GRIPM Advanced Materials Co. Ltd. A

SHG:688456 China Chemicals
Market Cap
$831.85 Million
CN¥6.10 Billion CNY
Market Cap Rank
#11170 Global
#2587 in China
Share Price
CN¥58.88
Change (1 day)
-2.19%
52-Week Range
CN¥30.60 - CN¥77.70
All Time High
CN¥77.70
About

GRIPM Advanced Materials Co., Ltd. engages in the design, research and development, production, and sales of advanced non-ferrous metal powder materials in China and internationally. It offers copper-based metal powder materials, microelectronic interconnect materials, and 3D printing powder materials, as well as electrolytic copper, atomized copper, copper alloy, tin, infiltration copper, FeCu p… Read more

GRIPM Advanced Materials Co. Ltd. A (688456) - Net Assets

Latest net assets as of June 2025: CN¥1.25 Billion CNY

Based on the latest financial reports, GRIPM Advanced Materials Co. Ltd. A (688456) has net assets worth CN¥1.25 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¥1.83 Billion) and total liabilities (CN¥586.27 Million). 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¥1.25 Billion
% of Total Assets 68.0%
Annual Growth Rate 14.88%
5-Year Change 63.73%
10-Year Change N/A
Growth Volatility 14.61

GRIPM Advanced Materials Co. Ltd. A - Net Assets Trend (2017–2024)

This chart illustrates how GRIPM Advanced Materials Co. Ltd. A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for GRIPM Advanced Materials Co. Ltd. A (2017–2024)

The table below shows the annual net assets of GRIPM Advanced Materials Co. Ltd. A from 2017 to 2024.

Year Net Assets Change
2024-12-31 CN¥1.22 Billion +3.74%
2023-12-31 CN¥1.18 Billion +4.00%
2022-12-31 CN¥1.13 Billion +3.74%
2021-12-31 CN¥1.09 Billion +46.29%
2020-12-31 CN¥746.25 Million +16.97%
2019-12-31 CN¥638.00 Million +25.61%
2018-12-31 CN¥507.92 Million +9.78%
2017-12-31 CN¥462.69 Million --

Equity Component Analysis

This analysis shows how different components contribute to GRIPM 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 77.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥425.36 Million 35.23%
Other Components CN¥781.90 Million 64.77%
Total Equity CN¥1.21 Billion 100.00%

GRIPM Advanced Materials Co. Ltd. A Competitors by Market Cap

The table below lists competitors of GRIPM Advanced Materials Co. Ltd. A ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in GRIPM 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 1,164,078,372 to 1,207,254,755, a change of 43,176,384 (3.7%).
  • Net income of 59,382,496 contributed positively to equity growth.
  • Dividend payments of 28,337,559 reduced retained earnings.
  • Other factors increased equity by 12,131,447.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥59.38 Million +4.92%
Dividends Paid CN¥28.34 Million -2.35%
Other Changes CN¥12.13 Million +1.0%
Total Change CN¥- 3.71%

Book Value vs Market Value Analysis

This analysis compares GRIPM 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: 5.06x
  • 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 9.42x to 5.06x 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¥6.25 CN¥58.88 x
2018-12-31 CN¥8.15 CN¥58.88 x
2019-12-31 CN¥9.01 CN¥58.88 x
2020-12-31 CN¥10.11 CN¥58.88 x
2021-12-31 CN¥11.29 CN¥58.88 x
2022-12-31 CN¥10.72 CN¥58.88 x
2023-12-31 CN¥11.23 CN¥58.88 x
2024-12-31 CN¥11.65 CN¥58.88 x

Capital Efficiency Dashboard

This dashboard shows how efficiently GRIPM 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): 4.92%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 1.84%
  • • Asset Turnover: 1.87x
  • • Equity Multiplier: 1.43x
  • Recent ROE (4.92%) is below the historical average (9.20%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2017 12.16% 2.84% 2.53x 1.69x CN¥8.28 Million
2018 12.26% 3.46% 2.73x 1.30x CN¥11.50 Million
2019 9.43% 3.52% 1.89x 1.42x CN¥-3.61 Million
2020 17.71% 7.61% 1.75x 1.33x CN¥57.54 Million
2021 7.44% 2.92% 1.96x 1.30x CN¥-27.94 Million
2022 4.94% 1.99% 1.91x 1.30x CN¥-56.70 Million
2023 4.74% 2.06% 1.70x 1.36x CN¥-61.29 Million
2024 4.92% 1.84% 1.87x 1.43x CN¥-61.34 Million

Industry Comparison

This section compares GRIPM Advanced Materials Co. Ltd. A'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
GRIPM Advanced Materials Co. Ltd. A (688456) CN¥1.25 Billion 12.16% 0.47x $416.74 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