Jianpu Technology Inc
Jianpu Technology Inc. operates an open financial technology platform under the Rong360 brand primarily in the People's Republic of China. The company's platform connects users with various financial products and other services, including credit cards, loans, insurance products, and other financial products. It provides search and recommendation results using digital technology to cater to the ne… Read more
Jianpu Technology Inc (AIJTY) - Net Assets
Latest net assets as of June 2025: $569.67 Million USD
Based on the latest financial reports, Jianpu Technology Inc (AIJTY) has net assets worth $569.67 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 ($991.43 Million) and total liabilities ($421.76 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 | $569.67 Million |
| % of Total Assets | 57.46% |
| Annual Growth Rate | -7.96% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 19.64 |
Jianpu Technology Inc - Net Assets Trend (2020–2024)
This chart illustrates how Jianpu Technology Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Jianpu Technology Inc (2020–2024)
The table below shows the annual net assets of Jianpu Technology Inc from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-09-30 | $520.74 Million | +24.75% |
| 2023-09-30 | $417.43 Million | -4.33% |
| 2022-09-30 | $436.32 Million | -16.49% |
| 2021-09-30 | $522.45 Million | -28.00% |
| 2020-09-30 | $725.64 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Jianpu Technology Inc'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 24486000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $1.87 Billion | 358.38% |
| Total Equity | $520.47 Million | 100.00% |
Jianpu Technology Inc Competitors by Market Cap
The table below lists competitors of Jianpu Technology Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bioceres Crop Solutions Corp
NASDAQ:BIOX
|
$16.37 Million |
|
AVENG LTD. RC 25
F:UG8
|
$16.37 Million |
|
Birla Cable Limited
NSE:BIRLACABLE
|
$16.37 Million |
|
Lifco AB Series B
LSE:0R4P
|
$16.37 Million |
|
Hyundai C&F Inc
KO:227840
|
$16.36 Million |
|
DGR Global Ltd
AU:DGR
|
$16.36 Million |
|
Karsu Tekstil Sanayi ve Ticaret AS
IS:KRTEK
|
$16.36 Million |
|
NeuPath Health Inc
V:NPTH
|
$16.35 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jianpu Technology Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 416,901,000 to 520,470,000, a change of 103,569,000 (24.8%).
- Net income of 106,131,000 contributed positively to equity growth.
- Share repurchases of 11,266,000 reduced equity.
- Other factors increased equity by 8,704,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $106.13 Million | +20.39% |
| Share Repurchases | $11.27 Million | -2.16% |
| Other Changes | $8.70 Million | +1.67% |
| Total Change | $- | 24.84% |
Book Value vs Market Value Analysis
This analysis compares Jianpu Technology Inc'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: 0.23x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-09-30 | $1.65 | $0.32 | x |
| 2021-09-30 | $1.18 | $0.32 | x |
| 2022-09-30 | $1.01 | $0.32 | x |
| 2023-09-30 | $0.98 | $0.32 | x |
| 2024-09-30 | $1.40 | $0.32 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jianpu Technology Inc 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): 20.39%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.55%
- • Asset Turnover: 1.00x
- • Equity Multiplier: 1.93x
- Recent ROE (20.39%) is above the historical average (-19.64%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -43.43% | -51.92% | 0.42x | 2.00x | $-374.18 Million |
| 2021 | -39.84% | -24.82% | 0.75x | 2.13x | $-249.94 Million |
| 2022 | -28.92% | -12.56% | 1.03x | 2.24x | $-167.29 Million |
| 2023 | -6.42% | -2.50% | 1.15x | 2.24x | $-68.46 Million |
| 2024 | 20.39% | 10.55% | 1.00x | 1.93x | $54.08 Million |
Industry Comparison
This section compares Jianpu Technology Inc's net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $46,795,220,242
- Average return on equity (ROE) among peers: 1.61%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jianpu Technology Inc (AIJTY) | $569.67 Million | -43.43% | 0.74x | $16.37 Million |
| 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 |
| 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 |