Beijing Easpring Material Tech
Beijing Easpring Material Technology CO.,LTD., together with its subsidiaries, develops, produces, and sells lithium battery positive electrode materials and smart device products in China, South Korea, Japan, Europe, the United States, Southeast Asia, South Asia, and internationally. The company offers lithium nickel cobalt manganese, lithium iron phosphates, lithium manganese iron phosphates, k… Read more
Beijing Easpring Material Tech (300073) - Net Assets
Latest net assets as of September 2025: CN¥15.50 Billion CNY
Based on the latest financial reports, Beijing Easpring Material Tech (300073) has net assets worth CN¥15.50 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¥20.31 Billion) and total liabilities (CN¥4.81 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¥15.50 Billion |
| % of Total Assets | 76.32% |
| Annual Growth Rate | 35.84% |
| 5-Year Change | 259.32% |
| 10-Year Change | 1002.9% |
| Growth Volatility | 108.43 |
Beijing Easpring Material Tech - Net Assets Trend (2007–2024)
This chart illustrates how Beijing Easpring Material Tech'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 Easpring Material Tech (2007–2024)
The table below shows the annual net assets of Beijing Easpring Material Tech from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥13.69 Billion | +3.15% |
| 2023-12-31 | CN¥13.27 Billion | +15.53% |
| 2022-12-31 | CN¥11.49 Billion | +21.61% |
| 2021-12-31 | CN¥9.45 Billion | +147.93% |
| 2020-12-31 | CN¥3.81 Billion | +11.34% |
| 2019-12-31 | CN¥3.42 Billion | +3.68% |
| 2018-12-31 | CN¥3.30 Billion | +108.48% |
| 2017-12-31 | CN¥1.58 Billion | +18.10% |
| 2016-12-31 | CN¥1.34 Billion | +8.00% |
| 2015-12-31 | CN¥1.24 Billion | +51.87% |
| 2014-12-31 | CN¥817.53 Million | -3.31% |
| 2013-12-31 | CN¥845.53 Million | +0.20% |
| 2012-12-31 | CN¥843.83 Million | +1.79% |
| 2011-12-31 | CN¥828.95 Million | -1.98% |
| 2010-12-31 | CN¥845.69 Million | +457.55% |
| 2009-12-31 | CN¥151.68 Million | +37.37% |
| 2008-12-31 | CN¥110.41 Million | +47.41% |
| 2007-12-31 | CN¥74.90 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Beijing Easpring Material Tech'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 32063.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥5.35 Billion | 40.60% |
| Common Stock | CN¥506.50 Million | 3.85% |
| Other Comprehensive Income | CN¥157.38 Million | 1.20% |
| Other Components | CN¥7.16 Billion | 54.36% |
| Total Equity | CN¥13.17 Billion | 100.00% |
Beijing Easpring Material Tech Competitors by Market Cap
The table below lists competitors of Beijing Easpring Material Tech ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Trina Solar Co Ltd
SHG:688599
|
$2.94 Billion |
|
Perimeter Solutions SA
NYSE:PRM
|
$2.94 Billion |
|
Parsons Corp
NYSE:PSN
|
$2.94 Billion |
|
JCHX Mining Management Co Ltd
SHG:603979
|
$2.94 Billion |
|
Supreme Industries Limited
NSE:SUPREMEIND
|
$2.94 Billion |
|
Jindal Stainless Limited
NSE:JSL
|
$2.94 Billion |
|
Smoore International Holdings Limited
PINK:SMORF
|
$2.94 Billion |
|
China Resources Microelectronics Ltd
SHG:688396
|
$2.94 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Beijing Easpring Material Tech's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 13,075,967,833 to 13,166,629,133, a change of 90,661,300 (0.7%).
- Net income of 471,830,844 contributed positively to equity growth.
- Dividend payments of 381,549,979 reduced retained earnings.
- Other comprehensive income increased equity by 157,302,596.
- Other factors decreased equity by 156,922,161.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥471.83 Million | +3.58% |
| Dividends Paid | CN¥381.55 Million | -2.9% |
| Other Comprehensive Income | CN¥157.30 Million | +1.19% |
| Other Changes | CN¥-156.92 Million | -1.19% |
| Total Change | CN¥- | 0.69% |
Book Value vs Market Value Analysis
This analysis compares Beijing Easpring Material Tech'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: 2.08x
- 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 172.93x to 2.08x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | CN¥0.31 | CN¥53.97 | x |
| 2008-12-31 | CN¥0.46 | CN¥53.97 | x |
| 2009-12-31 | CN¥0.63 | CN¥53.97 | x |
| 2010-12-31 | CN¥2.76 | CN¥53.97 | x |
| 2011-12-31 | CN¥2.58 | CN¥53.97 | x |
| 2012-12-31 | CN¥2.64 | CN¥53.97 | x |
| 2013-12-31 | CN¥2.64 | CN¥53.97 | x |
| 2014-12-31 | CN¥2.56 | CN¥53.97 | x |
| 2015-12-31 | CN¥3.66 | CN¥53.97 | x |
| 2016-12-31 | CN¥3.66 | CN¥53.97 | x |
| 2017-12-31 | CN¥4.33 | CN¥53.97 | x |
| 2018-12-31 | CN¥7.88 | CN¥53.97 | x |
| 2019-12-31 | CN¥6.92 | CN¥53.97 | x |
| 2020-12-31 | CN¥8.73 | CN¥53.97 | x |
| 2021-12-31 | CN¥20.63 | CN¥53.97 | x |
| 2022-12-31 | CN¥22.69 | CN¥53.97 | x |
| 2023-12-31 | CN¥25.82 | CN¥53.97 | x |
| 2024-12-31 | CN¥26.00 | CN¥53.97 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Beijing Easpring Material Tech 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): 3.58%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.21%
- • Asset Turnover: 0.44x
- • Equity Multiplier: 1.30x
- Recent ROE (3.58%) is below the historical average (9.34%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 20.35% | 3.45% | 1.96x | 3.01x | CN¥7.75 Million |
| 2008 | 30.96% | 5.79% | 2.31x | 2.31x | CN¥23.14 Million |
| 2009 | 26.45% | 7.50% | 1.61x | 2.19x | CN¥24.95 Million |
| 2010 | 4.09% | 4.09% | 0.88x | 1.14x | CN¥-49.94 Million |
| 2011 | -0.09% | -0.11% | 0.73x | 1.10x | CN¥-83.63 Million |
| 2012 | 1.76% | 2.38% | 0.65x | 1.15x | CN¥-69.51 Million |
| 2013 | 1.15% | 1.54% | 0.63x | 1.17x | CN¥-74.85 Million |
| 2014 | -3.13% | -4.09% | 0.61x | 1.25x | CN¥-107.35 Million |
| 2015 | 1.07% | 1.54% | 0.49x | 1.40x | CN¥-110.87 Million |
| 2016 | 7.40% | 7.44% | 0.62x | 1.61x | CN¥-34.80 Million |
| 2017 | 15.80% | 11.59% | 0.79x | 1.72x | CN¥91.82 Million |
| 2018 | 9.58% | 9.64% | 0.75x | 1.33x | CN¥-13.98 Million |
| 2019 | -6.92% | -9.15% | 0.50x | 1.52x | CN¥-511.33 Million |
| 2020 | 10.10% | 12.09% | 0.54x | 1.56x | CN¥3.81 Million |
| 2021 | 11.55% | 13.21% | 0.57x | 1.53x | CN¥146.18 Million |
| 2022 | 19.66% | 10.62% | 0.99x | 1.88x | CN¥1.11 Billion |
| 2023 | 14.72% | 12.72% | 0.87x | 1.33x | CN¥616.67 Million |
| 2024 | 3.58% | 6.21% | 0.44x | 1.30x | CN¥-844.83 Million |
Industry Comparison
This section compares Beijing Easpring Material Tech's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $2,399,685,798
- Average return on equity (ROE) among peers: -30.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Beijing Easpring Material Tech (300073) | CN¥15.50 Billion | 20.35% | 0.31x | $2.94 Billion |
| XJ Electric Co Ltd (000400) | $11.69 Billion | 8.60% | 0.87x | $2.50 Billion |
| Guangdong Macro Co Ltd (000533) | $259.29 Million | -377.39% | 9.44x | $880.32 Million |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.31 Billion | 8.55% | 0.86x | $364.23 Million |
| Huagong Tech Co Ltd (000988) | $3.01 Billion | 5.01% | 0.66x | $9.70 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.62 Billion | 6.74% | 1.87x | $855.32 Million |
| Shijiazhuang Shangtai Technology Co. Ltd. A (001301) | $1.35 Billion | 11.31% | 0.12x | $1.62 Billion |
| Guangdong Xinyaguang Cable Co (001382) | $804.28 Million | 11.99% | 1.13x | $201.71 Million |
| Sieyuan Electric Co Ltd (002028) | $3.44 Billion | 10.09% | 0.45x | $14.61 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $186.07 Million | 7.07% | 0.22x | $217.00 Million |
| Gotion High tech Co Ltd (002074) | $324.01 Million | 7.87% | 0.45x | $5.08 Billion |