Suzhou YourBest New-type Materials Co.Ltd.
Suzhou YourBest New-type Materials Co. Ltd. research and development, manufacturing, and sales of photovoltaic welding ribbon products in China. The company offers MBB, SCR, and trapezoid ribbon; conventional tapping ribbon and bus bar; black painted ribbon; and customized ribbon comprising pb free, straight pre-cut bus bar, multi-bending bus bar, bended pre-cut bus bar, and shingled ribbon. Its … Read more
Suzhou YourBest New-type Materials Co.Ltd. (301266) - Net Assets
Latest net assets as of June 2025: CN¥1.85 Billion CNY
Based on the latest financial reports, Suzhou YourBest New-type Materials Co.Ltd. (301266) has net assets worth CN¥1.85 Billion CNY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.64 Billion) and total liabilities (CN¥1.80 Billion). 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¥1.85 Billion |
| % of Total Assets | 50.68% |
| Annual Growth Rate | 30.07% |
| 5-Year Change | 207.92% |
| 10-Year Change | N/A |
| Growth Volatility | 36.41 |
Suzhou YourBest New-type Materials Co.Ltd. - Net Assets Trend (2019–2024)
This chart illustrates how Suzhou YourBest New-type Materials 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 Suzhou YourBest New-type Materials Co.Ltd. (2019–2024)
The table below shows the annual net assets of Suzhou YourBest New-type Materials Co.Ltd. from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.82 Billion | +12.11% |
| 2023-12-31 | CN¥1.62 Billion | +17.57% |
| 2022-12-31 | CN¥1.38 Billion | +106.61% |
| 2021-12-31 | CN¥668.50 Million | +13.07% |
| 2020-12-31 | CN¥591.22 Million | +20.96% |
| 2019-12-31 | CN¥488.79 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Suzhou YourBest New-type 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 211.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥485.59 Million | 26.68% |
| Other Components | CN¥1.33 Billion | 73.32% |
| Total Equity | CN¥1.82 Billion | 100.00% |
Suzhou YourBest New-type Materials Co.Ltd. Competitors by Market Cap
The table below lists competitors of Suzhou YourBest New-type Materials Co.Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Xiamen Sunrise Wheel Group Co Ltd
SHE:002593
|
$301.71 Million |
|
Site Centers Corp
NYSE:SITC
|
$301.80 Million |
|
MIDLAND STS BANCOR.DL-01
F:6HU
|
$301.84 Million |
|
Vetoquinol
PA:VETO
|
$301.84 Million |
|
Symtek Automation Asia Co Ltd
TW:6438
|
$301.54 Million |
|
Yuanta Sec Kor
KO:003470
|
$301.53 Million |
|
Tibet Galaxy Science & Technology Development Co Ltd
SHE:000752
|
$301.39 Million |
|
AGORA INC. SP.ADS/4 CL.A
F:9AG1
|
$301.36 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Suzhou YourBest New-type Materials Co.Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,623,866,258 to 1,819,985,775, a change of 196,119,517 (12.1%).
- Net income of 38,613,009 contributed positively to equity growth.
- Dividend payments of 45,784,994 reduced retained earnings.
- Other factors increased equity by 203,291,503.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥38.61 Million | +2.12% |
| Dividends Paid | CN¥45.78 Million | -2.52% |
| Other Changes | CN¥203.29 Million | +11.17% |
| Total Change | CN¥- | 12.08% |
Book Value vs Market Value Analysis
This analysis compares Suzhou YourBest New-type 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: 3.05x
- 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 7.19x to 3.05x 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¥7.03 | CN¥50.55 | x |
| 2020-12-31 | CN¥7.58 | CN¥50.55 | x |
| 2021-12-31 | CN¥8.57 | CN¥50.55 | x |
| 2022-12-31 | CN¥13.28 | CN¥50.55 | x |
| 2023-12-31 | CN¥15.61 | CN¥50.55 | x |
| 2024-12-31 | CN¥16.56 | CN¥50.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Suzhou YourBest New-type 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): 2.12%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.18%
- • Asset Turnover: 0.95x
- • Equity Multiplier: 1.89x
- Recent ROE (2.12%) is below the historical average (8.95%), 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 | 10.03% | 8.14% | 0.80x | 1.55x | CN¥151.93K |
| 2020 | 13.37% | 9.66% | 0.85x | 1.62x | CN¥19.93 Million |
| 2021 | 11.56% | 6.24% | 1.00x | 1.85x | CN¥10.43 Million |
| 2022 | 7.27% | 4.99% | 0.92x | 1.58x | CN¥-37.69 Million |
| 2023 | 9.32% | 5.48% | 0.89x | 1.91x | CN¥-11.05 Million |
| 2024 | 2.12% | 1.18% | 0.95x | 1.89x | CN¥-143.39 Million |
Industry Comparison
This section compares Suzhou YourBest New-type Materials Co.Ltd.'s net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $2,729,724,236
- Average return on equity (ROE) among peers: 9.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Suzhou YourBest New-type Materials Co.Ltd. (301266) | CN¥1.85 Billion | 10.03% | 0.97x | $301.62 Million |
| Shenzhen Zhongheng Huafa Co Ltd Class A (000020) | $232.24 Million | -19.09% | 0.85x | $268.56 Million |
| Shenzhen Desay Battery Technology Co Ltd (000049) | $2.26 Billion | 17.72% | 2.90x | $768.09 Million |
| CPT Technology Group Co Ltd (000536) | $-18.89 Million | 0.00% | 0.00x | $1.06 Billion |
| Guangdong Fenghua Advanced Technology Holding Co Ltd (000636) | $12.01 Billion | 2.72% | 0.32x | $2.22 Billion |
| Xiamen Xindeco Ltd (000701) | $796.35 Million | 5.67% | 2.04x | $315.64 Million |
| BOE Technology Group Co Ltd (000725) | $5.52 Billion | 12.51% | 1.42x | $20.18 Billion |
| China Zhenhua Group Science & Technology Co Ltd (000733) | $5.38 Billion | 5.53% | 0.63x | $2.54 Billion |
| Beijing Zhong Ke San Huan High-Tech Co Ltd (000970) | $451.00 Million | 7.52% | 0.67x | $1.39 Billion |
| Beijing Kingfore HV & Energy Conservation Technology Co.Ltd. (001210) | $389.14 Million | 20.02% | 1.72x | $174.91 Million |
| Shanghai Smart Control Co. Ltd. (001266) | $268.16 Million | 42.89% | 0.50x | $149.46 Million |