Hangzhou Yitong New Material Co. LTD (300930) - Net Assets
Based on the latest financial reports, Hangzhou Yitong New Material Co. LTD (300930) has net assets worth CN¥916.85 Million CNY (≈ $134.16 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¥1.56 Billion ≈ $228.51 Million USD) and total liabilities (CN¥644.74 Million ≈ $94.35 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 300930 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥916.85 Million |
| % of Total Assets | 58.71% |
| Annual Growth Rate | 24.94% |
| 5-Year Change | 150.6% |
| 10-Year Change | N/A |
| Growth Volatility | 30.25 |
Hangzhou Yitong New Material Co. LTD - Net Assets Trend (2016–2024)
This chart illustrates how Hangzhou Yitong New Material Co. LTD's net assets have evolved over time, based on quarterly financial data. Also explore 300930 total asset value for the complete picture of this company's asset base.
Annual Net Assets for Hangzhou Yitong New Material Co. LTD (2016–2024)
The table below shows the annual net assets of Hangzhou Yitong New Material Co. LTD from 2016 to 2024. For live valuation and market cap data, see 300930 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥881.39 Million ≈ $128.98 Million |
+4.87% |
| 2023-12-31 | CN¥840.45 Million ≈ $122.98 Million |
+5.06% |
| 2022-12-31 | CN¥799.99 Million ≈ $117.06 Million |
+11.35% |
| 2021-12-31 | CN¥718.42 Million ≈ $105.13 Million |
+104.26% |
| 2020-12-31 | CN¥351.72 Million ≈ $51.47 Million |
+22.12% |
| 2019-12-31 | CN¥288.01 Million ≈ $42.14 Million |
+25.82% |
| 2018-12-31 | CN¥228.91 Million ≈ $33.50 Million |
+17.27% |
| 2017-12-31 | CN¥195.19 Million ≈ $28.56 Million |
+31.51% |
| 2016-12-31 | CN¥148.42 Million ≈ $21.72 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Hangzhou Yitong 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 216.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥343.43 Million | 38.96% |
| Common Stock | CN¥100.00 Million | 11.35% |
| Other Comprehensive Income | CN¥43.00 Million | 4.88% |
| Other Components | CN¥394.96 Million | 44.81% |
| Total Equity | CN¥881.39 Million | 100.00% |
Hangzhou Yitong New Material Co. LTD Competitors by Market Cap
The table below lists competitors of Hangzhou Yitong New Material Co. LTD ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
WONIK Materials Co.Ltd
KQ:104830
|
$460.54 Million |
|
Anzheng Fashion
SHG:603839
|
$460.55 Million |
|
Panoro Energy ASA
OL:PEN
|
$460.62 Million |
|
Guangzhou Devotion Therm Tech
SHE:300335
|
$460.69 Million |
|
Guangzhou Baiyunshan Pharmaceutical Holdings Company Limited
F:GU5
|
$460.18 Million |
|
Larvotto Resources Ltd
AU:LRV
|
$460.16 Million |
|
Funeng Oriental Equipment Technology Co Ltd
SHE:300173
|
$460.16 Million |
|
Weltrend Semiconductor Inc
TW:2436
|
$460.16 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hangzhou Yitong New Material Co. LTD's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 840,454,880 to 881,390,287, a change of 40,935,407 (4.9%).
- Net income of 50,946,289 contributed positively to equity growth.
- Dividend payments of 12,898,833 reduced retained earnings.
- Other comprehensive income increased equity by 42,907,051.
- Other factors decreased equity by 40,019,100.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥50.95 Million | +5.78% |
| Dividends Paid | CN¥12.90 Million | -1.46% |
| Other Comprehensive Income | CN¥42.91 Million | +4.87% |
| Other Changes | CN¥-40.02 Million | -4.54% |
| Total Change | CN¥- | 4.87% |
Book Value vs Market Value Analysis
This analysis compares Hangzhou Yitong 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: 3.56x
- 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 21.19x to 3.56x 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¥1.48 | CN¥31.45 | x |
| 2017-12-31 | CN¥1.95 | CN¥31.45 | x |
| 2018-12-31 | CN¥3.05 | CN¥31.45 | x |
| 2019-12-31 | CN¥3.85 | CN¥31.45 | x |
| 2020-12-31 | CN¥4.69 | CN¥31.45 | x |
| 2021-12-31 | CN¥7.32 | CN¥31.45 | x |
| 2022-12-31 | CN¥8.04 | CN¥31.45 | x |
| 2023-12-31 | CN¥8.49 | CN¥31.45 | x |
| 2024-12-31 | CN¥8.82 | CN¥31.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hangzhou Yitong 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): 5.78%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.14%
- • Asset Turnover: 0.40x
- • Equity Multiplier: 1.44x
- Recent ROE (5.78%) is below the historical average (14.63%), 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 | 13.57% | 15.34% | 0.77x | 1.16x | CN¥5.31 Million |
| 2017 | 23.96% | 18.39% | 1.04x | 1.26x | CN¥27.25 Million |
| 2018 | 18.92% | 14.00% | 0.97x | 1.40x | CN¥20.41 Million |
| 2019 | 20.52% | 19.34% | 0.80x | 1.32x | CN¥30.30 Million |
| 2020 | 18.11% | 18.77% | 0.85x | 1.13x | CN¥28.52 Million |
| 2021 | 13.39% | 18.43% | 0.67x | 1.08x | CN¥24.36 Million |
| 2022 | 11.45% | 23.66% | 0.46x | 1.06x | CN¥11.56 Million |
| 2023 | 6.01% | 12.84% | 0.41x | 1.13x | CN¥-33.54 Million |
| 2024 | 5.78% | 10.14% | 0.40x | 1.44x | CN¥-37.19 Million |
Industry Comparison
This section compares Hangzhou Yitong New Material Co. LTD's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $4,257,140,590
- Average return on equity (ROE) among peers: 5.88%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hangzhou Yitong New Material Co. LTD (300930) | CN¥916.85 Million | 13.57% | 0.70x | $460.21 Million |
| Shenzhen Zhongjin Lingnan Nonfemet Co Ltd (000060) | $17.59 Billion | 6.15% | 1.61x | $4.18 Billion |
| Inner Mongolia Xingye Mining Co Ltd (000426) | $172.15 Million | 11.73% | 0.40x | $11.01 Billion |
| Shengda Mining Co Ltd (000603) | $76.32 Million | 1.03% | 1.16x | $3.68 Billion |
| Pangang Group Vanadium Titanium & Resources Co Ltd (000629) | $8.87 Billion | 10.35% | 1.29x | $4.95 Billion |
| China Tungsten and Hightech Materials Co Ltd (000657) | $3.87 Billion | 3.20% | 0.89x | $19.40 Billion |
| Guocheng Mining Co Ltd (000688) | $396.34 Million | 8.29% | 0.88x | $8.93 Billion |
| Huludao Zinc Industry Co Ltd (000751) | $1.92 Billion | 4.60% | 0.74x | $1.44 Billion |
| China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd (000758) | $6.32 Billion | 4.20% | 2.02x | $2.04 Billion |
| Tibet Mineral Development Co Ltd (000762) | $837.78 Million | 3.89% | 0.46x | $2.95 Billion |
| Innuovo Technology Co Ltd Class A (000795) | $2.52 Billion | 5.36% | 0.77x | $1.53 Billion |
About Hangzhou Yitong New Material Co. LTD
Hangzhou Yitong New Material Co., LTD manufactures iron-based powder products in China. The company offers water-atomized iron, phosphorus-containing alloy steel, Mo-containing pre-alloyed steel, free-cutting steel, stainless steel, sinter-hardening steel, diffusion non-alloy steel, Ni-Mo low-alloy steel, water-atomized pure iron, and ultrafine iron powders, as well as non-segregation mixed powde… Read more