanced Technology & Materials Co Ltd (000969) | CN¥6.71 Billion | 38.91% | 0.77x | $2.56 Billion |
| Shenzhen Zhongjin Lingnan Nonfemet Co Ltd (000060) | $1.53 Billion | 18.12% | 2.10x | $3.93 Billion |
| Inner Mongolia Xingye Mining Co Ltd (000426) | $6.59 Billion | 14.72% | 0.68x | $8.14 Billion |
| Shengda Mining Co Ltd (000603) | $116.05 Million | 17.12% | 0.71x | $2.60 Billion |
| Pangang Group Vanadium Titanium & Resources Co Ltd (000629) | $8.19 Billion | 37.74% | 0.53x | $4.24 Billion |
| China Tungsten and Hightech Materials Co Ltd (000657) | $734.12 Million | 2.85% | 0.80x | $16.00 Billion |
| Guocheng Mining Co Ltd (000688) | $1.04 Billion | 2.34% | 0.72x | $4.93 Billion |
| Huludao Zinc Industry Co Ltd (000751) | $2.65 Billion | 3.66% | 0.62x | $1.07 Billion |
| China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd (000758) | $120.74 Million | 49.74% | 2.09x | $1.76 Billion |
| Tibet Mineral Development Co Ltd (000762) | $451.19 Million | -13.05% | 0.45x | $1.77 Billion |
| Innuovo Technology Co Ltd Class A (000795) | $255.88 Million | 3.94% | 4.58x | $1.41 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; metal injection molded products; hot isostatic pressed produ… Read more