Sinolong New Materials Co., Ltd.
Sinolong New Materials Co., Ltd. manufactures polymer and film materials. The company offers new energy films, bio-based compostable films, functional films, biodegradable BOPLA films, polyamide films, and high temperature polyamide PPA resin products. It serves energy, pharmaceutical, food and beverage, and chemical industries. The company was incorporated in 2018 and is based in Xiamen, China.
Sinolong New Materials Co., Ltd. (301565) - Net Assets
Latest net assets as of September 2025: CN¥2.41 Billion CNY
Based on the latest financial reports, Sinolong New Materials Co., Ltd. (301565) has net assets worth CN¥2.41 Billion CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.82 Billion) and total liabilities (CN¥1.41 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¥2.41 Billion |
| % of Total Assets | 63.02% |
| Annual Growth Rate | 31.34% |
| 5-Year Change | 182.89% |
| 10-Year Change | N/A |
| Growth Volatility | 11.98 |
Sinolong New Materials Co., Ltd. - Net Assets Trend (2019–2024)
This chart illustrates how Sinolong New 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 Sinolong New Materials Co., Ltd. (2019–2024)
The table below shows the annual net assets of Sinolong New Materials Co., Ltd. from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.35 Billion | +46.70% |
| 2023-12-31 | CN¥1.60 Billion | +11.99% |
| 2022-12-31 | CN¥1.43 Billion | +25.83% |
| 2021-12-31 | CN¥1.14 Billion | +36.84% |
| 2020-12-31 | CN¥829.68 Million | +38.26% |
| 2019-12-31 | CN¥600.10 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sinolong 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 109100605900.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.03 Billion | 43.90% |
| Common Stock | CN¥400.01 Million | 17.04% |
| Other Comprehensive Income | CN¥-777.00K | -0.03% |
| Other Components | CN¥917.48 Million | 39.09% |
| Total Equity | CN¥2.35 Billion | 100.00% |
Sinolong New Materials Co., Ltd. Competitors by Market Cap
The table below lists competitors of Sinolong New Materials Co., Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
China Reform Culture Holdings Co Ltd
SHG:600636
|
$295.30 Million |
|
Shenzhen Sunyes Electronic Manufacturing Holding Co Ltd
SHE:002388
|
$295.35 Million |
|
Ibotta, Inc.
NYSE:IBTA
|
$295.36 Million |
|
BK Technologies Inc
NYSE MKT:BKTI
|
$295.52 Million |
|
Artesian Resources Corporation
NASDAQ:ARTNA
|
$295.24 Million |
|
Ningxia Younglight Chemicals Co Ltd
SHE:000635
|
$295.21 Million |
|
Nowtransit Inc
PINK:NOTR
|
$295.18 Million |
|
FastPartner AB Series D
ST:FPAR-D
|
$295.16 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sinolong New Materials Co., Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,599,867,106 to 2,347,079,830, a change of 747,212,724 (46.7%).
- Net income of 113,150,851 contributed positively to equity growth.
- Dividend payments of 5,122,579 reduced retained earnings.
- Other comprehensive income decreased equity by 777,000.
- Other factors increased equity by 639,961,452.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥113.15 Million | +4.82% |
| Dividends Paid | CN¥5.12 Million | -0.22% |
| Other Comprehensive Income | CN¥-777.00K | -0.03% |
| Other Changes | CN¥639.96 Million | +27.27% |
| Total Change | CN¥- | 46.70% |
Book Value vs Market Value Analysis
This analysis compares Sinolong 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: 3.51x
- 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 17.97x to 3.51x 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¥1.25 | CN¥22.55 | x |
| 2020-12-31 | CN¥2.03 | CN¥22.55 | x |
| 2021-12-31 | CN¥2.77 | CN¥22.55 | x |
| 2022-12-31 | CN¥4.10 | CN¥22.55 | x |
| 2023-12-31 | CN¥4.73 | CN¥22.55 | x |
| 2024-12-31 | CN¥6.43 | CN¥22.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sinolong 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): 4.82%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.57%
- • Asset Turnover: 0.70x
- • Equity Multiplier: 1.51x
- Recent ROE (4.82%) is below the historical average (13.28%), 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 | -11.25% | -4.48% | 0.58x | 4.32x | CN¥-106.65 Million |
| 2020 | 25.84% | 13.16% | 0.76x | 2.57x | CN¥128.28 Million |
| 2021 | 26.91% | 15.04% | 0.86x | 2.09x | CN¥187.44 Million |
| 2022 | 20.47% | 12.50% | 0.88x | 1.86x | CN¥145.96 Million |
| 2023 | 12.89% | 8.77% | 0.82x | 1.78x | CN¥46.22 Million |
| 2024 | 4.82% | 4.57% | 0.70x | 1.51x | CN¥-121.56 Million |
Industry Comparison
This section compares Sinolong 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: $1,775,158,628
- Average return on equity (ROE) among peers: -19.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sinolong New Materials Co., Ltd. (301565) | CN¥2.41 Billion | -11.25% | 0.59x | $295.26 Million |
| Chongqing Sanxia Paints Co Ltd (000565) | $390.80 Million | 1.64% | 0.47x | $289.82 Million |
| Hengyi Petrochemical Co Ltd (000703) | $246.42 Million | -7.64% | 1.62x | $1.44 Billion |
| Guangdong Xinhui Meida Nylon Co Ltd (000782) | $472.56 Million | 10.49% | 1.13x | $361.89 Million |
| Luxi Chemical Group Co Ltd (000830) | $120.60 Million | 41.32% | 1.30x | $2.28 Billion |
| China Minmetals Rare Earth Co Ltd (000831) | $234.51 Million | -303.65% | 8.65x | $5.40 Billion |
| Anhui Guofeng Plastic Industry Co Ltd (000859) | $2.70 Billion | 10.47% | 0.21x | $884.45 Million |
| Cofco Biochemical Anhui Co Ltd (000930) | $11.76 Billion | 9.61% | 0.54x | $815.97 Million |
| Shandong Link Science and Technology Co Ltd (001207) | $441.43 Million | 14.99% | 1.14x | $330.19 Million |
| Zhejiang Bofay Elec Co Ltd (001255) | $742.80 Million | 1.78% | 0.61x | $169.49 Million |
| Guangdong Decro Film New (001378) | $647.89 Million | 29.53% | 0.22x | $241.78 Million |