Shenzhen Prince New Materials Co Ltd (002735) - Net Assets
Based on the latest financial reports, Shenzhen Prince New Materials Co Ltd (002735) has net assets worth CN¥1.89 Billion CNY (≈ $277.19 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¥3.30 Billion ≈ $482.24 Million USD) and total liabilities (CN¥1.40 Billion ≈ $205.05 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 Shenzhen Prince New Materials Co Ltd balance sheet assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.89 Billion |
| % of Total Assets | 57.48% |
| Annual Growth Rate | 19.51% |
| 5-Year Change | 105.99% |
| 10-Year Change | 308.61% |
| Growth Volatility | 23.49 |
Shenzhen Prince New Materials Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Shenzhen Prince New Materials Co Ltd's net assets have evolved over time, based on quarterly financial data. Check how tangible is Shenzhen Prince New Materials Co Ltd's equity to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Shenzhen Prince New Materials Co Ltd (2011–2024)
The table below shows the annual net assets of Shenzhen Prince New Materials Co Ltd from 2011 to 2024. For live valuation and market cap data, see 002735 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.88 Billion ≈ $275.78 Million |
-5.02% |
| 2023-12-31 | CN¥1.98 Billion ≈ $290.35 Million |
+78.04% |
| 2022-12-31 | CN¥1.11 Billion ≈ $163.08 Million |
+6.75% |
| 2021-12-31 | CN¥1.04 Billion ≈ $152.77 Million |
+14.11% |
| 2020-12-31 | CN¥914.91 Million ≈ $133.88 Million |
+23.16% |
| 2019-12-31 | CN¥742.87 Million ≈ $108.71 Million |
+15.63% |
| 2018-12-31 | CN¥642.43 Million ≈ $94.01 Million |
+19.66% |
| 2017-12-31 | CN¥536.88 Million ≈ $78.56 Million |
+8.77% |
| 2016-12-31 | CN¥493.61 Million ≈ $72.23 Million |
+7.02% |
| 2015-12-31 | CN¥461.23 Million ≈ $67.49 Million |
+4.67% |
| 2014-12-31 | CN¥440.64 Million ≈ $64.48 Million |
+69.07% |
| 2013-12-31 | CN¥260.62 Million ≈ $38.14 Million |
+14.90% |
| 2012-12-31 | CN¥226.83 Million ≈ $33.19 Million |
+22.12% |
| 2011-12-31 | CN¥185.74 Million ≈ $27.18 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shenzhen Prince 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 grown by 502.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥514.76 Million | 29.89% |
| Common Stock | CN¥382.01 Million | 22.18% |
| Other Comprehensive Income | CN¥6.76 Million | 0.39% |
| Other Components | CN¥818.95 Million | 47.54% |
| Total Equity | CN¥1.72 Billion | 100.00% |
Shenzhen Prince New Materials Co Ltd Competitors by Market Cap
The table below lists competitors of Shenzhen Prince New Materials Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Postal Realty Trust Inc
NYSE:PSTL
|
$638.39 Million |
|
Anshan Senyuan Road Bridge
SHE:300210
|
$638.42 Million |
|
Third Coast Bancshares, Inc.
NYSE:TCBX
|
$638.46 Million |
|
ALTERRA PWR
F:9ME
|
$638.52 Million |
|
Rogers Sugar Inc.
TO:RSI
|
$638.37 Million |
|
Group Up Industrial Co Ltd
TWO:6664
|
$638.19 Million |
|
Assystem S.A.
PA:ASY
|
$638.11 Million |
|
Shenzhen Expressway Company Limited
F:SHZH
|
$637.95 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shenzhen Prince New Materials Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,808,336,665 to 1,722,474,741, a change of -85,861,924 (-4.7%).
- Net loss of 68,502,515 reduced equity.
- Dividend payments of 29,737,007 reduced retained earnings.
- Other comprehensive income increased equity by 88,568,920.
- Other factors decreased equity by 76,191,322.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-68.50 Million | -3.98% |
| Dividends Paid | CN¥29.74 Million | -1.73% |
| Other Comprehensive Income | CN¥88.57 Million | +5.14% |
| Other Changes | CN¥-76.19 Million | -4.42% |
| Total Change | CN¥- | -4.75% |
Book Value vs Market Value Analysis
This analysis compares Shenzhen Prince 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: 2.52x
- 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 12.48x to 2.52x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥0.92 | CN¥11.42 | x |
| 2012-12-31 | CN¥1.11 | CN¥11.42 | x |
| 2013-12-31 | CN¥1.30 | CN¥11.42 | x |
| 2014-12-31 | CN¥2.15 | CN¥11.42 | x |
| 2015-12-31 | CN¥1.72 | CN¥11.42 | x |
| 2016-12-31 | CN¥1.82 | CN¥11.42 | x |
| 2017-12-31 | CN¥1.95 | CN¥11.42 | x |
| 2018-12-31 | CN¥2.92 | CN¥11.42 | x |
| 2019-12-31 | CN¥2.41 | CN¥11.42 | x |
| 2020-12-31 | CN¥2.81 | CN¥11.42 | x |
| 2021-12-31 | CN¥4.12 | CN¥11.42 | x |
| 2022-12-31 | CN¥2.92 | CN¥11.42 | x |
| 2023-12-31 | CN¥5.99 | CN¥11.42 | x |
| 2024-12-31 | CN¥4.53 | CN¥11.42 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shenzhen Prince 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): -3.98%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.44%
- • Asset Turnover: 0.62x
- • Equity Multiplier: 1.85x
- Recent ROE (-3.98%) is below the historical average (9.13%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 20.66% | 7.77% | 1.45x | 1.84x | CN¥19.40 Million |
| 2012 | 18.60% | 8.35% | 1.15x | 1.93x | CN¥19.23 Million |
| 2013 | 15.20% | 8.25% | 1.19x | 1.55x | CN¥13.46 Million |
| 2014 | 7.41% | 6.77% | 0.84x | 1.30x | CN¥-11.36 Million |
| 2015 | 5.75% | 5.98% | 0.78x | 1.23x | CN¥-19.46 Million |
| 2016 | 7.59% | 7.84% | 0.77x | 1.26x | CN¥-11.77 Million |
| 2017 | 7.37% | 6.46% | 0.75x | 1.51x | CN¥-13.80 Million |
| 2018 | 8.57% | 5.46% | 0.88x | 1.79x | CN¥-8.33 Million |
| 2019 | 8.39% | 4.15% | 1.10x | 1.83x | CN¥-10.57 Million |
| 2020 | 11.21% | 5.63% | 0.97x | 2.06x | CN¥9.33 Million |
| 2021 | 9.62% | 4.87% | 0.98x | 2.03x | CN¥-3.30 Million |
| 2022 | 8.07% | 4.01% | 0.83x | 2.42x | CN¥-16.83 Million |
| 2023 | 3.34% | 3.40% | 0.55x | 1.77x | CN¥-120.48 Million |
| 2024 | -3.98% | -3.44% | 0.62x | 1.85x | CN¥-240.75 Million |
Industry Comparison
This section compares Shenzhen Prince New Materials Co Ltd's net assets metrics with peer companies in the Packaging & Containers industry.
Industry Context
- Industry: Packaging & Containers
- Average net assets among peers: $2,168,942,682
- Average return on equity (ROE) among peers: 9.95%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shenzhen Prince New Materials Co Ltd (002735) | CN¥1.89 Billion | 20.66% | 0.74x | $638.37 Million |
| Zhuhai Zhongfu Enterprise Co Ltd (000659) | $467.11 Million | 21.94% | 0.68x | $513.62 Million |
| Huangshan Novel Co Ltd (002014) | $2.32 Billion | 15.61% | 0.54x | $975.14 Million |
| Shenzhen Jinjia Color Printing Group Co Ltd (002191) | $2.34 Billion | 16.66% | 0.48x | $798.78 Million |
| Xiamen Hexing Packaging Printing Co Ltd (002228) | $3.72 Billion | 5.86% | 1.57x | $555.75 Million |
| Shenzhen Beauty Star Co Ltd (002243) | $776.35 Million | 9.70% | 0.79x | $1.31 Billion |
| Zhejiang Great Southeast Co Ltd (002263) | $2.65 Billion | 9.19% | 0.12x | $832.84 Million |
| Shenzhen MYS Environmental Protection & Technology Co Ltd (002303) | $4.87 Billion | 2.03% | 0.50x | $1.10 Billion |
| Shandong Lipeng Co Ltd (002374) | $537.39 Million | 5.62% | 0.26x | $487.52 Million |
| Zhejiang Zhongcheng Packing Material Co Ltd (002522) | $2.30 Billion | 3.23% | 0.56x | $662.72 Million |
| Shanghai Luxin Packing Materials Science&Technology Co Ltd (002565) | $1.70 Billion | 9.68% | 0.47x | $1.43 Billion |
About Shenzhen Prince New Materials Co Ltd
Shenzhen Prince New Materials Co.,Ltd. produces and sells packaging materials in China. It provides plastic packaging, military electronics, film capacitors, and mobile power products. The company offers plastic products, including compound and ordinary plastic bags, packing films, blister tray products, medicine packing, and bearing band products; and environmentally friendly materials, energy p… Read more