Suzhou Yangtze New Materials
Suzhou Yangtze New Materials Co., Ltd. engages in the research, development, production, and sale of functional and decorative materials in China, and internationally. The company offers antistatic and antibacterial color coated sheets for use in chip production, mobile phone assembly, and mobile phone screen manufacturing workshop, cleanroom, freezer, hospital, and operating room applications; a… Read more
Suzhou Yangtze New Materials (002652) - Net Assets
Latest net assets as of September 2025: CN¥250.76 Million CNY
Based on the latest financial reports, Suzhou Yangtze New Materials (002652) has net assets worth CN¥250.76 Million 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¥447.87 Million) and total liabilities (CN¥197.11 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¥250.76 Million |
| % of Total Assets | 55.99% |
| Annual Growth Rate | 5.36% |
| 5-Year Change | -16.94% |
| 10-Year Change | -61.2% |
| Growth Volatility | 33.14 |
Suzhou Yangtze New Materials - Net Assets Trend (2008–2024)
This chart illustrates how Suzhou Yangtze New Materials's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Suzhou Yangtze New Materials (2008–2024)
The table below shows the annual net assets of Suzhou Yangtze New Materials from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥266.37 Million | +2.70% |
| 2023-12-31 | CN¥259.36 Million | +14.04% |
| 2022-12-31 | CN¥227.42 Million | -18.58% |
| 2021-12-31 | CN¥279.33 Million | -12.90% |
| 2020-12-31 | CN¥320.70 Million | -51.05% |
| 2019-12-31 | CN¥655.14 Million | -32.29% |
| 2018-12-31 | CN¥967.55 Million | -1.37% |
| 2017-12-31 | CN¥981.03 Million | +13.44% |
| 2016-12-31 | CN¥864.82 Million | +25.97% |
| 2015-12-31 | CN¥686.52 Million | +17.17% |
| 2014-12-31 | CN¥585.92 Million | +3.18% |
| 2013-12-31 | CN¥567.87 Million | +4.22% |
| 2012-12-31 | CN¥544.87 Million | +102.43% |
| 2011-12-31 | CN¥269.17 Million | +27.86% |
| 2010-12-31 | CN¥210.53 Million | +37.63% |
| 2009-12-31 | CN¥152.97 Million | +32.35% |
| 2008-12-31 | CN¥115.58 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Suzhou Yangtze New Materials'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 157856.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥512.06 Million | 192.24% |
| Other Comprehensive Income | CN¥36.08 Million | 13.54% |
| Other Components | CN¥7.40 Million | 2.78% |
| Total Equity | CN¥266.37 Million | 100.00% |
Suzhou Yangtze New Materials Competitors by Market Cap
The table below lists competitors of Suzhou Yangtze New Materials ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zhejiang Shuangyuan Technology Co. Ltd. A
SHG:688623
|
$234.07 Million |
|
Turvo International Co Ltd
TW:2233
|
$234.13 Million |
|
Career Technology MFG Co Ltd
TW:6153
|
$234.15 Million |
|
Red Star Macalline Group Corporation Ltd
F:3S5
|
$234.20 Million |
|
Puma Biotechnology Inc
NASDAQ:PBYI
|
$234.04 Million |
|
Hainan Shuangcheng Pharmaceut
SHE:002693
|
$234.02 Million |
|
Shanghai Haohai Biological Technology Co. Ltd
F:5HB
|
$234.01 Million |
|
Hubei Guangji Pharmaceutical Co Ltd
SHE:000952
|
$233.96 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Suzhou Yangtze New Materials's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 259,356,213 to 266,365,242, a change of 7,009,029 (2.7%).
- Net income of 7,009,028 contributed positively to equity growth.
- Dividend payments of 11,275,183 reduced retained earnings.
- Other factors increased equity by 11,275,184.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥7.01 Million | +2.63% |
| Dividends Paid | CN¥11.28 Million | -4.23% |
| Other Changes | CN¥11.28 Million | +4.23% |
| Total Change | CN¥- | 2.70% |
Book Value vs Market Value Analysis
This analysis compares Suzhou Yangtze New Materials'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: 9.99x
- 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 17.09x to 9.99x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | CN¥0.30 | CN¥5.20 | x |
| 2009-12-31 | CN¥0.40 | CN¥5.20 | x |
| 2010-12-31 | CN¥0.55 | CN¥5.20 | x |
| 2011-12-31 | CN¥0.70 | CN¥5.20 | x |
| 2012-12-31 | CN¥1.07 | CN¥5.20 | x |
| 2013-12-31 | CN¥1.12 | CN¥5.20 | x |
| 2014-12-31 | CN¥1.11 | CN¥5.20 | x |
| 2015-12-31 | CN¥1.20 | CN¥5.20 | x |
| 2016-12-31 | CN¥1.37 | CN¥5.20 | x |
| 2017-12-31 | CN¥1.49 | CN¥5.20 | x |
| 2018-12-31 | CN¥1.49 | CN¥5.20 | x |
| 2019-12-31 | CN¥0.87 | CN¥5.20 | x |
| 2020-12-31 | CN¥0.63 | CN¥5.20 | x |
| 2021-12-31 | CN¥0.52 | CN¥5.20 | x |
| 2022-12-31 | CN¥0.44 | CN¥5.20 | x |
| 2023-12-31 | CN¥0.51 | CN¥5.20 | x |
| 2024-12-31 | CN¥0.52 | CN¥5.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Suzhou Yangtze New Materials 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): 2.63%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.06%
- • Asset Turnover: 0.71x
- • Equity Multiplier: 1.81x
- Recent ROE (2.63%) is above the historical average (0.42%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 19.17% | 1.99% | 2.49x | 3.86x | CN¥10.60 Million |
| 2009 | 24.45% | 4.12% | 1.86x | 3.18x | CN¥22.10 Million |
| 2010 | 27.34% | 4.48% | 1.99x | 3.08x | CN¥36.51 Million |
| 2011 | 21.79% | 3.85% | 2.69x | 2.10x | CN¥31.73 Million |
| 2012 | 7.57% | 3.07% | 1.96x | 1.26x | CN¥-13.24 Million |
| 2013 | 6.41% | 2.45% | 1.96x | 1.33x | CN¥-20.31 Million |
| 2014 | 6.29% | 2.67% | 1.39x | 1.70x | CN¥-21.74 Million |
| 2015 | 6.78% | 2.84% | 0.80x | 2.97x | CN¥-19.58 Million |
| 2016 | 11.65% | 4.30% | 0.82x | 3.30x | CN¥11.49 Million |
| 2017 | 11.40% | 3.27% | 0.94x | 3.71x | CN¥10.48 Million |
| 2018 | 5.38% | 1.45% | 0.97x | 3.82x | CN¥-34.01 Million |
| 2019 | -82.02% | -16.65% | 0.83x | 5.96x | CN¥-410.07 Million |
| 2020 | -36.96% | -9.35% | 1.24x | 3.20x | CN¥-150.59 Million |
| 2021 | -21.17% | -8.53% | 0.88x | 2.83x | CN¥-82.51 Million |
| 2022 | -15.92% | -7.48% | 0.81x | 2.63x | CN¥-58.95 Million |
| 2023 | 12.31% | 7.35% | 0.77x | 2.18x | CN¥6.00 Million |
| 2024 | 2.63% | 2.06% | 0.71x | 1.81x | CN¥-19.63 Million |
Industry Comparison
This section compares Suzhou Yangtze New Materials's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $18,547,616,490
- Average return on equity (ROE) among peers: 8.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Suzhou Yangtze New Materials (002652) | CN¥250.76 Million | 19.17% | 0.79x | $234.06 Million |
| CITIC Pacific Special Steel Group Co Ltd (000708) | $1.55 Billion | 1.01% | 1.42x | $1.85 Billion |
| HBIS Co Ltd (000709) | $9.53 Billion | 14.99% | 2.00x | $1.24 Billion |
| Sgis Songshan Co Ltd (000717) | $2.28 Billion | 9.87% | 0.31x | $429.26 Million |
| Bengang Steel Plates Co Ltd (000761) | $15.56 Billion | 5.11% | 1.64x | $448.58 Million |
| Xinxing Ductile Iron Pipes Co Ltd (000778) | $26.34 Billion | 7.62% | 1.03x | $1.50 Billion |
| Shanxi Taigang Stainless Steel Co Ltd (000825) | $2.09 Billion | 9.33% | 0.71x | $1.32 Billion |
| Jiangsu Fasten Co Ltd (000890) | $945.38 Million | 15.14% | 9.25x | $283.59 Million |
| Angang Steel Co Ltd Class A (000898) | $54.26 Billion | 13.87% | 0.60x | $1.17 Billion |
| Hunan Valin Steel Co Ltd (000932) | $18.32 Billion | 8.80% | 1.64x | $1.17 Billion |
| Beijing Shougang Co Ltd (000959) | $54.60 Billion | 0.86% | 1.41x | $904.12 Million |