Jiangsu Ruitai New Energy Materials Co. Ltd. (301238) - Net Assets
Based on the latest financial reports, Jiangsu Ruitai New Energy Materials Co. Ltd. (301238) has net assets worth CN¥7.50 Billion CNY (≈ $1.10 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥9.46 Billion ≈ $1.38 Billion USD) and total liabilities (CN¥1.96 Billion ≈ $286.82 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 asset resilience ratio of Jiangsu Ruitai New Energy Materials Co. to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥7.50 Billion |
| % of Total Assets | 79.28% |
| Annual Growth Rate | 41.46% |
| 5-Year Change | 247.75% |
| 10-Year Change | N/A |
| Growth Volatility | 55.77 |
Jiangsu Ruitai New Energy Materials Co. Ltd. - Net Assets Trend (2019–2024)
This chart illustrates how Jiangsu Ruitai New Energy Materials Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. Also explore 301238 asset base for the complete picture of this company's asset base.
Annual Net Assets for Jiangsu Ruitai New Energy Materials Co. Ltd. (2019–2024)
The table below shows the annual net assets of Jiangsu Ruitai New Energy Materials Co. Ltd. from 2019 to 2024. For live valuation and market cap data, see 301238 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥7.44 Billion ≈ $1.09 Billion |
-0.70% |
| 2023-12-31 | CN¥7.49 Billion ≈ $1.10 Billion |
+6.77% |
| 2022-12-31 | CN¥7.02 Billion ≈ $1.03 Billion |
+152.64% |
| 2021-12-31 | CN¥2.78 Billion ≈ $406.39 Million |
+29.82% |
| 2020-12-31 | CN¥2.14 Billion ≈ $313.04 Million |
+63.01% |
| 2019-12-31 | CN¥1.31 Billion ≈ $192.04 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Jiangsu Ruitai New Energy 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 287.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.55 Billion | 35.74% |
| Other Components | CN¥4.58 Billion | 64.26% |
| Total Equity | CN¥7.13 Billion | 100.00% |
Jiangsu Ruitai New Energy Materials Co. Ltd. Competitors by Market Cap
The table below lists competitors of Jiangsu Ruitai New Energy Materials Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ISC Co. Ltd
KQ:095340
|
$2.39 Billion |
|
Bitdeer Technologies Group Class A Ordinary Shares
NASDAQ:BTDR
|
$2.39 Billion |
|
Hubei Zhongyi Science Technology Co. Ltd.
SHE:301150
|
$2.39 Billion |
|
Beijing Fuxing Xiaocheng Electronic Technology Co Ltd
SHE:300139
|
$2.39 Billion |
|
Netmarble Games Corp
KO:251270
|
$2.39 Billion |
|
Torunlar Gayrimenkul Yatirim Ortakligi AS
IS:TRGYO
|
$2.39 Billion |
|
NBT Bancorp Inc
NASDAQ:NBTB
|
$2.39 Billion |
|
Pfizer Limited
NSE:PFIZER
|
$2.38 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiangsu Ruitai New Energy Materials Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 7,190,912,878 to 7,128,245,647, a change of -62,667,231 (-0.9%).
- Net income of 84,600,941 contributed positively to equity growth.
- Dividend payments of 188,410,327 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥84.60 Million | +1.19% |
| Dividends Paid | CN¥188.41 Million | -2.64% |
| Other Changes | CN¥41.14 Million | +0.58% |
| Total Change | CN¥- | -0.87% |
Book Value vs Market Value Analysis
This analysis compares Jiangsu Ruitai New Energy 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 11.71x 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¥1.90 | CN¥22.25 | x |
| 2020-12-31 | CN¥3.60 | CN¥22.25 | x |
| 2021-12-31 | CN¥4.64 | CN¥22.25 | x |
| 2022-12-31 | CN¥9.19 | CN¥22.25 | x |
| 2023-12-31 | CN¥9.81 | CN¥22.25 | x |
| 2024-12-31 | CN¥9.72 | CN¥22.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiangsu Ruitai New Energy 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): 1.19%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.02%
- • Asset Turnover: 0.21x
- • Equity Multiplier: 1.40x
- Recent ROE (1.19%) is below the historical average (12.12%), 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 | 16.92% | 10.67% | 0.76x | 2.09x | CN¥72.33 Million |
| 2020 | 12.99% | 14.18% | 0.57x | 1.61x | CN¥59.18 Million |
| 2021 | 23.58% | 11.58% | 0.93x | 2.19x | CN¥346.92 Million |
| 2022 | 11.53% | 12.66% | 0.60x | 1.51x | CN¥103.04 Million |
| 2023 | 6.49% | 12.54% | 0.34x | 1.52x | CN¥-252.67 Million |
| 2024 | 1.19% | 4.02% | 0.21x | 1.40x | CN¥-628.22 Million |
Industry Comparison
This section compares Jiangsu Ruitai New Energy 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: $2,642,884,422
- Average return on equity (ROE) among peers: 3.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangsu Ruitai New Energy Materials Co. Ltd. (301238) | CN¥7.50 Billion | 16.92% | 0.26x | $2.39 Billion |
| Chongqing Sanxia Paints Co Ltd (000565) | $431.03 Million | -36.92% | 1.29x | $516.47 Million |
| Hengyi Petrochemical Co Ltd (000703) | $6.99 Billion | 4.49% | 2.04x | $8.23 Billion |
| Guangdong Xinhui Meida Nylon Co Ltd (000782) | $1.09 Billion | 0.96% | 1.41x | $826.86 Million |
| Luxi Chemical Group Co Ltd (000830) | $910.26 Million | 5.22% | 1.06x | $4.38 Billion |
| China Minmetals Rare Earth Co Ltd (000831) | $2.06 Billion | 0.90% | 0.06x | $8.58 Billion |
| Anhui Guofeng Plastic Industry Co Ltd (000859) | $1.06 Billion | 1.91% | 0.87x | $1.22 Billion |
| Cofco Biochemical Anhui Co Ltd (000930) | $98.99 Million | 29.63% | 2.11x | $1.60 Billion |
| Shandong Link Science and Technology Co Ltd (001207) | $268.26 Million | 17.39% | 2.70x | $571.59 Million |
| Zhejiang Transfar Co Ltd (002010) | $11.16 Billion | 4.94% | 0.30x | $2.37 Billion |
| Poly Union Chemical Holding Group Co Ltd (002037) | $2.36 Billion | 2.62% | 2.10x | $614.61 Million |
About Jiangsu Ruitai New Energy Materials Co. Ltd.
Jiangsu Ruitai New Energy Materials Co., Ltd. researches and develops, produces, and sells lithium-ion battery materials and silane coupling agents in China and internationally. The company offers power and consumer battery electrolytes, energy storage battery electrolytes, lithium-ion battery electrolyte additives, and supercapacitor products. It also provides battery chemicals, capacitor chemic… Read more