GRIPM Advanced Materials Co. Ltd. A (688456) - Net Assets
Based on the latest financial reports, GRIPM Advanced Materials Co. Ltd. A (688456) has net assets worth CN¥1.25 Billion CNY (≈ $182.31 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¥1.83 Billion ≈ $268.10 Million USD) and total liabilities (CN¥586.27 Million ≈ $85.79 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 financial resilience of GRIPM Advanced Materials Co. Ltd. A to evaluate the company's liquid asset resilience ratio.
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. Also explore 688456 current and non-current assets for the complete picture of this company's asset base.
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. For live valuation and market cap data, see GRIPM Advanced Materials Co. Ltd. A market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.22 Billion ≈ $178.79 Million |
+3.74% |
| 2023-12-31 | CN¥1.18 Billion ≈ $172.35 Million |
+4.00% |
| 2022-12-31 | CN¥1.13 Billion ≈ $165.72 Million |
+3.74% |
| 2021-12-31 | CN¥1.09 Billion ≈ $159.75 Million |
+46.29% |
| 2020-12-31 | CN¥746.25 Million ≈ $109.20 Million |
+16.97% |
| 2019-12-31 | CN¥638.00 Million ≈ $93.36 Million |
+25.61% |
| 2018-12-31 | CN¥507.92 Million ≈ $74.33 Million |
+9.78% |
| 2017-12-31 | CN¥462.69 Million ≈ $67.71 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.
| Company | Market Cap |
|---|---|
|
Clover Health Investments Corp
NASDAQ:CLOV
|
$1.00 Billion |
|
Lenzing Aktiengesellschaft
VI:LNZ
|
$1.00 Billion |
|
Huangshan Novel Co Ltd
SHE:002014
|
$1.00 Billion |
|
Ningxia Western Venture Industrial Co Ltd
SHE:000557
|
$1.00 Billion |
|
NorthWest Healthcare Properties Real Estate Investment Trust
TO:NWH-UN
|
$1.00 Billion |
|
Changyuan Group Ltd
SHG:600525
|
$1.00 Billion |
|
PLAYTIKA HOLDING DL-01
F:8II
|
$1.00 Billion |
|
Nanxing Furniture Machinery & Equipment Co Ltd
SHE:002757
|
$1.00 Billion |
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: 5.67x
- 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 10.57x to 5.67x 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¥66.06 | x |
| 2018-12-31 | CN¥8.15 | CN¥66.06 | x |
| 2019-12-31 | CN¥9.01 | CN¥66.06 | x |
| 2020-12-31 | CN¥10.11 | CN¥66.06 | x |
| 2021-12-31 | CN¥11.29 | CN¥66.06 | x |
| 2022-12-31 | CN¥10.72 | CN¥66.06 | x |
| 2023-12-31 | CN¥11.23 | CN¥66.06 | x |
| 2024-12-31 | CN¥11.65 | CN¥66.06 | 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: $6,214,115,776
- Average return on equity (ROE) among peers: 9.86%
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 | $1.00 Billion |
| North Huajin Chemical Industries Co Ltd (000059) | $9.22 Billion | 3.57% | 2.25x | $1.33 Billion |
| Sichuan Chemical Co Ltd (000155) | $-1.63 Billion | 0.00% | 0.00x | $4.71 Billion |
| Jiangsu Wujiang China Eastern Silk Market Co Ltd (000301) | $29.41 Billion | 15.56% | 3.49x | $12.84 Billion |
| Zangge Holding Co Ltd (000408) | $12.12 Billion | 46.64% | 0.12x | $20.51 Billion |
| Sichuan Jinlu Group Co Ltd (000510) | $985.98 Million | 10.70% | 1.81x | $1.34 Billion |
| Jilin Gpro Titanium Industry Co Ltd (000545) | $-38.74 Million | 0.00% | 0.00x | $436.10 Million |
| Aoyuan Beauty Valley Technology Co Ltd (000615) | $2.65 Billion | -5.08% | 2.56x | $871.02 Million |
| Ningxia Younglight Chemicals Co Ltd (000635) | $342.74 Million | 13.58% | 2.48x | $470.62 Million |
| Maoming Petro-Chemical Shihua Co Ltd (000637) | $527.87 Million | 11.23% | 0.11x | $366.68 Million |
| Inner Mongolia Yuan Xing Energy Co Ltd (000683) | $8.55 Billion | 2.43% | 1.28x | $4.87 Billion |
About GRIPM Advanced Materials Co. Ltd. A
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