JPMorgan China Growth & Income PLC (JCGI) - Net Assets

Latest as of September 2025: GBX281.46 Million GBX ≈ $34.25K USD

Based on the latest financial reports, JPMorgan China Growth & Income PLC (JCGI) has net assets worth GBX281.46 Million GBX (≈ $34.25K USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX285.53 Million ≈ $34.74K USD) and total liabilities (GBX4.06 Million ≈ $494.11 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 JCGI asset liquidity ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets GBX281.46 Million
% of Total Assets 98.58%
Annual Growth Rate 9.87%
5-Year Change -40.54%
10-Year Change 56.55%
Growth Volatility 28.32

JPMorgan China Growth & Income PLC - Net Assets Trend (2004–2025)

This chart illustrates how JPMorgan China Growth & Income PLC's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of JPMorgan China Growth & Income PLC for the complete picture of this company's asset base.

Annual Net Assets for JPMorgan China Growth & Income PLC (2004–2025)

The table below shows the annual net assets of JPMorgan China Growth & Income PLC from 2004 to 2025. For live valuation and market cap data, see JCGI market cap.

Year Net Assets Change
2025-09-30 GBX281.46 Million
≈ $34.25K		 +23.78%
2024-09-30 GBX227.40 Million
≈ $27.67K		 -1.03%
2023-09-30 GBX229.77 Million
≈ $27.96K		 -19.18%
2022-09-30 GBX284.29 Million
≈ $34.59K		 -39.95%
2021-09-30 GBX473.40 Million
≈ $57.60K		 +15.19%
2020-09-30 GBX410.96 Million
≈ $50.00K		 +62.36%
2019-09-30 GBX253.11 Million
≈ $30.80K		 +14.55%
2018-09-30 GBX220.96 Million
≈ $26.88K		 -2.21%
2017-09-30 GBX225.96 Million
≈ $27.49K		 +25.68%
2016-09-30 GBX179.79 Million
≈ $21.88K		 +32.27%
2015-09-30 GBX135.93 Million
≈ $16.54K		 -1.36%
2014-09-30 GBX137.80 Million
≈ $16.77K		 +6.89%
2013-09-30 GBX128.92 Million
≈ $15.69K		 +14.88%
2012-09-30 GBX112.22 Million
≈ $13.65K		 +11.03%
2011-09-30 GBX101.07 Million
≈ $12.30K		 -18.34%
2010-09-30 GBX123.77 Million
≈ $15.06K		 +23.31%
2009-09-30 GBX100.37 Million
≈ $12.21K		 +48.85%
2008-09-30 GBX67.44 Million
≈ $8.20K		 -36.96%
2007-09-30 GBX106.97 Million
≈ $13.02K		 +76.78%
2006-09-30 GBX60.51 Million
≈ $7.36K		 +20.64%
2005-09-30 GBX50.16 Million
≈ $6.10K		 +28.57%
2004-09-30 GBX39.01 Million
≈ $4.75K		 --

Equity Component Analysis

This analysis shows how different components contribute to JPMorgan China Growth & Income PLC'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 decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (September 2025)

Component Amount Percentage
Common Stock GBX20.80 Million 7.39%
Other Comprehensive Income GBX142.63 Million 50.68%
Other Components GBX118.03 Million 41.93%
Total Equity GBX281.46 Million 100.00%

JPMorgan China Growth & Income PLC Competitors by Market Cap

The table below lists competitors of JPMorgan China Growth & Income PLC ranked by their market capitalization.

Company Market Cap
Applied DNA Sciences, Inc.
NASDAQ:BNBX
 $2.81 Million
Goenka Diamond and Jewels Limited
NSE:GOENKA
 $2.81 Million
AH-Vest Limited
JSE:AHL
 $2.82 Million
Falcon Gold Corp
V:FG
 $2.82 Million
Cyber Media (India) Limited
NSE:CYBERMEDIA
 $2.80 Million
Boardwalktech Software Corp
V:BWLK
 $2.80 Million
MODERN LAND (CHINA) DL-01
F:7PJ
 $2.79 Million
Animalcare Group Plc
LSE:ANCR
 $2.79 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in JPMorgan China Growth & Income PLC's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 227,396,000 to 281,465,000, a change of 54,069,000 (23.8%).
  • Net income of 63,465,000 contributed positively to equity growth.
  • Dividend payments of 9,082,000 reduced retained earnings.
  • Share repurchases of 314,000 reduced equity.
  • Other comprehensive income increased equity by 104,657,000.
  • Other factors decreased equity by 104,657,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income GBX63.47 Million +22.55%
Dividends Paid GBX9.08 Million -3.23%
Share Repurchases GBX314.00K -0.11%
Other Comprehensive Income GBX104.66 Million +37.18%
Other Changes GBX-104.66 Million -37.18%
Total Change GBX- 23.78%

Book Value vs Market Value Analysis

This analysis compares JPMorgan China Growth & Income PLC'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: 81.98x
  • 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 470.13x to 81.98x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2004-09-30 GBX0.59 GBX277.50 x
2005-09-30 GBX0.73 GBX277.50 x
2006-09-30 GBX0.84 GBX277.50 x
2007-09-30 GBX1.45 GBX277.50 x
2008-09-30 GBX0.95 GBX277.50 x
2009-09-30 GBX1.41 GBX277.50 x
2010-09-30 GBX1.63 GBX277.50 x
2011-09-30 GBX1.30 GBX277.50 x
2012-09-30 GBX1.44 GBX277.50 x
2013-09-30 GBX1.69 GBX277.50 x
2014-09-30 GBX1.82 GBX277.50 x
2015-09-30 GBX1.80 GBX277.50 x
2016-09-30 GBX2.40 GBX277.50 x
2017-09-30 GBX3.08 GBX277.50 x
2018-09-30 GBX3.03 GBX277.50 x
2019-09-30 GBX3.48 GBX277.50 x
2020-09-30 GBX5.65 GBX277.50 x
2021-09-30 GBX5.96 GBX277.50 x
2022-09-30 GBX3.91 GBX277.50 x
2023-09-30 GBX2.76 GBX277.50 x
2024-09-30 GBX2.73 GBX277.50 x
2025-09-30 GBX3.38 GBX277.50 x

Capital Efficiency Dashboard

This dashboard shows how efficiently JPMorgan China Growth & Income PLC 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): 22.55%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 554.72%
  • • Asset Turnover: 0.04x
  • • Equity Multiplier: 1.01x
  • Recent ROE (22.55%) is above the historical average (6.32%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2004 14.16% 87.94% 0.16x 1.00x GBX1.62 Million
2005 18.93% 89.86% 0.21x 1.00x GBX4.48 Million
2006 10.81% 85.97% 0.12x 1.06x GBX488.20K
2007 46.34% 89.15% 0.48x 1.08x GBX38.87 Million
2008 -56.83% 0.00% -0.52x 1.06x GBX-45.06 Million
2009 30.89% 94.80% 0.31x 1.05x GBX20.96 Million
2010 14.35% 89.19% 0.15x 1.09x GBX5.39 Million
2011 -22.28% 0.00% -0.18x 1.09x GBX-32.62 Million
2012 12.20% 94.42% 0.12x 1.12x GBX2.47 Million
2013 15.15% 95.96% 0.14x 1.15x GBX6.64 Million
2014 7.32% 93.44% 0.07x 1.11x GBX-3.69 Million
2015 0.27% 32.38% 0.01x 1.18x GBX-13.23 Million
2016 26.08% 99.14% 0.24x 1.10x GBX28.91 Million
2017 22.02% 99.22% 0.20x 1.11x GBX27.17 Million
2018 -1.43% 0.00% -0.01x 1.22x GBX-25.27 Million
2019 13.71% 98.09% 0.13x 1.11x GBX9.38 Million
2020 40.16% 99.64% 0.36x 1.11x GBX123.95 Million
2021 0.51% 77.17% 0.01x 1.11x GBX-44.94 Million
2022 -59.85% 0.00% -0.49x 1.22x GBX-198.57 Million
2023 -18.77% 0.00% -0.16x 1.14x GBX-66.11 Million
2024 2.78% 0.00% -0.15x 1.05x GBX-16.42 Million
2025 22.55% 554.72% 0.04x 1.01x GBX35.32 Million

Industry Comparison

This section compares JPMorgan China Growth & Income PLC's net assets metrics with peer companies in the Asset Management industry.

Industry Context

  • Industry: Asset Management
  • Average net assets among peers: $745,852,800
  • Average return on equity (ROE) among peers: 2.99%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
JPMorgan China Growth & Income PLC (JCGI) GBX281.46 Million 14.16% 0.01x $2.80 Million
3I Infrastructure PLC (3IN) $1.20 Billion 4.98% 0.15x $42.14 Million
Albion Enterprise VCT PLC (AAEV) $61.87 Million 11.55% 0.03x $3.29 Million
abrdn Asian Income Fund Limited (AAIF) $431.87 Million 14.17% 0.08x $5.17 Million
Abrdn Asia Focus PLC (AAS) $98.67 Million 9.82% 0.09x $7.49 Million
Albion Technology & General VCT PLC (AATG) $64.83 Million 5.63% 0.01x $3.22 Million
Abrdn PLC (ABDN) $4.56 Billion 10.22% 39.48x $45.21 Million
Aberdeen Diversified Income and Growth Trust PLC (ADIG) $426.87 Million 6.29% 0.20x $450.86K
Aquila Energy Efficiency Trust PLC (AEET) $69.67 Million -2.91% 0.02x $261.59K
Aquila European Renewables Income PLC (AERI) $372.54 Million -8.03% 0.00x $79.35 Million
Artemis UK Future Leaders plc (AFL) $174.91 Million -21.80% 0.02x $415.29

About JPMorgan China Growth & Income PLC

LSE:JCGI UK Asset Management
Market Cap
$2.80 Million
GBX23.05 Billion GBX
Market Cap Rank
#29296 Global
#603 in UK
Share Price
GBX277.50
Change (1 day)
-1.60%
52-Week Range
GBX224.50 - GBX312.00
All Time High
GBX718.45
Categories
Companies in UK Asset Management Banking & Financial
About

JPMorgan China Growth & Income plc is a close-ended equity mutual fund launched and managed by JPMorgan Funds Limited. The fund is co-managed by JPMorgan Asset Management (UK) Limited. It invests in the public equity markets of the Greater China region. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in growth stocks of companies. The fun… Read more