Hunan Boyun New Materials Co Ltd

SHE:002297 China Chemicals
Market Cap
$885.76 Million
CN¥6.50 Billion CNY
Market Cap Rank
#8296 Global
#1546 in China
Share Price
CN¥11.34
Change (1 day)
-3.49%
52-Week Range
CN¥5.74 - CN¥14.19
All Time High
CN¥17.52
About

Hunan Boyun New Materials Co.,Ltd researches, develops, produces, and sells aircraft wheel brake systems and brake materials, and carbon composite materials for aerospace, cemented carbide, and rare metal powder materials in China. The company serves aviation, aerospace, and civil industry fields. It also exports its products to the United States, Russia, Europe, Singapore, Indonesia, other South… Read more

Hunan Boyun New Materials Co Ltd (002297) - Net Assets

Latest net assets as of September 2025: CN¥2.15 Billion CNY

Based on the latest financial reports, Hunan Boyun New Materials Co Ltd (002297) has net assets worth CN¥2.15 Billion CNY as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.12 Billion) and total liabilities (CN¥970.26 Million). 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.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥2.15 Billion
% of Total Assets 68.89%
Annual Growth Rate 15.19%
5-Year Change 46.44%
10-Year Change 98.33%
Growth Volatility 33.36

Hunan Boyun New Materials Co Ltd - Net Assets Trend (2006–2024)

This chart illustrates how Hunan Boyun New Materials Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Hunan Boyun New Materials Co Ltd (2006–2024)

The table below shows the annual net assets of Hunan Boyun New Materials Co Ltd from 2006 to 2024.

Year Net Assets Change
2024-12-31 CN¥2.07 Billion -3.33%
2023-12-31 CN¥2.14 Billion +1.54%
2022-12-31 CN¥2.11 Billion +1.66%
2021-12-31 CN¥2.08 Billion +46.74%
2020-12-31 CN¥1.42 Billion +1.85%
2019-12-31 CN¥1.39 Billion -11.15%
2018-12-31 CN¥1.56 Billion -0.91%
2017-12-31 CN¥1.58 Billion -4.57%
2016-12-31 CN¥1.65 Billion +58.26%
2015-12-31 CN¥1.05 Billion -11.78%
2014-12-31 CN¥1.19 Billion +0.71%
2013-12-31 CN¥1.18 Billion +79.38%
2012-12-31 CN¥655.99 Million +1.64%
2011-12-31 CN¥645.44 Million +6.57%
2010-12-31 CN¥605.62 Million +5.81%
2009-12-31 CN¥572.36 Million +106.39%
2008-12-31 CN¥277.32 Million +11.02%
2007-12-31 CN¥249.80 Million +53.72%
2006-12-31 CN¥162.51 Million --

Equity Component Analysis

This analysis shows how different components contribute to Hunan Boyun New 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 decreased by 1273.9% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥573.10 Million 27.94%
Other Comprehensive Income CN¥24.95 Million 1.22%
Other Components CN¥1.68 Billion 81.81%
Total Equity CN¥2.05 Billion 100.00%

Hunan Boyun New Materials Co Ltd Competitors by Market Cap

The table below lists competitors of Hunan Boyun New Materials Co Ltd ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 2,121,710,261 to 2,051,550,964, a change of -70,159,297 (-3.3%).
  • Net loss of 67,229,786 reduced equity.
  • Dividend payments of 8,249,265 reduced retained earnings.
  • Other comprehensive income decreased equity by 9,357,197.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-67.23 Million -3.28%
Dividends Paid CN¥8.25 Million -0.4%
Other Comprehensive Income CN¥-9.36 Million -0.46%
Other Changes CN¥14.68 Million +0.72%
Total Change CN¥- -3.31%

Book Value vs Market Value Analysis

This analysis compares Hunan Boyun New 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: 3.17x
  • 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 14.06x to 3.17x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2006-12-31 CN¥0.81 CN¥11.34 x
2007-12-31 CN¥0.94 CN¥11.34 x
2008-12-31 CN¥1.03 CN¥11.34 x
2009-12-31 CN¥2.08 CN¥11.34 x
2010-12-31 CN¥1.73 CN¥11.34 x
2011-12-31 CN¥1.85 CN¥11.34 x
2012-12-31 CN¥1.87 CN¥11.34 x
2013-12-31 CN¥3.52 CN¥11.34 x
2014-12-31 CN¥2.18 CN¥11.34 x
2015-12-31 CN¥2.49 CN¥11.34 x
2016-12-31 CN¥3.50 CN¥11.34 x
2017-12-31 CN¥3.18 CN¥11.34 x
2018-12-31 CN¥3.42 CN¥11.34 x
2019-12-31 CN¥2.91 CN¥11.34 x
2020-12-31 CN¥2.95 CN¥11.34 x
2021-12-31 CN¥4.00 CN¥11.34 x
2022-12-31 CN¥3.65 CN¥11.34 x
2023-12-31 CN¥3.70 CN¥11.34 x
2024-12-31 CN¥3.58 CN¥11.34 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Hunan Boyun New 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): -3.28%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -9.43%
  • • Asset Turnover: 0.24x
  • • Equity Multiplier: 1.44x
  • Recent ROE (-3.28%) is below the historical average (1.23%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2006 9.09% 13.22% 0.31x 2.23x CN¥-1.38 Million
2007 12.72% 16.91% 0.39x 1.94x CN¥5.97 Million
2008 10.33% 15.39% 0.35x 1.90x CN¥795.31K
2009 4.80% 14.96% 0.24x 1.34x CN¥-27.95 Million
2010 4.63% 11.86% 0.26x 1.48x CN¥-29.97 Million
2011 6.12% 12.20% 0.30x 1.67x CN¥-23.09 Million
2012 3.54% 6.89% 0.27x 1.92x CN¥-38.85 Million
2013 -3.12% -9.61% 0.19x 1.74x CN¥-148.22 Million
2014 0.46% 1.37% 0.22x 1.53x CN¥-108.24 Million
2015 -13.64% -42.62% 0.18x 1.75x CN¥-235.99 Million
2016 0.40% 1.22% 0.22x 1.50x CN¥-152.76 Million
2017 -4.09% -11.45% 0.24x 1.48x CN¥-215.05 Million
2018 1.76% 5.31% 0.23x 1.42x CN¥-127.12 Million
2019 -12.14% -47.64% 0.18x 1.38x CN¥-303.61 Million
2020 2.28% 9.17% 0.17x 1.48x CN¥-107.27 Million
2021 0.92% 3.95% 0.18x 1.27x CN¥-186.61 Million
2022 1.15% 4.30% 0.21x 1.29x CN¥-184.97 Million
2023 1.38% 4.95% 0.21x 1.35x CN¥-182.90 Million
2024 -3.28% -9.43% 0.24x 1.44x CN¥-272.38 Million

Industry Comparison

This section compares Hunan Boyun New Materials Co Ltd's net assets metrics with peer companies in the Chemicals industry.

Industry Context

  • Industry: Chemicals
  • Average net assets among peers: $2,626,916,213
  • Average return on equity (ROE) among peers: 12.41%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Hunan Boyun New Materials Co Ltd (002297) CN¥2.15 Billion 9.09% 0.45x $786.03 Million
North Huajin Chemical Industries Co Ltd (000059) $6.22 Billion 3.15% 2.45x $677.73 Million
Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) $1.22 Billion 8.90% 0.47x $2.89 Billion
Zangge Holding Co Ltd (000408) $13.85 Billion 18.63% 0.09x $11.87 Billion
Sichuan Jinlu Group Co Ltd (000510) $31.03 Million 11.65% 3.42x $1.15 Billion
Jilin Gpro Titanium Industry Co Ltd (000545) $258.76 Million 6.78% 0.30x $423.89 Million
Aoyuan Beauty Valley Technology Co Ltd (000615) $54.68 Million 39.27% 1.16x $225.85 Million
Ningxia Younglight Chemicals Co Ltd (000635) $184.46 Million 13.30% 2.58x $295.21 Million
Maoming Petro-Chemical Shihua Co Ltd (000637) $691.87 Million 1.61% 0.02x $187.22 Million
Shenyang Chemical Industry Co Ltd (000698) $3.01 Billion 7.14% 1.28x $240.44 Million
Hubei Shuanghuan Science and Technology Stock Co Ltd (000707) $759.12 Million 13.65% 0.22x $412.94 Million