Yinbang Clad Material
Yinbang Clad Material Co.,Ltd researches, develops, produces, and sells aluminum alloy composites, non-composite materials, and multi-metal composite materials in China. The company offers aluminum heat transfer materials, aluminum-steel composite materials, and aluminum alloy composite protective materials; and multi-metal composite materials, such as aluminum steel, aluminum stainless steel, al… Read more
Yinbang Clad Material (300337) - Net Assets
Latest net assets as of September 2025: CN¥1.74 Billion CNY
Based on the latest financial reports, Yinbang Clad Material (300337) has net assets worth CN¥1.74 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¥6.53 Billion) and total liabilities (CN¥4.80 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¥1.74 Billion |
| % of Total Assets | 26.56% |
| Annual Growth Rate | 12.77% |
| 5-Year Change | 12.71% |
| 10-Year Change | 8.56% |
| Growth Volatility | 39.28 |
Yinbang Clad Material - Net Assets Trend (2008–2024)
This chart illustrates how Yinbang Clad Material's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Yinbang Clad Material (2008–2024)
The table below shows the annual net assets of Yinbang Clad Material from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.65 Billion | +2.10% |
| 2023-12-31 | CN¥1.62 Billion | +3.60% |
| 2022-12-31 | CN¥1.56 Billion | +4.01% |
| 2021-12-31 | CN¥1.50 Billion | +2.45% |
| 2020-12-31 | CN¥1.47 Billion | +0.50% |
| 2019-12-31 | CN¥1.46 Billion | +2.06% |
| 2018-12-31 | CN¥1.43 Billion | -6.97% |
| 2017-12-31 | CN¥1.54 Billion | +0.32% |
| 2016-12-31 | CN¥1.53 Billion | +0.63% |
| 2015-12-31 | CN¥1.52 Billion | -11.79% |
| 2014-12-31 | CN¥1.73 Billion | +2.17% |
| 2013-12-31 | CN¥1.69 Billion | +3.49% |
| 2012-12-31 | CN¥1.63 Billion | +155.97% |
| 2011-12-31 | CN¥638.38 Million | +24.00% |
| 2010-12-31 | CN¥514.80 Million | +49.09% |
| 2009-12-31 | CN¥345.30 Million | +42.79% |
| 2008-12-31 | CN¥241.83 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Yinbang Clad 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 decreased by 0.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥197.00 Million | 11.78% |
| Common Stock | CN¥821.92 Million | 49.16% |
| Other Comprehensive Income | CN¥81.54 Million | 4.88% |
| Other Components | CN¥571.30 Million | 34.17% |
| Total Equity | CN¥1.67 Billion | 100.00% |
Yinbang Clad Material Competitors by Market Cap
The table below lists competitors of Yinbang Clad Material ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Xintec
TWO:3374
|
$827.07 Million |
|
Mercantile Bank Corporation
NASDAQ:MBWM
|
$827.69 Million |
|
Asia Optical Co Inc
TW:3019
|
$827.87 Million |
|
VNDIRECT Securities Corp
VN:VND
|
$827.89 Million |
|
BlueNord ASA
OL:BNOR
|
$826.93 Million |
|
Osotspa Public Company Limited
OTCGREY:OSOPF
|
$826.68 Million |
|
La Comer S.A.B. de C.V
PINK:LCMRF
|
$826.63 Million |
|
SAF-Holland SE
PINK:SFHLF
|
$826.28 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Yinbang Clad Material's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,636,765,930 to 1,671,762,634, a change of 34,996,704 (2.1%).
- Net income of 57,690,131 contributed positively to equity growth.
- Dividend payments of 146,086,281 reduced retained earnings.
- Other comprehensive income increased equity by 81,541,056.
- Other factors increased equity by 41,851,798.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥57.69 Million | +3.45% |
| Dividends Paid | CN¥146.09 Million | -8.74% |
| Other Comprehensive Income | CN¥81.54 Million | +4.88% |
| Other Changes | CN¥41.85 Million | +2.5% |
| Total Change | CN¥- | 2.14% |
Book Value vs Market Value Analysis
This analysis compares Yinbang Clad 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: 6.26x
- 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 32.60x to 6.26x 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¥0.39 | CN¥12.73 | x |
| 2009-12-31 | CN¥0.56 | CN¥12.73 | x |
| 2010-12-31 | CN¥0.83 | CN¥12.73 | x |
| 2011-12-31 | CN¥1.03 | CN¥12.73 | x |
| 2012-12-31 | CN¥2.34 | CN¥12.73 | x |
| 2013-12-31 | CN¥2.03 | CN¥12.73 | x |
| 2014-12-31 | CN¥2.10 | CN¥12.73 | x |
| 2015-12-31 | CN¥1.85 | CN¥12.73 | x |
| 2016-12-31 | CN¥2.19 | CN¥12.73 | x |
| 2017-12-31 | CN¥1.97 | CN¥12.73 | x |
| 2018-12-31 | CN¥1.78 | CN¥12.73 | x |
| 2019-12-31 | CN¥1.80 | CN¥12.73 | x |
| 2020-12-31 | CN¥1.80 | CN¥12.73 | x |
| 2021-12-31 | CN¥1.85 | CN¥12.73 | x |
| 2022-12-31 | CN¥1.92 | CN¥12.73 | x |
| 2023-12-31 | CN¥1.99 | CN¥12.73 | x |
| 2024-12-31 | CN¥2.03 | CN¥12.73 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Yinbang Clad 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): 3.45%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.08%
- • Asset Turnover: 0.92x
- • Equity Multiplier: 3.49x
- Recent ROE (3.45%) is below the historical average (5.70%), 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 | 23.66% | 8.23% | 1.62x | 1.78x | CN¥33.04 Million |
| 2009 | 22.10% | 10.97% | 1.24x | 1.62x | CN¥41.77 Million |
| 2010 | 17.77% | 7.41% | 1.54x | 1.56x | CN¥40.02 Million |
| 2011 | 19.36% | 8.03% | 1.50x | 1.61x | CN¥59.74 Million |
| 2012 | 6.11% | 7.10% | 0.71x | 1.21x | CN¥-63.55 Million |
| 2013 | 4.47% | 4.82% | 0.69x | 1.34x | CN¥-93.45 Million |
| 2014 | 3.22% | 3.89% | 0.55x | 1.51x | CN¥-117.15 Million |
| 2015 | -12.26% | -13.73% | 0.56x | 1.61x | CN¥-339.16 Million |
| 2016 | 0.48% | 0.47% | 0.61x | 1.67x | CN¥-146.02 Million |
| 2017 | 0.51% | 0.39% | 0.74x | 1.75x | CN¥-145.97 Million |
| 2018 | -5.07% | -3.83% | 0.69x | 1.92x | CN¥-219.79 Million |
| 2019 | 1.12% | 0.82% | 0.66x | 2.07x | CN¥-130.98 Million |
| 2020 | 1.14% | 0.72% | 0.71x | 2.26x | CN¥-131.31 Million |
| 2021 | 2.67% | 1.27% | 0.86x | 2.45x | CN¥-111.26 Million |
| 2022 | 4.26% | 1.71% | 0.98x | 2.55x | CN¥-90.63 Million |
| 2023 | 3.94% | 1.45% | 0.99x | 2.75x | CN¥-99.19 Million |
| 2024 | 3.45% | 1.08% | 0.92x | 3.49x | CN¥-109.49 Million |
Industry Comparison
This section compares Yinbang Clad Material's net assets metrics with peer companies in the Aluminum industry.
Industry Context
- Industry: Aluminum
- Average net assets among peers: $4,846,992,485
- Average return on equity (ROE) among peers: 5.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Yinbang Clad Material (300337) | CN¥1.74 Billion | 23.66% | 2.76x | $827.05 Million |
| Jiaozuo Wanfang Aluminum (000612) | $5.30 Billion | 5.72% | 0.48x | $1.56 Billion |
| Yunnan Aluminium Co Ltd (000807) | $20.91 Billion | 15.94% | 0.81x | $8.73 Billion |
| Henan Shenhuo Coal & Power Co Ltd (000933) | $10.42 Billion | -3.52% | 3.91x | $6.78 Billion |
| Guangdong Hongtu Technology Holdings Co Ltd (002101) | $1.35 Billion | 8.74% | 0.89x | $589.47 Million |
| Jiangsu Alcha Aluminium Co Ltd (002160) | $2.90 Billion | -14.82% | 1.20x | $644.16 Million |
| Nanjing Yunhai Special Metals Co Ltd (002182) | $1.09 Billion | 0.35% | 1.17x | $1.49 Billion |
| ZYF Lopsking Aluminum Co Ltd (002333) | $146.13 Million | 24.51% | 1.53x | $135.36 Million |
| Shandong Hongchuang Aluminum Industry Holding Co Ltd (002379) | $1.96 Billion | -3.52% | 0.60x | $3.60 Billion |
| Jilin Liyuan Precision Manufacturing Co Ltd (002501) | $3.44 Billion | 11.58% | 0.95x | $703.83 Million |
| Tianshan Aluminum Group Co Ltd (002532) | $958.82 Million | 9.00% | 0.33x | $5.67 Billion |