Poly Plastic Masterbatch Suzhou Co
Poly Plastic Masterbatch (SuZhou) Co.,Ltd engages in the research and development, production, and sale of chemical fiber solution colorings and advanced functional modified materials in China and internationally. It offers chemical fibers, plastic products, and film masterbatches, as well as inks and color pastes for chemical fiber, automotive, E/E, optical material, and other materials. The com… Read more
Poly Plastic Masterbatch Suzhou Co (300905) - Net Assets
Latest net assets as of September 2025: CN¥1.96 Billion CNY
Based on the latest financial reports, Poly Plastic Masterbatch Suzhou Co (300905) has net assets worth CN¥1.96 Billion 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¥2.24 Billion) and total liabilities (CN¥285.28 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¥1.96 Billion |
| % of Total Assets | 87.29% |
| Annual Growth Rate | 41.37% |
| 5-Year Change | 50.79% |
| 10-Year Change | N/A |
| Growth Volatility | 71.51 |
Poly Plastic Masterbatch Suzhou Co - Net Assets Trend (2016–2024)
This chart illustrates how Poly Plastic Masterbatch Suzhou 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 Poly Plastic Masterbatch Suzhou Co (2016–2024)
The table below shows the annual net assets of Poly Plastic Masterbatch Suzhou Co from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.89 Billion | +3.62% |
| 2023-12-31 | CN¥1.83 Billion | +40.90% |
| 2022-12-31 | CN¥1.30 Billion | +0.77% |
| 2021-12-31 | CN¥1.29 Billion | +2.49% |
| 2020-12-31 | CN¥1.25 Billion | +233.60% |
| 2019-12-31 | CN¥376.07 Million | +36.55% |
| 2018-12-31 | CN¥275.41 Million | +43.91% |
| 2017-12-31 | CN¥191.37 Million | +61.39% |
| 2016-12-31 | CN¥118.58 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Poly Plastic Masterbatch Suzhou 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 2161.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥304.78 Million | 16.33% |
| Common Stock | CN¥177.83 Million | 9.53% |
| Other Comprehensive Income | CN¥53.46 Million | 2.86% |
| Other Components | CN¥1.33 Billion | 71.27% |
| Total Equity | CN¥1.87 Billion | 100.00% |
Poly Plastic Masterbatch Suzhou Co Competitors by Market Cap
The table below lists competitors of Poly Plastic Masterbatch Suzhou Co ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
China Television Media Ltd
SHG:600088
|
$350.12 Million |
|
Voltalia S.A.
LSE:0QW7
|
$350.14 Million |
|
SoluM Co Ltd
KO:248070
|
$350.14 Million |
|
Taiwan Shin Kong Security Co Ltd
TW:9925
|
$350.16 Million |
|
Consolidated Communications Holdings Inc
F:C8C
|
$350.01 Million |
|
Sun Art Retail Group Limited
F:SRI
|
$349.97 Million |
|
Halo Microelectronics Co. Ltd. A
SHG:688173
|
$349.96 Million |
|
Gansu Dayu Water saving Group
SHE:300021
|
$349.89 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Poly Plastic Masterbatch Suzhou Co's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,808,055,494 to 1,866,142,560, a change of 58,087,066 (3.2%).
- Net income of 114,024,811 contributed positively to equity growth.
- Dividend payments of 88,427,157 reduced retained earnings.
- Other comprehensive income increased equity by 53,462,480.
- Other factors decreased equity by 20,973,068.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥114.02 Million | +6.11% |
| Dividends Paid | CN¥88.43 Million | -4.74% |
| Other Comprehensive Income | CN¥53.46 Million | +2.86% |
| Other Changes | CN¥-20.97 Million | -1.12% |
| Total Change | CN¥- | 3.21% |
Book Value vs Market Value Analysis
This analysis compares Poly Plastic Masterbatch Suzhou 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: 2.91x
- 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 26.55x to 2.91x 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¥1.20 | CN¥31.92 | x |
| 2017-12-31 | CN¥1.95 | CN¥31.92 | x |
| 2018-12-31 | CN¥2.62 | CN¥31.92 | x |
| 2019-12-31 | CN¥3.48 | CN¥31.92 | x |
| 2020-12-31 | CN¥11.06 | CN¥31.92 | x |
| 2021-12-31 | CN¥8.97 | CN¥31.92 | x |
| 2022-12-31 | CN¥8.99 | CN¥31.92 | x |
| 2023-12-31 | CN¥11.27 | CN¥31.92 | x |
| 2024-12-31 | CN¥10.98 | CN¥31.92 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Poly Plastic Masterbatch Suzhou 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): 6.11%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.37%
- • Asset Turnover: 0.64x
- • Equity Multiplier: 1.14x
- Recent ROE (6.11%) is below the historical average (16.19%), 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 | 46.17% | 12.37% | 1.82x | 2.05x | CN¥42.89 Million |
| 2017 | 18.21% | 7.06% | 1.75x | 1.48x | CN¥15.72 Million |
| 2018 | 22.93% | 10.23% | 1.72x | 1.30x | CN¥35.60 Million |
| 2019 | 26.77% | 14.14% | 1.59x | 1.19x | CN¥63.05 Million |
| 2020 | 8.32% | 15.55% | 0.50x | 1.08x | CN¥-21.07 Million |
| 2021 | 8.03% | 13.37% | 0.54x | 1.11x | CN¥-25.33 Million |
| 2022 | 3.67% | 5.92% | 0.55x | 1.12x | CN¥-80.84 Million |
| 2023 | 5.50% | 8.31% | 0.59x | 1.12x | CN¥-81.32 Million |
| 2024 | 6.11% | 8.37% | 0.64x | 1.14x | CN¥-72.59 Million |
Industry Comparison
This section compares Poly Plastic Masterbatch Suzhou Co's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $1,775,158,628
- Average return on equity (ROE) among peers: -19.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Poly Plastic Masterbatch Suzhou Co (300905) | CN¥1.96 Billion | 46.17% | 0.15x | $350.07 Million |
| Chongqing Sanxia Paints Co Ltd (000565) | $390.80 Million | 1.64% | 0.47x | $289.82 Million |
| Hengyi Petrochemical Co Ltd (000703) | $246.42 Million | -7.64% | 1.62x | $1.44 Billion |
| Guangdong Xinhui Meida Nylon Co Ltd (000782) | $472.56 Million | 10.49% | 1.13x | $361.89 Million |
| Luxi Chemical Group Co Ltd (000830) | $120.60 Million | 41.32% | 1.30x | $2.28 Billion |
| China Minmetals Rare Earth Co Ltd (000831) | $234.51 Million | -303.65% | 8.65x | $5.40 Billion |
| Anhui Guofeng Plastic Industry Co Ltd (000859) | $2.70 Billion | 10.47% | 0.21x | $884.45 Million |
| Cofco Biochemical Anhui Co Ltd (000930) | $11.76 Billion | 9.61% | 0.54x | $815.97 Million |
| Shandong Link Science and Technology Co Ltd (001207) | $441.43 Million | 14.99% | 1.14x | $330.19 Million |
| Zhejiang Bofay Elec Co Ltd (001255) | $742.80 Million | 1.78% | 0.61x | $169.49 Million |
| Guangdong Decro Film New (001378) | $647.89 Million | 29.53% | 0.22x | $241.78 Million |