Sinosteel Luonai Materials Technology Co. Ltd. A (688119) - Net Assets
Based on the latest financial reports, Sinosteel Luonai Materials Technology Co. Ltd. A (688119) has net assets worth CN¥3.05 Billion CNY (≈ $446.31 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¥5.24 Billion ≈ $767.03 Million USD) and total liabilities (CN¥2.19 Billion ≈ $320.72 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 Sinosteel Luonai Materials Technology Co liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.05 Billion |
| % of Total Assets | 58.19% |
| Annual Growth Rate | 16.35% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 30.31 |
Sinosteel Luonai Materials Technology Co. Ltd. A - Net Assets Trend (2020–2024)
This chart illustrates how Sinosteel Luonai Materials Technology Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. Also explore how large is Sinosteel Luonai Materials Technology Co's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Sinosteel Luonai Materials Technology Co. Ltd. A (2020–2024)
The table below shows the annual net assets of Sinosteel Luonai Materials Technology Co. Ltd. A from 2020 to 2024. For live valuation and market cap data, see 688119 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.02 Billion ≈ $441.44 Million |
-3.66% |
| 2023-12-31 | CN¥3.13 Billion ≈ $458.22 Million |
-1.80% |
| 2022-12-31 | CN¥3.19 Billion ≈ $466.63 Million |
+70.95% |
| 2021-12-31 | CN¥1.87 Billion ≈ $272.96 Million |
+13.32% |
| 2020-12-31 | CN¥1.65 Billion ≈ $240.88 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Sinosteel Luonai Materials Technology 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 27452337398.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥140.84 Million | 4.76% |
| Other Components | CN¥2.82 Billion | 95.24% |
| Total Equity | CN¥2.96 Billion | 100.00% |
Sinosteel Luonai Materials Technology Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Sinosteel Luonai Materials Technology Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sirio Pharma
SHE:300791
|
$867.93 Million |
|
Ningbo Tech-Bank Co Ltd
SHE:002124
|
$868.12 Million |
|
PharmaResources (Shanghai) Co. Ltd. A
SHE:301230
|
$868.51 Million |
|
Shandong Mining Machinery Group Co Ltd
SHE:002526
|
$868.73 Million |
|
Neurones
PA:NRO
|
$867.52 Million |
|
Nanjing Vishee Medical Technology Co Ltd
SHG:688580
|
$867.49 Million |
|
KRN Heat Exchanger and Refrigeration
NSE:KRN
|
$867.47 Million |
|
Scholastic Corporation
NASDAQ:SCHL
|
$867.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sinosteel Luonai Materials Technology Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,073,506,316 to 2,957,344,615, a change of -116,161,701 (-3.8%).
- Net loss of 59,096,852 reduced equity.
- Dividend payments of 57,627,895 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-59.10 Million | -2.0% |
| Dividends Paid | CN¥57.63 Million | -1.95% |
| Other Changes | CN¥563.05K | +0.02% |
| Total Change | CN¥- | -3.78% |
Book Value vs Market Value Analysis
This analysis compares Sinosteel Luonai Materials Technology 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: 2.00x
- 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 2.95x to 2.00x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | CN¥1.79 | CN¥5.27 | x |
| 2021-12-31 | CN¥2.03 | CN¥5.27 | x |
| 2022-12-31 | CN¥2.78 | CN¥5.27 | x |
| 2023-12-31 | CN¥2.73 | CN¥5.27 | x |
| 2024-12-31 | CN¥2.63 | CN¥5.27 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sinosteel Luonai Materials Technology 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): -2.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.70%
- • Asset Turnover: 0.42x
- • Equity Multiplier: 1.76x
- Recent ROE (-2.00%) is below the historical average (6.45%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 12.25% | 9.75% | 0.54x | 2.31x | CN¥36.12 Million |
| 2021 | 12.29% | 8.45% | 0.62x | 2.33x | CN¥41.75 Million |
| 2022 | 7.42% | 8.65% | 0.43x | 1.98x | CN¥-80.70 Million |
| 2023 | 2.28% | 2.79% | 0.44x | 1.84x | CN¥-237.32 Million |
| 2024 | -2.00% | -2.70% | 0.42x | 1.76x | CN¥-354.83 Million |
Industry Comparison
This section compares Sinosteel Luonai Materials Technology Co. Ltd. A's net assets metrics with peer companies in the Building Materials industry.
Industry Context
- Industry: Building Materials
- Average net assets among peers: $1,947,737,856
- Average return on equity (ROE) among peers: 5.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sinosteel Luonai Materials Technology Co. Ltd. A (688119) | CN¥3.05 Billion | 12.25% | 0.72x | $867.56 Million |
| CSG Holding Co Ltd (000012) | $6.76 Billion | 21.53% | 0.84x | $1.16 Billion |
| Tangshan Jidong Cement Co Ltd (000401) | $1.32 Billion | 11.88% | 0.72x | $1.65 Billion |
| Gansu Shangfeng Cement Co Ltd (000672) | $-18.75 Million | 0.00% | 0.00x | $2.05 Billion |
| Jiangxi Wannianqing Cement Co Ltd (000789) | $2.33 Billion | 6.57% | 1.82x | $578.76 Million |
| Xinjiang Tianshan Cement Co Ltd (000877) | $905.55 Million | 6.65% | 1.93x | $4.80 Billion |
| Sinostone Guangdong Co Ltd (001212) | $1.73 Billion | 1.76% | 0.35x | $1.63 Billion |
| Ruitai Materials Technology Co Ltd (002066) | $929.49 Million | -14.56% | 2.32x | $775.48 Million |
| Guangdong Tapai Group Co Ltd (002233) | $3.82 Billion | 10.48% | 0.43x | $1.51 Billion |
| China West Construction Group Co Ltd (002302) | $955.12 Million | 8.30% | 0.52x | $1.03 Billion |
| Hubei Guochuang Hi-tech Material Co Ltd (002377) | $736.36 Million | 2.86% | 1.12x | $482.71 Million |
About Sinosteel Luonai Materials Technology Co. Ltd. A
Sinosteel Luonai Materials Technology Co., Ltd. engages in the research and development, manufacture, sale, and services of mid to high end refractory materials in China. Its refractory products include silicon series products, magnesium series products, high aluminum series products, composite series products, high-purity oxide products, functional material products, and amorphous and prefabrica… Read more