Jiangsu Expressway Company Limited
Jiangsu Expressway Company Limited, together with its subsidiaries, engages in investment, construction, operation, and management of toll roads and bridges in the People's Republic of China. The company operates the Jiangsu section of Shanghai-Nanjing Expressway, Ningchang Expressway, Zhenli Expressway, Guangjing Expressway, Xicheng Expressway, Xiyi Expressway, Zhendan Expressway, Changyi Expres… Read more
Jiangsu Expressway Company Limited (JEXYF) - Net Assets
Latest net assets as of September 2025: $52.30 Billion USD
Based on the latest financial reports, Jiangsu Expressway Company Limited (JEXYF) has net assets worth $52.30 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($92.82 Billion) and total liabilities ($40.51 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 | $52.30 Billion |
| % of Total Assets | 56.35% |
| Annual Growth Rate | 5.36% |
| 5-Year Change | 50.48% |
| 10-Year Change | 134.75% |
| Growth Volatility | 4.73 |
Jiangsu Expressway Company Limited - Net Assets Trend (1997–2024)
This chart illustrates how Jiangsu Expressway Company 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 Jiangsu Expressway Company Limited (1997–2024)
The table below shows the annual net assets of Jiangsu Expressway Company Limited from 1997 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $49.73 Billion | +21.63% |
| 2023-12-31 | $40.89 Billion | +7.74% |
| 2022-12-31 | $37.95 Billion | +7.33% |
| 2021-12-31 | $35.36 Billion | +6.99% |
| 2020-12-31 | $33.05 Billion | +1.12% |
| 2019-12-31 | $32.68 Billion | +11.34% |
| 2018-12-31 | $29.35 Billion | +13.36% |
| 2017-12-31 | $25.89 Billion | +12.87% |
| 2016-12-31 | $22.94 Billion | +8.29% |
| 2015-12-31 | $21.19 Billion | +1.19% |
| 2014-12-31 | $20.94 Billion | +4.17% |
| 2013-12-31 | $20.10 Billion | +4.92% |
| 2012-12-31 | $19.16 Billion | +2.94% |
| 2011-12-31 | $18.61 Billion | +3.24% |
| 2010-12-31 | $18.02 Billion | +4.75% |
| 2009-12-31 | $17.21 Billion | +4.87% |
| 2008-12-31 | $16.41 Billion | +1.67% |
| 2007-12-31 | $16.14 Billion | +4.40% |
| 2006-12-31 | $15.46 Billion | +2.71% |
| 2005-12-31 | $15.05 Billion | -0.20% |
| 2004-12-31 | $15.08 Billion | +0.78% |
| 2003-12-31 | $14.96 Billion | +6.80% |
| 2002-12-31 | $14.01 Billion | +3.00% |
| 2001-12-31 | $13.60 Billion | +0.96% |
| 2000-12-31 | $13.47 Billion | +4.97% |
| 1999-12-31 | $12.83 Billion | +2.76% |
| 1998-12-31 | $12.49 Billion | +2.77% |
| 1997-12-31 | $12.15 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Jiangsu Expressway Company 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 21801.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $15.69 Billion | 40.65% |
| Common Stock | $5.04 Billion | 13.05% |
| Other Components | $17.87 Billion | 46.30% |
| Total Equity | $38.60 Billion | 100.00% |
Jiangsu Expressway Company Limited Competitors by Market Cap
The table below lists competitors of Jiangsu Expressway Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hilton Grand Vacations Inc
NYSE:HGV
|
$2.03 Billion |
|
Page Industries Limited
NSE:PAGEIND
|
$2.03 Billion |
|
Beijing Tiantan Biological Products Corp Ltd
SHG:600161
|
$2.03 Billion |
|
Krones AG
PINK:KRNNF
|
$2.04 Billion |
|
Tecan Group Ltd
PINK:TCHBF
|
$2.03 Billion |
|
Eaglerise Electric & Electronic China Co Ltd Class A
SHE:002922
|
$2.03 Billion |
|
Hyundai Steel
KO:004020
|
$2.03 Billion |
|
Haitian International Holdings Limited
OTCGREY:HAIIF
|
$2.03 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiangsu Expressway Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 33,987,287,307 to 38,596,796,000, a change of 4,609,508,693 (13.6%).
- Net income of 4,946,691,605 contributed positively to equity growth.
- Dividend payments of 3,330,286,302 reduced retained earnings.
- Other comprehensive income decreased equity by 11,602,212,718.
- Other factors increased equity by 14,595,316,108.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $4.95 Billion | +12.82% |
| Dividends Paid | $3.33 Billion | -8.63% |
| Other Comprehensive Income | $-11.60 Billion | -30.06% |
| Other Changes | $14.60 Billion | +37.81% |
| Total Change | $- | 13.56% |
Book Value vs Market Value Analysis
This analysis compares Jiangsu Expressway Company 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: 0.14x
- 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 0.50x to 0.14x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | $2.39 | $1.20 | x |
| 1998-12-31 | $2.44 | $1.20 | x |
| 1999-12-31 | $2.48 | $1.20 | x |
| 2000-12-31 | $2.65 | $1.20 | x |
| 2001-12-31 | $2.67 | $1.20 | x |
| 2002-12-31 | $2.70 | $1.20 | x |
| 2003-12-31 | $2.89 | $1.20 | x |
| 2004-12-31 | $2.91 | $1.20 | x |
| 2005-12-31 | $2.91 | $1.20 | x |
| 2006-12-31 | $2.94 | $1.20 | x |
| 2007-12-31 | $3.12 | $1.20 | x |
| 2008-12-31 | $3.16 | $1.20 | x |
| 2009-12-31 | $3.32 | $1.20 | x |
| 2010-12-31 | $3.49 | $1.20 | x |
| 2011-12-31 | $3.60 | $1.20 | x |
| 2012-12-31 | $3.71 | $1.20 | x |
| 2013-12-31 | $3.89 | $1.20 | x |
| 2014-12-31 | $4.04 | $1.20 | x |
| 2015-12-31 | $4.06 | $1.20 | x |
| 2016-12-31 | $4.41 | $1.20 | x |
| 2017-12-31 | $4.67 | $1.20 | x |
| 2018-12-31 | $5.19 | $1.20 | x |
| 2019-12-31 | $5.67 | $1.20 | x |
| 2020-12-31 | $5.60 | $1.20 | x |
| 2021-12-31 | $6.00 | $1.20 | x |
| 2022-12-31 | $6.96 | $1.20 | x |
| 2023-12-31 | $7.40 | $1.20 | x |
| 2024-12-31 | $8.41 | $1.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiangsu Expressway Company 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): 12.82%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 21.32%
- • Asset Turnover: 0.26x
- • Equity Multiplier: 2.33x
- Recent ROE (12.82%) is above the historical average (10.22%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 2.61% | 43.35% | 0.05x | 1.17x | $-888.62 Million |
| 1998 | 4.42% | 53.58% | 0.07x | 1.15x | $-684.89 Million |
| 1999 | 4.84% | 53.13% | 0.08x | 1.16x | $-644.18 Million |
| 2000 | 5.18% | 50.05% | 0.09x | 1.13x | $-642.82 Million |
| 2001 | 5.80% | 48.02% | 0.11x | 1.11x | $-566.19 Million |
| 2002 | 6.00% | 40.31% | 0.13x | 1.11x | $-544.49 Million |
| 2003 | 6.53% | 40.39% | 0.14x | 1.15x | $-505.70 Million |
| 2004 | 5.64% | 27.02% | 0.15x | 1.41x | $-639.88 Million |
| 2005 | 4.76% | 31.73% | 0.08x | 1.86x | $-766.80 Million |
| 2006 | 7.50% | 27.87% | 0.15x | 1.76x | $-375.21 Million |
| 2007 | 10.19% | 30.15% | 0.20x | 1.65x | $29.99 Million |
| 2008 | 9.73% | 29.45% | 0.21x | 1.55x | $-42.88 Million |
| 2009 | 12.00% | 35.03% | 0.23x | 1.52x | $335.32 Million |
| 2010 | 14.15% | 36.77% | 0.27x | 1.42x | $728.03 Million |
| 2011 | 13.39% | 32.83% | 0.29x | 1.40x | $615.28 Million |
| 2012 | 12.49% | 29.93% | 0.30x | 1.38x | $464.46 Million |
| 2013 | 13.82% | 35.56% | 0.28x | 1.37x | $748.09 Million |
| 2014 | 12.65% | 32.68% | 0.29x | 1.35x | $539.92 Million |
| 2015 | 12.24% | 28.61% | 0.24x | 1.78x | $459.01 Million |
| 2016 | 15.07% | 36.37% | 0.25x | 1.63x | $1.13 Billion |
| 2017 | 15.25% | 37.94% | 0.22x | 1.81x | $1.24 Billion |
| 2018 | 16.74% | 43.90% | 0.21x | 1.84x | $1.76 Billion |
| 2019 | 14.71% | 41.67% | 0.18x | 1.95x | $1.35 Billion |
| 2020 | 8.74% | 30.68% | 0.13x | 2.17x | $-356.78 Million |
| 2021 | 14.16% | 31.03% | 0.20x | 2.24x | $1.26 Billion |
| 2022 | 11.66% | 28.09% | 0.17x | 2.46x | $530.03 Million |
| 2023 | 12.99% | 29.05% | 0.19x | 2.31x | $1.01 Billion |
| 2024 | 12.82% | 21.32% | 0.26x | 2.33x | $1.09 Billion |
Industry Comparison
This section compares Jiangsu Expressway Company Limited's net assets metrics with peer companies in the Infrastructure Operations industry.
Industry Context
- Industry: Infrastructure Operations
- Average net assets among peers: $4,332,351,260,885
- Average return on equity (ROE) among peers: 7.99%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiangsu Expressway Company Limited (JEXYF) | $52.30 Billion | 2.61% | 0.77x | $2.03 Billion |
| Mobile Infrastructure Corporation (BEEP) | $167.61 Million | -4.64% | 0.93x | $36.57 Million |
| Yuexiu Transport Infrastructure Limited (GZITF) | $10.44 Billion | 5.83% | 0.68x | $388.13 Million |
| Atlas Arteria Limited (MAQAF) | $6.49 Billion | 4.11% | 0.28x | $4.64 Billion |
| PT Jasa Marga (Persero) Tbk (PTJSF) | $38.91 Trillion | 17.46% | 2.32x | $448.70 Million |
| Promotora y Operadora de Infraestructura S. A. B. de C. V (PYOIF) | $33.03 Billion | 14.49% | 0.24x | $1.91 Billion |
| Q-Free ASA (QFREF) | $414.23 Million | -5.00% | 1.58x | $128.29 Million |
| Shenzhen Expressway Company Limited (SHZNF) | $10.87 Billion | 6.30% | 1.23x | $529.41 Million |
| Shenzhen Investment Bay Area Co Ltd (SIHBY) | $7.39 Billion | 3.77% | 0.65x | $560.29 Million |
| Transurban Group (TRAUF) | $11.15 Billion | 29.62% | 2.20x | $24.79 Billion |