Chongqing Sifang New Material Co. Ltd. (605122) - Net Assets
Based on the latest financial reports, Chongqing Sifang New Material Co. Ltd. (605122) has net assets worth CN¥2.02 Billion CNY (≈ $294.90 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¥3.73 Billion ≈ $546.07 Million USD) and total liabilities (CN¥1.72 Billion ≈ $251.17 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. See how leveraged is Chongqing Sifang New Material Co. Ltd.'s balance sheet to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.02 Billion |
| % of Total Assets | 54.0% |
| Annual Growth Rate | 21.42% |
| 5-Year Change | 100.37% |
| 10-Year Change | N/A |
| Growth Volatility | 51.19 |
Chongqing Sifang New Material Co. Ltd. - Net Assets Trend (2019–2024)
This chart illustrates how Chongqing Sifang New Material Co. Ltd.'s net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Chongqing Sifang New Material Co. Ltd. (605122) total market value.
Annual Net Assets for Chongqing Sifang New Material Co. Ltd. (2019–2024)
The table below shows the annual net assets of Chongqing Sifang New Material Co. Ltd. from 2019 to 2024. Also explore how fast is Chongqing Sifang New Material Co. Ltd. growing its equity to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.04 Billion ≈ $299.21 Million |
-7.98% |
| 2023-12-31 | CN¥2.22 Billion ≈ $325.15 Million |
+0.56% |
| 2022-12-31 | CN¥2.21 Billion ≈ $323.33 Million |
-4.96% |
| 2021-12-31 | CN¥2.32 Billion ≈ $340.21 Million |
+127.82% |
| 2020-12-31 | CN¥1.02 Billion ≈ $149.33 Million |
+31.76% |
| 2019-12-31 | CN¥774.49 Million ≈ $113.33 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Chongqing Sifang New Material 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 decreased by 0.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥427.56 Million | 20.90% |
| Other Components | CN¥1.62 Billion | 79.10% |
| Total Equity | CN¥2.05 Billion | 100.00% |
Chongqing Sifang New Material Co. Ltd. Competitors by Market Cap
The table below lists competitors of Chongqing Sifang New Material Co. Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
RPSG VENTURES LIMITED
NSE:RPSGVENT
|
$301.16 Million |
|
Cohen Circle Acquisition Corp. I Class A Ordinary Shares
NASDAQ:CCIR
|
$301.18 Million |
|
TRANSILVANIA INVESTMENTS ALLIANCE S.A.
RO:TRANSI
|
$301.23 Million |
|
Materialise NV
F:06MA
|
$301.24 Million |
|
Sword Group S.E
PA:SWP
|
$301.02 Million |
|
JW Pharmaceutical Corp
KO:001065
|
$300.97 Million |
|
Zoy Home Furnishing Co Ltd
SHG:603709
|
$300.97 Million |
|
Nilkamal Limited
NSE:NILKAMAL
|
$300.94 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Chongqing Sifang New Material Co. Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,215,053,917 to 2,045,844,282, a change of -169,209,635 (-7.6%).
- Net loss of 164,117,259 reduced equity.
- Dividend payments of 31,652,754 reduced retained earnings.
- Other factors increased equity by 26,560,377.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-164.12 Million | -8.02% |
| Dividends Paid | CN¥31.65 Million | -1.55% |
| Other Changes | CN¥26.56 Million | +1.3% |
| Total Change | CN¥- | -7.64% |
Book Value vs Market Value Analysis
This analysis compares Chongqing Sifang New Material 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: 1.01x
- 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 1.99x to 1.01x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | CN¥6.00 | CN¥11.94 | x |
| 2020-12-31 | CN¥7.91 | CN¥11.94 | x |
| 2021-12-31 | CN¥13.42 | CN¥11.94 | x |
| 2022-12-31 | CN¥12.78 | CN¥11.94 | x |
| 2023-12-31 | CN¥12.85 | CN¥11.94 | x |
| 2024-12-31 | CN¥11.87 | CN¥11.94 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Chongqing Sifang New Material 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): -8.02%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -11.62%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 1.93x
- Recent ROE (-8.02%) is below the historical average (7.98%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 30.08% | 15.27% | 0.74x | 2.65x | CN¥155.56 Million |
| 2020 | 23.88% | 20.67% | 0.56x | 2.07x | CN¥141.67 Million |
| 2021 | 5.79% | 9.91% | 0.38x | 1.53x | CN¥-97.41 Million |
| 2022 | -4.43% | -5.90% | 0.38x | 1.98x | CN¥-317.78 Million |
| 2023 | 0.59% | 0.65% | 0.44x | 2.03x | CN¥-208.54 Million |
| 2024 | -8.02% | -11.62% | 0.36x | 1.93x | CN¥-368.70 Million |
Industry Comparison
This section compares Chongqing Sifang New Material Co. Ltd.'s net assets metrics with peer companies in the Building Materials industry.
Industry Context
- Industry: Building Materials
- Average net assets among peers: $11,717,945,949
- Average return on equity (ROE) among peers: -4.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chongqing Sifang New Material Co. Ltd. (605122) | CN¥2.02 Billion | 30.08% | 0.85x | $301.14 Million |
| CSG Holding Co Ltd (000012) | $4.81 Billion | 8.73% | 1.16x | $1.08 Billion |
| Tangshan Jidong Cement Co Ltd (000401) | $1.60 Billion | 6.61% | 1.09x | $1.38 Billion |
| Gansu Shangfeng Cement Co Ltd (000672) | $93.07 Million | 11.07% | 1.68x | $2.19 Billion |
| Jiangxi Wannianqing Cement Co Ltd (000789) | $4.09 Billion | 6.08% | 1.20x | $481.91 Million |
| Xinjiang Tianshan Cement Co Ltd (000877) | $93.58 Billion | 13.88% | 1.77x | $3.84 Billion |
| Sinostone Guangdong Co Ltd (001212) | $1.36 Billion | 10.39% | 0.16x | $1.14 Billion |
| Ruitai Materials Technology Co Ltd (002066) | $242.36 Million | 9.92% | 1.02x | $697.80 Million |
| Guangdong Tapai Group Co Ltd (002233) | $8.19 Billion | 8.81% | 0.20x | $1.23 Billion |
| China West Construction Group Co Ltd (002302) | $955.12 Million | 8.30% | 0.52x | $870.04 Million |
| Hubei Guochuang Hi-tech Material Co Ltd (002377) | $2.27 Billion | -131.26% | 0.51x | $408.97 Million |
About Chongqing Sifang New Material Co. Ltd.
Chongqing Sifang New Material Co., Ltd. engages in the research, development, production, and sale of commercial concrete in China. The company also produces sand and gravel aggregates for construction. It integrates industrial chain operation of sand and gravel aggregate mining, dry-mixed mortar, asphalt, water-stabilized layers, and prefabricated buildings. Its products are used in real estate … Read more