Zhejiang Yangfan New Materials Co Ltd (300637) - Net Assets
Based on the latest financial reports, Zhejiang Yangfan New Materials Co Ltd (300637) has net assets worth CN¥732.78 Million CNY (≈ $107.23 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.31 Billion ≈ $191.85 Million USD) and total liabilities (CN¥578.27 Million ≈ $84.62 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 Zhejiang Yangfan New Materials Co Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥732.78 Million |
| % of Total Assets | 55.89% |
| Annual Growth Rate | 11.31% |
| 5-Year Change | -10.39% |
| 10-Year Change | 168.96% |
| Growth Volatility | 27.97 |
Zhejiang Yangfan New Materials Co Ltd - Net Assets Trend (2012–2024)
This chart illustrates how Zhejiang Yangfan New Materials Co Ltd's net assets have evolved over time, based on quarterly financial data. See 300637 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Zhejiang Yangfan New Materials Co Ltd (2012–2024)
The table below shows the annual net assets of Zhejiang Yangfan New Materials Co Ltd from 2012 to 2024. For live valuation and market cap data, see 300637 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥681.26 Million ≈ $99.69 Million |
-1.70% |
| 2023-12-31 | CN¥693.06 Million ≈ $101.42 Million |
-8.48% |
| 2022-12-31 | CN¥757.29 Million ≈ $110.82 Million |
-1.15% |
| 2021-12-31 | CN¥766.07 Million ≈ $112.10 Million |
+0.76% |
| 2020-12-31 | CN¥760.29 Million ≈ $111.25 Million |
-1.82% |
| 2019-12-31 | CN¥774.36 Million ≈ $113.31 Million |
+10.37% |
| 2018-12-31 | CN¥701.59 Million ≈ $102.66 Million |
+24.50% |
| 2017-12-31 | CN¥563.51 Million ≈ $82.46 Million |
+102.19% |
| 2016-12-31 | CN¥278.71 Million ≈ $40.78 Million |
+10.03% |
| 2015-12-31 | CN¥253.29 Million ≈ $37.06 Million |
+10.01% |
| 2014-12-31 | CN¥230.25 Million ≈ $33.69 Million |
+14.28% |
| 2013-12-31 | CN¥201.48 Million ≈ $29.48 Million |
+7.01% |
| 2012-12-31 | CN¥188.28 Million ≈ $27.55 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Zhejiang Yangfan New 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 966.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥150.99 Million | 22.16% |
| Common Stock | CN¥234.75 Million | 34.46% |
| Other Components | CN¥295.52 Million | 43.38% |
| Total Equity | CN¥681.26 Million | 100.00% |
Zhejiang Yangfan New Materials Co Ltd Competitors by Market Cap
The table below lists competitors of Zhejiang Yangfan New Materials Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kis Wire
KO:002240
|
$353.66 Million |
|
Hyliion Holdings Corp.
NYSE MKT:HYLN
|
$353.71 Million |
|
Shandong Cynda Chemcial Co Ltd
SHG:603086
|
$353.77 Million |
|
KINX Inc
KQ:093320
|
$353.81 Million |
|
Yunnan Jianzhijia Health-Chain Co Ltd
SHG:605266
|
$353.46 Million |
|
Brunel International NV
AS:BRNL
|
$353.34 Million |
|
Aclaris Therapeutics Inc
NASDAQ:ACRS
|
$353.21 Million |
|
Ferm. Casino Mun. Canne
PA:FCMC
|
$353.17 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhejiang Yangfan New Materials Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 693,060,834 to 681,263,328, a change of -11,797,506 (-1.7%).
- Net loss of 46,042,709 reduced equity.
- Dividend payments of 15,396,578 reduced retained earnings.
- Other factors increased equity by 49,641,781.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-46.04 Million | -6.76% |
| Dividends Paid | CN¥15.40 Million | -2.26% |
| Other Changes | CN¥49.64 Million | +7.29% |
| Total Change | CN¥- | -1.70% |
Book Value vs Market Value Analysis
This analysis compares Zhejiang Yangfan New 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: 3.55x
- 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 9.25x to 3.55x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | CN¥1.11 | CN¥10.29 | x |
| 2013-12-31 | CN¥1.17 | CN¥10.29 | x |
| 2014-12-31 | CN¥1.35 | CN¥10.29 | x |
| 2015-12-31 | CN¥1.47 | CN¥10.29 | x |
| 2016-12-31 | CN¥1.63 | CN¥10.29 | x |
| 2017-12-31 | CN¥2.68 | CN¥10.29 | x |
| 2018-12-31 | CN¥3.06 | CN¥10.29 | x |
| 2019-12-31 | CN¥3.37 | CN¥10.29 | x |
| 2020-12-31 | CN¥3.24 | CN¥10.29 | x |
| 2021-12-31 | CN¥3.26 | CN¥10.29 | x |
| 2022-12-31 | CN¥3.23 | CN¥10.29 | x |
| 2023-12-31 | CN¥2.95 | CN¥10.29 | x |
| 2024-12-31 | CN¥2.90 | CN¥10.29 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhejiang Yangfan New 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): -6.76%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.30%
- • Asset Turnover: 0.54x
- • Equity Multiplier: 2.00x
- Recent ROE (-6.76%) is below the historical average (8.69%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 19.40% | 12.82% | 0.72x | 2.09x | CN¥17.69 Million |
| 2013 | 9.43% | 7.96% | 0.66x | 1.80x | CN¥-1.15 Million |
| 2014 | 16.03% | 10.12% | 0.84x | 1.87x | CN¥13.89 Million |
| 2015 | 16.48% | 10.87% | 0.81x | 1.88x | CN¥16.42 Million |
| 2016 | 21.62% | 15.64% | 0.85x | 1.62x | CN¥32.39 Million |
| 2017 | 11.57% | 14.94% | 0.67x | 1.15x | CN¥8.86 Million |
| 2018 | 19.60% | 26.14% | 0.66x | 1.14x | CN¥67.33 Million |
| 2019 | 13.05% | 19.75% | 0.47x | 1.42x | CN¥23.63 Million |
| 2020 | 3.64% | 5.59% | 0.40x | 1.62x | CN¥-48.38 Million |
| 2021 | 0.86% | 0.92% | 0.52x | 1.83x | CN¥-70.01 Million |
| 2022 | 0.75% | 0.72% | 0.57x | 1.83x | CN¥-70.05 Million |
| 2023 | -12.66% | -12.69% | 0.52x | 1.91x | CN¥-157.04 Million |
| 2024 | -6.76% | -6.30% | 0.54x | 2.00x | CN¥-114.17 Million |
Industry Comparison
This section compares Zhejiang Yangfan New Materials Co Ltd's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $814,039,775
- Average return on equity (ROE) among peers: 11.86%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang Yangfan New Materials Co Ltd (300637) | CN¥732.78 Million | 19.40% | 0.79x | $353.48 Million |
| North Huajin Chemical Industries Co Ltd (000059) | $1.66 Billion | 14.45% | 1.50x | $940.88 Million |
| Sichuan Chemical Co Ltd (000155) | $452.40 Million | 20.36% | 1.97x | $3.48 Billion |
| Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) | $2.56 Billion | 4.43% | 0.36x | $11.21 Billion |
| Zangge Holding Co Ltd (000408) | $500.14 Million | 2.06% | 0.92x | $17.56 Billion |
| Sichuan Jinlu Group Co Ltd (000510) | $1.17 Billion | 5.97% | 1.33x | $2.10 Billion |
| Jilin Gpro Titanium Industry Co Ltd (000545) | $152.09 Million | 4.78% | 1.62x | $348.02 Million |
| Aoyuan Beauty Valley Technology Co Ltd (000615) | $560.43 Million | 4.68% | 0.78x | $891.94 Million |
| Ningxia Younglight Chemicals Co Ltd (000635) | $342.74 Million | 13.58% | 2.48x | $376.61 Million |
| Maoming Petro-Chemical Shihua Co Ltd (000637) | $702.67 Million | 17.21% | 0.08x | $286.04 Million |
| Inner Mongolia Yuan Xing Energy Co Ltd (000683) | $35.88 Million | 31.04% | 3.02x | $3.42 Billion |
About Zhejiang Yangfan New Materials Co Ltd
Yangfan New Materials (Zhejiang) Co., Ltd., together with its subsidiaries, engages in the research, development, production, and sale of ultraviolet (UV) curing products, sulfur-containing fine chemicals, and related new materials in China and internationally. The company offers 4-fluoro thiophenol, diphenyl sulfide, diphenyl disulfide, cyclopropanesulfonyl amide, and thioacetamide; and intermed… Read more