Ruitai Materials Technology Co Ltd (002066) - Net Assets

Latest as of March 2026: CN¥1.36 Billion CNY ≈ $199.29 Million USD

Based on the latest financial reports, Ruitai Materials Technology Co Ltd (002066) has net assets worth CN¥1.36 Billion CNY (≈ $199.29 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¥4.96 Billion ≈ $726.28 Million USD) and total liabilities (CN¥3.60 Billion ≈ $526.99 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. Check 002066 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥1.36 Billion
% of Total Assets	27.44%
Annual Growth Rate	14.79%
5-Year Change	16.74%
10-Year Change	59.16%
Growth Volatility	25.73

Ruitai Materials Technology Co Ltd - Net Assets Trend (2003–2025)

This chart illustrates how Ruitai Materials Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. See Ruitai Materials Technology Co Ltd (002066) liquidity interval to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Ruitai Materials Technology Co Ltd (2003–2025)

The table below shows the annual net assets of Ruitai Materials Technology Co Ltd from 2003 to 2025. For live valuation and market cap data, see Ruitai Materials Technology Co Ltd stock valuation.

Year	Net Assets	Change
2025-12-31	CN¥1.38 Billion ≈ $201.45 Million	-7.91%
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 1091.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥163.48 Million	26.03%
Other Components	CN¥464.64 Million	73.97%
Total Equity	CN¥628.12 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
Tianjin Economic-technological Development Area Co Ltd SHE:000652	$755.73 Million
Goldcard High-Tech Co Ltd SHE:300349	$755.82 Million
EuroTeleSites AG VI:ETS	$755.87 Million
Guangdong Enpack Packaging Co Ltd SHE:002846	$755.94 Million
Beyondsoft Corp SHE:002649	$755.47 Million
Qingdao Eastsoft Communic Tech SHE:300183	$755.47 Million
Qingdao Kutesmart Co Ltd SHE:300840	$755.42 Million
China Bills Finance Corp TW:2820	$755.24 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 2024 to 2025, total equity changed from 716,472,122 to 628,117,094, a change of -88,355,028 (-12.3%).
Net loss of 57,770,157 reduced equity.
Dividend payments of 67,838,709 reduced retained earnings.
Other factors increased equity by 37,253,837.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥-57.77 Million	-9.2%
Dividends Paid	CN¥67.84 Million	-10.8%
Other Changes	CN¥37.25 Million	+5.93%
Total Change	CN¥-	-12.33%

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: 8.22x
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 48.69x to 8.22x 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¥21.98	x
2004-12-31	CN¥0.52	CN¥21.98	x
2005-12-31	CN¥0.76	CN¥21.98	x
2006-12-31	CN¥1.31	CN¥21.98	x
2007-12-31	CN¥1.23	CN¥21.98	x
2008-12-31	CN¥1.41	CN¥21.98	x
2009-12-31	CN¥2.53	CN¥21.98	x
2010-12-31	CN¥2.46	CN¥21.98	x
2011-12-31	CN¥2.63	CN¥21.98	x
2012-12-31	CN¥2.57	CN¥21.98	x
2013-12-31	CN¥1.92	CN¥21.98	x
2014-12-31	CN¥1.95	CN¥21.98	x
2015-12-31	CN¥1.60	CN¥21.98	x
2016-12-31	CN¥1.71	CN¥21.98	x
2017-12-31	CN¥1.77	CN¥21.98	x
2018-12-31	CN¥1.84	CN¥21.98	x
2019-12-31	CN¥1.95	CN¥21.98	x
2020-12-31	CN¥2.08	CN¥21.98	x
2021-12-31	CN¥2.33	CN¥21.98	x
2022-12-31	CN¥2.62	CN¥21.98	x
2023-12-31	CN¥2.95	CN¥21.98	x
2024-12-31	CN¥3.10	CN¥21.98	x
2025-12-31	CN¥2.67	CN¥21.98	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): -9.20%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -1.49%
• Asset Turnover: 0.78x
• Equity Multiplier: 7.87x
Recent ROE (-9.20%) is below the historical average (4.84%), suggesting potential challenges in 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
2025	-9.20%	-1.49%	0.78x	7.87x	CN¥-120.58 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: $6,465,806,140
Average return on equity (ROE) among peers: 11.19%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Ruitai Materials Technology Co Ltd (002066)	CN¥1.36 Billion	16.86%	2.64x	$755.55 Million
CSG Holding Co Ltd (000012)	$2.20 Billion	9.26%	0.60x	$1.23 Billion
Tangshan Jidong Cement Co Ltd (000401)	$33.78 Billion	8.32%	0.79x	$1.42 Billion
Gansu Shangfeng Cement Co Ltd (000672)	$25.36 Million	12.31%	2.80x	$2.65 Billion
Jiangxi Wannianqing Cement Co Ltd (000789)	$4.20 Billion	13.08%	1.10x	$479.58 Million
Xinjiang Tianshan Cement Co Ltd (000877)	$85.96 Million	23.73%	0.88x	$4.10 Billion
Sinostone Guangdong Co Ltd (001212)	$438.80 Million	19.66%	0.29x	$1.45 Billion
Guangdong Tapai Group Co Ltd (002233)	$12.06 Billion	5.26%	0.11x	$1.29 Billion
China West Construction Group Co Ltd (002302)	$4.64 Billion	6.81%	2.05x	$858.96 Million
Hubei Guochuang Hi-tech Material Co Ltd (002377)	$753.41 Million	2.29%	1.24x	$362.04 Million

About Ruitai Materials Technology Co Ltd

SHE:002066 China Building Materials

Market Cap

$755.55 Million

CN¥5.16 Billion CNY

Market Cap Rank

#10328 Global

#2815 in China

Share Price

CN¥21.98

Change (1 day)

-4.77%

52-Week Range

CN¥10.94 - CN¥27.44

All Time High

CN¥27.44