Hunan Sokan New Materials Co. Ltd. A (688157) - Net Assets
Based on the latest financial reports, Hunan Sokan New Materials Co. Ltd. A (688157) has net assets worth CN¥1.33 Billion CNY (≈ $195.17 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¥1.73 Billion ≈ $253.78 Million USD) and total liabilities (CN¥400.49 Million ≈ $58.60 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 Hunan Sokan New Materials Co. Ltd. A liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.33 Billion |
| % of Total Assets | 76.91% |
| Annual Growth Rate | 27.44% |
| 5-Year Change | 22.45% |
| 10-Year Change | N/A |
| Growth Volatility | 67.81 |
Hunan Sokan New Materials Co. Ltd. A - Net Assets Trend (2019–2024)
This chart illustrates how Hunan Sokan New Materials Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. Also explore Hunan Sokan New Materials Co. Ltd. A total assets for the complete picture of this company's asset base.
Annual Net Assets for Hunan Sokan New Materials Co. Ltd. A (2019–2024)
The table below shows the annual net assets of Hunan Sokan New Materials Co. Ltd. A from 2019 to 2024. For live valuation and market cap data, see 688157 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.35 Billion ≈ $197.30 Million |
+3.19% |
| 2023-12-31 | CN¥1.31 Billion ≈ $191.19 Million |
+3.37% |
| 2022-12-31 | CN¥1.26 Billion ≈ $184.95 Million |
+5.44% |
| 2021-12-31 | CN¥1.20 Billion ≈ $175.41 Million |
+8.87% |
| 2020-12-31 | CN¥1.10 Billion ≈ $161.12 Million |
+174.66% |
| 2019-12-31 | CN¥400.88 Million ≈ $58.66 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Hunan Sokan New 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 231.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥394.15 Million | 29.82% |
| Other Components | CN¥927.63 Million | 70.18% |
| Total Equity | CN¥1.32 Billion | 100.00% |
Hunan Sokan New Materials Co. Ltd. A Competitors by Market Cap
The table below lists competitors of Hunan Sokan New Materials Co. Ltd. A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Inox Green Energy Services Limited
NSE:INOXGREEN
|
$825.37 Million |
|
MCEWEN MINING INC.
F:US8
|
$825.46 Million |
|
Qurient Co. Ltd
KQ:115180
|
$826.20 Million |
|
Doctorglasses Chain Co Ltd
SHE:300622
|
$826.22 Million |
|
Gujarat Pipavav Port Limited
NSE:GPPL
|
$825.17 Million |
|
Heritage Insurance Hldgs Inc
NYSE:HRTG
|
$825.07 Million |
|
Nanjing Chemical Fibre Co Ltd
SHG:600889
|
$825.03 Million |
|
Dilip Buildcon Limited
NSE:DBL
|
$824.90 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hunan Sokan New Materials Co. Ltd. A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,291,727,990 to 1,321,776,988, a change of 30,048,997 (2.3%).
- Net income of 86,395,450 contributed positively to equity growth.
- Dividend payments of 27,278,664 reduced retained earnings.
- Other factors decreased equity by 29,067,789.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥86.40 Million | +6.54% |
| Dividends Paid | CN¥27.28 Million | -2.06% |
| Other Changes | CN¥-29.07 Million | -2.2% |
| Total Change | CN¥- | 2.33% |
Book Value vs Market Value Analysis
This analysis compares Hunan Sokan New 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: 3.05x
- 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 5.38x to 3.05x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | CN¥6.70 | CN¥36.05 | x |
| 2020-12-31 | CN¥9.83 | CN¥36.05 | x |
| 2021-12-31 | CN¥7.59 | CN¥36.05 | x |
| 2022-12-31 | CN¥7.98 | CN¥36.05 | x |
| 2023-12-31 | CN¥8.26 | CN¥36.05 | x |
| 2024-12-31 | CN¥11.83 | CN¥36.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hunan Sokan New 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): 6.54%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.59%
- • Asset Turnover: 0.41x
- • Equity Multiplier: 1.37x
- Recent ROE (6.54%) is below the historical average (9.80%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 23.23% | 20.41% | 0.80x | 1.43x | CN¥52.89 Million |
| 2020 | 7.96% | 20.04% | 0.35x | 1.14x | CN¥-22.35 Million |
| 2021 | 8.23% | 19.16% | 0.38x | 1.14x | CN¥-20.96 Million |
| 2022 | 6.59% | 16.49% | 0.35x | 1.13x | CN¥-42.55 Million |
| 2023 | 6.28% | 13.75% | 0.38x | 1.22x | CN¥-48.07 Million |
| 2024 | 6.54% | 11.59% | 0.41x | 1.37x | CN¥-45.78 Million |
Industry Comparison
This section compares Hunan Sokan New Materials Co. Ltd. A's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $1,796,996,073
- Average return on equity (ROE) among peers: 11.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hunan Sokan New Materials Co. Ltd. A (688157) | CN¥1.33 Billion | 23.23% | 0.30x | $825.21 Million |
| Chongqing Sanxia Paints Co Ltd (000565) | $221.32 Million | 10.55% | 0.74x | $499.34 Million |
| Hengyi Petrochemical Co Ltd (000703) | $8.33 Billion | 2.22% | 2.03x | $9.30 Billion |
| Guangdong Xinhui Meida Nylon Co Ltd (000782) | $1.26 Billion | -11.33% | 1.70x | $741.46 Million |
| Luxi Chemical Group Co Ltd (000830) | $2.37 Billion | 5.91% | 2.61x | $4.75 Billion |
| China Minmetals Rare Earth Co Ltd (000831) | $3.12 Billion | 24.63% | 0.08x | $8.45 Billion |
| Anhui Guofeng Plastic Industry Co Ltd (000859) | $158.61 Million | 29.32% | 1.96x | $1.19 Billion |
| Cofco Biochemical Anhui Co Ltd (000930) | $1.51 Billion | 7.32% | 1.02x | $1.65 Billion |
| Shandong Link Science and Technology Co Ltd (001207) | $242.92 Million | 18.39% | 1.38x | $582.05 Million |
| Zhejiang Transfar Co Ltd (002010) | $693.89 Million | 10.75% | 0.67x | $2.36 Billion |
| Poly Union Chemical Holding Group Co Ltd (002037) | $65.41 Million | 17.36% | 1.55x | $605.40 Million |
About Hunan Sokan New Materials Co. Ltd. A
Sokan New Materials Group Co., Ltd. manufactures and sells coatings, inks, and adhesives for consumer electronics and passenger cars in China. The company provides second generation PVD, UV and imitating anodizing coating, 3D spray ink, and Hf resistant protective ink, as well as wireless charger for mobiles, laptops, smart wear, smart homes, and cars. It also offers automotive lamp anti-fog coat… Read more