Shanghai Putailai New Energy Technology Co.Ltd.

SHG:603659 China Specialty Chemicals
Market Cap
$9.44 Billion
CN¥69.24 Billion CNY
Market Cap Rank
#3343 Global
#269 in China
Share Price
CN¥32.41
Change (1 day)
+10.01%
52-Week Range
CN¥15.66 - CN¥32.41
All Time High
CN¥965091.71
About

Shanghai Putailai New Energy Technology Group Co.,Ltd., together with its subsidiaries, engages in the development and sale of materials of lithium-ion batteries and automation equipment in China. It offers anode materials and graphitization; ceramic and PVDF coating, fluoropolymer coating, ceramic and PVDF hybrid coated separators, ultra-thin ceramic coated separators, solvent-based coated separ… Read more

Shanghai Putailai New Energy Technology Co.Ltd. (603659) - Net Assets

Latest net assets as of September 2025: CN¥21.01 Billion CNY

Based on the latest financial reports, Shanghai Putailai New Energy Technology Co.Ltd. (603659) has net assets worth CN¥21.01 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¥46.04 Billion) and total liabilities (CN¥25.03 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¥21.01 Billion
% of Total Assets 45.64%
Annual Growth Rate 55.09%
5-Year Change 119.18%
10-Year Change 2936.54%
Growth Volatility 59.89

Shanghai Putailai New Energy Technology Co.Ltd. - Net Assets Trend (2013–2024)

This chart illustrates how Shanghai Putailai New Energy Technology 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 Shanghai Putailai New Energy Technology Co.Ltd. (2013–2024)

The table below shows the annual net assets of Shanghai Putailai New Energy Technology Co.Ltd. from 2013 to 2024.

Year Net Assets Change
2024-12-31 CN¥19.54 Billion +4.33%
2023-12-31 CN¥18.73 Billion +34.08%
2022-12-31 CN¥13.97 Billion +30.93%
2021-12-31 CN¥10.67 Billion +19.67%
2020-12-31 CN¥8.92 Billion +144.62%
2019-12-31 CN¥3.64 Billion +16.77%
2018-12-31 CN¥3.12 Billion +22.25%
2017-12-31 CN¥2.55 Billion +155.96%
2016-12-31 CN¥997.47 Million +55.01%
2015-12-31 CN¥643.51 Million +176.70%
2014-12-31 CN¥232.57 Million +48.69%
2013-12-31 CN¥156.41 Million --

Equity Component Analysis

This analysis shows how different components contribute to Shanghai Putailai New Energy Technology 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 130120.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥8.49 Billion 46.18%
Common Stock CN¥2.14 Billion 11.62%
Other Comprehensive Income CN¥8.90 Million 0.05%
Other Components CN¥7.75 Billion 42.15%
Total Equity CN¥18.39 Billion 100.00%

Shanghai Putailai New Energy Technology Co.Ltd. Competitors by Market Cap

The table below lists competitors of Shanghai Putailai New Energy Technology Co.Ltd. ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Shanghai Putailai New Energy Technology Co.Ltd.'s equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 17,774,487,767 to 18,387,096,048, a change of 612,608,281 (3.4%).
  • Net income of 1,190,617,983 contributed positively to equity growth.
  • Dividend payments of 570,792,049 reduced retained earnings.
  • Share repurchases of 319,986,567 reduced equity.
  • Other comprehensive income increased equity by 8,170,025.
  • Other factors increased equity by 304,598,889.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥1.19 Billion +6.48%
Dividends Paid CN¥570.79 Million -3.1%
Share Repurchases CN¥319.99 Million -1.74%
Other Comprehensive Income CN¥8.17 Million +0.04%
Other Changes CN¥304.60 Million +1.66%
Total Change CN¥- 3.45%

Book Value vs Market Value Analysis

This analysis compares Shanghai Putailai New Energy Technology 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: 3.75x
  • 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 469.85x to 3.75x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2013-12-31 CN¥0.07 CN¥32.41 x
2014-12-31 CN¥0.11 CN¥32.41 x
2015-12-31 CN¥0.43 CN¥32.41 x
2016-12-31 CN¥0.67 CN¥32.41 x
2017-12-31 CN¥1.59 CN¥32.41 x
2018-12-31 CN¥1.66 CN¥32.41 x
2019-12-31 CN¥1.93 CN¥32.41 x
2020-12-31 CN¥4.97 CN¥32.41 x
2021-12-31 CN¥5.21 CN¥32.41 x
2022-12-31 CN¥6.68 CN¥32.41 x
2023-12-31 CN¥8.74 CN¥32.41 x
2024-12-31 CN¥8.65 CN¥32.41 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shanghai Putailai New Energy Technology 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): 6.48%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 8.85%
  • • Asset Turnover: 0.32x
  • • Equity Multiplier: 2.29x
  • Recent ROE (6.48%) is below the historical average (16.26%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2013 5.61% 3.23% 0.52x 3.32x CN¥-4.68 Million
2014 16.15% 5.32% 0.98x 3.11x CN¥10.20 Million
2015 15.43% 10.76% 0.82x 1.75x CN¥34.94 Million
2016 35.46% 21.09% 0.86x 1.95x CN¥253.95 Million
2017 18.42% 20.04% 0.52x 1.77x CN¥206.14 Million
2018 20.43% 17.95% 0.50x 2.29x CN¥303.42 Million
2019 19.10% 13.57% 0.59x 2.38x CN¥310.13 Million
2020 7.49% 12.64% 0.36x 1.63x CN¥-223.78 Million
2021 16.68% 19.44% 0.42x 2.05x CN¥700.06 Million
2022 23.07% 20.08% 0.43x 2.65x CN¥1.76 Billion
2023 10.75% 12.46% 0.35x 2.46x CN¥134.15 Million
2024 6.48% 8.85% 0.32x 2.29x CN¥-648.09 Million

Industry Comparison

This section compares Shanghai Putailai New Energy Technology Co.Ltd.'s net assets metrics with peer companies in the Specialty Chemicals industry.

Industry Context

  • Industry: Specialty Chemicals
  • Average net assets among peers: $2,201,823,203
  • Average return on equity (ROE) among peers: 6.90%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shanghai Putailai New Energy Technology Co.Ltd. (603659) CN¥21.01 Billion 5.61% 1.19x $3.89 Billion
Chongqing Sanxia Paints Co Ltd (000565) $577.65 Million 10.01% 0.83x $291.58 Million
Hengyi Petrochemical Co Ltd (000703) $6.99 Billion 4.49% 2.04x $1.50 Billion
Guangdong Xinhui Meida Nylon Co Ltd (000782) $1.46 Billion 0.74% 0.82x $375.65 Million
Luxi Chemical Group Co Ltd (000830) $5.61 Billion 5.45% 2.19x $2.40 Billion
China Minmetals Rare Earth Co Ltd (000831) $191.02 Million 12.96% 1.30x $5.40 Billion
Anhui Guofeng Plastic Industry Co Ltd (000859) $1.65 Billion 5.07% 0.31x $943.36 Million
Cofco Biochemical Anhui Co Ltd (000930) $2.02 Billion -16.67% 2.80x $866.00 Million
Shandong Link Science and Technology Co Ltd (001207) $1.32 Billion 12.34% 0.44x $341.43 Million
Zhejiang Bofay Elec Co Ltd (001255) $293.63 Million 29.71% 0.73x $174.80 Million
Guangdong Decro Film New (001378) $1.89 Billion 4.91% 0.20x $240.59 Million