Beijing Comens New Materials
Beijing Comens New Materials Co.,Ltd. engages in the research and development, production, and sale of composite polyurethane adhesives materials in China and internationally. It offers low-carbon composite materials, such as film adhesive, PUR, and powder resin; transportation functional materials, such as sealant, structural adhesive, elastomer, power battery adhesive, vehicle PUR, water-based … Read more
Beijing Comens New Materials (300200) - Net Assets
Latest net assets as of September 2025: CN¥1.66 Billion CNY
Based on the latest financial reports, Beijing Comens New Materials (300200) has net assets worth CN¥1.66 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¥2.43 Billion) and total liabilities (CN¥767.80 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¥1.66 Billion |
| % of Total Assets | 68.43% |
| Annual Growth Rate | 21.97% |
| 5-Year Change | -9.49% |
| 10-Year Change | 109.88% |
| Growth Volatility | 100.43 |
Beijing Comens New Materials - Net Assets Trend (2008–2024)
This chart illustrates how Beijing Comens 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 Beijing Comens New Materials (2008–2024)
The table below shows the annual net assets of Beijing Comens New Materials from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.61 Billion | +1.96% |
| 2023-12-31 | CN¥1.58 Billion | -19.76% |
| 2022-12-31 | CN¥1.97 Billion | +8.43% |
| 2021-12-31 | CN¥1.82 Billion | +2.03% |
| 2020-12-31 | CN¥1.78 Billion | +7.71% |
| 2019-12-31 | CN¥1.65 Billion | +9.10% |
| 2018-12-31 | CN¥1.52 Billion | +4.22% |
| 2017-12-31 | CN¥1.46 Billion | +85.92% |
| 2016-12-31 | CN¥782.85 Million | +1.84% |
| 2015-12-31 | CN¥768.71 Million | +1.43% |
| 2014-12-31 | CN¥757.90 Million | +0.82% |
| 2013-12-31 | CN¥751.71 Million | +0.94% |
| 2012-12-31 | CN¥744.69 Million | +3.87% |
| 2011-12-31 | CN¥716.93 Million | +415.85% |
| 2010-12-31 | CN¥138.98 Million | +43.38% |
| 2009-12-31 | CN¥96.93 Million | +44.11% |
| 2008-12-31 | CN¥67.26 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Beijing Comens 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 grown by 1351.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥167.20 Million | 10.52% |
| Common Stock | CN¥430.97 Million | 27.13% |
| Other Comprehensive Income | CN¥114.05 Million | 7.18% |
| Other Components | CN¥876.47 Million | 55.17% |
| Total Equity | CN¥1.59 Billion | 100.00% |
Beijing Comens New Materials Competitors by Market Cap
The table below lists competitors of Beijing Comens New Materials ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Xinjiang Lixin Energy Co. Ltd. A
SHE:001258
|
$377.98 Million |
|
Chengdu JOUAV Automation Tech Co. Ltd. A
SHG:688070
|
$377.98 Million |
|
Henan Qingshuiyuan Technology Co Ltd
SHE:300437
|
$378.05 Million |
|
GREENLIGHT CAP.RE A DL-01
F:G8L
|
$378.10 Million |
|
Custom Truck One Source Inc
NYSE:CTOS
|
$377.88 Million |
|
Berry Genomics Co Ltd
SHE:000710
|
$377.87 Million |
|
Suntront Tech
SHE:300259
|
$377.86 Million |
|
ABIVAX Société Anonyme
PINK:AAVXF
|
$377.86 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Beijing Comens New Materials's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,555,891,212 to 1,588,690,417, a change of 32,799,205 (2.1%).
- Net income of 135,360,442 contributed positively to equity growth.
- Dividend payments of 2,417,038 reduced retained earnings.
- Share repurchases of 80,001,938 reduced equity.
- Other comprehensive income increased equity by 109,765,192.
- Other factors decreased equity by 129,907,453.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥135.36 Million | +8.52% |
| Dividends Paid | CN¥2.42 Million | -0.15% |
| Share Repurchases | CN¥80.00 Million | -5.04% |
| Other Comprehensive Income | CN¥109.77 Million | +6.91% |
| Other Changes | CN¥-129.91 Million | -8.18% |
| Total Change | CN¥- | 2.11% |
Book Value vs Market Value Analysis
This analysis compares Beijing Comens 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: 2.95x
- 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 26.67x to 2.95x 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¥0.42 | CN¥11.08 | x |
| 2009-12-31 | CN¥0.44 | CN¥11.08 | x |
| 2010-12-31 | CN¥0.54 | CN¥11.08 | x |
| 2011-12-31 | CN¥2.25 | CN¥11.08 | x |
| 2012-12-31 | CN¥2.20 | CN¥11.08 | x |
| 2013-12-31 | CN¥2.17 | CN¥11.08 | x |
| 2014-12-31 | CN¥2.23 | CN¥11.08 | x |
| 2015-12-31 | CN¥2.24 | CN¥11.08 | x |
| 2016-12-31 | CN¥2.32 | CN¥11.08 | x |
| 2017-12-31 | CN¥3.78 | CN¥11.08 | x |
| 2018-12-31 | CN¥3.63 | CN¥11.08 | x |
| 2019-12-31 | CN¥3.88 | CN¥11.08 | x |
| 2020-12-31 | CN¥4.18 | CN¥11.08 | x |
| 2021-12-31 | CN¥4.27 | CN¥11.08 | x |
| 2022-12-31 | CN¥4.41 | CN¥11.08 | x |
| 2023-12-31 | CN¥3.61 | CN¥11.08 | x |
| 2024-12-31 | CN¥3.76 | CN¥11.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Beijing Comens 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): 8.52%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.46%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 1.46x
- Recent ROE (8.52%) is below the historical average (9.82%), 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 | 31.59% | 10.39% | 1.57x | 1.94x | CN¥14.52 Million |
| 2009 | 30.61% | 13.44% | 1.39x | 1.64x | CN¥19.98 Million |
| 2010 | 28.30% | 11.63% | 1.45x | 1.67x | CN¥25.44 Million |
| 2011 | 6.12% | 11.38% | 0.50x | 1.08x | CN¥-27.81 Million |
| 2012 | 7.95% | 13.80% | 0.53x | 1.09x | CN¥-15.27 Million |
| 2013 | 6.62% | 9.92% | 0.60x | 1.10x | CN¥-25.42 Million |
| 2014 | 6.45% | 9.45% | 0.62x | 1.09x | CN¥-26.89 Million |
| 2015 | 6.96% | 10.96% | 0.58x | 1.09x | CN¥-23.34 Million |
| 2016 | 7.26% | 10.77% | 0.60x | 1.12x | CN¥-21.43 Million |
| 2017 | 2.98% | 5.08% | 0.49x | 1.19x | CN¥-102.22 Million |
| 2018 | 5.52% | 8.23% | 0.57x | 1.17x | CN¥-68.01 Million |
| 2019 | 11.23% | 19.36% | 0.51x | 1.15x | CN¥20.41 Million |
| 2020 | 13.05% | 24.24% | 0.46x | 1.16x | CN¥54.32 Million |
| 2021 | 8.75% | 14.48% | 0.51x | 1.18x | CN¥-22.69 Million |
| 2022 | 7.25% | 13.86% | 0.44x | 1.19x | CN¥-53.34 Million |
| 2023 | -22.19% | -33.34% | 0.49x | 1.35x | CN¥-500.80 Million |
| 2024 | 8.52% | 11.46% | 0.51x | 1.46x | CN¥-23.51 Million |
Industry Comparison
This section compares Beijing Comens New Materials's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $1,775,158,628
- Average return on equity (ROE) among peers: -19.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Beijing Comens New Materials (300200) | CN¥1.66 Billion | 31.59% | 0.46x | $377.89 Million |
| Chongqing Sanxia Paints Co Ltd (000565) | $390.80 Million | 1.64% | 0.47x | $289.82 Million |
| Hengyi Petrochemical Co Ltd (000703) | $246.42 Million | -7.64% | 1.62x | $1.44 Billion |
| Guangdong Xinhui Meida Nylon Co Ltd (000782) | $472.56 Million | 10.49% | 1.13x | $361.89 Million |
| Luxi Chemical Group Co Ltd (000830) | $120.60 Million | 41.32% | 1.30x | $2.28 Billion |
| China Minmetals Rare Earth Co Ltd (000831) | $234.51 Million | -303.65% | 8.65x | $5.40 Billion |
| Anhui Guofeng Plastic Industry Co Ltd (000859) | $2.70 Billion | 10.47% | 0.21x | $884.45 Million |
| Cofco Biochemical Anhui Co Ltd (000930) | $11.76 Billion | 9.61% | 0.54x | $815.97 Million |
| Shandong Link Science and Technology Co Ltd (001207) | $441.43 Million | 14.99% | 1.14x | $330.19 Million |
| Zhejiang Bofay Elec Co Ltd (001255) | $742.80 Million | 1.78% | 0.61x | $169.49 Million |
| Guangdong Decro Film New (001378) | $647.89 Million | 29.53% | 0.22x | $241.78 Million |