Baoding Lucky Innovative Materials Co Ltd Net Assets
Baoding Lucky Innovative Materials Co Ltd net assets. Based on the latest financial reports, Baoding Lucky Innovative Materials Co Ltd (300446) has net assets worth CN¥6.42 Billion CNY (≈ $939.46 Million 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¥11.13 Billion ≈ $1.63 Billion USD) and total liabilities (CN¥4.71 Billion ≈ $688.72 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. Also explore 300446 net assets growth trend to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥6.42 Billion |
| % of Total Assets | 57.7% |
| Annual Growth Rate | 35.95% |
| 5-Year Change | 821.98% |
| 10-Year Change | 1157.26% |
| Growth Volatility | 150.86 |
Net Assets of Baoding Lucky Innovative Materials Co Ltd (2011–2025)
Net assets of Baoding Lucky Innovative Materials Co Ltd from 2011 to 2025. This chart illustrates how Baoding Lucky Innovative Materials Co Ltd's net assets have evolved over time, based on quarterly financial data. See Baoding Lucky Innovative Materials Co Lt balance sheet independence to measure how much of total assets are equity-financed.
Annual Net Assets for Baoding Lucky Innovative Materials Co Ltd (2011–2025)
The table below shows the annual net assets of Baoding Lucky Innovative Materials Co Ltd from 2011 to 2025. For live market cap and overall valuation, see Baoding Lucky Innovative Materials Co Lt (300446) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥6.25 Billion ≈ $914.99 Million |
+12.35% |
| 2024-12-31 | CN¥5.57 Billion ≈ $814.42 Million |
+16.07% |
| 2023-12-31 | CN¥4.79 Billion ≈ $701.66 Million |
+601.43% |
| 2022-12-31 | CN¥683.60 Million ≈ $100.03 Million |
+0.80% |
| 2021-12-31 | CN¥678.20 Million ≈ $99.24 Million |
+0.63% |
| 2020-12-31 | CN¥673.93 Million ≈ $98.62 Million |
-2.55% |
| 2019-12-31 | CN¥691.59 Million ≈ $101.20 Million |
+11.76% |
| 2018-12-31 | CN¥618.82 Million ≈ $90.55 Million |
+9.55% |
| 2017-12-31 | CN¥564.88 Million ≈ $82.66 Million |
+13.58% |
| 2016-12-31 | CN¥497.34 Million ≈ $72.78 Million |
+16.69% |
| 2015-12-31 | CN¥426.20 Million ≈ $62.37 Million |
+75.22% |
| 2014-12-31 | CN¥243.23 Million ≈ $35.59 Million |
+25.42% |
| 2013-12-31 | CN¥193.94 Million ≈ $28.38 Million |
+50.69% |
| 2012-12-31 | CN¥128.70 Million ≈ $18.83 Million |
+51.74% |
| 2011-12-31 | CN¥84.82 Million ≈ $12.41 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Baoding Lucky Innovative Materials Co Ltd'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 7863.6% over the analyzed period, indicating profitable operations and earnings retention.
Baoding Lucky Innovative Materials Co Ltd Net Assets Breakdown (December 2025)
Baoding Lucky Innovative Materials Co Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.74 Billion | 46.47% |
| Other Components | CN¥3.16 Billion | 53.53% |
| Total Equity | CN¥5.90 Billion | 100.00% |
Baoding Lucky Innovative Materials Co Ltd Competitors by Market Cap
The table below lists competitors of Baoding Lucky Innovative Materials Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Redfin Corp
NASDAQ:RDFN
|
$1.43 Billion |
|
CIE Automotive India Limited
NSE:CIEINDIA
|
$1.43 Billion |
|
Exail Technologies S.A.
PA:EXA
|
$1.43 Billion |
|
Innovative Industrial Properties Inc
NYSE:IIPR
|
$1.43 Billion |
|
Scatec Solar OL
OL:SCATC
|
$1.43 Billion |
|
Sharplink Gaming Ltd
NASDAQ:SBET
|
$1.43 Billion |
|
Cia Brasileira de Aluminio
SA:CBAV3
|
$1.43 Billion |
|
Zhe Jiang Dali Technology Co Ltd
SHE:002214
|
$1.43 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Baoding Lucky Innovative Materials Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,243,673,706 to 5,901,407,387, a change of 657,733,681 (12.5%).
- Net income of 880,731,800 contributed positively to equity growth.
- Dividend payments of 239,916,363 reduced retained earnings.
- Other comprehensive income decreased equity by 205,479,084.
- Other factors increased equity by 222,397,328.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥880.73 Million | +14.92% |
| Dividends Paid | CN¥239.92 Million | -4.07% |
| Other Comprehensive Income | CN¥-205.48 Million | -3.48% |
| Other Changes | CN¥222.40 Million | +3.77% |
| Total Change | CN¥- | 12.54% |
Book Value vs Market Value Analysis
This analysis compares Baoding Lucky Innovative Materials Co Ltd'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: 1.66x
- 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 17.91x to 1.66x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥0.65 | CN¥11.58 | x |
| 2012-12-31 | CN¥0.97 | CN¥11.58 | x |
| 2013-12-31 | CN¥1.28 | CN¥11.58 | x |
| 2014-12-31 | CN¥1.60 | CN¥11.58 | x |
| 2015-12-31 | CN¥2.30 | CN¥11.58 | x |
| 2016-12-31 | CN¥2.45 | CN¥11.58 | x |
| 2017-12-31 | CN¥2.79 | CN¥11.58 | x |
| 2018-12-31 | CN¥3.05 | CN¥11.58 | x |
| 2019-12-31 | CN¥3.41 | CN¥11.58 | x |
| 2020-12-31 | CN¥3.17 | CN¥11.58 | x |
| 2021-12-31 | CN¥3.20 | CN¥11.58 | x |
| 2022-12-31 | CN¥0.98 | CN¥11.58 | x |
| 2023-12-31 | CN¥6.65 | CN¥11.58 | x |
| 2024-12-31 | CN¥6.20 | CN¥11.58 | x |
| 2025-12-31 | CN¥6.98 | CN¥11.58 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Baoding Lucky Innovative Materials Co Ltd 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): 14.92%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.78%
- • Asset Turnover: 0.78x
- • Equity Multiplier: 1.95x
- Recent ROE (14.92%) is below the historical average (20.65%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 37.32% | 26.80% | 0.77x | 1.81x | CN¥23.17 Million |
| 2012 | 34.10% | 32.79% | 0.59x | 1.78x | CN¥31.01 Million |
| 2013 | 33.64% | 36.16% | 0.59x | 1.56x | CN¥45.85 Million |
| 2014 | 31.61% | 36.52% | 0.64x | 1.35x | CN¥52.57 Million |
| 2015 | 23.16% | 40.89% | 0.51x | 1.11x | CN¥56.10 Million |
| 2016 | 21.71% | 41.30% | 0.48x | 1.09x | CN¥58.24 Million |
| 2017 | 18.48% | 40.42% | 0.42x | 1.08x | CN¥47.89 Million |
| 2018 | 16.65% | 38.97% | 0.40x | 1.07x | CN¥41.18 Million |
| 2019 | 16.66% | 34.52% | 0.45x | 1.07x | CN¥46.08 Million |
| 2020 | -3.91% | -19.21% | 0.16x | 1.30x | CN¥-89.47 Million |
| 2021 | 0.77% | 3.26% | 0.19x | 1.28x | CN¥-59.81 Million |
| 2022 | 40.18% | 5.38% | 5.98x | 1.25x | CN¥197.05 Million |
| 2023 | 9.34% | 7.22% | 0.60x | 2.14x | CN¥-29.72 Million |
| 2024 | 15.10% | 10.18% | 0.77x | 1.93x | CN¥267.35 Million |
| 2025 | 14.92% | 9.78% | 0.78x | 1.95x | CN¥290.59 Million |
Industry Comparison
This section compares Baoding Lucky Innovative Materials Co Ltd's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $1,129,490,062
- Average return on equity (ROE) among peers: 1.99%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Baoding Lucky Innovative Materials Co Ltd (300446) | CN¥6.42 Billion | 37.32% | 0.73x | $1.43 Billion |
| Chongqing Sanxia Paints Co Ltd (000565) | $52.85 Million | 22.79% | 1.49x | $354.68 Million |
| Hengyi Petrochemical Co Ltd (000703) | $207.78 Million | -7.69% | 0.69x | $7.74 Billion |
| Guangdong Xinhui Meida Nylon Co Ltd (000782) | $928.69 Million | 2.92% | 0.77x | $682.18 Million |
| Luxi Chemical Group Co Ltd (000830) | $599.53 Million | 12.23% | 0.85x | $3.00 Billion |
| China Minmetals Rare Earth Co Ltd (000831) | $527.61 Million | 8.55% | 0.40x | $7.39 Billion |
| Anhui Guofeng Plastic Industry Co Ltd (000859) | $1.08 Billion | 0.46% | 0.67x | $1.02 Billion |
| Cofco Biochemical Anhui Co Ltd (000930) | $1.79 Billion | 5.66% | 2.30x | $1.29 Billion |
| Shandong Link Science and Technology Co Ltd (001207) | $2.36 Billion | 12.38% | 0.36x | $747.44 Million |
| Zhejiang Transfar Co Ltd (002010) | $1.88 Billion | 8.19% | 0.59x | $1.84 Billion |
| Poly Union Chemical Holding Group Co Ltd (002037) | $1.86 Billion | -45.62% | 7.40x | $458.83 Million |
About Baoding Lucky Innovative Materials Co Ltd
Aerospace Intelligent Manufacturing Technology Co., Ltd. manufactures and sells automotive parts, oil and gas equipment, and functional materials in China and internationally. It offers instrument panel assembly, sub-instrument and door panel assemblies, pillar inner guard plate, EPP foam parts, bumper assemblies, spoiler assemblies, all-plastic tailgate assemblies, underbody trims, ventilation c… Read more