J-Star Holding Co., Ltd. Ordinary Shares
J-Star Holding Co., Ltd. manufactures and trades in bicycles, sports accessories, and carbon fiber composite products in Taiwan and internationally. It offers bicycles parts of sports bicycles and electric bicycles; paddle rackets for use in tennis, badminton, squash, and beach tennis; and structural parts of automobile, other sporting goods, and healthcare products. The company was founded in 19… Read more
J-Star Holding Co., Ltd. Ordinary Shares (YMAT) - Net Assets
Latest net assets as of December 2024: $13.00 Million USD
Based on the latest financial reports, J-Star Holding Co., Ltd. Ordinary Shares (YMAT) has net assets worth $13.00 Million USD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($24.38 Million) and total liabilities ($11.38 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 | $13.00 Million |
| % of Total Assets | 53.33% |
| Annual Growth Rate | 11.92% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 5.51 |
J-Star Holding Co., Ltd. Ordinary Shares - Net Assets Trend (2021–2024)
This chart illustrates how J-Star Holding Co., Ltd. Ordinary Shares'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-Star Holding Co., Ltd. Ordinary Shares (2021–2024)
The table below shows the annual net assets of J-Star Holding Co., Ltd. Ordinary Shares from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $13.00 Million | +9.68% |
| 2023-12-31 | $11.85 Million | +19.67% |
| 2022-12-31 | $9.90 Million | +6.82% |
| 2021-12-31 | $9.27 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to J-Star Holding Co., Ltd. Ordinary Shares'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 264716100.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $7.88 Million | 60.63% |
| Other Comprehensive Income | $507.45K | 3.90% |
| Other Components | $7.85 Million | 60.37% |
| Total Equity | $13.00 Million | 100.00% |
J-Star Holding Co., Ltd. Ordinary Shares Competitors by Market Cap
The table below lists competitors of J-Star Holding Co., Ltd. Ordinary Shares ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ACTEOS S.A
PA:EOS
|
$1.08 Million |
|
Wool Industry Tria Alfa S.A.
AT:AAAK
|
$1.08 Million |
|
Altex Industries Inc
PINK:ALTX
|
$1.08 Million |
|
CORNING INC - Dusseldorf Stock Exchang
DU:GLW
|
$1.08 Million |
|
VNUE Inc
PINK:VNUE
|
$1.08 Million |
|
Sektkellerei J.Oppmann AG
MU:1SK
|
$1.08 Million |
|
SANMINA (SAYN.SG)
STU:SAYN
|
$1.07 Million |
|
STATE STREET (ZYA.SG)
STU:ZYA
|
$1.07 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in J-Star Holding Co., Ltd. Ordinary Shares's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 11,852,248 to 12,999,263, a change of 1,147,015 (9.7%).
- Net income of 1,104,213 contributed positively to equity growth.
- Other comprehensive income decreased equity by 88,910.
- Other factors increased equity by 131,712.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.10 Million | +8.49% |
| Other Comprehensive Income | $-88.91K | -0.68% |
| Other Changes | $131.71K | +1.01% |
| Total Change | $- | 9.68% |
Book Value vs Market Value Analysis
This analysis compares J-Star Holding Co., Ltd. Ordinary Shares'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: 0.42x
- 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 decreased from 0.69x to 0.42x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | $0.47 | $0.32 | x |
| 2022-12-31 | $0.53 | $0.32 | x |
| 2023-12-31 | $0.70 | $0.32 | x |
| 2024-12-31 | $0.76 | $0.32 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently J-Star Holding Co., Ltd. Ordinary Shares 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): 8.49%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.29%
- • Asset Turnover: 0.72x
- • Equity Multiplier: 1.88x
- Recent ROE (8.49%) is above the historical average (5.07%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -1.43% | -0.42% | 0.77x | 4.36x | $-1.06 Million |
| 2022 | 1.26% | 0.32% | 0.97x | 4.11x | $-866.11K |
| 2023 | 11.97% | 5.97% | 1.13x | 1.78x | $233.42K |
| 2024 | 8.49% | 6.29% | 0.72x | 1.88x | $-195.71K |
Industry Comparison
This section compares J-Star Holding Co., Ltd. Ordinary Shares's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $7,181,833,981
- Average return on equity (ROE) among peers: 7.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| J-Star Holding Co., Ltd. Ordinary Shares (YMAT) | $13.00 Million | -1.43% | 0.88x | $1.08 Million |
| AirBoss of America Corp (ABSSF) | $197.00 Million | -16.19% | 1.24x | $57.06 Million |
| Asia Carbon Industries Inc (ACRB) | $19.13 Million | 17.11% | 0.33x | $0.98 |
| Aimia Inc (AIMFF) | $1.29 Billion | -4.63% | 2.83x | $103.68 Million |
| L'Air Liquide S.A (AIQUF) | $11.83 Billion | 14.08% | 1.26x | $107.70 Billion |
| Akzo Nobel N.V (AKZOF) | $7.58 Billion | 14.03% | 1.29x | $9.73 Billion |
| Albemarle Corp (ALB) | $545.00 Million | 9.41% | 1.09x | $19.53 Billion |
| ALPEK S.A.B. de C.V (ALPKF) | $49.59 Billion | 15.64% | 1.50x | $214.40 Million |
| Altech Batteries Limited (ALTHF) | $97.54 Million | -5.87% | 0.01x | $27.89 Million |
| Arcadium Lithium plc (ALTM) | $333.00 Million | 14.14% | 0.12x | $6.26 Billion |
| Alto Ingredients Inc (ALTO) | $345.21 Million | 13.35% | 0.40x | $212.84 Million |