Baotailong New Materials Co Ltd (601011) - Net Assets
Based on the latest financial reports, Baotailong New Materials Co Ltd (601011) has net assets worth CN¥6.17 Billion CNY (≈ $902.50 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¥11.64 Billion ≈ $1.70 Billion USD) and total liabilities (CN¥5.48 Billion ≈ $801.30 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 tangible equity quality of Baotailong New Materials Co Ltd to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥6.17 Billion |
| % of Total Assets | 52.97% |
| Annual Growth Rate | 17.74% |
| 5-Year Change | -9.24% |
| 10-Year Change | 25.19% |
| Growth Volatility | 46.16 |
Baotailong New Materials Co Ltd - Net Assets Trend (2007–2024)
This chart illustrates how Baotailong New Materials Co Ltd's net assets have evolved over time, based on quarterly financial data. See 601011 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Baotailong New Materials Co Ltd (2007–2024)
The table below shows the annual net assets of Baotailong New Materials Co Ltd from 2007 to 2024. For live valuation and market cap data, see Baotailong New Materials Co Ltd (601011) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥6.24 Billion ≈ $913.10 Million |
-6.89% |
| 2023-12-31 | CN¥6.70 Billion ≈ $980.70 Million |
-19.99% |
| 2022-12-31 | CN¥8.38 Billion ≈ $1.23 Billion |
+19.13% |
| 2021-12-31 | CN¥7.03 Billion ≈ $1.03 Billion |
+2.28% |
| 2020-12-31 | CN¥6.87 Billion ≈ $1.01 Billion |
+0.44% |
| 2019-12-31 | CN¥6.84 Billion ≈ $1.00 Billion |
+0.80% |
| 2018-12-31 | CN¥6.79 Billion ≈ $993.66 Million |
+5.72% |
| 2017-12-31 | CN¥6.42 Billion ≈ $939.86 Million |
+26.46% |
| 2016-12-31 | CN¥5.08 Billion ≈ $743.23 Million |
+1.90% |
| 2015-12-31 | CN¥4.98 Billion ≈ $729.38 Million |
+66.98% |
| 2014-12-31 | CN¥2.99 Billion ≈ $436.81 Million |
+2.58% |
| 2013-12-31 | CN¥2.91 Billion ≈ $425.81 Million |
+0.38% |
| 2012-12-31 | CN¥2.90 Billion ≈ $424.19 Million |
+0.50% |
| 2011-12-31 | CN¥2.88 Billion ≈ $422.08 Million |
+183.97% |
| 2010-12-31 | CN¥1.02 Billion ≈ $148.64 Million |
+29.06% |
| 2009-12-31 | CN¥787.05 Million ≈ $115.17 Million |
+20.96% |
| 2008-12-31 | CN¥650.68 Million ≈ $95.22 Million |
+67.41% |
| 2007-12-31 | CN¥388.69 Million ≈ $56.88 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Baotailong 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 decreased by 638.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥1.92 Billion | 33.15% |
| Other Comprehensive Income | CN¥488.93 Million | 8.46% |
| Other Components | CN¥3.95 Billion | 68.44% |
| Total Equity | CN¥5.78 Billion | 100.00% |
Baotailong New Materials Co Ltd Competitors by Market Cap
The table below lists competitors of Baotailong New Materials Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hextar Global Bhd
KLSE:5151
|
$759.70 Million |
|
Tianjin Economic-technological Development Area Co Ltd
SHE:000652
|
$760.05 Million |
|
Troilus Gold Corp
TO:TLG
|
$760.07 Million |
|
Lonkey Industrial Co Ltd Guangzhou
SHE:000523
|
$760.10 Million |
|
Dilip Buildcon Limited
NSE:DBL
|
$759.37 Million |
|
Beijing Utour International Travel Service Co Ltd
SHE:002707
|
$759.28 Million |
|
S.J.S. Enterprises Limited
NSE:SJS
|
$759.02 Million |
|
Sinosteel Luonai Materials Technology Co. Ltd. A
SHG:688119
|
$758.91 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Baotailong New Materials Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,190,988,771 to 5,778,155,911, a change of -412,832,860 (-6.7%).
- Net loss of 464,170,187 reduced equity.
- Dividend payments of 106,337,547 reduced retained earnings.
- Other comprehensive income increased equity by 449,934,130.
- Other factors decreased equity by 292,259,256.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-464.17 Million | -8.03% |
| Dividends Paid | CN¥106.34 Million | -1.84% |
| Other Comprehensive Income | CN¥449.93 Million | +7.79% |
| Other Changes | CN¥-292.26 Million | -5.06% |
| Total Change | CN¥- | -6.67% |
Book Value vs Market Value Analysis
This analysis compares Baotailong 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: 0.91x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 4.52x to 0.91x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | CN¥0.60 | CN¥2.71 | x |
| 2008-12-31 | CN¥0.91 | CN¥2.71 | x |
| 2009-12-31 | CN¥1.10 | CN¥2.71 | x |
| 2010-12-31 | CN¥1.36 | CN¥2.71 | x |
| 2011-12-31 | CN¥3.15 | CN¥2.71 | x |
| 2012-12-31 | CN¥2.93 | CN¥2.71 | x |
| 2013-12-31 | CN¥2.90 | CN¥2.71 | x |
| 2014-12-31 | CN¥2.88 | CN¥2.71 | x |
| 2015-12-31 | CN¥3.26 | CN¥2.71 | x |
| 2016-12-31 | CN¥3.26 | CN¥2.71 | x |
| 2017-12-31 | CN¥3.88 | CN¥2.71 | x |
| 2018-12-31 | CN¥3.93 | CN¥2.71 | x |
| 2019-12-31 | CN¥3.84 | CN¥2.71 | x |
| 2020-12-31 | CN¥3.87 | CN¥2.71 | x |
| 2021-12-31 | CN¥3.96 | CN¥2.71 | x |
| 2022-12-31 | CN¥4.07 | CN¥2.71 | x |
| 2023-12-31 | CN¥3.22 | CN¥2.71 | x |
| 2024-12-31 | CN¥2.99 | CN¥2.71 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Baotailong 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): -8.03%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -35.96%
- • Asset Turnover: 0.11x
- • Equity Multiplier: 2.06x
- Recent ROE (-8.03%) is below the historical average (4.64%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 20.66% | 11.67% | 0.53x | 3.31x | CN¥40.45 Million |
| 2008 | 29.54% | 14.03% | 0.71x | 2.97x | CN¥127.12 Million |
| 2009 | 15.66% | 8.26% | 0.65x | 2.94x | CN¥44.57 Million |
| 2010 | 19.69% | 8.47% | 0.81x | 2.86x | CN¥95.42 Million |
| 2011 | 7.50% | 7.54% | 0.61x | 1.64x | CN¥-70.83 Million |
| 2012 | 2.59% | 3.21% | 0.44x | 1.83x | CN¥-207.23 Million |
| 2013 | 0.41% | 0.62% | 0.35x | 1.90x | CN¥-270.09 Million |
| 2014 | 2.43% | 3.71% | 0.33x | 1.96x | CN¥-219.20 Million |
| 2015 | 2.15% | 5.99% | 0.19x | 1.89x | CN¥-333.61 Million |
| 2016 | 2.15% | 5.19% | 0.20x | 2.07x | CN¥-341.26 Million |
| 2017 | 2.84% | 5.51% | 0.29x | 1.80x | CN¥-408.30 Million |
| 2018 | 5.64% | 9.62% | 0.33x | 1.80x | CN¥-264.94 Million |
| 2019 | 0.82% | 1.86% | 0.25x | 1.76x | CN¥-565.77 Million |
| 2020 | 0.51% | 1.19% | 0.24x | 1.78x | CN¥-589.63 Million |
| 2021 | 1.88% | 3.34% | 0.30x | 1.89x | CN¥-515.44 Million |
| 2022 | 1.97% | 4.02% | 0.28x | 1.74x | CN¥-620.21 Million |
| 2023 | -24.81% | -41.73% | 0.30x | 2.00x | CN¥-2.15 Billion |
| 2024 | -8.03% | -35.96% | 0.11x | 2.06x | CN¥-1.04 Billion |
Industry Comparison
This section compares Baotailong New Materials Co Ltd's net assets metrics with peer companies in the Coking Coal industry.
Industry Context
- Industry: Coking Coal
- Average net assets among peers: $4,005,251,768
- Average return on equity (ROE) among peers: -18.97%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Baotailong New Materials Co Ltd (601011) | CN¥6.17 Billion | 20.66% | 0.89x | $759.67 Million |
| Shandong Jinling Mining Co Ltd (000655) | $394.20 Million | 6.30% | 2.28x | $609.82 Million |
| Shanxi Meijin Energy Co Ltd (000723) | $250.99 Million | 11.35% | 1.83x | $2.46 Billion |
| Anyuan Coal Industry Group Co Ltd (600397) | $126.45 Million | -215.63% | 45.18x | $2.66 Billion |
| Shanxi Antai Group Co Ltd (600408) | $2.94 Billion | 1.35% | 1.32x | $391.89 Million |
| ShanXi Coking Co Ltd (600740) | $12.40 Billion | 10.17% | 0.66x | $1.33 Billion |
| Fujian Oriental Silver Star Investment Co Ltd (600753) | $142.58 Million | 1.84% | 0.45x | $407.11 Million |
| Yunnan Coal & Energy Co Ltd (600792) | $57.89 Million | 21.09% | 1.41x | $638.30 Million |
| Kailuan Energy Chemical Co Ltd (600997) | $15.74 Billion | 11.76% | 0.85x | $1.17 Billion |
About Baotailong New Materials Co Ltd
Baotailong New Materials Co., Ltd., together with its subsidiaries, provides new materials, advanced carbon materials, coal chemical products, hydrogen fuel, and urban public services in China. It offers reduced graphene oxide powder, graphene powder as a coating additive, graphene oxide powder and slurry, conductive additive type graphene powder and slurry, graphene slurry additive for coatings,… Read more