Tianyang Hot Mel (603330) - Net Assets

Latest as of June 2025: CN¥1.54 Billion CNY ≈ $225.83 Million USD

Based on the latest financial reports, Tianyang Hot Mel (603330) has net assets worth CN¥1.54 Billion CNY (≈ $225.83 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.42 Billion ≈ $353.49 Million USD) and total liabilities (CN¥872.42 Million ≈ $127.66 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 Tianyang Hot Mel asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥1.54 Billion
% of Total Assets	63.89%
Annual Growth Rate	19.27%
5-Year Change	117.06%
10-Year Change	402.48%
Growth Volatility	27.86

Tianyang Hot Mel - Net Assets Trend (2011–2024)

This chart illustrates how Tianyang Hot Mel's net assets have evolved over time, based on quarterly financial data. Also explore Tianyang Hot Mel asset portfolio for the complete picture of this company's asset base.

Annual Net Assets for Tianyang Hot Mel (2011–2024)

The table below shows the annual net assets of Tianyang Hot Mel from 2011 to 2024. For live valuation and market cap data, see market value of Tianyang Hot Mel.

Year	Net Assets	Change
2024-12-31	CN¥1.55 Billion ≈ $227.16 Million	-14.11%
2023-12-31	CN¥1.81 Billion ≈ $264.48 Million	+76.40%
2022-12-31	CN¥1.02 Billion ≈ $149.93 Million	-9.85%
2021-12-31	CN¥1.14 Billion ≈ $166.30 Million	+58.91%
2020-12-31	CN¥715.18 Million ≈ $104.65 Million	+16.20%
2019-12-31	CN¥615.48 Million ≈ $90.06 Million	-3.75%
2018-12-31	CN¥639.44 Million ≈ $93.57 Million	+3.52%
2017-12-31	CN¥617.71 Million ≈ $90.39 Million	+70.37%
2016-12-31	CN¥362.58 Million ≈ $53.06 Million	+17.36%
2015-12-31	CN¥308.94 Million ≈ $45.21 Million	+19.45%
2014-12-31	CN¥258.65 Million ≈ $37.85 Million	+17.56%
2013-12-31	CN¥220.02 Million ≈ $32.20 Million	+17.61%
2012-12-31	CN¥187.07 Million ≈ $27.37 Million	+19.09%
2011-12-31	CN¥157.08 Million ≈ $22.99 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Tianyang Hot Mel'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 309.3% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Other Components	CN¥1.70 Billion	110.33%
Total Equity	CN¥1.54 Billion	100.00%

Tianyang Hot Mel Competitors by Market Cap

The table below lists competitors of Tianyang Hot Mel ranked by their market capitalization.

Company	Market Cap
VersaBank NASDAQ:VBNK	$467.89 Million
Sayona Mining Limited American Depository Shares NASDAQ:ELVR	$467.91 Million
Sinopec Oilfield Service Corporation F:YIZH	$468.04 Million
Dolphin Drilling AS OL:DDRIL	$468.17 Million
China Zhonghua Geotechnical Engineering Co Ltd SHE:002542	$467.80 Million
Binh Minh Plastics JSC VN:BMP	$467.78 Million
Konya Cimento Sanayi AS IS:KONYA	$467.72 Million
Murapol S.A. WAR:MUR	$467.68 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Tianyang Hot Mel's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 1,795,820,505 to 1,537,098,950, a change of -258,721,554 (-14.4%).
Net loss of 212,655,121 reduced equity.
Dividend payments of 50,091,109 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥-212.66 Million	-13.83%
Dividends Paid	CN¥50.09 Million	-3.26%
Other Changes	CN¥4.02 Million	+0.26%
Total Change	CN¥-	-14.41%

Book Value vs Market Value Analysis

This analysis compares Tianyang Hot Mel'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: 2.08x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has increased from 1.86x to 2.08x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2017-12-31	CN¥3.96	CN¥7.39	x
2018-12-31	CN¥4.09	CN¥7.39	x
2019-12-31	CN¥3.99	CN¥7.39	x
2020-12-31	CN¥4.28	CN¥7.39	x
2021-12-31	CN¥4.52	CN¥7.39	x
2022-12-31	CN¥2.90	CN¥7.39	x
2023-12-31	CN¥4.15	CN¥7.39	x
2024-12-31	CN¥3.55	CN¥7.39	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Tianyang Hot Mel 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): -13.83%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -16.13%
• Asset Turnover: 0.50x
• Equity Multiplier: 1.73x
Recent ROE (-13.83%) is below the historical average (2.38%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2016	14.78%	13.59%	0.83x	1.31x	CN¥17.34 Million
2017	5.01%	6.67%	0.55x	1.36x	CN¥-30.21 Million
2018	5.62%	6.27%	0.57x	1.56x	CN¥-27.39 Million
2019	2.79%	2.58%	0.61x	1.76x	CN¥-43.94 Million
2020	7.92%	7.41%	0.49x	2.16x	CN¥-13.60 Million
2021	10.26%	10.32%	0.60x	1.65x	CN¥2.75 Million
2022	-5.87%	-3.97%	0.62x	2.38x	CN¥-152.96 Million
2023	-5.25%	-7.11%	0.46x	1.60x	CN¥-273.79 Million
2024	-13.83%	-16.13%	0.50x	1.73x	CN¥-366.37 Million

Industry Comparison

This section compares Tianyang Hot Mel's net assets metrics with peer companies in the Specialty Chemicals industry.

Industry Context

Industry: Specialty Chemicals
Average net assets among peers: $757,076,135
Average return on equity (ROE) among peers: 17.07%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Tianyang Hot Mel (603330)	CN¥1.54 Billion	14.78%	0.57x	$467.89 Million
Chongqing Sanxia Paints Co Ltd (000565)	$132.89 Million	13.77%	0.98x	$508.22 Million
Hengyi Petrochemical Co Ltd (000703)	$187.55 Million	-10.77%	0.62x	$9.61 Billion
Guangdong Xinhui Meida Nylon Co Ltd (000782)	$1.24 Billion	2.83%	1.13x	$754.52 Million
Luxi Chemical Group Co Ltd (000830)	$2.59 Billion	8.19%	3.36x	$4.71 Billion
China Minmetals Rare Earth Co Ltd (000831)	$92.67 Million	58.60%	2.88x	$8.64 Billion
Anhui Guofeng Plastic Industry Co Ltd (000859)	$158.61 Million	29.32%	1.96x	$1.21 Billion
Cofco Biochemical Anhui Co Ltd (000930)	$98.99 Million	29.63%	2.11x	$1.62 Billion
Shandong Link Science and Technology Co Ltd (001207)	$1.77 Billion	9.55%	0.33x	$583.32 Million
Zhejiang Transfar Co Ltd (002010)	$516.04 Million	15.39%	0.20x	$2.36 Billion
Poly Union Chemical Holding Group Co Ltd (002037)	$790.80 Million	14.23%	1.34x	$604.70 Million

About Tianyang Hot Mel

SHG:603330 China Specialty Chemicals

Market Cap

$467.89 Million

CN¥3.20 Billion CNY

Market Cap Rank

#12910 Global

#4044 in China

Share Price

CN¥7.39

Change (1 day)

-0.14%

52-Week Range

CN¥6.39 - CN¥8.60

All Time High

CN¥18.45