Grinm Advanced Materials Co Ltd

SHG:600206 China Semiconductor Equipment & Materials
Market Cap
$2.55 Billion
CN¥18.68 Billion CNY
Market Cap Rank
#5520 Global
#720 in China
Share Price
CN¥22.07
Change (1 day)
-2.35%
52-Week Range
CN¥14.58 - CN¥25.97
All Time High
CN¥25.97
Categories
Companies in China Semiconductor Equipment & Materials Technology AI & Machine Learning
About

Grinm Advanced Materials Co., Ltd. engages in the research and development, manufacture, and sale of advanced materials in China and internationally. Ther company offers Cu and Cu alloy series; Al and Al alloy series; Ti and Ti Coil; W, WTi, Ta, and Ta Coil; Co, Au, Ag, NiPt, NiV, AlSc, CuP, and other metal; Ni, Pt, Sn, Cr, and other basic full-size evaporation pellets and cone; and gold tin sold… Read more

Grinm Advanced Materials Co Ltd (600206) - Net Assets

Latest net assets as of September 2025: CN¥4.96 Billion CNY

Based on the latest financial reports, Grinm Advanced Materials Co Ltd (600206) has net assets worth CN¥4.96 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¥7.65 Billion) and total liabilities (CN¥2.69 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¥4.96 Billion
% of Total Assets 64.83%
Annual Growth Rate 16.33%
5-Year Change 27.65%
10-Year Change 53.69%
Growth Volatility 96.42

Grinm Advanced Materials Co Ltd - Net Assets Trend (1996–2024)

This chart illustrates how Grinm Advanced 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 Grinm Advanced Materials Co Ltd (1996–2024)

The table below shows the annual net assets of Grinm Advanced Materials Co Ltd from 1996 to 2024.

Year Net Assets Change
2024-12-31 CN¥4.47 Billion +10.91%
2023-12-31 CN¥4.03 Billion +2.50%
2022-12-31 CN¥3.93 Billion +6.75%
2021-12-31 CN¥3.68 Billion +5.18%
2020-12-31 CN¥3.50 Billion +7.24%
2019-12-31 CN¥3.27 Billion +4.94%
2018-12-31 CN¥3.11 Billion +3.11%
2017-12-31 CN¥3.02 Billion +1.78%
2016-12-31 CN¥2.97 Billion +1.94%
2015-12-31 CN¥2.91 Billion +1.17%
2014-12-31 CN¥2.88 Billion +136.36%
2013-12-31 CN¥1.22 Billion +89.34%
2012-12-31 CN¥642.45 Million -16.16%
2011-12-31 CN¥766.27 Million +0.82%
2010-12-31 CN¥760.04 Million +0.74%
2009-12-31 CN¥754.43 Million -6.35%
2008-12-31 CN¥805.55 Million +10.23%
2007-12-31 CN¥730.80 Million +9.20%
2006-12-31 CN¥669.21 Million +2.41%
2005-12-31 CN¥653.46 Million -8.72%
2004-12-31 CN¥715.92 Million -1.19%
2003-12-31 CN¥724.57 Million -0.34%
2002-12-31 CN¥727.05 Million -5.18%
2001-12-31 CN¥766.75 Million +9.58%
2000-12-31 CN¥699.74 Million +2.26%
1999-12-31 CN¥684.27 Million +504.68%
1998-12-31 CN¥113.16 Million +56.58%
1997-12-31 CN¥72.27 Million +11.68%
1996-12-31 CN¥64.71 Million --

Equity Component Analysis

This analysis shows how different components contribute to Grinm Advanced 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 131528616100.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥1.32 Billion 33.58%
Common Stock CN¥846.55 Million 21.61%
Other Comprehensive Income CN¥169.84 Million 4.34%
Other Components CN¥1.59 Billion 40.48%
Total Equity CN¥3.92 Billion 100.00%

Grinm Advanced Materials Co Ltd Competitors by Market Cap

The table below lists competitors of Grinm Advanced Materials Co Ltd ranked by their market capitalization.

Company Market Cap
KCC Corporation
KO:002380
 		$1.65 Billion
DiamondRock Hospitality Company
F:HBO
 		$1.65 Billion
Vidrala SA
MC:VID
 		$1.65 Billion
COFACE SA
PINK:COFAF
 		$1.65 Billion
Xinjiang Daqo New Energy Co Ltd
SHG:688303
 		$1.65 Billion
Sinotruk Jinan Truck Co Ltd
SHE:000951
 		$1.65 Billion
AXT Inc
NASDAQ:AXTI
 		$1.65 Billion
Foschini Group Ltd (The)
PINK:FHHGF
 		$1.64 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Grinm Advanced Materials Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 3,773,406,188 to 3,917,378,324, a change of 143,972,136 (3.8%).
  • Net income of 147,689,690 contributed positively to equity growth.
  • Dividend payments of 151,858,437 reduced retained earnings.
  • Other comprehensive income increased equity by 8,414,600.
  • Other factors increased equity by 139,726,283.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥147.69 Million +3.77%
Dividends Paid CN¥151.86 Million -3.88%
Other Comprehensive Income CN¥8.41 Million +0.21%
Other Changes CN¥139.73 Million +3.57%
Total Change CN¥- 3.82%

Book Value vs Market Value Analysis

This analysis compares Grinm Advanced 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: 4.78x
  • 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 170.53x to 4.78x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1996-12-31 CN¥0.13 CN¥22.07 x
1997-12-31 CN¥0.14 CN¥22.07 x
1998-12-31 CN¥0.24 CN¥22.07 x
1999-12-31 CN¥1.59 CN¥22.07 x
2000-12-31 CN¥1.62 CN¥22.07 x
2001-12-31 CN¥1.62 CN¥22.07 x
2002-12-31 CN¥1.53 CN¥22.07 x
2003-12-31 CN¥1.53 CN¥22.07 x
2004-12-31 CN¥1.53 CN¥22.07 x
2005-12-31 CN¥1.53 CN¥22.07 x
2006-12-31 CN¥1.54 CN¥22.07 x
2007-12-31 CN¥1.66 CN¥22.07 x
2008-12-31 CN¥1.86 CN¥22.07 x
2009-12-31 CN¥1.79 CN¥22.07 x
2010-12-31 CN¥2.02 CN¥22.07 x
2011-12-31 CN¥1.83 CN¥22.07 x
2012-12-31 CN¥1.48 CN¥22.07 x
2013-12-31 CN¥1.74 CN¥22.07 x
2014-12-31 CN¥3.17 CN¥22.07 x
2015-12-31 CN¥3.64 CN¥22.07 x
2016-12-31 CN¥3.53 CN¥22.07 x
2017-12-31 CN¥3.28 CN¥22.07 x
2018-12-31 CN¥3.36 CN¥22.07 x
2019-12-31 CN¥3.65 CN¥22.07 x
2020-12-31 CN¥3.86 CN¥22.07 x
2021-12-31 CN¥4.04 CN¥22.07 x
2022-12-31 CN¥4.30 CN¥22.07 x
2023-12-31 CN¥4.50 CN¥22.07 x
2024-12-31 CN¥4.62 CN¥22.07 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Grinm Advanced 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): 3.77%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 1.61%
  • • Asset Turnover: 1.41x
  • • Equity Multiplier: 1.66x
  • Recent ROE (3.77%) is below the historical average (7.72%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1996 59.57% 22.13% 1.53x 1.76x CN¥27.37 Million
1997 71.96% 27.52% 1.55x 1.69x CN¥37.54 Million
1998 40.70% 23.91% 0.85x 2.00x CN¥30.81 Million
1999 7.36% 64.11% 0.10x 1.19x CN¥-17.85 Million
2000 5.69% 32.97% 0.16x 1.08x CN¥-29.75 Million
2001 0.25% 1.60% 0.12x 1.29x CN¥-67.40 Million
2002 -5.27% -28.46% 0.12x 1.49x CN¥-99.61 Million
2003 0.23% 0.75% 0.18x 1.67x CN¥-63.62 Million
2004 0.36% 0.81% 0.23x 1.91x CN¥-62.72 Million
2005 0.56% 1.13% 0.31x 1.62x CN¥-61.68 Million
2006 2.38% 3.25% 0.46x 1.60x CN¥-51.01 Million
2007 8.14% 8.68% 0.60x 1.56x CN¥-13.60 Million
2008 9.12% 7.16% 0.90x 1.41x CN¥-7.12 Million
2009 -4.47% -7.10% 0.42x 1.49x CN¥-109.18 Million
2010 0.74% 0.84% 0.54x 1.62x CN¥-70.37 Million
2011 0.82% 1.05% 0.49x 1.58x CN¥-70.33 Million
2012 -19.28% -30.28% 0.38x 1.69x CN¥-188.11 Million
2013 2.88% 1.52% 1.58x 1.19x CN¥-86.66 Million
2014 2.21% 2.45% 0.78x 1.15x CN¥-212.74 Million
2015 1.10% 1.17% 0.84x 1.12x CN¥-245.73 Million
2016 1.70% 1.26% 1.18x 1.15x CN¥-233.56 Million
2017 1.53% 1.07% 1.22x 1.17x CN¥-241.80 Million
2018 2.68% 1.66% 1.36x 1.19x CN¥-215.62 Million
2019 3.46% 1.01% 2.75x 1.24x CN¥-200.27 Million
2020 5.24% 1.31% 3.04x 1.31x CN¥-154.78 Million
2021 7.00% 1.49% 3.28x 1.44x CN¥-102.09 Million
2022 7.44% 1.77% 2.75x 1.53x CN¥-92.82 Million
2023 6.00% 2.09% 1.74x 1.65x CN¥-150.88 Million
2024 3.77% 1.61% 1.41x 1.66x CN¥-244.05 Million

Industry Comparison

This section compares Grinm Advanced Materials Co Ltd's net assets metrics with peer companies in the Semiconductor Equipment & Materials industry.

Industry Context

  • Industry: Semiconductor Equipment & Materials
  • Average net assets among peers: $20,570,804,952
  • Average return on equity (ROE) among peers: 8.41%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Grinm Advanced Materials Co Ltd (600206) CN¥4.96 Billion 59.57% 0.54x $1.65 Billion
TCL Corp (000100) $132.14 Billion 0.20% 1.72x $11.00 Billion
Inner Mongolia Ojing Science & Technology Co. Ltd. A (001269) $470.47 Million 28.36% 1.12x $193.39 Million
TCL Zhonghuan Renewable Energy Technology Co Ltd (002129) $47.06 Billion 14.49% 1.32x $3.68 Billion
TongFu Microelectronics Co Ltd (002156) $222.39 Million 16.98% 3.34x $6.97 Billion
Tianshui Huatian Technology Co Ltd (002185) $19.12 Billion 1.18% 0.76x $4.61 Billion
NAURA Technology Group Co Ltd (002371) $3.36 Billion 2.76% 0.94x $23.27 Billion
Jiangsu Yoke Technology Co Ltd (002409) $1.25 Billion 6.30% 0.11x $3.07 Billion
Guangdong Huafeng New Energy Technology Co Ltd (002806) $1.01 Billion 8.50% 1.05x $204.60 Million
Zhejiang Mtcn Technology Co Ltd (003026) $44.34 Million 1.04% 0.46x $308.98 Million
Hubei Tech Semiconductors Co (300046) $1.03 Billion 4.28% 0.07x $823.72 Million