Beijing Tianyishangjia New Material Corp Ltd (688033) - Net Assets

Latest as of March 2026: CN¥1.37 Billion CNY ≈ $200.92 Million USD

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. Check Beijing Tianyishangjia New Material Corp (688033) strategic investment index to assess the company's strategic physical and investment asset allocation.

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

Beijing Tianyishangjia New Material Corp Ltd - Net Assets Trend (2016–2025)

This chart illustrates how Beijing Tianyishangjia New Material Corp Ltd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market cap of Beijing Tianyishangjia New Material Corp.

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. Also explore Beijing Tianyishangjia New Material Corp (688033) equity growth momentum to track the company's year-over-year net asset growth rate.

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.

Current Equity Component Breakdown (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
Zhejiang Netsun Co Ltd SHE:002095	$599.83 Million
WhiteHawk Minerals Corp. NYSE:WHK	$599.98 Million
Granite Ridge Resources Inc NYSE:GRNT	$600.15 Million
Seche Environnem. PA:SCHP	$600.25 Million
Dingli Communications Corp Ltd SHE:300050	$599.56 Million
Bichamp Cutting Technology Hunan Co Ltd SHE:002843	$598.97 Million
Bit Digital Inc NASDAQ:BTBT	$598.65 Million
Kyung Dong Navien Co Ltd KO:009450	$598.45 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: 2.91x
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 1.75x to 2.91x 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¥7.29	x
2017-12-31	CN¥2.58	CN¥7.29	x
2018-12-31	CN¥3.09	CN¥7.29	x
2019-12-31	CN¥5.54	CN¥7.29	x
2020-12-31	CN¥5.28	CN¥7.29	x
2021-12-31	CN¥5.77	CN¥7.29	x
2022-12-31	CN¥10.65	CN¥7.29	x
2023-12-31	CN¥9.07	CN¥7.29	x
2024-12-31	CN¥6.50	CN¥7.29	x
2025-12-31	CN¥2.51	CN¥7.29	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: $1,387,505,556
Average return on equity (ROE) among peers: 6.44%

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	$599.73 Million
Chongqing Sanxia Paints Co Ltd (000565)	$665.79 Million	5.30%	1.14x	$430.81 Million
Hengyi Petrochemical Co Ltd (000703)	$187.55 Million	-10.77%	0.62x	$10.11 Billion
Guangdong Xinhui Meida Nylon Co Ltd (000782)	$552.98 Million	12.21%	1.11x	$830.87 Million
Luxi Chemical Group Co Ltd (000830)	$910.26 Million	5.22%	1.06x	$3.32 Billion
China Minmetals Rare Earth Co Ltd (000831)	$996.00 Million	10.15%	2.50x	$8.48 Billion
Anhui Guofeng Plastic Industry Co Ltd (000859)	$1.39 Billion	0.45%	0.38x	$1.25 Billion
Cofco Biochemical Anhui Co Ltd (000930)	$2.94 Billion	12.08%	1.20x	$1.47 Billion
Shandong Link Science and Technology Co Ltd (001207)	$198.24 Million	18.03%	1.03x	$826.84 Million
Zhejiang Transfar Co Ltd (002010)	$1.88 Billion	8.19%	0.59x	$1.85 Billion
Poly Union Chemical Holding Group Co Ltd (002037)	$4.15 Billion	3.53%	2.08x	$497.78 Million

About Beijing Tianyishangjia New Material Corp Ltd

SHG:688033 China Specialty Chemicals

Market Cap

$599.73 Million

CN¥4.10 Billion CNY

Market Cap Rank

#11475 Global

#3270 in China

Share Price

CN¥7.29

Change (1 day)

+0.14%

52-Week Range

CN¥5.47 - CN¥12.10

All Time High

CN¥58.02