Shandong Sinocera Func Material (300285) - Net Assets
Based on the latest financial reports, Shandong Sinocera Func Material (300285) has net assets worth CN¥7.77 Billion CNY (≈ $1.14 Billion 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¥10.01 Billion ≈ $1.47 Billion USD) and total liabilities (CN¥2.24 Billion ≈ $328.35 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 300285 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥7.77 Billion |
| % of Total Assets | 77.59% |
| Annual Growth Rate | 35.29% |
| 5-Year Change | 25.59% |
| 10-Year Change | 336.84% |
| Growth Volatility | 76.11 |
Shandong Sinocera Func Material - Net Assets Trend (2008–2025)
This chart illustrates how Shandong Sinocera Func Material's net assets have evolved over time, based on quarterly financial data. See Shandong Sinocera Func Material (300285) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Shandong Sinocera Func Material (2008–2025)
The table below shows the annual net assets of Shandong Sinocera Func Material from 2008 to 2025. For live valuation and market cap data, see Shandong Sinocera Func Material market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥7.71 Billion ≈ $1.13 Billion |
+6.88% |
| 2024-12-31 | CN¥7.21 Billion ≈ $1.06 Billion |
+6.25% |
| 2023-12-31 | CN¥6.79 Billion ≈ $993.05 Million |
+7.64% |
| 2022-12-31 | CN¥6.30 Billion ≈ $922.59 Million |
+2.75% |
| 2021-12-31 | CN¥6.14 Billion ≈ $897.92 Million |
+14.29% |
| 2020-12-31 | CN¥5.37 Billion ≈ $785.68 Million |
+35.76% |
| 2019-12-31 | CN¥3.95 Billion ≈ $578.73 Million |
+13.53% |
| 2018-12-31 | CN¥3.48 Billion ≈ $509.77 Million |
+61.88% |
| 2017-12-31 | CN¥2.15 Billion ≈ $314.91 Million |
+21.99% |
| 2016-12-31 | CN¥1.76 Billion ≈ $258.15 Million |
+101.55% |
| 2015-12-31 | CN¥875.28 Million ≈ $128.08 Million |
+11.81% |
| 2014-12-31 | CN¥782.86 Million ≈ $114.56 Million |
+19.99% |
| 2013-12-31 | CN¥652.44 Million ≈ $95.47 Million |
+17.70% |
| 2012-12-31 | CN¥554.31 Million ≈ $81.11 Million |
+333.44% |
| 2011-12-31 | CN¥127.88 Million ≈ $18.71 Million |
+52.57% |
| 2010-12-31 | CN¥83.82 Million ≈ $12.27 Million |
+52.32% |
| 2009-12-31 | CN¥55.03 Million ≈ $8.05 Million |
+21.65% |
| 2008-12-31 | CN¥45.23 Million ≈ $6.62 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shandong Sinocera Func Material'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 28734.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥4.15 Billion | 58.05% |
| Other Components | CN¥3.00 Billion | 41.95% |
| Total Equity | CN¥7.15 Billion | 100.00% |
Shandong Sinocera Func Material Competitors by Market Cap
The table below lists competitors of Shandong Sinocera Func Material ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Medpace Holdings Inc
NASDAQ:MEDP
|
$13.08 Billion |
|
Jinduicheng Molybdenum Co Ltd
SHG:601958
|
$13.08 Billion |
|
Huazhu Group Ltd
NASDAQ:HTHT
|
$13.08 Billion |
|
SOUTH32 Ltd
AU:S32
|
$13.08 Billion |
|
Lamar Advertising Company
NASDAQ:LAMR
|
$13.03 Billion |
|
Neurocrine Biosciences Inc
NASDAQ:NBIX
|
$13.03 Billion |
|
NESTE OYJ UNSP.ADR 1/2
F:NEFA
|
$13.02 Billion |
|
Evercore Partners Inc
NYSE:EVR
|
$12.97 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shandong Sinocera Func Material's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 6,713,921,810 to 7,152,083,750, a change of 438,161,940 (6.5%).
- Net income of 610,319,128 contributed positively to equity growth.
- Dividend payments of 207,731,162 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥610.32 Million | +8.53% |
| Dividends Paid | CN¥207.73 Million | -2.9% |
| Other Changes | CN¥35.57 Million | +0.5% |
| Total Change | CN¥- | 6.53% |
Book Value vs Market Value Analysis
This analysis compares Shandong Sinocera Func Material'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: 12.48x
- 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 1089.24x to 12.48x 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¥0.08 | CN¥89.53 | x |
| 2009-12-31 | CN¥0.10 | CN¥89.53 | x |
| 2010-12-31 | CN¥0.15 | CN¥89.53 | x |
| 2011-12-31 | CN¥0.23 | CN¥89.53 | x |
| 2012-12-31 | CN¥0.74 | CN¥89.53 | x |
| 2013-12-31 | CN¥0.85 | CN¥89.53 | x |
| 2014-12-31 | CN¥0.95 | CN¥89.53 | x |
| 2015-12-31 | CN¥1.06 | CN¥89.53 | x |
| 2016-12-31 | CN¥1.99 | CN¥89.53 | x |
| 2017-12-31 | CN¥2.12 | CN¥89.53 | x |
| 2018-12-31 | CN¥3.43 | CN¥89.53 | x |
| 2019-12-31 | CN¥3.79 | CN¥89.53 | x |
| 2020-12-31 | CN¥4.98 | CN¥89.53 | x |
| 2021-12-31 | CN¥5.72 | CN¥89.53 | x |
| 2022-12-31 | CN¥5.90 | CN¥89.53 | x |
| 2023-12-31 | CN¥6.32 | CN¥89.53 | x |
| 2024-12-31 | CN¥6.75 | CN¥89.53 | x |
| 2025-12-31 | CN¥7.17 | CN¥89.53 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shandong Sinocera Func Material 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): 8.53%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.32%
- • Asset Turnover: 0.48x
- • Equity Multiplier: 1.33x
- Recent ROE (8.53%) is below the historical average (15.54%), 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 | 26.36% | 29.71% | 0.75x | 1.19x | CN¥7.40 Million |
| 2009 | 26.52% | 26.80% | 0.59x | 1.69x | CN¥9.09 Million |
| 2010 | 37.30% | 30.90% | 0.56x | 2.15x | CN¥22.88 Million |
| 2011 | 34.46% | 30.18% | 0.62x | 1.84x | CN¥31.28 Million |
| 2012 | 11.95% | 30.70% | 0.35x | 1.10x | CN¥10.81 Million |
| 2013 | 12.12% | 29.50% | 0.37x | 1.13x | CN¥13.75 Million |
| 2014 | 8.79% | 16.89% | 0.41x | 1.28x | CN¥-8.70 Million |
| 2015 | 10.74% | 16.13% | 0.45x | 1.48x | CN¥5.91 Million |
| 2016 | 7.72% | 19.07% | 0.31x | 1.32x | CN¥-38.44 Million |
| 2017 | 12.86% | 20.11% | 0.37x | 1.73x | CN¥54.49 Million |
| 2018 | 16.89% | 30.21% | 0.41x | 1.36x | CN¥221.44 Million |
| 2019 | 13.71% | 23.25% | 0.45x | 1.32x | CN¥135.34 Million |
| 2020 | 11.49% | 22.57% | 0.42x | 1.21x | CN¥74.32 Million |
| 2021 | 13.85% | 25.15% | 0.40x | 1.37x | CN¥220.85 Million |
| 2022 | 8.45% | 15.69% | 0.42x | 1.28x | CN¥-91.14 Million |
| 2023 | 9.02% | 14.75% | 0.44x | 1.39x | CN¥-62.18 Million |
| 2024 | 9.01% | 14.95% | 0.44x | 1.36x | CN¥-66.58 Million |
| 2025 | 8.53% | 13.32% | 0.48x | 1.33x | CN¥-104.89 Million |
Industry Comparison
This section compares Shandong Sinocera Func Material's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $3,712,734,035
- Average return on equity (ROE) among peers: 7.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shandong Sinocera Func Material (300285) | CN¥7.77 Billion | 26.36% | 0.29x | $13.06 Billion |
| Chongqing Sanxia Paints Co Ltd (000565) | $250.39 Million | 11.63% | 0.63x | $390.84 Million |
| Hengyi Petrochemical Co Ltd (000703) | $8.33 Billion | 2.22% | 2.03x | $6.57 Billion |
| Guangdong Xinhui Meida Nylon Co Ltd (000782) | $1.21 Billion | -6.73% | 1.10x | $737.44 Million |
| Luxi Chemical Group Co Ltd (000830) | $17.02 Billion | 4.81% | 1.07x | $3.51 Billion |
| China Minmetals Rare Earth Co Ltd (000831) | $119.35 Million | 28.19% | 2.27x | $9.61 Billion |
| Anhui Guofeng Plastic Industry Co Ltd (000859) | $2.91 Billion | 7.90% | 0.27x | $1.50 Billion |
| Cofco Biochemical Anhui Co Ltd (000930) | $1.71 Billion | 7.45% | 2.19x | $1.27 Billion |
| Shandong Link Science and Technology Co Ltd (001207) | $1.77 Billion | 9.55% | 0.33x | $751.43 Million |
| Zhejiang Transfar Co Ltd (002010) | $1.50 Billion | 9.56% | 0.29x | $1.98 Billion |
| Poly Union Chemical Holding Group Co Ltd (002037) | $2.32 Billion | 3.50% | 2.59x | $468.74 Million |
About Shandong Sinocera Func Material
Shandong Sinocera Functional Material Co., Ltd., together with its subsidiaries, engages in the research, development, production, and sale of ceramic materials and products in China and internationally. The company operates through six segments: Electronic Materials, Catalytic Materials, Biomedical Materials, New Energy Materials, Precision Ceramics, and Digital Printing and Other Materials. It … Read more