Hunan Boyun New Materials Co Ltd (002297) - Net Assets
Based on the latest financial reports, Hunan Boyun New Materials Co Ltd (002297) has net assets worth CN¥2.15 Billion CNY (≈ $314.40 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¥3.12 Billion ≈ $456.38 Million USD) and total liabilities (CN¥970.26 Million ≈ $141.98 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 002297 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore Hunan Boyun New Materials Co Ltd asset portfolio for the complete picture of this company's asset base.
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. For live valuation and market cap data, see market value of Hunan Boyun New Materials Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.07 Billion ≈ $303.40 Million |
-3.33% |
| 2023-12-31 | CN¥2.14 Billion ≈ $313.84 Million |
+1.54% |
| 2022-12-31 | CN¥2.11 Billion ≈ $309.08 Million |
+1.66% |
| 2021-12-31 | CN¥2.08 Billion ≈ $304.03 Million |
+46.74% |
| 2020-12-31 | CN¥1.42 Billion ≈ $207.19 Million |
+1.85% |
| 2019-12-31 | CN¥1.39 Billion ≈ $203.41 Million |
-11.15% |
| 2018-12-31 | CN¥1.56 Billion ≈ $228.93 Million |
-0.91% |
| 2017-12-31 | CN¥1.58 Billion ≈ $231.03 Million |
-4.57% |
| 2016-12-31 | CN¥1.65 Billion ≈ $242.10 Million |
+58.26% |
| 2015-12-31 | CN¥1.05 Billion ≈ $152.98 Million |
-11.78% |
| 2014-12-31 | CN¥1.19 Billion ≈ $173.41 Million |
+0.71% |
| 2013-12-31 | CN¥1.18 Billion ≈ $172.19 Million |
+79.38% |
| 2012-12-31 | CN¥655.99 Million ≈ $95.99 Million |
+1.64% |
| 2011-12-31 | CN¥645.44 Million ≈ $94.45 Million |
+6.57% |
| 2010-12-31 | CN¥605.62 Million ≈ $88.62 Million |
+5.81% |
| 2009-12-31 | CN¥572.36 Million ≈ $83.75 Million |
+106.39% |
| 2008-12-31 | CN¥277.32 Million ≈ $40.58 Million |
+11.02% |
| 2007-12-31 | CN¥249.80 Million ≈ $36.55 Million |
+53.72% |
| 2006-12-31 | CN¥162.51 Million ≈ $23.78 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.
| Company | Market Cap |
|---|---|
|
OCADO GROUP SP.ADR 1/2
F:0OC1
|
$2.05 Billion |
|
DCM Shriram Limited
NSE:DCMSHRIRAM
|
$2.06 Billion |
|
Bausch Health Companies Inc
TO:BHC
|
$2.06 Billion |
|
Nanjing Sunlord Electronics Corporation LTD
SHE:300975
|
$2.06 Billion |
|
Ascletis Pharma Inc
F:2VJ
|
$2.05 Billion |
|
Rendong Holdings Co Ltd
SHE:002647
|
$2.05 Billion |
|
HENSOLDT AG UNSP. ADS
F:HAG0
|
$2.05 Billion |
|
Electra Ltd
TA:ELTR
|
$2.05 Billion |
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: 6.84x
- 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 30.38x to 6.84x 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¥24.50 | x |
| 2007-12-31 | CN¥0.94 | CN¥24.50 | x |
| 2008-12-31 | CN¥1.03 | CN¥24.50 | x |
| 2009-12-31 | CN¥2.08 | CN¥24.50 | x |
| 2010-12-31 | CN¥1.73 | CN¥24.50 | x |
| 2011-12-31 | CN¥1.85 | CN¥24.50 | x |
| 2012-12-31 | CN¥1.87 | CN¥24.50 | x |
| 2013-12-31 | CN¥3.52 | CN¥24.50 | x |
| 2014-12-31 | CN¥2.18 | CN¥24.50 | x |
| 2015-12-31 | CN¥2.49 | CN¥24.50 | x |
| 2016-12-31 | CN¥3.50 | CN¥24.50 | x |
| 2017-12-31 | CN¥3.18 | CN¥24.50 | x |
| 2018-12-31 | CN¥3.42 | CN¥24.50 | x |
| 2019-12-31 | CN¥2.91 | CN¥24.50 | x |
| 2020-12-31 | CN¥2.95 | CN¥24.50 | x |
| 2021-12-31 | CN¥4.00 | CN¥24.50 | x |
| 2022-12-31 | CN¥3.65 | CN¥24.50 | x |
| 2023-12-31 | CN¥3.70 | CN¥24.50 | x |
| 2024-12-31 | CN¥3.58 | CN¥24.50 | 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: $2,526,275,526
- Average return on equity (ROE) among peers: 14.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hunan Boyun New Materials Co Ltd (002297) | CN¥2.15 Billion | 9.09% | 0.45x | $2.05 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 Hunan Boyun New Materials Co Ltd
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