Shaanxi Sirui Advanced Materials Co. Ltd. A (688102) - Net Assets
Based on the latest financial reports, Shaanxi Sirui Advanced Materials Co. Ltd. A (688102) has net assets worth CN¥1.26 Billion CNY (≈ $184.89 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¥2.49 Billion ≈ $364.77 Million USD) and total liabilities (CN¥1.23 Billion ≈ $179.89 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 Shaanxi Sirui Advanced Materials Co. Ltd (688102) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.26 Billion |
| % of Total Assets | 50.68% |
| Annual Growth Rate | 29.43% |
| 5-Year Change | 121.58% |
| 10-Year Change | N/A |
| Growth Volatility | 29.19 |
Shaanxi Sirui Advanced Materials Co. Ltd. A - Net Assets Trend (2019–2024)
This chart illustrates how Shaanxi Sirui Advanced Materials Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. Also explore Shaanxi Sirui Advanced Materials Co. Ltd balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Shaanxi Sirui Advanced Materials Co. Ltd. A (2019–2024)
The table below shows the annual net assets of Shaanxi Sirui Advanced Materials Co. Ltd. A from 2019 to 2024. For live valuation and market cap data, see 688102 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.16 Billion ≈ $169.84 Million |
+6.42% |
| 2023-12-31 | CN¥1.09 Billion ≈ $159.59 Million |
+7.93% |
| 2022-12-31 | CN¥1.01 Billion ≈ $147.87 Million |
+72.08% |
| 2021-12-31 | CN¥587.22 Million ≈ $85.93 Million |
+12.11% |
| 2020-12-31 | CN¥523.80 Million ≈ $76.65 Million |
+64.01% |
| 2019-12-31 | CN¥319.38 Million ≈ $46.74 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shaanxi Sirui Advanced Materials Co. Ltd. A'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 499.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥310.22 Million | 27.87% |
| Other Components | CN¥802.80 Million | 72.13% |
| Total Equity | CN¥1.11 Billion | 100.00% |
Shaanxi Sirui Advanced Materials Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Shaanxi Sirui Advanced Materials Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Angel Yeast Co Ltd
SHG:600298
|
$4.82 Billion |
|
Rising Nonferrous Metals Share Co Ltd
SHG:600259
|
$4.83 Billion |
|
Arkema SA
PA:AKE
|
$4.83 Billion |
|
Hisense Electric Co Ltd
SHG:600060
|
$4.83 Billion |
|
Sichuan Chemical Co Ltd
SHE:000155
|
$4.82 Billion |
|
INTERCORP FIN.SERV. O.N.
F:9IFA
|
$4.82 Billion |
|
Telephone and Data Systems Inc
NYSE:TDS
|
$4.80 Billion |
|
Umicore S.A.
BR:UMI
|
$4.80 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shaanxi Sirui Advanced Materials Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,055,929,877 to 1,113,026,771, a change of 57,096,894 (5.4%).
- Net income of 114,240,915 contributed positively to equity growth.
- Dividend payments of 59,063,256 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥114.24 Million | +10.26% |
| Dividends Paid | CN¥59.06 Million | -5.31% |
| Other Changes | CN¥1.92 Million | +0.17% |
| Total Change | CN¥- | 5.41% |
Book Value vs Market Value Analysis
This analysis compares Shaanxi Sirui Advanced Materials Co. Ltd. A'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: 27.71x
- 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 increased from 7.97x to 27.71x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | CN¥5.32 | CN¥42.40 | x |
| 2020-12-31 | CN¥0.80 | CN¥42.40 | x |
| 2021-12-31 | CN¥0.90 | CN¥42.40 | x |
| 2022-12-31 | CN¥1.37 | CN¥42.40 | x |
| 2023-12-31 | CN¥1.45 | CN¥42.40 | x |
| 2024-12-31 | CN¥1.53 | CN¥42.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shaanxi Sirui Advanced Materials Co. Ltd. A 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): 10.26%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.59%
- • Asset Turnover: 0.62x
- • Equity Multiplier: 1.92x
- Recent ROE (10.26%) is above the historical average (9.62%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 9.55% | 5.39% | 0.74x | 2.39x | CN¥-1.43 Million |
| 2020 | 9.95% | 7.65% | 0.64x | 2.02x | CN¥-274.43K |
| 2021 | 10.80% | 6.54% | 0.76x | 2.18x | CN¥4.68 Million |
| 2022 | 7.85% | 7.85% | 0.66x | 1.51x | CN¥-21.36 Million |
| 2023 | 9.31% | 8.34% | 0.69x | 1.62x | CN¥-7.25 Million |
| 2024 | 10.26% | 8.59% | 0.62x | 1.92x | CN¥2.94 Million |
Industry Comparison
This section compares Shaanxi Sirui Advanced Materials Co. Ltd. A's net assets metrics with peer companies in the Copper industry.
Industry Context
- Industry: Copper
- Average net assets among peers: $11,269,710,064
- Average return on equity (ROE) among peers: 5.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shaanxi Sirui Advanced Materials Co. Ltd. A (688102) | CN¥1.26 Billion | 9.55% | 0.97x | $4.82 Billion |
| Tongling Nonferrous Metals Group Co Ltd (000630) | $18.58 Billion | 2.89% | 1.57x | $12.75 Billion |
| North Copper Shanxi Co Ltd (000737) | $990.12 Million | -67.62% | 2.77x | $4.15 Billion |
| Yunnan Copper Co Ltd (000878) | $5.71 Billion | 29.88% | 2.46x | $7.09 Billion |
| Zhejiang Hailiang Co Ltd (002203) | $10.21 Billion | 6.64% | 1.58x | $6.64 Billion |
| Nanjing Hanrui Cobalt Co Ltd (300618) | $1.90 Billion | 37.26% | 0.82x | $2.23 Billion |
| Jiangyin Electrical Alloy Co Ltd (300697) | $191.25 Million | 22.66% | 5.67x | $1.05 Billion |
| Xinke Material (600255) | $1.25 Billion | 2.73% | 1.00x | $980.54 Million |
| Jiangxi Copper Co Ltd Class A (600362) | $66.86 Billion | 3.47% | 1.11x | $14.25 Billion |
| Pengxin International Mining Co Ltd (600490) | $3.25 Billion | 1.91% | 0.26x | $2.70 Billion |
| Ningbo Boway Alloy Material Co Ltd (601137) | $3.75 Billion | 11.72% | 1.02x | $2.42 Billion |
About Shaanxi Sirui Advanced Materials Co. Ltd. A
Shaanxi Sirui Advanced Materials Co., Ltd. develops, manufactures, and sells copper alloy materials and products, and other special copper alloy series materials. The company offers high strength and high conductivity copper alloys, medium and high voltage contact materials, high-performance chromium powders, CT and DR tube components, and other new industrial products, as well as components of t… Read more