Zhejiang Jingxin Pharmaceutical Co Ltd

SHE:002020 China Drug Manufacturers - Specialty & Generic
Market Cap
$1.73 Billion
CN¥12.66 Billion CNY
Market Cap Rank
#7510 Global
#1239 in China
Share Price
CN¥14.70
Change (1 day)
+0.14%
52-Week Range
CN¥12.90 - CN¥21.63
All Time High
CN¥25.17
About

Zhejiang Jingxin Pharmaceutical Co., Ltd. researches and develops, produces, and sells pharmaceutical products and medical devices in China and internationally. The company offers antihypertensive, antibiotics, quinolones, gastrointestinal promotion, antidiabetic, antiepileptic, antihistamine, H+ pump depressant, antihyper cholesterolemia, histamine H2 receptor blockader, antihyper cholesterolemi… Read more

Zhejiang Jingxin Pharmaceutical Co Ltd (002020) - Net Assets

Latest net assets as of September 2025: CN¥5.69 Billion CNY

Based on the latest financial reports, Zhejiang Jingxin Pharmaceutical Co Ltd (002020) has net assets worth CN¥5.69 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¥7.98 Billion) and total liabilities (CN¥2.29 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¥5.69 Billion
% of Total Assets 71.26%
Annual Growth Rate 24.25%
5-Year Change 52.61%
10-Year Change 165.5%
Growth Volatility 52.77

Zhejiang Jingxin Pharmaceutical Co Ltd - Net Assets Trend (2001–2024)

This chart illustrates how Zhejiang Jingxin Pharmaceutical 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 Zhejiang Jingxin Pharmaceutical Co Ltd (2001–2024)

The table below shows the annual net assets of Zhejiang Jingxin Pharmaceutical Co Ltd from 2001 to 2024.

Year Net Assets Change
2024-12-31 CN¥6.00 Billion +8.33%
2023-12-31 CN¥5.54 Billion +7.12%
2022-12-31 CN¥5.17 Billion +6.91%
2021-12-31 CN¥4.84 Billion +23.01%
2020-12-31 CN¥3.93 Billion +5.98%
2019-12-31 CN¥3.71 Billion +3.84%
2018-12-31 CN¥3.57 Billion -9.89%
2017-12-31 CN¥3.97 Billion +63.43%
2016-12-31 CN¥2.43 Billion +7.34%
2015-12-31 CN¥2.26 Billion +61.63%
2014-12-31 CN¥1.40 Billion +70.98%
2013-12-31 CN¥817.98 Million +5.88%
2012-12-31 CN¥772.58 Million +0.84%
2011-12-31 CN¥766.17 Million +139.33%
2010-12-31 CN¥320.13 Million +4.22%
2009-12-31 CN¥307.17 Million +1.31%
2008-12-31 CN¥303.19 Million +1.20%
2007-12-31 CN¥299.61 Million +1.70%
2006-12-31 CN¥294.62 Million +1.72%
2005-12-31 CN¥289.64 Million +1.98%
2004-12-31 CN¥284.03 Million +221.15%
2003-12-31 CN¥88.44 Million +40.34%
2002-12-31 CN¥63.02 Million +54.95%
2001-12-31 CN¥40.67 Million --

Equity Component Analysis

This analysis shows how different components contribute to Zhejiang Jingxin Pharmaceutical 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 121558.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥2.90 Billion 48.54%
Common Stock CN¥861.03 Million 14.42%
Other Comprehensive Income CN¥487.65 Million 8.17%
Other Components CN¥1.72 Billion 28.87%
Total Equity CN¥5.97 Billion 100.00%

Zhejiang Jingxin Pharmaceutical Co Ltd Competitors by Market Cap

The table below lists competitors of Zhejiang Jingxin Pharmaceutical Co Ltd ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 5,512,374,486 to 5,969,508,653, a change of 457,134,167 (8.3%).
  • Net income of 711,961,466 contributed positively to equity growth.
  • Dividend payments of 258,308,742 reduced retained earnings.
  • Other comprehensive income increased equity by 99,675,438.
  • Other factors decreased equity by 96,193,995.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥711.96 Million +11.93%
Dividends Paid CN¥258.31 Million -4.33%
Other Comprehensive Income CN¥99.68 Million +1.67%
Other Changes CN¥-96.19 Million -1.61%
Total Change CN¥- 8.29%

Book Value vs Market Value Analysis

This analysis compares Zhejiang Jingxin Pharmaceutical 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: 2.11x
  • 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 327.20x to 2.11x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2001-12-31 CN¥0.04 CN¥14.70 x
2002-12-31 CN¥0.07 CN¥14.70 x
2003-12-31 CN¥0.17 CN¥14.70 x
2004-12-31 CN¥0.58 CN¥14.70 x
2005-12-31 CN¥0.59 CN¥14.70 x
2006-12-31 CN¥0.60 CN¥14.70 x
2007-12-31 CN¥0.62 CN¥14.70 x
2008-12-31 CN¥0.62 CN¥14.70 x
2009-12-31 CN¥0.62 CN¥14.70 x
2010-12-31 CN¥0.65 CN¥14.70 x
2011-12-31 CN¥1.51 CN¥14.70 x
2012-12-31 CN¥1.27 CN¥14.70 x
2013-12-31 CN¥1.35 CN¥14.70 x
2014-12-31 CN¥2.16 CN¥14.70 x
2015-12-31 CN¥3.23 CN¥14.70 x
2016-12-31 CN¥3.11 CN¥14.70 x
2017-12-31 CN¥4.87 CN¥14.70 x
2018-12-31 CN¥4.11 CN¥14.70 x
2019-12-31 CN¥4.54 CN¥14.70 x
2020-12-31 CN¥4.95 CN¥14.70 x
2021-12-31 CN¥5.90 CN¥14.70 x
2022-12-31 CN¥5.98 CN¥14.70 x
2023-12-31 CN¥6.41 CN¥14.70 x
2024-12-31 CN¥6.96 CN¥14.70 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Zhejiang Jingxin Pharmaceutical 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): 11.93%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 17.12%
  • • Asset Turnover: 0.49x
  • • Equity Multiplier: 1.42x
  • Recent ROE (11.93%) is above the historical average (10.21%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2001 24.52% 4.39% 1.49x 3.75x CN¥5.91 Million
2002 35.36% 8.25% 1.48x 2.89x CN¥15.98 Million
2003 28.72% 8.43% 1.16x 2.93x CN¥16.56 Million
2004 9.23% 7.41% 0.75x 1.66x CN¥-2.16 Million
2005 6.53% 6.11% 0.53x 2.01x CN¥-9.81 Million
2006 4.79% 3.24% 0.56x 2.64x CN¥-15.28 Million
2007 0.50% 0.27% 0.56x 3.41x CN¥-28.31 Million
2008 -5.92% -3.47% 0.54x 3.18x CN¥-47.66 Million
2009 1.24% 0.71% 0.58x 3.03x CN¥-26.55 Million
2010 4.08% 2.04% 0.66x 3.00x CN¥-18.70 Million
2011 3.80% 4.10% 0.60x 1.56x CN¥-47.50 Million
2012 4.10% 3.69% 0.66x 1.68x CN¥-45.58 Million
2013 7.87% 6.60% 0.74x 1.62x CN¥-17.45 Million
2014 7.66% 8.67% 0.60x 1.48x CN¥-32.77 Million
2015 7.49% 11.73% 0.48x 1.33x CN¥-55.64 Million
2016 8.39% 10.65% 0.57x 1.38x CN¥-38.35 Million
2017 6.74% 11.91% 0.45x 1.25x CN¥-127.68 Million
2018 10.37% 12.54% 0.59x 1.40x CN¥13.10 Million
2019 14.08% 14.27% 0.65x 1.52x CN¥150.79 Million
2020 16.67% 20.04% 0.57x 1.45x CN¥261.31 Million
2021 12.72% 17.67% 0.54x 1.33x CN¥130.80 Million
2022 12.87% 17.52% 0.51x 1.43x CN¥147.64 Million
2023 11.23% 15.48% 0.50x 1.45x CN¥67.66 Million
2024 11.93% 17.12% 0.49x 1.42x CN¥115.01 Million

Industry Comparison

This section compares Zhejiang Jingxin Pharmaceutical Co Ltd's net assets metrics with peer companies in the Drug Manufacturers - Specialty & Generic industry.

Industry Context

  • Industry: Drug Manufacturers - Specialty & Generic
  • Average net assets among peers: $1,860,251,608
  • Average return on equity (ROE) among peers: 9.14%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Zhejiang Jingxin Pharmaceutical Co Ltd (002020) CN¥5.69 Billion 24.52% 0.40x $934.55 Million
Shenzhen Neptunus Bioengineering Co Ltd (000078) $868.76 Million 4.89% 3.05x $585.75 Million
Anhui Fengyuan Pharmaceutical Co Ltd (000153) $1.22 Billion 5.35% 1.27x $303.51 Million
Shan Dong Dong-E E-Jiao Co Ltd (000423) $1.12 Billion 13.25% 0.26x $3.24 Billion
Wedge Industrial Co Ltd (000534) $1.30 Billion 13.53% 1.39x $1.83 Billion
Yunnan Baiyao Group Co Ltd (000538) $5.56 Billion 21.80% 0.64x $5.45 Billion
Tus Pharmaceutical Group Co Ltd (000590) $280.91 Million 1.46% 1.58x $314.20 Million
Northeast Pharmaceutical Group Co Ltd (000597) $2.76 Billion 3.15% 2.10x $393.66 Million
Jilin Aodong Pharmaceutical Group Co Ltd (000623) $720.42 Million 13.93% 0.65x $1.92 Billion
Renhe Pharmacy Co Ltd (000650) $4.35 Billion 12.36% 0.15x $734.11 Million
Changchun High & New Technology Industries Group Inc (000661) $416.50 Million 1.72% 2.35x $3.31 Billion