Wankai New Materials Co. Ltd. (301216) - Net Assets
Based on the latest financial reports, Wankai New Materials Co. Ltd. (301216) has net assets worth CN¥6.68 Billion CNY (≈ $977.09 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¥19.42 Billion ≈ $2.84 Billion USD) and total liabilities (CN¥12.74 Billion ≈ $1.86 Billion 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 how tangible is Wankai New Materials Co. Ltd.'s equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥6.68 Billion |
| % of Total Assets | 34.39% |
| Annual Growth Rate | 31.36% |
| 5-Year Change | 249.52% |
| 10-Year Change | N/A |
| Growth Volatility | 78.08 |
Wankai New Materials Co. Ltd. - Net Assets Trend (2019–2025)
This chart illustrates how Wankai New Materials Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. See how many days can Wankai New Materials Co. Ltd. fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Wankai New Materials Co. Ltd. (2019–2025)
The table below shows the annual net assets of Wankai New Materials Co. Ltd. from 2019 to 2025. For live valuation and market cap data, see market value of Wankai New Materials Co. Ltd..
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥6.26 Billion ≈ $915.62 Million |
+17.24% |
| 2024-12-31 | CN¥5.34 Billion ≈ $781.00 Million |
-6.50% |
| 2023-12-31 | CN¥5.71 Billion ≈ $835.26 Million |
+0.35% |
| 2022-12-31 | CN¥5.69 Billion ≈ $832.38 Million |
+217.74% |
| 2021-12-31 | CN¥1.79 Billion ≈ $261.97 Million |
+32.84% |
| 2020-12-31 | CN¥1.35 Billion ≈ $197.20 Million |
+10.70% |
| 2019-12-31 | CN¥1.22 Billion ≈ $178.14 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Wankai New Materials 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 211.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.36 Billion | 22.00% |
| Other Components | CN¥4.82 Billion | 78.00% |
| Total Equity | CN¥6.18 Billion | 100.00% |
Wankai New Materials Co. Ltd. Competitors by Market Cap
The table below lists competitors of Wankai New Materials Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zhejiang Semir Garment Co Ltd
SHE:002563
|
$2.07 Billion |
|
Capri Holdings Ltd
NYSE:CPRI
|
$2.07 Billion |
|
Sichuan Swellfun Co Ltd
SHG:600779
|
$2.07 Billion |
|
Shanxi Zhangze Electric Power Co Ltd
SHE:000767
|
$2.07 Billion |
|
Netac Tech
SHE:300042
|
$2.06 Billion |
|
Yunnan Botanee Bio-Technology Group Co Ltd
SHE:300957
|
$2.06 Billion |
|
Northwest Natural Gas Co
NYSE:NWN
|
$2.06 Billion |
|
Turpaz Industries Ltd
TA:TRPZ
|
$2.06 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wankai New Materials Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,338,979,320 to 6,177,528,680, a change of 838,549,360 (15.7%).
- Net income of 169,104,730 contributed positively to equity growth.
- Dividend payments of 187,206,656 reduced retained earnings.
- Other factors increased equity by 856,651,286.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥169.10 Million | +2.74% |
| Dividends Paid | CN¥187.21 Million | -3.03% |
| Other Changes | CN¥856.65 Million | +13.87% |
| Total Change | CN¥- | 15.71% |
Book Value vs Market Value Analysis
This analysis compares Wankai New Materials 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: 2.29x
- 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 5.15x to 2.29x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | CN¥4.73 | CN¥24.33 | x |
| 2020-12-31 | CN¥3.49 | CN¥24.33 | x |
| 2021-12-31 | CN¥4.63 | CN¥24.33 | x |
| 2022-12-31 | CN¥11.04 | CN¥24.33 | x |
| 2023-12-31 | CN¥11.08 | CN¥24.33 | x |
| 2024-12-31 | CN¥10.37 | CN¥24.33 | x |
| 2025-12-31 | CN¥10.65 | CN¥24.33 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wankai New Materials 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): 2.74%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.09%
- • Asset Turnover: 0.88x
- • Equity Multiplier: 2.85x
- Recent ROE (2.74%) 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 |
|---|---|---|---|---|---|
| 2019 | 30.16% | 3.79% | 2.07x | 3.84x | CN¥245.41 Million |
| 2020 | 15.03% | 2.18% | 1.92x | 3.59x | CN¥67.80 Million |
| 2021 | 24.68% | 4.61% | 1.37x | 3.91x | CN¥262.88 Million |
| 2022 | 16.79% | 4.93% | 1.61x | 2.12x | CN¥386.03 Million |
| 2023 | 7.65% | 2.49% | 1.37x | 2.24x | CN¥-134.26 Million |
| 2024 | -5.62% | -1.74% | 0.97x | 3.33x | CN¥-833.87 Million |
| 2025 | 2.74% | 1.09% | 0.88x | 2.85x | CN¥-448.65 Million |
Industry Comparison
This section compares Wankai New Materials Co. Ltd.'s net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $6,166,812,577
- Average return on equity (ROE) among peers: 6.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wankai New Materials Co. Ltd. (301216) | CN¥6.68 Billion | 30.16% | 1.91x | $2.07 Billion |
| Chongqing Sanxia Paints Co Ltd (000565) | $1.30 Billion | 0.62% | 0.29x | $390.84 Million |
| Hengyi Petrochemical Co Ltd (000703) | $32.94 Billion | 10.26% | 2.20x | $6.57 Billion |
| Guangdong Xinhui Meida Nylon Co Ltd (000782) | $552.98 Million | 12.21% | 1.11x | $737.44 Million |
| Luxi Chemical Group Co Ltd (000830) | $5.61 Billion | 5.45% | 2.19x | $3.51 Billion |
| China Minmetals Rare Earth Co Ltd (000831) | $1.07 Billion | 6.09% | 3.18x | $9.61 Billion |
| Anhui Guofeng Plastic Industry Co Ltd (000859) | $1.39 Billion | 0.45% | 0.38x | $1.50 Billion |
| Cofco Biochemical Anhui Co Ltd (000930) | $1.51 Billion | 7.32% | 1.02x | $1.27 Billion |
| Shandong Link Science and Technology Co Ltd (001207) | $1.32 Billion | 12.34% | 0.44x | $751.43 Million |
| Zhejiang Transfar Co Ltd (002010) | $13.62 Billion | 6.01% | 1.21x | $1.98 Billion |
| Poly Union Chemical Holding Group Co Ltd (002037) | $2.36 Billion | 2.62% | 2.10x | $468.74 Million |
About Wankai New Materials Co. Ltd.
Wankai New Materials Co., Ltd. engages in the research, development, production, and sale of polyethylene terephthalate (PET) materials in China and internationally. The company offers bottle-grade PET chips used in the production of bottle packaging containers, such as water bottles, beverage bottles, edible oil bottles, and cosmetic bottles, etc. It also provides non-bottle-grade PET chips, inc… Read more