J and Friends Holdings Limited
J and Friends Holdings Limited, together with its subsidiaries, engages in the provision of technology-enabled financial and digital services to the ecosystem of MSMEs and SMEs in the People's Republic of China and internationally. The company connects business partners and financial partners on its open platform and enables them to provide financial services to end users. It also provides point-… Read more
J and Friends Holdings Limited (JF) - Net Assets
Latest net assets as of June 2025: $-400.15 Million USD
Based on the latest financial reports, J and Friends Holdings Limited (JF) has net assets worth $-400.15 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 ($96.36 Million) and total liabilities ($496.51 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 | $-400.15 Million |
| % of Total Assets | -415.28% |
| Annual Growth Rate | N/A |
| 5-Year Change | -922.31% |
| 10-Year Change | N/A |
| Growth Volatility | 74.37 |
J and Friends Holdings Limited - Net Assets Trend (2016–2024)
This chart illustrates how J and Friends Holdings Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for J and Friends Holdings Limited (2016–2024)
The table below shows the annual net assets of J and Friends Holdings Limited from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-395.12 Million | -4.01% |
| 2023-12-31 | $-379.88 Million | -53.71% |
| 2022-12-31 | $-247.14 Million | -280.04% |
| 2021-12-31 | $-65.03 Million | -235.34% |
| 2020-12-31 | $48.05 Million | -86.61% |
| 2019-12-31 | $358.72 Million | +676.77% |
| 2017-12-31 | $-62.20 Million | -575.67% |
| 2016-12-31 | $-9.21 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to J and Friends Holdings Limited'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 251906800000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $496.00K | % |
| Other Comprehensive Income | $82.43 Million | % |
| Other Components | $2.04 Billion | % |
| Total Equity | $-408.87 Million | 100.00% |
J and Friends Holdings Limited Competitors by Market Cap
The table below lists competitors of J and Friends Holdings Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
POMO3F
SA:POMO3F
|
$8.57K |
|
Wam Income Maximiser Limited
F:3RO
|
$8.58K |
|
LAXMIINDIA
NSE:LAXMIINDIA
|
$8.60K |
|
Bio Green Med Solution, Inc.
NASDAQ:BGMS
|
$8.61K |
|
Cai Lay Veterinary Pharmaceutical JSC
VN:MKV
|
$8.55K |
|
NIPPON TEL&TEL
BE:NTT
|
$8.55K |
|
Wah Nobel Chemicals Ltd
KAR:WAHN
|
$8.55K |
|
ENENSYS TECHNOLOG EO-25
F:20U
|
$8.54K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in J and Friends Holdings Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -392,955,000 to -408,873,000, a change of -15,918,000.
- Net loss of 15,454,000 reduced equity.
- Other comprehensive income increased equity by 8,824,000.
- Other factors decreased equity by 9,288,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-15.45 Million | -3.78% |
| Other Comprehensive Income | $8.82 Million | +2.16% |
| Other Changes | $-9.29 Million | -2.27% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares J and Friends Holdings Limited'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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | $-196.80 | $0.93 | x |
| 2017-12-31 | $-1213.04 | $0.93 | x |
| 2019-12-31 | $822.93 | $0.93 | x |
| 2020-12-31 | $-490.02 | $0.93 | x |
| 2021-12-31 | $-919.33 | $0.93 | x |
| 2022-12-31 | $-1641.08 | $0.93 | x |
| 2023-12-31 | $-973.03 | $0.93 | x |
| 2024-12-31 | $-902.98 | $0.93 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently J and Friends Holdings Limited 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -43.98%
- • Asset Turnover: 0.34x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-59.79%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 0.00% | -365.37% | 0.10x | 0.00x | $-199.57 Million |
| 2017 | 0.00% | -22.92% | 0.23x | 0.00x | $-124.13 Million |
| 2019 | -478.29% | -70.53% | 0.82x | 8.23x | $-925.44 Million |
| 2020 | 0.00% | -77.71% | 0.39x | 0.00x | $-282.04 Million |
| 2021 | 0.00% | -58.72% | 0.23x | 0.00x | $-79.24 Million |
| 2022 | 0.00% | -255.05% | 0.14x | 0.00x | $-149.98 Million |
| 2023 | 0.00% | -149.41% | 0.47x | 0.00x | $-39.47 Million |
| 2024 | 0.00% | -43.98% | 0.34x | 0.00x | $25.43 Million |
Industry Comparison
This section compares J and Friends Holdings Limited's net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $42,167,772,618
- Average return on equity (ROE) among peers: 3.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| J and Friends Holdings Limited (JF) | $-400.15 Million | 0.00% | N/A | $8.55K |
| Accord Financial Corp (ACCFF) | $103.96 Million | 11.43% | 4.00x | $8.00 Million |
| Acom Co. Ltd (ACJJF) | $306.73 Billion | 3.47% | 2.77x | $799.50 Million |
| Affirm Holdings Inc (AFRM) | $3.07 Billion | 1.70% | 2.63x | $13.28 Billion |
| Federal Agricultural Mortgage Corporation (AGM) | $47.20 Million | 1.69% | 11.77x | $1.51 Billion |
| Aiful Corp (AIFLF) | $97.47 Billion | -37.44% | 4.75x | $852.52 Million |
| Jianpu Technology Inc (AIJTY) | $520.74 Million | 20.38% | 0.93x | $16.37 Million |
| AIOS Tech Inc. (AIOS) | $40.53 Million | 17.61% | 0.35x | $2.83 Million |
| Ally Financial Inc (ALLY) | $13.49 Billion | 6.88% | 11.39x | $10.34 Billion |
| Alpha Investment Inc (ALPC) | $-38.66K | 0.00% | 0.00x | $166.69 Million |
| Antalpha Platform Holding Co (ANTA) | $202.32 Million | 9.14% | 10.90x | $14.83 Million |