Renxin New Material Co. Ltd. A (301395) - Net Assets
Based on the latest financial reports, Renxin New Material Co. Ltd. A (301395) has net assets worth CN¥1.54 Billion CNY (≈ $225.30 Million 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¥1.99 Billion ≈ $291.54 Million USD) and total liabilities (CN¥452.64 Million ≈ $66.24 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 301395 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.54 Billion |
| % of Total Assets | 77.28% |
| Annual Growth Rate | 36.08% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 60.93 |
Renxin New Material Co. Ltd. A - Net Assets Trend (2021–2024)
This chart illustrates how Renxin New Material Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. Also explore 301395 total asset value for the complete picture of this company's asset base.
Annual Net Assets for Renxin New Material Co. Ltd. A (2021–2024)
The table below shows the annual net assets of Renxin New Material Co. Ltd. A from 2021 to 2024. For live valuation and market cap data, see 301395 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.57 Billion ≈ $229.58 Million |
-5.35% |
| 2023-12-31 | CN¥1.66 Billion ≈ $242.57 Million |
+132.66% |
| 2022-12-31 | CN¥712.47 Million ≈ $104.26 Million |
+14.45% |
| 2021-12-31 | CN¥622.50 Million ≈ $91.09 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Renxin New Material Co. Ltd. A'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 11.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥380.24 Million | 24.24% |
| Other Components | CN¥1.19 Billion | 75.76% |
| Total Equity | CN¥1.57 Billion | 100.00% |
Renxin New Material Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Renxin New Material Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Capital A Berhad
KLSE:5099
|
$481.53 Million |
|
Robostar Co.Ltd
KQ:090360
|
$481.68 Million |
|
Dnake Xiamen Intelligent Technology
SHE:300884
|
$481.81 Million |
|
Shenzhen Crastal Technology Co Ltd
SHE:300824
|
$481.84 Million |
|
Wuhu Fuchun Dye and Weave Co.Ltd.
SHG:605189
|
$481.37 Million |
|
Hubei Guochuang Hi-tech Material Co Ltd
SHE:002377
|
$481.37 Million |
|
SKS Technologies Group Ltd
AU:SKS
|
$480.89 Million |
|
Nanjing Toua Hardware&Tools Co.Ltd.
SHE:301125
|
$480.84 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Renxin New Material Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,657,663,424 to 1,568,923,600, a change of -88,739,824 (-5.4%).
- Net income of 53,243,841 contributed positively to equity growth.
- Dividend payments of 144,920,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥53.24 Million | +3.39% |
| Dividends Paid | CN¥144.92 Million | -9.24% |
| Other Changes | CN¥2.94 Million | +0.19% |
| Total Change | CN¥- | -5.35% |
Book Value vs Market Value Analysis
This analysis compares Renxin New Material Co. Ltd. A'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: 2.10x
- 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 3.97x to 2.10x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | CN¥3.41 | CN¥13.55 | x |
| 2022-12-31 | CN¥3.90 | CN¥13.55 | x |
| 2023-12-31 | CN¥6.81 | CN¥13.55 | x |
| 2024-12-31 | CN¥6.44 | CN¥13.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Renxin New Material Co. Ltd. A 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): 3.39%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.41%
- • Asset Turnover: 1.17x
- • Equity Multiplier: 1.21x
- Recent ROE (3.39%) is below the historical average (10.38%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 21.54% | 7.90% | 2.19x | 1.25x | CN¥71.83 Million |
| 2022 | 13.20% | 3.85% | 2.34x | 1.47x | CN¥22.81 Million |
| 2023 | 3.37% | 2.82% | 1.01x | 1.18x | CN¥-109.97 Million |
| 2024 | 3.39% | 2.41% | 1.17x | 1.21x | CN¥-103.65 Million |
Industry Comparison
This section compares Renxin New Material Co. Ltd. A's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $2,526,275,526
- Average return on equity (ROE) among peers: 14.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Renxin New Material Co. Ltd. A (301395) | CN¥1.54 Billion | 21.54% | 0.29x | $481.52 Million |
| North Huajin Chemical Industries Co Ltd (000059) | $12.66 Billion | 14.57% | 1.45x | $1.33 Billion |
| Sichuan Chemical Co Ltd (000155) | $7.35 Billion | 4.73% | 1.50x | $4.71 Billion |
| Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) | $246.65 Million | 3.47% | 1.71x | $12.84 Billion |
| Zangge Holding Co Ltd (000408) | $477.67 Million | 1.53% | 1.45x | $20.51 Billion |
| Sichuan Jinlu Group Co Ltd (000510) | $1.17 Billion | 5.97% | 1.33x | $1.34 Billion |
| Jilin Gpro Titanium Industry Co Ltd (000545) | $313.50 Million | 0.80% | 0.55x | $436.10 Million |
| Aoyuan Beauty Valley Technology Co Ltd (000615) | $54.68 Million | 39.27% | 1.16x | $871.02 Million |
| Ningxia Younglight Chemicals Co Ltd (000635) | $2.67 Billion | 1.91% | 0.16x | $470.62 Million |
| Maoming Petro-Chemical Shihua Co Ltd (000637) | $220.98 Million | 19.06% | 0.40x | $366.68 Million |
| Inner Mongolia Yuan Xing Energy Co Ltd (000683) | $93.73 Million | 50.32% | 1.49x | $4.87 Billion |
About Renxin New Material Co. Ltd. A
Renxin New Material Co.,Ltd. engages in the research and development, production, and sale of polystyrene polymer materials in China. Its products are used in optical display, household appliances, daily necessities, packaging, and other fields after processing and molding. The company was founded in 2011 and is based in Huizhou, China.