Zhejiang Runyang New Material Technology Co. Ltd.
Zhejiang Runyang New Material Technology Co., Ltd. engages in the research and development, production, and sale of polyolefin foam materials in China and internationally. It offers electron irradiation cross-linked polyethylene (IXPE), including antibacterial enhanced series, popular series, and special series. The company's IXPE products are used as high-performance basic materials; and other p… Read more
Zhejiang Runyang New Material Technology Co. Ltd. (300920) - Net Assets
Latest net assets as of September 2025: CN¥1.19 Billion CNY
Based on the latest financial reports, Zhejiang Runyang New Material Technology Co. Ltd. (300920) has net assets worth CN¥1.19 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¥1.59 Billion) and total liabilities (CN¥402.34 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¥1.19 Billion |
| % of Total Assets | 74.66% |
| Annual Growth Rate | 49.91% |
| 5-Year Change | 4.99% |
| 10-Year Change | 6387.63% |
| Growth Volatility | 82.25 |
Zhejiang Runyang New Material Technology Co. Ltd. - Net Assets Trend (2013–2024)
This chart illustrates how Zhejiang Runyang New Material Technology Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Zhejiang Runyang New Material Technology Co. Ltd. (2013–2024)
The table below shows the annual net assets of Zhejiang Runyang New Material Technology Co. Ltd. from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.18 Billion | -0.28% |
| 2023-12-31 | CN¥1.18 Billion | +4.41% |
| 2022-12-31 | CN¥1.13 Billion | -3.55% |
| 2021-12-31 | CN¥1.18 Billion | +4.55% |
| 2020-12-31 | CN¥1.12 Billion | +191.00% |
| 2019-12-31 | CN¥386.42 Million | +42.68% |
| 2018-12-31 | CN¥270.82 Million | +213.37% |
| 2017-12-31 | CN¥86.42 Million | +185.12% |
| 2016-12-31 | CN¥30.31 Million | +66.56% |
| 2015-12-31 | CN¥18.20 Million | +34.72% |
| 2014-12-31 | CN¥13.51 Million | -1.67% |
| 2013-12-31 | CN¥13.74 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Zhejiang Runyang New Material 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 36228106977.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥362.22 Million | 30.87% |
| Common Stock | CN¥100.00 Million | 8.52% |
| Other Components | CN¥711.32 Million | 60.61% |
| Total Equity | CN¥1.17 Billion | 100.00% |
Zhejiang Runyang New Material Technology Co. Ltd. Competitors by Market Cap
The table below lists competitors of Zhejiang Runyang New Material Technology Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
INOX India Limited
NSE:INOXINDIA
|
$243.96 Million |
|
W&T Offshore Inc
NYSE:WTI
|
$243.99 Million |
|
Gallant Micro Machining Co Ltd
TWO:6640
|
$244.02 Million |
|
Sopharma AD
WAR:SPH
|
$244.08 Million |
|
NHN KCP Corp
KQ:060250
|
$243.94 Million |
|
NIIT LEARNING SYSTEMS LTD
NSE:NIITMTS
|
$243.88 Million |
|
Circassia Group Plc
OTCGREY:CSSPF
|
$243.88 Million |
|
Manorama Industries Limited
NSE:MANORAMA
|
$243.87 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Zhejiang Runyang New Material Technology Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,168,456,766 to 1,173,535,925, a change of 5,079,159 (0.4%).
- Net income of 25,438,507 contributed positively to equity growth.
- Dividend payments of 21,507,277 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥25.44 Million | +2.17% |
| Dividends Paid | CN¥21.51 Million | -1.83% |
| Other Changes | CN¥1.15 Million | +0.1% |
| Total Change | CN¥- | 0.43% |
Book Value vs Market Value Analysis
This analysis compares Zhejiang Runyang New Material 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: 3.38x
- 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 33.02x to 3.38x 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¥1.20 | CN¥39.66 | x |
| 2014-12-31 | CN¥1.18 | CN¥39.66 | x |
| 2015-12-31 | CN¥1.29 | CN¥39.66 | x |
| 2016-12-31 | CN¥1.50 | CN¥39.66 | x |
| 2017-12-31 | CN¥1.53 | CN¥39.66 | x |
| 2018-12-31 | CN¥3.82 | CN¥39.66 | x |
| 2019-12-31 | CN¥3.86 | CN¥39.66 | x |
| 2020-12-31 | CN¥11.24 | CN¥39.66 | x |
| 2021-12-31 | CN¥11.76 | CN¥39.66 | x |
| 2022-12-31 | CN¥11.34 | CN¥39.66 | x |
| 2023-12-31 | CN¥11.67 | CN¥39.66 | x |
| 2024-12-31 | CN¥11.74 | CN¥39.66 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Zhejiang Runyang New Material 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): 2.17%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.26%
- • Asset Turnover: 0.30x
- • Equity Multiplier: 1.14x
- Recent ROE (2.17%) is below the historical average (13.06%), 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 | 0.17% | 0.15% | 0.59x | 1.92x | CN¥-1.35 Million |
| 2014 | -1.69% | -1.04% | 0.77x | 2.13x | CN¥-1.58 Million |
| 2015 | 9.29% | 5.53% | 0.83x | 2.03x | CN¥-129.33K |
| 2016 | 33.60% | 17.78% | 1.02x | 1.86x | CN¥7.15 Million |
| 2017 | 25.52% | 12.76% | 1.39x | 1.44x | CN¥13.06 Million |
| 2018 | 32.21% | 26.86% | 0.97x | 1.24x | CN¥60.15 Million |
| 2019 | 29.98% | 31.74% | 0.75x | 1.25x | CN¥77.19 Million |
| 2020 | 11.29% | 29.24% | 0.34x | 1.15x | CN¥14.50 Million |
| 2021 | 7.66% | 17.96% | 0.36x | 1.20x | CN¥-27.49 Million |
| 2022 | 2.95% | 8.59% | 0.29x | 1.20x | CN¥-79.93 Million |
| 2023 | 3.60% | 11.71% | 0.27x | 1.13x | CN¥-74.79 Million |
| 2024 | 2.17% | 6.26% | 0.30x | 1.14x | CN¥-91.92 Million |
Industry Comparison
This section compares Zhejiang Runyang New Material Technology Co. Ltd.'s net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $2,626,916,213
- Average return on equity (ROE) among peers: 12.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Zhejiang Runyang New Material Technology Co. Ltd. (300920) | CN¥1.19 Billion | 0.17% | 0.34x | $243.96 Million |
| North Huajin Chemical Industries Co Ltd (000059) | $6.22 Billion | 3.15% | 2.45x | $677.73 Million |
| Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) | $1.22 Billion | 8.90% | 0.47x | $2.89 Billion |
| Zangge Holding Co Ltd (000408) | $13.85 Billion | 18.63% | 0.09x | $11.87 Billion |
| Sichuan Jinlu Group Co Ltd (000510) | $31.03 Million | 11.65% | 3.42x | $1.15 Billion |
| Jilin Gpro Titanium Industry Co Ltd (000545) | $258.76 Million | 6.78% | 0.30x | $423.89 Million |
| Aoyuan Beauty Valley Technology Co Ltd (000615) | $54.68 Million | 39.27% | 1.16x | $225.85 Million |
| Ningxia Younglight Chemicals Co Ltd (000635) | $184.46 Million | 13.30% | 2.58x | $295.21 Million |
| Maoming Petro-Chemical Shihua Co Ltd (000637) | $691.87 Million | 1.61% | 0.02x | $187.22 Million |
| Shenyang Chemical Industry Co Ltd (000698) | $3.01 Billion | 7.14% | 1.28x | $240.44 Million |
| Hubei Shuanghuan Science and Technology Stock Co Ltd (000707) | $759.12 Million | 13.65% | 0.22x | $412.94 Million |