Shengtak New Material Co Ltd Net Assets
Shengtak New Material Co Ltd net assets. Based on the latest financial reports, Shengtak New Material Co Ltd (300881) has net assets worth CN¥1.34 Billion CNY (≈ $195.55 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¥3.27 Billion ≈ $478.96 Million USD) and total liabilities (CN¥1.94 Billion ≈ $283.41 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 300881 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¥1.34 Billion |
| % of Total Assets | 40.83% |
| Annual Growth Rate | 16.94% |
| 5-Year Change | 66.59% |
| 10-Year Change | 510.37% |
| Growth Volatility | 22.13 |
Net Assets of Shengtak New Material Co Ltd (2007–2025)
Net assets of Shengtak New Material Co Ltd from 2007 to 2025. This chart illustrates how Shengtak New Material Co Ltd's net assets have evolved over time, based on quarterly financial data. See net asset quality index of Shengtak New Material Co Ltd to measure how much of total assets are equity-financed.
Annual Net Assets for Shengtak New Material Co Ltd (2007–2025)
The table below shows the annual net assets of Shengtak New Material Co Ltd from 2007 to 2025. For live market cap and overall valuation, see 300881 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.29 Billion ≈ $189.19 Million |
+11.70% |
| 2024-12-31 | CN¥1.16 Billion ≈ $169.37 Million |
+8.61% |
| 2023-12-31 | CN¥1.07 Billion ≈ $155.94 Million |
+27.02% |
| 2022-12-31 | CN¥839.02 Million ≈ $122.78 Million |
+8.11% |
| 2021-12-31 | CN¥776.09 Million ≈ $113.57 Million |
+5.33% |
| 2020-12-31 | CN¥736.82 Million ≈ $107.82 Million |
+97.83% |
| 2019-12-31 | CN¥372.45 Million ≈ $54.50 Million |
+23.00% |
| 2018-12-31 | CN¥302.80 Million ≈ $44.31 Million |
+25.25% |
| 2017-12-31 | CN¥241.75 Million ≈ $35.38 Million |
+14.13% |
| 2016-12-31 | CN¥211.82 Million ≈ $31.00 Million |
-11.58% |
| 2014-12-31 | CN¥239.57 Million ≈ $35.06 Million |
+13.23% |
| 2013-12-31 | CN¥211.57 Million ≈ $30.96 Million |
+12.73% |
| 2012-12-31 | CN¥187.69 Million ≈ $27.46 Million |
+9.07% |
| 2011-12-31 | CN¥172.08 Million ≈ $25.18 Million |
+27.11% |
| 2010-12-31 | CN¥135.38 Million ≈ $19.81 Million |
+6.47% |
| 2009-12-31 | CN¥127.15 Million ≈ $18.61 Million |
+26.18% |
| 2008-12-31 | CN¥100.77 Million ≈ $14.75 Million |
+30.36% |
| 2007-12-31 | CN¥77.30 Million ≈ $11.31 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Shengtak New Material 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 1204.2% over the analyzed period, indicating profitable operations and earnings retention.
Shengtak New Material Co Ltd Net Assets Breakdown (December 2025)
Shengtak New Material Co Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥626.65 Million | 52.55% |
| Other Components | CN¥565.93 Million | 47.45% |
| Total Equity | CN¥1.19 Billion | 100.00% |
Shengtak New Material Co Ltd Competitors by Market Cap
The table below lists competitors of Shengtak New Material Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Samse SA
PA:SAMS
|
$398.15 Million |
|
Zhejiang Shouxiangu Pharm Co
SHG:603896
|
$398.30 Million |
|
Aspen Aerogels Inc
NYSE:ASPN
|
$398.35 Million |
|
Sinopec Oilfield Service Corporation
F:YIZH
|
$398.47 Million |
|
Yulon Nissan Motor Co Ltd
TW:2227
|
$397.91 Million |
|
DukSan Neolux Co.Ltd
KQ:213420
|
$397.84 Million |
|
First Copper Technology Co Ltd
TW:2009
|
$397.69 Million |
|
First Carolina Financial Services, Inc.
NYSE:FCBM
|
$397.68 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shengtak New Material Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,052,904,609 to 1,192,581,020, a change of 139,676,411 (13.3%).
- Net income of 248,039,374 contributed positively to equity growth.
- Dividend payments of 130,219,258 reduced retained earnings.
- Other comprehensive income decreased equity by 63,436,938.
- Other factors increased equity by 85,293,234.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥248.04 Million | +20.8% |
| Dividends Paid | CN¥130.22 Million | -10.92% |
| Other Comprehensive Income | CN¥-63.44 Million | -5.32% |
| Other Changes | CN¥85.29 Million | +7.15% |
| Total Change | CN¥- | 13.27% |
Book Value vs Market Value Analysis
This analysis compares Shengtak New Material 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: 2.28x
- 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 3.20x to 2.28x 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¥7.73 | CN¥24.73 | x |
| 2017-12-31 | CN¥5.82 | CN¥24.73 | x |
| 2018-12-31 | CN¥3.69 | CN¥24.73 | x |
| 2019-12-31 | CN¥4.51 | CN¥24.73 | x |
| 2020-12-31 | CN¥8.10 | CN¥24.73 | x |
| 2021-12-31 | CN¥7.01 | CN¥24.73 | x |
| 2022-12-31 | CN¥7.63 | CN¥24.73 | x |
| 2023-12-31 | CN¥8.40 | CN¥24.73 | x |
| 2024-12-31 | CN¥9.61 | CN¥24.73 | x |
| 2025-12-31 | CN¥10.84 | CN¥24.73 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shengtak New Material 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): 20.80%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.88%
- • Asset Turnover: 0.93x
- • Equity Multiplier: 2.85x
- Recent ROE (20.80%) is above the historical average (16.17%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 24.37% | 9.63% | 1.08x | 2.35x | CN¥11.11 Million |
| 2008 | 23.29% | 3.27% | 2.61x | 2.73x | CN¥13.39 Million |
| 2009 | 20.75% | 4.20% | 1.53x | 3.22x | CN¥13.66 Million |
| 2010 | 24.67% | 7.13% | 1.09x | 3.16x | CN¥19.86 Million |
| 2011 | 21.33% | 5.89% | 1.05x | 3.44x | CN¥19.49 Million |
| 2012 | 8.32% | 2.96% | 0.96x | 2.93x | CN¥-3.16 Million |
| 2013 | 11.29% | 3.97% | 0.95x | 2.98x | CN¥2.73 Million |
| 2014 | 11.69% | 4.40% | 0.99x | 2.69x | CN¥4.04 Million |
| 2016 | 20.22% | 7.49% | 0.93x | 2.90x | CN¥21.65 Million |
| 2017 | 8.28% | 2.63% | 1.12x | 2.82x | CN¥-4.16 Million |
| 2018 | 20.21% | 7.01% | 1.10x | 2.63x | CN¥30.93 Million |
| 2019 | 18.76% | 7.73% | 0.97x | 2.51x | CN¥32.64 Million |
| 2020 | 7.07% | 5.91% | 0.76x | 1.56x | CN¥-21.58 Million |
| 2021 | 6.74% | 4.66% | 0.75x | 1.94x | CN¥-25.26 Million |
| 2022 | 8.75% | 6.09% | 0.76x | 1.90x | CN¥-10.45 Million |
| 2023 | 13.04% | 6.08% | 0.70x | 3.07x | CN¥28.12 Million |
| 2024 | 21.45% | 8.48% | 0.86x | 2.95x | CN¥120.51 Million |
| 2025 | 20.80% | 7.88% | 0.93x | 2.85x | CN¥128.78 Million |
Industry Comparison
This section compares Shengtak New Material Co Ltd's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $13,977,556,822
- Average return on equity (ROE) among peers: 4.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shengtak New Material Co Ltd (300881) | CN¥1.34 Billion | 24.37% | 1.45x | $398.07 Million |
| CITIC Pacific Special Steel Group Co Ltd (000708) | $772.58 Million | -5.53% | 3.23x | $9.23 Billion |
| HBIS Co Ltd (000709) | $44.79 Billion | 0.26% | 2.73x | $3.03 Billion |
| Sgis Songshan Co Ltd (000717) | $2.28 Billion | 9.87% | 0.31x | $716.46 Million |
| Bengang Steel Plates Co Ltd (000761) | $14.85 Billion | 10.78% | 3.24x | $1.19 Billion |
| Xinxing Ductile Iron Pipes Co Ltd (000778) | $27.59 Billion | 6.07% | 1.03x | $2.04 Billion |
| Shanxi Taigang Stainless Steel Co Ltd (000825) | $30.82 Billion | 16.15% | 1.33x | $2.75 Billion |
| Jiangsu Fasten Co Ltd (000890) | $654.28 Million | -22.20% | 10.49x | $340.70 Million |
| Angang Steel Co Ltd Class A (000898) | $7.20 Billion | 5.61% | 0.42x | $2.29 Billion |
| Hunan Valin Steel Co Ltd (000932) | $2.77 Billion | 11.22% | 0.71x | $3.49 Billion |
| Beijing Shougang Co Ltd (000959) | $8.03 Billion | 7.94% | 1.27x | $3.48 Billion |
About Shengtak New Material Co Ltd
Shengtak New Material Co., Ltd engages in the research and development, production, and sale of seamless steel pipes for use in industrial energy equipment in China and internationally. The company offers cold rolled precision steel, cold-drawn low-carbon, fluid transportation, integrated spiral finned, rifled, seamless steel, shaped, and stainless-steel tubes, as well as stainless steel-carbon s… Read more