Guangdong Modern High Tech Fiber Co
Guangdong Modern High-tech Fiber Co., Ltd engages in research, development, production, and sale of polypropylene (PP) yarn in China and internationally. Its products include modern PP BCF yarn, modern PP DTY, functional PP, PP FDY yarn, PP FDY yarn twisted, and PP profiled wires. Guangdong Modern High-Tech Fiber Co., Ltd. exports its products. Guangdong Modern High-tech Fiber Co., Ltd was founde… Read more
Guangdong Modern High Tech Fiber Co (300876) - Net Assets
Latest net assets as of September 2025: CN¥914.96 Million CNY
Based on the latest financial reports, Guangdong Modern High Tech Fiber Co (300876) has net assets worth CN¥914.96 Million 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¥1.78 Billion) and total liabilities (CN¥866.11 Million). 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¥914.96 Million |
| % of Total Assets | 51.37% |
| Annual Growth Rate | 35.45% |
| 5-Year Change | 15.91% |
| 10-Year Change | N/A |
| Growth Volatility | 68.29 |
Guangdong Modern High Tech Fiber Co - Net Assets Trend (2016–2024)
This chart illustrates how Guangdong Modern High Tech Fiber Co's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Guangdong Modern High Tech Fiber Co (2016–2024)
The table below shows the annual net assets of Guangdong Modern High Tech Fiber Co from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥878.78 Million | -9.32% |
| 2023-12-31 | CN¥969.10 Million | +8.85% |
| 2022-12-31 | CN¥890.33 Million | +10.17% |
| 2021-12-31 | CN¥808.12 Million | +6.59% |
| 2020-12-31 | CN¥758.14 Million | +207.80% |
| 2019-12-31 | CN¥246.31 Million | +15.36% |
| 2018-12-31 | CN¥213.51 Million | +37.96% |
| 2017-12-31 | CN¥154.76 Million | +99.48% |
| 2016-12-31 | CN¥77.58 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Guangdong Modern High Tech Fiber Co'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 185.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥156.40 Million | 19.55% |
| Common Stock | CN¥96.00 Million | 12.00% |
| Other Comprehensive Income | CN¥104.90 Million | 13.11% |
| Other Components | CN¥442.63 Million | 55.33% |
| Total Equity | CN¥799.93 Million | 100.00% |
Guangdong Modern High Tech Fiber Co Competitors by Market Cap
The table below lists competitors of Guangdong Modern High Tech Fiber Co ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Aeluma, Inc
NASDAQ:ALMU
|
$165.92 Million |
|
Addcn Technology Co Ltd
TWO:5287
|
$165.95 Million |
|
Guangdong AVCiT Tech Hldg Co
SHE:001229
|
$166.00 Million |
|
Greaves Cotton Limited
NSE:GREAVESCOT
|
$166.06 Million |
|
Loandepot Inc
NYSE:LDI
|
$165.80 Million |
|
Dazzle Fashion Co Ltd
SHG:603587
|
$165.73 Million |
|
Dexterra Group Inc
PINK:HZNOF
|
$165.71 Million |
|
Eurocell plc
PINK:ECELF
|
$165.67 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Guangdong Modern High Tech Fiber Co's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 896,150,063 to 799,929,045, a change of -96,221,018 (-10.7%).
- Net loss of 64,545,962 reduced equity.
- Dividend payments of 35,642,281 reduced retained earnings.
- Share repurchases of 11,998,985 reduced equity.
- Other comprehensive income increased equity by 104,896,631.
- Other factors decreased equity by 88,930,421.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-64.55 Million | -8.07% |
| Dividends Paid | CN¥35.64 Million | -4.46% |
| Share Repurchases | CN¥12.00 Million | -1.5% |
| Other Comprehensive Income | CN¥104.90 Million | +13.11% |
| Other Changes | CN¥-88.93 Million | -11.12% |
| Total Change | CN¥- | -10.74% |
Book Value vs Market Value Analysis
This analysis compares Guangdong Modern High Tech Fiber Co'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: 3.29x
- 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 25.35x to 3.29x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | CN¥1.08 | CN¥27.50 | x |
| 2017-12-31 | CN¥2.16 | CN¥27.50 | x |
| 2018-12-31 | CN¥2.98 | CN¥27.50 | x |
| 2019-12-31 | CN¥3.45 | CN¥27.50 | x |
| 2020-12-31 | CN¥7.90 | CN¥27.50 | x |
| 2021-12-31 | CN¥8.42 | CN¥27.50 | x |
| 2022-12-31 | CN¥9.27 | CN¥27.50 | x |
| 2023-12-31 | CN¥9.31 | CN¥27.50 | x |
| 2024-12-31 | CN¥8.37 | CN¥27.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Guangdong Modern High Tech Fiber Co 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): -8.07%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -13.11%
- • Asset Turnover: 0.30x
- • Equity Multiplier: 2.09x
- Recent ROE (-8.07%) is below the historical average (17.92%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 53.52% | 14.66% | 1.90x | 1.92x | CN¥33.77 Million |
| 2017 | 33.27% | 16.29% | 1.60x | 1.28x | CN¥36.02 Million |
| 2018 | 27.52% | 17.24% | 1.45x | 1.10x | CN¥37.40 Million |
| 2019 | 27.93% | 18.16% | 1.18x | 1.30x | CN¥44.17 Million |
| 2020 | 10.56% | 21.66% | 0.47x | 1.04x | CN¥4.26 Million |
| 2021 | 8.56% | 17.44% | 0.42x | 1.16x | CN¥-11.63 Million |
| 2022 | 5.58% | 12.59% | 0.32x | 1.39x | CN¥-39.38 Million |
| 2023 | 2.40% | 4.72% | 0.31x | 1.64x | CN¥-68.14 Million |
| 2024 | -8.07% | -13.11% | 0.30x | 2.09x | CN¥-144.54 Million |
Industry Comparison
This section compares Guangdong Modern High Tech Fiber Co's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $2,508,882,438
- Average return on equity (ROE) among peers: 8.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Guangdong Modern High Tech Fiber Co (300876) | CN¥914.96 Million | 53.52% | 0.95x | $165.81 Million |
| Shenzhen Textile Holdings Co Ltd (000045) | $0.00 | 0.00% | 0.00x | $445.23 Million |
| Shijiazhuang Changshan Textile Co Ltd (000158) | $2.43 Billion | 0.48% | 1.35x | $2.85 Billion |
| Jilin Chemical Fibre Co Ltd (000420) | $4.33 Billion | -2.11% | 1.43x | $1.26 Billion |
| Anhui Huamao Textile Co Ltd (000850) | $4.67 Billion | 2.23% | 0.69x | $327.11 Million |
| Xinxiang Chemical Fiber Co Ltd (000949) | $1.73 Billion | 1.75% | 1.49x | $1.19 Billion |
| Xinlong Holding Group Co Ltd (000955) | $150.00 Million | 20.59% | 2.22x | $285.47 Million |
| Jiiangsu Times Textile Technology Co.LTD (001234) | $378.81 Million | 21.65% | 0.42x | $107.66 Million |
| Anhui Guqi Down & Feather (001390) | $745.51 Million | 16.34% | 0.61x | $28.96K |
| Huafu Top Dyed Melange Yarn Co Ltd (002042) | $7.24 Billion | 9.36% | 1.21x | $575.93 Million |
| Sunvim Group Co Ltd (002083) | $3.42 Billion | 11.87% | 1.48x | $820.96 Million |