Tianjin Jiuri New Materials Co Ltd
Tianjin Jiuri New Materials Co., Ltd. engages in the research and development, manufacture, and sale of UV curing and electronic chemical materials in China. The company offers photocuring materials, including photoinitiators and monomers; semiconductor materials, such as electronic chemicals and electrolyte additives; and fine chemical materials. It also offers photosensitizer and photoresist. T… Read more
Tianjin Jiuri New Materials Co Ltd (688199) - Net Assets
Latest net assets as of June 2025: CN¥2.65 Billion CNY
Based on the latest financial reports, Tianjin Jiuri New Materials Co Ltd (688199) has net assets worth CN¥2.65 Billion CNY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥4.14 Billion) and total liabilities (CN¥1.49 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥2.65 Billion |
| % of Total Assets | 64.01% |
| Annual Growth Rate | 21.38% |
| 5-Year Change | 1.6% |
| 10-Year Change | N/A |
| Growth Volatility | 78.17 |
Tianjin Jiuri New Materials Co Ltd - Net Assets Trend (2016–2024)
This chart illustrates how Tianjin Jiuri New Materials Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Tianjin Jiuri New Materials Co Ltd (2016–2024)
The table below shows the annual net assets of Tianjin Jiuri New Materials Co Ltd from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.66 Billion | -2.42% |
| 2023-12-31 | CN¥2.72 Billion | -3.63% |
| 2022-12-31 | CN¥2.83 Billion | -0.42% |
| 2021-12-31 | CN¥2.84 Billion | +8.48% |
| 2020-12-31 | CN¥2.62 Billion | -1.95% |
| 2019-12-31 | CN¥2.67 Billion | +239.81% |
| 2018-12-31 | CN¥785.27 Million | +27.74% |
| 2017-12-31 | CN¥614.72 Million | +8.97% |
| 2016-12-31 | CN¥564.13 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tianjin Jiuri New Materials 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 147.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥442.88 Million | 17.32% |
| Other Components | CN¥2.11 Billion | 82.68% |
| Total Equity | CN¥2.56 Billion | 100.00% |
Tianjin Jiuri New Materials Co Ltd Competitors by Market Cap
The table below lists competitors of Tianjin Jiuri New Materials Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Xinlong Holding Group Co Ltd
SHE:000955
|
$279.03 Million |
|
Wanma Technology Co Ltd
SHE:300698
|
$279.07 Million |
|
Bénéteau S.A
OTCGREY:BTEAF
|
$279.12 Million |
|
Amtran Technology Co Ltd
TW:2489
|
$279.32 Million |
|
Shouyao Holdings (Beijing) Co. Ltd. A
SHG:688197
|
$278.86 Million |
|
Timberland Bancorp Inc
NASDAQ:TSBK
|
$278.82 Million |
|
Primis Financial Corp
NASDAQ:FRST
|
$278.81 Million |
|
Takara Bio Inc
F:TF2
|
$278.76 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tianjin Jiuri New Materials Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,621,107,936 to 2,556,781,732, a change of -64,326,205 (-2.5%).
- Net loss of 53,760,758 reduced equity.
- Dividend payments of 28,646,601 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-53.76 Million | -2.1% |
| Dividends Paid | CN¥28.65 Million | -1.12% |
| Other Changes | CN¥18.08 Million | +0.71% |
| Total Change | CN¥- | -2.45% |
Book Value vs Market Value Analysis
This analysis compares Tianjin Jiuri New Materials 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: 1.69x
- 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 3.47x to 1.69x 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¥7.74 | CN¥26.84 | x |
| 2018-12-31 | CN¥9.88 | CN¥26.84 | x |
| 2019-12-31 | CN¥23.98 | CN¥26.84 | x |
| 2020-12-31 | CN¥23.53 | CN¥26.84 | x |
| 2021-12-31 | CN¥24.58 | CN¥26.84 | x |
| 2022-12-31 | CN¥24.48 | CN¥26.84 | x |
| 2023-12-31 | CN¥23.57 | CN¥26.84 | x |
| 2024-12-31 | CN¥15.86 | CN¥26.84 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tianjin Jiuri New Materials 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): -2.10%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.61%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 1.57x
- Recent ROE (-2.10%) is below the historical average (6.04%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 7.34% | 6.48% | 0.65x | 1.75x | CN¥-15.00 Million |
| 2017 | 8.23% | 6.84% | 0.70x | 1.71x | CN¥-10.88 Million |
| 2018 | 22.40% | 17.50% | 0.82x | 1.57x | CN¥97.40 Million |
| 2019 | 9.32% | 18.63% | 0.45x | 1.11x | CN¥-18.04 Million |
| 2020 | 5.23% | 13.52% | 0.31x | 1.26x | CN¥-124.93 Million |
| 2021 | 6.06% | 13.23% | 0.32x | 1.41x | CN¥-107.72 Million |
| 2022 | 1.59% | 3.07% | 0.34x | 1.51x | CN¥-228.88 Million |
| 2023 | -3.67% | -7.78% | 0.31x | 1.52x | CN¥-358.25 Million |
| 2024 | -2.10% | -3.61% | 0.37x | 1.57x | CN¥-309.44 Million |
Industry Comparison
This section compares Tianjin Jiuri New Materials Co Ltd's net assets metrics with peer companies in the Chemicals industry.
Industry Context
- Industry: Chemicals
- Average net assets among peers: $2,626,916,213
- Average return on equity (ROE) among peers: 12.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tianjin Jiuri New Materials Co Ltd (688199) | CN¥2.65 Billion | 7.34% | 0.56x | $278.88 Million |
| North Huajin Chemical Industries Co Ltd (000059) | $6.22 Billion | 3.15% | 2.45x | $677.73 Million |
| Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) | $1.22 Billion | 8.90% | 0.47x | $2.89 Billion |
| Zangge Holding Co Ltd (000408) | $13.85 Billion | 18.63% | 0.09x | $11.87 Billion |
| Sichuan Jinlu Group Co Ltd (000510) | $31.03 Million | 11.65% | 3.42x | $1.15 Billion |
| Jilin Gpro Titanium Industry Co Ltd (000545) | $258.76 Million | 6.78% | 0.30x | $423.89 Million |
| Aoyuan Beauty Valley Technology Co Ltd (000615) | $54.68 Million | 39.27% | 1.16x | $225.85 Million |
| Ningxia Younglight Chemicals Co Ltd (000635) | $184.46 Million | 13.30% | 2.58x | $295.21 Million |
| Maoming Petro-Chemical Shihua Co Ltd (000637) | $691.87 Million | 1.61% | 0.02x | $187.22 Million |
| Shenyang Chemical Industry Co Ltd (000698) | $3.01 Billion | 7.14% | 1.28x | $240.44 Million |
| Hubei Shuanghuan Science and Technology Stock Co Ltd (000707) | $759.12 Million | 13.65% | 0.22x | $412.94 Million |