NBTM New Materials Group Co Ltd (600114) - Net Assets
Based on the latest financial reports, NBTM New Materials Group Co Ltd (600114) has net assets worth CN¥3.91 Billion CNY (≈ $571.62 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥7.74 Billion ≈ $1.13 Billion USD) and total liabilities (CN¥3.84 Billion ≈ $561.34 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 financial resilience of NBTM New Materials Group Co Ltd to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.91 Billion |
| % of Total Assets | 50.45% |
| Annual Growth Rate | 16.9% |
| 5-Year Change | 8.19% |
| 10-Year Change | 96.69% |
| Growth Volatility | 55.53 |
NBTM New Materials Group Co Ltd - Net Assets Trend (2001–2024)
This chart illustrates how NBTM New Materials Group Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 600114 asset base for the complete picture of this company's asset base.
Annual Net Assets for NBTM New Materials Group Co Ltd (2001–2024)
The table below shows the annual net assets of NBTM New Materials Group Co Ltd from 2001 to 2024. For live valuation and market cap data, see NBTM New Materials Group Co Ltd (600114) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.26 Billion ≈ $477.26 Million |
+11.77% |
| 2023-12-31 | CN¥2.92 Billion ≈ $427.01 Million |
+1.61% |
| 2022-12-31 | CN¥2.87 Billion ≈ $420.25 Million |
-3.21% |
| 2021-12-31 | CN¥2.97 Billion ≈ $434.19 Million |
-1.57% |
| 2020-12-31 | CN¥3.01 Billion ≈ $441.13 Million |
+6.08% |
| 2019-12-31 | CN¥2.84 Billion ≈ $415.84 Million |
-1.25% |
| 2018-12-31 | CN¥2.88 Billion ≈ $421.12 Million |
+5.69% |
| 2017-12-31 | CN¥2.72 Billion ≈ $398.45 Million |
+12.99% |
| 2016-12-31 | CN¥2.41 Billion ≈ $352.64 Million |
+45.33% |
| 2015-12-31 | CN¥1.66 Billion ≈ $242.64 Million |
+8.81% |
| 2014-12-31 | CN¥1.52 Billion ≈ $222.99 Million |
+87.98% |
| 2013-12-31 | CN¥810.68 Million ≈ $118.63 Million |
+12.23% |
| 2012-12-31 | CN¥722.31 Million ≈ $105.70 Million |
-0.67% |
| 2011-12-31 | CN¥727.16 Million ≈ $106.41 Million |
+7.35% |
| 2010-12-31 | CN¥677.40 Million ≈ $99.12 Million |
+5.38% |
| 2009-12-31 | CN¥642.82 Million ≈ $94.06 Million |
-5.32% |
| 2008-12-31 | CN¥678.96 Million ≈ $99.35 Million |
-0.52% |
| 2007-12-31 | CN¥682.49 Million ≈ $99.87 Million |
+1.64% |
| 2006-12-31 | CN¥671.47 Million ≈ $98.26 Million |
-3.62% |
| 2005-12-31 | CN¥696.72 Million ≈ $101.95 Million |
+3.79% |
| 2004-12-31 | CN¥671.29 Million ≈ $98.23 Million |
+263.59% |
| 2003-12-31 | CN¥184.63 Million ≈ $27.02 Million |
+39.18% |
| 2002-12-31 | CN¥132.65 Million ≈ $19.41 Million |
+47.55% |
| 2001-12-31 | CN¥89.90 Million ≈ $13.16 Million |
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Equity Component Analysis
This analysis shows how different components contribute to NBTM New Materials Group 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 23558.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.05 Billion | 37.56% |
| Common Stock | CN¥616.38 Million | 21.96% |
| Other Comprehensive Income | CN¥265.39 Million | 9.45% |
| Other Components | CN¥870.92 Million | 31.03% |
| Total Equity | CN¥2.81 Billion | 100.00% |
NBTM New Materials Group Co Ltd Competitors by Market Cap
The table below lists competitors of NBTM New Materials Group Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Towne Bank
NASDAQ:TOWN
|
$3.23 Billion |
|
Tegna Inc
NYSE:TGNA
|
$3.23 Billion |
|
People.Cn Co Ltd
SHG:603000
|
$3.23 Billion |
|
Greenland Holdings Corp Ltd
SHG:600606
|
$3.23 Billion |
|
Business intelligence of Oriental Nations Corp Ltd
SHE:300166
|
$3.22 Billion |
|
Steadfast Group Limited
F:1S6
|
$3.22 Billion |
|
PTT GLBL CHEM.-NVDR- BA10
F:GCB1
|
$3.22 Billion |
|
Kinaxis Inc
TO:KXS
|
$3.22 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NBTM New Materials Group Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,527,153,837 to 2,807,020,978, a change of 279,867,141 (11.1%).
- Net income of 397,004,247 contributed positively to equity growth.
- Dividend payments of 211,658,357 reduced retained earnings.
- Other comprehensive income increased equity by 13,931,649.
- Other factors increased equity by 80,589,602.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥397.00 Million | +14.14% |
| Dividends Paid | CN¥211.66 Million | -7.54% |
| Other Comprehensive Income | CN¥13.93 Million | +0.5% |
| Other Changes | CN¥80.59 Million | +2.87% |
| Total Change | CN¥- | 11.07% |
Book Value vs Market Value Analysis
This analysis compares NBTM New Materials Group 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: 7.67x
- 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 198.20x to 7.67x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | CN¥0.18 | CN¥34.91 | x |
| 2002-12-31 | CN¥0.27 | CN¥34.91 | x |
| 2003-12-31 | CN¥0.36 | CN¥34.91 | x |
| 2004-12-31 | CN¥1.35 | CN¥34.91 | x |
| 2005-12-31 | CN¥1.39 | CN¥34.91 | x |
| 2006-12-31 | CN¥1.33 | CN¥34.91 | x |
| 2007-12-31 | CN¥1.33 | CN¥34.91 | x |
| 2008-12-31 | CN¥1.35 | CN¥34.91 | x |
| 2009-12-31 | CN¥1.21 | CN¥34.91 | x |
| 2010-12-31 | CN¥1.38 | CN¥34.91 | x |
| 2011-12-31 | CN¥1.49 | CN¥34.91 | x |
| 2012-12-31 | CN¥1.47 | CN¥34.91 | x |
| 2013-12-31 | CN¥1.64 | CN¥34.91 | x |
| 2014-12-31 | CN¥2.57 | CN¥34.91 | x |
| 2015-12-31 | CN¥2.70 | CN¥34.91 | x |
| 2016-12-31 | CN¥3.94 | CN¥34.91 | x |
| 2017-12-31 | CN¥4.01 | CN¥34.91 | x |
| 2018-12-31 | CN¥4.20 | CN¥34.91 | x |
| 2019-12-31 | CN¥4.29 | CN¥34.91 | x |
| 2020-12-31 | CN¥4.30 | CN¥34.91 | x |
| 2021-12-31 | CN¥4.20 | CN¥34.91 | x |
| 2022-12-31 | CN¥4.08 | CN¥34.91 | x |
| 2023-12-31 | CN¥4.09 | CN¥34.91 | x |
| 2024-12-31 | CN¥4.55 | CN¥34.91 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NBTM New Materials Group 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): 14.14%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.72%
- • Asset Turnover: 0.68x
- • Equity Multiplier: 2.69x
- Recent ROE (14.14%) is above the historical average (10.25%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 27.61% | 12.57% | 0.56x | 3.89x | CN¥13.94 Million |
| 2002 | 33.39% | 17.92% | 0.57x | 3.28x | CN¥28.03 Million |
| 2003 | 31.24% | 19.67% | 0.52x | 3.08x | CN¥34.12 Million |
| 2004 | 14.25% | 24.88% | 0.32x | 1.76x | CN¥25.90 Million |
| 2005 | 7.07% | 9.94% | 0.41x | 1.75x | CN¥-18.32 Million |
| 2006 | 0.68% | 0.83% | 0.43x | 1.90x | CN¥-55.66 Million |
| 2007 | 3.38% | 2.95% | 0.59x | 1.95x | CN¥-39.66 Million |
| 2008 | 2.01% | 1.77% | 0.49x | 2.29x | CN¥-47.28 Million |
| 2009 | -1.49% | -1.26% | 0.47x | 2.49x | CN¥-64.83 Million |
| 2010 | 7.83% | 5.15% | 0.65x | 2.34x | CN¥-13.06 Million |
| 2011 | 9.07% | 5.79% | 0.67x | 2.32x | CN¥-5.98 Million |
| 2012 | 5.83% | 3.91% | 0.61x | 2.46x | CN¥-27.13 Million |
| 2013 | 9.89% | 6.44% | 0.67x | 2.30x | CN¥-803.58K |
| 2014 | 8.94% | 10.02% | 0.59x | 1.52x | CN¥-14.62 Million |
| 2015 | 10.51% | 11.72% | 0.59x | 1.52x | CN¥7.75 Million |
| 2016 | 7.71% | 11.98% | 0.52x | 1.24x | CN¥-52.12 Million |
| 2017 | 11.72% | 16.83% | 0.54x | 1.29x | CN¥44.00 Million |
| 2018 | 12.14% | 17.10% | 0.56x | 1.27x | CN¥57.90 Million |
| 2019 | 11.62% | 14.24% | 0.52x | 1.58x | CN¥42.95 Million |
| 2020 | 3.32% | 2.66% | 0.56x | 2.24x | CN¥-175.96 Million |
| 2021 | 1.05% | 0.76% | 0.59x | 2.37x | CN¥-230.94 Million |
| 2022 | 6.20% | 4.18% | 0.57x | 2.58x | CN¥-95.64 Million |
| 2023 | 7.83% | 5.13% | 0.57x | 2.68x | CN¥-54.80 Million |
| 2024 | 14.14% | 7.72% | 0.68x | 2.69x | CN¥116.30 Million |
Industry Comparison
This section compares NBTM New Materials Group Co Ltd's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $2,241,212,649
- Average return on equity (ROE) among peers: 3.92%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NBTM New Materials Group Co Ltd (600114) | CN¥3.91 Billion | 27.61% | 0.98x | $3.23 Billion |
| FAWER Automotive Parts Ltd Co (000030) | $4.25 Billion | 12.78% | 0.67x | $1.25 Billion |
| Wanxiang Qianchao Co Ltd (000559) | $2.12 Billion | 6.41% | 1.35x | $8.58 Billion |
| Weifu High-Technology Group Co Ltd (000581) | $10.00 Billion | 11.08% | 0.31x | $2.32 Billion |
| Gui Zhou Tyre Co Ltd (000589) | $810.12 Million | -9.29% | 1.97x | $1.14 Billion |
| Qingdao Doublestar Co Ltd (000599) | $2.50 Billion | 2.32% | 1.02x | $707.54 Million |
| Hengli Industrial Development Group Co Ltd (000622) | $176.30 Million | 2.76% | 1.99x | $9.33 Million |
| Xiangyang Automobile Bearing Co Ltd (000678) | $1.10 Billion | 0.29% | 0.96x | $907.28 Million |
| Jiangnan Mould & Plastic Technology Co Ltd (000700) | $941.64 Million | 8.22% | 0.72x | $1.95 Billion |
| Sichuan Haowu Electromechanical Co Ltd (000757) | $572.87 Million | 4.59% | 0.74x | $381.97 Million |
| Anhui Zhongding Sealing Parts Co Ltd (000887) | $-57.93 Million | 0.00% | 0.00x | $3.58 Billion |
About NBTM New Materials Group Co Ltd
NBTM New Materials Group Co., Ltd. produces and sells powder metallurgy mechanical parts worldwide. The company provides soft magnetic composite materials and metal injection molding products. It serves automobile, consumer electronic, soft magnetic, and other industries. The company was formerly known as Ningbo Tongmuo new materials Group Co., Ltd. and changed its name to NBTM New Materials Grou… Read more