Beijing Lier High Temperature Materials Co Ltd
Beijing Lier High-temperature Materials Co.,Ltd. research, develops, produces, and sells refractories for the iron and steel, nonferrous, petrochemicals, construction materials, and other industries in China and internationally. The company offers raw material products, including white corundum, fused magnesia alumina spinel, activated alumina micro powder, and homogenized bauxite, as well as fus… Read more
Beijing Lier High Temperature Materials Co Ltd (002392) - Net Assets
Latest net assets as of September 2025: CN¥5.91 Billion CNY
Based on the latest financial reports, Beijing Lier High Temperature Materials Co Ltd (002392) has net assets worth CN¥5.91 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¥10.29 Billion) and total liabilities (CN¥4.38 Billion). 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¥5.91 Billion |
| % of Total Assets | 57.46% |
| Annual Growth Rate | 20.5% |
| 5-Year Change | 32.25% |
| 10-Year Change | 91.03% |
| Growth Volatility | 81.67 |
Beijing Lier High Temperature Materials Co Ltd - Net Assets Trend (2006–2024)
This chart illustrates how Beijing Lier High Temperature 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 Beijing Lier High Temperature Materials Co Ltd (2006–2024)
The table below shows the annual net assets of Beijing Lier High Temperature Materials Co Ltd from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥5.46 Billion | +1.70% |
| 2023-12-31 | CN¥5.37 Billion | +7.92% |
| 2022-12-31 | CN¥4.97 Billion | +7.51% |
| 2021-12-31 | CN¥4.63 Billion | +12.07% |
| 2020-12-31 | CN¥4.13 Billion | +8.27% |
| 2019-12-31 | CN¥3.81 Billion | +10.62% |
| 2018-12-31 | CN¥3.45 Billion | +9.37% |
| 2017-12-31 | CN¥3.15 Billion | +4.62% |
| 2016-12-31 | CN¥3.01 Billion | +5.40% |
| 2015-12-31 | CN¥2.86 Billion | -2.58% |
| 2014-12-31 | CN¥2.93 Billion | +6.35% |
| 2013-12-31 | CN¥2.76 Billion | +38.92% |
| 2012-12-31 | CN¥1.99 Billion | +4.42% |
| 2011-12-31 | CN¥1.90 Billion | +5.27% |
| 2010-12-31 | CN¥1.81 Billion | +365.17% |
| 2009-12-31 | CN¥388.40 Million | +27.45% |
| 2008-12-31 | CN¥304.74 Million | +18.60% |
| 2007-12-31 | CN¥256.94 Million | +35.14% |
| 2006-12-31 | CN¥190.13 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Beijing Lier High Temperature 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 2377.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥3.04 Billion | 56.79% |
| Common Stock | CN¥1.19 Billion | 22.22% |
| Other Comprehensive Income | CN¥239.54 Million | 4.47% |
| Other Components | CN¥885.18 Million | 16.52% |
| Total Equity | CN¥5.36 Billion | 100.00% |
Beijing Lier High Temperature Materials Co Ltd Competitors by Market Cap
The table below lists competitors of Beijing Lier High Temperature Materials Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Imerys SA
PA:NK
|
$722.34 Million |
|
FARO Technologies Inc
NASDAQ:FARO
|
$722.38 Million |
|
Empire State Realty Trust Inc
NYSE:ESRT
|
$722.44 Million |
|
Ningbo Tech-Bank Co Ltd
SHE:002124
|
$722.58 Million |
|
Basellandschaftliche Kantonalbank
SW:BLKB
|
$721.98 Million |
|
Allis Electric Co Ltd
TW:1514
|
$721.68 Million |
|
Criteo S.A
F:CI5A
|
$721.27 Million |
|
Pason Systems Inc
OTCQX:PSYTF
|
$721.04 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Beijing Lier High Temperature Materials Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,233,692,911 to 5,358,543,509, a change of 124,850,598 (2.4%).
- Net income of 318,590,066 contributed positively to equity growth.
- Dividend payments of 93,196,332 reduced retained earnings.
- Share repurchases of 93,912,873 reduced equity.
- Other comprehensive income increased equity by 4,429,359.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥318.59 Million | +5.95% |
| Dividends Paid | CN¥93.20 Million | -1.74% |
| Share Repurchases | CN¥93.91 Million | -1.75% |
| Other Comprehensive Income | CN¥4.43 Million | +0.08% |
| Other Changes | CN¥-11.06 Million | -0.21% |
| Total Change | CN¥- | 2.39% |
Book Value vs Market Value Analysis
This analysis compares Beijing Lier High Temperature 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: 1.62x
- 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 34.46x to 1.62x 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¥0.21 | CN¥7.37 | x |
| 2007-12-31 | CN¥0.29 | CN¥7.37 | x |
| 2008-12-31 | CN¥0.37 | CN¥7.37 | x |
| 2009-12-31 | CN¥0.47 | CN¥7.37 | x |
| 2010-12-31 | CN¥1.83 | CN¥7.37 | x |
| 2011-12-31 | CN¥1.75 | CN¥7.37 | x |
| 2012-12-31 | CN¥1.86 | CN¥7.37 | x |
| 2013-12-31 | CN¥2.47 | CN¥7.37 | x |
| 2014-12-31 | CN¥2.46 | CN¥7.37 | x |
| 2015-12-31 | CN¥2.38 | CN¥7.37 | x |
| 2016-12-31 | CN¥2.45 | CN¥7.37 | x |
| 2017-12-31 | CN¥2.68 | CN¥7.37 | x |
| 2018-12-31 | CN¥2.89 | CN¥7.37 | x |
| 2019-12-31 | CN¥3.20 | CN¥7.37 | x |
| 2020-12-31 | CN¥3.49 | CN¥7.37 | x |
| 2021-12-31 | CN¥3.91 | CN¥7.37 | x |
| 2022-12-31 | CN¥4.11 | CN¥7.37 | x |
| 2023-12-31 | CN¥4.43 | CN¥7.37 | x |
| 2024-12-31 | CN¥4.54 | CN¥7.37 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Beijing Lier High Temperature 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): 5.95%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.04%
- • Asset Turnover: 0.70x
- • Equity Multiplier: 1.68x
- Recent ROE (5.95%) is below the historical average (11.00%), 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 | 32.50% | 18.90% | 0.95x | 1.80x | CN¥38.99 Million |
| 2007 | 30.84% | 18.70% | 0.93x | 1.77x | CN¥48.57 Million |
| 2008 | 21.82% | 15.68% | 0.88x | 1.58x | CN¥35.52 Million |
| 2009 | 25.27% | 17.82% | 0.89x | 1.59x | CN¥58.69 Million |
| 2010 | 5.92% | 15.10% | 0.34x | 1.16x | CN¥-73.73 Million |
| 2011 | 6.35% | 13.08% | 0.39x | 1.25x | CN¥-68.98 Million |
| 2012 | 5.66% | 10.17% | 0.44x | 1.27x | CN¥-85.81 Million |
| 2013 | 6.27% | 11.68% | 0.41x | 1.31x | CN¥-102.82 Million |
| 2014 | 6.92% | 10.78% | 0.47x | 1.38x | CN¥-90.29 Million |
| 2015 | -1.62% | -2.63% | 0.37x | 1.65x | CN¥-331.89 Million |
| 2016 | 4.90% | 7.85% | 0.38x | 1.63x | CN¥-153.29 Million |
| 2017 | 5.22% | 7.18% | 0.43x | 1.69x | CN¥-150.51 Million |
| 2018 | 9.68% | 10.42% | 0.62x | 1.51x | CN¥-10.90 Million |
| 2019 | 10.93% | 11.11% | 0.67x | 1.47x | CN¥35.45 Million |
| 2020 | 11.00% | 10.51% | 0.70x | 1.51x | CN¥41.35 Million |
| 2021 | 8.61% | 8.10% | 0.72x | 1.48x | CN¥-64.00 Million |
| 2022 | 5.24% | 5.43% | 0.62x | 1.55x | CN¥-232.38 Million |
| 2023 | 7.48% | 6.91% | 0.66x | 1.65x | CN¥-131.74 Million |
| 2024 | 5.95% | 5.04% | 0.70x | 1.68x | CN¥-217.26 Million |
Industry Comparison
This section compares Beijing Lier High Temperature Materials Co Ltd's net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $924,548,211
- Average return on equity (ROE) among peers: 9.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Beijing Lier High Temperature Materials Co Ltd (002392) | CN¥5.91 Billion | 32.50% | 0.74x | $722.14 Million |
| Xinjiang Hejin Holding Co Ltd (000633) | $64.30 Million | 0.00% | 1.02x | $276.51 Million |
| Chongqing Changjiang River Moulding Material (Group) Co. Ltd. (001296) | $563.95 Million | 12.68% | 0.31x | $177.83 Million |
| Winstech Precision Hldg Co (001319) | $1.31 Billion | 8.55% | 0.30x | $167.74 Million |
| Guangdong Jingyi Metal Co Ltd (002295) | $785.40 Million | -7.13% | 0.66x | $373.68 Million |
| Shanghai Xinpeng Industry Co Ltd (002328) | $2.40 Billion | 2.65% | 0.12x | $461.37 Million |
| Suzhou Victory Precision Manufacture Co Ltd (002426) | $245.28 Million | 58.16% | 1.15x | $1.78 Billion |
| Dajin Heavy Industry Corp (002487) | $1.51 Billion | 2.42% | 0.28x | $3.72 Billion |
| Jiangsu Boamax Technologies Group Co Ltd (002514) | $966.88 Million | 1.75% | 0.27x | $292.45 Million |
| Guangzheng Group Co Ltd (002524) | $467.88 Million | 4.77% | 0.48x | $226.79 Million |