Ye Chiu Metal Recycling China Ltd (601388) - Net Assets
Based on the latest financial reports, Ye Chiu Metal Recycling China Ltd (601388) has net assets worth CN¥4.69 Billion CNY (≈ $686.26 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥6.25 Billion ≈ $915.21 Million USD) and total liabilities (CN¥1.56 Billion ≈ $228.95 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 601388 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥4.69 Billion |
| % of Total Assets | 74.98% |
| Annual Growth Rate | 19.03% |
| 5-Year Change | 21.4% |
| 10-Year Change | 114.98% |
| Growth Volatility | 41.69 |
Ye Chiu Metal Recycling China Ltd - Net Assets Trend (2008–2025)
This chart illustrates how Ye Chiu Metal Recycling China Ltd's net assets have evolved over time, based on quarterly financial data. See Ye Chiu Metal Recycling China Ltd (601388) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Ye Chiu Metal Recycling China Ltd (2008–2025)
The table below shows the annual net assets of Ye Chiu Metal Recycling China Ltd from 2008 to 2025. For live valuation and market cap data, see Ye Chiu Metal Recycling China Ltd (601388) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥4.69 Billion ≈ $686.50 Million |
+7.06% |
| 2024-12-31 | CN¥4.38 Billion ≈ $641.25 Million |
+2.08% |
| 2023-12-31 | CN¥4.29 Billion ≈ $628.18 Million |
+1.53% |
| 2022-12-31 | CN¥4.23 Billion ≈ $618.69 Million |
+9.41% |
| 2021-12-31 | CN¥3.86 Billion ≈ $565.49 Million |
+17.59% |
| 2020-12-31 | CN¥3.29 Billion ≈ $480.89 Million |
+19.91% |
| 2019-12-31 | CN¥2.74 Billion ≈ $401.04 Million |
+6.63% |
| 2018-12-31 | CN¥2.57 Billion ≈ $376.12 Million |
+3.37% |
| 2017-12-31 | CN¥2.49 Billion ≈ $363.86 Million |
+13.94% |
| 2016-12-31 | CN¥2.18 Billion ≈ $319.34 Million |
+3.42% |
| 2015-12-31 | CN¥2.11 Billion ≈ $308.77 Million |
-3.95% |
| 2014-12-31 | CN¥2.20 Billion ≈ $321.46 Million |
-1.43% |
| 2013-12-31 | CN¥2.23 Billion ≈ $326.11 Million |
+0.09% |
| 2012-12-31 | CN¥2.23 Billion ≈ $325.83 Million |
+164.89% |
| 2011-12-31 | CN¥840.61 Million ≈ $123.01 Million |
+22.64% |
| 2010-12-31 | CN¥685.42 Million ≈ $100.30 Million |
+89.36% |
| 2009-12-31 | CN¥361.98 Million ≈ $52.97 Million |
+49.04% |
| 2008-12-31 | CN¥242.88 Million ≈ $35.54 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Ye Chiu Metal Recycling China 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 12708.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥2.05 Billion | 43.76% |
| Other Components | CN¥2.64 Billion | 56.24% |
| Total Equity | CN¥4.69 Billion | 100.00% |
Ye Chiu Metal Recycling China Ltd Competitors by Market Cap
The table below lists competitors of Ye Chiu Metal Recycling China Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Global Infotech Co Ltd
SHE:300465
|
$1.07 Billion |
|
Eyepoint Pharmaceuticals Inc
NASDAQ:EYPT
|
$1.07 Billion |
|
MAGYAR TELE.A ADR/5 UF100
F:MGYA
|
$1.07 Billion |
|
Zhejiang Zhongxin Fluoride Materials Co Ltd Class A
SHE:002915
|
$1.07 Billion |
|
Guilin Sanjin Pharmaceutical Co Ltd
SHE:002275
|
$1.07 Billion |
|
BioPharma Credit PLC
LSE:BPCR
|
$1.07 Billion |
|
Chongqing Taiji Industry Group Co Ltd
SHG:600129
|
$1.07 Billion |
|
Zug Estates Holding AG
SW:ZUGN
|
$1.07 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ye Chiu Metal Recycling China Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,382,119,750 to 4,691,347,523, a change of 309,227,773 (7.1%).
- Net income of 169,834,919 contributed positively to equity growth.
- Dividend payments of 59,951,473 reduced retained earnings.
- Other factors increased equity by 199,344,327.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥169.83 Million | +3.62% |
| Dividends Paid | CN¥59.95 Million | -1.28% |
| Other Changes | CN¥199.34 Million | +4.25% |
| Total Change | CN¥- | 7.06% |
Book Value vs Market Value Analysis
This analysis compares Ye Chiu Metal Recycling China 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: 1.55x
- 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 19.06x to 1.55x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | CN¥0.17 | CN¥3.31 | x |
| 2009-12-31 | CN¥0.26 | CN¥3.31 | x |
| 2010-12-31 | CN¥0.47 | CN¥3.31 | x |
| 2011-12-31 | CN¥0.55 | CN¥3.31 | x |
| 2012-12-31 | CN¥1.20 | CN¥3.31 | x |
| 2013-12-31 | CN¥1.04 | CN¥3.31 | x |
| 2014-12-31 | CN¥1.09 | CN¥3.31 | x |
| 2015-12-31 | CN¥1.08 | CN¥3.31 | x |
| 2016-12-31 | CN¥0.84 | CN¥3.31 | x |
| 2017-12-31 | CN¥1.23 | CN¥3.31 | x |
| 2018-12-31 | CN¥1.27 | CN¥3.31 | x |
| 2019-12-31 | CN¥1.35 | CN¥3.31 | x |
| 2020-12-31 | CN¥1.57 | CN¥3.31 | x |
| 2021-12-31 | CN¥1.76 | CN¥3.31 | x |
| 2022-12-31 | CN¥1.92 | CN¥3.31 | x |
| 2023-12-31 | CN¥1.95 | CN¥3.31 | x |
| 2024-12-31 | CN¥1.98 | CN¥3.31 | x |
| 2025-12-31 | CN¥2.13 | CN¥3.31 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ye Chiu Metal Recycling China 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): 3.62%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.24%
- • Asset Turnover: 1.20x
- • Equity Multiplier: 1.35x
- Recent ROE (3.62%) is below the historical average (13.31%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 16.31% | 1.60% | 2.61x | 3.90x | CN¥15.10 Million |
| 2009 | 58.57% | 11.86% | 1.08x | 4.59x | CN¥173.86 Million |
| 2010 | 40.57% | 7.52% | 1.62x | 3.34x | CN¥208.24 Million |
| 2011 | 36.52% | 5.65% | 1.95x | 3.32x | CN¥221.79 Million |
| 2012 | 7.38% | 3.10% | 1.43x | 1.66x | CN¥-58.40 Million |
| 2013 | 4.04% | 1.84% | 1.32x | 1.66x | CN¥-132.90 Million |
| 2014 | 1.37% | 0.70% | 1.13x | 1.73x | CN¥-189.58 Million |
| 2015 | 0.46% | 0.28% | 0.96x | 1.71x | CN¥-201.26 Million |
| 2016 | 1.18% | 0.69% | 0.84x | 2.06x | CN¥-192.38 Million |
| 2017 | 12.99% | 6.00% | 1.08x | 2.00x | CN¥74.27 Million |
| 2018 | 3.79% | 1.55% | 1.26x | 1.94x | CN¥-159.51 Million |
| 2019 | 4.19% | 2.11% | 1.10x | 1.81x | CN¥-159.12 Million |
| 2020 | 14.05% | 8.21% | 1.09x | 1.57x | CN¥133.14 Million |
| 2021 | 22.04% | 10.28% | 1.44x | 1.49x | CN¥465.21 Million |
| 2022 | 9.02% | 4.98% | 1.36x | 1.33x | CN¥-41.40 Million |
| 2023 | 3.10% | 1.96% | 1.20x | 1.32x | CN¥-296.38 Million |
| 2024 | 0.42% | 0.27% | 1.14x | 1.40x | CN¥-419.66 Million |
| 2025 | 3.62% | 2.24% | 1.20x | 1.35x | CN¥-299.30 Million |
Industry Comparison
This section compares Ye Chiu Metal Recycling China Ltd's net assets metrics with peer companies in the Aluminum industry.
Industry Context
- Industry: Aluminum
- Average net assets among peers: $3,935,112,501
- Average return on equity (ROE) among peers: 5.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ye Chiu Metal Recycling China Ltd (601388) | CN¥4.69 Billion | 16.31% | 0.33x | $1.07 Billion |
| Jiaozuo Wanfang Aluminum (000612) | $5.80 Billion | 10.22% | 0.36x | $1.92 Billion |
| Yunnan Aluminium Co Ltd (000807) | $4.98 Billion | 1.94% | 1.99x | $12.88 Billion |
| Henan Shenhuo Coal & Power Co Ltd (000933) | $10.16 Billion | 1.98% | 2.91x | $8.20 Billion |
| Guangdong Hongtu Technology Holdings Co Ltd (002101) | $2.17 Billion | 7.66% | 0.75x | $837.04 Million |
| Jiangsu Alcha Aluminium Co Ltd (002160) | $527.82 Million | -11.22% | 3.26x | $693.68 Million |
| Nanjing Yunhai Special Metals Co Ltd (002182) | $4.62 Billion | 13.23% | 0.96x | $2.03 Billion |
| ZYF Lopsking Aluminum Co Ltd (002333) | $232.44 Million | 23.71% | 1.01x | $495.79 Million |
| Shandong Hongchuang Aluminum Industry Holding Co Ltd (002379) | $2.03 Billion | -7.16% | 0.47x | $32.07 Billion |
| Jilin Liyuan Precision Manufacturing Co Ltd (002501) | $7.99 Billion | 6.54% | 0.90x | $779.21 Million |
| Tianshan Aluminum Group Co Ltd (002532) | $844.87 Million | 7.12% | 0.23x | $8.61 Billion |
About Ye Chiu Metal Recycling China Ltd
Yechiu Metal Recycling (China) Ltd. engages in aluminum alloy recycling business in Asia and the United States. The company produces and sells aluminum alloy ingots for use in automotive, electrical appliances, machinery, construction, power, transportation, packaging, and hardware. It also offers ferrous metals, as well as engages in import and export trade, information consulting, external leas… Read more