Chongqing Baiya Sanitary Products Co (003006) - Net Assets
Based on the latest financial reports, Chongqing Baiya Sanitary Products Co (003006) has net assets worth CN¥1.47 Billion CNY (≈ $214.90 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¥2.10 Billion ≈ $306.61 Million USD) and total liabilities (CN¥626.71 Million ≈ $91.71 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 Chongqing Baiya Sanitary Products Co (003006) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.47 Billion |
| % of Total Assets | 70.09% |
| Annual Growth Rate | 13.63% |
| 5-Year Change | 28.97% |
| 10-Year Change | 215.19% |
| Growth Volatility | 16.77 |
Chongqing Baiya Sanitary Products Co - Net Assets Trend (2012–2024)
This chart illustrates how Chongqing Baiya Sanitary Products Co's net assets have evolved over time, based on quarterly financial data. Also explore Chongqing Baiya Sanitary Products Co assets under control for the complete picture of this company's asset base.
Annual Net Assets for Chongqing Baiya Sanitary Products Co (2012–2024)
The table below shows the annual net assets of Chongqing Baiya Sanitary Products Co from 2012 to 2024. For live valuation and market cap data, see Chongqing Baiya Sanitary Products Co market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.45 Billion ≈ $212.13 Million |
+4.52% |
| 2023-12-31 | CN¥1.39 Billion ≈ $202.95 Million |
+8.31% |
| 2022-12-31 | CN¥1.28 Billion ≈ $187.38 Million |
+5.45% |
| 2021-12-31 | CN¥1.21 Billion ≈ $177.70 Million |
+8.04% |
| 2020-12-31 | CN¥1.12 Billion ≈ $164.48 Million |
+59.59% |
| 2019-12-31 | CN¥704.29 Million ≈ $103.06 Million |
+14.20% |
| 2018-12-31 | CN¥616.72 Million ≈ $90.24 Million |
+3.36% |
| 2017-12-31 | CN¥596.66 Million ≈ $87.31 Million |
+12.35% |
| 2016-12-31 | CN¥531.08 Million ≈ $77.71 Million |
+15.47% |
| 2015-12-31 | CN¥459.92 Million ≈ $67.30 Million |
+28.04% |
| 2014-12-31 | CN¥359.21 Million ≈ $52.56 Million |
-9.93% |
| 2013-12-31 | CN¥398.83 Million ≈ $58.36 Million |
+27.49% |
| 2012-12-31 | CN¥312.82 Million ≈ $45.78 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Chongqing Baiya Sanitary Products Co'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 446.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥603.31 Million | 41.62% |
| Common Stock | CN¥429.32 Million | 29.62% |
| Other Components | CN¥417.01 Million | 28.77% |
| Total Equity | CN¥1.45 Billion | 100.00% |
Chongqing Baiya Sanitary Products Co Competitors by Market Cap
The table below lists competitors of Chongqing Baiya Sanitary Products Co ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LuxExperience B.V.
NYSE:LUXE
|
$1.16 Billion |
|
Aegean Airlines S.A.
AT:AEGN
|
$1.16 Billion |
|
Neway CNC Equipment Suzhou Co Ltd
SHG:688697
|
$1.16 Billion |
|
Up Fintech Holding Ltd
NASDAQ:TIGR
|
$1.16 Billion |
|
Zhejiang Narada Power Source
SHE:300068
|
$1.16 Billion |
|
Jayaswal Neco Industries Limited
NSE:JAYNECOIND
|
$1.16 Billion |
|
Ingenia Communities Group
AU:INA
|
$1.16 Billion |
|
TF Bank AB
ST:TFBANK
|
$1.16 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Chongqing Baiya Sanitary Products Co's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,386,943,287 to 1,449,645,509, a change of 62,702,222 (4.5%).
- Net income of 287,671,463 contributed positively to equity growth.
- Dividend payments of 235,915,350 reduced retained earnings.
- Share repurchases of 337,831 reduced equity.
- Other comprehensive income decreased equity by 144,739,473.
- Other factors increased equity by 156,023,413.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥287.67 Million | +19.84% |
| Dividends Paid | CN¥235.92 Million | -16.27% |
| Share Repurchases | CN¥337.83K | -0.02% |
| Other Comprehensive Income | CN¥-144.74 Million | -9.98% |
| Other Changes | CN¥156.02 Million | +10.76% |
| Total Change | CN¥- | 4.52% |
Book Value vs Market Value Analysis
This analysis compares Chongqing Baiya Sanitary Products Co'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: 5.48x
- 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 23.39x to 5.48x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | CN¥0.79 | CN¥18.51 | x |
| 2013-12-31 | CN¥1.01 | CN¥18.51 | x |
| 2014-12-31 | CN¥0.91 | CN¥18.51 | x |
| 2015-12-31 | CN¥1.16 | CN¥18.51 | x |
| 2016-12-31 | CN¥1.34 | CN¥18.51 | x |
| 2017-12-31 | CN¥1.55 | CN¥18.51 | x |
| 2018-12-31 | CN¥1.59 | CN¥18.51 | x |
| 2019-12-31 | CN¥1.64 | CN¥18.51 | x |
| 2020-12-31 | CN¥2.63 | CN¥18.51 | x |
| 2021-12-31 | CN¥2.84 | CN¥18.51 | x |
| 2022-12-31 | CN¥2.99 | CN¥18.51 | x |
| 2023-12-31 | CN¥3.26 | CN¥18.51 | x |
| 2024-12-31 | CN¥3.38 | CN¥18.51 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Chongqing Baiya Sanitary Products Co 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): 19.84%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.84%
- • Asset Turnover: 1.51x
- • Equity Multiplier: 1.48x
- Recent ROE (19.84%) is above the historical average (16.80%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 21.45% | 10.86% | 1.37x | 1.44x | CN¥35.82 Million |
| 2013 | 21.57% | 12.87% | 1.19x | 1.40x | CN¥46.12 Million |
| 2014 | 16.81% | 9.67% | 1.31x | 1.32x | CN¥24.46 Million |
| 2015 | 14.72% | 9.79% | 1.08x | 1.39x | CN¥21.72 Million |
| 2016 | 13.40% | 9.63% | 1.00x | 1.40x | CN¥18.05 Million |
| 2017 | 10.99% | 8.09% | 0.95x | 1.42x | CN¥5.91 Million |
| 2018 | 14.49% | 9.30% | 1.11x | 1.41x | CN¥27.68 Million |
| 2019 | 18.29% | 11.15% | 1.16x | 1.42x | CN¥58.09 Million |
| 2020 | 16.23% | 14.59% | 0.85x | 1.30x | CN¥70.06 Million |
| 2021 | 18.79% | 15.58% | 0.94x | 1.28x | CN¥106.60 Million |
| 2022 | 14.63% | 11.62% | 0.93x | 1.35x | CN¥59.30 Million |
| 2023 | 17.18% | 11.11% | 1.14x | 1.36x | CN¥99.56 Million |
| 2024 | 19.84% | 8.84% | 1.51x | 1.48x | CN¥142.71 Million |
Industry Comparison
This section compares Chongqing Baiya Sanitary Products Co's net assets metrics with peer companies in the Household & Personal Products industry.
Industry Context
- Industry: Household & Personal Products
- Average net assets among peers: $1,514,239,186
- Average return on equity (ROE) among peers: 4.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chongqing Baiya Sanitary Products Co (003006) | CN¥1.47 Billion | 21.45% | 0.43x | $1.16 Billion |
| Lonkey Industrial Co Ltd Guangzhou (000523) | $388.65 Million | -29.78% | 0.42x | $926.62 Million |
| Tianjin Yiyi Hygiene Products Co Ltd (001206) | $1.73 Billion | 6.61% | 0.14x | $512.44 Million |
| Hunan Resun Co Ltd (001218) | $905.44 Million | 24.55% | 0.67x | $526.33 Million |
| Qingdao Kingking Applied Chemistry Co Ltd (002094) | $455.94 Million | 7.68% | 0.94x | $602.56 Million |
| C&S Paper Co Ltd (002511) | $5.04 Billion | 17.97% | 0.48x | $1.61 Billion |
| Anhui Deli Household Glass Co Ltd (002571) | $1.47 Billion | 0.59% | 0.77x | $654.99 Million |
| Mingchen Health Co Ltd Class A (002919) | $823.34 Million | 5.67% | 0.34x | $935.25 Million |
| Chengdu Rainbow Appliance Gr (003023) | $1.51 Billion | 6.89% | 0.39x | $467.07 Million |
| Fujian Green Pine Co Ltd (300132) | $1.31 Billion | 4.17% | 0.62x | $713.59 Million |
About Chongqing Baiya Sanitary Products Co
Chongqing Baiya Sanitary Products Co., Ltd. engages in the research and development, production, and sales of disposable personal hygiene products in China. The company offers personal health care products, including sanitary napkins, baby diapers, and adult incontinence products under the Freedom, free point, good, denim, and Haozhi brand names. Chongqing Baiya Sanitary Products Co., Ltd. was fo… Read more