Yantai Tayho Advanced Materials Co Ltd (002254) - Net Assets

Latest as of September 2025: CN¥7.82 Billion CNY ≈ $1.14 Billion USD

Based on the latest financial reports, Yantai Tayho Advanced Materials Co Ltd (002254) has net assets worth CN¥7.82 Billion CNY (≈ $1.14 Billion 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¥15.20 Billion ≈ $2.22 Billion USD) and total liabilities (CN¥7.38 Billion ≈ $1.08 Billion 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 financial resilience of Yantai Tayho Advanced Materials Co Ltd to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥7.82 Billion
% of Total Assets 51.44%
Annual Growth Rate 12.68%
5-Year Change 102.47%
10-Year Change 275.33%
Growth Volatility 24.05

Yantai Tayho Advanced Materials Co Ltd - Net Assets Trend (2005–2024)

This chart illustrates how Yantai Tayho Advanced Materials Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Yantai Tayho Advanced Materials Co Ltd for the complete picture of this company's asset base.

Annual Net Assets for Yantai Tayho Advanced Materials Co Ltd (2005–2024)

The table below shows the annual net assets of Yantai Tayho Advanced Materials Co Ltd from 2005 to 2024. For live valuation and market cap data, see Yantai Tayho Advanced Materials Co Ltd (002254) total market value.

Year Net Assets Change
2024-12-31 CN¥7.91 Billion
≈ $1.16 Billion
-1.99%
2023-12-31 CN¥8.07 Billion
≈ $1.18 Billion
+75.30%
2022-12-31 CN¥4.60 Billion
≈ $673.56 Million
+1.00%
2021-12-31 CN¥4.56 Billion
≈ $666.87 Million
+16.67%
2020-12-31 CN¥3.91 Billion
≈ $571.61 Million
+43.47%
2019-12-31 CN¥2.72 Billion
≈ $398.41 Million
+10.80%
2018-12-31 CN¥2.46 Billion
≈ $359.58 Million
+12.25%
2017-12-31 CN¥2.19 Billion
≈ $320.34 Million
+1.35%
2016-12-31 CN¥2.16 Billion
≈ $316.06 Million
+2.50%
2015-12-31 CN¥2.11 Billion
≈ $308.34 Million
+3.40%
2014-12-31 CN¥2.04 Billion
≈ $298.20 Million
+9.26%
2013-12-31 CN¥1.87 Billion
≈ $272.92 Million
+7.59%
2012-12-31 CN¥1.73 Billion
≈ $253.68 Million
-3.70%
2011-12-31 CN¥1.80 Billion
≈ $263.44 Million
-4.14%
2010-12-31 CN¥1.88 Billion
≈ $274.82 Million
+10.64%
2009-12-31 CN¥1.70 Billion
≈ $248.40 Million
+0.80%
2008-12-31 CN¥1.68 Billion
≈ $246.43 Million
+56.68%
2007-12-31 CN¥1.07 Billion
≈ $157.28 Million
+57.37%
2006-12-31 CN¥683.01 Million
≈ $99.95 Million
-16.58%
2005-12-31 CN¥818.75 Million
≈ $119.81 Million
--

Equity Component Analysis

This analysis shows how different components contribute to Yantai Tayho Advanced 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 511.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥1.96 Billion 27.59%
Common Stock CN¥862.95 Million 12.17%
Other Comprehensive Income CN¥9.55 Million 0.13%
Other Components CN¥4.26 Billion 60.11%
Total Equity CN¥7.09 Billion 100.00%

Yantai Tayho Advanced Materials Co Ltd Competitors by Market Cap

The table below lists competitors of Yantai Tayho Advanced Materials Co Ltd ranked by their market capitalization.

Company Market Cap
Beijing Water Business Doctor
SHE:300055
$1.42 Billion
Immunocore Holdings Ltd
NASDAQ:IMCR
$1.42 Billion
Trevi Therapeutics Inc
NASDAQ:TRVI
$1.42 Billion
momo.com Inc
TW:8454
$1.42 Billion
HIAG Immobilien Holding AG
SW:HIAG
$1.42 Billion
Is Yatirim Menkul Degerler AS
IS:ISMEN
$1.42 Billion
Redwire Corp
NYSE:RDW
$1.42 Billion
Privi Speciality Chemicals Limited
NSE:PRIVISCL
$1.42 Billion

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 7,251,653,182 to 7,089,469,890, a change of -162,183,292 (-2.2%).
  • Net income of 89,537,092 contributed positively to equity growth.
  • Dividend payments of 345,691,707 reduced retained earnings.
  • Share repurchases of 97,867,508 reduced equity.
  • Other comprehensive income increased equity by 2,808,523.
  • Other factors increased equity by 189,030,308.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥89.54 Million +1.26%
Dividends Paid CN¥345.69 Million -4.88%
Share Repurchases CN¥97.87 Million -1.38%
Other Comprehensive Income CN¥2.81 Million +0.04%
Other Changes CN¥189.03 Million +2.67%
Total Change CN¥- -2.24%

Book Value vs Market Value Analysis

This analysis compares Yantai Tayho Advanced 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: 1.35x
  • 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 7.10x to 1.35x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2005-12-31 CN¥1.60 CN¥11.34 x
2006-12-31 CN¥1.29 CN¥11.34 x
2007-12-31 CN¥2.06 CN¥11.34 x
2008-12-31 CN¥2.90 CN¥11.34 x
2009-12-31 CN¥2.55 CN¥11.34 x
2010-12-31 CN¥2.78 CN¥11.34 x
2011-12-31 CN¥2.73 CN¥11.34 x
2012-12-31 CN¥2.69 CN¥11.34 x
2013-12-31 CN¥2.89 CN¥11.34 x
2014-12-31 CN¥3.09 CN¥11.34 x
2015-12-31 CN¥3.26 CN¥11.34 x
2016-12-31 CN¥3.39 CN¥11.34 x
2017-12-31 CN¥3.25 CN¥11.34 x
2018-12-31 CN¥3.58 CN¥11.34 x
2019-12-31 CN¥3.84 CN¥11.34 x
2020-12-31 CN¥5.45 CN¥11.34 x
2021-12-31 CN¥5.79 CN¥11.34 x
2022-12-31 CN¥5.93 CN¥11.34 x
2023-12-31 CN¥8.49 CN¥11.34 x
2024-12-31 CN¥8.41 CN¥11.34 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Yantai Tayho Advanced 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): 1.26%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 2.28%
  • • Asset Turnover: 0.26x
  • • Equity Multiplier: 2.10x
  • Recent ROE (1.26%) is below the historical average (9.35%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2005 4.91% 4.30% 0.59x 1.94x CN¥-36.94 Million
2006 8.12% 4.35% 0.83x 2.26x CN¥-11.02 Million
2007 37.35% 19.90% 1.16x 1.62x CN¥256.19 Million
2008 11.78% 12.83% 0.73x 1.25x CN¥27.49 Million
2009 7.04% 9.63% 0.58x 1.25x CN¥-45.98 Million
2010 14.98% 17.18% 0.66x 1.33x CN¥85.08 Million
2011 8.46% 9.05% 0.67x 1.40x CN¥-25.39 Million
2012 2.79% 2.90% 0.70x 1.38x CN¥-114.94 Million
2013 4.90% 4.76% 0.77x 1.33x CN¥-87.72 Million
2014 8.08% 8.51% 0.68x 1.39x CN¥-35.98 Million
2015 4.92% 5.95% 0.62x 1.32x CN¥-98.47 Million
2016 2.95% 3.72% 0.61x 1.30x CN¥-140.73 Million
2017 4.93% 6.44% 0.59x 1.29x CN¥-102.96 Million
2018 7.25% 7.20% 0.57x 1.76x CN¥-59.22 Million
2019 10.02% 9.27% 0.59x 1.84x CN¥538.59K
2020 7.53% 10.68% 0.39x 1.80x CN¥-85.73 Million
2021 24.37% 21.93% 0.54x 2.05x CN¥569.48 Million
2022 10.74% 11.62% 0.37x 2.47x CN¥30.08 Million
2023 4.59% 8.48% 0.29x 1.88x CN¥-392.12 Million
2024 1.26% 2.28% 0.26x 2.10x CN¥-619.41 Million

Industry Comparison

This section compares Yantai Tayho Advanced Materials Co Ltd's net assets metrics with peer companies in the Chemicals industry.

Industry Context

  • Industry: Chemicals
  • Average net assets among peers: $2,526,275,526
  • Average return on equity (ROE) among peers: 14.16%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Yantai Tayho Advanced Materials Co Ltd (002254) CN¥7.82 Billion 4.91% 0.94x $1.42 Billion
North Huajin Chemical Industries Co Ltd (000059) $12.66 Billion 14.57% 1.45x $1.33 Billion
Sichuan Chemical Co Ltd (000155) $7.35 Billion 4.73% 1.50x $4.71 Billion
Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) $246.65 Million 3.47% 1.71x $12.84 Billion
Zangge Holding Co Ltd (000408) $477.67 Million 1.53% 1.45x $20.51 Billion
Sichuan Jinlu Group Co Ltd (000510) $1.17 Billion 5.97% 1.33x $1.34 Billion
Jilin Gpro Titanium Industry Co Ltd (000545) $313.50 Million 0.80% 0.55x $436.10 Million
Aoyuan Beauty Valley Technology Co Ltd (000615) $54.68 Million 39.27% 1.16x $871.02 Million
Ningxia Younglight Chemicals Co Ltd (000635) $2.67 Billion 1.91% 0.16x $470.62 Million
Maoming Petro-Chemical Shihua Co Ltd (000637) $220.98 Million 19.06% 0.40x $366.68 Million
Inner Mongolia Yuan Xing Energy Co Ltd (000683) $93.73 Million 50.32% 1.49x $4.87 Billion

About Yantai Tayho Advanced Materials Co Ltd

SHE:002254 China Chemicals
Market Cap
$1.42 Billion
CN¥9.72 Billion CNY
Market Cap Rank
#7600 Global
#1853 in China
Share Price
CN¥11.34
Change (1 day)
+3.56%
52-Week Range
CN¥9.20 - CN¥13.82
All Time High
CN¥26.41
About

Tayho Advanced Materials Group Co., Ltd. engages in the research and development, production, and sale of high-tech fibers in China. It provides Newstar Spandex, a polyurethane elastic fiber that is used in underwear, socks, tights, sportswear, swimwear, laces, and suits, as well as in medical and hygiene textiles, automotive interiors, etc. The company also provides Newstar Meta-aramid, an aroma… Read more