Hunan Jingfeng Pharmaceutical (000908) - Net Assets
Based on the latest financial reports, Hunan Jingfeng Pharmaceutical (000908) has net assets worth CN¥-37.76 Million CNY (≈ $-5.52 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥877.99 Million ≈ $128.48 Million USD) and total liabilities (CN¥915.74 Million ≈ $134.00 Million USD). 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. Check Hunan Jingfeng Pharmaceutical asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥-37.76 Million |
| % of Total Assets | -4.3% |
| Annual Growth Rate | N/A |
| 5-Year Change | -102.37% |
| 10-Year Change | -100.67% |
| Growth Volatility | 3858.7 |
Hunan Jingfeng Pharmaceutical - Net Assets Trend (1995–2024)
This chart illustrates how Hunan Jingfeng Pharmaceutical's net assets have evolved over time, based on quarterly financial data. Also explore 000908 total asset value for the complete picture of this company's asset base.
Annual Net Assets for Hunan Jingfeng Pharmaceutical (1995–2024)
The table below shows the annual net assets of Hunan Jingfeng Pharmaceutical from 1995 to 2024. For live valuation and market cap data, see Hunan Jingfeng Pharmaceutical market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥-15.13 Million ≈ $-2.21 Million |
+90.16% |
| 2023-12-31 | CN¥-153.68 Million ≈ $-22.49 Million |
-171.54% |
| 2022-12-31 | CN¥214.83 Million ≈ $31.44 Million |
-34.45% |
| 2021-12-31 | CN¥327.73 Million ≈ $47.96 Million |
-48.65% |
| 2020-12-31 | CN¥638.18 Million ≈ $93.39 Million |
-67.13% |
| 2019-12-31 | CN¥1.94 Billion ≈ $284.15 Million |
-32.15% |
| 2018-12-31 | CN¥2.86 Billion ≈ $418.81 Million |
+10.08% |
| 2017-12-31 | CN¥2.60 Billion ≈ $380.45 Million |
-0.48% |
| 2016-12-31 | CN¥2.61 Billion ≈ $382.27 Million |
+16.19% |
| 2015-12-31 | CN¥2.25 Billion ≈ $329.02 Million |
+126.19% |
| 2014-12-31 | CN¥994.04 Million ≈ $145.46 Million |
+18624.95% |
| 2013-12-31 | CN¥5.31 Million ≈ $776.82K |
+108.82% |
| 2012-12-31 | CN¥-60.15 Million ≈ $-8.80 Million |
-7706.65% |
| 2011-12-31 | CN¥790.82K ≈ $115.72K |
-98.63% |
| 2010-12-31 | CN¥57.85 Million ≈ $8.46 Million |
-42.54% |
| 2009-12-31 | CN¥100.67 Million ≈ $14.73 Million |
-70.27% |
| 2008-12-31 | CN¥338.64 Million ≈ $49.55 Million |
+0.50% |
| 2007-12-31 | CN¥336.95 Million ≈ $49.31 Million |
+0.17% |
| 2006-12-31 | CN¥336.40 Million ≈ $49.23 Million |
+2.04% |
| 2005-12-31 | CN¥329.66 Million ≈ $48.24 Million |
-2.88% |
| 2004-12-31 | CN¥339.45 Million ≈ $49.67 Million |
-19.06% |
| 2003-12-31 | CN¥419.38 Million ≈ $61.37 Million |
-19.77% |
| 2002-12-31 | CN¥522.69 Million ≈ $76.49 Million |
+4.87% |
| 2001-12-31 | CN¥498.41 Million ≈ $72.93 Million |
-0.43% |
| 2000-12-31 | CN¥500.54 Million ≈ $73.24 Million |
+3.11% |
| 1999-12-31 | CN¥485.43 Million ≈ $71.03 Million |
+21.17% |
| 1998-12-31 | CN¥400.62 Million ≈ $58.62 Million |
+363.09% |
| 1997-12-31 | CN¥86.51 Million ≈ $12.66 Million |
+42.21% |
| 1996-12-31 | CN¥60.83 Million ≈ $8.90 Million |
+97.55% |
| 1995-12-31 | CN¥30.79 Million ≈ $4.51 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Hunan Jingfeng Pharmaceutical'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 104595230500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CN¥416.69 Million | 509.42% |
| Other Comprehensive Income | CN¥-305.87 Million | -373.95% |
| Other Components | CN¥1.02 Billion | 1243.25% |
| Total Equity | CN¥81.80 Million | 100.00% |
Hunan Jingfeng Pharmaceutical Competitors by Market Cap
The table below lists competitors of Hunan Jingfeng Pharmaceutical ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ASRock Inc
TW:3515
|
$916.66 Million |
|
China Resources and Environment Co Ltd
SHG:600217
|
$916.90 Million |
|
SKF India Limited
NSE:SKFINDIA
|
$916.93 Million |
|
Sun Create Electronics Co., Ltd
SHG:600990
|
$917.10 Million |
|
Intelbras S.A. - Indústria de Telecomunicação Eletrônica Brasileira
SA:INTB3
|
$916.53 Million |
|
Changzhou Tenglong Auto Parts
SHG:603158
|
$916.36 Million |
|
Guangxi Wuzhou Communications Co Ltd
SHG:600368
|
$916.26 Million |
|
Lelon Electronics Corp
TW:2472
|
$916.05 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hunan Jingfeng Pharmaceutical's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -49,494,383 to 81,796,189, a change of 131,290,572.
- Net income of 152,304,308 contributed positively to equity growth.
- Dividend payments of 13,403,077 reduced retained earnings.
- Other comprehensive income decreased equity by 57,367.
- Other factors decreased equity by 7,553,292.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥152.30 Million | +186.2% |
| Dividends Paid | CN¥13.40 Million | -16.39% |
| Other Comprehensive Income | CN¥-57.37K | -0.07% |
| Other Changes | CN¥-7.55 Million | -9.23% |
| Total Change | CN¥- | % |
Book Value vs Market Value Analysis
This analysis compares Hunan Jingfeng Pharmaceutical'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: 76.59x
- 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 90.59x to 76.59x 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¥0.08 | CN¥7.12 | x |
| 1996-12-31 | CN¥0.16 | CN¥7.12 | x |
| 1997-12-31 | CN¥0.22 | CN¥7.12 | x |
| 1998-12-31 | CN¥1.02 | CN¥7.12 | x |
| 1999-12-31 | CN¥1.16 | CN¥7.12 | x |
| 2000-12-31 | CN¥1.25 | CN¥7.12 | x |
| 2001-12-31 | CN¥1.27 | CN¥7.12 | x |
| 2002-12-31 | CN¥1.30 | CN¥7.12 | x |
| 2003-12-31 | CN¥1.02 | CN¥7.12 | x |
| 2004-12-31 | CN¥0.83 | CN¥7.12 | x |
| 2005-12-31 | CN¥0.84 | CN¥7.12 | x |
| 2006-12-31 | CN¥0.85 | CN¥7.12 | x |
| 2007-12-31 | CN¥1.07 | CN¥7.12 | x |
| 2008-12-31 | CN¥0.87 | CN¥7.12 | x |
| 2009-12-31 | CN¥0.17 | CN¥7.12 | x |
| 2010-12-31 | CN¥0.19 | CN¥7.12 | x |
| 2011-12-31 | CN¥0.00 | CN¥7.12 | x |
| 2012-12-31 | CN¥-0.20 | CN¥7.12 | x |
| 2013-12-31 | CN¥0.01 | CN¥7.12 | x |
| 2014-12-31 | CN¥1.95 | CN¥7.12 | x |
| 2015-12-31 | CN¥2.48 | CN¥7.12 | x |
| 2016-12-31 | CN¥2.72 | CN¥7.12 | x |
| 2017-12-31 | CN¥2.70 | CN¥7.12 | x |
| 2018-12-31 | CN¥2.82 | CN¥7.12 | x |
| 2019-12-31 | CN¥1.81 | CN¥7.12 | x |
| 2020-12-31 | CN¥0.59 | CN¥7.12 | x |
| 2021-12-31 | CN¥0.35 | CN¥7.12 | x |
| 2022-12-31 | CN¥0.20 | CN¥7.12 | x |
| 2023-12-31 | CN¥-0.06 | CN¥7.12 | x |
| 2024-12-31 | CN¥0.09 | CN¥7.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hunan Jingfeng Pharmaceutical 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): 186.20%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 36.61%
- • Asset Turnover: 0.44x
- • Equity Multiplier: 11.49x
- Recent ROE (186.20%) is above the historical average (-602.53%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1995 | 25.85% | 11.80% | 1.02x | 2.15x | CN¥4.88 Million |
| 1996 | 30.68% | 27.21% | 0.52x | 2.16x | CN¥12.58 Million |
| 1997 | 31.04% | 40.76% | 0.50x | 1.53x | CN¥18.20 Million |
| 1998 | 7.32% | 33.97% | 0.18x | 1.18x | CN¥-10.72 Million |
| 1999 | 12.50% | 41.77% | 0.20x | 1.52x | CN¥11.37 Million |
| 2000 | 9.42% | 24.44% | 0.27x | 1.42x | CN¥-2.83 Million |
| 2001 | 2.46% | 7.15% | 0.28x | 1.25x | CN¥-37.50 Million |
| 2002 | 2.74% | 6.54% | 0.25x | 1.70x | CN¥-37.10 Million |
| 2003 | -13.17% | -24.30% | 0.22x | 2.45x | CN¥-92.83 Million |
| 2004 | -20.03% | -25.17% | 0.29x | 2.74x | CN¥-97.58 Million |
| 2005 | 0.91% | 1.39% | 0.26x | 2.56x | CN¥-29.84 Million |
| 2006 | 0.81% | 1.15% | 0.29x | 2.46x | CN¥-30.75 Million |
| 2007 | 1.69% | 3.01% | 0.23x | 2.44x | CN¥-27.73 Million |
| 2008 | -11.48% | -15.45% | 0.22x | 3.39x | CN¥-62.65 Million |
| 2009 | -444.36% | -100.88% | 0.30x | 14.63x | CN¥-243.81 Million |
| 2010 | 5.22% | 1.38% | 0.46x | 8.23x | CN¥-2.74 Million |
| 2011 | -17638.33% | -40.98% | 0.33x | 1304.81x | CN¥-57.00 Million |
| 2012 | 0.00% | -41.85% | 0.39x | 0.00x | CN¥-54.75 Million |
| 2013 | 68.17% | 2.01% | 0.50x | 68.14x | CN¥2.87 Million |
| 2014 | 25.58% | 12.82% | 1.02x | 1.95x | CN¥152.91 Million |
| 2015 | 14.91% | 13.18% | 0.71x | 1.58x | CN¥106.74 Million |
| 2016 | 14.21% | 12.88% | 0.51x | 2.15x | CN¥100.81 Million |
| 2017 | 6.81% | 6.27% | 0.53x | 2.05x | CN¥-75.76 Million |
| 2018 | 7.52% | 7.22% | 0.49x | 2.10x | CN¥-61.55 Million |
| 2019 | -58.03% | -68.57% | 0.31x | 2.74x | CN¥-1.08 Billion |
| 2020 | -222.16% | -131.60% | 0.33x | 5.17x | CN¥-1.21 Billion |
| 2021 | -65.81% | -24.86% | 0.45x | 5.85x | CN¥-232.28 Million |
| 2022 | -56.70% | -12.00% | 0.57x | 8.25x | CN¥-118.68 Million |
| 2023 | 0.00% | -32.75% | 0.62x | 0.00x | CN¥-210.19 Million |
| 2024 | 186.20% | 36.61% | 0.44x | 11.49x | CN¥144.12 Million |
Industry Comparison
This section compares Hunan Jingfeng Pharmaceutical's net assets metrics with peer companies in the Drug Manufacturers - General industry.
Industry Context
- Industry: Drug Manufacturers - General
- Average net assets among peers: $1,672,566,033
- Average return on equity (ROE) among peers: 1.90%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hunan Jingfeng Pharmaceutical (000908) | CN¥-37.76 Million | 25.85% | N/A | $916.62 Million |
| Zhejiang Int'L Group Co Ltd (000411) | $215.92 Million | 3.15% | 4.29x | $809.52 Million |
| Zhejiang Zhenyuan Share Co Ltd (000705) | $439.28 Million | 4.77% | 0.63x | $403.85 Million |
| Hubei Guangji Pharmaceutical Co Ltd (000952) | $481.54 Million | 6.36% | 0.40x | $374.97 Million |
| Yifan Xinfu Pharmaceutical Co Ltd (002019) | $703.64 Million | -28.08% | 0.71x | $1.99 Billion |
| Guangdong Jiaying Pharmaceutical Co Ltd (002198) | $684.48 Million | 0.22% | 0.18x | $433.71 Million |
| Sichuan Kelun Pharmaceutical Co Ltd (002422) | $9.06 Billion | 12.00% | 0.65x | $8.08 Billion |
| Chongqing Lummy Pharmaceutical (300006) | $1.88 Billion | -4.66% | 0.52x | $987.34 Million |
| Zhejiang Jolly Pharmaceutical Co Ltd (300181) | $1.49 Billion | 3.03% | 0.44x | $1.56 Billion |
| Zhejiang Wolwo Bio-Pharmaceutical Co Ltd (300357) | $90.44 Million | 20.35% | 0.22x | $1.95 Billion |
About Hunan Jingfeng Pharmaceutical
Hunan Jingfeng Pharmaceutical Co.,Ltd. manufactures and sells chemical drugs and biological agents in China. The company's principal product is sodium hyaluronate injection for use in orthopedics and surgery applications. It also offers ophthalmic equipment and API products, as well as engages in the research and development of antitumor, cancer, and cardiovascular drugs; and distributed in the f… Read more