JX Luxventure Limited
JX Luxventure Limited provides tourism services and supplying related products in the People's Republic of China. The company operates in Technology, Tourism Service, and Cross-Border E-Commerce segments. It engages in the sale of packaged group tour services; and provides health care, personal care, cosmetics, maternal and child, pet-related, universal cuisine and household products, and pre-own… Read more
JX Luxventure Limited (JXJT) - Net Assets
Latest net assets as of March 2024: $15.15 Million USD
Based on the latest financial reports, JX Luxventure Limited (JXJT) has net assets worth $15.15 Million USD as of March 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($21.92 Million) and total liabilities ($6.76 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 | $15.15 Million |
| % of Total Assets | 69.14% |
| Annual Growth Rate | 17.75% |
| 5-Year Change | -72.16% |
| 10-Year Change | -85.65% |
| Growth Volatility | 1396.81 |
JX Luxventure Limited - Net Assets Trend (2012–2023)
This chart illustrates how JX Luxventure 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 JX Luxventure Limited (2012–2023)
The table below shows the annual net assets of JX Luxventure Limited from 2012 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $15.15 Million | +22.95% |
| 2022-12-31 | $12.33 Million | -60.07% |
| 2021-12-31 | $30.87 Million | -43.39% |
| 2020-12-31 | $54.53 Million | +0.16% |
| 2019-12-31 | $54.44 Million | +0.26% |
| 2018-12-31 | $54.30 Million | -26.65% |
| 2017-12-31 | $74.03 Million | -11.24% |
| 2016-12-31 | $83.40 Million | -21.03% |
| 2015-12-31 | $105.62 Million | 0.00% |
| 2014-12-31 | $105.62 Million | +4842.82% |
| 2013-12-31 | $2.14 Million | -14.96% |
| 2012-12-31 | $2.51 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to JX Luxventure 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 7129902100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $606.00 | 0.00% |
| Other Comprehensive Income | $5.74 Million | 37.86% |
| Other Components | $83.83 Million | 553.13% |
| Total Equity | $15.15 Million | 100.00% |
JX Luxventure Limited Competitors by Market Cap
The table below lists competitors of JX Luxventure Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LogProstyle Inc.
NYSE MKT:LGPS
|
$4.67 Million |
|
Mako Gold Ltd
AU:MKG
|
$4.67 Million |
|
Biomotion Sciences Ordinary Shares
NASDAQ:SLXN
|
$4.67 Million |
|
Catcha Digital Bhd
KLSE:0173
|
$4.68 Million |
|
Volcanic Gold Mines Inc
PINK:VLMZF
|
$4.67 Million |
|
Treasure ASA
OL:TRE
|
$4.67 Million |
|
Orbital Corporation Limited
PINK:OBTEF
|
$4.67 Million |
|
Louisiana Central Oil & Gas Co
PINK:LCNTU
|
$4.67 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in JX Luxventure Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 12,325,892 to 15,154,695, a change of 2,828,803 (23.0%).
- Net income of 3,043,779 contributed positively to equity growth.
- Other comprehensive income decreased equity by 214,976.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $3.04 Million | +20.08% |
| Other Comprehensive Income | $-214.98K | -1.42% |
| Total Change | $- | 22.95% |
Book Value vs Market Value Analysis
This analysis compares JX Luxventure 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
- Current price-to-book ratio: 0.34x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.03x to 0.34x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | $24.34 | $0.82 | x |
| 2013-12-31 | $13.87 | $0.82 | x |
| 2014-12-31 | $623.31 | $0.82 | x |
| 2015-12-31 | $62.33 | $0.82 | x |
| 2016-12-31 | $47.65 | $0.82 | x |
| 2017-12-31 | $39.78 | $0.82 | x |
| 2018-12-31 | $24.35 | $0.82 | x |
| 2019-12-31 | $21.63 | $0.82 | x |
| 2020-12-31 | $201.04 | $0.82 | x |
| 2021-12-31 | $68.24 | $0.82 | x |
| 2022-12-31 | $7.33 | $0.82 | x |
| 2023-12-31 | $2.38 | $0.82 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently JX Luxventure 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): 20.08%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.56%
- • Asset Turnover: 1.45x
- • Equity Multiplier: 1.45x
- Recent ROE (20.08%) is above the historical average (-63.00%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | -123.72% | 0.00% | 0.00x | 22.88x | $-3.36 Million |
| 2013 | -17.60% | -0.38% | 1.74x | 26.78x | $-589.67K |
| 2014 | 6.51% | 11.69% | 0.51x | 1.09x | $-3.68 Million |
| 2015 | 6.51% | 11.69% | 0.51x | 1.09x | $-3.68 Million |
| 2016 | -14.27% | -28.89% | 0.45x | 1.09x | $-20.24 Million |
| 2017 | -20.01% | -62.35% | 0.29x | 1.10x | $-22.22 Million |
| 2018 | -33.09% | -96.94% | 0.30x | 1.13x | $-23.40 Million |
| 2019 | -0.19% | -0.63% | 0.27x | 1.12x | $-5.55 Million |
| 2020 | -10.39% | -52.11% | 0.17x | 1.15x | $-11.12 Million |
| 2021 | -120.55% | -63.08% | 1.55x | 1.23x | $-40.30 Million |
| 2022 | -449.32% | -69.34% | 4.91x | 1.32x | $-56.62 Million |
| 2023 | 20.08% | 9.56% | 1.45x | 1.45x | $1.53 Million |
Industry Comparison
This section compares JX Luxventure Limited's net assets metrics with peer companies in the Apparel Manufacturing industry.
Industry Context
- Industry: Apparel Manufacturing
- Average net assets among peers: $452,652,321
- Average return on equity (ROE) among peers: 4.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| JX Luxventure Limited (JXJT) | $15.15 Million | -123.72% | 0.45x | $4.67 Million |
| Agavenny Corporation (AGNY) | $1.26 Million | -1.07% | 0.07x | $441.50 |
| Authentic Holdings Inc. (AHRO) | $-2.87 Million | 0.00% | 0.00x | $1.67 Million |
| Columbia Sportswear Company (COLM) | $640.83 Million | 18.74% | 0.22x | $1.42 Billion |
| China Outfitters Holdings Ltd (COUTF) | $1.66 Billion | -7.37% | 0.20x | $19.05 Million |
| Delta Galil Industries Ltd (DELTF) | $451.32 Million | 8.09% | 1.26x | $530.69 Million |
| Delta Apparel, Inc. (DLAPQ) | $182.72 Million | 10.80% | 1.87x | $705.00 |
| Exceed Company Ltd (EDSFF) | $-29.05K | 0.00% | 0.00x | $0.91 |
| Ever-Glory International Group Inc. (EVKG) | $140.96 Million | -0.07% | 1.48x | $5.52K |
| Figs Inc (FIGS) | $245.57 Million | -3.89% | 0.27x | $2.19 Billion |
| Fox-Wizel Ltd (FXWZF) | $1.21 Billion | 17.11% | 2.86x | $233.16 Million |