Ningbo Solartron Technology Co Ltd
Ningbo Solartron Technology Co.,Ltd. researches, develops, produces, and sells functional films in China. The company offers reflective, optical base, and other functional films, as well as lithium-ion battery separator and solid electrolyte ion-conducting membrane. Its products are used in liquid crystal display, power battery and energy storage, solar photovoltaic, and other fields. The company… Read more
Ningbo Solartron Technology Co Ltd (688299) - Net Assets
Latest net assets as of September 2025: CN¥2.08 Billion CNY
Based on the latest financial reports, Ningbo Solartron Technology Co Ltd (688299) has net assets worth CN¥2.08 Billion CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥3.37 Billion) and total liabilities (CN¥1.28 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¥2.08 Billion |
| % of Total Assets | 61.85% |
| Annual Growth Rate | 39.36% |
| 5-Year Change | 19.3% |
| 10-Year Change | 1130.51% |
| Growth Volatility | 68.47 |
Ningbo Solartron Technology Co Ltd - Net Assets Trend (2014–2024)
This chart illustrates how Ningbo Solartron Technology 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 Ningbo Solartron Technology Co Ltd (2014–2024)
The table below shows the annual net assets of Ningbo Solartron Technology Co Ltd from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥2.09 Billion | -4.28% |
| 2023-12-31 | CN¥2.18 Billion | +5.23% |
| 2022-12-31 | CN¥2.07 Billion | +4.26% |
| 2021-12-31 | CN¥1.99 Billion | +13.61% |
| 2020-12-31 | CN¥1.75 Billion | +8.54% |
| 2019-12-31 | CN¥1.61 Billion | +163.35% |
| 2018-12-31 | CN¥612.15 Million | +17.03% |
| 2017-12-31 | CN¥523.05 Million | +175.94% |
| 2016-12-31 | CN¥189.55 Million | +11.74% |
| 2015-12-31 | CN¥169.64 Million | +124.65% |
| 2014-12-31 | CN¥75.51 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ningbo Solartron 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 66575473000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥585.16 Million | 28.03% |
| Common Stock | CN¥290.50 Million | 13.92% |
| Other Comprehensive Income | CN¥112.65 Million | 5.40% |
| Other Components | CN¥1.10 Billion | 52.66% |
| Total Equity | CN¥2.09 Billion | 100.00% |
Ningbo Solartron Technology Co Ltd Competitors by Market Cap
The table below lists competitors of Ningbo Solartron Technology Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Yunnan Yunwei Co Ltd Class A
SHG:600725
|
$561.27 Million |
|
Beazer Homes USA Inc
NYSE:BZH
|
$561.31 Million |
|
Elsight Ltd
AU:ELS
|
$561.34 Million |
|
Paradeep Phosphates Limited
NSE:PARADEEP
|
$561.48 Million |
|
SurModics Inc
NASDAQ:SRDX
|
$561.22 Million |
|
NETGEAR Inc
NASDAQ:NTGR
|
$561.15 Million |
|
Foshan Nationstar Optoelectronics Co Ltd
SHE:002449
|
$561.02 Million |
|
Hallador Energy Company
NASDAQ:HNRG
|
$560.98 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ningbo Solartron Technology Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,180,904,052 to 2,087,468,886, a change of -93,435,166 (-4.3%).
- Net loss of 29,436,513 reduced equity.
- Dividend payments of 35,422,808 reduced retained earnings.
- Share repurchases of 50,100,000 reduced equity.
- Other comprehensive income increased equity by 15,681,370.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥-29.44 Million | -1.41% |
| Dividends Paid | CN¥35.42 Million | -1.7% |
| Share Repurchases | CN¥50.10 Million | -2.4% |
| Other Comprehensive Income | CN¥15.68 Million | +0.75% |
| Other Changes | CN¥5.84 Million | +0.28% |
| Total Change | CN¥- | -4.28% |
Book Value vs Market Value Analysis
This analysis compares Ningbo Solartron 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: 2.46x
- 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 37.62x to 2.46x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | CN¥0.48 | CN¥18.17 | x |
| 2015-12-31 | CN¥0.88 | CN¥18.17 | x |
| 2016-12-31 | CN¥1.13 | CN¥18.17 | x |
| 2017-12-31 | CN¥2.69 | CN¥18.17 | x |
| 2018-12-31 | CN¥2.89 | CN¥18.17 | x |
| 2019-12-31 | CN¥5.71 | CN¥18.17 | x |
| 2020-12-31 | CN¥6.19 | CN¥18.17 | x |
| 2021-12-31 | CN¥6.92 | CN¥18.17 | x |
| 2022-12-31 | CN¥7.31 | CN¥18.17 | x |
| 2023-12-31 | CN¥7.77 | CN¥18.17 | x |
| 2024-12-31 | CN¥7.39 | CN¥18.17 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ningbo Solartron 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): -1.41%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.20%
- • Asset Turnover: 0.40x
- • Equity Multiplier: 1.62x
- Recent ROE (-1.41%) is below the historical average (4.15%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -26.92% | -13.62% | 0.20x | 9.83x | CN¥-27.88 Million |
| 2015 | 2.28% | 1.55% | 0.30x | 4.87x | CN¥-13.09 Million |
| 2016 | 14.11% | 7.03% | 0.38x | 5.32x | CN¥7.79 Million |
| 2017 | 4.84% | 5.42% | 0.41x | 2.20x | CN¥-26.98 Million |
| 2018 | 14.52% | 12.86% | 0.52x | 2.15x | CN¥27.66 Million |
| 2019 | 8.88% | 15.72% | 0.44x | 1.28x | CN¥-18.13 Million |
| 2020 | 10.11% | 16.93% | 0.48x | 1.25x | CN¥2.01 Million |
| 2021 | 9.40% | 14.40% | 0.52x | 1.25x | CN¥-12.00 Million |
| 2022 | 5.47% | 9.84% | 0.43x | 1.30x | CN¥-93.83 Million |
| 2023 | 4.38% | 7.61% | 0.38x | 1.53x | CN¥-122.67 Million |
| 2024 | -1.41% | -2.20% | 0.40x | 1.62x | CN¥-238.18 Million |
Industry Comparison
This section compares Ningbo Solartron 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: $1,775,158,628
- Average return on equity (ROE) among peers: -19.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ningbo Solartron Technology Co Ltd (688299) | CN¥2.08 Billion | -26.92% | 0.62x | $561.25 Million |
| Chongqing Sanxia Paints Co Ltd (000565) | $390.80 Million | 1.64% | 0.47x | $289.82 Million |
| Hengyi Petrochemical Co Ltd (000703) | $246.42 Million | -7.64% | 1.62x | $1.44 Billion |
| Guangdong Xinhui Meida Nylon Co Ltd (000782) | $472.56 Million | 10.49% | 1.13x | $361.89 Million |
| Luxi Chemical Group Co Ltd (000830) | $120.60 Million | 41.32% | 1.30x | $2.28 Billion |
| China Minmetals Rare Earth Co Ltd (000831) | $234.51 Million | -303.65% | 8.65x | $5.40 Billion |
| Anhui Guofeng Plastic Industry Co Ltd (000859) | $2.70 Billion | 10.47% | 0.21x | $884.45 Million |
| Cofco Biochemical Anhui Co Ltd (000930) | $11.76 Billion | 9.61% | 0.54x | $815.97 Million |
| Shandong Link Science and Technology Co Ltd (001207) | $441.43 Million | 14.99% | 1.14x | $330.19 Million |
| Zhejiang Bofay Elec Co Ltd (001255) | $742.80 Million | 1.78% | 0.61x | $169.49 Million |
| Guangdong Decro Film New (001378) | $647.89 Million | 29.53% | 0.22x | $241.78 Million |