Qingdao Copton Technology Co Ltd
Qingdao Copton Technology Company Limited, together with its subsidiaries, provides lubricating oil and automotive maintenance products in China. The company offers lubricating oil for passenger and commercial vehicles, motorcycles, construction machinery, marine, and agriculture equipment. It also provides lubricating grease, antifreeze, urea for vehicles, brake fluid, and other products. The co… Read more
Qingdao Copton Technology Co Ltd (603798) - Net Assets
Latest net assets as of September 2025: CN¥1.20 Billion CNY
Based on the latest financial reports, Qingdao Copton Technology Co Ltd (603798) has net assets worth CN¥1.20 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¥1.37 Billion) and total liabilities (CN¥169.56 Million). 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¥1.20 Billion |
| % of Total Assets | 87.66% |
| Annual Growth Rate | 16.64% |
| 5-Year Change | 17.28% |
| 10-Year Change | 249.13% |
| Growth Volatility | 32.91 |
Qingdao Copton Technology Co Ltd - Net Assets Trend (2011–2024)
This chart illustrates how Qingdao Copton 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 Qingdao Copton Technology Co Ltd (2011–2024)
The table below shows the annual net assets of Qingdao Copton Technology Co Ltd from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.18 Billion | +1.65% |
| 2023-12-31 | CN¥1.16 Billion | +3.26% |
| 2022-12-31 | CN¥1.12 Billion | +3.16% |
| 2021-12-31 | CN¥1.09 Billion | +8.30% |
| 2020-12-31 | CN¥1.01 Billion | +9.11% |
| 2019-12-31 | CN¥921.77 Million | +4.75% |
| 2018-12-31 | CN¥879.98 Million | +4.25% |
| 2017-12-31 | CN¥844.12 Million | +8.98% |
| 2016-12-31 | CN¥774.59 Million | +129.27% |
| 2015-12-31 | CN¥337.85 Million | +32.61% |
| 2014-12-31 | CN¥254.78 Million | +16.97% |
| 2013-12-31 | CN¥217.81 Million | +7.22% |
| 2012-12-31 | CN¥203.14 Million | +27.45% |
| 2011-12-31 | CN¥159.38 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Qingdao Copton 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 7114.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥668.36 Million | 58.88% |
| Common Stock | CN¥256.45 Million | 22.59% |
| Other Comprehensive Income | CN¥66.23 Million | 5.83% |
| Other Components | CN¥144.10 Million | 12.69% |
| Total Equity | CN¥1.14 Billion | 100.00% |
Qingdao Copton Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Qingdao Copton Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ningbo Water Meter Co Ltd
SHG:603700
|
$215.41 Million |
|
Xiongan Kerong Environment Technology Co Ltd
SHE:300152
|
$215.47 Million |
|
MHP SE
PINK:MHPSY
|
$215.47 Million |
|
Zura Bio Limited Class A Ordinary Shares
NASDAQ:ZURA
|
$215.48 Million |
|
Weebit Nano Limited
PINK:WBTNF
|
$215.35 Million |
|
HomeStreet Inc
NASDAQ:HMST
|
$215.35 Million |
|
Shanghai Laiyifen Co Ltd
SHG:603777
|
$215.35 Million |
|
Shofu Inc.
F:69W
|
$215.32 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Qingdao Copton Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,126,399,524 to 1,135,141,531, a change of 8,742,007 (0.8%).
- Net income of 54,640,602 contributed positively to equity growth.
- Dividend payments of 15,945,649 reduced retained earnings.
- Share repurchases of 30,008,107 reduced equity.
- Other comprehensive income increased equity by 1,131,479.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥54.64 Million | +4.81% |
| Dividends Paid | CN¥15.95 Million | -1.4% |
| Share Repurchases | CN¥30.01 Million | -2.64% |
| Other Comprehensive Income | CN¥1.13 Million | +0.1% |
| Other Changes | CN¥-1.08 Million | -0.09% |
| Total Change | CN¥- | 0.78% |
Book Value vs Market Value Analysis
This analysis compares Qingdao Copton 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: 3.20x
- 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 17.85x to 3.20x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | CN¥0.78 | CN¥13.97 | x |
| 2012-12-31 | CN¥1.03 | CN¥13.97 | x |
| 2013-12-31 | CN¥1.11 | CN¥13.97 | x |
| 2014-12-31 | CN¥1.31 | CN¥13.97 | x |
| 2015-12-31 | CN¥1.73 | CN¥13.97 | x |
| 2016-12-31 | CN¥3.21 | CN¥13.97 | x |
| 2017-12-31 | CN¥3.26 | CN¥13.97 | x |
| 2018-12-31 | CN¥3.39 | CN¥13.97 | x |
| 2019-12-31 | CN¥3.58 | CN¥13.97 | x |
| 2020-12-31 | CN¥3.91 | CN¥13.97 | x |
| 2021-12-31 | CN¥4.25 | CN¥13.97 | x |
| 2022-12-31 | CN¥4.28 | CN¥13.97 | x |
| 2023-12-31 | CN¥4.48 | CN¥13.97 | x |
| 2024-12-31 | CN¥4.36 | CN¥13.97 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Qingdao Copton 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): 4.81%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.12%
- • Asset Turnover: 0.77x
- • Equity Multiplier: 1.22x
- Recent ROE (4.81%) is below the historical average (15.07%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 28.51% | 8.55% | 1.16x | 2.87x | CN¥28.15 Million |
| 2012 | 24.92% | 8.58% | 1.54x | 1.88x | CN¥30.31 Million |
| 2013 | 27.33% | 8.93% | 1.79x | 1.71x | CN¥37.74 Million |
| 2014 | 26.19% | 9.48% | 1.63x | 1.70x | CN¥41.25 Million |
| 2015 | 24.71% | 11.74% | 1.37x | 1.54x | CN¥49.68 Million |
| 2016 | 14.61% | 13.79% | 0.89x | 1.19x | CN¥35.69 Million |
| 2017 | 14.16% | 13.35% | 0.87x | 1.22x | CN¥35.12 Million |
| 2018 | 8.62% | 8.95% | 0.85x | 1.13x | CN¥-12.14 Million |
| 2019 | 9.16% | 8.73% | 0.92x | 1.14x | CN¥-7.73 Million |
| 2020 | 10.43% | 11.42% | 0.79x | 1.16x | CN¥4.31 Million |
| 2021 | 9.70% | 9.53% | 0.88x | 1.16x | CN¥-3.30 Million |
| 2022 | 3.61% | 5.00% | 0.60x | 1.20x | CN¥-70.07 Million |
| 2023 | 4.24% | 3.99% | 0.88x | 1.21x | CN¥-64.85 Million |
| 2024 | 4.81% | 5.12% | 0.77x | 1.22x | CN¥-58.87 Million |
Industry Comparison
This section compares Qingdao Copton 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: $1,775,158,628
- Average return on equity (ROE) among peers: -19.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Qingdao Copton Technology Co Ltd (603798) | CN¥1.20 Billion | 28.51% | 0.14x | $215.37 Million |
| Chongqing Sanxia Paints Co Ltd (000565) | $390.80 Million | 1.64% | 0.47x | $289.82 Million |
| Hengyi Petrochemical Co Ltd (000703) | $246.42 Million | -7.64% | 1.62x | $1.44 Billion |
| Guangdong Xinhui Meida Nylon Co Ltd (000782) | $472.56 Million | 10.49% | 1.13x | $361.89 Million |
| Luxi Chemical Group Co Ltd (000830) | $120.60 Million | 41.32% | 1.30x | $2.28 Billion |
| China Minmetals Rare Earth Co Ltd (000831) | $234.51 Million | -303.65% | 8.65x | $5.40 Billion |
| Anhui Guofeng Plastic Industry Co Ltd (000859) | $2.70 Billion | 10.47% | 0.21x | $884.45 Million |
| Cofco Biochemical Anhui Co Ltd (000930) | $11.76 Billion | 9.61% | 0.54x | $815.97 Million |
| Shandong Link Science and Technology Co Ltd (001207) | $441.43 Million | 14.99% | 1.14x | $330.19 Million |
| Zhejiang Bofay Elec Co Ltd (001255) | $742.80 Million | 1.78% | 0.61x | $169.49 Million |
| Guangdong Decro Film New (001378) | $647.89 Million | 29.53% | 0.22x | $241.78 Million |