Jiiangsu Times Textile Technology Co.LTD
Jiiangsu Times Textile Technology Co.,LTD produces and sells knitted fabrics and knitted clothing products in China and internationally. It is also involved in weaving, dyeing, and finishing of knitted fabric, as well as cutting, printing, embroidery, sewing, and other services for knitted garments. The company's products include sportswear, casual clothing, children's clothing, and others. Jiian… Read more
Jiiangsu Times Textile Technology Co.LTD (001234) - Net Assets
Latest net assets as of September 2025: CN¥913.10 Million CNY
Based on the latest financial reports, Jiiangsu Times Textile Technology Co.LTD (001234) has net assets worth CN¥913.10 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¥1.16 Billion) and total liabilities (CN¥246.09 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¥913.10 Million |
| % of Total Assets | 78.77% |
| Annual Growth Rate | 27.44% |
| 5-Year Change | 137.98% |
| 10-Year Change | N/A |
| Growth Volatility | 29.13 |
Jiiangsu Times Textile Technology Co.LTD - Net Assets Trend (2017–2024)
This chart illustrates how Jiiangsu Times Textile Technology 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 Jiiangsu Times Textile Technology Co.LTD (2017–2024)
The table below shows the annual net assets of Jiiangsu Times Textile Technology Co.LTD from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥901.49 Million | +0.69% |
| 2023-12-31 | CN¥895.28 Million | +1.34% |
| 2022-12-31 | CN¥883.42 Million | +85.26% |
| 2021-12-31 | CN¥476.86 Million | +25.88% |
| 2020-12-31 | CN¥378.81 Million | +27.63% |
| 2019-12-31 | CN¥296.80 Million | +12.55% |
| 2018-12-31 | CN¥263.70 Million | +59.70% |
| 2017-12-31 | CN¥165.12 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Jiiangsu Times Textile Technology 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 376.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥209.83 Million | 23.28% |
| Common Stock | CN¥109.43 Million | 12.14% |
| Other Components | CN¥582.22 Million | 64.58% |
| Total Equity | CN¥901.49 Million | 100.00% |
Jiiangsu Times Textile Technology Co.LTD Competitors by Market Cap
The table below lists competitors of Jiiangsu Times Textile Technology Co.LTD ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
India Motor Parts and Accessories Limited
NSE:IMPAL
|
$106.40 Million |
|
Nova Klúbburinn hf.
IC:NOVA
|
$106.42 Million |
|
Niko Semiconductor Co Ltd
TWO:3317
|
$106.43 Million |
|
GalaxiaMoneytree Co.Ltd
KQ:094480
|
$106.44 Million |
|
Tenaya Therapeutics Inc
NASDAQ:TNYA
|
$106.37 Million |
|
Quipt Home Medical Corp
NASDAQ:QIPT
|
$106.33 Million |
|
Laser Tek Taiwan Co Ltd
TWO:6207
|
$106.32 Million |
|
Aurskog Sparebank
OL:AURG
|
$106.30 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jiiangsu Times Textile Technology Co.LTD's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 895,275,159 to 901,487,266, a change of 6,212,107 (0.7%).
- Net income of 70,380,087 contributed positively to equity growth.
- Dividend payments of 76,964,136 reduced retained earnings.
- Share repurchases of 178,800 reduced equity.
- Other factors increased equity by 12,974,956.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥70.38 Million | +7.81% |
| Dividends Paid | CN¥76.96 Million | -8.54% |
| Share Repurchases | CN¥178.80K | -0.02% |
| Other Changes | CN¥12.97 Million | +1.44% |
| Total Change | CN¥- | 0.69% |
Book Value vs Market Value Analysis
This analysis compares Jiiangsu Times Textile Technology 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: 3.28x
- 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 17.83x to 3.28x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥1.55 | CN¥27.60 | x |
| 2018-12-31 | CN¥2.47 | CN¥27.60 | x |
| 2019-12-31 | CN¥2.78 | CN¥27.60 | x |
| 2020-12-31 | CN¥3.55 | CN¥27.60 | x |
| 2021-12-31 | CN¥4.47 | CN¥27.60 | x |
| 2022-12-31 | CN¥8.28 | CN¥27.60 | x |
| 2023-12-31 | CN¥8.38 | CN¥27.60 | x |
| 2024-12-31 | CN¥8.42 | CN¥27.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jiiangsu Times Textile Technology 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): 7.81%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.75%
- • Asset Turnover: 0.74x
- • Equity Multiplier: 1.35x
- Recent ROE (7.81%) is below the historical average (22.14%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 42.36% | 10.74% | 1.41x | 2.79x | CN¥53.43 Million |
| 2018 | 37.38% | 13.06% | 1.52x | 1.88x | CN¥72.20 Million |
| 2019 | 31.37% | 11.76% | 1.58x | 1.69x | CN¥63.42 Million |
| 2020 | 21.65% | 11.82% | 1.29x | 1.42x | CN¥44.13 Million |
| 2021 | 20.56% | 11.28% | 1.35x | 1.36x | CN¥50.37 Million |
| 2022 | 8.70% | 10.36% | 0.67x | 1.25x | CN¥-11.50 Million |
| 2023 | 7.28% | 8.16% | 0.71x | 1.27x | CN¥-24.34 Million |
| 2024 | 7.81% | 7.75% | 0.74x | 1.35x | CN¥-19.77 Million |
Industry Comparison
This section compares Jiiangsu Times Textile Technology Co.LTD's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $2,220,000,626
- Average return on equity (ROE) among peers: 3.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jiiangsu Times Textile Technology Co.LTD (001234) | CN¥913.10 Million | 42.36% | 0.27x | $106.39 Million |
| Shijiazhuang Changshan Textile Co Ltd (000158) | $6.01 Billion | 5.91% | 1.13x | $2.82 Billion |
| Jilin Chemical Fibre Co Ltd (000420) | $2.78 Billion | 3.08% | 1.22x | $1.35 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 |
| 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 |