Beijing Tianyishangjia New Material Corp Ltd Net Assets
Beijing Tianyishangjia New Material Corp Ltd net assets. Based on the latest financial reports, Beijing Tianyishangjia New Material Corp Ltd (688033) has net assets worth CN¥1.37 Billion CNY (≈ $200.92 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¥3.78 Billion ≈ $553.68 Million USD) and total liabilities (CN¥2.41 Billion ≈ $352.76 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 Beijing Tianyishangjia New Material Corp 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¥1.37 Billion |
| % of Total Assets | 36.29% |
| Annual Growth Rate | 4.36% |
| 5-Year Change | -44.78% |
| 10-Year Change | N/A |
| Growth Volatility | 47.64 |
Net Assets of Beijing Tianyishangjia New Material Corp Ltd (2016–2025)
Net assets of Beijing Tianyishangjia New Material Corp Ltd from 2016 to 2025. This chart illustrates how Beijing Tianyishangjia New Material Corp Ltd's net assets have evolved over time, based on quarterly financial data. See Beijing Tianyishangjia New Material Corp balance sheet quality to measure how much of total assets are equity-financed.
Annual Net Assets for Beijing Tianyishangjia New Material Corp Ltd (2016–2025)
The table below shows the annual net assets of Beijing Tianyishangjia New Material Corp Ltd from 2016 to 2025. For live market cap and overall valuation, see Beijing Tianyishangjia New Material Corp stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥1.46 Billion ≈ $213.68 Million |
-60.82% |
| 2024-12-31 | CN¥3.73 Billion ≈ $545.37 Million |
-29.96% |
| 2023-12-31 | CN¥5.32 Billion ≈ $778.65 Million |
+2.88% |
| 2022-12-31 | CN¥5.17 Billion ≈ $756.86 Million |
+95.61% |
| 2021-12-31 | CN¥2.64 Billion ≈ $386.93 Million |
+9.63% |
| 2020-12-31 | CN¥2.41 Billion ≈ $352.94 Million |
+2.94% |
| 2019-12-31 | CN¥2.34 Billion ≈ $342.88 Million |
+90.49% |
| 2018-12-31 | CN¥1.23 Billion ≈ $180.00 Million |
+18.88% |
| 2017-12-31 | CN¥1.03 Billion ≈ $151.42 Million |
+4.00% |
| 2016-12-31 | CN¥994.97 Million ≈ $145.60 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Beijing Tianyishangjia New Material Corp 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 2099.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Beijing Tianyishangjia New Material Corp Ltd Net Assets Breakdown (December 2025)
Beijing Tianyishangjia New Material Corp Ltd net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CN¥4.14 Billion | 293.39% |
| Total Equity | CN¥1.41 Billion | 100.00% |
Beijing Tianyishangjia New Material Corp Ltd Competitors by Market Cap
The table below lists competitors of Beijing Tianyishangjia New Material Corp Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dongjiang Environmental Co Ltd
SHE:002672
|
$447.67 Million |
|
Hap Seng Plantations Holdings Bhd
KLSE:5138
|
$447.73 Million |
|
Lanzhou Minbai Shareholding Group Co Ltd
SHG:600738
|
$447.86 Million |
|
Hunan Haili Chemical Co Ltd
SHG:600731
|
$448.18 Million |
|
Fujian Green Pine Co Ltd
SHE:300132
|
$447.50 Million |
|
Commercial Bancgroup, Inc. Common Stock
NASDAQ:CBK
|
$447.48 Million |
|
Network18 Media & Investments Limited
NSE:NETWORK18
|
$447.42 Million |
|
Euroseas Ltd
NASDAQ:ESEA
|
$447.34 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Beijing Tianyishangjia New Material Corp Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,667,934,028 to 1,411,410,328, a change of -2,256,523,700 (-61.5%).
- Net loss of 2,206,282,300 reduced equity.
- Dividend payments of 59,770,326 reduced retained earnings.
- Other comprehensive income decreased equity by 160,298,739.
- Other factors increased equity by 169,827,665.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-2.21 Billion | -156.32% |
| Dividends Paid | CN¥59.77 Million | -4.23% |
| Other Comprehensive Income | CN¥-160.30 Million | -11.36% |
| Other Changes | CN¥169.83 Million | +12.03% |
| Total Change | CN¥- | -61.52% |
Book Value vs Market Value Analysis
This analysis compares Beijing Tianyishangjia New Material Corp 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: 2.17x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.31x to 2.17x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | CN¥4.16 | CN¥5.44 | x |
| 2017-12-31 | CN¥2.58 | CN¥5.44 | x |
| 2018-12-31 | CN¥3.09 | CN¥5.44 | x |
| 2019-12-31 | CN¥5.54 | CN¥5.44 | x |
| 2020-12-31 | CN¥5.28 | CN¥5.44 | x |
| 2021-12-31 | CN¥5.77 | CN¥5.44 | x |
| 2022-12-31 | CN¥10.65 | CN¥5.44 | x |
| 2023-12-31 | CN¥9.07 | CN¥5.44 | x |
| 2024-12-31 | CN¥6.50 | CN¥5.44 | x |
| 2025-12-31 | CN¥2.51 | CN¥5.44 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Beijing Tianyishangjia New Material Corp 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): -156.32%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -323.00%
- • Asset Turnover: 0.17x
- • Equity Multiplier: 2.78x
- Recent ROE (-156.32%) is below the historical average (-10.54%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 19.55% | 41.53% | 0.44x | 1.07x | CN¥95.05 Million |
| 2017 | 21.45% | 43.76% | 0.46x | 1.08x | CN¥118.46 Million |
| 2018 | 21.39% | 47.16% | 0.41x | 1.10x | CN¥140.10 Million |
| 2019 | 11.55% | 46.53% | 0.23x | 1.09x | CN¥36.39 Million |
| 2020 | 4.73% | 27.54% | 0.16x | 1.07x | CN¥-127.35 Million |
| 2021 | 6.76% | 26.07% | 0.20x | 1.29x | CN¥-83.71 Million |
| 2022 | 3.47% | 17.99% | 0.14x | 1.34x | CN¥-333.67 Million |
| 2023 | 2.76% | 6.82% | 0.24x | 1.67x | CN¥-378.46 Million |
| 2024 | -40.77% | -195.97% | 0.12x | 1.76x | CN¥-1.86 Billion |
| 2025 | -156.32% | -323.00% | 0.17x | 2.78x | CN¥-2.35 Billion |
Industry Comparison
This section compares Beijing Tianyishangjia New Material Corp Ltd's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $1,249,032,205
- Average return on equity (ROE) among peers: 7.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Beijing Tianyishangjia New Material Corp Ltd (688033) | CN¥1.37 Billion | 19.55% | 1.76x | $447.53 Million |
| Chongqing Sanxia Paints Co Ltd (000565) | $1.05 Billion | 7.76% | 0.50x | $361.65 Million |
| Hengyi Petrochemical Co Ltd (000703) | $288.50 Million | 6.85% | 0.82x | $7.45 Billion |
| Guangdong Xinhui Meida Nylon Co Ltd (000782) | $1.49 Billion | 3.79% | 1.12x | $710.31 Million |
| Luxi Chemical Group Co Ltd (000830) | $979.59 Million | 7.26% | 1.13x | $3.06 Billion |
| China Minmetals Rare Earth Co Ltd (000831) | $2.20 Billion | 4.63% | 0.08x | $7.39 Billion |
| Anhui Guofeng Plastic Industry Co Ltd (000859) | $1.06 Billion | 1.91% | 0.87x | $1.01 Billion |
| Cofco Biochemical Anhui Co Ltd (000930) | $2.03 Billion | 2.67% | 2.54x | $1.30 Billion |
| Shandong Link Science and Technology Co Ltd (001207) | $242.92 Million | 18.39% | 1.38x | $758.53 Million |
| Zhejiang Transfar Co Ltd (002010) | $740.36 Million | 11.17% | 0.60x | $1.85 Billion |
| Poly Union Chemical Holding Group Co Ltd (002037) | $2.41 Billion | 6.28% | 2.25x | $465.20 Million |
About Beijing Tianyishangjia New Material Corp Ltd
Beijing Tianyishangjia New Material Corp., Ltd. researches, develops, manufactures, and sells powder metallurgy brake pads in China and internationally. It offers Carbon deflectors, powder metallurgy brakes, carbon ceramic coated discs, and magnetic material carbon ceramic box bow The company offers brake pads and brake shoes, resin-based carbon fiber composite products, carbon-based composite pr… Read more