Earth-Panda Advanced Magnetic Material Co Ltd (688077) - Net Assets
Based on the latest financial reports, Earth-Panda Advanced Magnetic Material Co Ltd (688077) has net assets worth CN¥1.11 Billion CNY (≈ $162.21 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥2.74 Billion ≈ $401.18 Million USD) and total liabilities (CN¥1.63 Billion ≈ $238.97 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 688077 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.11 Billion |
| % of Total Assets | 40.43% |
| Annual Growth Rate | 17.3% |
| 5-Year Change | 19.09% |
| 10-Year Change | 354.0% |
| Growth Volatility | 42.02 |
Earth-Panda Advanced Magnetic Material Co Ltd - Net Assets Trend (2014–2024)
This chart illustrates how Earth-Panda Advanced Magnetic Material Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore how large is Earth-Panda Advanced Magnetic Material C's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Earth-Panda Advanced Magnetic Material Co Ltd (2014–2024)
The table below shows the annual net assets of Earth-Panda Advanced Magnetic Material Co Ltd from 2014 to 2024. For live valuation and market cap data, see Earth-Panda Advanced Magnetic Material C market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.09 Billion ≈ $159.15 Million |
-3.23% |
| 2023-12-31 | CN¥1.12 Billion ≈ $164.46 Million |
-7.66% |
| 2022-12-31 | CN¥1.22 Billion ≈ $178.10 Million |
+11.98% |
| 2021-12-31 | CN¥1.09 Billion ≈ $159.05 Million |
+19.01% |
| 2020-12-31 | CN¥913.28 Million ≈ $133.64 Million |
+146.06% |
| 2019-12-31 | CN¥371.15 Million ≈ $54.31 Million |
+14.19% |
| 2018-12-31 | CN¥325.03 Million ≈ $47.56 Million |
+11.06% |
| 2017-12-31 | CN¥292.67 Million ≈ $42.83 Million |
+13.95% |
| 2016-12-31 | CN¥256.83 Million ≈ $37.58 Million |
+7.21% |
| 2015-12-31 | CN¥239.57 Million ≈ $35.06 Million |
+8.64% |
| 2014-12-31 | CN¥220.52 Million ≈ $32.27 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Earth-Panda Advanced Magnetic 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 grown by 228.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥436.16 Million | 41.01% |
| Common Stock | CN¥114.48 Million | 10.76% |
| Other Comprehensive Income | CN¥61.30 Million | 5.76% |
| Other Components | CN¥451.62 Million | 42.46% |
| Total Equity | CN¥1.06 Billion | 100.00% |
Earth-Panda Advanced Magnetic Material Co Ltd Competitors by Market Cap
The table below lists competitors of Earth-Panda Advanced Magnetic Material Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hunan Hansen Pharmaceutical Co Ltd
SHE:002412
|
$522.80 Million |
|
Smith & Wesson Brands Inc
NASDAQ:SWBI
|
$522.80 Million |
|
Suli Co Ltd
SHG:603585
|
$522.90 Million |
|
Swaraj Engines Limited
NSE:SWARAJENG
|
$522.90 Million |
|
Dongwon System
KO:014820
|
$522.61 Million |
|
Qualitas Ltd
AU:QAL
|
$522.53 Million |
|
Nanjing University Environmental
SHE:300864
|
$522.46 Million |
|
Beijing Forever Technology Co Ltd
SHE:300365
|
$522.28 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Earth-Panda Advanced Magnetic Material Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,095,531,845 to 1,063,555,530, a change of -31,976,315 (-2.9%).
- Net income of 31,873,366 contributed positively to equity growth.
- Dividend payments of 43,488,734 reduced retained earnings.
- Share repurchases of 62,213,121 reduced equity.
- Other comprehensive income decreased equity by 3,908,791.
- Other factors increased equity by 45,760,965.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥31.87 Million | +3.0% |
| Dividends Paid | CN¥43.49 Million | -4.09% |
| Share Repurchases | CN¥62.21 Million | -5.85% |
| Other Comprehensive Income | CN¥-3.91 Million | -0.37% |
| Other Changes | CN¥45.76 Million | +4.3% |
| Total Change | CN¥- | -2.92% |
Book Value vs Market Value Analysis
This analysis compares Earth-Panda Advanced Magnetic 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: 3.22x
- 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 12.14x to 3.22x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | CN¥2.57 | CN¥31.20 | x |
| 2015-12-31 | CN¥2.76 | CN¥31.20 | x |
| 2016-12-31 | CN¥3.07 | CN¥31.20 | x |
| 2017-12-31 | CN¥4.89 | CN¥31.20 | x |
| 2018-12-31 | CN¥5.40 | CN¥31.20 | x |
| 2019-12-31 | CN¥3.31 | CN¥31.20 | x |
| 2020-12-31 | CN¥8.15 | CN¥31.20 | x |
| 2021-12-31 | CN¥13.13 | CN¥31.20 | x |
| 2022-12-31 | CN¥10.45 | CN¥31.20 | x |
| 2023-12-31 | CN¥9.73 | CN¥31.20 | x |
| 2024-12-31 | CN¥9.68 | CN¥31.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Earth-Panda Advanced Magnetic 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): 3.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.42%
- • Asset Turnover: 0.52x
- • Equity Multiplier: 2.38x
- Recent ROE (3.00%) is below the historical average (10.11%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 13.06% | 7.97% | 0.74x | 2.23x | CN¥6.59 Million |
| 2015 | 10.63% | 6.51% | 0.78x | 2.11x | CN¥1.47 Million |
| 2016 | 11.86% | 9.08% | 0.65x | 2.02x | CN¥4.75 Million |
| 2017 | 15.32% | 9.31% | 0.83x | 1.99x | CN¥15.54 Million |
| 2018 | 12.77% | 7.08% | 0.93x | 1.94x | CN¥8.99 Million |
| 2019 | 15.63% | 9.19% | 0.80x | 2.11x | CN¥20.88 Million |
| 2020 | 5.72% | 6.67% | 0.54x | 1.60x | CN¥-39.13 Million |
| 2021 | 14.48% | 9.18% | 0.75x | 2.11x | CN¥47.04 Million |
| 2022 | 12.70% | 7.06% | 0.75x | 2.40x | CN¥31.84 Million |
| 2023 | -3.91% | -2.99% | 0.62x | 2.11x | CN¥-152.36 Million |
| 2024 | 3.00% | 2.42% | 0.52x | 2.38x | CN¥-74.48 Million |
Industry Comparison
This section compares Earth-Panda Advanced Magnetic Material Co Ltd's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $2,542,980,118
- Average return on equity (ROE) among peers: 6.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Earth-Panda Advanced Magnetic Material Co Ltd (688077) | CN¥1.11 Billion | 13.06% | 1.47x | $522.66 Million |
| XJ Electric Co Ltd (000400) | $1.49 Billion | 11.47% | 0.73x | $3.86 Billion |
| Guangdong Macro Co Ltd (000533) | $598.74 Million | 0.58% | 4.38x | $1.35 Billion |
| Foshan Electrical and Lighting Co Ltd (000541) | $2.84 Billion | 10.28% | 0.11x | $1.03 Billion |
| Dongfang Electronics Co Ltd (000682) | $1.27 Billion | 0.84% | 0.19x | $2.58 Billion |
| Shandong Xinneng Taishan Power Generation Co Ltd (000720) | $1.05 Billion | -0.83% | 4.35x | $864.19 Million |
| Huagong Tech Co Ltd (000988) | $7.43 Billion | 10.24% | 0.87x | $18.42 Billion |
| Hunan Valin Wire & Cable Co Ltd (001208) | $1.48 Billion | 7.41% | 1.41x | $1.82 Billion |
| Sieyuan Electric Co Ltd (002028) | $8.60 Billion | 13.93% | 0.62x | $23.55 Billion |
| Shanghai Welltech Automation Co Ltd (002058) | $175.70 Million | 4.41% | 0.38x | $525.19 Million |
| Gotion High tech Co Ltd (002074) | $497.13 Million | 7.34% | 0.88x | $10.24 Billion |
About Earth-Panda Advanced Magnetic Material Co Ltd
Earth-Panda Advanced Magnetic Material Co.,Ltd. engages in the research and development, production, and operation of rare-earth permanent magnetic materials in China. It offers sintered NdFeB; samarium cobalt permanent; and rubber magnets; as well as magnetic assemblies, such as EPS rotors of automobile steering system, automobile inductor series products, automobile interior decoration system, … Read more