Tianjin Yiyi Hygiene Products Co Ltd (001206) - Net Assets
Based on the latest financial reports, Tianjin Yiyi Hygiene Products Co Ltd (001206) has net assets worth CN¥1.87 Billion CNY (≈ $273.75 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¥2.20 Billion ≈ $321.95 Million USD) and total liabilities (CN¥329.38 Million ≈ $48.20 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 001206 financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.87 Billion |
| % of Total Assets | 85.03% |
| Annual Growth Rate | 35.05% |
| 5-Year Change | 157.38% |
| 10-Year Change | N/A |
| Growth Volatility | 44.65 |
Tianjin Yiyi Hygiene Products Co Ltd - Net Assets Trend (2015–2024)
This chart illustrates how Tianjin Yiyi Hygiene Products Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 001206 total asset value for the complete picture of this company's asset base.
Annual Net Assets for Tianjin Yiyi Hygiene Products Co Ltd (2015–2024)
The table below shows the annual net assets of Tianjin Yiyi Hygiene Products Co Ltd from 2015 to 2024. For live valuation and market cap data, see market value of Tianjin Yiyi Hygiene Products Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.83 Billion ≈ $268.25 Million |
+3.50% |
| 2023-12-31 | CN¥1.77 Billion ≈ $259.18 Million |
-2.14% |
| 2022-12-31 | CN¥1.81 Billion ≈ $264.85 Million |
+4.90% |
| 2021-12-31 | CN¥1.73 Billion ≈ $252.48 Million |
+142.25% |
| 2020-12-31 | CN¥712.25 Million ≈ $104.23 Million |
+37.56% |
| 2019-12-31 | CN¥517.79 Million ≈ $75.77 Million |
+89.03% |
| 2018-12-31 | CN¥273.92 Million ≈ $40.08 Million |
+14.84% |
| 2017-12-31 | CN¥238.52 Million ≈ $34.90 Million |
+47.37% |
| 2016-12-31 | CN¥161.85 Million ≈ $23.68 Million |
+32.02% |
| 2015-12-31 | CN¥122.59 Million ≈ $17.94 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Tianjin Yiyi Hygiene Products 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 430.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥452.14 Million | 24.66% |
| Common Stock | CN¥184.89 Million | 10.09% |
| Other Components | CN¥1.20 Billion | 65.25% |
| Total Equity | CN¥1.83 Billion | 100.00% |
Tianjin Yiyi Hygiene Products Co Ltd Competitors by Market Cap
The table below lists competitors of Tianjin Yiyi Hygiene Products Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jiangsu Rutong Petro-Machinery
SHG:603036
|
$520.61 Million |
|
More Provident Funds
TA:MPP
|
$520.80 Million |
|
Yantai Longyuan Power Tech
SHE:300105
|
$520.81 Million |
|
Yunnan Yuntou Ecology and Environment Technology Co Ltd
SHE:002200
|
$520.85 Million |
|
Issta Lines Ltd
TA:ISTA
|
$520.16 Million |
|
Bank Net Indonesia Syariah Tbk PT
JK:BANK
|
$520.09 Million |
|
PPC Ltd
JSE:PPC
|
$519.99 Million |
|
PYC Therapeutics Ltd
AU:PYC
|
$519.80 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tianjin Yiyi Hygiene Products Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,771,182,301 to 1,833,197,774, a change of 62,015,473 (3.5%).
- Net income of 215,118,666 contributed positively to equity growth.
- Dividend payments of 165,042,423 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥215.12 Million | +11.73% |
| Dividends Paid | CN¥165.04 Million | -9.0% |
| Other Changes | CN¥11.94 Million | +0.65% |
| Total Change | CN¥- | 3.50% |
Book Value vs Market Value Analysis
This analysis compares Tianjin Yiyi Hygiene Products 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: 1.93x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 10.65x to 1.93x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | CN¥1.81 | CN¥19.23 | x |
| 2016-12-31 | CN¥2.52 | CN¥19.23 | x |
| 2017-12-31 | CN¥7.84 | CN¥19.23 | x |
| 2018-12-31 | CN¥6.42 | CN¥19.23 | x |
| 2019-12-31 | CN¥8.39 | CN¥19.23 | x |
| 2020-12-31 | CN¥5.14 | CN¥19.23 | x |
| 2021-12-31 | CN¥10.37 | CN¥19.23 | x |
| 2022-12-31 | CN¥9.79 | CN¥19.23 | x |
| 2023-12-31 | CN¥9.61 | CN¥19.23 | x |
| 2024-12-31 | CN¥9.97 | CN¥19.23 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tianjin Yiyi Hygiene Products 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): 11.73%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.97%
- • Asset Turnover: 0.82x
- • Equity Multiplier: 1.20x
- Recent ROE (11.73%) is below the historical average (14.92%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 19.46% | 3.29% | 1.54x | 3.83x | CN¥9.49 Million |
| 2016 | 28.40% | 6.30% | 1.62x | 2.79x | CN¥25.79 Million |
| 2017 | 8.00% | 2.57% | 1.68x | 1.85x | CN¥-4.77 Million |
| 2018 | 12.92% | 3.92% | 1.86x | 1.78x | CN¥8.01 Million |
| 2019 | 20.62% | 10.39% | 1.50x | 1.32x | CN¥54.97 Million |
| 2020 | 27.30% | 15.67% | 1.36x | 1.28x | CN¥123.24 Million |
| 2021 | 6.61% | 8.71% | 0.67x | 1.14x | CN¥-58.46 Million |
| 2022 | 8.32% | 9.93% | 0.75x | 1.12x | CN¥-30.46 Million |
| 2023 | 5.83% | 7.72% | 0.68x | 1.12x | CN¥-73.86 Million |
| 2024 | 11.73% | 11.97% | 0.82x | 1.20x | CN¥31.80 Million |
Industry Comparison
This section compares Tianjin Yiyi Hygiene Products Co Ltd's net assets metrics with peer companies in the Household & Personal Products industry.
Industry Context
- Industry: Household & Personal Products
- Average net assets among peers: $1,312,346,997
- Average return on equity (ROE) among peers: 15.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tianjin Yiyi Hygiene Products Co Ltd (001206) | CN¥1.87 Billion | 19.46% | 0.18x | $520.28 Million |
| Lonkey Industrial Co Ltd Guangzhou (000523) | $1.50 Billion | -7.33% | 3.80x | $910.51 Million |
| Hunan Resun Co Ltd (001218) | $713.17 Million | 18.43% | 1.00x | $519.47 Million |
| Qingdao Kingking Applied Chemistry Co Ltd (002094) | $117.73 Million | 31.07% | 1.21x | $630.86 Million |
| C&S Paper Co Ltd (002511) | $4.08 Billion | 14.81% | 0.48x | $1.56 Billion |
| Anhui Deli Household Glass Co Ltd (002571) | $1.47 Billion | 0.59% | 0.77x | $677.36 Million |
| Mingchen Health Co Ltd Class A (002919) | $229.96 Million | 18.92% | 1.06x | $952.02 Million |
| Chongqing Baiya Sanitary Products Co (003006) | $1.21 Billion | 18.77% | 0.28x | $1.14 Billion |
| Chengdu Rainbow Appliance Gr (003023) | $1.38 Billion | 8.04% | 0.39x | $489.11 Million |
| Fujian Green Pine Co Ltd (300132) | $1.11 Billion | 36.07% | 0.32x | $675.04 Million |
About Tianjin Yiyi Hygiene Products Co Ltd
Tianjin Yiyi Hygiene Products Co.,Ltd engages in the research and development, production, and sale of disposable hygiene care products and non-woven fabrics in China. The company offers pet and personal hygiene care products, including pet pads, pet diapers, pet cleaning bags, pet wipes, pet garbage bags, etc.; and personal hygiene care products comprising sanitary napkins, nursing pads, diapers… Read more