Jilin Chemical Fibre Co Ltd

SHE:000420 China Textile Manufacturing
Market Cap
$1.84 Billion
CN¥13.47 Billion CNY
Market Cap Rank
#6188 Global
#915 in China
Share Price
CN¥5.48
Change (1 day)
+7.45%
52-Week Range
CN¥3.34 - CN¥5.48
All Time High
CN¥6.33
Categories
Companies in China Textile Manufacturing
About

Jilin Chemical Fibre Stock Co.,Ltd engages in the provision of viscose fiber in China. The company offers rayon, acrylic fiber, bamboo fiber, carbon fiber, and composite products. It distributes its products in Asia, Europe, America, Africa Asia, Europe, and Africa. The company was founded in 1960 and is based in Jilin, China.

Jilin Chemical Fibre Co Ltd (000420) - Net Assets

Latest net assets as of September 2025: CN¥4.92 Billion CNY

Based on the latest financial reports, Jilin Chemical Fibre Co Ltd (000420) has net assets worth CN¥4.92 Billion CNY as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥13.70 Billion) and total liabilities (CN¥8.78 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 CN¥4.92 Billion
% of Total Assets 35.93%
Annual Growth Rate 9.92%
5-Year Change 57.18%
10-Year Change 402.6%
Growth Volatility 93.81

Jilin Chemical Fibre Co Ltd - Net Assets Trend (1993–2024)

This chart illustrates how Jilin Chemical Fibre Co Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Jilin Chemical Fibre Co Ltd (1993–2024)

The table below shows the annual net assets of Jilin Chemical Fibre Co Ltd from 1993 to 2024.

Year Net Assets Change
2024-12-31 CN¥4.89 Billion +12.12%
2023-12-31 CN¥4.36 Billion +0.74%
2022-12-31 CN¥4.33 Billion +46.41%
2021-12-31 CN¥2.96 Billion -4.96%
2020-12-31 CN¥3.11 Billion +3.08%
2019-12-31 CN¥3.02 Billion +3.42%
2018-12-31 CN¥2.92 Billion +5.01%
2017-12-31 CN¥2.78 Billion +3.23%
2016-12-31 CN¥2.69 Billion +176.70%
2015-12-31 CN¥973.27 Million -4.46%
2014-12-31 CN¥1.02 Billion +492.80%
2013-12-31 CN¥171.85 Million -71.47%
2012-12-31 CN¥602.42 Million +0.16%
2011-12-31 CN¥601.47 Million -34.15%
2010-12-31 CN¥913.44 Million -7.82%
2009-12-31 CN¥990.92 Million +2.42%
2008-12-31 CN¥967.47 Million -28.36%
2007-12-31 CN¥1.35 Billion +9.20%
2006-12-31 CN¥1.24 Billion +3.46%
2005-12-31 CN¥1.20 Billion +2.85%
2004-12-31 CN¥1.16 Billion +3.04%
2003-12-31 CN¥1.13 Billion +5.01%
2002-12-31 CN¥1.07 Billion -0.03%
2001-12-31 CN¥1.07 Billion -9.40%
2000-12-31 CN¥1.19 Billion +31.09%
1999-12-31 CN¥904.62 Million +7.10%
1998-12-31 CN¥844.62 Million +37.57%
1997-12-31 CN¥613.95 Million +4.50%
1996-12-31 CN¥587.50 Million +80.75%
1995-12-31 CN¥325.04 Million +12.49%
1994-12-31 CN¥288.96 Million +11.00%
1993-12-31 CN¥260.33 Million --

Equity Component Analysis

This analysis shows how different components contribute to Jilin Chemical Fibre Co Ltd'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 60638858100.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥2.46 Billion 56.00%
Other Components CN¥2.54 Billion 57.81%
Total Equity CN¥4.39 Billion 100.00%

Jilin Chemical Fibre Co Ltd Competitors by Market Cap

The table below lists competitors of Jilin Chemical Fibre Co Ltd ranked by their market capitalization.

Company Market Cap
Infinera Corporation
NASDAQ:INFN
 		$1.35 Billion
Zhejiang Shenghua Biok Biology Co Ltd
SHG:600226
 		$1.35 Billion
Shandong Xinchao Energy Co Ltd
SHG:600777
 		$1.35 Billion
SNGN Romgaz SA
LSE:SNGR
 		$1.35 Billion
MaxLinear Inc
NASDAQ:MXL
 		$1.35 Billion
Daetwyler Holding AG
LSE:0QNJ
 		$1.35 Billion
NINETY ONE LTD RC-0002
F:L91
 		$1.35 Billion
Hamilton Insurance Group, Ltd.
NYSE:HG
 		$1.35 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Jilin Chemical Fibre Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 4,362,740,918 to 4,390,453,748, a change of 27,712,830 (0.6%).
  • Net income of 27,712,835 contributed positively to equity growth.
  • Dividend payments of 193,363,153 reduced retained earnings.
  • Other factors increased equity by 193,363,148.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥27.71 Million +0.63%
Dividends Paid CN¥193.36 Million -4.4%
Other Changes CN¥193.36 Million +4.4%
Total Change CN¥- 0.64%

Book Value vs Market Value Analysis

This analysis compares Jilin Chemical Fibre Co Ltd'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: 3.06x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 12.79x to 3.06x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1995-12-31 CN¥0.43 CN¥5.48 x
1996-12-31 CN¥0.77 CN¥5.48 x
1997-12-31 CN¥0.81 CN¥5.48 x
1998-12-31 CN¥1.11 CN¥5.48 x
1999-12-31 CN¥1.19 CN¥5.48 x
2000-12-31 CN¥1.56 CN¥5.48 x
2001-12-31 CN¥1.41 CN¥5.48 x
2002-12-31 CN¥1.40 CN¥5.48 x
2003-12-31 CN¥1.47 CN¥5.48 x
2004-12-31 CN¥1.52 CN¥5.48 x
2005-12-31 CN¥1.57 CN¥5.48 x
2006-12-31 CN¥1.61 CN¥5.48 x
2007-12-31 CN¥1.68 CN¥5.48 x
2008-12-31 CN¥1.16 CN¥5.48 x
2009-12-31 CN¥1.26 CN¥5.48 x
2010-12-31 CN¥1.07 CN¥5.48 x
2011-12-31 CN¥0.68 CN¥5.48 x
2012-12-31 CN¥0.68 CN¥5.48 x
2013-12-31 CN¥0.16 CN¥5.48 x
2014-12-31 CN¥1.21 CN¥5.48 x
2015-12-31 CN¥0.57 CN¥5.48 x
2016-12-31 CN¥1.60 CN¥5.48 x
2017-12-31 CN¥1.41 CN¥5.48 x
2018-12-31 CN¥1.48 CN¥5.48 x
2019-12-31 CN¥1.53 CN¥5.48 x
2020-12-31 CN¥1.43 CN¥5.48 x
2021-12-31 CN¥1.37 CN¥5.48 x
2022-12-31 CN¥1.89 CN¥5.48 x
2023-12-31 CN¥1.78 CN¥5.48 x
2024-12-31 CN¥1.79 CN¥5.48 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Jilin Chemical Fibre Co Ltd 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): 0.63%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 0.71%
  • • Asset Turnover: 0.31x
  • • Equity Multiplier: 2.89x
  • Recent ROE (0.63%) is above the historical average (-11.44%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1995 27.48% 9.06% 1.33x 2.28x CN¥56.81 Million
1996 9.17% 7.35% 0.69x 1.81x CN¥-4.87 Million
1997 10.13% 7.79% 0.77x 1.69x CN¥790.71K
1998 10.13% 11.99% 0.61x 1.39x CN¥1.09 Million
1999 10.32% 11.65% 0.56x 1.58x CN¥2.92 Million
2000 3.23% 4.42% 0.41x 1.79x CN¥-80.13 Million
2001 -10.66% -11.20% 0.49x 1.92x CN¥-221.69 Million
2002 0.78% 0.82% 0.51x 1.86x CN¥-98.34 Million
2003 4.72% 4.65% 0.55x 1.85x CN¥-59.07 Million
2004 6.14% 5.16% 0.65x 1.83x CN¥-44.47 Million
2005 2.58% 2.45% 0.60x 1.76x CN¥-88.57 Million
2006 1.87% 1.31% 0.72x 1.97x CN¥-96.53 Million
2007 6.27% 3.58% 0.82x 2.14x CN¥-47.08 Million
2008 -40.93% -20.17% 0.76x 2.67x CN¥-447.77 Million
2009 1.98% 0.96% 0.68x 3.05x CN¥-71.75 Million
2010 -9.77% -3.38% 0.80x 3.61x CN¥-159.79 Million
2011 -57.32% -12.69% 0.76x 5.92x CN¥-345.26 Million
2012 1.93% 0.64% 0.45x 6.70x CN¥-41.60 Million
2013 -323.42% -28.21% 0.35x 32.86x CN¥-405.70 Million
2014 1.58% 1.51% 0.31x 3.35x CN¥-83.13 Million
2015 1.48% 1.39% 0.39x 2.73x CN¥-82.83 Million
2016 1.20% 2.33% 0.30x 1.71x CN¥-237.62 Million
2017 3.07% 3.89% 0.36x 2.22x CN¥-193.09 Million
2018 4.54% 5.17% 0.36x 2.45x CN¥-159.51 Million
2019 3.02% 3.38% 0.32x 2.82x CN¥-210.11 Million
2020 -7.52% -9.33% 0.29x 2.80x CN¥-543.46 Million
2021 -4.36% -3.61% 0.41x 2.96x CN¥-425.50 Million
2022 -2.11% -2.49% 0.35x 2.43x CN¥-524.50 Million
2023 0.74% 0.86% 0.35x 2.45x CN¥-404.09 Million
2024 0.63% 0.71% 0.31x 2.89x CN¥-411.33 Million

Industry Comparison

This section compares Jilin Chemical Fibre Co Ltd's net assets metrics with peer companies in the Textile Manufacturing industry.

Industry Context

  • Industry: Textile Manufacturing
  • Average net assets among peers: $2,010,595,060
  • Average return on equity (ROE) among peers: 4.02%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Jilin Chemical Fibre Co Ltd (000420) CN¥4.92 Billion 27.48% 1.78x $1.35 Billion
Shijiazhuang Changshan Textile Co Ltd (000158) $6.01 Billion 5.91% 1.13x $2.82 Billion
Anhui Huamao Textile Co Ltd (000850) $1.46 Billion 9.44% 1.18x $321.50 Million
Xinxiang Chemical Fiber Co Ltd (000949) $5.51 Billion -7.89% 1.03x $1.15 Billion
Xinlong Holding Group Co Ltd (000955) $456.17 Million 0.57% 1.07x $279.03 Million
Jiiangsu Times Textile Technology Co.LTD (001234) $895.28 Million 7.28% 0.27x $106.39 Million
Anhui Guqi Down & Feather (001390) $913.70 Million 18.41% 0.55x $30.69K
Huafu Top Dyed Melange Yarn Co Ltd (002042) $218.05 Million -26.65% 0.95x $570.82 Million
Sunvim Group Co Ltd (002083) $2.51 Billion 5.50% 1.43x $791.11 Million
Hongda High-Tech Holding Co Ltd (002144) $122.66 Million 23.59% 1.10x $232.55 Million