Suzhou Yangtze New Materials (002652) - Net Assets
Based on the latest financial reports, Suzhou Yangtze New Materials (002652) has net assets worth CN¥234.82 Million CNY (≈ $34.36 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥430.02 Million ≈ $62.93 Million USD) and total liabilities (CN¥195.20 Million ≈ $28.56 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. Also explore 002652 current and non-current assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥234.82 Million |
| % of Total Assets | 54.61% |
| Annual Growth Rate | 4.34% |
| 5-Year Change | -14.78% |
| 10-Year Change | -72.48% |
| Growth Volatility | 32.53 |
Suzhou Yangtze New Materials - Net Assets Trend (2008–2025)
This chart illustrates how Suzhou Yangtze New Materials's net assets have evolved over time, based on quarterly financial data. Check 002652 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Suzhou Yangtze New Materials (2008–2025)
The table below shows the annual net assets of Suzhou Yangtze New Materials from 2008 to 2025. For live valuation and market cap data, see 002652 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥238.03 Million ≈ $34.83 Million |
-10.64% |
| 2024-12-31 | CN¥266.37 Million ≈ $38.98 Million |
+2.70% |
| 2023-12-31 | CN¥259.36 Million ≈ $37.95 Million |
+14.04% |
| 2022-12-31 | CN¥227.42 Million ≈ $33.28 Million |
-18.58% |
| 2021-12-31 | CN¥279.33 Million ≈ $40.87 Million |
-12.90% |
| 2020-12-31 | CN¥320.70 Million ≈ $46.93 Million |
-51.05% |
| 2019-12-31 | CN¥655.14 Million ≈ $95.87 Million |
-32.29% |
| 2018-12-31 | CN¥967.55 Million ≈ $141.58 Million |
-1.37% |
| 2017-12-31 | CN¥981.03 Million ≈ $143.55 Million |
+13.44% |
| 2016-12-31 | CN¥864.82 Million ≈ $126.55 Million |
+25.97% |
| 2015-12-31 | CN¥686.52 Million ≈ $100.46 Million |
+17.17% |
| 2014-12-31 | CN¥585.92 Million ≈ $85.74 Million |
+3.18% |
| 2013-12-31 | CN¥567.87 Million ≈ $83.10 Million |
+4.22% |
| 2012-12-31 | CN¥544.87 Million ≈ $79.73 Million |
+102.43% |
| 2011-12-31 | CN¥269.17 Million ≈ $39.39 Million |
+27.86% |
| 2010-12-31 | CN¥210.53 Million ≈ $30.81 Million |
+37.63% |
| 2009-12-31 | CN¥152.97 Million ≈ $22.38 Million |
+32.35% |
| 2008-12-31 | CN¥115.58 Million ≈ $16.91 Million |
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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 173312.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥555.54 Million | 233.39% |
| Total Equity | CN¥238.03 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 |
|---|---|
|
Geojit Financial Services Limited
NSE:GEOJITFSL
|
$250.30 Million |
|
Young Fast Optoelectronics Co Ltd
TW:3622
|
$250.30 Million |
|
Companhia Brasileira de Distribuição
SA:PCAR3
|
$250.31 Million |
|
Langfang Development Co Ltd
SHG:600149
|
$250.33 Million |
|
Dongnan Electronics Co. Ltd. A
SHE:301359
|
$250.24 Million |
|
Launch One Acquisition Corp. Class A Ordinary shares
NASDAQ:LPAA
|
$250.24 Million |
|
Cafe24 Corp
KQ:042000
|
$250.20 Million |
|
Ressources Minieres Radisson Inc
V:RDS
|
$250.19 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 2024 to 2025, total equity changed from 266,365,242 to 238,033,079, a change of -28,332,163 (-10.6%).
- Net loss of 28,332,163 reduced equity.
- Dividend payments of 7,918,409 reduced retained earnings.
- Other comprehensive income decreased equity by 36,075,086.
- Other factors increased equity by 43,993,495.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-28.33 Million | -11.9% |
| Dividends Paid | CN¥7.92 Million | -3.33% |
| Other Comprehensive Income | CN¥-36.08 Million | -15.16% |
| Other Changes | CN¥43.99 Million | +18.48% |
| Total Change | CN¥- | -10.64% |
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: 7.19x
- 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 10.98x to 7.19x 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¥3.34 | x |
| 2009-12-31 | CN¥0.40 | CN¥3.34 | x |
| 2010-12-31 | CN¥0.55 | CN¥3.34 | x |
| 2011-12-31 | CN¥0.70 | CN¥3.34 | x |
| 2012-12-31 | CN¥1.09 | CN¥3.34 | x |
| 2013-12-31 | CN¥1.12 | CN¥3.34 | x |
| 2014-12-31 | CN¥1.12 | CN¥3.34 | x |
| 2015-12-31 | CN¥1.20 | CN¥3.34 | x |
| 2016-12-31 | CN¥1.37 | CN¥3.34 | x |
| 2017-12-31 | CN¥1.49 | CN¥3.34 | x |
| 2018-12-31 | CN¥1.49 | CN¥3.34 | x |
| 2019-12-31 | CN¥0.87 | CN¥3.34 | x |
| 2020-12-31 | CN¥0.64 | CN¥3.34 | x |
| 2021-12-31 | CN¥0.52 | CN¥3.34 | x |
| 2022-12-31 | CN¥0.44 | CN¥3.34 | x |
| 2023-12-31 | CN¥0.51 | CN¥3.34 | x |
| 2024-12-31 | CN¥0.52 | CN¥3.34 | x |
| 2025-12-31 | CN¥0.46 | CN¥3.34 | 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): -11.90%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -8.64%
- • Asset Turnover: 0.74x
- • Equity Multiplier: 1.86x
- Recent ROE (-11.90%) is below the historical average (0.28%), suggesting potential challenges in 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 | 6.17% | 2.62% | 1.39x | 1.70x | CN¥-22.46 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 | -71.28% | -14.47% | 0.83x | 5.96x | CN¥-362.18 Million |
| 2020 | -37.68% | -9.53% | 1.24x | 3.20x | CN¥-152.89 Million |
| 2021 | -21.15% | -8.53% | 0.88x | 2.83x | CN¥-82.45 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 |
| 2025 | -11.90% | -8.64% | 0.74x | 1.86x | CN¥-52.14 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: $16,924,524,530
- Average return on equity (ROE) among peers: -6.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Suzhou Yangtze New Materials (002652) | CN¥234.82 Million | 19.17% | 0.83x | $250.27 Million |
| CITIC Pacific Special Steel Group Co Ltd (000708) | $968.48 Million | 8.30% | 2.28x | $10.24 Billion |
| HBIS Co Ltd (000709) | $45.25 Billion | 1.54% | 2.77x | $3.16 Billion |
| Sgis Songshan Co Ltd (000717) | $2.73 Billion | -71.48% | 6.50x | $766.12 Million |
| Bengang Steel Plates Co Ltd (000761) | $12.44 Billion | -26.48% | 2.57x | $1.24 Billion |
| Xinxing Ductile Iron Pipes Co Ltd (000778) | $17.31 Billion | 5.96% | 1.96x | $2.17 Billion |
| Shanxi Taigang Stainless Steel Co Ltd (000825) | $3.37 Billion | 8.80% | 0.69x | $2.93 Billion |
| Jiangsu Fasten Co Ltd (000890) | $124.55 Million | 10.55% | 1.38x | $379.37 Million |
| Angang Steel Co Ltd Class A (000898) | $55.39 Billion | -5.88% | 0.75x | $2.31 Billion |
| Hunan Valin Steel Co Ltd (000932) | $8.67 Billion | 11.59% | 1.72x | $3.71 Billion |
| Beijing Shougang Co Ltd (000959) | $22.99 Billion | -4.93% | 1.89x | $4.33 Billion |
About 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