J.S. Corrugating Machinery Co Ltd
J.S. Corrugating Machinery Co., Ltd. engages in the intelligent high-end manufacturing equipment business for photovoltaic and paper packaging equipment sectors in the People's Republic of China and internationally. It is involved in the corrugated packaging intelligent whole factory solutions; paper packaging supply chain business; research and development, manufacturing, sale, and service of in… Read more
J.S. Corrugating Machinery Co Ltd (000821) - Net Assets
Latest net assets as of September 2025: CN¥4.53 Billion CNY
Based on the latest financial reports, J.S. Corrugating Machinery Co Ltd (000821) has net assets worth CN¥4.53 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¥13.86 Billion) and total liabilities (CN¥9.33 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¥4.53 Billion |
| % of Total Assets | 32.7% |
| Annual Growth Rate | 11.48% |
| 5-Year Change | 80.58% |
| 10-Year Change | 139.67% |
| Growth Volatility | 26.64 |
J.S. Corrugating Machinery Co Ltd - Net Assets Trend (1995–2024)
This chart illustrates how J.S. Corrugating Machinery 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 J.S. Corrugating Machinery Co Ltd (1995–2024)
The table below shows the annual net assets of J.S. Corrugating Machinery Co Ltd from 1995 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥4.26 Billion | +13.05% |
| 2023-12-31 | CN¥3.77 Billion | +12.03% |
| 2022-12-31 | CN¥3.36 Billion | +12.50% |
| 2021-12-31 | CN¥2.99 Billion | +26.74% |
| 2020-12-31 | CN¥2.36 Billion | +2.31% |
| 2019-12-31 | CN¥2.30 Billion | -19.59% |
| 2018-12-31 | CN¥2.87 Billion | +50.31% |
| 2017-12-31 | CN¥1.91 Billion | +2.31% |
| 2016-12-31 | CN¥1.86 Billion | +4.90% |
| 2015-12-31 | CN¥1.78 Billion | +51.31% |
| 2014-12-31 | CN¥1.17 Billion | +1.64% |
| 2013-12-31 | CN¥1.16 Billion | +8.42% |
| 2012-12-31 | CN¥1.07 Billion | -9.38% |
| 2011-12-31 | CN¥1.18 Billion | +1.43% |
| 2010-12-31 | CN¥1.16 Billion | +2.74% |
| 2009-12-31 | CN¥1.13 Billion | +0.27% |
| 2008-12-31 | CN¥1.13 Billion | -1.11% |
| 2007-12-31 | CN¥1.14 Billion | +1.37% |
| 2006-12-31 | CN¥1.12 Billion | -0.36% |
| 2005-12-31 | CN¥1.13 Billion | +1.91% |
| 2004-12-31 | CN¥1.11 Billion | -0.03% |
| 2003-12-31 | CN¥1.11 Billion | +3.20% |
| 2002-12-31 | CN¥1.07 Billion | +24.04% |
| 2001-12-31 | CN¥863.72 Million | +6.44% |
| 2000-12-31 | CN¥811.43 Million | +4.04% |
| 1999-12-31 | CN¥779.93 Million | +5.68% |
| 1998-12-31 | CN¥738.00 Million | +127.30% |
| 1997-12-31 | CN¥324.67 Million | +37.77% |
| 1996-12-31 | CN¥235.66 Million | +29.37% |
| 1995-12-31 | CN¥182.17 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to J.S. Corrugating Machinery 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 grown by 17857.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥1.16 Billion | 28.81% |
| Common Stock | CN¥622.87 Million | 15.42% |
| Other Components | CN¥2.25 Billion | 55.77% |
| Total Equity | CN¥4.04 Billion | 100.00% |
J.S. Corrugating Machinery Co Ltd Competitors by Market Cap
The table below lists competitors of J.S. Corrugating Machinery Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fortune Real Estate Investment Trust
PINK:FRIVF
|
$763.72 Million |
|
ScanSource Inc
NASDAQ:SCSC
|
$764.30 Million |
|
Theon International Plc
AS:THEON
|
$764.67 Million |
|
Pacira BioSciences, Inc.
NASDAQ:PCRX
|
$764.74 Million |
|
Global Digital Niaga
JK:BELI
|
$763.54 Million |
|
LIMBACH HLDGS DL-0001
F:J4B
|
$763.46 Million |
|
Astronics Corp Cl B
PINK:ATROB
|
$763.27 Million |
|
Grindwell Norton Limited
NSE:GRINDWELL
|
$763.21 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in J.S. Corrugating Machinery Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,645,727,193 to 4,040,050,752, a change of 394,323,559 (10.8%).
- Net income of 428,789,900 contributed positively to equity growth.
- Dividend payments of 85,964,544 reduced retained earnings.
- Other factors increased equity by 51,498,203.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥428.79 Million | +10.61% |
| Dividends Paid | CN¥85.96 Million | -2.13% |
| Other Changes | CN¥51.50 Million | +1.27% |
| Total Change | CN¥- | 10.82% |
Book Value vs Market Value Analysis
This analysis compares J.S. Corrugating Machinery 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: 2.02x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 27.11x to 2.02x 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¥0.48 | CN¥13.13 | x |
| 1996-12-31 | CN¥0.63 | CN¥13.13 | x |
| 1997-12-31 | CN¥0.88 | CN¥13.13 | x |
| 1998-12-31 | CN¥2.02 | CN¥13.13 | x |
| 1999-12-31 | CN¥2.14 | CN¥13.13 | x |
| 2000-12-31 | CN¥2.22 | CN¥13.13 | x |
| 2001-12-31 | CN¥2.37 | CN¥13.13 | x |
| 2002-12-31 | CN¥2.94 | CN¥13.13 | x |
| 2003-12-31 | CN¥3.05 | CN¥13.13 | x |
| 2004-12-31 | CN¥3.05 | CN¥13.13 | x |
| 2005-12-31 | CN¥3.12 | CN¥13.13 | x |
| 2006-12-31 | CN¥3.33 | CN¥13.13 | x |
| 2007-12-31 | CN¥3.17 | CN¥13.13 | x |
| 2008-12-31 | CN¥4.26 | CN¥13.13 | x |
| 2009-12-31 | CN¥3.51 | CN¥13.13 | x |
| 2010-12-31 | CN¥3.37 | CN¥13.13 | x |
| 2011-12-31 | CN¥3.66 | CN¥13.13 | x |
| 2012-12-31 | CN¥3.07 | CN¥13.13 | x |
| 2013-12-31 | CN¥3.16 | CN¥13.13 | x |
| 2014-12-31 | CN¥3.06 | CN¥13.13 | x |
| 2015-12-31 | CN¥3.44 | CN¥13.13 | x |
| 2016-12-31 | CN¥3.95 | CN¥13.13 | x |
| 2017-12-31 | CN¥3.86 | CN¥13.13 | x |
| 2018-12-31 | CN¥5.37 | CN¥13.13 | x |
| 2019-12-31 | CN¥4.20 | CN¥13.13 | x |
| 2020-12-31 | CN¥4.32 | CN¥13.13 | x |
| 2021-12-31 | CN¥5.25 | CN¥13.13 | x |
| 2022-12-31 | CN¥5.35 | CN¥13.13 | x |
| 2023-12-31 | CN¥5.85 | CN¥13.13 | x |
| 2024-12-31 | CN¥6.50 | CN¥13.13 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently J.S. Corrugating Machinery 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): 10.61%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.92%
- • Asset Turnover: 0.62x
- • Equity Multiplier: 3.48x
- Recent ROE (10.61%) is above the historical average (6.77%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1995 | 41.92% | 28.08% | 0.81x | 1.85x | CN¥55.75 Million |
| 1996 | 36.01% | 24.40% | 0.86x | 1.71x | CN¥59.54 Million |
| 1997 | 27.99% | 23.15% | 0.83x | 1.45x | CN¥57.21 Million |
| 1998 | 11.83% | 20.76% | 0.48x | 1.19x | CN¥13.35 Million |
| 1999 | 12.11% | 20.40% | 0.52x | 1.15x | CN¥16.29 Million |
| 2000 | 11.18% | 16.61% | 0.45x | 1.49x | CN¥9.44 Million |
| 2001 | 10.39% | 15.01% | 0.42x | 1.64x | CN¥3.35 Million |
| 2002 | 4.82% | 8.73% | 0.39x | 1.41x | CN¥-55.00 Million |
| 2003 | 3.65% | 6.74% | 0.39x | 1.40x | CN¥-69.92 Million |
| 2004 | 3.14% | 5.63% | 0.41x | 1.37x | CN¥-75.58 Million |
| 2005 | 2.08% | 4.72% | 0.35x | 1.25x | CN¥-89.08 Million |
| 2006 | 3.01% | 5.57% | 0.42x | 1.28x | CN¥-78.36 Million |
| 2007 | 2.86% | 6.09% | 0.38x | 1.24x | CN¥-81.17 Million |
| 2008 | 0.47% | 1.01% | 0.39x | 1.19x | CN¥-107.14 Million |
| 2009 | 0.28% | 0.82% | 0.30x | 1.17x | CN¥-109.53 Million |
| 2010 | 2.67% | 5.91% | 0.37x | 1.23x | CN¥-84.91 Million |
| 2011 | 0.27% | 0.47% | 0.42x | 1.40x | CN¥-111.80 Million |
| 2012 | -7.82% | -16.00% | 0.36x | 1.37x | CN¥-189.80 Million |
| 2013 | 0.95% | 1.41% | 0.38x | 1.76x | CN¥-97.04 Million |
| 2014 | 0.98% | 1.15% | 0.48x | 1.80x | CN¥-97.39 Million |
| 2015 | 3.05% | 4.93% | 0.37x | 1.68x | CN¥-115.10 Million |
| 2016 | 4.93% | 6.66% | 0.43x | 1.70x | CN¥-87.77 Million |
| 2017 | 8.26% | 9.97% | 0.51x | 1.62x | CN¥-32.34 Million |
| 2018 | 5.18% | 6.40% | 0.44x | 1.85x | CN¥-133.78 Million |
| 2019 | -23.34% | -22.92% | 0.46x | 2.22x | CN¥-739.22 Million |
| 2020 | 2.35% | 1.76% | 0.50x | 2.70x | CN¥-174.72 Million |
| 2021 | 4.95% | 3.57% | 0.52x | 2.66x | CN¥-148.88 Million |
| 2022 | 9.16% | 6.20% | 0.49x | 3.02x | CN¥-27.76 Million |
| 2023 | 9.23% | 4.66% | 0.45x | 4.41x | CN¥-28.06 Million |
| 2024 | 10.61% | 4.92% | 0.62x | 3.48x | CN¥24.78 Million |
Industry Comparison
This section compares J.S. Corrugating Machinery Co Ltd's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $1,173,620,403
- Average return on equity (ROE) among peers: -0.03%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| J.S. Corrugating Machinery Co Ltd (000821) | CN¥4.53 Billion | 41.92% | 2.06x | $763.60 Million |
| Huayi Compressor Co Ltd (000404) | $83.42 Million | 0.00% | 1.93x | $437.73 Million |
| Shenyang Machine Tool Co Ltd (000410) | $973.75 Million | 2.65% | 2.70x | $1.49 Billion |
| North Industries Group Red Arrow Co Ltd (000519) | $351.55 Million | 1.05% | 0.46x | $1.93 Billion |
| Changchai Co Ltd (000570) | $1.42 Billion | 15.77% | 1.09x | $381.98 Million |
| Jiangsu Youli Investment Holding Co Ltd (000584) | $654.39 Million | 0.62% | 0.63x | $25.43 Million |
| Baota Industry Co Ltd (000595) | $374.06 Million | -44.66% | 1.53x | $540.37 Million |
| SUFA Technology Industry Co Ltd CNNC (000777) | $2.16 Billion | 10.62% | 0.70x | $970.60 Million |
| Qinchuan Machine Tool & Tool Group Share Co Ltd (000837) | $316.88 Million | 9.87% | 0.41x | $876.35 Million |
| Ning Xia Yin Xing Energy Co Ltd (000862) | $4.23 Billion | 3.79% | 1.25x | $459.10 Million |