Fujian Acetron New Materials Co Ltd (300706) - Net Assets
Based on the latest financial reports, Fujian Acetron New Materials Co Ltd (300706) has net assets worth CN¥735.08 Million CNY (≈ $107.57 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¥2.09 Billion ≈ $306.02 Million USD) and total liabilities (CN¥1.36 Billion ≈ $198.46 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 Fujian Acetron New Materials Co Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥735.08 Million |
| % of Total Assets | 35.15% |
| Annual Growth Rate | 24.93% |
| 5-Year Change | 46.47% |
| 10-Year Change | 348.84% |
| Growth Volatility | 38.73 |
Fujian Acetron New Materials Co Ltd - Net Assets Trend (2013–2024)
This chart illustrates how Fujian Acetron New Materials Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Fujian Acetron New Materials Co Ltd (300706) total assets for the complete picture of this company's asset base.
Annual Net Assets for Fujian Acetron New Materials Co Ltd (2013–2024)
The table below shows the annual net assets of Fujian Acetron New Materials Co Ltd from 2013 to 2024. For live valuation and market cap data, see how much is Fujian Acetron New Materials Co Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥748.33 Million ≈ $109.50 Million |
-4.00% |
| 2023-12-31 | CN¥779.50 Million ≈ $114.07 Million |
+2.32% |
| 2022-12-31 | CN¥761.84 Million ≈ $111.48 Million |
-4.94% |
| 2021-12-31 | CN¥801.46 Million ≈ $117.28 Million |
+56.87% |
| 2020-12-31 | CN¥510.91 Million ≈ $74.76 Million |
+15.64% |
| 2019-12-31 | CN¥441.81 Million ≈ $64.65 Million |
+2.46% |
| 2018-12-31 | CN¥431.22 Million ≈ $63.10 Million |
+5.73% |
| 2017-12-31 | CN¥407.85 Million ≈ $59.68 Million |
+101.16% |
| 2016-12-31 | CN¥202.75 Million ≈ $29.67 Million |
+21.61% |
| 2015-12-31 | CN¥166.73 Million ≈ $24.40 Million |
+106.95% |
| 2014-12-31 | CN¥80.56 Million ≈ $11.79 Million |
+24.63% |
| 2013-12-31 | CN¥64.64 Million ≈ $9.46 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Fujian Acetron 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 295.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥123.55 Million | 17.04% |
| Common Stock | CN¥152.94 Million | 21.10% |
| Other Comprehensive Income | CN¥19.02 Million | 2.62% |
| Other Components | CN¥429.37 Million | 59.23% |
| Total Equity | CN¥724.87 Million | 100.00% |
Fujian Acetron New Materials Co Ltd Competitors by Market Cap
The table below lists competitors of Fujian Acetron New Materials Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Supalai Public Company Limited
BK:SPALI
|
$953.45 Million |
|
Israel Shipyards Ltd
TA:ISHI
|
$953.75 Million |
|
Shanghai Huitong Energy Co Ltd
SHG:600605
|
$953.87 Million |
|
Shenzhen Tellus Holding Co Ltd
SHE:000025
|
$954.10 Million |
|
Chongqing Wangbian Electric (Group) Corp. Ltd.
SHG:603191
|
$953.22 Million |
|
Guilin Layn Natural Ingredients Corp
SHE:002166
|
$952.81 Million |
|
ZheJiang ZhongKe Magnetic Co. Ltd. A
SHE:301141
|
$952.51 Million |
|
Jiangsu Lianhuan Pharmaceutical Co Ltd
SHG:600513
|
$951.55 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fujian Acetron New Materials Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 755,383,596 to 724,874,911, a change of -30,508,685 (-4.0%).
- Net loss of 25,335,937 reduced equity.
- Dividend payments of 20,000,035 reduced retained earnings.
- Other comprehensive income increased equity by 18,279,224.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-25.34 Million | -3.5% |
| Dividends Paid | CN¥20.00 Million | -2.76% |
| Other Comprehensive Income | CN¥18.28 Million | +2.52% |
| Other Changes | CN¥-3.45 Million | -0.48% |
| Total Change | CN¥- | -4.04% |
Book Value vs Market Value Analysis
This analysis compares Fujian Acetron 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: 8.74x
- 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 55.85x to 8.74x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | CN¥0.76 | CN¥42.50 | x |
| 2014-12-31 | CN¥0.96 | CN¥42.50 | x |
| 2015-12-31 | CN¥1.79 | CN¥42.50 | x |
| 2016-12-31 | CN¥1.91 | CN¥42.50 | x |
| 2017-12-31 | CN¥3.59 | CN¥42.50 | x |
| 2018-12-31 | CN¥3.11 | CN¥42.50 | x |
| 2019-12-31 | CN¥3.13 | CN¥42.50 | x |
| 2020-12-31 | CN¥3.14 | CN¥42.50 | x |
| 2021-12-31 | CN¥5.06 | CN¥42.50 | x |
| 2022-12-31 | CN¥4.85 | CN¥42.50 | x |
| 2023-12-31 | CN¥4.94 | CN¥42.50 | x |
| 2024-12-31 | CN¥4.86 | CN¥42.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fujian Acetron 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): -3.50%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.14%
- • Asset Turnover: 0.62x
- • Equity Multiplier: 2.63x
- Recent ROE (-3.50%) is below the historical average (7.38%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 11.68% | 13.21% | 0.54x | 1.65x | CN¥1.09 Million |
| 2014 | 19.76% | 19.26% | 0.60x | 1.71x | CN¥7.86 Million |
| 2015 | 15.80% | 21.17% | 0.61x | 1.23x | CN¥9.67 Million |
| 2016 | 17.77% | 20.63% | 0.63x | 1.36x | CN¥15.75 Million |
| 2017 | 10.04% | 17.38% | 0.43x | 1.34x | CN¥147.01K |
| 2018 | 6.43% | 10.83% | 0.42x | 1.43x | CN¥-15.39 Million |
| 2019 | 3.31% | 4.62% | 0.45x | 1.61x | CN¥-29.54 Million |
| 2020 | 1.32% | 1.66% | 0.35x | 2.29x | CN¥-38.43 Million |
| 2021 | 2.37% | 2.89% | 0.48x | 1.70x | CN¥-56.75 Million |
| 2022 | 1.90% | 2.03% | 0.49x | 1.92x | CN¥-60.05 Million |
| 2023 | 1.62% | 1.28% | 0.57x | 2.23x | CN¥-63.27 Million |
| 2024 | -3.50% | -2.14% | 0.62x | 2.63x | CN¥-97.82 Million |
Industry Comparison
This section compares Fujian Acetron New Materials Co Ltd's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $2,526,275,526
- Average return on equity (ROE) among peers: 14.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fujian Acetron New Materials Co Ltd (300706) | CN¥735.08 Million | 11.68% | 1.84x | $953.40 Million |
| North Huajin Chemical Industries Co Ltd (000059) | $12.66 Billion | 14.57% | 1.45x | $1.33 Billion |
| Sichuan Chemical Co Ltd (000155) | $7.35 Billion | 4.73% | 1.50x | $4.71 Billion |
| Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) | $246.65 Million | 3.47% | 1.71x | $12.84 Billion |
| Zangge Holding Co Ltd (000408) | $477.67 Million | 1.53% | 1.45x | $20.51 Billion |
| Sichuan Jinlu Group Co Ltd (000510) | $1.17 Billion | 5.97% | 1.33x | $1.34 Billion |
| Jilin Gpro Titanium Industry Co Ltd (000545) | $313.50 Million | 0.80% | 0.55x | $436.10 Million |
| Aoyuan Beauty Valley Technology Co Ltd (000615) | $54.68 Million | 39.27% | 1.16x | $871.02 Million |
| Ningxia Younglight Chemicals Co Ltd (000635) | $2.67 Billion | 1.91% | 0.16x | $470.62 Million |
| Maoming Petro-Chemical Shihua Co Ltd (000637) | $220.98 Million | 19.06% | 0.40x | $366.68 Million |
| Inner Mongolia Yuan Xing Energy Co Ltd (000683) | $93.73 Million | 50.32% | 1.49x | $4.87 Billion |
About Fujian Acetron New Materials Co Ltd
Fujian Acetron New Materials Co., Ltd. engages in the research, development, production, and sale of vacuum evaporation and sputter coating materials in China. The company offers compounds, fluoride materials, oxide materials, metal and alloy materials, organics, and coating accessories, targets for the optics/optic communication industry; and sulfide and other materials. It also provides targets… Read more