Suzhou Xingye Material Tech
Suzhou Xingye Materials Technology Co.,Ltd. engages in the research, development, production, sale, and technical servicing of foundry functional new materials in China. It offers self-hardening furan resin, cold box resin, phenolic resin, inorganic binders, coating, smelting materials, foam ceramic filter, riser, and auxiliary materials. Suzhou Xingye Materials Technology Co.,Ltd. was founded in… Read more
Suzhou Xingye Material Tech (603928) - Net Assets
Latest net assets as of September 2025: CN¥1.55 Billion CNY
Based on the latest financial reports, Suzhou Xingye Material Tech (603928) has net assets worth CN¥1.55 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¥1.80 Billion) and total liabilities (CN¥247.06 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¥1.55 Billion |
| % of Total Assets | 86.25% |
| Annual Growth Rate | 12.19% |
| 5-Year Change | 8.18% |
| 10-Year Change | 183.36% |
| Growth Volatility | 23.87 |
Suzhou Xingye Material Tech - Net Assets Trend (2011–2024)
This chart illustrates how Suzhou Xingye Material Tech's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Suzhou Xingye Material Tech (2011–2024)
The table below shows the annual net assets of Suzhou Xingye Material Tech from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.51 Billion | -0.89% |
| 2023-12-31 | CN¥1.53 Billion | +2.56% |
| 2022-12-31 | CN¥1.49 Billion | -2.15% |
| 2021-12-31 | CN¥1.52 Billion | +8.76% |
| 2020-12-31 | CN¥1.40 Billion | +6.01% |
| 2019-12-31 | CN¥1.32 Billion | +6.50% |
| 2018-12-31 | CN¥1.24 Billion | +9.15% |
| 2017-12-31 | CN¥1.14 Billion | +9.15% |
| 2016-12-31 | CN¥1.04 Billion | +94.74% |
| 2015-12-31 | CN¥534.59 Million | +12.51% |
| 2014-12-31 | CN¥475.16 Million | +10.22% |
| 2013-12-31 | CN¥431.10 Million | +7.34% |
| 2012-12-31 | CN¥401.61 Million | +18.31% |
| 2011-12-31 | CN¥339.46 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Suzhou Xingye Material Tech'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 3129.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥642.34 Million | 42.40% |
| Common Stock | CN¥262.08 Million | 17.30% |
| Other Components | CN¥610.37 Million | 40.29% |
| Total Equity | CN¥1.51 Billion | 100.00% |
Suzhou Xingye Material Tech Competitors by Market Cap
The table below lists competitors of Suzhou Xingye Material Tech ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jiangsu Liance Electromechanical Technology Co. Ltd. A
SHG:688113
|
$194.47 Million |
|
Guangzhou Shangpin Home Collection Co Ltd
SHE:300616
|
$194.47 Million |
|
PHX Energy Services Corp
OTCQB:PHXHF
|
$194.54 Million |
|
Mo-BRUK S.A
PINK:MBRFF
|
$194.61 Million |
|
Octave Specialty Group, Inc.
NYSE:OSG
|
$194.31 Million |
|
Devsisters corporation
KQ:194480
|
$194.27 Million |
|
Wuzhou Special Paper Group Co. Ltd.
SHG:605007
|
$194.17 Million |
|
DAIKI ALUM. IND.
F:7YB
|
$194.16 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Suzhou Xingye Material Tech's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,528,326,570 to 1,514,784,076, a change of -13,542,494 (-0.9%).
- Net income of 40,518,608 contributed positively to equity growth.
- Dividend payments of 38,258,348 reduced retained earnings.
- Other factors decreased equity by 15,802,754.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥40.52 Million | +2.67% |
| Dividends Paid | CN¥38.26 Million | -2.53% |
| Other Changes | CN¥-15.80 Million | -1.04% |
| Total Change | CN¥- | -0.89% |
Book Value vs Market Value Analysis
This analysis compares Suzhou Xingye Material Tech'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: 2.79x
- 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 6.90x to 2.79x 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¥2.27 | CN¥15.63 | x |
| 2012-12-31 | CN¥2.65 | CN¥15.63 | x |
| 2013-12-31 | CN¥2.87 | CN¥15.63 | x |
| 2014-12-31 | CN¥3.17 | CN¥15.63 | x |
| 2015-12-31 | CN¥3.54 | CN¥15.63 | x |
| 2016-12-31 | CN¥6.86 | CN¥15.63 | x |
| 2017-12-31 | CN¥5.62 | CN¥15.63 | x |
| 2018-12-31 | CN¥6.11 | CN¥15.63 | x |
| 2019-12-31 | CN¥6.55 | CN¥15.63 | x |
| 2020-12-31 | CN¥6.95 | CN¥15.63 | x |
| 2021-12-31 | CN¥7.55 | CN¥15.63 | x |
| 2022-12-31 | CN¥7.39 | CN¥15.63 | x |
| 2023-12-31 | CN¥5.84 | CN¥15.63 | x |
| 2024-12-31 | CN¥5.61 | CN¥15.63 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Suzhou Xingye Material Tech 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): 2.67%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.73%
- • Asset Turnover: 0.86x
- • Equity Multiplier: 1.14x
- Recent ROE (2.67%) is below the historical average (12.10%), 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 | 21.62% | 7.78% | 1.48x | 1.88x | CN¥39.45 Million |
| 2012 | 15.44% | 8.35% | 1.35x | 1.37x | CN¥21.87 Million |
| 2013 | 17.10% | 8.92% | 1.28x | 1.50x | CN¥30.60 Million |
| 2014 | 18.64% | 9.63% | 1.49x | 1.30x | CN¥41.05 Million |
| 2015 | 20.36% | 13.34% | 1.22x | 1.25x | CN¥55.38 Million |
| 2016 | 9.91% | 12.57% | 0.68x | 1.15x | CN¥-914.93K |
| 2017 | 11.92% | 10.56% | 0.90x | 1.25x | CN¥21.86 Million |
| 2018 | 11.78% | 9.72% | 0.93x | 1.30x | CN¥22.13 Million |
| 2019 | 10.04% | 10.28% | 0.84x | 1.17x | CN¥525.81K |
| 2020 | 8.56% | 8.20% | 0.89x | 1.17x | CN¥-20.23 Million |
| 2021 | 8.51% | 6.57% | 1.04x | 1.24x | CN¥-22.62 Million |
| 2022 | 7.80% | 6.50% | 0.89x | 1.35x | CN¥-32.77 Million |
| 2023 | 4.97% | 5.06% | 0.82x | 1.20x | CN¥-76.89 Million |
| 2024 | 2.67% | 2.73% | 0.86x | 1.14x | CN¥-110.96 Million |
Industry Comparison
This section compares Suzhou Xingye Material Tech'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 |
|---|---|---|---|---|
| Suzhou Xingye Material Tech (603928) | CN¥1.55 Billion | 21.62% | 0.16x | $194.39 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 |