Suzhou Shihua New Material Technology Co Ltd (688093) - Net Assets
Based on the latest financial reports, Suzhou Shihua New Material Technology Co Ltd (688093) has net assets worth CN¥2.87 Billion CNY (≈ $420.00 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¥2.99 Billion ≈ $437.49 Million USD) and total liabilities (CN¥119.49 Million ≈ $17.48 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 balance sheet size of Suzhou Shihua New Material Technology Co for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.87 Billion |
| % of Total Assets | 96.0% |
| Annual Growth Rate | 47.05% |
| 5-Year Change | 123.65% |
| 10-Year Change | N/A |
| Growth Volatility | 90.27 |
Suzhou Shihua New Material Technology Co Ltd - Net Assets Trend (2017–2025)
This chart illustrates how Suzhou Shihua New Material Technology Co Ltd's net assets have evolved over time, based on quarterly financial data. Check tangible net worth ratio of Suzhou Shihua New Material Technology Co to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Suzhou Shihua New Material Technology Co Ltd (2017–2025)
The table below shows the annual net assets of Suzhou Shihua New Material Technology Co Ltd from 2017 to 2025. For live valuation and market cap data, see market value of Suzhou Shihua New Material Technology Co.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥2.79 Billion ≈ $408.37 Million |
+42.49% |
| 2024-12-31 | CN¥1.96 Billion ≈ $286.59 Million |
+3.53% |
| 2023-12-31 | CN¥1.89 Billion ≈ $276.82 Million |
+33.70% |
| 2022-12-31 | CN¥1.41 Billion ≈ $207.05 Million |
+13.39% |
| 2021-12-31 | CN¥1.25 Billion ≈ $182.59 Million |
+14.27% |
| 2020-12-31 | CN¥1.09 Billion ≈ $159.79 Million |
+296.22% |
| 2019-12-31 | CN¥275.60 Million ≈ $40.33 Million |
+29.30% |
| 2018-12-31 | CN¥213.16 Million ≈ $31.19 Million |
+66.95% |
| 2017-12-31 | CN¥127.68 Million ≈ $18.68 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Suzhou Shihua New Material Technology 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 878.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥835.61 Million | 29.94% |
| Other Components | CN¥1.96 Billion | 70.06% |
| Total Equity | CN¥2.79 Billion | 100.00% |
Suzhou Shihua New Material Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Suzhou Shihua New Material Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Guangdong Shunkong Development Co Ltd
SHE:003039
|
$1.04 Billion |
|
HannStar Board Corp
TW:5469
|
$1.04 Billion |
|
Nordic American Tankers Limited
F:B3O
|
$1.04 Billion |
|
Three's Company Media Group Co Ltd
SHG:605168
|
$1.04 Billion |
|
Tejas Networks Limited
NSE:TEJASNET
|
$1.04 Billion |
|
Data 3 Ltd
AU:DTL
|
$1.04 Billion |
|
Burke & Herbert Financial Services Corp. Common Stock
NASDAQ:BHRB
|
$1.04 Billion |
|
SM Entertainment Co. Ltd
KQ:041510
|
$1.04 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Suzhou Shihua New Material Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,958,527,266 to 2,790,692,234, a change of 832,164,968 (42.5%).
- Net income of 398,914,400 contributed positively to equity growth.
- Dividend payments of 153,244,727 reduced retained earnings.
- Other comprehensive income decreased equity by 103,290,649.
- Other factors increased equity by 689,785,945.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥398.91 Million | +14.29% |
| Dividends Paid | CN¥153.24 Million | -5.49% |
| Other Comprehensive Income | CN¥-103.29 Million | -3.7% |
| Other Changes | CN¥689.79 Million | +24.72% |
| Total Change | CN¥- | 42.49% |
Book Value vs Market Value Analysis
This analysis compares Suzhou Shihua New Material Technology 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: 2.44x
- 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 25.88x to 2.44x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥0.98 | CN¥25.39 | x |
| 2018-12-31 | CN¥1.17 | CN¥25.39 | x |
| 2019-12-31 | CN¥1.52 | CN¥25.39 | x |
| 2020-12-31 | CN¥5.57 | CN¥25.39 | x |
| 2021-12-31 | CN¥5.21 | CN¥25.39 | x |
| 2022-12-31 | CN¥5.88 | CN¥25.39 | x |
| 2023-12-31 | CN¥7.53 | CN¥25.39 | x |
| 2024-12-31 | CN¥7.49 | CN¥25.39 | x |
| 2025-12-31 | CN¥10.42 | CN¥25.39 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Suzhou Shihua New Material Technology 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): 14.29%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 36.71%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 1.06x
- Recent ROE (14.29%) is below the historical average (22.91%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 72.42% | 39.63% | 1.05x | 1.74x | CN¥79.86 Million |
| 2018 | 25.70% | 21.38% | 0.96x | 1.26x | CN¥33.46 Million |
| 2019 | 29.60% | 33.85% | 0.61x | 1.44x | CN¥54.02 Million |
| 2020 | 11.81% | 39.19% | 0.28x | 1.08x | CN¥19.72 Million |
| 2021 | 14.77% | 43.32% | 0.32x | 1.07x | CN¥59.50 Million |
| 2022 | 13.10% | 40.10% | 0.31x | 1.04x | CN¥43.88 Million |
| 2023 | 10.23% | 37.82% | 0.25x | 1.10x | CN¥4.28 Million |
| 2024 | 14.28% | 35.19% | 0.37x | 1.09x | CN¥83.81 Million |
| 2025 | 14.29% | 36.71% | 0.37x | 1.06x | CN¥119.85 Million |
Industry Comparison
This section compares Suzhou Shihua New Material Technology Co Ltd's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $2,231,148,045
- Average return on equity (ROE) among peers: 4.79%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Suzhou Shihua New Material Technology Co Ltd (688093) | CN¥2.87 Billion | 72.42% | 0.04x | $1.04 Billion |
| Chongqing Sanxia Paints Co Ltd (000565) | $130.12 Million | 5.93% | 1.23x | $343.89 Million |
| Hengyi Petrochemical Co Ltd (000703) | $245.33 Million | 2.71% | 1.01x | $7.97 Billion |
| Guangdong Xinhui Meida Nylon Co Ltd (000782) | $1.26 Billion | -11.33% | 1.70x | $605.82 Million |
| Luxi Chemical Group Co Ltd (000830) | $5.30 Billion | 6.40% | 2.00x | $3.41 Billion |
| China Minmetals Rare Earth Co Ltd (000831) | $964.25 Million | 11.21% | 1.34x | $7.33 Billion |
| Anhui Guofeng Plastic Industry Co Ltd (000859) | $2.70 Billion | 10.47% | 0.21x | $915.14 Million |
| Cofco Biochemical Anhui Co Ltd (000930) | $9.65 Billion | 5.01% | 1.10x | $1.25 Billion |
| Shandong Link Science and Technology Co Ltd (001207) | $76.39 Million | 0.00% | 0.50x | $653.85 Million |
| Zhejiang Transfar Co Ltd (002010) | $1.50 Billion | 9.56% | 0.29x | $1.84 Billion |
| Poly Union Chemical Holding Group Co Ltd (002037) | $490.45 Million | 7.95% | 0.50x | $415.64 Million |
About Suzhou Shihua New Material Technology Co Ltd
Suzhou Shihua New Material Technology Co., Ltd. engages in the design, development, manufacture, and sale of functional materials in China. The company offers electronic composite functional materials, display module materials, and adhesives, as well as battery, wireless charge module, display, frame, camera/speaker, FPC, CPU, touch panel, keyboard, and display tape products. Its products are use… Read more