Sinofibers Technology Co Ltd (300777) - Net Assets
Based on the latest financial reports, Sinofibers Technology Co Ltd (300777) has net assets worth CN¥4.48 Billion CNY (≈ $656.08 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¥4.94 Billion ≈ $722.70 Million USD) and total liabilities (CN¥455.26 Million ≈ $66.62 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 Sinofibers Technology Co Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥4.48 Billion |
| % of Total Assets | 90.78% |
| Annual Growth Rate | 33.17% |
| 5-Year Change | 268.29% |
| 10-Year Change | 1131.8% |
| Growth Volatility | 51.92 |
Sinofibers Technology Co Ltd - Net Assets Trend (2013–2024)
This chart illustrates how Sinofibers Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Sinofibers Technology Co Ltd balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Sinofibers Technology Co Ltd (2013–2024)
The table below shows the annual net assets of Sinofibers Technology Co Ltd from 2013 to 2024. For live valuation and market cap data, see market cap of Sinofibers Technology Co Ltd.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.36 Billion ≈ $638.44 Million |
+6.85% |
| 2023-12-31 | CN¥4.08 Billion ≈ $597.54 Million |
+4.86% |
| 2022-12-31 | CN¥3.89 Billion ≈ $569.85 Million |
+189.71% |
| 2021-12-31 | CN¥1.34 Billion ≈ $196.70 Million |
+13.46% |
| 2020-12-31 | CN¥1.18 Billion ≈ $173.35 Million |
+20.89% |
| 2019-12-31 | CN¥979.92 Million ≈ $143.39 Million |
+54.91% |
| 2018-12-31 | CN¥632.57 Million ≈ $92.57 Million |
+23.52% |
| 2017-12-31 | CN¥512.14 Million ≈ $74.94 Million |
+25.26% |
| 2016-12-31 | CN¥408.87 Million ≈ $59.83 Million |
+15.44% |
| 2015-12-31 | CN¥354.20 Million ≈ $51.83 Million |
+77.61% |
| 2014-12-31 | CN¥199.43 Million ≈ $29.18 Million |
+6.81% |
| 2013-12-31 | CN¥186.71 Million ≈ $27.32 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Sinofibers Technology 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 168342330230.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.60 Billion | 36.81% |
| Common Stock | CN¥439.71 Million | 10.10% |
| Other Comprehensive Income | CN¥219.09 Million | 5.03% |
| Other Components | CN¥2.09 Billion | 48.06% |
| Total Equity | CN¥4.36 Billion | 100.00% |
Sinofibers Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Sinofibers Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jones Tech PLC Class A
SHE:300684
|
$2.38 Billion |
|
Peab AB (publ)
ST:PEAB-B
|
$2.38 Billion |
|
Van Lanschot NV
AS:VLK
|
$2.38 Billion |
|
Ningbo Shuanglin Auto Parts
SHE:300100
|
$2.39 Billion |
|
P/F Bakkafrost
F:6BF
|
$2.38 Billion |
|
Shenzhen SDG Information Co Ltd
SHE:000070
|
$2.38 Billion |
|
Shanghai Pret Composites
SHE:002324
|
$2.38 Billion |
|
China National Building Material Company Limited
F:D1Y
|
$2.38 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sinofibers Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,078,882,980 to 4,355,406,404, a change of 276,523,424 (6.8%).
- Net income of 356,132,857 contributed positively to equity growth.
- Dividend payments of 52,289,538 reduced retained earnings.
- Other comprehensive income increased equity by 38,413,740.
- Other factors decreased equity by 65,733,635.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥356.13 Million | +8.18% |
| Dividends Paid | CN¥52.29 Million | -1.2% |
| Other Comprehensive Income | CN¥38.41 Million | +0.88% |
| Other Changes | CN¥-65.73 Million | -1.51% |
| Total Change | CN¥- | 6.78% |
Book Value vs Market Value Analysis
This analysis compares Sinofibers Technology 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: 3.74x
- 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 44.81x to 3.74x 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¥0.83 | CN¥37.04 | x |
| 2014-12-31 | CN¥0.94 | CN¥37.04 | x |
| 2015-12-31 | CN¥1.29 | CN¥37.04 | x |
| 2016-12-31 | CN¥1.15 | CN¥37.04 | x |
| 2017-12-31 | CN¥1.44 | CN¥37.04 | x |
| 2018-12-31 | CN¥1.73 | CN¥37.04 | x |
| 2019-12-31 | CN¥2.45 | CN¥37.04 | x |
| 2020-12-31 | CN¥2.96 | CN¥37.04 | x |
| 2021-12-31 | CN¥3.36 | CN¥37.04 | x |
| 2022-12-31 | CN¥8.95 | CN¥37.04 | x |
| 2023-12-31 | CN¥9.31 | CN¥37.04 | x |
| 2024-12-31 | CN¥9.91 | CN¥37.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sinofibers Technology 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): 8.18%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 43.83%
- • Asset Turnover: 0.18x
- • Equity Multiplier: 1.07x
- Recent ROE (8.18%) is below the historical average (12.46%), 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 | -3.63% | -32.13% | 0.08x | 1.46x | CN¥-25.45 Million |
| 2014 | 6.37% | 21.08% | 0.23x | 1.30x | CN¥-7.23 Million |
| 2015 | 13.21% | 34.35% | 0.30x | 1.28x | CN¥11.38 Million |
| 2016 | 13.90% | 37.79% | 0.28x | 1.30x | CN¥15.96 Million |
| 2017 | 21.56% | 65.30% | 0.24x | 1.40x | CN¥59.19 Million |
| 2018 | 19.05% | 56.68% | 0.23x | 1.49x | CN¥57.24 Million |
| 2019 | 13.94% | 58.26% | 0.19x | 1.23x | CN¥38.61 Million |
| 2020 | 19.61% | 59.65% | 0.29x | 1.15x | CN¥113.88 Million |
| 2021 | 14.97% | 48.88% | 0.27x | 1.12x | CN¥66.85 Million |
| 2022 | 15.31% | 74.70% | 0.18x | 1.16x | CN¥206.54 Million |
| 2023 | 7.09% | 51.75% | 0.13x | 1.08x | CN¥-118.72 Million |
| 2024 | 8.18% | 43.83% | 0.18x | 1.07x | CN¥-79.41 Million |
Industry Comparison
This section compares Sinofibers Technology Co Ltd's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $3,753,590,140
- Average return on equity (ROE) among peers: 4.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sinofibers Technology Co Ltd (300777) | CN¥4.48 Billion | -3.63% | 0.10x | $2.38 Billion |
| North Huajin Chemical Industries Co Ltd (000059) | $1.75 Billion | 1.31% | 0.67x | $1.33 Billion |
| Sichuan Chemical Co Ltd (000155) | $1.94 Billion | 4.27% | 0.66x | $4.71 Billion |
| Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) | $22.55 Billion | 3.40% | 1.79x | $12.84 Billion |
| Zangge Holding Co Ltd (000408) | $5.99 Billion | 15.23% | 0.23x | $20.51 Billion |
| Sichuan Jinlu Group Co Ltd (000510) | $1.33 Billion | -13.31% | 0.95x | $1.34 Billion |
| Jilin Gpro Titanium Industry Co Ltd (000545) | $-43.13 Million | 0.00% | 0.00x | $436.10 Million |
| Aoyuan Beauty Valley Technology Co Ltd (000615) | $1.96 Billion | 5.59% | 2.49x | $871.02 Million |
| Ningxia Younglight Chemicals Co Ltd (000635) | $607.74 Million | 6.51% | 4.22x | $470.62 Million |
| Maoming Petro-Chemical Shihua Co Ltd (000637) | $702.67 Million | 17.21% | 0.08x | $366.68 Million |
| Inner Mongolia Yuan Xing Energy Co Ltd (000683) | $757.37 Million | 0.29% | 1.64x | $4.87 Billion |
About Sinofibers Technology Co Ltd
Sinofibers Technology Co.,Ltd. engages in the research and development, production, and sale of carbon fibers and fabrics in China. Its products are used in various fields, including aviation, aerospace, national defense, and civil industries. The company was incorporated in 2008 and is based in Changzhou, China.