Jiangsu Fasten Co Ltd

SHE:000890 China Steel
Market Cap
$697.53 Million
CN¥5.12 Billion CNY
Market Cap Rank
#13143 Global
#3357 in China
Share Price
CN¥12.20
Change (1 day)
+10.01%
52-Week Range
CN¥2.79 - CN¥12.20
All Time High
CN¥15.10
Categories
Companies in China Steel
About

Jiangsu Fasten Company Limited, together with its subsidiaries, engages in the production and sale of steel wires and wire ropes in China and internationally. It also designs and develops prefabricated parallel steel strands, prefabricated covered stay cables, dry air system equipment, anchors, suspenders, and prestressed structural cables; develops and produces building prestressed hardware prod… Read more

Jiangsu Fasten Co Ltd (000890) - Net Assets

Latest net assets as of September 2025: CN¥48.60 Million CNY

Based on the latest financial reports, Jiangsu Fasten Co Ltd (000890) has net assets worth CN¥48.60 Million 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¥985.65 Million) and total liabilities (CN¥937.05 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 CN¥48.60 Million
% of Total Assets 4.93%
Annual Growth Rate -1.14%
5-Year Change 436.71%
10-Year Change -92.23%
Growth Volatility 237.02

Jiangsu Fasten Co Ltd - Net Assets Trend (1995–2024)

This chart illustrates how Jiangsu Fasten 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 Jiangsu Fasten Co Ltd (1995–2024)

The table below shows the annual net assets of Jiangsu Fasten Co Ltd from 1995 to 2024.

Year Net Assets Change
2024-12-31 CN¥89.23 Million -37.64%
2023-12-31 CN¥143.07 Million -32.50%
2022-12-31 CN¥211.95 Million -5.15%
2021-12-31 CN¥223.45 Million +1244.09%
2020-12-31 CN¥16.62 Million +111.21%
2019-12-31 CN¥-148.28 Million -122.66%
2018-12-31 CN¥654.28 Million -30.79%
2017-12-31 CN¥945.38 Million +3.94%
2016-12-31 CN¥909.56 Million -20.79%
2015-12-31 CN¥1.15 Billion +0.92%
2014-12-31 CN¥1.14 Billion +0.94%
2013-12-31 CN¥1.13 Billion -5.08%
2012-12-31 CN¥1.19 Billion +0.82%
2011-12-31 CN¥1.18 Billion -1.15%
2010-12-31 CN¥1.19 Billion +4.91%
2009-12-31 CN¥1.14 Billion -5.99%
2008-12-31 CN¥1.21 Billion -6.68%
2007-12-31 CN¥1.29 Billion +3.00%
2006-12-31 CN¥1.26 Billion -0.11%
2005-12-31 CN¥1.26 Billion +2.16%
2004-12-31 CN¥1.23 Billion +5.84%
2003-12-31 CN¥1.16 Billion +5.90%
2002-12-31 CN¥1.10 Billion +1.72%
2001-12-31 CN¥1.08 Billion +49.53%
2000-12-31 CN¥722.71 Million +18.44%
1999-12-31 CN¥610.17 Million +18.27%
1998-12-31 CN¥515.93 Million +263.48%
1997-12-31 CN¥141.94 Million -8.66%
1996-12-31 CN¥155.39 Million +24.76%
1995-12-31 CN¥124.55 Million --

Equity Component Analysis

This analysis shows how different components contribute to Jiangsu Fasten 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 3112.4% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock CN¥419.50 Million 2435.82%
Other Comprehensive Income CN¥231.49 Million 1344.13%
Other Components CN¥70.77 Million 410.89%
Total Equity CN¥17.22 Million 100.00%

Jiangsu Fasten Co Ltd Competitors by Market Cap

The table below lists competitors of Jiangsu Fasten Co Ltd ranked by their market capitalization.

Company Market Cap
Medigen Vaccine Biologics
TWO:6547
 		$283.60 Million
HD Renewable Energy Co. Ltd.
TW:6873
 		$283.60 Million
Meitav Trade Inv Ltd
TA:MTRD
 		$283.72 Million
Qiaoyin Environmental Tech Co Ltd
SHE:002973
 		$283.77 Million
Akebia Therapeutics Inc
F:AX9
 		$283.56 Million
Wuhan Easy Diagnosis Biomedicine Co Ltd Class A
SHE:002932
 		$283.55 Million
Shandong Chenming Paper Holdings Limited
F:SCD1
 		$283.52 Million
Korea Line
KO:005880
 		$283.49 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 30,472,298 to 17,222,267, a change of -13,250,031 (-43.5%).
  • Net loss of 105,932,594 reduced equity.
  • Dividend payments of 34,570,078 reduced retained earnings.
  • Other comprehensive income increased equity by 259,511,701.
  • Other factors decreased equity by 132,259,060.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥-105.93 Million -615.09%
Dividends Paid CN¥34.57 Million -200.73%
Other Comprehensive Income CN¥259.51 Million +1506.84%
Other Changes CN¥-132.26 Million -767.95%
Total Change CN¥- -43.48%

Book Value vs Market Value Analysis

This analysis compares Jiangsu Fasten 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: 300.16x
  • 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 increased from 37.72x to 300.16x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1995-12-31 CN¥0.32 CN¥12.20 x
1996-12-31 CN¥0.40 CN¥12.20 x
1997-12-31 CN¥0.37 CN¥12.20 x
1998-12-31 CN¥1.34 CN¥12.20 x
1999-12-31 CN¥1.42 CN¥12.20 x
2000-12-31 CN¥1.55 CN¥12.20 x
2001-12-31 CN¥2.41 CN¥12.20 x
2002-12-31 CN¥2.41 CN¥12.20 x
2003-12-31 CN¥2.45 CN¥12.20 x
2004-12-31 CN¥2.46 CN¥12.20 x
2005-12-31 CN¥2.48 CN¥12.20 x
2006-12-31 CN¥2.53 CN¥12.20 x
2007-12-31 CN¥2.56 CN¥12.20 x
2008-12-31 CN¥2.63 CN¥12.20 x
2009-12-31 CN¥2.66 CN¥12.20 x
2010-12-31 CN¥2.70 CN¥12.20 x
2011-12-31 CN¥2.74 CN¥12.20 x
2012-12-31 CN¥2.74 CN¥12.20 x
2013-12-31 CN¥2.73 CN¥12.20 x
2014-12-31 CN¥2.74 CN¥12.20 x
2015-12-31 CN¥2.73 CN¥12.20 x
2016-12-31 CN¥2.10 CN¥12.20 x
2017-12-31 CN¥2.51 CN¥12.20 x
2018-12-31 CN¥1.71 CN¥12.20 x
2019-12-31 CN¥-0.39 CN¥12.20 x
2020-12-31 CN¥0.04 CN¥12.20 x
2021-12-31 CN¥0.12 CN¥12.20 x
2022-12-31 CN¥0.06 CN¥12.20 x
2023-12-31 CN¥0.08 CN¥12.20 x
2024-12-31 CN¥0.04 CN¥12.20 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Jiangsu Fasten 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): -615.09%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -33.92%
  • • Asset Turnover: 0.30x
  • • Equity Multiplier: 60.71x
  • Recent ROE (-615.09%) is below the historical average (-7.04%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1995 10.55% 4.18% 1.06x 2.38x CN¥689.76K
1996 19.85% 8.40% 1.29x 1.83x CN¥15.30 Million
1997 26.03% 10.00% 1.24x 2.10x CN¥22.75 Million
1998 10.12% 14.09% 0.51x 1.40x CN¥598.06K
1999 10.79% 15.45% 0.36x 1.96x CN¥4.32 Million
2000 11.71% 10.67% 0.49x 2.26x CN¥10.20 Million
2001 6.97% 6.13% 0.52x 2.18x CN¥-28.08 Million
2002 3.68% 5.14% 0.34x 2.13x CN¥-58.76 Million
2003 2.06% 2.09% 0.35x 2.84x CN¥-74.93 Million
2004 1.91% 1.51% 0.36x 3.53x CN¥-76.61 Million
2005 2.30% 1.36% 0.44x 3.87x CN¥-73.45 Million
2006 2.68% 1.32% 0.52x 3.95x CN¥-70.34 Million
2007 1.56% 0.69% 0.60x 3.77x CN¥-83.32 Million
2008 1.03% 0.49% 0.69x 3.06x CN¥-89.47 Million
2009 1.22% 0.80% 0.51x 3.00x CN¥-88.62 Million
2010 1.26% 0.76% 0.50x 3.30x CN¥-89.63 Million
2011 1.29% 0.74% 0.55x 3.18x CN¥-90.46 Million
2012 1.00% 0.59% 0.60x 2.81x CN¥-93.75 Million
2013 0.62% 0.41% 0.49x 3.12x CN¥-97.09 Million
2014 0.50% 0.34% 0.50x 2.99x CN¥-98.92 Million
2015 0.53% 0.39% 0.48x 2.85x CN¥-99.16 Million
2016 17.60% 7.41% 0.22x 10.95x CN¥61.05 Million
2017 15.14% 7.14% 0.21x 10.25x CN¥48.60 Million
2018 -22.20% -8.55% 0.23x 11.49x CN¥-210.66 Million
2019 0.00% -77.48% 0.21x 0.00x CN¥-762.74 Million
2020 95.98% 3.42% 0.50x 55.73x CN¥14.29 Million
2021 140.62% 10.39% 0.34x 39.80x CN¥64.40 Million
2022 1.69% 0.07% 0.37x 70.65x CN¥-2.16 Million
2023 37.53% 2.56% 0.29x 50.70x CN¥8.39 Million
2024 -615.09% -33.92% 0.30x 60.71x CN¥-107.65 Million

Industry Comparison

This section compares Jiangsu Fasten Co Ltd's net assets metrics with peer companies in the Steel industry.

Industry Context

  • Industry: Steel
  • Average net assets among peers: $8,110,625,247
  • Average return on equity (ROE) among peers: 16.34%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Jiangsu Fasten Co Ltd (000890) CN¥48.60 Million 10.55% 19.28x $283.59 Million
CITIC Pacific Special Steel Group Co Ltd (000708) $28.39 Billion 21.25% 1.73x $1.81 Billion
Sgis Songshan Co Ltd (000717) $327.09 Million 52.31% 0.75x $413.87 Million
Xinxing Ductile Iron Pipes Co Ltd (000778) $28.18 Billion 0.59% 0.89x $1.51 Billion
Shanxi Taigang Stainless Steel Co Ltd (000825) $3.37 Billion 8.80% 0.69x $1.33 Billion
Angang Steel Co Ltd Class A (000898) $5.09 Billion 10.03% 0.24x $1.18 Billion
Hunan Valin Steel Co Ltd (000932) $2.77 Billion 11.22% 0.71x $1.17 Billion
Beijing Shougang Co Ltd (000959) $2.57 Billion 23.68% 2.11x $921.92 Million
Sansteel MinGuang Co Ltd Fujian (002110) $1.60 Billion 7.93% 1.54x $528.18 Million
Henan Hengxing Science & Technology Co Ltd (002132) $696.31 Million 11.21% 0.89x $528.47 Million