Guangdong Tianan New Material Net Assets
Guangdong Tianan New Material net assets. Based on the latest financial reports, Guangdong Tianan New Material (603725) has net assets worth CN¥1.03 Billion CNY (≈ $150.24 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¥2.87 Billion ≈ $419.87 Million USD) and total liabilities (CN¥1.84 Billion ≈ $269.64 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. Also explore Guangdong Tianan New Material (603725) net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.03 Billion |
| % of Total Assets | 35.78% |
| Annual Growth Rate | 14.94% |
| 5-Year Change | 21.47% |
| 10-Year Change | 144.27% |
| Growth Volatility | 32.65 |
Net Assets of Guangdong Tianan New Material (2007–2025)
Net assets of Guangdong Tianan New Material from 2007 to 2025. This chart illustrates how Guangdong Tianan New Material's net assets have evolved over time, based on quarterly financial data. See 603725 equity financing ratio to measure how much of total assets are equity-financed.
Annual Net Assets for Guangdong Tianan New Material (2007–2025)
The table below shows the annual net assets of Guangdong Tianan New Material from 2007 to 2025. For live market cap and overall valuation, see 603725 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.01 Billion ≈ $147.45 Million |
+11.29% |
| 2024-12-31 | CN¥905.44 Million ≈ $132.49 Million |
+6.94% |
| 2023-12-31 | CN¥846.68 Million ≈ $123.90 Million |
+36.87% |
| 2022-12-31 | CN¥618.58 Million ≈ $90.52 Million |
-25.43% |
| 2021-12-31 | CN¥829.55 Million ≈ $121.39 Million |
+0.75% |
| 2020-12-31 | CN¥823.34 Million ≈ $120.48 Million |
+2.04% |
| 2019-12-31 | CN¥806.90 Million ≈ $118.07 Million |
-1.14% |
| 2018-12-31 | CN¥816.22 Million ≈ $119.44 Million |
+4.09% |
| 2017-12-31 | CN¥784.18 Million ≈ $114.75 Million |
+90.09% |
| 2016-12-31 | CN¥412.53 Million ≈ $60.37 Million |
+17.31% |
| 2015-12-31 | CN¥351.64 Million ≈ $51.46 Million |
+26.21% |
| 2014-12-31 | CN¥278.61 Million ≈ $40.77 Million |
+33.63% |
| 2013-12-31 | CN¥208.50 Million ≈ $30.51 Million |
+15.88% |
| 2012-12-31 | CN¥179.93 Million ≈ $26.33 Million |
+109.64% |
| 2011-12-31 | CN¥85.83 Million ≈ $12.56 Million |
-20.75% |
| 2010-12-31 | CN¥108.30 Million ≈ $15.85 Million |
+4.28% |
| 2009-12-31 | CN¥103.86 Million ≈ $15.20 Million |
+15.31% |
| 2008-12-31 | CN¥90.07 Million ≈ $13.18 Million |
+9.60% |
| 2007-12-31 | CN¥82.18 Million ≈ $12.03 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Guangdong Tianan New Material'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 1234.6% over the analyzed period, indicating profitable operations and earnings retention.
Guangdong Tianan New Material Net Assets Breakdown (December 2025)
Guangdong Tianan New Material net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥231.01 Million | 27.45% |
| Other Components | CN¥610.40 Million | 72.55% |
| Total Equity | CN¥841.41 Million | 100.00% |
Guangdong Tianan New Material Competitors by Market Cap
The table below lists competitors of Guangdong Tianan New Material ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Anhui Huaertai Chemical Co Ltd
SHE:001217
|
$476.89 Million |
|
PKU HealthCare Corp Ltd
SHE:000788
|
$477.05 Million |
|
Sweco AB (publ)
ST:SWEC-A
|
$477.05 Million |
|
Gresgying Digital Energy Technology Co Ltd
SHG:600212
|
$477.07 Million |
|
Innocean Worldwide Inc
KO:214320
|
$476.82 Million |
|
Minto Apartment Real Estate Investment Trust
TO:MI-UN
|
$476.73 Million |
|
Log-In Logística Intermodal S.A
SA:LOGN3
|
$476.69 Million |
|
Wijaya Karya Beton PT
JK:WIKA
|
$476.61 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Guangdong Tianan New Material's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 759,957,749 to 841,408,400, a change of 81,450,651 (10.7%).
- Net income of 111,571,386 contributed positively to equity growth.
- Dividend payments of 58,059,663 reduced retained earnings.
- Other comprehensive income decreased equity by 42,314,689.
- Other factors increased equity by 70,253,616.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥111.57 Million | +13.26% |
| Dividends Paid | CN¥58.06 Million | -6.9% |
| Other Comprehensive Income | CN¥-42.31 Million | -5.03% |
| Other Changes | CN¥70.25 Million | +8.35% |
| Total Change | CN¥- | 10.72% |
Book Value vs Market Value Analysis
This analysis compares Guangdong Tianan New Material'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: 3.87x
- 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 13.21x to 3.87x 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¥0.81 | CN¥10.69 | x |
| 2008-12-31 | CN¥0.89 | CN¥10.69 | x |
| 2009-12-31 | CN¥1.02 | CN¥10.69 | x |
| 2010-12-31 | CN¥1.07 | CN¥10.69 | x |
| 2011-12-31 | CN¥0.85 | CN¥10.69 | x |
| 2012-12-31 | CN¥1.43 | CN¥10.69 | x |
| 2013-12-31 | CN¥1.18 | CN¥10.69 | x |
| 2014-12-31 | CN¥1.39 | CN¥10.69 | x |
| 2015-12-31 | CN¥1.63 | CN¥10.69 | x |
| 2016-12-31 | CN¥1.90 | CN¥10.69 | x |
| 2017-12-31 | CN¥3.26 | CN¥10.69 | x |
| 2018-12-31 | CN¥2.85 | CN¥10.69 | x |
| 2019-12-31 | CN¥2.65 | CN¥10.69 | x |
| 2020-12-31 | CN¥2.91 | CN¥10.69 | x |
| 2021-12-31 | CN¥2.28 | CN¥10.69 | x |
| 2022-12-31 | CN¥1.79 | CN¥10.69 | x |
| 2023-12-31 | CN¥2.44 | CN¥10.69 | x |
| 2024-12-31 | CN¥2.48 | CN¥10.69 | x |
| 2025-12-31 | CN¥2.76 | CN¥10.69 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Guangdong Tianan New Material 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): 13.26%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.62%
- • Asset Turnover: 1.03x
- • Equity Multiplier: 3.55x
- Recent ROE (13.26%) is above the historical average (8.34%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 8.26% | 1.95% | 1.75x | 2.41x | CN¥-1.43 Million |
| 2008 | 8.76% | 2.17% | 1.65x | 2.43x | CN¥-1.12 Million |
| 2009 | 14.12% | 4.55% | 1.37x | 2.27x | CN¥4.28 Million |
| 2010 | 15.54% | 3.57% | 1.82x | 2.39x | CN¥6.00 Million |
| 2011 | 19.62% | 3.44% | 1.57x | 3.63x | CN¥8.26 Million |
| 2012 | 15.72% | 6.04% | 1.39x | 1.87x | CN¥10.29 Million |
| 2013 | 14.79% | 5.98% | 1.17x | 2.12x | CN¥9.98 Million |
| 2014 | 7.68% | 3.88% | 0.99x | 2.00x | CN¥-6.45 Million |
| 2015 | 15.02% | 7.92% | 0.91x | 2.09x | CN¥17.67 Million |
| 2016 | 17.43% | 8.36% | 0.95x | 2.19x | CN¥30.63 Million |
| 2017 | 7.05% | 5.73% | 0.74x | 1.66x | CN¥-23.10 Million |
| 2018 | 6.01% | 5.13% | 0.75x | 1.57x | CN¥-32.56 Million |
| 2019 | 0.81% | 0.75% | 0.70x | 1.54x | CN¥-73.89 Million |
| 2020 | 4.66% | 4.40% | 0.59x | 1.79x | CN¥-43.88 Million |
| 2021 | -8.69% | -2.80% | 0.68x | 4.60x | CN¥-124.11 Million |
| 2022 | -31.58% | -6.09% | 0.95x | 5.47x | CN¥-217.88 Million |
| 2023 | 16.78% | 3.85% | 1.11x | 3.91x | CN¥48.86 Million |
| 2024 | 13.29% | 3.26% | 1.09x | 3.75x | CN¥25.01 Million |
| 2025 | 13.26% | 3.62% | 1.03x | 3.55x | CN¥27.43 Million |
Industry Comparison
This section compares Guangdong Tianan New Material's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $3,088,878,417
- Average return on equity (ROE) among peers: 18.95%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Guangdong Tianan New Material (603725) | CN¥1.03 Billion | 8.26% | 1.79x | $476.88 Million |
| North Huajin Chemical Industries Co Ltd (000059) | $129.69 Million | 113.83% | 0.52x | $1.07 Billion |
| Sichuan Chemical Co Ltd (000155) | $7.35 Billion | 4.73% | 1.50x | $2.48 Billion |
| Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) | $3.47 Billion | 4.25% | 0.43x | $10.07 Billion |
| Zangge Holding Co Ltd (000408) | $5.99 Billion | 15.23% | 0.23x | $15.25 Billion |
| Sichuan Jinlu Group Co Ltd (000510) | $718.75 Million | 13.09% | 1.40x | $909.16 Million |
| Jilin Gpro Titanium Industry Co Ltd (000545) | $1.88 Billion | -7.74% | 0.64x | $277.26 Million |
| Aoyuan Beauty Valley Technology Co Ltd (000615) | $2.81 Billion | 10.94% | 2.26x | $779.47 Million |
| Ningxia Younglight Chemicals Co Ltd (000635) | $149.01 Million | 10.13% | 0.47x | $547.90 Million |
| Maoming Petro-Chemical Shihua Co Ltd (000637) | $132.67 Million | 24.35% | 1.07x | $282.23 Million |
| Inner Mongolia Yuan Xing Energy Co Ltd (000683) | $8.26 Billion | 0.69% | 1.35x | $3.33 Billion |
About Guangdong Tianan New Material
Guangdong Tianan New Material Co., Ltd. research and development, design, production, and sales of building ceramics and polymer composite finishing material in China and internationally. It offers upholstery fabrics, including flat, blister, and coating films; auto decoration materials for car dashboard, car door panels, car seats, and automotive sun visors and blinds; Functional film, comprisin… Read more