Ruitai Materials Technology Co Ltd (002066) - Net Assets

Latest as of September 2025: CN¥1.48 Billion CNY ≈ $216.28 Million USD

Based on the latest financial reports, Ruitai Materials Technology Co Ltd (002066) has net assets worth CN¥1.48 Billion CNY (≈ $216.28 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¥4.92 Billion ≈ $719.53 Million USD) and total liabilities (CN¥3.44 Billion ≈ $503.25 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 Ruitai Materials Technology Co Ltd (002066) asset resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥1.48 Billion
% of Total Assets	30.06%
Annual Growth Rate	16.0%
5-Year Change	36.79%
10-Year Change	73.61%
Growth Volatility	25.73

Ruitai Materials Technology Co Ltd - Net Assets Trend (2003–2024)

This chart illustrates how Ruitai Materials Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Ruitai Materials Technology Co Ltd assets under control for the complete picture of this company's asset base.

Annual Net Assets for Ruitai Materials Technology Co Ltd (2003–2024)

The table below shows the annual net assets of Ruitai Materials Technology Co Ltd from 2003 to 2024. For live valuation and market cap data, see Ruitai Materials Technology Co Ltd stock valuation.

Year	Net Assets	Change
2024-12-31	CN¥1.49 Billion ≈ $218.76 Million	+3.08%
2023-12-31	CN¥1.45 Billion ≈ $212.23 Million	+22.13%
2022-12-31	CN¥1.19 Billion ≈ $173.78 Million	+0.71%
2021-12-31	CN¥1.18 Billion ≈ $172.56 Million	+7.90%
2020-12-31	CN¥1.09 Billion ≈ $159.93 Million	+6.51%
2019-12-31	CN¥1.03 Billion ≈ $150.15 Million	+5.63%
2018-12-31	CN¥971.41 Million ≈ $142.15 Million	+5.17%
2017-12-31	CN¥923.65 Million ≈ $135.16 Million	+6.79%
2016-12-31	CN¥864.92 Million ≈ $126.57 Million	+0.44%
2015-12-31	CN¥861.10 Million ≈ $126.01 Million	-9.03%
2014-12-31	CN¥946.53 Million ≈ $138.51 Million	+1.83%
2013-12-31	CN¥929.49 Million ≈ $136.01 Million	-11.48%
2012-12-31	CN¥1.05 Billion ≈ $153.65 Million	+18.97%
2011-12-31	CN¥882.60 Million ≈ $129.15 Million	+17.64%
2010-12-31	CN¥750.27 Million ≈ $109.79 Million	+13.21%
2009-12-31	CN¥662.73 Million ≈ $96.98 Million	+89.54%
2008-12-31	CN¥349.65 Million ≈ $51.17 Million	+44.27%
2007-12-31	CN¥242.36 Million ≈ $35.46 Million	+20.61%
2006-12-31	CN¥200.93 Million ≈ $29.40 Million	+79.63%
2005-12-31	CN¥111.86 Million ≈ $16.37 Million	+47.55%
2004-12-31	CN¥75.81 Million ≈ $11.09 Million	+14.44%
2003-12-31	CN¥66.25 Million ≈ $9.69 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Ruitai Materials Technology 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 1765.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥255.99 Million	35.73%
Common Stock	CN¥231.00 Million	32.24%
Other Components	CN¥229.49 Million	32.03%
Total Equity	CN¥716.47 Million	100.00%

Ruitai Materials Technology Co Ltd Competitors by Market Cap

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

Company	Market Cap
General Interface Solution GIS Holding Ltd TW:6456	$802.02 Million
Guangdong Lvtong New Energy Electric Vehicle Technology Co. Ltd. Cl A SHE:301322	$802.18 Million
Glencore PLC LSE:GLEN	$802.42 Million
Changzhou Zhongying Science & Technology Co. Ltd SHE:300936	$802.53 Million
Hanmi Financial Corporation NASDAQ:HAFC	$801.90 Million
Oneness Biotech Co Ltd TWO:4743	$801.88 Million
Lander Sports Development Co Ltd SHE:000558	$801.78 Million
Ability Enterprise Co Ltd TW:2374	$801.74 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2023 to 2024, total equity changed from 682,424,110 to 716,472,122, a change of 34,048,012 (5.0%).
Net income of 57,023,616 contributed positively to equity growth.
Dividend payments of 62,530,436 reduced retained earnings.
Other factors increased equity by 39,554,832.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥57.02 Million	+7.96%
Dividends Paid	CN¥62.53 Million	-8.73%
Other Changes	CN¥39.55 Million	+5.52%
Total Change	CN¥-	4.99%

Book Value vs Market Value Analysis

This analysis compares Ruitai Materials Technology 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: 7.52x
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 51.68x to 7.52x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2003-12-31	CN¥0.45	CN¥23.33	x
2004-12-31	CN¥0.52	CN¥23.33	x
2005-12-31	CN¥0.76	CN¥23.33	x
2006-12-31	CN¥1.31	CN¥23.33	x
2007-12-31	CN¥1.23	CN¥23.33	x
2008-12-31	CN¥1.41	CN¥23.33	x
2009-12-31	CN¥2.53	CN¥23.33	x
2010-12-31	CN¥2.46	CN¥23.33	x
2011-12-31	CN¥2.63	CN¥23.33	x
2012-12-31	CN¥2.57	CN¥23.33	x
2013-12-31	CN¥1.92	CN¥23.33	x
2014-12-31	CN¥1.95	CN¥23.33	x
2015-12-31	CN¥1.60	CN¥23.33	x
2016-12-31	CN¥1.71	CN¥23.33	x
2017-12-31	CN¥1.77	CN¥23.33	x
2018-12-31	CN¥1.84	CN¥23.33	x
2019-12-31	CN¥1.95	CN¥23.33	x
2020-12-31	CN¥2.08	CN¥23.33	x
2021-12-31	CN¥2.33	CN¥23.33	x
2022-12-31	CN¥2.62	CN¥23.33	x
2023-12-31	CN¥2.95	CN¥23.33	x
2024-12-31	CN¥3.10	CN¥23.33	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Ruitai Materials Technology 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): 7.96%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 1.31%
• Asset Turnover: 0.85x
• Equity Multiplier: 7.12x
Recent ROE (7.96%) is above the historical average (5.47%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2003	16.86%	13.22%	0.67x	1.91x	CN¥4.54 Million
2004	19.08%	12.05%	0.73x	2.16x	CN¥6.88 Million
2005	13.23%	9.55%	0.71x	1.95x	CN¥3.61 Million
2006	7.99%	8.91%	0.52x	1.72x	CN¥-4.04 Million
2007	10.87%	7.95%	0.62x	2.22x	CN¥1.93 Million
2008	13.51%	8.21%	0.56x	2.95x	CN¥9.00 Million
2009	6.91%	7.47%	0.43x	2.17x	CN¥-16.45 Million
2010	8.52%	5.72%	0.51x	2.89x	CN¥-8.40 Million
2011	9.44%	4.10%	0.63x	3.63x	CN¥-3.42 Million
2012	0.61%	0.24%	0.51x	4.97x	CN¥-55.70 Million
2013	-30.55%	-7.26%	0.60x	6.97x	CN¥-179.63 Million
2014	1.49%	0.32%	0.64x	7.24x	CN¥-38.28 Million
2015	-21.62%	-4.33%	0.53x	9.49x	CN¥-116.94 Million
2016	6.39%	1.44%	0.52x	8.58x	CN¥-14.26 Million
2017	3.71%	0.70%	0.59x	8.97x	CN¥-25.69 Million
2018	4.06%	0.46%	1.03x	8.66x	CN¥-25.31 Million
2019	5.68%	0.66%	1.02x	8.46x	CN¥-19.52 Million
2020	5.77%	0.66%	1.13x	7.78x	CN¥-20.30 Million
2021	8.89%	1.05%	1.17x	7.21x	CN¥-5.99 Million
2022	10.96%	1.37%	1.10x	7.28x	CN¥5.82 Million
2023	10.67%	1.57%	0.95x	7.10x	CN¥4.56 Million
2024	7.96%	1.31%	0.85x	7.12x	CN¥-14.62 Million

Industry Comparison

This section compares Ruitai Materials Technology Co Ltd's net assets metrics with peer companies in the Building Materials industry.

Industry Context

Industry: Building Materials
Average net assets among peers: $3,560,117,508
Average return on equity (ROE) among peers: -2.90%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Ruitai Materials Technology Co Ltd (002066)	CN¥1.48 Billion	16.86%	2.33x	$801.95 Million
CSG Holding Co Ltd (000012)	$1.80 Billion	-9.41%	0.59x	$1.16 Billion
Tangshan Jidong Cement Co Ltd (000401)	$13.44 Billion	0.26%	2.28x	$1.66 Billion
Gansu Shangfeng Cement Co Ltd (000672)	$159.51 Million	-59.25%	1.64x	$1.99 Billion
Jiangxi Wannianqing Cement Co Ltd (000789)	$437.21 Million	9.48%	0.62x	$578.76 Million
Xinjiang Tianshan Cement Co Ltd (000877)	$1.05 Billion	0.87%	3.22x	$4.83 Billion
Sinostone Guangdong Co Ltd (001212)	$1.73 Billion	1.76%	0.35x	$1.64 Billion
Guangdong Tapai Group Co Ltd (002233)	$8.19 Billion	8.81%	0.20x	$1.47 Billion
China West Construction Group Co Ltd (002302)	$310.89 Million	20.54%	0.73x	$1.03 Billion
Hubei Guochuang Hi-tech Material Co Ltd (002377)	$4.92 Billion	0.88%	0.34x	$481.37 Million

About Ruitai Materials Technology Co Ltd

SHE:002066 China Building Materials

Market Cap

$801.95 Million

CN¥5.48 Billion CNY

Market Cap Rank

#10147 Global

#2908 in China

Share Price

CN¥23.33

Change (1 day)

+2.78%

52-Week Range

CN¥10.87 - CN¥23.79

All Time High

CN¥24.84