Jardine Cycle & Carriage Limited
Jardine Cycle & Carriage Limited, an investment holding company, engages in providing the financial services, heavy equipment, mining, construction and energy, agribusiness, infrastructure and logistics, information technology, and property businesses in Indonesia, Singapore, and Malaysia. It manufactures, assembles, distributes, and retails motor vehicles, motorcycles and scooters; and provides … Read more
Jardine Cycle & Carriage Limited (JCYCF) - Net Assets
Latest net assets as of June 2025: $18.70 Billion USD
Based on the latest financial reports, Jardine Cycle & Carriage Limited (JCYCF) has net assets worth $18.70 Billion USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($33.19 Billion) and total liabilities ($14.50 Billion). 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 | $18.70 Billion |
| % of Total Assets | 56.33% |
| Annual Growth Rate | 15.11% |
| 5-Year Change | 20.33% |
| 10-Year Change | 67.31% |
| Growth Volatility | 62.62 |
Jardine Cycle & Carriage Limited - Net Assets Trend (2003–2024)
This chart illustrates how Jardine Cycle & Carriage 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 Jardine Cycle & Carriage Limited (2003–2024)
The table below shows the annual net assets of Jardine Cycle & Carriage Limited from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $18.42 Billion | +3.39% |
| 2023-12-31 | $17.82 Billion | +8.30% |
| 2022-12-31 | $16.45 Billion | +0.33% |
| 2021-12-31 | $16.40 Billion | +7.11% |
| 2020-12-31 | $15.31 Billion | +2.15% |
| 2019-12-31 | $14.98 Billion | +11.05% |
| 2018-12-31 | $13.49 Billion | +0.39% |
| 2017-12-31 | $13.44 Billion | +11.30% |
| 2016-12-31 | $12.08 Billion | +9.70% |
| 2015-12-31 | $11.01 Billion | +1.94% |
| 2014-12-31 | $10.80 Billion | +9.26% |
| 2013-12-31 | $9.88 Billion | -7.74% |
| 2012-12-31 | $10.71 Billion | +7.49% |
| 2011-12-31 | $9.97 Billion | +23.68% |
| 2010-12-31 | $8.06 Billion | +25.28% |
| 2009-12-31 | $6.43 Billion | +33.36% |
| 2008-12-31 | $4.82 Billion | +298.09% |
| 2007-12-31 | $1.21 Billion | +15.80% |
| 2006-12-31 | $1.05 Billion | +22.80% |
| 2005-12-31 | $851.90 Million | -18.70% |
| 2004-12-31 | $1.05 Billion | +9.34% |
| 2003-12-31 | $958.40 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Jardine Cycle & Carriage 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 grown by 907420000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $9.07 Billion | 109.44% |
| Common Stock | $1.38 Billion | 16.66% |
| Other Comprehensive Income | $-2.16 Billion | -26.10% |
| Total Equity | $8.29 Billion | 100.00% |
Jardine Cycle & Carriage Limited Competitors by Market Cap
The table below lists competitors of Jardine Cycle & Carriage Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Indian Energy Exchange Limited
NSE:IEX
|
$1.10 Billion |
|
Excelerate Energy Inc
NYSE:EE
|
$1.10 Billion |
|
TS TECH Co., Ltd.
PINK:TTCAF
|
$1.10 Billion |
|
Dlocal Ltd
NASDAQ:DLO
|
$1.10 Billion |
|
Noritsu Koki Company. Ltd
OTCGREY:NKOKF
|
$1.10 Billion |
|
JNBBY
PINK:JNBBY
|
$1.10 Billion |
|
99 Speed Mart Retail Holdings Berhad
KLSE:5326
|
$1.10 Billion |
|
Österreichische Post AG
XETRA:O3P
|
$1.10 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jardine Cycle & Carriage Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 8,039,400,000 to 8,291,300,000, a change of 251,900,000 (3.1%).
- Net income of 945,800,000 contributed positively to equity growth.
- Dividend payments of 466,400,000 reduced retained earnings.
- Other comprehensive income decreased equity by 228,700,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $945.80 Million | +11.41% |
| Dividends Paid | $466.40 Million | -5.63% |
| Other Comprehensive Income | $-228.70 Million | -2.76% |
| Other Changes | $1.20 Million | +0.01% |
| Total Change | $- | 3.13% |
Book Value vs Market Value Analysis
This analysis compares Jardine Cycle & Carriage 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: 0.93x
- 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 6.02x to 0.93x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | $3.24 | $19.50 | x |
| 2004-12-31 | $3.08 | $19.50 | x |
| 2005-12-31 | $2.47 | $19.50 | x |
| 2006-12-31 | $3.00 | $19.50 | x |
| 2007-12-31 | $3.41 | $19.50 | x |
| 2008-12-31 | $6.24 | $19.50 | x |
| 2009-12-31 | $8.12 | $19.50 | x |
| 2010-12-31 | $10.24 | $19.50 | x |
| 2011-12-31 | $12.05 | $19.50 | x |
| 2012-12-31 | $12.69 | $19.50 | x |
| 2013-12-31 | $11.65 | $19.50 | x |
| 2014-12-31 | $12.64 | $19.50 | x |
| 2015-12-31 | $13.93 | $19.50 | x |
| 2016-12-31 | $14.56 | $19.50 | x |
| 2017-12-31 | $16.26 | $19.50 | x |
| 2018-12-31 | $15.56 | $19.50 | x |
| 2019-12-31 | $17.36 | $19.50 | x |
| 2020-12-31 | $17.65 | $19.50 | x |
| 2021-12-31 | $18.64 | $19.50 | x |
| 2022-12-31 | $18.07 | $19.50 | x |
| 2023-12-31 | $20.34 | $19.50 | x |
| 2024-12-31 | $20.98 | $19.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jardine Cycle & Carriage 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): 11.41%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.24%
- • Asset Turnover: 0.69x
- • Equity Multiplier: 3.90x
- Recent ROE (11.41%) is below the historical average (21.72%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 19.05% | 15.18% | 1.05x | 1.19x | $86.76 Million |
| 2004 | 33.34% | 24.86% | 0.97x | 1.39x | $244.61 Million |
| 2005 | 49.98% | 11.21% | 2.67x | 1.67x | $340.61 Million |
| 2006 | 50.41% | 7.34% | 5.53x | 1.24x | $422.69 Million |
| 2007 | 68.06% | 9.27% | 6.71x | 1.09x | $703.36 Million |
| 2008 | 19.81% | 4.00% | 1.27x | 3.90x | $221.93 Million |
| 2009 | 16.92% | 4.73% | 0.96x | 3.73x | $205.68 Million |
| 2010 | 25.23% | 6.02% | 1.08x | 3.88x | $569.99 Million |
| 2011 | 23.38% | 5.13% | 1.05x | 4.33x | $589.74 Million |
| 2012 | 21.27% | 4.58% | 1.04x | 4.47x | $523.07 Million |
| 2013 | 21.47% | 4.62% | 1.03x | 4.51x | $488.89 Million |
| 2014 | 17.74% | 4.39% | 0.91x | 4.46x | $357.88 Million |
| 2015 | 13.06% | 4.38% | 0.78x | 3.82x | $161.41 Million |
| 2016 | 12.19% | 4.45% | 0.73x | 3.75x | $126.24 Million |
| 2017 | 12.62% | 4.58% | 0.69x | 3.97x | $168.51 Million |
| 2018 | 6.83% | 2.21% | 0.70x | 4.43x | $-195.15 Million |
| 2019 | 12.85% | 4.74% | 0.64x | 4.24x | $195.39 Million |
| 2020 | 7.75% | 4.08% | 0.48x | 3.94x | $-157.11 Million |
| 2021 | 8.97% | 3.73% | 0.61x | 3.94x | $-76.22 Million |
| 2022 | 10.36% | 3.39% | 0.74x | 4.10x | $25.82 Million |
| 2023 | 15.12% | 5.47% | 0.69x | 4.03x | $411.46 Million |
| 2024 | 11.41% | 4.24% | 0.69x | 3.90x | $116.67 Million |
Industry Comparison
This section compares Jardine Cycle & Carriage Limited's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $104,908,722,791
- Average return on equity (ROE) among peers: -580.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jardine Cycle & Carriage Limited (JCYCF) | $18.70 Billion | 19.05% | 0.78x | $1.10 Billion |
| American Biltrite Inc (ABLT) | $54.10 Million | 22.74% | 0.53x | $786.16K |
| Agro Capital Management Corp (ACMB) | $-7.15 Million | 0.00% | 0.00x | $1.01 Million |
| African Discovery Group Inc (AFDG) | $54.66K | -5848.93% | 8.34x | $87.96 |
| Asahi Kaisei Corp (AHKSY) | $824.45 Billion | 6.51% | 1.18x | $14.57 Billion |
| Ai Holdings Corporation (AIHZF) | $80.51 Billion | 19.48% | 0.17x | $516.06 Million |
| Air T Inc (AIRT) | $21.31 Million | -34.15% | 5.60x | $21.25 Million |
| Alliance Global Group Inc (ALGGY) | $144.01 Billion | 9.65% | 0.89x | $1.28 Billion |
| Alpine 4 Holdings Inc (ALPP) | $-3.86 Million | 0.00% | 0.00x | $13.53K |
| Alaska Power & Telephone Company (APTL) | $48.02 Million | 21.25% | 1.61x | $538.24K |
| Alliance Recovery Corporation (ARVY) | $-1.81 Million | 0.00% | 0.00x | $26.21 |